HomeMy WebLinkAbout1572 STATE nF FLORIDA • ~4266z This form is used in connection
FHA FORM NO 2110 m , ~ with mortgages insured under the
R•.Is•d Morch 1972 One- to fOUr-tamily prOVisio~s of
the National Housing Act.
1~iORTGAGE
THIS ~tORTGAGE, dattd the jst ~aY ~ ~:ovesnber . A. D. 1972 , by and
be~ween RUBY LEE IIL`~JIT1, a married woc~an •
h~rcinafter called the mortgagor, and
STOCKTON, WHATLEY DAV~'~ ~ t;U~g'ANY
. a corporaUo~ organ~ieci and exisung unJe~ the lavrs of
St~'~te of Florida . hereinaller callcd ~he murtgagee,
WITIVESSETH, that for divers good and valuable co~siderations, and also in consiJeration of the aggregate sum named in the
promissory note hereinafter describod, the said mortgagor does hereby grant. bargain, sell. alien, ~emise, relase, convey, and cunfirm ~ato
the said mortgagte all tAat certain piece, parcel, ~ tract of land of which the said mortgagor is now seized a~d possrsxd and in acwal
possession, situate in the county of
S t. Lucie and State oi FloriJa, describai as foUows:
Lot 280, Sheraton Plaza, Unit Four, Replat ~
according to the Pl~:t thereof as recor~ied
in Plat Book 16, page 18 af the Public Records
of St. Lucie County, Florida. ~ W ~i
~~a ~
Together :~~ith the following items of property which are located
in and permanent2y instaZled as a part o£ the improvements on ~ i~
said land: d ~ ~ ~ ~
Z 4
RAr;GE: CULIJI~iBUS, MOD~. 34G, SERIAL :~~1.'*tBL1t 43886 ~ m~ g"
ItAtiG~ Ii00D: 2•EIAMI CAREY, 2~iODrL 3730 0~ W~
SPACE HEATER: FORSIARE, iiODEL 465F o° ;
U V = t
The Express enumberation of ti~e foregoing items shall nat be o~-
deemed to limit or restrict the applicabili ty of any other Z ~
Iangua~;e descri b ing ir. benera 2 terms o t her proper ty in ten de d ~ o~ ~
to be covered hereby, ~ o~ "
;>taCe Docuraeaiary Sta~aps affixed to the original note and cancelled.
Toge~her uith all structure, and improvements now arxi hereafter on saiJ land, and fixtures attached therew, and all rents, issues,
procerds. and profits aecruing and to acerue from ,aid premise.. all of which are included w•ithin the (oregoing description anJ the
habendum thereof: afco all gas, steam. rlectric. Mater, and othrr he~ung, ca~king. refrigerating. lighting, plumbing, ventilating, irrigating.
anJ power systems. machinec, appliances. fixtures. and appurtenar?cts, which now are or may hertafter pe~tain ta or be used with, in, or
un said premises, even though they tx Jetaehc~i cx detachable.
TO H.~VE .4ND TO HOLD the same, together Nith aN and singular the tenements, hereditaments and appunenances thereunto
txlonging ur in anyvvi,e appertaining. and the reversion and revenii~n~. remainJer ~x remainders, rents. iscues. and profitx thereof, and
also all the estate. right, tide. interest. homesteati. Jower arxi right of ck~wer, separate estate, possession, claim anJ dem:ind whatsoever. as
Nell in law as in equity, of the wid martgagix in arni to the same. and every part thereof, with the appurtenancn of the.aid nwrtgagor in
anJ to the same, anJ every part and parcel thoreof unto the said mortgagee in fee ~imple.
~ And the mortgagor hereby com~enants aith the mortgagee ihat hc is indefrasihly seited of saiJ IanJ in Fee simple: Ih•rt he ha~ full
power and tawful right to convey the same in fet simple as aforaaid: that it shall be lawful for the mortgagee, at all times peaceably and
quieUy to enter upun, hold. occupy. anci enjoy saiJ land, arxi every part thereuf: that the IanJ is and will remain f~ee from all
encumbrances: that taid mortgagor will make such further atsurances to pro~~e the fee simplt tide to said land in said mortgagee as may he
rcawnahty reyuirecf, and that ~aed murtg:~gur does hereby fully Narrant the title tu wiJ lar?d, and every part ~hereof. anJ will defenJ ihe
wme against the lawful claim~ uf ~II perwns whomsoever_
PKOV IDED .7LWAYS. and these presents are taecuted and dcliverecl upon the following conditions, to wit:
The mongagor agrces to pay the mortgagce, or order, the principai sum of NI:~'ETEEIV THQJSAi~D AIi~ i:0/ 100
Dullan IS 19 ~OQO .00 l. as evidenced by a note of even date herewith. with interest from date at the
rate of seven per centum 1 ~ `f ) per annum on thr unpaid balance
untit paid. The said principal and interest sball be payable at the office of StOC1itOI1 ~ T~Jhatley, Davin Ec COmp~IIy ~
I0~ t~iest Bay Streer, Jac.ksonville, Florida
ur at sucb other place as the holder of the note may designate in writing, in rtwnthly installments of OilE flUi~iDRED T1~lEir'TY-SIX
and 54I100 ~Ilars ~S 126.54 commencing on
the fint Ja~ of DeCembEr • 19]2 . and an the first day of each month thereafter until the principal
~nd interest are fully paiJ, e?ccept that the final payment of pnncipai and interest. if not sooner paid, shall be due and payable on the first
~dy.~r :~ovec~ber; 2C02 .
And shall duly, promptly, and fully perform. discharge, executo, effcct, complete, and comply with anci abido by each and every
the stipulations. agreements, conditions, and covenants of said promissory note anJ of this mortgage, then this mortgage a~xi the estate
hereby crcated shall cease and be null and void.
:~nd thr mo~tgagur furthercorcnants as follows:
L"ihat he w~U pay the indeMecine~s, as hereinl+rfore provide.i. P~ivilegc i~ reserved to pay the debt in whole, cx in an .?mouni equal
tu une or rtwre munthly p•ryments un the principal that are nett due on the nute, un thr fint day of any month prior to maturiry: /'ru~~ide~d,
h.,Ne~er. that written nuti~e uf an intention to r~ercise ~uch privilege iti given at least thirty ~ 301 days prior to prepayment: :?nd. provided
luriber_ that ~n the event the debt is paid in full priur to maturity and at that time it is insured under the provisivn~ of the !Yatiunal
Nuusing Act, he W ill pay to thr ma~tgagee an aJju~teJ premium charge of one per centum f!'". 1 of the origeaa) prirkipal amuunt there~~f,
ercept that no adjusted preRllqRl charge shaU be due or pa~able ~.here papment ~n lu:l is mad~ after the du~ tiat~ ot the j20th
heduled~a imeatand in no ece•nt shall the adjusted premium eace~~1 the ag¢re~tate amount ot premium C~I.'1f~PS WI1Il'II x•outd ha~•e
b<~~•n p.~~ablr if thi~ ~1ort¢a~e had continued to be in.ured until maturit~~, such payment to be appfied b~- the mort~a~¢ee upon its
ub:i~atiun to the ~ecretan o( Nou~in~: and t rban ne~elopment on account o( murtgaRe insurance.
p~~r ~.,V~ rA~~ 1~~ t~~s ABSTRACT TITLECORP, OF FLA D'a'viS
~01 f. 2ND fT, FORT PIERCE, /LORtDA
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