Loading...
HomeMy WebLinkAbout2964 t: ~ ~ ~ : ~ SWD • 96Z 1lS6 ' STATE OF FLORIDA ;~43595 This fwm is used in connection ,FHA FORM NO 2f 10 m with mortgages insured under the R~vls~d Morch 1972 one- to four-family provisions of the National Housing Act. , MORTGAGE THIS ~tORTGAGE. da~ed the ~at d3Y ~ December .:1• D. 19 72 , by and t?e~wecn MII.DRBD R. WILLIAMS ~ e marrie~ womaa , her~inaRer calteci thc mottgagor, and 3TOCKI~ON ~ WH!?TLBY ~ D~AVIN b~ ~MPANY . a corporation organized and existing under the laN~ of State of Florida , hereinafter called thc mortgagce, WITNESSETH, that [o~ diven good and valuable cortsiderations, and also in consideration of 1he aggregate sum namai in Ihe promissory note hereinafter dexribed, the said mortgagor does hereby grant, 6argain, sell, alien, rcmise, relase, convey, and confirm unto the said mortgagee all that certain piece, parcel, or tract of land of which the said mortgagor is now srized and posussed and in actual possession, situate in the county of St . Lueie anJ Stat~ of Flu~ida, described as follows: Lot 288, Sheraton Plaza, Unit Four, Replat, according to the Plat thereof as recorded in Ylat Book 16, page 18 of the Pu~Lc Records of ~ ~ SC. Lucie Couaty, Florida. ~ Together t+ith the follo~ing items of property o&~ r which are located in and germaneatly iaetalled o $ as a part of t6e improve~ents on said land: ~ y y t N V ~ z a` s' BANGB: COLUMBUS, MDDffi. 34G, S~IAL NUt~B~ 52151 m~~ y RANGB HOOD : MIAMI CABSY , I~i~DSL 37 30 _ Z^ r~ SPACB HBATffit: FO&SAIRB, 1~Dffi. 465F H 4 ~ The express enumberatton of the foregoing items shall ~ o ~ not be deemed to limit or restrict the applicability z ~ of aay other language describing in general terms ~ o j ~ other property intended to be cavered hereby. W aS~a STATS DOCUI~NTARY STAI~S AFFIID3D TO THS ORIGINAI. NOTS AND GNCBI.I.SD. ~ Together with aIl structurrs and improvemena now• aixl hereafter on .aid land, arxi fixtures attacheci thereto. ard a!I reAts, iisues. procecrls. and profits aecraing arxl to acerue from caid premises. all of w•hich are ineluded within the foregoing descriptiun and the habendum thereof: alw a!! gas, steam, electric, water. ~nd other heating. ccwking. refrigerating. Iighling, plumbing, ventilating, irrigating. .ind pow•er system~. machines, appliances_ fixturc~s, anJ appurtenarxes. Nhich now are or may hereafter ~xrt.~in to, ur t+c uced with. in, or un ~aid premi~es, even though they t+e detached or detachable_ TO H.4VE :\VD ~TO HO1.D the wme. together Kith all and cingular the tenements, hereditaments and appurtenances thereunio belonging or ~n an}•wise appertaining. and the revenion and reversions. remairtdrr or remainders, rents, ittiue+, and profits thercof, and also all the estate. rigM_ titlr. interect, homestead, dowrr arxi right i.f dower, separate estale, posseaciun, d~im anJ demand whatwzver. as wetl +n law as in equity, of the saiJ mortgag~x in arxl to Ihe same. anJ every part thereof. with the appurtenanctc of the saiJ rtxxtgagor in anJ to the same, anJ every part and parcel thereof unto Ihe said mcxtgagee in fee simple. And the murtgaFor herehy com•enants Mith the mortgagre that he is indefeasihly seir.ed uf said land in fee ,imple: that he ha~ full power and lawiu! right to convey the same in fee simple as aforesaid: that it shall be lawful for the mortgagee, at all times peaceably and quietty to enter upim. hold. occupy, and enjuy wiJ Ia~J. arxi every p:~rt thereof; that the {arn1 is anJ will rcmain frer frum atl rncumbrances: that ~aiJ nx~rtgagor w i{I makc cuch further aasur~r?ce~ tv priive the fee simple title to ~aid larni in said morlgagee as mny br re:~wnably reyuireJ. ~nJ that ~aiJ rtwrtgaga~r durs hereby full~ ~arrsnt the title ta ~aid land, anJ e~~ery p~rt therruf, and ~ill dcfenJ the ,ame against the taNful claim~ uf all perwn+ Mhumx~eve~. PROV IDFD ALWAI'S. and these presents are executetii and delivered upon the following conditions. to N it: The mortgagor agrces to pay the mongagee, or order, the principal sum of SSVENTEIId T130USAND FIVB HUNDxED ~ FIFTY Dutlars IS 17 ~SSD.~Q as evidenced by a nute of even date herewith, wiih interest from date at the rate af seven per centum l ~ `c 1 per annum on the unpaid balance unti! paid. The said principal and interest shall t+e payable at the office of StOCIC~OA~ T~ihatley, Davin ~~:Of~gDy/~ 100 West Bay Street, Jacksoaville, Florida ur at ~uch other place as the holder of the note may designate in writing, in monthly installments of Qpj$ ~~$D $jjQ'$$jrj AND 88/100 DollarslS 11G.88 ?.commencingon the first day of J8At181'S1 r • 19~'3 . and on the first day of each month thrreafter unlil the priocipal :+nJ interest are fully paid, except that the final payment of principal and irtteresi, if not scwner paid, shall be due and payable un the first ~~y' ~f December, 2002 - And shalt duly, promptly, and fully perform. dixharge, execute, effect, complete, and comply with and abide by each anJ every the stipulations, agreements, conditions, and covenants of said promissory note anci of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. .-ind the rtwrtgagur furthe~ cotienants a~ folluNS: 1. That he will pay thr indebte~iness, ati hereinbefiire pro~~ideci. Pri~~ilege i+ re~cr~ed to pay the Jeht in whole, ur i~ an amuunl cqual tu one or rtwre rtx~nthly paymenu on ihe principal ihat are ne~t Jue on the nate. ~in ihe fir.t day of any mon~h prior to maturity~ P~~~~'ided. huNt~er, that .?ritten nutice of an intentiun to exercise such privilege iti given at le:~st thirty t 301 Ja}s priix tu prepay mrnt: .inJ. pruvidrd , lurther, tbat in the event the debt iti paid in full prior tu maturity and at that time it is insured under the pmvi~iom of thc ~i;,tiunal Nou+ing :~ct, he w ili pa~ to ihe mortgagee an adju~ted premium charge of une per ceowm 11 ) of the original pnncipal arm~unt thereof. et~ePt that nv adjosted prrmium charR~ shall be due or pa}able uhcre pacment ~n tu:l ~s mad~• after thc• duF ~iate~ u1 tiie~ 1^_Oth se h~duted pay:nentand in no ~~rnt ~hall the adjusted prrmium ezceed thc aFere~ate amount ot premium i har~rs Nhi~•h ..ould have t~c~n ~}~.iblr if thi~ ~1ort~a~c 6ad continue~d to be insurFd unti) rtiaturit}-, s~1c pavment to be appliPd b~• the mort~ag~P upon it~ ot+l+~atiurt to the ~e-cretar~~ of il~~u.ing an~3 I~rban I)e~elop~nent on account ot mortga~te insurancF. ~~s nas~rnuMn~rr weEr~aeo ev: ~JU G.V~ ,t~9~ Welter_ E, _Devis RI " Y. e'A1 ABSTRACT & TITLE CORP. OF FLA. 20s i. iNC !T. iORT r1ERGE. fLORIDA ~ _ , . ~ ~ , ~ ~ ~ ~ ~ x` ~'s~--z~.'k.~-`~,~r 'n.-~ ~ . ~...'S~€-'~ ~..u .~°`,.y.. _ < . ~\•c~"~ x::K= _~'""~:5~