HomeMy WebLinkAbout3750 ~ ~ , ~tll ~ 962151
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STATE OF FLORIOA 24411'~
This fam is used in connection
FHA FORM NO 2110 m with mortgages insured un~er the
R~vls~d Morcl~ 1974, one- to four-family provisions of
the Nationat Nousing Act.
MORTGAGE
THIS D10R7GAGE, dated the 1St day of iZover~ber U• ~9 7z , by and
betw«n ELLIOTT ~i, SUBEF and VZOLA SL~BER, his c~tife ,
hereinaiter caiini the martgagax, anu
STUCICTON, WHATLEY, DAVIid :x CG:sPAi~i
, a caporation organizrd and existing under the laws of
StBte Of r lorida . hereinafter called the mortgagee,
WITI~IESSETH, that for divets gnod and valuable considerations, and also in consid~ratiun of the aggregate cum named in the
promissory noie hereinafter described, the said mortgagor dces hereby grant. bargain, sell, alien, remiu, relau, convey, and cunfirm unto
the said mortgagee all tAat certain piece, parcel, or tract of land oi' which the said morigagor is now seized and pussessed and in actual
possession, situate in the county of
St. Lueie and State of Florida, Jescribed as follawa:
Lot 253, Sheraton ?laza, Unit :our, Replat,
according to the Plat thcreo~ as recorded in
Plat Book 16, page 18 of the Pub?ic Records
of S t. Luc ie County , Ibr~da . ~g~~^
~ ~x~
Together caith the following items of property which ~
are located in and pcrmanently installed as a part ~
of the improvements on said land: ~
~ ~s•• ~
:tA;:GE : COLtTi~fBUS , A10t7EL 34G ~ SERIAL iiU1~IBII: 52136 Q~ \r
I211NGE HOOD: iiIAMI ~AR."Y, 2~iUDEL 3730 ~8 ~ ~ ~
SPACE HL'ATE4'., FC.^~SAII:E, : AJEL 465F ~ ~
' r.
~ ~s=;
The express enumberation of the foregoing items shall i~~„
r.ot be deemed to limit or restrict the applicability 3' ~
of an
y other lan gua~e describin g in general terms other
p
property intended to be covered hereby.
. STlsTL ~CL2.{^::TARY ST?~?~S AFFIX~~ 'TO Tf,E ORiGI;:AL ::OTE Ai.~
CA:~C~LLED.
Together with all structares arxf im~rovemcnts now arxt hereafter un ~aid land, and fixtures attached thereto, and all remc, issues,
procerdc, and profitc accruing and to acerue from ~a~J prrmise~. all of which are included Mithin the foregoing Jescnptiun and thr
haMenJum thereof: al.o all gac. titeam. rlectric. uater. and uther heating, c~x?k~ng, rtfriger:~ting, lighting, plumbing, venlil~ting. irrigaling.
~nd ~xiwer ~}~uems. machines. appliances, fiiturrs, and :?ppurtenances, which now are .x may h~reafter perl~in to, or t.~ used with. ~n. ur
un .aid prrmice+. e~~en though tht}• he detached ~x detachable.
TO HAVF A?~D TO HOI_D the same. togrthrr with all and ~ingular the tenements. hereJitaments and appurtenances thereurtu
helonging ur in am wise appertaining. :~nd the rever~iun and revenions. rema~nder or remaindrrs. rents. istues, anJ profits thereof, and
a~x~ aU the estate. ~igh1. title. inter~t. humeste:~d. duwer atxi right ~~f dnwer. separate rstate, pussession, claim a~xf dem~nd whats~ver, as
wrll in law a~ in eyuity, uf the taid mortgagor in anJ to the same. anJ rvery part thereof, u•ith Ihe appu~tenance. of thr ~a~d rtwrtgagor in
.end to thr wme. and even~ part and parcel thereof unto Ihc taid mortgagee in fee simple.
~~nd the mort~ag~~r- hereby com~rnants with thr mortgagee thal he ~~a~re~.~ni. tcirrd of.aid IanJ i~ fee ~~mple: that he h:+ti full
power and law~ful right to convey the same in fec simple as aforrsaid: that it shall be lawful for the mortgagee, at all times peaceably and
yuird}~ to en~er upon. hoW. ~~ccupy, and enjuy caiJ laad, anJ eve~y part thereof: that the IanJ i. anJ ~ill rcmain (rez from :+II
eneumhrances: that ~aid rrx~rtgagor will maRe s~xh further a+,urancrs to provr thr fee simple tiUe to,aid larxi in .aid murtg~gee as ma} he
r~~~~~nably r~yu~reJ. anJ that .aid rtwrtgagor Jeu~s hereb~ fi~l!} w:irranl thr thle tn taid I:~nJ. anJ e~~rr~ pan thcre~~f. :snd N ill defrnJ the
+amr aga~nst Ihe laNful claim. of all per~um whomxx~rr.
PROV II~ED ALWAl"S, an~-these presents are executcYl and delivered upon the folloW ing cunJitionc. to w~it:
The mortgagor a~ees to pay the mortgagee, or orJer, the principal sum of S~~'ErTEF.,'~I liiQLSAi:D i~IGH'i tiL~.:i7R~ c`.: i:0/1Q0
Dullan ~S 17 ~$QQ.OQ 1. as evidcnced by a note ofeven date hereK~ith, uith intere+t from date at ihe
rate of seven per centum f ; ) per annum on the unpaid balance
until paid. "i he saiJ principal and interest shall t+e payable at the office of S tOC~tOII ~ j~~la tl ey, Davin &(:onpany,
100 i?est Bay Stree~, Jacksonville, ilorida
ur at .uch ~.ther place ac the holder.~f the note may de~ignate in wnting, in rtx~nihly installmrnts af 0:+~ Hlii~llR::D ?:ZGITfEE2i
and 55/100 ~Ilars ~S 113.55 1. commencing u~
the fir.t day uf January •~9 ; 3• and on the fir~t day of each rtxmth thereaRer until the principal
inJ m!erest are fully paid, except that the final payment of principal and ~nterest, if not s.wner paiJ, shall be ~iue anJ payabte on the firat
`i~'~ °f ~ecember, 2002 ~
And shall duly, promptly, and f~(ly perfcxm, dixharge. execute, efTect, complete, and comply with and abide by each and every
the stipulatiorts, agtements, conditions, and covenants of said promissory note arnl of th~s mortgage, then this mortgage anJ the estate
hereby creeted shall cease and be null and voiJ.
~\nJ thr rrwrtgagur further cu~rnantt ac fulluw,:
I. I hat he uill pa~ thr inJehtc~ne,~. a~ hcrrinl+efore pruvideai. 1'rivilege i~ recer~ed iu pay the deht in Khule, or in an am~~unt eyual
tu ..ne or rrx~re m.~nthly pay ment~ un the pnncipal that ar~ neit duc un Ihe n~~te, on .he fir~t day of any manth pri~x ~o matunty: /'r~~ti idrd.
huNtver. th:it Nritten nuticr uf an intenuun a~ exerci~e tiuch pri~ilrge g~ven at lea~t thirt~ i 10? Ja?~ pri~x t~. prepaymenl; c+nd. pnn iJed
iurthrr. that in the rvent th~ Jebt iti pa~J in full priur ti. maturity and -at that time it ic insurcd under the provisiuns of the ~S•rtiunal
H~~utiing ~ct. he will pr~ ti~ ihr m~~rtgager an aJju.ted premium charge of one prr centum ~ 1': 1 of the onginal principai artx~unt thereof.
i•rc rpt that no adju~tcd prrmiurn char~e .hati bF due or pa}abl~ ish~r~• pa}me•nt in tu;l m~dr• a(~cr thc dur ~iatr ot tne• I•,',Oth
h~•dule•dpa ~mcntand in no ~.•e•nt <hall thc .+~ijustedprcmium ~ccec~tthc aR~reRate amount of prrmium char¢t~s v.hi~~h no~~l~i ha~P
b~•~~n Er.+~ablf- i( thi. ~lortea~i• had continu~d to he insured until maturit~~, such paym~nt te br applie•d h~ thP mort~are~ npon it~
~~hiieatiun to th~ ~e•i•rf•tar~ H~~u.inc :m~i i'rh.in Dec~loprr~ent ~,n a~~count af morteage in~urance•.
TH18 1NS'~'T"'ME•1T PP.~'?~t'~ FiN~ Walter E. Davis
S~' AESTFiAC' & T' i;.c COP.?. OF FlA
- 2V5 6. 1tiG SL tORT PIEaGE, lL~RIDA
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