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HomeMy WebLinkAbout3759 ~~~4122 . STATE OF FLORIOA This form is used in connection FHA FORM NO 2110 n~ with mortgages insured under the R~vis~d March 1972 one- to fou~-family p~ovisior~s of the National Housing Act. MORTGAGE THIS ~tORTGAGE, dated tha 1$t daY or December . A. D. 19 ~2 , by and t?eiween ARTHUR JOHNSON~ JR. end MILDRED JOHNSON~ h1s taife , ~___:_.,n.~,.sn.~.i ~h~ ~,nr~Qaeor, and STOCKTON. WHATLSY, DAVIN b~ OUMPANY - , a corporation organizeci and existing und~r the laws af 9att of Flori da , hereinafter called the mortgagee, W ITNESSETH, that for divers good and valuable co~?siderations, a~xi also in consideration of the aggrcgale sum namni in 1he promissory note hereinafter described, the said mortgagor does hereby grant, bargain, sell, alien, remist, relase, convey, and confirm uato the said mortgagee all that certain pier.e, parcel, or tract of land of which !he said mortgagor is now seizeJ and posacssed and in actual possession, situate in the county of St. Lueie and State of Flo~ida, describai as [olluws: A OU~ 'F ~ Lot 281, Sheraton Plaza, Unit Four, Replat -~'~yc},_ ~ . according to the Plat thereof as recorded in Q~ rros~ ~ Plat Book 16, page 18 of the Public Recards "~f ~~,yja~ af ~t. Luci~ ~custy~ F1Q~ida. , ~F'~'~?~ ~ t~ , ~G~?r ~/l~~ .I .1 ,.r'~l _ Together With the following items of property • wt v~, ~F , Which are located in and permanently installed ~ %~~F ~ k~~ ~rF~ as a part of the im~rov~aeAts oa said land: ` . ~ ' BANGE: COLUI~US, I~Dffi. 34G, SffitUL NUMBER 52145 t RANGB HOOD: MIA1~I C1~REY, i~.1DRL 3730 SPACB HSATBR: FORSAIRB, ApDffi. 465F The express enumberation o~ the foregoing itema shall not be deemed to limit or restrict the applicability of any other la~guage describing in general terms other property intended to be covered hereby. State Documentary Stamps affixed to the oziginal note and cancelled. Together with all ~tructureti and improvements nuN and hereafter on .aid IanJ, and fixtures auacheYi thereW, and aU rents, i~sues. proceeeic, and profitt accruing anJ to xerue fmm ~aKi prrmises, all of which are ineluded within the foreguing descriptiun and thr hat*endum thereaf: alco al! ga~. steam. electric. water, and other heaung, ca~king. refngerati~g, lighting. plumbing. ventilating, irrigating. arxi power syctem~. maehines. appliancec, fixturec. and :~ppurtenarx~~. Nhich nuw :~re or may hereafte~ ~?ertain to, or t?e uuJ Kith. in. or ~~n wiJ premise~. even though they be detach~i or detachabte. Tn HAVF .Al~D ~~O HO1.D the v?mr. together Nith ~II anJ ~ingul~r the tenements, hereditaments and appurtrnances th~reuntu hrlunging or in anywi,e 3ppertaining, and ihe reveniun and reversions. remainder or remainders, reut:. issu~s, and profits thereof, anJ .?Ico all the estate. right, tiUe, interett. homestead, Joaer anci righi of J~Hrr. ~eparale e+tate. pusse~sion. claim anJ demanJ ~hatwever, as ~ ~el! in la~~ ac in equity. of the wiJ mortgagor in and to the same. and every part thereof, with the :~ppurtenanca~ of the sa~d tnorleagor in ,+nd tu the wme, and every part and pareel thereof unto the s;?id mortg~gee in fee Simple_ :\nd thr mortgagor hrreby comenant~ aith thr mortg.igee that he ic indrfeatiihly seired of said Iand in fee .implr; ~hat he ha, full power arx! lawfui right to convey the same in fee simple as aforesaiJ: that it shall be law~ful for the mortgagee, at all timcs peaceably and ` yuieUy to enter u~x~n. huW. ~xcupy, and enjoy +:~iJ land, anJ every part thereof: tha~ the IanJ i~ ~nJ will rem:+in free Prom all ~ ~n~umbrance~: that ,aid rr~rtgagur Ki11 mal;e such further a+tiur:+ncc~ fo pru~~r thr fet ~imple title to,aid larxl in wi~ murtg:~gc~ at may he ; rr~.i~n.:hly requireJ. and that .aiJ rtx>rlgagur J~ herch} fulh w:~rrant the htle tu ~a~J land. anJ r~er} part thrreof. and w ill defend thr ,amc ag:umt thr IaNful claim~ of a!I ~xrwnc whum~~xvcr. F f'ROVIDED AI.WAI'S. and these presents are executrJ and delivered u{wn the fullowing conJitions. to wit: ( The mortgagor agrees to pay the mortgagee, or order, the pr+ncipal sum of EIGNPEEN TI~USAND SEVSN HUNDRED Dollar+ i5 j$ ~]~Q.~~ ~s evidenced by a?x~te of even d~te herew•ith, with interest from Jate at the ratr uf 8eYe~ per centum 1 ~ `Vi ) per annum on the unpaid balance unt~l pa~d. The said principal and interes~ shall be payable at ~he office of SCOCiCtOA~ Whatley, Davin be CO~SAy1 ; 100 West Bay Street, Jacksonville, Florida ; or at .uch other place as the hoWer of the note may designate in writing. in nwnthly installments of One Hundred 1~renty-Four and 54/100 ~Ilar~ t5 124.54 commencing on the fint Ja} of JaL1L181'y1 . 19 ]3 , and on the first day of rach rtM~nth therc~fter until the principal snd ~mcreu are fully paiJ. e~cept that the finai payment uf pnrnipa! and ~ntrrest, if nut xwner ps~J, shall be due anJ pay~ble on the first _ ~~f December, 2002 • And shall duly, promptly, and fully perform, dixharge, execute. effect, complete, and comply with and abide by each an3 every the stipulations, agreements. conditions, and covenant+ of ~a~d promissory note and of this mortgage, then this mortgage anef the estate t hereby created shall cease and be null and void. :\nd ihc m~,rtgagur further cuvenant. a~ fullu~+~: - L fh:+~ he will pa} the indehtedne~+, a. hereinhefurr pru~idc~1. Pri.•ilege ic retier~eJ to pay lhe Jeht ~n whutr. or an :?muunt eyua! tu unr ur more nwnthly payment+.~n the pnncipal that are nett dur ~~n the nute. ~~n Ihr first day~ of any munth prior Io maturity: /'nn•+d~~d. huwerrr, th:~t .?ntten notice uf an int~ntion tu eterci.e .uch privilrge gi~en at Iract thirty ~ 301 Sa~~ prinr tu prepayment: and_ prucidaJ t further. that in thc event the deM i+ p:~id in full priur to matunt} and at that ume it ic in~ured under thr pruvi.iun~ ~~f thz `~tiun~l ! Huutiing :\ct. he ~i11 pay ti~ ~he murtgagee an aJju.teJ prcmium ch:uge uf one per crntum I 1 ~~~t the original prirkip~l artx~unt therei~f. : c~Y~.~Nt that no adjuste~d prrmiurn charr<~ ~haU b~• ~iue or E~:~~abl~~ t~he•rr pa~m~~nt ~n fu:l ma~t~ after th~ ~tt;~ ~tate• ni tne i'.'.Oth ` h~d:l~•d pa.mrntand in no ~~~•nt.i~al! thc adjustFdpr~mium FCl'CP~lthc a~~rcFat~ amount u( prcmium ~harQ~•~ ~hic~h Koold havc ` Lr~n p.+~al~lr i( thi~ 1lortea~r had cohtinu~d to bF in~urrd until maturitc, .uch p:icmrnt to be applied b~• thc mortgaR~F upon it~ uhli~ation to th~ ~P~ n•t:~n of Hnu.in¢ and I ~ban I)c~c~lopment on ~ount ut mutt~+a€e insutancF. . . ~ ~ TF115 ~~~?TRUN.E4T F~ ~O~iF~'D WA~ f PT ~ nAV~S - r AE35TRA!':T &-tl ~ LC CO"'.r'- ~?F FLA. 2a~ S. 2?HD ST. FORT PIERCE. FWRfDA ~ - -~x~.n ~ ~ ~ ~ r _ - :'~v°.,~