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HomeMy WebLinkAbout4871 . ~ ~ SS~D # 962183 STATE OF FlOR10A p?y This fam is used i~ connection FHA FORM NO 2110 m ~`~~7 with mortgages insured under the tt•Yta•d ?r~or~h t97Z one- to four-family provisions of ihe Nationa! Nousing Act. . MORTGAGE THIS MORTGAGE, datcd the 18t day of December . A. D. !9 7Z , by and ~~WCe~ MACK JONSS, JR. and BSTTY GFAN JONES, his wife . hereinafter caQed the mortgagor, and 3TOCI~fON, WHATLSY, UAVIN 6 COI~ANY . a corporation organized and existing under the laws af Stette of Flqrida , hcreinafter callod the mortgagee, WITNESSETN, that for divers good and valuable considerations, a~ also in considtration of the aggregate sum namod in the promissory note hereinatter dexriDed. the said mortgagor does hercby grant, bargain, sell. alien. remise, retase, convey, and confirm unto the said mongagee all that certain piece, parcel, or tract of Iand ot wAich tAe said mo~tgagor is now seized and possessed and in actual possession, situatc in thc county ot St . Lucie and State of Florida, dacribod as follows: Lot 285, Sheraton Plaza, Unit Fo~, Replat, according Co the Plat thereof as recorded in Plat Book 16, page 18 of the Public Records of St. Lucie County, Florida. ` ~w ~ Together with the following items of property ~o ~ a ~ which are located in and permanentZy installed ~=a ~ as a pert of the improvements on said land: < w ~ 4~' ~ THE RANGE: COLUt~US, IYIODEL 34G, SERIAL NUMBER 43824 RANGE HOOD: MIAMI CAREY, MQDffi. 3730 b~;~ SPACB HBATffit: FORSAIRE, MDDffi. 465F , ~ ~ The express enumberation of the foregoing items y ~ shall not be deemed to limit or restrict the p~° applicability of any other language describing o cs V ~ in general terms otfer property intended to be W ~ ~ ~ cavered hereby. o~ State Documentary Stamps affixed to the original note and cancelled. Tognher with all structures and improvements now and hercafter on said land, and fiztures attached thereto, and all rents. issues. proceeds. and profits accruing and to accrue from taid premisrs, all of which are included within the foregoing d~scription and the habendum thereof: afso all gas. steam, etectric, water, and other heating, couking, refrigerating, lighting, plumbing, ventilating, irrigating, and pox~er systems. machines. appliances. fixtures. a~d appurtenxnces, which now are ~x may hereaRer penain to, or be used with, in, or on said premises, even though they be Jetached or detachablc. TO HAVE AND TO HOI.D the sarrce. together with al! and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining, anJ the reversiun and reversions. remainder or remainders, rents, issues, and pro6ts thereof, and also all the estate, right, title, interest, homestead, dower arxl right of Jower, separate cstata possessiun, claim and demanc! whatwever, as well in law as in equity. of the said mortgagor in and to the same, and every pan thereof, with the appurtenances of the said mortgagor in enJ to the same. arxi every part arxi parcel thereof unto the said mortgagee in fee simple. i And the mortgagor hereby comenantc with the mortgagee that he is inJefea+ibly seited of saiJ land in fee simpje: that he has full power and lawful right to convey thc same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and yuietly to enter upon. ho1J, occupy, ~nJ enjoy said land. arxf every parl thereof; that the larnt is and will remain free from aIl encumbrancec: that ,aid mortgagor will make sueh further a~zurances to prove thr fce simple tide to said land en said mortgagee as may be ! reasonably required, anJ that said rrwrigagvr di~ hereby full}• warrant the title to said land, and rvery part Ihereof, and N i11 defend the kime ~gain+t the ~aNiul claime of all perwns Nhumwe~'er. PROV IDED AI.WAYS, and these presents are executeJ and delivered upon the following conditions, to wit: E The mongagor aBccs to pay the mortgagee, or order, the principal sum of SEVENTEEN THOUSAND FIVE HUNDRED FIFTY Dollars IS 17s55~.4~ a~ evidenced by a note of even datt herewith, wiih interest from date at the rate of SeV@A per cenwm 1 7 rr) per annum on the unpaid balance until paid. i~he said principal and interest shall be payable at the office of SCOCiCtOA~ Wt18t1@y~ Davin b~ Company, 100 West Bay Street, Jacksonville, Florida • ur at ,ucb other place as the holder of the note may designate in writing, in rrwnthly installments of ONE HUNDRED STXTEEN ' AND 88/100 Dollar~ (S 116.88 1. commencing on ~ the first day of FebYUBY'y . ~9 73 . and on the first day of each nx~nth thereafter untit the principal ` and interest are fully paid, eacept that the final payment af principal and interest, if not sooner paid, st~all be due and payabie on the first aay ~,f January, 2003 . ' And shall duly, promptly, and fully pe~form, dixharge. eaecute, eflect, complete, and comply with and abide by each and every ~ the stipulatiuns, agreements. conditions, and covcnants of said promissory note and of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. i :\nJ the mortgagur further covenants as followti: l. That he will pay the inJebtednesc, as hereint+cfore pro~idecl. Pri~ilcge i~ reserved to pay the Jeb~ in whnle, or m an amuunt equal to une or more rrWnthly paymentti un the principal that are ne~t due on the notc. on Ihe first day of aay month prio~ to maturiry: lru~~lded, j h~iwever, that wriuen nutice vf an inttntian to exercise wch privilege ~ti g~vrn a~ Irast th~rty 130) Jay+pn~x to prepaymenl; anJ. proviJeJ further, th~t in thc event the debt is paid in full priur ti~ ma~urrt} and at that ume it i~ insured under lhe provi~ii~nc of ~he \:stional Huusing Act, he will pay~ to the murtgager an adju.ted premium charge of une per centum ~ 1 1 of Ihe original principal amount thereaf. ~rcc~pt that no adjusted prrmiurn char~e ~ha!! be dur or pa}ablF s.h~•re pa~m~~nt ~n tu:l ~s maAe after thF du~~ dati~ ui the 1'~Oth h~duledj~a ~mrnt and in no ~~•~nt shaii the adju.ted premium exce~d th~ a~greRate amount o( premiom charRes Nhich would ha~e be~n payablr i( thi~ ~tortRa~~ had continued to b~ invured until maturit~, such pa~ment to bF applied bc the mortRa~re upon its ~~bli~ation to th~ tetar~ of Hnu~ing artd I rLan !)r.~lop,nrnt on arrount o( mort~agc insuranc~. Tr+~e INgTRUMENT PaFP,RFn ev- F1a~tc E. Davis ~j~1~r2U9 ~,.~~,~(~A ABSTRACT & TITL.~ CGRP OF FLA. . I.. `7 Z 2U5 S. ST FORT P~ERGE. FLOR~DA ~ ~ _ ~ ~ , s ~ __.`~a.~;;., . 5. _ ~ - ~-i ~ _ , : _ . . . r.~r.~-~''~'~2~'