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Home My WebLink About4885 l~.'t'lC7VJ ~ `ER~~ STATE OF FLORIDA ~ ~~11~*~_~~, ~ ~qEa~-pE ~~~y.~,~ This form is used in connection FHA FORM NO 2110 m "`N.~~,p6ie~,~, 1~ ~ with mortgages insured under the R~vls~d Nlorch i97~ 'EQ ~p~t~'`~~E h Nationat Hous,ag qct~sions of t0 RD•' ~~1. S . `~`~s*~,~ ~~~~1~ORTGAGE THIS MORTGAGE, dated the 18t day of Dece~nber . A. D. 19 72 , by and ne~ween EDWARD A. RICHARDSON and CARALYN RIC~iARDSON, his wife , hereinafter called the mortgagor, and STOCltTON, WHATLEY, DAVIN ~ OOMPANY , a corporation organited and existing under the law~s of StBt@ of Florida . hereinafter called tAe mortgagee, WITNESSETH, that tor divers good and valuable considerations, and also i~ consideration of the aggregate sum ~amed in the promissory note hcreinafter described, the said mortgagor doa hereby ~rant, bargain. sell, alien, rcmise, relase. convey, and confirm unto the said mortgagee all that certain piece. parcel, or tract ot land of which the said mortgagor is now soized and posscssed and in actua! possession. situate in the county of St , Lueie and State of Florida, dacribed as fo0ows: I.ot 273, Sheraton Plaza, thnit Four, Replat, according to Che Plat thereof as recorded in Plat Book 16, page , 18 of the Pabllc Records of St. lucie County, Florida. Together With the following items of progerty which are located in and permanently installed as a part of the improvements on said land: RANGE: OOLUMBUS, t~ODSL 34G, SffitIAL NUI~Bffit 52157 RANGE HOOD: MIAMI CARRY, MODEL 3730 SPACE HFATffit, FORSAYRE, MQDII. 465F The express enumberation of the foregoing items shall not be deemed to limit or restrict the applicability of " any other language describing in general terms other property intended to be covered hereby. ; State Docwnentary Stamps affixed to the original note and cance2led. i • f Together with att structures and ~mprovements rww• and hercafter on suid land, and fixwres attached thereto. and all rents, issues. i proceeds. and profits aceruing and to acerue from said premiaes, all of which are included Kithin the foregoing desc~iption and the habendum thereof: alw all gas, steam, electric. water, and other hzating, cooking, refrigerating, lighting, plumbing, ventilatireg, irrigating, ~ ~rx1 pow•er systems. machines, appliances, fixtures, and appurtenancc~s, w•hi.h now are or may hereafter pertain to. or be used veith, in, or ~ un said premises. even though they be detached ix detachable. ~ TO HA~jE AND TO HOLD the same, together with all and singular the trnements, herrditaments and appurtenances thereunto hrlonging or in anyw~se appertaining. and the reversion and re~~ersions. remainder or remainders, rents iuues, and profits thereof, and ; also all the estate. nght. tide, interest, homestead. dou•tr and right of duNer, separate estate, pcnsession. claim and demarxi w•hatscever, as Hel{ in law as in equiry, of the said mortgagor in and to the same. and every part thereof, with the appartenances uf the said mortgagor in and t~ the same, and every part anJ parcel thereof unto the said mortgagee in fee simple. And the mortgagor he~ebp convenants with the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full ; power and lawful right to convey the same in fee simple az aforesaid: that it shall be lawful for the mortgagee, at all umes peaceably and quiedy to entcr upon. hold, occupy, and enjoy said land. and every part thereof; that the land is and will remain free from all encumbran~es: that caid rtwrtgagor N ill make such further assurarkes to pro~•e the fee simple tide to said land in said mortgagee as may be reawnably requirc~i. and that said mortgagor does herebq fulh• warrant the titte to saiJ land, and every part thereof. and will d~fend the ' same -sgainst the lawful claims of al! ptrsons whum~oever. PROV IDED AI_WAti'S, and these presents are executed and delivered upon the following corxlitions, to w•it: The mortgagor a~ea to pay the mortgagee, or order, the principal sum of SEVEi~TTEEN THOUSAND EIGHT HUNDRED Dollars IS 1~ ~80~.00 as ovidenced by a note of even dato herewith, with interest from date at tht rate of aeven per centum f ~ `'c ) per annum on the unpaid balance i ~ until paid. The said principal and interest shall be payabte at the office of Stoekton, ~d~18C2@}?~ Davin bc COIDpBAy~ i i00 West Bay Street, Jacksonvflle, FZorida or at such other place as the holder of the note may designate in w~iting, in monthly installments of One Hundred Eighteen ~ and 55/100 po~lars ~S 118.55 1. commencing on the first day of F8bYtlaYy . 1973 . and on the first day of each month thereafter until the principal ? end interest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on the first aa~~ ~~c January, 2003 . And shall duly, promptly, and fully perform, discharge, execute, efl'tct, comptete, and compfy with and abide by each artd every the stipulations, ageements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby created sha!! ceace and be null and void. ' And the rtx~rtgagor further covenants as follows: 1. That he will pay the indebtecinecs, ac hereinbefore prov~dcd. Privilege is recerved to pay the debt in w•hole. or in an amuunt eyual tu one or rtx~re rrx.nthly paymentti on the principal that are next due on the note. on the firct Jay ot any month prior to mawrity: !'rnrrded. huwever. that written nvlice uf an inttntion to eaercise such privilege gh•en at ieatt thirty 13Qi day~ pn.~r to prtp:~yment; and. prn?•~deJ further, that in the event the deFt is paid in full prior to maturi~y and at that time it ic inwred under the prov~t~ons of tht ~+aUonal Hou+ing Act, he vcill pay t~~ the mortgagee an aJju~ted premium charge uf une per centum 11 1 of the cxiginal pnncipal anwunt thereuf. P~CPPL that no adjusteA prf•rt~ium char¢e shalt be duP or pa}-abt~ ti.h~re pa}~ment ~n tu:l madr aftet the ~fu~ dat~~ oi tnr I201h «hPduled~a vmentand in no ~~~nt~hall the adjusteeipremium eiceedthe aR¢reRate amaunt of prrmium char~t~s Nhich would havc he•en payat,l~- if this )1ortRage ha~i continu~d to be in~ured until maturit~, such pa)'ment to be applied h~~ the mort~age•e upon itc i uhlie.~ti~n to thF ~ecretar~ ot fluu,in¢ and I~rban Development on a~-c~ounc of mort~ra~e insurance. _ ~ THiS WSTP.iJ'dE'iT FRE: %~',E:l pY Welter E. DSV~$ _ ±'~l. '„'"l~ j.~ ABSTRACT & II;LE COSP 0= F; q ; • - ~ 20b 2ND ~T. FOR7 Pi~R..i_. c_:„-;:~.,~ - _ _ ~ - - ~ ~~f-~ , ~ ~ ~v . 'c. . . _ = _ . . _ . _ . _ ' ..~a 'Y