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Home My WebLink About4950 h sT-zi,~Bl ' t • ~ SWD # 962174~ STATE OF FIORIDA ~ ~ This form is used in connection FHA FORM NO 2110 m with mortgages insured under the R•vis~d Mo~ch 1972 One- to fpur•family proviSioRS ot the National Housing Act. MORTGAGE THIS MORTGAGE. daled the lSt day of December . A. D. 19 72 , by and betwren RITrHIB BBLI. ELLYS, a married woman hereinafter called the m~xtgagor, and ~ STOCRrON, WHATLBY, DAVIN ~ COI~ANY , a corporation organized and ex~sUng under ~hc iaws uf Stste of Florida , hereinafter called the mortgagee, WITNESSETN, that for divers good and valuable considerations, and also in consideration of the aggregatt sum namal in ibe Promissory note hereinafte~ describod, the said mortgagor does hereby grant, bargain, sell, alien. nmise, relase, convey, and confirm unto the said mortgaget al! that tertain pitca parcel, or tract of land of wAich the uid mortgagor is now seized and possesxd and in actual possession, situate in the county ot St. Lueie and State of Florida, described as follows: Lot 276, Sheraton Plaza, Unit Four, Replat, according to the Plat thereof as recorded in Plat Book 16, page 18 of the Public Records of St. Lucie County, Florida. Together with the following items of property which 9 are located in and permanently instalZed as a part ,~°~FO~ of the improvements on eaid land: Q~ ~ c '~o`~'~ ~ RANGE: OOLUA~US, MODBL 34G, SffitIAL NUI~BSR 45206 ~ ~~yl' RANGS HOOD: MIAMI CAREY, MODEL 3730 ^~'c,~~, SPACE HBATER: FORSAIRE, MODE1. 465F ~ ~'K'q,'I.f tF~,y~t ~'~r ~i''~?,~;'.~ ~e~, The express enumberation of the foregoing items shall sr ~r jso~~,~~~r not be deemed to limit or restrict the applicabillty of fs~'F~'E3• any other language describing in generel terms other ~b r~! ~r ,~o~, property intended to be covered hereby. ~ State Documentary Stamps affixed to the original note and cancelled. Togeth~r with all structures and improvement, now and hereafter on said land, and fixtures attached thereto, and aU rents, issues, procecds, and profits accruing and to accrur from said premises, aN of whech are included within the foregoing description and the habendum thereof: also all gas, steam, electric. water, and other heating, a~oking, refrigerating, lighting, plumbing, ventilating, irrigating, and pow•er syscems, machines. appliances, fixtures. and appurtennnces, which now are ex may hereafter pertain to, or be used with, in, or on said premises. ~ven though they t?e detached or detachable_ TO HAYE AND TO HOI.D the same, together with all and ~ingular the ~enements. hereditamems and appurtenances thereunto t+elonging or in anywise appertaining, and the reversion and reversions, remainder or remainden, rents. issues, and profits thereof. anJ also all the estate, right, titte, interect, hom~steaJ. dower and right of doNer. separatr es~ate. pixses~~ion, claim a~x1 demarxi whatsoever, as well in law at in equity, of the taid mortgagur in arxl to the same. and every• part thereof, with the appurtenances of the said mongagor in at?d t~ the same. and every part and parcel thereof unto the taid morigagee in fee simpte. ' And the mortgagor hereby com•enants w•ith thr mortgagee tha~ he i~ indefresihly seiced of said land in fre simple: that he hati full power and lawful right to convey the same in fee simple as atoresaid; that it shall be lawful for the mortgagee, at al! times peaceably and quieUy to enter upon. hold. ~cupy. and enjoy said land, and every part thereof: that the Iand is and will remain free from all rncumbrances; that ~aid mortgagor will make such further astiurances to prove the fee simple title to said larni in saiJ mortgagee as may be rrawnably required. and that .aid murtgagur J~ hereby fidly warrant the title tu SaiJ land. and every part thereof, and w•ill drfend the same against the lawful claims of all persons whomwever. PROV IDED ALWAYS. and these presents are exeeutecl and delivered upon the foNowing conditions, to wit: The mortgagor agrees to pay the mortgagee, or order, the principal sum of NIN$TEBN THOUSAND FOUR HIJNDRED 'i fh~llars If 19 404 QO as evidenced by a note of even date herew•ith. w•ith interest from date at the ~ • rate of 8ey~n per centum 1 ] ) per ann~m on the unpaid balance until paid. The said principal and interest shall be payable at the office of $COCICCOA~ Wi18C1~I ~ Davin & Company, 100 ~iest Bay Street, Jacksonville, Florida or at such other place as the holder of the note may designate m wriung, in monthly installments of ONE HUWRED TWEDtTy-NINE and 20/100 Dollars ~S 129. 20 commencing on the first day of Febru8ry - . 19 73 . and on the first day of rach month thereafler unti! the principal and intrrest are fully paid, except that the final payment of pnncipal and interest, if not sooner paid, shall be due anci payable on the first day of January, 2003 • And shall duly, promptly, and fully perform, dixharge, execute, effect, complete, and comply w~ith and abide by each and every the stipulations, ageements, conditions, anJ covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby created sha(I ceace and be nutl and void. :1nd Ihc mortgagor further covcnants as follow.: 1. That he v?ill pay Ihe inJ~htednes+, as hereint+efore pruvideal. Privilege iti reserved to pay the debt in whole, cx in an amount equal a~ une or rrxxe rtx~nthly paymentti on the principal that are nex[ due on the note. on the fint day nf any month prior tu maturity: /'rm•i~lrJ. huwever. that wcitten notice of an intention to exerci~e tiuch privilege i~ given at least thirry i 301 days prior to prepayment: and. provideJ further, that in the event the debt is paid in full prior to maturity and at that time it i~ insured under the provicions of the National Nuusing :~c~. he witl pa} to thr mvrtgagee an aJju+ted premium th.trge utvne per centum I 1 1 nf Ihe anginal principal amount thereof. ^ c~c•ept that no adjusted premium charge tihall be duc or Na}abl~ ~.her~ pa~mcnt ~n lu:l i~ made~ after th~ 4u~ iiat~~ oi tni~ j?Oth s~~hedulyd pa~mentand in ~o ~v~ntshali the adjustedprc•miam eaceedthe a~~re~ate amount of premium charRcs Nhich ..ouid hace be•r-n pa}at~l~~ if thi. tiortRa~tP had continu~d to b~ in.ur~d ontil maturity, such pa}•ment to b~ appli~d b~ thP mortRa~~c upon it~ vbliQatiun to thc~ <i~c~retan ~~f Huu.inR and I rban 1)e~c•lopm~nt on ac•eount o( mortga(r~ insurance~. Fi ,~w k'alter E. Davis j THIS INSTi'UME'+T GRFPARCD BY• -,.?:~t t~L~3 ABSTRAf'T G ~ tTLE CORP OF FLA 205 S. 2iiD SL FOHT F~crt~.i-. F_OR~.~A ~ - - ' - . , . _ . :7 - z _Y . c ~