HomeMy WebLinkAbout5861 ST-22,0~9
~~rJb~~ SiiD No. 9¢286~
SYATE OF FLORIOA This form is used in connection
FHA FORM NO Z110 m with mortgages insured under the
Revised May 1971 one- to four-tamily provisions of
the National Housing Act.
MORTGAGE
THIS 1110RTGAGE, datrd the 18t J•ry of Decewber Q. 19 ~2. , by and
t~etwean ~QL FAY ADRINS ~ S 8ingle ~1~u8~1 •
here~nafter callctl the murtgagor, anJ
STOCKTOTI, WHATLEY, DAVIN 6 OOI~ANY
. a corporation organ~zeJ and rxisting under thr laws of'
StBt@ Of F10r1dA hereinafter called the m~xtgagee,
WIl'NESSETH, that for diven g~x1 anJ veluable cunsidrr~tic~ro, and alw in consiJrration of Ihe aggreg;~te wm namctil in the
promissory note hereinafter describecl, the said mortgagor does hereby grant, bargain, sell, alien, remise, relase, convey, and confirm unto
the said rtwrtgagee al) that certain piece, parcel, or tract of larxl of N•hich the said mortgagor is now seized and pos,essed anJ in actual
possessiun, situate in the cuunry of $t. Lueie
and State of Florida, described as follows:
I.ot 268, SRERATON PLAZA UNIT FOUR REPLAT,
accordiag to the Plat thereof as recorded
in Plat Book 16, page 18 of the Public Records g~~
of St. Lucie County, Florida. ~ o~
~yM
Together irith the following items of property ~ o
vhich are located in and permanently installed ~ ~
~ _,3
as a part of the impravements on said land. y y ~~C
R A
N G
E: O O
L U
l~ U
S, I~ D
E
L 3 4 G, S E R
I A
L N U
t~
B E R 5 2 1 3 9
RANGE HOOD: MIAtII CAREY, MDDEI. 3730 v=~
SPACE HEATER: FORSAIRE, I~IDDEL 465F ~
The ress eanuoberation of the fore oin items Z
~P $ $ ~ ~
shall not be deemed to limit or restrict the o
applicability of any other language describing
~ in general terms other property intended to be ~
i covered hereby.
.
~
E
i -
~ State Documentarq Stamps affi~c~ed to the original note
aad eancelled.
` Together with all structurn anJ ~mprovemeot~ now arxi hereafter on saiJ land, and fixtures attached th~rew, anJ all rents, issues.
~ proceeds, and profits accruing ~nd tu accrue frum wid premi~e~, all of which are included within the foregoing description anJ [he
: habendum thrrei~f: also all Fas..team, rlctitric, Mater, and other hrating, a~uking. refrigerating, lighting, plumbing, ventilating. irrigating,
~ atxl power sytitertts, machines, appliance., fi±~tures. anJ appurienanc~y, W hich nuw are ur may herrafter pertain to. or bc used Nith, in, or
c
~ un ssiJ premises, even though they be det~chrJ or detach:?ble.
~ ~O HAVE A~lD ~~O HOI.D thr +~me, tugether Hith all anJ ,ingular thc tenrmentti, hereditaments and appurtenanc~s thereuntu
~ tKlonging or in anywise appcrtaining, ~nJ the rever,iun anJ rcver~iun., remainder or remainden, rcnt~, is,uc~, and prufiti thereof, anJ
~ alw all the eslatr. nght. tiUe, inter~t, h~~mc~+teaJ, duwer anJ right of Juwer, separate estate. p.ntietision, claim and dem:ind whatsuever, as
~ well in IaN ati in uit uf the .:~iJ mort a ur in arxl tu the wme, anJ ever ~ art thereuf, with thr a urten:~nce~ of the +aiJ rtx~rt a•or in
~ ~9 Y• 8 8 ~ P" PP 8' 6
anJ to thr same, anJ every part anJ pareel thereof unw the »iJ murtgager in fec simple.
And the mortgagor h~reb~ rumrnanh whh the murtg:,gce that he i~ indefratiihl} ~eir.ed ot ,aiJ land in fee ~~mplr: that hr ha. full
~ power and lawful right to convey the same in fee simple as aforesaid: that it shall be lawful for the mortgagee, at all times peaceably and
' quieUy tu enter upon, hu1J. .x:cupy, and enjuy ti:+iJ land, and every part thereuf: that the IanJ u anJ ~ill remain free trom all
~ encumbrances; that said nwrtgagor wili make ~iKh furthcr x~,urancc~ tu pruve the (ee ,~mple tiUe to ~aid larxl in w~J mortgagee as may be
~ rcasonably reyuireJ. and that ~a~d murtgagur due~ herehy fully Harr.int ~he title t~~ caiJ IanJ. and r~~ery p:~rt therc~~f. anJ will defenJ the
~ ,ame against the lawful claimc of all perwn~ whumx~ever.
n~ PROYIDED ALWAYS, and these pres~nts are executed anJ Jelivered upon the following corxiitions, to ait:
- The mortgagor agrees to pay the mortgagee, or crder, the principal sum of SIICl'EEN THOUSAND TWO HUNDRED AND NO/100---++
~ Dollars IS1(~ ~2~0.0~ as evidenced by a nate of even date herewith, w~ith interest from date at the
_
rate of seven per cenwm 1 'j ) per annum on the unpaid balance
un~il paid. The said principal and interect sh:~ll be payable at the ~~ffice of $tOCiCCOA ~ I~l8C1Cy, Davin be COIDpBAjI
_ 100 ~1est Bay Street Jacksonville, Florida
~ ur at such other plxe as the hulder of the note may detiignate in writing, in rrwnthly installments of ONE BUNDRED SEVEN AND NO/IQO
:
~_~~..~~~___~~__~.,Dollars ~S 107.89 commencing on
_ the first Jay of gebrugry . 19 73 , and nn the first day of each month thereafter until Ihe princ~pal
~nJ intereu ~re fully paiJ, etcepi that the final payment uf principal and ~nterr.t, ~f not siwner paid, shall t~e due and payable on the first
~,s~ ~~f Jaauary, 2003. ~
~ .~nd tihall duly, prompdy, and fully perfcxm, dischazge, execute, effect, complete, and comply with and abide by each and every
the ~tipulations, agreements, condition., and covenants of said promiiwry note and of this mortgage, then this mortgege and the estate
hereby created shalf cease and be null and void.
- :\nJ thc mortgagor further covenant~ at follows
- I. fhat he will pay the indcMeJnetiti. as herrinbefore pruviJerl. Privilegc iti reservrJ to pay the debt ~n whule. or in an amuunt equal
tu one ur rtx~re rtxmthly paymcnts on ~he pnncipal Ihal are next due on the notr, on thr firct day of any month prior to maturity: /'rnri~led.
huwever, that wrilten notice of an intentiun ta exe~cisc such privilrgr iti given at lea~1 thirty 1301 d-ay~ prior t~~ prepayment: ~nJ. proviJed
further. that in the event the debt i. paiJ in full prior to malurity and at that time it ic insured under the provisiont of ~he i~falional
_ Huusing Act, he w ill pay to thr mortgagee an adju~ted premium charge uf ~~ne per centum ! 1~: 1 of the cxiginal prirx~pal amount thereof.
exeept thal in no event +hall the .~Jju~ted p~cmium exrerJ the aggreg~~e :+muunl of premium chargec wh~ch w~iulJ havr txen payable if the
mortgage had continued to be imureJ until matunty; ~uch payment to be applieJ by the mortgagee upon its obllQa{j te1~ t~.Se~B~y$ f
'z Nousing and Urban Development on account of mortgage insurance. W 1 _
1'H1S INSTRUI~RE~T PRTITLE C~1RP O~ FLA
U K~ 285~ ABSTRA~T i:~
~ booK ZU9 PAcF 2„5 5. sT tOttT P~E~CE. FLOR.~,
~ ~ ~