HomeMy WebLinkAbout5867 ST-22,028 .
SGiD No. 962879 ,
STATE OF FLORIOA ~45613 This form is used in co~nection
FHA FORM NO 2110 m with mortgages i~sured under the
Revised May 1971 one- to four-family provisions ot
the National Housing Act.
MORTGAGF
"fHIS MORI~GAf:E. a:,~~i ~no lst °f Decen~ber n. 19 72 . by anJ
bzcwe~n gjjgpS FRANKLIN~ JR. and KAREN ANNE FRANKLIN~ h18 vife ~
hereinuftrr ~alleJ the mixtgagur, anJ
STOCRTON, 1~iHATLEY, DAVIN b COI~ANY
, a corporatiun organizrd anJ cxi~ting under thr lawa of
StSt@ of Florida, hercinafter called the mortgagee,
WITIYESSFTH, that for Jivers g~x1 ~nd valuable cunsiderationc, arxf also in consideration of the aggregate .um n~mctil in the
promiawry• nute hereinafter deuribed, the saiJ rtwrtgag.~r d~ hereby grant, bargain, s~ll, alien, remise, relax, convey, and cunfirm unw
~he saiJ rtx?rtgagre all that certain piece, parcel, or tract of la~xi of which the said rtwrtgagor is now srizrd anJ poa,e+.ed and in acwal
posseuion, situate in Ihe county of St. Lueie
anei State of Florida, dexribed as follows: pr„~„_
~~t/Y~
Lot 326 SHERATON PLAZA UNIT FQUR REPLAT G
accordin to the Plat thereof as recorded T~ ~~~T'~t ~M P~?7~ r
in Plat Book 16, page 18 of the Public ~~Ir ~~~3t, ~~h
Records of St. Lucie County, Florida. ~uq~ R~ts ~9j1 n;
SI, ~ ,r-~
Together with the folloving items of property F[1 ~
vhich are located in and permanentlq inatalled
aa a pert of the improvements on said land.
RANGE : CALU!ffiUS , MODEL 34G, SERIAL NUI~ER 52138
RANGE HOOD: MIAMI CAREY, MODEL 3730
SPACE AEATER: FORSAIRE, NODEL 465F
The express enumberation of ~he foregoing items ahall
not be deemed to limit or reatrict the applicabilitq
of any other language describing in general terms
other property intended to be cavered hereby.
State Documentarq Stamps affixed to the original
note and cancelled. ~
i
` Together w~th all strucwres arxl ~mpravements now and hereafter on said land, and fixtures attachrd thereto, and all rent,, iisues.
' proceeds, and pri?fits accruing ~nd to accrue frum wid premises, all of which are included ~~ithin the foreg~~ing desc.riptiun anJ the
habendum thereuf: alw all gati. ~team. electric. Nater, and u~her hea~ing. ~~x~ling, refrigrrating, lighting. plumbing. ventilating. irrigating.
~ and puwer ,p~tems, machine,, appli:~ncrti, fi~wrel, and appurtenance.. which nuw are ur m~} hereaftcr pertain tu. or he u.ed uith, in. or
s on ~aiJ premix.. rven thuugh the~ be ~ictacheJ ur detachable.
~ TO H.-iVE ~\'~D fO HOI.D the ~amr. tugclher with ~II anJ ti~ngular the tencment~, hrr~ditamrnh and appurten~ncrs therruntu
% txlonging ur in anywi,c appertsining, and thc rev~niun ~nJ rever~iunti. rem~ind~r ur remainden, rent~. i~we,. and profits thereuf, and
~ alw ail the e~tate. right. tiUe. interc~l, humc~te~J. Jowrr arxl right uf dower, separate est~te, pe»se~+iua..laim and demand ~hauurcer, s~
` well in law a, in eyuity. uf thr .aid mc>rtgabur in and to thr ~ame. and evrr} part thereof, with the appurtenancer of the ,aid murtgagur in
~ anJ to ~he .:+me. anJ every part anJ parcel therruf unto the wiJ murtgagre in fet ~implr. -
~ And thc rrk~rtgagur herrby ~onvtnantti wilh thr mortgagce that hr i~ indefea~ihl~ tieiird of .aiJ land in fee simple: that hr ha~ full
power and lawful right to cunvey the same in fee simple as aforesaiJ; that it shall be law~ful for the mortgagee, at all times peaceably and
m yuieUy to enter upun. hulJ, ~xcupy. and en~oy wid IanJ. and e~~cry part thereuf: that the IanJ iti and will remain frec from all
~ encumbrancr~: that ~aid mortgagur will makc tiuch furiher a+~uranie. lo pro~~e the fee tiimple tiUe to .aid larxl in ~aiJ murtgagee as may bc
~ re~~~~nahly ~ryuireJ, and that ,aid nx~rtgagur J~x~ hereby fulh warr.~m Ihe titlr tn ti:ud land, and ever~ part thereuL ~nJ will ~iefend the
~ wmc agaimt the lawful claim, uf all perxim whomu~e~•er.
PKOV II)~D AI.~YAYS, and these present, are executeYl and delivered upon the following condiuum, tu wit:
~ Thc mortgagor agrees to pay the mortgagee, or order, the princ~pal sum of SIRTEEN THOUSAND FOUR NUNDRED AND NO/100
F Dollan ~s16,400.0~ 1. as eviJenced by a note ~f e~~en date herewith, with interest from date at the
= rate uf 8@VeA per centum 1 ~ ~i~ ) prr annum on the unpaid balance
- until paid. ~hr tiaid principal and mterest shall be payable at the office of ~OCj('rQp ~ Fjj]ATj,~ ~ DAVIN 6 COA~P~Y
~ 100 West Bay Street~ Jacksonville, Plorida
ur at ~iech other placr •rs the holder of the note may designate in writing, in monthly installments of ONE HtJNDRED NINE AND 22/100
; Dollar~ IS 109 .22 1. commencing on
i:~ ~he fir.t Jay of February . 19 73 . and ~:n the first day of each mimth thereafter until the principal
enJ ~ntcrrtit :~re (utly paid, eaccpt that thc final pa~ment uf pnrkipal anJ ~nterest, if not sooner paiJ, shall be due anJ payahle un the fint
ddy .,f Januarq, 2003. •
- And shall July, promptly, and fully perfwm, dicchargc, execute, effect, completc, and comply with and abide by each and every
the supulaUons, agreements, conditions, and e~venants of said promiwsory note arxi of this mcxtgage, then this mortgage ancl the estate
hereby created shall cease and tx null and void.
~nJ the rrxxtgagor further cuvtnant. as follow~:
I. I h.~t he will pay thc ~ndebteJne~ti, as hereintxfore providetl. Privilege iti rc~erveJ tu pay the deM in whule. ur in an amuunt eyual
tu ~~nr ur mure rtx~nthly paymen~~ on the principal that are next Jue on the nute. un Ihr fint Jay uf any moMh prior to matunty: %
r~~ti~idrJ,
~ huwever. Ihat ..nlten notice of an intcnt~on to exercisc such privilrge i~ given at Iratit thirty i?0? dayti priur tu prepa)'mcnt; anJ. pro~ided
= further. that in thr event the Jebt is pa~d in full prior to maturity anJ al that hme it ic inwred under thc pruvisiuns of the I~•rtiunal
_ Housing Act. he will pay to the mi~r~gagee an adu~trJ premium charge ~f ~~ne per centum t 1'': 1 of the original p~irxipal artx~unt thereof_
except that ~n nu r~rnt sh•rll the adju.trJ premium r~crrJ the a~trrgatr amuunt uf prem~um chargr~ :.hich wuuld have hren payahle if the _
:'z rtwrtgage haJ continueJ tu be intiureJ unt~l maWnty: such payment (o be appfieJ by the mortgagee upon rts obli ation to thr So~eatV~~f
Hous~ng anJ Grban Uevclopment un accounl of murtgagc insurance. ~alter E u
~ ~U9 ~ - ~~~7 TM~s ~N~RUMENT PRF.Pf.~FD BY: ~ - -
C~1~K F1j;; ABSTRACT & TI+~E CORP. OF F:.A
20b 8. 2N~ ~T FORT PIERGE. F~"~k~vq