HomeMy WebLinkAbout0372 ~45966 sT-ZZ,o26 _ :
SWD # 962867
STATE OF FLORIOA
This form is used in connection ,
FHA FORM NO Z110 m w~th mortgages ~nsured under the
Revised May 1971 one- to four-family provis~ons of
the National Housing Act.
I~IORTGAGE
~rNis ~~~~K~rc:~ct. a:~<<W ~nz lst ~~r December 1972 . n~ ~~a
beiwern EDDIE W. PAQC sttd HELEN M. PACK~ h3s vlfe •
hrreinaflrr called the murtg:~gur, and
STOQCTON , i~iATI.EY , DAVIN 6 OOi~ANY
, a corporation organizrJ anJ rx~siing under Ihe laws of
$t8t@ Of FlOr1dS • hereinafter called the mortgagee.
\~iTNESSETH, that far diven g~wd and vaiuable comiJeratium, anJ alio in c~nsideralion uf the aggreg::;: E.^. !ti°
promissury note hereinafter Jexrilxd, the said nwrtgagor J~xs hereby grant, bargain, sell, alien, remise, rcia», cunvey, and cunfirm untu
the said nxxtgagee all that certain piece, parcel, or tracl ~~f IanJ of whKh thr said mortgagor is nuw .eized and ~w+.etkd and in actual
possc~ion, situate in the county of St. Lucie
anJ State ol' florida, de~cribed as folluws:
Lot 269, SHERATON PLAZA, UNIT FOUR REPI.AT
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 follaring items of property
Which are located in and permanentlq installed
as a part of the improvements on eaid land: $~3,~: e,
= a ti ~
xANGE : OOLUHBUS, MODEL 34G, SERIAL NUI~ER 52135 r~
RAN(~ HOOD: MIAHI CAREY, MODEL 3730 4~ W
r ` ~
SPACE HEATER: FORSAIRE, I~DEL 465F W ~
/ @ ~
The eapress enumberation of the foregoing items ~'~~`'o-'' L
shall not be deemed to limit or restrict the ~ ~ ~
applicability of any other language describing ~i/~ ~~`4 L
~
~ in general terms other property intended to be .,~`;`'^o
covered herebq. ` c?
c~~' ~
State Documentary ata~mps affixed to the original ~
nnte anf~ PsMPPI l P[~ ~
f
Together with all structures anJ ~mprovements now~ arxl hereaft~r on said land, and fixtures attached iherrto, anJ all renl~, iisue~.
i pruceeds, r~xl profits accruing 3nd to accrue from +~id premiscs, all of ahich are included v?ithin the foregoing description and the
; hat+enJum thercuf: alsu ~II gas, ~tram, rlectric, w~ter. and uther heating, c~x~ling, refrigrrating. lighting, plumbing_ venhl~ting. irrig~ting.
G and powrr +y~tems, ma~hine~. :tppliances, fixture~, anJ appurtenan~es. Mhich nuw are or may hereafter pertain tu, ur t+e used with, in. or
~ on wiJ premix~. even thuugh they be detacheJ or Jetachablr.
„ '~O HAVf. ~1\D TO HOLD the wmr, wgether aith all and ~~ngul:?r the tenementti. hereditamenl+ and appurtenance~ thereunto
d lxxlonging ur m anyNi~e ap~xrtaining, anJ Ihe revers~on anJ rr~•ersion+. remainJer vr remainJrr~, rent.. i„ue., and prufiu thereof. ~nd
€ alw :ill thr e.tate_ right. title. internt_ humestead. Jower anJ ri¢ht of ~Mer, separate estate. posse~,ion. claim anJ Jem:~nJ ~h~tsue~er. •r~
~ well in law a~ in eyuity, uf Ihe srid mortgagor in and w the,ame, anJ e~ery parl thereuf, with the appurtrnance, uf th~ ~sid rrk?rtb~gur in
} anJ w the same. :~nJ every part a~xf parcel thereof unto the wid murtgagre in fee ~~mple_
~ And the rtwrtgagur hereby convcnants wiih the murtgager tha~ he inJefea.ihl~ ~eited uf +aid land in fea .implc: that hr ha. full
power and lawful right to convey the same in fee simple as aforesaid; that it shall be law~ful for the mortgagce, at all times peaceably and
quieUy tu enter upon. holJ, cxcupy. and rnjoy s:?id IanJ, snd every part thereuf: that thr I~nJ i+ and will remain free from all
~ rncumhrance~: that wiJ rtwrtg~gur w~ll makc such further a»uran.r~ tu pn~~~e the fee s~mple tide to SaiJ larxi in SaiJ murtgager as may b~
~ rea,onably reyuireJ. :~nd ~hat said rrx~rtgagor d~ hereb} full~ M:ur:~nt the uUe t~~ ,aid IanJ. and rvery part thcrei.f. and w ~U defenJ the
wme ag~in~t the lawful daim~ of all prrx~ns whomu~ever.
~ PROV IDED AI_W.41'S. a^~! th~:x gtesYnts are eaecute~l and delivrreJ upon Ihe following cundition~. tu w~t-
~ The mortgagor agrees to pay the mortgagee, or order, the principal sum of NINETEEN THOUSAND AND N0~100---°~--~_
~ Dollarc IS 19~QQQ.QQ 1, as evidenced by a note of ev~n date herewiih. with interest from date at thc
rate uf seven per cenwm ! 7 1 prr annum on the unpe~d balance
~ un~il paiJ. "fhe said principal :~nJ intereu shall be payable at the office of $'~Q(,[('rQN ~~j,$Y ~ DAVIN ~ OOI~ANY
- 100 West Bay Street Jacksonville, Plorida 32202
or at wch other pface ati the holder of the nute may designate in writing, in monthly installment~ of ~E HUNDRED TWEI~Y-SIX AND 5k/~Ot
~ -----------------------------------------y°Ilars 1 S 126 . 54 1. commencing on
~ the fir~t day of FebruB=y •~9 73 . and on the firct day uf rach rrKmth thereaRer until the principal
snJ interr,t are tully p~iJ, exccpt that the final payment of princip:~l anJ inter~yt, ~f not .uuner paiJ. :hall t+e Jue anJ payable un the first
Ja)' of J8II118Y31 ~ 2~3. •
And shall duly, promptly, and fully perform, discharge, ezecute, effect, complete, ard corpply with and abide by each and every
the stipulations, agreements, conditions, and covenants of said.promisxxy note and of this martgage, then this mortgage and the estate
- hereby createJ shall cease and be null and void.
:~nJ the nxxtgagor further covenams as follow.:
_ 1 lh:~t he will pay the indebtedne«. as hereinbefore pruviJeJ. Priv~lege i. re~crved to pay Ihe JeM in Nhole, or in an amuunt eyua!
to une ur nwre rtwnthly payments on the principal that are next Juc on ~he nutc. un thr fint Jay of any month priar to matunty~ Pr~~~•ide•d,
howcver, that written notice of an intentiun to eiercise ~uch privile~e i~ given at Ira~t thirty 130! Ja}•c priu~ tu prcpaymenC anJ, pruviJed
_ furthrr. that in the event Ihe debt is paid in full prior to malurity anJ at that time it is insured onder Ihe pruvis~ons of the !`aUonal
~ Housing Act, he will pay to the mortg:~gee an aJjusted premium charge of one per centum 11 ) af the cxiginal principal :?rmwnt thereof.
~ except that in nu event shall the ad~utiteJ premium exceeJ thc aggregate amuunt of prrmium charge. Nhich .+ould have been payable if the
morlgage h:x1 continued to be insured until maturity; such payment to be applieJ by the mortgagte upon rts obligation to the Secretary of
Housing and t:rban (~velopment on acco~~nt of mortgage insurance. NS1tEr E. Davis
z
= THIS I~.STa~~!F FP~ ..~'."'J fl~. _
O F._ 4
gO~K~~~ ~fit AE'S.~ T ^ r~np . F 1'.
~ ~ Zv5 {vFt` F,CK:..= F_i.: ;Jll
,s.'.~ '
~ - .
,
._~u~ s._.~.~-r, s. -,_Yr .r.~- _ _ . , a~,,.~ ~atP~'+~~:~
~