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HomeMy WebLinkAbout1383 ~j'~ ST-22,027 ' SWD ~962865 STATE OF FLORIQA . . 2466'74 This fam is used i~ con~ection FHA FORM NO 2110 m with mortgages inw~ed under the Revised May 1971 one• to four-family provisions ot the National Housing Act. I~iUR'I'GAGE ~rHis ~~oK-rc;.~cF. a~~~ ~nC lst a3y °r December - 19 ~2 . ti~~ :,~a br~..~en LAURILEBN JOHNSON~ a asarried vo~8t~ . hrreinaf~rr callcvi ~he murtgagor, unJ 5TOCKTON , WHATLEY , DAVIN ~ 0011PANY . e c~xporati~~n organi[td anJ tzisting under th~ law~ uf , StBt@ of Florida . nereinafier calted ~h~ mortgagte. WITNESSETH, that for divrrs gucxl and valuabtr cunsideraliuns, anJ slw in considrration of the aggreg:?tr wm namctii in the prom~ssory nute herri~after dtxribed, the said mortgagor dces hereby grant, bargain, sell, aUcn, rem~st, relase, cunvey, an~ aruiu ~u uuw the said murtgagee all ~hat certain pirce, parcel, or traet ~~f larxi af which the said nwrtgagor i~ now seized and pm.e.~ed and in actual possession, situate in the caunty of St. Lueie and State of Florida, describai as foUows: Lot 267, SHERATON PLAZA, ONIT FOUR REPLAT, according to the Plat thereof as recorded in Plat Book I6, page 18 of the Public Records of St. Lucie Countq, FZorida. g~~ Together with the follo~ring items of property Which are located in aad peraaaently installed ~ o~ as a part of the improvements on said land: ~ ~ RANGE: OOLUI~'BUS, i~DEL, 34G, SERIAI. NtTMBER 52133 z;. ~ RANGS HOOD: I~QAM CAREY, NiODEL 3730 ^ SPACE HBATER: FORSAIRE , I~DEL 46 SF ~'~p° ~ y O ~ 1 ~ m ~ The espress enumberatian of the foregoing items shall not be deemed to limit or restrict the T N~; applicabilitq of anq other laaguage describing g s~ in general tezms other praperty intended to be ' ~°s~ covered hereby. ~ ~ ~ ~ State Documentary Stamps affiaced to the original note and cancelled. Togethtr v?ith all structures and impro~ements now anJ herrafter un said land, and fixtures attached thereio, and aU rents. is~ues. proceals, and profits :iccruing and to xcrue frum taid premises, ;~11 of ahich are ?ncludeJ within ihe foregoing description and the habendum thereof: al,u sll ga.. ,team, electric. ~+atrr, and uther heatinF, couling, refrigerating, lighting, plumbing. ~entilating, irngating, and puwer ~y~tem~. machines, appliance~, fi~ture,, and appurtcnanc~., which nuw are or may hrreafter pertain tu. or be used with, m. or on saiJ premi~e~. even thuugh they be detach~~l ur Jewchable. TO HAVF :\:VD TO HO?_D the wme, t.~gether with all anJ ~ing~slar thc tenements, hereJitaments ~nd appurte~an~es thereuntu belonging ur in anyN i~e rppertaining, and tA~ rr~cr,iun and recen~um, rem~inJer or remainders, rents, i~cues, and profits thereof, and slw all the estatr, rig6t, titte. inter~l, hi~mr+tead, Juwer and right oFJuwer, separate estate. ~x~sseuion, claim and demand wnatsue~er, as µell in la.+ as in cyuity. of the ,aid murtgsgur in ~nJ tu th~ ,ame, and ever} part thereuf, whh the appurtenanceti uf the said rtx~rtsagor in ~ and to the same, and e~ery part and parcel therruf urtu thr ~id mortgagee in fec ,imple. . And the mortgagor herehy cunvenant~ with thr murtgagrr th:~t hr is indrfca~ibl~~ ~riicd uf .aid land in fer ,imple: that he ha, full pouYr and lawful right to convey the same in fee simple as aforesaid: that it shall be law~fut for the mortgagee, at all times peaceably and yuietl~• tu enter up~m. huW, occupy, arxl enjoy ~aid IanJ, and e~•ery pan thereuF, that the land is anJ will remain free from aU rncumbrances: that ,aid nxirtgagur Kilt make wch further a.surance+ tu p~o~•~ the fee tiimple tiUr to +aiJ I~nJ in wid m~~rtgagee as may be reau~nabh reyuireJ. and that said murtgag~~r dix•c hrrehy fully warrant the titlr tu said IanJ. and e~ery part therroC .inJ will drfcnJ the ~ame ;~gainu the lawf~l claimc of all persom u•h~~muxver. . PKOV IDED ~I.N.'Al'S. anJ thcse pre~ents are exrcuteJ and delivered u{wn the folluw ing conditiuns, ro a rt: The mortgagor agrees ~o pay the mor.gagee, or order, the principal sum of $~g,j~ TqWSAAID FNE HUNDRED FIFrY AND NO , [)oltars (S $17~5§Q.QQ as evidence~! by a note of even date herewith. with interest from date at the rate of seven per cenwm I ~ ) per annum un the unpaid balance until paid. ~he sa~d pnncipal anJ interest shall be payable at the office of $COCiCLOA~ i~ihatleq, Davin ~ COIDpffi1~1 100 ~lest Bap Street, Jacicsaaville, Floridg 32202 , ur at +uch other place as the holJer of the nute may designate in writing, in monthly installments af ONE Hi1NDRED SIXTEEN AND 88~100-------------------~----_~•.._--_--~--_-~~Ilars IS $116.88 1, commencing on the first day of F~=~~ , 19 73, a~d on the first day of each nxmth thereafter untit the principal 3nS intere.t are fully p;?iJ, except that the final paymrnt of principai and interest, if not woner pa~J, shall he due and payable un the first Jay of .13t111SIy1 2~03. . And shal! duly, promptty, and fully perform, discharge. execute, efTect, complete, and comply wi~h and abide by each and every the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgagr. and the estate hereby created shall cease and be null and void. . ~\nd the mcrrtgagor further covenants as follow~: I. t hat he will pay the inJebteainetic, as hereinbefore provideJ. f'r~vilege iti reser~eJ tn pay the deht in ahole. or in an amount eyual to one ur more monthly payment~ on the pnncipal that are next due an the note, un the firct day of any month pr~or to maturity: /ti.~i•rde•d, huwrver. that wriuen notice oF an inienu~~n to exerciu such privilege iti gi~~en at lea~t Ihirty 1 i01 Jays priix to prepayment: anJ. pru~ ~ded furlher, that in the event the deht i~ paid m full prior to maturity and at ~hxt time it is insured unJer the provisions of the tiatiunal Housing Act. h~ will pay to the murtgagee an adju~ted premium charge of ~ne per centum (1 1 of the cxiginal principal amount thereof. txcrpt thai in rx~ evrnt ~hall the aJju,trJ premium exceeJ the aggregate amuuot uf prem~um charges which wuuld have t?cen payable if the mortgage had contmued to be insured unUl mawrity; such payment to be applied by the mixtgagee up~m ~ts obligaUOn to the Sacretary of Huusing a~d Urban Development on account of mortgage insurance. _ Walter E.. D~vis u' ~t ~r. THI~! INST'RUNENT PR~4RC1? BY~ ~ /1BSTRAGT & ' i ~ CORP OF FLA ` ' 20S S. ZNC~ ST. fORT F':ERC=. FL0.7'_.A . ~G_ . _ - _ ~ . . . . ~-P-'_. _ ~:..i