HomeMy WebLinkAbout2330 ST-21,494
~ • '-j F4i~i Case 094-~75?95-?35
STATE OF FLORIOA 24'~333
Th~s fo?m is used in connect~on
FHA FORM NO 2110 m w~th mortgages insured under the
Revised May 1971 one• to four-iamily provis~ons ot
the National Housing Act.
~ MORTGAGE
THIS ~fOR'~G~C;y~ d•~thr 29th. January U. 19 73 , by and
between George H.~aunders and Lola B. Saunders, his wife •
herainafter callni thr mortgagor, and
J. T. STEb1ART MORTGAGE COMPANY, INC.
, a corporation urganiz~l and exist~ng under the laws uf St2ite of FlOrldd
, hereinafter called the mortgagee.
WITTVESSFTH, that for divrn g~xx1 anJ valuable con~ideratium, anJ alw in corridrratiun of the aggrcgate sum nam~tit ~n thr
promissory note Aereinafter describeJ, the said mortgagor does hereby grant, bargain, sell, alien, rem~se, relase, convey, and confirm unto
the ~id murtgagee all that certain piece, parcel, ~ tract of land of which the +:?id murtgagor is now ~eited and posx~~d and in actual
posse~ion, aituate ~n the county of St . LuCle
and State of Florida, described as follows: .
Ipts 6 and 7, Block 14, SUNLAND GARDIIds, according to the plat
recorded thereof in Plat Book 8, page 32 of the Public Records
of St. Lucie Qounty, Florida, LESS the North 10 thereof.
R~ElYED = 3 g~u IN PAYMENT OF TAI~
~UE ON CU1SS'C INTANGI~tE PERSONAL PkO?~Rlr,
PURSUANT TO CFIAPTER 71-13t, ACTS OF 19)1.
jI~Y-~I
HOGER POITWLS ;
CLERK CIRqlIT OOURT, S~. ltIC1E 00, FlA
STATE DOCUMII3TARY STAMPS AFFIXID TO THE ORIGI?VAL IJ~TE AND CANECLLED
;
i
~ Together with all strucwres and improvements now and hercafter on said land, and fiatures attached thereW, and all rents, is~ues.
8 proceeds, and profits sccruing and to accrue from ~aiJ premiuc, all of which are inclualeJ within the forego~ng descripta~n and the
~ hab~adum thereof; also all gas, titeam, electric. water. •rnJ other heating, a~king, refrigrrating, lighting, plumbing. vendlating, irngating.
~ ancl power iy.temt. machines. applian~rs, fi~ture~_ and appurtenances. ~hi~h now are or may hereafler pertain to, or t+e used w~th. in, or
~ on saiJ premise~. rven though ihey t?e detachecl cx Jetachable.
TO HAVF ANU ~l) HOI.D the wme, together with all and ~ingular the Irnements. hereditaments and appurtenances thereunto
~ tielonging or in anywise ap{xrt~ining. anJ the revenion anJ reversiom. rema~nd~r or remainders, rents. i~.ues, and pmfits thereof. and
~ also all the z+tate, right, title. interect, humeste:ul. Jower and right of dower, separatt estate. pu~sevion, da~m and demand whatwever. as
~ well in law a+ in eyuity_ uf the .aiJ marigagor in ancl to the same. anJ every pan thereof, with the appurtenancrs of the sa~d rtx?rtgagor in
anJ to the wmr, anJ every part and parcel thereof unto the ~aid mo~tgagee in fee ~imple.
~ .AnJ the rtwrtg3gor herehy comrnants with the murtgacrc that hr i, iodefra.ibl~ .eired ~~f .aiJ land m fer .implt; that he ha. fuli
~ power and lawful right to convey the same in fce simple as aforesaid; that ~t shall be lawful for the mortgagce, at all times peaceably and
quieily to enter uEwn, hulJ, occupy. and enjoy said IanJ, ancf tvery part thereof: that thc larxi ic and will remain frre from a!I
encumbrances; that caid mortgagor will make such forther actiur~nceti to prove the fee simple titlt to +aid IanJ in saiJ murtgagee as may t+e
rea~unably reyuireJ. :~nd that »iJ rtwrtgagur J~ h~reby fully warrant thr title ta .:~~d land. :+nd e~•ery pnrt Ihrrruf, snd H ill drfend the
~ s:~mc ag;~in.t the IaNful daims of all person+ whumwever.
~s
~ PKOV IDED AI.W.AYS, anJ theu presents are eaecuteYi anJ delivered upon the following conJitions, to wrt:
The mortgagor agrees to pay the mongagee, or order, the principal sum of NINETEEN TFIOUSAND ZWO HUNDRID AND NO/100
~ Dullan IS 19 ~ 200 . 00 as rviJenced by a note uf even date herew ith, with intere,t from Jatr at thr
~ rate of SeV@n per centum 1 7 ~%'r ) per annum on the unpaiJ balance
~ until paid. "~he saiJ principal and interest shall br payable at the office of J. T. ST~n1ART MOl~!`GAGE C~OMPANY ~ INC.
Suite 300 - 100 Miracle Mile~ Coral Gables, ~lorida
y or at such other place as the halJer of the note m~y designate in writing, in rrwnthly~ ~mtallm~nts of OIIE Hundred ~aenty
Seven and 87 100---------------- 127.87
" / Dollars IS l. commencmg on
.
lhe first Ja~ uf Mdy . 19 73 , anJ on the firct Jay of each rtWn~h there~ftrr unt~l the principal
and interest are fully paid, cxcept that the final payment of principal and interest, if not s~xmer paiJ, shall be due and payable on the firsl
day of Apri 1~ 2003 .
And shall duly, promptly, and fully perform, discharge, eaecute, effect, complete, and comply with and abide by. each and every
~
the stipulations, agreement~, conditions, and cuvenants of said promissory nae anJ of this mortgage, then this mortgage and the estate
hereby created shall cease and be null and void.
AnJ Ihr rrk~rtgagur further covenants ati follow~ti:
~ I. That he will pay the indebtedness, as hereinbefore pn~videei. Pri~~ilege is reun~ecl to pay the debt in whole. or in an amount eyual
to une ur rnure rrw~nthly payment. un the principal tnat are ne~t dur un the note. on the fir~t Ja~ c~f any munth prior to maturit~ -/'.~n~ided.
howrver, that written notice of an intention to exercise,uch privilege is given at lea~t Ihirt} 1;0) dayti prior tu prepaymem. and. pro~iJrd
:
,.;_3 further, that in the eveni the debt is paid in full prior to maturity and at that time it is ~nsured unJer Ihe provisiom of the latiunal
Huusing :~ct. he H ill pay tu the mortgagee an adjusted premium charge of une per cenwm ( I 1 of the original principal amount thereof.
~ exct t thal in no event ~hall Ihr aJjutiteJ remium e~ceed the a re ate amuunt uf rem~um char e~ which MouW have been a able if the
F.~. P P KK K' P 8 P Y'
i~7 mortgage had continued ta he inwred ~ntil mawrity; such payment to be applicd b~- the mottgagee upon its obligation to lhe Secrctary of
Nousing and Urhan Developmenl•on ac~ount of mortgage insurance. J k
$o~Y rat?t 232~
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