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HomeMy WebLinkAbout1317 ST-22,860 ~ ~ san ~sazssa STATE OF FlOR10A . ~~8s92 This fOrm is used in tonnettion FHA FORM NO 211d m with nwrtgages insured under the Rsvls~d t~lotcA 197~ one• t0 fou?-fsmily provisiqls of the National Housir.g Ikt. ~ MORTGAGE THIS MORTGAGE, dated the lat day of Februar~ . A. D. 1973 . by und ~tw~n Juan Felis ltioe aad Maysle Rios, his vife , hereinsfter callni the man~aaor, and S1~TON, NHATLBY, UAVIN ~ <70I~ANY , a corporstion organiud and existing under the laws o! $tate of Florids . hcreinaftu callcd the mortaagee. • WITNESSETH, that tor Civen good and valuabte considerations. ~d aiw in considaation of ehe ag~egate sum named in the promissory note heroinafrer dexribed, the said mortga$or does hereby gnnt. bargain, scll. alien. ntnise. relue, convsy, and confirm unto che said mortgagct :11 that cenain piece. psrcel, or trxt of tand of which thc said ~r~ortgagoc is now uiud and posscsxd and in acWal poascssion, situste in the county of St. Lucie and State of Florida, described u fdlows: Lot 330, SI~BATON PLAZA UNI? FOUR RSPZAT, according to the Plat thereof aa recorded in Plat book 16, page 18 of the: Public Recorda of St. Lncie Camty, Florida. Together vith the follovi.ng iteos of property Which are located in aad per~anently inatatled as a part of tbe i,prave~ents os~ said laad: RANG~: OOLUl~US 1lODffi. #3~G, SBRIAL NUl~EB 42049 ~IGB HOOD: t~AlQ CARSY, IiODEL 3730 - SPACB ~A1'SB: FCRSAI~tB, MODBL 465P The express enu~beration of the foregoing iteas eball not be deeoed to liait or restrict the applicability of any otber language describ~ag in general testis other property intended to be cavered bereby. STATE D~(~Jl~NTA~Y 5TA1~S AFFI$ED ?0 OBIGINeI. NOR'B AND CApCBLI.ED. J a ReCElYED ~ S 111 PAYf1OQ OF T11~GS M.tE 0r! CiASS 'C' INTAN6181.E PEASp11AL AtOi~i'1~ pURS11AMT TO GIAPTER 71-134. II~TS ~ 1~)1. ROGER POITfUIS ~1fJl~( CIfOCIIIT OOURT, ST. WCIE 00. FUI. ~ Together with all structures arn1 ~mpra~ements now and hereafter on said iand, and fixtures attached thercto, and all rents. issues. pnxeeds. and profits accruing and to accrue from said premises, all of which are included within the foregu;~ig airscription and the habendum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing_ vent~lating, irrigating. and powcr systems, machines, appliances, fizwres, and appunena~ces, which now are or may htreafter pertain to, or be used with. in, or on said premises. evert though they be detached or cietachable. TO HAVE A'~D TO HOLD the same, together with all and singular the tenements, he~editaments and aQpunenanccs thcreunto t+elonging or in any~ ise appe~taining, and the revrrsior and reversions. remainder or remainders, rents, issues, and profits thereof, and aiso aN the estate, reght, titla interest, homestead, dower and right of dov?•er, xparate estate, Ewssession, claim and dern~nd whatwever, as well in law• at in uquity, of the said mortgagor in and tu the same, and every part thereof, with ihe appurtcnances of the saiJ mortgagor in arni to the same, and every pan and parce( thereof untu the said rrsortgagee in Fee simple. And the mortgagor hrreby convenants with the mortbagee that he is indefcasibly seized of said land in fee simple: that he has full powe~ and lawful right to convey the same in fee simple as aforesaid; that it shall be lavrful for the mortgagee, at aU times pcaceably and quietly to enter upon, hoW. occupy, and enjoy said land. anci every pan thereof; that the land is arxl will remain free from all rncambranees: that said mortgagor will make such (urther assurances to prove the fec simple title to said land in+said matgagee as may be reawnabfy required. and that said mortgagor does hereby fully w:.rrant the tide to said laixf, and evcry part thcreof, and w~ill defenc! the same :.gainst the lawful claims of all perwns whomkxver. , PROV IDED ALWAYS. and these presents are executod and ~elivercd upon the folbwing coixiitio~s, to x•it: - The mortgagor agrees to pay the moctgagee, or order, the principal sum of $~j~'pgg~ Zg~SAND SBVBN HUNDPED PIFl'Y AND NO/lOQ-~-~n ~S ~7~75~.~ l. as evidenced by a note of even date herewith, with interest from date at the rate of ~~a pe~r centum 1 ]~'"s~ ) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of $tOCktOn~ il~atley, D8V~II 6~ COlpBIIy 100 West Bay Street Jacksarville, Florida 33202 .~r at such other piace as the hoWer of thc note may designate in wTiting, in monthly ir~stallments ofONE flUNDRED EIGHTSffi~I AND 22/100 -----•-~•~ol~aa tS],18.22 commencing on thc first day of Kareh .~973 . and ~n the first day of each month thereafter untit the principal and intrrest art tully paid, except that 1hc final payment ~f principal and interest, it not sooner pa~d, shall be due and payable on the first day of February ~ 2003 • . And shall duly, promptly, and fully perform, dischargt, execute, effect, complete, and comply with and abide by each and every the stipulations, agrtements. conditions, and covenants d said promissory noee and of this mortgage, then this mortgage and the estate hcreby crea[ed shall cease and bt null and Yad. :~nd the mortgagor furthcr covenants at follows: I. That he will pay the indebteJnecs. as hereinbeforc pro~-ided. Privilege is reserved to pay the debt in whole. a in an amount equal to une or more monthly payments on tF?t principal that are next due on the note. on :he first day of any month prior to rr.aturity: 1'?urieleJ. h~~we~er. that writtea notice of an ~ntention to exercise such privilege is given at least thirty 1301 Jays priar to prepayment: anJ, proviJed further. that in the event the d^.bt is paid in full prior to maturity and at that time it is insured undcr the provisio~u of the tiational Housing :1ct. he wil! pay to the mortgagee an adjusted premium charge of or.e per centum 11 ~'"c 1 of the orig~na! principal amount thercof. e~c•ept that oo adjusted premium chatge ~hall be due ar pa~~able ~.hcre paymcat in tu:l is maQe after tlc due dat~ oi tne I20th sc hedui~dpa vment and i~ no ~vent tih. II the adjus~ed premium ezceeJ t6e aggteRate amount o( premium rharges which would have G~en ~rayable if this ~IortRaRe had contipued to be insured unti! maturity, such payment to be applied by the mortgaRee upon its oblieation to thP Se~retan~ of Ifo~.inQ and l~rbaa De~•elopment op accouot o( mort~a(t~ iasoraoce. I~ p { ~ THIS ~NSTfitJMENT rRtoRRED evti?'alter E~ DA~lLB ~!(jOX~~~. rA(;t1~~ ~ ABSTRAGT ~ T!T'._E C~??P OF FLA ~ _ 205 8. 2NO ST_ FOR'. P.EC~'- ::-~~.,;.a LJ _ - _ ~ . ._'Z~ ' ` _ S ~ ~ a ~-a-... . z'=x.~