HomeMy WebLinkAbout1426 i~~3~ ~o~ ~ ST-22,858
~ G ~ M~~ ~t~' ~ . . SitD , i 162886
STATE OF FLORIDA PE~
~~yl? c`~
~~1M1 ~~S ~ This tarm is used in ct~nection
FHA FORI~A N~ =110 m ~~p11 ~P"• ~~y.~ vrith mortgages insured urxler the
R.~i..d wo.~ti ~9n M~~..~t~ t0 . ~,Ea ~ one- to four-fa-nily provisions ot
N~"'"'~- ~pt, the Nationat Nousin~ Act.
G10~~j L -
MORTGAGE
THIS MORTGAGE. datcil the ~.Bt dnY o[ jtgb~y . A. D. 19 73 , by and
between BNGLAND PB?BRSt~i~ JR. and ~7CIB MAB PEIBRSON, h1s t~ife '
hareinaQer callod the martga~or. and
S70ClCtON, WHATI.EY, IaAVIN ~ OOMPANY
. a corporation organiud and existing under the laws ot S tate of Florida
. hereiaafter callod the mortgagee,
WITNESSETH, that for diven good and valuable consic4rations, and also in coasideration of the aagregatc sum named in tM
promissory aote hereinaCtc[ dcscribed. the said mortga8o~ d~es hereby ~ant. bargaia, scll. alien. remise, relase, convey, ~d confirm unto
the said mortQagee all that certain piece, parcel, or tract of la~ ot which the said mo~tgagar is now seized and possessed and in acwa{
possession. situate in the county of St. Lucie ~
and State of Florida, describnl as follows:
Lot 333, S~RA'1~01~1 PLAZA UNIT FOOR RSPLAT,
according to the Plat t6ereof as recorded
in Plat Boot"16, page 18 of the Public
Records of St. Lucie County, Florida.
Together vith the folloving itema of property vhicL are located in aa~
persanently installed as a part of tbe ioprove,ents on said land:
xANGB : OOLOl~DS t~Dffi. #34G, SSRIAL pUl~BR 42048
RANGB fl00D : ZIIAI~ CARSY , I~DDffi. 3730
SPACB ~STSB: FO&SAIRS, I~JDBL 455F
The ezpress enurberatioa of the foregoing iteas shall not be deemed to liait
or restrict the applicability of any other language describing in general
terss other property inteAded to be cavered hereby.
STATE DOCUI~i+TPARY S?A1~S AFFIXED TO TBE OBIGINAL NOTE AND CCANCEI.LED
~ Together wi~h all structures and improvements now and hereafter on sai.f land, and fixtures attacheJ thereto. anJ all rems. issurs.
j proceeeis. and profits accruing and to accrue from said ,~remiies, all of which are includrd within the fureguing dcscriptiwn ac~d the
` habendum thertoF. also all gas, steam, electric. water, and aher heating, cooking, reGigerating, lighting, plumbing, vent~lating, irrigating.
f an~1 power systems. machines, appliances. fiatures, and appurtenances, which now are or may hereafter pertain to, or be used with. in, or
~ on said premises, even though they be detached or detachable.
E TO HAVE AND TO HOLD the same. together w~ith all and singulaz the tenemcnts. hereditaments and appurtenancrs thercunto
' t+elonging or in anywise appertaining, and the reversion and reversions, remainder or remainciers, rents, issurs, and profits thereof, and
I
E also all the estate, right, tide, interest, homestead. doaer atxi right of dow•er, separate estate, possession. claim and demand w~hatsoever, as
! well in law ai in aquity, o! the said mortgagor in ancl to the same, and every part thereof, vvith the appurtenances of the SaiJ mortgagor in
~ and to the same. and every part and parcel thereof unto the said morigagee in fee simple.
~ And the mortgago: hereby convenants with the mortgager that he ic indefeatiit+ly seized of said IanJ in fee simple: tnat he has full
power and lawful right to convey the same io fee simple as aforesaid; ihat it shali be lawtul for the mortgageq at ali umes peaceably and
~ quietly to enter upon, hold. occupy. and cnjoy said land, ancl every part thereof; that the lanel is arni will remain free from all
encumbrances: that said mortgagor will make such further assurances to prove the fee simple tiUe to s.id larxi in said mortgagre as may be
~ reau?nably required, and that said mortgagor does hertby fully warrant the title to said IanJ, and evrry part thrreof. and will defernl the
I same against the lawful claims of all persons v~homwever.
~ PROV IDED ALWAYS. and these presents are executod and delivered upon the folbwing coaiitions, to wit_
~ The mortgagor agees to pay the mortgagee. or order, the principal sum of N~NETEEN THOUSAND TWO HUNDBED I~IND NO/1~0-+*
s Do!lars IS 19 ~200.QQ as evidenced by a note of even date herewith, w•itF intcre~t from date at the
~ rate of ggp~p pcr centum ( 7 K) per annum on thc unpaid balance
~ until paid. The said principal and interest shall be payable at the office d$tpCktOl1 ~ Whatley, Davin ~ Co~aa~
~ 1p0 W t g~ treet aclcsonville Flo~.{ da 3320
ut at cuch other pTace asP"t~ie hold"!F o~the note may~es~gnate ~n wr~tm~ i~ monihly ~nstallments o~ pj~g g[jj~jj~gD Tfi~Y-SEVEN
~ AND 87/100 - - --1JollarslS 12j.87 ).commcrn.ingon
the first day of ~r~ . 14 73. and an the first day of each mon~h ~hereafter until the principal
~ and inte:cst arc fully paid, except that the final payment of principal and interest, ii nW sooner paiJ, shall bc due anJ payahle on the first
y ,a5 ~f Februsry~ 2003 ~
~ And shall duly, promp•ly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every
~ the stipulationc, agreeme~ts, conditions, and covenants ot said promissory note and of this nortgage, then this mortgage arrd the eswte
hereby created shall ceax and be null and void_
~ And the rtw:tgagor further covenan:s ac follows:
1. That he will pay Ihe inQebtednecs, as hereinbefore pmviued. Privilege is rcccr~~ed to pay the Jebt in w•hole. or in an amount equa!
~ tn one ur more rtwnthly paymentc on :ht principal that are nett due on tht note. on the first day of any month prior to matunty: l4~~~•ideJ.
~ huwever, that written notice of an intention to exrrcix such privilege is given at leact th~rty 1301 days priex to prepayment: and. provided
~ furiher. that in the e~rent the debt is paid in fuD prior to maturity~ and at that lime it is insured under the provisio~u of tht Natiunal
~ Huusing :1ct. he a•ill pay t~ 1he rtwrtgagee an :?dju~ted premium charge of one per centum ( i~ 1 of the original princip+t amounl thertof.
PXfPPI that no adju~ted premium rharge shall be due or pacable ~.here pa~•ment m iu:l ~s made after the duP date- oi tne Il'.Q:h
.cheduledpa cmeat and in no e~•ent shall the adjasted premium exceed the aRr °Rate amount o( premium charRes rch~ch N~oul~ have
bePn payahle :f this ~1ortRagc had continued to be insured until maturit~•, such paym~nt to bc applied bv the :nortRaReP upon itc
.~bliRatiun to the ~erretan~ of flou~ing aad l rban Development on account o( mortRaRe iasurance.
~ . 0 ~ ' TH16 INSTRUMENT p/tEp1R~D 3Y• ~Y7d ~
r~T F.~1~ s
~ - EOOK PiIG~ ABSTRACT & TITL~ CoR~
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