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HomeMy WebLinkAbout1450 ~ ~ = ST-22,537 ~ • • SWD Ko. 962884 7 Ft~A No. 094-0~330C-235 STATE Of FLORIOA 8~ This torm is used in comection fHA FORM NO ~I10 m with matga~es in.~.~red under the Revised May 1971 one- to four-family prov~sions of the National Hous~ng Ikt. MORTGAG~ TNIS [~tORTG:~GE, dattd the jgt day uf J~~ry ..4. D. 19 73 , by and b«M~~VIRGINU BARRON, a married woman • htreinafter called the murtgagor, and STOCKTON, i~IHATI.EY, DAVYN 6 OOI~ANY , a:orq?ratiu~ organiztrf and eaisting under the law~ of $ t8tC of Florida , hereinafler callcd the mortgagee, WITNESSETH, that fur divers good and valuablt consideratiuns, arnt alw in consiJeratiun uC tha aggregate wm namzaf in the p~omissory note hc~einafter Jesc~ibod, the saNi mortgagor does hereby gxant, bargain, s.-.11, alien, rcmise. relau, convty, and confirm unto , the said mortgagee all that certain piece, parcel, or lract of land of which the said moc:gagor i~ now seizrd and pos,zscrd and in actual possescion, situate in the coun:y uf $t. Lueie and State of FloriJa, dacribed as follows: Lot 331, SHBRATON PLAZA UNIT 4, RSPLAT, 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 follaving items of property which are located in and permanently installed as a part of the improvements on ssid land: - RANGE : COLUPtBDS 2~fODEL #34G, SERIAL NUI~ER 52156 RANGE HOOD : 1~iIAHI CAREY , l~lOD~I. 37 30 SPACE ~ATER: FORSAIRE, I~DEL 465F The express enwmberation of the foregoing items shall not be deeme3 to limit or restrict the applicability of any other language describing in gen:~ral tarms other property intended to be covered hereby~ p~ym ~.`~~O G• IN PAYMENf OF TAYEt N1E QN GASS'C' lNTANGIBLE FE~~+1-.1 Ps;~pfR17~ pllRSllM'(T TO CNA.°!ER 71-134. ACTS OF 15II. RGGER P01?RAS _ Clf!!( CfRqllT COl1Ri, ST. LUCIf C0. fLL ~ STATE DOCU~NTARY STAIKPS AFFIXED TO Tt~ ORIGINAL NOTE AND CANCELLED. ~ T ether with all structures and im ovements nuw and hereafter on said land, and_fixtura attached thereto, and all rents, i~sues. 08 P~ ~ procmis, and profits acc~uing arni to accrue from saiJ premises, all of which are includeJ within the furegoing description and the habendum therrnf; alsu all gas. ~tesm, el~tric, water, anJ other h~ating, e.wi:ing. refrigerating, lighting, piumbing, ventilating, irrigating, anJ power iystems, ma~:hines. applc+nces. fia~urcti, and appurtenances. Mhich nuv?• are or may hereafter pertain to, or be used with_ in, or ~ on saiJ pr~mixs, evrn though they hr Jetacherl or detachablr. TO HAVE ~ND ~(O HOI.D the .ame, together with all and singular the tenements, hered~taments anJ appurtenancri thrreunto belunging c~r in any.. ise appertaining, and the reveniun and rrversions, remainder ~x remaindrrs, rents. iatiues. anJ profits thereuf, and ~ also all the estate, right, titlc. interest, homesteaJ, doMer anJ nght of ck~Ner, separate estate. p~xstssion, claim anJ dert?arxl whatwevtr, as well m I~w :u in equity, i~f the sa+d rt:ortgagor in arxi to the same, and every part thereuf. with thr appurtenancrs of the said mortgagur in arn1 to thP ~:.mt, and evtry part arxl parcel thereof unto Ih. said mortgagee in fee simple. And the rtrrrtgagor hereby ci~nvenants with the mortgager thrt he es indefea+ibly cri~ed of said Ia~J in fre t~mple: that he has full power and lavrful right to convey the same in fee simple as aforesaid; that ii shall be lawful fur ihe mortgagee, at all times peaceably and quiedy W enter upon, hu1J, uccupy, arn1 enjuy saiJ land, arn1 e~ery part thereof: that the larxl is anJ Nill remain frae from ail rncumbran.:ec: that said murtgagor will male such furthet as~i~rancts to prove the fee ~mple tiUr to said land in ~aiJ mcxtgagre as may be reawnably required, and that said rtwrtgagur does hereby fully warrant the titlc to caid larxi. anJ e~ery part thereuf, and Nill Jefend the same ag~inst thr IsNful daim, of all persons whomuxver_ PROV IDED ALWAYS. and these presents are executecl and delrvered upon the fallc~~•iag conJitions, to wit: ~ The mortgagor agea to pay the ma~rigagee, or order, the principal sum of EIGHTEE~I THOUSAND AND ~IO/100-------____~_ Dollars (S I8~~0~.~ as evidenceJ by a notr of even date hercw•ith, v~ith intcrest from date at the ~ rate of geVgA per centum 1 7 "c ) per annum on the ~npaid balance ~ until paid. The saiJ principal and interest shall bt payable at the office of $tOCiCtOII ~{ahatleq, Davin bc COIDpSi13? 100 West Bay Street Jacksonville, Flor~da 33202 ~ or at ~uch other plxe as the holJtr of the note may designate in wriling. in rtwnthly imtallments uf ONE HUNJ~ED NINETEEN AND ~ 88/100---------------------------------_.~ollars ~ S 119 .88 commencing on ~ ~ the first day of j?~r~fi . 1973 . and on the first day of each montb thereaRer unti{ the principal ~ anJ interest arc fully paid, excePt that the fina! payment uf principal and interest, if not ~oor.tr paid, shall be due and payable on the first ~ayFsEbruarp, 2003 ' ~ And shall duiy, promptly, and fully perform, discharge, execute. efTect, comple!e, and comply with and abide by each and every the stipulations, agreements, xnditiuns. and covenants of said promissory no!e and of this mortgage_ then chis mortgage and the estate ~ hereby created shall cease and be null and void. ~ iod the mnrtgagor further covenants a~ folbws: ~ I. fhat he will pay thc inelebtcJness. as hercint?cfore proviJed. Privilcge is rescrr•ed to pay the debt in whole. or in an amount equal to une c.r rtx~re m~mthly payments on the pnncipal ttiat are next due on the note, on the first day of any munth prior to matcrity: I1rrn•idcd. howe~cr, that Mritten notice of an intention to exercise such privilegr i~ given at least thirty 130) J::yc prior to prepayment; anJ. proviJed furths~. Ihat in the event ihe deM is paiel in full prior to mawrity anJ at that lime it is insured u~der the provisions of the Irational Housing .Act. he will pay to the mortgagee an adjuued premium charge cd one ptr centum i 1~: 1 of tht cxiginal pri:rcipal amount thereof. except that in no t~ent shaU the adju~ted premium exceed the aggregate amuunt of prernium charges which wouW have txen payablc if the mori6ege had cont~nued to be insured ~ntil maturity: such payment to be applied tiy the matgagee upon its obligation to the Secretary of ~ Housing and Urban Devebpment on account of morigage insurance. ~ Walter E.Dayis ~ i~~~~ THIS INSTRU~RE`7T PREPARFD BY' BL~OK211 Fe~ ABSTRACT & TITLE CORP OF `~LA 2~.~5 5 c•.~ 5• Fo4T r^.E:,.-= - . - ~ : r .r .ce . ~ ~ ~ ~."~'~~~~.~`'t`~~. ~ e:~`c-'^~~" ' _ . . _ . . _ _ .