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HomeMy WebLinkAbout1460 ST-22 309 ` ~ ~ ~ Sh'D ~ ~ 162$ 64 STATE OF FLORI~A Th~s fam is used in connection FHA FORM NO 2110 m wrtt~ mortgages insiued under the Rev~sed May 1971 one• to !ou?•family provisio~s ot the National Housing Act. t~iORTGAGE TNIS \1nRTGAGE, datr~l the 1s~ ~aY ~ JanuPry . A. D. 19 73 , by and be~wct~ t~ALIACE LYLfiS, SR. and ANNA H. LYLES, his wife . hrrt~naf~er ~allyd thr m~xtgagor, anJ STOCKTON, WHATLEY, DAVIN ~ COI~ANY , a axporau~~n urgan~tr.! a~J rxisting und:r thr law~s uf Stat@ of Florida , hereioafter ca11cJ the morlgaget, WIl~NFSSETH, that for divers goal and vatuable comiJeration+, :?nd alw in comidrratiun of the aggrcgate sum named in ~he prumiswry nute hereinafte~ describal, the said mortgagor does herrby grant, bargain, xll, alien, ~c:nsx, :elase, convey, and cun6rm unto the said murtgagee alf that crrtain piece, parccl, or trac! of la~xi of which the said mortgag~x i~ naw szized and p~»se+sed anJ in actual posxssion, situate in ~he county of - St . Lucie and State of Florida, described es follow~s: Lot 266, Sheraton Plaza, Unit Four, Replat accordiag to the Plat thereof as recorded in Plat Book 16, page 18 of the Pub'ic Records of St. Lucie County, Florida. Together with the fol~owing items of property which are located in and permanently installed as a part of ~3? the improvements on said land: , y ~ `~0 s4`~' ~1 RANGE: C7QI.[1MBUS, MODII. 34G, Sn~it7AL ;~tU~IBER 43883 ~~~~~~~'i,~,V' RANGE HOOD: MIAMI CAREY, MODSL 373fl ~V' SPACE HEATIIt: FORSAIRE, MODEL 465F . ~ ~ ~Q• ~ THE EXPRESS ~iUr~ERATION OF THE FOREGOING ITEMS S~L9LL ~,J~ NO'P BE DEEtIF.D TO LIMIT OR RESTRICT THE APPLICABILITY OF 6~` ANY UTHFR LANGUAGE DESCRIBING IA~ GENfiRAI. TERI~LS OT1iER Q ,W J PROPIItTY IhTEIv'DID TO BE COVERID HEREBY. State Documentary Sramps aff~ced to the original note ~ and cancelled. ( ~ Togethcr v? ith all structures and improvements nuw and hereafter on said land, and fixwres attached thtreto, anJ alt rentt, i~.sues. proceats, and profits accruing snd w accrue Erom sauf pr~mises, ali of whi~:h are includeJ v~ithin the foreguing descriptiun and the ~ habendum thrreof: alw all gas. titeam, elrctric, w:~ier, and wher htat~ng. cuu~.i~ig. refrigerat~ng, lighting, plumbing. ventilatir.g. ir~igating. € a~x1 Ex~N~er sy.tem~, ma:hinc~+. :+pplisnces. fixtures, and appurtenances. whi.h nun• are or may htre:sfter pertain tu, or br useJ with, in. or ~ on ~aid prrmisr., evrn thuugh they be ~fetached or ~lct:Khable. TO HAVE :1ND TO HOI.D the .ame. together with ail anJ ,ingular th~ tenemems, hereditaments and appurtenancCS thereunto brlonging ~~r in any~itie apprrtaining. anJ thr rever.ion anJ trversiun+, remainder ix remainders, rrnts. n~ue+, and prufits thereof. and also all the estatr. right, tidr, inte~est, home+tr:Ki, dower arxi right of dower. xparatr tuate. pustie.~iun, ciaim anJ dematxl ~•hatscever. as well in law a+ ~n eyuity. of the ~aid mcxlgag~x ~n arxl tu 1he .ame. ar?d every part ~herc~f. Kith the appurtenancec of the said muttgagur in and tu thc wmr, arni evrry part anJ par~d thereuf unW the s:i~d murtgagre in fee ~imple. ' .and thc nwrtgagor hrreM• cumenanl. w~th the m~xtgag~ that he i~ inJrfea.ibl} xiced of ~a:J I~nd ~n frr simple: that he has full power and lawful right to convey the same in fee simple as aforesaid; tl~at it shall bc lawfi~l for the mortgagee, at a!I times peaceably and quietly to entrr upun. hold. ~cupy, anJ rnjoy ,aid IanJ. anJ every part thercof; that thr lanci is anJ will remain free from all erx:umbrances; thai wiJ tn~xtgagor w~l! make +uch further aswrances to pro~•e the fee s~mple t~Ue to ~aid IanJ sn said mcxtgagee as may t+e reax~nsbl~ reyuirrJ. and that .aiJ rtxxtgagur J~~ htrcby fidh• ~arr.int the thle t~~ wiJ IanJ, and evrry pxrt lhereof. •rnd w•i11 dtfenJ the same again~i the lawful claimc of ail per~ons ~+homu~ever. ~ PROYIDED AI.WAI'S, arxl these presenls are executod anJ del~~~ered upun the fulbw ing conditions, to wit: The mortgagor agrees to pay the mortgagce, or o~der, the principal sum of ~lINETEEiv THOUSAND T'~10 HIRtDRID 5~ :t0/100 ~ Dollan IS 19 ~200.~~ as evidenced b~ a note of even date herewith, with ir.terest frum date at the ~ rate of seven per centum 1 ~ ~'r )(+er annum un the unpaid balance ~ unul paid. The saiJ principal and interest shal! tx payablt at the offxt of Stockton ,~•7hatley, D8V1A 6c COIIIpBIIy ~ " 100 ~tiest Bay Street, Jacksonvilie, Florida 32202 q or at ~uch other pla:r as the holder uf the note may des~gnate in ~riling, in rtwnthly installments of ~I~jE HLZNDRED TWEi~1TY- ~ SEV~ and 87/100 ~IIarsIS 127.87 I.commencingon ~ the fint day uf ;iBtCti - 19 73 . and on the firct day of each momh thereafter unlil the pnocipal ~ 1nJ m~r~rtit are fully pa~J, etcept lhai the final payment of prun,ipal and interest, if not woner paiJ, chall be Jue and payable on the first ~ aay ~~r February , 2003 : ~ And shall duly, prompUy, and fully perfarm, Jiscbarge, eaecute, ef~cct, complcte, and comply with and abide by each and evcry ~ the stipulations. agreements, conditions, anJ covenan~s .>f said promissory note and of this mortgage, then this mortgage arxl the estate ~ hereby created shail ceax aod be null and void. ~ And the mortgagor funhe~ covenan4s,~~ r^~low,: ~ 1. fhat he v?ill pay Ihe indebtedneca, at hercinbcfore pruviJeJ_ 1'rivilege i~ reurvee! tu pay the debl in whole, or m an amount equal ~ to one or rtx~re mon~hly paymrm. on the principal Ihat are next duc on the Rate. on the fint Jay of any munth prior to malurity: lti~n•ided. however. that w•ritten notice of an intention to exerciu such priviiege is given at Ir-sst thirty 1 i0~ day prior to prcpayment; and. prov~ded further. lhat in the cvcnt the deM i. paic! in full priar to mawrily and ai that tir~e ~t ii insured under thr provi~ianc of Ihe l~atiunal ~ Hou~ing Act. he will pay to the mortgagee an adjucted prtmium charge af one per cenlum 11 1 of the cxiginai principal amount thereof. exeept Iha~ ~n no event shall the aJju.teJ premium eaceed the aggregate amuunt of premium chargec which Nould have ~een payable if the ~ mortgage had cun~niutd to be inw~eJ until mawrity; wch paymeni lo t~ applied Iry the mortgagee upon rts obligaUon lo the Secretary of Huusing and Urban Devebpment on ecccwnt of mortgage insurance. ~ THIS IN3TRUMENT rREPANED sv~ Flalter DaviS ~ P~~~~iS, /?BSTRACT dt T{TLE CORP OF FL4 ~ 60..K A~. ~C7 205 i. 2lVD ST. FORT P7ER_E. i~0!!.~A ~ , , " : - - ~ - - p 1 i ' f ' . ' . _ ti . . _ ' _ ' ~ _ _ _ F. _