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Home My WebLink About1745 ~ E S'd0 962887 . i~~~9J~ ~ ~~t*~~ ~i~.. 'fl FHA 094-073303-235 J EA ~ ~ STATE OF FtQR10A ' 1~'S ~~"t - ~ CA` This torm is used in comectio~ fHA FORM NO ~110 m ~~;.~s~~,R~~Q+O~~~~,1'~'~~ with mottgagss inswrd under the R~vls~d Mwch 19)I ~ g~' a?e- to fasr-family p~ovisions of 10 tt~e National Na:s~ng Act. ~t E ~ 1VIORTGAG THIS MORTGAGE, datcd the day of ~r~ . A. D. i9 73 , by and betw«~ (~BOR~GS BAICBR 8ad ANNIS MAB BA1CB~, his Mife • Aneirsafter called the mo~teagor. and STOCRTON , i1HA1'L8Y , DAVIN ~ 00?~ANY , a corporation or~aniud and existing under th~ :aws o( StSte of Florida . hereinafter called tfie mortgagee. WtTNESSETH, that [or divers aoo~d and valuable considcrations. and also in coiuidastion of the aggreaate sum named in the promissory note heceinafler dac~iDed, the s3id mcxtgaQor doa hereby grant, bargain. sell. alien, remise, rclau, convey, and con6rm unto the said mortasgee all that certain piece, parcel. or tract of laix! of whi:.h the said mo~t~oc is now seizrd and possuscd an~ in actual possession. situatc in thc county of $t. Lucie and State of Florida. describeci as foltows: Lot 334, SflBRAtON PLAZA UNIT P+OtJB RBPLAT, accor~ling ~ to the Plat thereof as recorded in Plat Book 16, page 18 of the Public Records of St. Lucie Count}r, Florida. Together vith the folloaing items of propertp vhich are located in and pen~aneatly inatalled as a part of the i~prav~eats on said laad: Rl~iGB: ORBOI~1 G-30, SESIAL Niil~BR 45208 RA1~GS HOOD: ZQA?Q CARSY, 1~DBI. 3730 WALL FU~IACE: DEARBORN GAS DYF-65 The express ennmberation of the foregoing iteas ahall not be deemed tn 13ait or restrict the agplicabili.ty of any other laaguage describiag in general terms other property inteaded to be cavered hereby. S'TAZS DOCOI~NTAItY STA~S AFFI%ED TO TE~ ORIGINAL NOTE AND CANCSLLED. - Togetne~ w ith alt structures aRd improvements now and hereafter on said land, and fixtures attachcd Ihereto, and all ren:s, issues, proceeds. ar~~ profits accruing arn1 to accrue from said premixs, all of w~hich are included within the foregoing dacription and the habendum thereof: alw all gac, steam, electric, water, and c:her heating. cooking. refrigeraling. ::ghting, plumbing. ventilating, irrigating, and pow•er systems. machines, appliances. fixtures, and appurtenances, v?hich now are or may hercafter pn-tain to, or be uscd with, sn, or un ~aid premises, even though they be detachnl ax detachable_ TO HAVE AND TO HOLD the sama tog~ther with all and singular the tenements, hereditaments and appurtenances thereunta t+elonging or in an~~w:sc appertaining. ~nd the reversion and reversions. remainder or remaindors. rents. issurs, and profits thereof, and also all thc estate, right. title, interat. homestead. dow•ec arn1 right d dov?er, separate estate, possession, claim and dem•rnd whais~xver. as Kell in law• ac in equity. of the said mortgagor in and to the same, ared every parl thereof. v?•ith the appurtenances ot the said mortgagor in and to the same. and evrry part and parcel thereof unto the said mixtgagee in fee simple. And the mongagor hereby convcnants with the mortgagec that he is indefeasibly seizetif of said land in fee simple: that he has full power and lawtul right to convey the same in fee simplc as aforaaid: that it shall be Iawfu! for ~he mortgagee, at alt times pcaceably a:xi quietly to enter upon. hold. occupy. and enjoy said land, and every paA thereof; that the land is and v?•ill remain free from alt crkumbrancec: that said mortgagor w~ill male such further acsurances to prove the fee simpte t~tle to said land in said mortgagee as may twe . rrawnably reyuired, and that said mortgagor does hereby fully warrant the tiUe to ~aid land, and evcry part thereof, and w ill defceKl the ,:~me aRainst the law~ful claims of all persons wf?omwever. PROV IDED ALWAYS. and these presents are executod and delivered upvn the following conditions, to v~it: The mortgagor agrees to pay the mongagee. or order, the principal sum of $~{?ENT$EN TBpDSAND FIVE HtJNDRED FIFTY AND ~C' J 100--~iBars IS ~SSQ.QQ as evidenced by a note of even date hrrewith, w•ith interest from date at the C~~t7j. ~ rate o( seven per centum 1 7'~'o) Per annum on the unpaid balaoce until paid. The said principal and interest shall be Payable at the office of StOCiCtOII ~ tiihatley, D81/~II br CO~pBII~I 100 idest Bay Street Jacksoaville, F2orida 32202 or at wch other place as the holder of the note may designate in writing. in monthty installments of Qj,~g ~D SIXT8F.~1 AND $8~1~~-~ ~.r~ r.Doltars IS 11fi . commencing on the first day of ~pMl . 19 73 and on the first day of each month thereafter until the prirtcipal and intcrest a:c fully paid, eacept that the final payment of pnncipal and interest. if not sooner paid, shaU be due arK! payable on Ihe first aay oi March 2003 • And shall duly, promQtly, and fully perfarm, discharge, exccutt, ~fTect, complete, and comply with and abide by each and every the stipulations, agrtements, conditions, and corenants of said promissory note and d this mortgage, then this mortgage and thc estate hcreby created ~hall cease and be null and vad. And the rrwrtgagar funher covenants as follov?s: 1. rhat hc aell pay the indebtcJness, as hereinbefore pmvided. Pri~ilcge is rescrveil to pay the debt in whole, or in an amount equal to one or more nx~mhly payments on the principal that arc next due on the note. on the first day of aoy month prior to mawrity: Itinrid~d. huwevcr, that written notice of an intentiun to uercise su~h privilege is gir•en at least thirty 1301 Jays prior tu prepayment: •rnd. proviJed further. that in the event the debt is paid in full p~ior to maturity and at that tirt~e it is insured under the provisions of the National Nousing Act. he will pay to the rtwrtgagee an adjutted prcmium charge of one E?er centu~ii 11 ~ 1 of the origina! principal amoum tbereot. eccept that no adjasted prer.ii~m charRe sha11 be dur or payable ?.here payment in lutl ~s maAe after the due date oi the i2Gth s~-heduledpa ~mentaod in no e~ent ~hall the adjusted ~remium eaceed the ag~tregate amount o( premium charges which woald have been payable if this )lortqa~e had continued to be intiurcd until maturit}-, such payment tn be applied b~ tAe mort~agee upon itc ubli~ation to th~ ~ecretarv of Nou~inR and 1'tbaa Decelopmenl on account o( mortRage insurance. O_e TMIS IN4TRUME~7T FRFo+'R~D FV 4~a~tf'r ~.~2V~Q ~vrK ,r.~r~ J ABSTRACT ~ rir F _ zoa s. 2NO sT. Fo~T o;E~~~ _ 'r . - ~ ~3 ~ ~ ,t C 7. F ~ . ,~'r. ~s ~ ~ w ~ ~ wa~-~~,~.~ ' y y~ k, "3 ~ ~I .+T ~r.T.'~ ~i' ~'C~i.~x~~ a . ~'w" _ ~ ~ . _ 7t a . ~~'-:n_~