HomeMy WebLinkAbout1750 ST-23,067 SF1D # 963714
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S1ATE Uf FLORIDA ! ~
3 1~ 7his fpm is used in comQCtion
FHA FOAM KO Z110 T 1~`' vnth
1~ mortga~es insured under tha
R•~Is•d OAorcA 1972 '.(;~~Ea~~~~~~~~ one- to f0u~•family prOVisi~7r~s of
~~~g~' the National Housing ACt.
MORTGAGE
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THIS MORTGAGE, datod tAe 18t daY ~ March . A. D. 1973 , by and
bciween JOHN BRADFORD, JR. and MARY FRANCES BRADFORD, his u?ife ,
Aere+nafta calkd the ma ~g.yor. and
S1~OCKfON ~ idF~A
~~~ionoi,glanxi~ ana
ex~stAing uader the laws of
State of Florida . herr~nafier called the moctgaaee,
WRNESSETH, that for divers good and valuable c~niiderations, and atso ia consideratioa of the a~reEste sum namod in the
promissory note hersioafta dacribed. tho said mortgagor doa hereby Bant. bu~sin, sel1. alierr. remise, rslase, convey. and con6rm unto
the said mort~aaee aU that certain piece, parcel, or ersct of lud of whkh the said morlgagw is now seiud and pauessed and ia actual
possession. situate in the county ot
St . LuCi@ and State of Flo~ida, desc~ibcd as foilows:
Lot ?.65, Sheraton Flaza, Unit l~our, Replat, 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 ~followfng items of property which are located
in and permanently installed as A parL of the improvemenCs en
.said land:
RANGE: ORBON, 1~DEL G-30 SERIAL N[R~fiR 42991
RANGE HOOD: MIAMI CAREY, I~iODffi. 3730
SPACE NBATER: DFARBURN, MODfiL DVF-65
The express enumberation of the foregoing items shall not be deeaed
to limit or restrict the appZicability of any other language describing
in general tercns other property intended to be covered hereby.
State Documentary St~nps affixed to the original note and cancelled.
Together v~ith all uructures and improvements now and hereafter on said IanJ. and fixtures attached thereto, and all renu, issuec,
proceeJs. and profits ~cruing arxi ta xerue Rom said prcmises. a11 of which are ineluded withen the fortgaing descripieon aed the
habendum thereof; afso all gas. steam. clectric, water, and other heating, cooking. refrigerating. lighting, plumbing, ventilating, irrigating,
arxl power systems, machincs, appliances. Eitures, and apgurtrnancec, which now arc cu may hereaRer pertaia to, or be uud with, in, or
on said premius. even though they be detached or detachable.
TO NAYE ANiD TO HOI.D the same. together with all an~ singular the tenements, hercdilaments and appurtenanca thereunto
txlonging or in anywisc appertaining, and t' e rcvzrsion and reversians, remainder or remainders, rents, issues, and profits thereof, and
also all the estate, right, titte, interest, homestesd, dow-er and right of dower, separate estate. pos.ussion, claim and demand v~hatsoever, as
well in law as in equity, of the said mortgagor io ar?d to the came, and every pan thereo(, with the appunenaoces of the said mortgagor in
anci to the same. and every part and parcd thercof unto the said mortgagee in fee simple.
And tho martgagor hereby conve~ants with the mortgagee ihat he is indefeasibly seized of said land in fee simple: that he has full
power and lawful right to convey the same in fee simple as aforesaid: that it shall be lawful for the mortgagee, at aU tima peaceably and
quietly to enter upon. hold, occupy. and enjoy saiJ land, and every part thtreof: that the tand is and wil! remein free from all
~ encumbrances: that caid mortgagar wiN make uech further assurances to prove the fee simple litk to said land in said morigagce as may be ~
~ rrasonably required, and that said mortgagor does hereby fully warrant thc tide to said lanci. anJ rvcry pazt thcreof. and will defend the
~ same aRainst tht law•ful clairtts of all persons whomsa~ver.
PROV IDED ALWAYS. and these presentc are eza.utod and detivered upon the folbwing cort~itions. to wit:
The mortgagor agrees eo pay the mongagee, or orde~, tAe principal sum of SEVIIdTEEN 1'}IOUSAND SEVEN HiR1DRED FIFTY
Dottars (S j7~75Q.QQ as evidenced by a note of even datt hcrewith, with interest from date at the
rau of $even per centum 1 7 `~c ) pu annum on the unpaid batance
until paid. The said principal and interest shall be payable at thc office of StOClctOtt ~ ~ihatley, Davin 6c Co1IIpe~y ~
180 West Bay Street, Jacksonville, Florida
or at wch other place as the holder of the note may d~ignate in writing, in monthfy installmen~s of ONE HUNDRID EIGHfEEN
8Ad 22/10'J Doltars (S 118.2i 1. commencing on
the first Jay of Apri1 . 19 73 . and on the Srst day of each month ~hereafter until the principal
and interest are futly paid, eacept that the final payment of principa! and interest, if not sooner paid, shall be due and payable on the 6rst
day of Ma~rch, 200~+ .
Artd shall duly, promptly, and fully pn-form, discharge, eaecute, eftect, complete, and comply with and abide by each and every
the stipulations, agtemcnts, conditio~u, and covena~ts d said promissory nots and of this matgage, then !his mongage and thc estatc
hereby crwted shall cease and be nuU and vad.
And 1he murtgagur further:ovenants as folluvrs:
1. That hc will pay the indcbtedncss, as hereinbefore provided. Privilege is reccrvecl to ~ay thc debt in whole, or in an amount equal
to one or more rtwnlhty payments on the prirx;ipal that arr neat Jue on the note. on ~he first day of any month prior to maturity: 1'.r»
•rdtd.
hvw~cvcr. that Mritten nWice of an ~ntcntiun to excruse such privilege is givcn at leas! thirty 130) days prior to prepayment: and. ptovideJ
further, that in thc event the Jebt ~s pa~d m fuli prior to mat;::ity and at ihat tfine it is insured under the provisions of the Nationa)
Housing Act, he w itl pay tu the mortgagee an a~jucted ~+remium rharge of one per centum 11 ) of the orig:nal principal amvunt tbereot.
except that no adjusted prrmium charge shali be due o? pa~able ~.here pavment in tuil ~s made after the duP date ot lne ]20th
scheduled pay~R.eot and in no event shall the adjusted premium exceed the a~egreRate ameunt o( premium charges Nhich rrould have
bc•en palabie iI this ~tort~tage had continued tc be insured until maturit~, cuch payment to be applied b~ the mottgaqee upon its
obliRation to the ~PCretar~• o( Nou~inR and I~rbaa I)e~~elo eot on account o( mortRage iosutaoce.
fl~ 7 ~ns INSTRUMENT PP.EPrRED ev~J.altel' E.Davi.s
~U_ .~ir~ ~•~:~:1 j4~ ABSTRACT i.. T; r.~no OC c; ~
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