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HomeMy WebLinkAbout1935 ~ 24`~ SWD ~962885 094-073301-235 STATE OP flORtOA This fo~m is used i~ co~nettion FNA FORM NO 2110 ~n with mort~ages insu~ed under the R~vis~d 1Ae~cA 197~ one~ to four-family provisions of the National Housing Act. 1~iORTGAGE THIS AtURTaAGE, datai the lSt. day of PPbYU8Y~1 , A. D. 19 73 . by and ~~wK~ HARRY H. LANRENCB and ANNA MAE LAHRENCE, H18 wife . hereinaflcr called tl~e mortgagor. artd STOCKTON , {~1HATLEY , DAVIN & COI~ANY . a corporation o~ganizod and existina under the laws of State of Florida . ht~tinafta callcd the mortga`ee. WITN£SSETH, that for divers gaod and valuable co~side~atans, and a!w in consideration of the agaresate sum named in the promissary aote hereioaRer dac~ibed, the said mrxtgagor doa heroby ~rant, bsrgaia, se!!. alien, remise, ~elase. convey. and con6~m uato the said mo~tgaate ali that ctrtai~ piece, parcel. or tract of land of which the said mortgagor is now seiud and possessed and in acwal possession, situstc in the county o[ St. Lueie and State of Florida, described as fdiows: Lot 332, SHERATON PLAZA UNIT 4, REPLAT, according to the Plat ther~of as recorded in Plat Book 16, page 1B of the Public Records of St. Lucie County, Florida. Together with the follawing items of property which are located in and permanently installed as a part of the improven~ents on said land: RANGE: COLUl~US MODEL #34G, SERIAL NUI~ER 43841 RANGE ROOD: MLA?Q CE.REY, MQDEL 3730 S~ACE H£ATER: FORSAIRE, MODEL 465F The express enumberation of the foregoing items shall not be deemed to limit or restrict the applicability of any other language describing in general terms other property intended to be covered hereby. 5~ ~ Z 3~ iN PAYMQR OF TAXES _ ~Uf ON CLJISS 'C iNTAN618tE PEl1S0lW- PRO~'ERn~ Pt1RSt1ANT TO q111PTER 71-131. IIGTS Of 19~1. ~qpFR POIT~It _ ~ c~aaut aou~ct. sr. o~, Fu~. . ~LT STATE DOCUI~I~TARY STAMPS AFFIXED TO THE ORIGI*IAL NOTE A*1D CANCELLED. Together with all wucwres and improvements now arni her~after on said land, and fiatures attached thereto, anJ all rents, eswes, procerds. and profits acc+-uing and to accrue from said premises. all of wbich are included within the foregoing descriptan arid the habendum thereof: also all ~as, steam, electrec, water. and other hrating, cooking. refrigerating, lighting, plumbing. ventilating, irrigating, an.i pow•er systems, machines, appliantes. fixtures. and appunenances. which now are or may hereafter penain to, or be used with. in. or on said premixs, evrn though they be detached or detaclSable. TO HAVE AND TO HOLD the same. together with all and singular the tcnements, hercditaments an~i appunenances thcreunto belonging o~ in anywise appertaining, and the reversion and reversions, remainder or rcmaindcrs, rents, issurs, and profits thercof, and also all the rstate, right, tide, interest, homestead. dower and right of dow•er, sepa~ate estate, possession, claim and demanci whatscever, as well in lavr as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the saiel mongagor in anJ tu the same, and every part and pazcel thereof unto the said mortgagc~ en fee simple_ - And the mortgagor hrreby conveoants with the mortgagee that he is indefcasibly seized of said land i~ fee simple; that he has full power and lawful right W convey the same in fee simple at aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and quietly to enter upon. hold, occupy, and enjoy said land. anJ every part therrnf; that the larx! is anJ x~ill remain free from ail encumbrantes: that said mortgagor will make sucb further assurances to prove the fee simple tiUe to said larxl in said m~xtgagee as may be reawnably required. and that said mortgagor dc~es hereby fulty warrant the tiUe to said larxl. and every part Ihereuf, and will defenc! the wme against th~ lawful claims of all persons whumsoever. PROV IDED ,~1LWAY'S. and thcse presents are executed and delivered upon ttx folbwing conditioas, to wit: The mortgagor agees to pay the mortgagee, or order. ~he principa! sum of SEVENTEEN THOiJSAND SEVEN HUt7DRED FIF1'Y I~iND x00-~~ ~s 17 ~ ~5~ as evidenced by a note of even date hercwith, with interest from date at the rate of Seye~ per centum 1~ ] `ir 1 per annum on the unpaid balance until paid. The said princips! and interest shall be payable at thc office of Stoektan, Whetley ~ Davin ~ COmp8t13t 100 West Bay Street Jacksrnnville, Florida 32202 ar at wch other place as the hoMer of the note may designate in writing, in monthty instailments of O~TF. HUAIDRED EIGHTEIId AND 22 /100------------------------------~--------_ik~llars tS 118. 22 ~ comniencing on the 5rst day of :•igYCh . 1973 , and on the first day of each month thereafter until the principal arxf interest are fully aaid, eccept that the final payment of principal and interest, if not sooner paid. shall be due and payable un the first ~~y- Uf February , 200? ~ ~ And shall duly, promptly, and fully perform, discharge, execute, effect. complete, and comply with and abide by each and every the stipulations, a~r~ements. conditions, and covenants of said promissory note snd of this mcxtgage, thrn thic uwrtgagc and the estatc hcreby created shall cease and be null and void. :1nJ thc mortgagur furlher cuvenanh ac folluw~s: 1. -fhat he M~II pay the indebteciocss_ a~ hereintxfore providecf. Privilege is reservcd to pay the d~bt in wholt, or in an amount equai to unc ur mvre rtwnthly paymerts.rn the prencrpal lhat are next due on the nate, on the first day olany month prior to maturity: ly~n•ide•J. buwe.~er. that u ritten notice of an mtenuon to e~ercise such privilege i~ grvrn at Icast thirty 1301 days priix to prepayment: and. provided further, tnai :n !he event the debt is paW in full prior to malurity and at that time it is insured under the provisions of the National Housing :1ct, he will pay~ to the murtgagee an adjusted premium charge of une per centum 11'~'~ 1 of the original principai amcwnt thercof. ec~ept that no adjusted premium charge shall be due or pavable ti.herc paymcnt in tu~l t~ madc after tAc duc Catr oi the 120th s~ neduledpa vment and in no Fc~nt shall the ad~u~ted premium e~ceed the aRRrP~ate amoaot o( premium charRes rhich would have bc~n payabte if this ~lort~ag~ had continned to bc insured until maturity, such pa~meot to be applied b~ the rmon~ea~ee upoa its obliRation the ~ectetan~ ot flou::inR and I~rLan Dc.elopmrat oo account of mortqege insurance. 0 R ~/1 TM~s in,:rRUw~nr we~,?aco ev~ Walter E. Davis aQ(~fvi1 P~i[1~3 ABSTRAGT L Tt"'_" C.^^'' A _ - - 2u3 S. ...J ST - fO/:: P E.,:.:. b , z ' ~ ~ ' _i - . . ~ t„ ' ~ ~ ~ ~~y .l'~ i 1~?~~~ ~ ~-~g~ ~~~~k" .T - G ~"1.~ .7% - " - .'~'%~`..tN._..~"'+. . _ . _ ~",n.r.Y