HomeMy WebLinkAbout2040 ~49185 sT-23,945 ~ ~
SWD # 9628~8
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STATE OF flOR10A • ~ ~a~ P~ant -
~ ,C ~[I~ ~~g pf 19n• r. t~ Tbis fam is usad in comettiun
FNA FORM NO 2110 m ~ pM GA4S ~,~E~ 71-1~?• Y with moR~ages instued under the
R~vls~d Irwch 19i'! ~~yyrli s0 ~q~ l01~~ ~p,~ p} onr to four-tam~ly prorisians ot
~ the National Housin~ Act.
~ MORTGAGE
THIS MORTGwGE. daiod che 2et day of February . A. D. 1973 . by and
between ARTHUR WILLUMS actd RVrH B. NII.LIAMS~ his wife •
hereinattu calkd the mortga~or, and .
STOC~ON, WHNTLBY,. DAVZN ~ CO1rII'ANY
. a corporat~on o~aaiud and eacisting under tAe laws of
State of Florida , hercinaRe~ cal~oa ihe mon~ee,
WITNESSEiH, that k_ divers aood and vduable considerations. and siso in co~nidaatian of the agge~ate sum named ia the
promissory note hereiaafter describod. thc said monsa~or does hereby ~ant. bugain~ se11~ aliea. oemis~ relsse. conver. ~d con6~m unto
the said mortaagee dl that certain piecc. p~rcd. or trsct of land of which the said nwirt~or is now seized and possessed sad ia sctual
Possessioa, sit~ate in the county of _
St. LuC~e and State of Florida, described u fdlows:
Lot 325, Sheraton Plaza, Unit Four, Replat, according
to t6e Plat thereof as recorded in Ylat Book 16, page
18 of the Public Records of t~t. Lucie County, Florida.
Together with the following item8 of property which are
located in and permanently installed ae a part of the improve~ents
~ on said land:
RANGB OOLUI~IDUS, 1~DEI. 34G, S~IAL NUMBffit 43856
RANGB.IiUOD: MIAMI CARSY, HUDBL 3730
SPACS HE~iTffit: FQtSAII~B, IipDEi, 465F
The expr,zss enumberatioa af the foregoing items shall aot be
deemed to limit or restrict the applicability of any other
language describing in generai terms other propcrty intended
to be covered hereby.
STATB DOCUI~FPARY STAI~S AFFIXED TO THS ORIGINAL NOTE AND CANC$LLgDa
Together with a!I structu~es and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, iswes,
proceeds, and profits aceruing and to acerue from said premises, all of which are ir?cluded within the foregoing description and the
hab:ndum thcrtof: also all gas, steam, electric:water, an~ other heating, cooking, refrigerating, fighting, plumbing, ventilating, irrigating.
and power rystems, machines. appliances, fixture~. and appurtenances, which now are ur may hereafter penain to, or Ix used with, in, or
on said premixs, even Ihough they be detacAed or dttachable. .
TO HAVE AND TO HOLD the same, togtther with all and singular the tenements, haeditaments and appurtenances thaeunto
hlonging or in anywix appenaining, and the revcrsion and revzRions, remainder or ~emainders, renes, issues, and profits thereot and
atso atl the estatc, right, title, intcrest, homestcad, dower and right of dower, xparate estatq possession, claim and demand whatsoever, as
well in law• as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtonances of the said mortgagor in
and•to the sarne, and eve~y part and parcel thereof unto the said maigagee in fee simple.
And the mortgagor hereby convertants with the mortgagee that he is indefeasibly seized of said land in fee simpl~; that he has full
power and lawful right to convey the same in fee simple as atoresaid; that it shall be lawful for the mortgagec, at all tima peaceabty and
quietly to rnter upon, hoW, occupy, and enjoy saiJ land, and every part thereof; that the iand is and v~•itl remain frce from all
encumbrances; that said mongagor will make such further assurances to prove the fee simple tiUe to said land in said mortgagec as may be
reawnably required. and that said mortgagor does hereby fully warrant the tiUe to said land. and every part the~eof, and will defend the
sarrse against thc lawful claims of all persvns whomsoever.
PROV IDED 4LWAYS, and these presents are executed and deliverod upon the followiag conditions, to wit:
The mortgagor sgees to pay the mortgagee, or order, the principal sum of EIGHTE]~ THOUSAND AND N4/100
Do11ars (S 18~00~.~ as eviderKed by a notc of oven date hcrcwith, with intrrest from date at the
rate of seven per centum ( ~ 5fe 3 per annum on the unpaid balance
~ntil paid. The said principal and interest shall be payabte at the oftice of StOC1CtOA ~ Whatley, Davin bc C4~18Ay ~
100 West Bay Street, Jacksonville, Florida
or at such other place as the holde~ of the note may des~gnate in writing. in monthly installments of pNg ~~gp NINETF~N
AND 58/l0d pollars (S 119.58 com~nencing on
the first day of April , 19 73 , and on the first day of tach month thereaftc~ until the principal
ar~d interest are fully paid, except that the firt~ pay+rnni of princepal and interest, if nW sooner paid, shall be due and payable on the first
day ~t 2~iarch ~ 2003 .
And shall duly, promptly, and fully porform, discharge, execute, eflect, complete, and comply with and abide by each and every
thc stipulations, ageements, conditions, and covenants of said promissory note and d this mortgage, then this mortgage and the estate
bcreby created shall ceav, and be null and void_
And the rtr~rtgagor further covenants as follows:
1. Thal he wilt pay the incicbt.-dness, as hereint+efore provided. Privilege is res~rved to pay the debt in whde. cx in an amount equal -
to one or mvre munthly payments on thc principal thai are ne=2 due on tht note, on the firs~ day of any month prior to maturity: /'rorided,
however, that written nWice of an intention to eaercix such privilege is given at least thirty 1 i0? Jays prior to prepayment: and, provided
further. that in tht event lhc debt is paid in full prior t~ maturity and at thal time it is insured uncler the provssions of the Nativnal
Hou~ing Act. he witl pay [o the mortgagee an adjusted premium rharge of one per centum 1 I". 1 of the original principal amount thereof,
e~cept that no adjusted prer.~ium charge shall be due or payable ~~here payment in fu:l ~s made after the du~ aate oi tne i[pth
~~hedulcd payment and ia nu e~•ent ~hall the adjusted premium eaceed t6e aggregate amount of premium c6ar~es which woutd have
been pa}abi~ if this ~Iortga~tP h~d coatinued to be ensured antil maturity, such paymeat to 6e applied by the mottEtagee apon its
obliRation to the Secretan o( 1{nu~inR and l: b n De~•elopment un account of mort~aRe iosurance.
~~~11 203~ THI$ INSTRUMENT PREPAAED AV-w$lt~ E• Da~~$
~~i.~X .v rAGt ABSTRACT & T ~rt F= C^.: z' c~r A
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