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HomeMy WebLinkAbout2972 3T-22,906 ;~,i 249849 SWD ~ 96Z173 ~ ~ . . . . P~~IM~ ..u,~~`~. STATE OF FlOR10A ~ qE;~+'~ ty~~~! ~~,E ~~g This fam is used ie comection FHA FORM MO 2110 ru ~~~N~'~1 ~'!A• p1? ' with mort~ages iowted under the R~vls~d MorcA 1972 ~~~Q~Ea ~,p\'(~~. one- to tour-familr p~ovisions o! ~ dt1~ ~p v- the Nationat Housi~ Act. i~,'' MORTGAGE TNIS MOR7GAGE. datod the 18t day of Februazy . A. D. 19 7$ . by and betwan GBORGB L. THOdNAS aad LOIS A. TH~?S~ h1s wife , herci~after u!!ed the mort~agar. and S1~QCICPON, WHATLEY, DAVYN ~ OOMPANY . a corporatioa or~anizod ancl eaistina under tht laws of State of Florida • ~'"'~t~ "1On~• WITNESSETH. that tor div~~s ~ood and valuable consideratans, and atso in consideration of the a~regate sum oamed in the promis~ory note hercinat~er describod. tAe said mortasgo~.:oa txrcby ~rant. bargaia. selt. alien. remise. relase, convey. and confirm unto - the said mongaaee aU that certain piece. parcel, or tract of lated of which the uid a~ortgagor is aow seiud and possessed and in acwal possession. sitwte in the couury of ~ St. LuCie ~ aod State of Florida, describod u follows: Lot 275, Sheratoa Plaza, lhiit Four, Replat, according to the Plat thereof as recorded in Plat Sook 16, page 18 of the Public Records o£ St. Lucie County, Florida. Together vith the following items of property which are located in and peraaaneutly installed as a part of the improvemente on said land: - RANGB: (~OLiJi~US, MODffi. 34G, SIItIAI, NUMBSR 52129 RANGE HOOD: MIAMI CAREY, MODSL 3730 SPACE HSNTBR: FORSAIRB, ZlODSL 465F The express enumberation of the foregoing iteme shall not be deaned to limit or reatrict the applicability of any other language describing in general terms other property intended to be covered hereby. STATg DOCUMEKTARY STAML'S AFFIXSb TO THE OBIGINAL NOTE AND CANCELLSD. Togethe~ w•ith all structures and improvertxnts now and hereaRer on said land, and fixtures attached thereto, and all rencs, iswes. procteds, and profits accruing and to accrue from said premises, a!1 of which are included within the foregoing description and the habendum thereof: aiso al! gas. steam. electric, water, and other heating, cookinLe, refrigerating, lighting, plumbing, ventilating, irrigating, and pQwe~ systems, machincs, appliances. fixwrrs, and appunenar~:es, w~h~ch now are or may hereafter penain tc. or be used with. in, or on said premises, even though they be detached or detachable. TO F!~?VE AND TO HOI_D the same, together with all and singular the tenements, hereditaments and appunenances thereunto. txlonging or in anywise appertaining. and Ine revcrsion and reversions, remainder or remainders, ren~s. issues, and profits thereof, and also all the estate, right, title, interest. homatead, dower and right of dower, separate estate, possession, claim a~ demand vvhatsoever, as well in !aw as in equity. ~f the said mcxtgagor in and to the same, and every part therrnt, with the appurtenances of thc said mortgagor in arxi to the same, a~xi every part and parcel thereof unto thr sai~ mesigagee in fee simple. And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized uf said land in fee simple; that F:e has full power and lawful right to comey the same in fee simple as aforesaid; that it shall be lawful [or the tnortgagee, at all times peactably and quietly to onter upon, hold. xcupy, and enjoy said land, and every part thereof; that the tand is and will rcmain free from all , encumbranca: that said mo~:~;agor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be reawnably required, and that said mortgagor ~~xs hercby fuUy Karram the tide to said land, and every part thereof. and w~i{I deterni the same against the IawCul claims of all persons N~homwever. PROV IDED ALWAYS, and these presents are executod and deliverod upen the following condii~ons, to wit: The mortgagor agces to pay the mortgagee, or order, the principa! sum of Eighteetl thot,sand $igh~ Aundred Fifty ih~llars fS i8~850.~ as evidenced by a note of even date hercwith, with interest from date at the rate of seven per centum ( ]~7c) per annum on thc unpaid balance until paid. The said principal and intaest shall be payable at the office of StOCiCtOII ~ Whatley, Davin b~ C01np8ri~? ~ 100 West Bay Street, Jacksonville, Florida or at such other place as the holder of the note may designate in writing, in monthly instaltmen~s of ONE HUNDRED Z1~T8NTY-FIYE aAd 54/100--------~---------------- Dol:ars (f 225.54 commencing on the fir~t day of April . f973 , and on the 6rst day of each mon~h thereafter until the principal and interest are ful(y paid, except that the final Qayrt~er.t of principal and interest. if not sooner paid, shall be due and payable on the first day of Merctt ~ 2003 . And shal! duly, promptly, and fully perform, discharge, execute, efTect, complete, and comply with and abide by each and every the stipulations, agreements, wnditions, and covenants of said promissory note and of this mwtgage, thrn this mortgage and the estate hereby created shall cease and be null and void. And the mortgagur funher covenants as follows: _ 1. That he will pay the indebtafness, as hereint~efore provided. Privilege is rescrved to pay the debt in whote, or in an amount equa! to one or more month(y paymcn[s on the principal that are next due on the note. nn the first day of any month prior to maturity: /'rorid~d. however, lbat uritten notice of an intention to eaercise such privilege is given at Ieas1 thirty 130) days prior to prepayment: and, provided furlher. that in thc event the dcbt is paid in full prior to maturity and at that time it is insured under the provisiorts of the National Housing Ac1, he will pay to the rtwrtgagee an aeljucteJ premium charge uf one per ceMum 11 1 of the original principal amount thereaf. except that no adjusted ptemium chargr shall be due or payaLte ~~hcre paymcnt m tutl ~s mad~ a(tcr tAc duc ~iate oi tnc 120th srheduled p,~ymeat and in uo e~•er.t ~hall the adjusted premium exceed the aggreRate amoant oi premium rhar~es which woold have Leea payablr if this 11ortRaRe had continucd to be insured until maturity, sach paymeat to be applicd bv the mortgagee upon itc obli~eation to the Secretary o( Hou~in~ and 1"r5an t)e.el~~pment oo account of mortRaRe insurance. t~alt@Y E DaV~3 (1 ~~~1 Tw~s INST~~.;rtE•.? v.~-~~,s:r~ nv 1 ~(;~r PS~'R A65TR11CT & SITI_f_ C.OrP OF FL~ F, R _ 20S B. YP:O QT. FORT P~ERGE. f..GR;;:A