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SWD +-162891
aTATE OF F~ORIDA 2~92
This form is used in comection
FHA fORM NO 21 f 0 m with rtwtt~saes insurad u~ the
R.~i•~+ ~.~ti ~9n one- to fourdamily provisions of
tM Nstionsl Housin~ /~ct.
MORTGAGE
THIS MORTGAGE, daced the lst day ot March , A. D. t9 73 ~ by ~
between COILSY JOHNSON ,end SALLY B. JONNSON~ his wife ~ ~
hereinaRer calted the mortptor. and
s~cxroN, w~~.~r, n~?viN ~ co~ernr
. a corporation orssnized and ea~istin~ under the laws of -
~te of Florida . t?ereinafter ~ca~kd che mo~a~ee.
W~7'NESSETH. that for divers food and valuable consideratioas. and also in coasideruioa d the aure~ste sum oamed in the
promissory aote hereinatt~r described. the said mort~a~or does herebY Bran~ bargain. seU, die0. remise, relase. convey. aad con6rm uato
the aaid mortgaae.e all that certaia piece. paicel, or tract of land of which the said mon ~s aow seiud and
6~ia ~ P~d aad ia actus)
possessio~. situate in the couaty of "
St . Lucie and s~ace of Florida, descr;bed as tollows:
Lot 338, Sheraton Plaza, lJnit Four, Replat, accor~tg
to the Plat thereof as recorded in Plat Book 16, page
~ 18 of the Public Records of St. Lucie County, Florida.
~ .
~ Together wi.th the following items of propertq which
~ are located in and permaaently insCalled as a part of
$ the improvements on said land:
W
~ RANGE OR$ON, t~DEL G-30, S~tIAL NLTMt3SR 43885
RANGE HOOD: MIAMI CARBY, MODffi. 3~30
g~ Space Heater: DFI~RBORN, 1?fODffi. DVF-65
~ ~
The express enumberation of the foregoing iteme shall
not be deemed to limit or restrict the applicability of
~o ~ any other language deacribing in general terms other
~ property intended to be covered hereby.
~ ~
~ -
SCate Documentary Stamps affixed to the originsl aote and
caacelled.
Together with all structures and improvements now and hereafter on said land, and fixtura attachod thercto, and all rents, iswes,
proceeds, and profits accruing and to accrue from said premisa, ap of which arc included within the foregoin6 dacriptioa and the
habendum thercof; also all gas, steam, electric, water, and othen c~aten6, cooking, refrigerating, lighting, plumbina, ventilatina, irrigatina,
and power systems, machines, appliances, fixtures, and appurtenanca, which now are or may harafter pertain to, or be used with, ia, or
on said prcmises, even though they be detachod or detachabla
TO HAVE AND TO HOLD the same, together with all and singular the te~xments, hereditaments and appurtenances thaeunto
belonging or in anywise appertaining, and the reversion and revenions, remainder or remainders, rents. issues, and profits thereof, at~d
also all the estate, right, tide, interest. homatead, dower and right of dower, separate estate, poasess"an, claim and demand whatsoever, as
well in law as in aquiry, of the said morigagor in and to the same, and every part thereof, with lhe appurtenances of the said mortgagor ie
and to the same, and every part and parcel thereof unto the said mortgagee in fee simple.
And the mortgagon c~reby convenants with the mortgagee that he is indeftasibly seized d said land in fee simptt; that he has fult
power and lawful right to convey the same in fee simple as aforesaid; that it shall be Iawful for the mortaagee, at all times peaceaWy aod
quietly to enter upon, hold, accupy, and enjoy said land, and every pari thereof: that the land is and will rcmain free from all
encumbrances: that said mortgagor will make such funher assurances to prove the fee simple tiUe to said land in said mongagce as may be
reasonably reqoired, and that said mortgagor does hereby fully warrant the title to said land, and every part thereof. and will defend the
same against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, and these presents are e:ceutod and delivered upon the folbwingconditions, to wit:
The mort~agor agrees to pay the mortgagee, or order, the principal sum d EIGRTEEN TE~UUSAND AND NO/!00
Dollars lS 18 ~Od~.Q~ u evidenced by a note of tven date herewith, with interest from date at the
rate of seven per «nium ( 7 56) pa annum on the u
npaid balance
until paid. The said prirtcipal and interest sl~all be payable at the office d StoCktOn~ Whatley, Davin bc COmpsny ~
100 West Bay Street, Jacksonville, Florida
or at such other place ai the holder of the note may designate in writing, in monthly installments of ONE HUNDRED NINETffid
a~n ss/iao no~~~~s iis.es
commencins on
the firsc day of rTgy ~ , 19 73. and on the first day of each month thercafter until the principat
and interest arc fully paid. eacept that the final payment of princi4A' vid interest. if not sooner paid, sha11 be due and payable an the 6ra
day ot April ~ 2004 ,
And shall duty. promptty, and fully perform, dixhuge, exesutt, ef~ect. completa. and comply with and abide by each and every
the stipulations, agreements, tonditions, and covenanu d said promissory nate and of this morigaae, then this mortp~e and t?~e estate
hereby created ahall cease aad be null and vad.
And the mortgagor further covcnants as follows: _
1. That he will pay the indebtedness, as hereinbefore provided. Privilege is ~eservod to pay the debt in whok, or in an amount equal
to ont or more monthly payments on the principal that are next due on the note, on the first day of any month prior to maturitr: Prm•id~d.
however. that written notice of an intention w exercise wch privilege is given at leau thirty 130) days prior to prepayment; and. provided
further, that in the event the debt is paid in fuil prior to maturity and at that time it is inwred under the provisions d tht National
Nousing Act, he will pay to the mortgagee an adjusted premium charge of one per centum ( i~k ? of the original principal amount thsreot
e:cept that oo adjusted premium charge shall be due or payable ahere payment in fnll is made after the due date oi trte 120t6
scheduled peymeotand in no event shall the adjusted premiam e:ceed the aggre~ate amount o( premium char6ea w6ich woald 6ave
beeq payable i( this Mortgage had cootinued to be insured untit maturi~y, sach payment to be applied br t6e mortga6te opon its
obliRation to the Secretary ot Housing aacd Urban Development on account o( mortgase insurance. Walter E. Oavff
ft THIi INSTRUMENT PREPAREO BY
fACi ~21 A~TRA~%T ~ T~TLE CORP. OF FLA
G:; .
_ 20S f. 2N0 !T. fORT PIERGE, itfJR~Uk
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