HomeMy WebLinkAbout0326 ' ~ ST-~3 ~268 • F~ ; ,
7 SWD ,962893 =
aTATE OF FIORIDA 25U095
This form is used in connectlon
FHA FORM NO 2110 m with mort~aQes inswad unda~ the
a.~~..a wie«ti ~9n o~e- to tou~•tamily provisions of
the Nstional Houslr~ Act.
MORTGAGE
THIS MORTGAGE. dated the 19t day af March . A. D. 19 73 ~ by '
~~wap C. D. GRANT and ANNIE GRANT, his wife ,
hereinaRer called the morteator. and •
STOCICrON, WHATLSY, DAVIN ~ COIII'ANY
, a corporatio~ orsanized aad existin~ under the laws of
State of Florida . hereindter called tl~e mort~agee,
Wit'NESSETH. that for divers good and valuable co~uiderations. and also in considustion of Ux agarcgate sum named ia the
promissory note hereinatter described, che said mortp~or does hereby ~rant, bugaia, sell. alieo. remise, retase, convey, and con&m unto
the said mort~aaee all thst cenain piece. parcel. or trmct of land of which the said mort~or is now seizod and possesxd and in utual
posxssion. situate in the county of
St. Lueie ud S~ate of Florida, described as fdlows:
Lot 340, Sheraton Plasa, Unit Four, Replat, according
to the Plat thereof as recorded in Plat Book 16, page
~ 18 of the Public Records of St. I.ucie County, Florida.
`
Together with the following items of property which are
located in and permanently installed as a part of the
~ 8+ improvements on said land:
4 ~ W
RANGB: ORBON, MODffi, G-30, SffitIAL NtJMBER 42013
g h RANGS HOOD: M7AMI CAREY, MODEL 3730
~ r° SPACE HEATSR: DBARBORN, I~DEL DVF-65
~ ~ W W ~
t, The express enumberation of the foregoing items aha12
not be deemed to ILnit or reatrict the applicability
~ ~ of any other language describing in general terms other
~ property iatended to be covered hereby.
_
State Documentary Stamps affixed to Che original note
and cancelled.
Together with all structures and improvements now and hereafter on said Iand, antl fixtures atlached thereW, and all rents, issues,
proceeds, and profits accruing and to accrue from said premises, al( of which are included within the foregoing descript"aa and the
habendum thereof; also all gas, stearr~. tlocitic, water, and other heating, cooking, refrigerating. lighting. plumbing, ventilating. irrigating,
aod power systems, machines, appliances, fixtures, and appurtenances, which now are or may htreafter pertain to, or be used with. in, or
on said premists, even though they be detachod or detachabte.
TO HAVE AND TO HOLD the same. together with all and singular the tenements, hereditamenu and appurtenances thereunto
belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rcnts, issues, and profits thereof. and
also all the estate, right, title, interest. homestt~, dower and right of dower, separate estate. posscssion, claim and demand whatsoever, as
well in !aw as in equity, of the said mortgagor in a~ to the same, and every part theroot; with the appurtenances of the said mortgagor in
and to the same, and every part and parcel thereof unto the said mortgagce in fee simplo.
And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fet simple; that he has full
' power aud tawful right to convey the same in fee simple as aforesaid; that it shall be Iawful for the mortgagee, at all times peaceably and
quietly to enter upon, hold, occupy, and enjoy said land, and every part thereoF, that the land is and will remain frce Crom all
encumbranca: that said mortgagor will make such further assurances to prore the fee simple title to said land in said mortgagee as may be
' reasonably requircd, and that said mortgagor does hereby fully warrant the tide to said land, and every part thereof, and will defend the
same against the lawful claims of all persons whomsoever. _
PROVIDED ALWAYS. and these praents are exocuted and delivered upon the folbwing conditions, to wit:
The mortgagor a~ees to pay the mortgagee, or order, the principat sum of EIGHTEEN THOUSAND EIGHT HIJNDRED & NO/100
Dolfars (S 18 ~800.00 as evidenced by a note of even date herewith, with interest from date at the
~ate of seven per centum ( ~ 5b) per annum on the unpaid balance
until paid. The said principal and interest shall be payable at the office of StOCiCtOA~ Whatley, Davin bc COtnpBAy ~
lU0 West Bay Street, Jacksonvilie, Florida
or at such other place as the holder of the note may daignate in writing, in monthly installments of phg g~ggp ~{,~ENTY FIVE
and 21/100 no~~us ~i 125.21 ~ eommeoc~ng on
the first day of p~y , 19 73 , and on the first day of each month thercafta until the princ+pal
and interest are fully paid, except that the final payment of principal and interest. if not sooner paid, shall be due and payable on ihe fint
day of April, 2004 • .
And shall duly, promptly. and fully perfam. dischazge. execute, eH'ect. complete. and comply with and abide by each and every
the stipulations, agreemeats, conditions, and covenants of said promissory note and d this mortgage, then this mortgage and the estate
hereby created shall cease aad be null and vad.
And the mortgagor turther covenants as follows:
I. That he will pay the indebtedness, as horeinbefore providod. Privilege is reserved to pay the debt in whde. or in an amount equal
to one or more monlhly payments on the principal that are neat due on the note, on the first day of any rreonth prior to malurity: !'roti•idrd,
however, that written notice of an intention to exercise such privilege is given at least thirty 130) days p~ior to prepayment: and, provided
furiher, that in the event the debt is paid in full prior to maturity and at that time it is insured under the provisions of the National
Housing Act. he will pay to the mortgagee an adjusted premium charge of one per centum I1 ~!r ) of the aigina! principal amount thereof.
ercept that oo adjusted premium chatge shall be due or payable w6ere payroent ia lull is made after the aue date oi tne 120th
scheduled paymentand in oo event shell the adjnsted premium exceed the aggregate amount o( ptemium charges Nhich woold 6ave
Lren payable if this btortgage had continued to be inaured nati) maturity, snch paymeat to be applied by tLe mortgagee upon its
obli~tation to the Secretary oi ~lopsi ~ad Crban Development oa accouot o( mortgage iosuraace.
~ i~ 32fi ~+~s INSTRUMENT i'REPARED er- walter E. Davim
B~~~K ~AGt ABSTRACT ~ T~TI..E CORP_ OF FLA
20S S. 2ND ST. FORT P~ERCE. FLO4;De
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