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HomeMy WebLinkAbout0628 ~5V33S ~ . ~Zc - ~1c c u? C , ~ ~ ST-23 06y SWD # 963714 ~ ~ f~ STATE OF FlOR10A fb ~,E,~,,~9t~ ~ N+~ This iwm is used in connection fHA fORM NO 2110 m ~~S with rtqAgaQes insured under the R•~is.d r1wc1~ 1972 ~~rC_,s~E.~~s~,~ ~e- to four-family p~ovisions of ~ ~ ~ Q~~~- the Natiawl Housin~ Act. MORTGAGE o94-0~3234- 23s a~' THlS MORTGAGE. dated the lSt ~Y d~ MBLCh . A. D. 1973 . by and between JOHN BBADFORII, JR. and MARY FRANCES BRADFORD, his wife , hereinafler called the mortp~or. and STOCICPON ~ 1n1 HA o~'rp Ydion or~xanxi~ ana ezistAing undu the taws of State of Florida . nercinatiier cai~oa cne morcgagee. WITNESSETH. that for divers good and valuable considerations. and also in consideration of the agaregate sum namod in the ~ promissory note hereiaattu dacribed. the said mortgsgor does hereby grant. bargaim sell, alien. remise, relase. co~vey. and confirm unto the said mortassee all that certain piece. parcel. or tract of land of which the said mortgagor is now seiud and poa~ed aad in actual possession. situate in the county of St . Lueie and State of Florida, dac~ibed as follows: ~ s i Lot 265, Sheraton Plaza, Unit Four, Replat, according to the - Plat thereof as recorded in Plat Book 16, page 18 of the Public Records of St. Lucie County, Florida. ~ _ ~ Together with the following items of property which are located ~ in and permanently installed as a part of the improvementa on said land: RANGB: ORB4N, 1~DBL G-30, SERTAL NtJHIDBR 4I991 RANGB HOOD: MIAMI CAREY, MODffi. 3730 SPACS HBATBR: DEARBORN, MODffi, DVF-65 The express enumberation of the foregoing itema shall not be deemed to limit or restrict the applicability of any other language deacribing ; in geaeral terms other property intended to be covered hereby. ; T State Documentary Stamps affixed to the origina2 note and cancel2ed. RE-RHCORDING TO OORRECT MATURITY DATE. ~ ~ ~ Together with all structura and improvements now and hercafter on said land, arx! fiatuses attached thereto, and all renu, issues. proceeds, ared profits accruing a~ to accrue from said premises, all of which are included within the foregoing description and the habendum thereof: also all gas. steam, elcctric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irngating, and power systems, machines, apptianees. fiztures, and appurtenances, which now are or may horeafter penain to, or be used with, in, or on said premises. even though they be detached or detxhable. TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditamcna and appurtenances thereuntv ? belonging or in anywise appertaining. and the reversion and reversions, remainder or remainders, renLs, issua, and profits thereof, and also al! the estat~, right. title, interest, homestead, dower and right of dower, scparate estate, passession, claim and demand whatsoever, as well in law as in oquity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in and to the same, and every part and parccl the~eof unto the said mortgagee in fee simple~ And the mortgagor hereby convenants with the mortgagee that he is indefeasibty seized of said land in fee simple: that he has full power and lawfiil right to convey the same in fee simple as aforesaid; that it shall be lawful for thc mortgagee, at a!1 times peaceably and quietty to enter upon. hold, accupy. aod enjoy said land, and every part thereof: that the land is and will remain free from all encumbrances: that said mortgagor will make such further assurances to prove the fee simple tiUe to said land in said mongagee as may be reasonably required, and that said mortgagor dces hereby fulty warrant the titte to said land. and every part thereof, and will defend the same against the lawfu! claims of all pe?sons whomsoever. ~ F PROV IDED ALWAYS. and these presents are executod and deliverod upon the folbwing conditions, to wit: J The mortgagof agees to pay tht mortgaget, or order, the principal sum of SEVENTEEN THOUSAND SEVEN HUNDREll FIFPY - Dollars IS 1] ~~50.~0 as evidenced by a note of even date hercwith, with interest from date at the _ ratc of g~p,n per cenwm ( 7 ~G ) per annum on the unpaid balance . until paid. The said principal and interest shall be payable at the otfice ot $tOC~CtOR ~~18t1E~ ~ DSVfII bc C01~8A~1 ~ ; 100 West Bay Street, Jacksonville, Florida or at such other ptace as the hoider of the note may daignate in writing, in monthly installments of ONE HUNDRED EIGHPEEN aAd 22/100 Dollars (S 118.22 commencing on the firat day of April . 19 73 , and on the first day of each month thereafter until the principal ~ and interest are fully paid, except that the final payment of principal and interat, if not sooner paid, shall be due and payable on the firat ~ day o~ March, 20~ Ja~ : . ~ And shall duly. promptly, an~Ily ~erform, discharge, execute, effcet, comptete, and comply with and abide by each and every . the siipulations. agreements, conditions, and covenants d said promissory note and d this matgage. then this mortgage and thc atate , Q hereby created shall cease and be null and void. ~ And the morigagor further covenants as follows: ~ 1. That he wiil pay the indebtodncss, as hereinbefore provided. Privilege is rescrved to pay the debt in whole, or in an amount equal T~ to one or more monthly payments on the principal that are neat due on the note. on the first day of aoy month prior to maturity: /'r~~?•id~d. however, that written notice of an intention to eaercise such privilege is given at teast thirty (30) days prior to prepayment: and, provided ~ further, that in the event the debt is Paid in ful! prior to maturity and at that time it is insured under the provisions of the National Q~ Housing Act, he will pay to the mortgagee an adjusted premium charge of one per centum 11 1 ot the original P~incipal amount thereof. v°~ except that no adjusted premium charge shall be due or payable ~.here payment ~n talF is made after the due oate oi tne 120th scheduled paymeni and ia no event shall the adjusted premium eaceed the aggregate amount o( premium charRes vchich would have been payable if this ~lortgage had contioued to be insured uatil maturity, such payment to be applied b~ the mortgagee opon its obligatioa to the Secretary oi HousinR aod ('rba9De~elo me~t oa accouot o( mortga~re insurance. `i .~~`'J~ Sj r+is INSTRUMENT PRFPApfO ev Wasg F Davi.e ~u_ :~1 r~a~,. / p ABSTRACT G TITi_=' CO' R' OF F': 4 . 208 i. =NDlT. iJRT P.kP~f:. 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