HomeMy WebLinkAbout0631 ~ ~ ST-23,267
.LCCVic SWD f•162891
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BTATE OF FLORIOA ~0~~
This form is us~Ad in connectio~
FHA FORM NO 2110 m wiN mort~~es inswed under the
R•~1s.d I~Ao.eb 1972 one- to four•family provisions of i
the Nationsl Housing Act.
MORTGAGE s
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THIS MORTGAGE, datod the 18t day ot March , N. D. 19 73 . by and
baween COILBY JOHI~ISON and SALLY B. JOHNSON, hia taife ;
he~einafta calted the morc6agor. and
STOCI~fON, WHATI.EY, OAVIN 6 COt~ANY
, a corporation organiud and eziuing undcr the Iaws oi
~te of Flor~.dg , hereinatiercallcd the mortgagee,
WITNESSETH, that for dive?s good and valuable considerations, and also in co~idaation of the aggregate sum named ia the
promissory note hereinafter dacribed, the said mort~agor does hereby graat. bugain. se11, alien. nmise, ~elase. convey. and confirm unto
the said mortgagee all that urtain piece. parcei, or trxt of land of which the uid mongagor is now seized and possaxd and in actual
posassion. situate io the county of
St . Lue ie and State of Florida, dacribed u tollows:
Lot 338, Sheraton Plaza, IInit Four, Rep1aC, accordhg
Co the Plat thereof as recorded in Plat Book 16, page
18 of the Public Records of St. Lucie County, Florida.
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~ Together with the following items of property which
~~a ~ are located ia and permanently installed as a part of
$ the improvements on said land:
~ y W
d ~ RANGE_ORBON, MODEL G-30, SFRIAL NUI~ER 43885
3 itANGE HOOD : MIAMI CAItEY , MODEL ~ 30
p~^ g~ Space Heater: DEARBORN, r~DEL DVF•65
t~ ~ ~ ~
; The express enumberation of the foregoing items shall -
not be deemed to limit or restrict the applicability of
any other language describing in general Cerms ather
~ praperty intended to be covered hereby.
$ ~
~ State Documentary Stamps affixed to the original note and
cancelled. . - ~
RE~RF~C!URDING TO OORRHCT MATVRITY DATE. ~
Together with ail structurs and impfovements naw and hertafter on said land, and fixtures attached thercto, and aU rents, issues,
proceeds, and profits accruing and to accrue from said premises, ali of which are included within the foregoing description and the
habendum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigorating, iighting, plumbing, ventilatirtg, irrigating.
and power systems, machines, appliances, fiatures. and appurtenances, which now are or may hereafter pMain to, or be used with, in, or
on said premises, even though they tx detached or detachable. ,
TO HAVE AND TO HOI_D the same, together with all and singular the tenements. hereditamtnts and aPpurtenances thereunto
betonging or in anywise appertaieing, and ihe revcrsion and reversions, remainder or remainders, rents, issues, and profits thoreof, and
also all the estate, right, titlc, interest, homestead, dower arxi right of dower, separate estate, possession, 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 apPurteeances of the said mottgagor in
and to the same, and every part and parctl thereof unto the said mortgagee in fee simple.
4nd the mortgagor hereby convenants with the mortgagee that he is ~ndefeasibly uized of said land in fee simple; that he has full
power and Iawful right to convey the same in fee'simpte as aforesaid; ehat it shall be lawful for the mortgagee, at all times peaceably aad
quictty to ente~ upon, hold. occupy. and enjoy said land, and every pan thereof; that the land is and will remain free from all
encumbrances: that said morigagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be
reasonably required. and that said mortgagor does hereby fully warrant the title to said land, and every part tbereof, and will defend the
same agairut the lawful claims of all penons whomsoever.
PROV IDED ALWAYS, and these presents are executod and delivered upon the following ¢onditions, to wit:
The mortgagor agea to pay the mongag«, or order, the principal sum of EIGHTEE21 'i'~iOUSAND AND NO/100
~ Dollars (S 1$ ~00~ .0~ as evidenced by a note of even date herewith, with interest from date at the
~ rate of 8@VCri per centum ( 7 per annum on the uopaid balance
until paid. The said principal and interat shall be payable at the office of SCOCktOit, WhBtley ~ Davin & Company,
lOd West Bay Street, Jacksonville, Florida
or at such other place as the holder of the nole may dtsignate in writing, in monthly installments of ONE HUNDRED NINETEEN
~ AND 88 100 ~o1lars~f 119.88
~ ),commencingon
the first day of rs~y - . , 19 73. and on the 6rst day of each month thereafter until the principal
~ and interest are fully paid, e~t y~at~e final payment of principal and interest, if not sooner paid, shall be due and payablt on tf?e fitst
C'7 day of April ~ 2003 v~ •
~ And shall duly. promptly. and fully perform. discharge. exceute. effcct. complete, and comply with and abide by each and every
the uipulations, a~reements. conditions. and emenanu of said promissory note and d this mortgage, then this mortgage and the estate
hereby created shall cease aad be aull and vad.
~ And the mortgagor funher covenants as follows:
N 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal
to one o~ mixe monthly payments on ~he principal that are next due on the note, on ~he fint day of any month prior to maturity: !'ro?•ideA.
however, that written notice of an intention to exercise such privilege is given at teast thirty 130? days prior w prepayment: and. provided
further, that in the even! the dcbt is paid ~n full prior to maturity and at that time it is insu~ed under the provisions of the Natiopal
~o Ftousing Act, he will pay to the morlgaget an adjusled premium charge of une per centum 11 ot the.original principal amount thereof,
o except that no adjusted ptemium charge shall be due or payable «here payment in !u!1 is made alter the oue Aate oi the 120th
scheduledpaymentand in no event shal) the adjustedpremium e:ceedthe ~•;gregate amount of premium charges which would have
been payabie if this Wortga~te had continued to be insured until maturity, snch payment to be applied by the mortgegee upon its
obliRation to the Secretary of Houtiin~t aad Crbap Development oa account o! mort~aRe insurance. Walter E. Davis
~t * THIi INBTRUMENT PREPARED BY
L--' ~(t 321 AB6TRACT Gc TITLE CORP OF F~..A
20S 8. 2N0 9T. FdRT PIERCE. F1J)RiVA
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