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HomeMy WebLinkAbout0634 R .n,.f~~v ~ . . ~ ~ , - t _ ~tt ~ cnt ST-23,268 SND ~ .962893 'i • 8TATE OF FIORIDA 2~095 This form is used in comectio~ FHA FORM NO 2/10 m with mat~a~es inw?ed unde? the R~vls~d A1ac1~ 1972 One- to tour•tamily provisions of the National HousinQ Act. MORTGAGE ~ TH1S MORTGAGE, datod the lst day of March , A. D. 19 73 , by and ~~WKp C. D. GRANT and ANNIE GRAI~, his wife , hereinatter called the mortgagor. and STOCfiPON, WHATLEY, DAVIN & OOI~ANY . a torporatioa organeud and existing under the laws of State of F2orida .1m~~nafcer cal~ea the mcxtgagee> WITNESSETH, that for diven good and valuabie considerations, and aLw in considastion of the aggregatc sum namod in the promissory ~ote hereinafter described. tt~e said mortQagor does hereby grant, bargain. sel~, alieu~ remix, rclase. coavty. and confirm unto the said mortgagee all that certain piece. parcel. or tract of land of which the said mortgagor is now seiud and possessed and in act~a! possession. sitwte in tt~e county of St. Lucie and State of ~lorida, described as fdlows: Lot 340, 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. ~ g~A Together with the fallowing items of property which are ~ ~ located in and percnanently installed as a part of the improvements on said land: 4 W RANGS: ORBON, MODEL G-30, SBRIAI. NUl~ER 42013 ~:g h RA,yGB HOOD: MIAMI CAREY, MODffi. 3730 V~ W w~ SPACB HEAT$R: DBARBORN, I~DEL DVF-65 . : X . The express enumberation of the foregoing items shall o~ not be deemed to limit or restrict the applicability ~ of any other language describiag in general texms other ~ property intended to be covered hereby. ` State Documentary Stamps affixed to the original note and cancelled. RE-RECORDING TO CORREGT MATURITY DATE. Togcther with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues, procceds, and profits accruing and to accrue from said premixs, all of which are included within the foregoing description and the habendum thercof: also all gas, stoam, elatric, water, and other heating, cooking, refrigeratiag, lighting, plumbirtg, veniilaEing. irrigating. and power systems, machines. applianccs, fixwres, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or on said premises, even though they be detached or detachable. TO HAVE ANO TO HOLD the samc, together with all and singular the tenements, hereditamenis and appurtenances thueunto bclonging or in anywise appenaining, and lhe reversion and reversions, remainder or remainders. rents, issues, and profits thereof, and also all the estate, right, tide, interest, homestead, dower and right of dower, separate estate, possession, claim and demand whatscever, as well in (aw as in equity. of the said mortgagor in and to the same, and every part thereof, with the apparienanccs of the said mongagor in and to the same, and every pan and parcel thereof unto the said mortgagee in fce simple. - And the mongagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full powa and lawful right to convey the same in fee simple ai aforesaid; that it shall be lawful for the mortgageq at all times peaccably and quietly to enter upon, hold, occupy, and ery'oy said land, and every part thereof; that the land is and will remain tree from all encumbrances; that said mortgagor will make such further assucances 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 pan thereof. and will defend the J same against the lawful claims of all persons whomsoever_ PROV IDED ALWAYS. and thex presenu are executed and deliverod upon the following conditions, to wit: " The mortgagor agees to pay the mortgagee, or order, the prinapal sum of EIGHTEEN THOUSAND EIGHP HUNDRED & NO/100 ~ Dollars (S I$ ~$~O.dO as evidenced by a note of even date herewith, with interat frum date at the ' race of seven pcr centum ( 7 ~Xo) per annum on the unpaid balance until paid. The said principat and intcrest shall be payable at tht office of $ tOCktOit ~ W2i8t Z@}~ ~ Davin & Company, 100 West Bay Street, Jacksonville, Flozida or at sucb other place as the holder of the note may designate iq writing, in monthly installments of ONE HUNBRED TWE~ ~I~ ~ and 21/100 Dollars(5125.21 ).commcnc~ngon ~ the first day of j.~y , 19 73 , and on the first day of each month thercafta until the principal ~ and interest arc fully paid, except that the final payment of principal and interest, if not sooner paid. shall be due and payable on the first day of April , 2003 e0~ ; And shall duty. promptty, and fully paform, dischar e execute, effect~ com lete, and com ~ 8• p ply with and abide by cach and every _ the uipulations, a,~eements, conditions, and covenants of said promissory note and of this mortgage, then this mongage and the estate _ ~ hereby created shall cease and be null and void. ~ And the mortgagor tunher covenants as follows: 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is rexrved to pay the debt in whole, or in an amount equal ~ to one or more monthly paymonts on the principal that are next due on the note, on the first day of any month prior to maturity: I~ovid~d, ~o however, that written notice of an intention to eaercise such privilege is given at least thirty 130) days prior to prepayment: and. provided ° further, that in the event the debl is paid in full prior to maturity and at that time it is insured under the provisions of the National - .i, Housing Act, he will pay to tht mortgagee an adjusted premium charge d one per centum 11 ~Xr ? of the aiginal principal amount thereof. except that no adjusted premium charge shall be due or payable »here paymen~ ia iufl is made after the due date oi tne J20th scheduled payment ead in no event shall the adjusted premium exceed the a~gregate amouot o( premium charges N hich would have been payable if this ~lortgage had continued to be insured aotil maturity, such paymeot to be applied br t6e mortgagee upon its obtiRation to the ~ecrctary of ~ops~Q~}~ 3nd Urban Developmeot on accouat of mortgage insurance. ~~~j~ / i~ VA~~ THIi tNSTRUMENT PpEPAREO ~Y~ ~alter ~aV18 j~r'~ V ABSTRACT ~ TITLE CORP. OF FLA 203 S. 4N0 ST. fORT P~ERCE. FLO~; ~i ~ r' ~ ~ _ , - i ~ t R ~r 4 ; : =~i , , -y. - ~i ~ .