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HomeMy WebLinkAbout0637 ~ ~~~3~ ST -23 , 240 , ~ ~WD #962184 8TATE OF FLORIDA ( This fam is used in connection ~ with nwKQa~es inswed under the FHA FORM NO Z110 m 'l D ~N d~ ~v,,' R~vis~d Mwch 1972 ~y ~ ~~'~t~s EV` o~e- to four-fsmily provisions of ,C ~~~i>> ~W"' ~E ~ che Nstional Housin~ Act. g~~ ~ MORTGAGE ~~,r~` ~y'` , c~' - THIS MORTGAGE. dated the 18t day of March , A. D. 19 73 . by and ~~W~~p ROBBRTA F. SYLVSSTffit, ~ separated woman , hereioafter called the mort~asor. and STOCKrON, wt~nTT.~, n~nvut ~ cor~At~t . a corporation orgaaized arid existing under the laws of StaCe of Florida • ~~~^~a ~'"Oft~~ WITNESSETH. that for divers good and vAluable considerations. and alw in co~ideratioa of the aggregate sum aamed in the promissory note hereinafler describod. the said mortSagor doa Nereby ~rant. bargain. sell. alien. remise. relase, convey. and con&m unto the said mortgagee sll that certain piece. parcel. or tract of land of which the said mongagor is now seiud and possessed aad ia acwai pcnsession, situste in thc county of St . Lueie and State of Florida. describod ac follows: Lot 286, Sheraton Plaza, Unit Four, Replat, according to the Plat thereof as recorded in Plat Book 16, page 18 of the Public Becords of SC. Lucie County, Florida. Together with the following items of property which are located in aad permanently installed as a part of the improvements on said land: RL~NGB: ORBON, MiODII. G-30, SERIAL NUI~IDER 52130 RANGB HOOD: MIAHI CARLY, MiODEL 3730 SPACB AFATER: DEARBORN, MODEL DVF-65 The express enumberation of the foregoing items ahall not be deemed to limit or restrict the applicability of any other language describing in general terms other property intended to be covered hereby. j STATS DOCU1~NrARY S~~S AFFIXED TO THE ORIGINAL NOTE AND j CANCEI.LED . ~ ~ RE-R'ECOPUING TO CORRECT !lATURITY DATB. Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues. procteds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description and the habendum therrnf; also all gas, steam, electric, water, and other heating, cooking, refrigerating. lighting, plumbing, ventilating, irrigating, and powu systems, machines, appliances. fixtures, 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 AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues, and profiu thcreof, and also all the estate, right, title, interat, homestead, dower and right of dower, separate estate, possasion, claim and demand whauoever, as well in law as in oquity, of ihe 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 parcel thereof unto the said mortgagee in fee simple- And the morigagor hereby convenants with the mortgagee that he is indefeasibly uized of said land in fee simple; that he has full power and Iavrfu! right to convey the same in fee simple as aforesaid; that it shall be Iawful for the mortgagee. at ap times pcaceably and quietly to enter upon, hold, occupy, and enjoy said land, and every part thereo! that the land is and will remain free from all encumbrances: that said mortgagor will make such furiher assuranca to prove the fee simple title to said land in said mortgagce 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 ot all persons v~homsoever. ~ PROV IDED ALWAYS, and these presents are exautod and delivered upon the folbwing conditions, to wit: The mortgagor agees to pay the mortgagee. or order, the principal sum of SIXTEEN T~USAND TWO HUNDR~ & NO/ 100 y ~s lfi ~200.00 az evidenced by a note of even date herewith, with interest from date at ihe ~ rate of seven per cenwm ( ~ 5fe) per annum on the unpaid balance J until paid_ The said principal and iirterest shall be payable at the office of StOC~CtOil ~ Whatley, D8V1II & COIDpaAy ~ ~ 100 WesC Bay Street, Jacksonville, Florida ~ ~ or at such other plxe as the holder of the note may designate in writing, in monthly installments of ONE HUNDRED S ~ AND $9/100 Do11ars IS 107 89 commencing on • ~ the first 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 interest, if not sooner paid, shall be due and payable on the first day of I~iarch, 200 3 R FQ % And shall duly, promptly, and fully perform. discharge, execute. effect, complete. and comply with and abide by each and every - the stipulations, agreements, conditions. and covenants of said promissory note and d this mortgage. then this mortgage and the atate hereby created shall cease and be null and vad. ~ And the mortgagor furiher covenants as follov?s: ~.r 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 or more monthly payments on the principal that are neat due on the note, on the first day of any month prior to maturity_ Providrd, however, that written notice of an intention to eaercise such privilege is given at least thirty 1301 days prior to prepayment: and, provided ~ furlher, that in the event 1he 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 (1'~ 1 of the original principal amount thereof. except that no adjosted premium charge shall be due or payable ~vhere paymeat in lull is made after the due date oi tne 120th schedutedpa yment and in no event shall the adjnsted premium e:ceed t6e aggregate amount ot premium charges which wonld 6ave . bern payable ii this Mortga6e had cootinued to be insured until maturity. such payment to be applied by the mortgagee upou its obliRation to the Secretary o( HousinR and ~rban Development on account o( mortgage iasurance. ~ Niti/ 244 THIS INSTRUMENT PRfPARE~ BY Walter DdV1S E~:~,~( F~AG2 ABSTRACT Q TITLE CORP OF F~A 20'J 8. 2ND ST. FORT P~ERCE ~ _ _ _ _ ~ ~ .,~i _x.