HomeMy WebLinkAbout0640 250342 . 249i85
ST-22~905 -
~ u,~ ~ ~r~ SWD # 962878 i
~
STATE OF flOR10A • ~ ~~SpNN~ ~~R~~
~ED ,C ~~D1~?f ~`S pf 1111. ~ t This form is used in comtction
FHA FORM NO 2110 n1 ~ q1 G1?SS ~ 71•1~~ _ with mort~a~es inwred uode~ the
R.vla~d Mweh 19Y! ~~t~~ A~ Of1!- to f0u?damilr p?OVisiqlS oi
~1. the Nstionsl Housin~ Act.
~ MORTGAGE
~
THIS MORTGAGE. datod the 18t ~Y ~ February . A• ~9~3 . bY and
~~WK~ ARTHiJR FIILLIAMS and RUTH B. wILLIAMS, hia wife
he~einafla callod the monga~or, and ~ ;
s1~OCl~ox, WHATLSY, . DiAVIN ~ COI~ANY
, a ca'porauon orsanizod aad existing undor the laws of
State of Florid8 , AereinaRer called the mortsagee,
WITNESSETH, tAst for divers good and valuable considerations, and aiso in coosidaation of the aggrc~ate sum named in the
promissory note herei[ufter describod. the said aart~a~or does hereby ~rant. bargain. sell, alien. nmise, relase, convey. and confirm uato
the said nartpgce a!1 that certain piece. par~cel, or tract of land ot which the said mortpgor is now seiud and possessed and in actual
paasession. situate in the county d
St. Lucie and Sca~e ot Florida. describod as follows:
Lot 325, Sheraton Plaza, Uait Four, Replat, according
to the Plat thereof as recorded in Plat Book 16, page
18 of the Public Records o~ St. Lucie County, Florida.
T-ogether with the following items of property which are
located in and permaneatly installed as a part of the improvements
on said land:
RANGB OOLt11~US, MDDffi. 34G, SffitIAL NUl~BSR 438S6
RANGB HOOD: MIAMI CARKY, MODEL 3730
SPACB HEATBR: F~tSAIRB, I~iODA~ 465I~
The expre~a enumberation of the foregoing it~ms shall not be
deemed to limit or restrict the applicability of any other
language describing in general terma other property intended
to be covered hereby.
STATE DOCUM@1TARY STAI~S AFFIXED TO THB ORIGINAL NOTE AND CANCffi,LED.
RE-RECORDING TO QORRDCP PRINCIPAL AND INPEREST PAYl+II:NT FIGURE.
Together with all structures and improvements now and hereafter on said (and, and fixtures attachcd thereto, and all rents, issues.
proceeds, and profits accruing and to accn+e from said premises, aU of which aro included within the foregoing description and the
habendum thereof; also all gas, steam, electric, water, and othe~ heating, cooking, rcfrigerating, lighting, plumbing, ventilating, irrigating,
and power systems, machines, appliances, fixwres, and appurtenances, which now are or may hereafter pertair~ to, or be used with, in, or
on said premises, even though they !x detached or detacbable.
TO NAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto
belonging or in anywise appenaining, and the reversion and reversions. remainder or remainders, rents, issues.'and profits thereof, and
also all the atate, right, title, interest, homestead, dower and right of dower, separate estate, possassion, claim and demand whatsoever, as
well in law as in equity, ot the said mortgagor in and to the same, and every part thereof, with tF~e 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 rrbrtgagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fce simple; that he has full
power and lavrful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all times Qeaceably and
quietly to enter upon, hold, occupy, and enjoy said iand, and every part thereof: that the land is and will remain free from all
encumbrances: that said mortgagor will make such funher assurances to prove the fee simple title to said land in said mortgagee as may be
reasonably rcquired, and that said mortgagor does hereby tully warrant the title to said land, and every part thereof, and w~ill defend the
came against the lawful claims of all persons w~homsoever.
- PROVIDED ALWAYS, and these presents are exautod and delivercd upon the folbwing conditions, to wit:
~ The mortgagor agrees to pay the mortgagee, or order, the principal sum of EIGHTEEN T~i0U8AND AND NO/100
, Dollan IS 18~~0~.~ as evidenced by a note of even date herewith, with interest from date at the '
' rate of seven per cenwm ( ~ ~iTc ) per annum on the uapaid balauce
until paid. The said principal and interat shall be payable at the office of StOC1CtOA ~ Whatley, Davin b~ COID~BIIy ~
100 West Bay Street, Jacksonville, Florida
or at such other place as the holdor of thc note may designate in writing, in montAly instailmen ~ ONfi HU11D8ED NINETEF~I
AND $8/1Q0 Dollan IS 119.88 ~J? commencing on
~ the first day of April . 19 73 . and on the first day of each month thereafter until the principal
~ and interest arc fu!!y paid, except that the final payment of principal and interest, if not sooner paid, shall be duc and payable on the first
day ot March, 2003 ,
J And shall duly, promptly, and fully perform, discharge, execute, efi'eci, complete, and comply with and abide by each and every
~ the stipulations, agreements, conditions, and covenants ot said promissory note and af this martgage, then this morigage and ihe estate
her~by created shall cease and be nup and void.
~ And the mortgagor further covenants as follovvs:
1. 'ihat he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in wbde. or in an amount equal
~ to one or more monthly paymenis on the principal that are next duc on the note. on the first day of any momh prior to maturity: /'ro?•idrQ.
,c however, that written notict of an intention to eaercise such privilege is given at least thirty 1301 days prior to prepayment: and, provided
further. that in the event the debt is paid in full prior to maturity and at lhat time it is insured under Iht provisions of the National
Housing Act, he wdl pay to the mortgagee an adjusted premium charge of one per centum /1'~ ? of the aiginal principal amount thereof.
except that ao adjusted premium charge shall be due or payable where payment ia tuU ~s made aftet the due clate oi the 120th
scheduledpa yment and in oo eveat shalf the adjusted premium exceed the aggregate amouot o( premium charges Mhich would have
been payable if tbis ~1orlRag~ had continued to be insured oati) matu~ity. such payment to be applied by t6e mortgaRee opon ita
obliRation to the Secretary of NousinR and CJb~n (~~:elopment oAu accouot o( mortgage iasurance. Wa~~ ~ E. D8{(~8
U ~J _/O~~ TMIS INSTRUMENT PREPAPED 9V~
~~-1X ~,11 ~ac~ 4 ABSTRACT ~ T ITLr C'~'<P OF FC A
205 5. ?ND ST. FORT P E~'~S. F:-~.~.
. . . ;n ~.,::„y .a;
-~=s,.='
: