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HomeMy WebLinkAbout0645 `,?j 9T-23,357 . ~ SND ~ 96Z880 STATE OF FlOR10A _ 2Cnqw C ~~V~~~f~~ This torm is used i~ connectio~ FNA fORM NO 2110 m with mort~a~es insu~ed u~de~ the R~vls~d IiAsrel~ 1972 o~e- to four-tamily provisiw?s of the National Housirt~ Act. MORTGAGE i ; THIS MORTGAGE. dated the ISt ~y NerCh , A, p, 19 73 , by and j ~iWK~ TQ4lIS L. t~?RRISON, a single man t . ~ hereit~after called the mort~o~. and . 9rOC1CPON~ N~TLSY~ DAVIN & OONPANY . a corporation or~anized and existing under the Iaws af State of Florida , here;aafter ca~~oa ~ne mort~gee. WRNESSETH. that for divers goa! and valuablc coasideratans, and also in coruideration of the aggregate sum named in the pwmissory aote hereinafta described, the said mort~ag~or doa hereby gran~ bar~ain. sell. alien. rcmise. relase. convey. and confirm uato tt~e said mort~a~ee all that certain piece. parcel. or tract of lancf of which the said mort~aagor is now xiud and poasessed and in actua! possession. sitwte in the county of St. LuCi@ and State of Florida, describod u follows: t Lot 327, Sheraton Plaza, Unit Four, Replat, according ' to the Plat thereof as recordecl in Plat Book 16, page 18 of the Public Ibecords of St. Lucie County, Florida. ~ _ Toqether with the follawinq items of psoperty which are located in and permanently installed as a part of the improvements on said lands ~ ~ ~~I ~ y= RANGSz ORBON, MODSL G-30, SBRIAL N[~IBSR 52134 : d RAi~S f~: HIAI~lI CAI~Y~ MODffi. 3730 ~ p g; SPA(~ I~ATBR: DSAR80RN, l4~EL DVF-65 . ~W~~ The e~cpress enwnberation of the foregoing items shall not be - deemed to limit or restrict the applicability of any other Ianguaqe de- m~~ ~ scribing in general terms other prope~y intended to be covered hereby. ~ ~ $ ~ . ~ State Documentary Stamps affixed to the original note arrc] cancelled. Together with all suuctura and imptovements now and hereafter on said land, and fixtures attached thercto. and all rents, issucs, proceeds, and profits accruing and to accrue from said premises. all of which are included within the forcgoing descripi~on and the habendum thercof; also all gas, steam, ettctric, water, and aher heating, cooki~g, refrigerating, lighting, plumbing, ventilating, irrigating, and pow•er systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter ptriain to, or be used with, in, or on said premiscs, even though they bt detached or detachable. TO HAVE AND TO HOLD the same, togtther with a!1 and singular the tenements, hereditaments and appunenances thereunto bclonging or in anywise appertaining, and the rcversion and reversions, remainder or remainders, rents, issues, and profits thereof, and also all the atate, right. title, interat, homestead, dower and right of dower, separate estate, pos.xssan, claim and demand whatsoever, az well in law as in equiry, of the said mortgagor in and to the same, and every pan thereof. with the appurtenances of the said mortgagor in and to the same. and every part and parce) thereo[ unto the said mortgagee in fee simple. And the mortgagor hereby convcnants with the mortgagee that he is indefeasibly seized of said tand in fee simple: that he has ful! power and lawful right to convey the same ia fee simple as aforssaid; that it shall be Iavrful for the mortgagee, at all times peac~ably and quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof: that the land is and will remain free from all encumbranca: that said mortgagor will make such further assurances to provt the tee simple titte to said land in said mortgagce as may be reasonabiy required, and that said mortgagor doa hereby fully warrant the title to said land, and every part thereof, and will defend the same against the lawful claims of all persons whomsoever. ; PROV IDED ALWAYS. and these presents are exautod and delivered upon the tolbwing condiuons, to wit: The mortgagor agrees to pay the mortgag«, or order, the principal sum d SEVENPSBN THOpSAPD ~IINE tN@IDI~D & FIFTY Doltars 1t 17,950.00 j, as evidenced by a note of eren date hcrewith, wilh interest from date at the rate of gev@A per ccntum ( 7 56) per annum on the unpaid balance until paid. The said principal artd intaat shall be payable at the office of StOCktOA ~ Whatley, DeVlri & C01npHZ1y 100 t~est Bay Street, Jacksonville, Florida or at such other place as the holder of the note may designate in writing, in monthly installments of ONB ~JPDR~ NINRT~N AI~D 55/100 ~~~ars (S 119. 55 commencing on the first day of MB,~I , 19 73 , and on the first day of each month thereaRa until the principat and interest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and Qayable on the first day of April ~ 2003 - , And shall duly, promptly, and fully perform, discharge, execute, efiec~ complete, and comply with and abide by each and every the siipulations. ageements, conditions, and covenanu of said promissory note and d this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. And the mortgagor lurther covenanu as follows: 1. That he will pay the indebtodness, as hereinbefore provided. Privilege is reserved to pay thc debt in whole, or in an amount equal to one or more monthly payments on the principal that arc next due on the note, on the first day of any month prior to maturity: /'rovided, however, that written notice of an intention to exercise 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 Ihat time it is insured under 1he provisions of the National Housing Act, he will pay to the rtwrtgagee an adjusted premium chuge of one per centum (1 . 1 of the original principal amourtt thertof, except that oo adjusted prcmium cha~ge shall be due or payable where payment in tu:l is made after t6e due date oi the 120th scheduledpeyment and in no eveot shaU the adjusted premiuro eaceed t6e aRgregate amount of premium c6argea which would have beea Parable it ~his ~lortga6e had continued to be insured uatil msturity, such paymeat to be applied by the mortgaRee opon its obliRatioa to the Secretary o1 Housing and l~rban Development on account o( mongaRe insuraoce. O R~~~ ~1~r TN~~ INSTRUI.~ENT pREPARED BY~ idnlter E. IJaVl$ 8ti0~ i'.~~i O ` ~1BSTRACT ~ TITLE CORP O~ FL-A ~ - 10D i. 2ND ST. IOltT PIERCE. ftAR ~ , - ~ _ _ - - . .