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HomeMy WebLinkAbout0650 ~ 8T-23,Z75 r ; • 81~ i 962890 ~ STATE OF FLORIOA ~5~~8 . This form is used in comectioo FHA FORM NO 2110 ni with mortgs~es i~stued under the R~rlstd Mlorch 197~ one- to four-fa+nily provisions ot . the National Housina Ikt. MORTGAGE THIS MORTGAGE, dated the 18t day of March . A. D. 19 73 • . by and betwecn SJ!!!!8L fiT. J11CIG90A1 and NANCY I» J1~iC1C190N• his wife . hereinaRer called the mon~or, and ~~~N ~,~i c~o poI i~iti~a agan~iud& ex~st~in,~under the Iaws of State of Florida ~ ~~;~„ga u,e monp,aee~ WITNESSETH. that for diven good and valuable considerations. anci a[so in consideratioa of the aggregate sum named in the promis~ory note hereiaafle~ dacribed. the said awrt~a~or does hereby ~ant, bugaip. seN, aliea. remise. relau. convey. and confirm unto the said mortgaaee aU that certain piece. paccel, or tract of Iand of which the said mortaagor is now seized and poasessed and in utual ; possession. sitwte in the county of St. Lueie ana s~a~e ot ~or~as, aacr~bea as ro~iows: j Lot 33~, Sheraton Plaza, 1fiiC Four, Ibeplat, ~ according to the Plat thereof as recorded in ~ P1at Book 16, page 18 of the Public Records of ~ ~ ~ ~ St. Lucie County, Florida. - $~A' " ~ $ Toqether with the followinq ite~ns of.property Which W are located ia and pern~nently instnlleci t+s a part of the d~~~ improvements on said land: :~~gy o RANGB: O~i80N, ~BL G-30, SE^.IAL NUMBBR 42026 p~~ W~ RANGB ~OiD: K[A!!I CAI~Y, MODBL 3730 SPACR I~ID'ATBR: DBAR80RN ~ M~BL DVF-65 ~ i ~i° ~ The express enumberation of the fareqoinq items shall ~ ~ not be deemed to limit oz restrict the applicability ~ ~ of any other language descri.bing in qeneral terms other ~ property intended to be covered hereby. State Doc~m?entary Stamps affixeci to the original note and cancel2ed. Togother with all strucwres and imptovements now and hereafter on said land, and fiztures attached thereto, and aN rents, issua, . _ proceeds, and profits xcruing and to acerue from said premises, all of which are included witAin the foregoing description and the habendum thrreof; also all gas. steam. electric, water, and other heating, caoking, refrigerating, lighting, plumbing, ventilating, irrigating, ~ and power systems, m~hina, appliances. fiatures, and appurtenances, which now are or may hereafter pertain to, or be uscd with, in, o~ } on said premises, even though they be detached or detachable_ - ; TU HAVE AND TO HOI_D the same, together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining, and the reversion and revenions, remainder or remainders, rents, issues, and profits thereof, artd also all the estate, right, title. interest, homestead. dower and right of dower, separate estate, possession, claim and demand whatsoever, as well in law as in equity, of the said, mortgagor in and to the same, and every part thereof, with the appunenances of the said mortgagor in and to the same, and every part and parcel thoreof unto the said mortgagee in fee simple. And the morigagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fee simple: that he has full power and lawful right to convey t1~e same in fee simple as aforesaid; that it shall be lawful for We mongagee. ac a11 times peaceabty and quietly to enter upon, hold, occupy. and enjoy said land, and every part thereof: that the land is and wi{! remain frce from all encumbrances: that said mortgagor wip 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.doa hereby fully warrant the title to said land, and every part thereof, and w~ill defend the same agair?st the lawful claims of all persons whomsoever. PROV IDED ALWAYS. and these presents are e:ecutod and deliverod upon the folbwing conditions, to wit: ~ The mortgagor a~ees to pay the mortgaga, or order, the principal sum of tdI NETFEN THOUSAt~D AAD NO/lOQ Dollars (S 19~000.00 as evidenced by a note of even dat~ herewith, with interest from date at the rate of Severi per centum t 7 5fc ) per annum on the unpaid balance unlil paid. The said principal and interest shall be payable at the office ot StOCktOri ~ Whatley, OSVf I1 i~ 00~11pH11y ~ 100 West Bay Street, Jacksonville. Florida or at such other plxe as th~ holder of the note may designate in writing, in month(y installmonts ot ONS HUi~DI~D TWEKPY~SIX 54/100 Dollars (S I26. 54 commencing on the first day of M3y . 19 73 . and on the first day of each month thereafter until the principal and interest art tulty paid. except thay~ee final payment of principal and interat, if not sooner paid, shall be due and payable on the first _ day of ApI'il ~ 200 3 S't~~ ; And shall duly, promptly, an~ful~y perform, discharge, eaecute. e~ect, complete, and comply with and abide by each and evety the stipulations. ageements, conditions. and covenants of said promissory note and d this mortgage, then this mortgage and the esiate hereby created shall cease and be nutl and void. And the mortgagor funher covenants as follows: 1. That he will pay t6e indebtedness, as hereinbcfore provided. Privilege is reserved to pay ihe debt in whole, or in an amount equal to one or more monthly payments on the principa! that are ne~t due on the note. on the first day of any month prior to maturity: I'ro~•id~d, however, that written no~ice of an intention to eaercise such privilege is given at least thirty 1301 days prior to prepaymenl: and. provided further. that in the event thc debt is paid in full prior to maturity and at that time it is insured under che provisioru of the Nationa! Housing Act, he wiN pay to the mortgagee an adjusted premium charge of one per centum (1 hr ) of the original principal amount thereof. except that ao adjusted premium chatge shall be due or parable ~.here payment in 1u11 ~s made after the due date ot t6e 120th s~heduled paymentaod in no e~•ent shal) the adjusted premium e:ceed the aggregate amouat of premium charges which would have be~en payable if this 11ortRage had cootinued to be insured uatil maturity, such paymeat to be applied by the mortgaRee upon ita obliRation to the Secretat}• o( Housin and l:tban Development oa accouot o( mortgage insurauce. Walter E• D~V18 O R ~j TMIS INSTRUMEfVT rREPAREO Br' - i~O~K PAGt LJ~O ABSTRACT Dc TITLE CORP. OF FLA. 106 i. 2ND ST. FORT PI[RGE. F1~RIDA ; _~x . _ . _ - =:x - - .