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HomeMy WebLinkAbout0655 y 5T-"L3 ~ iL9 t . S`WD / 962889 FM 094-07330S-235 STATE OF i~ORIDA 2~~~ FHA FORM NO 2110 ~n wh~ form is used in coonection mort~a~es inswed uM1ar tM Rwls.d Maeh 1972 one- to tour•tamily provisions of ths Nationat Housin~ Act. MORTGAGE THIS MORTGAGE, datod the 18t day of M8rCt1 , A. D. 19 73 ~ by and ~~w~~ ODBLL (~OBB and ffi.BANOR t~ORB, his vife . hcreinafler called thc matgagor. and STOQCTON. WHATI.BY, DAVIN 6 OOMPANY ~ , a corpo~ation orQanized and ea~isting under the laws of S tate Of Flol ids . hcreinaller called the mart~agee. , WfTNESSETH, that for divers good and valuabk cot~sideratior?s, and also in coniidaation of the aggregate sum named in the promissory note hcreinafler dsscribed. the said mortgamr doa hereby gtant~ bargaia, sell, alien. remise. relase, comey. and confirm unto ; tAe said mortgagee all that certaia piece. parcel, or tract of land of which the said aartpgor is now seiud and possessed aod in uwal ~ posscssion, situate in the county of St. Lueie ; and State of Florida, describod as fotiows: ~ Lot 33b, S~RATON PLAZA IA+1IT FOIIR RBPLAT, according to the Plat thereof as recorded ia Plat Book 16, page 18 of the Public ~ Records of St. Lucie Camty, Florida. Together ~rlth the follo~ing iteas of property xhich are located in and permanentty ~ installed as a part of the inpravesents on said laad: 08BQi GAS RANGS G-30, SERIAI. NUI~BR 42047 DBARBORN GAS WALL FURNACS DVF-65 . 1~IIAl~L CARSY RANGS HOOD 3730 T6e expresa e~au~b~ration of tbe foregoing iteas ehall not be deeared to liait or _ reatrict the applicability of aay other langvage deacribing in general terss i other pragertq inteaded to be cavered hereby. ; y ~ RECECI[p s.-3 ~ a~ IR PAYAtEM OF TIU(Q ' a.r ~ •c ~~~ric~e~ ~3aa~uy, ~ PURSUANT TO CHAPIE4 71-13~, ACTS OF 19)l. p08ER POITpIIt ~ l1D~I C~iC1UT ~Olnf~ ~ WCIE OD;, filF. STATE DOCUI~NTA~Y STA1~S AFFI~D TO THE ORIGINAL NO?1'B MTD C~ANCELLED. together with all structures and imp~ovements now and hereafter on said land, and fixtures attached thereto, and all rents, issues.. proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description and the habendum thereof: also all gas, steam, electric, water, and other heating, cooking, refrigerating, tighting. plumbing, ventilating, irrigating. and power systems, machines, appliances, fixtura, and appurtenances, which now are or may hereafter penain to, or be used with, in, or 3 on said premises, even though they be detached or detachable. TO HAVE AND TO HOLD the same, together with all and singular the terlemenis, hereditaments and appurtenances thereunto belonging or in anywise apperiaining, and the reveraion and reversions, remainder or remainders, rents, issues, and profits thereof, and 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 appurtenances of the said mortgagor in and to the same, and every pari arxl parcel thcreof unto the said mortgagee in fee simple. And the mortgagor hereby convenants with the mortgagee that he is indefeasibly xized of said land in fee simple: that he has full power and lawful right to wnvey the same in fee simple as aforesaid; that it shall be lawful for the mortgag~e. at all times pcaceably aad quietly to enter upon, hold. occupy, and enjoy said land, and every part thereof: that the land is and will remain free from all encumbrances: that said mortgagor will make such further auurances to prove the fee simple title to said land in said mortgagee as may be reasonably required, and that said mortgagor does hereby fully wa~rant the title to said land, and every part thereof, and will defend the same against the lawful claims of all persons whomsoevcr. PROV IDED ALWAYS, and these presents are executal and deliverod upon the following conditions, fo wit: ~ The mortgagor agrees to pay the mortgagee, or order, the principal sum of ~~j'g~ij TQqISAND I~OR HZJrTI~RED AND 00/100-~+ Dollars (S 19 ~~~OQ as evidenced by a note of even date herewith, with interat from date at the rate of geygn per centum ( per annum on the unpaid balance until paid. The said principal and intcrest shall be payabte at the office of gtoekton, ~ Whatley, DAV~.II ~~82t3? 100 Weat Bay Street, Jacksonvf2le, Florida 32202 or at such other place as the holder of the note may daignate in writing, in monthly installments of gj~Dg~ ~~y_~~ AND ZO/100---------------- -----_..Y~_.Dollars (S 129 .20 1. commencing on the first day of A~Yil . 19 73 , and on the first day of each month thereafter until the principal and ioterest are fully paid, except that the final payment of principal and interat, if not sooner paid. shall be due and payable on the first day of ~rch~ 2003 • And shall duly, promptly, and fully pufarm, discharge, execute, effoct. complete, and comply with and abide by each and every the stipulations. agreements, conditions. and covcnants of said promissory note and of this mortgage, then this mortgage and the estate hereby creatod shall cease and be null and void. And the mortgagor further covenants as follows: 1. That he wil! pay the indebtedness, as hereinbeforc provided. Privilege is «servod 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: l4ovided, however, that written notice of an intentipn to eaercix such privilege is given at Irast thirty (30) days prior to prepayment: and, provided further, that in tht event tht debt is paid 'm full prior to maturity and at that time it is insured under the provisiom of Ihe Nationa~ Nousing Act, he will pay to the mortgagee an adjusted premium charge of one per cenlum 11 n~ ) of the original principal amount thereof, ~ except that ao adjusted premium charge shall be due or payable where payment in !u!1 is made after the due date oi the 1201h scheduled parmeat aod in no event shall the adjusted premium e:ceed the aggregate amount ot premium cbarges which would have been payable if this ~1ortRage had continued to be insured until maturity, such payment to be appfied bv the roottgagee upon its ~ obliRation to ~he Secretary of NousinR and Grban Developmeat on account ot mortgage insurance. Walter E. Dav18 , ~ R/~~A C ~~r THIS INS7RUMENT PREPAREO 9Y: ! % % ABSTRACT & TIl'LE CORP. OF FLA g[I~~ Fv f.~ P4G~ v s00 S. 2ND 8T. FORT P~ERCE. FI.ORiOA - - ~ - ~.y~ Y~~~='~ ti ~ v* ' - ~