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x~''~~~~ ST-23,270 r
SWD ~ 962896
STATE OF FLORIOA
FHA FORM NO 2110 ~n whth form is used 'en connection
mort~aQes iosured under the
R•~Is~d Mmeh 1972 one- t0 fou~-temily p~oviSions of
tt~e Mstionat Housin~ Act.
MORTGAGE
THIS MORTGAGE. datod the 18t ~Y ~ March , A. D. 19 73 , by and
beiween JOHNNY D. HUBBARD and DIANA HUBBARD, his wife ,
herei~after callod the mortga~ar, and
STOCKTON, WHATLSY, DAVIN ~ COMPANY
, a corporstioa orgaaizat aad existing undcr the laws of
State of Florids . nereinatter ca~~e~d the m«cgagee.
WifNESSETH, that for divers ~ood a~d valuable cauiderations. and also in considaation of the aagregate sum named ia the
promissory note hareinafler described, tt~e said mortq~or does hereby ~ran~ bar~ain, sell. dien, remix, retase. convey. and canfirm unto
the said mortsagoe all that certain piece. parcel. or uaot of iand of which the said mortgagor is aow seized and po~ed and in sctual
posxssion. sitwte ia the county ot
St. LuCie and State otFlorida. dacribed asfoUows:
Lot 343, Sheraton Plaza, Unit Four, Replat,
~ according to the Plat thereof as recorded in
Plat Book 16, page 18 of the Public Records of
~ St. Lucie County, Florida. r.
• -
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Together with the foZlowing items of property which r
are located in and pera~anently installed a s a part
~ of the iiaprovements on said land:
i ~
p ~ RANGE : ORBOi~, i~JDffi. G-30 , SERIAL NUMBER 42018
/ 2~~~ g RANGB HOOD: 1~IIAMI CAREY, iiOD~. 3730
~ ~ ~ SPACE ~iEATER: DEARBORN, 2~fODBL DVF-65
~ ~~~~Q BA
~ ~ ~ 1~`~ The express enumberation of the foregoing items shall not be
L9c~ ~~~j deemed to limit or restrict the applicability of any other language
describing in general terms other property fntended to be
~ covered hereby.
State Documentary Stamps affixed to the original note and cancelled.
Together with all structures and improvements now and hereafter on said land, and fiatures atlached thereto, and all rents, issues,
proceeds, and profits accruing and to accrue from said premises, alt of which are inctuded within the foregoing description and the
habendum thereof; also a!I gas, steam, electric, watet. and aher heating, cooking, refrigerating. lighting, plumbing, ventilating, irrigating.
and power systems, machines, appliances, fixtura, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or
on said prcmiscs, even though they bc detachod 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, remaindcr or remainders. rents, issues, and profits thereof, and
also all the atate, right, title, interest, homatead, dower and right of dower, xparate estate, possession, claim and demand whatscever, as
well in !aw 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 part and parcel thereof unto the said mortgagee in fee simple.
And the mortgagor hereby convenants with the mortgagee that he is indeteasibly seized of said land in fee simple; that he has full
power and lawfu! right to convey the same in fee simple as aforesaid; that it shall be Iawful for the mortgagoe~ at all times peaceably and
quietly to enter upon, hold, occupy, and enjoy said land, and every part thereoF, that the land is and will remain frce from all
encumbranees; that said mortgagor wilt make such furiher aswrar+ces to prove the fee simple title to said lanci in said mortgagee as may be
reasonably required, and that said mortgagor does 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 praents are executed and delivered upon the folbwing corxfitions, to wit:
The mortgagor agees to pay the mortgagee, or order, the principal sum of EIGHTEEN THOUSAND 1W0 HLTNDRED AND 2d0/100
Dollars (f 18 ~200.0~ as evidenced by a rwte of even date hcrewith, with intcrest from date at the
rate of seven pet cenium ( 7 ~i7c) per annum on the unpaid balance
until paid. The said principal and interest shall be payable at the d'fice of StOCiCtOri ~ ~,~hatley, Davin bc CO[UQeIIy ~
100 West Bay Street, Jacksonville, Florida
or at such other place as the holder of the note may designate in vrriting. in monthly installmenu of ON~ HUidDRLD 7'WENTY-0il$
APTD 21/100 Dollars (S 121.21 commencing on
the first day of r~y , I973 , and on the 6rst day of each month thtreafttr untel the principal
arxi interest are fully paid, except th final payment of principal and interat, if not sooner paid, shall be due and payable on the first
dayof ~pril, 2003 JDH ~ .
And shal! duly. ptomptly, and fully pcrform, discharge, exceute, efTect, 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 motigage and the estate
hereby created shall cease and be null and void.
And the mortgagor furihtr covenants as follows:
1. That he will pay thc indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whofe, or in an amount equal
to one or more monthly payments on the principal that are. next due on the note, ort the first day o( any month prior to maturity. /'ro?•ided,
however, that written notict of an intention to ezercise such privilege is given at least thirty 1301 days prior to prepaymen~: and, provided
further, that in the event the debt is paid in full prior to maturity and at that time it is insured under the provisions of the National
Nousing Act, he will pay to the mortgagee an adjusted premium charge of one per centum ~k 1 of the original principal amount thereof.
except that aa adjusted premium charge shall be due or payable where payment in lull ~s made a(tet the due date oi tne 120th
scheduled paymentaad in no event shall the adjustedpreminm e:ceed t6e e~gregate amount o( premium charRes which woold have
bcen payable i( this Nortgage had continued to be insured untit maturily. auch paymeat to be applied by the mottp,agee upoo its
ubliRation to the Secretary of HousinR aad ('rban Development on accouot o( monRage insuraoce. ~ Walter E. DaV18
Q~I']~ f] TMIB INSTRUMENT PREPAR_D BY.
lk~w ir;~ ABSTRACT ~ TITLE CORP. OF FLA.
2pS i. 2Np Y7. FORT PI[RCE. FWAIDA
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