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STATE Of FI.ORIDA ~ ~ ~~y~N~~ ~~1
~ This form is used in connectio~
fNA FORM NO 2110 m ~~(lf?~~~3A. ~'~'~s with mort~aQes insu~ed under tha
Revised May 1971. ~~,U,gS'C E~ ~~,p~Zi'~~. ~ one- to four-family provisions of
~ O~~t ~p ~~i~t~ st. the Natior~al Housing Act. :
:
MORTGAGE '
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THIS htORTGAGE, dated the 1St IIAy Of April , A. D. 19 73 , by and ~
between JOXCS A. SAADBRS ~ a seperated woTntllt ,
hereinafter calted the mortgagor, and '
9TOCICPON, WHATLLY ~ DAVIN & OOl~IPANY
, a corporation organized a~d existing u~de~ the laws of
StBte Of FlOZ' idA , hereinaRer called the mwtgagee,
WITNESSETH, that for divers good and valuable considerations, arxi also in consideration of Ihe aggregate sum namod in the
promissory note hereiaaQer describod, the said mortgaga~ doa hercby grant, bargain. sell, alien, rcmise. rclase, convey, and confirm unto
the said mortgagee all that certain piece, parcel, or tract oi larnf of which the said mortgagor is now seized and possessed and in actual
possession. situate in the county of
St. Ia1Ci.E and State of Florida, described as follows: .
Lot 323, Sheraton Plaza, Unit Four, Replat, according
to the Plat thereof as recorded in Plat Book 16, page
18 of the Public Records of St. i,ucie County, Florida. ~
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Together with the followinq items of property which are
located in and pern~anen~ly installed as a part of the
irnpxovements on ~id land:
RANC~: ORBON, t~QEL G-30, SER~. NUMBER 43877
RANGE HC10D: IYQAMI CAREY, MODEL 3730
SPACE I~ATER: DFARBORN ~ MCOEL DVF-65
The express enumberation of the foregoinq iLe~ns shs12 not
be deemed to limit or restrict the applicability~of any other
language describing in general terms other property intended
to be rovered hereby.
State Documentary Stamps affixed to the original note and cancelled.
1
Together with all structures and improvements now and hereafter on said land, and fiztares attached t:~ereto, and all ronts. issucs,
proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description and the
habendum lhereof; also all gas. steam. electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, '
a~ui power systems, machines, appliarn:es. fixwres, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or i
on said premises, even though they be detacheJ or drtachable. i
TO HAVE AND TO HOLD the same, tugether 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, and {
also all the estate, right, tiQe, interest, homesteaJ, dow•er and right of cbwcr, separate estate, possession, ctaim and demanct whatsoever, as ~
well in law as in aquity, of the said murtgagor in and to the same, and every pan thereof, wilh 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 cunvenants with the mortgagee that he is indefeasibly seized of said (and in fee simple; that he has full ~
~ power and Iawful right to convey the same in fee simple as aforesaid; lhat it shall be lawful for the mortgagee, at all times peaceably and !
yuietly to enter upon, hold, occupy, anci enjoy said land, and every part thereof; that the land is and will remain free from all `
' encumbrances; lhat said mortgagor will make such further assurances to prove the fee simpk title to said land in said mortgagee as may be 3
~ reasc,nably requireJ, and that said rtwrtgagor does hereby fully warrant the title Io said land, and every part thereof, and will defend the
! same against the law~tul claims of all persons whomsoever. }
PROV IDED ALWAYS, and these presents are executed and delivered upon the folbwing conditions, to wit:
~ The mongagor agees to pay the mortgagee, or order, ihe principal sum of SEVENTEEN THQ(JSAND EIGHP HUI~IDI2'ED
Dollars (S 17 ~800.00 as evidenced by a ~wte of even date hercwith, with interest from date at the
rate of S@Ven pcr centum ( 7 5'~c) per annum on the unpaid balance
until paid. Tht said principal and interest shaN be payable at the office of Stockton, Whatley, DaVi.il & COmpdri~I ~
1Q0 t~Test Bay Street, Jacksonville, Florida
or at such other place as the huWer of the note may designate in writing, in monthly installments of ~NE HUPDIiED EIGI~}~N
' and 55/100 ~Ilars (S 118. 55 commencing on `
the first day of May , 19 73 , and on the first day d each month thereafter until the principal
and intere~t are fully paid, eacept that the final payment of principal anJ interest, if not sooner paid, shall be due and payable on the first `
da~• of April, 2003 •
And shall duly, promptly, and fulty perform, discharge, execute, effect, complete, and comply with and abide by each and every
the stipulations, agreements, cunditions, and covenants d said promissory note and of this mongage, then this mortgage and the estate
hereby created shall cease and be null and void.
~1nJ the mortgagor funher covenanls as follows: •
! That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal
; tu one or more monthly payments on the principal that are next due on the note, on tht fint day of any month prior to maturity: /4vvided.
! hoNever, that written notice of an intention to exercise such privilege is given at le:ut thirty ~ 301 days prior to prepayment; and, provided
~i further, that in tbe evrnt the debt is paid in full prior to maturity and at that time it is insured under the provisiorn of the National
Housing Act, he will pay to the mortgagee an adjucted premium charge of one per centum 114F ) of the original principal amounl thereof,
except that in no event shall Ihe adju+teJ premium exceecf the aggregate amount of premium charges which would have been payable if the
' morigage had continued to be insured until mawrity; such payment to be applied by the mort6agee upon iu obligation to the Secretuy of
j Housing and Urban Development on account of mortgage insurance. i~gltet- 8. DaviB
THIb INSTR~J1'E':? PR`:pn?F:: t.Y ~ F1 r.
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