HomeMy WebLinkAbout0318 _ i
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~t~ ~s~~ A S~JD ~ 9G2875
STATE OF FIORIDA ~ ~E~~? ~ v~
~~~~~.,f This f~m is used in connection
fHA FORM NO 2110 m ~ l ~ with mortgages insured unde~ the
Revised May 1971 ~ ~ o~e- to four-family p~ovisions of
~ ,~~.5 ~ the National Nousing Act.
~~ap'~~ MURTGAGE
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THIS MORTGAGE, dated the 13t day of Aprll , A. D. 19 73 , by and '
~~WK~ MARK W. DIXON~ JR. and LEVERN DIXON• his wife
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he~einaCtcr called thc mortgagor, and
Stockton, Whatley, Davin & Company ,
. a corporation organiud and existi~g under the laws of
Stnt@ Of FlOY'idd , hereinaflor called the mortgagee.
WlTNESSETH. that for divers good and valuable co~siderations, and also in consideration of the aggregate sum nameci in the
promiasory note he~oinafter describcd, the said mortgagor doa hereby grant, bargain, xll, alien, remise, relase, convey. and confirm unto
the said mortgagee all that certain piece, parcel, or tract of land of which the said mongagor is now seized a~d possessed and in actual ;
possession, siwate in the counry of • s
St. I~1Cl.e ' and State of Florida, described u follows: ~
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Lot 322, 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.
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Together with the following items of property which are
located in and permanently installed as a part of the
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improvements on said land: ~
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. RANGE: ORBON, MmEL G~30, SERZAL NUMBER 38821 ;
RANGS HO~: MIAMI CAREY~ MODEL 3730 ;
SPACE I~ATER: DEARBORN~ I~DEL DVF-65 ~
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The express enumberation of the foregoing items shall not ~
be deemed to limit or restrict the applicability of any other ~
language describing in general terms other property intended
to be covered hereby.
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State Docwnentary Stamps af£ixed to the original note and cancelled. ~
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Together with all uructures and imp~ovements rtow and hereafter on said land, anei fixtura attached thereto, and all rents, issues, ;
proceeds, and profits accruing and to accrue frum said premises, all of which are inclucied within the foregoing description and the ?
habendum thereof; also all gb~, titeam, electric, water, and other heating, cooking, refrigerating. (ighting, ptumbing, ventilating, irrigating, ;
atki pow•er systems, machines, appliances, fixtures, and appurienances, which now are or may hereafter pertain to, or be used with, in, or `
on saiJ premises, even though they be detached or deta~:hable. '
TO HAVE AND 70 HOLD the same, together with all anJ singolar the tenements, hereditaments and appunenances thereunto
belunging or in anywise appertaining, and the revrrsiun and reversions, remainder or remainders, rents, issues, and profits thereof, end
also all the rstate, right, tide, interest, homestead, dower and right of dow•er, separate estata possession, claim anJ demand whatscever, as
well in law as in equity, of the said mortgagor in and.to th~ same, and every part thereof, with the appurtenances of the said mortgagor in
and to the same, and every part aod parcel thereof unto the s:iid mortgagee in fee simple.
AnJ the mortgagor hereby conveoants with the mortgagee that he is indefe:ssibly seited of said land in fee aimple; that he has full
power and lawful right to convey the sama in fee simple as aforesaid: that it shalt be tawfuf for the mortgagee, at all times peaceably and i
quietly to entcr upon. huld, excupy, and enjoy saiJ land, anJ every part thereof; that the lanci is and will remain free from all
encumbrances: that saiJ mcxtgagur will make such further assurances to prove the fee simple tiUe to said land in said mortgagee as may be ~
reasonably requireci, and that ,aid nwrtgagor J.xs hereby fulty Karrant the titte to said land, and e~~ery part thereoL and will defend the
same against the lawful claims of all penons whomsoever_
PROYIDED ALWAYS, and these presents are executecl and delivered upon the folluwing conditions, to wit:
The mortgagor a~ees to pay the mortgagee, or order, the principa! sum of EIGHPEEN TI~?USAt~ SIX HUI~RF•D & iJ0/100
Qollars (S 18 ~ b00. 00 as evidenced by a note of even date herewith, with interest from date at the
rate of seven per cenwm ( 7 '"+c ) per annum on the unpaid balance ~
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until paid. The said principal and interest shall be payable at the office of $tOCktOtl ~ Whatley , DaVin & Company ,
~ 100 West Bay Street, Jacksonville, rlorida
or at such other place as the holder of the note may designate in writing, in monthly installments of pI~ I-1[JPDRF~ T{i11L~Nl+y- -
TNREE and 88/100 Dollars (S 123. 88 commencing on
the first day of ~y , 1973 , and on the first day of each month thereaRer until the principal
anJ interat are fully paid, eacept that the final pa~ment of principal and interest, if not sooner paid, shall be due and payable on the first
day of April , 2003 ,
And shall duly, promptly, and fully perform, discharge, execute, ePFect, complete, and comply with and abide by each and every ~
the stiputations, agreemenu, conditions, and covenanu of saed promissory note and of this mortgage, then this mortgage and the estate
hercby created shall cease and be null and void.
.anJ the mortgagor further covenants ai follows:
1. 'Chat he wili pay the indebteclnecs, as hereinbefore proveded. Privilege is reurved to pay tbe debt in whole..or in an amount equal
w one or mcxe monthly paymentti on ~he priimipal tHat are neat due on ~he note, un the first day of any month prior to mawrity: /'ruvided,
however, that written notice of an intention to exercise sucb privilege is given at Icas1 thirty 1301 Jays prior to prepayment; and, provided
fu~~her, ~hat in the event the debt is paid in full prior to maturily anJ at that time it is insured under the provisions of the National
Hous~ng Act, he will pay to the mortgagee an adjusted premium charge of one per centum (1 rk ) of the original principal amount thereof,
except that in no event shall the adjusteJ premium exceed the aggregate amoum of prcmium cbarges which would have been payable if the
mortgage had continued to be insured until malurity; such payment to be applicd by the mortgagee upon iu obligation to the Socretary of
Housing and Urban Devebpment on aaount of mortgage insurance. W81Lei E.Davis
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