HomeMy WebLinkAbout2452 q~+~~ ~ t 3T-23,P72
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~ SWU ~ 163711
STATE OF FLOplOA
This form is used in comection
FHA ~FORM NO 2t 10 th ~ with rtwrt~s~es inwred unde~ ths
Revised May 1971 one~ to fou~-family ptovisions of '
the National Housi~g ACt.
MORTGAGE
TNIS MORTGAGE. datod the lst day of April . A. D. 19 73 . by and
be~w«n JOI~II1t1IS FSItGIJSON and LILA FSRGUSaI, his Wffe •
hereinaRer called the mortgagor. and
91`OClCPON, WHATLE'~DAVIN, & C~lPAt~JY ~ ~
. a corpo on or~an~zed an exiumg under the Iaws of
State of Florida , hereinafter called the mortgagee, -
W ITNESSETH. that for divers good and valuablt considerations, and also in consideration of the aggregate sum named in the
promissory note hereiaaRer described. th~ said morega~or does hercby gran~ bugain, sell, alien. remise~ relase, coavey. and confirm unto
the said mortgagee all that certain piece, parcel, or tract of land of which the said monga~or is now xiud and possessed and ire actual
P065CSSIOn, Situate ip thC COUnty Of
St. LuCiE ~~<< ~~a~a. dacribed as fdlows:
Lot 262, Sheraton Plaza, Unit Fbur, Replat, according
to the Plat thereof as recorded in Pla~t Book 16, paqe
~ 18 of the Public R~ecords of St. Lucie County, Florida.
Tagether with the folloa~inq items of property which
are located in and pem~anently installed as a part
of the i.mprovements on said land:
RJINGE: O1tB~N, l~IODEL G-30, SSRIAL NUlsBER 42011
RANGB HOOD: MIAMZ CAREY, INODEL 3730 -
SPACE ~ATER: DEARBORN ~ MtDEL DVF-65
The express enumberation of the foregoing items shall
not be dee~ed to limit or restrict the applicability of
any ather language descri.bing in general terms other
pioperty intended "to be covered hereby. ~
+~nEn 3- 7- ~~N ~Exr oF T~s
~ ON CiJ1SS'C HfiANCtlIE PER90NIIL PROPERI~~
11~1114M1 TO C1tMfER 71•134. ACTS df i9~1.
~06EIt PO(IRllt m~ y
pe~~ ctNaar oourrr. sr. wc~ oo., Fu ~
Together with all structures and impfovements now and hereafttr on s~id land, and fixtuta attxhed thereto. and all rents, issues.
proceods. and profiu accruing and to accrue from said premises. all of which are included within the fortgoing description and tlu ~
habendum thereof; also all gas, steam, electric, water, and other htating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, :
and power systems, ~nachines. appliances` fiawres, and appurtenances, which now aro or may hereafter putain to, or be used with. in, or
on said premises, even though they be detachod or detachable.
TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenanccs thereunto
belonging or in anywix appertaining. and the reversion and reversions, remainder or remainders, rents, issues, and profits thereof. and
I also all the estate, right, tide, interest, homestead, dower anJ right of dower. sepuate atate, possession. claim and demand whaisoever, as
well in law az in oquity. of the said mortgagor in and to the same, and every part ihereof. with the appuncnanca of the said mongagor in
and to the same, and every part and parcel thereof unto the said mortgagee in fee simple.
~j And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seiz~d of said land in fee simpte; that he has full
powa aad lawful right w convey the same in fee simple as aforuaid; that it shall be lawful for the mortgagee, at all times peaceably and
; quietly to enler upon. hoW, cecupy, 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 furiher assura~es to prove the fec simple title to said land in said mortgagee as may be
E reasonably required, and lhat said mortgagor does hereby fully warrant the tiUe 1o said land, and every part thereot, and will defend the
i samc against the lawful claims of all persons whomsoever_
' PROV IDED ALWAYS, and these praeqts ue executed and deliverod upon the folbwing conditions, to wit: •
~ The mortgagor a~rees to pay the mortgasee. or order. the priacipal sum of EIGI~EEN THQUSArD SIX HUNDR~ & P70/100
~ ~ ~s 18 ~600.OC as evidenced by a note oteven date herewith, with interest from date at the -
~ ratc of Severi per centum ( 7 9b) per annum on the unpaid balance
t until paid_ The said principal and intertst shall be payable at tht office d Stoekton, Whdtle~ ~ Ddv111 & C:ompany,
~ ~ ~ 100 West ~al Stzeet, ,7acksonviZle, F~ori~a
" g or at wch other place as the ho)der of the note may designate in writing, in monthly iiutallments of p~ Fj(,*~g~ T~~Y_
: a~
~ q G`. THI~'E and 881100 ~~I~ (S 123. 88 commencing on
` r the first day of June . 19 73 , and on the first day d each month thereafta until the principal
~ e a~ interest are fully paid. except that the final payment of principal and interest. if not soonu paid. shall be due and payable on the first
{ v. F day oi May, 2003 ~
~ e~ o And shall duly. promptly, and fully perform. dischar6e, execute, effcet. complete. and comply with and abidt by euh and every
` ~ N"the stipulations, a~raments, conditions, and covenants d said promissory notf and d this mortgage, then t6is mongage and the estate
`s. haeby ueated shall cease and be null and vad.
~ And the mort6agor further covenants as follows:
~ ~ w i. thet he will pay the indebtedness, as hereinbefore providal. Privilego is reserved to pay the debt in whole, or in an amount equal
~ ~ U o to one or more monthly payments on the princiPal ~hat are next due on the note. on the first day of any month prior to muurity: /'Yovided.
{ a howcver, that written notice of an intention to exercise such privilege is given at leut thirty 130) days prior to prepayment; and, provided
f. r further, thal in tha evenl tht deM is paid in (ull prior to maturity and at that time it is insured under the prmisions of the National
` p Housing Act, he wi11 pay to the mortgasee an adjuued premium charge d one pe~ centum ( f~1fr 1 d the ori`inal prineip~[I amount thereof. ~
j X t Mexcept th~t in no event shall the adjuued premium eacceJ the aggregate amoun! of premium charges which woukl have been payablt it the !
r rrwrtsa~e had wntinued to be inwrod until maturity; wch payment to be applied by the mort~a~ee upon ~ts obliption to the Socretuy of '
~ Nousin~ and Urban Devebpment on aocount d mort~e inw~ance. ~
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