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HomeMy WebLinkAbout2457 ' 4 , ~ . - Si`-:'3,g71 1Gr~~ ~IG~~ ~ S~dD N ~~3?13 STATE OF FIORIDA This form is used in cw~nection FMA ~ORM NO ZI10 m with rtwrt~aQes inuued under the Revised May 1971 one- to fou~•family provisions of the Nat+onal Housing Att. MORTGAGE THIS MORTGAGE. daced the lst day of April , A. D. 19 73 , by and be~ween ROBE~ C. rfURPHY and ANriIE D. PIURPHY, his wife . hereinafter cailed the mortgagor, and STOCIC~ONt WE~TLEY, DAVIN & COMPANY . a corporstion organized and existiag under thc laws of State Of F2D2'idA , hereinafier called the mortgagee, W17'NESSETH, that for divers eood and valuabie considerations, and also in consideration of the aggrcgate sum namod in the promissory note hertinatter dexribod. the said moriga~or does he~eby grant. bargain. sell, alie0. remise, relase, convey. aad oonGrm uato the said mortgagee all that certain piece, parcel, or tract of Iand of which the said mortgagor is now seiud and poasased and in actual posxssion. situate in thc county of St. Lucie and State of Florida. describod as fdlows: Lot 264, Sheraton Plaza, Unit Four, Replat, a~cording ~~y to the Plat thereof as recorded in Plat B~ok 16, page t~'" 18 of tne Public Rccords of St. I,ucie Caunt1, F2oriaa. ~~`~p~; ~t`~ ~ ` f To;ether ~:ith the follo~•~ing iter~s of property which are ~~~d` c~" located in and peszr.anent2y installed as a part of the , P~'`,~,.~ improvements on said land: ~1~,~g` ~ RANC~E: ORBON, MODEL G-30 , SERIAL NtJAlBER 43890 ~ ~ RANGE t~CO: t-ffAMI CAREY, MCDEI. 3730 ~fr.~~ ~ SPAC~ ?~F+TER: DEAR50:t:~, t•70DEY. DVF-65 4~- ~ REFR?GERATOR: SEARS C~I.DSP~OP, I~'DEL 525114605 The ex~ress eneu;~eration Qf the foregoing items sha21 not be deemed to li~it or restrict the applicability oi any other ?annuage describing in ceneral terir:s other property intended to be covered hereby. State Documentary Stamps a`fixPd to the original note and cancelled. Together with all siructutes and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, is.wes, proceods, and profits accruing and to accrue from said premises. all of which are included within the toregoing description and the habendum thereof: also all gas, steam, electric, water, and other heat+ng, cookiog, ref~igerating. lighiing, plumbing, ventilating, ir~igating. and powe~ systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pertain to. or be used with, in, or , on said premises, even though they be detached or detachable. TO HAVE AND TO HOLD the same, together with all and singular the tenements. hereditaments and appurtenances thereunto ' belonging or in anywise appcrtaining, and the reversion and reversions, remainder or remainders, rents, issues, and profits thereof, and also aU the estate, right, title, interest, homestead. dower and right of dower, separate estate, possession, claim and demand whatsoever, as well in law as in oquiry, of the said mortgagor in and to the same, and every part thertof, witb the appuRenances of the said mongagor in ~ and to the same, and every part and pazcel thereof unto the said mortgagee in fee umple. And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized ot said land in fee simple; that he has full power and Iawful right to convey the same in fce~ simple as aforesaid; that it shal! be lawful for the mortgagee, at all times peaceably and ' quielly to enter upon, hold, occupy. and enjoy said land, and every part thereoF, that the land is and will remain free from all ; zncumbrances; that said mortgagor will make such further assurances to prove the fce simple titte to said lard in said mortgagee as may be ~ reasonably required, and that said mortgagor doa hereby fully warrant Ihe title to said land, and every part thereof, and will defend the ! same against the lawful claims of all persons whomsoever. ~ v. j ; PROV IDED ALWAYS, and thae presents are executed and delivered upon the following condiuons, to wit ~ ~s The mortgagor agrees to pay the mongagee, or order, the principal sum of Eighteen ThC`asand Eight I?~^dred Fi fty ; Dollars (S ~ 8~850. 00 l, as evidenccd by a note of even date hercwith. with interest from date at the t rate of seven per centum ( 7`70) per annum on the unpaid balance ~„~j ~ until paid. The said principal and inte~est shall be payable at ihe office of StOCkton ~ Wl'letley, Davin & Gbmpany . ~ g 1C~~ ;;~st ~ay Street, J~c'csonville, Florida .a zi or at such other place as tbe holder of the note may designate in writing, in monthly installments of pP1E F~IJt~R~ TWEPTPY"FIVE : ' ' ar,3 54/10'? Dollars(S 125:54 ).commencingon ; Y" the first day of JL'ne . 1973 , and on the first day of each moMh thereafter unUl the principal ~ and interest are fully paid, except that the finai payment of principal and interat, if not sooner paid, shatl be due and payabk on the first ~ o day of I~y, 2003 ~ . ; And shall duly. ptomptly, and fully perform, dischargc, execute, effect, complete. and comply with and abide by euh and every ~ the stipulations, agretments, conditions, and covenants d said promissory note and of this mortgage~ then this mortgage and the estate : ~ haeby created shall cease and be null and void. ~ And the mortgagor funher covenants as tollows: ' ~ ~ Z 1. Thai he wil) pay ihe indebtedness, as hereinbefore provided. Privilege is reserved to pay tht debt in whole, or in an amount equal j ~ Y to one or more monthly payments on the principal that are ~ext due on the note, on th~'fint day of any month prior to mawrity: l4ovid~d, ~ a however, that written notice of an intention to exercise such privilegc is given at least thirty 130) days prior to prepayment; and, provided K~ p further, that in the event the dcbt is paid in full prior to maturity and at that time it is inwred under the provisio~ d the National { i< N Housing Act, he will pay to Ihe mortgagee an adjusted premium chuge done per cenium 11%) dthe original p~incipal amount thereof, ~ except that in ra event shall the :uijusted premium ezceod the aggregate amiwnt of premium chuges which would have been payable if the i mort~e had continued to be insured until mawrity: wch payment to be applied by the mortga~ee upon its obli~ation to the Saretary of ~ Housin` snd Urban Devebpment on aocount of mort~age i~uuranct. g~ zi3 z454 ~ _ _ . _ _ ~ _ _ _ _ _X , _ . . _ _ . ~