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HomeMy WebLinkAbout0622 ~ va-~.-~ ~ .~vv ry~• SWD #965123 b FHA i094-073288-235 STATE OF FIORIDA 254616 FHA FORM NO ~110 ~ ~ fa~ js used in connection nwrt~aQes insured under the R•vt•.d Mas6 1974 one- to four-family provisions of ~ the National HousinQ Act. MORTGAGE ~ ~ ~ ? THiS MORTGAGE. datod the lSt daY ~ l~y . A. O. l9 73 . by and t betwan MAIIDIB B. SGARI.EIT ~ haeinafter called thc mortsa=or. and ~ ~ STOQCTON, WIIATLBY, DAVIN ~ OOMPANY . a corporatioa orpnized aad ea~istint under the laws of StBt@ O~ Florida ; , heteiaafta called the msxc~a~ee, ~ WTTNESSETH, that for divers ~ood and valuabk considerations, aad also in consideratioa of the ag~regate sum aamed ia tiu i promissory aote hereinafter described. tl~e said mortp~or does hereby era~t, bar~ain. sdi. alie0. remise. relasc, convey. aad confirrt~ uuto t the said tnonp~ee ail that certain piece. parcei. or tract of lud of which the uid tnort~or is now xized and poasessed and ie actua! posxssion, situate in tde county of St. Lueie ~ and State of Florida. describod ~ foUows: ~ ; Lot 319 , SflBRATON PLAZA, i~1IT FOUR, RSPLAT , j aceording to the Plat thereof aa recorded in ; ~ Plat Book 16, page 18 of the Public Records ' r.~ Of St. LuC3e County~ Flo]C3d8. ~ a ~ p„ W .i Together ~tith the folloWiag items of property ~ vhfch are located in aad permanently installed as a part of the ~ ~ n y(..~ ~ impraveaeats therean on said land: ~ 0. W i ~ = W~i RANGE: ORB~i, I+~DBL G-30, SSRIAL NUl+~ER 3022 Y 1tANGB HOOD: MIAHI CARBY, I~DSL 3730 ; F~~ SPACE BBATER: DSARBORN, HODEL DVF-55 ~ z ~ ~ The express eaumberation of the foregoing items shaU. not be deemed > 3 to liffit or restrict the applicability of any other langvage describiug o ~ in general terma other p=operty intended to be cavered hereby. ~ ~ ~ C ~ a ~ ~ STATE DOCIJI~NTARY STAI~S AFFIRED TO T~ ORIGINAI. NOTE AND CAriCELLSD. t 6U`` ~ O ~ ~ ~ F~ Together with all strucwres and improvements now and hereafter on said land. aad fixtures attachod thercw, and ali rents, issues, ~ ~ F, proceeds, and profits accruing and to accrue trom said premises, all of which are ineludM within the foregoing dacription and the ~ ~ habendum thereof: also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating. irrigating, a n d p o w e r s y u e m s, m a c h i n a, a p p l i a n c e s, fi x t u r e s, a n d a p p u rtenances, w hic h now are or may her e a fter pertain t0. or b e use d wit h. in. or ~ on said premises, even though they be detached or detachable. TO HAVE AND TO HOLD the same, together with all and singulaz the tenements, haeditamenu and appurtcnances thereunto ~(r belonging or in anyvvise appertaining, and the reversion and reversions, remaindcr or remainders, rents, issues, and profits thereof. and ~ N i also at{ the atate, right, titte, interest, homestead, dower and right of dower. separate estate, possession, claim and demand whatsoever, as ~ m~ woU in law as in oquity, of the said mortgagor in and to the same, and every part thereof, wi~h the appurtenances of the said mortgagor in ~ -'t N and to the same, and every part and parcel thercof unto the said mongagee in fee simple. ~ e~ And the mortgagor hereby convenants with the mortgagee that he is indeftasibly scized of said land in fce simple; that he has full ~ porver.aad Iawful rig6t W convey the same in fee simple as aforwid; that it shall be Iawful for the mortgagee, at all times peaceabfy and quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof; that the iand is and wiU rcmain free from all ~ encumbrances; that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be ~ reasonably rcquired, and that said mongagor does hereby fully warrant the title to said land, and every patt thereof, and wil) defenil the ~ same agai~ut the lawful claims of all persons whomsotver. _ ~ 3 PROV IDED ALWAYS, and these presents are eaecutod and delivorod upon the folbwing conditions, to wit: ~ The mongagor agrees ta pay the mortgagee, or order, the principal sum d SEVENTEEN THOUSAND FIVE HUNDRED FIFI'Y AND ; ~JO /I00~~~~ ~s 17 ~SSQ.00 as evidenced by a note of even date herewith, with interest from date at the ~ rate of seven Pa ~ntum ( ~ S6) per annum on the unpaid balance ~ until paid. The said principal and interest shall be payable at the office of StOCjCtOi1 ~ Whatley, DSN~iI b~ C0~18i1y ~ 100 West Bap Street Jacksonville, Florida 33202 ? or at such other place as the holder of the note may designate in writing. in monthly installments of ONE HUNDRED SIXTEEN AND ~ 88/100--------------------- -----__~.~oltantS1I6.88 ).commencingon ' f the 6rst day of J~e , 19 73 , and on the first day of wch monlh thereaftu until the principal ' and interest are tully paid. eacept that the final payment of principal and interest, if not sooner paid, shall be due and payable on the first ~ i day of Mgy ~ 2003 , And shall duly. promptly, and fully perform, discharge, execute, effect. complete, and comply with and abide by each and every the stipulations. agreements, conditioas, and covenants d said promissory note and of this ma~tgage. then this mortgage and the estate hereby created shall cease and be nutl and vad. And the mongagor furiher covenants as tollows: . I. That he will pay the indebtedness, as hereinbefore provided. Privilege is resenrod to pay the debt in whole, or in an amount equaf to one or more monthiy payments on the Qrincipal that are next due on the note, on the first day of any month prior to maturity: I'rovrd~d, twwever, that written notice of an intention to exercix such privilege is given at least thirty 130) days prior to prcpayment; and, provided further, that in the event the debt is paid in full prior to mawrity and at that time it is insured under tht provisions of the Nauonal tiousing Act, he will pay to the mortgagee an adjusted premium charge of one per centum 115fo) of the original principal amount thereof. e:cept t6at no adjnated premium charge shall be due ot payable where paymeat io tntl is made after t6e Aae date ot tAe 120th schcdnled peyment and in no event shall the adjusted premium exceed t6e aggregate amount o( premium c6arges which wonld 6ave been payable if this Mortgage had coatinued to be insured until maturity, such paymmt to be applied by the mortgagee upon its obligation to the Secretary o( Housing aad Grban Development on account ot mottgage iosnranc • aoox 2~4 Ya~t ; ~ ~ ~~~~~~`~T~~ :3 ~'~".~'S'~'~5?+~~~~. ~ Y,~ .~Y~ ~ +ne.. . i~ 3~J~ec. ~w 5 ~y.w~~_ . , ~ _ . ~ -,4'~2'~..:. _r~='_ .