HomeMy WebLinkAbout2277 ~ ; ~ ~ . . 255666 ~ .
STATE OF FlOR10A
This form is used in connectioo ~
FHA fORM NO ~/10 ~u with mortgages insured u~der the ~
R.~la.d Mweh 197Z one- to four-family prarisions of
the Nalionsl Housir~g Acf.
MORTGAGE ~
THIS MORTGAGE. datod the 26t2'1 day of ~Y ~ A. D. 19 73 . by and i
~~W«~ SHSLDON JAMBS COX, a s i ngle ~na n
hK~~~na c~ioa u~~ ~,«~~a, ~„a PHIPPS-HARRINaTON CORPORATION-FLORIDA , d/b/a ~
FIR4T ORLANDO MORTaAGE COMPANY, POST OFFICB BOX 6067C, ORLANDO,
FLORIDA 32803 , a corporatioa or~anized and existing under the laws of' t he S~ A te Of
D@ 18 W81`@ . hcreinafter called the mortgagee.
WITNESSETH. that for divers good and valuable considerations. and also in cotuideration of the aggregate sum named in the
promis~ory note hereinaftec described. the_said mort~r does hereby grant, bargaia sell. alien, rcmix. relase. conrney. and confirm unto
the said mort~a~oe alt that certaia piece. parcel, or tract of ta~d of which the said mortgagor is now seiud and poasessed and in actual
poasession. situate in the couniy of ST . LUC I$
and Stste of Florida, described as follows: .
Lot 7, LESS ~he East 10 feet thereof,
BloQk 2, LINDAS HILL, a subdi~ision !
according to the plat ~hereof as i
recorded in Plat Book 9, at Page 56
. of the Public Records of St. Luefe - ~
County, Florids . * ~ * * ~ ~ * *
~
-
~
- ~ ~
- ;
~ . . . : . . . . . . . . . . . . . . . . . . . . ~ ~ ~ 191~'
g ~ R I ~1 ~c~ ~ ~~~i'eat~°'~` ~ dD, '
STAT - Lt~ tJ A a? c~"'E ~ v~?
~ ,l ~ o= ~ ~QCUMENTAR7 STAMP TA a ~ ~ d~'~t ~ ~'~ttt, S~'
i, z c~ c-+ DFVT.OF REIfENIlE ~ i ~~r~-- ~ G~
~ ~ X ~ ~ N = = ; 2 3. 4 0 ~ ~
~ - . ' ~
~ ~ ° " . ~ =~~a: .
_ o -
. -
~ . . . . . . . . . .
_ ~r -
0
Together with all structures and imptovements now and hereafter on said land, and fixtures attached thercw, and all rents, issues,
proceods, and profits accruing and to accrue from said premisrs, all uf which are included within the foregoing desc~ipiion and ihe
habendum thercof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating,
and power rystems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pmain 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 singulaz the tenements, hereditaments and appurtenanca thercunto
belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues, and profiu thercof. and
atso all t6e estate, right, tiQc, interat, homestead, dower and right of dower, separate eslate, possession, daim and demand whatsoever, as
welt in law as in equity, of the said morigagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in
and to the same, and ev~ry part and parcel thereof unto the said mongagee in fee simple.
And the mortgagor hereby coavenants with the mortgagee thai he is indefeasiWy uized of said land in fee sirn~le: that he has full
power and lawful right to wnvey the same in fee simple as aforesaid; that it shaU be IawrfW for the nwrtgaaee. at all times peaceably and
quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof: that the (and is and will remain free trom all
encumbrances: that said mortgagor wifl make such further assurancts to prove the tee simplt title to said land in said mortgagce as may be
reasonably requircd, and that said mortgagor does hereby fuliy warrant the title to said land, and every part thereof, and will defend the '
same against the lawful claims of all persons whomsoever.
PROV IDED ALVIfAYS, and these praents are executed and deliverod upon the fdbwing conditions, tv wit:
The moregagor aeees to pay che mortgagee, or ordcr, ttie principal sum otFjj7~j+g~N THOUSAND S IX HUNDRi',D & NO/l OG
~0~~~ l~j ~ 6QQ. QQ as evidenced by a note of even date herewith, with interest from date at the i
rate of s~`j~N per centum ( 7 96) per annum on the unpaid balance
umi~ paid. The said princi~ and incerest sh~~ be Payawe at the office otpglpps _~p~INGTON CORPORATION-FLORIDA ~
d/b/a FIRST ORLANDO MORTaAG~ COMPANY, Post OfYice Box 6067C, Orlando, Florida :
or at wch other place as the holder of the note may designate in writing, m monthly installments of 328 03
ON,?, HUNDRED THR~r: AND 90/100 - - - ~0~~~ ~510~ . 0 ~mmencing on ~
the first day of J~Y A D , 19 73, and on the first d y of cach monih thereafter uetil the principal ;
~~d inte:est a:e paid, except that ttee final payment of p~rir~ci~al and interest, if nd sooner paid, sball be due and payablo on the 6rst i
day ot Nj~jr, ~ A. D. ~ 20_~ '
Md shall duly, promplly, and fully ~~~.orm. discharge, exceute. eftect. complete, and comply with and abide by each and every
the stipulateons. agammts, cooditio~. and covenana of said promissory note aad d this mongage, then this mortga~e and the utate
hereby creatod shall cea~ and be aull ~?nd vad.
And the mortgagor further covenants u folbws: ~
1. That he will pay the indebtodnas, as hereinbcfore providod. Privilese is «served to pay the debt in whdt, or in an amount equal
to one or more monthly payments on the principal that are neat duc on the note, on the first day of any month prior to maturity: I'rovidrd,
howevtr, that written notice d an intention to exercise wch privilege is giren at leau thirty 130) days prior W prepayment: and, provided
funher. that in the event the debt is paid in full prar to maturity, and at that time it is insured under the provisions of the National
Housi~g Act. he will pay to the mortgagee an adjusted prcmium charge d one per cemum I l Sfr ) of tFx original principa) amount thereof,
except that uo edjusted premium charge shall be due or payable wdere paymeat in lufl is made after t6e due Aate oi t~e 120th
scheduled pqymentand is no eveot shall the adjusted premium e:ceed t6e a6Bregate amount o( premium ebar6es vv6ic6 would 6ave
beeq payable i( this Nortsa6e had coatinued to be insuted unti) maturity~ snch payment to be epplied by the rt.ortgegee upon its
obligation to the 8ecretary o( Housing and l'rban Developmeat on account o( mortgege insurance.
2i4 ~~:~~~?6
~ ~ ~ : . ~
-m~~~~~ ~ _ ~