HomeMy WebLinkAbout0069 , ST-24,506
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STATE OF FLORIDA 7 6~~
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*~l5 . This fo~m is used in connection
FHA FORM NO 2/10 m ~K~
N~'~~ ~ ~y E
J` with mortgages insured under the
R~vls~d MorcA 1974 E4 ~ql~~`~~~ one- to four-family p~ovisions oi
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p gi. the National Housin
g Act.
25~239 MORTGAGE
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THIS MORTGAGE, ciated the jgt day of j~g~ , A. D. 19 73 . by and ~
bttween BBRNICB CROI~S .
hereinafter called the mortgagor, and
S1bCKTON, HHAT`LEY, DAVIN b OOMPANY
- , a corporatipn organiud and existing under the laws of $t8te of Florida
. hcroinaRer called the mortgagce,
WITNESSETH, that for divers good and valuable concide~ations, and also in considaation ot the aggregate sum named in the
promissory note hereinafter described. the said mortgagor does hereby grant. bargain, sell. alien, remise. relase. convey, and confirm unto
- the said mortgagee all that certain piece. parcel. or tract of land of which the said mortgagor is now seized and p~ssessed and in actual
posxssion, situate in the county of St. Lucie
' and Statc of Florida, described as follows:
` Y
Lot $22, SHERATON PLAZA, UNIT FOUR, REPLAT,
according to the Plat thereof as recorded in
Plat Book 16, page 18 of the Public Records
of St. Lucie County, Plorida. ~ ~
Together ~rith the folloWing items of propertq
which are located in and pera~suiently installed as a part of the
improvements thereon on said land: ~
RANGE: ORBON, MODEL G-30, SERIAL NUI~ER 3033 ,
RANGE HOOD: MIArII CAREY, MODEL 3730 ~
SPAGE HEATBR: DEAR80RN, MODBL DVF-65
REFRIGERATOR: SF.ARS OOLD6POT, MDDEL 68211, SERIAL NUI~B$R S-31153586
The express enumberation of the foregoing items shall not be deemed '
to limit or restrict the applicabilitq of any ather 2anguage describing
in general terms other property intended to be covered hereby.
< `
,~~o STATE DOCUI~NTARY STAI~S AFFIXED TO THE ORIGINAL NOTE AND CANCELLED.
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C l ogether with all structurea arxf improvements now anJ hercafter on said land, and fixtura attached thereW, and all rents, issues.
proceeds, and profits accruing and to accrue from said premises. all of w-hich are included withen the foregoing description and the
4 L= habendum thereof: also all gas, steam, eleetric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventiiating, irrigating. _
arxi wer s ttems, machines, a hances. fixWres. and a urtenances, w~hich now are or ma hereafter
po Y pp ' pp y pertain to, or be used v?tith, in, or
on said premixs, even though they be detached or detachable. .
TO HAVE AND TO HOLD the same, together w~ith all and singular the tenements, hereditaments and appunenances thereunto
` belonging or in anywise appertaining, and the reversion and reversions, remainder ix remainden. rents, issues, and profits thereof, and '
also alt the estate. right, tit(e. interest, homesteaJ, dower and right of dower, separate eslate. possession, claim and demand whatsoever, as
well in !aw as in equiry. of the said mortgagur in and to the same, anJ every part thereof, with the appurtenances of the spiJ mortgagor in
v anJ to the samc, and evcry part aixl parce) thereof unto ~he said mortgagee in fee simple_
~ U r, And the mortgagor hereby canvenants with the mortgagee ihat he is inJefeasibly seizeJ oF said la~d in fee aimplr; that he has full
f 4- power and lawful right to convey the same in fee simple as aforesaid: that it shatl be l}wful for the morigagce, at a!1 times peaceably and
~ LL quietly to enter upon, hold. occupy, and enjoy said land. and erery part thereof: tha~ the. land is and w~ilt remain free kom all
~
~ N r encumbrances; that said murtgagor will make such further assurances ro pror•e the fee simple title to said land in said mortgaget as may t?e
Q c reawnably required, and that said mortgagor does hereby fully warrant the title t~~ said la~x1, and every part thereof, and will defend the
~ same against the lawful claims af all persons whomwever. -
a~
= PROV IDED ALWAYS, and these presents are eaecuted and delivered upon the folbwing corKiitions, to w•it:
~ 77ee mort or a ees to a the mort
gag e p y gag«, or order, the priacipal sum of EIC~TEEN THOUSAND EIGHT HUNDRED FIF'1'~f AND
C1 / 100-~~~ars (S18 ~ 850.0~ as evidenced by a note of even date herewith, with interest [rom date at the
~a~e ~r seven P~r centum f ~~r ) per annum on the unpaid balance
uatil paid. The said principal and interest shall be payable at the office M S tOCiCtOA ~ Whatley, Davin & COIDpSIIq
100 i~est Bay 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 T4JENTR-FIVE AND 54 /100---------- ~O~~a`S (S 125. 54 commcncing on
the first day of Juj~/ . i9 73 , anJ on the first day of each month thereaRer until the principal
and interest are fully paid, except tha[ the final payment of princi~al and interest, if not wuner paid, shall be due and payable on the first
day o( Jime, 2003. • •
And shal] duly, promptly, and fully perform, discharge, ezecut~, efTect, complete, and comply with and abide by eaCh and every
the stipulations, agreements, conditions, and covenants of said promissory note anJ of this mortgage, then t6is mortgage and the estate
hereby created shall cease and be s?u~l and void.
And the mortgagor funher covenams as folluws: "
- 1. "fhat he will pay the indebtednc~s, ac hereinbefore provideJ. Privilege is recerved to pay the Jcbt in whole, or in an amount equal
tu one or more rrwnthly payments on the principal that are next due on the note. un the fir~t day of any month prior to malurity: I'rn?•ided.
huwever, Ihat written notice of an intention lo eaercise auch privilege is given at least thirry 130? days pri~x to prepayment: and. proviJed
further, that in the event the debt is paid in full prior to maturity and at that time it is insured under the provisions of the Natianal
Howing Act, he will pay tu the mur~gagee an adjusted premium charge i~f one per cemum 11 ) of the origiaal principal artwunt thereo(.
except thal no adjusted premium chatge shall be due or payable ~.h~re payment in tu:l ~v made aftet the dur date ot the 120th
sc~heduled paymeat and io no event shall the adjusted premium exceed thc agRregate amount of premium eharges ..hich Nou1d hace
be•~~n payable i( thi~ 11ortRaRe had continucd to be inwred until maturily, such payment to be applied b~• the mortgaFee upon its
obliRation to thr Secretan~ of NousinR and 1 rban nerelopment un a~•cuunl of mortga~e insurance.
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