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HomeMy WebLinkAbout0119 . ~~~/`r ` ~ ~ SI`-24 , SOS g ~ S~4D-965~,p3 ~ , STATE OF FLORIDA ~N M'~~ p~"OtE~ ~c ' 7C Qf ~y~~~/Y This form is used i~ connection FHA FORM NO 2110 m ~ µ~s with mortgages insured uncier the R•~is.d ?~oreh 1972 ~~p ~C ~K~~ 1•~~' EU'' one- to four•family provisions of 1~"~ q~ ~\E the National Nousing Act. w~'~` ~~~MORTGAGE a~` THIS MORTGAGE, dated tho 1St day of ~y , A. D. 19 73 , by and between ISAAC JEFFERSON and J~OANNE JEFFERSON, hfs wife , hcreinafter called the mortgagot, and ~ 3TOC~ON, WW~TLEY, DAVIN ~ C~OMPANY . a corporation organizod and existing under 1hc laws ot Stete of FlOrida ` . hereinafter called the mortgagee, WITNESSETH, that for divers good and valuable considerations. and also in considuation of the aggrcgate sum named in the - promissory note heroinaFter dcscribod. the said mortgagor does tiereby grant. bargain, scll, alien. remise. relase. convey. and confirm unto the said mortgaget a!! tha! cerlain piece. parcel, or tract of land of which the said mortgagor is now xized and possased and in acwal posxssion. situate in the couoty of St. Lucie and Statc ot Florida, described as follows: Lot 292, SI~RATON PLAZA, LTNIT FOUR, REPI,FIT, according to the plat thereof as 'recorded in Plat Sook 26, paqe 18 of = the Public Records of S~. LUCie C,bunty, Florida. ~ } Together with the following items of property which are ~ ' located in and pezmanently installec~ as a pttrt of the impmvements thereon on said land: RANGE: ORBUN, MODEL G-30, ~RI~3L N[)MBER 3030 RF~NGE NOOD: MIAMI C?1REY, MC~EL 3730 SPACE HFATER: DEARBORN, MODEL DVF-65 REFRIGERATOR SEARS COI.,DSPOT, t~IODEL 68211, SERIAL NU'4BER S-31052684 Thc express enumberation of the foregoing items sr.all not be deemed ~ to l.imit or restrict the applicability of any othe; language describin~, in ger.eral terr.?s ether ~roperty intended to be covered hereby. _ ~ ~ ~ ~ 4 ~ a ~ ~ ~ ~ STATE DOCUIIENTAP.Y 9T11MF'S T?FFIX£~ TO T~ff OWGINAL NCYPE AI~ID CANCFI.L~. I ~ r - Together w~ith all structures and improv~ments now and hereafter on said land, and fixtures attached thereto, and aU rents, issuea - proceeds, and profits accruing arnf to accrue from said premises, all of which are included within the foregoiog description and the L~~ habendum thereof: also all gas, steam, electric, water, and other heating, cooking. rcfrigerating. lighting, plumbing, ventilating, irrigating, ~ arxi power systems, machines, appliances. fixtures, and appurtenances, w•hich ~ow are or may hereafter pertain to. or t?e used with, in, or - c on said premises, even though they be de~ached or detachable. " TO HAVE AND TO HdLD the samc, together with all and singular the tenements, hereditaments and appurtenances thereunto - belongirtg or in anyw~ise appertaining, and the reversion anJ reversions. remaindcr or remainders, rents. issues, and profits thereof, and also al! the estate, right, title, inte~est. homestead. dower and right of dower. xparate estate. possession, claim and demand whatsoever, as r; ;n w•ell in law as in eyuity, of the said mortgagor in and to the same, and every part lhercof, with the appwrtenances of the said mortgagor in z-_, o and to the same, and every part arxt parcel thereof unto the sa+d morigagee in fee simple. ' = E? And the mortgagor hereby convenants with the mortgagee that he is indefe~ibly seized of said land in fee simple: that he has full ~ F.~ power and lawful right to convey the same in fec simple as aforuaid; that it shall be IawfW for the mortgagee, at all times peaceably and _ s~ quietly to enter upon. hoW. occupy. anei en:~:y said land, and cvery part thereof: that the land is and K~ill remain free from all - z Q o ertcumbrances: that said mortgagor wi11 make such further assurances to prove ~he fee simple tiUe to said land in said mortgagee as may be - reasonably required, and that said mortgagor does hercby full}• warrant the tiUe to said land. and ~very part thereof. and wil! defenci the - same against the lawful ctaims of all persons whomxxver. PROYIDED ALWAYS, and these presents are executed anJ delivered upon the fallowing conditions, to wit: The mortgagor agees to pay the mortgagee, or order. the principal sum of EI G?~iPEEK TfiCUS11'1J , F.I GFIr f:(??a` FiTD , FT:'TY F j~~ Dollars !S 18 ~ 8 S~ • flfl as evidenced by a note of even date herewith, with intcrest from date at the rate of A S~ve:l pcr centum 1 7 ~?c ) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of StOCktOn, ~r'hatley, D~vin &^oz•,pant/ 1C~0 t•7est Bay Street, 3acksonvilZe, Florida 32202 or at such other place as the holder of the note may designate in writing, in monthly installments of ONF. HL'*DRII) AI~'D TWE?~PY FIVF. DOLI.ARS API'~ S~l.!lOn- Dollars IS 125. 54 commencing on the first day of Jtlj f . 19 73, and on the first day of each month thereafter umil the principal and +rtterest are fully paid. except that the final payment of principal and intcrest, if not xwne~ paid, shall be due and payable on the first day of JLiaE , 20G~3 , And shall duly, promptly, and fully perform, discharge, execute, eRect, complete, and comply with and ahide by each and every the stipulations. agreemenls, conditions, and covenants of said promissory note arKi of this mortgage, then this mongage and the estate hcreby created shaN csase and be nul! and void. And the mortgagor further covenants a~ follows: L That he will pay the indebtedness, as hereinUefore pruvidccl. Privilege is reservcd to pay the deb! in whole. or in an amount equal te~ one or morc monthly paymrnts on the principal that are nett Jue on the nute. on the first Jay of any month prior to matority: !'rn?•ided, however, that written noiice of an intenlion t~ eaercise such privilege is given ai least thirty 1301 days prior to prepayment: and, provideJ ~ further. that in the event ~he debt i~ paid in futl prior to maturity and at that time i~ is insured under the provisions of the National Houcing Act, he will pay to the mortgagee an adju~ted premium charge of ~ine per cenwm 11'~ 1 of the ~xiginal principal amount thercof. except that no adjusted premium charge shall be due or pa}able ~.here payment ~n luil is maAc af~er the due date oi tne 120th sc-heduledpa}~mentand in no event.hall the adjustedpremium exceedihe agRregale amount of premium charges..hich Nould have tKen payablF i! this ~1ortRaRe had continued to be intiured until maturity, such payment to be applieJ b~ the mon~taRec upon it~ obliRation to tAe Secretary o( Nousin~ and Crban 1)evelopment un a~eount o( mortgage insurance. ~~~K 2'15 P~~ ~.19 ~ _ ~ .