HomeMy WebLinkAbout0216 ST-24,351
SWD ~965221 ~
STATE OF FlOR10A v p~`r~EN~ ~~•~p~E~
~E 'J OF ~y~~' frl~ This fam is used in comection
FHA FORM NO 2110 m ~ ~~~~G~B ~15 ~ with mo~t~ages insured under the
R•~Is.d ?~or~h 1972 AECE~`~~S'C ~E~ 11•~~ one- to fou~-family p~ovisions of
o~?~ to tl?v'P~~ p~~~?E the National Housing lkt.
.
256336 ~ ORTGAGE
~
THIS MORTGAGE. dated the 1St day of Hgy , A. D. 19 73 . by and
JAt~II:S J. $ROHN a~nd IOLA BRiOfiN, hie Wife •
hereinafter caited the moctpsor. and
STOCKTON, i+THATI.EY, DAVIN b COI~ANY
. a cotporstioa organized and eaisting under the laws ot StBte of Florida
, hereinafter called the mortga~ee, .
WITNESSETH, that tor divets good and valusble co~iderations. and also in consideration ot the agaregate sum namod in the
promiss~ry note hereinaftu describod. the said mortsagor does hereby ~ran~ bu~ain, ull. alien. remix. relsse. convey. and confirm unto
the said mortga~ee all that certain piece. parcel. or tract of land of which the said mortaa;gor is aow seized and posses.sed and in utual
possession, situate in the county of St. Lueie
and State of Florida, described ss ldlows:
Lot 317, SHERAT~ON PLAZA UNIT FOIIR RBPLAT, -
according to the Plat thereof a8 recorded in
Plat Book 16, page 18 of the Public Records
of St. Lucie County, Florida.
Together ~rith the follo~ring items of propertq .
Which are located in aad permaaently installed as a part of the
impravemeats thereon on said Iaad:
RANGE : ORBON, I~1DEL G-30, SERIAL NUI~BR 3046
xANGE fl00D: MI~.MI CAREY, MODEL 3730
SPACB HEATER: DEARBORN, HODEL DVF-65
The express en~beratioa of the foregoing items shal2 aot be deemed
to limft or restrict the applicability of any other language describing
in general tenas other propertq intended to be covered herebq.
STATB DOCUMENTARy STAt~S AFFIXED TO THE ORIGINAL NOTE e~ND CANCELLED.
Together with all structures and imp~ovements now and hereafter on said iand, and fixtures attached thereto, and all rents, issues,
proceods, and pro6ts accruing and to accrue from said premists, all of which are included within the faregoing descript"an and the
habendum thereot; also all gas, steam, clectric, water. and aher heating. cooking, refrigcrating, lighting, plumbing, ventilating, irrigating,
and power systems. machines, appliances, fixtures, and appurtenances. which now are or may heroafter pertain to, or be used with. in, or
~ on said premises, even though they be detached or detachable.
TO NAVE AND T~ HOLD the same, together with all and singular the t~nements, hereditaments and appurtenances thereunto
> belonging or in anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues, and profits thereof, and
also all the estate, right, title, interest, homestead, dower and right of dower, separate estate, possasion, claim and demand whatsoever, as >
well in law as in oquity, of !he said mortgagor in and to the same, and every part th~roof, with the appurtenances of the said rr~rtgagor in
t and to the same, and every pavt and parcel thereof unto the said mortgagee in fee simple.
J 0 And the mortgagor hereby convenants with the mortgagee that hc is indefeasibly seized of said land in fee simple; that he has full
a~ power and lawful right to convey the same in foe simple as aforesaid; that it shall be lawful for the mortgagee, at all times pesceably and
~ t~ quietly to entor upon, hold, occupy, and enjoy said land, and every pan thereof; that the land is arxi v?i11 remain free from aIt
~ O encumbranees: that said mortgagor will make such further assurances to prove the fee simple iitle to said land in said martgagee as may be
3 i ~ reasonably required, and that said mortgagor doa hereby fully warrant ~he title to said land, and every pan thereof, and will defend the
y sar?~ against the lawful claims of all persons whomsoever.
o V~ PROV IDED ALWAYS, and these presents are exccuted and delivered upon tho tollowing conditions, to wit:
~ W o The mortgagor agrees to pay the mortgagee, or order, the principal sum of rjj~TEEj~i THOUSAND 1W0 HUNDRED AND 00/100
~ F~ Doltars (S 1 j~ 2QQ. QQ as evidrr~ced by a nole of evcn date htrewith, with interest from date at the
u F- rate of SeV~ per centum ( 7%) per anoum on the unpaid balance
~ until paid. The said principal and interat shall be payable at the office of $tOCiCtOII ~ Wt18t1@~?~ Davin br C O
n
t
p 8 n~
1
1Q0 W
e~ t Bgq r e e t Jac k
aon
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i l le F
lp~ da 33 202
e2i or at wch other place as t e hol d br o t e note may designate m wr~t~ng. ~n monthly instal~ments of ,
Dollars IS commencing on
~ m" ONE HUNDRED 1i~iEtiTY SEVEN AND 87/1Q0--------- 127, $7
Z t M the first day o( July •~9 73 , and on the first day of each month thrreafter until the principal
~ a n
d interest ara fu lly paid, except that the final payment of principal and interest, if not sooner paid, sha!! be due and payable on the first
~ day ot J~~ ~ 2003. '
And shall duly. promptly, and fully perform, dixharge, ex~cute, ePFect, complcte, and comply with and abide by each and every
the stipulations, agreements, conditions. aad covenants of said promissory note and of this mortgage, thcn this mortgage and the estate
hereby crwted shall cease and be nuI( and void.
.4nd the mortgagor further covenants as follows:
1. That he will pay the irxiebtedness, as hereinbefore provideri. Privilege it reserved to pay the dobt in v?•hole. or in an amount equal
to o:?e or more monthly payments on the principal that are next due an the note. on the first day of any mo~ih prior to maturity: /'rr,?~idrd,
however, that written noticc of an intentiun tu exercise ~uch privilege i~ given at least thirty 130? days prior to prepayment; and, provided
further, that in the event the debt is paici in full prior to maturity and at that time it ic insured unJer the provisions of the tiational
Huusing Ac!, he will pay to the mortgagee an adjusted premium charge of onc per centum 1!~r ? of the original p~incipal amount thereof.
except that no adjusted premium charge shall be due or papable ~rhere payment ia tull is made a(ter the due date ot tee 120th
scheduled payment and in no event shall the adjusted premium exceed the aggregate amouot of premium charges which w onld have
been payable if thic \1ortRaqe had continued to be insured unti! maturity, such payment to be applied by the mortgaRee upon its
obli~ation to the Cecretary o( Housin~t and l~rbad Development on account o( mortRage iosurance. _
6uC~
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