HomeMy WebLinkAbout0268 ~,~rvp3s'~ SWD #965119
STATE OF FLORIDA ~ ~ ' _
This fam is used in connection
FHA FORM NO Z110 m 1N~~. ,Y~~ with mortgages insured unde? the
R•vls•d AAo~ch 1972 ~ o~e- to fou~-famity prOVisials of
~ ,Njp1G\6~ ~~S the National Housiog Act.
~ 11•1'~•
~R~"~ ~iR~s~`~ ~RTGAGE
U ~
G?~K c1~lt
THIS MORTGAGE, Jatcd the ISt daY ~ Mgy . A. D. 19 73 . by and
~~W~~ JOHN A. HONARD aad JUANITA HOWARD, his Wife .
hereinafter called the mortgngor. and ~
STOCKTON , WHATLEY, DAVIN ~ COIrII'ANY }
, a corporation organiud and existing under the laws oi $~te of FlOt'id8 '
, hereinatter callcd the morigagee, -
WI7NESSE'TH, that for.divers good and valuable considerations, and also in consideration of the aggrcgate sum named in the
promi~ory note heroinafitr describod, the said mortgagor doa hereby gant, bugaia. xlt. aliet~. remise, rdase, convey. and confirm unto
the said mortgagee alt that certain picee. parcel. or tract of Iand of whith tlte said mottgagor is now seiud and posxsxd and in actual '
possession. situate in the county of St. Lueie '
and State of Florida. dac~ibcd as follows:
Lot 315, SAERATON PLAZA, UNIT FOUR, REPI.AT, :
according to the Plat thereof as recorded in ~
Plat Book 16, page 18 of the Public Records ;
of St. Lucie County, Florida.
Together with the £ollowing items of propertq ;
vhich are located in aad permanently installed as a.part of the ~
improvements thereon on said land:
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RANGE: ORB0~1, MDDEL G-30, SBRIAL NIA~ER 3032
RANGE HOOD: MIAMI CAREY, MODEL 3730
SPACE HEATBR: DEARBORN, MODEL DVF-65
REFRIGERAI'OR: SEARS OOLD6P0?, I~DEL 68211, SERIAL NUMBER S31153579
1he express enumberatioa of the foregoing items shall not be deemed ~
to Iimit or restrict the applicability of any other language describing
in general terms other properCq intended to be covered herebq.
STATE DOCUMENTARY STAMPS AFFIXED TO THE ORIGINAL NOTE AND C,ADTCELLED. -
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Together with all structures anel improvements now and hereafler on said land, and fixtures attached thercto, and all rents, iswes.
roceeds, atK1 ~
p profits accruing and to accrue fram said prerriises, afl of which are included w•ithin the foregoing description and the
` t o habendum lhereof: afso all gas, steam, electric, water. and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating. ~
G~ r and power systems, machines, appliances, fixtures. and appurtenances, which now are or may hereafter pertain to, or be used with, in, or
g on said premises, even though they be detachect or detxhable. :
~ 0 TO HAVE AND TO HO(_D the same, together w•ith all and .ingular the tenements, hereditaments and appurtenances thereunto t
r betonging or in anywise appenaining, and the reversion anJ revenions, remainder or remaindets. rents. issues, and profits thereof, and -
? ~ also all the estate. right, titte. interat, homestead, dower and right of dow~er, separate estate. possession, claim and demanJ whatsoever, as
T ~ ~ vvell in {aw as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in ~
~ V~ and to the same. and every pan a~x1 parcel thereof unto the said mortgagee in fee simple. ~
~ W c And the mortgagor hereby convenants with the morigagee 1ha1 he is indefeasibly seized of said land in tee simple; that he has full
Q F~ power and lawful right to convey the same in fee simple as aforesaid; that it shall be lav?ful for the mortgagee, at all times peaceabty and
quietly to enter upon, hold, occupy, and enjoy said IanJ, and every part thereof; that the tanJ is ancf will remain free from al!
~ f" encumbrances: that said mortgagor wi1! make such further assurances ~o prove the fee simple title tosaid land in said mortgagee as may be
reawnably requirecl, and that said mortgagor does hereby fuUy warrant the tiUe tu said land. and every part thereof, anJ will defend the
~ same against the lawful claimt of all perwns whomsoever.
PROV IDED ALWAYS, and thcu presents are executed and delivered upon the following conditeons, to wit:
~ a ~ The mortgagar agees to pay the mortgagee, or order, lhe prencipal sum of ~Ng~~ ~ppSAND AND NO/100-
Z ~p o Dollars IS j9 ~QQQ.QQ as eviJenced by a note of even date herewith, v?ith interest from date at the
Q a rate of seven Per centum ( ~ Gfr ) per annum on the unpaid balance
m until paid. The said principal and interest shall be payable at the office of ~ y~ ~ ~
~ Stockton Whatle Davin & C an
100 West Bay Street Jacksonville, Florida 33202
or at such other place as the holder of the note may designate io writing, in monthly installments of
O~NE HUNDRED TWENI'Y-SIR AND 54 /100--------- Do1ia~ ~S 126 .54 1. commencing on
the first day of July • t9 73 • and on the 5rst day of each month thereafaer until the principal
anJ interest are fully paid, exceQt that the 6aa1 payment of principal and interest, if not sooner paid, shall be due and payable on thC first
day of June, 2003. .
And shall duly, promptly, and fully perform, dixharge, execute, eRect, complete, and comply with and abide by each and every
t sapulations, agrcements, conditions, and covenants of said promissory nott and of this matgage, then this mo~tgage and the estate
t~by created shall cease and be null and void. ~
And the mortgagor further covenants at follows:
1. That he will pay the indebtedncss. as hereint~rfore pro4ided. Privilege is reserved to pay the debt in whole. or in an amount equaf
tu one or more rrwnthly payments on the principal that are neat due on the note, on 1he first day of any month prior to maturiry: /tim•idrd.
huNever, that writteo notice uf an intention to exercise such privilege is given at least thirty 1301 days prior to prepaymen~: and_ provided
further, that m the event the debt is paiJ in full prior to maturity aAd at that time it is insured ur.der the provisions of the National
Huutiing Act. he wiH pay to the murtgagee an adjusteJ premium charge of one per cenwm 1 I ) of the original principal amount therevf.
etcept that no adjusted premium charge shall be due or payable ~~here payment in fa:l is made after tAe due datF oi the 120th
s~•heduled paymeat and in no ~rent shall the adjusted premium exc~ed the aR~regate amount o( premium charRes Nhich would have
6e•~n payable if this 11ortRag~ had coatioue•d to be insuted until maturity, such payment to be applied by the mortgaRee upon its
ubliRation to the Sec-retan• o( Nou.inR and (~rLan De~elopment on a~-couot o( mortRa~te insurance.
gOC~z~S P~E z~~
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