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HomeMy WebLinkAbout1020 v~' . - ~ ~ 256819 STATE OF FlORiOA This form is used in connect~on FHA FORM NO Z110 M with mortgages insured under the R•~is.~ Ocro?a 1974 one- to lour-family provisions o1 the National Housing Act. MORTGAGE THISMORTGAGE.Jatedlhe l,jtrl dayof ~11L .A.n. ~y 73 .t?y;~od. ~~M.«„ GRADY LLa and MINAIY~: P. L::~s, his wife hereinat~er ~atled the murtgagor. and ATATIONAL HOM~:S ACC:sPTANC.:: CORPORATION ~ La rl Avenue at Wallace, I.afayett~, Indiana 479~2 , a corporalion urganited and exisling un~itr the laws of t ht= S t a~ C C~ i ~p~.~ iU ~7a - . hereinatter called ~he mortgagce. WITNESSETH, that for Jivers gaxf and valuabk considerations, ~nd alco in con~iJeration ot the ap,Rregate cum named in the pramisso- ry ~wte hereinafter drscrit+eJ. the wiJ mortgagor does hereby grant. bargain, sell. alien, remi3e. release, convey. and confirm unto ~he saiJ mortg•rgee all ~hat cenain piece. parcel, or uart u( land uf which the ~aid mong:+gor i. now seizeJ tind posse~~eJ ~nd in acwal po~session, situ- ate in ~he c~wnty ot $T . LUC IG ~nJ State of Fbrida, descriheJ as follows: Lo n, S~i:.:.RATOr1 PLAZA, tR~IIT T:JO R:PLA''_', ~ ; accor:~in~ to th~ glat therecf, as recer~~~~ in Flat Book 16, Page 2, Pu~lic c~ec~rds of ~ St. Lucie County, Florida. * * * * ~ ~ : _ - ~ ' ~ STATE oF FLORIDA - ~ DOCUMENTARY .~.~STAMF iA) ~ ' ~ °c-~ DfPT.Of REVEMUE i~`•'s ' _ r ~ • ' Z 8. O - :3 ~ = P&= ~UAi<•T3 ~ ; ~ ~7 ~ ~ . J ~ ~ o ' 111Qt sf ~ z ~9 . ! ~ 'i • ~ ~J IN PAYMENT OF TAXES RECEIYED ~ Dilf Oti CIASS 'C IHTAMGIBLE PE~SONAL PR(PER(Y, - ~ pURSUANT TO CNAP~E2 71-134. ACTS OF 19]L ROGER r01TRAS ~ CLERK CtRCtNT OOURT, Si. LUCIE 00, FlA ~ ~ - t ~ Tvgether with all ~trucwre+ anJ improvemenl. now and here:~fter on said land. and fixwres attached lhereto. and all rents. issues_ pra- g reeds. and profitc aceruing anJ tu accrue (rom said premises. all of which are indudeJ Mithi~ Ihe foregoing description and the hat?endum Ihere- ~ of: alw all gas. staam, electric. water. and uthcr heating. cooking. retrigerating. lighting. plumbing, ventilating. irrigating. anJ power sy+tem.. ~ machinec. •rppliances. fixtuce.. anJ appurtenanccs. which nov?~ :+re or may }~rea(ter pertain to. or be used with. in_ or on said premixs, cven tfxwgh they tx delachal or detachabk. ~ TO HAYE AND TO HOLD the came. tugether with all ~nd singular the tenements, hereditamemti and appunenances thereunto txlunging x or in :myu i.r :~ppertaining. anJ the rrversion anJ revercionc. remainJer or remairtder~. rent+. iuue~. and profit+ thereo(, and •rku all the estate. ~ right. ~iUe. intere~t. hometittad. doMer and righl u( Jower, uparate etitale. pu~~e.+ion_ claim anJ demanJ wt~ahce~er. ac well in law as in eyui- t~. u( thz .aiJ mortgagor in anJ to Ihe .ame. anJ rvery part thereof. w ith Ihe appurirnance. o( the ~aiJ mortgagor i~ and to Iht ~amr. and e~•ery ~ pnrt and p:ucd ~hercot unto thr ,aiJ mort~agee in fee .imple. ~ AnJ ~he mortgagor herehy covenanh Ni~h-Ihe murtgagee Ihat he i. indetea,ib{y .ei~eJ of ~aiJ L•mJ in (ee .implr. that he ha. (ull puwer ~ anJ lawtul right ~o convey tlx .ame ia fee simple a~ a(oretaid: that it .hall tx law ful tor the mort~agce. at :~U Ume~ prare~bly aoJ quieUy to en- ~ ter uMm. huld. ~wcupy. anJ enjoy wid land. and every part thereo(; Ihat the I~nd i~ anJ wi0 remain (ree from all encumbrancec: that ,aiJ mart- ~ t;ngor M ill make .uch torther at~uranre~ to prove the fee tiimple titk to zaid IanJ in a+id mortg:~gec a~ may he rea~onably requireJ. and that said murtgagur d~xti hereby tully warrant the titk to ~aid Irnd. anJ every part lhereof. and will de(end Ihe same again~l the law(ul claim~ of all per- wn+ w hum~i?ever. PRUVIDF.D ALWAYS.:~nJ the~e pretient~ are e~ecute:l and delivered upon the fullowing conJitionc. 1o wi1: 'Ihe murtg:~gi~r agree~ to pay Ihe mortgagte. or order. the principal sum o( NIZj;~'j'~; ~j~; 'T_`~:Q+~SA.~D AND Iv0 /1 v Ik~Ilar.IS 1:~ ~:'v v 1. ac evidenccJ by a note of even date hcrew~ith. with intere~t trom date a11Fx rate ~f ;j L~T~jy _ per centum ( 7 !':1 per annum on tht unpaid balance F? until paiJ. ~fhe .aiJ princip:+l and intere.~ .hall tx payahlf al the office of pjA'?'IONAL H~I~LS AC~ e: P ~'ANC-: CO:-?PORF?`~'I0;! = L~r' at 'rJ~.llac4, L~rU-,;~*~.-. ~ Tn~'iana ~7'?,,,? - ~ ~~r ,uch uther place a~ tht hulJer o( the nvte may designate in writing. in monlhly in.tallmentc of Gi~~.~ :~~~ivD~,~:L' T`~1i:IvTY-SI~ EiN:J rj1=~l:~:~ -----ik,llarsl~ 120.~21 I.commencingon R3 tFrc fir,t Jay of * . 19 arxf on ttx firtt day ot tach m~nth thereatter umil IFx prirxipal and ALG~ST, A. D. 7~ intere~t are tully paid. e+ccept that thc fin:il paymcnt of prirxipal and interc~t. it not souner paid. chall b: due anJ payabk un the fint Jay uf ~ .~~;L~~, a. - And .hall July. promptly.:~nd (ully perlorm. Ji~charge. etiecute. eBect. complete. and cumply aith •rnd abide by erch ~nd ever~• the ~ti~w- la~iun,. agreementt. cunJitium. and coveoanh o! ~aid prumi~~ory note anJ ot Ihi~ morlg:+ge. then thi. mort~eage and the e~tatt hereby~ created K~3 ~hall ceau .+nJ Ix null anJ ~uid. ,AnJ the mor~gagor funher cu~rna~t~ a, (olluw.: 1. That he will pay Ihe indchteJnr.~. a~ hercinhe(ort proviJed. Privile~tc is re~erveJ to pry ~he deht in whulr. or in an amount equal tu one < ~~r more munthly ~ymenh on the principal ~hat are neit Jue un Ihe note. on Ihc fint day of an~ munth priur Io maWriW ? . huwe ihat w rinen nulice of an intrntiun ~o e~erci.e .uch privilege i. given :~t Ie:~.t Ihirty 1?01 Jay. prior 1~. prepa) ment. R~ y~ ~ ; - _ ~ . _ . -4 _