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HomeMy WebLinkAbout1791 ~ $ 25`7342 . . .f_,~[S . i~ , ~ Of ' STATE OF FLORIDA Q l P*~~Jf;a~ Y y~~~~ This fam is used in connection F H A F O R M N O Z110 m ,•~wG~ O~ I S~'S ~ with rtwrtgages insured under the Rwls~d Morch 197~ ~•n 11"1 ~,S ~`v_ OI)@- to four-family provisions of R~ia. t`~ r,N~~ Ea ~~5~~ W~~' the National Housi~g Act. ~ w~'`` MORTGAGE a~ THlS MORTGAGE, datai the lst day of ~»n~ , A. D. 19 73 , by and betwetn A'.~TNIE B. P!iTI.LI PS ~ a M ido'..• , hereinafier callai the mortgagor, and S'TOCK'POiV ~ W t-IATLEY ~ DAVI N 6 COt:PF NY ~ , a corporation o~ganiztd and existing unde~ the laws of State Of F~orida , h~reinafter called the mortgagee, WiTNESSET'H, that for divers good and valuable considerations, and atso in considaation ut Ihe aggregate sum named in the promissory note hereinallcr described, ihe said mortgagor doa hereby grant, bargain, se11, alien, remise, relasc. convcy, and conRrm unto the said mortgagee aU that cenain piece, parcel, or tract of land of which the said tn~ngagor is now uized and possesxd and in acwai - possession, siwatc i~ the county of St . Lucie ' and State of Florida, described as follows: ` 4 IAt 311, S:~RATO:: PLA.ZA LTTIT FOUR ItEPL~T~ accordinq to the Ptat thereof as recordec3 in Plat Ao~+k 1.6, g~ge 1$ o€ t~e ?~u~2? ^??ecords of st. L~~cie County, Flori~a. Together with the followin~ items of property w::ich are located in ar.d ~ezmanently instal~ed as t~ nar~ of the im~~rove~:e~ts thereon on said land: ; iiANGE: ORL~(?N, lYODEL G-'30, SERIAL NUMEER ~3'J39 ~211t~GE HOOI): D;IAMI C.T~REY, *IODEL 3?30 SPAL'E HEFsTER: DEARBORN, 2~!QDEL DVF-55 REFRIGER~ITOR, SEII?tS COIdSPOT, MODEL 682?1, SEF,IAL NUMBER S-30517789 The express en~.unberaticn of *h~ foregoing iter.s shall not bP deer.ed to linit or restrict the apglicahility of any other languaqe describinn _ ?n ~eneral ter*:.s other p-o~erC., inte:~~?ed to be covered hereby. s t 4 STAT~ DOC(RfF.N~ARY STAI~!PS AFFI}~f'.D TO THE O?~IGII~AL NOTE APD CANCELLED. ! ' Together with all structarrs and improvements now and hereaher on said land, and fixtures attached thereto, and a!I rent~s, issues, - proceeds, and profits accruing and to accrue from caid premises, all of w~hich are inctuded within the foregoing descriptan anJ the ~ habendum thereof: also all gas, steam, electric. ~ater. and olher heating. ciwking, refrigerating, lighting, plumbing, ventilating. irrigating. } arxf power systems, machines, appliances. fixturrs. and appurtenancrs, which now are or may hereafter pertain to, or he used wi~h. in. or ' on saiJ premises, tven though they t+e detached or detachahle. TO HAVF AND TO HOI_D the same, together uith all and ~ingular the tenements, hereditamentx and appurtenances thereunto _ belonging or in anywise appertaining. and the re~~enion and reversions. remainder or remainden, rents, istiues, and profits thereof. and - alw all the estate, right, tille. interest, hamestead. Jow~er arxi right of dower, separate esiate. pcx.session, claim and demand whatsoever,.as - ~ well in law as in equity, of the said mo~tgagor in arxl to the same, and every part thereof, with the appurtenances of the said mortgagor in ; ~ a and to the same, arxf every part and parcei thereof unto the said mcxtgagee in fee simple. i ~ z~, And the mortgagor hercby com~enants with the mortgagte that he i~ indefeasibly seized of said land in fee simple; that he has full power and lawful right to convey the same in fce simple as aforesaid: that it shall 6e lawful for the mortgagee, at all times peaceably and ~~r, ' yuietfy to enter upon, ho1J. occupy, anct enjvq ~aiJ land, and every part thereof: Ihat the land is and w•ill remain t'ree from all ~ Q v rncumbrances: that said rtwrtgagor w•ill make such further assurances to prove the fee simple title to said land in said rimortgagee as may be j rcau~nably requireJ. and that saiJ mortgagor Joes hereby fully uarrant the titlc to said land, anJ every part thereof. and K•ill defenJ the 7 wme against the law~ful claims of aH persons whomwever. + - i ^ PROVIDED RI.WAYS, and these presents are executed and delivered upon the folbwing corxiitions, to wit: E The mortgagor agrees to pay the mortgagee, or order, the principal sum of EI ~F~EF"7 T'iCUSI!rm ~ F.IG!-'P fiiJ*~P,~ & FIYTY& ~ Dollars IS 18 .850.00- as evidenced by a note of even date herewith, wilh interest from date at the , rate of SEVF.'V per centum ( 7 rc ) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of STCK:}CI'QpI ~ t•!~F.TLEY ~ DA .'I'Q F L~Of~iP~t~IY ~^n ;•7est Bal Stree*_ , Jacl:som~i lle, F~Crlda 32202 or at wch other place as the hoWer of the note may designate in writing, in monthly installmenu of CNE H'J1~?RII) & T~~IE2JI"1 FIV^ F. •-4,!1('('- - - - - - - - - - - - - - - - - - - DollarslS ,5~25.Sn- - - - - - - -).commenc~ngon the first day~ of Ju1_y , 1973 , and on the first day of each month thereafter until-ihe principal and interest are fuUy paid, except that the fina! payment of principal and interest, if not sooner paid. shall be due ancl payable on the first day of Jur.e , 2^Q3 . And shall duly, prumptly, and fully perform, discharge, eaecute, effect, complete, and comply with and abide by each and every the stipulations, agreemenis, conditions, and covenants of said promissory note and of [his mongage, then this mortgage and the estate hereby created shal! cease and be null and void. And the mortgagor further covenants as folluwx: I. "That he will pay ihe indebtedness, at hereinbefor~ provideci. Priv+lege is rrserved !o pay the debt in hhole, or in an amount equal tu nne or more monthly paymenls on the principal tbat are next due on the nota on the first Jay uf any month prior to maturiry: I'rnrided. however. Ihat wntten notice of an intention tu exercise such privilege is given at least thirty 1301 day~ pri~ W prepayment: and. provided furiher, that in the event the debt is paid in fuil prior to maturity and at that timc et is insured under ~he provisions af the National Nousing Act. he will pay tv the murtgagee an adjusted premium charge of one prr crntum 11 ) of Ihe ~xiginal principal amcwnt thereof. eacept that no aJjusted prFmium charge shall be due or payable tivhere pa~•ment in tu:l ~s made a(ter the du~ date oi ihe IZOth s~heduled paymentanJ in no e~ent shall the adjusted premium ecceed the aggreRate amount o! premium chat~tes which Nould haee dcen payabl~ iI thi~ 11ortRaRc had continucd to bc insured until maturitr, such paqmPnt to be applied hy the mort~agee upon itc obliRatioa to the ~ec~etary of HoasinR :~nd l rban De~~elopment on accuuet o( mort~aRe insuranc~. a~~Gr ~~5 ?~~c ~ I!'~~ - , ~r; ; ~ . s_ _ - c ~ .