HomeMy WebLinkAbout1796 ST-24,836
SWD -96S113 • •
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STATE OF FLORIDA
U~~Q 1y1~' TAis fam is used in connection
FHA FORM NO 2110 m , ~t S~ j~s`73~5 with mort8ages insured under the
R~vis~d Mwch 1972 ~G~O
y~, ~ one- to four-familr provisions oi
~ ~ ~Nt a~ ~ ~S~ the Natio~al Nousing Act.
A~' pN ~O ~'Q~' ~
o~~ ~ ~ MORTGAGE ;
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THIS NORTGAGE. datod the lst day o( June , A. D. 1973 , by and ~
between pRTRllR OLANDER, g Wido~er • ~
hereinafter called the mortgagor, and ~
STOCKTON, WHATLEY, DAVIH ~ COMPANY l~3 ;
, a corporation organizod and existing under the laws of S tste of Florida
, herainafter called the mortgagee, ~
WITNESSEfH, that [or divers good and valuable considerations, and aiso in consideration of the aggregate sum named in the
promissory note hereinafter describod, the said mortgagor does hereby grant, bargain. xll, alien, nmise, relase, convey, and confirm unto
the said mortgagee aN that cortain pieco, parcel, or lract of land of which Ihe said mongagor is now seized and possesced and io actual
posxssio~, siluate in the county of St. Lueie
and State o( Florida, described as follows:
Lot 309, SHERATON PLAZA UNIT FOUR REPLAT,
according to the Plet thereof as recorded ~
in P1at~Book 16, page 18 of the Public Records
of St. Lucie County, Florida.
Together ~ith the follo~ing items of property
which are located in and permanentlq installed as a part of the
improvements thereon on said land:
RANGE: ORBON, MODEL G-30, SERIAL NUMBER 45214
RANGE HOOD: MIAMI CAREY, I~tODEL 3730 .
SPACE HEATER: D~ARBORN, ;tODEL DVF-b5
SEARS COLDSPOT REFRIGERATOR, HODEL 68211, SERIAL NUI~ffiER S-31153587 -
The express enumberation of the foregoing items shall not be deemed
to limit or restrict the applicability of a~y other language describing
in general terms other property intended to be covered h~reby.
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STATE DOCUMEh"TARY STAMpS AFFI:~D TO THE ORIGINAL NOTF. AND CANCELLED.
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~ u Together with all structure~ and improvements now anei hereafler on said land, and fixtures attached thereto, and all rents. issues.
M r proceetifs, and profits xcruing and to accrue from said premises, a!! of which are included within the foreguing deuription and the
W habendum thereof: also all ga~, steam, electric. water, and other heating. cooking, refrigerating, lighting, plumbing, ventilating, irrigating.
4 and poNer systems, machines, appliances, fixtures. rnd appurtenances. which nuw are or may hereatter pertain to, or be used with, irt, or
r on saiJ premises. even though they be Jetached or detachable.
~ TO H4VE AND TO HOl_D the same, together with all and ~ingular the tenements, hereditaments and appurtenances thereunto
belonging ur in anywise appertaining. anJ the reversion and revenions, remaindrr or remainders, rcnts. issues, and profits thereof, and
also ati !he estate, right, title. interest, homestead. dower arxi right of ~~wer. separate estate, possessiun. claim and demand whatsoever, as
~ w~ell in law as in equity, of the taid mortgagor ia and tu the same. and every part thereof, with iht appurtenances of the said mortgagor in
l anJ to the same, and e~ery part and parcel thereof unto the caid mortgagee in fee simpte_
° And the mort a or hereb convenants w~ith ~he mort a ee that he is indefea~ibl p
a Z B 8 Y g g y seized of said land in fee sim le: that he has full
power and lawful right to convey the same in foe simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and
quieNy to ente~ upon, hold, occupy. and enjoy caid IanJ. a~xi every pa~t thereuf: that the land is a~x1 wil! remain free from all
, %r• ~ n rrxumbrances: that saiJ rtx~rtg:.gor w~ill make such further assurances to prove the fee simpte title to said larni in said mortgagee as may be
` a N reawnably required, and that said mortgagor does hereby fully~ Harrant the title u~ said land. and every part thereof, and W~ill defend the
same against the lawful claimt of all perwns w homx~ever.
~ r PROV IDED ALWAYS. and these presents are eaecuteci and deliveretii upon the foltou~ing corxlition~, to wit:
The mortgagor agrces to pay the mortgagte, or order, !he printipal sum of EIGI~TEEN THOUSAND EIGHT HII!~'D:tED FIFTY
~~~~/lOQ)ollars IS 18~850. ~0 as evidenced by a note of even date herewith, with interest from date at the
rate of SE!V0ri p~r centum 1 ] ~c 1 per annum on the unpaid balance
un~il paid_ The saed principal and interest shall be payable at the office of StOCiCtOA ~ Wt18Cle~1 ~ Davin ~ Company
100 West Bay Street, Jacksonville, Florida 32202
ur at .uch other place as the holder of the note may designate in writing, in monthly installments of
ONF. HUNDRED 1~+IENTX-FIVE S 54 /100------------ ~Itars ~ S 125 . 54 commencing on
thc fint Jay of ALgU3t •~9 ~3 • and o~ the first day of each month thereafter until ihe principal
and interest are fulty paid, except that the &nal payment oF principal •rnd interrst, if not sooner paid. shall be due and paynble an the first
,i~;,.,r .T»1y 2003 . '
And shall duly, promptly, and fully perform, dixharge, execute. effect, complete, and comply with and abide by each and every
the st~pulations, agreements. conditions, and covenants of said promissory nwe and of this mortgage, then this mortgage and the estate
hereby created shaU cease and be null and void.
~~nd the rtx~rtgagor further covenant, ay fullu..~:
I. lhat he will pay the iadebteJne~s. a~ heremtxfore pro~~ideJ. Privilege i~ reser~•eil to pay the Jeht in whc~te. vr in art amnunt equa!
t~~ ~~nr ur more rtwnthly payments on the prirtcipa! tha! are ne.it Juc ~>n the nute. ~m the firct day of any month prior to maturity: I'm?•idrd.
huwr~er, that wnttcn nutice uf an intentiun to rxercise such privilege i, g~~•er. at least thirly ~301 days prior to prepayment: anJ. pruvideJ
further. that in the event the debt is paid in full priur to-maturity and at lhat Iime it is inwred unJer the prnvisions of the tiational
Huusing :~ct, he will pay to thr murtgagee an adju~trd premium charge ~~f une per centum 1 I~: 1 of the cxiginal principal amount thereof.
eccept that no aJjusted prrmium char~e sh:~ll be~ due or pa~ablF ~.h~•re pa}~mcnt m lu:l maAe after :Ae du~ date of tne j1~,Oth
s~h~dulyd~a vment and in no Fc~nt shall the adju.~eJ premium exc~r~1 thr a~~regate amount oi premium char~es Nhich aould have
b~~F•n p:~iaLlc i( thi. )}ort€ag~~ ha:} coatinue~d ~o be insurrd unti) maturih, nurh pa~ment lo be applied b~ the mortga~ee upon its
oblieat~un to the ~r~•retan of Hou.ine .~nd I rfran I)c~elopment ~~n ~ount of mort~aRe insuran~ ~ k r~~M
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