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HomeMy WebLinkAbout1801 ~25'7348 sr-zg , ~o = ~ SWD-96511~ STATE OF FLORIDA D`N P~~V~~ PApY~~~' ~ ~~J•~` q~t•~ This form is used in connectio~ FHA FORM NO 2110 ~n ~ ~~~EQE~S with mortgages insu~ed under the i R~rlsed Nbrch 1971 ~NZ~'~~.~3~~ ~ one- to four-family provisions of : N~ jSS tEa ~p~S9~ ~ ~A+ the National HousinQ Act. ; v~'~ °ayy~?j ~0 ~~~t~ ~ ~ ~,~a+~t MORTGAGE 3 ~ ; THIS MORTGAGE, dateci the 2St day ~ June . A. D. 19 73 , by and baween I RENB A. HI I,I,S , u s i nq 1 e h~oma n . hereinafter calltd 1he mortgagor, and 5'POCKTON, WHl?TLEY ~ DAVIt~' & COt•1PAt]Y , a corporation organizcd and existing under the laws of ~ate of F 1 oY'ida . hereinafter called the mortgagee, WITNESSETH, that for diverz good and valuable consiJerations, and also in consideration of tiet aggregate sum namod in the promissory note hcreioafter dcscribed, the saicf mongagor does hereby grant, bargain. se!l,.alien, rtmise, relase. convey, and confirm unto the said moRgagee aN thai certaio piece, parcel, or lract af land of which the said mongagor is now uizcd and possessed and in acwal possessioe, situate in the county of Lucie and State of Florida, described ac foUowa: I.ot 3Z0, St~R~1:'ON I'LF1ZA UNIT FOL'R RFPL~T, ' accor~ing to the Plat thereof as recorded in ' Plat ~ook 16, pa~e 18 of the A~L•lic ?;ecords of St. L~~cie Cbu:~ty, E'lorida. To,ether with the fa2lowia~ iters ~f proPerty ~~~hich are located in and per::ianentl~~ installed as -~art ef the improver.:ents thereon or. said land: ~ .Rl1NGE: C~.'2._~CLI, MODF~I. G-30, SE?'.IF.I. PtU.*'.BER 3Q21 RANGF. !1QaD: l~:IAM2 CARE1', !~iODEL 3730 SPACE t~11TER: DF1IP,BORPI ~ rlODEL DVF-GS The ~xPress en~r~.beration of t_~e foregoin; items st2a21 not ~e deer.:ed to 1ir*i* or restrir.t the ~p~?icability of any ct`~er lancuare descri?~ing in c~erc•ra2 tem.:s otrer propert~ ins*_ended to be covered i:ereb~ . STl,TE DOCt1~'.E!~TAP,Y STAFi°S T.FFI?~D TO TI~ Ol27GI'VAL NOTF. Aiv'D f:lli~CEFI.~. Together w~ith all structures and improvements now anei hereafte~ on said land, and fixwres attached thereto, and all rents, issues, proceeds, and profits accruing and tca accrne from said premises, all of which are included within the foregoing description and lhe habendum thereof: also all gas, steam. electric: water, and other heating. cooking, refrigerating, lighting, plumbing. ventilating, irrigating. anJ pow~er systems, machines. appliances, fixtures. and appurtenances, which now are or may hereafter pertain to, or be used with, in, or on taid premises, evert though th~y be detached or detachable. "TO HAVE AND TO NOLD the same, together with all and singular the tenements, hercditamtnts a~d appurtenances thereunto belonging or in anywisz appertaining, and the r~venion and reversions_ remainder or remainders. rents, itcues, and profits ihereuf, and atw all the estate, righi, tide. interest. homestead. dower arni right of duwer, separate estate, possession, claim and demand whatsoever, as well in law as in equity. of the SaiJ mwtgagor in ancl to Ihe same, and every part thereof, with the appurtenances of the said mortgagor 9n ~ arn1 to the same. anci every part and parcel thereof unto the s:iid mortgagee in fee simpte_ And the mortgagor hereMy ronvenants with the mortgagee that he is indefeacibly seized of said land in fee simple; that he has full power and lavrful right to convey the same in fes simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and . quietly to enter upon. hold, occupy, and rnjoy said tand. arnl every part thereof: that the IanJ is arxi wil! remain free from all ~ Q encumbrances; lha~ said mortgagor wil! make such further assurances to prove the fee simple tiUe to said larni in xaid mortgagee as may be reasonably required, and that ~aid mortgagor d~ hereby fully warrant the title to said land. and every part thereof. and will deferxi the ~ p same against the lawful claims of all perwns whumsoever. 0` PROVIDED ALWAYS, and these preseats are eaecuted and delivered upon the following cortditions, to wit: The mortgagor agrees to pay the mortgagee, or order, the principal sum of EIGF~I`EEN TFi~U`'~Ist1~ & SIX I-![JPDFLID &_Vp '10(? ~ a W Dollars (S 18,6~'0. QQ- i. as evidenced by a note of eve~ date herewith, with interest fram date at the ~ U i rate ~f SEVET7 per centum 1 7 ro) per annum on the unpaid balance ~ W o uniil paid. The said principal and intere~t shall be payable at the office of StOC}:tOTI .ihat le~ , DaViTI 11~D Cem; ~f1y L ~ L 100 ~r7es'~ f3ay Street, Jar_ksonvi.~le, Flerida 322Q2 ~ or at such ather place as the holder ot the nate may designate in w~eting, in monthty installments of Q*7~ ~ a T:'JEI~TY THPEF. AAD 88,~1'JO^ - - - - - - - - - -flollars IS 1?.3 . £~8- - - - - - - - commencing on L U n the first Jay of Jutl• , 1973 , and on the first day of each month thereafter until the principal f~ ry and interest are fully paid. eacep! that the final paymenl of principal and interest, if not sooner paid, shall be due and payable on the first Q Jav of Jun~ , 20Q3 ~ . z~°o And shall duly, promptly, and fully pa-form, discharge, eaecute, effect, complete, and comply with and abide by each and every - ~ the stipulations,.agreements, conditions, and covenants of said promissory note and of this mcxtgage, then this mortgage ar~d the estate 9 hereby created shal! ccase and be nu!! and void. :\nJ the rtwrtgagor further covenants a~ folloa~~ - I. lhat he w~ll pay the indeAtednecs, as hereinbefore providecl. Privitege is reservecl to pay the debt in u•hole, or irt an amount equal tu unr or rtwre rrx~nthly pay~ments on the principal that are neit due on the note. on the first day of any month prior to maturity: P?o?•id~d, ho~ever. thal written notice of an intention to exercise ~uch privilege is given at least thirty 1301 days prior to prepayment: and, provided further. that in the e~~ent the debt ~1 paid in fult prior to maturity and at that time it is insured under the provisionx of the Nalional Noa+ing Act. he u•i~~ pay to the morlFagee an adjuti~ed premium charge of one per centum 11 f'. ) of the original principal amount thereof. eacept that no adju~ted premium chargA shall be due or paqablP ~.here payment in tu:l is maAe aftet tAe due date oi the 120~h ~c~he~luled~a cmeot and in no e~~ent shall t6e adjucted preminm exceed the aRgreRate amount o( premium charges which would have bc~~n Pa~abl~ if thi~ 11ortRa~e had continu~d to be insured until maturity. such payment to be applied by the mortgagee upon its obliRation to the ~ecretar}' of Hnusin~t and l rban De~•elupment on account of mort~tage insurance. G~ E:,~~ 2:15 17~8 - : . . ~ ~ _-3