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Home My WebLink About1806 • ` ST-?~ ,7nEi . SdD -9 Fi r 1O? STATE OF FLORIOA ~~~E~?t ~ ~,A~~` ~ 6~N~ ~~y~~•~ TAis form is used in connection FHA FORM NO Z110 m ~ with mortgages insu~ed unde~ the R•vls•d 1Ao~cA 1972 ~~HG~e~ ~S ~ ~57351 one- to four-tamily provisions ot ~\N~~n ~1~~~~}?S~ W'~ the National Housing Act. ~ ~c?~o c~?vs~~ St. a~~ ~ c~``' MORTGAG~ o~' ; THIS AIQRTGAGE, daled the lst day of June . A. D. 19 73 . by and ~ between WHITFI£LD F~Y?~OE .~nd WILLIE Afl~E PYNOE, ris ~,ife • h~reinafter called lhe mortgagor, and STOCKTON, Y1f111TLEY ~ DtIVIN & COt~IPAtdY , a corporation o~ganized and ezisting under the laws of ~ate of Fl oz'idd , hereinafter called the mortgagee. WITNESSETH, that for divers good and valuable considerations, a~~d atso in coruidaation ot ihe aggrcgate sum named in the promissory note irc~einafttr desc~ibed. the said mortgagor does hereby grant. bargsin, xU. alien, remise. relax, comey, and confirm unto tAe said mortgagee al! that certaia piece, panel. or tract ot Iand of which the said mortgagor is now seiud and possesscd and in actual posxssion, situate in the county of St. I,uci.e and State of Florida, described as follows: Lot 261 , SF~RATOt3 PI.AZA UNIT FOUR EtEPL7~T, ~ according to the P!at thereof as recorded in Plat Ibok 16, pa,e 18 of the I'ublic Ibecords of St. Luc?e County, Florida. To~ether ~,ir_h the fol lowin3 iter..s of PrcpPrt j which are located in and permanently installed 4s a part of the impzover^.ents thereon on saic3 lanc~: RAtIGR: OR~ON, NODEL G-30, SF,RIAL NUr!AER 3038 R~NGE HOC~: t•'.IAMI CA?tEY, t•10DF.L 3734 , SPACE F~TCI?: DEJ,RB~?RI~, MODF•,L DVF-G5 The E'Y~!"E'SS PnuMberation of the forero~ ng iter.:s srall not c~eerr.ed to lim~t or restrict the aPplicabilit}• of any otrcr la-~c?uaae describi:~r in ,eneral terms oth~r ~rcpertl in*_er.dec~ to }:e coverea '~~reb~~. ~ ~ ; 3T :TF DJC[,".'-SF.NTARY ST:~liF'S I:FFT:{F.~J TO TIiF. ORIGI"iAL NO'!'E l*a ~"'._I1K!`ELLF:~J. ~ Together w•iih alt structures and improvementx now and hereafter on ~aid land, anJ fixtures attached thereto, and a!! rcms, issues. 4j Q proceecl~, and profits accruing anJ to acerue trom s:~isi premises. all of which are included within the foregoing description and the ~ o habendum thercof; also all gas, steam, electric. water, and other heating. awking, refrigerating, lighting, plumbing. ventilatiog, irrigating. o anci power systertu, machines, appliances, fiuures. and appurtenances. which now are or may her~after periain to. or be used with. in, or ~ on said premises, even though ~hry be detached or detachabte. i~ 1 TO HAVE a1ND TO HOI.D the same, together with all and singular the tenements, hereditaments and appurtenances thereunto ~ 2~ belunging or in anywise appe~taining, and the revenion and reversions, remainder or remainders. rents, issues, and profits thereof. and . C~ also a!t the estate, right. tiHe. interest, bomrstead, dow~er and right of ciower, separate estate, possession. claim and demanJ whatscever, as ~ O a well in law as in equity, of the said mortgagor in and to lhe same, and rvery part thercof, with the appurtenances of the said mortgagor in r a~x1 !o the same, anci every part arx! parce( thereof unto the said mortgagee in fee simpfe. ~ .~nd the mort a or bereb convenants with the mort a ee that he es inJefeatiibl p ~ J p 8 S Y g g y seized of said land in fee sim le; that he has full s c_ y power and lawful right to convey the same in fee simple as aforesaid: that it shaU be Iawful for tht mortgagee, at all times peaceabfy and L~ quietly to enter upon. hoW, occup;, and enjoy said tand. arul every part thereof; that !he land is arni wiU remain free from all F rrxumbrances: that said murtgagor M•ell maAe such further assurances to prove the fee simple title to said land in said mortgager as may be ~ rea~onably required. and Ihat saiJ rtwrtgagor does hereby fully warrant the tiQe to said land, and every part Ihereof. anJ wilt defend the 4~~ same against the lav~•ful ctaims of all persons a homxxver_ ~ Q n PROV IDED ALWAYS, and these presents are executed and delivered upon ehe following condi~ions, to w~it: 5 ~ N ai The mortgagor agrcu to pay the mortgagee, or order, the principal sum of *IIN~`TEEN THGUS~'1P]!~ 7:`D F JUR T.'.U'~!;F~.l ~ Np 'lOC} Z Q N Dollars IStg ,e^~. ~n- as evidenced by a note of even date herewith, with interest from date at the ~ rate of SF.~1Sr? per centum 1 7 'rr ) per annum on the unpaid balance F until paid. The said principal and interest shall be payable at the office of £tockton ;:ti.atl.e~ , D?.vir ~~~-~~a1 n inn ;•l~st r+aj Street, 7acY,sonv~l?P, Floric?a 3??.C2 or at such other place as the holder of the note may designate in vrriting, in monthly installmertts of Ci,,~; F~tt;~-~ 'r:~'~'r'.TY :~II`•'fi F:ia ?_(1/ln^_- - - - - - - - - - - Dollars(Sl.;?9.?.^- - - - - - - - - l.commencing on the first day ~f J'1~y, , 197~ , and on the first day of each monlh thereafter until th~ principal arni inieres! are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and payabte an the first Jar of J~:^e , ~?^3 , And shall duly, promptly, and fully perform, discharge, eaecute, effect, complete, and comply w~th and abide by each and every the stipulations_agreements, conditions, and covenan~s of said promissory note and of this morigage, ihen this mortgage and the estate hcrcby created shall cease and be null and void. And the mortgagor further covenants as follows: - ~ I. That he will pay the indebteJness, as hereinbefore provideci. Privilege is reserved to pay the debt in who)e, or in an amounl equal tu orte or more monthly paymen~s on the principal that are next due on ~he note, on the first day of any munth prior to maturit~~: /'roridrJ, huwe~er, that written notice of an intention to exercise such privilege is given a~ least thirty 1301 Jays prior to prepayment: anJ, provideJ further. that in the event the Jebt is paid in fufl prior to maturity and at that time it is insured under thc provisions of the Natiunal Housing AcJ, he will pay to Ihe mortgagee an adjutiled premium charge of ~me per centum 11 ) of the cxiginal principal amuunt thereof. except that no aJjusted premium charge shall be due or pa}~abl~ ~~here payment in fu~l ~s made after the due date ot the 120th .~•h~duledpa ~~mentaad in nn event s(~al[ the adjusted premium ezcced the a~RreRate amouet of premium cha?ges w~hich would havc trPF~ pa~•abl~ i! thi~: 11ortRaRe had continue•d to be in~ured until maturit~-, such pa}~ment to be applied by the mortgagee upon its vbli~ation to the Secretan~ o( HousinR and l-~Lan I)evelopmen~ un account of mortRaRe insurance. F~R!;~~V r'~~, ~'_tV~3 - _ - - - ~ 3~ . ~ - ~ _ ~ u _ ~ w_~