HomeMy WebLinkAbout0674 ,
ST-25,020
~ t~~pt~• ~ ~ , SfID-965109
STATE OF FLORIOA / ' `~~~.~~~~1• ~I~ ~ ~
~ ~Sd~ G This torm is used in cannection
FHA FORM NO 2110 m c r~ with mo~t a es insu~ed under the
R•v1s•d AAo~c1, t97Z ~1v1~•~ E~+~ ~~v~ ` One- to fOUgfamily prOVisiOns ot
~p~'~C _~1 the National Nousing Act.
~'i~? toc~~ild~`
` MORTGAGE
THIS b10RTGAGE, dateri the ~=•8t day of J~y , A. D. 19 73 , by and
ETBSL LS8 ?AYLOB. a~aarried sad separated voaan .
hereinaftcr callctii the mortgagor, and
S1~OQCI~ON, NHATLRY. W1VIN b~ OOMPANY
. a corpora~ion organiud and existing undcr tAe Iaws of $tSC@ O~ FZOL"~d8
. hereinafter ca!!ed the mortgagee,
WlTNESSETH, that for divers good and valuable consideratiuns, and also in consideration ot the aR6regatc sum named in the
promissory note hereinafter describod, thc said mortgagor does he~eby grant, bargain, sell, alien. remise, relase, convey, and confirm unto
the said mortgagee all that cenain piece, parcel, or tract of lancl oi which the said mortgagor is now seized and pcxsesud and in actual
pussession, situate in the county of St. LtiC~.@
ancl State of FloriJa, describcd as follows:
Lot 305. SHBRATON PLAZA, t~1IT POUR RSPLAT,
according to the Plat thereof, as recorded ia
P2at Boak 16, page 18 of the Public Records of
St. Lucie Co~mty, Florida.
Together irith the folloving ites~s of property vhich are located in and per~aaently
installed as a part of the i,a~ravementa oa sai.d land:
BAN(B : OBBON , 1flD~L G-30 , SBRIAL NUI~ER 3038
xANC~ HOOD: I~QAI~Q GARSY, 1~Dffi. 3730 ~
SPACE SSATSR: DBARBO~N, 1~UDBL DVF-65
SEARS (~OLDSPOT RRFRIG8RAI~OB, 1~Dffi. 68211. SSRIAL IdDl~EB S-30516410
Tt~e exprese enuaberation of the foregoiag iteas ahall not be de~red to liait
or reatrict tbe applicability of any other laaguage de8cribing in general ter4s
other praperty intended to be co~rered hereby.
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STATB DOCUI~AiTABY STA~S AFFII~D TO THE OBIGINAL NOTE AND CANCLLLBD.
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u Tugether K•ith alt structures and ~mprvvements noN• arxi hereafter on +aiJ land, ar~d fiatures attached thernto, anJ all rents, issues.
~ U~ procreds. and profits accruing and to accrue from ~aid premises. all of which are includcd with~n ihe foregoing descriptiun and the
haF+endum thereof: alco all gat, titeam. electric. water, and uthrr heating, c~xiking, refrigerating, lighting, plumbing, ventilatiog, irrigating,
c arxt Ex~wer syctem~, machine+, applianees, fixturc~s, and appurtenancec, which now arr or may hereafter pertain to, or be useJ w~th, in, or
- un wid premises. even though they be detacheJ ~x Jetachable.
W?- TO HAVE :~ND "!O HOLD the tame, ti~ether ..ith alt and .ingular the trncments, hereJitaments and appurteoances thereunto
_ t~elunging or in anywise apperlaining, and the reveniun anJ revenion~, remainJer or remainderc, re~ts, issues, anJ profits thereof, and
n alx~ all the estate, right, title. intercct, humetite:+J. Jow•er and right uf ~w•rr. teparate eslate, possesciun, claim anal demanJ v?hatsorver, as
~ Z well in law as in equity, uf the said mortgrgur in arxl to the ~ame. and every pan thereof. wilh the appurtenancec of thr ~aid mortgagor i~
~ Q., and tu the same, anJ rvery pan and parcel thcreof umo the said mextgagee in fr~ tiimple.
~ N~~ :1nd the rrwrtgagor herehy cunvrnants with the murtgagre that he i~ indrfe~sihly seir~d of wiJ lond in fee ~imple; that he has full
~ o ~ power a n d la w fu l rig ht to convey t he same in fee simp te as a foresai d; t hat it s ha t l b e la w fu l for the mortgagee, at a!1 limes peaceably aod
? Q N yu~ril~~ to enter u}x~n, huld. accupy. anJ enjoy tiaiJ land, anJ evrry p~rt thereof: that the larxl is and will remain free from all
n cncumbrance~: that +aid mortgagur will make su~:h further a~,urance, t~~ pro~•e the fee simple titlc to saiJ larx! in w~d mongagee ati may he
Z re;~wnably reywred, anJ that wid murtgagur d~x~ hereh} fufl) W ~rr.mt thr t~ttr tu tiaid IanJ. and e~rry part thereoi and ~i!! d~fend thr ~
.:~me agamst the laufu! cla~m~ of all ~erwnti whumxxver.
PRnV II)ED ALWAl'S, and the~e preientti are eaecutcd anJ defivereii upon the following conciitions. to wit:
The mortgagor agrees to pay the mortgagee, or order, ihe principal sum of gg~ $~DRED b FIFTY
6 N0~1~°~~~~~' 1) ~§rjQ.QQ ~ _~~r-~ 1. a+ eviJ~nced by a note of even date herewith. with interest frqm Jate at the
rate uf SEV~ per centum 1 7 ~Y 1 per annum on the unpaiJ balance
until p~iJ. The said principal and interc~t shall he payable at the office of $tOCkt0~1 ~ Whatley, Davin b Ce~epany
100 iTeat B,a~ Street, Jackaonville, Florida 32202
~~r at wch other place as the olderof 1he note may designate in wnUng, in monthly installments o( ONE HtJNDRED SIRTESN b~$8/1Q0
Dollar~ ~S 116 ~88- - - - - - - 1, commencing on
thr fir,t da}• of ~g~t _ 19 73 , and on the fint day of each r?w~nth thereafter until the pnncipal
~nd intcretit are fully paid, except that the final payment uf pnncipal and intrr~~st, if not xwnrr pai~, ~hall he Jue and payable e~n thc first
`'J`~ July ~ 2003
.qnd thall duly, promptly, and fully perform, discharge, execute, efTect, complete, and comply with and abide by each and every
thr ~tiputations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the c~tate
hereby created shall cease and be null and voiJ.
:~nJ thc rtK~rtgagur further cuvrnanl~ a~ fulluw~:
1. 1 hat hr wiR pay Ihe inJrbtrJnc++, a+ herrinls~furr pr~»~idetl. 1'ri~ilege n rrcen•ed ~o pay the dcht ~n whule. or in an amuunt eyual
t~~ unr ur mure monthlp pa}ment~ on the princ~pal that arr ne!~t Jue on the nutr. on ~hr fint Jay of any month prior t~? maturity~ /'?~~ridrJ.
huwr~rr, ~hat wntten nuticr uf an imrnuun t~~ ctercise such pnv~lege i, g~ven at lea~t thirty i 301 Jay. prior t~~ prrpayment: and, pruciJeJ
turlhrr_ thal in ihe rvcnt 1hr Jebt i~ paeJ in fuU priur to maturit~ anJ at that time it i~ inwred under the pruvi,ium of thc tialiunal
lluu.ing Act, hr will pay 1~~ Ihc murtgagee :m :~Jju~trd premium charge of one per centum 11 1 of the ~xiginal prirkipal amc~um thrreof.
~~r~ ~~pt Ihat no adjustcd prrmium charR~ .hal( L~• du~ or ~~a~ablr ~.h~rc pa}mcnt ~n fu.l ~s mad~~ aftc~r tAe du~ ~fau~ of tnc 1'?.Oth
h.•dulc•it f~a}rtie~ntand in reo.~~~nt.hal! the a~lju.te~~lprr•mium ~•~~~r~•dth~ a€gr~Fat~ amount of premium c~harRe~ Nhi~•h would ha~c
b-•~~n p.i}alil~~ i( ~hi~ ~1ort~aF~~ had continu~~~1 t~ hc in~ur~d until rnaturity, ~nrh (r,~vmrnt to Le• applie•d bv thc mun~aR~•~ upon its
~~bG~.~tiun tr, th~- ~r~ tc~an' o( flnu.inc .~nd ( rLan Oc•.~~loprnrnt on a~ ~ ount u( mortea¢<• +nsua~n~ R~~{ ~ 674
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