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HomeMy WebLinkAbout0679 2~si~ ~ / SWD-9b5110 STATE OF FLORIOA "..e~ This form is used in can~ectio~ FNA FORM NO 2110 m ..f ~ ~I~+~ with mortgages insu~ed under the R~vls~d A4o?ch 1974 O ~`^-_~E~C~ one- to four•family prpvisions of 1 ~N~X~~ ,91~. ~ , the Natianal Housing Act. ~MORTGAGE v~~~,, ya,c< a''~`~i~'~, ~'°r~"'e ,y~ ~ THIS MORT6AGE. Jatod ~he p~tst daY of J~y . A. D. 19 73 . by and ~~WK~ IBA J. CRtIl~LEY and IONA V. CRUl~LBY, bis vife . hereinaftercalled ihe mortgagor, and Si"OQibN, HHATLB'Y~ DAVIN 6 Ot7lQ'ANY , a corporatioa organized and existing under the laws ot StBt@ of Florida , hereirtaRer calleJ the mortgagee, WtTNESSETH, that for divers goocf and valuable considerations, and also in conside~ation uf the aggregate sum named in the promissory note hereinafter dcscribod, the said mortgagor does hereby grant, bargain, xll, aliert, remise, relase, convey, and cunfirm unto the said mortgagee all that certain piece, parcel, ix tract of land of which the said mortgagor is now seized and possesxd and in actua! possessio~, situate in the county of St• LtlCi@ and State of Florida, described as follows: Lot 306, SHERATaN PLAT.A~ 1~IIT FOUR RSPLAT~ accordiag to the Plat thereof as recorded in Plat Book 16, page 18 of the Public Records of St. Lucie Couaty, Florida. Together vith the follc~ing iteas of property Which are located in aud per¦ianeatly inatalled as a part of the inpravesents therean on said land: ~ RArTGB: ORBON, 1~Dffi. G-3Q, SBRIAI, NOlIDBR 3035 ' RANGS HOOD: ?QAPQ CAREYMDDEL 3730 SPACS HBATSR: DEAxBO&I, ?DDBL DVF-65 SEARS OOLDSPOT REFRIGSxA1~OR, ~DDSL 68211, SERIAL NU!ffi8R S-31153660 The express enusberation of the foregoing ite~e shall not be deeaed to limit or restrict the applicabilitq of aay other language describing ~ in general terms other property intended to be covered hereby. ~ ~ 0 ~ i V`~ ¦A/{I~/~~1~Y`+ ~~Y V LYi ~W j~/ jnr.I O~{~~l~fiil P~/jj% ~~~j/ ~~IrILLI~• a ~ T~~elher w ith all structurrti and improvements nuw arxi hrreafter on saiJ land, :?rxi fixtures attached thereto, and atl rents, issues. 4¢ w proceeiis. snci profits aceruing and to accrue from ,aiJ premises, aU o( Which are incluJed within the foregoing description and the ~ C 1 hahendum t6ereof: a!w all gas, cteam, electrir, watrr, anJ other heating, c«~king, refrigerating. lighting, plumbing, ventilating, irrigating, U~ arxi ~wvrer systems, machine~. appliance+, fixture+. anJ appurtenances. which now are or ma} hereafter periain to, or t+e used with. in, or ~ w o on said premises, even though they he detacheJ ix Jetachable. ~ N'~ Tn HAVF AND TO HOI_D the +:ime, together weth all anJ singular the tencments, hereditaments and xppurtenances thereunto t+elonging ur in anywise appertaining, and the rrversion and revenion~, remainder or remainders. rents. issues, and profitc thereof, and alw aU the estate. right, tiUe, intere~t, homestead. d~~wer anci right of duwer, separate estate, paesession, claim anci demanci whatsoever. as r~~ well in law as in eyuity, of the ~aiJ morigagor +n and w!he same. anJ rvery part thereof, with the appurtenances of the wid mongag~~r in z U o a~J 1o thc same, and every part ar?d parcel thereof umo the ~aid m~xigagee in fce simple. ,-\nd the mortgagor herehy convenant~ with the murtgagec th~t hr i+ indefea~ibly seireJ uf wid land in fre simple; that he ha+ full ~ Q y power and lawful right to coavey the same in fte simple as aforesaid; that it shal) be lawful for the mortgagee, at all times peaceably and ~ v n quietly tu enter upon. huld. ixcupy, ami rnjoy xaid (aaJ. and every part thereof: that the larni is arxl wiil remain frec from all z~ n erxumbrances: that wid rm~rtgagor w i11 make such further as+uranceti tu prove the fer simple title to SaiJ larxl in said mextgagee as may he - rr:~~unably required. and that wid nwrtgagor does hereby fully Narrant the tide tu wiJ IanJ, and every part therruf, and Nill deferxl the ~ ,ame agaimt the la~~ful claims of all ~+erxin~ whomx~ever. s PROVIUED ALWAI'S, anJ these presents are eaecutai and delivergd upon the followingconditions, to w~it: Tho mortgagor agrees to pay the mongagee, or order, the principa( sum of EIGHTEEN THOUSAND EIG~T HUNDRED FIFTY ~ ;~;}~1(~ollar+ ~S 18~$rj0.~~, as evidenced by a note of even date here»•ith. with interesl Irom date at the rate of SEV~ ' per centum 1 ~"r ) per annum on the unpaid balance until paiJ. Thc said principa! arxl interest shall be payable at the office of $tOC~CtOII ~ iiteatley, Davia ~ C0~8a3? 100 i/est Bay Street . JackaonviLle, Florida 33202 ur at tiuch other place as the holJer of thr note may designate in w~riting, in monthly installments of ONB HUNDRED TtiiEN1R FIQE b 54/100- - ~ouars~S 125.54- -------).commencingon the finf Jay of Augy~t lgt~ • 1973 . and on !he first Jay of each month thereaRer umil the principet anJ interest are fully paid, except that the final payment of principal and interest, if not sooner paid, shaN t+e due and Payahle on the first day uf ; .4nd shall duly, promptly, and fully pe~a~ n, discharge,~ea3 ute, effcct. complete, and comply with and abide by each and every ~he stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then ~his mongage and the estate hereby created shall cease and be null and void. -~nJ lhc rtwrtgagur furthtr covcaant~ as foNows: I. fh:+t he w~~ll pay the inJehteJnes~, a~ hereinbefore pruvidcJ. Privilege is reun•ed to pay the Jebt in whole, cx in an amount equal t~~ ~.ne ur r?x>re nwnthty payments un the principal Ihat are neal due un the ni~te. on the first day of any month prior tu maturily: /rnride~J. huwever. that written not+cr of an intentiun iv exercise ~uch privilege is given at least lhirty 130? dayti pria to prepayment: and, proviJeJ further, that in the event the debt is panl in full p~ior to mawrity and at that time it is insured unJer the provisions of the ~iational Noutiing Act, he will pay to 1he murtRager art adjuti~ed premium charge uf one pe~ centum 11': 1 of the origina! prir~cipa! artx~unt thrreof. cx~ ept that no adjusted prrmemn charRc shall hr due or pa~abl~~ ~.here paymcnt ~n tu:l ~s maAF a(tcr the du~ dat~ o! the )~1.6th h~~~luled pa~~meni and in no e~~~nt .hall the adju.ted premium exceeJ the ag~reRate amount ot pn~mium charRes xhich wouid have h~~~n ~ryablr i( thi~ ~1ort~aR~ had ~-ontinu~d to bc intiurf~d until maturity, surh pacm~•nt to LE• apPlied b~• the mort~ea~e~e npon it~ ubli~ation to th~ S~~cr~tary o( llnu~in¢ and I~rbaa Deceloliment oo a~ ~uunt oE mort~a~e intiurance~. ~nnr~~~ ~1f~ U~~3 . ~ ~,~~.~-~a ~ ry . ~ ~ _ . ~ { v_.z~