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STATE OF FIORIDA This form is used in co~nection
FHA FOAM NO Z110 M with mongages insured under the
R~v1~d OewbM 1972 one- to four-tamil~r provisiona of
~ the National Nousiny Act.
MORTGAGE
THIS MORTC;AGE. data! the 6ti}1 day ot AU(~UST ~y 73 . t+y and.
e~~W«~ WILLIE JACKSON and 1'sVELYN JACKSON, his wiPe
hereinatter called ihe mortgagor, and PHIPPS-HARRIN(}TON CORPORATION-FLORIDA ~ •
Post Office Box 6067C, Orlando, Florida 32803
. a corpotation organizeJ and existing unJer the laws of ~',~'le .~t 8 t'i@ OP
~ 18 W8Y'e . hereina(tet calkd the mortgagee.
W ITNESSETH. that tor divers good and vaiuabk cansideratanx, and alaa in con~ideration of Ihe aggregate sum named in the p~omisso-
ry note hereinatler descritxd. the ~aid monp,agor does hercby grant, bargain, sell, alien. rcmise. rclease, convey. and confirm unto the said
mortgagea all Ihat certaio piere, parcel, or tract oi IanJ ot which the said mortgagor is now seizcrt and po~sesud and in actual possession, situ-
ate in the county ot $'j' . j~jj('i I1;
and State of Fbrida. desctibcd as follows:
- Lot 161 of 3Hr:RATON PLAZA, UNIT THR~:E, REPLAT,
according to the plat thereof , as recorded in
Plat Book 16, Page 12 of Public Records of
St . Lucie Cotu~ty, Florida . * * * * * * * ~ * *
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~ 3 IN MYMENT
_ - , . . . RECEIVEA .C INTANG~81.E ~''tS0~111~
3 E oF F L~ R I D A~ ~~jN(j~i0 Ct1i1P'~ER 71-~~ S Of 19/l. -
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Tugether with all ctruclures and improvements now and hereafter on said land. and fixtures attached thereto. and all rents, issues. pro-
ceeJc. and profits acctuing and to accrue from said premists. all of which are includeJ wi~hin the foregang description and tht habendum Iherc-
ot: also all gas. titeam. eleclric. water. and o~her heating. coo{~ing. refrigerating. lighting, plumbing. ventilating. irrigating. and power syslems.
machines. appliances. fixtures. and appurtenances. which now arc or may hereafter E+ertain lo. or tx used with. in, or on said premius. even
Ihough they tx detachcd or Jetachabk.
TO HAVE ANDTO HOLD Ihe came. together with all and singular the tenements. hereditaments and appurtenances lhereunto t+elonging
or in anyw•iu appertaining. and the re~ersion anJ rever.ionc. remainder or remainderc. rents. issuec, anJ proSts thereo(. anJ xlso all the ec~ate.
right_ titk. intere.t. home~teaJ. Jower anJ right of dower. up•rrale e~tate. ~xxsec.ion. claim and demand whatuxver. a~ well in 1•rw •rs in equi-
~y. of the tiaiJ mungagor in and ro the ~ame. ar.d every part thereoi, with Ihe appurtenance~ ot thc saiJ mottgagor in anJ to the ~ame. anJ every
par~ and parcel thereof unto Ihe +aiJ mortQ:~gee in fee timple.
AnJ the mortgagor hereby coven•rnt. with the murtgagce thc~~ ix i~ irxfe(ea.ihly cei~eJ of ~aiJ land in fee simplr. that he ha~ tull powcr
•rnd lawful rip,ht to convey Ihe aame in fee simpk as aforewid: that il shall be law~(ul,(or IF~e mort~tagee. at all times peaceably and quietly to en-
ter upon. M>Id. occupy. and enjoy said land. anJ every part Ihereof: that tFrc land is and will remain (ree from all encumbrances; that said mort-
gagor v?i11 make wch funher aswrances to provt thc (ee simple titk to said land in said morlgagec as may ?x reasonably requireJ. and that said -
mon~gur dcec hereby (ully w•rrranl thc tide to said land. and every part Ihereof. and will dcfend 1he same against the lawful claims ot all pcr-
som whomsoever.
PROYIDF.D A1.INAYS. anJ Ihece prescnts are tucuteJ and delivered upon Ihe (ollowing conditionc, to wit:
The mortgagor agrees to pay the mort~gce. or order_ lhe principal sum otSr.V~I~TEEN TH~U$AND F~UR HU~DR~.D & NU1i.~0
17 1_ as evidenced by a note of cven date herewith. witb interest irom da~e at the
[h~llars IS
~ rate o( S::VEN per centum ( 7 `~1 per aonum on the unpaid t?alance
until paiJ. 'I?~e caid principal and intcre~t ~h-rll Ix payabk at the otfice of PHIPPS -HARRINGTON CORPORATION-FLORIDA,
Post Office Box 6067C, Orlando, Florida 32~~3
~ or at wch other place as Ihe hoWer of Ihe note may Jetiignatc in writing. in monthly installments o[
ONE HUNDRED FIFTEEN AND 88/100 t~o~~ars ~s 115 1. commencingun
the first Jay of I . and on the first day ot each month thereatter onlil Ilx principal and
SEPTEMBER, A . D. - 973
~ interes~ are (ully paid. except that the final payment ot principal and interesl, if not soonet paid. shall tx due and payabk on the firs~ day of
~ iGUST, A . D. , 2003 :
~ AnJ .hall July. prompUy. and tully pertizrm. diccFwrge. exccutc. eHect. complete. and comply with and abiJe by each anJ every thc stipu-
lation~_ agretments. conditivns. anJ coeenants of saiJ promi~~ory~ note and of this mortgage. then this mortgage and the estate hereby created
~hall cease and F?e null anJ void.
And the mortgagor turlher covenantc as followc
I. "il~at ht w ill pay the indeMeJne«, a~ hereintxfore provided. Privikgt ic rexerveJ to pay the deM in whole. or in an amount cqual to one
~A or more monthly payment~ un the principal that are neat Jue ~~n the note. on the first day ot any month ptior to maturity: Provided. however.
_ ~h:e M ritten notice o( an intentiun to e~erci.e .uch pri~ ilege i~ givrn at Iea.t ~hirty 1~01 Jay~ prior to pre~y~e9~ ~ n~
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