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HomeMy WebLinkAbout1425 f 2Ei12'74 - ~ ~ ~ ; ~ ' sT-zs,ao2 STATE OF FLONIOA This form is used in connettion fNA FORM NO 2110 m with mort~a~es insured under the R•.Is.d Me.ch 1972 one- to fou~-ismily prarisions of ; the Nation~l Housing Att. ' ~ MORTGAGE ? THIS MORTGAGE. datod tfie Firet ~y AuguSt 19 73 betweea SARAA L. WILSON - • hereinafter called the mort~or. a~d STOCKT~I, WHATI.EY, DAYIN ~ 002~'ANY ' . a corporation orpaized and exiuins under the laws of StBte of Florida . hereinafta called thc mort~ee. ~ • WITNESSETH, that tor divers food and vdwbk coasideratio~a. and aho in consideration of the a~repte sum namod in the 4 promissory note hereinafter describod. the said nwrtia~or does herebY 6raat, bu~aie. sell, alien. rcmise. relase. conv~y. and confirm uato . + the said mortptee all tbat urtaia piece. parcel. or tract d land of whicA tAe said morisa=or is aow seized and possessed and in utual posxssioa, situate ia the county of St. Lucie • ~t aad State ot Flarida, dacribod as fdlows: _ ~EIY~ L__3S- / v _ fN 01~ ON (XJ?SS ~C ~Jtf Of T!~ ~ ~!1tA~...IN~ t: ...:.:-r_ '~''rA eltl/~ Lot 308, SHERATON P'LAZA, UNIT FOUR, REPLAT, CiWiER 71•13~. II~lS pF ly/l. according to the Plat thereof a8 recorded in Mr~pt m~ Plat Book 16, page 18 of the Public Records A. WqE pp~, of St. Lucie County, Florida. Together vith the follawing items of property . which are located in and permanently installed as a part of the i~rovenrents therean on said laad: RANGE: ORBON, M~DEI. Cf30, SERIAL NUt~ER 3781 RANGE HOOD : I~IIAtII CAREY, t~ODEL 3730 ~ SPACE HEATER: DEARBORN, MUDEL DVF-65 The express enumberation of the foregoing items shall not be deemed to limit or restrict ttie applicability of any other language describing ~ in general teras other property intended to be cavered hereby. ~ w~o J ~ 1~+ ~ O ~ ~ ~ ~ i a.? ~ . STATE DOCUI~NTARY STAMPS AFF~ T0. THE OR GINAL N~g (~,p~Cp~~~~~r~ ~ 3~ ~ Together with all uructures and improvements now and herea~ier on sa~d land, a~fixtures attac6e~ tl~eiew, an~ alrreni"s.~issues. ~ p~ proceods, and profits accruing and to accrue from said premixs, all of which are included within the foregoing descriptan and the ~ U~, habendum thereof; also all gas, steam, eleciric. water, and other heating, cooking, rdrigerating, lighting, plumbin~ ventilating, irrigating, ~ L W~ and power systems, machines, appliances, fixwres. and appurtenances. which now arc a may hcreafter pMain to, o~ be uxd with, in, or ~ on said premises, even though they be detached or detachable_ ~ TO HAVE AND TO HOLD the same. together with all and singular the tenements, hereditaments and appurtenances thereunto belonging w in anywix appertaining, and the reversion and reversions, remainder or remainders. rents, issues, and profits thercof, and ~ ~ also all the estate, right. tiUe. interest, homestead, dower and right af dower, xparate estate, possession, claim and demand whatsoever, as z f- o well in law as in equity. of the said mortaagor in and to the same. anJ every part thereoi, w•ith the appurtenances of the said mortgagor in ~ Z and lu the same, and every part and parcel thereof unto the said mortgagee in fee simple. N And the murtgagor hereby convenants with the mortgagec that he is indefeasibly seized of said land in fee simple; that he has full C~ ~ power and lawful right to convey the same in fee simple as aforesaid; that it shal! be lawful for the mortaaaee, at all times peac~ably and ~ m o qu~etly to enter upon, hold, occupy. and en}oy said land. and every part thereof: that the land is • and will remain [ree from all ? Q~°+ encumbrances: that said mortgagor will matc such further aswrances to prove the fee simple tiUe to said lard in said matgagee as may be eo reawnably required, and that said morigagor does hereby fully warrant the title to said IanJ. and every part thereof. and will defend the ~ same against the IawTul claims of all pcrsons whomsoever- PROV IDED ALWAYS, and these presents are eaecuted and delivered upon the following conditions, to wit: The mongagor agees to pay the mortgagee. or order. the principal sum of SEVENTEEN THOUSAND ~ FIVE HUNDRED b~ FIF1'Y ~ t~'<Q~ 10~~~~~ ~s 1~ ~55~.~- 1• ~ evidenced by a note of even date hercwith, with interest from date at the - rate of g$~p per centum ( ~ ~Xc ) per annum on the unpaid balance ~ until paid. The said principal and interest shail be payable at the office of StOC~CtO[1 ~ S~i~lStle~1 ~ Dd~t~Il & C010p8riy 3 100 West Bay Street} Jacksonville, Florida 33202 K or at wch other place as the holder of the note may designate in wTiting, in monthly inuallments of HUNDRED SIRfEEN 6r 88/ 100 ~ - - - - - - - - - - - - - - - Do11arsIS 116.88- - - - - - - - .~•commencingon ~ the first day of September •~973 , and on the first day of each month thereafter until the principal ~ and interest are fully pa~d, except thai the final payment of principal and interest, if not sooner paid, shall be due and payable on the first ~ day ot August l~t 2003 ~ • And shall duly, promptly, and fully perform, discharge, eaecute, effect, complete, and comply with and abide by each and every ~ the stipulations, agraments, conditions, and covenants d said promissory note and d this mortgage. then tMis mortgage and the estate hcreby aeated shall cease and be null and vad. k And the mortgagor further covenants as follows: ~ I. That he v`ill pay the indebtalness, as hereint+efore provided. Privilege is reserved to pay the debt in w•hole, or in an amount equal ~ to one or more monthly payments on the principal that are next due on the note, on the first day of any month prior to maturity: I'roriilcA, how•ever. that written notice of an intention to exercise wch privilege is given at least thirty t30) days prior to prepayment: and, provided r, further, that in the event the debt is paid in full prior to mawrity and at that time it is insured under the provisions of the National ` Housing Act, he will pay to the mortgagee an adjusted premium charge of one per centum I1 ) of the original principal amewnt thereof. eicept that oo adjusted premium charge shall be due ot pavable ~vhere paymeot in lu:l is made a(ter lhe due dat~ oi the 120th ~ scheduledpa yment and in no evertt shaU the adjusted premium e:ceed the aggregate amount oi premium c6arges which would have ~ been payable if this ~1ortRage had continurd to be insured uatil maturity, snch paymmt to be applied by the mortgagee upon its = obliRation to the Secretary o( HousinR and l'rbaa De~elopment on accouot o( mortgage insurance. ~ QQQK z ~ _ '