HomeMy WebLinkAbout1604 - t . . sr-ZS,4os '~t'1386
~ SWD tf967616 ~
STATE OF fLORIDA
' This form is used in con~ection
FHA FORM NO Z110 m with mortgages insured unde~ the
R•~Is•d MorcA 1972 o~e- to fou~•family p~ovisions of
+ the Natiooal Housing /kt. ~
1~iORTGAGE
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THIS MOkTGAGE, datod the First day of AugtlBt . A. O. i9 ~3 . by and
b`~W"° L~V~~T SHAZIER $nd LEE E. SHAZIER, his wife • ~
hereinaRa I t e mortga~or, an j
STdC[CTON, HAATLBY, DAVIN ~ COI~ANY
~ . s corporation organiud and existing u~der the laws of StStE of Florida i
. hereinafter callod the mortqagee.
WIl'NESSEiH, that for diven good and valuable considerations, and also in consideration of the agsregate sum namod in the i
promissory note he~einaflet dacribed. the said mortsa~or does hereby grant. bargaio, sell~ aliea. rcmiu, relase. canvey, and confirm unto ~
the said mort~agee all that certain piece. parcel, or tract of land oi which the said mortgagor is now uized and posxssed and in actuat ~
possession, situatc in the county of St. LuCie +
and State of Florida, dtscribed as fdlows: 3
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Lot 297, SHERATON PLAZA, UNIT FUUR, REPLAT, ~ 8r ~
accoraing to the Plat thereof as recorded in ~
Plat Book 16, page 18 of the Public Records ~ i
of St. Lucie County, Florida. ~
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Together with the following items of property ~~w
which are located in and permanently installed as a part of the }y
impravementa thereon on said land: ~ ~~i
RANGE: ORBON, ZipDII. G-30, SERIAL Ni1MBER 37873 ~ ~ ~
RANGE AOOD: MIAMI CAREY, rtQDEL 3730
SPACS HEATER:-DEARBORN, 1~DEL DVF-65 ~ ~
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The express enumberation of the foregoing items sha21 not be deemed ~
to limit or restrict the applicability of any other language describing ~
in general terms other propexty intended to be cavered herebq.
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STATE DOCUt'~NTARY STAt~S AFFIXED TO T~ ORIGINAL NOTE AP1D CANCELLED.
Together with all structures and improvements rww and hereaRer on said land, and fixtures attached thereto, and all rents, issues,
proceeds, and profits accruing and to accrue from said premises, all of which are included within the tortgoing des¢ript'wn and the
_ habendum thereof: aiso all gas, steam, etectric. water, and other heating, cooking, refiigerating. lighting, plumbing. ventilating, irrigating, '
and power systems. machines, appliances, fiatures, and appurtenances. which now are or may hereafter pertain to, or be used with, in, or ~
on said premixs, even though they be detached or detachable. ~ -
j TO HRVE AND TO HOLD the same, together with al! and singular !he tenements, hereditaments and appurtenances thereunto ~
belonging or ii~ anyw•ise appertaining, and the reversion and reversions, remainder or remainders, rents. issua, and profits thereof, and '
< also all the atate. right, ~itle, interest, homestead, dowcr and right of dower, separate estate. possession, ctaim anJ demand whatsoerer, as
Q° well in law as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in ~
~ LL o aad to the same, and every pan arxi parcel thereof unto the said mortgagee in fee simple.
~~,J. 4nd the mortgagor hereby ~unvenants with the mortgagee that hr is indefeasibly seized of said tand in fee simpte: that he has full
~ power and lawfui right to convey the same in fee simple u aforaaid; that it shall be Iawful for the mortgagee~ at all tima peac~ably and
~ a ~ quietly'to enter upon. hold, occupy, and enjoy said land. arxl every part thereof; that the land is and will remain frce from all
~ u encumbrances: that said mortgagor will make suCh farther assurances to prove the fee simple titfe to said land in said morigagee as may be
d reasonably required. artd ihat said mortgagor does hereby fully warrant the title to said land. and every part ~hereof, and w-ill defend the
Q W r same against the lawful c{aims of all persons whomsoever.
Q~° PROV IDED ALWAYS, and these prosents are executed and delivered upon the following conditions, to wit:
The mortgagor a~rees to pay the moirtgagee, or order, the principal sum of ~~N~ ~OUSAND ~ FOUR HUNDRED bc NO/ 100
4~y r pollars IS 0 400.~~- j~ as evidenced by a nate ot' evert date herewith, with i~terest from date at Ihe
~ J o rate of~~ S8~~ per centum 1 ~ per annum on the unpaid balance
" t Z unti l pai d. The sai d principa l a n d interest s ha l l b e paya b
le at I ht o
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fi ce o
f
N S t a c k t o n, {
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h a t Z e y, D a
v i n ~ C o
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p a n y
~ 100 West Bay Street Jacksonville Florida 33202
Z¢~ o or at such other place as the holder of the note may designate in writing, in month~y installments of
- a ~ Dollars IS 135 86- - - - - - - - -l. commencing on
O*IE HUNDRED ~ TfiI~Y FIVE AND 86/100- - •
- the first day of epte eY . 1973 , and on the first day of each month thereafte~ until the principal
r and interest are fully paid, except that the 6na1 payment of principal and interest, if not sooner paid, shall be due and payable on the first
day of August : 2003
And shall duly, promptty, and fully perform, discharge, executt, ef~cet~ complete, and comply with and abide by each and every
the stipulations, agrcements, conditions, and covenants of said promissory note and of this mortgagG, then this mottgage and the estate
hereby created shall cease and be null and void.
.And the mortgagor further covenants as follows:
I. That he will pay the indebtalness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal
to one or more monthly payments on the principal that arc next due on the note, on the fint day of any month prior to maturity: /'~o?•ided.
however, that written notice of an intention to exercise such privilege is given a! leasl thirty 130) days prior to prepayment; and, proviJed
further, that in the zvent Ihe debt is paid in f~ll prior to maturity and at that time it is insured under the provisions of the National
Housing Act, he will pay to the mortg•rgee an aJjusted premium charge of one per ecntum (1 ~'i ? of the original priricipal amount thereof.
except that no adjusted premium charge shal! be due or payable ~vhere payment in tufl is made after t6e due date oi the ]20th
scheduledpaymeataad in no e~ent shall the adjusted premium exceed the aggregate amount o( premium charges which w•ould have
been payable if this 1lortgage had continued to be insuted until maturity, snch paymeat to be applied by the mortgag~e upon its
obliRation to the Secretary n( IlousiaR and ( rLan llevelopment on account o( mottRage insurance.
s~~17 ~1596
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