HomeMy WebLinkAbout1879 ST-~5..060 D ~
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26158'~ ~
STATE OF FIORIDA -
• This form is used in connection
FHA FORM NO 2110 m with mo?tgages insured unde~ the
R•~ts.d w?orch 1972 one- to four-family provisions of
the National Housing Act.
MORTGAGE ~
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THIS NORTGAGE. dated the First dgy August • A• D. 19 73 , by and
betw«n CLEOPHUS JACKSON gnd ETFiEL JACKSON, his W1fe •
hereinaRer called the mort~or. and '
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STOCKTON, WHATL~'Y, DAVIN ~ COI~ANY '
, a corporation orsanizod and exiuing under the laws of St8te of Florida ~ _
. hereinafter called the mortaasee.
WITNESSETFl, that for diven goai and valuable co~uideratioos, and also in consideration of the aggrcgate sum named in the `
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promissory note hereiaafter descnbod. the said mortga~or does hereby sraat, bargain. xll. alie0. remise, relase, convey, and confirm unto •
the said mort`aace aU that certain piece. parcel. or tnct of land of which the said mortgagor is now seized and possesud and in actual ~
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a
possession. situate in the couety of St. Lucie ~
- and State of Florida, described as tolbws:
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~r~ r,~~a,~,
Lo t 301, SHERATON PLAZA, UNIT FOUR REPLAT , 4~, ~~iPr~~'1 q~.
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according to the Plat thereof as recorded in I~,.,~~ ~
Plat Book 16, page 18 of the Public Records ~ Sl~ +
of St. Lucie County, Florida. ~ q~ f
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Together ~,rlth the folloowing items of property ~
which are located in and perm~anently installed as a part of the
improvements therean on said land:
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RANGE: ORBON, rion~, c-3o, SERIAL NtTHBER 3777
RANGE HOOD: MIArril CAREY, MODEL 3730
SPACE HEATER: DEARBORN, MODEL DVF-65 ~
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SEARS OOLD6POT REFRIGERATOR, MODEL 68211, SERIAL ViJI~ER S-30714987
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The express enumberation of the foregoing items shall not be deemed ~
to limit or restrict the applicability of any other language describing j
in general terms other property intended to be covered hereby. ~
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~ STATE DOCUA~IdTARY STAMPg AFF~'~~D T Tt O rTNAT~ ~ n~p ~N ~~p
! Togcther with all structures arni improvements now ana hereafter on sa~ Ia~a~x~~Trt3"Stta~l~Eirlhll'~~, 3rtQ~T~i~'mX~ssues.
; proceeds, and profits accruing and to accrue from said premises, all of which are included within thc foreguing description and the ~t
f haber.dum thercof: also all gas, steam. electric. w•ater. and dher heating. cooking, refrigerating, lighting, plumbing, ventilating. irrigating, ?
€ and pow•er rystems, machines, appliances, fixwres. and appurtenances. which now are or may hereafter pMain to, or be used with, in, or ~
on said premixs, e~•en though they be detached or detachable. ~
~ TO HAVE AND TO HOl_D the same, togrther with all and singular the tenements, hereditaments and appurtenances thereunto
belonging or in anyw•ise appMaining, and the rcversion and rcversions. remainder or rcmainders, rents, issues, and profits thereof, and
~ also all the atate, right. tide. interest, homestead, dow•er and right of dower, separate estate, possession, claim anJ demand whatsoever, as
weli in laa as in equity, of the said mortgagor in and to thc same, and every part therrnt with the appurtenances of the said mortgagor in
and to the same. and every• part and parcel thercof unto the said mortgagee in fee simple.
And the mortgagor hereby convenants with the mortgagce that he is indefcasibly xized of said land in fee simple; that he has full
power and lawful risht to convey the same in fce simple as aforesaid; that it shall be lawful for the mortgagce, at all times peaceably and §
quietly to enter upon. hold. occupy. and enjoy said land. and every part thereof: that the lanci is and will remain free from all ~
encumbrances: that said mortgagor will make such further aswrances to prove the fee simple tiUe to said land in said mortgagee as may t+e ;
reasonably required, and that said mortgagor docs hereby fully v?arrant Ihe title to said land. and every pan thereof, and will defend the t
same against the law~ful claim~ of all persons whomsoever_ '
PROYIDED ALWAYS, and these presents are executed and delivered upon the folbwing conditions, to wit: ~
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- The mortgagor agees to pay the mongag«, or order, the principa! sum of EIGEITEEN THOUSAND EIGHT HUNDRED Sr FIFl'Y ~ °
~ I00 Dollars (S 1$ ~$50. 1. as evidznced by a rate uf even date herewith, with interest from date at the ~
rate of $${~',j~j per cenwm 1 ~ `~c ) per annum on the unpaid balance ~
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~ until paid. The said principal and interest shali be payable at the office of ~toekton, Whatley, Davin ~ Company ~
= 100 West Bay Street Jacksonville, Florida 33202
~ or at such oiher place as the holder of the note may designate in writing, in monthly installments of
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:s ONE HIJA]DRED TWENTY-FIVE AND 54/100- - - - - Do11a'S ~s 125.54- - - - - - - - - commencing an
~ . 19 , and on the first Jay of each month thereafter until the rinci al
~ ~he firsc day of September 73 p P ~
R and interest are fully paid. except that the final payment of principal and interest, if not sooner paid, shall be due and payable on the firsi t
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~ day of AUg11SC ' 2003
And shall duly, promptly, and fully perform, discharge, execute, eBect, complete, and comply with and abide by each and every
the stipulations, aBeements, conditions, and covenants d said promissory nae and d this mortgage, then this mortgage and the estate
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hereby creatod shall csast and be null and void.
~ And the mortgagor furiher covenaMs as folluws:
~ 1. That he will pay the indebtednets, as hereinbefore proviJed. Privilege is reserved to pay the debt in whole, or in an amount equal -
~ to one or more monthly payments on the principal that are ne~t due un the notc, on the first day of any munth prior to mawrity: I'ruti•idrJ.
~ huwever, that written notice of an intention to eaercise such privilege is given at least thirty 130) days prior to prepayment; and, provided
~ further, that in the event the drbt is paid in full prior to maturity and at that time it is insured under the provisions of the National
~ Housing :1ct, he will pay to the mortgagee an aJjusted premium charge of one per centum I 1 ~z ? ot the original principal •rmvunt thereof.
~ e~cept t6at ao adjusted premium charge shall be due or pay~able ~~here payment in luit ~s made a(ter the due date oi tne 120th
~ scheduledpa ~~ment and in no e~ent shall the adjusted premium exceed the aggreRate amount o( premium charges which N~oold have
- been payable i( ~his ~lortgage had continued to Ge iasureJ until matarity, such pa~~ment to be applied by the mortl¢agee upon its
obli~tatioo to the Secretary ot Nou~inR and l~rban Development on account of mortga~te insurance.
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