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HomeMy WebLinkAbout2436 i'~•25~,061 . , 26~956 ~ Swn-965107 ~ ~ STATE OF FLORIDA FHA FORM NO 2110 m whth f o?m is used in connection matgages insured under the R~via~d AAo~ch 1972 o~e- to four-family provisions of the Nstional Housing Ikt. MORTGAGE - THIS MORTGAGE, dateJ the Firat ~ay °f AuguBt • A. D. 19 73 . by and ~""`e" EDDIE J. WHITE and TOI~QE S. 4lAITE, his wife • hereinafter called the mortgagor, and STOCKTON, WHATLSY, DAVIN & CQI~ANY . a corporation organized a~d ~xisiing undu the laws of State of Florid8 . heroinatler called the mortgagee, WITNESSETH, that for divers good and valuable considerations, and also in co~ideration of the ag~rtgate sum aamod in the promissory note hereinafter described, the said mortgagor does hcreby grant. bargain, xll, alien, remise. relase, convey, and conflrm unto [he said mortga6ee all that cenain piece, parcel, or uact ot land of whiCh the said mortgagor is now seiud and possessed and in actual posscssioa, situate in the county of St. Lueie and State of Florida, described as tollows: ~ Lot 303, SHERATON PLAZA, UNTT FOUR, REPLAT, ~ ~ according to the Plat thereof, as recorded in ~ Plat Book 16, page 18 of the Public Records ~ of St. Lucie County, Florida. 8 Together with the following items of property ~ which are located in and permanently installed as a part of the ~!r ~ Q q improvements thereon on said land : ~ a. R A N G E : ORB~i, MODEL G-30, SERIAL N[JI~ER 3788 RANGE AOOD: MIAMI CAREY, MODII. 3730 SPACE NEATER: DEARBORN, MODEL DVF-65 ~ SEARS COLDSPOT REFRIGERATOR, M(3DEL 682I1, SERIAL NUMI3ER 5-31I53580 ~j The express enumberation of the foregoing items ah~i1 not be deemed t~ to limit or restrict the applicability of any oth~r language describing in general terms other property intended to be ccwered herebq. s.. 4 p . J C 'i O ' n ~ ~d STATE DOC[THENTASY STAt~S AFF'IXED TO THE ORIGINAL NOTE AND CANCELLED. ~ Together a•ith aN structures and impmvemen~s now arxl hrrrafter ~n ;aiJ {and, and fixtures attacheei thereto, and a!1 rents, issucs, J~ a~ procee.is, and profits accruing and to accrue from saW premices. all of which are inclueied within the foregoing deuription and the y c a habandum thereof; also all gas, steam, electric. aater, and oth~r heating. caiking, refrigerating, lighting, plumbing, ventilating, errigating. ~ r and power systems, machines, appliances. fixwrec. and appurtenancex. which nuw arc or may hereafter pertain ta, or be used with, in, or r on said premises, even though they be detachcd w detachable. c TO HAVE AND TO HO[.D the same, together with all and singular the tenements, hereditaments and appurtenances thereunto bc;lvngeng ar in anyw~ise appenaining, and the rrversion and reversions. remainder or remainders, rents, issues. and profits thereof, and also all the estate. right, tiUe. intere~t, homesteaJ, davrer and right of dower, separate estate, passession, claim and demanti whalsoever, as well in law as in equity, of the said mortgagor in and [o the same, and every part thereoi, with the appurtenanca of the saed rmrigagor in r anJ tu tho same. anJ every part and parcel thereo! unto the said rqortgagce in fee simple. ' Z ;~nd the mortgagor hereby convenants with the mcxtgagee that he is inJefeasibly s~ized of said land in fee simple; that he has full ~ N power and lawful right to convcy the same in fee simplc as aforesaid; that it sf~al! be lawful for the mortgagee, at all times peaceably and ~ ~ ~i quieUy to enter upon, hold, cecupy. and enjoy said IanJ. arni every pa~t thereof; that the land is and will remain free from all i C. n encumbrances: that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may tx ? Q n reawnably required, and Ihat saiJ mortgagur does hereby fullq warrant the title to said land, and every part lhereoL and will defencl the s:ime against the lawful claims of all perwns whumwrver. . r PROVID~D ALWAYS. and these presents are executed and delivered upon the folbwingconditions, to w~ir. The mortgagor agrees to pay the mortgagee, or order, the principal sum of~j(~Tg$N 1HOUSAND ~ EI(~iT HUNDRED ~ FIFTY i `:';0/ 100 Dollaz~ IS j$~850.dQ- as evidenced by a note of even date herewith, with interest from date at the rate of SEV~N per centum ( ~ ~fr ) per annum on the uapaid balar~ce until paid. The said principat and interest ~hall be payable at the office of f Stockton, Whatley, Davin ~ Company • I00 West Bay Street Jacksonville, Florida 33202 , or at such other place as ~he holder of ihe note may designate in writing, in monthly installments of ~ ONE HUNDRED & TWENTY-FIVE AND 54/100- - - - ~O~~a~~s 125.54- - - - - - _ _ _1.commencingon ~ the first day of September .»-/3 . and on the first day of each month thereafter until the principal ' and interest are full aid, exce t that Ihe final a ment of { Y P' p p y principal and interest, if not sooner paid, shall be due and payable on the fint ~ay ~f August • 2003 And shall duly, promptly, and fully perform, dixharge, execute, offect, complete, and comply witA and abide by each and every ' the stipulations, agreemenis, conditions, and covenants of said promissory note and of this mortgage, then tbis mortgage and the estate hereby created shall cease and be null and void. :\nd the murtgagor further covenants as follows: 1. -That he will pay the indebtedness, as hereinbefore providetii. Privilege is reserved to pay the Jebt in wh~le, or in an amount equal ; to one or rtwre monthly payments on the principal that are nezt due on the note. un tfie first day of any month prior to maturity: /'ro?•ided. huwever, that written notice of an intentiun to exercise such privitege is given at least thirty t3Q) days prior to prepayment: and, provided r further, that in the event the deM i~ paid in full priur to maturity and at that time it is insured under the provisions of the Nationa) j Noutiing ;~ct, he will pay to the mortgagee an adu,ted premium charge of one per centum 11 ~ of the original principal amoum thereof, ti except that no adjusteA prrmium charge shalt Ge due or pacable ti.here paymeot ~n luil ~s mad~ after tAe due date o) the 120tb i ti~•hFdaledpa vmeatand in no er~nt shall the adjusteJ premium eaceed the aRgregate amount o( premium charqes ~chich Nould have b~•~n papablf~ i( this 11ortRa~~ had continu~d to be insured until maturity-, 5uch payment to be applied by lhe mortgagee upoa its ob(i€ation to the ~PCretary of HousinR and frban 1)e~~elopment on a~couot of mortgage insurance. do~217 ~~~f2427 ~ ~ ~ _ - , . . . - : _r f