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HomeMy WebLinkAbout1223 it S ~ ~ / , f ~ STATE OF F~Oi11DA 263196 This form is used in connectio~ FHA FORM Nd ~110 M with mortgages insured under the R•.tsd Oca?« h74 ~ one- to tou~-famiy provisions ot tha National Houaing l1ct. MORTGAGE , : THIS MORTGAGE. dated the 2 5th. day ot AiIaUST , A. O. 1973 . hy and. txtween JOHNNY B. WILSON 8 Dd B~TTYF. J. WILSON ~ h1 s w1 f e ; hereinattercalleJ the mortgagor. and NATIONAL HOM~S ACCt~:PTANC~ CORPORATION, ' ~arl Ave~ue at Wallace, Lafayette, Indiana 47902 . - -:ecor~or,iio~?or~an~zcdandexisiin~under_thelswsot ~he. StetB oP _ - Ind iana . hereina(ter called the mortgagee. WITNESSETH. that tor divers good and vaiuabk consideraiions. ami .iw in c~n~Jeraiios ih:, :.~::g::t sL:a asastd ia ltse Fre.^.~issc- ; ry nwe hertinafter describcd, the saiJ mottgagor does hereby grant. bargain, sell, alien, remise. rekase. convey, and confirm unto the said F+ ~ morlgagee all that certain picce, parcel, w ir~cl uf tand uf w1?ich ihz wid murtgsgor is now stiztd and possessrd artd in actua) Qocsesseon, siw- - ate in the county ot $T . LUC IE ~ and State of Fbrida, describeJ as follows: : ; Lot 1g2, SHr:RATON PLAZA, UNIT THREE, Rr.PLAT, as per plat thereof recorded in Plat Book 16, Page 12, of the Public rds oP St. Lucie County, Florida. ~ ~ ~ ~ ~ ~ 7 ~ . ~ ~ _ .~e ~ ~ , ~ ~ ,N ~ R~ 'C ?Il~~f~ ~1~s ~ 191L p~ tll?~ 11-13~. U ~ . ~ ~ ~Ef1 ~S~~IE fA. F1~ t a~ ~~?~t ~ItT. ~ ; ' ' ~ , Y ~ 4 ~5 S I ~ Together with all structures and improvements now and hereafter on said land. and fixtures attached thereto. and all rents. issues. pro• ' ~ ceeJs, and profils accruing and to accrue from said premises. all of which are included within tlx foregoing deuription and the habendum there- ~ ~ of : also all gas, steam. electric. water. and other heating. cooking. reirigerating, lighting. plumbing, ventilating, irrigating. and power systems. ; machines, appliances. fiatures. and appurtenances. which now are or may hereaiter pertain to. or be uxd with. in. or on said premises. even ~ though they be detachcd ur detachabk. ' TO HAV E AND TO HOLD the same. together with all and singular the tenements, hercditaments and appurtenances thereunto belonging ~ or in anywiu appenaining, and the reversiun and revercion~. remainder or remainders. rentc, issues. and profits Ihereof. and afso all lhe estate. i ri~hi, tide. interect. FwmcsteaJ. Jower and right of Jower, separate tatate. postexsion. claim and demand whatccever. as well in law as io equi- 1y. at the.aid mort~tagor in and to Ihe same. and every part thereof. with 1he appurtenancec of the ~aid m~rtgagor in and ro the same. and t~•cry part and parcel thercof unto the ~aid morlgagee in (ee simple. ~ And the mongagor hereby cuvenants with the murtgagec ~ha~ he i~ indefeacibly xeized of ~aiJ land in (et cimplr. that he ha~ full power ~ and lawful right to convey the same in fee simple as aforesaid: that it shall be lawtul for the mortgagce. at all times peaceably and quietly to en- ter upon. hold. occupy. a~xi enjoy said land. arni every part thereof: that the land is and will remain (ree from all encumbrances: that said mort- ~ gagor witl make such funhe~ assurances to prove the (ee simple titk to said I:+nd in said mortgagec as may be reasonably requircd, and that said :l, m.xtgagcir Joes bereby-fuUy +.urant the title m said IanJ. anJ every part ~herco(_ and will detend the same against the lawful claims of all per- wnc Nhumsoe~•er. ' ~ PROV IDED ALWAYS. and these preunts are executed and delivered upon the tolbwing conditions. to wi1: ~ Thc mortpagor agrees to pay the mortga~tce. or order. the principal sum of SEVENTEGN THOUSAND FOUR HUNDR::D & N(YZ OO ~ ~ Dollar~ IS 17 ~~}~;i . 0~ ac evidenced by a note of even date herewilh. with interest from date a1 the rate of $;~~j~j per centum l 'l'~l per annum on the unpaid balanct s until paid. The tiaid principat and interost cha11 be payabk at the ot6ce of NATIONAL HOMF.S ACCGPTANCr: CORPORATION ~ ,:arl Avenue at Wallace, Lafayette, Indiana ~7902 or at wch other place as the holdet o( the note may designate in writing. in r ~onlhly installments of ~ _ ..t)oltars IS commencing on ~c QV.; HUNDR~D FIFTci.N AND SS/1Q0 115•~8 ~ . 19 , and on the first day of each momh therea(ter until ~he p~ncipal aod ~ifrc first day of QCTOB~.R~ A. D. 73 ~ interest are fully paid, e~cept that the final payment ot principal and interest. if not sooner paid. shall be due and payabk on the first day of = - D. 2003 ~ JLAT~.ch~l du~ly prAomptly. and fully pcrtorm. discharge. execute. efiect. compkte. and comply with an~~bide by each and every tFx stipu- ~ ~ lations. agreements. conditionx. and covenants of saiJ promissory nWe anJ o( this mortg:+ge. lhen this mor`~gage and the estate hercby created ; ~ chall ceace and be null and void. i S ~ And the mortgagor (urther covenants as fullows: ~ I. Tha~ he will pay tlx indebtedntsc. ac hereintxfore provided. Pirivikge ic rcscrved to pay the debt in whok. or in an amount equal to one ~ ~ or more monthly payments on the principal 1ha1 arc nez~ duc un the note. on tlx firsi day o( any month prior lo msty~il~ A'ovidtd, however. ~ ~hat Nrinen notice of an intention to ezercise .uch pti. ilege ic give~~ at kact thiny 130) daY. prior to prepayment. ~ ~j 11 ~~J ~ _ ~ ~ _ s; _ - . , _ - _ - - ~ ~