HomeMy WebLinkAbout1836 i
STATE OF FLORIOA 263534
This form is used in connection
FHA FORM NO Z110 m with rtwrtgages insured under the
Rwts•d Mo«ti 1974 one- to four-family provisions of
1~~ the National Housing Act.
MORTGAGE
~
THIS MORTGAGE, Jato6 the iet ~ay Septezober • A. D. 19 73 , by and
~ • - - - - - - - =
Ll~Ml ts. aLI~uDA 81Q lfi.lAbL1A n61U1b1~~ R18 Vli@ ~ -
hereinafler called the mortgagor, and
STOCKTON, WHATI~Y. DAVIN ~ OOMPANY
. a corporation organizod and eaisting under the laws of ~e • SCBtE of Floridi
, hereinafter callod the mortgagee.
WITNESSETH, that for diven good aad valuablc considuations, and also in considuation of the aggregate sum namod in the
promissory note hereinafter desctibed, the said mortgago~ does Nere~y grant, bargain, sell. alien, remise. retau. convey, and confirm unto
the said mortgagee all that certain piece, parcel, or tract of land of which the said mortgagor is now uized and possessed and in actual
posseuion, situate in the county of St. I.ucie
and State of Florida, dacribed as follows:
Lot 245, Sherataa Plasa, Uait Four, Replat,
according to the Plat thereof , as recorded in ~a1?
Plat Book 16, page 18 of the Public Records of ~ d _
St. Lucie County, Florida. q~, ~it,,. i,~
Toget~r irlth the folloving iteas of property vhich are ~b
located in aad pes~saeatly inetalled as a part of the ~ Q~~s~l~~~` }
3apraveoenta thereon oa said land: , ~ jl •
.
RANGB. ORBOl1, ?pDffi. G-30, SBBIAI. N[1l~BR 3T80
RANG~ HOOD: MIA1~II CABSY, t+~DBL 3730
SPACB HSATBB: DEARBOBN, HODEL DVF-65
Tbe ezpresa eauvberatioa of tbe foregoing items shall not be deemed
to limit or restrict the applicability of any other language describing
in general terms other property intended to be cavered herebq.
G~
~r7
~
I G~
{ . _
i
k Gs7 ,q ~
~ r S?ATS DOCUl4~11TARY STAI~S AFFIBED TO 1'~ ORIGINAL NOTB AND CANCSLLED.
~ L~i Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
~ ~
; c~ ~ W procceds, and profits accruing and to accrue from said premises, all of which are included within the foregoiog description and the
~ 3 ~ i~ habendum thereof; also all gas, steam, electric. K•ater, and other heating, cooking, refrigerating, lighting, plumbing. vemilating. irrigating,
`s and pow•er systems, machines, appliances, fixtures. and appurtenances, which ~ow are or may hereafler pcrtain to, or bc uscd with, in, or
~ e~~ on sai d premises, even t houg h t hey be de tac h e
d or detachable.
p, ~ TO HAVE .AND TO HOLD the same, together w•ith all and singular the tenements, hereditaments and appurtenances thereunto
~ belonging or in anywise appertaining. anJ the reversion and reversions, remainder or remainden, rents, issues, and profits thereof, and
also all the estate, right, tiUe. interest, homesteaJ, dower and right of dower, separate estate. possession. claim and demand whatsoever, as
well in law as in equity. of the said mongagor in and to the same, and every part thereof. with the appunenances of the said rrk~rtgagor in
~ r± r 3sxi to the ~me, anci every part arKi parcel thercof unto the said mort¢aaee in fee simnle.
01 And the mortgagor hereby~ convenants w~ith the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full
W ~ Z power and lawful right to convey the same in fee simple as aforaaid; that it shall bo lawful for the mortgagee, at all times peaceably and
~ z a qu~etly [o enter upon. hold, occupy, and enjoy said land. and every part thereof: that the IanJ is and will remain free from all
encumbranees: that said mortgagor will make sueh forther ascuranec~ ro prove the fee simple title to said IanJ in said mextgagee as may t+e
p reawnably requireJ. and that said mor~gagor d~ hereby fully warrant the tiUe to said lancl, and every part thcreoC and w ill defend the
z~ o°, same against the lawful claims of all persons whomwever.
~ r, PROV IDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
~ The mortgagor agea to pay the mortgagee, or order, the principal sum of EIGHTEEN 180USAND AND SIB HUI~TD$ED AND NO~Z~~
~ Dollars IS j$~(~~.~a as evidenced by a note of even date herewith, with interest from date at the
~ cen[um.f-~ ---o~ a~ -
rare o~----Eiglit~~-8ue-~ia~~ ~ Stoc t~~'A~?s~dY1B~~8nq
~ until paid. The said principal and interest shall be payable at the office of
~
~ 100 West Bay Street Jacksanville, Florida 32202
or at such other place as the holder of the note may designate in writing, in monthly installments of
ONE HUriDRED b FOR?Y THREE ~ 03/100- - - - - - - Dollars tS 14i3.03- - - - - - - - l commencing on
the first day of OCtOber . 19J3 , and on the first day of each momh thereafter until the principal
~
and interest are fully paid, eacept that the final payment of principal and interest_ if not sooner paid, shalt be due and payable on the first
day of NCVe1oYlErj ZQ~3
And shall duly, promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every
~ the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate
hereby crcatcd shall cease and be null and void.
.~nd the mortgagor further covenants as folluws:
1. That he will pay the indebteJness, as hereinbefore provided. Privilege is reservcti! to pay the debt in whole. or in an amount equal
~ to one or more monthly paymeots on the principal that are next due on Ihe note, on ihe first day of any monlh prior lo maturity: /'rnrided.
~~3 huwever, that written nutice of an intention ta exercise such privilege is given at least thirty 1301 days priw to prepayme~t: and, provided
further. lhat in the event the debt ~s paid in full prior to maturity and at that time it is insurcd under the provisions of ihc National
~ Housing Act, he will pay to the mortgagre an adjusted prrmium charge of one per cenwm t 1 ) of the original prirxipal amount thereof,
~ except that no adjusted premium charge shall be due or pa}able ~~here pa}•ment in tu:l is made aftcr the du~ ~ate ot 1pe 120th
~ s~heduledpa ymentand in no e~~ent shall the adjusted premium ezceed the aggregate amouot o( premium chatges which Nould ha~~e
Gcen payable i! this ~lortgage had contioued to be insureJ until maturity, such payment to be applied b~ the mortgagee upon its
obliRation to the Secretary- of ?IousinR and I~rLan Development on accouot of mortRaRe iosurancc.
~2i.8 ~~8~`~
~
k - -
k { : - ~y~
~ T' ~i .,.a ~ ~ ~
'~"n `~~"~~`~~~--~~~~.?~b~~ - } ~ " ~,°~~~~s,~
~'1,~`~ ~