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HomeMy WebLinkAbout1847 ~ STATE OF F10RIOA G~a3 This fotm is used in connection FHA FORM NO 2110 m with mortgages inswed u~de~ the R~~Is~d AAo~ch 1972 one- to four-family provisions of the National Housing Act. MORTGAGE THIS MORTGAGE, datcd the i~t '~aY 5epte~er • A• ~y 73 , by and betwetn .i"v`iu~ bi.i.i~ s~uu iii~es iivaaii na.i.ia ~ i~ia firiie hereinafter callcd tAe mortgagor. anJ STO(~C1~01~1, i18ATLBY, UAVIN ~ OOZ~ANY , a Corporaiioa organizrd and exislina Under tAe laws of ~ gtate of Florida - . hercinafter calleci the mor~gagee, W17NESSET'H, that for divers gooJ and valuable consideratiuns, and also in consideration of the aggregate sum named in the promissory note hereinafter described, the said mortgagor does he~eby gant, bargain, sell. alien, remise, relase, convey, a~d confirm unto the said mortgagre all that ce~tain piece, parcel~ or tract of IaM1 of which the said mortgagor is now seized and possessed and in actual posscssion, situate io the county of St. L11C1@ and State ot Florida, described as toliows: Lot 299, Sheratoa P].aza, Oait Four, Replat, ~ ; according to the Plat thereof, as recorded in qy = Plst Boot 16, page 18 of the Public Records of ~Ntr~~,.,;' ~ St. Lucie Coumtq, Florida. 4i~,.`.~'•;i~o.. Together vith the folla?ing items of property ~hich are al~~s located in and persaaeatly iastalled as a part of the •~iE ~,f,~ ispravesents tbereon on said land: ~y ~ ItANGB: ORBaI~t, tIpDBL G-30, SBRIAL NUl~BR 42b9 - RANGB HOOD: 1~IIA1~R CAREY, 2lO~BL 3730 SPACB HEA?ER: DBARBORI~, MODEL DVF-65 The eacpresa enw~beration of the faregoing items shall not be deemed to limit or restrict the applicability af aay other language deseribing in general teros other property intended to be cavered hereby. sr~ noca~errr~r sT~s n~xsn To ~ o~cn~,r. rio~r~ exn ~csr~ Togethrr aith atl siructures and ~mprovements nuw arxi hereafter on said land, arul fixtures attached t ereto. an a I~rents, issues, proceetifs, anJ profits accruing and tu accrue frum said premises, all of which are ineluded within the foregoing description and the habenJum thereof: also all gas, ~team, e(ectric, W acer, anJ uther heating, cooking, refrigerating, lighting, plumbing, ventelating, irrigating. N :~nei power systems, machines, appliances, fixwre,. and appurtenances, which now are or may hereafter pertain to, or be used with. in, or y on saiJ premises. even lhough they be detached or detachable. ~ "f0 HAVE AND TO HOLD the same, tugether with atl anJ singular the tenements, hereditaments and appurtenances thereuntc~ belonging or in anywise appertaining, and the reversion anJ reversions. remainder or remainders, rent~. issues, and profiu thereof, and alw ull the estate. right, titlr. interrst, humesteaJ, dower and right oC ~wer, separete estate, possession, claim and demand whatscever, as ` d ~ w•a:ll in law as in equiry. of the s:?id mortgagor in and to the iame. and every part thereof, with the appunenances of the saiJ mongagor in LL~ and tu ihr ~au?e. .+nd eti~ery part a~f ~.ar:e! Sheseof u~+.o the saucl mLKtg~gee in f~ee cimple. ~ g And the mortgagor hereby cunvenaots with the mortgagee that he is indefeasibly seized of said land in fee simple: that he has full power and lavrful right to convey the same in fee simple as aforesaid; that il shaQ be lawful for the mongagee, at all times peaceably and ^ v quieUy to enter upon, huld, occupy, and enjoy saiJ IanJ, anJ every part thereof; that the larxi is anJ N~il1 remain free from all encumbrances; that said rrxxtgagur will make such funher a~.surances to prove the fee simple tide to said latxi in said m~xtgagee as may be ~ reawnabiy requiretii. anJ that said martgago~ dorc hereby iully warrant the liUe to said land, and every pari thereof, anJ will defenJ the same against the lawful claims of all percons whomxiever. o__,~_~j2nVIDF.D ALWAYS, and these prexnts are eaecuted and delivered upon the followingconditions. to wit_ " The mortgagor agrees to pay the mortgagee, or order, the principal sum of j,ji~~ ~ar$~I~D ~D N0~ 1~~ ~ 4 r Uollars IS 19 ~QQQ.(~~ - 1• as evidenced by a note of even date herewith, with interest from3'araTthe ~ ~ F rate of ~ F a Eight ~ oae-half per centum (8 1~2 Sc ) pcr annum on the unpaid balance W Q Z until paid. The said principal and interest shatl be payable at the office of StpC~t~p ~ j~aCl~j/ ~ DAV~.II d~ COYIpBttjl ~ x~ 100 West Bap Street Jacksoaville, F2orida 32202 ~ D or at such other place as tbe holder of the note may designate in writing, in monthly installments of ~E ~H~D SZ% br 11/100- - - - - - - - - - - ..P~Ilars(S14b.11- - - - - - - - Lcommencingon f the first day of OCtObCr • ~973 . anJ on the first day of each munth thereafter until the principa! ~nJ interest are fully paiJ, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on the first `~~'y °r Navember; 2003 ~ And shall duly, promptly, and fully perform, discharge, execute, etTect, complete, and comply wiih artd abide by each aod every the siipulateons, ageements, conditions, and covenants of said promissory note and of this mortgage, then this mongage and the estate hereby c~eated shall cease and be null and void. AnJ the rnortgagor further covenantx as follows: 1. That he will pay tfie indebtednesa. as hereint+efore provided. Privilege is reserved to pay the debt in whole, or in an amuunt equal to une or more monthly paymenls on the principal that are next Jue on the note, on the first day of any month prior to maturity: /'rnrideJ, huwever. that written notice of an intention to exercise such privitege is given ai least thirty 130) days priot to prepaymeni: anJ. proviJed furtber. that in the cvent the deM is paiJ in full prior to maturity and at that time it is insured under the provision~ of ihe National Hou~ing Act, he will pay to the mortgagee an adju~ted premium charge of ~~ne per centum 1 I 1 of Ihe original principal artwunt thereof. ~~cept that no adjusted premium charRe shall be due or payable ~.here payment io tu:l is made after the due date ot tne 120th sr~hFduledpa cment and in no e~•Fnt ahall the adjusted premium exceed the aRgreqate amount o( premium char~es Nhich would have }H•rn pa}able i( this ~1ort~a~~ ha~ cuntinue•d to be insur~d until maturity, such pa}•ment to be applied bv the mortgaRee upon its obliRation to thP ~c~rctary of Huu.in~ and l rban Dc.clopment on account o( mort~agc B~ pc~~ . ~ M~o . ~ A' . ~ G-'~' ~~g - " I '.o- Y i~~s'~ iA.~" ~ w~~:'n;3 .~`~..^'w.i 4'Y , ~ ~ . . _ ~T{`~i3