HomeMy WebLinkAbout2178 2.66051 ' ' ~ • ' : : ~
STATE OF fLOR10A 2s3634 .
This form is used in ton~ectio~
FHA FORM NO 2110 m . with mortgages insured under the
R•vls.d ?~o~ch 19~2 one- to four•family provisions ot
the National Nousing Act. ~
M4RTGAGE o94-0~3214-z21
THlS 11fORTGAGE, dated the ist ~ay °f September ' A. D. 19 73 , by and
between ~Ry G, gp,NDgR aAd AI.FREDIA B$NDER~ h3s ~3fe •
hereinafter called the mortgagor, and
STOQCTON, WHATLgY, DAVIN bc OOt~ANY
. a corporation organizal and existing under thr laws of~e StBLe of Floridi
, hereinafter ealtod ~he mortgagee.
WiTNESSETH, that for diven good and valuable considerations. and also in consideration of thc aggregate sum namcd in the
promissory note hereinafter describod, tht said rtwrtgagor does hereby grant, bargain, sell, alien, remise, relase, convey, anJ confirm unto
Ihe said mortgagee all that certain piece, parcel, or tract of laacl of which the said mortgagor is now uizrd and posxested and in actual
possession, situate in the county of St. Lueie
and State of FloriJa, described as Collows:
Lot 245, Sheraton Plaza, Unit Four, Replat,
according to the Plat thereof, as recorded in A1~
Plat Book I6, page 18 of the Public Recorda of r. ;.1 d
St. Lucie County, Florida. ~ ~ ch~,,'.~~
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Together with the follo~ring itess of praperty vhich are Q~ ~~.~s~ ; A~~~
located in and persaaeatly ipstalled as a part of the ~
inpravements therean oa said land:
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RANGE: ORBON, ?~DEL G-30, SSRIAi. NUl~ER 3780 ~
RANGB g00D IKIAI~II CAREY , KODSL 37 30
SPACS HBATBR: DEARBORN, I~DEL DPF-65 ~
~
- The express eavmberation of the foregoing ite~ shall not be deemed
to limit or restrict the applicability of aaq other language descxibing
in genera3 terms other property intended to be covered hereby.
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g STATE DOCt1I~NTARY STA?~S AFPI%ED Tp T~ ORIGINAI. NOTE AND CANCELLED.
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L~ Together w~iih aI( structures anJ improvement~ ncrK~ and hereafler on wed land. and fixtures attached thercto. and all rents, issues. ~
~J ~ W proceeds, and profits accruing and to accrue from said premises_ all of which are included within the foregoing description and the
~ G. x haE+endum Ihereof: also all gas, steam. electric, water, and other heating. c~king, refrigerating, lighting, plumbing, ventitating, irrig~ting. •
~ W a?xi pow~er systems, machines. appliances, fixturrs. and appurtenartces. which now are or may hereafler penain to. or t+e uced with, in, or
c U a on said premises, even though lhey t+e detached or detachable.
i n.LL, z TO HAVE AND TO HOI.D the same, tugether with all and singular the tenements, hereditaments anJ appurtrnances thereunto
t+elonging or in anywise appertaining, and the reversion and revenions. remaind~r or remainders, rents, istiues, anJ profits ihereof. anJ
~ alw all the estatr. right, tide. interest, homeste:xi. Jow•er and richt of ~k~Ner. separate estate, pcxise~sion, claim and demanJ whatsoe~•er, as
; = ~ well in law as in equity. of the taid mortgagor in arn1 to the same'anJ every part thereof, with the appurtrnancrc of the +aid mortgagor in
L~ F and to the same, and every part and parcel thereof unto the said mcN~gagee in fee simple.
i r,.. .and the mortsagor hereb~~ convenants with th~ murtgagee that he i~ inJefcasibl~ seizeJ uf saiJ IanJ in fee ,imple; that he has full
Z power and lawful right to convey the same in fee simple as aforesaid; that it shalt be tawful for the mortgagee, at all times peaceably and
; f Q;+ yuieUy to enter upon. hold. occupy. and enjoy saiJ land. and every part thereof: that the fanJ is ancl wiU remain free from all
= r- encumbrances: that said rtx~rtgagor w~ill male such further asturances to prove the fee simple tiUe to,aiJ IanJ in ,aid morigagee as may be
~ o reasunably reyuirc~l, and that said rrwrtgagor d~ hereby fully warrant the utle tu said land, and every pari Ihereof. cind will Jrfend the
s:~me against the tawful claims of ~II persons whomwever.
f n PROVlDED ALWAYS. and these presents are eaecuted and deliverecl upon the following corxiitions, to wit:
r The mortgagor agrees to pay the mortgagee, or order, the principal sum of EIGHTBEN THOUSAND AND SIR HUNDBED Al]D NO/ 1~
Dollars ~S 18 ~Ej~.00.. 1. ac evidenced by a note of even date herewith, with interest from date at the
rate of E~ t bc O[ie-HSlf r centum ( 8 on ai
Sh ~ Stoc~toc~, R~6~~, ~'~£anq
un?il paid. The said principal and interest shall be payabte at the office of
~
100 West Bay Street Jacksanville, Florida 32202
or at wch other place as the holder of the note may de~ignate in writing. in monthly in~tallments of .
' ONE HUNDRED S FORTY THREE b 03/100- - Dollars (S 143.03- commencing on
; the first day of Oetober ~ !9
/3 . and on the first day of each rrK~nth thereafter until Ihe principal
and interest are fully paid, except that the final payment of principal aqj~ te if not woner paid, shall be due and payable on the first
a~y ~,t l~~atwtnber : 2003,:~~-~/~ ~ ~
And shall duly, promptly, and fully pertorm. discharge, execute, eftect, comptete, and comply with and abide by each artd every
; the stipulations, agrcements, conditions, and eovenanu of said promissoby note ared ut this mortgage, then this mortgage and the estate
hereby created shall cease and be null and void.
And the mortgagur further covenants a~ follow s: •
1. ihat he Hill pay the indebteclness, as hereinbefore proviJcyl. privilege is reser~ed to pay the debt in whole. or in an amuunt eyual
w one ~x rtwre nxmthly payments on the principal that are ne~t Jue un the nute. on the fir~t Jay of any month prior tu maturity: l'rnridrJ,
_ huwever. that writtrn nutice of an ~ntenUon to exercise such priviirgr i~ given at Icact thirty s i0I days pricx w prepaymen~: :md_ pro~~eded
further, thal in the evrnt the debt is paid in ful! privr to malurity anJ at that time it i~ insurrd undrr the prvvisions uf the National
~ Nousing Act, he will pay to thc murtgagce an aJjutiteJ premium charge of une per centum 1 I': 1 of Ihe ix~ginal principal anwunt Ihereof.
E exchpt that uu aJjusted PrPmiurn charge tihall be du~ or pa~abl~ where pa)'mrnt ~n 1u:1 ~s made• a:ter tA~ du~ ~iate• ot tnf~ 120th
scheduledpa ~~ment and in oo Fv~nt .haN the a~fjusted premium etceed the a~tRre~ate amount o( premium charRe~ Nhich ~.ould have
b~en pa~~ablc if this ~1ort~tage had continu~d to bc intiured unti) maturity, such pa}~mcnt to bf• applicd b~• thc mort~aR~e upon it~
ubligation to the ~ecr~tan• o( Nuu~inR and l~rban (1evelopment on ai~count o( mortRa¢e in~urance~.
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