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HomeMy WebLinkAbout2547 i ~~~3~'~ sT-zs,so9 STATE QF FLORiDA This form ~s used in connettion FHA FORM NO 2110 m with mortgages insured under the R~vls~d Mo~ch 19~~ 0~1@- t0 tou?-fam~ly provisions of the National Housing Act. MORTGAGE ~ "fHIS UOK7GAG~. Jatcw the First ~aY ~ OCtObeY' ~9 73 , by and txtw~ecn WILLIE RIVERS 811d HATTIE RIVERS ~ his wif e • hcrainafter callctil the mixtgagw, and STOCKTON, WHATLEY, DAVIN b COI~iPANY , a corporation organizeci and exi~~ing unJer thc laws of SCSte of Florida , he~einaftrr called the mwtgagee, WITNESSETH, that for divers go«t and valuable cunsiJerstiuns, anJ alw in consideratiun of the aggregate sum named in the promissory note hercfnafter Qescribai, the said mortgagor does hereby ~rant, bargain, sell, alicn, remise, ~elase, comey, and cunfirm unto the said mortgagee all that rertain piece, parcel, or ~ract of land of whkh the caid mortgagor is now seized and posstssed and io actual possessiort, situate in Ihe counry of SL. Lueie and State of Floridx, dexribed as follovrs: O Lot 244 , SHERATON FLAZA, iJPIIT FOUR, REPLAT ~~yEy ~ g~ M~~~ according to the Plat thereof , as recorded pt~ f,J~ ."i~'C 1MTAN6~ tE+~~~"~ ~r'"IR~Y~ jp pM/IE~ 71-1~t. 1!r` ~ L in Plat Book 16, at page 18 of the Public !Y~ Records of St. Lucie County, Floric~a. Together with the following items of property which are located in and permanently installed as a part of the improvements thereon on said land: - RANGE: ORBON, MODEL G-30, SERIAL NUPtBER 3027 RANGE HOOD: 1`QAMI CAREY, MODEL 3730 SPACE HEATER: DEARBORN, MODEL DVF-65 - The express enumberation of the foregoing items shall not be deemed to limit or restrict the applicability of any other language describing in general terns other property intended to be covered hereby. i > STATE DOCUP~Iv~TARY STAMPS AFFIXEb TO THE ORIG2*IAL NO'~'E AND CANCELLED. Together u ith all ~tructureti and ~mpruvement. ni~H aod hereafter an ~aid tand, and fixtures attacheef ~hereto, anJ all rent>. itsuec. ; ~ procec~is. and profils accruing anJ to accrue frum ~aeJ pr~mite., all of .+hich are includeJ within the foreguing description and the E hat+enJum thereuf: ahu all gac. ,tram. electric. w;,ter, anJ othrr hr.~ting. axii,ing_ refrigerating. li~,hting, plumhing. ~•rntilating. irrigating. i :tnJ {wwer ~ytitems, machineti. applianc~y. ti~turc+_ and appurtrnance.. ~hich nuw are or may hereaRer penain tu, ur he uted with. in, or k j un said premiKS. e~•en thuugh they~ he detachctif or dctarhaMr. ~ f0 N:~VF A\D TO HOlD the camc. togrthrr ~ith all and.ingular thr tenements. hereditament~ and appurtrnances thereunta j bel~~n in or in amwix a~rtaimn and the rr~crciun and reveniunti. rcmaindcr or remainJers. rent,. i~~i~e+. anJ rohtc thereof. and -j ` 8 F PP ' F• ' ~ . ~Iw al! the estate. right. titl~. interr~t. humc~tead. Juwer and right uf Juwer. +rparate estate. ~n.c~tiion. clc~im and Jemand Hhalcoever. as ~ d .+cll in la~ ati in equi~y. of the tiaid m~.rtgagur in anJ i~~ the,ame. artd c~rrp pari lhereof, aith the appurtenancc~ of the.aid rtx~rigaRor in i ° and tu thr s:+me. :~nJ ever~ part anJ par~el thereuf umi~ Ihe tiaid mortgagee in fee tiiinple. E .anJ the rtx~rtgagar hrrthy re~ntienanh with Ihe mortgag~r th:~t hr i. inJcfearihl} ~eitrd uf ~aiJ land in fee ~imple: th:~t he h~~ full 1 powu and lav?iul right to coavey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and ( - yuietly tu enter up~m. huld, occup>'. and enj~~~ ~aid (and. anJ e~rry part thereof: thal the larxi i+ :+rxl ~.ill rem:~in free from all ~ncumhrance~: that +aiJ rtn~rtg:icur ~ill maAr ~urh furthtr a.~ur;~nce~ tii pro~•r the fee tiimple tit{r to ~aid larnl in said mortg:igee as may be ; = V rea.~~nabh reyuireJ. anJ th:+t tiaiJ rrx~rteag~~r Juc~ herch~ tuil~ Harr:mt thr tiUe tu caid land. anJ every p:irt thrrei~L anJ u ill Jrfend the ~ , ~:ime :~gaimt the laHful claim~ uf :JI pcr.um whumurever. ~ ; z PROV IDFD :~L«':~1'S. anJ thc.r pre~ent~ are executeci ~nJ deliveretl u~~n the follow•ing conJitiuns, to ~ it: ~ Q M - The mortgagor agrees to pay the mortgagee, or order. the principal sum ~~f~jjj~T~~F.N TEi01ISAND & NI?~TE HIJIJDRED & N0~ lOO- - ~ ~ [)ullan IS ~9 ~90~.Q~- - - - - - - - - - .n e`"'drncrJ bY a note of even da[e hereuith. with interest from date at the ` ~~i~ ~f Eight & Ol1C-half {+cr centum 1 $ 1~2 ? per annum on the unpaid balance t ~ un~il peid. The ~aid principa{ :ind intrr~~t ,h:tll hr pa~eM~ at thr ~~ftice of Stoekton, ~iStl.@}I , Davin Fi COIDp1ri}? ~ 100 West Bay Street, Jacksonville, Florida - ur at wch other place a~ the heildrr ~~f the natr ma~ dr,ign.+tr m:+riting. in monthiy imtallment~ of ~~`:I'. HiT;~iDRED AND FIFTY-THREE A:`:D 03/ 100- th~~~~rs i 5 153. 03- commencing on the fint day of Navmeber -~y73 ~~n thc first d:ry uf rach rrxmth thereafter until the principal anJ intere~t are fuilq paiJ. except that !hr !in.al p.~} mrnl ~~f prn~:; ~p:~l anJ mterrwt. if not x~uner paiJ. ~hall he due :~nd payahle on the firct ' ~ta> °r October ; ~2003 ~y f i And shall duly, prompUy, and tully pertu~..~, di~charge. execute. effect, complete, and comply Kith arxl abide by each and every Ihe stipulations, ageements, conditions. anci covenantti uf tia~J prom~~wry note and af this mwtgage, then this mong~ge and Ihe estate hereby created shati cease and be rtull and void. ; ~~nJ thr rn~xtgagor funhcr c~nrnanh a~ ~ull~~«~. 1. 1-hat he will pay the inJrbtedne~~. a. hrr~inhrtiirr pn~~idrJ. F'rn ilrge rrxrsrJ tu p:~y thr JeM ~n whulr, nr in an amuunt equal tu .,ne ur rtu~re rrx~mhtp paymrnt. un thr pnncip.~l that .~r~ nr~~ Ju~ „n thr n~nr. un thr fir.t d.~y uf :~ny month pri~,r to maiurily: !'~n~ rdrd. h~~wevrr.. that written nuuce of an ~ntrntiun t~, ~~erc~r~ ,uch ~n~degr i. g~vrn at Iea,t thirty ~ 30? da>, pnur to prrpay m~nt: anJ. pru~ iJ~d further. that in Ihe e~ent the Jcht p.ud m full pnur tu mawnt~ :~nd :~t th:~t time it i. +n~ured under thc pru.i,inm uf the Vational # Huu~ing :ict_ he Kilt pay tv th~ m~nteagrr an a.liu>trJ prrmium .h,r,r .~f une prr cr~tum 1 I`% 1 of the original principal arnuunt thereuf_ i ~~t~ ept that no ad~u~ted ptr~miwn ch.ir~i~ .hall he• du~• ~r ~~a~eble• ~~h~re~ paemi•nt ~n tu:l ~ti tna~te a(le1 th~• dUt• datt~ ot the j'_'Oth : h~•dulcd~ ~mrntand in no ~v~nt .h.~ll th~• .~~'syu<te•i E•r~~;~~ium <•~~d eh~~ .~c~r•~~ae~ artiount of pre•mium ~ h.~r€~•s t.hi~-h ~eould h.i~c ~ br~•n pa~'abl~• i( thi. ~lurtga~~' h.ed ~~~t~!inn~~,l t~~ b~~ in- ir~~~i until ;uaturitc. su~ h E~.~cm.~nt to h~ epplir~! fic lhr mort~ae~•~ upun it~ ~~hlieati~~n tu th~ n•~ar~ n( H,,u~in~ .ind I rl~.in Ih 1:~~:tr~~•nt ~~n :i~ ~~~unt ;~f mu:t,a~~~ in~nr.in~ ~ ~~zi~ ~~~54s