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HomeMy WebLinkAbout2557 • ST-25,881 ~ ~ ~ej j~~~ SWD ~167603 FHA-094-073218-221 STATE OF FLORtOA This fOrm is used in tonnettion FHA FORM NO 2/10 m with mo~tgages insu?ed under the R~vls~d AAore6 1472 one- to four-family provisions of the National Housing Act. MORTGAGE THIS MORTGAGE, dated the lst day of OCtObeY , A. D. 19 73 , by and betwcen JOHN LOCKETT and ELLA MAE LOCKETT, his wife ' h~reinaftcr called the mortgagor, and STOCKTON, WHATLEY, DAVIN & COMPANY - . a corporation arganiud and existing under the laws of State of Florida , hertinatter called the mortgagce, WITNFSSETH, that for divers good and valuable cot?sideratians, and also in consideration ot the aggregate sum named in the promissory note hereinafter described, the said mortgagor does hereby grant, bargain, xll, alien, remise, relase, convey, and cunfirm unto the said mortgagee all that certain piece, parcel, or tract of land of which the said mortgagor is now seized and possesscd and in actual posussion, siluate in the county oC SC . Lucie and Statc of F(wida, describeci as foNows: Lot 249, SHERATON PLAZA, UNIT FOUR, REPLAT according to the Plat thereof, as recorded in Plat Book 16 , at page 18 of the Pub li c Records of St. tucie County, Florida. Together with the follo~wing items o£ property which are located in and permanently installed as a part of the improvements thereon on said land: RANGE: ORBON, MODEL G-30, SERIAL NUI~ffiER 3785 RANGE HOOD: MIAMI 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 terms other property intended to be covered hereby. 3]• ~O IN MYND1f Of UIXES pW~IAlIT TO t~YW'~F~~ 19~~' ~OpF~ !0(fR~! p,l7tl~ C111CY1t C011Ri ST. llIC1E STATE AOCUMENTARY STAMFS AFFIXED Z'O THE ORiGINAL NOTE AND CANCEL~LF~ Tu~tether with all structures arxl improvements now and hereafler on tiaiJ land, and fixtures attached thereto. an a rents. issues, proce~ls, and profits accruing arxl to accrue from said premises, all of which are included within the foregoing descriplion and the habenJum thereof: alco all gas. steam, electric. water, and uther heating. ccwAing, refrigerating, lighting, plumbing, ventilating, irrigating. and pow~er syctems. machirtes, applianees, fixtures_ and appurten~nces. which now are or may hereafter pertain to, or be used vrith, in, or un saici premises. even though they be detachc~i or detachable. f TO HAVF AT~D TO HOL_D the same, toFether with alt and tiingular the tenements, hereditamcnts and appurtenanees thereunto _ ; : brionging or in anywice appertaining. and Ihe revers~un and reversions, remainder cx remainders, rents, issues, anJ profits thereuf, and alw all the estate. righ4 title, interest, homestead. dower and rigM of dow•er, xparate estate, p~~ssesiion, claim ~rx1 dematxi whatsue~•er, as y well in law as in equity, of the wid mortgagor in arni to the same, and every parl thereof, wifh Ihe appurtenances of the saiJ rtwrtgagor in ' ' Q and to the same, arx! every part arxi parcel thereof unto the saiJ murtgagee in Eee simple. ' 1 4`-' And ihe mortgagor hereby con~enants with the mortg:~gee that he is indcfeasibly ~eizeJ af said I~nd in fee simple; that he has full LL s wer and lawfuf ri ht to conve the same in fee sim e as afvresaid: lhat it shall be law~ful tor the mort a ee, at all times peaceabl and 's g~ s r ~ s s r ' quietly to enter upon, ho1J. occup~•, and enjoy said IanJ. arxl every part thereof; that the IanJ ic anJ will remain free from all ~ erxumbrances: that said rtx~rtgagor w ill make such further a.surances to pruvr ~he fee simpte title to said land in wid m~xtgagee as may he t ~ ~ u reawnablp required. •rnJ that ti:+id mortgagor dueti herrby fully ~arran! the title tc> >aiJ land. :~nd every part thereof, and will defend the came agaentit the lawful claimti of all persom whomwe~•er. } _ i - rJ PROV IDED ALWAYS, and these presents are executed and delivererl upon the following conJitions, to wit: s J v The mortgagor agrees to pay the mongagee, or order, the principal sum of EIGHTEEN TE[OUSAND SIX HUNDRED AND NO/100-- ~ " Dc~llars IS '18 ~ 6~U. U~ as evidenced by a note of even date herewith, weth interest from date at the ` rate of Eight and oIIe-half per centum t $3~ 4~ ) per annum on the unpaid balance until paid. The said principal and interest shatl be payable at the office of S~Q~~N~ W~~TI,EY ~ DAVIN & CSOMPANY = 100 West Bay Street JacksonviZle, Florida 32202 ~ i~ x ur a[ such other place as the hoWer of the note may designate in writing, in rrx~nthly installments of p~ HUNDRED FORTY-TEIREE ~ r n° AND 03~100---------------------------------~ollan IS 143.03 l. commencing on : 3 z Q N the first day of NOVeIDbeY . 19 73 . and on thr first day of each month thereafter unti( the principal and interest are fully paiJ, except that the final payment of princ~pal and interest, if not sooner paid, shaU be due ancf payable an the first a3>• ~f October, 2003 " • And shall duly, promptly, and fully perform, discharge, execute, effeci, complete, and comply with and abide by each and every the stipulations, agreemenis, conditions, and covenants of said promisso~y note and of this mortgage, then this mortgage and the estate ' hereby created shall cease and be null and void. ; :~nJ thc rtwrtgagor further covenanl~ as follows: 1. fhat he will pay the inJehtedness. ac hereinbefore pruviJed. Privilege ic reser~ed to pay the Jebt i~ wholc. or ~n an amount equat tu une ur nwre rrxmthly paymcnts on ihe principal that are next Jue on Ihe note, on 1he first day of any month prior to mawrity: /ru~~idrd. ; huwever, that N ritten nulice uf an intention to eiercise +uch privilege i. gi~•en at Ir:~~! Ihirty 1301 d:iy, pri~r !a prepayment: anJ, provideJ further, that in the event thc debt i, paiJ in full prior to maturity and at that time it ic insured unJer the provi.ion~ of the hational Hou+ing Act, he N i11 p:+y t~~ the mortg:~gcr :m adju~ted premium charge of une E+rr centum 1 I 1 of the ixigina( principal arr~unt thereof, ' ' ~r~~ept that no adjust~-d pre•miwn charRe ~hali bc• du~ or pa~:~bl~ »he~re• payment in lu:l i~ mad~ af~cr ti~e 4u~• ~iate• oi tn~ I20th ~ ~ h~duli•dpa cment and in no ~~•rnt .hall the adju.ted premium e~ceed ~h~~ aR~re~ate amount of premium char~tes Ntiich ould ha~'e ~ ' b~•~~n pa}•abl~ it this \1ortRaRc ha~i ~ontinue•d lo be in.ure•d until mehirit~, suc6 paym~nt to be applied b~• the mort~ta~cr upon its ~ k „bligation to thF retar~ of fl~~u~inR and frhan 1)ec.~loprr~ent on i•ount o( murtgu~e in~uran~-e~. ' $o~c 2~. 9 ~~c: 25 ~ ~ _ _ . - ~ ~ ~ ~,Y .