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HomeMy WebLinkAbout1311 w ~ ,~6'755~ • STATE OF FlOR10A 26~~39 . This form is used in connection FHA FORM NO 2110 m with mortgages insured unde~ the Revfsed Morch 1972 OnC- t0 fOU~-}8rtlily pfOViSiOnS 01 the National Housing Act. MORTGAGE 'fHIS AtORTGAGE, dated thr 16L " ~3Y September U• 19 73 , by and brtween JOHN ELLIS eud IDA QUEBN ELI,IS~ h18 vife . hrrrinafter called the mortgagor, and STOG[C1~ON, 1,~ATI.HY, 11AVIN b 00?lPANY , a corporalion organizeJ and existing under the law~s of ~e StBte of Florida , hereinafter called the mwtgagee, ' WITNESSETH, Ihat for divers gcxx! and valuable considerations, anJ also in consideration of the a~ :gstt sum nanxd in the . promiswry note hereinafter described, the said nwrtgagor does hereby gant, bargain, sell, alien, remise, relau, convey, and cunfirm unto ihe said mortgagee all ~hat certain piece, parcel, ix tract uf land of which the said mortgagor is now seizrd and possessed and in actual possessian, situate in tho counry of St. Lueie anJ State of Flwida, describctil ~s follows: Rerecord to correct termination date of Mortgage. Lot 299, Sheraton Plaza, Unit Four, Replat, ~ according ta the Plat thereof , as recorded in ~ 4~r Plat Book 16, page 18 of the Public Records. of ~Mdrr~ St. Lucie Couaty, Florida. TO pYq~, c~i,,, Together vith the follavin items of r '~'~s 8 P oPe~Y Which are ~ Rts located in and perusnently inetalled as a part of the ~ 8r ~Nc~E improveweats thereon on said land: ~yf~ RAN(~: ORBON, MODSL G-30, SERIAL NUt~SR 4269 BANGE HOOD: PIIAHI CAREY, MODSL 3730 - SPACB HEATBR: DEARBORN~ MODEL DVF--bS The expreas entm~beratioa of ttie foregoing items shall not be deemed to limit or restrict the applicability of aay other laaguage describing in general terws other property iatended to be co~vered herebq. STATE DOCQl~NTARy STAI~S AFFIRED TO THE ORIGINAL NOTE AND ~ANCELL~. 1'ogether with ~II ~tructu~e~ arxf ~mpro~~ement. now anJ hereafter un wid lancl, anci fixture+ at~acheJ t erew, an a 1 rents, icsue~. pn~cec~is. and pre~hts accruing and to accrue frum ,aid premi~es. all of which are incluJed within the fi~regoing description and the haE+enJum thereof: alw :~II gac, steam, elctitnc. w aler, and uiher hraung. c~>king. refrigerating. lighting, plumbing, ventilating, irrigating. and EwNer tiystem~, machinec, appl~ance,. fi~tur~~. ~nd apQurtenane:r.. uhich nuw are or ma~ hereafter penain 1s~_ or t~e used with, in, ar un s:~id remi~+. even thou h the br drta~h~~1 ur detachable. > R B ) ~ f0 HAVF A\p f0 HOI:D the ,:imr. tug~ther with all and tiingular the tenements, hereditamcnts and ~ppurtenances thereumu belonging ur m an~ w ise apperta~ning. anJ the «veniun ;~nd rever~eun,. remaenJer or remainders. rents. i~,ues, and profits thertof, and alx? all the e+tate, right. titlr. interest, homc~teaJ. dower and right uf JuHer, ~rparste estate, po~sestiion, claim arxi Jemand whatuwever, as Q well in laH as in equily. of the ti:?iJ murtgagor in anJ tu the ~ame. and e~~ery part thereoL with the appurtenances uf the ~aid nxxtgagor in C and to the s:?me. anJ rvery part and p:?reel thrrrof untu the saed mur~gagee in fee simple. ~ g ~\nd ihe rtwrtgagur hereh} cunvenantt with the murtgagec that he i~ indefeatiihly seizeJ oC ~aiJ land in fre simple: that he hati full power and lawful right to convey the same in fee simple as aforesaid; t6at it shall be tawlol for the mortgagee, at alt times peaceably and m yuicdy tu enter upon, huld. ~x,cupp, anJ enjuy .aid IanJ. anJ evrr} part thereof: that the IanJ ic anJ Nill remain free from all i.- s en~umbranceti: that ~aid rrx~rtgagor Kill mai,e such further a"urance~ to pru~e the fee .~mple tide to ~id larxi in ~aid murtgagee a~ m:?}• he r~awnably requireJ, and that ,aid mortgagor doe. hereh~~ fully warrant the trtfe to taid land, and evrry~ part there~.G anJ aill defrnd the r~~ +:~mr a.aimt thr IsWful claimr uf .JI y ~rwn+ ~ h~~mcc~rver. YRO~'IDED ALW'AI~S, and these presrnts are execut~Yl and deliverecl u~wn the folbw•ing conditions, to wit: The mortgagor agees to pay the mongagee, or order, the principal sum of ~,~j~~~ ~~JSAND AND NO/ 1~0- vollarti iS ig,ppp~(~~ 3, ecidenced by a note of even date herew•ith, with interest from3ate aTlh`e ratr of Eight ~ one-half per centum 1~ 1~2 "'c ) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of $tpC~t~ ~{i]}18C1~1 ~ Davin & C0~8Ay _ 100 iiest Bay Street Jacksonville, Florida 32202 ~ f~ ~ ur at ~uch other place as thr holder uf thr rtute may des~gnate i~ u~rhing, in mvnthly installments of p~,~E IItTNDRED ~ FORTY 0 ~ < SI% 6 11/100- - - - - - - - - - - _Dollars ~SZ46.11- - - - - ~ - - - Lcommencing on ~ thr firsl Jay uf OCCO~I . 19~3 . and on the first Jay of each rrx~nth thereafter until the principal ~nJ ~nterect are ful{y paiJ, except that the final payment of principal and interest, if not woner paid, shall tx due and payable on ~he first a~>~ °r 2003 ,q ~L • ~pp~~ . .4nd shall duly. prompt~~. .~nd tuTi ep~rform. Jisc arge' execute. cffec c mple e, and comply w~ith and abide by each and every the stipulations, agrtements, conditions, and covenants of said promizsory e and of this mortgage, then this mortgage and ihe estate hereby created shall cease and be null and void. \nJ the rtx~rtgagor further covenantt as fnll~~w+: t. Tbat he wilt pay the mdrbte~lneti., a~ hrreinbefi~re pruvidctl. Pr+vikge i. r~sen•ed to pay Ihe Jehi in whule. or in an am~~unt eyual tu une ur rrN~re memlhly payment+ on the principal that are next dur on thc n~~te. ~m Ihe Pint day of .in~• munth prior to maturi~~ ./'rnrrd.•d. h~~N~ver. Ihat written nuticr ~~f an intentiun tu e~ercice wch priv~lege given at ieast thirty 1301 days pri~x to prepayment; :~nJ. pro~iJeJ fi~rther, that in the rv~nt tha Jeht ic p,~iel in full prior to maturity and ai that time i1 is insureJ under thr provitiiom of thc Natiunal H~~u~ing Act, he N~II pay t~~ thr murtg.~g~e :~n :id~u.trd premium charge uf one per cenwm 11'~ 1 uf the original principal .~nxwnt thereof. et~ f•pt that nu adjusted prrmium ~harRe .hall Le due or pa~able ~.he rP Nacment ~n lu;l ~s madr after tAe duo date ot tne j'LOth h~~{ulyd{~a~mentand in oo r•~~ntshali th~ adju~tedpremium eicr~,!lhe~ a~~rr~atr amouns o( pr~~mium chatRes which ~ould hav~ b<•i-n pa~'abl~• if thi: ~Iort~aR~• h.~~l c~~ntinu~•d to br inwr~~d untii maturitc, ~u~h pa~m~•nt to bc applicd bv the mortRa~e~c upon it~ „i,lieation to the ~e~~retarc of Hou.in~ and f rban Ilr~~lopm~•nt on a~ ~ uunt of mort~a¢c s~ e ~ ~.1 ~ ~ ~ c , BooK P~1(Cf 1$~ : 220 j ~.~0~