HomeMy WebLinkAbout1637 . ST-25,882 .
' / SMD /167617
STATE OF FLORIDA 26~?yC~
V This t0?m is used in connettion
FNA FORM NO 2110 m with rtwrtgages insured unde~ the
a•vl:•d AAarcA 1972 One- to fOUr-family provisi0ns ot
the National Housing Act.
MORTGAGE
THIS MORTGAGE, datcd the Fi=St d''y °f OCtOb6I • A. D. 19 73 , by and
between SOBBY D. HUDSON and BAR$ARA A. HUDSON ~ h1s t~tife •
hereinafter called the mortgagor, and
STOCRTON, NAATLEY, DAVIN & COI~ANY ~
, a corporation organized and existing under tha laws of$t8t8 of Florida
. hereinafie~ called the mortgagee,
WITNESSETH, that for divers good and valuable cortsiderations, and also in considcration of the aggregate sum named in the
promissory note heceinafler dcscribed. the said mortgago~ doa hereby grant, ba~gain, sell, alien, remise. relase. convey, and co~firm unto
the said mortgagee all that cenain piece, pareel, or tract of Iand of which the said mortgagor is now seized and possessed and in actual
possession, situate in the county of $t. Lueie
aad State of Florida, described ac fo!lows:
Lot 298, SHERATON PLAZA, UP1IT FOUR, REPLAT
according to the Plat thereof, as recorded ~
in Plat Book 16 , at page 18 of the Pub lic
Records of St. Lucie Camty, Florida.
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Together irith the follawing items of property ~qy__~~y G
which are located in and permanently installed as a part of the `~~~i i,y
impravements thereon on said laad : ~~~~y~
~.''~y,y
RANGE : ORBON, MUDEL l^r30 SERIAL NiR~IBER ~'4
RANGE HOOD : t~QAMI CARSY ,~MpDEL 3730 3029 l~E~~'
a~'~b,~l~
SPACE AEATER ; DEARBORN , MUDEL DVF-65 >'~r-
~t/~
The eapreas en~beration of the foregoing items shall not be deemed "
to limit or restrict the applicability of aay other laaguage describing
~n general terms other propertq intended to be cavered hereby.
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t STATE DOCUI~N'PARY 5TA1~5 AFFIXED TO THE ORIGINAL N4TE AND CANCELLED.
F, ~ Together with all structures and improvements now~ ami hereafter on said land, and fixtures attached thereto, and at! re~ts, issues.
j proceeds, and profits accruing and to accrue from said premises, alt of w•hich are inclucied within the foregoing Jescription and the
" ~ habendum thereof; also all gas, steam, electric. Mater, and other heating, cooking, refrigerating. lighting, plumbing, ventilating, irrigating,
r l and power systems. machines. appliancts, fixtures. and appurtenances, which now are or may hereafter pertnin to, or be uxJ w~ith, in, or
~ on said premius, even though they be detache:i or detachable.
TO HAVE .AIVD TO HOI.D tht same, together witA all and singular ihe tenements, hereditaments and appurtenances thereunto
; ~ belonging or en anywise appertaining, and the reversion and reversions, remainder or remainders, rents, issues, and profits thereof, and
also all the estate, right, title. interest, homesteaJ, dow~er and right of dower, separate estate, possession, claim and demanJ whatsce~•er, as
~ well in law~ as in eqt~ity, of the said morlgagur in artd to the same. and every• part Ihereof, with the appurtenances of the said murtgagor in
- ` and to the same. and every pan and parcel thereof unto ihe said mortgagee in fee simple.
" :'1nd the mortgagor hereb~~ convenants w•ith the mortgagee that he is indefeasibly seized of said land in fer simplc; that he has full
power and lavvfut right to convey the same in fet simple as aforesa~d; that it shall be lawful for the mortgagee, at all times peaceably and
quielly ro enter upon, hold. uccupy. and enjoy said land. anci every part thereof; Ihat the land ic arxl will remain free from all
` ~ encumbrances: that ~aid mortgagor will make such further assurances to prove the fee simple tiUe to said IanJ in said mortgagee as may he
Q~ reawnably reyuireJ, and that said mortgagor does her~by fully warrant the title to said land, and e~•ery part thercuf. and Kill defend the
wme against the lawful claims of all personc whomsoever.
' r t9 •
PROYIDED ALWAYS. and Ihese presents are eaecutecl and delivered upon the following condition~, ro wit:
N The mortgagor agrees to pay the mortgagee, or order, the principal sum of EIGHTEEN THOUSAND b~ SIX AONDRED b NO/ ZQO- -
Dollars IS 1$ ~(~~0.(~- as evidenced by a note of even date herew~ith, with interest from date at the
~ rate uf Eight 6 One-haI£ per centum 1 $ j~2 "i ) per annum on the unpaid balance
until paid. The said principai and interest shalt be Payable at the office of StOCICtOII ~ WhatZey, D8V~A and Company
100 West Bay Street, Jacksonville, Florida
or a~ such other place as the hoWer of the note may designate in w•riting, in monthly installments of ONE HiJNDRED &
FOR1R-THREE AND 03/100- - - - - - - - - - - Dollars ~S 143.03- - - - - - - - commencing on
the first day of Deeember, . ~9 73, and on the first day of each rtwnth thereafter until Ihe principal
and inierest are fully paid, except that the final payment of priruipal and interest, if not sooner paid, si?ail t~c Jue and payable on the firsi
~s~ °f November ; 2003
And shall duly, promptly, and fully perform. discharge, eaecute, efTect, complete, and comply with and abide by each and every
the siipelations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate
hereby created shall cease and be null and void.
And the mortgagor furthe~ covenants as foltows:
rhat he wil) pay Ihe indebtedness, as hereini±rfore provided. Privilege ~s reservetil to pay the debt ~n µhole. or m an amount equal
to une or mure rn~mthly paymentt on the principal that are next due on the note. on the first day of any month prior to maturiry: /~ro?•ider/.
h~~we~•er, that v~ritten notice of an intention to exercise such privilege is given at Ieas1 Ihirty (30) Jays priw tv prrpayment: anJ. provided
iurther. that in Ihe e~~ent the debt is paid in full prior to maturity anJ at ihat time it is insured under the provi~ianc of the National
Hou+ing AcL he will pay to the mortgagee an ad;usteJ premium charge uf une per centum 1 I: 1 of the original principai amctiunt thereof.
e~cept that no adjus~ed premium charge shal! be Joe or pa~ablF ti.here pa}mcnt in tu:l ~s made a(ter the du~ dat~ ot thF j~Oth
hPdulcd payment and in no e~~ent ~hall the adjusted premium exreed the a~~reRate amount o( pri~mium charRes ~hich Nould have
h~~n pa~~ablr if thi~ )lort~a~e had continved to be inwred until maturit}~, such payment to be appli d by the mort~agee upon its
obli~ation to tt~e Secretan af Nou~inR and I~rban Dc~tielopment nn ac rount o( mortRaRe :n~uranc~e.
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