HomeMy WebLinkAbout1652 ST-25,880
26.7?~s SWD 1~167597
STATE OF FLORIDA
This fam is used in tonneCtio~
FHA FORM NO Z110 m with mortgages insured under the
Rwls~d Moech 1972 O~1C- to tour-family provisions of
the National Housing Act.
~ MORTGAGE
THIS ~10RTGAGE, datcd the First day of OCtOb@r 19 73 , by and
between pI,$~(pNDER I~'~YE s~ld NEVA I~OYE ~ his vife .
hereinafter called the mortgagor, aod
STOCKTQN, WHATI.EY, DAVIN & COI~ANY
, a corporation organizcd and existing under the laws of S t8te of Florida
. hereinafter called the mortgagee,
WITNESSETH, that for divers good and valuable considerations. and also ia considcration of the aggregate sum nanxd in the
promissory note hereinafter describod, the said mortgagor does hereby grant, bargain, sell, alien, remix. relase, convey, and confirm unto
the said mortgagce all that certain piece, parcel, or tract of land of which the said mortgagor is now seized and possessed and in actual
possession, situate in the county of St. Lueie
a~xi Stare of Ftorida, desc~ibed as follows:
HECElVED ~~~,C.- ~'f ~ P~irldERfi .!f t:,~j
Lot 243, SRERATON PLAZA, UNIT FOi1R, REPLAT
accordin to the Plat thereof as recorded ~ ON ~U1S$'C' INTANGIBLE PERSOyAI P?pPERI~
g ' P11RS1iA~t iQ C1iAPTFA 71-131. AC1S OF lyn.
in Plat Book 16, at page 18 of th~ Public r ppg~ <
Records of St. Lucie County, FloridE, OF~ ~Q ~t~
Together With the follaWing items of property
Which are located in and permanently installed as a part of the
impravements thereon on said land:
RANGE: ORBON, MODEL G-30, SERIAL NUI~ER 45210
RANGE HOOD: MIAMI CAREY, 1~IODEL 3730
SPACE HEATER: DEARBORN, MODEL DVF-65
The express enumberation of the foregoing 3tems ahall not be deemed
to limit or restrict the applicability of any other laaguage deacribing
in general terms other propertq intended to be cavered hereby.
I
~ STATE DOCUL~TTARY STAMPS AFFIXID TO Tt~ ORIGINAL NOTE AND CANCELLED.
-~ogether with a!! structures and ~mprovements now and hereafter on sa~d land. and fixtures attached thereto, and all rents, issues.
` proceeds, and profits accruing and to accrue from said premises, all of which are inclwled within the foregoing dexription and the
> habendum thereof: also all gas. steam, electric. water. and other heating, c~x~king, refrigernting, lighting, plumbing. ventelating, irrigating,
~ arxi wer s stems, machinrs, a I~dnces, fixtures, and a urtenances, which now are or ma hereafter
~ P~ Y PP " PP y pertain to, or be used with, in. or
on said premises. even though they t+e Jetached or detachable_
yj `.c TO HAVF AtiD TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto
lxlonging ur in an~~wise appertaining, and the reversion anJ reversions. remainder or remainJers, rents, issues, and profits thereof, and
also all the rstate, right, title, interest, homcstead, dower and right of dower, separate estate, possession, claim and JemanJ whatscever, as
i well in IaM ac in equity, of :he said mortgagor inanJ to the same, and every part thereof, with the appunenances uf the said morigagor in
; :~nJ ro the tame, and cvery part and parcel thereof unto the said mwtgagee in fee simple.
And the martgagor hereby convenants aith the mortgagee that he is indefeacibly seized of said land in fee simple; that he has full
" power and lawful right to convey thc aame in fee simple as aforesaid: that it shall bt lawful for the mortgagee, at all times peaceably and
, - yuieUy to enter upon, hold, occupy. :~nd enjoy said land, anci every part thereof: that the land is and ~i11 remain free from all
i ernumbrances; that said rtx~rtgagor will make such further a~surances tu prove the fee simple tiUe to saiJ latxl in ~iJ mortgagee as may t+e
. rea~unahly requireJ. and that said rtwrtgagor does herrby iu!!y warrant the 1itle tr saiJ IanJ. and every part thereof, and w ill defenJ the
` c:~me agairot the lawful daims of sll perwns whomwever.
~ - PROV IDED ALWAYS. and these resents are executed and delivered u
p pan the following conditions, to wit:
7 The mortgagor agces to pay the mortgagee, or order, the principal sum of NI~TEEN THOUSAND AND NINE HUNDRED ~ NO/ 100
- Dollars IS 19~900.QQ~ as evidenced by a note of even date Aerewith, with interest from date at the
f y` rate of Eight and One-Half per centum 1 g j~2 <<1 per annum on the unpaid balance
until paid_ The said principai and interest shall be payable at the office of $ tpC~ctOit ~~18t1E}~ ~ Davin and Company
N 1Q0 West Bay Street, Jacksonville, Florida
; or at such other place as the holder of the note may designate in writing, in manthly installments of ~DRID & FIFTY-TtjRE$
T & 03 100- - - - - - - - - - - - - - - - ~o~~ars~S
- ~ 153 .03- - - - - - - _ commencing on
the first day of D~CeID~eY . 1973 . and on the first day of each month thereafter until the principal
and interest are fully paid. excepl that the final payment of principal and mterest, if not sooner paid, shall be due arxt payable on the first
aay °f November • 2003
And shall duly, promptly, and fully perform. discharge, execute, effect, completo, and comply with and abide by each and every
the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate
hereby crcated shall cease and be null and void. ~
~1nd thr rtwrtgagor further co~~enants as follows:
l. rhat he will pay the inJebtednetti, as hercint~rfore provided. Privilege is reserved to pay thc debt in whole, or in an amount equal
tv one or rm~re nx.nthly payments on the principal that are next due on the note. on the fint day of any month prior to malurity: /tio~•i~le•d.
huNevrr, that aritten notice of an inteneion to erercise such privilege is given at least thirty i301 days prfor tu prepayment: and. provided
furtArr, that in the evenl the deM is paid in full prior ta maturity and at that time it is insured under the prov„iom of the National
Huu~ing :~ct, he will pay to the m~~rtFagee a~ adjusted premium charge ot one per centum (1 1 of the original principal amount thereof.
en~-ePt that no adjuste•d prc~mium chatRe shall Gc• du~ or F~avablF ~.herF pa}•mc•nt in ~u:l madr aftet the Au~ dat~ ot thc i~Oth
~~~heduled payment and in no ~~•~nt shall the :~djustcd premium exceed the aRgreRate amount oi premium charRFS Nhich N ould ha.•e
Le•~•n yayable if thi~ ~1ortQaRP had continued to be insurPd until maturity, such paymc•nt to be apptied b~ the mort~a~c e upon its -
~~b(iKatiun to thF S~c~retan~ of Il~u.inR and frban ?)erelopment on ac•count of mort~;aRr insurance.
~e~+r ~f 1~~