HomeMy WebLinkAbout0283 ~ ST-26,099 :
SI~+fD ~967609
STATE OF FLORIDA ~
This form is used in tonnection
FHA FORM NO 2110 m with rtw?tgages insured unde~ the
R.vl,•d Morcl~ 1972 one- to f0ur-family p~ovisions of
the National Housing Act.
MORTGAGE
THIS AtORTGAGE, dated the ji'~rgt daY ~ Nevember . A. D. 19 ~3 , by and
betweea SWINOIL ARMSTRONG sud RSATHA N. ARMSTRONG~ hi8 ~rife .
hereinafter called the mortgagor, and
STOCKTON, WEiATLEY, DAVIN & OOMPANY
, a corporatiun o~genized aod existing under the laws of Stste of Florida
, hereinaiter called the mortgagee,
WlTNESSETH, that for divcrs good and valuable considerations, and also in consideration of the aggregate sum namec! in the
promissory note hueinafter described, thc said morigagor does hereby grant. bargain, xp. alien, remise, relau, convey, and co~firm unto
the said mortgagee all that certain piece, parcel, or tract of Iand of which the said mortgagor is now seized and posscssed and in actual
posussioo, situate in the county of St. Lueie . -
and State of FloriJa, described as follows: .
Lot 255 SHERATON PI.AZA, UNIT FOUR, REPLAT ~ ~ 8~`
according to the Plat thereof , ae recarded ~
o~~M~~eiE ~~'!~aT pF t
in P la
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k 1 6, a t p a g e 1 8 o f t h
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b l i c ~~l' 1 3~ P~,
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Records of St. tucie Couuty, Florida. ~ ~~R s~ 19)1
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Together t~ith the following items of property
which are located ia and perwanently installed as a part of the
_ improvements thereon on said land:
. RAN(~ : ORBO~T , I~IODEL G-30 , SERIAL NUt~ER Q043
RANGE HOOD : MIAt'II CAREY, I~DEL 3730 .
SPACE HEATER i YVtYW vP~ ~ *hn~'?, nvF-65
The express enumberation of the foregoing items shall not be deemed
to limit or restrict the app2icabilitq of any other language describing
in general terms other property inteaded to be cavered herebq.
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STATE DOC~NTARY STAMPS AFFIXED TO THE ORIGINAI. NOTE AND CANCELLED.
TogeMer w ith all ctrucwres xnd improvementti now and hereafter on said land, and fiatures attacheci thereto. and all rents. ~swes,
proceeds. and profiK accruing and tu accrue from saiJ premisec, all of which are ineluded within the foregoing description anJ the
hat+endum thereof; alw all ga~, steam, eleciric. watet. ai~d ather heating, a~king, refrigerating, lighting. plumbing. ventilating, irrigatmg.
- and ~x~wer sy~tems, machines, appliances, fixturcK. and appurienances, ahich now are cx may hereafter pertain to, or be u~ed w•ith. in, or
on said premises, even Ihough they t+e detached cx detachable.
. ~ TO HAVE :~ND ~O HOI.D the c:+me, togtther with all and ~ingular the tenements, hereditamentx and appurtenances thereunto
~ brlonging or in anywise appertaining, and the revenion and revrnions, remainder ur ~emainden, rents, iscues, and profits thereof. and
also all the ectate. right. tiUe. internt. homestead. dower anJ right of dow~er, separate estate, Fwsitssion, claim arxi demarxl W hatsoeeer. as
wrlt in taH ac in equity. of 1he said mortgagur in arxl to the same. and every part thereof, with the appurtenancec of the said mortgagor in
= r~ and to the same, and e~ery part arxl parcel thereof unw the said mortgagee in fee simple.
3 :\nd the rrxxtgagur hereh~• cunvenants with the murtgagee that he i~ inJefes+ibly seized uf ti~iJ land in fee tiimplr: that he h~s full
2~ ry power and tawful right tb convey the same in fce simple as aforesaid: that it shall be lawful for the mortgagee, at all times peacoably and
_ quietly to ente~ upon. hutd, uccup)~, and enjoy caiJ land, anJ every part thereof; that the land i. arxf Nill remain free from.all
~ erxumbrances; thal tiaid rtxxtgagor will make tuch further aswrances tu prove the fee simple li11e to sa~J larxi in wid mortgagee as may t+e
~ a rra~unahly reyuireaf, artJ lhat +aid nwrtgagor doe+ hereby fulh~ warrant the ti~le tu said IanJ. and every part thereof, anJ will defenJ tfie
c~+ ~~me against the lawful claim~ uf all perwns whomsue~~er.
PROV IDF.D ALWAYS. and these presents are executed and delivered upon the foflowing con~iiuons, to wit:
~ The mongagor agrees to pay the mortgagee, or order, the principat sum of ~jj~$~ ~p(jSAND ~ 1~T0 HUNDRED AND NO/ 100-
Dollan IS 19 ~2~~.~- - l.~as eviclenced by a note of even date herewith, with interest from date at the
rate of Eight ffiId Oil@-HSlf per centum 1 8 1~2 ~~c ) per annum on the unpaid balance
un~ii paid. The said principa! and interest shall be payable at ihe office of StOC1CtOri ~ Whatley, Davin Slld COIDp8Ily1
100 West Bay Street, in Jacksonville, Florida
~~r at .uch other place ac the holder of the note may designate in writing, in monthly installments o( ONE HUNDRED b FORTY-SEVEN
AND65/100------ -----------~?Ilars~S147.65---------).commencingon
the first Jey of j~Cp~er . 19 73 . anJ un the first day of each month thereafter unte! the principal
:snd int~retit are fully paid. exeept that the final ¢ayment of principat and interest, if not sooner p:~id, shall be Jue anJ payable on the first
~sy ~,f Navember; ~ 2003
And shall duty, promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every
the stipulations, ageemenu, conditions, and covenanu of said promissory note and of this mortgage, then ihis mortgage and the estate
hereby created shall cease and be null and void.
,\nd the rtwrtgagur further covenants as tullows:
1. lhat he will pay the indebtedne~~. a~ hercint~efore pruvideJ. Pri~~ilege iti re~crved to pay the deht in whole, cx in an amount equal
tu unr ur rtwre rtwmthly payment~ on the principat that are ncxt Jue.~~ 1he nutc. crn the fir~t Jay <~f any month prior t~~ matur~ty- I'rm~idrd.
h~~arver, that K riuen nutice uf an ~ntention lo exercise ,uch privilege it girrn at le:~~t thirty ~ 301 day~ pric~r t~? prepaymenL anJ. pruviJed
further, tha~ in thr evrnt the Jebt i~ paid in full prior to maturit~ and at that ume it is insured under the ptovfsion~ uf the Nation:~i
Huu.ing :\ct. he Nil1 pay t~~ the m~~rtgagee an adju.teJ premium charge uf nne per rentum ~ 1 r. / of the exiginal principal artx~unt thereof.
e~tr~pt that no adjust~~~l pre~mium char(i~ shall bc duP or pa~ablr~.~.herF pa)ment ~n twl ~s mad~~ a(tcr tAc dar ~tatf~ ot t~e 1'1.Oth
h~du1~•d ~mrnt and in no r~~nt ~hall the adju.ted prc~mium CYCCC~1 th~ aRRr~~at~ amount oi prcmium ~harRes Nhi~•h rould ha~~e
h~~~n paya ~I•~ i( thi. ~1ortGaF~ had c~ntinue~d to b~ in~ured until maturity, suc~h pa~m~n1 to F~c appli~d h~ t6e mortRaF~e upon it~
~,htica~ion to thr retan Huu.inc and I rban I)c•.~-lopme•nt ~~n a~ ~~~unt o( mort~aRe• in~ur.~ne•e~. ~ R c~~
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