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HomeMy WebLinkAbout0462 i ~ ST-26,382 SWD ~167608 STATE OF FLORIOA 2~oOQ ~ This form is used in connection FHA FORM NO 2110 n~ with mortgages insured urxier the R~vls~d March 1974 Ofle- to fou?•family prov;sions of the National Housing ACt. . . MORTGAGE THiS AtORTGAGE, dated thc First daY ~ November . A. D. 19 73 , by and eeiween QiESTER L. WOULARD and BARBARA C. GIOULARD, his vif e . hereinatter called the mortgagor, and STOCKTON, WHATLEY, DAVIN b COI~ANY . a corQoratio~ orQaniud and existi~g under the laws of S t8te of Florida , hereinafter calicti the mongagee, WITNESSETH, that for divers good and valuabie considerations, and also in coruideration of the aggregate sum named in the promissory note hereinafter dcscribod. the said mortgagor does hereby grant, bargain, sell, alien. remise, relase, convey, and confirm unto the said morigagee all that cenain piese, parcel, or traet of IanJ of which tht said mortgagor is now seized and possessed and in actual posxssion, situate in the county of $t. Lueie and State of Florida, dexribed as follows: Lot 254, SHERATON PLAZA, UNIT FOUR, REPLAT . according to the Plat thereof, as recorded ~ in Plat Book 16, at page 18 of the Public ouE oN p~ ~ oF TAxE! Records of St. Lucie Countp, Florida. ~~sWN~ 7p ~,~pj~ 19~ERi1f, y CLEI~( CIRCUR CdiR?PoSf.~UC~E ~FLA Together With the following items of propert which are located in and permanently installed as a part of the ° im~rovements thereon on said land: ~ ' RANGE : ORBOI~ , I~DEL G-30 , SERIAI. NUI~BER 3784 RANGE HOOD: MIAMI CAREY, MODEL 3~30 SPACE HEATER: DEARBORJ~, 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. ~ STATE DOCUMENTARY STAME'S AFFIXED TO TE~ ORIGYNAL NOTE AND CANCELLED. Together N~ilh all struciures and impmvementc noa and hereafter on ~aid tanJ, and fixtures attachecl thereto, and all rents. is~~urs, prcx~ed~, and profits accruing anel to aec~ue from said premises, all of which are included within the foregoing Jescriptiun and the _ z habenJum thereof; also all gas. steam, elatric. wate~. and other heating. coul.ing, refrigerating. Gghting, plumbing, ventilating, irrigating, ~_~:+nd power s~~stems. marhines, appliancec, fiatures, and appurtenances. which noK are or may hereafter pertain to, or be used with, in. or ~ y z on said premices, evert though they t+e detacheci or detachable. :t a TO HAVE AND "(O HOLD the ~ame, together with all anJ ~ingular the tenements, herrditamcnts rnd appurtrnances thereunto belonging or in any~wise appertaining, and the reversion anJ reversions, remainder ~u remainders, renu, iswes, and profits lhereof, :~nd also all the ectatt, right, trtle. enteres~. homestead. Sower ans! right of doNer. separate estate, posses~ion, claim and demand Nhatwever, as well in IaM as in eyuiry. of the caid mortgag~u in and to the same. and e~~ery paR thereof, with the appurtenancec of the ~a~J mortgagor in r a~J tu the same. arxl every part and parcel thereof ueto the caid mortgagee in fee ~imple. ~ind the nwrtgagur herrby comenants with the mortgagrr that he is indefea.ibly ~eized uf wiJ land in fee simple: that he ha~ full = power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful ior the mortgagee, at aU tima peaceably and - yuirth~ to enter up~m. hold. uccupy. and enjoy said land. and every pari ihereof: ihat the IanJ is unJ Nill remain frce from all : rrx;umbrances: Ihat said rtxxtgagor N ill maAe such further assurances to pruve the fer simple title to ~aid larxi in ~aid murtgagee as ma~~ he , rca,unabl~~ requirc~t. anJ that ~aid mortgagor d~ hereby fult~ warr:~nt the tide to saiJ IanJ. anJ cvery p:ut lhereof. and ~ill JefenJ the : came ag:tin+t the lawful claim. of all perwns whumwr~~cr. ' 4 ` ' PRO~'IDF[?'ALWAYS_ aad these presents are eaecwed and delivered upon the following conJitions, to w~it: The mortgagor agrees to pay the mortgagee, or order, the principal sum of ~jEj1Ty-ONE THOUSAND AND NO/ 100- Dullars 1521 ~~D0.0~- l. as evidenced by a note of even dale herew•ith, with interest from date at the rate of E1ght and One-Half per centum 1 g j~2 ) per annum on the unpaid balance until paiJ. The said principal and interest shall !~c payable at the office of $tOC~CtOII ~ Whatley, Davin and Company 100 West Bay Street, Jacksonville, Florida ur at suc.h other place as the holder of the note may des~gnate in writing, in monthly installments of , ONE Hl3NDRED ~ SIX1~-ONE & 49/100- - - - - - ~?lars 1S 161.49- - - - - - - - - commencing on the fint Jay of j~CeIDbE,Y • 19 73 . and on the first day of each rtx~nth thereafter until Ihe principal and intere.t are fully paid, except that the final payment of principaf and ~nterest, if not sooner paid. shall be due arxl payable on the first '~a`~ °r Navember • ~ 2003 And shall duly, promptly, and fully perform. ~ischarge, execute. eftect, complete, and comply with arxl abidt by each and every the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then lhis mortgage and Ihe estate hereby created shall cease and be nul! and void. ~ ind the rrwrtgagor further covenants a+ follow~: 1. ihat he will pay the indebtrdnest, ati hereintxfore pru~idcd. F'rivilege ic reurved tc? pay the deM in whole. or in an amount equal t~~ une ur more rrx~nthly payments on the principal that are aext due on the natc, on thc fir~t day of any month prior to maturity: /'nn~idcd. huwev~r, ihat written notice uf an intention to exerciu such privilege i+ gi~en at tea~t thirty 1301 Jays prior ta prepaymem: anJ. pmvideJ furthcr. that in the event Ihe de6t is paid in fult prior [a maturity and at that time it is insurcd ~nder the provitiions nf the National Huusing Act, hr wiU pay to ~hr me~rtgagee an adju~ted premium charge of ~~ne per cenwm 1 I: 1 of the exiginal principal arrHwnt thereof, r~~ ~~Pt that no adju~tcd premium char~e shall bF due or pa}abl~ oher~ paymcnt ~n tu:t made~ a(ter the du~ dal~~ ol t~~ I•_'Oth hedulc•d payment an~3 in no ~c~nt shall t6e adjusted premium ccce~d th~ a~Rr~~ate amount o( prrmium charR~~~ v+h;~•h would ha~e b.•e•n pa~abl~• i( this ~)ort~aF~ had continu~d w be insured until maturit~-, su~h pavm~rot to b~- applied b~• the mortRa¢~e upun itc uhliFation to the ~ecretan~ o( H~~u:inR and frban 1)e•celopment r~n cuunt o( mortRa(:e insur.incr~. ee~x ~,,c~ 4s~