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~ ST-26,384 ~~~~9I
SND ~965101
STATE OF FLORIOA
This form is used in connection
FHA FORM NO Z110 m with nwrtgages insured under the
R•vIs•d ?~Aorch 1972 or?e- to four-family provisions of
the Natiooal Housing /kt.
MORTGAGE
THIS MORTGAGE, daccd che First d~Y °f Nove~ber . A. D. 19 73 , by and
beiween Q~ARLES E. PETTY, a single man •
hereinafter called the mort;agor, and
STOCKTON, WHATLEY, DAVIN & COI~Q'ANY
. a corporation organizod aad eaisting undtv ihe Iaws of StatE of Florida
. hercinatia called the mortgsgee.
WITNESS~7'H, that for divers good and valuable considerations, and also in considaation of the aggregate sum named i~ thc
promissory note hereinafter describod, the said mortgagor does hereby grant, bargain. sell. alien. remise, relase, convcy, and confirm unto
ihe said mongagee all that certain piece, parcel, or tract of land of which the said monga~or is now seized and postessed and in utual
possession, situate in the county of St. Lucie
and State of Florida, described as [ollows:
Lot 260, SHERATON PLAZA, UNIT FOU1t, REPT,AT
according to the Plat thereof, as recorded
„~8 'in Plat Book 1G, at page 18 of the Public
~,~Records of St. Lucie County, Florida.
s
Ql~~~~ ~ ther ~rith the follo~ring items of property
i ~ ich are located in and permanently installed as a part of the
improve~nts thereon on said land:
G' ~ ~
~
~ ~ ~vc~ : o~x~rt, IIODII. G-30, sEx~. ;n~rR 3037
~~,~,~t~~. ~vc~ koon: rr~a~ c~Y, ~r~nEr. 3~3a
SPACE HEATER: DEARBORN MODEL DVF-b5_
~~r SEARS COLDSPOT REFRIGERATOR, I~~ODEL 6~211 SERIAL NUPiBER S-31114263
~ o~
~kti The express enumberatian 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 herebq.
STATE DOCU1~tENTARY STAMPS AFFIRED TO TEiE ORIGINAL NOTE AND CANCELLED.
Together with alt structures and improvements oow• and hereafter on said land, and fixtures attached thereto. and all rents, issues,
proceeds. and profits aceruing anJ to accrue from said premises. all of v?•hich are included within the foregoing description and the
habendum thereof: alw all gas, steam, electric, water, and other heating, cooking, refrigerati~g. lighting, plumbing, verttilating. irr~gating.
_ s~ and power systems, machines. appliances, fixtures, and appurtenances, which now are or may hereafter penain to. or be used with. in, or
on said premises. even though they tx detached or detachable.
I TO NAVE AND TO HOI.D the same, together with al( and singular the tenements, hereditaments and appurtenances therzunto
'i ~ ~ belonging or in anywise appertaineng, and the rrvcrsion and reversions, remainder or remainders, rents, issues, and profits th~reof, and
` also all the estate, right, title. intcrest, homestead. dower and ~ight of dovrer, separate cstate, possession, claim and demand whatsoever. as
„ well in law as in equity, of the said mongagor in and to the same, and every part the~eof, with the appurtenances of ihe said mortgagor in
j _ = arxi to the same, and every pan and parcel thereof unto the said morcgagee in fee simple.
t - " And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized of said land in fee sirteple; that he has fuit
' ~ v~ power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at aU times peaceably aad
~ quietly to cnter upon, huld. occupy, and enjoy said land. and every part thereof: that the land is and will remain free from all
r ~ncumbrances: that said mortgagor vrill ma?e such further assurances to prove the fec simple title to said land in said morigagee as may be
f - reasonably requirni, and that said rmrtgagor does hereby futly warrant the tiUe to said land. and every part thereof, and will defcnd the
' ~ sarr~ against the lawful claims of al) persons whomsoever.
- 7 PROV IDED AI_WAYS. and these presenu are eaecuted and delivered upon lhe folbwing conditions, to wit:
j
€ } z N The mortgagor a~rees to pay the mortgagee, or orde~, the principal sum of t7INETEEN TEIQTSAND AND NO / 100-
Dollars (S 19 ~OQO.~~- as evidenced by a nott of even date herewith, with interest from date at the
~ i~ rate of Eight and One-Half per eentum 1~2 ~c ) per annum on the unpaid balance
until paid. The said principal and interest shall be payabte at the office of Sfi O C t
c t O
A ~ W
h a t l e y, D a
v i n an d C o
m p a n y
~ 100 West Bay Street, Jacksonvflle, Florida
~ or at such other place as the hoWer of the note may designate in writing, in monthly installments of QjrjE HUNDRED ~ FORTY-SIX
& 11 / 1Q0- - - - - - - - - - - - - - - - - - ~Ilars IS 146 .11- - - - - - - - -1. commencing on
the firsl day of ~j~~ry . 19 74 . and on the first day of each month thereafter until the principal
and interest are fully paid, except that the final payment of principal and interat, it not sooner paid, shall be duc and payabte on the first
' aay of December; 2003
And shall duly, promptly, and fully perform, discharge, execute, effect, uamplete, and comply with and abide by cacb and every
the stipulations, agreements, condiuons, and covenants of said promissory noto and d this mottgage, thcn this mortgage and the estate
hereby created shall cease and be null and void.
And the mortgagor further covenants as follov?~~:
1. ihat he aitt pay the indebtetiiness, as hereinbeforc provided. Privilege is resened to pay the debt in whole, or in an amount equal
to one or rtwre rtwnthly payments on the principal that are next due on the note. on the first day of any m~nth prior to maturity: l~oti•ided.
however, that written notice of an intention to exercise such privilege is given at teast thirty 130f days prior to prepayment: and, provideJ
furlher, that in the event the drbt is paid in full prior to maturity and at that time it is insured unde~ the provisions of the hational
Housing Act, he will pay to the mortgagee an adjusted premium charge of one per :entum I1 r~ 1 of the original principal amount [Acreof.
except that no adjusted premium charge shali be due or payabfe ~.here paymeat io !u!l ~s made a(ter tAe due date oi tne I20th
' scheduied payment and in oo Pvent shall the adjusted premium eaceed the aRgreRate ar~ouat o( premium c6arges which would ha~e
bcen payable i( this ~tortgaRe had continu~d to be insured until maturity, sac6 paymeot to be applied by the mortgaRee upon its '
obliRation to the Secretan' of Ilou~inR and l rban De~elopment on account of mortgage insurance.
~ BU~~ ?~.u,~