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HomeMy WebLinkAbout0830 ST-27,460 SND ~171870 STATE OF FtOR10A 2~ J4.y~ This form is used in connection FHA FORM NO ~1/0 m ~ with mortRages insured u~de~ the R~vls~d I~torch 107~ o~e- to four-family provisions of ihe Nat+ona~ Housing Act. MORTGAGE THIS i~IORTGAGE, Jateci the First daY ~ February p• 19 7~1 . by and bc~M~e~n JOSEPI~ L. HABD 8ad CA1~QiIB L. WARD, h1s vif e • hereinafttr cailed the mortgagor, and STOCRTON, f~ATI.BY, DAVIN 6 COMPANY . . . a corporalion arganized and existing unJer the laws of $t8t@ of Florida z , hereinafter called the mortgagee, - WITNESSETH, that for divers goal and valuable cunsiderations, and also in cortsideraUon of the aggregate sum named in the promiswry note Aereinafter described, the said mortgagor does hereby gant, bargain, sell, alien, remise, re(ase, convey, and cunfirm unto = the said mortgagee all that certain piece, parcel, or tracl of land of which the said mortgagar is now seized and posscssed and in actual ; possessioo, situate in the county uf St. Lueie ~ : arxl State of Florida, drscribecl as follaw•s: ~3 i Lot 7, Block 5, PINBCREST BSTATES, UNIT ONE, a Subdivison according to the P1at thereof, $s recorded in Plat Book 16, at page 34 of the Public.Records of St. Lucie County, Florida. Togetber with the follo~xing items of propesty ~ vhich are located in and peroanently insta2led as a part of the improvements thereon on said land: - RAriGE: TAPPAN MUDEL #OS-05243 Series #23312829 SERIAL #23402552 RANGE HOOD: SERIES II, LOT 5 DISH wASHER: TAPPAId MODEL 61-1131-11/57335-33 SERIAI. NO. b94961 WALL to WAI.L CARPET: APPLE GREEN #3505 The express enumberation of the foregoing iteas shall not be deemed to limit or re8trict the applicability of aay other language describing - in general terms other property intended,to be covered hexeby. ~ RfCElYED IN PAYMEIR OF TA~ j w pUE QN qAS$ 'C' tNTAMGISIE PERSON11l PROPERTY, ~ PURSt1ANT TO CFiAP'E^ 71-134. ACTS Of 19/l. r~~c ROGEtt POiTRAS ~ U ~ ~ CtERK CIRCUR OOURT, Si. UlC1E CO., FUl STATE DOCUI~:N'rARY STAI~S AFFIRED TO THE ORIGINAL NOTB AND CANCELLED. `'i ' - ~ Tugether uith all structure~ anJ impro~•ementc now anel hereafter on +aiJ land. and fixwres attached thereto, and aU rents, issues pn~ceai~. anJ profits accruing and to accrue frum .aid premise+. all of which are inetuded within ihe foregoing description and the l w habrndum IherroL• atso all gas, titeam, clectric. water. and other heating. c~~king, refrigerating. lighting, ~lumbing, ventilating, irrigating. ~ arni puwer sy~tems, machinc~. appli•rnce~_ fixturcc. and appurtenances, which now are or may hereafter pertain to, or tk used with, in. or - o un said premisrs. e~en though they t+e detacheJ or Jetachable. . TO HA~E AND TO HOLD the wme. together with all and tiingular the tenements, hereditaments a~d appurtenances thereunto belonging or in any~M ise apperta+ning. and the reveniun and reve~iom. remainder ur remainden. rents, is.ues, and profits ther~of, and ~ altio alI the ectate. right, title. interest, homesterd, doKer arxi right of dower. separate estate. possession, claim and demand whatx>ever. as j a well in taN as in equiry, uf the ~id morigagix in arxi to the s:+me. and every part thereof, with the appurtenances of the saici mortgagor in G . o and to the wme, and ever~~ part and parcel thereof unto ~h~ said mortgagee in fee simple. AnJ the nwrtgagor hereby convenants with the murtgagre that he is indefrasibly seized uf said land in fee simple; that he has futl i power and lawfui right to convey the same in fce simple as aforaaid; that it shall be laK~ful for the mortgagee, at all times peaceably and E yuietly to enter upon, he~~d, uccupy, anJ enjoy wid IanJ. anJ every pan thereof; that the larxi is arxl wiN remain free from all s z;~ ? rncumbrances; that wid rtwrtgagor will make such further a~surancc~s to prove the fee simple tiAe to sa~d land in said mortgagee as may t+e ~ rcawnably reyuireJ. and lhat wiJ rrwrtgagor dves hereby fully Marrant the title to said land. and evrry part thereof. :?nd w ill JefenJ the _ tiame ~gainu the lawful claini~ of sll perwm whumx~ver. PROVIDFD ALWAI'S. and these presentti are executed and delivered upon the folbwingcorxlitions, to wit: # The mortgagor agees to pay the mortgagee, or order, the principal sum of 1SiEATTY-THREE THOUSAND,NINE H[TNDRED ~ FIFTY ~ ?v0~1~Q)ollan IS 23~950.~~ as evidenced by a note of even date herewith, with interrst from date at the rate of Eight ~ One Ql13rt@r Per centum 1$ 1~~ ~1c ) per annum on the unpaid balance until paid. ~The said principal and interest thall be payable at the office of $tOCkLOII~ Whatley, Davin ~ Companq - '-100 West Baq Street,.Jacksonville, Florid~ 322~2 or at wch ather place at the holder of the note may des~gnate in writing, in monthly ~nsta Iments o 0~ g~R~ ~ EI~ ~ 10~ 100- - - - - - - - - - - - - - - - - ~ollars IS I8Q. iQ- - - - - - - - -1. commencing on the fint day of Qplil . i9 and on the first day of each rtx~nth thereafter until the principal anJ interest are fully paid_ except that 1he finat payment of principal and interest. if not sooner paid. shall be due and payable on the first a:~y ~r - March; 2004 - And shall duly, promQtly, and fully perform. discharge, execute. effect, complete, 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 s hereby crcated shall cease and tx null and void. -1nd the mvrtgagur furlher rovenants ati fullowc I. ~hat hc v?il1 pay thc indebteJnest. as hereinbeCure pro~•ided. Privi{rge is recerved to pay the debt in whole. or in an amount eyual _ tu une ~tt more rtwnthly paymentti on the principal ihat are next Jue on the nvte. on the first Jay of any month prior t~~ maturity: /'r~~~~rdrd. ; huwever, that wnttcn nuuce uf an intcntion tu c~erei~e such pri~~ilege ~s given st Irast thirty 1301 Jays priix to prepayment: anJ, pruvideJ = fur~hcr, that in the eveot thc Jebt i. paid in full prior to maturity anJ at lhat time it i~ insured under the provisions of the lvational - Huu+ing ~1ct. he will pay to the murtgagre an aJjutited premium charge of one per centum I 1 ) of the original principal arrKwnt thereof. e-r~•ept that no adjusted prr•mium charFe ~hall be duc or pa~abl~ ti.here pa}m~~nt in tu:l ~s made after tAe dur date oi tne 120th = .:~h~~luledya ~meotand in no ~cent,hall ~h~• a~ljustedpremium P[CPC~~IFIP a~Rre~atP amount of premium char~es which would ha~•e ' h~•e~n payabl~ if thi~ )lurt~ag~~ had cuntinu~d to be in~ured until maturitc, such payment to be applied by the mort~aRee upon it~ t}biicauuo to the ~r~~retar}• o( Hnu.in~ and I rban DevFlopm~nt on a~ count of mort~a~ee insurance. • ~r ~ 224 PA~ iJFr1> ~ ~ - - ~ _ . . _ w'~~