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HomeMy WebLinkAbout1621 SIdD i171863 ~ ~ FHA Y094-079979-103 STATE Of FLORIDA ~ ~ ~ ~~~1.~1 ~ This form is used in tonnection FHA FORM NO Z110 m ~ with mortgages insured under the R•vIs•d 1Ao.c6 t972 ~ A1? one- to four•family provisions of ~~.C~~ tQ-~ the National Housing Act. ~ ~MORTGAGE G~ TNIS h10RTGAGE, datcd the First day ot March , A. D. 19 , by and between JACKIB {~i. PLUI~R at~d NANCY L. PL11~R~ his ulife • hereinaite~ called the mortgagor, and . STOCKTON, WHATT.EY, DAVIN b COi~ANY , a cutporation o~ganiud and existirtg under the laws of StBt@ of Florida , hereinattsr called the mortgaaee. WlTNESSETH, Ihat for divers good and valuabte considerations, and also in considerateon of the aggrrgate sum namod in the promissory note hereinafter described, lhe said mortgagor does hereby grant, bargain, sell, alien, remise, relau, convey, and con6rm unio the said mortgagee all that certain piece. parcel, or tract of land of which the said mo~tgagor is now seiud and possesscd and in actuat possession, situate in the counry of St. LIIC3@ and State of Ftorida, described as follows: Lot 7, Block 4, PZNECREST ESTATES, UNIT ONE, a Subdivison according to the Plat thereof, as recorded in Plat Book 16, at page 34 of the Public Recordts of St. Lucie County, Florida. Together witb the following iteme of property which are located in and permanently inetalled as a part o# the improvea~ents thereon on said land: RANGE: TAPPAN I~iODEL #OS-05243 Series ~23312829 SERIAL #23142271 RANGE HOOD; SERIES II, LOT 5 DISH WASHER: TAPPAN MODEL 61-1131-11/57335-33 SERIAL ~492917 iJALL to WALI. CARPET: SAUTERNE #3510 The express enumberation of the foregoix~g iteas shall not be deemed - to limit or restrict the applicability of any other language describing in general terms other propertq intended to be covered hereby. ' ~ _ - = STATE DOCiTMENTARY STAHPS AFFIRED TO THE ORIGINAL NOTE AND CANCELLED. Together K•ith all structu~es and improvements now and hereaftrr on said land, arx! fixturts attached thereto, anJ atl rents, issues. proceeds. and profits aceruing arxt to acerue from said premises. all of which are included within the foregoing description and the = habendum thereof: also all gas, tteam, electric, water. and other heaUng, cwking, refrigerating, tighting, plumbing, ventilating, irrigating, - 3rx! poK~er systems, machines, appliances, fixtures. and appurtenances, ahich now are or may hereafter prrtain tu, or br useJ with. in, or on said premises. even though they be detached or detachable. TO HAVF A~ID TO HOI_D the s:?me. together with all and singular the tenements, hereditaments and appurtenances thereunto heionging or in anywise appereaining. and the reversion and reversions, remainder or remainders, rents, issues, and profits thereoL and also all the estate, right, title. interest, homestead. dower arxi right of dower, separate estate, possession, claim a~x1 demanJ whatsc~ver. as weli in law as in eyuity, of the said mortgagar in and to the same. and tvery part thereof, w~ith the appunenances of the said mortgagor in and to the same, and every part and parcel thereof untu the said mixtgagee in fee simple. , .qnd the mortgagor hereby~ convenants with the mortgagre that he is indefea~ibly seized of said land in fee simple: that he has full ~ power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and quietly to enter u~wn, huld, occupy, and enjoy s:?id land. anc! e~•cry part thereof: that the IanJ is and will remain free from all encumbrancec: that ~aid rr~riFagor wi~l maAe such further assurances to prove the fee simple title to said lancl in said murtgagee as may be ' reawnably requireJ. and that yaiJ mertgagor Jixs hereby ful1~~ warrant the utle to said land, and every part thereoL and w ill defend the k+?ne against !he lauful claims of atl pcrwns W hums~~er. PROV IDFD ALWAYS. a~d these presents arc executed and delivered upon the following conditions, to w~it: The mortgagor agrea to pay the mortgagee. or order, the principa! sum ofTWENTy-FpUR TgOUSAND,ONE HUNDRED,FI~"PY ~ .~:1/ 100--Dollars IS 2(~,150.~- ~ evidenced by a note of even date herewith. with interest irom date at the rate of per centum 1 8 j~4 ) per annum on the unpaid balance Eight ~ One Quarter until paid. The said principal and interest shall be payabte at the office of StOCiCtOIt ~ i~That2eq, Davfn ~ Caepanq 100 West Baq Street, in Jactcsonville, Florida 32202 ur a[ .uch other place as the holder of the note may designate in writing, in monthly installments of Qj~jg ~j~D ~ EIGHTY-ONE b 61/100------------------Do11arsIS 181.61---------?.commencingon the first day of ~rij . 19~1~ . and on the first day of each month thereafter until the principat and intere~t are fully paid, except that the fina! payment of principal and interrst. if not xx>ner paid, sha{I be due and payabte on [he 6rst day of March ~ ~ 2004 And shall duly, promptly, 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 estatc hercby created shall cease and be nul! and void. And the rtx~rtgagor further covenants as foQow•s: 1. That he wiA pay the inJebtedness. a+ hereinbefore providi~l. Pri~•ilege is reser~•ed to pay the debt in whvle, or in an amount rqual to une or rtx~re rrx~nthly payments vn the principal ihat are next due on the note. on the fint day of any month prior to maturity: /'ro.•iJr~l. huwe~~er, that written notice of an intentian to exercise tiuch privitrge is given at least thirty 130! Jayc prior to prepayment: and. pro~~ideJ further, that in the event ihe debt is paid in lull prior to maturity and at that time it is insured under the provisions of the National Huusing .~ct, he will pa~~ to the mortgagre an adjusted premium charge of one per centum 11'". 1 of Ihe cxiginat prirs:ipal amaunt thereof, ~xcept Ihat no adjustrd premium charge shalt be due or pa}able ~.here pay~ment in fu;l ~s made a(ter tAe du~ ~iatc oi toe I`?Oth s~heduledpa ~•mentand 'en no Pv~nt shall the adjustedpremium Pxceedthe aRgregate amount o( premium charges which N~ould have ~ b~en pa}~abl~ i( this ~1ort~a~e had rontinued to be insured until maturitv, such payment to be applied bt the mortRa~tee upoo its obli~ation to the ~ecretan- of ((~~u~inR and I rban ne~elopmeot oo accouat e( murt~a~e insurance. • rp ~::t 224 t~~tf~.620 ~ . - ~y ~ ~ r~ ~ ~ T ~ ~ ~ ~ , - ~:-~'`h. =r= _ _ , ~ ~ . _ ~