HomeMy WebLinkAbout1745 ~ 1N'~~~~~.~ y~~~"•~c
STATE Of FLORIOA t~~~Af. ~E ~S ~ Y
~ This fo~m is used in c.o~nection
FHA FORM NO 2110 m ~,,~~A~,c4 ~N ~?>>'~~NS ~p, N` with mortgages insured unde~ the
w~ ~ ~ ~ one- to tour-tamily p~ovisions of
R~vt~~d MacA 197~ ZO the National Nousing Act.
~ MORTGAGE
z
THIS A10RTGAGE, dated the F~ZSt ~y March . A. D. 19 74 . by and F
between GILBERT C. (~tLBRArIDSBN ~ JR. Aud KARBN CIJLBRANDSBN ~ h1s ~11f e '
hereinafte~ called the mart~or, and
a
STOCKTON, WHATLEY, DAVIN ~ CO~ANY
. a corporation organizod and existing under the Iaws of St8te of Florida
. hcreinafter called the morttagee,
WITNESSETH, that for diven good and valuable coasidrntions. and also in cornideration of the aggregate sum namad in the
promissory aote hereiaafter dac~ibod. the said morttaeor doa hereby girant. bargain, sell. alien. rcmise, relase, convey. and confirm unto
the said mort~agee al! that certain piece. parcel. or tract of Iand of which the uid mortgagor is now xized and possased and in actual
posscssiua, sitwte in the county of St. Lt1C~8
and State ot Florida, dacribed ac fotlows:
Lot 4, Block 6, PINECREST ESTATES, UNIT ONE, a Subdivision
according to the Plat thereof, as recorded in Plat Book 16,
at page 34 of the Public Records of St. Lucie County, Florida.
Together with the folloiring items of property
which are located in and peYmaaently installed as a part
of the improvements thereon on said land:
,
xANGE: TAPPAN MODEL #OS-05243 Series #23312829 SBRIAL #A4-123580
RANGE HOOD: KITC~I VBNT 1210-1
DISH WASHBR: TAPPAN MODEL 61-1131-11/57335-33 SERIAL #1173
FIDDERS FURNACE - #CJ 281360
FIDDERS AIR CONDITIONER - C~ressor#S-CJ-242278
The eupress 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 xo be covered hereby.
STATE DOCUMENTARY STAMPS AFFIXED TO THE ORIGINAL NOTE AND CANCELLED.
I Together with all structures and improvements novr and hereafter on said land, and fixwres attached thereto, and all rents, issues.
; ~ proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description and the -
i habendum thereoF, also all ga~, steam, electric, water, and other heating. cooking, refrigerating, lighting, plumbing, ventilating, irrigating,
~ ~ and pow•er systems. machines. appliances, fixtures. and appurtenances. v~hich now are ix may hereafter pertain to, or be used with, in, or
' un said premises, even though they be detached or detachable.
TO HAVE A1~D TO HOLD the same, together with all and singular the tenements, her~ditaments and appurtena~cs thereunto
T~ ~ helor~ging or in anywix appertainiog, and the reversion and reversions. remainder or remainders, rents, issues, anJ profits thereof, and
" y also all the estate, right, title, interest. homestead. dower and right of dower. separate estate, pos.cession. claim and demarxi v?hatsoever, as
~ well in laa• as in equity. of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in
arxi to the same. ared every part and parcel thereof unto thc said mortgagee in fee simple_
= And the mortgagor hereby convenants w•ith the mortgagee that he is indefeasibly 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 lawtul for the mortgagce, at all times peaceably and
" y quielly to enter upon, hold. accupy. and enjoy said land, a~xi every part thereof; that the IanJ is and will remain free from all
~ encumbrances: that said mortgagor w~ill make such funher assura~es to prove the fee simple title to said land in said mortgagee as may be
rrawnably required, and that said mortgagor does hereby fully warrant the title to said lam1, and every p:ut thereof, and will defend the
~ same against the lawful claims of all persons whomwevec.
`'S PROYIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit: '
1~
` ~ The mortgagor agrees to pay the mortgagee, or order, the principal sum of ~y_$~ q'gOUSAND, EIGNT HUNDRED bc NO/ 100-- ;
Do~lars ~s 26~8~0.~_ a~s evidenced by a note of even date hercwith, with interest from date at the ?
:.f rate of per crnwm 1~2 "o) per annum on the unpaid balance ~
_ r Eight ~ One HSlf
until paid. "ilu said principal and interest shall be payable at the office of StOCiCtOII~ Whatley, Davin ~ Company y
100 ~Iest Bay Street, Jacksonville, Florida 32202 =
~ or at wch other place as the holder of the note may designate in writing, in monthly installments of Z'~j~ fl[JNDRED~ SIX AND ~
09~ 100- - - - - - - - - - - - - - - - - - Dollars (5206.09- - - - - - - - - lrcommencing on i
~
~ the first day of j3,gy . 1974 . 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 interest, if not sooner paid, shall be due anel payable on the first
day oE April 2004
~
~ And shall duly, promptly, and futly petform, dixharge, execute, ef'Fect, 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
~ hereby crcated shall ccase and be null and void.
And Ihe rtx.rtgagor further covenants as follows:
~ I. lhat hc will pay the indebtednecs, as hereinbefore provided. Privilege is rese~~ed to pay the debt in whole, or in an amount eyual
tu ~~ne or more monthly payments on the principal that are nett due on the note, on the fint day of any month prior to maturity: I'~orided.
howe~er. that written nutice of an intention to eaercise such privilege is given at least thirly 1301 days pricx to prepayment: and, proviJeJ
further. ~hat in the event the debt is paid in full prior to maturity and at tha~ time it is insured under the provisions of the National
Housing Act. he will pay [o the mortg•rgee an :tdjusted premium charge of one per centum (1 1 of the original principal amount thereof.
nrcept that ao adjasted premium charge shall be due ot pavable ~.here paymeot in tu:l ~s made after the dae date oi tne 120th
scheduledpa yment and ia no e~•~nt shal) the adjusted premium exceed the aRgreRate amount o( premium char~tes Nhich would have
Leen payable if this 1lortgage had continued to be in.ured until maturitv, such payment to be applied by the mottgagee upon its
obliRation lo the 5ecretar}' o( NousinR and I rban Development on account of mort~age iosurance.
eoo~225 ~cE17~~
, ~ X_ ~ ~ ~ - - . _ . - _
~ _
-