HomeMy WebLinkAbout2044 ~ ' ` . . . f I~V~V~~~ ~ . _
• 4-~.~ . .
STATE OF FIORIDA This fam is used in connection
FHA FORM NO Z110 m #~4-079962-103 with mortgages insured under the
o~e- to tou~-tamily pro+risions of
a.~is.d ?+~or~1, 1972 the National Housing Act.
MORTGAGE
Firat day °t April . A. D. 19 74 . by and
THIS MORTGAGE. dated the ~
between GASY S. ALLBN sad StJSAN M. ALLBN~ hi8 t~ife
heroinafta callod che mortgagor. and
STOCKTON, WHAZZ.EY, DiADIN 6 C~ANY
. a corporation organized and existing under the laws of StBtC of Florida
, hereinafter callod the mongagee.
WITNESSETH, that for divers good and~vAluable considerations, and also ~n consideration of the aggregate sum named in tAe
promissory note hereinafter described. tl~e sa~d mortgagor does hcreby grant. buQain, sell. alien, romise, relase, convey. and confirm unto
the said mongagee all that cenain piece, paree~. or tract of ~a~d °f `"hkh ~he sa~d m°~~gagor is now seized and pos.ussed and in actual
possession, siiuate in the county of St. I.ueie
and State of Florida, described as tollows:
Lot S, Block 4, PII~TB,CBSS? BSTATBSs ONIT ONB, a Subdivision
E according to the Plat thereof, as recorded in Plat Book 16,
~ at page 34 of the Public Records of St. Lucie Co~aty, Florida.
Together With the folloiring iteas of property
~-~x Which are located in and persaaently installed as a part
~;l a ~ of the iaproveaeats thereoa on said land : 3~ ~ ttx~
~ ~ ~C 4~ ~
BANGB: CHAt~BBS i123556 ~ I~j~~Lf ~'~S ~ 1911•
1- DISH WASHHB: MAGIC CHBF #0207068 ~p~ CUSS'C 71•t~?.
_ - FOBNACE: F~DSRS #2813386 ~~.;r~Nt ~0 ~fR ~,yc~E
AIB COIIDITIONSR: CABBIER #242257 ~~~1?1~~ ~~u~~~,lpdr,~~~
~ The eapress enu~beration of the foregoing items shall not be deeaed
~,j to liait or restrict the applicability of any ot6er language describing
in general terse other property intended to be covered hereby.
~ a
f ~
~
i
e
l F
Z
t
5
~ STATE DOC[JliF•NTABY STA1~S AFFI7CED TO THE OBIGINAL NOTB AND CANCELLED.
s
; Together with all s[rucwres anJ improvements now and hereafter on said land, and fixtures anached thereto, and all rents, issucs.
~ proceeds, and profits accruing and to accrue from said premises. all of which are included within the foregoing description and the
~ habendum thereof; also all gas, steam, elcctric. water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating.
~ and power systems. machines. appliances. fixtures. and appurtenances, which now are or may hereafter pertain to, or be used with, in, or
on said premises. even though they be detached or detachable.
TO HAVE AND TO HOI.D the same. together with all and singular the tenements, hereditaments and appurtenances thereunto
~ txlonging or in anyv~~ise appertaining, and the reversion and reversions. remainder or remainders, rents, issues, and profits thereof, and
~ also all the estate, right, title, interest. homestead. dower and right of dower, separate estate, possession. claim a~ demand whatsoever, as
~ well in law as +n oquity. of the said mortgagor ia and to the same, and every part thereof, with the appurtena~es uf the said mortgagor in
~ and to the same, and every part and parcel thereof unto the said mortgagee in fee simple-
~ And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized oC said land in fee simple: that he~~y afunlJl
power and lawful right to convey the same in fee simple as aforesaid; that it shall be Iawful for the mortgagee. at all ames Pe~
~ quiedy to enter upon, hold. occupy. and enjoy said land. and every part thereof; that the land is arxi will remain free from atl
encumbrances: that said murtgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be
~ reawnably required, and ihat said mortBagor docs hereby fully warrant the tiUe to said land, and every part thereof, and will deferxl the
~ same against the lawful claims of all persons whomuxver.
~ PROVIDED ALWAYS. and these presents are executed and delivered upon the following conditions, to wit: O~ FIFTY b
The mortgagor a~ees to pay the mortgagee. or order, the Qrincipal sum of 1WENTY~FI11L THOOSANDs
as evidenced by a note of even date herewith, with interest from date at the
~i0/ 100 Douars ~S 25 ~ 150.00-
per centum 1~2 `rc1 per annum on the unpaid balance
rate of Eight 6 One HSlf ;
~ Stockton Whatle , Davin ~ C an ,
,~.a until paid_ The said principal and interest shall be payable at the office of ~ y ~p y
- _ i
- 100 Weat Bay Street, in Jacksonville, Florida 32202
~ or at such other place as the holder of the note may daignate in writing, in monthly installments of ~NE ~RED ~ NI111TY~~E
b 40/100- - -Do11ars 1S 193.40- - - - - - commencing on ;
, 1974 , and on the first Jay of each month thereatter until the principat
~he first day of Jt1IIe
= and interest are fully paid, except that the final payment of principal and interest. if not sooner paid, shall be due and payable on the first
day of May ~ 2004
~ And shall duly, prompUy, and fully perform, discharge, execute, ef'fect. complete, and comply with and abide by each and every
the stiputations, agrcements, conditions, and covenants d said promissory note and of th~s mixtgage, thcn this mortgage and the estate
= hereby created shall cease and be null and void.
~ And the mortgagor further covenants as follow~s:
L That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal
to one or rrare rrw~nthly payments on the principal that are next due on the note. on the firxt day of any month prior to maturiry: I'ro.•iJ~d.
huNever, that written notice of an intention to exercise such privilege is given at least thirty 1301 days priix to prepayment: anJ, pravideJ
further, that in the event the debt is paiJ in full prior to maturity and at that time it is insured under the prooisions of the National
- Housing Act. he will pay to Ihe morlgagee an adjusted premium charge uf one pcr cenium (1'': 1 of tht original principal amount thereo .
~~s
except that no adjusted premium charge shall be due or pa~•able ~chPre payment in tu:l ~s made a(tet the due ~iate ot tne 120th
scheduledpa }~ment and in no event shaU the adjusted premium eiceed the a~gregate amount o( premium charRes which would ave
be~en payable if this ~lortga~~ had continuFd to be insured until maturity, such payment to be applied by the mortgaRPe upon itc
r~ obli~atiun to th~ ~ecretary o( Ilnu.inR and 1"rban Decelopment un aco u~ot o~ ttgaRe insurance.
_ ~ s 2c~~z
~ ; z
.
_ r~
~