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HomeMy WebLinkAbout2734 Tc-72i - ~ ~xn-o94-0825?4-203 . ~ • . STATE OF FLORIDA 2~VJ~~ This form is used in connection FHA FORM NO Z110 m with mortgages insured under the : one- to four-family provisions of ` R~.Is~d A~orch 1972 the Nstional Housing Act. MORTGAGE } ~ _ ~ . ~ TNIS MORTGAGE, dated the 3~},h day of April . A• D. 19 'jl} , by and ~ ~ be~ween RICHARD P. KI~LIQQ at~ci MARTA M. I~LIQSI~ his wife ' z hereinafter called the mortgagor, and ~ J. T. 3T8~iAF~T MOKl'GAiG$ OOI~ANY~ INC. ' , a ccxporation organited and exiuing under the laws of the state of ~ Florida , hereinafter called the mortgagee. ~ WITNESSETH, that for divers good and valuable considerations, and also in consideration of the aggregate sum named in the ~ promissory note hcreinaRer dcscribed, the said mongagor does hereby Bant, bargain, sell. slien, remise. relase, convey, and confirm unto ~ the said mongagee all that uttain picce, parcel, or tract of land of which the said mortgagor is oow seited and possessed and in acwal } possession. situate in the counry of ~ St. I~ueie and State o( Florida, described as follows: ~ 5~ glock g, MpRpVII,Tp gS~pT&S, according to the Plat thereof~ as recorded in Plat Book 8, page ?7, Pub13e Records oY St. Lucie Cowaty, Florida. ~ Including, specifically~ but not by way of limitation, the following: ~6e o~, Q~,~,oct ~n. ~M ~g~l. aE~ •C N~~'~~~N ~ o~ °x u~ c,~`~ p0 t ~ ` ~R~ 0 ~R`' S 1~ i C\~~ ~ i Necessary Documentary Stamps Tr, :n<.~~L..,~.,,. ,,-~r,-,,: _/,NITA M• I!J PRESTI - ,r ~ At.t.8CY1~ t.0 ~I'~~L18~ NOt.e Peni•:~:.ar l~t:~ _u•... C•.~w : , q J,~ ~K~ :~:.~~e _ R: ~:1. F:,. ~ en_ ~t . G'~ j and Canee]1ed. F:o~:'a 334~; as a r~c%~ary 'e^~ t.. •~i;m~nt ~f ci^.:~t~-r,> .c~ta,-.c~? ~ g i. 9 ..•!n :rcU-2r"F . !m- . ~ il. Z Z ~ + 4 Together with all strucwres and improvements now and hereafter on saiJ land, and fixtures attached thereto, and all rents, issues. ; ~ proceeds, and profits accroing anJ to accrue from saici premises. all of which are inciuded within the foregoing description and the ~ habendum thereof; also all gas, steam. electric. N•ater, and other heating, cooking. refrigerating, lighting. plumbing, ventilating, irrigating, i ~ anJ povver systems, machines, appliances. fixtures. and appurtenances. w~hich now are or may hereafter pertain to, or be used with. in, or i ~ un said premises, even though they be detacheei or detachable. ` TO HAVE A1ID TO HOLD the same. together w•ith all and singular the tenem~nts, hereditaments and appurtenances thereunto belonging or in anywise appertaining. and the reversiun and rcversions, remainder or remainders. rents, issues, and profits thereof, and ~ also all the estate. right. tide. interest. homesteaci. dower arxi right of dow•er. separate estate, pos.xssion, claim and demand w•hatsoever, as : ~ well in law as in cquity, of the said mortgagor in and to the same. and every pan thereof, with the appurtenances of the said mortgagor in ~ and to the same, and every part and parcel thcreof unto the said mortgagee in Cee simple_ ~ And the mortgagor hereby convenants with the mortgagee that he i~ indefeasibly seized of said land in fee simple: that he has full ~ power and Iawful right to convey the same in fee simple as aforaaid; that it shall be lawful for the mortgagee, at all umes peaceably and } ~ qu~etly to enter upon, hold, occupy, and enjoy said IanJ, and every part thereof; that the land is and will remain iree from all encumbrances: that said mortgagor w~ill make such further assurances to prove the fee simple title to said land in said mortgagee as may be ~ reasonably required. a~d that said mortgagor does hereby fully warrant the title to said land, and every part thereof. anJ will defend tbe ~ same against the la.+-ful claims of all persons whumsoever. ~ PROV IDED ALWAYS. and these presents are eaecutod and delivered upon the folbwing conditions, to wit_ . g ~ The mortgagor agces to pay the mortgagee. or order, the principal sum of `I'~1TY SG~II' T~~D ~0~100--- ~ Dollars IS 28~~~•~ as evidenced by a note of even date herewith, with interest from date at the ~ rate of ~Gfrl' AIdD DI~ H~I~ per cenwm 1 `~c ) per annum on the unpaid balance ; until paid. The said principal and interest shall be payable at the office of J. T• STEWART MOKI'GAGE O~MPAftY~ INC. ~ 100 MIRACIF, MILB - OORAI~ GABIFS~ FIARILIA i or at such other place as the holder of the note may designate in writing, in momhly installments of `I'{~ HI1I~D~ED FIFZ'EII~I ` _ 8rid 32~100- - - - - - - - - - - - - - - - Dollars (S 215. 32 commencing on the first day of a711rie . 19 714, 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 and payable on the first day ot May~ 2001~. ~ And shaU duly, promptly, and fully perform, dixharge, 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 hereby creatcd shall cease and be null and void. r~_ And the mortgagor funher covenants as foUuv~•s: ~:F I. That he will pay the indebtedness. as hereinbefore providetl. Privilege it reurved to pay the debt in whole. or in an amount equal ~ ;qr' to one or more monthly payments on the principal that are next Juc on the note, on the first day of any month prior to maturity: /'ro?~+ded. 4 s~:a however, that written notice of an intention to eaercise such privilege is given at least thirty 1301 days prior to prepayment: and, provided ~ further, that in the event the debt is paW in full prior to mawrity and at that time it is insured under the provisions of the National ' Housing Act. he will pay to the mortgagee an adjusted premium charge of one per centum I 1~ 1 of the original principal amount thereof. ; except that ao adjusted premium charge shall be due or payable ~.here paymcnt in tull is made after the due date oi the 120th r::; scheduledpa yment and in no event shall the adjus~ed premium exceed the aggregate amouot o( premium charges which would have ~'W been payable it this ~1ortRage had continued to be insured until maturity, 91tch paymeat to be applied by the mottgagee upon its obliRation to the Secretary of Ilousin~t and I~rban De~elopment on account ot mortgaqe insurance. ~ aa~2~6 ~7~2 ~ , 7 _ . . • ...w . ~ - - _ ,~?a.- .~xz..u_. . ~ .