HomeMy WebLinkAbout1003 STATE OF FLORIDA Q~ This lorm is used in connection
FHA FORM NO Z110 M v w~th mortgages insured under the
R••t..d Oerob« 1974 one- to four-lamiy provisions ot
the National Housing /1c1.
MORTGAGE
THIS MORTGAGE, datcYllhe 4t~'1 day ot ~Y A. D. 19 74 ~hy • nJ.
hetweenCARL ALLISN HAMILTON~ a single man and LUCILLS HAMILTON, a marriec~ woman,
hereinat~ercalledthemong:?gor.and NATIONAI~ HOMES ACCEPTANCE CORPORATION~ Earl Avenue Z!t
Wallace, Lafayette, Indiana 47902 the State of `
. a curpora~ion organizcvi and e~isting unJer Ihe law s ot
II1C~18ri1 . hereinafter called 1he mort~wgee.
WITNE3SETH. that tor diver~ good aad valuabk consideratianc. arxi alco in conxideration ot 1he aggregate sum named in Ihe promisso-
ry nute hercinafter Jescrit+ed, the said mortgagor dces hereby gr•rnt. bargain. ~II, alien. remiu. release, comey, anJ confirm unto the ~aid
murtgagee ell thal certain piece. percel. ar tract of ianJ of which ~he ceid mungagor is now ~eited and Ewsseued anJ io aclual pos~e~sion. ~itu-
•rte in the county of ST. LUCIS
~nd State ot Flotida. descritxd ac followx:
Lot 173, SHERATON PLP?7~P?. UNIT THREE, Replat,
according to the plat thereof as recorded in
Pla~ Book 16, Page 12, of the Public Records
of St. Lucie County. Florida.
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Togelher with all ,tructurec anJ impro~•ement~ nuw and hereafler on wid land. anJ fixWres attxhed Ihereto. and all rents, iscuec. pro-
~ ceed~.:~nJ profitti accruing and ta accrue from caid premises_ all of which are included within Ihe toregoing Jeccriptiun and the habendum there-
of: alco all gati. steam. electric. water_ anJ other heating. c~wking. retrigerating. lighting, plumbing. ventilating. ir~i~ting, and ~wwer .y.lems.
machines_ •rppliances. fi~turec. and appunenanres_ which now~ are or may hereaher pertain ta or tx u~ed with_ in. or on ~•riJ premises_ even
though they be JetacheJ or delachable.
TO HAV E ANDTO HOLD the same. together with all ~nd singular lhe tenement~. hereditamentti anJ appurten•rncec thereunto helonging i
.~r in an} w i,e ap~?rriaining. :mJ thr rcvrniun and re~~tr~ium_ remainJer or remainJerc. renh. ititiueti. anJ prufitc ~hereot. anJ al~o all thr e.1:~te. g
right. title. intere~t. t?ome.tead. dower anJ right u( Juwer..eparate e.tate. ~w~~e~.iun_ cl:~im anJ Jemand ~hat~oever. a. M•ell in law a~ in eyui- i
t~ .~~f the .aiJ murtg:+gor in anJ to the .ame_ anJ every part Ihereof _ w ith the appurten:mre~ uf the .aiJ mortg:+g~x in anJ tu ~he .ame_ anJ e~ er~
parl anJ parcel thereuf unta the wiJ mortg~gee in fee .imple.
:~nJ Ihe martg:~gor h~reh~~ awen:mt. W ith the murt~;agee thal he i, indetr:~.ibly ,ei~eJ u( .aiJ land in frr ,implr: Ihai hr ha. full puwer
:mJ lawful right to comey the +ame in (ee tiimple a~ aforesaiJ: that it .hall t?e law ful for the morlFagee_ at all ~ime+ peaceahly ~nJ quietly to en-
~er u~x~n. holJ. ixcupy.:+nJ enjoy wid IanJ. and every part Ihercof: Ihal tt?e I•rnJ is and will remein (ree from all encumbr:~nce+: Ihat ~aid mon-
gagocwill make wch furthrr a~wranceti ta prove the fee ~imple tille to caiJ I-rnJ in saiJ miatgagee as ma}• be rea~onably requireJ. and that +:iid
mortgatior dce~ hereby fully warrant the tilk to,aid IanJ_ anJ every part t!?ereo(. anJ wil) Jetend the tiamt againu ~he lawful claim~ af all {+er-
.onc whom~oever.
PROV IDED AI.VVAYS. anJ lhetie precent~ :+re e~ecaled anJ delivered upon the follow ing conJitiom. to wit:
'ihe murtgagor agrees to pay thc mortgagee. or orJer. the principal wm o~EVEI3TEEN THOUSAND SEVEN HUNDRED FIFTY 6~
;?;},ZQp„~~,~~. ~S ~ 7~0 . 00 ac evedenced hy a note of ~ve i~ gherewith. with interest t~om d•r~e at the
r~te et EIGH^t AND ONE-i~ALr' per rentum 1 ~d :1 per annum on the unpaiJ balance
~mtil paid. The said prirxipal and iotere~l .hall tx pay•rble a1 the olfice u( NATIONAL HOMES ACCE PTANCE CORPORA T I O N,
Earl Avenue at T~lallace, Lafayette, Inciiana 47902
or at .uch utFxr place ac the hoWer o( the note may ~+ignate in a riting. in monthly imtallmenls o(
pNE Hi1NDRED THIRTY-SIX AND 50~100 tk~llarcl5 136.~0 ~_rommenringon
the fint Jay of JtJj~ ~ A~ D~ •~y '~L~ anJ on the fir~t day of earh m~mh thereafter until ~he-~ri~cip:J and
interev arc tully paid. ercepl that tFx final payment of prirxipal and imerest, i( not c~x~ner paiJ. ~hall he due and p:+):~bk on the fir~t Jay i~f
MAY, A. D., 2004.
.And +hall duly, promptly. anJ tully ~+ertorm. JiKharge. e~rcute. efTect. rumplete. :+ad ~umply Nith and abide b~ each anJ every Ihe stipu-
I:uiun.. agreements. condition~. and covenanl~ of .aid pr~~mi..ory note :md nf ~hi~ marlFage. then Ihi~ mortgage :md Ibr e~tate herehy createJ
.hall cea~e anJ he null anJ voiJ.
AnJ the mortgagor tunheucovenant. a. (ollow~:
I. 71rrt he wiU pay~ Ihe inJehlcJne«. :+ti hereinF+e(~~rc pr~~viJcJ. Pri~iletic i. re~e~~eJ li. pay the Jeht in whole. ur in an amoum equa) to one
ur m~~re monlhl~~ payment~ on the principal Ihat are nert Jue on ~he note. on the F.r+t Jay u( any month prior t~~ mat t~ PruviJed. bow~c~~er.
tbal a rilten natice ut an intrnliun tr r~erci.e w~h pri~ ilcgc i, ~i~cn a~ ka.l thirly 1?Ill day. priur tu prrpa~ mcnt. OOK PACE ~oo~
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