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HomeMy WebLinkAbout1212 ~82~11'7 ~ ~ ~ . . STATE OF fIORIDA This form is used in connattion fHA fORM NO Z110 m No. 094~081848-221 wiih mo~ages insurM under the Revised May 1971 one- to four-family provisions of the National Housing Act• MORTGAGE THIS MORTGAGE. datod tAe jt~~t day of . A. D. 19 71` , by and between pg~ L. ~uig8 aud BBBIIICB KINBS ~ h1s vif a ' hKC~nafter callod the mortsagor, and STOCRTOi1, fi9A17.SY, DiAVI~I ~ t70t~AAI~ITY . a corporation orQanizod and existing unde~ the laws of Stata of Florida . hereinafter callod the mort~a~ee. WITNESSETH, that [or diven good and valuabie consideratio~s. and aiso in consideration of the a~regate sum named in the promissory note hereiaafter dacribed. the said mort~a~or does trcrebr ~rant. buBain, sell. alien. remise, relase, convey, and con6rm unto the said mortgaaee all that certain piece, parcel, at tract of land of which the said mortgagor is now seized and postessed and in actual po~sion. sitwte in the county of St. Y.tIC~! aad State of Florida. dacribed u follows: ~ NI M~lOR OF T1~ ouE ar cu~s ~ ~~r~ns~e~.E v~~ ?~rn, I.~t 295 S~1?t~ $I.AZA, UNI? Ff3U~, ~SPI.l1T ~ T!! t~l~ ~.i3i. ~3 Of 1~u1. according to the Plat thereof, as recorded ~R roirw~s p~~f in Plat Boot 16, at pege 18, of the Public ~ p~ ~ wc1E oo, Fu / Recorda of St. Lucia County, Fl,orida. Together vith the folla~ing ite~s of property vhich ara located ia a~d per~aaeatly inatalled aa a part of the iapraveaenta thereon an said land: RANGB: ORBON, MODBL Cr30, SERIAI. NUt~ER 3778 RANGS HOOD: MIAtII CAREY, 2~10DEL 3730 SPACE HFATER: DFABB()BN, MODffi. DVF-65 The emress eawberation of the foregoing ite~s sLall not be d~esed to lisit or restsict the applicability of aay othsr langua8e deacri~iag in general tesss other property iatended to be cavered hereby. v 0 ' w. STATS DOCUl~1TASY STA1~S AFFDC~ TO THE OBIGINAI. NOTS L~FD CJ~IiCffi.I.t3D. ~ Together with all structures and imp~ovements now and hereafter on said Iand. and fixtures attached thereto, and all rcnts. issues. proceods, 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, etectric, water, and other heating, cooking, refrigerating, lighting, plumbing. ventilating, irrigating, and power systems, machines, appliances. fiatares, and appurtenances. which now are or may hereafter pertam to, or be used with. in, or ~ on said prcmises, even though they be detached or detachablt. TO HAVE AND TO HOLD the same. together with all and singular the tenements, hereditaments and appurtenances thereunto ~ belonging or in anyNise appertaining, and the reversion and reversions, remainder or remainders, rents. issues, and profits thereof, and a15o all the c~tate, right, title, interest, homestead. dower and right of dower, xparate estate, possession, claim and demand whatsoever, as - ~ well in law as in equity. of the said morigagor in arxl to the came, and every part thereof. with the appurtenances of the said mortgagor in and to the xamt, and every part anJ parcel thereof unto ~he said mortgagee in fee simple. - And the mortgagor hereby convenants with the mortgagee that he is indefeatibly uized of said land in fee sirtq~le: that he has full , powu and lawful right to convey the same in fce simple as aforesaid; that it shall be lawful for the mortgagee. at all times peaceably and quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof; that the Iand ic and will remain free from all ' encumbrances: that saiJ mortgagor will make such further asturances to prove the fee simple title to said lard in said mortgagee as may be • . reawnably required. and that said mortgagor does hrreby fully warrant the ti11e to said land. and every part thereof, and will defend the same against the lawful claims of all per~ns whomsoever. - PROV IDED ALWAYS. and these prestnts are executecl and delivered upon the following conciitions, to wit: _ ; -O~iE THODSAND AND NO/100- - - The mortgagor agrees to pay the moregaBee. or order, the principal sum of 1XF•NTY - Dollars IS 21~Q~~QQ -~-~1• ~ evidenced by a note of even date herewith, with interest from date at the . rate of ~~~(~rters p~r centum 3~~ `~r ) Per annum on the unpaid balance until paiJ_ The said principal and interest shall be payable at the office of StpCktpn~ flbatley, DSV~iI SDd C04p8IIy1 100 Weat Bay Street, in Jacksonville, Florida vr at such other place as the holder of the note may designate in writing, in monthly installments of ~g g[J~~~ j?Zj~Y~ ~ 57/100- -----------DollarslSiS0.S7---------).commencingon the first day of J~ , 197l~ , and on the first day of each month thereafttr until the principal and interest are fully paid, eacept that the final payment of principal and interest, if not ~ooner paid, shall be due and payable on the first day of ~8j1 ~ 2~4 And shall duly, promptly, and fully puform, dischuge. eacecute. efTect, complete, and comply with and abide by each and every the stipulatiuns. agreements, conditions, and covenants of said promissory nWe and of this mortgage, thrn this mortgage and the estate 6ucby creatcd shall cease and be null and vad. And the rrwrtgagor (urther covenants as folluw~s: 1. That hc will pay the inJebteJnecs, as hcreinbefore provideJ. Privilege is reserved to pay the debl in whole. or in an amount equal w one or more rtwnthly payments on the principal that are next due on the note, on the first day of any month prior to maturity: !'rm•iAed, however, that written notice of an intention to exercise such privilege is given at least thirty 130) days prior to prepayment: and, provided further, that in the evcn! thc debt is paid in full prior to maturity and at that lime it is insured under the provisions ot the National Housing Act, he will pay to the mortgagee an adjusted premium charge of one per cenlum 11 ~Xc ) of the original principa! amount thereof, except that in no event shall the adjc sted prcmium exceed the aggrcgate amount of premium charges which would have been payable if the mort~age had continued to be insured until maturity; such payment to be applied by the mortgagee upon its obligation to tht Secretary of Housing and Urban Development on account of morlgage inwrante. ~ sooK ~E i210 - .~w-.. ~-N.~~ - ~~~au~ ~ ~ ~