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HomeMy WebLinkAbout2366 , i . This form is uasd in connection 8TATE OF FLORIDA FMA FORM NOl110 Y with mort~~s insurod undu the R.~r~•d Oa.~w M72 o~e- to tour-hmiy provisions of FHA Loan No. 094-082788-203 th° t~act«'a~ H°us~n~ ~ct. . MORTGAGE ~ ~w~~ P'UR~1~ ~ ~(iE4 POItW?S ClEtllt CIRW~ ~K~' 00. ~ THiS MORTGAGE, dated the 1~enty~-Second day of M8y , A. D. 19 ]4 , by and. betwee~ Dffi~iNIS MACY and C.ANDAC$ NACY, hie Wif e hereina[ter calkd the mortga~or. and J. T. STHWABT HORTGAGB COIfl'ANY, INC. , a corpotation orsaniud and czistinj unde~ the laws ot F1oYid8 , I~einatter calkd the mo~tg,~ee. WITNESSETH, tlat tor divea good and valuabk considentions, and also in oonsideration ot the sg=regate wm named in the promisso- ry note hercinafter described, the said mortg~got does hercby grant. bargain, xll, alien, rcmise, rckase, convey. and confirm unto the said monaagee all that artain piece, parcel, or trut ot land ot which the said mortg,agor is oow uiud and possessed and in actual posussion, sito- ate in the countv ot St. Lucie and Stue oi Flo~ida. described as folbws_ y~~ Z, gZQCk 14= MARAVILLA PI.AZA, a Subdivision, according to the Plat thereof, as recorded in Plat Boot S, at page 44 of the Pub~ic Records of St. Lucie Couaty, Florida. . ALSO That part of Lot 70, MAxAVII.t.~?, a Subdivision, according to the Plat thereof, as recorded in Plat Book 7, page 31 of the Public Records of ~ St. Lucie Couaty, Florida more particularly described as follows: Beginning at the Northeasterly corner of said Lot 70, thence run West along the North boundary of esid Lot 70, 150 feet; theace run Southwest- erly along the Easterly bouadary of a 15 foot alley to a point on the South bouadary of eaid Lot 70, 150 feet West of the Southeasterly coraer of said Lot 70; theace run East along the South bouadary of said I.ot 70 to the Southeasterly corner of said Lot 70; thence rua Northeasterly along the Easterly boundary of said Lot 70, to the Point of Beginniag. ~ ,I Q ~ ~ ~Q ~ ~ o E t. J ~ J r~i ~ ~ ~ ~ . STATE DOCUM1:I~iTARY STAI~S AFFIXED TO THE ORIGINAL NOTE AND CANCELLF•D. r_ W Together with all structurcs and improvements now and hereaher on said land, and fixturcs attached tbe~eto, and all rents, issues, pra ' U ~ ~ ceeds, and pro6ts ucruing and to acerue from said premises, al) o[ which are included within the foregang description and the habendum t te- ot; also all gas, steam. ekctric. water, and other heating. cooking, tetrigerating, tighting. plumbing. vrntilating, irrigating. and power systems, machincs. appliances. fixtures, and appurteoances, which now ue or may Aereaftet periain to, or be used with, in, or on said promises, even though they be detached or detxhabk. TO HAVE AND TO HOLD the same, together with all and singular t1~e tenements, hercditaments and appurtenances thereunto bebnging ~ o or in anywise appertaining, and the reversion and reversions, remainder or remainders. rents, issues, and profits thereof, and also all t estate. J Q Z right. titk. interest, homestead. dower and right ot dower, separate estate. posussion. claim and demand whatsoever, as well in law as in eqw- ~ ty. ot the said mortgagor in and to the same. and every part thereof, with the appurtenances ot the said mortgagor in and to the same, and every n part and parcel thereot unto the said mortpgee in fee simpk. ? Q N nnti inc muri~oi ncrcby c:.ve~.a:.is ~i~~ tt~-. :RUrt~ae tls~! is i~[~?s}E'IY't~~eii ~f caid land in tee simQle: that Ix has full power u and lawtul right to comey tlx same in tee simpk as aforesaid; that it shall be lawful tor the mortgagee. at all times peaceably and quiedy to en- = ter upon, hold. occupy, and enjoy said land, and everv part thereof: that the land is and will remain free from all encumbrances; that said mort- ~ gagor will make such turther assurances to prove the (ee simpk titk to said land in said mortgagee as may be reasonably rcquircd, and that said mortgagor does hereby fu0y warrani the titk to said land, and every part tbereot. and will ~etend the same against the lawful claims ot all per- sons whomsoever. PROVIDED ALWAYS. and these presents are ezecuted and detivered upon the folbwing conditions, to wit: 71~e mortgagor agrees to pay the mortgagee. or order, the princival sum of ~$N1'Y-TI~TO ~ TEiOUSAND,TWO HUNDRID 6 NO/ 104- - Dollars (S 22 ~ ZQQ . QQ- u evidenced by a note of even date herewith, with interest trom date at the rate ot Eight b Three-Quarters • per centum 3~4 p~r annum on the unpaid balance until paid. The said principal and interest shall be payabk at the offict of J. T. Stevart Mortgage Compaay, ZI1C. 278~ S.W. Douglas Road, Suite ~303 in Miami,.Florida 33133 ~,o or at such other place as the holder of the note may designate in writing, m monthly installments ot Q~ ~jjjjQDjtED ~Njj~l'rY-$IX bc 25/l0U- - - - - Dol~ars(S 196.25- - - - -).commencir?g,on tlx fust day ot Julq ' 19~~i • ard on the first day of each month thereaiter until the principal and interest are tully paid, except that the fiml payment ot prinapal and iMerest, d not sooner paid. shall be due and payabk on the first day ot - June• Q94 And shall duly. promptl~y. ~ fully peAorm, dischuge. execute. etfect, compkte, and comply wiih and abide by each and every the stipu- lations, agreements. conditions, and covenants of said promissory note and of this morigage, then this morigage and tlx estate hereby created shall cease and be null and vad. And tt~e mortgagor further covenants as follows: I. 71u1 l~e will pay the indebtedncss. u hereinbefore provided. Privikge is reserved to pay the debt in whok, or in an amount equal to one or more monthly payments on the principal that ue nezt due on tt~e note. on tAe fint day of any month prior to maturity_ Provided. however. lhat written notice of an intention to exercise such privikge is given at kast thitty (30) days prior to prepayment. # . , f ~ - - _ - - - ~ .ii ~ ~