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HomeMy WebLinkAbout1483 ' : - ~ : ~s~; t~ ~ STATE OF FlOR10A g~ I,p~ # 094..p79956-103 This form is used io connection FHA FORM NO 2110 m with mortgages insu~ed under the R•.Ia.d rro.el~ 1972 one- to tour-family provisions of the National Housing Act. MURTGAGE THIS AfORTGAGE, dated the FIR$T daY JULY D. 1971~ , by and ~~W«~ J/~S 8. ASHBU&1 and Mi0LLI8 H. ASHBURN, hia vife • hereinaRer callod the mortsa~or, and STOCKTON, i1HATLSY, DAVIN b CO1~AIiY . a corporation organized and existing uode~ tAe laws of StBte of Florida . hereinatter callod the mort~ee. WITNESSETH, that fo~ divers good and valuable considerations, aod also in consideration of the aggregate s~m named in the promissory note hereinaRe~ describod, the said mort8a~o~ does hereby ~rant. bugaia, sell, aliea, remise. relau, convey. and confirm unto [he said morigagee all thst certain piece, parcel, or tract of land ut vrhich the said mortgagor is now xized and posussed and in actual posscssion, situate in the ccwnty ot $t. ~cie and Sute of Florida, dacribod as tdlovvs: Lot 4, Block 4, PINBCRBST BSTATBS, UNIT ONS, a Subdivision _ accordiag to the Plat thereof, as recorded in Plat Book 16, at page 34 of the Public Records of St. Lucie County, Florida. Together vith the follawing ite~s of property vhich are located in aad per¦~anently installed as a part of the iaprave~aents thereoa on said land : o oF ~ ~ ~?.`IMENt ~,~}pERf'!. RAIIGE: ~APPAI'1 ~2~~25-29 _ 5 l~ pER~~~ ~9»~ DISfl WASHBR: TAPPAN 1492-906~ ~c~~~ 71~ttM~ ~ tp.. 44~ FURNACE: FEDDERS #301-649 9 AI8 CONDITIONER: FEDDERS ~DJ 207017 ~t~t ~ tl~~ The express eaimberation of the foregoing items sLall aot be deeaed to liait or restrict the applicability of any other language describing in geueral teros other property intended to be cavered hereby. STl,TE DOCUl+IS1~TrARY STAHPS AFFIRED TO T8E ORIGINAL KOTE AND CANCELLBD. f ~ Together wilh all sirocturts and impro~•ements now and hereafter on said land, and fixtures attached lhtretu. anJ all renis. issues. { proceeds. and profits accruing anJ to accrue from wid premises. all of w~hich are included within the foregoing description and the ~ ~ ~?abendum thereof; also all gas. steam. electric. w•ater, and o!her heating. cooking, refrigerating, lighting, plumbing. ventilating. ~rrigating, arx! power systems. machines. appliances. fixtures. and appurtenances. Mhich now are or may hereafter pertain to, or be used with, in, or _;j < un said premisec. even though they be detached or detachable. TO H~VF A1~D TO FiO1.D the s:.me, tagether with all and singular the tenements, hereditsments and appurtenanccs thereunto ~i txlonging or in anyw~ise appe~taining, anJ the reversion and reversionx. rcmainJer or remaindert. rcn~c, issues, and profits therrof, and - ~ alw aIl the ettate, right_ tiUe, interect. homestead, dow•er arxl right of dower. separate estate, pcxsession. claim anel demarxf whatsoever, as a j' - Nell in law as in equity. of the taid mortgag~x in aod to the same. and every pai-t thereof, with :he appurtcnance+ of the said nwrigagor in arxf to the same, aod every part ar?d parcd there~f unto the ~aid mortgagee in fee simple_ And the rtwrtgagon c~reby cum•enants with the mortgagee that he is indefcacihly sei~ed oC saiJ land in fer simple: that hr has full T i power an~ lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the rtwrtgagee, at all times peaceably an J~ yuiedy to e~~ter upon, hold. occupy. and enjoy saicl land. anJ rvery part thereof; that the larxl is arn1 v?ill remain frce from all ~ rncumbrances: lhat ~aid rtwrtgagor will maAe such funher assurances to pror•e the fce s~mple tiUe to said la~x1 in said murlgagec as may he rcawnably requireal. and that saiJ mortgagur does hercby fully warrant thr tide to caid lan~l. and every p.:rt thereof, anJ aill JefenJ the ~ame against the lawful claims of alt persons whomscever. ~~i PROV IDED ALWAYS, and these presents are cxecutcd and dclivcred upon the folbwing corniitions, to wit: ~ The mortgagor agrea to pay the mortgagee, or order, the principal sum oPjWgN'j'Y q'{~jp TgQjj$Aj1D~ NIl'TE AUNDR~ Slld IIO~1Q0 : y Z Oallan IS 22~9~.(~l l• ~ evid~nced by a note of evcn date herewith, w~ith ir.terest from date at the ~o rate of Sep~l 6 Three Quarters per centum l ~ g~y ) per annum on the unpaid balance A v uaul paid. The said principal and intetest shall be payable at the office of $tOC~CtOII~ Hhatley, D8Y~II ~ CO'mp8II31 _ ry ; 100 Nest Bay Street, Jacksonville, Florida 32202 ~ or at wch other place as ~he holder of the notz may designate in writing, in monthly installments of ~E HUNDRF~~ S~Y ~OUR ' ~ - - - - - - ~ and 19/100 - - - - - - - - - - - - - - - - ~Ilars IS 164.19 - - commencmg on trtc first day of ALlgugt . l974 . and on the firse day of each rtwnth thcreafter until tht principal ancl interest are fully paid. except that the final payment of principal and interest, if not sooner paid, shall bc due and payable oo thc first ~ a:~y ~r July ~ 200lf And shall duly, promptly. and fully petform, discharge. execute, etfect, complete, and comply with and abide by each and every the stipulations, a~eemenu. canditiorts. and covenants d said promissory no:e and d this mortgage, then this mortgage and the cstate hereby crcatcd shail cease and be null and void. :~nJ the mortgagor further covcnants as follows: 1. fhat hc will pay thc indebtedncss. as hereinbcfore proviJed_ Privilege is ceservecl to pay the debt in whole. or in an amount cqual tu une ur more rrr~nthly pa~ ments un the principal that are next due on !he nute. on che first day of any month prior to maturity: I'r.~~•ided. huwe~~er, that written nutice of an intention to e~ercitie wch privilege is given at least thirty 1 i01 days pricx to prepayment: anJ. proviJrJ furthcr. lhat in the e~ent the debt i~ paid in ful~ prior to maturity and at that time it is insured under the provision~ of the National Huming :1ct. he will pay t~~ thr mortgagee an adju+ted premium charge of ~~ne per centum 1!~'. 1 of the original principal amount thereof. c~cept that no adjusted premium chatge shall be due or pa~able ~.hcr~ paymcnt ~n tu:l made aftcr the due date oi tne I~Oth heduledpa cmentand in no c~~nt shall the adjustedpremium exceeJthe a~qre~ate amount of premium charRes rchich would ha~•e f,~~~n pavablc if thi. ~tortgaFP had continued to he insured until maturit~, such pa~•ment to be applied by the mott~taRee upoo itc obli~ation to the ~ecretan- of flousinR and l rban Dc~elopment on ac:ouot o( mott~ta~te iosur:~~rR 229 14V~ _ 800K PACE _ ; - ~ - .~a ~ . ~ ' - ' _