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HomeMy WebLinkAbout1177 ST-29,488 i4 ~ e t~ Sa'0 i~i76912 ' F i STATE Of FLORIDA g~lp LOAPI ~ 094-0820G1-103 This fam is used in comect~on . ~ FHA FORM NO Z110 m with rtwrtga~es inswM under the ~ R~vls~d M~e~c6 1972 ~36Q ~e- t0 f0u~•family prarisio~s of ~ :r the Natiooal Housin~ Att. . ~ MORTGAGE 7'~I~C 1AART(:AGF_ a.~ed ~he FIRST d~Y ~ JUI,Y . A. D. 19~l+ , by and netween LEN C. McCLF.NNY and NANCY C. McCI.~NNY, his wife ' heroinaRer callod the mortgssor. and - STOCKION, WHATLEY, DA11IN & COMPANY , a carporation organiud and existin6 uader the laws of State of FloYida ~ hereinaftu called the mort~ee. WITNESSETH, that fo~ divers good and vsluable consideratioas. and aho in coasideration of the aEErc~ate sum aamod in the promissory aote haeiaafter dexribed, thc said mort~a~or doGS herebf' ~rant. bargain. sell. alien. remise, rolase. convey. and ooafirm unto the uid mortgagec all that certain piece. parcel. or trsct of Iand of which the said mort8a~or is aow seiud aad posu.szed and in actud posxssion, situate in the county of St . LuCie ~ and State of Florida, describcd u fdlows: Lot 13, Block 6, PINECREST ESTATES, UNIt ONE, a Subdivision according to the Plat thereof, as recorded in Plat Book 16, at page 34 0€ the Publfc ~ear3s o~ St. :.::ci~ C~.~t7, F~.~Y{~~~ Together with the follo~ing items of propertq which are located in and permanently installed as a part of the improvements thereon an said land: RANGE : C~~ANSBERS ~DDG-4700 ~ p~ ~1f11!!tf OF Tl~ DISB WASHER: MAGIC CHEF #DW-153 ~ rEI1~011K ?NOtERii. FIIRNACE: CARRIER ~58GC0-80 w~T Tp qIM'IER 71•I31. 11CiS af 19IL ~<9 AIR CONDITIONER: CARRIER #38-GS-024 ~ / ~ ~ ~ ~ tJICE C0, ~ The express enumberation of the foregoing items shall not be deemed ~ to limit or restrict the applicability of any other language describing in general terms other property intended to be covered hereby. ; . ~ ~ j _ STATE DOCUMENTARY STAMPS AFFIXED TO TH~ ORIGINAL NOTE AND CANCELLID. ~ ~ j Together with all strucmres and improvements now and hereafter on said land, and fixwres anached thereto. and aU rents, iswes, ~ proceeds, and profits xcruing and to accrue from said premixs, all of which are included within the foregoing description and the Q o habendum thercof: also all gas. steam, electric, water, and othu heating. cooking, refrigerating, lighting, plumbing. ventilating, irrigating. ~ and power systems. machines, appliances, fiatures, and appurtenances. which now are or may hereafter pertain to, or be usnl with, in, or ~ on said premises, evrn though they be detached or detachable. g TO HAVE AND TO HOLD the same. together with alt and singular the tenements, hereditamcnts a~ appurtenances ihereunto ~ ~ belonging or in anywise appertaining, and the reversion and reversions. remainder or remaindera, rcnts, issues, and profits thereot, and also all the estate. right, title, interat, homestead. dower and right of dower. xparate estate, posscssion, claim and dema~xi whaesoever, u ; , ~ W well in law as in equity, of the said mortgaSor in and to the same, and every paK thereof, with the appurtenances of the said mortgaBor in ~ ~ a and to the same, and every part and parcel thereof unto the said mongagee in fee simpie. ~_J ~ And the mortgagor hereby convenants with the mortgagee that he is inclefeasibly seized of said land in fee simple; that he has full ~ power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee. at sll times pexeably and quietly to enter upon, hold, occupy, and enjoy said land, and evrry part thereof; that the land is and will remain Gee from all ` encumbrances: that said mortgagor will make such funher assurances to prove the fee simple title to said land in saiJ morigagee as may be reawnably requireJ: and that said mortgagor does hereby fully warrant the title to said land. and every part thcreof, and will defend the same against the lawful claims of all persons whomsaever. z PROV IDED ALWAYS, and these presents arc exccuted and delivered upon tht folbwing cornlitions, to wit: SAd IIO~ lOO 'The mortgagor agrtes to pay the moRgaBze. or order, the priacipa! sum d'~p'ry FOUR THOUSAND ~ 26INE h"1JIIDRED FIFTY r pollars 152~? ~ 95~. ~0 - ~ evidenced by a note of even date hcrewith, with interest from date at ihe y rate of SgVP.II ~ Three Qu8rteY's per centum ( 7 3~4 per annum on the uopaid balance - until paid. The said principal and interest shall be payable at the o(ficc of StOC1CtOII~ Whatley, Davin ~ Companq ~ 100 West Bay Street, Jacksonville, Florida 32202 ~ - or at such other Qtace as the hoMer of the note may designate in writing, in monthly instailmenu of ~~~D_e~~ ~IGHT 8I1d ~ 89/ 100 - - - - - - - DoUars (S 178 . 89 - - - - - - - ~~commcnc~ag on ~ , 19 , and on the first day of each month thercafter until the principal tne first day of SeptP.IDbeI' 74 ~ arxi interest are fully paid, eacept that the final payment of principal and interat, if not sooner paid. shall be due and payable on the 6rst day oi AuguBt ~ 2UQ4 ~ And shall duly, promptly, and fully perform, dischuge, ex~cute, efiect, complete, and comply with and abide by each and every the stipulations, ageements, conditions, and covenants of said promissory note and d this mortgage. then this mortgage and the estate hereby created shall cease and be null and void. ~ .4nd the mortgagor further covenants as follows 1. ~fhat hc µ'ill pay the indebttdness, as hereinbefure provided. Privilege is rt~ved to pay the debt in whole, or in an amount equal to one or more monthly payments on the priocipal tbat are neat due on the note. on the first day of any momh prior to maturity: /'rm•id~d. however. that written notice of an inteiUion to exercise such privilege is gi~en at Icast thirty ( 30) days prior to prepayment: and. provided ~ further. that in the event the Jebt is paid in full prior to maWrity and at that time it is insured under the provisiorss of the National - Housing Act, he will pay to the mortgagec an adjusted premium charge of one per centum 11 "i ) of the original principal amouni thereoi eacept that no adjusted premium charge shall be due or payable ahere payment ~n tu:l ~s made after the due date ot tne I20th ~ cchcduledpa yment and in no event shall the adjusted premiurr. e:ceed the aggregate amount oi ptemiam charRes which would have ~ b~en payable if this ~lortgage had r_ontinu~d to be insured until maturity, such payment to be applied by the mortgaRee upon its ot~liRation to the ~ecretary o( Nousin~ and l'rban Ue~~elopment on a~count of mort~age insaraoce. 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