HomeMy WebLinkAbout0247 ST-29.563
. SWD /176892 ~ ~ ~
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gHA I.pAt~i t094-082021-103 ,
STATE OF fLORIDJ~ fhis form is u~ed 'en cocv~ection
FHA FORM NO ~110 a~ with mort~ages ~nsured unde~ the
one- to tour-family ptovisions of
a.~~:.d µo.eA 1972 the National Housing Act.
MOR'~GA~E
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THIS MORTGAGE, daced the F~BST ~aY ~ AUGOST • A• D. 19 7~ , bY +uti.i
~~WK~ i.BOr~n Jo~soH~a a~ L. ao~soH, tae w~.~e •
hereinafier called the mort8a8or. and 1 l~?~'
S10CKTON s NBATLEY s UAVIII 6~ COl~ANY
. a corporation organized and existing undtr the laws o[ Stat@ O~ Fl0l1d8 ~
. hereinaftet callcd the martgagee.
WITNESSE~H, that for divers ~ood and valuable co~identi~ns, and also in considcration of the aggregate sum named in tAe
promissory aote hueiaafler describod. the said mt?rtga~r does hereby ~rant. bugain. sell. alien, rcmise. ~elase. convcy, and confirm unto
tGe said mortgagee all thst cenain piece. parcel. ur tract :~f land ot which the said mort~o* is now seized and poasessed and in uwal
possession, situate in the county oi Lucie
and State of Florida. dac~ibed u fdlows:
Lot S, Block 2, YINECREST BS?ATBS, UNIT ONB, a Subdivision .
according to the Plat tbereof, as recorded in Plat Book 16, /
at page 34 of the Public Records of St. Lucie Couaty, Florida. ~r
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Together vith the follvving ite~s of property ~q.~~"~
arhicb are located in and permanently instslled as a part ~.j°~y~,~
~r ~~t~s A ~.T
of the isprov~nte thereoa on said land:
RA~1GB: CHAMBBR.S ~DDC 47~0 ~ ~f9~~~~~
DISH NASH~: MAGIC CE~F #WD 153 ~ q~
FQBNAiCB: CASBIBR #58GC080 ~
o AIB CONDITIONEB: CARBIBR i38GS
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~ The eupress enuaberation of the foregoing ite~s sla~~ not be deeaed
to li~it os restrict the applicability of any other language descri~ing
a~~ o in general terais oLher praperty intended to be covered hereby.
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1 STATE DOCQ~TA~ St~S AFFIXBD TO ?flS ORIGINAI. IiOTS !?tID CANCELLSD.
~ Togcther w~:t6 all structures and improvements now and hereafter on saiJ land, and fixtures attacheJ thereto, and all rents, iswes.
procecds, and profits accruing and to accn~e from said premises. all ot which are included within the foregoing Jescription and the
hatxndum thereof: also all gas, steam. electric. water. and dher heating. cooking, refrigerating, lighting. plumbing, ventilating, irrigating,
~ and power syslems, machines. appliances. fixwres, and appurtenanccs. which now are or may hereafter pMain to, or be used with, in, or
on said premises. e~en though they be d::ached or detachable_
- TO HAVE AND TO HOt.D the same, to~eether xith all and Singular the tenements. hereditamcnts and apQurtenances thercunto
t+rlonging or in any~~ise appertaining, an~ the reversion and revenions. remainder or remainders. rcnts. issues, and profits thucof, and
" " also all the estatr, right, tide. interest, homestead, dower and right oi dov?~er. separate estate. pus.+e~K?n, clair~ a~1 demand whatsoever, as
z y well m law at in oquity, of the said mortgagor in and to the same, and every pan thereof, with the ~T?purtenances of the said m~rigagor in
anci to the same, and every Fart and parcel thereof unto thc said mortgagee in fce simple_
And ~he mortgagvr herc by convrnants wi t h t h e m o r l ga gee that he is indefcatibly uized of said land in Ire simple; that he has full
r po~ver and tawful right co convey the same in fee simple u afo~esaid; that it shaU he lawful for the mortgagee, at all times peaceablY and
quietly to enter upon, hold. ~xcupy, and enjoy saicf fand, and every part thereof: that the land is and will remain free Erom all
rncumbrances: tha~ said m~xtgago: v?i11 make such further assura~es to prove the fee simple title to said land in 3aid m~xtgagee as may be
rrasonably requirnf, and that said mortgagor does hercby fully w~arrant the tiUe to said land, and every part thereof. and w~ill defcnJ the
~sne against the lav?fut claims of all persons whomsoever.
PROVIDED ALWAYS, and tbcse presr.nts are executcd and dcliverert upon the folbwing conciitions. to wit: IIO~1~
~~e mortgagor agea to pay the mortgagce. or order.lhe principal sum of ~TSNTY FIVE THOUSAND s S~~
l~oUa~s !S 25~7~.~Q az evidenced by a note of even date herewith, with interest from date at the
per centum ( 7 3~~ ) p~ annum on the unpaid balance ;
rate of $g`/~l b Three QuBTCeTB
uotil pa~d. The said princip3l and interest shall be payable at the offke of SLOCktOII~ ~18t1~1~ Davin ~ Cospany
100 Hest Bay Street, Jacksoaville, ~lorida 32202
or at such other place as the holder of the note may designate in writing, in monthly insrailmeuts of Opg p~ggp EIGHTY I~OUB
aad 27/100 - - - - - - - - - - - - - - - Dotlars (S 184.27 - - - - - - - - commencing on
the first Jay of ~~B~ . 1~(~ . and on Ihe firs! day of each month thereafter until the principal
anS interest are fully Qaid, except that the final payn~ent of principa! and interest, if not soona paid. shall be due and payable on the 6sst
day of $EPTE~MBE~~ 2~04
And shall duly, promptly, and fully perform, discharge, execute, efiect, complete, and comply with and abide by each and every
the stipulations, agreements. conditio~n, and covenants uf said promissorY note and of this mortgag0. then this mortgage and the ~tate
hueby created shall cease and be null and void.
AnJ the mortgagor turther a•venanls as follow~s:
I. That he µ~ill pay the incl.bteJness. ac hereinbefore provideci. Privilege is reserved to pay the debt in whcle. or in ar. amount cqual
to one or rn~re monihly payments vn the princiPal that are neat dut an the note, on the first day of any mon~h prior to maturity: /'ro?•id~d.
howevrr. that written notice of an intention to exercise such privilege is given at leatt thirty 1301 days pricx to prepayment: and. proviJeJ
further, that in the event the debt is paid in full p+iur to maturity and at thai time it is insured under thr provisio:n of the National
Huu~ing Act. he will pay to the m+~-tgagee an :riijusted premium charge of one per centum 11 af the cxiginal ~?rirwipal ama~nt thereof.
eicept that no adjusted prem~am char~e shali be due or payable ~chere payment eo tu:l ~s ma~e after tAe due datr o1 the I20th
~ciieduledpa ymeo: and in no Fvent shall ~he adjusted premium exceed the aqgreRate amount oi ptemium charges vchich N~ald na~e
Fr,•~n payable if thic 11ottRaRe had continucd to be insured until naturity, such paymcct to be applied by the monga~tee upon its
ub;iRation to ?he ~ecrrtan• ~f HousinR and l rtrau Drvelopment on a~couat o( mortga[Ce insorance.
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