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HomeMy WebLinkAbout1920 51~11 ~ ;/08if8 ` ` ~i~{ - r STATE OF iLOR10A FtiA LOAN N0. 096-082017-103 Th~s tam is ~ued in camection FHA FORM NO 2110 a~ vrith mprtga~es insured unde~ the R.•I..d Mwch 1972 ct~e~ to faur-fslniy D~~sia?S Ot _ the National Housit~ Att. MQRTGAGE THIS MORTGAGE. datod ll~e FIRST day d SEPTF~'tBER . A. D. 19 74 , bY and between RODNEY P. BIACK Snd LIP:DA D. BIACK, his t~3.fe • ~ hereinaRer calkd the mart~..aor. and ` STOCKTON, WHATLEY, DAVIN b COHPAI~f , a corporation o~~auizod and esiuias unda thr Is»s d S tate of Florid~ . hereinafter cal{ed the mortsaiee. s WfTNESSEfH. that for divea 6ood and vduable ca?side~ations, and alw ia co~identioa o( the aaresate wm namod ie the promissory note Aercinafter describod. the said ma~a~or does bereb~r Ran~. bartaio. scll. alie0. remise. ~elase. convey, aad oonfirm uato the said m~rtpsee all that certain piece. parcel. or tract of land of which the said most~ it oo~r seizod and Passesxd and in xtual possession, sitwte in the county of St. Lucie and Statc of Florida, describod u fdlovrs: ~ ' LOt 1~ B1oCk 2~ PINECREST ESTAT~:S ~ 1PaIIT 0\'F. ~ a Subdivisioa according to the Plat thereof, as recorded in Plat Book 16, at page 34 of the Public Records of St. Lucie County, Florida. ~ g? ~ Together irith the follawing items of property ~ ~ ~ w6ich ar~ located in and permanently installed 1~~ ~ as a part o f t he i mpromen ts t hereon on sa i d lan d: _ O~ ~^p . : RANGE : CHAMBERS #DL'G-47U0 ~ ~ . ~ ~ DISH i~1ASHER: HAGIC CHEF #i~iD 153 t FURNACE: CARRIER #58GC080 ~ AIR CONDITIONER: CARRiT1t #38GS024 ~ ~ a The express enumberation of the foregoing items shall not be dee~d ~ to limit or restrict the applicability of any other language describing in general terms other property intended to be covered hereby. I STATE DOCU~ff.NTARY STAi~S AFFI%ED TO THE ORIGINAL NOTE AND CANCELI.ED. { ~ ' ~ Toaether with all strucwra and improvements novv and hereafter on said land. and fixtures attached therrw, and all rrnts. iiwes, ' r~ proceeds. and profits accruing and to accrue from said premises, all of which are inctuded vrithin tM foregoing description and the ~ = habendum thereoF, a!w all gas. steam, electric, water, and dher heating, ca~oking, refrigera~ing, tighting. plumbin6. ventila~ing. irrigating. and povrer systems, machioes, appliances. fixwrts. and appurtenances. w~hich now are or may haeafter pettain ta or be uscd with. in, or on said premises, even though thcy be detached or detxhable_ • u TO HAVE AND TO HOLD the same. togrther with all and singulu the tenementt. hereditamcats and appurtcnances thereunto belonging or in anywise apprrtaining. and the revenian and reversions, rrmainder or remaindcrs. rtn~s, issues. and proCns thereof. and i•~ ~ also all the estate. right. tiUe. interest, homestead. dov.•a and right of dow•er. sr.parate estate. possession. ciaim and dcmand whatsoever. as ' well in law ac in equity, of the said mortgagar in and to the same, a~xi every pan tbennf. vrith the appurtenances ~f the said mortgagor m ~ anJ to the same. ard every part and parcel thereof unto the said mortgagee in fee simple. ' ; .4nd the mortgagor hereby convenanu with the mortgagte that he is indcfeasibly xized o! said land in fce ximple: that he has full powet aad lavrful right to convey the same in fee simple at aforesaid; thu it shall be law~ful for the mortga6ce, at all times peaceably and quietly to enter upon. hold. cecupy. and enjoy said land_ and ercry part ihercuL• that the iarni i~ and will remain frce from all ~ encumt+rances: that said mortgagor w ill make such further assurances to prove the fce simple title to said larnl iw said m~tgaEee as may be reawnably required, and that said mungagor does hereby full~• ~+arrant the tidc to said land_ and every part therrnf. and will dcfcrni Ihe - sanx against the lawful claims of all persons whumscever. PROV IDED ALWAYS, and these presents are exceutod and delivered opon the fdbwing conditia~ns. to w~it: ~a~i d O ~0 ' The mortgagor agees to pay the mortgagee. or order, the principal sum d THEPITY FUUR THOIISAND YINE HLR1DRf~ P~~ , Dollars (S 2~?,950.Qa-~ 1. as evidenced by a note of evrn date herewith. Rith iaterest from datr at the ratc of SeveA & Three Q11~7Ct@IS ~a crntum 1 7 3/4 1 p~ annum on the unpaid balaixe until paid. The said Rrincipal and interest shall be payablc at thc office ~~f StOCktOtt~ ~v'~tleyli Davin b Company 100 West Bay Street, JacksQnvil3e, Florida 32202 * ~ or at wch other plxe as the holder of the note may designate in w~riting, in rnonthly irutallments oi Oh'E h~Jh'DRED SEVENTY EIGHT 3Ad 89/100- --------~~~ars tS 178.89 commcnc~~ on ~ the first dry o( ~~B~ . 19 74 . an~' on the first daY of each month thereafter until the principal a~rJ interest are fully paid, exccpt that the final payment of princ~pal and interw, if not sooner paid. shall ~e due and payabk on the first day oF SEPTII•.BER = 2004 And sfiall duly, promptly. and fully paform. discharge, execute. efTa~ complctc, and oomply with and abide by euh and every the stipulations, agreemenu, conditio~. and covenant~ of said promissory aote and d this matgage, theo this mortgage and the estate htreby created s.tialf cease and be null and void_ And the mortgagor further covcnants as follows: 1. "That he will pay Iht indebtedncss, a~ hcreinbef~re provi~lcd. Privilege is rGSCrved to pay the debt in whde_ or in an amcwnt equal to onc or rtwrc monthly payments un the princ~pal that arc neat duc on the note, on the firu day of any month prio: to matunty: 1'rns•id~d. however, that written nWice of an intention to exercise such p-svilege is given at Icast thirty 1301 days pri~ to Prepayment: and. prm~Kltcf funhe~, that in the event the dcM is paid in full prior to :r~aweity and at thal time it is imured under the prwisio~n ot the l~ational Nousing Act, he will pay to 1he mortgagee an adjusted prrmium charge of ont per centum ~ 1'`. r of the aiginal pri~cipal am~wm therrnf, eccept that no adjusted prrmium chargc shall be due or pa}able uhere pa~ment ~o 1u71 ~s made aftet t~e Au~ date oi tee 120th scheduledpa ~mentand io ao Pvent shall the adJusted premium eiceed t6e a~~tregate amount oi preminm charRes ..6ich would have ~ bePn payable i( thi~ ~lortga~e had continued to be insured until maturit~. suc6 Faymeat to be applied bv the mort~a~ee upon itc obli~ation to the ~ecretan of HousmR and I~rban I)e~etopment on accouot of mort~tage insuran~e. g~231 ~19~8 - ~ ~t,~-~ r _ _ _ . ~ _ .