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HomeMy WebLinkAbout0008 ~ 291'~0~ ~ : ~ STATE OF FlOR10A - This fam is used in connection FHA fORM NO 2110 m wiih mortgages insured under the R~vls~d I~Aorch 1972 FHA Loatt #094-082036-203 to tour-tamiiy provisions ot the National Housing Act. ~ MORTGAGE TNI$ A10RTGAGE, datod the FIRST day . A• D. 19~~ , by and between ORI.ANDO LLANOS a~td ALINA I.I.ANOS ~ h1s ~tl.f e ' hereinafter called the mort~asor• and STOCRTON, WBATLBY, DAVIti b CO!lPANY . a caporation or~anized and existir?~ unde~ the laws of StBte of F10Iid8 ~ . I~ereinafta callod the martsagee. WITNESSETH, that [or diven good and valuable considerations. and also in consideration of the agsregate sum namod in the promissory aote hereiaafter dacribod. the sa~d mort~a~or doa l~ereby grant. bar~ain. sell, alien. remise. relau. convey, and confirm unto _ the said mon~agee a0 that cenain piece, parcel. or tract d.land of which the said mortgagor is now seizcd and pos.ussed and in actual possession. situate in tAe county of St. Lueie and State of Florida describod as follows: ~ Lot 13, Block 3 PINBCRBST BSTATB3, UNIT ONE, a Subdivision ~ according to the Plat thereof, as recorded in Plat Book 16, 91 at page 34 of the Public Records of St. Lucie Couaty, Florida. Together ~rith the folloKing itetis of property ` which are located in and pet~aaently installed as a part of the improveaents tlureon oa said land : ~ t~ . q .10 ~ ~ ~ a ~ RAPGE: CHAMB~S DDC-4700 ~ ~`~C~ ~~'c~s ~ ~~1~• ~J'!/ DISH WASHLB: 1+1AGIC CHEF WD 153 ~Ct1S~ R'n FUBNACB: CABRIHR 58G008Q ~~,~it 10. ~ t7D» FU. w~„P-- u~ ~ ~ o AIH COIIDITI6NBR: CASRIEB 38GS ~ q t- ~ T6e express enumberatiaa of the foregoing items ahall not be deemed ~ to li~it or-restrict the applicability of any other laaguage describing -'~°z in general ter~s other property intended to be covered hereby. -a ' ~ , ~ ~ ; . ~ gTATE Y ST~S AFFI%SD TO THE ORIGINAL NOTB AND CANCELLED. ~ Togcther with all structures and improvements now and hereafter on said land, and fixtur~s attached thereto. and all rents. issues, ~ proceeds, ancl profits accruing and to accrue l~om said premises, all of which are included within the foregoing description and the habcndum thereof; also all gas. steam, electric. water, and other heating, cooking. refrigerating, lighting, plumbing, ventilating, irrigating. and power systems, machines, appliances. fiatures, and appurtenances, which now are or may hertafter pertain to, or be used with, in, or on said premises. even though they t+e detached or detachable. TO HAVE AND TO HOt.D the same, togtther with all and singular the tenements. hereditaments and appurtenances thereunto belonging or in anywise appertaining, anJ the reversion and reversions, remaind~r or remainders, rents, issues. and profits thereof. and also all the estate, right, title. interest, homatead, dower and right of dower, xparate estate, possession, claim and demarni whatsoever, ac w•ell in law as in equity, of the said mortgagor in and to the sar~e, and cvery part thereof, with~the appurtenances of the said mortgagor in and to the same, and every part and parcel thereof unto the said mortgagee in fee simple. And the mortgagor hereby convenants with the mortgagee that he is indefeasibly seized of taid land in fee simple; that he hac full power and lawful right to convey the same in fee simpleas aforesaid; that it shall be lawful for the mortgagee, at all times peaceaWY and quietfy to enter upon, hold, occupy. and enjoy said land. and every part thereof; that the land is a~xi will remain frce from all encumbrances: that said me>rtgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be reasonably required. and tbat said mortgagor does hereby fully w~arrant the tide to said la~, and every pan thereof, and will defend the same against the IaM~ful claims of all persons whomsoevcr. gnd IIO~1~ ~ PROV IDED ALWAYS, and these praents are eiecuted and delivercd upon the folbwing conditions, to wit: The mortgaBor agrea to pay the mortga~ce, or order, the principal sum of 1ti1ENrY SEVEN THOUSAND TE~EE ~i[JI~RED FIF~Y ga Dollars-IS 27s350. as evidenced by a note of even date herewith. with interest from date at the rate of $eVCII b T~1r@e Quartere per cenwm ( 7 3~~? %).per annum on tht unpaid balance until paid. The said principal and interest shall be payable at the office of $tOCktOA~ Nhatley, DSV~II b~ C0~8II}1 100 West Bay Street, Jacksonville, Florida 32202 v~ or at wch othe~ place as the holder of the note may designate in writing, in monthly installments of Qj~j~ H~JIdDRED NZNSl~Y SIX ~ and 10/1 ~~~a~ ~s 196.1 commencing on , 19 , and on the first day of each month thereafter until the principal the first day of N~~er 7~ and interest are fully paid, except that the final payrteent of principal and interat, if not sooner paid, shall be due and payable on the first aay or October ~ 2004 ~ ~ And shal{ duly, prompdy. and fully perform, discharge, execute, efTect, complete, and comply with and abide by each an every the stipulations, agreements, conditions. and covenants d sa~d promissory note and of this mortgage, then this mortgage and the estate ~ hereby created shalf cease and be null and void. And the mortgagor further covenants as follows: , 1. That he will pay the indebtedness. as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an amount equal -ti to one or more mvnthly payments on the principal that are next due on the note, on the first day of any month prior to maturity: % rovided. however, that written notice of an intention to eXercise such privilege is given at least thiriy 130) days prior to prepayment: and, provideJ furthcr, that in the event the Jebt is paid in full prior to maWrity and at that time it is insured under the provisions of the National Housing Act, he will pay to the mortgagce an adjusted premium chargt of one per centum (1 ) of the original principal amount thereof. e:cept that no adjusted premium chatge shall be due or payable ~~here payment in fu:l is made after the due date oi the 1201h ~ scheduled payment and in no e~•ent shall the adjusted premium e~ceed the aggrP¢ate amouot of premiam charges N~hich Nould have been payable it this ~tortgage had continuPd to be iasured until maturity, such pa~:nPnt to be applied by the mortRegee upon its vbli~tatioa to the Secretary ot Ilousin~ and Crbaa De~•elopment oa accouot o( mortgaRc insurance. . 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