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HomeMy WebLinkAbout0417 ST-31,921 ~ ' sWD ~16761S / FHA No. 094-085835-103 . STATE OF fLORIDA ~ FHA FORN NO 2110 Y ~ ' This form is used in connection with mort~a~es insursd under ths R~.~s~ Oow?« N72 one~ to four-lamiy provisions ot : 305133 ~ Natio~al Houainp Act. ~ MORTGAGE ~ ~ a t j THIS MORTGAGE, au~a lst a.y or April . A. D. 19 T 5 , ey ~a, ; between RUBY ~HODES ~ 8 8ingle adult ~ he~einatter caliod the mort~or, and STOCKTON ~ WHATLEY ~ DAVIN 6 COI~~ANY ~ t , a corporation organizod and existing under the iaws ot Stgtg o~ Florida ~ , hereinatter calkd the mortgasce, ~ Ni1TNESSETH, that tor diven good and valuabk consideratia?s, and also in considention ot the aggregate wm named in the promisso- ry note hereinaftu described, the said mortgagor does hereby gant, barg,ain, setl, alien, rcmise, rekase, convey, and confirm unto tlx ~aid ~ mortgagee all that certain piece, parcel, or tract ot land ot which the said mortgagor is now seiud and posussed and in actual possession, situ- ? ate in the countv ot St. I.ueie ~ p and State ot Fbrida. described u tolbws: ~ _ . ~ i~3~ - 807- o~"~ - ~~p _ ~ Lot 296, SHERATON PLAZA, UNIT FOUR, BEPI.AT Q o according to the Plat thereof, as recorded - in Plat Book 16, at page 18 of the Public A G~ Records of St. Lucie County, Florida. E ' C d Together with the follo~ring items of property ~c~ _~~t I d which are located in and permanently installed ~ r tiN ; = as a part of the improvements thereon on ~ a~~~ 191~• ; L~ ~ . o : < y said land : . ~Ei~ ~ ~R ~ p~ ~ i 4' t" ~~,~.~t i F ~ ~ ~'ge ~~,~1~~~~~ Sl,tcz'~ ~ ~ z ~ ~ ~f~- ~:~n The express enumberation of the foregoing ' items shall not be deemed to limit or restrict ~Q a the applicability of any other language describing ~ in general terms other property intended F to be covered hereby. ~ ~ ; STATE DOCUMENTARY STA1~S AFFIXED TO THB ORIGINAI. NOTE AND CANCELLED. ~ Together with all stnictutes and improvements now and hereatter on said land. and fiztures attached thereto. and all rents. issues, pro- ~ ceeds, and profits accruing and to accrue from said premises, all of which are included within the foregang dluription and the habeRdum there- E of: also ali gas, steam, electric. water, and other heating, cooking, retrigerating. 6ghting, plumbing, ventilating, irrigating, and power systems. t ~ machines, appliances. fixwres, and appunenances, which now are or may hereafter pertain to. or be used with, in, or on said premises, even ~ though they be detached or detachabk. ~ . TO HAV E ANDTO HOLD the same, together with all and singular the tenements. hereditaments and appurtenances thereunto belonging ~ or in anywise appenaining, and the reversion and reversions, remainder or remainders, rents, issaes, and profits thereof, and also all Ihe estate. ~ right, titk, interesl. homestead. dower and right ot dower, separate estate, posussion, claim and demand whatsoever, as well in law as in equi- ~y. of the said mortgagor in and to the same, and evcry part thereof, with Ihe appurtenances of the said mortgagor in and to the same, and every part and parcel thereof unto the said mortgagee in fec simple. AnJ Ihe mortgagor hereby covenants with Ihe mortgagee that he is inde(tasibly seized uf said land in tee simple; that he has full power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful tor the mongagee, at all times peaceably and quietly to en- ~ ter upon, hold. cecupy. and enjoy said land, and every part thereof: that the land is and will remain tree from all encumbrances; that said mort- ~ gagor will make such further assurancu to prove the fee simpk titk to said land in said morigagee as may be reasonaE?ly required, and that said ~ mortgagor does hereby fully warrant the titk to said land. and every part thereof, and will defend the same againsi the lawful claims ot all per- ~ sons whomsoever. ~ PROV IDED ALWAYS, and these presents are ezecuted and delivered upon the following conditions, to v?it: ` ~e mortgagor agrees to pay the mortgagea or order, the principal sum ot NZNETEEN THOUSAND '1'WO HUNDRED FIFTY Se NO/ 100 ~ Dollars (S i9 ~ 25Q. QD as evidenced by a nole of even date herewith, with interest from Jate at the ¢ rate ot $eVeII b Three-Quarters v« ~~~wm t 7 3/4 per annum on the unpaid t?alance ~ ~ until paid. "Il~e said principal and interest shall tx payabk at the office of $tOCiCtOIi ~ Whatleq, D8V~II Slld CO~SII~1 ~ 100 West Bay Street, Jaclcsonville, Florida 32202 ~ ~ or at xuch olher place as the holder of Ihe note may designate in writing, in monthly installments of ONE HITNDRF.D THIRTY EIGflT ' AND 02~ 100 Dollars (S 138.02 commencing on ~ tFx first day of I'IAY . 1975 : and on the first day ot each month thereafter until the principal and interest are tully paid. except that the fina) payment ot principal and interest, if not soonet paid, shall be due and payabk on the firsl day of ~ ~ - AP~~I. ~ Z~5 ' ci ~ And shall duly. promptly. and fully pertorm, discharge, execute, effect, compkte, and comply with and abide by each and every the slipu- ~ ~ lations, agreemrnts, conditions. and covenants of said promissory note ~nd of this mortgage, then this mortgage and the estate hereby created ~ shall ceax and be null and vad. And 1he morigagor further covenants as follows: ~ 1. That Ix will pay the indebtedness, as hereinbetore provided_ Privikge is reserved ~o pay the debt in whok, or in an amount equal to ont "o° or more monthly payment~ on tF~e principal that are next due on the no1e, on the first day ot any monlh prior to maturity: Pro~•ided, however. °aD that written notice of an inteotiun to ererciu such privilege is given at least Ihirty (30) days prior to prepayment. _ ' -w," Yr~.. ~ ~ ~ - a _