HomeMy WebLinkAbout2838 8TATE OF FLORIOA '
fHA FORY NO Z110 M V This torm is used in connection
R~vt~d OchN. 1972 , with mon~ayes insured under the
one- to fou~-famiy provisions o1
~ ~ tM Nelional Houslnp Act.
i
- MORTGAGE ~ .
THIS MORTGAGE, dated the 9th day ot AUGII3T 75 . by a"d.
between THOMA3 3TORR? eqd ADDIS ~lEBLY $TURRYs h18 111fE
he~einatte~calkdthemortgagor.a~d NATIONAL HOME3 ACCSPTANCS CORPORATION, Barl Avenu~e
at Mallace, Lafayette, I~diene ~7902
, , a corporation organiud and existing under the laws of t~'18 $ t'r8 t@
OY Ind ia aa . hereinatter calicd the mo?taaEee.
WITNESSETH. that tor divcn good and valuabk considerations, and also in consideation oi ~he aggregate sum named in the promissa
ry rate hereinafter described, the wid mortgagor does hercby grant, t+argain. ~ell. alien, remise. rekau, convey. and confirm unto thc said
mortgagee all that cenain piece, parcel, or tract ot land ot which the said mortgagor is now seiud and possessed and in actual possession, situ-
ate in the couoty ot ST . LUC IS
and State ot Fiorida, described as follows:
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LOT 15, SHBRATON PI.AZA, UNIT TMO,
RBPLAT, accordiag to the plat thereof .
z~ as recorded in Plat Book 16, at Page 2
~ of the Public Records ~of 3t . Lucie
~ ° d County, Floride .
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~.,~n c`~ t>i~i Uf RE1iENJ'r~'` 3 ' _ ~ ~1RN~~x 1'lll.
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Together with all stnictures anJ improvements now and hereafter on said land. and fixtarcs attachcd thereto. and all rents, issues, pro-
~ reeds, and profits accruing and to accrue from said premises, all at which are included within the foregoing descriptiore and the habendum there-
~ of: also all gas, steam. electric. water, and other heating, cooking, retrigerating. lighting. plumbing, ventilating, irrigating. and power systems.
machines. appliances. fittures, and appurt:nances. which now are or may hereatter pertain to, or be used with. in. or on said premists, even
~houyrh they be detached or detachabk_
TO HAVE ANpTO HOLD the same. togNlxr with all and singuFar the tenements. hereditaments and appurtenances thereunto belunging
or in anywice •rppenaining. and the reverxiun and reversions. remainder or remainders. rentc, issuts, and profits ~hereuf. and also all the estate.
right, titk. intcrest. famestcad. dower and right of dower. separate eclatt. posse~sion, claim and JcmanJ wb:+twever. as well in law as in equi-
ty_ of the.aiJ mongagor in and to the wme. :~~d every part Ihereuf. with the appunenance~ of the said mortpagor in anJ to the ~ame. and every
part and pared thereot unto Ihe .aiJ mong•rgee in fee simple. ~
Arn1 the mortgagor herehy covenanl~ w•ilh Iht mortp.agte that ht is inJefeacibly ceizcd o( ~aiJ IanJ in tee simple: that he ha~ full power
anJ lawful right to convey the same in fee simple as aforesaid: Ihat it shall be lawful tor the mortgagee. at all limes peaceably and quietly to en-
~ ter upon. lwld_ occupy. and enjoy said land. and every part thereof: that tF~e land is and will remain free from all encumbrancex: that said mon-
~ gagor will make such funher assurance4 to prove ~he fee simple titk to said land in ~aid mortgagee as may be reasonably required. and Ihat said
mortgagor Joec hereby fully warrant the titk to said land, and evcry part theteof. and will defend tFrc same againsl the lawful claims of all per-
~ wnc whomsoever.
r PROVIDED AI.WAYS. and thece precents are executed and delivered upon tt~e (ollowing conditions. to wit:
~ The monpagor agrees to pay Ihe murtgagee. or order, ~trc principal sum ot ~jENTY ONE THOUSAND FIVE HUNDRED FIP"PY
~ •s N~ ~~brs IS 21 , 550 . 00 as evidenced by a note ot even date herewith. with interesl irom dale at the
~ rate o( E IaHT AND ONE -HALF per centum ( 8_1 ~2 per annum on the unpaid balance
until paid. "fhe said principal and interesl ~hall lx payabk at the uffice ot NATI~NAL HD~S ACCE~ANCE C~RPO~~IDN ~
~ Earl Avenue at Wallace, Lafayette, Indiana 47902
or at cuch other place as the holder of the note may designate in writing. in monthly installments ot ~a
Ilars IS 1. commencin on
~ ONE HUHDRED SIXTY FIVE AND 72/1U0-----------~ 165.72 g ~
~ the fint day of . 19 . and on the first day of each month tlxreafter unti111x principal and
OCT086R, A.D. ?5 ~
~ interest ate fully paid, except that the final payment of principal and interest. it not sooner paid. shall be due and payabk on the first day ot
SEPAIM'f~~I pf8~1~9 ~an~uZly~~erform. discharge. etecute. eBect, compkte. anJ comply with and abide by each and every the stipu- y~
la~ions. agreememc. conditions, and covenants of said promiscary nole and of thic mortgage. then this mortgage and 1he estate hereby created ~Q
~hall ceau anJ be null and void. ~
And the mortgagor furiher covenants ac follows:
~ 1_ That he will pay the indehiedness. as hercinhc(ore provided. Privikge is rexrved to pay tht debt in whole, nr in an amount equal to ont ~
~ or more monthly payments on tF~e prir?cipal tbat are nexl due an the note. on the firsl day o( any month prior to maturity; Provided, how~ever.
~bat written nvtice ot an intention to e~erci~e wch privikge i~ given at kau thirly 1?(11 day. priur to prepay ment. •
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