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HomeMy WebLinkAbout2602 U ! ; • ~ STATE OF FLORIDA ' This form is usod in connection FHA FORM NO Z1t0 M with mort~ages insured unde~ ths R~vis~ OtN?w 19~! one- to lour-famil~r p~ovisions ol the Nalional Houslnq Act. MORTGAGE THIS MORTGAGE. dated the 3.6t~'1 day ot «.'~~~R . A. D. 19 7$ . by and. n~~w«~ BOBBY (i. JOHNSON and Zi~DIS B. JO~iSON, his wffe, hereina(ter calkd the mortgagor, and ~ITIONAI+ HOMS3 I~ICCSPTADTCB CORPORATION, Barl ~venue at wallace, Lafayette, Zndiana 47902, , s co~poration orga~ized and existi~ urwkr the laws ot t1'lA $t~t9 Of In~~a . ~rcinattercalkd the mortaagee. WITNESSETH, thal !or dive~s good and valuabk considerotions, and alw in consideration ot the ag~regate wm oameii in the promisso- ry note hercinatter desc~bed. Ihe said mortgagor does Aettby gnnt. bargain, sell. alien, rcmise. rekase, convey. and confirm unlo IAe said mongagee a0 thal cenain piece, parcel, ot tract ot land of which the said mortgagor is now seiud and possessed and in xtual possession, siW- ate in the county ot ST • 7~UCIS and State ot Fbrida. described as follows: Lot 199, SI~R~ITON P?,~Z~I?, UNIT THRBS, RBPLi~T, according to the plat thereof ae recorded in Plat Book 16, Page 12, of the Public Records of St. Lucie County, Florida. ~ * + * * * * ~ * * ~ ~ ~ , : ~~~a_ C`C~ ~ m_~ ~ ~ - ~ ~~g ~ ~ N t J ~ ~ ~ . ~ p N ~ ~iL~_ ~ ~ ~ ~ ~ O K ~ ~ ~ ~n~ C~ m ~~T ~ Q~* n'~~. ~i s~ 1~~1. N ~ 0 ~ ~ ~ . G. ~ 1 B i K Mi I~i1T 0011RT~ .~f. LIIC~ ~ R~ ~ = r cr C i i ~ { s Together with all strucwres and improvements nuw and hereattcr on said land, and fixwres attached thereto. and all rents, issues. pro- ~ ceeds. anJ prufits accruing and to accroe from said premius. all of which are includeJ within the foregang descripiion and tht hatxndum there- - ~ ot: also all gas, ucam. electric. water. and other heating. cooking. retrigerating, lighting. plumbing. ventilating. irrigatiag. and power systems. machines. appliances. fiatures. and appurtenances, which now are or may hereafter pettain to, or be used with. in. or on said premises. evcn ~ thuugh they be ddacheJ or detachabk_ TO HAVF AiVDTO HOLD the same. together with all and singular the tenements, hereditaments and appurtenances thereunto belon~ng ~ ur in anywice ap{+ertaining. and the reversion anJ reversions, remainder or remainders. rents, issues. and profits thereof . and also a~) the ectate. ~ right. titk. intere~t. humestcad. dower and right ot dov?•er, separate eslate. possescion, claim and demand whatwever. as well in law as in equi- ty. ~f the saiJ mortp,agor in and ta Ihe same. anJ every part thercof. with the appurtenances ot the said mongagor in anJ to the wme. And every part anJ p•rrcel tlxreof unto the wiJ mortgagee in fee cimple. ~ And ~he mort~gar hereby covenants with the mortgagee that he ic indeteasibly ~eized ot wid land in fee cimple: that he bac full {wwer ~ and lawful right to comey the same in tee simpk as a(oresaid: that it shall be lawful for the mortgagee. at all times peaceably and quielly to en- ter upon. hold. occupy, and enjoy said land, and every part thercof: that the land is and will remain free from all encumbrances; that said mort- gagor will make such further assunnces to prove the tee simpk titk to said land in said mortgagec as may be reasonably required. and lhat said ~ mongagor does hereby fully warrant the title to said land. and every part thereo(, and will defend the same against the lawful claims of all per- conc whomsoever. . ~ PROV IDED ALWAYS, and these precents are executed and delivered upon the folbwing conditions. to wit: The mortgagor agrees to pay the murtgagce. or orde~. lht principal sum of ~jw$~Y ~Qjj$~D NIN$ HUNDRED & NO~1~0 i t Ih~llar` IS 20 ~ 900 • Q~ 1. as evidenced by a nde of evcn date herewith. wilh interesl from date at the £ rate of pjlj$ per centum ( 9 ~iTr) per annum on the unpaid t+alance until paid. The said pri~ipa) and interexl shall be payabk a1 the ol6ce of D1~TIONAL HOd~lSS ACC8 PTANCB CORPORATION, ~ 8arl Avenue at Wallace, Lafayette, Indiana 47902, ~ . ~ or at such o~her place as Ihe Irolder of the note may designate in writing, in monthly installments of ~ ONS Ht7DTDRBD SIXTY-SIC~iT AND 25/100 po~~ars~i 168.25 1.commencingon o~ .c~'c the first day ot ~~M~R• D• . 197 5, and on the first day of each month ~Ixreafte~ until tfx principal and imerest are full ~d, exce t that the final a ment of rinci I and interest, if not sooner paid. shall be due and a abk on tfit fint da o( ~ Y Pa P P Y P Pa P Y Y ~ NOWBMBJ3R, A. D:, 2005. ~,p~ ~ And ~hall duly. promplly. and (ully pertorm, discharge. execute, eBecl. compkte. and comply with and abide by each and every the stipu- Ialions. agrtements, condilions, and cuvenantc ot said promissory nde and of this mortgage. then thi~ mortgage and Ihe estate hereby created ~ ~ shaU ceax and t?e nu{I and void. ~ ~ And Ihe morlgagot further covenants as follows: ~ 1. That hc will pay the indebtedness, as hereinbefore provided. Privikge is reserved to pay the debt in w~hole. or in an amount equal to one ~ cx more monthly payments on the principal thal are next dut on the note. on the 6rst day of any munlh prior to maturity; Providtd, hovvever. ~ thal written notice o( an in~entiun to etercice ,uch privilegt i~ ~iven at kast thirty 130) day. prior to prepayment. ~ ? ~ - - - - _ . - _...,s~ _