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HomeMy WebLinkAbout0008 . ~ i a STATE OF FLORIDA i FMA FORY NO Z1~0 Y I This form is used in connection f R.~~•d Osww. H7! with mort~a~es insured unda~ tM ; 2~+C3 ons- to tour-tamiy p~ovisions of i the National Housin~ Act. MORTGAGE ~ THIS MORTGAGE, dated ~he 2 4 t h day of ~I/ ,/1. D. 19 7 E'j , by and, ~cw«~ AMOS SLOME and VERDELL SLOME, his wife hereinattc~ calkd the mongasor, and MOLTON, ALLEN & WILLIAMS, INC. corporation o~aniua ana ex~uin~ under tne aw: ot A1 abama . hercinat~er calkd tNe mortg,agee, W1INESSE7'H, that to~ diven good and valuabk considerations, and also in considention ot 1he ag~regate wm named in the promisso- ry note hercinatter described, the said mortaagor does hereby grant, bargain, sell, alien, remise, rekau, convey. and confirm unto the said mortgagee all that certain piece, parcel, or tract ot land ot which the said mortgagor is ~ow seiud and posussed and in actual possession, situ- ate in the countv oi St . Luc ie and Stue ot Fbrida, described as tolbws:~ Lot 272, SHERATON PLAZA, UNIT FOUR, REPLAT, according to.the plat thereof as recorded in Plat Book 16, Page 18 of the Public Records of St. Lucie County, Florida. ~ ~ 3~ - ~l~ 7 D03 l~ --1Sd ~ This mortqage is executed and recorded to replace the mortgage between the parties dated March 24, 1976, filed April 2, 1976 recorded O/R Book 250, page 2065 public records of St. Lucie County, Florida. ~ ~ ~ ~ ~e~~~90""` ~`n. , ~ p1E ON d1~~ ~fq~jl-13;. ~s ~ 1971. ~'jl~ ~ - ~ 1 MtS INSTRUMEJR MAS ~ ~ ; PURS11l~t ppGfR PO(tRl~ i - LOUtS L SUPRINA. Atbor~w~l st. u~~ ~ i~ f. a wx ira4, MwteR ww~ eA~o~ ~ p fwc c~aa~ E - ~ + i ~ Together with all structures and improvements now and herea(ter on said land, and fixtures attached thereto, and all rents, issuts. pro- ~ cceds, and profits sccruing and to xcrue trom said premixs, all ot which are included within the foregang description and the habendum there- , ot: also all gas, steam, ekctric, wate~, and other beating, cooking, retrigerating, lighting, plumbing, vc~tilating, irrigating, and power systems. ~ machines, appliances, fixtures, and appurtenances, which now ue or may hereafter pertain to, or be used with, in, or on said premius, even ~ ~ though they be detached or detxhabk_ ~ TO HAVE ANDTO HOLD the same, toge~her with all and singulu the tenemEnts, hereditaments and appunenances thereunto belonging ~ ~ or in anywise appertaining, and the reversion ~nd reversions, «mainder or remainders, rents, issues. and profits thereof. and also all tht estate. ~ right. titk. interest. homestead. dower and right o( dower, separate estatc, possession, claim and demand whatsoever, as well in law as in equi- ty, of the said mortgagor in and to the same, and every part thereof. wilh tbe appurtenances ot the said mongagor in and to the same. and every ; ~ part and parcel thereof unto the said mortgagee in tee simple. ~ ~ Aru1 the mortgagor hereby covenants witb tF~e rortgagce that he is indefeasibly seizcJ of said land in tee simple: that he hac tull power ~ ~ and lawfut rig~t to convey the same in fee simple ax aforesaid: that it shall be lawful for the mortgagee, at all times peactably and quietly to en- ~ ter upon, hold. occupy. and enjoy said land. and every part thereof; that the land is and will remain free irom all encumbrances: that said mort- ~ ~ gagor w•ill makc such further assurances to prove the fee simpk titk to said land in said mortgagee as may be reasonably required, and tha~ said ; ~ mortgagor does hereby fully warrant thc titk to said land, and every part thereof. and will defend tF~e same against the lawful claims of all per- ~ sons whomsoever. ; PROVIDED ALWAYS. aod these present~ are eaecuted and deli~ercd upon Ihe following conditions, to wit: ~ s The mortgagor agrees to pay thc mortgagee. or order, the principal sum of ~ o~na~S~s Seventeen Thous, nd Fivg H~ndred--- 1') ~ 5 ~ 0 ~ as evidenced by a note of eveo date herew~~, w~~ interest (rom date at the ~ ratc of Eight & sevent~- f ive/100 per ccotum ( 8~ 7 5 9fc? per annum on the unpaid balance ~ until paid. The said pnncipal and iMerest sh• be payabk at the office of ~ Molton, Allen & Williams, Inc. _ ~ ~ or at such olher place as the holder ot the note may designate in writing. in montbly installments of One Hundred Thirty- ° Seven & 73~1.00-------------------------- Dollars(S 137.73 ).commencingon ~ the first day of ~y . 19 7(, and on the first day o( each month thereatter until the principal and ~ ~ intcrest ue tully paid, except that the final payment of principal and interest, if not stwner paid, sha0 tx due and payabk on ttrc fint day of ~ ~ Apral 2006. : ~ And shall duly. promptFy. and fully peNorm, discharge. execute, eBect. compkte, and compfy with and abide by each and every tFie stipu- ~ ~ ~ lations, agrcements. conditions, and covenants of said promissory note and of this mortgage, then this mortgage and 1he estate hereby created ~ shall cease and be null and vad. + ~ And the mortgagor turther covenants as follows: ; ; 1- That he will paY the indebtednus. as hereinbefore provided. Privikge is rexrved to pay the debl in whok, or in an amount equal to one ~ or more monthly puyments on the principal ihat ue nezt due on the nott. on the first day ot any month prior to mawrity: Provided. however, ~ ~ Ihat writlen ndice of an intrntion lo exerciu wch privikge is giveo at kast thirty (l0) days prior to prcpayment. ~ ~ ~ . _ti ~ ~