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HomeMy WebLinkAbout0869 ~ , _ , ~ ~ a~ t.~ ? . - . . . _ ~ 4 ~NA f011Y NO t110 Y ;~M This ~orm i; u~d in ~onn~ciion 1975 with mortpapN inwr~d ur?d~~ ttN Ilwt..~ ~~r . o~?~. a to~a-tsmtl~ provi~ions ot tM National Housin~ llct- ~ ~ MORTGAGE • . THIS MORTGAOE. d~?ted the 28tI1 d~y .J WIC . A: D. Iy~T .1?Y e~W. bttween pavi d Wi 11 i am SmT th and Debra E. Smi th, hi s wi fe. _ ~,ere~tit~er ~~ika ~n~ ~ac~or. ~ C i t i zens Fede ra 1 Ssv i ~gs and toan Assoc i at.i on of St . Luci e C~~ty .acorpwationorpnizedandexistiu~ualerthelawsof The United States of Ame r i ca - , txrein.rterc~Uea ~he mono~ce. WI'f N ESSETH: tAat fot divers ~ood and valuabk consideratioos. and alw in considentioo o( the a~regate wm named in the promisso- ry note lrcrci~tter described. tAe aaid mo~ar doea Aereby ~rant, bsr`ain. sell. alien. romise, rckase. convey. and con&m un~v the said ~ monp~ee sll ~i~t certain picce. pa~rcd. ot uact o( land ot which the said mort~gor is now seizedaad pwxssed and in actual possession. si~u- ate in 1he county of - and St•te ot Flwi~b. descril+ed u tolbwr. ~ii8 ~oS~ vv sw~ 'S~ :.~`r°. ~5: 1;7A F~` nf i A~ NARAV 11 1_A GAA~ENS ~ UNIT WiE, according to the.Plat the~eaf recorded in Plat Book 6, ~v'~ Pege 55, Public Rccords of St. lucie County, Florida. ` . ~ ~y ~ . ~ ~ a~.~errea a tr°'~ ~ ~ ~ ~ ~n' puE a' dJ~O aL, , ~taaa. ~s~ ~~L ~ A ~F - FF~IDA'~ ~ ~o„~ ~~as • b~ ~ DOCUMENTARY LSTAMP ?Ak?,~ ~~R pp~Iti~ ~i. t~ c-• QEPT. OF RE~E~i16 ~ - . . ~ 3~. 6 5 i ~ . - - ~ ~ 11102 ' - ~ ~ _ ~ Together with all suuctures and improvements now and Ixreafter o~ said tand. and fi~?Wrcs attacbed thercto. and all rents, iswes, pro- ~ ceeds, and profits sccruin~g and to accrue irwn said premixs. atl of which arc incWded witRin the fors~oir~ dcscription and tAe habendum there- of: also all gas. steam. ekctric. watu. and wl~er heati~. cookin~. retriseratin~. ti~htins. plumbing. ventilating. irrigating. and power systems. machines. appliances. fixtures. u~d appurtenaaces, which now aro or may Ixrcafter penain to. or be used with. in. a on said prcmises, even thougb they be deuchod or detachable. TO HAV E ANDTO HOLD tbe same. together with :JI and singular the tenements. hereditaments and appunenances thereunto bebnging ur in anyw~se yppena~mng. onJ Ihe revetsion an~f rever~ions. remainder or remainders. rents. issues. and profitc thertot. and alw aU tAe estate. right. titk. in~ercst. M?me~te~d. dower and right ot dower. xparate t~tate. po~sessiw~. claim and demaod whatsoever. ac well in lavr u in equi- ly. of tlx seid mort~or in and to the same, aiul evety psrt thereot, with tht appurtenances ot Ihe asid mongagor in and to the wme. and every p:~n anJ ~urcel tf~ercot umu 1he wid mun~agec in tec.impk. Arnt the mongigor hereby covenants wilh tht morigagec that he is iiplefea+iMy ~eized ot wiJ land in fee .impk: that he bati tull powcr and lawfui risht to convey the same in tee simpk as aforesaid: that it shall be lawtul for the monga~ee. at all times peaceabiy and quielly to en- ter upon. hold. occupy. and eojoy said bind. and every pran thereoi: that tMe land is and will rcmain tree trom al! encumbrances: that said mort- g~gor will make wch funher assurances to prove tFrc fee simpk ~itk to said land in uid mongagee as may be reasonably required. and that said mort~agor does hereby fupy wanant the Iitk to said land. and evcry part tt~ercot, and wiN defend the same against the iawtul cl+ims of all per- sons whomsoever. PROVIDED ALWAYS. and these prcsents ue executed and delivered upon ~he (olbwi~~onditions. to wit: etld The mort~or agrees ~o pay tbc mortsagee_ or order. the principal sum o( Twenty-Three Thousand F i f ty Dol l ars 00/-100 politirs IS 23 , 0~ . DO as evideoced by a note o( even dste hercwith, with inurcst from date at the n~e ot E i ght and One-ha 1 f per centum t$, SQ "fi per annum on the unpaid balance until paid. The said principvl and inleresc shall be payabk at the office of 1600 South Fede~a 1 H i ghway, Fort .P i erce Florida or at wch aher place as the holder ot the ~ate iaay dexiynte in writina. in monthly installments o( pne Hund~Cd SeVenty-Seven Dol la~s and 25/100-------------------------------- °o~'y ~s 177.25 ~.coa„?,e~~~+ ~ the fvst day of ~g u5 t - . 19 and on the first da ot exh mamh thcreafter uMil the princi~l and imerest ue tulty paid. ezcept tlnt the firal paymeM ot principal and imerest. if not sooner paid. sha~l be due and payabk on the 6rst day d July, 2007 . • And shall duly. promptfy. and (uNy pertorm. dischu~e. executt. eBect. compkte. and comply with and aMae by each am1 every the stipu- iatians. asteements, conditions. and covenam~ ot said promissory note and ot this mortgage. theo this mcutga~e and [he estatc hereby aealed shall cpx and be null and void. And the mort~or furthet covenarets as folbws: 1. Ttw he wiq pay the indcbtedness. a~ dereinbefore provided. Privik~e is rcscrved to pay the debt in whok. or in an amount equal to ooe or mo~e montbtr paYments oo the principa~l thst ue aeat due on the rwte. oo tbe fitst day ot ~ny mo~~th priot to ma~utity; Pt~vrided. however. lhat written notice ot ~n intentiw~ to e~ercix wch privik~e ia given at kast thitty 1301 days pria to prepaymem• d~~ ~ ~ _ ~