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HomeMy WebLinkAbout0021 . , . 4 ,i L $TATE OF flOR10A - This lorm is used in connection FHA FORM NO Z110 M Ie~yp with mortqafles inw~ed under the R•v. Januo~y 1977 ~7 ~~,~I~74 o~s- to lour-famiy provisions of ' lhe National Nousin~ Act. MORTGAGE ST-39, 35, 3725-M ~ 093-168703 THIS MoRTGAGE. dattd the 3rd day ot March • . Ih. D. i978 , by and. between L. T. CLINTON . htreina(ter calleJ the mortgagor, and MID FLORIDA MORTGAGE CORP. . a corpotation otganized and ezisting under tlx laws of ~ THE STATE OF FIARIUA •~rc~~~er calkd the mortgatee. WITNESSETH. tl~at tor divea ~ood and valuabk co~siduatans, and also in consideratwn of ~he aggregate sum named in the promisso- ry nwe hercinatter described, the said mort~or does hereby trant, bu~ain, sell, alien, rcmiu, rekase, convey, and confvm unto the said mortgagee all t6at ceriain piece, pa~cel, or ttact ot land ot which the said mortgagor is now seiud aixi possessed and in actual possession, situ- ate in the county d ST. LUCIE ana State ot Fbrida, described as tolbwr. Lot 217, SHERATAN PLAZA, UNIT 3, REPLAT, according to the plat thereof, as recorded in Plat Book 16, page 12, of the Public _ Records of~ St. Lucie County, Florida. . ~ c-~ "The grantors covenants and agrees that so long as this Deed of Trust, Security Deed for Mortgage whichever is applicable, and the cv Note secured hereby are guaranteed under the servicemen's Readjust- ~1: ment Act, or insured under ~he provisions of the National Housing i Act, whichever is applicable, he will not execute or file for record _~j any instrument which imposes a restriction upon the sale or occupancy of the sub3ect property on the basis of race, color or creed. Upon violation of this covenant, the note holder may, at its option, de- ; ~ clare the-unpaid balance of the debt secured hereby im~ediately due - • ~ and payable." ~ Together with the following items of property which are located in and , n permanently installed as a part of the improvements thereon on said land: ; _ ; Range and Hood ~ ~ ; - ~.~.w.a s b P~r~.ne otT.r. ~ _ Ow On Cl~~s "C" N~tan~bl~l~~~1l~p~~, ~ hrwarn To CA~pl~r 71.134. ~ AO~Efi POfTRI1~A~~~~ V 1 ~ Togelher with all structures and improvements now and hereafter on said Iand. and 6C t~u es at4a~i~iea tTx~e of""'. ~t~ S~lfes, pro- ~ ceeds, and proC?ts accruing and to accrue from said premises, all of which are included within the fotegang descriptan and the habendum there- of: also all gas, steam, electric. water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irtigating. and power systems. ~ mxhines, appliances, fizturcs, and apportenances, which no~v are or may herea[ter pertain to, or be used v?nth, in, or on said prcmixs, even ~ thou~gh they be detachod or detachabk. ~ TO HAVE ANDTO HOLD the same. together with all and singular the tenements, hereditaments and appurtenances thereunto belonging ~ or in anywise appenaimng. and the reversion and reversions. remainder or rtmainders. rents, issues, and profits thereot, and also all the estate. ri;M: titk. interest. homestead, dower and right ot dower, xpante estate, possession, claim and demand whatsoever, as well in law u in cqui- a ty. of the said mortgagor in and to Ihe same, and every part thereot, with the appuRenances ot the said mortgagor in and to the same, and evcry ~ part and parcel thereot unto the uid mort6agee in fee simple. ~ And the mort~ytor hereby covenants with the mortpgee that he is indeteasibly seiud of said land in tee simple: that he hu (uU power and lawful right Io convoy the same in fee simpk u a(oresa~d: thu it shall be lawtul tor the mortga~ee. at all times peaceably and quietly to en- ~ ter upon, hold. occupy, and eejoy said isnd, and every pati thereof: that the land is and will remain frce trom all encumbrances; that said mort- ~ gagor wilt make such turther assurances to prove the tee simpk titk to said land in said mortgagee as may bt «asonably required. ~nd that said ~ mortgagor does hereby fully warrant the titk to said land, and every part thereof, and will defend the same against the lawful ctaims of all per- sons whomsoeve~. _ s~ PROVIDED ALWAYS, and theae presents ue executed and detivered upon the tollowing conditions, to wit: The mortQagor ~ees to pay the mortgagee. or order, the principa~ sum ot EIGHTEEN THOUSAND FOUR HUNDRED AND 00/ 100 Dollus IS 1$ ~ 40~. 00------°---------------1. u evidenced by a note ot even date herewith. with interest from date at the nte ot EI GHT AND Z'EIREE QUARTERS per centum ~ 8. 7 S%) per annum on the unpaid balance ~ until paid. The said priocipal and interest sha11 be psyable at the oQice of MI D FLORIDA MORTGAGE CORP " P. 0. BOX 7759, Orlando, Florida 32854 ~ or at such wher place u the holde~ ot the note may designate in wri6ng. in monthly installments ot ONE HUNDRED FORTY-FOUR AND ~ 81 / l OQ----------------------------------------------0ollus (S 144. 81--------- commeocing on the fint day of ~ Iypy . 19 7$, u~d on the fust day of each month thereattu until the pnncipal and ~ interest are tully paid, ezoept that the fi~W psymeat ot principa) and iMerest. ifnot aooner paid. shall be due and payabk on the first daY o( ~ APRIL,-2008. And shall duly, promptly. and tulty pertorm, discAar~e, execute, eBect, compkte, and comply witA and abide by each and every the stipu- lations, agreements. conditions, and covenants ot said promiswry :wte and ot this mongase, then this mortgase and the estate hereby created ~ shall cqse and be nuN and roid. . ~ And the monp~or tunha coveoants as tolbws: r 1_ Tl~a~ he will pay the indebtodness. as hereinbetore provided. Privilc~e is reurved to pay the debt in whok. or in an amount equal to one ~ or oore monthly payme~ts on the principal that ue neat due on the note, on the flnt day ot any month prior to mrtu~y~ howevet. thst written naice of an intenaon to exe~ciu such privikge is Qivrn at lesst th~rty (30) days prior to prouaymem. Q~O~ ~ ~ ~ . ~'r~_ _ _ _ - - - - - ~,z