HomeMy WebLinkAbout0680 ' ' ~ ~ ~ ~ /
399i57 .
STATE Of FLORIDA Th~s fo~m ~s used connection
FHA FORM NO Z110 M w~th mortgapea insured under t~e
Rw'~ ~Y 1e7 one- to tour-famiy proviaions ot
• , ~ tM National Housiny Act.
M~RTGAGE
4U2~98
~•1u~
THIS MORTGAGF. dated the 31$~~~~~„~~~T L,~y ~~~~~h . o. iy7 8 . ny and.
t,eiween MICHAEL L. STORCK/~22A i L~' ~~~i' , is wife
hrreinattercalkJthemorlg:+gor.+nJ SOUTHERN MORTGAGE ASSOCIATES~ INC. ~ authorized to
do business in the State of Florida '
. a corpo~ation organizeJ and e~ciuing under the law. u( AZ+}(gR S 8S
. hereinafter calleJ ihe mongagee.
W ITNESS[iTH. that for Jivers g~xx1 aoJ valuabk comideratiun~, and alw in romiJera~iun u( Ihc a~eregate wm namrJ in Ihe prumi..u-
ry note hereinafter de+critxd. the ~aiJ mongagor Joe~ hereby grant. hargain. +ell. alicn, remi.e. relea.e. rvnvey, and confirm untu Ihe +aiJ
mortgagee all thal certain piece, parcel. ~x lract of land ot which th~ wid mun~aEtor i~ now seized and po..r.~ed and in xtual M~+.e..i~.n. .itu-
ate in the cewnty ot St . Lue ie
anJ 31ate of Fbrida. Jescrit?eJ ac /olluwc: ,
The South 36.8 feet ef Lot 2 and the North 43.2 feet of ~
Lot 3_ Block 1, LILEM SUBDIVISION, as in Plat ;
Book g, page 73, St. Lucie County, Florida, public
records.
~
~ Fieceived e tr. Paymeni Oi Taxes •
Oue On C{ass "C" lntangiL•le F~?~~nat PropBrty, -
p„~suant To Chapter 71. 134. Acts Of 1971. ;
ROGER PO~rRaS
r~er? C~rtuii Couit, St. lucFe, Go., fls.
This • . .
~r tlC~t'(~ T~' j.~.. • y'
- ~ „P r.~ i
' 'a~; :IANTE - - _ _ . .
For-r P~~~ ge ; ~ ~ : . . . - ~ . - ~ . - ' ~
. - • ~
461•176Fl~ ~ - . . _ _
_ . _43.8~;
_ ~ - ~
~ - ~ f
j THIS IS A PURCHASE MONEY FIRST MORTGAGE EXECUTED FOR THE EXPRESS PURPOSE
j 0~' SECURING A PORTION OF THE PURCHASE PRICE OF THE ABOVE DESCRIBED PROPERTY.
~ -
l ~
~
~
{ Tugether with all qructures and improvement~ nuw aaJ herertter un .:iiJ IanJ. :md fixturt+ •rltacheJ thereto. rnJ all rentc. icwt>. pro-
ceEd~. and profit~ acrruing and ro accrue (rom caiJ premius. all of which are incluJed within the foreg~~ing Jescription anJ Ihr h:~IxnJum there-
~ o(: alx. all gac, tteam. ekctric. water. anJ olher heating. c~wking, refrigerating. lighling, plumbing. ventilr~ing. irri~:ating. :~nd ~x~wer .y.temc.
machines. applianeec. fixtures. anJ appurtenanees. Mhirh now arc or may hereafter pertain w. i?r t+e uceJ with. in. or un .aiJ premi~e~. even
~ tFwugF? they he Jetxhed or delachabk_
TO HAV E ANDTO NOLD the ~ame. tc~cther with all anJ cingular the tenemtnt.. her~ditamcnt~ anJ appurlenanre. thereuntu F?elon~:ing
ur in anyMi~t ap{+etl•rining, and the rrver~iun :inJ revenion~. remainJrr ur rem:~irxier.. reat.. i..ue.. :mJ pr~.fi1. thereof.:~nd :~I.u:~ll thc r.~~~r.
right. Ii11c. intere.t. homeuead. Jawer :?nJ rigM of Jower. ~ep:+rate e.tate. ~~~.r..ion. claim and Jem:mJ whah~~ever. a. Nrll in law a. in ~yui-
~y. of ihr .aid murtgagor in anJ to the +am~. and tvery ~+art Ihereof. w ith thr appurtenance. o( the .aiJ mo~l~~cur in :m~! tu the .amr. and r~ rr~
prrt aoJ p:ucellhercof unt~~ Ihe saiJ mu~l~gee in tee cimple.
~ AnJ Ihe mortgagor htrchy covenanl~ wilh the murtE;:igee that he i. inJe(ea.ihly .eiirJ o( .:iid I.~nJ in frc .implr: th,~ hr h:~. (~II puwer
~ rnd IaW ful right to convey the same in tee simple as a(oresaiJ: that it ~hall tx law•ful (or the morlp:igee. at rll time~ peareahl~ ::nJ yuietly ti~ en-
~ ~er upon. M~IJ. occupy. anJ eapy said land, and every part Ihcreof: Ihat tht IanJ is and will rcmain (ree from all cncumbrancc.: lhat wid mort-
~:+(tw w ill make such (urther assurancec Io prove Ihe (et simple litk to ~aiJ IanJ in wid mor~g:?gce a~ may he rra.t~nahly reyuirrJ. c~nJ that .aiJ
~ mortgag.~r d~x~ hereby (ully warrant the titk to ~aid land. and every part thereo(, and will JefenJ the wmr againet thc trwful claim. of all ~+cr-
x wn. whumsoever.
y
~ . PROVII)ED ALWAYS. anJ these present~ are executeJ -rnd delivereJ u~wn the following condition.. ti. w it: -
y The mortp,agor agrce+to pay Ihe morlFeagee. or order. the p~incipal wm of TW@Ilty1-nine thousand , one hundred , f i fty `
[h~llar~ IS 29 ~ 15~ • 00 evidenced by a n~He of evcn Jate hercwi~h. witb intere.l (rom Jate at Ihe n0~~~ `
; rate ~~t e ight and thre e-f ourths per crntum ~ 8• 7 5 7r 1 per annum ~~n Ihe un~+aiJ balance !
; until paiJ. The +aid principal •rnd intere.t ,hall tx payabk at the otTice o( SOUt YlE.'T'ri MOT'tg'1g@ A s s o e iat e s, T2'l C. ~
~ wc `
° 1999 S.W. 27th Avenue, Miami, Florida 331~5 '
0
or at wch other lace as Ihe holder of Ihe n~»e may de~ignate in writing. im m~mhly inctallmem~ ~~i TWO hundred , tW@Rty- ~
nine 8c ~1.~1~~------------------^----------"ik~llarc15 ~~9.41 l.commencingun ~
- the first day of M33/ . 19 ~T S, and nn the hrst Jay of each month Ihereatter uotil Ihe principal and ~
~ interest are fully paid, except that the final payment ot prirxipal and interest, if not s~wner pxid. ~hall Fx Jue :mJ payabk ~~n the first Jay_ ot ~
ti~ April : 2008 ~ ~
' And sball duly. prompdy_ anJ lully pertorm. discharge. execute. eHec1. complete. anJ rumpl}• w i1b a~d abiJe h~!~h anJ every Ihe clipu- ~
x latiuns. agreements. conditions. anJ covenants of said promi+sory note and o( Ihic mongage. Ihen Ihi~ mun~ge anJ 1fie e~tate hereby ereated ~
~ xh~ll ceau and Ix nu{I atk! void. t
~ And lix murlgagot (uRhtr covenaMs as follaws: =
~ 1. 'ihat he wil! pay thc inJebtcdness. as hereiebetore pmvideJ. Privilege is rccerved to pay the Jebt in whole. or tn an amount equal to one ~
or more momhly Myments on tFx principal that are next Jue on the no~c. on the fir,t day of any mon~h prior ~o mat~ity: Ptovided. however.
~ thal M rit~en nwice o( •ro intentiun to e~erci.e euch privilege i. gi~en :d le:~.t thuty 1~111 J.~p. prior tn prepayment. ~ N Q ~
~k 2g~ ~ ~
~ _ N'~ ~
_ ~ - - Za•R~cotd
, - ~,.c~~*~°_