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HomeMy WebLinkAbout0215 va as~avv / nw ~~~a w. T~tt io i,a 11 ~ w ~ . 1 rC~ a mu coM. os.u? 9i~~.64&: ' t~ ! .~aMrt ~t«.~o~~.~.n ~ 8TATE OF R~RiOA This lorm is used in oonnoction FHA FORM NO 2510 Y with mortpspes Inwr~d s~nd~ tM R•.t•.~ Osa?w N7= • on~- to four-famiy provisions ot ttw Natior~d Housinp AcL MORTGAGE ~ THIS MORT'GAG£, dsted tAe 22~td day o/ J~1ti8Yy . A. D. t9 79 , by and. be~waen ROOSBVSLT I~RRITT, JR. and IRENB PRSSTON hereinafter caMcd tlx murtgugor, and TBg I,QMA,Q ~ NEq'1'j,gq'QN CQMpANy . , a corporatio~ organizod and existing under the laws of ~g STATS OF (~ONNSC'1'ICUT . herei~fter calkd the mortgagee. W ITN E.SSETH, that tor diyen good and valuabk considetations, aad also in oonsideruion ot the aggtegate wm namcd in 1he promisso- ~ ry rwte he?einafler described, the said mortgagor does hcrc6y grant, bargain, scll, alien, rcmise, releax, convey, and confirm unto the said mortg:~gec aU that crrtain pia:e, p+rcel, ot tract ot I~nd o( which the ssid mortgagor is nuw seiud and possesud and in xtuai pusussiun, situ- .,te in ~ouMv of ST. LUCIE and State ot Florida, deuribed as tolbws: Lots 21 and 22, Block 19, SUNLAND~GARDSNS, according to the plat thereof, as recorded in Plat Book 8, page 32, of the Public lZecords of St. Lucie County, Florida. " "The graator(s) covenant(s) and agree(s) that so long as this Deed of Trust, . Security Deed, or Abrtgage whichever is applicable, and the Note secured ' hereby are granted uader the Servicemen's Read3ustment Act, or insured under the provisions of the National Housing Act, whichever is applicable, he w311 not execute or file for record any instrument which imposes a restrictioa upon the sale or occupancy of the subject property on the basis of race, color or creed. Upon violation of this covenant, the note holder may, at its option declare the unpaid balance of the debt ~ secured hereby immediately due and payable." ~J 0 ~ , S TAT E:~ ~ L 0 F? , D~'~ ~ ~oMr~ ~ In P+~n~+t ot Ta~s Z D O C U M E ti1 TA R Y S T A M P , l. Du~ On CI~M "C" bN~eq~N PM~swyl Propsnll. , I~Fi'S.Gi ifYEiti~~~-,:/ ~•°~i ~ PurwantToChapt~r71,134.ActsOf1871. - - - - ' ~ _ 3•~> > ~ ~ 4 0. 0 5 I "oc~n PorrnAS~j-~C~ c~ _ F, : ~ r l ~ ~B. ~ . i _ ~ • ~ t ~ ~ 'k drel~it Ca.'~ 3t.1.~CM. C~D..~Fla. ; - ' ~ ~ "i'~ether with all structures and improvements now and hereafter un s:iiJ IanJ. enJ fiatures nltached thereto, :usJ all rents. iswes, pro- I ceedc. anJ prufits accruing and tu acerue from ~aid premises, aU ut whi~h are incluJed within 1he furegoing de~cti~tiun and the hahendum there- ~ of : alsu ali ~s, steam, electric, w3ter, and other hwting. cooking. rctrigerating. lighting, plumbing, ventilating_ irrit;:~ti:~, and power systems, , machines, applianees, fixtures. and appurten:uices. which nuw are or may txreatter pert•rin to, or be uxd wiih, m, or an ~:siJ premises, even ~hou~;h thcy be dctached or detachabk. ~ TO HAVE ANDTO HOLD the samc, together with all anJ singuiar the ter.aments, hereditaments and ap~unen~nces thcreunto belonging or in anywise appertaining, anJ the reversion aod reve: sion~. rem~indcr or remairulers, rents, i~,ues, and prufils ther~of. and aleo all the eslalC, f ~ rigFH, titk, interest, homestead, dower anJ ri~;ht of Juwer, ~epnrste estate. poscession, ci:iim anJ Jemand whatsuever, as »ell in law as in equi- ~ ty, of the said mortgagur in and to the ~ame, and erery part thercof, with thr appurtenances of the ~aid mort~gor in and to Ihc ~ame, and every ~ p:~rt anJ parcel thereot untu the tiaid mortgagee in tee simpte. ~ And the mortgagor hereby coverwnts wi~h Ihe mort~ee that he is indefeasibly sci~rd uf .aid land in fce simple: that he has full power i anJ lawfal right to convey the same in fee simple a~ ataresaid; that it shall be lawful for the murt~ct, at all times pcaccably and quieUy to en- ~ ter upon, hold, occupy, and enjoy saiJ land, and every part thereof: that tbe land is and will remain free from all en: umbrances; that said mort- ! yigor will make such further assurances to prove the fee simplc tiUe to saiJ lan.i in said mort~gee as may he reasunably rcquired, and Ihat said f mortgagor does hueby fully warrant the tiile t~ said land. and every part thereof, anJ wiil dc(end tlx same against the lawful cfaims of alt per- ` wns whomsoevet. ~ PROYIDED ALWAYS, and these presents ar~ eiecWai and delivered upon the fol{owing conditions, to wiC The mortgagor agrees tu pay the mongegee. or order, the princival sum of ~enty Six ThOUSSIId SiR Hundred Fifty ~ IIO/lU0 ~ Uollars (S 26, 650. ~0 as evidenccd by a nde of even date herewith, with intercst from d+te at the rate ot Nine and One H81f per centum ( 9. $ per annum on thc unpaid balance ~ , until paid_ The said principal and interest chall t?e pay~bk at the of6ce ot The Lomas ~ Nettleton COIDp3II~? f 175 Orange Street, Ne~r Haven, Connecticut 06510 cx at such other place u the hoWer ot the note'may designate in writing, in mont6ly installmen~s o( ~p Hu4ldrEd T~1eIIt)? FOUI 3IId - 13/ 100--------- _~_~N poNars (S 224. 13 commencing on ~ the first day of pjgr~ . 19 79, and on the fust day of eacb month therealter uniil the principal and ~ imcrest are fuity paid, ezcept that the final paymcnt of principat and interest, if not sooner paid, shall be due and payabk on the first day o( ~ February 2009 ~ Apd shal~duly. promptly_ and fully pertorm, discharge, execute, efiect, compkte, and comply with and abide by each and every the stipu- ~ lations, agrecments, wnditions, and covenants o( saiJ promissory note and of ~his mortgage, then this martgage and the estate hereby created , shall cease and be ouU and void. And ihe mortgagor furthet covenants as folbws: ' I• That he will pay the indcbtedntss. a~ hereinbcforc provided. Privi{cge is rexrved to pay the debt i~ who{e, or in an amount equal to one nr more monthty payments on the principal th~t are nexl due on the note, on the firsl day ot any month prior to muurily. ProviJed, however. ° t Ihal written notice of an intention to taerci~e ~ucb privikge is given at kast thirty (l0) days prior to prepayment_ ~ R ~ 215 ~ ~ BOC!c JU2 ~~ar,E ~ a _ ~~r~..~~~ ~,,~G - - ~y ~ Cfi . . s..+!`__s-":%~ . e. .