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HomeMy WebLinkAbout1369 ~ ~ j _ ~L 8TI1TE OF F40RIDA Thts form is used in connection FHA FORM NO X110 M wtth mortgages insured under the R••Isd July 1975 ~~~0 one• to lour-family provisior?s of the National Housing Act. MUItTGAGE - THIS MORTGAGE. JattJ the t~ b ~ day of January . A. D. Iv 79 . by :~nJ. between MICHAEL 0. VAN ORMER and LINDA M. VAN ORMER, his wife hereinafter called the mortgagor. and . CITIZENS FEDERAL SAVINGS b LOAN ASSOCIATION OF ST. LUCIE COUNTY , a corporation urganieed and existing under the law. of the United States Of Amer i Ca . hereinafter called.the mortgagee. Vb'ITNESSETH, that for Jiver. gout and valuable consiJeraliuns. and alw in ronsideratiun ut the aggregate wm named in the promisso- ry note hereinafter drscrit+ed. the wid mortgagor Jue, hereby grant. trargain. sell. alien, remise, relea,e. cautvey. and confirm unw the wiJ mortgagee all that certain pint. parcel ar tract Ian) of which the sail mortgagor is rx.w seined and possessed and in actual possession. situ- ate in the county of $t . Luc i e anJ State of Florida. described as follow,: - Lot 26, Block F, of MARAVILLA ESTATES, as recorded in Plat Book 8, Page 77, of the Public Records of St. Lucie County, Florida. - _ 66 Recehrsd • ~ ~ M Psrtnant O~ Taxes Oue On Class •'C" hKanpibls PNSOnsI Property pu?auant TO Chapter 71, 134. Acts Of 1871. • r ~ - ROGER POI TRAS ~C L ~ ('te•r Circuit Court, Si. Lucis, Co., Fla. ~b c' STATE FLC)R!~: - r.== v D_Or UMENTARI'~='=-:~: STt>MP T1.3-`~ OZ o! z~ I1EF1. ;)F t!EYENUE J?.• - ' Together with all structures and improvements now anJ hereafter on sail land. anJ fixtures attached thereto. and all rents. issue,. pru- ceeJ,. anJ profits accruing •rnd to accrue from said premises. all of which are included within the foregoing description anJ the habendum there- of: oho all gas. ,team. electric. w•rter. and other Mating. cooking. refrigerating. lighting. plumbing. ventilating. irriZcating. and power ,y Vems. ~ machines. appliances. fixtures. and appuner?ances. which now are or may hereafter pertain to. or tx use) with. in. or on sail premises. even though they bt detacheJ ur detachable. TO HAVE ANDTO HOLD tM wme. together with all and singular the tenements. hereditamenh anJ appurtenances thereunto belonging ur in :my w„r appertaimng...nJ the rrver.ion anJ reversion.. remainJer or remairlJer.. rent.. issue,. anJ profit, thereof. anJ al.o all IM estate. right. title: interest. home,traJ. Juwer anJ right of Juwer. separate rstate. pos,ession. claim and JemanJ whatsoever. as well m law a, in eyui- ty- ottee s:~id mortgagor in :mJ to tM same. anJ even part thereat. with the appurtenances of the sail mortgagor in anJ to the ,ame. anJ rven part anJ parcel thereof unto the ,aiJ mortgagee in tee simple. AnJ the mortgagor hereby cuverrmts with the mortgagee that he is indetrasihh seiteJ at sail land in iee simple: that he has full power and lawful right to convey the same in fee simple as afuresaiJ: that it shall ire lawful for the mortgrgre. at all times peaceably and quietly to rn- ter upon. hoW..xcupy, anJ enjoy sail Ian). anJ every part thereof: That the land is anJ will remain tree from all encumbrances: that wid mort- gager will mrke wch further assurances to prove the fee simple title tu,aid Ian) in said mortgagee as may he rcawnaMy requiicJ. and that ,aid ~ mortgagor Joe, herehy,tully warrant the tick to said Ian). anJ eery part thereof. anJ will Je(end the same agaimt the lawful claim, of all per- ,um whumsuevrr. ~ PROVIDED ALWAYS. anJ these presents are esecuteJ anJ JelisereJ upon the followingcanditiom. to wit: The mortgagor agree, w pap the mortgagee. or order. the princip:+l wm of Thirty-seven Thousand and 00/100 Ikrllar, IS 37 , OOO.OO 1. a, evidenced by a n.Ke of even Gate herewith. with interest from Jate at the per centum 1 9 . SO ~!t per annum on the unpaid balance rate ar Nine and one-ha 1 f [ ^ until pail. TM ,aiJ prins:ipal anJ interea shall be payable at tM ulTice of ~ Pn J S . Fade ra 1 Highway , Ft. Pierce, Florida ur at such other place as the holder of the note may dc.ignrte in w riling. in monthly installments Of according to Sehedu 1 e A attached )1~0~1ifX16xxxXXXxxxXXXxxxxX c~rmmencing un the first Jay u( Ma rah ; 1979 ,and on the first day of each month thereafter until the prirxipal and ~ interest ere fully paid. except that the final payment uf.princi i and interest, if not wooer paid. shall tx due and payable on the first Jay of Febcuar 200 Deferred 3me s sh 1 be add d t the pr n p 1 balanc nt 1 T e. max mu~py re~ate~ atn~~r~f 6~ t~~c t~ sa~ defie~rred p~t~erest ~i;a~~ ~n~rea~ a ~h~oer~n~lpP ~ is ~nd +ha~dUiy. p mpt y. an u y per orm. Ix rge. execute. a act. cum te. anJ com y with and a we h each anJ a •er the su u- $ ~ 832.2(y . latiom. agreements. condition,. and covenants of sail promissory note and of this mortgage. then thi, mortgage anJ the estate hereby create) shall ceasernJ t+e null and void. And the mortgagor further covenants as follow,: I. That he wifi pay tM indebtedness. a, hereinlxfore provided- Privilege is reserved to pay the debt in whole. or in an amount equal to one or more monthly payments on the principal that are next Jue un the note. on the firs( Jay ofrny month prior to maturity: PruviJeJ. txrwever. that written notice of :m invention to eserciie +uch privilege i. given at kart thirty 1 illl Jays prior to prepay ment. BOaK PAGE