HomeMy WebLinkAbout0598 ~ ~ P-1381'/emz ~
>
~ _ ~ ~489~~. 1
STATE OF ~1OR10A
FHA FORM NO Z1101+~ Thb form is us~d in co~n~ction
R.v. ~onuory 1977 with mort~sy~s i~sund und~r tM
oM- to four•famiy provision~ of
ths Nationv Housin~ Act.
MORTGAGE
THIS MORTGAGE, datcd tbe 21 st day ot June . A. D. 19 79 , by anJ,
between ROBERT R. REESE atld EDI'fH J. REESE, his wife
he~eina~tercalkdthemortp~or.and STOCKTON, WHATLEY, DAVIN ~ COI~ANY and/or its ~
Successors and Assigns
,acorporuioeot~anizedandexisti~underthelawsot the State of Florida
. herei~(tet called the roortsa~ee.
WITNESSE7'H. that tor divus sood snd valuabk coo:iderations. and alw io coosideration d the a~re~ate wm named in the promisso- ;
ry note hereinatter described. the said mort~or does hereby ~nt, bar~ain. sell. dien, romise. rekase. oonvey. and confiro~ unto tbe said '
mott~agee aq that cettain piece. parcel. or tract ot laod of which the said mortgagor is now xiud and possessed and ia actusl possession. situ-
ue in the cwoty of St . Lucie
;
and J~ate ot Florida, describod ai fdbws:
~'n ~ Lot 9, less the South 7 feet, Block 1, MAGNOLIA PARK, a ;
~ ; Subdivision according to the Plat thereof, recorded in ~
s~' Plat Book 9, Page 27 of the Public Records of St. Lucie '
~ ~ County, Florida. ~
'~~i ttt ~ ;
_I` ~ ~
~ ~
Together with the following items of property which
-?~~~"1'~~ ~ are located in and permanently installed as a part `
. }
_ iY ~ . ~
of the improvements thereon on -said land:
. i I Range . -
r T
` Refrigerator
~il G
, . ,`~t~ ~ R~~ s _ 1~~ q ~
- . ' . ~ ~ Ow On Gass =~L-_~ b 0/ Ta~r~
~ma~qibN PK~p~M ho~i~?.
~ To Chap~ 1~~ O~ 1~?!.
' l
j .
i C'~~ . ~ ~ ~It Ctp+it Co~xt ~ ~ C~
~ ~
~
~ Togcther with all structurcs and improvements no~v end hrrea[ter on said land, ynd fixtures attachod thereto, and all rents. iswes, pro=
~ ceeds, and profits accruins and to sccrue trom said premises, all oi which are inchided within If~ toreaang description and the habendum tF~rt-
~ ot: also all gas, steam, clecuic. water, and aher heating, oookin~, retrigeratina, lighti~, plumbing, ventilating, irrigatina, and power systeros,
machines, appiisnccs, fixturcs, and appurtenances, which now~ arc or may hercatter pertain tu, or be used with, in, or on said premises, e~en
~ ~hough they be detached or detachabk.
~ TO HA~'E ANDTO HOLD the same. together w~ith all and singular the tenements. hereditaments and appurtcnaAces therwnto bebngiryZ~
~ u~ in anywise appertaimng, and the rcversion and reversions, remainder or remainders, rents, issues. and ptofits thereoi, and also ail the estate,
~ right. ti1k, interest, homestead, dower and ri~ht of dower, separate cstate, possession. claim and demand whatsoever, as well in law as in eyui-
~ ty. of the said mortgagor in and lo tlx same. and evety part thereof, with the appunenances of the said mortgagor in and to tht ~ame, and every
~ pan and parcN thereof unto the said mortgagee in fee simpk.
And the mort~cor hereby covenants with the mortgagee that he is indefeasibly scized of said land in fee simple: tha~ h.c has full powtr
~ and lawful right to wmey the same in fee simpk as a[oresa~d: that it shall be lawful for the mortgagee, at a!1 times peaceably and quietly to en-
~ ter upon, hotd, occupy, and enjoy ssid land, and every part the~eot: that the land is and will remain free from all encumbrr~nces: that said murt-
;
~ gagor will make such funher assunnces to prove the tee simpk titk to said land in said mortgagee as msy be re~.sonably rcqu'utd. and that saiJ
mortgagw does hercby fully warrant the titk to said land, and every part thereo(, and wi0 defend tlx same against the Iawtul claims uf all per-
sons whomsoever.
~ PROVIDED ALWAYS, and these presents are ezecuted u?d delivercd upon the tollowing conditions, to w~t:
Tht murt~agor aarees to pay the mort~agee, or oreer, the principsl sum of Twenty-Four Thousand Nine Hundred ~ No/ 100 -
; Dollus (S 24 , 900. ~0 as evidenced by a note of evee date herewith, with interest trom datt at the
~ rate ot Teit
per centum 1 10 9fe) per annum on the unpaid b.lanct
~ until paid.'the said principal and interest sha11 be payabk at tlrc office ot StOCkt OD , What ley, Davin ~ CompaTiy
3 100 West Bay Street, in Jacksonville, Florida 32202 ~r~:
~ ur at such other place u tbe holder ot the note may desigoate in writi~, in monthly inuallments of Two Hundred Eighteen and ' 1
c_ ~o
~ 6 2 / 1 0 0---------------------------------------------flollars (f 2 1 8. 6 2 commencing.m ` I
3 tfx first day of August . 1979 and on the fint day d each monit~ tlrcreatter unul the pnnapal and
~ interest are tully paid, except that the firnl payment of principa! ~.nd interest, if not soonet paid, shall be due and payabk ~n the fint day ot Y ' I
~ 3uly, 2d09.
And shall duly, promptly. anA tully pertorm, dischar~e, executa eBect, compkte. and comply with and abide by ach and every the stipu- c
~ lations, agreements, oonditions. and covenants ot said romisso note and o! this mort
P ~Y ~e. Uxn ~his mort~e and llx estate hereby croatul
~ shall ccase and be nult and void. ~
And the mort~agor funhet covenants as tolbws: ~
1. That Ne will pay the indebtedness, as hereinbetore provided. Privik~e is reserved to pay the debl in whok, or in an amount equa! to one ~
? or ~ore monthly payments on the ~ir~ciipal that ue next due on the note, on the fint day of any month prior to maturity • PMvided, however.
` that written naice o/ an intention to ezercise such privikge i: given at ~east thuty ~30) days prior to preeaymen~.
~