HomeMy WebLinkAbout2751 w -
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459636
fTA1'ft Oi if1.OR10A Thb totyrt N utt~d In owtt»ction
with motipapN htsttnd wtdHr tltta
' ottN bi fourfamlh proviaiorts of
tM Nailonal Htwsinp l1ct.
thfa Instrument w~ls proplllrrd by.
Cer~ton cortex AIjORTGAGE o93-ls7ol7-~~3
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THIS MORTOAO6. dated the 14th day of September , A. D. i9 79 , by and.
between MAMIE M. DAVIS, a single woman
hereinafter cdkd the mortgagor, and
• FLORIDA HOME MORTGAGE COMPANY
a corporstan organized and existing under the laws of the State Of Florida
hereinafter called the mortgagee.
WITNESSBTH. that for divers good and valuable consideations, and also in consideration d the aggregate wm named in the promisso-
ry note hereinafter described. the said mortgagor does hereby grant, bargain. seN. alien: remise, release, Donvey, and conikm unto the said
tnortpigee all that Detrain piece, parcel, or tract d land d which the said mortgagor is now seizod and possessed and in actual possession, silo-
ate in slte county d ST. LUC IE
attd State of Florida, described as tolbws: r
Lot 230, SHERATON PLAZA, UNIT THREE REPEAT, according to_ the plat thereof
as recorded in Plat Book 16, Page 12, Public Records of St. Lucie County,
Florida.
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DEPT. OF RE1>Eflt)E F ~
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Together wtth all stntetutes and improvements now and hereafter on said land. and fixtures attached thereto. and all rents, issues, pro-
ceeds, and profits accruing and to accrue tram said premises. all d which are included within the foregoing description and the habendum therc-
d; also all gas, steam, electric. water. and other heating. cooking. refrigerating. lighting. phtmbing. ventilating. irrigating, and power systems.
machines, appNantxs, fixtures, and appurtenances, which now are or may hereafter pertain to. or be used with. in. or on said premises, even j
though they bs detached or detachable. - ~
Tr7 HAVE ANDTO HOLD the same. to6ether with all and singular the tenements, hercditaments and appurtenances thereunto bebnging
or in anywise appertaining, and the reversion and revenionx. remainder or remainders, rents. issues. and profits thereof, and also all the estate.
right. title, interest, homestead. dower and right of dower. separate estate, possession. claim and demand whatsoever. as well in Frw as in equi-
ty. of the said mortgagor in amt to the same. and every part thereof. with the appurtenances of the said martgaltur in and to the same. and every
part and parcel thereof unto the said mortgagee in tee simple.
And the mortgagor hereby covenants with the mortgagee that he is indefeasibly xized of said lalitt in tee simple: that he has full power
and lawful right to convey the same in tee simple as aforesaid: that it shall be lawful for the mortgagee. at all times peaceably and quietly to en-
terupon, hold. occupy. and enjoy said land. and every part thereof: that the land is and wiH remain-free from all encumbrances: that said mort-
gagorwill make such further assurances to prove the fee simple title to said land in said mortgagee as may be reasonably required. and that said
mortgagor does hereby tuNy warrant the title to said land. and every part thereof, and will defend the same against the lawful claims of all pcr-
sonswhomsoever.
PROVIDED ALWAYS. and these presents are executed and delivered upon the folbwing conditions, to wit:
The mortgagor~agrees to pay the mortgagee. or order. the principal sum or Eighteen Thousand Six Hundred
Dollars (S 18, 6O O.O O as evidenced by a note of oven date herewith. with interest from date at the
rate of ten per centum ( lO '.'F) per annum on the unpaid balance
until paid. The said principal and interest shall be payable at the office of Florida Home Mortgage Company ,
. prat such other place as the holder of the note may designate in writing. in monthly installments of One Hundred Sixty Three
and Thirty-0rte/100ths---~----------------- ~l~(s 163.31 )•D«e~~~~
the first day d November . l9 7 g, and on the ttrst day d each riw+nth thereafter until the princilal and
irrsere{s~t~ar~epturNy paid. except that the final payment d Principal and iritercst. d not sooner paid. shall be due and .payable on the first day d
~Ands~l dsly, p a~p9tly. and tuHy perform. discharge. execute. eBect. compktt. and comply with and abide by each and every the stipu-
lations. agreeir~nts. cortditioos. and covenants d said promissory note and d this mortgage. then this mortgage and the estate hereby created
shall cease and be nuM and void.
And the mortgagor further covenants as folbws:
1. That he wiH pay the indebtedness: as hereinbetore provided. Privilege is reserved to pay the debt in whole. or in an amount equal to one
or more monthly payments on the prinapal that are ncxtduc on the note, on the first day d any month prior to maturity; Phuvided, however.
that written notice of an intention to exorcise such privilege is given at kart thirty (b) days prior to prepayment.
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