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• This form is used in connection
' with mortgpes insured under tM
one• to tour-temiy provisions of
the National Housing Act.
MORTGAGE
THIS MORTGAGE, dated the 23rd day of November , A.D. 19 79 , by and, between
MICHAEL F . D' ADDARIO and BERNICE D' ADDARIO , His wife hereinafter
called the mortgagor, and SUBURBAN COASTAL CORP.
a corporation organized and existit>,g under the law: of THE STATE OF NEW JERSEY
hereinafter called the mortgagee. i
WIINESSE'I'H, that for divers good and valuable considerations, and also in consideration of the aggregate sum named in the pro-
missory note hereinaRer described, the said mortgagor does hereby grant, bargain, sell, alien, remise, release, courvey, and confum unto the '
said mortgagee all that certain piece, parcel, or tract of land of which the said mortgagor is now seized and possessed and in actual pos-
session, situate in the county of S t . Lucie
and State of Florida, described as follows: `
Lot 25,~Block 270, PLAT OF PORT STi LUCIE SECTION SIX,
according to the Plat thereof, as recorded in Plat Book 12,
Pages 36 A through 36D, of the Public Records of St. Lucie
County, Florida.
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RECEtYEO S t7 0~ • 70 IN PAYMENT Of TARE=
I n QUE ON CUSS 'C' INTANC Bt.E PERSONAL PR~ERir,
~ l•, ?yRSUANT TO i.HAPTER 71•.'.4. ACTS Of 1171.
ROGER PORi~AS
~ CIRCWT COURT. ST. LUCIE C@. ~ ~1 •
Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
proceeds, and profits accruing and to accrue from said premises, all of which are included within the foregoing description and the haben-
dum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and
power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or on
said premises, even though they be detached or detachable.
j TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto be-
longing or in anywise appertaining, and the reversion and reversions, 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
law as in equity, of the said mortgagor in and to the same, and every part thereof, with the appurtenances of the said mortgagor in and to
i the same, and every part and parcel thereof unto the said mortgagee in foe simple.
~ And the mortgagor hereby covenants with the mortgagee that he is indefeasibly seized of said land in fee simple; that he has full
power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for the mortgagee, at all times peaceably and
quietly to enter upon, hold, occupy, and enjoy said land, and every part thereof; that the land is and will remain free from all encum-
brances; that said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgagee as may be reason-
ably required, and that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and wt71 defend the same
against the lawful claims of all persons whomsoever.
PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
~ The mortgagor agrees to pay the mortgagee, or order, the prirtZipal sum of
~ FiftyOne Thousand Three Hundred Fifty and 00/100 Dollars (s 51,350.00
SUBURBAN COASTAL CORP.
as evidenced by a note of even date herewith, with interest from date at the rate of Eleven and One Ha if
per centum ( 11.5 96), per annum on the unpaid balance until paic!. The said principal and interest shall be payable at the
office of SUBURBAN COASTAL CORP. , P.O. Box 1328 , ~issaic , NPw Jersey 07055
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or at such other play ast~~ holder of the o a d to in writing, in monthly installments of
~'nree Hundred Ninety an~ ~~1~~-g~~. Dollars (S 390.06 B~_
€ commencing on the first day of January , 19 g0 ,and on the first day of each month thereafter until the
principal and interest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on
the first day of December 2009
rom tl and full rform, dischar execute, effect, complete, and comply with and abide by each and every the '
~ And shall duly , P P Y. Y Pe ge•
stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby
~ created shall case and be null and void.
And the mortgagor further covenants as follows:
l .That he will pay the indebtedness, as hereinbefore 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 due on the note, on the first day of any month prior to maturity:
Provided, however, that written notice of an intention to exercise such privilege is given at least thirty (30) days prior to prepayment.
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~'11KJ~ PaGE2915 STATE OF FLORIDA
R2pi~¢~ Form FHA 2rrOht,wr.;ch is Obsolete HUO-92510'.' rg'~