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HomeMy WebLinkAbout2147 a _ `j . . • ~ g O O ~ rid ~ n'1 pp ~0~ 4p~ 156 This form is used in connection with mo?tgagss inwre0 under the one to four-family provisions of ttte National Housing Act. MORTGAGE THIS MORTGAGE, dated the 28th day of , A.D. 1980 , by and, between OARY R. 3CHl~TT, a single adult; and MARIO J. PASCOAL, a single adult; as point tenant~rcinafter called the mortgagor, and (,~ypj, lyp~g p~,~gNy , a corporation organize and existing under the laws of Florida hereinafter called the mortgagee. WITNESSETH, that for divers good and valuable considerations, and also in consideration of the aggregate sum named in the pro- missory note hereinafter described, the said mortgagor does hereby grant, bargain, sell, alien, remise, release, convey, and confirm unto the said mortgagee aU that certain piece, parcel, o_r tract of land of which the said mortgagor is now seized amd possessed and in actual pos• session, situate in the county of St. Lucie and State of Florida, described as follows: Lot 66, PARKWAY PLACE, according to the plat thereof as recorded in Plat Book 4, patge 7, of the Public Records of St. Lucie County, Florida. ~ RECEfYED i SfOi ~ 1N PAYgENT OF TAXEi a,e GUf 011 CUSS •C. INTAllitlilE PERS01tAL PROPt1lr~ FUit$Ul,NT TO tH:lttfS 71-1?A, ACTS tlf 1111. a0tiE8 POR1tAS Cf.Lati CtiCtliT COJfRT, ST. 1JIC~ M. fM.~ This instrument prepared by: Cheryl S. Biller Latryers Title Instu~artce Corporation - _ - - P. 0. Box 3845 , - ~ Y,, - . t Fort Pierce, Florida 33450 = - ~ ~ : - - - - 1 T.,...t a....a ~t,e ~ ea,m~nna nP s *i i•7 a i r>.attranc_e aentraet. cv - - !~~6ic'c~~'~ f A A r1 1?lvi YV!!V VV V!!V ~..v.r..vv v. _ _ _ _ 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- ~I dum thereof; also all gas, steam, electric, water, and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating, and f power systems, machines, appliances, fixtures, and appurtenances, which now are or may hereafter pertain to, or be rued with, in, or on ~ said premises, even though they be detached or detachable. 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, separate estate, possession, claim and demand whatsoever, as well in -law as in equity, of the said mortgagor in grid to the same, and every part thereof, with the appurtenances of the said mortgagor in and to the same, and every part - and parcel thereof unto the said mortgagee in fee 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 shop be lawful for the mortgagee, at all times peaceably and yuietly to enter upon, hold, occupy, and enjoy said land, and every part thereof; that the land is and wr71 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 warant the title to said land, and every part thereof, and will 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 principal sum of Twenty-Eight Thousand and No/100 ---------------------------------"DO~(S 28,000.00 as evidenced by a note of even date herewith, with interest from date ai the rate ofThirteen per centum i 13.0 96), per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of or at such other place as the holder of the note may designate in writing, in monthly installments of 309.96 Three Hundred Nine and 96/100 ---------------------°--------°-°~oUars (S ) commencing on the first day of May , 1~0 , and on the lust 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 oT April, 2010. And shall duly ,promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the stipulations, agreements, conditions, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. And the mortgagor further covenants as follows: 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is resernd 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- th note, on the first day of any month prior to mat>lcity: Provided, however, that written notice of an intention to a#erei;e such'priliiite~e is given at least thirty (30) days prior to prepayment. Previous Edition May Be Used Until ExNaustad 8~ .STATE OF FlORIOA 328 P,~2i46 - . HUD-92110M (6-79)