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Home My WebLink About1589 ~ / F l~ 4~~~«~f9 ~ ~ 1 ? This loan is usN in ca+naction ~7 with mort~apes insured under tM ors- to four-tamiy provisions of tM National Flousin~ Act. MORTGAGE THIS MORTGAGE, dated the 1 I t h day of A p r i 1 , A.D. 19 8 0 , by and, between ANGELO D'AMICO and ELENA. D'AMICO, his wife hereinafter called the mortgagor, and SUBURBAN COASTAL CORP. a corporation organized and existing under the laws of FLORIDA hereinafter called the mortgagee. WITNESSETH, that for divers good and valuable oonsideratlons, 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 conRrm unto the said mortgagee all that certain piece, parcel, or tract of land of which the said mortgagor is now seined and possessed and in actual pos- session, situate th the county of and State of Florida, described as follows: . F Lot 7, Block 119, PORT ST. LUCIE SECTION TWENTY-SEVEN, according to the plat thereof, as recorded in Plat Book 14, pages 5 and 5A through SI, of the Public Records of St. Lucie County, Florida, Carpet, Dishwasher, Self-cleaning stove, central heat and air. . - ~ _ ~ t~, ~ - 'V - } ow On aaM `rte att. gTttaws a. x _ 0 6. 3 0 ; Te hoar ~ 01 tilt, _ ; , ~ - - - 1 CNrt ~R •t t~ 00. ttla Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues, i 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. TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto-be- ]onging 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 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 indefea~bly 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 will defend the same against the lawful claims of all persons whomsoever. PROV[DED 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 Forty -Four thousand Two H u n d r e d Fifty and No/ 100--------------------------------------~ollars (S 44 , 250.00 as evidenced by a note of even date herewith, with interest from date at the rate of F o u r t e e n per centum ( 14 per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of Suburban Coastal Corp. P. 0. Box 1328, Passaic, New Jersey 0?055 ur at such other place as the holder of the note may designate in writing, in monthly installments of Five Hundred Twenty - Four Dollars and Thirty-Six cents--------------------- Dollars (S 524 3b commencing on the first day of June , 19 $ 0 ,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 rl a y , 2 010 _ And shall duly ,promptly, and fully perform, discharge, execute, tffect, complete, and comply with and abide by each and every the stipulations, agreements, conditions, and eovenants 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: I .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 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. IlR 6ft~K PAGE1~ sTATtc OF FLORIDA Replaces Form FHA-2110M, which is Obsolete HUDA2110M 112-78)