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. . _ S~ockton,~t~a?tt8~~,..Dt~tviti it.0e~d~eiriy_ - • . [
aT~>E o~ floiugl?. ~ 100 west et~y _$ti~,et;~ ~ • - ~ ~ ~ . ' ~ •
hHA foR~•l?io ~ttow Jackeocivi2'~.e,.:FLarfd~a 32202 , . • 1~~ ter ~ w~ .
:Lan #43483 ' ,~w~tlc mor1~844s inswed .t~ttoer .the.
Rev.. January .]977 ~ _
. acs- td tour-4tamxf? ~rovitiata of me_
' , ~ . • • National tiousitq >A?Ct. ~ -
. Q~TI~H DEFERRED. INTEREST AND INCREA~iNC~ MONTHLY INSTALLIVIi~NTS
THIS MORTGAGB, dated the 24th . day of Jtil.~r . A. D. 1980 , by and. .
becwreit M. and SAR~Ii W. , his Wl~e ~ .
hereinafter called ebe maegagor, and STOCKTON, WHATLEY, DAVIN a[ COMPANY, a corporation organized and existing
under the laws of the State of Fbrida, bereinaker called the mortgagee.
W7INESSBTH. that foe divers good atd- valuable considerations. and also in oonsidaation of the aggregate sum named in the promis-
sory torte heainafter described. the said mortgagor does hereby grant. bugwt, sell, alien, remise. release. convey. and confirm unto-the said
mortgagee all elut certain piece. partxl, a tract of land of which the said mortgagor u nowseized and possessed and in actual possession. situ-
ate in the oamty of St. ra<1Cle~ _ ~ ~ •
and State of Florida. described ss follows:
Lot 36, Block 76, SOITIH PORT ST. I~ICIE tI~TIT FIVE, as recorded in '
Plat Book 14,Pages 12 and 12A - 12G, of the Public I~oords of
St. Lt>rcie Ootmty, Florida. - . .
1
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o R~oslt~sd ~ In PoYrr?~nt Of Taoat
•Oue On Class "C'• Intangible Personslproperq, ,
. ~ qrr T hapter 71,' 134. Acts a ~ 71
• - - suarn o C ~
_ r- - ROGER PDITRAS
- l~ ~ ~ ~ ; ~ \i r _ ~ ' r - y frl~r~ rlrfl~n w.n v St. ~r Co-~
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II - ? •
- DEFERRAL OF INTEREST MAY INCREASE THE PRINCIPAL
~ ~ BALANCE TO S 55,197 _ 14
Together with all strttctum and improvements now and hereafter. on said land. and factures attached thereto, and all rrnu, issues, pro-
c«ds, and profiu accruing and to accrue &orn said premises, all of which are included within the foregoing description. and the babrndum the~a-
of; also all gu, steam. ekcui4, water, and other heating. cooking, refrigerating, lighting, plumbing, ventilating.-irrigating. and power systsias.. . .
machines. applianxs, fixtures, and appurtenances, which now are or may bereahet pertain to, or be used with, in. or on said- premises. even .
. though thry be detached or detachable. • .
> TO. HAVE AND TO HOLD the same, together with all and singular the terterrtenu, hereditatnenu and appurtenances thereunto belonging
or in anywise appert:ir»ng, and the reversion and reversions, remainder or remainders, renu, issues, and profits thereof, and also all the estate,
right, tick, interest, homestead. dower and right of dower, sepante estate, possession, claim and dtmud whatsoever. u well in law as in equi- .
ty; of the said mortgagor in and io the saute, and every put thereof, with the appurtenances of the said mortgagor in and to the same, and avert'
part asd parcel thereof unto the said mortgagee is fee simple. -
Atd the mortgagor hereby covenanu_ with the mortgagee that he is irtdefeasibty seized of said land in fee simple; that he hu full power and
lawful right to convey the same in fee simple u aforesaid; that it shall be lawful for the mortgagee, at. all tithes peaceably and quietly to enter
neon, hold. oontpy, and enjoy said lard, and every put thereof; that the land is and will remain free from all encumbrances; that said mort-
gager will make such further' aswnnoes to prove the fee simple tick to said Lud in said mortgagee u may be reasonably required, and that said
mortgagor does hereby fully warrant the tick to said land, and every part thereof, and will defend ahe same against the lawful claims of all per-
€ sons whomsoever.
PROVIDED ALWAYS, and these presents are executed and delivered upon the following rnndiCans. to wit:
€ The mortgagor agrees to pay the mortgages, or order, the principal sum of FIr'i'Y-CNE Tfi~JSAND FQTR HU~IDItED FIFTY AND
v'O~IQQ Dollars (t 51~450.QQ u evdectccd by a note of even date herewith, with interest from date at the
~ me of Ej~.VEN ~i]p C[~ per centum ( 11.50 °A.) per annum on the unpaid balance
F until paid. The said principal and interest shall be payable at the once of Stockton, Whacky, Davin dt Company, 100 West Bay Street, jacksoa-
F
vilk, Florida or at such other place u the holder of the note may designate in writing, in monthly installments, ACCORDING TO THE
SCHEDULE ATTACHED TO SAID NOTE, commencing on the first day of $E,~~ , 19$Q ,
i and on the first day of exh month thereafter until the prittripal and interest ue 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 Augu.St~ 2UlQ. .
And shall duly, promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by exh -and every the stipu-
lations, 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.
i And the mortgagor further covenants as follows:
1. 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 trsonthly payments on the principal that ue next due on the note, on the first day of any month prior to maturity: Providtd, however,
that written notice of an intention to exercise such privilege is given at least thirty (30) days prior to pre ment.
a~~~3~ P~E143~
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