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HomeMy WebLinkAbout1934 _ - , 494231,e•aeconl ~ cH-2o12 ate-blow-hmiy? provNloea of tM NsRional Housing Act. . MORTGAGE • liIORTGACB, dated the loth .day of JULY , A.D. 1980 , by and, between STEPHEN BOUZIANIS ~ KERRY ANN BO~ZIANIS, his wife hereinafter called the mortgagor, and SUBURBAN COASTAL CORP . - a corporatiost orgsaized and exhtiag trader the laws of . NEM JERSEY - heeelnafter called the mortgagee. - WITNESSB'tH, that for dicers good and valwbk oosuideratlow, and abo in oonsideratlea of the agre6ste sum named is the pro miaory note hereiasfter described, the aid mortgagor does hereby pant, bargalu, sell, alien, remise, release, convey, and coufina unto the aid mortgagee all that eertaia piece, parcel, a tract of land of which the said mortpgor is now seized and posseaed and is actual pos- sesdan, dtwte in the county of ST . LUC I E and State of Florida, described a: follows: Lot 1, Block 461, PORT ST. LUCIE, SECTION TWENTY- - -SIX, according to the plat thereof as recorded in Plat Book ~4, Page 4 of the Public Records of St. Lucie County, Florida. - RECriYED = ~3rOa tN f ATtIElIT O? DJi QN-CLASS 'C INTAH6~SLE PfRSllMil PDOPEtITY, Pl:RSL'APIT`TO I:kAPTER 71-t3~, ACTi OF 1171. RtiGER PORRAS t~E1tK QaCYR C1111RT, =T. LDCE 00„ lliL~~~ t:!"' ~ J M € ~I TA P. Y S I ,ti1 r_ ; • ~ ~ . ' Together with all structtues and improvements now and hereafter on said land, and fixtures attached thereto, and all rent:, issues, proceeds, and profit: 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, ekctrk, water, and other heating, cooking, refrigerating, lighting, pltunbing, ventilating, irrigating, and power systerru, machines, appliances, fixttues, and appurtenances, which now are or may hereafter pertain to, or be used with, in, or oa i said premtns, even though they be detatdted or detachable. I TO HAVE AND TO HOLD the acme, together with all and singular the tenements, hereditament: and appurtenances thereunto be- ~ longing or in anywise appertaining, and the reversion and reversions, remainder or remainder:, renb, issues, and profits thereof, and also all the estate, right, title, interest, harte:tead, dower snd right of dower, separate estate, possession, daim and demand whatsoever, as well io law as 6t equity, of the said mortgagor in and to the same, and every part thereof, with the appurteaaaoes of the said mortpgor is and to the same, and every part and parcel thereof unto the aid mortgagee in fee sirrtpk. Md the mortgagor hereby covenants with the mortgagee flat he is iadefeastbty seized of said laud in fee aianpk; that he has full i power and lawful right to compy the ame in fee simple as aforesaid; thai it-shall be lawful for the mortgagee, at all times peaceably and . . ~ quietly to entei upon, hold, occupy, and enjoy said land, and every part thereof; that the laud is and wt7l remain free from all encum- brances; that said mortgagor will make such further assurances to prove the fee simple title to aid land in said mortgagee a: may be reason- ] ably required, sad that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and wtyl defend the same against the lawful claims of aU persons whomsoever. PROVIDED ALWAYS, and these present: are executed and delivered upon the following conditions, to wit: ' The mortgagor agrees to pay the mortgagee, or order, the principal stun of Thirty six thousand five hundred and No/100---------------------------------------------------Dollars (536,500.00 s e as evidenced by a note of even date herewith, with interest from date at the rate of Eleven and one half - pQr centtun ( 11 , ~ 96), per annum oa the unpaid balance until paid, The said prindpal and interest shall be payable at the ofiiceof Suburban Coastal Corp., P. 0. Box 1328, Passaic, New Jersey or at such other place s: the holder of the note may designate in writing, in monthly installment: of Three hundred sixty one ! and 72/100-------------------_-----------------------------------m~(=361.72 commendug on the first day of September , 19 80 ,and on the first day of each month thereafter until the prindpal and interest are fully paid, except that the final payment of prindpal and interest, if not sooner paid, alwli be due and payable on the rust day of August, 2010 ` ~ - Md shall duly .Promptly, and fully perform, dischugie, execute, effect, complete, and comply with and abide by each and every the stipulations, agreement:, condition:, and covenants of said promissory note and of this mortgage, then this mortgage and the estate hereby i created:ttall cease and be auU and void. Md the mortpgor further coveuanb as follows: 1. That he will pay the indebtedness, as hereinbefore provided. Privilege b reserved to pay the debt iA whole, or in an amount equal } to one or more monthly payment: on the prirtdpal that an next due on the note, on the first day of any month prior to maturity: Ptovtdtd, however, that written notice of an intention to exerdse suds privilege b given at kart thirty (30) days prior to prepayment. dD~t~ t~ p~~~ f 4 =TATS OF FLORIDA R~p1apN Form FHA-2110M,whieh b Ob~oit» ~e~~~C~J Bit P~~~ HUD-92111NN (12-78) - -