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510~55 This lorm ~s used ~n connsction
w~lh morty~y~s insursd und~r tM
one- b lour-lam~y p~ovisions o1
tM Nateonal Hous~~9 Act.
MORTGAGE ~s
y~f.
TIIIS MORTGAGE. dated the 9th day of D~~~ , A.D. 19 ~ , by and, between
CHARLF~ A. WYNN AND YIFS MIIdNII~R R. WYNN hereinafter
ca~led the mortgagor, and
SUBURBAN CQASTAL CQtP. , a corporation organi~ed and existing under the laws of THE STATE OP' PF~1 eT~RSEY
heteinafter caUed the mortgagee.
WITNESSETN, that for divers good and valuable considerations, and also in consideration of the aggregate sum named in the pra
missory note hereinafter describeJ. Ihe said mortgagor dces hereby grant. bargain, sell, alien. remise, release. convey, and confirm unto the
said mortgagee all that certain piece. parcel, or tract of land of which the said morigagor is now seiied and possessed and in actual pos-
session, situate in the county of ST. I~1CIE
anJ State of Florida, describeJ as follows:
IAT 247, SE~tAT~i PLAZA. UNIT FOtht, REPLAT
PLAT TE~RDOF A3 R~CRDED IN PLAT BOOK 16,
R~CRD6 CJF ST. I~TCIB COUNTY, FIARIDA.
RL^TNf4 s 59' g~ tN PAY~G~IT OF TAXEs
LL'~ C'i CLF~S 'C IHTA!l6:SLf P~RSO~I PRGPERTY.
FL:.~~..4T TO L1i~.~Tiii 71-1:4, ACTS Of lall.
P.aiiR POITP.wS
Cl[FK q3GtI[T COraT~ ST. U{C1E ~0.. E1~~~
ACCCRDING TO TAE
PAGE 18~ PUBLIC
j ^
Together with all structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
proceeds, and profits accruing anJ 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
puwer rystems, machines~ appliances, fixtures. and appurtenances, which now are or may hereafter pertain to, or be used with, in, or on
~aid premises, even though they be detacheJ or detachabte.
TO HAYE AND TO HOLD the same. together with all and singular ihe tenements, hereciitaments and appurtenances thereunto be-
longing or in anywise appertaining, and the reversiun and reversions, remainder or remainclers, rents, issues, and profits thereot, and also all
tl~e estate, right, title, interest, homesteaJ, separate estate, possession, claim and demand whatsoever, u we11 in law as in equity, of tt~e
.aid 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 indefeasibly seized of said land in fee simple; that he has full
p~~wer 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
yuietly 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 murtgagor will make wch further assurances to prove the fee simple title to said land in said mortgagee as may be reason-
ably required, and that sa~d mortgago~ dces hereby fuliy warrant 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 morigagee, or order, the principal sum of 'IXFI~TY-~TINE THOUSAND NINE HUNIXtF~
AND NO/10Q Dollars (S 29, 900.00 ),
as evidenced by a note of even date herewith, with interest from date at the rate of THIRTEHd AND Oj~IF,-$pjl~'
per centum ( 13• ~J'~ ~), per annum on the unpaid balance until paid. The said principal and interest shall be payabie at the
c-ffice of ~~~ CQASTAL C(RP. , P. 0. BOX 1'~28, PAS9AIC ~ I~1 JFRSEY OrlO'"5
~~r at such other p ace as the holder ot the note may designate in writing, in montlily instaWnents of ~~ ~j~ ji~~.1jX~
AND 48110~ Dollars (S 'f 42. 48 ),
commencing on the first day of g~jJpRy , 19g~ , and on the first day of eaeh month thereafter until the
principal anJ interest are fully paid, exapt that the final payment of principal and interest, if not sooner paid, shall be due and payable on
the first day of ~JAjij[Jpgy ,~ 1.
Md shall duly , promptly, and fully perform, dixharge, execute, effect, complete, and comply with and abide by each and erery the
stipulations, agreements, conditions. and covenants ot said promissory note and of this mortgage, then this mortgage and the eatate hereby
created shall cease and be null and void.
And the mortgagor further covenants as fo[lows:
1. That he will pay ihe indebtedness. u hereinbefore provided. Privilege is reserved to pay the debt in whole, ot 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 m~turity:
ProvideJ, howe~rer, that written notice of an intention to exercise wch privilege is given at least thirty (30) d~ys prior to prepayment.
, J ~ BOf~JK P~GE ~1,5 8TATE OF FLORIDA
~ " 3~5
Previous Edition Msy Be Us~d Until E:hsusted
HUD-92110M (6-79)
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