HomeMy WebLinkAbout2278STATE OF fLORICA
FHA FORM NO Z110 M
Rwit~d May 1977
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MORTGAGE
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This form is used i~ connection
with mon~es insured under the
onr to four-famiqr provisions ol
ths National Housing Act.
THIS NOR7'GAGE. dated Ihe 13 th ~+Y ~~~ T~8rCt1 • A. D. 19 81 . by anJ.
hetwten MICHAEL W, CLARK 7 JOANMARIE CLARK, his wife
her~inatter ca~kd ~he mon~8ur. aod MOLT 0 LEN & WILLIAMS INC , a d/ or as s i n and / or
int~ere~~r~ay°afpPeaY'sing & t~~lc~pcrent, the3r ~SUCCessbrs~ assogns~ ~ ~tleir
, a corpor~tion o~ganized anJ exicling ut~fer Ihe lawc of ~~~
. hereina(ter calleJ ~he mongxRee.
1A'ITNESSETI~, thal fur diven g~xx1 anJ valu:ii+k run~iderationc, anJ aho in cumiJeraii~-n u( thr :~regate wm namrJ in Ihe prumi.~u-
ry rM-te hereioetler dekribeJ. Ihe wiJ mun~gix J~-e. hernby grant, harbain. ~e1L alien. remi+e_ relea.e. convey, anJ runfirm untu the wid
murly,agee all Ihat cettain piece. {wrcel, or ttact of land ot which ~he wiJ murtg:+gor ic now• .ei~eJ anJ {x»~ec~ed and in a. wal ~xxce,ciun. ~itu-
xte in tbe county of SA~Tr ~~E
•rnJ State af FloriJa. deccribni •r~ followc:
Beginning at the Northeast corner of Block 6 of Lawnwood
Addition, a subdivision according to the Ylat thereof, as
recorded in Plat Book 2~ page 16 of the Public Records of
St. Lucie County, Florida, run West, along the South right
of way line of Georgia Avenue, a distance of 120.005 feet;
thence run S00°30'35"E, a distance of 7a.26 feet, to the
POINT OF BEGINNING; thence co8tinue S00 30'35"E, a distance
of 16.ti7 feet; thenc~ run S89 29'25"4l, a distance of 66.00
feet; thence r~n N00 30'35"W, a distance of 16.67 feet;
thence run NS9 2~'2~"1:, a distance of 66.00 feet, to the
POINT OF BEGINNING.
Subject to taxes for the current year, easements, restrictions
and reservations of record and zoning.
Together with central heat & air conditioning, range & dishwasher.
q~lwi • ~ ~O° N ~nc 0! Ta~s
~ Ow On Claw `C` i~,lrrbM ~+~rpr,y !~4-.
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~ ~ '_ __ 1 _ _ .._ . `l _ . _ . . i 'w~wnt TO CN~r 71.1i~Aw~ Ot tll1.
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` ~ ~ ~ . `~ i • _ . _ . - - • .. . i ~i~ C.~011k ri ~ ~~` 7 s! `~
' ~' . 4 _ ~ _ _, ., .. .. -..-" -~ 0 ~. If v ~ ~~~ /
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Together with all ~~ructurei and improvcments now anJ hcreafler on wid I~nJ. anJ fi~wrcs a~ta~hed if-ereto. anJ all rents. issuc~. pro-
cecdc. and pn-fitc xcruing •rrnllo accrue trom said premixc. a0 af which are included within Ihe torcgoing Jeccription anJ Ihe hatxnJum Ihere-
ot: also all gas, steam. ekctric. water. arni o1Mer healing, cooking. rcfrigerating. lighting. plumbing. ventilaling. irrip.aung. •rnJ {x.wer cy~tem~.
machmes. a{-pliances. fi~tures. arwl appurtenanctc. wAich rn~v- are or may herta(ter penain 1a_ ~x Ix uxd wilh. in. ~x on +:~iJ premi~t~. even
~h~wgh they be detachai or detxhabk_
TO HAVE ANDTO HOLD the same. t.~{tether wilh all and singular ~he terstments. hcreditamentti and eppunenanct~ lhereunto helonging
ur in :mywi+e appert•rininF, aoJ the revrr.ion and revervon~, remainJer or rtmain~fer.. rentc_ ic~ue.. anJ profil~ Iherc~~f _:md :J..~ all lht r.~ate_
righl. tide. imcte~l. M~me~teaJ_ Jower anJ righ~ of Jow~er..eparatc e.~ale. M...e..i~~n. daim anJ JemanJ what~xver, a. well in IaM :~. in rqui-
ty. uf Ihc .aiJ mort~gor in and to the +•rme. anJ every {-art thrreo(. wilh lhe a~+purlrnance~ ~~t ~he .aid murt~;agur in :mJ lo Iix .ame_ anJ i~ery
par~ anJ parrd ~hereot unt~-1he wid mortg•rRte in tet ~impk.
AnJ the morlp.:~gur hercby cuvenant~ with the mort~gte Ihat he ic inJeka~ibly ~ei~cJ uf ~aid ~rnJ in ttr .imple: Ihat he ha. (ull M~wrr
anJ law(ol righl to cunvey Ihe ~ame in (ee cimpk as atorecaid: thal it cAall t-e law(ul (or Ihe mortgagee. at all lime+ pe•rceably and yuielly 1o en-
It~ upon. hold. occupy_ and enjoy said land. and every part thereof: thallhe land ic •rnd will remain free from all encumbrancec: thal wiJ murt-
gag~x will make such funher acsurances to prove Ihe fee simpk titk to said land in wiJ mon~ete a~ m•ry he rea~unahly requireJ. anJ ttwl wid
morlgagur doec hereby tully warram the titk to said land. and every pan thereof. and will ~itfenA Iht wmt againsl !he lawful rlaimc of all per-
~onc wfiomsoever.
PROVIDED ALWAYS. and Ihese ~esents arc executed and delivtred u~~n the folbw in conJitium. to wit_
The mongagor agrees to pay the monEragee. or ordcr. the principal ~um uf ~~p'~ ~~ ~D &~~1~
Ik~llars IS ~ , .3~. ~ . . . . . . . . . . . . . . . . . . . . . . . ~_ ~c evidenced by a note ot even date herewilh. witA interccl (r~im dale at tlx
ra~c of ~~Q~i'` . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p~r centum t 14• ~ • • • ~/. ) per annum on ~he unpaid t+alance
unlil prid_ 7be xaid preacipal anJ imere~l chall t+e payabk al Ihe ulTice of ~~1~, ~~ & j•~~.~'~, P. ~. ~OX 1~25
B1YI111TI~ii, e~. 352~2
.x .t .uch aher place as the holder of ~he nMe may de.igna~e in writing, in momhly in~tallmentc af Four Hundred s eventy-
seven & 51/100---------------------------- ~tar~~s 477. 51------ I.commencingon
~frc first day ot ~lY . 19 $1 . and on the hrst day of tach manth Ihereafter unlil the princip~l and
intereq are full p~id except that Ihe final paymenl of principal and interest, if not sooner paid. shall Fx due anJ payabk on Ihc firsl day o(
Apri~ 20~1 _
And ~hall duly. promptly. and tully pertorm. discharge. execute. efiect. complete. anJ comply with and ahide hy e•rch arut every the ~Iipu-
lati~m~. agreements. condilions. anJ c~venants of caiJ promissory nat and of ~hia mor~page. then thic mortgage and ~hc e+tate hereby crea~ed
sM~ll ct~u atsd be nuN ~nd void.
And the mortga~or funher covenantc a~ folbws:
1- Tha1 he will pay 1he indebtedness, as hereinbetore provided. f'rivikge is reurved to pay Ihe debl in whok. cx in an amount equal to one
or m~~re monthly payment+ on the principal tAat ue next due on the note. nn Ihe first Jay of any monlh prior to maturity: Pravided, however.
tha( w~ritlcn rnNice uf an inlention to t~erci~e wch privikge i~ given ai kr.~ ~h~ny 1 u11 Jap. pri~x ~o prepa) ment. ~i~~ ~'~
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