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HomeMy WebLinkAbout0380 ~CC~3326027 ~t~~i~ S;~ ' ` 0 ~a_ Th~s torm is used ~n connection w~lh mortgages insured unde~ tM one- to (our-Iam~1y ptovisions of , 1he NaUO~al Hous~~y Act. MORTGAGE ~a,~a TtllS MORTGACE, dated the day of M~CE~ , A.D. 19 H1 , by and, between LEVON TN~IAS AND WI['E VALERIE JEE'FERSON THOMILS hereinafter ~alled the mortg~gor, and SUBURBAN COASTAL CC~iP. , a corporatian urganited and existing under the laws uf THE STATE JF NE.W JERSEY heteinafter calleJ the mortgagee. WITNESSETII, tt-at fur divers good and valuable considerations, and also in consideration of the aggregate sum named in the pro- missvry note hereinafter described, the said mortgagor uces hereby gran~, bargain, sell, alien, remise, rele3se, convey. and confirm unto the saiJ mortgagee al) that certain piece, parcel, or tract o~ land ot whirh the said mortgagor is nuw seized and possessed and in actual pas- session, situa!e in the county of ST. LUCIE and State af Florida, Jes~:ribed as follows: LOTS 9 AND 10, BLOCK 8, PLAT OF PARADISE PARK ADDITION, ACCORDING TO TNE PLAT TNEREOF RECORDED IN PLAT BOOK F3, AT PAGE 36 OE THE PUBLIC RECORD6 OF ST. LUCIE COUNT~, F10EtIDA , -, ~ -- 53.90 ,,. e~ =:T ~s tsX~s . . . •. _ . • ' . - ~ `_ F-._:'EniY~ _. ~. • .. , -~S Gf IilL :_: i•_1~::~5 ~ CL.FK G:.:J~T C;;E.,T. ST. W:.iE 00.~ Fu,~~' ~ • < < ~- ~Y ~ , ' . _, . ~1 . . .: t _______._-- - --- - - - --- Together with all structures and improvements now and hereafter on said land, and fix*.~~res attached thereto, and atl rents, issues, prcx:eeds, 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, re~rigerating, lighting, plumbing, ventilating, irrigating, and puwer systems, machines, appliances, fiztures, ;u~d appurtenances, which now are or may hereafter pertain to, or he used with, in, or on said premises, even tho~gh ihey be detacheJ or detachable. TO HAVE AND TO HOLD the same, tu~ether with all and singular the tenements, hereditaments and appurtenances thereunto be- longing 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, separate estate, possession, claim and demand whatscever, as weU in law as in equity, of the said mortgagor in and to the same, and every part thereot, 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 thc mortgagee that he is indefeasibly seized of said land in fee simple; that he has full power and lawful right to convey tf~e same in fee simple as aforesaid: tt~at it shall be law•ful for the mortgagee, at all times peaceably and yuietly to enter upon, hold, occupy. and enjuy s;iid land, and every part thereof; that the land is and will remain free fro~ all encum- brances; that said murtgagor will make such furtt-er assurances to prove the fee sunple tiNe to said land in said mortgagee as may be reason- ably required, and that said nu~rt~;agu~ docs hereby fully warrant the title to said land, and every part thereot. and will defend the same aeainst the l~w~~il ~:laimc ~( ~II nrrc~~nc whpmcrryr-. PROVIDED ALWAYS, and these presents are executed and delivered upon the foliowing conditions, to wit: The mortgagor agrees to pay ti~e mortgagee, or order, the principal sum of T~nfENTY-SIX TNO'JSAt~D NINE H~JNDRED FIFTY- AND ~~0/100----------------------------------- Dollars(S 2b~950.00 ), as evidenced by a nute of cvcn date herewith, with interest from date at the rate of F'p(JRTEEtI per cemum ( 14 ~), per annum on the unpaid balance until paid. '~'he said principal and interest shall be payable at the office of j~~BAN CQASTAL COIiP. , P. 0. BOX 1328, PASSAIC, ?~EW JERSEY 07i3~5 ~ ~-r at such other place as the holder of the note may designate in writing, in monthly installments of ~EE HUNDRED NINETEEN AT~D 32/100 ------------------------------ Dollars~s 319•32 ), commencing on the ~rst day of Mpy , 19~~ , 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 uf pp~ jL , 2011. - Md sl~all duly , promptly, and fully perform, discharge, execute, effect, complete, and comply with and abide by each and every the stipulations, agreements, conditiuns, and covenants ot said promissory note and of this mortg~ge, then this mortgage and the estate hereby created shal! 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 reserved to Pay the debt in whole, or in an amount equal ta one or more monthly payments on the principal that are nexi due on the note, on the first day of any month prior to maturity: Prnti~ided, however, that writt~n-notice of an intention to exercise such privilege is given at least thirry (30) days pri~r to prepayment. Previous Edition May Be Used Until Exhausted BU(IK VV~ FAGE ~~ STATE OF FLORIDA HUD•92110M (6•79) DP~. : . . , _ - . . . .