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MORTGAGE
CH-2883 ~~ ~
This form is ua~d i~ wnn~ction
with mort~ay~s insur~d und~r lM
on~- to four-famiyl provisions ol
tM National Housin9 Act. ~
bb,ao
THIS MORTGACE, dated the 6th day of February , A.D. 19 81 , by and, between
STEPHEN R. BAKA ~~d CAROL A. BAKA, h1 s w1 fe hereina(ter
caued the mortgagor, and ~E ~pMqS ~ NETTLETON COMPANY
, a corporation organized and existing under the laws of CONNECTICUT
hereinafter called the mortgagee.
WITNESSETH, that fo~ divers good and valuabk considentions. and also in consideration of the aggregate sum named in the pra
missory note hereinafter dexribed, the said mortgagor does hereby grant, bargain, sell, alien, remise. release, convey. and confirm unto the
said mortgagee all that artain piece. paral or tract of Iand of which the said mortgagor is now seiud and possessed and in actu~l pos-
session, situate in the counry of ST. LU~IE
and State of Florida, described as follows:
Lot 43, Block 1581, PORT ST. LUCIE, SECTION THIRTY, according
to the Plat thereof as recorded in Plat Book 14, Page 10 of
the Public Records of St. Lucie County, Florida.
rtEC~ = 88, 0 0 n~ rAre~xr oF t~s
DIlE QN CI~St 'C' IkT~YS'8LE PtHSDkAt PROPER'~Y~
PC~iSUIINT TO CHbPTf. 71- {, A~TS OF Mn.
R:';G:~i P.ITr.~
CLER[ OAtIpT CO~AT. ST. W~ Ca. RA~ ~-
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Together with atl structures and improvements now and hereafter on said land, and fixtures attached thereto, and all rents, issues,
prcx:eeds, and profits ~ccruing and to accrue from said premises, all of which arc included within the foregoing description and the haben-
dum thereof; also all gas, steam, ekctric, water, and other heating; cooking, refrigerating, Gghting, plumbing, ventiiating, irri$ating, and
puwer rystems, machines, appliances. fixtures, and appuctenances, which now are or may hereafter pertain to, or be used with, in, or on
said premises. even though they be detached or detachablr.
TO HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances thereunto be-
lunging or in anywise appertaining, and the revenion and rerersions. remainder or remainders, rents, issues. and profits thereof, and also all
ct~e estate, right, title, intenst, homestead, separate estate, possession, claim and demand whatsoever. as well in law u in equity, of the
said mortgagor in and to the same, and every part the~eof, with the appurtenances of thc said mortg~gor in and to the same. and erery part
and parcel thereof unto the said mortgagee in Eee simple.
And the mortgagor hereby~covenants with the mortgagee that he is indefea~bly seiud of said land in fee simple; that he has full
pc~wer and lawful right to convey the same in fee simple as atoresaid; Ueat it shall be lawful for the mortgaget, at aU tima peaceably and
yuietly to enter upon, hold, occupy, and enjoy said land, and ev~ery part thereof; that the land is and will nmain free from all encum-
hrances; that said mortgagor will make wch further assurances to prove the fee simpk title to said land in said mortgagee as may be reason-
ably required, and that said mortgago~ dcea hereby fully warrant the title to said land, and every pazt thereot, and will detend the same
~gainst the iawful 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 mortgagee, or order, the principal sum of '
FORTY-FOUR THOUSAND AND NO/100------•~-___.._________,,,...___.,,.~..pouars (S 44,000.00 ).
~s evidenced by a note of cven date Nerewith, with interest from date at the rate of THIRTEEN and ONE-HALF
per centum ( -13.50 9b), per annum on the unpaid balance unW paid. The said principal and interest shall be payable at the
„trceor THE LOMAS ~ NETTLETON COMPANY,2001 Bryan Tower, Dallas, Texas 75201
~.~r at such other place as the holder of the note may designate in writing, in monthly installments of FIVE HUNDRED THREE
DOLLARS AND 98~11 QO------------------..--------..-------..---_~-•-Dollan (S 503.98 ),
cumrreencing an the first day of Apr11 , 19 $~ ., and on the first day of each month thereafter until,the
principal and interest are fuUy Qaid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on
the first day ot March, 2011
Md shall duly , promptly, and fully perfurm, dis.:harge, execute. ei'fect, compkte, and comply with and abide by each and every the
stipulations, agreements. conditions, and covenants of sai~i promissory note and of thia mortgage, then this mortgage and the estate hereby
created shall aase and be nul! and void.
And the mortgagor further covenants as followa:
1. That he will pay ihe indebtedness, u hereinbefore provided. privilege is resenred to pay the debt in vyhok, or in an amount equal
to one or morc monthly payments on the principal that ue next due on the note, on the ftrst day of any month prior to maturity:
f'rnvided, howe~~er, that written notice o( an intention ta,exercise such privile84 is given at least thirty (30) days prior to Qrepayment.
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Previous Editiw~ MsY 8t Us~d Until Exhausad q. $~ ~ ~f ~
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STATE OF FLORIDA
HUD-~J2110M (6-79)
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