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HomeMy WebLinkAbout0970 ST-4L ~ 1~? ~,.~5.~, . P~tricia L. 1~1~u ~t ~r~.~._ r~ 1~~ir c~~~P rtw "~II~S - - M a s*.uit Ww~ nan;.E ~~~F:~~ Th~S t~,~m ~S uSl3 ~n connec t~pn w,~n mo~?qsyes ~nsu~ed unde~ tne on~ to low I~m~ly p~ov~s~uns o~ ~ ~ne Nahonai Nous~nq Act ; MORTGAGE ' ~ TNIS MORTGAGE, dated the ~fay ut May 1I . A 1) 1~~ 8 3 , h} anJ, hetwrer. MARCUS PECKfi11M, a sinql4 man, iirrrii~~tter . ell~d the rn~~rtgaR~+r, and ALLIANCE MORTGIIGE COMPANY , , a corporatiun organ~ed and ex~st~ng under the law~s u( F1 or ida hereinafter called the mortgagee. WITNESSETH, that for divers good and valuable consi~ierahons, and alsu in coitisi~ierauon ~~f the a~rrgate surn n~rne.i in tl~r pr~~- ~nissory note hereinafter described, the said mortgagc~r does hereb~ grant, bargain, sell, al~en, rem~se, release, convey, and runtirnt unt~~ the :a~~i mortgagee all that certain piece, parcel, or tract of land of wh~ch the sa~d mortgagor is n~~w• seize~i and possessed an~i in a~tual pus- sess~on, situate u? the a~unty of St . LuC ie ~nJ State of Florida, described as follows: LOT 3, BLOCK 1540, PORT ST. L[ICIE, SECTION THIRTY, according to the Plat thereof, as recorded in Plat _ Book 14, Pages 10 and l0A throuqh 101, of the Public Records of St. Lucie County, Florida. ~ r. ~ Together with the following household appliances: Range/oven, ~ refrigerator, dishwasher, clothes washer~ dryer, garbage disposal, aiid vent fan. The express enumeration of the above and foregoing items shall not be deemed to limit or restrict the applicability of any other language expressing in general terms other equipment ~ or appliances intended to be covered herein. SUBJECT to covenants, restrictions and easements set forth in those ~ certain instruments recorded in Plat Book 14, Pages 10 and l0A through 10I; O. R. Book 146, Page 482, of the Public Records of St. Lucie County, Florida, any violation of which, whether now existing or hereafter occurring, shall at the option of the mortgagee, its successors and assigns, constitute a default under this mortgaqe - and the obligation thereby secured fQr all purposes. ~ T~~gether a~ith all structures and tmprc;vements nuw an~1 hereatter on sa~~l lan~3, an~l fixtures atta~he~l therrt~,. an~i all rer.ts. issue~. ~•.~.ee~7s. :~nd profits accrwng and tu arcrue frum saiJ premises, all ~>f whi;h are in~luded within the f~~reKenng ~ies~nptr~n ~n~i the h~hen- :,:;n thereof: alsu all gas. steam, ele~tric. water. anJ ~~ther he~un~, cuui:ing. refri~erat~nc. LpJ~tin~. plumhing. ~~rrtilatsng. irne:,tink. ar?~ ~ ~.~er systems, machines, appl~ances, fixture~. an~ ~ppurtenances, wh~~h nuw are e~r ri;a~ herestter perta~r. r:, c~c he use~i ~ai:f;. in. ~~r ;~r. nremtses, even thou~h the~ be detache~ ur ~eta~hable. ~ TO iIAVF Ai~D TO HOLD the s:ime, tc~gether w~ith all an:~ singul~r the tenernents, here~iitaments anJ ~~purtenan~c~ thereunt,~ nr- ~ ~ne~ng or in anyw~~se appertaining, and the reversion and re~~ers:uns, rerTlain3er ur remainders, rents. issues, and prufits thereuf. an~i al.~ ~~1: ` : estate, ngtit. title, ~nterest, homestea~i, separate estate. pc~ssessiun, cla;rn an~ demand whats~se~er. as well ~n I~~ ~s ~n ey~ic~ .~~f th~• rnort~agor in and to the same, and ever~- part thereof, with the appurtenances of the s:i;d m<~rtgsgur tn an~: t~~ th~ s~nie. ~r~~ r~.en p~r. x parcel thereof unto the said mortgagee in fee simple. r And the mortga~ur hereh}~ ce~ven~nts with the rnc~rt~:agee that he is tn~l~' ._~ihl} seve~l ~~t sa~~ land in te~ sim~le. that hr ii~s tu!; ~ :.er and lawfui nght to cum~ey the Same ?n fee sirnple ~s afi>resa~~l. that ~t sh~ll be lawful lur the murtEagee. ~t all times ~e~:e;~hl~ ari.: ~ tl}• to enter upc~n. hold, uccup} , and en~~~~• said lariJ, and ever}• part thereuf. that the lan~1 is and ~~~II remsin trrr fr~~r~i ..,11 tn~ur.i- r..n,es; that said mortgag~~r will make such further assu;ances to pn>ve tf~e fee simple title t+, sai~3 lan~i ~n s;i~~i murtgaeee a~ ;na~ s~e reesun- ~ required, and that sai ~ m~+:tFa~u~ does hereb~~ full} warrant the title tu sa~d lan~1, and e~er~ p~rt thereuf, an~l ~+iil :feten~ t?~e ~~tn~• ~ ~.:!nst the IaK~ful claims of all persons whomsoe~~er. t FROVIDED ALWAYS, and these pres:nts are executed and deli~ere~1 up~~n the fulluw~n~ cund~c~~ms, tc, wi! , The mortgagor agrees to pay the murtgagee, or order, the principal surn <,f Forty-Nine Thousand Sif ::~dred Fifty and NO/100 - - - - - - - - - - - - - I~~~flar~~S49,650.00 ? ~ - ~ ~~~ienceJ hy a note of even date herew~th, with ~nterest fr.~m date at the rate of e leven and one -ha 1 f - ~ ~entum ( 1~, 5~'~).per annum on the unpa~d balance until paid.7he said principa! and terest shali he ~~J~JhIC,J~ tt~c ~s~~rc~f Alliance Mortgage Com~any, Post Office Box 4130, Jacksonville, Florida 32231 •.,t such other place as the holder of the nute ma}~ des~graate ~n w~rti:~ng, in monttily installrnents uf FOUr' Hundred Ninety-One and 68/100 - - - - - - - - - - - - - - [h~llars iS 491. 68 1~ rnmenc?rg on the First da}• of ~ July . 19 8 3 , and on the fi:st da~ ot ea;h munth thereafter until the ~rirzcipal and interest are fu11}• paid, except that the final payment oi prtncipal and interest, if nut sooner pai~, s}~all he Juc and p~} ahie ur: - tirst da} !~f June , 2 0 i 3 _ And shsll dul~• , p~vmptly, and fully per?orm, discharge, execute, effect, camplete, and curnpi~ w~~th and ahide b} ear1~ and ever~ the ~;;~u!atwns, agreements, conditiuns, and covenants of said prot;zisse~n nute and of this r;lt~lt~l~.t', (Il:'fl iI11S I11VIlC31C 3(1 ~[Ilf ~St3tf I1CTff1~ re,,t~d shall cease and be null and vcid. - And the mortgagor further covenants as follows: 1. That he w~l pay the indebtedness, as hereinbefore provided. Prrv~lege is reserved tc~ pay the debt in whule, or in an ~mount equal Y ~~ne or mure monthly payments on the principal that are next due on the note, cm the fitst ~a~ ~~f a(~~ munih pnur tu maturity: ~ ~7 ,,v~ied, he,wever, that wntten notice of an intention to exercise such pnhlege ~s ~ven at least thirty (;0) days pn<ir to prepayment. STATE OF FLORIDA HUD 92110M f6 79{ = ~~~K 401 ~~~,E ~7t1 ~~a ~F~ 2~