HomeMy WebLinkAbout0148 ~ 1~3576
woirronv~ ~so ~w~oo?~ ~oiw . .
~ c~~8~$t ~ssa, Se~ii t~ 13th '~a~ o~ March
A. D.1967 ~ b;. _ CHARLE3 0. INMAN and LU~[.LA E. NMAN hi g~; fe
o; 9t. LuCie QOtiritv~ Sta~e sf T~tori,~~ Darti Rs ef thp tiar~`
~Sni~aftrr oaued tks Yortpapor,S.. ~--~I~1F3T MOffi'CACS m1~FA:~*v~ a~~ a~~,~
corporat~on authorized to c1o business in the 3tate of F~lorida
. ~
Atre~~aVtsr asJSid t~s Yort~~ - .
WlTNBS.Sl~'Tg, T~at for diva~s pood a~d vo~~wb~s eo~aiderotio~~, owd ako ix oo~iderotiox
of ~ aOD~ ~ we~~d i~ t~s pr~issory wofa_. of s~ren dat~ ~twit~, ~er+eiwaher d~-
ier'e'b~d, t~ aord l[ort~ro~~_ 0~'~~. ~a~ o~e~. r~i~e, r~t~, ~hl a~rd oo~inw
~atto t~s aoid Yortpapse~, their eu44~g~'t~~y fi~ ~a si~pit, aA t~ks earta~t b~et
of ~ of ~v~ie71 t~s ssid 1[ortpapor $ are axd ae aet~ pos-
i~ 3t. Luci e r~y, Sta=s o~ 1~7ofida,? de~oribed as foUows:
Lot ~wo C 2), Bio~~ ~tve ( 5) .~v~xs~ Pr.~T
OF SOiTrH 25TH STREET 3UBDZVI3I01~. according -
~o the Plat thereof. recorded in Pa,at Book 11.
Page 46, of the Ftxblic Records of St. Luci e
CountY. Flo~ida. i
~ - I
t 3n osder to more tully pzot~ct the sQCUrity of this Mortqage, the
Mortqayoar~ together with, and in additfan to the nonthly psyment~
due under the ter~os of the Note secuted hereby ~ an the lst day ' of ~
each and every soa~th uatil sa?id Note is fully paid, aqree to pay
to and deposit aith Martya9ee an_a~ount Qqual to one-tw~elfth (1/12th)
o! the estisa?ted an~nua3~ res?1 astste taxes, assessnents, and fire,
extend+ed coverage and othes hszard insusance premiuas, so that the
lrlort9e?gee aill have on hand an amount sutficient to pay ea~h such
itea~ o~ the date on.xlii~h;p~?y~n~ c~ the saae b+ecomes due and pay-
abie. rhe Mott9e?qee shail . have the riqht tc! estabiish the a?~au~t
of such escro~r antl the asout~t of the mo~}thly deposit reqa ired to
create the escrvw account !or payment bt safd itess, althouqh the
Mortgaqee shall not be 13e?ble in any sannor Ear corYectness of the
amount established and collected. The Mottgayors ayree to deposit
with Mortgagee fran time to time such additional swds in escraw aa
may be necessary to pay any deficieacy in tbe escraw accamt
required to be collected in order to make the annua~l payment8 of the
foregoing items. In the event of default hereunder rQSUlt3.ng in
acceleration by Mortqasee of the indQbtedness secured by this
Mortgage, or in the event of foreclosuze hereof~ Mostgagee shall
have the right, at its sole aptior~, to apply the then balance
heid in said escroNr account .to zeduction of the indebtedness due
to Mortgaqee on the Note secwced hereby, such escrctir deposit to
then be apnlied first to taduction of intQrest, costs, attorneys*
fees, and principa?1, in s~?id order.
. _ ' °
RECEIYED IN ~AYMENT Of TA~
DUE ON CLASS'C' .NTANGIBIE ~EJq~IAL
• PURSUAHT TO CNMTER ~07'l~R, AC'ri OF iM4 '
ROGER POtTRAS. Cl~rit ~ C~1'f ~
as Aqent far GtJRT15 M.1~
S,,' SR Iwc~/~Co~y tax Collalor
b ~ ~
aoox 165 ~ac~ 147 -
~12.90 STaT~ D~CUM~ITARY 3TA~IPB~AFF'IXED TO OR2GINAL NOTE ~ cH:~C:.i.i.ED.
.r~Y~ ~ _ ~ : - - . _ .
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