HomeMy WebLinkAbout2574 .~vw¦vwvs vaw L~ ~~.7~~re~~• j 1~~1 RAMGO FORM Rtif O
To Cowroew~ww /ww~ wo~vrouw~. H• • BT
Miami, Florida ~
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Execu~ed ehe 15th doy o/ April A. D. 19 69 by
RAY V. NSTTLBS AND DONNI$ C. DT8'PTLBS, his wife
l~eretnaJler caUed the mortgogor, to MIDWBST MORTGAGB COMPANY~ 3 M1880U=1 COrp0r8ti A
authorized to do business in tha State of Florida_
~,eerpenaMo~.~d.ling-ar.dr,-tl~.-la~sreF-l~~~lalrof- . wtek tb pvrmanant pa.tojjtce
add~es, a~ 120 N. 9th Street, Miami, Florida
herelnnf ter called the mortgagM: .
(w~e+erer ..ed ~e.e;. tb w~. • ud ••aort~a{e~•• iselwk .u t~t o.reia a t~i. i.w~e~t a.d tY.. Vie't
~er~
kRd eePrescwtatives ~ed ~rq~ ~o~t~~ur~ud t?s woeenon a~d a~i~~ d toryeratiorr; a~d t4 ee~ '~o1e'
i~c~da aM t4 wea ~eea~ d~ibed it ~e o~e.)
~~~~i~ tkat ~or good ~d ~I~6G oo~,td~tto?~,, nnd nlto in conside?atton o) tht agqn-
gnte sum nnmscl i~ !he promissory note of eren cjnte ~erewith. ~ereinalter dwcrt~. the n~ortgagor hero-
by grnnb. bargatns. ael~s. altent. ?emisea. c~on~eys and oon~irma unto tl~e mortgagee nU the cwfain land
o` which fhe nwrtgagor is now aeized and in possesston aituafe in St. Lucie Countp.
F[ortda. vt::
~'a 1k ~ TU~d
f'.'` ~!`:'rn ~ '~r '~L p'~PERn~
f:'. ,_':~3 ' IRt!?tiG~d'.E A~ 3. ~ 19t1. !
J Lot Four (4) , Block Five (5) , .
F~- s a~, .~1 Gca:1 REVIS$D PLAT OF SOUTH 25th STRB$T
F.C G ~ : : t " : C:.,
as Ag~~~t y' ~~~E~ ,R SUBDIVISION, accordfng to the Plat
Jt l~y1e j~ recorded in Plat Book 11, at Page
46, of the Public Records of St.
gy ` q~tt Lucie County, Florida. ~
` =n osdez to more fully pYOtect thQ security ot' this Mostgage, the
~ Mottgago= ~ together with, and in addit~i
hez bthe~mo~helis~'~y~of
- du~ under the tezms of the Note secur y' ld a ree to pa?Y d
~a~ch and every ~onth until said Note is fully pa' , 9
~ to snd depcsit aith Moactgagee an amount equal to oneitvre~t~h f(~e12th) 4S
' of the estimated annual res?1 estate taxes, assessmen s, ~
4~ ~~Qxtended coverage and other hazaZd inswcance premiums, so that the
i Mortgagee aill have o~ hand a?n aa~ount sufficient to pay each such
i A item c~ the date on which payment af the same becomes due and pay-
t able. The Mort9agee shall have the zight to establish the amount
~ 1; ot such escYOa and the amount of the monthly~deposit requized to
cseate the esczovr account for osyment of said items, although the
~ 1Kostgagee shall not be liable i.n any mannQY E~rs a~~nto dep sit •
~ aa~ount established and collected. The Mortga?go ~
with Mostgagee from time to time such ad~itional susns in escraar as
a~ay be necessary to pay any de~iciency in the escraw account
required to be collected in ozder to make the annual payments of the
lo~cQqoing items. In the event af dQfault herawader resultinSi ~
accelQration by Mortqagee of the indabtedness secu=ed by this
Mortyage, or i.n the evQnt of fo~reclcswre hereofe then
ba
~e 11
h~ve the right, st its so1Q option, to apply
held~in said esczvw account to reductioa of the indebtedness due
to Mortgagae on the Note secu~red heseby, such escrow deposit to
than be apnlied liYSt to raductioA of intorest, costs, ~?ttvacneys'
~ fQes, and principal, in said o~cder.
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~ $13.05 STATB DOCUMSNTARY STAMPS HAV$ BESN AFFIXSD TO TI~ OiRIGINAL
NOTS APID CANC$LLSD.
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