HomeMy WebLinkAbout2435 I, we or either of us, u•hether principal, securlt~~, guarantor, endorser, or other party hereto, agree to
be jointly and severally bound. 1 or H•e, each f urther v~ai~ e demand. protest and notice of demands. protest, and
n~npayment.
FEDEBAL TRIJTH IN LENDING DISCLOSL1RES ~o F~~~
=r_ u,c~ c;wwri fu~
Cash Price OOO.OO~ R~~` F~ t eDtM~
--.~~e.. L ~ ~~C U
^_'otal Caah Downpayment ~ ~00.0~~~~ ~ f0
Unpaid Balance!Amount ~nanced ~ 5pp• ~ i~ ~ ~
Fi?~TAA!(`_F. ('HARGE (rnnsisting solely of a ~~C~ 44
time price differential) $1 ~ ~ i~• ~ - -
Deferred Pa3•ment Price E6 ~ 3~0. 04
Total of Payments a5 ~ 8~0. 00
ANI~7UAL PERCENTAGE RATE 10• $ 5 q~
I, ~•e, or each of us. H•hether principal~ securit~•, guarantor, endorser or other party hereto, agree to
1,e jointly and se~•erall~• t~ound. I or ~•e, each further v?aire demand. protest and notice of demand, protest and
nunpa~-ment.
MORTGAGOR FliRTHER AGREES:
1. To make al1 payments reyuired by that note and this mortgage pmmptlti• K•hen due.
2. To pay all taxes, assessments, liens and encumbrances on that propertt• promptly w~hen due. !f
' they are n~t pmmptly paid, the Mortgagee may psy them without wairing the option to foreclose, and such ~
payments, v?ith interest thereon from the date of payment at the same rate as specified in that nate, shall
; also t,e secured by this mortgage.
? 3. To commit. permit, or suffer no waste, impairment or deterioration of the mortgaged propert~•.
~ 4. To pa~ all expenses reasonabl~ incuned b~ the Mortgagee because of failure of the Mortgagor
to comply aith the agreements i?y that note or this mortgage, inctuding reasonaLle attorneys' fees. The cost
thereof, with interest thereon fmm the da3 of payment at the same rate a5 specified in that note, shall al~
be secured by this mortgage.
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5: If any payment pro~~ided for in that note is not paid within 30 da~s after it i,ecomes due, or if an~
agreement in this mortgage other than the agreement to make the pay ments is breached, the entire unpaid
principal balance of tha± note shall immediately become due at the option of the Mortgagee, and the Mort- '
gagee may foreclose this mortgage in the manner pro~ided by law, and ha~e the mortgaged property sold to
satisfy or apply on the indebtec3ness hereby secured.
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6. The rents and profits of the mortgaged propert~ are also hereb~• mortgaged, and if prc?ceedings
to foreclose this mortgage shall be i~i~tituted, the court having jvrisdiction thereof may appoint a recei~~er of
s the mortgaged property and appl,r those rznts and profits to the indebtedness hereb~• secured, regardles.s of
the solvency of the Mortgagor or the adequac~• of the security.
IN 1~VITNESS ~t'HEREOF, the Mortgagor has executed this mortgage under seal on the date and
; year first above written. This instrument prepared by Lynn Rawley~ Cutdoor
? Signed, sealed and deli~•ered Resorts of America ~ IriC Jensen Beach, Florida.
in the p nce of :
€ - - ~;:C-~'-~~~L~" - ( SEAL)
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~ ~ ~ L _ Lr ~~Liri1-~ ---(SEAL)
As itn s to the Mortgagors. ~
STATE OF Florida _ ~ .
COUNTY OF ~t. Lucie ,
Before me, _lY.~l~"-,G .G~G~~t, ~ to me
well know•n and know~n Lo me to },e the indi~~idual dexri in and w•ho executed the foregoing instr»ment and
acknow~ledged before me that 'i~ U' executed the same for the purposes therein expressed.
' R'itne.SS my~ hand and ~e~l this_~ day of ;;1
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NOT;~P.Y PU?i1C, STA1E ot FtORIDA s~~ ~n and far tfi ' t8~je A pressid.
V1' COFA;.'tSS10~t EJ(FtRfS APRtI. E. 197~ C>~"'~
3iy commission expires ~~a ~s ~nz,r~ ~ - r : -
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