HomeMy WebLinkAbout0115 I, we or either of us, whether principal, security, guarantor. endorser. or other party hereto. agree to
be jointly and severally bound. I or we. each further waive demand. protest and notice of demsnds. proteak and
nonpayment. FEDEBAL TRUTH IN LENDING DISCLOSURES
a. Cash Price $ 6~ 000. 00
b. Total Cash Downpayment 1±
200. 00
c. Unpaid BalancelAmouht Financed (a--b) $~+a 800. 00 ~
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d. FINANCE CHAItGE (consistinq solely of a a'" ~~~co ~
time price differential) ~ 1 ~LI-~+0.00 _ ~ •
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e. Deferred Payment Price ~a.+d~ $ 7~~+~+0. 00 ~ D_:A=A ~ t
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f. Total of Payments (c+d) $ 6~ 240. 00 ' s
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ANNUAL PERCENTAGE ftATE 10 • 8 5 ~o
I. we. or each of us, whether principal~ security. guarantor. endorser or other party hereto. agree to
be jointly and severally bound. I or we, each further waive demand, protest and notice of demand. protest and
nonpayment. -
MOftTGAGOR FURTHER AGREES:
1. To make all payments required by that note and this mortgage promptiy when due.
2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due. If
they are not promptly paid, the Mortgagee may pay them without waiving the option to foreclose, and such ~
payments, with interest thereon from the date of payment at the same rate as specified in Lhat note. shall '
atso be secured by this mortgage. ;
3. To commit~ permit. or suffer no waste, impairment or deterioration of the mortgaged property. _ ;
4. To pay all expenses ressonably incurred by the Mortgagee because of failure of the Mortgag~or ~
to camply with the agreements in thnt note or this mortgage, including _ reasonable attorneys' fees. The coat
thereof, with interest thereon from the day of payment at the same rate as specified in that note, shall also
be secured by thia mortgage.
b. If any payment provided for in that note is not paid within 30 days after it becomes due, or if sny
~~greement in this mortgage other than the agreement to make the payments is breached, the entire unpaid
pnncipal balance of that note shall immediately become due at the option of the Mortgagee, and the Mort-
T agee may foreclose this mortgage in the manner provided by law. and have the mortgaged property sold to
J~tisfy or apply on the indebtedness hereby secured.
6. The rents and profits of the mortgaged property are also hereby mortgaged. and if proceedings
to foreclose thia mortgage shall be institnted. the court having jurisdiction thereof may appoint a receiver of
Lhe mortgaged property and apply those rents and profits to the indebtedness hereb3 secured, regatdless of
the solvency of the Mortgagor or the adequacy of the security. •
IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and
i year first abave written. This instrument prepared by: Linda Howard~ Outdoor Resorts
; Signed, sealed and delivered of Ameri ca ~ nC .
in the presence of :
t ~ ~ (SEAL)
' ~ (SF.AL)
As itnesses to the M rtgagors.
STATE OF FLOR I DA
~
COUNTY OF S T. LTJ C IE .
Before me, ~LLEN R & SUSAN A NYF ~i S ~„T~~~_ ~ to me
well known and known to me to be the individual descxibed in and who executed the fo~tegoing instrument and
acknowledged before me that th.e.~executed the same for the purpoces ,'`tkei`ei~h ~,~cpttesed.
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Witness my hand and seal this~day of { ~`-19"
Notaty i an3 foi the Connt~r a~te resaid.
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