HomeMy WebLinkAbout1024 . 1r
MORTGAGE DEEO j RAMCO FORM 32-1
1 i110Y CON~ON~TIOH 1
~ ~ 24~5p
~s n en ure
~
(WAemer used herei~ tl~e terms "mortSasu" and mwtsa[ee" include a11 tss pu~ies ~o t6ia intuumeat sad ise Aeirs,
k~al repre+rnutivcs and as+~Rns o( ind~~~duals. and tAe wcctasors aad uutm ol corporatioas: and tAe term "note••
includes all tAc aous Ae~eie d~sc~~Eed ~f more tAan oat. )
,~lad~ ~h~~ 28th day o~ March , A.n. i972 .
~etween AMERICAN HOMES AND MORTGAGE, INC.
a rorpomtion ~~.risling uncler flu~ ~a~os o~ I~~r ttale oJ Florida •
~~at~ing ils principal placP o~ husiness in f~~e C~ounfy o~ SC. Lucie ~?1c~
~fate oJ Florida cnUecl fl~e A"Iorfgagor, anc~ ,
FRED A. HIEBER and FLORENCE E. HIEBER, his wife called the 1~lortgagee.
hus ~ront~d. ~?urt~ninec~ an~ solcl ~o f{~~ saicl i~lortgagce. t{~P (o~~ou,ing descri~etl Iand situate. ~y!?19 A111I ~PlR9 Itl
t~~e ~~ouniy oJ St. Lueie Sfnfe o( Florida to-wit:
1 Lot 15, Block 1, LAKEWOOD PARK IJPiIT 8-B, according to the Plat thereof recorded
I~ in Plat Book 11, page 48; ~ ,
Lot 1, Block 121, LAKEWOOD PARK UNIT 10, according to the Plat thereof recorded '
~ in Plat Book 11, pages 29 ~ 29A thru 29-D;
Lot 13, Block 46, LAKEWOOD PARK UNIT 5, according to the Plat thereof recorded
I in Plat Book Z1, page S; All of above being recorded in the Public Recorda of
~ St. Lucie County, Florida.
_ ~
The Mortgagee agrees to subordinate the lien of this mortRage to a first mortgage ~
by an institutional lender for the construction of a dwelling on said land, and
also aqrees to execute partial releases on the follawinR basis:
Paqment of $1,800.00 as to Lot 15 ,
Payment of $1,800.00 as to Lot 1 G IN P~?~E~ ~ tAXE~
~ Pa nt of $ 700.00 as to Lot 13 ~ i11TAl~~'~' p~~E~`~• ~ ~
~ ~C 1911. ~ f~ , -
~ OtIE~r
~~p~4 7l•134. NCtS Of l~/
~ W1 pQGER POt1R11S
~ ~LEKK CIRCW7 fAUR1~ ST. WCIE 00• ~ 0
.
;i and the said Alortgagor does I~~m6r f ully u~armnt t6e tille lo said lancl, and will de/end t{~e same against ttie
j ~au+f u~ cjaims o' n~~ persons u~l~omsoer~r. -
f
~ ~V~ lLNV(~S~ Ttir~ if sai~ i'~~orlqagor s~~a~~ pa~ to 1{~e saicl ~~lortgngee a certain promissorp note, n ,
~ cup~ o~ u~hic{~ ic on I~~e rev~rse s,~e ~~~rnu~. nri~ s~~all per~orni and comply u~itF~ eacl~ nncl enery stipulation, agre~-
~ ne~nl nntl covenanf o~ snic~ note artt~ o~ 1~iis mortgage, t~~en t{~is mortgage and [he esiate hereby eneatec~ s~~a~~ 6e
~ ~~oicl. ollieni~isr tlu~ same sl~all rnn~ain irt (ulI (orce ant~ virtue. And the saicl 1~/ortgagor covenants to pay ihe in-
Y feresf and prinripal promplly w~~en clu~: fo pny f~e taxes anc~ assessments on said property: to carry insurance
ngainst jire nn fl~~ buil~ing on sai~ Iand )or not ~ess Ilian ~ IIil .
mu~ ~vintlslorm insurpnce iri amount o~ S 11~1 , approrecl 6y tl~e -
i'~~ort~ngee, tvith sfant~arr~ mort,qagp loss clause paya6le to ~~~ortgagee, fhe po~icy to be held 6y ttie TlortgageP.
to ~eep fhe tiui~c~in~ on saic~ ~an<~ in proper repair; and to u~aire 1{~e homesleatl exception.
Should anr of II~P abo~~P coi~Pnnnfs bP tirolzen, then saicl note ancl aII moneys secured {~ereby sha~~ wit{~out
t~e.nit~(; i~~ilP ~IO~I~A~PP 50 PIPC~S, at onrn bPCOme due and paya6le and the mortgage 6e f
oreclosed, and all cosls
arii(1a,ir~fc~li~s o~ col~eclion of s~id monPys bp )oreclosure or otliPru~ise, inclutling so~icitor's fees sha~l fie paid 6y
,
-"'Y~'A'~?~qrf,qA~e~r, ancl fl~e sami~ arP ~~~re~y s~cure~~.
~C A f~ .:z ,
' f C ' 11 F
~ ' ~ ~ - ~n ~'iitness t~e morlgngor has cnuse~ t{~ese presents to
rr ~ : c., =y~: ~QRPOR:tTf:
~-"~t ~ : y_SE,V.) E~e ~Y~~uted iri its name. and its corporate seal to 6e hereunto a)~ixed, by its
0. ~ ~2 = proper oJ(icers thereunto ~Iuly aull~orized, the tlny and year ~irst abo~e u~ritten. _
O
~ ' r~~' ~ ~ ,
; ,
, ;
~ r`~'1~~~ST~'~...~:::.;-i..---f..-`- t--".~~=_--.~-~-1~_ -_..AMERICAN._HOMES.AND_MORTGAGE_,..INC..-_--..
. -
~ ~ ~ • Verna L. Anderson ~«~a.,-Treas.
" Signc~, sea~ec~ an~ e~e~ii~e[e~ in I~~e prc~sence o~: ~ j
~
~ j , i~ - - ( .
~ ' . t _ ~ Eiy ~ .
r ~..:.e- _ ' Cs:_: L-~ L'_ _ _ ~ P.es~dent
~ ~ i`,~ " . - - ' . . . William A. Anderson
;y ~ '
~ ~ G.=..{".,~ . . - - . _ . .
~
~
~ 7%nc /rr.Urr~~~n~rrl f~rr~rrrr~l 1~1'~ Fred A. Hiebet
~ .•Ic/rlr~_~s Rt. $2 Box 2585
~ Ft. Pierce, Florida _
~ g~i~ ~0~ i024
~
~s~~ - ~ _
~ -
~ ~ ~ ` ~
.__~~s~.~=~~°._'
~__r~~- ~.t°=~ ~