HomeMy WebLinkAbout1162 i
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~o ~taue and to ~iotd 1~~~ santt~. fu,y~~t~~er u~if~ fE~p teni~otents. I~ere~Iitumenls an~~ uppurfe
nnnres f~~rrPlo ~~N~onging, an~~ t~~e rents. issues :an~ pro~its thereu~. iu~lo Ihr mo~fgag~e. in /PP simpl~. !
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~ ~nd 1he nturf~~agor ~~o~~i~nanls ioith tl~e morfgngee fhat the mortgnyor is inde(easibly seiz~d o( said j
, lan~l in simp~P: IhAI IIIP niartyngor has goocl right ancl lau~)u~ nuthority ro convey :n~d tn~~d as a~ore- j
said: tliat ~h~ mortgac~or u~ill malce such ~urther assurances to per(PCt the f ee simple til~e to said ~and in !he i
morfgnqt•e ns may reasunaf~~y ~e rpquire~: that the mortgngor f?ereby ~u~~y u~arrants 1{~e tii~e fo saic~ ~ant~ ~
an~l u~ill dvJc~n~l tl~e same a~Qins1 Ihe law(ul claims o~ a~1 persons whomsoei~er; ~nd fF~at said larid is ~ree
~?~d ~~l~~n. oj «ll P?~~-~~~~f~~a?~~-~~ except first mortgage held by First Federal I
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Savings & Loan Association of Fort Pierce, in the sum of :
~$10,800.00, dated JUne 9, 1969, recorded in Oo Ro Book 178, page 498'
of the Public Records of St. Lucie County, Florida.
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~ ~rouided ~lways~ that if saic~ morlgagor shall pay unto saic~ morlgagee ftie cerfnin promis- ~
sory nofe hereina~ter substanfia~~y copiec~ or ic~enti~iec~, to-wit: ~
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NOTE AND FUTURE LOANS AGREEMENT
Acrnuat No. Uate 1e- =
In consideratan of a loan of thia date in the amount oE ~~~-and an~ future loaa~ to the Undersigned bT
FA11iILY CONSUMER FINANCE SERVICE, INC. OF FT. PIERCE
termed I.ender, t6e Undenigned agree to p~~ to I.ender at iu o~ce, the amount of aU sums adranced to the Uuderaisnned plus interesc at the rate
of ten per cent (10y6) per anaum, in equal monthly instalmeata uutil suc6 principal and interest are fullr paid. The amouat and due date of wc6
monthl~ instalmmts shall be aa set (orth in a Statemrnt o( Inan fnrnuhed to the Underaigaed by Lender at the ~ime each loan i~ made. Such
' monthl7 instalmeuts iaciude sc6eduled iaterest due and payment s6a11 be applied to the combiaed principal and intereat.
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i Lender is requested to obtain decreasina term credit life insurance xith dicability bene6ts iu eonjuoction Mrith the making oi each loan
~ insurina the life of the daigoated Insured Borror?er in an amount su~cient to disc6arge the indebtednes~ o[ the Undersianed to l.ender on tl~e
€ death of the lnwred Borrower and ptoriding seven da7 retroacti~-e mont6l~ disability benefits equal to thr. schedukd monthly instalments as set
~ forth in the Statement of Loan furnished to the Undersianed at the time ot the making of each loan. Lrnder is rcquested to obtaia 6re. ioland
! marine. e:tended coveraae and thett insurance on all personal properi~ mort~ed as security tor this No1e and Future Loans Agreemeot. Leoder
~ i: authoriud to deduct irom each loaa the amount o( identifiable charges for such insunnce rrritten in conjunction r?ith eact? loan.
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~ Deiault in the paYmeat of anp instalmeat of aa~ loan made herennder or breac6 0! tbe ooaditions of this !Vote and Futurc Loans Agreemmt
~ or aoy instrument securmg such loans ahap, at the option oi the Lender, without notice or demaad, render the unpaid balance of all outetanding
~ Ivans, and accrued interest due and payable and acceptance of payment a[ter detault shall aot constitute a wair~r thereoi.
~ Lender will (urnish to the Underaigned, or if mor~ than one, to one of the linder_igned, at the time of the making oi ~ach loan under this
\ote and Futnre Loans Agreemeat, a Sutement oi Loan settin~ forth the date and amouat of loan, the amouat and dat~ of the monthll instalments
..hich rrill include intereat at the rate o( ten per c~nt (10~c) per annum on the xheduled unpaid principal amount of tt~e lwn, the amouat oi
each authorized disbursemrnt from the loan. The Undecsigned agree if rto error in the Stat~ment ot Loan is reported to l.ender rcithin tm ! 10)
~ days o( its date, the Statement ot taan shall be conclusire as to the amounts and terms rnatained therein. Each Statement of Loaa s6a1! become
a part of c6is A6reement.
~ The Uadersi6ned serera3ly ~raive presentment, demand, notice of non-payment and protest and consent the tim~ of parment of any lona
~ made under this Agreement may be t=teaded by Lender any number of times xithout notice or prerious wnsent, and biad ourselrrs, jointly aad
~eYerally. uornaditionally. for the full payment ot dl loana made under this Agreement.
~ The Undenigned a~ree to pay the actual and reasoaable attomeys' fees and court coets, including reasonable e:penses of rcp~secsion, storio;
and selling any properly pledged u securit~. as determined b~ t6e court in which suit -is filed to enforce collectioa of the Note and Future
~ Loaas Asreement, after maturitr or default.
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_ APPROVED
- Insured Ru~ro~rer
- F:~~iILY COi~iSU~iER FIN~NCE SERVICE, Il~IC.
OF Fl'. PIERC
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Hnrrower
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~ BY~ -
Burrow~er
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