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HomeMy WebLinkAbout1480 ~I YpRTOAOE OEEO ~ ~o~o rowr RAMCO r011M Rte i~ ~:6~J490 ~ / - • . ~ Fxp~u~~d ~hp 2nd day ol October A. D. ~9 6y JOSH INGRAM, JR. ~ereinajfer caUetl tlie morfgapor, fd 11 J. W. DICKSON SPECIAL AGENT FOR INDIAN ~ RIVER TRADING CORP. ~ . ~ ~erpinaJler called ~he mor~9agc~: * i IN'hen•er uxd hercin the term~ "more a~or and "morctasce" ieciudr all t6e R p~rtin w t?n iwstrwueat asd tLe ~ein, letal rePf~YnGli~ts ~nd aui n~ of iMlividuals aad t6e wccew~n and amiRns of corpor:tiws; ud t?e urm •'wote" h includes'all ~he nuta 6~rei~ ~ribed i( mo~e t~aa one.) I ~ ~~tn~e~~ that jor good und i~aluable onnsiderofions, a~d also in conaideralion oJ the aggre- I gale si~m named in !he promissory note oJ euen dale herewitl~, tiereinaJle~ described, tl~e morfgagor I~ere- hy gmnts, baryains, se~~s, a~iens, remises, conueys an~ con~irms unfo f~e mortgagee a~~ the certuin lant~ ~I o~ which the morfgagor is now seized anc~ in possession situale in St. j,uClt' County. Florida, i~iz: l~ West 75 feet of Lot l, LARSFN'S SUBDIVISION, according to the plat thereof on file in Plat Book 162, Page 265, of the public records ~ of St. Lucie County, Florida. ~ ~I T:~e :nortgagor agrees a~~d promises to pay the mortgagee the ~I ~~a.m of $12,3~0.00 which tirill be a portion of the cost of a ~e;•* three-bedroo:n, t~:o-bath c ancrete bloc~ reside~tial struct~are constructed or~ the above-legally described ~arcel ~i of land i:~ Fort Pierce, Florida. T ~~e $12,3~0.~0 will be a~~ortized over a period of fifteen j15) years at the rate of ti =~i:_e ( q) ~er cent interest , with m~nthly payment s of $121}..77 . ~ ~F It is farther agreed and understood that the first monthly ; installment of $12l.}..7? shall be paid on January 2, 197t.~ and (j on the sec~nd of ever~ succeeding m~nth thereafter. Ir. the k M event a:~g :~cnthl~ insta~l:nent i s overdue at least seve_, ( 7) ~ days, a five (5) percent i:~terest charge wili ~e im~osed up~n ~ ~ ~ i such :~onth~ y ir~stallment . ~ i~ ; If It is likek~ise agreed that there shall be no ~re-payment ~ penaltv if the :nortga~or at an~ time d~aring the life of this ~ (j =.ort~a~e deed is a'ale an~ ;aill~r~~ to ~ ay additiona~ :~onthly ~ i ~~ta' l~ner.ts er i~ aale as-?d ~rillin~ to liq~aidate trle e_~?tire ~ala.~ce of said m~rtga~e ~rior to the expiration date. i! ~ F j~ I! ° TA~'E ~F i ~ S sTkM~ ~ " OOCU ME N~A R Y .f ~ - ~ [)fV7 UF REVEiWE d~ . s 1 ~ ~ ~ ~ =c _ ^ vii-9']3 ' 1 8. ' ~ _ P.& a ,s = 11192 ~ o ~ . . RECErym . O ~M PAYMEKf Of ~ ~CUISS 'C ENTANGIBtE PE1tSOM~ T~S (l ~ ~~GE-EqR7P01T~'RI1,~S ~f 19~~ ~ r ~I ~ t_ ~i CtERK CIACUIT COUpT. ST. L41C1E Op, F111 ' ~ i r_ i ( . ~ i j; ; 3`z ~ j / : ~ ,I ~S - ; ~ ~ ?I ~ ~~3 8~K 2~.9 ~~~f ~ i4/9 a~ . - ~ . _ F , _ _ . . _ _ . - - , .,x,~~