HomeMy WebLinkAbout0549 ti~oRTCacee REAL ESTATE MORTGAGE 2~~998
EAGLE FINANCE
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ANNUAL PERCENTAGE RATE i _ - ~
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3U'. pzr S1o0 pe, annum computea on the first S3CH3 ot the pr~napai amoum as com~uted from t~me
Aqreed RateolCAarqe ~ ~o t~me. ?4''. per S10p pgr annum computeU on the hr5t part of ihe pnnc~p8t amount Bs COmputetl irom
t Ume ?u l~me e•ceeding 5300 but not e~ceeaing S6p0 and 16~ per 5100 per annum on ihat part ot the
~ pnnc+pal amount as computeU trom tcme to hme exceedmg 5600
the undersgned n~,w rrtdebted on the prom~ssory note above descnbed payable t~ the order o! the above named Mortgagee. ~ointly and
~~:!y. expressly convpnanl to personaily pertorm all acts secured hereby, mo~tgage an0 warrant to the above named mortyd~ee. to secure the
~ n! of the md2btedness ot the nature and amount stated above and securetl as stated above and to secure also the Qaymgni of a!1 tuture
.~rs made at mortgagee s opt~on to above mor?gagor. or aity above mortgagor. pnnc~pai to aggregate no more than 7wenty F~ve Hundred
, s 52.SOOOOi, due and outstand~ng af any one time. the tollowing descnbed reai estate ~n
,~n the State of Flonda as foltows. to-w~:: ~
Lot 67~ Sheraton Plaza, Unit TWr Replat, as per Plat thereoY 26s998
re.^,orded in Plat Book lb~ page 2, of the °ubJ.ic Records of St.
Lucie County, Fla. Together xith the improvemet~ts thereon and all Fi~E~ :.k~ ~tC:iaDE
furnishinps, fixtures, and equipment contained th~rein, and additio~s st-~~~ ~-_~~uH~~s~~.
+~~ereto. ct~=r. . ~^uRT ~k~,~,,,r/
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' O HAVE AND TO HOID with appurtenan~es thereunto belonging to mortgagee forever and mortgago+ w~Il {o~r ~rran~~n~~d~1~~
~ard prem~ses unta mortgagee aga~nsr a!! cia+ms ot all persons whomsoever AND the mortgagor covenants w~th the mortgagee thaC Tha
:~yor w~~i pay the mdebtedness as here~nbetore prov~ded. observe an~ perform a11 covenants. terms and Condihon5 of any Fr~or mortgage.
":~,hy p0y dli taxe5. a5Se5rtle~t5. wate~ tetes. end ~nstaliments ot pn~aGat,and mterest on any pr~or mortgage. and ~rt defau~t ~n any payment the
;.agee may aaythesameandlhe mortgagor shail rppay tu the mortgagee the amounts so pa~d together wrth interest at ten p¢r cent. said amounis to be
tc~ the ~ndebtedness secured ty this mortgage. no bu~idmgs shail be removed or demot~shed ~rthout the consent ot the mortgagee, the mortgagee
entd(ed to fhe appo~ntment of 3 receiver in any act:~n to foreNOSe: upon ciefault be~ng m.ade ~n the paymen? ot any of the inStailments hereto-
;>e•uhed on the due date hereoi. or upon default ~n any oF the other terms. covenants or condrt~ons ot th~s mortgage or of the note secured h~xeby.
e event at sale or transfer ot the prem~ses b•; !he mortgagor without the cunsent in wr~t~ng o( the mortgagee or should any actwn or proceedings
e:z ~n any court to enlorce any i~en on. cfa~m :igamst. or Interest ~n the above descr~bed real estate. then the entue unpa~d balance shall ~rtxnedr
.^rcome due and Dayabte at the opbon ot the mortgayee and mortgagee may toreciose th~s mortgage ~n the manner prowded by Iaw. and have the
.~yed property soid to sat~sfy ur appiy ta the ~ndebtedness hereby secured Upon ~ts cond~t~ons kept ~n tull thes mortyage shalt be vo~A
~ _,rigagors ~eD~zsent to and covenant tiv~th Sa~d P,AOrtgagee 2nd suCCessors arr~ assigns t~at they each hereby rel~nqu+sh ali nght ot Dowe~ and ail
~ f Homestead accrwng or to acc+ue ~n and to alt of the above descnbed real estate
~ '.",,rrgagor ~nc.u~!es each s:,ch ~erson exec~~~ng th~s ~nstrurt,ent ~f mOre than or~e h~s ne~rs succe;sors and ass~yns and mortgagee ~nciucfes rts
I . ~•,~~rs assigns and attomeys
IN WITNESS WNEREOF the Mortgagors have hereuntc set their hands and seals the day an~ year first obove wntten
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: S~gr, sealed nd dei~vered ~jf~/~~o~~~/~~~~~~ • . t•-
~ r'~~n of: d~~~ ~=---n '7l iSE~t
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~ ~ ~ IN PAYMEKi Of tAXES `v~
IYr61iLF PER501iA1 PkOPEN71f, ~
tate ot Fionda - I SS MK'SIKNt_jQ ~ ~j-~~~
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County ot $t, _ I,UC~6 (
; I HE REBY CERTIFY that on ih~s day personally a~~~~~ ~~~~~~y ~~~ed~dm~nister oaths and take O
acknowledgmeMS. _JeoLg@ Mci~eair and Caritha McNeair _ _ _
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to me well knouvn to be the person descnbsd in and who execufed ihe forego~ng Real Estate Mortgage ana ack~owledged before me tpet the -
same was enecuted ireety ano voluntarlly for the purpose therem exoressed
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. WITNESS my hand a~d ofhc~al seal at_ Ft. p1PI'CP _County of g. . 1 ~P_ andSiateof florida.?ht5
~ --18t ~ay of OCt ` A O t~~ ~ -
• Iu~Y •COmsnisSioR Exflir6s , i ~ ~_l~ ~'s~.~
i ~ ~ t_ ~ ~,p, Notary'Pubhc. State F onda
' , -:.uVu ~ ' : . at Large . ~
Th~s mstrument was prepared by •~/Ci~~/ ~ / ~ / 7 ~ ~ ~t%~~~~-~t~..~r/%~~j~~
1ADURESS'
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