HomeMy WebLinkAbout0714 1. we or either of us. whether pri,icip:~l, security~ gunrantor~ endoraer. or other pnrty hereto, agree to
be jointly and sevecally t>ound. 1 or Ke, each further waive demand. qrotest and notice of demands. protest. and
nnnpayment. c p
F'i:DERAI. TRtiTH 1:~' LE\D[:~'G DISCLOSURES c~,~,~„
a. C1sh Price q 13 , 000 . 00 o
. ~ ~,~r
('a~h Do~vr~p.~yment ~ 1. 30U . 00 ~ ~ ~ ~ W
' c. L'~tp~iid I~~tlance of Cash Price ~
r~mot~nt T'inzncec2 (a-b) ~ 11, ?00 . 00 ~
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d. F I\• A\' C I~; C j T A I t G I~: (con~isting so le
ly o f a
time pricc ditterenti:tl) S 3, 508. 80~
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e. Deferred Payment Price (a-?-d) 16 , 508 . 80 ~ ~ ~ r~
f. To!al of Payments (c-rd) •'e 15, 208. 80 g
~ ~
10.8 ~ ` `
A~'\'L'AL PERCE~'TAGE RATE • ~ ~',fo.
I. Ke. or each of us, whether principat~ security. guarantor~'endorser or other party hereto. agree to
!,e ioin!!y and se~er;illy i~ouitd. I ur «~e, ench furiher «•zi~~e demand, protest ar.d notice of dem~nd, pro!est and
nunp:iyment.
114RTGAGOR FL'RTHER AGREES: '
I. To make xit payments required by that note and this mortgage promptly when due.
2. To ~?ay alt taxes, a~.4essments, lieng and encumbrances on that property promptly when due. If
they~ are not prompily p.eid, thc 3lortk•a~,•ce may pn} them ~sithout waiving the option !o foreclos~ and such
naymen`.~. k•ith i?iterest thereon frc,m thc clate of payment at the same r:?te as specified in that note~ shal!
,t;s„ t,c s~~cure~l I~t~ this mortgube.
3. To cummit. permit. or suf~'er no ~raste, iniplirment or deterioration of tfie mort6nged property.
4. To ga~ z~l! expenses rea~onably incurred by the :?iorL~a~ee because of failure of the ~tortgngor
!o comply with the agreements in that note or this mort~;age, incluciing rea~inat~fe uttornet~s' fees. The cost
! hereuf. ~vith intcrest therc~~n from ihe cl.ev of p.tyment at the slme rate as specified in that note. shal! also
be secured t,y this murt},•a~;e,
5. If any p.iyment protii~lecl for in Lh:?t note is not paid ~vithin 30 days after it becomes due, ur if a?i~•
ay;reement in this m~,rt~;.t~e other thxn the a~~reement to mxke the payments is breached. the entire unpaid
principal b.~lance of tha! note shall imme~{iateh• become due at the option of the tiiort~;lgt~c~, a2id the .l~ur.-
~-a~ec may foreclose this m~rig.i~,~c in the m:snncr pro~~ided ~y la~r, and hnve the mortguged property aold to
` ,.titisfy or apj?1~• on the indetrte~ines~ here!?~• securecl.
i
6. 'Che rents and xrrufit~ of the mort~,~a~;c~l property are also hereby mort~x~ed~ and if proceedinb:~
,o furec!use this murt~;u~e .h.~ll 1~c instituted, t1~e court havin~,• }uriscliction thereof may nppoin~ a recei~er ~~F
~ the n~ort~,~a~,•ed propcrt~• and .t~,pt~• th~~tie rents :uid protits to the indeLtedness hcreb~• secured, regnrdlrs, of
±he solveticy vf the .llvrt~,?.i~~ur r,r the ade+;uacy of the secucity,
I\' ~VIT\'ESS tS'~iEItEOF, the ~iort~,?a~;or has executed this mortgage under seal on the date and
~ ye~ir first <s1w~•e ti+~rit~en. fsLEL N!+= ~=~~~P£9
- Si~,~neci, sea~ed an~l deli~~erecl ST. ~L'~ c::"'r•~ii1Y FLA,_
~ G,-, - ; Ras - G~L.~C° ~1•c~ •
; in the enceof: ~tz COURT
~ cr,- ' ~
q x ~ csEAL,
l~~~e~ ~1 ~1$lY~'1 P•-~5~~ ~e,
(SEAL)
s «'itnesseti to the ~Iort~,?afiors.
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~ sT~~TF or• , 2'7539~
cut,~~~rv o~~ _ `v_ .
I:c~ore me, `~'L to me
wel! knotvn and known to me to b th indiviclual described in 1nd «ho executed the foregoing ins'rument an~'.
ac'Rno~.~~led~,~ed !fefore me '_h.~t
?~execated !he same for the p~~rposes ±hcrein expressed.
' .~-~u~~, _ 7.3
; ~t'itness my hand and seal this__r~Z____day of , 19
+~a~Q~ a~s~:~, s~~r. ot t~o~tde e~ ~.~p ~ 1 a or t` County and SEute afore~id..
Mly Go~r+m:ss~on Expir~s Ai1oy il. 1l77 ;
i Dondod by Mwri;on Fin i CoiuoMp Ce. . _
~:y commission erpires . - -
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~ -r j PACE .
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