HomeMy WebLinkAbout2449 ~car~ ~ ~....nr.;~ ~e~~a ~ ~ i ~r~~~ ~etsed oi ~sid lu?d in ies
impia cc a~i os~er eitat~e~ d an~ as i~ ~tated ~a~ein; tbat L~s tnll poRer and b ul.rig6t to ooavev t6e snme
as Jo~+e,~aid: tbat tra laud n~~iroa a8 ~ as bee+eia otherwise reated; t6~t said~riortgagor
will m~e s~ tistber ass~aaeea to pro~s ti~ ata~aaid titis t~o wd laad in said Mortg~gee as may be re~son•
uired, aad t~at aaid I?[att~o~e does ~ee+eb~ ~ warrant ~e title to ~aid laad, and eve;y p~sti tLereoi~
dde~d t`s ~a~s ~i~st tis lartd ci~~s at peesoo~ wbam~oe~er. ~
Pa~o~ms~s ALS~a tL~t d t6s l~t«~os ~ py tmt~o ibe ~~a~s~ee tLat oertaiu promi~eor9 note, oi
~~iri tie~fo~bsi~ i~ a sob~ii~l aop~, i~ ~ni: ~
s 29~~~.~ Stuart , ~orid~. ~
June 12 ,19 74 , ~
gb,~ ~i~s g~ t~s ~d~sip~d Qe~o~i~e(a b pq to SOUTHERN h~ttTGAGE ASSOC IATES , I NC
auLhorized to do business in the State of Florida
, ~ oe~n;sed and ~ oader tbs
]a~saE the State of Mkansas ~arade~,~e ~amai ENTY NINE THOUSAND S VEN HUNDRED
FIFTY A!~ 00/100-------------------------D~oilirs (i 29,750.00 w,t6 int~est irom date st
t~e ~e d Eight a three-fourths per em~ ( 8. 75 ~ pec aanum an tbe unp~id balao~os w?til Pwid.
1~e ~,;d pri,o;~d a~d;.~aa~t i~1 be pqabie st tLa aioe ai SOUTHERN MORTGAGE ASSQC IATES , I NC
1999 S.Y. 27th Avenue
ia Ni aii , Fl ori da , ~ ~ ~ p ~ R~
~ &~00
deG~+ei~ed ac a~led to ttie debtar, i~ontbll 'medal~omis cf
234.13 ooa~mmei~ a~ tLe 5nt d~~ af Jnly , 1974 ~ and eontinuing on t6e
5,st, d:~ d~ muntr tbenaftes ~dl t~s n~te 's fnDl p~id, e~cep~ tbst~, if not sooner paid, tLe ~lpsyment
at p~;nap.i ~d mtr~+e~t sL.fl be dae snd p.~.bis on t6e 5rat d.~ o~ June , oa
ptis~~e is i+e~a~ed Lo pr+epaj at a~ tim~ ~ritlwnt premium or fee tLe entire indebtedneea or snp psrtr
t~h~ot not~i~ess tL~a tLe amo~mt d ane mst~mcn~, ar one bundred dol~ars (5100.00), whichever is lees.
If sn~ de~ic~rncs m tbe p~gm~
t of anj i~4lbment nndcr thia note is not made g~ood prior to the due date
~~ai~nt, s~e eatu+ep snm and aocrued inteteet ahall st onoe becwme due and ~sy
abk ~cithout aofso~ at tbe opdon of t~e L~o1~ tbis nute. Fail~e to ea~ercise this option shal! not oonatatute
a,~~~, ~t to e~e t~e same in t~e e~vent ot aal snbsequeat def
aul~. In the event of def ault in tha
Pa9meat d this nocc, aad it t~ ~ms is ooueeted b~ aa sltornq st Lw, the twdore~ed hareby sgree(e) to
Pay all ooats d oallection~ i~d~dmg s reasanabie attocneT's fee.
~ia note is aec~ed b~ af esm d~t~q e:eeuted b~r t~ v~ndereigned on ee~t~ain property deecribed
~o~es~~~ ~sed io~ the soquieiti~o~n d wd pz+~pert~ ~o~r ~Le iinp~rovea~anis ihareon.
P~+e~tae~?t, i~c'ota~. sod aotios ars Le:eb~ ~ed.
(s/ JEFF L. THOMAS • [~,f
(s/ ELIZA L THOMAS [gg~]
. - [~a
~ [~l
~E A.d ,i.i pe~ti~?, ~~7 P~~ r~~, ~P~ and- eompiy with aad sbide
y ~~y ~~7 a~m~ent~, om~tioa,e. and ea~vmsnta at eaidprom~o
ry not~e ~d af this
~ ~t~ tbea tms mr~;~e aed t~e ~state ~ee~ aest~ed aha11 ee~ee aad be null ~nd ~raid. -
E 1be ~[af~or f~u~ ao~ as fa8o~w~
~ L 1~t ]re sd pa~ tie ~ as ~bdae pro~viaed. Priv~e ie reeerved to psepsy st anY
~ ~;tb~ pr~;o~ ar fe~ t~e ea1ae ~deM~edoem ar sn~ p~t thet~eof aot l~ees thsa the smount d ane mstallment, at (
aoe ba~dted do~s (t100.00~ i~er "s lee~
~ 2_ in onier nwn lullc to pmtect t6e secnritT of this mortgag~e,- the Mortgagor, together ~vith, snd in
sddition to, thc inonc~lc ~cu~ents ~uyder the ternns of the note secured hereby, on the Srst dav oi each month _
~ until ~e said note is ta~lic pa~i, ~ P~F to the biortgag~e, as truster, (under the terms ot this trust as herein• :
sdter stuc+d) ~tr foaosio6 saa~a: `
J w~ eqpd to t6e ~+o~d re:ts, sat ~ Ptns t6e Pc~mi~a thst w~l ne~t beoome due and psyable
an paGoes d i~e a'd ot~ ~said ioe~snae oov~g tbe mor~ed PmP~Y, P~~ tsxes snd aesessments ;
aest aoe aa t~e m~t~~ed PoP~7 (aH as estimsted by the Mortgngee and of which t6e Mortgagor is ~
Doti~ed) lees al s~m~ a6~e~d~ p~id tbe:dar d~id~ed bp t6e nwmber of monti~a to elapee befora one month t
pior to t6e d~te ~is sael ~~a~d reite, Pe~~ms. t~~es, aad aeeeesmmts ~rill beoome delinquent, <
s~ s~s tobe ticDd b' l[a~t~eeitnrttopu~~aid~+wndnats,Pceminme,tezea,~ad~e~alaeee~ents.
(bj 1be a~e~e d tbe a~a~s p~t to enbpara~aph (s) aad thoeepa? on the note secured -
i~ be " ia s i~e~~q~a~t aKh montb, to be aPPlied W the f~ items in 1he ordet
~ P~
~ (n ~r ~ aad aiher basad iaeur~noe preoniumsi .
~ (In i~aei aa tie a~oR~ ~ee~ed Le~eb~; aad
J.f
, (IIn aiart~tiaa d t~e pseip~l d rid Hot~
~ ~ debciea~e~ i tbe aae~ount of ~L monthl~ Fayment shaD, nnlees made Eood by the Mort?~
d~ ~~~psy-~en~, aonst~tute an avent oi defsult under this mort~a~e~.
~ At Mort~ee's optioo, l~t~~a~oc s~li pa~ a••dte cbarg~» not e~aeeding four per centum (4%) of sny inst.ell-
~ mrnt ~6ea ~oee tL~ fdtees (15) dsjs aft~er t6e doe date t~reof to oover t~he ea~tra e~cpenae involved in
- ~ b~ s~ "Lte c~arg~e" ~all not be psyable out oi the proceeda oi sny 8ale
m~de b satufJ tiie ebted~as see~ed henby, nnless wch prooeeds ase w~cient to d~ecLarga the entire
mde~edae,s aod a0 peop~ oosis aod ~p~e~s seeured t6~reby.
~ 3. U tLe toW d tLr pa_~ments ma~e b~r the MortBsB'or nnder (s) of paragh?Ph 2 pre.ceding ehall exceed
the aAwant o[ ~cmests actaaU~ nwk bF the Mortgagee. as tn~stee~ !or ground rents, taxes snd asaeasmenta,
~~~r p~,~~ e~e m~F be, weh e~s s1,all be credited on aubsequent psyments W be made
- br t1~e Mort~or tor sarh iteu~ or, at ~ortaacee's_oPtion, as t~atee, shall be retunded to Mortgagor. If,
~b mont~ p~smants shaU rwt be ~~en~ to p~s such items ~vhen the same ahall beaome due
~ a~d pas-abie, tbm tLe ~iortga~or d~11 p~~ to the Mortga~gee. aa trnstee, sny smonnt nece~a to mske up
a
g
~~c ~y p~i-m~~ ~Q be made within thirty (30) dsvs after wntten notice from e Mortgagee
, ~at~ tLe am~t ~t t~e de6~oe~el, t~i~D aodos mn~ be 6i~en b~ m~. Ii at aa~ time ihs ~~ortga~go~r ~u11
SD~t~U flIGF~~
_ ~
: ~ ,
. ~3~F . ~ _ ~ f.~- _ _ - _ _
- -