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HomeMy WebLinkAbout1265 ;~~R:~~QEE REAL ESTATE MORTGAGE - ~ ~ EAGLE FINANCE ~ ~ n~ D ~ • ?057 S FED t{Y FT PRC~ ~L ??l~50 ° C . ~P 7 .,R`: ' _ ~o ~w e r a: couv~ ro ~ ouc ~ ?O+?N WTE 12~oG-3 U5 10-29-74 .Q - S~ FINANCE CffKUI FfES 1JU111~ P~tYEN15 ~Q- ~~RI "L4~F~vCE B. TAYLOR SR I CATHERINI: s ~ CHAFi(iE 511.00 ~626.00 ~ 0 OiNE11iM5 W1EY. ' ilfFU~Sa4iY x~trucS~aE~NM6~iq~EV~fY AYOUMTr.UMCfO O~ S~/v ?~l?_ TROPIC AL s t~OHE s102.lt9 599.~ s11~.26 S 1931.?~t ~.C~~ ~Q . fGTE ~5 PAYABIE W MOkTMt1 iAtYFN75~ iME F111S1 0%f F WST ~A~YEMI DUE ~1MAt PAYYEMT DUE ~ tA`' ~V "~r PI ~RC~ ^L ~~~0 21~22 y. OiS 7~~~0 AliO 3~DiS ~~iOV 12~7~~~ O~ EKM ERCEVt FWA Pl1YYEMT 511~11 SE UNiAlD PqNiCiAL ANO 1NiE1iE5i ~ ANNUAL PERCENTAGE RATE TME FINANGE CMANSE YADE OM ikt5 10~f! MOII BE6Mr TO ~ ~anuE ow 309~, per S 100 per annum computed on the first 5300 of the principal amount as computed from time Ayroed R~ISOtCharps to time. 24x, per i100 per an~um computed on the lirst peA of the principal amount as Computed from time to time exceed+ng s300 but not exceedinq i60O and 1696 per i100 per annum o~ that part of the pnncipai amount as computed irom time to time exceeding 5600 We. the undersip~ed, now irfdebted on the prom~ssory note above described payable to the order oi the above named Mortgagee. jointly a~d <everaily: expressly convenant to personally perform a0 acts secured hereby: mortgage and warrant to the above named mortgagee. to secure the ;~;yment of the indebtedness ot the nature and amount stated above and secured as stated above and to secure atso the payment of all future 3dvances made at mortgagee~s option to above mortgagor. or any above mortgagor, prinCipal to aggregate rro more than TweMy Fiv6 Hundred ~ Do~!ars (S2,b00.001, due and ~outstendmg at any one Ume, the tolfow~n~ destribed real estate in County. in the State of Fbrida as foltows. to-wii: } r~t. ~L7, SHERA'IOH PLAZA UNIT TWO REPLAT~ according to the plat thereof recorded in Plat Book 16~ Page 2, Public records St. S- o~ (P ~ p~Y~ p~ TAx~ L~_icie County, Florida. Together irith the improvements thereon ~~n~ 3nd all furn~shings, fixtures, and equipment contained therein, ~~i ~1-13t. ACi's ff 18~A ~r-:d additioos thereto. - ~R N+~~ ~ i CIERK CIN~UIT COURf. Sf. IACIE 00.. FtA ~ I i 70 HAVE AND TO HOLD with appurtenances thereunto belongmg to mortgagee tore+er and mortgagor will torever warrant and detend the ~ ~~!e ro said premises unto mortgagee agamst atl claims ot all persons whomsoever. AND the mortgagor covenants with the mortgagee Ihat= TAe T, _.rtgagor will pay the indebtedness as hereinbefore provided: observe and pe~torm atl covenants. terms and conditions of any prior mortgage: o~onptly pay all taxes. assesments. water rates. and installments of principal and ~nterest on any prior mqrtgage. and in default in any payment the ~ crtgagee may paythesameand the mort9agor shall repay tothe mortgagee tAe amounts so paid together with lnteresi at ten per cent. said amounts to be ~ aa ded to the Indebtedness secured ty this mortgage: no buildings shall be removed or demolished without the consent ot the moRgagee: the mortgagee s~au oe entitled tothe appoiatment of a receiver in any achon to toreclose: upon default being made in the payment of any of the mstallments hereto- ~ `o re specified oo the due date hereot, or upoo defai}It in any of the other terms. covenants or conditwns ot this mort9age or of the note secured h~eby. r n the event of sale or transfer ot the premises try!he moRgayor without the Consent in wrding ot the mortgagee. or should any aCtio~ o~ proceedings ~e f~ted in any court to enforce any tien on, claim agalnst, or interest in the above described real estate, then the entire unpaid balance shall immedi- a! e iy become due and payable at the option ot the mortgagee and mortgagee may foreclose this mortgage in the manner provided by law. and have the Tortgaged property sold to satisfy or epply to the mdebtedness hereby secured. Upon its conditions kept in tutl this mortgage shall be void rd ortgagors represent to and covenant wlth sa~d Mortgagee and successors and ass~gns that they each hereby relmqwsh all right ot Dower and all -;n+, of Flomestead, acc~wng or to accrue. ~n and to aIt of the above described real estate rAOrtgagor includes each such person execur.ng this mstrument ~t more than one. h~s AeuS. successors and ass~g~s. and mongagee mc~udes rts ~essors. ass~gns and attorneys . IN WITNESS WHEREOF. the Mortgagors have hereunto set their hands and seals the day and year (nst above wntten / S~yned. sealed and delrvered fILE~ MK~ '~~~URD~~ A~ ~(SEAL) ~n t p nc ST. LU"vii- CCUNTY FLA• ~ RG"vf " r ~~T~~S ER~ i ~ ,:;tT CQUaT ~ ' (SEAL) ~ / P. F f. ~ . • ~ ~1l.GL~ Y_ h~'"-- ~ ~ ~te ot Ftorida gg. ~~`~'v~~ ~ bunty of St T llC1P. 1 HEREBY CE RTIFY that on this day personalty appeared before me. an officer duly autKonzed to administer oaths and take a~k~owi~9me„is. ~larence B'"aylor, ST' a[1!~ ~atherine Ta.ylor ~ to me well known to be the person described in and who executrd the foregoing Real Estate Mortgage ana acknowledged betore me that the ~ same was exeCUted freely anA voluMarlly for the purpose therein exprelsYd- WITNESS my hand and ofticial seal at ' P - ty of St. I.UC16 andStateof Florida.this s ~ ~ - , ' !~-.r - n.a ~9 . Y ~ ~ ~ ?~_day of nC t ~ . ~~c ~r ~ r~ ; E • Notary uWic. tate ot Ftorida s ~~ra~r vuet~ STi?Tt OF F~4At0A AT tARtit . c~~,.~ , ~~v ^~,..,ncclr!r: cr~ 6W~ ?3. 1978 ~ ~ . at large ; ~ ~vn.D 1KYr~! 4fNEf~t ~~r~uo~t~FCt Uwofwis~!~ ~ . L i . . , This mstrument was prePared by ~ R (AOORESS) . s~4 ~~~1,:~ ~wo ~r ~~~~`~r ) ~4 ~Z2~ 7 y pe Name As Signed Betow ALl Stpnetures ~ t- . - ~OQK P~C " ORiGINAL ~._3._ , . _ ~ ~.s ~