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HomeMy WebLinkAbout1654 I~~ i 318~~~ ~ P ins r menL was re ared by: ~~or~~a Land ~ ~itle ~ - P. 0. Box 734 ' ' Stuart, Florida 33494 MORTGAGE ~ i THIS ~tORTCA(~F i~ m j1 ~ 7th ` f October ~ 1~~ 75 , ` ~~IS~ L. COMBS AND CI.~tlD~ H. COMBS, his wife ~ het~~~e~~u the \Tortgiigor, ' - . _ _ _ _ _ (l~crein "Rorr~~~•~~r,•). aiud the \iortgagee, MIDWEST MORTCAGE COMPANY , u~•orpuratiou ~,r~ nized 3nd e. isti~i under tlze la«•s of Florida ,~vl~o~c~ ~~d~h•c~~~ 0. ~ox 0~ 059~, Miami , Fl orida 33101 (lier~in "Lc-~?dc•~••'). N~~ RF.AS~ Borro~~•er i~ ind~~ht~cl tu L~~nd~~r iu tlu~ ~n•in~•i~?al •e~m ot' TNELVE THOUSAND AND 0~ nolla~rs, «l~irh iud~~htt•~lnr~~ i< <~~•id~•nc~~d h~- Rorro~~•c~r'. not~• al' ~~veu ~late herewitli (herei~i "Nnte„), pro~•i~liu~ t~~r ~nonthl~• in~talhu~•nt, of princ~il?ul :iiul iut~~rc~st. ~~•itli th~ balanee of the indebteci~i~s~, ii' not. sooner ~~aid, ~lu~ :~n~l ~~a~-i~hlc~ o~~ November 1, 1995 , To SFC~*e} to 1.ender (a) tlu~ r~•~?ti~•n~ent uf thc~ i~ulrhte~hu~•• ~~ri~l~~ur~~ci l~~- th~• \~~t~•, ~~•itl~ int~r~~•t thereo»,.the pa}~ment ot .~ll otlu~r sum~. ~~•itl~ int~~r~~.t tl~~~r~~o~~, aul~:uu•~~I in :tc~c~~n•cl.n?r~~ li~~r~•~~•itl~ t~? protect. th~ crr.urit~- of tliis ~iort~~~~e, :ui~l thc~ ~u~rforn~:u~c•~~ of th~~ c~rni~•~•~ui~~t• rmd ti~,r~•~~in~~nt• ~?t' Rorrc~~~•er Lerci~~ containe~l, .ui~l (1?) th~~ r~~1?s~~•~u~•~~I of :u~~• t'utur~~ :ul~•aui~•~~•, ~~•itl~ i~~t~~rc•~t tti~~r~~in~, llltllll' t0 HOI'1'O~CI`i' T~CII(~l'1' illll'Cllililt 1(1 ~liU'il!~1'21~1~1 ~Il`1'l•1~~~ (~1l•Yl•111 '~~~~llllll'l' :11~~'i111P1•ti~~~~ Ro~~ro~~~er doe; Ler~~U~• u~ort~u~e. ~r.~~it :~~ul ~~~~ii~•~~~• tu l.~~n~l~r th~• t'olli?~~•i~~, ~1~~~~•rilx~~l ~~r~~~~~~rt~- lcx~~ted i~i the ('oiint~- of $f. LUCIE , titiit~~ 01' I~'I~?ri~lii: Lot 14, Block 6, REVISED PLAT OF SOUTH 25TH STREET SUBDIVISION, according to the Plat thereof, recorded in Plat Book 11, Pag~ 46, of the Public Records of St. lucie County, Florida. - - - - - i _ - - STATE ~l-~RlC~A ~ - j~ ? t, x. r,- f?OCUMENTARY ;z S?A M P - N f)EPT. vF ticl'~NUF (3' ~ ~ ~ M~~T ~ T~Q K~ ~ - ~ ~~T-l'75 ?r;~/~~ f; ~ 8. 0 V ~ ~ 4 rERf9N~L ~~l~1Y~ ~ - Ps. ~ ~ a~ °u°~t ~""~n.~i~. ~ ~ . o = ru~ ~ _ _ aadc o~edrt ~e rtu' ~ ; ~ , i f ~ ~ T~N:r:T}it:r ~~•ith .~ll the~ imi?ro~-c~~uent~ no~~- or 1~~•r~~:ift~r ~~r~•cted ~m thc• propc~~•t ~u~d :ill e.~semrnt~, i ~ ri~l~t•, apptn•t~•u~ncc•s, reut•, ro~-.~Itir., uiinc~ral, ~~il an~l ~~.i~ ri~ht, .uid j,r~?fit~, «•.iter, ~~•ater ri~Lt~. ~ .ui~l ~~•~t~~' ~toc•k, .u~d all tixtin•es i~~nc or lu~re.~fter .itt.ic~Lc~~l t~ the~ ~~ropert}-, all ot ~chiel~, includin~~ ~ repl~~•i ~u~ n1..in~l .iclclition~ tlic~r~~t~?, •l~all 1~~~ ~l~~~me~l t~~ hr .in~l r~main p~rt ~f th~ ~nv?~?ert}- c~o~~erecl ~ ~ 1?~• thi~ ~i~?rt,r:~,r~~. .~»~l aU ot' th~~ Y~~r~~,r~~in~_. t~?~,~~th~~r ~~-itli •~id ~~ropert}• (~?r ihc lc~:~~~~h~l~l ~~~t:~tc~ ~ ~ in th~= ~~~-~mt tlii~ ~Tm•t~:~:,r~• i• m~ I~~a~~~l~~?1~1) sir~~ li~rri~~ ~•~~f~~rr~d to a• th~~ "Prop~rt}-., E ~ F;orro~~•c~r eo~-c~n.tuts 1liat K~?rrm~-~~r is l.i~~•fttll~• •~,~~~~~1 ~~f th~ ~~•tat~• h~~r~h~- c•om•e~•~~cl :m~l lu~~ th~• ! ~ ri~ht t~? iu~~rt~,a~~~. !xr:int :~n~l c•~ni~•~~~- tlu~ Pr~imrt}-. tL.~t th~• 1'roi?~~rt~- i~ un~nc~umhc~r~cl. .uul th~t ~ Rm•ro~~•cr ~~•ill ~~•arr:int an~l ~1c~Yen~t ~,~m~~r:~ll~• thi~ titl~~ t~? tli~~ i'r~}?~~rt~-:~,.iinct .ill rl.~in~• ~uul ~le~n.in~l~. r ,»L,j~~e•t to .~n~• e~ti~~•ine~nt• :~iul r~•~trie•tinn• li~te•~l iu .~•lu~~lnl~~ ~~f c~x~•~~~?ti~m. ti? c~~~•~~r.~,'~~ in a~n~- tit~~~ iu;,tr.mc•c~ ~?~lic•~- iti~~n•in~, L~~n~l~~r'~ int~~r~~:t in tlu• 1'roi?~~rtt•. ; ~ . . ~ t'x~EOr~t C'ovt::e~;vTS. Rorr~?~~•~~r :~n~l (.~•ndi~r ~•~?~•~n.u~t aii~l agre~~ .i~ f~llmr.: i ~ 1. Payment of Principal and Interest. Rorro~~•cr ~hall ~~rom~~tl~• ~?ay ~vhen ~luc the ~irincipal of and interest ; ~ ~ on the indebtedness evidenced b~• thc Note. ~?re~~a~•ment an~l latc ~harges a~ pro~•idc~l in thc ~Totc, and the princi- ! ~ pal of and interest on any Future Advance.~ ~ecum~l b~ thi~ \tort~a~c. F t f~ 2. Funds ior Taxes and Insuramce. Siihject to I.en~ler'~ o~?tion nnder ~~:iT:1QIYi~lI1< and hereof. Bormwer g • sha11 pay to I.ender on the ~la}- monthh• in~tallmcnt~ of ~?riizci~?:i! and interc~t arc ~~a~able under the Note, until ~ • the Note is paid in full, a sum ~hcrcin "Fund~"i c~~ual t~~ onc-t«•clfth of thc vcarh• taxe~ and a~sessments ~vhich Q may attain ~~riority over this ~(ort~a~e, an~l ~;rouiul rcnt~ m~ th~• Yrn~~ert}-. if any. ~~lu~ onc-hvelft.h of yesrl~ pre- ; mium installments for hazanl insarancc. ~?lu~ one-t~~•clfth of }•carl~• ~?rcmium inctallment~ for mort~a~e insurance. $ if any,:~ll as reasonabh• cstimateYl initiall~• sn~l fro~n tiuu~ tn tinu~ L~• L~•n~ler rn? the• h,~.i~ of as.ce.csments and bill~ ~ ' and rea~onable e~tim.ite~ thereol. "1'h~• }~~un~l~ ~L:tll IN• li~~l~l in :u~ in~tifntion th~ ~te~~o~it~ ~r xc~aunts of ~~•hich arc e ~ FLORIDA-F~c-~zr~~-~ ~0 4 Fa~ir ~ ~ BaoK244 PAGE1655 ~ _ _ - ; , 4 . _ t~~~ : 5.; ~~~.~.~~~~iz_