HomeMy WebLinkAbout0448 i ~o ~iaue and to ~iold 1~~~ .tnn~•. lu~p•1~~~•r euif~~ I~~i~ I~~n~•m~•uts. ~~~~?ri~ilum~•nh on~~ uppu?1~~
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i ~~ur~~'r~ f~~~v~•fu ~u~~unyi~i~~. uti~1 i~~~~ n•nf:, i~su~•s ~~ni~ p?u~ils f~~~~?~v?~. uqfo 1~~~ mortyay~•~~. in ~tY~ simp(~~
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~h ~1~~ 1~~r ~nnrf~~n~~ur rori•nonls u•if~~ (~u~ n~urfi~ugr~ 1~~u1 I~u~ n~orl~?agu~ is iu~~~•~~•uci~~~y o! sui~~
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'E li~n~l ~n ~r~• .im~~l~•: ~Lut thi~ R~o?Iyu~or I~~s ~~oo~l ?i~~l~l nn~~ ~au~(u~ aidi~o?ily Iu.~-unrry sa~~l I~u~~l as a~orp
;i .~~i~l. t1~u1 fh~~ ?n~~rt+~a~~ur u•ill rnnR~ cui~{~ ~urll~~•r axsumni~rs fu ~~iv/rrl Ih~ fev simplP tit~~ to s~i~l land in the
±i nin.lip~~p•~~ as rnuv rnasunu~,~y ~?i+ n~yuirr~~: f{~af f~~i• morl~ta~~or +~~•rn~~y ju~~y u~~rrnnfs f{u• til~~~ fo sai~~ ~an~
I ~uu~ u•~~~ i~~~~~•n~~ 1~~~~ .u~nr u~~ninsf 1~~~ '~u~~u~ c~uims o~ aU j?ersuns u~hymsoi~rer: ont~ I~~a! sai~~ ~~ntl is ~?pe
i nn~1 ~ ~r~~. u~~ t~nrum~~rn~~~~rs
~ The Mortgagor with the execution hereof covenants and agrees in Mortgagor's own
behalf and in behalf of the heirs,assigns,anddevisees of the Mortgagor that
upon said property being sold, assigned or transferred prior to the repayment
of the loan on said property in full; the Mortgagee and / or the city of
Fort Pierce, Florida shall be entitled to claim a lien against the property
herein mortgaged for anY•~amount of interest, costs or expenses paid by the
City of Fort Pierce for the benefit of the property_herein involved: that any
prepayment of the mortgage herein involved shall likewise entitle the
~ Mortgagee and/ or the City of Fort Pierce for the reimbursement of any such ~
interest and/or costs advanced as aforesaid. I
The Mortgagee with the execution hereof covenants and agrees that upon default ~
and payment by the City of Fort Pierce of the amount of principal and interest tiuen
due and owiwg-after a default that the Mortgagee will assign the herein involved ~
note and mortgagewithout recourse to the CitY~of Fort Pierce, Florida.
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~rou~ded ~llways~ f~~af i~ sai~I morl~laflor s{~a~l pay unfo sat~ morfgagpe ftiP rertain promis !
sory nof~ {~Pr~ina~l~r su{~slnnfia~~y ~•opi~~r~ or i~enti~ie~, lo u~il:
ICD 6¢-106R-R~ord~r iroe~ Fon UM Syst«ns, 8wt 16527. T~mps 3360g 1~1 Rwia~d 2-70
Under f5000.-~S~cu~sd vd~al . . i
PROMiSSORY NOTE , `i;
~ ST. LUCIE GOUNTY BANK .
Forn Pi~ac~, ~oRroa ~-~u,~a--- -
. Nov. 15, .14~26
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For value ~ecsived, ths w~dsrsi~ned tand if mor~ than orte, sach of tF~sm joindy and severaUy~, promise to pay to ths oMer ot 7
$t. ~UClQ C~nfirt B~ani ff~
o t P lrce. Flonds
ths :um of 4A S~Q~ ~~~~'~"1673.44~--~~~ DOLLARS (TOTAL OF PAYMENTSI,
wrab~e ln.~~ mo~thly instsimeots of 39.03 sad+. on the 6th day of esch sucosssive monlhJ :
commenci~ an C• • , 19 76 toqethsr with costs of collection, inciudinp attorntys' fees pwl to 10'X? oi the
principal swn or such lar~ amouMS as may bs rsason~ble and just if cabcted by lepal p?ocesdings or tMough an attomsy at law.
Ths undsniQned ptomises to ps~ lats charyes rwt to sxcead fi% of ths- qmourK of sny principal psyment or psymenta M d~hult.
li All payments made here~mder shall be crsditsd Tirsi y~~t~t~st and lawfui char~ tl~en accrusd and ths remainder to principai. Ths
amount of thb nots tnctudes the prooaeds of~.• 1°~v~ reco~dinq f~s ot S Z1•:6
doGanentsry sarr~ tax of 8 ~•8S _ other charpes~ S~irCh ZS.00 ~ible tax ot i 3.B1-
' - ~ ~ - ~ (Dpcribs and Stats Cost of Eaeh) .
I of : (rowitin~ in an AMOUNT FINANCED oi • l~Z•gs ~ ptus a FlNANCE CHARGE of s Z~•S9
lwhich smount includes intersst of i Z~• 59 aedit INs inaura~cs premium of s ..and crodit investiqation cost of
a 1 resultirp in an ANNUAL PERCENTAGE RATE of 7• 1G. Tha underst9ned has the right to prepay this
iwn in fuii and obtain a rofund of dro une~med portion of ths tinance char~s computsd under ths "Sum of ths Dipits" med~od.
i . _ N{}CNT11lt. ~Yf?f`-~O~N~t-~ ~e!-~ ~M~~w ~ww~~ AM-~`aww~w ~rw un~ ~rw~w~ .^ww wwrw.~ .
_ ~VV~ w~~~h~ iY~r ~ti • r~(v v 1 vn MW~ ~lYb~t p~iYfMAi~ {rV~w~p p~tYNfM ~ M~ .
~d~sipabd bMow fw thi tum d tM cnd~ (a) i ~ Cr~ lif~ Inwrano~ ~ Z to. Cndit Lif~ f~ DisaWdt~r In rann
k p c~it ur. ~~u~q h aesi..a o~ n~. w. w. NDnro~ ~W~ss s~rn~ase.
~ Ce~t LH~ 6 Wssbility Imursne~ ts d~sfnd
~ ~ll
1~.5-°`?6~aab? ~~.~~a.~,~.a-~ ~e~ lEanroe Tncker ~ .
cwe.~ , _ ~
PkOPERTY ItISURANCE. N wkbn tn oonrwetion rritl~ tlNs lo~, map b~ obtafrrd bf~ tM w~d~nlONd tMOU~ anr PM~n o( Ns et~oiea N tM ue~n •
sl~d d~si~s_vro.PWtr iewrs~+o~ to a obWMd tAroud~ tM cr~dito~. tM cost riN b~ s for a wm of , nwntM.
In the e+rerrt any ir~talmerit of prindpsl b nqt Wid wt~ it becomes du0. ttN eMiro smourK of th~ nots, less the amount of sny
robates roqulred b~? law. shali bacorr~e due and paysbb at the elsction of ths hoider. _
Ths hoider is hereby autho~ized to apply, on or sftn maturity. to the payment d this debt, any tunds or ProPeKY P~on of haider
bebnging to the Maker, wrety. endorser. gusraMor. a airy one of them, snd sll e~Orsers and wret(es agree thst this nots may. in vrhole or
in Wrt. be extended or ronevred irom time to time witf~otrt noRice to thsm and without relesse of thelr Ifability hereon.
P~ntmeRt. notice or disfarar and notke of ran-payment ars henby waived by each maker. endorser arb other party to thb
note. and esch of them do hemby wahre the right to be sued siter defsult in the oounty of their rosWenos. Bil.~t~
SECURITY - This ban is aecursd b~? s Mortgage ot even date on tht foilowing d~acribs4 ieal ProP~Y• (~escribe~ ,
1l~~tiora~ot~ en ~ii ~ i.~,~_s~.~.~ i~~.w ~t. :+::~o Co~:, !mr 809 D~mQss LYt Pt ?irs~[C
s.. Mn~l~aa~ tor a~d~diti~onal t~rs, oo~vsaaata ar~! aw~ditiom basyia if?wl~ed.
The AAOr~aga wiq seaire futuro or ather tndeMedneu and will rnver afte~ acquirsd property. '
The underslgned ~ neoeipt of a oompieted copy of this rtote on ths abovs dste.
809 Dun~as tburt 1"t. Pisrce, Fl. s ILflnroe Tucker
lAddnss) Stgnatur~ ~
~~tu ' SEAL
Doc stamps a~fixed to e or q no~e
Sfanaturr - $Q(~tr~;~_-~_----_-~-----~SEAt-----
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