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HomeMy WebLinkAbout0642 TO SECURE (1) the psyment of s ~ote executed by the Mort~agor to the order of the Mortgagee bea~ing even dats herewith in the ptincipal sum of Twen~y Thousand and Q0~10~--------------------^-----•-- Dolla~s (s 20.~000.00 1, which note, together with inte?est the~eon as therein provided, is payaWe as follows: In monthly payments to be calculated according to a ten (10) year amortization schedule, with the first wch payment in the amount of S 256 _ 07 being due on the ~ st day of J~ne . 19 and a like wm on the corresponding day of each month thereafter until the 1 S t day of May ~ ~g $3 , at which time a final BALLOON PAYMENT shall be due equalling the entire unpaid principal balance of S ~ 2.423 - ~4 , plus accrued interest, if any, unpaid late charges and all advancements owing unde~ the terms of this note or the mortgage of even date herewith which secures it. (2) any advances made by the Mortgagee to the Mortgagor, or his wccessor in titte, for any purpose, at any time before the release and cancellation of this mortgage, but at no time shall ~nis mortgage secure advances on account of said original note together with wch additional advances in a sum inexceuoi Twentx, Thou and and.00/100--------------------------- ~ 20.OOOtOU Dollars S provided that nothing he~ein contained shall be considered as limiting the amounts tha~ shall be secured hereby when advancecl to protect the security or in accwdance with covenants contained in the Mortgage. (3) all of the covenants and obligations of the Mortgagor to the Mo~tgagee, as contained in a wpplemenwl agreement dated, executed and delivered concurrently herewith and reference is hereby made to said note and wpplemental a~eement for the full terms and conditions thereof, and the same are hereby incorporated herein as _ fully as if written out verbatim herein, and ~ecorded pursuant to 695.02, Florida Statutes, in Official Record gopk 138 , pages 1 1 S-1 1$ , of the public records of St . Luc i e County, Florida. In this instrument the sinqular shall include the plural and the masculine shall include the feminine and neuter. All rights and obligations under this mortgage shall extend to and be binding upon the respective heirs, executors, administrators, wocessors and assigns of the Mortgagor and Mortgagee. IN WITNESS WHEREOF, we have hereunto set our hands and seals, this 2~th day of - March , A. D. 19 78. I THIS IS A BA~LOON MORTGAGE AND THE FINAL PAYMENT OR THE BAIANCE DUE UPON MATURITY IS 5 ~ 2-423• ~4 , TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MAOE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE' ~ I Signed, sealed and delivered in the presence of: ~ , ~ - (SEAL) e~h , Shed er . ,_Jr ~"2t_.-@ c,._ ~ ~ ~ .r.~~l,~v (SEAL) - ~ P t icia L. Shedler - (SEAL) (SEAL) (WITNESSESI (MORTGAGOR) STATE OF FLORIDA ~ COUNTY OF S t. Lu~ i e ~ Before me personally appeared Joseph R. Shedler. A Married Adult and Patricia L. Shedler, , A Sinale Adult to me well ~ knovm and known to be the individual ~ described in and who executed the foregoing insffu~t, Ahd`' ~ acknowledged before me that *hPy executed same for the purposes therein expressed.,'~ - WITNESS my hand and official seal this- 27th ~ay of March , ~g~ _7ai . ~ _r~ry._~~ ' ~ . . , ' . AND REGOK9E~' _ j~ - _ fILEO ~OUNTY ftp V~ • ~11~1E g T R~GE ~ A UI ~0 , . Notary P ic in and for the County and'~Si,~f~ Y'~ ~If~r ,-:cn~~-~~--~~ Aforesaid. • . ,.•.t~% R . \J My commission expire4: ' ! ~ ,oZ9 ~~.~~AN`~~ o~ ~ . _ ~ ~y~fl ao~ 284 P~~ 842 . _ : , . . - - ~ ~ ~ : - ~ ~ , ; . .