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HomeMy WebLinkAbout1729 I ~ ' [2`3V1,~ i ORIGINAL ~ f p,~, . REAL ESTATE MORTGAGE i NAMES ANO AOORESSES OF ALl S MORTGAGEE: C.I.T. FINANCIAL SERVICES, INC. BETSY A. POLUIRO a/k/a BETSY A. MAYHARD AND AoORESS: JAMES R. MAYNARD, JR, her husband 3016 S0. FEpERAL HIGHNAY ROUTE ~ BOX 233 FORT PIERCE, FLORIDA 33450 i FORT PIERCE, FLORIOA 33450 ~ I scare rlMwMt,'r e.lwse! rre+rs ro NUMBER OF GATE OUE GATE FIRST PAYMENT JOAN NUMBER GATE wccrut ,r orwu rwu~ even a pAVMENTS EACH MONTH OUE r rrwwswctwn - 4/6/79 4/11/79 60 11th 5/11/79 AMOUNT OF FIRST AMOUNT OF OTHER DATE FINAL PAYMENT TOTAL OF PAYMENTS AMOUNT FINANCED ~PAVMENT PAYMENTS OUE 325.00 = 325.00 4/11/84 s 19,500.00 X2,798.59 ff THIS MORTGAGE SECURES FUTURE ADVANCES -MAXIMUM OUTSTANDING 550,000.00 i Each of the undersigned to secure payment of a promissory note of even date from one or more of the above named Mortgagors to the show named Mortgagee .n cne above Total of Payments and all other and future obligations of one or more of the above named Mortgagors to Mortgagee, the Maximum Outstanding at any given time not to exceed stated amount above, do hereby grant, bargain, sell and convey to Mortgagee the following described reel estate, together with ell present and future improvements thereon. situated in Florida. County of ST....4UC 1 E Lots 3 and 4, Btock 2, FLORENCE M. HATCHER SUBDIVISION, accord- ~ ing to plat thereof recorded Tn Plat Book 10, page 7, publ is records of St. Lucie County, Florida. Subject to reservations, restrictions, easements and rights of~ • way of record= and subject to an outstanding first alortgage , from the grantees herein to First Federal Savings and Loan Associa- rtion of Fort Pierce, dated May 17, 1974, recorded in 0. R. Book 227, page 2546 of the public records of St. Lucie County, Florid,. ~^CORO"0 in ~:.e orioinai pr±ncipsl stag of aji~`~~?. - - ~ ~1~~ " - • - ~ IN PA1f1ifENi Of TARE: ~ ~ - DUE ON CLASS 'C'INTARG BLE P_RtOMAI PROP~~ ~ ~ • PURSUMI TO • HAPTE : 71• ACTS OF tUl. ~ . - ~ gent c~aar COURT, sr, wl~ 01~ ~ ~ ~ _ If Mortgagor shall fully pay according to its terms the indebtedness hereby secured then this Mortgagee shall become null and void. Mortgagor agrces to pay atl taxes, liens, assessments, obligations, encumbrances and any charges whatsoever against the above described real estate as they } cecome due. Mortgagor also agrees to maintain insurance on the above described real estate in such forth and account as may be satisfactory to Mortgagee in 'Y"~; ~ tgagee's favor and in default thereof Mortgagee may, but is not obligated to, effect said insurance in Mortgagee i own name. t If Mortgagee makes an expenditure for any tax, lien, assesurtertt, premium, covenant, prior mortgage or any charge whatsoever in connection with the above >s; r:bed real estate, such expenditure shall be due and payable to Mortgagee on demand, shall bear interest at the highest lawful rate if not prohibited by law, shall a Lien hereunder on the above described real estate, and may be enforced and collected in the same manner as the other debt hereby secured. I Upon the default in the payment of any portion of the indebtedness hereby secured, or any other default, all obligations of Mortgagor to Mortgagee shall be- ~ome due, at the option of Mortgagee, without notice or demand. Each of the undersigned agrees that no extension of time or other variation of any obligation secured hereby shall affect his obligations hereYnder- Mortgagor and Mortgagor's spouse hereby waive all marital rights, including dower rights, homestead exemption and any other exemptions under Florida law. s ~ IN WITNESS EREOF, the unde~goed~it~ have set (his-her -their) hand (s) and seal ( day and Year first above written. ~ ~ t gspor) (Witness) (Mori t i ri (Witne ) (Mort or'sSpousa) I ~ -'E OF FLORIDA ~ r 1 ~ y-; SS. ,.`QTY OF J. s ~.t ~}_1 SS ~ I HEREBY CERTIFY that on this des ,before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgements ~ t:~rx~-~ rrsonallyappeared ~.w1JV../~e i; _ 1 J4 ..y.>, ~ ~'rkvX~t~.t...JFI...... _ ,hi:wife ' ;o me known to be' p~rsonlfi~dlKe'rib~d in and who executed he foregoing instrument, and (he-she-they) severally acknowledged before me that (heshe-they) ` . . z, _ 's xecuced the same.. ; ..r ~z 1 t WITNESS t'rlp hid a~offic~ stmt in the County and a e r ""s ~V.~Ki~/1/.]1...... .day of ...~-~.-•.ri'......_...~/.~~ ,/~.D. 19 • i= d / / ..L~/_ " 1... Notary Public. State of ..t.`....... ~`/L/ . . • - y~ p 7,~~ ! ..,77V :"{jW?~l~'f~~ ices . - Thif instrurtfeplrlll~~ep~(ed~~ _ _ ~ dd ~ . ' 1 INamel afU'ARy MJdLIC SSATf Of Fl.'R{D++ AT .~R q rce~ss) , < ~O^ Mt CO?I?VItS;IU'. fyPIRES ~..k~ `v 1 ? ~ L{~.2 9aa ;,-gel Fu.-a£ ~ ~ j~ Jy ~p icy (,fT1(RAL IN6 t,r,~+i .:k; ~iRS 1 V _ - = -