HomeMy WebLinkAbout2057 ~o ~iaue and to Mold fhP same, fcx/PIhPr with the IPnements. herPditamenls and uppurfe
nanrPS flu•rPlo bPlwiging, and IhP rc•nls, issues and profits fhP?POf, unto tht? mortgagee, in fee simply.
find the mortgagor cor~Pnanls ?rillr the mortgagee Iha! fhP mortgagor is indPJPasi6ly sri.Pd of said
land in jPe simple: that the mortgagor has good right and lawful authority to convey said lured as afore-
said; that 1hP morf~fago? ?vill melee such further assurances fo perfect the fee simple title fo said land in the
mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the title fo said land
and will dP(Pnrl the same against the lawful claims of all persons whomsoever: and that said land is free
and clear of all Pnrumbmnces
i
~roulded Always, that i f said mortgagor shall pay unto seed mortgagee the certain promis-
sory note hereinafter substantially copied or identified, to-wit:
PROMISSORY NOTE
FIRST CITRUS BANK OF INDIAN RI E~ LINTY = L3,ZS9.40
No. VERO BEACH, FLORIDO 3~><~ 3 -
For value received, the undersigrNd land if mare than ores, ath of them jointly end severallyl, promise to pay to the order of ,
FIRST CITRUS BANK OF INDIAN RIVER COUNTY ,
at its offigs at VERO BEACH, FLORIDA 13~259.4A
tM sum of 1'BI>~'l» T! =ftf0 !Z>1~l~~ A7~ ~ - DOLLARS t
(TOTAL OF PAYMENTS(, payable in ~ mfinMly instalment: of = each, on the day of each wins month commencing
on ,19 ~ ,together with all costs of collection, indudily a tessonabls attorney's fee and appellab work.
The undersigned Rromisa to pay (sb charges not to exceed 596 of the amount of any principal payment or payments in defwlt. All payments made
hereunder shall be credited first to interest and lawful chuges then accrued and the remainder to principal. TM amount of this nob~ncJ~s the Proceeds of
= 9.a08.f~4 , »cordirg fee oft 17•~ , intsnpible tax of = x•73 ,documentary stamp tax oft 1 •sa plus credit Iffe
inwrsna premium of = ttiOAt othsr f~srges
of S i1Q1aY (rewltirlg in an AMOUNT FINANCEO•of s plus a FINANC~ 389 ~E of ; s (which s ,
estimated to begin to sfxrue on Lp~Cil 9 -fg 79 , ~ which amount includes inbre:t of = • plus txsdit I'rfe insursnt~ praniums
~ oft t~fa and other charges
oft 1
_ (DESCRIBE ANO STATE COST FOR EACH)
resulting in an ANNUAL PERCENTAGE RATE of u• ~ The undersigned has the rght to prepay this loan in full and obbin s refund of
the unearned portion of the interest and credit lib insurance premium computed undo the "Sum of the Digits" method.
CREDIT LIFE ANO CRE01T LIFE A DISABILITY INSURANCE, ARE VOLUNTARY ANO NOT REQUIRED FOR CREDIT. Such il~ufana coverages is
avaibblt at the cast designated below for tM farm of the credit: la) t 1st~esY for Credit Life Insurance ib1 t sirom~ for Credit Lib 8
Ois~ility Inwrfula
YOU HAVE THE OPTION OF AfS16NINti ANY OTHER POLICY OR POLICIES YOU OMIN OR YAY ?ROCURE FOR THE COVERAGE OF THIS LOAN.
ar~1 1 Credit Liss Inwrnncs a dfasi»d on the lif: of lrOt liQabL Birthdab
~wvr I l Credit Lfi 8 Disability Inwrarlu a desired on ~
eiao` ~ Credit Lib endJor Disability Inwrsrla is not desired. .
(Deb) ~1 3' lSgnatu») z ~ '
PROPERTY INSURANCE, if written in connection with tfia loan, may be tsined.by tM undersigned through any parson of his choice. If the
undasgrled desires property irlwrsnq to be obtained through the creditor, tM cost will bet 1sASa~ for • term of ~rlonths.
In tM event any irlstoefnlent of principal is not paid what it becomes due, the cretin amount of this nob, less the amount of any rehabs required by
law, shall become dw and payable at the eleeUon of the holder.
The holder a hereby authorited to apply, on or sfbr maturity, to the payment of the debt, arty funds err property in po:aaioo of holder belonging
c to tM Maker, wrety, endorser, guarantor, or any one of them, and all endorser: end w»ties ague that the nob may, in whob or in part, be extended or
renewed hum time to time without notice to them and without »leea of their liab9ity heron.
Presentment, notice of dahonor and notice of no~?ment a» hereby waived bll each maker, endorser and other party to the nob, and eaf~l of them
do hereby waive the right to be swd sfbr defeuli in the county of their residerla.
SECURITY-This loan is eewred by a Mortgage of even deb on the following desaibed real property: IDeeuibel7ro~t u ~ 81,Of3k 63~ iss~.t i
IAIfa1il000 >p>T~ BttNDIVIi2~ • iPS'. ErDCI! C0~>lrt><,
The Mortgap will fawn future or other indebtednew and wgl cover afar acquired property. _
TM undersigned acknowledges reuipt of a completed copy of the nob on the above dace.
lAddresd ii1003 hufaaloola ' tvact >li~cf~, >PL _ SEAL
lAddres) Signttrr»; ~ SEAL
~ R O° 1
y IANreeal ~QLR{~I?_- Sipnatu»: SEI?L 1
R~s~lLATION '2" DISCLOSURE COPY NON-NEGOTIABLE d'~~'
mac, ' sa.~