HomeMy WebLinkAbout1459 Any partial prepayment shall be applied against the
unpaid principal installments of the note secured hereby in in-
verse order of maturity. In the event Mortgagor wishes to nrenay
the whole of the unpaid principal balance of the indebtedness
hereunder, the amount to be paid by Mortgagor shall be that amount
determined by deducting from the $70,000.00 original principal
indebtedness of Mortgagor herein the aggregate of the following:
(1) the aggregate of all payments credited on account of
principal because of payment made by Mortgagor hereunder
in amortization of said original principal indebtedness
to the date of such prepa}mient and
(2) the aggregate amount, if any, by which said original
principal indebtedness hereunder has been reduced by
Mortgagor's applying insurance proceeds and/or condemnation
award proceeds in reduction of said principal indebtedness;
and
(3) Chat amount computed by deducting from $19,719.91 (the
present total of the unpaid principal balance un er t e
First Mortgage) the aggregate sum of all pa;rnnents credited on
accounts of principal due under said First Mortgage because
of payments made by Mortgagor hereunder in amortization of
Che unpaid principal balance of said First Mortgage.
IN WITNESS WHEREOF, the said Mortgagor and Mortgagee have here-
unto signed and sealed these presents the day and year first above
written.
Signed, sealed and delivered
in presence of:
Q~ L.S.
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STATE OF FLORIDA )
~ COUNTY OF SAIIiT LUCIE )
I HEREBY CERTIFY that on this day, before ne, an officer duly
€ authorized in the State aforesaid and in the County aforesaid to
take acknowledgments, personally appeared JA2~S A.•BOLLt~R and PATRICIA
A. BOLL2B;R, his wife, and ARTHUR B. EMMONS and.ltAP.GAP.FT A'i:+I E?L?iOPIS, his -
wife, to me known to be the persons described .n and who executed the
foregoing instrument and they acknowledged hctore me that they executed
the same.
WIlI1ESS my hand and official seal in the County and State last
aforesaid this 23rd day of Mme, 1979.
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~ 55 State of Florida at ~ar~~`"
w 1919 ~IAY 25 PM ~
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iLE ANO RE CORDEO - • _
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CLERK CIRCUR LOUR _ ` - _
RECORD Yf.P.IF!F"_ rJ•. E'
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