HomeMy WebLinkAbout2635 44434 ORIGINAL N
REAL ESTATE MORTGAGE
NAMES ANO ADDRESSES OF AlL MORTGAGES MORTGAGEE: C.I.T. FINANCIAL SERVICES, INC.
Glirtis Drown and Geraldine Drowns his wife ADDRESS: 3016 Soa Federal Highway
3507 `Avenue P Ft, Pl~erce~ Florida
Fort Pierces Florida 33450
LOAN NUMBER DATE e.rE fIMAMCr c/lw.,e K,Irs t0 NUMBER OF pAtE DUE GATE FIRST PAYMENT
eeetus Ir orl/e~ rllw Nn or pAYMENTS EACH MONTH pUE
T\AMLnl:r10M
21314463 5/31/79 6 579 120 th
AMOUNT OF FIRST AMOUNT OF OTHER GATE FINAL PAYMENT TOTAL. OF PAYMENTS AMOUNT FINANCED
PAYMENT PAYMENTS DUE
s 134.00 s 134.00 6 589 s 16 080.00 s 80
THIS MORTGAGE SECURES FUTURE ADVANCES -MAXIMUM OUTSTANDING 550,000.00
Each. of the urxfersigned to secure payment of a promissory note of even date from one or more of the above named Mortgagors to the above named Mortgagee
.n the above Total of Payments and all other and future obligations of orts or moro o~ the above named Mortgagors to Mortgsgaa, the Maximum Outstanding at any
given time not to exceed stated amount above, d0 hereby grant, bargain, sell and convey to Mortgagee the following described real estate, together with all present
.
and future improvements thereon, situated in Florida, County of Lucie
Lots 6 and 7, of Dlock 19 of SUHI.AAID GARDSNS~ as per plat thereof recorded in
Plat book 8~ page 32 of the public records of St. Lucie County Florida,
SUEJSGT to restrictions reservations covenants and easements of record.
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OSC C IffT AYJk1EffT OF TAJ(E$
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i ~ 32 KMTER ~!8'; AE~s X41 PfR}pfn~r
RQ ~f 1971.
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i If Mortgagor shall fully pay according to its terms the indebtedness hereby secured then this Mortgagee shall become null and void.
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Mortgagor agrees to pay all taxes, liens, assessments, obligations, encumbrances and any charges whatsoever against the above described real estate as they
' hecome due. Mortgagor also agrees to maintain inwrance on the above described real estate in wch torm and account as may be satisfactory to Mortgagee in
"Mortgagee's favor and in default thereof Mortgagee may, but is not obligated to, effect said inwrance in Mortgagee's own name.
{ If Mortgagee makes an expenditure for any tax, lien, assessment, premium, covenant, prior mortgage or any charge whatsoever in connection with the above
described real estate, wch expenditure shall be due and payable to Mortgagee on demand, shall bear interest at the highest lawful rate if not prohibited by law, shall
tt€ ire a lien hereunder on the above described real estate, and may be enforced and collected in the same manner es the other debt hereby secured.
Upon the default in the payment of any portion of the indebtedness hereby secured, or any other default, alt obligations of Mortgagor to Mortgagee shall be-
come 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 hereunder.
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Mortgagor and Mortgagor's spouse hereby waive all marital rights, including dower rights, homestead exemption and any other exemptions under Florida law.
IN WITNE HEREOF, the undersigned has -have set (his-her-their) hand Isl and seal Isl the day and year first above written.
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$ 1Witnass) 13 ~Yi'OMQI lMortpapor)
r (Witnessl. aldine DI'own (Mortgsgor'sSpouss)
.:TE Of FlOR10A / ///f/ Q t
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1 HEREBY CERTIFY, ( fore o f- r c~rlr authorized in the State aforesaid and in the County aforesaid to take acknowledgemenu
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persona - . .J ...W
.........................................-:-rrr---_...................-.......-....-.-................-._........_ .
and . ...~d..W...........-" ..............tt>~~!!'.'~................ ,his wife
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T co me k own to be the person(s) described in and who executed the t ing insvu(tii@t~ n ~ • 1 severally acknowledged before me that (heshe-they)
executed the fafT18. - .
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WITNESS my hand and official seal in the County and State I a j:. Jdty of - ~ , 19~
.:5.:. .Notary Public, State of ~
This instrument was Prepared by ~ • /•-C If
~ . ~ `~C~ /C . ` .
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(Nam,) Npt/11q STATR~, !DA AT IAKSAddr,p)
Q F. QAY ~ 29ISa2
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