HomeMy WebLinkAbout2154 I~ P-1726/emz
MORTGAGE PEED RAMCO FORM REB
II lONO CORM ; •
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I:xecutt•d tht• 1St day of November A. 19 79 by
ULF MULDBJERC
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' /tereina(trr called Ilte mort~tagor, to
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j MATTHEW J. SCHNEIDER and MARIE T. 5(:HNk~IDF:R, his ~tife -
j ltereirut(h•? called tlu• mortgnTtee:
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ij ~1\here+er uvd herein the term+ "m..rtgatior" and "mwteaKce" include ali the parties to thin imwmeat and the heirs.
Meal repre.rntab+es and assirm ut indi+idual+, and the wcce.+..n and a.+iem a( corporatiom; aad the term "Dort"
itwh•de+ all the nuts herein decrihe+! it m.ae than une-i
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~itnesseth ~ tltat
~ (or stood and ealuaLle rnnsideratiats, and also in consideration of the aggre-
pate sum named in Ilu• promissory note of et•en date Itereuritlt. Iternina(ter described, t/te mortgagor here-
' 6y grants, 6etntains, st•11s. aliens, remises, coneeys and con(irnts unto the mortgagee alI the certain Iand .
of urhic•It the mortttn~tor is noun seized and in possession situate in St. I,UCie County,
1'lorida, riz:
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Lots 7 and 8 and the South 20 feet of Lot 9, j
Block 3 of LINCOLN PARK N0. ONE (1), as per
Plat thereof on file in Plat Book 2, Page 5
of the Public Records of St. Lucie County,
Florida.
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THIS IS A PURCHASE MONEY MORTGAGE f
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ti i IN THE EVENT THE MORTGAGEE DECIDES TO SELL, THE MORTGAGE ON DISCOUNT I
rn THE MORTGAGOR SHALL HAVE RIGHT OF FIRST REFUSAL OF ANY DISCOUNT MADE ~
~ AT ANY TIME FOR THE FULL TERM OF THE MORTGAGE. THIS SHALL NbT BE
CONSTRUED TO PREVENT THE MORTGAGEE FROM ASSIGNING THE MORTGAGE AS
rt_'~;i~! COLLATERAL FOR OR TO SECURE A LOAN TO THE MORTGAGEE AND MORTGAGEE ~
; : ~ MAY DO S 0.
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` ~ IN THE EVENT THE MORTGAGOR DECIDES TO SELL OR TRANSFER ANY INTEREST
IN THE PROPERTY, THEN THE TRANSFEREE'S CREDIT SHALL BE APPROVED BY
i THE MORTGAGE HOLDER, AND UPON GOOD CREDIT CHECK OF THE TRANSFEREE
S ~ THE MORTGAGE HOLDER WILL AUTHORIZE THE TRANSFER OF THE ABOVE-CAPTIONED
PROPERTY.
I THE PRINCIPAL Saki OF $8,000.00 SHALL BECOME DUE IN THE EVENT OF A SALE
OR THE TRANSFER OF INTEREST IN THE PROPERTY WITHIN TWO YEARS FROM THE
: ; • - DATE OF THE MORTGAGE .
NO FUNDS IN EXCESS OF 29 PER CENT OF THE PURCHASE PRICE MAY BE PREPAID
DURING THE YEAR OF CL06ING.
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LN= 89 C } ::•d'+j 3LL PiPfC:111 s~aD.ir<xt,
F1T4S~AiT TO ~!t'•tTia 11-!~4• AGiS Oi 1P11a
FJtriA PWTRJIS ~
Ct,t.RK CIRCIki COWtTr. sT. LtLGE q. !u
'`319 p~i42 4
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