HomeMy WebLinkAbout1470 i
TO SECURE
11) th• payment of a note executed by the Mortgagor to the order of the Mortgagee bearing wen bete herewith
in the principal sum of Two Hundred ThQysand and no/100--------------------------- Dollars
lS 200.000.00 1, which note, together with interest thereon as therein provided, is payable as follows:
to monthly payments to be calculated according to a twenty-f i ve year amortitstion schedule, with
the first such payment in tM amount of s 2.407.54 _ be;ng due on the 1st day of February
19 80 . and a like wm on the corresponding day of each month thereafter until the 1st day of
Janua rv , 19 , at which time a final GALLOON PAYMENT shall be due equalling
the entire unpaid principal balance of S 156.855.60 ,plus accrued interest, if any, unpaid Iste
charges end all advancements owing under the terms of this note or the mortgage of even date herewith which
secures it.
121 any advances made by the Mortgagee to the Mortgagor, a his wocessor in title, for any purpose, at any
time before the release and cancellation of this mortgage, but at no time shall this mortgage secure advances on
account of said original note together with wch additional advances in a wm in excess of Two Hundred Thousand
and nn/IAA--------------------------'bollars (S 200.000.00 1 provided that
nothing herein contained shall be considered as limiting the amounts that shall be secured hereby when advanced to
protect the security or in accordance with covenants contained in the Mortgage.
(3) all of the covenants end obligations of the Mortgagor to the Mortgagee, as contained in a wpplemental
agreement dated, executed and delivered concurrently .herewith and reference is hereby made to said note and
supplemental agreement for the full terms and conditions thereof, and the same are hereby incorporated herein as
fully as if written out verbatim herein, and recorded pursuant to 695.02, Florida Statutes, in Official Record
Book 138 ,pages 115-118 , pf the public records of S t . Luc i e
County, Florida.
In this instrument the singular shall include the plural and the masculine shall include the feminine and neuter.
All rights and obligations under this mortgage shall extend to and be binding upon the respective heirs, executors,
administrators, wocessors and assigns of the Mortgagor acid Mortgagee.
IN WITNESS WHEREOF, we have hereunto set our han~dsc~and seals, this day of
~~cT?'e'.w~~t-~.- , A. D. 19.1_..
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE DUE UPON MATURITY
~ 1S6~8SS_60 ,TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL
~ IS S
ADVANCEMENTS MADE BY THE MORTGAGEE UNDER T E MS OF THIS MORTGAGE
~ FED L II ASSOCIATES, A FLORIDA GENERAL
PAR RSH
' C~~G/j'LQJ (SEAL )
sealed and
~ ~rt n, rtn (SEAL)
er ra ar ner
„d, (SEAL)
os eas ey, ~ ar ner
Gciu
.d. - (SEAL)
• BY. L. B. Owen A Partner
a3. b~ (SEAL)
WITNESSES) BY: Frances H. Owen, A Partner
t ~unpr~ornat _
STATE OF FLORIDA COUNTY OF ST. LUCIE
s 1 HEREBY CERTIFY, that on this ~ f7* day of /y0?e.,rde.ti , A.D., 19~
before me personally appeared RobQrt Nelson, Joseph B. Beasley, L. B. Owen and Frances H. Owen
•
respectively Partners -~~i~91S~~1X >86~E>~W61E~ of
FEDERAL MALL II ASSOCIATES ,a FLORIDA GENERAL PARTNERSH
3 ~r~ca~rlx
1 to me known to be the persons described in and who executed the foregoing instrument, and:sev.~rally acknow-
ledged the execution thereof to be their free act and deed as such officers for the uses afx~.gNrposes therein men-
tinned, and that they affixed thereto the official seal of said corporation, and the said~instfuFrtenY•is;the act and
deed of said corporation. • _ ~ ~ ~ 1 7 f;~
WITNESS my hand and official seal at _ St . Luc i e~F 1 or i da ` _ , ~yg~~ cpurity and state.
- - --=~=i,
~p~K,J21 P,GE~4U9 Notary Public, In and for State ands' ,ur~tr aresaid
Rotary Pu51ic, Stale bf Floiwla at lirye
My ('rmmicinn Fvnirac• iA.. Cemmr.~N,n F.:,v: ~ Mxr 11~~