HomeMy WebLinkAbout0827 ~3't~ of ~lur~ Ma'rrc~~e • ?
a t _ Lu e ~ ~ ~wr~ fro
~St D
iws MolrrcAr~ Wads tw ~ 1 a t day November , lv 7 9 -
~ ~ bato?..n Bar-~t S.. Baumgardner
Nancy J, Baumgar-deer , d, ~e of
St. I,u~ie - Ceunq. slat. of Florida . bsrs~aaher whether oat oe e~ors coiled the "Moet-
a•g~ . beoo~a tadeeta Florida Vinyl Distributors, Inc.- of
Hill sbo>~ouQh ~ti, stet; Florida ~ c~ We ~Mort~,~.a~_ to t6a •wi o[
_Fire Thousand Two hundred & 00/1JQ---------- rtrv~_wrzc ~~Q0:00----- ) "
a,id~ ~ One promksoey nob of even dent hsrswtW m the tMd amotsrt sN tomb above. payable .
m 120~~~y~~~tsmtbssumof Eighth Six` and 66/100--------------- -
Dou.Alts 66--- t.'.a fleet payment oommsard~ or ttie 30th day ~ January .
19 $ 0 .and condaufag on the sane day of each tsont6 therafier uadl fully pad. together with late charges of five (s) serfs per 11.00
oa each inatallmsat not pad vrtthm tan (!O) days of the dw date: but not emeedmg the lawful maximum. and Ltterest aher maturigr at tbs rats
of 10% per annum. -
NoW. for and m oowidaraWn of the afores.fd tadebtednssa and to secure the prompt payment of the name. Mortgagor has bergafned and
sob artd does hereby grant. bargain. adl sad a~avey auto the sad Mortgagee. ba suooassors sad assigns. the tolbwleg described lot or parcel -
St. Lucie -
of hind situated m coaaty. State of Florida. to wlt:
$ast 78.8 feet of Lot 10, and the West-10.6 #eet of Irot ll,-Block 5, _
RSPLP.3• t?F PALM GARDENS as in _ Plat Book 12 , page 4 2 , of the Public . -
necords of St. Lucie County, Florida. - _ _ .
SRO : /A. yes pl M': MEIiT 01 fA~ _
$p - OOE Oq 6t1lSS 'C' htTAN6 8!f P: F5~1ia PRQPERnr
t~Aillitlti ~ GIfAfTE:t 7f-,_~~ 1<41S ~ qfl.
R06iJt PuffWIS -
- - fiLLi tliCwi COIiRT. t?'L ~ CO. RA. ~ _ - -
. ~=Z D_OCUM.ch1T_AR1`,-'- STi~h:f' 7L: ~
_
Together srtW all rights. member. pivlleges. hereditament. easements and appmteaanars bebmging or appertaining. Mortgagor hereby
oovenaats and iverrants tD the Mortgagee. hf.a heirs. suooeasors sad assigns. that be bas .a fee stmpie title to seed property. free from all ea- _
custbrenoes except: - - _ - -
Sou#hern Mortgage Associates, Inc., assigned to:
Queens County Savings Bank -
TO HAVE AND 't~0 Hl~ all and singular the afaregraated and bargaiaec! premises unto the Mortgagee forever. provided dways that if
the Iofortgagor shaIl sad vrW pay to We order of the Mortgagee. according to its tenor and effect. tort oertafn proo~imoey note of even date
herowiW and secured herby sad any other sums wh[ch tannins owing by the Mortgagor to the Mortgagee pets to eanee0etion hereof, tbea _
fhb mortgage :half cease. terminate end be vod. otherwi,e !o reoala m hr0 faros and effect.
ThrrMortgagor egress and mreaants to pay a0 taxes and special aasassmegts against the property and agrees to ~ay.all texas levied under
the laws of fhb State on the mdebtednsss secured hereby. Mortgagor further covenants and agrees that hs vrN at aD times until the rdeese of
fhb mortgages keep m force a policy oE-lnaarance oa Wet portion of the mortgaged property rrbicb in fnaurble covering loss and damage by
fire and the other rxsualtfss covered by the newt aomaeherstce casualty frrsuranm- poW.y_ Such policy shall be wiW an inc~r+er eseeptnble to
the Mortgages. in an amount not lees than the belanoe oMng spun the i~ebtednew secured hereby. wiW bas peyaoie bo the Mortgages. in the
avast at toss. Mortgagor shall glue tmmedLts notice by ma>2 to the Mortgagee. who vrlil make proof of bas if not :recta pr»mptly by the Mort-
gager. and each is:sur+ace oo~apeny ooncerued fs hereby aatbat:e3 sect directed to make payment tar such foss dtr9ctly to the Mortgagee m-
staad of to tba Mortgagee and Mortgagor pintly bat. m the event eery pnyoent m made portly. Mortgagor hereby authorizes Martga}iee to ar-
flora hb name on my chsdr. draft or money order a+r ids attanrsy-ta-fad. Upon psymeat far loss. the Ma-igagea may at his sots option apply
such prooseds to redacs the balance of the indebtedness. ~ m restore the mortgage property. m the event Mortgagor shdi neglect or refuse to
obWn said insurance or pay say taxes wbes doe. then We Ma-tgagee may at his sole option obtain snch insurance or pay +rll such taxes of bath.
and all sums expended therefor a•e hereby sscared-by this mortgage.a~ shall be due Immediatdy from Mortgagor to Mortgagee with interest
' st the rte of f0'A per annum from the dots of psymeat by tM Mortgagee rmW paid.
- 'I'hs Mortgagor egress and oovsaants that bs-vrill sratntam the m~xtgrged property in good condition and not to a~mmit or to permit enyo~
else to ~esopsWe year sad tear excepted. Upon tbs fellers of the Mortgagor oo so maintain the mortgaged property. tlrg Mort-
gagee may d lassoes work to 6e performed at the asst of tbs l?{ertgagor. Any such: smn so expended shall be due Unmediate-
ly from Mortgagor with mtsrst at the rate of 10~ per sanm~ liar the dtte expended until paid.
The Mortgagor hereby vests tbs Mortgages vdtb the fuD power and a~hority, upon the breach of an)r oovewnt or warrant harem axiiaiaed.
or npoa any defanh fa the payment of say mstallm~t provdsd m add rote or ~y renewd a extension Wereof. ar m the pcrbrmaace of say
age+eemeet harem ooatafsed. to declare the entire mdebtedaase hereby ssaaed isrmsdiatdy dpe and .payable. wiWaut entice to say person. to
proceed to tor+ea•Jose t61s mortgage in wtW laws o StaUs~.
~ ~
This instr•.iment~ prepared by: M. 1~~~E, 5146B Cypreias St. , Tampa, F1. 33607