The URL can be used to link to this page

Home My WebLink About1458 - - ~ - ~ The Mortgagor 6ereb~ ooveasate with the M that b. ~ finder eeise3 o~it11G Iaod is !ee ion or such otLee estw~ tf aqf? as is stated Lereia; Chet Las Cull pollee sad Iawlul_ri~g6t b ooove~ the s~uas - as ec~asaid; that the 4ad >s rre~ fe~om *U eneuoabrarteses • that ~aid141origagor euospt at har+sia other.rirs rented, wilt arrveeagqics suoL rurt6er aeswraaoes b prone the ataresaid title b a~ land in aid h+ a• may bs reawo- and will d head ~~ag~trlawful ol+~u~osyof t a]t warrant the title b acid lead, and av~ pact thenot, . peesaos wLoaesoever. - PsovtOeO ~LwATfi that If the Mortgagor tbali.pay ilnt0 tltia Mortgagee that ewtiiD proeo~issOry clots, ~ wLtab the fldtOw~ is 1 aubstaat~al OOp,, b wit: - - 133,000.00 - Port St. t.ucie, l~loeida. - January 18 , fig 80 . Fos Vn~.os ~vsq, the unda+sigaed proaLSe(s) b pwr to VANTAGE MOitTGAGE ASSOCAES, INC.: a Plorida Corporation, - - , ti eorporatioa ecgaaistd sad eadstiag aDder the Iaws of . a ordee, the. p:indpal snm of Thi r -three thousand and 00!100 Florida - -----------------------------------------Dollars 33,000. with lnt~e,e.t from date at the nab ~ Eleven and one-half Pm tioatum (21.5 90) pm' aDaum eD the unpaid balance unlit' paid. The said principal and interest sbaU bs pryyabts at the olBoe of Southern Mortgage Associates, Inc. , 1999 SM 27th Avenue - - ;Mi amt Florida , ~ at eue6 other pLa sa the hoiden may e.i~o.~ ~~'r~t~ deiiver+e~ o< mailed to the debtor, is n~eatbly inetaltmente otThree hundred- twentj?-set en b03/ I~ 327.03. ooD~mmcing on the 5rat day of March , i9 and ooDtiauiog oa the first des of each month thereafter untU this note fie fnlty paid. eartsspt that, ~ not aoonec~raid, the Etna! t - oi princtpat sad interest ahaU bs due and payable on the first daj of ~ runny, 201~~ Pritiiege is reserved. b prep~? at any time, without premium or fen tbs entire iadebbdneas or nay part tharsof not leis thaD tM amount of pot jadaHma~t,~or oat Wwdeed dots (=100.00h whioha~ it Ipa, MpaO?a~at is ibg sDaU bt credited oD tht daft rsaived. Iraetid prsptyareat, other tbae os as iodallmcet dui dell, Deed sot be credited uaW tiiE Da~ct tdowlo~ loswlmef~t due date en tlmgt-dgts site: such petpewmsnt, w6kbe~er is eadier.- - - Ii any de6essnay in the pc~m~nt ad nay installment under t~hia rote is not made good prior to tbs dne dab of the L eat such ia~allment~ tbs entire pp~ sum sad. accrued interest shall at onus become dne and pw - able without notice at the option of the b of this nob. Failure b e:a~s this option share not aoa~tnb a waiver of the right to e:ermae the same in the event of nay subsequent default. In the event of defado in the _ payrneat of this note, and it the same i, odleobd by an attorney at Lw;-the nnderaigoed hereby agees(~) b gay aIl poste of oollectioq including a reasoasbis atbrney's tee. - - This nob is iecured by mo c~ag~ss of even date executed by the nndereigned on certain property described Mein and represents money aat~iuauy used for the acquisition of said prnperq or the impro~emeuts thereon. Prnsentment, protest, and notie>A are hereby waived. . - /s/ Roy W. Nri 9ht ~~,3 . ROY M. i~lRI6HT - - jsj Susan A_ ldrigjl~ ~~,1 SUSAN A. WRIGHT - tsar?tl j - - - - And shall du4r, promptly, and fully perform, discharge, execute. effect, ~P~, sad comply with and abide. by each and ever~r the stipulations, agreemeata, eonditioos, sad eovenauta of said promissory note and of this mortgage, then this mortgage and the estate hereby erect ~z~t' ahaII case sad be null and void. The 1ldort~gor further oovenaata ss foilowa: 'f 1. That he will pay the indebtedness, as bereinbefore pe+ovided. -Privilege is reserved to pe~?y at any tune, without premium or fie, the satire indebtedneee or any Past thereof not less than the amount of one ioatallmea;, ear one hundred doliaa (g100.od), whichever is less. Ftepaymeat in ful! dull be eredtted on the date rxceiTed. _Partial PmPay~t, other than on an iustalhnent due date, need apt be credited Volt! the ne~ct tollowiag installment due date or thirty days after such prepay3nent, whidiever is earlier. _ _ _ - - 2. In order more fully to protect the security of this mortgage, the Mortgagor, together with, and in additiorr.to, the monthly payments under the terms of the note secured hereby, on the first dap of each month until the said note is (ugly paid, wiU pay to the Mortgagee, oe trustee, (antler the terms of this Lrust as herein- after stated) the [ollowing awns: (a) A sum equal to the ground recta, if any, neat due, plus the premiums that-will next become due and payable oa pnlicist of 5re sad other hassrd ineuraaee covering the mortgaged property plus Cauca sad amts react dne oa the mortgaged property (all as eati~aosted by the Mortgagee sac{ of which the Mortgagor is realised) less all Bums ahead Paid therefor divided by the number of months to before one month - sums to ~ ~bmM ~ ground e+mta. premiums, t~ce, sad aeaesemeats will beoosne delinquent, by intrnsttapayssidaroundrents,P~m0.t~m,~d~~aaseeemeDta. (b) The aggtgate of the amounts a pursuant to subparagraph (a) sad thou payee oa the note secured ' chill be paid in a sine p~symeat Bch math, b be applied. to the fellOwing items in th' o~ t m ~ r~eats, Cauca, aeeeseakata, sad other ba:ard insurance pnmiuras; - - _ (IT) interest as the note retuned herby; and - (III) aasorti:atioa of the principal of said note. - Any.de5ciency in the amount of such aggregate monthly payment ahaU, unless made good by the Mort- ; gagor prior to the due date o[ the next such payment, oonstrtuts an event of default under.tbia mortgage. At Mortgagee's option, Mortgagor will pay a "Isle charge" not exceeding four percentum (4%) of arty ins_ tall- a, . meat when paid moms than fifteen (153 dais after the due date thereof to cover the extra expense involved in handling delinquent payments, but such `late charge" shell not be payable out of the proceeds of any sale ~ made W satisfy the rnelebtedness secured hereby, unless such proceeds are sufficient to d>acharse the entire indebtedness sad all .proper coats and exprnses secured thereby. 3. 3f the total of the pa}'ruenta made h • the Mortgagor ui3der (s) of paragraplti 3 pr~ec:eding ahaU exceed ~ the-amount of payments actualh mwlP by tie 1liortgage.^, as trustees, for ground rents, taxes:red aaaeffimtinta, and insurance premiums, as the case may be, our-h excess shall be credited on subsequent payments to ba made by the Mortgagor for such items or, at Mortgagee's option, as trustee, stall be refunded to -Mortgagor. If, )..i }towever, s h monthly payments shell not be auflirient to pay such items vrhen the same shill become due ~y and pa able, thin tlse Mortgagor shall pay to the Mortgagee, os ttuaster ,art amount necessary to make rep ~ the def cienry: Such pa~-ment shall be made within thirty- ('30) datsiftl~ten notice from tht Mortgagee t stating the ~?ount of the de~caeacv. which eot~ce moo be oiown M anail_ It at t;.... •r,e u~r,...._.,,.,._ _L