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The Mortgagor be~rsb~ oovenaaq with the M rtga~e~ Wet he i. ilSiw~t se~ t~ land in fee
~1e orsuch other estatsR >t aq~ as ie stated hs~+siina ttiet hs bas IuU power sad b ul rKht to oonve the same
~i ~~i'~orwid; tia~i tb?e 4a! is L+ss ~ro~? ~?it epoumbtasoes e~cas{K as 6ei+sin otl;erwiss rsdtsd; that aid~o~rtrab+o~
wiS ~ cash asseseaaoss to pe+oTe tie afatwaid, t)t~ b ss;d land iq wd b+toet8agse ere aylc b~ xwoar
~i4d~~~ Mid Tr dogs ` pseeaai i~ title •o said ~ sad r!ae7 psei tirsreot, ~ ~
t~ ~ lNo~. lawiui,.elaur.at.sA der.. }
~>~SO~ruras, Jbwattr ~ it the btort~sgoe ~ psi tsnrts lily ~t`apa tbaR eseglq.pe+atoisNOry ~ at
i Fort Pierc® , Fbeids.
F`ebruasy $ .1980 .
Foa VaLVS Rsc~mraay tbs nndsesiosed prossiss(i) to py to VANTAG$ MORTGAGE ASSOCIATES,
INC., a Florida Corporation
. a eoepoeation aeganised ssrd ea3stiag uadee the
laws at Florida , a aedsr, the peiaaipal scan d $ighty thousand and 00/lOQ
----------------------------------~oliaea 80,000.00 with istm~est from dots
tbs nrte d Eleven and one-half pet oentam C11.59fe1 pee swrum as? the aopaid balance until paid.
The said peineipal.aad interest sbs8 b. pgrable at the office o[ Vantage Mortgage Associates,
Inc., 317 Minorca Avenue,,
in Coral Gables, Florida , or at such otb~r place sr the balder assay dee~gnate io writing
de6vee+ed ere marled to the debtor, is monthly iastallmeats d Sew >~ue'ed>:+ed s 80/lOmoi4n
(9 792.80 err ~ lint d+V d Mareb , 1p80 , ~ eontin~tg m the {
Seat ds~ of each month tlree+estter ants this note is ~'paid, esosp~t that, i< sot soooee paid, the Seal ptyrment
of prinmpel sad wteeest sbaU be due and psyeWs on the Btst day at February ~ 2010.
Ptivilsge i. resect?sd to ~ say time, without premums or tea tbs entire indebtedness or aq~ past
~...er ~ tlud tin a¦soswt- of one sat, as o~ M~a~M dolsss (=100.00). wAkMeet r Mss Ixepsyaat Y tall
sAeil M eerdibsd m alts date rsatnd. Metal preps~+wawrt, oiits~ israr as ail io~i:n'vo: w..: ~ _:.:0
the siea~t taiowl.O l~sfsOnstat dw Bete. oc titief~ days e[ae sneh peepe~sasnt, wltieMwe r sseliar. .
ii aa~ deSaienay in t~6s p~y~meat d auar insteDment nndee tLis note is not made good price to tbs due date
at the nest sacs ia~alimetlt~ tiro e~atire pp sum ind accrued interact shall at once become due sad pa~-
abie without notice at tbeoption of tba Loki this note. Fa31m+s td ea~ee+oiss fps sba$ not
a wsivee.d tbs s1Sht to eMrcise tLs same in the avast of soy wbssquent defwlt Inevent e# default in the
pa~i d.this cote, sad ii tl:s same ~ end ~ m slteardsy at hw, tbs mtdet+signed bersb~ age+es(s) io
pal a8 costs of oollsotioa, includini a reasonable attaraay's fee.
This note is iseuted bF psg!s o~f even date eseeuted ~ the ~dess~ted oea eeetain pe+opeety described
therein and represents mo~nsl~k~ua41 used for the acquisition d said propect~ or tLs imps+ovemenis tber+eoo.
Px+eses<tmeat, protest, sad not3cs ass hereby waived.
/s~ Donald Adkins
DONALD B. ADRINS
1s/ Darlene A. Adkins
DARLSNB A. ADRINS
[es~?L]
.
And shall duly, ptemPtly. and fnDy Paiaras, discharge, ~u~, d~~, ~p~, sad comply with and abide
by e~r]r sad e~ the tiipulatiaas, a®neementi, oonditioos, sad ooveaaats d said p~n~eeory note sad d this
mortgage, then tbrs m4rtdage~ and the estate bet~sby created shall cease sad be nnII sad void.
The Moet~goe fatlber r. follo~n; ' ~ - , -
1. That bs will pjr.tbs indebtedness, a bei+einbdat+e provided. phnivi7e®ers reserved to pe~epy? at say time,
witboat premium or fee, the entire indebtedness a say part thereof not lees t~ban the amount at ooe insRallmeat, or
ooe haadred dollaa (;100:00), whkhe~er u tear. hepaymeat io tnH shall be aa~ted oa the date rewired. T~trtial
prepe~rareat, other flan ea aD imt~eat due date, aced sot be aedited a4tii fhe nest folbwiag iada0akat due date or
thirty days suet sues peepaymeat, wMehe~r is earlier.
2. In order more tally to protect the security of this mortgage, the Mo ~gag~r, together with ~ cad in
addition to, the montiuyy payments underLne terms o; tie cote secs d hereby :m_ ~ht
a f:raz day of a rocs:!-h
until the said note is lnDy pakl, will pay to the Mortgagee, as trustee, (under t~re terms of this trust as herein-
after stated) the Iolbwu~g sums: .
(a) A cam egnal to the grarad rants, it any, oast due, plw the Premiums that wr~l Heil become due and Payer
on theme and other baaard imirrn~e earering the peopertF plan ta~oes sad aseeaemeats
~ ~ rr~gaged property (all as eetrmsted b~ the ~oit~es aa~ d which the Mortar is
to tbs date when aue~6 ~ tbetdor divided by the nnmbee d months to lapse before sae month
such snar to bs bald b7 Martgaintewtta'o M~iaid~~ teaoes~, sad assessments ww~~ lteeome ddiaqueat,
(b) The d the amona~ icy 6~~~,P,~~,andspeeialastesements.
~+~tte pnnusnt to sbbparasrap6 (a) sad those m the note seoiu+ed
My~by, shall bs paid ~ a psymeist each month, to bs applied to tbs fi~~ items is the oe+dee
m ~ +~w, a~ other bard iawrriwoe premiums;
(IIj iateeest as the note seared bereb~; and -
(III) :mastisatioa d the peiacipal d said note.
Any,deScisnay in tbs aa3ount of sncba~emresata monthly payment shaD, udese made ~d bar the Mom
gag_ar Prgr to the dne date of -the next eell~~ pa__ymeat, consulate an event of default under tbrs mo
At Mortgagee's option, Mortgagor will pay a ..late chsrg~s•, sot earoseding four per centum (4°~) of any u~
ment when paid more than Sf
-tees (lb) daiys after the.due date thered to ao~er the eectrf? axpeose involved in
~ !M ~ palmen~dts~but such `late charge" shall not bs payable ouL of the pr+o~ceeds of any sale
tarty itrdeb secured hereby, unless sucL proceeds ors meat to disd~arg~e the entire
indebtedness sad all proper costs and expenses secured thereby. .
3. If the total of the Hants made b • the Mort .s'
pa3'r y gagor under (a) of ~J
the amount of p~vments actually made by the Mortgagee as trustee for paragrspl~ 2 p iMsil:etesed~s
. ground rents, taxes . »
sad insurance premiums, m the case may be, such excess stall be credited on subsequent zobq~
by the Mortgagor for such items or, at Mortgagee's option, as trwtee, shall be ref
however, such month~y~ payments shall not br sufficient to par such iteans when the a~
sad ppaay,yasble, then the Mortgagor shall pav to the Mortgagee, is trustee, at?v amount n .M make rep
the tleTiciency. Such payment al~all be made within thirty ~(3~Q~;elpy~~ter written notice from Mortgagee
at.. ~`.......i .ti.~ .r.I:..:...,s .rl.:..h nnti,•~ trs~ hw ~,~~n M merit t~ .t_ ~i_-~__ -