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TLe Mostgagor hereby, ooveaants with the M hs it inddeaai aeimd of said Lnd is lee
or such otbsr estats~ d tiglr as is stated Deraino tbst i~ ~?tull 4? t. to ooov tbo sw~
adii yid; thsLod ~s Lisa from all wauobnaoae except es ; that eaid~wt~ot
wilt retake ~
~
~w~s~o~s to p+ove tbs ata~rid title _b +~id ~ wd r. mV b~ rwonr~
rsq~ired, r does hwby . wart+sst tars tills ae st~~i~sees per.,
ddettd 1hs e~ e~rt~lpwtt~ ~si~lst Psrsw : : : - =
~ 1a ALw11t~f'tltst~~i[ the Mett~ot sMta-pp? ut~ t4e Meets that aset~ais OTy a0tf, of
wLio6't4s fotlowisa ii ~ ~asiisl ~Pt wig: - : ~ . s : , ; " .
i 46,000.00 ~ -Port St. LucidlNoeida.
February 1 , lp 80.
Fva Vows Asosrvsq, ttia rmaees proa~ieeW to paj to VANTAGE MORTGAG$ ASSOCIATES,
iNC., a Florida Corporat on .
a oe~p~nised and under the
laws cE - Florida . a order, the priaeipal asm dForty-six thousand and----
00/100-----------------------------~oiWs 46.000.00 with intaeet from date ut
tbs noted Eleven and one-half per oeatum (11.9°XoJ per aaanm oa the oiapwid bahnes mtit pad..
The said principal sad inteewR shaIl be plrsble d the alBee dVantage ldortgage Associates, Inc. ,
317 I+4inorca Avenue, -
ia Coral Gables . or st aueD othe<1?~ ata ~ odder mr~? ~ ~ ~~i
detivee~ed a mailed to the debtor, is monthly iadallmeats of ~ la>ndred .fifty-five i86/100 Donau -
4 5 5.86 ~ ~ SraR ~U? d lyarch , ~ 8 0 , eontinuio~ ~ ~
fast dad of each math ther~ealter unts7 this note is lolly paid, eaooept that„ ii not sooner paid, the 8na1 pwment
of prinapal and interest shall be due sad payable on the Srst dy? at - ,
PelviY~a ie reseered to pre st say time, witlwnt premium or fee, the e~tus 2o0rlaOgy par0
tlread set ~ tisa w aerowt ioltiiY~reat, of ore Masd~e~l aon.n filtiM.oo). whkisste isttst~°trepsre.irta tai
eta8 a credited oa tM ate reosi~i,.Titttial pabynA.at, oth~e tluip oa aa:isata~amt ise oats; a~ wt,b~ aedlted antil
the aaY; toilowL~ loa~peet.dna date oc tb4ity-.days sttec apsb prepgrme4t; ~ ls.aeiieo~. , .
' Yl ~ in fifes t oI auk - Hader thin sots i< t aside ' ~ - ~
pa,~me~ e!4od prior to the doe datp
d the neap soch t, the entire " sum sad- aocroed int~eesst ` at~anos ,d_
~s.~ad
soar wif8ost notice sti tDs opdoh o[ the 'oi this Hofer ' Fsilnre~to . this not is
a wairer of the right to e~a¦e the sans in the event of any wbsequent default: Inevent of detaarlt in the
payment of this note, Band )i the same is oolleeted by as attorney at bw, the n®denaaoed hersb~ siiss(e) to
pay an scats d oo~ll~eetion, iaeluding s res.oaable aeteene,'. Tea.
This note is bi abed sea ante executed by tha nnde~aed on eaet~ie property described
Mein aaa rspr+esents moue, ac used for the acquisition of eeid property or the imps+oemeats thereon.
Resentment, protest, and notice are hereby waived. • _ _ _ ~ ,+1
Rodney G Bembry -
RODNEY G. BURY
Ls•1 Patrice; ~nn_Be~nbry ,:l~t~
PATRICIA ANN BBMBRY . ~ ~ . - =1- - -
- [~?ti]
[~.l
And shall daily, pmrz?ptly, and tnDy pertoraa, disehsrbe, execute, eQect, oompkae, sad comply with and abide
by each and ever~r the stipulations, agreeanM ooaditioap, and eoveaaats of raid promissory note and of this
mort~e, then ihs mortgage sad the estate ae+eated shall cease sad be nuII and sroid.
The Mortgagor further eonrooanta as follows:
2. That he wr71 pay the indebtedness, as hereinbefo~+e pemided. Pri~t{epe 'r reserved to pebpay at any time,
without pnrl?itmn or fee, the entire indebtedness or say part thereof sot less than the amount d one installment, a
oar hundred dollars (=100.00), whicberer is leas ~ ~ ;luY s6aq be credited on the date received. Partial
pr+ep~rmeat, otl~r then oa an igdailment dun date, need act be credited ~m~ foe next followia` ia:Wimeat due date or
thirty days after such prepayment, whichever is earlier.
2. In order more fully to protect the security of this mortgage, the Mortgagor, together with,-sad in
addition to, the monthly payn?enta under the terms of the note secured hereby on the first day of each month
until file said note is fully plod, will pay to the Mortgagee, as trustee, (under t~e terms of this trust as herein-
after stated) the following awns:
` (a) A sum ec)nal to the p+ouad Teats, if say, next doe, pins the premiuans that wdi next become due sad payable
0o potties d Ere sad other hasard insurance ooveruaa the property plus taus sad aaeee~nents
next due ao the mortgaged property (all as estimated bysl~ortaa6ee and of which the Mortgagor is
aotiSed) kes ail sums alreadlr paid thmdor divided by the number of months to betor+e oar month
prior to the date woes su ground Trots, premiums, taxer, and aeseeenoeats . tieoo®ne delinggeat,
aneh ams to be bald b7 >![ort;,a6eeintrwttopaysaidgroundra?taPreaniums,taroes,aadspecialasseeemeats.
(b) The ag~+e6,ate d the amounts pnrsaaat to subparagraph (s) and those ppaa on the note seeue+ed
bd, shaD bs paid is a si ~a payment each maoth, to be applied. to the f~ items is the order
m ~ ta:ee~ sad other basard insurance premiums;
(In intareet on the note secured hereby; sad
(un amastisation d the principal d acid note. coo c 489 P~~E 181
Any.deficiency is the amount of such aggregate monthly payment stall, unless aiada good b~? the MorF
ga~or prpr to the due date o[ the next such payment, comtatute an event of default under this mortgage
A M rtgagee's option, Mortgagor will pay a "late eLarge" not ezoeediag tour pee eentum (4%) of any inst~all-
meat when paid more tLaa fifteen (lb) datgs after the due date thereof to oovu the extra expense involved in
handling d aquent Ra nts, but such late charge shall not be payable out of the pe+oce~s o! any sale
mach to satisfy the Madness secured hereby, uaiess such proceeds an su~cieat to ducharg+e the eatiro
indebtedness sad all proper oasts sad expenses secured thereby. L,.,,,,.,
3. 1f the total of-the pa~~nenis made h • the Mortgagor under.(a) of paragraph 2 precedi , ibi~ll.:,.- '
the amount o[ pavmenta actually made by t~ Mortgatpte, as trustee, for ground rents, taxes an ;
and insurance premiwiuf, u the case may be, such excess shall be credited on subsequent paym a toe,. ~
by the Mortgagor for such items or, at Mortgagee's option, u trustee, shall be nfunded'tojMartgagalf:`'`~f~;
however, such -monthly payrr+ents shall not l~ auflicient to pay such items when the soma shaiE'bebosYie`dite {
and pa
yy~abk, then the Mortgagor shall pay to the Mort~ec, as trustee, any unount necesesr~r to inside etp
' i<_ -i_C_2___.. Q.:~l. ..-.......s -611 mst?a ri,tiin f.i~irti kit! Ia~~iYfer mrifbn nn,in~ frram t ~ arnr,saa.. l~