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IW~TQAOtf oiM ~ a~~~O~ D ~ CARLTON Q McCAIN s
f ATTORN[V• AT LAW
rover nawc~, n.owioa
Executed the l6th day of April A. D. 1980 by r
O. P. AGRAWAL and VEENA AGRAWAI,, Ris wife
hereinajter called the mortgagor, to
STUART ICELLER!!AN and EMILY G . XELLER_MAN , his wife
hereinajter Ealled the mortgagee:
1 Whemer used herein the terms "mort`aRoi ' and "mort6asee" include aU the pubes to this instrument asd the 4in,
legal ttpresenuuves and assiRm of iwdiriduals, and the suaessnrs aad assixtn of corporations; and the tors "wore" 3
includes all the notes herein described it more thaw one.)
~~~PSSebt, that for good and valuable considerations, and also in consideration of the aggre-
gate sum named in the promissory note of even date herewith, hereinajter described, the mortgagor here-
by grants, bargains, sells, aliens, remises. conveys and rnnjirnts unto the mortgagee nll the certain land i
of which the mortgagor is rtou, seized and in possession situate in •$alnt Lucie County.
Florida. viz:
Lot 17, Block 524, Section 10, PORT ST. LUCIE
SUBDIVISION, as per plat thereof, on record in
the Public Records of Saint Lucie County,
Florida, Official Records Book 296, Page 1801.
'lie Mortgagors further agree tb pay all tax, assessments, and utilities that
may be levied and assessed against the property herein, st~sequent to the
date hereof, and agree that if the Mortgagor shall fail to keep the property ,
insured or to pay any pranitms or pay ta~a2s, assessments, tar utilities, then -
j the Mortgagee, if it so elects, may pay the samte, and the anotuit so paid shall
be secured by this Mortgage, and repaid with interest by the Mortgagor within, .
fifteen (15) days after the receipt by Mortgagor by written notice thereof.
~ Failure to make such payments shall be deemed a default of the Note secured
hereby in this Mortgage.
~ Hhile this Mortgage and the .Note secured hereby is asstm3ble by a purchaser }
~ frem the Nbrtgagors herein, it is eaver~arited and agreed that such assutption
~ must be approved by the Holder of the Note~and Nbrtgage, applying standard
Nbrtgage practices of f;nanc-;a1 institutions in Saint Lucie Caanty, Florida,
i to any proposed assutption. •
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Mortgagors further aclree to pay, in escrow, to the Mortgagee, on a monthly .
basis, an artlotmt equal to one-twelfth (1/12) of the projected real estate
taxes and one-traplfth (l,/1.2) of hazard insurance, so that there will be
sufficient funds available in the escrow aeoa~nt to pay the same in full as .
f they may-fall due. Mortgagee shall rot be liable to Nbrtgagtars for any
i interest or similar payment to Nbrtagors on said escrow payments.
~iJ
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R~Iwd • In Payment Of Taxer
Duti On Clans "C" Intanflible Personaloroperty,
~urauant To Chsptsr 7t, 134, Acts O~ !9?t,
ROGER POtTRAS
Cltlrst Clreuh Court. St. Lucie. Co., F1r. ,
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