HomeMy WebLinkAbout0920 • _ _ _ _ _
~I -
• ~ ~ rt ~ ti
W the tame, togellte? with the lenemersfs. heredilamewfs and appurte-
nances thereto belonging, and the rents. issues and profits !hereof, unto Ihs mortgagee, in fee simple.
~ilf~ the mortgagor rnvenanls with the mortgages !ha! the mortgago? to indeJea,ib[y seized of said
land in fee simple; that the mortgagor has good right and lawful authority to convey :aid land. as of
ore-
said: the! the mortgagor will make such /urthsr assurances !o perfect the lee simple title to said land in the
mortgagee as may ?easonnbly bs required: that the mortgagrr hereby /ully wan+a?Ita the title to said lnnd
and will defend the same against the lawful claims of all persona whomsoever: and that said land is lee
and clear of all encumbronces exeCept that certain First Mortgage executed by
' Raymond B.VanMeerten and Lon F. Parsons to Lawrence F.Morris
and-Ethel M. Morris his wife dated October 31,1978 and recorded
in O.R.Book 297 at Page 222 of the Public Records of St. Lucie
County, Florida in the original principal amount of $11,500.00.
ALSO EXCEPT that certain Second Mortgage executed by Lon F.
Parsons in favor of Raymond B. VanMeerten dated February 1,
1979 and recorded in O.R.Book 303, at Page X050 of the Public
Records of St.Lucie County, Florida in the original principal
amount of $4,436.24.
•-~=r
• ~~~td(d ~lU~lJSr that t f said mortgagor ahaU •pat~ti u~ said mortgages the certain promia-
sory Hole hereinafter substantially rnpied or identified, to-wit: ~ , u~ '
t
t
r.-e•, f4. (?n.c~•t 1.r•OM M•~~'ty 1•d•era••rr•Mt•r•ar t•d•d•dl 6EMINOLE FORM ~7
Mortgage Note -
a8, 50.0..00. Fort Pierce . c+,rica September 13 f9 79
FOR VALUE RECEIVED t! a u~Gers.yne: promaes tc pay to rF.e order of
I,ON F . PARSONS
Twenty Eight Thousand Five Hundred and No/One-Hundredths ,o;,ir;
r-_ pnnc+pal wm of. _ -
!~ger-.er wdh interest Ihe.eon at the rale,ftwelve per cent per annum from this date -
r t matunty, both principal snd interest being payable ,n lawful Money of tlt~ Umred States, such p?inc~pal sum an'! .r•cre;• ~a+ab+e ~n :ns'aaments as fc+:o..;
36J equal monthly payments of $293.16 with the first payment to commence on
'i October 13,1979 and a like sum on the corresponding day of each like succeedin
!;period thereafter until the entire principal balance is paid in fu1l.The terms
~~of this Note are fully subject to the Rider to the Mortgage securing this Note:;
:ymaking this a Wraparound Mortgage Note.Any prepayment shall first be applied ~
Ito the first mortgage and note and thereafter the second mortgage and note ands -
~'after th se~notes are atisfied the FFemaini bbat1 nce shhall bbe a d t the '
molder o~ this Note.A ate payment charge o~g$1.0$ per day shalg ~e a~ded to I
each installment remaining unpaid 5 days after it is due.
Such installment payments shall be applied first fo the interest accrwrt9 under the terms of this note snd tlsen to a reduction of the principal indebtedness.
The makers and endorsers of this noteiu?sher agree to wane demand, nonce of non-payment and potent. and m the event suit shat! be brought for the
! . _ c•~c^ hereof, or the same has to be collected upon demand of an attorney, to pay reasonable attorney's tees for making such collection All payments he.e- - '
I I
:hall bear tnseresr at the rate of tWe,l~~cenl per annum from rrarunty unfrl paid. This note is secured by a morrga9e of even dare herewah anC ~s to
' ce ;-;ostrued and e~•forced according to the laws of the State of Florida, t,pon default in the payment of pr,nc:pai and: or interest when due, the whole sum of
ojI and mre.est remaroir.9 unpaid shall, at the option of the holders, txcome imm;diately due and payable. Failure to eae.use this option shall not ccnshtute
> + •Cr of the right to eaerase the same in the event of wbsequenr eefauh
~ya_1e at 7.02-.Atlantic Avenue LS Timothyy F. uiroz- sE~~;
Fort Pierce,Florida 33450 T~MOTHY F. QU~ROZ
_ ....SEAL -
i
SEAL?
SJ!h other place as shall be ~ ~ -
.es.~~ared by the holds of the
s "~•e m carding. 'SEAL.
a _
rs
oR s 9~g•H
~ 3 3
f,~-F.ec~?~ ao~X316 ~a~E22gg -
_ _ ~g~ ~ _ _
t„-....x ~ _ 3 ~ ~7!~`..~ ~ g ~ t ~I a~~sd`
~'S~l scv=s~a.T i:~_ c~aaf''IL
~~~-i, s