HomeMy WebLinkAbout0468 4~~3~ ~ r VNHEN RECORDED RETURN TO>. '3~
HATCH~a FENSTER, ATTORNEYS
• 8T51 W. Broward blvd.,
~ FILE ~ ~ ~ ~
' executed ..$.EtQ'~);MBER..~.`~ 19.. And
ANTHONY J. TRAPANI AND JUDY TRAPANI,HIS WIFE
- OZARR FINANCIAL CORPORATION A'~1D/OR ASSIGNS
relerred to here as "Mortgagor', to .
a Florida corporation, having it's` principal offices at fort Lauderdale Florida, relerred to here as "Mortgagee".
The terms "Mortgago?'Pand "Mortgagee" include all parties to this instrument end heirs, legal representatives
and assigns of individuals and rnrporations; and the term "note" includes all notes described here even if
more than one.
~ ~~tW~ ~~riB~Pr~~B and also in rnnsideration for the sum
named in the Promissory Note of even date with this mortgage, described here, Mortgagor does grant, bargain,
sell and convey to Mortgagee, in fee simple, that certain tract of land which Mortgagor is now the legal owner
and in actual possession, situated in .....S.T..LU~CIE
County, State of Florida, described as lollows:
THE .WEST 74 FEET OF LOT 7 AND THE EAST 26 FEET OF LOT 8,
BLOCK "A" OF RIVER'S EDGE SUBDIVISION AS RECORDED IN -
PLAT BOOK 11, PAGE 21~0F THE PUBLIC RECORDS OF S_T. LUCIE
COUNTY, FLORIDA.
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~ PIp1iY>1MT TO fdRPTF.O TI=i'Ar IIt;Tti Of till. '
ttOPER POITMti _ _ _ _ _ ~
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THE MORTGAGORS DO NOT INTEND OR EXPECT TO PAY, NOR DOES THE
HOLDER HEREOF INTEND OR EXPECT TO CHARGE, ACCEPT OR COLLECT
ANY INTEREST GREATER THAN THE HIGHEST LEGAL RATE OF INTEREST
WHICH MAY BE CHARGED UNDER THE LAWS OF THE STATE OF FLORIDA.
SHOULD THE ACCELERATION HEREOF OR ANY CHARGES MADE HEREUNDER
RESULT IN THE COMPUTATION OR EARNINGS OF INTERBS'T I'N EXCESS
OF SUCH LEGAL RATE, ANY AND ALL SUCH EXCESS SHALL BE AND
{ ~ THE SAME IS HEREBY WAIVED BY THE HOLDER HEREOF, AND ANY SUCH
p! EXCESS SHALL BE CREDITED BY THE HOLDER TO THE BALANCE HEREOF
N.B. PRINCIPAL AMOUNT OF THIS MORTGAGE IS $ 27,500.00
together with all structures and improvements and personal property now on the land or placed on the land
alter this date together with all attached /fixtures, tenements, hereditaments, easements and appurtenances
belonging to the pjoperty or in any way relating and the rents and profits of it all the estate, right, tide and
~ interest and all claims and demands of whatever -.kind, of Mortgagor to the property and every part and parcel _
~ of it, and all fixtures now attached or that may become attached in the luture used in connection with the ~
premises described including all household appliances which shall be deemed to be lixtures and a part of the
real estate and a portion of the security for the indebtedness mentioned here.
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(~jt ~ttUQ. ~ ~ ~D~ the same, together with tenements, hereditaments and appurtenances
unto mortgagee, it's successors, and assigns, in fee simple.
~~ir agrees with mortgagee, it's successors, legal representatives and assigns that Mortgagor "
is indefeasibly seised of the real property in fee simple and that Mortgagor has full and lawful right to convey
~ the- real property in fee simple; and that the real Property is tree from all encumbrances and that Mortgagor
~ will take such lurther action as is necessary to protect the lee simple title of the real property in mortgagee,
~ it's successors, legal representatives and assigns, as may be reasonably required; that said Mortgagor does luny
~ warrant the title to the real property and will delend is against lawful claims of all persons whom ever. ~
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- s~ 338 P~ 4~7
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