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HomeMy WebLinkAbout0960 7 j f • . ; ; ~ 504'733 TO HAVE ANO TO HOLD the said property, with said buildings, improvements, fixtures, appurten- ances, apparatus and equipment, and with all the rights and privileges thereunto belonging unto said mortgagee forever, for the uses herein set forth, free from all rights and benefits under the homestead exemption and valuation laws of an _st to whi4.h~aid rights ,end t~enefits said Mortgagor does hereby release and waive. ~ ~~~~~Il'lIMl~L~1~A1M, ~ ~P 24 ~ i~: ~ 8 _ ~ pp~~ TO SECURE - _ - l ~ ~ , . - ° ERII pRCIl11 COURT (1) the payment of a nob executed by the Mortgagor b ti+e order of the Mort~L~Obie~nlrg~-even I dab herewith in the principal sum of One Hundred Twenty Eight Thousand and no/100------ Dollars } (S 128,000.00 which note, together with interest thereon as therein provided is payableJii( ~ as fo lows - One Hundred Twenty Eight Thousand and no/100--------.pillars (S 128,000.04 °nOn~g ~e 14th _ ~y of February 19 82 , whi kith interest payable mQnthly,beginnin~ Fei~rYary 15,,1981 payments are to be app ied, first, to interest, an the ante to pnnc~pal until said indebtedness is paid in full. (2) any advances made by the Mortgagee to the Mortgagor, or his successor in title, for any pur- pose, at any time before the release and cancellation of this mortgage, but at no time shall this mortgage secure advances on account of said original note together with such additional advances in a sum in ex- cess of _ One Hundred Twenty Eight Thousand and no/100--------------------- Dollars (E 128,OOO.OQ____), provided that nothing herein contained shall be considered as limiting the amounts that shall be secured hereby when advanced to protect the security or in accordance with covenants contained in the Mortgage. i (3) all the covenants and obligations of the Mortgagor to the Mortgagee, as contained in a supple- ~ mental agreement dated, executed and delivered concurrently herewith and reference is hereby made to said note and supplemental agreement for the full terms and conditions thereof, and the same are hereby incorporated herein as fully as if written out verbatim herein, and recorded, pursuant to 695.02, Florida _ _ i Statutes, in Official Record Book_ ~ 82 pages?~46--, of the public records of_ _ St. Lucie County _ _ ,Florida. . !n this instrument the singular shall include the plural and the masculine shall include the feminine and neuter. All rights and obligations under this mortgage shall extend to and be binding upon the res- pective heirs, executors, administrators, successors and assigns of the Mortgagor and Mortgagee. IN WITNESS WHEREOF, we have hereunto set our hands and seals, this 15th _ day of ~i September , A. D. 19 80 ' i f - I Horizons Unlimited of Vero Beach, Inc., a Fiortda ; . Si red seal nil delivered . in tthe pr ce of: Corporat ion<<E.i` . . ~ - • ~ ,.r . ~ 4~ . a A. i t _ .~I') • Lo i s Schl i tt, Secretary "s ~ ~ - L' - •i s ,a (WITNESSES) (MORTGAGOR) STATE OF FLORIDA .AUNTY OF INDIAN RIVER - ! HEP•EBY CERTIFY, that on thi's 15th da}• of September 19 80 , before me personally appeared. Katherine A. Schlitt----------------- and Louis Schlitt------------- respectively President and i Secretary of Horizons Unlimited of Vero Beach, Inc. , a Florida Corporation, to me known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the execution I thereof to be their free act and deed as such officers for the uses and purposes therein mentioned; and that they affixed thereto the official seal of said corporation and said ins"tr•tknent i s the act and deed of said corporation. _ WITNESS ~ritf,'of f i c i a 1 sea t a t Vero Beach said county and st~a . _ .fl Q ~i ! .r q ~ . , t ~r ~ Notary Public, in and for State and County Oa f`t My cometi ss io ~ pmm~'s°~ ~ r~ February 22, 1984 b00x~ PAGE ~ ~