HomeMy WebLinkAbout0022 ' PREPARED 8Y: ~ /
SC13'7'?'9 . H. Lee Dehner
3x101 Bee Rdige Road
Suite 5A
Sarasota, Florida 33583
REAL ESTATE MORTiGAGE
BY THIS MORTGAGE •
MARILYN N. GRIFFIN
herein called Mortgagor, inconsideration of the'sum stated in the promissory note copied below, mortgages to
BERT L. MURPHY, JR. _
herein called Mortgagee, the following real property in St. Lucie County, Florida:
Lot 37, Block A, MARAVILLA ESTATES, according
to the plat thereof, as recorded in Plat Book
8 at Page 77 of the public records of St. Lucie ~ -
County, Florida.
THIS IS A SECOND PURCHASE MONEY MORTGAGE
~ ~ Received s Z!'O In P
I ~ - - - - - - _ aYment Ot Tang
. ~ - - ~ Oue On Class "C" Intangible Personal oropsrty,
i
c~ - ^ ~ pursuant To Cha ter 71. 134 Act !
• ' 1 ~ "/f !a Sit :tip ~ P ! O+ 9?
t.~
- u t ~ ~ ; ROGER POITRAS ~ .
~ ~ ~ ( u ~ ~ :.ce.s Circuit Court. St. Lucie, Co., Fli.
_ - ~ - i - - -
WITH any easements appurtenant to it, improvements now or hereafter on it, fixtures attached to it, and any reversion,
remainder, rents ~d profits of it as seacrity for payment of the promissory note copied below:
- - ;
' PROMfSSORY NOTE
a
310,~000_.00~- .October 15 r
- Sarasota, Florida
- -
FOR VALUI•: RF:CE1Vl:D, the undc•rsitncYl jointly and se~ve•rally, promise to psy to tltu order of
- . - - - 1519.-C1.areer..t'x~eek..il>`iye...~nit..].52...
BERT L. M[IRPHY, JR. /Sarasota,. Florida 33581, or at
~ s "p axe--as lder-iiiay desic~iate in tinting,
the principal sum of TEN-1HOUSAND _ anal~xx~c~ncxxxycxxxxxnxxxxtacx~acxlncxr~anoc~ac
- DoUan
with interest at the rate of 12X per annum cosritencing one year from date hereof with
~ payable: Quarterly interest payments of interest only in the amount of $300.00 payable on
January 15, 1982, April 15, 1982, July 15, 1982 and October 15, 1982 and thereafter the
principal sum of $10,000.00-together with interest thereon from October 15, 1982 at the rate i
of 12X per annum until maturity in installments of $162.53 on the 15th day of each aanth
' beginning November 15, 1982. - ,
~ the ~a ment.~c to continue until the entire amount is
1 Y paid, ~ h payment being applied first to interest and the
remainder, if any, tr, prittc•ipal at the plaer the holcler clc•si~ttatr4. Thy I~rinciµ~l or any part of it tnsy be prepaid {
at any time with interest to clat~ of payment only. It any Imyment of intere,t nr principal is not made within
30 days after it is dtie, the entire principal becomes due without-notice. Failure to accelerate does not waive the
I right to do eo on any subsequent default. Un a default in payment all persr,ns liable hereon jointly and stn?erally
waive protest and agree to pay all expenses of collection with rcasonal,le attorney's fees including appellate pro-
( oesdings. The holder may forbear to enforce defaults attcl may extencl the time of any payment without twtice
and without discharging or aBecting the liability of any Ix•t'sou liablr hereon. ~ +f
E ~ S
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r - r`... _
- Marilyn H. iffin
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B~K J`t~ PAGE '
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