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HomeMy WebLinkAbout0158 S'()'~;~'~9 ~ ~ ORIGINAL REAL ESTATE MORTGAGE vnhtES AND AOORESSES OF All?C~ 1"brta~OrS MORTGAGEE: C.I.T. FINANCIAL SERVICES. Cor"~or~tion :?I~HARD ARLAND DAMES and FRANCIS DAMES aka ADDRESS:301!, SOe FERAL HIC~IWAY FiZAl7CES nAVIES, his wife FORT PIgtCE, FLORIDA 1 Alma Cou=tt 'ort Pierce, Florida ~~~oAN NUMBER OATE owTt nr..~ct c~w[ct ears ro NUMBER OF GATE OUE GATE FIRST PAYMENT wCCtut n 9rNU tNwr overt or pAVMENTS EACH MONTH OUE rurswCtror ' 4`~3!~52'~ 11/11/80 11 /17 80 4B 17th 22 /1~ /f?n ~ nMOUNT OF FIRST AMOVNT OF OTHER GATE FINAL. PAYMENT TOTAE OF PAYMENTS AMOUNT FINANCED j'AYMENT PAYMENTS OUE _ 78. ~ s 108.00 11 X17 s 51 g4. ~ s ~7F, e ~0 THIS MORTGAGE SECURES FUTURE ADVANCES -MAXIMUM OUTSTANDING 550,000.00 Each of the undersigned to secure payment o1 a promissory note of even date from one or more of the above named Mortgagors to the above named Mortgages the above Total of Payments and all other and future obligations of one or more of the above nomad Mortgagors to Mortgagee, the Maximum Outstanding at any :.vzn time not to exceed stated amount above, do hereby grant, bargain, sell and convey to Mortgagee the following described real estate, together with all present ,nv future improvements thereon, situated in Florida, County of .._........_~~.t.!..L1.1C~e._....... 'ihe West 108 feet of Lot 4, Block 2, HOPKINS SUBDIVISION, according to the plat thereof, as recorded in Plat Boo'.•c 3, ?aEe 18, of the Public Records of St. Lucie County, Florida. 1 ~s l r Recervt:d S ' in Payment Oi Ts~tes ~ ~ - ~r~ due On Class "C" intangible Personal PI'pp«~ F`- ' Pursuant To Chapter 71, t34 ~ i .Acts tai 1 S71 SU~2+~ ~ ROGER PORRAg ~-rj~9 ..^.lerk Circuit Court, St. Lucie; Co„ - T - - ~ r I. r p~ If Mortgagor shall fully pay according to its terms the indebtedness hereby secured then this Mortgagee shall become null and void. ! Mortgagor agrees to pay all taxes, liens, assessments, obligations, encumbrances and any charges whatsoever against the above described real estate as they cr_~_.;me due. Mortgagor also agrees to maintain insurance on the above described real estate in such form and account as may be satisfactory to Mortgagee in ~ '."o•tgagee's favor and in default thereof Mortgagee may, but is not obligated to, effect said insurance in Mortgagee's awn name. 1 f Mortgagee makes an expenditure for any tax, lien, assessment, premium, covenant, prior mo: tgage or any charge whatsoever in connection with the above ~ :-sc!~bed real estate, such expenditure shall be due and payable to Mortgagee on demand, shall bear interest at the highest lawful rate if not prohibited by law, shall a i ~zn hereunder ort the above described real estate, ar?d may be enforced and collected in the same manner as the other debt hereby secured. Upon the default in the payment of any portion of the indebtedness hereby secured, or any other default, all obligations of Mortgagor to Mortgagee shall bt- ,+ne due, at the option of Mortgagee, without notice or demand. Each of the undersigned agrees that no extension of time or other variation of any obligatip? secured hereby shall affect his obligations hereunder. Mortgagor and Mortgagor's spouse hereby waive all marital rights, including dower rights, homestead exemption and any other exemptions under Florida law. IN WITNESS WHEREOF, the undersigned has -have set this-her-their) hand Is1 and seal Isif, t an year first above it . ~ - ISeall . 1 W i tnessl I M or tgsgor 1 * ~ ,.f' _./~G~~. 1~ ;:J!'~~ t--1 LC~G7 ~t~l-Ltz_c~'`.~ ISeall I W ~tness) Mortgagor's SDOUSe) ~ -.'c OF FLORIDA / j~ ) r ~ ) SS e I HEREBY CERTIFY, th hi be e m , a oyf~cq~j$uly a orized yr t t ~fp~s Ai tfie County aforesaid to take acknowledgements rri ~IL~~C~d f ~,4.... ~~~~Jf.`..~~-~~..'~y....................... ,hifwif! me known to be the person(s) described in and who executed regoing instrument, t~aY~eknawledged before me that (he-sfse•they) --:•xecuted the same. t r ~ ~ ~ • . WITNESS my hand and official seal in the County and t r this 4: of .w. A.[yf ~j' Ic.Stateof .4.~-._~_.... . ,~~,~p . . J N~~ 7...~... This instrument was prepared b/'"...~~ ...~1 r _ ~ ATE. ~ . ~ ~'/p~n ~ _ _ . COMMISSION EIVIRES AUG. 29 1982 IAddressl lNp tfiRU tP6. tlPbEttWtllERt e -.-'969 ~t-7Ei F11..-RE DO Jh~~~ f~r J`