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HomeMy WebLinkAbout1470MORTGAGE ~REDITOR•SECURED PARTY IN~E wNO ~ooRESS1 ~lazer Financfal Services~ Inc. 25n6 S. Federal Nwy. -t. Pierce, Fl 33450 +GGOUNT S c Va ~ ure.we ~~ a wu. Cp. ~_ iS~ h~u( f~AfT YIOpL[ IN111AL f1AfT N~Y( !~rummond Kenneth L ,~W[ET ApQM~ ~'„ 4?OQ hfatania Ave.. : r . gTwTE 1~• (1i LO~N . 1 0, 239.02 51S0:3~' ~~ ~~i J1N 27 P.~ i= S8 Fllf 0 thC f~ CU'r;rt 0 S~GF 0 7RASa. CIEkK C1.4,CU;r cc,~fir ~' ri~:^:`ti :•F =•n .• . ~ ~- 51503'~ In eons~d~.~iw~ of ~ Iosn to tA~ undusiqnW Customer-pebtorlsl widenced by s Non of tAK dsa a Wscrib~d and ~d~ntifi~d above, rM und~rsign~d Custom~r-O~btorlsl Iw~by mo-tqsqNsl ro rM Ged~~or the -~N prop~.ty in _ ____ ____ Countv. F~ond~, dnenb~d at follows: • Lot 9, 81ock 5, Sunny Acres Sub-division, according to the Plat Ebok thereof,~as recorded in Plat Eiook S, paqe 25 of tbe Public Record of St. Lucie County, Florida Property Address: 1204 North 25th St. Ft. Piercef FL 33450 , ' . _. ~ - - .-' • -. • - - i ::. - ~~ i . . ~ , , -- i ~ ~ . in PaY~^~ ~~ T~ ~ ~ P+roP~t~Y Du~ ~ ~ ~• ~71. ~ ~ ~~• Pw,~To ~ lORµs ~" ~ ~~ c~.. ~ ~ q~ C~ ~~ ~ t~ _ ThK Mortgsg~ n q~ven as s~cunty to+ rM pa~rment of iAe ~oan above deunbed and aU renewsls, ~u~ure loans. and advsncas msd~ ~.om The Cr~tor to ~he Cusromp•Qrbtori=1 not eaceed~nq a maY~mum pnnt~pa~ arr.ount of 550.000.00. p~us mrerest cMreon, and any d~sDursemenrs msd~ ior ~h~ p~yrnent ot taxes, ass~ssments, teves, o. ~nsurence on rne wotse~ty cove.ed by che ~~en, w~rh incerest o~ wch d~sbunemtnrs. and iM ~ustom~r-Debcwlsl agree~sl- 1. To nwk~ all payments reou,rad by •he descnbed Note and any renewals. ~uture !oans, o~ nota secured br ~~n Mongaq~, wh~n dw. 2. To k«p s11 budd~ngs sitwtcd now o. erecced Mrphe. o~ che desc.,bed rea~ estate ~nsured aga~~sc qsmao~ by fire and hghtning st I~sst ie the wm sxur~d py this Mprtgs~. If the Cus[omer-Oebto.ls~ sAs11 no~ do so, tha Cred~tor may do so withput vraiv~ng ~Ae option to ~oreelos~, snd [he rnst tM.wf shsll a~so bs sccured by th~s McwTgag~. I( any sum bacomes pay~bM under wch po~~cv, t1+~ Gedito~ may apply it to tht ~ndeGtedewss secured by th~s Mwcgsq~, o~ mar p~.m~t ~M Custome~-pebto.lsl co use ~t }or otAe~ purpos~s, without ~mpM~ing ch~ Iien of [h~s Morsgag~. 3: To pay sll expense~, inctud~ng rNSOnsb1~ atrorney's f~, reasa+splv ~ncurr~d by cAe Geditor becaus~ of failun ot the Custwn~r•Debtorls) to comply w~[h sny note w agre~me~t secured by M~s Mongage_ 1. 11 anv p~ymen[ pov,dW fw in s note seeured by [An Mwtgsq~ ~s not pad when wch paym~nc becortrs due. or if anY ayreernen~ :n chis Mortgag~ is brwthad, tM unpMd bar~nc~s of all ~ndebteCnett s~wred by this Mo.[g~g~ shall b~cpm~ ~mrtNdiatNY dw at tM optio~ ot rAe Geditor, less only sueh endin and nfu~ds as may ~hee b~ dw Cwtome+-O~btorlsl, and th~ Creditw may for~do~ this Mort~ ~n tAe ~nr povidW by law, snd htw the mo~tqsged prope~ty sold to sat~sfy o~ app1Y on the ind~btedness Aer~by s~CUrW. 5. The renn and profin of ~h~ dwcnbW ns~ ntate a~e also M.ebv mo.tqsqaa, ae~ d proceedinqi co tonelof~ Mis Mortysg~ shsll be ~nsu~ut~d, the court hsv~ag ~urisdicrioe rhenol may spparnt a.ee~iver of fh~ rno.tq~y~d propKty, and apply tAos~ neq and profits to rh~ indept~dnyt Iw~by s~cured, req~rdless of th~ wlr~ney of che Custorr~-Debtwls) or tM atfsouseN o~ N~ s~curity. B. Any defsulc ~n tIN p~yrnant of a lien or mortq~g~ to which tAis Mortqaq~ may b~ subject sf+sll b~, at Cr~ditoi s opuon, for sll pu.pos~s considered a d~(~ult he•eunder. . . 7. Cuseome.-pebtorls! sha11 pay ~I ta~ts. au~ssmenn. snd Ievi~s wh~ch msy accrue on sard r~sl prop~rry. In defsult tharaof, Geditor msy p~y same, and al- wms so exp~ndW by Creditor sMll b~come put of ~M debt s~cured, w~th mt~r~st, and shsll b~eom~ du~ and Wvab~~ o~ dlmsnd. Cunomer-D~btwlsl eovenint fMy ov~ the defcnb~d reN propNty which ~s sub~ect [o rM ~o~lowing l~aos s~d matyspn: S~~d;n ~he pre~ence ot: Osce f xscu~~w+ '~ - . 19~ _ ~L~ ~ ~ ~ ~ _ ~ ~ ~1..liC~s-~ ~ `/ ~It j ~~ Kenneth L. unrnond .. ~ n•,/~. ~~,,. `" w~cne~ ~s.a~~ IS~all STATE OF FLORIDA COUNTY OF St. Luci@ - 4 ~~ Thi~~ei~sP&~R~1~ ~XA ~-~F~,Apue~~~~~rutno.~:w m cne:tm _'~ ~i ~ ibOVf t0 tsk~ itkeowl~• ~,.• . ,~,.~~s, o..so~.ur.aaw.d K,Ft18ETH L. DRl1-•M-tOTID ~ Rnowe to W tMp~rtoMSl descr~b~d ss Gmorrw-O~btal~! in snef who ex~tund tM fo~~qoinq Mortq~g~. and scknowr a d ~~~~~me th~f.~ ~~ t e r s o nlsl r~ad. unaNStoad. and e=~tuttd th~t MorTy~q~. - , ~ , _ 4~ ' ~!IA ':r... YYtnas rny hand and offitial aN in tM county srb sau nsmsd sbow this 27 '~ ~~ ~~ l"° " tg- R 1- ~ ,~ Nh- co,,,mifs~a, Ea~a~a: 4 W4P101 FIOr:W1 6/79 ' S T__ 4 r-~, x. .,. .. .s 4 ~uly a~ =:~o,~~.-.: r ;~'~'~47 P~cE1467 ~~~f,.~'~o~"~ E~ ~K ~ .:...,.. ~ ~~ =~ ~~., ~.~.~