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HomeMy WebLinkAbout22897'his instrument p~c~,arec! b~: I~ ~ 231-81-SB 515539 C. NORRIS TILTON. P.A. . ~ttorney at l.aw , 2•1 Ricou Road. Box 526 _ _~cnscn Rrach. Flc~rida 33•157 ' ~ 5,0~ `~ ~ Janua _ 1'HI9 ~lOR1Y3At3E D~CD. maM aad ~~eut~d tAt 3~ ~a oL_ ~ lY~~ by .......RICHARD,.REITHI!~IAYR.........._ .................._...._................._....................._.................._...._...._.._......_.........._~... eeranstter eslled the Mortgacor, which ternn shaU fnclud~ tJ.e h~in, legal reprexntaUves, succeuors and uaigru ot the ~a~d Atort~~or wherever tAe context so requ~res or Wm-b. co...------.~.'=ABRIEL DUDICS ..~t1~1...SOP~.~,~...~U~?I.G~.,....k11S....W3.fe................__.._._..... Aereinatter called the lr[ort~asee. whlch term shall ~nclud• ths h~in, le~al eeprexntativea, ~uccesson and wf~w of Na satd Mo~tg~ge~ whenver the coetext ~o require~ or admlts, ~YITNES3ETH: That for dlven sood and valu~ble consideratlon~. and al~o In considentlon o! the as~rr ~ste sum named t~ the prom~ssory not~ ot even date herewitA h~reinatter deacrib~d, tM aaJd Morts~os dop hereby grant. barga~n, sell. alien. remise, relea~e, conv~y and contirnn unto the sald ytort~«, ti1a heln, ~ucceasors and aas~6na, a11 the certa,n p~ece...., psrcel..._ or tract... ot laad. ot wfuch the said l~ortsasor i~ now Nis~d at~A po~scs+ed and ~n actual posse~~on, a~tuate ~n the County ot_...~t_.._Lueie.._...ana sc.c• or moriaa. a~b.a .a ro~~o.~s: Lots 18, 19 and 20, Block 28~ Pinewood, A Subdivision according to the plat thereof recorded in Plat Book S, Page 24, of the Public Records of St. Lucie County~ Florida. TNIS IS A BALLOON tiORTGAGE. AND THE FINAL PAYMENT DUE UPON MATURITY IS APPROXIMATELY $ 36,330.00 , TOGETHER WITH ACCRUED INTEREST, IF ANY. AND ALL ADVANCEMENTS M~DE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE. The Mortga~ee aRrees that the property encumbered by the mortgage may be released therefrom by partial release as provided for under the following formula and/or schedule, to-wit: If the mortgage be not in default under any of its terms and conditions and payment be current, the Mortgagee shall release Lot 20, Block 28, Pinewood Subdivision, from the mortgage by a sufficient Partial Release of Mort~age upon the reduction in principal of $15,000.00. The amortized payments made prior to the rea_uest ~for release shall apply to the prin- cipal paid in and the balance of the $15,000.00 shall be paid in cash at the time of release.. Rtc~ren s/ yo, o a~'~~ oF Tua~! CUf ON CIRSt 'C INTA1tC181E PFRSIIMAL PROPERTY~• " Pili'SilANT TO CN.IPTE~i 71-134, a~Tt Of 1lll. : R06:R PCIiP.AS . . Ct~ftK qxGWT CO~iiT, iT. W:.IE 00. FU.~~' ~. -. . • ~. -_ - _ ~ - : ~. 4 ~ ';. ~ i~ TO HAVL,AND TO HOLD the same, W6ether with all anA alnptlar t1u tenemcnt~, heredltament• aAa ap purtenances thereunto belonging or in anyw~se appertalNn~ aitd tM teversfon and r~varalau. remalnder aad remsinden, rents, ~sues and profit~ thereof an~ ~lao •q th~ qtatt, ti~fit, tltl~. lnbfiit~ propsrty, po~slog, cla~m and demand whatsoever as well in law u in equlty ot the aUd y[ortsaror fa and to th~ aam~ aud tv~r~- paet and parcel thereo[ unto the iaid L[ort~aaes, ~nd hb heir~, succeawss aad wl~aa, W iN almple. wnd aaid Mortgagor, for Wmaelt, and hla helra, le~aJ repreaen4tirq, succwocs aAd a~ipu„ hereby co~ea- anb with sa~d Mortgagee, hb heirs, tegal sepreaentatlvti. iucceaiors ana wt~. tAat wd ~tortsa~or !~ 1nd• teasibly uiud of uid land ln tee ifmpl~; that th~ ufd ~[ortsa~oe ha~ full power and tawNi rfiht to eonwy tM same ~n [ee a~mple u afocesald: that 1t ahaU M l~wful for ~ald Mottsare~, hf~ hetrs, lepal repns~ntatlvea. ~uo- cea~or~ and w~gns, at all qmes peaceably and qutetly to enter upo~, lwla occup~ and ~a~oy ~ald l~nd and evee~ part thereot; that uid land ls free [rom W incumbrance~; tZut Wd I~Wst;a~oe. hls INits. IKaI repr~Abtlv~ aucc~a4or~ and essign.•, will make such turtAer assuranca to pestact t1a t~s ~lmpl~ dtl~ to uld laAd In ~alA 1V!ortgagee, hia Aeira, legeJ rtpresentative~. succwon and aalpu u mar rtYOnabiy a nqulerd; ~nd that wd MortgnRor doe~ herPby fully.~+arrant the tltle to ~ald l~nd atld ~very part tA~reo! aud wW dtl~ud tM ~anu as~fnst L.~ ::-n•!ul r~1:-no of all persotu whom.oever. PROVIi'F.ii ALWAY$. That If satd Hortga6or ahall par unto tb~ WA ![ortsa~ t1N o~etala praN~aor~ AAtC. ~: f~vhiCh L~~ [0110W11f` 1A rIOTd~ ~NA }lslliq 1/ •~lW COP~. ~N-1[: ~ G C 'ws„~ ~~_ .~ ' ' . ~$~`~..'..~'-+-~tt' S'~'~F~..""~"T ~ ~, ~ .. - . . ~o~K347 P~~Ez283 # a ' a ~ ~ i ~ • ~' ~ `~~6'- ~ ~":`i'.4f.4:~