HomeMy WebLinkAbout2290'•'••••.Sf-'f.+~.~i4t.~-.Yrl.~.1.•.4•.•.~.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•.•. .•.•.•. :•.•.•.•.•.•.•.•.•.•.•.~.~. .•.•.., ~.,.~.,.,.
S 1Q.,QQD_. Q4-----•-----._ . Januar~r S'~ 19 $1 ;
~OR VALUE RECEIVED, th~ undeni~n~d, jointly ~nd s~v~rally, PROMISE TO PAV ~o th~ or~e- of ~
~:ABRIEL.__DU~I~s__an.d._~QpxiE..nunics, . his .wife - . . ... ~
~ev~nty ..Thousand..andlVo/100------------------------------- -------- '
. - • - _ OOIIARS. ~
,, 809.._~a~d~nia.. .Fort..Pierce. - Florida ~3G50 . or wch oth~~ place as th~ lwide~ ;
f-e,~ ~„r a, lbnab~~ 4 writin~ to~~th~~ with int~nN from ,TBIIUSrY j~~.. 19 81 ~
at th~ raN ~__.._____.._.-_.____ p~- t~ntum pK aneum on th~ uepaid balanc~ until maturilr. Th~ said principal and int~~~st shall ;
be du~ and parabl~ as follows: ~ere shall be 119 payments , based on a fifteen year ~
~mo~tization. of $7R4.67 ~er month which includes interest at the rate of ~
~/4% per ann;im with a final 120th bal~oon payment of aPproximately $36,330.q
~gether wirh interest Rt the rate of 10 /4% Per annum on the unpaid balance. ;
,zyment shall first be credited to interest and the remainder to the princinal;
~ this obligation. This Note may be prepaid at such tir_~es an~l in such amount;
~~ the maker desires without penalty.
N ~.f•~h b~ ~wai~ iw ~S ~aY~ iw tl» ~~yw~M d ~wy iw~laMwNw1 d ~riwci~sl ~~ iwMr~st ~e awr ~aA el~e~/. 11» wh~M s~iw H»w n~aiwiw~ ~
~~Pai~ w'Nh iwN~~Y ~AaN N Mld~~'s ~pfi~w -~c~ +W M~ ~~yaLl~ vriNNW Mlit~. f~ilrr~ ts •^~~cis~ srsA priMw sb~N w~~ ie~stit ~/~ Mwr ~/ N~e '
.~ght f~ ~:~~tis~ tlN saw» is IM ~v~w1 ~f s~-s~qwM ~I~~h. Aft~r wu~wilp wM piwcipal aw~ sccrwd ~nNns~ sha4 M~r iwh~~s~ ~t~ /`~ r~ c~wwrw
pe~ a~w~a rwlil ~~id. TM iwdt~n ~wd ~wd~es~n ~i Mif w~N fvrlMr waiv~ J~wuer. n~tic~ ~i non-psyiwe~- ~w~ ~r~NSt. Ii Nws wol~ is wN ~~id al
m~l~ritr ~w~ 11w s~w~ it 'I~c~~ wit6 sw ~f1~-~~y i~r c~Ntcti~w. tM rwakers and ~ed~-te~f Mree! ay~N te ~ay all cesN ~f colbetiM. iwcl~iw~ ~p c~~A '
`°'"'"~ """'•"''"'""r ~"'• The first payment shall be due r?arch 1. 1981, and each
and every first day of the month thereafter.
'I~iIS IS A BAiIAOtv NO-lE. , . ~ "
t .- ,• . ~• .
1 C ~ . v _ - ;~ , . • ~ ' (SEAI)
RI(~~1RD I~TI4~htAYR . .
Attest: . (SEAI)
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.-, .~.•.•.•.•.•.•.•.•.~.•.•.•.~.•.•.•.•.•.•..•.•:.•.•.•.•.~.•.•.•.•:..~:.•.•.•.•.•:.•.•.•.•.•. . :•. ~ . : . .~. . .•. .•: : . : : . .•.•. .•.•.~. :•: : : :•~ . .•. .•.•.•.•.•.
and shall duly, promptly anA fully pertorm, d~~~harKe, ex~cutr, r/trrt. ~ompletr, ~omply with and ab~de by each
and e~cr~ ihc st~pu:a:~ons, agrcements, rund~t~o:is anA covcnants of s:ud prom~s~~ry note and ~! [1ua mortgage.
then th~a mortRage and the estate hereby create~ shall cease and Ge null anu :~,t~!
It ~~ unde~stood that each ot the KorJa. "note," ••mortRagor" and "mortRaKee" respect~vely and the pron-
oun~ refer~ing thereto, whether ~n thr s~nqular or plural anywh~re in th1~ mortgage, ~hatl be aingular it one only
and ahal! be plural jointly and xverally, i[ more than one, and +hall bc rnw.,cul~ne, fem~nine and ~or neuter, wher-
e~•e~ the context ao ~mpl~es or adm~ts_
Md ~aid Mortgagor tor himselt and h~a heiro, legal representative~, successora and asslgev, hercby coven-
anL~ ana sgree~ to and v~nth said Mortgagee, hia legat represmtat~ve~, surc~asors and as~ign~:
1. To pay all and singular the principal • and intereat and~ the variow and ~undry ~um~ of money payable b~
virtue of ~aid prom~ssory note, and ttus mortgage, each and every, prompUy on the day~ rc~pectively the sam~
aeverally become due.
Y. To pay al! and singular the taxe~. ~ssessments, lev~ea, I~ab~lities, oDG~at~nn~ and incumDnncea ot eLery
nature nnd k~nd now on said deacnbed prope~rty, and or that her~after may be impoaPd. ~uttered, placed, Ie~tied
or as,aessed thereupon, and/or that hereafter may br Ir~'itJ n~ ass.•S,9P~ opon th~s mortgaRe an~1 or the mdebled-
ness secured hereby, each and e~•ery, v-h~n due and payable ~rcordin~ t~ law, t-rtor~ they become delinquent~
and br(ore any interest attaches or any penalty ~y ~ncurrrd. and ~n ~o tar a~ any therrot ~~ of record the aame
shall be promptly saUsf~ed and d~schargrd ot rccerd anJ the on~nal offse~at dncumcnt !auch a~, tor uutance,
•he tax receipt er !he sat~~fact~on paper officially er.~ior:~ed or cert~t~~d~ shnll Ge placed 1n the hand~ o[ aa~d
~tortRagee w~[h~n ten daya next atter payment; and ~n the ev~nt that any thereof ~s not ao paid, utut~ed and
discharged, sa~d 1ltortga~ee may at any ume pay the same or any part th~renf w•dhout wa~.~ng or atfecting
any opt~on, lien, equ~ty or nght unAFr or by r~rtu~ o! th~s mnrt~age, and the full amount of each and every
su~h payment ~hall be imm~d~atrly due and payaDle and ah:ill bear ~nter~st from the Jate tt~ereot unt~l pa~d
at the rate ot ten per cPnturn per ann~m and t~~~eth~r v~nth su~h interest shall De ~ecured by the lien ot thu
mortgage.
3. To place and continuously kerp on the bu~fd~n~a nnw ~r hercafter attuate on said land [ire and windstorm
insurance in the u~ual ~ta~dard p~~li~y [~rm, in s sum n~•t les.~ thnn s Maximum , ~n auch com-
pany or comp- r~ s as ma~ be npprn~•ed by ~ai~l Al~~rt~;a~~ e: ar.•t alt vurh insunnce pnLc~e~ on any o! s+ud Dwld-
mga, any mt~reet thrrein or part thereof, ~n the a~~rc•~ace aum aforpaa~3 or m exce~s thereof. ~hall contnm the
usual standarA mnrt~aqee rlause mak~nq the 1~~~~ ur~t~•r sa~d (x~l~~ir~. ea~h and every, payable to said Dinrtga-
Rec as hi~ mteres; ma~• ap~+e~ar, and exch ar.~i Pl'P.-y sn. h(Nd~~y vh11t Ae pmmptly drln•ered to and held by ~a~d
11Tort~agee; an~f. nnt les~ than ten dav~ in a~i:•an~e nf the ~x~+~rat~nn el ~ach poli~y. to delivrr to swld Mn~tRaRre
a renP•.va! therenf. t~rether w•ith a re~eipt Mr thP ~r~m~um nf .a~h r~newwl: an~ th~re sAsll be no such insur-
an~e placed on an~ o( caid bu~ldlnas. any ~ntrrPSt th~r~in ~r pwrt ther~o!, uNes~ ro the form and with the Irua
pavaM~ as aforesa~d; nnd m the e~•~nt any aum of mnn~y bPOOmea payabl~ und~r +~ich pullcy or E+olicie~ sud
Mortr~~ee shall ha~•e the opti~~n to rrce~~P and a~ply the vamP ~n a~•roeu~t ot the indebt.dness aecurM hereby or
to ~rmit sa:d liort~a~or to r~reiv~ nnd uce it or sny part thercot for other purno~e~ without thercby waiving
or impa~nn~ am~ equity, lien er n~ht under or by ~~rtue ot ttus mortgaRe: and ~n the event aaid MortgaKor ahall
for any rPasm fa~l to k~Pp th~ sairi prPm~ars ~e in~ur~A. or (sil to dellver promptly any ot said pohc~es ot
insuranc~ to sai~l ~inrt~aRFe. ~r fail prompllv to p~y fi~tly any premium therefor, or ~n sny reapect [all ln per-
fiorm, d~scharRe, ex~~ute, eftect, complete, comply w~th and ab~de by thia covenant, or any part hereot, said ~Iortg-
aRer may placP and pav f~r such in~ursnce or nny part therenf without aaiving or atfecting any option. l~~n.
equity or r.Rht under or bp virtue of thia mortRaRe. and tho (ull arnonnt ot each and 2very such payment ~haU
be Immedlately dur and pa~•able end +hall beer ~nt.rest from the date ther~ot untll paid at the rate o[ tm per
e~ntum per annum and toReiher with ~uch tnterest shall be secured Dy the lien of thL mortgaRe.
4. To permlt, cnmmit or ~ut(er no v-aste, ~mpairment or deterlontlon of aald property or any psrt thereot.
6. To pay all and ainRular the co~ts, charRe~ and expenxa, includ~ng nasonable lawyer~ tce~ and caot ol
abatracts o[ title, Incurred or pald at any tlme by satd Mortgagee becauac and!or ln the event ot the f~llurs
on the part o[ the ~atd Mortga~or to duly, promptly and [ully pertorrn, dtaeharge, e~cecute, etteet. complct~,
comply with and ablde by each and ev~ry the stfpulatfon~, asreemeab, condiUons and eovenanb ot sud promlr
~ory notc, and thi~ mortRaRe, any or elther, and sald co~ta, chargea and a[penies, euh and every, shal! be tm-
mediately due and payable, whether or not there be nottce, demand, attempt to collect or sWt pendtnR: and W~
full amount ot each and every ~ucA payment ahall bear Interest trom th~ dat~ thse+eo! naW pald ~t the nte a[
ten per centum per annum• and all ~ald cw~b, char6e~ and ~:penw ~o Incurred or pald, Wtetlwr Mt2~ wch fa-
terei~ ~hall b~ ~ecured by th~ Ilen ot Ws mortg~`s.
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BDOK34`7 P~~E2284
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