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lONO IOAM
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11AMC0 IORM R<• I ~
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q,~, So
I:r~•~«~MI ~h~• 2nd .lav ol ;KAR(~I A. n. iq 81 6r
ALBERT I~2~'Iti and PATRICIA I~.Zli. his wife
her~i~~a(t~•r ~•al~wl I-~e morfyac~or, tu
06CAR T. MAIN and t~[ILDREi T~. MAIN, his wife
~~~n•inn(1~•r c•a~~i~t~ 1~~e morif~a~~i•~:
{N~herr~~r u.[d hercin the t~rma `'~ma~KaR~~~" aql~ ••/mN~rarK~~ ~MIullf ~II the pa~tits l0 16is irottcmeat and tAe 6ein,
I~ol r~yrevntau~ec and a~aKm ol iad~~iduals. and IAr w~~e.v.~• u~d aw~a~ u! cwporaliom: and tDe ~erm "pot~••
~~rlude~ all the nutn Ae~~in deatr~Gtd i( m~Ke than wK.)
~itnesseth~ ~~~G~ ~O~ (~~ 1111(~ 1'tl~11A~)~P l~OI1S1(~P~q~10115, UII(~ Q~O 1-1 COI1Jl~PfA~lO-1 0/ the aggre
~~al~• s~un nam~~~ in I~~e promissory noli~ oJ ~~~~~n c~ale Iiern~nill~. Ii~r~innjter described. fh~ murt~agor ~e~e-
~-y ryrnnts, ~~un~ains, s~•IIs, aliens, r~mis~s. conv~ys an~( con~erms w~fo I~~e mortga~Pe a~~ I~~e certain ~an~
o~ io{iii•{~ itie morfgngor is now sPize~~ anc~ in possPSSion siluafe in Counly.
~=loritla. ~~iz:
Lot 6, MAIN SUBDIVISION~ according to the plat thereof
on file in Plat Book 14~ Page 30~ Public Records of St.
L~ucie Camty, Florida.
In the~eve.~t a transfer of the prc~erty secured hereby~ whether by sale, gift,
devise or otheYwise the obligatian secured hereby shall be due and payable in
full wnless the tra~sf~r is appraved in writing by the i~brtgagee, which approval
caruiot be imreasociably witheld and the Nbrtgagee shall have the right to increase
the interest rate payable heretimder to a rate not to exceed 1% less than the rate
then bei.ng paid an "money market certificates" by First Federal Savin~s ~• Loan
Association ~f Fort Pierce or Citizens Federal Savir~gs & I~ Associatian of St.
I~ucie Cosmty, pravided, how~ever, that such interest rate increase shall not exceed
1% during the first tw~ years of the obligatian secured-hereby and shall not excee~t
22% during the first five years of the obligatian secured herebv.
:brtgagor further grants to I~brtgagee hereimder a security interest in a11 fur-
nishings, fixt~es, appliances and effects located in, an or abaut, the above
described property together with additions and replacanents thereto,~and this
Nbrtgage shall be deened to be a Security Agreement for the purpose of ~;ranting
and perfecting such security interest.
~is is a purchase money first mortgage
` In the even payme~nts on and prepaycaents of, principal exceed 29'% dur~ amy given
year of the first five years of the obligation secured hereby, then a prepayment
. penalty shall be payable as follaas: (a) during each of the first three years, 3.OF,
of the amamt by which the s~m of prepayme~lts made in any such year exceeds 2(P/,
of the original principal amamt of the obligatian; and (b) during the faurth and
fifth years 3.OPla of the ~namt by which the sun of prepaymeYits made in anv such
year exceeds 2(P/o of the original principal amo~mt of such obligatian.
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RfCfJ1fED f /~TG.00 IN MY11ElfT OF TAXEi
DUE CN CLASL •C INTAlIClBIE PERSOt1AL PROPfRTY~
FURSUANT TO CMAPTEY 71•1?4, ACTS Of 1~11.
ROfifN PGIi~,,Ti
C1ERK pRLU? CaMtT, iT. LY~IE C0~ fU~',.1~~ .
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a~'~x 349 r~~E 2015