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HomeMy WebLinkAbout0672!, • BALLOON MORTGAGE ' ±~ ~o ~iaur and to ~iotd 1~~~ sume, fu~~ef~~~~r wif~~ f~u• t~•nemenfs. I~e~eclifumenta an~ uppurfr ~', nanc ~~s f~~~~refr, I~.~~unc~i,u~. ~~ru~ f~~~ mnfs. issues un~~ pro~ils fher~oj. unfu t~~p mortgage~, in ~p~~ simp~r. i~ ~nd t1,~~ morl~~n~~ur ro~~P-ianls u~~~h ~hP morl~~~gee 1~iaf t~~e morfga~or is tndefeasihly seize~ o~ said ; (an~l in (~•~~ simpl~~: th~t ll~~ morfpapor has po«l -igl~t and ~awfu~ authorily lo convey saicl land as a~o-e- ~' xaid: 11~~f ~h~• morf~~~u~w u~i~l ma~e such ~urlhe- assuran~-es !o per~rct ttie Jee ~imple title fo ~aid Iand in t1-e i' morf~~ag~•~ ~s mny ..•aso-~a61y F,e reyuirecl: that the mo-lgagor hereby (ully u~arranfs fl~e fitlp fo said ~nnd I' cuul u~i1l cl~~~t~n~l Ihe sam~ af~ains! f{ie law~ul claims o/ al~ persons wl~omsoever: an~1 fhal said land is free ~; a-~d ~1~~~~ ~,~ ~II ~nrumb~a-~~p: except taxes accuring subsequent to December 31 , 1980. ; ~rouided ~lways, f{~at i~ said mortgagor shall pay unfo aaic~ mortgagee fhe cerfain promis- ~ ;f sory nofe hereina~ter su6atanfially copiec~ or identi~ie~, fo•u-if: :~ . ~ !~ ~{ _---f'.~ *T'~.+.'7-ir-~---- • _ . _•-~'.~.~'~--_r: --.~l~..J;-c."~i;..-r~~..~-;-~_....----- --i-. . -"'~ .i'I~ ;, 7i~.l~' ~~~ ~ ~~. 7. . . 1. •t. ' .r t 22';000:~00;. . _-_ .-. ~. --" .._y _.:. --'-- ~ ~' ~ • ~~~ ~ H«i a ~ '~~" N{3r'~h 9-.`-} '19 81~~ - . M~. ~f, _ . . . . Fort Pierce, -- d . - -- - - ' - - - . ~.. AS. hereinafter Set fol'th ~' •+ ~ after'date, 4-, we or either of us promise to pay to the order of -.- ~ - ` ~ HEDWIG L_-AIEXANDER and BERNARD R. ~ALEXANDER. her husband =- ~ j - ~~ ~ ~ ~ ^ iWENTY-TWO THOUSANO AND NO/100---------------------------------------------aoll.ARS '. for value received; payabie a~ __ 352 Granada - Street-, Fort Pi erce, Florida 33450 ~ ~~ _~ - .. ... ._ ._ .. ~ -- -•~ - -- - -_ __ _ _~__ . _- -- - ' with.inte~est-"' _' ~ frorrr:~ ~ date': at the rate.of ~~ per_cent per annum until~paid; interest payable mnnthly ,__--- "= == If difiuk ia mdr in ~np • p~ynwert• wherr dw: the~ ~r the. op~ion of tM holder, and. withovt any aFw notiu. +p th~ ramaininp balanv ~ .'. ~hall b~ dw ~nd pay~bl~ it a+ow . - - -- -- -- - • -_ __• -~_- _.'.. ' _ - - ~_ Md: uch of w wh~ther malw,- pwr~mor or ~ndorser: hsreby swer~Hy v~~iws and renounas a~ryr and ~II bomestead exemption riyhts '. w~ mhr haw und~r rF~ Consrit.rrbn or lawrof tM Srat~ of florids, or.arry orlw Stat~ or United St~tss, aa ag~inat thia naet and ~ach fu-the.- •: . _ waives dem~nd. notic~•of nw~p~yrmnt and praut, ud-in ~~~ot it b~oorn~s +wc~aary to colbd d~ia notrthrouph an atrorn~y,-_a9r~d to pay all ~_-_ s _ _ costa d • od(iuioA, includinp r~awnabli ino~nty's • (M. } _ • " _ ~ . ... - .- i - -- - ~ . -. - - - - ~ - -- ~ .: '= -.. - ' - - -- -.- - ~ :""Uii~~note.sh'al_l.~be~~payable_in~ 59 equaT~`monthly~success~ve+instaT.lments o~~ -_~ : :- --_ ' . -_;~28F:7S; inCludtng~_fnterest`at.15X~per annum,-~.the:f.irst of. such monthly ~ - . __~ •~ _:~ ~ _~"inst~Tments.:to:be:due_and::payable~.April•:9';_198t;;and•one finaF-.installment--~ ~,- _:-: : _~"' :_ in~ tfie:approximate~ amount~ af E21;399:a3; _~plus=interesti a~15~-'per:annum,. ~:. --_- __ ". ~ satd~ final= instal_~tnen~ ta: be~ due. and. payablP. March.:9,c~~a986;=a11= of said =_ _~_ ~-~ -:~ _~_ ~ ~- • instatlments~ ~'to_ be• due and' payabl e ~ until:: the~ ~entt'rei amounL• o~-=th1's- note~ ~ ~~~ . _ - - .~ : - . both: ar=ta principat=and"jnterest~is pa3d:fn~ futiV fA~ ~Iate•_paymen~~charge -~ __ ' ` ~-' _ , ~ -=_ ~ af€ ~28i1S'shaTx'be_added -t6 each~~in"sta~linen~! reina.ininq;unpa~~foc.a:~period::~:' ~ =~'. - ---~ -=of~sercen~~r~~ aays.atter"'its~due"date,= and ar,:Tike• sum:sti~~l _he:added=to~ anyi;=__~i_:~~ ~~- ~ . --- instar~lment:whicfrshatl'remain unpaid"for_'a`period-"of.,four_teen_{14~Aays,___. -'- .' - -_ -= -_= twenty-one=(21)= days; and~ successively untit'said-payment~ "i~~made~~ ~? _ ~ _ ~~. ~ -_ ~~ - -- ~ "~' Said 59 monthly~ instal lments to~ be'appl ied ~first to interest and tf~en to y-~ -~~-- - ~ principal= ."N _ =_ . -. ::: - : : .._ '"." _ _ _ : _. __ - : __ -. ~'_'. : .: . --~- - - - ~ ~~a''~ ~ _~ ~~ = ~ ROBERT M. SU RNAYS, JR. , as Trustee - ;~o. ~ - - - Du~ _ - (Seal) - 5 ~r!~ ~~ P!GE U~~ BALLOON MORTGAGE :~ •~~ _~.~