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Home My WebLink About0407\ ~~ The ~iurt{;iy;ur hereby co~ enants N~th the \iort~;ut;r.e, tl~at, he is inciefea..iDl y' Aeized ot ssid~ l4nd ii~ fee sim c ur such ~~ther e+~tate, it s~n} . i+s is stated hrrein;16u~ he ha.+lul! {~ow•cr and lawiul ri~;l~~ to cou~•ev t,l~~ sNme ss sf resaid; that the tend is free irom a!1 encumbrances except es I~crcin otherK•i~e recited; t11at said~~iort~;a~;or ~ill iake such further assuranc~ to_ prQSO the afore.said title to sa~d lsnd in said ~iurlgagee us may be rc•nsoa- sbly quired~ nnd that said ~iortgagor does hereLy tullv v-arranL the title Lo said land, aad every part tl-ercot~ end 'll defend the same agaiast lhe lawtul claims of a~l persons wt~omsoever. ROVIDED ALWAYB LI18L !I ltl@ ~~O[i$BgOi 5~1~ pB~ 11IIL0 ~e MOrL~8~06 ~6~ CB[~lll ~1['OID1.SS0~- I10f,@~ O~ ~vhic the follow is s-substanlial cops~ w wit: ~ 41,000.0~ Fort Pierce ~ Florida. March 16, i981 . ~OR VALUE RECSIVSD~ tbe under.;igned promise(s) to pay to VANTAGE MORTGAGE ASSOCIATES, INC. , a Florida corporation ~ a corporstion orqanised and e~oeting under the IaWa ot Fl Orida or order the princip~! sum o( FORTY-ONE THOUSAND AND 00/100 ---------------------------------------- .Dollars (i 41,000.00--- ), with iaterest from date at the rate oi ----- fourteen ------ per centum E--14 %) Per annum oa the unpaid balance until paid. The said principel snd interest shall be payable ~t the uffice of VANTAGE MORTGAGE ASSOCIATES, I~~C. , 3131 NW 13th Street, Suite 9, ~ Gai nesvi 1 le, F10f idd 32601 , or at such other placE as t6e holder may designate in writiag delivered or mailed to the debtor, in munthly ;n~c~l~~n~ucs of Four Hundred Eighty-Fl'Ve & 85/OODollars (i~85.85------ ), commencing on the first day of Mdy , 19 $1 ~ and continuing on the first dap of each month therealtFr until this note is tullv paid, except that, if not aooner paid~ the final payment of principal and interest shall be due and payable on t6e tirst day of Apri 1, 2011 . ~ - privi]ege is reserved to prepay at any time, wzthout premium or fee, t6e entue indebtedness or any part thereof not less than the unount of one installment. or one hundred dollats (a100.00), whichever is less. Prepayment in tull shalt be credited on the date received. Putial prepayment, other thar~ on an installment due date, need not be credited until the next totlotiving installment due date or thirty days atter wch prepayment, whiche~er is earlier. Ii any deficiency in the peyment of any installment uncier this note is not made good prior to the due date of the next such installment~ the entire principal sum and eccrued interest shall aL once become due and pay- able without notice at the option ot the holder of this note. Failure to eaercise this option ahall not constitute a waiver of the right to exercise the same in the ecent of any subsequent default. In the event of default in the payment of this note, and if the same is collected by an attomey at lav~~ the undersigned hereby agree(s) to pap all costa ot collection, including s reasonable ettorney's fee. This note is secured by mortga{;e of e~ en date e~ecuted by the undersigr-ed on certain proper~y described therein and represents money actually used for the acquisition of said property or the improvemenLe therc~on. Presentment, protest, and noticP are hereb~ v-aived. __~~____CHARLES 0. CAMPBELL, JR.__________ ~~LJ CHARLES 0. CAMPBELL, JR, --~-$1----P~.Q..._--CAM~BELL------------------ [~L~ PEGGY D. CAMPBELL [s~L; ----- [s~-L) And shall duly, promptly, and fully periorm, di~charge, execute, effect, comptete, and comply with and abide by each and every the st~pulations, agreemsnts~ conditions~ and covenants of said pr~missory note and of this mortgage, t6en this mortgage and the estate hereby created sha11 cease and be r.ul[ and void. The ;~iortgagor further covenants as folloas: I. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to prepay at any time~ without premium or fee, the entire indebtedness or any part thereof not less than the amount of one installment, or une hundred dolla~s t5100.00), Khiche~~er is Iess_ Yrepa~•ment in [ull shall be crediled on the date recei~•ed. Partial prepa}•ment, other than on an instaliment due date, need not be cmdited until the next following installment due datc or thirt~ da~ s after such prepa}-ment, w hicherer is earlier_ • 2. In ~rder -nor~~ full~- t~ protc~rt th~ ~~~~•uril~- ~-f tlii: ~nort~a~~, thc• \l~rt~a~.~or, to~-~thPr with. and in a~liliti~m t~~, th~ m~nthl~- pa~-n~ents un~i~•r th~ t~•rn~~ uf tliF• notc~ s~•~•ur~~l he~rc•L~-, on th~• fitst da~- ~f ~a~h in~nth uutil thc~ sui~i t:ut~• is ~lllli' ~.II/I, W-ill pa~- t~~ tt-e ~1~~rtKak~~~~, es tru~tc~~. (un~l~•r~thr t~~rrr.5 ~-f t!-i~ tru~t ~s }-~r~~i~i- a~t~r stet~•~l f th~~ ful1~~N•in~; su~n,: (a) A sum equal to the ground rents, i! any, next due, plus the premiums that wil: next become due and payable on policies of 5re and other hazard insurence covering the mortgaged property, plus taxes and assessments next due on the mortga~ed property (all as estimated by the ~iortgaqee and of which the hiortgagor is noti6ed) less all sums already pa~d therefor divided by the m~mber of months to elapse before one month prior to the date when such ground rents, premiums, taxes, and assessments will become delinquent, such sums to be held by ti'IortgageeintNsttopaysaidgroundrents,premi;;ms,taxes,andspecialassessmcnts. (b) The aggregate of the amounts payable pursuant to subparagraph (a) and those payable on the note secured hereby, shall be paid in a single payment each month, to be appl~e~ to the following items iu the order etated : -- (I) ground rents, taxes, as.5essments, fire, and other hazard insurance premiums; (II) interest on t6e note secured hereby; and (III) amortization of the principal of ss~id note. Any deficiency in the amount of such a#:~re~ate monthly pa~•ment shall, unless made goal by the ~iortr gagor prjor to the due date of the next s~ch pa~-ment, ~onst~tute an e~•ent o[ defaull under this mort~age. At ~iort~agee's option, ~iort~agor will pa~ a"late cl~arKe" not eaceeding four per centum (4°Jo) of an~ install- ment when psid more than fifteen (15) da}•s after th~ due date thereof to cover the extrs expense in~ohe~1 in handling delinquent pa~ ments, but such "late charge" shall not be pa~•able out of the proc;eeds of an~ sale made to satis(~• the ~n~~btrdness se~ured hereb}•, unl~ss such proceeds are sufficient to discharge the entire indebtedness and all proper costs and expenses secured thereby. :;. (f tli~ total ~f th~• pa~-iu~•-~t~ nin~i~~ h~• thc~ ~1orl~a~or uml~r (A1 ~f p~rfl~r.~F-li 2 prP~FdinK stiall ~xcced tl~P aniount of pe~-~~~~nt~ e~•tuall~- ina~lr h~- tiu~ ~1on}~a~r~•, s.c trustc•~~. (~-r ~rounrl r~~nl~, tnx~s en~l ass~~.~ments, and insurance pr~•iniwu~. a~ th~• ~•a~~• n~a~~-~h~•. ~uc.h ~•x~•~•ss slibll 1-~ ~~r~~lit~~~l ~m sul-~~~~~u~nt pa~-m~nts to 1~ made b~• ti-F ~t~rtga~;~~r f~r ~u~•h it~-n< <~r, ut~ ~t~rt~;~~•~~'~ ~-ptinn, ~~~ trustr~~, sl~all h~ r~fun~led to `tnrtga~or. If, ~IOKPYPf, su~!- iT~onllil~- ~-n~'m~~nts >hull nnt h~~ ~u(Ti~~i~~nt t~ pe~' su~•h it~~in. w•hr~n tl~r san~~ shall becotne duc and pa~•able. th~-- tli~ ~1~~rt}:a~~~r ~hall ~~:-~- tn th~• ~1nrt{~n~:~•~•. :~~ tru~t~~~~. nn~- ~un~~unt ne~c~~sarti• to make up th~ defi~i~n~~-. ;url~ pn~-~n~~nt sl~all h~• in:i~lr w-ithin thirt~• (:50~ dati-~ aft~r w-ritttm noti~~ (rom tl~e tilortqa~ee stating the amount oi thr defi~ien~~•, H'hich noticP may be gi~en 1>~' rnei~. 1( at any time thP Mort~egor ehall ~ x~ C.~~ ~ ~ c rr ~ ~