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Home My WebLink About0976 '~C~RTERET SF~1/1~1GS ~.oRi~A av~sioN ~ Af1O1.aW1R.SHOCIRTKXI fq _ o n~is is ~ sn~.~oow ~TC~?~~ MORTGAGE anuwcE ~uE u~ ~nTUamr is TOGETHER WITH ACCRt1ED INTEFiEST, IF ANY, M!D ALL ADVMICEMENTS MADE BY TH~ MOFiTC,AGEE UNDER THE TEFiMS OF THIS MORTGACE. ? CLOSEO EN~ ~ [~C OPEN END/IINE OF CREOIT (HOME EOUiTY RESERYEj If Open End Box is chedced, re(er b"Hortw Equlty iN~'w A~t~NMM" Sedion Delow for special informaGon regarding a I~ne of credit io be used fa loan advar~ces. THIS MOR7GAGE, dated the 11 ~ May t9 84 Fred .l Dawson~Jr. and Frances A Dawson, his wife ~~t~~ havinganaddressat 1756 S.E. Manth Lane, Port St. Lucie, Florida 33452 and Lender: CARTERET SAVINGS ANO IOAN ASSOCIATION, FA, FLORIDA UMSION, 645 East AUantic Avenue, Dekay Beach. Ftaida 33444. In this mortgage, the words "I. me and my" refer to each and aU of the ~ndividuaLs nam~ above. The words'you and your" reter to Me lending insGtution named above. ~ MORTGAGED PREMISES: I hereby grant to you a mortgage o~ the premises bcated aC 1756 S.E. Manth Lane, Port St. Lucie St. Lucie S"'~~ Florida ~'TM Lot 9, Block , . Tnis ~oPe~ry ~ iegauy d~bed as 576. PORT ST. LUG~TMSECTION THIRTEEN. accor~in~ to the plat thereof. as recorded in Plat Book 13, pages 4 and 4A thru 4M, of the Public Records of St~;~~~~„~,~~~~a,~~~tY- Lucie County , Florida. Fifteen Thvusand LOAN/LINE OF CiiEDIT: The matgage will secure yau Ioan or fir~e of aedit to me in the amount of Dollars ~g L,000 . 00 ptus interest on tne ~oan, a a~ ~ca u,~ r~a~ o~s+~„a~?~, aq ot which 1 wi1! repay aocording to my note and/or agreement dated the same date as this mortgage. . OWNERSHlP: t am the sole owner ot the premises. and 1 have the legal DEFAUI.T: The note/agreer~sent describes the ads that wi0 cause a~ nght to give you a mortgage on it. This is a generat warranty d title. defauR u~ this mortgage. Additionaly, shadd t default in any promise 'Y' TAXES• 1 will pay aN reat estate taxes. assess~rients. water charges and oontained in this mortgage a sF~o~uld default ocau in any other mortgage . sewer ~e~cs re~aU~y co a,e aemises when mey beoo~~e aUe_ ~ wiN ~a daim oo~e~ng me p~emises. yo~ may deaare a~e unpaia baianoe a my ban ~o ~ arry cxedit on. a make any deduction hom. the loan because o~ my be due and payable without any notioe to me. You may also torecbse this ; PaYment oi any taxes. I wAI P~~ Y~ ~ P~ PaY~K ~ That rt~eans that you can a~rarx~e !or the premises to be sold as ~ . Provided bY law in order W pay off what I owe you. N the money you receive MAINTENANCE: I wiN maintain the buitdi s on the n from the sale is not enough to pay off what 1 owe you. I wiU st~t owe you ihe ~9( i P?'~~ ' 9~d ctitterenoe. cor~ition. l will not make major changes in the buddin9(s) lexoeW br repair work) or tear the building(s) do~w~t witFwut first 9~~9 Y~~ HOME EQUITY RESERYE AGREEYENT: M open end box above is ` INSU'AANCE• 1 witl k ~ a~ of aedA issued by lender pursuaM ~P ~~~9(s) on the premises insured at aN to an agreement beriveen rtwrtgac~or and fender caUed The Horne Equity times against bsS by fire and any other hazards you may sp~ecity. I Reserve Agreerneni. ThB Honwe Equity Reserve Agreement provides d~at ur?derstand that I may choose dte insuranca oompanX but my cFwice is the lender is obligated under certain arc~nt~star~ces to make advarwes to ~ subjed to your apExoval_ The pdicies wiN be for at least the amouMs and the mortgagcx up to the cxedit lirtut, whidi is the principal amount of this the time periods that you spea(y. The policies wiH name you as loss payee. mprt9age- Each pe?son examining title should be aware that the pnemises which means th3t you w~l receive pay1r18M On all instKance daimS. fl you is enCUrM)ered up to the priixtipal amOUnt Of tlus morigage. The ctedil limil reoeive payrnent ot a claim. You may choose to let me use the moneY ~ under which advances are made in the i~lome Equiry Reserv~e Agreen~ repair the darnage, or You maY use the rtaney to rede~ce the laan. I w~l expires on March 31, 1985_ Thereafte?, the repayment provisions of the deliver b You upon Your ~eq~~est ~he po~cies a other proof d the ins~xance. agreement oontirxre. Each person examining the tiUe is under a duty w SALE OF PREMtSES: I wdl not se8 or transfer ownership ot the premises ~ O0^~'rt without your prior written oonsent as long as my loan rernains unpaid. ihe agreement M the Horne Equily Resarv~e Agreertierx, the lerxier reserves ASSUMPTION POLICY: Anyone buying my home may not be permitted the right to change the tertns of ~epayment, irrJudirg the iMerest rate to assurt~e the rema+ ~ Pc,~tion of mY obigabon on its aiginal tem~s. ~ the unpaid balance o( the morcgage. The final maturity of the ~9 Fieserve Agreement is 20 years hom the daEe of tl~is mortgac,~e- ADYANCES TO PROTECT THE PREMtSES: You may, 'rf you cFwose, advanoe or pay any sum oi money which yau may detertnine is necessary BINDING EFFECT: Unttl 1 have paid in fuq what I owe you, the provisions ' to protect the title to the prenuses or to proted or preserve the prernises of this mortgage will be bKWing on me and au future awners and tenants d induding any Of the fONOVVing: the premises. ThiS mOttgage is tor your benefit and for the benefd of a) Payment of any mortgage or the making of ar?Y mort9a9e PaYment• to whan You ?naY assign it- b) Payment of any tax or assessment_ GENERAL: You can delay enioran9 ~Y ~ Y~ ~~xider this mort- c Pa t of an ~nsuranoe emium or the o( an ~ without _ bsing them. Any waiver by you d any ~ provision of this ) Y~ Y~ P~ P~+~~9 bY Y~ matgage wilt not be a waiver oi the s5me or arry other provision on any ir~suranoe poFicy in your name should ! fai! b provide you w~h insur- p~~ p~p~. anCe as provided above. d} Payment of arry bill to repair the premises. NOTICE: My notice regardirg this mortgage should be sent to the ad- sums of mor~e dress which I provided in ihe Note or the Reserve Agreemerrt. ~Y Y P~ or advanced and mduding interest on the sum f rom wF~en you paid the mor~ey, wiY be added to ihe balance of the nole and RECEIPT OF COPY: I adcnawledge receipt ot a oompieteiy fiUed in oopy • will be secured or oovered~ b,.y,~ th~is ortgage. of this mortgage. Received fn Pnymertt Ot Taxes Due On C.ass tn'an i're Pers;;^.~; ?:~;.~e~tY. Pwsuant io Cha~:.ar 71, 1.>}. ;,c:~ Ot 1971. TM~SISABALLOONMORTGI4GEMiUTHEFINALPAYMENTORTHE RvGE~ P~iTF<.~S BALANCE OUE UPON MATURITY IS N/A TOGET~IER WfTH ACCRUED WTEREST, IF ANY, AND ALL ADVANCE- Clerk Circuit Co t. St, lucie, Co., Fta. ~ ?~(~(Tg 1u1qpE gY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE r , ` , c ~ ~ L.S. "'~T~'~ re J awson ~ , ` . ~ ~~i.s. ""T"ESS ~TC,,c'#? Frances A Dawson, s w e ~ , 18 ~qp :18 ~ ' ' ~ ' ' c : R y'~ ~ L.S. . ~ , ~ . ~ y ` 656~11 - . -v : : = P Z. ~ O ~ FILED hr•'T , _ '`x ~.s. . - ` i ~ UCfE~ ~ . . -t- ~rc~c~a+ s ini t oF ~COR~a? ' RS ~U~~N i`i. r L. couNnroF ss Titv was ackrawledc,~ed before me this day of 19~-. ~ by ' fs wife rH '=a-%. . 3 _ t j - Lori Young NO . = 7?AS FOFi~1 P~REPARED BY (NAME) ~~IIC STATE Of FLOR I DA AT LARGE CqqTERET SAVINGS a LOrW ASSOCIATION, F.A. rr~~ ~1.NlSSION fXPIRtS IN/\Y 30 + ~ I „ • - - ' . G45 E. Atlarx~c Avenue GEPIERAI INS, l1NDfRWRITfAi pekey6eaCh,Fbrida33444 ,eo-o2-~d-~r~~ o. ~ O: iGN 4l COP'Y c . ~ . ri . - P~~1i ~ <a: _ _ ~ ...~.?i- - _ _ _ _ - _a - _ (