HomeMy WebLinkAbout0986 1HIS IS A BALLOON MORTGAGE Ah'D 'I'kiE FINAL PAYMENT OR THE BALANCE DU~ UPON MATURITY IS $15,500.00 ,
iOGETEHR WITN ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MA~E $Y THE ~AGEE UNDER THE
'IERMS OF THIS MORTGAGE. /
'716611 ~
MORTGAGE
THIS MORTGAGE. •i~tut~d th~i 3rd a•r ot July 19 85 2211 Okeechobee Road,
_~'t. Pierce, F1. py TERRY E HOUGENDOBLER and KATHIE S. HOUGENDOBLER, his wife _
~t th~ first part. Mr~~naha ulNd tM Mort9a9a. whkh t~rm ~s uNd hK~~n ~n ~v~ry ~natux~ shall ~nNud~ th~ Matpspor s hs~~s. e¦ecutors. edm~mstratort.
s~cc~swn. I~pal rpns~ntativ~s and assiyns. ~ncludu?p ol wbspu~nt qr~ntNS. ~~tMr vduntary by act ol tPa parti~s or ~nvolunury by op~rs~~on ol I~w. and
;nall d~not~ tM «:.r~ snd/or plur~l wnd tM ms~*_'_!~^s ±!+tVw hmu?rnn~. ~nd natunl and/nr ~rGbe~al oarwns. wh~n~vtr snd whersver the r.ontext so r~• _
~~~~es a aem~ts to RIVERSIDE NATIONAL BANK OF FLORIDA
a oankmy atwaatwn. ot tM s~cond part. hen~nal~er called th~ Mor~gagee. wh~ch
- : usod 1:a:s6n sn svss+j e.^.s!as~e ~~!1 intl:~ !M ~vlQrtga~'s wcc~ssors. I~gal r~pr~s~nutrv~s and ass~y~s. ~ndud~np a11 subsequent ass~ynees. e~tAer
:o!u~niary Dy sct of tne panies or mvolunury by op~ntwn of 1~w.
W 1 T N E: f E T H:
THAT fo. div~n Qood usd valuabl~ oons~d~ntion~. ~nd ~Iso to fscun tt+~ paYm~nt ol tM apQrfp~t~ sum of mon~y namsd m th~ prom~ssory not~ of
even dat• Mr~with. Mr~~nah~r m~+tiorwd. to~~tMr with int~r~~t tMnon, and ill otMr sums of mon~y MCUr~6 Mr~by ss h~re~nsfta prov~dtd. tM
tiiort9~Qor do~s pnnt. barp~in. stll. •li~n. nmis~. r~l~~s~. conv~y and con(irm unto tM Monpap~~. in 1~~ umpl~. ;
A1 the followinq land:
r~ as
Lot S and the South 15 feet of Lot 4, Block 4, REVISED PLAT OF SUUTtI P~,
25TH STREET SUBDIVISION, according to the Plat thereof, as recorded
in Plat Book 11, page 46, of the Public Records of St. Lucie County,
Florida.
Received ln Payment Of Taxes ~
D;-~ C~ass "C" Intan ;:b'e Pc-s~~ Pronerty, THIS IS A THIRD MORTGAGE, a
s~_n: To Cha;, er ; 1, ?;•b. „c,s Jf 1
R~~i ~R P~ii it•~S
i~
~ erk Circuit Court, St. Lucie, Co.. Fla.
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE DUE UPON MATURITY IS $15,500.00
TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANL"EMENTS MADE BY THE MORTGAGEE UNDER THE
TFRMS OF THIS MORTGAGE.
3: Au bwld~nys. structur~s. and ~mprov~m~nts oi w~ry natur~ whatso~v~r now or h~n~h~r situ~t~d on th~ Nid prOpOrty, atld sll futmture, furn~shinys.
~~.;~es mathinery. eqwpmMt. ~nwntory and m~t~nals on s~b. ~nd p~~iOnal D?Op~rty ol ev~ry niturs whatsoevsr now or hsresfie~ owned by ~he Mort-
;aga~ and Iocs~ed on. a u~d or mt~nd~d t0 bs uf~d in ConMCtiOn wrth or w~th th~ op~raaon ol sa~d Or~rty. bwid~ngs. structures or other ~mprove-
~e~ss ~ndud~ng exuns~ons. additeons. improv~m~ntt. b~tttrrMnts. rs~~wals and r~pl~c~m~nts to any ol the forepo~ng. and a11 ot the nght. t~tls snd
~e~es~ ot ine Mongaya, ~n any such p~rsonat prop~rty or fiatur~s wb~~ct to ~ co++d~aon~l sates eontract. chattel mortpage or s~mdar hen or cia~m toqe~her ~
. tn tne benef~t o( ~ny dtpos~ts or paym~nts now or h~nah~r m~d~ by th~ mort9apor or on us behalt ;
i To9eth~r wntA all and sirpul~r tM t~Mm~nt~. Mr~diUm~nt~. ~~Hm~nt~ and appurt~n~nc~~ th~rwnto belonpinp, o~ in ~ny wls~ spp~rt~m~ng. and th~
~ e~?s ~ssus~. •nd profita tMr~o~. and ~Iw ~11 tM ~st~t~. riQht. titl~. intsnst and •II elaims ~nd d~m~nds whatsoewr. as w~ll in Isw ~s in equity. of sa~d
~ ~~!ortgaqor ~n ar?d to th~ qm~, and ~wry part ~nd parcN th~not. ~nd alto specifiulty Dut not by w~Y of limitat~on •11 y~s snd ~ISCtric i~xturss. radistors.
-eacers. wat~r pumps, air eonditan~~ puiDm~nt. m~tAin~ry, boilan, nnp~s. N~vators ~nd motor~. D~th tubs. sinks. w~t~r Cbssts. watsr basins, pipes.
~ Jw...~ ..~r~ ,
~ ~a~cets. snd otMr plumbrnQ and h~~tm~ fixtur~s. m~nql~, r~hipfratinp pl~nts ~nd iC~ box~f, window s~ro~nE. ::.::o- stisn bl~nds. com~c~s. storm
s^utters and swrnnys. wh~ch ~r~ now o~ m~y h~r~~h~r p~rt~in to or b~ ui~d with, in or on s~id pnmis~s. ~van thouqh they M det~chsd or detach~bls. ~r~ and
I s~an be deam~d to b~ fixtur~s ~nd ~cc~swri~s to tM IrNhold and s part o( th~ r~alty.
~ TO HAVE AND TO NOID tM aam~, top~tha with th~ t~n~m~nts. Mr~dit~m~ntt ~nd ~ppurt~n~ncas th~r~unto belonyiny. ~nd the rsnts. ~ssues snd
~~~f,cs thsrsot. uMO th~ sa?d MortpaqN.
Tne ssid Mortpaqw htr~by cownants wrth th~ uid MortpspN th~t th~ said MortQ~Qor it indefaasibly seizsd with th~ sbsolute and fse s~mpla titls to
;;~d property. ~nd has tull pOVwr ~nd l~wfut ~ut110~ity t0 NII. conwy. tr~nd~r ~nd mortp~p~ th~ same; that it shNl be I~w(ul st any t~me he?eaher for the
`,+ort~syes to p~~qably ~nd Quistiy MtK upOn. hav~. hold ~nd ~n~oy ~aid prop~?tY. ~nd ~v~ry pirt tMr~ot: th~t uid pr~psrty is (ree ~nd diuharysd from sll
e~s. eneumbr~nea and elaims of ~riy kind. inCludin9 tax~f ~~sts~m~nts. ~xc~pt tAos~ that m~y 1» set out ~bove or hereinsher: thst the Monflapor will
-ake at Mortpapor's ~~cp~ns~ ~n0 at no ~xp~ns~ to Matp~9N wch oth~r and furth~r atsur~nc~s to psrisct the ~se simpls title to said land. (~atures snd psr-
s~na! prop~rty i~ tf+~ MortpaqN ~s m~y M~~ah~r b~ rpuir~d: snd th~t tM Mortpapor hsnby (ully w~rrants unto tl?~ Mo?tpapes ths t~tle to sa~d property snd
: defsnd tM sam~ awin~t t1» lawful daims and d~m~nd~ ot all p~rtons whomfo~v~r.
NOW. THEFIEFORE, th~ tondiGOns Ot this mortpap~ ~n wCh th~t it tM Mort9apor ah~ll w~ll and truly pay unto the Mortqsqes tM
~ -,ebtadn~ss ~vidtncb by that esrt~in promitsory not~ of w~n d~b h~r~with, m~A~ by th! Mortq~por and paysble to the Mo?tgagee m th~
~ nC~pil fYT O~ FIFT~EN TI~OUSAND FIVE HUNDRED AND NO/100------------ ~s 15, 500.00 ~~nsl
~ i.a,m~n[ of which ~s dw on Au~ust 2, 1985 , toy~th~r with any not~ or not~s Mreaher sxecutsd by the Mortqa9or
~ "e~e~nby arxf ~n ~eeadar?t~ with par~Qr~ph sixtNn of thi~ monQ~ u MrsinaRa s~t forth ~nd s~eur~d by ths li~n of this mortpays. to~ether with mtsrost ss
9 rem tt~t~d. ~nd shall p~rform, comply with and abiM by ~uh ~nd w~ry tM ttipulations. ~yn~m~nt~, condition~ and covtnants cont~med and set lorth ~n
~ s mprtQap~ and in th~ Wom~saory not~ a~cur~d h~nby, th~n thi~ mertpag~ •nd th• ~~t~t~ h~r~by cnat~d shall cease and bs null and void
~
~ AND. tM Monpspa dws h~nby cov~n~nt ~nd ~qr~e:
1 To ptrform, comply with •nd •b~d~ by ~ach ~nd ~v~ry tM ~tipul~tioni. ~pnim~nts, cond~tion~ and Covensnts conta~ned and set lorth ~n said
.;•om;ssory not• o~ not~l. thif mwip~Q~ •nd, i( applicaW~. tM ban •yrNm~nt b~twNn tM Mortpsyae •nd Mortpeqor
~ 2 To pay tM ind~bi~dn~u s~cund by this imtrum~nt ~nd ~tcordiny to th~ tru~ a~or ~nd ~H~ct ot th~ prom~ssory nots h~re~nabove menuonad or
~ ~ any r~n~w~l th~rwt, promptty on th~ d~y or days tM sama Nv~raily btc~m~ du~.
3 To pay. b~fw~ b~cominq ddinqwnt. alt oblipitionf. ~ncumManc~f. t~x~~. +~aNUmsnis. pariny. ~~d~walk. sarntary and other sssessmsnts. Isv~ss
o~ hens. now a h~rsah~r I~vi~d a impw~d upon or ~p~inat tM mwtp~p~d p~oWrtlr. snd to ~xhibit to ths Monpsps• b~fore such axes. ~sses:msnts.
s~~ ~nd ~ntumbr~ncN b~totM dNinqu~nt tM Offiti~l r~clipts for paymtnt tl»r~of. ~nd if th~ sim~ or sny part th~r~o1 b~ not paid betor• b~cominy
~ :ei~nawnt tM MonqspN may ~t srn tim~ pay tM urrN with ~ccru~d int~nat ~nd ch~rp~s, if •ny, without w~ivinq or stfsctinp Mongape~'s option to
~ ~:~~ectos~ thi~ mort9~p~, a~n~ riyht h~r~urxler, ind ~v~ry piym~nt w mod~ ahall ba~r i~t~r~st from tM d~ts tMr~of st th~ h~yhsst r~te ~uthor~:s~ by Iaw
~ ~r•d sll wch p~ym~nts with int~r~tt sh~ll b~ Ncur~d by th~ li~n Mr~of.
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s~rai~tn«.sin, Mao~s-ois ~~K471 ~
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