HomeMy WebLinkAbout0918 ~51~E1 3"
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NOTICE PURSUANT TO SEGTION 69T.04(1~. F'GOR:DA STA?UTES >
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This Notice~ is made and ~xecuted this 7~h___dav of ~
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i . GEJ~~L _BFIIDIS1i ~d ~ABLE~ E. _BF~II~I3fi~his _xifE----- ;
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executed and delivered a ficst morigage irt favor of
.
~A88QREEUF~RAL_SAY~IGS..A~II?.~~aS.~ICIdL'CQ~i-----------------•• .
("first Mortqagee"). dated ~~tpmhPr_jj~1Q,82__. a~~+ recorded on ~
~~~,~L~,_19R? in Official Records Book 3g3.____. at Paae
28~a__.of the Public Recnrds of L~~rir• County, F'lorida
cthe "Mortgage"). given to secure a promissory note which
evidenc~s an indeAtedness in the original principal sum of
t 5n_7f~L00._______ ~the "Nots")~ encumberi~g the following
described real proparty o~rned by the u~dxrsigned tthe
"Praperty"):
Lot 19, Block 120, PORT ST. LUCIE SECTION '!'~IENTY-SEVEN, according ta the Plst
thereof, recorded in Plat Book 14, Pages S and SA thru 5I, of the Public REcords
of St. Lucie County, Florida.
2. The present outstanding rincipal balance of Lhe ~
. Note, as of 19~. ~.s s __~/9 ~~s~.Q~_• and ~51a~1 ~
such sum is gecured by the Hortgage. ~
3. The undersigned. pursuant to the provisions of ~
Section 697.04(1). Florida Statvtes. as amended. here~rith ~
notifies the first Mortgagee that the maximum principal ~g P3 ~
amount that shall be secured by the Mortgage is hencefor h
limited to the present oc~tstanding prin_ipal balance of he
Note as i~dicated in pacagraph 2 above. plus any incre ,~h~ ` ~
the principal balance as a resc~lt of negative amortizatig~ ~pr ~~K
deferred interesk. plus disbursements made for the paya~ent of ~
taxes. levies or insurance on the property. and any- advances ~
or disbursements made under any canstrc.zction loan agreenQrat ~
r@f erred to in the Mortgage to enab:e campletion of the ~
contemplated improvements. together vith int~rest on such
advances or disbvrsements as provided in che Mortgage. even
though the Mortgage does not pcovide for future advances. or
' such advances or disburseme:ats cause the total indebtedness ~
; secured by the I~iortgage to exceed the f ace amount stated in
~ the Mortgage.
4. If the Hortgage is an open-end or revolving credit
agreement~ the undersigned certify that thay have surrendered .
ta the first Nortgagea all credit cards, checks or other s
devices used to obtaan fnrther advances.
5. This Notice is given for the purpose of inducing
rTTY~EDEBAI._SAY7NGS_~ LW?~L11SS4C,IA~I,(~L--------------------
to make a second mortgage on the Property ;
t in the amount of S~~,.ppL______. and with knowledge of the
undersigned that the second Mortgageo v+ill rely on the
statements and representations contained her~in in closina ~
' and funding such second mortgage. k
6. The undersigned certify that a copy of this Notice ~
has been sent by cert2fied mail to the first Mortgagee. ~
IN WITNESS WHEREOF, the undersigned hav~ executed ihis
Notice on the day and yeac first above Writtefi.
Signed, sealed and delivered
e presence o~':
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1 S ~ /J//''~~
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~ '~7"i ness - ~7`"- ~'AAL~N~E•
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~ STATE OF FLORIDA ) '
Ci, ) S5:
~ COUNTY OF ST. LUCIE ~
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The foregoing Notice was sworn to, subscribed and L
~ acknowledged before me this _~,__day of ~r~b_______,~ ~`'~'"=~._-f , : :
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86-12 ^ _ . ~ ~ , -
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HY CO - - .
~ NQT UbLIC ~ ,
STAT'E OF' FL i2IT~~. .__~-~:;:=x.~;-. Ft•1