HomeMy WebLinkAbout0947 ~i MORIGAGCULCO THIS IS A BALLOON MORTGAGE AND THE FINAL PAYM~NT RAMCOrORN R[~7
~o ca+~ww,~»aN rsow ~~o~~~av~~ OR THE BAI.ANCE DllE UPON MATURITY IS ~33~583.81~ TOGETHER WITH 2/ t
ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY MORfiGAGEE UNDER THE TERMS
, THIS MORTGAGE.
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~so~s
. E~~~ui~~ fl~r Sth ~J~)' +~I September ~ n• 19 86 ~'Y
DOUGLAS K. TOMLINSON and LORI TOMLINSON, his wife .~~,j„~
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~~~•riua~ter c~Ilccl II~~ mc~rl~u~or, fo FLORIDA NATIONAL BANK
a ru?porntion ~~xisli~~p unclrr fl~e ~ows ol 11~c Slul~ o( FLORIDA . u~ilf~ i1s p~•rn~iuu~~~f posfo(fict
~~~I~Iress at 501 Orange Avenue, P. 0. Box 3469, Ft. Pierce, 33448
I~~rcinn~f~r r~~~i~c~ Ihc~ muripu~ee:
IIYlK~~~er uud her:in ~ht una+ "mo+IpRo~° ~nd "mw~x~~rt" intlvde a11 ~hr yar~in ~o ~I~ii in.~run~ee~ and ~Ae Aein.
Irul ~ep~e~rnia~i~~~ and a~si n~ a1 indiridwi~, snd ~ht iurtr.~nn and s~utr~ aJ tw{H~~nii•n~; and ~ht ~~+m "ao~e••
i~Kl~d~? all ~h~ nou~ ht~ein ~~eril.ed il mwe ~lun on~.)
~~1~~[SSC`~1~ ('~nt /OI' {JOOt~ 11I1~ 1~(Ill~tl~~~p f01lSIf~PIl1~10115. (ItIC1 t1~S0 111 l'P~~~1(~t~?(111U11 UI ~~~r ugqre- ~
n~lc sum numr~I in I~~e prontlssory nolc o~ ev~n ~nlc I~vrr~uil~~, ~irri~in~ijter ~r~scril~~•cl. fliv rt~url~agor ~~p?e- '
~~y {~ranfs, ~~u?~~uins, sr~~s, a~i~ns, remisps, roni~c~~s ~u~~ con~irrru unru f~~a n~url~t~+firr ~r~~ l~~n rrrl~~in ~nnc~ ;
o~ u~~~ic~~ I~ir murl~~~or is ?ioeu srizetj anel in pos~~~ssion sifiurl~ ir~ St. 'Lucie ~~011'~y• '
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Lot 4, Block Z, LAKEWOOD PARK UNIT 8B, according [o the
Plat thereof, as recorded in Plat Book 11, Page 48, of
the PubZic Records of St. Lucie County, Florida. i
THIS IS A FIRST MORTGAGE ~
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The Mortgagor further agrees to pay all taxes, assessments, and utilities that ~
may be levied and assessed against the property herein, subsequent to the date '
hereof, and agree that if the Mortgagor shall fail to keep the property insured ~
or to pay any premiums or paytaxes, assessments, or utilities, then the Mortgagee, ;
if it so elects, may pay the same and the amount so paid shall be secured by this ~
Mortgage, and repaid with interest by Mortgagor by written notice thereof.
Failure to make such payments shall be deemed~a default of the Note secured .
h~reby in this Mortgage.
Any transfer, conveyance, or alienation of the premises herein described by
Mortgagor, except by operation of law, shall, at the option of the Mortgagee or
its assigns, constitute a default hereof, unless prior to such convenyance, trans-
fer, or alienation, inc~uding by any Agreement or Articles for Deed, Mortgagee
shall approve in writing, of such transfer,'conveyance, or assignment and assump-
tion of this Mortgage by the Grantee ther~of; reserving unto Mortgagee the right
to charge a reasonable sum for an assu~ption and transfer fee and further pro-
viding that Mortgagee and/or its assigns reserves the right to negotiate or alter
the rate of interest, period of payment, and other terms of the indebtedness
secured hereby upon any such transfer, conveyance, or assumption.
By agreement between Mortgagor and Mortgagee, this Mortgage shall secure future °
advances as well as an antecedent debt, the total principal amount of such ~
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antecedent debt and future advances, exclusive of any advancea for taxes,
assessments, insurance, etc., shall not aggregate more than ~37,000.00
Raceive~ t~ ~n c~,.,ment~ Tax~
Uu2 On C'~ss ' . _•sanat ProperlY~
, PU;SJ.1fl. IJ ;,it,:;) Er `
• - %+cis Of 1972.
. ~2Ji~l.i :'•!I I ~lris ~J~~~
Cier;; Circui: Court, SL Li;r~e~ Co.,
Fla.
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