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Home My WebLink About0954 ~ ~ cNv~ a.~~ . . AFFIDAV.IT AND AGR~EMENT of West Palm Beach i nc. ,l 8~59 #210 Forest Hill Blvd., STA`~E OF FLORIDA COUNTY OF ST. LUCIE West Palm Beach, Florida 33406 BEFORB ME. this day pereonally appeared: ~ Margaret Nelson, an unremarrled woman ~ who. being duly sworn, depose(e) and says(s): 1. That I/we Marqaret Nelson an unremarried woman provide and execute the herein Affidavit and Agreement for the' purpose of inducing CITICORP SAVINGS OF FLORIDA. A FEDERAL SAVINGS AND LOAN ASSOCIATION, hereinafter "CITICORP" to make a mortgage loan being of equal d~te herewith to me/us, which mortgage ~ loan ehall be secured by a lien upon and against the following described property, to wit: ' - ~J 1 Lot 15, Block 51, BILTMORE PARK SUBDIVISION, as per Plat thereof, i recorded in Plat Book 4, Page 52, of the Public R~cords of St. Lucie County, Florida . 8~2659 '87 ,IAN i 9 R11 :24 i FILEU ~:1.,: - . ~ 2. That. in order to induce CITICORP to make the aforesaid moxtgage loa~n to the ~ underaigned af f iant (s) and in conaideration of theSTtdd~'~~~,~#.'~ ldarl so granted to the undersigned affiant(s) by CITICORP. I/ve. thp undersigned affiant(s) represent, agree. ~ understand and covenant that only the loan(s) and/or indebtedness(s) secured by a t mortgage against the above-described property, and the present balance(s) due as to ' it/esch of the date of execution hereof, is/are: ~ MORTGAGE PRESENT BALANCE ~ I ; McCaughan Mortgage Co. , inc. $10, 619.19 ~ ~ I/We understand that, but for the above material represen[ations, CITICORP might not ~ ~ have made its aforesaid mortgage loan of equal date herewith to me/us, and that any ~ misrepresentation by me/us as to the foregoing mortgage(s) and/or balances(s) shall be a ' fraud apon CITICORP and ehall be treated as a default of any mortgage and note given to i CITICORI' in reliance hereupon; in ~hich event CITICORP may declare said note due and may ~ foreclose the mortgage Which secures the note. I/{JE further agree Chat none of the ~ above-listed indebtedness(s) mortgage(s) ahall be renewed~ nor shall the amount of the indebtedness(s) in any wr.y be increased without first paying in full my indebtedness(s) ~ to CITICORP. ' { 3. That, in order to induce CITICORP to make the aforesaid mortgage loan to the ~ undereignea affiant(s), and in addition to all other terms, conditions and covenants of ~ any real estate mortgage issued or to be issued in con~unction with said mortgage loan, I/We, the undersigned affiant(s) agree, understand and covenant that, from the date of ~ the execution of any such mortgage giv~n by the affiant(s) to CITICORP until such ~ mortgage shall be paid and/or satisfied in full, the undersigned affiant(s) shall not in ~ any increase, or cause [o be increased, the amount of any indebtedness, encumbrance, ~ lien or mortgage which is euper~or in right, priority and dignity to such mortgage given ~ or to be given by the herein affiant{s) to CITICORP and/or to which the lien of such ~ mortgage is subject and inferior; and, that if the affiant(s) shall in any manner so increase, or cause to be increased. the amount of such superior indebtedness, ~ encumbrance, lien or mo,~ctgage (including by the affiant(s) taking or accepting advances upon or through a superior mortgage), then the said mortgage given by the herein affiant(s) to CITICORP ehall be in default, and CITICORP may thc~n con9lder all unpaid notes aecured by auch mortgage, and the principal sum remaining unpaid and accrued interest thereon, as immediately due and payable, and CITICORP shall have the right to ~ institute proceedings to enforce the collection of all sums due thereunder, or to foreclose the lien of such mortgage by reason of such breach. violation or default of ~ such mortgage by the herein affiant(s) and this shall be true even if the herein affiant(s) is/are not otherwise in default of such mortgage. The affiant(s) understand(s) and agree(s) that the consideration, conditions, covenants, promises and agreements of this paragraph serve as material inducements to CITICORP to undertake to make and given to the undersigned affiant(s) the mortgage l~an herein referenced and being the indebtedness secured by the lien of the mortgage to be given to CITICORP by the herein affiant(s) in can~unctlon with the transaction necessitating or causing the execution of the herein Affidavit and Agreement. .,.:u,~,. ' = r~ . ~ ~r• - Mar aret elson . ~i ~ . .>t ; ~ 'b • - 19 ~ ,~~..S~or,~7 tocaAd Subsc ibe before me this 15th day of Jan arv • ..$Z• s Y ~ '~~r~~jO~.~ 3~.• ~O1AA~ PUBIIt S1A1F Of FLORIDeR Hotary.,~ u ic, State of Florida at Large ISSIOM EJIP. O~T 29.,98$KO 52 8 P~~O 9 g i . lOIDED TRRU 6E#ERAI INS. UfO. ~ 'C01~4~I~~SSIO EXFIRATION DATE: - -t ~~s„=,~~,e.~.,--~--. _ . - - . . i.;y••: v<.~?'. . . - "'_'-"'__~Y..~...~_._i . _ _ . ' Y 1