HomeMy WebLinkAbout0960 ~ l~.n~~ '1 R+r, a~rU1
, AFFIDAVIT AND I?GREENENT 1~•1V ,~p~pS~ ~iV e~U~•p!`~11
STATfi OF FLORIDA W~S~ ~ d~~'~~ •~3~O~v
COUNTY OF St. Lucie • 807?~s~
BEFORE ME, this da~+ personall~y appearedt • -
Richard L. Berg and Marle Berg, h!s wife
who, being~duly sworn, ~epose(s) end ea s(s):
1. That i/we Richar ~ L. Berg a~d IV~ar~e Berg, his wife
provide and execute the herein Affidavit and Agreement for the purpose of inducing
CITIC4RP SAVINGS OF F`LORIDA, A I~EDBI7AL SAVINGS AND LOAN ASSOCIATION~ hereinafter
"CITICQRP" to make a mortgage loac? being of equal date herewith ta me/us, which mortgage
loan shall be secured by a lie~n upon and against the following described property. to
wit: ~
Lot 9; Block 3341 of PORT ST. LUClE SECTtON 53, a Subdivision acoording to the
Plat thereof, as recorded ln Plat Book 22, Page 20A of :the Pubiic Records of St. Lucie
County, Florida.
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2. That, in order to induce CITICORP to make QfH~G;.~r?g~~~;~gage loan to the
undersignad affiant(s) and in considexation of t~'e~dd6tt~f~+euTl~o~ so granted to the
undersigned affiant(s) by CITICORP, I/we, the undersigned affiant(s) represent, agree,
u~~ersta~u a.,~ ~:,v~: ~rt tt~~t cnl; ihp ~~An(~) ~nd/or indebtedness(s) secured by a
' mortgage against the above-described property, and the present balance(s) due as to
~ it/each of the date of execution hereof, is/are:
f
~ MORTGAGE PRESENT BALANCE
~ Harbor Federal Savings and Loan Association $4, 500. 00
l
~ I/We understand that, but for the above material representations, CITICORP might not
~ have made its afor~said 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) sha12. be a
fraud upon CITICORP and shall be treated as a default of any mortgage and note given to
CITICORP in reliance hereupon; in which event CITICORP may declare said note due and may
~ foreclose the mortgage which secures the note. I/WE further agree that none of the
~ above-listed 1nd~btedness(s) martgage(s) shall 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
undersigned affiant(s), and in addition to all other terats, conditions and covenants of
any real estate mortgage issued or to be issued in conjunction With said mortgage loan,
I/We, the undersigned affiant(sj agree, understand and cavenant that, from the date of
the executfon of any such moxtgage given by tfie 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 to,be increased, the amount of sny indebtedness, encumbrance,
lien or mortgage which is superior 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 Iien of such
~ortgage is subject and inferior; and, Lhat if the affiant(s) shall in any manner so
increase, _or cause to be increased, the amount of such superior indebtedneas,
encumbrance, lien or mortgage (including by the affiant(s) taking or accepting advances
upon or through a superior mortgage), then the said mortgage givea by the herein
affisnt(s) to CITICORP shall be in default, and CITICORP may then consider all unpaid
notes secured by such mortgage, and the principal sum remaining unpaid and accrued I
interest thereon, as immediately due and payable, and CITICORP shall have the right to '
~ institute proceedings to enforce the collection of all aums due thereunder, or to
foreclose the lien of such mortgage by reason of such breach, violatian or default of
~ such mortgage by the herein affiant(s) and this eha12 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 coneideration, conditions, covenants, promises and
agreements of this paragraph serve as material inducements to CITICORP to undertake [o
make and given to the undersigned affiant(s) the mortgage loan herein referenced and
being the indebtedness secured by the lien of the martgage to be given to CITICORP by
the here~~~;,~f~iant(s) in conjunction with the transaction necesaitating or causing the .
execut~~y~~~;fierein Affidavit and Agreement. .
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S~+~r,'tpR~ ed b~fore me this 6th d~y of Februsry , 19~.
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Hotary Pu ' , State of Plorid~~pM~s~~xP. o~t 2~•
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