HomeMy WebLinkAbout0961 . ' `I~T- ~oM. ~o~w'I~IE INIT7A+l~ RATE QF II~Tl'IItEST FIII~ 'PD APPLY FO~R '1'I~ II~TP~~~~(~Jl~'T4~
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EXQ~utQd th~ 9th day oj ~ A. D. ~9 87 6y
MARIC~1 M. SIZFi~YJRE and l~i M. SIZII~RE, his wife 7~
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hereina/ter cnlled the mortgagor, to
FLORII~1 NATI~L Bl1t~IIC, 591 Oratige Avenue, Fort Pierce,
Flarida 33450
hereinafle~ called the mortgagee:
(Wherc~er u~ed herrin thc te~ ••mort~{a or" aad "mortaasee" isdude all ehe partia to t6is iastrument and tbe hein,
IrRal represenutives and ani nt o[ iadrvi~ual~, aad the succcsson and auism ot corporatiom; aed the tcrm "note'•
includes all the notea 6creia ~rib~d if more t6ae one.) -
~~tnesseth~ that (or gooc~ and va~uab~e consic~erattons, and also in conside~alion o~ the aggre,
gale sum namecl in ihe promissory nofe oJ even date herewtlh, hereina~ter described, the morfgagor l~ere-
by granfs, baryains, se~~s, a~iens, remises, conueys anc~ con~irms unto tf~e mortgagee a~~ !~e certnin land
of which the mortgngor is now seized and in posleJSion siiunte in St. LL1Cie County,
Floric~a. viz:
I PAF~EL l; ~he East 217.77' of the South 430' of Lot 3, J. I. I~i~II~i'S
SUBDIVISION, aocorciirig to the Plat thereof, rec.-orded in Plat Boolc 3, Page
85 of the Public Records of St. Iueie Oowity, Florida
PARCEi, 2: Z'he North 265' of the Sauth 430' of the West 75' of Lot 4, J. I.
I~T~I'S SUBDIVISIo[J, acoording to the Plat thereof, recorded. in Plat Book 3,
. Page 85 of the Public R~eords of St. ~ucie Cauity, Florida.
'IIiIS IS A FIRST NlO~.
Z~e Mcartgagar further agrees to pay all taxes, assessments, and util.ities that ma
` be levied and assessed against the property herein, subssquent to the date hereof
~I and agree that if the Nsort~gagor shal.l fail t,o keep the propel~ty insured or t~o pay
~ any premituns or pay taxes, assessn~zts, or utilities, then the Nbrt~gagee, if it
I so elects, maY PaY the san~e and the aomaw~t so paid shall be secured by this
_ ~f A'brtgage, and repaid with interest by Mortgagor b~y written notice thereof.
Fai.lure t~o make such payments shall be deaned a default of the Nate sec~ared
- i h~.reby in this Mo~rtrgage .
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f~ Any transfers, c~veyance or alienation of the prenises herein described by
Nbrtgagors, exoept by op~xation of law, shall, at the aption of the Nbrtgagee
ji or its assigns, ooa~stitute a default hereof, unless prior to such c~veyance,
transfer or alienatic~, including by any Agreen~ent or Articles for Deed, Nbrt~gag
~ shall approve in writir~g, of such transfer, oonveyance or assigrunent and
~ ass~mtptiom of this Martgage kyy the Grantee thereof; reserving unto Mortgagee the
right to charge a rea.~anable siun for an ass~a~tion and transfer fee and further
~ • praviding that Nbrtgagee and/or its assigns res~erves the right t,~ negotS.ate or
F 'i alter the rate of interest, period of payment and other terntis of the indebtedness
` secured hereby upc~ any such transft~er, conveyanoe or assvmption.
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~ II G/ 36
~ Received s ~n Paymeni Of Taxes
i Due On Class '~C" Intangible Personal Property,
f Pursuan~ To Chap?ur 71, 134, Acts Of 1971.
. DOUGtAS D'XON,
Clerk Circuit Court, SI. lutie, Co., Fla. ~ ~
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