HomeMy WebLinkAbout0936 ~ocipia ar a~cD otaer esu?t~as ti ~?nJ v is ~tated Derein; t~ha~ he ha~ lul~ po~e uw ~?anui r~o~ w w,..o.
a~ Joew~:d; that tk~e Isad u tree ~rcm a11 aucuaobr~noes e~co~?pi~ ~s b~srsin ofher,ny~s t~ecyted; tb~?t oaidlNort~gos
will maka sur,b Iw~tber wu»noes to pra~e tbe aloresaid ~iile to ~aid t~ad ia said Morypg~s iu me~ be c+e~wn-
o?b req uir+ed~ snd th~?t said Mortga~or doei herab~ full ~varrrui tar Lit1e to aaid Lnd. sad s~er~ pact, thereot~
wiU dafead tba sa~ a~aiu~4 the la~viul claia~e o! ~~,.-~a~as wt~omsoever.
P~OVtDiD ALNATa ~~L li ~b MOt~i~Oi ~iII jN,~ 1?ptp ~ Mpr~M~~ L~~ p0lLtla FTaIn1M0ly DptA~ Ot
whicL tbe tolbwi~ u a ~ubstantcal ooPy~ to ait:
s ab,~oo.oo
Ft. Pi~rce p~,
Apri 1 2 .19 87 .
Foa Ywi.vs Rscszvso, the ~deni~e~ Pe+o~ni~e(~) t~ W?Y to .
FIRST CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION
` a corpor~?tian or~,~anised ~ad eoddiaa nader eha bw~ ot TNE UNITED STAT~S OF AMERI CA
otarde*. tbe priaoipat wm ot FORTY SIX THOUSAND FIVE HUNDREO AND NO/100---------------------
Dotlars
46,500.Q0 wit6 interast irom dste attbe rste ot EIGHT AND ONE-HAIF per
oeatum ( 8. 5°f~) PQr aanua~ oa fbe ua~id blanoe unW paid. Tbe aaid principal and interea~! eha11 be
~.yabb at tLe o~ioe ot Fi rst Ci ti zer~s Federal Savi ngs and Loan Associ ati on
t600 S. Federal Nwy.
u? Ft. Pi erce, F1 ori da 33450 ~ ar at suc6 otber pla~ee ~a t~e hdder n~?y
deei~n~te in ~ritin6 delivared or mailed to the debtor, in ma,thlY inaWlmeata of THREE HUNDRED F IFTY
SEVEN RND 54/100----------------------------------------------,---~?-~ ~
(i 357,54 oommenciag on the fiest d~Y d June 1~ and ocntw on
the first da~ oi esch month thereafter unt,il this note is tully paid, nzoept thati~ ii noti iooner paid~ tLe 6na1 pay
menL oi princepal and 'wtsree4~ ehall be due and p~ytble on the fint day oi May ~ 2017 . •
Prlfileg~e ia reservecl to pnpsy ~t any tims, without premium or fee, the entire indebtednees or any part `
UIQIlOL DO~ IlfS Wift ~I1! i~f1011At Of OA! IAi~UA~lp~. or one hundred do[tus (~100.00j. whk6ever b kas. Yrepayment in tult
sh~ll be crcdited on tbe date receirred. Putia! prepayme~t, other tlun on an idsWlment due dat+e, nsed aot be cee~lted untU
the aext toiiowia~ in~allment due date or tbiity days a[ter wch prepaymtnt, whtd~e~er b earlkr.
If any deficiency in the ps~anent og any inet~?llment under t,Lis note is not made good prior to the due date
oi the next euch inataWnent~ the entire principsl aum and accrued interest sL~ll at onoe becoma due aad p~y-
able without notice at the option of the holder af t,his notA. Fsilure to exerc~iee t~hia option shatl not oonsGtute
a aaiver of t,he right to esarci~e ~he same ia the event oi sny subeequent default. In t~he evr.n6 oi detault in ~he
pi?yment of this notc, and ii the same is callected by an sttozne~ at lsw, t~ha undersigned hereby agree(~) t~
Pa9 ~?ll costa of oollectiion~ incle~ding a reaaonsble ~t,toruey's fee.
This note is secured by mortgage oi even dste execut~ed by tbe undersigned on oertain pmperty described
therein and represent~ money ~ctuslly used tor the acquisition o, said pmperty or tbe improve~ments thereon.
Presentment, proLeat~ and notice are henby waived.
s Robert A. Cooper
- [~•l
And shall du}q, Promptly, and lulty pedorm, di~charge, execute~ eEeet, complete, und oomply arith and abide
by esch and every the stipulatione, agreements, conditiona, uad coveaanta of eaid promiaeory note and of thia ; I
mortgage, then th~a mortgaae aad the eatmte hereb~ created ahall asee aad be null u?d voui.
The Mortgagor further oovenaata sa follo~ra: '
1. That he wiU pay the indebte~aeaa, aa bereiabefore pmvided. Privilege ia reeerved to prepsy st aay time, ~
without pnmium or fee, tha entire indebte~neae or any psrt thereof not leas than the amount of one ic?etallmeat, or ~
oae hundred doUus (j100.00j, w6ichever k less. Prepayment in fuU abatl be credited on tbe dste received. Partial
prPpryelent, other t6an on m in~Wlment due date, need not be rredjted unW tt~e nezt following installment due date or
rre
t6irty days after such P~P~Y~t~ ~?hkherer Is eulier. -
2. In order more fullv to protect the security of this mortgage, !he Morigxgor, together with, snd in
addition to, the monthl~• payrnente under the tPrms ot the note secured hereby~ an the first dsy oI each manth
until tl~e said note is fully pa~d, will pay to the Mortgagee, ss trustee, (under the ter»?s of this truat aa herein-
after atated) ti~e following surn$: .
(a) A eum egual ta L6e around reate, if aad, ~ext due, plua the premiums thst ~vill ne~t beoome due aad psqsble
on policiea of fire aad other hssxr+d inauraace covering the mortgaged PmP'~Y Plue taxes end aasessmer,te
next due on the mor4r~?gpd P~P,~Y ('?1I ua eatimsted by the Mortg~agee au~ of whioh tbe 1r!ort~aaor is
notified) te~s alt enms alre~y pud thenfor divided by the number o! mantha tc tls~~pee befocs ane month ~
priar to the d~?te wbea auch around reate, pnmiuma, ta~cea, saa e~ea~ats will Leoome delinqueat,
euch sums to be held hy Mort~ageeintniattopsyesidgroundnnte,pnmiums,taxee,aadspecisluecaamenta. ~
(bti ~'he aggngate ot the amounta pa? at?le pursuaat to subp~rsgxsp6 (a) aad thoeepsye~le on Lhe aote aecund
henby, ahall be p?id in e~n~e Pe?Ymm! eACh month~ to be upplied La the l~Io~ring items in t~e order
atsted
(I) Srouad nata, tssee, aeee,~cmr,nis, 8re~ and otber hasard i4aurana premiuma;
(II) intertst oa~ the aote secured bereby; aad
(IIn smortiution of the priaapal ot aaid note.
Any.deficiency in the amount of auch aggregate monthly p~qment shall~ unleee msde gaod by the Mort-
gagor prsor to t6e dua d~te of !i~:~ aext a~lch p~yment~ censtitute sn even6 of defsult under tl~is mortgage. ~
At Mortgsgee's option, Mortgagor ~?ill psy •"Iste ch~rge" not ezceeding four par centum (4~Jo) ot any insts7!- ~
m~nt when paid more tban 6ftcen (15) da~ya siter the duc date thereof to oo~er Lt?e extrs expensa ia~rolved in p~ ~
handiing delinquent ~aymeAta, but aucb 'lRte clisrga" ahaq not be psyable out o! the proceeds of any snle p
made to satiafy tbe mdebtddness eecured hereby, unless such pmceada are su~cient to dischuge the entir~
indeb~,ednas sad all proper casta and expenaes secured thareby. • ~
3. 'Tt thP tatal ot the psytinenta made b~ the Mangagor under (a) Af pars~crapl~ 2 greceding sh~?ll exceed
!he smount ot pr?,vmenla aclunll~ riiarlP b~• t~e Mort~s~ee, aa truatee, for ground rents, t,axes and ~eaes~ments, ~
~nd insursnce premiun~a~ as the csae ~nsv be~ auch excess al~sll be credited on subsgyuent psyments to be made M
by tAe Morigagor for such iterns or~ at Mortgagee's optioA, ae trustee, shall be retunded to Morigagol. If, t,f~
however~ svch rnont}ily~~symenta sfi~li not, bc auffi~i~nt to par such items ~?hen the wne ~hall beeome due Q
~?nd pay able, then tl~e Mortga{tor s4r.11 pav ~o the MortR~gee, ns truatee, anv amotint ntce~stry to m?ke np ~
tht de6ciency. Such ps}~ment s{?sll be macie within thirty (:30) dsvs attsr written no~ioe tcom the Moxtgs~e
at~ttinit t~e au?ount oi tbe d~ciancp, which nouce msy b~ ~ven b~ cnail. I! an~ ~s tbe ~'1a~tf'~i~os aLV1
c:.:,a,: ---'.:."~'.`:'`~_-'-'^_:'~'-~---~^r-< . .r..__-