HomeMy WebLinkAbout0936 _ - ~ . '1 . ;
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~rutt~dp~ ~l~u~y~a, tliat if sni~l ?1lort~'a~nr ,sliull ~aJ ic~tto tlr~ sai~~ Jfl'o~~f~cZ~ee
the certain prunii.tisor~ rtrste, of' t~?/rtclr. tlie j'ollou~i~ig .:ja tt?oi•ds cc~td fl~«res is a trt~e cop~,
~ to wit: -
. . • , ' ~ ~EMINOLt F6RM
AtsAY~4~ NoN. fM. ~riC~M~ hY~ ~ I~AOa?ilI fsM~wc~~4 • IM~n~~ IncA:Mdl' .
~ Mort~nge Note ~ ~,u us t 30 ~ $ 2 I'
Jens en. .Beach fio•~~, ~9 ,
s...........~Q.,.O.~Q..,..44... . . :
f 4
R V A L t I E C E~ V ED th~ undo~si 9n~j proc:~~ses lo paY lo Iha wder o( _ '
..................MI.Gr.L.~?~I.....~.~_...PALLAS....a.nd...G~~R~~ .p., ...ANTHONY............................................................................_..........................
~ ThirtV Thousand $nd no/100-------°-.-----"--------------.~.-.-...-.~..~o~i.~s
` M. princ~p.~ :w„ et.. _ . .
...............1..............................
~ u8_ . ,,,,.~..Q,.~.....19 8 ~ I .
to~tMt with MNtNt tfi~vo~ ai ~M ral~ d........ .............pK c~n! p~r annum from.......
w+til nwtwily, bWh printipal ~rtd int~nsl boin4 .~aYsble in lswful Mon~y of ?he Unilw~ Slst~s, wch pnnup+l wm ~nd inN~N p~yaW~ i~ insl~llm~?t~ ~s (utlows:
In constant monthly instal.lments ~of priofieach8monththere~:ftertwith tY~e ~ ~
amount of $338.36 due on the 30th day ~
_ first such monthly payment due
on
Sep~etn er 30., 2982. All unpaid princip
and interest shall. be due and payable one~uop s~m on August 30 , 1987•
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~.s note rna be prepaid at any t~~i~hout penalty.
. Th Y
~ Such installnwM paYta~nts ihall b~ ~ppli+d Frst fo tM in?wK1 ~ccruing undK tl;~ tanns d Mis nW~ ~ th~n lo ~ r~duciion d fh~ principrl ind~bt~dn~ss.
iM ~k~n and ~ndc+~i of this not+ hxth~r ~grM to w~iw d~nund. no1 ics d non-P+Ym~+l ~nd P~a~t, a~d in tM ~wnl wet :h+fll b~ ~xoupht _ fo~ tM
" coN~ctioe Mrwf, or tM s~w Ms to b~ coJ~t~d upon d~man~ o( sn sttwrnY, ro WY rwsonabb sltott~t f~a (a R?ating su~fi toll~ction. All p~rn~+1s h~rt .
~ rnd~r ~wil bw iMraM at iM rsr~ oi........,<<:~}...PKUnI p~r ~nnum hom rraturity until p:i~. This rwb is s~cund bp a nwrtpap~ d w«+ d~t~ I+Kwvi~h snd is to
b~ ca?qrwd and ~n(orc~d accordiny lo ~h~ laws d th~ Slal~ o( florida: upon d~f+uN in IM Ip+Y~+~ d Pn^~'P+~ +~~o? intwsl whw+ dw. ~h~ whol~ sum d
ptinapal and Fnhrsft nresininp uepiid shall, ~t tM option ot tM ho"~d~rs, oeco~ imm~diat~ly dw snd WYsbl~. f~iWn lo aurci~ this an+ion shall nol const~ruh
• w~iwr d tl» ripM to ~xKCis~ th~ sarrv~ in tM ~v~n1 of wbs~qusnl d+lai+~t•
. . SEAI
' 3200 No ~ AlA A t . ~ ~ .
vri,~. w........... . r.........~.... ~.....2G2
. ~ FRED B . GILL~, ~JR.;..
, Fort Pierce, FL 33450 ~ ...........................................................................:..............~sE~~~ -
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a such othar ptacw as sMlt b~
~ dssipnat~d by tM holdK of this • , .(SEAt) '
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nol~ in wrden~. . "
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a~r shall er o~na com li teith a~id abide bt e~t~eja ~rnd eL~er - t)ie sli ulations ~
~ 1~ l ~ - n ~ J P ~
ccgre~naent,s, conditions aixd covenants vf said pronz.issory note und of this deed, then i'
this deed and th,e estate herebJ created shall cease and be null and uoid. ~
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~ ,t~r~ the suid J~Ic: t~agor hereby ~oaenants and Q~rees: - . ~
; .1. To pay a~l ancl sin~ular the principal nnd interest and otl:er sunas v~ money
I-- paya~le bJ virtue nf said promissorJ note a~rd this ~leed, nr eitlacr, prnmptl~ o~i the
cla~s respeetivelf the scrnie severall~ eonte du~. -
T~ pa~ crll ~n.d si.~t~si~lar tlae taxes, assess~nn,n.ts, levies, 11Q~)IIIt16C, r~bli6utions _
an.d encumbranees oj ever~ natt~.re un said ~descrebed pro~ert~ ea~h a~r.d evetJ,. and
, - if the same be not_ promptly paid the sctid .hiort~Yi~see may at acny time par~ the sccme
~ u~ithout waiving or afj`'ecting the option to foreclose or any ri~ht hereunder, an_d eve.ry
~ , payme~at so made shal~ bear interest from. the r,~ite thereof act th~ rate of ~i~RTEEN
~ per ce.nt. per annum. . -
t ?`o pa~,~ all nnd sin~sular the costs, char~~4 an.~l expenses, i~r.cl~uling law~er's
fees, reasonccbly ineurred or pctid r~t c~ny time ~iy said .~ort~agee beea.use of the facilure
on the part of ~he sa.id .1L~ort~'uc~or to per,~'orm, eom~nly u~~th a~ad ubide by each. ar~
$ve~y ~he stiptclations, c~~reement.s, condi-tt=ons and coven!znts of' said pr~massory note
and tl~~i,s de~d, or either, and er~ery such payrrtent sh,alt bec~r interest from date at the
rate of T1:IRTEEN per Cent. ~E~ annzcm. . ~ :
- ~ Tv keep ttte bui.lding n.otu or Iterezlter o~~ suicl ia~td insi~recl in a sicm not -
less Ghan ~ ~ _ - =
I~iAXIMUM- II~SURABLE VALUE Dollurs, in a comp~n~ ot c~~mpu~ties to
be approved br~ said .RTort~'a~ee, c~nd ~he polic~ or_ policies h:eld by Qnd pciya,ble to sdid _
~ - ,~~f~rt~a~gee,~and i.n t,'r~ event any su~n of monpy becomes payahle under such ~olicy or
_ policies, the JlSort~sa~ee shal.l ha.ve the opti,on. to reeeive and up~vly the same on aceozcnt
of the indebtedness hereby secured or to ~ermit the .M~ort~agor t~v receive and use it, or -
any pc~rt thereof, for oth,er purposes, wi-`.hout therebr~ waiuin~ nr impai~rin~ any equity -
~ lien or right under or virttce of thi.s mort~a~se, an~ rrr~r~ plcue ~tnd pa. f for stcch
insuranca or any part thereof, without waiving or af~'ectin~ th.e option to foreclose or :
_ = any ri~ht hereunder, an~ each anci every such payrnent shall bear inte~est frorrz d~te -
_ . at tlce rute ~f 1'}iIRTELN per ceri.t. per annum.. -
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