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HomeMy WebLinkAbout0505 ~ PROVIQED ALMAYS. and thls ~tflnpe Is m the e~ress oordltlon. thet ff the Ibrt(~apor eh~ll r~ell and truly ptY u~to the 1brt~apee the c~ld su of ~ayey rentlonad In seld pralssory note referred to hereln and seo~red hereby and any r~ls or extenslor~s, tt~eof. any furtt~er advarx~es and any ottw Indebtect~ roferrred to hereln. In M~tever fon, and th interest thereon as It ahall beoor duB. aooordir~p to the true Intent ard ~nir~p thereof, topetMr r~ith all ooste. clnrpes ind e~enses, Ir~cludir~p a reasaieble attorney's fee, r~h~ch the Yortpepee ~ny Incur or be put to In oollect~ro the s~¦e by foreclas~re or otherNise. or in protectlr~p the eearity of the Yortpepee. N~ether by cult or otl~erwtce and ah'II ~wll and truly keep. observe, perfon~ oo~ply Nith and abid9 by eefi eM ev6ry the stlpulatlons. rpree~ents. ooMltlonB ~rtd oovenants of sald pra Issory mte aM this ~ort~e as and M~en requlred thereby then thls ~ortpepe aM the estate hereby created s~all cease arxl be nu I i and w Id. othe~ I se the sa~e st~a I I rese In of b ind ir~p foroe and ef fect . IN MITI~ESS 11fRE0F the sald Yortgsgor has wCe. e~aeatted, eealed aM delivered this ¦ort~e an the dey and year first above rxltten. THIS IS A BAl.L00N I~AORTGAGE SECURING A VARIABLE RATE OBLIGATION. ASSU111NG THAT THE INITIAL RATE OF INTEREST WERE TO APPLY FOR THE ENTIRE TERY OF THE I~iORTGAGE. THE FINAL PRINCIPAL PAY~IENT OR THE PRINCIPAL BALANCE DUE UPON Ir1ATURITY WOULD BE APPROXIb1ATELY 5273,450.00. TOGETHER wITH ACCRUED INTEREST, IF A~IY. AND ALL ADVANCENENTS YADE 8Y THE 1~10RTGAGEE UNUER THE TERYS OF THIS MORTGAGE. THE ACTUAI BALANCE DUE UPON I~IATURITY YAY VARY DEPENDING ON CHANGES IN THE RATE OF INTEREST. Si~ed. led and del ivered C.C. ARl~LD E!(iERPRISES, I1~. in the of: / . - / , ~-~-L ` Br ~-~-.~~s~_«.~~ ~:.,-it~,t-~ts~u.~ ~ . a~r~ c. ~ ` ~ , ~ ' - j" - ~ ~ts ~es~dent : ~ ~L"~~ (Corporate Seal) v . ~ ~ ' ~ ~ ~ v,' ~ . - . ~ ,J t~: o~~ : . ~ . : ; c~~-t : ; . : r' u , ~ ~ o: , r I r , , . - i f/ . ~ i c~~•~ i . ~~~~r,.. .~~N .,~N ~ • • ~ ~ STATE OF FLaZIDA ~ COUNTY OF WRTIN ~ Before ~e personal(y appeared, CUIREt~CE C. ARlqLD, P~esldent of C.C. N~qLD EHfERPRISES, I1~.. ~ ~ to ~e rre I I io~om and I~o~n to ~e to be the i nd i v i daa I or I nd i v I due I s descx i bed I n and rfio ezeatted the fore~o i r~p Ibrt~a9e . ~ who adcnoN I ed8ed before ~e the e~aecut 1 on of the sa~e f ree I y and v~n I intar I I y for the purposes tt~e I n e~ressed . ~ pITt~ESS ry haM and offlcial seal this 17th day of Jarx~ery . A.O.. 1 90 ~ E€ t ,~:Iitiltl. . i . ~ Notary RbI Ic i ~ • 6 ~ V • ` ; . ' ~ ~'Q v t`lot~r• P.,,~„1:. :it'.2 " • ly Ca~isslan E~ires: ' c! t:_~ Ji ' ` ~1y Commisuon Eapires ~+u • g. 9, i491 ~ _ ' ~ ' ~ ~:A~ b~d~d iMr i~or ie;,,, w, ~ . J~ , ~ ~ ::~,4~. kc. ~ ~ • ~ " 1 ' . ~ l~•~c F~ ~ : -4- ; € ~ r r ~o~x 67~ PAGE 505 ~ ~ _ _ y. ~ ~ .