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20 No Transfer. It ~s understood and g eed by Mortc,~agor that as part ot the ~nducement to Mortgagee ?o rnake tr~e ~
ioan ev~tlenced by the Note. Mo~tgagee has cons~oeied and re~~e~ on the cred~t wo-th~ness and re~~ab~i~ty of Mortgagoi Mortg~gor ~
covenants and agree~ ~e? to se~!. convey. t~ans!er. !e?~ a f~!~tne~ encumt~r any ~nierest ~n nr any part ot the Mortgaged
P!operty w~thout ihe pr~or wntten consent ot Mortgagee. and any such sale. conveyance. transfer, lease or encumbrance
made w~thout Mortgagee's pnor wntten consent shall be vo~d It any ~erson should obta~n an ~nterest ~n at~ or any part o!
the Mortgaged Propeny pursuant to the execuUon or entorcement of any hen. secur~ty ~nterest or other nght. whether supenor.
eq~al or subord~nate to th~s Mortgage or the I~en hereot. such eveni shall be deemed to be a transier by hlortyagor and ~
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an event oi detauit hereunder =
2t Default Rate. The Detault Rate shal be the h~ghest rate perm~tted by apphcable law
22 Changes t0 Mortgage. Afl char~ges. anerat~ons. delebons or add~t~ons to the substance d any paragraph m th~s Mortgage
wh~ch have been agreed to between Mortgagor and Mortgagee have been ~rnUaled by Mortgagor as add~t~onal proof ot
Mortgagor's consen!
'23 Additional Paragraphs. In the e~~ent Mortgagor and Mortgagee agree to furthe~ covenants ~n th~s tvlortgage requ~r~ng
an add~t~onal paragraFh or paragraphs. such paragraph or paragraphs shall be attached to th~s Mortgage unde? the head~ng
of R~der" and shall be part of th~s Mortgage as d set out ~n full herem
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IN WITNESS WHEREOF, th~s mstrument has been executed on the date f~rst above wntten ~
S~gned. sealed and d2~~vered
~n the presence ot
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THIS IS A BALLOON MORTGAGE AND THE FINAL PRINCIPAL PAY!lENT Ok THE
PRINCIPAL BALANCE DUE UPON MATURITY IS 8747i.92 , TOGETHER WITH ACCRUED
INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE
TERIlS OF' THIS MORTGAGE. ~
~ S J C V L L A i
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(Afhx Seat rt
ApphcaGle) ;
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STATE OF . )
COUNTY OF 5'~'~~ )
~ 12th JAN. 19yU
! The forego+ng ~nstrument was acknowledged before me th~s day of
!
~ by JAMES J. CARAVELLA AIDA L. CARAVELLA
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PREPARED BY / RETUkN T0:
~ ~34 D.RINALDI
BARNETT BANK OF ST. LUCIE CuUNTY
' tate of Flonda at Large
~ 2300 S. E. N I DPORT ROAD No~ry ubl c, State of Naw Yoric
! P4RT ST LUCI£, FLORIDA 34952 No.30~4761712
~ ~o t?ualified In Nasseu Coun
, II~~~ Exp~res.~'~/~O
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~ 'Th~s paragrap~ must be completed pnor to execuUng th~s Mortgage
~ LOT 8, BLOCK 3195, POkT ST. LUCIE SECTION FORTY FOUR, Ac:C~RDING Tu THE PLAT
~ THEREUF, RECORDED IN PLAT BOOK 16, PAGES 23, 23A THROUGH 23U, UF 1HE PUBI.:~
~ RECCRU5 OF ST. LUCIE C~UNTY, FLORIDA.
~ 1022250
'90 JAN 30 A11 :14 ~
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