HomeMy WebLinkAbout2482 20 No Transfer. it ~s unders?ood and agreed by Mortgagor that as part of the ~nducement to Mortgagee to mai~e the
loan ev~denced by the Rote, Mortgagee has cor.s,dered ana rel~ed on the cred~t v~orthu~ess ar~d rel~aai~ty of Mortgagor Mortgagor
covenants and agrees n~t to setl, convey. transter, tease or turther encumber any ~nterest ~n oi any part o1 the Mortgaged
Property w~thout the pnor wntten consent of Mortgagee, and any such sale, conveyan:.e. transter. eease or encumbrance
mads w~ihout Mortgagee's pnor wntten c~nsent shaii be vo~d if any person snould obta~n an ~nterest ~n au or any part ol
the Mortgaged Property pursuant to the execut~on or entorcement of any I~en. secunty mterest or other nsht. whether supenor.
equa~ or subord~nate to thtis Mortgage or the i~en hereol. such event shall be deemed to be a Vansfer by Mortgagor and
an event ot defau~t hereunder
21 Default Rate. The Defa~it Rate shall be the h~ghest rate perm~tted by appi~cable law
22 Ct~snges to 1iAort9sge. A!I changes. al±eraGOns, deiet~ons a add~t~ons to the substance d any paragraph ~n th~s Mortgage
wh~ch have been agreed ta betK~een Mortgagor and Mortgagee have been ~n~baled by Mortgagor as add~bonal p?oof of
Moitgagor's consent
'23 Additional Paragraphs. In the event Mo~tgagor and Mortgagee agree to turthe~ covenants m th~s Mortgage reqwnng
an add~t~ona~ paragraph or paragraphs. such paragraph or paragraphs sha~l be attached to th~s Mortqage under the head~ng
o~ "R~der" and shall be part of th~s Mortgage as ~t set out m tuU here~n
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IN WITNESS WHEREOF, th~s mstrument has been execute~ on the date f~rst abave wntien ~
S~gned. sealed and del~vered
+n the presenee oi ~
THIS IS A BALLOON MORTGAGE AND THE FIHAL PRINCIPAL PAYMENT OR THE
PRINCIPAL BALANCE DUE UPON MATURITY IS ~12337.36, TOGETHER WITH
_ ACCRUED INTEREST, IF ANY, AND ALL ADVANC NTS MADE BY THE MORTGAGEE ~
~,,,7 U R HE TERMS OF THIS MORTGAGE. •
J '
r •
~I ~ HAE H SM
~ _
ALICE^/. SMITH
t/ / ~ iM~1 ~.VW~l~ ~CJJWY'
, W~~ ~ ~ , ~ ~ KENN~TH . REPASS ~
~ , , : ~s-~_ , , /l/~''p~. ?
~~d~ ~ ~
WITt~: f; LINDA S. REPASS ~
(Afi~x Seal ~f 1
FE~ ~ ~ ~2 ~ APPhcable) ~ ~
1022839 ~ ~
9,
ST.ATE OF FL~RIDA ) F~Lt~i rhu RE'.,~~+':' ~
~Ql~~l AS „~~OM _ ~ ~
COUNTYOF ST~'~!!!!.'!'s S1 1i1~._ 1~,1N~ . '
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The forego~ng ~nstrument was acknowledged betore me th~s 26Tt'I day of JAN. 1990 , ;
,
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~ by riICHAEL H. SMITH AND ALICE M. SMITH AND _
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~ KENNETH W. REPASS AND LINDA S. REPASS, HIS WIFE
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PREPARED BY / RETURN T0; •
#34 D.RINALDI
` BARNETT BANK OF ST. LUCIE COUNTY ` Notary Pubhc, State ot FI ~da~t'l..arge
~ 2300 SE MIDPORT ROAD
~ PORT ST. LUCIE, FL 34952 ` t>''•,
~ My Comm~ss~on EfIp~SWt ~ : ~ ~ : J =
~ ~11 N iMr111 !t l~ - _ : F-- • : u ~
w oeM:,w. E~ h? p. o ~7 ~
¢ - e. . d
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~ 'Th~s paragraph must be completed pnor to execut~ng th~s Mortgage. . •
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~ LOTS 1~ 2, BLOCK 2442, FORT ST. LiICIE SECTION THIRTY - FOUR, ACCORDING
` TO THE PLAT THEREOF, RLCORDED IN PLAT BOOK 15, PAGES 9, 9A THROiTGH 9W OF THE
PUBLIC RECORAS OF ST. LUCIE COUAITY, FLORIDA.
~ Cscr. a:~; o; St. luzie Count~l, inc.
~ ~ ~ F,~~~ _ a
BOOK~ ~GE~~~' .
~s.