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<br />MORTGAGE DUD
<br />TO C9.,ORAHON nOM !ND/VIDUAl
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<br />DON ROSS PRINTING - OADE CITY, Fl.. . 904/ 567-5459
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<br />Ihis mortgage Jeed
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<br />THIS IS A BALLOON MORTGAGE AND FINAL PAYMENT OR THE BALANCE DUE UPON
<br />MA TURITY IS $ 1 7 ) q 4 7. 1 1 , TOGETHER WITH ACCRUED INTEREST, IF ANY, AND
<br />ALL ADVANCEMENTS MADE BY MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE.
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<br />1:.H'CflIt'rl ,11f' 25
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<br />rlay of
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<br />April
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<br />A. D. 1984 l,y
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<br />JOSEPH R. MADRID and LOUSIE L. MADRID,his wife
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<br />11t'''';/Ioflt'r callerl ,lie morlgaflor. 10 THE BANK OF PASCO COUNTY
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<br />CI corporal;on exislinfJ IIne/er I/le laws of III(' S'olt> of FLORIDA II-ill, ils p('rrnanenl poslollic('
<br />nrldress 01 POST OFFICE BOX 127, DADE CITY, FLORIDA 33525
<br />"t're;/w{lpr coll('rll/lP morlgoflep:
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<br />(Whf'u'\'rr usrd h~rrin the trrm!'l l'mort~a.ctor" and Hmort~a~t'e" indudC" all the partiC'!'l to this in~trUmf'nl and ,he heirs.
<br />Irgal rrpl"f'srntativrs and assilll:fls of individuals, and the SUCff'SSOr!'l and a"silll:n~ Hf rorporations; and the tf'rm "notr"
<br />indudt'" ..II the n.,tr!'l hf'rf'in drs<:rihcd if murf' than onf'.)
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<br />lilIilnesselh, 111(11 for good anel valual,lp consicleraliolls. ancl also in consideralion of Il.e aggre-
<br />flnlt' sum namt'cI in II,e promissory nole of even dale I,erewil"- I,ere;,wiler dcscril)e(/. 11.1' morlgagor ',ere-
<br />hy wanls. harf/ains. s('lls. ali('ns. remises, conveys and confirms unlo Ihe morlgaflee all 111e cerlain land
<br />of wldcl, IIIe morlflClflor is now spiz('d ancl in possession silllale ;n P as co Counly,
<br />Florida. I'iz:
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<br />Lots 1 and 2, Block 15, Moore's First Addition to
<br />Zephyrhills, Florida, as the same are numbered and
<br />shown on the map or plat thereof recorded in Plat
<br />Book 1, page 57, of the Public Records of Pasco
<br />County, Florida.
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<br />3/,50
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<br />Documentary Till( Pd. $
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<br />461.00
<br />$ - -
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<br />. l!ltanDibll'l Tax Pd.
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<br />r.J7 fl!il !;? fl 696 30
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<br />43
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<br />31.5fl 0.;
<br />112.1J!I I'
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<br />90.rjn c:
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<br />By
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<br />Deputy Clerk
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<br />MORTGAGOR AND MORTGAGEE AGREE that in the event mortgagor
<br />exercises the right of prepayment granted hereunder, then as
<br />a prepayment penalty, the service charge or loan origination
<br />fee collecte~ by,the mortgagee shall be forfeited in full by
<br />the mortgagor.. .
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<br />THE UNDERSIGNaD MORTGAGOR UNDERSTANDS AND ACKNOWLEDGES that
<br />the final payment is a projection of the anticipated amor-
<br />tization of the loan and may differ from the actual unpaid
<br />balance at the maturity date.
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<br />FINAL PAYMENT 'REFINANCING IS CONTINGENT ON payments having
<br />been made as agreed, interest to be at the prevailing rate
<br />and that the property has not been conveyed in any manner.
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<br />If the property herein described should be sold or otherwise transferred, at voluntary or judicial sale
<br />or otllenvise, or if any part thereof should be so transferred, mortgagee reseroes the right, at its option, to
<br />declare the entire indebtedness secured hereby due and payable. Mortgagee shall have waived such option to
<br />accelerate if, prior to the sale or transfer, mortgagee and the person to whom the property is to be sold or
<br />transferred reach agreement in writing that the credit of such person is satisfactory to mortgagee and that tile
<br />interest payable on the sums secured by this mortgage shall be at such rate as mortgagee shall require.
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<br />O.H. 1331 PG OR4F\
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