Miscellaneous
InterOffice Memo
May 5, 1998
TO:
Sandra Carlilse, Director, Monroe County Finance , 0 \f
Richard Casey, Jr., Program Coordinator, Special progr~K G~'
Office, MCHA
FR:
THRU:
Laura Hartle, Monroe County Finance
cc:
Roger Braun, Director, Special Programs Office, MCHA
Rob Wolfe, Assistant County Attorney, Monroe County
RE:
MORTGAGE PAYOFF, MONROE COUNTY SlllP
PROGRAM
Enclosed please fmd a check payable to Monroe County in the amount of
$14,000.00 from Tri County Title & Trust, Inc. This check represents the full
balance of a mortgage loan made under the Monroe County SIllP Program.
The borrowers are David and Ana Braun. A copy of the recorded mortgage is
attached.
I have prepared a Satisfaction of Mortgage and forwarded the original to
Assistant County Attorney Rob Wolfe for execution. A copy of the
Satisfaction is attached.
Please deposit the funds in the local SIllP Trust Fund Account.
Should you have any questions, please feel free to call me. Thank you for your
attention to this matter.
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SPECIAL MEETING
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date:
May 13,1998
Division:
County Attorney
Bulk Item: Yes_ No
AGENDA ITEM WORDING:
Approval to execute a Satisfaction of Mortgage for payoff received on a Mortgage to
Monroe County under the SHIP Program for First Time Homebuyers.
ITEM BACKGROUND:
Mortgage issued July 6, 1995 for $14,000 to David and Ana Braud, for the purchase of
Lot 15, Block 8, Tropical Atlantic Shores, Tavernier.
PREVIOUS RELEVANT BOCC ACTION:
None.
STAFF RECOMMENDATION:
Approval
TOTAL COST:
BUDGETED: Yes
No
Cost to County:
APPROVED BY:
County Attorney -L OMB/Purchasing
Risk Management
DIVISION DIRECTOR~~
DOCUMENTATION:
Included
To Follow
Not required
AGENDA ITEM #
InterOffice Memo
May 5, 1998
TO:
Rob Wolfe, Assistant County Attorney, Monroe County .~
cJC ~)
Richard Casey, Jr., Program Coordinator, Special Programs 1) .R.~'7' r
Office, MCHA
FR:
cc:
Roger Braun, Director, Special Programs Office, MCHA
Sandra C, Director, Monroe County Finance
RE:
MORTGAGE PAYOFF, MONROE COUNTY SHIP
PROGRAM
Enclosed please find a Satisfaction of Mortgage prepared in conjunction with a
payoff received on a Mortgage made by Monroe County under the SHIP
Program for First Time Homebuyers. Please arrange for the proper execution
of this Satisfaction of Mortgage. Please return the executed document to our
office for recording.
I have provided a copy of the check payable to Monroe County in the amount
of $14,000.00, along with a memo to Sandra Carlisle requesting acceptance of
the funds. In addition, a copy of the recorded mortgage is attached for your
revIew.
Should you have any questions, please feel free to call me directly at
292-1221. Thank you for your attention to this matter.
,. .
. ,
, .
J{~
903802
~~~ I 3 6 4 PAGE I 2 3 7
THIS IS A B:~LLOON \10RTGAGE \\ll-IERE mE PRJNCIP.~ BALANCE DLe
LroS ~1.~TlJRJn" IS S 14,<XD.OO . "TOGETHER WlTH ACCRtJED
INTEREST. IF ~~.
~'cU ALL ADV4~\lCEMENTS MADE BY THE MORTGAGEE
L~ER l11E TER.~S OF THIS SECONU t\10RTG.-\GE
SECOND MORTG.~GE
(Due on Sale, Refinancing or Rental)
COlJNTY OF MONROE . '. ~ /2. ~1JJ1}.
SHIP LOAN PROGRA,\1 ~ ~ fYP
tv \.Jut ~
TInS SECOND MORTGAGE is made this ~day of .~ , 199 ~
bet\\"een the Mortgagor, IBv:id arrl t\nq Rn:I if, R rrmri frl en lpl p
(herein the uBorro"oer-). and the ~fong.agce, the COlJNTY OF MONP,-OE. an agency and instrumentahty
of the State of Florida. \\'hose address IS Monroe County Courthouse, 500 \\ lutehead Street Key ""est.
Flonda 330~O (herein the "Lender").
\\ "HEREAS, the Borro\\er has applied to ~ Cnnty ("Paruclpanf') for a
loan for the purchase of the Property (as defined herein), \\"hich ~1ongage Loan shall be secured by a first
n10ngage lien (the "First Mortgage~') in favor of PartiCIpant. the Borro\\"er bas applied to the County of
}wtonroe Special Programs Office for a SHIP Program Loan in the original principal amount of
fa.rtEen tlnJsarrl am m CEnts OOLLARS
<$ 14,(IT).m ) (the uLoan"), the Borro\\'er. along \\lth hislherJtheir famiJ)". intends to reslde
as a household in the Property (as defined herein), which Property is a single-family residence. and
VvlfEREAS. the BorrO\\'er is indebted to Lender in the principal sum of
fa.n:t.een tlnJsard am m cents DOLLARS ($ 14.cro.OO
\\-hich Indebtedness is e\idenced by the Borro\\'er's Pro s : Note dated 6-]0 . 1 99L.
and e:\"lenslons and rene\\"aJs thereof (herei~ote") , 'ng for pa~ment of pnnClpal mdebtedness. 1f
not sooner paid due and payable on ~.. 2025. TO SECURE to the Lender the
repayment of the indebtedness e\idenced by the Note: the payment of all other sums.. advanced in
accordance herrnlth to protect the security of this Mongage: and the performance of the covenants and
agreements of the Borro,,'er herein contained. the Borrouoer does hereby mongage. grant and conY~" to
Lender the follo\\ing described property located in the County of Monroe. Slate of Florida:
lot 15, Block 8, 1Rl?ICAL A1lANTIC 3-rnES, ~ Canty, Florida
"ohich as the address of
156 0:.ea1 Drive
(Streei)
Florida. 33)70 (herein the ..Propert)~ Address"):
(Zip Code)
Tavernier
(City)
TOGETHER '\\ith all the improvements no\\' or hereafter ereded on the property, and all
easements, rights, appurtenances and rents, all of \\'hieh shall be deemed to be and remain a part of the
property covered by this Mortgage~ and all of the foregoing, together \\lth said property (or the leasehold
estate if this Mortgage is on a leasehold) are hereinafter referred to as the "Property."
This instrurnent l\ 'as prepared
by:
Gerri Sidoti
--5p:ri,q 1 PntT::Jffi Offic.e_
,.___lW3 12th StrEet ".
KPy ~~t, F1 1~
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903802
:~~ I 3 6 r. PAGE I 2 3 8
BORRO~'ER CO\ 'ENA}~'TS. represents and \\'arranlS to the Lender and Its SUcttSSOB and
assigns that Borro," er IS 13\\ fully seized of the estate hereby conveyed and has the nght to mortgage. grant
and convey the Property. and that the Property is unencumbered. except for the mortgage hen of the First
t\tongage In favor of Par\Jclpant and for other encumbrances of record. Bono,,-er CO\'enanLS. represents
and \\ arrants to the Lender and its successors and assigns that Borro\\er \\ill defend generally the utle to
the Prope~' against all claims and demands. subject to the mongage hen of the First Mongage and other
encumbrances of record,
BORROWER FURTHER COVENANTS and agrees \1.ith the Lender as fol1o,,'s:
I Pa,ment. The Borro\\'er shall promptJ}. pay ,,'hen due the indebtedness e'\ldenced by the
Note
., Prior Mongages and Deeds of Trust: Charges: Liens. Lender and Borrtn\-er
ackno,,-ledge and agree that this Mongage is subject and subordinate in all respects to the hens. terms.
covenants and conditions of the First Mortgage and to all advances heretofore made. The Borro\\'CJ' shall
~rform all of the Borro,,-er's obligations under the First Mortgage and any other mongage, deed of trust
or other securit)' agreement \\ith a lien \\"hich has priority oyer this ~iortgage. including the BoflO\\-eJ'.s
co\'enants to make pa~ments \\hen due. The Borro".er shall payor cause to be paid all taxes. assessments
and olher charges. fines and im{X>sitions attributable to the Property ,,"luch may attain a pnority m-er thJs
!\-Iongage. and leasehold pa~ments or ground rents. if any-
3 - Hazard Insurance. The Borro".er shall keep the rmpro\'ements no,,' existing or here3fter
erected on the Property insured against loss by fire, hazards included \\ithin the term -extended
coverage'.. and such other hazards as the Lender may require and in such amounts and for such period as
the Lender may require.
The insurance carrier prO\iding the insurance shall be chosen by the Borro\\-er subject to
apprm-al by the Lender. pro\ided. that such appraral shall not be unreasonabl)" \\ithheld All insurance
pohCles and renevials thereof shall be in a form acceptable to the Lender and shall include a standard
mongage clause in favor of. and In a form acceptableJo the Lender. The Lender shall haye the nghl to
hold the poliCIes and ren~\.als thereof. subject to the terms of the First Mongage and any other mongage.
deed of trust or other security agreement "ith a lien ,,'hich has priority oyer this Mongage.
In the event of loss. the Borro\\.er shall give prompt notice to the insurance carner and
to the Lender. The Lender may make proof of loss if not made promptly by the Borro".er,
If the Propert)" is abandoned by the Borro\\.er. or if the Borro\\-er fails 10 respond to the
Lender "ithin thirty (30) days from the date notice is mailed by the Lender to the Borro,,'er that the
insurance carrier offers to settle a claim for insurance benefits. the Lender is authorized to collect and
apply the insurance proceeds at the Lender's option either to restoration or repair of the Property or to the
sums secured by this Mongage.
-l. Preseryation and Maintenance of Pro~rty: Leaseholds: Condominiums: Planned Unit
Deyelooments. The Borro\\'er shall keep the Property in good repair and shall not commit viaste or permit
impairment or deterioration of the Property and shall comply \\ith the prmisions of any lease if this
Mortgage is on a leasehold If this Mortgage is on a unit in a condominium or a planned unit
development. the Borro,,'er shall perform all of the Borro"~er's obligations under the declaration or
coyenants creating or governing such condominium or planned unit developmen~ the ~"-la'\\"S and
regulations of the condominium or planned unit developmen~ and constituent documents.
s. Protection of Lender's Security. If the Bonol\'er fails to perform the coyenants and
agreements contained in this Mortgage, or if any action or proceeding is commenced ,,'hich materially
affects the Lender's interest in the Property, then the Lender, at the Lender's option upon notice to the
Bomm'er, may make such appearances, disburse such sums, including reasonable attorneys' fees, and take
such action as is necessary to protect the Lender's interest in the Property.
Any amouniS disbuned by -iJle Lender pursuant to this Paragraph 5, \\lUl mt.erest
thereo~ at the rate of m'elve percent (12%) per annum, shall become additional indebtedness of the
BorroYier secured by this Mortgage. Unless the Borrower and the Lender agree to other terms of pay1DCI1t,
such amounts shall be payable upon notice from the Lender to the Borrovier requesting payment thereof.
Nothing cont~ed in this P~~gr;1ph 5 51:.:11 r~"-1:"._.., ,--- =....._::~u :, ~_...:..; .;.._-. .~.:.t-~~-~ _,;:. ~u; any ~Cijl
hereunder.
6. Inspection. The Lender may make or cause to be made reasonable entries upon the
inspections of the Property; prmided that the Lender shall give the Borrower notice prior to ~. such
inspection specifying reasonable cause therefor related to the Lender' 5 interest in the Property.
7. Condemnation. The proceeds of any aVtClId or claim for damages, direct or
consequential, in connection \lith any condemnation or other taking of the Property. or part thereo( or for
2
903802
~~~ I j 6 I. PAGE I 2 3 9
conveyance In lieu of condemnation. are hereby assigned and shaH be paid to the Lender, subject to ~
terms of any mortgage, <k"ed of trust or to the security agreement \\ ith a lien whIch has priority 0\ -er tlus
rv10rtgage
8 Bono\l. er Not Released: Forbearance B't Lender Not a Waiver. Extension of the time for
payment or modification of amortization of the sums secured by this Mortgage granted by the Lender to
any successor in interest of the Borrower shall not operate to release. in an)' manner, the liability of the
original Borrower and the Borrower's successors in interest, The Lender shall not be required to
commence proceedings against such successor or refuse to extend time for pa)-ment or otherwise modify
amonization of the sums secured by this Mortgage by reason of any demand made by the original
Borrower and the Borrower's successors in interest. An)' forbearance by the Lender in exercising an~'
nght or remedy hereunder. or othemise afforded by applicable law. shall DOt be a waiver of or preclude
the exercise of any such nght or remedy_
9 Successors and Assigns Bound: Joint and Several Liability: Co-Signers. The CO\'enants
and agreements herein contained shall bind and the rights hereunder shall inure to. the reipeCtive
successors and assigns for the Lender and the Borro\"er. subject to the prmisions of Paragraph 14 hereof.
If nlore tha none Borro".er executes this Mortgage. all covenants. representations. \\-arranties and
agreements of Borro\\-er shall be joint and several. Any Borro\\'er Ytho co-signs this Mongage, bJt does
not execute the Note~ (3) is co-signing this Mortgage only to mongage.. grant and convey that BoIl'O\\"er.s
Interest In the Property to the Lender under the terms of this Mortgage, (b) is not personally liable on the
Note or under this Mortgage. and (C) agrees that Lender and any other Borrower hereunder 1113)' agree to
e:\.'tend. modify. forbear. or make any other accommodations \\ith regard to the terms of this Mortgage or
the Note \\ithout that Borrower's consent and \\ithout releasing that Borrower or modifying this Mortgage
as to that Borro\\"er's interest in the Property"
10. Notice, Except for any notice required under applicable In. to be given in another
manner: (3) any notice of the Borro\\.er pro,ided for in this Mortgage shall be given by delivering it or by
mailing such notice by cerufied or registered mail. postage prepaicl addressed to the Bono\\"el at the
Property .-\ddress or at such other address as the Borto\\'er may designate by notice to the Lender as
pro\;ded herein. and (b, any notice to the Lender and/or the Federal National Mortgage Association
C-Fannie Mae''') shall be given by certified or registered maiL postage prepaid and if to the Lender at the
Lender.s address stated on page 1 hereof \\ith a cop.\. to lServicer} , if to Fannie Mac, addressed to
950 East Paces Ferry Road Atlanta. Georgia 30326, Attention: Loan Administratio~ or to such other
address as the Lender 013)' designate by notice to the Borro"'er as provided herein, Any notice prmided
for in W.lS ]\-tongage sh2.11 be deemed to have been given to the Borro\\'er Oi the Lenck.r \\'ben gi,~ in the
manner designated berein,
11. Governing La\v: Severability: Costs This Mortgage shall be governed by the lal\'S of the
State of Florida.. and to the e:\1ent applicable hereto. the la,,"S and regulations of the United Stales of
America. In the C\.ent that any pro\ision or clause of this Mortgage or the Note conflicts \\ith awlicable
law, such conflict shall not affect other pro\isions of this Mortgage or the Note which can be given effect
\\ithout the conflicting pro\ision.. and to this and the prmisions of this Mortgage and the Note are
declared to be severable. As used herein. ..costs", ue:\:penses" and ~attorneys' fees~ include all sums to the
extent not prohibited by applicable la\\' or limited herein,
12. Borro,,'er" 5 Copy, Borro".er shall be furnished a conformed copy of the Note and of this
Mortgage at the time of execution or after recordation hereof.
13. Rehabilitation Loan AJrreement. Borrower shall fulfill all of Borrower's obligations
under any borne rehabilitatio~ ~provement, repair, or other loan agreement ,,'ruch Borrower enters into
\lith the Participant, the Lender, at the Lender's optio~ may require Borrower to execute and de!i\'er to
the Lender, in a form acceptable to the Lender, an assignment of any rights, claims or defenses v..bich
Borro,ver may have against parties ,,'ho supply labor, materials or senices in connection l\ith
improvements made to the Property.
14. Transfer of the PrODerty. If all or any part of the PropeIt)" or any interest in it is sold,
transferred, gifted or othernise conveyed, whether by voluntary act, involuntarily, by operation of law or
otherwise, or if the Borrower is divested of title by judicial sale, levy or other proceeding, or if fon:dosure
action is instituted against the Property, or if the First Mov!.....app. i<; ~tim,.,~ "'r'1~f;~,,,,-4 ....~ if the
~lOpe.ty is leased or rented, all sums secured by this Mortgage shall immediately become due and pa)-able
as pro\ided herein.
Lender shall give Borrower notice of acceleration. The notice shall provide a period. of
not less than thirty (30) days from the date the notice is given as provided in Paragraph 10 hereof within
which the Borrower must pay all sums secured by this Mortgage. If Borrower fails to pay these sums prior
to the expiration of this period, the Lender may invoke any remedies permitted by this Mortgage \\ithout
further notice or demand on the Borro".er.
3
903802
~i~ I 3 6 II PAGE 1 2 4 0
With respect to those applicants in ~1onroe County \\00 have been selected and
appro\'ed by Monroe Count)' through a I otte f)' s)'stem for SHIP Loans uulizing the County of Monroe
SHIP program funds or other funds. any borrower \\'ho receives such a SHIP Loan may not enter into any
conuact for the sale or option for purchase of the property ,,;lhin the first three (3) years after ClOSIng
\\llhout first pro,iding \\nnen notice at Special Programs Office, clo Key WestJ!.Aonroe County Housing
..~uthorities. 1403 12th Street, K~' West Florida 33o.w of such intended sale to all 0\\' the County of
~1onroe to exercise its first right of purchase. The County of Monroe shall prmide wrinen notice of its
acceptance or refusal of its first right of purchase \\ithin forty-five (4S) ~~ of receipt of such \\Tinen
notice and. if it elects to purchase shall close on the sale of such propeny l\ithin ninety (90) days of
receipt of such \\Tinen notice, An). option to purchase the propeny (held by a purchaser other than the
Count). of Monroe) shall be exercised \\ithin sixty (60) days of its dated date and any sale of the property
pursuant to such oflion shall close \\ithin ninety (90) days of the date of the option agreement. The
purchase price shall DOt exceed the sum of all debt recorded at Closing against the property plus the
b::>rro\'"er" S 00\\11 payment and the appraised value of any additions to the property to expand the enclosed
h\ing space plus all). reasonable and customary selling expenses, This right of purchase shall terminate
upon acqwsition of the propert). upon any foreclosure of the Mongage Loan or acceptance by FHA \~_.\.
Fannie 1\1ae or the Lender. as applicable.. of a deed in lieu of foreclosure.
1:'. Acceleration: Remedies. Except as pro\ided in Paragraph l~ hereof. upon the
Borro\\Oer's bre3ch of any covenant or agreement of the Borro\\'er in tlus Mortgage.. including the
CQ\"enants to pay \It"hen due any sums secured by this Mortgage, or in the event that the Borro\\'er shall
iuye made materiaJ misrepresentations or material omissions in hislherltheir application for a SHIP Loan.
the Lender. at the Lender's option. may declare all of the sums secured by this Mortgage to be
rmmediately due and payable \\ithout funher demand and may foreclose this Mortgage by judicial
proceeding, Prior to taking any defaults action including acceleration of this Mortgage, the Lender shall
gIve notice to the senior lien holder and to the Borrower as prO\ided in Paragraph 10 hereof specifying (I )
the breach (if the breach is curable): (2) the action required to cure such tnach: (3) a date.. not less than
len (10) days from he date the notice is mailed to Borro\\'er.. by ,,'hich such breach must be cured: and (4)
that failure to cure such breacb on or before the date specified in the notice may result in acaleration of
the sums secured by this Mortgage. foreclosure by jodicial proceeding. and sale of the Property. The
nOl1ce shall further inform Borrcm.er of the right to reinstate after acceleration and the right to assen m
the foreclosure proceeding the nonexistence of a default or any other defensi\-e of Borro""er to a~lerauon
and foreclosure, The Lender shall be entitled to collect in such proceeding all expenses of foreclosure.
Including. but not limited to.. reasonable attorneys' fees.. conn costs. and costs of documentary e\idence.
abstraCtS and title repons.
16, Borro,,"er's Rimt to Reinstate. Not\lithstanding the Lender"s acceleration of the sums
secured by this Mongage due to the Borrower's breach, the Borrower shall have the right to ~-e ~.
proceedings begun by the Lender to enforce this Mongagc discontinued at any time prior to entry of a
judgment enforcing this Mongage if: (a) the Borro\\'er pays the Lender all sums ,,'bicb "'ould be then due
under this Mongage and the Note had no acceleration occurr~ (b) the Boll'O\\"Cr cures all breaches of any
other covenants or agreements of the Borrower contained in this Mortgage: (c) the Borro\\.er pars all
reasonable ex-penses incurred by the Lender in enforcing the covenants and agreements of the Borr<m-er
contained in this Mortgage, and in enforcing the Lender's remedies as plU\ided in Paragraph 15 hereof..
including. but not limited to. reasonable attorneys' fees and court costs: and (d) the Borro\\-er takes such
action as the Lender may reasonably require to assure that the lien of this Mortgage, the Lender's interest
in the Property and the Borro\\.er~s obligation to pay the sums secured by this Mortgage shall continue
unimpaired. Upon such payment and cure by the Borro".er, this Mortgage and the obligations secured
hereby shall remain in full force and effect as if no acceleration had occurred..
17. Assi~ment of Rents: ~intment of Receiver. As additional security hereunder, the
Borro,,-er hereby assigns to the Lender the rents of the Property, prmrided that the Borro\\'er shall, prior to
acceleration under Paragraph IS hereof or abandonment of the Property, have the right to collect and
retain such rents as they become due and payable.
Upon acceleration under Paragraph IS hereof or aband>nment of the Property~ the
Lender shall be entitled to have a receiver appointed by a coon to enter upon, take possession of and
manage the PrOpe1't)9 and to coDect the rents of the Property including those past due. All rents collected
by the receiver shall be applied first to payment of the costs of management of the Property and collection
of rents, including, but DOt limited to, receiver's fees: premiums on recfi\'er's bol'd~ and reasonable
d110lneys' fees, and then to the sums ~ured by this Mortgage. :.be receiyu shall be liabJe to account
only for those rents actually received
18. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this
Mortgage without charge to BollO\\-eJ'. Borrower shall pay all costs of recordation, if any.
19. Attomevs' Fees. As used in this Mortgage and in the Note, "attorneys' fees" shall
include attorneys' fees, if any, incurred in connection with the collection or enforcement of this Mortgage
4
I , ,I
" '\ I .
903802
~~~1364 P18EI241
or of the Note. \\ hether or not swt 1S broug.ht and ,,'hether incurred al tnat on appe11. tn bankruptcy
proceedings or othernise.
10. SpecIal SHIP Program Covenants. Representations. The Borro\\'er covenants. represents
and \\'arranlS to the Lender that: (a) the Borro\\-er along "ith hislherltheir family. intends to reslde as a
household in the Property: (b) the Property is a single-family residence. (c) the Borro\\'er.s total annual
ramil)' income at the time of its application for the Loan did not exceed the income limit by fami~' size for
eligibility to participate in the SHIP program. (d) at least three percent (3.~) of the required five percent
(50/0) do\\n payment must be paid by the borro\\'er from his or her o\\n resources,
2 1. Princioal Payment. Lender shall give the Borro"'er the right to negotiate a repayment
schedule for 90 days after the last pa~ment is due on the first mortgage for all sums secured by tlus
mongage \\'hich have been deferred. The terms and conditions of the r~ment schedule negotiated after
the last payment is due on the first mongage shall pro\ide for a be I Ol\' market interest rate. a term for up
to thirty (30) ~'ears. a principal and interest pa)ment not to exceed the original first mongage principal
and interest payment and such payment of principal and interest ,,'hen combined \\ith real estate taxes and
property Insurance shall not exceed ffi'enty five (25) percent of the household income.
IN \\'l1:\cSS \\'HEREOF. the Borro\\-er has executed thIS ~1ong3ge
5
io- I
n ? Oft, 3 6 I.. PA6E' 2 4 2
9 038 ~bTICE TO BORROIR
00 SOT SIGN THIS MORTGAGE IF IT CONTAINS BLA.~ SP~~CES
.-\LL SPACES SHOULD BE CO~fPLETED BEFORE YOU SIGN
THIS IS A BALLOON ~10RTGAGE \\1-IERE THE PRINCIPt\L BALANCE Dl~
L'PON M.~ llJRITY IS S14,00J.Q)rOGETIlER WITH ACCRtJED INTEREST.
[f .Au'N. AND ALL ADV ANCE~NTS MADE BY THE MORTGAGEE
UNDER THE TERMS OF nos SECO~ MORTGAGE
1 )
.I
in the presence of:
Borro""er
~ p;- " ~~
~ath;;#~~~~
Borro""er
ST.-\ TE OF FLORID..\
COlJNTY OF _ ~10N~OE
\.p~ -11 ~i
The foregomg was acknowledged before me tius ~ day of ~ _ 199 2-.- by David
Braund . \\'ho 15 personally knO\\l1 to me or ,,"ho has coo valid dnyer's license as identificauon
and \\-ho did not take an oath_
~
... .........~""---,...,..:
~ I" .... ~j;i.:.,,---LORI A. GAUTIER
; :..r '.l. ";-~. MY COMMISSKJN' CC 434283 (
~i:~;"~{~~ ..~~. .~ f.~PiRES: JtJ1uuy 19. 1999 ~ . print or stamp name)
~I ~t7l..~~" tSoIi~ Th~\ ~lobvy PldJIIc UncIIIwItIIn 'otary Public
._.. . -.;-.'~ ::7:~:-::;::'';:.:~.N~_~ y Commission Expires:
STATE OF FLORIDA ~
COUNTY OF MONROE Atf4- 'tJ
<e -H als
The foregoing \\"as ackno\,")edged before me this -S:adayof Jun~. 199~. by Anna Braund
\\"ho is personall)o kno"n to me or "..hohas proceeded a. yali 'ver's license as i entification and "no did
not take an oath.
7\(0
( , print or stamp name)
Notary Public
My Commission Expires:
"":;""1 LORI A ~ A
l~\tf'.t~ · W\UTIER
g*l-/ti,"" :*1 MY COMMISSION' CC 4S4283
~~~s EXPIRES: January 19, 1999
~ "If,Hf.~\'" Bonded 11vv NoIary PubIc IbieIwrffeq
--(Space Below This Line Reserved For Lender and Recorder)-
. ~.
~.. C)IIICI&1 ~;,
,. Monrt>> COUntJ. '
RICOfd ~~ 1... "OIIH~GE
Cicz'}: Cil'01it, ('9\\~
6