CLEARWATER HOUSING AUTHORTY
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CIT~I OF CLEARWATER
Interdepartment Correspondence Sheet
Lucille Williams - City Clerk
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Development Director (J It.~ .
Joseph R. McFate - Planning & Urban
Clearwater Housing Authority Mortgage
May 6, 1985
I am enclosing the original mortgage of the Clearwater Housing Authority
for your files.
A copy has been retained for our files.
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CITY CLERK
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MORTGAGE DEED
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THIS INDENTURE, made this 18th day of April, 1985,
Clearwater Housing Authority, an authority created pursuant
421.04, Florida Statutes, hereinafter called the Mortgagor,
CLEARWATER, FLORIDA, P. O. Box 4748, Clearwater, Florida 33518,
called the Morgagee,
WITNESSETH, that said Mortgagor, for and in consideration of the sum
of One Dollar to it in hand paid by the Mortgagee, the receipt whereof is
hereby acknowledged, has granted, bargained and sold, and by this presents
does grant, bargain and sell to said Mortgagee, its successors and assigns,
forever, t~e following describe~ land, ~ituate, lying an<?-, bei~~ ~~ :cJhe
County of Plnellas, State of Florlda, to-Wlt: .\.tt lq70,_7'1~_ ~
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Part of Lots 9, 10, 11 and 24, and all of Lots 25, 26, 27, 28, 29'1
and 30, together with the North 1/2 of vacated Haven Street J8IAL
jacent to Lot 30 in Block "A" of Replat of Coachman Heights,
according to Plat Book 20, page 26 of the Public Records of pinellas
County, Florida, more particularly described as: A part of Block
"A" Replat of Coachman Heights, a subdivision according to the plat
thereof as recorded in Plat Book 20, page 26, of the Public Records
of Pinellas County, Florida~ and a part of the North 1/2 of vacated
Haven Street, being more particularly described as follows: Commence
at the NW corner of Block "c" said Coachman Heights~ thence N 0052'40"
W, along the East right-of-way line of Prospect Avenue 250.00 feet~
thence S 89047'30" E, 211.70 feet to the P.O.B.~ thence N 01023'48"W,
106.26 feet thence N 89010'06"E, 227.55 feet to the West right-of-way
line of Ewing Avenue~ thence S 01002'14" E, along said West right-of-
way line 338.79 feet to the centerline of vacated Haven Street~ thence
West along the centerline of said Haven Street 221.22 feet~ thence
N 01002'14" W, 229.22 feet~ thence N 89047'30" W, 5.70 feet to the
P. O. B. Containing 1.82 acres more or less.
between the
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and CITY OF
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and the said Mortgagor does hereby fully warrant the title to said land,
and will defend the same against the lawful claims of all persons whomso-
ever. .
PROVIDED ALWAYS, that if said Mortgagor shall pay unto said Mortgagee,
its suc~essors or assigns, a certain promissory Note as provided therein, a
copy of which is attached hereto and hereby incorporated herein by
reference, and perform and comply with each and every stipulation,
agreement, condition and covenant of said Note and shall duly pay all
taxes, and also all insurance premiums reasonable required and all costs
and expenses including a reasonable attorney's fee, which said Mortgageee
may incure in collecting money secured by this Mortgage, and also in
enforcing this mortgage by suit or otherwise, then this Mortgage, and the
estate created hereby shall cease and be null and void.
IN WITNESS WHEREOF, the Mortgagor has caused these presents to be
signed in its name by its proper officers, and its corporate seal to be
affixed, attested by its Secretary, the day and year first above written.
ATTEST:
CLEARWATER HOUSING AUTHORITY,
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Secretary
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STATE OF FLORIDA
COUNTY OF PINELLAS:
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I hereby certify that on . this ~!!; ~ ~ay of April, 1985i/ befor~
me~er!onally appea~ed ~/[:t fJ, ~v and
~t a.JL U..l.At(!.p~>--L--:t, , president and Secretary respectively of
the Clearwater Housing Authority, an authority created pursuant to Section
421.04, Florida Statutes, to me known or satisfactorily proven to be th~
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persons who signed the foregoing Mortgage Deed as such officers
severally acknowledged the execution thereof to be their free act and
as such officers for the uses and purposes therein mentioned and that
affixed thereto the official seal of said corporation, and that the
instrument is the act and deed of said corporation.
Witness my signature and official seal at Clearwater, pinellas County,
Florida, the day and year last aforesaid.
My commission expires:
Notary Public, State of Florida at lar~e
My Commission Expires January 12, 1987
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PROMISSORY NOTE
l:,.5978 ;'!lGt1761
Amount: $100,000.00
Clearwater, Florida
April 18 , 1985
FOR VALUE RECEIVED, the undersigned promises to pay to the order of
the CITY OF CLEARWATER, FLORIDA, (herein called the "City") or its
successors or assigns, the sum of One Hundred Thousand and no/lOO Dollars
($100,000.00). Payment of the principal amount of this Note is deferred
while the undersigned remains fee simple owner and occupant of the noted
property. Transfer of ownership or other disposition of the property shall
constitute a default of the deferment and will cause this Note to become
due and payable. Failure of the City to exercise such option shall not
constitute a waiver of such default.
During the deferred term, this Note will not accrue interest. Upon
default of the deferment, the amount payable hereunder shall be calculated
in accordance with Attachment "N" to O.M.B. Circular No. A-I02 providing
for the prorata division of proceeds from the disposition of property
purchased in part with Community Development Block Grant Funds provided by
the United States Department of Housing and Urban Development.
The undersigned reserves the right to prepay at any time all or any
part of the principal amount of the Note without the payment of penalties
or premiums. Any payment of this Note prior to default of the deferment
shall be applied to the principal due on the Note.
Failure of the undersigned to pay the ,amount due hereunder within 30
days of default of the deferment will be subject to suit by the City to
recover on this Note.
If suit is
signed agrees
attorney's fees
instituted by the City to recover on this Note,
to pay all costs of such collection including
and court costs.
the under-
reasonable
This Note is secured by a mortgage duly filed for record in pinellas
County, Florida.
Demand, protest and notice of demand and protest are hereby waived and
the undersigned hereby waives, to the extent authorized by law, any and all
homestead and other exemption rights which otherwise would apply to the
debt evidenced by this Note.
IN WITNESS WHEREOF, this Note has been duly executed by the
undersigned, as of its date.
ATTEST:
CLEARWATER HOUSING AUTHORITY
D4L~~~~
Secretary
By
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president
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PROMISSORY NOTE
Amount: $100,000.00
Clearwater, Florida
April 18 , 1985
FOR VALUE RECEIVED, the undersigned promises to pay to the order of
the CITY OF CLEARWATER, FLORIDA, (herein called the "City") or its
successors or assigns, the sum of One Hundred Thousand and no/lOO Dollars
($100,000.00) . Payment of the principal amount of this Note is deferred
while the undersigned remains fee simple owner and occupant of the noted
property. Transfer of ownership or other disposition of the property shall
constitute a default of the deferment and will cause this Note to become
due and payable. Failure of the City to exercise such option shall not
constitute a waiver of such default.
During the deferred term, this Note will not accrue interest. Upon
default of the deferment, the amount payable hereunder shall be calculated
in accordance with Attachment "N" to O.M.B. Circular No. A-I02 providing
for the prorata division of proceeds from the disposition of property
purchased in part with Community Development Block Grant Funds provided by
the United States Department of Housing and Urban Development.
The undersigned reserves the right to prepay at any time all
part of the principal amount of the Note without the payment of
or premiums. Any payment of this Note prior to default of the
shall be applied to the principal due on the Note.
or any
penalties
deferment
Failure of the undersigned to pay the amount due hereunder within 30
days of default of the deferment will be subject to suit by the City to
recover on this Note.
If suit is instituted by the City to recover on this Note,
signed agrees to pay all costs of such collection including
attorney's fees and court costs.
This Note is secured by a mortgage duly filed for record in
County, Florida.
the under-
reasonable
pinellas
Demand, protest and notice of demand and protest are hereby waived and
the undersigned hereby waives, to the extent authorized by law, any and all
homestead and other exemption rights which otherwise would apply to the
debt evidenced by this Note.
IN WITNESS WHEREOF, this Note has been duly executed by the
undersigned, as of its date.
ATTEST:
CLEARWATER HOUSING AUTHORITY
O~L~~(~
Secretary
By
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