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Know All ~len by T~~se ~'re~entg, ~ ; ; : ?
"1'tl:\"1', $RNEST E. SETTI.E and MA,XINE E. SETTLE, his wife, Y
~~f St. Lucie C.'uuut~•, ~tut~~ u1 l~luri~la, lu~rt~in:ii't~~r i~,ill~~~l il?e niurt~uKur, ~~~hic•1~ t~~rm uucl ul! pruuuun, u,t~~i
in c~uni~~~~•tiun tliere~~•itli, shall I~E~ ~•uiistrueil tu iu~~luil~~ th~~ singuliu• :ui~i the plur:ll, ihe~ mti~cul~nc~ anci thc~ ft~minine ui• ttiE•
nE~utc~r, YLI1lI ul~u the heir~, E~xc~~•~~tur~, u~lmi~ii,tr?tur,, •u~•~~~~„ur, un~l r~.+•i~t?, of thcr mort~~?~or, i~., tticr ~•u??text mu~•
re~~uire, ~Ic~ heret~~~ Kr,uit, h~ir~~tin, ~t°ll .in~1 ru»~•e~~ untu ATICO FINANC7AL CORPORATION, a Delaware
corporation, auth~ ized to transact business in Florida, having its Home Offi~e in
Miami, Plorida,
hereinufter r:?lleKi the ITIUI't~',ii6Pl', ~~•hich ter?~?, uncl a~ll prunuun~ tt~c~1 in ~~uunE:ction therc~~~~ith,
~hall tx, ~ou~trut~! to inclu~ie the ~uccr~awr~ un~l x.,.~igns uf tlte mvrtKagee, tlie ~untext m.?v rec~uire, the follo~~~ing
descrit>ed real e~tate, ~~'ith all building~ su~~ impru~'enient~ nu~~~ ur t?errufter erecLc~c! tfiereon, ~itu:tt~Yt in ~ort Pierce
, in the ('ount~• uf 5t. Lucie .?ri~l ~tate uf Fiuriclu, to ~a•it:
Lots 10 and 11, B1ack 1~, af QAKLAI~ID PARK 5L"~3DIVISION,
according to Plat thereof reco:ded in Plat Book 2,
Page 7, of the Public Records of St. Lucie County,
- Florida.
i
~ ~
Y
~he mortgagor a~rees to pay to the mortgagee on each date upon which interest is
payable, if required by the mortgagee? such amounts as th~ mortgagee may estimate ;
from time to time as necessary to c~eate and maintain a reserve fund from which to
pay taxes and special assessments bef are any penalty attaches for nonpayment and
premiums for such insurance as required herein when due; that payments from said
reserve fund for said purpases may be made by the mortgagee at its discretion;
and that in the refunding of money from said reserve fund at any tim~e, the mortgagee
may deal with the party or par~ies at that time represented to ~he mortgagee as th~
owner or owners of said property. `
' ~'r ~k PAYMEl1T Ol~TI?X~
INTANGlBIE ~E.RSOHA~ ~~P~~~
11ECE1 N~~ A55'C~
DUf ~ ~N1 TO GHAPTER 20724. ACYS OF 19~1•
~tC: rUR '"i~R. t~.rk j+~it C:.,u+rt
nt f r'•u TIS M. ES
os p C' ounty Zox C ectvr
St, luue~
DEPUTI CL.ER1t ~
ey
t~>~ethc~i• ~~~it}i ~ill .in~3 ~~n~;ula?• t}ia~ E'.i~E~ment.~, te~if~mc~r?t~, h~~rE~ilit.~mr~nt~, :ippurtc~nanc~c~~ ,incl ~~ther ri~;tit-: ,incl pri~-ilc~ke~
thereiint~ belon~in~ or in zin~• ti~•i-~~ nmti• or l~r~r~~after :ipp~~rtainin~,;, :iu~l th~~ rer.t~. i~.~uE~~ ancl prc~fit~ thcreof; anci ul~u
.~ll apP.iraittts i3nii fi~tur~~ no~~~ or lierexfter ~~rE~ct~~l ur pl,~~•e~l in ur i~pon s:~id reul c~~tate o:• no«• r~i• fiereatter attu~~heci
t<~ ur u,~c~cl in c~~mn~etiun ~~-itL ~aid r~al c~~;tatc~. ~cheth~r ur nut th~~ ~ame hure ~~r ~;-ottid become part of ~ai~( real c~~tate
i~}- c~ttac~limetit t}ic~reto, itic~luc;in~ ~~~itiiuttt in .~n~• ~~•i~r lirnitin~; the €;~'ll(P~1I11~' Of tf1C fore~oin~, afl },~,iler~, furn:tc~e~,
heat-~rs, ~to~-e~, r.~ngE~>, oii burner~. mantel~, ~;u, an~l E~ic~•trir li~ht fi~turc~-, rE~Frt~erating ap~~iar.ittt=, ~•f•r;til,itin~ or Zir
~ ('i~AlllilOillllJ.; S~'~LP171, ele~•~:f01:~, ~Ci'PPII~, ~t•reen c1~lUt~, :11\"IllClj:~, f)~i~l(1s, titi~indu~ti~ s}~~clet, iilt('}if? Ctlf)111Pt~, ~vOl' CO~'E'1'lIl~:i,
~ lut,b~- furni~f2in~~, ga> anct oil t~it~i:s and e~~iiipmerit, pipc>ti, ~~~ire, :~nil ~l~im},in~, all ~~f ~~~hic~h ~liall bn c~on=iclei•e~l rt~
~ unu~xect to uncl formin~ u p:??•t~ of t}~t~ frr~E~h~>]cl ht~reb}• murf};:~~~~~I.
"I'U Ii:1~'I~: :1\I) "1'O 3~OLI) the ~tt,cn~e-~runfr•d premi,~~ ~~•ith ull ~uicl ea~c~ment~, ten~m~iit~, hereclitame?it~,
' appiu~tc~nancc:5 an~l othc~r ri~ht~ ancl pri~'ile~~~s t}xeretinto }~eloti~;in~; or in ati~• «-i:e n<nc cn• llc~re;ifter .lpFiertainin}; t~ntc~
anrl tu th~ use of the niort~ugc~e, it~ ~u<•ce~~ors ancl ,«~ign~, fore~~er.
"I'ITF; ~tOR'IG:1GOIZ I~ERF,t~I' ('(l~'~:A:1\T:; ~~~it~ti tltE~ mort~~~~ee th~t t~he m~irt~a~or is in~l~~Fe~i~ibl~~ scize~i
~ ~~f the mort~rd~ed ~remis~~ iii fe~ simplE~ anti ha~ ftill p~«•er ~incl l.i~~~ful ririht to 5ell ancl ~~~~n~•er thE~ :~~m~ ~i:~ afore>~bi~l;
that the mort~~~eci premises are fre~ ~znel clear of all lic~n~ flnd enctimbranees e~c~pt as h~ rein c~th~~r~~-i~e recited; Lt~~t
thE~ mort~a~or ~~•ill make <<nci execttt~ ~uc~ti furtiier ~~;urun~~e to perfeet the fc~e 5imple ±itie t~~ thc~ rn~~i~t~:~Kerl premise5
in ~ai<i mnrt~iiger as may re~~.~on<thly bc~ requir~cl: .in{1 tlu~ rnortKa~or dc~e~ hereb~~ f~~ll}~ ~ti-arrunt thr~ titlf~ tn said mort-
~~i~~~i premi~:e~. ~n~i e~•ert• p.it•t there~if. anc~ ~i-i!i ~Ir~f~~r~~3 t1~c~ ~arae:i~.iin~t the la~ti•ful :•l:iim= <in~i ~1+•m.tn~i, nf xll persons.
:1~f) 'I'ti~: 1~UR'1'(~:1(.OR HF.RF;B~' C'O~'E\:1V'I'~ :1\U .1GR}~:F~:
1. I'},si thi.. mort~a~~ is ~i~~en to ;ecu;c~ the perf~~rm~ince .ind ob,e?•~~anc~c~ uf thr ~~u~~~~n:~nt~ c!n~l .iK~•een~ents
hc~rrin ~~ont~3ine~1 anci the pa~•ment of tlie pririeipail ::um of ~enty-Two Thousand and No/100
Dol(ars
i`~ 22,000.00 )~~~iih interest ihemon accordin~ to the terms of a~•ertain pr~imi=.~r,~•~- i~utr ~~f ~~~•~n ~I.ttr> }iere«'ith,
ex~c~rted and deli~~cred by said gg~ST E. SETrLE and MAXIh'E E. SETTLE~ his wife,
,t?,rl ms<~e pati•~~1~Ie to the order of ~aid ATICO FINANCIAL CO°,POR?.TION, a~ Miami, Florida,
ur,~t such other plaee or plare~ the mz~rt~agee may trorn time t~~ time ~lesi~nate; principal
and interest to be paicl in installmer_ts as specifiecl in said note, fiinal pt~3•m~nt of ~aid principal and interA~t,
it n~rt ~oonc~r ma~l~, t~~ }~e due and payai~l~ on the first duy of July , t9 yp ,~sith interest at
ten per centum per annum ~~~hilr an~~ c3eff~~iit existi in the rnaking ciF an}• of suicl pa3•ments or in the perform-
an~•e or obser~•.inre of any co~•enant, cr~ndition or aqreement in s<iid note, or in any ir.stniment now• or hereafter evi-
~1t:nrinR ~~r ~e~~t~rinK the ~ame, and thF> hoi<1Fr nf .=~u~l n~te may apply ~a~~ment, recei~~ecl un an}• amcunts due thereunder
~~r ~~r~;lr~r the> tc~rir~.~ +>f ~in}• in.~trumt~nt nu~c ~~r h~~r~~sifter e~ iclencin~ ~~r ~eruring ~aici noic~, ;i~ ~nch hnldrr ma~ determine;
~ fi~(l~~F 1~V