HomeMy WebLinkAbout2611 N
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M A?~"TQ.~ CF ~.~~~T~ma3e this lst 3ay of O~tober in tr,e year of o,~r
IArd ~nQ th~usand nine hun3red and sixty seven~Betxesn Eiel~y Constru:.tion
~o.~npa.-~y~ a F'lorids .^.oz~'wration~ party oP the First Part~and HILL.T.A,'K 3.
HQ~ 3 IRIS B. ~i0I7:;E~.'u.s xife~ of 2t~06 Royal ~'alrri Dr~ve~Fort Fierce~
~Iorida ~part;~ of th~ Second Part.
~iI''_'i~I4SS,:?'H: mhat of ~hQ said party of the Second part shall :irst r~ake
the payments and perfonn the covenants hereina~ter mer~tioned on their part
to ba .~ade ar.d pePro~ned~ the said rarty of the ~ rst part hereby eov-
anants and agrees to convey and assure the said party o£ ~he Secon~ gart~
their heirs~executors~ad~ninstrators or assi~ns~in fee sir~le~~lear of all
~:~c~ ;ii'~~~~~:~~~, e:~c~~mberances xhatever~axcept as hareinaf`ter s~t out~by a good and s~~ff-
~~ai ~ icar:t 'darrar:ty Deed~t'~e lot~piece of parcel of land sit~.~ate in the County
.i,~~ M ~ of St.Lucie Florida.tkno~n and describe3 as follows~to•~,rits
-~aj -_j~, Lot 3~31ock 1~ SECCt~D A~ITIQN~ORAI~G~: ~LOaSO:~ ~~TATES~St.jucie County:
J~1=Y~ , ~ p•
Florida as F.er glat thereof~on ~zle in ~lat book ].li~pa~e 2~ o~ the Fublic
L'~' ~ r:...ords of St.Lucie ~ounty~ ~'.t.~rida . ~ ~
r~-~ SLT3J=C; Tc all restrictior.s rsser-
- .t
~Z~j~~~~ vations~easenents a.zd protective cov~ants of record.
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N o ~ r.nd the said party of the Sscon3 part hereb;~r covenants and ~~rees to
a'` p~y to the said r.~art~ oP the :~.rst Paz-~.. the Su.•r? o~' r,renty Three Tho~.sa.~d
_ U -s a
I)°ol~;iltttiti~~'- ~ive ~andre3 ~oZlars ($23~~~0) ~rith a dotian gay:nent of ~ne T!~ousand Five
:~;,ndred J~21ars ($1~5QO.a~) ir. the ^.~nner follozrir.s.
JIiN(10~ ~re thousand ~'ive hur.dre3 dollars (~1~50!~.00) 1~=on the executaon of
31~fi1 'tS this a~ree-^ent ~or d~ed~the receip~ of whicr. is heraby ackr.o:•rle~~e~;s..^d
One :~`i:.-~dred ?ifty ~olZars (~154.~0) per month beoi!zning on the ~irst
, ~:~v of i:ovzn3er 1957~ an3 conta..*~~.:ang t~ aa~d until the r irst day of ~Iov-
er~ber 1972; and
(C) ;i~nthly pay~:ents~as nereina~oYe set out in (B; s'.:aZl ~ncluda ~rin-
cipal and interest on the ~*~paid balance at t:~z rat2 of 6.75° per-an.~:un.
each instalL~nent s:~at7. first be applis3 in p~yrtent of intereat ard th~n
on the un~i3 b;],ance ~f the rrincipal stim. A pena7.ty of 5~ will be
charged on pa;?rients a_~'ter 'rTV~ ~ays due.
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it is CO'l:.~i'i3L ~h~.~:?.D AT:~ :.'~~:..~ta'i~:^~~as par'-~ of ~he cons~deratior: -
::ereo£ as f~?lo«s:
1. That there is ;~isti.r!d a first mor~oage to rirst Fe3eral ~avings
I.oan r ssoc~ ation oi ~'ort Pierca~ Flo~da kzth a bslancz of arpro~.^~~ts~y~
;28~E~J.O~ as the sa~e is recorr~sd in the 3~.Lucie County~rlorida p:i~l~c
racor~s.
2. T::~t t?~e F3:-f,~ of ~2:a rirst part sha11 c~nt?n~e +o :-:aks all o~ t~;e
~:or.~hl;l ~~y:^ents of princi~al and ZI3tAreS~ :~;aich :,~y become 3~as and paf- `
~
a~Ie ~~::~3~: th~ sai3 :ort`~ ba :~ed ur_der ~h~s a~;re~ent far dae3: Frovz:i~.di i
~:o;-raver! t^p th~ part~ of the s~cona part r,re3y I'eS~Z'V2S t%~e ri~ht +..o
a+., a.~jc ~~~ns be°~re Ro•~~-r~er ? st~1~72~ ~o ~:ay to th~ : art~ of the ?irst
~:3~ T.tle CZS~1 -~..ifrsre:~ce f1c~.Ff3821 ~~l° °}Cy'S~-1T2~ .:,~rL~age ;he baZance due
zn~ ;;~?cier t!~~ s a~re~::er.t for ~ved. ~n r;3~
~nt c=" ~ha :~.ior?sai~ '
t
ca~:z di:`'Lrence~ ~~e :~t;~• th^ J~.~.V1^3 ^~t~ a:.all b~ •~n~itle; ~o re- i
c> > -7 ^ n ~ i` f= »,t t - ~ y ~
ca~ve a;7ar: a::ty d..:... . he part;~ c~ the 11 J V ~.~r~~w c': aaid :.arra~
deed s'~~.1 c~::t~in a st~s:~.ar3 ~~or~gage assw-nr~ion ciause whe„eb7 t?:e
Ya~*,y o~ the Secan3 ; art ass•;
~ea LY,e ~:~is~ir.= :.*.~rtgagebalanc~ ::r:-?~r ~he
~ai~'. .=~art~~e .~'he Yartf of the ~~c~n~ part s."..~11 al~o ~aw °f;ll rioht ;,f pre_,~}r-
Tsr.t ~r. xnol° or y*~ rart s•:bject c~r~y to ar.;,~ c~~r.3iti~r.s as :~3~r ~e s~t ~at
ir. t!:~ s~~d ::ort~ave dde~
3.I^ t.~~ e~~~nt '~':at it sh:,-.:Id ba~~..~ r.~cessar~~ ±o ~r_s~itute 1L~a1 rro-
CCB"~:iP.~;S ~O `~O: ~CZOSt' OT' O+ ;cZ'.,i~5° ~?Z_°CI'C^_ lti'_1S C~T1~,_^1Ct~}~?~ ;?«+V J°
:.~con3 i~~t ~:er~b~t a~re~s t~ }:~v all costs o° ~t;ch ac*.i~n~_r,c~:::;in~
a rea~ona3le a~torr.e~'s re~.
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