HomeMy WebLinkAbout1117 ~ ,F~'w'v. w. . wi
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proii?~`i~to w'r: wiihai~ d~~fution' ~o~r o --iowN~i~sso"ciwlTcA~`iyF
FORT PIERCE ~t fon PiKa. Fiorid~,, tM wm of i ~ wbh Iot~nst f~an d~t~ ~t th~ nN of 7fi pM ~rnwn. U nwnthl~? imtd4
menn a ioilowa: f on tM day of 19 ~nd ~ lik~ swn oe tM corn~pa~dinp d+y of ~ach mo~?th th~n-
.ft•r untii tM w1w1~ b~ fully paid.
Each imallrn~nt finf shall b~ spplied in paymeet of tl,~ int~nst and tMn on th~ unp~id bai~a~ of ths p~indpal axn. If d~fiuM ts m~d~ in tM
psymaM of any b+stdtm~nt wl~ dw. ~nd wch d~favh continu~s 30 d~ys, then at tM option of tlk holda. and without ~Mr otMr not~u, all th~ ramaininp
~nstalim~nb aMll b~ dw and p~y~ at o~p. Privilp~ h~ivan fo pr~pay thh not~ in whol~ or in put at amr Yrn~ witf?oul p~wity. •N~itMr Foreb~+rant~.
nor aaptw~u by tM hokl~r tMrwf ~fter any d~fault in iny p~ym~nb M~~on. sh+ll b~ d~enwd ext~nsion. A t~te paym~nt cha~~ d~ shall b~
added to ~ach in~tallw~a+t rweaininp unpaid 7 days ~(ter Ns dw dat~ ~nd a lik~ wn+ shill b~ adA~d to exh wch inst~llm~nt r~ininp w+p~id 7 d~ys attK
each suuvedlep p~yrt~+t d~fe. ,
E~ch m~ka. wnty and ~ndasN hsrwf, i~+~b i^d a~wwly, w~ives damand. Pr~sentrewnt protat u1d notia of p~~est fw nonp+Ymar~t, and fwtMr
agrees to aey extension d tim~ of payme~t, either befo?~ or ~ftN nuturity. withovt notio~ to ufy of us: aod to pay dl cwb of toltection, includtnp a
roasoa~blt aMorney's fN in rh~ went of any defwlt her~under, ~nd her~by uvcrally w+iv~s ~II b~nefit of hom~st~ad a~d uanption w~d~~•:M_~qnatitWioe
•r,d taws of each Sar~ of ~M Uryt~d St~tes, spaimt tF~is obl'p~tion a~ny ext~nsiw~ or nnewal henof.
WitnMS tM h~nd and ~tsl of ~ach paNY• .
. (S~AU
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~
~ $ 3? . 50 ~ Sta» R~wnw
(Sr,mp. w~odbd a+ «~ptn.+ eot.) 25, 000.00 ~
NOW, THEREiO~RE, th~ 1NORTGAGOR for tM purpw~ of s~axi~y pa~nn~nt o# wid wm of i .+nd tM PKfa~n~nu of ~M
cov~nta ~e~d ipr~a~b hu~infter ~xpr a~d fw d'iwn ~ood ~+d v~lwbt~ aonsidN~tioM. bY tMa~ prtMnt~, dws pru?t, b~rpaG+. sell, t~. {
reba~. ~?~c and ta?r~'r~ vmo IIM GJIGEE. Hs suonsto+s u+d ~ssg~s. ill tMt qrt~in 101. pi~u or pvpl of ~~nd. ~itwt~. ~Yinp. and beinp fn tM
ca,my of 5t. Lucie and Stm of F~orid.. daarib.d fo~~ows:
. ,
The Sast 1/2 of the West 1/2 of the South~vest 1/4 of the SouthNest 1/4 of Section
2I, Tonnship 35 South, Range 40 Esst, St. Lucie County, Florida,
~
Mortgagor agrees to subdivide mortaged presises agreeable to mortgagee and cause
a plat thereaf to be duly filed upon the pub2ic recozds of St. Lucie County, Florida.
Thereafter, so long as aortgagor is not in default under the terms and covenants !
of this aortgage or the note secured hereby, mortgagee, at the expense of the mort- `
gagor pill execute individual releases froa the lien and operation hereof of ILots
1 and 32 according to the proposed plat subaitted by mortgagors,upon the principal
payment thezefore of a swa equivalent to $33.00 per front foot for the lot or parcel
to be released; and aortgagee, in like manner, agrees to release all other lots to
be depicted upon such subdivision plat upon the principa?1 payaent af $26.00 per front ~
foot for the lot or parcel to be zeleased. o~
~~n s~O Iw rAYrE11T O~ Tl1~r
Wt Ow Cl~~ ~C' INTAMa1d~E lERqNAI f110rERTY.
t! 1 f
i; C=' ` 1' L lI~IrUNIT TO CMArTER'0'72~? AGTS OF 1 Mt.
v~' DOCUi~iENTk~"-': ST~i~~1P TAX ~OG~R rO1Tb?S. CMtk Cbt,ui~ C~•uA
_ ~ ,nxiia~68 _ ~s llorr ibr GUk1i3 ~ aAMES ~
~ = < j~~
o= 3 7 5 0= s~. w. ta~ c~.~.
N U C-MPTROLLER ~ , = I~~O'LfAC{I/
P.~. ~~:,,=B - " ~f?
o~uTr c~~c
! ?op.tMr w~th dl «d ~inpula~ the t~n+~nh. Mnd'~aenems snd ~ppwrancsi tl~w Mlonpin0 w in +erwi~ ~Vwrt+~nf^0 t1w~+o, and •tl nnft,. is~w~.
' p.oc.~ds and profia +an+i~p ~^d ro acvw fran said prNnias .11 of whkh w includ~d in th~ abow and forpo4+p d~wiption ~nd h~ba~dw~~.
'r TO HAVE ANO~ jO l~OID tM abw~ dacrib~d ~nd 9r~M~d pnmN~s v~ao dr sMd MORTGAGEE. Ns suoo~won and ~wipns la~wr. Md th~ aatd
~ N40RT fa Lh@ll h~in. tt~evton. ~dndn6tr~bn and ~ssiqer, iwnbY oovMwMS wNh th~ s~id MORTG~AGfF. In warrors ~nd ~M~pr.
~ y are
t1Mf ~~wfu~h NiI~ qf 1~M Nid PtMhiip ~f1 ~ iY~lp~fj f~Mt t~M H11N ~ ffN..4~Nt Mld dhC~IM~ ffp11 ~INM rfld MKYI11~
b.a~o~+ M ~.w a in ~quit~r, wd eA.• they ~.ruu~ «id Lhel r 1~ ,1»p warara .nd ~r«+d th. titl. w+h..an. a a~...w
MOItTGAGEE. i+s «~assw~s M+d wsgrr, fo.ww ~paL~t N» lawtvl dair+K N?d d«nand~ of sll p~noiw
IROVtOfG, AtWAYS thN ff fiN MORTGAGOR ~Mq p„r ueao ~M MORTGAGEE ~M pramirorl? not~ hK~+bebn daaib~d ~nd ~MN trvly. Pra^p~h~
.nd fu11r pKbrni„ d'wd+wpR uucv~e. e~p1~. caw~plY wi~h and abid~ by Nch ~nd ~wrY ~Iw ~ripubrion~. p?~~, ca~dNbM .a! co,r«~«+b d wid
proenipory noM and o~ tbts Morqap~. ~lwn thi~ Morq+p~ ~nd t!w &uw hw~? w~t~d ~U a~ aad ~~MrH ~nd void.
R IS NI'1DERST000 N~ tlw wwd "MwtO~por' whM1+K in tM sinpvlar a pkwal ~nywh~~ in thM Mlalp+p~. ~hall b~ ~M~pub? H on~ onl~r «d
~Aall b~ phKal joiMip and MvMNhI {f nar~ Mun on~. ~nd fhat fh~ word "tlrir' M ~w~d anywlw~ in N+i~ Mort~p~ ~MM b~ t~kM? b wr~n "~+i~.° `Mn."
a ib.' whKw+r th~ oa~tnn w inipliM a ad~nits. AIw. N~N wlwwa? Mw~ b~ hlKwia in N» aw~nmts r+d +~.ww~nh Mr~in oomsMrd to ~ d
N
t!?~ p~ttiN AMMOy t1N HwN dMll b~ ~~r~d fo i1MM1 M Mr~ll N fIN IMir~„ Ipd frprMMM~HvN. WOOM~O/f Md M~K ~M r'9~~wY ~ aC! O~ tl~!
pvtt« w Nwo1~~M? bf? op~abn d tM Irw) d tti ww~ and Mw H+s ~owrwws A~nL~ carain~d iMN bMd and tM b«~efib and ~d~?s~apw tnun
' ?O 11M fMp~liY~ MiF~. /'~M'MMKNnK ~KC~NO~i Y1d ~N"01M O~ 1~M PYtiM ~f~10.
Md ..id Morqpo~~, fa. fh.e».h.. a+d dwir hNra, M~1 aw~nl~tirK .~ca.wo~s ..~d ~i~. lw.b~r f~Y •nd Mv..Nly cov.n.rr «+d .~n.
ro a~d wAh dM wid MO~TGAGEE, iM woas~ora ~nd Msi~s
i 1. To pw ~il and ~tM Mr prindpd «d iwna ~nd ~hi wriow ~ wndrp wnr ol Vsr~M b'li vk~w o1 wid Praniworlr noN. ~nd M~is
,nat~p~. wd ~nd ~rr prawpM~r an ~ dqs r~irdf? th~ Mvrr~Y~l b~oowr dw.
t Te and rY~l~? Ny ~sa. ~nw~. 1a•iM? Wbilifin, obli~Mbn~ ~nd ~anoM d rwry nnw~ ~nd kind iww on ~aW d~w~l~d
p.ep~tp. a Nrt M.Nhp w~w M~~+P~. o~~. Irv~d. a~Nd ~Mnab er M~t Iwwfwr n+hr b Iw~d a ~aw/ upa~ di 1Men!
E ap~r ~r ~M Md~bNdna~ Ma~nt I~r~i1?. McA ~wY. w~lw+ iw ~~nbb. +aor'dM+Y ~e bw. b~for~ ~1? ~or- M ddYq~+~+t. ~nd 6do?~ ~w1? MMr~
t auch~a a nrr p~M1r M inaM?~d: Ml~ INSOfAR At/11~ ?l~REOf Ii Of RiCOR~ 1NE bAN1E S14Alt ~E ilWMI llf SATtSftE~ AtrC C13C11ARGE~ OF
f RKORp ANO 1ME OR16tNAl OffIC1Al OOCWNENi RUdI ASi. fOR tNi~wiw'~. TME TAX RfCf11T OR 1ME SAttSFACTION ?A1'ER ~OFiK1ALLY ENOORSED
E OR CERTtfiEO) S11All 1E /tACEO IN Tllf MANOS Of SAI4 MO~T(iAGEE WITNIN TEN W111i NEXT /1fTEt ?AI/MEM~ ~+d iw M» ~~nt ~^1? Mw~ ~ AOf
i w~d, sst sfi~d ~nd d'weAaeMr N~ MORiGAGfE w+~11 N+~1? tirn~ v~11 N» ww e~ ~n11 iM ~ w~~lwvt ur~i~rirp a~N~e+ie~ +~Y ?i~n. ~q~wh a
•bM ~ed~. a b~r ww~ e1 MM nwr~pp~ md eh~ Ir+1 rwou+M o! ad+ x+d e~r M+d? P~rnwia ~AMI b~ ~w~d'w+~h? dw anA ow~M ~^d ~1 t~w i~+tana
E ~.ww Nr AM~ dw~d w~M p~,d a~ .~M o1 nin~ vM c~w p« Mn+ww w~ w~M? .n~A wd inMr~M ~MN b~ »cw~d ~tr M~+ iw~n d rh:• n~o~p~.
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