HomeMy WebLinkAbout1993 _ . ,
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~ 1'~0664 .
TMis ir~o~Nru~. ~a. ef»._.1?.ib~.___ a,? ~r._~.Ptember a~9~ a+~ •t~
. .JA~IES~1.~._ REYE~.LE~ a single_person _
of---._~L..1..11G~.P~----- County. Florid~. Mhirnft~r d~siitilyd M ? T " and FIRST FEOER/1~ SAVINGS /1ND
LOMI ASSOCI/1TION OF INDIMI RIVEIt OQUNTY. a oorpor _tian orpMs~d . 4w+ of tM tMihd Stahs °f M~k+
.nd t~vi~ ta ptin~l plaa of busin.u in N~ Ciey of v.ro BMd~, Indi~n Rlver . F duip+st~d as th~ "MORT~GI1iCEE.••
~ ~ Y p,~ ~T~ ~ of. Eleven
'_I7~ousand.and..i~o~
t~`s.LI~.~L__.) oa~.R. eood s~,a awiul mon.,? of th. u~itd saa..dvae+o.a b~? eh.
- - -
MORTGI1iGEE uMo th~ MORTWIGOR. u~vid~nad bY a artsb+ pranissay not~ of ~ dst~ FrrswiH+. of whkh th~ idlowle~ h
a°°'?. ~ ~ 10345
:__~~UOQ..(~0 ~ - - -
V~o Bud?. Fbrid~. ------~-~~I.~s-..~_._~_~~_._. 19_~_
For valw noeiwd I a wt jointh or sevenlly prorrdst to Ps~? to FIRST FEDER/1L 511VING5 /1ND ~O/1N /1550CU1TION OF INDI/1N
RIVER COl1N1'Y. tM wm of :lls ~^!t~ at ib oflip in V~ro BWCh. Fbrid~. wiM in1~t at th~ raN of 7- ~
pK ant pK srrKrn. tn th~ tollowir~ nwr+K: _ .
= 110. ~ upp~ !M first of esth and ewry moeth MrtaftK unHl tM full ptintipsl sum. with i~tt?~ut. h~s bNn p~id; ssid
monthly psymsnis thdl b~ aPP~i~d flrst to ths WYn?~nt of inte~t on th~ urpiid bsl~na. snd th~n to ths psyn~t of princip~L
TNs ewt~ is r~otiabN and if d~fault in paym~nt oocurs. ms~? b~ D~+~ in ths F~nds of an sttoroey at Isw for oolbction~ M vrhich
~+re~t 1 or wr s~n~ to pay th~ costs of aolbetian. inchdin~ s ws~onsbl~ attornay's iae. and ~sd+ of ~s. wlwtF~ m~k~~. N~n~tor a endo~sK.
hehby s~v~eraly waivas dNrw~d. ~otio~ of e~oe-wvment and P~t of tNs nott. .
_~sf.~ames ~D,~Reyelle ~.-------__~..-------._cse:n
ts..o
In th~ ewnt any p~ymer~t is not msd~ pria b th~ 20th dry of ths nanth wF+sn duR th~n this note shall bwr intKat at tM rat~ of
8.4% fran ths dats any wch payment b~csme dus and tFuou~Faut the pe~iod of wch ddlnqua~cy.
Statt sbmps p~ld ~nd csnoelled on ori~inai of this note in the amamt of s--~-~•.~Q.___._~_.
NOW. THEREFORE. the MORTG/?OOR for the p~upose of seaxint ~ P~Y~t of tMN ssid sum of s-~.a.~~-~--_ snd th~
periormsnoe of ths eovar~snts and ssnNrMnts hareinaftu ~cpnssed. and ior divws ~ood srd vakNbk aonsidsrstio~s. b~? th~t O~nts. does
grant. ba~sin. sell. rom~e, ro{esse, oonvey and oonNrm unto hs MORTG/~GEE its woosssors ~nd sssi~ets. sll thst certat~ lot. pisa or pirwl of
bnd. situat~. hr~i snd bei?K in tM Counb of __a~~._~U~~e and Stat~ of Flaid~. dsscribd ~ folbws:
Lot 16, Block 1, according to Plat of SILVER LAKE PARK
SUBDIVLSION, which said plat was filed February 24, 1954, and
recorded in Plat Book 10, page 4, public records of St. Lucie
County, Floritla.
~N PA~NA`
p~p
~ 1 HIS lNSTRUMENT WAS PREPARED BX
R~~ygp f ,C. ~MTANG~B~E PE~
F ~9~~• MICHAEL 0'HAIRE
PTER 2072~• RL '
ouEO~ ~`''''S ~„t~ c-~~ SMITH, NEATH, SMITH, & 0'WURE
puasuR
POZ~~'~ ~e*
5 ATTO~NEYS AT lAW
AOG ~J.ZIS M.
~ ~ tax Co~teca* 2206 -14 th AvE. vERO BEACH, FlA 3296i0
St. c'~`~~
eY
~PUrr c.~~c
i
!
t to~ether with all snd sin~ulu ths t~r.nernents. Mraditsments and sppurten~nces thereunto belo~ging or in anyvvise sppertainin~ theroto. snd
all rents. issues. proce~ds and qofits aaruina snd w aocrue from said premises. all of whkh aro inciuded tn the abov~e and fore~d~ d~
stription snd hsbendiae~
TO HAVE MIO TO IiOLD the sbow desuibed snd panted Premises unto ths said MORTG~?GEE. its wooeuors and ~ra for+sver.
/1,+a th. said t~AOaTC,l1e)oa ror_his_~;n. ~~c.ators ana .ssi~ns, hereby oovansnts with the ssw MOFtTC~?Gff. m wooas-
sors snd sssi~ns, that.----~18--18--------- Isw(ully seized of the said premises in fee simpl~: that ths sam~ sn free. clear and dis-
cha~ed from sll liens and enaanb~anoas in Isw o? io equity. and that._~.11~..-------`_ will snd ___~11~--- Mirs shsll wansr?t snd
defend the titk to ths wrw w the s~id MOR7GI1iGEE. its suoc~sso~s snd sut~ns, toreMer s~ainst the Iswiul clsinis and dem~rds of sil p~rsons:
PROVIDED. ALWAYS that if the MORTG/tiGOR shall psy unw the MORTGAGEE ths pramissorY note he~sinbefon dacribsd. and
sha~~ truy. w~w~b and iu~ly perform, dlsd+~rN. execute. aomplete. con+dY with snd abtde by wth and a,rery ths stipulstio~a, siraemants,
conditions and oovietints of ssid proeeiissay eats and of this Mortpge. then this Mortgsge and the Estate F+Keby troated shdl cease and bs
null ard wiA
IT {S UNDERSTOOD thst the word "Mort~a~" whett+er in the sin~ular or plunl snyvrt~ere i~ this Mortts~e. sF~ll be sin~ular if on~
onFy and sF~ll b~ Dtursl jointly and sevenily if nwre thsn one, and thst the word 'Their" ss used anywhero in this Mort~a~s shali bs tsksn
ro me~sn ••his.~• ••her~ • or ••Its~•• wl~ever the oontext so implies or adm3ts. Abo. that wF~eve? thero is a referanoe in ths oovsnants and
sgreern~nts hsrein oontained to arry of the p~~ties herow. ths sam~ shsll be oo~strue~d to mesn as weil u the heirs, kp~ repnsent~tiws. suo-
cessors s~x! assi~ns (either vduntary b~r act of the puties or i~volunbry bY oper~tio~n of ths bw) of the ssrns and N~at the oovenants herein
contsined shali Wnd snd tM bcnefits snd advanta~es inure to tfie respsctiw heirs. le~sl reprosa?tativss. wooasors ~nd usigns of the
~rt~ nt and tevaslly aw~nsnt
Md said Mortpeo~s, fa. M~ensdves ane thei~ heia, le~a~ nprese~,ativu, suoc~ors and assio~s. F~eb~? i°~ h?
~ sr+d a~ree to and with ths ssid MORTGI~GEE, its sucaasors snd assisns:
1. To pay sli snd slneular the printiptl snd interest and the various u~d wndry surns of nwMY WY~bk bY virtus of ssid P~~~Y
~o~e. ,nd thts morrtsice. ~.ch and .,rery aon~y on ff,e days ?esacirveh ~t,e ss~„e s.,?e.s~y b.can.- du.. j
2 To p~y ail and sin~uisr th~ taxes„ ~n. levies. tiabiUti~s. cWiptians and i~aenbranoss oi awry n~tur+ and kind now oa
said d~cribed pro~parly. w th~t heresfter msy b~ impored, wffsred. Pbced. levied. or ass~d Mier~on or that hsr~fie? may be IavNd a
suessed upon this Mortpp. or th~ ind~bt~dn~ss sew?~d hereby. esCh and every. wl~ due and payabk aooordir~ b law. be(ore th~y b~- ,
com~ delinq~~[nt. and be(oro any interest attach~s or ~+y penalty is incurred: and irnofa? as any tMreof is oi record the samt sh~ll be prompth ;
satisfi~d ard dischsr~ed of reoord and the oriQinal offkisi doa~ma+t (such ss. fo? instana. the tax roceipt w tht sstisfsction p~per officially i
andorsed or tKtifi~ sF+sll be plsc~d in th~ hands of ssid M~tTGl1~CrEE witl~it~ ten d~ys t~txt aft~ prynf~?t; and In the event tF+at any thereot -
is not p~W. sstisfied and ~d~?pd, ssW MORTGAGEE n»Y st iny tim~ psy t4~e sae~e orany put thenof witMut waivins a affectie~ any
option, ~ien. equitY. or ri~ht uncle~ or by viAue oi tF+is Mat~. snd the ful) amo~x+t of ~ad+ snd every w~h WY~n~M sl~fl be irwr~di~tehr ±
dut and p~abb and shall be~ar intanst ftoen tM daM tfi~nof until psid at the nte of ~jnd ~ Ow centwn pK s+~rNxn and topthsr
,~~n b. ~.a n,. of n~ ~aa- seven on~quaY'ter
3. To p{so~ snd oontinuo~wi~r kMp on th~ butldnp~+ow or h~fter sitwted on ssid Isnd a~d on ~il ~qufpn~r+t and p~rsons~ty cov-
~r~d by thisnw~t~ wiM ail praeniuns tMr~on paW in luli, Hn ir?wrsno~ in tM uswl stud+rd p~forn+. In a sum sppr~ by tt+e
MORTGA~CEE,-~nd ~tornsd~ inswante in the uswi stsnd~rd potky fa~rn.M a surn app~ov~sd by th~ MORT M wCfi aotnp~? or tanp~nies
as Mr MORTGIIiGEE n~sY ~net: and atl ffe~t and tan~do fra~+rano~ Pa~ en a~y of ~W buildinp„ an~r le+ter~t tirrMin a rt therwf. in ths
a~M wm sM~atd a in e~ao~ss tFwrwf. shdl eo~rKaln th~ u~wl sts~+d~rd na.t ci~a~ or such otF~p cl~t~t as ~ M~o.tt~a~e~
nqui~. n~icin~ th~ tat undK ssfd polfda, wcl+ snd~very
.~p~?ab~ to ssid ~GI4GEE s~ its interat naY ~OP+~?.
wth polic~r shsil bt pranptl~l a~sl~nd ard d~liwrod to and Mfd b~? s~W MORTGAGEE as fi~rthM s~pxit~? to sNd nartf~ ~ ~
la~ Mw+ t~n (10) d~ in adv~na of th~ ~inrion ot weh polk~r. !o ddiv~ to said MORT~G~AGEE a nmwd eM.~of. wMtlw
la th~ p~~ of sueh e~r~w~l: ~rd tl~~ ~!1 b~ no H~ or toenado inwnnot O~+~d on sny of ssid buildfe~s. ar+Y intanst tlwnin a
p~rt tF~wf, unlu~ in tlr tan~ r+d with tM loss pwabl~ as s~awid: and in tM ~vrnt anf? suin of-n~or+~y b~ooe~ Pr1?+bM ~+dw ~uch
~,~~~_,M~..,.~ ~~~'3 ~19'~