HomeMy WebLinkAbout3013 - DBED OF CORRECTION
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• MORTGAGE ~`7'13G33
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l~orrler-+91~e Ino., a Tenneesee oorporation with otfios ia Snozville~ aad
mortgag~o~, in d~nudre
a on t~ ~u apa:ifficd in the pmmiaaot9 aote ;
heseafter deacribod. reoeived from HOLIDAY OUT IN AMERICA AT ST. LUCi~ INC., ~t
oorporation organizod and ~ exiaang undcr the Iaan o~ the State oE Florids, ttK Mostg~goe, bareby ;
oa this d~y uE ~ FebruerJr , 1J~ mortgag~a ~o the Mortg~gce: t6e ral `
propertr in 3~ Lucic County, Florida. described ar. '
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Condominium Paroel: lock Lot 1~_ o~ HOLIDAY OUT ~
AT ST. LUCIE, a ..wn, aoo~rding to the Doclatation of Condo- -
a?inium thereof reo~rd in Official Rcoorda Book 168 u page 1348, of .
rn;~ P.~aa by the Public Reoorda o~ t» Lucie County, Fiorida. Aa provided for by the .
i;!2~lDAY CUT COII~lII111ID ACC O~ C~i1RU~C3 ~~C St1~R Of ~~~~1' ~lls -
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v. o. o~~r es~ Florida Statutes,1965 E Seq.) aaid de~eziption in this e~nveyatux intlndd,
~e:.~, se«M, f~ao ~a but ia not limited w, all ae.s to che o~ndominium pamel abova
described, including t6e limit,~d oommon elementa aasigned theraw and
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including the undivided 'wtereat in~ the aamman elementa of said ooad~o- t
miniu~n. ~
THIS YS A PURCHA3E 1btONEY MORTGAGE
Aa security far the paymeat of the promiawry not~ of wLicti the tollowing ia ~ aopy:
86 ~Q 8tt~e~7ct F~bruarT 6; lg~,~?
For Value Reoeiv~d, I, we or either o# ua promise to pap w the oidu of HOLIDAY OUT _
IN AMERICA AT ST. LUCIE, INC., at Past Offiae Box 161, Stuart, Florida, or any other pL~ce , ~ a
aa the holder hercof may designace in wricing, the aum of ~o~ Thousend . Light guaadred and
Sixty-Siz 8nd ~0/100 ~a~ ~~t on the principa1 aII?ount laaaai, p
a
y
able in
60 ual oonxcutive monthl in:tallmea~ of ~ 81.1 1 each, and the firu
~9 Y
installmmt ~o booome payable on the 1~hr day o# 't9r~h , 19-.b~' and
one such inuallmenc to bcoome due and gayable ai the lnth day o# each suooecding month
until the whole of aaid indebtedaeas ia paid, with int~ereat from Fabru~e~b.,. 1;~.~i.'~ . _
at the nte of ~ per oeat per aanum aft,ez ~ maturity.
In the event of Prepa7rmenc, a deduction froffi the amount due on aocount of uneuned .
~ interat :hall be allowed. '
~ It ia agreed t6at time is ~ the eaaencx of th~s oontraa and that in the event of deEault in ~
j payment of any inatallment for a period o# thirty daya the holder of this note may, at its optioa,
~ declare all the remainder of the said debt due and oollectible and any failure w ezrrciae aaid
option ~all aot oonstitute a waiver of the right w exercise the aame at aay other time. In the
~ evmt _aE defaulc in pa'ment of thia notc and if the aame ia plaoed 'w the 6anda of aa acwrney ~oz~ .
oollc~ction, I, ~re, or eit6er of ns agne to pay all costs of aoll~ction, induding a reaaonable atwrnt~s
fee. In caae payment shall not be made at maturity, t6e makers, ~retiea and endoraezs jointly aad -
x,?~iy ~ w~y ~c~~ or ~~ouc ~a no~~, binding ouraelves for payment .
thea~eo~, as if no a~ta~sions of time or forbcaraaae of payment had been made or granted.
I, we ar each a# w, whethtr principal, iecurity, gwranwr, tadaisrr or other party herew, . _
ygree w be jointtjr and aeverally bound. I or we, each further waive ~d, pmtat and aoticx
af demand, p~otat and nan-paymant /.~'a~~--.~-w.., - i~
a~ ~l. ~w, - (3g.AI,) ~ ~ ~j~:
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h~ (gg,AI,~ 1 a'
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~ 1. To make all paymen[s requirod by t6at note and t6i: mortgage P~PV1 ~rhea dne.
Y. To pa~y all taxes, as~aaments, lieas and encumbnnas aa that P~ P'Y'O'~PV1 ~m ,
due. If tbey ue not ~r!oouP~ P~ ~ MO~B~ WY them wittwut waiving the option w
- foreclose, u~d uxh paymmts, with interat thereon f=+am t6e date of payment at t~ aaane rate ar
tpep.ficd in that tafe, shall aLo be ~eun~ed b7 this m~ortgage.
3. To oommit, permit, ar auffrr no e?a:te, impairn~ent or detrriorati~ of tt~ mortgaged
f 4. To pa~ aU apenKS rauasabl~ inanred bp the Mo~ttgagee baawe af hilure af t6e
~j Mo~ ~ ~piy ~ ~ ~c ~ ~ ~ including -res~oa?abk
' acwrne~rr #~a~. The aost cher~vE, with interat thercon b+om the da~ of payment At the tame sate
as :paifird in tbat note. a6aU ala be saurad b~ this mortgage.
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