HomeMy WebLinkAbout0151 [ach installment firs~ shall be app!iad in paym~nt of Ih: in!_•..:st , ~ f i,::.~:.e•• ~:i thr {,rr~c ~,a~ su:Ti. If d:~9a~1• ii m3de in t~e
payment of aoy instailmeM when due. and such defauJ tont~~~uet 30 d,ys, th.,n ~r r!.:• .,r: :t •h•~ h;,:~+.,•, ~n;f .:.ti~~;,! any ot'r,_r no~~ce, all Yrie ftmaininy
insrallmenfs shail be dur and payab:e at oncr. Pnv~,c~e is gi.~•n fo Nr oy tn:s n~T.• ~r. v.i,o'e or ~n ;,rt ,r a:~ _.•,al.::;,t ;~~~..,'ar. Nciti,er forcbearance,
nor acteptance by 1he hotder the~eof aRer any deFauif in any ~ay~n~_,us hrroo-~, s%~~~:t i.e :1_~•~r~~rd exr,~:u~cn. A;a•a ~~a~n~~..•nt cha:ye of S-~ , shall be ;
added to etth inotel;nn~nt remaining ~npa~d 7 days aher its <l~e d~te, and a s.• ~_.,'i ~o sc,h r•s! rT:crr +f'~:~diiiit~g vnE,aid 7 days aftar '
each succeeding paymenf datr. t
Each maker, surety ond endorser hereof, jo:ntly end sev~ra'ir, v~, . st a• .i ~ oh F ro~~:st for ~:o~;,,y.,~ont, and further ~
agreea to any exte~~s~on of tfine of payment, erther b.'ure or „fter ~n,;f~; a~~~ cu~ n: • c~• e' ;1 r~' 3, .v? ccsrs ol co!l~~crion, inc:uding a
~easonabfe attornays fee ~n the event of any d~~:au~t her~un~icr, a~~;i h~r,hy s,~ ,,~,.~„rs , c~ sr..,J ,nd e,~:r:pt;on under the constitution
and laws of each State of ~he Unrted Sta~es, as ay,~~st th~s oL.~ya!!~n er an~ rrt•r s o•~ o• ~•:••„•.n; he•e;}
Witness the fiand and aeal of each party.
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_ ~SEAL)
(SEAI)
577 . ~ ~ Stare Re~enue - (SEAI)
NO'vV, TH~RfFORE, the MORTGAGOR fw the pu~pose of secu~ing payment of said svm of E 38~0~`Q~ , a~d the performa~ce of the
covenants and agreemen!i hereinaFter expressed, and fo~ drvers good and valuable cons:derahons, by these presen!s, dces grant, bar9a~n, sell, rem~se,
release, co~vey and confirm unto the MORiGAGEE, its auccessors and ass~gns, a? tl~at ce~~a~n lot, p~ece or parcel of ;and, sit~ate, lying, and being in the
County of St • Lueie and State of Florida, deacr~Eed as foitov.s:
Lots 16, 1?, 18 and 19, Block l, BAYS~RE BSTATSS, as per plat thereof
on file in Plat Book 11, page 40, of the publi,c Records of St. Lucie
County, Rlorida,
1~OGB1~R with a21 structures and iaprovemeats now or hereafter on said land and
the fixtures attached thQreto, and all r¢nts, issues, proceeds and profits
accruing and to accYUe froa said premises, a11 of which are i~luded within the
foregoing description and the habendua hereof. plso all gas, steam, electric,
water and other heating, cooking, refxigerating, lighting, plusbing, ventilating,~_ ,
irrigating, and powrer systeas, machines, appliances, fixtures and appurtenances,
wbiah norr are or ~a?y hereafter pertain to or be used with in or on said preaises,
evea t6ough they be detached or cieta~chable, .
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_ 8200; :~_~~~'~~~3~00= 9900~ 9S00= 9900= = }
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together with all and singula~ the tenements, hered~taments snd appurtances thereunto belonging or in anywise appertaining therefo, and ali rents, iuues,
proceedf and prof;ts atcruing and to accrue from said premises, a11 of which a~e included in ~he above a~ foregoing desuiption and habendum.
i0 HAVE AND TO HOLD the above described and granted p~emises unto the said MORTGAGEE, ~~s successws and assigns fwever. /1nd the s~id
MORTGAGOR for itself ~~~s, 7~~TOTis~~i$;rators and assigns, hereby covenants with the said MORiGAGEE, its successors and suigns,
that - lt i3 lawfully seized of the said premises in fee simple; that the same are iree, clear and discharged f~om all liens and errcvm-
brances in law ot in equ~ty, and that i't _ will and lt$_ SUCCeSSQY.~_~K shall warrant and defcnd the title to the same to the said
MORTGAGEE, its successors and assigns, fwever against the lawf~l claims and demands of all per.ans;
PROVIDED, ALWAYS that if the MORTGAGOR shaH pay unto the lAOR7GAGEF the p~omissory ncte hereinbeiore described a~d shall truly, promptly
and fully pe~form, discharge, execute, complete, comply with and ab~de by each and every the stipulasions, ag~eements, conditio~s and covenants of said
promissory ~ote and of this Mortgage, then this Mortgage and the Estate hereby created shalt cease and be null an; vaid.
IT IS UNUERSTpOD that the ward "Mwtgagw" whether in the s~ngular w ptural a~ywhere this Mortgage, shaU be singular if one only and
sball be plural jpintly and severally if mae than one, and that the word "the~r" as used anywhere in th~s Mortgage sha~l be taken to mean "his;' "hers,"
or "its;' wherever the context so implies or admits. Atso, that wherever there is a reference in the covenants and ag?eements herein contained to any of
the parties hereto, tht same shall be consi~ued to mean as well as the heirs, tegal representat~ves, successws and assigns (either voluntary by ad of the
parties or inroluntary by operation of the law) of the same ana fhat the covenanrs herein conta~ned shall bind a~d the benefits and advantages inure
to the respective heira, legal reprexntatives, successors and ass'gns of the parties hereto.
And said Ntortgagors, fo~ themselves and their heirs, lega! rep~esentatives, successors and assigns, hereby jointly and severally covenant and agree
to and with the said MORTGAGfE, its successors and asstgns:
1. To pay all and si~gular tlu principal and interest and the various and s~ndry sums of monry payable by virtue of said ptomissory note, and fhi~
mortgage, esth snd every, promptly on the davs respect~vely the same severally become due_
2. To psy ~tl and singular the tazes, assessments, levies, I+abil~t;es, obl~9ations and encumbrances of every nature and ki~d now o~ aaid dexribed
properfy, p that hereaiter may be imposed, suffered, plated, levied, or asseased thereon, or that hereafter may be lev~ed or sssessed ~pon this Mort¢
age, w the indebtedness secured hereby, each and eve~y, when due and payabfe, accordirg ?o law, be(ore they become definquent, and before any interest
attaches or any penalty is incurred; R`:~ wwiv TFIFGFQF OF RE{ORD THE SA1~1E SHAtI BE PROMPiLY SATISFIED ANU DISCHARGED OF
RECORD AND THE ORIGIf~iAl OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTfON PAPER OfflCtAICY ENDORSED
OR CERi1F1ED} SHAIt BE PtACfD iM iHE MAMDS OF SAlD MURTGAGEE WtTHIN 7EN DAYS NFXT AFTER PAYMENT; and in fhe event that any the~eof is not
paid, sal'sfied and discharged sa'd MORTGAGEE may at any t~me pny the same or any part thereof withou? .oiving or affecting any option, lien, equity a
•ipht vnder or by virtue of this mortgage and the full amo~nt of each a.id every such payment shafl be immed~ately d~e and payable and shall bear interest
~r~ tbe date thereof until paid at rate of n~ne per centum per annum and toqe+her w;~h s~ch iry~.wst secured bv the lien of th"s morgTage_
- _ 900K f'AGE ~~O
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