HomeMy WebLinkAbout0310 ~ ~ G. o 0
~ ~ ~ MORTGAGE f~ •
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• ~iaw~?~cd J. . Mia~ess a~d Loui~ L. Mjaia~s~, hi~ witri
che mortgagc>r . in oo~sideracioA oE the principal aum spaiHed in the promi~ory note
tierr~fter d~escribod, noeivcd #rom HOLIDAY OUT IN AMERICA AT ST. LUCIE, INC., a
~~r~~~•• ..-o .~nder rh~ . I..~~n ~ rhe Sate af Fl,~rida. the Mo~, _ t_~by
on thia da~ oE 191Zy mortgag~ w the Mortgagee th~ re.~l
pmprrty in St Lu~cie Cvuntp, Flo~ida, d~acribod as: _ - _
Condominium Paral: Block N , Lot i~s of HOLIDAY OUT
AT ST. LUC1E, a oondomuuum, aoo~rdir.g w t6e Declaradon af Condo-
minium thereof rcoarded in Official Recards Rook 168 at page 1$48. of
t6e Public Rec~orda of S~ Lucie County, Florida. As provid!ed ~or by t6e
~ Condominium Act of the Statutea of che State of Florida; (Chaptier 712. - -
. ~ Florida Statuta, 1965 E~ Seq.) aaid deacription in t6is.oo~ttveyatwe includa,
but is not limited o~, ~ appvrtenancxa to the ~dominium putixl above
deacrib~d, includ'eng the limited oommon elmnenta a~igaed thtrew and
. ~ncluding the t~iivid~d inttrdt in th~ oommoa eltm~ents o# iaid aonda ~
minium. - ~ -
THIS IS A gURCHASB MONEY MORTGAGB -
Aa aecurity for the papm~t of the promiasory note ~ wLich the following is a aopy: ~
; 8,062. T4 - - , glo~, March 4~ j lg 72
For Value Receivcd, I, we or either of ua promia~e w pay w the ordrr of HOLIDAY OUT
IN AMERICA AT ST. LUCIE, INC., at Post Offiae Box 161, . Stuart, Ftorida; or any othtr plaoe -
aa the holder hereof mar designace in writin& the :um of ~Sih~~~~~ 11b a~d
74/100-•-----~---Dollara, which iacludea int,ereat on the priacipal aa~ou~ela~n b
t~ ~
119/1 equal conaecutive mQnt6ly inawllmmts of ; ~~ie firat
~ inataUmeat w.beoom~ paYable on ths 4~ day of - Api~~ , 19.1'~, and
one suc~ instalLnent to • beaome due and paya~ble on the 4~ day . o# eau:h auuocreding month
until the ~whole of :aid indebtcdne~ is paid, with interat from 4, 19?2
at ttee raoe-of 9•9pc~, cent per anaum aftes maturity. -
~l LiIC CrCiti Vt ~11~~ls'ia?cuy s~a=
s~v~'a~'v-M'r~.' -j
vy: iLC 1111011I1t ~i11C Qn ~11I1~ Ul 11I1~In~
IIItC~St ~1 bC ~OWCd. -
It ia agreed that time is of the e~ence ~ this ooatract and that in the event ~ default ia
payment of anr inatallment for a period of thirty daya the holder of this note may, at its option,
, doclare all the remainder of the aaid debt due and oollectible and anp failure w exerciae- aaid ~
opdon shall not conatitute a waiver of the right to e~ercise the aame at anp othet time. In the
event o~ default in payment of thia note ~ and if the same is placed in the hands of an auorney for .
oollection, I, we, or either of ua agrce to pay all ~ o# colltaion, including a reaaonablt attflrne~a .
fee. In case payment shall nat be made at maturity, thc makrrs, aureties and endorseia joindy and
severally agree w any ext,ensions or reaewala without furt6er natice, binding ouraelvcs for paymtnt
thereof, aa if no eactensions of tim~ or forbearana of paqment had beeu made or grazited., ~
I, we or each of u~, ~+rhetber principal, securit~, guarantor, endnratr or other partr herew,
agree to be joindy and aeverall~r bound. I or we, each er waive demand, protat aad notux
of demaad, protat and nan~aymm4 .
. . • tS~,
(SEAL)
and agrea: .
l. To make all papraents required by tbat note aad this mortgage pmmptly when due.
2. To pay all taxes. assesaments, liena and encumbranca an that P~P~Y ~~PaT whtn
due. If they are not promptiq paid the Mortgagce may pay them wichout waiving the option w
foxeclosc, and such paqments, with int~et+est thtreon ft+am the date of paymwt at thc same rate aa ~
specified in that note. shall alao be aeau+ed b~r this mortgage. .
8. To oommit, permit, ar auffer no waste, impairment or detaioration of the mortgaged -
property. -
4. To pay aU acpensa reasonably incurred by the Mortgagce baauae oE failure of the
Morcgagor fo ao~nply with the agreemmts in that noue or thu ~nortga8~, incIuding ~able -
attorne~ys' fea. T6e oo~t thereof, with intrrest thercon from the day of payment at the aamc rate
aa specifiod in that note, ahall aLa be secured b~ this mortgage.
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