HomeMy WebLinkAbout1984 „ . 236432 ~.d~.
~ • Daniel E._ Schmidt, III and/or M~y T. Sc m~ d+ h; a ~3~ 3~
- f ~-'-'-r`D• S~
hercin "Nortgagur", ?~I~ethcr singalar or plural, in considc~ation of conveyance of rcal propcrty hereinaftcr 3~;~r
describcd Dy HOLIDAY OUT IN M:E~ICA ~AT ST. LUCIE. lttC.. hercin "F;o~ tga9ee", and to secure payreent of the Z?7•~L
balance of the purchase price Dy Hortgagor oblv~at~d~to be paid, as evidenced by prwnissory note fully .
ldentificd herein, hereby on this 9 th day of AuguSt A.O. 19~ 2. conveys and mortga9es
.
to the said l:ort9agee its successors and assi9ns the ~eal property in St. lucie County, Florida, described
as folloNS: 296 . ~
Condon!i~iun Parcel: lot i C-24 of NOLIDAY OUT AT ST, LUCIE. I~1C., a Condor•~inium~ accordinq ~
to tAe Declaration of Conctom~nTiun
tTiereof, recorded in Official Records Boc~k 1E8, Paee 1348, et.
seq. of the Dublic Records of St. lacie County, Flcrida as a~sended by AQrea~ent aated Jar.uary 31,
1969 recorCed in 6ook 175, Paqe 1652 et. seo. said P;,blic Records ("lot"). As orovidec for by
the Cond~-~ini~m Act of the Statutes of the State cf Florida (thaoter 711. et, seo. 19F5 as sub-
sequently a~ended) saic descrintion in this conveyance inclu:!es, but is not limited to, all
appurtenances to the can~a~~iniun Carcel above described, iocludina the linited ca-r..on ele.ents
assigned thereto, and inctuding the undivided interest in the co~ron elesnents of said Condominium.
?HIS IS A~ PURCHASE MONEY NARTGAGE
As security for the p3yr.~ent of the prc~~issory note of.rrhich Lhe folloxing is a topy:
s 5. 885.00 ,~sew tac~, ~~a+a Auetust 9th , t9 72 _ ~???QQQ~S
~ ler ral~e rKetrel~ t. re. or ettaer ~f ~s.~atse te ay to t'~ eMer ot
= HOLIDAY OUT IN /~F:ERICA ."-7 ST. LCCIE, INC. ~ ~
~ x Thonaand Eicsht Hund~ed Eiahtv-Five and no/100--0,,,,,,,i ~ o~'"
~?e ~
~ ~3:CS ~eac~tree tcia. e.f. Sutte 1z10. At1u.U. W. pst~~te te 6 ~ eual conse:uti~e soa:~l
A ~
M Sr.sUtl:tnts Of S ~ ~ 4 7 S rac~, lR! IKft insistlment to DttOme G:r~ i~d WY~~t on or Oefore the
~ ~y o~ ~ en - mhPr , 19~and one insisltment w breome due ~rd Nr~~ o0 or DNae the ~ s• v
< Z
s dty of exA wtcle3::y momA vntil ttt wAOk ot ytd iMlDtnets is Oad, vwtA ~ntd~t from rtuturity ~t the nte of 10 ecrceet eer ~rrn ~ttn te?~rlt.
~ It b eyriM ~n~t t~me k e~ in~ eneece ot tcis comud ana tnat to t!+~ ~v~nt oe a~!iuit In oav~e~t ot ~ny ~munmen~ tw a oer~ea o~ tn~~tr aar+ tn~ ~ Y~_
AOMfr OI tnb noie n. r. ri K~ eC!~Cn. CeUa•e au tM etm1.'.tlf pf y~~,~, eeot aw anp eo~tecttm~ saa anY r~uure to euruse sa~0 o~tWn snr~ net conti:~-
~:lL~ a N1I\ff C~ lh! f.:.~l !O l~H~It! Lnf S~r! iL 1AY O:~l~ LIlf;. 11~ LY.~ f~[M C~ ~l~~421 111 O.'~Y~'Knt Pt tlit ff0!! ~110 11 LR! 1LmC ~ti CI~CtJ ~n t~! ~JPPS
~ : P1 ~~1 ~l~Wnfy /O/ (C::tfl.Gn. 1. wf.0/ f~2/1tf C~ J:f(~ l7 p~y ~II CC:'f CI CG~'C<Llpff. 11ftL..~.li ~ f1dtJ~:iN~ ~IlCfnlV~f If~ C~S~ plYTl~+I S'~~II f~Ot ~ ~ ~ y'
Id' 1~1iC! it RN:ul~iy, 4~! R'l~trt, w•edcs, a~e eneo~ti:•s. ~c~euy ano sa+rr~y e, e~ to a~y caters~~r.s or ren~wNt n.:noul fu~1De~ nolK~, O~AG~~ Ouf- iii ~
~ • salref IM p~yment nsrc~l. ss ~t no ea:~m~ozs o/ l~me or torpctr~nc~ 01 Dsrment na0 Oeen'+a6a or Sr~nteC. ~ y 0 3
1, or rr~, sM sx!+ ol.us wne:At~ p~~nt~~31, su~ctr. 9vsn~uor. en:~rscr. a othtr pany Aertto, s~et to Oe jomtly ~nd xvera4y Wund. l, a we,
~ each turiner wane den?~nA, ojoies~,~t~ce ef le-ae?., oroiest, sr4 trn-payc~tnt.
° Gryen u~der tAe Aud ard sesl ol tach putY. ' T . ~
~ ?to. __---~-~----a•Z.g.~~Due -----5--~ea rS ~C__.~L~~.~.l....L..a~t.~c~.~.Si.a._.A.i.A.._~..__........r..__ISesq n!' ~i +
534 S. D~re_ Ave.µ, W.~Is1ip,N.Y.~~~1~^_S~~d~~__.__~__._...._....._,s~,~? Q
lbrtgagor fully ?rarran~s the title to said land and Hill defend the sa~e against the lar:ful claims of all
persons r:hc.,~saever, and agrees: .
1. To aiake all payQ~ents required by that note and this mortgage prccnptly :r!:er. du~.
2. To pay all taxes, assessr,ents, liens ~ad encumbrances on that property promptly when due.
If they are not pror.zptly paid the N:ortgag~e cay pay thea without rraiving the option to foreclose, and such
payAents, yith interest thereon froc^ the Cate of pay~~nt at the same rat2 as specified in that note, shall
also be secured by this cArtgage.
~
~ 3. To comait. permit, or suffer no rraste, iapairo~nt or deterioretion of the cArtqaged property.
i
~ 4. To pay atl expenses reasonably incurr~d by the ~Sortgagee becavse of failure of the riortgagor to ;
tomply aith the agree~.~nts in that note or this r.~rtgage, including r?asonable attorneys' fees and tiL~e
searches. The cost t~=reoi~ wito interest therean frca the day of payr..e~t at the sau~ rate as specified
in that note, shall also be secured hy this ~or;gage.
5. lf any paynent provided for in that noie is not paid ~rithin 30 days af:er it beco~as d~e, ar if
any agree:~nt in this :~rigace o:f?~r than the agreecent to R.~ke tne payTents is breached, the entire ur.paid
principal 4alar.ce of t^a*_ noLe snall ir:-adiately becc::e dce at the oation of the t•:ortga5ee and ~:~rt~aGee c~ay -
foretlose this ::origa5e in tne ca nner provi~e3 by ia?+, ar~d have the nortgaged properiy sold to satisfy or
apply on th~ indebt~dr,ess hereby secured.
6. 7he rents and profits of the r..ortqaged pro~erty are also hereby r..ortazg^d and if ~rocee~~ngs to
foretlose this r.ortga;e shall b~ ir~s:iL;:ied, t!:e ceur; ca:~ing j~~risdiction t~~er=of she~ld aFpoinL a recei~er
of the r:ortc.a5~d orc;.^rt; ~nd a~aly ~f,es~ rents ar~d protits to the inQzb:ecn~ss tere5y secured, regardless
of the sol~er:cy of ;he ::ortgagor or the adequacy of t~e security.
IN ~iIT~:CSS 6'N~REOF, the t~lortga9or has hereunto set his hand an6 seal the day and year first above ~+ritten.
Sigr.ed, ~ealed and Delivered
in t _ Prescrste of:
~ ~ r- ~
~ ~ ~ r _
~ As Hitr~sses to t.^.e t'or;a~gors
~:s -
S1:.TE GF F;C31['.~ ) SS
CuU:~1Y p:' t:. L~~I~ j
1 t~~rchy certif~ ;i~~t cn,~thls di!c. betore r.~~ a f:~tary Puulit Euly a~thorizcd in thcStatc and County
ed•;ahn~cc. l~0 .al:e a.;.~~xileds;~..Cnts. personaliy :,~,;~car~
_ c,.krtr.-n.;CQ. b~~ t~se t~ r,on~-ur E.•.r :~ns C^scri: cd as ho~':g::ye~~~~t~ii ~~T ~,r,--'ocex~et~r~t~+~. Grr;o~n ge.~,:~
aC'~~~O,LC~C':~JZ'~~~1~Cf~J!'(`, t~~i• C7.CCUiiCf~ Uf Si~.:iC. 1 ~ hZS wife
% r- - ' '
-ijitries5 fay~lr.~!~fi and uffitlal seal in ll~e tcuniy and StalC uarrcJ above tMs ,g~_ ddy Of ~„m~_cf- .
_ 9 ~2. - ~~C.~
~ . ' SGOK'~JV~7 ~~A~:~•v7Lr~~ ._~...~-----_------tL~i,;~y`~~„i~ti~: - -
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(Nutary `r•a i ~ ~ Ny Ct~~cnl inn f r~?i~ ~t; . _ . - - -
Patty Weich
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s'~;~.~- ~~.,tt_--~~:.~ e_~_. .