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HomeMy WebLinkAbout1987 i~~3b4~34 • 00033 ~;o ' ' nnnal d g~ ~he~on and/~= M~r+-ha A. Shetron, his k*ife 9~d hcrcin "~tortgagur", Ki~cthcr sir~9~lar or plural, in considcration of convcyance of rcal p~operty licreinaftcr T~ destribcd by NOl1DAY OUT 1N A,4ERICA A1 ST. IUCIC, 11~C., hercin "t~tortgagee", arnt to secure payment of the ~`v yC, balance of the purchase price by Nor~gsgor~obliqated ~to b paid, as evidenced by pr~missory note fully . . , :~1~ identified herein, hereDy on this l~~ day ot August A.D, l9' 72, conveys and mortga9es to the said l:ortgagee its successors and assigns the real property in St. lucie County. Florida, descriDed as folloNS: 495 Condominiun Parcel: Lot ~ M-13 of HOLI~AY OUT AT ST. LUCIE, i`tC., a Condor•~ini~n, accordi~q • t0 the Detlaration of Condore~n~n LFiereof, recorded in Official Recoras Book 1E8, Paee 1348, et. seq. of the Public Records of St. Lucie County. Florida as anended Dy ~~ree~rent dated Jar.uary 31~ 1969 recorded in Baak 175, Paqe 1652 et. seo. said Public Records ("lot"). As ~rovide~ for by the Condaainiu~ Nct of the Statutes of the State cf Florida (Chapter 111, et. seo. 19E5 as sub- sequently amended) saiC e+escri~tior. in this conveyance incluc!es, but is not limi:ed to, all - ippurtenances to the ccn~o-iniun ~arcei above descrited, includinq the linited co:r.:on elec~ents assigned thereto, and intladinq the u~divided interest in the tosr±on elenents of said Condaniniun, THIS IS A~ PURCNASE MO~~EY MORTGAGE AS security for the payr~nt of the pror~issory note cf which ihe following is a copy: August lOth ~ 1972 ~ ~ ~ s1. 399 . 00 ~se~ teac~, ~~er~a~ ~ii ~ ~ . z ier nl~e reEetrc~. I. ve. or ett~er ot us_nrontse to wr to t~e eracr o• 5E cs ~ = ~ HOLIDAY OUT IN kF:ERICA AT ST. LUC1E, INC. ° o~ ~ Ci ~r Thn»aanrl ThrPP Nu~ndred Ninetv-Nine and ri0~1.~~~- ~iy~s~t ~ ~ tee we ~r - - - - - - a~~S INt~:?t! ?CLQ. ~.i.[. S1111! ~2l0. A[Ii6U~ Ei. ~11 ~~~/OnP+~~~~lCJ~~ (OM1SKY«1f! COf1LN Z! ~ M tr.stst t:.en~s ot 5~,5'3 ~ 7/ ri Q 7 f i n a ~~1i6s:a~i -+cnc eo neco~r o:,_ sm wraae on « bc~w~ i~+e h ~,~A'i V~{ c ~ day o/ 19 ~~aM one inttsllmt~t to becomt due ~rd payable on or betore the ~ ~ daY o/ ex~ wccce~.r~ mo+sn uns~t tr.e ~nAo1e ot sad r~debtness is pa~d. ~W~A ~A~Klf! IfOT fllitY~i1Y ~l [A! fil! O~ ttKtAt K~ ~e~u~ NtN Cl~7Yit. t~ °C It b tqre~A tnat tlm~ h o~ t~~ etsence of tnis co~tract a~0 t~a! In 1*~ hrent of Qe!~uN M oar~*tnt o/ ~ny lmtanment for ~ OerbO of tn~~ty Eays In~ y q= ~ hot~~r ot t+is no:e n.r. +t rt~ r•e:~:n. EeVtre a~~ tn~ ~crtu..~erpf u!~ ec~t oue ana= o~~e:db.~ a~~ tny ia~wre w ea~rc~se f~10 ootton ~n~n oo! c;,nsu• ~ ~ N~~~ Iula s wi:ra of tne ~~:~t to e<ar:~se tnt tz~^e at anr o!ce~ t:r..~. te t:+~ a.trt M te! ~t~ ~n oainent ot tn~s note :na 1~ ~ne ur.~e ~s o~aceo :n tnc 1+anot ~ • ot an atto~ntY fo~ co::,:~.en. I. we. o. r:nt~ e! .,a. i-~i: to osr an e~aes e~ ec~x<uon. ~iuva.:.~ ~ rwsonaa~ steorner's Iee. In case LaYment s^.N~ not ~ N~ lt ~rsoe at nsiu:~tY. t~-! n'~.Ht. fu~lt~et. ~'~G ti+CC~s2•f, 1C~nUy ~ntl ~7Kraf/y t 2~t~ t0 ~'~y tilt^tIJfl3 M~tntM~i{ MHDOVI ~YfINlf AO~K~~ Wnomq our- p ~ 3N~lf fOf O~Ymtnt ~ert7l. if 11 np ~a:entlon! C/ l~me Gr tCrpser~nC~ OI DJYnten: 1a0 Cl2n m~0~ Ot 9r~nit0. Q r 1, or we, tnd exn ot.us Nnr:t+z+ cnraaa~, suretY. 5,arantor. en: r. xr, or otn!r pan eto, ayree to De joinUy ud sererall bovnd. I.Or we. j' ~ exAfvtlAt~wa~rltitr!tinA,protnt,ecll[! Of Ct~ir~. orotest. srd we-wrtnt. wf ~ Gwcn unde? tAe nard ard seal ol esch pu~Y• C ~ = r~...~...~......i~~ ~ L o,~ __.~.4...x.~....~s ~.._x %~S .__~s~~n r ~ < ~i , „ oli~~0ut at~ St.~LucieS~Jensen ~ ~ •~+H.~............+....v..r.'»«'i'~.., - - - Mortgagor fully ~~arrants the title to said land and Kitl defend the~sa~s~ against the lar:ful clains of all persons r.ho:~soever, and agrees: 1. To et~ke all payc~.ents required by that note and this r.~crtgage prx!iptly r:hen due. 2. To pay all taxes, assesssaents, lie~s and encumbrances on that property pronptly r.hen due. If they are not pronntly Faid the P4ortgagee c.~p pay them yithout aaiving the option to foreclose, and such payieents, rrith interest thereon fron the date of pay~nt at the sac~e rate as sFecified in that note, snall ! also be secured by this cK,rtgage. f 3. 7o ca~nit, per~it, or suffer no kaste, iwpair~ent or deterioration of the cortgaged property. k 4. 7o pay all expenses reasona5ly ir,curred by the ~iortgagee because of failure of the tiortgaqor to comply r~ith the agrec-~nts in that note or this ~rtyage, including reasar.able attorneys' rees ar.d titTe searches. The cost :~~reoi, ~:itn in;eresi thereon fre:? the day of payr..ent at the sa~.e rate as specified in that note, shall also be secured by this cortgage. 5. If any payment provided for in that note is not paid r:ithin 30 days after it beca^~es due, or if any agree:.:nt in this :a~rigage othzr than the zgre~: znt to cake the payT:ents is Dreached, the entire ur.~ai~ principal balar,ce oi LFat note shall ir.:-ediateiy ~ecc:,e da~ at the optien of the A'ortgayee and ?~ortc,agee ray foreclose this ::ortcaS2 in tne c.anr~er provice3 by lax, and have the rartgaged property sold to satisfy or apply on the indebtedness hereby secured. 6. The rents and prof~its of the r.:ortSaS~d proo^rty are also nereay r.,ortaaged and if procee~inns to foreclose th~is r.~r*_g~;2 shall ~e institu~ed, ;!:e ce~r: ca~inq jurisdiction there~f sheuid appoi~t a recei~•er of th~ r..ortc~s~d prc;~rt_~ ~~C a~ply ihosp ren;s ar.d proiits to the inCeotedr~ess Fereb~ secured, regardless of the solver~cy c,f th~e :;ort9a5or or ih~ ad~quacy os the se;,urity. lt1 kIT~:~SS 6'HERE.OF, the t~lortgagor has hereunto set his hand and seal the day and year first above xritten. SigneQ, Sealed an~ Detivered in the Fresence of: Q-c / at' .Ce~ ~ ~ ~ ~ ~ Its tiitn~sses Lo t'~c i:cr;g~yo~s STi~7E ~F FtC"~1[':S ~ SS CUJ:~IY GF Si . I~CIE ) ~ I hereby ce~•tify t?:~; on thi; c~ate, tefore ce~ a t.otary Public d~~ly ~uthorizrd in theState and Cour~ty named abuvu, '.o :.:t~~ ,,,i_~:c::lc~'.~•-rr~ts. p~~:anii;~ ::;.;~^„•edDOAald--~ -.~h8~ Q~ LO r~ (:IftY.::1 ~U ~-r_..Z~1C S'(•1';~!1 Cf ~~_1".Ot~S (~t,S(1'l:[(~ ii !'i:zi'~1vfj01' lil dli:i t:t~n lxCCiiLf1(1 lt~~! C+~O~T1~ ~ ~ yC~~- acknoxle~:~)t~ ~~C;O~(• I.R Lh.' CrcCLliOh Uf S.t:.~l'. ~ he On~ Z$ wife {~;(~?c:; wy hand ~r~~l ufficial seal iii lh~ tuunty .~nd Statc t:•lr.~u ~!~ov~ thls day Ot ,~u~ySt ' . ~ ~ r ~ ~ ~r . ~ ~ aa0!(~:l)J PA~~JO ~ _.-------------u~~iary r~~i,t i~-~______ - - . ~ ' , ~ (Nnt.~~y '.~•:~l) Ity Ct~n;~il::icrn T!~~1r~~::___._.__. - r ~ i. , , . , ' ~ Pa.t.{.Z ~ ' ~ Wea.ch- - - - - _ _ _ - ~ - - - - ~ ~ ~ i ~..~:f,h- -~-~.~s`..~t~r~.W r~, .