HomeMy WebLinkAbout0744 r:c~f'i~,ti~~ pb
MARVIN FAIRCLOTH, JR. ~~89 '`~''y~
_ - --~•~s
hcr^in ";!ort::~;u~•", ?.hether sir9ular or plural. in r3zside?•atic~n of ca~veyancc of rcal praperty hereinafter
described by ~:QLI~AY O;1T I~t ~~EFICA tii ST. IUCiE, 1t;C., he^ein "l~;ortga~ee", and to securc pay.r:c~it c+f thc
balar.ce o` thn purcl.ase price by rlortg3gor ObliyaLed to be p~i~, as evidenced by prorissory note fully
identifiad herein. t~~reby on this 26Lh day of _ ~Ulil A.D, 19~2 , con~eys and c~ortgages
.
to th2 said P;ortgage~ iLs successors and assigas the real property in St. Lucie County. Florida. described
as folloHS:
Conde~^iniu^~ Parcel: Lot ~^~837 cf VE~tTU3~ OUT AT 1'~~I.".4 4IYER, 1`:C., a Ccndominic^~.
according to t~e ~eclaraticn ei Ce^~~:~iniun th~reof recorl:•d in Or~itial Recor~s SooF: 210 at
page 1402, et_s•_o., cf tt~e Public ~ecerds ef St. Lu:ie Co~nty, ~leriCa. As previded fa~ by
the Condemini;:- ~ct of th~ Sia;utes of i~e ~t~:e of flcri~a (Cha~ter 711, Flori~~ Statutes 19e5.
et. seg.), sai~ ~rscrietion in this conveya^ce ~ncl~des. but is n~t 11~ited to. all aFp~~rtenanccs
to the Condc:~ini~.n i~~rcel d~s~ri~ed, i~tllding ihe linite~+ ce~on elerAnts assis~°d thereto and
including the u°~ivi~ed interest in the cc:r••en ~la~ents of said Condominium.
THIS IS A Pi;;Ci'uISE NOYEY F:ORTGAGE
' ~tM110~
As security for the ;~spr~znt of the pre~?issory n~_e of which the f~llo:+ing is a copy: lt~fll 1N~+rS
. ''M'`"''~'r" an~;"~' a .
S 13 .450. 78 Jul y
26
.,,,9 0 0 0 7 1 1
~ io~ rslei ?ecet~ee, 1, re, Or litRtr O! YS C~iSe to Day to t~e OrCt~ 6~ '~I'~~~~~d~0
~ HOLIOAY OUT It: F!~?~RICA AT ST. LUCIE, INC. _ ~O
N ^
~~,,.o~_ TNTRTFFN TNOl1~yD FO IR H 1NQRED FIFTY- g,ND 78/100--------- , p,,~,t,~ Nr D
" 1n o t flll ° c
~ ~ 3«S i~ac~.ree ~:3~. s.E. Suite 12i~. Ri~+r.ta, W. ParaDle trt ~LI 7 al 1 eowt consecutive ccn=1+1~~}~ ~
N ~ irs! •:l~erts o` ~ ~nl~..~~~~j
t:, tr.t l;csc .ns:ai:rncn: io Deco:r,e o~e s~+0 paYjWe oo a b!fore tne ..~(.SiYLi~ ~ i,~
~ day ol A~1~1U~ , 19~1.L~~s*d one ~nstsur.r_ne i. tx: ome oue snd cvr~bte o~ a Ge1ae ine w; X~Z
~ ~~a
a day ol ~atA succeeC.r~ m~ncn unul tr.c wAOte of s~~d ~ndebtness pa.d, 7rith ~ntaest trom rcatu~ ~ty at tAe rste of 20 rerce~t u• aa.w aftar te4clt, wr
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It Is tqrced inat t•ce :s of t~e essen:e ot tnts contri:t aed tnat 1n tn~ event ot ant~Wt t~ e~Y~~~ 01 ~ny ImUttment fo~ a oerloA of tniety Qfri tt+~ y
{ ' Dot~t+ OI t~lt no:t r-tY. ~:s t~[:~n. Gecetre atl I~s ~tm7ln~d~P1 f~ V GtD: Ou! ~n,~ CNItCUt'~ ~~A ~ny 4:1W~ lo latrUle S+!J ODN~n S!~a4 nOl coni~4 J ~ N
; t~te a w~a:rt• C~ Me li~ ! ae~UlC !nt i~mr ~t ~~y O:!~e~ :I~e. In ~•~a e.ert ef a+bwt !n Ctyment o1 t~:s not~ anO 11 Ue same is p~ac~0 tn tne AanOS f
» ~ of an atV.'r.ey fOr cC~ ~.:h]n. 1. we. o• c-:rrr ~ :•ts W C~y 2.+ c..::s Cf C01:!ZLGtl. PQ:aC.n~ ~ fNt0~73~:~ itlv~6eY'f lee. In tJi~ DlYTMI tf.l11 rOl
W~ uOe at matur.ty. i:~e a~a. ert, f~.s:te:. =nG e^oc~ic•L ~c•nt:y ana v..-.~!t!y e~.ee to a:.y e=ie~uons aw rene«ni witnout tmm~r .rouc~, 6~nO/nq O~•P i •
~ ~ f[t•tf /Or DJYmtnt rereo}, af 11 N t.tt~S~on3 0l t~Rt! Ot tctMtr~nC~ 7t ~ eymenl f1aC peen nt~~ Ot sranllC- ' \
~ 1, or n~, erd ea:L ot.~; v~r~:ne. n•~c~;:.~~, ae•etr. ;xr:r.fa. e,,;orsa, c~ o:nx party Rrreeo,r~ee toDe joinUy sn~ sercra~ly bound.l,or we, r
p ;c_c4tu~tnaw3n•eotr?~~d,prot~st,n~li:e cf ~e'~nJ. crottst, sc_ ron-ta~ent. ljt DO
~ G~ren vnye. tht 1~~d ~nd srat Ot ucn px:y. -
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+ No. . __.~..._r_._..(Spll
1501 _ North Du-Pont Highway
. . --.......____.___.._...______......_____....._......._..._--••------...._..----•--•.ISeai~ ~ ,.~0~ .
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Mortgagor fully warrar,ts the title to said land ar.d Hill defend th~ sa~re against tAe lawful ciaims of all ~ IxY
persons ~•:fier+soever, and agrecs: "'~~"'~i°
1. Ta rr.ake a21 p;~~~nts re~uired by that ncte and this rorte,,ge pra:,pt~y r.~hen due. ~ ~
2. To pay all tzr.es, ass_ssrrents, lier.s ar~ encur.~arances on ihat p:operty prar.p:ly Nhen due.
If they are not ~ronc,;l; r,~id the t~ortgagee pay tF.e-s Ki*hout rraiving the aFtion to foreclos~, ar.d such ?
pa~r:~~sts, trit~ interes: t~:ereo~ frc:.~ Lhe date ~f g~.~ie~t at thc sar.~e rate as specified in that ~ote, shall i
also be securc~~ t~y this !-:~rtgage.
s
! 3. To cc~?it, par~it, or suffer no haste, i^pairn.pnt or c~eterioration of the rv~rtgaged prcreriy. `
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f d. to pay all ex~ecses rea;;~nabl~ incurred hy :~:e .'~r;5agee because of faiiure of the Ftortga~or to
~ coa~vly r~itl~ the agrec-=•r~ts in it~at r.ote or tris r:ort~ac~, includin~ reasonable attorr.eys' fees and titte
E searcli~s. 7he cost t~~rc~., Nitn interest thereen ~r•~:~ th~ day of pa;r:~r.t at the same rate as specified
{ in that note, sha11 a~~so ~e secured by this r:.ortg~g~.
~ 5. ]f any paf-:~:~t oro•~ided tor ir~ that noie is ~Ot p31d withia 3~ d~ys after it beceR:es due, or i:`
~ a~y a~ree::.~~t in th~s :~~rt;age c:h~r ,~a~ tiie asrc~;.:tn: t~ r.aE;e th^ pay;;ents is breac:^,ed, the er,tir~ ur.~~id
~ prirci, al 531drCC' cf :-~t nc~~ s~:al1 ;~--.diatei~ ::ec.•.~~ c~e at th~ o~ iion of ti~e h'.ortgage2 and ti~Gi'T jZG~°_ r:.ay
to~eclose tFis ;~o~•t,~_= ~n c,~e car„i~r provided by i~u, and have the r:~rtgaced property sold to satisiy er
apply un tt:~ ir:debte~r.=_•ss ^ereb~ secur~~.
6. The rents an~ profits cf the r.:Ort^y3g~d ,:r,~;~~rty are also h~rebV '~:.rtc;aged and if prec~~^d',r~os to
foreclo~^ t}:1 : i^'~1':G1'_' SF~31~ hc 2~iSi1~U~^~~ ~FO CGUPt 1:?.Y1llCJ ~Lr15(~1Ct.70'1 i~l^TE'Cf S~.f~J['~ 2r'~Olfit a recei~'P?'
Of tI:P t'?P:i ~!;td ~f~::r?': dLC~ ~;.~DS~• r~f of~ ;."Ot 1:5 iT~E 1f~t~Cbtf't1f~E55 hereby secured, regarc'less
Of ~ft~ SUl~'c.".~ 0~ thc :~01':~~^y0!' ~^,P ih~~ dG~^QUOC)' Or :fiE security.
~.'1 {~:ITi:~ ~S :.:{:N~~=, t('~E• F'~r,~;.;or has Fere~:;~o .`.i:: f~15 fans and Sc^.Z~ t'~~ d3~ u11~ ;ear fir;t u70YE H!'lti•'_n. ~
~ Sigr,~d~ S`'?led and Dei:vrrt~ ~~~~7~ 3
~ in l,i~%• 'rescr.~e p`. '
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