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HomeMy WebLinkAbout1508 • 2:3&3~8 ~a Merrill I. w~~ anA r v'~~#,~ Webb, his wife 9~d herein "Nortgagor", ?rl~ether singular or plural, in consideration of conveyance of real property I~ereinafter . ~6. s~o destribcd by NOLIDAY WT IN A,4ERttA AT ST. LUCIE, INC.. hercin "flortgagee", and to secure payreent of the ' Dalance of the purchase price by Nortgagor o0ligated to be paid, as evidenced by promissory note fully . ldentificd herein, hereby on this 29~ day ot August A.O. l9' 72, conveys and aartgages . to the said l:ortgagee its successors and assigns the real property in St. Lucie County, Florida. descriDed as follo~,s: 536 ~ Condominium Parcel: lot # N- 2 9 of HOLIDAY MR AT ST. II~CIE. 1NC., a Condominium, accordinq • to the Oeciaration of Condom~n~iu~n tTiereof, recorde~ in Offitial Records Book 168, Paee 1348, et. seq. of the PubliC Records of St. l~tie County, Florida as dnended Dy Agreerent dated .tanuary 31, 1969 recorded in 6ook 1?5, Page lES2 et. seo. said Publit Retords ("Lot";. As ~rpvided for by, the Conderainium Act of the Statutes of the State of Florida (Chaeter 711, et. sea. 1965 as sub- sequently a~!ended) said descriotion in t~is coeveyance incluu~es, but is not limited to, all appurtenar~ces to the cendo-iniun earcel abave descri~ed, includinq the linited co~r.on ele~+ents assigned thereto,'and including the undivided interest in the cor.r,~n elea+ents of said Condominium. THIS IS A~ PURCHASE MOyEY M~ORTGAGE aiNno~ ~ ' 3i~m ~N~:3 1~As security for the payr.~nt of the pro^~issory note of khich the folla.+inq is a copy: "~ffi Au st 29th 72 ~ 0 1 0 3 8 ° ~ ~ 6 399 00 ' t ' ' ~eesew te+c~. rlx~Qa ~ ' 19 ~ IIIIIIIIt,e,~~0~ ~w R o ~ ler ral~e rKetrci. I. ?e. er NtGer e f ~f_Na+ 1st to oa~r to t ~e e r der o ~ _ ' ~ ~ HOIIDAY QUT IN kt~:ERICA AT ST. LUCIE, INC. ~ N° ~I~D Six Thousand Th~ee Hundred Ninetv-Nine and no/100- o,,,,,s,~ ~~~i x~3~ p ~ ~~.CS ?NfM,tt! RC2~~ li.(. 511~~! ~21~. ~LIU•u. plJ~»t _ 119/one CO~SKYL~~! WM1LI~~y Z; y >~~.t, r~-~ O• N tr.sc+ll-er.cs ot Si~ ~ti w,stsu~,e~< <o oeco~ o~ s~+o wraae o~ w bcr«e ~ne ~~.i4~,~~ o Z' ~m `i ~ oy'~ ~ d,yo~ SP~tPm~~pr ,~9 ~~+done~ns~anme~ccowcomed~e.nowr~~eo~aoetaecne QyL~ : C~A - y~ ~ d~y of exA suceetl.~g montA until tAe wAoFe o( sa~! .ndebtness is paid. with intertst irom nyturity ~t tAe rs[e o1 10 eerce~t ~e. ar+n after le~rrlt. ~T~-C U v t~ ~ It U l4ree4 tnat Ua:e b of tne essence ot tnb cantwcl ~n0 tlu! In tn~ ereet et ONwN In oav~+'mt ot any lostanmml for s oerloe ot inutv eays tn~ J/- ~ N hOt~~r Of t>it nOtt ~_Y. ~t .ts eetion, tec+arc ar. tn~ rema~rs:e~ j.t y~~ eoat aw ano ea~a:dt>:~ ~na any qe~we w eacrc~ss f~io oouon snan not consu. , ' ~ Wt~ s w::.er o( tne n;it ta ecer:iu e~e ue*e et anY otr.a t~'*e_ ~n tar e.ent et ta+~utt m oaimcnt at ~n:s no!e ano tne ume is cpceo in tne ~.anot ~ ' g` ~ •i.o~, o* e~t~e~ ee „s, a-.e~ to c~y +u eo:s et emice:ioe. ~newa:~ • ~WfOt~W~ 1tlo~aeY's h!. ID ~~if DJYm~nt Sn~tl eO{ ~ ~ y~ 01 1'1 ~ItOI~lY fOr CC:.!. i • ~ V~ t4 m7Ce it ~1:~r~tY. t:.e K7.t~f. Wrt:fK. in~ lnC01f2'f. IC~nt1Y af1C fC~tt~lly t 2~l~ l0 J7y tatlrSlJM Of flPfwllf MI1110Y1 fY11Alf IqIK~. DMO~~ OYh W fNrtt lor Obm~nt ?.er[ol. ~s u no ~a:enswos ot bm~ or tc~pearanc~ o~ p~Yment n+o wcn mate or yraete0. ~-.':-'~N~ ~ O ~ 1, w n-e, end exn ot.us ~+nnAe. . inu~at, sure[v. ~~+rsmw. eny~rscr, or o~Aer par~Y nereto, agree w be jo~ntly aM uvenlly bowW. 1, w we. : / 1 f ~ ~ w~ ~ ex~~v~tAaw~rvederrond,D+otest,retftt Cf !t-~n', orotest~ a?d coa-wyr+t . ; ~ ~DO ~ G~n under tAe Wnd and feal ol peA pwty. ~ 3 3c X L ~ _ ~ ~ I~~i No. _...~-2~--~.6.~... Due ___.._10_. ~Qars _w~~C~~! v _lSaq NATO P~O. Box 1418, _ Sarasota, u. Z.~ __,_w_,_,___....._~~,,, °f :~~4 N ~.lnv~eS ~M~~ O `4 Hortgagor fully warrants the title to said land and xill defend the same against the laKful claims of al-~"~-"-` persons t:henscever, aad agrees: 1. To c~ke all paya~ents required by that note and this mortgaye pranptly rrhen due. 2. 7o pay all taxes, assess~ents, liens and encumbrances on that property promptly wfien due. lf they are not pronptly paid the Mortgagee a~ay pay the~ without rraiving the option to forzclose, and such ' payments, ?~ith interest tnereon froei the date of payr,.~nt at the same rate as specificd in that note, shall I also be secured by this r9rtgage. ~ 3. To ca-arait, perwit, or suffer no ?raste, impair~ent or deterioration of the ~ortgaged property. ~ 4. To pay all expenses reasonably incurred by the Yortgagee because of failure of the Mortgaqor to com~ly yith the agree~~nts in that note or this cMrtgage, intluding reasona5le attorneys' fees and titte searches. The cost thAreof, Hiti? inierest thereon fre:~ the day of payT.~nt at the sa~ rate as specified in that note, snall also be secured by tnis ~ortgage. 5. lf any paynent provided for in that note is not paid r~ithin 3~J days after it becanes due, or if any tgree.:.,nt in this ::ortyage other thaa the agree~.ent to make the pa}r~nts is breached, the entire unpaid principal balar.ce of that note shall ir:.:~diately becc::e due at the option of the t'ortgage~ and ~:origaqee r.zy foreclose this ::orLgaSz in tne canner prcvided by la~, and have the nortgaged properiy sold to satisfy or apply on ihe indebtedn~ss hereby secured. 6. The rents and profits of the r..ortgaged pron_rty are also hereby rcArtgaged and if proceedinos to foreclose this ~.ortg~;~ shall be institu~ed, t!:p court ha~ing jurisdiction thereof should ap~oint a recei~er of the r.oricased prc~:rt.+ ~nd a~ply thos~ rents ar~d profits to the indeb;edness hereby secured, regardiess of the sol~ency or ts~e ::ortgasor or the ad~quacy of th~e security. 1N H1T':~SS 6'H~REGF, the ~iortgagor has hereunto set his hand and seal the day and year first above Hritten. Signed, Sealed and Delivered 2,3~~~8 in e Preser,ce of: , Q~ 4 ~~i~f,,,~ ~~/'~L~ ' f lE0 AND R EO 1~~ ItOCER POliRAS UkT • RECORO VERIfIEO AS L:itnesses to thc t:oriaagors ST;~1 E GF f t G':I ('d ) ~ ~ 20 Sl 1~1 ~~Z COU:iIY U~ S] . Li:~li. ) S' 1 herchy ce~•tify th~t on titis dat^. Lefore r.;:~ a t:otary Public Ccly avthori2ed in theStatc and County - naw.cp..ahovc. t0 ~il~:(! dCi.(.Q:1~C(~':r'C'fli5• ~?l`!".OtIJI:~ A(,,.~.ared p~~j to~i~: E.r<~:;~:=to 1,~. .ih.• pc ?;on or ~:cr :r•n; C_~scr i: ed as lic~rt a o~~'~:5~?,f 1~ execu eJ"t~e~ ~ ore;oii~j~i~~~ 9are ~id ~ acknor.l»!g_J•l~rf3r~• th.• ex~cution ut s.~::~c. his wife Hi~C1u:s e~~ Irand and ufficlal se;~l ii~ the [uunty and stale nac~cd above tMs 29~ day ot Au~tlst , 19 Z~: - - - . . Ilul.u•y Pul?1 c ~ , : . Q ~ ~VV r ~~,W ~ ! (tlc~t,l!y ;~:~1 i 80U1( ~~i Fly C[~~ini inn Lxp r~~;t.--• r--. . ~ , . , . - - ~ - ~ - ~ • R.~ , - - - .