HomeMy WebLinkAbout1698 IG~.#l)a~~~ ~
Edward H. Adams an~~Q,~ Eve,~yn H. Ad~ms+ hiG wife 5~-
hcrein "Hortgagor", ?:I~ethcr sin,ular or plural, in considcration of conveyance of rcal propcrty I~ereinaftc~~ ~y
described by ItOLIDAY OUT IN a'~Ef;ICA AT ST. LUCIE, 1t:C., herein "F;o~•t9agee", and to secure payment of the
balance of the purchase price by Hortqagor obli9ated to be paid, as evidenced by prarissory note fully .
ldcntified hcrein, hereby on this 31st day of Auqust A.D. t9'72, conveys and r•artgages
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to the said P:ortgagee its successors a~d assigns the real property in St. lucie County. Florida. described
as foltot~s: 346
Condominiun Farcel: lot ~S^7 of NOLIDAY t!UT AT ST, II~CIE~ IMC., a Condo~iniuu~, atcording -
to the Ceclaration of Conc~om~n~tTiereof, recorde~ in Official Records Eook 1E8. Paae 1348, et.
seq. of the Public Recore+s of St. l~cie County, F1oriCa as ar..ended Dy Aareer.ent dated .lanuary 31,
1969 recorded in 6ook 175, Paqe lE£2 et. seo, said Public Recerds ("Lot"). Rs ~rovided for by
the Conde^iniun Act o` t~+e Statutes of the State c~ Florida (CFar.ter ~11, et. seo. 1965 as suD-
sequently a~ended) stic Qescrintion in this conveya~ce incluc!es, b~t is not li^~ited to, all
appurtenances to the ccnCe-iniur~ rarcel a~ove described, includina the linited co-s^on elerents _
w_.~,,,,~ assigned thereto, and including the undivid~~ interest ir. the cc.°^on elenents of said Condomini~m,
~ , ~ ~ j . THIS IS A P~Rr~ncc ••n,~cv ?•noTr~!`c
1i11AJL ~~~V~\L 1 I~IVI\~ ~3G
~ 1 security for the pa~~rxnt of the pres~issory note cf uhich the folla~ing is a copy: ~
, . MN~ ~
`t"z 7,821.00 August 31st 72 ~ ~3
I_ i s . . Jensm te+cs. florfd~ 19
ior rat~e re4Nrel. I, ?e. w ett~er ot a; P.a~tse to wy to t~e or~e~ o~ W C` ~
. ~ HOLIUAY OUT IN tiF'ERICA AT ST. LUCIE, INC. ~ g~ r
, ~ev~r Thnnsancl Ei ht H~ncLred Z~„rentv-One and no/100-
t; _ . ' r t?e Hn ~t - - g - ~olbrt ~t ~ ~ $
119/one ~ °
~'.'.'C ~3:C5 Oeacn:.ee ac::, at.E. Sutte 1[~0. At~u.u , Ea. ~~y~~le In ee.~l conse:utire =ont~ip ~ ~u
' ~ ~ ~ p' C1
~;Y _ ; H Sr.fttl l~.e*ti Of S ~~#',atlmen[ to Decome ~uc a~d DaYaDlt on w betwe th~ d ~ v 3
JJ ; i K ~y o~ n~tnhPr , t9 and one insisument to becane o~e arw payab~e on or octwe tbe ~ s~~_
day of each wccr_a.^~ mon:h unul tre wlwle ol saU .ndcbtneu is pa~d, witA mRrest Irom maturitv ~t t?+e r~te ol 10 earuee ~e. aen~w ~~ter te4ytt.
~ ~ It I3 a;ree0 tnat t~m~ h Of t~~ eitente Of t~ls centrtct snd t~~i In t~e w~M Ot Qe!lult In Oay~r+ent OT ~ny Inft~llment fo~ s Dtr1o0 O/ t~lrty days t~~
, j ~ . h0:0l~ Gf [.'~:S ~Ott n:~/. it 1;{ C_tipn. ClGI!!! il! INO Kml~nJCfpl fA~,~. teat eue sno co•~e:~tos~ s:.a mr ra~wre to eaerav fa~~ oot~on snin no: coniu- 7 ~
It•tt ~ wt'c!~ tt tnp n:~t In laerUS! !n! i~r. e at anY ~:^.H t~~t. In t:e: e.ent N[~!_~:! 7n 0_Yritnl f.~ tlif p0!e J~O U t~t f2mt It LqtlO in t^.t E~nOC f~~ ~ W~
_ ~ ~ t Of ~n )t(O~:~tY fOr Cf~.c:t.C". f. we. Csl.S~er C! uti. J?~ti to ^aY a~/ toi:t e1 [c~~.t<t1~R.InUU.'.1i a rtptJ~aDl~ ~:ICroev'S tel. In [JS! DiYmeM t•.2~1 not ? Z
~ ,i Lt nu~e at n~,u:~:Y. L~e r. ~.ers. t.•e:!et. a~e enamsc•~. ta~uv ar.d s_.era~+y t:~e~ ~o ~~v e.trr~Wns o. ~entwaU w+:nout fu~Mtr noUU. MeO~~q our- ~ H
• Nl~e! lor D~f^~^t terc~t. ~i ~I ~o e•:cnt~ons ol t~me or it~Qtt~~nt~ OI r~Yment ~~O bten mi6s or yrantetl. N y ~
. • i ~ ~ i, or •:e, sf+d ea;ti ef .us ~+r.e:kr ,^nnc.ca~, su.e~v. gannnipr, ervr. scr, or otnn pany naeto, a~ret to De pintly zM seve~apy bound. l, or nt,
eacA lu~etx~ w3ne oeman0. v'ctes~,c.-tue cf le+in_, cro.est. ~rd ese-w~.-eet. ~0„
° G~~en ur?ytr tAe Aand and xal of txA party. ~ V~ V
. . : c i, ~ No. _ S-7 ( 346 o~ 10 ~ears . . _ ~ ~
_
: _ : ~-9---Cedar Brook _Dr.~.Toms R' vers . ~.......__..~~~Lf ~ cL~~ ~~-~~-as~~~ ~ ~ ~
NM~~!!~?1iNMM~NN~~KNKH~+N+~w~+~~! » • a .
llortgagor fully r~arranLs the title to said land and ?rill defend the sac.*.e against the la~rful clains of all
persons f:he.;~soever, and agrees: _
1. To r?~ke all paycr,~nts required by that note ar~d this mortgage prcciptly r.fien due.
2. To pay all taxes, assessc,ents, liens and encu~nbrances on that pr~perty prar.ptly rrhen due.
If they are not prer..otly paid the i~;ortcagee r~y pay then rrithout rraiving the option to forzclose, and such
payments, ?rith interest tnereon fru~ the date of payeznt at the same rate as specified in that note. shall
' also be secure~ by this r..~rtgage.
j 3. To ca~nit, pernit, or suffer no xaste, irpairment or deterioration of the rortgaged property.
i
~ 4. To pay all expenses reasonably ~ncurr~d by the ~fortgagee because of failure of the Flortgasor to
{ coa?ply Hith the asree:=nts in ;hat noie or this ~ortgage, intluding reascnable attorneys' fees ano titlz _
~ searches. The cost :~~reoi, ~,itf~'i~teresi thereon fre:~ the day of pzy~r..e~t at :he sac~~ rate as speci~ ied
in that note, shall also be secured by this r..ortgage.
5. If eny pay~~rst provid~d for in that note is r.ot paid ~rithin 3^ d,~ys after it becames due, or if
any a9ree;:;nt in this :~~r;gage otltier th~n t~e agree~ ~ni to ~:ake the p~;~r2nts is breached, the e~tire u.^.oaid
principal balar.ce oi :F.at rote shall ir.-~dia±zly becc'~e due at the oatian of the ~:ortgasee and ~;~rtc,eeee r.~~y
fereclose this ^ortsace in tne canner provideC by lax, and have the r..~rtga5~d proper;~ sotd to satisfy or
apply on t'~~ in:;ebtc~r.ess hereby secured.
6. jhe rents and profits ef the r.:ortgtged proF£rty are also here~y r.Artea~ed and if proceedings to
foreclose ti:is ~~rtg~:;2 st~all t•~ ins:iLuted, ?t~ ceurt F.~~ing jurisdictien thereof snculd appoirt a receiver
of the r.~rtc~:ced prc;^r•_~ a::~ erply ~h~se ren;s ar,d profits to t'r:e in~eb:ecness Fereby secured, regardless
of the solver~c•,• ui tre ~'.ortgaSor or the adpq;;acy o: :he security.
1N F11t':ESS k~rP.~GF. Lhe '~!~rtgagor has hereunto set his hand and seal the day and year first above Hritten.
S~g^cd, c: ~le~ cr~ C~~;ivt!'cd
in the Pr scr;ce o: `
~
~ '
~ ~_~ti FItEO AtiO RECORDED " / / ~
~ - -S C~`~.hc .~.6UCic C~t
'tiJLY FlA• ~ .,~`~.c~c l-t'" z-La_
~
~ ^ ROCER P~ITRAS ,
As ~.'itn~sse> to L!~e f'crtuo•jers ~~EflR CtP,CUiT CGUttT ~
~ RECORO ~FR~~IEG
~ ST;• I F f~ t t:'':1(';, )
~o~.,~Y ~ SS pcT 25 IZ 34 PM'~Z 2~0548
~ I R~:•~•.~y ceriiiy tt~~t on this ~late, betore r.e. a ~~otary Public c';ily ~:thorizr•d jn ti~e State and County
~ pdi:il'C J~~uvc. LO :.'.E'e die~diJ~L"t..•:~•(1t5. ~~.`1'SO•rli`Y ~~a:Sl',tr~~
0~-~~~ U~~~c ~ ~ 1 SI
LO r..~ ( n.~ :~i in h~r 41Hr <<~!•;Gn Gr ~:r•r•.r;n; c' `:~.ri: eA l::~rl;ay r n~tn t..:o c:~. i.:e t~" oil'~~r~~~ ~~1~ge am
~ dCF:lO::li`,'.~~,t~ (~CiC+~'(~ l.~ L!+~' C•%GCUiIUh Uf Sa~tC.
~ ~litncr•s iny t~~r+i in~~ c?fficl~l sc~~l in thc taunty ~~nd slatC nar.u~d abovr. ihis _ 3lstday ot __j~~LSt~ ~
19 - ~ .
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