HomeMy WebLinkAbout2730 i~41:iv~ .
Lawrence E, Osterbercx~ Jr. and/or polores A._Osterberg, his wi
hernin 'Hortgagor", ?+l~cthcr sing~~lar or plural, in consideration of convcyance of rcal propcrty liereinaftc~
described by NOL1DAll OUt lY a'~ER[CA AT ST. IUCIC, IttC., hercin °lbrtqagee", and to secure paymant of the
balance of the purchase,prite ¢y Nortgagp~ pbligated to be paid, as evidenced by promissory note fulty .
.ii ~i ~ :~1 l. 7i.~i
ldentified herein. hereby on this 27th day ot September A.O. l9'72, conveys and mortga9es
to the said Mortgagee its successors and assigns the rea) property in 3t: lucie County. florida, described
as fotiotis: 1?6
Condominiun Parcel: Lot 1~ of HOLIDAY OUT AT ST. LI~CIE, 1t~C., a Condarniniun. accordinq -
to the Oeclaration of ConAon~n~u~ t ereof, recorded in Cfficial Records Book 165, Paae 1348, et.
seq. of the Dublic Records of St. Lucie County, Ftori~a as tr.,ende~ ~y Aareerent dated January 31,
1969 recorded in Book 175, Page 1652 et. sea. said Public Records ("Lot"). As ~r~vfde~ for by
the tondeninium l~ct of the Statutes of the State of Florida (Chanter 711, et. seo. 14E5 as sub-
sequently arended) saic descrie+tion in this conveyance intluces, tw t is not limited to, all
appurtenantes Lo the ccndc--iniur~ Carcel aEove destribed, includir.q the linited tor.s^on ele^ents
assigned thereto, and including the undivided interest in :he ca:r•un ele,r.en:s of said CoRdarninium.
THIS IS A PURCHASE MO~~EY N~ORTGAGE
As security for the pay:~nt of the proc?issory note of rrhich the folla.ing is a copy:
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S Je~se~ tacl. itoNaa 19
ior ral~e ~Ketrtl~ 1. rt. Or ettAtr of et.Pfoais! to Wr to tRe Order o~
~ ~ Nro tnAtr oUT IN AF:ERICA AT ST. LUCIE, 1NC,
~ ctt f~a.r.$~ ~ n.i....... ;;;a c;.. u.,,,~7,-~i F; ~htv_„~i n~ and 57/100----. Do~b.sat
~ ~3lCS ?esc~;ree tce_. n.E.,•• ~~tt 1t10. 1liUaU. W, Piy~~l! in ~5~011@ _ eG~al tCnse:utirt corthl~j.~~~,, -
N icst~ll-rnts ot S j 1 1_ A 9/1 1 1_ fi fi-f i ru~ ~~a~~~,~jment to D=come Cuc snd Oarable on w bctws the ._.siLYi~
aay o~ n~'t'.CL~?Pr ,~9~i~i.~.snd one insuliment to tKrnrt+r due and p~Y~Dfe on a Detwe tA~ 7f1~„
<
~ day of exA wecee~~n~ montA unul tl:t ~nlwle ot taid indeDtnest is pa~d, with intpest (rom nuturitv at tAe nte of 10 oerce~t ar iwar alter le~autt.
~ It tS lq~ee0 1n~1 t~~e Is of tA! ftlenCe Of t~N t~tr~c1 ~AA tAal In IM~ wtnt 0/ Oet~ult (n OaYment O~ !ny Inf:altmHlt t01 ~ DerIOA O~ tl~t~ty Aly1 tM
~ ~ AOI~f! Of l:~lt n01! n~Y. 7l Its Oi~:iOn. CtClare aH t~~ fcn4~M]Cf pl f~}~ ClDt 6u~ ~ifd tot'Ctlf~i~ ~nL ~f~y I~11Y1! \O ttllC:Y. f~ld ODttOf1 lAJII nOt CJAft1•
Irte a r.afvH ef tne n:at ~o erer:lse ;nt ur..e 7tt an~ otr.er tlree_ In ta• tvcnl Of tC2ctt In 0=l~"ent Gt tlff n,~:• ~oC 11 11+e fanx is CUceo in tne Mnos ~
w ' 01 111 ~l[Mf~lY /OI (C+=~+..l+G~f. 1. wf. Ot l~tntr C' ~+1. Z'~l~ l0 07Y JI/ [(•3:! CI fO1::t:ICR. I:.CI~C.~~ a ralt•~~iJ~~ ittOfntY't ~tt. In C!!! D~Ymt~t tA!'1 nOt ?
be meae at malvrRY. 4:e r..~.e.s. sure:fes. tnC enpo~u•s, lunuy mQ sert.aUY ti~u to a~y r¦tensi~r:s or r~nenalf wiioout futtne~ notK~. DioOrtq Ouh
~ f~IVK /OI pIYTMt OtKOt, as 11 no aa:ens~ont of t~ma u torpeeranc~ ol airmmt n~a Oecn mee~ or yranua.
1, OI Nt, tnd l3:1 O~.Yf Nhl111N p~~K.'v~~, SY•[lY. Qvif~TlOt. lfq.xSCt. Or Oth!T polty htfClO, iyrtt !O b! /DM[ly ind itYNi1 bOtNW. ~.01 Wt.
t each lurther M~~re 6emand, orotes~, a:tice et l~-~ed. orotest, ar,d rqe-Capaer.t.
~ Grven unde? tAe W rd and yral of acA party.
_ ~~o...._I-14 1761_ o~. 5 -years w __ts~~n
T.Q
4th....~fi.~..~.....SS? ~.....~Y_~.~G.~. ~I.~.~ 0 8 8 8 2 _ .~as~n
N~N ~`~x ~~N~MN~M~MA~
ltortgagor fully ~rarrants the title to said land and rrill defend the saece against the lahrful c ims of a11
persons t:he:~soever, ar,d agrees:
1. To s~ake all payQ~ nts required by that note and this wortgage pra~ptiy r~hen due.
2. To pay all taxes, assessraents. liens and encu~brances on that proaerty pror.,ptly r:hen ~u~.
lf they are.not pror.:ptly paid the Mortgaoee may pay them xithout yaiving the option to foreclose, and such
I payments, Hith interest thereon fraa the date of payr,~nt at the sacne rate as specified in that note, shall
i also be secured by this ciortgage.
~ 3. fo com~it, permit, or suffer no r+aste, i~pairesent or deterioration of the ~ortgaged property.
~ 4. To pay all expenses reasonably incurrpd by the ~fortgeeee :ecause of failure of the taortgagor to
~ coa?ply t~ith the agrec::~r~ts in that note or this nortgage, including reascnable attorneys' fees and titte
~ searches. The cost tl~sreof, ~~rith interest thereon fro:~ t6e day of aayr.:.ent at the sarse rate as specified
in that note, shall also be secured by this cortgage.
5. If any pa;rr:.~nt provided for in that note is not paid triti:in 3~J days after it becomes due, or if
any a9ree.:.:nt in this :~r;gage other than the agreec.ent to ~:~ke the oayr„ents is breached, the entire ur.paid
principal balar.ce oT that note shall ir:::~diately becc.:.e due. at the opiian of the ~:ortgagee and P;ort,agEe r..ay
foreclose this :ort,ace in L'ne rra nner provided by lax, and have the nortgaged property sold to satisfy or -
apply on the indebtedr,ess hereby secured. ~
6. 7he rents and profits of the r..ortgaged property are also hereb~ r.Artgased and if proceedings to
foreclose this r.ortge;e shall be instituted, !he court having j=~risdiction thereof sneuld ap~oirt a recei~er
of t!~e r.;,rtc~sed prc;-:r*_.~ and ap~ly those renis ard profits :o the indeb:edness F~ereby secured, regardless
of th~ solvency of the :;ortgagor or the adequacy of the seturity.
IH ~lIT~:~SS k'HEREGr, the t~lortgagor has hereunto set his hand and seal the day ar.d year first above Nritten.
SioneA, Sc~aled an~ Gelivered
in the P es ce of•
X i -
y.~
~ `~L
~ .
' /1s ~Sitnesses to lhe "criga9ors ~
SU~IE GF' FtCkli`A ~ SS
COi1:~TY OI' ST. LI:CI~ )
1 hcreh~ ccrtify Yi~at un this date. before r.~~ a Rotary Public di:ly author{i~zed in thc Statc and County
' f1JS.".CO ~l~-t~Yl'• t0 tJ{'(l Jli_t10:l~C(~~:i'?fl~i• (~1~~'SOII~I~j~ i:~~~Cdt'/:Q~a~"p__~E. Q~`S-~~Q~Q~~._ and~~~_Tlores
to r.. { r,o::,~ tn b!• the :on er per•.nns e'^:cri:.cd as I:urtgagor ln ancT ?rh~ c•xr.culr t+e' rre,o~r~g i~wrtga~c or~
ac{:no::lc~lg~d I~efw•r• i.~ th~• crccut ion ~f s;,::~e.
A. Osterberg, his wife
1lit~u::~s my. I~a.nd and official scal in ihc tounty <<nd statc ~nrxJ al~avc tMs 27fh day o(gP_,,,~tpmheY' ~
19?~ _ _ ~~L ~ ~
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~ B@~~'JKF.+~~ PA~?2?2,~ ~iulary Publ~c
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(tlolary~;r.r~j Ily Cc~unl::ion Cxp;r.r;:.___._._...
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