HomeMy WebLinkAbout1538 Fredric M. Greenougn ~ or nelen w vree~ ~uy~a i_
herein "ltqrtgagor", kI1C~hCr S~II~:J~ar or plural, in tonsideration of conveyance of rea) prope~ty I~erei~aft
destribed ~y HOIIDAY OUT IN A~tiERICA AT ST. LUCIE, ItiC., herein "F~ortgagee", and to seture payment of the
balance of the purchase prite by Mortgagor obligated to be paid, as evidenced ~y praaissory note fully .
identificd hcrein, hereby on this 4 day of November A.O. l9'72. conveys and awrtgages
to the said Nortgagee tts successors a~d assigns the real property in St. Lucie toanty, Florida, described
as follo+~s: ~ ~
tondominiun Parcel: Lot + P~Q~ of HOLlOAY OJT AT ST, LUCIE, INC., a Condominium, accordinq •
to the Declaration of Condominiuh thereof. recor~ed i~ Official Records Book 1E8, Paae 1348, et.
seq. of the ~ublic Records of St. L~cie County, Florida as ar„eoded Dy Aereerent dated .lanuary 31.
1969 recorded in Book 175, Page lES2 et, sea, said Public Records ("lot"). As orovided for by
the Condcvainium Act of the SLatutes of the State of Florids (Chapter 711, et. sea. 1965 as suD-
sequently aRended) said descri~tion in this conveyante includes, but is not limited to, atl ~ o~
-appurtenances to thz ccndo-iniun eprcel above descri~ed, includi~o the linited cocrr,.on elecents r, ~~i
~ assigned thereto, a~d including the undivided interest in the ca°r.an eler.sents of said Condomini~a. ~ ~ z~
THIS IS A PURC t t RS E~~~ O~~EY t; O R
T G A G E ~ A
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As security for the p~yraent of the p~o^~issory note ~f whith the follo~ring is a copy: ~ i~3 .
3
~ ~
. ~ = 4.977.00 .k.u. ne.w~ Novenber 4, .19 7? ~ ~ v ~
tor r~idt re4ilrN, l, re. er euuer et •s_ofon~se w ar to ue o.ac~ e+ s
~ HOLIDAY OUT IN W~tERICA At ST. LUCIE, IHC. S~
' Q ~ ,,e ~r t~bur lriousand Nine huadred Seventy-seven and 00/100----- ~,,,,s~t g~ ~ i
t 1 t 1 ~ •~tS ?eacAtree ~s~d. li.f. Suite lit0. 1~t1u.U. W, ~iy~~le in 37
Q/~~ ~~~1 consnutire soat~DlzLL R, y~~
; t- N t~sU1l-.enu CS 41 .47 Last 4~Q~ the /rtt insi~llment to Dtcome aw u+d paYSble on Or Dt(Ort tAt .iY'.^L~i~L.~~, 8
;~j~ ~ day o/ ~e 19~~~.and one insullment io Decome d~e snQ WYabte on or Defwe ~Ac .~y~. _
~ ~
~'si`~ s dil ot exA wcceei.n~ month untd iee vtAO1e ol y~~0 ,ndeb[ness is w~d. vvitA ~MlrKt I~Om mitY~itY it IA! Nt! OI 10 tertMt ~er 7rrw ~fter eer~.It. ~ ~
u u e~e~a ~nsc et.-e is o+ r.e ~ue~ee or ina coocr~ct s~a tnat »~.reec e~ e•!.w~ ~n oar~:a~~ o~ anr unean~,e~~ rw ~ oe.we ot eea:r aa»:n• ~~'~i
~o!aa o1 tnis not~ n.r. at r.s cct~pn, CeUe~e ar. tn~ «ms~nser P~ sa!~ Crat au~ ~~O em~at4o:~ saa any ta.w~e to e:eeuu saia ootbn v~:~~ no~ cons:~.
; a t j ~ luto ~ w::.er ef t:+e r, t ta tasrc~x !ne L•ce at any ot.^•H flT~. tn 1~! e•c~t M utaact ~n : y^~cnt o~ ~>~s no~e ano ~t t~e ume :s e~scto in t*.e ~.+nos x .1
H M Of ~D it[WneY fOr (O~~<:I..n. 1. we. Ot trtetr C' us. a~.es to OiY an ccs:s N[a~xt:~en. ~aaue~+i a reasNaN~ attornev'f lee. ~n us~ oaYmen! swla rot Qr
y; ~ 1 tt m~ae at ns:~:~tY. t•~~ eri~ert. wrei~es. anC enco.irs. ls~~uy ~ne s;.aa~iv a:re~ to a~y eater.alons o~ i~neMau witnout turtne~ not~c~. Wna~nq our• ~
i j~_ N ~ s~~.~n ~or o+r~~ +s 11 no est~Mront of Ume or tdDearant~ 01 psYment naA C~tn ma6~ oe sunte0. ~
~ z: ~ 1, or ~re, a~d eacn of.u: wne:ne? pr~nu~~~, s~ecv. 9~'~n~a. enoorser. u otne~ naeto, apree ~o ps jointl sevaally bound. 1, w ns.
+w ~ i = o exh (vr[Ixr ~n~ire dert»nd, p+otcst,ecttce ot dCi4!. oroLeSt. iM OH-O~X+tnt.
1 t I I G~ven under t1+e t~nd ard sca~ ot aM puty. ~
~ ~ ~ ~ ~ ?~a. p'
18 a,~ 10 Yrs . ~ _ ,
:,,1~~11 _~Q..
YP.SL~~.l.g.0u~~~ Rural_Route ~ ~ _ .s~~~
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a ~ p(Fbrtga9or fully karranLs the title to said land and Kill defend the sa~ae against the law 1 claims of all
persons t:ho:~soever, and agrees:
``_4- x;° ~E 1. To a~ake all paye~~nts required by that note and this wortgage pranptly rrhen due.
2. 7o pay all taxes, assessryents, liens and encumbrances on that property ~ronptly Rhen d;:e.
If they are not prorr.ptly paid the ~tortgagee may pay the~ wi*_~out rraiving the option to foreclose, and such
payioents. arith interest thereon fra~ the date of pays~nt at the same rate as specified in that note, shall
also be secured by this cartgage.
3. 7o cocr.ait, permit, or suffer no Naste, iupair~ent or deterioration of the aortgaged proPerty.
4. To pay all expenses reasonably incurred by the ~~ortgagee because of failure of the Nortgaqor to
toa~~ly r~ith the agree::~nts in that note or this mortgzge, including reaso~able attorneys' fees and titie
searches. 7he cost th~reoi, ++ith interest thereon fren the day of payTent at thc sac~ rate as specified
in that note, shall also be secur2d by this cortgage.
~ 5. If any pay+nent Drovided for in that note is not paid rrithin 3~J diys after it becanes due, or if
~ any agree.:.~nt in this ~::,r;gage o~her than the zgreec~nt to cake the pa;TCents is Dreached, the entire uRpaid
principal balar.ce oi that note shali i.r...~diately becc::e due at the opticn of the Nortgagee and :;ortg~gep c~y
3 foreciose this ::ort~a5e in tne ranner Fro•ride~ by laK, and have the cr~rtgayed properiy sold to satisfy or
apply on tlie inde5tedness hcreoy secured.
6. the rents and profits of the r..or;gaged property are also h~reby rArteaged and if proceedings to
foretlose this r:~rt;e;z shall be' instit~s:ed, t!:e court i:a~~ing jurisdiction Lhereof should appoint a recei~er
of the c:~rt~a5~d prc;:r;.r a~d a~nly thos~ renis and pro`~ts to the inde~;ecness f~ereby secured, regardless
of the sol~er.cy af the ::ortga5or or the a~~q~acy of the security.
1N EJI1~:~SS S+'HrREGF, the Ftortgagor has hereunto set his hana and seal the day and year first above Kritten.
SigneA, Sesle~ ar.~ ~eliv^red
in thc Pres _e 4f: _ ~
~ - ` J!/ ~ -
O"
~ ' EO ~ ^ ~ECOROE~ ~
~ G'~?'~ : J:'RAS .
~ A; ~:itnesses to the ~:~r ~ ors ~~~FK :;,•~•.1?T COURT~
~ -
¢ P~CC~~~. V~ ~'~IE_^.~~...~i.~ 242635
ST;~1 E Of F; (::t! C~A )
~ ~o~:iiY 0~ S~ ~ SS Nmt 2l I I 26 AN'~Z
~ I hcrcby certify t!~it un this clat:, bciore r.c. a t;otar Pu51ic du~y uthorizcd n th~ 5t te a~d Co nt
Fy M ~reenou ~ b -He~en E. ~r~enough
~ na~acd ahuvr, to ia~~r aci:ao::icj+..:.-~~nts. prrsor~alty a~~a^are~ _redric . 9 -
~ to r..~ Ini~:.,~ tr, Ire• th~~ pc•r:o~~ or ~:cr~.on•. ~';scri`.ed a. i;:,rt,a,o?~
iu ar.~ii~io c::cc;.trcr tl~~. ore;otng ~..ort9agc and
acknm;lcti:g_d.;{~Zfor~ ?..~:.t~i~~~~xi•cutiou c,f za:.~c.
y t i "
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~litn~s~;Ja~t''f~~. an~nK~~fal sral in thc~ c~unty ond state rai::~:J uboro 1h15 4 day of November ~
19 ` ~r' ~ ! ~ R PAfE~.538 h~
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