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HomeMy WebLinkAbout2194 _ JotL~ ~y,_c:arte anaio_~na~~ ~.a te~ 1113 wiin y~A . herein 'Hortgagur", Nl~ether sin9~lar or plural, in consideration of conveyance of real property I~ereinafter o?J~3 ~ - describcd by HOl1G1r OUT 1N /~~:ERICA Aj ST. LUCIC, I~iC.. he~ci~!"F;ortgagee", and to seture payment of the ,:7 6alance of the purchase price by Fbrtgagor oDligatcd to be pSid~ as evidenced by promissory note fully . identificd herein~ Aereby on this 21st day ot ,~ygpj~r A.D. 19~, conveys and mort9a9es . to the said ~lortgagee its successors and assigns the real property in St. Lucie County. Florida, desc~ibed as folloas: K-35 Co~dort!iniun Parcel: Lot of kOL1DAY OUT AT ST. LUCIE. INC., a Condo~inium, atcordinq ~ to tRe Declaration of Condom~n~un t ereof, recorded in Official Records Book 168, Paae 1348, et. seq. of the PuDlic Records of St. Lucie County. Florida as ame~ded Dy Aareer:eot dat~d .lanuary 31. 1969 recorded in Book 175, Paqe 1682 et. see, said Public Records ("lot"). As ~rovided for Dy the Condeninium Act of the Statutes of t~e State af Ftorida (ChaDter 711, et. sec. 1955 as sub- sequently aa:endeci) sai~ descrintion in this conveyance includes, but is not limited to, alt appurtenances to the cando.-iniun Carcel aEave descriaed, includinq the linited cazr.:on elecents assigned thereto, and including the undivided interest in the cor.r•+on elenents of said Condoc~inium. THIS IS A~PURCHASE MONEY MORTGAGE As security for the p3ynent of the promissory note of which the folla+ing is a copy: ~ = 6~ 114. 60 ~~~~a NoveabeY 21St, ~ 19 72 ~ Tor rai~e rt4eircl. 1. ve. or ett~er e~ us_o~eatse te af to t!e erotr o~ ~ ~ ~ HOLIDAY OUT IN /~t;ERICA AT ST. WCIE, INC. ~ i~ Si ~r Thnu~and ~e Hundred Fouzteen autd 60/100 ~ ~i~s~i . ~ ~ ~ ~7::5 ~e+c~tree aeed, r,E. SYfte lit0. ~tucU. W. a~~lle tn ec~al consecuttre eontl~ ~ ~ v, ` . N ir.st~l lcents ot S S~ ~ 1• ~~a~ ~~~~r instsument ~o bcoome aua ard wrsote on a befae t~e ~ n~ N da~ ot ~C~ @Y , 19 7~~~~d oee ins~sltment to Oecome Oue snd paYSDte on w peiwe tIx 6~~' ~ ~ K ~ day ot ex~ sucect~.n~ moniA uritJ ~~e wAo1e of sad indebtnns is pa:d, with intaest from maturitY ~t tlu nte o1 10 ~ne~t ~er ~~tn eHtit t. 7~ ~ ~t Is a4~eeu tn~t ume k or tn~ eiseae ot tnes coneuct ane tnat in ~n~ ~vmt et atwtl ~n oayment et ~ny ~nsuament tor s wr~oa ot tnaty eays tn~ . ~ ~ ' Aotoer o1 t~ls ~ote r+:r. at ~!s erUOn. aeda~e su ln~ ~ema~n.•e~p1 fa~~ ecot ou~ and coae:l~~c~ a~a any Ia~wr~ to e¦~rcts~ sa~a oauw+ sniu oot coosu. tute s w:tvu ot tne r~:..t ta e.aruu tne sar..e +~t anY otr.er ~~r..t. tn c,r e.cet ot eHautt ~n payrxnt n~ t~~s aote ana u tne^same ~s o~scco ~n tre nanes ~ ~.:y n ~ - of an atto~neY ~or ~e:.tct.Gn. 1. wf. or e.:ner et us. s;~~~ to e~r aO eOS:{ ef co~=CQ1On. Int1uC,C11 ~ tNfOPdpl~ attotney'ti lee. In Use Dayment fAau rot ~ ~ I~! M~C! T~:4f~iY. ~''f T].lff. 1uIl:~lf.7rC ~'~CO~t~'1. IC~fI[1y ~(1O ft~tlallyljlN l0 a'~Y tallRSIJAf Of flPfW11( NIMOYI ~YfI1~!/ ~10IIC~~ ~~~1Q~119 OYh r ~ f~W ei lor p~Ymtnt ner~~l, ~s tl no es:em~oni ot t~me or ~otpttqnc~ ol DaYm~nt MO tetn maG~ or syntt0. C ~j. ~ ~ 1, w we. and eac!+of.us xn~:her ~r~r+c~c3~, swe~v. S•~+~antor. en~~rxr, w otAer y ncret , ee joinUy fevenll . I,or we, ~ . ~ eoch twtl+er wa.ve cem;nA. C~otest, ectict ef te~ir~. crotest. ard cw-pa~oeet. m ° Gnen ue+der tAt nsnd and seat ol ~xh party. ~ No..l~._~~~1_.~_ Due ~~~~w~'T ~ _ .._ISeaq ~ ~ ~ ~ v ~ r,~~ .Q ~1t~n~ltLe...4~.,.._,~~~1~4??s 8...~~.h_.a._.Fla. _ 7O M rC..•k . Mortgagor fully warrants the title to said land and ~ill defend the same against he ta~+rf'ul claims of all 1'~~ y~ persons r:he:+soever. and agrees: , 1. To make all pay~znts required by that note and th;s ~rtgage proa:ptly r.fi~n due. 2. To pay all taxes, assessraents, liens and encumbrances on that property promptly when due. If they are not pro.r.ptly paid the t~~ortgagee c~ay pay them without Kaiving the option to foreclose, and such pay~ents, aith interest thereon frac~ the date of paysznt at the same rate as specified in that note, shall also de secured by this r.ortgage. • 3. To cocrait, perc?it, or suffer no Kaste, iropair~ent or deterioration of the ~ortgaged property. 4. To pay all expenses reasonably incurred by the Hortgagee because of failure of :he Mortg~gor to ~ comply aith the agrec.~nts in that note or this r!ort5:ge, including reasonable attor~eys' fees and title _ searches. The cost th~reoT, r.itb interest thereon fre~ t6e day of payr.~ent at the sa~~e rate as specified in that note, shall also 5e secured by this c~ortga,e. 5. ]f any pa;nent provided for in that note is not paid aitfiin 30 days after it becomes due, or if any tgree.:.ant in this c:~r;~age other than the zgreeuent to ~ke the ~ayT:.ents is Dreached, the entire ur.paid principal balar.te of tnat r~ote shall i:.:~.~diately becc.:.e due at the option of the N,ortgagee and ~;ortgaaee r.:ay foreclose this r..ortgase in tne r.:ar~r.er provided by laN~ ar~d have the nortgaged property sold to satisfy or apply on tlie indebt^dness hereoy sec~red. 6. The rents and pro`its of the c.ortgaged prop:rty are also hereby rArtga~ed and if proceedings.to foreclose this r.ortsa;e shalt Ge institu:ed, th~ court naving jurisdiction thereof sheuld appoint a recei~~er Of th~ r.arLc-s~d prt;_ri:r ~:?d aroly ihose ren;s ar~d profiis to the indebtedness F~ereby secured, regardless of the solvency of ih~ ;'ortgegor or the adeauacy of t6e security. It~ WITt:~SS kt!~REO~, the Ftortgagor has hereunto set his hand and seal the day and year first above xritten. Sigr.ed, Sealed and Oelivered ~ in the Presen of: 1 - y ~ _ ~ :•b 1 , As i:itncs:cs to thc t:orig39ors _ STI.1E Gf Fif~3;r°ii ~ SS COU:i i Y 0~ S i. LC~ I i) I I~crc::y cc~•tify t?~at on this datc. teto~e r.c. a ttotary Publi~ duly authori2rd in tfic State and County na~.ed ~it~:~vt. to L~rFc a.s;r;~t~~.~~+.::.-ehiS. pcrzona'.:~ at~;cared JOhD N~ ~~1 .Z._S~r~e S to r..~ li:~.::;i t~:~t;.e.;l,~c~•i~ei•5:;~;W;(er:ens c'•~sc~ri:cd as 1~urt9ago~• ~n anc ~f~~o e:ecut~~t+c orc~;o~ng iaortgage anc]-~ife ackno:,lc~t9cd l~ci~rr•i=~.'11tc-c~xuc;~iian of sa::ic. {tit~trss u~y. ha~~it ard at;titt~.l~-scal in the county and state n~r.:cd above this Zlst day ot November , ~9 ~2 . - . . r _ , . K20 ~~g~ . - ' _ $ PACi ~ ~ - ~ I~ul~1i•y Pub 1c r~ (uol,ry ;~~al) . . - tly Cc,~u,~i:,i~,!~ [x;~1r~r;: , , Lidc~ L. Sanders F^ _ - _ ~ ~ : ~ -s- ~ { ~ ~ ~ r r , ~-r. , ~ - - . _ _ ` ~