HomeMy WebLinkAbout4451 MORTGAGE ~EED RAMCO FORM 92-1
IIROY COArORAl10N1
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~s n en ure
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(~Yherever used Acrcia ~ terms •.mwtta~w•• and mortsuee" include all i6~ parties w ibis i~utrumeat sed t6e Aairs.
k~[al rcprarnutives and a+siRas ot iad~v~duals. and ~Ae ~xcessws and aw~ro ol caporatioas; aad tAe urm •'aote,.
includes ~11 tAe oota ~rein dc+c~ibed it more than oae. ) -
,la~l~ ~I~is 12th, day o~ December , r1.D. 1972 .
~etW~n AAtERICAN HOMES AND MORTGAGE, iNC. ~
n carporafion exisfing untler Ilic~ Iaws o~ thp $Iafe oJ Florida .
~~nving ifs principal place oJ business in thp ~ounty o~ St. Lueie an~
Slale oj Florida callec~ Ihe I~~ortgngor, and
DOMINICK PROCINO and JACK L. STALEY called thp MortgageP.
hus ~mnlecl. {xirgained und sold to Ihp said nlortgagee, the Jollou~ing clescri6ecl Iand situate, lying antl being in
tlie Counly oJ St. Lucie StateoJ Florida to-wit:
Lot 13, Block 18, LAKEW~QOD PARK Ut~'IT N0. 3,
according to the Plat thereof recorded in
Plat Book 10, pages 63 and 64 of the Pnblic
Records of St. Lucie County.
THIS IS A PITRC}IASE MONEY MORTGAGE. '
The Mortgagees agree to subordinate the lien
of this Mortgage to a first Mortgage by an
institutional lender for the construction of
a dwellinR or dwellings on said land.
RECEIMED N! PAYMENT OF TAXES i
DUE ON CUISS 'C INTAtr61BtE PERSO:rl1L PROVERiY,
PURSUl.lIT TO CI"..~IP'~? 71-133, ACTS OF 19I1.
RO'~fk POITRAS /n ~ ~
ClERK CIRCUIT COURf, S1. Lt1CIE CO., FIA -
j anrl Ihe said Tlortgagor does ?~ere6y (ully trarmnf fl~e titl~ to c~id land, and wil~ tle~encl the same against the
~aio~u~ c~~ims o~ aII persons ~ol~omsopi~rr.
n'
~ . ~~V~ ll~w~s~ Th~~ i( saic~ ~~ortg~gor s{~aII pay fo t~ie saicl ~~~orfgngee a cerlain promissory notp, a
, ~
~ cop~ oJ tv~eli'~i is ort fl~t~ rpn~rse s~c~e {~~r~oJ, nnt~ s~ia~~ perjorm an~I comply u~ith each ancl every stipulation, agrep-
~ m~nt ancl conFnant oj sai~~ nolr an~{ o~ f{~ic niorf~aye, 1{~en fhis mortgage anc~ f{ie estate ~ereby crealec~ s~~a~~
s ~ i~oid. ot{~ennisP tl~~ same s1~a~I r~n~uin in Jull )orce ancl ~irtue. i~nd il~e sait~ 1~lortgngor covenants to pay tF~e in- '
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ferest antl principal pmniptly u~tien ~ue; fo pay the taxes and assessments on saic~ property: to carry insunnnce
~ ~ ayainsl firn or: f~i~ huiltling on sai~~ ~an<~ ~or not ~ess fhan S nil •
~ ~ , nncl ioinclstorn~ insuranra in amounl o~ nil , approned 6y Ihe
~ ,~f~.t~a~p~~. u~~tF~ sfan~ar~ nwrlguf~e luss c~uuse payab~e to :~~ortgagee, t~e po~icy to be_ held 6y the l~lortgagee.
lo RPPP I~P building on saic~ land in prop~r repair: a~d to u~aine the homestentl exception.
~ tihou[d any oJ tl~~ nbm~~ co~~enants 6e f~roFten, thPn said note and alI moneys secured here6y shall wilhout
~ clemonc~, iJ t{~e ]~~orf~ag~~ so ~~~~~-Is, a1 once ~)PCOlIIP (~ue ant~ payati~e anc~ t{~e morlgage be Jorec~osec~, anc~ a~~ costs
~ [tntl PrpPnses o( ~o~~ection of saic~ moneys h~• ~ornc~osurn or ot~teru~ise, inc~ut~ing so~icitors )ees sl?all 6e paid by
~ t~~~ ~~orfpagor. ancl t~~e sam~ nr~ I~rr~~y st~~•ur~t~.
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(CORPOR:IT(- ~n ~`~~tness ~hereo lhe mortgagor {?ns caused these presents fo
~ ~~;.ql.) ~~e ei~cute~l in its name, and its corparote seal to 6e {~ereunto a~~ixetl, by its
'a proper of (icers tliereunto tluly acdhorized rhp day nRd ye~ ~irst n6o~e writteq.
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= - -_~c . ~ lf A1~ff.RICA.*l NOPIES AND MORTGA~~,INC.;;--...._ '
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Verna L.~~er~sett, ~«.-~a. • ~ - _ .
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