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HomeMy WebLinkAbout4934 • IG.'f t:~Fr J l~P. 371 _ S Paul Worminqton and Ethel S. Wormington - herein ~"Mortgagur", ?riicthcr singular or plural~ ~~1 CUII~IJ~1'dLlUtl uf W~~r~Jtu~i~~ Of TC3T ~T3N:.t'Lj Z:c:tir,af;,r`~`~g~? described by NO110.1Y OUT IN M:ERICA RT ST. IUCIE. IttC., herein "tto~tgagee", and to secure payment of the Dalance of the purchase price by Mortgagor ob ig~ C to be paid, as evidenced by praoissory note fully . ir.t,. identifted herein~ hereby on this 28th day ot November A.D. 197a . conveys a~d mortgages to the said 1'.ortgagee its succes5ors and assi9as the real property in St. Lucie County. Florida, described as follons: Condominiun Parcel: Lot ~ D- 3 of HOIIDAY OUT AT ST. Ll~C1E. INC., a Condaninium, accordinq - to the Oetlaration of Condon~nTiu^~ tFiereof, retorded in Official Records Eook 168, Paoe 1348, et. seq. of the oublit Records of St. Lucie County. Florida as arended by Aoreeu~ent dated January 31, 1469 recorded in Book 175, Paqe 1652 et, sea. said Public Records ('Lot"). As orovidec+ for by the Condcvaini~r+ Act of the S:atutes of tFe State cf F1oriAa (Chapter 711, et. sea. 1965 as sub- sequently a~ende~!) said descri~tion in this conveyance includes, but is not limi:ed to, all appurtenances to the conQo-i~iun Carcel ab~ve described, includino the linited co~:.^on ele:.ents assigned thereto. and incl~;ding the undivided interest in the cocrwn eleMents of said Condominiurr. THIS IS A~PURCHASE MONEY NORTGAGE As security for the payr•,ent of the pro^~issory note af xhich the follo~ring is a copy: ~ ~ 8,247.60 ¢ s ~,sM,~,~,,. nK+N November 28th ~ 19 72 ~ o^ W ?er v~lre teSetrtl~ t. .~e. or e~cner ot r:.o•o~t:e co ar eo u• e.ee~ or ~ ~ ilOltt3~Y C'JT It. ~,"'E°IC#4 s? ST. !!!~IE~ 1NC. ~ $ v t~i~~~~ S1^ht Thn»canrl 'h+0 Hundred FOZtV-$eVef! and 60/100------~~y~s~~ K~~' ~ ~ ~S:t4 ?eacntree Rs:e. r.E. S~tte 1zi0. ~tiu.t~. W, p~y~~le fn 120 lC~~1 CO~SKYti~! cOnt~l ~ d~`' t~stallser.cs of S ~8tb = ~ NcA, ths (w!t inAallmtnt to ~lcOmt Out an0 WyaDte on Or pCfOre tA! V~f '~s m ~ K d~y ol npC~±- , 19~ifr.sed one ins~sltment to became oue ~nd payaDlt on or Oetwe tne ~ t a s da~ ot exA wccr. a~n montn unul ~~e whoie of srd ~ndcbtness is pa~d. w~th intdest t~om rM1tturitY ~t ll+t ~~te o1 10 e~rust ~er ~~nu~ ~tter ee4olt. W W o ~ ~ z ~ u tt is a4~c~e Mri nc+e I: of 11K etun:t o1 tn~s cnnincl ~~O lhat In ~~e e.ee[ o t e~ tau~ t In wr~^ent o ~ ~~Y imu nmeM tor s o~. to a o 1 t n tr ty eays ~M ~ ~ A03~l~ OI Nlf ~Ot! n.Y. a[ ~tf OC:!~n. Cec17~! a{! In~ rtmt~•tie~p f L3!O Ce~ t 6W an 0 eo' la: t lD'~ ~n ~ iny l~~ W~ t to laeK l H f i l a O D I W~ i n t~ ~ n O t t~ n f l ~ ~ IVtt i wiq~te Cf lni f~:~t t0 tatt:lf! !n! Llrt at Jny Oi~.er t:~*'f_ in ttp ~~tRl Cf Gehu:t M ODy~'Xnt bf 11:1 n0:! tAtl I! lA! Yme it CU:lO in t1e h1nOS X C~ ~ w • Of ~n ~(tp~nly !Ot tc~.t:t•~n. 1. wf, O~ !.Mtr c• r.re~ to car su c~~s~s c1 co~~ccc~on. ~na~e.~a a reasNaa~ a:torner•s ~ee. ust wyment an+u nW ? tl bt nvoe st ma:ur~ty. r:e r..~.ers. su.attes. snC e~ao.u•a, lanuy ~na s_•er~ay e i•e~ to a~y t~tensWm or ~en~waU wltooul turiner nolK~. DInO~ny our p ~ ~ f~IrH tor O~Yment nere~t. ~s If ~y ea:e~t~ons ol time Or ferpetr~nt~ ct D~YMent A~O Ntn ma6~ o~ gr~nte0. f" ~l 1, or we. snd ~a:~ of .us hne:ner Fr~nc~ca~• suteiv. S~+ramw. enZxser, or oit.er pany ne~eto, agree to Oe pu+tly a~b s~ire~slly und. 1, w v~e, c~ o exh fwthe. ws~re orrran0, Droiss~,netice ot Crin:. orrtest. trd roe-Wpeat ~ o~ ~ G~ven uider tAe Nnd snd seal pl qcA puty. ~ ' W ~ v • = No....__._._..D.3~___.~ Ou~ .}r.Eel~X ~ __/Sesn o`~c c d 44 Fox Hi 11 Rd Rt . 2, Pocon o Pk GO~~~ ~ ~ - - Hortgagor fully xarr3nts the title to said land and Hill defend the sarce against t e larrful claiss of all persons uhe.~soever, and agrees: 1. To make all pay~-.~.:nts re~uired by t!:at note and this mortgage pra^~ptly r.hen due. 2. To pay all taxes, assessr..ents, liens and encu~cbrances on that property pracptly rrhen due. If thev are not pro.^..ptly paid the F;ortyagee c.~i pay ther~ ++ithout rraiviag the option to for~close, and such ~ payae~ts, r~ith int~rest thereon fra:~ the date of payaent at the sacr,e rate as specified in that rtote. shall ~ also be secured by this ror±gaSe. ~ 3. To ca~o~ait, pcrmit, or suffer no waste, i~paira~nt or deterioration of the ~ortgaged property. ~ 4. To pay all expenses reasonably incurr:d by the 4ortgacee hecause of failure of the Mortgago~ to ~ Comply rrith the agree::~nts in that note or this o~rtgage, including reasonable attorneys' iees and titte searches. 7he cost t~~reof, :rith interest thereon frea the day of payr..ent at the sarse rate as sp~cified ; in that note. shall also ~e secured by this ccrtgagp. ~ a ~ 5. lf any pa}m.eni provided for in that note is not Faid r.ithin 30 days after it beco^~es due, cr if ~ any agree.:.~nt in this c:~rt^yage o~her than the agree~ ent to r.,~ke the pa;,,=ents is breached, the entire ur.paid ? principal Dalar.ce of tF.at neie shall i:-::ediately b~~=:'e dUe at th~ oation of the h'.ortgogee and ~;ort~anee r~y ~ foreclose this ::or~sa5e in ine ea nner provideG by lax~ and have the cortqayed proFerty sold to satis:y or ~ apply on tl~: indebte~r.ess hereby secure~. ~ ~ 6. The rents end profits of the c:ortsaqed prc~°rty are also herebp rortgayed and if proceedings to ~ foreclose ihis r.~rtg=;e shall ~e ir~siit~_ed. t~e court haeing jurisGiction thereof sneuld aFpoint a rece~~~er of th~ c~rtc:r:3 pr~;:r:_~ and a~ply th~sp r2n:~ ar.d croiiLs to the inde5:edness tere5y secured, reg~rdless ~ of the solver~c, o: Lhe ::9rtgaSOr or the adeqoacy of the security. ~ 1t{ NIT~:~SS 1~t{~nEOF, the t-tortgagor has hereunto set his hanA and seal the day and year first above r+ritten. i:i ~ Sigr.ed, ~caled an~ Gelivered in t' e Prescr.ce of: r ~ ~ , ~~~i _ _ ~ = Zs - AS ~:itness~s to tt~c t~crt~agors ' ~ :t% ST:IE GF ~l(~~t1P~ ccu:;~r o~ s~. i~c,~ j ss 1_hcreby ceriify t'~at on thi; c'atc. 6eforr r..c. a~~o:ary Pu`,li~ duly autt~orizcd in thcState and County na~nd-al~r~r•r._ tn t~~•c a;c.r:-~::ic~!~:. ~•nts, ~~~~~:~+~a::y '.:rr_:f S. Paul WorminQton and Ethel S. Wormington ---_TT - t0•rfi~{~~o:;t t~~ t,~_ tls~• ~~rr::~n Vr i.r•.;:n~. t:••,~,~i:cd .,s,!•~urt,a~io~in ami t.:~n cree~tcc~t~1:~_ forryoing i.;ur'lg~,e ~?n 1icFria:ileligtad t~c;orr r.:~ Uic• cic~cu_ion uf ~,~:i~. ~5 P- ~'3 ~ x~ - :~tLS~[nc~.s r:~y b~rid an-! ufficlal s~•al in tl+c cuunty .~nd statc nai,:r.J abc~ve tMs 28th day oi November ~ 1'~ • ~ C ~ . ' ' - ~ , - ' - . r1~~rary Put 1~. . (Ilt~lary `.~•:i•~ ~~;¢a 21J•J ~''i,f ~V~~ ~~Y Crtii:nf::f~rn (,c~~i~, . . - - . . ~ ~ ~ ~ - - - - - - - - - ' ~ - . _ ~ - M~~ ~ S• ' ~ f f:..:~e ~ . _ ~~'.^~`r~~~.._ _':~"Y v~;_ ~ s _ ' _Yxys,~,-„r'.~w':"',.a~.~