HomeMy WebLinkAbout5338 L~
Harold R. Sanders and/or
~us~4ee Sanders. is rrife 203 1~ f
h~rein `Nort9agur", Hhcthcr singular or plural. in considcration of conveyance of real propc~ty I~ereinafter S~
described Dy HOl1Dl1Y OUT 1N At~tER1CILg[_~.T,.LUCIE, I~tC.. herein "flortgagee", and to secure payment of the
balance of the purchase price by Y.or~tpe~~(~~i~~ted~to ~paid, as evidenced by praaissory note fully .
identificd herein, hereDy on thit 4th day ot Deceab~r A.D. l9'72. co~veys and aartgages
to the said Y.ortgagee its successors a~d assigns the real property in St. Lucie County. Florida. described
as fotlotirs:
Condominiun Parcel: Lot ~ M'7 of HOLIOAY OUT AT ST. LUCIE, INC., a Condonini~an. accordinq ~
~ w'-~-_'-'- _ ~_J_~ /~ttt~t~l O..r....d~ Q....1. 1[4 Dann 19AR a*
- ' •
?V •I1C V~~.~YIOb\V~1 V~ YVi~YVi.:~i~~Yi.i ~~•~i~,vi~ i~,~viv~.. iii ~'i: i~:~:
seq. of the Public Records of St. L~:cie County. Florida as amended by Aoreerent dated January 31,
1969 recorded In Book 175, Page 1652 et, sea. said Public Records ("Lot'). As erovided for by
the Condminiun Act of the Statutes of the State of Florida (thaoter 711, et. seo. 1965 as sub-
sequently aRended) said description i~ thi5 conveyar.ce includes. but is rtot limite~ to, all
appurtena~ces to the cor.da~iniu:~ earcel aEove described, includinq the linited co.,.-,:on el~:ents
essigned thereto, and including the undivided interest in the ca.-ron elenents of said Con~ominiWr.
THIS IS A~ PURCHASE ~fONEY MARTGAGE _
As security for the payr.ent of the promissory note af Which the folloaing is a copy:
s 4.934.25 ~~s~, k,~,,. ?~,~,Q. Deceaber 4th 1972 ~
~ ix r~lre re~eisc~. 1. ve. or tttl~er of ~s_P?o~is! to Wy te tR! order e~
~ Four ThousandHNineY Nundred1EThirtT Foui Cancli25~/100-----
« t!e we ~I Dot4n at
~ ~~S ?Nt1~:rtt ~ct~. R.E. Sutu 1z~0. Aa~cta. W. p»~~lc ta _ $9 One ee~~al toasccutire Roniblr j~
„ tr.st~ll:tnts o! S R 7- 23 82 _ 68final_=nauap~l n ir.f:il~mint l0 OltOme O~~ 7nd piVable on Or bllpe tht ~
~ d?~ of ~ T~~f11 s~~ . 19..Z~.snd one insultmen~ to Oecome due ud paysGte on a betae ~ne ~ 4tb .
s daY ot exh wccee~in~ rtwntA unW lne v~AOk ot sad indeDt~ss a Wd, vnih intaest Irom m~twity st tl+s ~ste ol 10 ee.ce•e nr ~.~~n N~n erraslt.
~ tt If a0«<4 lnat t~r+e k ef tne ttience ot t~ls contr~ct sn0 tMt In 1~~ event ot Q~!~u~t In oav~+e~t oI anY Irntallmcnt tor s otrtoO o1 t~4ty e~ys tn•
AO}~tf OI l~if n0[t n~y. i! ~:f OD:IpI1. CK4•t JU ln~ itmt.ff.`.Cf 01 f~!0 ClDt Gu~ iA0 CO'tc:tly~f On~ ~ny Ui1Wt tolaefClY! 5~10 ODtbO inJ'1 nOl CJntt1• f
~U1[ a NZIY~f O~ ~A~ I::ll l0 !llfClf~ !11f S~T! il iA~ O!r!I 1{~!. If~ 1C: f~CM CI GH~y{f Ifl OLY~AI Of 11i1 pOL! t'10 11 lM! 7JM! ~f CI~LtC1101t't rJ10f r
~ O~ aA ~t~O~M1ty /O~ L[~~l~I.C=`. M!. or ~~tner ct us, a:~a~ to oay ers~s cf eo~:_<t~on. ~1CILC~~1~ a~OilOf`~~~~ ~(ICf11lY~f ~fl Cift OJYmtA1 4hl~1 r0~
bC Pl~yt ~l n7:uS~tY. l'+f A'!.l~f, SY/ll~tf. ~1: lnCO~ti'f, K~Ifl1Y 1~14 H~t!~IIY i i~lf l0 ~'~y tall.'111011f M/!PlMal~ MilflOYl ~Y~lAf/ IWlK~~ WAC~~ OYh .
t s~hrts fu O+Y~~I nercol, as ~I no aa:e~s~ons ot ume w ecrpstranc~ ol 0ayme~t na0 e~en maa~ or 9ranlea
~ 1, o~ we, srd ~xn ot.us w?xsMr p~nc~~a~, s~+eir. S•~ramor. er~:xscr, a o[Aer pany Ae.eto, a,7ra to pe Nindy ~n6 severally Obund. l, a we,
~ exntwene.waereeem~oo.o:oia:,mt~ce oi te-an., orocest. and coa-aay.-tat. / ~
G~ren u~ t~e rand a+d stal ot tach party. y~~~ f
~
_ __..1~l~?_ ..__w aK ~ :~.._s: ~Y ~ __ts~,n
216 S ruce Rid e Rd. Jensen Beach
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Hortgagor fully rrarrants :he title to said land and ~rill defend the same against the lar:TUl claims of all
persons ?:nc:~uoever. ano agrees:
1. To aake all pay~~ents required by that note and this rtwrtgaqe promptly tlhen due.
2. To pay all taxes, assessu~ents, liens and encumbrances on that property pr~:~t1~r :.hen due.
If they are not promatly paid the lfortg3gee ~ay pay ther~ without Naiving the o~tion to forzclose, and such
payments. ?~ith interest thereon fraa the date of payc~nt at the same rate as specified in that note, st~all
also be secured by ihis ~rtgage.
i 3. To co~ait. perwit, or suffer no uaste, impairm~~t or deterioration of the cortgaged property.
f 4. To pay all expenses reasonably incurred by the ~7ortgaeee beca~se of failure of the Mortgagor to
i coa?ply ~rith the agrecr.sznts in that note or this ~ortgage. including reasonable attorneys' fees and title
r ssarches. 7he cost t!:~reof, Kith interest thereon frca t~e day of pay~ent at the sar^.e rate as sp2cified
~ in that note, shall also be secured by this cortgage.
~ 5. ]f any paya~nt provided for in that note is not paid aithin 3~J days af:er it beca:.es due, or if
~ any agree.:,~nt in this ~:ar;gage other than the agreeu~nt to ~ake th~ pay~c:.en:s is breacned, the entire ur.paid
principal balar.ce of that no:e shall ir-~diately becc:Q dse at thp option of the F:ortgagee ane+ ~:~rt,~gee czy
foreclose this ::ortgace in tne c.ar~ner provided by law, ar,d have the no~tgayed property sold to satisry or
apply on ihe inde5te~r.ess hereby secured.
6. The rents tnd profits of the r..ortga~eC prop~rty are a~so hereby RArLgaged and if pro:eedings to
~ foreclose this r.ortc,:^L shatl bz institu:~d, t~e co~~rt ca~ing juris~iciion there~f sho~id 3proirt a recei~er
~ of the r..~rtcas~d prc-°r!;~ and a~ply those rer~ts ar~d profi;s to the indeb:e~ness kereby Secured, regardless
of the solver~cy of Lhe ~;ortgasor or ~he adequacy of th~e seturity.
~ IN kITt:ESS KNEkEOF. the Flortgagor has hereunio set his hand and seal the day and year first above Hritten.
Siqned, Scated an~ ~etivered
~ i the Presence of:
; , ~ c.~2~= l~l , c L,%12
'F3 ~ ~ ~ : j~rn-6~- ~ L~~-,
•
~ As ~titnesses to thc t:~rty.~i~rs
STA1E Gr flC"t:^M ~ SS
CUU:iT Y Or S i. l.',;~ I~) .
~,a
~ I I:ereb~ ce~~tify th~f on this c'ate, tefore r.e~ a:.otary Public ~uly avthorized in the State and Couniy
~ namcd at:c~ec. to :a?•~ ~;•:r:o.:lyd.:•:~<•nes. pcr.on~l ar~:~~ared Harold R Sandgrs a~[~ ~a Lee~p~,ers
~ ~ ~ t,;.
to r•~ f ni to l::. tl~i~ 1:rr..,ti,ar ~:cr-.en, ccsc i i; ed os i;ort;a90r
~n c~r~ t:r~o c:ecutccS~ tl~c furr;o~r+) ~.:!~rt9~gc and
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1litnr:s ` hn' .aryl ~fficla~ seal in Lhe tounty an•1 st~tC n:~r.•1 al:pv~ thls '4th day of ~c~ber
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