HomeMy WebLinkAbout0748 ~4Ei256
~ L`aLr,y~~ Stort~ and/or Patricia A. Storts '2~
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herein ~'Hortgago~", Nl~ethe~ singular or pTural, in consideration of conveyance of real property I~ereinafL~er~~
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desc~ibed by HOLIDAIf OUT IN ANERICA AT ST. LUCIE, it~C., hernin "F'.ortgagee", and to secure payment of the
Dalance of the purchase prite by Nortga~gor obligated t~ be•~aid, as evidenced by pranissory note fully .
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ldentificd hcrein, hereby on this 31 day nfl~embQr A.D. 1972 . conveys and awrtgages
to the said ~:ortgagee its successors and assigns the real property in St. lucie County, Florida. descriDed
as follo~~s: ~
Condominiun Parcel: Lot I A_ 1 6 of HOIIDAY OUT AT ST. LUCIE, INC., a Condoninium, a:.cordinq ~
to the Oeclaratio~ of Con~om~~~tTiereof, recorded in Officiat Records Book 1E8. Paee 1348, et.
seq. of the Public Records of St. Lucte County, Flarida as amended by Agrees:ent dated January 31,
1969 recorded in 8ook 175, Paqe lES2 et. seo. said Public Records ("Lot'). As orovide~ for bv
the Condminiur~ Rct of the Statutes of the State of Florida (Chapter 711, et. s~e. 19E5 as sub-
sequently ar.:ended) said description in this conveyance includes, but is not limited to, all
appurtenances to the cando-iniun earcel a~ove descri~ed~ includinq the linited ca~:an elenents
assigned thereto, and including the undivided interest in the carnon elements of said Condaainiura.
~ THIS IS A PURCHASE MONEY N~ORTGAGE
As security for the paynent of the pror~issory note of which the follo:+ing is a copy:
s 8105.40 ,k~,e„ ~e,c~, ttate. ~~ber 31 t972 ~3 ~"go'' ~
~ ior r~l~e reFeire~. 1~ re. er e!t?er ot .s.aa~t:e w wr ce ve eraer or ~ ~ ~
~ ~ HOLIOAY OUT 1N RF'ERICA AT S7. IUCIE, INC. ~ o~
~ e?~.,~,.r.,Eiph 2Houeanct Qne Hundred Rive and bbrtv/100 ~
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~ ~7~~5 ~NCAtrt! ~stl, R.E. Sutu 12i0. ALUGq. W, p~r~~ie tn ~ 119~1 _ eaial coesecuttre ronetlr -
N tr.sLt lstnts of f~ 7 ~Q 1 d - rac~.tAe lirrt inssallmenc to beoome aus snd wrsWe on a betore the .~i..~,.?~....~ ~
7 ct ~ ~n ~o
~ daY o~ FQbrL.la~V . 19~sM one insullment to Deeome due srd WysDt~ on or Detort t ~
S day ot exA wccee~~n,~ montA untif tRe v~Aolt ot ssid w+debtnest is Wid,witA ~maest from rrvcuritv at tAe ~ste ol 10 ema~t K. ~.ww ~ttn lerti,IC. ~
R h eq~eeo tn~: u~+v b o? ine esaeece or tnh ceneracl ane tMt In 1n~ «ent ef eMawt m o~ri!+ent ot any untaumenl ror s o~rwe or tnuly e~ys tn~ v~
x ~ot~er ot tnls nOtt ~r. ~Lt CCt!~n. CK~art ill ln~ ~ertu~nJer pt fa!~ CtOt 6u~ in0 Cot1aC1IW~ ~a, any laltutf ~o aserClyi tald OCtIOn fn~fl not tantt~• ~~p
tctc a wahei ef tn~ n:~it w e.er_tu :ne f~iec at any otr.a lur.e. In ttre s.tnl ot C~t~~tt ~n o_Y~~ent af 1'+IS nole an0 U tne ssme Is O~aced In tae Ranos ~ ~
w Ot ~n ittO+nty ~O~ tt~~t::-en. 1, w!, o~ N!~tr C: v~. ~:~t~ l0 Dry N~ C43tf M CC~:CCt10e. 1~cwC~aa ~~~sonaW~ attornerY Iee. In us~ oayment sr.tp eot y O ~
be maae at matu:.tr. t^s ma.e.t, s:.reUes. a~C enea.iars, tc~nr.Y ana u.aaaY ~ ire~ to any ~stenslo~n o~ ren~wau wltnout N+tt~e~ nolK~. OtnOin~ ow• ~ y 3r~
~ 3~IVts /M OaYment n~reol. as It ~O ea:enf~ons o1 I~en~ or eerDCtr~nt~ of DaYMent naA Wen mal.~ '~anteO. ^ ~ r- ~
1, w w~, and each of.us wre:t~er m~^c.~N, sweiY. 9~rantor, en0,xur, a other WnY , ag.et to Oe jo~nUY ind seveqlly .1, or we, b ~p
` wM further ~a~re ocmand, arous~,r~ttce of lr-in., orotett. ud oa•p~yatat. ~c
G~.en under tne nand ana sea~ of acn party. ~ ~
~ rro--_A.-..l..f2~.._~.__.___a» 1? Years_ - . __ts~,n ~ ~
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4339 Sittealy ~o~,~. NLW~~Canal W~ncheste_,s io ~~,~;~;e3~%~ _ ~
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lSortgagor fully warrants the title to said land and Hill defend the sarce against the larrful claims of all
persons r.hc~?scevcr, ard agrees:
1. To ciake all payaants required by that note and this sartgage promptly rrhen due.
2. To pay ail taxes, assessraenLs, liens and encun.brances on that property promptly when due. Y
If they are not prom~tly paid the Mortcagee cay pay the~n+ri!hout xaiving the option to foreclose, and such
! payments, +~ith interest tnereon fran the date of payc~nt af the same rate as specified in that note, shall
' also ~e secured by this c~ortgace.
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~ 3. To ca~it, perciit, or suffer no traste. i~pairsent or deterioration of the awrtgaged property.
~ 4. To pay all expenses reasonably incurrpd by the ?lortgagee because of failure of the Mortgagor to
; taaply rrith the agree:~nts in th~t note or this eorigage, including reasonable attorneys' fees and title
~ searches. The cost th=reof, kit6 interest tnereon frea the day of pay~.ent at the same rate as specified
~ ir~ that note. shall also be secured by this r.ortgage.
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: 5. If any paynent provided for in that note is not paid r~ithin 30 days after it becos~es due, or if
x any agree.:._nt in this cartga;e other than the agreeGent :o cake Lhe payrents is breached, the entire ur.paid
~ principal balaace of L^a! n~te shall ic-~diately bece-p d;:e at the optian of the N.ortgagee and ~;ort,agee c•ay
foreclose this rortgace in in~ canner provided by la?r, ar~d have the .r.orL9ac,ed pro~erty sold to satisfy or
~ apply on the indebt~dr.zss hereby secured. -
~ 6. The rents ar.d protits of the r..ortgaqed pron:rty are also hereby r~.ortgaged and if proceedings to
e; foreclose t!?is cortGa;e snall te ins~iLu:.ed, tFe court F.a~ing jurisdictie~ ther2~f sheuld appoint a recei~er
~ of the roricaca~ pre;_rt.r and a~oly thos~ rents ard proiits to tne indeb.edness F.ereby secured, resardless
~ of the sol~er~cy oi the ::~rtgagor or the adequacy of ihe security.
~r
~ It~ WIT~:~SS 1,'HEREGF, the itortg,gor has hereunto set Ais hand and seal~ day and year first above Kritten.
~ Signed, ~ealed and eiivered ~ , i~
in th .c-9 of ~ /
' ~ S " ~ ~ ~~~'a---~.-
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s~; _ ~ , ~ ~ ~
~~n« , _ - .
As Ititnesses to the !:ort~ag~rs ~
ST:~7 E GF F t t"('~. ) ~
CQ~:~llf U[' S;. lUCI~ ) S'
~ . 1 t~creb~ certify that on this date. betorc rc, a Cotary Pub11c duly a~ihorizcd in the State and County
na~ed at.c~vc,~ i~ t:~~~e aci.r,~.;~c~i~:-,~•nts. pcrsonatl•,• r~f.:c~ared _Lar~ Stor~~_andLor Pa~ric~'a A~Storts
10 r~-rnc~:r:i to i,•: th~ s•r~~•.on nr ~:er:on; CeSCri:ed as ~7:,rt~~g~~• in an,fiu:~o er.ecutr.c~t~~e forrgoing ~.lort9age an-TT
~~'(`f dtkno~lr~ig_~1 Lr:prr tl~i• CJ!C•COL ~cm of s,z:.ic.
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Ititrc:ss"roy.lwnd ~i~;~ ufficial sca~ in thc cou~~ty ~•~.d statc n~n~~~t above tMs day ot ~;comh,~r ,
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~ 19 72 . ' . .NOTARY PUHUC, ST/s7E r,t ~tURIDA at !AR(3E ~ /
~'~~,-~"~ai w COMMiSSION EYi'i~ES ~EB. 8, 1911 K ~rv-~.
~ ~ aONOED TNRY M~~ ~.~ND HO`~DING •GENp~ -'-"a'.-~i'~ - - ~
: i tlolary hubl #c
-;~5 800K ~1O PACE
(liolary S,•~1) .~2~ I~y Cc~iani::i~m (xpir~~;:------
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