HomeMy WebLinkAbout1562 iG~bCf~GV •T•
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hercin "F!ori~s~yur", ~;hcthcr sing~lar or plural. in consideration af convcyancc of rcal propcrly hereinaftcr
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~i~~cribcd by I;OLI(',11' C~'Ji 1~1 /':'.ERICA AT S~. L~MI~. It;C. ~ hcrcin "I:orl9a9cc', anJ to scturc pay~~'ent of the 3~~g~
balancc rf thr ~~~rcl,ssc prita by F:~~•Lga9o~ oyliy~icd to he paid, as evidenced by prc~'oissory note fully
identificd I~rrein, herehy on this 2• dar ot January A.O. 1973 , conveys and aartgages
to tf~e sai~ :'ortgagc~ its s~~tcessors and asst5r.s ti:~ reai property in St. lucie County, Florida, destribe~
as tollc:~s:
Condoreiniun Parcet: lot i A-15 of kOL1DAY RUT AT ST. Ll~tlE, l~it., a Condocnini~, aeeordinq -
to tF:e ~eclaration of Con~'or•n me;~ t ereof, recorde3 in Official Records Eook 165, Paee 1348, et.
seq. of the Pu~lic Retorc+s of St. L~tie County, FTorida as emended by Agreecent dated .lar.uary 31,
1969 recorded in Bock 17~, Pace lES2 et. sec, said Public Records ("Lot"). As nrovided fa• by
the Condc~iniu*~ Act of the St~tuLes of tre State of Florica (tha~ter 711, et, seo. 1955 as sub-
seouentlv ar.ende~tl saiC rescri~tion in this cor•Le:ance includes. but is not liwitee+ to, all
apM~rten3nces to the cc~Ce-iniu~ earcel a Mve descriDed, intl~dinq the linited ca.:..en ele~ents
assigned thereto, and including the undivided interest in the cor.r~on elements of said Cor.danini~n.
TNIS IS A ~~lRC!'J;SE !~0~lEY t':4RTG.aGE
As security for the pa~•--nt of the pre~issory note cf t;hich the folla.~ing is a copy:
.+M?.~.,?..v.r~..+w+Kr..ia~ ....i+ .+r
~ S 7678 ;80 k,~?,. Ilor~ea Januarv 2 ~9,Z,3,_
~ Fcr r~lce ntetcea. 1. sc. k eltAer of os p'tr'?t3e ts ~tr to t1•e orEer o~
= K~(,1Pr~0i~ It~ F~~'ERICA AT Sj. LCCIE~ ~f~C
~ 1~,~,,~e, Seven Thousand ix n red ~eventy-eight and J100
~n~«,~
~ ~?::S ~eac+:r~r Z:ee, s.E. 6ie 1~~ Aiilr.t~. ti, p~»~1e in ~~~,12,~ ~ ecsal consecutire ror.tn~~ th
N irst~i l r~ts of S 3' t~r Gn~ ir.s:s~~m~ae ~o aecome a~a snd wr+b!e o~ w betue cn~ ~
da~ ol Feb,~uarY, , 19r,:~;..~.srd one irouUmtet ta Gecome Out ud par«+~e on w ~e(ae the av L[i
~
~ d±y o! tacA succetd~.; montA uniil t?e hholc el a~U indebtnt++ is pad, w~tA .ntereft 1rom m?tL~ity ~t tl+t qte of 10 r~rcest ~er ~rw att:r te~~~tt.
~ ~ It ~s t.~eeo tnat t~•-~ tis ot ~ne et?ence ot tr:h eaetuct ~ea t!+at tn l`+e ~rert ot 0~!~wt tn wrRent o~ anr tnstattmeet tor s wrtoe ot tni~tr Cayt ~n~
~ ' Ro:~er ot tt+it nOtt r+r~'. a7 ~:t cC!Ipn. CeNare a': tn~ neu:rwttrp~ s.~t1 ::Dt Ou1 ~n0 COtlettlb.~ ~nJ ~ny Iaqure tP taerau tald oDlbn t~t•~ not c: ~tt~•
~ t: Lt ~ h;ht' 01 lOe ~.:'+T t~ e.fr.:se !ef f!r.e ~l an1' +:'!r Ua'f. In ttr ~ ~•eM O! GGflu{L In O:'/rilat 4t I~~t PO!! !/'O If l~'! L7Mt If t~JCfO ~f1 Ltrt :JPOf f
w :01 : :IiPff!y to. ec:~•:e.~-n. ~..~e. o• e.:~rr et.il. t:~t~ CJY ~~1 C!~_'{C~ :CI~.G<110~1.1:C~Y~: li ~ f~di~N'.~Cl~ ~:LMt~tY~f Iil. IA C~f! OJYTt.Ii t'~~'1 f.Yl w
~r r.~s ~c i: n~evr.h•. r•a r.-i. ers. ~~•e:'s. a,C e~aon:•s. i~•m~y ana ~c.u~nr r,~t~ to a+y t¦t~~wanf or ren~wa~t w~tnou~ Wrtba not~c~. D:nO~ny ou~-
t; ~ se~.ii lor 0?Y~'ent e.euu~. ts ~o ea:ens~ons et im~e e~ terpetrane~ et : ~Yment MO D~:~ ma6~ cv ~rameA.
aq' W Y sUY Dow+d. l. w ns,
l5 1, or ..e, s}+d e,_~ ot.:,s wh.:he. ~~~c~~_~. +u~c~v, ~~ar~mer. er~:r•scr, o: oi~c~ pa+ty nr.eto, ee to De intt aM serer
a ta;hiwiM.warvtetmi~.'•,F:etes~,rot~c! Of ~?-.~u:~ protett, tn0 rar.-Y~-eat,
° G~.t~ ur?ie~ the fan~ a~d sc~l ol tK~ p~utr_ /
~ 15 R~1~ ~
= r+~. ax _ 10 _Yea rs ..~.1.~~:.. ''_.~,.~C:~..,s.~t:~!s~J .____~s~,c~
.~_,Or._..Box.. 2125 Stuart.t_. ~Florida 33494 ._._~.-•-_-•---.._..M___.._.__.__.___....___..._._.._.........ts~~~t
Ni! SItKM.S4N~KMr~MI~Kw?~« "wiw+~a~M~ ~KN
Martganor fuliy ~:arranis ih~ title to said land and ~:ill defend tt~e sac.e against the la~~rful clair,s of all
persons ~:i:c~soevcr, a~~d ayrees:
1. To r~+:e all Fayr.._nts required hy that note and this wortgage pr~nptly ?.~en due.
2. To pay all tar.es, assessr..ents, licns ar.d er~cuTbrances on ihat property prn~:ptly r,hen duc.
If tfiey ar~ not prc~r•:~tly ~aid the RortSagee r~i pay the~ Nithout t:aiving the option to for~cl~se, and such
payn_nts, ~riih interest thercon fra:~ the date of pa}r4:nt at ihe sa;:.~ rate as sFecificd in that note, shail
also be secured by this r_~ortgage.
i 3, io cc~::~it, per~it, cr suffer no raste, impaire~nt or deterioration of the GAr.tgaged preperty.
~
E 4. To p~y a11 e>:r~nses reasonably incurred by ihe r:ortgagee b~cause of failure of the F~ortgager to
f con~iy r+iih the agrec,~ents in t~rt ~eie or this c:~rtyaSQ, i~cluGiny rcascna5le attorr.eys fees a^d title
searches. FF.e cost t}._reoi, Kith in;erest thereon frc:? the day of pay~nt at the sar.w rate as specified
~ in that na~e, shali also b~ secured by tiiis cori9age.
5. 1f any pay:~nt provided for in thet note is noi paid trithin 30 days after it beconies du~, or if
any agrc~::_nt in this :~^r;g?ge oit:er than the agree. eni to c^ake the pa~,:.~nts is breached, the entire urpzid
princip~l balor.ce or t~:at neie shall i~:.-.~diately be,cc~~ riae at the o~tion of the t'.~rtqagee and ;;artcagee c~ay
~ foreclos~ t~ ~s : ~rtgacL in tce :.,_r~ner ; rov:ded by ia?r, ard have the cortgaged praperty sold to sa:isff ~r
apply on t'~_ i~~'ebt~~r.ess h^reby se:urcd.
6. Thc rents ar.d pro`its of the r.:ortczged prcrtr±~ are also h~reGy rortgaged and if procee~inqs to
foretlose thi~ r:ar*._~;, scall te ins:i~v__d, tte tcurt rating jcrisdic~ien there~f should appoint z recei~er
Gf tF~_ f'GYL~7•!'c.", ~TC;°'':' d:~~ d~D~Y •_hG5° ~[^.~5 2i.~ (:'OTltc Lp LhC ir.de~tecness F21'C`J}r sewred, fL•~ardless
of the sc~l:rr.~y of t~e :'~r+_,~ycr or Lh~ ~de.^,~acy of t::e securi?y.
II~ 4,1T::~SS ~N~FE~F, t!~e iforiga5or has hereunto set his har.d and seal the day aud ycar first aCove Hritten.
~ Sigr.ed, `-~ic; anu ~elivcrc•d
in th° 'f'l•SCt':e of : ~
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r,;. !~s Stitn~_sct ;o t'~c t:^rt~~3~rs
~T;.ic (ii' Rl.'.;:';~ )
i.Cli;:.lY Si. lC.:li: ) S~
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I her,hf certity tr:.~! on t;:s e;~t~. l:efo~e r..c~ a 1lotary f~u~~lic c'uly authorized in !heState and County
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'efz ~1~11C:•(~ ifl.tf\':•, L4 ii7!~P d. ~J:'r;!jr~,!;:-n~`.i (~s't':OI`ll': ~.r.~s-~+)
~ j .~c ~~~or~~~oin7i.,ort9~9c ar~:'
to ia. ,l ~q ts~. i~•~~ .an cr t:c•r~.r~~;~. c. ~;cri' c:i a> i?rrt,a~ ur tn a~~ i:~~o cxc u ~
~ dc~r,~:~ic:,~~;i~-.Lc.`.prr ~tr c~.:.~:at:uc~ ut saac.
11itu;t• ~;.i;-h;.r.d ar.! ufficial ~~:al in Lhe tu~~:~ty .+ud sta ~J abovc ihis AJy of January--_.
~1S 73. - . ~j . ,
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- ~i p ~ - -1 ut~~ - 1'ubl~
. ~ • ' - ~ ( ~ ~ P~`,~ j Jso „pTARY PUBUC: STATE Of FlORlOA at L11RGE'
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(I:~~l~if~/"h'+nj~ liy Caicni~.•.Ir~n L~~~irr;'-~-~,p~(~jQp EXPIRES fE~. 8. 19)4;-
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Ar.~ ' ~ . ,pNpEp TN~Y MAtNAl1o ~M-~~8
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