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HomeMy WebLinkAbout1327 ~52,949 . Bernard A. Carter and/or polores M. Carter~ his wif 3~ o~ 80 hereio "Mortga9or", whether singular or plural. in consideratioo of conveyance ot real properpr hereinaftei^~~~$ described by NOL10A~ OUT IN AMERICA AT ST. IUCIEi tNC., herein "Nortgagee`, and to secure pay~ent of the balance of the.purchase prlce by Mortgayor obligated to be paid. as evidenced by p~a~issory oote fully identified hQre1n. hereby on this 25th dap ot ,,,F~Yuary A.D. 19y~. conveys and aortgages - . to the sald Mortgagee its successors and assigns the real property in St. Lucie Coun~y. Florida. described as folla+s: Condominiun Parcet: lot of YEttTURE OUT AT INOIAN R1YER, INC., a Condaoiniw. according to the Dectaration o ondaainium thereof recorded in Official Records 6ook 210 at page 1402, et._,~____is g.. of the Public Records of St. lucie County, Florida. As provided for by the Condoain~wa,.ct of the SW tutes of t:~e State of Fiorida (Chapter 711, Florida Statutes 1965. ~et. s~ said description in this conveyance includes, but 1s not limited to. all appurtenances . to the Condwuiniun Parcet described, inctuding the liwited cocmon elements assi9ned thereto and~ lncludiog tAe undivided interest in the coanon ele~oents of said Condaoiniuo. THIS IS A PURCFIASE NONEY HORTGAGE As seturity tor the payment of tAe pranissory note of which the following is a copy: = 19 + 18~ 9. 89 ,~,e. ~c.c~. n.r~a Fnbrn a r~. ~ S~-~.. ~9 Z3 ~ For ral~e ncti~ed. I. ve. or ~tt~er et ~s.~.os~u te a~ a t~e aaer o~ ~ HOLIDAY OUT IN AFIERICA AT ST. LUCIE, INC. ~~,r~,Nineteen Thousand One Hundred Eiahtv-Nine and 89/~--_---~,t 3 .3~ts oex~uee RcN. ~.E. sutu tz~o. A:~uu. Ci. a~apte t~ 119 1 aawt ca~secoctre rontbir N t~sultaeets ot 5159 . 91 /16Q _ 6~ fi »al ~~~p i~~,i eo ee~ a+e ane p~r+w+oe or eet«~ t~» . ~ ~y o~ Anr; 1 19~M aN insalMne~t to btaome dw ~M paY~b~t on w bNw~ tAt ~ s d~Y of qc!? woeeedinq month w?~,l ~M wAo1~ ot ~aid inQebmeu a pa~d, with in:r.~st Iwm +riuuri~y ~t tlr rats of 10 ~erce~e ~ a.ww ~teer rNarl t. ~ It b awee0 tnit tlm~ Is of tM essene~ Of tMS eontnet ~~O tMl M tM ~nM Of af~Wl M 0~7rnwnt ol arw InstNNn~nl fw s OKIOO O~ t~ktY ~Yf tM nW a~r of tMS not. mar. •t ~ts ootM~. we4n an tM reena~noa at fa W ewe ew,nd eeu~etla• ane anr 1a~wr•:o •:~reis~ sa~e optan sns~~ not eo~stl- tuts ~~+ahrer o1 tM rHnt ~o eaert~N t~~ s~mt at ~M/ ot~ tirtr. tn bw hr~nt of O~~autt ~n payment of tHis nOt~ atb 11 tM sa~ b 01Kt0 M tN~ MnM w ot ~n ~ttwery tw cW~ectwn. w~. u atntr ot us. aq~M to paY iq eosta OI eolleCtbn.Inc~uC~M ~ rpson~ON altornty's ~e~. Iw usf OsY~+I snan nW W n~W~ at ~+utur~ir. tn~ maKers, w~ttht. s~e enoone*s. lanth awA se+mry a1~a~ to any actemlons or ren~s wltnout twtna nol~ee. Wea~M ouo- t sw~a ~a wrm~nt ea~o~, ~s n no ~atenuoas o~ tun~ a forosawnu e~ paym~nt nao ewn ~naw er vantw. ~ 1, w wt. ud ~ ol.us whetAer wu+e~w~. svehr. 4vus~tor. NWO~aer. er other prty Aueto. s~es to jointly ~nd Y .1, o~ we, ~ ~stAlurtlwvwivtoemand.Orotest,e0tlt! Ot ~arld. No[lft~ W ~OMM t Gnan w+~fe+ tM nand ~od sesl of sseA pucY. ~ ~ N,, 857 o,~, 10 yea~s, _~s..n P.O~Box 649, Boca Raton, ~'7,oxida ..~s«n Mb~tgagor fully aarrants the title to said land and Mill defend the saue against the lawful clains of all persons Mrho~soever, and agrees: 1. To wake all payaents required by that note and this ~ortgage promptly ~+hen due. 2. To pay all taxes, assessments, liens and encuabrances on that property pro~ptly r+hen due. ~ If~they are not praapily paid the Fbrtgagee nay pay thee r+ithout ~+aiving the option to foreclose, and such pay~eents, Kith interest thereon fram the date of payaent at the sa~ae rat~ as specified in that note, shall also be secured by this murt9age. { I~ 3. To commit, penoit, or suffer no Naste, iepainent or deterioratlon of the oortgaged property. ~ To pay all expenses reasonably incurred by the Mortgagee because 9f f~ilure of the Mortgagor to compTy ~ith the agree~aents in that note or this mortgag ,,~n ludipg ~asonable~ttorneys' fees and titie searches. The coSt thereof, Nith interest thereon froa~e ~a~ bt payment af~the same rate as specified in that note, shall also be secured by-this mortgage. S. If any paya~ent provided for in that note is not paid within 30 days after it becaaes due, or if any agree~ent in this rortgage oLher than the agree~ent to make the pay~ents is breached, the entire unpaid principal balance of that note shall ic~aediately becaoe due at the option of the Mortgagee and Mortgagee a:ay foreclose this raortgage in the aanner provided by law, and have the oortgaged property sold to satisfy or ~ apply on the indebtedness hereby secured. 6. The rents and profits of the a~ortgaged properiy are also hereby mortgaged and if proceedings to foretlose this rsortgaae shall be instituted, the court having jurisdiction thereof should appoint a receiver of the martgaged property and apply those rents and profits to the indebtedness hereby secured, regardless of the solvency of the t:ortgagor or the adequacy of the security. IN ~IITNESS 1rHEREOF, the Mortgagor has hereunto set his hand and seal the day and year first above ti+ritten. Signed, SealeG and Delivered - ' ~ in the sence or; ~ ~ ~ - As Witnesses to the Fbrtgagors ~ ' i STATE OF FIORIDA ~ SS ; CQUNTY OF ST. LIiCI~ ) i hereby certify that,or, this date, before ioe. a Notary Public duly authorized in the State and County na~eed above. to take _ acknoyledg~aents. persortal ly appeared ter ~ - to e+e knorm to be the pErson or pcrsons described as Murtgagor n a rr o execut t e ore9o ng mor ~qe ~ fe ackno++ledg~:d .bCf4re se: the execution of sar~e. ~ tness:~cy -liand and. official seal in the county and state na~ned above thls 25thday of February , ~ 19 ~ - j . : - ~ Y- ` ~ _ - lbtary ub ic , NOTARY PUBLtC. State of Fb?ids at lary~ (Notary Scal) ~ ~~3 ~1~~ C~is:lon ExpIrll~Commissbn Exeires Ma~3. L7i ~ ~o~~M yr AYTO OINMERS Uif YRANK Tt~is H~~~ t~~~~~~.• ~.r~•;:~r,~~l l~y. . • x~ ~ ,;+f~ , ~ r~,~ _ ~ : .