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HomeMy WebLinkAbout2683 .'•'.f.~.~.S?S?Sr~itiS4S~.4+.fi's•.~.~.L~r•.~.•.•~•:.•.:•.'.•.'.•.•.•.•.•.•.•.~.•.•.•••.'.•.~.•.•.•.•.•.•.•.•; ~~~~i~~~~'~~.~.~~~•~i~i~i~.~~~i~.~~~i~i~i~i~i'i~i~i ~~i~i~i~~~i~i~i~i~i~ • t s~0, 000..00_ Port St. Lucie, Florida October 31 , 1973 ~ FOR VALUE RECEIVED, th~ undersiqnsd, ~ointiy and sevenlly, PROMfSE TO PAY to the orde~ of S#IIRLEY M. FLOOD ~ ~ aad.. gTbBLYD~._IS1~B,~LLS-CROWN-. - in cama4a xiLhout riqhts_ of surviv~rshiy~ THIATY.--T.~iDUSAND.--and--OQ/lOO------------------------------------------~DOIU?RS, fi • - - - - - at _ - : - . . . - - or sucl~ oths? placs ss tb~ holdor ~ heroof ~nay designat~ in writin~ toyethe~ with i~terost from _4CtOb6r 3 I 1~.T3 ~ a? th~ nt~ of fl.5_ per centum per annum on the unpaid bslance until maturiry. The said principal and in~erosf shaU ~ be dus and payable as follows: In equal monthly insta~lnpnts ot $295. 44 each ta be paid ~ on the lirst day of ench and every month hereafter beqinninq November 3~, ~ ; 1973 and contiAUinq until the~first day of October, 1988, at whiah time, ~ the entire principal balance with iaterest ahall become due and payable. ; Each auch monthl inatalments shall be a lied firat to the . y PP payment of ~ . ; intereot on the unpaid balance and then to the payment ot princfpal. ~ ~ ~ ~ • ~ Ii d~f~uh bt mad~ for lrj dsps ia tM paynanl of sny insull~nl of principsl w inNnsl ot +wr p~rt fMr~of, fM whob svm tMn ~smaininy • uepsid wi~h ieMnst sAall ~t hold~rs opiiow becom~ dw and payable Wi}hOW l101it~. F~1~Y?~ ro~:~rcis~ srch option sMatl no1 ionuitut~ ~ waiwr oi tlw ~ right te ~x~?cis~ tM sanw ia tIN ~v~n~ of fYbf~qYM1 d~fault. Aft~r ~naluritp both p~incipal and sccnr~d inhr~sf shall b~at inM~~sf af p~~ c~ntum par YIAY111 wuil psid, TM nuk~n and ~wdo~n ef this aoh fu~l~e? waiv~ d~mand, Rotic~ of nonpaynknt and prot~st. i/ this woh is not paid a1 m»wity and tb~ sanN is plac~d with an aMOrn~y for coll~ctan, ~h~ nuk~rt and ~ndon~rs Mreof apr~e to pa sll costs ef coll~ctions inc ~d-iea co~H cosh +nd t~atoeabb ,++e.,,.r f..,. The respective shares ~g t'.h@ payeee 'herein n~q s~l~1,1 : bez SHIRLEY M. FLOOD - 50g= BTHSLYNNS ISABELLS CROWN - SOt. ~ ~ ~ - . . . ' - ~ ` ~'i C''~ ~g ; ~ ~ ~ - ~ •~i.s~A ' ~ 'L~/~,., geI Farina (SEA~) : % FI1E011M0 REC R E "~O~' sL lUC1E COUN~r ~u~. `~,~`T . . Jo5 r`F~y4 '~4Ri/?~ ~s~?~~ ; ROCE~ POiTq~: ~ M. Josefina Farina C~ERK C!liCU1T COiJJlT _ pEGORO~YERtf'IEQ;~~,~- (SEAL) `i r i~i~I~Ifl~I~~~1~i~I~t~I~I+~f~f1~1~1~~~1~~~f~~~I~1~I'?~I~~~I~IfI~1~~~~~r i~~~~~?~~~i~I~I~i~~~i~I~~~~~i~i~ifi~i i~i~?~~~1~i~~~ifi~i~i~i~i i~i~i ?~i i~i~i~~~i~i~i i~i~~~~~i~~~i~~f1+1~?f?~l li~v 1~1 2 i3 PM'73 and shall dul}, promp4ly and [ully perform, discharge, execute. effect. completr. compl~ Hith and abide by each and e~~ery~ ~he ctipnlaeinn.. aRreemenis. cvnditiu~„ aud co~enau~s n[ sa~d prom~swr. notr and of this mort{;a~;r. ~iiro t}iis moTi~;a~;e and the euaee hereb}~ crea~rd sha11 cea~e ai~d !~e null and roid. It is undentood that each of the Nords. "note." "mortgaRor" aud "mortgagee" res~~ecti~eh• and the prnnouns referring thereto, whcther iu ~he sinRular ~r plural ~mwherc in tliis mort};a;e, shall be singular i( onc onh~ and shall bc plural jointl~ ar?d se~•erall}'. if more tha~~ one, and shall t~e mauuline, feminine and!or neuter, w-here~•er the coutext sr~ impliec or admits. ~nd said \IortRaRor fur 1?im~el[ and his heirs, le~al repre•.e~~tati~es, succes~or. and a+si~;ns, hrreb~~ cocenantc aud agrees to and with taid .ltort~agee, his Ic~al rePresentati~es, sutcessors a~~d as,i~~i+: 1. 'l~o pa~• all and siuy;ul~r the prin~ipal and interest a~?d thc ~~arious ~ud sundn• swm of rttouc~• ~ii}ablc by ~•irtue of said promisux~ ~~ote, and chis mort~a~e, each and eren•, prnmpdc on the da}•s respecti~•el~• the ~ame se~eralh become due. To pa~ al! and sinGular ttie c~xes, asses~meiics, le~-ies, liabilities. abli~ationc aud i+uambrances of e.en• ~~ature and tcind noK- ~~n said ele•cribed propertr. :~ud or that herra(rer m:~y be imposed, suffered, placed, leeied or :~scesseci thereupu~~. and~or that hereafter mac bc Ic.ic~ci or a.scsced upon this mort~aRe and~or the indebtednecs ~ecured hereb~•, each and e~erv. rvhen due and pa~~able atcordinQ u~ l:iw, be(ore the~• become drlinquent, anci be(ore am• i~uere~t atwche~ ~?r am~ ~xnaln~ ia i~uurrcd: and in u~ (ar as anc thercof is of record [he same shall he prompth• s:itisfied a?ed dischar~ri! ot rccorcl and the or- iginal of(icial c[ocume?et (~ucl~ ac. fnr iustanee, the ta~ recei~t e?r the sati,taction paper ~f(icialh• end~?rsrd nr crrtiGrd) shal! be placed in the hands ot sairt ~(~rtGaRce within icn da}~s ucxi aRrr p.~~mcut: and in the c~~ent rhat am• tl~ereot is not so paid, satisfied and clischarfied, said ~(ortRagee may at any time pa} the vame or am~ part tl~ereof ~.ithout wai~•inR or af(ect- inR an~• option. lien, eyuitc or riqht under or b~ ~-irtue of th~, mort~a;e. ar~d tl~e (ull amount of each and e~~erv such pa~- ment shal! be immcdiateh• due and pa~ablr ancf ~hall bear inccrest Irom the date thereof until paid :~t the rate uf tca Exr centum per annum and toRe~her with such interest shall be secured bv the lien of this mort~age. ~ 3. To p)a~e and cr»,tinuou~h~ keep on the buildingx now or hereafter situate on saici land fire a~ul ~eiud.torm. insur- ' ance in the u,ual ~tandard ~licr (orm, i~~ a sum not less than ~he highest insurable ~•alue. in such compau~ or ~~~mE~anies as ' ma~ be appro~•ed by said ~tortRaRee: and all such nuurance policies on an?~ of said t~uildinRs, any interect therein or part : thereo[, in the aRp,reRate sum a[~resaid or in excess thereof, shall contain the uwal st~ndard mortgaRee clause making ehe ' )ocs under said policies, each and e~~ery, pa~able to said ~tortga~ee ac his interest may appear, and each and e~•en• such policy ; sha11 be pmmptly deli~erecl to and held b~• .aid \IortRafiee: and, not lesc than ten da~s in ad~ance of ehe expiration ot each ' ~x,licy, to deliver eo said ~IortqaRee a renewal thereof. toqether Mith a receipt for ~he ~xemium of such renewal: and tl+ere ~ shalt be no such insurance piaced on anr o[ ~aid buildings, any interest therein or part diereo(, u~iless in the form and with ~ the loss payable as aforesaid: and in the event any sum o( mone~ becomes pacable under such policv or ~,olicies .aid \tori~agee f shall ha~•e the option to recei.•e and apply [he same on account o[ the indebtedness secured h~reb~ or to perniit said \tort~a- ~ Ror to ztceiFe and use ic or am• ~art thercof for other pur~ses Mithout thereby w~ai~•in~ ar impairinR an~ eyuit}'. lien or riqht under or by ~•irtue of this mort~aqt: arid in the e~~ent said ~lottgagor shall for anv rcax~n (ail to kecp ehe said premises so insured, or fail :o deli~~er promptly any of said ~litiec ot insurance to said ~tort~aRee. or (ail prnmptl}' to pa~ full~• a~~y ptemium therefor, or in any respect fail to perform, discharge. ex~cute. etfect, mmplete. e~~mph N ith ar.d ~bide be this cnv- ~ enant, or any part hereo(, said ;~tortgaqee may place and pay for auch insurance or any part thereof h•e~hout wai~•ing or affecting any option, lien, equity or right under or bv virtu~e ot this mortgaRe, and the tull amoune of each and every such payment shall be immediatel}• due aud pa)able and shal! bear interest from the date thc~eo[ until paid at the rate of ten per centum per annum and together with such interest shall be ~ecured bv the lien of this mottqaRe. ~ 4. To permit, tommit or sutter no wute, impairment or deterioratiot~ ot said propert~ or any part thetcof. ~ 5. To pay a!! and singular the costs, charges and e~tpenses, including reasonable law}'er's fees and cost of abstracts o[ title, incurred or paid at any time by said Atortgagee because andlor in che e~•ent of the tailure on the part o[ the said ~tortRaqor to duly, promptly and fully pertorm, dixharge. e~cecute, e(fect, complete. comply with and abide b~• each and e~•ery the stipulations, aqreements, conditions and covenants af said promisu~ry note, and this mortRa~;e, any or either, and ~ said costs, charges and expenses, nch and every, shall be immediately due and payable, whether or not there tx notice. de- mand, attempt to collect or suit pending: and the [ull amount of each and every such payment shall bear intemt from the date thereof until paid at the rate of ten per centum per annum; and all said costs, charges and expensa so incurrrd or paid. ' together with such interat, shalt be secured by the lien of this mortgage. ~ ~ goQK 220 PA~2679