HomeMy WebLinkAbout1236 Form ~FK-9
~'I~II~ Df ~~Gt'td8 MOitTGl~Ge DBBO
St. Lucie ~~t~ j
THis MORT'GAC~ M~d~ TAM d a.y ol "'Yl~l ~ . ~w .
br ~ Charles S~inelli M~
Eu~enia Spinelli wife
$t. Z,UC~@ ~~~y, Stat~ ol FlOl~~dB .~~~a(~~ wAe~he~ ~me ~i mnro c~iled 1he "Mon•
p.~o~•. A~. b;a,m~ ~u.,1y ,nd,e,.d ~o Tnte at~ ona? World _of Pools Inc. „t
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Oran~e ~unty. Sl~le ol F~'OridB . he~naQe~ called ~he "M~?nRekP.:°. in the wm ot
Twenty two hundred A~d ~event~ six ~c 16/100 nnu.~RS ,s ??~6.16 ,
evldencad by fit~ • dt promis~ury note ot even d~le Aerewilh m Ihe lulal amuunl ~r.~ turlh ahove ~~.+~•ahir.
24 Ninty four k 84/100
in monlhly installmenta in Ihe sum oI
DOLLARS IS 94• 1. Ihe tirnl p+~y'ment cnmmencinR o~ -1-~--- day ni mg~ -
19 and continuinQ on ~he .ame day o( each mon1A Ihereatler untll tdly paid. I~zRether w~ih I~it charR's o( tive ISl cents per SI nu
un eacb iaslaUment no~ {u~id within ten I101 dayc ol thr. due date. bW nat i:xceeclmR the lawtul max~mum, and interesl atler maturi~y at the rale
uf 111•. per a~num
NOW. (ar and in cons~deratiun ot Ihe atoresaid indebtedness and to secwv. the prompl paymenl ot Ihe same. Murt~taKnr has barRainr.~1 end
.old end dces hereby Rranl. barRa~u. ~ell and oonvey unto the said Mort¢aReP. his succeswn and a~siKn~. the tnllowlntt descnbecl lut or parcel
ot land situated in St. I%UC; 2 County. State ot Florids. to wit:
Lot 9. ~lock 13. unit trvo Lakewood park, according to plat
Book 10, Page 56 . Public Records of St. Lucie Counity Florida.
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~ STATE FLOR'G~ ~
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~ DEPT. Uf REtiENUE ;
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~ Together with all riRhts. members. pri~~fleRes. hcreditamenis. easements and appurtenances belonRinq or appenain?nc. ~1uriRa¢ur hFreby
~ covenanis and warranis to the Morigagee. his helts. successors and assiRns. lhat he has a iee simpiL~ ~itle'td ~aid properly. trne frnm all ~n-
cumbrances excepL
TO HAVE AND TO HOLD all and singular 16e atoreqreMed snd baryteioed premises unto tl~e MortReR~ forerer. provided always that if
the Mortgagor sheU and wfll p+y to the order of the Mortgagee. according to its tenor aad eftect. t6st ceHain promissory note ot e.•en date
herewith snd secured 6ereby and any other sums wLich bsoome owing by ibe Morlgagor to the 1?1oriRaRee prbr lo cencellatinn hereoF. then
thfs mortRage ahdl ceaso. termin~te and be w1d. o1M*w1~s to ~smaln in full torce end eftect.
T6e MorlgaROr agroes and covenant~ to p~r all tues and spscW assessmeata ~gai~t the ProPe*tY and 8A~ ~O PBY all Iaxes levied under
the laws of tWs State on tbe iadebtedness secured 6sreby MortB~Rur turthar covenants and ~Rrees ttui de wi~~ at aU times untll Ihe release of
lhis mortRsRe keep In tot~ce a policy oi lnsurance on lh~t portbn of the mortR~Bed P~'aP6~Y w~~ ~~~~ble covetinR loss and damaRe by
g~ch shatl be with an insurer acceptabie to
flre ~nd the other cesudtlss covered by tM uswl comp'ehaodve c~sudty tnsurance pdiry• ~y able to the Morb[aRee- in the
iD9 MOn$~8l8. I[I lD lIAOUAI DOt IEf3 t~O (I19 ~Ii~CQ 01M~~ Up00 1h6 itldBM~ness secursd bsreby. vrith ioss PaY
event of loss. Mortgsgor sh~ll give Immediate aotlce by mdi to ths MortReBee• who wW make Pro°f of loss it not made promplly by the Mort-
4 nt for such loss directly to the r1orlRaRee in-
~ gego~. aad e~ch Insunace compsny coacerned b beerbf? authal~sd and dlrected to meke p~yme .
stesd of to 16e Mortg~gee and Mort~sgor ~ointly bnt. fn t6e svent ~ny p~yment is made piatly. MohRateor hereby authorizes MonGaRee to en-
dorse his rame on any c6eck. draft or money ordet ~s his ettoras~?-lo-(~et. Upon peymenf (ar loss- the MotlRaRee mey at hi~ sole optMn appiy
such proceeda to reduce t6e balance of t6e indebtedness. or to restore t6e rtwrtgaRe propertY• In the event Morlqagor shall neglect or retuse to
~ obt~ln said lasw~aae or p~y any tu~ wMn due. tMo t6e Mortgepae m~y at hls sole optbn obtda such fnsurence or pay aq such te:es or both.
~ snd all sums eapeoded therefor ~ro bsreby ~scuted bp tldt morl8~e ~°d sh~U be dus immedlately from MortRaFtor to MonRaRee with interest
o~ ~he rato of 10~. per annum fmm tbs dats o( p~ymsnt b~? t6s Mortg~gse unW Wbd.
TM Morlgapor agroes ~nd covsoant~ t6at be wW malntaln ths mortSaqed p~opertY In Sood condltlon and not to commit or Io permft anyone
else !o commlt w~ste. rsa~oo~ble wsac ~nd tsat e~aPt~d. UPoa Ur iaUu~ ot tb° M°rtRa~or to s° °~°~°ta1° the mortgaged property. the Mon-
- ga~ maY ~a~ ~t~°O° "1°~ ~O at tM caat ot tbs Moetd~or. Aoy ~uch sum so expended shall be due Immedlate-
Iy hoa Mort~yor wlth Inbrest at t6s nte oi 10l~ p~ aan~us trom tb~ d~ts s:p~nd~d unW ptld•
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Ths Morya~or A~e~b~? v~s» t1~e Mo*tsyM wttb tb~ lt~l P°*'K aod ~uthotltp. upoa iM bra~c6 ot ~ny ooveaan~ or wamnt herefn contsiaed.
or upos ~ny d~t~ult W t6~ q~nt of ~nr ia~Wl~nt piovfd~d fs s~W or ~uy rs~wv °r ~xt°°sl°° ~hse°°f. or fn iM pertorm~nce oi ~ny
e~n~ment lMnla ooatala~d. to dacl~n tLs ~nttes la~dn~w 6~e~+! ~u~'~d Imm~di~tdy dw ~nd p~ribls. M/I1bDUl DO11C! l0 MY PBf80O. to
procNd to tor~doN thb mortpp iu ~coord~oo~ with burs of tW Stit~• ~~r~ J:':.1:~ ~
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