HomeMy WebLinkAbout1568 . .s~v~~.~ b .
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~-herein 'Hortgago~". ~lkiher sing:~lar or pluril, i~ tensideratirn o~ conveyance of re~l property hereinaftcr
. dcscribc~i by FtOLIPAY OUT IM /1NEFIf~l1 AT ST. lUC1E. 1ttC.• heroln "Ftortgagae"• ~ixi to seturtt pay~cent ot the
Oalantc ot the purchase pr.icc by Fbrtqagor obllgat~d to t~ paicl, as ~vidc»ced by pra~iss,ory hote fuily .
~dentitird herein. hereby on this 10 d~f? o!' t~otob~ A.D. t9,'7s,. tva~veys' and wortga9es
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to the said kortgagee its successors and assi_
qn_s_t_he r~e~i property in St. lucie Couaty. flori , descMbed .
as tollo~~s: ~ - . ~"~~~"dG~~~ y
Condo~aintu~a Parcei: Lot I B""16~ of~:110UDAY QUT AT ST. LUCiE. ItIC.. a CondaoiMuw. according •
to the Oeciaration of Condoa~"""iniu.~a~TieFeot, recorded 4n Otfictal Recorda_ ~oak 168, Paae 1348, et.
seq. of tha Publtc RecoMs of St. Lucte County. Ftorid~ as araended ~y lloreerent dated Jar.uary 31,
1959 ~ecorded tn 8aok 175, P~ge 1682 et. s~. ssid Pubtic Records ('Lot"j. As ~rovlded for ~y ~
the Condec~init+ac-Act of the Statutes of the State of F10~tda (tt~3pter 711~ et. seoc 19~5 as suD-
sequently aa:tnded) said description in this cooveyance includes,_but is not liAited to, ali
~p{~urtenances to the condauiniur+ parcet tbove descriDed, tncludinq the liaited caaaon elec.ents 6
assigned thereto, and including the undirtded interest in the con~en elcments of said Condoaiiniw. ~
tHIS IS A~ FURCNASE MONEY 1~~RTGAGE
Rs setu~fty for the payrknt of the proraissory.note gf ++hich the tollo~ing is a~opy: ~a" -
~ s ss3o.oo ~~e?+.. ootob.ac lo » ~5..
~ For t~irt rKtAel~ t• r~. K.ete~r? N~s,Ka+~se a,Nr a t~s o.aer
~ HOLIQAY OUT Ik AF~ERICA AT 'SAY/.~~LUMC1E, INC.
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~Le~lYl f~ ~~s h~`writrafi ~1~~
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~ .3~tS ~e~ceer~e tat. II.[. S++tu ltl~. Etaacta i~, ~y~a1! 1~ ~ 11~/t en:a) co~secvtire sou~~lY
~ Sntallsetuts~of S 4b 08 46 4~ u~, j~ ;,~uw~w+~ ~o e~~» aK,~s o.,,,o~. a+o. oNO..
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~ dsY oi ~iKarr~~ t9~~ed oM +~altmeet to btsomt Ws u+d pavawt on a bNore th~ 71t
•s d•y of exA woter~:r,~ !:wntA vqtil ths Mwh ol ~id ind~pt~~en it paid. wi~h imlrest t/oe~ rNtVriRY ~i U+~ pte et _ a ct~se~t ~~w~ 1~ta lttpit. ~ ~
.,r, It p a~sM thM t~~^.~ b ot tn~ tnswce ot teh tontrut u~d tMt M tM ee~~t et ON~ult M osY~M ot snY MstNNnen1 tot ~~IOA et tn4H larf tM
hO:OM W tMf AOit fn~1r. ~t Iit ~tiDw, Qlt4rt il~ 111~ NtMa1n.7N~~ ptd ltOt W~ ~~?4 C011liiiir:f in0 !ny 4WR~ 40 tatttflt Ht0 OOtIW~ 1bNi eW tOwf1M
tuft ~~w~l~l~ Of tM ~I:rl t0 ![ttC11t lM 1~M1 al ~nY OU~lI lMpl. M b~1 tvtM Ot Q~/~11N IP OtY~'+~nt t.f tMf rw!t ~no If the sH~+a b WsteO M t~+e IurWi ~ t ~
~ Ot ittMnty ~Ot tWit:t.tM t. we. 6I fHne~ O/ ut. at•e~ to O~Y !u eaa:f c~ ~o~!eeiWn, encwC4~t a~wsoea~~ luaweyl /ef. M uf~ OaYme..~ fn~M nol
tr_ r~G! it ~+atus~lY. t~ a'1..~~t, fwt11M. i+~0 ta00~st~1. IO~nl~y iR0 s:rteaNy tit~~ t0 MY «temiuM oi ttMN~lf ~HIb11l Mf1~t1 wQIK~. WnA~M Otrh
t Wtts /o~ MY~n11~Keo1~ is If eo ~as~wsWru af lirn~ ot torOtu~K~ Ot 0!Ymt~ut MA lKf1 ma0~ Or 4e~wte0. ~ ~
~ 1, or we.:na tacn ot.us whete+er Ot:~e+aa/, s:,.esy, t~tanlo?. s~dxse+, or osner pu?r Aerstb, syres is Dt io~1y ard l~vn+uy powed. i. a Wf. ~
~ exh IwtAr wsw~+derrtind. Procesy~ettce ef. ~eiaa0. ofotest. st4 ee~-oa~oN?t. .
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G~~n uMer tAe ta~ ard xai o! tad+ ps~tY• p,
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Hortqagor fu)ly Narrants the title to said la~d and aill defcnd the same against the la?rful clai~s of al i, ~
persons t~h~~soever, and agrees: ~ ~ . _
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1. 7o e~ike ail pay~nts required by that note and this mortgage promptty xhen due. . ~ ~ .
2. 7o pay a11 taxes. assessaents, liens and encu~brances on that property Praaptly when due.
If #hey are nat pro,.^:~tly paid the hortgagee ~ay pay thec+ xithaut r+aiving the option to foreclose, and such f~~~j~~~.~
payr~ents. trith interest thcreon fraa the date of paysa~nt at the same rate as specified in that ~ote, shali ~~p~
a15o ;secured by_ this c~ortgage._ .
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3. 7a ca~it, per~it, or suffer no waste, iwpair~ent or deterioration of the wo~tgaged property. o~E~~
4. To pay all expenses reasonably incurred by~ the ~fortgagee because of failure of the Hortgagor to ~ z~?m
~ co~;,ly ~rith the agrec~ents in that note or this caurtgage, including reasonable attorneys' fees and titie ~ T!~
searthes. 7he cost thereof, with interest thereon f~aa the day of paywent at the sace rate as specified , r•_.,;-< ~
in that note, shall aiso be secured by this aortgaqe. ';`l=~~•~~ ~
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I 5. lf any payr~ent provided for~in tha~ noEe=is not paid trithin 30 days after it beco~!aes due, or if ~~..~;.;,5 ~
i any agret.:.~nt in this ~-~ortgage other than Lhe agree~ent to cake tl~e pay~r,ents is breached, the entire urspaid ~~3,•~~~t ~
i principal balar.ce of tT.at note shall i~: ediatety becc::.~ dae at the option of the Martqagee and ~7ort,agee ~y: trt
toreclosc this :.origaSe in the oanner provided by taM, acd have the nortgaged property said to satisfy or ' 0 3
apply on li~e indebte~r.ess hc~eb ~ e~ c,~t~. ac~ ~-e~~
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6. The rents and profits of the r..or.tqaged prop~rty are dlso hereby ~ortgaged snd if proceedings io
foretlose this r..ortga;e si:all be institu'ed, tl:e cour: havtnq furisdicticn thereof sAculd a~?oint a receiver. p:;'~"
Ct the r.:~~-L;~c~d prcr^ri,~ aad apply i~~ose renis and profits to the indebtedness F.ereby securea, regardless
of the solver~~y ai ;-ortgagor or th~ adequacy of the security.
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Iil K1T;;ESS Ke{£Ri.GF, the t~ortgagor has hereunto set his hand and seal the day and year first above xritten.
Sigred, Srale3 and Deiivered
~n the Pre nce .
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~ AS Kitnesset to thc Flur:c~gc~s
~ S7ItiTE UF ftCitSi'A ~ SS •
~ COU:iTY OI" ST, LGLI% )
t hcrrh~ certiiy th~t on this date, before r~. a t:otary P LIfC dvly au orii i se State nd County
~ na~acd ahr,vr. !o iayc acf..tixiledg~cnis. pcrsv~~a11~ a~:;~^arnd
to t>~ I.n~••,~ to be, if:t~_(~.,oA~..or'~:per:ons Cc:critcd as ~:urt~aga n an: r~o exec tr tl.r• orc,o:i?g r.;ortgage a~.T`
atkn~r+t^~i~~~~d t~cfor~tiW?~t1~t~~q~fcos.ipn c,t s~.ac.
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~l~t~;e:s rqt`~~:etM'v~.~,io~,s~h1_ i?~ Lhe c~,up~ ~i1~ state n~r~d al?ovc :I~is ~0 da ot .
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' J•~~• 8. 0.4lL~~~ .e1~ ~ ~d br A~?icaa fa4 i G~alry Cb.
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