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FORT PIERCE a Fort Pieru, Florida, tM m of i with inta~ (rom date at tM rab of % p~+ ~wn~ tn inNa~l-
mMb u foli on 1+~ day of 19 and ~ Iflc~ sum on th~ respo~dinq day of ~ach th thKe~
~ftK until the whole b~ f~lly p~id.
E~d+ ' tallm~nt fir:t shall b~ ppliad in paymcnl of fha terest u~d tMn on t ix+paid bala~u of tM p? ipal wm. If ~I~ult is tnad~ b th~
psrmem of y iostallmenr when . ai+d wch defwtt coroi s 30 daps. then ~t tM rion of th~ halde?. and w hout ~ny other'~otipt, aU ~ininp
instdlrtqnb II be dw and paya at onc~. Privilege is giv n to prep~Y th$ noq ' who4 or ln p~rf at sr~y Y withoul p~lf~:` ~00~.
y
eo? urepta by the holdar ther f afte~ any default in any payments hereon, sh~ll raemed extauion. A la p~yre~t ~d ~~11 ~i
added b e instaltment remain' ~npaid 7 days after fn daM. ~nd ~ like wm II be added ~o each Lat~llment~~ma ~ya ~f~t
each payment drt~. ~ 1 ? , . _ ~ - -
Esch make?. wnty and e sK hereoi, jointly u~d vetally, waiwa d~m~ pr~ot protest ~nd ice of protes"`Lfo~ f~~
agrsa fo a sut~nsion of tim~ paymen~, either bffw~ ~frer maturity, wit!?out tict ro ~ny of ~rst and 1 pay a:l cos~~- ~
reaaonablt norney's fee in tF+e Mt of ~ny default h~r nder, and hereby several w~iws all b~~efit of t~ad aed ex~n~il~t?~ fh~
snd laws e~th Sqte of /M t~d States. ~s apaient thi obligation w any ea~tn ' w re~ewal herwf. •~~h.;
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Mf' iht h~nd and 1 of each party.
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St t~ Revenue -
tst canoetkd oe «tp~ no~el 63 900 00
NOW, ?HEREFCRE, ths MORTGAGOR fa the purpose of secvrirg paym~nt of uid wm of i • • .~d tM p~rForm~nce of th~
oov~nts and ~pnemenq i+aeinahK expreued. and fo~ dlvers yood and valwble considaatiora. by tMs~ pnsentu, dws gr~n1, b~rqain, setl. nemist.
rekase, eonvey ~nd conPum unfo tl+~ MORTGAGEE, ib succeuors and auigns, ~11 thst ceruin bt, pisa or puul of land, sNw», lyinp, ~rd b~N+p in the
St, Luc~w , and St~t~ of Florid~, desuibd as folbws:
Conda~iniu~ P~YCel No. 223 of CAPSTAN I, according to the Declaration o! t
Condc~iniua thereof, recorded in Otficial Record Book 232, st pages 619-711 °
of the public records ot St. I~~,,~,~;,~qymty, Rlorida.
- a-~ owc ~ 0- 70 OOo2G -O~D~2
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O terss an d con d it ions o f sa id~c~arat ion .o f Condoti inius, the
Azticles ot Incorporation, By-Lawa, and Declaration of Covenant~ and
Reatrictions o! Ocean Village Property Owners' Association, Inc., with
which teras and canditions the aortgagor cover?ants to coaply and perlorA.
By agreeaent ot Mortqagor and Mortga9ee on tile with -
Mortgagee, the within sartgage secures not only an
exiating indebtednQSS, but also ADVANCSS to be ~RB-
AF?ER nade by Mortgagee to Mortgagor, the aggregate
~ ot ~rhich will equal the principal saount specified
` in the proafssory note secured hereby.
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~ ° FL_ORiDA ~ ~ ~
~ n~ wirrar oF nu~~
cz ~ R~,~us~EK~AU~~ f- sTA~
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°c-~ u' UEPi. Uf itf1+ET:UE r'~ r / OlE~p pO~lf CLAySS~'yCy'~INTN16i~lE rERSWtAI ~~ER(Y~
~r ~ V V. V~~ rV~Y~w~ tY M~~~Ei~ 71•1~~ ~ ~f~
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topetlwr with sll and slnpulsr the Mnernenb, hereditamenb and appwtances the~eunto belorgirg a in a~ywat ~ppertatnk~p therNO, and all rmp, bwp, _
proce~da and profin aanuiny and to accrw from uid premises, all of whid~ are ind~?ded in the abov~ and for~poinp d~wiptlon ~d h~b~rd~+m.
TO HAVE AND t0 HOID th~ ~bow described u~d grantsd p~emises unro rM s~d MORTGAGEE, its suocKwrs and mipm fonwr. And tM wid
MORTGAGOR fa t he i r hein, executon, adminis~rston and aupro, herebY cov~n~nfs with the s~id MORTGAG~, i1s woo~ssors ~nd asip~r,
th~t thev aI@ ~,~,fully ieiud of the said prem~s in fea iimplr, that tl+~ ~+me ae fr~e, cku and ~~durp~d fran dl Uens and ~naim-
a~~~. ~ t~* theY will and their btin sh~ll wuraM and d~f~nd th~ titl~ b tM s~ to th~ s~W ~
MORTGAGEE, its sucoesso?s and auigro, forever painst the lawful cbirm and d~m~nds of all perto~as
PROVIDED, AIWAYS th~t if the MORTGAGOR sh~lt pay unto ~thc MORTGAGEE the promiuery note Fie~sinbe~or~ d~w~d and aMll tnrly, pranplly 3
and fully perform, disd++rg~, execute, compkte, comply with and ab~de by each and ~very th~ stiputatioen, apreemsnts, conditions and oo~ve~wqs of wid
~ promiuory not~ and of this Mort9sye, then this Mwtys~e and the Esats hereby vested shalt uaf~ ~nd be ~vll ~nd void.
~ IT IS UNOERSTOO~ that tM wo~d "Mwtysgor' whether in tM singula? a p{wal ~nywh~w in this 1Mo~t~apt, atwll b~ skpular if an~ ady and
~ shall be pkrral iointly and stve~aly if more thsn on~. ~nd that the w«d "~heir' ~s wad ~nywhen in Ma A6orepap~ sh~ll be taken to nwan "hb," •'lwn,"
or "its," wharsver ths cwiteat w implies w admi». Abo, that wherever tAer~ a a nfa~
in th~ cown~M~ and apr~nri t+erein eom~bwd b n+p of
, tFr p~rties her~to, the same sh+ll b~ cantr~ed to mean ss well u th~ heus, lepd repr~ntiS'~ves, suoctsson and assipm (~iti~er voluntary by act of the
partip w~votunary by operarbn of rh~ bw) of the same and that tM covena~ts hsrtin co~t~irwd ~hsll bir~d ~nd tF~e b~nefib ~nd ~dvampa itwn
`i ro th~ respsctive hein, lepal ~~presentatives, wcceu«s and au~ns of tM pwtiaa haNa
~ Md said Maty~yora, for tMmsetra u+d rheb hein, teQ+l rep.ese.~t~tives, wccessws and ~ugr~, hereby pin~y and swa~lly ovv~n~M ad ~ne
to ~nd with the s~id MORTGAGEE, its iuccesson +nd auigtu: .
~ 1. To pay sll ~nd sinpula th~ principal aed inta~est and th~ vsriova and sw~dry sum~ of maKy paYabb by vi?tu~ of s~id promiswry rwf~. and tNs
,~o matyap~. ~ach and wery, wanpth on rhe days respeu~vdy rM aarM sewr•Ily b~can~ due.
2. To pay ~II ~nd sirpulx the taxes, assessm~nts. Mvies, liabilities, oblipafions and encumbrsrKes d ~v~ry n~tw~ ~nd klnd now on said duvR~d
WopKh, a th~t here~h~r reNy b~ impw~d, wffKed, p~+c~d, levid. a assesNd therwn, a that hereafte~ m~? b~ Itvied or au~ss~d upa~ tHs Map~
sp~, at tM ind~budness scwred hereby. ~ach and every, when dw and p+yable, accordirg to law, bt(on thty becan~ dtlinqwnt, and btfon ary 1nNrMt
~nuhes or ~ny penslty is incwred; ANO INSOFAR AS ANY 7HEREOf IS OF RKORD THE SAME SMAU SE YROMP~LY SA?ISFIED AND DISCHARGED Of
RKORO AND THf ORIGIhAI OffIC1Al OOCUMENT (SUCH J15, fOR 1N5TANCE, TNE TAX RECFtVT OR THF S/11t5fACTtON PA?ER OffICIAIIY ENOORSED
OR CERTIFIED) SHAII SE PUCED IN THE HANDS Of SAID JMORTGAGEE WIIMIN TEN DAYS NEXT AFTER PAYMENT; and in tM w~M that any IMr~of i~ nol
paid, ~at'sfied ~nd dixharyed sa:d MORTGAGEE may at sny tima psy th~ s«ne w u~y p~n the?eof without waivieq or aff~ctinp ~ny option, li~n, puilp or
•+qAt under or by vinv~ of th~s mor~gsye and ~he full amo~rnt of each and every such paymenf sMll be immediately dw ~nd par~bl~ ad shall b~n intMMt
~rom tl+e d~t~ the~eof u~til paid at r~te of nine per centum per annum and toyether with wch i~tere~t shall b~ fecv~~d by the litn of /h:~ mw~q~.
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