HomeMy WebLinkAbout0893 r ~ ncaa.e r+ac~, nww~. u sum v~ • ..~.c•. r.. - - -
m~s at fotlows: on d~y of 1 ~nd a lik~ sum on th~ can~paxlinp d+y ~~ch month
aft un~il tM . b~ ivlly paid.
E~ch imtallme first shall be app in payrr.ent of ~he i eit and theo on M unp~id b+l~nce of he p?i++c+p~l w+n. If d~f is nwtM tn
pay t of any instat t wMn dve. wch de(auh contMUes days, then ~t tM optMn of tlw hotder. a withou~ ~m otl»? notice. U th~ r~maini
insb ts sMll be d and pay~bk at . Privilegs is qiven t prepaY tha i+ot~ in or In patt at ~ny irtw witho~f pKwlty. PNit
no? t~e~n by the Ider ~hereof aiter ery'defwh in u+Y p+Y t~ hercon, shall be e:teruio~. A 1 ~ payment chup~ of ~MII b~
s ro Nd+ 1~tatlm~ t ~em~lni~+p unpaid days afrer ib dw d~ .~nd a like wm 11 be add~d w~acf~ s. i~ntalla?~N r~ininp w~p~ . 7 dar_ ~ftlr
e~ch pa dat~.'
•ch maka, sw and endwtsr her f, jointly a~d uvastly, waives demand, pre tment protest u+d not of protest fa naK»ymeM ~ fv~tlw
agrera any ~xtansion tim~ of p~yment, e hn before w+fte~ mat rity, without notiu o any of uij +nd to y all oosri of tdhttion, udi~g •
reawns I~ attoraey i fes the ~vent of any tault he~sunde~, and r~by uve~ally waiv all b~nefil of homeat ~nd ~xamption undw Ih~ ion
and la of each Sute of Ir United Sqtn, ~i spsinst this obliyetiop any ext~nsion a r w~l her~of.
tnsss tM Fw~d s~sl of each part~r
~ ~ •
NOW, THEREFORE, ths MORTGAGOR fo? tM purpoie of secwing p~yment of sa~d sum of = 22 . ~nd 1M p~rfone+na of 1h~ -
cow~sMS ~nd apnsnwn» her~in~h~r exp~eucd. u+d fw diven pood ~rd v~lwbl~ co~sider~tions, by t!~ p?es~nts. does y~snt; bry~n. sell, nmas,
releese, co~vty and tonfirm u~1o the /MORTGAGEE, iri succeuors Md sui9ns, all tMt cert+in lot, pieo~ w patul of Iw~d, situat~, ly&g, ~nd in tM
Couory of St LUC ~E and Sut~ of fbrida, dacrib~d ~s fdtows~
~ : a~~.s- ~o~o-0o~~=6OO ~
~ Apartnent Nuaber 201, Buildinq II, of ISLAND HOUSB CONDOMINIUMIS,
PNASB I, according to the Dec laration ot Condasinium and all
a~ exhibits thereto ds,ted May 23, 1973, recorded May 29, 19'73 in
p ; Official Recorda Book 214, Pages 1858 - 1933, ot the Public
'
~ Records of St. Lucie County, Rlorida, together with all o! its
;i.~~ ~ ~ appurtenances according to said Declaration of Condo~einiun c~
J''~ 1 i t ~ and all exhibits thereto and together r?ith all tenewents and ~
~ J~'f;~`-~ ? hereditaaents thereto belonging or in anywise appertaining to
a
~ ' ` ~ said aparta~ent. o ~
1 : ~
S~JSCT to the terms, covenants, agreewents, obligations and :
Q~Z a provisions of said Declaration of Condo~inius and a~ll exhibits ~g v~ ~a
' `!LZ~.~~ ~ 'thereto which the Mortgagor in all things does covenAnt to
~
~;-~"tr Mortgagee faithfully to observe and pertorn.
~{y 1'~~ T
! ~ ~ f~: . - ~ ~ ~ ~
,_._.li~.: a ~
. ry,~.1 _ By agreenent of Mortgagor and Mortgagee on file ,
,~i:_ o~:~il~~I~ Mith Mortgagee, the within aortgag~ secures not
~ only an existing indebtedness, but also ADVANCES
j S~~ to be HBRfiAFTER nade by Mortg~gee to Mortgagor,
~ v= ~UG{f the aggreg~ste of which will e~ual the princfpal
,,;,uNrt amount specified in the promissory nate secured
hereby.
to~ttMr wi~h ~II and sinpvlar t!» tensmenh, I+treditamenri and appwtarKes tFwreunto b~lag~rg o~ in anywlN ~pPerfaininp tlw~do, and ~U nnts, bwN,
proueds and profin accruirg and to ~ccrw from said prsmises. ~II of wA'~d? an iruluded in +M .bwe ud fwepoirg d~wiption ~nd h+b~ndum.
~ TO HAVE AND LOiHgOlO the ~bovt described uid gn~t~d premises unfo th~ said MORTGA6EE, ils wocesson ~nd ~ssipns fo?~vN. Ard th~ s~ld
~ r~toRTGnGORhe _ n hsin, executws, administnton and assipns, her~by cover~ts with tM aid JNORTGAGEE, hs suco~ws ~nd aaiye~.
that - lawfully seized of tM s~id pranises m fee s'unpl~: that tM sartw ~r~ fr~s, ct~ar and d'iuh~ryed fran all UN+s and ~rcu~
bnnus in law a in MuitY, and tM~ he will aod his beira shall w~rraM and dtftnd th~ titb to tM wn~ b th~ uld
~ MORTGAGEE, its succ~uors and ~ssiyns, fwever against the lawfut d~ims and demsnds of all pasoroj
~ PROVIDED, AIWAYS th~t if the NtORTGAGOR :hal! piy uMO tM MORTGAGEE t!w promis~ory ~wb hereinb~ia~ d~saib~d and siwll fndy, pranply
and fu11Y pKform, d'Ndur9e, execute, complete, tomptr with and abid~ by esch and ~wry th~ stipul~tioea, preernents, co~d'Aions u~d oavenuas of uid
promiisory note ~nd of this Mort9age, then this Matyaye and the Estate htr~by veated shall ceue and b~ nvll ~nd void.
p m ~ IT IS UN~ERSTOOD fhat tM word "Mort9~yo?" whethe~ {n tht singula~ or plwal anywhere in this Mwtyape, sFNll b~ ~npviat if ont o~ly and ~
; °.a sh~ll b~ plural ~ointty ud severaly if more tMn on~, u~d th~t the word "tl+eir" .s used .nywh~n in ihK Mo.ip~p. ~h+Il b. isk.n ro m.+n "1as." "h~rs,°
f x w"Hs," wherw~r the cont~xt w implies w ~dmiss. Also, tMt wMreve~ tl~ere is ~ r~f~renc~ io tFw coven~ms and ~NrrwrNS h~r~n ooruaimd to an~? of
~ ~ tM pwti~s her~to, th~ sarn~ ah+ll be consnved ro mean u well as the Mirs, k~al rp~es~tatiwt, wasssws and auipro (eiTh~r volunt+ry b1~ ~ct of Nr
~ p~has or imrdum~ry bp oper~t~on of th~ Iaw) of the s~me snd that the coven~nb haein ooMained sh~ll bind and tM b~mfiri ~nd adv~ntapN irwn
E ~ ro tM retp~ctire h~'as, leyal representstives, successws and au'~yns of tFw puties hereta
~ Md ~aid AAertyapps, for themsetves s~+d tl+cir Frin. I~yal represe+~atives, sucusson and ~ssi~ro. Fareby jointFy snd s~vually oown~ro ~nd spne
y ro and with the aid 1NORiGAGEE, i» succeswn snd sssip~s:
~ r~'' 1. To pay all and sinpul~r th~ principal snd inrerest and tM wr;an ~nd sundry swro of mo~ty payabl~ by virtw of s~id promisaory ra». ~nd tNs
~ mortpa~s. tach and ~very, panptly on th~ days respectivtly the samt swerally b~cortw dw.
2 To pay all and sirg~lw th~ t~aa. ~asessm~nn, levies, liabiliries, obli~atioi+s and encwnbr~noes of ewry nawn ~nd kind now on s~id dNCr~d
Property a tF~at hereahM may „nposed, wffaed, p~~c~d, kvied, or aaessed therwn, a tlwt hen~ftN msy b~ le~ri~d or ws~as~d vpa~ thk Matp~
~ p~, a tM ind~btedness Ncvred he?eby. ~acfi snd wery, wh~i due and p~yable, accordinp to law, b~fon tiwy becan~ d~lkpuem, and b~fwt Mry ht~t
~n+cF~es a any penalty a incurred; AND INSOFAR AS ANY TMEREOF IS Of RKORD THE SAME SHAII dE PROAMTIY SATISf1ED ANO DISCIIARGfO OF
RKORD AND THE ORIGINAI OFFICIAt OOCUMENi (Sl1CH AS, fOR INSTAN~E, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1ALLV ENOORSED
OR CERTIf1ED) SHAII SE IU1CE0 IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEX1 AfTER PAYMfNT; ~nd in t!w e~reM Mwt ~ny 1Mr~oi i~ not
paid, satsfied and d~scharyed ~a:d MORTGAGEE may at any nme piy the same w any pan ~Mreof witho~rt waivirg w sff~ctinp any option, li~, tquit~r or
•iqht und~r a by vvtve of this mortgaye and fhe f~N snwvnt of each and every such payment shall be immed'utely dw a~d payabb and ihall bw IM~?at
~ram the d~te ti~wf uMit pa~d st r~te of nine pe~ centum per annum and toqe~her w~th such intaes~ sMtl b~ secw~d by 1Fw liK? of th:s enotptp~.
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