HomeMy WebLinkAbout0310 a!ter unNt tiie wF.o,r t~e Na.d. ~ ~
Each +nsra'~:+~~rnt f~r shal) be eNp~~ad ~n pe~~nrni of fhe ~nf•_r st and thcn on the unpa~d 6alan of fhe prinr'pal sum. If de(autt made in tM '
;~~mero of a~y mstaiLne t whrn dun, a~xf sucti drtouh cent~~~uzs days, the~ a1 the opn~n of the er, and witho~t any other notice, il the remaininy
~s~a!imems shai! be due and pay~b:e et oncc. Prrvil~~ge ~s g~ven t'prepay this note in whole o~ in pa~ at any time without pMaity. Ne forebear~nCe,
~:or acceptance by the older thereo! afr~~ eny defav~t in any pay ~ents hereo~, ahall be deemed eat sion. A late payment chsrye of S shsll b~ ~
+..i~ed to each ~nsra:l nt remain~ng u~pa:d 7 days ahe~ its Jue ate, ar.~ a I~we sum shall be add ro each such installmem remaini unpaid 7 days afttr
•~:+ch succeeding pay ent da~e.
Each maker, urety ar.d endorser hereol. ~ointly and sa e~a~ly, wa~ves damand, preseNmen protest and notice of protest fw payment, ~nd (urther
a3rees to any exfe s;on of r~n:e of pa~~nent, ~•lihe- betore or ~er r,afur~ty, without nor~ce to an oF us; and to pay all eosts of eollection, inelud~ng a
r._,sonabie attorn t s Fee in the event ~f any ivfeuit hrreu er, ar~d Ftreby severally waives a benefit ot homeatead and exempti under 1Fr constifution
,d laws of eac S~cte ot the United 5tetes, as aga~.^.st ~h~s b~~yation q any extens~on a ren a1 hereof.
Witness ~e hand a~~ci sea! of each pa~ty.
/ . ISEAI)
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~ (SEAU
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( . ~ _ ) State Revenue ~u
, -«;q~nat note) 37 ~ 200. 00
NOW, THEREFORE, the MORTGAGOR for rhe purpose of sec~ring paymenT oi sa~d sum o( S ~nd tlw perfo?mance of 1FM
coven~nts and ag~eeT.enss here~naiter expressed, and for d~vers gocd and v~iuable co~s~derations, by these presents, does gr~nt, bar~~in, sell, remise,
re(ease, convey and conf~rm unto the IhORT~AGEE, ~~s s~ccessors and assigns, ell that certain tot, piece et parcel of (~nd, tituete, lying, and beirg in the
i County of - St -(r P - end State of florida, desuibed u follows:
Condominium Parcel ~lumber 1122 of Coral I, A Condomini~ according to the
Declaration of Condominium thereof, recorded in Official Record Book 241,
at Page 500 of tt~e Public Records of St. Lucie, County, Florida.
, By agreement of Atortgagor and Ptortgagee on file aith Moztgagee, the
witTiin mortgage secures not only an existing indebtedness, but also
ADVANCBS to be NEREAFTfiR made by Mortgagee to Mortgagor the aggre~ate
of which will equal the principal amount specified in the promissory
note secured hereby.
SUBJECT to the terms, covenants, agreements, obliqations and ~rovisions
~ of said Declaration of Condominium which Mortgagor in all things does
~ covenant to Mortgagee faithfully to observe and perform. ~
rp;>k; ~
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, . _ . . . AECFJYED i--t-- IM WWYEIfi TN(ES
~Z- V . . - ~ ~J ~ ~ ou~ ~ cus~s ~ ~nf~t+cr~ ~sNU~ ~n.
s - ' ~ ~ . . , _ - ~ PURlIIANT 10 C~1A~'^ER T1-13~. lCTS ~ 1l1~~ A
! ' . - - - ~08ER POfTRAS IV
:
i W.E~ OIIIdtA~ Ca11lT. 8i. W(.'1E 00, ftA
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~ rogetF~er with all and singular the terements, hereditaments and appurtances Ihereunto belonyirg w in anywise appertainirg ihereto, a+d al) rentf, fuues,
~ prueeds and proiitt accru~ng and to accrue from sa~d premises, all of wn:ch are included in the above and fonyarg datripYqn snd Mbendum.
- TO HAVE AND TO HOLO the above descr;bed and granted premius unto the ~~id MORTGAGEE, iri sutteuors u+d auipns fwtvN. And tiM Mid
'VIORTGAGOR for he~rs, execvtors, administrators and assigns, hereby covensnfs with the ssid MORTGAGEE, it~ stxteswra u+d ~uiprN,
' the at -
+hat Iawfully se~zed of the said prem~ses in fee s~mple; that the same are frN, clear ~nd dixharged from ~II liens ~nd Mcunr
; brances in law or in eqv+ty, and thst-_ t_~ will and thelr he~n shall warrant and defend the titb b the sam~ ro tM wid
MORiGAGEE, its successors and ass~gns, forever sgainsl the lawful claims and demands of all persor?s;
PROVlDED, ALWAYS fha~ if the MORTGAGOR shall pay unto the MORTGAGEE tF~e promissory note Mreinbefore described and th+ll truly, promptFy
and fully periorm, d~scharge, exec~re, comp;ete, compiy with and ab~de by each and every tF~e stipulations, ~g?eemsMS, conditian ~nd coven~nts of saido^
= prom+ssory note and of this Mortgage, then this Mwtgage and the Estate hereby ueated tlull te~se a~d be null ~~d void. o~
' IT IS UNDERSTOOD that the word "Morigagoi' whether in the s~~+yufar or plural anywhere i~ this Mortgaye, shall be s'wgulu if ont only and ~
i shall be plural jointly and severally if more thsn one, ar+d that the wud "their" as uud anywhere in this Mortya~e shall b~ taken fo mean "hb," "hM;'
s or "its," wherever the contex~ so impl~es o. adm~ts. Also, tMt wherever thero is a.efe.er,ce in ~he cm~en.nn .nd .yraemenn Mre~o oom+in.d ro.mr d~
the p~rties herefo, the same shall be conatrued ~o mean as well ~s the hein, legal rep~csentatives, svccesson ~nd auigr?s (eitfrr voluntary by act of M»~
p~rtief or involunrary by operation of the lavv) of the same and that the covenants herein contained shsll bind and rl+. ben.fin and advanrapa i~w,n
to tF~e respective hein, legal representatives, success«f and ass~gns ol the parties hereto. - ~
~ And said Mwtyagon, fw themse(ves and their heirs, legal represent+tives, succefso~s and sisiyns, hereby jointly aed swaally coveMnf utd ap?M
ro and with the ~aid MORTGAGEE, its successors and assigns:
i
~ 1. To pay all ~nd singular the princ+pal and interest and the various ~nd sundry wms of money payabls by virtw of taid prcmifwry not~, ~nd Nst O
; mortyage, exh •nd every, p~omptly on the days respcctively the same sevusUy become doe.
` 2. Te pay all •nd i~ngular the taxes, isussrt+ents, lev~cs, liab~litiei, obligations and encumb~a~ces of every natur~ ~nd kind now on said d~wk~d ~
property, or that hereafter may be imposed, suffered, plated, levied, or assessed the?eon, w that hereafte~ nay b~ levied or ~s~es~ed trptx~ thi~ MOrIQ~
a9e, a tht indebtedness secured hereby, euh a~d every, when due and p~ysbte, accordirg to law, before they becortN dtlinq~enf, at~d btfo?~ aery/ kH~r~sl
~ atreches o~ a~y ~enalty is inc~rred; AND INSOfAR AS ANY TMEREOF IS OF RECORD THE SAME SHAII 8E PROMIPTIY SATISFIED AND OISCHARGED OF
~ RECORD AND THE ORIGItvAI OfFICIAI DOCUMENT ;SUCH AS. FOR INSTANCE, TNE TAX RKEIPT OR iHE SATISFACTION PAPER ~PICIAIIY ENOORSED
" OR CERTIFIED) SHAtI SE PIACEU IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXi AFTER PAYMENT; ~r?d in tht event fhaf any th~reof k no1
pa~d, sat sfied and discharged sa d h10RTGAGEE may a~ any t~me pay the sa*rv w a~y part ~hercof without waiviny a af(ectirq any option, liM, eqvity a
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