HomeMy WebLinkAbout0805 v„ ~ne ay oi 14--_-_ and e lik+ sum on the curospond day of each ther~-
afrer until thr whole be fully pa~d.
Each irxfaliment iint shall be applird i payment of rhe inlerest a~w then on unpaid baSance of the p?intips sum. If defaulf is de i~ the
payment of ~ny i~sta!lmsnt when dur, and h defaul4 conYi~:;;es 30 days, then at option of the holde~, and withou ~ny othK nOtice, a the remaining
~nstallmenrs shall be due a::d payabfe at o e. Pr~vilege is given to prepay ~his e in whole w in pa?1 a1 any time penalty. Neit t(orebearaoce.
isbi'~tc~tance by the holds~ thereof e~ any default in ~nY paYmenri hareo shall be deemed extension. A tate yment charpe of}S shall be
addcd~fo aech inatatimcnt remaining npa:d 7 days afte? its due ds~e, and s ike sum shall be added 1o each iuc ~nstaltmeM remain' unpaid 7 days afJ~r
eachhucteeding payment dste. '
~j Euh maker, surety and ser hereof, jointly and severally, w ves dema~d, prex~tment protest a notice of prote~t fd paymsnt, a~d furthe~
a~rees fo any extensio~ of ti of payment, either before or after mah ity, without notice to any of us; to pay alt costt tollettio~, ir+tludirg s
/easonable attorncy's fee i the event of any defa~•~• ?~reunder, an hercby aeverally waives all tw:ccfit Iwme~~esd and exem ion u~der the tonslitulion
; and laws oi each Stafe o the Unired Sfates, as aga~nst this obliga on w any extennion o? renewal he?
Witness tFx ha and seal af each party,
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NOW, THEREFORE, the MORTGAGOR for the purpou o4 securing p~ymen~ of said s~m of S ~ 3~~~•~ +nd the pe~fwmsnc~ of th~
covenants and agreements hereinalter expressed, snd for d~vers good and valvable considerations, by these presents, doaf grant, bar~~in, sell, rem;u,
reteese, tonvay ~nd c~j~firr+~ unto the MORTGAGEf, its successors and assigns, afl that ceruin lot, piece or parcel of land, situate, lyiny, and beinp tn tM
County of St' •_'"C 16 and State of fb?ida, described a~ follows:
Lot 1l~, Block 2, REPI.AT O~F PAI,M QARU~TS, as per Plat thereof recorded in
Plat Boak 12, page 1t2, of the Public Records of St. Iucie County, Florida.
By agreement of Mortgagor and Mortgages on file ~ith MorLgagee~ the within
mortgage secvres not only an eadsting indebtedness, but also ADVANCL.S to
i be REREAFTTR nsade by l~ortgagee to liortgagor, the aggregate of rahich xill
' equal the principal anaunt sgecified i.n the praanissory note secured hereby.
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. .=i iy~ ~ RECf1M~1 'C ~lI11~N~'181E pf ~911~
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togethtr with stl a~d singular tF~e tenertunts, kcreditaments and +ppurt~nces tfxtevnto belonginy or in ~nywiw appertainirg th~reto. ~nd aU rMri, issues,
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~ proceeds and profits scvui~g a~d to acuue from ssid premises, all of wFi~ ue inciuded ia the above and forepoirg dewiption and h~berdwn.
~ TO HAVE AND TO HOI~ the above desv~bed sr+d g~anted premises unto the said MORTGAGEE, iri successas and ~isiyns fw~va. Md th~ wid '
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MORTGA~
R fw -he r heirs, executors, sdmin~stratus and aisigns, heteby ooven~nb witfi tM ssid MORTGAGff, its s~xcessws and ~s~iprn,
, rhat -""e is lawfully seized of the ssid premises in fee simplr, that the sams ~re fr~e, ckw and dischsrged from a4{ liaq ~nd ~ncwn-
' brsnces in law a in sqvity, and that 3hA will and hAr hein shall w~rraot and.defend th~ titk b tM s~mt to tM wid
MORTGAGEE, Ns successon and eas"~gns, faever ag~inst the lawful clsimt and dem~nds of all penons;
PROYlDEO, ALWAYS tMt if tfie MORTGAGOR sh~{I pay unto the MORTGAGFE the promiuory not~ herein6efwt dewibed and shall trvly, promptly
and fully perfwm, d~schsrge. execute, compkte. comply with and ab;de by esch and every tF~e stipulatio~s. a~eema?t~, caditions and covenann of ssid
promiasory nota and of this Mwtgsge, then this Mo?tgsge snd the Estate hereby aeated shall ceas~ and be null and wid.
IT {S UNDERS700D thst the wwd "Morrgsgor" whether i~ the s~ngular w plwa) anywhere in tl?is Mortpspe, shall b~ sinpular if on~ only and
shall bt p~wal jointly snd severally if more than one, aod that the wud "their" as uted snywhere in this Nbrtsye sh~t{ be tsken to mtu~ •'bis,•• •'Mn••
o~ "its,' whcrever the context w implies or sdmits. Also, that wherever there is a reference in fM covenants and agrtementa herein oont~irwd e4 ~ny o!
,~~e f,arlrts i+erefo, tna s~me snaii oe censrruea to mean ~s wN{ ~s the hein, kys{ reprasentatives, s~tcessors and utipn~ (eitha volunt~ry by act of th~ -
panies or imroluntary by ope~sYan of the law) of ~he same and tha~ the covensnts herein cont~ined shatl biod and the benefin and advantayes inx~
to the respea+ve heirs, kyal representative~, successas and ~u~gns of the pa~ties he~eto. s
~r-~ _ Md uid M~o~tya9ors, ior tMmselves ~~+d thea hein, feyat representativn, s~cceuors ~nd auiyns, hrreby jointly ~nd sev~rally cov~na~t and pr~e _
ro~nd with the said MORT6AGEE, ifs succeuors and auiyns:
- 1. To pay +II and sirgvl~~ the principsl and interest and the wrio~s ~nd ~undry ~uma of mo~+ey paYabl~ by virtue o~ uid promissory not~, u?d this
mort9pe, e~cl~ ~nd every, prompt{y on tfie days respeciively the same sewnlly become due.
2. To pay all a~d ~iegulu the u:es, sssessments, levies, lisbitities, oWigatwr?s and sncwnbrsncet of every natur~ snd kind raw on said dacr~d
~ property or ti?at hereahtr may b~ imposed, suffered, pl~ced, kvied, p assessed thercon, a that hertsfta rrwy be levied or assetsed upon H?ia Mott¢
~y~, a tM indebtedness ~ecur~d hereby, esd~ and every, when dve and payable, accadirq to law, bsfore they become delinquent, and befor~ ~ny hterNt -
~attathes a any penalty i~ inc~+red; AND INSQFAR AS /~NY TNEREOf !5 OF RECORU 7HE SAME SHAII 6E PROMPTIY SATi5f1ED AND ~ISCHARCsEO OF
RECORD AND TME ORIGINAL OFfIC1At DOCUMENT tSUCH AS, fOR INSTANCE, TME TAX RECEIPi OR THE SATISFACTION PAPER OFfIC1AllY ENOORSEO
OR CERTIFIEO) SMAII BE PtACEO IN TNE HANDS OF SA1U MORTGAGfE WITHIN 1EN DAYS NFXt AFTER PAYMENT; a~d in Ihe ~vent thaT eoy ihereof is no?
paid, s~t'sfied ind discharged sa:d MORTGAGEE may at any t~me pay the same w+ny p+?t thercof without waiving or aHettir?y any opY~on, lien, eqvily p
•:qM unda w by virtue of this mo~tgage and the tult amount o( each and every such payment shatl be immediat~ly dve ~nd payabk and sFull bsar interes+
~.om the date thereof ~ntil paid at rare of nine pei cent~m per annum and togethe~ w~th such intsrest sh~fl be secwed by tfie lien of th:t morytpt.