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:nst~NmeNS ~h~il be due an payable ~t once. Pr~vlte9e is piven ro prspay his note in whote w in p~rt ~f any time wi t p~naify. Nt~thtr fw ~nce,
nw accept~nc~ by the hol ehereo( ~(tn ~ny default in ~nY payments n, sMll be daemed ext~ns~on. A latt p+ nl char~ oi s shdl b~
added ~o ~ach insutlment r m~ininp unpa~d 7 dayl ai1e~ ia dw da1~. • lik~ wm iM1i be +dded w csch iuch i ~Iim~nt rahainirg ~rnp+id d~ys ~ftK
each succeadin~ paymenl te.
Each maker, w~ety nd endo.ser hercof, jo7miy artd sevenily, w ves demand, p.esa+rmen~ protes~ and ~,o+~ of p.aest iw nonp.y , and f~?th~f
egrees to ~ny exten~an o time of payment, either before o? sftar matur , without ratic~ to any oi us; and 1o y aIl costs of collacY , inclvd~np a
~ reaionable anorney i f~e tM tvtnt of any defautt hereunde~, snd reby severally wairef all benefit of home ead and ~xernplion und~r tWisliMiOf1
and laws of each Sute tFw United Stase~, as ag~inst lhis obl~atio~ any ealensan w ren~w~l hsreof.
Witness the ha and ual of each party.
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NOW, THEREfORE, ths MORTGAGOR fo~ the purpoae of tecvrinp payment of said swn of i 30~~~•~ . a~d tM pe?fwm+nc~ of th~
covenants ae~d ayre~menq her~in~ftcr expressed. and fa dive~s ~ood end v~tuabl~ cauiderataru, by tMN presents, do~s 9~~nt, brqain, ktl, r~enis~,
reteaw. convey _and coniirm unto-the AAORTGAGEE. i» succeswrs and ~stipni. ~ll 1Mt tert~in b1. pi~u or pucsl of tand, titvat~, lyin~, and beinp in th~
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~~~~y $ti. T.l1C~A and Stat~ of Fbrid~, desuib~d as ~dbws: ~
Apartanent No. A-1 of La~trada Del Mar, a condominium accorrling to the Declaration ~
of Condo~inium dated December 30, 1972, recorded in Official Recorcis Baok 220, page
~71~7 n4' +1ua R,1,1i~ Rae~nr~a ef S!_ Ia~~iA Cauntv. I~lorida. toaether vith all of its
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appurtenances according to the Declaration. - i
SUBJECT to the tera~s, convenants, agreements obligatims and provisions of said
Declaration of Condominium xhich I~brtgagor in alI things does covenant to I~ortgagee
faithflilly to observe and perforn. a
By agreearent of Mortgagor and Mortgagee on file With M~rtgagee,
the xithin mortgage secures not only an existing fndebtedness,
but also ADYANCES to be HEREAFTER made by Mortgagee to Mortgagor
~ the aggregate of xhich Will equal the principal amount specified
~ in the prwnissory note secured hereby. -
~ _ E~ ~ 51~~ .
> ~ ~
~ STATE oF FLQRI~A ~ ~ot~~ ,Q~~ alP~~~jQ I'~~
DOC,____
U_ M~~}=ARY,~''-•~,STAMP TA~. ~ ~ ,~Nlt~~ p~C~s
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DEPT. OF
REVEtUtlf " a ,j~,S ~
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eoyethN w7th all and iinputu the t~r~emer.ts, hered~~amenb snd appurtances tFwrtw+to b~laginp or in ~nywise appertaininp ther~to. N~d all Mntf, iHw~, ~
p;oce~ds and p~of~n ~cauinq a~+d to acaw from said pr~mi~es, all o~ whKh ar~ included in ~h~ abow and forpoirg daoription and h~bu+dwn. ;
TO HAVE AND TO HOt~ the sbov~ dexribed and y:anted pranis~a u~ro t!M said MORTGAGEE, itt woo~ason a+d assipru forww. Md th~ Mid
their
MORTGAGtO~iey are uecutors, administrato~s and ~uiym. Iwreby cov~nsnft with tM said MORTWIGEE. ita stKtMSOn a~d aNip~M.
rha~ - lawfutly ra~zed of rhe said p.emias ie fe~ sM+pl~; tiut th~ s~ u~ fnt, cMu, and dacharp~d fran ~II lisns ~nd ~ncun~
branc~t in law o~ ~ eqvity, and tMt t~y will ud their hein shdl wurant and d~f~nd tM tittt b th~ ssnw to th~ s~id
~ MORTGAGEE, it~ iuccessws u~d assi9ns. fwwer a~si~st tFK lawfut ciaims ind denunds of alI p~rsons:
PROVIDEG. AlWAYS thst lf th~ MORTGAGOR sh~ll pay ~nw th~ MORTGAGEE th~ pomiswty oot~ htt~inbefw~ d~wibd and sh~ll truly, prwnptfy
and fully perfwm, d~sch+rp~, ~a~cvt~, comp4t~, compiy with ~nd ab~d~ by each and tvery tht snpulatiorn, apreemenb, cond'Mioro and cown~nri of said ~CS ,
promissory noa and of this Mortys~e, then this Mortya9e and the Eitate he~eby ae~ted ~hall ceas~ ~nd M nvll ~nd void.
!T IS UNDERSTOOD tl»t the wad "Mort9a~a" whelhsr in tFw sinpular or plw~l ~nywhK~ tn this Mort~~. ~lall b~ ~irgvlar if on~ only and -
sFull b~ plwd jointly ~nd swaaliy H mw~ than one. ~nd th~t the word "their" ~s ~s~d ~nywhen in th+ INo?t~+p~ ah+ll b~ tak~n to mean "hb." '7rn." ~
o. "its," wherave? the context w implies w admin. Alw. ~ha~ whe~ever tha~ is • r~ferenc~ in th~ covenaori ad spr~b hKein com~trwd to ~ny d
rhe panies herero, tM ~am~ shall b~ coe»trued to m~an as well ~t the hein. Ipsl rpre~+t~tires, wa~sson M+d assipro (~itiwr volumary bp M of th~
parties a invduntsry bp oper~tan of th~ law) of the iame and ~hat ~he covenann Fierein com•inad shdl bin6 and rh. ba+Nfin aod adv.nr.y~s inw~ ~
~o th~ respeaiw hein, byal represent~tivh, wccsswn and ~u'~yea of the panies haeto.
Md said Mw~gpw~, fa tlwmselves and their M~n, le~al represent~tivq, successon and assipry. Mreby jointly aed wwrdly covK?snr ~nd apne ~
to and with rh~ ~aid MORTGACsEE, in ivcussas ~nd ~upm:
1. To p+y all ~nd sirgolM rM P.~~Pai and interest and th~ v~rian and sw~dry sums of moMY P+Y+~ bY virtw of ssid pranissory noN, and this ~ =
mortqapt, e~ch and ~wry, promptly on tFr days rapedivtly tM sam~ s~vtrally becoen~ dw. :
2 To pay all and sirgula tM faxes, asiesu~xna. Iwies, liabilities, oblipations a+d encumbnncq of wery n~tur~ and kind now on s~id d~wlb~d i
prop~rry, a that M~eah~r msy be ~mpow~l, wffKed. plaud. Iwied, a as~ested tiKnw~, a ~Mt he.eaftn may b~ Iwied a~ nwswd vpa~ thi~ Mort¢ '
pe, a tl» tnd~bldr~u s~cw~d her~by. ~+ch and ~very, wMn dw and pa~~ble, accwdirg a taw, beiwe tMy b~cane ddi~qwm, and M~on ~n1? InNrat '
ansches w any penalty a incwred; AND INSUFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPTIY SATISf1ED AlV~ DISCHARGEC Of
RECORO ANO THE ORIGINAL OFfIC1Al nOCUMENT (SUCH J1S, FOR INSTANCE, THE TAX RECEIPt OR THE SATISFACTION PMER OFPICIAIIY ENDORSED
OR CERTIFtED) SHALL df PUCED IN TME HANDS OF SAiD MORTGAGEE WITHIN TEN DAYS NfXT AfiER PAYMEN?; ~nd in the iwnt lhat ~ny fM~~ol k no~
paid, sat's(ied and dixharged u:d MORTGAGEE may at u+y time p~y ti+e sarrw o~ +ny part tFKreof withovt w~iv'ug or affettinp any option. 1'Nn, puity a
•~qht u~da a by virtve o1 th7s mortysQe and tF~e full amount ot each ~nd eve?y such p~yment shall b~ irnn~ediately dw ~nd payabl~ ~nd ~hall b~x intKest
~.om tM dat~ tMr~of votil pa;d ar rate of nine pe. cemum per annum ~ad toyether w~rh such interssr shall be secwed by rhe lien oi th:• mory?pt.