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HomeMy WebLinkAbout0564 ~ ,•;,..v ~ . ~ . 3 E~ch installrrrm fint ~MII be • ~ed in p~ym~M of th~ i~tere~~ u~d then on ~M unpaid bd~ tM p~inupal wT. 1( d~fauh M in 1M payment of sny i~ut~ltm~nt wMn , a~d such defwlt cont%nws ]0 day~„ Ihen ~t tM optan of t r, and wi~hout ~ny ai»r ootic~, all t nwalninp inuallmenM shall b! dw ~nd ~t once. Privibpt i~ yivM to p~~pay tha noN i~ p~H at any firrA withouf p~eahy. N~it or~bNt~eot. nw ~cc~pt~nc~ by tM theiwf ~ft~r any dafsuh in any paymenn hereon, shall ~:tMaion. A lati p~yment chup~ of ~h+~~ b~ added ro~ach imtal ~em~ininp ur~id 7 dsh ~fta it~ dw dat~, ud a lik~ shaq b~ ~dd~d b each wch in~~allm~nt ~ w~p~id 7 days after each sutc~edirg 1 dats. Each , wrty ar.d endaser herwt, ~ointly N+d s~vsrally ~s demand, pe~emenent praNt sod notk~ of pr t fw nonpaymant. and hwflwr ag+ee~ to ~xteinio~ of ~im~ of p~ymen~, either befw~ a af~ ~turity, witi+ou~ notK~ to any of w; and to pay co?n ef co~iectior?, incQ+d;^o ~ reasona anorwy's (~t in tM ~vent of aoy default her .~nd Mrtby teveratly w~ivas all be~fil of homeste and ~xKnption ~nd~r th~ coMlitution and of ~ach S~att o1 tF~ United S~~tes. as apa~nit obliy~tioe a ~rryr e:~~nsion or re~xw~l Fkr~of. W~mas ~M haod and ~al of e~ch party. IsE~U ~SE/?U ~?q ~W NOW. ?HEREfORE. th~ lNORTGAGOR (or th~ purpos~ of securG+y payment of s~~d swn of = 2Z,4~.~ , aed the p~?fwr~anu of th~ cov.~.nb .nd apne~+n herein.f~er e~cpessed. ~nd fa d~~n pood ~nd v~tu~bl~ coen~der+tio~s, by tlns~ pns~nt~, does yr~nt, barpai~, s~Il, r~mia~, ; rekas~. con u~d fir~~nfo tM MORTGAGEE. in sucussors u+d asfipns, all tMt c~ruin lot, paa o~ parul of t+nd, ~itwt~, lyinp. and beinp in tM ' ~~~y af ~t t uid Sut~ of _flwida, dswib~d n fdlowt: Lot 10~ Block 1~, F~R2 PIBRCB BBACH SL~DIVISION, accordir~g ' to th~ PlaL ther~o! recorded in Plat Book 8, page 29, o! the pubYic records oi St. Lucie County, Rlorida. ?his is s correctiv~ ~ortgag~ d~siqned to correct an errontous l~gal dsscription app~arinq in that cortain aortga9e dat~d Nov- _ eaber 2, 1976~~and z~cord~d in O.R. Book 2b0, paqe 492~ ot ttw ~ Public Records of S~. Lucie County, Rlorida~ and upon which ? ' intan9ible tax has b~sa paid as ~vid~nced by recQipt No. 26~541. i i ~ By a9ree~ent ot Mortgag~r and Mortqsgee on lil~ with Mortgaqea, ; thQ within aortgaq~ s~cures not only an exist~ng indebtedness, ' but also AdVANCBS to b• }~RBAR?BR ~ade by Moztgagee to Mortgagor ` the aggreqat~ oi which will a~val tht principal a~ount specilied in the pro~issory note s~cur~d hereby. . RECEIYEO IN PAYMENT 0~ T11XES pl~ OH G11SS 'C INTANGIBLE PERSONAL PRO°ERIY, p~pSUANT TO C11AP1ER 71-134. ACTS OF 1911. R06ER POITRAS ' pFW( GI~IIR ~OYRT. St. LJICE~• ~opNFw with all and sbgufa tM ttnemer+rs. I+sredit~on ~nd appurunces tlwrwnw btlapinp a h+eYwhe ~PPKt~tr~q tMrMo. ~nd all tNUS. b~ws. ~ proc~ds and profin ~cuuinp and b~ccrw hom satd pema~s, all of whid+ an incl~d~d in tht abow and fonpoinp dawlWio^ and Mb~nduin. TO HAVE AND TO HOI~ th~ abov~ dew~b~d ~nd y~~nted p~~m~ws un~o th~ ~aW MORTGIIGEE. Ms wa~srw~ and aaipns fw~wr. Md /M wid their ~ inwi~^vAa^s^vR ii~ luies, easr.~aa. a~r.ir.':s••e•^^~ h•r:~•;• ~aw~+nn with th~ uid MORIGAGEE. fts ~uooasas and rsi0ey,. ot~ tb~Y ar! law~uly Kiz~d d tF» aid p~mws a~ fe~ simd~~ that tM wm ~n hN, cbw and di~ct~d fran all lisns M+d ~ncunr ~~pbne+c~s in fwv a in eq~rity. «~d thar tfte~/ will ~nd the~! hein sh~ll w~rnM M+d d~fN+d th~ NtM b Me taen~ b tht ufd ~ AhORTGAGEE. ifs sueasson and ~siqra, fawer painst thi lawful ebNea and d~mand~ of dl pKSart , ; PROVIDED. AlWAYS tlwt if tM MORTGAGOR sh+ll p~y vnro th~ MORT~3AAGEE th~ pramissory non I~einb~fon d~w~d and ~h~tl Mull?. P~P~~Y •nd fdlr p~rionn, di~ch+.pe, ts~tut~. tomPltt•, complY wirh and abide by tath ind w~ry N+t stipubtiom, pr~nM, tanditiwn ~nd oov~nants ot ~ald ~ ~ promiuory ea~ ~nd of tha Mwtpape, fMn this M«ty~pe ~nd the &ut~ IIHl~ pNf~ ~INI) ONM aflJ M IM1II M1d YO~. _ -p IT IS UNGERSTOOD fiwt rM word "Mort9pa" wMtMr in the sinyul~r a pl~w~l anywMn in ttAs Mwpsy~, sh+fl b~ ~inpular ff oer ady and ~ ~fisll be plvrat ioimhr and ~tverdly if mon tMn one, and that tM word "ttww" ~~d ~nyvrlwn in thi~ Mortpape sMll b~ tak~n w mtsn "his." "Mn." t ~ w"in.° wMr~va tM context w i~nplies a admits. Abo, th~~ wMrwu then ia a nf~r~ in tM ooven~m~ ~nd p~~nb hKein aonain~d m~np d th~ pKtMs h~rNO, tM wme rhall be oonstrved a me~n a vwll u th~ h~irs. I~yd npresa~t~Nws. wa~saors ~nd ~ssigna (~ithN voluntary bp ~ct ai th~ U p~rti~s a k~volum+ry bY opMation of ti~ bw) of the same ~nd H~t tM covenana herefn cau~krd shall bind ~nd tM b~n~fi~s and ~dvantaQu irwn ; ~ w t h~ rap~aiw M i r s, l e p a l np.ewrna~ivN, wcc~swn a n d ~ s s= y n s~ o f t M p~ i~ s h K N a ~ And uid AAortpapa~, foa tMmklv~a ~nd their h~i?s. Ip+l r~xewe+lativ~s, ava~swn ~nd asipra. Mr~by jointly ~nd swM~llp ~o+nn~nt ~nd pne ~o ~+d witb th~ aid MORTGAGEE. Ns wcu»on and ~uipna: 1. To p+Y dl and skgulw th~ prMrcipal and ima~st and th~ variovs ~nd ~y sum~ of momr WY+blt bp vktw of said pomiway noN, and M~is mott~ap~. ~ and way. P~anPtlp on tM dari raPeetiwhr th~ saem ~ewrally b~tam dw. 4. To pay ~fl ~nd ~irpvlar the t~:~s, auaun~nb. Iwi~s. liabi~itie~, oblipatioe~t snd ~ncumbr~nas of ewry naha~ and ktnd now on s~W d~rvlbd ~ propnty, o? that Mreaft~r may be impowd, wffa~A, p1~ad. Iwi~d, a~wsMd tl~enon, w that Mnaf~ enap b~ kri~d a w~wd vpa~ N~M Maq~ apt, a th~ G+d~budnea~ s~cvr~d i+~~by. e~ch a~d w~ry, wMn dw ~ p~Yabb, aa~ordinp b iaw, btfa~ tlry b~cans ddYpwM, ~nd b~for~ ~nY MMaat ~ an~cFws ot a+ryr ptndty n incurred; ANO IKSOF/1R AS ANY THEREOf tS OF RKORD THE SAME SHAII dE ?ROl1APTlY SATISFIED At~ OISC1lAR(iED OF RKORO ANG THE ORIGINAI OfFICtAI OOCUMENT (SUCH AS, fOR INSTANCE, TNE tAX RKEIP? OR tHE SATISfACTION ?/1?ER OFfK1ALtY EI~ORSEO ~ ~ ...c u..,ne i.c e.~n ..nn~~~r_ce untuuu Tcru n~rS NEYi ~FTEf CAVMENT: and in ftr rr~tM fhat a/w fM/e04 h n01