HomeMy WebLinkAbout0718 menis as Ioitows: 5---- - w+ the --~.d+y of 19_ a I~ke sum oe the cwrespond~np of each mo++th therr
a(~tr unfil tAs whol~ b~ lutly paid. /
E~th installment firtt shalt b~ appli paymcnt ths intereu and thc ~M unpaid balance of fhe prinypf~sum. If default is msde M 1M
F~aymenl of a~y irtstallment whe~ due. iuch defs cw~ti~ues 30 days. 1 at th~ opt'v~n of the holder. and)nrilfiout any othet not~ce. ~II tFw remainirp
~nsrallmems shall be due and payabk ~1 once. Pri e9e is given lo p~e is not~ In whole or in p+rt at ~ime without penatty. Neither iwebNnnt~.
no? ~tuptance by the ho1dN Ihereof after an fault in anY paYm • he~eon. shall be de~med ~at ~ A late paymem chuy~ ot = ~F~all b~
added to ~ach int~ailment ?~ning unpa' days after its d ~te, and a I~t~ sum sM~l be a to each such i~st~llrn~nt re~yi~iip v~pa~d 7 daYs aker
each wcceediny psYment~afe. ~
E~ch maker, sunty and endo r hereof, jointty srveralty, waivcs demard,~efentment p~otest +nd notice ote+~ tot r+or+P+Y^a^~. ~^d funht~
agrees to any e:fernan of rime o yment, either bef e a nftcr maturity, without not;ce to ~ny of ua; and to y all costi of tofkctiw~, lncludi+p a
reasonable attprney's fee in the ++ent oi any deiautt hereunde~, and hereby sevcr~Hy waives all benefit of homestead and exemption undet th! corotihdi0tf
and laws of exh Stare of the Un:~ed Stares, as ag~~nst this obl~ya~an a any extension w renewal hereof.
Wit~ess the F~arn! and seal of each party. ~
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NOW, iHEREFORE, 1hs MORTGAGOR ior the purpose of aecvrirg payment of said su~n of = 6~~0•~ ~nd tM performance of th~
covenams and aQre~menb hcreinafeer exp~essed, and fw d~~en yood a~+d valwbls cons~deratio~s, by thes~ preie++ri, do~s p~~n~, bary+in, t~~~. ~an~se.
release, tonvey and confirm una the MORTGAGEE, irs successor• ~nd aui9ns, •II that certain lot, piete w pucel of lu~d, titu~t~, lyiny, and b~inp in tM
County of S,trT~•^io and Sute of flaid~, described ~s follaws:
Lot 18 of COASTAL COVE UNIT k 1, as per plat thereof on file in Plat Book 10, at page 71,
of the public records of St. Incie Countq, Florida. -
By agreement of Mortgagor and Mortgagee on file with Hortgagee,
the rrithin mortgage secures not o~l.y an existing indebtedness,
but also ADVANCES to be HEREAFTER nrade by Nortgagee to ~brtgagor
~ the aggregate of Which ~rill equal the principal a~wnt specitied
in the promissory note secured hereby.
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; ~r ~ STAT E ~ ~ ( ~ R6:CIVED i -0 ~ IN PAYMENT OF TAXEi
; r= DOCtiMENTARY,~==~= ST~M.P T~> ~ ptt Ox C~ 's •c' INTAk6BtE PiRSONAL P110PER1Y.
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°c.-~ `v UEPT_ UF RfllfNilF'`;= 's_=' ~ p~,RSpRKf T.: R.'.PT~i 71-.~1. ACTS OF 1~71.
a~ :cOGEA PCITRAS '(r~~
_ = ~K£~5.~6c= ~ o o o ~
{ o ; 02 A_ I a'~ U~ j_;.L'~T, ST. LY.:IL CO.r ft~:
~ ropethtr with all and iinyular the tenem~nn, hered~tame~n and appurtances thereunto btlaginp a in ~nywat ~ppe~tai~irg thatto, and s0 rtnb, issun,
i proceedi and prof~u xuuing and to scuue from iaid premisss, all of which are included in the above and for~oinp d~scription ~nd habendum.
~ TO HAVE AND TO HOID the above deur7bed and gr~nted pranises uMO rh~ said NWRTGAGEE, i» su~wswrs ~+d ~ssip~s forwa. Md th~ wld
MORTGA R iw ~Z--- heirt. •xecutors, admini~tra~ors and assiym, h~rtby tovenanb with th~ taid MORTGAGEE, iri wouswn ~nd Nsiprr.
~ that ~'--~~-a~ lawfufly se7:ed of tM iaid premisn in fee simplr, tMt tf~t ~ ar~ frN, clea~ ~nd diKhar9ed hom ~II li~m and «+cw~
' brances in I~w or in eqvity. ~nd th~t t~Ywill ~~d their hei~s shall wWrant ad defsnd the titl~ to tM same to thr wid
i lMORTGAGEE, iri successws a~d suigro, faever a9ainst tF~e lawful cbims and dcmands of dl persoru:
~ PROVIOEO. ALWAYS that if tF~s MORTGAGOR sh+Il p~y unto the NIORTGACsEE th~ promisso?y not~ hertinb~fon dtwibad and sFwll tt~lY, promptlr
E ~nd fu1Fy pe~fwm, d~xhary~, e:ecute, complett, comp~Y with and abide by each and every the stiputatiaa, spraemenn, conditiom ~nd covenams of s~id
~ prom;uwy nor~ and of thn Mors9ape, then this Maty+y~ and the &ate hereby ue~ted sh+ll ceaw and M rwlt and void.
~ (T IS UNOERSTOOD iFwt the word "Mortyapor" whether in the s~~pula? p plw~l a?ywhe~t in lhis AAwtyap~, sh+ll be sirgula if orn only ~nd ~n
~ shall bt plur~l jointly ~nd ~everally if ma~ than one. ~nd thst the wad "the'a" st used anywhsr~ in this Mwtpap~ ahall b~ t~k~n to me~n "his:• "Mn,••
w"in." wherever the conte~ct so implies a sdmits. Alw, tMr whereve~ ther~ is s r~ference in tlr cowoann N+d a~~em~nts herein aontairwd ro~ny of iQ
,i the putie~ hereto, tM same ~hall be construed to mean as well as the hein, kysl rep~esent~tives, sutceswn and astipm (eitha whxnary by act of N» ~r,
'i parties w i~volvnt~ry by operation of the law) of the same and that the cwen~nri hersin contained shsll bind and tFK ben~fi» and ~dv~nt~pp Mw~ i
! to th~ resp~ctiw hein. Ipal representatives. ~ucuston and ~u°~ru of the putiet hereto.
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~ Ard said ifAonypors. (w themselves and thein c~irs, le9sl representativa, wcuuws and ~uipro. I+trtby jointly and wvetslly coven~nt and apr~
~ to and with the ~a~d MORTGAGEE, its iuccessws ~nd usiyns: ~
e t. To pay all and sinpulp tM pri~eip~l and interest and tl+~ v~riovs and sundry sums of mon~y paY+bb bY virtw of s~id promiswry ~ot~, and thi~
3 rrwrtp~. ~ach ~nd evtry. promptly o~ tM days respectively ti» same severally becane dw.
~ 2. To p+y all and sinpulu the taxes. ~s~essm~nn. Isv;es. liabilities, oblp~tioro and eecumb~~ncss of w~rY Mtw~ +^d kkd ^o~' a^ NW d~s~~d ~
~ property. a tMt ha~aftM may b~ impwed, wf(e?ed, pl~ced, levied, or as~eued tl,ereon. w tMt Iw~~f~N may b~ Iwied a uwu~d upon thb Morq~ ~
ap~, or tM ind~Wedntu secvred hereby, t~ch ~~d ~vay, wMn dut ~nd payabl~. xcadirg b law, b~for~ tMy b~cortw dtlinqwm, ~rd b~fon ury/ Intaal
~ attaches p any penslty is i~turred; AND INSOfAR AS ANY THEREOF IS OF RKOR~ TME SAME SHAIt dE PROMPTIY SATISFIEO AND DISCHARGED Of
a REtORD AND TME ORIGINAL OFFlCIAt DOCUAl1ENT (SUCH AS, fOR INSTANCE, THE TAX RECEIVT OR THE SAiISFACTION PAPER OFFICIAILY ENOORSEO
g OR CERTIFIED) SNAII SE PIAtED IN THE HANDS OF SAIO MORIGAGEE WIiH!N TEN ~AYS NEXT AF1ER PAYMENT; and in tl» lvent that any th~twf is not
~ p~id, sat"sfied and discharged ss'd MORTG/1GEE m~y at sny t~me p~y ths ~am~ w~ny p~rt tF+ereoi without waivirg w affMinp any option, lien, puih or
~ •~qht unde~ w by virtue of this ~r.o.rg~ye and the fult amoum of each and every wch payment tl+all be immed~~tely due ~nd payabl~ ~nd shtll be~r iMerest
~rom ~he d~~e_the.eo~ un~~I pa;d ~r re~e of n~rw per cenrum per •nnum ~nd ~oye~he~ w~~h suc?~ imeres+ shall be secured by the I~en of ~h'~ morqtp~.