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F T PIERCE d fort ~eue. ibrida, the su oi with in?er~st om dat~ at the ntt of p~r aenum, in mo~+1h insbll-
rs aa fol!ows: i ~ on ths d~y of 19 a like sum on ths cares inp day of exh mont thert- ,
aEt unti! tF?e wiwte (u41y paid.
E~ch insrollmen~ ( af aMlt be appt~ed- p~yment of ehe inse~ t ~nd tF+en on the v~pa bsfa~ of tM prir+cips) if default h mad~ tM
pay e~t o} any installme t wF~en dus. and defa~lt co~t~nuef 30 ys, fhen at the oplir? o ths holde~. and without eny o ~ notice, all the ~ ~~+p
insta mcma shaf{ be d~a pay~bts s~ once. Priviteg~ is g~ven to p. y this oors in whol~ in pKt ~t ~~y Yune withouf lty. Neither forebear ,
no~ a epta~e by eRe hot ~l+e:eot atter ~ny e~.~tt in snY paYmcnfs reon.aha{I b~ deemeJ xreniwn. A ta~e paymeN cM of f shaU
added to each ~nsu~~mem r m~in~np unpa~d 7 yf afrer ita due d+le, ~ • I~ke sum ~hall bs ed M e+ch such insbUment r i~inp unpaid 7 days ~ft
eath s teedirg paymeni d te. "
maker, wrety s endaser hereof, ''ntly and ~svc~atly, wai s dem~nd, p~e~entment otest and notice of protest iw psyment, and f~rthtr
~ sgree~ any extension of of paymem, e~ther fore o* aNc~ maturity, itFwot not~ct fo any vi; and to pay all cosb o coilection, iRCludirq ~
reseonsb atrwncy's fee in t event of any defe It hereunde~, end her~ severa~ly waives all be fit o( homeite+d snd exempt' vndtr tM tonilitution
and Iaws f each Smre of fM nited States, as aga ~t this obl~gation ot an ea~ensae? w cenewa{ rwf. s
W; ss ~he hand and I of each parry. ;
(SEAU ;
tSE~U ;
- ISE~?U ~
_ (SE~?U $
i ---~a - 1 c•,•.
ng paymem of ssid sum of s and the p~.formance of th~
NOiN, THEREFORE, the MORTGAGOR fo? 1M purposs of securi 27 `9O~' ~ ~
covenants and a9reemenh hereina(tc~ exp~ess-d, and f« dive+s good ~nd vafusbts tonsiderstiom, by thes~ presenb, does ~ant, b~ryain, sell, remise, f
re;ease, convty and confirm ~nto the MORTGAGEE, its iuc!eiwrs ~nd auiyni, •II tha? cert~in Iw, pi~w or pucel of land, situ~te, lyinp, u~d beinQ in th~
County of St . 1.1~C le ~nd St~te of Fbrida, dewibed as iollowi: ~
Aparto~ent No. 212, OCEAN VILLAS I, a Condominium accoYding
to the Declaration of Condominium thereof recorded in O.R. ~
Book 259~ pages 2791 through 2856 of the Public Recozds of
St. Lucie County, Florida.
SUBJECT to the terms, covenants, agreements, obligations
and provisions of said Declaration of CondoWinium which
Mortgagor in all things does covenant ~o Mortgagee faith-
fully to observe and perform.
By agreement of Mortgagor and Mortgagee on file with
Mortgagee, the Mithin taortgage secures not only an
existing indebtedness, but also ADVANCES to be t~RE-
AF?6R aade by Mottgagee to Mortgagor the aggreyate of
f which will equal the principal anount specified in the -
~ proa~issosy note secuzed hercby.
~ ~p : S 5•& v IN PAYItE1R Of TAXES _
~ CUE ON CL SS 'C' INTAN6~8lE PFASONiI PItO?ERTY, _
FUpS+IAN• TO GNAPTE+ ii- RvTS OF 1971.
` R36fA POIi..AS j
~ Q~: Ct~pK q....U.? COURT. iT. WGE ~
3
~ ~ rssqerh~r witb a~l snd airgular rfie tenementa, hereditamen» and appurbnces the~wnto bela~ya+p a ln anywiw sppNtsiniep tFierNO, and s{{ rtnb, isiuea,
~roceeds ~nd profib ~ccruing and to accrve irom said premiaes, all of wtNd~ ue includ~d in tM ~bov~ and foraQoinp descriptFon and h+b~ndwn•
f TO HI?VE AND TO HOID the +bw~ desc?ibed +^d 9~+^ted p~em~ies unto the said MORTGAGEE, its wcceswn a~d auipns forev~r. Md th~ said
j ~"~AORTGAGOR for the iY____ Q7~~uton, ~dm~nistrators ~nd ss~igm, hereby cownanri with tF» uid MORTGAGEE, its s~xceswn and ~ss~0as.
fhst the~--- ~„~,s„u„ se~zed of ?lu sa~d prem~sss in fee ~~mple: tkat the s+rrN ar~ ir~e, cleu a++d diach~rp~d From dl liens and ~ncwi?
brancbs in 4w w in eqvity, ~ed thst they wi1{ arid the i~c hein shafl warraM and dsfend ~he titl~ to tM ~arr» to tM wW
° MORTGAGEE, its successors s~d +ssipru, fu~ver ag~in~t the lawful claimi and demands of all persant
~n PROVIDED, ALWAYS th~t if the MORTGAGOR sh+tl pay unto the 1NOR1CsAGEE the promis~ory ~ot~ here'mbefa~ des~iib~d and ah~ll truly, p?omptly
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~ ~jnd iuNy perfam, di~d~srgs, execvte, compl~t~, comply with and abide by each snd wery the stipulatiau, ayrtemenn, conditions and tovenanb of wid
~ 1~ramissory note and of this Mort~s~e, then this 1Kortyay~ a~d the Esute ha~by veated sMll ceat~ ud be ~vll uid void-
j IT IS UNDfRSTOOD ttNt the word "Mortga~or" whetMer i~ the sin~ular or plwd ~nywl+en in this Mwt~ape, shall bt airgvlu if on~ only and
; sh~li b~ plurd "piMly and s~ve~ally if mor~ tMn on~, and that the wwd °the'a" ~i used ~nywMr~ in th+s Mwtpa~ shall be aken ro m~an "his,• htn;•
~ w°its:' wherever ~tw contexr w impfies or admi~i. Alw. tMt whaeva ~he~~ is a refs~s~cs in tFw cov~~ae+ts a:+d asr~emants herein cont~irnd to ~ny of
~he p+rties her~so, tlr s+m~ ahali be construed ro mean as well as ths heirs. ley~l rsprsunt~tivei, tuaaeswn ud astipra (eitl~ voiunt~ry by acf of th~
partiea or i~voluntary by op~r+tion o1 the law) of the s~.ne snd thst the cov~nann her~in contaioed ~F~+11 bind ~rd the bsn~fits ~nd ~dvanbg~a irwn ~
to th~ rtspsctiw hein, kysl representatives, succesaws and au'pns of tA~ p+rti~s hsrdo. _
' Md said Mongayon, fw thcroselvd and. ~heir he~n, le9al rep.eumariva, svcceuws ~nd suipes, hneby joimlr and s~veally cov~nant ar~d ~pr~e
i`~` ~~o aed witb tM s~id MORTGAGEE, its successorf +nE ~si~pM: ' -
~ 1. To pay all and urgular tlk principat snd intaest u+d th~ vsrious snd wndry sum~ of moeKy paYabb by virtw of said promi~sory note, and tha :
~ ~ mortgs~s. ~ach ued ewry. P?ompdy on tM days reapen~vely ~he ~ame s~v~raly becorrw dw.
i~` - 2. To pay ~II and sinputar th~ taxes, assessment~, levies, tiabilities, oblig~rions ~nd ~ncvo+br+ncea of wery MhH~ afld klBd now on said d~sarib~d .
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~'j p.operty, or sMt Mresft~r msy b~ impossd, wffar~d. pf~ced, fev~ed, a asseu~d ~herwn, a ti~at Mre~hN may b~ Itvied a~wswd upon t1~U Morq-
a9e, w tFw ind~Wedn~u tecured hereby, each and svery, wM.? dve aod pay~bl~, sccordirg to law, b~fore tMy becane del~t. and before any kaara~
, a~~aches O~ My PlM~tY 11 IMU/fld; ANO INSOFAR AS ANY THEREOF IS Of RKORD THf SAME SHAII 6E PROMPiIT SAYISfIED AYD OISCMARGED Of ~
' RECORD ANp TNE ORIGIhAI OFi1C1Al DOCUMENi (SUCH AS, fOR INSTANCE, THE iA% RECEIPi OR iHf SASISFACTfON PAPER OFf1C1AllY fNDORSED ~
QR CERTIFIEO) SHAII •E PIACED IN THE HANOS OF SAID MORTGAGEE.WITHIN TEN OAYS NEXT AFTER PAYAAENT; and in tM eveM thst anr thereo~ b ~W