HomeMy WebLinkAbout0411 FOI[I PIERC~ al toft PiNt~. f10na~. Wrt1 Of i W~tfl ~Ot ~n~ u~w~~ wm ttw ~~~t tn n~.+ .•~•..••y . -
m«+n .s followu on th~ day of 1 u~d ~ lik~ ~um on th~ ca~~~pa+d~np d~y of ~ momh thKr .
•fNr unUl ~Fr wlal~ b~ ivily p~' . _
Each kat~llmMt fint b~ applied 1n payment of th~ intK~st ~nd t on tM w~pald b~lanc~ of tM p~indpal wm. If d~f ts md~ tn ~M
paymMt of sny inttdlm~nt dw, an~svch d~i~uit continuet 30 dayt~, t at tM option of th~ hold~r. ~nd witho~t any WM~ , aU th~ nnyM~inp
irotalMnN+b shall b~ dw p~yabl~ st arc~. Privilq~ is ~ivsn ro pr~paY noN in wFab or M pa~t at ~ny tk~w witi~ow p~+wlty. itF~ fonb~~na,
nw ~oaptana by tM thtrwf aftar any d~fa~lt in anY p+yrnK?b shdl b~ dNm~d ~xt~nsion. A I~q p~yen~nt ~iwU b~
~dded ro~ad+ imtai nmaininp w~paid 7 dayi afta bs dw d~t~. • 1'k~ wm shall b~ sdd~d a ~ach wch k+a~dle~ ~ w~paid 7 d~ys Jt~
~+d~ wcc~dinp pa t d+». _
E~eh mak~r. ~ty and ~ndors~r ha~of, jointly and swsrally, aiws d~ew~d. p~a~ntm~e~t prot~st ~nd ~otiey of prot fw e~a~P+YmaM, wd fwtlwr
p?Na w any ~~ci of tirtN of payrn~M. ~ithN b~fon a~ftar ity. M?itl~oW eatia ~o a~y of ~s; ~nd to pay ~II of eoll~etion. M~dud~mp ~
nasonsbb ~ 's ft~ in tM ~wnt of any dsf~vh her~der. Mr~by aev~r~ily w~ivN all b~n~fit of honMSHad x~mp~ion undK N» oowtHvlbn
and I~w~ of • SqM oi ~Fr Unit~d 51~tp, u painst this obl' or ~ny eatwuion w nntwal M?wf.
w tM Mnd and wal of e~ch puty. ~
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REW
~ REU1
St~N Rwww~ •
ts unaN.a oe «qW,.~ na.) - - - 19 , 900 . 00 ~ . ' ~
MO'w. THERi~OrtE. tM MOrtiW?GOR for M» Pwpw~ of s~cu?i^0 Wym«~t of.aid wm of ~ .«~d th~ p~fot~nano~ of tIM
cownants ~nd ~~ts F»r~inafi~r ~xpnss~d~ ~nd far d'iwrs ~ooJ ~nd valusbb sai~idMatiorr„ by tl~ pnswn~„ do~s ~a~t. barpain. wl4 nmiM,
rd~as~. com~Y _and confirm wno th~ MORTCsAGEE, its wcc~uo~s ~nd ~ttipnt; aq that art~ lot, pia~ or Pvul W bnd, sih+~. f1?inD. M+d b~Nip N tM
St . Lucie ,na s+,a af Fw~ia,, dac.,b.a tollows:
The South 25 feet of Lot 31 and -all of lot 32 , B3ock 55, San I,ucie Plaza~ ~
Unit 1, as-recorded in Plat book 5, Page 57, of the public records of
St. Lucfe County, Florida. •
By agreement of Mortgagor and Mortgagee on file with the Mortgagee, ~e
within mortyage secures not only an existing indebtedness, but also .
ADVANCSS to be HBRBARTSR made by Mortgagee to Mortgagor, the aggregate
of which rrill equal the principal amount specified in the promissory note
secured hereby.
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~ ~ ~ STA~TE ~F FL..t,~:F~tC1A ~
! p oQCU~N~a~Y,~ :tistannQ -~A~:1
~ ~y ° _o~t~,of ~r~~ . ~ ~ _
~ _ PA " JAM •5'7T ~ . , ~ ~ ~ B ~ i _ ,~U 1il P~•~~ GfpRIDPE~
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~ _ ~~~oi ~ ~.~,,,~g s ~ P~`~~ ~~1.^~{1 ~
. . . . . . . . - . . . . . . . . . . . . . . : ~`~0N CV'u ~p'(:R '11: 2~~..J?S Y " ~
. . . . _ ~ . ~ ~ ~y~~ •~Q~ ~o~ ~ ao.. 3
_ a..~u? .
wo.N,.. ,with ,n .na sk~p~,~.. tl~. r.~.~+.~a. h...~i?a~m~ .~a .opu.+.~o.. +n~r.w+w b~lonpino a In .ny~?b. .oo.K,i~,o tlw..w. .~e .n ..~a, hw...
prooNds ~nd profib aouuY+p and to acuw fran s~id pr~. ~II of whid~ an inchidad In tl~ abov~ and fapoiip d~wiptlon and IMba~duin.
TO HAVE A[rD TO HOID tlw abow daaib~d and ~ranNd pnwws~s uMO th~ a~W MORTCsAGEE, ib woc~swrs and ~s~lpns tottwr. And th~ wtd
~T ~ t 1 S~~ Min. ~x~cuto?s, admini~tr~ara and assipro, hareby oovNw~n whh tM s~id MORTGAGEE, ks wooa~on ~nd aaiD%,
tlut I~wfuliy seiz~d of th~ Mid prani~ss in fN simpbt d~+?_t!y ~~en~ an frNi eMx and d'nehwp~d fran dl liwis and ~nain?
branas in taw a in ~quily, and thrt~- wiil and i t S~ Irin ~h~fl watwro and d~f~nd tM titb b tM wn~ b M~t Wd,
MORTGAGEE, its woaaan and asiyro, farvw ap~M~t th~ lawful dainr and dKn~r~ d dl p~rsorw
PROVID~. AtWAYS tlwt N tIN MORTGAGOR shall pay unto 1he MORTWIGEE th~ promh~ar not~ hK~inbefan dewib~d and ~11 1rdS?. pompol? •
«~d fvU~r P~riwmi, d'achKp~, ex~M, eompbt~, eomplY wHh and abide b~r e~ch ~nd ~vwr th~ stipubtions. +Yr~e~t~, oondilions M+d eor+~wMS of a~W
promiaory not~ ~nd of 1h4 Mwtp~, th~n tlRs Mortpap~ and th~ Est~h hK~b~r awt~d sh~ll o~aw ~nd b~ rwli ~nd void. ~
IT IS UPIDERSTO00 Md th~ word "M~ort~i~w' wMNwr in th~ sinpul~r w phxat anywl~~ in tWs Mo.t~ap~. ~q b~ ~iipular ff a+~ ady aad ~
sh~ll b~ plwd pYUip and kwraily if mo~r~ th~n one. ~nd tMt the wad 'hlwir" a uNd ~nywh~w in tlds Mwq+~ sMll b~ tak~n to ms~ "F~,• ••!~R« ~i
w"ib." wMrww tir ao~a~at so impliw or ~dmits. AMo, th~t wh~rw~a then b ~ hhr~na in tM oov~ and apr~ Mnin aoeMairwd b~n~r d
th~ prtfN Mr~to,, th~ wn~ ~hall b~ cantrwd b m~an s~ vwll as th~ h~in. MYd npr~wnqtiww, waMwrs ~nd aaipir (ei~hM volum~ey b~? act of tIN ~
PutMs « Mw'oMrM+dY M~~tion of th~ law) of th~ sarn~ and Nat th~ ao+nMnn Mrein caaaimd shdl bind and th~ b~fits ~nd ~dvanta~ Mur~
to tM n~p~diw h~irb Mpd npnwm~tivM~. woaswn ~nd ata~ro of 1M ptrtiN INrN0.
y
Md said Martq~por~, for tlwrroaivp and tiwir lwirs, lepd npr~ntativp„ woa~wn ~nd aasiDm. he~~bf? IdM~Y and t~wnpy cov~nwM ~nd apne e~
w~nd vrNh tlw ~id 11110RTC/?GEE, ia ~uonssas and auipna:
1. To p~y aq and ~inpular fi~ princip~i ~nd Mt~rea ad fM vario~ra and wodry wms d momy p~yaW~ by virtw of ~aid panis~ory eoa. ~nd thi~ ~
nwrqaPq wtb ~nd w~ry. P?~P~h ~~~Ys r~etiwh? tM ~am~ s~wr~r b~ton» dw.
To pn? aN ~nd ~kqular th~ ti~us. ~s~nwnri. Irvie~. Ii+Wliti~s, oblipatfona and ~anas of ~wry ~awr~ and kind now on ~aid dMaW~d O
prop~rty or thM Mr~afNr may b~ i~apowd, wffN~d. P~+ad. Itvid, a aw~d tha~on, a th~t MrwfMr ena~r b~ kvi~d w MsNwd upa~ thN Mort~
p~, a tM ind~bpdnas aa+nd Iwnb~r. Neh and w~ry, wh~n eiw and p~Y~bl~. +oeadinD b bw, b~fon Nr~r bsean~ d~tinqw~. ~nd b~for~ ~ny NNrMt
m~s a+nY P~^~hp is InaKred: Ml~ INSOfAR AS ANY THEREOF IS Of RKORO THE SAJIAE SHAII SE PROINPTLY SATi5F1E0 ANO ~ISCMARG~ OF
RECORD AHp THE ORIGINAL OFfIC1Al DOCWNENT (StlCH AS. FOR INSTANCE, THE TAX RECEI~OR TNE SATISFAGt10N ?APER OffKIALIY E!lOOitSED
OR CERTIiIED) SHALL dE rl/1CED IN 1t1E HANDS OF SAID MORTGAGEE VYITHIN 1EN DAYS NEXT ER PAYMEN?j and in th~ rwM tlMt any 1ha~of 1~ not
piid, sataMd and dadwrprd s~id AIIORTGAGEE nuy at any t~ pay tM w~r a my pWt tl~~of withan wsivpq w~ffectinp ~ny option, (i~q, puit~? a
•qM undn w by vi~tw of thi~ rnortp~ ~rd th~ full amount of e~ch a~+d ewry wch paym~nt tMil b~ inm~fiiat~ly dw and pnraW~ and ~MII bw N~t~nq
kan ~he daq tha~of until p~id at ~~M of nint p~r untum pa anrwm a+d top~tMr wHh wcb intKat ahall b~ s~cw~d by tM li~n of thi morptap~.
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