HomeMy WebLinkAbout0297 ~
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•>>s es {ol'o~s: S _ on ~hc _ dar o~ , t~ _ nd a 6Ye sum on ~he orreaporzd:ng day of eich onth there-
e~•rr unfd ~iic v.h.:.t Lt ~iiy Na~tl.
Fach .~~z,e'L•~~r:' l~.tr sGa~; ce e~:p ~r ~n ue~~~ <nt ;,f t>•e ~ r~est a~•d ~~~an cn tne unpa.d bafan~e of th p~~nc'pal sum. Ii default s mad! in the
ra~ 01 eny ~~u ~rnr r.i,;., ~,r: ,f ~ a~-'.~~~:~ c.;::•~• :.r 30 de~~. thrn a~ fhe ,:n of the ho:der, a withovr eny other ratKe. II the remaining
:•a,~~nen~s ahe~i d„r o•:d pa~at~'o at r.cr `G• .:'c3r » yd~r to prepay th~s rv~te in hole or in pa~t a? t~me without penalty. her iweb?,ar~nce,
ecceprar~e •*hr ho'der rt:~•,~-;,1 !r. any d..f~,,;• a~:~ av~'+°^•+ harron. shati deemed e,!eaa~on. A lare payment ci~srge ot shall be -
: i~ d to e. c ~ns~e;im~•m re~r.a~n,r. n~;a.d 7 days af~er rtt .e dete, ~nd a i~?e s~ aFail be added to e h such instahment remairi unpaid days ~'ter
rscf~ ibtcf n9 ~dymertf j3!e.
Ee rnaker. surety ar~d ,donrr her~ot, pn;r.r,y ~ sr+era7ly, wa~ves dem nd, p~esenrm~nt pro st and notite of p~otest f nonp~ymeM, snd ~urtF:tr
egreef t any rxf<ns,on of n~. of poy~-~en1, ~ ir_'or or dh.r ma~unry, w~~i.o t not,ce to any oi us; a.+d eo pay all eost of eolitction, ir,tlud:rq •
• etc ie J~iJIf~C~ ! t~e e e.enf oi ..ny dr~.,~:~ ;~r~.~dr., a~,d her~b~ se +e~~y wa~ves a'•i be f~t oi homrs~ead and ewe pt~on ur.Jsr the emstitu~ion
+ d' ws ol eech Sr;•~ e! ~e J~~:!c~d Si::tes, as ayo:^s ~h~s oo'~ga!.cn or any e ens~on or ~ene+.al ~~t.
Yiunzss the hjnd and aeai of each &e.ty,
(SEAI)
(SEAL)
(SEAI)
(SEAt)
- State Re'.enue
,S!amps uncel:ed pn oc~~inal note)
fvO~N, iNi~EFORE. !he MORTGAGOR fw ~ne p:~~acsc of SKJ~i~ piq/hMi pI sa~d sum of = 29~2~•~ , a~d tM perfwm~nce of th~ -
:ove~ar.!~ and ~yrflr:Ent3 h~~e.~airer exFre?sed. end for d~.ers g~od and wlwb!e co~s~cer~t,p~, by thea~ presents, doe: grint, baryain, sell, rem~se,
•r?eese, canrey ard conf~rm vn~o ~Ae MOii:.AGEF, -es wcceu:.-s and ass,gns, ~il that certain iot, piece ot parte~ of lind, situat~, Iylrg, ~nd beinp in the -
I Ccunty of __St• I±uCl@ _ and Srate of Fbrida, desuibed ss ~otbwt:
~ Apart~ent No.
~ 522, OCEAtd VILLAS I, a Condoeai:iium sccording to he Declaration of Condo~*.inium
tnereof recorded in Official Reco:~ds Baok 259, aages 2791 tr.rou€n 2856 of the nublic records
~ of St. Zucie County, Florida.
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~U3.TDCT to the Lenns, covenanLs, agreements, o~ligations and provisions o£ said Declaration
~f Condominitun Which ?~ortgagor in all Lhings does covenant to :~ortgagee faithfully to ob-
, .:erve and ~erfor~.
3~~ agree^~enL of A4ortgagor and :{ortgagee on file ~rit.,h :~ortga~ee, the r~rithin mortgage secures
~ ~ot only an exi.stin~ indebLe3ness, buL also AD~AidCES to be u.E.REAFT~ :~,ade by N_ortgagee to
~ "ortga€or the a~~regate of which sr_17 e~-:a1 the principa? anio~ant specified in the pror?is-
i ~ory note secure~ h~reb~.
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~ r,'' !rM E i~:' 1; R r~~~ f j:~~ !'l.i;- RE~ElVEU D IN PAYMEIR Of TAXfS
j ~ ~ - y~ ? f~L~ ~ I 0'.~ Q'• CtASS 'C' 1!iTA.YG181 E Pf ~~!iAl PROPERTY~
' - o = - Pt1~f:_., ~J GiA? ~ ?:-t3d. I4~tS Of 19/1. ~ ~
; : _ =a..... • 43.$0t o~1
~a - ~e. - ~ } ac~~:k ~o~rw~e
_ . - _ ClERX C1RCt11i OOURT. SL UICIE 00,
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•oge}her w~vh atl and singular the rencmenrs, hered~ramcma snd sppurtances thereunto belongtrg p in anywise appertaini~g tfie~eto, ~nd all renfs, iuues,
f r.~oceeds snd prof~n accru~rg and ~o accr~e from said p~em~ses, sR of which ue :ncluded in ti~e above and fdeganp deacription and h~bendum.
f TO HAVE AND TO NOtD tF.e a?~ove desc~~bed and granted prcm~ses unto tF:e s~id MORTGAGEE, iri succetsors snd sssipns fwevsr. Md 1F» Nid
i their
':.~RTGA OR for heirs. e,~ec~lps, adT~n,srratus and assgm, he~rby coven~nb wifh the said 1NORTGAGEE, iri sucteaw~s ~nd NtipM,
~ rha! -e'~ ~e ta«fvliy se~:ed of ~he sa~d prem.aes ~n fee simple; tMt the same a~~ free. ckar ~nd d~xhar9ed fran dl liens and ~
bra~ces in law a in cquity, snd ~Mt the~_ their hein s?u11 wa~rant and defend tM titls to tF~e um~ to the said
'r.ORTGAGEE, ~rs successors uxl ass~gns, forever against ~F+e lanfuf ctsims and dem~nds of •11 persons;
PROVIDED, AtYJAYS ~ha+ ;f thc NSORTGAGOR shalt pay v~to the MORTGAGEE the promissory ~ote her~~nbefo~~ dewibed ~nd sh~ll truly, promptly
~-d ful~y aerform, d~scherge, esccute, tomplete. cd++pl~ wnh and ab~de by esch and every the st~pulations, ayreements, conditions u~d covenanh of said
~.rom:ssay no~e and of rh:s Moriqa~e, rhen +n~s N.o~fgage and rhe Esra+e hereby created s??~II ceas~ and be ~wr11 and wid. bQ
IT IS Ui~iDERSTOOp th~s the word "Morrga~a" whether in the a~~+quiar or plural ~nywhere in thit Mortgsge, shall be sinpular if one only and
enalt be pl~ral ;o~ndy and ~everalty if mo~e f?s:n one. and ~hat the wad "fhe;r" as used anywhere in thK /Nortgaye thall be uken to me~n "his:• •.hers;' ~
u~ ' iti." v~herever the mn:.at so :mpl;es o~ adm~~s. AIw, that wherever there :s s reference in the covenanri +nd ~greements hertin tontained to any af
rhe parr~es herNO, ~he aame shait be const.ucd to mean as wel{ at the F.e~», kgat representatives, succeswr~ and usiy~ (either voluM~ry by act of tM
pa:~~es or inroiunrary by ope~a~~on of the {aw) oi ttu same ar,d tha~ the cove:+anrs herein contained shall bind ard the benefiq and adwntayp inu?~
~o the respective he~rs, ieg~l represeroatFves, successors aod asr9ns of th~ part~es hereto.
And said Mortgsgors. ~o+ tnemseives and ~he~r hehs, lcgai reo•eunur~ves, strcceuws and augr», hereby jantly and sever~lly coven~nt and ayr~e
ro end w~th the uid MORTGAGEE, ~ts succeswrs a~d assgm:
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1_ To pay al1 and s~.~gular nc~ pr~nupal and interest and the ver,ous and sundry sums of money payabte by virtue of said promissory note, and this
T~ortgage, each and every, prompfiy on rhe days respecr~vely the same se~erally become due. ~
2. To pay al~ a~d s~nqular the t~,c+s, assessmentt, levies, fiabi~;r~es, ob~+g~tqns and encumbrances of svery narwe~ snd kind now on ~aid deurib~d ~
o~operty, or that hereairer mey be ~mposed, suft~.~, plxcd, levied, or assessed ther~on, p that hereatter msy bt kvied a usessed upon this Mort¢
ege, u the indebted~ess sec~red he.eby, exh anA every, when due and payable, xcwd~ng ro law, before tAey become delirpuent, a~d btfw~ ~ny in1HHt
.,+r.ches a sny pena?ry ;s incur.ed; ANO I~:SC?FAR AS A~JY iHEREOF IS Of RECORO TNE SAME SHAII 6E PROMPTIY SAi15F1ED AND DI$~HARGED OF
4E!ORD AND THE ORiG:NAI OfFiCIAI OOC:J~h~7:T :SUCN AS, FOR INitAN~E. THf ?AX RECE~Pi OR TNE .SATISfACiION PAPER OffICIAIIY ENOORSEO
~~`R CERiIFIED) SHAII BE PtACED tN THF HA!vDS Of SA~O MORTGAGEE YkITNIN TEN OAYS NEXi AFiER PAYMENT; and in the erent thaf any ther~of is not
: a;d, sar a(~ed and d~scharged sa d 1.~.OP.iGAGEE .*~ay s? a~~ t~me pay rhe same or any part thereot withovt wsiving w affKriny ~ny option, lien, equity p
•~~h~ ~nder or by •.~rfue of ih:s ^:o•!yage a~d ~he f„li aTcvnf o+ each and e.c+y such pay~r~nt yh~ti be ~rnmedufely d~e and pay~ble and shi~l be~r inte~est
~.o+.~ rhe darr rt,ereo/ ~,nn± pa d a+ •e+e ct r.ne oer cenr„m prr sr.,~rr and reg.eher ,~,.th se.ch ~nrerest sMli be uc~red by tht lien o( 1h s mayN~e-
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