Loading...
HomeMy WebLinkAbout0116 ' z _ + i • - ~ _ _ .v,~~~ ~~~~r~rs~ ~~um aae u in~ rue ot 7. p~r annym, m monfhly in~t~lb :,~rnlS as fol~owr i---_ o~ the d~y o/ 19-_ ~nd ~ lik~ sum on rh~ co~re~pond~np oI e~ch month tF?~r~- e~ter uNil Ihe whole be tly paid. Each initaflnx~~t irst shall b~ appiirJ in paymenf of the intere and then on 1h~ unpaid b~l~ntt o( 1F+~ pincipal If dt(auh is msd~ in tM :.,;meN of any imrat eM when dw, and s~ch de(auh cominue~ JO ?ys, then d 1M optv~n of 1M holde~, ~nd without ~n otht~ ~otice, al! t}~ ?~rtuinirq . -,sralieneM~ iha11 be ~e and p~y~bls at once. Pri~ile~t is y~ven ro ~p~y thif not~ in whol~ or in part tl~ny tim~ wit p~nalty. N~i1hN for~b~+~~nu, no* ecceptance by he hoider ~hereof ~ft~~ any def~utt in any pa nts hereon, th~ll b~ deemed ~:~ensio~. A laf~ psy nt charp~ ot s_~ sMll b~ ~ +dded ro each i tal~ment ?emaininy unpa~d 7 days ~ftat ih d da1~, ind ~ like tum sh~ll be addsd to e~cl+ wth int (tr~eH r~ininp ~npaW 7 day~ aftet eath succeedi paym.ent da~e. ~ ExA ker, suroiy and eodo.ser hereof, jo~mly ~nd ~rNly, vwrve~ demand. prese~tmeet protest ~nd ce of praest (a nonpayment, ~nd fwtMr - a ~rees to a~ eatens~o~ of nrre of paymenf, e~fhe+ be(or• a(ter reuturity, without ootic~ 10 ~ny of us; and o pay all costs of toliection, intludi~ ~ ~r.,tion~bk trorney's fee in the evenr of any defautt eunder, and he~eby severdly w~ivp ~II b~ne(it of m~sls~d ~nd ex~mption undK tFN cautitvtion .,~.d ~aws f each Staro of ~he Un~trd 5tates; aa ~gain his obtgation w~ny e,ctens~o~ a re~ewal Fror~of. dness ~he hand and seai of each party. ' ''(SEIW (SF~?l) ,j l5~?U ~ (SEAU ~ - . t _ ) NOW, THEREfORE, 1he MORTGAGOR iw tM purpose of secvriny payment of ~aid w~n of s- 32 OOO. QO ? ~nd N+~ pKFornwnc~ of tl» ; coven~nts and sgreement~ here~na(ter eap.essrd. and fa divers yood a+d valuabl~ coruideratans, by fMs~ {xesenb. do~s prant, 6ar9ain, ~ttl, remis~, r~~~euse, convey and conf~rm unto t MQRiGAGEE, ib i~ccessat •nd aaign~, ~11 that tertain lot, pi~p w p~rcel of lu~ situaM, lyir+p, and b~inp 1n tM - Co~ny of SL .~~iC1E ~ St~t~ oi Flor~, dncribd ~s fdlows: Apartment E~S, t~ ENTRAi]A [)EL fNAR, a Condominium, accoYding to the Declazation of Condominium ~ated December 30, 1972, filec~ November 6, 1973 in Official Records F3ook 220, pagQ 1747, and re-recorded vovember 9, 1973 in Official Records Book 220, page 2192, of the public records of St. Lucie County, Florida, together with all of its appurtenances according to the Declaration. Subject to the terms, covenants, agreements, obligations and provisions of said Declaration of Condo~+inium which mortgagor in all things does covenant to mortgagee faithfully to observe ancl perform. 8y agreement of Mortgagor and rloitgagee on file with Mortgagee, the within • mortgage secures not only an existing indebtedness, but also AOVANCES to be t3EREAFTER made by Mortgagee to !Nortgagor the aggregate of which will equal ~ the principal amount specified~in the pror~issory note secured hereby. ~ T AT F~ L~~-~C 1:~ A ~ IN PAYMWi ~ TAXfS c Z ~ JF7~ UM EN' UR Y,~4'.! -S 1 t: M~ T f. 3~ ~ ~ ~U1S~•'C iNTA1G~BlE P!?0?ER(r. ' q{I1rTER 71•13t. 11C~S~ 1911. ' ~ = ~e - -.~~~~~r~ 4 8. 0 0 ! To . ~ _ , y ~ ~ ~ wu~ 00. a = ~z ~ ~ 1 c~iRtt c~~ • togNher w~th •t~ and singular the tenements, heredit~menn and ~ppurt~nces thertunto bttorpin9 a ie anywise appert~ininp fMr~fo, u~d all rtnri, iawes, ;,rxeeds and prolits sccruiny and to accrw from t~id premises. •N of which W~ includ~d in tht abov~ ~r+d fapoir~ datription ~nd habar~d~m. TO HAVE AND TO HOLO the abav~ descr'~bed and 9ranted pemius unto fhs ~a3d MORTGAGEE, i» waestws ~nd usipr~ fortvN. Md tM said .M.ORiGAGOR for t hgl--~,----- i~e;rs, s~cec~~ws, admini»r~rors and ~uiqns, ha~by oov~nann with th~ said MORTGAGEE, its s~oassw~ and aiq~y, vhat ~awfvll xited of th~ uid t he a! e y pr~;~ fae simp~r tMt ti+~ ~am~ a~ fr~e, ckar and daclw~p~d irom all liern and encwir . t+ances in law w in equity, and that t hQy W~~~ t he i r ~~n shall w~rra~t ~nd d~itnd th~ titl~ to tM ~am~ fo tM s+id 'a.ORiGAGEE, its successo?s and auiym, forevd ayainst fM lawful ctaims and tkmands of sll ptnoro; PROVIDED, AlWAYS rhaf if ~Fw MpRTGAGOR shsll pay unro tl+e AAORTGAGEE ~h~ promiswry noM Iwr~inbtfa~ dncribed and ahall trvly, prornpth and fv~ly per/wm, d~sth~rQs, execute, complete, comply wirh and ~bide by s+ch ~nd wery th~ ~tipulatio~s, ~r~emenn, conditian and cov~nn of ~aid ~-om~ssory no~e ~nd of this Mwtgaye, ~hen this Matys~e and the Est~te hereby v~ated ~h+ll ua~ u+d b~ nvll and void. , IT IS UNDERSTOpD that the word "Mortya~w" whether in th~ sing~4r or plwal ~nywlwr~ in tAis JNor?~aq~. ~hall be sirgvl~r if on~ only and '~hall be plurst jointly and s~ve.alty if more fh~n on~. ~nd thaf the word "their" p u~ed anyv,rMre in tha Matpay~ ~h+ll be uken to m~~n "his;• •'h~n;• r' •d~ "it~:' wherever the conte,et ~o ;mpl~es w admin. Also, that wherever there is ~.referenc~ in th~ cavenawt~ and aqr~ements herein co~tained to any of e panies hereto, tt?e same tl+atl bs cauvued to meM ~s well as tht heir~. IeQ+) repesentatiws, sucusson snd ~saipm (eitMr volvMary by ad of th~ rties o? involuntary by opera~ion of the law) of tha iame and that the covenants h.reM conu~r~ed sha11 b~+d .nd rM ben.8n •nd .dranrap.s inw• the fespedive heirs, kg~l representativts, succcssas and ~u'~ro of ti+~ pani~s Mreta A++d ~+id Mo.rgsgws, fa themutres and ~heir h~NS, ipd r~presentativy, wcc~swr~ and ~uipm. Mreby jointly u~d s~wrally oov~n~m ~nd pne y'~ +o ~nd wi~h tl+e said MORTGAGEE, ir~ sirccessors ~nd ~ugro: ~ « 1. To pay dl and sinyula~ the principal and interest and th~ v~raw ~nd s~ndry wms of mon~Y paYaW~ by virtw of said promiswry nott. ~nd thb mortgsqe, e+ch and every, promplly on th~ days respectivety tik sun~ s~v~r~tly become dw. ~"'i 2. To pay •II and sinyutar the axes, asseuments, twies, liabitities, oblipatiom end sncumbr~nas of ~vNy natur~ and kind now oo uid deaaib~d ~r1F~apenY• w tMt hereafte? ~nay b~ impo~ed. ivi/ered. M~ced. bvi~d, a~w~ssed ther~on. or that Mreaft~+ may b~ kv~d or aiwawd vpon this , ~ae, a tlx indebted~+ezs secwed hereby, each and every, wiwn dw and payable, accordinp to taw, k»fa~ they become d~tinqwm. btfw~ any int~ira - arreches w any penal?y is incw~ed; ANO INSOiAR AS ANY TMEREOf IS OF RKORD THE SAME SNAtI 6E PROMPTLY SATISFIED AND DISCMARGED Of - RECORD ANO TMf ORIGIhAI OFFICIAL DOCUMENT (Sl1CM AS, FOR INSTANCE, TME 1AX RECEIPI OR THE SATISFACTION VMER OFfICIALIY ENOORSE~ OR CERTIf1E0) SHAIL BE PUCEO IN THE MANDS Of SAIO AAORTGAGEf WtTH11V TEN DAYS NEXT AFIER PAYMEN?; ~nd in 1he ~wnt that any M~ereof b not ~a~d, saYsfied ~nd d~scharged ta:d MORTGAGEE may ~t a~y t~me p~Y tF+~ sanr a ~ny part lhaeo( withovt w~ivirg a af(~ctinp any option, li~n, pviry w •~qht under or by virtue of this mortgaye arxl ti~e full amovnt of each and ~very ~~ch payment shatl be imrt?ad;atety due and p~yabk and shail b~ar inMrett ~~om the d~te ?hereof until paid at ~ate of n;ne per centum per ~nnum aed toyeth~r w;th such imsi~st ~Mli bs sec~red by tAe lie~ oi rh's mwpupe. , . _ . . ~ . _ _ . ~ _ r<„~s t.~- - ; . -