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~~~enq ~t fot!ow~: s_____ on the day of 19 _ snd e lii~e s~m on the c«re~pond~ day of exh mon~h there-
afier unt11 ~he whole b~ f ty p~~d
E~ch ms4ltmenf ~t ~hell be appi~od m ysyrr.ent of fhe mtrreft d thrn .,n tne ur.i;~:d balance o! the p~int pel m. (f defavlt ii msde in tM
yayment of any im~alb n~ when dua, and ?~ch dCf~~lt cont~nues 30 da , Ihen ~t the opno~ of ehe holde~, and wi~hou~ y othr no~icr, atl the rtm~inirq i
,~,a~llments ~MII be •nd payabia af once Pnvdege is given ~o pr ay this noro in whole or in pa~t al any t~ms wit ut pena~ty. Neither (orebe~raot~,
~wr ~cupunc~ by ~ holde~ tMreof ~(~er a~y defavlt in ~nY p~Yme ~ Mreon, ~hall be deemed extension. A late pa n1 chuy~ of s ~Full
added to ~xh inst nNnt ~emain:rg unp~~d 7 d~ys ~fltr its due ,~nd • 1~4e sum shall be added to each such ins Ilmant ttmaininq unpaid.7 days •
exh ~vtcetdiog yn+e~t date. ~
Each mak , surety and endorser hereof, joinfly •nd seve Ily, waivcs demand, presentmem protest and no~i of protefl fw nonpayment, ~nd f he~
agreea to a~y e ensa~ of ~~rne of paymen?, e~~her befo.e « ef r marur#iy, wirhout nor~ce to any of us; ~nd t pay •tl cosrs of collection, inct ~np •
re~sonaW~ att y's fee t~ the ~~en1 of any defautt hereu r, ~nd hereby uvc~atly waives ~II ~enefil of hw tead and exemption under tM c itution
a~,d t~wn of h S~ate of th~ Unucd S4tes, as ag+~ost this I~yation o~ any exieniwn a renew~l hereof.
W~t s IM Mnd and seal of each party.
(SEAI)
(SEAU
(SE/?U
(SE/?U >
( ~ State Revenve
(Seam une~lted on aiyinai no~~)
NOW, THEREFORE, ~he MORTGAGOR iw the pwpose of sKU~~ny paymMt of ~s~d s~m of =22~ A~~~OO and tF?~ performance of ~!n
covsnants ~nd yraement~ hestin~lte~ eapressed, ar,d fa d~we~• 9ood u+d v~lu~b!e con~~derations, by thete presenfs, does gr~nt, be~y~in, setl, ~emise,
relra~, convty ~nd con}~rm unto the MORiGAGEE, its succeswr• •nd a~?~qns, etl tt~a~ ce~u~~ lot, piece or parcel of I~nd, situa~~, (y~ng, and being in tM
Counly of St. LuCl~_- ~nd Sute o} Fwrida, deur~bed u tol:owa:
Apartment No. 305, Building VII, ISIAND HOUSfi ~NDUMINIUI~!S; PNASE II,
according to the Declaration of Condominium and all exhibits there
to dated May 13, 1975 recorded July 10, 19'75 in Official Record E~ook
241 Pages 1626-1700 of public records of St.t.ucie County, Florida,
together with all of its appurtenanences according to said Declaration
of Condo~i.^.iusa ~r.d 1 exhibwts th~reto a~~ togA±heY w? ±h all tenQ~nent~
and hereditanents thereto belonging or in anywise appertaini.ng to said
apartment. .
SL'BJECT to t:~e ~erms co::~r,ants, agr2enen~s, ob3i~ations and Y:Q_~isior.s
of said Declaration of Condominium and all exhibits thereto ~rhich the
1?Iortga~or in all things does covenant to rSortga~ee faithfully to observe
' and perform.
i
~ By a,reement of Mort~agor and Mortgagee on file with the +lortgag~e, the
i within mortc~age secures not only an existing indebtedness, but also
E ADVAWCES to be FifiRfiAF7ER made by Mortgagee to Mortgagor, the aggregate
~ of which •~?ill equal the principal amount specified in the prom~.ssory
' note secured hereby. R~~p S%~ U ~N PAYM~IIT OF T•~Es
D~ OH cu?ss ~C it~w~ctB~E ~asor.ai Pa~: .~r,
1'URSIIAMT TO CHAP*~R 71 ti34. ACiS OF 19:
t+tx;ER ?oir~.A~:
roget}yr with all and ~ingufar tM tenementt, Aered~tarreents and ~ppurtances thereunto be~1(g0lRQ!llinQeflli(pp~fCr~(}~(p ~r nd dl r~nts, is~ues,
~ proceeds and prof~ts acvui~g and to accrua (rom taid prem~se~, all of wh;ch u~ included in the ~bove ~nd foregoing dewiption and 1?~bandum.
~ TO HAVE ANO TO FiOID the above dewibed and gramed premiin unto th~ s~id MORTGAGEE, its wueason Md assiyns fwever. Md tM saW
!
~ AAORTGAGOR (w -~~3~----- hein, eiec~tors, adminis~r~twa ~nd a~s~g~s, he~eby covenan~s wifh the s~id MORTGAGEE, iti ~ucceswrs and ~uipro,
€ rn~r --~aT~ lawfully sei:ed of ehe said prem~se~ in (ee simple; that th~ ume are free, clear ~nd diuMrged irom •11 li~r?s and ~ncum-
8
r brances i~ I~w w in puiry, ~nd that_~~L._ will snd t~]elI _ he~rs shall wsrr~nt and defsnd the tiN~ to the sartw fo tM wld
MORT6AGfE, in sucteisors a~ ess~yns, fwever sgain~t the lawful cla~ms ~r,d demands of •II persons;
a PROVIDED, AlWAYS lhat if the MORTGAGOR ahall pay unto the MORTGAGEE the p~omissory note hereinbefwe deuribed ~nd ~hall truly, promptly
i •nd fully pcrio.m, d~scM.Qe, exec~te, compk~e, comply with and ab~de by each snd every the stipul~tions, agreemems, conditans and tovenanrs of s~~d
promissory note ~nd of this Mortgage, then this Matgage •nd the Est~te hereby cre~ted shsll u~~e and be null and void.
~
!T !S L'!+!tlfRSTOG?D thst s~~ xard ••'Aarsysg~ v:htther en thr s~..^g~ia: o: F!;,Yai any~xFsr.r in !h?s ~r!y~e, ahaA ~:e a~rRy:#e: if w~r ortir e+rJ
' _ ;L.s1: bs p:ws: jcissti~ usd sava:aE:y i! rrscr~ rt.on cru, irsV thar tha wu~ •.t~.~:r.. ss ~yed an~-wrhere in fh:s M.w!gsye slaf! 1c: lek~n !3 ~71tb!t "h.~" "F~er~:' -
~ ~ u"iis.° wne+s~.r i:» wni~,~~ w K.y,:~ w«i.,~~tc. A~sr,, t:::t W,KIiYft :l:er~ :s a ri;e;a.-.ce ;t.: :c:s.-.= ~st a.-.3 :~r~--iri t.FSeEn car.sained ta sr.r e! _
~he parties herNo, tM s~me shall b~ construed ~o mean af wetl as the hein, kyal rtpresentativet, successo~s and as~igm (eithtr voluntary by ~ti of the
~ ~ p~rt~es p inroiu~~~ry by opaa~an ot ~he lawi o~ ~I?s s~me and ~MI the covenanta herein conuir~ed ahaN bind snd the benefits snd sdvsr.isgts ir~ws x
~ to tM respective he'ut, Ipd represemuives, tuccessors and ass'gns o( tht partie~ hereto.
~ V~ And uid Mortypwa, for themselvea and rheir Aeiri, leg~i repreeentatives, iuccessan and atsiyni, he~eby jointly and sev~rally covenant a~d pree
~ ~ ~o and with tM said N10RTGAGfE, iri succsssors ~nd a~t~yna:
'F 1. To p~y ~11 W+d si~pul~r the principa! ~nd int~rest a~d the wriovs ~nd aunory sumf of ma?ey payablt by virtue oi said promistwy noN, and fhis
~ moss,~s,~e, ta:.h a.~ rx::. ~;.~;,sly on she daYs respect:vely the iur.a uwr~Uy beccas:.a d::~.
~ ~ 2. To pay •II u~d ~irg~lu the t~aes, asussmen~t, leviei. li~bilities, oblip~tions snd encvmb+ances o( wery natwa ~nd kind now o~ ~aid d~wib~d
~ ~ ;.sc+perty, p thsY hsrtsfttr may b~ inspoqd, suffsred, pl~ced, levird, w sssesssd therean, or tlut t~cafeer nuy be levisd ot uaessed upon !hb J4Aor!¢
~p~, a tM lr~btednes~ tecured hereby. ~xh ~nd ev~ry, whsn dw ~nd p~yabk. ~cuxdi~g to I~w, b~fwe they become dslinquent, ~nd btfa~ u~y inttrat
~ ~ attaches or any p~nalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORp THE SAME SMAIt BE PROMPTIY SATISfIED AND OISCHARGE~ OF
RECORD AND iME ORIGINAt OFfICIAI OOCUMENi 15l1CH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISfAtT10N PAPER OFfIC1AllY ENDORSED
i OR CERTIFIED) SHAII dE PUCE~ IN TNE HANOS OF SAID MORiGAGEE WITHIN 1EN DAYS NEXT AF1ER PAYMENT; ~nd ~n the even~ tMt ~ny tF+Keof a no1
z paid, aN'sfild and disch~rqed sa d MORTGAGEf may al ~ny r~me pay 1he tam! w~ny parl thereol wilhqit w~iving of a}(ectiny ~ny OptiOn, liln. ~quifp OI
~ •.qht unde? or by virtue of ti~is mo+tyage u~d the full ~mo~~t of each and eve~y fuch p~yment shall be immed~a~ely due •nd payable and sh~ll b~ar int~rHt
~ ~•om ~he dNS tMreof umil pa~d at rare o~ n:ne per cenr~m per annum ~nd t~ge~her wnh svch ~n~erea sh~ll be secu~ed by rhe li~n of th:s morybye.