HomeMy WebLinkAbout0997 ~ 4~15 . ' TNIS INSTRUl~IENT PREPARED 8Y ~l' ~
~ EMORY C. JOROAN~ 111
~'G~t, MCaEE. JOHNSON. ~OR[fAN~11UTCHESON i YOUN~i.~tJ1. .
~8 15142 ~~~~T ~~~~~A~ SAV~NOS ~ IOAM AOM~NI~TIIAIIV[ CCNT[A
l001 IOiM AVENY[. M.
MORTGAGE . ~~~E,W~~~~*~~~
~ ~4 PA6E~t~
"1'F~Iti ~IORTt'.AGE. ~xe~~utal tt~is lr'7/~'7-st • ~ y 19T8
BRYN MAWR CAMP RESORT3, IN~. , a Penneylvania Corporation, authorized
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to do business in the State oi Florida.
ti~...:..~~•..~ r~ll.vl th~ mnrtQaootY whirh term a: u~ed in everv in:tance :h~ll include the martQaQOn' hein_ enecutors
a~lministraton, succason, ~egal representatives and assigns, ei~her voluntary by act ot the partia, or involuntary br
operatiun a( law, anJ shall dcnott tht singular and/or plu~al, and the masculine and;
or femm~ne and natural and/or
arti6cial x~~.ons, wl~cne~et anel wherever the context so rc~quires or aclmits, Parties of the Fint Part. and FIRST
fEUFR~4. tiA~~l\GS ~~1I) I.OA~ ASSOCIATION OF i.AKE WOR7~1, a c~rEx~ration existing under the la~+n of
ihe Uniteel 5tau-s of Ame~ica. lureina[ter called the Associatiun, wl~ich term as used in every inscance shalt indude
the Aswciatiun's succe~wn, lega! representatives and auigns. Party o( tl~~ Second Part.
• WITNESSETH c
7'I~~t tur clivcrs good and valuable consideratio~s, and in considcrati~n ot the ap,Aregate sum o( monty named in
thr ~,rumis+ory uute of r~•en date hrrewith. hereina[ter. descritxd. tl~c mortgegon do granc. bargain. sell. alicn. remise.
releax._canvr~ and confirm unto the Association, in fee simple. the tollowing elrscriixd real estate, o[ which the mort•
gagun ar~ now seiied and possesscd and in actual possrssion, situatc in the County ot *
Statr oi Florida, to-wit: ~
* Parcel One situate in St. Johns County, Florida, and
Parcel Two situate in St. Lucie County, Florida, as
described on EXHIBIT "A", attached hereto and made
a part hereof.
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Mli~l$, RecEived S~~bt~o,~al Prope~ql Pwstitant tOCk~rivr
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I t~~ ~ OLIVER l1UNTOh
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C1^*k ot rcuit t~OuR
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~ "1'OGETHER a~ith all s~ruc~ures and impro~~ements now and f~rreattrr on said land and fixtures attached thereto.
~ .!I furniwre, anef all renu, i»uea, proceecis anJ pro6ts acuuing and to accrue trom said premises, all o( which are in-
~ cludeel within thi~ (oregoing dexription and the habendum hereot: also al) gas, steam and electric water and other
~ ~hratinq, moking, rrfrigerating. IiKl~eing, plumbing, vrntilatiun, air con~litianing, irri~ating and ~o~+er systems; machines.
~ appli~nces, t~xtures and appurtenances, which are now or may herca(tcr ~~ettain to or br used with, or on said prem-
isc~s rven thouqh they may be detached or detachable.
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~ • 7'O H~VE AND TO HOI.D ~he ~me, together with thc tencmcnts, hcrrditaments and appurtenanus. unto thc
~ .~lssoci~tion, in fee simple. .
, A~'D the mortKagon do hercby covcnant with tfie Association that they are inde[casibly seized ot said land in Eee
: aimpIc: that thc~~ have (ull powrr and law[ul right ta convcy -said lanc~ in fee simpk as a[oresaid: that it :hall be
~ I~wtul for the Asscxiation u ~ll times ~~eaceably and quietly to enter upon, hold. occupy and enjo~ said land: that
; said land is (ree trrnn all encunlbrances; ~h~t they will makr such (urther assuranccs to per[ect the fee simple title to
~ ~~id land in thr Au~xi~tion ~s rttay rr~wnably be reyuimd; and that they do hereby [ully warrant the title to said land
4 ~nd wiU defrnd tf~e s~me ag~inu the l~w[ul claims ot all persons whomsoever.
~ PROVIDEn At.N'Al'S that af the mottgaKon shall pay unto thr As~ociation the indebtedness eyidenced by that
ccrt~in prumi~~ry notc o( c~•rn dat~ hrrewith madt by thc mort~;aKurs and payable to the Association in the principal
~
~ sum oi s-__Q~~ 000, 00_ _ Mhirh note, together with interest thereon as thcrein specified is payable
~ ~ Hundred Ninety-seven and ?1 / 100
Y in murithlr installmcn~s o( ~e~~.Qht ThouBand_FouT' 4~7, 3~) UOI,I,ARS, with the 6nt paymcnt duc on
~ ~ht Fin~ day ~t Deeember__ ~9 78 , and subxyuent ~~aymrnts duc un tl?e fint day o( each and
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