HomeMy WebLinkAbout0557 ~rir# ~c p ~P~e~ s 'IIS °
IHISINO!•:Nl'URI?,m~dr~n~s....23rd .........,~,y~,r..February. .....,19.79......
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tt~ ~iwFrN ..........ROB~RT...1......DeB~LLIS...and..Y.LG~...S......i?eBELI..LS......hi.s....~ai.~~....................... rr.iJinx •rt
. 55~~15....Sau.th...Indian..,Ri~ex...I~ziye, ~ ~n~ ~~~y or......Eax~...P.iez,ce.................
~'ounty of .......?5~.....1.'.1C~.E and S~ate ot 1•1~~riJa, hcreinalter caUed the No~tgagurs, AND BfNEFICIAL FINANCE CO. Oh F40RlDA.
.•u~poraliun. havinK an otfice and pla~r of businr:s at ..~.L~il....S0.1]~~1._Eei~elSl....H~,$~1~iA.}L.
in thc City of ...~.'~.Q.~.~....P.~.~Y.~.Q Counly of __....~~......~+t~C~~.......»...... and State of Florida. hereinaltrr callyd the N~~rt~ag~~.
WITNF:SSETH, thal the Mortgagors, in considerotion of a luan ma~ie to thrm by ~he Mo~ty,agee, said luan t?einK rvidenced by a
promiswry note of even date huewith, a true copy oi which is attached heretu xrni made a part hua~f by thiti rcfe~ence, and in urder to secure ~he pay-
mcnt of raid k>an and the pedormance of all the agrrementa and conditions comain~d in said Notc, do by these presents grant, bargain, seli and convey to
thr Mortgagee, its succeswts and usigns. the following described real property sltuate, lying and being in the County of ........?5.~.•....~11~~..E
and the SWte of f•loridi, to-wit:
All that part of the North 164.11 feet of the South 264.11
feet of Government Lot 1, of Section 1, Township 36 South,
Range 40 East, and lying East of FEC Railroad, LESS AND EXCEPT
right of way for Indian River Drive, but including riparian rights.
THIS IS A SECOND MORTGAGE.
. S3 ~_3
Re:r.~ved i If1 P; •;r ~~nt 01 TexAi
DuF~ Ctass "C" IntangiDlePersc~nalP~operty,
Pursuant To Chapler 71. 134, Acts Of 18T1. ~ ~
~c , ~ : - ` . - - , . _ ~ + ROGER PORRAS ~7 ~ ~
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~ ~ ~ . ' . ~ ~ ~ _ j q~fc Circuit Court. St. lu~~e. Co.. F~.
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The Mortgagon do hereby [uUy w•:urant the title to said real property, and will defend thc same again;i thc lawful claims of :~ll pcrsuns
u humsoever. In the event the aforesaid real property is sold or otherv?tise ronveyed without the w•ritten consent of the Mortgagee, wch sak or convey-
.,n~e at Mortgagee's option shall be considered a default under this Mortgage and ihe Mortgagee shall be entitled to all remedics provided herein andJor
.,c providcd by law and equity. 71?is ~fortgage is not assumabk nor is the Mortgagor's interest hercin transfersble without the ptior written ronsent of the
~iurtgagee.
PROVIDED, HOVYF.VER, that if the MortgaRon shall nake all payments requited by the said promissory note, and shall weil and ttuly
,~rrfatm and comply with each and every• covenant of said promissory note and of this mottgage, then this mortgage shall be null and void, otherwise to
remain in full force and efCect.
The Mortgagon covenant to pay, when dut, the full amount of each and every instalment as provided in said promissory note; to pay
i t~efore they become detinquent aU encumbrances of every kind upon the proprtty together with the indebtedness secured thereby, including any
pnor mortg~ges and deeds of trust: to pay a0 taxes and assessments kvied with respect to said properiy, to wfiomsocver the same may be asscssed, before
thry become delinquent; neither to commit nor to suffet any suip, wute, impairment or deterioration of the mortgaged property; to keep the buildings
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s now or hereafter to be erected on the mortgaged pcoperty Itogether with any personal property included in this mortgage) inwred again;t lou or damage
S hy ftre and such other hazards, in such amounts and with such carrien u shall be acceptable to the Mortgagee: and the stid Mortgagors, and each of them.
~ t,ereby w•tive ali right of homestead and exemptans under the Constitution and Laws ot 1•lorida_ ,
~ If any of the foregoing rnvenants should be breached by tht Mortgagots, then. (1) said promissory Note and all monies hereby secured
~t the option of the Mottgagec and without dem~nd sha0 become immed'utely due and payable; (2) the Mortgagee at its option may pay any wch delin-
~ yuent sums and interest due under provisions of the foregoing covenants and the full amount of such payments shall bear interest from the date therec?f
~ until paid by the Mortgagon at the rate of ten per cent (10'~) per annum and together with the agrced interest shall be secured by the lien of this mort-
~ kage: and, (3) this mortgage may forthwith be foreclosed. In the event of any foreclosure of this mortgage, the Murtgagon agee to pay all costs and ex-
penses of foreclosure, including reuonabk attomey's fces, together with any and all amounts which the Mottgagee shall have disbursed undet provisions
~~f this Mortgage and the Note secured thereby, and the btortgagce shap be entiNed to apply to the court for a Receiver for the mortgaged property, w•ith-
c.ut notice and without regud to the ralue ot the mottgaged property or to the solvency of the Mortgagon, and afl nnts, profits, income, iswes and
~ rrvenues of the property shall be applied by the Receiver according to the Lien and equity of this Morigage.
~ If there bt only one mortgagor, all plunl wordc herein referring to the Mortgagots shall be construod in the singular.
IN R7TiQESS WHEREOF the MorlpaKors have executed this instrument under seal thc day and ycar above writtcn_
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~ Si~_ned, sealed and delivercd in ihe presence of us: /
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~ Witnecc ' ~ e
~ ~ ~u~t~- c?~~~"' ~s~~i?
~ Witneu ~ /
~ c[~~. t L IScall
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~ ~ wttness V1CIc1 S . eBellis
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fhis instrument was prepared by: C~~'ES J. DORFMAN ESQ . P. O. Box ..3388a Ft....., Pieree , Fla
_ ~ Name ~ Oifice Address 33450 -
:q~ STATE OF FLORIDA ) ACKNOWLEDGMENT '
~ ) Ss.:
St. Lucie
~ ~OUVTY OF )
F° 1 HEREBY CERTIFY that on this day, before me, an officer dul ~ authorized in the State and County aforesaid to takc acknov?~ledge-
r~ mcnts, a«~~ur ~vc~«a ......_B,OBEBT...J._....DeBELLIS....and..~IICKL..S......IIeBELLLS.,...his...xa.i£e
~ t~~ me known to be the personls) described in and who executed the instrument appearing on the teverse side hereof, and .Z..he.}~.. acknowledged before
~~s me ihat ..~ey.. executed the same.
WITNESS my hand and official seal in the County~awd•Strid~~t aforesaid this ....2~'~..... day of ....Feb~1L8.YjI A.D.,
~ !9 .7.9........ a~ ' ~ %~C/
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~ ~ ' _y • ~ . ~iary Public ~ State~'of Florida at Large
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' MY c,J~,: ~ ~ 1
~ ~ ~ . BQnded By R~edma~ N~e Y
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BOR 4 FLB. Ed. MaY '78 , , . ~r~ ~ ~ ~ . .
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