HomeMy WebLinkAbout1597 ' File X2421
MORTOAO[ O[[O ~OV~ RAMCO ?ORM R[Si
TO COtl W11 ATION rItOM INOIV IOUAI. V
1~
~ • •
F.recttted the ~ 0 ~ day o/ A. D. 19 7 b
~ / Y
JOHN C. DAVIDSON and CAROL J. DAVIDSON, his wife,
kereina(ter called the mortgagor, to FIRST NATIONAL BANK AND TRUST COMPANY OF
STUART, a National Banking Association
• a corporation existing under the laws of the State of FlOrid8 ,with its permanent posto(/ice
address ar P. O. Box 2316, Stuart, Florida 33494
hereinafter called the mortgagee: ,
IWAereree wed fereiw the tear ••~o.t~y~{oorr~ aid "~oetpaee" i~tlade aU the ~rties a tlis iattrtt~ett ad the heirs.
Intel represrautives sad s of i~vidwb, acid de acceaors arrd arai~w of corooratiow: sad t?e tera "rote"
inch.dea all t?e rotes lereiat deecriErd it awee t6ae oae.)
~~~tteSStbl, that for good and valuable considerations, and also to consideration o/ the aggre-
gate sum named in the promissory note of even date herewith, hereinafter described. the mortgagor here-
by grants, bargains, sells, aliens, remises, rnnveys and confirms unto the mortgagee all the certain In,td
of which the mortgagor is now seized and in possession situate in St . Lucie County,
Florida, viz:
CONDOMINIUM PARCEL: Lot No. 517, Section II, in that certain
Condominium known as OUTDOOR RESORTS OF AMERICA AT NETTLES
ISLAND, as shown by the plat recorded in the office of the
Clerk of the Circuit Court in and for St. Lucie County,
Florida, in Plat Book 16 at Pages 1: 1A through 1J.
Mortgagor expressly agrees to comply with each and every provision of the
Declaration of Condominium and all Amendments thereto which the instant unit
is a part of. This includes the provisions of the .Articles of Incorporation
of the condominium association, together with the provisions of the condominium
association's By-Laws, and includes, if applicable, the provisions of the
long term lease (if any). In the event of default on the part of the Mortgagor
in any one or more of the provisions of the aforesaid agreements, Mortgagee
may, at Mortgagee's sole option, declare the default on any of the aforesaid '
agreements mentioned in this instant article to 6e a default under the
provisions of this instant Mortgage, and may further, at Mortgagee's sole
option, accelerate the indebtedness due and payable in full and/or seek
w-?judicial remedies under the provisions of this instant Mortgage. t
1~ g~
1~
t
E R.eN~sd s a2t~ •o
Due On Class "Cr• Inta ~ ~M 0/ Ta>uss
~ pursuant To Ch Prflloft•t
apter 71, i$4, 71.
! ROGER POITi:/?$
l Cte.l, C)?cuit Cou?t, SL L,uoi~ G0.e
pL
{S
I
1
L ' _ _
I
a C-^ " _
N, ~ b ~ ~ 1
z ~ C
~ - - -
~ _ ~
f
1
}
r UR
g~~~ 306 ~a~~1596 ;
~ 4