HomeMy WebLinkAbout2797 ~o ~ -
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This instrument prepa~eil by:
Du~ On CIaM "C" M~tM~~Ml~t~~
• Pursu~nt'fo Cnao~M71.1i~AM~01/q1• C. Norris Tilton, P.A.
~ ROG~A ~MS Attorney at l.aw
24 Ricou Road, Aox 526
CIKk CwCUi! COUrt, sf. 11101~ C~. ~ )enscn 13cach. Florida 33457
, T~II9 HORT(3AOS D~LD. maM and ~~cut~d f~.~~da~ oL_ ~Y lY ~ 9
Dy ..1~11"~~-.F.....~iAMLI+TQI~I...SIId..1.II,.I.I1~i...M......H~I'~ILTQ~I~._.b,~.B...Td~E,'.._........_.».._.._......»._»
he~e~natte~ caltcd the ~[ortgaeor, wA1ch term shall ~iaclud~ ti.c heirs, legal rspresent~vves, succeasors and ass~etu
ot lhe ~iid btort~agor wherever the context ao reqwres or ulm~ts, ~
co....F.SItST._ NATI~NAI.._.BANK..ANII...TRllST...C~ANY._DF...STIJABT:.....__.._._.._.._...._.........._.._...
t~ere?nafter called the ~Rortsa~ee. whlch term ih~ll includ~ the Q~ira, le~al r~preaentativea. ~ucceaaon and assfpu
ot the uid Mortgage~ wher~ver tA~ conte:t so requirea or admlt~.
tYlTriES3L~T'fI: That for diven sood and valuabk totuidentlon~, and al~o fa eonsideratloA o! the anra
~ate sum named in the prom~asory not~ of even date herewitl~ herefnatter deacriDed, th~ ~ald Irtortsasor doa
hereby grant, barga~~, sell. al~en, remise, release, convey and coatirm unW the uid l~[ort~a~M, t~ls heln, ~uccea~on
and ass~gns, all the certarn puce..... parcel.... or tract... ot I~nd. of wtuch the sald ~tor~~or 1~ now N1s~d and
poucs+ed and ~n actual posaession, e~tuate ~n the County oL..~.~......~~l.C.l.~...._...and Stat~ o! P7oMd~ dacrlbed
,~rouo..s: . .r ~ ~ ~ ~ FLr'~?='~"' !
1)7:.~.1MENiARY-~:- ;=i,Mi-~ ~e , ~
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Lot No. 30, Section I, 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, Page 1:1A through 1J.
If all or any part of the property or an interest therein is sold or transferred
by Mortgagor without Mortgagee's prior written consent, excluding (a) the crea-
tion of a lien or encumbrance subordinate to this Mortgage, (b) the creation of
a purchase money security interest for household appliances, (c) a transfer by
devise or descent, or by operation of law upon the death of a joint tenant, or
I (d) the grant of any leasehold interest of three years or less not containing
~ an option to purchase, Mortgagee may, at its option, cleclare all the sums se-
~
i cured by this Mortgage to be immediately due and payable. Mortgagee shall have
~ waived such option to accelerate if, prior to the sale or transfer, Mortgagee
~ and the person to whom the property is to be sold or transferred reach agree-
~ ment in writing that the credit of such person is satisfactory to Mortgagee and
that the interest payable on the sums secured by this Mortgage shall be at such
~ rate as Mortgagee shall request.
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~
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~ TO AAVE AND TO HOLD the same, together with all and ~Insular tb~ tenemenb, herediWnent~ and ap
>
~ purtenances thercunW Delonging or 1n anyw~se appertaiNns aad tbe reversioe and nver~lau. remalnder aad
~ remainden, rent~, Isaurs •nd protft~ thereot and alio aU th~ pt~ta, ri~fit, tltb, intara~ propert~. po~wsta4
~ claim and demand whatso~ver ai well in law as tn equity ot the ~aW Mort~s~os la aad to tL~ wn~ ~ud every patt
~ and parcel thereof unto the iatd y[ort~aaes, and hb heirs, iucceaaors aad assirna. l~? i~s ~impl~.
~
wnd +aid Mortgagor, for himselt, and hii heir~, lesal represeatatlv~a. ~uccwors atM aad~. hereby co~ea-
~ anU with said Mortgagee, hu hein, le~al reprctentaUvea. iucceawrs aud usisns. tlut ~ald Mottsasor b IM?
; teaaibiy seiud of aaid land In fee ~fmple; that N~ astd ylort~a~or ha~ fuU pow~r ~?d 1awN1 rtsht to conwy tlM
_ same in tte aimple aa atoresafd: that it ~hall be lawtul for uid l~[ort;a~ hls h~irs, legal rapns~atatlva, uuo-
i
! ce»ors nnd s~~~Rns. at sll tlmes peaceably and quieqy to enter upon, lwfa occupp and ~n~oy uld land and ever~
~
~ part thereot; that uid land Is tree lrom a11 it~cumbrance~; tNat ~ald f[ost~~. hfa hairs. 1Ka1 npr~ntatl~M?
r ' ~uccP~4ors anA ass~gn~, wtll make such further assurancq to pesfect th~ fee ~impl~ tltb to uld WM !n wa
r lM,ortqagee, hi~ heir~, legd repreaentatives, successors and wlpu. u ms~ tea~onaLly ~ nqWred: ~nd that s~tA
~ MortgnRor doee herPby fully vrarrsnt the tltle to sald ilnd and ~vesp part th~reot aAd wW dKend tM wt?e a~aln~t
~ -
~.r :n:cful rT1i-n~ ot ail persen~ whom•oever.
~ PROYTt'F.i) ALWAY3, That 1t sald Nortg~6or ~hsU pq unto t2N Wd ~[orts~ th~ a~etala pro~nf~~'7
rln~t, f Wh~Ch tn110NT111g 1ti word~ and li~ura li a trw eopy. LO~N1L:
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~ 3U~~ 311 ~A~~2795