HomeMy WebLinkAbout3002 , i. ,
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,e,,,~y~ Nw. N~. O«~cw1 ~NM ••++•+w ~•wr.w~ ww.• bc?~.s~ atM~~..~Lt IOItM al -
~ Mort t Nott 1 79
= 4,~000. 00 _ . ~d~t 'S'_t., ..Lucie , ci«~a. _.J!~. .Y . .4.. ....._._............t9 ~
, fOR VAllJE RECEIVEO IM w~d.r~.f pro*is~s b P+r ro ~M ardN d
RICHARD A. ItOSS and LUCII.$...C.._.ROSS?...his wife. . _ ?
~,.~,~.~d._.~s~ux..tt~ou~~a~,d...and. no/1Q0----.---.---.-------..--..---..----.-..-.-.-----.-.-.-.~.
Ioq~Nwr w~lh in1~N1 IMr~on a1 11» qN d..~ ......p~r c~n1 PK anww~ fro~ _.1111,~I. 1 ~ ,17 8 ~
unM rwMYnh. bo1A Orintipd and iN~~st b~inp P+Yable in la~wWl Mon~tr d the IJa»d S1r~s. wch vri~c~pal su~ and iM~rts1 payaW~ in ms1aM~~~ a IoNows~
This aote shall become due and payable upon demand on or after July 1, 1980.
or up on the sale of the property mortgaged in connection with this note,
whichever occurs first.
Srch instapwwr Wr*~1s ~11 b~ +oPINd &s1 ' und~r tM ~~s d N~ aoe~ and ~Mn 1o a nduc~ian d NM prNicip~l isd~bbdu~u•
n» .~.:.ea .eaon.n of Mi: noa 4rM.? ~ol~o. d ~ekpa,n..a1 «~a praw. .ea w M. .wd wi1 ,h~ll a e?oYW ~o. a~.
cdMc~we Mr~ol. a 1!» ~a~ hrs w b~ alloraw. b pw r~asau6M aMan~1?"s iMS fa rkieq weh toY~clioa. AM p~yw~Ma Mr?
w~ sh~Y b~sr id~t ~1 tM .aN of. ~.~p~r io~ ~Wvfi? uMd p~id. ihis noN a~cund bq ~ wortp~p~ ol ~wn dW hr~wiN~ ~d 'a to
0~ cawrwd and ~nfaud ~ccordi~p ro ~h~ brv~ d N» Stah d HaiO~; Yp~on ddauN in ~M wr~ d v~~ +udla ' whob s~r~ d
~ P+~uc~al +nd 'w~t~r~st rwi~wq wp~d slwN, al 11» oP~~ 0111~ Aolda~, wcow~ ~ diw and failu~ uur ' nol to~aiAiN ~
~ a waiver d ~h~ rqlr 10 ~x~rcis~ Ih~ ~ in ~M ~v~N d sabw4~Ma1 d~fault.
I
; P~r.w. .580... Solida...Circle_ . . . . ..~s~~
Port St. Lucie, FL 33452 ? ........~.........ts~u~ ~
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o. wch ah.r plw « shau b. . . . _ . _ _._..........................................ISE/?t)
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~ daiq~t~d d~? M» L~W~r d ~his ................................(SEALI
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eol~ ~n w~t~p. .
a.nd shall duly. prompqy and fully perfoFm, diarharge, execute, ef[ect, complet~, comply wfth and abide by each
and everv the stipulation~, agreementa, conditio:u snd covenanta of asid pmnuasory note and ot thi~ mortgage,
then thls mortgage and the estate hereby cre~ted shall cease and be aull and void.
It ia undetstood that each ot the wordg. "note;' "mortR$gor" and "mottgages" respectively and the pron-
ouns teferring thereto, whether in the singi~lar or plural anywhere 1n thla mortgage. ehall be aingular 1f one only
and ahal) be plurnl iointly and severally, It more thm one, and shall be masculine, feminine and/or neuter, wher-
ever the context so implies or admita.
And aaid Mortgagor tor hlmaelf and his helrs, legal representaUve~, succea+ors ar?d asaigas, hereby rnven-
anta ana agree~ to and with aaid Mortgagee, hi~ tegal representative~, auccessore and asslgt?a:
1. To pay all snd ~in~;ular the principal and intereat and the various and sundry aums o! money payaDle by
virtue of said pmtru~ory note, and thi~ mortgage, each and every. prompUy on the days reapectively the same _
eeverally becomR due.
2. To pay atl and sinqular tf:c tvice~, dssessments, le~ies, liabflitles, obligntions and incumbrances of e~ery
nature and ktnd now on said descntK~:l pro~~erty, and/or that hereafter may be imposed. suftered, plsced, levied
~ or asae9aed thereupon, and/or that hereafter may be levied or assesaed upon thia mortgage and/or the,indebted-
~ nea~ secured hereby. each and every, v~hen due and payable according to lew. before they' become delinquent,
R and before any Interest attaches or any penalty is incurred; and in ao tar aa any thereof is ot record the sams
~ ahall be prompUy ~atlsfled and discharged ot record and the briginal otliclal document (such as, for lnstance.
, the tax receipt or the satisfaction paper officially endoraed or certified) shall be placed 1n Lf-?e hands o[ said
' MoMgagee w3thin ten deys nPxt nft~r pa}~mcnt; and in the event that any thereo! is not so paid, satisfied and
~ dlscharged, aaid ]?tortgagee may st an~• tirr.e pay !he same or any part thereot withoui waiving or affe^_ting
any option, lien, equity or right under or b;• ~•~rtue of thia ~mortgage, and the full amount of each and every
~ such pa3ment ahall tie immed,ately due anJ l.nyable and ahaU bear interest from the date thereot until paid
at. the rate ot ten per centu~n per annurn ar.~, togeiher ~-ith sUch intenat ahall be secured by the lien of this
mortgage.
S. To plnce and continuously kecp on the buildin~a now or hereafter aituate on said land fire and wlndstorul
lnsumnce In the usual standard policy forn:, fn a sum not less than sfull.._ insurable_ va]~uq~ s„~h ~om-
~ pany or comp~nfes as msy be approved by said btortgaRee; and eli such insurance polic[e~ on arty of sald build-
ings, any intereet therein or pnrt thereof, 1n the aggregate sum afore~sld or in excea~ thereot, shW contnin the
usual standard mortRagee clause making the los~ under said policiea, each and every. payable t6 said Mortga-
gee as hia lnterest may appear, and each sad every such policy ~hall be promptly del[vered to and held by eaid ,
1?fortgagee; and, not less than ten day~ in ad~•ance of the ezpiration ot each policy. to del(ver to sald MortgaRee
a renewsl thereof, together N~ih a receipt for the premium ot auch renewal; and there shall be no euch insur-
ance placed on eny of said Duildjnga, any inlere~t therein or part Wereof, unless in the form and wtth tt~e Ioss ,
~ payaGle as afore~sid: and 1n the e~ent any sum of money becomea payable under such policy or poltcle~ said
1?SortRagee ahall ha.•e the opt:.~n to rece:ve and apply the same on account ot the indebtedneas aecured hereby or
to pe: mIt said Mortgagor to recefve and us~ it ar any part thereo[ for other purposes without thereby waivfng
~ or lmpalring any equity. Ifen or tight unde* or by vlrtue of thia mortgage: and in the event sald Mortgagor ahall
for any reason feil to keep the aafd prem~~e~ so ir?~ured, or fail to dellver prompUy any ot said policie~ of
~ ln~urance to said riortgaRee, or fail promptly to pay fully any premium thenfor. os in any respect ta11 to per-
~ torm, di~charge, execute, effect, complete, comply a~ith and abide b~ thls covenant, or any part hereof, aald Mortg-
~ agee may place and pay for such tneurance or any part thereot without waiving or aftecUng any option, lien,
equity or tight under or b~ virtue of thie mortgage, and the [ull amount of each and every such p~yment rhaII
~ De lmmedlntely due and psyable and ahnll bear fnterest from the dste thereof untU patd at the rate of ten per
~ centum per annum nnd together wlth such intenst ~hall be secured by the lien ot W~ mortgage.
t To permlt, commlt or aufter no waste, tmpairment or detsrtontton of ~a14 propsrty or any part thereot.
~ 6. 1b p~y all and ~ingulu the co~te, charges and cxpenses, fncluding nasonable Lwyer'~ feea ~nd cost o!
aLstracb of Utle;'fnc-arr_td or pdd at any tlme by ~atd Mortgaaea becauie ~nd/or in the ~vent o! U?e fdlurs
~ on the part of ths sdd Mortgagor to duly. promptly and fully perfornn, dfichuge~ ~ecut~. sftect, complets,
comply wfth aad abtde by each and everq the sttpulatlon~. aareamenta, conditlont and oovenanb. of s~?id proml~-
sory note. ar~A thf~ mortRsge, any or etther, and sdd cosb, charga and a~cpen~es, eaeh aad every. ~hall bs tm-
meQLtely due aad paysbte, whether or not there De noUcs. demand, ~ttempt to colket or sult pendfng: and the
fu:l ~mount of each and every ntch payment ~halt beu fntereit lrom the date thereot unW pdd at tBe rate o!
ten per centum psr annum: and W eafd coita, char6e~ anA ~span~M ~o incurred ar pa1d~. togeth~r wlth ~uch !n-
te:y~t, yluU De ~ecurcd b~ the lfea ot thf~ mortgage. ~
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~ e~~~312 P~f2~~97 ~
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