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HomeMy WebLinkAbout0766 i • 1 J 480921 THIS MORTGAGE DEED. made and executed the day of ~ /•/A/~.~ 19 ~ , by PAID GA4i and VATF.R~ CACH, his wife hereinafter called the Mortgagor, which term shall include the heirs, legal representatives. successors and assigns of the said Mortgagor, wherever the context so requires or admits. ~ to FIRST NATIONAL BANK AND TRUST COMPANY OF STUART, Stuart, Florida a National Banking Association, hereinafter called the Mortgagee. ~rhich term shall include the heirs, legal representatives, successors and assigns of the said Mortgagee wherever the context so requires or admits. f WITNESSETH: That for divers good and valuable considerations, and also in consideration of the aggregate sum named in the promissory note hereinafter described, the said I?fortgagor does hereby grant, bargain, sell, alien, remise, release, convey and confirm unto the said Mortgagee, his heirs, successors and assigns, all the certain piece ,parcel or tract of land of which said Mortgagor is now seized and possessed and in actual possession, situate in the County of $t. Lucie and State of Florida, described as follows: C{~IDQ~II[M PAIN.: Lot No. 387, Section II-, ii1 that ceztain OOndoadniuln la~aan as QTI~OOIt 5 ~ AMSitICA AT I~'ITLES LSIArID, as sha~wn by the plat reooY~ded in the office of the Clerk of the Circuit Court in and for St. Lucie County, Florida, in Plat Boole 16, Page 1:1A throu~t 1J. .Mortgagor expressly agrees to oamQly with each and eve><y provision of . the Declaration of Coci~doadnium and all Amendments thereto of which the instant unit is a part. This includes the -provisions of the Articles of IiZOOrporation of the Cocldc:ninium Associati~an, together with the pravisivns of the Corldoad,niuln Associstian's By-Laws , and includes . if applicable, the provisions of the Long Team Lease, if any. In the event of default on the part of Mortgagor in any one or more of the pxovisi~ons of the aforesaid A,greanents, Mortgagee may, at Mortgagee's sole option, declare the default on any of the aforesaid Agre®nents, mentialaed in this instant Article, to be a default raider the p~ravisians of this instant bbrtgage, and may further, at Mortgagee's sole option, accelerate the iixlebtedness due and payable in full and/or seek judicial remedies t>nder the provisions of this instant Mortgage. REC^uYED S 5~6.0'O IN PAY!NENT Qf TAXE: j ~ [U: C=i Ci' 'C' I:IT;..Ls ~'_E PERSONJ4l PROPERTY, PG'~6:i:li TD .ii:.-T=:< 71-i:4, ACTS Of 1R7L t:~~~d PCfficAS CLLFK p2CUT CJilaT, ST. lUi.1E CO. fl~~•m i f--:- _ i a To HAVE AND TO HOLD the same, together with all and singular the tenements, hereditaments and appurtenances f thereunto belonging or in anywise appertaining and the reversion and reversions, remainder and remainders, rents, issues and profits thereof and also all the estate, right, title, interest, property, possession, claim and demand whatsoever as well in law as in equity of the said Mortgagor in and to the same and every part and parcel thereof unto the said Mortgagee, and his heirs, successors and assigns, in fee simple. And said Mortgagor, for himself, and his heirs, legal representatives, successors and assigns, hereby covenants with said ~ Mortgagee, his heirs, legal representatives, successors and assigns, that said Mortgagor is indefeasibly seized of said land in fee simple; that the said Mortgagor has full power and lawful right to convey the same in fee simple as aforesaid; that it shall be lawful for said Mortgagee, his heirs, legal representatives, successors and assigns, at all times peaceably and quietly to enter upon, hold, occupy and enjoy said land and every part thereof; that said land is free from all incumbrances; that ' said Mortgagor, his heirs, legal representatives, successor and assigns, will make such further assurances to perfect the fee simple title to said land in said Mortgagee, his heirs, legal representatives,successors and assigns, as may reasonably be required; and that said Mortgagor does hereby fully warrant the title to said land and every part thereof and will defend the same against the lawful claims of all persons whomsoever. i PROVIDED ALWAYS, That if said Mortgagor shall pay unto the said Mortgagee the certain promissory note, of which the following in words and figures is a true copy, to-wit: t gp~~ PAGE 1UU ~ ~