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HomeMy WebLinkAbout2758 r • - / 443'73 )3 4~e~1 card THIS I?tORTGAGE DEED, made and executed the~_.day of Q n ?t-~-~ t9 80 , by DO[VAID L. PA[1LL'Y and PATRICIA A. PALJLESI, htisbarxi and wife hereinafter called the )ttortgagoc, which term shall includt 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 Morcgagce, which term shall include the heirs, legal representatives, successors and assigns of the said I1lortgaget wherever the context so requires or admits. ~rITNESSETH: That for divers good and valuable considerations, and also in consideration of the aggregate sum named in the promissory note hereinafter described, the saidlltortgagor does hereby grant, bargaiq, sell, alien, remise, release, convey " and confirm unto the said 1?iottgagee, his heirs, successors and assigns, a1) the certain piece ,parcel or tract of land, of which said AtortRagor is now seized and possessed and in actual possession, situate in the County of St- Tax`ip and State of Florida, described as follows: Ivt No. 716 Section II, in that cestatn oondatairtium larr~m as C~tTl'DOO~t RF.90~'S ~ AMERICA AT NETPiES ISIA1!ID, as sl'lown by the plat reoe><tied in the office of the Clerk of the Circuit- Oourt in and far St. Lucie Qotu><ty, Florida, in Plat Book 16, Page l; lA through L7, and wording t4 the Declaration of Dondaminitm as recorded fn Official Records Book 186, Page 2720, and any and all its theretA that have been recorded in the St. Lucie Cotmty, Florida, public records. 3~r lY ~ omply with each acid every provision of the Declaration of Oond~aniniutt atxi all Anten3ments thQ.retA of which the instant unit is a part. This ir>rcludes the provisiains of the Articles of Incarporation of the oondcminium association, boget~rer with the provisions of the - Qondanirtiam As.~ociation's By=Laws, and includes, if applicable, the pa~o•- visions of the I,o~lg Term Lease (if any) . In the event of default on the part of Moartgagor in any aide ar more of the previsions of the afaaresaid Agreements, Mortgagee mar, at M~ bgagee's sole option, declare the default on any of the aforesaid.Agreements, mentioned in this instant Article, to be a default under the provisions of this instant Mortgage, and mY furth~ac, at Mortgagee's sole option, accelerate the indebtedness dine and payable in full and/ar seek judicial r~ttedies under the proNisions of this Nbrtgage. 1 q t! ~ Received s ~ In Paytn«tt a T~ 'i Due O~ Gass "C'• IntartpiblepKtonsioropKty, _ Pu?sua~t to Chapter 71, 134, Acts O~ X97 i - ROGER POITRAS { _ ~ i _ Ltsry Circuit Court, St. Luck. Co., Hr. _ _ THIS MORTGAGE IS RE-RECORDED TO SHOW DATES ON NOTE. E a To HAVE AND TO HOLD the same, together with all and singular the tenements, herediuments and appurtenances ~ thereunto belonging or in anywise apperuining and the reversion and reversions, remainder and remainders, rents, issues and pro[its 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 Iliortgagee, and his heirs, successors and assigns, in fee simple. ~ And said 1?tortRagor, for himself, and his heirs, legal representatives, successors and assigns, hereby covenants with said Mortgagee, his heirs, legal representatives, successors and assigns, that said Aortgagor 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 uid I?iortgagee, his heirs, legal representatives, successors and assigns, at ail times peaceably and quietly to enter upon, hold, occupy and enjoy said land and every part thereof; that said land is free from all incumbcances; that said \iortRagor, his heirs, legal representatives, successors and assigns, will make such further assurances to perlect the tee i simple title to said land in said biongaRee, his heirs, legal representatives,successors and assigns. as may reasonably be required; and that uid Aortgagor does hereby fully warrant the title to said land and every part thereof and will defend the ume against the lawful claims of all persons whomsoever. PROVIDED ALR'AYS, That if said IltortgaRor shall pay unto the said \lortgagee the certain promissory note, of which the following m words and figures is a true copy, to-w•it: " - "k Bu01 JJU PAGE 33Q ~~E 27~ ~ F .