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FRANCIS PIERCE and LOUISE A. PIERCE, his wife
~•a~le•d thP 1lurly~uJur s. u~ul TOM ADAMS and ELVIRA ADAMS, ~•all~d fhP llort~u~f•c s.
his wife
~~t(~~$e~~ %'l~al thr .ar~l llurf~ugor S. /or and i~r rui~si~l~~rulio~- oJ Ih~ su~ti o/
SIXTEEN THOL'SAND AND NO/100-----------------------------------I)o/lurs.
lu and in hanct ~Kiid hy 1h~• said 1lortg~i~r~ s. lh~• r~v•rip! u~hrr~•u/ is hrrPhy Q('Iil10lUI-
~dyE~~l, are grtu~trd. haryurned cuid sold !u Ihr .«icl .1/ort~~aqe~~• s, their hPirs
«nd assiyi~s ~urrn~•r, (he~ ~ollou-in~ d~s~rihPd lund, xllt~uf~•, lyi~r~ eu~d b~ing in fhP County o/
ST. LUCIE . Stute• u~ FLORIDA , to-~uit:
Lot No. 1165 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, Page 1:1A
through ~J, and according to the Declaration`of Condominium
as rec orded in Official Records Book 186, Page 2720, and any,
and all Amendments thereto that have been recorded in the St. Lucie
County, Florida public records.
THIS MORTGAGE IS NOT ASSUMABLF. U?dLESS APPROVED BY TOM ADAriS
Ar~D ELVIRA ADAMS ..
und Ih~ suid .11orf~ugor S do h~rPhy /uNJ ~r~~rrnnl l/rr frN~• fu .uid l~urd. unr~ u-ill d~~Pnd th~
santP aguinst Ih~ lutt-/ul c•luims ~~/ all pe~rsn~is u-hu~i~soPUPr.
~rouided ~llways, l'hat i/ sciici Jlort~u~jor s, their hPirc, IP9[II fP~PPSPf1I(flll-Pc
or ussigns, shall pay to !h~ said 1/orfgug~~~ S. their (Pyal rrpreaPnl~lives or assi~~is, n
~Prtuin promissory notr, u~•~-py o/ u~hic•h is on th~• rPnrrsr srdr hpr'po/, and _ s~ !f p~r~orm und
~•onr ! tvifh ~~i~•h and ~~tu~rr cti ~ulalrnri, u~ r~Nmrn! ~urd ~onPnun! o c'~id n~~~ a-td o this .1/orl~ ai r~,
Py l• 1 J ~• I J/
thPn lhis JlorlgaJP mrcf Ilr~ ~~stuFr l-~rrhy ~•rPatrd shuN hF unid, othPru~is~ !h~ snmP shall rPmain
i~~ /u/! ~or~P-and nirlu~. :lnd /hr suid .~lor/~~uJur g cot~Pnnnt to paJ fhP intrrPSt ~nd prinrrpal
promptly cnh~n dtrP: Io /~uy tl~r tuxPS iurd cres~ssmrn/s on said plydpPrty; to ~arr~~ 1l1SllPQ-irP plJplRC(
~rr on thP building o~r said land /or nul lrss t/rpn $ , npprourd by /he 11ort-
J~9pPs '• i1~ith stnndard morlgngP locs ~-tnusP payuhlP to J/or[ga,qPP s, the policy l0 6e hP/d hy thr
.UortgagP~ g.!o kPrp thP bui/ding on sccid lancl in propPr rPpair. «nd (o «-aiuP fhP h.~mPCt~ud
PrPm plion. -
S/tortld any O~ lI1F Q~IIIUP COI~PII(lAIS hP hrokPn, thPn said notP and all monrys sr~t-rrd h~r~hq
s/~oll. ~niU~ottt drmun~l. i/ (h~ 1/orlg~qPP ~. their IP~a! rPpr~sPntatir,~s or uxsigns. sn
Pl~rt, aI on~P 6~~om~ ~u~ and Exn/ahlP and fhP mnrlgagr hP /orP~losPd, and nll ~o.cls and ~xp~nsrs
o/ ~oll~~•tiuir o( sairl mnnryc a-ilh or tnilhout st~il, fn~ludi~ig a rPUSOnuhlr /~•F (or thP V~-rt,rycrry~•~ S
ut~nr~rvy, shaN h~~ Exiid b~ th~ .1lor(~ayor g, and th~ snmv arP hPrrhy sP~-urPd.
~n ~~t11~s ~hereof~ ThP said !Iorlgagnr S hPrPUnb c~! theiT' hnnd g and
.cral S IIfP dut/ and Jrur ~rcl uhou~ tnrill~~n.
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Fr n is PiercP ~ ~
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Janice Kuhns
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' Thislnstrumentprepa~edby: Chicago Title Insurance Company {,
~' 2717 Orange Avenue ~
Address . rort Pierce, r^lorida 33u50 b~{~~7 ~~ '
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