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HomeMy WebLinkAbout0999 rORT~AOt D[[O ' ~ ~ • loM~ ?o~~ IIAMCO FORM 1tt• ~ , , . ~ f f~f~5 - , z. I , ~ a \ r Executed the lst day oJ ~une A. D. t9 84 6y JOHN F. NIXON, III hereina/tar culled tl~e mortgagor, !o JOHN F. NIXON c~rid BILLIE M. NIXON~ his wife ~ whose address is 1177 Bayshore Drive, Apt. 103, Fort Pierce, Florida 33449 d•i hereina~ter called Ihe mo~tgagee: (VY6enver u+ed 6erein t6e terms mor ' and "mortsasee" iaclude all t6e p~rtia w tW imw~s~t wi t1e~ i~inz • ksal repreaewutivea aal aw~m ~o~f ~i~h ~sd Um meceeors awd a~i~s o( corporstior: a~d t6e lers ' wte' includea all the aotd Aereee de~aibcd i( mote ttiw oue.) ~Ltn~e~~ that Jor good and unlua6le cnnside?ntions, and also In conaider+ation oj the aggre- gnte sum namecl in Ihe promissory nole o~ euen date herewit/~, hereinajte~ c~e~c?i~. the mortgogor here- by granls, bargains, sells, alie~s, remises, conveys nnd conJirms unto the ~nortgagee nll tl~e certain land o~ which the mortgagor is now seized and in posseasion situate in St. Lucie Co~4• Flo~tda, viz: ~ Apartment No. 207 of ISLAND HOUSE CONDOMINIUMS, PHASE III (BUILDING IX), according to the Declaration of Condominium and all exhibits thereto dated May 9, 1984, recorded May 10, 1984, in Official Record Book 431 at pages 1827 through 1903 of the public records of St. Lucie County, Florida. TOGETHER with all of its appurtenances, according to said Declaration of Condominium and all of its exhibits, including automobile parking space No. 207, and all of the tenements, hereditaments and other . appurtenances thereunto belonging or in anywise appertaining, and alI appliances and fixtures now situate in said apartment. The Mortgagees reserve the right to adjust the interest on the note secured by this martgage upward on the anniversary date of said note each year by no more than one (1) percent per year and no more than five (5) percent over the life of this mortgage. ! ' I - , ~ If all or any part of . the property or any interest therein is so_,~1 ~ ' or transferred by Mortgagor without Mortgagees consent, excluding i ' (a) the creation of a lien or encumbrance subordinate to this mort- ; ~ gage, (b) a transfer by devise or descent or (c) the creation of'~a ~ purchase money security interest for household appliances, the ~ ~Mortgagees may, at their option, declare all sums secured by this ~ mortgage to be immediately due and payable. If Mortgagees exercise this option to accelerate, the Mortgagees shall mail to Mortgagor, by certified mail, notice of acceleration, which notice shall provide ' for a period of not less than 30 days from the date the notice is mailed within which the Mortgagor may pay the sums declared due. If the breach is not cured, then Mortgagees shall be entitled to receiv I~ all expenses of foreclosure, including, but not limited to, reason- ~ able attorneys' fees and other costs. ~ ~ - ~ THIS IS A PGRCHASE MONEY MORTGAGE. ~L' " I ~taceived 8 J~t~.~..~_ tn Paytr:Qnt Qf Tax~= Due On Ctass "C" intangiblc P~r~ronal Property. ~ ~ursueM To Chapter ~9, ~34, Acts Of : ~71. r c=~ - ROGER POITRAS ~ - ~ ~ - _ f c~ T~~ ~ t~ f- - ; ; U r~ E f,i t a Y~' . C J ~ j Clerlc Cir~uft Coun. St LuGe. Co.. Fla. ~ ~ L~Y`, uF "-+'trtu ; S1nM_, n ~ : . F ~n r. ~ , - ~•~t~.~',~E ~ k ~ xr ~ ~v y d ~ T Q t - ~ ~ ~ , - ~ ! ~ - ~o~ 436 P~~E 1tll~ I~ ~ ~ , ~ _ _ ~ .