HomeMy WebLinkAbout0963 . ,~rnx~~nr s~r~ nF~,n ~a~l~i~ ~ ~ ~ ~
THIS INDEN711RE. madc chir ~th da~ ot._...._.. DECENBER„~ !9 .8...~._... Bn'1'R'r~EN .$~L._..._...._........_._ '
' KAY SUI°I'04T ~ ~i,~_w3 Pe - - - - r~~ +t ~ . u, ?he C~:y o( '
Fort Pierce ~
Couaq of ....~i.a....~ll~~ aed S~ate o[ Florida. 6eredier ul~~ed tbe "Mort~or", ~nd '
BEN E'FICIAL MIIRTCAGE C0. OF FLOBIDA. a oorpor~tion hariae ~n a~6oe ud phos of busioeas at ..____-2n,~.~,_ ~Sl... Fed,pral Ncn:-
~ is tLa City oi ~
Couaty o[.....~~C.x...l~uC3e aod S~a~e of ~lorida, 6erealt~ alled t6e "~lorti~ee". I
~VITNESS6TN. t1~at Yort~or, in oocaide~atioa ot a Rerof~ie,~ Loan a+ade ~o Yottsadar a~ Mort~eq radf bae beis~ crideaaed b~ ~ Rerol?ioa Loa~ ~
AaretaxAt (••Aar„ewenP~ dated tbe rsme date d lhis Noctaa~e. a trud oop~ o[ ~rAieA ~ att~thed bereM? aed made a pvt Aerwf 0~ thit rofercau, and in ader to
acvn t6e pa7mew of tbe Re~ohiua tow Aaeep~eat b~ .rAieh Monaaaee a obliaated a~ke bw aod ~~noc~ a Mon`aeor up w tl~e ~mount o[
i..~.r2.~.Q.QQ.+.~eaRe~ ideeti6ed ~ the l.iae of CrediR md all otAer wm~ +r pro.ided bercio ~nd ~o sn,vre tbe performanee o[ atl tbe s~rcesend red oooditioa~
ronwned lKrew aod in ~he A~eemea~. br ~be.e praene.. does ~=ne. b.r~,;n,,ett aod oon.e~ ~o Mo~.gee, ia ~uaaMOn ~od ~rsi~a, tbe foCowies dsr,ct~ed nd
F~P«h'. 6ereafler refened w as t6e "PYoPertT~~, utwte, t~ing aad beiaa in t6e Couati of _...~~.,._j~_~~ P aod tbe Sta~e of F{orid~„ w~it
Replat of Palm Gardenss Block S East 72.6 feet ~f Lot 8, ar.d West 21.8 feet of Lot 9,
according to the plat thereof as recorded in Book 12, Page k2. of the Public Records
of St. Lucie County. Florida.
~ • ~ ~w. 1.~! ~
~ L ' ,~..oiv~,t 3 .d In Payme~t 6( Taxes ~ ~f
. C 7 ~ L.~a Or, C au .,C•• Intan~lb;e Pe: ~on.,: Fro;~er,y, ~
} ~'ra , b~ suant To Chapter 71, ? 34, Acts Ut 1971. ~a , I
y s'~ J,/ f; ' R~GER POJTRAS
'v C!~!c CFreuit Cour1. S~ Lucie. Co.. Fla. ~
fd if t6u bo: is chrcirL, thn Mort~e i~ subjeet w a prior mort6aae dated 2~8 19~8
e:ecuud b~ 1lartgagon to~+loYd T8~1Q~ BIIS~ 1 .i 1 F. Tavl or _ ht~ vi PQ
n llort6agee, 2 8 prar ~seura pqment oI a pn~miuor~ oote in t6e principal amouat of ~QQ..QQThat prior mort~aee w ~ECOrded oa
• 19
~ the Ckrk of t6e Cir~vit ~oun of tbe (:ouaryr o[ i7orida in Book Ho. '~J~ at pase ~1~ 3
llortaaaor !ull~ ~arnnb tbe otk•w the abox Praperq, wd rip de[end t6e rame aaaimt t6e Lwdul daims of aU penoes ~r6omroever. ln the e~eat t6e Properh
is wld or o~ersi~e eoare~cd without the ~ritten consent of the Mataa6ee. wc6_~ale o[ ooare7anoe at MoM~~ee'~ optioo shalt be oomidered a de6ult under this
Mort6sae and tbe Mort6aace ~}WI be eotided to all remedin prorided 6erein ~adlor ~s pro~ided b~ Lw and equiq. 'I'6it Mortsa~e w mt +swmabk eot o tAc
Mortgaaor's iaterat berria tramfenbk withaut tbe prior nritun ooosent oE t6e Yort~a~ee. If ~ortsa~on roluotaril~ shal! se1! or ecn~e~ the propenp, in vbole or
in part. or anr iaterat in that Propert~ or by wme aet or ••M•~• direst them~eha of titk ~ t6e Pmpertp xitbont obtai~niaa t6e irritten oo~uent of Mortsaaee, t6en
Alort;agee, at ib aptioq ma~ dedi~e t6e rntire b~laaa of t6e ban ptus interest oo t6e balance immed'uuly due aad pnabk. T6i~ optioo shaU not appl~ if (1) tbe
sak of t6e Propertr u permitted beawe t6e purcha~er'a creditvorthinw is satisfactor~ ~o Mort6~ee and t6zt pnreMser, prior to the sak, A~s e~ted a
rrrinen assumption ageement oootainina term~ prs~aibed b~ Mortaaaee iaeludin6, i[ required. an iocreaae in the rate of inurest pa7abk under tbe A~reemen~
PROVIDED. HOWEVER, that if Mort;aaor s6all maEe alt pa~ents requircd br the Agreemeat, and ~hsll we0 aod tre~ perfor~ and compl~ ~it6 eac~ aad
erer~ co~enant oi tbe Aaree~aent and ot tbi~ Mortaa6e. t6en t6is Mortgaae shaU be aull and wid, ot6erwiee w remain in full force and effeel.
Mort6a~or emenann w W7. when due, tbe full amount ot eac6 and e~eq intutment as prorided in t6e Ageemeo~ 1o pa~ before t6ry beeome delinquent all
encumbranees of e~eq kiad upou the Propertq w~eU?er with tbe indebtednw teeured tlxrcb~, iACludioa an~ Qrior mortaa~ea and deeda o( vus~ to pa~ alJ tues arol
asressrnenta k~ied with respect to the Property, to rhooroerer lhe same ma~ be auakd, before t6e~ beoome ddioqaenk neitlxr to oommit nor to suffer an~ strip~ i
.nste, imp+iirment o~ deterioration of the Propert~; w keep t6e buildin~ no~r or 6ereafter to be erected ou t6e ProPerh ~w~ether vit6 aa~ perwnd properry E
ineluded in thia Mortaage) imured aSaimt loa or dama6e b~ fue and wcb other huuds, ia suc6 ~mwean and rFt6 sve6 urrien as stsll be aooeptabk w tbe !
Marta+aee: and tbe Mortaaaw 6erebY rraires all riaht o[ 6omeateu! and ezemptiom undcr t6e Constitutioo and t6e Lnrs of Elorida.
Mortsagon 6rrein expreuhr oorenant and agee to pa~ aad keep eurreot the mont6l~ iostalmen4 on sny prior mort6age and to pterent an~ default t6ereundet.
Mortaaaon furUxr a~ee that shoutd an~ default be made in tLe payment of aa~ insutmeot oE prineiQa! or sn~ iaurest oa 1Le prior morlgsar, or sbouW ~n~ snit be ;
rnmmeaced or otber sction taken to forcclose the prior mortgase, t6en t6e amount secured b' ehis Mortaa6e ~hall beoome aad be due u+d pa~abk in tull at an~ dme ;
thereafter, at t6e option of tbe Mort6a6ee aad in aorordanee rrith tbe Agreement Mortaagee, ae ies opaoa ma7 P=7 ~0~17 ~+stdmenb on t6e prior .
mortga~e sad, to t6e eztent oC t6e amount w paid, beeome subro6ated ro the ri6hu of Mortga6se ideAtified on the prior mortaaae. AU paymenb m~de on tbe priot !
mort6,ge b~ Mortaaaee shall bear iaterat at the Fin~na Char~e nte bein6 c6u~ed ander the Aareement until paid in full. ~
~
If aa7 of the foregoin6 oovenaab s6oald be breuhed b~ Mortsaaor or upon the deatD of Nortg~or, t6en: (1) t6e Ageement aad ali monies hercb~ ~a.vred at ~
the option of t6e Mortacgee a~d without demand, ~hatl beoome immediateFy due and pajabk; ?lortaagre, ai ib option, mq pap an~ sush definquent sums snd in- f i
terest due under prorisio~ ot the foteaoing corenanb and the full amount o( sue6 pa~ments shall beoome put of t6e Unpaid Ba4nce due under t6e A6reemeet and ~
abaU beu iaurat at tht Lnance e6sr~te rate in elleet under t6e Agreement, wsether rrith the ageed 'wterat, s6a11 be secvred b~ t6e lien of thi~ Mott6a~e: and, (3) ~
thia Mortgage forthrrith ma7 be foreclosed. In the ermt of anr fnretlosurr o! th~ Martaaae, tbe Mwtaagor agrees w pa7 all caatt and e:pewa oi toredcsurc. ia-
duding reaaonabk attorneJ s fees, together rrith an~ ~nd all amounts wbich the Mortgagee ~ h-st di~bursed under prorisaes of this Mottgage and the ee- ~
meot teeurcd t}rereb~. Mort6a6ec s6s11 be entitkd to applp to tLe court for a Recei~er for the Propertp~ Riiiwout aotia ued without regard w t6e ralue of the ~r- ~
ry or to tht sot~enry of the Mort6aaor, aod at1 reats, proGts, ioc+omes, i~wd and re~eaua of tbe PropertY sball bc applied br ihe Reoei~er ~crnrdina to the lien and ~
equiry oE tl~is ?(ortaa~e. ~
!f thAE be ~aure than one awrt;agor. ai! siugulu words 6erein ro&rrin6 w the Mort6aaor ahall be rcad in t6e pturd.
II~J WITNFS$~~EREAF th£3(ortaasor 6as e:eeuted th~s inatrumeat under aea! tbe d:r and ~ear abo~e rritua
Sigoed sealg~ aed ddi~eisd ~ the praenx ofas_. _
_`i ' . /~/~~j
t + ~ /J
_ . . r~?
' _ ~mas G SU'I"I'ON
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~~..f ~I~Dt33 il.tl ~7 1~
~ • .et ' j~::~ -`~''`r. .
I'=_i:~ i~"}~ ~~j~~ ~ ,-:yfl•~:t~~~F WI~Ol33
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' ~ , 'P. CORBETT
`#,~h !a~ej;~~~~ , ..2Q~..~.~II2..Hbt~C>--ET-.P.IE&CE,_.EI~w.__.33~5:Q..
~ '~~.,,,,r~;~;. ~ `~i' OfCticeAddtaa
. ? . _ `
STATE OF PIARIDA •^r ` ) ACKNOWI.'~DCMENT ~
~
) se. :
Courr't~t1r oF. ~_s~ _.~~.I~_._... _ ..~.~...1
! HEREBY CERTIFY t6at on this da , before me, m of6eer du17 authuriscd in the Stau u?d Couctj doreaid w take aeknowicddmenes, perwoall~ apFeared i
G.~ D. SUI'~'ON and KAY SU'P.T~O_.
1~,,._ hi s ~ri.~~.._ .
to me knorn to be the peroou(s) deicribed in and who euwied the abo~e intuument~ and .~._he..~ acknorkd6ed be[ore m: that~'.......~E._.._ e:uaited the yaxQ.C ~
WiTNESS mp hand aod official ~eal in s6e Coung and Suts lsst doresaid t6i+.._.......___ ~.t,_.~.,. dq of .~._..~~C4 ~._._.,14....511...... ~
+1 '
GL~G~~
' Not~-y Public
NotaN Puytlc, St~;e ot fbrids at Large.
b!7 oomminioo e:p'va My Commission Exp'rres CCt. 12, 2989.
~'LlrRf~TWRT~Ti.
RC 4 FL2Q Ed Wr.'S~ i -
~a`o~ ~85 P~~ 96`3 . _ . .