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HomeMy WebLinkAbout0929 !N C~ R T G A G E ~352~3 '0 THIS Noarc~?ce exacueea che 22nd day ot JUNE ~?.o. ~9 g7 bY JOSSPH SALEMA ANA JBNNIB SALEMA h~c~i~atter cell~d th~ ~+octgaqor to SOUTHERN FIBERGLASS POOLS ~ herein~Et~r Call~d th• ~ niortqaq~e: (Whecev~r used hecein the terms •~ortgagor• and •MOrtq~9~~' includa all th• paclies to tAis initru~aent and the heirs. l~qal cep~~~entativa~ and , a~siqns of individual~~ and th• aucceo~o~a and a~signs oE co[po~ationst and th• t~c~ •not~• inalud~• •11 Lh• notes h~r~in describ~d if ieor• tha?n one. ) ~ . NITNBSSBTH~ that Eor good and valuable consid~ration~• and alao in con~idecation oE !ht aggcegate suw ~an~~d in the prowisaory not~ ot ~vsn dat• h~r~vieh, h~c~inaEt~c de~ceib~d. eh~ wo~tgaQor h~r~by gcant~, bacgein~, ~~lia, ali~ni~ c~~i~~~, conv~y~ and contic~~ unto the woctgag~a a11 the ceceain land oE rhich th• ~oclqaqor is now a~ts~d a~d ia poos~ssion situa!• in INDIAN RIV~R Cou~ty, ~locida, viss ~LpT 19, BLOCK 1697, PORT ST. LUCIE, SECTION 31, ACCORDINC TO THE PLAT THBREOF,'AS RBCORDED IN PLAT BOOK 14, PAGLS 22, 22A THROUGH 22G, OF THE P~1$~IC ~CORDS OF ~NDI~J RI~~h~~~i~Y' heteditaaents and TO HJ1V6 J?ND TO ~ e sawe~ oge ~r t , appuctenancea theceto belonging, and !he ce~ts, iseuea and pco~its the~eoE, unto !he n~octgagee, in fae simple. ~tKD the ~oclgagor covena~~s w~th !he aoctgagee that Ehe woct~~;*_+: is indeEeasibly aeised oc aaid la~d in Eee simple~ Lhat the ~oclgagoc hae good tigh! snd lawEul authocity a to convey sald land as aEoresaidt lhat the ~aoc~gaqoc rill +~ake euch turther aaaucances to pecf~ct !he [ee stople title to aaid lAnd !n ths ~octgagee aa •ay reasonably ba cequiredi that tha wortgagoc hereby Fully varranle the.litle to aaid land and will d~t~nd the saAe ~ against the lawEul claims oE t?11 pecso~s who~so~v~r~ and tha! ~ald land is lree a~d cl~ar~ Q ot all encu~brancea. PROYIDBD l1LNAYS, that iE aaid iaoctgagor •hall pay unto aaid a~oregagae the certaln 0 M pcowiseory nota between t e parties hec~to, d~tsd the 22ndday oE June , 19 $7in U~ the ociginal amount ~f $~,U00.00 , payabla in $4 pay~enta o[ # 163.63 Co~a~e~cing on ~he 6th day oE August 1987, and shall pacEorw~ coRply ++lth and ablde by each and ~ evecy the ag[eea~ents, stipulations, conditiona and, cov~nanta the[eoE, and oE thia f~ workgage, then thia iaoctgage and the eslate ha[eby cceated, shiil ceas~, det~twine and be M~~ ~ull and void. ~,V 1?ND the ~noctqagor hereby fu~th~r covenanta a~d agcees to pay pro~nptly when due Che p~inci~~ and ~intereat and other auma of Aonay p~ovidfd for in :atd note and thia woctgag~, oc eitharr to pay all and sinqu~ir th• tsx~r, ass~aa~~~ts, l~vi~~, liabilities, obligatione, and encu~abcancea oE evucy ,~alute on said pcop~rtyt to perwit, co~awit oc ~ auEEe~ no waste, iwpaicment oc deteciocation oE ~~lid land or th~ t~prov~went• thareon at aoy tiae= to keep the buildinga now or h~r~atter on aaid -land Eully insuc~d in a eu¦ suEEicient to ptotect this moctgaga in a co~pany ~c cowpanies acceptable ro thf woctqagee, ~-r the policy or policies to he held by, and payable to said iaortqagee, artd in tha evant any Cr auw ot ~oney beco~aes payable by vitture oE such lnsurance tha ~octgagee ehall have the ~octgaqoc ~Eori any ~ u pluis; tto pay~ 11 tcoats~dechacgeas ende expenses,a~including~2awyerha ' - ; ~ teea .ar+d title eearches reasonably incurred oc pald by !he ~octgagee becauee oE the ~ ~ failure oE the iaortgaqQC to promptly and Eu12y coAply wilh rhe agree~aante, stipulations, caaditiona and covenants oE said note and thta ~aoctgage or etthecj to petEor~n, co~ply vith ~ and abide by each and every the agreewenta, attpulations, conditio~s and covenanta aet ~ torth in said note and this mortgage oc-etthe~. In the event the woctgagor Eaila !o pay ~ when due any tax, assassment, insu~ance pren~fu~n or other aum oE iaoney payable by•vtrtue oE ~ said note and this moctgage oc either the sortgaqee ~nay pay the saAS, without waiving or a[tecting the cption to Eorecloae oc any othec cight hereundec, and "all tuch pay~enta ahall beac intecest Ecom date thereoE at the higheat lawEul ~ate then allowed by the lawe oE the State oE Plotida. . MORTGI?COR shall not make a~y volunlacy tcanafe~ oE the pcemiaes oc any pact theteof ! without the wcitten consent oE the awrtgagee. Any such tcansEec, iE the morrgagee ahall = not so cortsertt, at~all constitute a default under the tec~es oE thia lnatru~ent, and the ~nortgagae ahall hAVe the right to declare the unpaid balance, includinq inteceat, le$s any ~ rebate cequired by law, due and payable at !Es option. ~ ~ IP any su~n herein reEe~red to be not proaptly patd wfthir~ 30 daya next sEter the same becoa+es due, or if each and evecy the agreoinants, atipulations, eonditions and covenanta oE said note and this mortgage. oc ~tthtr, ace not Eully pocEocwed, co~aplied with and abided by, the~ the entire su~n mention~d ln ~sid nota, and thia +wrtqege, or the entire balanee unpaid tbereon, less any c~bate required by law, ehall Eorthwith or theceafter, at the option oE the aoctgagee, becowe and be du~ and p~yable, snythinq in said note ot herein to the contrary notwithstanding. Pailuce by the ~ortqage~ to exercise any of th• rights oc optione herein provided ahall not conetitue a waiver o! eny righta or options und~~ said note or thia aw[tgaqe aeerued oc theceaEtec aeeruinq. i ~ 2N FlITN6SS FIHEREOP, the eaid ~nortgego~ ha~ heceunto signed and sesled the~e preaents tha day and year Eicst above v~itten. Siqned, aealed and deliveeed in the pcea•nce ol: ~ / k ( Seal ) ~ H ALEMA ~ ' _ ~ ~ ~ ~i 3 E SALEMA ~ (Seal) ~ s te oc Plo~iaa ~C unty oE I HBR68Y CERTIPY that on this day, beEore me, an oEEieec duly authocized in the State ~ + and County aforesaid to take acknowledqeAenta, pereonally i. appesred to ~ae known ko be ths perso~(s) d~ecribed in ~ ~ and who executed the Eoregoing instrument and acknowledged before ~e that executed the same. ~ . N~fNBS3 my hand and oEEicial seal in the County and 3tate ~1~'at,:`~ocesAid this %fn`~da ~ of ~~(C ,,~C . A.D. 19~% ,r-~ Y ~ i (NOI~ARIAL` SBAL) ~ No ty c • • ~ . ~ ~ • ( E ~ia 5~s1~Y . . M o~a~lasion P.xpi e~: . ~~a~~ ~ R 549 ~ 928 ~ r..,~.+? nio~~ BOOK F',1Gc ~ •,ry {i-• I ~M~/Mt~~ , ~ "jrr:u :~t.~~..