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HomeMy WebLinkAbout0937 . , . . . ~ ~ ~'S~ t'ou r~e ~ ~ i . , !p. ~S ~~~e 83seo ~ o ~~~~g ~{OR adQ tt~i8 26~ of r~ ~ A. D. , 1987 , between RICfF~RD P. ~ ~ AND ~R'!~- . , (Mortgagor) and P1V~iSIDE IVATICi~I~i, B~IK QF FIARI[aA (Mortgagee); WIT~iESSETIl, tl~at Mortgagor, for and in consideration of the premises and in order to ecure the payment of tli~ nrincipal and interest on the Contract (as hereinafter defined), ortgagor hereby grants, assigns transfera and mortgages to Mortgagee,iCs succeseors and saigns forever, tlie following described real property in ST. I~UCIE County, Florida o wit: ~ LOiI'S 7 ADID 8, SIiO(~C 1624, PORT ST. LUCIE SDGTIQV 23 AS RDOQF~DID IN PI,~1T A00~{ 13, P~ 29, 29A T~i 29D OF THE PUBLIC ~~16 OF ST. I,LICIE OOiINPY, FTARiL1A 3n / ZliIS IS A SDOOi~ID :I~R'PG~E ;hereinafter reFerred to as the Mortgaged Property); and the Mortgagor does hereby fully iarrant the title to tlie Mortgaged Property and will defend the same against the lawful claims ~f all persons whomsoever. PROVIDED ALWAYS, that if RI(~~AI2D P.KELI~',Ft A1~ID ~Y J. Ia~I,SNER, HIS ~~1IFE , (Insert Name(s)) the maker of that certain contract dated the date hereof (the Contract) THEIR~ heire, legal representatlves or assigns shall pay to Mortgagee the principal sum of ~12,106.51 ae evidenced by the Contract, with interest and up~~. t:a tprms as provided therein, the final maturity date of tl~e Contract and of this Mortgage being !~Y 25 ,19 97, which Contract provides tiiat all installments of principal-and interest are payable at the office of Mortgagee, or at such otl~er place as tt~e holder may designate in writing, and that each maker and endorser agree to pay all cosCs of collection, including a reasonable attorney's fee, upon default in the payment of the Contract, and ttiat if default be made in the payment of any-installment thereunder and that if such default is not made good in accordance ~ith the terms of the Con- tract, that the entire principal sum and accrued, earned interest stiall become due and payable without notice at tl~e option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and covenant of the Contract and of this Mortgage, then this mortgage and the estate hereby created shall be void, otherwise the same shall remain in full force. Maker covenants to pay tiie interest and principal promptly when due.Mortgagor covenants ~ to pay tt~e taxes and assessments on said property; to keep the improvements now existing or hereafter erected on the property insured against loss by fire, ha2ards included Within the ' term "extended coverage", and such other 1~azards as Mvrtgagee may require and in such amounts and for such periods As Mortgagee may require, with a company approved by the Mortgagee, With a standard mortgage.loss clause payable to Mortgagee, the policy to be held by the Mortgagee; and to keep the building on said land in proper repair. Should any of ttie above covenante be broken then the Contract and a1Z moneys secured hereby shall,without demand,iF the Mortgagee so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and reasanable attvrneys` fees, including costs, expenses and reasonable attorneys' fees, including costs, expenses and reasonable attorneys' fees on appeal, i£ collected by legal proceedings or through an attorney ~ at law, shall be paid by the Maker, and the same are hereby secured. IN WITNESS WtiEREOF, the Mortgagor has executed the Mortgage as of the date first above set forth. j l Signed, Sealed and delivered our presence: ` (SEAL) . (Mort agor) • 1~ _ (sEai.) (Mo ga r) • E OF ) ~OUNTY OF ) I HE[~EBY CERTIFY, tl~at on this day, before me, an officer duly autnoxized in the State of aforesaid and in the County aforesaid to take acknowledgements, personally appeared R7[~LAR'n p_ KF!TT?7F'R AND~'.RRY .T_I(~'rrNFR to me known to be the person(s) described in and Who executed the foregoing instrument and ~~y ~ acknoWledged before me that ~ executed the gatrte: . WITNESS my hand and official seal in the County eu State last a£oresaid this 26TH day of ~ , A.D., 19 $7 ;r - ~ ~ . a~• al ~a~ lo b _ 5) . ~ ~ ~ ~ Received S )n ay enf OF taxes , Due On ~lass "C' lnlang~ble Persona) Property. Nata -~Sb1iG--,• ~ Pursuan~ To Chapter 71, 134, Ads Uf 1971. My;;~rt~pa~d$,ti~`Expires: ~ DOUGLAS DIXON, ~ ~ 4 , ' ~ . Uerk Circuit Couh, Si. Lucie, Co., FI ~ ~ ~ Q R . aooK 55Q P~?cE 932 - . _