HomeMy WebLinkAbout0939 ~ MORtG/~G~ 836801 ~~~Sv '
THtB MORTC~CE executed the 2nd d~y oi July 1~.0. 19 8~
by Dayid N. Etigland and Mary M. Enp,land h~r~lnatter celled th• ~octqagoc
to pools by Andrew he~etnatte~ call~d the
wottgaq~e: ~
(Nherev~c used hacein the ter~s •~ortqagor• and •~orlgaqee• lnclude ell th~ psctiea to
lhis ln~tcuwen! and the heics, lagal tepceeentativea and assiqns o[ lndividuals~ e~d th~ ~
aucceswr• aod a~siqns of corporalion~~ and the t~cw •noti• tnclud~~ ali the notes hE~~fn
desc~ibed it ~ore than one.) ' ~
• ~ ~
N1TNB33BTH, that Eoc qood and valuable considera!lane, and dlao in consldecatlon ot the ~
_ agyrrqale auw ne~ed ln the prowiseocy not• ot Qven date hac~with, heceinaEt~r desecib~d,
the ~octgaqor h~caby grants, ba~galn~, •~l~s. all~oe, ~sMiae~, co~v~ys and confir~• unto
the ~oclgaqes ail the cect~in land of whiah the woctqaqoc !s now aelsed and in poaseasion
sltuate in gt. Lucie County , F1o~id , viz Lot 25 g1 ck_ 15p0 PpRT ST LUCIg ,
SECTION SIXTEEN accord~ng to the plat t~ereo~ as recorded ~n-~Piaf Eook 13, Pages 7,
7A through 7C o~ the Pu 13c Records of St. Lucie County, Florida.
t'0 HIIVB J?ND ?O HOLD the eawe, togethec vith the te~e~enta, heredita~eenla and
sppucte~anees thereto belo~ging, a~d the renta. Leaues and proElts theceoE, unto the ~
woc2gagee, 1~ Eee si~ple.
1~ND the ~aoctgago[ covenants'with the wortgaqee tha! the ~noctgagoc ia tndeteaetbly `
sei:ed or said land 1~ Eee at~plei thst the wortgsqor has good ciqht and law[ul aeethorlty s
to co~vey satd lsnd ae aEocesatdr that the wortqayo~ will wake such further sseurances to ~
pertect the fee si~sple title to said land ln the ~octgaqee as ~ay ceaeonably be cequiced~ ~
that the ~roctqagoc hereby Eully vaccants the.title to eaid land and vill dei~nd the as~e
aqainst !he lawfui clai~aa ot all pe~sona vho~soever~ and that ssld land is E~ae and clear ;
o[ all eacuwbra~cea. f
9liOVI06D AGitA1fS, that IE aaid +no~tgagor ahsll paY unto esid ewrtgaqee the cettain
pcoa~isaory note betveen the pact iee heseto, dated e Znd day o[ J»1y 19 87 ln
the vciginel asount oE t 11520.10 peyable in 1~~ paywtnts oE # 192.90 cow~nencinq on
the Sth day of August 19 87, and shall pertorw, co~ply xith and ablde by each and
evecy the agreea~enls, stipulatione, co~dttions a~d covenants theceoE, and oE thls
~ottgaqe, then thte iaockgage and the estste heceby eceated, ehall eeaee, detecsine and be
~ull a~d void.
AND the ~octqago~ hereby Eucther covenanta and aqrees to pay pco~nptly vhen due the
pttocipsl and intereat and othe~ ~uw~ ot won~y provld~d for !n •~td note and thls
o ~ottgag~, oc ettheri to pay all and sinqula~ th~ taxes, ass~iswents, levtas, liabilitie~,
~ J(6obitgatione. and encu~bcances oE every natuce on said property~ to pe~~tt, co~nwit or
sufie~ no waste, i+apaicn~ent or detecioratlon of satd land oc !he iwprove~ent• theceon at
~ any tiwet to keep the butldinga ~ow oc he~ea[tec o~ said -land Eully inauced ln a su~
auEEicient to pcotect this ~noctgage in a cowpany oc co~~aniea aceeptable to the woctgaqee,
the pollcy ac pollcies to be held by, and payable to said woctqagee, and in the event any
r,,, ~ au~a oE ~no~ey beco~nes payable by victure of such lnsutance the woctgagee ahall have the
~~~~clght to tecetve a~d apply the sawe to the Lndebtedness heceby aec~ced, accountinq to the
Q.',~ ~ortqaqor Eor any au~plus; to pay a!1 coats, chargea, and expenses, lncluding lawyec'a .
[ees .and title aearches ceasonably incucced or p~ld by the ao~tgagee becauee oE the
~J • Eailure oE the ~wrtgaqoc to proa~ptly and fully conply with the aqreewenta, stiputattona,
~.b conditions and covenants oE saiJ nate and this inortqage or either~ to perEoc~, co~aply vith
~ ~ and abide by each and evecy the agraeinenta~ stlpulationa, conditiona and covenants set
3~ tocth in sald note and this ~nortgage oc elthec. In the event the eoctqaqor faits ta p~y
~~~vhen due any tax, assessiaent, insu~ance pce~siu+n o~ othe~ au~n vE +~aney pa~yable by-vlrtue oE
~~~~said note a~d this ~nortgage or elthet the ~ortgagee ~ay pay the sa~e, yithout vaivinq oc
-.y~ aEiecting the optton to Eorecloae o~ any other cight heceunde~, and all euch payn~en~e
~,p shall beat interest Eco~n date theceoE at the higheat lawEu! cate then allowed by the lave
of the 3tate oE Flo~ida.
~ MOR?GACOR shall not wake any voluntacy tranafec oE the p~en~iaes or any pa~C thereof
vlthout the written conaent of the wortgagee. Any auch traneEec, tE the e?octqagee afiall
~ not eo conoent, ahall constitute a deEault undec the te~~a oE this inetru~aent, and the
~ortgaqee shsil h~ve'the right to declace the ur~paid balance, includinq intecest, leae any
~ rebate raqui~ed by law, due and payable at its option,
IP any su~ heceln reEerced ko be not pcoAptly pald withln l0 daya next aEter the aawe
becoaes due, oc lf each and every the egreewents, atipulatione, conditlona and covanants
. oE satd note end thi~ a~ortgage, oc either, ere nat [ully perEo~~ed, co~nplied with and
abided by, then the entire auw aenttoned tn said note, and thts woctgage, or the enlice
bala~ce unpaid theceon, less any rebate requlced by law, shall Eorthwith ~c theteaEte~, at
the option oE the wortgaqee, beco~e ~nd be dua and payable, anythiog tn aaid ~ote or
hereih to the eontcacy notwithatanding. ~ailure by the ~ockgagee to exereiae any at the
cights or options hecein provided ehall not constitue a watver oE any rights or optione
undec said note oc this a~octqage acccued or thereafter accrutnq.
; IN uITNESS NHERBOP, the said nortgaqoc haa hereunto ai ed and sealed these pcesenta
the day end year Eicst above vcitten. Signed, aled and tivered in the presence oi:
, ~
~ (Sea11
, . an -
3es1)
State of Pto~ida a y -j ng a
County oE ~L?G ~
t HERBBY CBRTIPY that on this day, beEore we, an ofEtcec duly authorized ln the State
' and County aforesaid to take acknovled ewents
aQpeaced i;aui~ ~/1flR r 9 . pecaonally
~ y L.M,.~~~ to ¦e know~ to be tha pecionis) desarlbed io ~
snd ~ho executed the Eoregoinq natru~.ent and scknowledged befare we thst
ezecuLed t~e ea~e.
r : -
; NIT ~y hand and oEElcial seal ln t County snd St e last a[oceaaid thia ~ day
~ °t ~ ' o. t9~
j . .
i (NOTAy AL S6~, l" ~L.. .
I : c , Notary Pu c
, , i . • (Hotatiat Seel)
~ . My Cow~taeton P.xpices: ~
' . . ~ • ~ i ,
n i o i 2 .~qT4+RY; RUBLiC~ 6TATB OF FLORIDA R~~ ~1 .
~ ~ IJIY CO~!`I'SSlt~'V EXPIRES APRIL4,188~QOK PAS< <I
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