HomeMy WebLinkAbout0942 MORTG~IGE 83f~03 0~° ~
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TMIg RTCAG~ xe uted the 8th day of July A.D. 19 87 ~
by Pedro~osado an~ ~artGen Rosado hecelnaftec call~d th~ ~octgAgor
to Southern Pools • heceinatte~ cAll~d the
soregaqee: ~
(Nhetev~c used herein the te~ma •woctgaqoc• and !woctgagee• i~alude all tho parties to ~
lhia inst~u+~ent and the hefrs, legal repraaantatives and,aasiq~a oE lndividu~ls, and the ,ty;
succea~ors and asaigns oF cocpocationat and th• t~cw •note• includ~• al~ th• ~.:.r:: h~c~in 'b :
describ~d it ~or• than_one.) , . I~• i
~
MITNBSSBTH, thst ~or good and valuable considecations~ and also in coneideration oE the ;
agg«qale suw na~ed in the proe~iasory ~ot• at av~n da~~ hec~with, h~~~ineEt~r deec~ib~d, '
th~ waclqagoc herfby g[ante. barqaina, aells, ali~n~, c~~la~~, conv~ys and conti[si uRto
the wott9ag~s all the cectain land of vhich the wortqagor ia now s~lsed and in possassion
situat~ in St. Lucie County, llorida, vis:
Lot 25, Block 616, PORT ST. LUCIE SECTION EIGHTESN, According to the Plat thereof as
recorded in Plat Book 13, Pages 17, 17A through 17K of the Public Records of St. Lucie Cou-
TO N~?V6 l?t~D TO HO~G the saAe, together with !he tene~ents, hecedite~ents and nty,~
appurtenances thereto belonging, and ~he renta, ieeues and prot_lts thereot, unto !he FZB~_f
wortqaqee, in Eee aimple. ~
ida.
AND the ~aoctg+~gor covenantrt with the eortqagea that the Aortgagor ia ledeEeasibly
aei:ed ot said land in tee si~nQle; that the ~ortgagot hae good right and lavEul authotity j
to eonvey said land as aforesafdJ that the woctgagot will weke eueh Eurthec as~ucancea to
perEeet tha Eee sia?pie title to said land !n the ewrtg~gee as way reaso~ably be requiredt
thac th~ wortgagor hereby fully warrants the.title to ~aid laed and will deE~nd the saa~e
againat the lawtul claiAe oE a11 peraons whoweoevert and that said land ia Eree and c2ear
of all ~ncu~bcancea. .
PROYI~ED ALiiAYS. that if said aortgago~ shAll pay unto sa~d ao[tgagee the certain
prowisaory note between the acties hecato, datad the 8th day of July , 19 87in
the vriginal a~ount of $.7,~91.30 , payable in 120 pay~ents oi # 132.14 co~~encinq on
the 14th day oE August 19 87, and shall pertors, cowply with and abide by each and
every the agieeAents, stipulatiorts, conditiana and covenanta thereof, and of thia
wortqaqe, then ibis ieortgage and the estate heceby created, ~rhall cease, det~twine and be
null and void. ~
l1NQ the ~aartgagor hereby fucther eovenants and agrees to -pay pcoaptly ~hen due the
Q, principal and -tnketest and other auwa of a~oney pcovided Eor in said not~ and this
~ wocCgaqe, oc eitherj to pay alI and sieqular the taxes, aea~sas4nta, levies, iiaoilittes,
q~ m obligatlone, and encuwbrances of every nature on said propertyi to perwit, coAwit oc
t!, ~ au[ter no waste, ia~pair~aent oc deteriocatio~ of said land or the iwp[ove~ent• theceon at
~ any tiweT to keep the buildi~ga now oc heceattec on aaid -land fully insused in a suw
auEticient to protect tbis moctgage in a coeepany oc cowpaniea acceptaDle to the a~ortgagee,
the policy or policies to be held by, and payable to said ~aoctgagee, and tn the event any
sue oE aoney becoAes payable by victure oE such Lna~erance the awctgagee shall have the ~
~iqht to ~eceive and apply the sa~ne to the Lndebtedness hereby secured, accounting to the
j N woctgag~c Eor any surplus; to pay all costa, charges, and expenses, including lawyet's - _
Eees .and title saarches reasonabiy incurced or paid by the ~ortgagee beaauae oE th~ ~
~ d~ Ealluce oE the ioortgagor to promptly and ful~y coAply with the agceeinents, stipulationa. :
4 3,1 conditioea and covenants of said ~ote and this aortgage or eithecs to pecEor~, comply vith ~
4.~' and abida by each and every the agree~ents, stipnlations, co~ditfons and covananta set
3 Q Eo[th Ln said note and this ~aortgage or eithec. In the event the ~octgagot faila to pay
Q f ~hen due any tax, assessment, insuranee p~eAiun oc othec su~n oE aaney payable by•vi[tue oE
sald note and this eortgage oc either the wortgagee ~aay pay the sawe, without waiving oc
~ aEfectinq the optfon to forecloae or any other ~ight hereundec, and all such paymenta
~ shall beac intecest fcom date thereof at the highest lavEul rate then alloved hy the laws
~G ot the State oE Flo~ida. .
- MORTGIICOR shall not~ ~ake any voluntary t[anafer oE the pce~oises or any part the~eof l,
vithout the wcitten co~sent of the a~octgagee. 1?ny such tranaEec, if the mortgaqee shall j.
not so consent, ;hal,i~ constitute a deEault urtder the tera~a of this instrument, and the t
! wottgagee ahall ha've the [ighC to declace the unpaid balance, including Lnteceet, less any
rebate cequiced by law, due and payable at its option.
IP any su~a hecein reEerred to be not prooptly paid aithin 30 days next aEter the sa~e
becoraea due, or iE each and every tbe agreeinenta, stipulationa, conditions and covenanta ;
, oE said note and thia moctgage, oc e:ther, are not Eully perfocwed, cowplied with and ;
~ abided by, then the entice sum ioentioned in said eote, and this wortgage, oe the enti[e ~
~ bal~nee unpaid theceon, leas any rebata cequited by lav, shall forthwith or theceaftec, at
the option oE the wo[tgagee, becowe and be due and psyable, anything.in said note ot ?
~ h~rein ko the contcary notwithatanding. ~ailu~e by the woctgaqee to exereis~ a~y ot the ~
efqhts oc optiona hecein provided shall not conetitue a aaiver of sny righta or options t
unde~ said note oc thia iaortgage accrued oc theceaEter accruing.
tH itil'NBSS itHBRBOP, the s~ca mortqaqo~ a hereunto aigned and aealad tbese presents
~ the day and yeac first above vcitten. Sig~ , sealed and liveced in the preaenee oE:
;
~ Seal) -
~ seal ~ '
~ State of P~ d CARMEN ROSADO
~ County oE V C~
~
~ i HBitEBY CERTIPY that on this day, beEoce me, a~ oEficer duly authorized in the State
and nt aEoresai t take acknowledgewenta, pecsonally
appeared ~~(~aj Z-CAR~•~/~ ~Pr-~~~ CU to ~ae known to be the peraon(B) described in •
and vho executed the Eotegoing instru~aent and acknowledged beEore ~e that
~ executed the s~ae. .
~
KITNe wy~hand~aod official s~ in the County and State laet atoresaid this ~ day
oE ~ • A: o. 19
.
(H RIA BBAL) 3 • •
~ I~ .~;s~~- Notary Pu c 0 R
- ~ " }:_-s tNotarial seal) ~ 8QOX5~o P.1~E 937
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~ ~ ~ r'` My/ CORIA~88L011 P.xpices:
• ' iMY C0,1~MlS51UN EXP.r~,F.S pUG. 7. ls9p
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