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Home My WebLink About0971 ~zii o~~~~'R ak a~a ~i 1~1~.'~ ~~,~1 l"~~ r~~~,.oa v~, Fort Plerc~~ 331~0 ~ M TGACB, made this 21at day of Septemb~r , A. D.. 19 87. between Alvin L. CordB ~ Diana R. Cords. his vife (Mortgagor) snd _ Rivereide Nationa B n sf F1_°~ da (Nortgagee); WITNESSBTN, tl~at lfQrtgagor, for and in coaeideration of the preai~es and in ordcr to secure the payment of the principal and intereat on the Contract (as hereinafter defined)~ Hortgagor hereby grants, assigns tranBfers and r~orkgage to Mortgagee~its successora and q~ ae8lgna forever, tl~e folloWing described real property ~ St. Lucie County, Florida to vit: Lot,18, Block 3295, POR'T ST. LUCIE SECTION FORTY-NINE, according to the Plat thereof as recorded in Plat Book 20, Pages 13, 13A through 13D of the Public Records of St. Lucie County; Florida. This mortgage is subordinate to Chat certain mortgage in favor of Riverside National Bank of Florida, recorded in 0. R. Book 55S Page 2381, Public Records (herein~~tL~~'r~'~~~~e~o~~t~~ ~~gr~}tgaged Property); and tiie Mortgagar does here6y fully Warrant the titie to tl~e Mortgaged Property and Will defend the same against the lawful claims vf a22 persocte whomeoever. PROVIDED AI.WAYS, that if Alvin L. Cords & Diana R. Cords . (Insert Name(s)) the aiaker of tl~at certain co~~tract dateJ tl~e date liereof (tl~e Contract) their I~eire, legal Yepresentatives or asaigns shall pay to Moxtgagee the principal sua of ~ 17,210.30 as evidenced by che Contract, with interest and upon the teras as provided therein, the final iaaturity date of tlie Contract and of tiiis Mortgage being September 21, ,19 97, which Contrect provides that all installments of principal and interest are payable at the office of Z~lortgagee, or at such other place as the holder may deaigaate in writing, and that each maker and endorser agree to pay a21 costs of collection, including a reasonable attorney's fee, upon default in the payment of the Contract, and that if default be made in the payment of a~y installment thereunder and that if such default is not made good in accordance With the teras of the Con- tract, that the entire principal sum and accrued, earned interest shall become due and payable wi.thout notice at the option of the holder thereo~; and ahall perforw and comply vith each ~nd every stipulation, agreement and covenant of the Conttact and of this Hortgage, then this ~ortgage and the estate hereby created ehall be void, otherwise the same shall remain ia full force. Maker covenants to pay tl~e interest and principal prowptly When due.t~lor~gagor covenants to pay the taxes and assessments on said property; to keep the improvements no~ existiag or hereafter erected on the property insured against loss by fire, hazarda included aithin the tera~ "extended coverage", and such other hazards as Hortgagee ~ay require and in auch aewunts and for auch periods as Mortgagee may require, With a company approved by the Hortgagee, vith a standard aiortgege. loss clause payable to Mortgagee, the policy to be held by the Hortgagee; and to keep the building on said land in proper repair. • Should any of the above covenants be broken then the Contract and all moneys secured hereby shall,Without demand,if the Mortgagee eo elect, at once become due and payable and thie ewrtgage may be foreclosed, and all costs and expenses pf collection and reasonable attoraeys~ fees, including costs, expenee~ and reasonablg artorneys' fees, including costs, expenaes and reasonable attorneys' feea on appeal, if collected by Zegal proceedinga or through an attorney at laW, shall be paid by the Naker, and the same are hereby secured.. IN NITNESS WNEREOF, tlie l~iortgagor has executed the Mortgage as of the date firat above set forth. Signed, Ses2ed and delivered in our preaence: ~ \ ~ - ~ ~ s~. ~ ~t ) . ~ , (Hortgagor) Alv n L. Cords . ~ ~ ~ ~ (s~?t.) . ' ~gor) Diana R. Cords STATE OF gI,ORIDA _ . COUNTY OF ST. LUCIE ~ r ~ j,= r _ . - -`.'~7 1 - ~ ' ~ I HEREBY CERTIFY, that o'n cnis day, befor• e~, an officer.duly authorized i~ the State of aforesaid and in ti~e.Counky aforesgid to take acknosrledgements, personally appeared Alvin L. ~ Diana R. Cords to ee knavn to be the person(s) deacribed in and s+ho execut'ed the foregoing ins~ru~ent and who ,•.~,i acknowledged before o~e that 'they executed the same. f=:t- WITN~SS my hand and official seal in the County ~jte last aforesaid thie 21st day of _ September , A.D., 19 g7 . - ~ ~ ~ ~1~~/~ 1 " ~ , . ~'f~r~ ~ ~ Rr~'t i: RN T4: • N t~b RIVFRS:DU N~Tlni~'AL' • - M ma~s ` ti`• Lxpires: , B.ANK OI~ I~I.URIpA ~s. ~ ;''"qpj~pY PU2LIt S1~TE ~f FlQ'iLA ~X 92 Recc~ved S_~ _y tn Paymen} Of Taxes ~~~JSS10M ExP. OCt. 7.15:~ pu= On C~~ss ~~t~~ tns~rtn ble Persortal Prope~ty; ' Bp~O iNAY 6F~FRiI IR3. U~J. . Purs..~n~ Tu Cl::•p'er 71, 134, Aets Of 1971.~;.a~d .3 0 ~vu~~AS o=XON, ~ ~ R 5~ ~F ~ 970 Clerk Circuit Coun, 51. Lucie, Co., Fla BQOK ~ ~:r:~,,~,~ - _