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HomeMy WebLinkAbout0882 e -- mls INOfNTUaf, Made It- 16th d.y 01 March A.D. IL.6.L ~~ Ra'y-P. letn....-aIld 1.0ulSLG. Lein.--hLs-wl.fe"'; !.AVINGS AND LOAN f St. I. n r. I e _ _ Counly FI<orid., .....I".It.. de.ign,'ed ~. lhe "MORTG,-GQR:' .nd flllSl HD~RAl o - - - . and . I und.r I' I WI of the Unlled S'",~ of Amar;,.. .nd having it. p<ir:ci;:.l rl.ee 01 ~SOCIATlON Of FORT PIER<::E, . corpotation org.n....d. ""..1 ng . ""I~ .... "MORTGAGEE." bu.I"... in 1M Cily of Fort P;"c', SI. lu<i. u.unly, flond.. he<..".ft.. 0..>9'" It, 6 000 00 f S' 0 __~ oood .nd 1.....lvl ,ncney 01 the Un,r..d WHEREAS lha MORTG".G0R i. lu..ly Ir.<labla<! 10 lhe MCRT~AC,EE In the .vm ~ . .,Ie of .ven do.. ~,....."h. 01 which r'.e lollo....,ng in S'aI.' .dv.nced by lhe MORTGAGEE unlo rho MORTGAGO., .. ,vk.~need by . c.n.,n ptotr'luory " ;ort ;'dd15u;~d · I.... copy, lo-wit, 16 March No 9204 19_6.l. F"rt i'1erc., Florid., I I I FIR'T FEDERAL !.AVINGS A~D lOAN ASS<XIATI9N of FORT PIERCE, wilhoul ......,.1 y prom.. to pay 0,) .. . ,. .-.!L r ce-nt r. 'nnum. _, .t it, office in fort Pi..".. Flonda. With mterel' .t tOe r.t. o. _ L~ pe pe For v.lu. received ~ or w. ioi'.l!16 or d.hlcotion, ,''' .vm 01 $ . OOO.~ pay.bl. in lhe lollowing manner, . h $ 60 .1)0 upon the 1 s t 01 .ach .nd .very monlh he<e.her un'.! lha .,~II prmcip.1 .um, w,'h in'ere.', fI.. ~n paId; ..,d mOl1' Iy d 1 .nd ,L.en 10 ,''' p.ymenl of principal. Privil~ <>1 m.k:ng poymenh in paym.nll .h.1I b. .pplied fir.. 10 ,''' poymenl of iM.re" 0" ,... u"p.i b. once, advone. cf due d.l. i. rel.inad. be I ed M h ncla I IIornay at 1_ for collection In whkh .venl I or _ Thi. noIa ~ nevoti.l;I. .nd if del.u.1t In p.ymenl OOC,''', m.~ f p oC d I~ 'f' ~,': ~ak&r guar.nlor or .ndorMI: her.by .ev....lly W.;Vfl ag... 10 pay the coett 01 collection, includIng · ..lIon.bI. .'torney. ..,.n e. . 0 va. wI' Lei n dem.nd. nolice of non-paymanl .nd prol.., 01 thit nol.. S Ray P. (SEAl) S/Lou I ~e G. Le I n (SiAl) , (SE Al) (SEAL) { 6 .00 ---> Sial. R.va""" (Slempa cancelled on origin.1 nol.) 6 000 00 NOW TH~REFORE, tha MORTGAGOR for the purpo.. of wcvrlng paym.nl of ..id """ of $'. .nd the perform.",e of lhe ntt..:o ...........tt ......;"""., .xpte...o, .nd lor diver. 11000 .nd v.lv.ble con.io.,ltiont, by lhe.. ptetentt: doe,. gr.nl, ~..g.;n. .ell. rem;.e, ~I ag~ trm u10 1"_ ......."TGAGEE ill '<Ke<!UOu .nd .ulg"', .11 lhal cart.ln lot, pi,.:. Of" p.rcel of I.nd, "ru.t., lYing. ."d be:ng in Ih.. r. MM, convey con rM fn'IJ. , County of 0 u c e , .nd SI.t. of Florid., c1eacribad .. follows: 8 Bl k 2 IRENE PLAZA, as per plat thereof on file in Plat Book Lot 1 of oc , 9, public records of Saint Lucie County, F'10rld8.~ page 33, ~hat with III .nd eingvl6r the t-. haradit.menl1 and IppuOancea Iha..unfO belonging 01 In anywi.. appert.ining lhar.to. Ind .!1 ranl1, IuUfl, ptOCMdt aM profitt eccrving .nd to ICCNe from ..id ptOOf!lbet, .11 of which .re lndvdad In tha above and fOfagoing delCliplion Ind hab.",dvrn. 10 IiAVE AN'tftO 'fliP tha above deIolbed Ind gr.nt'" ".."bn urilo the tft::I MORTGAGEE, 111 .ucceuon .nd ...ig'" for.....r. Anc: the Mid MOITGA~ 101 e heirs, uecuton, admlnittr.lon 1M 1ul9N. heteby cov.nantt with tha ..id MORTGAGEE. 1!1 WCCIIIOrI Ind IUIgnt, that I!!Y It. r e lawfully IClud of the ..Id ptarcu.... in fee tlmp'", th.t IN ..me era fr", d.., .nd ditcharvad from III ltons end e'K\l~ br_ In law Of" In equity, .nd thet th ey ....iII and thei r he;,. sh.1I w....nt..nd def.nd In. 1111" 10 the lAma to the lAid MORTGAGEE. ItI tuCC8UOn .nd '~I;ns. fOtlVlt ag.inst lhe lawful cl.lrna .nd dernM.dc of .11 p....on.' PROVIDED. ALWAYS thaI If the MOlTGAGOtl .hall pay umo t~ MORTGAGU the promilaory note here;nbefor. dosaibad .nd ....11 Irvly, ptomptly and fully perform. diKlwlrge, executa, compIall, comply with Ind .bide by Mch ItId .very the lIip'~laliont, agr"mantt, condiliont .nd covlnMltl of Mid promluory noli and of thit Mortvage, theft rille Mortvage end the bl.,. hereby crN'-G ahall c.... and be null Ind void. IT IS UNDERSTOOD that the wo,d "Mortg.gor" whether In. the .!ngu16r eM: plutll Invwt-e in this Mortvage, 1M" be aingulor If one only .nd ahall be plurll jolnlly and ....,.,.11y if mote than one, and that the won:! "thair" II IIMd .nywhera in th.. Mortgag. .hall be I.~en 10 me.n "hit," "n.n,N or "itt." whet...... tha context - lmp/ift or adrnlb. Alao, that 'KharIVlt th.... 15 I refw..- ... tt_ :t."_nan1. 1M agraam.n11 herein cont.ine610 {,ny 01 the partial herllo, the ...... ahall ~ ~fr_ to - .. ,.,.11 .. the hei,., lag.. ~llIivn, .vcc..,~ Ind ...igntl (,"her volunl'ry by Ie!' of the pariia or lnvG/unt.ry by operllion of Ih.& t.wl of the ...... end 11wl1 the ~fth hantin contained w!i i.>ind .nd the banalits Ind actv.ntlgft lnvr. 10 the rMPldlw hairs. lag.al rlpt_lat~ IUCClIMOn .nd MIle.... of the pll'fle' heteto. AJ'd ..Id Mottf;agort. fo:>r lhemaalvet 1M thalr MIn. Iega! rapt..enllll....., "'llnll~.. and MIlQnI, hcftby JoInlly Ind ..verllly cov.".nt IncI agree to end with the ..id MOlTC'...'GEt" !n ~ and 1Uig_ 1. To p.-, .11 andllngut. ..... prlnc!pal and inter..t .1Id !fta ~ oIftd aundry IUmI of money pay~ by wIVe of uld promluC:lrf note. and Ihil ~ MCh end -r, ptomptfy Oft the d.ye tlSpeCtlYely the _ _ally become clue. 2. To pI~ "II and tlngular the m.., 1t<118WI'lIntI. 1..,Iee, 1lIOllltlae, cbI~ end encvtnbr.....J ':If IWrf MIur. and kind now Oft 141d dncrlbed property, 01 that .......ftw may be ~, iVff.,ed, pIKed, 19v1ed, Of -..d ~ Of INt ....r..f:., !NY be i_led or ~ U;>On thll ~ age. ox 1M Indebt~ MCured har-ab"(, MdI ~ "'ny, when clue and peylbla. _ding 10 '-, <<fora they l>.:oo~ dalinqvant, Ind befor. any IntWKt '".Khet or any penalty .. Incurred, ANO INSOfAR AS ANY THEREOf IS OF R~D THE SAMf SHAll ~E i'ROW'TlY !.AYISflfD AND DISCHARGED OF RECOIlO AND THE ~IGINAl OfFICIAL OOCUM(IofT (SUCH AS, FOR INSfANa. THE TAX RECEIPT OR mot SATISfACTION PAPEq OfFICIAllY ENDOItSED OR CfRTlFIED) SHAll aE PLACED IN THf HANDS Of SAID MORTGAGEE W1Ti1\N TEN DAYS NEXT AFTER PAYMi~"T; Ind Ir. the IYenl that arty thereof II not paid. ...titfi<ld and dlKh.'9N .-id ".oRTGAGU rMY II any lima plY the ....". N ...., pert the'l<lf without waiving Of affecting Iny gption, 'lw>, equity Of" ,~hf uncia< Of br vi"... cf this mor.oaga and ..... lull ImOunt of HCh end -rv Iuch plyment sh.li be iltVt'ledi.,..,. dU6 .nd payable and ....11 baal' i,.lltell frc.m 1M dr.e thereof unl/llNid II rete of nine pat CIntv.1l pat """'"' Md ~ with auch Inter..t ahall be MCUraO by the I'en M Ihit morQt"9l.