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HomeMy WebLinkAbout0485 n. R. B~'A THIS INDE~TURE. M.d. tho~~ day of __, DAW8Y Rom1 th And ( I \. \ i 57 un ,182. February Retty Fe &.a1 th, , A.O, 19..6 3 ,be.....'H1l hta ",tre of 3t.. Lucie , County flt'<Id.. her.INIt., o.tlgnal.d a' the "MORTGAGOR," and FIIlST ~I'DERAl SAVINGS AND IGAN ASSOCIA!lON Of FOIlT PIERCE, a COfporalion Drllanl..d and ..Ietlng und9t Ih. lawa of tM Un':ed SIal" of Amelka and having It. prlnclp.I pl_,.. 01 :w.in<t.. In Ihe C:ity of Fort Pierce, $1. lud. Counly. Florida, hel.INh... dealgNted .. the "MORTGAGI:E." WH{ltEAS lbe ~RTGAGOR II iUllly loo.bl.d to lhe MQttTGAGEE In the ,\lm 01 $ 12, 100. O~ good aOO lav <"I monay 01 the Unit~ SI.le. edval'lc~d by lhe MORTGAGEe unlo the MOilTGAGOR. a. .vldenud by a c.rtaln promiuory nol. of .v.n dal. hel.wilh, 01 which lhe following In word. and .li~UJ:f' It (j Ir... copy. Io-wil: $ 12,juv.rJ No.l:.2..t 941 21 February ~ Fort PI.rOl, Florida. For value re<eiv~d, I, we ~r eilher of UI, promi.., 10 pay. without defalcation. .to I.... order of FIRST FEDERAL SAVINGS AND lOAN ASSOCIATION OF FORT PIE!:CE al ForI Plerc., Florode. Ill. sum of $12, 3uO. 00 w,lh ,nt.ra'I'from dll. althe ral. of h~ ~r annum. In monlhly In.lall, ments AI follows; $_ 98" 2r; con lhe ~o..t.h day of April , 19~ and a "lik. .um on the corr..pondi"ll day of each monlh Ih.r.- eher until Ihe whole be fully peid. Each in,tellmenl filiI .hall be applied in paymenl of t.... inlere'l and 1....1'1 on Ihe unpaid bala"'. of I.... principal .um. If def.ult II mod. In Ih. poymenl of .ny inst.llmenl when du.. end .uch default contlnu.. 3v day., th.n al th. Oplion of I.... hold.r. and wlthoul any olh.r nolic.. all I.... remain:<>g installmenl. .hall b~ due and payabl. al onc.. Privilega i. Ilivan 10 pr.pay Ihll nol. In whole Dr In p..1 al any lime ""ilhout ~n.lty, Neilh.r for.baaranc., nor acceplanc. b', lhe holder'lhere-of afrer any default 11\ any ~ym.nl. h.re-on, .hall be d.emed .xl.n.;on. A III. paym.nl charge of $ 4.. 91 . .hall br .ddod 10 each inslallmenl r.maining unpaid 7 .ley. eftar Its due "'el.. and a Iik. .um ,haa be added 10 each .uc" in'lalllTl4lnt r.maining unplid 7 dey. alter each .ucc.eding peymenl dale. "- Each ma..r. .urely and endo..er her.of. jolnlly and ..v.rllly. ""aiV.I dem.nd, pre..nlmenl prole.1 and nollce of prole.1 fOl nonpaymenl, and further agree. 10 any exten.io," of 'ime of paym.nl, .ilh.r before or eft.. meluriiy, ""ill-",,1 notice 10 any of u.; end 10 p.y all Co.l. of coll.ctic.n. Including a re..onable allorney'. fee in Ihe evei'll of any def.ult ....r.und.r. and hereby s.v.rally .....ive. all benefil of hom.'lead and .xemption und.r the conllilution .nd law. of each Slate of Ihe Unit<trl Slale.. .. agalnll Ihi. obliiilltion or any ext.n.ion or renewal ".reof. Witness Ih. hand and ,..I of each parly. ~~ ~:~~~ ~l~~ith 12.30 '- ) SIel. Rev.nue (Slamp. cancelled on OIillin.1 nol.) NOW, T~~REFORE, Iha MORTGAGOR for the purpose of ..curlng pay",enl of ..Id .um of $ 12,300. 0 0 and th. performance of lhe covenanl. and .Jr..menl. her.inelter expr.ned, and for div." good end valuabl. con,ld.raliona. by theM pr.""I., d~. granl, barglln. ..11. remi... r.le.... conv.y and confirm unlo Ihe MORTGAGEE, 1:1 .uCce"Oll and ...Ign., ell Ihal cerlein 101. pIe<;. or percel of lend, allualo, Iyl"ll, and being In .he County of 3t. Luo le _ and SIal. of flolida, d.wlbed .. follow.. Lot 4 Block 5 ORANGE BLOSSOM ESTATES, to the Plat thereof as recorded at Page 6 of the P~b1ic County, .li'loride.. according in Plat Book 11 Records of St. Lucie n~'..~.v~d $ . ? Y. /-" . ~-~ ~ I~I ""m"nt f I (;~, Clor^ 'c.' I ~ ,,----- . ,'..!"'. 0 ,axes du.] .v" n J~I . P"'_ !., U:iip~cr 2072.; " : ... "-.'. '.. : '^:":ij' pursuant "I . ',"".1., c..; ,,' "LZl --0~. [7; . '--'. .. ."~ '/2. ". v ~~7. < ~7.a..l...r<.. '_.' ',c I. (,;Y f .:',d3 '-.Q" lopether wilh III and lingular Ih. I.nemenl.. heredil.ments end oppur1lnC.' thar.unlO belonging or In anywl.. appertalnl"ll tMrelo. and all rants. luue.. proceed. .nd profit. accruing and to .ccrue from said pr..mi..., all of which "e included In Ih. abo". .nd forwgoir09 dewlpllon ar~ habendum, TO HAVE AND TO HOLD IIle .bov. d..cribed and Ilr.nl.d premi... unlo lhe .eld MORTGAGEE. II. .vec.non and ...igns fOlav.r. And I.... ..Id MORTGAGOR for t h A 1 :r h.i... execulor.. .dminiatratc.II and .nlgns. hereby Covananl. ""ilh ,.... uid MO!:nGAGEE, II. luecellora and ...Igm. !hal -the'y--a:rl3'-- lawfully ..iled of lhe .aid pr.mi... In f... .Imple; Ihal lhe uma el. fr..,. clear aOO dilCherg~ from aa lien. and .ncum- brance. in law or in equity. and Ihal they will a"d the 1.:r h"l" .h.ll ""arranl and d.l.nd the lit Ie 10 the ..r.l. 10 I.... .aid MORTGAGEE, i1. .uccenors .nd alligns, forev.r aglin'l Ih. la""ful clllm. and dem.nd. of all perlON: PROVIDtO. ALWAYS Ihal if Ih.. MORTGt,GOR .hell pay unlo I.... MORTGAGEE 1M promlllory nol" h.r.lnL.elore dflcribeC :o"a .hlll Iruly. promplly .nd fully perform. d,acharg.. execute, compl.te. comply with and abld. by each and .very Ih. .tlpulal;,.,n., agreemenll. c".,diliona and covananll of ..id promiuory nolo and of thl. Morlg.g.. lhen this Mollgag. and I.... Ellal. her.by aut.d .hlll cen. and be null and void. IT IS UNDERSTOOD Ih~1 Ihe word "Mo.tgagor" w....thD, Ir. Ih. ~lngul.r or p;...rll an}whar. In Ihi. Morlgeg.. .h.1I be .iro<;jullr if one only end .hall be plural ioinlly and ..verllly if more than 0"'.. end Ih., Ihe word "Ih.ir" .. uud a"ywl-e,e In Ihi. Morlgage .hall be '"ken 10 n..n ..hi.... "hell." or ..il.,.. where,er Iha conlexl .0 implies or admits. AI.o, Ihal wharever Ihe.. I. a roferan,. In Ih. covenlnl. end ,.gr...m.nll herein conl6lMd Iv any of Ihe partie. herelo. Ihe .am. .hall be con.trued 10 m.ln .. well a. Iha ....111. legll r.pre..nlalivn, .UCUIIOrs and u.ign. (eilhar volunl.ry by act of Ihe p."ie. or involuntary by opera lion of Ihe law) of the .."'. 1i1Cl Ih.1 Ih. cov.nanll hereir conl.lMd .hell bind and Ih" benefill and ..dv~nllg.' In!Jr. 10 th. re.pectiv. heirs. lega' r.pre.en'alive.. .ucr.euors and alllgn. of lhe p arti.. heroto. And .aid Mortgagors, fOI th.mulve. and Ihelr he;". legll repre'enlally", .ucc.noll and alllgn.. her.by lo'nlly and ..v....lly CO\'Jn.nl and egret to and with Ihe .aid MORTGAGEE, il. '\Jcc~uor' and e"lgm: 1. To pay all .nd .i"llular th. princip.1 end Interell and ,.... ',.rlou. an d .undry .um. of lTlOMy plyabl. by ...irtu. of ..Id promiuory I1<'le. Ind thl. mortg.ge. ..ch and every. promplly on lhe d.V- re.poctively 1116 UITl4l ..verally become due. 2. To p.y .11 and .ingul.r Ih.. lexe,. ."...rrenll, levin. lIabilillu. obI;gatlOll' end encumbrance. r,f ,very n.tur. and kin<! now on ..id d."ribed properly, or Ih., herear'er may be impo.ed. luff.r.d. pllced, lavl.d. OF aunud lhareon, Of 1".1 herulter may be levied or auelled "poll Ihi. Morfg- 'ge. or lh. inde0!ednell .ecured hereby, ea,h and evary. whon duo and peyabl., KcordirY,J 10 II"', berore Ih..y become d.linq'Jenl. end befora any intera" : '" chea or any penal!y is inc.;,..d; M,D INSOFAR AS ANY THEP.EOF IS OF RECORD THE SAME SHAll BE PROMPTlY SATISFIED AND DISCHAl<GED OF RtCO;,D ^"D T:l~ 0'<' ;; ;Al OFFICIAL DOCUMEfH (SVCH AS. FOI/ INSTANCE. THE TAX RECEIPT OR THE SATlSFAClION PAPER OF;:ICIAllY ENDORSED C~ CfR~IFI[D; ~.H:,ll '>F PlfCtO HI THE HANDS Or SAiD MORTGAGEE WITHHI TEN DAYS I,EXT AFTER PAYMENT; ond in II.. evenl thol any Ihereof is nol r.d .J. ,..' s~;"d o"d d,s::....,;,d ,a'd MORTGAGEE may at any I;."e p.y 11>0 uma or an} parI thereof withovl waiving or aHecting any ~p:'on. li.n. equity c;.: ".,I,! ,"Olver or b( .. !u' r.: th:. .coOrtgo>ie <ncf Ihe full .mounl of each end .very .uch paym.nl .h.1i be immediat.ly due tnd paYlb\e .nd .hall belr intere,' "o,r. :h.. tl.lc :'.;,,~:f unlil pod dl 13le of n;ne per centum rer ennum .nd f<>-Jel/ler w::h luch Int.re.t .h.1l t~ 'ecured by Ih. lien of 11.;1 morglag.. (SEAL) (SEAL! (SEAL) (SEAL)