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HomeMy WebLinkAbout1997 ~ :~F THIS INOENTURE, Made tha 2~1d - day of sl~lLlf1 ~ , A.O. 19_~ between _ J c~hnn~ R. ~Q ~~r 8 r , $ s of ~St• Lu~'+id tounty Florid~, hereinefter designeted as the "MORTGAGOR," end fIRST FEDERAI SAViNGS AND L0.4N ASSOC~ATION OF ~JRi PiERCE, a torporation or9ani:ed end exittinq under the laws af the Unitcd Statas of Amarica ac~d having its principat place of bu~inass ;n tha City of Fort Pier:e, 5t. lucio Gounty, fbrida, h~rtinafter designared as th~ "MURTGAGEE:' WHEREAS the MORTGAGOR ~i juatly indebted to the MOftTGAGEE in the sum of S~ ~~2~ • O~ - , good and lawf~l money uf the Un~ted Statns edvenced by the MORTGAGE: vnro tha MORTGAGC3R, as evidenc~d by a certain promissory note of aven date herewith, af vrh~ch the following in wo~ds and f' ures ii a t-u~ cop~, fo-wit: 2, GO No 12 . 8~~ Fort Pierca, Flo?ida, JUTl~--22a ~9~ For valve receired, 1, we or e~ther of ~s, prom'is,e t~o7 ~j'a~ withou4 defa~cation, to the order of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort P~i~e~r.jca, Florida, the sum of j~iL~• ~0 with interest from dete at the rate o~% per annum, in menthly install- ments ai fol!owi: 5.--~-~Fv • G~ - on the 1 thday of A~u$ ~ , 19~ and a like wm on the corresponding day of each month there- afrer un~il the whoie be fully paid. Eacn installment first shall be applied in payment of the interest and then on the unpaid balance of the p~~ncipal s~m. If defaulf is made irt the payment of any instai(rnent when due, and such defav~t caminues 30 days, then et the optlon of the holder, and wi;ho~f any other notice, all the remaining insrallments shail 5e due and payabte at once. Privilege is given to prepay this note in whole ar in part at any t~me without penalty. Neither ~f~o~rebearance, , nor acteptance by the ho!der thereof after any default in any paymems hereon, shall be deemed extenston. A late payment charge of ahatl bc added to each installment remain~ng u~pa~d 7 deys after its due date, and a like sum shall be added to each ~uch installment rrnaining unpaid 7 deyf after each w~ceed~ng payment date. Each maker, surety and endorser hereof, joi~Ny and stverally, waivea demand, presensment protest and notice of pretest for nonpayment, and further agreea !u any extension of tin,e af payment, either before or after maturity, without notice to ar.y of ux; and to pay all cosss of col~ertion, indud~ng e reasonable attomey's fe? in the event cf any defauL• hereunder, and hereby severelly waives alI benefit of homestead and exemption under the constitutian and laws of each State of the ilnited Stutes, as against this obligation or any extension or renewal herenf. Witness the hand and seal of each party. ~f Jahnn~ R. Boatri~h~- cseo,u Minni~ Boatri~~_ cs~a~~ (SE AL) (SEAL) t ~ _ 2~ ) $tete Reven~e (Stemps cancell~c! on original rtote) C NCW, TH"cREfORE, the MORTGAGOR for the purpose of securing payment of seid surn of #~,.723-~0 , and fhe performance of ihe cavenants and agreemen~s hareinafter expressed, ar.d for diver~ good and valueble con~ideretions, by these presents, daes grant, baraain, aell, remis~, releas~, tonvey and confirm unto tha MORTGAGEE, its sutcessors en~ aisigns, ell that cerroin lot, Fiece or partel of land, iituate, lying, end being in tha County of S t. Lue ie , end State of Floride, described ioilows: Lot 5, Block N, of AL.AMANDA VISTA 5UBDIVISION, as recorded in Plat Book pag~ 49, of tha public records of St. Lucie Countg, Florida, . ~y PAYMc`~T OF TAxE5 It£CEIV~D ASS `C' 1NTANG194F PERS'~"1A~ ~~OPERTY, DUE OH PURSUANT70CHSPC'Rrk ~i cti};t u~t~g4 ROG~R FOl7RA-, os Ag~+t for CU~.YIS M. Ja`~~5 7ax Collecror S~. t,~. ~'e~~-~~ ta~ ~ S ~ AT N Ap~ S 0 Pi U~ ~ ~ REPU7Y CLERK Q ~ pQCUME s ~Y, ~ ~ ~ ~ _ ,M124'S5 `c , ~ r,,~. ~ ~ ~ o= t7 ~ p>~.~ i N V COhtP7RCLl 5.^. - k F~~.t`•4~3. i ~ tagether wlth all an~' singular the tenement:, hered~taments snd sppurtances !hereunto beionqing or in anywise appertaining thereto, and all rents, i~iuei, proceeds and profits ac~ruing and to accrue from said premises, all of whith are includrd in tfie abave snd fore9oiny detcripsion and habendum. ; ~ TO HAVE AND 70 fiOlD the above described and granted prsmi~e~ unto the said MORTGAGEE, ih svcces:ors and a~aiqnt forever. And the ssid MORTGAGOR for heir3, executors, adminittra!ora and afsigns, hereby covenents with the said MOR7GAGEE, its successor~ end auigru, k that lawfully seized nf the seid prem~~es in fee •imple; th~t the same ere frse, tlear and diuhargcd frorn all lirns ar~d ancum- brar.ce~ in law or in equ+ty, and that t~_.. will and t~4P iI'- heiri thali warrsnt e~d defend the tit!e to the ~ame to th~s ta+d MORiGAGEE, its fuccessars and assigns, forever against !he lawf~l claims and $emands of all pertons; PROVIDED, :+i1NAY5 that if tne MORTGAGOR ~hall pay unto the MORTGAG@E tha promi~sory note hrreinbefore dstcribed and shaH truly, promptly ~ and fully perform, diuherge, exr<ure, completa, comply with and a69dc by each and every the ~!ipuletioni, agreements, conditiont and covenants of iaid prom~saory note and of this Mortgage, then thi~ FAortgage and tfie Estate hereby treated sha!! tease an~l be null end void. ~ IT 15 UNDERSTOOD thr~t the word "Mortgegor" whether in the singular or olural anywher~ in thif lNortpaQe, shall ae sinyuiar if one only snd ~ shalt be plural jointly and uverolly if more than one, and that the word "their" n wed anywhere tn thls Mortgage ahal) be taken to msan "hi~;' "her~," o~ "its," whe:ever the tontext ao implie~ or admits. Also, ihat wherover thern ii s teference in th~ cove~ants and as,~reertsants herein tonteineti fo any of the perties herrto, the ~ame ~hali be conatrued to maa~ es well as the heirs, legal representativei, succesiws arsd essigns (either voluntary by act of the ~ parties or involuntery by operation of tha law) of the same aRd that the covenanfs l~wrein conteined ~hall bind and the txnefits and advsn!aqes inurt to the respettive h~~ri, legal representatives, ~ucceswrs and eu°gns of tha psrties hareta. ~ And seid Mortgagors, for themsefves and their hein, legsl representative~, tucce:sors •nd assig~s, hereby jointly and uverally covensnt and ~qroe to en~ with the raid MORTGAGEE, irs sutcessors end aisign~: E 1. To pay ali end oingu~ar the printipal •nd intert~t and the va:iaus and sundry •um~ of money psy~ble by virtut of said promissory nota, snd thii mortgaqe, each arw every, promptly on the dsyt raspectively the seme a~verally becom~ dve. `r T. To pey +II end firgular the taxes, asse~smenri, levies, liabilities, obliq~tioa» and •ncumbr~nces of every neture ~nd kind now on said descr36ed ~ property, or that heroafter may be imposed, suffared, plated, levied, or asKSted therwn, w that hereaftet mf y b~ levied w essea~! upon thi~ Ahortp- age, w the indRbtedness ~etured hereby, each and evary, when d~s ~nd payabie, accordinp to law, befoev they betanr d~linqutnt, ~~d befw~ ~ny intsnst atr~ches or eny penalty it incuned; AND INSOfAR A$ ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SA?ISFIED AND DISCHARGED OF y RECORD AND THE ORtGINAL OFFICIAL UQCUMENT (SUCH A5, FOR ItvSTANCE, THE TAX RECEIPT OR 7HE SATISfACTION PAPER OFFICIALLY ENDORSED ; OR CERTIFIED) SHAII BE PLACED IN THE HAN05 OF SAID MOitTGAGEE WItHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof i< not pa~d, set'sfied and diicherged sa'd MORTGAGEE may at sny time pay th~ seme or any p~rt thereof without waiving or affecting sny option, lien, equity or •~qht ~nder or by virtve of this mortgage and the full amount of each snd every ~vch payment ~hall be immediately due •~d paysble and shall be~r interes~ ~rom the date thercof until pa~d at rate of n~ne per cenrum per ennum ar.d t a er w~th svt~i~t ~hsll be secured by the lien of th:s murgtage. ~ ~ ~ S ~:1~,K. 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