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HomeMy WebLinkAbout2140 - 14~U33 ~ THIS INCENT(~RE, AI{~ th~ bth d,y ~ October , ~?.u, w~ b.,W..~, JoaeDh R HeWman end Helep R Newman his xite of _ S t.. LUC e Cpy~~y F~~, ~ein+ft~t d~sgnated ~s tM "N10RTGAGOR," ~e~d FIRST FEDERAI SAVINGS ANO tOAN . ASSOCIAiION OF fORT PIERCE. ~ oapor~tan o~niztd u+d ~xiiiin~ w~der IM laws of tM Un~t~d Stat~~ of Arnaka and Mvkp iM principd pl~a of bu~in~u in tM Cby oi Forf Piaa~, St. lud~ Ca+nty. fbrid+. Mr~in~ha d~iipnat~d ri th~ " TGAGEE.•• WHERfAS tM MORTGAGOR i~ ~tly ind~bt~d w th~ III?ORTGAGEE in tM svm of S~~ 2~~ . OO pood ~nd lawful mo~y of tM Unit~d Sra~e~ ~dv~nad by th~ MpRTGAGEE w~to th~ MORTGAGOR, as ~vida+ced by a c~rtai~ promissory note of eva~ daro haswith, of wh;cl~ 1M fol{owinp in wwda and fiputN b~ hv~ topy, 1?wlt: ~~~200. 00 N, 1 ~,.389 Fort Pi~rc~, Fi«~a., October 6 19_~ for v~lw r~iwd, 1, vw a~itl~ of ~s, promis~ to p~y, withoW d~f~lcuian, to tfie orda of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE ~t Fwt PiKa, Florida, Na svm of = ~ ~ 2~~ with inte~eit from dah at tM rat~ 01~1.~L~96 per uu+urn, in rtwntMy iratall- ments p follOws: ~J~~. on th~ ~day of _N~V~ibBr' - 19~ ~ed a lilu svm on ths curt~pw~dinp d~y of ~acA month tMrr efter until tht whol~ b+ fully p~id. Each irotallment first ~hall b~ ~pplied in paymcnt of ths interest ~nd thcn on tl+s unpa~d bala:~ce of ~he principal sum. If daf~ult is mad~ in tM payment of ~ny iiaqllm~nt wMn dw, and wch def~ult contin~es 30 days, then at the optwn of the holder, and without ~~y orher notice, al! the remain;np ~nsratlmenq shall b~ dw and piyaW~ a/ once. P?iv;l~ a piven to prep~Y tha ~ote in whol~ or in p~h at any t~me witho~t pa»Ity. Ntither for~b~a~~nu. 3 nor acc~ptanc~ by th~ holdu ther~of ahK ~oy defauh i~ sny payments hereon, shall be deemed extensan. A I~ts p~yme~t chup~ of ~ 2.15 shall b~ added fo ~ach inilallmsnt rtmalniop unpaid 7 days ~fter its dw dale, and a like wm shall be added to e+ch s~ch insuliment ramaininp unp~id 7 days aftar eech s~dir?p piyrt~ent d~t~. . Each makr , surety and endorser heswf, joinHy and teverally, w~ives demand, preser+tment protest and notice of protest fw ~wnpayment, and fuAF~ agreet to ~ny extsasion of Y~ of paym~nt, aifher before or ifte~ maturity, without notice to sr?y of us; and to pay all cwts of collection, includinp ~ reasonsbk attomty i fee in 1M event of sny default herwrder, s~d hereby seve~aUy wsives s!1 benefit of homestead ~nd exemption under the constitulion and laws of eath St~t~ of th~ Unit~d St~tes, as apainst thi: obligatan w any exteniron or renewsl hereof. Wite~ss tF» IMnd +nd aeal of esch p~rty. s Jcas h R. Ne~naen ~ s Aelen R. Ne~+man ~ ts~w ~ 6.3~ ~ s~.~. a~. ~ cst~mps tar~ll~d aipin.~ not.~ . NOW, THEREFORE, th~ MORTGAGOR fw ths p~rrpose of secvrirg payment of said sum of i ~+200•~0 u~d th~ p~?fwrrwnc~ of th~ coven~nn ~nd apr~em~nri Fwninaher ~xpteued, u~d fw divers 9ood and valuable considerstions, by tl~es~ presenri, do~f yr~nt, barp~in, sell. ~emis~, release, oonwy ~nd confirm unto tM MORTGAGEE, its wcceuws and ~s~ign~, aU tMt certain lot, piec~ or paresl of land, sitvate, fyirg, and b~irg in !!w Co~nty of St_ I.11(`-jA , and State of fkrida, dswibed as follows: Lot 11, Block M, HARMONY HEIGHTS SIIBDIVISION, eccording to the Plat thereof es recorded in P18t Book 8 at page 24 oP the public records of St. Lucie County, Floride,~ z ~ N~vt ~ f ofr~'~ 7/" P*,~ qM~. ,*cA='1y~~3>~. i3~ ~ F ~ ~ .)t S ~,~~Ay~~~,~ ~'yt~ . ~,c~~~° ~~.g7 ~ ~ _ ~ t)t'~ r~ S')'' t: ~ A i 5 i~ i t r ~ u h~ °~~~;,A G~ u,, oF t1a F e~ ~u- ~t~i v~" DOCUMENTA~" STAMP TAX 9lv`'' 4-~~ ";~x G° ~ ~ _ = ^.~~E T _ _ _ Ay.; D~pU~V GL~~' > = OCT-T66 c - St.~~'~s » ~ ~ = '.r~h~• U 3 O~ ~ fn U C0~IPTROIIER = ~ P.6. ~4~~as 61 i ~ rr~getF+K with all and sinpvlar tM t~xr?ts. Mredit~menb and appunances thereunM b~l«gieg a in snywise ~ppert~inirg tMrNo. ~nd a0 r~nb, h~ws, proceeds and profi» scvuinp and to xcrw from wid premaes. ~!1 of whid~ are irKJuded irt tM abwt and forparg description snd M6endwn. TO HAVE ANO TO MOtD th~ ~bow deuribsd and Q.anted premisss ~nto the said MORTGAGEE, its woaswrs and usiyra for~vK. llnd th~ aaid MORTGAGOR for the i r execvton, sdministrators and auigro, hereby covensnb with the ~aid MORTGAGEE, iM wcc~ssorti ~nd asipna, rhar thB,Y-~I'g. lawfully ~eized of the said pamises in fs~ simpl~: that th~ wn~ are frN, clear ~nd difch~rp~d from ~II lieru ~nd ~ncunr ' i brarxes b~ law a in ~q~rity, and th~t thev_ w~n .~d the ir hein sha~~ wuram and defMd tM titb w th~ s~em ro tF~ wld MORTGAGEE, its svoaswn aod assipro, forewr ~yai~ut the lawful claims ~nd d~mands o1 aN perswisj PROVIDED, ALWAYS t1?~f if tlr MORTGAGOR ~hafl pay vnto the MORTGAGEE th~ promisrory rat~ hertinbefp~ desoib~d ~+d dull hvly, prornptly and fuly p~rformi, d'ad~t exeait~, compbt~, comply with and abide by esch and every tF» stipulatiom, ap~e~rnents, oonditlpu ~nd coveMnfs uf said promit~ory not~ u~d of this µortyap~, th~n thit Maty+ye and the Est~te hereby aeated shalf ceak and b~ null ~nd wid. IT IS UNDERSTOOD th~t th~ word "Morty~par' whetf+er in tl+e singular or plw~l ~nywMn in this Mwtyap~, i!?all be s'ngular ff orr onl~ 1 •hat! be plwa) ~ointly ~nd s~wrslhr 1f mon th~e~ on~, ~nd tMt tAe word "their' as vaed saywhere in thi~ Mort9a~ sMll b~ taken to rmsn •'his,•• •'Mn;• or "in:' whaewr tM oor+»nt so impliss or ~dmits. Abo, tMt wherever there a a r~fsre~a in th~ cove~+nb aid preamenb her~in oootainsd ro any of fhe partia haNO th~ w~w shall b~ eoiutroed to mear+ a well as the hei». I~y~l representatives, suaeswrs ~nd auipro (~itF~n volw?tary by ~ct of tlr par!ies w invokrntary by operation of the law) of the same and that ttK covenann her~in ca?taie~ed shall bind ~nd tM b~nefi» and advant~pq 4+un ~o rF» rapsuiw M'rs, Ipal npraeeitsriva, wccesson .nd ass~ns of th~ p~ni~s her.to. Md ~+id Mo~yo~s, for th~mwtws and tMir I~ein, ky~l ~spre~entatives, sucus~on and assipns. l,~reby jointty snd swaally oown~nt and aprN to and with th~ said MORTGAGEE, its avocnsws ~nd atsipns: I. To p~y all aed ~inpular t!w pri~cipal ud intaest ud the various and svndry Hwrn of mo~ty p+Yabl~ br vinw ef ~id promiuwy nob, and tF~is monpp~, ~ad~ ~nd wMl?. P?omPth on th~ days tespettivdy tM tsmt stvtr~lly bscome dw. 2 To psy ~11 ~nd sinpular t!N axa, asksinrnts. Iwies. Iiabilitia, obleQarions and ~ncvmbranc~s of ewry natw~ and kind now on wid daaibed P~oP~nY, a Mwt Iwr~af»r en~y b~ inKwwd, svff~r~d. P~+ced. Iwied, a~fMSffd fIflllOfl. Ot tlNf I1lINffN 11Ny ~ IlYNII Of aseusd vpon tNs Morq- aQe, o~ tM bd~badr»s~ s~c~x~d l~~by. wch and way, whan dut and psy~bl~, aocordirg a taw, befw~ tMy becomt delinquent, and befan any inq?~st ~ attecfxi or ufy perwlty is fncurred; /1ND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISFIED AND DISCHARGEp pF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, 7HE TAX RKEIPT OR THE SATISFACTION PAPER Off(C1AllY ENOORSfD OR CERTIfIE~) SHAIi 6E P'UlCEO IN THf HANDS OF SAID MORTGAGEE WIlHlN TEN OAYS NFXT AFTER PAYMENT; srwd in tlw tvent th~t ~ny ther~of is not pa~d, iat:sfied ~nd dischar~ed said MpRTGAGEE may st ~ny i~me pay the same w~ny part thereof without w~ivirg a~ffecti ~ ^p nY uPtio~, li~n. MuitY or •~ahr unda w by virtw of this mortyap~ ~nd tFw full ~movnt of each a~d wery wth paymeM sh~N be imn,ediatety due and pa~able and ahall b~ar inte~~st s~om tht date thtreof until p~id st nte of nin~ pe~ centum per annvm such interq(~be secwed by tlx lie~ of th:s mwqtap~. ~60~0lf~~ PACE ~ ~f~ ~ ~ ~,~-~x ~ , _ _ • r ~ ,