HomeMy WebLinkAbout2574 ` . 1.~1R1`.?~ ~
rna i~t~t~u~, M.d, ZOth ~y ~ Dene~nber w.o~. ts~{~..,, baw.«~
~ Kel~ y on t~+Ln ~i on Compa~Yi a Fl nri An rn,~+r~n,•p ti
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~ of .St. Z+LlC~a ~,p~h F~xid~, 1~~inaA~r dMipMnd ~s tM `MORTGAfiOR,° aid FIRSS FEDERAI SAVINGS AND IOAN
I?SSOCIATION OF fORT NERCE. ~ aaporation aryanlad aewl ~xwtinp ue~ tM I~w~ of th~ iJniNd St~hs of AnsKfa and kaviep Ut ptlncipa) ~il~ of
j bcn~wa M~M Ct~r of FoA Piaw St. l++ci~ County. Florid+~, her~k~aha d~sgMt~d a ~M "M~~?~,?~~
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WMEREAS fh~ MORTGAGC~R k jualy ind~bNd b tht MORTGAGEE in th~ sw++ of ~ s Q~ tood aed (aMr{y) ~nonsy of th~ Unihd
Srar~s ~dvanad by th~ MORTGAtiEE w~to th~ MORTG/?GOR. as tvidawd by a artain p~onNSw~y note of twn dat~ iwrNwith, ot whicA tM folfowinp In
' wordt ~nd fiptKN N~ frw c~opy. fPwih
~ = 18.500.00 ~ 9 1
\ ~ P~ ~.,~,r Deaember 20, 19
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v fwr vah» ?~o~iwd, 1, vv~ ar ~itl~ p4 us,~°~'~j a p~Y, withovl d~fslurion, ro the «dK of fIRST FEDERK S~AVIN~G~S+ ANp 10/1N ASSOCIATION OF
FORT PIERCE at Fpi Pi~roi~. Florida, tl» sum of ~ j 50~ ~ Q~ w~th inLht'est from dat~ at th~ ~~N of Sd p~r ~nnwn, h n~a~tMY Fu1a11-
menn q follow~: ~ ~~I,{ q~ th~ ,~.~,.~3 d~y of Anri
1 ~ 19SZ(~ and a lilt~ swn on th~ oorr~wn~Gnp d~y of e~ mOeM tMr~- C
.frer until rM whol~ b~ fvlly p~id. .
Fach instsl4mnt Mt sAall 4~ appli~d in p~yn~ent of th~ interest ~rd tMn on tM w~paid b~lanc~ of tM pia+ap~l wm. If d~fwh b ind~ in 'Mw
payment Of My installrt~t when du~ and wch defwlt continves 3p days„ thee ~t the option of th~ holder, ~nd withou~ aoy otl~e. not;ce, aN tM nm~inin~
~nsraun+«+a ~hau b~ dw and payabM ae ono.: vr~v~~ ~s ~~wn ro prepay rims noa tn w1wt~ « tn ~ ~t .~+y r'~m. wirhour p.n.hy. N.»her for.bMrano~,
nor acc~ptana by tiM hol~a tlwrwf ~fter any default in anY P~Y~~~s ha~eon. ~h+U b~ dee~ned extensio~. A late WYmero ch+?~ of ~~~~~~11 b~
edded ro~ad~ ieuulMnent nmainw~p ~w~p~id 7 days afta i» dw date. aed a lilu wm sMll bs added to ~ad~ such imt~{4nent ~an~irunp w~paid 7 days ~ft~r
eacF? uiooNd6g Wl~nt dat~-
Each mak~r, axNy and Mdo~~ lNrwf, jointly and aever~lb, waives dem+nd. P?esantma+t protest and notio~ of prw~sl fw na~WYmw+t. ~nd fwthw
eqree~ ro~ny ~t~nsion of tim~ of paymeat, eirl+er befon a aher m~tu.~ry. without notice to any of us: ~nd ro pay all oosts of coll~etlw~, incivd'uq a
reaion~bb ~ttora~y's f~ in th~ ~wat of any default hsreunde~. and Mreby severatly waives all l~a~efFt of homestaad and exanption under th~ oonatitvtian
and laws of tach St~t~ of 1M Uniud States, ~s apainst this oblipatw~ or sny e:tsesion or rcnewd hereof.
~t~a . th~ hwd and ssai of esch p~riy.
K 1 Co u 3 ~
Bp: a Kelly Hall, Presiden~
a~+u
~ 2? . 75 ~ s~.~. R„,«,~,. ~u
(s?.mp. anaiNa on «iptnd noh) i
NOW. THEREFORE. th~ IfIWRTGAGOR fw the purpose of securt^p Wtm+ent of ssid wm of ; 18! 700 ~ Q~ . and th~ pnfornwno~ of th~
covenan» and ~~wnb h~r~irwftu ~xpreued, aid fo? dvers 9ood and v~IwNe cemideratioes„ by tMs~ present~, does ~ant. bK9ain. s~N, ~enis~,
releau, oonwy and'oonfinn una th~ MORtG/1GEE; its a~aessors ~nd iuigns, dl tlwt outain tot. pieo~ or parcel of hnd, sitwq, Iyirg, ~nd betnp H tA~
c«mty of 3t . Luc i e ..nd sut. of Fbrida~. davibd toirows:
Lot 2, Bloak 6, ORANGE BLOSSOM ESTATES, SECOND ADDITION, as per plat thereof
^ecorded in Plat 9ook 11~, r,aRe 2, public records of St. Lucie County, Florida, ~
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rogethar with aIl ~nd siegula th~ tsne~+en». hered'damenn snd appurtarvices tf~eraueto b~l«ginp a in artywis~ sppatainirg tlwNo, ard all nn?t. t~?p„
prote~ds and prof'AS aarvinp and b awvt froen ~a~d per»i~es, dl of whith an indudet! in the ~bov~ and
~+P~^0 ~~P~ion vd Mb~ndixn.
TO W1VE AND TO MOID 1M sbov~ destribed and y?anted ptemi~es unio tl~ s~id MORTGAGEE, its wotpao~s ~nd stsipns fottv~r. /1nd th~ sNd `
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MORTGAGOR for i't9 he'va, executors, administrabrs ~nd auigro. I~erEby oove~anri with the s~id MORTGACaEE, its wopssors ~ed Ns1pn~„
rhat it ia l~wivly ae~zsd oF th~ sa~d prem~es in fe~ simple: that th~ wme an h~e, t1~ar and dhchary~d fran ap li~ns and ~naia? ~
brancts in Iwr w In ~q~ity. ~nd th•* i t• will uid i t8 htks sh~ll watraM ~rd defad th~ titl~ to th~ sam~ to tM s~id i
MORTGAGE~ iy qiopsson and a~s;pro, forrwr apsinst tht 1~wful elaims aod derew~da of al! persorot
PROViD~. AIWAYS that if tlw MORTGAGOR shall psy unto tbe MORTGJIG~ the promitw~rr ~ot~ hereinbefon dew~d and sh~ll frv~Y. W~Mh
and fully P~n~, dndw~. ~xKVf~, comPl~t~, oomp~y with and abide by tach and Mry th~ stipulations,
promiuory nrib and of tl~is Morlp~, t}wn this liAortyape and the Estste h +9~eaments, oond'diwis and oorMUnts of Nid
ereby ue~ted shaN cea» and bt rw!! and ruid.
IT IS UNDEQSTOOD tlNt tM word "Mort~~yor" whetl~er in the ainqvlar or plura! anywiw» in 11w Mortp~ye. ~Full b~ sinpular lf one onh i
sh~ll b~ plw~l joimly ~nd kwwlly if ma~ th~n on~, and th~t tM wwd "th~ir" ~s uscd a,~ywhen in flds Marqsyt shNl b~ tak~n to m~an "t~b„" "Mrs," }
or •,ib~•• wMrwv t!w aoet~ut w impli~a a admin. Also, th~t wherewr there is a refsrenn in th~ coverwnts a~d prsem~nb 1+ersin aomakwd to a.ry d 7
fM patLs lwnto~, tlr iariw ahali be wnstrusd ro mean as well as tlw hein. I~yal nWaentativa, wa~:son snd ~ssgns (~NF~ votuntary by act of th~ ~
parties or imolw~t+rY b'l~ ap~ratan of the law) of the sarnt and thst ttN covan+nts hu~in cc~tsi~ad ~hall bind and the b~fin and dv~ntapp inun ~
ro tM ?uP~etiv~ h~irs. Npd r~ew~~~fiws. woces~ors and ass~~a of the partiws her~ta ~
Md uW AAw~p~pon, for tlwrraelv~s and their he'v~, lesal rep~esertsatires, u+tt~sson a~d auf0~. ~~Y i~~Y +~?d s~wraly oowna~t ~nd ~prK
ro and wilb 11M s~id MORTGAGEE. its woo~sfa~s +~nd ~ssigro: ~
1. To p~y dl and ~npulr th~ pinrip~l and int~est and th~ vuious and su~dry wms d money payabb bp virtw of ~aid pro~nissory noM, and this
morrpa~. wcb and ~v~rY. ?~~P~N on rh~ da~ re+Peefivelr N» same sswr.lly bscorne due.
2. 7o pap all ~nd si~y~br t~w tuns, nsavn~n», bvies, liabllities. oblg~tans +w+d snax~~anas of wery Mtun and kind now on said daaribrd ~
w~h, a Mrt h~nafw mw be Lnpo~~4 wffa~d, daoed, levied, w aa~swd H~e.wn,, o~ tMt hertaft~r m.y b~ Iwi~d « a~d upon thb Mar¢
e9~. or th~ iid~bMdnras t~cw~d I~~by, e~fi snd ~wry, when dw and piyable. +ooo+d'r+p to !aw b~fon N»y baonw d~linqwnt and b~Iw~ aey M~rat
anacF»s p an~? pe~~hy is i~wwr~d; AND INSOFAR AS ANY THEREOF iS OF RK4RD THE SAME SHALL 6E PROMPTLY SA?ISfIED AI~ DISC!lARGED OF
RECORD AND TNE ORIGINAL OFFKIAL DOCUMENT (SIKH AS„ fpR INS1/INCE, THE TAX RECfIPT OR THE SATISfAC710N PAPfR OfFlCIALIY Etr00RS~
OR CERIIFIED) Si4ALL dE ?tACED IN THE HANpS OF SI11D MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; u~d in tlr ev~nt tMf any tliu~of is no1
pa~d, s~t:sfiwd ~nd dadwped s~id MORTGAGEE may at ~mr timt pay the ssme or arry put thereof witho~?t waivinp o~ affectiep tnY option, li~n, piriry a
~iqht urd~r a b~? virh+e oI this mort9~e ~nd the ful! xravnt of esch and every w~d~ paymtM ~lwll b~ immediately due ~nd payaW~ wd shall btx iM~r~st
~.om tM da» tMrwf vntil paid a~ r~t~ of nine p~? centum p~r • ~~~ethe~ w~th sixh ir?taest shall b~ sen,red by th~ I'~en of ths mwytap~. ;
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