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HomeMy WebLinkAbout2304 . ts ~ ~ 15~`.~i:J THIS INCENTURE. JN~tl~ ~ ~th d.y of Februe ry ~ . n.o. ~9~Z.,, e.~ District Adv3sory Boerd of the Flor,ide Diatrf~t ['hurc?h of t?~e Nazarene. a Floride Corooretionj not for nrofit o; _ Y`8 gA , Cqx,~y Fbrida. hatiiwhM dtaign~ted as tl~ "MORTGAGOR," and fIRST FEDERAL SAVINGS AND IOAN ASSOCIA1tON OF fORT PIERCE, ~ owpowtion orp~nis~d and ~xisYinp w+d~ tM laws of tM Unit~d Stu~s of Am~~iu a~d Aavinp ita prl~dpal piac~ of busi+~ in tM City of Fat Pi~ra: St, luci~ Counry. f1aW+. henirNha d~sipnated as th~ "MORTGAGEE." WHEREAS th~ MORTGJIGOR is ~uaty ind~bt~d to th~ MORTGAGEE in ~w swn of i a O~ n~ ~ pood and tawfvl maKy of tlw United Srefei ~dv~rKed by th~ IMpRTGAGEE u~ro tM MORIGAGOR, ai wideixad by a certa~n promistwy ewtt of ew~ d~te Mrwvith. of which th~ foilowinp in words snd fipura it a nw ooPY. w~wif: ~ 12 ~000 _ 00 ll~ . OOI~ F,r, P+..~,, f~~d,, February 4 19~_ For valw r~uiwd, 1, wr or sitM~ of us, prom;se 1u p~y, w;thout d~f~ication, to tM order of FIRST FE~ERAI SAVINGS AND IOAN ASSOCIA110N OF ~ORT PIERGE ~t Fort Pipq, Florida, th~ sum of x 12 ~ ~0~ • ~0 with intere'st f~om date af the rata of per ~nnum, in monthly ir?it~ll- menrs ~s follows: _~07 • 00 p~ th~ 10t~y e( _ M~ V 19~S~L and . lik~ :wn oe tM coaespa~dMp day of ~ach manh tlwr~- after ,,,,t;~ r~. 6. ~ih a~ Each irqtallment fint sh~p be appliad in p~yment of the inte~est and thcn oa the unpaid bil~nce of ths print~p~l wm. If default is mad~ in tM payment of ~ny iratallm~nt when dus. and such debult tontinws 30 days, then st the option of the holder, snd without any other notice, all tht remafninp installrnMts ~Iyll be du~ aod p~yabl~ af antt. P~ivily~ is yiven to pr~paY thi~ nots in whok w in p~rt ~t any time without pen+ly. Neit forebssrante, nor scc~ptu~e~ by th~ hokJ~t tAN~of ahe~ my defsuM in ~nY payme~b hereen, ~11 b~ deemed extension. A I~te p~yment dwr~ of i~ sMll b~ added to each irotallm~et r~Minp w~paid 7 d+ys afh~ ib dw dat~, ~nd a lik~ sum sMll be added a esch tuch instdlmN+t r~ininp ur~id 7 d~ys afM each tuocNdinp payrtNnt d~t~. Each msksr, wnry and sndoaar he~eof, jo;ntly and s~ver~lly, waives demand, p~esenrment p.otmt snd notice of proteit fw nonpsymsnt, and furth~r agrees to any ~xteesan of ti~n~ of paym~~t, either befors w after maturity, without notice to any of us; and to p~y ~II tosts of collettion, includinp • :eaionabk attomey'i fee ie~ the event of sny defautf hereunder, and hereby severalty waives all berrefit of homestead and exemption under the tanstihrlion and lawa of exh Sbta of tM Unit~d States, as againit this obligation or any extensa~ a.~Wai r,~~~f. D~STRICT ADVISORY BOARD OF u+~ of w~+r. THE FLORIDA D7,~S RICT CHURCH OF THE NAZARENE / ohn L ~ ~ ~wq ~SGi?U t~?U ~ 18 . 00 , s~,~ R.,,M,,, (Stampa twiplbd on oripiMl not!) . r NOW, THEREfORE, ths MORTGAGOR fw tM purpose of secvring p~yment of isid sum oi t non _ n~ pe~~~ y» coveninri ~nd ~pr~rn~nh hsr~u~+h~r txpreued. ud fa dvers yood a~d vslwbl~ cauidewtioea, by thes~ presann. doet yr~nt, bu~~ln, ~ell, nmis~, releese. oatv~y u~d confirm unto tM MORTGAGEE, ih successas and auig~s, aU tMt cert~in lot, p'~eq or parpl of land, titwt~. IYinp, and bsinp in th~ Covnty of $ t. Lu c i e St~te of Fbrid~, d~scribed as fotlows: The West 350 feet o~ Lot 57 of MARAVILLA GARDENS, IINIT ONE, as per plat thereof on file in Plat Book 6, at pege 55, of the public records of ~t. Lucie Count~, Florida,~,i ' ,LO°' - 1N PAITMEN~ ~7AXE~ ' pgGpYED f ~KGIBIE PEg~NA~ P~~ERT'~• E W~ CL 10 CN/~PTER Zd~2t. AC`~S OF 1Y41. ltl , a~_~ 1 ~ C~: "r t"' L~i i t f? f~ F'17fLSllA1'1T~„ ~,,"@!~ C~ fW11 ~r:+11rf ? ~ DOCUMENTA.p ~ ~STA~~1P T<+_ R F ent for CU:7iS M. JAMES' ~ = fES2a'67 <~;t ` - ' 8 0 , °S ~ ?ox Collector ~ V cot~t?:ROI! Ea ~ St. i~~~~~~ DEPU7Y CI.EftK ~R,1°Q139 _ '_`c~:'~--~~ ~ 8y t 1 rogeth~r with all and tinpvlar tM t~nnn~n», Mreditamenn snd ~ppurtances Mereunto belonpin~ w in anywise apperbiniig therNo, and all renn, bs~ra, ~ proceeds ~nd pofits aoauirg snd ro accrue hom ssid premisas. al! of whid~ ue included in the abow a~d fapoinp daaiption and h~bendwn. ~ i TO HAYE M10 TO HOLD the abow descrtbed ~r+d Q?anted premises ~nto the said MORTGAGEE, i» sucusson snd assipns fonwr. Md th~ satd f MORTGAGOR for ~t9 IKin. ~xecutors, administr~tws and auipns, hereby aoven~nfs with tla ~aid MORiGAGEE, its waesson and atsipir, that ~t i9 lawfully s~;zed of the ~aid premises in fee simple; that the sarne ue h~e, clear and dlschuged from dl liaa «+d ~ i b~ancei in law or in e4vitY. ~nd th~* it will and it8 he~.s •h.11 warranr .nd d.f.rxi ~hs ti~l. w NK we. ro Nu wW MORTGAGEE, its woceuors and assip~q, fwtver aqainst tM tawfut claims snd demsnds of ~H perswut PROVIDED, AIWAYS M~at N tM AAOR?GAGOR sh+ll pay unro the MORTCsAGFf the promissw~ note hereinbefor~ d~saibed ~+d shall truly, promptly and fully perfwm, d'ad~ay~, ex~a,t~, compl~t~, comply wirh and ~bide by each a~+d ~wry the stipubYans, ~yreemenn, conditaro ~nd covenann of said promitlpry npf~ and of tAis Mwpape, dxn tFw Mat9~ye and the Estate hereby veated shall ctase and b~ nuil and wid. IT IS UNOERSTOOD that the wwd "Mort~~por" whetf?er in fhe sinpulu or plw~i ~nywhert in this Mwtyaye, shtll be si~Qulu if on~ on13 1 shsll bs pl~nl ~oir?tly and tweraly if mor~ than on~. ~nd that the word "their" as used anywMr~ i~ thK Mortq~e sh~ll b~ t~k~n to mean •'F~i~,•• "hen;• or "its;' whntwr tM oom~xt so impliq a ~dmits. Also, thar wlkreve. rhere is a r•ferenoe in ih. co,reo.nn u~d .yraernenn Iwein oom.in•d ro ary of she pani~s h~nto. th~ s~me rhall corotrved to msan n well u th~ hein, Ip~l represent~tives, waeuon and assipra (either volvntary by act of tM panies or invol~ntary by op~raYan of the Iaw) of the same u~d that the covensnts f+~rein contained ~hall bind and th~ ba~efin and advantapes inun ro the rap~cttw h~in. Ipal ?~pnseet~tiws, woces~ws and asryiq of the parties her~to. F Md said Morq~pon, for tlwens~lv~s and their Mirs. Ipal repreisntativea, auccesson and asyipr~s, her~by jointly ud s~vKally cav~nant ~nd ayr~e ~ ro snd with tht s~id MORTGAGEE, its s~cc~s~ors ~nd aasipro: i 1. To p.y •11 and s~npula. ~h. Prinapal and imKest and tM vuio~n and ~vndry sums of mo~Y P+Y+bb bp vinw of s~id pomiswry ~a», and M~ia nortpap~, MtA and wNy. P~~W~Y d+Y+ ~~P~ivtty tIN s~rnt. sewraliy betortr due. Z To p~y dl wd sZgvlar ?M ta:~s, aueumenn. Iwies. Iiibil;r+es, obliyarions and ~nwrnbnnces of ~wry rwtur~ and kind now oe said d~scrib~d P~oP~NY, a Nwt hwtaft~r nNy bt impw~d, suffend. P~~ced, levied, a aueased tl~~on, or that h~r~~fte? may b~ Iwi~d or auesud ~rpa~ thi~ Morq~ aA~, w th~ k~d~bNdnen Narrad l~~by. ~ad~ and twry, whan dw and payable. ~ooadkg to Iaw. befon th~y become d~liix~uent. ~nd before a+y int~r~st attathts w Mry pMahy $ LKwted; AN~ INSOfAR AS ANY iHEREOF IS OF RKORD THE SMAE SHAII bE VROAMTLY SATISf1ED AND DISCHARGEp QF RECORp AND T?1E QRIGINAI OffICl/1t DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENOORSEp OR CERTIFIfD) SMAIt EE PtIICED IN iHE HANDS Of SAIp MpRiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~~d i~ th~ ~v~M tl?~t any tlwriof i~ no1 paid, ~t:~fid ~nd d'sdwt~d ~aEd MORTGAGEE may at sny tirt~ pay tM sama w aey part thereof withou~ waivinq w affectinq uiy option, lien, eqvity a •~qht undK w by virt~r~ of this mortyape snd tht fvl( ~n+o~mt of ead? snd ev~ry s~ch payment :1?~II be +mnediatety due ~nd payabk and shal! b~a? Intsr~st ~ <<orn tfit d+t~ Thenof u~til paid at rat~ of nin~ per «ntum per • ~i w~th s~th intereir ihall b~ secvred by the lian of th:s mwyta~e. ~800K 1U~ PAGE~OQ - ~ ~t::»~