HomeMy WebLinkAbout1386 . • : ~b4~~:~
THIS INDENTURQ AA~d~ th~ lC~th d~Y o{ Februarv n.o. 19~. MtwNn
Jose F. Valdivi~ and Teresa Valdivia, his ~ei_fe.
pf St. LUC1C , Co~nty Florida, htrtin~h~r dt~lpn+ted 1M "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO.LOAIr'
ASSOCUTION OF fORT PIERCE. • corpwatwn organized and exi~tinp uoder ths laws of tM Unit~d Stat~i of Americ~ .nd havirg in pr~,ctpa~ p~~cf of
busineu in tM Gity of fut PiKC~, St.,luci~ County, Fluid+, hereinafia d~sgnated a~ ti+~ "MORiGAGEE." •
WHEREAS tFwe MORTGAGOR a(uqiy ind~bted ro tF?~ MORTGAGEE in tM ~um of = 24 , OOU. ~0 , good and lawful money of ihe W+hed~
Sbtet advanced by tM MORTGAGEE ~nto the MORTGAGOR, as evilenced I[y + certain promissory ~o?e of even date lurewith, of whtch tF~ tollowinp in
words ~nd ~~purei is a trw copy, to-wit:
s ~a,ooo.oo _ ~ 14~705
fwt Pi~rce, f~,rid~, Februarv 10, ~q 68
Fa vatve received, I, we w either of ut, promi~s to pay, without d~fslcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fo?f Pierce, Fbrids, the sum of = 24 with inrer~sr from date a~ the rate of 6• 7~ pe~ annum, in monthly inslall-
me~+e as followi: i 166. ~ lOth day of June ~9 68 and a like sum on ths caretpondinQ day of esch month thert-
sfter untit tlx whole be lulty paid.
Each installment fint shall be applied in payment of the interesf and then on the unpa~d batance of the prinupsl sum. If de(aulf is mads in the
payment of sny installment when due, and auch default continues 30 days, the~ at the option of the holder, ~nd withoul any other notice, all the remainirg
ins~allmenti sh~ll be dus and p+yable st once. Privitege is given to {xepay this note in whok w in part at ~ny t~me without pcnalty. •Neither forebear~ncs,
n:,r accep?ance by ~he ho~dar thereof sfter sny default in any psyments hereon, shall be deemed extension. A late payment chuge of s 8•~~ shall bs
added to each ins~allenent remainirg unp~id 7 days afier iri due date, ~nd a tike sum shall be added to each such installmeM remaininp unpaid 7 days aher
each i~~:reding paYmcnt date.
E~ch maker, aurety and endorser hereof, jointly and severally, waives demand, p~exntment protest and notice of protest for nonpayment, snd further
~grees to a~y exte~sion of time of payment, either before or after maturity, without not~ce to any of ~s; and to pay all costs of collection, includiny a
reasonable sttorney's fee in the event of any default hereunder, and hercby severelly wsives all benetit of homestead and exemption under the constituYan
and laws of each Sute of the United States, as against this obligatan or any extension or renewal hereof_
~t~ess the hsnd a~ seal of esch party '
Jose R Vald~v~a ~?U
S/ Teresa Valdivia ~?q
cs~?u
cs~?u
^ $ 36 . 00 ) State Reveoue
(Stampz unoelled on wiqi~~l note)
NOW, THEREFORE, the MORTGAGOR fa the purpose of secu?ir?g payment of said sum of s 2'4 and the pe~fwmanc~ of tM
covensnts and +greemenn hereirufter expressed, and fw divers good and val~able considerations, by thes~ presentt, does yrant, bugain, sel1, remise,
release, convey ~nd confirm unto the MORTGAGEE, it~ tuccessws and auigns, a11 that cert~in bt, piece w pucel of I~nd, situate, lying, and beiny in th~
~a,~..~, ~ St . LuCl@ and State of Flwida, d~suib~d ~s follaws:
Lot 8, Block 2, GREE?~700D, according to the plat thereof recorded in Plat Book 11,
at E~a~e 41, of the Public Records of St. Lucie County, Florida,
s ~X~s
. Gi r~~Nt ~F ~;ERt'l.
~ (J a~N"`
~ NG~gtE ALt~ Gf ~g .
~.L \Nj~Rp9Z`~:.t C~tt
~~~~MM~~H~~*~ f,S
~Ca~ P GV~~S C 'e~°~
~ 5 I 1 G - ` ` ~ l. ~ i l ~ ~s Ap~ tox °11 ~ C~,
~ F- DOCUMEnTH~'~~,5-!~P•:,~ ~iia%C OEP~
z fil~
a = FEB12'b3 - ~ -
~ ~ _ ''~~:i' 3 6 0 0- M
N CO%PTRCLLE~i~~.; - -
PR.~on~ga ```_~_c.~~`-----~.
topeth~r with ~II and iingul~r tM tenemenb, hered~tamenn and appurts~xes tF+ereunto belonping a in anywise appenainirg ther~to. u+d rents, iuws,
proceeds u+d profia xuu~n~ and to ~cwe from s+id premises all of which ue included in the abor~ and fwegoin~ descripYan +nd h+ber+dum-
TO HAVE AND TO HOlO tF~e ~bove dewibed and yranted premises unto the said MORTGAGEE, in wccesson ~nd auipru fw~wr. Md tM wid
MORTGAGOR for the i r ~;n, executors, administraton ~nd asi~yns, hsr~by covenann with the s~id MORTGAGEE; ~i~a wactuon +nd +atipro.
th~t thes' `~re lawfully seized of the ssid premises in fee simple: tMt tM s+me are fre~.. ckar ~nd dischar~ed from all litnt and N+cwn-
br~nces in law w in eq~ity, snd that they will and their heirs shall wur~nt and d~fend t}w titb to tM tartN fo the s~id
MORTGAGEE, its s~ccesson ~nd assigro, forever a~~irut tht lawful cl~im! and demands of ~II ptrsons;
PROVIDED, ALWAYS thst if tF?e MORTGAGOR iMll pay unto the MORIGAGEE iM p~omiswry note her~inb~fort d~wibed and ~hall truly, promptly
and fully perform, discharqe, eaecute, complete, comply with and abide by esch and every the stipul~iwns, a~reeA~ents, conditiora and covenanti of ~aid
womissory not~ and of this AAortyaye, then this Nlort~age snd the Eit~te hereby aeated sMll u+se and b~ nvil and void.
IT IS UNDERSTOOD that the wwd "Mortyayw" whether in the sirgular w plural anywhere in this Mort~+ge, iFull be sinqul~r if one only and
•hali be plural jointly ~nd sever~lly if mwe tMn on~, and that the wad "t Fxir" ~s u~ed anywhere in this Mwt9aye sMll be taken to mean "hi+; •••hen
w"its;' wherever the conteat ~o implies a sdmits. Alw, th~t wF~erever there is a reftrence in th~ coven~nri and agreements herein contsinsd to any of
the parties he?eto, the ssme shsll be construed to me~n as well ~s ths hein, leyal rspresentatives, succeswrs ~~d aaipns (sithe+ voJumary by act of th~
partas w involunt~ry by operatan of the I~w) of ths s~me and that the covensnts her~in contained shall bind •nd rh. benef~n ~nd ~dv~nt~pn inurt
to the r~spectiw hein, I~yal represe~t~tives, succeuws ~nd +s~~yns of tM pani~s hsreto.
And s+id Mortgsyors, fw themselves snd their heirs, leyil repreientatives, sutcessors and auiyns, hereby jointly ~nd sevcrally coven~nt and ~pree
to and vi,::~ trye said MORTGAGEE, its aucceuas and +ssi~n:
1. To pay ~II and sin~ulsr tht princip~l ae~d intKest and fh~ v~rious and sundry wms of moMy p+Yab~e by virtue of said promiswry note, and this
mo?tya~e, each ~nd ~very. PromPtly on the days respedively tiN s+rn~ s~v~rally becane due.
2 To pay all and sinpula? tfie tazes, assesun~nn, Iwies, liabilities, oblipatans snd encumbrances of every nature and kind now on said d~wibed
propKty, or tMt here+fi~r may be imposed, wffer~d, p~~ced, kvied, or ~szet~ed tF~ereon, a that her~afta m~y be levied w asssued ~pon this Mort¢
a~, a tM ind~btedness Nevr~d herebp, each and ~r~ry, wMn due and p~ysbl~, accwdi~p ro I~w, befas they becarw delirpirent, ~nd befon any intereit
attaches a any penalty is inc~rred; AND iN50FAR AS AN THEREOf IS OF RKORD THE SAME SHAII dE PROMPTIY SATISfIED AND DISCHARGEO OF
RECORD AND THE ORIGINAL OFFICIAI OOCUMENT (SUC~ AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER -0FFICIALIY ENDORSED
OR CERTIFIED) SHAIL 6E PIACED IN THE HANDS Of SAID MORTGAGEE WIiHIN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thueof is not
peid, sat'sfied and discMrped s+:d MORTGAGEE msy ~t a~y timt pay tlu s+me a any part th~reof witlw~?t w~ivinp w affediny ~ny option, litn, cqvity or
.iqht under w by virtue of tF?it matgaye ~nd the full amount of e~ch and every iuch payment thall be immediately due •nd payable and ~hall bea iMerpt
~rom the date thereof until paid st rate of nine per centum per ~nnum ~nd to9ether with t~th int~rssr shall b~ secvred by the liee of th:s maqta9e.
- ao~K ~~/U PACt ~.381
x~ f:: j 4~~~~_
' w,r...r." _..,:r ~-~s-sz"~ i ,a :
aa~S. i
~