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HomeMy WebLinkAbout1981 ~ • r - . THI iNOern R~,e~.d. , 15~ Rebr uary ~ Br~arga~e CorpoMia~ion a~~orida corporation A.~. ~ ~ ~ Qf alll i1C1Q F~~~~ M~tin~fter d~tlpnat~d aY t1~e "MORTGAGOR," and FIRST fE~ERAI SAVINGS ANO IOAN ` ASSOCIAiION OF FORT PIERCE. ~ corpaation wQa~i:~d ~nd •x~stin9 under tlu laws of tM Unlted S~at~i of Ame~ic~ and havinp iri principal pl~c~ of ~ t buun~a in tM City of fwt PiKU, St. luci~ County, flaid~, l+~r~intfttr d~siqnat~d ~s ~iw "N~ORiG.AG:E~ WHEREAS tM MORTGAGOR ia ~uitly ind~bt~d to tlu MORTGAGEE in 1M sum of = 9~ 75U Qo«J ~+~d ~~wful money af the Un]ted Statn advanced by ths MORiGAGEE unto th~ MORTGAGOR, ai evidenced by • c~rtain promiuoryr note of even d+te herewith, of whlch fhe followinp in wad~ and fiyur~s q a Irw copY, towil: ~ 9,750.00 14~715 No _ fort Pierce. Flor;da, F 6b r Ud r y 1$ ~ 19 Fw valve receired, 1, we or either of u~, p~omiu to y, withouf defalca+ion, to the o~der of FIRST FEDERAt SAVINGS ANO LOAN ASSOCIATION OF ` FpRT PlERCE at fort Dieres, Fbridi, ths fum of ~ 9~ 7~'~ w;th ioterest from date at the rate of 7 96 per ann~m. in monthly initall- menK si fotlwri: i 76 on ~1,~ lOth~y of June 19 6a ~ ~;ke sum on the cwrespond~np day of each month ther~- afrer until the whole be fvlly p~id. Each ~nstallmem first shall be appGed in payment of tf~e interes~ and then o~ the ur.pa~d balance of the prir~c~psl sum. !f deisult is made in tM paymcn! of any i~sta~lment when due, and suth default continves 30 days, then ~t the option of the holder, and without any other notice, all the rem~ining ~~stallments shall be due and payabk at once. Privile~e is given ro prepay thi~ note in whole or in p~?t at ~ny time withovt pe~?alty. •Neit~er80ebea~~nce, nor acceptance by ti» holda thereof afta any dcfault in any payments he~eon, ~hatl be deemed exteruion. A tare payme~t charya of j 3' sha11 bs added to e+ch in~fallmsnt remaining unp~~d 7 days •f~a in dw da~e, and a like sum shall be added ro each such inst~llmMt rem~inir?p unpaid 7 days aher each sutteedinp paYment date. Esch make~, wnry snd tndorser hereof, joinHy and ~ever~lly, waives dcrosnd, prescntment protest and notice oi protest fw nonpaymeot, a~?d funher agrees ta sny exfcmion pf time of paymeM, eirher befwe w after maturity, without not~ce to ~ny of us; and to pay al) costs of collection, includ~np a reawnabk attomey't fes n~, tFe~ avent oF any default he~eunde?, and hereby severally waivK all benefit of homestead ~nd eaemption unde~ the conititution ancE•l~ws of eath Stite of tlit United States, as +ga+nst ~his obtigation or any exrension a r 1 ~ w~r~.s ~M ~~i•i~d ~.i o~ ~a~n ~rty. °~~°'1a~E~ite Corporation _ . By: /s/Robert E. Rose~ President - - ~ - ~ ~ ts~?U - Sealed.-~i~h the: cOrporate Seal ts~?U Attest; s iary Rose, Secretary ~ - nn~~+', . . ~ ia. ~o ~ ~,s~.,. R.r«,~. cs~"" {Sr+mp.'+ar~~ba on„aiyin.l no~.) n~n,~.r MOW, THEREfORE, tM MORTGAGOR for the purpou of secvrirg p~yment of ssid sum of i 9~ 7~' ~ , and tM performaocs of tM COYNMeIft ar~ i~MHMf1b IIlftiMffN ~xpressed. snd fw divers good and wtwbfe considentions, by M+eu presenq. does QraM, bsrpa;n, isll, rsmiss, rels+ss, ~?vey u,d eonfirm uero t1~e MORTGAGEE, ib tucceuwi and ~uiyn~, eU th~t certain Iw, piec~ or pucel of land, titwte, lyinp, and b~inp in th~ ~~ry ~ Saint Luc ie ar~d Sut~ of Fb?ida. dqcrib~d as fdlows: ( Lot 7~ Sheraton Plaza, Unit l, as per plat thezeof on file in Plat Book 14, at page 32 of the Public Records of Saint Lucie County, Florida~ ; ~ S~ ~MEN~ °f Q R~' ' I ` ~N P~ NM-pR~ i p~~~ ~F ~9;~~ ~ ~N~~~.n_ ~GjS S ~ S tW~ ~ GpUC~ L, c ~ ~ : , . . , > . . . . ~~VE c'< <,jF"~' ~_~:t . . - ' i' . .-i ~E~: h GLp` . ,r; a• tk ~it ~ ti o~cul ~LPVIN~.~~~~,~~~-;N~ i~,;c 9U-°,,K-~'~ ~a~r:=s ~ ~ - , - - P~``_ . ` ~c ~ ~ fE8..6~b3 = 4` C, { ~ t: C~~~ c~i ' 1 I~ 7 O- ds g ou~ Y jOX ~P~j~ G?~ N CCt1PTRC! LEA~~` ~ C J.~~,~~~ P.~.iq,i~.: s~.~.w ey , ~ top~ther with ~II u+d sinyvfar tM tenem~nts, heredi~amenh and ippuru~Kes thereunto bsbnpirg w in anywise ~pperfainirg fFrorero. ~~d all r~nts, fuws, proueds u~d profits ~cuuinp ~nd to accrue from ssid premises all of which ~re included in tM ~bov~ ~nd fae9oin~ d~scriptlon and lubend~m. TO HAVE AND TO HOID tht ~bov~ described ae+d ynnted pranises unto tFw iaid MORTGAGEE, itt succeuors and auipns forwer. Md th~ said MORIGAS'sOR fw 1tS F~eirs, ~xecuton, admi~istratws ~nd auigns, hereby cownants with tM ~id MORTGAGEE, its succsisors snd ~i~u, rhat 1't 1S l~wfull sei:ed of the said p ged irom all liem and ~ncunr y premis~s in fee sim le; tMt tiw urn~ ue iree,. clear ~nd dischW br~nces i~ I~w a ie~ equ'ity, and ths* ~t wilt ~nd 1tS hein shall wurant and defe~d tM titb b tFw ssm~ to tM sald MORTGAGEE, its sucoeuon ~nd auiqns, fwever ~y~imt tM lawful clixns and demands of all penons; PROVIDED, AlWAYS that if the MORIGAGOR sh~ll pay unto the MORTGAGEE tF~ promiuory rate hereinb~iore de~cribed and ahall trvly, promptly and fully perfwm, disch~rp~. ~xecut~, compkte, comply with and sbide by e~ci? ~nd wery th~ stipvtatio~s. a9raeA?enh, conditions and cov~nartn of said promissory rat~ and of this Monpape, then this AAortpaye and tF~e Eatate hereby a~eted shall u~se and be null ~nd w+d. IT IS UNDERSTpOp thst the wwd "Mwtyapor" wMthe~ in the sirgular or plural anywhert in this JNortg~ye, iiull be sinpulu if o~ only u~d ~h~l~ ~~utal jointly and severally if mor~ tMn on~. ~nd tFut tM word "their" as used snywh~r~ in this Mat~~ye shatl be tsken to rn~sn "hit: ••'h~n w"in," vr'rc:.ve~ the oontext w implies or admiti. Abo, that wF~srever tber~ is ~ r~fereno. in tF~. coven.nn a,d apraemean herein comain.d ro any of tM parties herez~, th~ ~am~ shall b~ cor?~„ued to mesn ~s vwll ~s th~ hein, byal r~preseroativts, successon and usgm (~itF~sr volunt~ry by ~ct ot tM p+ni~a a invr:unury bp operation of th* law) of tFie same and thst ri,e cove~,ana h.r•in conrai+»d shall bind ar~d ihe ben.fin and adv.m.p.s invr. ro tM r~ap~ctiw Min, I~yal represent~tives, succeuors and au?yns of tM parti~s hereto. ~ Md said Morty~Qors, fw tF~smselves and their heir+s„ lepd representativa, suocessors and ~uiyru. hereby jointly ~nd ~sver~lly wv~n~nt and ayr~t i to uid with tiw said MORTGAGFE, in succ~ssws and auiyro: t 1. To pay NI ae?d siny~lar tM p~incip~l and intaest ~nd thi wrio~?s ~nd wndry sums of money pay~ble by vinue of said promiswry note, ~nd this mo?t0+9e, e+ch ~nd ~very. Pron?Ptly on ~h~ days r~spectively th~ ~arn~ kvtrallr becan~ dw. 2. To pay all and si~yular tM t~zes. ~ucsuner?n, levies, liabilities, oblip~taro ~nd ~ncurnbrances of ~very r?~tur~ ~nd kind now on said desuib~d properry, or tMt hereaft~r may bs impo~~d, avffKd, plaud, Isvid, w ~~esssd ther~on, or tMt her~aftK may bt levied or u~eaud upon this Mortp~ ay~, or tM ~ndebtsdn~as ascwd henby. ~xb uwd every, wMn dw ~nd p~y~bl~, ~cw?dinp ro law. befw~ they bacam d~linquem, ~nd b~for~ ~ny intKest attaches w smr ptnalry is incvrred; AND INSOFAR AS A THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTLY SAT~SFIED AND DISCHARGEO Of REtORD AND THE ORIGINAL OFFICIAL DOCUARENI (SUC~ AS, FOR INSTAMCF, THE TAX RKEIVT OR THE SATISfACTION PAPER ~OFfIC1AllY ENDORSED j OR CERTIFIED) SHAII 6E PUCE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the ~v~nt that ~ny N~ereof is no1 ~ paid, sat:sfi~d ~nd dischar9ed satd MORTGAGEE may ~t any timt pay tM t~nr w ~ny pan tMrwf withow w~ivinp or ~ffecrirg arty option, lien, eq~rity or •~qhr ur~dei or by virtve of ~his mo.tpage u~d tFe full amount of euh and every wch paymeM ~hall be immediately dw and payabl~ and shall beu intenst t ~rom tht dat~ therwf until paid it rars of nint per centum per ~~rnnn and toyNher with suth intKpt shall b~ s~cur~d by the lien of th:s morytpe. aoox 17U PAGE 19 ~5 , . _ - - ~a . ~ _ -~z~ . a ' x~ ' ' - a~~,y - ~..r _ w .