HomeMy WebLinkAbout1988 • j~~ ~ ~ea
n~+is iNO~rrtuaE. ~d. e~.. 5th - an, of__ ~Ptember , r . n. ~ i9.~$-.. b.~..~+ '
~
t}t.~ b 4~~~?~.T.r~~t~ °f ~
J ~ . - ~ ~
of___.__ ~y, Florid+. MrMn~ftwr dMi~nihd at th~ "MORTGIWOf~" and FIRST FEDERN. SAVIPIGS MID
LOMI /?SSOCI/1TION OF INCIMI RINEI~ COUNTY. soo~po~ t~bn o~+iz~d +nd ~ und~? tht 4ws of tM UNt~d St~tN ot Mnrks
and h~vln~ ia pri~Np.l plsc~ or busie~s i~? N» pty of varo B~. (~n Riv~ Cax?ty. Flo.id~. M.Nnafh. d~sip+.t~d as fh~ "MORTC~AGEE.~•
~EREAS tM MORTGACAR b ~~~~TC~ ~n. ~ ~
'1~?entx.-~:~~re 'I~iousand ~
l~~l~~
10Gr ~ ~ ~ ~ ~ ~ w ~ ~ ~ ~ ~ ~ _ ~~i1'~ ~00~ alld V1AI~N~ f110flM Of ~1f Ufl~~ ~tM ~Vi110~ ~ ~M
NINKIW~E 1/It0 ~ ~M~~T~~ ~i N~flO~ ~ a O~fa~fl Qf'0111~Si0f~l fWf~ Of ~MM1 dilf ~1lf~1M~~1. O} WFI~C~1 ~N ~~fls ~fl MIOf~t
~ ~ . n,~. ~.,~t: ~ _10342
s_25,_QUU.OU_. . _ _
' V~o B~ash. Flaida. ~~-L_'eM~Y' _rJ__i.--- 19.~ .
For valw naiwd 1 a wr lointyr or se~ally promist to p~y to FIRST f~EWLL SAYIN~~ Li0J1N A5~90CUTION OF INDIMI
: . . . ~ S ~I'_
R~NER ~I~NTY• fh! WD Of :fes~-f~-Yi.~OG.--------~~. ~t Mf Off10~ iN VNO BNCh. F10f1~. 1M~111 UIlM~! i! t1M ~t~ Of ?
Z~ _
ver ant p~? ann+m. b~ tM ~olbwMr eirrN?: .
s 250. 00 „oa, er~. ~ ..a, «,a .r«~? ~ w+ni it,. ~n ~?a~i ~ ~c~. ~ b.«~ a.w: s.w
monthb P~Y~ts b. applNd fi~st to th. aynwnt of IM~e~t on tM u~+P+1d balano.. .nd tMn to N,. psyn~a+t of P~iv.l.
This rwt~ is n~oti~bb snd if d~fault in psym~nt oaurs. mn? b~ PV~ in th~ Fw+ds of an sttarny ~t law for ooll~etion. M whkh
event 1 0? vw s~ to p~y ths oosts of aoil~ctia+. techdin~ a rw~onabt~ sttornsy's fs~. and each of us. wl~MhK m~k~r. Narsntor or a~do~su.
F+ereby sevsrslly waiws demand. of t of tNs
~e ~i~"hn~: ~c arty a~~o e F. c Trust
' ~i~d~$-Tru-~t~~°'n
I~ ~ces..a
In ths ewnt any p~ynae~t is not n~ prio? w t!M 20th d~Y of tM month wFisn dw. ~ YI ~~n~l~s~~'t3ti of
8.49(i fian ths date sny wch WYm~++t bean~e due snd tt~nou~hout thf period of wch ddi~quM+cy.
Sht~ stsmps Wid and anceiled an oNtinal of tNs ~at~ in th~ amant of Z~,.s~Q._----•--~..
NOW. THEREFORE. th~ MORTC/~OOR tor ths purpos~ of se~wk+~ the P~Yn~+t of ths said wm of t-~a--O~.~--_ and th~
S trfo~nof ths ~ ~~d~ conHnn un tfieto~
TCNGEE
i~~suo~oessols snd assipis,
a~ aertaM~bt, piea or p~ral of
~+~+d. s~~n, n~+s ~a b~ i~ th. cama of -----~t,--Lucie ana saa of F~«w.. e.scrw.a ss rdbws:
Lots 5 and 8 of Block 1, of Amended and Corrected Plat of Lots
~ 1, 4, 5 and 8 of W. T. JONES SUBDIVLSION, as per plat recorded
in Plat Book 7, page 24, of the Public Records of St. Lucie County,
Florida.
t o~tr~
D. 1N QcnN?~ p~~~•
~yr~wl~ P-`c JF ~9~t. .
it6CE1V E0 S SS •L• ~ T ER 2G'• Y~
pVE O~ L~ Tp GHAP T~i1$ lNSTRUMENT 1NAS PitEPARED BY
p~~SU~ ~s MICHAEI. 0'HAIRE
°G~s j~~?~ SMijH, HEATH. SMITH, & 0't1A1RE
s~. c~? A7TORNEYS AT LAW
y~n ~ g~06 .~4 th AVE. VERO 6FA~H, fUl. 32960
~ ~u'~
I 5
i
t
f together with-all and sin~ular the tenements, heredtaments snd sppurte~anoes therainto belonair~ or in anywise sppertainin~ the?eto. and
f a1f rents, issuss, prooeeds and profits aaruin~ ud to sacrue fran said pnmisas, sll of whicfi aro includsd in the sbov~e and fore~oins d~-
€ uriptian and habend~+n.
~ TO HAVE /1ND TO HOLD th~ sbovs destribed snd gnnt~d premises unto the ssW MORTGAGEE. its woosssors srd rnip~s for~.
Md the ssid MORTGAGOR fo?
~eY~~. exaa+t~ors. sdministntors and assi~s. hereby oo~retints with the ssid MORTGA~GEE. its woces-
so?s and sui~u, that----------~eX ~e tawfuliy seised of ths ssid pnrr~ises in fee simpk: that th~ s~nw sro fns, clear and dis-
chsr~ed iram sll Nens and enc.umbrsncas in Isw or in equib. and th~t--------L~1B;[_ wili srd hein shall warrant and
defend ths Htk to the ssme to the said MORTGIIGEE. its wooessors snd assi~s„ iwevar spi~st the bwlul cbims and dernsr~ of all pasoro:
PROVIDED, ALWAYS that if the MORTGAiGOR shsll pay unto the MORTG/1iGEE the promissory note he~einbtfon dssuib~d. and ,
condttio~~ and~
~ of~~ ss
p~w~nissory no~ts snd of this
M~'ortpge~
.~then tF~is Mort~sge ar~id tfie Estatr
F~ y ue~t~ed sh~ll
ce~srd
bi E
null and wiA
IT IS UNDERSTOOV that the word "Mort~or•• wheM+er in the sir~ulsr or plual snywFiere in this Mortp~. shall be sin~ulsr if on~
«,y a~d shan bs ~,.s~ jot~ry ~,d sa~a~y tf nwro H,a~, one, and thst th4 vwrd '?heiP' ss used a~rwhero in this Mort~~s shall be taken
to rt~an ••his,•• ••her~•• or ••its." whe~ever the context so implias or sdmits. A1so. that whe?ever thero is a roference in ths aovw+a~s and .
sa?eerr~+ts F~ein oonbined to any of ths psrties heneto. the same sh~ll be construed to mean u weli as ths heirs. fe`al nprsenhtiws. wo-
cessors and suipu (eithe? voluntary by xt of the parties o? imroluntarY bY oper~tion of the bw) of ths same and thtt th~ oovw~ants he?ein
conhined sF+all bind and the benefits snd advanta~es irwro M the rospectirs hein. le~al represantativss, suoossson and assi~ns of .1hs
psrties her~b.
Md saW Mortptors, fw themstlvrs snd tMlr heirs, (epl ~aprasentatives, wooessors ~nd aui~ns. t~'eb'f~ lointly snd ttwrally owensnt
~ and a~ree to and witF? the said MORTGACEE. its w~essors and assi~rts:
i. To pay all and sin~ubr tht princlpal and inte~est and the va~ias and wndry wms~ of nwntY WY~bit b~r virtw of ssid pramissory ;
note. and this mortssp. ~tth ~nd every 0~'~~~Y a+ ~~+YS ~ively the sa~ne s~rerally beoorrr-due.
2 To pay all and .sin~ulsr ths ta~as, mess~nw+ts. kvies. I'isbititbs, obNptbro and inarnbranas of Mry esturo and kind now oA
said describ~d properiy. or thst i~whK msy b~ imposed. wHe~ed. Dlaced, lavied. o? ~ssessed thsrean or thst F~wfter nwy bt levi~d or
sssessed upon this Mort~a~. or ths indrbiedr~ass secwed herebY. exh and awry. whsn due and payabk atoo~~rK to Isw. before thy ba
come dellnpuent. snd bcion any interest attachas or+~+~? penslt~r is inwrred: and imofsr u sny thereof is of reeord ths sam~ shall b~ promptly
satisfNd and fiixhsr~ed of reoord and the ori`ieyl offkisl doaxr+ent (such ss. for instsr~. the hx roaiPt o? M+s s~tisfaction p~pK offkiaih
endo~sd or ce?tifieN shsil be plsted i~ th~ hsrds of said MORTGAGEE within ten d~ys ne~d aRir ptymsnt; a~d in tM svant tfi~t ~evy tMreof
ts noc p~id, sstisfted and di~ch~rfed, s~id MORTGACEE n?~Y at sny time pay the ssmt ors~? psrt tF~~of without waivin~ or sfhcNni ~Y
oDteon. 11ee+. pwtY. a rl~ht urdK w by d~ of this Mort~ap. and th~ (ull srnourM of Mc1~ and every wth psye~ent shsll b~ ierrns~at~iY
due and payable srd shsil b~a int~nst froen th~ d~M Nwwf untii p~id at ths rate of~p[ ad ~ PK tu?turn p~r arrwm ard toptF+K
~ ~r,~a ~,na ~ ~ ~ ~ ~r`.a• . seven one~Quar~er
3. To plio~ snd oor+tinuousy keep on th~ buildi~s now c+? he.eakK sitwted on ssW Isnd snd a+ all puipnrnt and p~.sa+aitr cav-
ered b~r tNs enort~~. with sN premitxrts theteon psid i~ ft~l. fin Mswanot in tM uswl stanAsrdpo1icy forrn. In ~ wm apptorrd b~? th~
MORTGI~GEE. snd toenado fnsur~ In th~ uswl shnd~rd Polit~? fam.in a s~n +OP~'~d M tM MORI~GJICEE. M sud~ oomp~rhr or oon+p~nl~s
as tM MORTGAC,EE n~y direct: «+a ~n ,~+d ~«~+.do ~,?~,o. oona.~ ~ wa ~r..~ ap~~ n,.not. ~
aar~ab sum afo~ld ar In ~ao~s ti+s~wf. sh~il oontain M+t wal shnd~.d mat clswt a such olhK clatwt as th~ Matf~ nyf?
nquin. nWcir~ tht laa said poliN~s. ~ach ~+d~we~
.~p~bM to ssid ~CJIGEE as i!s trMNat ms~? appM~. ard Md+ and ~vwr
wch polk~r thsll b~ p~on~pfly ~d and d~d to ~nd hNd b~? aid MORTCI~CEE as ~wtl~ a~axiry? to ~Id ~t
1~ Myn t~n 1101 dars in advano~ of tIr ~pration ot ~d+ poNey. to deNv~. to s~id MORT~GACEE • ew+~wrl tlrnof,~~t+o~?
iw tM p~rnluen of wd+ ~wr»w~l; ard tF~ ~tl bt no fiti at tomado iraurana Pbe+d on any of said bull~. anY h~nst tl+aein or
psrt tlw~of. ~las in th~ toem and wflh th~ las pr„bb as afo~ld: and In ih~ ~wK +ny wan oi nwrw~r b~ooeMS pqabb undar wd~
~iT3 ~197i