HomeMy WebLinkAbout2710 ~ - . , ~ 18`75~~~ j
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THIS INDEMURE. JNa~ th~ 2Oth ~y ~ D@C@leb@r ~ A,p, 19 69 p~~,,,,~~ ~
6va 4. Maser and Rred J. Moser, her husband ~
of St.~.LlC~6 County iloiida, Iw~~inaftK d~~lynaNd ~s th~ "MORTG.4GOR;' snd FIRST fEDERAI SAVINGS AND IOAN
Y ASSOCtA?ION OF FORT PIERCE, a oo.poration or~a~is~d u+d ~xiuirq w+d~~ rlw law~ of th~ ll~~r~d Siat~s of Arr~ica and havlnp in principal pl~c~ of
~ bu~inq? h th~ Clry of Fwt Piaa. St. luci~ Couny. Florida, hK~in+hu dapoat~d a tM "AAORTGAGEE.°
~ WHEREAS tM MORTGAGOR h jw11y ind~bqd w th~ MORTGAGEE in th~ sum of = 4~ 675.0~3 , good ~nd lawful money of the Un~ted
Srata advanced by th~ MORTGAGEE unto th~ MORTGAGOR, ~s ~vi~lenced by • an+in promisaory nott of even date herrw3th, of wh+ch ths followinQ in
wwds uw! fipurq b a trv~ copY, towit: , •
i-. 4.~ 675 .OQ
~_16.111 ~
~ wr~ Pr..~.. Fio~d,, December ZO 19_~
For wlw noeiwd, 1, vw p~111+er of ut, promi~ to p~y, wHhoul d~f~icitioel, to tM orda of fIRST FE~ERAL SAVIt~CS AND IOAN ASSOCIATION Of
~ FORT PIERCE at Fort Pierp, Florida, the wm of ; 4~ 675 . 00 w;th {nt~rett from dat~ at tM ~afs of ~,aQ.aX. per ~nnum, in monthly insall-
ments u follows: = d5-OO o~ ths~_ day of Februarv ~ ~9~~ and • iilc~ sum on ths oormspondirg day of each month there-
~ atter until the whole b~ fully paid.
Each inst~liment first sMll b~ applied in payment of ths intKest and then on the unpaid balance of the prirxipal sum. If default it mad~ in ths
~ payment of sny installment when dw, snd wch d~favh continws 30 days, then ~t the option of ths holdet, and witFout s~y other notice, all the remaining
` ~nsraUmenta s}wll bs dve and p~yabl~ at onte. Driviley~ is Qiven to pr~Y thb not~ in whob w in p~r1 at ~ny time without pen~lty. Neithet forsbearance,
~ nor a~epliMe by the holder thareof afte~ ~ny default in ~~y paymMy hereoei, sh~11 be deemed exfension. A I~te payment dwrge of ~•2$ " thatl be
~ added to each iostallmer~t remainirg ~np~id 7 days ~fla ib dw dat~, and a like wm shall bs addad to esch tuch initqltment remaWny unpaid 7 days after
~ eath stxceedirg payment date.
fach rnake~, wrety and endwser Mrwf, joimly u~d severalty, waiws dema~d, prex~tmcm protest and notice of protest for nonpayrtxnt, and f~rther
~ agrees ro any extension of tiin~ of payment, citha+ befon a after matvrity, without not~ce to +ny of ~s; •nd to psy all coats of coflenion, inctudtnq a
reasonabte attorney i fee in the evenl of any defwlt Ixreunder, and hereby sevcrally waives sU benefit of homcstead and exemption under tM conshtut'an
a and laws of each Sate of the United Sfstes, as s~ainst this oblip~tion p any extension o? re~ew~l hereof.
.
~tness ~he hsnd snd seal of e+ch puty.
~ ~„S,l gva L_ Mr~cor ~Au
~ Frpd J_ Mocpr ~aU
~ ~ 7.OS ~ Stat~ Rw«+w ~U ;
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j NOW. THEREFpRE. 1h~ MORTGAGOR for th~ pwpose of Kcvri^p P~Yment of said svm of i 4.675.0~ , and ths performancs of th~
~o~e~?.~n u,d ~~ea,~e~?n herN~+ha ~xpreucd. and fw divers ~ood and v~lwbl~ oo~sideratio~s, by th~s~ p?esenn, does ~rant, barpain, sell, r~.niae,
releau, tonwy and tonfirm unto th~ NAORTGAGEE, i1s svatssors ~nd assiym„ ail that certain lot, pieq or p~rcei of land, situats, lyiny, snd being in ths
~ ~~~ty St . Lucie ~ and St~t~ of Fbrid+, d~scrib~d ~s fdlows:
[.ot 3 and Lot 4, Block I, CAROI~TOOD TERRACE, FIRST ADDIT ION, Q~~ ~t~~~~~j ~
~ ~h ~
as per plat thereof on file in Plat Book 14, Page ~ya~ t~
~ iil i
50, of the public records of St. Lucie County, J j!<v , i
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o This is a second mortgage being inferior only to N o'~
_
_ a prior first mortgage from mortgagors to mortgagee f~`t~ W ~a
ca i- U o a•:
3 Q~~ = dated October 10, 1969 and recorded in O. R. Book ;~p~~~~~~lllll~a
X 180, page 1258, as to Lot 3, and a fizst aortgage
~Q~~ ~ as toLot4.
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fo9etFwr with all ind sing~lar tFw r~n~m~nh, h~r~d'Kamanq ared appurt~nces th~rwmp b~lpg;ny a in seywae tppert~3ninp thareto. ~nd a~l rents, issws,
proce~ds and profits acvuirg and to scaw from said pr~+nisa, atl of whkh ar~ incluefed in t!w ~bow u~d forr~oirp dsa~rFption and h~bendu~».
TO HAVE ANO TO HOID the ~bove described and ~ra~tsd premi~s unto tM aaid MORTGAGEE, ih rvonsson and asiiyna for~wr. Md th~ aW
MORTGAGOR for - helr hein, ss~cuton, adminlsts~ton u~d assiyns, Mreby oovernnn with tM s~id NWATGAGEE, i» uraessors ~nd ~ssipns,
rhat thcs~gr~_ ~~~~y ~ f« ~~s that th~ san» ~n h~, d~ar u~d d'nchar~d from all liem and ~
b.anaa in law a in ~qvity, and tha~ thev will and their hein slull wsrrant and def~nd tha tHk ro tFw s~nw to th~ wid
MORTGAGEE, ib woceisws ~nd assi~ns, for~wr apairot ttw bwfvl cl~ims ~nd d~m~nds of ~II pKSOmt
PROVIDED, ALWAYS that ff tM MORTGAGOR shall p~y unto fh~ MORTGAGEE fh~ promisywy rqt~ hat~inbtfon d~tcribed and shaFl truly, promptly
and fu11Y Pe?form. dfxh+r~. ~xKVt~, cocr?Pbt~, comply with u~d abid~ by sach and ~ tM sti lataro.
P?a+?wsorY not~ ~nd of tha M«tyay~ ~by ue~t ~h+ll ceas~ ~nd b~~i?vll~~v~ad. ~ions ~nd cov~n+on of aid
Mortpape, tMn this a~+d tM Estate h~r
IT IS UNDERSTOOD that tM vrotd "M~ortp~yor' whttF~ in tfw sitgvlu or plwd ~nyvvlkr~ L~ this µort shdl b~ si
shall b~ plwal ~ointly a~d ~evsrally if mw~ riw~ a+e, and ttiat tl» wwd "tl+~ir" u uwd S~' i+pular if on~ only ~~d
snywl~ert in this Mwty~ shall be uken to rrwan ••hq,•• ••h~rs
w"irs:' wherwa tl+e ac+n~•x~ so implies w admirs. I?I~o, th~t wh~r~wr tha~ k a ref~renct in tFK oovtnaMS and apretmenb herein contain~d to ~ryr of
rl» partia her~to, the ianN shalt be oor+strwd to m~~n a weH as thf hein. ~pd npr~a~nqtiv~es, wccesson and asiipro (~Ftl»r voluntary by ~ct of tM
panies a invduntary by op~ntion of th~ Iaw) of th~ s~ne ~nd tfist ~h. aov.n.nn h~rein oonra~i sh.ll bu+d ana th. b.nef~a and .dvam.p.a bw,n
ro tM r~iw i»irs. Ip~l r~esentatiws, wueswn and ~ss~ro of th~ putiws i~er~to.
Md said Mortyapws, fw tMmulws and th~u 1Kin. fpal r~~ntativa, wonswn and usipns. Iwr~by idnrly and a~wrally covenMt and apr~e
to and wNh t!k said MORTGAGEE, its wooessors and usgrq:
1. To pay all and singular th~ prin~;pal and inta~st and th~ variow and wndry wms of moery paYabl~ by virtw of s~id promiuwy rw1e, and this
rranya~, tach and wrry. WomPtly on th~ days napattiwly tM sam~ ~tvtrally b~oorm dw.
2. To p~y all ~nd sirgvtar tM t~xa, asas~rnn». (wi~s, tiabilitia, oblip~t(a+s a+d ~nuNnbr~nas of ~wry MhN~ aI1fI I[ifld f10W 011 MkI df1Cl~
WopNtY, a Nut l~ueahn m~Y b~ imPowd, wffa~d, d+pd. Iwi~d, or a~eawd theown, or that MnaftM may b~ le+ried a assased vpon tF~is Morq.
aye, a tM indebt~dness wcur~d hu~by. Nch ~nd ~vMy, wh~n dve and paysbb, aooordinp to law, !»fon they becorm ddinqvem. ~nd b~fa~ any intK~a
attaches or ai+y pen~try it intwred; AND INSOFAR AS M1Y TNEREOF IS pi RKORD THE SAME SFiAtL 8E PROMPTLY SATISFIED AND DISCHARGEp Of
RECORD AND THE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, fOR INSTANCf, THE TAX RKEIPT OR THE SATISFACTION PMER OFfICtAIIY ENDORSFD
OR CERTIfIED) SHAtI SE PUCED IN THE HANpS Of SAID NWRTGAGEE WITHIN TEN pAYS IYfXT AFTER PAYIMENT; and 'a~ the event that w~y tF~eof b no?
paid, satsfied u~d dixh~rped s~id MORTGAGEE may at ~ny time pay th~ ~am~ er aoy pan thereof without w~ivinp a affectirg aey option. I'~en, puiry w
.iqht unde~ w by virtw of this mwt9ay~ and tM full amovm of ~sd~ and wery wch p~ym~nt shall b~ imm~diately dw and payable ~ad ihsll b~ar int~re~t
~~om the dat~ thereof unril paid ar ~ate of nN+e per untum p~r annvm and ethe~ w~tl~ such interest ahall be secv~ed by the Iien of tfi:~ mor~tap~.
ao~~8~ ~2710
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