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HomeMy WebLinkAbout0197 ~ i ~i . ~ i- ~c~ s~g ~n2 ; TNIS INDCNTURE. Mads the 2~ day of _ `~~~~~r A.D. l~~?~. oi~~eer: _ Willia~e A. P'inn and Mary E. Finn. h.~s ~rife _ ~ of St Lueie _ County florida, he~r~naftei desynered as thc 'MORTGAGOR." and fIRST FEDERAI SAViNGS AND IOAN = ASSpCIAT10N OF FORT PIERCE, • corporat~on o~ganized a~d ex~ai~~~y u~der Ifie laws of the Un~ted S~atas of America and h~ving ita principal pfsce of i busineu io tM Ciry of Fort Pierce, St. lucie Counry, florida, here~naher desig~~a~ed as the "MORIGAGEE." ~ 16 000 00 ' WHEREAS the MORiGAGOR ia juitiy indebted to the MORTGAGEE in the sum cf S-_~J__- good and lawful money of the Un~ted t Srates advanted by tbe MiJRiGACEE unto the MORTGAGOR, es er:J.~nt_d by a cert,;,n promisso:y r.ote of even date hrrew~th, of wh~th the followiny in ~ r.or16and liyu+~is a true copy, to-wil: , s ~0~• r~_ 3-16,~15 ; Septeaber 2 p i Fort Pierce,~~florida, 1 ~ 19~ fw value ~eceived, 1, we or eithe~ of us, p1 ~;se !o p:~ i~houf de+alcat~on, to ~he or;izr of f~RS1 fEDERAI SAVINrGS AtdD LOpht ASSOCIATION OF FJRi PlERCE at For? Pierce. Fbr~ds. ~he sum of S--~~~0 _,M1~th i„!~.,•s• t•e~, d_~e at thc ra~c of _~~Z^b p^r annu:n, in monthly in~tall- ~~,ents as fol!ows: 39`_~ on the _~~th day of _~C@~~r , 19 and a I~4e sum .;n the corresFvnd~ng day of each month there- arter until the whole be f~lly pa~d. Each ins~aliment iirst shall be appfied in payment of tnz inierest ,nd fh:n <~•; •%~e ~.~~~.a.C~ ba!3nCC e1 the ~:r~nc pal sure. If o.fau{t is made in the ;~a~rneM ot any installment when due, ar~d suth deta~lt contir,~rs 3J days, then as :he oNt,on o! the ho~der, and w~tho~~ any ethe~ notice, all the remaining nstallments shail be due and payable at once. Priv~lege is g~v~~n to p~epay ih:s r,:tc ;n whole of in ~;art at ~~Zy t~~t~e witi~~ut penatty. Ne~ther FOrebNa~ante, ~ nor acceptante by 1he holder therepf after any drfau~t in any poymenti hereen, she ; b~ d•,~ried ext~~ns+rn. A~ate paymcnt tharge o( S~-~~~ shall be ~dded to each in~taltmenr remaining ~npa:d 7 days after rts d~e date, and a~ ke sum sne:~ be adcird t~ each wcn +nstaiimrM remaining unpaid 7 days after each sutcaeding paymeN dare. Eath maiee~, sv;ety and endor=er hereo4, jomtly and severally, wa:ves de• ~.+od. p~<•ser.~:ncnt Fr~!est a~~d nu!ice of protest for nonpdy~n^nt, and fwther agrees to any ex~enswn of t~me of paynnenf, either lxfore or aftrr ~*~atw~ty, w;rhou~ ,;o• c~ to .~n; of us; a~~J to ~ ay aH costs ef co'lect~c,n, indud~ng a reesonable attwney"s fre in the event uf any defa~~t herevnJer, encJ h~reoy se~.~r~y ,n,a~.cs a~l he~tei r o{ ho~nrs+_.~J and cacmption under the constitWion .~~~d lawa of each State of the United Jtatzs, as a a:nai ft~is oi:L o+~wi cK dii cAtc+.i~v`:7 ; 9 y r -2c.~~._:~` • ~ i~. ~ ~ Witness ~hc hand and seet of cach party. ~8~ ~.~i81~1 A. ~Ylfl (SEAi) - (SfAI) . ~ _ . t . F:. . ! L 8 ; E. P'inn ~Au ~ w ) State Revenve ~~u (Sran~plrtyneeMrd bt+ro?glnal~no+e) t tVOW, THEREFORE, the MORTGAGOR ior the purpose of securirtg payment of said ~um ot i~v1~~•~ ,•nd the perfwmance ot the covenants and agreementa hereinafter upressed, and fo~ d~vers good and v31u~Qte cmistderdfions, by these presents, dces grant, bargain, sell, remise, reieasr, tonvey and confirm unto the MORiGAGEE, its sxcessors and' aiskj~s; etil tha! xesrai~ jpt, piece w parcel of land, situate, lying, and being in the Covnty of •~Ci@ a~d State of f!orida, descr~bed e~ foilows: i Parcel B~ a pascll of land lyinq in i,ats 2 and 3, Block 33, RIYBR PARK, UNIY 4, according to the plat thereof recorded in Plat Book 11, page 9, of the PuDlic Records of St. Lucie County, Rlorida, b~inq aor~ pasticulaYly described as follo~rs : Begin at the ~aost Norther~y corner of sa~d Lot 2, thence run Southxester~y 100 feet along the North~resterly boundarp oY said Lots 2 and 3 being the arc of a circular curve to the left having a radius of 2726.59 feet through a central angle oY 02~ 06~ 05"; thence South 40° 10' 25" B~ast along a line radial to said s~urve 1l~0 feet; thence Northeaster~jr 9b,86 feet along the Southeasterly boundary ~ - of said Lots 2 and 3 being along the arc of a cir+cular curve to the right having a radiua of 2586.59 feet through a central angle of 02° 06' Osn; thence North 38° 0~' 20" West along the Northeasterlp baundary of said Lot 2, 140 feet to the Point of Beginning../ y ti ~ ~ ~P1(i~7+~ ' ,~:'.i\ _ Q ~ - ' N~ COMPTqGL:~R~ yj^~ O O = pR, t9~;;s _ ~ _ - rogettw with ait and sing~lar the tentmenrs, herediramenfs and appurtances thereunto belonging or in anywise appert~ining the~ero, and all rtnts, issws. p~xeeds and profin acauing snd to sccrue from asid p~emises, all of which are induded in Ihe abov~ and foreyoirg description and 1?~bendum. TO HAVE At~Q TO~iIOLD the above described snd granted p.em~ses unto ~he ~aid MORTGAGEE, iri auccessas and ~ssi9ns forev~r. Md tM s~id MORTGAGOR fw tr16 he;rs, execufws, administ?ator~ and asiiqn~, hereby covenants with the said MORTGAGEE, ifi successon s~d aaprq, _ they a2~B ~ lawfully uized of the :a~d p.cm~ses in fee s;mpfe: that ttk iame are free, cte~r ar+d discharyed itQm all lient and N+c~an. brances in I~w or in equity, ~nd that theqi_ vv~l( snd t~~~_ heirs shall warranl and defend the tifle 1o the sarn~ to tM said !J~ORTGAGEE, its successors and assi9ns, fwever against the lawf~l claims and demands ot a~l personi; PRpYIDED, A1WAY5 that if tne MORTGAGOR shall pay unto the MORTGAGEE the prom~ssory nott hereinbe(ore deuribed ~nd shall truly, promptly and fully perform, d~scAu9e, e:ecute, complete, comply with ~nd ab~de by each and every the stipula?ions, agreements, conditions and corsnareit of said p.om]asory nofe and of th;s Mortfl~Qe, then this Mort9aye and the Estate hereby created shall cesx and be null end vo~d. tT IS UNOERSTOOp that the wud "Mortgagor" whether in the s~ng~lar w plural anywhe~e in this AAwtgsye, sh~ll be tirqul~r if on~ only and shall be plural jointfy ~nd ~ever~lly if mu~ thsn o~e, and thaf the wwd "their" ~s uxd anywhe~e in th;s Morryage sh~ll be t~ken to mesn "his.,• ••1»n,•• or "itt," wherever the tontext so ;mpl;es or admits. Alw, that wherever there is • reference in tAe cmena~h •nd sgreements herain contained to a~y o{ the parties hereto, the same shall be consrrued ~o mesn as well as the heirs, legal represcnratives. succesiws and assiyru (either volumary by ~cf of the parries w inroluntary by op~ration of the law) of ~he same a~d that the coven+nts herein conrained shail bind and tFK benefits ~nd ~dvanlpq inw~ fo the respective heirs, kyal representatives, successors and su~gns o( the par~ies hereto. , A++d s+id AAwtysyon, for tF~croselves and their F~eirs, Iegal representa~ives, successors •nd assigns, hereby joiMly and sev~rally cov~n~nt and pree ro and wirh th~ said MORTGAGEE, its successors and ~ssigns: 1. 1o pay all and ainpuf~r tAc principal and intercit and the var'rovs a~d sundry sums of mon~y payable by virtve of said promiuory not~. ~nd this mwtya~e, tacF~ snd every, p~omptly on the dayt respedively the same sev~rally become due. 2. To p~y all u~d sinpulu tF~ iaxei, assessmenri, I~viet, Ii~bilNies, ob~igat~on~ and encvmbrances oi every natur~ ~nd kind now on ~aid d~wib~d p.operty, a tAar here.he+ may be imposed, suffered, plsted. Ievied, o. auesud tlxroon, o~ rhar hereafre. m•y b~ levld w a~ued upcx~ tha Ma?Q- a~e, o~ t1y ind~b~edr~ss secured her~by, aach and ~rery, w?~en d~e a~d p.yb~e. ~ccwdinp to law. belore they becorn~ d~Iinqu~M, and btfo~~ ~ny IntMqt ~t?aches w~ny petylty is ir~curred; AND INSOfAR AS ANY iHEREOF t5 OF RKORD TME SAME SHAII 8E PROMPiIY SATISf1ED AND DISCHARGE~ OF RECORD ANO T1fE ORtGlNiA[ OfffGlAt UOCUMENT (SUCH AS, fOR INSiANCf. THf TAX RECEIPi OR THE SATISfACT10N PAPER OifICIAIIY ENOORSEO OR CERTIfIEO) SN~?lt BE PUlCEO IN TNE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAVMENT; and in th~ event thal any thtrwf b npt p~.~at'atied ~nd d~xhuyed ta'd MORTGAGEE rryy at any hme pay the ~ame w any part rhereol without waiving or •ifectinp ~ny option. li~n, tqvity p •:pM,~nd~r or by rirtue of this mortyage a~d the 1u11 amovnt of eacfi ~nd evcry svcfi psyment sha11 be immediately dve ~nd p~y~bk and sh~p bea~ intN~st 1~om The dat~ ther~pl until paid •t ratr of n~~e per centum per •nnum •nd loyethe: w~th such inter t 11 be sew~ed by th~ iien ol ~h • morytap~. a~x~.~~ _