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HomeMy WebLinkAbout0262 svP~Mrw xa~raACa ~C~i11 THIS INDENTURE, Mad~ tM 6th day d.' :~N~~~~~ , A.O. 19~~ . betwNn Re,y L. PYeher arid $~a L. F`isher, his v~t'w of S~r• ~Qid Counry flaid~, herei~after de~gnereci as ~he "MQRTGAGOR," and FIkST FEDERAI SAVINGS AND IOAN ASSpClATtON OF FORi PIfRtE, ~ corporatan wyani:ed snd ex~su~tig unde~ the laws of the Un~~ed S1st~s of Amerita and h~vinp in prir?cipal pl~u of ~ businpi in th~ City of FoH Pitrc~, St. luci~ Counry, Flaida, htrein~ftsr ~e~~nited as tM "MOR(Gy,GE~ that C ~ WHEREAS IM MORTGAGOR ia 'rystly i~+debtad to the MORTGAG°R T'~~ nL i~~erd~wwri~l~+~ Ny~Y10AiCwAi'.G1A~«.w+i~rod.by.iwiawp~ia~.~o1~oL~wi?dai~.~swrtl~~f-wwid~.~ly.foYwww~iw .~.~.~....».«,~...«~+~..r«: o! vhicb ia aecured b~ that certain ~orEgage rscord~ed in 0. R. Book 1$1, pags 21~1T, Public Recorda aF St. Iuaie Caunty, Fiorida ~ ~ value received, I, we or either of us, promise to pay, wirhovt detalcatron, fo the order ot F1RST FEDERAI SAVINGS AND IOAN ASSOCIATI pL+~" FORT PIERCE at Flwida, rhe sum of j_- w~th ~nterest from da~e at the rate of _____Co'pe? ~An oMhly irul~ll- mcnts as (oltows: j e day of 19 ~nd a like sum on the corr ' day of eath month thert- after vntil the whole be iully paid. Eath instalimeM first shall be appGed in paymrnt o 'nteresr and *hen on tt,e unpj; nce o( the princ:pa~ sum. If default is made in tbe Naymenl of any inslaltment when due, and such default cont;nurs hen at tt of the holder, and wi~hout any other notice, all the remaininp ~nstallments shall be due and payabte at once. Privitege is given to prepay t whole or in part at any t~me without penatty. Neither iwebearance, no~ atceptancY by the Falckr thereof after any defautt in an s hereon, shall be dee nsion. A late payment charge ot ~ , thdl b~ added to eath instaifinent r ~pa id 7 a s dus date and a I;ke sum sh~ll be added o uch instaitme~t rcmaining unpa~d 7 dsys ~her each wcceeding payment da i IN PAYMiE!V! Of TI!Y.~$ ~c~ fNT~WGIB PERS~NAL PR~P~TY EMh maker, surety a r ' s~/ y~ t em8nd, p~esentrnent protest and no~ice Of p~Ofest aymeot, and further agrees fo ~ny ext ' Yu~ f~ ~~q~~t it e. fore or aTfa73ma1un ,1}~~~hout not;ce to any of us; and to pay all costs of col e ' luding a reasona ney's fee in II~M~l1il~r~i~,a11~, tQiffYi~~D~l~nd here6y sevcrally waives ait bcnefit ol hom~stead and exemplion under the e aws of each State of thasU*u~tS~~e~`~~~a'~st,)k~ia~p}aiiAaty~ or any entens~on or renewai hereof_ ^b ~\f'U llltb JR. Witness ~he hand and~ea~ __o{ e ch part~aX ~1., C Of UJCie ~ourty Br p ~ • - ~ ts~W - DEPUiY GLERK . . . • , (SEAq NOW, THEREFORE, the MOR7GAGt~R fw the purpox of aecv~ing psyme~t oi~.~..~-«.°.~Said nata. tM ,~.~~„~e of th~ covenanes and apreements hereinaher expresud, and for drveri 9ood and valwbte conside~ations, by fhese presents, does yrent, berqain, sell, ~emise, releas~, oonv~y ~nd coofirm unto the MORiGAGEE, its avcce~sors snd au~gns, stl thsl ce~ia~o lot, piece or parcel of. I~nd, sdwt~, lyiey, and beinp in 1M Camfy of Lneie and S~ate of Flwida, dewibed aa follows: ~Co~miencing at the Northyi~eet corner of Lot 8 of MA,RAVII,LA aARD8N5, p~iIT pHg, as per plat Lhereof on i'ile in Plat Book 6 at page 55 of the Pablic Records of~ St. Iucie Cou~ty, Florida; the~ce rtm Bsst on the Nort,h line of $aid Lot 8, 170 Yeet to a point of.baginn3ng; thence continue l3ast a~ the North line of said Lot 8, 80 feet to a poiut; thence rim 3outh ar~d psra11e1 to ~ the Nest lit~e oP said Lo~ 8~ 110 ieet to a po3nt; thence 1vn iiiest aad paral].el to the North line oi seid Lat 8, 80 feet to a point; tbence r~m I~Iorth and parallel to the i~lest line of said I.ot 110 feet to the point of beginning, ?his mortgage is givea for the pttrpose of pravlding l~ortgagee ~rith aci~- tional security for the rep~yment of t~e abwe ~eentioned prosissory note, on ~+hich ,ortgage state dxiaentary ata~s have been atYiaoed and intang- ible ta~c paid. ropethtt with all and si~gvlar the tenem~nts, hered~tamenq and appurt~nccs thereunro betonginq or in anywit~ appert+ininp fhe?eb, and dl rents, issws, proc~ed~ and proti» xaving and to accrue from said premises, sll of whech are included in the sbove and fweyoirg desvipYan aod h~bae~dunn. TO HAYE ANp JO }IOLD tKe sbove deuribed and gr~nted premises unto the said MORTGAGEE, its waessors snd suiyro forevK. Md th~ s~W Lti@12• MORTGAGQR~f y a~ heirs, executas, administrators and assigns, hereby covenantf with the said MORTGAGEE, itf suCCesson ~nd ~ssiprM, that t lawfully se~zed of the ss~d prem~ses in fee i~mple; that the sams ~n free. cbar and dischu~ed from all liens and ~ncunr branus in law or in equity, snd that t~y will ~nd t~ir hein shall warrant and defend tM titb W tM sam~ to fhe aaid MORTGAGEE, its sucuswrs and suiy~s, fwever aga+nsl the lawful claims snd demands of all persons; PROVIDED, AlWAYS thst if the MORTGAGOR sh~ll pay unto tht MORT('aAGEE the promiuory note hcreinbefor~ datribed and sMll truly, promptly ~nd fu~ly perform, disch~~ge, execut~, compkte, comply with and sbtde by each arx! every the stipulations, agreemenb, tonditaro and tov~nantf of said ' promissory not~ and of this Mortgage, then fhis Mortgage and the Estate hereby ueated shall cease ind be n~fl and void. ' IT IS UNOERSTOQD that tAe word "Mwtgagor" whether in the singular a plural anywhere in this Mwtgaye, shall be sirgul~r if ont only aed ~ shell be plwal iointly and Hverally if more than one. ~nd that the word "their" ss used anywi?ere in this Mortysps sMll b~ t~k~n to mean "his,•• •'hers,•• a~ "its," wher~ver the context so impfies or admits. Atw, that wherever there is a reference Fn the covenants snd sgresmenri hertin oont~in~d 10 ~ny of ~ rhe pin;es hereto, the ssme ahsll be conitrued to mean s~ well ai the heirs, legsl representatives, iucc~sso?s ~nd auiyro (~ither volw~ury by ac1 of tM j partiss q imrolvMary by operation of the Iaw) of the isme snd that the covenants herein contained shalt bind ~nd tlk benefits ~nd adv~ntap~s irwr~ ro th~ resp~ctiw heirs, leyal repreKntatives, ivcc~sson and au~gni of the p~rties hereto. - Md ~aid Matyayo~s, fw tbemseHq ~nd their hein, leyal rep?ex~utives, succeuas u+d auigns, hereby joi~tly ~nd stvu~llp cov~n~M ~nd apr~e to and with tht s~id MORTGAGEE, ib svcceswrs and ~ssigro: 1. To pay alf and sinpular the principal and interest and the variovs ~nd sundry sums of m~oeey payabi~ by virtw of said promiaory noN, and t1~i~ mort~ape. ~~ch ~nd tvery, promprly on the days respettively the same sev~r~lly becomt due. 2. io pay all and sinp~lar the tases. ~fsessmenn. levies. I~abiliries, obliystiau snd encumbrances of wery natw~ ~nd kind now on said d~sorib~d propKty. w that hereafi~r may be "wnpo~ad, wffaed. Placed. levied, o~ ~ssessed thereon, p thal herea(Nr m~y b~ kvi~d or w~ss~d upp~ ti~ Mor1g. pe, a tht M+d~bt~dness secv?ed Mr~by, eacfi and svery, when dw and pay~ble, xcadiny ro law, befor~ they become dtlinqusM, and befws ~ny iMK~st •n~ch~s a u~y penalry is 'a~cvrrcd; AND INSOFAR AS ANY THEREOf t5 Of RKORD THE SAME SHAII RE PROAMTIY SATISFIE~ ANO DISCHARGED OF RKORD ANO THE ORIGtNAI OFFIGIAt DOCU/NENT ~SUCH AS, FOR INS~ANCE, THE TAX RfCEIPT OR THE SIlT15FACTlON PAPER OFFICIAUY ENDORSED ~ OR CERTIFlED) SMAII bF PlACEO IN THE M/1NDS OF SAID MORTGAGEE WIiNIN TEN DAYS NEXT AFTER PAYMEN?; a~d in tF~ ~vent thaf aMr fh~tpf N not p~id, sat'sfied and dixhuyed sa:d MORTGAGEE may a1 any' ti~ne psy the sa~rc o~ any part thereof witFw~t waivinq ot affediny aM option. li~n, equify or •iQM vnde~ o~ by virfue of this mony~ge ~~d the FuN amounr of each and every wch paymeM sh~ll be immediately dw and payablt and sMll beK in1N~s1 ~•om Ihe d~t~ thereol umil p~id ~t r~te of n:ne per tentum per annum and toqethe~_ w;th ;~r~~ft fhall i~ by rh~ lien of th:s mor9tp~. ~W ~ ~4 T~ { a x. < -~,y~~"`~-~ ° - ~x,_.~ . -