HomeMy WebLinkAbout0338 Z00~7O ~
Nove~aber
THIS INDENTURE, Mad~ tM da of _ A.D. 19~Q., berwNn ~
erome ~tabile, einQla ~4~ t +
,f~~t• Lucie +
tou~ty ilwida, Mreinafler das~pnated +s ths "MORTGAGOR," and FIRST FfOERAI SAVINGS AND IOAN
ASSQCIA1lON OF FORT PIERCE. ~ cwporation ory~niied and ex~sriny u~~der Ihe lawi oi tM Unit~d $f~qs of Americ~ and havtnp iri ptincipal pl~c~ of
bu~iMU M tIN City o/ fort Piut~, 51. luci~ County, Florida, Mreinafta deupnated si thi " ORTGAGEE:'
WNEREAS tM MORTGAGOR is juslly indebted to tM MORiGAGEE in 1he ~um of s l~t 000~~~ ~ 9ood ~nd I~w(vl monty of tf?r Un~led
Statq adva~ced by ?hs MOATGAGfE unto the MORiGAGOR, as evide~crd by • certam prom~siory ~ole of even date herewith, of which the iollowinp le
wwd~ and fi~uret Is ~ trw copy, to-wif:
iIO, 000.00 , 3-lb. b21
P;~.~., ft~,;~,, November 6 ,9~ -
Fw valw receiwd. 1, ws w either of ~s, prom~ie to pay, witho~uf defalcation, to the o~dar of FIRST FEDEQAI~
V1N~GS AND IOAN ASSOCIATION OF
FORi PtERCE al Fort Pierca, Ftwids, the wm of = 10 i ~~lY]L- w;th in~eiest fran date at the ?ate of per annum, ie monthly ins1a16
ments at fo!lowa jSds.~Q~ on the 1.~~,,~1 dey of DACAIDbAY' ~q3~ a Gke sum on the correspond~r?p day of escF~ month tMrr
a(tsr until the whole be fully paid.
Eath inslallment (irst shall be applird in pay~nrnt of the inlerest and rh¢n on the unpa~d balar,ce of the princ~pa) wm. If default is m~de fn t1N
paymeM o( any instdlment wf+e~ due, and such detault continves 30 days, thcn at thr opt~o~ of the holde~, end withoul any other r?otice, all tha remaininp
~nu~llments ~hall bs du~ and payabte at once. Privitega is giveri to prepay this note in whole w in parf at any time without penalty. Ne'tl+er, -torrebe~raiw,
nw ~cupNnt~ by tM holcie? thereof after any default in a~y paymcnts hereon, shall be deemed extension. A late payme~t cMrge of s~•u7 sMll b~ '
edded ro~ach insialtment remaininp u~p~id 7 days afte~ Fts dut date, u~d • like sum shall be addad to each such installme~t remainir~ vnpaid 7 days ~ftp
e~ch suctledinp paymenl date.
Eath maker, surety and endorur hereof, jointly and severally, waives demand, prcie~tment ptolest and notice of proteat for nonpayment, snd fwthN
agr~as to u~y extensan of time of payment, either before w afrer maturity, without nor~ce ro any of us; and to pay a!1 cos~s of collectiwy includ~rg •
~easoo~bk attorncy's fee in the event of any default hereunder, and hereby severally waivei all benefit of homestead a~d exemption under 1M tonstit~liwl
and laws of eath State of Ihe Unifed Sta~es, as against this ob::garion p any e:tena~on a renewal bereof.
WiMesi the 1?uxl, and aeal af each party. ~
, s/ ~'drame ~-3tabile. a single ~}~lt
' t j , + ' ~ r~ ~ cs~'w
~w
,~15. o0 1 Statt Rewnw Y -
~ ,
NOW, THEREiORE, the MORTGAGOR fw the r ZO OOO- OO
P~ Pose of ucvrinq q+yment of`s~~ld!sum of i ~ • and th~ performanc~ of th~
cown.nn .~d ayrscmeors he.~;nafte~ expressed. ~nd fa divers 9ood and v~lwble conaiderationa. by th~ss pretents. does yraM, bary~in, ull, remis~,
reteas~, convey and confirm vnro ths MORIGAGEf, itt succeason and assigna, aU that uri~in tot, piets or pucel of land, situate, lyinp, u?d b~inp in 1M
C~ty ~ S t. Lu e 3 e and State of Florida, desuib~d ~s follows: -
All of Lot 5 and South 25 feet of Lot 4,
Block 2, M. K. MOORE~S SL'BDIVI3ION, as
per plat thereof on file in Plat Book 3,
Page 11, Public Records of St. Lucie Lounty,
Florf da,~~
~ .
STA`Tt F . Ul~i
~ ~ _OOCt~l6N ~p IAMp `
~ -
.j ~ 110lid'70 ` rr,~~
~ V - ~ 5 ~ 0~ ~~ff~0
A ~
P.B.,corpr~a ~ . RQC~~~ayj~os~a, e `
R ~iTp~~-q~r~,e . ,h
~ 1oi ~e ~ p~'~
~ ~AN/E ~ arcy • " '~js~~~lC~ t
~ ~.T~~ii'~0~ ~un ~ f~;a~,~~Fs
. ~ ~r ~ ~R
to~tMr with all and singular the tenements, hered',taments and ~ppurtsnces tlxrtunto belorgirg or in ~nywpe b. ~nd a!) ?Mts, b~u«,
proc~ed~ and po#~n atoviny and to sccrue from said pnmites, sll of which u~ included in the above u~d for
a~oirg tion h+b~ndwn.
TO HAVE AND 7p HQlO the above deuribed and granted p~em;ses unto the said MORTGIIGEE, its wuetson ~nd mipm fot~v~r. /4id fh~ sNd
11ROR~iGy,A~G,O,R fur LII 1 hein, executon. ~dminittraton and ~ssigns. F~er~by coven~nri with the said MORTGAGEE, its sucpsron ~nd asiptr,
+h+t'~+gi- A rB- lawfully sei:ed of the said premis~s ip fee# ple: that th~ same er~ fne, ckar uid dischat~d from all li~ns and ~ncu~
b..na. in ~.w a in -.~a ~n.r ~ W;n ~na Lhe1r .~a a.r.~a ~h. t~tN w th. um. a+~,...id -
M~'tY. ~ hein ahall wuranf .
NtORiGAGEf, its wcuuws ~nd auig~s, forever against the Iawfvl claim~ and demands of ~I) perso%
PROVIDED, ALWAYS rhst•if tlw MORTGAGOR shall pay unto the NWRTGAGEE the promissay note 1?ereinbefor~ de~uibed and slwli mdy, prompNy ~
and fully perfwm. diicM~, e:ecute, compl~te. cornply with ~nd abide by exh and every the stipulations, spreemen», conditio~a and oov~nq pf qid
promistwy note aod of this lYtortyape, then this Mortgaga ~nd the &rare hereby utated shaN ceass and be nvl! and void.
IT iS UNDFRSTOOD that t!~ word "Mortgagw" whether in the s~ngular w plwsl anywhere in this Morty~e, sh~ll bs sinpular ff on~ only N~d
sMll b~ plwal jointly u~d kverally if more than one, and thaf fhe word "their" es used anywhere in this Mortpape shall b~ t~ken fo r?Kin "hi~„" "I~ars,°
or "ib." whsrwe? the context so impties w admifs. Also, thst wherever there is a rai~rence in the cown~nts and apnements htrtin tqN~Ir~ ~p ~y p~
th~ parties hereto, th~ ~ame ahall b~ consnued to me+n s~ well as the hein, kyal represer?t~tive~, tvoceasws and ~ssipns (~itha vplvm~ry b~r act of th~
p+?YNS or involumary by operarion of rhe law) of the sarne and that the cover»nq herein conrained shatl bind a++d th~ b~n~fiti a~d adv~ntpw inun
to the retp~ctiw hein, 1~a1 represeretatives, woccssors and su~Qns of fhs parties hereto.
Md satd Mo?tq+pon, fw themselves u~d tlxir hein, lepal repreunqt~vp, successors and auiyns, hereby joiMly and sewrally covenant and pn~
fo and with tM said MpRTGAGEE, its waesson ~d auigns:
1. To pay all ~nd sirgular the printipsl snd intcrest and the vsriovt snd w~dry sums of moMy p~Y~bl~ by virtw~ of s~id promi~y rqte. ~rd thia
mortq+ps. ~+ch +nt! evary, promptly on tM days respect'nely th~ same sev~rally becwn~ due.
2 To par all and sirgvla tlw taxes, assesunersq, levie~, liabilities, oblg~tions u~d encumbrances ef every n~tur~ a~d kind now on s~id dNCrlb~d
W~h~, w that hereahN m~y be imposed. wffaed, p~aced. kvied, or ~s~essed thereon, a th~t her~ah~r may b~ Iwied a aaesssd upon tN~ AAorp.
p~, or tM ~ss secwed hereby, e~ch ~nd evsry, when dw and piyable, xcordinp to law, befwe they bewme dell^quem, and b~fw~ aeryr M~rrwt
+ttaches or aM? penalty is i~cvrred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAU 6E PROMFTLY SATISFIED AND DISCFIARGEp OF
RECORO AND THE ORIGINAI OffICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEtPT OR TtiE SAilSFACTION PAPfR OffKlAllY ENOORSEO
OR CERilF1ED) SHAII 6E PLACED IN THE HANDS OF SAIp NtORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENi; snd in tFw ~veM Ihat any N»rpf is no1
paid, sat'sfied ~nd dixharged sa:d MORTGAGEE may s~ ~ny r~me psy the same « any pan tF~treof wi~hovt waivirg o~ sffectin~ any opt;on, (ien, ~quiM o~
•ipM ~~der w by vitfue of fhif rtwrtg~ye and tlx full amov~t of each and every sucA payrnent shall be imrnediately dw ~nd p~y~ble ~nd shall b~a? iMU~at
~rom the date thtnof unri~ paid at rate of nine per centum per annum ~nd toyether with s~rth interest ihall be stcwed by the li~r~ of M:s mo?pt~.
aoox 1$8 PACE 33$
~ ..3~ - -
~ Ts '~,k ° Y 9~+'~' .,:4.¢ -z"
~ ~ e*ny ~~e~y~n, _ ~~~~~'ui~
.