HomeMy WebLinkAbout2519 _ ~ 20588~1
TN~S INOENTURE, AMd~ the ~ t th day of ~rCh A.D. 19~?~, betv~een
Herman R. Swomerlin and Barbara B Sw+aae~n,~~y~ife
St. Lucie ' ~ ' '
of County Fbrida, htreinaftK detignatcd as th~ "~AORTGAGOR," and FlRST FEOERA! SAVINGS~ ANb OAN
ASSOCtATtON OF FOR1 PIERCE, a cwpo+at~on organized a~+d ex~uinp under tM laws of the Un~ted S~at~~ of Ameriu snd M~inp ih prw~ipal~i of
b~s~nesi in ths City of Fwt Pi~rce, St. luci~ Cou~ty, florids, MlfIMI1N d~siynatad ~s ~M "MO iGAGEE:' ,
WHEREAS ths MORiGAGOR if jvitly indebted to the MORTGAGEE in the sum of = ~
3~ good ard lawful moruY qf the Un~ted
Siates advanced by the M.OR1GAGfE vnto the MORTGAGOR, ss evidanced by a certam prom~ssory no~e of e~en dare hrrew~th, of whi:h the •iO~owiny in
„ords and (guros is a trw copy, to-wit;
s t 3, 500. oo 3-1 b, 874
fwt Pierce, Florida, ~~h ~ ~ 14_L
Fw valve received, 1, we or either of us, p~omise to(~ y, wi~houf defakation, to the order of FlRST FfDERAI SAViNGS AND IOAN ASSOCIATION OF
FORT PIERCE al Fort Pierte, Fb~ida, the sum o( _ ~ 3~~""'~ w~th intrrest from date at the rate of ~!25°o prr annu:n, in monthly install-
^e~ts as (o!lows: S ~ 2t o~ fha ~~'h day of ~pr~ 19__~_ and a like sum o~ tha correspond~nq day of each mon~h ~here-
erier uroil the whoie be fully pa~d.
Each installment firat shall be applied in paymeM of the i~teresl and then on the unpaid balance of the prtnc:pal wm. if defaulf is made in the ~
;~,ment of any inata~tment when due, and such default continues 30 dsys, then at the option of the holder, and w~tho~t any other not~ce, all fhe remaining ~
~~srallmen:s shall be due and payable at once. Privileye is 9iven to prepay this oote in whole or in pan at any t~me wi~hout pe~ialty. Neitt~er faebearance, f
ncr acceptance by the holder ?hereof after any default in any paymeMS hereon, shall be deemed extens~on. A late payment cfiarge of S- _b'~_, shatl be ~
>d3ed to each installment remaininQ unpa~d 7 days aitet its dw date, and a like sum sha!! be added to eath such instailm~nt remaining unpaid 7 days after i
each wtcseding payment date. i
Each maker, surety and endorut hereof, jointly and severslly, waives dcmar.d, presentment protest and r,ot~ce of protes~ far nonpayrnent, and further E
~
aqreea to any eztension of time of payment, either beiore or after mafurity, without nor~ce to any of us; and to pay all costs of collection, indud~ng a f
r.~~sonable altwney's fee in the event of any defauh hereunder, and hereby severaliy waives all benefi~ of homesread and exempt;on w.oer the constitulicn +
,:,d laws of each State of ~he United States, as againat thia obligation or ~ny eYte~s~on or renewat hereof.
Wiiness tlx F~and and ual of each party. g~ Hg2'l~Sn R• Sun~rrarlin
(SEAL)
s Barbara B. S~aerlin ~~A~~
(SEAL)
( ~~•27 ~ Suts Revtnve (SEAU
;
NOW, THfRfFORE, ~he 1VlORTGAGOR for the r ~ 3~5~•~
pu pose of secvring p~yment of ssid sum of i- and the performance of the ~
coven~nts and agreements hereinatter eapressed, and fw diver~ good and vsluable considersliw+s, by theie presents, does grant, bargain, seti, rcm~se, j
re'ease, convey ~nd confirm unto the MORTGAGEE, its successor: ~nd aaigns, al! that certa;n bt, piece a parcel of land, iituate, lying, and bcing in the t
County of St' •~i@ u~d Su1s of Flw~da, dew~bed ~s follows: F
r
~
, w wE All of Ivots and 5 and the East one half of LoL 3,
Blxk lt6, Onit 1, SAN LUCIE PLAZA, as per plat thereof
_ R`°p' ~~°R~ r on file in Plat Boak 5, Page 57, of the Public Records
i 1 I e ~ 0 of st. Lucie cow,ty, Florida, ~
. ,
RECEIYEA D~ ill PAYMEM OF fRYiES
DJE QN ClASS 'C INTANGIBLE PER90NAL PROPERiY.
W ~ I A~~~F f" L U~~~~ ~%'^S-N1T TO CWIPiER 20J24. IICTS Of 13t1.
c~ ~ DOCUMENTA~~ STaMP TaX f.OG~R POITRAS, Clert~ Greuit Court
~ z - ' - as Agent fot DANIEL N. KNOWLES, 1R
> - ~ir~i y~' s =
_ ~ ~ Q Z 5= St lucie County Tax Ilecta
v
N V COMPTRQLLER r =
P.g.~9o~3s ° _ gy
o~un cxE~c
togetl+K w7th sll and singular the tenements, hereditamenb and appu?tances tMreunto belonging or in anywise appertaining tl+ereto, and aN r~nti, iuves,
p.oceeds and profi~s acauing snd ro accrue from ~aid premises, all of wFiKh ue included in the above and fwegoing descriptiw~ and hsbendum.
TO HAYE AND TOtI}OLQ tiw ~bove dewibed and y~anted pemises unto the s~id MORTGAGEE, its svccesson u+d assigns fwever. Md th~ taid ~
. ~
MORTGAGO for --Z hein, executon, administrators and sssigns, heseby covenants with the said MORTGAGEE, in wctessan and ~uipro, -
that -t~~ ~B - lawfully seized of tF?e taid pr~mis~s in fee simple: shaf tF?e same ~re fre~, ckar •nd dixharyed irom ~II liero and ~ntum- ~
brantes in law w in equity, a~d that t'hA~ will and their F~ein shall vr~rrant and defend the litle to the tam~ to the taid
MORTGAGEE, its succeuwi and sugns, forever ag~inst the lawfut cl~ims and demands of al! pe?sons;
PROVIDEO, ALWAYS tfi~t if tl+e MORTGAGOR shall pey w?ro the MORTGAGEE Ihe promiswry ~ote hereinbefore described ~nd sh~ll truly, promptly
and fully perfwm, d~sch+rye, eaccute, compl~te, canply wi~h and ~bide by each ~nd we~y the itip~lations, agreeme~rs, conditions and covenants of u~d
promissory rate ~nd of this Mut~+ge, then this Mort9~ and tFr Estate hersby veated sh~ll cease and be nvll ar+d void.
IT. IS UNDERSTOOD tMt 1he word "Mortyyw" wi~ether in tht singular u plwa! anywhe~e in thls Mortgage, shall be sinpul~r if on~ only and
ih~~l be plural joimly ~nd severally if mw~ than ont, a~d that the word "their" as used anywhere in thK Mortfl~ shall be taken to mea~ "his,•• •'hen;'
w"its," whe~ever the context so implies or ~dmits. Alw, tMt wherever there is ~ reference in ths covenann ~nd ~greements herein coMained /o any of
~he parties hertto, the ~am~ shall b~ constrved to me~n as well ss the heirs, kyal representatives, successon and assigns (either volunt~ry by ~ct of the
p~rtie~ or inwluntary by operation of the I~w) of the samt and that the cove~+ants herein contained thall bind and tlw benefih and Odr~ntayq i~wrt
to the respectiv~ he'ai, teyal rep~esentatives, succeswrs uid ~u~yr~ o/ the panses hereto.
Md s+id Mwtgpon, fw fhernselves and the'u hein. I~QaI represent~tive~, successw~ ~nd assigns. hereby joiMly snd severally covenant end aqree
ro and with tM said MORTGA(3EE, its wcc~uws ~nd ~ssiQns:
1. 1o p+y •II a~d sin~ular tFK pri~cipat snd interett and t!w wriovs ~nd sundry sums of rt~oney payable by virtue of said p~omissory note, and this
mortype, e~ch ~nd every, promptiy on ~he day~ resp~crively t!u asm~ ~ev~rdly becane dw.
2. To p+y alf ~nd sinQul~r the tax~s, atses~m~nb, levits. l;ibilifies, oblipations ~nd ~ncvmb!anca of every nature •nd ki~d now on ~aid describ~d
p+operty, a tl~at hcr~afier maY be impo~~d, iuffer~A, placed, kvied, a auess~d thereo~, or that herea(ter may be levisd o~ useued upon tF?it Mwt9- s
+9e, w tFw k+d~btedn~u secu~ed her~by, ~ach ~ tvKy, v,rhM d,N ~nd paysbl~, accordi~p ro l+w, beio~~ they become delinqwnt, and befa~ arryr k~tKtst
at~~ches w~ny penatty is intur~ed; AN~ INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SMAIt 6E PROMPTLY SATISflED AND O~SCHARGED OF
RECOR~ AN~ THE ORIGINAt OiflClAl OOCUMENT (Sl1CH AS, FOR INSTANtCE, THE TAX RECEIPT OR THE SAi1SfACTfON PAPfR OfFIC1AttY ENOORSE~
OR CERTIf1E0) SHAIt BE PIACED 1N THE MANDS Of SAIO NIORIGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in tne event that ~ny thereof is not
pa~d, sat s(~ed •nd d~xharyed sa d MORTGAGEE may at iny t~me p~y the same or any part thereof without waiving w a~fecting any option, lien, equity or
•~aht ~nder o~ by vi.rue of th~s mongaqe and ~he fuN ~mount of exh ~nd evc~y such paymenr ihaU be immcd~atrly due ~nd p~yabte •nd shafl bear ~Merest
~.om rhe date thereof untii pa:d at ratt of n~ne per ctnt~m per annum and ~y* uch intMMy~~~ ucured by ~he I~en of th:~ mor9ta9e.
eu;:~~ P.:~;