HomeMy WebLinkAbout2962 206253 ~
THIS INOENTURE. Med~ the 12Lh day of • M,.~Si~'1 A.D. 14~jr_ , b~:twec~
_ Patrick S~,~lly and Judith A. i,~tiy~ his ~ifp
of St . Lucie Counfy ftorida, heteiMfter dCSignated as fhe "MORTGAGOR." and fIR$T FEDERAI SAVlNGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpo?ation wyanized a~d exi~~inq under the laws of 1he United Statos of America and having its principal place of
bvsinsu in tM City of Fat Picrce, St. luci~ Cou~ty. Fluida. IKreinaiter de~iflna~ed as ths "MOR(GAGEE."
WHEREAS 1h~ MORTGAGOR is justly irtdebt~d ro the MORTGAGEE in tbe sum of = 1 S~ 60~ •~O good and lawful money oS thc Un.ted
Sraros advanced by fhe MORiGAGf.E uroo the MORTGAGOR, as evideoced by a certain promiuory note of rven daee hrrewith, of wh:ch ~he following in ~
words and (igures if a trw topy, Iq~wih ~
z 3 5, 600.00 3-16, 880
fort Piertt, Flo~ida, Ma rch 1 Z'~y ~y~
Fw value rKeived, 1, we or either of us, promiu to pay, withovl defalca~ion, ro the ordrr of fIRST FEDERAL SAVINGS AND LnAN ASSOCIATION OF
EOkT PIERfE a? Fort P~erce, Fbrida, the sum of j 1 S~ 60~ Nr;th inteiesl from date al the rate of 7• 7 So pei annum, in morUhfy install• ~
~^r~,~s as fo1!ows: 2129.~~ _ 15t~y of AR.ril 19_Z~.- and s iike sum on the correspond~ng day of each month there-
a'~er until the whole be f~lly paid.
Eac6 ir.stalimero iirst shall be applird io paymenl of ~he interest and then o~ the u~pa~d balance o~'the pnnc~pal sum If defeult it made in the
~~;~nent of any installmeRf when due, and such drfault continues 30 days, then at the option of the holder, and wit!:ow any othzr nouce, all the remain~ng
` nstallmeMS shail be due ar.d payabk at once. Privilega is given fo prepay lhis note in whole or in pa~t a~ any t~me withoul pena~ty. NeitLer fo~ebearance,
~~or accep~ance by tfie holder thereof a(rcr any defauh in any payments hereon, shall be deemed eate~sion. A la~e payinent tharge of =_6!as shall bs
•ddzd to each instsUrtienf remainirg unpa~d 7 days ther iri dua dale, and a like sum shall be addrJ to each wch mstaUmant remaioing unpa~d 7 days afte~
ea:h succeeding paymeM date.
` Each maker, surety and endwser hereof, jointly and aeverally, waives demand, presentment protest and no~ice of p.otest for nonEayment, e~d further
aa~ecs to any eatension of hme oi pay~neol, either beEore or after maturity, witYwut not;te to any of us; and ro pay all cos?s of c~!Icciion, induding a t
~ r,~ssonable attorncy's Eee in the event o( any detault hereunde~, and hereby severaliy weives aU 6enefrt of Iwmestead and cxcrnpt~v~ under the con~titulion
~ a~~d laws of each $tate of the United States, as againat this obligatian o~ any extension or renewat hereof.
~ Witneas the hand and se+f of each party.
~ s/Patrick B. Lally ~~t~
. , (SEAI)
~ f~ ~ s_ Judith A. Lally csEwU
~ 23 . 40 ) State Revenw .
~ .~fi~+nQsswseil~d.ow.or~i~i~we)
~ NOW, THEREFORE, the MORTGAGOR for the purpose of securirg p~yment of. ~aid sum of S 1 5+ 6~ ~ and tAe perform~nce of tfi~
covena~ts u+d agreements hereinafter expressed, and fw divers ~ood and v~luabl~ considerstiorn, by f~?ese presn~ta, does grant, baryain, sell, remiu,
re:'rase, convcy and confirm unro the MORTGAGEE, iri sutcessors ~nd auigns, all that «~tain lot, piece pr parcel of land, situate, lying, and being in the
Coumy of St . l.L1Cle ~nd State of Flwida, dewibed ~i follows:
~~partment II-101 of INI,ET HOUSE CONDOMINIUM APARTMF~VTS, BUILDING NO. II, a
condominium, according to the Declaratim of Condominium, recorded in O. R. ;
E
F3aok 190, Page 929, of the Public Records of St. Lucie Caunty, Florida,
TOGETHER WITH all of its appurtenances according to said Declaration.t/ .
RECE'V~D S~~ 1_4.__ IM PAYMEt(T OF TAXE$
C:E C~ CL1SS 'C' lMT:4.NG'0!E PERSCMAL P+20PERTY,
P. S A~~: .0 CHAF'T:R ~~12~, ACTS Of 1941.
~`JG' ~i( ~ ~,AS. Clerk Circuit Coud
`~.a~l H I C~~ t- L U t-2 f L' ~`a as Age: t for C'~~~IEL N. KN(?WLES, ]R
U~ DOCU~tiSE1VTt1~'ti'~~ :'ra!•1F~ T~1X St lucie Cou:.t~r Tax Coltect r ~
~ Z = _ ~~i-----
~ = n~~i7'~i ~ B
~ ° " T~=~~23G0= r- `
V) U ~CM?TRG~LEA - ~ ~n ~RK
P.E3. jOC13R ~ ---T-
rog~+hN with sll and sin9ul~r tM tenemenb, FKreditam~nq and ~ppurtances tMreunto belp~yinq a in snywis~ appertaining theretv, ~nd dl ~ents, issws,
p~oceeds and profits accruinp and to ~ccrue irom said premists, all of whid? are inclutled in Ihe above and fo~eyoing d~uription and habendum_ ~
TO HAVE ANO TO HOID tM sbove deuri!»d and yr~nted premises unto t!K said A0.pRTGAGEE, ifs fuccesson u+d as~i9n~ fo~evK. Md th~ ~aid ~
MORTGAGOR fa heirs, e~cecwon, adminis~rator• ~nd auigns, hereby covenants wi~h the s~id MORTGAGEE. it~ ~ucceua~ ~nd assipm.
~hst a-L~-- lawfully se~:e6 of the s~id p~tmises in f~e simplr, that th~ iam~ ~re irN, ckar ar+d dixM~qed from •II liens and ~ncwer ~
r,rinces in law a in puity, a~ that_ they will and thei r hein thall wuram and defend ~he tiHt ro the sams M thr wid
N:QRTGAGEE, iq successors s~d as~~Qn~, faevr~ ay~inst ttw l~wful claims ~~d dcm~nds of all persons;
AROVlDED, AIWAYS that if th~ MORTGAGOR shall pay unro tM MORTGAGEE tht promiuory not~ hereinb~fwe detuibrd ~nd sM11 trvly, p~omptFy
•nd fully periwm, d~xh+rp~, eaet~te, complet~, comply with ~nd abide by each and :very the stipulations, agreeme~ts, cond~tions •nd cov~r?ants of w~d
v~o~*u~sory nott +nd of this Mwtyaye, rhen this MwtqaQ~ ~rd tM Eaute h~r~by v~ated ihall ceisr snd be null and w~d.
li IS UNDERSTOOD shat ti~e word "Mortyayw" whetF~er in the unpular p plural MYVV~1l/f in th~s Mortys~e, shall be sinyular if on~ only ~nd
•h~ll b~ ptur~l join~ly ~nd ~ev~r~lly if rtwr~ thsn ont, and tMt th~ wwd "their" ~s ~sed anywher~ in tAa Mor~9ay~ ~hall b~ taken ro m~~n "'Ais:• ..hen•.
w"its:' wherere. the conteat so irteptiet a admits. Alw. that wherever ther~ is • refsrrnc~ in ~ht covenann and apre~menn herein conf~in~d ro ~ny of
rfu par~i~s h~reto. the sarrK ihafl be con~trued to m~~n a~ well the Mirs. Ipal r~pr~sent~tivef, succ~saas ~nd ~ssigm (ei~her vofuntary by ~ct of ~h~
panie~ w involu~tary by opr.arion o/ ths bw) of the farn~ ~nd that fhe covenants her~in contained sh~ll bind ~r.d tM b~nefits u?d ~dv~ntsQ~s inw~
ro the resp~ctiw be~n, ipd ~epr~sen~afives. ~uccessors and ~ss~pro o~ tM pa?ties Mreto.
And s~id Mortgpon. (pt thtmselves ~nd thei~ I~in. Ip~l rep?~stnt~tives, autc~sson ~~d ~stipnf. htreby pintly •nd ~tverally covenant ~nd prte
+o ~nd with th~ uid MORiGAGEE, its succ~ssas and n~iyro: .
1. To pay •II and sinpular ~M printip~l ~nd im~r~~t and tM v~rious ~nd su~y sumi of mon~Y P~yabt~ by virWe of ~a~d prom~swry not~. ~nd tha
rnorty~pe, ~ach ~nd ~wry, w~P~~Y on ~h~ d~ys reap~t~~v~ly the t~m~ wv~r~tly becon» dw.
Z. To pay ~11 ~~d ~irgvfu the I~x~s. ~~kssm~nt~, I~vits, liab+li~i~s. obliyations a~d eneumbr~nce~ of ~re~y natur~ ~nd kind now on ~~id drscriMd
prop~rty, p tMt hsr~~ft~r may b~ ~mpos~d, wffK~d. Pl~t~d. Iwied. or ~was~d tM~~on, w that h~re~f~~r may b~ lev~~d w us~s~ed upon thi~ Abort~-
s9a, or ~M 'a+d~bt~drws~ fecu.ed he~~by. ~xh and ~r~ry, wMn dw ~nd pay~bl~. ~ccwdinp ro bw, t»fa• ~My become del~nqwm. ~nd btfor~ ~ny inNrH~
•rr~ches or ~ny pen~lty is incu~red; AN~ INSOfAR AS ANY iHEREOF IS OF RECORO iME SAME SHAIt 6E PROMPIIY SATI3F~ED AND D~SCIIARGED Oi
RKORu AI~ID THE ORIGIIIAL OfitClAl DOCUMENT (SUCM AS, FOR INSiANCE, THE iAX REffIPi OR THE SATISfAtIlON PAPER OfilClALtY ENDORSEO !
Uk CERIIFIED) SMAII SE PlACEO IN TME HANDS Of SAIp MORTGAGEE WIiHIN ~EN DAYS NEXT AfiER PAYMEN~; •nd ;n the •ven~ ~Aat a~y ~F~erp1 is rwt
;.a~d. t~t tfKd ~nd d~xh~~qed sa d MORTGAGEE m~y at •ny I~rne ar rM same w~ny p~r1 th~rwi withour w~iv~ny a•Hecnny ~ny opt~on. lien. ~qvny a
•~~he vndtr or by v~rtut of tAi~ monqa9~ ~nd ehe fvll ~movnl of ~~th ~nd way such paynunt sh~ll b~ ~mmed~~~~ly dw •nd p~y~bl~ ~nd sh~ll p~~~ intN~st
~,om ~he d~~e ~her~of v~r;l p~~d •e r~~e o} n~~e p~r c~n~~m p~r ~nnum t h wch 11 be scc~red b ~h~ hen ol ~h s moryrp~
u - Y
II ~
k y ~ y ~ yF,'
~ s U ~...e 'x...~.,.~-xi~ _ . = .