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HomeMy WebLinkAbout0272 .e.' 2o64za THlS INDFN1URf, AA~d~ /M 19th day of March ~ A.~. 19~~, b~rween _ Tomn~y Martin and D~ry~ ?Qgp Mar his~' f2 of $t. L-uc~e ~p~~ty Florida, F1lfilMltN dsi~ynated as the "MORiGAGOR." and FIRST fEDERAL SAVINGS AND tOAN ; ASSOCIATION Of fORT PIERCE, a corporat~on aganised and ~xiuin9 unda tM laws of ihs Un~t~d Sut~s of America and having it~ prindpal piacs of ~ bu;iny~ in tM City of fort Pia~ce, St. lucie Cou~ry. Flaida, Mreinaha d~~iyna~ed ~i tM "MORTGAGEE:' WNEREAS ?M MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of S- 14 good and la~~.ful money of the Un;ted j S~ates adwnced by the MORTGAGEE uNO tt~e MORTGAGOR, as evidented by a cafain promissory oote oi even datc hz~e.v~tb, of wh:ch thp 1oi~o.ving in f ~ord~ and fiyurea w a true copy, towih ~ s 14,000.00 3- 26.905 ! Fo.~ P~rce, Fto-:~a, Ma rch 29 i9~1 ; ~ For value received, 1, ws w eithe~ of ~s, promise fo pay, without defalcat~on, to the orde~ of FIRST FEDERAL SAVINGS AND LOAN ASSOCtATtON OF ~ iORT PIERtE at Fort Pierce, Florida, the sum of = 14• ~0•0~ with interest (rom date at the rote of _~..Zg per annurn, in monthly enstall- ~ i ~rrnb as follows: = 12~ on the _~~1day of .ILZ 1T__, i9_ZZ and a like svm on the co~respond~ng day of eath momh there- ' atrer until ~he whole be fully paid. ~ Each installmenf first shal~ be applied in payment of 1he interrst and then on the unpa~d balance of the p~inc:pal s..~m. If default it made in lhe + F aymeM of any installment when due, and suth default tontinues 30 days, then at the opnon of the ho~der, and w~rho~t any ott~er notke, ail the remaining ; ns~allmenta shail be due and payable at once. P~ivitege is yiven to ptepay lhis note in whole or in part at any Nme without penalty. Na~iher forebearance, ' r.or acceptance by the holder fhereof after any defauh in any payrrKnts hereon, shall bc deemed eatension. A late paymrnt charge of S- , shal! be ~ added fo each installmenT remaini~g unpaid 7 days after its due date, and s like sum ahall be added to each such insfallment rer~~a:ning unpaid 7 days alter each succeeding payrt~ent date. i Each maker, sure~y and endwser he~eof, joiNly and aeverally, waives dema~d, presentment proteat and no+~ce of protest for nonpayn,~~~t, and further ~ a9rees to any extensioo of time of payment, either before w after maturity, without notice to an~ of us; and ro pay aL' cests of co~~~-cnon, inctod:ng • rrasonabte attorney's fee in the event of any default he~eurxie~, and heraby severolly waivea all oenefit oi homesreod and exrmpt~on unoer the constitution a~,d laws of each Sfate of the United States, as aga~nst this obligation or a~y eatension w renewal hereof. Witness the hand and seal of each party. 5~ TOIDIDV F1d Zt 12't (SEAII . ~ 5,~ Do r i s Jean Ma rt in ~s~Al) , (SEAI) ,~Z Z . OO t $tate Revenue (SEAU ( • NOW, THEREFORE, 1he MORTGAGOR fw the purpose of tecvring paymcnf of ~aid wm, of = 14 ~ 0~ , and the performance of the covena~n and agrcements hereinafter expressed, and fw diven yood and v~lwblt tonsiderations, by these presenta, dxs grant, bargain, sell, remise, releax, convey and confirm unto the MORTGAGEE, iri wcceswrs and ~ugns, al{ lhat certain lot, picce w parcet of land, situate, lying, and being in the Covnty of St. L_ueip , ~nd St~tt of Ffo?ida, described as iollows: Lots 16 and 17, pAAADISE PARK, a Subdivision i ~ according to a plat thereof recorded in Plat Book 8, Page 17, of the Public Records of St. I.ucie County, Florida ~ W} J~ ~ A 1~~ f" L(~ ~ i U/4 y RECEIVED t~ a' IN rAyMBfT OF TXI~ ~ i-- t~CUMENFQo~ STAMP TA~ DUE ~ CusS 'C ~[~rUHIG~et,E PE~OMA! PMO~EI[11?, k J~ = euRirn ru~~ To cw~r_-e ~on~. ecrs oF i~i. ? ~ = 2 f 0 0= ~oc~a rorw{s, a~?~ c~~,n cWrt P.B.~~~ER - = as 1~Bent for QANIEL N. KNOIN 1R St lude Cou~~h Taoc Colkcto~ ~ DEpun ct~nc rogether with all and singulsr the tenernents, herediumenri ~nd appu~tances thereunto be ~ a in ~n ~ proceeds and p~ofin acuuiny and to scuue from said Y~"~~ appertaininy thereto, ~nd all rents, iuws, premises, aN oi which ~re included in the abovt and fore9ang descriptior? snd habendum. TO HAVE AHD TO t101Q tht above dewibed and Qranted premi~es unto ttv said MORiGAGEE, its succeisas and assiyns fwever. Md tM said MQRTGAGOR foi thelr__- he;rs, executon, adminiatraton and auigrn, hereby covensnri with the sa~d MORiGAGEE, its successors a~d ~uiyro, ,hst - they_are ~,~~i~y k;:~d of the ~aid premi~es in f~t simple: that tlw sam~ sre free, clcar and diuharyed f?om atl liens a~d ~ncum- orentet in I~w or in equity, a~d that_ t~leV ~„d _ thpir F?eirs shall warrant and defend the title ro Ihe umt to the said MORTGAGEE, its ~ucceuw• and assigns, forevsr painft the lawfut claims and ekmands of all persons; PROVIDED, AlWAYS that if the AhURTGAGOR ~Mtl pay umo the MORTGACsEE the promissory ~ote heretnbetore deu~ibed ind shall tiuly, prompt~y snd fully per(wm, diuhary~, execute, comple~t, comply with ~nd ab~de by each and eve~y the stipulatiom, ayreemenb, condition~ and covenants of said promissory not~ ~nd of tF~is Mortga9e, then this Mortyaye ~nd the Estate hereby ueatcd shall ce~se and be null •nd void. IT IS UNDERSTOOD that the word "Mwtqa~or" whether in ths sinput~r or piv~ai ~nywhere i~ th~s Mortyage, shall be singulsr if on~ only and shall be plura! joinfly and sever~lly if more th~n ont, and tMt the wwd "their" at used ~nywl~ere in this Mortyage shall be taken ta mean "his,•• ••hen; . ~ or "it~" WFINOVN the context so implies w adr++;n. Also, th~t wherever there is a ref~renc~ in the covcnanb ~nd agreemena herein conuined to ~ny o~ the puties htr~to, tM ~ame sMtl bt conttrued to mta~ ~s well as the hti?f, hpa! rtpresentative~, successon snd sssip~n (either volu~ury by act of th~ parti~s o~ involum~ry by opcrstion of the law) of ti+~ same ~nd that tF~e covsn~nts her~in conuined shall bind and the benefi~i ~.~d adwntayq inw~ ~o tFw r~~psc~iw hsin, kqd represent~tivK, wccesw~s ~nd au'yrn of tM pa.ti~s hereto. Md s+id Mat9a9ws, fw themulve~ and their Min, ipal r~pres~nt~tirn, wcceuas and auiyni, hcreby jantiy and sererally cove~~nt and ~QrM +o ~nd wi~h tF?e ~aid MORTGAGEE, 1ts successaa ar~d ~uipm: 1. To pay ~tl ~nd sinpul~r tM p~intipaf •nd imt~tit and th~ various and wndry sumi of mor?fY Pay~ble by vir~ue of s~id prom~uwy not~. u?d this r~wtyaqe, aach ~nd every, promptly on ~h. d•~~ re~pea~v~ly th~ sam~ Nv~ralty bacorn~ dw. 1. To pay •tl a.~d ~inqv(u th~ t~a~M, ~tse~smenn. (wi~s, tiabiliti~t, obliq~;ons u+d ~ncumbr~nce~ of every na?ur~ and kind now on a~;d d~scrib~d prop~rty, or that her~a(t~r may b~ impos~d, suffn~d. Plaetd, levied, or ~ak~ftd therwn, a that-hereafrer m~y be I~v;ed or ~ssessed upan this ~y~, a tM Indtbt~d~eu securad h~r~by. ~ach ~nd w~ry, wMn dw ~~d payabl~. ~ccadinp 1o I~w, befw~ Ihey becw?k de(inawnl. ~nd b~iw• ~~y In1~li~st •r?ec?~ts w+nY Pen+l?y 'en incurred; AND INSOFAR AS ANY iHfREOF IS OF RKORO ~HE SAME SHAII 6E PROINP~IY SA~ISfIEO AND DISCHARGED OF RECORO AND THE ORIGtNAt OfFICtAI DOCUMFNi (SUCH /15, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OfftClAllY ENDORSED OR GERi1FtED) SMALL EE PtACEO IN iHE HANaS Of SAID MORiGAGEf WITHIN ifN DAYS NfX~ AFTER aAYMfN1; and ;n the event ~M1 any ~her~of is not pa,d, sat tfied ~od discMrq~d ~a:d MORiGAGEE miy at •ny /urN p~y t!N a~me w~ny part thereof withoul waivir~ o~ affecnnq any pptipn, lien. puity p •~qht under a bp virtue of thit mortyaya and th~ fvll ~mount of each ~nd •very tuch p~yment ihal~ be ~mmed~~tely due and payabie •nd shali be~r inta~~t ~•om th~ date tlKrtof unti! pa;d ~t r~te of n~ne pe~ c~nlum p~rr ~nnum ~nd topeth~r w~th ~vch ~ntarest sh~ll be iewred by the I~an of th:• mor9~p~. l'~.~ ~ _ c 191 271 ~