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HomeMy WebLinkAbout0937 ~Ot~31 , THIS INDENTURE, lY4d~ the_ 17th day of March w A.D. 19-T1, b..tv~een Jahn R. Lupu and Virginia C. Lupu, his wife o~ St. ~.L1C~C ~p~~~y florid~, AN~1MfIN d~~iy~a~ed +s 1hs '"MORTGAGOR," and fIRST fEDFQAL SAVINGS AND IOAN A5SOCIATION OF FORT PIERCE. s corporstion wp+ni:ed and exiUinp und~~ IM laws of ths U~ited Stat~s of M»ric~ ~nd Mvinp iq principat plac~ o} buun~u in tM City of Fott Pi~rc~. St. luci~ County, Florida. Mr~in~Nt~ desipnat~d tM "MORTGAGEE:' WHEREAS tM MOR~GAGOR is jvstly i~+debt~d ro tM MORTGAGEE in the sum of i 18 ~ 6~ ~ood ~nd ~ewful money ot the Un:ted Stste~ advanted by the MORTGAGEE umo the MORTGAGOR. evid~nced by a certain ptomifswy note of eve~ d~te hertw~th, ot which the follow~nq in v,ordi ~~d fiy~res is a trw copY. to-wit: . ~18.600.00 ~ 3.16,892_ Fwt Pierc~. Fio.~d., ~ Ma rc h 17 ~q 71 for v~lue tecaved, 1, we o~ either of us, promise fo pay, wi~houf d~(~Ita~~on. to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT VIERCE at Fat Pierc~, Fbreda, the sum o( ~ 18 ~ 6~ with interesr from date at the rate o) 8! ~°.e {xr annu~n, i~ monthly install- ~~e~ts u follows: 5156.~ _~~M lsth~y of July 19_ 71 and a like sum on ~he corre~pond~n~ day of each ~nonth there- after u~lil the whole be futly pa~d. Each instatimenl tirsl shall be app~ied in payment of tM interest ~~d then on the unpaid balance of the prinupsl sum. If default is made in the paymcnt of any installment when due, and such def~uh tontinves 30 days, Ihcn at the option of the holder, and without any othe~ notice, all the rrmaininq ~nstal4ntnts shall be due and payable at once. Privi?a~ is yiven fo pr~pay lhis not~ in whol~ w io part at any t~me without pcnelty. Neither forebeararxe, nor acceptance by the holde~ thereof after a~y default in any p~ymems he~eon, shall be decmed exte~uion. A:ate psyment charge o( S_7 •_8O ~hall be , eoded to each instalLnent remai~iny vopaid 7 dap aft~r fts du~ date, and a like sum shall be added to each such installment rema~ning unpaid 7 days aher each tuctetdinp paYmen? date. _ ~ ~ E+ch maker, surery and endorser hereof, jointly and feve?+Ily, waivts dcmand, pre~entment protest and no~+ce of proresl io~ non~ayment, and further ~ agrees to any Qxtensiw~ of time of payrt~ant, either befo~e a after msturity, without notice to any of us; a+~d to pay all costs oi co+lect~on, inctud:ny a rrasn~abl~ ano~ney"s fee in the e~rent of any default hereurxler, and hereby severally waives all benufit of hor.irstead and er~mpt:on unde~ the constitutiw~ " e~~d liwt of ea•h Srate of ~he United States, as ayainst this obtigation w any extension or renewal t,~rrof. ! ~ 1Kimess tM ha~d and ual of cach party. s/John R . Lupu ~Ai~ a (SEnt) ~ s/Virginia C. Lupu ~ (sEwU ~ ~ S27.90 ) sf,r. ae~enu. (S ) ~ NOW, THEREFORE, the MORTGAGOR for th~ p~rrpose of securiny payment of said sum of S 18 • 6~ and the performance of tl+~ ~ cove~ann and agresme~,n hereinafra. eap~cssed. ~nd fw diven pood and valwble conside~ations, by these prexnts, does gran~, bar9ain, sell, rem~se, releax. convey +~d confirm unto the MORiGAGEE, its wcceuaa ~nd aui9~s. all ~Mt certain lot, plsce or puce{ of I~nd, sitwte, lying. and beirq in ths Covnty of St . I.11C le ~nd Stat~ of Ffwid~, described ~s follows: Lot 9, D. D. A. Subdivision, as recorded in Plat Book 15, page 23 of the Public Records of St. Lucie County, Florida, ~ ~f~ ~ d~Q~,r, 2~ • 3'' S ,C ~N a oN 1 `0 C~e~ Q~~S~ . i ~ ~ ~ - _ - oU~:,s,;a~ ~Z~pS. N• `t~ ~ 5'j ~ t- L U K 1 l~ !a P'` ~ G S1 ~ pPN~~'~ f! dS~' j v~ OJCt;~dEP+ i A^_,-~,___ ST;ah;F T:: ~ C~~ ~e~~ l~~ ~ f~ ~ w~ ~ ' - , , il~.. - t ~ - 11AR30'TS `j _ ~ ~ , J ~ ~ 2 7 9 0= ~ o - _ ~ (A ~ CCNSPTFG'_LEF = P.B.~9o~3s - - 81 ~ ~ ~ ~ ~ ~ rogetf~ with al) u+d singular the teneme~n, hereditamenn and appwt+nces tfierevnto belaiyirg or in a~ywist +ppe~t+ininp tFwr~to. ~+~d all renri. Fssues. ~ p.oc~eds and profin scau~ng srd to accrw from said premaes. +II of which a~ includcd ir? ths above ~nd faeyoiny dewiption and habendum. ~ i0 HAVE AND TO HOID the sbow dexribad and yrmted premis~s unto tM said MORTGAGEF, its tuccetsors and auigra fwewr. Md tlw said MORTGAGOR for the1T ~in. ~aecuton, adminiserators and assgro, hsr~by covsna+~b with th~ aa~d MORTGAGEE, i» succeuors ~r+d aui~+s. ~ they are ~ tF,at lawfutly se~zed of the ~aid premisa in fs~ simple: tMt tM sam~ ar~ fre~, ckar and diuiw?q~d from all liero and ~ncwe~ ~ b.ances in law w in equity, a~d that th~ will ~nd the1T hein shall warnM and dsfer+d ~M ~+N. ro~he ~.m. ro rh. s.d ~ MORTGAGEE, in wcussars and augns, faerer ~pairut tM I~wful claims ~nd demands of ~II perwns; - PROVIDEO, AIWAYS th~t if the 1NORTGAGOR ~h+ll pay unto th~ 1KORTGAGEE tM promiuw~ nott Mreinbefw~ destriMd ~++d sMil truly, promptly and full~ perfwm, dhdurqe, ex~cute, compl~», comply with ~nd abide by e~ch and every tM stipulati«u. a~re~menb, ca+ditions and coven+nts of taid ~ p.omisaory rot~ and of tha Mwtyaye, tMn this Mwtysp~ and tFw Esa~e hereby aested shall uase u~d be null ~nd vo~d. > IT IS UNDERSi000 tnat the word "JlAortya9or' wh~tF~ i~ tM t~rgubr w plw+l anywhe~~ in this Mortpap~, ahall b~ sinpulu if on~ only ~nd ~i shall b~ plw~l jointly and sersrally if mw~ thae+ one. ~nd that tM wwd "~heir° ~s v~ed anywhsn in /his Mortpsp~ sh+ll be taken to m~an "his:• ••h~rs•• o~ "in:' whe+wer the conte~~ w impl~es w adm;n. Also, that wher~va~ ther~ i~ • r~fer:~ct in tM covenanls s~d ayreemtnb herein coM~Kwd 1o any oi ~he puties herNO, the fame ~hall be comtrued to m~an n wsll a the heia, kpal repesentatives, sucuuws and auqra teither voluntary by act of tM s puti~s a involuntary by oper+rion of tM Iwv) of the same ~nd that the covena~a here~n conuin~d shall bind s~d the ben~lin ~nd dv~ntap~s inur~ v to tlr reip~ctiw heir~, kg+l rspresentariws, suu~swn and aa°qm of tM p~rties hKefo. ~ - /1nd yaiJ Mort9a9w~, fa th~msdws snd th~ir i+~'vs. Ipal rprestnt~tives, succ~sson +nd ~uiyns, hereby joinNy and s~v~/~IIY COVfM~If l~IN to ~nd with the s~id MORTGAGEE, its succ~sw~~ ~nd +ssgm: ~ 1. To p+~ ~11 ~nd iinyulsr th~ pincip~l and intKeq and th~ variou~ ~nd wndry wms of moneY paYable by virtw of said promisao?y rwb. ~nd thii 'u~~_',~ mortp~yt. ~ad, ~nd ewry, p.omptty on tht days reap~aivtly tF» wM wwrally bscarw dw. ~ 2 To pay dl and unpvln tlw uaes, a~ws~m~nt~. Iwies, li~bilitws, obl~yationt and ~ncumbances of every na~w~ u~d kir+d now on s~id desv~d ~ p.operty a th~e hereah~r may b~ irnpos~d, wffMed, plaud. Iwi~d, a~wss~d tMrwo, a tMt her~ah~r nuy b~ lev~d or aise~sed upon thb 1Nort~ ay~, a the 6+debi~dneu acured henby. ~ach ~nd wMy, wMe dw ~nd pay~bb, accordinp to I~w, befwe ~My beca~» delinqwnl, ~nd b~fw~ My in»rnt ~ ur~ches w any p~natry n incurred; AND INSOf/Ut AS ANY TMEREOf IS OF RKORO TME SMAE SHAII 6E PROMPTIY SATISPIE~ AND DISCMARGED OF ~ RECORD ANO THE ORIGINAL OffICIAI OOCUMENT (StKH AS, fOR INSTANCE, iHE TAX RECEIPT Oit THE SATISFACTION PMER OffICIAIIY ENOORSED ~ OR CERTIFIED) SNAtI SE VU1~ED IN 1HE NANDS OF SA~O M~ORiGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tM ~venr that any therwf is not ~ - pa~d, s~t afied ~nd dititharged sa:d MORIGAG~E may at ~ny time p~y tM ~am~ w~ny pxt tFK~eoi withovt w~~vinq o~ •1fec~inq ~ny optan, li~n, equity a •~ht vnder or by v~rtw af thit more9pe ~nd the full ~mo~nt of each and ertry sutM payment shdl be immed~~ttfy due and p~yable and ~hall be~~ iot~r~~t ~ j•om rhe dal~ thereol umil paid ~t r~te of n~n~ pe~ centum ptr ~~~ether w~t~erest sh•11 b~ securrd by tM lien d th:s morqtp~. r ;'3 'd' . _ " _ . . . _ . 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