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HomeMy WebLinkAbout0941 . . ~Ot85s ~HIS INDENTURE, AMd~ the 17*h day pf ~rCh A.D, 19~_1 ~:tween ~ _1c~hr~ R~_~nu and Vi rninia ~~i~n~.~ hia vif~+ , : ~ i. i a~ St • I.uCl@ ~p~~H F~«~~~ Mr~ieN(tN deiignated as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS ANU IOAN ASSOCIATION OF t~RT PIERCE. • corpaa~~on or9ani:ed ~nd ~xistinQ undM tM laws ol ~hs United Stat~s of America and Mvinp it~ pri~cipal plac~ of busin~a in tM City oi fwt Pi~ru, St, lvci~ County~ Florid~, heteirwfter dt~iQnated +s !hs "MORiGAGFE." ~ WNEREAS 1M MORIGAGOR is jwtly ind~bted ro tFr MORTGAGEE in the sum of i-17 ~ 6~~~_ good and lawful money of the Un~tcd S~ares adwnced by the MORTGAGEE unto tha MORiGAGOR, as widenced by s certa~n promitsory note of even date fierewith, of whrch 1h~ foJlorririp fq ~ ~ ~nords ~nd (i9ure~ is a trw copY. to-wif: s 17, 600.00 No ~ 16, 844 y Fwt Pieres, Ftw~d~, March 1~ ~y~L Fd value ?eceived, 1, we a cither of us, om~se ro ~ p~ pay, without defalcatio~i, to the orde~ of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PtERCE af fwf Pierce, Flotida, the sum of s- 17 ~.6~ wi~h interes/ from date at the rate of _.~.Q'o per annum, in moMhly install- ~~enrs as (ollows: j 14a.~ on th~ lSthd~y of J1xl,}( 19_~l_ and a like sum oo the cwrespo~d~ng day of each month the~e- afeer until the whole be fully paid. ~ 4 Each instaltmero fint shslf be applied in payment of ~he inteatst snd fben on the u»pa~d ir?!ance of the prinupal sum. Ii default is made in the • ~~ayment ot any insta~tmenl when due, and such defautt tontinues 3p days, then at the opt~on of the holder, and wiihout any oth~er nor+ce, aU ~he remain~ng ~~sr~limtnu shaN Ix dve and payable at once. Privile9e i~ qiveo to prepey this not~ in whple w in parf at any t~~ne witlivut penalty. Neither forebearance, nw accepNoce by the hoider thereof after any default ie ~ay paymeoN hereon, shaN be deemed extensio». A tate payment charge o( S_~ a_QQ_, shall be . =dded fo ea.~ ir+stell~rxnt remairNnp u~paid 7 days after ifs dw date, and a like sum ahall be ~dded to each such installment remaining unpaid 7 daya after eacA wccYedi~p payrt~ent date. ` T ~ Exh mak~r, turoty and endoru~ he~eof, jo+ntly and seve~aUy, wsives dcmand, presentment p~otcst and norke of protest ior nonpaymc»I, and further ~ egrees ro any Jiet~ia~? oi t~.ne of paymeN, either before or after maturity, without notace to any uf us; and to pay all casts of co~lection, ~ndud;~y • reasoosY~~ attwney's fx in the evenl of s~y default hereuoder, ~nd hereby severally waives a? benef~t of Iwmesrcad and eaemptio~ under Ihe constitution a~.d laws.of each Sta~e of the Un(ted Srares, as ayainat this obl;yation w any extension or re~rewal hereof. t Wirnesa N1~ hsnd and seal of each pa.ty. ~ s/John R. i,upu ~A~~ ~ ` (SEAL) ~ _sNirginia C. Lupu ~i~ S 26 40 i ( • ~ stare aev~nw ; tSrjf~~]~f1@~~0~@~Q?~) 17 600 OO ` NOW, THEREFORE, the MORTGAGQR fo~ N~e pu~pose of ~ecvring payment of said sum of : ~ • , and the performarxe of the cove~anN •nd apreementi he?tinaiter expreued, and fa divets ~ood and valwbl~ tonaiderat;ons, by thess presenls, doea graM, bargain, sell, remise, rekase, convey ~~d confirm unto tM MORTGAGEE, iri successots ~nd ~ssiyns, dl that cenain lot, picce or parcel of Iand, tituate, lying, and being in the County of St . Luc ie and S~at~ of Fbrida, d~xribed a~ follows: ~ Lot S, D. D. A. Subdivision, as recorded in Piat Book 15, Page 23 of the Pub2ic Records of St. Lucie County, Florida, ~ v ~ ~ yr ~ ~ jp~¢ !'i c~p~~~, ~1G191f 1-TRSI.e j~i ' } ocf.[1~ i C 1~' :~f i:;• D'JL V~ ~j~:,.t~S`R r~•_1~- ~ . •V V,N ~ ~'1 n ~~tr ` ~+t~~~' r'•.;~ , ~~!~i:.~-' S~l~l~~~r r-L.1t-:I~L3,a Ett';t-t W L' ~ ~ ,~_-~D; GOClii~lENiA~'~SifxMP 1N.( y,~.'_ Z .~a[. o V~"V ~ x ~ = C~Gn3~'7i •3-,, . r _ ~ '~i;,t ~ ~ L , ~ - - ~~R - ~ „i dLµ~~-- ° _ ' 2 6 4 ~ = , {n V C0~'PiRCit~r~ :t, ~ Ps.,~o~38 ~ rogetlw with aN uid singular the tenemsnts, htred;f~mer?fs ~nd appurtances thtreunto belon9irg or in anywis~ appertsininp thereb. and a!1 renn. iuues, p~oceeds and profia scuu~ng and to xcrue from said pr~miset, all of wfiich ue iricluded i~ the ~bov~ u~d fore9oiny desniptan ~nd Mbendum. ~ TO HAVE AND TO HOID tM ~bovt described •nd 9ranted p~emaes uroo th~ said MORTGAGEE, its succeison and auigns for~ver. Md tM said ~ MORTGAGOR fw t hei r___ ~;n, ~JIKUtOff, ~dmi~iitratws and assiyrn, hereby coven~nts with the s+id MORTGAGEE, in successors ~nd ~ssipro, the a re ~,~~i~ ~ t~ iMt -x--- y premis~a in fe~ simplr, th~t tht sam~ a~e fr~t, ckar ar+d diuhar~ed f~om al! IFem and encwrr br+nces in (aw o? in eqvity, and that_ they wilt ~nd their }1ein yy~ll w~r~an1 and defend tF?~ titl~ to the sarn~ ro tFw s~id MORTGAGEE, in iucceswn u+d auipns, forever a9airat the lawful cfaims and demands of •1~ perions; PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGfE tM promisw?y rqte kereinbefae dexribed and shall truty, promptly snd fuuy pc.form, d~sdwr~t, sxacutt, compkt~. compty with ~nd ab~dt by each ~nd every rhe stiputat~ons, apreement~, cond;tiona ~nd covenanri of s~;d wom+sso?y rwte and of this Morty~pe, than this IYbrty~ and the Etta~e her~by ueated sMll ce~se ~nd be null ~~d void. IT IS UNDERS1pOp iMf the wo~d "Matg~w" whether in tFw s~rqular a pl~ral sny,nhere i~ this Mwtgsp~, shall b~ sirqulu ii o~ only and •hall be ptwd 'pintly and ~ever~lly if mort tMn on~. ~nd that tFw word "their" af used anywhen in tA~s Matya9~ ~haN be t~k~n fo rrw~n "his:• •'hen," ~ w•.its,.. wherever tM conte:t w implies p admitt. Alw, that wh~rever ther~ is • referenc~ in the covenann ~nd ayreemenh hstein conNined to any ol ~ rhe pan;es hneto, the sarrn shall b~ cor?strued fo me~n ~s wdl at th~ h~us. {p~) rtpresentariva, svueuon and au~prn (either voluntary by act of tM ' parties w invetu~ary by oper~tion of tfw law) of tFw sarrw and that the ~ovenants he~ein contained shall bind •nd tht ben~fib ~nd sdvaMa~h inw~ +o tFr r~spectiw heus, Ipal r~presematives, succestws ~nd au~~ro o~ ths panies htreto. And ssid JlAortqs~ors, fw tFitmselves ~nd lheir hein. leqal r~p~e~entativq, sucutsors ~nd ~s~iqm, hereby joinNy and s~vaally tova?aM ~nd ~r~e eo snd with the said J1tipRTGAGEE, in successon and ~uigns: ( 1. To pay ~I! ~nd si~pc~br tM pincipa! and intNe~f uid ~h~ r~ra~s ~nd s ~ undry wms of rrqney p~y~bk by virtw of said promissory nob, ~nd thN ~ rtiO'~~~• ~?Y. P~~Ptty on ~F+~ d~ri r~spatively tF» t~ s~v~~~lly b~co.n~ dw. 2. To pay aN and ~inpvlu tht taxes. ~ssassm~nfs. I~vi~s. Iiabilitit~, obliy~taro ~nd encumbrs~ce~ of ~very natur~ and kind rww pn ~ait! d~scribad ' p*op~rty, a M+~f hntahe~ may be ;mpos~, wNM~d, pticrd. Iwi~d, w~wsssd eMreon, a that htrtafrr~ may be leritd a~saeaHd vpon tF~it Mat ~ or tM Indebt~drnu astw~d F~srtby tach ~rd ~v~ry. whN? dw and pay~bb. ~tcadinp to law, btfor~ tMy becant dtlinqwnt, and b~fw~ ~ny fntNNi ~ a!teches a~r?y pindty is incurred; AND INSOFAR AS ANY TMfREOi IS OF RKORD THE SAME SHALL 6E PRUMPTLY aATIS.~tEO ANO OiSCHARGED Of RECOR[3 AND iNE ORIGlA:AI OfFIt1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIVT OR THE SATISfACT10N PADER OffICIAIIY ENDORSEO OR CERTIfIED) SMALI 6E QLACEO IN TME HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT /1FiER PAYMENT; and in the event th~t any t?~pf is not ps~d, s~t sf~ed •nd d~xh~rqed u.d MORTGAGEE may N any t~me p~y th~ sams or any part ther~o! withour waiviny or affec~iny ~ny option, lien, ~quity or ~ •~~?+t ,.~+de+ o~ by virrue of th~s morey~ye ~nd ~he full amounr of each •nd ~very ivch p~ym~~t sh~ll be immed~~tely dve snd p~y~bk •nd sh~tl be~r int~~est ~•om ~he dat~ rh~r~o} u~til paid ~t rate of n~ne p~r c~ntum p~r •nnum~ry~ t~w,rh s~ch '~~11 be secu.ed by the li~n pf th:t mo~yr~. ~ ~ : _ _ ~ ~ ~ - ~ : :