HomeMy WebLinkAbout0943 ~0~ $5~
17th ~ t~?larch ~ - A.P.~ts~s...7~t~:i~.~
THIS INDENTURE. Mad~ the d~y of
John R. Lupu and Virginia C. Lupu, his wife ~ '
_ .
o~ St. LL1C1@ Counfy Fbrida, hatinaf~~r designated as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION Of fORT PIEIKE, a corporation oryu~is~d u?d ~xis?irp unda tM lev~n of ~M United Staws of Ame~ica ~nd Mvinp iri principal plac~ of
buurNa In 1M City of Forf Pi~ra, St. Luw County, fbrida, 1?H~inaft~r de~iqr+ated a~ tM "MORTGAGEE." .
WHEREAS th~ MORTGAGOR is justly incl~bt~d fo 1M MORTGAGEE in Me wm oi = 17~ 6Q(2~.nn good +nd Iswfu! mw+ey of tM Un~ted
Srates advanced by the MORiGAGEE unto tl+s MORiGAGOR, as evidenced by • cenain pro~n~ssory note of even date herewith, of which ~he fotbw~n~ k+
wud~ and fiq~res is ~ trw copy. to-wit: ~3-16 895
S 1'7.600.00 r~o
fort Pierc~. Flaeda. [~'t~?rch 17. 19~L
For value received, 1, we w either of us, promise to pay, without defatcation, to the order of FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION OF
fORT PIERCE af Fat Pisrce, Fbrida, the sum of : 17 b~Q.~ with interest trom date at the rate of _$~Q?o per a~num, in monthly install-
menvs as fol!ows: j 148•~ o~ the 15thd.y of .~Lll~/ ,)q~_ and • lika sum on th.: correspond~ng day o! each month there-
after unlil the whole be fully paid.
Each installment first shall be applied in payment of tM inte~est and then on 1he unpa~d balance of the princ~pal sum. If deiault it made in the
~~aymenl of any insfallment w1~en due, and such default continuef 30 days, then at Ihe option of the holder, and w~thout any other notice, all the remaining
~~~sraltmenb shall be due and payabte at once. Priviteye is yiven to prep+y this note in whole or i~ part at a~y t~n,e w~~hout penalty. Neither fwebearance,
no~ scceptance by the holder thereof after arty defauN in any payment• hcreon, shall be deemed extension. A late payment cherge ot S-? ~ 4O shall be
added to tath insta~frr.~M remaininp unpaid 7 days after ib dw date, and a like sum shall be addrd ~o each such ins?a11meN romaioing u~paid 7 days ~ftet
exh svtteedinp paYment date.
\ Eath make~, ~urety arx! encbrser hereof, jointly and severally, waives demared, present~nent protest and ~otice of protest fw nonpay~nent, ~nd furtFx~
;~3~~ agre~s fo anyautension of time of pay~neM, either before w after maturity, witfwut nor~ce to any o0 us; and to pay a!1 costs of coilection, inclu~~nq a
reasonab~e atlor~ey's fee in the event of any defauft hereunder, and hereby severally waives all benefit of homestead and exemption under fhe constitution
and lawa o7 eath Stite of tM U~ited States, as against this obliga~ion w any extension or renewal hereof.
` Witniu the Ft~r~ and seal of each party.
, s/John R . Lupu ~wq
1 ~s~?u
. s/Virginia C. Lunu ~wU
cs~?t)
~ C26.40 i Stat~ Revenw
(
(5~
` NOW, THEREFORE, the MORTGAGOR fw the purpose of teturiny payment of uid svm of = 17 • 6~ and tht perfotmarxe of the
covenants •nd a9reementa hereinafter expressed, u~d fa d~vers ~ood and valu+ble considerations, by these presents, does grant, bargain, setl, remiu,
reicase, convey and confirm unto the MORTGAGEE, iri successws ~nd aaig~s, ell tMt cert~in lot, piece or parcel of land, situate, lyi~g, and beir?p in the
~ Counry of St . I.UCle and Stat~ of Florid~, described as follows:
Lot 7, D. D. A. Subdivision as recorded in Plat Book 15, Page 23 of the Public
Records of St. Lucie County, Florida, ~
, ,~t'F'"~.,
Y/ 1
~
~ ~~~~P~~
; . ~,R ~~t~ ~1~?
~ - - r ~ ~ ~ vA ~ ,t~~`~'
~ u~ h~~P ~°`E',4~ ~
~ ~ r OC~'~t~Ti~~ --S~ r` V~~~QA(~ ~,1~E,~'
1 y ~
~ U~ ~
t~ F' ' RO~O t~ ~ :
~
; ? z _ nae3a~i • ~ 2 6 ~ Q _ ~ ~
t ~ ~ ' J ~
O ` ---~"r ~
€ U C~MP7Ru~lE~ r% ~ '
~ N v~,!q0'.39 - ~
~
~
~
e
'r
5
~ together with all ~nd singutai tM tenem~nts. Mr~ditsmen» and appurtances therevnro Mlorginy or in ~~ywise ~ppert~irdrg ther~ro. ~nd all r~nts, issws,
~ proca~ds and profia ~ccruing ~nd to accrue from said premia~s, all of which ~re included in the abov~ ard fore~anp deacription ~nd habsndum.
~ TO HAVE ANO TO HOID ths abov~ described snd ~r~Med premises unto tFw said MORTGAGEE, its ~uccessas ~nd auipns fwewr. Md t!w s~id
their
x MORTGAGOR fa heirs, ~:ecuton, administrators ~nd ~ssigm, hersby covenants with the s~id MORTGAGEE, ib arccesswi +~d sttipn~.
the a re
~ rhat ----y lawfutly ieized of ttw said premua in f~e simple: that the sarnt ~r~ fre~, deu and discFu~ped fram all Ikns and ~ncw~+~
br~nces in law w in equity, ~nd tMt th~ will and their hein sMll warrant s~d defend the titb to tM same to th~ ~aid
~ MORTGAGEE, its successws ard aupns, fwever ayainit tF» tawfvl cl~ims and demands of all persons;
- PROVIDEO, ALWAYS that if the AAORTGAGOR sMll pay unto tM MORTGAGEE tht promisswy note hereinbefw~ destrib~d ~nd thall truly, promptly `
snd fully perfwm, disch+rye. ~xecut~, canpbte, comply with ~nd abide by ~ach and every tM ~tipulatior?~. ~yreemsnts. ca~ditian ~nd cov~nann of said ~
~ promissory note ~nd of this Mort~ape, ther+ tha Mwiqapt ~nd the Esute hertby vtated shall tease and be nul! ~nd wid. i
IT IS UNDERSTOOD that the wwd "Mwt whethtr in tM ti ular or unl an hers ie this Mort ~11 be i ula if one oo ~nd
9+9a~~ P~ Yw 9+4~• ~ ~Y
ihall be plural jointly ~nd ~tv~rally if mo~t than on~, and tMt tM word "their" as uscd ~nywh~r~ in this Nlwtya~ sh+ll b~ fak~n to m~an "his,•• •'htrs;'
or °iti;' wherewr th~ conte~ct so impties a ~dmin. Also, tMt whe~evN there is a refer~nc~ in the ~-oven+nn ~nd apr.emenr~ he.ein cont+in.d ro any of
~ rhe pahies Iwrero, tM sam~ sh+ll bt construed ~o mean as well as tM Min. Ipal r~prtsentative~, sexcesson and ~ui9ro t~ither volumary by aN of th~
5 p~rt;es or involu~t~ry by operatan of the law? of tF~e s~n?e ~nd tMt ths cove~ants herein conuined shall bind •nd ~he b.n.fin •nd .dvnr~y.s inw.
~ ro th~ ~tsp~ctiw heb~. Ipal rspresent~tiv~s, successon ~nd ~u~ra of ti+~ parties hereto.
/~u~d said Mo?f9apws, fa th~mitlves and tFxir heirs, Ipsl r~tsenutirN. succeswn and aasipm, hsreby jointly ~nd ~everalty cwtnant and p~~t I
ro and with tM wid MORiCsAGEE, in ~uccessw~ aod augns:
~
1. To pay ~II and sirpular tl~ p~i~cipal and intKest ~nd tM v~rious ~nd wndry sums of mo~eY p.r•b!e by virrue of ~aid promiuwy not~. ~nd tl?ii
L~ monpape. ~~ch and wery, promptly on tM d~ys resp~ttivdy t!w s~ sewr~ily b~cans dw.
4. To p+y all ~nd Hnpu1N tM ta:es, aiwsamenn. I~vi~s. Uabilitws, oblip~tioro ~nd encvmb~ncp of w~ry natw~ •nd kiod now on ~aid d~scribed
p~pp~rry, w th~t her~~h~r rr~ay b~ brspos~d, suff~r~A. Pl~ctd. Itvi~d, a ~ss~swd tMr~on, a that Mre~ftK may b~ Isvi~d or aue~sed vpon thi~ Mat¢
W~. w tM kdeM~drKSS ucured h~r~by, eacfi ~nd wMr, wMn dw ~nd payabl~, accordinp to bw. 1»(w~ fMy b~come delinqwnt, and befw~ ~ny lnttr~st
ateeches w~ny pen+lty is incurred; AND INSOfAR AS ANY iHEREOF IS OF RKORD TNE SA1NE SHAlI oE PROl1AP1iY SATISFIED AND DISCHARCsEO OF
~ RECQR~ ANp TNE ORIGINAt OffIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AUY ENDORSEO
~ OR CERTIfIED) SMAII dE PUCED IN THE HAN~S Of SAID MORTGAGEE WITHIN ~EN OAYS NEXT AFTER PAYMENT; and in the eveM tMt ~ny th~r~of ia no~
~ pa~d, a~t'afi~d ~nd diuh~rqed sa:d MORTGAGEE may ~t ~~y t~me p~y tFw s~m~ w•ny part tlxrwf without wa~vinp o~ •1(sctinq ~ny optio~. IiM, p~ify a
- •~ahr unde. o. by virtue of this morty~y~ a~d ~M full ~r~ovnt of euh ~nd wtry ~uch p~yment ~hall be ~mmed+ately due and p~yabN ~nd shall b~ar intNei~
- <<om th~ d~te thereof until pa7d ~t nte of n~ne per centum per ~nnum ~nd t tht~ w~~h ~uch intae t~h~ll be secvred by the li~n oi ~h'~ morqtp~.
~'i 6C~K
. , - - ~ . -
_ 1 ~ ~ - _
. _ _ _ _ , . , . . .