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HomeMy WebLinkAbout2130 20'7682 THIS INOENTURE, liMd~ tMi~ 12th day of A~T11 , A.~. 19~1. brtwe~n ' Ronnie E. Parks and Linda S. Parks, his wife ; of SL• L.11C1@ ~~fy Fiwid~, hff~iMftH d~~ipo+ted s~ tM "MORTGAGOR;' a~d FIRST iEDERAI SAVINGS AND IOAN AS5pC1ATION OF fORT PIERCE, a cwporation oryaniz~d +nd ~xiitinp undK th~ laws of th~ Unit~d Stu~s of Arne~ic~ snd Mvirq iri princ+pa) pl+c~ of buun~u in tM ~iry of Fort Pi~ru, St, l~?cl~ County, Florid+, MrtinaitK d~spn~tsd u tM "MORTGAGEE:' • WHEREAS tM MORTGAGOR is jwtly i~kbt~d ro tM MORTGAGEE in Nw sum of : 14 ~ 0~ 9ood .~d I,wful ~wnr~ oi ~he ~~r.~ed Srat~s advanced by tM MORiGAGEE umo th~ MORIGAGOR, ai ~videnced by • csrta~n promissory note of even date herewitfi, of wh~ch tha iolbw~np ln wwds ~nd fiyurn i~ a trw copY. to-wit: ~ 14, 000 . 00 . 3-16~i997 Fort Pi~rts, Florida, April I2~ ~971 for valw rcceived, 1, we w either of ui, promise fo pay, wilhout d~f~lcation, to the o~der of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE af fwt Pierce, Fbrids, the tum of = l~ with intereit from date at the nts of .8 0°'o pH ~~um, in monthly install- ~nenti as follows: = 118 on the 1 Sth d,y ,f Ju lY 19~_ a~d a like svm on the correapo~d~np day of each month thert- af:er until the whole be fully paid. E~th installment first thall be applied in payrtNnt of tM int~resl and then on tF~e unpaid bal~nce o( tM p+~~c~pa~ sum. If deiault is made in 1M Naymcnt of any i~stailment when dw, and uxh default tontinues 30 days, then at Ihs optitx~ of 1he holdcr, and without sny other notice, all Ihe remaininy ~nstallmenta thalf ba due and payable at onc~. Privilep~ is ~iven to pr~pay thit nott in whole or in part ~t any t~me without penalty. Neithe~ fwebearance, nor ~cceptaoce by the holder thersof after any default in anY paYmeMS hereon, ~hall be deemrd eatensio~. A late payment charge of S 5•9O__ shall b~ added to exh inftallment remainirg unpaid 7 dsys ~ft~r ib dw d+~tt, ~nd ~ liks sum ~Mll be added to each such installment remairting unpaid 7 days after each wtc~edinp payment date. Each make~, surety end sndorser hereof, jointly snd iev~nlly, waives demand, presentment protest and notice of protes~ fw nonpayment, and furthe~ agreei to any extension of time of paym~nL either befo~~ a after maturity, without nofrce to any of ui; and to pay all costs of collec~ion, includ~nq • reasonabk attwney's fee ~n ~he event of any defa~M herau~de~, and he~eby seve?ally waives all benefit of homestead and exemption under the constitution j~~d laws of each Suie of ti~e United States, ai against this obliflatan or any extension w renewal hereof. Witneu 1he hand and kal of cach party. s/Ronnie E. Parks ~AU ' (SEAL) f s/Linda S. Parks ~~u ~ 21.00 ts~W ( ) State Rewnw NOW, THFREFORE, the MORTGAGOR fa the pu~pos~ of secvrinp p~yment of siid wm of = 14 ~ OOO. ~ , and tM perfwma~ce of th~ covenanb and ~reements hereinafter e:pressed, and fw diwrs ~ood and wlwble contide?ations, by thes~ presents, does gr~nt, berqain, ull, rem~se, ; release, convey and con(irm ~nto tM MORTGAGEE, ifs s~rcuswra and ~sfiyns, sll th~t tertain lol, piec~ or partel of tand, tituat~, lyin9, snd beinp in the ~ County of SL . Luc ie ~ St+t~ of Florida, dewibed ~s followa: ( The West 140 feet of the North 100 feet of the West 1/2 of the West 1/2 of the Northwest 1/4 of the Southwest 1/4 of Section 34, Township 35 South, Range ~O Ba s t ~ W S T~q~l" E~F L O R I U A c~ ~ DOCUMF~lTAo`! _ STAMP TAX ~ = Z _ .:.a > = ~PR1~'~1 t. i . - - ~ ~ _ ~2 I 00= : V~ V c~,. ~r rEtEhe! ` - pg,190116 - REC~~TD t~~ 6O M Pl1riEM OF TlN(ES D:'E Cf: GASS 'C' It(iM161B1E PERSOqAL PpOpER71f, P~ .S'.V ~ TO CFiAP'fzR T0724. ACTS OF 19/1. ~ r~s'Z ~oi`F.J1S, Cierk Cirwit Court r i; x,t ia CA~fIEI N. KMONfLES, 1R s - St U~e Cou~i~ T Collec0ar i ~ £ F ~ ~ ~ : g ~ i rofletFwr with ~II a~+d si~ular tlw t~nemenn. IKr~ditamenb and appu.fances therevnto b~bn~irg a in snywise +ppertaininQ tf+er~to. ~nd all r~nts, issws, p~«etds and p?ofi» ~cauing and to ~ccrve from said p~emises, •II of which ~r~ inctud~d in the abov~ and forayoiny d~scriptan u~d habendum. ~ ~ TO NAVE ANO TO HOID the above dewibed and prantad pemisy unto the said MOftTGAGEE, ib wcc~uon and +uipm forwer. Md th~ wW y MORTGAGOR fa th6i Y___ ~;n, execu~on, ~dministrators and aai~ns, her~by oownan» with t1K said MORTGAGEf, its tvcceuo~s a~d ~ssipnt. ~ ehat thev are tawfully seized of ths ~aid pr~ma~s in fN simpl~: tMt the s+rn~ ~r~ fr~e, cku Md diuiurped (ran dl lieeu a~! encvrr? ~ b.,nc~s in I~w w in equiry. ~nd rMr they will u~d their hein sh+ll wa?rant ~nd d~i~nd ~h~ ti~le to tM wme to th~ wid ~ MORTGAGEE, in ~ucussws ~nd aui~rn, fawer pairat tM lawfut claims ~nd demsnds of all pNwra; PitOVIDED, ALWAYS that if tM MORTGAGOR ahall pay unto tM MORTGAGEE tM promistoty nots her~i~befwe tlestrib~d ~nd ~MII truly, promptly ~ •nd fully perlorm. d~schary~. lIIKVff, campl~t~, can?pIY witl? and abide by ~sch aod ~very tFK stipulatiwu. ~prKments, condirions ~nd wve~ants of ~aid - promiswry noh and of this MonQp~, t}wn this Mwty+pe and tM Esu?~ hK~by asated sh~tl ceas~ and b~ rwtt and wid_ IT IS UNOERSTOOD iMt the wwd "Mortya~a" wheNwr in th~ sinpul~r a pt~xal ~nywMra in this AAwtype. ~hall b~ u~g~rlw if on~ onty ~nd shall b~ plural jointiy a~d ~venlly ii mor~ than one, and that tM word "~heir" ~a ysed anywMr~ in this Mo~t9+ye shall b~ t~ken to me~ "his: •••hen; • ~ or ..ib:' wherevK the conteat so impliea a~dmits. Also, that wh~r~rer thert it a r~f~rsnc~ in the covenann and ayr~menb herein contim~d to any of +M panies Mr~to, tM ~arrw ~h+ll b~ caunued to m~an a well as th~ Min, Ip~l ~fprlflntativH, wa~sson and ~ui~ro (~ithw voluntary by act of tM ~ par~i~s or involuntuy by op~ration of tl+~ law) of ths iam~ ~nd tMt th~ tovtnanb Fu~tin corttained ~II b"u~d ~nd the b~~fib ~nd dv~MS~s invr~ r ro ths ~~a~ctiw he'v~, kyal representativ~s, wccesson and au°yns of th~ parties her~ta ' /u~d said Mortysgcxs. iw themulvy snd fhei? Mirs. Ip+) rpresenf~~ives, succ~sfa~s ar+d ~ui~ru. F?er~by jointly a++d HvNally cov~nant ~nd aprN ~o ~nd with the said JNORTGAGEE, its auccnwn and ~ug~s: ,1 1. To pay dl u+d sinpvlar tM pri~cipal and int~r~st a~d the v~rio~s ~nd sv~dry sums of mawY WYable by virtw of uid prom~sso?y not~. ~nd tha mor~pp~. Nch ~nd wMy, promptly on t!» days respectiv~ly the famt ww~ally bsc«r» due. " To pay +II and siegula the a:es. ~~s~sun~nts. I~vitt, liabilities, obligations arw! encwnbr+nc~a of erNy ro~ur~ N+d kied now on said dearib~d prop~ty, a that haeah~r may be impowd wHN~A, pt~ud. Iwi~d. a a~wssed ther~on. or tha~ hK~afta~ may b~ Iwi~d a useassd upon tl~is Allort~ aye, or tM ind~badrKa ssa,r~d I~er~by. ~+d~ ~nd wery, wiwe dw ~nd payabl~, xcordiep to law, befw~ tM~ bec«n~ delinqwnt, end before ~ny intxes~ ~ attxhes or arry penalty is inturred; ANd INSOfAR AS ANY THEREOF IS Of RKORp TME SAME SHAII SE PROAAPTLT SATISFIED ANp pISCHARGEO Of RECORD AtdD TME ORIGINAI OFFICIAL OdCUMENT (St/CM A5, FOR INSTANCE, TNE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SMAIt dE PLACED IN THE MANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in ths event Ihal ~ny thereof a no1 paid, iaYffied ~nd dixhirQed sa;d MORTGAGEE may at any ~ime pay ths tame o~ any part thereof without waivi~p a ~/fecti~q any option, lien, eqvity or - +~aht under a by virhie of this mortgage snd th~ full ~movnt of each ~nd erery wch p~ymem shall be immediately dve •nd payable ~nd sA~ll be~r intaest ~.om tly date the~wf vntil p~~d ~t rare of n~ne per centum per • O~R~to9~~w~th •vch int~rest thaU be secured by tM lieo of th:~ morytapt. ~ ~ BUO 1 2~.~5 ` a _ ~ . . . : . , - - - - - - - - . .