HomeMy WebLinkAbout2590 V~
20~9~~
THIS INDENTURE. Mads the- lf?tl1 day of Anril A.D. 19~1, tx:tween
}!el en Gorc~on H rew, Fl W 1C~AW
of St . I.UC iP ~ Cp~nty Fiorida, hereinsftcr desgnared ss ~he "M`JRTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
ASS(~IATION OF FORT PIERCE, a corporation organized and existing under 1he la•,ws of Ihe Un~ted Sta~QS of America and having its principaf placs of
bus~nes~ in tA~ Ciry o( Fo~t Pi~.ce, St. luci~ CouMy, ilwida, hereinafl~r desipnated as ths "MORIGAGEE:'
WHEREAS Ihe MORTGAGOR is ju~dy indebted to the MORTGAGEE i~ the s~m of s?i?~n • a~ 9ood and lawf~l monry of ~he Un~trd
~rafea advanced by the MORTGAGEE unto the MORTGAGOR, as evidencad by a certain promissory note oi e~en dore here~~th, of wh.ch the fo~~on+np in
..ords and figures is a t~ua copy, to-wit:
s_~ .7Oc)-00 3-16,992
Nc
Foh Pierce, Flaida, ~nT 11 1 f~ ~971
fw value received, 1, v,~e a eiiher of us, promise to pay, wi?hout defalcation, to the orde. of FIRSi FEOERAI SAVINGS At~O LOAN ASSQCIATION OF
iORT VIERCE at Fort Piercr, Ftorida, the sum of s 7} 7~~ with interest from date at rhe rate oY r.~. _°o per annum, in mcnthty install-
•~e+,~s as follows: S--?=1=~~- on the lSthday of lun~' 1971___ and a like sum on tha co~rrspond~ng day of each mavh there-
at!er untif the whpte be fuHy paid.
Each instal;,nent fir~t shall be appl;ed in payment of the interest and ~hen on the unpa~d bala~xe of the pr~r.c pa! sum. If defauh is made in the
; a,ment of any ensta~lment when due, and suth default continues 30 days, then at the optio~ of the ho:der, and wnhout any oth~r nance, all the rernaining
~~stallmen?s shall be due and payabte at once. Privi~ege is given to prepay this nore in whole or in parl at any rime wi~hout penaity. Na~tiKr forebearance,
~or ecceptance by the holder thereof afrer any default in any payments hereon, shall be deemed exte~is~on. A late payment charge of Y_ ~7O shall be
~ ided to etch ins~aliment remaining vnpa~d 7 days after its dus date, and a like sum shall be added to each such i~~staHment remaiuing unpaid 7 days aftrr
?ach succeeding payment date.
Each maker, avrety and endorser hereof, jointly and severa!!y, waires demand, presenlmrnf protesl and notice oi prorest for nOnp~ymcnf, and fur~her
agrees lo any extension of time of payrtxnt, either before w after maturity, without noncr to any of us; and to pay all costs of co~lrct~on, ~nclud:ng a ~
r~ .+sonable attorney's fee in the event of any rlefau~t hereundar, and hereby severalty wai~ea atl benef~t oi honi~•sf~ad ond ea~•mption undar the consritulion
~~:i !aw•s of each S~ate of the United States, as against ihis obligalion w any extension or renewal her~of. #
Witness the hand and seal of each pa~ty. , . . }
` ' s/~~~len Gordon Frpw, a wi~ow (SEAL)
_ _ (SEAI)
(SEAU
~ ~ 11 . S 5 ) State Revenue
NOW, THEREFORE, the MORTGAGOR fw t!x r ry~y ~y~ ~ ~ f 700. OO
pu pose of secu ' ent of sa~d um.of = and the pcrformance of ~he
covenants and agreemenrs hereinafier expressrd, and fw divers Qood and vslwblt consid'erations, by these presents, does grant, baryain, setf, rem~ye,
re:ease, convey and conf~rm unto the MORT~sAGEE, its succeuors and ~uigns, all that ce~tain lot, piece or parcel of land, si~ua~e, lying, and bring in the
Counry of St . Luc ie snd Sate of fbrida, described as follows: !
i,~~t 7, of Block S, of Unit No. 8A, of LAKEWpOD PARK, as ner *~lat thereof on file in
Book 11, at oa~e -~7 of the Public Records of St. l.ucie C~unty, Floric~a,'~
~
~
TqTE °F ~t'~~~flA R~"E° ~0
~ TAX ' DuE oN CUSS fN M
W S ~ITp~ S7AM~ Purts~;~utitr
~ Z D~~ t ROGER F1DI ~ C~R 2n~z4 ~cr
~~~AxE!
_„~:~n I 15 5= ~s, a~ ~
r ~ _ ~ IBent for p ~°°rt
~ v otrt.et *c~ ~ AMIE! I~ 1(M0~ 1R
P.B. ti~o ~ ~ a , ~ ~~1` ~~c fallec~or
~ c
~Ptt1Y q,~
+ogerher w;th all ind s;ngular the tencments, herediamenq and sppurtances thereunto belonginy or in anywise appertaining therero, and all rents, iuuef,
p.oceeds and profiu ucru~ng snd to xcrve from said premises, all of which are included i~ the above ar?d fwegoing description and habendum.
TO HAVE AND TO HOID the ~bove described and grantcd premises unto the said MORiGAGfE, it~ tuccessors snd auigns forever. /1nd tM said
their
hAORTGAGpR for he;rs, executus, administratort and assigni, he~eby covenants wirh the :aid MORIGAGEE, it~ successon and iuiprn,
rhat - -Y----
tt2C' aTC' , ~~W{uNy sehed of the ssid prem~s~s in fee simple; that the same are hee, cksr end discharged from all liens ~nd ~ncwrr
brances in I~w or in eq~iry, and that t h PY wi!! and t hP 1 T ?K;n ihall wursnt and defe~d the title ro the samt to tht uid
MORTGl.GEE, its successors and assgns, fwever ayaintt the lawful claims and demands of •I! persaq;
PROVIDEO, AIWAYS that if ?he MORTGAGOR shall pay unto the MORTGAGEE Ihe promiuory note hercinbe(ore deuribed u~d ihal! truly, promptly
and fuily perfo~m, d~uharge, e¦ecute, complete, comply with and ibide by ex!? and every t1~e stipulsrions, ~g~eement~, cond,tions and covcnanb of tad
prom~ssory note and oi this Mwtgage, then thi~ Nlortgage and the Est~te hereby created shall ceaie and be null and void.
IT IS UNDERSTOOD that the wud "Mortp~gor" whether in the ungular or plur~l anywhere i~ th~s Mortgage, ahall be singular if one onfy ~nd
shall be plural 'pintly ~nd ~everally it mwe than one, and that fhe word "their" ~s used anywhere in th~s Mortgage thall be tiken to mean "his:. ••hen••
or "its;' wherever the conteat w implip or sdmits. Also, tMt wherever there is • reference in the covcnants ~nd ayreernents herein cont~ined to any of
fhe parties hereto, fhe same shall b~ construed to me~n ~s well ~f tM heir~, kyal representative~, succe~son and e~signs (either voluntary by act o{ ~h~
perties or involunrary by operi~iw+ of the liw) of the same snd that the covenants herein conuined shall bind and the benefits and +dvantages inw~
~o the respective heira, legal reprcxntativss, ~ucceuas and ~ss'yns of the parties hereto.
And ssid Mortgagon, fw themxlvq ~nd their heirf, leqa{ representatives, successors and auigns, hereby joimly and seve+ally coven~M a+d ~yne
~o end w~th the said MORTGAGEE, ~n successws and auiqns:
1. To piy all and sinyular the printipal and interest and the variovs and ~urtdry sums of money payable by virtue of iaid prom~ssory no~t, and thi~
mwtga~e, ~ach and every. prompfty on the d~ys respettively the sam~ sewrally becom.e due.
2. To pay all •nd singular the taxes. ~~scuments. {evies, li~bilitiq, obligatiw~s and e.xumbr~nces oi every natun and ki~d now o~ said described
property, a that here~fter rtuy b~ impowd, suffered, placed, levied, a iutssed thereon, w that I+erea(ttr may be levied or assessed upon tha Mort~-
~g~, a th~ ir+d+btsdneu secured hcreby each ~nd ~v~ry, whtn dve ~nd payable. xcordinp ro law, before they become delinQucm, ~nd beior~ •ny interes~ ~
a'~aches w•ny penalty is incurrcd; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTLY SA11$FIEp AVD DI$CHARGED OF ~
RECORD ANO THE ORtGItYAI OFiIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TA% RECEIPT OR THE SATISFACiION PAPER OFFICIAtIY ENDORSED '
OR CERTIFIED) SNAtI OE PtACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMfNT; snd in rhe event that ~ny therwf is not t
pa~d, ss~ sfied •nd d~scharged sa.d MORTGAGEE may at •ny ~;me p~y the same or any part thereof withoW waiving w affecting any optfoo, lien, equity or
•~9hr under or by virtue of ~his mortgafle aad the full ~m~nt oi esch and every such peyment shall be immcd~ately due and payable a~d shall bear interest
~~om the d~te ther~o~ until pa~d at .ate of n~~e per centum per annum and together w~th such inte~esr •ha11 ~ secured by rhe I~en o! th s mo~~tayt.
g~RK 1~1 25~5
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