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HomeMy WebLinkAbout0419 ~~~ss~ THIS INDENTURE, Mad. the S4~ _ day ot - J~ljr A.D. 19_ ~ Cctxcer+ Ja~ A. Saa~_~ugd Rrances R~~l~~ hi~ ~ri~ of St~ L11C~~ ~ ti~p~~y fk?rida, hereinaf~N designared ~s the "MORTGAGOR;' uxl FIQSt FEDfRAI SAVINGS ANG IOAN aS5pC1AT10N Of fORi PIERCE. • corpo:at~on organized and e:~s~~np w+cier tha lawi of tM Un~ted S+a»s of M.eriu ~nd havinp in winci~l plxe of b~sin~ss in ~M Ciry of Fut P~e.ce, S~. Luci~ Cou~ty. Flotida, h~reinaAtr designa~ed as th~ '"MORfGAGEE." WNEREAS Ihe MORTG.4GOR h jvaHy indebted to the MORiGAGEE in tha sum of s 22~90~3~Q~ good and iawtul money of ~he Unt~cd STates advanced by ths MORiGAGEE unto the MORiGAGQR, ss rwdr~xed by a certa~n pom~uory note o! eYen da~e hrrew~th, of wh.ch ~hs (aivwing in ~ords and fiQure~ i~ • trw copy, ~o-rv+t: - • s ~Z~7WaW 3r~/~2Lb Forf PiMte. Florida, JuZV _~__19, 7~ fo~ value reteived, 1, we w eaher of u3, prom~se ro pay, witMul defalcation, to fhe ordar of f1RSi FfDfRA! SRWNvS AtiU tvA11 A:aSC)CIA~IUt~s OF FORT PIERCE at Fwt P~crcc, ftorida, the sum o( S-22L4~~~ w~th ~nterest from dare af the rare o6 _ 7 7{ per annum, in momhly insta!!- ,,an~s as fol!ows: S- 188aQQ___ on tlee __~~t day of N~~~= 19__ ~1 ~nd a I~Ae swn on thr correspond~ng day of each mo~th there- etter ~ntil ~he whoie Pir fui~y pa~d. fach instat;nxnt first shall be appl~rd in paymrN of the interest and then o~ the u~pa~d Ua!ance oF the pr~nc pal sum If d~fault is made io the ~~,:nent of any ~ns~all~nent whrn d~~e, and such ~rfaulr con~tnues 30 days, then at the opT~on of the holder, and wiirho;it ar.y ofh,er nonce, atl ~he r:rna:ni~ig ~:srallments shail be d~e and pa~ab~e at oncr. Privit~ is given to prepay this note in whote or in part at any t~me without prnahy. Ne~~her farbearance, nor accep~ance by thc ho'.dr. thrrrof aftrr any drfautt in any paymrr.~s her~n, shall be deerned extension. A lat~ p~ymem charge of SQ~~-. shall be ~ : ddrd ro ezch instaii,nent remain~:.g unpa:d 7 days af~er in due date, and a t~ke wm shai! Le addrd to each •ucei ~nsra:lment renwining unpa;d ~ dayt after ~ ca<h wKltding psYn:e~~t dit~. Each maker, surety u~d encioner hrreof, jointty and severally, wa~ves demand, prrsentment ptotest and ~ot~ce of protest for nOnpaymCnf, and forther a3rees to any txtens~on of tarne of peyment, ei~her brEor~ w after matur:ty, without nonce ~o an~ oi ~s; and ro pay all costs of ~o!lecnon, indud:n~ • r.•~sonabte atrwney s fer in riu evrn? oF any drlrult hereunder, and herehy seve~aiiy waives aii brnrf;t J~ IW~II~lTrod ar,d cac:r.p!do~ u~drr t}x to~stitution ,~d laws of each State of t~e Un~trd Ster~s, as aga~nst this obligatiow w any extension or renewal herepf. Witness the hand and xal of each party. - _ s/ JaY A. Sa~Ie t~Aq , . ~ ' ~ r ($EAL~ ~f Fzances R,~ ~aa~le _ ~s~Aq i S~~ 3 S ) Stafe Rerenue - NOW, THERfFORf, nc~ MORTGAGpR for the purpose ot securing payment of said ivm oi S 22f9~~~ and the performsnce of ths cov~nants ~nd ~grK :~e~ts hereinafrer e~p~esud, and fw dive?s good and v~Iuable co~s~dc.at~ans, by thex prpents, does grant, bargain, sell, rem;x, release, convey and confhm unto the MORiGAGEE, its t~xceswrs ~nd as.+gns, ell ~hat ce~rain I~t, piece a pa?cd of land, situate, lying, and being ie the County of St~ L11C~~ and S?~t~ of Fb~~de, desuibed as totlows: ?he Fsast 90 f~et of Lot 26~ Alock I~ MARAVILLA CSTATES, as peY plat thereaf on file in Plat Book 8~ Page 77~ of the Public Records of St. Lucie County, Rlorida, ~ ~ - _ iN PA°NEMT Of TRIfli WE C~ Cl~~ 'C 1lITAN616LE ~E~S'!:1l P:tpPER1Y, ~'I::.S.:Aitii 10 C1iAPTfR 20724. ACTS OF 19~1. ~ I A_I t- ~ ~ E" t- v 4-21 U~? ToG=R P01: RAS, qerk Grcuit Court U ~ * . A~ v 7Tf11~yX DCCu:~!c: d~J----= n Agent fot DANIEL N. KNOWIES, IR • ~ ~ j =~,2~71 ~ E:t 3~ 3 r,, _ st ~uck County Tu Cot~ector ~ o = _ N v uevr.a • ~ Pa ,,o~~~ ~ ~ rogether with all and s~ngular the tenements, hered~tamenh and sppurtances the?eunto belonginy or in anywise apperts;nirg therero, and ~11 renb, issues, urn~s ~.,d protin ~cavirg and ro ac<rve f•om taid prcmises, all of which are included in the abovt and (aegoi!g description snd habendum. i0 HAVf ANO TO HOLD fhe ibove descnbed ~nd g~anted premises unto tl,e s~id AIK)RTGAGEE, ~ts successas +nd assigns foreva. Md tM uid h;nRiGAGOR for tbei= - he;rs, executors, ~dm~n~strarws and sssgns, hereby covenants with the said MORTGAGEE, its successors a.-~d assiyrn, ,~.d, ---~h-gY-?1z~ lsvrful!y uized of the said prem~sss in fee simple: 1Mt the same are free. ds~~ and disch~rged from sll liens and encvar? brancts in law or in eq~ity, and that- wiil ~nd th's:l! hehs shall warrant and defsnd the r~He to the sarrw to the taid MORTG.4GEE, its successas and ~ss~9ns, farever ega~nst t!x lawiut c~::.~u ~nd der.~ends of all persons; PROVI~E~. ALWAYS that i/ the MORT(,AGOR shall pay vnto fhe AhORiGAGEE tbe prom~uwy nore hereinbefwe dexribed and shall eruly, prompt!p a~d fully perform, d~ufr:ge, exa~te. comple~e. comply with •nd ab+de by txh ~nd every the stipulaeions. ag~eemenh, canditions and cwenants of taid prom~ssory note er+d oi thia Nb.igage, then th~s Allor~gage and the Esu~e hereby ueated st~aH cuse and be nvll and wid. IT IS UNDER5Tp00 IF?at the wad °Nbngsgo~„ wl+eti~er in the sirqular or plural anywhne in tb;s INortyspe, shall be sir~ular if onr only ~nd shsll be plural "p~ntly and saverally if more than one. ~nd that the word °sheir" ss used anywhere in thq Mortyaye shall be taken to mean "his;••.hers" or "its;' wherever fhe conteat w~mpl~es a aei.n~~s. Aiso, that whe~eve~ there i~ -.efere~ce in the covenants anaf sg~eements herein coRbined to srry oF rhe perties hnero. the same shall bs construed to mean n well as the hei», kgal representativet, successwt and assigna (eithcr wlu~pry by a..-t ai tfie , parties a invo{umary by operasion of the Iaw) of the same an~d that the covenants herein conta~ned shall bind and the 6er?efirs snd adv~ntagea 'wiw~ { fo the respectiv~ heks, lesa! representatives, successors arrd •u'yns of rhe pan;es here?o. And taid Ai{wtgagon, for rhemulvd and their hein. leqat aepresentstird, succesaors and auigns, herecy joint{y and ieve~ally covenans and aprtr ~o ~nd w~th the sa~d MORTGAGEF, its successors snd assgns: 1. To pay all and t:ngulsr thc princ;pal and inrerest and ths various ~+d sv~dr~ sums of rt~o~ey yayabk by virtue of s~id promissory note, and tha rnortype, e~ch and ~ven. Promptty on the days respecNvety the samt sev~ra~ly become due. ; 2 To pay ~11 •nd s'v+gulu the taxes. ss~esament~. lev;es. liibilit;es, ob~ig+tioro and encumb~sntes ot every natwe and ki~d now on s~id dacr~bed i property, p that he~eafter may be imposcd, suffered, placed, leried, or sssessed thereon, or thst he~eafier may bs Ievied w assessed u{>on tAis 1111ortp- aLe, a tFM indebtedness ucv.ed hereby, each and every, when due and p~yabts. according ro Isw, bsfore they becwnc deli~quent, and belore ~ny intaa~ r+taches w any pena~ty n incuned; AND INSOfAR AS ANY THEREOF IS OF RfCORD iHE SA1JlE SHAII (1E PROMPILY SATI$f1ED AUD 015CHARGED OF RECORD Arlp THf QRIG~fVAI OFFICIAI DOCUMENT (Sll~H AS, FOR INSTANCf, iHE TAX RECEIPT OR TME SA1t$FACTiON PAPER OFfIt1AlLY EN(IORF.ED OQ :ER7if1ED) SHAI[ BE PUCfO IN iHE HANDS GF SAID AM7RIGAGEE VIIITHIN TEN DAYS NEXi AfTER PAYMEIVT; and in the event that ~ny thxreo( is not Pa~d, ut'slied and d~scharged sa d MORTGAGEE may at •ny t~me pay the same a anr part thereof without wsivi~g or affeafng any opt~on, lien, equity ar ~~~ht vnder o~ by virt~e of this mortgage and the (~II amo~~t o1 each and every such paYmertt shaH be immed~a?ely due and payabfe and sMll ~r inttre~t ~~om ~he date rhereof vnGl pa:d at rare of n~ne per cenr~m per an~um and toyetF•er w~rh ~c~mt ~sll ~ secur~d~~the lien of th's rrwr~taqe. SOOr~~ 4 _ - - - _ _