HomeMy WebLinkAbout0014 214393 1~ ~
THIS INOCNTURE. Made the _ 1Qtt1 day of AuQUSL , A.D. 19~~, betwee~
Wood, Beard and Associa~es~ Inc., A Flarida Corporation
;
~
a{ st • ~.11C1@ ~~nty Floride, herrina(tar deignated ss the "MORTGAGOR." and FIRST FEDERAI SAVING$ AND IOAN ~
AS$pC1ATION OF FORT PIERCE, • cwpwat~on orq~~i:ed and e.~i~in9 u~der the iawt oi Ihe Un~red St~tos of Mxrics and havinQ its ptiocipal plx~ of •
bu~iness tn tM City of Fon P~wcs, Sf. lucie County, ftorida, he~~inaher desi~nated as the "MORIGAGEE:'
WMEREAS the MORTGAGOR is juslly indebtsd lo thr MORTGAGEE in the sum of =.1,~~8QQ~QQ good and Iewful money of the Un~ted
S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidencrd by a certa~~ promiuory note oi even dare herewith, of which ~he follower+~ in
vvwds and fi9uref it a tru~ copy, fo-wil: '
_ ~3~800.00 r,i,_ 3-17.331
Fwt Pierce, Flaida, Ati9VSt 19, i9 71
Fw value received, 1, we or eithe~ of us, prom~sa to pay, wi~hout defalcation, to the order of FIRST FEUERA~ $AVINGS ANO IOAN ASSOCIATION OF
FORT PIERCE at Fat Pierce, Fb~ida, the sum of j_13.8QQL.Q4__ with interest irom dete at the rale of 1_a.~6 per annum, in monthty ins~atb
:.~enrs ~s follows: ;l~a~~ o~ the day of _~~Q e= 19_~~_ and a like sum on ~he correspondmy day of each mo~th therr ~
atrzr ~nNl ihe whofe be (uNy pafd ~
Each instal;mrnt first shall be appl~cd in payment of the interest and the~ on the unpaid ba~ance of the printipal sum. If default $ msde in the f
E,ayment of any instaltment when due, and such default cont~nues 30 days, then at the opfio~ of the holder, and without any other ~otice, ali ttx remainlr~y i
,ns~allmema shail be due and payable ar once. Pr+vilege ia given to p~epay this note in whole or in pa:t at any time without pe~alty. Neithe~ forebearance, i
nor accep?ance by the holder thereof after ~ny default in any payments hereon, ahalt be deemed extension. A late paymenf tharfle of • 7O sha11 b~
added to each instalimant remaining unpa~d 7 day~ aher its due date, and a t~ke sum shall be added to esch such installment ~emsininy uopaid 7 days afte~
each a~cceeding payment date.
Each maker, wrety and endorser he~eof, jointly and ~evcrally, wa~ves demand, preunl~nent prutcst and no~ice of protest fw no~payment, and funhe~
agrees to any e:tension of tune of paymenl, either kxfore or aftrr matur~ty, wifhout notice to a~y of us; and to pay a11 costs of collection, inclvdinq a
rrasona6le anwney s fee in the event of a~~y dc`.autt hereunder, and hereby zeverotly wa~ves al! benefit of homestead and exemption under the eonslilWion
a.~d laws of eath Stare of fhe United 5rates, as aga~nat this obl~gano~ o~ a~y eatens~o~ or renewat ber~of.
W~mess the hand end seal of each party. w~~~~ BEARD ANO AS60CIA?ES, ~I~1e~
By s/ Arthut F. U1ood, ~~U
Corporate Se.al Affixed
_ cs~?u
Attgsf. sf Newazt M. Tegnazian._ =~~~r
( 2O • 1 Stsfe Revenve ~
:GrwN MwM6kJ.~w ~riyin~lwM)
NOW, iHEREFORE, the MORTGAGOR ~o~ the purpose of securing p~ymenf of said sum of S13 i 8~ , and the performsnc~ of tiw
covenants and agreemen~s l~ere~naftc• expressed, and fa d~vers good and valwble cor~s~de~at~ona, by tlwsa preunt~, does Qr~nt, bsr~ain, se11, ~emise,
release, convey and coniirm urto the MORTGAGEE, its succeswrs and assigns, aU that certain bt, piece Qt_parcel of lu?d, siluate, lyiny, and beinp in iM
County of SL . I.l1C 1@ snd Srate of Florida, deuriced ~s fotlows:
Apart~ent E-I-202 af the COLANNADES CONDOMINIUMS N0.3,
accordiny to the Declaration of Condominium recorded in
O. R. Book 193, Page 2596, of the Public Records of St.
Lucie Cou~ty, Flarida, ?OGETHER WITH all of its ~
appurtenances according to said Declaration~ , i
;
~''~.G d IN PAYNIEtIT 0~ ~ r
= C IMTAtlGIBIE PER90NAL ~~n.
pUE ON CtASS '
PUASIlANT TO ClU1PTER 2072~. ACiS OF 19~1Z.
111 ~ I f-1 ~ ~ O ~ ~ i.•, _ " ~rR POITRIIS~ W~fk V~~CUIt Wll1t . .
c:~ ~ DOCUN~`~T,~~;.w: S TnM~ T~ X ~ pgent fo~ UANIEL t1. KNOWIES. 1R
Au~t37i - SL lucie Cou;.ty Tax C~IIccMr
~ ~ ~ =20?0~ ' ~c
v~ ;uri.ot..~tt~rc = By pfpUlY CI.E~K
P&~ra~~=
~
+ogether wlth ~11 ~nd singula. the tenements, hered~tamenrs and appurtances thereunto belag;ng o~ in anywise appertainirg therero, ~nd ~11 r~nts, iuws,
p~oceeds ar+d profit~ ~ccru~ng and to accrue from said p.em~ses, •II of which ~re inctuded in tF+e ~bove and fwpanp description ~nd Mbsndwn.
TO MAVE AND TO NOLD ~he •bove deur~bed and grantcKJ premises unro tM said MORTGAGEE, itt wcceuon and aupns for~wr. And th~ ~a{d
MORTGAGOR iw --1L5________ eaecutars, admin~sr.arors and assigns, hereby covenann with tha s~id MORTGAGEE, in iuccsssws ~nd assiper,
rh~r --1t-1~------ tawf~Hy se~zed of the w~d prem~ses J~ fee simple: that th~ sam~ a~e fre~, d~ar and discharyed from ~fl (itm and ~ncvnr
brances in I~w o~ ia equity, a~d that lt _ will ~nd 1t5 heirs aMN w...•m ~nd d~tend ~M ~~+1~ w rM wn~ ro tM satd
MORTGAGEE, in succeaso~s and augns, forever against the lawfu~ clsims and demands oi all per~rq;
PROVIDED, AlWAYS that if the MORTGAGOR sMll pay unto ~he MORTGAGEE th~ promiuory note Mrtinbsfw~ deuribed ~nd ~Aatl ttvl~, promptly
a~d fulfy perform, d~scharge. e,cecute, compkte, comply w~rh and abtde by exh ~nd eve~y the itipulations, a9reements, conditwra and cwe~any ot ~aid
prom~uay note and o( this Mortga9e, ?hen thii Mwtgage and ~he Estate haeby cre~ted ~hell cess~ and be null ~nd wid.
IT IS UNDERSTOpp that the wad "Mb+tgsgor" whether in the s~r?gul~~ or plural anywhe?e in this Mo~t9ap~, ahall be si~qvlu i1 on~ at?ly and
shall be plural jointly ~nd ~everatty if more than one, and that ths word "their" as uset! ~nywhe~~ in this AAortqaQ~ shall be t~ken to mean •.his,•• ••h~n••
or "iri," whe*e~er the conteat so implies o~ admits. Also, that whereve~ there is a referencs in the covenanb and prean?tnts htr~in contained to any o(
the p~r1iH hereto, the s~me shall b~ construed to mean ss wefl ss the heirs, legsl rt{xesenr+tivet, succeuors urd ~ui9ro (~irhe~ wlunlary by xt of th~
p~rtiq or inrolunra?y by ope~ation o! the law) of the same and that the covenants herei~ co~tained shall bind and the benefib and ~dv~ntp~s irww~
~o tl+~ respea~ve heirs, ley~l repreuntatires, successws and sss~gns of the p~nies hereto.
- And siid Mortgagors. fw tF+emselvas and the~r he~rs. legal ~epresent~tives, sucsessort and augns, he~eby jointty and stv~ratty covtnant ~nd pr~e
to ~nd with the said MORTGAGEE, irs succeason and sss+gns:
1. io paY •ll and s;rpular th~ principal and iMerest usd the variovs and sundry sums of moneY p~Yabte by vinue of said promitso~y npq, e~d this
mutype, exh •nd every, promgNy on the days respedively the iame uverally betome due.
2. To pay all and singvlsr the taxes, astessmenri. levies, li~bilities. obligstions ~nd encvmb~~ncd of every narwe and kind npw pn s~id daplbed
piaperty, w that here~fqr may be ;mpwed, ~u}fereQ, plxed, Iev~ed, w+uessed thereon, or that here~fter m~y b~ kvied p usess~d ~pon tF~is Mato-
aq~, a tM indebtedrxu ~ecured her~by, each and every, when dve and payable, xcwdinp to law, betwe they becare delinquent, a~d b~fore ~ny inte~eN
attaches o~ a~y penalty ii incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROAAPiLY SATISfIED AND OISCHARGEO OF
RECORD ANp THE ORIGINAL OffIC1Al DOCUMENT (SUCH AS. FOR INSTANtE, THE TAX RECEtPt OR THE SATiSfACTION PAPER OfFICIAIIY ENOORSED
OR CERIIFIEO) SHAIt BE PIACED IN THE HANDS OF SAID MORiGAGEE WIININ ~EN ~AYS NEXT AFiER PAYMENT; ~nd in the event IMt ~ny ti~~of is no1
pa~d, tat sfiad a~d discharged sa:d MORiGAGEF m~y at any t]me p~y the same or •ny pa?t thereof without w~iving w a(fectiny any opfipn, liln, eqoity pr
•roAt unde? or by virtue oi thi: mortgage and the Iull amo~nt o1 each •~d every such payment shall be immediately due and payable and ihall bear int~?~st
~rom the date thersof uMii psid at rare of n,ne pe. cene~m per an~um and ~agerf~er w~rh sach inre~ctt shall be ucwed b the iien of_th's morptap~.
g~o~ 195 P~E _
-