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HomeMy WebLinkAbout0361 214659 THiS IND:IViURE. Madt the 13th day of '.~S~u9t ' , A.D. 19~~_. b~;twean Clara Loretta Hackney, a widow o~ ?St. Lucie ~p~nty florida, hereinafler desynated as the "MORTGAGOR," and FIRST FEOERAt SAVINGS AND IOAN i ASSOCIATION Of FORT PIERCE, a co~poration or9inized and e~isting under the laws of the Un~ted Stuoi of Amerit• and havirg iri principal pi~cs of ~ busirwu ln tM Ciy of Fort Pi~ru, St. lucie County, Florida, hereinafter deiiynated ss the "MORiGAGEE:' WHEREAS tho MORTGAGOR is jvstly i~debTed to the MORTGAGEE in the sum ol S~ •ar~c~c• ~ goad and lawful mauy of the U~~~ed Srates advaoced by ths MORiGAGEE unto ths MORTGAGOR, es evuirnted by a certam promissory note of even date herewdb, ot wt.idl Ihe tolbwin~ in words and tiqures is • frw copy, fowit: ~ 14.600.00 N,_ 3 ~7.320 fwt Pierce, Flwid+. _ All~ll~~ 3r._ _19..~~ Fa value receivcd, 1, we w either af ~s, promise to pay, without defalcatlon, to ~he wder of FIRST FEDERAI SAVINGS AhY) IOAN ASSOCIAT{ON OF FORT PIERCE ~t Fat Pierce, Fbrida, the sum of S-~~1~ w~th interest irom date at tF~e rate of ~~',o per en~urA, in monthly install- ~nents as foltows: i_ ~ss[s.~- on the day of October 19_~~..- and a tike sum o~ the corre~pond;ng day of eath month therr arrer until the whole be fuliy paid. 1 Eath instaliment first shail be apptiad in payment of the intereat and then on ~he unpaid balance of the pr~nupal s~m. lf def~u}t is m~de in the F~ayme~t o( any inslallment when due, and such default confinues 10 daya, then at thr optiu~ of the hoider, and without any other notice, all Ihe remaining instaliments shail be dve and payabie af once. Driv~lege is given to prepay this note in whole or in part a~ any t~me without penalty. Neither (oreb~ua~ce, nw acceptance by the'hol~r thereof aite~ any default in any paymenls hereon, shall be deemed extension. A late paymc~t charge of shall b~ added to lach installment remaining unpa~d 7 days after its due c{ate, and a like sum shafl be added to each such installment remaining unpaid 7 days aftN each sutteeding payment date. Exh make~, surety and endorse~ hereof, jointly and xevera(ly, wa~vea demand, presentmrnt protest and notice of proteat for no~payment, end further agrees to any extens~on of time of pay~nent, eithr~ bafore or after ~natu~~ty, without not~ce to any of us; and to pay af~ costa of coflection, inciuding • reasonable attorney's fee in the event of any deiauN hereunder, and hereby severally waives aU benefit oI homestead and exemption ur.der the constitution :~-~d laws of each Stare ot the United S+a~es, as agamst this obligation or any extens~on or renewal hereof. Witness the hand and xal of each pany. - g~Cl ara T~~~t.A NA[*_~[YWV_ a idi r~nv ($E~(~ cs~?u , fSEwU ~ ~el. Lt7 1 $tste Revcnue . NOW, THEREfORE, the MORTGAGOR fw the purpose of aecvring psyment of said 3wn of S 14,t6~• ~ ~nd tbe performance of th~ covenann and agrcements Ixreinatter expressed, and fw d~ver~ good ar+d valuabte cor~siderat~o~s, by these presents, does grant, bar9ain, se11, remiu, release, convey and conf;rm unto the MORTGAGEE, its successors and aasigns, all that tertain Io1, piece or parcei of tand, sitvate, lyirq, ~nd beiny in ths County of St_ Lt1Cle and 5tate of fbrida, desui6ed a~ foltows: ;partaaent II-201 of INLET HO(JSE GGNDQ~+~+1IUM APARTMENTS, BUILDING N0. II, a condaminium, according to the Declaration of Condominium, recorded in 0. R. Book 190, Page 929, of the ?ublic Records of St. Lucie County, Florida, TOGETHER WITH all of its appurtenances according to said DeClarBtiOri,' ~1Ym . ~ lItRS1WIT ~ZS ~IRAN6t~ ~~~Ipp QIY~ - ~iER roR 2072~. AGTS OF IlfL ~ ~5,, Ckrk t~lp~ ~Oaft ~ ~t tot DANIQ ~ KMONrI~ 1R # ~~~'blu~ ~ ~ SZni~t ,=~u~~l~;a ~ h ~ ~ nocu~~~Ta~~~-~,sT:~~~P 7.~x ~ ~ J ~ = AUCi2S~1 _ k~4 - _ = -="=2145- N ~ b[~i.{F R[rEM1K _ P.@.~vo~~z _ rogether with ~If and sirgul~r the tenements, hereditaments and appurtanccs thereunto betongirg w in anywise appcrt~ininp thento, and all r~nri, iuws, p~oceeds ~nd prolits xcru~ng and to accrue from said pemises, all o( which are inc~uded in the above ~nd foreyoiny dacription and I+~bendum. TO HAVE AND TO HOID the +bove descnixd and 9rsnted premises unto rhe seid MpRiGAGEE, it~ successors and ~uipro fo~ewr. Md th~ ~aid rnORTGAGOR fw --~b~~----- he~rs, e¦ecuro.s, administrato~s and assigru, hereby coverunb with th~ said MORTGAGEE,,in successw~ ~nd aaipra, _ thex are ,,,,,,f„~~y se~zed of rhe sald prem~ses in fee simple; tha~ the s~me are iree, ck~r and diuMryed from all liero and ~nnim- brancss in !+w or in equity, and that_t~~_ wilt snd their he;n shall wsrr~nt aod d~ftnd tM titl~ b tM sams to tlw wid MORTGAGEE, its successo~s snd aas~gns, forever against the fawful claims and dcmands of all persau; PROVIDEO, AlWAYS tMt if the AM1ORTGAGOR ~ha11 pay umo the MORTGAGEE tir p?omiuory note hereinbe(ws deiuibed ~nd thall truly, p~priptly and iully perform, ditchar9e, execute, complete, comply with and abide by exh and erery the stiputations, apreementf, tondition~ and tovsnanb of t~id prom~uory nore ~nd o! this Matgage, then th~s Mwtyage and the Estate hereby aeated shal! ceas~ ~nd be nul) and void. IT IS UNDERSTppp that the word "Mortgagq" whether in the s~~guler q plural anywhere in ihis NbrtgaQe, thall be sir~uia? if on~ only and sh~ft be pturat joinfly and severally if more than one, and that fhe wad "their" as ~sed anywhere in ihis Mwtya~ sMll be taken to me~~ "hif," "hen," or "itt;' wherever the context so 3mplies or admits. Alw, that wherever there is a rete?ence in the covena~ts and a~reem~ms he~ein cont~in~d to any of tM ptrties hereto, the s~ma shall be consrrued to mean as well ~f tf+e heirt, ley~l rtprrsentative~, svtcs:sw~ and aui9rts (sithe~ voluntuy by act of tM partiet p involunt~ry by optratbn of the lawl of the same s~d that the covensMS Fxrein tontained thall bind ~nd tht benefib and advantapp inw~ ro the respective heirs, legal represe~tatives, succestws and ass'gns of the p~rt~es hereto. And said Mortgsyors, to~ themxlves snd the~r hein, leg~! ~eprexntatives, successors and ~ssigns, he~eby jointty and severally cwenant ar~d pr~e ~o ~nd with the wid MORTGAGEF, its successpi ~nd assigns: To pay all •nd singvlar tFu prirxipal and imerest ~nd the vsrioui and sundry sums of money pay~bl~ by virtw of said promissory noT~, and tha mortyape. ~acF~ and every, promptly on the dsys respect~vely Ihe s~me sevently becorn~ dw. 2. To pay •II and sing~tar the taxes, ~ssessments, lev~es, liabilit;e~, oblig+tions and encumbrances of every natwe ~nd kind now o~ ~aid dapr'b~d propeHy, w that hereatter m+y be impossd, strffered. Plxed, levied, or assessed therson. w tMt hereaft~r may be levied_ a uieaed upon this Mwt¢ ~gt, a tF~e indebtedness secured her~by, ~acl~ and ~ve~y. when due and pay~ble, xcwdinp to law. befor~ thsy becan~ deliinqueM, and before u~y inltrMt attaches a~~y penalty is inturred; AND INSOFAR AS ANV THEREOF IS Of RfCORD THE SAME SHAII 8E PROMPiIY SATISFIED ANO DISCHARGED Of RECORO AND THE ORIGINAI OFFICIAL OOCUMEtVT (SUCH A5, FOR INSiANCE, TME TAX RECEIPT OR THE SATISFACTION P/1PER OfiIC1AtLY ENDORSE~ OR CERTIFIED) SMAtI 6E PIACED !N THE NAMDS OF SAIp MORTGAGEE WITNIN TEN OAYS NEXT AfTER PAYMENT; ~nd i~ the evcnt that ~~y thNeoi a rat p~~d, s~t'stied snd discharged sa d MORTGAGEE m~y at any time pay the sa.ce a any part thereof without w~iving or affectirq any option, litn, equity or •iqht under w by virtue of this morrgage ar+d ~he full amount o~ each and every such payment sh~ll be immediatety due and payable and shall bNr interat ~r~ the date thereof until paEd at rate o4 nme per ctntum p~r annum snd toqether w~th ~uch i~terest ship bd secu~ed by the lien of ~h:s morytape. a~> jK ~ ~J ~~E - - _ ; . a ~ ~ -