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HomeMy WebLinkAbout1140 2~.5~~.3 iHlS INDfNIURE. Mad~ 1M 3Yd d~y of ~Ptpb@Y A,D: 14.r.:.i~., batwten Robert Mavs and Sa~rahlMays, his •ifQ of St. LuciQ ~p~~~y Florida, heteina~t~r de~ignated aa Iha "MORTGAGOR," snd FIRST fEOERAI SAVINGS AND LOAN ~ ASSO~IATION Of fORT PIERCE, • co~paalion wyani:ed and ex~sting under the laws of th~ U~i~ad S~a~es of Americ~ snd havinp its pri~cifsal plau of bu~~nass fe ~h~ City of fort Pi~res, St. l~ci~ CouMy, flaida; MreiMitt~ ds~ipnatsd ss tM "MORTGAGEE:' WMEREAS 1M MORTGAGOR it justly iodebted to ths MORTGAGEE in the sum of 3__ 3~~:~Q_ , good and lawiul money oi the Uniied Sfetes advsnced by ths MORiGAGEE unto the MORfGAGOR, as evklenced by a cer~e~n pron~issory note of even data l~erewlth, of wh;ch the (ollowing in words ~nd fyures is • trw copy, to-wil: s 3 , 500. AO ~3,_,•~~371 fwt Pierc~, Flwida, 5!~pteaber ~ ( ~q~^~ For value received, 1, we w eithe~ of us, prom~se to pay, without deFdca~ion, to the order of FIRST fEOERAI SAVINGS ANO tOAN ASSOCfATtON OF fC~RT PIERCE at fort Pie~te, Florids, ~he sum of s_ _.~_~SQQa~-_-~_ with iNeres~ (rom date at ?he rate oi _$~ZS per ~nnum, jp montFcly IrtlfaU- ~~~~ntt as ~ollows: =--ZZ~.OD---_ on the _ ISL d~y of --I~II~[!~@Y- 19._u_ and • fike sum oo fhe coue~po~d~rp dry of exb ruonth tha~- at~rr until the whole be fully pa~d. E~ch installment fir~t sha~l be appl~~~d in paymcot o1 the interetl and thrn on Ihe unpaid balance o( ~he prinupal tum. If delauh ls mads in ths ~•eymenl oi any installment whe~ due, and such delauh co~tinurs 30 days, theo a1 ?he option ot fhe holdcr, a~d without any other notice, aN ths remaininp ' ~n:taNments shal! be due and payable at once. Privileyo is piven to prepay Ihii note in whole or in part at any time without penslty. Neith~~ fwtbearants, nor ~cceptance by the holdcr thereof aftar any defaull in any payments hcreon, sMll be deemed eate~sion. A IatQ payment charge of s 3!~~60 shall b~ added to each ins~~l~ment rcmaininy u~pa~d 7 dayi af~er its due date, a~d • like sum shall be addrd to each such i~stallmenl remaining unpaid 7 days ~fter each succeeding paYmenl d~te. Each makea, w~cty and endorser hereof, jointly and severally, waivea drmand, piesentment protest and notice of protest fw nonpayment, and furlhar agrees to aoy extcnsw~ of time of payment, either bc fore w after ma~urity, without not;ce to any of us; and to pay all costs of colleclion, inctudirq reaionable attorney's fee in the event of any default hereundcr, and hereby seve~ally waives ell benefit of homeatead and exemplion under 1he tonttitul'wn a~~d taws of each Srate of the United States, as againet this obligation or any exte~sion or re~ewal hereof. Witness the hand a~x1 seal of each party. _s/ [bnbert Maya cs~?u sAr~~~$ ~,,u ; . cs~w .~5.25 l Stat~ Reve~ue (~wr~ ew~+llar~a~ykwl~+Me~ NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securing p~ymenf of said sum oi S 3 j~~• ~ and fh~ perform~ncs of fM covenanls and ~yreements hereinsfter expressed, snd fw divers good ~nd valwble censideratip~s, by ihese presenN, does prant, bary~in, se11, remise, release, convey •nd co~firm unto tl?e MpR1GAGEE, its successors and auigni, all that certain lot, piete or pucel of (~nd, situ~fe, lyinp, aod beinp i~ ih~ County of St. Lue~Q ,~nd State of f(wida, desuibed ~s iollows: I.ot 4, Block 7, SONNY ACRgS~ Np~ 1, as pez plat tbereof on file in Plat Sook 8, Page 25, of the Public Records of St. Lucie County, Rlorida . ~ ~ 'HE~j Of 1ArES ~ IN PA. , p~ERtY. ~ R~E1VE~ •C INSA?~~181E 4EFS~ ~ DU~ a~ r`R ~Z,4~ IyC1S ~ : i I ~ ~c ~ L() ~,l 4~) i~1 ~l~ AN~ 10 ~~p ~OU~ i; O C U v r~: TA r. j j/. ti•~ i~ Q~1 I~J~ n~ J. 4~C~ 4~rc'u~ ~ ~ _ w,_=~ = ROG:R rolj, ~;O~N~ES~ 1R ~ p SE~- i°~~ t: ~J 2~J = p;er.t to~ DANIEI. ~11 ~ ; : ~ ectot c~ - • s~ ~utie un~~Gr+r~'"" ~ :iEiT_Of Ci!f1.UE , r'~' _ ~ ~ pa. ~90, ~2 c~ ~r ~ ~ogeth~r with all and aingular the tenemsnts. hereditaments ~nd appurt~nces thereunto b~lonyirg w in ~nywise appertaininp 1Fwreb, and all r~nts. iswy. p•oceeds and p~of~ts ~ccruing ~nd to acvue trom siid prem~ses, all of which art inctuded in the abov~ ~nd for~yoiny destription and habendvm, TO HAVE ANd TO HOLD the ~bovs deuribed and granted premises u~ro the ~aid AAORTGAGEE, iN urcte~sws and ~uiQna fw~wr. Md th~ wid MGRTGAGOR fa thei= he~rs, executo~s, admini~trstors ~nd •ss;gn~, heieby covensn» with the s~id N10RTGAGEE, ib tucceswn and asaiqns, ~har -+~f--~~--- lawiully sei:ed of the said piem~ses in fee simpte: that tht tartw ar~ frN, ckar and discM~ped from all li~ ~nd ~ncvm~ brances in !sw a in equ;ty, ~nd ~hat thev will ~~d _ their Mirf sh~ll war?~nt u+d d~(~nd tlx titl~ to f1?~ s~m~ !o Nw Nid MORiGAGEE, its successws and ass~yns, foreve~ aqainst the lawful claims and demands of all perwnss oROVIDED. ALwAYS that if ths MORTGAGOR thell pay unto fhe MORTGAGEE tF~e promESwry note t?ereinbetae dexrib~d a~+d ilwll truly, promptly .+~d fuMy perform, d,stha~yt, execur~, complet~, comply with snd abide by exh ev~ry tht ~tipul~tions. preements. condition~ ~nd tove~wnn of ~aid crom~uwy noN •nd of this Mortgape. ~hen th]i Mortgag• and the Estate heraby crtat~d ihall uas~ and b~ null u?d wid. IT IS UN~ERSTOOp tFNt ~he w«d "M«tfl~ga•• whethrr in the sinyula~ or plural anywM~~ in thi~ AAatya~~. ~hall sin~ulu if ot~ only ~nd •hall be pl~rat pimty and terer~Ny if mor~ than one, and fhar fhs wad "tM'u" ~s used anywh~rt in thh Morty~ ~h~ll b~ takM to m~an "his,•• "h~rs,•• w"in,., whereYe~ ~M context w impLes a adm~?s. Also, that wherever thne h a r~f~?enc~ 1~ th~ cownaMt ud pr~ott Mr~in twN~irnd ro~ny o( the p~.?~es hereto, the sam~ sMll b~ co~strued to mean a~ welt as fM Min. Ip~l rep«sent~tivtt. ~ucc~uort ~nd tuiprn (~ithtr volumay b~r ~ct o/ ?he pa~n~s or inrolunqry by oper~tion o1 ~he taw) of ths ~ame a~d tha~ the cov~nant~ her~in coMained ~halt bind ~nd tM ber?efib ~ed adv~ntp~t inw~ ~o ~he resp~div~ hnr~. {pd r~presenra~iv~s, succeasor• ~nd •u'qns ol th~ p~rtief her~to. And s~id Mo.~qaQors, for thems~lves ~nd ~he~r Mir~, leyal reFresenutives, succ~ssw~ ~nd ~~tp~~. Mr~by join~ty ~nd Mv~rally cov~n~nf prN ~ ro~nd wnh th~ s+d MORIGAGEE, ns avcceswn ~nd ~a~pn~: S 1. To pay slt and iinpular th~ prirKip~l a~d imer~~t ~nd ~he vsrious sundry ~umi of n+a?~y p~y~bk by virtw of wid prom~swry not~. ~nd Mii ~ ~*w~tqp~. •~ch ~nd waY. promp~ly on tF~e d~ys r~apettiv~ly th~ s~v~r~lly~e O~n~ dw. ~ 2. To pay ~11 ~.~d ~~nyulN tF» ~~~ce~. ~tKSSmsna. Iwi~s. liabiliti~~, obliq~tiw?s ~nd ~ncvmbr~ncea o( ~wry n~tur~ ~nd kir?d how on Nid dNCtib~d ~ P*op~~tY, w tMt he~~a(tN rrNy b~ impwed, wfl~+~d, pl~c~d, Iwi~d, a~u~~ed tMrwn, or th~t hsr~all~r m~y b~ IwNd p~utsNd vpon thk a tM ir~b~~dn~ss Mcur~d her~by. ~~cA ~nd ~v~~y, wMn dw •na p.~•b~•. ~ccordinp to I~w, b~lor~ th~y b~ca.w d~lirqwn~, ~nd b~fw~ ~ny b~N f •++uhes ot ~ny ptn~ity i~ i~turred; ANO INSOfAR AS ANY 1NEREOf IS OF RKOR~ JNE SAMF SNAII 6E VROMViIY SATISFIED ANO DISCNARGEO Of i DECURD AND iHE ORIGIPfAt OffIGIAI OOCUMENI ISUCH AS. ~OR tNS1AN~E, THE TAX RECEIPI OR TME SATISFAC110N PAPER OfFIC1AtlY ENOORSED UR CERTIf1E0) SMAII dE PIACED IN IHE NANOS OF SAID MORIGAGEE WITNIN ifN OAYS NEXf AfTER PAYMENT; •nd in tM ~v~nt tMt ~ny ?hKpf h hof N.d. s~f ~h~d ~nd d~uh~r4ed ii d/AORi('.AGf E m~y ~t •n~ I~rew D~Y tM ~~m~ p•nr pa~ IMrw! wilhout w~ivinq o~ •f(~ctinp ~~y optlon. li~n, puify p •~~hr ~ndp w by vinw ol Ih~s mor~psq~ ~.~d ~he 1~11 smvunt o~ e+ch •nd wery such paym~N ~h~ll im~,~d~~~~ly dw •~d p.~•bt• ~nd ~h~ll b~~~ inbrqt t.wn d~q tMr~o~ unhi p~~d N r~te ot n~n~ p~~ cenrurr~ wr •nnum ~nd eoQqh~r w~Ih ~ucA enNayl ?halt br sarurrd by tA~ li~n of th f mOrptp~. ~ooK 185 ~~~E 1~38 _ - ~