HomeMy WebLinkAbout1986 215'716 V ' ~
THIS INOENIURE. Mad~ ~?,e 10th d,y ot S~~tb~3' ' A.D. 1951., eenwe.~
Fred H. I_ollis and Alene W. Lollis
of $t . I.ltC1Q , County Flo~id~, hereinaiter de~ignatcd as tM "AM1ORTGAGOR," and FIRST FEDERAI SAVIkGS AND IOAN
ASSOCUTION OF fORT PIERCE, a corpaatlon wyani:ed and eais~ing under the laws of ths Un~led Statq of America and Mvinp its princip~l place of
bwiness io th~ City of Fort PiKCe, St. lucis County, Flaida, F?erein~ftcr deipoated as IM "MORiGAGEf:' ~
~ WHEREAS 1M MORiGAGOR is ju~tty indebred to Ihe MORiGAGEE i~ tha sum of S 8 , good and lawful money of the Un~ted '
States ~dvsnced by the MORTGAGEE unto 1he MORTGAGOR, as evidenced by a terlam prom~ssay note of even date herewith, 01 wh~ch tix foflowinp in
v.ords ~~d figures is a~ru~ copy, to-wit:
s 8 `,000.00 3-17 , 384
fort Piercs, Flwida, September ZO. ~q 71
Fw val~e received, 1, we w e+ther of us, promiir to pay, wi?hout defalcarion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORi PlfRCE at Fpt P;ace, Florids, the sum ol 5--8-100~•~ w;th ;nerrest from date at ~he rots of 8•A ptr ~nnum, i~ monthly ins1a16
~»rros as foilows: s?? or, _ lSt day of Noveaber ~q_71 _ ~hd a like sum on the cwresfwnd~ny dey of each monlh tF?crr
atier un1i1 the whole be fully pa~d.
Each 7~ata1lmeM (irst ahall be applird in paymenl of the i~terest and then on tM unpaid balence of the princ+pal sum. If default is m~de in ths
~•~~•ment ol any msfallment wAen d~e, and such default cominue~ 30 days, then at the option of the holder, and without any other eotice, all the remainirg
~~~:tailments shall be due and payable a1 once. Privllege i~ given to prepay lhit note in whole or in part st any time wilhouf penalty. Naitha forebearaece,
nor scceptance by the holder thereof alter any de(a~tt i~ any payments hereon, shell be deemed extension. A lafe psyment tharge of s 3•
8S
- ahal) be
.+ddrd ro each insra~lmeat re~~ain;ng unpa;d 7 days aiter ita due d~te, and a like ium shatl be added to each such installment rema~ni~g unpaid 7 days after
each succeediny payment date.
Each maker, sure~y and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw ~payment, and furthe?
a9rees fo any extensicn of rime of paymero, ee?he? belore or ahar maturiry, w+thout not~ce to any of us; and fo pay all costs of colled'eoo, includinq •
reasonak~le attorncy's fee in the event of any de(aulr he~eunder, and hereby severally waives all be~efit of homes~ead and exemptio~ under the tonttitulion
a~~d laws of each State of the Uni~ed States, as aga;nst this obbgation or any extension w renewal he~cof.
Wrtness the ha~d and scal of each party.
s~red H. Lollis ~q
(SEAI)
sfAlene W. Lollis ~
l 512.0~ i Staro Revenue
NOW, THEREFORE, the MORTGAGOR for tl?e purpose of tecuring payment of said sum of S 8~~~'~ , ~~d fhe performsnce of tM
cover+ants and ag~eements hereinafter expressed, and for divers good and valusbte considerations, by these presents, does grtnt, baryaen, sell, rem;ss,
~elease, convey end confirm unto the MORTGAGEE, ita successbrs and asslgns, ell that certain lot, piece or parcel of land, situsfe, lyinp, and beirg in tM
Counry of SL . 1.11C lE' and 5tate of Flwida, dcsuibed ~s fotlows:
Lots 15 and 16, Block 8, DREAMI,AND PARK, as per plat thereof on file in Plat Book
oage 38, Public P.ecords of St. Lucie County, Florida,
RECi~vED , ~O -
~~TCIITtSSC'C IKTANGItl.E PER~~:tOPER1~
HMf:R 2072~. ACTS OF I9~ll.
l:OG=R POITRAS,, Clerk Circuit Co~rt
. ~ ~mt fot DANIEL M. ~pyy~ 1
W 5 I I-~ ~ t. t- L U!~ A St lncie Cour.
c~ F~'.. ['.CCUi~!E~TA~'='~"=,STL.iJ,-^ T:~ X h Ta7I COIIeCGDr
~ - SfPiT~l ~ C
F"' U = ~ ZOI~-
N ttiT.91 CfiEAYf~';~~ _ ~ (,'(,F~(
Pi3.ivo>>t - _
~ogether w~th all a~d singutar the tenements, herediuments and appu.eances fhereunto belongFnp o~ i~ anywise ~ppeHaininp lher~fo, ~nd dl rents, issws,
p~oceeds and prof~ts sccruirg and to xcrue from asid premises, ail of which are irxluded i~ the abov~ ~nd fae9c~irg description a~d I~abendum,
TO HAVE AND TO NOLD the sbove descnbsd and granted premises unto the said MORTGAGEE, itt sutcessors and ~uiyns fw~vN. And th~ said
MORTGAGOR fw t hg ir executas, administrators and •ssigns, hereby toven~nt~ with the said MORTGA6EE, itf wcctswrs ~nd ~uiq~a,
~Mt - t~le~ a!
f~ lawfull uized of the said
Y prem~sei in fee i~mple; tMt the ~me ue fre~, cku and diuMrped from ~U iiero and ~~cwo-
trances ;n law w in equity, and that Lhey wil~ ~nd Lheir heirs ahalt warrant ~nd d~fend tlw fittt to rh~ sam~ b tht ~afd
MOR7GAGEE, its successo~s :rd assigns, forever sgain~t tF~e lawful claims and demar~ of ~II perso~?sj
PROVIDED, AlWAYS rhat if tF?e MpRTGAGOR shall pay unto the MORTGAGEE the promistwy note hereinbefor~ dewib~d and sMll truly, promptly
+~d fully perfo~m, d.+~+ rye, execute, complete, comply wirh ~nd abide by esch and every the stipulatiwu, ayreemenis, COrfditipfs an1~ COVfMnb O~ Nid
v~om~ssory nore and of fhis Mortgsye, rhen this Matgage ~nd the Estate hereby created ih~fl ce+~ and bs null ~nd wid.
IT IS UNDERSTOOD that the word "Matflagp" whether in the s~ngul~r w plur~l anywh~rt in this Mortyp~, thall b~ sin~ulu il on~ o~ly ~nd
snaii be plural jo~mly ~nd ~everally if more th~n orw, and that ~he word "~heir" ~s ~d anywhen in th~a Monyp~ ~MII be ~~ka+ to m~an •'his,•• •'Mn`•
u"in," wFre.ever rhe conre,ct so implies or admirs. AIw, thaf wlxaevrr there fi a refs,enc~ in tM cwsnann ~nd apr~emenn ha~in contain~d ro u~y of
rhe pa,~ies FKreto. the u?rM ~hall b~ construed to me~n wetl the hein. Ityal r~pesentNivt~. ~~cc~sia~ and ~sti~eq (~ith~r voluMary by ~d of tM
pa.ties a inroluourY by oper~iion of ~he Iawl of the same and thaf the covenams lunin contain~d sh~ll bind ~nd fh~ b~n~fib ~nd advant~s hwr~
ro fhe :esyeaivs heirs. I~yal represem~tive+. ~ucceasors and ~u~pni of tM parti~f htrtto.
,And said N4wtyapo.s, for tMmulves ~nd their heirt, Irpal repr~wntativ~i. ~uccefwri ~nd aaiyn~. Mr~by janlly ~nd wvaally tov~nant ~nd pr~e
srd wirh Hr ~aid MORTGAGfE, irt succeswn ~nd ~~~qm:
1. To p~y atI ~nd ~i.pvtar fhe principa! ~nd i~t~re?r ~nd tM v~rious ~nd sundry wms o/ mon~y p~Y~bl~ by virtw of taid promiuory ewf~. tnd thii
'"a~p~W, u+d wery, pomDtly o~ fM d~ys re~pectively 1h~ ~~m~ Kr~r~lly bscom~ dw.
2. To pay ~It ~r~d ~;npulu the ~a¦es. ~~sesur»nn, I~vir~. liabit~~ies, obli~a~ans ~~d ffKYTbf~n~~{ oi ~v~ry ~atw~ ~nd klnd epw p~ N{d tNacr~d
v~opsnY, a*har her~•ir~r n+~y b~ impw~d, sulfa~d, pl~esd. I~vi~d, a~u~~~.d ~Fwnon. w ~Mt Mna(tK en~y b~ I~vi~el a uius~d upon thi~ Mat~
~yt, a ttk 1nd~bNdn~~f kcw~d her~by. ~~ch ~nd sv~ry, whs~ du~ ~nd p~y~bb, auadirp to I~w, b~ta~ tMy b~car» d~linpwnt, ~nd b~fw~ N+y InNrN~
+~+~t?~es a•~ penNty i~ 1~curred; AND It/SOfAR AS ANY iMEREOf IS OF RECORD iME SMAE SHAtI SE PROAAVTIY SATISf1ED AND ~ISCHARGED OF
~EC~O ANO THE OQIGINAL OFfIC1At DOCUMEN~ IStKH AS, fOR INSiANCf, 1HE tAX RECEIPi OR /HE SATISFACTION VAPER OiFlCIAIIY ENDORSED
~~Q CERtiiIF~1 SM~It SE PtACED ~N iME HANpS pF SAIp MpRiGAGEE WIININ 1EN OAYS NEXT AiiER PAYMENT; ~nd In ~h~ ~v~nf ~hN ~ny 11,K~of a no~
~~•d. ~~t al~~d •nd d~?cAuQed ta d MUR(GAGEE m~y •ny i~m~ p~y th~ ume w~ny p~rt ~h~r~o( wi~hout w~ivin9 pr •ff~c~inp ~ey opfion. IIM. puit~r p
•,7h+ v..da d b~ +~r~w o( ~A~~ ~,o~iy•qe •.~d ~1w lult ono~,n~ ol e~ch •nd ev~ry ~u~h p~ym~M ~h~ll b~ imm~dut~ly dw •nd p~y~bt~ •nd sMll b~ar l~fN~p ~
tAe QN~ IM~to/ ymil p~~d ar ul h~rq pf~ cenrum p~r •nnum •nd toq~tiHr w~~h ~uch in~a~H I ~cur~d by Ih~ li~n o1 th:~ mprpfp~.
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