HomeMy WebLinkAbout2846 ~18411
THIS INDENTURE, Mada the 2n~ day of NAVlIIIb~ Y __i_, A D. 19_~.~ brtwern
Regis V. Marso and Frances J. biarso~ his wife __i _
o{ St. I.l,lCl@ ` County Flwida, hereinafter des~~nared as the 'h1iJRTGnG;:R,"'TanJ fIRST FEDERAL SAVI^~~5 AND IOAN
ASSOCIATION OF fORT PIERCE, a corporat~on organ~zed and ex~~t~ng uncier the iaws of the ~~.,.ed SrarMS of A~r~er~ca a~id ha~~ng its priucipal plice of
bui+neis en tM Ciry of Fon ?;erce, St_ lucie County, Flor~d~, here~naher des~gnaie~ a• ~he "A10RiGAGEE."
~YHEREAS ~ha MORTGAGOR is j~stly indebted to the MORTGAGEE in the wm of 5121-OODs_-~~-- , gocd ard laht:,f mo~~ey ol thr Un ted
Sr~tes adaanced by the MORivAGEE un~o the MORTGAGOR, as av~.irncad by a certa.n pro~nuiory ;ote of e.en dsre ncrev~,tf., of w.h.cn fi~e fo~low+ng in
,.ords aad figures ii a t~~e copy, to-w~r:
s12,000.00 No-3-1?
Fo:~ P~~«e, Fio~~da, _ Novembez 2~ ~9~_
• Fw va!ue recerved, 1, we or e~ther of us, prom~se ro pay, wiih~ut defe!,a~ on, ro fhr ordrr oi fIRST iED"cRAI SAVfNGS AND LOAN ASSOCIATIQN OF
~JRi PIERCE at iort Pierce, florWa, rhe sum of S~a4-~-~.QQ____ v`~th ~nrrr~sr from tiare at thr ra!e of 2a~r3', per annum, in monthly insrall-
~~~~s as fo:'or.a: E-44_iQ~ rn the day of AI2rlI , 19 _ 7~ and a Gke su:n o~ the cor.es~nd.ng day of each month the~e-
,^rr untJ rhe who:e be fuily ~a~d.
Eac1+ fns~diLner.l fint shall be app:~rd in paymrnt of the interest and +hen on !he vnpa:d ba!a~,ce uf t1~z pr;nc pal sum. If d ault is made in the
,,.n~rnt Of any ~nstal:ment when d~e, and sucF, drfault tum~n~es 30 days, fhen at the opt~oR of the ho il,~r, and w~'hout any other nol~ce, a~1 the remair,rnq
, .stai~ments shail ix d~e and pe~abie at once. Pnv~~ege is g,ven lo pfepay fh~s note in whole or in part at ar~y t~.,•,e w~ihout penaity. Neither forebearance,
^o~ acceprar,~e by the ho;der the.eof ateer any defauit m any payments hereon, sh3l1 t,e d.•e~,ed e•~~~,s,.n. A~ar~• ~ay~nent charne of S~_i95_, shall be
i.i,d ro each ~nsrai!•nent ~ema~n~ng unpa:d 7 daya after it~ d~e date, and a t~ke w~n shaii t~. add~~d ra e~ch s:,;+, insta,.niant rrcnaining ~npaid 7 days aiter
•~~;h svcceed~ng payment dare.
Each maker. surrty end endo~ser hereof, joint;y and severa!!y, wa~ves drmand, presen~~nenr prores! a~d n~t~~e of proTrst fo~ nonpayment, and funher
` ~:,^.ees to any euens,or of f~n~e of pa~ment, e~rher betore or after matur~ty, wiit:out ne•~ce to any of us; a„d to E~a? a;l cosfs of co!:e~t~on, in~i~d.ng a
~sonab;e a~rornry s fee fn :he event of any defa~'t he~eunder, and hereb~ sevr•a:iy wa~ves a~~ M nrf~t of no~,~es!=~d and ear^~ptio~ under the corstitutiun
~ ~aws of rach S~ate of the Umted Statet, as aga:nst ~nn obl~yatio~ or any eR:tr.sion or rene.~a! herec!.
' ~ W~iness the hard and seal of each pa:t~.
S (SEAt)
~ ~ i.l./~.~-~--'
; (SEAI)
> S
(SFAU
: ,
~ S 18' ~ ) State Revenue t~A~~
~ NOW. THEREFORE, the MORTGAGOR for ~he p~rpose of aec~r~ng payment of ssid sum o~ S 12 ~~0 and eh~ performence of the
covenant~ and ag~eemen~s here~nafter e,cpressed, and for d~~ers good and valwble co~siderahons, by these p~esents. does qrent, ba~ga~n, se!S, rcm~se,
~ -r'ease, con~ey and confirm unto the MORTGAGEE, ita succesaors and ans~gns, s~1 tha~ cerrain lof, p~ece or par~el of la~d, sit~are, ly~ng, and be~ng in ihe
:ounty of $t. Lucie and State of flor~da, desv~bed as follows:
sW
~
~ Lot 17, Black 281, Port St. Lucie, Unit ro. 1, as recorded in Plat Book 11,
page 53 of the Public kecorc's of St. Lucie County, Florida,
R~ •
'm;
~LR
3 ~ ~ i
: ~ DiJF pN
i t' , - ~ . ' . PURSL'McIC
p~C~FT~~NCBLE ~ ~ 1A1(Q
R T., r~?~'4. A ~PERTY,
~ - _ ~ - - = ~ R F~JI~ 1~ ~~s or
~ e'i ; ~""r . C:e•k Cir; I
. o r as A ~~t Conrt
F- - ..~;-T~ t{~ L~} 8er.t t~r C•;.'~!'L N. Kti(iW
' ~ P~. v ~ z=a = St lucie Cuu, t~' Tax IES, ~R
_ o,tcctor
8r
~ ,
rogether w~th afl and ~ingvlar the te~ements, hered~taments and appurtances thereunto belo~g~ng or in anywi~e appertaining thrreDro
and al~ tf, issues,
= a~oceeds and prof~ti accruing a~d eo accrue from said premiaes, ali of whi~h are included in the above •nd foregoing deuription end heioendum.
- TO HAYE AND TO HOlO the •~ove described a~d granted prem~ses unto the said MORTGAGEE, its successors and assigns foreve~. And tF?~ said
- •MORTGkGOR iw ---~hel r-_- heirs, exec~tws, administrators and assigns, hereby covenants wirh the sa~d MOR7GAGfE, its auatssws ~nd usipns,
~hat _2h~?_dIP lawf~(iy seiied of the safd prem~ses in fee s~mple: that the same are free, clear ~nd discharged from •II liens and encvr»~
= brances in law or in eq~ity. and that th~_ wiN and Lhelr _ heirs shal! warrant and defend the titlc to the same to 1he said
MORTGAGEE, iq successon and ass~gns, forever egainst the lawful daims and demands of all ptrsons;
= PROVIDED, ALWAYS that if the MORTGAGOR fhall pay unto the MORTGAGEE the promisswy note here~nbefore described snd shsll truly, p~omP~~Y
_ and fully p~rfo~m, d+scMrge, exccute, compiete, comply wirh and ab~de by each and every rhe s!ip~fat~onf, agreements, co.~d~~ions erx! covenants of t~:d
_ promasay note ~nd of this Mortg~ge, then this Mort~age and the Esrrte hereby created shall cease and be nuli and vo~d. ,
_ IT IS UNDERSTOOD that the word "Mortgagor" whNher in the t~ngutar w plural anywhere in this Mortgage, sh~ll be iir.gular if o+x only •nd',
_;1 aha~~ be plur~l jointly end severafly if more th~n one, and rhat ~he word "their" es used anywhere in :h~s Morrgaqe shall be taken io mean "his," "her~,"
- w"iq," wherever fFu context so ~mplies w admits. Also, that wherever there is a reference in the co+enanta and agreements here~n contained to •ny of
~he p~nies hereto, the ssme shall be construed to mean as we!1 as ~he heirs, legal representatives, successws and auigns (ei~her vofur.tary by act of th~
= parti.s or i~vol~n~ary by operation of the law) of ehe ~ame and rha? the covenants herein contained snall b~nd and the benefits and advantages inure
to the respective heirs, Iegal rep~etentatives, successors and ass gns of the parUes hereto.
_ And said Martgagori. fo~ themse~ves and their heirs, Iegal repretentatives, successors and assigns, hereby jointly and uveraliy covenant and ag~ee
- fo and with the said MORTGAGEE, its successors and assigns:
I. 7o pay •11 and •ingular the principat and interesf and th~ var;ous snd sundry sums of money payable by virtue of said promiswry note, and thi~
` mortgage, each end every, promptly on the days respectively the iame severally become due.
2. To pay all and •~ngular the taxes, asseumcnts, levies, li~t~l~tfes, obl~garions and encumbrancei of every narure and kind now on sa~d dexribed
' property, oa that hereafter may be imposed, suifered, placed, levied, or assessed ther~on, or that hereafter may be lev~ed w aisetsed upon thi~ Morty-
age, o~ the indebtedness secured hcreby, each and every, when due a+id payable, according to law, befo~e they become delinquent, and before any interest
ar~acnts w any penatty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RE~ORD TNE SAME SHAII BE PROMVTLY SATISFIfD AYD DISCNARGED OF
REfORD ANO THE ORIGfNAI OFFICIAt DOCUMENT ~SUCM AS. fOR INSTANCE, TF4E TAX RECEIPi pR THE SATISFACTION PAPER OfFlCIAIIY ENDpRSED
OR CERTIFIED) SHAIL BE PIACED IN THE HANDS Of SAID ARORTGAGEE WITHIN TEN DAYS NFXT AfTER PAYMENT; and the event that any ther~of is not
- pa~d, sat sf~ed and discf~arg~d sa d MORiGAGfE may at any time pay the same or any par! the•eof without wa~v~ng or affep~ng any op~ion, lien, equity or
_ •~aht under or by v~rtue of this morrgage and the full amovnt of each and every such payment si~all be immed~ately due and payable and shall bear interest
+rom rhe date thereof u~til pa~d at rote of n~ne per cenr~m per annum arp t~ge~+~h s~ch ~qHsr~~il be secu~ed by rhe tien of rh s morgtaqe.
~l'''K ` t~!~rr ~~~Ll?w
i