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HomeMy WebLinkAbout0647 ~ / x 218~89 ~ , ; THtS INOENiURE, N4d~ iM ~ 2th day of _ ~~~~r .A.~. 19! - betw~en ( _ Dirginia C. Rice, a sinQle adult ~ of Lt~~ , County Florid~. Mreir~aft~t des:gnated as the "AtORTGAGOR;' •nd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIEitCE, a corpaat~on a9aniztd and tx~~tinp und~r th~ lsws of the Un~ted Sutes of M~erica ~nd havinp iri principal piac~ of buun~is in tM City of Fort PiKU, St. lvci~ Co~nty, flwids, Mrtinaher dttipn~t~d +s tM "MORTGAGEE: ' WHEREAS tM MORTGAGOR is jwtly indebt~d W fM MORTGAGEE in the sum o( S ~ ~ 19~~~ , good and lawful mo~ey ~f the Un:ted Sraros advanced by the MORTGAGEE unto the MORTGAGOR, as ev~dcnced by a certain promiasory nole of even dace herew~th, of which the followiny in ~ v~wds and fi9ur~s is ~ trw copy, to-wit: -1 , 6 1 =11 K~•~ Fo?t Pi~n~. Flaida, Novea~ber ~ 19 + fa valw reteived, I, we a eithe~ of us, prom~u to pay, wi~hout defalcar~on, to the order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PiERCE at Fo~t Fisrce, Fbrida, the sum of S ~ w+th interest from date at the rate of 7•7 per annum, in monthly install- rnn as fo!!ows: 3 98•~ on tF?e ~ S~ day of January ~q~7? a tike sum on the correspood~ng day of each month tfiers- ~ atte~ until the whole be fu~ly pa;d. ~ Each installment ifrst sMll b~ ~ppl~ed ~n paymcnt of ~he intc?est and rAcn on the unpa~d balance of the pr~nc:pal sum. If d auh is mad~ in the ~ F a;~runt of any inuailment when dw, aod such defavlt cootinues 30 days, then at the opt~on of the ho~der, and w~ehou+ any other no+ice. all the rema~nh+g ,r~sfallm~~u shall b~ dw and payabk at once_ P~iv~ley~ is ~iven ro prep~y thi~ not~ io whole or in part st any t~me w+~hout penahy- Neither forebeannce, ~ i ~i nor acc~pt~nt~ by th~ holdar tim~of afte~ ~rry defaulr in anY psYments hereon. shall be deemed extens~w+. A late payment char~ of S • 0 ~hall b~ rdded to each imtallrrKnt rem~i~inp ~npaid 7 d~ys ~iter i» due date, and • like sum ;halt be added to each such in~ta~lment rertuining unpaid 7 d~ys ~he? each succ~edinq p~yment date. ' E~ch maker, surety and endwur hereof, joinlty ~nd severally, waives demsnd, p~esentment prutest and notice of protest for nonpaymen~, ~nd funher ~ agreq ro any extemiw~ of t~me of payment, eithcr before or after maturity, witnaut not~ce lo any of us; and to pay ell costs of collec+ion, includ:np a ~~esonable aucrney's fee in the event of any dcfau.t hereunder, and hereby severolly waivei a11 bene(it of homestead and e~rmption under the constitWan ~ a~•d iaws of each State of tM Unfted Sutei, ss aga~nst th7s obliyation or ~ny extensien or renew~l he~wf. ~ W~tness tF~e Mnd u+d tcal of e+ch party. s/ Virg3nia C. Rice, a aingle ad}~,~ ~ (SEAU ' ~ ~ ' (SEAU ' ts~?u ; S1T.85 ~ s~.,. a.,,.~~. , ' ~ ~ 11 900.00 ~ NOW, THEREfORE, the MORTGAGOR fw tF?~ purpos~ of tecuriny paym~nt o( said ~um 8f S ~ and tF» pe+form+nce of tM covenanb a~d prltmMy here~nafts~ exp~essed, and fw d~vers 9ood and valuabl~ con~~d~r~tiw~s, by these prescnis, does y~ant, barfla~n, sell, rsm~se, rr?ease, conv~y ~nd confirm unto the MORTGAGEE, ib successws ~nd ~u~~s, a!1 tMt certain bt. pi~ce w parcel of Isnd, siwate, lyinp, snd btinp in tM Co~nty of `St. ~i11Ci@ and State of f{wida, describad a fotlows: Apartment E-I-20l~, of Colonnades Condoainiiass No. 3, a condesdniu~, according to the Declaration of Condosiniua, reaorded in 0. R. Book ; ~ , ` 193, page 2596, of the Public Recorda of St. Lv~cie Count~, Florida, ~ TQGETHEft i~tl?A all of its appurtenancea according to aaid Declsration. ~ ~Z ~ ~ ~ ; RECi~11ED S- IN Po1.l1ENT OF TAKEi ; . DUE ON CLASS 'C INTANGIBIE ?E?~NAL P:20PER1Y, ~ ~ O~ ~ U A PURSUANT i0 Ct1APTfR 20721. AC~T OF 19i1. ~Al E u° ~ L P jpX ROG~R POITRAS, Ckrk Cirwit Ce;nt ` W r DCJNtc1`1T~°.• STA~_____~ ~ _ ~ _ ~ - a s l~ e n t f o ~ D A t 1 1 E l M. K N O W L E S, J R ~ ~ j Z ~p~ ~T11 ~ 5~ St lucie Courh Taz Celkttor _r ~ ~ = = o - ~ . ~ ~ x~t.cv cc:cxuc g c ~ N p~_~~otiu - Y ~ / oEtttTY q.EWc E ~ roQetirr w~th ~11 snd sinyul~r tM rtn~m~nn. Mr~ditamtnts ~nd ~ppwt~nus therwnro b~lonqiny p in a~ywist app~rtai~inp thNNO. ~nd ~U tenb, is~ua, ~ - pfocNds ~r+d profib xcruinq ~nd ~o ~caw f?om s~id p?emi~s, •II oi whicfi ~r~ axludd in tM ~bov~ ~nd fwpanq dewiption snd Mbendwn. ~ ` TO HAVE AND TO tM ~bov~ deacr~b~d and p~~~ted prem~s~s unro tM wid MORTGAGEE, its uecctitw~ and auqn~ forw~r_ 11nd th~ wfd ~ ~ y MORiGAGOR fa ---==r--- hein, •xecutws, adminisrrato.~ and •ssyns, hereb~ cov~na~ri with th~ s~id MORTGAGEE, its wccessat ~nd adpns, she is s rh~r - I~wfully ~e~:ed of tlx s~id prenu~es in fN ~imptr, tMt tM s+m~ ~r~ frN, clear ~nd diul+wysd fran dl li~ns ~nd er+cun? b.~nces in Isw w in puity, and that ~hB will ~nd her heirs shall w~rrant ~.+d d~fend tix iii:s sa i~.: ss..-a ta ihe wid MORTGAGEE, its suctssso.a ~nd ~u~pro. fa~wr p~~rt~e ~tr tawful ci~i+m a~d demanda of all pe~wro; PROVIOED, ALWAYS tha~ i1 ~h~ MORTGAGOR aMll p~y u++to ~M MORTGAGEE tM p~an~swry not~ M.einbeia~ d~scrib~d ~nd sMll nuly, prompNy •nd fuilr perfo.m. d~scls:cy:. :z~::::s. cx.~.:s:s. r-.'r'•'r s:~ s.`.-...~a by ~ach and wNy the ~tipvl~tioro. pr~em~nts. tondi~ia» and ooven~nts of wd ` p.om~ssary not~ Md o} this Mwtyape, tlvn this Mortype ~nd tM htn~ ha~by veated ~MII uas~ ~nd be nvll and wid. = IT IS UNDERSi00D t1»t the wad "Maty~pw° whether in tM iinyul~a or plwal ~nywh~r~ in th~s Mwtypt, ~Mlt b~ ~inpula i1 ar on1Y ~nd ~ shall b~ plw~t 'pintly ~nd se~~r~lly if mor~ tMn on~. ~nd tha~ tM word "~heir" wed ~nywlrr~ in tha ARo.t9a~ sh+N be Nk~n to mean "hit.» ••h~n;' ? o+ "in." wMrwa rAe comeat w K++plNt a adm~rs. Also, tMt wMr~ver ther~ a• r~f~rence in +M cown~nn and a~recm~n~s ha~~n cont~irwd to ~ny of the p~rtie~ ha~to. tM ~~me tMU b~ consnwd to m~~n p wefl n the h~~r~. Ipal rep~esent~rives, succ~asa~ ~nd ~uiym (~~tl+~ volu~ruy by ad of tM p~rtiN a involu~~~ry by op~r~tion of rhe bw) of the same ~nd ~Mt the covena~n M.~i~+ conui~xd shali b~nd and ~M ber?~fin ~nd dv~ma~a inur~ ~o tAe reip~ctiw Mw~. Ipal r~tstnt~fivq, suuesson and au~q+a o~ tM p+~t~es her~to. Md ssid Nbr~9~ors, for eMms~lv~f and ~M"a Min, tpd rp~esem~five~, sucusson and ~aiqns, hereby pimly and wver~lly cw~nsnt ~nd p~~a ' - ro ~nd wirh tM wid MORTGAGfE, its succ~aso?s ~nd auigns: 1. To pay ~11 ~nd sinpvlM th~ pri~cipal and inter~st and th~ vubus and svndry wms of money p~Y~blt bp virtw of s~id praniaWry nof~, and thif mort~p~. Nch ~nd twry. p~anpHy on tiw days ~eyp~tt~v~ly tM s~me wwrdly btcarr dw. s 2. To pay •II and ~inp~?In N+e taae~. ais~ssen~~n. Iwi~t, ii~b:i~~as. obiip~tiom ~nd encumb~~nc~s of •very MiWf ~nd kind now o~ iaid d~saibd - p.op~rry. o? tMr l~re~frK nuy b~ impw~d. wffend, placsd, bvid, a~wswd sl~erwn, or ~I»t her~~h~r may b~ lavi~d a uwss~d ~pon tAN Mwr~ a tM indeb+~d~rss wcw~A he+~by. ~adi ~nd ~v~.y, wMn dw ~d p~y~bl~. ~ccadinp to I~w. o~fore ttKy becane d~linqwm. ~nd b~fa~ My MN/Hf `z •+te<hes a anr peevlty is i++twred; AW~ 1NSOFAR AS AN1/ THEREOf IS Of RKOR~ iHE SAME SNAtI !E PROMYttY SATISFIED ANd DISCFIARGE~ Of - RECORD ANO iME ORIGINAI OFFKIAI pOCUMfNT (SUCH AS, fOR INSIANCE. THE TAX RECEIii OR TME SA115fACT10N ?APER OfFICIAIIr ENOORSED OR fERllflE~) SHALL !E VtACED IN THE MANDS OF SA~O MORTGAGEE WITHiN tEN OAYS NEXT AfTER iAYMENT; snd in ~he event tMt ~ny ?1kr~of ia rw/ - p~.d. Nt yfMd a!~ (~iKMilqed w d N~ORTGAGEE mav sr •ny ~,me p~y rhe s~me w•ny p~h tMreof w~~hovt wa~w~ny w atfect~rq any oprw~, li~n, puity a _ •~pM unde~ or by r~rtue of thes mo~~9aye a~+d the ful! ~mp~M of e~ch •nd wery such p~yment shali oe immed~afely due and pay~bt~ ~nd shall bt~r im~res+ _ ~.om the d~t~ d»reol vnril pa:d ae ~aee of n,ne pa cen?~m per a~n~m snd ~operMr w,rh ~~ch ~nreres~h~ll br tFK Jjrr~q~h:• morptaq~. BiIOM ~~F~ %47