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HomeMy WebLinkAbout0995 ~f ~~~+r`i~o~ , - € THIS INDENTURE. Msd~ tM 18th day of NeV mh~r - A.D. 19~ be?wce~ ~ _ rhomas C Locke anc~ Lynn S. I.ockei his wife o~ St. l.1lC~@ , Cqmty florida, Mr~inaftN designated +s IM "MORTGAGOR," •nd fIRST fEOERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIEIKE, ~ corpa~?ion orpa++iud ~nd •x~s~inp unde~ fh~ laws of tM Un~ted S~ata of America •nd havinp iri prirxip~l pl~c~ of busin~u ie tM City of fort Pi~rc~, St. luw Countll. Flwid~, hertinafter d~sg~at~d ~f 1M "MORTGAGEE:' • WHEREAS tM MORTGAGOR is justly indebted to tht MORTGAGEE i~ the sumo{'=2O~Q~~~~~ good ~nd Iawful moneyot the Un~ted States advarued by tM MORTGAGEE u~to the MORTGAGOR, as ~vidrncrd by a certai~ promiuory note ot even date herew:lh, of wh~ch tM fol{owiny in words and fiyures is a trw copy, to-wi~: s~,~~.~ ~ 3-17~,6S3 _ Fo?t Pi~r:~, f~o.~d,, November 18, ~y 71 ' Fw value received, 1, we or eithcr of us, p~om~ae to paY, withoul defslcarion, to ~he order of FIRST FEOERAI SAVINGSS~ AND IQAN ASSOCIATION OF s _ w~th ~nte~es~ from dete at the rate of "°~e FORT PIERCE at Fat Pierce, Fbrid~, the aum of j?~ 7~7 per +nnun+, in monthly install- Z 6 5.7(1 1 S t Ma reh 19__ 72 and • like sum on the cwrci ~ da of tach month there- t . .~rnn as foi'o~s: S- o~ the day of - Po^d Y _ efrer until the whole be fully paid. • E+ch installmcnt first shall be applied in payment of the in~erest ~nd thcn on ~he unpaid balsnce of the prinupal wm. If d aull is mad~ in ths ~~a,rmem of any in~tatlment when due, and suth defauh continues 30 days, thtn at tF~e option of the haider, and without any other notice, all the ~emaini+~y ` ,~s+~llmenta sMll be due and payabt~ at once~ Privilrg~ is yiven fo pr~pay this r?ote in whol~ w i~ part at ~ny t~me without penalty. Neither iaebea?ance, nor acceptu+ce by the holde~ thereof sftes any defau!t in any p~yments hereon, shall be deemcd exten~ion. A Iate payment tharQe of ~ 8~ 2 5 fha~l be eoded to each insullmeN remain+rg urtpaid 7 days afte~ itf dw daee, and • hke sum sMll be added to each wch ins~allmem temaininp unpa~d 7 daya after ~ each succeed~ny pavmem date. ~ Each make~, surety and endorser F+e~eof, joimly and uverafly, wa~ves demand, p?euromenr p?otest and rwtice of protest fw nonpayment, and fuNha agrecs ~o any extenswn of nm~ of paymem, eithe. before or sfter mafur~~y, ~vithou~ nence to any ol us; •nd to pay all cos*s of colfection, includ;rg a _ ~resonabk atrwney's fee in the event oF a~y default hereunder, and hereby severaily waives all benefit of homestead and exemptio~ u~d~r 1M conatitvtion ~~d laws of exh S~ate of tM U~ited Suus, as aQamst this obl~gation a+ny exeens~on w ronewsl hereof. Wnne:s tha t.arx~ ~nd iea~ of cach party. Sl`T~lO1Ld S C . LOC~ _ (SEAU ~ ~ (SEAU sh ynn s. 4ocke cs~?u ~ t_. >~O • ~O ? Sts» R~venw ~ 20 000 00 NOW, THEREFORE, the MORTGAGOR fw the purpose of secv~irg payment oi said sum of S ~ ' and tM perfo?m~nc~ oi th~ co~enants and s~r~emenrs FKreinafter expressed. and fw d~ven 9ood and val~abl~ cons;dent~ons, by thes~ presents. does prant, b~r9ain, setl, rsm;ss, re;eau. con.r~~ and confirm unfo the MORTGAGEE, iq wccessors and +u~yna. •tl tMt certain lot. pieu a parcel of iMd, sitwte, lyinp. and b~itg in th~ ~o„~~y ~ St. Lucie ~nd Sut~ of Florida, described ai follows: Lot 3, Block 7 of Lakerroocl Park, Unit 1 as recorded in Plat Book 10~ page S1 of the Public Records of St. Lucie County, Florida, RECFJyEp ~ C' t~ P~~ INi~,4CIBLE ~ T1Uf~ 0 CEUtPi~R 2012l. AC1~H~ P~~EVry, ROG~R P'UI?!', ;S. C~erlc ~ 1911. Grcuit Court ~ llgent tor Cql;I~t N. ~ ~ G~ie Cour:ty Tax ~OWLES~ IR . . Colfec~r ~ . . • ~ U F-2 I U A 1lG~ A TA~1P 7~?X ~ ~vur~ c~ W S'!" A'fi' t ~ r r~- c~ R 1 U - _ DOCUME[vTA„~ ~g;A~lP TN X 2 5 8 0~ a Z - ' ~ - ~ U ~ ~ 4 2 0 = ~ {p bt+i.lf ![MER1~ _^A,. ~ p~.1~0112 ~ ~ ~ a . ~ tog~ther w~~h all ~nd ur+~ula~ th~ t~rwn~n», her~ditun~nb and appwtanc~s tMrwnto b~lonpirq a in anywi~e app~rtainirp t1+N~w. ~nd ~11 ~wM~, M~UM ~ p•oc~eds and pof~» xauiny and to mrw from s~id prtm~s~s, all of which art inchrd~d in tM ~bow and forpoinp dMCriptian a+d 1+~b~~w~ ~ TO HAVE ANO TO HOID tM ~bove de~cribed a++d q?~nted premiw~ umo rh~ s~id MORTGAGEE, ib succ~saas and a~sipnt forev«. Md th~ wid MORTGAGOR iw t he 1 Z---- ~~rs. ~=K~+or~. ~dn,inlsrr~ron ~nd uipm, Mr~by coven~nh with tM uid JNORTGAGEE. lb wcc~s~w~ wid ~wiprw, ~ ,h., t he~ a re _ a,~~~h u~:ed o/ ti» ~a~d p.~m~ses in a;mplr, th~t tM ~arn~ ~re frM, cba~ ~+d d'ischarp~d iran afl Iw~a end ~ncvn? v b..nces in t.w a i++ puiry, u~d rM~ they M,;~~ ~ their M,~,~N,t «+d d~f~nd rM titl~ a th~ s~ a tM wW 4 MORTGAGEE, in successon ~nd aaa.pru, for~ver p+inft tfw lawful cl~ims and demandi of all perw~t; PROVIDED. ALWAYS tMt if rM MORTGAGOR shall pay u+~to th~ MORTGAGEE tM ptomisto/y rw~~ hN~i~b~fon de~cribed ard sM~l hulY. pro~nptly ~nd fufly periwm. d.uMrp~. ~s~cva. comple~~. ca^Ply wirh ~nd ~bide by ~xh ~r+d ewry tM srip~latioru. +~rsNrrn», cond~swrr snd cov~rwnt~ of Nid Prom~sswy nor~ and of thK Mw~gaq~, thsr? rhis Morty~ye and rtw Es~n~ h~rtby v~~hd shal~ csa~e w+d b~ ~+ull ~nd wid. 11 IS UNDERSTOOO tMt tFw wad "Mort9pw" whetMr ie+ tht iinqul~r w ptural anywMr~ in NNS Mafpeq~. aM1I b~ sinpular if on~ only a~+d .hall b~ plwal joemlr and NvHally if mor~ tnan on~, and that tM word "t!»i+" ~s wed ~nywher~ in th~ Mwtppt shall be teke~+ to mean •'ha,•• °Fw~s,•• «'"in," whe~sver tM conteRt so implies or admisi. Al~o, rh~f wherw~r fhere M ~ rtf~~e~c~ +n tM corena~n ~nd p...~n..+u M.s~n oontauwd ro.ny of `3 r1,~ pa?~ws Fw.NO. tM sam~ ~l+~H b~ ca+itn,ad ~o mean aa w~ll ~M I+~in. {pal nprwntative~, uxusso.a ~nd au~pro (eiti~ vduMary by ~ct o1 tM p~.t»s w inwtuntary by ope~+t~o~ 04 the Iaw) of the same and that tM cor~nants I+Ntin cwe~~lned ~h~ll bi~d ~nd tht b~nefin snd advsnbp~a inw~ = ro tM r~sp~ctiw h~~rs. I~yal repr~senut~ws, wccessws u~d au~pro of fM puties hersto. { - And ~aid IMo.tyagon, io• tl+emKlws and t1+eH hein. Ipal repress++qrivef. successw~ ~.~d ~uqni. FKreby jointl~ u~d Nv~.~lly covenant a~d prK ' ' ro and wi~h tM taid 1NORiGAGEE. ih ~ucceswrs ~nd atsqro: 1. to p~y all ~nd ~inpular tM principal and imereat and tM vuio~s and sundry w.ns of mw~rY paY+ble by v"atw of said promasory nore. ~nd fha = nw~tpsp~, each ~nd twry. pranpti~ on th~ d~y~ resp~ctirdy tM samt s~v~r~lty brcwn~ dw. - 2. To pay dt ~nd sinp~lM tM t~,ce~. +ss~ssmenn. b~ies, liabili~ies, obl'pations and encvmb~~nces of ~v~ry ~atw~ a~d kind now on ~aid dNCrib~d `y wop~~tY• a?ha~ her~aft~r may be ~mpowd, wHMeA. D~~ced. J~v~eA, o~ awss~d thsr~on, w th~t fwn~iter may b~ levNd w Ms~swd upon this Nb~tp- - a~. « the ir?d~bt~dness wcw~d he~~b~r. e~d? ~nd w~ry. wMn dw ~nd p~~abl~. ~ccordirg w law, b~fwe tMy becom~ d~lirpwrM. ~nd b~fon ~ny fnN~u~ : •+r~ches or •ny pee+alty if incu~red; AND INSOfAR AS ANY iMEREOF ~S Of RKORD THE SAA~E SHAII 8E PRON1PitY SAi15F1E~ AND oixw?~o OF - RECORO AN~ THE OR~GINiAt OifIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIVT OR iHE 5/1TISiACT10N iAPER OFFICIAIIY ENOORSED OR CERIIFIEO) SHAII bE PlACEO IN THE MANOS Of S~?~D MORTGAGEE WIiHIN TEN DAYS NEX? AfTER PAYMfNT; and ie+ tlw ~vent that «+y tMrwf a nof ~ a~~d. ~at sfied ar+d d~xharyed N:d MORTGAGEE m~y at any nme pay the ume a any parl thereof without w~ivirg a af(~dirq a~y option, liee. pvify w •,~hr u~der d by virtue of this ~*anqaye and the fvll an+w,nt of e~ch and wery such p~ymeM shall be ~mn~d~~tely dw and pay+ble ~nd ~hall b~u NItKHt +.om ~he d~tt +hereof u~rGl pa~d ~t ~ate of mne pe~ cen~~m pt. •~num ~nd royethe+ w~rh such im~~~st shall b~ secured by rh~ litn d th:• maytap~. ao~~9~ ~ ~94 - - - .~u~