HomeMy WebLinkAbout2718 ~2~Q366 8~2
21 ~
~ . . A.D. 19 71 ba~ween
THIS lNDENTURE, , Zand y of ~CtObfY
A. ay~or an Ya~ko ray or, h s w f~
St . uC •
of Counfy Fbrida, haeinaftN dssig~s,~ed +s 1ha "MORTGAC-OR." u+d FtRST FEDERAt SAVINGS AND IOAN
ASSOCU?ION OF fORT PIERCE, ~ oo?pw~tion wyanu~d ~nd ~:uiinp unda tM ~v+~ d tha.Unit~d Su~~s of America +nd Mvir?p +n p?~nup~~ p~~c~ of
busirnu in tFw City of Fwt Piau. St. luw Couny, Florid~. Mrtin~ftw deig~ated u 1M "MOR7CA686.••
1~ ?ObibO
WHEREAS the MORTGAGOR is justly ind~bt~d w ths MORTGAGEE in th~ sum oi ~ ~ good and lawful monsy of ~he Un~ted
Stat~f ~dwnted by the MORTG.4GEE umo the MORTGAGOR, ~s evidcnted by • cwtaia promisiwy not~ of even date herewnh, of wh~ch tM following i~
wads ~nd fipurp is a trw copY, to-wit: .
3~Z7~S~
= 14,'700.00 p~t~t 22. ~ ~971
' Fort Pis~u. Florida.
Fp value receivcd, 1, we w either of us, prom~se to y, withoul defalcat~on, to the order of ftRST FEDERAI SAVING5S AND IOAN AS.SOCIATION OF
FORT PIERCE af Fort Pierca, Fbrida, the sum of S 14~7~~~ w~th in~erest from date at the rate of 7~7?e per annum, in monthly irutall-
menri as foilows: j 121 on the ist d~y of .~19 71 and a like sum on the correspond;r~y day of each month the~r
efter until the whok be fully paid.
Euh inst~llme~t first shall bt appl~ed in paymtnt of tFK interest and nc~n on th+ unpaid ba~ante of the princ~pal sum. If d autt is msd~ in the
Hayment of ~ny installment when d~x, and wch dafault cont:nues 30 days, then ~t the option of the holdcr, and without a~y other not~ce, ail the remaining
~ns~allments sMll be due and payabie at once. Priviley~ is yiven fo prepaY tha note in whe!w w i^ p+rt at u~y t~me without peruky. Neither foreb~a+a~+ce.
nor ~cceptance by the ho}der thereof sfter any defautt in any paymenn hereon, shall b~ deemed extcnaion. A I+fe payma+t chsrge of S 6~~g sh+~~ be
edded ~o each instaliment remain~ng unpa~d 7 days after in due date, and • liice wm shall be addad ~o each ~vch insrsllment remaining unpaid 7 d~yt after
exh succeedinp paYment dare.
! Each maker, suraty and endwser hereoi, jointly and uver~tty, w~ives oemand, p.eumment protest snd no+~ce of pro~est fw nonpaYmenL u+d furth~*
` eg.ees ro sny extensan of tim~ of payment, either betore a aftcr matunty, without nonce to sny of ~s; and to pay all costs of celkcdlon, includ~ng a
~ reasonable sttorney's fee in the evenf of any default hereunder, and hereby severally waivcs all benefit of homesicad and ezemption un..aet !he constitution
` a~d iavrs of each Sute oi the United States, ss ag~imt this obt~flatioo w any extcnsian a renewal hereof.
- Witness the har~d +~d ssal of exh party.
~ s/ williaa A. ?aylor ~Au
~ ~ cs~?u
- s Yaeko ?aylor ~u
~ 22 .OS ~
- ~ .
NOW, THEREfORE, 1he MORTGAGOR fo~ the purpose of secv~in~ payr+~ent of said sum of i 14~7~'~ +~+d t~ P~Q*^^+^~ af tM
~ covaanb ~nd prsemenn F?e~einafter eYpressed. ~nd fw d;vcrs pood ar?d v~lwbl~ cons~der~t~wu, by thes~ preunts. does gram, ba~yain, sell, rem;se,
retease, convey ~nd tonfirm unto the N{ORTGAGEE, its ~ucsesson and aui9na, +11 that certain bt, pieu or parcel of i~nd, sitwte, iyirg, snd beiny in fhs
~ County of St• I'UCif and State of Fbrid~, dcsvibed ~s followa:
Apartaent fi- I- 206 ~ ot C~NADES CQ1DoMINIUt~S No. 3, a condominium,
according to the Declaration of Concbsinium, recorded in O. R. Book 193,
being rerecorded in O. R. Book 195, page 1655,
page 2596~/c~f the Publiuc Recards ot St. LnciQ County~ Florida, ?OC~?HBR
~
hiTH all of its appurtenances according to said DQClaration, ~
i ~
r
~
3
6
~
_ ~ G.
~ ~Q~1lIT11l161BLF PER50N~L ?ROPEit~
' c+Wra ~on~, ecrs aF iu~.
r W S`fA~~ r LC~R~ua?
; v~ :OCtJNcN 7A S SA iv, P 7!• X ROG:R POiTRA$, pfrh ~Yi7 ODUtt
~ J ~ = wor- s~i ~ - _ ~ ~ ~r DMllfl N. KNOIMIf~ 1R
` ~ U u[iT.Of tEKE. 5f~' ±,r z+~ ~ U J _ ~ ~.OCIC ~y ~u ~~f
~ P.B.wo~~: ~ '
~ - - <
~
~ _ _ DEPUIY ~K
~
~
~ This ins.r~ent has been r~recorded in ~~rder to c~rrect lecal description.
~
rogethM with all and sirqulsr the terwnenn, heraditamenb and appuh~ncea thereumo bclonpinp a in u+Yw~ ~PPK~aininp tlwrea, snd dl ?~rih, iuves,
~ proc~eds and pofits ~cuuirg and to acuue from said prcmises. ~II of which are inckrd~d in the abov* a+d forpany description snd haben~rn.
=J TO HAVE AND TO MOI~ the ~bovt d~wib~d ~nd ~u?ted prani~es umo tht said MORTGAGEE, it~ waeuon and +ssipru fw~w?. Md th~ s+~d
their
~3 MpRTC~I~GOR fp heira. ~:acuton, adrr~inistr~ton ~nd ~uipns. 1~r~by cown+nri with th~ said MORTGI4GEE, i1f wtt~uors ~nd a~siytM.
~ Z1fQjI aZ6 Iawfully seized of the ~.~d p?em~ws in f~e ~imple: that tM sam~ u~ free, cl~u and d'ucF~+ry~d fran all liens a~d ~ncwo-
~
branoes in !aw w in puity. ~rd that thejC will ~r+d thlir he+n ~h+ll wursnt ~nd defend t}r titb w the same to tht s~id
' lV~ORTGAGfE, it~ successors u+d assi9ns. fwever y~inst ti» lawful claimt a~d d~m~nds of all perw%
- PROVtDED. A1wAYS th~t if tht MORiGwGOR sha11 pay vnro the AIIORTCsAGEE tM pran~tswy ~w?~ hereinbefon dtscribad and shall truly, promptlr
snd fuliy perform, d~pe, ex~cvt~, compkt~. compl~ wirh snd ab~de by each and every the stiputst~oro, apra~ts, w~ditioro u+d oovenr+ts d said
_ prom~sswy not~ and of thia Mortyape. th~n tFus Mwt9sp~ and tM Estate h~rtby vat~d shaN cus~ and be null ~nd void.
IT IS UNDERSTOOD that tFw wwd "Mwty~por" whether in tht sirqut~r a plural ~nyvrher~ in this Mwlps~t, shall be sinpular if one only ud
sF»If be plw~! jointly +nd ~rw+ally if mor~ th~+ on~. ~rd thaf th~ word "t heir" as wed ~nywh~re in this Allonpap~ ~h+ll be taken to me~n ••hh,•• ••hen
~ w'ih.° whKwa tl» context w implies w ~dmits. Alao. 1Mt wherever the+~ i~ • ref~renu in ~h. coye~.nn and aq.ae~~n hereM cooa~,.d ro.ny of
a~ rhe pvties tweto, the sam~ si»II b~ co~snued w mean ~s vwll as N» hein. Ip~l ~presenratives, sucusson and ~sipns (sither volunt~ry by act of th~
p~rtia w a~voluntary by ope~ation o4 tht law) of the aame ~nd thit the covenann her~in contained sMll bind snd the benefi» and dvantp~s irwr~
to ths rsspwiw h~in. lp+l repres~ntatiws, svccessws and ssrpro of tM parties Mreto.
= Md uid AAorspayors, fa tMmselvea ~nd thei? Min, leyal repres~ntafives, suaesson and wipro, hereby jointly ~nd s~va~{ly coverwnt ~nd apr~e
- to and with the wid N10itTGAGEE, its succeswn and aupro:
1. To p+y all ~nd sinpular th~ p?incipal and imKest and tht vKian ~nd sundry sums of money paYable by virtw oi ~aid promisswy nots, and thb
mort9ap~, wch and ewry. WomPt1Y on the d~ya ~~sp~et~rtly th~ s~ne s~wr~lly becorn~ due.
2. To pay ~II and anpvla the taxes, aswssrr~+ts. Iwies. Iiabilrtia, obli~tions snd ~ncun~~nces of ev~ry n~tw~ and kind rww on s~id d~av~d
w~Y• a that htre~ftN may be iinpos~d, svffe~~d. P~~dd. Iwid, a~a~essad t1+er~o~, a th~t her~aher en~y bt kvNd a ~t~essad epon this AAat¢
or tht ind~badness s~cured he~~bY. ~acfi and evsry, wMn d~+e and p+y~bts, aaordiny to law. befwe ther b~tome delinquent, ~nd b~fw~ w~y Int~r~st
att~cMs p~ny penaMy is incwred; AND INSOfAR AS ANY THEREOF IS OF RKQRD THE SAME SHALL bE PROMPTLY SATISFIEO AND D~SCHARGED OF
!~::ti RECOitD AND THE ORIGINAL OFfIC1Al DOCUAAENT (SUCH A5, FOR INSTANCE, THf TAX RKEIPT OR THE SATISFACTION PMER OFfICIAIIY ENDORSED
rz=, OR CERTIFIED) ~ U SE PLACED IN THE MANDS Of SAID MORTGAGEE WIiHIN TEN OAYS NEXT AfTER PAYMENT; snd in tF+e ~vtnt thr ~rry thereof h not
p~id, sa~'sfied and disch~r9ed sa:d MORTGAGEE may ~t ~ny t~me pay ths s~me a a~y p+n thereof witFwut waivirg or ~ffecr~rg ae?y optan. 1ien, puit/ or
•~pM ~nder o~ by virtue of this mo+tyape and the full ~mo~nt o4 exh ~nd every such pxyrn~nt shall be immediately due a~d p~yabk ~nci shall be~r iMenst
~.om rhe dar~ thereof untii paid at rat o n tum ~nrwm •nd ~ e+hc. w~rh such ime. r sMll be secured by rF~e lien of rh:s morytape.
b ~«~.~F~~714 ~ e~oK ~96 Pa~E2723
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