HomeMy WebLinkAbout2720 2203f `7 ;z18~89 ~ ~
THIS INDENTURE. Nll~d~ th~ ~ 2th d~y pf ~O~~r • t• 1 A,D. 19 bANt~n
- Vir~nia C. Rlce~ a~~ls ad ~ ~
of - ~r• I+11C~0 ' , Covnfy ilorida, h~rtinaffp dtiipnat~d ~s ~M "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN
ASSpC1AT10N Oi FORT PIERCE, a oapaation orpani~d and sx3srr~ vrxla~ tht lavr~ of t11e Un+rrd ~a~q of l4neric~ ~nd havinp ita Qrincip~l pbc~ 01
busir~u in tM Ciy of fwt PiKU. St. luci~ Co~nry. flaida, Mrtin~i~N desiqn~td ~a tlN "A10RTGAGEE." 1
WHfRfAS th~ MORTGAGWt a jwtfy i~debt~d to t!r MpRTGAGEE in tM wm of = ~ ~~9~•~ yood and I~wiul mon~y of tF+e Un~ted ~
Sratrs advanc~d by tM MORTGAGEE unto th~ MORiGAGOR, ~s evidenced by • certaie promysory nolt of sve~ d~t~ her~witl~, of whith th~ followinp in
words ~nd fiqury is • 1~w topy. towit:
s 11, 900. 00 -1 6 1
~
Fwr Pie.ce. F~o.id+. NOVaalber 19
For value recsived, 1, we or ~itM? of us, prom~se to p~y, without d~f~tcation, fo ~he order of FIRST FEDERAI SAVINGS ANp IOAN ASSOCIATION Of
FORT PIERCE at Fort Pierc~, flwid~, the sum of : ~ ~+9~•~ with interest irom date at tM rat~ of 7•7 pe? ~nnum, in monthly iM~alb
ments as followa: = 98•~ on t?w ~ Sti day of Jan~=7? ~ 14 72 and a I;k~ sum oo tM carcsp«?d~rq day of each month the~r
efter vntit the who1~ be fully paid.
Each insullmtnt firit ~hall be ~pptied in payment of tlu interett ~nd then o~ the unpa~d bslance of fhs princ~pal sum. If d auh is m+d~ in tM
F:ayment of any insqllmant ~rhe~ dw, a~d such defa~tt co~tinue~ 3p days, then N tM optia+ of the hotder, snd withovt any other notica, a~l tfie r~msi~inp
~ ~nstdlmenfs tMll bs dw snd payabl~ at once. Privil~y~ is piv~n ro pr~paY tha not~ in whof~ or i~ pan ~t any t~me w~thout per~alty. Ns~1t_her for~bsara~xs,
~ nor acc~ptar~ by the holdar thsr~of sfter ~~y defsutt (n ~~Y paymenh M~son. sAall be deemed exte~sion. A late payment cMr~ of ~ 4•~
- sh~ll b~ ~
added ro each installment remainin9 unpaid 7 days afte~ in dw dat~, a~d • like aum ahall be added to each such inatallrn~nt rsmaininq w~p~id ~ days ahK ~
~ each tuctlediny paYmeM dafe.
~ Each maker. surety ~nd endor~ hersof, joinlly and sev~rafly, waives dema~d, presentment p?otest and ratice of pratesl far rwnpaymenf, and fvrther
agreei ro any ex?ensia~ of time of paym~nt, either before w after maturity, withov~ ~e*:ce *o ~,r+y of u~; and to oav all coats of coHectioo, inclvd~rg a
~ reasonabte attorney's fee in the eve~l of ~ny defauh hereunde?, ~nd hereby severalty waives all benefit of homestead and exemption under tM tputit~tart
~ a~~d lauvi of each Sute of the tl~ited States, as ayuntr thi: obliyation o~ any ~xten~ion p renewd he~eof.
W~tneu tha hand and sea! of aach party.
s/ Virginia C. Rice, a aingle ad~,~
.
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. cs~?u
' s i~ ~ ~
; St 7. 85 ~ s~.f. a.,,.~,~. ' r es~w
(s~.~ ~ -
~ 11 00 00
~ NOW, tHEREfORE, tM NkORTGAGOR fo~ the p~rpos~ of securing p~ymtnt of ~ald wrn 1f i f 9 •
•nd the pe~form~nc~ of tM
covenann and ~r.emenn I+e.~inafrer ~:preued. ~ne! fw diveri ~ood a~d vstwbt~ coniide~stior?s, by tl~ese presenq, doea ~r+nt, bar~ain, sell, rem;s~,
release, conwy ~nd confirm w~to tM MpRTGAGEE, ib succeuors u~d ~uiyns, all tha~ cerui~ lot, piec~ or parcel of I~nd, sitwte, lyinp, and b~ing in tlie
Covnty oi `St. ~+llCi@ and Stat~ of Flotida, dewib~d ~s follows:
AparLment $-I-20l~, oP Colonnades Condaainium~s No. 3, a condasiinimy
according to the Declaration of CandoAinima, recorded in 0. R. Book
being rerecorded in O. R. Book 195, page 1655,
193, paBe 2596,/oP the Pnblic Aacords oi St. Lncie Coua~ty, Florida,
~ i~tl?A aIl of its appurtenances according to said Declaration.
~c~v s r2 rn ~?:~+ar oF Tuc~s
DUE ON C1ASS 'C INTANG18LE ?E0.~'NAl P.'2~EQiY,
of ~ L O R~~ A Pu~.swunr io cwwrfa zont. nc.
s of is~i.
w OOCUMEN A°~,~„
Sj~'M-'~ ROGCR POITRAS, Ckr1t Cittuit Ct+urt
~ z = ~ = as l~ent tor OAtNEI M. KMQWLfS, 1R
~ _ ~ ~T1 - - t ~ ~ a 5 = St tucie f,aurh Tax Cellector
o • - .
r e~ ~n.~ ec~cxuc ~r----'
v' p8,~qo~u ~ - ~
DEPUtY p~1lII
This instzument h:s been rerecorded in order to correct legal description.
to~ttl+er with •11 a~d sinyubr th~ tNxenN+ts. Mrst~itamN+b and appuru~ces thKaunto belorgirg or in a~ywas app~rtaininp ti~No, and ~11 rent~,, bsws.
procesdt u+d profits aca~inp and to accrw from s~id pnmis~s. ~II of whicl~ an incl~rd~d in th~ abov~ ~nd forpoirg d~sviption and h+be~dun?.
TO HAVE AND TO ~the ~bw~ desvibed ~e+d pr~ted premaes unto th~ said MpRTGAGEE, ib wcc~tson ~nd ~ssiprn fortwr. /iu~d Ny qW
NtORTGAGOR fw •'°r h~in, ~xacwon, ~dmi~urraton and •ugro, hareby cown~nn with the sad MORTGAGEE, in woua~on u~d ~ssi~,
ihar a~18 ~3 lawfully s~iud of th~ s+id p.~.nis~a in fM simpf~; tFMt the ~am~ an frs~, cku a~d discha?psd kao ~tt (iNa a~d N+nww~
b.a+xes in bw a in s4uitY, and tha± a~16 will u+d ~1@T
Min sh~ll warr~nt and d~4~nd the titl~ 1o th~ wenf ta th~ aid
MORiGAGfE, its tucceswn and augm, fawer apairut tFw larvful dsima and demands of all paspus
PROYIDED. A1wAYS that if fF,~ MpRTGAGOR shall p~y unto th~ /NORTGAGEE th~ promiuwy ~ot~ her~inb~fon d~sai!»d .nd ~tl m,ly, prwnptFy
and fullY Ferfwm, discharpe, execut~, comp{tt~, tomplY with and abidt by each ~nd ~very the itipulations,
promiuory not~ end of Ma Morryapf, rM~ rh+s Mon9ape and rFre Ea~ate he.eby awted sh~ll ce~ and ~ 11 ~nd~vod~i~~ ~°~'~n of ~aid
IT !S UNOERSTOOD tirf the wad "Mortpapor•' M,h~tlwr in thc drgular or plw+l anywh~n in this Matpp~, ~hall b~ sinyulu if on~ orJy ~nd
shall b~ plwal jointly ~nd wv~rally if mon th~n oe», and that tM word "tirir" ~s uwd anywl?ere tn this µwyap~ st?~II b~ bk~n to m~an "his,,• "Fwn••
or "its." wherewr tM cont~xt so implip a admits. Aiw, N,ar wFKrev.r rhers ts •.ef.reoo. in rAe covena~n +,+d .pr.emenn h.rein oom~fnsd ro ury of
fh~ panin h~rsto. tM s~ ahall b~ oorotrued to me~n a w~ll ~s tFw h~in. {~9a1 rapnae~tatiws, wousson uid usi~ro (either volwnuy by ~ct of th~
partiea a involuntary by oper~tion of th~ law) of tM ta~ne x~d that tFM caven+nts her~in coM~ined ~hall bi~d and ths b~nefib and ~dv~ntapes inw~
ro ths resp~ctwt F~ein, {pal spr~sa?tativ~s iuous~ors ~nd ~svpru of the part;~s hueto.
Md said Mortp~pors, fw tFiems~lvea u+d tMir Fwin, Ip~l reprs~sntativss, s~+ccea~o~s and assipro, hereby idntFy and seve~ally cov~nam ~nd pr~
ro and wnh th~ said MORTGAGEE, i1s wtceason ~nd asaip~a: .
1. To p+y all and ainp~lar th~ printipal and im~r~st and tM vuiwn and sw?dry swna of mon~y p~Y~ble by virtw of ssid promisw~Y nofe. ~nd this
mwt~+w• e,ch .nd ewnr, w~w~N w~ t?i. dm ?•sp«tiv.~y th. we. .w..N~y b.come du..
2. To p~y dt ~rd sirgulr th~ tax~s, aswssnwnts, Iwin, liabilities, obliy~tioen and ~neymbrae+~s of ew~y ryt~r~ ~nd kind n~ p~
P~~tY. W f~Mf ~M/NffM nMy ~ i11~pW~, fVf}N~. ~K~. ~f1/ild. O~ aWlN{~ tf1lf~Ofy O? t~M~ ~1ffNftlf ~1Ny ~(lvNf~ Of Nipi~ {IpOf1 ~Ofl~
+y~. or fiM indfbt~dne~s Mcw~d I~~by. ~acA ~t~d ~vrry. WIMn dw and paylW~r, attpdMp b Itw. b~fort Nwy blconw delinquMf. and b~lw~ N~y irMMMt
+n+ches a~rryr penalty is incurred; AN~ INSOFAR AS ANY THEREOf IS OF RKORO TME SAME SHALL dE PROMPTIY SATISfIEp AND OISCHARCsEp OF
RE~ORD ANp THE ORIGINAI OffICIAI DOCUMENT (SIKH AS, fOR INSTAlVCE, THE TAX RKftPt OR TFtE SATtSFACTIQN Y/1PER OFflCIALIY fND~OdtSEp
OR CERTIFIED) SFIALL 6E PIACED IK TME NANDS OF 5A10 MORTGAGEE WITHIN TEN DAYS NEXT AFiER VAYMENT; and ~ th~ ewm that ~ny t}nr~of is eat
paid, sat~sfied u+d discharped ia:d MORTGAGEE may at any time pay tM s~rne w~~ry part thereof witho~t waivieg a affectiig any option, lien, puity or
•~phf under w by virrw o( this morfya~e and the full emovnt of each ~nd w~ry wch paymenT shaU be irrwnediatdy dw ~lid paysbl~ ud ~hall bw iMN~st
~.om th~ date thsrwf ~~til paid at r~te oi n+nt p~ ~nt ~num f w~th wch inttrp~F~ll by the .s mwqtap~-
800K ~ PACE ? g~K ~~~E
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