HomeMy WebLinkAbout1990 221834
THIS INDENTURE, N4da tha 7th day of January A.D. 19J.~ . betwesn
Solonon L. Aolland and 7vonne Aolland. his Mife _
of Lucie C~~~y Flo~;d~, herein~ftM designa~ed as tM "MORiGAGOR," and FIRST FEDERAt SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, a co?poration w~a~i:ed ~nd e:~t~iny under the Isvas of tM Un~ted S~at~s of Arn~riu ~~d Mvirg iri p~incipal plac~e of
business i~ tM City oi Fwt Piuc~. St. Luca County. Florida, he~einah~r d~s~p~~~ed u tl» "MORiGAGEE:'
WHEREAS 1M MORTGAGOR is justty ind~b!ed to the MORTGAGEE i~ tha sum of = ~ 8~~~•~ pood +nd I+wful money of the Un~ted
S~ares advanced by the MORTGAGEE umo ths MORTGAGOR, ~s evidenced by a cena~n promissory note of even date herew~th, of which the fo!lowin~ in
worda +nd figures is a trw copy, to-vrit:
_ ~ a.lioo. oo ~ s~47
F,,, P~,~. Fb,;a.. January 7 w_32
Fo~ vat~,e ~cceived, 1, we or rither of us, prom~se to p~y, w•ithout defalcar~on, to thc order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fbr~da, ~he sum oi S ~~i~~•~ w~th inferesr from date at ~F~e rate of 8•~ % pa annum, in monthly irutsl4
~enrs as foI!ows: S on the ~ gt day of ~~h 19_L ind s I~ke sum on the cwrespond~ry d~y of each mo~th there-
rtrer until the whole be fvtly ps~d.
Each installment first sMll be appl~ed in payment of the inrrrest ~nd rhen on the unpsid balance oi the p?inc~p+l sum. If d~uh a rt+sde in 1M
;.aYmem of a~y installment when due, and such default conrinucs 30 days, then at the opt~on of ~he holder, and without any other notice, ~II tF+e remaininp
~:~sfsllments sha{I be due and payable at once. Privile~~ is yiver. to p?epay this note in whols w in part at any time without penalty. Neithqe? forebearance,
~o. acceptance by the holde. thcreof afte? any default in any paymcnta hcrcon, shatl be dermed extcnsion. A late paymeM cMrye of S r•70 sh+~~ be
added to each insteliment ~emeining unpa~d 7 days after its due date, and a like sum thall be added b each such insUllment remaininy unp~id 7 days ~her
each sutceediny payment date.
Each maker, surety and enduser he~eot, jo~ntly snd severally, waives demand, prcuntm~nt protest and notice of protcst fo? nonpayment, and fwther
a~rees to any eztensan of time of paymem, e~ther beforo a ahe~ marurity, wirhout notrce to any of us; a~ to pay all costt of mllection, inclvdlnp a
.~asanable attorney's fee in tFx event of any deiault F+ercunder, and hereby severally waives alI benefit of homestcad and eaemption u~der the cwutitution
a~d laws of escfi S~ate of the United States, as against th:s obl~gation or any extension or renewal Fureof.
W~tncss the hand and tcal of esck party.
s/ Solanon L. Aolland ~q
cs~?u
4 2vc~~ne Aolla*~ - ~
j ~?.6~ ) State Revenue ~
;S~arnp?wnaeil~ wr vwpir+aM- nole)
NO'JV, THfREFORf, the MORTGAGOR fw the purpose of securing p~ymenl of sa~d sum of = ~ 8~~~~~ and N~e pe?fwmi~ce of tF~
covenants a~+d ~reemenb hereinafter e:pressed, and fw d~vers pood snd v~luable conside~ations, by these present~, does 9rent, bar~ai~, sell, rem~se,
release, convey and confirm unto the MORTGAGfE, iri succeuors and ~uigns, ell that tertain tot, piece or parcel of Iand, situate, lyin~, ~nd beinp in ttK
Cowry of St. L~eie State of Fbrida, dewibed as follows:
Lot 11, Block 30, SONLAND GARDENS, as per plat thereof recorded
in Plat Book 8, page 32s of the Public Records of St. Lucie
~
; County, Florida ~
~
~
~
~
~ R~~ ~a
° IN ?Al'l~
~
~ ~ s~r~r~ r~ur~~ua ~~T~~~?~,~,~P~P~~~
~ ~ 2 COCi1!~E:'vi~~:
~ S7fai_tP T: X R~,
C~ )1-131,
- ~ - ~ror,~~ Po1r ~cts oF i9~i.
= ~ = J8M20'12 r'~'.T _ uut Cuwt, S~, ~ Co. F7a
3 ~ U = 3 • •~=2160=
N U=~'T.CF lfffltBf ' : • _
~ P.~.140i1L ~ _
e
~
~
~
~
~
rogether with all ~nd sinyul~r tM tenements, hereditsments ~nd ~ppurt+nces tlrore~MO belwgirg a in u~ywiae appert+inirg tFieteto. ~nd ~II r~nri, ha?p,
~ proceeds and prof;is ~ccruing ~~d to acaue from s+id premises, all of whi~ ~re inckrded in the ~bov~ u+d for~poinp deuription ~nd h+b~ndw+4
~ TO HAVE AND TO HOW the ~bove deu?ibed ard yranted prer.+ises unto the uid MORTGAGEE, its suoussws ~+d ass~pro foreva• Md tM ~id
MORTGAGOR for - ~S~ hein, exec~ton, ~dmin~strators and auiyro, hereby cown~nn with tF+e said MORTC'sAGEE, its woo~swn a+d ~ssiprr.
~ +hat t'~y a~ lawfully se~zed of th~ aid premises i~ fee simple: that the r+rn~ sre fr~e, clear and d'achuy~d fran ~11 Uaris and ~ncun~
~ brences in I~w o~ in equity, and tM~- will ~nd their hsin shall warr~nt ~nd defead t}~ titk to th~ same to th~ aaid
MORTGAGEE, its successws and aasiyin, fwever ay+irat ths I~wful claims ~nd demands of •II perwns;
PROVIDEO, ALWAYS that if the A110RTGAGOR sh~ll psy unto the MORTGAGfE the pranistory nWe hertinbefon describ~d and shall trufy, proepfly
~s~o
and fully pe~fwm, d~K1++rge, execute, comptete, comp~y with and abide by e~ch ~nd every the stipulationa, ayreert?enri, conditions ~nd coven~MS d uid
= promissOty rate and of this Nbrt9ape, then this Mo.tys9e snd the Estste hereby aated shsll ce~s~ and be nult and void.
IT IS UNDERSTOOD that the word "Mo~ty~or" whether in the sinpulu w p{w~l ~nywhere in this MortyaQt, shall bf sinpul~r if on~ only and
shall be plural jointly a~d severalty if mwe fh~n one. ~nd thst the wad "their" ~s used ~~ywhert in this Mortyay~ sh~ll be taken to rn~an '1us." "hen;'
" or "in; ' wherevet the tontsxt so implies or admin. Also, th~t wherever there is • refaente in tM coven~nts and apreemenfs hsrein oont~irnd to a+y of
- rhe Ranies hercto, the s~me sMli be construed to mean u well n the hein, tpsl representatives, successas and assgro (either volw+bry by act of tFr
- partles or involuntary by operation of the law) of the same and that the coven~ntt herein contained sh+ll bind u?d iF» bensfits and advantapes irnx~
- ro the respective hein, lepal representatives, succeuors ~nd au~ro of the p+rties hueto. ~
Md said Mortg~yors, fa themselves ~nd their heirs, lepal rep~eser~tatives, suaesson ~nd +ssigro, hcreby jointly ud aevsr~ltr covenaM and apr~e
ro and with the aid MORTGAGfE, its successon and ~ssigns:
1. To pay all and sirgvlu the principal ~nd interest and the variovs ~nd wrdry wms of moneY paYab.'e by virtut of said promisswy noM, ud N~s
mortp~pe, esch ~nd every, promptly on the days retpectively ths same sever~lly becom¢ dw.
2. To pay all and sinpulu t~e taxes. ~sseasmen», levies, liabiliues, oblig+fam +~d encumbr~nces of every natw~ ud kk~d now on s+id d~wib~d
P~opertY, w th~t here~fte~ m~y b* imposed, suffered, plated, levied, a~~tessed the+eon, or tMt here~h~r may b~ kvi~d a afessad ~Pon N+it MortQ" ~
" age, o~ ths indebtedness securcd hereby, each and every. when due and pay~bk. ~ccord~r+9 w law, b~fwe they becorrw d~linqwM, and befw~ a~y Metwast
atraches a any pe~alty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII dE PROMPTIY SATISf1ED AND DISCHARGEt1 OF
S` RFCORU AND THE ORIGtNAI OFFICUL DOCUMENT (SUCH A5, FOR INStANCE, THE TAX RECEIYT OR THE SATISFAGTION PAPER OFFICIALLY ENDORSE~ ~
OR CERTIftED) SHAII 6E PUCED IN THE HANDS OP SA1D MORTGACsEE WITHIN 1EN OAYS NEXT AFTER PAYMENT; and in the ewnt tMt any tht~~aof it rw1 '
paid, sat sfied and dixharfled se:d MORTGAGEE may at •ny time p+y the ssme or +ny pan thereof withovt w~irinp ot •ffettinp any option, I~en, pvity a ~
~ •~~ht unde? w by virtue of th~s mortgpe ~nd the fvll amoant of each and every such payment shal{ be immediately dw ~nd psyable and shall b~er inte.est
~.om the date thereof until pa~d at r~te of n~ne per centum per •n~um •nd toyethe~ w~th such interest shall be secwed by fhe lien ot th:s rtwrytpe.
s~~K1g8 P.,~~1987' ~1+~y~
~ _ _ r~