HomeMy WebLinkAbout1992 221835
THIS INDENTURE. M+d~ the day of ~eCE'1"~'PT A.D. 19 ^ 1 be~ween
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a( c~ • "u~~E' Counfy Fiwida, ~?e~naftsr deaignated u the "MORTGAGOR," aod FIRST FEDERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, • rnrporation apanized ~nd ex~stinp undw ~h~ lawa of the Un~t~d St~t~s of Arn~rica and haviry its principal pl~c~ of ~
bus~rau fn th~ City of forf Pieru, St. luci~ County, florids, hereinafter des~ynatsd as tl+~ "MORTGAGEE:' '
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WHEREAS the MORTGAGOR is justly indebted ro the MORTGAGEE in the sum of S ~ , good and I~wful money of the Un:ted
S!arei +dvanced by the MQRTGAGEE umo the MORTGAGOR, as cv~dencad by a cena~n promiuay note of even d~te herewith, of which the foltowinp in ~
.:ords and fiyu~es is a true copy. to-wit: „ 3
s ~~,~n!,,;~n ~ 3-~,,~15 ~
Fwt Pierce, florida. ~~'ce:~ber f3 , 19~'.L. ~
, fw value received, 1, we or eitFur of us, p+om~u to pay, without defelcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of `
. w~th ~nterest from date at the rete of ^ ~Ie per annum, in momhly insull- ~
~ORT PlERCE at Fort Pierce, Florida, thc sum of S=~ r'~^ l^ j
~,enrs as follows: S 1 i 1. i~;^ on the 1 G` day of T`' r~~ . 19-'
^ snd a like sum on the correapondiny day of euh month therr ~
~ atrer until the whole be fully paid. ~
Each ~nstallment first shall be appfiad in paymem of the in~erest and thcn on the unpaid ba!ance of the princ;pa ~•s~m. If d auh ia msde in the i
,~;~nent of ~ny installment when due, and such default cont~nues 30 days, then at the opti~n of the holder, and w~thout any othe~ notice, all the remaininy
~ ~•,s+allmenrs shall be d„c and payable at once. Priv7l~e is yiven ro prepay this note in who~e w in part at any time without penslt~'- Neither forebear~~te, :
~ ~a- accepta~ce by the ho!de~ thereaf afier any default in any payments hereon, shall be dremed extension. A late paymeht charge of s~• S5 ahall be ~
~ ~ed to each instalfinent remaining u~pa~d 7 days afler in due date, and a bke sum shali be added to cach such instaliment remaininy uop+id 7 days ahe+ 3
3
rach succeed~ng paymem date. :
Each maker, surety and endwser he~eof, jointly and severally, waives demand, p~esentment protest and notice of protest for nanpayment, and fu~ther
aa~ees to any extens~on of time of payment, eithe~ before or afier maturity, without nofke to sny of us; and to pay all costs of cotlection, includ;ny a ~
-~~~sonabic attorney's fce in the event of any default hercunder, and hereby severally waives alt benefit of homes:ead snd eaemption u~der tht constitution
,~d law: of each State of the United States, as aya~nst this obGgation or ~ny extensioo w renewal hereof.
W~tnrss the hanc and ic~l of each party. . ~
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- ? ~ State Revenue
iE•rav~p~ Mw~tNsr ow otipins~woM}
NOW. THEREFORE, the MpRTGAGOR fw the purpose of secur~ng payment of uid sum of S 13 ~S . O~ and tF~e perFormance of tM
covenants and agreemenn hereinafter e~epretsed, and fw d~vers good snd valuable considerations, by these presents, does y?ant, baryain, sell, rcmiu,
r~•+ease, convey and confirm unto the MORTGAGEE, iri uxceuors and suigns, ell that certain bf, piece or parcel of lard, situate, lyinp, and beirg in the
~aunty of S~• ~uC and State of Fbrid~, described ss follows:
_~.~rtment \o. C-1-''~~ ~f ?he n`::..!':~:~~ES ~C\~~'1'::LT':S :J. i~_c~ordir.n the i
~~?~r~tic>! *,F ~~.,d~^::n~w~ recor3~d i^ C. t'. 3;~^': 18", P:~~e :':9, of :r,e Pu~:?c 1
~'E':'~TG~~ Of C!. ...;f':E~ l'^..:?z.'~ :~i'~ZiG~:•a :.c :.:.^.('^~P~ Z7)' t}'1~~ CE'f'.iI`7 _:]GtZi1Lle;lL
'.,'_r~d ~~:;~•er,:`._>er 3^, 19-~, ~-td r~cor.?ed in . S;,~h i:;~.', :~:~:e 1"'4k, uf :he
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te:~ .:ce~ :."~~~rdia- ti~ s: :d ~'e~~~ra~ion, . ,
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DOC~.:,. CLASS 'C IMTANGIB~£ PE~SONAL PROPERi~
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K rogether witfi ~If ~nd singul~~ the tenemtms, hereditamenn ~nd ~ppwt+~ces tF~era?MO belorgir~y w~^ a^1^wise appert~in7rg t}~sto, snd all ?enb, ysws, ~
,t: p•xeeds and profits ~cauing and to accrue from said premiaes, all of wFi~ch ue included 'm the sbove and fwspany d~saiption snd Mbendurn.
TO HAVE AND TO HOLQ the above deavibed ~nd yra~ted premisss umo the said lMORTGAGEE, iri wae~son and assipro fwevK. Md tM w~d
'u MORTGAGOR for t~~' r-- h~i~s, executon, ~dministrsto?s and •ssiyrn, hsreby covensnn with the s~id MORTGAGEE, its succes~ors ~nd ~ssipns.
ti,at t}
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E~ lawfully seized of the s~id p?emises in fet simple: that the s~me ~ro fret, ctear ~r+d diuMrped itom ~11 li~ro and ~+cwr?
orances in law or in ~quity, and that t~~S~ will and t he 1 T hein shsll wa~ra~t and defend tM titk to fM samt to the said
MORI6AGEE, its successors ~nd sugns, f«ever sq~irot the lawful ctaims and demands of all persons;
= PROVIDED, ALWAYS that if the MORTGAGOR sFytl pay uMO the MORTGAGEE the promiawrr note her~inbefwe deuribed ~nd shall trulY• promptly
and fully perfwm, discharye, eaecute, compkte, comply with and abide by each and erery the stipulatiens, preemenri, oonditiona ~nd cov~nanri of s~id
p.omissay note ~nd of this Nbrt~ape, then this Mortyage a~d the Estate hereby created sh~ll ceaae a~d be null a~d wid.
IT IS UNDERSTOOD tF?~t the word "Mortppor" whethe~ in the sirqula~ a plwel ~nywhere in this Mwty~pe, sMll b~ sinpulr if ont o~ly ~nd
shsil be plural jointly ~nd ssvar~lly if more than one. ~nd that the wad "their" as used mywhere in thia Mortp+Qe tMB b~ uk~n to m~an "his,•• ••hers:.
z~ w•,its:' whereve? the conte:t w implies or admits. Also, thN wherever there is a reft~s~nce in rhe co.~en.nn •nd .qr~emenn here~n oont•~n.d ~o ~ny ot
s rhe p~rties hereto, the same sh~ll be construed to me~n as well as the hein. Ipal rep~esentatives, succeswrs and assipro (eithe~ wlunt~ry by ~cf of Nr
partiea or involuntsry by operation of the law) of the same and that the covenann hcrein contained ihal! bird and the benefih ~nd ~dv~Mpes inwe
ro the respective hein, k9al ropresentatives, iucceuors ~nd au~y?n of tM partiea hereto.
- And said Matys9ws, fo. themxlves and their hein. le~~l representatives, successws and ~ssiy~s, hereby jointly and sewrally covarwnt snd ~r~e
~a and with the said MORTGACsEE, iri successon a~d assigrn:
- 1. To p~y ~11 snd sinpul~r the principal and interest ~nd the vario~s ~nd svndry surrK of morroY p+Y~bk by virtve of said promissory note. ~nd fhis
mortpape, each and every, pompt~y on the d~ys respectirely the same ser~rally become due. .
2. To pay •II ~nd sirgvla the taxes. ~ssessments, levies. Ii~biliries, obliyatiwu and encwnbrances of ewry n~?we ad kind now on s+id desc?ib~d
propsrty, w thet hare~he~ rrwy be imposed, suffered, ptsced, levied, w ~s~essed the.wn, w tFut here~fter m+y be kvi~d a nu~sed ~rpon this Mwtp~
age, a the indebtedrxss sacwsd hereby, ead~ and svery, when due snd p~y~ble. ~ccordinp to iaw, befwe they beca~» delinq~enL ~nd b~fw~ u?y im~res~
=~3 attathes w any penalty is inc~rrcd; AND INSOfAR AS ANY TMEREOf 1S OF RKORD THE SAME SHAtI bE PRON1PTlY SATISFIED AND DISCHARGEU Of
REtORD AND THE ORIGIhAI OFFICIAI DOCUAtiEN1 (5lKH A5, FOR INSTANCE, THE TAX RKEIPT OR TME SATISFACTION P/1PER OFFICULLY ENDORSED
- OR CERTIFIED) SMALL 6E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the eveM that ~ny thar~of i~ nw
' paid, s~::sfied +nd dixharged se'd MORTGAGEE may ~t sny t~me p~y the s~me w a~y p+~ the?eo4 wirhout waiving w affectir+g sny option, lien, equity w
•~~h+ under w by virtue of th;s mo.tpspe and the full amo„nt of each and evcry such p+ymem shall be immcdiatety dve snd p+yabk and shall bs~? interest
~rom the d~te thereof until paid ~t rate o1 n~ne per centum per annu a t w~th s shall be sec~red by the lien of th:s morptp~. ~
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