HomeMy WebLinkAbout1996 221837
THIS INDENTURE. Mad~ the 6th day of Janudty , A.O. 19 ~2 between
_ Pavid li Paulev and Bettv N Paul y, his wife
;
of ~t . Luc ie '
County Fior~da, fiere~naftw dtsy~sled •s the "MORTGAGOR," a~d FlRST FEQERAI SAVINGS AND IOAN
ASSOCIA]!ON Oi FORi PIERCE, • co~paat;on wp~n~zed and e:~s~ing unde~ tM ~laas of ths U~~ted Stat~s of Amcriu and Mvinp its principai pi~c~ of
bus~neu in tF» City of Fwt Pierc~, St, lucie County, florida, haeinafta desipnated as tF+~ "MORTGAGEE:' ~
WHEREAS ths MORTGAGOR is justly indebted to the MORTGAGEE in the sum of ~ 3~ lOO.I)0 9cod and tawful moneY o! the Un:ted S
Stares advanted by the MORTGAGEF ~roo the MORTGAGOR, as ev~dtnced by a tert~m prom~ssory note of even date hetew~th, of wh:th the followin~ in ~
.+„rds and f~qures is • v;,e copy, to-ri:t; ;
z 3,~ 1J0. Jv 4-17~792 ~
Forf Pierce. flwida, Jansary 6, i9 72 ~
~
Fw value rece~ved, 1, we o~ e~ther of us, prom:u to psy, w~rhout defalcar~on, to rhe ordcr of FIRSI fEOFRAL SAVINGS AND LOAN ASSOC~ATION Of
i pRT PtERCE at Fort Pierce, fiorida, the sum of : 3~ 100, uv wnh interest from date st the rote of 7+16 per snnum, in monthly in~tall-
~-~enrs as fo1!owi: S 2~' on the 1SL day of ~Sareh ~9 72 ~nd a I~I~e svm on the cwrc~pond;ng day oi esch month there- '
t
aster uMil iht who!e be fvlly perd. ~
t
Each instaffinent first shell be appl~~ ;n paym~nt of the interest snd thpn on the unpa~d balance of the prinrpal sum. Ii d ault is madt i~ fhe
F a;ment of any inststlmenr when due, arrd such defautt tontinues 30 days, then at ihe option of the hoider, and without any o~her not~ce, all the remaining i
-~sfaGments thail be dve and payabfe at once. PrivJc~e is given to prcpay this note in whole w in part al any time without pcnalty. Nelther fwebearance, #
c~r acceptance by the holder thrreof after any deiauh in any payments hereon, shall be dermed e~tensioo. A late payment charge of S 1 u, sM~l be
ad~ed to each i~staitment remain~ng unpa~d 7 days after its dve date, and a I;Ae sum aha;l be added to each such instailrnent remaining unpaid 7 days efter =
each succaediny payment date:
Each maker, surety and endorser hereof, joimty and severally, wa~vea demand, prestnfine~t p~otest and not~ce of protest for nonpayrm~t, and furthe~
a9rees to any eztension of t~m~ of paymem, either befaro a after maturity, wirho~t nohce to any oi us; and to pay aU costs of cotlect~on, includ;ny a
re~sonabie atto~ney'a fK ~n thc event of any default hereunder, and hereby severally waives atl benef~t of homestead and exemplion under the constitution
~,d laws of each State of the Unit~d States, as against this oblgation w any eatens~on w renewal hxreof.
W~mess the hand ar~d aeal of esch par+y_
s! David H. Pa:aley (SEAU
(SEAI)
E~rty Q~::i~=• ~~zf
; 4. 6~ l Srate Revenue I~L1
(So-s~C sowtAid ~a ac~at~o)
MOW, THEREFORE, the MORTGAGOR for the purpose of sccuring payment of said sum of S 3, 1U~• ,•nd 1he performsnce of the
co~enants and agreemenrs txreinafter e~pressed, and fw d~~crs good and vslu~ble cons~de.at~ons, by these preients, does grant, bargain, setl, ~em~se,
~ek•ase, convey and confirm unro the MOR7GAGEE, its tuccesso~s and aas~gns, all ttwt certain lot, piece w parcel of land, situate, lying, and be~ng in lhe
Covnty of St . LuC2 E ~nd State of Fbrida, desu~bed ~s follows: i
~ ;
~ ~he East 3~ feet of i.ot 2~ and th~ t~est yU feet of :.ot 21, Block ~
i
~
; ;~1.~R~V I:...A. ESTA2ES, as per ~:at thereof on f i le in Plat Book ~S, page
~
~ 77, Psblic Records of St. :.ucie County, Flori3a,
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~ Th:s is a second ~nortyage, beiny inferior only to a~tior first
~ oortgage from ~artga~ors to xortgac~ee dated Septeaber 2, 1~71 and
E zecorurd in J. R. Book 1~~, ~age 1033, ~ublic Records of St, Lucie
`t Couniy, Florida, ~
; R~cEivEe i_-- ' < < .
' P;'E o~r ct~~s ~c- inr~,~,~n r
~ - ~u~~l~ f~M~IP~~ It~1~4. ACTa
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~pE~U[ES ~ \ L
; ~~~R Ppi1i~ G~rt Cirarlt Court, St, \\1 ~
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E *ogether w~th all and singular the tenements. F+ered~taments and sppurtances therevmo belonping w in anywise appertaining tF~srefo. ~nd all renb, iuut~, i
~ o~xecds ~~d prof~ts accruing ~nd to acc~ue from s+id piemise~, a!! of whech ~re included in the above and fae9cirg description ~nd habendwn. ~
~ TO HAVE AND TO HQtD the above dcsuibed and yranted premises umo the said MORTGAGEE, its wccesson and ~ssigns fwever. And tht said ;
L ~'1f 1 r
MOR7GAGOR ~for heirs, executors, administratws and assig~~, hneby covenants with tM said MORTGAGEE, iq succeswn and assi9ro, ~
the are
!hat - lawfulfy seized of the said premisef in fee simple: that tht same ~re fr~e. ckar ~nd dixharged from dl liens ~nd ~ncvm~ 6
b!ances i~ law w in equity. ~nd that t he v wifl and L h~ i~ he'ut tMll w+rrant ux1 defend the titk to the ~mt to the ssid i
MOATGAGEE, i» succeuws snd au~gns, faever syainst the Iawful da;ms ~nd dcmands of •N persons;
PROVIDED, ALWAYS that if fhe MORiGAGOR sh~ll pay unro the MORIGAGEE the promisw~y ?wte l~ereinbefwe described ~nd shall huly, promptly i
and fvlly perfwm, discharg~, exccute, comp{ete. comply with •nd ab'~de by esch a~d every the stipulations, a~re~m~nb, conditio~s and aovenanb of said ~
promissory not~ snd of this Nlortyspe, then this Mortyays and the Euste hereby cre~ted sF?all teast and be nult ~nd wid.
' IT 15 UNDERSTOOD that tFx wwd "Mortq~yor•• whether io tht sir~ubr w plunl snywhert +n thit AAo?tyape, shal! b~ sinQulu if on~ only and ~
ahall be plural jointly ~nd fsverally 'rf mw~ tM~ one, and that the wad "thair" as used ~nywhcre i~ this Mort9eye ahall b~ t~ken to m~an "his;• „hen,. ~
or "its;' wherever the context w~mplies a ~dmits. Alw, that wherever thcre is a reference in tM covenant~ and syrsements Ixrein co~pin~d tp ~ny o}
~he panip hereto, rhe same thall be co~utre~ed to mean as well ~s the heirs, ky~l rep~esentatives, successo~s snd auig~s (either voluntary by ac1 of tht t
perti~s c~ involuntary by opcratan of the law) of the same ~r+d that the covenants hsrein contained sh~ll bind •nd ihe benef~n and advanfaq~s irwr~ ;
ro the retpective he~r~, kyal ~epresenutives, wccessors and au'gns of the parties hereto. :
And uid Mort9pors, iw themselves s~d their heir~. lega! representatives, wcceuors and suipns, hereby joi~tly and severslly cov~nant and ~qree ~
ro ~nd with the said MORTGAGEE, its successors and auigns:
. 1. 1o pay •11 ~nd sinpular the printipsl and intere~t ~nd thc various and sundry sums of mp~eY Payable by virtue of said promisfay not*, and this
mort9a~e, esch and every, promptly on tht dayi respectively the same scv~nNy become d~e. ~
To pay dl and s~ngvta~ the a~ces, ~ssetsments, levies, Gabilifie~, oWi4at;ons ind ~ncvmbranccs of every r+atv~e ~nd ki~d now on s~;d dasuibsd
property, or tkat hereafter may be imposed, suffered, pl~ced, levied, p•at~sed thereon, a that here~fte~ may b~ kvied a ~sseued upon this Mortp- ~
ay~, a tM indebtedneu secured hereby, each a++d wsrY, when due and abte, xcwdi Io taw. befo~e tke become deli uertt, and betwe j
P+Y ^p Y ^4 ~ny intt~tst
rnacbes a my penalty is incuned; AND INSOfAR AS ANY THEREOf IS Of RKORO THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGEO OF
RE~ORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT pR THE SATISFACTION PAPER OFFICIAIIY ENOORSEO
OR CERTiF1ED) SHAtt 8E PiA~ED tN TNf NANDS OF 5AlD MORIGAGEE W1TN1N iEN DAYS NEXT AFTER PAYMENT; •nd in the event 1Mt any fhereof is ~w
peid, saYsf~ed end discharged sa'd MORTGAGEE may at any time p~y the same a any part thereof without waiving or ~ffectinq any option, lien, equity ot
•~~ht under w by virtue of Ihis mortgaye and the ~~II amo~nt of each and cve~y such payment shdl be immedi~tsly d~e and payable and shs!! bear infe~est
~~om the date tbe~eof ~ntil ps~d at ra+e of nlne per centum ~er •nnum •nd t erh th terest ih !I be SK4~ed b rhe 6e~ of th's mayt~e.
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