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HomeMy WebLinkAbout2136 221932 ~"r / TNIS IhDENTJRE. Madc the ~~Lh day o{ January A.D. 19__ 7~ betwee~ Norman Nai and five~im (3. Mai, his rrife _ of S~i• ~11CiA County Florida, hereinafter des~g~ared as fhe "A10RTGAGOR." and FIRST FEOERAt SAVINGS AND IOAN ASSpC1AT10N OF fORT PIERCE, a corporat~on organized and ex~s?inp u~der ~he laws of tl+~ Ueut~d 5?aty of America and havinp iri principal pl~ce of bus,neu in the City of Fw~ P~~rc~, St. lucis County, Flaid~, hertinaft~r des~~natcd as the "MORTGAGEE.' WHEREAS the MORTGAGOR is jusily indebted to the MORTGAGEE in the sum of S-~3~•~ , good and lewful money of the Un~ted S•ates adaanced by the MORTGAGEE unto the MORTGAGOR, es ewdenced by a certam prom;uory note of even date .herew~th, of wh~ch the foilowin~ in ~oras .~~o ~~y.,.~; is a true copy. towit: s7,300.00 - N, 3-t7,802 Fort Pierce. Fbrida. JSI1118T`y ~ 0 19~ Fw valve rece~vcd, 1, we or either of us, prom~se to ay, without defalta~~o~, to ~he orde~ of FIRST FEDERAL~ VINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort P~erce, Florida, the svm oi S ~~th inteveat from date at the rate of"•~ °j'o pe~ annum, in monthly install- j ~,e~rs ss fo1!o.vs: S 62 a+ the j gt day of ~~h 19 and a like sum on the correspond~ng day of each month there- ~tte. vntil the whoie be ful~y paid. Each installment f:rst shall be appl~r~ in payment of the intcrest and then on tFx unpa~d bslance of ti,e prlnc~pal sum. !f d ault is mad~ in the : ~,R,em of any ins~alfineM whe~ due, and such defauh com~nues 30 days, then at thr op»on of the holder, and wirhout any other nof~ce, atl the ra++air.ing :s+ol{ments shail be due and payab!e a? once. Pr~vilcge is g~ven to prep+y this noro in whole or in part at any t~me w~thout penalty. Neither foreb~arance, ^o~ acceptance by the holdm thereof afte~ any default in any payment• hereon, shall be deemed extens~o~. A late oayment charge of S~' shall be =djed to eech irssta~trtxnt remaining unpa~d 7 da~s after its due date, and a Gke sem sha11 be added 1o each such installment romaining unpaid 7 dayi after each succeeding paymeM date. Each makcr, surety and endorur hereof, jo~ntly and severalty, wa~ves demand, presentment p~otest and notice of p+oteat for nonpayment, s~d further a~~ees to any ex~e~s~on of t;me of payment, either before w aftrr matur~ty, wirhout not~ce to any of us; and to pay all costs of col{ection, intiud;ny a e-~sonable attomey's fer in ihe event of any defw~t hereunde~, and hereby severa!ly waives alt benefi~ oF homestead and exemption under the constitWion _,d laws of each State of the Unlted States, aa ags~nst this obGgation w any eitension a renewai he~eof. Witness the F+and and seal of esch party. 3~ NOl`IbBt~ 1'S8~ (SEAI) (SEAU 3 I,'~1/@13R1 1'~3~ (SEAII ~'97 1 Ssate Revenue ts~~ NO'~AI, THEREFORE, the MORTGAGOR for the purpox of securing psyment of sa~d sum of S 7~3~'~ and the pe~formsnce of the cevenants +nd agrerr.unts hereinafter exp.essed, and fw d~vcrs good and vsluabte cona~de~at~ons, by these prese~ts, does grant, bargai~, sell, rem~se, •e ease, convey and cor.firm unto the MORTCaAGEE, its svcceuors and au~gns, alI that ceruin bt, piece or parcel of land, situate, lying, and being in the ~:ouny of St. ~,11C1@ ~rw State of Fbrida, dcscribed aa follows: ~ Lot 9, Block 6, LAI~,'ii00D PARH, UNIT ON~, as per pla~ thereof on file in Plat Book 10, Pagea ~1;51A of the Public Aecords of St. Lucie County, Florida i f 5 f R F ~ ~ f 3 ~ . ~~e r'~~ ti, ~ i(~ ` s-- L~ i-C ~ Li N RECEIVED s~-a[-~--= IN PATMEMT OF TIU(ES ` ~'~CU=- rl.:.;•~ -:~;..'.'p ' 7i X DilE ON CIASS'C 1IrTAliGiQlE PERSONAL Pft~JF~RiY. ~ - . . ~ 'J ~ = JAN12'T2 _ r'~-..':=~ - - ~~T 10 (~iAPtER 71•234. ACTS OF 1971. ~ N t~i = = I O 9 S= ROGER POITWIS„ qerk Qraii CQUrt, SL luue Cc. Fia. ~ ~ § t~;;.tc rt«F.~~~•~~. _ ~ F?3.~'~~~z _ .w - ~ ~ - ~ F r ' ~ y `=z rogether with all and singutsr the tenements, hereditamenri and appurt~nces therevMO belonging or in anywise appert+ininp thereto, ~nd aU ~~nts, issues, ~ ;~w', oroceeds ~nd profiri acauing and to sccrue from said prtmises, all of which are included in the sbove and foreQoirg description and Mbendum. i j ~ TO HAVE AND T~~~ the above desv~bed +nd yrsnted premisea unto the said MORTGAGEE, its s~ccesswa and assiyns fweva. Md iM said [ •VIORTGAGOR for heirs, lXKUtpf~ ~dminisu~tors and auigns, hereby covenants with the said MORTGAGEE, it~ s~cauon ~~d +ui9ns, ' E rhat are Iawfully ui:ed of the said prem~~es in fer simple; tMt t!w same are free, clesr and dischsrged from +II liem and enevm- - ;R t.ances in !sw w in cquity, and that theq will snd their hein thall warrant and defend the titl~ ro the sam~ to tM said MORTGAGEE, i+s svccessort snd assigns, fwever syainit the lawful claims snd dem~nds of all perwro; : PROViDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~om~story rwte hereinbefwe described and shall truly, promptly and fully pcrform, d~xh~rgc, execute, compkte, comply wirh a~d ~bide by e+ch ~nd every rhe stipulations, ayreements, conditior~ +nd covenann of said = p.omiuo~y note and of this AAorfg~pe, then this Mwtgpe +nd the Estate he~eby aested thall cease and be null and void. IT IS UNOERSTOOD tMt the word "Mortpayo~" whether in tht sinyular w plural anywher~ in this Mwtysye, shsll be sinpulu if on~ only and s, shall be pl~r~l join~ly ~nd ~everally if mor~ than one, snd tMt the wwd "their" ~s used anywhe~~ in tha Mart9i~~ sh~l) be taken to mtan "his:• ••hen:• j or "i;s;' wherever the corstext w implies or ~dmits. Atso, that whe~eva there is a referenu in the covenants ~nd ~preemenri htrein contained to ~ny of ; ° ~he p~rties hereto, tAe ume shall be construed to mesn +s well ai the hein, le~al rspresenutives, wccesson +nd auipns (eitha~ volu~tary by ~ct of th~ ~ ' parties a involuntary by operation of the law) of the same and that the cover»nts herein cont+ined shall bind u~d tM benefits and advantap~s irwr~ ; ~ to the respective he~rs, ky~l represenr~tives, successors and au~pns of the p+rtin hsreto. s And said Mo.t9~yon, fw themselves and tF+eir Fxin, legal rspresentatives, succesaors ~+d ~uiyns, hereby jointly and severa~ly covenant and ~yr~e ; ro and with the said AAORTGAGEE, its successw~ ~nd assiyns: , 1. To psy •11 and sinpular the p?incipal a~d intcrest ~r?d the varfovi and sundry sunu of mwxy pay~bls by virt~re of said promissory rate, and this ~ "n morfgs9e, each •nd tvery, promptly on the d~ys respectively the ssme sever~lly become dve. ? r~ a - 2. To pay •II ~nd t~nyulu the taxes, auessmenq. ?tvias, liabiliries, oblgstiorn and encumbrances of every natwe and kind now on said describ~d ? ,.,y3 property. w th~t he.eaher may be impwed, wffe.ed. P~~ced, kvied, or auessed tFxreon, a~Mt hers~f~a m~y be Iwied or usessed ~pon this lNortg € a9e, or ~FK indcbteoness ~ecu.ed hereby, exh and ~very, when dw and payable, accad;np ro I~w, befwe they become delinquent, u~d b~for~ ~ny interest ~ = attaches a any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAIL BE PROMPTIY' SATISFIE~ AND DISCHARGE~ Of - RKORO AND THE ORIGiNAI OFFICIAI OOCUMENT (SUCN A5, fOR iNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PADER OFFICIAIIY ENDORSEO : OR CERTIFIED) SHALL BE PUCE~ IN THE HANDS Of SAI~ /AORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM lhat s~y tFKrwf es not pa:d, sat sfied ~nd disch~rged sa:d MORTGAGfE m~y ~t any t~me pay +he same o~ •ny part thercof without waiviny or affectiny any option, lien, equify or •~qht unde? or by vi.tue of this mo~tgaye and rhe full amounr of each and every such payment sb~ll be immediately due •nd payabl~ and ah~ll bear interest ~•om the date thereof until paid ~t rate oi n~ne per centum per annum and toye~e(nw~~inte~fs~t~~(1~ wed by the lien of th:f morytpe~ s~GK j ~ _ ~ . . _M:y~