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HomeMy WebLinkAbout2478 ~G2,~1.'~'~ iHIS INDENTURE, Made the 1~~ h day o~ "`i n..`'r A.D. 19 betwecn Ron ~Id ~ "]bt~rts ~nc~ ~andra p ~ib~-rts~ hi~ wiic of ~t . L~C ~p~~ty Fiwida. lxreinafte? desg~atcd as the "MQR~GAGOR," and FIRST fEDfRAI SAVINGS AND IOAN ASSpCtAT!ON 4~ !-7RT PlERCf; • cr~pre!~c^ Ng+~~zrd ~nd e~is~inp undr the laws of ~he Unned Sta~QS of America ind Mvinp its principal pi~cs of bus~neta in tFx C~~y of Fort P~erce, 5+. lucis County, Florida, here~~sfter desiflnated ~s ths "MORiGAGE~:' WHEQEAS thr MO~TGAGQR is ~ustly indeb~ed to the MORTGAGfE in the sum of S 3• uJ~' . good and lawful money of thc Un ted STares ad.an:ed by The MJRi~AGEE un~o tne MOkTGAGOR, as ewdenced by a cer»in promisswy note of even datr herow~th, of wh;ch the followin~ in v.ords and f~~u~es is a tr~e copy, ~o-wit: s 3~ j!ntl No 3-17 . t 10 Fort Pierc~, Florids, -'~~nuary 1-+, ~q?~ Fo~ val~e rece~ved, I, we or either of us, prom;ae to pay, w~~haut defa;cat~on, to the order of FIRST fEDERAL SAVINGS AND IOAN ASSOCIATlON OF n f~RT PIERCE at Fo+t P:erce, Fiorida, the sum oi f-3~~=~?' ~ w;~h ime~esr from dare at the rate of -~',b per •~~um, in monthly ins~at{- ,~enrs as fot'oN:: S~~=`7'=~ on the 1 5 L day of ~~aIC h ~9__7''-_ and a like sum on the conesponding day of each month ~here- a+rer ~nfil rnr whole be fully ~a~d. Each inste~lment firat shall be app:~ed in paymero of the inrereai and fhen on the unpe~d baiance o1 thr p~~~c pal ium. If d ault is made in 1he , aymem of any inste:imer.r when d~e, and such defauh cont~nues 30 days, then at fhe opr~~n of the ho~oer, and wirhou~ any ori~e~ no:~ce, ail ti+e rema~~~ng v~stallr~eNS shall be d~e and payab~e at once. Priv~le~e ~s g~ven to prepay this note in whole w in pan at any t~me without pcnalty. Neithrr forebear~nte, nor acceptance by the ho~der thereof aftrr any defauh in any paymem• hereon, shah be deemed extrns~on. A~are paymem charge of S 1' 2 5, shali be ed~ed to each ins~a+iment remain~ng unpa~d 7 days after its d~e date, arr! a~~Ce s~m shaii be adde~ ro each sv.h instalimeN remain~ng unpaid 7 days after each succeed~ng paymem dare. Each make~, surety and endorser hereof, jo~Niy and severally, wa~ves oemand, presenrment protest and not~_e of protrst for nonpayrrunt, snd funF?er ..~a..~.~., r,{ nrt,. ~f navment. either before w after mafur~ty, wichout nof+ce ~o any of us; acd to pay all costs of coHect~on, ir.ciud~n9 a 'e,sonable af:orney's fee m the event of any defau:t hereunder, and hereby sevrally wa~ves a~~ benefit of homes~ead and eaempt~on unuer the constdutan ,nd laws of each State of the Un~red S~ates, as agamst rhis obi~gation or any e,tens~on or renewa! hereof. Waness the hand and seal of each party. s,> Rnnald :`lberts ~qU ($EAt) s ! Sandra R . ?1lbert s (SEAI) cs~?t) - • ) State Revenue ;5laapr aaac~ aa arig~d~nee) NOW, THFREFORE, the MORTGAGOR for the pu.pose of secur~ng payment of sa~d sum of S 3, QOO. QO ~nd the perfwmance of the covenants and agreements herei~after e:pressed, a~d fw d~ve+s good and valuable cons~de.at~o~s, by theu presenrs, does g~ant, baryain, seil. rem~se, ~r~ease, convey and confirm unto the MORiGAGEE, iti succeswrs and ass~gns, all that ce~tain lot, piece w parcel of Iand, situate, lying, and bein9 in the County of ~ t• C'~ an~ Srate of Fbride, deacribed as follows: ~ :.cts 2) an~ 41, c lock 11r, L^i:r.~~Crt` i'rRh -"`;IT as per ~ lat thercof or, f ile in ?Ia'. Rco'rc :1 ,;~~ce 2?A, 27B, 2%C ~nd 2?P o: the ?'~bl :c Recozd=_ of =t. L~cie Co::nt~-, Fiorida,'~ i Ft~`_:l'~~ 3---~-~6 V_ PA~~!EKf OF TAXES L~~E i.~i C~'.~?S t!i~~'wi9_E :'F~r:::1~1. PkOPERiY, ` fU~~JAPfT ?C CtiAFiER 7;-i34. A'_'.S t?F i91i. ROGER Ft71iRA;. Gerk C~c.,~~: Gcurt, St c.~ Co• Fla. ~ U z This,is ~.second :~ortc:a~e, b~•ir~~ infez_or anly to ~~=r.or first mortcage ~ro^ ~.orf5acors to : OZLCZ(:Ee 5 dated ~:oy17, 1a71, zecor~eC ~n O. R. 3ook 1~2, ~,a,e . # 1?bb-176 a, Public Rec~,r~s of St. L~cie County ~ r ;or i a~~ . • W STATE ~F FLORlDA ~ x 2 ~ Z ppC(J1J~17Ap~~ STIaMP TAX _ ti, - - ~ ~ ~ = J~11 ~'72 = ~ " _ _ ~ ° - " 450; ~ v~i V aar.e~ ecr~crt . ~ P.9.wo~it ~ - t ~ ~ ~ rogethe? with all ~nd singular the tenenxMS, heredit~ments and appurt~nces tF~erevMO belonginp p in anywise ~ppe?1+7n'u~y N+e?efo• +nd +II rtnri, issuss, proceeds +nd prof~ts accrving and to accrue from said premises, all of whid~ are inclvded in the abovs •nd fora~oirg description +nd habendum. ~ TO HAVE AND TC~HQID the above desuibed +rd granted premises uMO the said MORTGAGEE, its suttesson ud suipru fwever. Md the said . 2..t1i MORTGAGOR for heirs, exec~tors, admin~str~tors and assi9ns, hereby co~renaMS with the said MORTGAGEE, its sutcesson sod assiym, t~E a~TC~ t; rhat Iawfully seized of tha said prem~ses in fee simple; that the s~me ~re iree, ckar and d~~cturptd frarts s!! !':aru snd t~ b~ances in Isw w in equity, and that t't'~'y wilt snd t hF i T hein ~hall wsrr~nt and defe~d the title fo the sarrw to the s~id MORTGAGEE, its successws ~nd +u~gns, fwever against the lawful ciaims and demanda of alI perw~s; - PROVIpED, AlWAYS that if the MORTGAGOR shall pay vnto the MORTGAGEE the promissory note hcreinbefpt destribed +nd ahall Kuty, promptly - and fully perform, disch~rge. e:ecute, compkte, comply with snd abtde by e~ch aod every the stip~btions, ~greements, co~ditam and cov~nann of s+id - promissay note ~nd af this Mortgsge, then this Matgage and the Est~te hereby veatcd shall ce+se and be nv~~ and void. s~ IT IS UNDERSTOOD that the word "hAortyaflor" whether in the singu?ar w pl~ral anywhe+e in this MortysQe, ihall be sinqul~r if one only and `'3 shall be plursl joiMly and xverally if more than one, snd that the wwd "their" ss used +nywhere i~ this Mwtyaye shall be taken to mean ••his•• ••hen;• or "its;' whcrever the context w implies w admits. Also, thst wherever there is a~efererxe in the covenants +nd aflreements here:n contained to any oi = fhe parties hereto, the tame shall be corutrued to mean at well a~ the heirs, leg~l rtpresentative~, successws and aa~yro (eifher voluntary by act of tM parties or imoluMery by operation of the law? of the same and that the covensnts herein contained shall bind ~nd the benetin and adwm~yes inurt '-x +o the respect~ve heirs, legal seprescm~tives, successors and au~gns of the panirs hereto. And said Mortgagors, fw themselves and their hein, Iegal rep~esentatives, successon and assigns, hereby jointly ~nd severally covenaM and apr~e - fo and with the said MORTGAGEE, its auccessors and assigns: 1. To pay all end aingutu thc principal and interc~t s:~d the variovs a~d sundry sums o~ money payable by viitue of said promissory note, and this - mongape, eacF~ •nd every, promptly on tFx dsys respectively the s~me sever~lly becortx due. 2. To pay +11 and •irgvlN the t~xes, assessmenri, kvies, liabifitiet, obli9ations a~d encumbr~ncet of every nature and k~nd rww o~ ~a~d dewibed property, w th~t hereafrer may be impo~ed, suffered. Placed, kv+ed, or ~ssessed the.eon, or that he.e+fier m~y be lev~ed or ~ssessed ~pa+ this Morty- +ge, o~ the indebtedness secured he~eby, each and every, when due and paYable, accordinp to law, befwe they become delinqven+. ~nd befw~ ~~y interat artaches or any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISfIEO ANO DISCHARGED OF ='%i RECORD AND TME ORIGtNAL OFFICIAI DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PMER OffICIAIIY ENDORSED N:`~ OR CERTtF1E0) SHALL BE PIALED IN TNE HANDS OF $AID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event ihat a~y thereof is not _ pa~d, sat sfied and dischsrged sa:d MORTGAGEE may at any time pay the same o~ sny part thereo} without waiviny or ~lfectiny ~~y option, lien, equity p - •~ah+ v~ida w by virwe of this mo•tyage and t~e f~ll amou~t of eech and every such payment shall be immediately due and payable •nd shall be~r interest ~T r j•om !he date the.eof until pa~d ar rafe of n~ne per ce~tum per ann~m •nd toy im~er C j,.~~l~eCU~ed by the lien of th:• mayt~ye. ~ ~V g"+y !i~o ff,~?,._ . . _ . _ . .