HomeMy WebLinkAbout0298 2.~;~'73`7 .
THIS INDENTURE, Made th~ ~~h day of J~~~ , A.D. 19 betw~sn
Sau~r Iaaac snd Jaeephiae Isaac, t?is vife _
af Sti • Lt1C~6 Co~nty Flotida. Mninaftq dtsiQnated ~s tM "MORTGAGOR;' •nd fIRST fEDERAI SAVINGS ANO IOAN
ASSOCIA?tON OF FORT PIERCE, • cwporNan ory~ni:ed u+d ~xistirg unda~ tM laws of th~ Unir~d Stahs of Am~~ic~ ~e?d !?~vie+~ i» princlpal plan of '
buiinsss i~ tM City of fwt PiKU, St. luci~ County, Florida. Fwr~inafiK d~~pn~»d a th~ TGAG~E
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WHEREAS tM MORTGAGOR is justly ir~debt~d ro tFw MORTGAGEE in tM sum of ~ood and I~wful mon~y of the United
Sratei advanced by tM MORTGAGEE v~to the MORTGAGOR, as evidenced by • certain ptomiuory not~ of eve~ date h~~ewith, of which th~ followinp i~
wadi and fiywss is a trw copy, to-wit:
=~~oop.op N, 3-17,852
Pk.~., fb,~a,, Jai ua~y 20 ~9-Z2
Fw value received, 1, we or either of us, P. 6se topa~without defalcation, to the order of FIRST FEDERAI VINi-i5 ANO LOAN ASSOCIATION OF
fOR~ PIERCE at Fort Pierce, Flwids, the sum of s with interest (rom date af the rste of~•~96 psr +nnum, in monthiy i~tal{-
mrnta as fo~!ows: S~S•~ on the ~ St' day of ~~h 19 72 ~nd a like sum on the correspondi~ day of exA morith there-
after unti! the whole be fully p~id.
Each installment first thall b~ applied in paYment of the interest ~nd then o~ ths unpaid bal~~ce of the prindpal wen. If d ault is mad~ in iM
Haymenl of any instellment when dve, ~nd such default continues 30 days, thcn af the option of the holde~, and without any other notite, a0 the remaining
installments shail be due and payable at onte. Privikys is g~ven to prtpay this note in whol~ w in part ~t any tima without penalty. Neither fas`~eannce,
no. acceptance by the holder thereof afta any default in any paymenb hereon, shall be dremed extension. A late psymeM chsr9e of ~2'90 shetl be
added to each ins~allment remaining unpaid 7 days after ib dw date, and ~ like sum shall be added to each such instatlment remainin~ unpaid 7 days sfter
each succteding paymcM dste.
E~ch maker, sumty and endorser hereof, pinNy and tevaally, wsives demand, prexntment protest and notice of p~otest for ranpayment, ~nd fimhK
agrees to ~ny extension of time of payment, eit}+er before o? sftca matu?ity, without not~ce to any of u3; a~d to pay all coib of collection, includ'+np a
reasonable attorney i fee in tha event of ~~y def~uh hertunder, and hereby severa7ly waive~ all be~efit ef homestead a~d exemption undar t!w constitvtioe
arw-1 laws of cach State of the United States, as against this obligation ar any extension w renewal F+ereof.
wfrncu the t,and u+d .es~ of e~ch pa.na His
~ J a/ Sam~r ( X) I sa ac ~
~+CCEI~ED t... . tR PArYOti Of t Ma rk cs~?U
cuE d1 dnss C otuws~ ~RSOKM. ~ao~ttus Josephirie Isaac ~u
w~rt to awrat ~i•~. ~crs oF un. cs~s?u
~ $9 .00 ~ s~.t. ae~.~„~ aoco~ pwrw?s, aMt c~wie c~t s~ t~d. oo.
NOW, THEREfpRE, the MORTGAGOR fot tM purposs of ~ec~ring p~ymer?t of s~id sum of = 6~~Q•~ ~nd t1~a performu+ce of tM
covena~b ~nd apreements hertinaffer expressed, ~nd fa divers ~oc~ snd valwble co~siderations, by thts~ presenb, does prant, berp~in, telt, remise,
release, conwy and confirm v~to the MORTGAGEE, ib succeswrs ~nd sui9ns, ~~1 that certai~ bt, pieoe or putel of Isnd, tituate, lyiny, ud btirg in 1M
~~~ty $ti. Td1C~e ~nd Sat~ of fb?ida, dytrib~d ~s fdlows:
Lot 16, Block 5, S~ p~S SIIBDIVI3ION, as per plat thereof
recorded in P1at Book 9, page 68, Public Records of St. Iucie
; County, Florida, ?
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~ togethtr with stl and sirqular tM ten~ments. Mredit~menb and +ppurt~nus thtreuMO b~lagirg ot in ~nywis~ appKtaininp NwrNo, and ~11 ?ents, issws,
p.oceeds ~nd profin ~cwuir~g and to acave from taid premises, all of whid? u~ incfvded h+ fFw sbove ~nd forpany dNCriptio~ ~nd h~bwd~im.
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~ TO HAVE AND TO FiOLD tM ~bow d~uribed and ywnted pnmisea unro tM sald MORTG/~('sEE, ib wousson and assipet for~vw. Md th~ s+ld
MORTGAGOR for thei r ~;n, executon, administraton and auiyro, hereby cown~ori with th~ said MORTGAGEE, its wa~w~s w+d a~iprr,
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rhat lawfully seized of tFy ~aid premists in fee simplr, that th~ samt u~ fre~, dear and fiac}w~d froen ~II IiMS and «~amr
;.~e
~ brances in Isw o~ in equity, and that the~_ will and their hsin shall wurant and defend t}~ titl~ b tM t~r~ to tM s~id
MORTGAGEE, its sucussors +nd auipns, fw~vsr ap+in~t th~ lawfol cliuns and d~mands of sll parsons;
PROVIDED, AlWAYS that if the MORTGAGOR sh+ll pay unto tl+e MORTGAGEE 1he promiswry note hKeinbefa~ dewib~d ~nd shall truly, promptlr ~
and fully perfwm, di~ch+rg~, ex~cute, complete, comply with ~nd ibide by sach ~nd tvery tF~e stipul~tiora, a~re~nb, conditions ~nd aownanb of s+id i
= promissory not~ ~rd of thi~ Mwtyp~, rhen this Monyaye and tM Estate hKtby aeat~d shall ceas~ and b~ null and void.
IT IS UN~ERSTOOD that tl+s word "Mwtyapw" whether in tFw sir+pulu a plwal ~npwMn in tFws Mwtp~pe, shall b~ sinp~la? if on~ only and
~ shall be plurd 'pimly ~nd wvNally if mor~ tMn ons, and that tF» word "tFwir" ~s us~d ~nywher~ in tha Mat~pe shdl b~ takN+ to rnan "hb.•• "Mn.••
or "in:' whereva th~ cont~xt w implies w admit~. Also, that wherever ther~ If a f~fffflK~ t11 1M COVfMfIM and aprNn~nb Mnin contair»d to +ny of
_ ihe p+rties her~to, tFw aam~ ahall b~ comtrued w me+n as well as ti+~ heirs, ley~l r~presentatiws. tutt~swn and assipro (~itM~ vo!untary by act of th~
parties or i~vo~vM~ry by oper+tion of the bw) of th~ same snd thst ~he cov.nann I+enin conuin.d shall bind .nd ~he benefin and .dvanfay.a irwn
_ ~o the ~csspectiw heirs. Ipd r~prssent~tives, wcceswn ~nd ~u°~~n of th~ puti~s hK~to.
- Md said Mortyapws, fw tMmulv~s snd thei~ Min. I~pal r~pr~sentativ~s, suwuors and assipns. F+er~by jointty and wvKalty covawM snd ~pr~
ro u~d with the said MORTGAGEE, i» succsssors ~nd ~ugn:
- '1. To p~y ~II ard sinQula tta principal ~nd inqreat ~++d ti+~ wriovs and wndry wms of mo~ty paYaW~ by vatw of s~id promis~ay not~, and tha
° morty~. ~ach ~nd twry, pomptly th~ days respectiwly tF» ~ame sewrdly beca+r dw.
2. To p~y dl ~nd sirgul~r riw taxes, uwssm~nb, levies, liabitities, oblipatiom ~nd ~ncwnb~snus of wery nahx~ ~nd kind now on ~aid d~wib~d
' PrOperty, or that her~aft~r may b~ impowd, wffered. Pbc~d, Iwi~d, or ~wsssd tl»r~on. a that her~aftK ~nay b~ levwd a asess~d vpoe thi~ Mat~-
~y~, a the ind~badn~ss recur~d F~ereby, e~ch and er~ry, wMn dw and pay+ble, aocadinp b law, btfw~ tMp becorn~ d~linqwm, and b~ta~ arry Mt~rest
attecF~es w•ny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SI1ME SHALL 6E PROMPTLY SATISFIEp AND DISCHARGEO OF
`-z RECORD AND THf ORIGINAL OFfIC1Al DOCUINENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAiER OFFICIAIIY ENDORSE~
OR CERTIFIED) SNAII SE PIACED IN THE HANDS OF SAID AhORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN?; and in th~ trent tMt ~ny thenof is not
- paid, s~Ysfied and disthar9ed sa:d /AORTGAGEE may ~t any time pay the same o? any part thereol witho~t waivirg or affettinp any option, lien, equity a
~~~ht under o~ by virtw of this mort9aye and th~ full amount of cach and ~very s~ch p~ym~nt shall b~ immediat~ly dut ~nd p~yabl~ and shall b~ar intaest
j ~.om ~he dat~ the~eof until p~id at a?e of nine ptr centum per annum and roytther w~th tuc ~~b~~x ed~~li~n oi tb:s mwqta~. 1
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