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HomeMy WebLinkAbout0986 ~ 223161 . iH1S INOENTURE. Mad~ th~ t~~ My of J~ua~ A.D. 19 ?2 between Henr~r D. Qlapman and Isabelle V. Chapaan, his Kife of St• ~iUC~ Co~nfy Flotida, FM~~iMftlf dttignatcd as IM "MORTGAGOR," and FIkST FEDERAI SAVINGS 'AND IOAN ASSOCIATION OF fORT PIERCE, • corpwalion orpani:ed ~nd exis~iny under ~M laws of tM U~~ted Staes~ of Americ~ and havirg in p?incipal pl+c~ of bus~ness in tM City of Forf Pi~rt~, St. lucie County, flwida, her~in~fia de~~ynaqd as tM "MORTGAGEE:' WHEREAS tM MORTGAt'iOR is jvstly ind~bted to tM MORTGAGEE in tha wm of ~ ~ 9~~~•~ , good and lawful mo~ey of the United S~ates adwnced by the NI~RTGAGEE uroo the MORiGAGOR, as svidenced by a ccr~a~n promissory note of even date hereweb, of whlsh th~ followiry i~ words and fyures is a trw copy, ro-wit: s t 9, 000.00 ~ 3-17, 826 fwf Pierca. Fia;d,. January 13 19~2 ip value ~eceivcd, 1, we w either of us, pro~m~se to pay, wirhout defa!cat~on, to tM order of FIRST FEDERAI SqAV.I~N~C+sS AND LOAN AS50CIATION Of FORT PIERCE at Fwt P~ie~rce~, Fiorida, the sum of 5~---~~•~ w:th interest from date at the rate of 1~ I7°v per annum, in monthly install- mcnrs a~ fo~!ows: =-1 1S7~CY o~ the day of 19-~ and a like sum on tha carespw+d~ng day o( exh month there- af~er until the who!e be fully paid. - Eath installment f~~st shall be appl~ed in payment of the interest and rhen on the unpa~d balsnce of the pr~ncpal sum. If d ault is made it? tM ca~ment of any imtallmenf when due, and such default canrtnues 30 daya, then at the oprion of the holde?, and without any other notice, atl the remaining ~ ~~~sratlmcnts shall be due and payab:e at once. Priv~leye is givcn to prepay this note in whole w in part at sny t~me w~thour penatty. Nei~her faebearance, nor atceptance by the holder the~eof afee, any default in any paymenta herewn, shall be deemed extens~on. A late paymcnt charge of : ~ shi~~ be ~ added to each insultme~t rcmainirg unpa~d 7 days afte~ iri due date, and a t~ke aum shall be addrd to each auch insta~lment remaining unpaid 7 days after each succeeding payment data ~ Each maker, wrery and endoiser hereof, jointty and severally, waives demand, presentmeN protest and aotice of pratest fw nonpaymenL +nd further ~ agrees to any extension of t~me of payment, either befo~e w after maturity, without notice to any of us; and to pay all costs of collection, includ~rq a . .resonabk attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution a~~d laws of each Stale of the Un~ted States, as against this obligation a a~y extens;on w renewal hereoi. ~ Wir~es~ the hand snd se~l of each party. s/ A n D. _Cha ~Ai~ ~ ' (5~/?U ~ 9 i9 a ie v. ~.,U ~ ~ ~8.50 ~ st.t. a~~.M,. v ' cs~?u , c , NpW, THEREFORE, the MORTGAGOR fa the pu?pose of securing payment of sa7d sum of = ~0• ~ ,~nd the perfwmance of th~ ~ covenaMS ~nd agreeme~+ts hereinafter expre~sed. ~nd for drvers good and wlwble cons~der~tiwu, by these preseon, does grant, barysin, sell, remise, ~rlease, convey and coniirm unto the MORTGAGEE, ih succeuorf ~nd auigns, alt that certain bt, piece or pucel of land, situat~, lying, and beirg in th~ ~W~~y ~ St_ I~u_~e ~od State of Flwida, dsw~bed +s follows: Lot 12, Block 2b9, ST. LIICIE, SECTION 6, as per plat thereof on file in Plat Book 12, Page 36A of the Public Record~ o~ St. Lucie County, Florida ~ i ! E ~ ~ i 's ~ ~ J 1!-1 1 C._ i ~ l~~ r' ~ ~ L..I ?-i ~ c~ ~ :,'QC'.;~::"'T:;"_' Sj:,t/:~ T;,~; ; ~ ~ - ~ - - ~ ~ = F~3-2'?t -,-~i~~i~ , - ~ ~ ° _ ~~~~-~~:'2 8 5 0 = ~ s N t:t.if tciiA.E ~ I - f~ ~ ~z~.»~~~2 ~c~rm ~8- ~ ~arrfxr oi r~ ~ a~ oN a~ss ~ i~r~~ ~ ?~o~n, ~ ~r ro a~wre~ n.i~. ~crs of i~n. ~ - ~f ER rOrtW15, pw ~~R A Laow Co. its. ~ ~ ~ rogathtr with all snd singular the tenements, he~edit~m~nri ar+d ~ppurtances tMrevmo belonpinp p in anywis~ app~rfsining fhereto, and all nnts, iuues. pfxeeds and p~of~ts xcruing and to acuve from said premises, all of which ue included in tM ~bovt a~+d fapanp descriptio~ ~nd Mb~ndurn• ~ TO HAVE ANO TO HOtD ths abovt described and yranted pemises uMO the said MORTGAGEE, iri succ~s~ors +nd assgos forev~?. Md tlw said ~ MORTGAGOR for th@ r - heirs, uecutors, ~dministratws ~nd assigro, hereby covena~n with the iaid MORTGAGEE, its wcces~i N+d assiqrr. ~ rhat - th~ g~ I~wfully seized of tl» isid prem~ses in fe~ simple: that th~ ~ame ue frN, cltar and d'ach+ryed fram all 1'~a ~nd encvn?~ ~ brsncei in Isw w in equ~ry, ~nd thar theF will and their hein shall warrar+t u~d d~fsnd tM title ro ths sam~ ro tF» said = MORTGAGEE, ib successors and sui9ro, forerer ayainst tM lawful claims rnd d~mands of all persoro; PROVIDED, AIWAYS tMt if tl~e MORTGAGOR shsll p~y unto the MORTGAGEE tht promisso?y note Mreinbefor~ destrib~d u~d shall ttuly, promptly end iully perform, d~xMrgs, exec~te, compkte, comply witb and abide by e~ch and wery the stipulations, ayreemenb, conditions and tovenanb of taid ~ promissory not~ and of this Mortyape, the~ this Mortya9e and the Estste her~by ue~ted shall u~se and bt null ~nd void- a IT IS UNDERSTO00 that the wwd "Mwtyayor° wMether in tht iirgulu or plwat a~ywhe~e in this Morty+Qt, ahall b~ sirgular if one only and - shall be plural 'pintly ~nd sever~lly if mor~ tMri one, and thst tM vrord "theii' as used anywher~ in thia Mwt9sy~ ihall b~ taken to mtan "his,•• ••hsn•• w"its;' whereve~ tM conteat w implies w+dmits. Also, that wherever there is ~ refe~ence in the covena~b and a~r~ements herein cont+in~d !o ~ny oi fhe panip Fxrero, the same shall be constr~ed to mt+n ~s well u Ihe heirs, le9d represenrativ~a, ~ucceswn snd ~ssiyns (eithtr volunt~ry by ~ct of tht parties w involumsry by operation of the law) of tFx same and that the covenanri hertin contained shall bind and th~ btntfi» and adv~ntsyes inw~ ro the respediv~ he~n, kyal represenfatives, succsswrs and ats~gns of the parties hereto_ ' Md ~sid Moregagws, fa themulvts and their hein. Isgat represenutivd, succsssori and assiyns, hereby joinHy and sevaally covsnant a~d ayrte ~o ~nd with the said MORTGAGEE, its successws and assigm: 1. To paY all and sirgvlar the principal and interest and tF~s wriovs and sundry sums of rtaneY paYable by virtw of isid p~omiisory not~, a~d this ' matga9e, each •nd every, promprly on ti» dsp respectiv~ly the sam~ xvsr~lly becortr dw. '~'2 2. To pay all ~nd s~rgvls? tM taxes, assesunenn, levies. Iiabiliries, oblgations a~+d encvmbr~nces of every natur~ and kind now on iaid d~saibed property, p that heresfter may be impwed, wffered, plsted, kv3ed, or assetud tlxreon, or that hcreaft~r may bt lev~ed o~ ~ssessed upot+ this Mort~ age, or tM indebtednsu iec~red hereby, esch ~nd ~vKy, when due and payabM, xcordiny to law, befa~ thty becar~~ delinqusnt, and befw~ any intsrnt r;:~ attathes or any penalty is irxurred; AN~ INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL dE PROMPTLY SAiI5FIE0 AND DISCMARGfD OF RECORD ANO THE ORIGlNAI OfFIC1Al DOCIiMENT (SUCH A5, fOR INSiAMCE. THE TAX RECEIPT OR THE SATISFAC~iON PAPER OFfICIAIIY ENDORSE~ OR CERTIFIE~) SNAII 6E PLACED IN THE MANOS Of SA~D MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; and in the event tMt any thereof is no? `y~i paid, sat'sfied and dixharged sa:d MORTGAGEE may at any Gme pay tF+e same or any part thereof without waiving or affectir~g any op!ion, lien, eqviry w ~~9ht under w by virtue of this mortgaye and the full amount of each ~nd every s~ch payment shall be immed~~tely dve and payable and ~hall bear interest f~=; ~•om the date thereof until paid a~ rare of n~ne per centum per annum ~nd to9ether w;rh ~ ir~~y~,all be sec~~y, the lien of th:s morqtaQe. 1~,~, r~ p^^K ~7~~ rarc ~ - - ~~:~u._.. _ - . ~t =