HomeMy WebLinkAbout1585 2~3590
THIS INDENiURE. Mad~ the 27th day of `JiJluary _ A.D. 19 72 between
James H. Mendal, Jr., M.D.P.A., a Rlorida Corporation
of $t • uC a County florida, hH~iM~1N dtsgnated ai the "MORTGAGOR;' +nd fIRST fEDERAI SAVINGS AND LOAk
ASSOCIATION OF FORT PIERCE, • corpaat~on ayani:ed ~nd ea~uirp under ~F» laws oi th~ Unit~d S~~t~t of Americ~ ~nd havinp ib principal pl~t~ of
b.,sinesi in ~M City of Fwt P~c~, St. lucle County, flaida, hcrein~iter d~~iqnat~d as tM "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indehted 1o the N.ORTGAGEE in the sum o( : 17 ~6~• ~ , yood +nd lawful money of thc Un~ted
States edvanced by ths MORTGAGEE unto ths MORiGAGOR, as evidenced by • tertain promisswy note oi even date herewith, of wh~ch the lollowiny in
wads ~nd fiyurea is • trw copy, to-wit:
z 17,600.00 3-17,878
Fo.t v~erc.. Fto.~d,, Janu~?~Cy 27, ~v 72
fw value received. 1, we or eithe~ of us, promiu fo pay, without defalcalion, to the order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, rhe sum of ~ 17~60~~~ w;th interest irom date at Ihe rate of 7' SOrs pe? snnum, in monthly install-
inenit as foltows: i 142• o~ the lit day of ~rCh 19 72 and • like sum on the cwrespondlny day of each month there-
after until the whote be fully paid.
Each installment (irst shell be appi~ed in paYment of tha inrere~t end fhen o~ ?he unpafd balance of the p~~~c~pal sum. If d ault is made in the
F ayment of any instaliment wnen due, and such default coroinues 30 dayi, then at the option of the holder, and without any other notice, atl ?he remeini~g
~~~atallments shall be due and payabte at once. Privilege is given to prepay lhis note in whole or in pa~t at a~y t~me wi~hout penalty. Neither iwebear~nce,
no~ acceptance by the holder there~f aiter any deSault in any psyments hereon, shall be deemed exfension. A Ia1e payment charge of = 7• 1O ihall be
nddrd to each installment remaining unpaid 7 days after itt due date, and a t~ke tum ahall be addrd to each such insta~lment remaining unpaid 7 days ~fte~
each sucteediny payment date.
Each maker, surety ~nd endorser hereof, jo~ntly and severatly, waives demand, p?esentmem p~otest and notice of protest fw nonpayment, and furthe~
ayrees to any eztension of ?ime of payment, either betore w aiter matu~ity, withouf not~ce to a~y of us; and to pay all costs of collection, includ:ng a
reesonable attorney"s fee in the event of any defau:t hereunder, and hereby severally waives al{ benefit of homestead and exemption under the conititutan
a~,d laws of each State of the United States, as against this obli9ation w any extension or renewst hereof.
w~rness the hand and ual of each party. .~AI~'~S H. 1~NDEl.~ .1R. ~ M.D.P.A.
BY: s/ Jaaes H. Mendel, J=. ~~t)
Pte sident ~AU
Corporate Seal Affixed AT?BS?: s/ Paula D. MS?Qrf (SEAI)
Secsetary ~u~
~ 526.40 1 $tete Revenue
cs~.~a~~a~ s~a ~
NOW, THEREFORE, the MORTGAGOR fw the purpoae of securing payment of said sum of S 17 ~ 6~' ~ ~nd th~ perfamance of th'
covenants and sgreements FureinaftN expresud, and (or divers yood ~nd v~lu~ble considerat~ons, by ti+ese p+ese~t~, does gran~, bar~+~c, sell, remise,
release, convey ~~d confirm unto the JIRORTGAGEE, ib wccessors and suigns, all tMt certain lot, piece w parcel of I~nd, situate, lyinp, and ber.g in the
Ca~nty of St . U1Ci@ a+~d S1+ts of Fbrida, dewibed +s follows:
.
Apazt~ent No. C-2-202 of the COLONNADES COP!'DOMINIUMS NO. 1
accordin9 to the Declazation ot CoAdoainius sQCOrded in O. R.
Book 187, page 769, of the Public Records of St. Lucie County~
? Rlosida, as anended by that cestain instruaent datad Noveaber
30, 1970, and recozded in O. R. Book 188, pa9e 1748, of the
Public Recozds of St. I.ucie County, Flozida, 'TOGE?HER WITH
all of its appurtenances accosdinq to said Declaration. /
i
~ S T~{ t~~ o~ t- L O R t E.~ q
€ = Z DOCvf~¦r~V7A~wii STAN,P TAX
~ 1-J-~ ,
j = FE8 -9'72 ~ ~`'4 ~ c~ ~i~ t~
~ ~ ecsi.aF u~t D 4 O= RE'CEtt?EO S q1 P14rilENi OF TlUCFs
~ ~ t~~t~ - DllE OK GASS 'C IIITANGleLE PERSdNAI PROpfRry~
~ PURSWMT TO C11MiER 71•134. ACTS Of 1971.
~ ROCER Vp11RAS. Cien, C;rcuit faurt, St. lu~e Co. Fla.
~
~ rogether w7th s11 and singular tM tenements, hereditamena aod ~ppurtances therevoto btlagirg or en anywite ~ppeAaininp fhs~sto, and all nnts, iuues.
~ prxeeds and p.ofin +cuuing and to +cvue from s~id premise~, sll of which ue included in tt~e ~bov~ and fw~yoinp d~wiptia+ and hsbendum.
TO HAVE AND TO HOLD the ~bov~ described +nd ynnted premises unto th~ said MORTGAGEE, its succes~ws and ~ssipm forevK. Md th~ s~W
MORTGAGOR for it$ hei?s, executas, administrators and assigns, hereby covenanri witfi tM said MORTGAGEE, iri sucuuws u+d +stipra.
~ rhat -lt_1S ~awfully seized of the said premises in fe~ simple; tMt tM sarr» ar~ frN, ckar and discharped from all li~m and encum~
brances in Isw w in equity, a+~d that it will and 1 t S hein shall warrant ~nd defend ri+~ titl~ to tM tsm~ to th~ said
MORTGAGEE, itt successors a~d auiyns, forever ay~inst the lawful clsims •nd demu+ds of dl persons;
PROVIDED, AIWAYS tMt if the MORTGAGOR shall pay unlo tM MORTGAGEE ti+~ promiuo?y note her~inbefor~ dewibed and ahall truly, promptly
,~3 snd fully perform, diuh+rye, eaecut~, complete, comply wirh ~nd abid~ by e~ch and every the stipvl~tions, ~yre~rrknti, conditioos ~nd cwenuttt of Nid
= promissory nott and of iha Mortys~e, t}+er? this JNortya~e and tF~e Est~te hereby ueated thall u~se and b~ nvll and wid.
- IT IS UNDERSTOOD that ~he word "Mortgayor" whether in tht iinyular or plwal anywhert in this Mortysp~, ~hall b~ tinpulu if one only and
shall b~ plurat jointly a~d severslly if mu~ than one. +nd that tF+~ wwd "fheir" as wed anywh~r~ in thK Mortyap~ shdl b~ tak~n to mean "his:' •'hen;•
' or "its;' wherever th~ cont~at w implies p admits. Also, that wherever thete ii • ref~rence in tht tovensnb +nd ~yr~~menri her~in tontained to ~ny of
_ rhe partief hereto, the same shall be construed to me+n as well ~s the heirs, le~al repres~nt~tivs~, successon and aisipru (either voiuntary by att of tM
parlies a involuntsry by operatio~ of ths law) of the s+me and that the covensnls hcrein ca?tained sMll bind and tke bentfib ~nd adv~ntayts inur~
- to the respectiw hein, (pal represcntatives, successors and au~yns of tM parti~ h~reto.
And taid Mortgagort, fa themulves and their hein, legal r~p~esentativq, successon and ~uiyns, hereby jointly and wvtrally cov~nant and apr~t
fo and with tM ~aid MORTGAGEE, its succeison ~nd assgns:
1. To p+y sll ~nd sinpular tM principsl ~nd interest and tF~e wrio~n ~nd tundry swns of moneY paYable by virtw of said promissory not~. ~nd thi~
mortyaye. ~ach and evtry, promptly on the d~y~ respectively tM samt stverally becortw dw. .
:l.i
2. To p+y dl and unyulsr the u:es, auesunents, Iwies. liabilir~es, obliystion~ ~nd ~ncumbrsnces of every natun ~nd kind now on s+~d dewibed
property, or tMt Fxr~~fter msy b~ impos~d. suffered, placed. levied, or ~sstised ther~on, a tMt hereaft~r may b~ Iwied or asstssed upon thit Mwt¢
wwj s9s, w tM indebtede?~ss scc~red hereby, each u+d every, when due and p~yable. +uadirg to law, befo~~ they becan~ delinquent, and b~fw~ ~ny inter~tl
atraches or any penalty is incurred; ANO INSOFAR AS ANY TMEREOF IS OF RKORO THE SAME SHAII 8E PROMPTIY SATISFIEO AND ~ISCNARGED OF
~3 I
~ti~ RECOR~ AND THE ORIGlNAL OFFICIAL OOCUNIENT (SUCH AS, FOR INSTANCF, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSEO
OR CERIIFIE~? SHAII SE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; s~d in the event that any eherwf it not
pa~d, tat'siied and discharged sa:d MORTGAGEE may st any time pay the iame w+nY Wn ~F~ereof witiaut w~iviny a affectinp any option, lien, equity a
•~aht under a by virtue of this mortgage and the full amount of each and eve?y such p~yment shall be immediately due and pay~bl~ and shall bear int~r~st
~•om the date thercof until paid at rate of nine per ceotum per •nnum ~nd t~e~+er r~y'~ h inter st ihall be secured by fhe lien of th:s mwytaye.
BOOK ~.~7~7 FAG~~~O
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