HomeMy WebLinkAbout1587 2~3S91
THIS INDENTURE. Mad~ ihe 8t'h d~y of ~b~8~ A.D. 19_.~, bennte~+
Rachel Lee, a sinAle adult
of St.. Iucie ~punfy Florida, F+~reina(ter detignated +f the "MORTGAGOR." and FIRST FEOERAL $AVINGS AND IOAN
ASSG+CIATION OF fORT PIERCE, ~ torporation wpaniz~d ~nd ca~stirq und~r tM lawf of tM United Stat~t of Amaric~ and Mvinp it~ ptincipa) pl+c~ of
buunns in tFw City oi Fort Piau, St. l~ca Gou~ty, Flaida, Mr~inafte~ d~~ipnat~d +s tM "MORTGAGEE."
WMEREAS tM MORTGAGOR is jvttly indebted ro tM MORTGAGEE in the sum of = good and lawful ma+ey of the Un~ted
Sratei advanced by the MORTGAGEE unto the MORTGAGOR, as evidanced by • certain p~omiuory nole of even dste herewitl., of wh~ch ~M follovrinp in
words and figures it a 1rw topy, to-wit:
s tl~.000.00 ~ 3-17,948 _
Fort Pierct, flaida. February ~ 14_~_
Fa value receivcd, 1, we w either of us, prom~se1_to pay, without de~alcation, to the o~drr of FIRST FEDERAI SApVI~NGS AND IOAN ASSOCIATION Of
FORT PIERCE at Fort Picrce, fbrida, the sum of = ~ u~~~•~ with inte~est irom date at the rate of V~V % pe~ annum, in monthly inslall-
+nrnts as fol!ows: i ~ ~ 8•~ on `hs -1-~~ day of 11~ri1 , 19~_ and a like sum on the correspond~rq day of each month thert-
airer until the whole be fully paid.
Each installment first thall be applied in payment of the interest and then on the unpaid balance of the ptint~pal sum. If d ault ii made in tM
Fayment of any iosrallment whe~ dw, and such default continues 30 days, then at the opt~on of the holdcr, and wi~hout sny other not~cc, all the ~emaining
~nstallments shall be due and payab:e at once. Privileye is yiven to prepay this nott in whole w in part at a~y t~me without pena~ty. Neither forebearance,
nor acceptance by tM hoWer thercof after ~ny default in any p~yments hcreo~, shall be deemed extens~on. A late payment chtrge of S • 0 shall be
added to each inataliment remaining unpa~d 7 days after ib dve date, and a like sum shatl be added Io each such installment remsi~ing anpaid 7 days afte?
each succeeding payment date.
Each makcr, surety and endorscr he~eof, jointly and severally, w~~ves demand, prexntmcnt protcst and notica of protesf fw nonpayment, and further
agrees to any extensan of time of paymsnt, eithcr before w after maturity, without not~ce to any of us; and to paY all cost: of collection, includ~ng a
reasonable attwney's fee in the event of any default lureu~der, and F?ereby severally waives all benefit of homestead and exemptio~ under the constitution
a~,d laws of each State of ~he Unitcd States, as against this obGgation a any extension a renewal hcreof.
Wit~ess the hand and ~esl of each party.
s/ Rachel Lee, a sint~le adult ~Au
~?u
(SEAu
(SEI?l1
( ~ ~ • ~ ) Staf~ RevMUa
NOW, iHEREFORE, the MORTGAGOR fw the purpose of uc~?ing paymeM of said sum of = ~nd the pcrformance of ths
ccvenants and s9~eemenq hereinafter e:pressed, and fo~ d~veri good and valuable conside~atiau, by thess prcunts, does gr~nt, barpain, ie11, rem~u,
release, convey and confirm unto the MORTGAGEE, its successws a~d suiyns, all that urt~in bt, piece w p~rcel of land, ~ituatt, iying, and beirq in tM
County of T+uC18 and State of Fbrida, dewibed ~s follows:
Lots 15 and 16, Blxk 23, SUNLAND GARDENS
SUB~YZSION, as per plat thereof on file
in Plat Book 8, Page 32, of the public
records of St. Lucie County, Florida,
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3 ' t C~"r ~-L0~1vA
¢ „ p 7AX
~ U p~OCUt+~E~TA~,.«:-e-T~~=~' =
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~ ~ z = Ffd-9'72 ~2 ~ 0 0 _ ~ 8, r,< <
~ a = _ i!f PAYMbYT OF TAXF~
~ ~ DtJE ON CIIISS 'C IMTAlVGtBIE
~ ~ V yt?t.~ s~~ PERSONAI PROPERTY,
~ ~~ts ~ ZO diAP1ER 71-134, ACiS Of 1971.
ROCER POIfNAS, CI._r•; C• .,uit Court. St. lupe Ca Fla.
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~ rogether w~th •II snd singular tFM tenemenb, heredibmenri ~nd appurtances therwnto bela+giny w in anywis~ app~rteininp fMr~fo, and ~II nnri, issws.
~ proceeds ~nd profib ~cauirg snd to acuue from taid pr~miset, ~II of wh9d+ are inchxled in tht abov~ ~nd foreyoinp dtuiiption and Mb~ndum.
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TO HA1/E AND TO HOID ths sbov~ describad +nd yranted p~emises unto tM said MORTGAGEE, ib sucutsors and ~aiym forwN. Md tlw aaid ~
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MORTGAGOR fo? he~--- heirs, exccutors, adminiitrators and auigro, henby covsnants with the said MORTGAGEE, i» succ~sfws ~nd ~ai~ru,
fhat ----3h@ i3 - I~wfully seized of the s+id premises in fee simple; tMt the urn~ ~r~ frN, ckar and diacharped from dt li~ns and ~ntvm-
~ brences in law or in equity, ~nd thst 8h@ will ~nd her hein shall wuraM and d~f~nd tM tiU~ to tM s~mt to tM aid (
~ MORTGAGEE, iq :ucusson and asiyns, fwwtr ayainst th~ lawful cl~im~ and demands of ~II ptnons; ~
y PROVIDED, ALWAYS that if Iht MORTGAGOR shsll p~y uMO tht MORTGAGEE th~ pomissorY nut~ her~inbefore destribed ~nd ~II tr~ly, promptly ~
and fully pcrfwm, difch~rpe, execute, canplete, comply w7th and +bide by each ~nd every the stipulations, +yreem~nts, condiYw~s +nd cownu+b of ~aid ~
- promissory nof~ snd of this Mwtppe, then this Morty~ge +nd the Est+te hertby veated sh~ll uaw and b~ null and wid• {
~ IT IS UNDERSTOOD that tF+e word "Mwtgspor" whether in the sirgular or plwal MyW~1lf~ in this Mwtys~s, sFiall b~ iirgulu if on~ only aod ?
shall F» plurd jointly ~nd wverally if mon thao on~, snd that the word "their" ~s uted anywh~re in this Mort9~ ~hall be akM to me~n "his;' "h~n;' ;
T~ or "its:' wherever the cont~:t w implies a~dmits. Also, fhat wherever thero is • ref~renu in tM cwer+ann and ap?e~menn herein cont~irnd to ~ny oi j
` rhe parties hereto, the s+rr» shall be consrrued to mea~ a~ well a~ the h~'as, Ipal r~presentdive~, successon a~d auiyra (~ith~r volunury by ~ct o~ tht
.'=z perties a involunury by operation of the law) of the same and that the coven~nts hersin contaioed shall bind and tM benefi» and advaMpp inun
+o tM respectiw heirs, 1e9~1 reprasentativet, successors and au'yns of tM parti~s hereto.
Md said Mortysyws, fw themselves and their hein, lepal r~p.esem~tive~, sucuswrs and ~uigns. Iwr~by jantly and ~v~rally covenant ~nd apne
to and with tF+~ taid MORTGAGEE, iti successws and auiyns:
~:i 1. To pay ~II ~nd sirgular tl?~ princip~l and interest a~d tM wrious and w~dry sumt of mon~y p~yabl~ by virtw of said promissory note, and thia
mwt each ~nd e tl on tFw da s r tivtl tlu s~ stwr~ll becortk dw.
yay wry. Pra^P Y Y Q+PK Y Y
2. To pay all aed sinpulu the t~xes. asseumen», levies. Ii~biliY~e~, obli9ations a?w! encumbranca of every natu~e and kind now on s~id d~wib~d
Propcrty, a that FKreahtr m~y b~ impo~ed, iuffK~d, Placed. I~vied, a+ssessed thereon, w that htre~fter may be kvied w usessed vpon thia 1Nort¢
age, a tF~ iod~btedMU tecured hereby. ~xb and wery, wMn dw and payable. ~ccadinp to law. befae they becorr» d~linqutnt, and b~fw~ any inttrNt
n~~ a+tacMs or an nal ~s incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SAilSFIED AND OISCHARGED OF
Y P~ tY
~`e RECORD ANO THE ORIGINAI OfFIC1AL OOCUMENT (SUCH AS, POR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFFICIAIIY ENOORSED
4?i 02 CERTIFIED) SHAII EE PIACED IN THE MANDS OF SAID MORTGAGEE WITMIN TEN DAYS NEXT AfTER PAYMENT; ~nd i~ tM evsnt t!?at ~oy th~rwf is not
paid, s~t'sfied s~d dixharged sa:d MORTGAGEE may at ~ny time pay the s+me w any p+~1 thercof without waiving w~i(ectinp sny option, lien, p~ity a
- •~aht under w by virtw of thit mortys9e and rhe full amount of each ~nd eve?y iuch paymem ihall be immediately due and payabk +nd shall b~~r interesf
'zy: ~rom the date thereof until pald at nte of n~ne per cent~m per mnum and toyether w' ~eft sha{~ ~ y~Cyred by the lien of th:f mwqtaye. j
=,'d Bv~ PF~~E1 06
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