HomeMy WebLinkAbout1997 ~~~5 ~
THIS INQENTUi[F. M.d. d,. 25th day of Janwry ~ A.p. ~q 72 ~rw..~ ~
Jerry C. Barlar~ und Audray G. Barlowo, his wita
oi __s~.{~~ CovMy Florida, FN/fiMf1N d~~igMted ~s IM "MORTGAGOR;' •nd i1RST FEDERAL SAVINGS AND IOAN
ASSOCIA?!ON Of fORT PtERCE, a corpa~tian or9ani:~d ~nd •xtstinp under tM laws of ~~~Upi~d ~Ass ~ M'iwti~~ a^d h+vinp ib p~irxipal pl~c~ of
bvun~u In tM City of fwt PiKa, St. l~ County, Flwida~ F1ffNMNN dit~QMf~ ~s tM~'aIORTGAGEE." ~
WHEREAS th~ MORTGAGOR is jwtly ind~bt~d to tM MORTGAGEE in tM sum of ~ 29 ~~0'~ - _r°'~ u+d ~~Wful money of the Un~ted
Statei advanced by tM MORTGAGEE unto th~ MORTGAGOR, as •videnced by a c~~t~i~ promiuory not~ of ~v~o date Mr~witb, of which tM iollowirq in
wo~di u~d fpur~s b a trw copy, ~o-wit: ~ 3~i? ~ 867
S~Qi000 .00 •
~ P~~. F~~. January 25 19 7Z
Fa valw reteived, I, we or sithe? of ~s, promise to pay, wilhout defaltaiwn, to ~he order of FIRST FEDERAI SAVINCsS AkD IOAN ASSOCIATION QF
FORT PIERCE at Fat Pieres, Flwid~, ~he tum of = a9~~~•~ with interest irom date at the rate of 7•576 p~? ~nnum, in mont~~Fj insuH-
~nems ss follov`s: i 234.~ an tFie lst day of ~v 19_~_ s~d a lik~ ium on tt+~ cwr~ipond~r?g d~y of each month tMr~-
after until ~hs whok bs fully p~id.
E+ch irtstallmsnt firtt sMll b~ ~pp~~ed WYment of tM inferest ~nd then oe? the unpsid balance of tM print~pal ~um. If d+uit is madt in tM
payment of ~ny instsllment whea dw, and such defavlt continues 30 days, then at ttw option of the holder. +nd without +ny othK notice, all the remainin9
~nafallmenb shall b~ dw end psy~W~ +t once. Priviky~ is given to prtpaY this note in wFwl~ or in part at any time without pen+ly. Neither fwtbearance,
nor aa~pt~nce by the holder thereof after any default in any payments hereon. shall be deemed eatention. A late payment charfl~ of i 11 ~7O sl+all be
added to each insullrnent remaininp unpaid 7 days afta ib dus da~e, +nd • I~ke wm aFwll be ~dded to e~ch iuch inttallment remaininp unpaid 7 days after
each sutteedinp p~Yrn~nt date.
E+ch maka, surety and endase~ hersof, jointly and teverally, waives demand, prese~tment protest and notice of proteat for oonpayment, and fu?ther
agreet to +ny extensiw~ of time of payment, either betore w after maturiry, without notice to any of us; ~nd to pay a~~ cosh of collection, includ~n9 s
reasonable attaney i fee in tM even? of any default hereunder, and hereby sever~lly waives all benefit of homeste+d and exemptian undet tFr constitution
and lawt of each Statt of 1ht United Sutes, +s ayainst this obli~ation a sny eatension o~ ren~wal hereof.
Witness tl+e hand a~d seal of e~th parry.
s/ J~rry C. Be?rlowe ~w
cs~?u
s AudYey G. BarlowQ ~y
ts~?U
~ 43.50 ~ sr.t. R.v.nw
- ~Swp~.~way11~ ariori~hal aW~,)~
NOW, THEREFORE, th~ MORTGAGOR fw ths purpos~ of secvrinp payment of sa~d sum ol i 29~~~'~ and tM perfo+m+~cs of tM
covtnanls and +~raem.nn Mr~inafte. eapreued. ~nd fw divers 9ood and wlwbb coroide~~tia+s, by th~s~ prtsN+ts, does yrant, Mr9sin, sell, remise,
release. cw+vey and tonf'am unto tht MORTGAGfE. iri succeswrs and ~aiqns. ~11 1Mt cMain bf, piect or paral of land, sitwt~, lyinp, and beir?p in tM
~~~ry ~ St. Luci! and St~t~ of Fbrid~, d~wibd as fdlowt:
I.ct 63 RIVBR QAK BSTATBS, according to the Plat ther~of
as recorded in Plat Book 16, page 5~ PtBLIC RBCO[tDS of
St. I.ucie County, Rlorida,
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` P~,~vo~ii PURSUANT 70 pi11PTER 71•134.11CTS Oi IiTI.
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~ kuuElt POITRIIS. CIMk Gteiit CoW1. L1Ki1 Co. Fla.
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rogNher w+th sll ~nd singul~r tM tenemenn, htreditamenb and appwt~nces therw~w belonpinp w in ~nywis~ ~ppertaininq tFnr~to. ~nd ~II nnn, iuws.
~ proceeds .nd p~ofin acauing and to +ccrue from said premi~. ~II of wii~d+ xe incl~dad In tl+e a~wr~ ~rd fwpoirg deacription uid habMdum.
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~s TO HAVE AND T~HO1Q tM sbow d~wib~d snd qr~M~d pr~miws unto tl+~ said MORTGAGEE, its suasswn a~d auiyro for~wr. Md t aa
~ MORTGAGOR fa e1r hein, ~xecutors, ~dministraton ~nd ~uiqn~, F~eby covenaots with tM said MORTGAGEE, it~ suaessors snd +~siprw.
thst _thQY ar@ lawfully w~zed of th~ said pr~mi~es io fN simplr, tMt the same u~ fr», ekar u+d dwch~r~d fran all Iwm and ~ncw~
~ their hein sF?all wurant and Jef~nd tM titb to tiw aam~ to tM s~id
; branc~s in law w in ~quity, and that thev will u~d
~ MORTGACsEE, it~ sucuuors ~nd ~uiyra, fortver syainst tM lawful cl~ims snd demands of ~11 persons;
PROVIDEO, ALWAYS tMt if tFw MORTGAGOR shall pay unto tM MORTGAGEE tM promissory not~ Mrtinbtfw~ d~xrib~d and ahall truly, promptly
snd fully p~rfwm. discMry~, e:etute, compltl~, tomply with ~~d abid~ by esch and ~very the stipulations, pre.nrnn, conditiaa and towrwnb of said
promiswry nott snd o! this Mortya~e, th~o thi~ Mwfy+p~ ~nd tM Est~te her~by vtat~d ~hall aas~ and b~ null a~d void.
s~ IT IS UNDERSTOOD that th~ wwd "Mwtpsqw" whefher in tM iinyulu or plwal anywh~r~ in this Monyp~. ~hall bt sinp~lar if on~ only and
shsll bs ptural joiMly ~nd rtvtr~lly if mor~ than on~. ~nd tMt tht word "their" ~s usd a~ywMr~ in this Mort9+~ sMll b~ tafcan ~o mtan "ha," "Mn,••
u~ "in," wlwrever ti» coroe:~ w impli~s o~ admits. Alw, that wMrever there a• r•f.~enc. in ~h. cownann and pr.emenn h.r.in conrsirwd w~ny of
the pa?ti~s Mreto, t!w s+m~ shall b~ cautrwd to rrKan ss wsll as tlw hain, ky~l r~pr~untatives, suussson u~d ~uiqna (eitMr voluntary by act of th~
parti~s w involunury by opsntion of t!w I+w) of tM sam~ and that tM covsnants her~in contained thall bind and tM b~ntfib and advantayea kw~~
ro the respetliv~ Mirs. Ip~l represenlativp, successors and ~u'~ns of tM partiK Mreto.
And sa{d Matypws, for themulves ~nd ti~ei~ Min, leyal repreuntatives, succ~ssors ar+d ~as'~pns, hereby jointly and wvaaily cov~nant ~nd aQrK
ro ~nd with tM t~id MORTGAGEE, irs succ~swra ~nd +siipns:
1. To pay stl ard HrgulW th~ principal snd im~rsst and th~ v~rious and tundry wms of moneY p~Yabl~ by v'vtw of said promiuory nol~. ~nd thia
mortpa~. ~acF~ and ~v~ry, promp~ly on tIK d~y~ raspectively the iarr~ stwr~lly becar?~ dw.
~~~1 2. To pay all and ~irgulu th~ ta:~~. ~asaimena. Mvies, liabiliti~s, obliyatian ~nd a~nwnb~~ces of ~wry nahx~ and kind now on s+id d~w~b~d
propaty, w tha~ M/fiFiN may b~ impowd. suffered, pl~csd. Iwied, w auas~d therwn, a tMt heresfta n+ay b~ bvisd a asws~ed upon thb Mort~
apt, a tM ind~bt~dneis ~scvr~d Mreby. ~acF~ a~d ~v~ryr, wi»n dw uid psyabl~, acc«dirg ro law, b~fw~ th~y becam d~linqwm. ~nd b~fa~ aery fntKNt ;
a~reches w+ny penalty is incurred; ANO tN50FAR AS ANY ~HEREOF IS OF RKORO THE SAME SHAII 6E PROMPTtr SATISfIEO AN~ OISCHARGED OF '
RECORO ANO THE ORIGINAL OffICIAt DOCUAhEN7 (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfIG1AllY ENDORSED
s-~ OR CERTIFIED) SHALL 6E PUCED IN iHE HANDS OF SAID MORTGAGEE WIiMIN TEN OAYS NEXT AfTER iAYMENT; ~nd in tM wtnt that anr the~wf is no~
paid, sat'~fied and disch~ryed sa:d MORTGAGfE may ~t •ny time pay th~ same w any part thtreof without w~ivinp a aff~ttinp any option, li~n, puity oi i
= •iQht under or by virtue of this morly~ye arsd tho full amount of each ~nd every such paym~nt ~hall bt immediately due and p+y+bl~ and shall b~ar inlNtst
- ~.om rhe dare ~hereof until paid at ra~e o~ nin~ per c~ntum per •nnum and toyetMr ~ s rest shal c ed by tM lien of th:s morqtap~.
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