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HomeMy WebLinkAbout0926 ~ ~9353- THIS INDENTURE. M~tl~ N~~ 3rd Ma 19 ~2 y~,,~ Jauees W. Rttedy arxi Rut e y, s rr e, of St • LUC e County Florida, h~ninafi~r dKipewhd as th~ "MORTGAGOR," ud FIR51 FEDERAt SAVINGS ANQ IOAN ~?SSflCIA?ION OF FORT PIERCE, ~ cwpor~tion wp~nf~d ~nd ~xatinp ved~ tM liws oi IIN Unit~d St~hs of M»rka and h~vieq iq pr)ootpal pbp of businas in th~ Ci1y of Fat PJaa. St. lvd~ Covnb. f~orld+. Mrekuha~ d~sipn~tsd a th~10 000.00 YVHEREAS tht MOR?GJIGOR is justiy 4~d~W~d ~o fh~ MpRTGAGEE in tht sum of ~ • ~ooJ ~nd I~wfvi mwwy oi tM Un;t~d Sta»s ~dv~e~ad by th~ MORTGAGEE w?to tM MORTGIIGOR, as ~vid~nc~d by a art~in promipory not~ of ~wn dat~ hKwvitb, o( which tM (dlowlnp in s O; ~fipw~ & a trw topr. to-wit: 3-18 ~ 301 • w~ o~.o., ~o.~+~, May 3, ~9 ~2 Fo? vaiw r~ceived, 1, we a~itM? of vs,~°~j~ to withoW d~f~lution, to tM ordK of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Faf Piaa. FbrWa, tlw wm of ~ with int~rat from d~t~ at th~ rah of 7• S~ pK ~nr?wn, in nanthly irotall- menn as fdbws: ~ 81.00 Zst ~Y af July . 19 72 and a lib wm on th~ corrNpa?dinp day of ead? monM tl~n- aft~r until tF~e whob b~ fuliy paid. E+ch irotailment fint ~hal1 b~ applisd in piyment of tM lnt*rest a~d tMn on tM ~np~id 1»bna of tM priedp~l wm. If d wh b md~ h tM wrma+t of any ins~•Ilmsm wh.n dw, and wd~ d~favh continws 30 d~yt„ th~n at tM option of tM ho1dK. ~nd withoW ~ey WI?K not~u. all th~ ran~i~?inp l~ irut~llmN?b i!?~il be dut and p~yabl~ at onos. Privilp~ h pivea M prp~y thts iat~ ln who1~ or h psrf at any t1m~ vv~tho~l pNNby. NNI OS ~arana. nor acupta+p by tM hotdN therwf sher ~ey d~fauh in a~ry psym~oq iwson, shrll be d~n~d ~xt~nsioe. w 1•r• p.ymM~ dw~. of ~ 4 . sh~i) b~r '~J added to ~sch inttallm~nt nm~inirg unpaid 7 days afta, Ns du~ d~ts, and • lib wm sMll b~ aJd~d to tach auch instalknN?t ran~kiG+p w~paid 7 d~ys after each praNdirp WYnwnt d~te. Each m~k~. wroty sod Mdoru~ hsrwf. iointh and severaity, waiws demsnd, pr~sentm~nt prw~at and notia of protest for noapayma?t. ~d f~tlwr egrees to ary ~xtensio~ o# tim~ of payment, either befor~ or ahe? matwity. without not;~ to any of ust and to p~y all ewb of cdi~ction, i~ch~dinp a reaao+Nbl~ anorney i fe~ in ths evant of aey default hereu~der, and Mr~by t~verally w~iv~s ali benefit of horn~stead ~nd ucanption w~d~r th~ eoeatilvlbn and laws of exk SuM of tl» United States, as painst this obli~tion w any ~atMSion a renrwal M?wf. ~Mes~ th~ hand u~d ~sl of e~ch p~rty. ' S/ Jaaes w. ReedY ~y R~?U ~ S Ruth Reedy ~ t~u~ ~ $15.00 ) Stah R~wrw~ f~~ ~?~1N~~I~MArAaMf NOW. THEREFORE. ths MORTGAGOR for 9M purpw~ of tecv~i^p W1m+eM of aid sum of ~ ZO ~ 0~' ~ .~ad the pKfonnww of fIN cow~?~nts a~d apnem«+ts I~ein~her ~xpr~ued ad for d'iven pood and valwbf~ aoraidaitlww„ bf? tlw~ Pr~sM+tt. das ~am; b~.p~iq, selb nmi~. ~ releas~, tonvhr and tonfirm unb tM MQR?GAGEE, its woosssws and assipnt, ait tMt ouain lot. Pi~a or p~rpl of ~ad. ~ituah. ~Ykp. and b~Gg in tM ~ l~ cow,,y ,t St. Lucie a,d st+,,. of F~o.;d., d.wibd .s fd~ow.: V Apartaent 8-1-107 of COLONNADBS OONDOMINI[~iS N0. 4, a condoainiud according to the Declaration of Condo~inivs zecorded in O. R. Book 198, at paqe 2833, of the Public Records of St. I.ucie County, Florida, as the saae is aae~nded in O. R. Book 199, at page 850, of the Public Records of St. i.ucie County, Rlorida, 1~OGB?HBR WITH all of its appurtenances according to said Declaration, ~ . W STATE ~F FLORit~A ~ DOCUMEN?'Ao„~~ TaNiP TAX • ~~MED 4- 0 0~ M ~ = iuriz~z O O _ p~ ~ ntr~siet~ ~ ~ ~t ° = ~ 5 _ ~ ~n.~~t, ~ ~~err, v~ v ocFr.o~ ur~nc ~ c~/' P.B. i:o ~ ~ t=.. aE~di qRp11i COlIRT, ~xe . , to~etha with all ad sirgular th~ t~rwnts. lwr~d'itamN+b and app~rt~nas tlMn~wNO b~lonpinp a in ~nywiN aPP~+Y ~?NO. ~nd ~11 ~b. D~oewd~ r~d pofits aaruirg a~d w aeau~ irom wKi pr~.::sd. t.f •~~.~-~.4 a~t !!r ~!+r± rd fer~eoiew~ d~wfotion and h~bM~dun~ TO HAVE ANO TO HOLD tM ~bw~ daeribed and pr~e~d pr~iws umo fh~ ssid MORTGJKiEE. Ns woowors and a~lpns lonwr. Md /h~ wW MORTGAGOR for theii ~xswton. ~dm&?isnatws and ++sipns. Iw~bY aov~n~nU wi11? th~ s~id NWRTGAGEE, ia woc~won and aMipN, rh.t thev al' e ~wfvly s«ud of th. aid pr«niws in f.~ simple~ HNt Nr wn~ an fr.~, d..r .nd di.dwp.d fran dl Wns ~nd ~ncvn~ br.nps in ~.M? « in .qvity. .ed tl~.r thev r„ix .~a their h~iis sh.u w,r..nt «d d.t.ed th. riN. a N+. s.m. a+h...ld MORTGAGEE, in wac~ao.s and aaipM, forev+r apaina tl~ lawful dainr ~nd dMnanb of all prsoir= PROVlDED. AlWAYS Nut if th~ MORTWIGOR ~MII pay u~MO th~ MORTCsA~GEE th~ pr~omh~ory nob I~ninb~fon davib~d and shdl truly. P~V~h ,nd fulh? Pwfonn. d'adwp~. ~x~cuN, complN~, complY with ~rd ~bid~ bY ~h ~td ~v~ry tM aipulatioir, aprNn+~M~, oondi~ions ~nd oovManb d s~id promiuay not~ ~nd d tNs Mortpq~. ~hrn tNs Mo~qap~ and th~ btat~ Mrrby awt~d a1wU na» and b~ null and void. IT IS lJIVDERSTOGIC tlwt t!» wad "Mo~tpapo!' whetMr in the sin~ular a{ pluril anywh~n in tN~ Mortpp~, ~II b~ ~irqular if ory only and shall b~ Plunl (oim~p and Nwnlly if nar~ th~n on~. and N~at the word "tlwY' M~w~d ~nywhM~ in this Mapp~ ~MII b~ tak~ to mw~ `7Js," "M~s," o~ "ib.° wlwrw~r th~ oonh:t w imptia a admifa. Abo. M~t wlwnv~? fh~n t~ a rrfK~nre in th~ oownrMa and prwewnM Mrein comaMNd b any of tM pAi~a Mre~o, th~ sanw ~11 b~ ao~rtnNd b en~an a~ vwll as th~ Min. M~1 np~+s~nt+tivw, n+oc~s~oes and a~ipns (N1M? voMw~tary by ~ct of tM P+ni~s a MHdur~t+~Y bY op~+tion of tM bar) of tM ~am~ ~nd Mwt tM oov~nb Iw~in oomaimd ~FMIt bind and th~ b~fin ~nd ~dv~ntpw irwr~ ro tM n~patM Mis, bpal npre~aetativh„ aioas~o~s and aabna of th~ par~ia lwNO. Md sdd Mortpapoa;, fa th~nrelws and tMir Min. Ipd npr~atiw~, wocNwrs ~nd a~ip^~. tw?~bY i~~Y and Nwrdlp aov~nw~t aad apr« ro and witb th~ ~aid MORTCs~AGEE. its wa~s and aagnt: 1. To p~y all ~nd sinpul~r th~ prkKipd anel ima~t and tM va?ioua ~nd aundry wm~ of mon~y p~~bf~ b~r virh?~ of s~id prornis~orr eote, and HJs mortppe. wd~ ~nd ~wry. P?orRWh on th~ d~ys rap~ctivdp tM sanr a~w~dl~r b~oonN dw. 2 To p~y aN and sinpulr th~ taze~. at~urnNMS, Iwi~s, liabililia, obli~tipM and ~nc,umbnnaa of rrKy n~1ur~ and kind now o~ s~id dpcrl~d prop~tty, or thN Mrtafta m~r b~ irnpw~d, suff~n4. pland, bv1~d, or a~ad tha~oA. or tMt INnafl~r b~ fwi~d a wawd upon fl~ Mortp~ aq~, a fh~ ir~bNdnas ~ea+nd Iwsby. ~rch and ewry, wFwn dw and payabb. +ooordinq b I~w, b~for~ tl~r b~ooeM delM~quMM, and b~tor~ a~ry hN~r~t att~cMs a anY P~^~~h is inaKred: AND INSOFAR AS ANY TFiEREOF IS Of RKOltD ?HE SAME SHAII DE ?ROMPTIY SATISFIED AN~ OISCNARGED OF RKORO AND THE ORIGINAI OFfK1Al DOCWNENT (SUCH AS, fOR iNSTANCf, THE TAX RECFII~T OR THE SA?ISFACi1pN PAPER OffICIAILY N+IpORSEp OR CER7lF1EC) SHAtI dE VIACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN QA1f5 NEXT AFTER ~AYMENTj ~nd in tM rrrM thN ~?y thn~pf 1~ no1 p+Fd, sat"~fi~d and disdwp~d said MORTG/1(sEE m~y N~ny time pay fM swn~ a a~ryr part tlwwf without w~ivirq a ~ff~cfi^D +~h? aM~. q~h? w •iqht w~ a by virtue of this mwtyp~ ~nd the full aenawrt of each ~d ew~y w fi Wlrmei» ah~ll b~ immed'i+tdy dw wid payabb a~d s1w11 Mar irM~at kom the dst~ tMreoi until paid at ~are of ~in~ per centwn pK ~ix~w~ ~rd fopNiwr w~th wc~fi imKest sl~Il,btt~ bp th~ li~n of th:s ~norotap~. 80CK ~V~ PACE ~~U ~ = . ~ n ~.~.:=b. - _ _ _ - - . _ ~ V ~ ~ . - _