HomeMy WebLinkAbout0971 i~~il4i~id
THIS INDENTURE, Made 1he ~ 7t'h dsy of ~ • ,:.y~_ A.D. 19 between
_ Max L. Erwin and Joanne M= ~rxin, his wife
of - St. »cie Go~nry Ftorid~, hareinaftN designared as tAt "MOQIGAGOR." tnd fIRST FE~ERAI iAVINGS ANO IOAN
ASSO~IATION OF FORT PIERCE, ~ corpa~tio~ w9anized and txutinp undH tM laws of th~ U~it~d St~tq of Amt?k~ and havin~ Hs princlpd plec~ of ~
busin~ss in tlw Ciry of Fon Piac~, St. lucie Co~nty, Fiwida, hcreinaite~ d~siynat~d ~s ~FN "IIAORiGA('sEE." ~
WHEREAS tM MORTGAGOR is j~itly indebted to ths MORiGACaEE i~ the ~um of ~ 28J5~~~ yood and lawful monsy ef the Un+tcd ~
. State~ advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory nolt of even date herewi~h, o( whi~,h the followir?~ in
_ wordt and fiyvras is a trw copy, to-wit: '
; :28,500.00 N, 3-18,37~
1 fort Pisrce. Florida. ~ 1V ?2
Fw vafue received, 1, we w eithe~ of us, promise fo pay, without defalcation, to tM ordsr of FIRST fEDERAI S'AV~INGS AND LOAN ASSOCIATION OF
FORi PlERCE at Forf Pierce, Florida, the sum of s 28)~~~~ w;th intere.st f~om date at the rate of 96 pe? annum, in monthly install-
ments ai fo!!ows: = 2~ on the ~ gt day of November ~9_Lb._ snd a like ium on the correspond~np day of each rtwnth there- ;
~ afrer until the whole be fully paid.
Each installment first ~hall be applied in payment of the interesl ~nd thcn on the unpaid bstance of the princ+pal sum. If d ault ia mads in tl~s
- paymeM of any ins?allmenl when due, and auch defauN continves 30 days, then ~t the option of the holder, a~d without ~ny other notice, all tF+e rcmaining ~
~nstallments shall be due and payab~e at once. Privile9e is given to prepay this oote io whole w io part a1 ~ny time without penalfy. Neither fwebearu~ce, '
~ nor acceptance by the holder thereof after any defauh i~ any payme~ts hereo~, shall be decmed extertsion. A late payment chuge of ~ shall bs
~ added to each ins?allmcnt remaining unpa;d 7 days af1e~ its due date, and a liks sum shall be added 1o each such instaflment remaining unpaid 7 days after
each sucteedirg payment date.
Each make~, surey and endorser hereof, jointly and severally, w~ives drmand, presentment protest and notice of protcst fw rwnpayme~t, and furtha~
agrees ro sny txtensan of t;me of payrr~nt, either be?ore p a(tea maturity, without notice to ~ny of us; and to pay all msh of collection, includin9 ~
- reasonabk attaney's fee in the event of any defauh he~cunde?, snd hereby severally weives ~II banefit of homestead u~d exemptan under the cautituYan
; and laws of each Sate of the United States, as against this obtigatioo w any exteniion or renewa) he~eof,
Wi?ncu the hand and teal oi ~xh parry.
_ Max L. II~rln ~~q
cs~?u
_s Joatme M. ErKin ~U
• 75 ) Statt Reverwe ~U
(6mnp~-aw+c~llei-en~ei~lnd-++e~~-
NOW, 7HEREFORE, the MORTGAGOR for tM purpose of secvring payment of ~aid svm of i 28~5~.~ ~ t~ pN{a~,Ke of the
coveninti and agraementi hereinafter expresscd, ar+d fw diven ~ood and vat~sbte considerations, by tM~ presents, does grant, baryai~, se11, remise,
release, tonvey and confirm unto tl~e MORTGAGEE, ib tutcesson and ~uignt, dl thaY cert~in lot, piete or puce) of Isnd, situat~, (ying, and beinp in the
County of ?Sti• IdIC~6 , and St~te of Flaida, destribed as follows:
Lot N, Block 34, RIVER PARK, tTNIT 4, as per plat thereof an file
in Plat Book 11, Page 9, of the Public Rreeords of St. I~ucie
Cainty, F1oMda ~ ;
)t=2{U%~?
W S~~f~[ t-- , i__t ; x
~ ~ ~ - - - -
? ~ _ ~ ~ : ~ 4 2 ~ ~ - ~ Hf PAnAE11i OI ?R~
~ ~ ; t::._, ~.~'-._.f~ l'-- ~ •C tN'I~tG1~lE PE;tS.::ial ~.'FiMr.
`t~y. „u ? : z D~ ON C1,11SS
~ Tp p~p-*'? ~1•13~1. AC1S Of 11111.~r ,~J~
ppGEft 80liNA4 J/
ai~ Cl~ppT pp~Rt, ST. tJl~E 00., !tR
rogether witM all ~nd singular the tenemenb, hereditamenb and ~ppurtsnces thereunto b~tonyirq w in anywiss apperfainina tF~sfo, and ~ll renri. hswa,
proceeds ~nd pro(~a ~cuuinp snd to xcrue irom said premixs, ~II of wiiKfi u~ included in ths ~bov~ ~nd fw~yoiny d~scription and h~bendum,
TO HAVE AND TO HOID the sbove describad ~nd yranted prem;~et unto t1~ aaid MpR1GAGEE, its sucauw~ and ~ssigns faewr. Md th~ ~a1d
MORTGA~Gt~OR iw - the ~I' he+r~, executors, ~dministrstora •nd aui9nt, hereby cov~nanri witl~ tM sa'id NSORTG/1GEE, its succeuws and asigro,
?hat - wa~X-~~--- ~~wfully seized of the said premaes in fee simpl~; tMt tM s+m~ ar~ frK, clsar ~~+d discharyed from aIl liens ~nd encvm~
brances in law or in equity, and that thev will and their hein thall wurant u~d defsnd tt» titt~ to tM swn~ to t!K aid
MORiGACsfE, irs wccessors ~od tuiQra, forwer ayairot t!» liwful claims and dem~nds of ~II peraonst
PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto tl+e 1NORTGAGEE tht promissory ~ot~ htr~inbtfor~ destr;b~d and shall truly, promptly
and fully perfwm, d~xharpe. execute, compkte. comply with •nd ~bide by exh and every tl+t itipulatio~s. yre~me~ri, conditiwu ~nd coven~nts of ~a;d
promissory note ard o~ this Mortgaye, then rhis Nlortyape and the &t~te hereby ve~ted shall p~e and be rwll u~d wid.
!T !5 UNDERSTOOp tMt the wo~d "MortyaQor" whefher in tM sinyular or plwal ~nywh~re in this Mortyape. sh~ll b~ sinpular if on~ only aed ;
shall be plwal jointty •nd sewenUy if more than one, and that thQ wwd "their" as used ~nywlNr~ in tha Morfy~ sMll b~ taken fo mea~ "his:• •'heis•. t
o. "its:' wherever the context w impl~es a admits. Alw, that whsrever there h~ ~tftrenc~ in ~F~ covenarits Md apreements hertin oont~iiwd to any of
rhe parties h~reto. the sarnt ~hall be construed to me~n as well tM hein, lepa) r~pr~sentative~, aucc~uors and qsiprq (tith~? volunt~ry by ~ct of tM
panKS w involunury by operatio~ of tM I~w) of the s~me a~d tha~ the covenanb her~in coma~ned sh.11 bnd •nd ~h. benefin and dv~ntpes inw~
ro the rap~ttiw he'us, kyal ~epiesentatires, succasors and au~9ro oi tM putie~ hereto.
Md said Nbrty~pws, fa tMmulves ~nd their heNa, leyal repre~enutives, succ~ssors ~nd ~uiqrn, hereby jointly and ~verdly COVtMM ~rN
to ~nd with t1w uid NIpRTGACsEE, ita tuccessors and assiyro:
1. To pay all and si~pulu th~ principal and interest ~nd tFw various ~nd iundry sums of mw+er paY~bl~ by virtw of said promissory noM. ~nd thia
~*~wtyaye, sach a~d weiy, pranptly on rhe d~ys respectiv~ly tM iam~ wv~rally bscpm dw.
4. To pay ~I) ~nd argutx the t~xa. +ssessmenn, kvies. liabilities, obliy~trons a~d e~cumbrancts of ~very natur~ and kind now on said dtsaibed
P~~nY, a that he~eafte~ may be imPosed. wffered, pl~ced. I~vi~d, a au~s~d tl~eon, a that her~~ftN m~y b~ levied a ~uesssd ~poa this 1{Awp.
+fl~, a tM ind~btedn~a kcured hereby exh and erery, whe~ due and p~y~bl~, ~ccordinp w I~w, b~for~ tF~ry becom~ d~linquent, ~nd btfw~ a~y intMnt
anaches a any psnalfy is_'v~curred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAMF SHAII 6E PROMPTIY SATISf1EO AND DISCHARGEO OF
RECORD ANO THE ORIGINAI OffIC1Al OOCUMENi (SUCF{ AS, fOR tNSTANCE, THE TAX RECEiPT OR THE SATtSfAGTtpN oAPER OFFlClAIlY ENDORSED
OR CERTIFIED) SMAIt 6E PUCEO IN THE NANOS OF SAID MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMEN?; and in th~ ewnf that ~ny th~~eof is no1
p+~d, sat sfied and diuharged sa:d MORTGAGEE rrwy sl any t~me p~y ti~e same w any puf thereof without waivinp w~ffectirq any optqn, Iien, pvity p
•~aht u~der a by virtue of this morrgaqe and the full amovnt of exh and every suth payment sMll b~ imrtrediattly due a~d pay~blt and ihall b~~ intNes+
~~om the d~te thereof un~il ps~d ar rare of n~ne per cenrum per annvm a.~d ~oye~he~ w~~h wch~ e be secwed y the lien oi th:s mwytap~.
~ ~7~
.
~F~ ~ x_
~ . ~ ~ _ - ~ Y -
~ T~ . ~
. . . _