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HomeMy WebLinkAbout1995 , - , ~ THIS INDENTURE, Mad~ ~hs 23rd d+y ot .7une ~.p. ~9~? b.M,..~, blary Frances Smith, a sinnle a~lult of St . i.UCle Gcunty Florida, hereinaftK dtsig~ste~! si the "MORTGAGOR," and fIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, a corporation o?9anized and exi~tirg under tM laws of tM Un~~ed St~t~i of Am~rica ~nd Mvi~p in principal pl~ct of buii~tss in th~ City of fort PiKCe, St. l~tie Couny. florida, he~~inahK d~siynabd as tM "MORTGAGEE:' WHEREAS iM MORTGAGOR is justiy indebted to the MORTGAGEE in ths sum of s 7- 2~ ~ good a~d lawful money of the Unlted Sfatet advanced by ths MORTGAGEE unro ths MORTGAGOR, as evidenced by ~ certain promiuory note of even date hertwitb, of which tM followinp in ~ wordi and fiyures is a trus copy. Iowit: = T~200_00 ~ 3-1$,501 ~ P~~l. F~~. June 23 ~y~2 ~ Fw value rcce+ved, 1, we w eithe~ of us, promise to pay, without defalcatioo, to the orde~ of FIRST FE~ERAL SAVING~SS AND LOAN ASSOCIATION OF t FORT PIERCE af Fwt Pierce, Flwida, the sum of = 7~ 2~' ~ with interest from date ~t ths rate of 7• 96' per +nnum, in monthly instalb ment~ af ~OllOwf: S 64 •QO on fhe lSt ~y of Al1cN5t , ~q 72 ~ ~;{c~ sum on the careipa~dinq day of e+ch month tFKrr ~ after until the whole be fully paid. ~ 3 Each installment first shall be applied in payment oi the interest and then on the unpaid balance of the p~incipal sum_ If d sult is made i~ fhe ~:ayme~t of any installme~~t when due, and such default continues 30 days, thcn at the option of the holder, and wi~hout ~ny other notice, atl the remaining ~ns~allments shall be due and payable at once. Privilege is given to prepay this rate in whole or in psrt at any time without penalty. Neither forebearance, nor acceptance by the holde~ thereof afrer any defauh in any payments hereon, sF~all be deemed extensioe. A Iste payrnent charge of S 3• 2O sha~l b~ added to each in~tallment remaining unpa~d ~ days after its due date, ~nd a tike sum shall be added to eacA such initallment remaining unpaid 7 d~ys aher each iucceeding payment date. Each maker, surety and erxlwscr hercof, jointly and severaily, waives demand, presenrment p~otest and notice of protest fw nonpaymenL +nd fuAhe? - agrees to any extension of t~me of payment, either betore or after maturity, without notice to any of us; and to pay alI costs of collection, ir?clud~n~ • reasonable attorney's fee in the event of any defauh hereunder, and hereby severally waives all benefit of homes~ead and e:emption unda the constitution and laws of each State of the United States, as aga~nst this obligation a any extension a renewal hereof. Witness the hsnd and seat of esch party. (S~AU S ~tary Frances Smith, ~U a single adult ~~U (s~?u ~ 1~.80 1 State Revenue {srarwps swwell~d~w -oriyi~+a~ ~ae) NOW, ?HEREFORE, the MORTGAGOR fa the purpose of securi~g psyment of ssid wm of = 7~ 2~ a~d the pe~formance of ths covenanb snd agreements F+ereinafter expresscd, and fw divers good +nd vsluable consideratio~s, by these present~, daes grant, barysi~, ull, remise, re:ease, convey and confirm unro the NIORTGAGEE, in suscesson ~nd ~uigns, all tMt certain lot, piece a pucel of land, situste, lying, and bcinp in the ~ Co~nty of St . LuC 1@ ~nd Stste of flwida, dexribed ~s follows: ; Lots 3 anc! 4, Block 3, of the Re-Subdivision of FAIRAtAUP PARK, as per plat thereof on fiie in Plat Book 3, page 49, public records of St. Lucie County, Florida, ~ _ < ' OF S1ATE FLORI[~A E ~ DOCUMENTAa~ STAM~ - ~ ~ o -~pj26~ d~ : 43 i o a o- ~ r = ^ G ` V Otii.OF tf~E~=_ f.- P.8.190112 - j~~ ia Pnv~~tr of taxs R~g~ C 1N~~iGIBLE ~RSONAL PROP~nr Q p~ ON ~~jER 71-134. AC1S Of 1911~J1~~ ~ pUiiSW~ pQ11f1AS CtRCUI~ COUitT. S[. Lth:if GU•. Fu' ~ togetF?N with all and aingular the tenemenb, hereditaments and ~p{w?tsnces therwnto b~longirg or in anywae appeAaininp thsrtro, and all r~nb, iss~es. ~ p~o;eeds and proii» acaui~g snd to accrue from ssid premises, all of which are inciud~d in the ~bov~ ar+d fotpoirg dnc~ipYan and Mbsndwn. ?O HAVE AN TO HOID the abov~ described ~nd yr~nted prem+se~ unto tM s+id MORTGAGEE, ib succ~uws ~nd ~uigro fwewr. Ared th~ said 4 MORTGAGOR fw ~eT - hehs, executon, sdminiitraton ~nd asigns, hereby coven+nn with ths uid MORTGAGEE, its succ~sson snd assipro, ~ rhar Shl' 15 lawfulty seized of tt+e s+id premises in fae simple: that tFw s~ms ar~ frea, clear ~nd d'achar~ed from all IiEr?s and anc~m- s ~ brances in law o+ in equity, and that She will snd her l~ein sF~all wurant and d~fend tM titl~ to th~ s~rn~ to the sald ~ ~ MORTGAGEE, its s~ccesson snd suigro, forever sgairot the I~wful claims and demands of all penons; ~ PROVIDED, ALWAYS thst if tFw MORTGAGOR shall p~y unto the MORTGAGEE th~ promiuoty note her~inbefor~ dewibed u+d tMll ttuly, promptly and fulty perfwm, d~schuge, execute, complet~, comply with snd abide by ~~ch and w~ry the stepul~~iw~s, ayreements, conditioos ard cover?+nn of s~id promiuory note and of this Mwty+ye. then this Mwtga~e and the Esute hereby ae+ted ~II uase and be null ~nd wid. ~ IT IS UN~ERSTOOD thst the word "Mo?tyapor" whether ir+ the s+rgular w plwd anywMr~ in this Mort~ape. shall b~ sinpular if one a?ly ~nd ~ shall bs plunl jointly ~nd severally if mor~ than oee, aed that tfw word "the'a" ~s used snywhert in this Mortpa~ tFull be t~ken to mean "his:• •"h~~s:• ~ or ••its:' whereve~ the conte:t w implies or admits. Also, that wherever there is ~ refaence in th~ covenants and spre~ments herein contained ro a~r of fhe partees hereto, the s~me ~hsll be consnued to mesn u welt as the hein, kyd rtpresentatives, wcussors and ~ui~m (either voluntary by act of the s partid or involuntary by operation of the Iaw) of the sarne snd that tF~e covensnn her~in contained sMll bind a~d the benefin ai~d ~dvant~ye~ i~wre ~ ro the respective hein, leyd representatives, wtcrssors and au'yns of th~ psrties hereto. ~ And uid Mortysgws, fw tl+emselves and their heirs, le~al r~presentatives, succeswn ~nd ~uqm. F?~reby jointly ~nd severally cove~u+t and apr~e ~ ro and wirh the said MORiGAGEE, its successon and auiyro: 1. To F+ay all ~nd tin~ubr the principal and interest ~nd the variovs snd wr+dry wms of money payabls by virtw of said promiuwy rate, and this ~ ~ mortyage, each and ~very, prompity on th~ d~ys respectively the sune sewrally bec«n~ dve. ' ~ 2. To pay all ~nd ~inyul~r the taxes, usesin+ents, levie~, liabilifiss, obliy+t~an and encwnb~nc~s of ev~rp natw~ u~d kind now on said describsd ? ~ prop~rty, w that here~her may be ~mPosed, suffereA. Placed, kvied, a~ssessed thereon, or th~t her~aftar may b~ levied or uxssed vpon tf~is Morq- # ~ age, w tFN i~btedn~ss secured hereby, esch ~nd evsry, when due and p~yable, aaadinp to law, beiwe they become delioqwnt, ~nd befa~~ ~ny iMKest ~ attaches a any penalry is irtcurred; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPTLY SA115FIED AND OISCHARGED OF RE~ORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISfACTION PMER ~FFICIAUY ENDORSED ~ OR CERTIf1ED) SHAII BE PLACEO IN THE MANDS OF SAID MORTGAGEE WITHIN tEN DAYS NEXT AFiER PAYMENT; and in tM event thst ~ny thereof is no1 ~ pa~d, sat'sfied +nd distharged sa:d MORTGAGEE may at any time pay the same w+ny p~?t thereof without w+ivi?g a affettirg ~ny option, lien, equity or nqht under o~ by virt~e of this mortgage and the full amouM of esch and every iuch paymeM shall be immediately due and pay~bte snd shall bear iMaes~ ~ i•om the date thereof votil paid at rate of nine per cenwm per aonum ind toyether with such intere t II red by ,t~° lie of th:s mor9tye. B00 PAGf1~~ ~ . ~;t _ LL .~"i~ r .,.2 i'~%,~ .:x x$ ~ ~M ] ~ ~ ~ ~ " ~:c.c~' ~i ~~'S~~ ~j~ . ~ c~ _ .un.t.^3 c _