HomeMy WebLinkAbout2734 ~:~;~s~ ~ . c~ ~
THIS INDENTURE. Mada ths 19th d~y oi .~i1T1e . A.D. 19??~ between
Danny R. Dve and Karen R. ~ his wifp '
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o~ SL • LL1C 1@ ~p~~~y Flaida, he?einafle~ de~ignated ss ~hs "MORTGA GOR," ~nd FIRST FEDERAI SAVINGS AND IOAN #
ASSOCIATION Of fORT PIERCE, a m.pwat~on uyan~zed and exii~~ng under the laws of tha Uni~~d Si ~t~s oi Mwriu and h~vinp iq princip~) plap bi
buainssi i~ tM Ciry of Fon Pieiu, St, tucie County, Flaida, hersinafi~r desgna~ed as th~ "MORTGAGEt: "
WHERfAS the MORTGAGOR is juttiy inde6~ed ro ths MORTGAGEE in the sum of = l~t~ , pood and I~wfut ~y of tM U~whd '
~ S~ates advanced by the MORTGAGEE vnto the MORTGAGOR,.as evidenced by a urtain promisswy oot~ ot ewn oi~e ~Sa~w~id, ot w~4~it1 dk' .1J1WwtiT~ nr-
word~ anH fiyu~es is i trw copy, to~wif:
- :1n~600.00 ~ 3-18,481 ~
F,rt P;.rc~. Flor;d,. June 19 1972 ~
~ Fa value received, 1, we or eitF,er of us, prom;se to pay, without de~alcat~on, to ths order of FIRST FEDERAt SAVINGS AND IOAN ASSOCIAT~ON OF
fORT PIERCE at iwt Pierce, Fbrida, the sum of f 1016~•~ w~th iNerest from date at fhe rate of 7•7'S% per ~nn~m, in monthty install-
~ ~..enrs as fol!ows: f 1~-OO on the 1St day of AuquSt , 19 72 and a like sum on the cwrespond~rg day of each month tAerr
ifrer untif the whole be fuily paid. '
- Each instaNment fint shal! be appl;ed in payment of the in?eres~ and ihen on the unpa~d balance of the p~irx~pal sum. If d sult is made i~ the ~
~-ay~nent of any installmem when due, aod s~ch default continues 30 days, then at the option of the holder, and without aoy other notice, all the remaining i
' ,r,stallmenta shail be due and payabte at ooce. Privilege is given to prepay thea note :rt w}ale o? in part at any time without penalty. Neither faebearame,
nor acccptance by the holder tAereof atter any default en any payments hereon, shall be decned e:lenaion. A late payment charge of : S•~ ~hall be
~ added to each installment remaining unpaid 7 days after in due date, and a like sum shall be added to each such installment remaining unpaid 7 days after
each succeedinp paymenl date.
: Each rmkM, svrery and endorscr htreof, joi~tty and severally, waires demand, presentment protest and notice of protest for nonpaymcot, and further ~
. agreea to ~ny ~~C(e~sion of time of payrrxnt, either before or after maturity, without nof~ce to any of us; and to pay all costs of cotlection, inclvd~rg a
_ reasonaj~li. qtlWh6y'~ fee in the evem of any default hereunde~ and ixreby severatty weives alt benefit of homestead arrd exrmplion under the constitution i
and }aw~'oj Y~ 51ate of the United States, as against this Qbli~qn a any exrension w renewal her ;
~l • ry vy~€ i
~ 1Afit :tF~i~.~Mrd _ of esth party. • ~ '
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ub ~~r: ~ pu . . - t ~ . - _ _ _ ~`"b ` ~ e ls~wu
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_ ~s~aw~p-Mwcr11rd~ «r wi~iw.1 ~.?e+e) ~•s•---•
. NOW, THEREFORE, the MORTGAGOR fw the pu?pos~ o~secu y ent of satd sum of f 10~v~•~ , a++d the per;ormance of ths ~
~ covenants and agr~tments hereinafter expressed, and fa divers 9 nd aluable co~siderations, by tMes~ prosents, does grant, baryain, ~elf, ~emise, S
reiease, convey and confirm unto the MORTGAGEE, iti i~cceuors ~ ns, all that certain lot, piece u parcel of land, situate, lying, snd beinp in the ~
County of St . Luc ie , ~nd State of Florida, described ~s follawt:
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Lot 8, Block 2, AI~tY A~1NA P~'UZK, as per plat thereof on file in Plat Book 4,
page 72, of the oublic records of St. Lucie County, Florida, ~
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S'TATE ~F FLORIDA
u~' DOCUMENTAp" STAMP 7A ~C
~ z - - '"~;'s^ = RECEIYED !N PAYMENf OF TAkES
_.A~3-'72 ~ DUE ON CLASS'C INTMIGIBIE PERSG+.1L PRO~ ERIY,
~ I 590=
U = s. PURStlRNT TO CHAPiER 71•134. ACIS OF 19/1.
iA i1[aT.6f lEMEI:YE _ ~ ;
P.B.,so~~: f - - t+oc~r+ Pemu~ ~ .
C~RI( C1RqlR mURT. St. WCrE 00., FUl ~
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rogether with a!! and singular ti?e tenementa, hereditamenq +nd appv?tsnces lhereuMO belonyirg w in a~ywise apperbininp therefo, s~d ~II r~nri, iuws,
vroceeds and profits acuuing snd to xcrue from ssid premixs, all of which are iacluded in the ~bov~ and faegoiny de~ciiption and Mbendum.
TO HAVE AND TO H04D the above described and g?anted premises unto tM said AAORiGAGEE, its successors ~nd assiy+ns forev~r. Md th~ ~aW
iheir
MORTGA~
R for heirs, executas, adminiitrators and sssigns, hereby covenann with the said MORTGAGEE, it~ s~tcessas and as~ipro,
+har '""e~a re _~~~~iry x~zed of tix sa~d prem~res in fee simple: that the aame sn frN, ckar ~nd discharped fran ~II lieea u~d ~ncw~r
brances in I~w w in equity, ~nd that they their ~~n ~II warrant a~d d~fend the title to the sam~ to tM said
MORTGAGEE, its successors a~d auigns, fwever yainst the lawfvl claims ~nd demands of all persons;
PROVIDED, ALWAYS that if 1he MORiGAGOR ihall pay unto the MORTGAGEE tM promissory ~ote hertinbefw~ desvibed and sFwli fruty, p?omptly
and fully perform, diuMrge, execute, compkte, camply wirh and sbfde by eacF+ and erery tM~e stipulations, ayreements, conditiom and covenan» of said
promissory rate and of this Moregsge, then this Mortga9e and the Estate hereby veated sMll te~se u~d be null ~nd wid.
IT IS UNDERSTOOD that the wwd "Mortyagor" whether in the s~r+gular w pl~ral anywhere in this Matpaye, sMll bt s'ugular if on~ only ~nd
shall be plural jointly and seve~ally if more tha~ ons, ~nd thst the word "their" ~s u~cd anywhe?a in this MortQap~ shall b~ tsksn to mea~ "his;' "hen,"
or ^in;' whcrever fhe conte~et w implies or sdmirs_ Al~o, that wherever there is • reference in the coven+nn a~d ~yreements herein cont~inad to amr of
~he p~nies hereto, the same shall be caurrued to me~n as well as the hein, leyal represem~tives, wccesson and suiyro (either votunary by act of tht
parties w involuntary by operation of tbe bw) of the same and that the covenann herein conuined shall bind ~nd the benefits and advanfa~es inun
ro the respective he~rs, kgal representst'nes, succeuas snd asvgns of the p~rt~es l+~reto.
And said Mortgagors, for ti~emselves snd thei~ hein. leqal represeMatives, succetsors and assig~s, hereby joinNy and severally coven~nt ~nd ~pr~e
fo end with the ssid MORTGAGEE, its successon ~nd assiyro:
1. To pay all ~nd sinpular tbe piinc;pil and inferest ~nd the wrious and s~ndry wms ot ma?ey paYabl~ by virtw of seid promiswry note. ~nd this
mwtQ~ge, each ~nd ev~ry, promptly o~ the days rapectively the iame sewr~lly becorrw due.
2. To pay ~II and singular the taxes, asseuments. leviss, liabilities, obliyaYwm ~~d ~ncumbr~nces of every natur~ and ki~d raw on said desuib~d
property, or that hereafter may be ;mpo~ed, wffKd, plxed, leried, w ast~arsd theraon, w tFut hereafta may M levied a suss~sd ~pon this Mortp-
age, w the indebtedness secured hereby. ~ach snd erery, wh~r? dw ~nd p~yable, accordinp ro law, before tiKy becom~ dslinqusnt, and b~fut ~ny i~ter~st
a+raches or any penalty is incurred; AND INSOFAR AS ANY iHEREOf IS Of RKORD TME SAMF SHALI 8f PROJNPiLY SATlSFIEO AND DISCNARGED Of 7
RECORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAtIY ENDORSED
OR CERTtFIED) SHAII 6E PLACEO IN THE HANDS OF SAIp JNORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in tht ~vent that sny thereof is not
paid, ssf'sfied and dfxh~rged sa:d MORTGAGEf may at any time pay the same or any parf thereof without waiviny or ~ffKtinp ~ny option, lien, eQvity w
•+~ht under or by virtue of this mortgsge and the fuli •mount of e+ch and every such payment sh~ll be immediately d~e and payable •nd shall bear interest
<<om the d~te thercof uMil psid at r~te of nene pe~ centum per annum and /oqether wifh such inrerest thall r lienf q~{~y~cuptaye,
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