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HomeMy WebLinkAbout0531 . 23319$ ~ , . ~ ' , ~ , , THIS INOENTURE, N4d~ the 28~ dsy of 'Tune A.D. 19~s., betwMn Ral nh B C~ t~hAl l gnd Ri~ tb 4 Cr~t~ 1 1,.:~ i~,~ff'ra of - ?St. LLlCj.9 Covnty Fbrids, herein~ftK deign~tsd ~s the "MpRTGAGOR;' and FIRST FE~ERAL $AVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a cwporatron o~pa~i:cd ~nd ex~i~inp under fhe laws of tM United 5~~~~s of ItmKk~ ~nd kavir+p iq principal plac~ of busi~eu in tM City of Fort Peac~ St. lucH Couny, Fbrid~. Mrsiruher desipnated aa tM "~p EE WHfREAS tM MORTGAGOR is juitly i~+debtad to tM MOltTGAGEE i~ the svm of i 1 u' O~ ; g0od u~d lawful money of the United S+ates advarxed by the M~RiGAGEE ~nto the MORiGAGOR. as evide~ced by a ceria~n promiuwy note of even date herewitb, of which the followinp in words and (iyures is • trw copy, to-wit: s ~ o, o00 . oo 3-~ 6, 5~ Foat Pierc~. Flwida, unA 2~ 19~ ~ Fo~ value received, 1, we w eitAer of us, p?omise to pay, witlw~f def~lution, to the ordcr of FIRST FEDERAI SAVINGS AND IOAN A550CIATION OF ' FORT PIERCE at Fo?t Pierce, Florids, the sum of • 0~ Z p with intereit trom date ar the rate of • % per annum, in monthly instst6 ~ ments as foltows; : V~ •00 on the ~$t day of ALlgldB~ ~y~_ a like sum on the cwreipondin~ day of each month fMre- ~ afte~ until the whole be fuJly paid. fach installme~t first sM11 !x applied in payment of the interest ~nd the~ on ths unpaid balance of the pri~ups) wm. If d sult is mads in tM paymenl of any ins?allment when due, and wch defauN tontinues 30 days, then at the opYr~n of the holdq~, ~nd without any other not%ce, atl the ~emaining ~ installments shaU Ex due and payable at once. Arivilege is given to prcpay thia note ir~ whole w in part af any time without penahy. Neither forcbear~nce, nw acceptance by the holder thereoi afte~ anp defaulf in sny psyments hereon, shsll be deemed extenieon. A la~e payment charge of S ` ~ sh~ll be added to each i~stallment remaining unpa~d 7 days after iri due d~te, ar.d • like sum shall be added to each such instaitment ~emaining unpaid 7 days after each wcceeding psyment date. ~ Each maker, surery and e~donar hereof, jantly and severally, waives demand, prexntmeM p?otest and notice of proteat fw raopayment, and fwtFa~ a9rees ro any eatens'ro~ of time of payment, either before a after maturity, without notice to any of us; and to pay all costs of collection, includiny a ~ reasoieable anorney's fee in the eve~t of any defauk he~eunder, and hereby severally waives all be~efit of homestead and exemption under )he constitution and laws of each State of the United Ststes, as against thi~ obltgation pr a~y eztension a renewal hereof. ~ Witness the hand and ual of each party. - sL Ral,ph B. Getchell ~ cs~?u ~ ~ s Ruth C. Getehell ~ ( ~1 5' 00 ) State Revenw ~U (~~11dsQaipivakmaa) NOW, THEREFORE, the MORTGAGOR fw the purposs of secvring payment of ssid sum of 0~ . 00 ~nd tM performance of the covtnan~s and agreemenr~ hereinaher expreued, and fo? divers good and valwbte considerations, by these preseeus, does yrant, b~rysi~, sell, remise, ~ release, convey and confirm unto the MORTGAGEE, its tuccessors and sugni, all thst ccrtain lot, piece or parcel of tand, situat~, lyinp, and beinp in ths t County of - S~. Lueis ~nd State of Florida, desaibed as fotlows: `~1 Apartment B-I-206 of COLONNADES CONDOMINIIII~LS N0. 4, a condominium according to the Declaration of Condominium recorded in 0. R. Book 198, at page 2833, of the Public Records of St. Lucie County, Florida, as the same is r~mended in 0. R. Book 199, at page 850, oi' the Rtblic Records of St. Lucie County, Florida and O.K.Book 201 at page 2744, ~ TOGETHER WITH all of its appurtenance9 according to the said Declaration, 4, S i t~?"(" f= U I-11 U~? c~ F DOCUME~7A~'' STA~P T~ ~ RECEryEp 0.00 ~ = J0.12'72 h~`.~ ' CLASS 'C' 1 ~ ~ P~ ~F TI~S - _ ~ = i I 5 0 0 = ro ,~w;~ ;B~ ~ ~orEn,, N V nt~t.ot REr~~.uc = A06FR pp~T~ ~ 19ll~jr P.B.~9o~~z ~r c~curr couRr. sr. wciE o~ U . ~K ' rogether wPth all and singular the tenements, herediqments ~nd sppunances therevnto belonping or in anywiae ~pp~rtaininp thaeto. ~~d aU rents, issues, proc~eds and profin scu~ing and ?o scuve from ssid premises, ell of which are incl~ded in tFK above and fw~qoinp desaiption and habe~dwn, TO HAVE ANO TO HOID the sbove desc?ibed and gr+~ted premises unto th~ said MORTGAGEE, in wooessors and assipro forewr, Md t1y pid MORTGAGOR for the~,r executon, sdminist~aton snd •uigns, hereby covee?aob with fhe s~id MORT6ACaEE, ih suaesiora +nd ist3pns, ~hat - th@~ ~r@ lawfully seized of the ssid premises in fee simple: rhat th~ sarrK are fr~e clear and d'ach~rped from ~II li~m ~nd ~ncwn. brances in law a in equity, and that thev W~~~ s~ t,heir ~~n shs~~ „y~n~nt and defend the titl~ to the a~ to tM s~id MORTGAGEE, iri successors and assigns, fwever s~ainst the I~wful clairru snd dema~ of ~il persoroi PROVIDED, AIWAYS tMt if the MORTGAGOR shatl pay unto ti~e MORTGAGEE th~ pran'~swry note Mreu?befors daaibed ~nd sh~ll truly, p~omptty and fvlly pe~form, d~scharge, execute, complete, comply with and abide by sech aod every the stiputitions, aQrlemtn}f, Cpnd~tiOM ~nd COVMinff Of Mid promiuory note snd of tha Mortgage, then this Mortysge and the Estate hereby ueated ahsll ceas~ and be rwll and void. IT IS UNDERSTOOD that ~he wwd "Mortg~por" wlxther i~ ths sengular or plvral ~nywhere in this Mortysye, sh~ll b~ sinpulu if on~ only and shall be pl~ral jointly and seve?ally if more than one. ~nd that the word "their" ~s ined snywhere in this AAortyay~ shsll be taken to m~sn "his," "Iwrs;' o? "its;' wherever the context w implies a~dmits. Also, that whereva the?e is a r.ference in ths coven.nn K,d a9reemenn her•i~ oon~ain.d ro ~ny of rhe partie~ hereto, the s~rt~e shatl be cautrued to mean ~s well as the heus, lyal rapresentatives, tuccessors and assipro (eithe? voluntary by act o( t!w parties or inwluntary by oper~rion of ths law) of the same a~d tl~at ths covenants herein contained shall bind and the benefits and ~dv~ntapn inw~ ro the reapective hein, leg+l representatives, successors and au~yns of the p~rties haeto. And said Mwtyagon. fw themselves s~d their F~ein, leyal representatives, successors ~nd assign~, hereby joi~tly and s~v~ally covenant and aprk ro ~nd with the uid MORTGAGEf, its succeison and ~uigrn: _ 1. To pay elf and sirgvla~ the principal arK! interest and the variovs u?d sundry sums of moneY paYable by virtw of ~sid promiiwty note, and this mwtpa9e, each ~nd every, promptly on the d+ys respectively tht same severally become dw. 2. To pay dl ~nd sirgulu tlx t~xes, sscessm~nn, levies. liabifitiei. obliy:Ywro and encumbrances of ev~ry rntur~ u~d ki,+d now on said d~avib~d property, a that F+sreafte? msY bR imposed, wNer~d, ptated, levied, w as~eued she~eon, a ti~st hereaftq m~y be Ievied a ~ssested ~pa~ this JlAort~- +ye. a ~M indebted~ess sen,red her~by. each ar,d ~vay, when dw and payabl~, accwdir~y ro law, before they becom~ delinqveM. ~nd before any intaest anaches w sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAJNE SHlllt 6E PROMPTIY S/ITISfIED AND DISCHARGED OF REGORD AMD THE ORlGlNAL OFFlCIAI pOCUMENT (SUCH A5, fOR INSTANCE, 1HE TAX RECEIPI OR THE SATISfAC710N P/1PER OFFICIAILY ENOORSE~ Ok CERTIf1ED) SMAII BE PtACED IN TME HANDS OF SAID MURTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the evtnf tiut any thereof a not paid, sat'tfied and d7sch~rged sa:d MORiGAGfE may ~t any time p~y the same or arty pin thereof withoirt waiviny or affectiny any optan, lien, tquity p •~9ht under w by virtue of this mortgage and the full amounf of each and every wch p~yment shall b~ immediately d~e u+d paysbk and shall be+r i~terqt <<om the date thereof uMil psid st rate of n~ne per ceMUm per ~nnum and toyether with iuch interest si~alt be securtd by the (~en of th:f morQbye. b00R~1 P1tG t .h . , ~:~~.~.y, - - ~