HomeMy WebLinkAbout1107 233591 $
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iath ~ . ~un: t.~ ~a
THIS INOENiURE, IWd~ the day of A.b. 19_~ betw~en
Richard K. Welshans, a sin9le adult
o{ St • I'UC1@ Camty FlOrida. I~~in~ft~? d~siyn~ted +s tFa "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a cwpaat~on wy~ni:ed ~nd existiny undK tM lawt of the Unlred Stat~s of M+erita and Mvlnp Iri printipa) pl~c~ of
bu~insas tn th~ City of Fort Pi~rq, St, luca Cou~ty, Florida, harsinaftK detipnated as tM "MORTGAGEE."
WNEREAS tM MORTGAGOR is j~rstly ind~bted ro tM MORTGAGEE in the aum of ='~~0~.~ good and lawful money of the Un~fed
S~atss advanced by the MORTGAGEE uroo the MORTGAGOR, as evidenced by a cenai~ Promaiory r?ote of even date herewitb, of wh+ch the foltowirp in
words and figurN h a t?w copy, towit:
s .44-O00-~0 - . ~ r ~ 3-18~458
~ P~c.. F~«~d.. June 12,~ ~q 7~
Fw value received, 1, we w e+ther of ~a, prom~se to pay, witho~t def~tcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATtON OF
FORT PIERCE at Fort Pie~ce, Florida, the sum of = 44 ~ with interest from date a~ ths rate of 7• 5 96 per annum, i~ manthly install-
R+e~rs as foltows: t 355.~ ~ ZSt ~y of October ; ~972 ~ ~nd a lik~ sum on the correspa~d~nQ day of cach mo~1h therr
afrer until the whole be fully paid.
Eacl~ ;nstallmcnt fint shall be applied in payment of the interest and the~ on the ~npaid bslance of the prirx~psl ium. If d ault is made in the
payment of sny irutaliment when due, and such default continves 30 day~, then st the optior? of the ho(der, and without any oth~r notice, a!I the .~malnin~
~ns~attmenri shall be due and payable at once. P~ivikqe is given to p?epay this note in whok or in psh at any time without penalty. Neithe? forebeuance,
nor acceptance by tha holder thereof after any dcfault in ~ny payments hercon, shsll be deemed extension, A late p+yment charge of f
l~ shall be
added to eacA initallment remaining unpaid 7 days ~fta its due date, snd a liice sum shall be sdded to each such installmeM remaininq unpaid 7 days eher
each sutteedirg payment date.
Each maker, wrery and endoraer hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayme~t, snd further
agrees ro ~ny extension of time of payrtsem, eith~r before w after maturity, without notice to any of us; and to pay all rnsts of m(lectio~, i~ctudinp a
reasonable attwncy i fee in the evem of any defauh hereunder, and hereby severally waives all benefi of ho+rKSt and exemption under the corutitutioe
and laws of exh Sute of the United States, as ~gainst this obliya~an or iny extension w ~erkwal ht/~ ~./%1~1-
Wititess the hand and seal of each party. ~ .
~ ~ ~ ~ ~ ~N~~ E• WElSMl1NS, hOtARY PUBLI~ -S/R ichard K . {~el~.ans ~qp
~~-c.,~ ~~,f~~.,,~ wiuuM,,ruer. _ a si~qle adul! ~?t)
~ ~}~~'~r~~G CUU,YiY
i~......~S~IUf. E:tv~rtta (SEAU
~mpei,hem?sy~raua,~s "':,r ~i3. 1976
~ $66~00 ) Sta» Revenue Sut~al~ono1Mo13?ies (SE/U~
NOW, THEREFORE, ths MORTGAGOR fw the purpose of tecuiing p~yment of said s~m of i 44s-~~ ~~nd th~ performanw of th~
covcnants and agreements hntinafter expressed, and fa divcrs gaod and wlwbl~ contider~tions. by thesa presents, does yr~et, bary~in, scll, rcm;se,
release, convey and confirm unto the MORTGAGEE, its wccessors and suigns, sll that cen~in bL pieu w puce{ of lu~d, sitwte, tyiog, a+d beinp in tFM
County of St . LLC 1@ aod Stata of florida, dewibed as fdlowa:
Lot S, Block 18 of RIVBR PARK, UNIT TWO, according to the plat
thereof recorded in Plat Book 10~ page 72 of the Public records
of St. ~ Lucie County, Florida.
S7AY~~Fi=LURIUA_ ~ ~
i
~ z oocur~Tap~ ssa~~.~
~ - .R1119'72 ~ - Oa
~ ` = 6 60~= ' ~
iA ~ 4EDi.0f CEMEI(IK ~ ~ ~ ~TM~ ~ ~
P(~»e~~: 01~ ON CIASS'C INTANGIBLE PERSONAL ~PERN,
P(lRSl1ANT TO t~iAPTER 71•134. ALTS OF 197L
APTE
ROGfR POfTRAS ~
CI~AK CIRCUIi GOURi. Si. WCIE OO,.F'1~
rogether with sll and singulu the tenements, herediumenb and ~ppurtsnces therwato belonpa~p or in anywae ~pp~~t~ininp thento, and ~U nnts, issu~s,
proceeda u?d profits ~ctruinq and to stcrue from ssid premises, all of whid+ ~re incluJed in the abov~ ~od forpoinp detviption and htbeodven.
TO HAVE AND TO HOID the above desvibed and granted premises vnto t!K sad MORTG/1CsEf, in s~aesw?s and suigns forerer. Md th~ saW
MORTGAGOR for - hzS hein, executors, adminisrraron and aa~' ia, ha
g eby tovenann with ths said MOR7GAGEE, it~ ~uaeswn ~nd stsip%
~hat he ~ q lawfully se~zed of the aid prcn.ises in fes simple; that the wr~ u~ frN, ckar and dlscharycd fran all liero ~nd ~nano-
brances in Iaw w in equity, and thaL he will ~nd hiS hein shall w~ra~?t ~nd defsed tM title to tM amt to tl~ s~id
, MORTGAGEE, in successors and sssiyiu, forever ~gairot the lavrful clairt?s and demands of all perwroJ ,
PROVIDED, ALWAYS th~t if the MORTGAGOR shall pay unto the MORTGAGEE the promisrory note hKtinbefw~ describ~d and shdl truly, promptl~r
, and fully perfwm, discMrge, execure, compkte, comply with ind ibide by e+ch and every the stipulatian, apreemenri, conditions ~nd cove~n» of said }
prom;ssory note ~nd of tha Mwty~ye, then this Mwtys9e and the Estate her~by veated shall oe~s~ and be rwll and void.
IT IS UNDERSTOOD th~t the word "Mort9aga" whether in tM iirgular w plwal ~nywhere in this Mwtya~e, shall b~ sinpvlu if one only and ~
shall be plural joimty and seve~ally ii more than one, and that the word ^their" as v~ed anywF~ere in thia Nbrtpaye sh~ll be t~ken to mean "his,•• "hers,'•
w"ib," wherever the context w implies or sdmits. Also, tMt wherever there is • r~faente in t}w covenanq ~nd ~yreemenri hertin contsinad to a~ry? oi
the partics hereto, the ~ame ~hsll be construed to me+~ ~s well as ths heirs, le~al rRpresentativer, suaeuon ~nd auipns (eitha volvntary by ac! of Hw ~
panies a invduntaiy by operation of the lavr) of the same end that the covensnt~ herei~ cont~ined sh~ll bind and the benefiri and ~dvantay~s kwn
ro the respectiw hein, le9al representstives, successon and au~ns of the panies he~eto.
And ssid Mwtpsyws, fw themselves snd their heirs, leysl representativa. succeswn snd sui~ns, hercby joimly snd severdly covenant ~nd pr~e
to ~nd with th~ qid JNpRTGAGff, iri succtasas ~nd assgro:
To pay all snd sinDula~ the princ;p~l and interdt ind tM v~riovs and sundry wms of money p~yabl~ by virtue of ssid promissory note, and thh
mortpaqe, eath ~nd every, promptly on tl+e days respectively the same aewrally bec«r» dw. ~~c S
2. To pay all and sirgulsr ths taxes, usessmenri, kvies, liabilities, obliyatarn and N+cumbr~nces of every nawn ~nd kind now on said describ~d Q~ '
Pr~Y, a thst f~ereahs~ may b~ bnpwed, suffered, pl+ced, levied, or ~ssesscd thereon, or that heresftK may be kvied w use~sed ~pon this Mortg~
+9e, w tlr ind~btedness sccured he~eby, ead~ ~nd ~very, wMn due and payablt, aawdinp w law. befw~ tFwey becan~ d~l'u?qwnt, ud b~fon a~y intera~
attaches w any penalty is intvrred; ANO INSOfAR AS ANY THERfOF IS OF RECORD THE SAJME SHAII 8E PROMPTIY SATISf1ED ANO ~ISCHARGED OF
RECORD AND THE ORIGINAL OFFIUAL OOCUNIENT (SUCH AS, FOR INSTANCE, THE 7AX RKEIPT OR THE 5/1TtSfACTION PAPER OfFIC1AlLY ENOORSED ~
OR CERTIFIED) SHAIL BE PLACED IN THE H/1NDS OF SAID MORTGAGEE WITMIN TEN DAYS NEXT AFifR PAYNtfNT; ~.~d i~ the tvent thal ~ny thtrsof ia na
paid, sar"sfied and d+'ubarged sa;d MORTGAGEE may a~ sny t~me pay ths same or ~ny p~rt thereof without w~ivi~q w affeainp ~ny option, tien, squity or
.iqM unde~ or by virtue of this mortgsge snd the full amount of each and every such payment shall be immediately due artd p~yabla ~nd sh~(1 bea~ interqt
<<om the date thereof until paid at rate of n~ne per centvm per an~wm ar?d toyether w~fh such imere~t shsll be secured by the lien of th:s morytape. i
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