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HomeMy WebLinkAbout0817 ~ ~ 235554 . . ~0 ~ ` . ; ~ : THIS INOENTURE, Mad~ the 1Qth day of +~u9,~ t Anthony ~conomvs and Julia Economvs, his wife, "~'D. 19?~- betwsen . ~ Qf St. 1.ilC1Q , County Flwida, hereinafta designsted as the "MORTGAGOR;' and FIRST fEpERAI SAVINGS AND IOAN ASSOCIATIOM OF fORT PIERCE. ~ corparation wy~nized a~ exis~ing under tM laws of the United St~toi of Ameriu and Mvirg it~ principai p(~ of buiin~q ie ~h~ City of fa1 Pi~rc~. St. lvci~ CountY. Florida. ha~einafter dasignated ai ths "MORTGAGEE:' YVHfREAS tM MORTGAGOR b jvatly ir~deb~~d to tFN MORTGAGEE In ths sum of ~67 ,~O. ~0 .,~ood ae+d I~wful mon~y oi the United Sutes advanced by tM MORTGAGEE w+to th~ MORTGAGOR, as evidenced by a cenain promiuory note of even da~e hK~wftb, of wFuch tF» (ollowinp in •wada ~nd figurq is a t~w copy. to-wit: . ~ 67 , 000. 00 3-18, 664 Fo?f Pierc~, flarid~, AuqLLSt 10, 19~~ for valu~ received, 1, we a eithe? of us, prom~ss to pay, withait defalcation, to the order oi FIRST FEDERAI SAVINGS AND IOAN ASSOCIA?ION OF FORT PIERCE af Fat Pierc~, Fbrida, the wm of s 6? ~ 0~ . ~O w;~h interest irom date at the rate of 1s~6 per an~um, in monthly install- ments a~ follows: Z53O. Q~ on ~1~e Ist d,y of ~anuarv ~9_~_ ~nd a like sum on the correspondinp day of exh month therr after until the whola be fully paid. Eath installment first shalt be applied in payment of the interest and then on /he unpaid balance of the princ7pal sum. If d ault is made in the paymeM of any installme~t when due, u?d such default continues 30 days, fhen at the opY,~n of the holder, and without any other ~otice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whote or io part at any t~me without penalry. Neitlx~ fo~ebearance, nor acceptance by ti?e holder lhereof after any defaah eo any paymenfs hercon, shall bc deemed extension. A late payment chsrge of = 26 • Sn si+al) be ad~ed to each imtallment remaining v~pa~d 7 days after its due date, ~nd s like sum shall be added Io each such installment remaining unpaid 7 days after each succeediny payment date. Exh maker, surety and endo?ser hereof, jointly and seversily, wa;vcs demarx/, presentment protesr and notice of protest for nwepayment, and funher agrees to any extensan of t~me of payment, either before or afrer maturity, without notice to any of us; and to pay all costs of collection, includ~ng s reasonabk attorney's fee in the evenr of any default hereunder, and hereby scverally waives all bc~efit of hom~:atead and exempfion under the cautit~tion and laws of each State of Ihe United Stares, as aga~nst this obligation w any extension w rcnewal hereof. Witncss the hand and seal of each party. _S/ Antho~ Economys cs~?q _S/, Julia Economys ( $100 _ S~ j SraM Revsnue ~U i (Lrrwp~ Mw~eNer ow ~rig'wM1+nNr} ~ t NOW, THEREFORE, the MORTGAGOR fo~ ~he purpose of securing payment of ssid sum of s 67 i 0O0 _~O , ~nd the per{amance of ths ~ covenanri and agreements her~inafta expressedr and for dive~s good and valuable considerations, by tF?ese presents, does grant, ba~gsi~, sell, rem:se, re~ease, tonvey and confirm u~ro the MORiGAGEE, iri tvcceuors and aui9ns, al! that certain Iot, pieoe w parcel of land, aituate, lying, and beinp in the County of St. L11C1@ ~ and State of Flor~ds, dewibed as follows: ?he North 200 feet of the ti'E'.; of the SE~ of the SE',~ of Section 20, Township 35 South, R~noe 40 East, S I~t t ~F rLOkIUA "~~'LUl-~tlt~s.1 ~ v~ DOC~}M~`1TAfl`% STl,MP 71 X ST!?ti4P TA X $ = a~~c:rn •o: - - _ N ~~E~.uE l--~- ~ 0 0 0= ~~.1-~9 0 5 0_ Q.a~yo~tZ = ~ - ~ - ~i tN M~ •C ~t11A~'181f ~ S pF ~91L ~ - O~N t~s lE~ tt-13i. AG1 -~1+ ~ ~ u~ct 'f0 PO~tRI~~~ ~ H~ PN~?~`••-- ~RY~ Sf . ~ togethe? with atl and ti ular the tenemenh, hereditaments arid a ~ ~?g ppurfances thereunro belonginy or in anywise appertaininy tFKreto, and all ~ents, is~ues, proceeds and profin acuuing snd ro acuve from said promises, aIl of which are i~duded in ~he sbove and foregoing description and h+bendum. TO HAVE AND TO HOLD the above desvibed and yrsnted premises unto tFx said NIpRTGAGEE, its successas and usigns foreva~. Md th~ s~W MORTGAGOR fa ~heir executws, administntors snd auigna, hercby covenants with the said MORTGACaEE, in waestors ~~d astigro, rhat theY ~=g - IawFully xized of the said premises in fee sim le; th~t the ssme ~re fr~e, ctea~ and dischar P ged from ~11 lieru and ~rKVm- brances in law w in cquity, ,~a tr~~_ they will ~nd their hein shall war~ant a~d defend the title to fbe sam~ to /hs said MORTGAGEE, ib successors snd sugns, forever sgainst the lawful claims snd demsnds of all persons; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay u~to the MORTGAGEE the omis ; arsd full P? w?Y rate hereinbefore describad and sMll truly, promptly y perfwm, d~scharge, execute, complete, comply with and abide by each a~d every fhe stipul~tions, apreements, cond~rions and covena~n of ,ad promiswry note and of fbis Mortgsge, then this Mortyage ~nd the Eitate hereby aeated shall ce~se and be nul; and void. IT IS UNDERSTOOp th~t the word "Mortgagor' whether in the singubr o? plwal u~ywhere in this Mwtyspe, slull be sir?pular if one only ~nd . shall be plurol joindy and seversily if more tha~ one, ~nd that tMe word "their" si used snywhere in this Monyage shatl be t~icen to mea~ "his; •„hen ; or "ia," wherever the context so implip a admit:. Abo, that wherever there is • reference in the coven+~ts •nd .y.eemenn here~n cont,ined fo •ny of rhe p~?ties hereto, the sa~ne shsll be construed to mean ss well as tFie hein, legsl represenqtives, successon and assigns (eithe? vd~mary by act of tiK parYies or involuntary by operation of tF?e t~w) of the s~me and that the covenants herein contained ahaN bind and the benef;b and advint~yss inun ro the respective heirs, leyd representatives, succeuors and su~gns of the parties hereto. i Md said Mwtgagors, fa themselves and their hein, legal representatives, successas ~nd aui9ns, hcreby joiMly and sevaally covens~t ~nd apr~e y fo ar?d with tF?e said MORTGAGEE, its successors and auigns: 1. To pay all and iinpular the principal sr?d interest and the wrio~s and sundry wms of money payible by virtve of uid promis~wy note, ~nd thu mortpaye, each snd every, promptly on the days respectively the iame swerally become due. 2. To p~y all and singulsr the taxes, aasesunenb, levies, liabilities, obligatio~s and enc~mbrsnces of every n~ture and kind now on said d~scribed prope~ty, a thst I+ereaha may be imposed, wffered, placed, kvied, w suessed thereon, a tMt here~fter may b~ levied a assessed vpon M~is INortQ- : age, a th~ jndebtedness ~ecured hereby, esch and wery, wh~n dve and payabk, ~ccordirg to law, befae they [xcane delinquent, and b~fon ~ny internt `,s attaches or any penalty is incurred; AND INSOFAR AS ANY TMEREOF IS Of RKORD THE SAME SMA1L BE PROMPTIY SATISFIEO AND DISCHARGEO OF ~ RECOR~ AND THE ORIGINAt OffIC1At DOCUMENT (SUCH A5, fOR INS~ANCE, THE 7AX RECEIPT OR THf SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIEO) SHAII 8E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any thereof is not ~ paid, sat'sfied snd dixharged sa:d MORTGAGEE msy at any time pay the same or any part tlxreof withovr waivi~g or ~ffectiny any option, lien, sqvity p ~ •~qht uMfer or by virtue of Ihis mortgsge and the full amovnt of esch and everyr such psyment ihall be immediately dve and psyable and shall bear interest i ~•om the date thereof until psid at ~ate of nine per centum per annum ~~d toyether withOsu~h i er st shall be secured b the lien of th:s morytaye. i acoK~~S Pacr $1~' ~~~_~znz~.~_~ ~ - - _ x~ : . ~ . _ ~.a~