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HomeMy WebLinkAbout1976 +G`f~r~a~~ - . THI;, IhDENTURE, Made tFe ~LYL_ day of Blnvemhpt- A.O. 19 7%~ - between r~ ~ ~ ~ Benjacnin F. Rose and Ruth k', Rose, his wife of St _ L~LC: E Counfy Florida, hereinafrer desgnared as Me "MORTGAGOR," and FIRST PEDERAI SAVINGS ANO IOAN aSSOCIATION OF FORi PIERCE, a corpwarion w9ani:cd and ex~sT~ng unde~ the laws of Ihe Un~ted Sut~i of America ~~d having its principai place of busineu in the ~ity of Fo?~ P~erce, St. lvcie County, Fiorida, hereinafter desiynated as ths "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indeb!ed to the MORTGAGEE in /he sum of S 2~~ 24~- good snd lawfui money of the Un~ted Srates ad+anced by the 1dORTGAGEE umo the MORiGAGOR, as evideoced by a ccrta~n prom~s:wy note of even da~e herevvuh, of wh~ch the following in words and figures is a t~ue copy, to-wit: s 2t3.200.00 r~o_~UOl.q0~1 fort P+erce, Flwida, Nnv~mhpr 17 ~q~_ fw value receivrJ, we or e~ther of us, prom~se to pay, withow defalcat~on, to the orde? of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORI PlFRCE a! Fort P~e.ce, Fiorida, the sum of ;__~*2 with interest from date at the rate of _~.~°o per annum, in moNhly install- :~:~•ms as fo1!ows: S-ZQ4.~~Q on the day of 1ar+~ary 19.~~_ and a like sum on the correspond~ng day oi eath moNh therc- aite~ wVil the whae Fie tu:ly pa~d. Each installn,rnt fi,;r shall be applird in payment of the i~teresl and then on the unpaid balance oF rhe princ~pal sum. If delault is made in the . F~~r~~enf Ot any ~m!aUanent nhrn d~e, and such defauh continues 30 days, then at the option of the holder, and without any mher notice, all the remaining , .+s~al~ments sha~l be d~e a~ed payaule at cnce. P~ivilege is 9iven to prepay this note in whole w in part a1 any time without penaHy. Neither forebcarance, nor acceptance ty the holder thereof a(ter a~y defau~t in any payments hereon, s~wli be deemed extension. A iate payment charge of = 10~45 _ shall be ~dded ro each ~nstal'me~t remaining unpa;d 7 days aiter its due date, and a tike sum shall be added fo eacfi such installmem remaining unpaid 7 days after each succeeding payment date. ; Each maker, s~rety and endorser hereof, jointly and severally, wa~ves demand, presenrment protest and notice of protest tor nonpayment, and further • agrees to any extens~on of time of payrrttnt, e~ther be(o~e w afrer maruriry, without notice to any of us; and to pay all costs of coflection, including • ~ reasonable attorney's fee in the event of any default hereunder, and hereby severally wai~es all beneiit of homestead and exemption under the constitution , ~~d laws of each State of the United States, as against th~s obtigation or any extension w renewal hereof, W~tness the hand and seal oi each party. (SEAL) . (SEAI) (SEAI) ' . s/ Ruth W. Rose ~s~u t-- ~ f12 State Revenue • - i5?ew~ps-cr~cdted-e~o~ige+al rete~ t10N, THEREFORE, the MORTGAGOR fo? the r 28 2~•~ pu pose of securi~g payment of ssid sum oi = ~ ~ and the performance of the covenants a~d agreeme~ts hereinafter expreued, and for d~vers good and vatuable cons~derat~ons, by these prtsents, does granr, barga~n, sel1, remise, release, convey and confirm unto fhe MORTGAGEE, its successors and auigns, all that ce?tain lot, pie~e w parcel of Iand, •ituate, lying, and being in the \ Counry of - SL ~ 1~C7 e , and State of Flwida, described as foilowi: Apartment IV-201 of COLOhYADES CONDONIVIU~IS ~10. 5 according to the Declaration of Condominium recorded in O. R. Book i97, Page 1482, of the Public Records of St. Lucie County, Florida, as amended by instrument recozded in O. R. B,ok 198, Page 996, and further amended in O. R. Book 2U8, Page 781, of the Pubiic Records of St. Lucie County, Florida, TOGETHER k'ITH all of its appurtenances thereto, toyether with an undivided interest in the common elements and limited commqn e leraent s thereof . = STATE ~F ~L.ORIDA.~ ~~4i~~,y ~ c+'- DOCUMENTARY ..A~.,.STAMP ~A> I ~,n QPyf!.~~ p'ao~i t f~RS ~ `4 y °c~ ~ vEPT.Of (tfYENUE , s \N C 1 ~ Q _ _ +wt 1-'72 ~ - ~ 4 Z. 3 0 ~ ~~y ` C,~C.E. ; . w' o IP 2_ ^'I ' S. ~,.~`N " ~\`=C'0 ~f:-r' •A~ ~ tc2 . . . . . RO J~ ~c~Ni noGJ~F.. <; . Q~RS G\~~~\t ~R~, /U ~ Together with all and singular the tenemtnts, herediuments and appurtances thereunto belonging or in anywise apperfaioinq ihereto, and all tents, iuues, p~oceeds and profits accru~ng and to accrue from said premises, all of which are included in the above and foregoiry dexription end Mbendum. TO HAVE AND TO HOlO the above described and gronted premises unto the taid MpRTGAGEE, its auccessors and assigns fueve~. And tF?s ssid N,ORTGAGOR fa ---~t181-~----- he;rs, eaecutws, administrators and assigns, hereby co4enants witl? tF?e i~id MORTGAGfE, its s~?ccessors and ~uiym, rhar --~X-~-- Iawfully se~zed of the said prem~ses in fee simple; that th~ ssme sre free, desr and diuharged from stl liens ~nd encom- b.ances in law a in cquity, a~d that theY w;ll and 1 r hein shall warrant and defend the title to the same to fhe said 1~AORiGAGfE, its successors and assigns, forevea sgainst the lawful clsims and demands of all persory; PROVIDED, ALYVAYS that ;f tF~e MORTGAGOR shall pay unto tF~e MORTGAGEE the promissory rwte Fxreinbefore dexribed snd shalt truly, promptly and fully perform, d~uharge, execute, comptete, comply with a~d abide by each and every the stipulations, agreements, conditiona snd covenants of said promissay note and oi this Mortgage, ti~en this Morrgage arH! the fatate hereby ueated shsU cease and be null and void. IT IS UNDfRSTpOD that the word "Nlortgsgor" whether in the singu~ar or plursl anywhere in this Matgsge, ihall be singul~r if one only and shall be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mwtgsge shall be taken to mean "his;' "hen," or "its;' whereve~ the context so imp(ies or admits. Aiso, that wlxrever there is a reference in the covenaMS and sgreements F~erein contained to any of fhe parties hereto, the same shall be construrd to mean as well as Ihe heirs, legal ~epreuntatives, successon and auigns (either voluntary by sct of the parties or involumary by operation of the law) of the same and that the covenanrs herein contained shaU bind and the benefits and adventsges inure to the respective hei~s, legal representatives, succeuors and su~gns of tF?e parties hereto. Md said Mortgagors, fw themselves and their heirs, legal represematives, sucussors and assig~s, hereby jointly and severally covensnf and agree ro and wi~h the said MORTGAGEE, its successors and assigns: 1. To pay all arrd s~n9ular the principat snd interest and 1he various and sundry sums of money payabte by virtue of said promissory note, ~nd this mortgage, each and every, p~ompfly on the deys respectively the same severally become due. 2. To pay ell and singular the taxes, asxssments, levies, liabilities, obligations ~nd encumbrances of every nature snd kind now on ssid described property, or that i~e~esfte~ may be imposed, suffered, plsced, levied, w sssessed thereo~, or that herea~te~ may be levied or assessed upon fhis Mbrt¢ age, a the indebtedneu secured hereby, cxh and every, when due and payable, accwd;ng to I~w, before they become delinque~t, and before ~ny imerest artaches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTIY SATISfIED AND DISCNARGED OF RECORD AND THE ORIGtf~;Al OFFICIAI OOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECfIPi OR iHE SATISfACTION PAPFR OFfIC1ALLY ENDORSfD OR tERJIFIFD) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NfXT AFTER PAYMENT; and in the eve~t that any tl+ereof is not paid, sat'sfied and d~scharged sa:d MORTGAGEE may ~t any time pay the same w any pan the~eof without wsiving or sifetting any option, (ien, equity w •~aht ~nder or by virtue of rhis morrgage and the Iul1 amount of eacb and every such paymel4t shall be immcdiately due and payable snd shall besr interest <<om the date thereof u~til pa~d at rate of n~ne per centum per annur~a~d ~ w~rh i~~1~1ll~shall be secured by the lien of th:s morytaqe. . ~f,ti ~a~r V ~ ~ ~y . ~.4. v~r.~'~"'. ~ ~ .~.~~a.M .~.`~i.. . - - ~ . ._.~.~~~.s,o~^'° ~x~