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HomeMy WebLinkAbout0835 246;335 THIS INDENTURE, Made the l~th day of Janua ry y i'' A.D. 19~.~ between ~ John J. Perter and Rosenari~ A porter, hiQ r~f~ of St•~'uC! Counry Flor~d~, hereinafta dtsignaied as the "MORIGAGOR," and FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a co~po~at~on organizcd and existing under the laws ot Ihe U~~~ed S~atas of Mxrica and having itf principal ptace of b_senru ~e ~!ro tity of Fort Pi*rc~, lude Counry, florida, hcreinafte~ dtaiy~ated as the "MORTGAGEE." WHEREAS the MORiGAGOR is ju~tly indebted to the MORTGAGEf i~ the sum of i i~L20O•~0 good and Iawful money of ~he Un~ted Srates advanced by the MURTGAGEE unio the MORIGAGOR, as evidtnced by a certain promisswy note of even date herewith, of wh;ch the follow~n9 in N ords and figurei is a true copy, to-wit: s ~~~2~•~ r,~, 10019269 Fwt Pierts, flwida, January 10, ~y 73 Fw valve received, 1, we oi e~ther of us, prom;se to a, without defal:ation, to the order of FIRSi FEDERAI SAVINGS AND LOAN ASSOCIATION OF F OFT PIfRCE at Fort Pierce. Fiorida, the wm of S 1~ w~th interest from date at the rate of 7• 5'o pa~r annum, in monthly install- ~,~~nrs as fol~oW,: s_ 239'~ on the l~t~ay of ~reh ~q~73 and a iike sum on the correspoad~ng day of ~ach month there- ° airer until the whote be fully paid. ' Each installment first sha11 be appGed fn payment of ~he interest and then on fhe unpard balance of the p~~nc~p~l sum. If default is made in the ~ ~ ayment o! a~y installment whe~ due, and such default co~tinues 30 days, then at the option of thr ho~der, and without any other notice, all the remaining ` ;~:stallments shall be due and payable at once. Privilege is given to prepay this note in whole or in Fart al any time without penalty, fYeither forebearance, r.or acceptante by ~he hoSder thereof after any defavlt in any payments he~eon, shall be de:med extension. A lare payment charge of S6•95 shal) be ; acided fo each insrallment remaining unpa~d 7 days after its due date, and a like sum shall be added lo each :uch instaltment remaining unpaid 7 days aftet each sucteeding payment date. ~ Each maker, surety and endorser hereof, jo~ntty and severally, waives demand, presentment protest and notice of protest for nonpayment, and furthe~ ~ agrees ro any eztension of ri,ne of paymaM, eifhe~ Lefore or after maturity, without nofice to any of us; and to pay all costs of collection, indud~ng a «,..~..wh1o attornev'a fee in ihe event of anv defau~t hereunder, and hereby severally waives ali benefit o homestead and exemption under tlu constitution ~~,d (aws of each Siate of the United States, as against ~his obligation w any extension or renewaf iier ~ ~ Witness the hand and sea! of each parfy. ~ (SEAL) \ s ohn J. rter (SEAL) ~ (SEAI) ' $25.80 s/ Roseaarie A. Porter ~y s ) State Revenue ~S~a~pr e~wcellei ~riginal • 17 200 0~ NO`JV, THEREFORE, the MORTGAGOR iw the pu?pose of securing payment of said sum of S ~ • , and the performancc of the ~ covenants and agreements he~einafter expressed, and for divers good and vatuable considerationi, by these presents, c~aes granl, bargain, sell, remise, rrlease, .convey and conf~rm unto the MORTGAGEE, its successors and assigns, ell that certain lot, piece or parcel of Isnd, aituate, lying, and being in the County of St. 1'uCie and State of Florida, dexribed as follows: Apartvent S-102 of the Colonnades Condominiums No. 6 according to the - Declaration of Condo~inium recorded in Official Records Book 198, pa~ge 173 of the public zecords of St.~ iucie County, Florida, as aaended by it~stru- aents recorded in Official Records Book 198, page 2688, Official Records Book 198, page 2d90 and Official Records Book 199, page 2283 of the public records of St.Lucie County, Rlorida, together with al2 appurtenaaces thereta, together with an undivided interest iu the coa~n elesents and 2imited coarwn e2eaents thereof; SDBJECT TO the teras, covenaat,s, agree~ents, obligatioae and provisions of said Declaratioci of Condwainin~ which ~artgagor in al~ things does covenani~ to Mortgagee faithfh11,7 to observe and perfonu; STATE °F F~--OR{C7Q ~ DOCl7MENTARY/.'"~.,.`~STAMP ~Ax+ RECE(YED • IN PAYM:EMT pf T11XE$ ~-a. d pEPf.OF RE1~H~ ~ ~ O~ DUE ON C(A$S 'C INTA~._181E t E:S~ .;L A~0?ERIY, c `D ~ w•::23'13 . PUlSSIIANI 10 GlAPiER 71-131. AC1S Of lbll. ,~y o iA. ~ , HOGER PORRAS ~ ~ c~ ' l~~~i2 CLf1lI( C1RCl11T COURT, ST. UlC1E C0, F1A ~ I rogethcr with all and singular the tenemems, hereditaments a~d appurtances thereunto belaging w in anyw;se ipptrbining thereto, and all rents, iuues, ! proceeds and profits accruing and to accrue from said premises, all of whith are i~tluded in the above and foregoing deuriptiot~ and habendum. TO HAVE AND Tp FWID the above dexribed and gramed premises unto the said MORTCsAGEE, its tuctesson and assgnt forever. And the said +.~ORTG R for --tAelr----- heirs, executo?s, administrators and assigns, hereby covenants with the said MORTGAGEE, its successon ~nd ~uigns, rrat -~ey a re lawfull se~: d of the srid y premises in feq simple; that the same are free, clear a~d discharged from all iiens ind entum- ~rances in Isw or in equity, and that t~ey W~~~ a~d their heirs shall warrant arsd defend the title to the same to the said YtORIGAGEE, its successors and assigns, forever against the lawful daims and demands of sl! persons; PROVIDED, ALWAYS tF~at if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefwe deuribed snd sMll fruly, promptly and fully perform, d~xharge, execute, complete, comply with and ab:de by each and every the stipulations, agreements, conditions ~nd covenantt of said prom~sswy rate and of fhis Mortgage, then this Mortgage and the Estate hereby ueated shall cease and be ~ull and void. IT !5 UNDERSTOOp that the word "Mortga9or" whether in the singular w pl~ral anywhere in this Mortgage, ihall be singular if one only end shall be plural jointly and severally if mwe than one, and that the word "their" as uxd snywhere in this Mortgsge shall be ~aken to mea~ "his," "hen;' or ";ts," wherever the context so implies or admirs. Alw, that wherever theie is a reference in the covenants and agreements herein contained to any of rhe pa.ties hereto, the same shall be construed to mean as well as the heirs, legal represenfatives, successas and assigns (either voluntsry by act of the parties o~ involuntary by operation of the law) of the sarne and that the covenants herein conteined shaH bind and the benefitt and advantagp inuae to the respective ?ieirs, Itgal repreuntatives, sutcessors and ass~gns of the parties hereto. And said Mortgagors; for themselves and their heirs, legal repreuntatives, suctessors and sssigns, hereby jointly and uverally covenant and agree to and with the said MORTGAGEE, ~ts s~ccessors and assigns: 1. To pay all and sirgular the principal and interest and the various and sundry sums of money payable by virtue of said prom;ssory note, and thes mortgage, esch and every, p?ompfly on the days respectively the same severally become due. 2. To pay all and singuiar the taxes, assessments, levies, liabilities, obligstions and encumbrarxes of every nature and kind now on iaid described oroperty, ot that hereafter may be imposed, suffereQ, placed, levied, or asseued thereon, w that t~erealter may be levied a auessed upon thif Mort¢ age, or the indeb~edneu secured hereby, eacb and every, when due snd payable, stcwding to law, befwe they become delinquem, and befwe ~~y intereit attaches or any penalty is incvrred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAtL BE PROMPiIY SATISFIED AND ~I$~HARGED OF RECORD AND THE ORIGIKAI pFfiCtAl DOCUMEMi (SUCN A5, FOR INSiAMCE. ~HE TAX RECEIPT OR THf SATISfACT10N PAPER OFfIC1ALLY ENDORSED OR CEV.TIFIED) SkAll BE PIACED IN THE HANOS OF SAID MpRTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, sat sfied a~d discharged sa d MORTGAGEE may at any time pay the same w any part thereof without waiving pr affecting any option, tien, eqvity a •~qhr under or by vir?ue of ?his ~nortgage and rhe full amount of each and every such payment shall be immediately due a~d payable and shall bear interest ~.om the date thereof until pa~d at rate of n~ne per tentum per annum and together w~th such interest sha{l ~ ~ by the lien of th's morgtage. . BC~~r ~ P4GE u ~3~ ~ _ ~ ~ ~ ~ ~ . _ _ .~x~T~-~~^~a'{~.~~'`~~,..r, ~„'~s`~~ . . _ . . 4s^~"xa-~;.Y ~