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HomeMy WebLinkAbout0113 ~478~0 THIS INDENIVRE, Mad~ ?he 12Lh day of ____FCDYIIatY..~~ A.p. 19~3.... between Bernard R. Alexander and Hec.'~ricZ L. AlexanderL his wife of SL . Luc ie ~~nty flor~ua, hare~nafter des~na:ed a~ ~hs ••ytORTGAGOtt." and FIRS~ iEUERAt SAV~NvS ANn tOAnE ASSpC1AT10N ~ FQRT PIERCE, • corporation wpanized a.'+d ex~sti+g und..~ tha laws e( tM U~~~ed S~~r+s of "Artkrics ~nd havinp ~n pr4~t~pa1 p.ace of busi~+ess in ~he Ciry of Fon P~ac~. St. Luc~e Wu~tv. Florida, hcre~~+af~er dri~gna~cd as iiN "MI~R(GAGEE:' WHEREAS the MQRiGACOR is juuly irxkbted to tM MORiGAGEE i~ the sum of S ~ 8~ dood and '.awiul mw~sy o/ the Un;~ed S}atcs adranced by sl~c fAORTGAGEE unto the MORTGAGOR, as ev~cir~~c~-d ~y a cerr,~~o prom~sswy nae of c.e~ date hrre~.~fh, af wh.ch the io~tow+~.g i~ ~rords and f' ure~ is a true coHy, fo-wit: s 2Ot~•~ _ N, 20029416 - Fo.r P~«<e, Flo~i~a, Feb r eaa ry 12 19 Fa value reca~ved, 1, wa or eitht- of us, p•om~se to pay, w<<haut dafai:n~~~~,, Yo ~he orde~ of FIQSt ff0ERA1 SAYIIYv$ AND IOAN ASSOCIATIOY OF Fp,~T ~IERtE at fp~ P;erce, Ftorida. ~he sum of s_ zO~s~•~~ _,~,,,fh inrer^st frcrn date at rh~ rate o~'75 :o (x+ annum, in mo~:hly instalt- :-~ann as tot°aws: S_I71 oo the lOLh day of Apr i 1 ~q 73, a l;ke sum a~ the carc~pond:ng da~ of each month there- airer umd the who'e be folly pa~d. Eath installmrnt iirst s!+al1 6e appl~ed in Fayment o! interc+st and then on the unp3~d ba~ance ot the princ:psl sum. If default is ma~ft if1 tF~O F~~ment of any uistallmenr when due. and such default continurs 37 dmys, then at rhe optron ol tne ho;de~, ar.d ,~virho:,t any oshrr notice, all tF+e rr,naining ~~~srallTents shalf be due a.nd payabtc at once. Priv~iege is g~ven to propay th~s note in whole or in put at any time wi~hovt penalty. Neither ta~rbearance, nor ,:.cep/ance by the ho;dr~ tt~rcof arrer any oeiaui~ in any peyn.~u~a ;.a't he ,~,c- .cd ..z~~r.::~.^.. ~.•e ^±.•^M~+ ~ti+•~~ ~f S 8• 55 shaU be .~dded to each :nsra::ment .e:na~n;ng unpa~d 7 days af~er its due date, and a t~~e aum shaii be adacd ro eacn such inaeallment rema'n:+ng unpa~d T days after each sutteeding paymem dat~ Each m~kei, surery ar.d endorser he~eof, jar~tly a~d severatly, wa',ves demand, p~eseromer.t pro!est dnd notice of prorest fo~ nonpayment, and funher agrees to any extension of ti~r.e of payment, e~rher before u aiter mafurity, withcut not~ce !o any of us; arxi to paY att ccs~s of coliect;on, incivd:nq a re,-cnable attorney's fee en the eve~t of any defau:t herevndN, •nd hereby severa'iy waives aH be~~efit of hon~_tead and exemption undrr the consUt~•liort .~:,d Iaws of each State of ~he Un~frd 51a:es, as against this ob:~ga~ion or a~y axsens~an w rensv~at hcrcwf. Witness ~he hand and seal of each p+r+y. s/ Bernard R. Alexander (SfAu _ (SER!> (SEAu s/ Hedi~ig L. Alexander ~U $ 31 .20 Seate Revenue ~ 1CK~K~i~ ?Wfi?j 20 ~oo 00 NOtfV, iHfREFORf, rhe MORTGAGOR fo. rhe pu.pose of secu•~r+g payment of sa~d sum of s . • and the pcrformance of the covenar.ts and agreements hereinaiter expressed, and for d~vers good and va~vable conside~ations, by tMx prese~+ts, does grant, bargain, xll, remiu, re!ease, convey and conf;rm umo the MORTGAGEE, ~ts successo~a arxl ass~qns, aIl that cerrain lot, piece u partel ol ls.~d, s~tuate, lying, and beirg in the County of St . L~iC 1@ and State of fEor~da, dexribed as foilows: Lot 3 of a Resubdivision of West Part of Lot 40 of Unit No. I of NpRAVII.LA t~ARDENS, aceording to the plat thereof recorded in Plat Book 14, at page 34, public recozds of St. Lucie Connty, Rlorida ~ M A a~ ~~OR i D L~ ~ t~.~ o= ~ ~OCUMENTARY ~ ~1. TAMP iti X ~ ~ ~t o~ ~t'c. ; ~ uEOr.of RErE~~ Q ~ _ , , A ~ ~ s~ = c~~~•» { ~ 3 ~ 0 ~ ~ ~ ~ ~ E 'y''. Q ~Ht02 ~ ~,,/~t~1A~G`~3=-f~` G ti`' ~ ~ ,,4,Qt~ , , . . . ~';"~,au~~ t0 v ~```~:,,:k. ~ jl~.~! .~r.,~ ~!z ,-~.`r1l " , 'ogether with all and s~ngular the tenements, heredilameMS and appurtances tFereuMO belonging ar in anywix sppert~inirg thereto, ~nd atl rents, istues, pr«etds and profits accruing and r~ accrue from said prem:ses, aIl of which a?e intludcd ir, the above and foregang description and `-.lxndum. TO HAVE AND TO ltOtD rhe abo+e described and granted prem~ses unto the saGd MO~TGAGEE, its successors ar.d a:signs forever. And th~ ~sid their 4tORTGACyp,,R~~f~a hetrs, eaec~tors, admini;' •ro:s and ass:gns. 1.eseby covenants with the said MORTGAGEE, its soccessors ~nd asfi9ro, ~haf - t-" T-v ~-e--- Itwfvlly :e~zed of the sz : prem~us fee s~mple; that the same are free, dear ~nd d~scharged from sll liens ~nd encvm~ r•ances in law or in equity. and tha: they W~~~ t ~161 T _~;~i shall w~rrant a~d defend ::x title to the same to the said ,'vivicivi~aaii. iiS ivCicsiJ:9 o.-w~. o~3:y::.. S^'tve. _~_.••at s:.~ . c.a.. v.,.^.~ ~t...D•,•J3 n{ ~{t Lr.`~si PROVIGED, ALWAYS that if tF~e MORTGAGOR shall pay u~to the MORTGAGEf the p~omistory m/e F:ereinbefore dtWibed and shall tr~ly, prw,iptly er.d .fully p~rform, d~uharge, exetute, canplete, compty w~rh and ab~eie by each and every the stipulat~o~a, agreertse~~ts, conditions and coverta~q of said ptcm~ssory ~ote and of this Mortgage, then this Murtgage and tne Estate hereby veafed shall cease and ix nuli and void. IT ~S UNDFRSTOOD that the word ''hlortgagor" wF+ether ;r. the z~ngutar or plu~ai anywhere in this Mortgage, shail be :i.-.~u:a: 6f an• c+nfy and etia~I ti. ~,L,nel io~nt:v and xverally if more than one, arrJ tnat tFe wo:d "the~r" as used snywhere in th7a Nb~tgage shall be Uken to meaa °his;' "hen," or "its;' vw~erever the contex! so implies w:~mits. AI30, that wherever rhere is a reterence ~n the cove~an~s ano ag:eements F.ere~n cunt~~ned to any o( rhe partiea f~ereto, the sam.e shall ~ consrrvecj ~o mem as .vell as the !~e;rs, tegal representarives, successws rnd assgns (either votunlary by ict of the parties or involuntsry by opcratio~ of the law) of the sarr.e and that t!~e covenants herein contair.ed shall birrj and the benefits and advantagp inure +o the respective he~rs, legal representativcs, successors and ass~gns of the parties hereto. A~d said ll.ortgayors, for ttxmsetves and their heirs, ltgal rc~reuntatfv~s, avccessors and assigns, hereby yantiy and severalty tovensnt ~nd agree ro and with tFr sa~d MORTGAGEE, its successors and assigns: 1. To pay all ~nd s~ngulsr thc principa! and ir.erest ~nd the vario~,s a~d sundry sums of money paysble. by virtve of ssid promissory note, uK: :nis matgage, each and every, promptly p~ the days respectively the same severalty brcort~e dva 2. To pay al! a-.d s~ngular f?+± fa:es, assesunents, levies, tidb~l'rtfes, obl~gatronf and encumbrances of evr?y nsture and kind ~ow on sa:d described property, p that hereafter may br impofed, suffped, placed: levied, a assesud the~eon, q thst he+eafter may be levied or ~ssessed uport tius Mortg age, or the indebredncss secured he~eby, cach and every, when due snd payable, according to 1aw, befwt tt.ey bccome delinavtnl, and befwe any ir.te~es~ a!taches er any p<natry is inturred: AND INSOFAR AS ANV TH:RECiF i5 Of RKORD TNE SAME SHAI~ BE PROMPTIY SATISFIE6 AYD DISCHARGED OF PECORD AVp THE ORIGlA:AI OFFICIAL DOCUNIEN: ~SUCH AS. FOR INS~ANCE, THE TAX REIEI?T GR TNE SATI'FAC710N PAPER OfFIC1ALlY ENOORSEO 04 CERTIfIEO) SHAtI tlE PtACfO fN TNE HANDS QF SAID MQRiGAGEE WliHlh TEN DAYS NFXi AfTER PAYMit~i; and in the event thas any the.eof is not pa~d, sat a`~ed and d~tc~arg~d sa d MORTGAGEE may st any t:rrK ~~y the same or any psn tF.e:eof with~t M,aivir.g w affect~,g any op:ion, lien, equity or • ahr ~nder o~ by virtue oi th;s mu~tgage and thr fuf! ama~nt of each and evc~y s~ch paymer+t shaii be ~mmed~atety d~e and paya4te and shall bear :nfeies+ <<om r?x da+e ihe.eof until pa;d ar rei~ of n;ne oe. ce~~um per a~num a~:! togethe. w:tb such mte.es~ shall be setu~ed by rhe ~~cn of th's morgtaye, - _ - - ~~~i.~ Tf - - - $ _ ^ j ~ ~ ~ . _ _ , _ . _ _