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HomeMy WebLinkAbout0196 ~ r~ 24'7895 ~ . ~49th d. iw. i9s3._. e.~~«. nf~s u~NiurtE. wd. ~Ar r of .Is?nuarv _ Robert g. Min9'e end Bva M Minal~. his vifs~ _ _ , . ~ . , of St. ~1Q , Covnfy Fbrida, hae+nafut dtiiy~uted as tM "MORT~aAG~T.Q." ~nd=•fIRST fEDfRAI~SAVINGS APtO IQAN ASSOCIATION Of fORT PIERCE, • oap~.ration or~aniud snd ex;s~inp ur.sle. al+~ laws of t!w Un~~ed S~at~s of Amuiu and Fs~vinQ ia principal plaa of bu:~neu in 1!» Gty ot For1 Piac~. Sf. Luci~ Counh. fbrid+. lartin~ha d~si9r+ated as tM "MORiGAGEE." - V1fHEREAS th~ MORTGAGOR is jwt~y icxlebted b th~ MORTGAGEE M dw wm of : 17 ~ yood and lawful ma+~y of the Unlted ' Srates advanrso by th~ MOkTGAGEE unro ths MORiGAC'~JR, as evid~nced by • certa~o promissay note of even date har~w~Th, of whici? the followinp i~: ~ ~~c.d. .~,d t~ ts . uw coar. ~ow~t: 10019344 ~ 17 ~ 00~.00 ko Fat Pierce, flw~da, Januarv _ 29 1913_ : ~ Fa velut receired, we o~ eifhe~ of us, prom~se to pay, wirhout defalca~ia4 to the order oi FIRST fEDERAI SAVINGS /WD IOAti ASSOCiAiION OF - iORf PfER~E ~t Fwf Pitrca, Flwida, ura sum of S 17 w~th interest from dat~ at the rate of 7s~ per annum, in +°wnthly inseal!- r„en~s as foliows: i 1~5•~ on the l~th day of Mareh ~q 73 ~ I;ke aum on the cwrespond~ny day of ea:h month tl+cyr aiter unti! the whola be fully paid. E+ch instaNmsnt first aFall be appleed in pay~ncnt of the interest and thcn on the u~paid bafu~ce of the prinr'pa) sum. If def~ult is mads in the parme~c of ~ny insrallme~u ~when due. and such default continues 30 days, the~ at ~he option of the holder, ar.d without any other nc~tice. all the remainirg ~naullments shaG be dw and payable st once. Privilege is given to p~eµay this note in whole o~ in psrt +t ~ny Y~me without pe~alfy. Neither forebear~nce. nor ~r.eptstw-e by the hoider tF~eof afttr s~y deiault in ~nY paYmenb he~eon, s1N11 br deemed e:tensic+n. A late pay~ncnt charge of ~ 6•75 shall be added lo esch i~stall~nent remaininy vnpaid 7 d+ys afte~ its due date, a~d a lika sum ahill be adeled ro each such installms~t rert?a..~ing unpaid 7 daya affer each succeedi^9 P+rment dare. ' E+ch maker, swery ~nd endorser hereof, jointly and severally, waives dema~d, presentmenl protcst snd notKe of prote~t for nonpayment, and further agrees to u~y extension of t:me of payment, either befwe or afte~ matu~ity, without ~101iC4 to any of ~s; snd to pay sll zosts of collecYwn, includ~np a reasc+nable attwney's fee in the wcnt of any defauit hernrnder, and hereby severally waives all benefit of homestead and eaemption under the constitution and laws of cach State oi the U:~ited States, as against this obliystion ot any cxtension a rcnewal hereof. ve:,~+ess rhs hana ana sea~ of eacn p+.ty. s/ Robert B. Mingle (SEAU ~ cs~?u cs~?u s/ e.,~. w~_t~~~ o cs~w ~ S' 25.~SO 1 Ststt Revenue ( NOW, iHEREFQRE, the MORTGAGOR fa the purpose of securing payment of said svm of i 17 •~0 aod the pe~formance .~f tF» coven~nb and ~greemenri hera:nafter eapresscd, and fw divers qood and v~lwble considerat:ora, by these presrnts, does gr~nt, barysin, ull, rcmise, relcase, convey and conf'um unw the MORTGAGEE, its wccessors and ~uigns, all that ceruin lot, piec~ a parcel of Isnd, situste, lying, end beirg in the ~~~~y ~ SL. Lucie ~ , and $~ah of Pbrida, described u fd'~ows: Apartaent 1~V (103) of the Colonnrdes Condor~inius 5 according to the Declaration of Condoainius re~orded in O. R. Book 197, psge 1482 of the Public Records of St. Lucie County, Florida, as a~ended by instru~ent recorded in O. R. ~ook 198, page 99b, and further aaended - by instr~ent recorded in O. R. Book 208, page 781. 'i~OGB~~R WI?i~[ ~11 appuztetwnces thereto together with an undivided i~terest in the cosson elesents and the li~ited caason elesents thereof. SiBJ6CT 1'O the terss, covenants, agreeaents, obligations and provisions of said Declazation af Candoainiua which MortgagoY in all things does covenant to Mortgagee faithfuliy to obseacve and pertora. I . -M oR ~,.OR It~ A 1 .,i " ppCt1AlIAENiARY t~..a ...M~ ~ x ~ 'A aEPt.~ R ~EMH[ ' c ~ ~ ' c ° ~ iE~ICn ~ Z A S~.~ RE~EfVED; J~',~~ IN PAYb4EHIT OF TJ~ a DU~ ON CLASS'C INTIWGIBLE PE35u':!l a~,£R(Y~ . ~ Q = ~ PURSUMT TO t1iAPTER 71-134, ACTS OF 19I1. ~~'~f ~ • ROGER FGi3wiS / / CLE1R ClliqllT OOURT, Sf. U1CIE CO., F1A t/ together, with all and iirgular the tenernents, hereditamenri snd appwtan:es therevnto belon~~+y or in anywise sppertainir~y therem, and ~11 re~b, iss~?es, proceeds and orof~n xuu~ng ~nd to xcrue from said prem~ses, all of wh~ch are included in the above and fae~oinp descripYan snd h~bendum. TO HAVE AND TO HOID the above described snd grsnted prcmises vnto tM said MORTGACaEE, its urccesson and auipm fwever. Md tl» said - MORTGAGOR for -~helr - he'us, e:ecu~ors, admirus~ntors snd assgns, hereby cove~ants witF~ the ssid 1MORTGAGEE, in waessws u~d usiprn, that ~h@N aie - Iawfully se~zed of the said premises in fee aimple; that the ssrrF ue free, cku snd dischsr9ed from sll lieru and ancwn~ b.~nces i~ law or in equ~ty. and that t~y wtll and their ~11 w~rrant ~nd detcnd the titk w the s~m~ to tM said MORTGAGEE, in successors ard assgns. ~orerer aga.sut the Iaw(ul claims and demaeds of all perwro; s ~ PitOY1DED, AlWAYS thst if the MORTGAGOR shall pay w+ro the k:ORTGAGEE the prom~uory note hereinbef~e desvibed and shalt huFy, promptly ~ and fulfy pe.fwm, d~scharge, execute, compkte, comply with snd ab~de by each and every the stipu4stans, sp~eemenn, conditioro ~nd covenanri of said ~ promissory note arn7 0~ tha Mwtgsgc, then tha Nbrtgage and the Estste hereby aeated shsl! tease ud be null and wid. : ~ IT IS UNDERSTOC'~ that the word "Mortysgor" whether in the singular w plwsl anywhere in this Mortyspe, shall be iay~ular if or.e a~ly and ~ shsll be ptwal jointly u+d ~everally if more than one, snd that the word "~ke'a" ~s used snywhere in this AAwtgaye sMll be taten to mean •'ha,•• ••hen;' ~ or "i»;' wherever the co~teat w implies or sdmits. Aiw, that wherever the~e is • reference in tht coven~o» and apreemenri hersin tontained to any of ~ the psrties herefo, the same shall be consrrved ro mean as well ss the Aei~s, legal representatives, successon and auig~u (eithe~ volu~fary by w~ of the ~ parties or involum~ry br ope.s~an of the law) of the same snd that the covena~ts herein contained shall bind and the benefin and ~dvantapes inw~ fo the respective hehs leyal rep-~sentst~ves, wccessas snd au~9sn of tF.e parties hareto. ~ /1nd said llRort~sgc??s, fw t'~emxlves and rheir hein, legal represenratives, sxceuors snd assigns, hereby joinlly and sevaally covensnt and epree ~ ro and with the said I~IORTGAGEE, iri sutcessors snd sssigrts: ~ 1. To pay all ai+d sinyular tFK principal and imerest and the various and wndry swns of monsy paYsble by v'utus of siid promissory note, and tha mo•tQage, each and r~ery. Wa^Prly on the days respect~vely the same ~everally become dve. 3. *o psy ail snd sinyvlw tke taxes, sssesunsnb, kvies, li~bilities, obligatiaa and encvmb~ances of rvery natwe and kind rsow on ~aid desvibed preperty, a tFut hereaher may be impoaed, suffered, plxed, lev~ed, or suessed thereon. a th~t hereafter msy be kvied a usessed upon Nua Mwp- age, or tM indebtedncu secwed hereby, e+ch and every, when due and psyabk, sccordi~g to Isw, befae they become deli~q~?em, and befwe aey int*rest _ taches .x aMr penaHy is incwred; AND INSOfAR AS ANY THE~FOF IS OF RKORD THE SAAAE SHAtI b~ PROMPTIY SATISFIED ANO DISCHARGED OF RECt7RD ASVD TFiE ORIGINAI OifICIAI [XiCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEI?T OR 1HE SATISfACT10N PAPER OFF!CIALLY ENDORSED OR CERTIFIEO) SHALL 6E PIACED IN THE HANDS OF SAIO NIORT6AGEE WITH~N iEN DAYS NEXT AFiER PAYMENT; snd in the event that arry theteof is tw1 ~ paid, saYsfied and dixhsrged sa:d JNORTGAGEE may ~t ar~y t'wne pay the same w rr.y part t:xreof wiH.a;t waiv~ng or sffecting sny optan, lien, eq~ity or •~qht ur.der w by virtue of this :~w+tgage anc tix full a.ra,~t of each and every such ~ayment shall be imrne~iately due and paysbk and slull btar interds ~ ~rwn the date thetNf u~tii pa~d st r~te of n~ne per cemum per +nnum and toQcthe~ h ~ t shail be ured by the lien of th's moryt~e. ~ ~ - - , - - - - - - _ =1 i = ~ ~ ~ . _ - - - - ~ _r_ ~