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HomeMy WebLinkAbout0591 v . tHis +~t~:~uaE. ~d. r~,e b~.h . d,r of February A.Q. 19~., bstwesn Bobbie ~ F,~an~ Loui~$ Ri. Fix„_~s wife of St . L~3~~~@ County F~ida, hrrs~naft~r dcsyna~ed a~ tAr ~'1NORTl'sA~-OR," ~nt! FIRST fEDERAt SAVINGS AND IOAN ASSOCIAl10N OF FORi VIERCE. • a.rporatioa oryanized a~~d exis+ing undw the la~.s nf th~ t/n~rtd Starts of Ams~ic~ and hsv;ny ;ts pnrxip~l pl~c~ of bu~.v~ess in tM City of fat PNrc~, St. l~,cie Camry. Fbrida. h~reinah~~ dssgnate+i as tM "MORiGAGEE." WHEREAS ~ht MQRTGAGOR juitty iodabr~d ro th~ MORiGAG'eE in n~a sum oF s 27 • O0 , yood ~nd Iawful money oi tt+e Un+~ed Srates ~dvanced by the MpRTGAGEE unto the MORTCAGOR, as evidencrd by a certa.n promissory no~e ot even datt herewith, oi wh;ch the falowing in Ko+ds and fiQures es a trw copY, towi~: s 2 7, 800 . 00 i,~, 1001 ~389 ~ P;Qfe. F~o.d,, _ Februarv 6 ~9_y~ For value reccivcd, i, we w e~ther of vs, prom~se to pay, wi~Fwvt defaicat~on, to the orde~ of FIRST FEDERAI SAVINGS AKD LOAN ASSOCIATION Of FORT PIERCE at Fort Pierce. FS,uida, the sum of s27 ~ 800• OU _ w~th ~nterese from da:e at the rate of 75j's per annum, in monthly insta~l- ~~rnts u foltows: =229•~ on the i~h day of ~rCh 19 73 and s Gkr swn on ttK cwrespond~ng day a! eech mo~ih lhero- atrer unte. Ihe whole be fv~~y paid_ Each :nssallmcnt tirst shall be appl~ed in paymem of the i~terest and ihe~~ o~ th~ unpaid balance of the pr~nc~pat sum. If default is made in the ~a;mens of any instaltment when dut, a~d such default contiaucs 30 days, th~o at the op~ion of the holaer, and without any uthrr cotice, all the remaining ~,sraltments shall be dve and ~+ayable at a~ce. Puv:legs is given to prepay this note in whote w in part at any t~me without pe~shy. Neither forebearance, ^o. acceptance by tF.e holder thereof after a~y deiault in any payments hereon, shall be deemed cYte~sion. A la~e payment charge of S~l-.•~ shsll be _>dded each instaltment reenaining unpa;d 7 days afler its due date, and a Iike sum sha~l kx addei! to each such ins!aitment remaini~g unpaid 7 days afte~ each succeedi.~+g payment dafe_ Each ~~*ake~, svrety and endorser F.ereof, jointly and severally, wa~ves demand, presrntment protest and not~ce of protes~ fw nonpayment, u.d f~nhe? ag~ees ro sny exte~sion of time of payment, eithcr before or after maturity, v~,ithout not~ce to any of us; and to pay all costi of tollection, inctud;ty a reasonable attorney's fee i~ the event of any defau~t I~reunde~. and hereby severally waives a!1 benefit ol homestead a~d e*emplion ~r?det the tonstituYan ~:~d laws of each State 9f the Un~trd States, as aga~nst this obGyation w ar.y extension or renewal hereof. W~tnesa the hand a.~d seal of each party. S/ Bohbie L. Rix i~?U S/ Louise AI. Fix $41 .70 ~ State Revenue «u ti~rar~t smQllsd~s~ogira~s~) NOW, THEREFORE, the MORiGAGOR for tbe r ng p y 27 B~O.OO pu ~ose of securi a ment of sa7d wm of S s , sad the performsnce of ihe :ovenants and agreerr~ms he:e:naiter exp~essed, and fw divers good and valuable considerat~oro, by these presents, does grant, bargain, sell, ~em~se, re'eax, coavey ~nd confirm ~nto ttx MORTGAGEE, its s~KCessxs a~d au~gns, all that certain lot, p'rooe or pucet of land, situste, lying, and being in tha Counry of SC . LLICle , snd State of fbride, deur~bed asiotlows: Las 2, 81ock R, htARAVILLA ESTA?ES, as per plat thereof ov file in Flat @ook 8, page 77, of the Pub 1 ic Recor ds of St . Lucie County, Florida, ~ o, - ~O ~NTARY ~~..OR1DA ~ o~ n--•....~__ !t=`:.~ fAMA TA X~ ~ QErt.o? RE~?EM~J • t~ 9 'L' IN PAI(ktEHt dF TAX~ ~ ~ Q= n. = iFe2r~ ~ l i. T 0 1 ~ i~~+crscE ~a~~~l P~:1~ERi'~. . . a~ It~02 - ~~T TO 1~1RPtER 72-I34. lICiS Of 19I1. ROGtl~ POi1RAS ~ ~ ~j, s~. wc~ oo:. Fu ` togesher with alt ~nd singul~r the tenements, hereditamtnts and sppurtances thereunto bela~ging a in anywise sppertainirg thereto, ~nd all ronts, issues, ' proceeds +nd profin acc~uing and to accrue from said premises, all of wh;ch are included i~ 1F+e sbove snd (ore9oing desoripfion and habendvm. , TO HAVE AND TO HOtD the ~bove desaibed and gnnted premises vnto the said MORTGAGEf, its wtcesson and auigru fpever. Md th~ said n'.ORTGAGOR for - t hQ 1I hein, executors, admiwit~rators and assign~, hereby covens~ri with ihe ssid MORTGAGEE, iri successon and ~ugm, rhat - th~'~-~E--- lawfutly seized of the sa;d prem;srs in fee s'enple; thst the same are free, de~r snd dixharged irom all 1'~ens and encwn- b~ances in law or in equity, a?~d tnat t~y will ~~,d their heirs shaif wsrrant and defend the title to the ssme to the said MURTGAGEE, :ts s~ccessors and assigns, faever against the lawful ciaims and dcmands uf atl persons; PROVIDEd, AlWAYS ~hat if tl+e MORTGAGOR shail psy u~to the MORTGAGEE the promiuo?y note h¢reinbef~re dewibed :nd shall trufy, promptty - ar,d ivlly perfwm, discharge, execure, compkte, comply wirh and abide by each. snd every the stipulations, agreerr.enss, ta?diYwns tnd cove+?anb of said erom~ssory rate and of this JNortgage, then this Altwtgage and the Estate hereby aeated shall cease a~d be null and vo3d. IT IS UNDERSTOOD that tl?e wwd '7Nwrgsgor" whether in the s~ngular or pl-.,ral ~nywhere in this Mortgage, shall be sinyufs if one oniy a~d shall be plurst jointly ar+d sevcrally if more th~n one, and that the wad "their" as used anywhere in this Mort~age shall be t~ken to mean "ha;' "he»;' or "its;' wierevcr the context so implies a adm;ts. Also, thst v~~herever there is s reference in the covensnK snd agreements herein contained to ~ny of the parties hereto, the same shall be construed to mean ss welt as the heirs, tegat representarivq, successon ar~d auignt (either voiuntary by ac? of ths panies oi invpluntary by operation of the Iawj of the same and that the cove~snts herein cont~ined shall bind and the benefits and advantsyq inure ~o the respective heirs, iegal representatives, successors and au'gns of the psrs~es hereso. And ssid Mwtgagors, fw tFxmselves and their hein, legal reprexntstives, auccessors and assigns, '~ereby jointly and seve~alty covenant end sgree ro and with the said MORTGAGf~, ita svuessors and assigns. 1. To psy all and sinyvlar the principal and interest and the vario~s and sundry wrm of money payable by vinue of ssid promisaory note, ~nd fh'ss mortga9e, each and evsrY. promptly o~ the days respcttiveiy tha same severally become dve_ 2. To p~y all a~ singvlar the tsxes, assessmens~, lev~es, Iiabilities, oblgatio~s uid encumbrances of every nature ared kind now on sa;d detu~ed properry, ar that herca`ter may be imposed, suffered, plxed, levied, a auessed thereon, or that here~fler may be levied w ~ssessed upon this Mort9. age, a the indebtedness secured Aercby, e+ch and every, when due and payable. accwdinp ro law, before ttxy become delu~q~eM, and bafw~ any intaest attaches or any penalty is intwred; AhD INSOfAR AS ANY tHEREOf IS OF RKOxD iHf SAMF SHAII BE PROMPTLY SAiISf1ED AND DISLHARGED Of RECORO AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTIQN PAPER OFFICIAItY ENDORSED OR CERTIFIEO) SH/`.ll BE PtACED IN THE NANDS OF SAiD MORTGAGff WITHIN TEN DAYS NFXT AfTER PAYMfNT; a~d in the event that sny thereof is nof Fa~d, sar'sf;ed and dixharged sa'd MURIGAGEE may at ~ny t~me pay the same w any pert thereof without wsiving w afiecting arry optio~, lien, e~uity a •~qht under or by virtue of this mortgage and the full arno~nf of eath and every such payrnent shall be immediately due ~nd payabk and shall besr interest ~~om the date thcreof voti( pa~d at rate of n~ne per centum per ann~m and together w~th such i~ ~st~ ~e ~~eCd ~t~~en of th:s mwytaye. ~ ~ ! ~ - - - ~ - , : _ _ ~ - _ ~ _ ~ ~ ~