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HomeMy WebLinkAbout0687 z~~ • c~ . r.: ~ . THIS INOENTURE. Mad~ ~ = day of NOVgwber A.~. 19_~, b~nn~a.~ • • - . Barleston A. Wangsas and Peggy C. Wongsao, his wife ~f - St-,--1_~ ~B Gounty f~wid+. hereinafter dei~qnared aa the "MO~IGAC-G~S,' d fIRST fCDERAI SAVINGS AND :OAN 455pC;ATtON OF FOQT PIERCE, a a~rpo~atia~ a~anired and ~x~s~in~ u~wer tM I+~ws oi tF?~ United Staws of A.nerica snd Mvinp in {x~ncipal p~aca of b~sin~ss in Nk City of fut Pie~w, St, luca Gounry. Florid+. hereinafter desgnaled as tFu "MORTGAGFE." WHEREAS tM MORiGAGOR is justty indabted fo tl+~ MORTG.IGEE in the sum of = 1~~3~•QQ ~ good ~nd lawful money of the Un:tcd Sfares advu~ccd by ~he MORiG.1GEE unta ~he MORiGAGOR, as ev~dar.ced by a ce~tam promiuory nore of even date herewifh, oi wh;ch ths follc-~viny in wo.di and figures is a frw copY. tawit; • t 19 . 300.00 1001902 5 ~ P;~,~.. F~,,;d,. Noveaber 3 19 72 ' for v+~ve ~aceFvcd. we o~ •i~he+ oi us, promiss !o p~y, without defalcas~on, !o thc ordcr of FIRST FEOERAt SAVINGS ANO IOAN ASSOCIATION OF FORi PIERCE at Ftrt Pierce, Florida, 1he ~um of = 19 L3~ w:~h interest from date a1 Ihe rste of 7• 5 % pe~ snnwn, in monthly instalb ~nenrs as !o~:ows_ 143.~ ZOt~1 dsy of APri~ 19 73_ and a like sum on the cw~espa~dmg day af each montb tFxrr afrer until ~ha wlwle (ie fully pa:d. Esch ~nxtai:ment (~~st sMll be ~pptied in paymem of the i~terest a~w' then on ths unpa~d balurce of the pi~nupa! sum. If deiauh is made in the ~airneM of eny insrallment wF?M due, and such default conlir.~es 30 days, then at •he opti~;n of the holder, a~d without any ttl~er notite, all tF?e remaining ~~.siallmen:i sF.a1: bs due and payaok et onc~. Priviiege ia g;ven to ,wepay this oote in whote w ie parf af sny t~me wuhavt pe:~siry. Neither forebearance, - r~or acceptance by the holder 1hKeof after any defa~lt in any paymenes hereon, shall be deemed exte~s~an. A late payment charqe of S 7' 15 shall be added ro cach ins+altrr~nt rema~n::g unpa+d 7 days aiter its due date, and a Gke sum shall be added lo each such insta~lment ~ema~ning unpaid 7 days af1e~ ~ each sutteeding payment date. Each maker, suret and r~ser hereof, ointt and sevuall wa~ves demand, escr?ment Y i Y y, pr {uotcst and ~ce ot p~orest for nonpayn. ent, a~d fu~ther - rgrees to any exter~sion of ?;me of payrrent, e7rhr. before a after maturiry, v~itFout not~ce to soy of us; and to y atl coats of coltecYwn, includ~ng s Y rea~onabk attwney i fee in the event of any defau;t hereundrr, and F.ereby several!y waivcs all bencfit of homest ad s~~d exemption u~der tix constitution a~~d laws of each S~a~e of the Uoifed States, as aga~nst this obt7ga~ion or any extension or renewal hereof. , Witness tlx hand and uai cf each paaty. % ) . ~ cs~~?u ` ~ csEnu , , ~ ~ ~ s~P C. Won ~ ' 28.95 ti State Rcvcnue ' ~ ' NOW, ?HEREFORE, the MORTGAGOR fw the p~rpose of securing payment of'said sum of S Z9 ~ 3~• snd the ptYfwmsnce of th~ ~ covenar~ts and ~greemcnts l~er~~~afte~ e:preued, and fo~ direra good and vaiuabk cons;derarions, b-~ theae presents, doe~ g~snt, barpain, sell, rem~se, relrase, convrj ard confirm unto the MORTGAGEE, :ri successors and assgns, all that cer»in lot, piece w pucel of Isnd, situate, lying, and being in the ~ County of $t• L~ie and SWtc of Fbrida, deuribed as fdlaws: Lot 4, Block 3I23, P+ORT S?, Li~TB, SBCTIAd 45, as per plat thereof on file ~ in Plat Book 16, Page 25, of the Pe~blic Recards of St. Lucie County, Florida " ~ . . . . C1Rv ~ SQ ~p~A~~' .m - M ,o uMENtA~~ ~ ~ . , t a. o; OfP°-Qt-o~ R„E"'~. - 9 51 ~ : r~~:?'» ~a ~ 1 ~ AM~ ~ ~ ° ~ ~~io2 o " , lQG {N PAY'•c•sj C~ i;XES ~ RC~f1VED . _ ' ~t i if ~ ~ INiAHGtBLE - ' " ' PlJRSUpf{T 10 CHi+PTEP 7'--=3~• A•." v~ 1jlt. ~st~/ MGER POITRA'~ . qfp( CIti~NT CWRj: ST. UIC~E OQ.. Fu - together with all and si~gular the tenements, htrediraments snd appurta~ces the~eunto be{onging w in ~nywise appertaioing therero, +nd sU rents, iuues, proceeds snd profits +cuuirg snd to ica~e from ssid premises, all of which are inctuded in the sbove ~nd foregoirg descripYw~ and hsbend~m. TO HAVE ANO TO HOID the above desvibed ~nd gr~nted premises uMO the said MORTGAGEE, its successors snd +ssigns forever. Md tM said h!ORTGAGOR fw thelr heirs, executon, sdministrators and asi ns, he~e g by cove+~ants with the said MORTGAGEE, in s~tcessws and sssipr?s, ,,,,r - thev are _ lawfully selzed of the said premiset in fee simple; that the same sre free, ciear and discharged from aN tienf and ertcum- brancea in law w in equity, and that they w~~~ tf161! 1~eirs sM~~ ,NUnnt and deferd thc titk ro the sams to tF~e said 'rOR7Gl.GEE, its successws and assigns, forever against ~he lawful tlsims and demands of sll persons; PROVIDED, AIWAYS tMt if ~he MORTGAGOR s.tiall pay unto the MORTGAGEE the promiss.xy note hereinbefore described and shsll t?uly, promptly end fully perform, d~xhsrge, e:ecute, compkte, comply w~tF? snd ~b7de by each and every the stip~lations. ~grremem~, condirions covena~n of ~aid promisso~y rwte and of this Mortg~ge, ther? this Mortgage ~nd the Estate hereby uested shdl cesss end be null and v~d, IT IS UNDERSTOOD that the word "Mortgagor" wlr_thr? in the s~ngular w plural anywhert in this Mwtgage, sMll be sinyulu if ont only and shali be plursl jointly and sever~lly if more th~n one. +nd Ynat the word "their" as used inywhere in this Mwtgage slull be tsken b mean "his,•• •'hers,•. or "its;' wherever the conte~c+ w impiie~ p a~n;ts. Also, thst wherever tbcre is a referenca in the tovenanti snd sgreemenri herein coMSined to ~ny of rhr panies hereto, the same shall be construed ro mean as wep sa the heirs, legal represent~tives, successors ~nd auigns (either voluntary by ~ct of the parties a im•o!antary by c+peratiw~ of the iaw; of the same and that the covenanrs herein contained shal! bind and the benef;ts snd ~dv~ntages inun ro tl:e respective hein, iegal rqxesentatives, wccESSOn a~.,. au'qns of the parties hercto_ Md said Mwtgsgors, fo~ thanselves and their heirs, leg+l reprexnlatives, suscesson a~d auigns, hercby jo~ntly and teverally wven~nt and ~yree ro and w7th the said MORTGAGEE, ib successors and assigns: 1. To psy a!1 and sirgular the principal u+d interest snd the variovs and sundry tums of mw~ey paYable by rirtue of said promis:ory nete, ~nd thi~ mortgage, each and every, promptly on the dsys respectively the same severally become due. 2. To pay all snd singulu the taxes, assessmr~ts, levies. Gsbil:t~es, oWigations a.~d encw+?bra~es of every natwe snd kind now on ssid described property, or rMr hereafter m~y be ;mpused, suffereQ, pf~ced, kricd, ~r +ssessed therea+, or rhsr he~eaFrer inay be Iev,ed er assea~ed vpon this Mo~Q- age, w ttw indebtedneu secured F~ereby, ~ach s~d erery, whe~ due snd psyable, ~ccwd~ng ta law, before they become delinquent, and before ~ny interest af~aches w any pcnatty is incwred; ANO INSOFAR AS ANY TMEREOF IS OF RKORO TNE SAME SNAIL BE PROJNPTtY SATISFIED a~,o DISCHARGEO OF qECORD AND iHE ORIGINAL OFfI~IAt DOCUMFNT (St1CH A5, fOR lNSIANtf, THE TAX RECEIPT O!t 1HE SATISFACTION PMER OFFICIAUY ENOOQSE~ OR CERTIilEO) SHAII BE PIACED IN TNE MiAN05 Of SAID MORTGAGEE WITHIN TEN OAYS NFXT AfTER PAYMENT; snd in the eve~t that any thereof is wt pa~d, sat'sfied and diszha~ged sa:d MORiGAGEE may at any time pay !he sarne ~x any pan thereof wifhout waiving or afftctirg arry oprion, lien, equ;ty o~ •~qM und~r or by rirrue of this mortgsge ano the full amount of esch and every such paym.e~t shall be immed~ately d~~e and payabk and ihall beu i~terd~ <<om ~FK date therepf untit psid at rate of ni~e per centvm per annvm and t ether w~th sucA interest s I b the lierLp~~ nwryTa~e. ~ eoo PAGi ~i . ~ ~ w~r - - ~ > - - - - 5 ~ . ~ _ . , _ _ _ . . ~ _ -