HomeMy WebLinkAbout1094 ~~~503
Tr~is ~~NnieE Mad. ~he_.:. 2~ r d ~y of F eb r u~ r y.._ _-____r.--. n.o. i v.2i., b.n~.«~+
_ ~ AdaLa S. Magner, Jr., a single adUlt? and Debra M. JonecL a~singl~ adult
~f S4. Lucie , Camty fbrida. M+e+nafter dsignared ~a '~a "MORTGJ?t`sOR,'~,~nd FIRST fEDERAI SAVINGS AND :OAN
ASSOCIATION pF fORT PIERCE, a oorporation orQ~niz~d and existi~+p wrde~ th~ bwt of tf~ Uoited St~~N oi Misrk~ and lavinp in pr~cipal pl~c~ ol
busin~u in tM Ciry of Fwt Piuca. St. lucit Counry. Flaridi. l~aei~+aAN destynated u tM "MORTGAGEE."
WHfREAS tM MORTGAGOR is ' H u~dsbt~d to ths MQRTGAGEE in tF~e sum of = 16 s 2~ .~1
Iw Y~ good +nd lawful mw»y of t:x Un~1ed
States advu,ced by tM MORTGAGEE unto tF+s MORiGAGOR, as evidence~ by a certa~n p~omisso~y oote of ev~n date he~ewi~h, of whrch the (ollowinp in
i wds and figur~a a a trw copy. to-wit: r~o 1001946 S
1E,200.0U -
P;~,«, ~;d,, February 23 ~yT3 ~
For valve receivcd, 1, we or either of us, prom~se to pay, without defalcation, to the order of FIRST fEDERAI SAVINGS ANO IOAN ASSOCtATIC~N OF
FO:;T PIERCE a1 Fort Piercs, Fbr3da, the ivm of s 16~.2d0.00 v,,;th interest from daro at ths rate of~ • 7S% per annum, in monthly instal6
~nen~s as foUows: =134.0~ _ p~ ~}K IO~h d~y of Apr ii ~~3 ~ ~ Gke sum on the correspon~ng day oi rxh mo~th tAere-
afrer unlil the whote be (ully paid.
Each installment first sha!! bu appliad in payment of the ir+tevest and then on the unpaid balance a' the principai sum. If default u msda in the '
payme~t of any installmant when due, and svch defa~lt continues 3~ days, lhen at tF?e option of the holder, ~r.d withovt any other notice, atl the remai~irtq ~
~nsraltmrnts shaU be due ar+d payable af pxc. Privilege i~ given ro prepay this note in whol~ o~ ir? pHt ~t ~ny time wiehout penalty. Pkither fwabearance,
nor scceptanc~ by the hotder thereot after any defavlt in any payments hereon, shall be deemed exte~sioo. A lata payment chargs of s 6•-_.7O sMil b~ ~
added to eac1~ i~stallrrKnt ~emaini~g vnpa~d 7 d~ys after its due date, and a like sum shail be added ro eath svth inslallment rertuinirg vopaid 7 days aftet
e~th sutceeding paYment date.
Each msaer, surety and endorser _ hc~eof, jointly a~+d severally, waives demand, wesen?mcnt protesl and notice of p~otest fw nonpayment, and funher
ag.ees ro any extcnsion of time of paymcnt, Either before or afta maturity, without notice to any of us; ar.d to pay all costs of collectiw~, includ~rg e
reasw+abte attorney's fee in the even~ oF a~y default F~e~eundc~, and hereby severalty waives alt benrfit of lw~sestead and excmption under the cau~~~~tion
and laws of each Stare of ~he Unitr! States, ~s against this obiigatan or ~ny extcnsion or renewa) hcreof.
W~tnesa t!~e hand and ieal of each Qarry. •
s/ Adam S. Waaner~ Jr. ~a cingj~qq
' _ adttlt ~pq
(5~?u
s/ Debra M. Jones, a sirr3le ~
$ 24.30 ~ S~ate Revenue 1dUlt
15~a~+ps~ aealls~ s~ erlqi~d aw+~
NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of iaid sum of s 16 ~ 2~' ~ and the pe?formance of the
co~enants and agreenxnrs hereinaf?er expreued, and fw d~vers 9ood ~nd.vslwble co~s~der~tions, by these presents, does grant, b~ryain, sell, rern~se,
refease, convey and coof'um umo tha MORTGAGEE, i1s socceuors rnd auigns, all that cenain lot, pieu w pucel of land, sitwte, lying, and beirg in the
~~~y ~ St . LL•C 1@ and Stett of Fbrida, dexribed as fdlows:
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Lot 18, Rio ttista Subdivision, as per plat thereof ;
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. on fiie in Plat Book 9, Page 6, af the Peiblic ~ _
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Records of St. Lucie County, Fiorida ;
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o~ A DO ~NtARY iAMP T~ X f 4
~ OEr .OF RE •
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= ~ Z l 3 0 ~
: ~ IN PAYfAEt~tT OF TAXES ;
~ Q ` RP~EIVfD r----!Y
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~ oue o~t tx~ss ~c ~~~n~~e~E ~R:,~:~ai ~~~iY.
~ . . . . . . Pu~wrr To au~r~ ~?cTS oF ~y~~~~
i f~pGER POITMS
j CLEI~( Ct~iCU~j OOURT. ST. WCIE 00~ f1A
f to9ether w~th all and singula~ the tenementa, hereditaments ~nd appurtances thereuMO bebrging or in anywise appertaininy thereto, arvJ aU tenri, issues,
` prxeeds and profits ~cuuing and to xwe from said premius, ait of which are included in the above and foregoinp dex~ipYwn snd habend~m.
~ TO HAVE AND TO HOID tbe sbove desuibrJ snd granted premises unto the said MORTGAGEE, ib svccesson u~d assigra forewr. Md th~ said
r MORFGAGOR iw t}~e 2 r hein, executors, adminisrnro~s ~~d assgns, hereby coverunrs with tM said MORTGAGEF, Fn wccessors and assig%
they are
rhat lawfvlly u~zed ~ji the said prcm~ses in Fee ,si~eplr, tha~ the same are fre,~, dear and discharged from sll I'~eia ~nd encu~
b.ances in Isw or in equity, and that t"'ey will and the i r ~11 wsrrant aad defend the titk to the s~me to ihs said
i 1~OitTGAGEE, its successors snd assigns, Eorever against the lawfui daims and demarxls of ~II perwns;
PROVI~ED, ALWAYS ~hat if fhe MORTGAGOR shall pay on+o tF~e MORiGAGEE the promissory note hereirsbefwe dexribed and shsll tnity, promptly
~nd fully perfwm, d:schar9e, execute, compkte, comply with and abide by exh and every the st;pulations, ~greemenri, condiYa~n snd twenann of said
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promissory nose and of this Mortgage, then this Mwtgaoe and the Estate hereby created shall tess~ and be rwll and voi.~. -
, IT IS UNDERSTOpD that the wad "Mortgapw" whethcr in the sirgular o? plwal anywhere in tfiis Mortgage, shall be sinQulx if ons oefy aod
shall be plu?al 'pintly and severally if more thsn wu, ~nd that the word "their" as vsed anywhere in tha Mwtgage shall be taken to me+n "hi~„" "hers," -
or ",ts," wherever the conte~ct ao implies or adnits, Also, that wherevd there :s a referente in the covenann ~nd eyteemenb herein cont~ined to any of
the parties hereto, the same shsll be cw~strued to mesn as wd~ as ttie heirs, kgal rtpresentativa, wtceuws snd auigns (either votuntary by act of fht
pa~ties or invduntary by operat;on of the IawJ of the same and that the covenants herein tontsined shall hind ~nd the benefeb and adv~nt~es imne
~o the respective heirs, leg~l representatives, successas ~od au~gns of the psnies hereto.
' A++d ssid Mort9agors, for themselves and their hein, :e~al represematives, successors snd auigns, hereby jointly snd sevaslly covenant ~nd apr~e
j ra and with tim said MORTGA~fE, its wccessws and augns: _
1. To psy aH u+d singvlx the p.incipa! arw) interest snd the wrious snd sundry sums of mooey payabie by virtue of said promissory nwe, ~nd this
mortgage, exh and every, promptly on the days respe=tively the ssme sewralty becane due.
2. To pay all snd singvlar the ta,crs, assessments, levies. I;abil~ties, obliyatioos and encwnbrsnces qf every natwe and kind now on said da~ribed
Property. or that hereaher msy be ieposeA, svffered, placed, levied, a aucssed thereon, flr that here~fter msy be levied or usessed upo~ this Mort¢
age, o? the indebiedneu sea,red F~ereby, each and every, when d~e and paysble, xcordiny to law, before they becoms delinquent, u~d before any interest
, attaches .x any penalty is incvrred; AND INSOFAR AS ANY THEREOf (S Of RKORO TNE SAAAE SHALL 8f FROJIAPiLY SATISFIED AND O13CHARGED OF
RECORD AND 1HE ORIGINAL OFfIC1Al DOCUMENI (SUCH AS, FOR INStANCE, TfiE 7AX REGEIPT OR THE SATISFAC110N PAPER OFFICIAIIY ENaORSED
pR CEftTIFIEO; SHJ1ll 8E ~tACEO IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AfTER PAYMENT; ~nd in the event th~t ~~r thereof is not
pa~d, sst"sfied and d"escharged sa:d MORTr,AGEE ma/ ~t any time pay the same a sny patt thereof witravt wsiving ot sffe:tiny a~y o~±tion, tien, equily w .
•~qht uncler w by virtue oi this mortgage and tlx full xnount of exh and every such payment shall be im~ned~~tely dve and payabk ~nd shall beu interqt
~.om the date thereof „nril ps~d at ra~e oi n~ne per centum per annum and fogefhe~ wifh wch interest sl•a~O xs~y~~ ~~~~p~y~a~ytape-
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