HomeMy WebLinkAbout1098 ~4~54 ~ ~
THIS INDEiVTURE, 1Nd~ ~nR 31 st ~Y ~f _ .Ja=1llSY~_ a?.0. 19
73,, e.Mw~+
~2onald W. Ma.rtin and Bor~aie J. Martin,~ his wifg~
~f St . l.ucie ~;m~1 Flo~;da, hare~nafta dssignared as fhe '~AORTGAGOR," aix! FIRST FEOERAL SAVINGS AND IOAN
ASSpC1AT10N OF fOitT PIERCE. • corporat;on agan;zed and ex~stir,q urdsr tFr laws of tM (huted St~:~s of Amsric~ an.i Mvirp ;rs p~;ncipd pl~cs o}
bus+nsss 1n ~M City of Fon P;eres. Sf. luci~ Counry, florida, her~inatier d~ig~uted as tM "MORIGAGEE." .
WHEREAS tM INQRTGAGOR is justly ind~bted ro th~ MORTGAGEE in the sum o( ~ 13 t.._0~ good and i~wful mw~ey ol ~he Un:ted
S~atea advanced by tha MORTGAGEE unto the MORTGAGOR, ~s evidenced ly • urtaie p~omissory nW~ of even da/~ F?erew~th, of which ths loJlowing in
s o~'~ bouraj. ti a trw copY, to-wif:
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Z1000025
~ P;e,~., fl«;a,. Januar,y 31. ~9?~_
For vai~e received, 1, we w either of vs, prom;se ro piy, wit?wut defalcarron, to ~he order of FIRST FEDERAI SAVINGS At~J IORN ASSOCIATION OF
FORT PIERCE a~ fo•t Pierce, Flwida, ~he sum uf s I 3, Q~~. w~rh interest from date at 1he r~te of ~ per annum, in ma~thiy :ns~aN-
~„e~ts as fotloNS: = 107• ~ on tl,e Z~th day of Mareh , ~9~13 ~nd a Gke sum on the correspond~ng day of aach month rFurr
afrer until ~he whple bs fu!!y paid.
Eath installment fi:st sAall be applied in payment of the interest and ~hen on the unpaid b+lance of the psinc~pal wm. If defavh is msds ip the ~
;:a~ment of any insta~ImeM wF?an due, and s•xh default con~inues 30 days, thcn at the option o( tFie hotder, snd without any o1Fxr no+ice, afi the remain;n~ i
installmMts-l~alr.be due and payabfe at once. P~ivilege b g;ven to p~epay this rate in whole w iee ps?t at any t~me without pe~slty. Pki~hlr forebearanee, `
nw xup?viea~`~~nide~ thereof ateer a~y dzfault ie? any payments her~on, sha11 be dcemed extens~on_ A late payment ct~uge of S 5• 3$ shatl be ~
addet~ p ei1C~l ! rertwining unpaid 7 days after ib due date, and s like ~um shall be addeo b each auch installmant re~na~ning u~paid 7 days after #
eac:? ~ny ptliPde~t. date- i
~t maker, ~l~r`u~d erdorser he~eof, jo:ntly ar~ severally, waives demand, prex~tment p~otest and notice of wotest for ranpayment, and further ±
agie~Sfo.lny e:te~lon•pt time of pay:nent, eithcr before a a4ter ~naturity, v:ieFbut notice to ariy of us; and to pay atl msts of cotlectia+, inclvdi~g •
~ea~a~~F attor~ • faa in the ev~nt o( any defauit hertunds~, and hereby severally waives ail txnef;t flf homestcsd and exemption~nder the constiwian
,~aate_o~ the Uoited Sates, as afla~nst this oblgation or any exee~:an a ~enewal hereof.
•~!~hscd:and seal of exh party.
~ ` ~""'''ry p ~ S/ Ronald W. Martin
~t . • lu~~ ~AU S
:~tr~ ~ _~s1~ ' ts~au i
. a~c.-- 7- 93 ~~~'r" csE~?u =
, ; ~ (sE.~W
Q State Revenw ~
. ( , ~Ai87idTe) }
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PlbW: ~llERifORE, the MORTGAGOR fw tF~e purpose of securing Rsyment of said sum of s 13 ~ ~ and the '
performance of tM F
ccvsnann sndx~.~lnenn here~r?afeer expressed, and for dvc~s good s~d vatuable cons~vst~ons, by thes~ presents, does grant, b~rysin, seC, r~m~x,
rekass, conv~`~qA confirm una the MORTGAGEE, in uxcessors and auigns, aU that certain Iw, piece w parcel of Iand, sitvate, Iyirg, and lxirg in tt~e !
rJt . Lucie , u~ State of fbrida, deacribad a foliows: ?
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Lo~_ 1~, Block 2, of FLBfiTWOOD ACRES, as per plat thereof on file in
Plat Book 10, page 78, of the Public Records of St. Lucie County,
~lorida.
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o~ ~ I~ENiAR~ ~
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~ OE!'T. ~-1tEY'E!1{Ib ~ ~
~w ~ ~ ff#2171 ~ ~ S O ~ ~ • Gl~ IN PAYIIAENT OF TAXFS ~
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. o= ~?+e: • i DUE ON CtASS ~C ~NTAtrG~slE PE'S'.T-~al vr?07~ry~
PURSIIAKY TO CW4PTER 71-13i. ACTS Oi 19/1.
ROGER POiTRA.; /
CLERK CIRq11T OOURT, Sf. LUI:iE C0. F1A U
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together with all snd singular the tenements. hereditaments and sppurtsnces thereunto belonging w in anywise ~ppertsinirg thereto, and alI rents, iss~es, -
, proceeds and profin acuuing and to accrue from said premises, atl of which are included in the above ~nd fore9oing deuription and habendvm. -
TO HAVE AND O FtplD the ibove deuribed and gnr?ted pem;ses unto the said NIORTGAGEE, its svcceswrs u+d auig~u fwever_ Md tlr~ s~W !
u
MORTGA R for t eir ~;~s, executon, administratars and assigns, i+ereby covrnants with the said MORTGAGEE, iri successon and assiqns,
that -~ey are ~awfull seized of the sa~d
y yemises in fee simple; that the same sre free, clear ~nd dischsrged from aIl licns and entvm-
b~ances in !aw or in equity, sod tbat they M,~~~ their hein shall wsrrs~t and defend the titk to the same to 1he taid
h10RTGAGEE, its successors and aasigns, fo.ever against H+e lawful claims s~d demands of all perforo;
PROVIDED, ALWAYS thst if the al{ORTGAGOR shall psy unro the MORTGAGEE the p~orr,i?sory note here+ntxfore described and shsl! truly, p~ompfly
and fuily perform, d~uharge, execute, compkte, comply with and ab~de by esch ae+d every the stipu~ations, awreem.nt:, tor.33t::,os and covenanb of s+id
p:omissory note and of th~s Mortqaqe, then thia Mn.tg~v3e e~ t~, E::at~ : a:~t,p cre~iea s:~sii ce+se ar~ be noll and void.
IT IS UNDERSTOOD thit :he wwd "Moctg~gw" whether in the singufar w plwal aeywhere in this Mortgage, shall be sinyular if on~ only and
shatl be plursl joimty and sevenlly if more rhan o~e, artd that ri+e wad "rhei~" as use~ anywhere in this Mortgsge shatl be taken to mean "his,° "hen;'
or "its," wherever the co~text w implid p admits. AFso, thst wherever there is • reference in the covensnts and ~greert~enri F~crein contained to ~ny of
the parties hereto, the same shall be construed to mean as well ss the hein, kgal representstives, succKSOn and augns (eithet voluntary by act of the
parties or involuntery by operatiw~ of the taw) of the same and that the covenants herein cont~ined shsll bind u~d the benefits and ~,dv~ntages inws
!o the rcspedive heus, 4egal rcpresentatives, wcuuors and asrgns of the puties hereto.
Md said Mortgagors, for themselves arx! their hein, leg~l represcntativery successws and auigns, hereby jointty a~ s~veralty covenan~ a~d aqree
+a and w~?h the said MOR7GAGFF, irs successors and auigro:
1. Tc psy aU and iingulsr the printipal and interest and the various and sundry wms of moneY psYable by virtue of said prom~~sory note, and this
mortgsge, esth and every. p~omplly on the da~•s respettirely the same severalfy ?xcome drr..
2. ?o pay all snd singvlar tl+e ta:es, astessmen~s, kvies, liabil~tirs, obligstiau ind encvmb~~ncp of every nature ar+d kind iw~v on saed dascribed
Properry, or that he~caffd may be ;mposed, wffered, placed, levied, a auessed thereon, or that he~eafter may be levied a~ssessed ~rpw~ fhis Mort¢
age, or the indebtedness secured hereby, each and erery, when dve and psyable, sccording tc~ law, befwe they become delinquent, a~d befwe any imeres~
a+~Y P~~~h is incurred; AND SNSOFAR AS ANY THfREOF IS Of RfCORO iNE SAMf SHAII 8F ?ROMPTtY SATISFIEU AND DISCHARGED OF
RECORD A~ID THE ORIGIIVAL OFFICIAL DOCUiAENT (SUCI~ AS, FOR IN5IANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIALLY ENDORSED
OR CERTIFIE~) SHAII BE PLACED IN THE HANOS Of SAID AAORTGAGEE WITHIN TEN GAYS NEXT AfTER PAYMENT; and in the event that srty thereof is rwf
~a+d, saYSfied artd discha?qed sa'd MORiGA~FE may st any t:me pay the aame ~ a~y part theret~f without waiving w affectin9 any optwn, lien, eqviry d
•~qht undr or by virtve of this mortgage a~+d the full amoune of each and every such payment shall be immcdiate(y due and paysble u+d shall beu interest
~~om the date thereof until paid at r~te of n~ne per centum pcr annum ar.d roqenc~r with such i.iterest sMtl b~ secured by the lien of th:s moryta9e.
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