HomeMy WebLinkAbout2098 ~49~~6 ~
THIS IN~ENTURE. Mad~ tM 23 rd ~y oi _ Febr ua ry _ n_p. 19~ between
Q. P. Nudson and Thel~a L. Hudson, his r~ife
of _ St. L-L+^~~y ~ Counry Florida, herein~ilet dcsignared as the~"MORTGAGOR," and FlRS1 iFDFRAI SAVINGS AhD IOAN
ASSCKIATION Of FORi PIERCE, a cwporation w9anized and e~~u~ng u?~de+ the lews of ~M Un~ted S~atas of Ame~ica and having its p~incipa: pisce of
busineas in tM Ciry o( Fw~ P~e~ce, S~. lucie County, flor~da, hcr~~after de~iynared as ~h~ "MOitTGAGEE."
WHEREAS th~ MORiGAGOR a jwdy indeb~ed ro iM MORfGAGEE in the sum oi ; 2~ ~ 6~0 good and lawiu~ money of the United
S~atea advuxed by ths MORTGAGEE unro the MORIGAGOR, as evidencad by a•e~tam promisswy no~e of even date herow:th, of wh:ch the ioilow~ng io
wads and figures is a ttw cop•/, to-wit:
s 23,600.00 ~ 1QgI9463
~ fo.r ae.~e. Ft«~d., F eb r ua r v 2 3 ~v~_
Fw vatue ~ece~ved, 1, we w eithe~ of us, p~omtu to pay, without defalca~;on, to the order of FIRST iEDfRA~ $AVINGS A!:D LOAN ASSOCIAiION OF
fORT PftRCE ar Fo~t P]erce, Ftor:da, the sum of S23f~~~•~ w;th ~nreres~ from date at the rate of 54o pe~ annum, in monthly ins~al6
:~en?s u fol:ows: S- 191 on the '1~ t h day of Pr a1 , 19? 3 and a t~ke sum on the cw~espondinq day of each month there-
afrer ~ntil ~he whote be Futly pa~d.
Each :nstallment firsr shall be applitd in paymenl of the inte?est and then on the u~pa~d balance of the ~+•~~c~oa! sum. If delault i~ made in the
paymen~ of ary iestallmrnt when due, and such defauh con~~oues 30 days, then at the opt~on of t!.e hofder, ~nd wir'nou~ any otner noiKe: ofl the remaln:ng
,~~stal{ments sAalt ?x due and payable at once. Privil~ge is giv~ to prr~ay this note in wholr or in pa~t at a~y time withaut penalty. Neit~S~ebearance,
^o~ acceptance by the holder fher~of after any default in any payments hereon, shall be d~rmed exrensiun. A late payrtxM charge of 5---~, sha!! be '
added to each in:ra~imenr remaininq unpa~d 7 da~~ after ;ts due date, and a I~ke sum shall be added to each such installment remaining unpaid 7 days afte~
each tucceeding payme~t data
Each maker, su~ety and endwser hereof, ~o~nHy and severally, walves Jemand, presentmeot protest and notice of protest fa nonpayment, and further
agrees ro any extension of r:mr oi payment, eitiur before or aftcv matui~?y, w~rhaut na!~ce to any of us; and to pay aIl costs of co!irction, inctud:ng a
rrasonabte arrorney's fee ;n :he event of ~ny aefautt Aerr~ndrr, and hereby severally wa;ves all beneiit of homestead and eaemption w~der fhe constitution
~~d laws of each State of ~he Un~ted States, as against this obtigation w any ex~enswn or re~ewal hereof. ~
Wirnes: tFk hand and seat of each party.
s/ Q. P. Hudson ~Au
(~?U
(SEAU
s ?helma L. Hudson ~y
~ $ 3 S. 40 ~ State Revcnus
#`~a~~cdl~d ars rigi~d swd•
23 600.00
NOW, THEREfORE, the MORTGAGOR fw the purpose of ucuring payment of sa7d sum of S • and the perforrn+ince of the
covenants and agreemenea hereinafter e,cp.essed. and fw divcrs 9ood and valv~ble conside?ations, by these presents, does qrant, baryain, se!!, rern~se,
re.ease, co~vey and confi~m unto the MORTGAGFE, its successors and auigns, all that cenaio tot, piece or pucel of land, situate, ~ying, snd being in the
tounty of St . I.uC 1 Q and State of Fbrida, descrilxd as follows:
Apartment No. C-1-201 of the CQLONNA~ES CONDOMINIU~ NO. i according
~o the Declarat ion of Condominium recorded in O, R. Book 187, Page
7b9, of the Public Recar~s of St. Lucie County, Flozida, as amended
by that certain instrucaent dated November 30, 1970f and :ecorded in
O. R. Bo~k I88, Page 1748, of the Public Records of St. Lucie Count~~,
Florida, together with all appurtenances thereto, together with an
u~aiviaec~nterest in the common elements and limited common elem~nts
thereof ,
SUBJECT TO the terms, cevenants, agreements, obligations and provisions
of said Declaration of Condominium which I?tortgagcr in all things does
covenant to Mort~ayee faithfu2iy to ohserve and perform,
.ti
o ST ~ oF ~LORlDA.~ -
- Q DOC~j,fTARY
oE~i.OS RErEh
E.-" .StAMp t~. X~ ~ u
~
e° _ ~ :
~w`~'? ° ` ~ :~Ak-7'li - ~ 3 5. ~ O , RP~EIVFD ~ IN PAY1dFNT QF T/1XES
o ~ ~ue2 ' I 9G'E ON GASS 'C lNTIWGIBLE ?E~ eal. P?OafRiY~
`••....s +
pURSIIANT i0 CFIAPTE4 71•131. !IL(S Of 1971.
ROGER POI~~}" /
CLEi{K CIRWIT CWRT. Sf. tiJL~t W. FlA
toge~her w~~h sll and singvlar the tenemcnts, hered~bments and appurtances thereunto betonging u in anywise apperfsining ti~ereto, s?~d a~l rents, iuues,
proceed~ and p~ol;ts acuuing and to sccrue from sa~d premises, ~II of which are included in the sbove and foregoirg dascriptan and habend~m.
TO HAVE AND TO HOID the above described and granted premises unto the aaid MORTGAGEE, its successon and auig~s forever. Md tM s~id
MORTGAGOR for -thQl r----- heirs, execvtors, administrato*s and assigns, hereby covenants with the seid MORTGAGEE, its suctessws and auipm,
~hat -th~]!- `Z-re - lawfully uiz~d of the said premises in fee simple; that the aame are (ree, clea~ and discharged from all liens snd encum-
trances in law or in equity, and that t heY w;ll snd t he i r he;n sFwll wsrrant snd defend the titte to Ihe sams ro the said
M!ORTGAGEE, its successors and assgns, forever against the lawful claims and demands of all persons; '
RROVlpED, AtWAYS that if the MORTGAGOR shall pay unro the MORTGAGEE the promiuory ~ote hereinbefw.e described and shall trvly, prompNy
and fully perform, d~xi~srge, execute, comple:e, comply wirh and ab~de by each and eve~y the stipulafions, agreements, conditions and tovenants of s~id
promissory note and of this Mortgage, then rhis Mcrrgage and the fseate he.eby aeafed sF~all cesse and be null and void.
tT IS liiVDfRSTOOp thar the wad "Mortgagoi' w}~tFxr in the singular or plursl anyMrhere in this Mortgsge, shall be singulu if one only snd
shall be plura! jointly and severally if more tF~a~ o~e, and that the word "their" as osed anywF~ere in th~s Mortgage thall be uken to mean "his;' '1xrs;'
or "its,° wherever the context so im~!ies or adriits. Atso, thst wherever there is a reference in the covensnls and sgreements herein tontained to any of
!he psrties hereto, the same shafl be construed to mean as weli as the heirs, legsl representativei, successors and auigro (either volunrory by sct of the
parries or inroluntary by operation of the law) of the same and ~hat the cove~ants herein contained shall bind and /he benefits and sdvantages i~v~e
ro the respecrive he~rs, lcgal representatives, svtceswrs and su~gns of the p~rties hereto.
And said 14~.ongagors, fw themselves ar+d the~r heirs, tegat reprexntatives: successo?s a~d asi~gns, heieby joi~tly and severally covenant snd agree
ro and with the said MORiGAGEE, its successws and assigns:
1. To pay al: and s~~.;,ular thc principai and iMerest and the various and sundry sums of moncy payabfe by vi~tue of said promissory note, and this
morrgage, each and every, promptfy on tF+e days rnpcd~vely the same uverally become due.
2. To pay all and singulsr the taxes, asxssmenta, leYies, I~abilit~es, obligstions and encvmbrances of every nature and kind ~ww on said described
property, w that heresfter may be ;mposed, wffered, plxed, !tvied, or asussed thereon, or thst hereafter may be levied or sssesseti ~poe~ this Morty-
age, or the indebt~dnesa secured hereby, exh and every, whe~ d~r and payable, xcording to Iaw, before they become delinqusm, and befwe ~ny interest
a+facnes or any p~nalty is incu~red; AND INSpfAR AS ANY TMEREOf IS OF RKORD THE SAME SHALL BE PROMPiIY SATISfIED AND DISCHARGED OF
RECORD AND THE ORIG:hAI OiFI~IAI DOCiJMENT (SUCH A5, fOR INSTAN~E, THE TAX RfCE1PT OR TFi"z SATlSFACTlOM PAPER OFFIClAIIY ENDORSEO
CR CERTlFIED) SNALI BE PLACEO IN THE HANDS Of y?ID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in 1F+e event tkat ar.y thereof is not
p3~d, sar'sfied and d~xharged sa d N10RTGACEE may st any time pay the same w any part thcreof wi~hout waiving or affecti~ any option, Iien, equity a
~~~ht ~nder or by virr~ of this mortqage a~ the fv11 amoun~ of euh and every such payrrxnt shatt be inunediately due and payable and shall bear interea~
.
~~om the date ~hereof un~~l pa~d at rate of n~ne per centum per an~um and together w~th such interest shall be sec L of th: r a
~~v~~~ ~'-'t_~
~ ~ " - F~
~ ~ , y ~
~k y'F'~fi ~ y. - S•' ~
z- ~r 3.^.o'W~_'._~++~ ~ ~.,w> v. . _ . IY'