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HomeMy WebLinkAbout2314 249396 ~ THIS IkDENtURE. Mad~ ihe 8~}1 ~y of March A.D. 19 73 betwtsn _ Mytlsnd A. Farr~er s?nd Joan Y. Raratr. his wile ~ of $t • i'~i@ Cwinty F~or~da, Mre:ryfter design+~ed as tM "MORTGAGOR," and Fl2Si F'DFRAL SAYINGS AND IOAt~ ASSOCfAT1pN Of FORT PlERCE, a owporat;a? wQanised a.~+d eaatirg ~e~dN IM laws of tM Unlt~d Suta ot /lmetica u+d Mvin~ in principai pl~ce of bw+n~si b ~h~ City of Fon Pi~rc~. St. luw Wuety. ilo~ida. FIltQiMfIN dfSi~Mt~ ~s th~ "MORiGAGEE:' WHEREA3 tM MORiG.1GOR is 'uut u?d~bqd ro ih~ MORTGAGEE in th~ wm of ~ i~ 1 y' • good and lawfvl monty ot ~he Un;fed Srates advanced by tla MORTGAGf[ .~nio ths MOAiGAGOR, u evick~ced by • urlsin pranissory not~ of even date herew~:h, of wluch tl~ f)11o~Ninp in wads and fywes is a ~~w topy, towit: = 1~~~0.~ _ Hp_ ~Q~ZSiiS~Z Fort Pieru. Ftorids. March 8 19 93 fw value fKNVld, 1, we w aitha~ of us, prom~se to pay, wilhout defafcation, fo the order of F1RST FEDFRAI SAVINGS ANJ LOAN ASSOCIATION OF FORf PtERCE af fort Pierce, Floride, the s~m of s l~i~~•~ w;th interest from due at the nte of7 •75% per annwn, in monthly instaU- ~~rnrs u foltows: = 95.~ ~ ~~i~L~1 ~y of April ~ ~q73 ~ ~;ke sum on tne correspw~d~ng day of exh montl~ therr after until the whole be fuity paid. Each insullment firs~ ~+all be applied in paymeot of the intcrest ~nd then c+~ the v~paid balance of the princ~pat svm. If default is rtwde In the ~;^-ca! af sny instat:mant when due, +nd such defavlt con~inues 30 days, then at the opYwn of the holder, end without any othEV noticc, all the remaining ' ;nsrallmcots shail be due and payabte at once. Priv:Iege is giveo to prcpay this note in whote o~ in part at ~ny time without pen~lty. Neifiro? forebearu~ce, nw ~cceptance by the hotder the~eof aftrr ~e?y defautt in anY paYments hereon, shall be deemed extens;an. A latc payme~t chargs of S 4'75, shall be added to each insta(iment rcmaining ~npa~d 7 days after ies due datt ar~d s l;ke sum afwll be sdded to each such insta~lmeM remaining unpaid 7 dsys after eacF~ sutteeding payment data i Eath make~, surely and endwset hereof, joimly and uverally, w~ives dema~d, p?esentmeN protest and eatice of p~otcst fw nonpayrn~nt, ~nd funhet ; agrees ro any extension of t~me of payment, eitixr be(ore w after maturity, without not~ce to any of us; and to pay all costs of collection, includ~ng a reasonabk atturruy's fre in the evont oE an; default M~eunder, u+d he~eby severally waives all benefit of Fwmestead and exa+np~ion under the constituYan and laws of each State of the United States, as against this oblgation or any extcns~on or renewal he?eof. Wit~ess the F?ind and ual of each party. . s/ Myrlaad A. Fa?r,er ~Ay R~?U ~?u 15 00 s Joan Ras~er ~ c $ ~ ~ star~ a~~~ hJilN, iHERfFORE, ~t~s MORiGAGOR fw the purposs of ucvring psyment of said sum of = 10~~~•~ ti and the performsnae of ths covenann aod agraem~nta hersinafter expreued, and fo~ drvers good aod vatwWe conside~ations, by these preien:s, does g~ant, bsrgain, setl, rem~se, refeax, convey and coniure unto the MORTGAGEf, it~ ~uccesso~s and augns, atl rhat cert~in lot, piece or pucel of land, sitwte, lyis+g, and being in the Counry of St . LLC i@ and Sut~ of Flwida, dcwibed u fdlows: - i Lot 2, Block 4, of 9OUfHERN VI6W SUBDIVISION, as per plat thereof on file in Plat Book 9, at Page 45, ot the Public Records of St. Lucie Connty, Flozid~ . ~ O ~ h ~ N S TAT~ oF F~.O R t D A~ r~ ~ rnR~urs~ecE ~P""'~ oF r,~ ~ N OOC NTARY~-~'ST~lMP iQ-~? ~ ~+uP~~ ~j.1~. ~soH.u p~~, ~ =EPT.OF REYENIIE ~a? ` • PB_ i 5. 4 0 i ~ p S~ 19)lil7~`' ~ = 12 ` + ~R ~ lUC1E / ~ • . . o = ~~~~.t i ~A ; fogether w~th aIl and sirgular rne tenemenls, hered'ibmenri and +ppurtsnccs there~nto betonging w in anyv? =e appertaininy thereto, and al! rents. iuves. proceeds and p~ofits acauing and to xvue from said premises, all of which are included in the above and foregoing description and habendum. TO HAYf AND TO HOID the above desvibed snd granted premis~s unto the asid 1NORTGAGEE, ia wccessors and auigns fwever. Md t1M ~aW MORTGA~,pR fw t~ir heir:, ezecutors, administrstws and auigro, herrby ctweoanri with the ssid MORTGAGEE. ib s~ccessws and utiyns, rhat they are ~~ully seized of the said premises in fee simple; that the ssme sre frae, cku and d"~sci?~r~ed from sll liens a+d entum- b~ances ia law w i~ eq~ity, and tl+st *hey will ar+d tbelr hein shall wsrrant jnd defend the title to the same to the said MORTGAGEE, its succeuors snd auigns, iwever syainsr the lawfvl clsims and demands of all persons; PRDYIOED, ALWAYS that if the MORIGAGOR shall pay unto the MORTGI4GEf Ihe promissory note hereinbefwe described and shall truiy, promptly ard fuUy perform, dixharge, execute, complete, comply with and sbide by each snd every the stipulatip?s, agreemenfs, cond;~wro •nd coven,nn of sad prom~asory note and of this Ahortgage, then this Matgige and the Estate hereby created shaN teas~ and be rwll snd wid_ IT IS UNDERSTOOp thst the word "Mortgagor" whethe~ in tfie singular or plwal anywF~ere in this Mwtg~e, ihsll be singular if ory~ only and ~~~n ~ a~~~~ p~~fr„ ~nd seve.ally if more than one, and thst ti~e wwd "~heir" ss used ~nywhere in this Mortgsge sFNll be tskan to mean 'Tis,•• ••hen•• or "its;' wherevcr the context w implies w admits. Also, th~t where•:er there is s ref~rence in the covenenn and ayreements herein contained to any of rhe panies he~eto, the aame shsll be construed to mesn -as well as the heirs, ley~l repres~ntatives, s~ccesson and assigns (either volontary by ~cl of the parties or invotuntary by operation of the Iaw) of the same and that the covensnb herein comained shall bind and the benefib ~nd sdvaMayp inwe ro rhe respective heirs, kgal ~represe~rarives, svccessws and ss~~Qns of tbe pa?fies hereto. And ssid Margagon, for then,selves and their he'u~, legal represent~tives, successors s~+d au~yro. hereby jointly and severally covecunt and ayree ro and with the qid MORiGAGEE, ifs successws and augrn: 1. To pay all u+d sirgvls~ the principal and interest and the wriovs ind svndry sums of money psysbte by virtue of said promissory note, and this mortg~ge, each snd every, promotly on the days respecrively the same sevsrally become due. 2. To pay a!1 and sirgvlsr the taxes, asaessmenn, levies, li~bi6tics, obligstions and e.KVrr?brances of every r~sture a~d kind naw on ssid dewibed Property. w that iweafter may be imFosed, suffered, placed, kvied, or suessed thereon, a that hereafier may be kvied or usessed upa~ tf+is Mort~- age, a the indebtedness secvred herctiy, exh and every, when dve and payable, accordirg to law, befws they become delirpuent, ~nd before ~ery interest artaches o? any penaly ~s int~rred; AND INSOfAR AS ANY THEREOF IS Of RKORD TNE SAME SHAII dE PROMPTIY SATISFIEO AND DISCHARGEO Of RECORO ANO THE ORIGIKAL OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCF, THE iAX RECEIPT OR iHE SATISFACTION PAPER OFflCIAILY fN00R5ED ~R CERTlFIED) SHAIL 8! PLACE~ IN IHE HANDS OF SAID MORTGAGEE WIiHIN TEN OAYS NEXT A~TER PAYMENT; and in tFx event tMt any thereof is not pa~d, saYsfied and dixh~rged sa:d MORTGAGEE may at any time pay the same or any psrt thereof without wsivi~g a affecting ~ny op~ion, (ien, equ;ty or •~qht u~der a by virtve of th~s mortgage and the (v~t amount of each and every such payment shall be immed"utely due and payable and shall bea~ interest ~~om the date thereof until psid at rate of n~ne pr~ cent~m per annum and together w~th such interest ihall lt' ~c fhe lien gtaye. ~c~x`~'~ ~r ~ - - . _ ~ a . ~ ~ . k "s; ~ F ~ ~~~~J~ a~W < ~F