Loading...
HomeMy WebLinkAbout2735 , ~ ~ z~ss~ ~ THIS INOENTURE. M~.i~ the ~th day of MirCh A.O. 19~~...., batw~an I,eV in A. Dix and Vi rqinia C. Dix, his wi f e~ of ~~e Cpunty Florida, hc~e'u?aitK dssignataJ ~s 1!» "MORTGAGOR;' and FIRST FEUfRAI SAVIPI('sS ANO tOAN ASSOCIATION Of fORT PIERCe, • corpwation wya~i:ed :nd exisrinp under 1M laws of tM Unired St~as of M~eric~ and hrvinp ib principal pl~ca of busirwss in tM Ciry o! Fort Pierc~, St. lucie tounry, Fbrid~, hrne'uutt~r desipnated ~s tF~ "MORTGAGEE." WHFREAS th~ MI~RTGAGOR ts juatly indtbted ro th~ MORTGAGEE in the wm of = 12 , good ~nd lawiul mw+ey of ~hs Un~ted Siares advanced by the MORiGAGEE unto the M4RiGAGOR. as evwaocetl by a cena~o promiuory noM of even date here«~th, of wh;ch ths fatowir+p in wwds and (gwes is a t~w copY. ro~~:it: j 12.000.00 ~ 10019S11 ~ P~. F~~ March 7 19 Fo~ value recei~ed, 1, we o~ either ef us, promise to pay, withw;t de~alca~ion, to the order of FIRST FEDERAI SAVINGS ANO IOAN ASSOC~ATtON Of FORT PIERCE al Fort Pierce, Florida, the t~m of s 12 +~0 w~~h ~nterest from date at the raro of 7• 5 % pe~ annum, in ma~+thly iro'~i14 :-,e~rs as (oltows: S 97'~_~ on the lOtt~ A!31 73 s~~-~ y ' y of _ p 19 and a tike sum on the corre , da O{ NCA 1110ld~1 1hQfM , after unt:l the whole be fvlly paid. ~ Each inatallment finti shall be appl~ed ;n payment of ths imerest and ~hcn oo the unpa~d b~lsnce of the princ~pal sum. If defa~tt is m~ in ths parment of any installment wl~ee~ due, and such defauh continue~ 30 days, then at the opt~o.~ of ~he notde*, and wi~hout any ott~e~ notice, all fhe remaininQ :~~sTallmcnts shaft be due and payab:e ar ance. Privilege is g;ren to prepay this no!e in whole o~ in parf at aoy r~me without pcn~lry. lJ~ither fotebear~ncs, ' nor acceptance by ~he hotde~ ~hereof after ~ny defavlt in any payments hereon, shall be deemed extcnsion. A late payment charge ot `•8S, shall b~ : ad3ed to each im~altment remaining vnpa~d 7 days after its due da1e, a~?d a like sum shatl be adoed to each auch inatailment remaining unpaid 7 days after each svcceeding payment daTe. ~ Eath make~, surery and endo+xr he~eof, jointly aod sevcrally, waives demand, p~esrntment protest and not.ce of p?otest fw no~payment, and furt~.er agr:es ro any extensw~ of tune of paymcnt, either before o~ afte~ ~r.aturity, without notKe to any of us; and to pay all coats of collectia+, inctud~ng a reasonable a~torney's fee in the event of any default hereunder, and hereby severaliy waives all berr_fit of homestead and exemption under the constitutiort ~~,d laws of each State of the United States, as .+ga~nst this oblgatwn or ~ny eatcnsion or rcnewal he~eof. Ni~tness the hand a~d ual oi each pa~ty. , s/ Levin a. Dix _ ~~U . . ~ ts~?U ~ cs~?u s/ Virginia C. Dix ~ ; S 18 • ~ ~ sta+e aevenue ts~an,pa an~et~a~rct~gn~~i+a~af NOW, THEREFORE, the MORTGAGOR fw ~he purpox of sccuring psyme~t of ssid suT of i 12 ~ ~ a~d the performaoce of Ihs covenantt and ag.eements hersina(ter expresxd, and ta divers good and vslwble considerstions, by these p~esenta, doef grant, bar~ain, sell, rrmiu, retease, convey and tonfitm unto the MORTGAGEE, its successors and ~uigni, all that certain bt, p~ece or pucel of tand, sitwfe, lyiny, arwl being 1n ths County of S`-. Lucie and Sute of flwid~, described ~s fotlows: Apt. E-I-110 of COLONNADBS CONDOMIARUIrLS, yo. 4, a condoainiu~ accoYding to the Declaration of Condoainiu~ recorded in O. R. Book 198, at page 2833, of the P~blic Records of St. Lucie County, Rlorida, as the sa~e is aaended in O. R. Book 199s at page 850, and R. Book 20is at page 2744, ot the Public Records of St. Lucie County, Florida, TOGSTHBR WITH all. of its appurtenances according to sai:l Dec2aration. StBJECT 1~0 tt~ ter~s, covenants, agreeaents, oLligations and provisions of said Declaration of Condoainiua Rhich Mortgagor does in all things covenant - to l~tortgagee faithfully to observe and perfora. ~ ~O Oi= ~ ~ - r IN PAYMENT OF TAXES n~ -Q~(~-I~~M~~ ~Rr SO ~AP~ x f 611E ON CIASS 'C INiAhG18lE PERSONAL PRO?FRIY~ - A' •T' ' ' pl1RS131~Ni TO CFIAPiER 71-13t. AC?S OF 1971. ' ~ ~ = - NJ1~1! ~ I ~ ~ O ~ ftO~ER POITRAS ~ w a ~~f~p= 1 CLERI( CIRWIT OOURT, SL Lt1C1E G0~ FU~ a - i I,I ru3erher with all a~d singular the trnements, hereditamenb snd appurtantes ther wnto belwging w in anywise sppertsini~g thereto. ~nd all renri, issues. p•xerds snd p.ofin xuuing and ro accrue from said prcmises, all of whKh are included in rhe above and fo~egoirg deuript;on and hsbendum. TO HAVE AND TO HOID the above deuribed and gr~mrd p.emises unto the said MORTGAGEE, ib wccesson snd usi9rq faewr. Md tFr s~id t21@1? MORTGA~O R for hein, execvtors, admenisha~s and assigns, hereby coven~nts witF~ the said MORTGAGEE, ib successors and ~ssipns, rhar - tRey a re - lawfull se~zed of the said y prem[ses in fee simple; that the sarne ~re free, ckar and dischsrged from all 1'~era snd encvm~ ' brances in !aw or in equiry. and that thev will ~nd theiz he:rs ihall wsrrant snd defend the thk to the sroe to tht sskl MORTGAGEf, its successors and augns, forever sgainst the lawful clsims and demands of ~II persons; , PROVIDED, AlWAYS that if the N10RTGAGOR shrll psy unto the NWRTGAGEE 1Fe promissory note hereinbefore d~wibed and siull truly, promptly and fully perform, di~charge, sxecute, compkre, comply wieh ~~d sbide by esch snd every the stipvla~ia?s, agreements, conditions ~nd covensnn of said prom~ssory note and of this Mongage, then th~s Mwtgage snd the Estate hereby cre~ted s.~all cesse and be nu{( and wid. IT IS UNDERSTO00 that the w«d "Mortgagor" whether in the singufar or plu~al anywhere in this Mw~gsge, shall be sinyular if one only and ~ :hati be plurat jointly and sev~r~lly if mote rhan ona and that the wad "their' as used anywhere in th~s Motlgage shall be tsken to mean "his," "hen," or "its;' wF~erevc• the context so implies o? adrnits. Also, that wherever there is s reference in the covens~ri snd sgreemenn hetein conNined to ae~y of ~ rhe parties here~o, the same ahs!! be consrrued ro me~n as wetl ~s the heirs, 1ega1 repretenrativp, successors and ~uigns (either voluntary by scf of the A' parties or inroluntary by operation of the Iaw) of the same and that the cwensms herein contained shall b:nd ~nd the beoefib and +dvants9es i~w~ b\s ro the respectivr he:n, kgal representatives, successon and su~gns of fl~e panies hereto. v And said Morrgsgors, for thcmxlves snd rhetr heirs, legsl representstives, succeuws a~d ~ssiyns, hereby jointly and sevaally covenant and s~ree ~ ro and with the said MORTGAGEf, in svccessors and assgns: 1. To psy all and sirgolsr the prindpal and interest a~d the var'wvs snd wndry swru of nwney payabk by virtue of said prom7uory nae, and this ~ mortgsge, eacl~ ar.d every, promptly on the days res~ectively the same severally become due. A' 2. To psy all and singvls~ the ta:es. ~sscsimenn, levies. lisbiti~ies, oWig~tions a~d eexumbrancp of every nature ~nd kind now on ssid .iewib~d y Y p.operry, a tF~at herealter msy be impo~ed, wffered, plaud, kvied, or auessed the~eon, or shat hereafter may be kvied or usessed vpon this Mort9- ~o age, a the indebtedneu sec~red hereby, e~ch and every, when dve and paysbk, xcordi~g to law. before they become detinquent. ~nd betw~ any irrteresl oa~c artaches a a~r penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD iHE SAME SHAII 6E PROMPTIY SATISF:ED ANO DISCHARGFD OF RECORD ANO THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE tAX RECEIPT OR THE SATISFACTION P/1PER OFFlCIALIY ENDORSEO OR CERTIFIED) SHAII BE Pl/1CED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN ~AYS NEXi AFTER FAYM.fNT; a~d in !he event that any thereof a no1 pa~d, sat'sfied ar~d dixhuged sa:d MORTGAGEE may at any time pay the same a any pan thereof without wsivinq u affecting s~y option, lien, equity w •~aht unde? or by virtue of this morrgage and the iull amo~n~ of esch and every such payment shall be immediatety due and psyabk and shaH beu interdt '~o~., the date thereof until pa~d at .ste of n~ne per cen?um per annum and toge~her wah sucn interest shsll be secwed by the lien of th's mwgqye. ~ ~ . - : . - - - - - - -