HomeMy WebLinkAbout0392 ' ~vi.V~ Y
TNIS IN~ENTURE. IM+d~ t~ '~~ttl ~y of Ma ~tf A.D. 19
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°f $t •~,tiCie Cpw+ty Fbrid~, I~~iMh~r d~~iynated ~s M"AhORTGAGOR;' ~nd fIRSi FfDERAt SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, • corpaation uyu?iud and exutinp w~dN IM laws of fM Unit~d Stahs of /1mKiu ud Mvinp its principal pl~c~ of
busir~s N~ th~ Ctty of Fwt Para. St. luci~ Cowdy. flptid~. h~r~in~ftK d~sippat~d u th~ "MORTGAGEE." •
WHEREAS tM MORTGAGOR ts jwtly ind~bt~d b th~ MORTGAGEE in the tum of = 9~ 8~' ~ pood and I~wf~t monsy of tFa Un+ted
Srat~a advanced by ths MpRTGAGEE unto tM MORiGAGOR, ai evidenced by • cenain promisswy oott of even d~te he~ewith, of whtch the followinp in
wads ~nd fi~urq it a trw copy, fowif:
s 9~~•~ N,10019584
fo.t Pterc.. fla~da. Ma rch 20, ~y 73
For val~e ~eceived, 1, ws or eithar of ui, promise to p~y, witha~t deFalcation, to the order of FlRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of
FORT PiERCE af Fwf Pieroe, Fbrida, tl~e sum of : 9+ 8~ with inlerest from dste at ths rate of 7~750Xa pa annvm, in monlhly instel4
ments u foJlows: = 93 pi the l~t~ day of ~y 1q 73 and a like sum on the cwresporxl~ng day ~f eaCi+ c+onth there-
after until ~he whole be fully paid,
Each installment first shall bs applied i~ p~yment of ths interest and thcn on the unpaid batance of the principat wm. I( defauh is mada the .
payment of a~y installment when due, and wch default cor~tinues 30 days, thm at the option of the holder, and without any other notite; aU the cemaininp
installmenri shall be due and payabk ~t once. Privilega is givee~ to prep~y this note in whole or in pan at any Ywne without penalty. Neitha forebeara~iq,
nor atceptance by tF+e holder tl?ereof after aoy defsult in any psyments hereon, shall be deemed extension. A Iate payment charge of =.~4:65. ,i„~~
added to each installment remainirg unpaid 7 days after t» due date, and a like svm shal) be added to each such instaltment remain'.ag unpaid 7 da~ aftti .
each succeediny payment date.
Eath maker, surery and endaur hereof, jointly ard severally, waives demand, presentment protest and notice of protest fw nonpa/menf, and f~rthet, ~
ag?ees to any extension of time of payment, eith~r before or after maturity, without notke to any of us; and to pay all costs of collectf6n; ic~cl{~djpp `a
reasonabte attorney i fee in the event of any default FMreur?der, and hereby severally waivef all benefit of homestead a~d exemption ~nder the constituYan
jnd laws of each State of the United States, as against this obligation or sny exte~sion w renewa~ hereof.
Witneu the hand and seal of each pa~ty.
. tsEAU
- s Cha rles Ba rber ~u
s re ea r r ~
~ ~14 ~ 70 ~ State Revenve
15++mp~wc~IMd. a~.ari~iwal w~r~
NOW, THEREFORE, the MORTGAGOR for the purpose of ucuring payment of s+id sum of = 9~8~•~ ~ and the performance of the
cove~tnts aod apreementi hereinaiter expressed, snd fw d~ven good and vslwble cons~derations, by these presents, does graot, bary~in, sell, remise,
release, convay ard canfirm ue+ro the JNORTGAGEE, in succeuors and auigns, all that certain bt, p'ieoe or psrcel of Iand, situate, lying, and being in ths
~W~~y ~ $t . Lnei e and St~te of Flaida, described as fdlows:
Lot G~ Block 4, 90UTHERN PINES SUBDIVISION, according to the plat thereof on
file in Plat Book 9, page 68, publie records of St. Lucie County, Florida
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~ ty OR p ;~;~~-~~j YaU?~`R~-
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r ~ ~ TARY ~ ~M~10 ~ ~ ~0/ ~~4~y~s~
, ~ ..e 1 ~MU~ , rA X ~ ' / ~ c,~~~- o~G~ ~
~ 0/ q~ ~ 1Wt2~~ ~ 4 ~ ~/i~ ~~tE ~1~\~~`~ Gp. E
~ 7 0 ~ ~,~o St. .
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together with sll snd iingular the tenemenb, hereditamenb and appurtsnces thereunto belonging w in anywise ~ppe~taininp thereto, and dl renN, issues,
proceeds snd profits xauing and to scvue from said pemises, all of which are included in the above and fwe~oing description a~d Mbendum.
TO FIAVE ANDtQ HptD the above desc?ibed end g?~nted premises unto tF~e ssid MORTGAGEE, in succesaora and assigrn fwewr. Md tM said -
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MORTGAGOR for hein, exetuton, sdministntors and ~uigns, hereby coveMnb with the said MORTGAGEE, its suaessors ind ~ssiptq,
that tbey a re ~aV1~U~~ ililld pf 1~1Q fiid
Y premises in fee iunple; that the s~me are ~res, clear and dischsryed from all liera and encum~
brtnces in tsw or in equity. ~nd th~t they will and thei~ heirs shsll warrant ~nd defend the title to the tare» to th~ s~W
,~nRTGAGfE, iri successors and auiqro, forever ageinst the lawfu! dairru and demands of ap pe~sons;
PROYtDED, ALWAYS that if the MpRTCsAGOR ahall pay unto the MORTGAGEE the promissory note hereinbefwe desc?ibed u?d sh~ll truly, promptly
and fully perform, dixMrge, execute, compkte, comply with and abide by esch and every the stipulstiaa, ayreemenri, conditioos •nd covenann of said
promiswry note ~nd of this Mort9sge, then this Ntortgsge and "tl+e Esfaie hereby veated shall cease and be nuN and void.
tT IS UNDERSTOpp tAat the word ' Mortgaga" whether in tFa iingular or plv?al anywhere in this Mwtpape, shall be tinyulu if one only ~~d
shall be plursl joimly uid sevewlfy if more thsn one, and that the word °their" ss ~sed anywhert in tha Mortpage sMll be take~ to me~n "ha," "hen,"
or "iri;' wherever the context w implies or admits. Also, thst wF~ereva. there is a reference in the covenants and apreemenq herein containsd to arty of
rhe pa»ies hereto, ths ssme shsll be construed ro meae as well u the hein, leysl representatives, svccessws and auig~u (eithsr voluntary by ~ct of the
parties or involu~tsry by operstan of ths law) of the same a~d that the covenanb herein contained shall bi~d and the b~nefih and advsntayp irwr~
ro the respective he'us, 1e9+1 representerives, successors and asa~gro of the pan;es hereto.
Md said MwtgaQws, fa tF~emselves snd their hein, legal representatives. successors and auig~s, hereby joiMly st+d severally tovenant and apree
to and with the said MORTGAGEE, its succasors ~nd ~stigns:
1. To pay all and sinpul~r the principal ~nd interest u+d the vario~s ~nd sundry sums of mo~ey psYabk by virtue of said promiswry note, and this
mong+ge, esch ~~d avery, promptly o~ the days respectively the same ~ever~lly becoms dve.
2. To psy aN and urgvla the taxes, assesxnenri, lsvies, liabilities, obliqatiau snd encumbrsnus of every nature and kind now on ~aid desp~bad ~
property, or th~t here~NN may be impoted, wffered, placed, levied, a sssessed thereon, w tMt hereafter may be levied a asseswd v~wn thb Mort~.
ays, w the indsbtednas sccvred Ixreby, exh ~nd every, wh.n dw u,d p.yab~•, aaordinp to law, bafore thsp bscom~ delinquent and befw~ any imKest
att+ches or a~r penalty is incurred; AN~ INSpFAR AS ANY THEREOf IS Of RKOR~ THE SAME SHALL dE PROJNPTLY $ATISFIED AND DISCHARGEO Of
RECORD AND iHE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFIC1AUY EIVDORSfD
OR ~ERTIf1ED) SNAII 8E PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER VAYMENT; and in the eve~t tl?~t any tF~eof is not
paid, sat~sfied and diicharqed sa:d lNORTGAGEE may st any time pay the same a any part the~eof without w~ivirp w affectitg any opYwo, lien, equity p
•iqht under or by vinue of this morigaye and the fult smovnt of e~ch end every svch payment shall be immediately due and payabk u~d sl+all b~+r intKest
kom the date thereof umil pa~d ar ra~e of ~cne pe~ centum per ~rnwm ~nd ro9e~her w~rh iuc1+ inre.es~ shall be sec~red by the lien of th:a morpape.
BooK ~ pacF
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