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HomeMy WebLinkAbout2029 , ~~54~~ THIS INOENTURE. IWd~ tl» ~`th day of `Ji~1U~Yy . A.D. 19-~~ M~w~^ - Williaa Chen and Doris Chen, his wit~ •-'r-T_1-: , ' of $t. LuCi! Cow+ry Florida, Mr~~ftN dsiiyn~~ed +s 1~~"MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN ASSOCIA110N OF FORT PIERCE, • corporation wpaniztd ~nd ~xi~tinp undK tM laws of tM U~iNd S~~~~~ oi-An»?iu ~+d Mvinp iri principal plac~ of buw~s in tM City of Fat Pi~ra. St. luci~ County. florida. MrtinaftK de~ipnated as tM "MORTGAGEE.•• WHEREAS tM MORTGAGOR is ~atly ind~bqd ro th~ MORTGAGEE ii+ tht sum of i 41 ~ 2~A. AA yood ~nd lawful money of the U~~ted Sut~s advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by • catain promiuory note of ewn date her~with, of which 1M followirp i~ wad~ a~d figw~s ~s a nw coPy, to-w~~: 10p19329 = 41 ~00.00 ~ Fo?~ P~..a. Fio.~d.. January 24 19 73 ~ For value recaved, 1, we w either of us, promise to pay, without dafalcation, to ~he wder of FIRST FEOERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE al Fwf Pierce, fbrida, the sum~'~ 2~ with interest from date at ths rate of 7• 5 96 p~ ~~~+um, in ma+thly install- menn u follwen: =~82•~ o~ the 1Othd~y of .1111Y 19 7~ and a like sum on the correipond~ng d~y of each month there- ~ sfter until the wholt be fully paid. ~ EKh imtallment first shall be +pplied in payment of ths i~terest ~nd then on the unpaid balance of the principal sum. If defauN is mad~ in the payment of any insrallment whe~ dw, u?d s~ch default continues 30 days, then at the option of the holde~, and without any othet notice, all the remaininy ~nstsllm~nn sF?ill be due and payable at once. Privilege is yiven ro prepay this note in whole o~ in part ~t any time without penalty.- Neither forebsarance, ~ nw attept~nte by the holder thereof after ~ny defsvlt in any paymmts hereon, shall be deemed extension. A late psyment tMrqe of ~.19 • 1O sha~~ bs ; y~ added to each ins~allment remaininy ~npaid 7 days afte? iri due date, and a like sum shall be added to each such installment remaininy unpaid 7 dsys after ~ ~ each wtteeJing payment data + Each m+ker, sur~ty and endorier hereof, joinNy and se~erally, waivea demand, presentmeN protest a~d notice of protest for nonpayment, ar?d fuAher ~ agrees ro any eatensio~ of tune of payment, either before or after maturity, without notice to any of vs; and to pay all costs of mllection, includinp a ~ reasonabk attorr~ey's fee in tM event of any defauSt hereunde~, snd he~eby severally waives all benefit of homestead and exemption under the tonstitutiw~ ~ and laws of each State of the United States, as ayainst thi~ obligation w ~ny extensioe ot rcnew~l hereof. 3 v ~ Witr?eu the hand and seal of each party. ~ . s/ Willi a Chen ~~U t , ~ ~ cs~?~~ ~ ; /~GGl6L~ i sn, cs~w ~ ( ~ 61 • 80 ) StaM Revenw (S+awM? w~o~ller ~w «ipinRl-n~t~~ NOW, ?HEREFORE, rhe MORTGAGOR for ~he purpoae of secvring payment of ss~d sum of = 41 ~20~-~0 , a+d the perform+nce of th~ covena~ls and ag~eemenb hereinafter expressed, and fw divers good and v~lwble considerations, by these presents, does grant, barysin, ull, remiae, ` release, tonvey and confirm unto the MORiGAGEE, ib succeuors and ~saigns, atl that certain lot, piete w parcel of I~nd, sitwte, lying, and being in the ~ ~o„~~y ~ SL. Lueie and State of flwids, dewibed ~s follows: Lot 8, Block 1~~, 9DU?H PORT ST. LUCIB, L~+IIT ~1, : ~ as per plst thereof on tile in Plat Book 15; ! ~ . ; Pages I5A-19C, of the Public R~cords of St. i,ucie ' 6 COtlAty?~ FZOr1Y8 I i . ; ~ f f ~ ' . ~ ~ ~ A oF FLORIDA ~ ~ . y 6~~ o~ ` ~ ~ OOCU ENiAR1f .--~.,~,SjAMP p~ oN ~s'C ~NiI~N~~~ ; ~ ~s ~ ie~i. ~ ~ To au~vra~ n-i~. ; ,°~1 ~ ~EPi.BF RE1fEN11E y c t ~ 8t PU R06ER POITRAS ~ _ = ' ~ pp~tT~ S7. talC1E 04. ~ ' c' ~ ~..,,,.s' ~ CLERR CIRCWj ; ^ o % 11~02 s rogether with ~II and iirgulsr the tenements. F~ereditaments ~nd appurt~nces thercunto belongirg or in anywise apperiainirg thereto, snd all renn, issues. Proceeds a~d prof~n acuuing and to acuue from s~id premises, all of which ue included in tF~e ~bove ~nd foregoirg description ~nd habendum. TO HAVE AND TO HOL~ the above described and 9ranted premises unto tM said MORTGAGEE, its succesao~s and auipns forev~r. /1nd tM s~id their I~IORTGA for hein, execufors, administratas and auigns, he~eby covtnanri with the said MORTGAGEE, its wccesaws ~nd assgm, ? rhar -~@y ar@- lawfully seized of the said premises in fee simple: that the same ~re frae, ckar and dischu~ed from all liera and encum~ ` l brances in law a in equity, and that t~Y will and their hein iF~all warrant and defend tFw title to the ume to ths said N10RTGAGEE, its succeu«s and +uigra, forever pairut the I~wful clsims and demands o# all penaa; ~ PROVIDED, ALWAYS tMt if tM MORTGAGOR shall pay unto the MORTGACsEE the promissory note hereinbefore de~cribed and sh~ll trvly, promptly ~ ~ and fully perfwm, dixha?pe, execute, tompkte, comply with and abide by eath ~nd every tF?e itipulations, ayreemenri, tonditions ~nd toven~nb si ~ pram3swry note and of this Matyaye, then this Mortga9e and the 6tate hereby ueafed sh+ll cease ~nd be null ~nd void. ~ IT IS UN~ERSTOOD tMt the wwd "Mortysga" whether in the singular or plursl anywhere in this Mwtg~ye, shall be sirpulu if one only and ~ shall b~ plural jointly ~nd kverally if mwe than one. ~nd that the wwd "their" ~t used anywF~ere i~ this Mort9sge sh~tl be taken to mean "ha;' "hen," ' o~ "its," wher~wr the context w implies or admits. Abo, that wherevcr there is a reference i~ tM tovenants u~d agreements F~erein contained ro~ny of ~ rhe putiea hsreto, tM ~arn~ ihall be construed ro mean as well +s tM heirs, ley+l representatives, sucussors and asi~gro (either volunury by act of th~ ~ parties o~ i~volunury by operation of tl+e I~w) of the same and that the covenann herein contained shall tiind and the txnefiri and sdv~ntayes inw~ to t!?~ r~spediw Min, bgd representatives. wccesson a~d au~yns of the parties hereto. ~ Md said Mortyayws, fw themulves u~d tF+eir hein, leysl representstives, succeuws ~nd ~ugns, hereby jointly snd ~everal.ly cov~nant a~d apr~e ' ro and with th~ aid MORTGAGEE, in succeswn ~nd augm: ~ 1. To pay all ~nd sinpvlu tM princip~l and int~rest ~nd tFM wrious and sundry wms of moneY paYable by vinue of said promissory note. +nd thia ; ~ mon9ap~• ~ach ~rd ~wry, prpnptly oo tFK day~ r~spectively the s~me sewrally txcan~ du~. 2. To pay ~II ~nd sirgular tM t~xes, assessmants, levies, liabilities, obliyal'ans ~nd ~ncwnb~arkes of every natur~ and ki~d _now on s+id d~scribed ~ prop~rty, p that Mreafte~ may b~ impwed, wffe~ed, plxed, Itvied, or +ssessed thereon, or tMt hereafter may b~ levied w asses~ed upon this Mortp- ~y~, o~ the ind~bMdrwu sscured hereby. each and ~very. wMn dw ~nd p+y+ble. ~ccordinp to I~w, befa~ ti+ey become delinquent. ~nd before any int~rat asracF~n w any penaity is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTLY SATISfIE~ AND OISCHARCaEO OF RECORd AND THE ORIGINAL OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO OR CERTIFIED) SMAII dE PUCED IN TME HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof a not pa~d, sN'tfied ~nd d~uhaqed sa:d MORIGAGEE may at any t~me pay the umt or any p~rt tMreof without wsivinp a affectinp ~ny option, lien, puity p ~.~ht unda a by virtu~ of this morly~yt ~~+d tFK futl amoum of each ~nd every such psyment ihall be immediately d~e a~d payable ~red iMll bta~ intapt ~~om tM dats thereof until paid n r~te of n~ne ptr centum per ~n~um An~ t ~ ~th s w~(~' II be sec~red by fhe lien o/ th:s morytap~. ~UaX~~ YA~:fWl~l~.U . _ . 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