HomeMy WebLinkAbout0471 254502
THIS INDENTURE, AMd~ th~ ~7lb day of Aarii - ~.c. 19~s~, bHw~
Lv~dwi P~d~esrn aad ?illi~ O P
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o{ St• L~C~~ ~y~~y fbrida, h~reie?~ftp d~siy~ated ~s tF+~ "MORTGAGOR;' and F~tST FE~ERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ corpor+tion orasr?iud and ~xiitinp u~ ths laws of tM Unit~d Suqs of M?~rka +nd Mvinp ib p~incipal plan of
busin~u in tM City of Fwt Pi~.u. St. Luci~ Co~nty,,Fbrida, heriuuftK de~~pn+ted as tM TGAGEE."
WHEREAS tM MORTGAGOR is j~stly ind~bted to tM MORTGAGEE in tM sum of ~ 1"~5~~~ ' good ~ad ~~wfvl monsY of the United
States adv~nced by the MORTGAGEE unto tM MOR~GAGOR, as evidenced by a certain promiuory note of ewn date he~ewith, of wh;ch the followinp i~
words ae+d fiyures h a trw copy, to-wit:
~ 18 ~ S~Q. ~ ~1~19785
~ Fort Pi~rc~. Florida. AAl~l Z7 19Z.~._
~ for value received, I, we w eithea of us, promise to pay, without defalcation, to the order of FIRST FEDERAI SAVINCaS AND IDAN ASSOCIA?ION OF
~ fORT PIERCE at Fwt Piercs, Florida, the s~m of ~_L~S~Qa~O with interest irom date ~t the rate of 7___~._59L pe? ~ru+um. in monthly install-
~ ments as follows: i is~~~ a? ths ~0-~ d+y o~pt~Y 19~_ and s like tum on ths correspond~np ~day of each mor+th therr
after ~ntil the whole be fully paid.
~ Each insqllment fest shall be +pplied in paymenf of the interest snd then on the unpaid bals~ce of the princ7ps~ wm. If default is ma!1e in the
~ payment of any irntallment when due, and such default continues 30 d~p, then at the opYwn of the holdar, and without any othrr notice, all the remsining
ins~allments shall be due a~d payabb +t w~ce. Privilegs is given to p?ep~Y this rate in whole w in piA st any time without pen+{ty. tJeither fwebearante,
Y nor acceptance by the falder thereof after any default i~ any payments !?ereon, shall be deemed extension. A late payme~t cMrge of ~,t~-. s~ll be
4 added to each installment rcmaining unpaid 7 days after ib dw date, and a like aum shall be added to each s~ch i~?stallmenti romaining unpaid 7 days afler
~ each sucteeding payment date.
^ Each maker, iurery and endwser hereof, jointly and severally, waives demand, p~esentment protest and notice of protest fw nonpayme~t, and further
agrees to any extension of time of payment, either before or after maturity, without notice to ~ny of us; snd to pay all costs of mllection, ie~clvd~ng a
, reasonabk attorr?ey i fee in the event of any defaulf hereunder, and hereby severally waivcs all beaefit of homestead and exemption under the constitution
~ and laws of each State of the United States, as against this obligation w any extension w renewal hereof.
Witness the hand ~nd seal of each party.
r~ s/ L~ ~AU
' (sewi)
s lie ts~wu
cs~?u
~ ~~?~~75 1 State Revenue
(i~~~wwMWi~w+«pind.+rr)
~ NOW, THEREFORE, the NWRTGAGOR for the pvrpose of secvring payment of said wm of: ~8~5~~~ and th~ performsnce of ths
covenanb snd agreeme~ri hereinsfter expressed, and fw diven good snd wluable tonside~ataro, by these prese~M, doss grant, barpain, sell, remise,
retease, conv~y +nd tonfirm vnto the MORiGAGEE, iri successon and ~uigns, all that urtain bt, p'iep or putel of land, situste, lyinp, and beirg in fhs
County of St• I'1iCif aod State of fbrida, described ~s follows:
Lot 20~ Blvck 3218~ POR? S?. UJCIB - FtARBS?A PINBS, UNIT 1, as per
plat tlwrQOf on file in Plat Book 16, Pag~s%~SA; 35B of tbe Pvblic
Records of St. Locie County~ Florida
; . . . . . . . . . . . . . . . . . . . . . . . . . . . .
! ~o,~i S~
Mp~A t T~
0 ~Yr S A1~AP ? A x~ i ~ IN PAYMENT OF
Q afr~. ~ Z~; ~ Z 5 ~ ouE o~ aus ~~~~c~~ ~RSO~ ~r,
~ s~ s I M
TI rI! ~ ~ V4 ~.Q ~ ` ~ PURSIIMiT TO G1APTER 71-134. ACiS OF 197L~~~
ROGE4 r01TRA3
c~ = ft~0i . CLERK CIRq1R COUR7, St- LUCIE CO., FIA
together with all and singulsr the terxments, haeditaments snd ~pqrrtanus thereunto belonging ot in anywne sppertaininy iherefo, and ~II renri, iuues,
proceeds and profin scuuing and to accrve from said premixs, all of wFiKh are inclwled in the sbove ~nd fora9oing desc~iption aod h~bendum.
TO HAVE AND TO HOLD the sbove described and gnnted premises unro the said MORTGAGEE, its wocessors aed +ssi9ns forevar. And the s~id
MORTGAGOR fw ~eir executors, administrators and augns, hereby covensnn with the said MORTGAGEE, its svccessors and assipro,
that thsy ar~ lawfully seiud of the ssid prcmises in fee simple; thst the same -are free, cle+r and discharged from sll liaeu and N+cvm-
brances in law a in equity, and thst ~e3/ will ~nd th~~ heirs shall wurant aod defend the titk fo the aam~ to ih~ saW
MORTGAGEE, its succeuors snd auig?u, foreve~ sgsinst the Iawful claims and dem~nds of afl perwra;
~ PROVIDED, AlWAYS th~t if the MORTGAGOR shatl psy unto the MORTGAGEE the promissory not~ hereinbefwe dewibed ard sh+ll trvly, promptly
~ and fully perfwm, discMrge, ~xecute, complete, comply with and abide by esch and erery the stipulatiwn, ayreemenri, condiYiom and covensnb of qid
~ promi3Wry note and of this Mortgage, t}~en tt?is Matysge snd the Estate hereby aeated sh+tl ceas~ and be rwll and void. ;
IT IS UNDERSTOOD tFwt the word "Matgsgor" whether in the singular or plwal ~nywhere in this Mwtyaye, shsll be sinpvlar if on~ on1Y u~d
shall be plural ioinNy and ~everally if more tMn one, and that the word "their' ss used anywhere in this Mwtg+ye sh+ll be tsken to mean "his;• ••hen,'•
or "its;' wherever the context so implies w+dmits. Alw, th~t wherever there is s reference in tM tovenants ud agreemenb hercin oontained 10 ~ny of
the partros hereto, the ssme sh~ll be tonstrued to mean u wetl ss the heirs, kgal representstres, wcceuors and ~ssigns (either voluMary by ~ct of the
pari~es or invduntary by operation of the law) of the same and that the coven+nn herei~ contained shall bind -~nd the benefiri and adv~ntspes inws
~ ro the respective hein, legal representatires, wcceuors snd au°gns of tt~e parties Fxreto.
And said Mortgsgws, for tF?cmulves snd their hein, kgal represent~tives, successon and auiyns, hereby jointly and severally covena~t and apree a
ro ~nd with the said NWRTGAGEE, ifs svccessors and auigns: '
i
~ 1. To pay all ~nd sinpvlar ths principal and imerest snd the wrian snd sundry wms of mooey paYabk by virtve of said promiswry rwte, and this
morty~ye, each and every. promptfy on the days respectively the same sev~r~lly becorn~ due.
2. To p+y ~II and sirgulH the taxes, aisessmenn, levies. lisbilities, obligstam and encumbsnces of every n+hne and kind now a+ said described
~ property, a that heresher may bt imposed, suffered, p~+ud, levied, a asses~ed thereon, w tMt hereafter may bs levied a ~uessed ~Ewn tlus Mort~
aye, a tF» indsbtedneu tecured hereby each +nd erery, when due and p+yable, accw~:inp to law, befa~ tF~ey become delinqveot, and before ~ey int~test
attaches w am penalty is intwred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII dE PROMPTLY SA115FIED AN~ DISCHARGED OF
RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALLY ENDORSEO
OR CERTff1ED) SHALL dE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYHIEN?; and in the evtnt that a~y thereof is not
paid, sat~sfied ~~d dischar~ed s•:d INORiGAGEE may at ~ny t~me p+y the same w any pa~t the~eof without waiviny w afitctiny any optan, lien, equity w
~~aht under o. b~ virtue of this mortg~ge and ~he full amount of cxh and e~cry iuch payment shall be i~nmed"utely dw ~nd payabk and shall be~r interest ~
~•om the date thereof until paid ~t rate of nine per centum per annum a~d toyetF~ w' f ~hall bt ~by the lien of th:~ morytaqe. j
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