HomeMy WebLinkAbout0987 2548~5 ~
Tl11S INOENTURE. Mad~ th~ ~7~h d+y of M ~ AA. 19_?.~.. ~~n
_ Robert l~. Razner and Juanita 1~ Farser? h3 t rifp ~
of - St• Lt1C~@ ~ ~q~~y F~;~, ~eiMhN daigMt~d ~s tM "MORTCsAGOR," ~nd FiRST FE~ERA~ SAVINGS AND IOAN
ASSOCIA?ION OF FORT PIERGE, ~ oo.paarion oryuuud u~d txiitinp w~Jar tM lawi of tM Unitd Suta of M~eric~ a+d havinp in pr~ncipa! place of
b~ain~u In tlw CIry of fort Piac~. St. t~ Covnty. Florkla, j~ein~h~r d~~ipn~tld as tM "MORTGAGEE "
WHERfAS tM MORTGAGOR b ywtiy iod~bted w tM MORTGAGEE in ths sum of : 23 ~ 4~ good ~nd Ir,vfvl monsy ef the United •
States adwnced by tFw MORiGAGEE u~to the MORTGAGOR, as ~vid~~ced by a certai~ promissory not~ of ~ven date her~with, of whitA tlw fa}bwirg in
wudi ~nd fipur~s is • trw copy, to-wit:
s 23,~•~ ~p 1Q019871
fort rs..c.. Flo.w.. May I7, ~9 T3
For value received. 1, we w ~ither of us, promise to p~y, withouf tkblcaYron, to ths wder of FIRST FEDERAI SAVINGS AND IOAN ASSOCIA710N Of
FORT PIERCE at Forf Pierce, Florida, the sum of = 23ta~~~ with interes~ from date at the nte of ~9L per snnvm, in monthty instalb
ments as follows: _~96~~ on ths 10th day of Septenber ~ j9 73 and a like swn on the correspondin~ day of each month thsrr
aher ~ntil the whote be fully paid.
Fach installment first shall be applied in paymeM of the interest and then on the vnpaid balance of the p?incip~l sum. if default u made i~ tAs
payment of any installmeM whcn due, ud such detault continues 30 days, thcn at the option of the holder, a~d without any other notice, alt the remaininy
~nstaltments sh~tl be due and payabk st once. P~ivileye Fs given ro prepay this note in wlak w in p~rt st any time without perwlty. Neither forebea?ancs,
nw acceptuoce by tFa holde~ theaeof after any default in any p~ymeMS hereon, shall be deemed extension. A I~te payment charge of s 9•~~ shall bs
added to each inslallme~t remaining utlpaid 7 days afta in dus da1e, and a like sum shall be added to each such installment ~em~inir?y unpsid 7 days after
each sutteedieg payment date.
Each maker, surery and endorser hsreof, jointly and sevc~ally, wa;ves demand, presentment pro~est and notice of p?otest for no~paymenL and furthar
agrees to any extension of time of payment, eith~v befo~e or after maturity, without noYKe to any of ~s; and to pay all costs of collection, inctvdinq ~
reasonable attorntsy i fee in the event of any default hereunder, ~nd hereby uverally wsives all benefit of homestcad ant~ exemption under the constifution
and lsws of each Sqte of the United States, as against this Qb~yation or any exter+san a renewal hcreof,
Witness the hand ~nd seal of each party.
. (S~?U
s Robert L. Faraer ~
cs~,?u
s/ Juanita L. Farmer ~
t $35,10 ) State Revcnw -
(5~-w~il«i. wr~«i~iwal ~te) •
NOW, THEREFORE, ths MORTGAGOR for the purpose of securing psyment of said sum oi S 23~4~~~
and the performancs of tM
covenanb and ay~eements hereinafter expreued ~nd fw divers good ~nd v~lwbla cauiderations, by tMie presents, does gr~nt, baryain, sell, remise,
release, convey and confirm uMO the MORTGACEE, its sua.euas ~nd auigns, all tF?~t certain bt, pieu or p~rcel of bnd, situate, lyirg, and 6ein~ (n ths
Cwnry of St • LtIC~@ of Flwida, dewibed ~s fdlows:
Lot 5~ Block 175, LAKEWOOD PARK UNIT 12 A~ as per plat thereof
on file in Plat Book I1~ page 36 of"the public records of St.
Lucie County, r^lorida. , _ .
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~ . ~ Ill PAYMQR 0~ Tl~!
Di~ ON CU1SS'C IKiAlIG18lE PE~O~AL PRO?fR1Y~ -
pUR~MNT TO t~tAP'iER 71-134. ACiS OF 19/1
i106ER ~ORRAS
CLFRK Clit~'T OOUiCT. ST. WCIE 00. FUl
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F togethtr witb all and singular the tenemenn. hereditamen» and ~ppurtances therevmo bela~piny w in ~nywpe appertainirg the?eto, and all ren». isfues,
f proceeds snd profin acauing and to sccrue from said premises, all of which are induded in the ~bov~ and fore9arg desviption ~nd haberidum.
E TO HAVE AND TO HOID the above dexribed snd gr~nted premises unto the said MORTGAGEE, Hs woteswn +nd auiQra forewr. Md th~ ~aid
~ MORTGAGOR for ~gir heirs, executon, sdminisrratars and euign~, hereby wvenant~ witF~ the said MORTGAGEE, ib waessws u+d assipm,
~ rhat theY a=e tawful seized of the said
; ly p~emises in fee simplr, that tF» same are free, clea~ and discharyed from all li~m and encvm-
~ brantes in (aw or in i and ths~ thev
~ eqv ty, w,;~~ ~nd their ~;n wurant uid d~fend ths titk a the s~ms to the s~id
~ MORTGAGEE, in suctessws ~nd auigru, forever agair?st the I~wful claims ~nd dem~nds of dl pe~w~a;
PROVIDED, AlWAYS tMt if the MORTGAGOR shsll psy unto the MORTGAGEE the prom'usory note hereinbefore desaibei! and sh~ll fruly, promptly
and fvlly perform, d~icMrge, execure, complete, comply with and abide by escA ~nd every the sY~pulatio% ~greeaxnb, ca~ditiom and covensn» of s~id
j promissory note ~nd of this Mortgaye, then this 1Nortgsge and tF+e Estste hneby created sh+ll ces~ and be nvll and wid.
IT IS UNDERSTOAD thst the word "Mortgsgor" whethe? in tF~e s~ngular ot plur~l anywl~ere in this Mon9spe, shall b~ sir?p~lar if on~ only uid
shall be plural jointly a~d sever~lty if more tMn one, ~nd tha~ the word "their" ss used ~nywhe~e in tl~is Mortpspe sh~ll be t~ken to mesn "his;' "hers,"
~ or "ih," wherever the conte:t w implies or admits. Also, thst wherever tF?ere is a r~faenoe in ths cown~on ind s~eemenb herein oont~irnd to a~r of
; the psMies hereto, the same ihsll be tonstrued to mean ss well ~t the hein, le~al r~presentatives, wuessas ~nd assipns (either volunt~ry by ~q of th~
parties or involunisry by opention of the law) of the a~rne and that the coven~~n herein contained sMll bind snd tfw beriefib and ~dv~nts~s inure
j to the respective hein, kyal representatives, successors snd ast~yns of tM psrti~s herato.
° Md said Mwtys9ws, fw themselves snd the'u hein, ley+l representativa, succeston and ~ugns, hereby jointty arxl severally covenant ~nd .;~ree
~ ro snd with tbe said MORTCaAGEf, its suaeuws and su;yr»:
S
1. To pay all and sinpulr-r the principil a~d iaterest a~d the wr"wvs ane~ svndry swns of money paYsbb by virtue of said promiswry note, and tF?is
mortg~pe, each and every, promptly on the days ~espectively the same severally becane due.
~
: 2. To p~y ~II snd singvlx the ta:a, sssesur,enn, kvies, liabilities, obliy~Ywro ~nd encurnbrances of wery n~ew~ ~nd kind nou, o~ sa;d dssoribed
° property, or that hereaher may be impwed, wffered, placed, kvied, or ~sseusd thenon, w that here~Ha m~y b~ levi~d er asiased upen this Mat¢
~ a8e, a ths i~d~btedneu secured hereby exh and every, when d~e and pay~bk, auordinp to fsw. befon they become d~Iuiqueet, and befon ury iM~rat
! anaches a any penalry a incurred; AND fNSpFAR AS ANY THEREOf IS OF RKORD THE SAMf SHAII dE PR01MPilY SAi15f1ED AND DISCHARGED OF
RECORD AND THE ORIGINAI OFfICIAt DOCUMENT (SUCH AS, fOR INSTANCE, THE 7AX RKEIPT OR THE SATISFACTION PIu''ER OFFICIALLY ENDORSED
OR CERTIFIED) SHALL dE PIACED IN THE HANDS OF SAID N10RTGAGEE WITHIN TEN OAYS NEXT AFtER PAYMENT; a~d io 1F.e event that any thertof b rq1
~ paid, ut'sfied and dischar~ed w:d MORTGAGEE rtuy at any time psy the s~me a any pan thereof without w~iv~~q or affectirg any option, lien, pvity p
~~aht vnder o~ by virtue of this mor~gsge and the (ull amou~t of esch and every svch payment shall be irrrnedi~tely dw ~nd psy~bl~ and shdl bear intNest
` <<om the date thereof unti( paid at rate of ~~ne per centum per an~wm~~nd toy~ther w~th wch intNqt ~11 th~ litn of~~~ytape.
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