Loading...
HomeMy WebLinkAbout1996 , ;~ss48s ~O iH15 INpENTURE, 1N~~ th~ 29t~1 day of • Ma~ , A.D. i4~,~.., bttwt~n _ Wil2iam Sgip~a and Elizabeth TL ~p nks,~ h3~,,,~v~fe of ~?:a, Tt7[! f A ~ C~~fy Flo~;da, }~NtjMNN d~slpnated ~s 1M "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. ~ oapaatan oroanwd and exiuinp undK tM I~ws of t!w Uoit~d Suta of Am~ric~ ~~d havkq ib princip~l pl~u of b~ain~w in ttN City of Fort Pi~ra. St. luci~ Couory. fbrid+. INft1fNNN ~lt1~Mt~ N fM "MOIuGAG~Ebo 00 WHEREAS tM MORTGAGOR i~ juiily ind~btd ro tM MORTGAGEE M th~ sum of s ~ • yood ~nd lawivl mawy of the Veited State~ advanced by tM MORTGAGEE unto th~ MORTGAGOR. ~s evidenced by • cenain promisswy no~e of eveo date herewith, of which ths foik~win~ in ~ words ~nd fyurq a ~ trw copy, towit: + = 22 .0~0 ~ 00 plp_ ZOQZ ,~,L fat Pkrce Fbrid~, MA.T~~ 19~_ For wleie ~eceived, 1, we or eifhs? of us, prom;se t pa , without defalcation, to ths order of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIATION OF FORT PIERCE it Forf Pierce, fiorida, ths sum of : 2~ a~~~ ~ Q~ with interest from date at ths rate of per annum, in monthly inshl{- me~n as foilows: ; 16? - on the 1Q~ day of JIlLV , 19.3~. aod ~ like wm o~ tM cwrespondinp day of each month thsrr after vntil the whole be fully paid. c E+ch i~stailment iint shall be applied in payment of ths intc~est and then on the unpaed bslance of ths principal sum. If deisult is made ln ths psymeM of any instaliment wheo dus, and wch defauh continues 3p days, then at the opYwn of the holder, and without any othe? notice, ail the rem~ining installmcnts shall be due and payabk at once. Privilege is given to prepay thit note in whole u in psn st any tims without penalry. Neither fo~ebeanncs, nw ~oc~ptance by the hotdar Ihereof after ~ny defauh i~ any paymenb hereon, shsll be dermed extension. A late paymeM charge of ~ shall be added to each instsllment remainirg unpaid 7 days after in due d+te, and a like sum shall be added to esth svch installment ~emaining unpa 7 daya aftN eath sutteeding paymeM date. E~ch maker, surety snd endorser he~eof, jointly and ieve~ally, waivq demand, prese~tment protest and notioe of protest for rwnpayment, and further agrees to any ext~naion of time of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of collection, inclvdinp a reasw~abk attorney i fee in the evcnt of sny default heseunder, and Ixreby severally waives all bcnefit of homestead and ex~mption uncler the ca?stih?tion and laws of exh State of the United States, ss against this oblgation p any extension p~enewal hereof. ~ Witness the hs~d a~d seal of each ps~ty. . . ~Y/ Wi 11 i am 4ni nka ~ ' (s~?U (SEAU ~ ~ ~~,n~ Elizabeth T. $p3nks ~ ~ ) Stah Rev~n~e NOW, THEREFORE, the MORTGAGOR fw the purpose of tecvring p~yment of said sum of and the performaece of fhs covan.nn snd ayreemenn hereinafrer expressed, a~+d fw divers good and valwble c+auideratiora, by fhese pesents, does gr~nt, barpain, sell, remiie, rdeass, convey and confirm unto tM MORTGAGEE, its succeuors and ~ssiyns, all tMt certsin bt, piete or parcel of land, situate, lyinp, and beinp in ths Covnty of St _ I.llC ~ A ~ and State of fb?ida, dewibed a~ follows: Lot 13, Block 3~.2, PORT ST. LUCIE SECTION 25, according to the Plat thereof on file in Plat Book 13, Pages 32 and 32A through 321 of the Public Records oP 5t. Lucie County, Florida Q~. .~~4~~e' A N A~rt- Ya P 1 a~+~? u o~ ~ p PL p RE~~ • ~ 3~, Q 0~ ~ - ~~1 PIIYMDIf 0~ fl~f~ =r N ~ ~ IiAY~i~ ~ ~ ~ ON CLASS'C' INTANB~BIE ~h~l ~0?ERIY~ in ~ P.s. TO di~PTER 71'134. Ar•TS OF 19/1~,~ ~ ~ ~ ~Ot . . . YpfrER rORWIS ~ ~ p~pK ~~i ~i~ ST. LUCIE 00, F1A ~ togethcr with afl ~nd singular the te~emen», hereditamenb and appurtances thereunto bdorginQ or in snywise ~ppert~ininp tF~ereto, and ~II renb, issu~s, ~ poceeds ~nd profin sccruirg and to acuue from uid premises, all of wli~ ~re incl~Kied in tF+e above snd foreyoirg descriptan and habendum. , TO HAVE AND TO HOID the sbove desuibed and granted premises vnto the s~id MORTGAGEE, i1s waas~ws u~d usiyns fwev~r. Md th~ s~id MORTGAGOR for the i r ~~n, executon, adminiitratas and suigro, hereby covenants whh N~e ssid N~ORiGAGEE, its wocessws .ud ~uipra, that --x.~18-~ Ar ° lawfvlly seized of tF~e said prem7ses in fee simpte; thst the same ue free, clear ~nd discha~ged from aU liens and encurn- brances in Isw w in equity, and thsr t~ will and their hein shall wuraM and defand the titb to ths s+me to ths said MORiGAGEE, iri successors and sssigns, forever ~yairut ~he lawful claims and demands of all penont; PROVIpED, AlWAYS thst if the MORTGAGOR shsll pay unto the MORTGAGEE tFk prom'~ssory ~ote hereinbefwe described and sMll fruly, promptly • and fully perfwm, dixh~rge, execute. compkte, comply with ~nd ab~de by each and every the stipvlations, preemenn, conditioro and tovenanri of said prom+ssory note and of this AAortgage, then tbis Mortgsge and the Eatate hereby aeated shal) cease u~d be rwll a~d void. IT IS UNDERSTOOp tMt the word "Mortgagor" whcthe~ in the singular or plvral ~nywF+ere in this Matype, shall bs sirgulu if one only and sMll be plunl joiMly ~nd sevenlly if mors th~n one. ~nd ihat the word "their" ss u~ed anywi~ero in this Mortyage shall be isken to mean "hlt,•• •'hen; • a'its;' wherever the contezt ~o implies or admi». Alw, that wherever thero is a nfe.enu in rl,s covenann •nd ap•eernenn F~erein aonrained ro ury of ~i tix p~rties hereto, the tsms shatl be cautrued w me~n as well ss the heia. l~ysl rep~esent~tives. ~uccessors and astipro (aither voluntuy by ~cl of the Q.~ . parties or involur~tuy by ope~ation of the faw) of the sane u+d thst the covenann hsrein contsined shsll bind and tF~e benefits and advanta~s irwn ~ to the respactive F~eirs, legal represemstives, successon and us~g~» of the puti~s hereto. And said Mortgsgors, fw themselves and their heirs, leyal representatives, succeuon ~nd usiyns, hereby joimly and severally coven~nt ~nd ayr~e ~ to and with the said MORTGAGEE, its sutcesson and suigns: ~ 1. To pay dl and sinpvlu the principst and i~tarest u+d the wrious and ~undry sum~ of nwney paYibk by virtw of ssid promisswy note, and this morty+9e, each ~ed every, promptty oe ~hs days respectively the same swaally become dw. 2. To pay sll and sGgvlar t}~ ts:es, aiseswnenn, Iwies, lisbilities, oblqstiora a~d encumbrances of ~very n~ture and kind now on said d~~ed P?oputY: w tFut hereahK may be irrK.wed, wffer~d. P~aced, kvied, or ass~sred thsnon, or th~t her~afts~ may be kvied or ~sses~ed upon Nss Mortp- ~ ape, a tM h~debrsdness secured her~bY. ~ach and wery, when dvs s~+d payable, aawdirg to law, befa~ they becan~ ddi~quem, u~d b~fw~ amr intaest ~ ~tt~chtt w any penalty a intwred; AND INSOFAR A5 ANY THEREOf IS Of RKORD THE SAME SHAII dE PROMPTLY SAilSf(EO AND DISCHARGEp QF ~p RKORO AND THE ORtGIfVllt OFFIGIAL DOCUMfNT ISUCH AS, FOR INSTANCE, THE TAX RECEIVT OR THE SATISFACTION PMER OffICIAIIY ENDOItSEO OR CERTIFIED) SHAII SE PLACE~ IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN ~AYS NEXT AFTER PAYMENT; ~~d in tM event that ~ny thereof a not paid. s~t'sfied ~nd diuharged sa:d MORTGAGEE may at any time pay the tame o~ any psrt fhereof withow w~ivinQ a alfectinp any option, lien, equity a •pM w~der or by virtue of this mortgaye and the fvll ~mount of each ~nd every wch paymeM iMll be inwnedi~tely dw and payabk and sMll btar intKest ~•om the date therwf untit paid ar rate of n~ne per esnrum p~ annum and ~oycthe~ w~~h wch i~t~reu sMll be secwed by the lien oi th:i morytap~. - - _ ; ~ ~ r ~.v~ . ' ~~"~~`~fi~~ .