HomeMy WebLinkAbout0173 25~309 t~
THIS INOENTURE. Mads the 4th day of June A.D. 19?~- betw~sn
arre StaAt and Caro2yn R.Staat, his wife
of S~ • T-1xC~e Cp~~fy p~a~~~ ~ti~aftK designated ~a fhe "MORTGAGOR,' and FIRST ffDERAI SAVtNGS AN~ lOAN
ASSOCIATfON Of FORT PIERCf, a corpo~at~on oip~ni:ed ~nd existin~ uoder tM lews af tM Unit~d Stat~a of Mwriu ~nd havinp i» pri~cipal piace of
business in tM City of fwt PiKU, St. Lucis County, Flo.ida, i?~reinafta desi~nated ~s tM "MORTGAGEE." ;
WHEREAS tM MORTGAGOR N jvatly G+d~bt~d ~o the MORTGAGEE in the sum of : 28~ 900~00 , good and law(ul monay of the Un+ted
Statet ~dv~nced by ths MORiGAGEE unto th~ MORTGAGOR, ~s evidenced by a cer~ain promiuory note of eve~ date herewith, of which tM foliowinq in
words snd figures is a tru~ copy, to-wit:
s Zs,9oo.00 ~ 100~9~-
Fort Pierc~, Ffaida, Jane 4 19_ ')3
For value received, 1, we w e~1Fror of us, promise ro pay, without defatcat~on, ro the order of FIRSi FEDERAL SAYINlGS AN~ LOAY ASSt~l~:T10N OF
FORT PIERCE at fwt Pierce, Flwids, the sum of : 28~ 4~_
~_~Q with inte~est from dafe ~I the rsts o~_% ~ annunti in monthly insla!!-
ments ss fottows: •0~ o~ the 1(~th day of July , 19~_ and e like wm on the correspo~d~~.g day of fKI1 1110r1tF1 tI1l/M
after until the whole be fully paid, y
Each installment first shall be applied in payment of the interest and then o~ the ~npa3d balance of the princ~pal tum, tf dafautf is mad~ ~ tht
payment of any i~stallment when due, and such defauft co~tinues 30 daya, thert a! ths opfion of the holckr, and without any other rqYKe, all the reme'u~k+g ~
~nstatlmen?s shall be due and payable at once. Privilegs is given to prepsy this nole in whole or i~ pert at ~~y tims without penalty. Nnither forebtw+nce,
nor acceptancs by the holde~ the~eof after a~y default in any payments hereon, shall bc decmed extens~on. A late payment charge of ~S
2!
,!O iMll be
added to each ina~allment remaining unpaid 7 days atte~ its due date, and s like :um shall be added ~o each such installment remsining unpaid 7 day~ aher
each succeeding payment dafe.
Each maker, aurety and endorser hereof, joiMly and severally, waives demand, presentment protest snd notice of proteit for rwnpayment, snd fuhher
agrees to any extensan of time of paymenf, either before w affer maturity, without cwtice to any of us; and to pay all costs of collecrion, includ~ng •
reasonable attorney's fee in the event of any defsult hereunder, and hereby severatly waives all benefit of homestead and exemption unde~ the constituYan
and laws of each State of Ihe United States, as againat this obligatiqn o? any exte~sion a renew+l hereof.
WiMess the hand and xal of each party.
cse~?u
_ s/ Darrel w. Staat ~AU
s Carolyn R. Staat ~
~ $ 43 ~ 3 S ) state Reven~e ~aU
i~«*p. <+w«++.1-ow -o.+sin.+-.w.~ .
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of ssid sum of S 28s9~•~
perfwmance of the
covenants and sgreentients hereinafter expreued, and for d~vers good and vatwble consideraYwns, by these present~, does grant, barqain, selt, ~emise,
retease, convey ar~d tonfirm unto the MORTGAGEE, its successort and auigns, a!I thaf ceniin bt, piete or parcel of land, situate, lyinp, and being in ths
Couny of St s I.liC1Q ~nd Srats of Fbrida, described as follows:
Lot 2, Block 2, ORANGE BLOSSONi ESTATES, as per plat thereof on file -
in Plat Book 11~ page 6~ of the public records of St. Lucze County,
Florida .
/P~ .
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~Y~ ~ '
oF ~~S~a ~5 ~
~ a~ ~w - ~ ~
P , ,
A~,~,ic~t~v~ .
~ f ~EVE . ~ • ~
a~ ~ Pt'O s Jd~~~
o'~ `J ~ ~ RECEJYED `S 7' ~ IN PAYMElR OF 7AXFS
~ ~ i T~02 pUE pN CUSS 'C' INTIWGIBLE PfRSONAI PRO,
~ER(YR.
~n ~ p11RSllANT TO CFIAPTER 71-134, ACiS OF 19/1~ rr
r O ROGER f01TRAS ~
CLERK CIRqIIT OOURT, ST. LUCIE 00~ RA
together with all and singu{sr the tenements, hereditaments ~nd sppurtances thereu~to belongerq w in snywise sppertainirg the?eta, ~nd aH rent~, iuues,
proceeds snd profits acuuing and ro acuue from said prem;aes, all of whicfi are included in the above and foreyoiny desuiption and habendum.
TO HAVE AN Tp jlOLD fhe above described a~ grsnted premises unto tt~e said MQRTGAGEE, its successors u~d ~uigns forever. And tM said
MORTGAGQR for ~he7'r helrs, exccutors, administr~to~s and sssigns, hereby covensnb with the said MORTGAGEE, iri sutcessors u+d assipro.
that thQY a re lawfully seized of the ssid prem~ses in fee simplr, thst ths s~me ars free, ckar snd dischar9ed from all Ifens and ~ncum~
brances in lew w in equity, and that they W~~~ a~ their heirs th~ll wsrrant a~d de~end the title ro the ~ame fo ths said
MORTGAGEE, its successors ~nd assigro, (wever sgainst the lawful claims and demands of all persons; ~
PROVIDED, ALWAYS that if the 1NORTGAGOR shal! pay unto the N10RTGAGEE the promiuwy note hereinbefore described and shall tn?ly, promptly '
and fuliy perfwm, discharge, execute, compkte, corteply with and abide by esch and every the ftipulstiona, ~greements, conditian snd coven~nri of said
promissory note a~d of this AAortgsge, tFe~ this Ntortgsge and the Estste hereby veated shell ceaae a~d be. rtuN and void.
IT IS UNDERSTOOp tMt the word "Mortgagor" whether in the singular p plu?al a~ywhers in this Mortg~ye, shall be sinyular if one only and
shaU be plural jointly and severally if more than one, ~nd that the wwd "their" ss used an re in this 1Nort f
ywhe 9sge shall be taken to rrKan "his: '"hen," ;
~r "its;' wherever the context w implies o? sdmits. Also, that wherever there is a reference in the covenants ~nd ayreeme~b herein contained ~o any of
the pa~ties hereto, the same shal! be construed to mean ss well aa the hein, kgal representativet, wtcesson and suigns (either volue?tary by ~ct of 1M
parties or involuntary by operafion of the taw) of the :ame and that the covenanfs herein contai~ed shall bind and tF~e benefits and advantapes in~re
to ti~e respecsive heirs, legal representatirts, successors and au~gns of the pa~ties hereto.
Md said Mortgagws, ior themulves and their heirs, legal representstives, succeuors and assigro, hereby joimly and saverslly covenant ar?d ayree
to snd with the said MORTGAGEE, its succeuors ~nd assigro:
1. To psy sll and singular the principat snd interest snd the varaus and s~ndry sums of mo~xy psysble by virtue of ssid promissory note, a~d tha
mortgsge, each snd every, pramPtlY on the days respettively the same sevenlly become due.
2. To pay aN and aingula~ the tsxes, assessments, levies, lisbilities, obligstio~s and encumbrances of evsry nat~re end kind now on said dewibed
properry, or that hereafter may be ;mpo~ed, suffe~ed, placcd, kvied, or sss~ued thereon, or th~t Fxresfter may be levied or ~ssesiet! upon thi~ Mortg.
age, a the indebtedneu secured F+ereby, each and every. when due ~nd pay~ble, accordin~ to law, befo~e ti+ey become delirpuent, ~nd befwe ~ny intaest
a~taches a any penalty is incwred; ANU INSOfAR AS ANY THEREOf IS OF RKORD 1HE SAME SHAtI 8E PROMPiLY SATISFIE~ AND ~ISCNARGED OF
RECORD AtdD THE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RECEIPi OR iHE SATiSfACTfON PAPER OffIC1ALlY ENDpRSEp
OR CERTIFlEO) SHALL 8E PLACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thet s~y thereof is not
paid, saYsfied and dixha~ged sa:d MORTGAGEE may st any time pay the same w a~y pan thereof witlw~l waiving w sffediny sny option, lien, pvify w
~~qht under o~ by virtue of this mortgage and the full amount of each a~d every such payment sha11 be immediately dw and payable and shall besr infetest
;~om the date the~eof until p~id at rate of nine per certtvm r annum and t ether wifh such inteOs~s ured b tys~iiMo( th:s mot9ts~e.
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