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HomeMy WebLinkAbout0368 • v :Z r~v V 1HI5 INCENiURf, Mads rne lOth d,Y of ApYil ' . A.O. 19~ ~~W.e~ GulfstrQas Apasta~n:s~ Inc.~ a Rlorida ~or ors ie., a{ St• ~'uCiQ CWnty Flwid~, her~in~ft~r designated as the "MORTGAGOR;' ~nd FIRST fE~ERAI SAVINGS AND LOAN ASSOCIATION Of FORT PIERGE, • capa~tion orpanized ~nd exittirq unde? tM law~ of fM U~+ted St~i~s of Artserica and h+viny in principal pl~c~ of busi~ass in IM Clty of Fwt Piau, St. l~ci~ County, Flwida. hereinahK d~iipnatsd ~s IM "MORTGAGEE." WHEREAS tFw MORTGAGOR is j~itly G~d~bted ro tM MORIGJ?GEE in tM sum of = 11~..~Z~~ ~ ~ good and lawful money of the Un~ted State~ ~dv~nced by tM MORTGAGEE unto ths MORiGAGOR, ss evidented by a cartain prpmiuory oote of even da~e he~ewi~h, of which ths fOllowinp in words and fiqurq is ~ trw topy, to~wil: ~.118,20A.00 ~10019~00 - Fort Pierc~. Flaida, ~si 1 1 ~ 19._..Ia~ Pw value received, I, we w either of us, promise to pay, withoW defatcat~on, to ~he order of FIRST iEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Piacs, Florida, the sum of j 1~s~2~~~ w•ith interest irom date a1 the ?ate o~5.% per annum, irt monthly install- ments s~ follows: = 1 ~~~~~or? the _~c~lday of ~C~~L_-, 19~_ and a like ium on t1a cor~espond;np day of each month therr afte? until the whole be fully paid. Esch installment first shall be applied in payment of the interest ~nd then oo the unpaid balsr?ce of ~he prindp~l s~m. If default is mad~ i~ tha payment of any installmcnt when due, and such default continues 30 days, thc~ at the optio~ of ~he holdcr, er+d without any other notice, sll the remaini~ ~nstallmcnts shall be dw snd psyabls at once. Privi{ege is given to prep~y this note i~ whole w in p~N ~t ~ny time without penalty. Neither faebear~nte, nor scceptsnce by the holder thereof afte~ any default in any paymeNS hereon, shall be deemed extension, A late payrrKnt charge of S~! ~4O thall bs added to each installment remaining u~peid 7 days sfter its due date, and a tike sum shall be added to each tvch installment remaininp unpaid 7 days after each succeediny payment date. Each msker, surety and endorser hereof, jointly and :ever~lly, waives demand, prexmment protest a~d notice of protest for ranpaymer?~, ae+d fuhhn agrees fo any extension of time of payment, either before w afte~ maturiry, without notice to any of us; and to pay atl msts ot .opllecfi6i~, 'in~IudinQ a reasonabk attorncy's fee in rhe event of any dcfautt h~~eunder, and hereby severally waives all benefit of homestead snd exemptiq~~~lM`ca~~stitution a~d Isws of each State of the United States, as against th7s obligatan o? any exte~sion or renewal hereof, • , GULRSTRBAM APARTMI~I~~ Witncss tha hand and seal of each party. ' s/ Abzahaa Hava. +S~.tatsnv~ s .i, . Corpozate Seal Aff ixed ' ' ~ ~+U s1 Btwen~ li~r ~ - $17? 30 s~ M~arv Hernd~.K~,; ( • ~ State Reve~ue • j.T ~ (S~wp~~.bwsw~{.~o1e) . " ti'.` NOW, THEREFORE, the lYtORTGAGOR for t!x purpose of tecurinq payment of ssid sum of - ~ perfomi~nc~ of th~ covenan~s snd a~reements hereinafta expreued, and fa divers good and valusble considerations, by these presents, doe ~Bi;- sell, remise, release, convey and confirm unto the MORTCaAGEE, iri sutteuors and aisigns, etl that ctrtain tot, pieq pr pucel of land, sitwt~-,'Ijr~, and beinp in fl~s Covnty of ~ St ~ L~iCi@ ~nd State of Florida, desvibed a~ fo!lows: All of I,flts 1, 2 and 6 and th~ South 24 feet of Lot ~~~1 ~ .0... !ti ' --o. N Biock 4, OCBqNVZBW SUBDIVISION, as pez plat thereof on OQ t~ - fike in PlatBook 6, Page 61, of .th~ Public Records of '~r~• ~ ~ ~ . ~ ~ St.. Lucie Couaty, Florida Q a ~ . _ z~~ _ w= 4 ; iui N 0 d t~l~ a?u~uiu - 3 - d nr P~rMart o~ r~ OtIE ON qASS 'C INTAMGIBLE PERSOHAL ?RO?ERiY, a a~ E i o ?URStJ~!(T ?0 ClIAPTE~ 71-134. ACTS OF 1971, Ros~rt roRtu~ J~~~ s~u~r ~~ac CIEAK CIR6WT OOURT. ST. LUCIE 00, F1A couM r . ; rogether wdh all snd singular ?he tenements, hered~tamenb snd ~ppurtances therevnto belonging a in ~nywise appert~ininy therefo, ~nd alf ren», iuoet, prp~~ and prof3ts acuuing and to accrue from said premises, sli of which are ir~cluded 'm the above a~d fwegoing description and habendum. TO HAVE AND T F1~t0 the above desaibed and granted premise~ unto the said MORTGAGEE, its successon e~d a~signs forsvar. Md ti» s~id ! MORTGACiOtR Fw ~ts - hee~i, executon, adm;n;strators snd auigns, hereby cove~anb with the si~d MORTGAGEE, its waesson ~nd assipm, rhat ~ i$ lawfully se~zed of tFx w~d p?em~ses m iee s~mple; th~t the ~ame are free, clesr a~d dixFurged from sll liens ~~d tncu~ brances in I~w a ie equity. and that it will and its hein shsll wsrrant and defend the title to the same to the saW MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of alt pertons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORiGAGEE the promiswry rwte hereinbefpe dexribed and ahsll truly, promptly and Iu!!y perform, dixMrye, execute, complete, comply with and sbide by each arxJ every the stipulatioru, s9reements, conditam and oovenanri of uid promiuory note ~r~d of this Mwtgsge, then this Mortgage and the Estate hereby ueated shall ce~se ~nd be nvll ~nd void. IT IS UNOERSTOOD thst the wwd "Mwtgsgor" wl+ether in the singular o~ pl~nl artywhere in this Mwtgage, sMll be ainyular if one only and shaN be plurel "pinlly snd ~everally if more than one, and that the wwd °their" as osed s~ywhere in this Morty~ge shall be takce to mssn "his;' "hers,° ~ or "ib;' wherever the context so implies o~ admits. Alse, that wherever there is ~ refererKe in rhe covenann .nd agreerr.enn herein con~ained ~o .ny of i the parties hereto, the ~ame shait be co~strued to mea~ as well as the heir~, kgal ?ep~euntatevq, successors and assgiu (either voluntuy by act of the parties or involuntary by operation of the law) of the ssme and that the covenants herein contained shall bind and tF~e benefits and advantayes inur~ fo the respective hein, leg+l representatives, wccessors and au~gra of the p~?ties hereto. And said Mwtgagors, for thertuelves and thei~ heir:, tegal represenrarives, succestors ar+d aa~iy?~, hereby jointly and sevaslly covenant ~nd ~grse ro and w;th the said MORTGAGEE, its :uccessors and assigas: 1. To p~y ~II and sing~kr tlx princip~l and i~terest snd the v~riovs ~nd sundry wms of money pay~ble by virtue of said promissory note, ~nd this mortgege, each and every, promptly ort the days respedively tlx ssme severalty become due. 2. To psy ~II and singutar the taxes, sssessments, tevies, li~bi~iries, obligationt and er+cumbrances of eve?y narure ~nd kind now oo said descrDbed property, or that here~fter may be imposed, suffered, placed, levied, a+uess~d thereon, w th~t hereafter may be levied or ~su~sed vpo~ this Mwtp- : age, a the indebtedness secured hereby, exh and every, when d~e ard payable, ~ccadirg to law, before tFroy become delinqveet, snd befwe sny interat attaches or any penalty ia incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DIS~HARGEO OF RECORD AND THE ORIGINAI OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSEO OR CERTIFIED) SHAII BE PLACED IN THE HANOS Of SAID MORTGAGEE WlTHlM TEN DAYS NEXi AFTER VAYMENI; end in the erent thst sny the~eof is not paid, sst'sfied and dixhsrged sa:d MORTGAGEE may at any time pay tF+e seme w any pan thereof witFwW wsivi~g or affecting ~ny option, lien, equity or ~i~ht under or by virtue of this mortgage and ~he ivll amount of esch and every swch payment shall be immediately due and payabk and shall beat interest ~ +•om the dete thereof vn?i! pa~d ar rote of n1~e per centum per annum and t ether w~fh suc~~ iq{ter be secur lieo of th:s mor t ~ ~ ~ ' ~ V 1/ 9 ~i1!~f. ~~~E ~ _ ~ ~ ; : = ~ ' ; : e ~'~i ~ ~ ~ ~ _ . _ _ --~:~6