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HomeMy WebLinkAbout1297 . ~5`7fl13 ~ THIS INOENTURE, Mad~ ths ' 13th day of '~~Ae A.O. 19 73 ~ benvssn Haro2d Yard and Nins Ysrd his wite of SL • I.1iC Q Cp~~~y Florid~, M~fIMfiN dtt3gnattd a~ tM "MORTGAGOR;' and FIRS~ FEDERAI SAVINGS AND IOAN ASSpC1ATION Of FORT PIERCE. • corpu,~tion orpini:ed and exii~inp ~nda~ th~ lann of tM Uo~ted Stat~s of America ~od Mvinp iri principsl pl~c~ of busin~a in tM City of foA PiKU, St. lucis Cow+ty. Fbrida, I+Keir?~fta d~synated tM MORTGAGEE." WHEREAS tM MORTGAGOR a'rystly ind~bted to tl» MORTGAGEE in th~ wm of = 22~~0•~ yood and lawful monay oi the Un~ted Srar~s idvanced by tF» MORTGAGEE unto ths MORTGAGOR, ss evidenced by • cen~io p~omissory note of even dats hereMirh, of which the foilowinq in wwds and fi~ures Is a tn?e copy, to-wit: :Z2.00~~00 ko 10--0-~~4-~00Z- Fwt Pierc~ Flwids. `J~e 13~ 1973 . Fw v~lue received, 1, we w either of ut, promise to pay, without def~lca?io~, to ths orde~ of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOPt OF fORT PlERCE at Fpf Pie~cs, Florida, rhe sum of ~ 22~~~~00 with interett from date ~t ths rate of 7 7~ per annw~, in mo~ti?ly inst~ll- roenrs as follows: ~ 181.~ on the 2Otb day of $eDteiber 19 73 a~+d a like sum on the cwrespondinp day of esch month therr _ after vntil the whole be fully paid. ' Each installme~t first thall be applied in psyment of ths interest and then on the unpaid balancR of the princip~l wm. If defauh h mad~ in tM payment of any instsllment when due, and wcF~ default continues 30 daya, then at ~he option of the holder, and without ;ny other ~otice, all ths remaining installments shall be due and payable at once. Privilsge is given to prepay thia oote in whok or in p~n ~t •ny t~me without penalty. NeitF~er fwebearancs, . nor scc~ptance by the ho~de~ thereof sfter a~y default in aoy payments hereon, shatl be deemed extension. A late payment chargs of i~ 9~O5 sh~ll be added to each installment rcmaining unpaid 7 days after iri due date, and a like wm shall be added to each such installment remaining unpaid 7 days after each succeedi~g payment date. Esth maker, surety and endo~ser hereof, jointly and severally, waives demand, presentment wotest and nofice of protest fw nonpayment, and furthet agrees fo any eztensiw? of time of paymen?, eethe~ before p after maturity, without notice to any of us; ~nd to pay all msts of mllection, irxludinp s reasonable attorney's fee in the event of any defautt hereunde~, and Fxreby severally waivcs all bencfi: of homestead and exemption under the constitWion and laws of .each State of the United States, as agsinsf this obtigation w any extension or renewal he~eof. Witness the hsnd and seal of each party. ~AU ~ Harold Yard ~p S33 00 s/ Nina Ya rd ~ ( • ) srate Revenue (SYmps.tarK~11~M?~O+isiwa4 wele) - NOW, THEREFORE, the MORTGAGOR for the purpose of sec~ring payment of s~id sum of r 2'~~~~•~ ~nd the pe~formsnce of tl+~ covenants and agrecmenb hereinafter expreued, arid for divers 9ood snd valwbte considerations, by tFie~e presenri, does gr+nt, bary~i~, sell, remix, release, coovey and conflrm unto the MORTGAGEE, iri successon aod auigna, all thal certaie lot, pieu ot pual of I~od, situate, lying, and being in the County of St. Lueie ~nd Sute of fiorida, dewibed as follows: iLot 31, Block 5, CORAL COVE BEACH,/a~s pe~plat thereof on file in Plat Book 11, pages 30A and 30B of the public records of 8t. Lucie " County, Rlorida ~ R~° ~ s c~ p.-~~AR~ s~ 1 , > ~ oo~a~ RN~N -3~'4d ~ ~ ~ o~P 3 - ~ • ~ ~FNE~ ' ~ : ni; ;~I t ~,r °c"` ~ ~ +r~l« +.y ' ac ~ P.e- JUE ON GA~'I:' iRT.Vif1bLE ?E~~:'J'.;L P';R'=Rfi, ~ ~~~ot ~T TO ::F1AP1E~ 71-134, AC7S ,~E 1s/i. ~ ` ° ROGER i~)ITRAS ~y ~ f:Ita'. ; CIR(.~UtT 9lHlP,t, Si LU~:iE CO, ~'uL 0 ~ : i ~ f : f i together with all and singulsr the tenements, hereditimenri snd appurtanus thereunto bebnging a in snywise ~ppensininp thereto, and ~II renb, iuvp, proceeds and profits scvving and to scuve from said premises, all of which sre included in tM abovs snd forpang desuiptan +nd h~bend~m. g TO HAVE AND TO HOLD the above dewibed and granted premiaes unto the ssid MORTGAGEE, its successon ~nd ~ssiyro forever. Md tM said ~ MORTGAGQR fa th-~lr - hein, execvton, administrators and assigns, hereby coveosnb with the lsid MORTGAGEE, Hs suaesson snd auiynt, i that - t11~ a re lawful seized of the said . Fy premises in 4ee simple: th~t the ssme are free, ctear and dischsryed from dl liera and encum~ 3 brantes in Isw or in equity, snd tMt tbQy vvi11 and thei r shall w~rcant ~~d deftnd the titk to tM sart?~ to th~ said ? MORiGAGEf, its successors and auigns, faever sg~inst tF~e lawful claims ~nd demands of •II persom; PROVIOED, ALWAYS tF?at if the MORTGAGOR shall pay vnto the N.ORTGAGEE ti+e promiswry note hereinbefwe dewibed ~nd shall tnrly, pramptly and fully perform, d~uharge, execvte, complete, comply with and ab~de by each ~nd every the stiputatiau, ayreemenb, caditio~+s and oovenann of said - promissory note and of this Mortgage, the~ this INo?fgage and the Estate haeby aeated shall ceas~ ~nd be nul) a~d void. ? IT IS UNDERSTOOD t}~at the wdd "Martgagor' whether in tl~e singulsr or plura! ~nywhere in this Morty~ge, shalt be sinyul~r if one only ~nd = shall be plural jointly and severally if more tMn one, snd that the wwd "fheir" as used ~nywhere i~ this Mwt~a9e ahstl be taicen to mesn "hts," "hen" or "its; ' wherever the to~text w implies or admits. Alw, that wherever there is a refererxe in the covensnfs and ap~eemenb herein contained to ~ny o/ the paAies hereto, the same shall be construed to mean a~ well ~s the hein, lepsl r~presentstiwes, svccesson snd assigns (either voluntary by act of tht . ' parties or involuntary by operaYwn of the bw) of the same and that the covenants ht?ein tontained shall bind and the benefiri and advaMyes irwr~ - ro the respettive hei?s, kga! representitives, succcssors and sss~gna oi ine p:.~~; .`.a:eta. ~ And ssid Mort rs, for themulves and their heirs, 1 al ro euntatives, sucussors and +u' ns, here ntl and teversll covenant ~nd r~e 9~ e9 P~ ~9 bY la Y Y ~p ~o snd with the said MORTGAGEE, its successors and auigns: ~ 1. To pay •11 snd singulsr the principal and interest and the vsriovs snd surxfry svms of mon~ey payb!e b~ vinue o! said promissory note, ~nd this ~ mortgsge, sach and erery, promptly on the days respectively the same severolly becan~ d~e. 2. To p+y +II and singutu tF?e taxes, suessmems. {evics, liabil~ties, obligatio~s +nd encumbrsnces of every natw~ and kind now on uid deuribed v propa?ty. w that hereafier may be impoted, suffered. Placed. levied, or sas~ssed thsreon, w thst he~e+iter m~y be kvied o? asiessed vpon this Mwtp- ~ sge, or the i~debredneu secvred hereby, exh and every, when due and psy~bk, sccordinp to law, befwe they becane delG~qusnt, ~nd befa~ any interest ~ atiathlf Or ~~y ptMlfy is incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SMAII BE PROMPTLY SATISFIEO ANO OtSCHARGEO OF " RECORD AND THE ORIGlNAL OFftC(AL DOCUMENT (SUCH AS, fOR INSTANCE, THE IAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSEO ~ OR CERiIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TfN DAYS NEXT AFTER PAYMENT; ud in the event fhst any thereof is not _ paid, sat'sfied and dischsrged sa:d MORTGAGEE may at any time pay the same w any part fhereof withovt wa+virg or affecti+g any option, lien, equity or } •~aht under or by vi~rue of eh+s mortgage and the fult ~mounr of each snd every such payment shall be immediately due and payabk ~nd ih~ll bear interest 3 ~rom ~he dste thereof until pa~d at rate of ~~ne per centum per a~n~m and toge~her w~th such ~nterey ~11-~ red by ~f th:s mwqtap~. ; Qni~r ; t.': ~1~' ~ ~ r.». _w. . _ _ - . _ . . , _ . _ - _