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HomeMy WebLinkAbout0495 258489 ~ THIS INDENTURE. Made ~he l8th day o( J~e A.D. 19- 73-- bet~ween ~ Peter T. Bahry, a single adult of St• i.ueie e,,,~?,, Florida, hereinafter de~ynated as the "MORTGAGOR." and FIRST FEDERAt SAVtNGS AND l0~?N ASSOCIATION OF FORT PIERCE, • corpwat~on wg~nized and ex~st~ng under the law~ of the Un~ted Stat~s of Amaric~ and having itt principal place of bu~~~ess in fM City of Fat Pierce, St. lucie County, Florida, hereinafter deignated ~ai ths "MORTGAGEE." WHEREAS tha MORTGAGOR is justly indrb~ed to ths MORTGAGEE in the sum of ~ 7 s 200~ OO 9~ and lawful money of the Un:ted States advanced by the MORTGAGEE ~nto thr MORiGAGO~, as ev~Jenced by a certa~n promissory note of eren da~e herew~th, of wh~ch the folSowing in words and fi~ures is a trve copy, to-w~r. ' S 27 ~ 200~ 00 No ~02~040 Fort Pierce. Florids, JIIC)Q 18 1973 ~ Fw value received, 1, we or e~ther of us, prom~se to pay, without defalcar~on, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOGIA110N OF ~ FORT PIERCE at Fort Pierce, Ftorida, the wm of 5-27l~~~~ w~th inrerest from date at the rate of 7! 7~o per annum, in moNhly install- ` mr ~~s as ~ottoWS: S.2O6~~~ on Ihe _?~hday of September _~9 73 and a like sum on the correspond~ng day of each momh there- after until rhe whole be fully pa~d. ~ Each ~nstall~nent f~rst shall be appl~ad in payment of the interest and rhen on +he unpa~d balance of the pr'~ncpal sum. li default is made in the ~ pa;mem of any ins~a~~mero when due, andsuch defa~lt con~lnves 30 days, then at the opti;,n of the hoider, and wifhout any other notrce, alf the remaining ~nsrallmems shall be due and payable et once. P~ivilege is giveo to prepay this note in wnole or in part at aoy ~~me without penalty. Neither forebeararxe, nor acceptance by the hoider thereof afrer any deiault in any payments hereon, shal) be deemed extension. A late payment charge of S 10.30 shsll be , rdded to each installment remaining unpa~d 7 days after its due date, and a lik~ sum shall be added to exh s~ch instaUment remai~ing unpaid 7 d~ys a(1er ~ each succeeding paymer.t date. Each maker, surety and endorser hereof, jo~ntly and severalfy, wa~vea d~mand, presentment proiest and notice of proteat (or nonpaymeM, and further a aqrees to any extens~on oF t:~r.e of paymen?, e~ther before o~ after matur~ty, without not~ce to an~ of us; and to pay all costs of collecrion, i~clud:ng e reesonabk attorncy's fee in the event of any daf3utt hereunder, and-hereby severally waives all benefit of homestead and eaempt~on u~der the constitution ~ a~~d laws of each Stare of the United States, as agamst thn obLgation a aey extens~oo or renewal her f Witness the hand and seal of each party. ' j. ~ (SEAL) ~ ~ ~ ~ . • :s/Peter Y. Bahz ~-sin 1 adult , ~ _ _ (SEAL) ~ (SEAI) ~ $4~~80 • - • _ (SEAU ~ ) State Revenue ~ iZ+aw~~~swwNeJ ~w~wgkwl-rw~t) 27 2~ CO NO'.N, THEREFORE, the MORTGAGOR (or the purpose of securing payment of said aum of S ~ • and the performance of the covenants and agreements hereinafter expressed, and for divers good and valuable cn~siderations, by these presents, doea g~ant, barga;n, selt, remise, v reiease, convey and tonfirm unlo the MORTGAGEE, its successors and auigns, alt that certain lot, piece or parcel of land, situate, lying, and being in the ~ St. Lucie County of _ ~nd Sute of Flo?ida, desuibed •s follows: Lot 3, Block 245, PORT S?. UICIS SDCTION 6, according to the Plat thereof as recozded in Plat Book 12 at page 36A~ of the Public Records of St. Lucie County~ Fiorida, - ao ' F ..i~k f `e1~. ~ Y~.~, u.: . ~ No 14392 3 Si 0 Of BfOMS ~ w s ~ .d~ I, LEO LEVY, Camt~ Clerk aod Cte~ ,~C~U1 ~ °°x CamtY. a Caut of Reoord inviag 1 j b~r law a seal. DO HEREBY • '1' t11 . . is ~ ~r'* _~"i r, : . ~ , . . ~ f a 4`` wmse mme is suFucnbea tu ~ ' o~bca te af admo~vkd~gmeat or p~eof, was ' ' at tbe time of taking tbe saa4s T pUB. Y~:~d'fdi the Smte of New York, dnt~ oommis- 'f ~ l: :::.-..=4 siooed and swoca andq m~5~ ~tle aE New York; tlnt purs~nt b~ hw a oommissioa. or a oatii~inte ~ - ~nto8~aph siS~e. have beea 51ed in aqr ' Q oH'iae • dnt as ~ Nomc7 ; '~y ~ laws of tLe Stabe ot New Yodc to admin- ' ; W~~ isoer oaths and aff'~rmatioos, to ^ vfl~dgmant or prooE af deeds. aDO~aBes. Doara's > and 6a~editaa~a~ts t~ be rad in erida~oe or 6aedi i i~"' 1 r ' r°~eoorde~d in this ~ Pr~` . • ~7 sHidavib and , sod that I am ~rell ~ I~ I I I I aoquainted wiW tl~e Laai ' ~~lic, a hane aoa~paral~~ • on the aona~ed ' 1- ;'r ma ~t i~1 bl! ~1b0~ii~i ~~p, ~`~Op~ 10 II~ 0~10l~ iOd ~it~M~llCt 13 ~ I '1 L i ~0... ~ ~ ~T~ ~R ~ilx IIh l~IZ~Od 1D~ O~ ~ fMa ~ . U i C~ • a, : ~ j 1 i: i ~ t.. 00 ~ VV~IE:BE~~: - ~ ~ ~ _ . ~ ~ : 3 p 1 0 ~ ~~q~ Cls.k Clerlr S+yrr~s Cowt, B•ons Coia~y ~ $ together with all and singular the tenements, hereditaments and appurtances thereunto belonging ot in anywix appertainirg iheteto, snd all rents, issues, ~ p~oceeds and prafits accr~+ng and to accrue irom said premises, all of wh~ch are irxluded in the above and foregoirg descripYron and habendum. ~ TO HAVE AND 10 F{OLD the above desa~bed and granted premises unto fhe said MORTGAGEE, ifs succefsors and sisigns forever. And the ~sid ~ h!ORTGAGOR for h1S----- he~rs, executws, sdminisnators and assigns, hereby covenants with the said MORTGAGEE, its svccessws and assigm, ~ rhat - hQ-1S----- lawfully sei:ed o( the said prem~ses in fee ~imple; that the ssme are iree, clear and dixharged from all liens and encvm- ~ ~ orantes in law or in equity, and that hQ will and h1S heirs shall wsrrant and defend the title to the same to the said ~Z MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay uMO the MORTGAGEE the p~anlsso?y nole hereinbeiore deuribed and ahall truly, promptly and fully periorm, d~scharge, execute, complete, comply with and ab~de by ea:h and every the stipulationa, agreements, conditio~s and covensnts of sa~d ' p~omisswy note and of this Mortgage, then th~s Mortgage and the Estate hereby created shall cesu and be null and void. ~ IT IS UNDERSTOOD that the wwd "Mortgagoi' whether in the singular or plural anywhere in this Mwtgage, shall be sing~lar if one only snd ~ shall be plural joim{y and severatly if more than one, and that the word "their" ss used enywhere in th~s Mortgsge shall be taken to mean "hii;' "hen," or `its," wherever the co~text w implies or admits. Also, that wherever there is s reference in the covenants snd agreements herein co~tair~ed to sny of Y? ~ rhe parties hereto, the same shall be construed to mean as well as the heirs, legsl representatives, successas and assigns (either voluntary by +ct of the ~ - parties w involuntary by operation of the law) of the same a~d that the covenants herein contained shall bind and the benefiti and advant~yq inure ~ ro the respective beirs, legal ~epresematives, wccessors and ass~grts of the parties hereto. • ~ And said Mwtgagors, for themselves and their heirs, legal representatives: succeasas and assigns, hereby jointly and xverally covensnt and agree ~ ~ ro ~nd with the aa~d MORTGAGEE, its successors and assigns: _ Y1 2 1. To pay all and s~ngulsr the principal and interesl and the various a~d sundry sums of money payable by virtue of said promissory note, and this ~ ;'s mortgage, each and every, promptly on the days respettivdy the same xverally become due. _ ~ 2. To pay all and singular the taaes, assessments, levies, liabilities, obligations and encumbr+nces o( every• nature and kind oow on said dexribed ~ ~ property, or that hereefter may be imposed, su~fereA, piaced, levied, or suessed Ihereon, w that hereafter may be levied a assessed upon this Mortg- `+~l ~ age, w tF~e indebtedness sec~red hereby, each and every, when due and payable, xcading to law, beiore they become delinqvent, and before any interes~ r~ ~ attaches w any penalty ~s i~curred; AND INSOFAR AS ANY iHEREOf IS OF RKORD THE SAME SHAIL BE PROMPTIY SATISfIED AND DISCHARGED OF ~ ~ RECORU AND ~HE ORIGINAL OFfIC1Al DOCUMENi (SUCH A5, fOR INSTANCE, THE iAX ~tECHVT OR THE SATISFACTION PAPER OFFICIALIY ENDORSE~ 'F OR CERIIFFED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tF+e event that any thereof is not ~ pa~d, sat sfied a~d discharged sa d rAORTGAGEE may at any t~me pay the same or any part thereof wi~hout waivi~g w affecting any option, lien, equity or ^"'.~~4_ •~qht under or by vir~ue of this morrgage and rhe fu~l amounr of each and e~ery wch payment shall be immediately due and payable and shall bear interes~ ~rom ~he date thereof until pa~d ar ~ate of n~ne per centum per ann~m and together w~th such interest shall be secured by the lien of th's morgtage. ~ _ ~ ~ Y ' _ _..,z,~-~ ~~~'_°K"~~~~..~.~'._~;,.~~`,::.~.~. .:Ti^:~ .k._. . _ :?-..~-+"'~?y-~°?~