HomeMy WebLinkAbout1836 Fra7~~,j~~
THIS INDENTURE. M~d~ th~ 19th ~y of July A.D. 19~ b~tw~en
Donald J. Corbin and VQrlon B, Corbin~ his wife
~ St • L11C~6 Counfy Florida. M.~inaftu desiynated ai fM "MORTGAGO~[,". ina FIRST FEDERAI SAVINGS AND LOAN
ASSOCtAT10N OF FORi PIfRCE, a owporation apanised Md ~xistirp und~r th~ laws of the Unit~d Sut~s df Americ~ ~nd h.vinp in principal pl~ct of
busir~s In tM Gi1y of Fwt PiKa, Sf, luci~ Counfy~ fbrid+~ IltftlMfiN dit~QM1~J q tM "MORTGAGEE."
WHEREAS tM MORTGAGOR b jvstly indebted 1o tM MORTGAGEE in tM sum of ~ S• 7~~ ~ ~ood ~nd lawfut monsy of the Un+ted
Stata advanced by ths MORTGAGFE unto tM MORTGAGOR, a~ ~videnced by ~ c~n~in promiuory not~ of even data herewith, of which th~ followinp in
wad~ and fipvr~s is a t~w copy, tawit: ~
~ 15,7~0•~ ~ 1~~0.Z15
July 19, 19 73 4
wn Pt..~..
, fw value received, 1, we w eitlier of us, promise to p~y, without de{alca~ion, to the order of FIRST FfDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, fb?ida, the tum of j 15~7~•0O w;th inte~est lrom dale at ths ?ate of a2596 per annum, in monthlY ins+ail-
mcnts u foltows: t 134~~ ~ t~ 2~~1 ~y of /+Llq{i8t ~ 1973 and ~ lik~ sum on ths correspondinp day of each month thK~- '
after un1i1 the whole be fvlly paid.
Eath installment first shall bs applied i~ psyment of the interest and then on the unpaid bal~nte of the printipal ium. If defsuh is mads in fhe
~ payment of any instafiment when due, s~d such defautt contin~t 30 days, then at ths option of the holder, and without a~ otlwr notice, all tia remaininy ~
~ i~atallments sholl 6e due and payable at axe. P~ivile9e is give~ to prepaY this rate in whole or in p~rt at any time witF~out pe~+lfy. Neither forebe~rsnce,
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` nw accepqnce by the holder thereof after aoy default ~n sny paymeots hercon, shall be deemed extensiw~. A late payment tharpe of ~ 6~70 shali bs ~
~ added to each installment remainirg unp~id 7 days ailer in due dare, and a like svm shall be added to eatl? such instiUment remaining urtpaid 7 days ~fttr
each succeeding p~yment date.
x Each maker, surety and er+doner hereof, jointly and stverally, waives demsnd, presentment protest and notice of protest for nonpayment, and furtF+e~
~ ag~ccs to aey extensio~ of time of payment, eithe~ befwe a after maturity, without notice to any of us; and to pay aq costs of collection, i~cludinp a
rcasonable sttorney's fee in ths event of any defsult hereu~der, and Mreby.severally w~ives all beneiit of hocnestead and exemplion under the tonstit~rtion
•X s~d laws of each Sate of the United States, as against this obliyation w any qxtension a renewal hereof.
~ ~tneu the hanc! and se+l of eath party.
y ~ S/ Donald J. Corbin ~
~ cs~?u
~ - 5/ Verlon B. Corbin ~
~ i ,~23.55 ~ Sta» Revenw ~U
(s~n?~FSrRwN~i~a+~wraw~ ,
~ NOW, TMFREFORE, the MORTGAGOR fw ths purpose of secvring payment of ~id swn of i 15a7~~•~0 , and ths performance of fhs
cove~~nb and s9reemenn hereinafter expressed, and fot diven good and wlwble consideratwe~s, by these preients, does 9rant, bary~in, sell, remise,
~.4 releass, convey and tonfirm unto the MORTGAGEE, ib succeswn and ~uigos, a!1 that certsin lot, pisu ot putel of land, situ~t~, lyirg. and beinp L? ths
~ ~ $t • Z.LICl@ u~ $~~t~ of Fbrida, destrib~d ~s follows:
i
Lot 18~ Block 4~~ RI1/BR PARK, UNI? FIVE , PORT S2. LUCIE, as per
plat thereof on file in Plat Book 11, Page 31~ of the Public Reoords
of St. Lucie Coanty, Florida. ~
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~ M STATE oF FLO ~ p~ A; ~ `~'i p*~'~ ~~,`°y~`~" ,
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topethe? with sll u~d singular the tenernents, hereditsme~ts ~nd appvrtances thereunto belagirg w in ~nywise apperfainGg therero, and alf ren», iu~es,
proceeds ~nd profits accr:'ny and to accrue f~om said premises, all of which sre included in the sbov~ and faepoirg description ~nd Mbendwn.
TO HAVE AND TO HOlO the above deuribed and granted ptemises unto the said MORTGAGEE, its s~tptwn and assi~~ fottvar. And tM wid t
~ their
MORTGAGOR fw hein, exec~tws, admi~iatntws and auigro, hereby ooven~nts with the uid MORTGAGEE, i» sutc~swn and ~ssip~p,
~~t thev are ~awfully seaed of the said prem~es in fee sim le; thst tlw same aro fr~e, cksr and ~scM
P rped irom ~II li~ro and entvm-
bu~ces in Isw w in equity, and thsr they will and theil fwin shall w~rrsnt u~d d~fend tM titk to tM iam~ to th~ s~id
MORIGAGEE, in t~cuuors end ~uigns, fwever ayairut the lawful cleims and demands of all pe?~om;
~ PROViDED, ALWAYS that if the lNORiGAGOR shal! pay ~nto the MORTGAGfE the promissory note heninbefwe described u~d sMll truly, promptly
~nd fully perform, distl~arge, execute, compkte, comply with and ab7de by each aod every the stipulations, ~greertKnh, conditioos and aoven~nri of said
prom~ssory rat~ and of this JNortgs~e, tfxn this Mortysye ~nd rhe Esate hereby neated shaJl usss and bt null and void.
IT IS UNDERSTOpp tfwt the word ' Mortgagor" whefher in the sirgular a plwal anywhere in this Mwtgage, thall bs sinpula~ H o~e only and ~
~II be plw~l 'pintly ux! s~veally if mwe tMn one. ~nd tha~ the word "the'v" ss osed MywF~ere in ti?ia Mort~aye sh~ll b~ taken to mea~ "hir:• •'hen:' {
w"its;' wherever the context w implies or admits. Also, thst wherever then is a refe?ence in th~ cov~eMnri snd ayr~enwnn hereir+ tontain~d to any of j
the panies he~eto, the ssme sF»!I be construed to mean ~s well as the hein, kyal representativei, succeuon and sui~os (eithar voluntuy by act of the t
partics or imolvMary by opersl'an of the law) af the same snd that the covena~b herein conteinad sh~ll bi~d and ths ba~sfits ~nd ~dv~ntsp~s inwe ' #
ro'the respective fxas, lesai representatives, wcussws and au?ym of the pa»ies hereto.
Md said Mortgagors, for themulves and their heirs, leysl represemativea, successws and ~uiyro, hsroby jointly and severally covenant ard ~yree ~ i
to and with the ssid MORTGAGEE, its svcussors and assigro:
~ 1. To psy ell and sinpula the princ;pal and interest snd ~he vsrioui ~nd sundry sums of moneY paYsbl~ by vi?tw of said promiawry not~. ~~d this ~
matgape, each snd every, promptlY on the d~yn respectively fhe ~sme seve~sUy become due.
2. To pay •1! snd sinqvlx the taxes, assesunen», kvies, liabilities, obligations snd ennrmbranoes of every natur~ ~~d kind now on said dewibid ~
propenY, a tMt heresher m~y be ;mposed, wffered, placed, kvied, or ~uessed thereon, a th~t hereaNer may bs kvied or assessed vpon this Mort~- ~
a9e, oe the indebtedneis secured hereby, each and~every, when due ~nd payabte, xcordirp to law, befa~ lhey become d~linquent, ~nd befon ~ny int~ra~ a:?
anachet or any penaly is incurred; AND INSOfAR A5 ANY 1HEREOf IS OF RKORD TNE SAME SHAII BE PROMPTLY SATISf1ED ANO DISCHARGEp OF p~
RECORD AND THE ORIGINAL OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR TNf SAifSFACTION PAPER OFfICIAILY EMOORSED
OR CERTIffED) SHAL! 8E PiACED !N THE HANDS OF SAIO N40RTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evcnt that any thereof a not
paid, sat'sfied and distharged sa:d MORTGAGEE may at any time psy the same o~ iny psrt thtreof witlw~t w~ivirg or ~ffecting any optwn, lien, eqvity or
•iqht under w by virtue of this mortgsge end the full amount of esch and every such paymeM ~hall be immediately due and payabk snd shall bear intertst ;
i.om the date thereof until paid at rate of nine per centum per annvm and togefher with such interest shall be setured by fhe lien of th:s mor~ta~.
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