HomeMy WebLinkAbout1838 2?59400
THIS lNDENTURE, MaJ~ th~ 17th day of ~l ~ A.D. 19
73 ~ bNw~+n
Louis H. Nadeau and Lynne A. N eau, his wite
of St • ~.LICi@ Co~nfy Flaid+, htr~ieuttK dtaipnated ~s tM "MORTGAGOR," ~nd FIRST FEOERAI SAVINGS AND tOAN
ASSp~,IA?ION OF iORT PIERCE, ~ swporatio~ orpa~iued snd ~xi:~i~y ~ ~M laws pf 1M Unif~d St~tq of Am~~ic~ ~nd Mvinp Ib principd plac~ of
busina~ ln tM City of forl Pi~u. St. luci~ Counry, Flo~ida, M?sinaita d„ipoat~d ~s th~ "MORTGAGEE." .
WHEREAS tM MORTGAGOR is j~stly Indebt~d to th~ MORTGAGEE i~ tM sum of = 22~4~~~~ ~ood and lawful mor?ey of the lln~ted
States ~dvanced by tlw MORTGAGEE unto the MORTGAGOR, as avidenced.by ~ c~~tain promiuory not~ of sven date her~with, of wh~ch tM follow~np in j
words and fiyur*s is ~ tru~ copY. to-wit:
s 22~400.00 j~Lj,~~?
. ~ P~u. F~«w.. July 1~. to~3
fw value receivtd, 1, we w either of us, promiss ro y, wi~hout defalcation, to ths orde~ of FIRST fEDERAI SAViNtiS AND IOAN AS,~CIAT?UN OF ~
fORT PIERCE a1 Forf Pierce, Fbrids, the sum of = 22 i~0O' ~ with intcrest Irom date at the tate of ~
t 9_96 per a!?nwn, in monthlr ~irtall-
meros as follows: i 2~•~ on the ~~hday of Au~uSt ~ 1973 and s like sum on fhs cwrespondin~ day of e~ch zw~+th there- '
afrer until Ihe whole be fully p~id. '
Eath installment firit shsll be apptied in paymeM of the interest and then on the unpaid babnte of the princ~psl ~nn. If default is ma~1e iq tM
payment of any installment wheo d~s, and such default continues 30 days, then ~t the option of the holder, and wit}~o~1 any yher notice, s~) tl:e' remsinirg
;n:tallmenri shall be due and payable at w~ce. Privilcgs is yiven to prepaY ihis note in whots ot in psrt at ~ny time without pe~dfy. Neithar fw~bearuKt,
nor atceptanca by the holder thereof afte~ sny default in any payme~ts hereon, shatl be deemed extension. A late paymcnt charge of shall bs
added fo each installment rcmaining ~~paid 7 days after ib due date, snd a like sum shstl be added fo each such irutallment rem~ining unp+id 7 dsya ~fier i
each succeetlinQ psyment dste. t
Exb m~ker, wrety and endorser hereof, jointty and severally, waives demand, presentment protest a~d notice of pro?est fw na?paymeM, and fvrther d
agrees fo aoy extensio~ of tima of payment, either before or after msturity, withou? notice to any of us; and to pay ell costs of co!lection, includ;np • ~
reasonabk attorney't fee in the event of any default hereunder, and hersby severally waives all benefit of homestcad a~d exemption under the constitutioa
and laws of euh State af the United Sqtes, as against this oblgation w any e:tansion or renewal hereof.
Witness the hand and seal of each party. '
' ~ S/ Louis H. Nadeau ~
cs~r?u '
S/ Lynne A. Nadeau ~ ~
33 ~ 60 ~ State Revenue i
(5ta~easa~Yid7YSad~t~) - i
NOW, THEREFORE, the AAQRTGAGOR fw the purpose of securing payment of seid sum of Z 22 ~'a~ • , and tM pe?formsncs of th~ t
covenanri and reements hereinafter ex eued, and fw diven and wlwbl~ considerati i
+9 p~ good ona, by 1F?es~ presents, does grsnt, bary~in, s~Il, remise, ~
release, convey and confirm unto the MORTGAGEE, its wcceuws and aui9~s, all that certsin bt, piecs ot parcel of land, sifuate, lying, snd beirg in 1M t
~a~~y St . 1.t1C~$ , a~d Sbte of Fbrida, deaaib~d as fdlows: }
~
Lot 12~ Block D~ MARAVII.tA ESTA?ES SUBDIVISION~ as per plat theYeof ~
recorded in Plat Book 8, Page 97, Public Records of St. Lucie County, ~
Florida.~ .
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togethar with sll and singulsr the tenemenri, hereditamenri and appuhu~tes thereuMo belagi~g or in anywiss appertsiain~ therefo, ~Ild ~II fMtf, iuws,
~ proceeds and profits acauing ~nd to accrue ~rom said premises, all of which a~e encluded in the ~bov~ end fore9arg dewiption and Mbeadum. ~
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TO HAVE AND T HQW the above desc?ibed and granted p~emises unto the s~id MORTGAGEE, its sutcetsors and ~uigro forevK. Md th~ wid ~
MORTGAGOR for t~lr - F~ein, executon, administraton and suigru, hereby coven~ms with ths s~id MORTGAGfE, its suattwn ~nd ~afip~s,
I that thev are ~,,,,~„i~ k;~ of ~~d ~
; y prcmisd in fee simple; that the ame sre free, tka~ and discMr9ed itom all IieM u~d ~ncum- ~
brances in law or in equity, aod thst Lh6y W~~~ ttI@1Z heiti sM~~ w~rru?t and defend tM tifk to the s~rrk to th~ said ~
MORTGAGEE, its svcceuors and +ssigro, forever agsinst the lawf~l ctairtn and demands of all personst ;
PROVIDED, ALWAYS that if the MORTGAGOR shsll unto ti~e MORTGAGEE the +
paY promis~ory note hereinbefors described u+d shall tnrlY, promptly ~
and fully perfwm, diuha~ge, execute, complete, comply with and sbide by esch and every the stipulations, syrecmenri, tonditions and owana~b of said
promiuory note ~~+d of this Mortgape, then thia Matgage and the Estate he~eby aeated shaH ca~s~ and be au0 and void.
tT IS UNOERSTOOQ tMt the word "Mortgaga" wt+ether in the singular'or Iwal ~n hera in this JNort ~
shsll be P 1^"~ 9~ye, shall be sirgvlu if ons only ~nd
plvr~l 'pintly ~nd sevn~lly if mwe than one, snd that the word "their" as uaed ~nywhere in this Nbrt~pe shall be taken to mesn •'his,•• "hen;• ~
w"its," wherever the context so implies w admits. Also, th~t wherever there is ~ reference in ths coven~nb aod ayreemenri herein oont~ined ro uqr of
+he puties hereto, the ssrne shaN be con:trued to mean as wrl! as the I~e'us, ky~l r~proscnt~tives, successon and auipro (tithar volumary by aet of the
parties w involuntuy by operation of the law) of the ssme and that the covena~ts herein contai~ed sMll bind and the b~ntfin and ~dvaM~pea inw~ ~
to the respettive hein, le,~sl represenlatives, succeuon and au~gns oi tF~e puties hemro.
And said Mwtgsgors, fw fhemsetves and their heirs, lcgal representativea, successors and auigns, hereby joinHy snd severally rovenant ~nd apree ,y-~
to ind with tFre said MORTGAGEE, its svccessws and ~uigns: c-
1. To p~y ail and sinpular the principsl and i~terat arsd the v~rious and surtdry wms of money p+yabk by virtw of said promissory note, +nd this ~
mortgspe, tach and ewry, promptly on the dayi respcctirely tM same seve~~lly become due.
2. to psy sll a~d sirg~l~ the uxes, as:esunenls. levies, liabilities, obligatio~s and encumbrurces of wery natur~ and kind now on said dew~d ~
properry, or th~t hereafter may be impo~ed, wffered, placed, levied, or euesud thereon, or that hereafter iriay bs kvied w aue~sed vpon ti~is J111ortq- ~~c •
age, or tFw indebtedncu secured hereby, each ~nd every, when due ~nd psy~bte. accordirg to I~w, be(oro they become delinqwM, uid b~fw~ any im~rat sr ~
atrathes a any penalty is incuned; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1E0 AND OISCFIARGEp Of :
RECORD ANO THE OftIGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFf(CIALIY ENOORSED ~
OR CERTIf1ED) SHAIC BE P[ACED IN THE HANDS Of SIUD MORIGAGEE WlTNIN TEN DAYS NEXT AFTER PAYMENT; snd in tl» evsnt that ~ny N+ereo4 is nw
paid, sat'sfied and distharged ss:d MORTGAGEE msy at sny time pay the same w any paA thereof without wsiving w sffectinp ~ny option, lien, equify a
•~qht under or by virtue of this mortgsge a~d the full smo~nt of 6sch snd erery such payment shall be immedistely due snd pay+bk and shaU b~ar inferetf
~rom the da?e theieof until p~id at rate of nine per «nt~m per annvm ~nd togethsr w~1h such interest shdl be secvred by the lien of th:s morytaye.
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