HomeMy WebLinkAbout0511 26058~~
THIS INOENTURE, Mad~ tM ~r~ day of »~»S.#' , A.O. 19~~.., b~tw~ae~
Mr~l vi n E„ S~~rrpnr~v anA A~~Arc~cT R C.~rr~n~=~ f;~~ Fe
3~~s ~
of - S t. L~7C? P_ , Cpynty Fluid~, hei~inaft~r dltignated ss tht "MORTGAGOR," ~nd FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a.corporation ory~oized ~nd exatiop under 1M laws of ths Unit~d Sut~s of Am~ric~ ~nd hav'up iri pri~cipai pix~ of
bu~ioat h tM City of Fort Pi~ru. Sf. l~ci~ Couety, flaida, hsrtin~htr d~sipnst~d u tM "MORTGAGEE." ~ .
WHEREAS 1M MORTGAGOR is j~ntly i~bted ro tlw MORTGAGEE i~ tM sum of ~_D.Q yoa! and lawful mon~y of 1hs Un~ted
Sratq advanced by ths MORTGAGEE unto ths MORTGAGOR, ~s ~videnced by ~ catai~ promiuay note of eve~ date he~~wilh, of which ths followinp (n
wwda and fiyures is ~ trw copY, to-wit:
=25 ~00 _ QO r,~,
P~.~.. Fi«~a.. Attqus t 3 w
for value received, 1, we w either of us, promiss to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIA?ION OF
~ FORT PIERCE at Forf Pierte Fbrids, tlx sum of = 25 ~ 60~ a with interest from date ~t the rate oi~~6 per ar?num, in ma~thly insqll-
\ ments as follows: = 211 - on the2.Qth day os F+mbar 19~_ and a like sum on the cwrespa+dinp day of escl? month tMrr
~ efter umil the whole be fully paid.
~ Each instsllment first sh~ll be applied in payment af the interesf and then on ti~e unpaid bslsnce of the princip~) tum. If default is msd~ in ths j
~ Fayment oi any insta~lment wlxn due, a~d such defavh contin~es 30 days, then at the opiwr? of the hoSder, and without ~ny othar notice, atl the remaininp t
~nstallmenb shall be due and payabk at once. Privilege is given to prep~y lhis note in whote w in patf at sny time without penahy. Nelther faebeara~ce, ~
_ $
nor acceptance by the Fatder thereof afta a~y default in any payments hercon, sMll be deemed extenaion, A late payment cMrpe of iZ.Q..S3r., +hall be :
; added to each insfallment remaininy vnpaid 7 days after ib due date, and a like sum shall be added to each wch installment ramaini~g unpaid 7 days ~fter ~
~ eath svtteeding payment date.
~ Each maker, surety and endorser hereof, jointly and aeverally, waives demand, preu~tmsnt protest and ratice of paotrsf for rwnpayment, a~d further
egrees fo any extension of t;me of payment, eithe~ befors or after maturity, without notice to any of us; snd to pay sll msts oi colledion, includinp a
v reasonabk attorney's fee in ths event of any defauh hercunder, and hereby severally waivea all benefit of homestead and exemption under tM constitution
~ and I+ws of eact? State of the tJrtited States, as against this obligatio~ or any extension or rer?ewal hereof.
a
y~ Wit~ess the hand and ses! of each paity.
~ s f MPl vi n F, surrenc~..- cs~?u
~ - ~?U
Sj Audrev R_ St_rrenc~, ~y
~ t5~?U
, y.-, t 3 8. 4 0 S S~ate Revenue
~lrall3~eosu.ekar~,aci~is~eee.)
~ NOW, THEREFORE, the MORTGAGOR for the rpose of securi 2 5 6 ~ ~ ~
~ pu ng psyment of sa'~d wm of i i ~ ~nd th~ performancs of th~
_ covenann and apreeme~n •he~einaf~er expressed, and fw divers good and vslwble consideaations, by lhese prese~ri, does graM, baryain, sel{, remise,
~ release, tanvey and confirm unfo tl?~ MORTGAvfE, Ns succes~ors and ~ui9ns, all that certain lot, piece or pucel of I~nd, situate, lying, a~d beirg in ths
Couroy of S t. L~1C i e ~ snd Stat~ of Flo?ida. desa~bed ~s followi:
Lot 4, Block 150, LAKEWOOD PARK, UNIT 11, as er lat thereof on file in ~
P P
Plat Book 11, page 32A-32D, of the public records of St. Lucie County, Florida, ~
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STATE-oF F'LORIDA~ o ~~t~n,
~ ~ STAMP T~~ I ~
DOCUMENYARY ? , ~
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" DfPI.Of RE11EHifE ~ s p n I
_ = •b'73 ' • ~ Q. ~ V ` . . ~ ~NSP~~'~~
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~ R+ ~ ~ ~i?o2 ;L,~,~h~ ZD ST. ~
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~ rogether with all a~d singular the tenements, htr~tamenh a~d app~rtances tbere~nto be{ongirg or in anywise appertaininp thereto, and ~I) ren», fuues,
pr«eeds ~nd profin acvui~g +nd to accrue from s~id premixs, all of which are inclvded in the above and forepoie?y description snd Mbendwn.
i
TO HAVE AND TO HOLD the ~bove desaibed and y~anted premises unto the said MORTGAGEE, its svaesson aid assgns fwever. Md /M •saW
~ MORTGAGOR fw the ? r executon, administrato?s snd auigns, h~raby coven~nn with the said MORTGACaEE, its succe:sors and psiym, ~
v a~e ~
; rhat lawfully seized of the said p~emises in fea i~mplr, tMt the same u~ free, ckar and d'achsr~ed f~an ~1! liens u~d axunr
brances in law w in equity. ~nd tha~ they will ~nd the i r hein shall ~vtrnnt and d~fend t}~e title to the s~ to ths ~aid ~
MORiGAGEF, iri successors and sasiyns, fwever sgairat the lawfvl claims snd demands of ~II persa?s; ~
PROVIpED, ALWAYS that if the MORTGAGOR shall p~y ut?to the MORTGAGEE tM promissory nots herei~before dtstribed and shall truly, promptly
and fully perfwm, d~uMrge, execute, compkte, compty with and abide by each and avery the atipulatiwu, agreementi, conditions and covenanb of ~aid
promissory rate and of this Mo?tgags, then this Mortgage and the Estate hereby uested shall cesss u~d be null ~nd void.
!T IS UNDERSTOOD tMt tFx word "Mwtgsgw" whether in the singular ot plural ~nywhere in this Mwtpsye, sMll be sinyulu if ont only ~nd ~
shsll be plural 'pintly ~nd severally if more th~n one, and th~t the wwd "their" ss used e~ywf+ere in this Mwtyage sh~ll be t~ke~ to mean "his," "hers;'
or "ib;' wherever the conte:t w implies p admin. Also, th~t wherever there is ~ r~faerKe i~ th~ tovtnann and spraert~enn herein co~Uined to ~ny of
fhe p~rties here% the ssms shsll be construed to mesn ~s well as the heirs, leyal r~preient~tives, successws and assipro {~ither voluntary by ~c1 of tM i
parties or invduntsry by operation of tf?e law) of the same and tFut the covensnts hetein contained sh~ll bind and tM benefits ~nd advaMapa iewr~
~ ro the respect;ve hein, legal representatives. wccessors and ~ss~~ns of the puties hereto.
And ssid Matgsgors, fw themulves and their heirs, legal represenutives, successors ~nd assi9ra, hereby jointly and flvaNly covlnaM ~nd aptle
ro and with the said MORTGAGEE, its uxcessors snd suigns: ~ '
` 1. To pay a{I snd tinpulu the principst and interest and the variou: and sundry sums of money payabk by rimre of said promissory note, ~nd tha ~
~ mon9ape• each and every, promptly on the days respectively the same severally becorm dw. ~
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2. To pay all and sinpula~ tiro ta:es, auessmenb, levies, li~bilities, obligatio~s and encumbrances of every n~ture and kind now on said dew~bed
property, or that hereafter may be imposed, svffe?ed, placed. (evied. or ~uessed tbereon, or fhat hereafttr may be levied a assesfed vpon thi~ JNottg~ #
s a9e, a the fndebtedneu secured hereby, each ~nd every, when dw and payabk, accordinp ro bw, befae they beca~e delinquent, and befor~ a~ryr inter~st
~ attaches w any penslty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD 7HE SAME SHALL 8E PROMPTCY SATISf1E0 A[YD DISCHARGED Of
' RECORO AND ~HE ORIGIHAt OFFICtAL OOCUMENT (St1C?i AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISf/1CT10N PMER OffICIAIIY ENDORSED
~ OR CERTIFIE~) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in ti+e event that any tF?ereof is no1 ~
paid, sat'sfied and discharged ssid MORTGAGEE may at sny time p~y the same or sny p~rt thereof withovt waiving o? sffecreny t~r option, lien, eqvify or
•%ght v~der or by virtve of this mortgage and the full smount of each and every iuch payment shall be immcdistely due a~d paysbk snd shall bear interes~
~rom the date thereof vnfil paid at ~afe of n~~e per centum per ae~~ her with s~ch interest ~hall be secured by the lien of th:s m~orytpe.
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