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HomeMy WebLinkAbout2950 - ~sz:~so ~ THIS INOFMURE. NMd~ tha.~~t.T- daY of Auqtlit ,/1,D. 19 7s3., b~tnrNn I v i ~ ~ ? of St. LliCl@ ~~y ry~~, 1~~in~hM dqy~Mttd as th~ "MORTGAGOR;' ae~d FIRST FEDERAL SAVINGS AND IOAN : ASSOCIAIION OF FORT PIERCE, ~ corpa~tion orpaniz~d ~nd ~ais~i~p u~ 1M laws of IM Uni~ed St~ta of Mwric~ and havlnp it~ princip+l p~+cr of- bus'a~s in tM City of Port PiKU. St. tvci~ Cow+ty. fluida, Mnin~fta d~sipo~hd a ti?~ "MORTGAGEE." WHEREAS 1M MORTGAGOR b~atly irwleW~d ro tM 1NORTGAGEE in 1M~wm of ~ 5 s 2~• ~ ~ood ~nd lawivi ma~ey of th~ U~ited States adv~nc~d by tM MORTGAGEE unto th~ MORTGAGOR, si ~vid~~ced by ~ ceruin promiaswy note of even da~e hcr~with, of which th~ fdlowinp in words ~nd fipurq is • trw topy, to-wit: ~ 5.200.00 Np 10020~98 ~ p~, ~a~,, Auaust 24 i9.1~ for value recaved, 1, vw w ~itMr of us, promis~ ro p~y, without det~lcation, to ths o~der of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce Fbrida, tha sum of = 5~ 20~• ~ w;th interest irom dat~ ~I ths rat~ of 8• 9 96 p~r annwe. i~ monthly tnstall- ments ss t*.Ilows: S 66• on t1+e20.th d~y of ~t~er 19 73 ~nd a lik~ sum on ths cwrespondinp day of esch month there- after until the whole b~ fuliy p~id. Each instaliment first il+all b~ applied in payment of tM interest ~nd then on the unpatd bal~nce of the prindp~l swn. if default ia m~de in th~ paYmenl of any iratallmeM when dw, a~x! such defauit continues 30 days, then ~t tM option of tFw holder, and witFw~?t any other notice, all the rtmaininp insallmenn shali bs due and p+yabk at once. Privilepe is yiven to prepay this ~ot~ i~ whoi~ w in p~rt ~t any tims without pe~+ity. Neithsr forebeaturce, nw aa~ptsno~ by ~M holJer thersof ~ft~r any d~fauN in any paYm~nts hereon, shall be d~d ~xr~nsioe. w a~. P.y~?.~~~ d+.ro. ot s 3•3O sh~ll b~ added to each ir?taltment remainirq vnp+id 7 d~ys after its due date, and s like wm shall be added to each such installment ram~inirg unp+id 7 days ~fMr each succtedin9 WYmenf date. Each maker, swety snd endorser hereof, jointly and severally, w+ives demand, presentment protest ar+d ratica of protest fw ranp+yment, ~nd fuNhsr agmes to ~ny extensia+ of time of payment, either before or after maturiry, without notice to ~ny of ~s; ~~d to p~y all costs of collection, includirg a reasonable attorney i fee in the eveM of any default hereundcr, and hereby seve?~Ily waives sll benefit of homeslesd and exemption ~nder the tonstit~tion snd laws of each State of the United Sutea, ai a9ainat this obligation p any extN?sion or renewsl hereof. Witneas the hand and sesl of eath party. • S/ Geneva Saith ~q a single adult ~ cs~?u ts~w ~ ( 57.80 ) State Revenw pe~vps ssaAf~~d~ledk Ilu~ NOW, THEREFORE, the MORTGAGOR fa the purpos~ of ucuring payment of ssid sum of = S~ ZOO. ~ ~ tFw p~riw~n~~ce of tM covenanb and syrsements here'u~after Qxpressed, and fw divcn 9ood and wlwbl+ consideratia~s, by thes~ presents, does yr~nt, b~rpain, ~ell, remise, relcase, tonv~y and coniirm unto 1M MORiGAGEE, ifs succeuas a~d aui9ns, ~II that cerbin (ot, p'~ece w putel of I~nd, titwte, lying, ~nd beiny En ths • G~~ ~ St . LLiCl@ ~nd State of Florida. d~scribed follows: 2he West 70 feet of the South 113 feet of Lot 5 ot ?ract 128 of a Resubdivision ~ of ?racts 113, 114, 127 and 12l3, GAR~DfiN CITY P'ARMS, as pes plat thereof on file in Plat Book page 3, public recosds of St. Lucie County, Florida; all beinq in Section S, Township 35 South, Range 40 East~? • oF FLORtpA~ ~ ~~r _,~.:,,.SIAMP tAX ~ . ~ ~ 8oi ' 07 ~ ~ = :.:btr» . • 4_ . ' ~ lt " o =~t~ot ~ ~ ' 0 yd w ~ . . . . . . ~ ~ p(~NK~YS ~ 1l1L ~ qf~ ~ ~ias!t. ~s ~ ~ ~ ~ i toyether with sll snd singu~~r the t~nernents, her~taments u~d ~ppunances thereunto bebrginp w in ~nyvris~ +pPertainlnp tl~ere% and a0 rtms, issws. proc~eds a~d profib scauirg and to accrue from s+id premixs, all of which ue included in the ~bov~ u~d forparg description and h+bendum. TO NAVE ANO TO HOLD the above described ~nd yranted prem~ses unto the said MORTGAGEE, ib waessoa ~nd auip~s forew~• Md th~ iafd ' MORTGAGOR fw her - hein, ~xecvtors, sdministr~tors and assiyns, hsreby cove~nn with tM s~id MORTG/?GEE, its wcc~sso~s and assipns. that She 18 Iawfully se~zed of the said premiHS i~ fee simpl~: that ths s+me u~ frN. cku and diuhar~ from all liem and ~ncwn~ bnnces in I~w or i~ equity, snd tF~at She will and h@r hein shsll wurant and d~f~nd tM titl~ to th~ sam~ to th~ s+id MORTGAGEE, in successors and su;yra, forever againtt the Isyrfvt da'aos snd demands of all pKSa»t PROVIDED, ALWAYS that if the MORTGAGOR sh+ll p~y unto sh~ MORiGAGEE th~ promiuory not~ I+Keinb~ior~ d~scribed +nd sh+~~ tru~Y. P~~~Y ; and fully perfwm, dlscFMr~e, e:ecute, complets, comply witfi and abide by e+ch and every the stip~lariom, apreem~nb, conditiorn and oownanb of s~id promissory nots and of this Mo.tpaye, then this AAo.f~aye and the Estate hereby aeated sh+ll ceas~ ~nd bs null and void. IT IS UNDERSTOOD that th~ word "Mort~~por" whetF~er in tFK singular w plwal ~nywher~ in this Mwt~ape, shall b~ sirgula? if on~ only u~d •Asll be plwal 'ptntly ~nd ~everally if more than one, and tl+~t ths word "the'u" ss usad anyvrhen in t1?is Mwty+~ sh~ll be tskan to m~~n •'his,'• •'hen;• a'its," wherever th~ tontext w implies a admits. Also, tMt wherever ther~ is ~ r~ferer~u i~ tl» cavenanb ~nd ~preernenn herein oontahNd to u~y of the panies hereto, the s+rne shafl b~ cautrued to me+~ as well as the hein, Ip~l rep~esentaYnes, wa~uors and usipro (either vd~ntary by ~ct of the ' p~rties or (nvolumsry by operation of the law) of the same snd that the cova~uon hsrtin contained sh+ll bind and tM benefitt ud ~lv~nbp~s inur~ ~ to the respective h~i?s, le~al representativss, succeasors snd su~yro of Tlfe p8t~lf I~lINO. s Md said Morty~gors, fw themselves snd their hein, lega{ rep~essntatives, wctessors and ataiqro, hereby jointly and severally covan~M and apree ' to a~d with tF~e s~id MORTGAGEE, in svccessws ~nd ~ugm: ° 1. To pay d) and ti~gul~r the principsl and intaest ~nd tM various and avndry sums of mo~sy payabb by virtw of said promis~ay note, and this ~ mortpa9e, ~ach and ~very, promptly o~ the days rsspectively tM s+me sewrally become due. ~ 2. To p~y all snd sinpula~ the ta~ces, asesun~nts. Isvid, liabitities, obl'yations and encumbranua of tvery natur~ ard klnd now on said dtscriMd P~~W„Y. or fha~ here~ftK may M imposed, svffered. P~sced, tevied, a asus~ed ther~on, a that Mnaha msy b~ levied a ats~s~ed upoe ti~is Morp- E ape, a tlw ind~bt~dnsa secured hereby. ~ach ~nd ~very, when dve and psyabl~, auwdinp to law, before they becane delinquent, and Mfon any iMK~s~ sttaches o~ any pen~ltp is i~cu~red; AN~ INSOfAR AS ANY THEREOf tS QF RKORD THE SAME SHALL dE PROMPTLY SATISFIED AND DISCHARGED Of RECORD ANO THf ORIGIhAI OFffCIAI DOCUMENT (SIKH AS, fOR INSTANCE, 7HE TAX RKEIPT OR THE SATISfACTION P/1PER OfFICiAIIY ENDORSE~ OR CERTIFIED) SHAIt BE PLACED IN THE HANDS OF SAID MORTGAGEE WI~HIN TEN DAYS NEXT Af1ER PAYMENT; ud in 11~e tvent thati u~y tMnof is not paid, sat:sfied and diuharyed u:d MORTGAGEE may at ~ny time pay the sun~ o~ any psrt the~eof witlwvt waivirg w affediny ~rry/ option, lien, equity ot •iqht under w by virtue of this mortgaye and tl+e f~ll amount of each a~+d every such payme~t ahdl be imnediately due ~nd payabl~ ~~d shall b~ar inttr~st ~rom the date therwf until paid st r~te of n~ne per centum per annwn and to~~thK w~th iuch intere~ *al~~ ~~~,f th:s moryta9e. ~ eooK 1 ~ . ~ . _ - :