HomeMy WebLinkAbout0829 ~ ;~b~y:~ 3
THIS INDENTURE, Made tF~e 21St da of AuguSt i, I~D.` 9~~b~tw~ee?
J~y Harold Ro~erts, Jr., and Janice P. Roberts, hfs wifo, _
of St. ~1Cie , Co~nty Florida. MffiMflN dllijMtQd ai the "MORTGAGOR," +nd fIR5/ fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpaation ory~nized ~nd exiitiop unda the laws of tM United Stua of Amtric~_ ~nd havlnp itt p?incipal plac~ ~of
busir?u~ in tM Ciy of Fort PiKCa, S~. l~cfe Counry, florida, M~~ina(ta d~siynated as tM "MORTGAGEE." ~ •
WHEREAS tM MORTGAGOR a justly indebt~d to tl» MORTGAGEE in the sum of ~ 29~ 5~~~ good end ~I~wfuf mw~ey of the Un~ted
States ~dv~ixed by ths MORTGAGEE un~o ths MORTGAGOR, a~ eviderxed by s certain promiuwy ~ote of even date herewith, of whlch the followiny in
words ~nd iigures is a trw copy. ~o-wit:
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. Fwt Pierc~. Flwida, AURU3ti 21 ~ 19J_.~.
i3i ~•~1w istia.•cJ~ wo ari c.:i.~i G7 vs. ~n317i~K 70 Y~I• w."iwivi vo:.:...::.v::~ 7v :~.:i v:v..: v~ - .~c~ ~~~M~
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FORT PIERCE at fort~ ~Pierce, Fbrida, the tum of j 29~ 5~~~ with inte?est irom date at the rate of a~96 per annum, in monthly install-
ments u follows: S-ll~•~ on the day of ~C@~~r , 19~ and a like sum on the correspo~d~np day of each month there-
af~er until the whole be fully p~id.
Each ins~allment iirst shall be appl~ed in payment of the intere~t end then on the unpaid balance of the princlpal sum. If default is made in the
payment ot any installment when dve, and such defaull continuei 30 days, then at the optan of the holder, and without any other notice, all the remaining
~nstallmcnts shalt be due and payable at once. P~ivilege is given to prepay this nota in whole or in part st any time without penalty. Neither forebearonte,
no~ meprance by the holde? thereof after any defauh in any payments hereon, shall be deemed extens~on. A tate payment charge of 12 ~1 shall be
added_ to eac6 installment remaining unpa~d 7 days after ib due date, and • liiee sum shail be added fo each such instaltment remalning unpaid 7 days after
each succeedinq payment date. ~
Each maker, aurety and endorser hereaf, jointly and several~y, waives demand, presentme~t protest and notice of prote:t fw nonpayment, snd funher
agrees to sny eztensioin of time of payment, either before or after mat~rity, without notice to sny of us; and to pay all costs of collection, includirg a
reasonable attornry's fee in the event of any default hereunder, and Fxreby severally waives al~ benefit of homeat~ad and e:cmption under the tonstitution
and laws of exh State of the United States, as against Ihis obiigation a any extension or renewal hereof.
Witneu the hand and ieal of each pa?ty.
S/ Jay Harold Roberts, Jr. ~Ay
_ (SEAI)
S Janice P. Roberts ~~U
( ~•25 ) State Revenue ~U
(~tarn~tsneflll~~R~MIitl~bTe) .
NOW, THEREFORE, ths MORTGAGOR for the purpose of secvring payment of said sum of = 29~7~•~ and tM pe?fwmsnce of ths
cOVMiiltf i~aQ~RmCntf-Itl?lina~-l7cprlsse~ an~4ot' dirert-gOOd-tn~-vslVe~Il--toAlif~e~Mioeq.- ~y-#Irole-p/!slwtsr does-gr+nt~b+~9+c^.-w1b--r~w.
release, convey and confirm unto the MORTGAGEE, ib svccessori and assigns, all fhat cert~in Iot, p'iece or putel of Isnd, iitwte, lying, and being in ths
County of St .~1C iA , and State of Florida, dewibed ~s follonr::
Lots 5 and 6, s~ock 55s LAKEWOOD pARR, UNIT N0. 5, as per plat thereof on file in Plat
Book 11, page 5, of~the Public Records of St. Iucie Cainty, Florida,
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~ ~~~Lt1~'~~v ~~a~-'' ~E OM QASS'C INiANC~etE PE~RyQl1~ OF TAi~g .
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~ rogether with all and singular the tenements, hereditsments +nd appurtance~ thereuMO belongirg or i~ anywise •ppenaining rherero, and all tents, iuues,
p~xeeds and profits acauing and ~o sccrue from said premises, all of whech are included in the abov~ and foregoing deuription and habendum.
~ TO HAVE AN~ TO HOID the sbove dewibed snd granted premi~es unto the s+id MORTGAGEE, in s~rccetson snd ~uiyns fwev~r. And tlw ~aid
MORTGAGOR fa {'he~ - heirs, executas, administrators snd assigns, hereby covenanri with tfis taid MORTGAGEE, iri iutteswrs +~d auipro,
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~ ~hat 'h -v r--- lawfully seized of the said premises in fee irnple; that the same am free, de~r and discharyed from all lieen ~nd ~ncvm~
brarxes in law or in equity, ~nd th~t ' th~ w;ll snd their hein shall warnM and defand the titk to the same to tha said
~ MORTGAGEE, its successora and auiyns, fwever against tfie tawfut tisimi arrd demseds-ot aN-pe?toas;
- PROVIDED, ALWAYS that if the MORTGAGOR shall p~y ~nto the MORTGAGEE the prorri~ssory rate hereinbefore described and shaU truly, promptly
and fully perform, dixharge, exetute, tomplete, comply with and abide by each and every the stipulations, apreemenri, conditioro and twenanb of said
~ promiisory rate and of this Mwtgsge, then this Mortgage aod the Eshte hersby ueated shall oease and be null ~nd void.
IT IS UNDERSTOOD tMt the wwd "Mwtgagor" whether in the singular or plwal ~nywhere in this Mortyaye, shsll be sinpulu if one only and ;
~ shall be plural joiMly ~nd severally if more than one, and that the word "~heir" ai uset! anywhere in fhis Mwtpa9e sh~ll be tsken ro mesn "his;' "F~en;' ~
~ or "ifs;' wherever tFx conteat w implies or admits. Also, thst wherever there is a reference in the covenants and ~greements herein contained to ~ny of
~ the psrties hereto, the tsme ihall be construed to mean as well as the heirs, leyat tapresent~tives, successors and sssiy~s (either voluntsry by act of tht
~ perties w involumary by operatan of fhe law) of the same and that the covenants herein contained shall bind ~nd the benefits and advantsyes iiw?r~
to tF~e respective heirs, kg~l represent~tivss, wccessors snd au~9m of the parties hereto. j
And said Mort s, for themselves and their hein, I al re resentatives, tvccessors and au' ns hereb ntl and ieverall coverunt and ree
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~ ro and with the said MORTGAGEE, its'successors ~nd auigns:
~ 1. To pay all er+d sirgvlar the principal and intereit and the wrio~s and sundry sums of nwney psy~ble by vktue of said promiuory note, and tha
~ mortgage, each end every, promptly on ths days respectFiely the same sever~lly become d~e. ;
~ 4. To pay ~II and sing~lar the uxes, assessments, levie~, liabilities, obligstions and encumbances of every nature and kind raw on aid dacribed ~
property, w tMt heresfta may be imposed, suffered, placed, levied, a~uessed thereon, a that hereafter may be levied or ~ssessed upon this Morty- ~
age, a the indebtedneu tecured hereby, each snd everyr, when due and psyable, acco.d~ny ro iaw, befwe they become delinquent, and befon aMr G+terest
~ attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII dE PRO1NPTlY SATISfIE~ ANO DISCHARGED Of :
RECORD AND THE ORIGIt3AL OFFI~IAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION VAPER OFFICIAIIY ENDORSED !
~ OR CERTIftED) SHAII 8E PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event that any thereof is not
paid, sst'sfied snd distharged sa:d MORTGAGEE may at any time psy the same a any part thereof without waiving or affecting a~y optio~, lien, equity a
~ •~~ht undcr w by virtue of this mortgage snd the full amount of each s~d every such payment shall be immediately due and payable and shall besr interes~
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~rom Ihe date thereof uMil paid at rate of nine per centum per annum and together with,}uch ~e~~shall be secured by the lien of th's morytsqe.
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