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HomeMy WebLinkAbout0799 ~ 26498~ THIS INDENTURE, AMds the 17th _ day of ~@Ptesber n.~. ~9_?~ ~~W~~ Vincen! Muaiz and Nerida A. Mtoaiz, his witt _ of St. LLtCi~ , County Ficrida, he~ei+iaf~er dsig~ated as rhe "MORTGAGOR:' and FIRST FEflERAL SAVINGS ANO l0~?N ASSOCIATION OF FORT PIERCE, a corpwation orpanized and existing undr~ IM laws of ths U~~red Statas of America and h+virq its prin:ipal pts~ of bu~ineu in the City oi Fort Pierce, St. luc~e County, Flwida, he~einafter cle~iqnated ai the "MORTGAGEE:' ' WHEREAS 1M MORTGAGOR is justly indebted to tik MORTGAGEE in ths sum of S 21 ~ 3~~ ~ good and lawfv! money uf the Un~ted S~ates advanced Dy the MORTGAGEE unto the MORfGAGOR, as evidenced by a certaln promisswy note of even date herawit:+, of wh~ch ~he ~Ollow~r~y :n wo~ds and f' ures ii a tr~e copy, to-wit: ~ 10~~~ 21, 300. 00 , . ' Fott Pierts;~f~ofi~+~ _ ,8 t ,,,~'X^~, 19~a~. fp value received, 1, we o~ either of us, promise to pay, without defalcation, fo thc o~der of fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORi PIERCE at Fat Picrce, Ftorida, the sum of S 21~3~~~ with interest from date at the rate of 9~~OO p~r annum, in monthly install- ~nrnts as follows: S 1~9' ~ o~ the 2~~ day of 'J~~ry 19 74 and a like sum on tAe correspond~ng day of each month there- afrer uNi) Ihe whole be (u~ly paid_ ~ Each installment first shall be applied in paymenf of the interest and then on the unpaid balance of the princ~pal sum. If default is made in ths ~ ~ ayment of any instal:ment when due, and such default conlinues 30 days, the~ at the option of the holder, and without any other notice, all the remaining :ns~al{ments shall be due and payabfe at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neithet forebearante, \ r•or acceptance by 1he ho:der thereof a(ter any default in any paymen~s hereon, shall be deemed extension. A late paymenl charge of S 8' 95 shall be added to each installment remaining unpa~d 7 days after its due date, and s like sum shall be added lo e su installment remaining u~paid 7 days after ~ each succeeding payment dare. Eath maker, surety and e~dorser hereof, jointly and severslly, wsives demand, preuntment pro est a notice of protest for na~payn+enl, and turthe~ agrees to any extension of time of payment, either before w after maturity, without notice to any of us; nd to pay all costa of collection, including a ~ ~AasonaNle attorney's fee in the event of any default hereunder, and hereby severalty waives all be fit homest *d and exemption under the constitution - and taws of each State of the United Srates, as aga~nst this obligation ot any extension w renewal re6f. ~ ~ . ~ Witness the hand and seal of each party. ° ~ ~ ~ u ~~V (SEAU i ~1C ~ (SEAL) ' ' ~ (SEnU ~ s erida A. Muniz ~7 ~ ; -~31.95 ~ sr,t~ a~Y~~~ (&..np~ wwRMai ~w ~.:g:+l.~o1t) ; Zl s 3~~ ~ and the ?formarxe of ths a NOW, THEREFORE, the MORTGAGOR fw the purpose of securing psyment of said sum of = P~ t ~ covenants ~nd agreements hereinaiter expressed, and fo~ divers good and valuable considerations, by these p~esents, dxs gront, berysin, sell, remise, ; ~elease, convay and confirm unto the MORTGAGEE, its succeswrs and suigns, all that ccrtain lot, piece w percel of Iand, situate, lying, and being in the ~ County of St • t'1~Ci@ and State of Florida, described as follows: ~ ~ Lot 2, Block 3216, FOR? ST. I.UCIB FLORSSTA PINBS UNIT #l, according to the Plat thereof zecorded in Plat Book 16, Page 35~ of the Public Records of St. Lucie County, Florida, i ~ ~ t~ 1 ~ ~ ~ ?~F F 5~.~~`-%"` ~ ~ 1 9 ; ~ CJ'T AM~NZAR 'z ~ 3 5 ~ . ~ N DOC ef PEVEN~ : • 1 . ~ aoy N DEPt ~ ~t j%i3~ ~ C ~ • w ~ ~ a ` , y~ d M~OFj~ _ ~ o RECEf~1~s ~E4SON~~ ~ ~ 111TM0?~ ~ ~ II~S OF 1~11. ~l< ~ Tp CttllPtfR ri•134. ~ h ~ ~ q~ltK C?iCdiR OWfR• St: ~ ~ ~ ~ ~ rogether with all snd singular the tenements, hereditame~ts and appurtancef thereunto belonging or in anywise sppertsining ihereto, and all rents, issues, ~ proceeds and profits accruing and to accrwe from said premises, all of wFi~th ~re included i~ the ebove and foregoinp dewiption and Mbendum. ~ TO HAVE AND TO t10LD the above described and granted premixs unto the ssid MORTGAGEE, its svccessws a~d assigns forever. Md tFw said ~ MORTGA~ R for t~e~ hein, cxecuton, administraton and assgns, hereby tovenanri with the s~id MORTGAGEE, iff wccesso+s ~nd ~uipm, rhat e- tawfully se~zed of the said premixs in fee simple; that the same sre frae, dear and discharged irom all liero ~nd encum~ ~ :3 ha~r hein ihall warrant ~~d defend the title to the same to the s+id braiues in law w in equity, and that tZ1~~L- will and t ~F MORTGAGEE, its successors and augns, fwever against the lawful claims and demsnds of a!! persons; 'y PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto tFro MORTGAGEE tF?e promissory note hereinbefore dewibed and shall trvly, promptly and fully perfo~m, d~scF~arge, execute, complete, comply with and abide by each snd every the stipulations, agreements, cond~~ions +nd covsn+nn of ss~d r, promisswy note snd of this Mutgage, then this Mortgage and the Estate hereby aeated shalt ce~se and be null and void. IT IS UWDERSTOOD tMf the wwd "Mortgagp" whether in 1he aingular or plural anywhcre in this Mortgsge, sMll be singular if one only ~nd ? ~ shall be plural jointly and severally if more than one, and tha! the word "their" as used snywhere in this Mort9sye sMll be taken to mean ' hK;' "hen;' ; - or "its," whcrever the context w implies u sdmits. Also, that wherever there is s refere~ce in the coven~nts and sgreements herein contsined to any of u the parties hereto, the same shall be construed to mean as well as the heirs, legsl representatives, iucceswrs and asi~gru (either volont~ry by +ct of the " = parties o~ involumary by operatwn of the law) of the ssme and that the covensots f~erein contsined shall bir?d and tF~e benefits and adwnts~es lnure ro the respective heirs, legsl representatives, succeswn and ess'gns of'the parties hereto. And said Mortgsgws, fw themselves snd their heirs, legal rrprexntativea, successon sr?d +ssigns, hereby jointly and severally cwensnt snd spree - ~o and with the said MORTGAGEE, its successors and as~gns: 1. To pay all snd singular the principal end intcrest and the wrious and sundry sums of money payable by virt~e of said promissory note, and thit : mort a e, each snd ev om tl on the da s res tivet the same xverall kxcomt d~re. ? 9 9 NY. P~ P Y Y PK Y Y 2. To pay •II snd sir?gufar the taxes, sssessments, levies, lisbilities, obligaYw~s and enc~mbrances of every n~ture and kind now on said described property, or th~t hereafter may be impoted, suffered, placed, levied, or auessed thereon, or thst heresiter may be levied or usessed vpw~ this N{ott¢ age, o? tF~e indebtedness secured hereby, each snd every, when due anQ psyable, accwdirg ro law, befae they become delinqvem, and before a~ry interss~ =s: arraches a any penatty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, FQR INSTANCE, THE TAX RECEIPT OR THE SATISFA~TION PAPER OfFIC1AlLY ENOORSED OR CERTIFIED) SFU~II BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the evtet tMt any thereof a eW ~:N paid, sstafied and discharged sa'd MORTGAGEE may at any time pay the same or any p~rt tFxreof without waiving or affeding any option, lien, eqvity ot ~ •iqht unde~ or by virtue of this mortgage and the futl amount of each and every such payment shalt be immediately due and payable +nd ~hall bear interest ; ~rom the date thereof ~ntil pa;d at rate o( nine per centum pe+ annum and toye~her w~th such iMerest ha 1 ~`u by the I~' jn f h:t morgtaye. ~ - BUOK~1~ PA~,t 1 _ _ - { - - ~~r - - . ~ g ~ . . ,