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HomeMy WebLinkAbout0917 • ~ i~r6~J~~J tP THIS INDENTURE, Made tha 19th day o~ Septe~ber _Tz - A.0. 19_~ Ixt+veen 1 , ~ . ~av ~d-5 n~pF~S!-. an r s . uppe s, s~r e ' . o~ ~,t Ll+~~e Cpunty flotidi, hcreina(~er designated a~ the "MORTGAGOR." and fIRST FEOERAL SAVINGS AND LOAN ASSOCIATION Of fORT PIERCE, • corporation o~ganized and existiny under the Isws oi tM Un~ted Sfatas of Ameriu and Mvir~ ifs p?incipal place of bu~iness in ths City of Fort Piercs, St. lucie Couo?y. Flaida, hereinaiter dei~gnated as the "MORTGAGEE:' , , WNEREAS 1he MORTGAGOR is justly indebted to ths MORiGAGEE in the sum o! S 1O good and lawful money oi the Un~ted States advanced by the MORTGAGEE unto the MORiGAGOR, as evideoced by a cenain promisswy note of even date herewith, of whrch thv following in words and figures is ~ true copy, to-wit: s 1O i~ ~ ~ ~,yo 100'10437 _ Fort Pieres, florida, Septenber 19 19 93 Fw vatve received, I, we or either of us, prom~se to pay, w:ihouf de(alcaf~oo, to the order of FIRST iEOiRAI SAVINGS AND 1011N ASSOCIlaT~ON OF FORT PIERCE at Fwt Pierce, flor[da, the sum of S~Qa~~Q----- W~th interes~ irom date at ?he rate oi Q~Q o rer annw:, in monthly instal!- ' ~ 9O ~ he 1_. 19_ ~3- and a like sum o~ tlx corres d. Ja of ~ach month ther~- ~.,ents as tol.ows: 5---.--- day of ~.fl t0 P°^ ^9 Y after until the whole be lulty paid. Each installment fi~st shatl be appl~ed in payment of the i~tereat and then o~ the unpaid ba~ance ol the prinupal sum. if de~aull is made ~n the ~;ayment of any instaliment when due, and such default continues 30 days, lhen at the opeon of the holder, and wiihout any mher •..otice, all the r~maining ~~;stallments shatl be due and payable at once. P~ivilege is given to prepay this note in whole w in part at any time withoul penalty, tirither forat~~ance, nor acceptance by the holder Ihereof aiter any dvfaulf in any payments hereon, shall be deemed extens~on. A late payment charge of S 4-• shall be added fo each installment remaining unpa~d 7 days afler its due date, and a Gke sum shall be added to each such installment rema~ning unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, join~ly and several(y, waives demand, p~eientment protest and notice of p~oresl for no~payment, and furthe~ agrees 1o any extension of ti~ne of payment, either belore o~ aftrr marurity, wiihout not~ce to any of ui; and to pay all costs of co!lection, includ~ng a reesonable attomey's fee in the event of any defauft hereunder, and hereby severatly waives all benef~t of homestead and exempiion under the conatitution ,nd laws of each Sfate oF the United States, as aga~nst fhis obGgation w any extensioo or renewal hereof. Witness the hand and seal of each party. - Q~ DaV 1(~ SIIDD@ 5 ~ SY . (SEAt~ ($EAL) (SEAL) s 15.00 sf i]eri~ M S~mnaS (SEAu State Revenue NOW, THEREFORE, the MORTGAGOR iw the purpose of securing payment of sa~d surn of : 1O and the perfwmance of ths covenants and agreements hereina(ter e~pressed, and fo~ diver~ good and valusble considerations, by these preunts, doea gront, bargain, sell, remise, release, co~vey and confirm unto the MORTGAGEE, its ~uccessors and assigns, alt that ceriain lot, piece or parcel of land, sitvate, lying, and being in ths County of St .~'l1C 1@ and Stare of Flwids, deuribed ~s follows: ppartaent No. 106, Building IV~ ot ISLAND HO[~S6 CONDOMII'QUMS, PHASB l. sccozding to the Declaration 6i Condo~inium and all axhibits thereeo _ dated May 23, 19~3~ recorded May 29, 1973 in Otlical Records Book 214, pages 1858-1933, ot the public records of St. Lucie County, Rlorida~ together with all ot its sppurtenancaa according to said Dec2aration ot Condoc~ini~a and all exhibits theiato and togelher with all tene~ents - and hersditaaents thereto belonging or in anywisQ appertaining to said apartne~t. d STBJBCT to the terna, covenants, agreesents, obligationa and pzovisions of aaid Declaration of Condoniniun and all exhibits thereto which the " Mortgagor in all things dces covenant to Mor4gagee faithtully to observe ~ and perforn. ~ ; . . _ ~ € STATE ~F FL~f~+~N ~ ~ ~~7 OGCUMENTARY.~`-.:;~_S?AMP i!+> v.o~? I RECEIVED IN PAYMENT OF TINfES ~ c~ ~ DEPi. Jf NEVfAIUE i=i' :?R~~ ~ - DUE Ofl CIASS'C' INTANGIBLF ?E..:Or:.ll ~RQpQtiY~ yr - ' ~ PURSIJANT TO CHAPTER 71-134, A~CTS OF 1971.~~ ~ ~ = = L~T 3-'1~ ~ . ~ i o 0 - P.e. ' ItOGER PpITRI\S ~=ri~nt ~ry( C~R COUHT, Si. WCIE 00, HJ~ ° HJ f ~ ~ rogether with all and singulsr the tenements, hereditamenfs and appurtar.ces thereunto belonging or in anywite appertsining thereto, +nd all rents, issues, ~ proceeds and p?ofits accrv~ng and to accrue irom said prem~xs, all of which are included in the above and foregoing dexription and habendum. TO HAVE AND TO HOLO the above described and granted premisea unto Ihe said MORTGAGEE, itt successors snd assigns forever. And the said ~ h10RTGAGOR for hel~s, executors, adminissra~ors and ass~gns, he~eby covenants with the said MORTGAGEE, i» succeuors and ~uiyro, ~ r'r~at - t~ arQ lawfully seized of the said premises in fee simple; lhat the same ue free, dcar and dixFwrged from all liens snd entum~ ~ brances in law w in equity, and that_ t~ will and t~u Ixirs shall warranf and defend the title to ttx ssms to the uid ? MORTGAGEE, its successors and ass~gns, forever against the lawful ctaims and demands of all persons; PROVIDED, ALWAYS that if the IwORTGAGOR shall pay unto the MORTGAGEE the promissory note he~einbefwe deu+ibed and shall truly, promptty and fully perform, discharge, execute, complete, comply with and ab~de by each and every the stipulations, agreemems, conditions and covenants of said - prom~ssory note and of this Mwtgage, then this Mortgage and :he Estate hereby ueated shall cesse and be nvll and void. IT IS UNDERSTOOD that the word "Mor~gagor" whether in the singular w plural anywhere in this Mwtgsge,_thsll be singular if one only snd shall be plural jointly and severally if mae than one, and that the wwd "their" ai uted anywhere in this Mortgage shall be taken to mesn "hii" "hen;' or "its;' wherever the context so implies w admits. Atso; that wherever there is a reference in the covenants snd agrocments herein cont~ined to any of ~ the parties hereto, the same shsll be construed to mean as well as the heirs, legal reptesentatives, successo~s and assigns (either voluntary by ~d of the ~ parties or involuntary by operation of the law) of the same and that the covenaMS herein contained shall bind and the benefils and advantsges inure to tFu respetlive heirs, Iegal representatives, successors and ass~gns of the parties hereto. r~ And said Mortgagors, (w themselves and their heirs, legal repreuntatives, successors ~nd assigns, hereby jointly ~nd severally covensnt and agree fe and with the u~d MORTGAGEE, i~s successors and ass~gns: ~ l. To pay all and s~ngular the principal and interest and the various and sundry sums of money pay~bla by virtue of said promissory note, snd thif mortgage, each and every, promptly on the dayf respectively the same severally become due. 2. To pay all end singvlar the taxes, assessments, levies, liabilities, obligations and encumb~~nces of every nature snd kind now on taid described property, a th~t hereaiter may be imposed, suffered, plated, levied, w auessed thereon, o~ that hereaiter msy be levied w ss~essed upon fhts Mortg- ~ age, w the indebtedness secured hereby, each and every, when due and payable, xcordirg to Iaw, befae they become delinquent, +nd betore ~ny interest arraches or any penalry is incurred; AND INSOFAR AS ANV THEREOF IS OF RKORD THE SMAE SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF ~ RECORD ANO THE ORIGlNAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1AllY ENDORSED OR CERTIFIED) SHAtI BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is no? pa~d, sat'sfied and discharqed sa:d MORTGAGEE ma at an time s the same w an rt thereoF wilhovt waiv7 or affecti an tion, lien, vit w Y Y P Y Y W ^9 ^9 Y oP ~1 Y ~~qht under w by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shal) be~r interest ~ jrom the date thereof u~~il paid at rate of nme per cenrum per an~um snd together w~th such interest shall be ucured by the lien o~ Ih:s morgts~e. ~0~219 F~~r ~~7 ~ . . _ _ ~ . _ . _ _ .