HomeMy WebLinkAbout0197 ;~6~i'7~9
THIS INDENIURE. Made the t S th dsy of Oc tgber , A_D. 19_~-~, beiween
_ Matthew J_ Daw and AnnQ Mari P D~~J,~ hi s~iife
oi ~t'. jjlri;e County Florida, here~naiter designared as ehe "MORTGAGOR,"' and ~IRST FEDERAL SAViNGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporation o~ganized and ex~sting under the laws of 1he Un~ted Statot of America and having its principal pta:e of
buseneu in the City of fort Pierce, St. tucie Caunty, Fforida, here+nalte~ designated as the "MORTGAGEE:'
WHERfAS the MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of 5_...~Q~ODO~ ~Q good ar,d lawful money of the U~~ ted
S~ates ad.anced by the t~!ORTGAGEE unto the MORTGAt;,OR, as evidrneed by a certain promissory nme of even date here«~th, of wh~ch the foi:ow~ng in
~vords and figures ii a true copy, to-wit:
s20~ 000 . 00 10020500
Fort P~erce, Flw~da, Oetober 15 ~q 73
for vatue received, I, we o~ e;ther of us, prom:se to~ ~pay, without defa'c~t~o», to the order of FIRST FEDERAI SAVINGS ANp IOAN ASSOUATION OF
FpRT PIEkCE at ~ort Pierce, F:orida, the sum of j?~~Y~!~_.~LS~-__ wrth ~nfcrrst from date a1 the rate of _4•2~ per annum, in munthly i~israll-
~^ents as fo1!owr S~-7 00 on the 20thda,, ,f _Februarv_, ~9_74_ and a like sum o~ the carespond~ng day of each month there-
afrer ~mil the w?~ole be fully paid.
~ach instailment first shall be applird in paymenl of !he inierest and the~ on the unpa~d balance of the prlnc'pa) sum. If defa~lt is made in the
~ ;~~ymeM of any instal!ment when due, and suth default tontinues 30 days, then at the optio~ of the holder, and without any other notice, all the remain~ng
• ::s~allmerus shall be due cnd payabte at once. Privilege is given to prepay rhls nofe in whole or in part at any time without penalty. Neither forebearance,
nvr acceptance by ~he hutder thereof after any default in any paymeNS hereon, shal! be deemed ex~en~ion. A late payrnent charge o( S-S.~Q-, shall be
' ,dd~i to each insrall.~n~•nt remaining unpa~d 7 days after its due date, and a hke sum shall be added to each such installmeN remaining unpaid ) days after
, each succeeding payrnent date.
\ Each maker, surety an~ endorser hereof, joint;y and severetty, warves de~nand, presentment~p~otest and notice of protest 4or nonpaymeN, and f~rther
ag~ees to any extension of time of payment, e~ther beiore or aftcr matur~ty, without not:ce to any of us; and to pay all costs of co~lection, includ.ng a
_ reasonable a~torney's fce in the event of any defau~t hereunder, and hereby seve~afly waives aft benefit of homesread and e~cempt~cn vnder the cortst'~rution
s~~d laws of each Srate of .the Un;red $tares, as against this obGgation w any euansion or renewal hereof.
Wi~ness the hand and seal of rach pa~ty.
\
(SEAI)
S (SEAL)
~ (SEAL)
~ ~n ~n S (SEAU
' ( ) State Revertue
~ KY~~~~+~fti+OM~iM~MM)"
NOW, THEREFORE, the MOR7GAGOR for the purpose of securing payment of said svm of ~ 00~ . , and the periormance of the
' covenants and agreements hereinafter expressed, and for divers good and valusble cons~derations, by these presenrs, does grant, ba~ga~~, se~~, remise,
~ .elease, convey and confirm unto the MORTGAGEE, its successon and assigns, aU that cenain lot, piece or parcel of land, situate, lyirtg, an~ being in the
Co~nty of St. LL1ClE , and State of Flwida, dexribed as fotlows:
Lot 15, B~ock 3227, PORT ST. LUCIE FLORESTA PINES UNIT 2, according to
the Plat thereof recorded in Plat Book 16 at Page 37, Public Records
of St. Lucie County, Florida,
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~ STATE JF ~~.o~~~A ~
! ` DOCUMENTARY,,~.,::;.~ STAM~ , r.~. ~ ~Nm IN PAYMENtat~t
! c-~ UEPT.('ji ftEYENUE;`:''~ ~a; ~
~ - Gllf ~1 CIAS$ 'C INTAHG
. ~ _ _ ,f ` ~ {BLE PER".,QlW,
E - P0. ~ ocrzr» ~ 3 0. 0 0 1 PuQwwrr ro auPrEa na~, ~crs aF isn.
; o = ~ e: ~ ' ~R romus r!U
Ot2RK GIICUIT ~OUBT, ST. WCIE pQ. F~/? _
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together with all and singular the tenements, he?editamenfs and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, issues,
proceeds and profits atcrving and to accrue from said premises, all of which are intluded i~ the above and fwegoing dexript'wn and habendum.
3 TO HAVE AND TO HOlO the above destribed and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said
MORTGAGOR for --~--h-~?'---- heirs, executors, admi~istrators and assigns, hereby covenants with the said MORTGAGEE, its succes~on and assigns,
,hdt ----they_ are~awfull seized of the said
y prem~ses in fee simpte; that the same are free, clear and discha~ged from sll liens and encum-
` b~ances in law or in equity, and that~~._ wili and rho; r heirs shall warrant and defend the title to the same to the said
;410RTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons;
PROVIDED, ALWAYS th.at if the MORTGAGOR shall pay unto 1he MORTGAGEE the promissory note hereinbefwe dexribed and shall truty, promptly
and fufly perform, discharge, ezecute, compiete, comply with and abide by each and every the stipulations, agreements, conditions and tovenants of said
p.omissory nofe arsd of th~s Mortgage, then this Mortgage and the Estate hereby created shall cesse and be null and void.
~ IT IS UNDERSTOOD that the word "Mortgagoi' whether in the singu(ar or F?ural anywhere in this Mortgage, shall .bc singular if one only and
~ shall be plural jointly and severally if more than one, and that ~he word "rheir" as used anywhere i~ this Mortgage shall be taken to mean "his," "hers,"
or "its," vvherever the coritext so implies or admits. Also, that whereve? there is a reference in the covenants and agreements herein contained to any of
j ~he parties hereto, the same shall be construed to mean as well as the he:rs, legal representatives, svccessors and assigm (either vofuntary by act of the
p oanies or involuntary by operation of the Iaw1 of the same and that the cuvenants he?ein contained shall bind and the benefits and advantages inure
_ to the respective heirs, legal representatives, successors and ass~gns of the parties hereto. ~
- And said Mortgagors, for themselves and their heirs, legal representatives, successws and assigns, hereby jointly and severally covenant and agree
~o and with the uid MORTGAGEE, its successors and ass~g~s:
; 1. To Fsay atl and singvta? the princ~pal am! inreresr and the var~ous and sundry sums of money payable by ~irtue of said promissory note, and this
' mortgage, each and every, promptly on the days respedively the same seve?ally become due.
2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of every nature and kind now on said described
property, or that hereafter may be imposed, auffered, placed, tevied, or auessed thereon, or that hereaf?er mey be levied or asussed upo~ thii Mottg-
age, or ths indebtedness secured hereby, eacl~ and every, when due and payable, according to law, befwe they become delinquent, and before any interest
arracines w any penalty is inc~rred; AND INSpFAR AS ANY THEi:EOF IS Of RECORD THE SAME SHALL BE PROMPiLY SAiISf1ED AND ~ISCNARGFD OF
; RECORD AND THE ORIG7NAL OffICIAL DOCUMENT lSUCH A5, FOR INSTANCE, THE tAX RECEIPT OR THE SATISfACTION PAPER CfFIC1ALlY ENDORSED
OR CERTIFIEU) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WIiHIN TEN DAYS NcXT AFTER PAYMENT; and i~ the event that ar.y thereof is not
pa~d, sat sfied and discharged sa d MORTGAGEE may at any t~m.e pay rhe same or any part the~eof without waiving or aftecting any option, lien, equity w
•~qht under w by virtue of this mortgage and the fuli amount of each and every s~ch payme~t shalt be immediately due and payable and shall bear interest
; `~om the date thereof until pa~d at rate of n~ne per ~e~rum per a~num and together w~rh such interes~ s{i tl~be r d by the lie s morgtage.
' bC01c ~~LJ PA6i.