HomeMy WebLinkAbout1381 ~ ~~Ut17ti
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THIS INDfNTURE. Mad~ 1M l~th d+ of ~I~ril A.D. 19Z~.-. betv+ee^
Gerald Enc~lish anc~ l~tricia A. ~~Li , h~,~.w~ Fe _
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of St . Lucie Cqinty Florida, hereioafter detg~ated ~t tM "MORTGAGOR." ~nd F1~tSi fED:QAI SAVINGS AND l0~?N ~
ASSOCIATION OF fORT PIERCE. • corporation wyani:ed ~nd exi~tirg unda tM laws of tlw Un~ttd Suta of Am~~ic+ u+d havi~p ih pr~ncipal ple:s of
buuneu in tM Ciry of Fo?t Pi~rce, St. lucie County, florida, hKeinafte~ deipnated +s ~M "MORiGAGEE."
WNEREAS the MORTGAGOR i~ jwtiy indebted to tht MORTGAGEE in the ium of ~ 2O good +nd I~w~ut money oi the Umted
Statss advanced by ~he MORTGAGEE unto the MOR~GAGOR, as evidenced by a certa~n p~omissory ~o~a oi avea date herewi~h, of wh~ch the tollewing ie
w«ds and f~gures ~s a~rw copy, to-wit: ~ 310V0~07
~ 20 , 000 . C~O
Fort Pierc~, floride. ~d.c,~ Y' ~ 1 l$ 19_~.4
For value received, 1, we or eithe? of us, promise to pay, wilhout defatcation, to the order of FIRST FEDERAL SAVINGrS~ AND IOAN AS~CIATION OF :
FORT PIERCE af Fwt Pierce, Plorida, the sum of S~~~~ •~O W~th interest irom date at the ~ate of a• 7'76 pa anr.um, in monlhly ini~~ll- s
i
ments as followa: S 16'5.0~ a+ 2Oth d~y of Se~te~eber, ~q ~nd a liMe sum on the corrcapond~ng day of each R:onth the~s-
atler vntil the wholr be fully paid.
Eath instali~ncnt first shall be applied in payment of the interest and then on the u~paid balance of the princ7pal tum. If default is mede i~ the
payment of any installment when due, and such default continues 30 days, then a1 tF~e optioo of the holde~, and without any other notice, all the remaining
i~stallments shall be due and payable at once. Privilege is given to prepay this no~e in whole o? in part d ~ny time withaut penalty. NeilFxr faebearsnce,
8.25
nor acceptsnce by the holder thereof after any default in any payments hereon, shsll be deemed extension_ A ~ate payment tharge of = shall be
addrd ta eath installrnertt rerrsaeninq unpa~d 7 days afttr in due dats, and a like sum shall be added ro cach such instaltmem remaining unp~id 7 days after
each succeeding paYment date.
Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, p~esemment protest and rwtice of protest for nonpayment, and fvrthe~
agrees fo any extens~on of time of payment, either before or aiter maturity, without not~ce to any of us; and to pay all costs of collectio~, indudmg •
reasonable attorney's fee in the event of any default hereunder, and hereby se~e~alty waive~ aIl benefit of homestead and exemplion under the constitvYan
and laws of each State of 1he United States, as against this obiigatio~ w any eatension or renewal hereof.
Witrxss the hand and seal of each party. S/ Gera,lc~ T. English
($EAI~
(SEAI)
S/ Patric~a A F~nnl i ch (SEAU
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( Y ~ • 1 State Revenue
liEtif~fSXcYr~lfilliaxo~C~~[aGb[~1C
NOW, THEREFORE, the MORTGAGOR fw the purpou of secu~ing payment of ssid sum of S ~n -n0 +^d P~'formance of the
cove~ants and agreemenh hereinafter expreued, and for divers good and valuable conside?ations, by fhese presents, does grant, bargain, sell, ~emise,
release, convey nd confirm urto the MORTGAGEE, its tucccsso~s and assigns, all that certain IoL piece a parce+ af Isnd, situate, lying, and being in ths
Counly of ~t • Lucie and Sute of Fbrida, desuibed as follows:
Lot 8, Block 61, 90UTl~ PORT SAI'vT L~'CIE, UNIT #5, as per Plat thereof on file
in.Plat Book 14, Page 12, according to the Public Records of St. Lucie
County, Florida.
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f STATE ~F FLC~RIDA ~ ~ ,~Q~~S~
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OOCUMENTARYF'~°
::~;StAM P _ { ,
~'G~e~~`~
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pf.Pi. Ui rZEYENUE ~ 11 ~ZrN`~r
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together with all and singul+r the tenements, hereditaments +nd sppurtances thercunto belony'u+y d'un anywise ~ppertsinirg lhereto• u+d all rents, iu~es,
proceeds and profits ucruing and to acuue from ssid prert~ises, all of which are included i~ the abovs and fueyang desuiptio~ and habendum.
TO HAVE AND 70 HOID the above desvibed snd granted premises unto the ssid AhORTGAGEE, iri s~ttessors +nd ~ssi9~ faeve~• Md tM s+fd
MORTC R{a t h~l r___- he;rs, executws, administrators and assigns, Fxreby covenants with the said MORTGAGEE, its succeswn ~nd as~i~ro•
that -~~ey dre-- ~awfully seized of the said premises in fee simple; that the same ~re free, ck~r ~nd dischsrged from all liens ~nd tnn+m-
bruxes in Iaw w in equity, and that they W~~~ a~ their hein shall w~rrant ~nd defend tF~e titk to the same to the s+id
MORTGAGEE, its tucceuors snd essigns, fwever against the lawful claims and demsnds of all persons;
PROVIDED, AIWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promiuory note hereinbefwe desuibed and shall trvly, promptly
and fully perfwm, d~scharge, execute, complete, comply with and abide by each and every fhe ttipulations, ayreemeMS, conditions and covenanri of s+id
promiuory rsote and of this Mortgage, thcn this Mortgsge a~d the Estate hereby ueated shsll uase and be nu~l ~nd vo~d•
IT IS UNDERSTOOD that the wwd "Mortgagw' whether in the singular or plursl anywhere in this Mortyage, shall be singula? if one only and
shall be plural joiMly and xverally if more than one, snd that the wo?d "their" as ufed snywhere in this Mort9aye shal) be tiken ro mean "hia,•• •'hen•• n
w"its;' wherever the context w implin a admits. Also, that wherever there is a reference in the covenants and sgreements Fxrein contsined to ~ny of ~
the pa.ties hereto, the ssme shall be construed ro mean as well +s the heirs, kgal npraeniativp, successors snd auigru (either voluntary by ad of tF»
parties or involuntsry by operation o f t h e law) o f t h e same a n d t h a t t h e c o v e n a n t s h er ein contained thall bind ind 1F~e benefits and advantspes inw~
to the rppecrive hein, legal representatives, successon and au~gns of the p~rties hereto.
And said Mortgsgors, for themselves and their heirs, legsl repreuntstives, succeuors a~d suiyns, hereby jointly and xverally covenant and ayree
to and with tF?e said MORTGAGEE, its successori snd auigns: ~
1. To pay all and singular the pri~cipal and interest and the various and sundry swns of mo~ey payabk by virt~e of said promiuuy note, ~nd this
mwtgage, esch and every, promPNy on the days respectively the sart+e severally become due.
2. To psy all •nd ~ingvlar the tsxes, as~esunenti, tevies, liabilifies, obligstions and encvmb~+nces of every n+ture and kind now o~ s~id described .
property, u that here~fter msy be imposed, suffered, plxed, levicd, ar suessed thereon, w that hereafter may be levied a usessed ~pon this Mort9-
pe, or the indebted~+ess secured hereby, each snd every, when dve and paYable. +ccwdinp to bw, before they become deli~quent, ~nd befor~ ~ny intaest
attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SMAII BE PROMPTIY SATISFIED AND DISCHARGE~ OF
RKORD ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SA115fACT10N PAPER OFFICIAtIY ENDORSED
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; snd in the event that any tlxreof is not
paid, sat"sfied and diuharged sa:d MORTGAGEE may at any t~me pay the same or any pa~1 ~hereo( wi~hou~ w+~~~^9 a ~fiectiny sny option, lien, equity p
•iqht under w by virtue of this mortgage a~d the full amount of e+ch and every such psyment ihall be immed+ately due and paysble and fha{I 6ear inte?est
trpm the date thereof un1i1 paid at .ate of n~ne per ce~tvm per annum and toqether w~tfi such interest thall be secured by the lien of th:~ moryta~e.
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