HomeMy WebLinkAbout1383 2~~U0~'7
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THIS•INpENTURE, Mad~ 1F~ l~~h d+y p} -~~~ril A.D. 19 between
Stephen ra~ier anci Dre~ma U.
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of St . Lucie c,,,,,N Fia~a~, hereinafter deignat~d as tM "MORTGAGOR;'• ~nd, FIRST iEDERAI SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, a corpor~tion wyanized snd exii~ing unde~ ~M laws of tbs Unit~d S~at~~ pf Amcric+ ~nd havi~g its {x~nupa~ P~~~e of
busi~su In ths City of fort Pi~res, St. luci~ County, Florida, hereinafter dssiynstsd ~i tM "MORiGAGE~~ ~
WHEREAS ths MORTGAGOR is ju~tly indebted 10 1M MORTGAGEE in the sum of ~ 2O + 7~ : 0O , good and Iswful money o( the Vn~ted
Ststes advanced by the MORTGAGEE unto the MORTGAGOR, as ev~denced by a cer~ain promissory note of even da~e herewith oi wh~ch the folfowinp ie
words ~nd f' ures is a true copy, to-wit: ~,~p 11~QQ,~~6
= 20 , 70~ . 00
fort Pierc~, Flwida, Apri 1 16 ~ ~y 74
For value rcteived, I, we or either of us, p~om~x to pay, without defalcation, to the order of FIRST FEDERAI SAYIf1GS AND LOAf'rA55~?CIATIUN OF ~
fORT PIERCE at Fat Pierce, Florida, the sum o( S 2O~ 7Y`~ ` Q~ with interest (rom date at the rate of $..Q o pcr annum, in moMhly ins1a11-
meNS a: fo~~ows: S 187 • on ~he 2~t}~ay of r'laV , 19_~`~ and a like sum on the cwrespend~ny day of each month thsre-
ai~e~ until the whole be iu~ly pa~d.
Each installment first shall be applied in paYme~t of the inlerest and then on the unpaid balsnce oi the prinupa) sum. If default is made i~ 1he ~
payment of any installment when due, and such default continues 30 days, then at the optio~ of the holde~, and without any other noe:ce, all the remaining ~
ins~allments shall be due and payable at once. Privilege is given to {xepay this note in whole w in part at any time without penahy. Neither iwebea~ance, f
ahall be ~
nor acceptante by 1Fx holde~ thereof after any default in any payments hereon, ~hall be deemed extension. A late payment ch+rge of s
added to eazh insra:lfnent remaining unpa~d 7 dayf after its d~e date, and a!ike sum shall be added to each such initallment remaining unpaid 7 days after
sach svcceeding paYment dare.
Each maker, surety and endorur hereof, jo~ntly and sxverally, waives demand, preuntment prote~t and notice of protest for nonpayment, and turthe~
agrees to any extensiu~ of t~me of paynunt, e~ther before o? after matu~ity, wi~hout not~ce ~o any of us; and to pay all costs of collec?ion, includ~ny a
reasonable attomey's (ee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the cautitution
and laws of cach State of the United States, as against this obl~gation w any extens~on a renewal F+ereof. ,
Witness the hand and seal of each party.
S/ Stephen hapier tseAu
lSEAI)
S/ D r eama L I~ a; ? P r _ tsenu
cs~w
31. OS ~ State Revenue .
~c~iX ]td4X
NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of S~~ 7O~ _ 00 and the performance of 1M
tovenanb and +greemeros hereinafter expressed, and fw divers good and valuabfe cauiderations, by theu p~exnts, does grant, baryain, ull, remise,
relesse, convey and confirm unto the MORiGAGEE, its successors and auigns, all that certain lot, piece or percel of Isnd, tituate, lying, and being in 1he
~~~y ~ S -uC1e - and Smte of Floride, described n followa:
tJest ? of Lot 16 and all of Lot 1?, Block 6, RUNLI~lAi~ SUBDIVISIOr, as per
Plat thereof recorded in Plat IIpok 9, Page 55, of the Public Records of
SL. Lucie County, Florida.
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s STATE Q~ FLOR1J~: ~ 1~~ ~e~.~~~~~5~~,-
~ DOCUMENTARY,~~.~~ STAM P T t. ~ ~~p~~' ~CA"
iiEaT.OF REVEdUf • 3; - ' ~~1~R~ Qp~t~
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togethcr with all snd singular the tenements, hereditaments and appurtances thereunto belonging or in anywife appertaining thereto, ~nd all rentt, iuues,
proceeds and prof~ts scuuing and to acuue from said premises, all of which a~e included in the above +nd foregoi~9 d~sa~P~'o^ s^d habe^dum.
TO HAVE AND TO HOID the above described and granted premises unto the s+id MORTGAGEE, its sutcessors a~d ass79^t fo?e~~?• Md ih° s+id
N40RTGAGOR for - thelr he~n, execWas, administrarors and assigns, hereby cover+anta with the s~id MORTGAGEE, its successors u+d assiyin.
that t hey d I@__ ~awfully uized of the said premixs in fee simple; tMt the same are free, clear and discharged from all liens and encum-
Mances in law o~ in equity. and that thP~~! wifl and YhPi r hein shall wsrrant and defend the tit{e to the same to the said
NlORTGAGEE, in successors and auigns, forever sgainst ti+e Iswful claims and demands of all persons;
PROVIDED, ALWAYS th~t if the MORTGAGOR ~hall psY unto the MORTGAGEE the promissory note hc?einbefwe dewibed and shall truly, promptly
snd fully perform, dixharge, execute, complete, comp~y w+th and abide by each and every the stipulations, agreert?ents, conditions and covensnb of said O~
promissory note and of this Mortgage, the~ this Mortgsge ~nd the Estate hereby ueated shall cease snd be null and void.
IT IS UNDERSTOOD that the word "Nbrtgsgor" whether in the singular or plural anywhcre in this Mortgage, shsll be sinyulsr if one ot+ly and
shall be plural jointly and ieveraily if more than one, and that the wwd "thei?" ss used s~ywhere in this Mortgage shall be taken to mean "his;' "hen;'
a"iti;' wherever tF~e context w implies w admits. Also, that wherever there is s reference in the coven+nn +nd agreements herein contained to a~y o(
the parties hereto, the san+e shall be construed to mesn as well es the heirs, leyal represent~tives, successors ~nd suigns (either volunary by ect of the
parties w inro~untsry by operstion of the law) of the same and that the covenants herein contsined shall bind ~nd the benefih and sdv~ntages irwn ~
to the retpective heirs, legal representatives, successors and ess~gns of the puties hereto.
And said Mwtgsgors, for themselves and their hein, legal representatives, iucceasors and aui9ns, hereby jointly and severally coven~nt and spree ~
to ~nd with the said MORTGAGEE, its successors and au~gns: ~
1. To pay all snd singulsr the principal and i~terest and ths variovs snd sundry s~ms of mo~ey payable by virtve of said promissory note, and thia ~
mortgsye, each and every, p~omptly on the days respectively the same severally become d~e.
2. To pay ~1~ +~d singvlar the taxe~, +ssessments, leviei, liabilities, obligatans and encumb?encd of every nature +nd kind ~ow on s+id desnibed
prope+ty, w that hereafter may be imposed, wffered, p~xed, levied, or asseued the~ew+. w 1h+t hereafter may be levied or usessed upon this Nbrt¢ ~
age, or the indebtedneu secured hereby, exh and every, wFx~ due snd payable, xcwdirg to law, before they betome delinquent, and befu~ any imerest ~
anaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SNAII BE PROMPTLY SATISFIED AND DISGHARGED OF
RECORD AND 1HE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SA115FACTION PAPER OFFICULLY ENDORSED ~
OR CERTIfIED) SHAII BE PIACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFfER PAYMENT; snd in the event that any thereof is not
~
paid, sst"sfied and discharged sa:d MORTGAGEE may at any time pay the same o~ +ny part thereof without waiving or affecting any option, lien, equity or ~
•pht under or by virtue of this mortgage and the full amovm oi each and every such paymenl shall be immediately due and psyable and shall bear interest ;
i
~rpm the date thereof until paid at rate of nine pe~ tentum per annum ~nd together w~th •uch interest iMll be ucured by the lien of th:s morytaye.
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