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HomeMy WebLinkAbout1827 , . . 2~;U~;9;~ ~P ~ ' Apll l A.D. 19 74-- b~tw~ THiS IN~ENTURE, M~ 1P~• 2 3rd day of $~iVC~~IrLA[dC ~NSTR(]CTIOI~ ~I~~~RPORATSD. a a-a cerPata! - of St • LuCl@ C~~~y Flo~ida, ha~in~ftK d~i~p~++ted ~s tM "MORTGAGOR;' a~d FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF fORT PIEME. ~ cwpaation w~r?iz~d and ~a~itinp undN tM laws of tM U~~t~d Stata of Mwriu ~~d h+vinp its principal pl~c~ of bu~intu in tF» City of fwf PiKC~. St. luci~ County, Florida. Mreinahtr desiqn~~ed ~s tFr "MORTGAGEE." QQ 00 and I~wful money of the United WHEREAS tM MORTGAGOR is justty ind~bt~d to th~ MORTGAGEE In ths tum of i-~~~ ~°Od Stata ~dvanced by tM MORTGAGEE unto th~ MORTGAGOR. +s evide~ced by a crruin prwniuory no~s of eve~ date herewith, of which the iollowinp in ~~25 3~0~00~ t~w CO~r. ~aW~~: ~10020824 . Fort Pierc~, Fiwida, Anr i 1 2 3 19~ Fw valw received, ws w eithe~ of ~s, pran~se to p~Y., W~~~?~ ~faltat~on, to the o~der of FIRST FEDERAL SAVINGS AND LOAN ASSOC~ATIOV OF 7 ~0. QD with intere~t irom date at tho r~te of~s?~9'e ps~ annum, in monthly install- fORT PIERCE at Fort Pierce, Fbrid~, the sum of ~p n,ents u follows: S 2O9 ~hs2~th d+Y o~"uguSt , 19 7'4 and ~ ~ilce sum on ths correspondiny dsy of each mon~h ~FKrr after until the whole be fully paid. Eath instsl{ment fint shall bi +pp~~ed in P+Y^w^t of the interesf end then on the unpa+d balance of the p~~M~Pa~ swn• If default is made in the paymcnt of aay installment when dw. +~d such defauh continues 3a days. the~ et ~he optan of the holder, snd without any other notice, all the rsmaining inst~llment~ shall be d~e and payabk at once. Privile~e i~ yiven to prepay thii rats in whok w i~ p+~t ~t ~ny time without pen+fty. Neither forcbearancs, nor acceptanca by the holda~ the~eof after sny defiult in any payments hereo~, shsll be deemed extension. A late payr*ient char9~ of S~s~•-~. sF++~~ be added to each tnstallment remaining unp+~d 7 daYs af~er in due date, and a like sum shall be added to each such installme~t rema~ning unpaid 7 days after each succeeding paYmeM date. Each maker, wrety and eodorscr hereof, jointly s~d severally, waives demand, prescntment pro~est and notice of protest for nonpaym~nt, and funher agrees ro sny extension of time of payment, eithcr before a aftcr maturity, without notice to sny of us; and to pay at~ costs of collection, includinp • reasonable attorney's fee in the evenl of sny defauit hereunder, and herrby severally waives all benefit of fiomestead and extmption under the constifvlion and Iawi of each State of the United States, as against this obl~gstioa or any exgt ngYia+_or :~,n_e_W~~NSTRUCTIUN OOMPANY~ INOORPORA2BD ernc;ttr~r?Ke~ Witness tF~ hand ~nd seal of each party. BY ~ s/~~CyTAT C ~i ne thi P~,.c~~nt cs~?u - - ATTBST: s/G. B. Hutchinson. Secretar~,u . . ~ t 37 9 5 ) St~te Revenue - 7 ~[l(~ , O~ ~nd th~ pcrformsr.r~ of tFw NOW, THEAEFOR~ the MORTGAGOR for the purpose of securing payment of ssid sum of S~a - coven+nts ~nd sprxments he?einafter expressed, and fo~ divers 9ood and vatu~ble considx~tio~s, by thes~ prest!~s, does ~ran4 ba~p+in, uN, remise, release, convey and confirm uNO the MORTGAGEE, iri successon and ~ssigns, all that ceAein bt, p'~eu or psrcel of lsnd, situste, lyirg. ~nd b~+g in t~ ~~~M ~ $t . Lue ie snd Stste of fbrida, dew~bsd ~s follows: . xiMAL'~ 31am ~s~~:s The South 26 . 66 feet of 1.ot 12 , Lot 13, and the North 16.66 feet of I.ot 14, Block 45, 0 2 5 8 4~ SAN LUCIE PLAZA SUBDIVISION, as per plat «~~~~~~~m.v~ thereof on file in Plat Book 5, Page 57 of ~O~ the Publ ic Records of St . Luc ie County , N 0 3D ' p m 4 ~ t~„ Z Florida, " ~ ~ ~ ym E ~ y wi. ~ E ~ t j [ 3 ; : . y~; ~ IN MYMQR OF TAXE~ ' v+~ ~ ~ ~ DUE ON GASS '~C' IIITAN6IBLE PE;i~t7k.41 PROPERI~ ~ f t jyO ~ p~RSUA1ti Tp CIIAPTER 71-134. I~TS OF 1971. ~ p Il06ER PORRIIS ~1 ~ CLEAK CIROINT GbUNT, St. UlCiE C0, Fll ~p --~0~ ~ ~ ~ ~ ~ ~x ~ ~ ~ r. ~ ~ ~ ~ together with all u+d ungvla~ the teoements, hcreditamenb and sppurts~ces thereunfo belonginp or in +nywiss +PPert+'^~^p tl~~~o' ~^d rents, iuues, ~ proceeds and profHs acvuiny and to ~cvw from s+id premises, all of wKid+ an included in the ~bov~ and fore~oing desaiptan u+d h+be~dum- ~ TO HAVE AND TO HOLD tFie above described and qranted premises unro tFa said MORTGAGEE, its suaessors a~d sssiy^s fwever. Md th~ said 's~. MORTGAGOR fw ~ t c hein, exetwon, +d~~~~strators and auigns, he?eby coven+nb with the said MORTGAGEE, ifs s+xcesso~s a^d asigm• ~t ~},at lawfully se~zed of the seid premises in fee simple; tMt tF+e same ue free, cl~sr ~nd discMrged from all I"~ern e~currr ~ lt 1S it lt S FKin shall wur~nt ~nd defend the title ro the ~ame to the wid brantes in Iaw or in equity, and that will snd ~ MORTGAGEE, iri successe?s and auigro, forever against the lawful claims snd dem+nds of P~nwn% PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefot~ described a^d sh+~~ tn+~Y' Pr°^'Ptly snd fully perfwm, diuhsrge, execute, compkte, comply with and abide by esch snd every the stipulatwns, a9reemen», co~di~ions and covenann of s.d promiuory note +nd of tF~is Mortyage, then this Mortgage and the Estate hcreby ue~ted shsll oe~se +nd be null ar+d wid. ~;r IT IS UNDERSTOOD that the wwd "Mortgagor" whethcr in the singular w plwal ~nywhere in this Mortgaye, shall b~ sinpulu if one oniy a shall be plurel jointly ~nd severally if more tha~ one, and that the word "their" ~s uaed anywhere in this Morty+ye sh~ll be t~ken to meai? "his; ••'hen; • w••iri; • whereve? the context w implies or sdmits. Also, that wherever there is ~ refaente in th~ covensnn snd ayreemenh herein cont~ined to ~ny of the p~rtia hereto, the fame shstl be consnued ro mean ss welt ss the hein, legal representatrves, s~ccesso?s and auiyns (either voluntary by act of tM partiq or involunt~ry bjr operation of the law) of the same and that the covenanb herein conuined shsli bind and the benefits ~nd ~dv~ntspes inut~ ro the respectiw heirs, leyel repreuntatives, succeiwn and aa~gns of the panies hereto. - qnd said Mortgegors, fw themselves and their F~ein, legal rep?esentatives, successors and aui~ns, hereby joiMly and severally covei?ant and ayree to and with ths s+id MORTGAGEE, its successon and ~is~9ra: 1. To pay ~II and sinpular the principal snd interett and the vsrious +nd sundry sums of maxy paYable by virtue of said promissory note. +nd this ^w?ty+9e, exh ~nd every. Womptly on ti?e days retpectively the same sev~nlly become due. -o 4. To psy all ar+d sin~vlsr ti~e t~zes, auessmenb, kvies. IisbiliY~es, obligatans and ~ncumbra?~ces of every n~turs snd kind now on u~d dextibed~y N~ prope?ty, a that here~her may be imposed, wffered, placed, levied, or ~ssssied thereon, w that hereafter may b~ levied a auesied vpa+ this IY{oh~ ape, w tFK indebtedneis secured hs~eby, eacfi ~nd ~very, when dw +nd p+ysble. +aordinp to I~w, befae they become delinq~ent, ud befor~ any int~rest}~ atlaches w any per?~~fy is incurred; AND INSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SHAIL BE PROMPiLY SA715FIE0 AND DISCFIARGED OF~ RKORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEtPT OR THE SATISFACTION PAPER OFPICIAILY ENDORSE~ OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID N10RTCaAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tM evcnt that any thereof a not psid, aN'sfied and diuharged sa:d MORTGAGEE may st any time pay the ssme w sny paA thereof without waiving o~ affectiny any option, lien. eqvity a •~aht under or by virtve of this mortgage +nd the full smount of each and every such payment ~hall be immedia~ely due snd paYable and ahall best interest ~~d" hom the date thereof until p~id at rofe of nine per centum pe~ annum and together w~th such interest thall be secured by the lien of th:s mo~ytsqe. - ' - ` : ~ ~ ; ~ ~.x - ~ _.r . _ _ _ _ _ .