HomeMy WebLinkAbout1083 i~C~!t1 q~ $ ~ t
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THIS INDENTURE. Mad~ tl~ie 8th day of - May A.D. 1974 ~ b~tw~n
~
Elaie M . Lanier, a~~ ~T~ : '
of St • 1'uCie Co~nry Fta~d+. ~M~f1MfiN d~sip~+ted ae tM '7NORTGAGCR;' a+d FIRST FEDERAL SAVINGS AND IOAN
ASSOCIAiION OF FORT PIERCE, a co.por~t~on ap~nued and existinp uM7er the !aw? of thr 1/wi»i St~t~s of /1rn~ric+ and havinp it~ principal pl~c~ of
buiintss in tM City oi fort Pierc~. St. lvcie Co~nty. Florida. hereinafter .daipastd ~s tM "MORTGAGEE."
10,3~.~ and I~wful ma+sy of Ihe U~~ted
WHEREAS tM MORTGAGOR is j~»tly iodtbted ro tM MORTGAGEE in tFN ivm of f 9~~
S+ares adva~ced by the MORTGAGEE unto the MORTGAGOR, as evidencsd by • cert~in promisao+y ~o~e of even dats herewi~h, of which the tollowi~p in
words and fgure~ is a uue copY. ~ow~r. 10020864
s 10.300.00 ~ 74
Fon Pk.c.. F~o?id.. Mav 8 t9
fa value receivcd, 1, we w either of us, prom~x to pay, wi~hovt defslcatio~, fo the o~der of FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF
FORT PIERCE at Fat Picrce, fbrida~, the sum of S-1Q~3~•~ - w]tb ~~~crest from date at the rate of 9s.Q% p~ annvm, in monthly inslsll-
~:.e~.ts as follows: i 131.00 0o t1x 20L~t ~Y of .~~lfl@ ~q 74 ~nd s like sum on the corresporxlinp day of esch month therr
a~rer unt+l the whole be fully paid.
Eath instal~mcnt (irst shall bs applied in paYme^f of tha interest and thcn o~ the unpaid belance of the principal sum. If default is mads in tM
Fay~~~ent of a~y installment when due, and such default conti~ues 30 days, then at the optan of the holder. and without any other notice, all the r~maining
~nstallments shall be dve aRd payable at axe. Privilege is yiven ro prepay this note in wFwl~ w in part af u?y time withoW pen+lty. Neither forebsarance.
nor xcepfance by the holder thereof aR~r a~ry dehult in aoY payme~b he~eo^. ahall bs deemed eztension. A(a1s psyment ch~rgs of shall be
.~dd~d io each installment remaining unpa~d 7 d+Ya ~fta its dw date, and e like wm shall be added to each ivch installment ramair?ug uop+~d 7 d+Ys aher
e~ch succeedirg paYme~t date.
Each maker, surety and endorser hereof, jointly and severally, waives dema~d, presentment protest and notice of protest for na~payment, and furthsr
y;rees to any extension of time of psymcnL either befwe o? after maturiry, without rrotice to any of us; ~nd to pay all costs of c~lleclan, includ~np a
re.~sonabk attwnay's fee in 1he event of any delault hereunder, and hereby severally waives all benefit of homestead and exemption under the coasfitWion
and faws of each State of the United States, as against this obligatio~ ot any extension u renewal hereof.
Witness the hand and seal of each parry
s/ Elsie M. Lanier. a ~W
sArried adult ls~?q
. tS~/?U
(5~?U
~ M S_ 4 S~ j State Revenue
~sarn~ ~ned,a+~nguarae~eT 10. 300.00
and the orm~nce of the
NOW, THEREFORE, the MORTGAGOR for tM purpose of sea?ring payme~t of said aum of s . P~
covenanb and sgreements Ix~einafter expreued, and for divers good and v+luabk con~ideratro~s, by thes~ ~esenls. does 9~ant, bar9ait?, sell, remise,
reiease, convey and confirm unto the MORTGAGEE, its succeuors ~nd assigns, all that certain bt, p'~eu u puoel of land, situatt, lying, and beirg in the
Cou~ty of S LuCle = ead Statt of Florids, d~wibed as follows:
Apartment 305, Building I, of ISLAND ti~[1SE C~iDa?tINUI~IS, PNASE I,
according to the L~eclaration of Condominium and all exhibits thezeto
dated May 23, 1973, recorded May 29, 19~3, in Official Records Book
214, Pages 1858-19:3~, of tne t~ubii~ ~~.~r~~ :,f LLC=° ~'^~!*~ty~ ~lorida,
together with all of its appurtenances according to said iaeclaration of
Condooiniu~a and all exhibits thereto and together ~?ith all tenements and
hereditanents thereto belonging or in anywise appertaining to said
apartments.
SUBJECT to the terms, covenants, agreements, obligations and provisions
~ of said Declaration of Condominiu~a and all exhibits thereto which the
~ ~iortgagor in all things cbes covenant to Hortgac~ee faithfully to observe
~ and perforn'. -
STATE ~F FLORIDA ~
~z DOCUMENTARY ~,STAMP TAX ~ .
c°-~ ~ DEP7. OF REVENUE ~ j• ~
N = P.B. ' MA11's'7~ ~ . . ~ ~ 5. 4 :7 ~ t ~D• ~ ~ _ IN PAYtADR OE 7AX~
~ = t~iot ~ ~JE 011 G/1SS ~C INTA?t~tBLE PE~tSONAL PROPERPf:
° Pt?RSUAMT TO Ct1AP'TER 71-134, 11CTS OF 1VL~,C~j
. R06ER POITRJIS
CIERK C{RWIT OOURT. ST. L!lC1f ~lA. v
~cgether with all and singular the tenements, hereditame~ts a~d appurtsnces therew~to belw~ging or in anywi~e +pPerq~~Kg N+e~~~• +^d al) r~nb, istues,
:~«eeds and profin accru~ng and to accrue from said {xemises, all of wii~ch are inttuded in the abo~v~ and fore9a^0 descr~Ptp^ ~d
TO HAVE AND TO HOtD the above described and granted premises unto the said MORTGAGEE, ib s~xtessors and +ssip^s forever. Md tl» said
?hORTGAGOR fw hgr------ ~~~s, e:ecutws, administrators and assigns, hereby covenanb with the said MORiGAGEE, iri succeswrs a+d asaip~a•
~~,ar ~g 15--- iawfully seized of the said premius in fee simplr, thst tha ssme ve frN, clesr and d'achu~ed from ~II liens and ~
c,~ances in law or in equ~ty, and that S~l@ will and heZ txin shall watrsnt and defsnd the title to tM s~m~ to tM s~id
:'.ORTGAGEE, iu successws and ass.ans, forevcr agsirut the tawful claims and demands of all penoro;
PROVIDED, AIWAYS tha~ if the MORTGAGOR shsll psy unto the N40RTGAGEE the promisswY here~^befae described and sh+~~ trv~Y. P~~M~Y
a~d fully perForm. d~xharge, execute, complete, comply with and abide by esch and every the stipulations. ~greemenri, conditaro and co+renH?b of s~id
. r,,-r ssory note and of thi~ Mortgage, then this Mwtgage and the Eatate hereby aested shsll cesst and be rwll +nd vord•
IT IS UNDERSTOOD thst the word "Mwtgagor" whether in the singvlar w plwal snywF~e in this MonysQe, shall be sugvlu if aa only snd
snal! be plural jointly and severally if rtwre than one, and that the wad "fhtir' ss u~ed snywhere in this Mort9sye sh~ll b! taken to mea~ '~his.•• •'h~?s••
c: ' its:' wherever the context so implies w admits. Also, that whereve? there is s refe~ence in the tovenanri ~rd syreemeots herein ca?fained to aml of ~C
;he psrties hereto, the same shall be construed to mean ss well as the hein, kysl r~esenistives, wccesson and auiyin (either voluntary by act of 1M O~
parries w involuntary by operatan of the taw) of the s~me and that the cove~snts herein contained shall bind and tM b~~efits ~nd advar?tay~s iew~ ~ w
~o ~he respective F~e~rs, kgal represenraNves, successws a~d ass'gns of the parties hereto-
And ssid Nlortgagors, for themselves snd their hein, (egal rep.euntatives, successws a~d +siiy^s, hereby jointly and stverally coven~nt and ~prse "
~o and with the ssid MORTGAGEE, its successon end augns:
1. To pay sll st+d sinpulsr the principal and interest and the various and sundry swns of moneY P+Yable by virtue of ssid promiiwry note, and this ~
mortgsge, esch snd every, p?ornptly on the days respedively the same ser~nlly become d~re.
2. To psy all snd s~rgular tF~e axes. assesunents, tevies, liabilir'~ss, obligatans and encwnb~anc~s of ~very ~+tu?e and kind now on a+id dew~d
property, a that hereaher may be imposed, wffe~ed. Placed, levi~d, or assessed tlxreon, a tlwt here~ftN may be kvied a assessad ~rpon thit Morq' ~
age, a tF~e indebtedness sewred hereby, esch and every, when due ~nd p~y+bk. ~ocwdirg ro law, befw~ thty become delinquent. ~nd before any iMaest
atraches o~ arty penalty is incvrred; ANO INSOfAR AS ANY THEREOf IS Of RKORO THE SAME SHALL 6E PROMPTIY SATISFIED AN~ DISCHARGEO OF
RECORO AND THE ORIGtNAI OFfIC1Al DOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICtAIIY ENDORSEO
OR CERTIFIED) SHAtI BE PlACEO IN THE HANDS OF SAtD MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; u~d in the event th~t sny thereof it no1
pa~d, sst'sfied snd dixharged sa:d MORTGAGEE may at any t~me pay ti+e same or any pan thereof without wsiviny w affectirg sny optan, lien, eqvity ot
•~qh~ under o~ by v~r~ve of rhis mongage ~~d the (ull amount of esch and every such p+ymenl shsll b4 immediately due and payable and shall besr interest
~ro^~ rhe da+e }~c~eof vrr~i c:a d a~ ~ate of ~ine per tentum per annum snd togdher wAh such intetest sFull be setured by iF~e lien of th's mcrgtage.
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