HomeMy WebLinkAbout2708 +~rva~"~ ~
~
. _ `t ~ r
_ V~~ .
THIS INpENTURE, AA~d~ the 9th day oi M8V - A.D. 19~~ benrveen
of St .~+uC i@ Cow~ty Florisl~, herei~afte? deiig~srcd as ihe "MORTGAG~. y a FIRSt~ F~D~itAl' Sf? INGS AND IOAN
ASSOCIATION OF fORT PIERCE. a corpaation w9anized and existin~ ue+de~ ihe laws of the United Stat~T. b~ ~K+' a^d h+ving• iq principal pbu of
busin~u in ths Ciry of Fort Pi~rce, St. lucie Counry, Florid~, hereinafter de~iyn+ted as the "MORTGAGEE:' ,
WHEREAS the MORTGAGOR i~ 'rys11y indebted to the MORTGAGEE in the sum of S24 7~' ~ ~^d ~~Wf~[ mor+eY of the United
STate~ advancrd by the MORTGAGEE unto the MORTGAGOR, as evidenced by a:ena~n prom~uwy note o1 even date )?a~ewith, of which the tollowiny in
words and fy~res is a i~va topy, io-,n+i: ~ 1~2~$bb
324.700.00
Fo~t Picru. Florids, ~y 9• ' 1974
fw value received, 1, we or either of ~s, prom~se fo pay, without defalcation, ~o the order o( FIRST FEDEQAL SAVINGS AND LOAN ASSOC~ATION Of
FORT PIERCE at fort Pirrce, Florida, the sum of S-?~~~~~~ w~th in~erest from date at Ihe rate of 8•7~ per ann~m, in monlhly install-
~~,~n~s as fol:ows: S2O4•~ on the 2OL~1day of A~u~---. 19-~and a like sum on ths corresponding day of each month therr
airer wvil the whoSe be fully pa~d.
Each installmant f~rst shall be app!~ed in paY~~ent of the interest and ~hen on ~he unpaid balance of the p~~~c~pal sum. If default is msda in 1he
F•ayment of aoy ins~allmeN when dve, aod such default cominues 30 days, theo at the optan of the hclder, and without any other notice, all the remaining
~nstallments shall be d~e and payabie at once. Privilege is givee to prepay this note in whole w in p~rt et aey time willwvt penahll• N~~~~
nor acceptance by the holder thereof after any defaulf in any paymen~s hereon, ihall be deemed extension. A late payo+e~t charge of S~-a~Q s1+s~) be
.~a i_d ro each ins~allrnent remaini~g unpa~d 7 days after its due dste, and a like sum shall be added to each such ios~allment rernaining unpiid 7 days sher
eacn succeeding paymeot date.
Each maker, surety and endcrser hereoi, jointly and severelly, waives demand, presentment protest and notite of ptotest fo~ nonpayn?en~. and itxther
,~rees ta any extension of hme of payment, e;~ner before or after maturiry, without not~ce to any of us; and to pay all eoats of tolleaial, includiog ~
~-.~sonable attorney's fee ~n the evem of any dafa~lt hercunder, and hereby seve~ally waivea all bene(it of tamestead and axempnao ueder the constitufion
a~~d lavn of each Srate of the United States, as aga~nst this obligation a any extension or reoewal hereof.
Witness the hand and seal of each party.
(5~/?U
o n . ryson ~U
cs~?u
. csE~w
~ __~'7 -A5 ) $tatc Revenue O~/C6 . =ySOfl
NOW, THEREfORE, the MORTGAGOR fa the purpose of sec~ring payment of said sum of s 24_700.~Q ~nd the performance of the
covenants and agreements hereinafter eapressed, a~d fw divers good and vsluab~e considerations, by thess p?esentt, does grant, bargain, ull, remise,
r~~lease, convey and tonlirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piete ot partel of land, situate, lying, and beiny in fhs
County of St . Luc ie , snd State of florida, dexribed a~ fdlow~:
The South 33.3' of 4ot 32 and all of Lot 31, Block 46,
SAN Li~IE PLAZA, UNIT l, as per plat thereof on file in
plat Book 5, page 57, public records of St. Lucie County,
Florida
~ ~~6 .
I ,Lo
I `'f? Qt~y~~~ •`.Q ,rl~•
! `N
~ q '~,~`t~~S FJ~
~e
~ . . . ~~t~~ti~,~~.s r3~.cA
WI/~
~ a ~ STATE ~F FLORI[JA ~ ~'o~'`~~°~'~c~'~~
GZ o OOCUMENTARY~: ~:STpMP_ TAX ~ ~~1~ `~~0
= DE?T. UF REYEHUE :s' ~ - ~
~r ~ • '
-~C - =~urz~•i~ s•- ~ 3 7. 0 5
~ N Ae. ~ I
Q - f i~ot
~
*~gether with sll and singu~ar the tenements, herediament~ and appurta~ces thereun?o belot~ging ar in ~nywise sppertaining fherefo. ~nd all ~ents, issves,
c~cceeds and profits accruing and ro accrue from said p~emises, all of which are included in 1he +bove ~nd fore9oing dexriPtan and hsbendum• {
TO HAVE AND TO HQLD the above described and granted prem~ses unto the said MORTGAGEE, its suctessors +nd ~uiy^s fo?evK• A^d the Hb ;
their '
':,ORTGA R for ~~~s, executws, administratws and assigns, hereby covenanb with the uid MORTGAGEE, its sutteswn ~nd asaipns•
t~iey are
~hat lawfully se~zed of the said premises in fee simple; tFut the same +re free, clear and disch~rged from all liem ~nd anturM
r ra~ces in law or in equity, ar+d that t hey will and the i r hein sh+ll wsrrant ~nd defend the titb to the same fo tM saW
~ 'AORTGAGEE, its successors and assigns, forever against the law~ul claims and demands of all persons;
PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promisswY note hereinbefwe descr~,'~ ~~~~Mnn f^Nid
;~d f~lly pe?form, d~xhage, e~cecute, complete, canp~Y with and abide by each and evcry the atipulaYwro, ag eeme~
ro:nissory note and of this Mortgage, then this Mortgage ~nd the Estate hereby ueated sha!1 cease snd be nu~l and void.
IT IS UNDERSTOOD that the word "Mortgagor" whethe? in the singular or plwal anywhete in this Mortgsge, shall be sirgulu if one only and ~
s!~atl be plursl jointly snd severally if more than one, and that the word "their" as u~ed snywhere in tfiis Mortgsge sMll be tskea to ms~n "his:' "ht?s:
~
cr "its," wherever the conteat so implies w admits. Also, that wherevN there is ~ refrer+ce i~ the cove~ants and ~yreements he?ein contained to ~ny of
!he parties hereto, the ssme shall be construed to mean ss well as the heirs, kgal representativd, successon and assigns (eilher voluroary by acf of tM ~
pa~ties w involuntary by operation of the law) of the ssme snd that the covenants herein contained shall bind snd the benefits snd ~dvanta~es irwr~ W
fo the respedive heirs, kgal represematives, successors and ass'gns of the parties hereto. ~
And said Mwtgsgors. fa themselves and their heirs, legal representatives, sucusson snd auiyns, hereby jointly and severally covenant ~nd ayree ~
ro and witF~ the said MORTGAGEE, its succasors and euigm:
1. To pay atl ~nd singulsr the principal and interest snd the variovs ~nd su~dry sums of money psysble by virtue of ssid promissory note, and this ~
morrgage, each and every, promPtly o~ the days rapectively the same xverally becwn~ due. b~~
2. To pay +II ~nd singvlar the ta:es, sssessmenn, levies, liabilities, oblgstions and enaxnb?snus of ~very n+h?re a~d k'u~d now on s~~d desuibed Gc
oroperty, o~ that heresfier msy be impoxd, suffered, plxed, levied, or assessed thena+. w th+t heroafter may b~ levied w useatad ~pon this Ma~tp' ~
age, a the indebledneu secured hereby, exA and every, when dve and payable, accordii+g ro law, befw~ they become delinquent. ~nd before any inter~st
arraches w any penalty is intur?ed; ANO INSOFAR AS ANY THEREOF IS OF RECOR~ THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGED OF
RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACYION PMER OfFICIAIIY ENDORSED
OR CERiIfIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tF~e event thst any tF~e?eof is ne1
paid, sat"sfied and diuharged sa:d MORTGAGEE may at any time pay the same w a~y part thereof withovt w~iving or affectiny any option, IiM, equi~y o?
•+~h~ under or by v~r~ue oi this mortqsge and the iull amovnt of each and every such payrtxnt shall be immediately due and paysble and shall besr interes~
~roT. rhe da?e +~cr?^~ u~1~~ ca d a+ rate of nine per centum per annum snd togelF~er w~th such interest shall be secured by the lien of th's ~+crgtage.
~ -
- ~ ~ ~ ~ ~ 4~ ~ ~ - ~ - - ~ - -
~ ~r~ ~ ~
.~~.~~r , ,