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HomeMy WebLinkAbout1349 , - _ - ~ . # ~ . . ~8~159 ; ~ f 1 f ' ~ ww : THIS INOFNTURE. 1M+d~ tlk 4th day of June A.D. 19 74 betw~en ~ ~ Allar G. OraA an S. am,• is wifz . of $t . WCie , Counly Florids, hereinaftcr desg~+ted as the "MORiGAG~R.:~ FIRST FEDFRAI SAVINGS AND IOAN nS50C.1AT10N OF FORT PIERCE. • corporation or9+ni:~d a~d existinp_undN 1he lews of tM United Sata of Am~rica and haviny its pri~cipal plau of b„s,ness in tM City of Fort P~u, St, tvcie Covnty. fiorida, herainafter desiyn~ted as ths "MORTGAGEE:' 2 and lawful nwney of the Unifed 1 WHEREAS the MORTGAGOR is jusNy indcbted to ihe MORTGAGEE in tM ium of i ~ 9°Od ;,+nres advanced by tAe h10RiGAGEE unto tFee MORTGAGOR, as evidenced by a ce~~ain promiuory ~ote of even date herew~th, of wh;ch the follow3np in ..o,ds and figwes ~s a trus copy, to-wit: ~ 1_0020915 = 19,200.00 Fort Pierce. Flaida, '~ne 4' ---1974 for vatue rec~ived, 1, we or either of us, pramise to pay, without defalcali~in~ ro the o~der of FiRST FEDERAI SAVINGS AND tOAN ASSOC~ATION Of ; 19 f 2~• 00 _ with in:rrest (rorn date at Ihe rate of9! 75 ro pN annum, in m~nthly i~slalb ; PtERCE a1 Fort Pierce, Flwida, the sum of 5------ -e.TS as io~!ows: S 183.~0 2~th day of JV~---. 19-?4and a like sum on the cwrespondlag day of esch month there- r••er until the whole be fully paid. . Each installment fint shall ba spplird in payment oi the interest and tl~en on the unpa;d tsalance of the principa) wm. If default is madt in the i ne~t of any irtsrallment when due, and such d~:faull continues 30 days, then st the opt~on of the hulder, and without any other notice, all the remeining ~:s~at:mtnts shail be due and payabie at once. Privilege ia givan to prepaY this oote in whole w in part at any time without penalty. Neither faebeat~nce, ~o• acceptance by the holder thereof after any default i~ any payments herron, shall be deamed extension. A late payment chatge of s 9• 15 s~~~ ~ •;;ied ro eath instatlment remai~ing unpaid 7 days after ib due date, ar~d a like wm shall Fx added to each such instaUment remaining unpaid 7 days aftK ~ach succceding pa~rment date. Each +~wker, surery and endo~ser her•~f, jaintty and severally, waives clrmand, presentment protest and notice of proteat for nonpaYme^t, snd further ~:~r_~s to any eatensan of r.me of paymcnt, eithrr befoce or aiter maturity, wiN~out not~ce to any of us; and to pay all costs o( collection, including ~ • sonable attwney's fee in the event of any default hereunder, and hereby severatly waives al~ be~eiit of homestead and exemption vnder the consiituf'an _:'a-w/s of each State of tF~e Un;ted States, as ag~inst this obi.gation or any extens~on or ~enewal hereof. W~tness the hand u+d seal of each pa~ry. cs~?u /s/ Allan G. Oram ~at) ~ fsE~?U s Ann S. Or am ~qU ~2g • 8O 1 State Revcnue ~'?Fi ~ 19 200 00 NOW, TNEREFORE, ~he MORTGAGOR fw the ~urpoee of secvrin~ payment of sa~d sum of S_ ~ • and the perfamance of tM covenants and sg~een+enb hereinafter expreued, ar+d fw diver• good artd valuabie cw~s~der~tions, by these p?esents, doe~ grant, bargain, aell, remise, _~:ease, convey ar+d co~i~rm unlo the MORTGAGEE, +IS succrswrs and assigns, ali t1~at certain bt, piece or psice~ of land, situate, lying, and being in 1he Covnty of St . LL1C1@ and State of fbrids, dexr,bed as fo~low~: l.at 16, Block 23, LAKBM100D PARK, UNIT NO. 3, as per plat thezeof on file in Plat Book 10~ pages 63 and 64 of the public records of St. Lucie County, Florida ~ i k ~ > , STAT ~F FLORlD~ 1 s ~ DOCUMENTtlRY~°::~STAMP Tt,~: ~ ~ y~ ~EPT_ GF REYENIIE ?a'' ~ ~ ~ ~ " _ _ ~ t~. ~ 2 8. 8 0 „ - ~.e. ~ ' ' 1 Truc~ ~ ~t:o2 F G~ PAYN~EIR ~ ~ ° ~ ~ 'C {NTA~+IBL.E PE~tL~I PRO?ERn~ p~lE pN q1lss s oF 1~~ i. ~ p1)R~MNi ~ ~~T pORRl~~ ~ ~ ~ CIRa1It ST. UICtE ~ • 5ether with all and singu~ar the tenements, hereditsmenri +~d apPurtances thereunto belonging o~ in +nywise ~PPeN+~~i^9 theteto, and +U rents, iuuas, a: «eeda and profits ucruing and to accrue from said premises, all of whicF~ are included in the above and foreQoirg desoiption and F?~bendum. TO HAVE AND TO HOIp the above described and gnnted premises unro the said MORTGAGEE, its suctessors and suigns fwever. And tM s+id their ~;~s, executws, administrators and assigns, hereby covenanls with the said MORTGAGEE, its successors and auipns. ,t,,RTGAGOR for they are .~j, - - lawfuily se~:ed of the said p?erniaes i^ fce iimple; that the s~me are free, ckar ~nd dixMrged from sll liens Mcvrr~ t-znces in Esw w in equ~ty, and that t hey w~~~ t he i r heirs shall warrant snd defend the title to tM sam~ to tM said i„ .+ORIGAGEE, its svccesson and auigr?t, fwever against the lawful claims and dema~s o+ persa?s; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the p~omisswY no~e herei^before dewlbed ~nd sf»~~ m+~Y• P~~Rt~Y .-d `vily pcrform, d+xh~rge, e:ecute, compkte, comPly wiah~andesEat~ te he ebh cr ~t shallecesse ~rnd be nutt andts~~ itions and ooven~nri of said ; _•o~~ssory note and o( this Nbrtgage, then this Mortgage Y IT l5 UNDERSTOOD tha~ the wwd "Mwtgsgor' whrthe? in 1he singular a plural snywhere in this Mwt9sge, shall be sinyular if as~ o~~y e++d s~a'I be piv~+l jointly and sevcrally if more tR+n one, s~ that the wwd "thei~° ~s used +nywhere io tF?is Mwt9age thsl) be bken fo mesn "his:' "hen,•• _•;ts,•• whereve~ the conrext so implies w admtts. Also, that wherever there is s reference in the covenanb ~nd aQreements herein cont~ined to ~ny of ~ +he parties hereto, the ssrne shall be consrrued to mean as well as the heirs, tegsl representativei, s~ccesson and suip~s (either voluntuy by ~cf of the , -arf~es or involw+tary by operation of the Isw) of the same snd thst the covenants herein conbined shall bind end the benefits and sdvaMages irwre : _ the respeceive hein, kgal representatives, successors atsd ass'9r~s of the perties hereto. ~ /usd said µortgsgors, for themselves snd their hein, teysl representstives, s~?cusswt ~nd assgro, hereby jointly a~d sevenlly twenaM a~d +qr~e •o ar,d with ths sa7d MOftTGAGEE, in successors ~nd ass'igns: 1. To pay all and sirqvlar the principal and imerest and the variovs and sundry wms of monty payablt by virtue of said promissory ~ote. ~nd thia ~-o.tgaye, esch +nd every. P~o~+P~ly on the days respectively fhe same severally become dve. 2. To pay +11 ~nd singvlu tF+e ta:d, assesunen», levin, liabilities, obligations and encumbiantes of every n~fure ud kind now on s+~d dauib~d erc,perty, or that hereaha msy be ia+posed• svffered. Placed, levied, w+ssessed the~eon, a that hereafter may be levied a auessed upon this MoA¢ ~ge, o~ the indebtedixu secured hereby each and every, when due •r,d psyable, acco.ding ro I~w, before they become delinq~eM, ~nd befon any inta~st 3•~eches w any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1ED AND D~SCHARGE~ OF t~CORO AIJD THE ORIGIhAI OFFICIAL DOCUMENi (SI;CH A5, FOR INSTANCE, iHE 1AX RECEIPT OR THE SATISFACTION PMER OFFICIAIIY ENDORSED v'~' C~ CERTIFlED) SHAII BE PLACEO IN THE HANOS OF SAt~ MORTGAGEE WITNIN TEN DAYS NE%T AFTER PAYMENT; and in the event that any thereof is not ;,.~;d, sat'sfied a~d dischuged sa:d MORTGAGEE rnay at any time p+Y the same o~ any part tFxreof without w~iving or affecting any optan. IiM, equily e? ~~~hf ~r+der w by virtue of this mortgage and the full amo~nt of esch ~nd every tvch paymeM shsll be immediately due and p+yabk +r+d shall besr i~terdt ~~em rhe da~e fhe~eo~ ~n+~I pa d a! rate of n]ne per cemum per annum aod toge?her wifh such interest shall be secured by the ~ien of th's morgrage _ , _ - - - - _ , , , : _ _ _ _ _ .