HomeMy WebLinkAbout0727 . .
255884
TNIS INOENTURE. A1ada the_ lit Y day of `~ul~-----_ - AD. 19 7~ bea?aa+
` Richard J. Siplin~, ~`r. aAd Bl~as~ Siplin~ hi~ wife
uf _ $t. C1Q t~~M F;a;d~, ~rr~na{~t~ dcs~qn~~rJ as ihs "MGRiGAGOR;' and FIRS! fEDfRAI SAYINGS AND t0~1N
~SSOCIATION OF FORT PIERCE, a corpo~+~~a? aWM+~d ~^d ax~»"`9 W'~' ~F'° ~a~ws ot ths Unfted Staty of Ame~~u and having in p+~nc~;.al plau of
t.,s~ness in iM City of fort Piaca, St. lucia Co.,my. ilorid+• here'naiter dce~grtated as the `MORiGAGEE:'
12 r3~.~0 and lawful monty of the U~~:ted
WHEREAS tha MORTGAGOR is j~~try indabted to tM MORiGAGEE in ttic sum o( ~ 9`~Od .
r:res advanced by thr AIJRiGAGEE un~o thr MORiGAGQR,'as rv~drncrd by a cer~a~n Hrom~aswy no~~ of evrn data Fxrew~~h, of wh:ch the follow~ny in
_ cis and f~y~ros is .t t~x to~ to-wi~_
12.500.00 _ No_lfl9$.~6.5_
s for? Pierce. Flwida. _'~uly .1 --~q 74
for va!•.:e received, 1, .~c or tithrr ol vs. Fromisr ro pay, rdthout dtia'iat•on, to t`:c ordrr oi FIRST FEDEAAI SAVItiGS AND LOPN ASL~7CIATION OF
T PIERCE at Fc.:t P~rrca, flcrida, thr v.,n o! S- 12_l5~0.~~ _"T`, ~';t<:rs~ frwn da~e at the rate oi 9!7~ p~r anncm, +n monthly inalall-
as i:.;'o.,s= S 119 ~QQ _ on thr z~h - day of _ AuQy~-t--- a^d a like sum on the correspond~ng dsy of e.t~h month there-
unti~ H:r wl.o:e tx t„ity pa.d.
Each ~nsutime~t f~nl sha!t tx a~:pf~ed in payment of the imtrest and ~^en a~ the unca:d balance of the pri•x~pal surr+. If d=lautt is made in the
,.••_nt of a~~y ~~isia:in,cnt ahen d~e, a~~d s~:h defa~it mntmues 30 ders. ~hrn at i'r~r op~~o~ ot tlK ho•.der, and withwt any other not~ce, all the remain"ug
.,.:,nen~s shail kn: d.,e ac:d ~yab:e at onte. P:iv~t~ye ~s g:.rn ro prepay this notc whole or in part_ at any nme without penaNy. Neilher {orebearuxe,
,cceptance bv the ~p~dx ~hr~rof a.`ter any d.:faulr in any F~ay~r.e+~ts 1,erron, sfi.it !~e d_~rmrd eytens~on. A la!e peymem chsrge of S-5•95_. y~~~~ ~
.-i t~ rxh ~~ista~i~n~nt iemainhig unpa:d 7 ~ays aite~ its due date, and ~ hkr w~n af~~!I t~ addtc! to eacb svth instal~meM ~emameng unpaid 7 days a(ter
, su<crcd~nq payment d~te.
Ea~h ma~er, wr~ry and e:.~k:rse- hereof, ~a~nf:y a~:d srvcrapy, wa~res ~e~nar.A, prestr.!meni p~o+est and not~cr of protest {or n~npaymeM, and furt~
s to any exrrns~un oi nme o! p~yn:r~~t, ~:!i,c~ ~~:c,e or aftrr n~aturdy, w+lhout n~txe to any of ~s; and to pay atl tasts of col~rction. incl++d~ng •
sbte atto•~~a~'s fer ~n the e~em of any pesei~~t hereundar, and hereby sr.e•~1:y .varves all benEfit of homestead and eaamption undrr the constitWioo
.,::s o! cach Stat~• ot ~he Un.ttd Stat~;, as ey~: ,a+ t~~s otl.9at.on or any e.~ri:von or rentv.al herecf.
N~fness rhr hand a~.d seat oF ea.h per'v. . ~
(SEAI)
s Richard J. Siplin, Jr. ~AU
~ cs~?u
s ease ip in ~
Si8 • 75 S~a~r Revenue -
NON. THEREFv^RE, the rJIORTvtiGOR jor the ~:.,rpose of :ecu+ing paymrn! of sa~d SJT of S 12 Q~- ~^d ttx p~riormance of the
^_+~rs and agree^mr.ts he~e~nifrer exp~e:sed, a^d for d~vr~. gxd and va~uab:t ::~s:drratio~s, by theie prosents, does grant, bargain, setl, rem~se,
__se, convey and cu~s~rm uato the MORiGAGEE. its auccessors and ass~g~s, afi that cer~a~n lof, piece o~ pucel of land, situate, lying, and being in tAe
.;,nry of __.,___St. WCle and State of fior~ds, descr:txd ss follows_
Lot 2 and the East 5 feet of vacated alley adjoining the west side of
Lot 2, Block 3, of TUSKEGBE PARK SUBDIVISIo1V~ as per plat thezeof on
file in Plat Book 8, at page 74, of the public records of St. Lucie
County, Flosida -
I
{ _ .
~ -
~ o
I STAT~ FLO~1C~~. !
,,z GC~_UM~E~l7ARlf.-- _:~STI~MP it.>~ I
~ c-~ `r UE~1. t,: F:cYENUE =yj~T`~~: ~ - - i ~~flV~ '
~ aD _ ' :+~1'~r~
?t s; ~ ~ ' C r
_ ;:R ~:;:-3~1tl~~C~~l~ ~ f 8. 7 5 ! 1C ~M P~YlItE~~J OF T~
~ R, - 3~ _y - ~ T
O 71_j~~~.~ i~ : ~Fk~~
- ~ER1[ ~IRCUR ~ AOA~AClS .,i~~~.c
~
•,•her w~th all and singuiar the tenements, hered+taments and appurtances thereunto belxging or in s~ywise aPPertaining thereto, ~!+d sll rents, issves,
.-ccds and prcfits accru~ng an•_+ to accrue tram said p~emises, all of whJ,h are uxluded in the abw~e and foregarg desuipYwn and hsbendum-
TO HAVE AND 70, HOtO thr a5ove described and granted prem;xs unto the said MORTGAGEE, its suctessws +nd sssi9ns fueve?. And ths said
Lh@1Z _ he~n, e,eecutors, adminisvarors and ass~gns, :~ereby corena~ts wifh the ssid MORTGAGEE, its succeasws and assigos, ;
. GAGOR for
,_j; _ thel?_are_ ~a.~,t,,,iY se~zed of the sa~d pre~n~ses in fee si-r.ple; that the ssme are free, deu and disch+rgcd irom a~~ ~itns end encw~' ~
.^c~s in law o~ in equity, a~d that th~-_ w~ll and Lh@1L _ Fmin shall warnnt u+ddeiend the tiNe to the same to the said
~~iGtiGEE, its s~ccessors and ass~gns, fo~ever agai~st the fawful claims and demands of all persons; ~
PROVIDED, AlWAYS that if the MORiGAGOR shall psy u~so the Ma7RTGAGEE the p~anissory note hereinbefore described and shsll truly, promptly
; c,,:'y Ferform, d~scharge. eaec~te, comp!ete, !wnp~y w~~h ar.d abide by each and every the sr~pu~ations, agreements, cond~~iw~s and covenants of ssid
~ -.ssory note and of th]s Mor.3age. tRen this Mertgage and thc Estate he~eby created shal! cease and be null and w+d- ~
~ IT IS UNDERSTOOD that ttu word '"Nortgagw" whether in the singular w plural snywhere in Ihis Mwtgage, shsll be si~gule~ if one only and
' be plural joir.tly ar.d xverai:y if rc:ore than o~e, and that the word "their" ac used anywixre in this Mortgsge shall be taken to mesn "his;' "hers," od
~ Y,ha.a,.Pr rhe con:ext so in,~;ies or admits. A~so, !hat wherever there is a reference in the covenantt and sgreert+eMS herein tontained to sny of :
• ~ pa+t~es hereto, the wme shall Fx construed to m.ean as well at the heirs, legal representatives, successws arni ass:y~.t ~e:
`.zt .a:~ :ta.y ~y tt'! ~f !!r :
es or ~n~oluntary by opera+:on of ihe lawl of the ssme a~d fhat ~he covenams herein contained sh+~~ b~nd +nd the b~^e~'~s +"d +dvantages invr~ ~
- ; r~ e resp.-ctive he~rs, legal representatives, successo~s and asrgns of the pa~ties hereto.
And said Mortgagors, for themselves a~d their heirs, legal reFrese~t~tives, successon and assigro, hereby jointly and severally covenant and agree
a~d with the said MORTGAGEE, irs successors and assigns: ~
1_ To pay aIl and singular thc pr~ncip+~ and ~nterest and the var~ous and sundry sums of money p+yable by virtue of said promisswy rwte, and this
~•fgage, each and every, p~ompt~Y on the days respect~vely the same uverally hecome dve.
2. To pay all tnd s~ngvtar the ta~es, asscss.ments, ievies, liab~litie~, ohlgar'wns and encwnbr+nces of every nature snd kiod raw o~ w~d descr~bed
c~ope.ty, o~ that hereafter may be imposed, svftered, pla:ed, levied, w assessed thereon, w that haeafter may be levied or essessed upon tha Mort9-
+:3e, w the ;ndebtedness secured hereby, esch and every, when due and psysble, sccwding ?o Isw, befwe ti+ey become de~~nquen~. s~d befort any interdt
-.;~~es or any penalt~ is incurred; AND INSOFAR AS ANY THFREOF t5 OF RKORU THE SAME SHAII SE PROMYTIY SAfISFIk~ AND DISCHARGEG OF
•:_GQD Ak0 TNE ORIGINA[ OFFICIAI DOCUMENT (SU~N A5, FOR INSiANCF, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED
~ER~IFIEU) SHAII BE PLACED IN THE HANDS OF SAI~J MORTGAGEE WITHIN TEN DAYS N"cXi AF1ER PAYMENT; and ~n the event that any thereof is rat
> d. sat sfied and d~xharqed sa d I1.ORTGAGEE may a! any t~me pay the same a any pan threof without wsivirg or affecting ~ny option, lien, eqvity or
. yF.• i;~.d~• or by •+~~t~~e of th~s mo•rgage and the fuli amount of each and every s:xh payment shali be ~m+ned~ately due and payab~e and shall beai inte~es+
. . of n~ne per cenr~m per annvm a~d tooe+her wnh svch ~~te~est ahall be secured by the lien of r~. s-- _ ~•age
- - - - - - ~ ~ -
r,~,,, -~~i,y, o:'~ ' c 'v.~*°': ~ .
} 5.e~-~' ~ : z a~~ - ,
~ ~ ~ ' .u .
R,~,".~ .x A ~
„ . _