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HomeMy WebLinkAbout2943 \ i , ~ 2~'7~93 ' iH15 INOFNTURE, JWd~ tFK i8th day o1 `JulY - A.D. 19T.~.~ b~hween Michael R. PrevetteLa sin4le adult ?a,~d Aldeline K Prevette a sinal~ ~dult , of $t• ~'uCi6 ~ County Florids, Mreinafta dei:g~ateil ai the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN ~ ASSOCIAiION OF FORT PIERCE, • oorpora~~on or~aniied and exiui~y w+de~ thA laws oi tM United Stat~i of Art~erica and havirg its principal plac~ of bui~ness in th~ City of Fat PiKCe. lucie County, flwida. hereinaher des~gnated as ~M "MORTGAGEE:' WHERFAS ~M MORiGAGOR is juttly indtbt~d to the MORiGAGEE in the sum of ~28 ~ good +nd ~a~vful money oi the Unittd S! ~res adYanced by rhe ;AORTGAGEE unto the MORiGAGOR, +s ev~dcnccd by a certa~n promiuwy noro of even date herew:th, of wF.~tl+ the folbwiny in t ..ords and figwes is a uue copy, to-wit: s 28 . ~ ~ 1 O 2_0094 foat Pierce. Flwida. Juiy i8 19 74 For val~e received, 1, we or eithe~ of us, p~om~se fo pay, wi~F+out defalca~~~+, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOClAT10N OF :RT PIERCE at Fort Pirrcr, Fior~da, tFu sum of S--zg~--~~~OO ~'~~f~ 4OSrrr3t lrom date at ~he rate oi 9~ 5% per annum, in monthly instaU• -~ns aa io!:ows: S-2~~QQ-- on ~he -2-QL~1 day of _ A~r~at 19_~_ and + like sum on the cwrespond~np day of each month therr ~ntii ~ik wiwir Gr f~::y ~,o:d. Each ~ns+allment (~rst ahall be app!ied in pay:nent of fhe interest snd ~hr~ on tha unpaid balance of the pri~upa~ sum. If default is made in the ~~rnt oF any inste;lment v„hen due, and su:h defau!t continues 3~J days,, then a1 the optan of the holder, anJ without sny other notice, all the ren+a~n~~g ~ ~,~~!~~nen~s i~ai! be due and payabk at once. Privilepe ia givzn to p~epay this note in whole u in put at ~ny tima w~thout p~nilty. tVei2 25ebe+?+nce. attepance by the ho:der thrr.of aftrr any de(ault in any payn,ents hereon, shall be deemed extension. A late payme~t chuge of t bhat) be d so each insrallment remain~ng unpa.d 7 days after its due date, a~d a t~ke s~m shall kx added to each such installmenl remaining unpaid 7 da~s after i,,cceed:ng Peyme~i darr. Each maker, surcty dnd e~aser hereof, ~o~ntly and seveuliy, waives demand. presentmenr protes~ and notice of protest for nonpayment, m+d funher ,-.~_i to any extenuon of i~me of paymero, e~~~cr be~ore w after marur~ty, vr~fho~~ nouce to any of us; and to pay aU co:h of collrct~on, includ~ng a o:~abk a»orney's fee m the event of any c+rfautt hereunder, and Fxveby severaily waives all be~efit of homestead and exemptio~ under the tonstitution , d..~ws of each Sr~:e of rhe Un,ted Stasrs, as aya:nst this obligation or any eatension or ~enew+l hereof- Wimess the hsnd and seal of each part•r. s/Michael R. Pzevette, a single ac~~ cs~?u s/Ad~line K Prevette, a nale aci~~4 - (s~u1 $42 • 0O ) State Revcnue S r ~wp~ <~rweN~d•ew~w~i.~si. wo~e) NOiN, THEREFORE, "~he MORTGAGOR for thc purpose of secvriry payment of sa~d sum of = 28 ~~0~ ~ and the pe+fom++nce of tM co:enanb and agreements F?ere~nafter expresscd. and fu divers good and vatuable constderations, by these presents, does g~aM, ba.gain. sell, rcm]se, _.e::se, convey ancLi ~f'jLuCl@~ N10RTGAGEE, ~ts successors and ~ssgns, all that certain lot, piece or parcel of (and, situate, lying, and beinp in the :.o;:nry of S and State of fiorida, described as tollows: Lot 6, Block 2, ORANGB BIAS90M BSTA?BS - S6~GONQ ADDITION, as per plat thereof on file in Plat Book 14, page 2, Public Records of St. Lucie County, Florida; ; ~ STAT~ oF F~O R! C~~ DO UMEN~ARY-Y= :-.;.,STAMP '_l~_): ~ c= s?f~T. ~F 'rEVENUE a:~ }'=i . ~ ?c _ _ i. iF= ! t; i.:. 4 2. 0 0 1 N = na.- - - ,a-, ~ _ - IN PAY!~!fNT OF iME3 RECEIVED c~ DUE ON CIASS'C INTJWGIBLE FE•'=.u':~l PROPERTY~ . pUpSUANT 70 ~ER 71-134. ACiS Of 191L p~ YOCER PORRAS CkE1~R qRWiT OOURT. Sf. IUCIE C0. Flq~ s s , ~~•her w~th ail and singular the tenemems, hereditaments snd sppurunces thereunto belonging w in ~nywise apperfa~ning therdo, and dl rents, issu~s, c:~eds and prof~n accrui~g and to accrue from said premius, all of which sre included in the above ~nd foregoing desc?iptian and habendum. TO HAYE AND TO HOLD the abave descr~bed and granted prem~srs unto tFu said MORTGAG~E, ib svtcesson and ~uiyns fwevN. Md iht said ..~R?GAGOR fw - t- hgl-~------ ~~rs, eaecutors, administntors and ~ssigns, hereby covenanfs with the said MORTGAGEE, its wccessas and ~ssi~ro, '~,r ~1~--~~-- la~vfully se~zed of the said premises io fee simple; thst the same are iree, tku ~nd d'ncfisrged from ~II liens +nd encurt~ _•>-.ces in law o~ in equ~ty, and that thev w;ll and their heirs sFmll warraM and defeod the tiHe to the sarr?~ to the said ^RiGAGEE, its successors and auigns, iwever againsf the lawful daims and demands of all persons; ~ PROYIDED, ALWAYS that if the titORTGAGOR shall pay unto tFro MORTGAGEE the p~ornissory rwte hereinbefore described and shall twly, prompt~ai ~ ~~~lv perfwm. d~uharge, e:ecute. complete. comply with end ab~de by each ~nd every the stipulstions, agreements, conditions snd covtnanfs o sa' ~ _ r:sawy note and of thia M-ortgage, then thts Mortgage and the Estate hereby ueated shsll cease and be nvll and void- IT IS UNDERST70D thar the word "Morrgagoi ' whether in the singulsr « plural ~nywhere in this Mortgage. sFull be sin9ulu if one only u?d s~a': ix plural jointly and se~erally if more :han one, a~d thar the word "theii' ss used anywhere in this Mwtgsys shall be tsken to mesn "ha;• •'he~s,'. ~ :rs," wherever the context so implies o? adrn~ts. Also, that wherever there is s reference in +he coven~nn +nd agreemenrs here~^ co~u~„ed te +~Y of ,e parties he.eto, the same shall be const?ued to mea~ as well as the hein, kgsl represenbtives, svuessors and assi9ro (either vd~ntary by ~cf of tht ; a•+~es w involuntary by operation of the law) of the same and that the covenants herein cw:tained shsll bind ~nd the benefits and ~dv~ntsyes irwr~ ~ she resp~ctive heirs, kgal reprcsa:tatives, successors and au'gns of the psrties hereto. ~ ~ And said 11M1ortgagors, for themxlves and their Fxirs, legsl representatives, wccessors snd auigr+s, hereby joiMly s~d severally cov~nanf ~nd agree i ro and w~th the sai~ MORTCaAGEE, in wccessors and auigns: ; 1. To ~p~Lay all ~nd s~ngular the princip~l and interest snd the various and sundry swns of mooey p+yabk by virive of said promissory note, and this T6/~9~P. rK1~ snd erery, promptly on the days respect~vety the same urer~lly become due. i 2. To paY sIl snd singvlar the ta:es, sssessments, levies, lisbilities, obligations snd encvmbrances of every n~ture ~nd kir+d now on sa~d desvibed property, w that hereafter may be impoted, suf{ered, placed, kvied. w asxssed thereon, a tFut hereafta may b~ Ievied w assessed upa~ this Morfy- age, w the indebtedness secured hereby, exh ~~d every, wheri due and paysbk, sccording to law, befwe they become delinquent, aod befor~ any interest a~<zches or any penalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORU THE SAME SHAII 6E PROMPTIY SATISFIED AND OISCHARGED OF ~cCORD AND TME ORIGItvAI OFFICIAL OOCUMENT (SUCH IlS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSE~ Co CERTIFIED) SHAtI dE PLACED IN iHE HANDS OF SAIO MCR~GAGEE WITHIN TEN DAYS NEXi AFTER PAYMENI; and in the eve~t thst any thereof is not :;~~d, sat sfied and discharged sa:d lNORTGAGEE may at any t~me pay the same w any part thereof withovt wsivir?g w affecti~g eny opfioe, lien, eqvity or •~~h~ ~r.de• o. bv v~.rve of fhcs m.o•rgage a~d the full amovnr of each and eve~y such payment shall be immed~ntefy due and payable and shall bear interest . e^' a~• ~are of nine per cenlur~ per annum and togethe? wi~h such interoft shall be mur~d by the hen ef th s r-.crora~e ;s.,:~- - - - - ~ - - < ~ :~"-'~"s~'° ~ a ~ . _ _ . . _d.~~ ,i _ . . .