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HomeMy WebLinkAbout0303 ; Y ?8'7'7iJ3 ~ TNIS INCENTURE, Msd~ Ih~ 23rd ~y of .JL1~.}/ -/~.p. 19__Z4 bttw~e? + _ Donald Napie r and Thp~ ma 1~ Nanier ~ hi c~ni fe - . ~ of St . LL1C1@ Cp~~~y F~prida, htr~ir?~ite~ detign+ted as tM "MORTGAGOR;' and FIRST FEL`ERAL SAVINGS AN~ tOAN ASSpCIAT10N OF FORT PIERCE. ~ co~pwation organi:ed ~nd e~i~~inp under the laws of ths United Sut~s of Ame~ica ~nd Mvir?p its prindpal pl~cs ~i busiiau in tM Cfty of Fwi PiKCS. St. luci~ Ga?roy, florlda. Mrein~fltr d~aiy~~t~d as tM "MORTGACrEE.•• WHEREAS tM MORTGAGOR is iw~1Y i~b~ed ro fh. MORTGAGEE in ~hs aum of t,2 ~ 8~' ~ 9~ +"d ~+`^~ful mc.uy of the Untted S~ates adv~nced by tM MORTGAGEE unro the MORTGAGOR, as aviderurd by a certain promiuory no~e of even da~e herewith, of wh;cMtM followir~p In ~ wads and tiyuns is a t~w copy, towit: - ~ 11~pZ,4(~ f12~800.00 T 1'. Fort Pl~ra. FbrW~. ~[.~~a,~.~~. 19_24_ Fw value received, 1, we a eithsr of us, promise ro pay, without defatcation, to Ihe ordcr of FIRST FEOERAI SAVIPlGS AND IOAN ASSOCIATION OF fORT PIERCE af fort Pierce, fbrida, the wm of s 12 t-8~ • O0 w;th interes~ from date at tha rate of9' 75% per +nnum, in monthly install- ments ai follows: Z 122 on ~hs --~C~~d+Y o~ ~otemher _~q~_ and • like sum on ths correspondirg day of each month therr after until the whob be fully paid. Each installnent first sAatl be applisd in paYme^t of the intereit a~d the~ on the unpsid bal~nce of ths p~incip+) sum. If defsult is mads in ths payment of any installment whon due, and such default conti~uei 30 days, ther~ at the optiwi of the holdm, u+d without sny other notics, all Ihe remainirq ~nstaltmenn ~all be due and payabk at once. Privileye is 9iven to prep+y thia no~e in whole or i~ part at ~ny time withouf pen~lty. NeitF+a iorebearance, nor aaeptance by the holde~ thereof after any deiault in sny p+Y~^~s ~reon, shall be dcemed extension. A late psyment cMrgs of ~ 6• 1O shall bs added to each instaltment remaining vnpaid 7 days +fter its dw d~fe, amd a like win sMll be addad to each auch installment remaining unpaid 7 days after each succeeding paYmeM date. - Each make~, surey and endorse? hereof, joimly and uverally, waives demand, p~esentment protest and notice of proteil fw nonpayment, snd funher agrees to ~ny extensiw+ of time of paymcnt, either before o~ affer maturiry, without notice to +ny of us; ~nd to psy all cosb of mllection, includir+p a reasonable attwney i fee in the svent of any defsvlt htrtunder, and hereby severally waiva ali benefit of homestesd and exemptiw? under the ca+stitvtion and lavvi of each Spte of the United States, as against this obli9ation w any extension w renew+l hereof. Witneu the Mnd and seal of each party. S/ Donald Na! ~ or ts~?UU . ~?y S/ Thelma L.__~ia~;pr es~wU ~ , ~_lex t~~C • ZO ~ st.t. ae~~~ ~ ~ NOW, THEREfORE, the MORTGAGOR for the pu?pose of aecvriny psyment of ~id sum of ~ 12 8~ Md ~M perfams^cs of tM covenants snd agraemenb hereinafter expressed. and fw dive?t good and wlwble co~sidentions, by thes~ presents, does qr~M, buysin, sell, remise, releass, convey and confirm uMO the MORTGAGEE, iri ivcceuo~s ~nd assigns, all that cert~i~ bt, piet~ or partel of I~nd, sitwte, lyag, at?d beirg in tAs ~~~ti $t . LLICl@ , u~d State of Flwida, dewibed as follows: Lot 7, Block S, REPLAT OF PALM GARDSNS, as per Plat thereof on file in Plat Book 12, Page 42, according to the Public Records of St. Lucie County, Florida. - ~ ~ ~ ~ ' 4 - k ~ f ~ . - ~ € ~ ~ ~ In ~ T/{i1f.i f ~ STATE oF FLO R 1 D~G ~ nuE~oN c,~s ~c u+r~+eis~ P~an, ~ 02 M i10CUN1ENTARY; j•~::,-~STAMP 'l+?. I pp(~(i TO C1IAPTER 71•134. ACTS OF 19~1~1`/~ ~ JEPT. Cif REtiElYUE ' pOGER POIIIU.C ~ ~ ~r, - .;bITJ ~4~~ CIERK CIRq11T COUflT Si. WClE 00., FlA ~ r ~ ~ ~ ~ ~7. ~ O ' ~ m N 3~$. O - ~ ~s~ ~ . ' - ~ together with all ~nd sin~ular ths tenements, hereditaments and sppurtances thereunto belonging ot 1n anywise appe?tainirg thereto, ~nd ~II rsnri, issues. proceeds and profib scvuiny and to acaue from said premises, all of which are included i~ the +bove and foro~oi~p descnPtan ~nd F?aber~d~^~- ~ TO HAVE AND TA HQI~ tF?e abovt dewibed and granted premises unto the s+id MORTGAGEE, ib sutcessws +nd +ssiy~a forev~. Md tM s~id MORTGAGOR fa tAelr he~n, execv?on• +d+~;^is~?+tors snd auign~, hereby covenann with the said NWRTGAGEE, iri sutteswrs a~d u~ipna, ~ rhat they are lawfully seized of the w~d premises in fee simple; that th~ ssrr» are free, clear and disch~rped from ~II liem ~nd ~nevn? i ~ the their he~n sh~ll warr~nt ud defend t}?e titk to the sam~ to th~ said brances in law or in equity, and that y will and ' MORTGAGEE, its succeuo~t and assigns, forever sgairat tFw lawful claims and demands of all persons: PROVIDED, AIWAYS that if the MORTGAGOR shall p~y unro the NIORTGA6EE the promissorr ~ote hereinbefor~ dewibed and ahall trulY• P~a'^Pt~Y and fully periwm, discMrge, exec~te, compkte, comply with ~nd +b~de by exh snd every the stipulalio~?~, sgraemems, conditaro and oov~n+nri of said promissory not~ ~rtd of this Mortgspe, then this Mwtgsge snd the Estate hereby ae~ted shall teue and be null +nd vo+d• ~ ~ IT IS UNDERSTOOD tMt the word "Motty~por" whelher in tF~e singular w plural snywher~ in this Mortgspe, thsll be sinpulu if w» only shall be plor~t jointly and severally if more tMn o~e. ~nd that the wwd "thei~" as ~sed ~nywhere in tha Mortysy~ shall be t+ken to mean ••his.•• • n:'o or "in;' wMrever tha context w imp~ies o? +dm~ts. Also, thst wherever there is a reference in ths cover?~nts s~d sgreert~enri her~in oontained to ~ny ofp~~ ~ the p~rties hento, the ssma ah+ll be co~strued w me+~ +s well ss the heirs, leyal rep~esentatives, successors snd assigea (either voluntary by act of th~"` ~ parties o~ invduntary by opention of the taw) oi the s~me and that the cove~snb herti~ comained shsll bind and the benefi» ~nd advaMay~s iiwr~~ ~ to the respettive heirs. lagsl representatives, t~ccessws ~nd au~~s of the psrY~es hereto. r qnd said Mortyagor~, for themxlves and tF+eir hei?s, kgal representativa, suttesson and +uipru, hereby jointly snd sever~lly cmrena~t and ~yr ~ fo end with the said MORTGAGEE, its successors ~nd ~ssigna: ~ ~ 1. 7o paY all and sinpulsr the principsl and interest ~nd tM various ~nd sundry swns of maMY paYabk by virtue of said promiswry nott. +ed thisc ~ ,,,~ty~ye, exh u~d evKy, promptly oe~ tFM dsys respectively the s~me sev~rally become due. 2. To p~y all and sinpvlar the taxes. +ssessme~», levies, lisbilir'~es, obleystions and encvmbnnces of evsry r?+twe and kk~d now on said d~sulbs~~ property, w that hereafter m+y be imposed, suffenA, placed, kvied, or ~ssessed thereoo, or that hereafter may b~ levied a assessed ~pon this Mort¢ age, w tM ind~btedness seu+red hereby, each snd ~very, when due and psYable, sccordinp to law, befae they become delinquent, u+d b~fon any im~ral0 attathes or any penahy is inturred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGEO Olrr.'~% ~ RECORD AND THE ORIGINAI OFfIC1Al OOGUMENT (SIKH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSEO ~ OR CERi1F1ED) SHAII BE PLACED IN iHE MANDS Of SAID AAORTGACaEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in ihe event thst my ther~of is not paid, sat'sfied and d~scharged sa;d MORTGAGEE may at any time pay the s+me w any p~rt ttxreof without w~iviny w ~ffectinp a~y option, lien, pvity o? •~qht under w by virtue of this moregspe and the full ~moun~ of e+ch and every such paymeM shall be immediately dve and pay~bk and ihall bea~ lnterest - kom tha dste therMf. until paid ~t rate of ~ine per centum per an~um and toyether w~th such interest sMll be secwed by tht lien of th:t morytsye. a a _ . x~e _ . - _ - - - - - _ - ,-,~~q _