HomeMy WebLinkAbout0937 ~.~;:oo ~
i~; ~s' ~
THIS INDENTURE, 11Arci~ th• , 3rd ~y pf J111Y - A.D. 19~--. betwM^
St~Dh~ C. Sa~DI~ eald Tsuli M Saaol~ hi• rif~ -
af . SL L11C~! , County Ftorida, ha~in+(~a desg^+t~d ~s tM "MORTGAGOR." ~nd FIRST FEOERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • oorporation ayanised u?d ~xatiny und~r 1M laws of tM United S~~t~s of 11m~~ica aed Mvinp itt principal plau of
busin~s b ths City of Fwt PiKU. St. luci~ Gounty. Fbrida. hsrei~after d~s~ynated ~s tFw4O T~O•~
WHEREAS tM MORTGAGOR is j~nNy indtbt~d w th~ MORTGAGEE in the svm of ~ ~ood and fawful mw+~y of ihs United
States advanced by ths MORTGAGEE unto tM MORTGAGOR, as evidenced by a certain promissuY oots of even dat~ herewith, of which 1M followinp in
words ~nd figuref ia a true copY. towit:
; 40:000.00 N, ie znq~e_
e._W J lv 3 _t9_Tl.
fw value reccived, 1, we or either of vs, prom~se to pay, withovt defslcat~on, to the ordc~ of FIRST FEDERAL SAVINGS AND LOAN ASSOC~ATION OF
FORT PIERCE ar Fwt Pierce, fb~ida, the sum of s~.sy~0•~ wilh intere~t Irom date at Ihe rate of ~~..5.96 per +rtntm, in monthly i~stall-
•~,anrs as foltows: S_ 350.00 on the -~-~bday of ~CtOb~Y 1q_~_ and a fike sum on ths corretpondHg daY of ~ach ewnth tha~-
after until the whole be fuily paid.
Each instailment t~rst slwll be apptied in payment of the in~erest and then on the unpaid k»lance of the prir?upsl sum. tf default is m~d~ (n the
payment of any installment when due. and such defauU continues 30 days, then at the optron of the holdet. ~nd wilhout sny othet notice, all the rM?+ininy
~~,statlmcnts sha11 be due and payable at once. Priviiege is giv~n to prepaY lhis note in whole o? L+ p+H at any t3me without p~n+lty. ~ I'I fSO
Ror acceptante by the hoklet the~eof after any default in any paymenb hereon, shall be decme~ extensi«?. A lete p+ymenf cMrga of ~ • s~++~) ~
addecl ~o each installnxnt remainfng unpaid 7 days ahe~ its dw dste, and a li~ca sum shall be added to each such installment rems~ni~g u~+paid 7 days ahar
ea~h wcteeding payment date.
Exh maker, surety and endorser herepf, joinNy ar+d savcrally, waives demsnd. Q+esentment protest snd ratiu of p?otest fw nonp~yma+f, sad fuflMt
ayrers to any extens~on of time of payment, either before w after maturi~y, withou? ~otice to any of vs; and ta paY all cosb of cotlectio~, includ~rg +
~easonabk attwney's fee in the event of any. default hereunder, and hereby'sev~r~IFy wsives all benefit of homestead and exemption under tM constitution
~~,d taws of each Stare of the Unitcd States, as against this obl~gation or any extension or renewal hereof. '
w;tness the hand and seal of esch parry. s~Stepholl C• ~spio (SEAU
(SEAU
s/?YUla M. Saanl~ tsEwu
(SEAU
i_ 560~00 ) S+ate Revenue _
±~s~e+pr eanceMedtn ~wh~nae)
NOW. THEREFORE, the MORTGAGOR for rhe pu?pose of secvring paymenr of said sum of S 40~~~•~ u~d the Perfam~^c~ of the
covenann and agreemenri hereinafter expresxd, and fa divers good and v~lwble cons~derations, by fhese prese~ls. doss 9r+^~~ ba~~+~n, sell, remise, -
retease, convey and confirm unto the MORTGAGEE, its successors and ~uigns, all that cettain bt, pieoe a pucel of I~od, tituate, lyirg, u?d beirg it? 1M
County of St. LuCie aod State of Florid~, dewibed ~s follows:
Lot 62, RIVBR OAK BS?ATBS, accoYding to the Plat theYeof as recorded in
Plat Book 16, Page 5, Public Records of St. Lucie County, F~orida;
i
€
~
E ~ M STATE ~F FLORit~A ~
DOCUMEP~fTARY ST~MP TA x ~ ~
r ~
~ DEPT.OF F.EVENUE~~~'~ • ~ . IN PAYNFM Of T~i
_ ' 6 ~ 0 0 ~ ~vm
N. - P8 = ~~`74 ~ . 1 nuE a, aw~s ~c u,r~r,s~e~ ~~o~x ~en~
~ ~ : ~ ! ~z . ~ :
- ~ PURSWMT TO CFi1PTER 71-134. IYCTS ~ 197L
' ~ER POiiWl4 ~!j
. ~ qAWli OOUiIT, Sf. LIK~ U0, F1~
+ogethe~ with all and zinguisr the tenemems. F?ereditaments and appurunces there~+nto bebng'eg o~ in ~nYM^se ~PW~tsirdnq there% and ~U ~~nts, is~u~s.
p-oceeds and profin xvuing and to atuue frort~ ss'id premises, all of wFiKh are intluded in tM above sed fwpoinp d~striplion +nd h~bMdum.
TO HAVE AND TO HOID the above described and granted premises unto 'M said MORTGAGEE, iri wccessws end +ssip^s fort`nr• ~d ~+~b
!,SORTGAGOR fu the1Z _~~~s, executws, sdminis~rarors and ~uigns, hereby twena~ls w~d+ tl+e ssd N~RTGACsEE, i1s wwsson a~d aqipro. -
rhat thev are lawf~lly sei:ed oi the asid premises in fee iwnplr, that the ~sme an frN. tkw ind discharped from al) lia+s and Mrcua~
arantes in Iaw or in equity, and that theY will snd theiz hein shsll warruM u+d d~fend ths title to th~ s+tM to tM s+id
~ NIORTGAGEE, its svccesso?s and suigns, ~wever sgainft the tawfvl claims and demands of dl perwns;
~ PROVIDED, AtWAYS thst if the MORTGAGOR shall psy unto the NIORTGAGEE the promisswy- ~ote he?+~^befwe desu'b~d +~d s~+~~ ~H. a°TP~~Y
~
"f 3~d fu0y perfam, diuhsrge, execute, complete, comply with ~nd abide by eacl~ and every tht sY~puleYwns, a9reertfenfs, condrtwns and OOVl~MMS Of sa~d -
~ ~•om~asory note and of tfiis M.ortgsge, tixn this Mortgsge and the Estate hereby ve~ted ihall ceas~ and b~ rw~~ +nd ro~d• p~~
tT IS UNDERSTOOD that the word "Mortga9or" whether in the singular or plural anywhere in this Mortysps, sh+ll be s~pulx if °^W and bc~-
~ shall be plwal jointly and uverally if more tha~ one, snd that the wwd 'Yheir' as used anywhere in fhis MwtysQ~ sh~li be IiRen to mtsn "hls." "Aen." 7F~
~ cr "its;' wherever the contex~ so imp~ies w ~dmits. Alw, tMt whereve~ there is a referonu in tiw coven~nn and +yreemeMt herein ooMa'u~d a~^Y d
the p+rties herero, the same sh~ll be construed to mean as well ss the hein, legs) represenativef, suasswrs +nd assipm (sither volvnt~ry by act of tM
~ parties a Fnvdvntary by operation of the taw) of the same and that ~he co~.n~na hsrei~ conrsined sMll bind and ~h. ben.fin .nd advanf+yes tnur.
~o the respective heirs, kg+l representatives, wccessors and ~u'9m of the puties hereto.
ep
And uid Nlortgaqors, for themselves and thev hein, leg+l represe~utivas, waeuas u~d assiy~?s, herebY la~tly and ~vaalty oovenant and apr~e ~
ro and with the asid MORTGAGEE, in successors and assiyru:
1. To pay dl snd sirgular the p~incipal end interest and the variais snd wndry swns of mo+xY WYable by virtw of s+id promis~ory ra?~. +nd tha
- mwtg~e, each and every, prompdy on tFw days rapectively the same sewrally becom~ dw.
2. To p+y all u,d ~inyulu the faxes, asseumenn, kvies, liabilities, obliyat~a» snd enn+enb~~nces d wery ^+tur~ a^d kk~d ^o'n s+'d d~?~
prOplrfy, or tMt hereafter msy be impwed, svfferd, placed, kvi~d. w aaeswd tlwaon, a tMt here~ftN may b~ Iwi~d w+ss~+ssd ~P°i~ thh Mo~q'
age, a t!w 'udebtednsss secvred hereby eacfi snd every, whe~ dw and p+yabM, sccwdinp to law, befw~ thsy becaoe delinquent, and befot~ ~n11 1rM~r~at
attaches or aM/ peosMl/ is incu~red; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII 6E PROMPiIY SATISFIED AND DISCFIARGED OF
RECORU ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE 7AX RKEIPT OR THE SATISFACTION PMER OFFICIALLY ENOORSED
~ OR CERTIfIED) SHALL BE PIACED IN TME HANDS Of SA~D N10RTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; u+d in th~ went that any fhereof h not
c~~d, sar'sf;ed +nd d~uharged sa:d MORTGAGEE may at any t~me pay the same o? a~y part thneof withovf waivi~p ot affedirg any option. li~n, equity o?
•~~hr under w by virtue of this mortga~e and the f~ll amount of exh ~nd every such payment thall be immed"utely due snd pay+bk ~r~d shall lxa~ iMe?est
~.n~ she d.,rr ~he~eo' .^a d~+ .ate of nine per centum per annum and toyether with wch iM~rqt shall be secured by the ~~en of th's morg~a4e.
, ~
J _ - ,_,j,. '~"'-a
~
:
H~ r ~ s 3s.~~*^ ~
.
4~"?~
_ ~ . . _ - .~-~'~ew ~