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HomeMy WebLinkAbout2153 . , ~ 289n61 ~ THIS INDENIURE, IM~d~ tl+e 1St day of /~U9uSt - A.D. 19_...1~, betw~e^ Osana M. Sheri! and Nour Sherif ~~Ais wifQ of SL. LL~C~@ Cpunfy Ftorida, hertinafra tlet~y~+~ed is the "MORTGAGOR," +nd FIRST FEDERAt SAVINGS AND tOAN ASSOCIATION Of fORT PIERCE. ~ corporat~on wpaniud +nd e:ia~in~ w~da rM lavn of the Un~t~d Statq of Amsrica u~d F?~vinp in principal plaa of bus~nea 4? the City of fwt Pi~rce. St. luc» Co~nty. Fbrid+• he?einafter desiy~ated a~ 1M "NIORTGAGEE." WHEREAS tM MORTGAGOR is jvstly indebted to the MORTGAGEE io the sum of S-~4y - 90~ ~^d ~awful money of the UnYed States adwnced b~ th~ MORTGAGEE unto tha hlORTGAGOR, as evide~xed by a cer~ain promisswy nott of even date hersw~th, oi wh~th 1M followinp in words aod fi~ures is a t~ue copY, to-wit: 1~21013 s 24, 200.00 Fort vss.ce. F~wtda. August 1 19 7d fw value received, 1, we w either of us, promise to without defalcation. to the order of fIRST FEDERAL SAVI~iGS AND IOAN ASSOC~ATION OF 24 2~:00 FURT PIERGE a1 iort Pierce, Fbrida, the sum of f---! - w'~~h iroeres~ from datz at the ~ate of ,Q.a~4'e pe+ +onvo+. i~ ma^~hly install- ~~,e~es as fol!ows: S 212•~ _ o^ ehe ~th day of S6DL~b@Z_, 19_~'~. and a lik~ sum a+ the earespond~np d+y of eacF+ monN~ therr ai!er until the whole be fully paid. Exh installment firs~ shall be appl~ed in payment of the inre~est snd then on the unpaid b~lance oi the prind{»t sum. If def~uh is msd~ in fht payment of any installment when due, and such default continues 30 days, then at the optio~ of 1he holder, and without any othe~ notite, all the rem+ini~p ~nsrallments shall be due and payable at once. Prtviiega is give~ to prepay this rate in whole w in part at ~ny time withoul penalty. Neither forebearance. shall be nor acceptance by the ho~de~ thereof aiter any default in any payments hercon, shall be deemed extenaion. A lafe paymeM charge of 10• added to each insratlment rcmaining uapa~d 7 days after its dva date, and a like sum shall be added to each such instaltrt+ent remaininp unpa~d 7 d+1ts aitN each succeeding payme~t date. ~ Exh maker, surety and endase~ hereof, juintly and severally, waives demand, presentmcnt protest and nolite of protest for nonpaymeM. ~~d further agrees to any ezrens~on of t~me of payment, e+rher before o~ aitsr maturity, withovt not~ce to any of us; and ~o pay all costs of ca!lection, inclvding a reaaonable attorney's fee en the event of any default here~r?der, a:+d hereby uve~ally waives alI benefit of hort+estead and exemption undet the constitWion !s:;z of e~h 4f~!e ni t!rr 1!~i±rd S+r~es, as against this obligation or any ertenuon o~ rcnewal hereof. Witness ehe hand and xal of each parey. - sama . ezi ~ (s~w our . eri ~ 36.30 1 State Revenue ~ aa aoo 00 . . .~a of ~i+. NOW, THEREFORE, the MORTGAGOR for 1he purpose of securing payment of said sum of S P~ covenants ~nd agreementa here~nafter expressed, and fw divert good and valuable consida?atio~s, by tl~ese p~ese^ts• does 9rant, bsryain, sell, remise, releese, co+~vey and confi~m unto the MORiGAGEE, its succeuors and assigns, a!I thal certain bt, piece or puce~ of land, situats, lyirp, u~d beiny in tM County of St . Luc ie State of Fbrida, dexribed as fdlows: I.ot 17, Block 141, POR? S7. LUCIE, SECTION 27, as per plat thereof on file in Plat ~ook 14, Pages 5A thru 5I, public records of St. Lucie County, Florida ~ ~ ' ~ G ~l-G~_~J~'~.1 ~ AM~t17AR~ c ~5~ A ~ , ~ o u~ 3 g. 3 Q~ f uZ DEYS•~VE~ j- ` a j s ~ a., ; ~ : 4 ~ 'w ~ I < ~ ~ _ ?g,~~..-'" ~ ~ IK PAYMES~ Gt =S RECE~ .C 1lilN1GIBLE ~ ~Pltil'i.•`f~l~j pvE ON C[~ ~Eq ~1.131. U ~~IAtCi poli ~ ~ -Et;. CIit~1~ rogether with all snd singular the tenements. F~ereditamenrs and appu?tsntes thereunto belongirg or in snywise ~pPer~aininp thetero, and ~U ~ents, fasws, Froceeds a:id profits atuuing and to accrue from ssid premites, sll of whech ue included in the ~bove +nd faa~oin~ dtatriptio~ +nd h+be~dw~~ TO HAVE AND TO HOlO the above described and granted premises unto tha said MORTGAGEE, its succetsas and sssiy+?s fwever. Md th~ s+W - titORTGAGOR fot thell ~~rs, executars, administrators and auigns, hereby wre~+nri with 1F+e ssid NWRTGAGEE, its sutcesson ~nd ass~pnt. ~hat -theY-~T~-- Iaw~ully se~zed of the said p~em~ses in fee simple: that the s~me a~~ free, cku ard ~scl~r~ed from all liena and s~wn~ ~ brances in law w in equity, and that ~h4~ will and theL _ heirs shsll wsrrant snd defend th~ title fa the s~rrw 1o tht u~d MORTGAGEE, its successors and assigns, fwever ~gainst the Iawiul daims and demsndi of all perwos; Y. P~ Pt ~ PROVIDED, AL~YAYS thaf ii fhe MORTGAGOR shall pay unto the MORTGAGEE tM promisswY note hareinbefore described and shall trul om ~ a•~d fully perform, d~xharge, execute, complete, comp~y with and bb~de by each snd every the ttipvlations, a9reemenb, conditions snd ooven+nts of u~d ~ promissory note and of this Mortgage, then thi~ Mortgage ++~d the Estate hereby ve+ted shsll teast and be rwH +nd wid• ~ IT IS UNDERSTOOD that the wud "Mortgsgor" whether i~ the singulsr o? plur~l snywhers in th~s Mottyage, shsll bt sinpulu if aw onFy ~nd shal! be plural jointly snd severslly if mwe thsn one, and that the wad "thert" ss used anywhere in this Mortyage shsll be taken to mes~+ '"h~s:• •'IKrs:• dG ~ cr "its;' wherever the contear w implies or sdmits. Also, ~hat wherever there is s reference in the covenams snd +yreert~enri herein oontained to ~ny of O~G tne parties hereto, tF?e ss~ne shall be construed to mean as well ss the hein, kgal representatrves, waesso~s +~d assg~s (eifhe~ voluntary by act oF tM ~ oarties a involuntary by operatan of the law) of _the sune and that the covenaon he.e~n conuined sl+sll biod and rhe b~n.fin ud adva~~.qes inw~ ~o the respective hei~s, leyal represenutives, successors snd au~gns o~ the p+rties I+er~to. V~ qnd said Mertgagors, fw themselves ~nd ~heir hein. ,leya! rspresentstiva, successors a+d +ssi9m, herebY lointly and stverally covMant and apne u ~ ~ !o and with the said MORT6AGEE, its tuccessors and auiyru: - 1. To paY all and singutar tF~e principal and interest ~nd the vsriovs snd wndry wna of money paY+ble by virtue of said promissory eate. ~nd tFds morty~ge, esch and every. p~~Ptly on the days respectively the same severally becorn~ due. ~ 2. To pay all ~~d sinyuisr the t~xes. aisessments, levies. fiabilities, obliyatiora and enwmbr~Ma of w~ry ^+~e ~~^Ow a^ sad d~s~~ oroperty, w that h~reafte~ may b~ imposed, wffered. Plxed. levied, w assested thereon, w tMt Mre~her may b~ 1ev~ed or assessed ~Pon ~~S ~ age, a tM indebted~ess secured hereby, each and eve~y, wl+en due and psysble, auordirg fo taw, befa~ they becorn~ delinquent, and befor~ +Mr a~terest attaches or any penslty is incurred; ANO tN50fAR AS ANY THEREOf 1S Of RKORD THE SAME SHAU BE PRO1NPTlY SATISFIED AND DISCM/?RGED OF RECORD AN~ THE ORIGINAI OFfIC1Al OOCUMENT (SUCH AS, fOR INSiANCE, THE TAX RECEIVT O!t THE SATISfACT10N PMER OfFICIAIIY ENOORSE~ OR CERT{FIED) SHAII BE PLACE~ IN THE HANOS OF SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event tF?~t any thereof is na pa~d, saYsfied and discharged sa:d MORTGAGEE msy at a~y time pay the fame w a~y part thereof without waivi~y w affectinp sny opY~on, lien. eqvity o~ ~~qhr under w by vir~ve of this mw~gage and the ~ull amount of each and every such payment shall be imrnediately due snd psy+bk and shalt bear int~rss~ ~,o•,~ rhe Jafn tn~.eof vntii pa d ar rate of nine per centum per snnum and toflether with such interest shall be secured by the lien o~ +h s mo:gfage. :a~ _ ~ - . . - - w . - rr 4 ~'r,. a' M ~ . ~-v~`YS _ ~ . _ ~ _ " . ~-'S~~r~.