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HomeMy WebLinkAbout1295 . ' . ~ uus ~t~El~TURE. M.a. d~. Z'Ith _ d+y o~ August A.a Iv~ b.rw..n Donal3 L. Deck _ ~~f-~ - _ .r .r_ of St • uC @ Ca+rhl Florid~. h~+eu+afip desg^are.~ ~s th~ ''MORT~.AGOR," ~r+d FIRST fEaERAL SAJINGS ~10 lU~ ~ ASSOC[ATION Of fORT WERCE. a twpaatan oryanized ~nd ~a~sting u~d~. ~M iaws of ~M tlroqd Sir~~s. of Arnerita ~+d Mv'u+~p ~b principal p!+c~ of busin~u in tM Gry of Fwt P:aa. St. tuc~e CounM. florid+. ~~ftp dss+pnat~d as tM MORtGAGEE." • 8~~n.0~ a.~d Iswful moneY of ~M United VYHEREAS ti+e MORTr'•AGOR is justFj indebt~d b th~ MORTGAGEE in the sum of : • 90~ S+ates adwnced by the MORTC-AGfE unto tht MORiGAGOR, as widerurd bv s certa~n promiuay not~ of evsn date herewith, of wh~ch the 4ol~owinp in N~«8 oto . n~,. ~~y. w~r. ~ 1I000_256 ~ ~ . -74 ~ ~ Fwt PiKC~. Fbrid+. At1CJU St 27 19 for wfw recc~ved. t, we w e~:~+e* of us. P~ 8's°~t~f~aY•~F'°~~ d~falution, ta the otder of FtRST FEOERAL SpAVIt`!GS AND LOAN ASSOC~AiION OF :nRT PIERCE at Far~ Vie~ce. Florida, the wm of = w~th in~crest Irom date at the rste of % p~* a~um, in monthly install- ~e~n u fd!ows- i 7S on the ~thd,,, of OGtober 1q~ and ~ like sum oo the cwrespond~rg day of each month thcre- afte~ unti! rhe whoie be fuily paid. • Each iruullm:nt first shall be apptKd in P+Yment of the interest ~nd +he~ on the uepaid b+l~nce of the prin-tpal sum. If def~ult ia msde in the ; ~ayr~~ ~~ny ;m~alin,~nr wh~n due. and wci. dc;auh conr~rwes 30 days, thc+~ at the optan of tM 1w~de~. and wi~hout any othcr :+otrce, sll ~he ~cmain~nQ . ~~s?al4ncnts shail be due and payabk at once. Pririley~ is g~re.~ ro prepay tha no~• in whole o~ u+ p+rt at ae?y time without pen~lty. Neit3 'S be+ra~ce. ~he holder thereof aftc~ ury defauN in any pa?rmenn he~eon, sha{I be deemed cx~er+s~on. A?ate payment charge of 3 - shall be ~ nor a«eptance by ad~ed fo ea:l~ i+u~al4nent rem:ieing unpa~d 7 days aita ib dx date, snd a like sum shall be added ~o each such iastal4nent remaining u~p+~d 7 d+lls aftet _ i ~ each succeedK+9 WYrt~ent date_ i Each maka, wrety and a+doner haeof, jointly and severa~ty, wa~ves dcmand, presn+iment profat ~nd notice of praesr fw .anpaY^~e^t• ~^d fvrther t agrees w any exie~s~on of ~irne o1 paYmd+t, c~~kr~ btfore w after maturiry, wi~hout notKe to any of us; and to pay all costs of mllectMn, indud~~y + ; ~eas~nable attwney's fee in the evcnt of any defwtl hcrev~?dc~, aod I,ercby severally waives all benefit of homestead and exemption ur~de~ the tautitvYan ~ and taws of racl~ S+ate of ~he Un~sed S~ates. u aga~~st thes obl'yation or sey eaten«an o? renew~l hereof. F ~ w~,~ r~ ~.a ~.a ~i of S/ Donald L. Deck csEwq ~ . (SEAU ; S/ Jenell M. Deck csewu ~ ~ # , $12 . 00 ~ ~sn a~~ ~ , .nd tt+s pe~fe.n+.nce ot tt~ ? S 000.00 ; NpW, iHEREFORE. the lNORTGAGOR iw the purpose of secv~ing psyme~t of said sum of S corKw~ts and ~reemenn he.eu+a~rer axpressed. and fo. d~re+s good snd vstwbl~ cauider+Yans, by these presents, does grant, b+r9~in, uU, remise, i re:case, con.ep ad confirn+ w+a the N?ORiGAGEE. its wcceswn and sugns. all that certain bt, piece or pucel of I~nd. situate. IYing. aed bein9 ~n tM ~ ~~y ~ $t. Lucie and State of Flwida, described as follows: 3 ~ The North 150 feet of the South 1113. SO feet of the West half of the 6,ast hal_f of the Southeast Quarter (Sfi 1/4) of Section 34, Township 34 Sauth, Fange 39 East; less and excepting th~refrom the West 30 feet, Containing 2.181 acres, more or less, LESS AND EXCEPTING THfiRBFRCx?! an easement on, over, exnd~r and through the East 20 feet thereof for drainage purposes. ' This is a second mortgage being 3unior and inrerior ; only to a first mortgage from mortgagors to mortgagee ' dated 3~.ay 31, 19~~t, an~ recorded in 0. R. Book ~2fi, page !~.?l, Public Records of St. Iucie Coeuity, ~'lorida. - 11 e ~ f r ~y~~~ ~ w'~ ~ N STaTE ~F . FL~i! u~: ~ r~~'~ ~g. r QCCUMfN;ARY.-.~ -~Li STA V P't: > ~ ~~S'~~~ lE - Z~ DEF?. ~F ?_YEtiUf %r: ,s~ / ' ~ ~,~1 ~ ~ " fs =~7~~; t~~s' i 2. 0 0 ~ w~ ~R M _ i ' . O - 1!i+l~ • ~J-~ - ~ ~ together with sq and singular the tenemenn. Fiered'itxncnts snd ~ppurtances therewiro bebn9in9 u? in ~nywise sppertsining the~ew, snd ~II rents, issuc.. proceeds and profin acvuing srd w accnre from said ptemi~es, all of x!:6r!? ue inckrded in the ~bove ~nd fore~oing deauiption and haber+dum- TO HAVE AND TO HQID th~ sbove dewibed snd 9nnted prtmises unto the s~id 1NORTGAGEE. iri wocessors ~nd sss~yns forevN. And th~ said their ; MORTGACsOR fa hein, e:ecutors. +dministnton and auigns, he+eby covenaros w~th the said IMC~RTGAGEE, its waessors +nd as~iyro. that lawfuEh x;~ed o~ ~he ss;d pren,ses in fee simplr, rl~st tl+e ssme ue free, cku a~d discharged from all liena encw+~- thev are bAM~ thQ~/ ~~s ~ . their heirs shall wursnt ~nd defcnd the titk w the samt to the s+id MORTGAG~E. its suocesso~s snd assi9ns, fwever sgswut tht lawfu{ clsims sod demsnds of all pers;xn: PROVIDED. AtWAYS ths~ if the M~ORTGAGOR sh+ll Fay unto the MORTGAGEE tl~e pron+~ssaY iwte hercinbefore desvibed and ih+ll truly, promPt~Y and fultp perfwm~. d:sc}w9e. e:ecute, complete. comp~y w~rh ++?d +b'de bY esch and every the stipulaiaru, agreemcnn, condit~an and covenaots of s+~d p~omiuory note snd of tAis Mortg~ge, then this Mwt9+9~ u+d the Esute h~reby uested shsll cesse and be rM+h and void. IT !S UND~RSTOOD t1?~t the wwd 'Mort9a9or" whetlKr the s~ngular w ptwsl anywhue in this Matgsge, shsll be singulx if ons only and sha11 be Ph+'+~ la^th/ and severaity if mwe tFwn one, and thaf the word "~heir" ss used +nywhere in tha Mongage shall be taken to mean •.his,•• ••hers•• a'~y,•• M,}~~ ti+e context w;mpl;es or ~d,nits. Also, that wherever there is s refarence in the tovenants srd +greements herein contsined w~ny of r~ ~Ky t1~ s~r~e shall be oonstrued w me~n u weil u the heirs, kgsl represenatives, successors a~d suEg~n (either voluntary by act of th~ : p~~;a a invoh~tary by operatien of rhe law) of the ssme and that the covcnants herein com+ined shall bind sod the benefits snd adv~ntyes irw+re i to tl.t ~espeaive I+e+s. Ic9+1 represenr~rives, suaes~ws and ass~gru of the puties hereto. ~ Md said Mwtgsgors• f.~? ti~rt~se{ves ~nd tFKir y+cirs, 1tga1 representati~es, successors snd assigro, hereby joiMly and seve~ally covenaM u+d +9ree ' to snd with the ssid MOltiGAGEE. ~ts wccesson and assigns: 1. To pay all aed s~rqvlx the princ~psl ard intaest +.d the vsr'aus snd sundry wms of mo~eY WYSble bY virtue of said promiswry note, and +his mortyape, rsd~ and e~re+y. P~o~+Pih ~ the w{s resPecrndY the s~me severally become due. 2 To ps~r sH and sw~lr the taxes, ssses~ts. levies• 6abilii~es. obligstioas and encumbrances of eve~~r n+h+re and k'ud rv~w o~ said described v~~tfl, a tltit ~eaha m+Y be ~^P~4 svffered. Pboed• ievied. a ~uessed thereon, w that heresfta msy be levied or asiessed ~y~on tha MortQ- age. or the indebtedness secwed hereby, exh and eve*Y, whe*~ due snd paYsbk, sccwding to lsw, befwe they beccme !!.,s~went, snd ~afo~e ony intertst attZ~hes p ~ny pery~ty is inaxred; AND INSOF~?R AS ANY iHEREOF !5 OF RKQRD THE SAME SHAII BE PROJNF~iY SATISfitii AND J~5'CH/?RGED OF RECORD AND ~HE ORIGIMI OfFIC1Al DOCUIMENT (x1CH AS• fOR ~NSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFFICIALLY ENDORSE~ OR CERi1FIED) SHAtI dE OU?CED IN THE HANDS OF SA~D MORTGAGEE W~THIN TEN UAYS NEXT AFTER PAYMENT; and i~ the evcnf rhat any tF+ereof is ra~ pad, sat'sfied and disdurged sa:d MORTCaAGEE insy at any t~m! pay rhe same a any ps~t thereof withovt wsiving o~ sHecting s~y option, lien, eqviry o~ •:aht ur+de~ or M vi+hre of th~s mwty~ge +~d tl+e full amovnt of each and eve~y such ps~ment shall be immcdiately due snd payabk and shall bea~ intaest ~•om rhe date thereo! until ps~d st ra~e of n:n~ per ce~tw~ pe~ anrwm and toeet~~y~~h interq secvred by the lien of th:s morgtage- BQQK r~c,~ PA6E 1~~ _ - ~ F ~ , ~ ~ _ . . -