HomeMy WebLinkAbout2161 291C9a ~ 4
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THiS INDENTURE, k1~d~ ~n. 6th ~y of Septe~sber A.p, 19?4 be?we«+
John P. Verakas and Frances '•1. Ver s h s w fe
aF $t. Lucie Couny Flor~da. hNe~~+ita d~signa?ed +s tM ' RT '~j~ST F:OERAL SAVINGS AND IOAN
ASSOCIAiION OF fORT PIERCE. a oapor~t~on aqani:ed ~nd ~xis~ing w+da ~+ws ;of tM Ur.iqd S+~t~s of ~a u~d h~vinp iq prin:.ip+l pl~u of
bus~n~as in th~ ~ity of Fwt PiKC~. St. lF~ci~ Cwrmy. Florida, lwr~inaita d~s:pn+ted as ~h~ " TCsAGSE."`~«...,,~
8~~ ~ ur! lawful money oi fhe United
WHEREAS !M MORTGAGOR ~s lustfy indeWad Io,tM MORiGAGEE in ths t~m of i • 9~
Stares advanced by ~M MORiGAGEE u~to ~he MO3tTGAGOR. +s ev~denced by ~ cr~r~in pmrli~oty ~ af+are~ d+te he~wv~tA, of wh::A ths idlowirq u~
Herds and f:y.,res a a ~rw coPV. ww~~: ' •~`t ~ • ~ 100210b9
s 18.300.00
Fon PKrce. F~a;d,~ Septe'~ber 6 19 74
for valve received, v.e a eithei of us, Fvan~ss to pay, wi~hart de+alcatian, ~a the ordc~ of FIRST FEUfRAI SAVINGS AND LOAN ASSOC~ATtON CC~
FOAT PIERCf at Fat P:erce, F:orida, thr sum of i i8 +~0=~ w~eh ~n:r~est from date at the rate of 9• S°.6 pe? snnvm, in monthly instal{-
~.~s aa fo!!ows: i- 1?1 on the ?~thd+Y af ~tober ~9_74 and a like aum on the correspa+d~rg dsy of each month N+ere-
a~ter until th! who!e be ful~y paid.
Each ins~aliment iirst shall be app;ied in pay~t of ~M inrere:f and thrn a: ths unpaid balance of tF+e p~u+c~p+d sum. If defa~h is n?~!e in st~
~.a~me~t of any insta~-~ent when due. and wch defauh coat+nues 30 daya, then at the option of the hotdcr. and withi.ot a~ othe~ noticr. all the remainirg
:.,srallments shall ba d.x and payabk at once. P~ivilege is givCr? to p~cp+Y this ra:r in whole o~ in {wrt ~t sny time wi~hout pen~Ity. Neithet iorebears~+ts.
nor scceptance by the hotder thearof afte~ a~y defauit in snY paYments herco~. shall be dzcmed extens~on. A Iate payment chuye of s 8. 55 sh+ll b~
added ~o each ~~srai~rnz~u remaini~ unpa:d 7 deys ~iter its dw da~e, and a like sum sha11 be addQd ro each such installment remaining unpa~d 7 d~ys aher
r~ch succetding pay+nen~ date.
Exh make~. surety and endaser hrreoi, ~oinUy ~nd xvcrally, w+ives demand. {xesentment protest aod rutice of prWest fo~ na+payment, u~d fvrtl.ar -
agrees ro any extensia~ of time of payment, rither be(ore a aitei manNit~, without ~otice to any of us; and to pav al! costs of colkctiw+, indud+np ~
rrlsonabk stto-r~ey's fee in the evmt of sny default he.eunder, and hereDy severallr waives a!1 b~nefit of homesttad ~nd exempt~on under the constitutbn
a•d taws of each State of the United 5tates, as aga~nst this obliga!~on or aoy cs~ension or re~wal hereof.
Wi~ness the hand ~nd s~al of e~ch party
_ s/ John P. Verakas ~
(s~?U
s/ Frances -t. Verakas ~
(sF~U
~.`27.45 ) State Revenw
''.~+anpr cw+cllted~ o.~~*sr-nW!)
w~ v~ ~ ww++ 18 300.00 .~+d rbe o.~~ of ~h.
NOW, THEREFORE, the MORTGAGOR for ths W r of sscvr7 cn~ of sa~d sum of i • Pe'f
co,rrnanb and ag=e~ments he~einaiter e:preued. and for d~vers yood and wlwble cons~derations, by tl~ese prtsa+ri. does prant, barp~in, aell, rem:se,
<<;eax, convey snd conf~rm unto the MORTGAGEE, iti successors and assign~, afl that censin lot, piece or p~rcel of lu~d, ait~ate, lyirg, and beiny in 11~e
County of St. Lucie ~nd Stste of Fbrids, described ~s fdlows:
A conc~ominiur~ parcel designated as Apartment No. A, Building
Number 203, of iilGt~POINT O~ ~ORT PIEPCE C~ONDO~tINIU~f SECTION I,
a condominium accordin~ to the Declaration thereof, dated
August l, 1474, and recozded in O.R. Book 230, at page 2201,
inclusive, of the public records of St. Lucie naunty, ~lOZida~
toqether with all of the appurtenances thereto, all accozding
to said Declaration of C~ndominium._ •
SOBJECT to all of the provisions of the Declaration of Concbminium
I and Exhibits thereto, and any and all restrictions, reservations,
ease~ents, Iicenses and includin~ a lease reccrded in O.R. Book 226
at paqe SSS of the public records of St, l:ucie Couttty, Florida, wt~ich
the parties of the first part assune and agree to Rerforn and abide by.
SUE.JECT to the ter~s, coveaants, agreements, obligations and pzov~sions
of said Declaration of Condominium which ~tortgagor in all things does
cove~nant to rlortgage~ faithfully to observe and perform.
. S ~ ATE ~F F~....~ P. I JA ~ ~i~~o ~ ~ ~ ~
DO~'UMfNTARY ~',:'~STAMp tfa? ~
~E~T. Vf ReYEDWE f" , ~ DIE WI Cl14SS'C'-IIIiN161~1E rElll011i11?RO~ERTY
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+ogether with all and si~gular the tenements, he~editsmenn and +ppurunces tixre~w~ro belongirg or in +oYwise appenaa~4g 1herMo, snd sll rMts, issu~t.
c,oceeds and p~of~ts xuuirg ~rxi to ~cvue from said premises, all of which s~e inchrded in ih~ above and fot~poirg dettripfio~ Md I~b~dwn-
TO HAVE AND TO HOW the above described and granted prem~aes unto the s~id AAORTGAGEE, its wa.essors ud +ssiqos forew?• Md the s~~d
:~ORTGAGOR for ~h~~---- heirs, e:ecvtors. ~dminist.awrs and aisigro, hereby ooven~nn with tl+e s~id MORTGAGfE, ifs waessws +nd asipn~,
•~ar - theY are _~,r„r„~h se~zed of the wld prem~sss in fee simpl~: that the s~me srs fr~e, ck+r snd d~sch+?~ed from ~II l:sr~s and ~ncua?
~.a~ces io bw o~ in equ~ty, and eN.at they w~ll and th61Z he'vs shall w~rraat and defend the titl~ w th~ sarn~ to tl+~ s~W
'1.~•RTGAGEE, its successon and auig~s, forever a4sirat the I~wfvl ctsims and demands of ~II pers~xu;
~ PROVIDED, ALWAYS tFWt if the MORiGAGOR shall p~y unto the MORiGACaEE the pranissoryr no~~ hireinbefar~ described and ti~ll truly, proenptly
~;d fulty perfwm, d~scharge. execute, comp?ete, cornplY with a~d ~b~de by esch a~d every the stipulsYa% +9rcemenls, conditions snd toven~nb of i+id
crom~sswy note and of th~s Nbrtgage, then this Mortgage snd the Est~te heieby veated shsll cs~st and be nvll and void.
IT IS UNGERSTOOD tt+~t the word "Mo.tg~gor" wl+ether in ffie t;ngular or plwsi ~nywhe?~ in tl+is Mort~+g~. sh+ll be sin~ular if ont on1Y +^d p~
shall be plu~al 'pintly ~nd severally if more tMn one. snd that the word "their" ss u~ed anywhe+~ in th~s Mo?~9sy~ sh+ll be taken to me+n "his,° "has,'•
or "its,.• wherever the conte~et w~rrtplics a adm~ts. Also, tF.st wherever the~e is ~ refaence in the covenanb u~ agreernents hetein oontained to ar/ d
she psrY~es hereto, the same shall be const~~ed to mesn as well as the hein, leyal rtpresentatives, waesson and assip~s (eithe? vduntary by stt of the ~
parr~q o~ i~vduntary by oper+twn of the law) of tt?e ssr.w and tMt rhe coven~nn herei~ contimed sh+ll bind sr~d ?he bensfin and ~dvanapes i~wr~
ro i~e respective he~n, k9sl represent~tives, wccesson a~d ass°y~s of the put+es hereta ~
qnd uid 1V?ortgsgors, for tFrcmselves snd their heirs, leyal rep?esent~tives, succsssws and auipro, her~by lointly wd swaslly oovN+arM and apne
r~ and with the ssid MORTGAGEE, in successas and assg~u:
1. To psy all and sirgulu the principal ~nd interest and the vuaus snd sundry sums of mor+ey P+Y+ble bY virtw of said pranissay not~, ind Nws
mortga9e, each a~d evMr. P~omP~h on tF~e dsys respectrvely fhe same xv~rally become dve. :
2. To pay a~l and s~ngolx the tsxes. assessmenn. Irries, liabil~tie~, oblgstans and ~ncun~ances d~ve*Y nstvn ~rd kk~d now on said desv7b~d ?
v~~~Y• a that hereaher msy be imposed, wffend. p~aced, levied, a ~sses~ed thereon, or ~1?n hereafter may bs twied or ~essed u~poe~ tNs Morq- {
~ge, or the ir~debsedness sece:red herebY, each and every. when due snd psyabk, accwdinp ro l~w, before N~ep becans delinqwnt. ~nd beion ~ny im~tw i
e
attaches or sny penaliy is irxurred; AND INSOFAR AS ANY THEREOF IS OF RKORO TFfE SAME SFiAII 6E VROMPTLY SATISFIEO AND DISCFIARGE~ Or t
RECORD AND THE ORIGINAL OFFIt1AL OOCWNEN? (SUCH A5, FOR INSiANCE, THE TAX RECEIPI OR T1tE 5/1TISFAC710N PAPER OFFICIALLY fNDORSE~
OR CERi1FIE0) SHI?ll BE PtACE~ IN TME HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMCN7; u~d i~ the event thst any thereof is no1
paid, sat sfied and d~scl+ugcd sa d MOR~GAGEE may at any t~me p+y the same o~ s~y p+rt thereof without waiving o~ affedirg sny option, lien, equity or
•iqht vnder w bv v~rt~e of rh~s ~nor~gagt and the ~ull +mount of exh and every such payment sha!! be inrnedia~eiy dve and payable and shall bear int~~est
~,o,,, +i:o dare r~,r.~~: ~ ca •are o( nine pe? ce~tum per ann~m and toge±her with suth interest shsll be sttured by fhe lien of rh s mo~g+a3e
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