HomeMy WebLinkAbout1459 v
t a,;;~? ~i ~ ~.:t~ 2926'72
1?+is iNOernua~. M.d. tn. 30tih d.,, ,f 3spt~absr i9~ b.~..~ ~
J~e R. Dashi~ll and Rslen 3. D~ahi,~ll, bie vifa ~
of Qt• T~11Q~ , Cow+ty Flotids, hereina(Nr desisnitad th~ "N10RTGAGOR," ~nd FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a capaation orp~nized and ~awtinp unda 1h~ laws of tM Unit~d St~t~s of Ar~lp a~d ha1~+~1~ y1~+c'f{~ P~+~ ~
buiinqs in tM Clty of FoH Pi~rce. St. tuw Cou~y, FIaW+, her~in~hK deii0n+ted ~i tM '23RT~OGEE.'~' ~I~s
WHEREAS tM MORTGAGOR a justly indtbt~d w tM MORIGAGEE in the sum oi : ~ • , yood +nd ~awiui ma»y of tlr Un~ted
Statei advanced by the MORIGAGEE unto the MORTGAGOR, as evidenced by ~ cerN~n pran+ssay no~~ of even dnte Mr~with, of wh;ch tlw folbwinp in
..ords ~nd fipur~s it a t~w copY. to-wit: . ~ l. ~1W8
s3.~, 000.00
F«~ P~.~.. F~a~a., 3ep~t,sab~r 3~, ~9 ~
Fd value ?aceived, 1, we w either ol us, p~om~se to pey, without defalca~io~, to the order of FIRSi FEDERAL SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERCE at Fort Pierce, fbrida, the ium of 5--~~~- - w+th inrereit from dafe at rhe rste of ~96 pe+ an~~m, i~ mo+?thiy instell- ~
~nr~rs as followa: S 2~•~ on ?he ~Y~W._ day of x~r 19
~ and e like sum on the correspa~dirg day of estfi month tMre- i
a~rar until the whola be fully paid.
Each installment first ihalt 6e +pp~~zd i~ P+Y^+~~~ of Ihs inte~est and then o~ the unpaid balance of the prindpa) sum. If defa~lt h msd~ in ths
~.a;meot of a~y installment when due, and wch deFault continvei 30 days, then at the option of ths hdder, and without aMr other ootice, sll the remainu~y
~r~stallments shall t;e due and payabk ar once. P~ivilege is given to p:epay this nole in whole ot in part ~t any time without pena~ty Nq~tF~er1o~ebeu+Me•
lO.vS
nor accepta~ca by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment tharg~ of f--.-. s~+~~~ ~
: dded to each ioitallmem remain;ng unps~d 7 days aher its due date, and s i~ke :um shall be added tu each such installmenR.~ema3~ing w~paid 7 dsys aher
each succeeding paymeni data
Each make~, surety and endorscr hereof, joinrty and saverally, waives demand, preuntment protest and notice of protesl for nonpayment, and fwther
a~rees fo any eztension of t~me of paymsnt, eithar before w aher maturity, without not~ce to a~y of us; and to pay all coib of rnllection. includirq a
re,~sonabls attwney's fee in the event ot any defauh herevndar, and heraby atverolly waives sll benefit of homestead and exemption veder the tonttifution
a~~d laws of each State of the United Sta!es, aa against tAis obl~gation w any extension w renewal hereof.
Witness the hsnd ~and seal of each party.
3/ Jotun B. Daehisll ts~w
~u
S Hs en s. D~ahiel ~
~
~ _ ~JY ~ ~ State Revenue
t~an~plM~eMMlerdn'erR~R~'+~tfR.'P •
NOW, THEREFORE, the MORTGAGOR for the purpox of se~curing payment of said sum of i~3s~0~~ and the perform+nce of ihs
covenants and +greements hereinafter expressed, and fw divers pood and wlwble cons~derstions, by thea~ prasents, does prant, bary+in, ull, remise,
re:ease, convey and conf~rm unto the MORTGAGEE, iu wccessors and auigns, all that certein bt, piece or partel of la~d, titvate, lyirg, u~d beirg in th~
County of ~f~ and Srate of Fbrida, dewibed as follows:
Condaaiaim~ Parcal Ko. 225 0! CAPSTIIA Z, according to Lhe Declaratian Q~
Conda~dnin~ tfisrsof, recorded fA Ofiicial A~cord Bodc 232s at pagea 619-T11
oi t~s Pnblia l~ecords of 3t. Lqaie Cou~~, 1~lorida.
S~gJEC? to tsrae aud aorfdiLiona o! aaid Dsclaratiion o! Dondodnimr, the
llrticl,es of Inaorporatian, B~-L~a, and Dsclantioo of Ca~snants and
Reatrlctioaa of Oasan oillaBs ProPsrtT O~ra~r~ ~~soaiatiaa, Inc. s~rith
~hicb t~er~ and cotditiona tbs aortgsgor co~v~ensnt.s to cc¦Q7,7 and psrtort.
;
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~ .
~ ~STATE ~F ~LORlDA~
c~z ~ DOCUMEfV7ARY ~ STlaM P T!a
c°-+ ~ - DEPT. QF REYENUE ~Pt" ` ~
- = at-rTS ~ ~ • -
- _ - " _ ; 3 4. 5 0 1 ~
- M pa. .
. c~ ~ 1li0z . : R~ ~ IN PAYYf1N OF TAXES
~ . . DUE ON CIASS 'C' IIiTAq6iB1.E PER~IW. PAf)PFA(Y,
PURSIlANT TO f~IArTER T1-134. ACT'S ~ 1971, m
, iDCER /OtiRAS
CIERK CiRplR OOU(if, ST. LJlCIE 00.. fUl
rcgether with sIl and singulsr the tenements, hered~taments snd sppurtances thereunto belonging ot in anywiae appertaining thereto, ~nd all rents, iswes.
c•oceeds and profits acuuing and to accrue from aaid premites, all of which are inciuded in the above snd forepoing dtwiption and hsbendum.
TO HAVE AND TO HOiD the above d~cribed snd granted prem'rus unto the said MORTGAGEE, iN wouswrs aed s+si~ns forever. Md fht ~aid
4.CRTGAG~OR s(or h~~rs, executws, administrarors and assigra, hereby coven+nts with the said MORTGAGEE, Hs suctessors a~d +s~iQ~r.
~tiar -~~i-~-- lawfully aeized of the said prem~ses in fee simple; that the s+me aro free, ckar ~nd discMryed fran dl liens and ~
brances in lsw w in equ~b. and that t~~ - will and t~~ hein shall wurant and defend the titl~ fo the sam~ fo fhs said
'1!ORTGAGEE, its successors snd auigru, fwever against the lawful claims and demands of all persor?s;
PROVIDED, ALWAYS that if t1?e MORTGAGOR sMtl psy unto the MORTGAGEE the ptomissory note Ixteinbefore dewibed and sM~) tru~Y. P~«^Pt~Y
~ and fully perfwm, discharge, execute, complete, tomply wilh and abide by each a~d every the stipulatioru, sgreemer?ri, conditions and coven~nb of ssid
:,~om~ssory rate anci of this Mortgage, then this Morlgage and thc Estate hereby ueated shall ceas~ and be null a~d wid.
~ IT IS UNDER5700D tFsf the word '•Mortgsgw•• whether in the :ingufar or plural mywhere in this Matyape, shall b~ sinpulu if one only and
~ s~;at! be plural jointly and uversfly if mors thsn one, and that the wwd "fF~eir" si used ~nywhere in fhis Mwtpsye shall be t~ken to mean "hq;"'hen," o~
~ o~ "its," wherever the context so implies a admits_ Alw, that wherever there is e refere~ce in rhe corenann a~d +~reeme~n her~~n conrain.d ~o +~y of ~
rne parties hereto, the same shall be conserued to mesn a~ we10 +s the Fxirs, leyal representdives, successon +nd +ssi~ro (eithe? voluntsry by acf of the ~
r-artles w invo4untary by operation of the law) of the same and that the c~ovenanb herein contained shall bind ~nd tFw bsnefib snd advanfapes inw~
±o the respective hein, legal representatives, wcceiaor~ and ass~gns oi the parties hereto.
And said Mortgagors, fw tFkmsefves and rF~eir heirs, legal representatives, successon and auiyro. Ixreby jointly and sevaslly oovenant a~d ~pne ~
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+o and with the ssid /KORTGAGEE, i~s successon and suig~s: ~
1. To psy all end iingular the principsl and imerest and the various ~r+d sundry wms of moriey payable by virt~re of said promiuory note, and thh R+
rnortga~e, each +nd every. Pr«~Pt~Y a+ the days respectively the same severally become due. ~"'a
_ 2. To p~y all +nd N+gulu the taxes, assesunents, bvies, li~bilii~es, oblig+tions e~d sncvmb~snces of every nstur~ and kind now on s~id dacribd F~
praperty, or th~t hereaftN may be imposed, wffe?ed, plated• levied, oe assesscd thereon, w that hert~fte~ may b~ kvied a us~ased ~rpon this Mort¢ ~
age, w tlr indebtedness secvred F+e~eby, escl~ and avery, when dw and payabk, xcordir?y ro law, befwt they becane detinquent, and b~for~ ~ny int~?at
a+taches or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL SE PROMPTLY SATISFIEO AND OISCHARGED OF
?ECORD AN~ THE ORIGINAI OFf~CIAI DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RKEIPT OR THE SATISFACTION PAPER OfFICIALLY ENDORSED
OR CERi1FIED) SHAII BE PLACED iN THE H/1NDS OF SAID MORIGAGEE WITMIN TEN DAYS NEXT AF7ER PAYMENT; and in the event thst any thereof is no1
z Ga~d, sst sfied ~nd diuhuged sa:d MORTGAGfE may at any time pay the same or +ny pa?1 ~hereof witFwvt waivi~g ~+ffediny any option, lien, aq~ity or
•~qht under or by virtue of th~s morrgage snd ~he full amo~nt of each and every svch payment shall be immediately due aed p+y~bk ~nd shall bear interett
s.om th= dn!e +he~eof ~~~r~l pa d a! ~ate of nine per centum per annum ard together w~th tuch interesl sh~ll bt setu~ed by 1he lien of th's morgtaqe.
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