HomeMy WebLinkAbout1989 ~i?~7a7~J~ ~
17th Sept~mber - n.~. 19~~4..t.:_b.+~.~++
THIS It~DENTURE, IIMJ~ th~ day of ,
• _sl,~}L~stts B~.s?~ a ainele a utt ' E''
af St~ »C~e - Cow+ty F~uida, 1?Kein~ittr d~~iynated ~i tM "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, ~ cwporation o~y+niud and ~xis~inp undK tF?~ laws of tlN Unif~d StaN Of MNfit~ and F+~vinp it~ principal pl+u of
b~sin~ss in th~ Ctry o~ fat PiKU. 51. luti~ County. Florid+. h~nin~flK daipnat~d a tFw "MORTGAGEE.••
WHEREAS tM AAORTGAGOR ia ~atly C~W~d b tM MORTGAGEE in th~ avm of i SS ~(X1A_(Xl pood and lawful ma~y of the Un~ted
Sates advant~d by ths MORTGAGEE unro tM MORTGAGOR. as i'V~idenad bl? ~~c+rf+~^ P~o'^iu°~Y ^ot~ of ewn dat~ Mr~with, of whlth the falowinp {n
w«ds ~nd fipurea ts a uw copy. lawit: ~,~,11000263
: 5..4~foo r s ~ - ~ ~ ~ , n,~
~ ~ ~ ~ . Fwt Piera. Fbrid+. SPf1+P~~AT
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fa vatw raceived, 1, we or eifher of us, pcomi~ to pay, wilhout d~falcalioo.Jo tht orda of FIRST FEDERAI SAVINGS ANO IOAM ASSOCIATION Of
FORT PIERCE at fwt Pisrce, flwida, the ium of i~s~~'~ with interest from date at th~ wte of ~_Ye pK +M+~. ~^o^~h~Y i^s~d4
ments ss foltowa: = 481.00 ~ the .j~..Q~L day of ~~'P~ L 19~_ and • like sum on ths correspa~d'u+p d+y of each mo~th then-
efter until the whol~ be fuily p~id.
Each instdlmenl firsf shall ba ~pptied in p~ymeM of the inte~eit u+d then on the unpaid balance of the p~incip+l wm. If defavlt is made in tM
payment of any installmeM whsn dw, and such d~fauh tontinves 30 days, 1he+? st ths optan of th~ holder. and wi~hout any other notice, all the rem~ininy
~nstallmenb ihalt be dw and payabk a1 once. Privile9e is piven to prepay this noa in wFwl~ w in put at ~ny tirrw without penahy. Neither forebtaranu,
nor accepta~ce by the~ holdar thaeof airer any default in anY paYments hereoo, shsll be deemed extensia?. A late p+Y~^t chsrye of i2~ sMll b~
added to euh iroqtlment ramaining unpaid 7 d~ys ~RN Ns dw dat~. and a like sum shall b~ add~d to esch such ir+stallmer+t rem~ininp wyaid 7 days ~Aer
each succeeding paYme^t date.
Each rn~ker. surey and endorser hereof, joinHy and severally, waives demsnd, presentment protest end noY~ce of protest fw nonp+yment, aod fwtMr
agrces to a~y extsnsion of tim~ of payment, eithe~ befwe a ~fter m~fwity, wfthout notice to sny of us; snd ro pay all costs of coltection, inclvd;np ~
reasonabk attorney i fee in the event of any default hereu~der, and Mreby saverally waives ~II benefil of home~tead and exert?ption under fl+~ conatitwioe
and laws of each State of the United States, as +g+~nst this obli9ation a+ny exte~sion w ~snewal }?e~wf.
Witness the hand and seal oi each party,
S/ J. ~lugustus Brice, ~
- a Single Adult ~
(~?q
(SEIU)
t s$2•~ ~ Stah Reve~we .
NOW, THEREFORE, the MORTGAGOR iw tM p~rpo~a of secwiny p~yment of said sum of = SS~OOO.~ ,~nd tM perform+~u of ttw
coven~ms ~nd apr~ema+ts her~iruiter ~xp~eued, snd fw divcrs pood and wl~~bl~ considerations, by thes~ presents, does gr~nt, bary~in, sell, rcmise,
relesse, conwy ~nd oonfi~m ynro the MORTGAGEE, in succeuws and auiyns, all tF?at ceruin lot, piece or pucel of land, sitwte, lyirg, ~nd beinp in tM
County of St. ~UCle and Sqta of Flor~da, dewiMd ~s follows:
Lot 6 of FEE PROPERTY SUBDIVISION as in Plat Book 4~ at Page 44~ of the St. Lucie County~
"Plorida~ Public Records~ together With riparian and Littoral rights. Excepting hosrever,
all rights-of-v~ay for Florida East Coast Railroad, and for public roads.
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pC1 •7'7~ IN P11YMFlIT OF TAXES
ers = P.e.'" ~ DUE ON Cl/1SS'C' IqTAli6iQLE rER90lIAL ?ROPERIY.
~~~~oz PURSIIANT TO GMrTER T1-13~. A~TS ~ 19)1.y~
~ ° . - ~/y~E~A{~ ~PO((~T{RAS~y~,c ~
~ V4L~V~ {I~/{4{~I~ Y{/VR~~ ~1~. LARIK Wy fV~
rogether with all and sir+gular the tenamenn, heredifamenri and app~?rtances thereunb bebrgi~g or 1n a~Yw~ ~PP~~aininp therero, a~d all renb, issws.
proceeds and profib acvuiny and to ~cuue from said prsn+'~ses, alt of which u~ i~d~ded in th~ ~bov~ and fors~oin9 d~sc~iption and h~bendum.
TO HAVE AND TO HOW the +bovs deuribed +od yr+^ted Prem~ses unto tht s+id MORTGAGEE, its waeswn ~nd auip^t fo?eva• Md ~~+~d -
MORTGAGOR,fw ~113 hein, executat, administrators ~nd ~ssigra. l+.~eby oove~+nn wi~l+ *h. said MORTGAGEE, its suaeswrs and +ssipns.
he is
rF~st - lawfully aeized of tlw ssid premis~s in fe~ simple: that th~ sams ~~e fre~, ckar ~nd disch~rped fran ~II liens arwl ~cw~r
t,?aeces in law w io pui?Y. +++d th+t he will ud his ~,e;,, ~hsll warrant and d.fend rM rnk w ih. sam. a rh. said
MORTGAGEE, i» successon and assigns, fwwer +~+inst th~ I~wful claims ~nd demands of all personst
PRaVIDE~. ALWAYS tMt if ti~e MORTGAGOR sh+ll pay vnto the MORTGAGEE tht p?omisswY not~ h~reinbefore dearibed and ~MII trvly. promptly
end fully perfwm, d~scbarge, execute, camplet~, comply with snd abide by each and every th~ sfipubtions, apreemenri, condiYara ~nd cov~nsn~s of wid
~ prom~~swry not~ and of this Mwtgaye, then this Mwt9s9e +~d the Estsie hereby ve~ted sFuU csas~ and b~ m+~~ +++d roid-
IT IS UNDERSTO00 th~t the word "Mortyapor" whether in the singular w plwal ~nywFiet~ in this Mortppe, sh+ll b~ sinpu~+? if on~ c^~Y
shsll b~ plwd ~ointly and twerally if more tMn on~. +nd that tF+~ wwd "their" ~s used ~nywh~n i~ this Mort9s~t ah+ll b~ t~ken ro m~~n "his.•• •'h~n.• 7~
or 'its;' wherever tFk context w implies or ~dmits. Also, thst wherever there a a ref~?ence in th~ aoven+en +nd +prasrnenn hu~in coM+irnd ~o +nY
the panies hereto, the ume ~hall be corutrwd to mean a wall u tlw heirs. Ipal repnsentativ~s. woceuors +~d ~ssp~s (either voluntary by ~ct of
psrties o~ invotuntary by operatan of the law) of the sarn~ and ~liat ~he covenanr• fw.ei~++ conrained sh+ll bind and ths ben~fin and +dv+nr+p.s i~w?
ro tM r~sp~etive Min. I~y+l r~presentarives, wccesson and ~ss~pns of ths psrY~ hereto.
/?nd s~id Mortys9ors, fw themselves ~nd tF~eir hein, legal representstive~, sucuuon +nd +ssipns, hereby lointly and severally oov~n~n~ +nd +yr~
ro snd with the said MORTGAGEE, its s~ccesson and ~uiyos:
1. To p+y dl ~nd sinp~lar tlw principal snd interat u+d the wrian ~nd sundry sums of mo~eY P+Y+~ bY virtue of a~id promiuwy note, ~nd Nr~
morfyaye. ~ach ~nd w~ry. Prar?PtFy on th~ d+Ys re+Pectively fhe iame sw~rslly becan~ dve. ~ P
2 To pay ~!1 and sirgvlar the tszea, a~sesunenn. Iwies, liabilities, obliystions and a~cumbnnces of every n+h??~ a^d kind now a^ uW
P~oP~Y, w tfiat hereaftt? may be iTPWld, SVffNld. P~Kld. Iwied, or ~uessed thereon, a thst he~s~Ha may be kv'~d a~ses~ed ~rpon ~b
a9s, or tM indebtadneu seevred hereby, exh and ~very, when dve and pay~b{~, scco.dinp ro I~w, beiae tMy becane d~linqwnt, a+d bfor~ +nY ieNUa
at~~~hes er ~mr penalty iy incvrred; AND INSOfAR AS ANY THEREOf t5 OF RKORO THE SAN1E SHAII BE PRONIPTLY SATISFIED AlV~ DISCHARGED Of
RECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFfCIALIY ENOORSED
OR CERTIFIED) SHAIL SE PIACED IN THE HANOS Of SAID NIORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the went thst any thersof is no~
paid, sat;~fied ~~+d discharged sa;d MORTGAGEE may at sny time paY tFx s~me a any p~n tFweof without wsivirg w affedi~g any optia?. IiM, puity or
.;qhf vnder or bY virt~e of tha mortg~ye and tM full anaunt of esch ~nd every such payment shall be immediately dw and p+y+bk ~nd shall bta~ intKat
~•om the date thereof uroil paid at ~~te of nine per cemum per +nnum and toyether w~th wch IIItNNf fMI) b! secu~ed by tl+~ lien of th[s morytape.
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