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HomeMy WebLinkAbout0996 ~94~06 ~ THIS INOENTURE. N1~d~ tM 2~h d~y of October A.D. 19 74 b~?we~~ , .JO$ V~ ~1' of St• j.LIC ~ ~~fy Fla{d~, Mninaftw dNip~uted +s tM "MORTGAGOR," ~nd FIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF FORT PlERCE, • aorpor+i'an apadstd and ~xistirg w~dK tM lav~n of tM Uoit~d SatN of Aerw.ka u~d Mvinp In priodp+l Pt~u of buain~u in tM Ci1Y of Forf PiKa. St. lucN Cou~ty. Florid+. Mr~laah~r dt~ip~ut~d u thi "MORTG/WEE." WHEREAS th~ MORTGAGC~It b~atiy ind~bt~d 1o tM 1NORTGAG£E in th~ sum of t 30. ~00. 00 qood ~nd Iwrfui mon~Y of tM Unit~d S~at~s +dvancad by iM MORTGAGEE unto tM MORTGAGOR, as evida~ced by • tertain p~omiuory not~ ot even date F+~~ewith, of whicA t(» followi~+p in words aod fgw~s k a trw coPy, to-wit: No 1Q021107 ~ ~ Wrt Pi~m, ilorida. ~CtObf! 28 19~'~ for valw rsc~ived, 1, we p eilFxr of us, ptomiss to pay. without defslusion, to ~he orde? af fIRST FEDERAt SAVINGS AND LOAN ASSOCUTION dF j 3~ ~~0 ~ w~th intereit (rom data at the nte of 9• s% pe? annwn, in monthly install- ! fORT PIERCE a1 Fo?t Viace, Fbrida, tM s~m of ; • mznti u foltows: f 263.~0 on tM 2~h day of F~Y~ry 19 75 ~nd a like :um on tM cwrespadinp d+y of each mor?th therr eiter until tha whole bs fully p~id. Each irotaliment first shail b~ +pplied in paymen~ of ths lntersst end the~ on tM urtpsid b~l~ncs of the p~i~c~p+l sum. If def~uh h m~d~ in th~ Faymtnf Of My uutailment who~ dw, snd tuch deiault continues 30 days, the~+ a1 the optan of the hoWer, and without ~MI otha notiu, all the rem+ininp ~+utallments ~h+ll be du~ and payable at a+ct- Prinile~ is yiva? to prepaY thn note in whol~ o? in put at ~ny time witFavt pe~slty. PMither fonb~arM~os. nor saeptae+c~ by the hotder thercof afte~ ~ny default M+nY paYments hsreo~, shsll be deemed externio~. A late paym~nt cfiu~e of i~s~~. ~hail b~ added ro each inststln+ent remaininy u~p+id 7 days aNer ih dw date. and a liko sum aha!1 bt +dded to each such installmer?t remaininp unpaid 7 days ~her each sbcteedi+q paY^+e^t date. E+ch maker, iwety and endaser hereof, jointly and teverally. waives demand, prexntmeM protest and ~otice of protat for oonpaymenf, and further agrees to any extension of t:me of p~ymtnt, etther befors a after msturiy, without notice to any of us; and to pay +II twls of mllection, i~cl~np ~ reason~bk sttaaey i f~e in ths qvent of ~ny .deiwit hereunda~: ~nd hereby sareraly waives a11 benefit of homesiead and exemption v~der the cot?stifutbn and I~ws of eath State of the Ur~ited Sqtes, as ag+inst tt+ii obliyation a sny extension or renewal he~wf. - Wi the nd and sea) ot eac1+ party. • s se ~h Vi ~wU !1 t r. tsE1?u - ~ , ' a icia ~wu ~ 5 t.t~ . R~~,. . - . ~O`~ 7 30 000 00 NOW, TNEREFORE, ~t~t N10RTGAGOR for th~ purpose bf secvring p~ymeni of said sum of s ~ ' . ~^d ~ P°~Or~^O~ covenants and ayr~emenn here+nafter expressed. and for dyen good snd wlwblt co~siderations, by thes~ presenn. does ~?ant, bu9+i~, s~ll, remise, reiease, convey ud c f1'~m yto t MORTGAGEE, iri wcceswra +nd auigos, all that ceh+in lot. piece or parul of land. ~itwt~. Irinp, u?d bei~p in the ~L.' +.11C~@ and State of Fiwids, desv~btd a fdlo~ws: Counry of Lot 5, Blodc 89, 9~UTH PORT ST. LUCIB [)NI? 5, accoYding to the plat thereof on file in Plat Book 14, Pages 12, 12A thru J, of the Public RecoYds of St. Lucie County, Rlorida, . , ~ ' _ i~.i~~ ; -~~''y P~'Y ~ i . _ ~F ~ ~-~`~4 ~ _ ~C P E~ aoti ~-0 .~4 M~ I. ~ r' ~ : yV m `Q ~Q~:D~StE ~~t~~ y ~,s OE4 r ~v+ . ~.~.w 0~' ~.a ~ 4~ " ; R~JVm 1!t PArifEM OF TIV~S ~r~ ~n ~:N~ - Dl~ ON CIASS'C tNTAN818LE PER90NIIl PROPf1i(Y~ p . ~ Purtsuiwr ~ cwwrEe n•i3t. ~crs aF iyn~ ~ . poca~ rom~ ~ cc~c cir~cuR couar, sr. u,c~ oo, Fu. rogetMr w~tl~ sll and tirgulu the te~en?enn, hereditaments snd appurt~e+ces thaeunlo belonQug a 1^ a^1^Nise ~ppwt~i^inp tMr~t°, and all nnts, iswes, c•oceeds ud profits acauing and to acvue from said premises, all of whid~ an included in the ~bw~ and fw~poinp dacription ai+d hab~~durt~ TO FUWE AND TO HOW ?he sbove des~ribed +^d 9~anted premises unro the said MORTGAGEE, ib suoc~ssas ~nd u~iD~s fo?twr• Md ~ s~b !~ORTGA for t'~ 1r - he;n, execurwi, adminisrraton snd assigns, her~by cavansnts with tht s~id MORiGAGEE, its wousw?s ~nd aaipro• ~t'~iey are .l,~t - Iswfuliy seized of tFr said prcmaes ie fee simpl~; tMt th~ wns u~ frM, dear and ~chatp~d fram ~II li~ro and ~n~ c.a~+:es in bw w in equity, and that they .w~u .~a -~heiL_ heirs shall wkraet and d~f~nd the title w the sam~ ro th~ said N;ORTGAGEE, ib successws snd auigns, faev~r syai~st the lawful ctaims ~nd demu?ds af dt p~rsoost _ } ~y ~ore hsranbeioro desuib~d and ~hali trvly. W~MN r PROVIDEO, ALWAYS that if tFK MORTGAGOR shall unto ths MORTGAGEE the prom~sw~Y ,~,o fully perfo?m, discharge, execute, comp e. comp~y with arxl ~bide by e~ch and every tF~e stipulatio~s, apreemertts, conditior~ and covensnts of s+id ~•cr,~ssory nore and of rha Mor~y+9e, r~his MonQays ared Na Es~sfe hereby aested slwll cess~ and b~ rwll and v~oid. aao IT IS UNDERSTOOD that tF~e wwd "Mwtg+por' wMther in tF+~ singub? o~ plwal ar~ywhen in tha Mwty~pe, shail b~ sinpular if ont only and ~ ihaH be ptursl joimly ~nd sweraly if more tiw~+ ons. ~nd that tM-word "their" as v~ed anywhen in d?i+ Mwtya9a sl+~ll b~ bken to rew~n "his." "hers:• cr "in;' wherava the oontext w implies or sdmin. Abo, that whe?ever the~e is s refaenos in the coveoann and aqr.emenn lnrein comatrwd ro any of ihe pari;es hNete, th~ s~ene shsll b~ co~?ttrwd to me+n a well as tM heirs, le9+l r~present~tives, svccestors and auipro (titM~'volw~tary bY ad of 1M pa.t~es a inwluntary by operaion of th~ Isw) of the sam~ and that tM cove.~aon herein cont~ined sh~ll bird and tM b~nefi» ~ed advantp~s kwra ro ihe respective h~irs, 1a9+1 rcprese^tatives, wcussors a~d au?pro of tM partia hereta And s+id Mortyapo?s. fw themsslves ~nd tl+e'v Mirs. ~p+l repr~sent~tiva. sucoeswrs and wipns, hereby ~ointly and sevar~lly oov~nant and.pr~ r~rj~ ro and with ths said JIAflRTGAGEE, its suaessors end assiyns: . 1. To p+y all and sirgulx the ai~cipsl and inNrest and the v~rious s~d wndry sumt of moeey p+yabk by virtw oi iaid promissory note, and thb mortgage, exh and ~very. PromWly oo tM days respectiveiy tl~ sam~ ~everaUy becomt dw. . Z To piy d! and sinp~la tF~t taxes, astessm~n~. Iwies, li~bilki~s, obliQstions and e~cwnbranus of ~vs~Y nstwe and kind now on sald dswiF»d P~op~rtY, a Hut here~fser may b~ impasd wffaed. P~+cad, levied, a a~essed therwn, w that Iwreafter may be kvied w pwss~d uPon N~is Maq' age, or rFN indeWedness sea,red her~by, ad~ and every, when d~e .nd psyable. ~ccA.diny ro law, btfa~ N+sy becon» delinqwm, r+d b~fw~ +~Y irHKat arraches or arryr penaMy is inturred; AND INSOfAR AS ANY THERfOf IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIED AND DISCHARGED Of RECORD AHO THE ORIGINAL OFfICIAt OOCUMENT (SUCH AS• FOR ~P~STAIVCE, ~HE TAX RECEIPT OR THE SATISfACTION PAPER O~fICIALIY ENOORSEO OR CERTIFIED) SHAII 6E PUCED IN THE HANOS Of SAID MORTGAGfE WITHIN 1EN ~AYS NEXT AFTER PAYMENI; ~nd in the ewnt ~tMt any thenof a nw Pa~d. sat'sfied and d~xharyed sa:d MORTGAGEE may ar any ~ane pay rhe same w any pan rhe.eof without wsivinp a~ff~ctieg a~ry/ option. Iien, puity or f •~aht under a by virtue of this mortyaye and the fvll sroount of each ~nd every such payment shall be im?ned'utely dw snd pay~ble +~+d sh+~~ b~u inter~st j~Um +he date rhereof un~~~ pa'd ar rate of n3oe pe~ centvm per snnum anA toge~he~ w~th such i~tenst iMll be ucu?ed by fhe lien of th's morgtafle. ~ ~ »~~.s~s~w; . ~ ~'~~r.,~'- ~ '~n' Ts' ~ a` . ~ - ~d . - `~'~~.,a.~a : : ~ . z _ i ~ _