HomeMy WebLinkAbout0412 2~)84S2 , ~ ~
TNIS INDENIURE. Mads tha_ ~t!h day of NdVBt'1bBY' _ - A.D. 19 7~ , between
` Theodorou &_L~immett~ P.A•L a ~'lorida corporation~___ _ _
et.. ~~Q._ tounfy Fia~da, herrmefte~ des~~~~3ted as the'MORTGAGOR." and FIRSi fEL~ERAI SAVINGS AND LOAN
ASSOCIATION OF FOR1 PIERCE, a corporat~on organired and e~~s~,ng wider the (av.s oi tihe Un~ted S}atQS oi America and having i!~ pnncipal place of
!.~..s~ness in tM CitY of Fort P~erce, St. lucie Gounty. Fiu~~da, he~einat~er dtsignated as ihe "MOR(GAGEE."
WHEREAS Ihe htORTGAGOR is justly indeLted to the A'~QRTGAGEE in th.- su~• uf 5-~~?~~L~---- 9ood and la~niui mo~~ey ot the Un ted
-,~~a ou....~.~.+ t~... ...,=^r.~.~;c u.~oi~:nnnP P.,d.•n~.rt bv e cer:., c,rcmi3sorY note ot e.~rn date herew~th, of v.h:h tna iouowing in
~ds and fiy~:es is a ~rur .opy, to-+v~~: Na 1~•111•~K
; [n.1~Q?___-Q QU
fort Pierce, Florida, _ NOVQnib@2' _ 19~
For va!ue recr~ved, I, ~ne or ~•nhr~ o' vs ;~emnr ro;:ay, v.,~heut dr~e'c.+t~on, ro ti~•• orde' of FIRSI F~DERAt SAYINGS Ai~D LOAtJ ASSOCIAiION Of
:T VIERCE at fo•t P~~~rcr. ~!~r~.:a, tn= s~;~~~ :f ~ K6~~~~y'v - - "i'st £~c•n da'e a1 !hc ratr of 7 t~_°i per arin~~n, in monthly instalt-
•s e• 4o~:nws: S LL73~~ - ~~}'f ~e; cf P~~en~r ~~7~ _ and a like sum un tha corresponding day of each month thete-
. ~nLl ei,~ ~.vt.c~:a ix E~:Ity ra:d. .
Each insra!;rnrnt fint shail be app!~rd in i,, ~~•_nr of t1~e in~r~rst and ti"n '~'r '"';~'d baiance of the princ'rai sum. If dcfau!t is made in the
.nr ~f any ;u;tr~.n;~:,t .vh~n d~r, o::d s~c~, d-='~-: co,~•,.,,,rs 3~ days, th~r. at o,,r:•:n of ihe ha'.d~r. and r+i~hout any other not~ce, all the ~emain~ng
,,;,nen~s ihai: L~ due a~~J pay~:,:c o,~ce. P~~'.~~~•3•- 9i~~n to pre~ay th~s ~ote ln who•a or ~n pa:t at any hme without peoaHy. Neither farebearante,
+cceptance t.y the ho:cf~~r tV,ereof af~N, ar,y d~ f~~h in any na:~~~enfs ner~~o-,, s~ +R ~e de•~med extens~on A;are payment charge o( S_~~=~~? shall 6e
i ~o eccn ;~ii!e ~•r~•~:t ~rma~n,~~y :.~'•,~o.d 7 J~,s atter its dve :i~}e, anJ a,~~e s.,~n st~~l! be aJd~d to eact~ suth inataiiment re~na~ning unµaid 7 days after
. , soccecdi~y pa~n errt .lefr.
Each ma:er, surety e:~~i ~•ndcrse~ h•,reof, jo~:~t!y ~~,J Sevrra.ly, `na ~rs „~-r.o~•,.i, ~:rese.v~nent protest and not~ce of protest for nonpayment, and further
,...s to any ex'~•'~s~on o± t:~~,e o! ~~..~~r= ~ ~'~:e c:~ aii<.: mjr~.•~*.. .vn::,~r nc~::r to an~ of us; and to pay all cests of co!lechon, including s _
_~ab~e atrcrn~~y's fee the e~er~~ o`..:~~~ -i~•~=_~:• ~~~~~~~^=~~r, .:,~d t~_r,:br se.~-aily x+ives a~l benefit of homestead and eaempt~on urder t1~e constitution
_r c.. .w, ; i. .~r! S~a~~ s is ~a~~~.st ;n~s oL ~qa•~on or ~ny e.'r:,s~on pr renewat hereof.
.:LV~tness the nand ~~d sce: oi racn ~.arry- TH~~~j'T k 41~~ ~ P•A•
$3/ : Ce OTgB Z'}lE' Of~Q2'Oll ~ (SEAU `
' ~ ~ Pre s ident (SEAl1 1
~^rgorate seal affixed 4ttest: S/ Robert P I?Lmmet~., (SEAL) ~
' secretary ~ ~
•`~U~.6~ _ _ ) $tere Rc~enue
•c+t+npr eenee++e~e.re.igwa+-~+o*c}
NON. THEREFORE, the htORTGAGOR for ~he : urpc;~e oF securinq pay~e~! of sa~d s„m of S~6 and the perfpmance of 1he
:~nan~s and agrern t~~ts here~nairer ex~:resscd, a: c fo~ d~~en geod and .a~~~a~>ie ~o~s~de~ahons, by these presents, dces grant, bargain. se11, rem~se, #
con~ey a~sd co~~!~~m unto the MOR"vAvcE, ~rs s~tte>sors and assiy~s, a;~ that ce~tain lot, piece or percel of land, situate, lying, and being in the ?
~c_~ry of'--~i.~-T-LCie a~d Sfale of F!orida, de~a~bed as Eollows:
,~ndo~r?inium Parcel No. 33? of CAPSTAN I, according to the Ilec2aration of Condominium
±,?~Preof, recorded in Official Reeord Book 232, at pages 619-711 of the Public P.ecords
~ ° ~'t . Iucie County, ~`lorida .
~'','pJ~CT to terms an~ conditions of said Declaration of Condominium, the 4rticles of
'~corporation, 9y-Laws, and Dec?aration of Covenants and Restrictions of Ocean Village ;
"ronerty Owners' 4ssociation, Ine., with which ter~ and conditions the mortgagor ~
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~cvenants to comply and per~orm. -
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~ ;e~~.er w~th all and :ing~Ear the tenen~ents, hered~tamenn and anpurtancei thereunto belorging w in anywise appertaining thetefo, and all ~ents, issues,
. ~:eeds and profns accr~ing and ~o accrue from said prem~ses, ail of wh~ch are intiudcd in the above and foregoing deuription and habendum.
~ TO HAVE AtJD TO HOID the a6o~+e descr{bed and granted prem~nes unto the said MORTGAGEE, its successo~s snd assigns fwever. Md 1F~e said
~ ;'2TGAGOR for --~'~'5----- F~e~rs, e.ecvto+s, adm~nistrato~s and assigns, hereby covenants with the said MORTGAGEE, ita wccessors ~nd auiyro, :
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~ ___~~t_~..~_____- ;axfu~~y se~zed of the said premises in fee simple; thaf the same ~re free, desr and dixharged from ali fi~rq and encurtr ~
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_ , r,ces ~n law or in equity, and tha+__ it-_ w;~~ end heirs shall wsrram and defend 1he title to the sart+e to the said
- ~RiGAGiE, its successon and ass:gns, f~rever aga~nst the lawfui daims and demands of all persons;
PfcOY1DED, AlWAYS tha! iF ~he MORiGAGOR shal: pay unro the MORTGAGEE the promissory ra?e herdnbefore described and shsll truly, promptly
" ~ f~l=y perform, dscharge, exewte, comp'ete, mmpiy with and ab de by each and every the stipulations, agreements, [onditions and tovenanis of ssid
r~• _~n~ssory ncte and of this .'Ao:tgage, the~ thia Morfgage and the Es~a+e hereby created shall cease and be null and void.
IT IS UNDERSTOOD that the word "M:rtgago~" whether in the singular or plural anywhere in this AAortgage, shall be singulsr if one only and
a: be pluraf jo~ntly a~d severa!~y if more than one, and that the word "~heir" as used anywhere in this Mwtgage sha~l be take~ to mesn "his;' "her~"
•';rs." whe~e~er the context so ~mplies or admirs. Also, that wherever there is ~ reference in the covenants and sgreements herein co~tai~ed fo a~y of O
•,e parties hereto, the same sha,l be construed to mean as vvell as ~he heirs, legal represeMatives, successors and assigns (either voluntary by ad of the
j; . a•r:es o? invoiuntary by operat~o~ oi the law) of the same and ~har the covenants hereio contained shall bind and the benefits and advants9es inure
<_; ~ rhe respectwe he~rs, lega! represemat;ve:, successors and asrgns of the par?ies hereto. •
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~i~ And said 1'dortgagors. for themselves and their heirs, legal representa~ives, successors +~d aisigns, heteby jointly and severally covenant and agree r 1~
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•o and w~th the said MORTGAGEE, irs successors and assigns:
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1. To pay ell and singular the prirxipal and interest and the various and sundry sums of money payable by virtue of said promisswy note, and ti~is :s
~i' crrgage, each and every, promptly on the days respec~~vely the same severatly become d~e.
~ 2. To pay all and singulaf the taxes, assessmems, levies, liabiliries, obligations and encumbrances of every nature snd kind now o++ uid destribed
..ti~. ti_.__i.e. Fv ~mooud, wffered, olaced, levied, or auessed thereon, w that hereafter may be tevied w as~essed vpon this Mort¢ ~
a~e, or the indebtedness secured hereby, each and every, when due a~d payab~e, according to law, before they become delinqueM, snd be~ore sny intetdt i,yj
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~'*-ches oi any penafty is ~nc~rred; AND INSOFAR AS ANY iHEREOF IS OF RECORO THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGED Of ~
~'ORD AND THE ORIGINAL OFfICIAt DOCUMENT 1SUCN AS, fOR INSIANCE, THE TAX RFCEIPT OR TNE SATISFACTION PAPER OfFICIAIIY ENDORSEO
- = CERTIFIED) SMAII BE PIACED IN THE NANDS OF SA10 MORTGAGEE WITHIN TEN DAYS N'cXT AfTER PAYMENT; and in ?he event that any fhereof is ~ot
~ i " d, sat sfied and discharged sa d ~AORiGAGEE .^ay at any n.t:e pay the same or any part thereof without waiving or affeding ~ny option. lien, equity or
~ vndet or by virtue of this ~asgage and ~he fu~t amovnt of eath and every such paymeM shall be immediately due and payable and ihall bear intere~t
,~A ,1,,•~ r~~•e~' ra:d ~ate of n:ne per tent~m per annum and rogether w~~h wch interest shall be sec~~ed b~ the ~~en of ~6s ~c-g~a•3e
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