HomeMy WebLinkAbout1247 , ~ / :
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niis i~Hn~. ~.a. ~K 8th ~ ~~woarY ~ ~.r ~?.c. ioJ~... b.+w.«+
Richard Bighoa and C~therinQ B yhoa, s w e
of • L\1C~@ ~y hp~ie~fur dpqn~Nd as tM "MORiGAGOR.° s~d FIRST FEOERAL SAVINGS AND IOAN . ~
ASSOCtAT10N Of fORi PIERCE. a cwporation onpani~d and e~ustinp und~. tM l~ws of Hr Ihwr~d S~ata of Anwica u?d havinp it~ princlpal plaa of
bu~l~wss In t!» C8Y d Fat Pi~ra~. St. luci~ Countr. Horid+~. lwrsi~+~fsv drsip~»Md aa tM °MWtiGJ?GEE:'
WHERE/1S th~ MORTGJIGOR is justl~r ind~bNd to tM MORTGAGEE in dr sum of i~s9~. ~ qood ~nd lawful monty of the United
Stat~s advanc.ed by th~ MORTGAGEE unto tFw MORTGJ?GOR. +i wideoc~ed bY + oau~^ Prom~s~o~1l ^oh °f e`a^ d+t~ h~rewi~F~, ot which ~M followinp in .
~gd~ ~d_fig~is is a trw oopy, bwit: ~
t3 ~ 9vv.vc~ '~,11_
F~ Januarv 8. iv~_
For valw ~eaivsd, 1, vw a enhsr of w, prom~se to PiY% ~f~~'~iO^• 1O °f FIR51 fEOERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE af F«t Pieroe. Florid+. the wm oi S 8~ 9~ with interest from date at the rate ofQ...u~x. pe* +n+um. in mo^thly inital4
menn as fo~lows: i B.S• ~ on tlr~~- ds~r of Ra_?~r V 19~Sand s like svm oa th~ correspa?d7rg day of each ma+th therr
after until the whd~ be fully p~id.
E+ch insql4nent first shall b~ appl+ed in WY~neM of fht +"d rhe^ th° ~e~ps'd b~~an°° of the p~'~c'p+l wm. If def~utt is mad~ M th~
payment of any irutallmant whe~ due. and wd~ defaub oa?tirwes 30 d+Y~. the" at thc option of the holdcr. +nd withouf orher notice, all the remalnir?y
insfallmenri sh~ll be due and payable at onos. vrmie~. ~s ~ a prep~r M+s nae ~n w1+o1e or tn pan ~r .r~y r~,e w~thow pen+hy. NeNher forebearance.
4.25
nor acc~ptana by the holda thereof aha any detault r~ any pay~nenn i+s~eon, si~.:: be .iaRr.~ a~:~
•..:...~z. A:ssa pny.^~^! th±~.a!~ ei i__ 7 dsy~ aftsr
added to exh iosullment remaininp uepaid 7 d~ys afqr i1s du~ date, and a 1~7ce wn sh~ll be added 1o esch wch ins~allment remaininp w~p+~d ~
each s~coeediny p~ymsnt d~te.
Each en~ker. surety ud endwse~ hereof. io~,rb ~ s~.~ty, wa~ves demand. P~ese^tr^d't Protest and notict of protest fw nonpayment, ud fwther ~
egrees w my extension of time of psyment, either beforo a afie~ ~nahxit~?. without not~ce to sM of us: +nd ro paY ~tl aosfs of collection, inctvd~n~ • ~
reasooabls attomey
s fee in the event of arry defauit I+ereur~, and hereby severaly wa'eres all benefit of homestead and exemption under the cwatitvtion j
and laws of e~cA Srat~ of th~ United St~tes, as ap+i~at th~s obG9+tion a any eatension a~enewal hcrwf. :
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~tflli! 1EN ~NIld iI1~ fN~ O/ lK~1 pif1Y-
S/ Richazd Biaho~ ~?u
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' S/ Catherine Biahoa ~wu j
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13. 35 S?ste Re,ra+we
NOW. THEREFORE, t~ GAGOR for tlr pu~pose of searrinp P+y~went of ss~d aurn d~ 8~ 9~ • and the perform+nce of th~
covenants aod ay~eemenb hereinsfte~ acpresxd. and fa d~vers yood and v~tusb4~oonside~~at
~ P~u land, 's~tuste,tlyirg,,and bsinyrin tFN
reltese. coe?vey ~nd tonfirm wNo the MURTGAGEE, ils wocesson and +ssiyns,
~a,,,H St. Lucie ,na s.at. of Fb.id., daa~ed « idlowt: t
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Lot 12, Block 1 of C~LIfS?!Ii'H SUBDIVISION, according to the Plat +
thereof recorded in Plat Book 6, page 49 of the Public Reoords ~
of St. Lucie County, Florida.?
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~ s~ a' ~ zo cru~ra n-i~• ~crs oF ~y~~. l~~ .
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rogethar with all and sir~qul+r tlr M+a~~. ~~^0~ ~~""~O ~~g °f ~e~• ~ all renn, issws, i
proceeds snd profib ~oavinp ~nd to acaw fnwn said pemises. all of whid~ are i+CM~dad in the abor~ and tweyoirg dattiptiOn and Flibindum- ~y
TO HAVE AND TO HOID the abav~ dav~bed and yrseued Pre+^ise+ utio the s~id MORTGAGEE, its suocesson snd assijpK faw~r. Md th~ ~aid K
~ MORTGAGOR for t~l~ Z he;rs„ eaecv~ors~. ~d~ministratws snd assigrr, her~by oorense~ts with th~ said MORTGAGEE, its axcesson u~d usi~,
~ they d~e n fee simptr, Mwt th~ s+e~e +n fre~, de~r +nd ~~d from aN lieru and annm?~
that lawfully seized oi N+e said P~e~es .
~ o.an«s in taw w in eqvity, aed d~n+ theV w;l~ and th ~ r heirs shall w~naia and defend rF~e titt~ a th~ sxne ro th~ s~id
MORTGAGEE, its sucaesson ~nd ass+9ns, faever +D~iW tM lawfd daims and dnns~ds of ~d per~ons:
PROYIDE~. AlWAYS tF~t if tFr MORTGAGOR shall p~y unw the AIIORTGI?GEE the praniasorY roq hersinbefon desvibed and ~h+ll trvly. P~~^P~~Y
s^ and fufly petfotm, d'acharye• entuM, eompM~e, ao~plfr w~~ and abide bY eac1~ snd aw~p the q~Pulstions, a~r~ts. conditions ud ootien~nts of s~id
PromisswY rote and of this Mort9ape, tFnn tM Mort~qe and tFie Estate herebp veNed shall c~as~ and b~ rwll snd roid.
~ IT IS UNDERSTOO~ tFut th~ word "Mortp+yor' w1rctF,e~ :n the sinyula~ or plursl anywF~sn in this Allorts+y~. sh~ll be siepvlsr if one only and
~ shall b~ plural joimb ~nd ~everdly if mor~ th~n one, and tf~t the word `rheir" ss used +eYwhu~ in N"s Mort9s~t shall be tak~n to mean °hib•• •,~s.••
~ w'its," whereves tfie aonteit w implies a sdmin. Aho, tl.at wherew there is a reier~w in the oovaunts and ~preemenb herein oomained to +ny of • o,o
~ rhe parties hsre% the ssine slwll b~ oo~tn+ed a mean ~s weN as tIM l+eirs, ley~l r~setiati+res. wocess°'s and assigna (eithsr volvntary by act of tly
~ parties o~ a+voluot+rl~ bY ope~stion of tlr law) of the sarne and tF~st the oorc+~ams harein caaained shall bid and the bu~efits and ~dv~nt~pa imw~
~ to the respactiw heirs, k~l rspreserd~tiw~. wooeuors and ari~pns of the p~rties herew.
~ Md said JNort9sQas. fa thenueh?es and tF~eir he~s. kgal rsprese~at:ves. s~xcessas +nd +sip% herebY ia++ty and sevaaly cov~nant and ~pr~e ~
to and with the said MORTGAGEE. As wotestors and assiyro: . -
1. To psy all and sinpulr the pr~+cip+l and 'w~te~est and fhe various and sundrY fun~s of maKY P+Y+~ bY virtue of said promisfory not~, and tNs
rr+orl~+9e, sacfi and every. P~anpthi m rf~ d+1~ ~^'~h~ ths saine seueraU~l becoerw dw. ~
2. To p~y ap r~d ~ipvlar the qnes. anemn~nts, kv~es. liabilities. oblig~tio~s and erwwnbrsnces d ewry natw~ and kind now on s~id d~wibed
- properry, a tMt heruNer m+y be :~wed, suffK~d. D~+ud. kvied. a+~es+ed tl~aeon, o~ tMt I~eaft~r m+Y b~ kvied or assesed ~ipon this Mor~- ~
age, a tl» ird~bredneu ~eaxed f~rebY, wd~ and everY. rhen dw and paYab4. +aord~rg to I~w. before they becaee dsl~n. +nd b~fon +np i~a~st ~
A attathes o? ~~p pen+lry is inawred% AND INSOfAR I~S At'1Y iHERE~F a Of RECORd ~~~nY SATISfIED AfV~ OISCHARCsE~ OF
RECORD ANO THE ORIGINAI OFFICIAI ~OCIN111ENT tSl1CH AS. fOR INSTANCE. THE TAX RKEIPi OR THE SA715FACTION PMER OFfKI/ULY ENDORSED ~
OR CERTIFIED) SHALL 6E PU1CE~ IN THE NANOS OF SAI~ MORTG/1GEE WtTHIN TEN DAYS HFXT /1fTER PAYMENT; snd in the tvent th~t aeqr ther~of is ~of
~ aid. sat~sfied snd d~sdw~d s+:d MORTGAGEE rnaY st my t.ne p~r the san+e a ury p+rt thereof without w~iv'wg a affect'ug arryr optan, lien, eqvity or
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•~ahf under a by virtue of this mo~tyaye and rhe full arrwuRt o1 each and rverr wc~ Wlr~ent shall be immedi+tdy due and payable and u?tNes~
~.om the date thereof ~w~til paid at rau of n"w~e pe~ cenrwe per arrww~+ and to~ether w~th such imerest ~hall be secwsd bY tM lien of th:s mwytape.
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