HomeMy WebLinkAbout1018 ~L. 3Q~ y
os
THIS INDENiURE. AAadt the llth day o{ Fehrur ry _ ~p, ~y_75 ~~e~
Ftalph 4!. Kirts and ~onnie G. Kirts, his ~i Ee i
~
- - i
of St .~11C 1@ Cp~n~y Fiwid~, hereinafier dei~yna~rd as the "MORTGAGpR," and FIRST FEUERAL SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, a mrpor~lion wpanized and ezi~tinp u~der the la«s of ths Un~ted Statat of Amerita and Mving its principal pl~ct of
b~s~ness in the City of Fwt P~erce, St, lucie County, Flo~ida, herainaiter desiqY,ated as the "MORTGAGEE."
WHEREAS the MORTGAGOR is ju~tly indeQ~ed to tM MORiG~1GEE in the of S_ 24 a~ • - , good and lawfvl money of thr United ~
Sr,res ad.a~xrd by the IAOR:GAGEE unto the MORTGAGOR, as ev~dc~xrd by a ce:ro„n prom~saay note of even datc herow~th, of wh:ch the ~oUow~n~ in
:.:rds and figwes is a uue copy, fPNd:
S 24~500.00 . r,~, 10021184
Fort Pierce. Florida, Februa zy ~.1 197$
Fw va!ue reterved, 1, ~ce or eithrr of us, prom;se to pay, w~thout de(a!cat;on. ~o ~he ordtr ot FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF
:..T f•IERCE at Fort P~rrcr, rwiJa, ~he wm of f-?~s -_-.v.th ;n;~r~st ficm date at rhe rate of 9•?'S,o per annum, in rtwnthly insta~l-
as foi!owi: S_210'~ un the _?~t`iday of __r1c7rCh 1975 _ and a Gke sum on the carespond+nq day of each month fherr
~nril ~he who!e be fylly paid.
Each ~nsra~lment f~rst shall be ap~iCed ~n payment of tha ~nterest and tl~en on the unpa~d balance of the print~pal sum. If defaull is made in ths
, ~~~nt of iny instal~ment KF1211 J~e, and such deia.,h cont~nuri 3il days, then at the option of Ihe Iwlder, and without any otheroot;ce, all the remaining
.•,!;:i;rnts shalf ba d~e and payab:e at onte. Priviie3e is given to prepay this notc in whole o~ io part at any :~me without penalty. Neirha forebearaoce,
-r accep•ance by the hoidrr thercoi afrrr any default in any pay~++ents hereon, shall be d<er.ied extension. A late payment charge of S1O.50 shall be i
. i. d to each ~r.stalime~N re:r.a~n~~g unpa;d 7 days aiter its due datq and a like s.,m shail F~ added ~o each wch installment remaining u~paid 7 days after ~
~,n succeeding paiment d~te.
Each maker, surety and c~docser hereof, ~oin~;y and sevrroi~y, waives de~nand, presen~~nent protest a~xl notite of protest fw nonpaymeM, and furtF~et
~_;r~~es to any er+ensio~ of t:nie o4 psyment, c~tner brFo~e or after matu•~ry, v~~ehoul ncr.ce to aoy of us; and to pay al! costs of eotlection, includ;ng ~
sc,~,able a!to.ney's fee ,n the event ef „ny defav"t hereunder, and hereby seva•aliy f~aives all benefit of homrstead and eaemption under the constitution
~ ~ws oi r;th S+ate of !he Ur,ited Stases, as aya~^.st tiiis obGgat~o~ or 3ny eatens~on er renewal hereof. .
Y1~tness the hand ortd seal of each partY.
(SEAI)
~ f '1 a ~ f 1~ ~ ^ ' 's/Ralph t~~. Kirts ~~U
. , (s~?U
' s .onnze G. Kirts
~3fi.75 ~ STare Re+enue
:+a.+~s-e~~cvfkd ~n sr+ginsl~sb) , _
h07~, 7HEREFOD.f, the MORTGAGOR for the purpose af secu~;ng paymem of aaid sum oi S 24~..~~~~-~ , ~nd the perfwmarxe of ths
_..anants and d9~C2~neN3 hcresnatrer exp.esaed, and 4or d+vers good and vaf~ab'e ccRS;derateons, by theu prexms, does gr~nt, bargsin, sell, ~emix,
_-~s~, conv_y and COn4:tm unto the MORTGAGEF, 1ts wccesson and assig~s, al# !hat cerrain lo~, piece or partel oi land, situate, lying, and being in Ihe
.~•ty of St . Luc ie a~ Srare ot Flor~da, drsc+ibed as foltows:
Lot 17, Rlock "!v" oE ~iARAVTLLA ESTATES, as per plat thereof recor~led in ;
Plat Fook S, p~ge 77, public recorc~s of St. Lucie County, Florida. '
~ " P~ ?
~~QQ~tt~~~
~I _'S~~~ 61 ~v .
~ ~ ~ ~ ~ i ~ ~
t ~ P~,~%ty~-"J_:~-~~`'-~;~~?r~~ ~D iN w~rMExr oF T~s
' ~ u` , ~ ~ DUE ON Cl/1SS 'C' lNTAN6161E ?ERSOIYAL PROPER(lf, ~
i
~ ~ O~t~ ~•i•~~~ WIRSUANT TO Cf1APTER 71-13~. AiCTS OF 19~I. l<
s , ~ R06ER POITRAS .9~
~ ~i. s ~ Qe~? CL.ERK CIRq11T t~URT, Si. LJCIE CO., FUl
€ y~ ~ ~ i
~ ~ o ~
~
~ ~
. ~
~;ether w~th ail and sinaular rhe tenements, herednaments and appwtances thereunto belonging w in anywise appertaining the~eto, and sll rents, iuws,
~ ~-o:eeds and profits at:ruing and to accrue fr~m said p+emises, a~l of which are included in tht above ~nd foregoing destription and hsbendum.
~ TO HAVE AND iO FiOID the above described a~ granted p+emises ~nto the said MORTGAGEE, its successort and assigns fwever. Md the said
~ RTGAGOR fo+ --t he 1 r----- he~rs, exec;,fws, admin~srrarors and ess~gns, hereby covenants with the said 1NORTGAGEE, its svtcesson and auipro,
~ „ th~_~re___ ~aWf~iiy se~zed of the said prem~ses in fee simclr, thaf the same are frse, ckar ard disch~rged irom all (iens snd encwr?
~ ~.~jnces 7n 1aw or fn equny, and rhat thev_ w~ll and _ thelr heirs shaU warnnt end defend the title to the same to the said
:~?~GAGEE, irs wccessors and assigns, forever against the lawful ciaims and demands of all persons;
z. PROVIDED, AIWAYS that if the MORTCs~?GOR shall pay unto the MORTGAGEE the p~omiswry note heni~befors desc?ibed and sMll truly, promptly
_ - d fvIly perform, d+scharge, execute, compl~e, compiy with and abide by each and every the stipulstions, agreements, conditions ~nd cove~ants of said
3 ~~ssory nete and of this Mortgage, ther#'f~is Mortgage and the Estate hereby created shsll ce~ss snd be null and void.
~ IT IS UNDERSTOOD thnt the word "Mortgagor" wherher in the singular w ptural anywhere in this Mortgage, shall be sinyvlar if one only snd
y st be ptural jointly and severaily if more than one, and ~hat the wwd °their" as used anywhere in this NAo~tgaye sMll be t~ken fo me~n "his;' "Men;'
i~s," wherever the conteRt w~mpties or a~mirs. Alw, that wherever there is a re/erence in the covenants snd agreemeots herein contained to +ny oi ~tl
; ~-.e part~es herero, the tame shalf be construed to mean a~ well as the heirs, legal representatives, soccessors snd suigns (either voluntary by ~tl of th~ C7~7
~ .~rs'es or invo!untary by operation of the !aw) of the same and that the covenents herein contained sh~ll bind and the benefib and adva~tages inw~ ~
~ ~he respective heirs, iegai reprexMalives, successors and assgns of the part~es hereto.
~ And said Mortgagors, iw themsetves aRd their heirs, legal representatives, successors and assiyro, F~ereby jointty and seve~~lly covenanf and ~r~e
~
~ ^ and with the said MORTGAGEE, iu successors and assigns:
~ 1. To pay all •nd singular thc principai and interest and the variovs a~d wndry-sums o4 money payable by virtue of said promissory note, ~nd this ~
-:rtgage, esch and every, promptly on the days respect]vely the same severally become due.
~ 2. To pay all ~nd s~ngula. the ta:es, assessments, fevies, liabilities, obligations and tncumbrsnces of every ~ature and kind raw on s~id dtsvib~d ~
_ croperfy, or that hereafter may be imposed, suffered, placed, levied, or ssses.sed thereon, w tMt hereafter may be levied a tuessed upon this Mort¢
a~e, or the indebtedness secured hereby, each and every, when due and payabte, xcording to law, before they become delinqvenf, and befa~ ~ny interast ~
~ ~ rhes or any penafty is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII SE PRO1NPTlY SATISf1ED AN~ DISCHARGED OF
~_ORD AND TME ORIGItvAI OFfIC1Al DOCUMENT ~$UCH AS, FOR INSTANCE. THE TAX RECEIPi OR THE SATI$fACT10N PAPER OfFIC1AlLY ENDORSED
~ ~ CERTIFIED) SHALL BE PLACED IN TME HANDS OF SAID MORTGAGEE Y~ITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the eveM that sny fhereof is rat
~ d. nat sfied and discharged sa'd r~10RTGAGEE may at any t~me pay the same or any part thereo( without waiving o~ affectiry any option, lien, equity p
~ •~ah~ vnde~ or by virrue o( this mortgage and the fvll amov~t of each and every such payment shsll be immed~ately due and payable and shall bear inttr~st
~ , ~ ~1+• ~ c^' : r.• ra+e o( nine per centum per annum and together w;th such inte~est shall be secured by the ~ien of th s morg!aae
~ _
~~.5,~:~ . ~ . _w__.,_ . . . . _ _ .e . d..s,_
' I