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HomeMy WebLinkAbout1117 . , ~ / ~1269 . , . , , . . ~ ~ . THIS INDENTURE, Mad~ th~ 11 th day o{ Feb r ua A.D. 19 7 S,. b~Mre~e~ Peter M. Leamina and Brenda B.~ e~lairr i ifg of SL . ~ucie Covnly Fiaid~, Fwnin~ita desiyns~ed a~ tM "MORTGAGOR," ~nd FIRST fEDERAI SAVIkGS ANO IQAN ASSOCIATION OF FQRT PIERCE. ~ torpaation wpaniztd and ~:ifliny unda tM la~rvs pf IM Unit~d St~tq o~ Art»rka u~d havG+p i» principai pl~u of bus~rau In ths City of Fo~t PiKC~. St. tuci~ Counry, Flaida, MreinaftK d~aipn~t~d u iii~ "MORTW1GfE WHEREAS tF?t MORTGAGOR is justly ir+dsbt~d ro t4s MORiGAGEE in the sum oi i~4~~~•~ , yood and I~wful money of ~M Un~ted Srates advanced by the MORTGAGEE unto tM MOkiGAGOR, as •videnced by a cenain promiuory ~o~e o( even date her~with, of wh~th the followinp in words sr?d tigwes is a true copy, to-w~t: ~ 24s000.00 {~e t~~;t~;~ J~ ~ 10021183 - ~«t PN~n, F~«~a,, F eb~r ua, r y 11 iy 7 5 For value rec~ived, 1, we w either of u~, prom+x ro pay, without defalcation, to the o.der of FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION ~ FURT PIERCE at Fat P~erce, Flor~da, the sum oi ~_?4a~~•~~ w~fh ~roercit frem de/s at the rat~ of~.s~_96 per a~num, in monthty tnstall- ~~e~~rs as fot:ows: ~202'~ on the ~th day of y 1R75 and a liko sum on 1M care~pa~dinp day of e+cl? manth tM~~- ~irer until tix whole be fully paid. Each installment fir~t shall be applied in payment of the i~terest and !he~ on the unpatd b~tance of the p~incipal ium. If de(auh is m+d~ in tM F ayment of any insfalmero when dus, and such defaull cont~nue~ 30 days, then at the option of the holdar, and witFwW any other notice, aIl the remaininy .nsrallmenrs shall be d~e aod payable at once. Privilege is given to prepay thia note in who{~ w in p~rt at sny time withouf penalfy. Neitl~ fwabtuints, nor atteptance 6y the ho(der thereof after any defsuit in any payments hereon, shaQ be deemed extension. A late payment ti~rge of i ZQ.il.Q_ fh~ll bs ~Jdad to each ~nstaltment remaining unpa~d 7 days aiter ifs due dat~, and • like s~m ihall be added to each such instaltment rem~ining unpaid 7 d~yt ~her ~ach succeeding payment date. - Each Maker, wrery and endorser hereof, jointly and sevenlly, w~ives demand, prese~tment prote~t a~d notics of p?otesf fw ~onpaymont, and fwthsr egrees to any; extens~on of time of paymenl, ei~her brfore a efter ma~urity, withoul notice to any of us; and lo pay atl c6lts of collection, intludinp e ~~~asonable ney'a fee in the lVM~ of any default herevndw, and hereby severally v.a~res aU be~fit of homestead and e~cemptioo under the corotitutbe =nd fews of~ach Srate of the United States, as a~a:nst this obl~gatio~ or sny exrens~oo or renewal hereof. Wi~neas the hand and xal of escfi party. (SF/?U ° s/Peter M. Leaming ~ csewu s/~ renda E . Leaminc~ ~ _$36.00 ) State Reven~e 'Srampttsn~eMe~a+~aigirtat nare) MOVV, TMEREFORE, the MORTGAGOR fw ~he purpo:e of sccvring payment of said sum of s 2'4 , and the perform~nos of th~ :~venants •nd agrecments hereinafter expressrd, and fw diven good and valwble cauiderations, by fhtae prssents, dws gwnt, baryain, sell, remise, r~•.ease, convey and conf'um unfo the MORTGAGEE, its successon snd assigns, alt that certain bt, piecs or parcel of Iu~d, titu~te, IyinQ, u~d b~inp in the tour.ty of St . LL1C lE'f and State of Florida, described ~s follows: " Lot 19, Rlock 4, PARADISE PARK, according to the plat thereof recorded in plat Rook 8, page 1'7, of the Public Records of St. Lucie County, Florida. ~ C~ ~ ~ ~ IN PAYMEMT OF TAXES DI~ ON CI/iSS 'C' I!(TIU1618LE PERSOrtAI PROPERIY~ PURSIdINT TO CHAPTER 71•134, ACTS OF 19/l.j~ ~ Aoca~ roRw?s CLERK CIRqlR OOUItT, ST. WCIE •0, ftA i ~ . ~ s~ S AT T~ oF FLL7RfDA ~ ox ~ OOCUI~RENTARY,~: ~ STAMP Tl;.X i j UfPT.OF itEYEP1iJE;'~~ • , . - ~ . ~ M- = P~. - r~~~~75 ~ 3 6. 0 0~ . ° o =~?~~z~ - ~ g . - . _ i ~ . . ~ f • - . ~ ~egether w~th all and singular the tenements, hereditaments ~nd sppurtances thereunto belongir?9 or in ~Mrwist appertaininp tM?~ro, and sll r~nty I~sws, c~~cceeds and prof~ts accru~ng and to accrue fran said premises, all of which are included in fh~ abov~ and fweyoinp destription a~d habandiwn. ~ TO HAVE AND TO HOlO the above described and granted prem~ses unto the said MORTGNCsEE, iri successws and auipro fweva. Md the s~id ~ !.10RTGAGOR (or th~---- heirs, e:ecutws, admioistrstws and suigra, hereby covenants with tlw taid 1NORTGAGEE, ib suaa~o~s ~nd assiprp, ~ ~ ~nar thev aie _ Iawfully sei:ed of the said prem~ses in fee simple: thst the sam~ are fne, ckar and dischsr~ad from ~II li~m u~d encw~? ~ :;rances in law or in equity, end that thev wi11 ,~d - their hein shall warrant snd defend tM titlt to tM sam~ to the s~id % ~r.ORTGAGEE, its successors and assigm, iorever against the lawful claims snd demands of all penorp; - f _ PROVIDED, AtWAYS tMt if the MIORTGAGOR shall p+y unto the MORTGAGEE the promisswy not~ hertinbefw~ deKribed uid tMll t?vly, pwnptly ~-.d fully perform, d+uharge, execute, compkte, comply wi~h ~nd ab~de by exh ~nd every the stipul~tions, +yreements, CO~fflitiWl! and COVtMntf pI HiII ~O :~om~uory note and of this Mwtgage, the~ this Mortgage snd the btste hereby ueated shdl cease u~d b~ nvll and void. t9 ~ IT IS UtvDERSTOpD that the wwd "Nbrtgagor" whether in the •irgular w plwsl snywixre in tha Mo~rtyape, ~II bs sinpulu if one only and 5 ;h,!t ~ pturol joimly and severally if more than one. +nd tMt the word 'hheir' as used anywhere io this Mat~sQe shsll be take~ to mean "his.'• •'hen,•• ~ "its;' whetever the context w implies or admits. Alw, that wherever there is ~ ref~rente in the tove~aNS and ayreements herein contairwd b any of ~he parties hereto, the same shall be construed to mean ~s well as 1l+e hein, legal r~presentativd, waesson and assqro (eitF~_volunury by ~ct of tM rarties w involuntary by operation of the law) of the same a~d that tfie covenaMS herein contsi~ed sMll bind and th~ bene(its and advantyp (mit~ ~ o the respective hein, legsl represematives, succeuas and au'yns oi the p+rties hereto. b , And ssid Mwtgsgon, fw thamselves uxl their F~ein, lep+l reprexntatives, successors and assipm, hereby 'piMly snd stveally tovena~t and ayne ~7 +o and with the said MORTGAGEE, in aucceswrs ~nd ~isiyns: . ~ ; 1. To pay all and iinpulu 1Fx principal and interest snd the various and sundry wms of money payable by virtw of ssid omi ~ .r,ortgage, esch and every, promptiy on tM days re~pect~vely tfie same sev~ratty become due. ~ s~ ~e~ ~ 2. To paY ~11 and s+ngulsr the taxes, assessme~ts, levies, liabilkies, oblgaiwnt ~nd encumbranc+~s of wery natur~ u?d kind ~aw oe said danib~d ~ ~ Property, p tMt heresfte~ may bt imposed, wffered, placcd, levied, or ~sssssed thereon, a th~t Iwesfter may b~ Ievied a ass~swd upa~ tNs Matp- ~ aqe, e~ the ir?d~btedneu secured hereby, each a~+d everyr, when dve and p~ysbk, xcadiny to I~w, b~fon tlKy becan~ ddinquer?t, and b~fon ~ny b~t~r~a ~ er*aches w any penalty is intwred; AND INSOFAR AS ANY THEREOF tS OF RKORD TME SAME SHAII SE PROMPTLY SATISf1ED ANO DISCHARGED OF ~ pcCORD AND THE ORIGIf3Al OFfICIAI DOCUMENT 15UCH AS, FOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION PAPER OfFICIALLY ENDORSEO ~ ~.~R LERTIFIED) SHAIt BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in t!w ~venf tMt ~ny thereof is not aa~d, sat'sfied +nd dixh~rged ta:d MORTGAGEE may at a~y time pay the same w•ny part tlx+eof withouf waivinp or sffedinp sny pption, IiM, equity or •~qhr under or by virtue of this mo.tgage and the (ull amount o( each and eray such payment shall be immediately dw ~nd payablt and shall beu intKest ~ <<o~., r~a da~e f~Freo` ~~n+~l ca d a+ rnte of nine per centum per annum ~nd together with such interett ihall be secured by the lien of th ~ morgrage. - - - - - - - ~ ~ z _.s~~~9~ H. . . - ~-~~~-~,~r~~~~