HomeMy WebLinkAbout2831 ~ ~ ; 30~2 ' ~
. ~1
2l~th Febru n.o. iv K-. e.n~..~ ~
THIS INDEMURE. M+d~ th~ da of
Richard T. ~hean and Dorot~? A. Shean, x e, r,--
.
of Iucis ~p~~y Flotida, F~tiMita d~sign~ted +s tM "MORTQAGOR," and fIRST fEDERAI SAVINGS AND IOAN
ASSpCIATlON OF FORT PIERCE, • corporatio~ or~~niz~d and ~xiui~p w~dM ~h~ laws of tM U~ifed St~ta of Am~~ic~ aed(~ ytop ~ts p~i4ci~'j~ 9f,,
b„uMU b tl» Gty oi iort Piuc~. St. luct~ Couoty. flaida~ I1OffIMNH dti~QMf~ as t!?~ " RTGAGEE." .
WHEREAS tM MORTGAGOR b~atly ind~bt~d ro th~ MORTGAGEE in ths ~um of i~~~~'~ 9ood ~nd lawful monsy oi tM United
S~stei advanced by ~h~ MORiGAGEE unto tM MORTGAGOR, as evid~nced by a u~t~~n pramiuory ~?ot~ of ewe d~ts he~ewith, of which the ioilowinp 1~1
worda ~d fipwts is a trw copy, 1Pwit:
~ 3lisppp~pp ~ 10021195
fwf Ple?u. Norid+. ~b2'l18!': 24s 19
For valve receiwd, 1, we ar either of vs, promise to p~y, without defalcation, to ~he order of FIRST fEDERAI SAVINGS AND LOAN A550CIATION OF
fORT PIERCE af Fort Pixca, Florida, the sum of 5~~~~~~~ with interast from dale at ths r~te of ~•v96 par annum, in monihly inttai4
~,ems as toliowi: it.~.sn[__ on the ~e~. day of _s~yr~ 19~ snd a tike sum on ths correspa+dinp day of each month there- ~
after until the whole b~ iully paid.
Each kntallment f'u~t tF?all bs appl~ed in payment of the interest and then on the unpaid Mlarxe of tM pincip+l wm: If defa~h is m~d~ M fh~
paymeM of sny installment when dw, and wch defwh conlinues 30 days, fhen af ihe option of tF?e holde?, and without any other ratice, all the r~ininp
:nstaliments thali be dw and payabk at once. Privile9e a~iven to prepay this nots in whob or in part ~t ~ny Yune without pensNy. Ne,iih.N forebear~nte,
nor aaeptant~ by the holder ~hereof afte~ +ny default In sny paymems-l~ereon, ihall be deemed extension. A late payment cMrge of +'+i •3~ . thall b~
added to each instaliment ~emainirg unpaid 7 days after ib dw date, and • like sum shall be added to each tuch installmeot remaini~p w~paid 7 days ~ffer
each wcceea`x~g payment date.
Each maker, swety snd endorser hs~eof, jointly and xveraily, wsives demand, p?exnrment protest ~nd no~~oe of prwe~t fw nonpayment, and fvrthet
a~rees to sny extensew~ of teme of payment, either before w after maturity, without notice to any of us; end to pay all cosfs of collection, incl~diny •
~easonabk attorney's fee in the event of any default hereunder, and hs~eby severally waives all benefit of homestead and exemptan ~nJer ths ca+stitution
ar.d laws of each State of tFK United 5lates, as against this obligation w a~y extension w renewal hereof.
Witness the hand and seal of esch party. ~
S/ Richard T. S'hean ~q
~
S Doroths A: Shean ~
) stare Revenue
-{6~e~~ps ~w+eelle~eeraAg~ne* nv1l~
NOW, THEREFORE, the MORTGAGOR fw the purpose of sec~rirg payment of said sum of s~~~~•~ . and f1K perfo~m~na of ths
covenanis ~nd agreements he+einafter expreued, and fa divers good and wlwbk conaiderations, by thest presMri, does pr~nt, barpsh~, sell, remise,
releau, cw~vey and confirm vnto the MORTGAGEE, its tuccessors ~nd auiqns, ell that certtin lot, pi~w w patoe) of lud, titwte, (yirg, and beinp in ths
County of ~ . snd Stste o( florida, desvibed as fdlowu
Condominiwn Parcel No. 813 of CAPSTAN I, according to the Declaration of Coudo~nium
thereof, recorded in Officfal Record Book 232, at pages 619-711 of the Public Records
of ~t. Iucie Comlty, Florida.
~t3BJFCT to terms and conditions of said Declaration of Condominium, the Articles of
Incorporation, By-Lavs, and Declaration of Covenants and Restrictions of Ocean Village
Property O~ers' Associaticn, Inc., »ith ~rhich terms and conditians the mortgagor
, covenants to co~mply and perforn.
i
f
f . ~
y.
~ ~
f . . . ~
t
~ . ~ , ~ o~ ~
~ ~ I~~ I . O IN PAYMENf OF TAXEi ~
~ n ppCUM~NTARY.~_~:::,.57AM~ _ t~n~n ~
- i ouE oN a~ss ~ iNnwsi~ ~~soru~ Pa~n,
~ tO OEPT. OF REYEt~tl1E 0.O , P8RSI111NT TO GIAPTER 71-134. ACTS OF 19/1.
sr ~ ~ ?IAR-3 75 ~ - . ` iE06ER POffRAS ~
a _
cn - P.a. CLERK CIRqIR COUItT, ST. UlCIE 00., Ft)l
= it~AZ ~
o . . . -
~ j.. . _ . . . ,
~ ±ogethcr with ~II and sing~lar the tenements, hered~uments snd appurtsnces there~nto belongirg or in anywit~ ~pperlslnirg there% ~nd all rems, issws,
proceeds and profits accruirg and to accrue from said premises, all of which sm inctuded in the above snd forparg deaaipfion and Mbendum.
~ TO HAVE AND TO HOW the above desuibed and granted premises unro the said MORtGAGEE, its svaessors and assiyra forewr. Md th~ said
1~.ORTGAGOR fw ---~he~ hei?s, executors, administratws ~nd suiyn~, hersby cawrunts with ths said MORTGAGEE, its wccessors and assip~s,
~ ~r,3r Iawfully seized of the said prem~ses in fee simple: that the s~me ~r~ fra~, clar ~nd disch~rped from all lism and encunr
b~a~ces ~n Isw or in equity, «~d ~h,r ~they W;ii tYIA~I' _ tie~n s1w11 wur~nt and dafend t}w titte to ths sun~ to tM said
~ NORTGAGEE, its successora snd suigns, forrve~ agaimf the lewful clsims and demands of ~II penons~
PROVIDED, ALWAYS that if the MORTGAGOR al+~ll pay unto the NWRTGAGEE the Rromissory note hereinbefon desvibed and ~II tnily, pranptlp
y a,~d fully perform, dixharge, execuro, complete, comply with and abide by each ~nd every tFK sfipulatio~s, ayre~rt~enfs, conditaro and oovenants of s~id
~ nromissory note and of this Mutgage, tlxn this Mwtgage +nd the Est~te hereby veated ~lull cess~ and be null and void.
~ y+por" whether in the sirgulu w plwal ~nywhere in Mis Mortgap~, shall b~ sinpvl~r if on~ a+ly snd ~b
~ IT IS UNDERSTOOD that the wwd "Mwt
shall be plunl jointly ~nd sever~lly if mwe than one, and tMt ~he word "their" ~s ~rsed anywMre in this Morty+p~ ~h+ll b~ t~ken to rrNan "his,•• •'has,•• ~~9
~ or ";q;' wherever the co~text so implies or admits. Alw, tMt whereva there is a referenc~ in th~ oov~n~nN an: a~r~nenn 1~trein coM~insd to any of
~ fne psrties Mereto, tbe same shall be constnred to me~n as well ~s the hein, le9a) npresentatives, wccestors u~d assipm (sither voluntary by sct of th~ i
~ parries w involu~tary by opentan of the law) of ~he s~me and that ~he covenants herein contained shall bind and tM berwfits and advantayu inun ,
fo the respective heirs, legal representativ~s, wccesson snd ~u~gm of the puties he?eto. i
And said Mortg~gors, fa themselves and their hein, kgal representstives, successon and assip% hereby jointly snd sev~rally ooven~M ~nd ~pnt ~
~
~ ro and witl~ tF~e said MORTGAGEE, iri succeuors snd auigra:
1. To pay all u~d singular the principal u+d imerest and the wrious ~nd sundry wms of money paYabl~ by vFrtw of ssid promiuuy rqt~, and tM~
~ mortg~e, each and evsry, pomptly on the dsp re~pectively the same sev~ratfy become dw.
2. To pay all ~nd sinyular the tues. aisessmenri. Iwies. IiabilHies, obliyatioe+s and ~nt~rrnbanns of swry natur~ and kind now on s~id d~sa~ed
~ properfy, a that her~aher msy b~ imposed, wffered, plxed, levi~d, oa +st~ssed 1lwreon, or thit her~ahu m~y b~ levisd w piessed vpon tl+is JNorq~
~ age, a tM indebtedrwu secured her~by, e+cfi ~nd svery, when due and pay~ble, accadirg to law, befoa they becaeN dellrquem, and !»for~ a~ry? Mter~st
.~rraches w any penalty is incurred; AND INSOFAR AS At~Y THEREOF IS OF RKORD THE SAME SHAII SE PROMPTIY SATISf1ED AND OISCNARGEp OF
~ RECORU AND ?HE ORIGINAL OFFICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSEO
~ OR CERTIFIEO) SHAII SE PIACE~ IN THE HANDS Of SAID N10RTGAGEE WITHIN TEN DAYS NEXt AFifR PAYMENT; u~d in the evenf th~t any thereof is no1
pa~d, saYsfied •nd dixharyed sa:d lNORTGAGEE may ~t sny time pay the same w any part thereof without wairinp w affectinp any option. lien, equity or `
~ •~ahr uMler or by virtue of this mortyaye and the full amo~nt of exh and every such paymeM shall be immediately due and payable and shall bear interest j
<<em ~ne da+e +he~eof v~r~t pa d ar .atr of nine per centvm pet annum and foyether with suth i~teresf shall be secwed by tfie lien of th's m~rgraqe. `
~ . y . . 3 , •
~
~,s~~
~ ~ '~,3~,~~F'~ ~ ~ y" ~ Z l.'.
~~,:"-F~ _~_.s~~.~"~-.,..T , . _ ~~'"~d~=i'~~''.'-.~