HomeMy WebLinkAbout2833 p ~ ~~Qii~~ ~
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THIS INDENTURE. N1~~ th~ 28th ~y o{ Rebruary , A.D. 19?5 betwNn
Rob~rt P. PoMQlait and Ca~ole B. Pai t~ Ris wif~ '
of S~ L.1lC~~ ~ Cq~M F~pr;da, FNr~i~~ftK dt~iy~ated st rM "MORTGAGOR;' and FIRST FEnERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE. ~ oorporuan wq+nis~d and ~:~stu~p wda~ tM I~w~ ot tKs Uniad Su~a of Amsrica ~~d h~vinp ia p~incipal pl~u of
busir~ in tF» Gty of FoA PiNa, St. luti~ County, Flaida, Mreinafle~ d~i nst~d ~s RTG~ '
WHEREAS tM MORTGAGOR is jwtiy irKMbt~d b 11» MORTt~1GEE in tM wm o~s 3~~ ~~~M!, •,.t pood ~nd ~+wful rnpn~y of tM Vnited
S~atei adv~nced by th~ MORiGAGEE vnro ths MOR(GAGOR, ss evidenced by • catain, promiuay r?oh of ~vsn dat~ Fw~~with, of whkh tha idlowinp in ~
v,~ordi and fiyur~s is a trw copY, towit: '
= 35,000.00 t+o 10021202
Fo.t FiKO., florid+. ~-..T~Yt~'YV 28 19~
Fw vafw recaved, 1, we or eithsr of us, promiss to pay, without def~tca~ion, to the order of FIRST fEOERAI SqVINGS AND IOAN ASSOCIATION OF
~ORT PIERCE a1 f Piirce. Florida, the wm of s 35.~~. ~ w;fh inte~est from date ~t tht rat~ of 9• 2-76 p~r ~nnvm, in monthly i~?sta11-
~„Pma a~ fotlows: 361 on the 2~th day of Aplil ~ t9 75 snd a lilu sw~+ on th~ corre~pondirp day of Rach month the«-
aiter u~lil tM who be fully paid.
E+ch irotal 1 fint shall L» applied in payrne+~t of tl» tnterest ~nd then on the unp+M balw+c~ of tM princ~p~l sum: If daf~uh is made in tl+e
paymeM of any iost Ilmem when dw, and such defauh continues 30 8ays, then at ths op~an of tM Aolde?, and without s~y oN~e? notice, ~It the r~maininy ~
~nsraliments ~all dw and pay~bk at once. Privil~qe is givtn lo pt~pay fhh note in whol~ or in pa?f at any timt witho~l penalty. NeithN for~bealN+c~,
no. accsp*anc~ by hoWer thereof afrer any defwlt ir~ any p~ymenh hereon, sha1~ bt deemed e:tcnsion. A Iste payment cMrQ~ of 18 • 0 sh+ll b~
added 1 each inst Ilment remeininy u~paid 7 days aftx its dw d+te, ~nd a Iilee sum sMU b~ added to eacl? such installm~e?t remaining unpaid 7 days afttr
each fut ing ment date.
Each ma er, wrety and endorxr. hereof, joinlly. and severally. waives demand, prase~tment protest ~nd notice of protest for nonpayme+~t, snd fwthN
a~rees to any eatension of lime of paymtM, eilher befwe or after msturily, without notice to sny of usj_ ~nd to pay ~II totri of tollMion, includirg a
rea:onable attorney's fee in the event of any default hereu~der, and hereby severally w+ives aN benefit of fio+nestead and exemption uncle~ the coastitvtion
a~~d laws of each State of the United States, as sgsinst this obliyation oi sny exte~sion w renewal hereof.
Witnesa the hand ~nd seal of esch party.
s/Robezt P. Po~?eleit ~
cs~?u
s Ca?YOle B. Powele t ~
$ 52 50 ~
~ _ • a Srsts Revenos
;Sra~wpatw~eiled~o~~t~igtrwM wo?~)
hOW, THEREFORE, the MORTGAGOR fo~ the purpose of secvring payment of said wm of t 3S ,~nd tM pKfwma~ce of th~
covenants and ~gteemcnb hereinafur expressed, snd fw dive?s pood and wfwbl~ consider~tiont, by thew presents, do~s graM, b~r~ain, sell, remise, •
reieaae, convey and confirm unto the MORTGAGEE, iri iuecessors and assiyni, atl that tertain bt, pieq or parcel of I~nd, siri?ate, lyirg, and beitg in tM
County of $t. Lucie ~nd St~t~ of Flaida, descr~bed +s folFawu
i.ots 10 and il of Block 1, of M. B. C~OLDSMITH'S SUBDIVISION, as per plat there-
of on file in Plat Book 2, at page 6, of the public records of St. Lucie County,
Rlorida,
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t` Q WE ON GJ1SS "C' IN71W61BI.E PfRSt~~iAl PROPERIY~
. . ~ Tp (~tI1pTER 71-134. ACTS OF 191L ~ 4
R06ER PORRAS ~ i
. p.ERf( CIRWR OOUIti, ST. WCIE 00, tU.
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~
rogether with sIl and singular tAe tenemenn, heredi?aments and sppurqnces tF~e~rnto belaginy or in anywlas appert~inir~p tM?eb, and alI ru~ts, issw~,
p~oceeds and profits ~cvuirg ~nd to xwe from aaid p~emises, all of which ue incluJed ie the abov~ uid ~orepoG~p d~wiption +nd habNxlern.
TO HAVE AND TO HO}~ the above desvibed _and granted premiies uMO the ssid MORTGAGEE, its wocessas and asfgns forevp. Md th~ said
h',ORTGAGOR for thelY heirs, e:ecvton, sdministrators snd auipra hereby cov~na~b with ths said MORTGAGEE, its waeswrs and assipns,
~ rhar tswfulty seiud of the said premises in fee simple; thaf tM ssm~ ae frN, cleu artd diaMr~d froen dl li~ru and ~r
~ brarxes in Iaw w in eqvity, ar+d thst thev W~~~ their hein shall wurant aod defend th~ titb w tM s+em to tM said
~ MORTGAGEE, its succeuws and auigns, ~wever ~ysinst ths lawful clsims and demands of ~II perwrot .
` PROVIDED, ALWAYS IMt if the MORTCaAGOR shall pay unto tM MORTGAGEE the promiawy not~ h~r~inb~fon d~scribed ~nd shal) ftuly, ptomptly
y and futly perfwm, dischsrge, execute, complete, tomply wi~h and ~bide by each and every the stipulations, +yre~rnenb, conditarn and ooven~nb of iaid
~ promissory note +nd of fhis MortgsQe, then tF?i~ Mortgpe snd the Estate ha~by vested ~h+ll ceas~ and be null u~d void.
~ IT IS UNDERSTOOD ihat tF+~ word "Morlyayw" whether in ihs singula~ ot plwal anywiw~ in this Morty~, shall b~ sinpular if on~ only and ~8
~ shall be plwal jointly snd severally if more than ont, and that the word '9heir" q uied anywhero in this Matyp~ ihall b~ takan to mtan "his," "Mrt, ~g
or "its:' wherevcr the context w imp~ies or ~dmin. Alw, tFwt wherever thete is a reference in ttw ooven~nb and aqreanentt haein oont~irKd to any of ~
+he put~es hereto, ths ~ame shall be construed to mean u well as th~ Mirs, leyal representatrvq, wa~ssors and assigro (eitlrr vol~ntuy by__~cf of tl»
~ parties or invduntary by open~an of tM law) of the same and that the covenann Mr~in contaen~d shall bind and the berwfib and adv~ntaya inun
~ ro ~he reipectiv~ heirs, ky+~ representatives, uxcesson a~d sas°yro of the parties hereto. ,
Md said Mortgagon, fw themselves ~nd thek I+~irs, Icyst representatives, suueuon and assiyr~, her~by jointly and s~vardfy cov~sM a~d a~~e
~ to and with the aid MORTGAGEE, its wuessors ~nd auipns:
1. To pay ~II snd sirgular ths prinapal and intsrest and tht variovs ~nd sundry wms of.~pn~y paYable by virtw of uid promissory not~. ~nd this ~ j
~ mortgs9e, each ~nd every. promptly on ~hs dayt respcdivQly tM tarra sewrally become dutrf . #
~ 2. To pay sll u~d sirgvlar the t~xes, assessmems, levies, liabilities, obligataro and encvn~anas of ~very natun ud kk~d now on s~id d~wlb~d
~ P~c~ttY, w that hercahe~ may be imposed, wffaed. P~aced, I~vi~d. « a~.ss~ed ther.on a ~h.t h.re,fr.. msr b. lev~.d a useawd upon tNa Mar1¢
ege, a tM indebtedness sacured he~eby. ~acfi u~d erery, when dw and p~ysble. ~aardirg ro taw, befon ther becane d~linqwnt, and b~(on an~? int~r~st
~ a+raches w any pens(ty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAU SE PROMPTLY SATISFIEO ANO DISCHARGfD OF
RECORO AND THE ORIGlNAL OFfIC1Al DOCUMENT (SIKH A5, FOR INSTANCE, TME TAX REC'EIPT OR THE SATISfACTION PAPER OfFIC1AllY ENDORSEO
~ O R C E R T I F I E O) S H A I t 6 E P t A
C E D I N T H E H A N D S O i S A I p A
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~ va~d, iat~sfied a~d discharg~d said MORTGAGEE may at any time pay the ssme w+ny p+rt tMreof witAout w~ivinp w•ffectiny u~y optiwi, li~n, puiry or
•~qM undcr or by virtue of this mortysye and the full amo~nt ot each and every such payment ihall be imrt~ediately due and payabk and shell bear interest
~rom ~he daec ~hereof ~~n~~i pa:d a~ rate of nint per centum per annvm snd toyether with sut)~ it~terpt shall be secured by the lien of th's morgra~e.
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