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HomeMy WebLinkAbout0403 ! - :~~i~l~ _ = : "l' - G~ i; . ~ ~ . • THIS INDENTURE. Mada the 5 t h dsy of _ ~ta IC h A.D. 19 7 5 between ~ 'i ~ Stanley Oien and ~larion Oien, his wife • c ~f $t. Lueie ~~~~y Flo:ida, here~nafter des~gnate~! as the "MOR7GAGOR." and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • corporation organized and existing u~der the laws of the Unired Statas of Amerita and having its principal place of !ws~ness in the City of Fort Piace, St. lucie County, Floride, hereinafter designated as the "MORIGAGEE." WHEREAS the h10RTGAGQR ia justly indebted ~o the MORIGAGEE in the s•~ uf 5__.~~iQ~._QQ___, good and !aw(ul money of the Un ted °~;res ad~anced by the MORTGAGEE unro tha lAORfGAGOR, as ev~de~,c_d by a ce~~a~n prom:ssory nofe of even date herewith, of wh:ch the following in .,.,•ds and figures is a true copy, to-~nrir 515,000.00 No 13000002 , Fort Pierce, Fio.~da, _ ~tarch 5 ~q 75 For vat~e received, I, we or cithrr of ~~s, p.om~se to pay, withour de'a!t.~t:nn, fo rhe o~de~ of FIRST iEDERAI SAVINGS AND LOAN ASSOGATION OF :'i? PIERCE at Fort Piarce. Ftor~da, the sum of 5 1S~~Ot~ _ w~~', I~~ter~st (~om date at ~he rate of 9~2So per annum, in monthly instatl- ~s aa fo~:ows: S-1~8-+~___ on tF.e _..?Oth ~3y af Aplll ~9 75 _ and a like sum on the correspondiny day of each month there- o~ unhl the whoie br fully paid. Each instaliment first shall be app~ied in pay~+~ent of ihe inte~est and thr~~ en the unpa~d batance of the p~inc~pal sum. !f defau!t is made in the ~~~~nt of atiy ;nsra~irnenf ,r,hen dvt, ~r,d s~ch d•:taui! tent:n~es 30 days, then at !he op'~~n of the holder, and witho~t any other notice, a? Pne remaining ;!,~I:ments shali t~ due ~1~~(I ~7d~/3~Ulc at cnce Pnvilege is g~van to prepay this ~otr in whole ur in part at any time withoW penalfy. Neither ittebearante, acceptante by the holder thereof aftar a~y defev~t in any pay~~.er,ts hereo~. ahal? 6e deemed exre:~s~on. A lare paymeM cherQ. oi ;_6 shall be i-ci to each ~nstaliine~v remain~ng unpa~d 7 days after ns due dare, and a G~e s~-~: snal! be add~d to each such insta~tmenl remaining unpaid 7 daya after ,ch wcceed~ng paymen~ date. ' ~ Each maker, wraty and endorser hereof, jeir,Tiy and severaliy, wa~ves demar.d, presentment protest and notice of protesl for nonpaymeni, a;td further , es to any extension of ti~ee o.' pay~nenr, e:it cr L~ fure or aher ~„atu.~ty, vv~!hour n,+,ce fo any of us; and to pay all cosrs of rotlretion, inelvd~ng a -.-cnab(e artorney's fEe ~n the event of any dcfau't here~nder, and hereby sc.e~al~Y ~~3ivPf jll benzfit of homestead and exemption under tM constitution - ~'~~HS of each State of rhe Umted Stafes, as a~aS-sr ~h~s ob~~gation or any e,c!_ns~on cr renrvial hgreof~ , ~ Witness the hand and seal of each party. ' j?~i~~ 1 1 ~ .t•: 5~ Stanley Oien (SEAI) • (SEAL) _ 5 '1a IlOi1 Oien ($EAl) S?2.5~ (SEAL) ~ State Revenve ~ .S •.a, cpa tar.seYrd.ow .ar+g; r+aL wo~e~ NO':Y, THEREFQRE, the MORTGAGOR for the purpose of secu+inq payment of'said svm of j 15+~Q.OO - and the pe~formance of the _:~nants and agreemenrs hereinafrer expressed, and for dive:s gcod and valuaSle consld~rauons, by these prcse~ts, dces grant, bargain, sell, remiae, _ e.~se, convey a~~d confirm unto !ne l1!ORT^vAGEE, irs s~ccessors and ass~g~~s, ai; tl~at ,e~tain lot, peece or parcel of land, situate, lying, and being in the .-~_nty of St. 1.UC1Q _ end State of Ftorida; deacribed es fo!lows: Lot 3, Block SO, RIVE4~ PARK, ilP'IT ~'IVE, according to the Plat thereof, as recorded in Plat Book 11, Page ?1, of the Public Records of St. Lucie County, Florida i : i I r t ~ ~ "V ~ ~ f;4z,:'` i t~ ? ~ / ~ `~,N~, ~ : ~ Z,.~'~ - ~ ' ~ ~ - ~`..~~~~Y'. r ~ . ~ ' ` T''t ,,P : . 'j j ' ~ / \ v,~ 1_~= y y C->n, ~ • j = ~ G''.~ t ~ ~ ' dU IN PAYFAENf OF TAX~ ~ ' 9 ~l~ q~ pUE ON GASS'G' INTAIi616LE PERSOilAL PROPfR1Y, ' ~2- ,r, ; ? i ~j jp (~{~p'TEp 71-134, Af•TS Of 19/ly~C R: `r; . c^ R06ER PORRAS ~P ~ ~ ~ CLERK CIRG1fT CUUItT~ ST. UICIE C0. FIA ~ ~ ~ ~ ^,erher with all and sin9ular the tenements, hereditaments and appurtances thereunto belonging or in anywise apperfaining lhereto, anri ali tents, issues, ~ :.roceeds and profits accruing ar.d to accrue from said premises, all oF which are included in the above and foregoing desaiption end habendum. - a TO HAVE AND TO HOLD the aba~e descnbed and grented prem~sea unto the said MORTGAGEE, its svtcessors and assigns forever. And ths ~aid :'~2TGAGOR fw th~lr---- heirs, executors, administrators and assig~s, htreby covenants with fhe aid MORTGAGEE, +ts suttessors and assiyns, +r,a, ~hQ~ ?Zg-_ lawfully se~zed of the said prem]ses in fee simple; thaf the same are free, clear and discharged from all liens and encvm- ~ances in 1sw or in equity, artd that__ t_ h~_ will and _ thelI heirs shall warra~t and defend the tille to the same to the ssid :•.7RTGAGEE, its successors and asi~gns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pey unto the MORTGAGEE the promissory note hereinbefore destribed and shall truly, promptly ' = fully pe~form, d~scharge, exewte, complete, tomp~y with and abide by each and every tM slipulations, agreemeMS, cooditions and covenants of said :•o ~~lasory nore and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. ' IT IS UNDERSTOOD that the word "Mortga9w" whether in the s~ngular w plural anywhere in lhis Morigage, shall be singular if one only snd ~~a~l be plural joimly and severally if more than one, and that the word "theii' as used anywhere in ihis Mutgage shall be take~ to mem "his;' "hers," "its," whereve? the contex~ so implies or admits. Also, that wherevcr there ~s a reference in tF~e covenants and agreements herein contained to any of ~d - •~.e pa.ties hereto, the same sha!I be construed ro mean as well as fhe heir~, legal representatives, successws and assigns (either voluntary by act of tht ~ - ~ ert~es or invotuntary by ope:ation of the law) of the same and that the covena~ts herein contained shall bind and the benefits a~d edvantages inure : >~4 +he respective heirs, legal ~epresentatives, successors and asrgns of the pariies hereto. '~-i And said M.ortgsgors, for themsefves and their heirs, legal representatives, successors •nd assigns, hereby joimly •nd ieverally tovenant and ~yree i';~ ~o and with the taid MORTGAGEE, its successws and assigns: 1. To pay sll and singutar the prirxipal and interest and the various and •undry surr.s of money pay~ble by virtue of said promissory note, and this ~ Tortgage, each •nd every, p+omptly on the days respect~vely the same severally become due. `J{ 2. To pay atl srx! singular the taxes, assessmenb, levies, liabilities, obligations a~d encumbrances of every nature end kind now on s~id dewibed p~operty, a that heteafte~ may be imposed, sufiered, plxed, levied, or assesxd thereon, w thsl hereafter may be Isvied a assessed upon this JKorty- age, or the indebtedness secured hereby, esch and every, when due and payable, accordi~g to law, befae they becane delinquent, and before a~y intereit - ~~~=ches o~ any pena~ty is incurred; ANU INSOFAR AS ANY TNEREOF IS Of RKORD THE SAME SHALL BE PROMPTLY SATISFIED AND DISCHARGED OF ~:.CORD AND TME ORIGIhAI OFFICIAI DOCUMEP~T 1SUCH A5, FOR INSTANCE, TME 1AX RECEIPT OR THE SAT!$fACT10N PAPER OfFICIALIY ENDORSED CERiIFIED) SHAtI BE PIACED IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN OAYS NcXT AFTER PAYMENT; and in the eveM that any thereof is not d, sar sfied and discha~ged sa'd hIORTGAGEE may at any t~me pay the same or any part thereof withoW waiving or affecting sny option, lien, equity o? ~~;ht unde~ ot by virtue of this mortgage and the ~ull amount of each and every such payment shall be immediatety due and payable and ahall bear ir:terest +~cm thA dafe ttiereo~ u~t~I pa d at rate of nme per cent~m per annom and together with such interest shall be stcured by the lien of th s morgrage ~';i . . . . . _ . . . . ~ . . . . _ . . ..:~.s`":