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HomeMy WebLinkAbout1550 3a~96~ ~ A ril ~ ~ THIS INOENTURE. JNad~ ~he l lth d+y of ~ i: A.~.' 19~~., between _ Mohaamad AYif Part~ia and Cvnthia A oar»~ 8,, hi~ w f of $t. l.ucie , Covnty Florid+, herainafte~ detg~ated as ths "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaation aganizsd and exi~tinq vnder ~he lews of ~he United Statos of Americ~ and havinp its principa) plsc~ of b~sineu in the City of fo?1 Pieae, St. lvcie County, florida, hereinafier d~siynated as th~ "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 22~ ~0'~---• 9~ and lawful money ot the United ' States advanced by the MORTvAGEE unto the MO'2TGAGOR, as evidenced by a certa~n promissory note of even date htrewith, oi which the foilowin~ i~ words snd figures is a true copy, to-wi~: ~ 22, SOO ~00 No. l~()00018 Fort Pierce, flaida, Anlll 11 19~_ , fa valuc reteived, 1, we w either of us, prom~u ~o pay, without defalcaiio~~, to ~F,e order of FIRST FEOERAI SAVINCaS AND LOAN ASSOCIATION Of FORT PIERCE at Fo~t Pierce, Florida, the sum of S 22~~~'~ ~ti'~~h in:erest from date at the ~afe of 8s7S16 pe+ annum, in monthly install- ~:~~ms as fol!ows: S_185•~ _ on tFx __2Othlay of JulY 19. 75 and a like sum on the cwresponding day of esch month the~r a?ter until the whole be fully paid. Each installment first shafl be appfied in pay:nent of the interest and then on the unpaid balance of the p~incipal sum. If ckfautt is made in the ~.a~mem of any instal~ment wheo due, aod such default con~inues 30 days, then af 1he option of the holder, and without any other notice, all the remaining ~~s~allments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without pe~+lty. heithe~ forelxarance, nor acceptance by the holder thereof aiter any default in any payments hereon, shall be deemed exteos~on. A late payme~t charge of shsll be ~d:1ed to each instal~rr~nt remaining unpa~d 7 days after its due dete, and a like sum shail be addrd to each such installment remaining unpaid 7 days after each aucceeding payment date. Each maker, surety and endo~ser hereof, jointly and sevcralty, waives dcmand, presen~me~t p~otest and noti:e of protest for nonpayment, and furthe~ agrees to any eztension of time of payment, either before or aiter maturity, without notice to a~y of us; and to pay alI coats of co!ledion, including a r~asonable attaney's fee in the event of any defautt hereunder, and hereby severally waives ~!I benefit of homestead and exemption under the tonstitution ~,d laws of each Staie of the Unieed Sta~es, as aga~nst this obligation or any extension or ~enewal hereof. Witness the hand and seal of each party. • ti- . _ _ , . s/ Mohamaad Arif Paru~ia ~~q cs~?t) s/ Cynthia A. Parupia ~U csE~?u •75 ~ State Revenue ' NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said ium of S~~ ~Q-~~ +nd fhe performance of the covenants a~d s9reements hereinafter expressed, and for divers good and vsluab!e cons~derations, by thesa presents, does grant, bargain, sell, remise, ~elease, convey and confirm uMo the MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of Iand, situate, lying, and being In fhe Coun.y of St. j'uCie and State of fbrida, de~uibed as followt: I.ot 14, Block 386, PORT ST LUCIE, SECTION a4 as recorded in Plat Book 13, Page 31 of the public records of St. Lucie County, Florid3 ~ya o - ~~5 '~~3~r O00/7 ~ . i . . . . . . ~ C~ ~ ~M~ ~ TAXES - ' ' . , ~ ' ~Iq.E PER~ ~ry• ~ ~'~'q'._ pUE p~! pJtSt'C' ~ ~ pF 19)l. ffj~". I ° L ~ 70 q1~}'TER 71-134. ~ ~ „ U:F `U ~~`,~7UR?'. ~ s ~~'1 v.4 1 ~..~~cq[ p$(~LUCIE ('Ati M / ~ ~ ~y ' t T::' ::1 t~`' i r1 I bas.w` Cl~i R , o =,.,8,= ~~x~~•~~ t:~; 3 ~ ~ _ 3.7~~ 1 ~ogEther with all and singutar the tenements, hercditaments and appurtances thereunto belonging or in anywise appert~ining theteto, and all rents, iuues, :,~oceedi and profits accruing and to acc~ue from said premises, all of which are i~cluded in the above and foregoing dewiption and hsbendum. TO HAVE AlJD TO HOlO the above descr~bed and granted premises unto the said MORTGAGEE, its sutcesso?s and assigns forevet. Md th~ said :',ORTGAGOR for -~~e1T heirs, executo~s, administrators and assigns, hereby covensnts with the said IY~ORTGAGEE, in succeuors and asst9cu, ~ theY a tfz ~awfully se~zed of the wid premius in fee aimple; that the same are free, ctesr ~nd discharged from ~II tiens and encwrf ~ ~-ances in Iaw or in equity, and that they will and thPl2 hein shsll wsrranf and defend the title fo the iame To the said ~ ":,ORTGAGEE, its suctessors artd assigns, forever againsl the lawful claims and demands of sll per~ons; ~ PitOVIDED, ALWAYS thst if the MORiGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed ~nd shall Troty, promptly ~~d fully pcrform, d~uharge, execute, complete, comply with and abide by each and every the stipulations, sgreements, conditions snd covenants of said ~~om~ssory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall ccase and ix null and wid. ;a IT IS UNDERSTOOD that the wwd "Mor~g+gor" whether in the singular w plural anywhe?e in lhis Mortgsge, ihall be singulsr if one only a~d~ ~ shatl be plural jointly and teveully if more thao one, and that the wnrd "their" as used anywhere io this Mortgsye thsll be tsken to mean "his;' "hers,"~~ ~ cr "its," wFx?ever the context so im plies or admits. Alw, that wherever there is s reference in the covenants and aqreements herein contained to ~ny of rhe partiet hereto, tF~e same sball be co~strued to mean as wel! as the hein, legal representative~, svccessut and auiflru (eithK voluntsry by acf of th~ par.ies w involuntary by operation of the law) of the same and that the covenants herein contair?ed shalt bind and the benefits and adv+ntsp~s inur~ ro ~he respective heirs, legal representatives, successors and ass~gns of the psrties hereta. ~ ~ And said Mortgagors, for themselves and their hein, leyal repreuntatives, iucceuors snd auigns, hereby joiMly and severaUy covenaM a~d ayree ~ fo ar.d with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singuler the principal and interest and the various and sundry wms of money psyable by virtue of said p?omissory note, and fhft ~ mortgsge, esch and every, promptly on the days respect~vely the same severally become due. ~ 2. To pay +11 and singutar ~he taxes, ssussmen~i, levies, lisbilities, obligatwnt and encumbrances of evsry nstur~ and kind now on said d~saibed ~ ~ property, w thst hereafte? may be imposed, iuffe~ed, pl~ced, levied, w asscssed 11+ereon, or 1Mt he~eafter m~y be lev'~ed or usetud ~pon this Mort¢ ~ age, w the indcbtedness setvred hereby, each and every, when dve +nd payable, accwdiny to law, before they become deli~qwnt, and bsfore any inter~st a~raches or any penalty is iixurred; AND INSOFAR AS ANY THEREOF IS Of RKORD TNE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED Of aECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICULLY ENDORSEO CR CERTIfIED) SHALL BE PIACE~ tN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /IFTER PAYMENT; and in 1he event tMt any thercof is ra~ pa~d, sat"sfied and discharged sa:d MORTGAGEE may at any time pay the ssme w any paA thereof without waiving o~ sffecting any optitn, lien, equity or i •~qht vnder or by virwe of this mortgage snd the full amount of each and eve?y such payment shall be immediately d~e snd psyable snd shall bear interest jroT +he dare the~eof ~~r,rll pa"d ar rate of nine per centum per annum end together w~th tuch interest shall be secured by the lien of th s morgrage. ~r:: , ; - _ i ~ s . ~ ~ tv,~. ~.~,-s~~`. ~ ~ ~ = z.r - ;yx ~;3 ' '.Sit'~ : - - . ~ ~ ....~-~.~_'~:s - .