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Home My WebLink About2288 ~ 3064'79 THIS INDENTURE, Made the_ 21'SL day of April n.~. 19_?S~ between Jimmy L. Pauley and I.inde G. Pauley, his wife of SL . Luc ie ~~p~nry Florida, hc~einafter des~gnared as the "MORTGAGOR:' a~d FIRSi FEDERAL SAVINGS AND IOAN ASSOCIATtON OF FORT PIERCE, a corpwation wgani:ed and existing under the Ijws of the Un~ted Stataf of America and having its principal place of bui~ness in the City of Fort Pierce, St. lucie County, Florida, hereina(ter deiignaeed as the "MORTGAGEE." VVHEREAS the MORTGAGOR is justiy indebted to the MORTGAGEE in the sum of 520•800•0O good and lawful money of the Un~ted Sra~es advanced by the MORiGAGEE unto the MOkTvAGOR, as evsdenced by a cen~:n promissay nae ef even date firrew~th, of wh~ch ~he following in n~:di and fi ures is a uue copy, to-wit: s 20,8~.00 10021285 fort Pierce, Ftorida, April 21 For va,ur recrivad, 1, we or <•~ther of us. prom~se to pay, without defal.at:on, to tht o:der of NRST icDERAI SAVING$ AND IOAN ASSOCIAT~ON OF ~,_RT PIERLE o! fort P~erca, 'rlorido, ~he wm of s?~180~•~~_-_ _~n~+h ,:~r~.resr firom d'o~e at'he tate of S_?So per anr,~m, in mon~hly install- rs as '.o::o.~s: 5184-'-~ ----~n ~h~ .~rQ~ day of JUile 19 Z~-_ and a like sum on the caresponding day of ea.h month there- e••r: untii the who:e be F.~;~y pa~d. Each installment first shail be appilzd in payment of tht interest and then on the unpaid batance of tFe princupal sum. If default is made in the ~+„~~rnr of any instaltmen~ ,vhen due, and such default continves 30 daya, lhan ~t ~he opron of the holder, and without any other notice, alI the remaining ,;ra!!meros sha~l be due and parab~e at once. Privilege is yiven to prepay this note in whole or in pa~t at any time without pena~ty. Neither forebearance, r acceptance by the hofder thereof after any defau~t in any payments hereon, sha~l be d:emed extension. A late payment charge of S 9• 2O shall be ~-i_~d to each instalirnent remaining unpa~d 7 days aiter its due date, and a i~l.e sum shall be added to each such instailmeM remaining unpaid 7 days aftet ,~h succeedir.g paymem date. Each maker, surety and endorser hereof, jo~ntly and severally, wa ves Jemand, presentment protest and notice of protest for nonpayment, and {urtlur ;~eFS to any exeension of ~ime of paymem, ~;ther uefore w after maw~iry, wifhout not:.e ro any of us; and to pay all costs of coflection, inctud~ng a .,sonaule attorney"s fee ~n the event of any dr`ault hercunder, and hereby several!y waives all benefit of homestead aed exemption under the constitution ci taws of each State of the United States, as a3n~nst this obGga~ion or any extens~on or reneoia! hereof. Witness the hand and scal of ea:h party. , _ 5~.1~0lfl1y L . Pd lll@V (SEAL) . . (SEAL) S/L.inda G . Pauley ~~Ai~ 31.2 O csen~) ~ State Revenue `•en~pt-t~neeil~d-a+-o~i~iwa~ wWe) NO:Y, THEREFORE, the MORTGAGGR for the purpose of securing paymenr of sa~d sum of S 20 ~ 8~0 . ~O and the performance of the ,:enznts and agreemenh hereinafter exp~eased, ar.d for divers gcsod and valvable co~siderations, by these prese~ts, dces grant, ba:gain, selt, remise, ~.~.:se, convey ar.d conf+rm unto the MORTGAGEE, its s~ccessors and assigns, ail that cer~ain bt, piece or psrce! of laod, situatt, tying, and being in fhe County of St. LUCl@ and State of Pio.id+, deuribed as foilows: .~E~artment No. 105, Ruilding I, of I5LAND H0t~5E CON[X)~IINI~JI~1S, PI~SE I, accordiny to the Declaration of Condominium and all exhibits thereto dated Atay 23, 1973, recorded hiay 29, 1973 in Official Records Book 214, Pages 1858-1933, of the Public Records of St. Lucie County, Florida, together with all of its appurtenances accordin~ to said Declaration of ~'ondominiwn and all exhibits thereto and toyether with all tenements and .--~reditaments thereto belonging or in anywise appertaining to said apartment. a.~/~ - 7O(o - DOO.'S - G1DO~Q, ~TPJtSCT to the terms, covenants, agreements, obligations and provisions of said neclaration of Condominium and all exhibits thereto which the Mortgagor ; ~n a21 things does covenant to +lortgagee faithfully to observe and perforc~. i ~ ~ ; ~ T,~;~7' ~ ~ F L ~ ~ ~ ( ~ # v Jfri~'J~t,.~Y - ST`r:?r_i~ RE ~J ~ _ _ ' ; ~ • ~ CEIYEp ~ ~ ~ ? ` _ _ ' r'Eti~ ,uE T - - i GU: Off IH PRYMENT :f i: . ~ pASS 'C Ifl f s ag = 4' ~ l~{ I. Z O P~1R.i11ANT IO CFIppiER 71gLE ~ER9QJulL PR(~Pr: . 3~`•r " ~ RGGER PORRA,ACiS Gf lyl~. C t~ - - - - ; ~LF?ik ':IRrU1T t:~~~.!tT , if. l~c?E l'0.. : ir- ! ~ ~e~her with all and singular the tenements, bered~taments and appurtances thereuroo belonging or in a~ywiu appertaining thereTO, and al~ rents, issues, ~ : roceeds and profits acc.u+ng and to acvue from said premises, all of which are irxluded in the above and fore~oing destription and Fwbe~dum. i ~ 10 HAVE AlVD TO HOLD the aboye de:cribed and granted premises unto the said MORTGAGEE, its s~cceuors and auigni forever. And tM said their ~ ORTGAGOR for heirs, eaec~tors, administrators and assigns, hereby covenants with the said MORTGAGEE, its sutcessors and uiyns, ~ th ~_are___ ~aWfvuY sei:ed of the said premises in fee simple; that the wme are free, clear and diuharged from all liens and encvm- - ~ -ances in law or in equity, and that thev will and thei~_ he~n shall warraM a~d defend the title to the sams to the ssid n :•~RTGAGEE, its successws and ass~gns, forever against the lawful claims and demands of all persons; K PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed and tMll ?ruty, promptly _ d fv!!y perform, d~scha.ge, ewecute, comp~ete, comply with and abide by each and every the stipulatio~s, agreemeMS, conditions and covenants of ssid "'a _-:ssory note and of ~his Mortgage, then this Mortgage arx! the Estate hereby created shall ceau and be null and void. ~ t1 IS UNDERSTOOD tha~ the word "Mort a or"' whether in the s~R ular or lural an here in this Mort e shsll be si ubr if one ont and ;a 9 9 9 P 1^N 9a9 . ^9 Y c~•a'! be plural joiNly and severally if more than one, and that the wwd 'their" as used anywhere in this Matgage thall be taken to mesn "his;' "hen;' DO ' '~ts." wherever the context so implies or admits. Alw, that wherever there is a roference in the covensnts and sgreements herein contained to any of ~ e pa+ties herero, the same shall be co~strued to mean as well as the heers, {egal representatives, svccessors snd assigns (eithe~ voluntary by ad of the ~ ; ~ -a~!~e: o~ invo!untary by operation of the law) of the same and that the covenantt herein contained shall bind and fhe ben~fits and advantsget invre ; ~ ~ rhe respective heirs, legal representatives, successors and sss~gns of the parties hereto. ~ And said Mortgagors, for themselves and their heirs, legal representatives, successors snd assigns, hereby joi~tly and xverally covenant and sgree +o and with the said MORTGAGEE, its successws and assgns: ~ ' ~ 1. To pay all and si~gular the printipal a~d iMCrest and the various and sundry sums of money payable by virtue of said promissory note, •nd thif ~-y ~ ~origage, each snd every, promp~ly on the dsys respect~vely the same severally become due. 2. To pay ~II •nd singular 1he taxes, assessments, levies, fiabifities, obligations and encumbrances of every nature and kind now on taid deuribed ~ ~ Groperq, w that hereafter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafte~ may bt levied or asseued upon this Nbrt¢ ~ age, or the indebted~eas secured hereby, each ar+d every, when due and psyable, accwdirg to law, befwe they become delinquent, and befwe any interesi ~ ~ •^eches or any penalty is inc~rred; AND iNSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNA[l BE PROMP~IY SAiISFIED AND DISCHARGED OF ~~ORD AND THE ORIGINAI OFFICIAL DOCUMENT 1SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFIGIAIIY ENDORSED ~.k CERTIFIED) SNAII BE PIACfD IN iHE NANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is nof ~ .~:~l, saYS~ied and discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or af(ecting any optio~, lien, equity a ~ ;h~ under or by virrue oi th~s mor!gage and the lull amount of each and every iuch payment shall be immediately due and payable and shall btar interest d>••, •F~e•ec~ ~ c3 d a~ .ate of n~ne per centum per annum and toge~her wnh suth interest shall be secured by the lien of rh'= morytage ~p'3j~y' ~ s~-~'J'~ +r?=;:~~-r ..4 -S ~ic~ ~°5`-~~ K~+Y?b~L v ~ _.~''t-~: ^:Y d _ `s°f'+ " N ;C`. 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