HomeMy WebLinkAbout0369 ~~(1'~?30
THIS INOENTURf. BAaJa tne__ 2?n(~ day or Apr~..1 A.O. 19---~5 bet«ecn
Steven Lollis and Ruth Lollis~ ris_wife
of St. Lucie ~~~~y Fto~ida, hereina(ter des:gnaird as the "MOR~GAGOR." and FIRST FEDERAt SAVIhGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpwat:on orflenized and ex~i~ing v~de~ the laws of ths Un~ted S~atae of America and Mving its princip~l placs of
huame;~ in ths Ciq of forl P~erce, St. tucis County, Florids, here~nahrr detignated ss ~he "MQRTGAGEE:' 3
WHERfAS ti» MORTGAGOR is justly indebted lo Ihe MORTGAGEE in 1he sum of 3?~-.~~~ C~ ~ good and law{ul money of the Unrted
Srates adaarxed by the MORTGAGEE ~nfo ~he MORlGAGOR, as evidrnced by a cer!a~n µrcm~ssay note of even date herew~th, ot wh~ch the fcibwing in "
ds ar.d tigwrs is e true copy, to-,n ~t:
s _ _ ~~00~. ri~ No 10021287
Fcrt P+erce, Florida, APril 22 19 75
fw vaiue rKeived, 1, ~ne or eithar oi uf pre•n~~e to pay, without defa!iation, to thc oruer u( FIRST FiDERAI SAVING$ AND Lt~AN ASSOGIATION OF
.:T PIERCE at iort P,c~ir, ite~~Ja. ihe s.m o! 5- 27-~~~l-C~-~ v.~th u~e~:est frcm date at tha rate ori'!75_.°'o per a~r.um. in monthly install-
• rs as foI!oxs: S 22?
t~_ _ en the ~ Oth_ day of J~g 1~._75 _ anei a liAe sum on th~ corresponJ~ng day of each moroh there-
•,r ~ni~i Ihe v~iio!e te futly pa.d.
Each instatlment first shall be appGrd in paymeN of the i~trrest and then on tnt unpa~d ba'ance af the principal sum. If de(ault is made in the
,,.:~rnt of any ~nstalirnent whan dur, and scch d~~fault com~nues 30 days, thao at th~ o.tion of ~he hotder, and w~thour any etner natEce, alt the remaining
s+a:I~nents shail be due and payabie at once. Privitege is y~ven to prepay th~a note ~n who~e or in part at any t~me withoW penalty. Neither forebearance,
~ ~r acceptance by ~he ho!der the:~~of afrer any detault in any payments he~eon, shafl be deemed exter.sicn. A!ate payment charge of f il ~ 1 0 shall be
+_i~ d ~o each instaumCnt rern;inmg vnpa;d 7 days aher its d~e date, and a liice aum shaei t>e addrd to each such i~sial~meM rcmain:ng unpaid 7 days after
~ a: n sucteed(ng pa~ment djte.
Each maker, surety and endoner herrof, ~ointty and severally, wa~ves demaod, presenrment protest and notice of prolest for nonpaymeM, and furthe~
.:_~-~~es to any e¦tens~on of tune of payment, e7rhe~ bafore o~ ~fter matur~ty, witho~t nonce to an~ of us; and to pay all casts of co!ledion, includ+ny a
,~SC~~abfe artorney's fee ~n the eti~ent of any defau:t hereunder, and.hereby srlerally waives aU benefit of homestead and ezemption uoder tF~e constitution
•:i :a•w•s of each Sta~r of the United Sra~ea, as aga~nst this obGgat:on or any exuns~on o. renewal hereof.
Witness ~ne Fund and seaf of each p~rtv. ~
s/Steven L. Lollis ($EAL)
(SEAU f
s/ Ruth Lollis cs~AU
$40. so . cs~"u '
} S•ate Revenue j
,b!~rws~ ~aw~eYs~.ow ~r9irr V wole) }
27 000 00
NOW. THEREFGRE, the MORiGAGpR for the purpose of securing payment of sa~d sum of S ~ • , and the pe?fo~mance of ths ~
....enants ~nd agrermenrs he~einafter eaNressed. and for divers good and va~uabie considerotions, by thete presents, does grant, baryain, sell, remise,
-r:e~sa, convey and to~firm unto the MORTCiAGEE, its successc~s and ass+9na, atl that certain lot, piece w parcel of land, situate, lying, and being in the
Co.;nty of St. Lucie and Sqte of Florida, descr~bed as follows:
Lot 9 and the South of Lot S, Block 2~ 14ELYSSIA MEAD~WS, a subdivision accord-
ir.c~ to a plat thezeof recorded in Plat Book 9, Page 72, Public Records of St. ~
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:.ucie ~ounty, Florida~? ;
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n`"~r'J f'~~ +,L y~-~ IN PAYtSENT OF TAX6
~ ~ : ~ ` ~ RECEIYED
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~ • WE ON CLJISS'C IMTANGIBIE PERSONAL PROPERIY, c
- T a p~~ANT TO C11AP`TER 71•13R. AiCTS OF 19)1.
. _ . . ~
: - c~ r" ' ROGER PORRAS
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' CIERK CIRCUfT OOU1Cf, St. WCIE 00, FIA~
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~ ;a+i,er with ail a~ sirtgula? the tenements, hered~tameMS a~d appurlances thereunto belonging or in snywise appertainir?~ thereto, and all rents, iasues, ~
~ . o:eeds and Frofits accruinq end to accrue from asid Fremises, ail of which are included in the above ~nd iweQang dexripfion ~nd hsbendum. i
; TO HAVE AND TO tiOlD tFe sbove descr~bed and granted premius unto the said MORTGAGEE, itt wccessors and +ssigns foreva. And the said ~
:,ORTGAGOR for -~--h~-1~------ hein, executws, adrrinistrarors and assigns, hercby covensnts with fhe ssid MORTGRGEE, iri successors and ~ui~ns, -
~ •..ai _ thg'Y- ~,Y~- ~awfully se~xrd of the said premius in fee simple; that the same are free, dear and discha~ged from all lierts and ~ncurrf
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i ~ ar:ces in law or irt eq.,+ty, and that they w~~~ d~ their heirs shai~ warnnt and delend the title to the ssma to /F~s said
5 :'.ORiGAGEE, its s~ccessors and ass~g~s, forever against the lawful claims and demands of ~II perso~s;
PR~VIDE~J, ALWAYS +hat if the MORTGAGOR shall pay unto the MORTGAGEE the promisso?y note hereinbefwe dewibed and shall truty, promptly
fu;:y perform, d~scha~ge. execute, ca-np!ete, correply wirh a~u! abide by each and every the stipulations, sgreements, conditions and tovenants of said
_~•sswy note a~d of this Mortga~e, then this Mortgage and the Estate hereby aested shall tease and be null and void.
1T IS UNDERSiOOD thaf the word "Mwtgagoi' whether in the singular or ptural anywhere in ihis Mortgage, shall be singul~r if one only ~nd pc
; sFa:' be p:ural jo~ntly and se+erally if more tMn one, and ~hat the word "their" as used anywhere in this Mo?tgage shall be taken to mean "his;' "hers," ~°t~
_ ~~s," wherever thc context ~o ~mpl~es or edm~ts. Afso, that wherever there is a reference i~ fhe covena~es and a9reements Ixrein contained fo any ol ~
'-.e parties Fereto, the same thall be consnued to mean as we~l as the heirs, lega) representatives, suctesson •nd assigM (either volvntary by ad of the ~i¦/ ~
; :~•+~es or invotunrary by aperation of the law) of the same and that the covenants herein tontained shsll bind ~od the benefits s~d advantages inur~
> ~ ~he respective helri, legal representar,ves, successors and au~gns of the parties hereto. ~
And said Ma~gagors, for themxlves snd their heirs, legal representatives, successors and auigns, hereby jointly and severally covsnant •nd ayree ~ ~
~ !o and with the saed MORTGAGEE, its sucCEssors and assigns: ~
- 1. to pay all snd singular nc~ principal ~nd interest and the various and sundry sum~ of money payable by virtue of said promiswry note, and this
- =orfgage, esch and every, prorr.ptly on the dayt respecNvely the ssme severally become due. ~
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_ 2. To pay •II and singvla~ the taxes, asse~sment~, levies, liibilities, ob~igations and enc~mbrances of every nature and kind ~ww on s~id dewibed
c~operty, a that hereafter may be ~mposed, suffe~ed, placed, levicd, or assessed thereon, p that hereefter may be levied u aiseued upon this Mort¢
a~e, or the indebtedness secured hereby, each and every, when due and pay~ble, according to law, befo?e they become delinquem, and befwe any internt ~
F ~'•aches a any penalty is incurred; AND INSOFAR A$ ANY THEREOF I$ OF RKORD 1HE SAME SHALL BE PROMPTLY $Ail$FIED AND ~ISCHARGEO OF '
~c ~ORD AND iME ORIGINAL OFfIC1Al OOCUMENT (SUCH A5, FOR tNSTANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIALLY ENDORSED ~
~v CERi1fIEDj SHAII 8E PIACED IN THE HANDS OF SAID MORTGAGEE WtTHIN TEN DAYS YEXT AFTER PAYMENT; and in the event tha~ any thereof i~ not ~
f .~~d sat sfied aod discharged sa d/AORTGAGEE may at any t~me pay the same or any parf the~tof without waivirg or af(ecting sny optio~, lien, equity d
~~2r.r under or by virtue ot this morrgage and the fu1l amount of eech and ev9ry such payment shall be immediately due and paysble end shall bear interest
? j~c•~ ~~fe+e r~ e-ec~ ~~~-t~! ~;a c.' a• •ate of n~ne per centum per anoum and together w~th s~ch interest shall be secured by fhe lien of th s morgtage
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