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HomeMy WebLinkAbout1343 • 307g36 ~ THIS INDENTURE, Mad~ the 12 t h day of F~a y , A.D. 19 7 S- benn~+ ~ Peter At Leaminc~ and Brenda '8.~ Leam,3nq.~ hic ~rife i of St. ~UC1@ ~~punly fiaida, herainatter de~g~~atrd as the "AM1ORTGAGOR," and FIRST FEDERAI SAVINGS AN~ IOAN ~ ASSOCUTION OF fORT PIERCE, • corporation oryanized and existinq u~der the laws oi IM United Sts~q of Am~riu and Mvk~p i1s principd place of ~ busin~u G? th~ City of Fat Pi~rc~, St. tvcis Carnty, Fbrida, hereinafttr designated is ~he "MORTGAGEE." ~ WHEREAS th~ MORTGAGOR is jv~tly indtbred to the MORTGAGEE in the sum oi t 3~..-lOO~• , gooti a~d lawful money of tFM Un~ted Sratei ~dvanced by the MORiGAGEE unto the MORTGAGOR as evidenced by a cer~a~n promiuory nole of e~en date herewith, of wh~ch the fotlowinp in Hords and figures is a trw copy, towit: { s30.OQ0.00 ~ 10021339 ~ Fwt Pfarce. Flori~a. Mdy 12 19 75 f Fw valva received, I, we or either of us, pro,n~se 1o pay, without deFalcat~on, to the order of FIRST fEDERAI SAVINGS ADlD IOAN ASSOCIATION OF 1 =CRT PtERCE at_Fwt P~mce, fbrida, the sum of j 30,~~ • w,th ,nr~rest from date af tf?e rate of 8• 7~ pe~ annum, in moMhly install- i ».ents aa fol:ows: j?~~ on the _20th day of J~e 19. 75_ and a like sum on ~he cwres~d;ng day of esch month ther~- ~ a~rer until the whole be fvlly paid. Each installment first shall be appt~ad in payment of the inte~est and tF,en on the u~paid balance vf the prinupal i~m. If defavlt is rr.+d~ in fhs F a_:ment of any 7nsraitment when dua, and such defaul~ con~inues 30 days, then et ihz optioo of the holde~, and without any other notice, all the remaieiny :~~srallrnenfs shell be due and payab:e at once. Privilcge is givan to prepay this note in whole or in pirt at any tima withovt penalty. Neithe? forsbNru~cs, ~or acceptance by ehe holder thereof after any defautt in any payments hc~eon, shall be deemed extens~on. A late payment cMrge of 13.3~, shall be ~d.i=_d to each instaltment remaining uopa~d 7 days aitcr ifs due date, and • I~ke sum shall be added to each such installment remsining unpaid 7 dayt aft~r each succeeding paym~nl date. Each maker, surety and endwser hereof, joint~y ~nd severally, ws~ves dema~d, presentment protest and notice of proteit far rwopay~nenf, sr+d furtF~ a3rees to any eatens~o~+ ot ume of payment, e~fher beiore w af?er matu:~ty, wi~hout narice to any of us; and to pay aU costs of collection, includlny • r-~scnable anorneyi fee in ~he event of any d.:fault hereurde~, and Ixreby seve~ally waives all benefit of homestead and exemption under ths tonstitution ;~.d Iaws of each State of ~he United Sta~es, as against ~his obligation w any extension or renewal hereof. Witness the har~d and seal of each party. ~ ~ , s/Peter M. I.eaming ~ _ ~ (SEAU s/Brenda E. Leaming ~U C 45.00 ~ _ 1 State Revenve ;SrinTpi ~ao~Qed.oa ~iyinaLoote~ . NOW, THEREFORE, ?he MORTGAGOR fa the purpose of securing payment of uid sum of S 3O • , and tM pe~foren~nce of ths covenants and agreements hereinaffer expressed, and fa divers good and valuable considerations, by tF~ese presenri, does grant, baryain, sell, remiss, . e'ease, ccv~vey s~d confirm unto the MORTGAGEE, i~s succeswrs and assi9ns, all tlwt certain lot, piece a parcel of Isnd, situate, lyirg, and beirg in ths S Co~nty of St . Luc ie snd State of Florida, defcribed ~s follows: ' ?_ot 3, Flock 167, LAKE~ti'OOD PARK,. LJNIIT #12-A, as per plat thereof record~d in ~ nlat Rook 11, pages 35, 36, and 37, of the Public Records of St. Lucie County, ~ lorida, ~30/ -lo/~~'DOOy-d00~.3 . Q - . C~~~ s ~ ~ F ~~--~5~~` Q~ ~ ' ~ p,~ N~~~~:~ ~ i~~ ~ O ` ~ ~ Cti}~~~~ ~ O J L~ ~ ; i ..v .`71~~~- ~ ~ i i c ~ 1 ~ pe ~ ~IBLE ~ ~~//~/~J ' € DIE 011 qAS~ ~R 71-134. A~TS l 3 ! ~r~_ ~/Y I'•it'^ ~ 19~~ f ~ - o 1006fR PO(TW1S ~ i G.ERK Ct~ ST. ItIClE CO.. FU~ ~ - , . F ~ c ~ ~ i k ' . ~ rogether with sll and singular the tenements, heredit~ments and ~ppurtances thereunto be{o~ping w in anywite appertaininp thereto, and all rents, iuue~ _ aroceeds ~nd paofin accr~irg and to accrue from said premises, sll of which ue included in the ~bo+r~ and fo?egoirg d~wiptan and habendum. ~ TO HAVE AND TO HQID the above described and granted p~emises unfo the s+id MORTGAGEE, its sutcessws and auiyns foraver. And tM said their '.10St7f~ GOR fa hcirs, executors, administraeon and suigns, Ixreby covenanb witF? the said MORTGAGEE, Ns wotesiots snd as~ipm, ~ ~~at t~@y are Iswfully seized of the said premises in fee simple; thst tM s~me ere 1ree, clear and d'acFrrped from all liens aed ~ ~ ~~ances in I~w or in equity, and that thQy witl and their hein shall wsrrant a~d defend tht titlt fo tM um~ to fM qid 'dORiGAGEE, its successon snd ass;gm, forever against the lawtvl claims snd deminds of all penons; - s PROVIDE~, AlWAYS thst if tF+e MORTGAGOR shsll p~y u~to the MORTGAGEE tht promiuwy note hereir~bsfor~ d~suibed and shdl truly, promptly " ~~d ivlty perform, discharge, execute, complete, comply with and ab~de by each and every the stipulations, agreemenN, tondiY~au ~nd covenanb of said ~rom~uory nofe snd of this lNortgage, then this Mortgsge and the Estate hereby ueated ahall cease at~d b~ oul) and wid. ; IT IS UNDERSTOOD that tha wwd "Nbrtgagw" wF~etF~er in ths singula? or plural anywhere in fhis Mortyays, sMll b~ sirgulu if one only and # shal~ be plural joimly ~nd severally if more tM~+ one, and that the word "their' as used anywhere i~ this Mwty+~e ~II be tak~n to rrN~n "hia," "hers," ~ ~ o~ ••;is;' wFKrever the context so implies Or admits. Also, that wherever there is a refercnce in the cov~nanb and syreanenb herein oontained to u~y of ~ rhe parties hereto, the same shall be constrved fo mesn as well +s Ihe heirs, legal r~preaenqfives, successors and ~ssgra (eitMr vol~ntary by M of fh~ ~ oart~es or involuntary by operatan of the Isw) of the sune and thst ~he co~enann herein conr•ined shall Mnd and rhe b.nef~n .nd advanrap.s inw~ ~ to the respectiw lxirs, kgal representatires, tucceuori and ast~gns of tix p+~ties hereto. ~ And taid Moetgagws, fa fhemsehres and their hein, leg~l r~present~tivts, i~cceuws and sssgra. Mreby jointly and severally covenant and ~prK ~ ~ ro ard with ths said MORTGAGEE, iu successas and assiqns: s 1. To p~y al) snd iinpular the principal and inte~est and the variovs ~nd wndry sums of mooey paYable by virtue of said promiitory note, ~~d this ~ ~ m:ortgsge, eacfi ~~d evsry, promptly on the dsys respectively the same uv~rally become due. A w ~ 2. To p+y all irid s'ugvla~ the taxes, a~~eumenb, lev;es, lisbilities, oblgatiom and ~nnm+br~nces of tvery natw~ ~nd kind rww on said dacribd ~ ~ropcrty, a th~t hereaAer may be impoted, wffe?ed. Pl~ced, levicd, or +uessed tl~sreon, a that her~after m~y fs~ Ievied o? ~ssased trpon this Morq- ~ age, w ~i~e indebtedness secwed he~eby, exh and every, when due snd payabk, sccordinp to law, befon rhey becarw delinquent, ~nd befon ~ny in»rat ar~aches w amr penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTtY SATISFIED ANp OISCNARCED Of ~ R:CORD AN~ THE ORIGINAL OFfICIAI ~OCUMENT (SUCH A5, fOR INSTANCE, TNE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED : ^R CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHiN TEN DAYS NEXT AFTER PAYMENT; snd in the event that ~ny. th~reof if not ~ ;,a~d, sst'sfied +nd disch~rged sa:d MORIGAGEE may a! any t~me pay the same w a~y pan thereof wi~hout wsiving or ~ffectiny •ny optan,-lien, equity p i ~ .~~he ~nder o- by virtue of this mortgage and the full artwunt of each and every such payment sFwll be immediately due ~nd p~yabk ~nd sMll bear int~rpt ± ~ ~.o~r. rhe date ~he•eof vnNl pa d a+ rate of ~i~e per ce~tum pe~ snnvm ind toyether w~th ~vch interest shatl b~ secured by the lien of rn's morgragc. ~ , ^ : - _ ~ _ 3; ~ _ _ . t ~r~