HomeMy WebLinkAbout1941 ~~Q~ ~,q5 ~
THIS INDfN1URE. Made ths 16th ~ day of _ M~-_- A.D. 19 7~-. betwea~
Barl_ V. Armstrong I II and Kdthlee~ A~ronc~_his wife
of ~t• 1'~i@ Counfy Fiorida, hereinalter dei~y~1red as the "MORi(GAGOR," and i1R5T FEDERAI SAVINGS ANO IOAN
ASSOCIATION Of fORT PIERCE, • corporat~on o~9anizcd and eaisting unda the la~s of the United SratQS of America snd having its principal place of
b~unets in ~he City of Fort Pierce, St. lucie ~o~nty, Florida, hereinat~e~ das~gnated as the "MORTGAGEE."
NHfREAS tM A10RTGAGOR is jwtiy indeberd to the MORivAGEE in the s~~~: ol S 3St1OO.~0_ 9~ and law(ul money oI the Un'tcd
~~.j~et advanced by the 1AORiGAGEE ~nro iFv MOk(GAGOR, as evid~r,ced by a:.:na:n N~c:ivasory note o~ evrn date herew~th, of wh:ch Ihe followi:~ in
,tiords and fiyurei is a frue copy, to-w~r.
s_ 3 5,100 . 00 No 10021349
fo~t Pierce, Fiw~da, M8y 16 1975
fw ~a!~e received, ~ve or eithrr of us. ~.ro~nlse tu pay, w~ihour defa'c.iuon, ~a r1.e order of FIRST FEDERAL SAVIt~fGS AND IOAN ASSOCIATION OF
';iRT Pf.RCE at Fcrt Pierce. F:or~da, the s~~~n uf S_35!_1~~•~ _ ,:~;c;rs~ Irom date at ~he ~ate of .8'7~S'~o per annvm, in ~nontkly install-
- r.s as i.~I'cws: S 289'-~~ on tha __2Othday of _'1~e 19 75_ and n like sum on the correspend.ng day of each month ~here-
~.~•r ~irti) !iie whO;e ix fully Ha~d.
Each installn:ent first shall Ge app~~rd in pay~nent of the ~~<<rrst and tl:en c~ ~he u^.pa~d bala~ce of the pr~nc:pal aum, li t~efault is made en the t
ant of any ~ns~a~~men~ ~nhen d~e, nr.d such d•_fault conrin~es 30 Jays, then at ti~r up~~on of the ho~d~r, and without any other notice, all ~he remaining ~
,;r,,il:nents shail be due and pay.~b!e at once. Priv~Ie3e is g~ven to prrpay th~s note in whole or in part at any t~me w~~hoW penaNy. NeitFxr forebearance,
acceptance by ~he holder therrof aftar any aeEauit in any payments ~~~eo^. sfi31! be der.aFd rxtensie~. A:ate paymem charge of s_14•45 shall be ~
+_d to ~ach ~r~sra;~ment remain;ng unpa~d 7 days afrer its dur dare, and a i:ke s•_m sh~;f be ao'eJ fo r.,ch such i~stalimeN rema.~zing unpaid 7 days after ~
s
V• succeed~ng paymenl Jaee. i
Each maAer, svrety and endoner hereof, jointly and several!y, ~xaives der.,an.l presentment prote:t a~d notke of protcst for nonpayment, and f~rthet ~
,rees to any earrns~on c,f t~n:e of pa;ment, e~ther b~fore t~r aher m~turity, .riil~o: r r.oncc To any of us; and to pay all costs of co~tect~on, includ~ng s
~:r~ablc a~to~r~cy's fee in the event of any ti.•`a~?r here~nder, ar.d hereb~ s~r~ra:iy ~aives al: Ee~ei~t of homeatead artd exemptio~ under the tonsfitulion
i:a,vs of eacF Si~tc of ti~e Un~+ed S+.ates, as a3a~ .sr thi: ob1~g~~ioo a any ~«rens~cn or renev.ai he:eof.
Ylimess the hanJ and seaf of each party.
~ : ~ ~ - ~ . • • s/Earl V . Armstrong I II
(SEAII
. ($EAL)
s/Kathleen Armstrong ~p
cs~?u
fi 52 .6S ) Srate Re~enue
- .
5+a+~pr ea+xeHed an erg~+et no~e)
NOW, THEREFORE: the MORTGAGOR for the purpose of secu~ing pavmenr of said s+:m of S 35+1~~.~ , and tfie pcrformance of the
o:enama and agreements hereinafier expres;ed, and far divers good an:! va'~able cons:deratdo~s, by Ihese presen~s, does gront, bargain, sell, remlu,
_.~_~se, convey and confirm unio tha MORiGAGEE, +ts succ_ssors and asa~9ns, a!~ that ce~tain lot, piece or parcel of land, situate, lying, and being in the
.ounry of St. Lt1Cle and State of Horide, descnned as follows:
Onit A- 8, LA 6NTRADA DBL MAR, a Condominiun, according to the Declaration
of Condominium dated December 30, 1972, filed November 6, 1973 in Official Records
E~aok 220, page 1747, and re-recorded November 9, 1973 in Official Records Book
220, page 2192, of the public records of St. Lucie County, Florida, together with
all of its appurtenances according to the Declaration.
`~p/ -S~ Gb08- doo,~0
cubiect to the termsg covenantsT aareements, obligations and provisions of said
Declaration of Condominiun which aortgagor in all things does covenant to mortgagee
faithfully to observe and pertorm.
_ _ r--~
- - - ~
; -;z- LLR1u~•
~ s AT E ~ t. ~
~ - ~~t L~M€~''TAk r ST1~M _ . ~ .
i + - - ~ t
, ~ ~ ~ : ~
i ~ r T e F~:' E~ -ti ~ i~' J'~ • C c' RECFIYEO S Ili PAY!.1ENT OF TAXES
I - ~ - - _ -
- _ ~;'rv ~~~~'~;,t~ - V J DUE O~i ClJ1SS'C INiAlYGIBLE PEr.~O,UI PROPERTY~ /
~ °F ~ - ~ PURSUANT TO CFIAPTER 71-13~, ACTS QF 191L '
x f ~ _ __r~____------ r,~
; ~
~ CLERK CIRqlR COIIRT. ST. WClE OOr EIA,
~
~
~
~ •,~erher w~th all and singular fhe teneme~ts, he~ed~taments and appurtances thereunto belong~ng or in anywiu appertaining thereto, u+d sll rents, iuues,
~ :•c:eeds a:+d prof~ts accruirg and to accr~ from said premises, all of which are included i~ the sbove and foregoing description ~nd hsbendum•
~ TO HAVE AND TO HOI~ the abcve described and granted premises unto the snid MORTGAGEE, ifs sutcesson snd sssigns foreva. Md the raid
~
: ~;TGAGOR for ~h~-~---- hein, erecu~ors, administrators and assigns, fiereby covenants with tFx said MORTGAGEE, ift succeswrs ~nd sssyot,
~ the are
--.3r - -Y Sawfvlly u~zed of the aaid prem~ses in fee simple; thst the aame are free, dear and diuharged from all lienf and encum-
~ ~~•a~ces in lew or in equity, aod that_~_ wiN and thelr heirs shall wsrranl and defend the title to the ssme to the ssid
',P.TGAGEE, its successors and ass~gns. (o~ever against rhe lawful claims and demands of all persot~;
PkOVIDED, ALWAYS lhat if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefore dewibed and ah~ll tnrly, promptly
- d fuily perlorm, d~scMarge, exewte, complete, comply w~th and ab~de by each and every 1F+e stipulations, agreemeMS, tonditions and tovensMS of said
~»sory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease snd be nu11 snd vo~d.
~ tT IS UNOERSTOOD that the word "Mortgagw" whether in the singular w plu~al anywhere in this Mortgsge, shall be sinyular if one only and ~C
=~.al! be plurol jointly and severally i( more than one, and that the w«d "their" as used anywhere in this Nbrtgsge sh~ll be Uken to mesn "his;' "hen," Oz,
h 'lts." v.herever the context so implies or admits. Also, tha+ wherever there is e refererxe in the covenann and agreemenri herein wntained to any of ~
parties hereto, the same shall be construed to mean a• well st the he~rs, legal representatives, successors and auigns (either volvntsry by scf of the ~
~ ~srrtes or involumary by operarion of the law) of the same and that the covenants herein contained shall bind and the benefiri ar?d advsnqgq inw~ ~
~ ; the respective heirs, legal representatives, successas and asrgns of the parties hereto.
~ And said Mortgagors, fa themselves and their heirs, legal representatives, successors ~nd suig~s, hereby jointly and severally covenant and aprae ~i~
~ ~o and with the said MORTGAGEE, its successors and assigns: y
~ 1. To atl and si ula~ tFx nnci al and interest and the various and sund sums of mone a~ able b virlue of said omis ~ote, a~d this ~
WY ^9 P~ P ~Y Y P f Y W ~Y
~ mortgage, esch and eve~y, promptiy on the days respettrvely the same uverally become due. ~.A
~ 2. To pay ail and singula~ rhe ta~es, a~sessmentf, levies, liabiliries, obligations a~d encumbra~ces of every nature and kind now on s+id described ~
~ oroperty, or that hereafter may be imposed, suffered, pfaced, levied, or essesud thereon, p that heresfter may be levied or ~ssessed upon this Mort¢
aye, w tM indebtedness secured hereby, each a~d every, when dve and payable, ~ccording to law, be(we they become delinqueM, and befw~ any iMerdt ~
~ -,+raches or any penaUy is incurred; AND INSOfAR AS ANY THER~OF IS Of RKORD THE SAME SHA!L BE PROMPTIY SATISFIEO AND DISCHARGED OF
~ R~CORD AND THE ORIGINAI OFFIC(AL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED
~ OR CERTIFIED) SHAII BE PLACED IN iHE HANDS OF SAID MORTGAGEE WITHIN tEN OAYS NEXT AFTER PAYMENT; snd in rhe event thaf any rlxreof is not
~ ;;r,~d, sat sfied and discherged sa:d MORTGAGEE may a! a~y time pay the tame w any part thereof without waiving o? affecting any option, lien, equity or
~ •~qM vnder or by virrue of thls mortgage and the futl amount oi each and every such payment shall be immediately due and payable and shsll bear interost
~ ~ro^ !he d~~n r~...• ~ pa'd a+ rate of nine per tentum per annum and toge~her wrth such interest shall be secured by the lien of rh"s mo•gtage.
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