HomeMy WebLinkAbout2274 30862~,
TH15 INOENTURE, Made the 13 th day of _ ~~a ' A.D. 19 7~' behveen
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Stephen risher and Sherrv [.ee "isher, his wife ~
of St • T,UCj,E~ County Florids, he~einafter disgnarrd as the "MORTGAGOR;' and FIRST FfDERAt SAVINGS AND IOAN
ASSO~IATION Of FORi PIERCE, • co~pwat~on aganized and existin9 unde~ ~M laws of ths United Statos of America and h~ving its principai pl~c~ oi
bu~ines~ Fn tM City of Fwt P;e~ce, S~. lucie Counry, Flaid~, he~einai~er detiynated as tM "MORTGAGEE."
WHEREAS 1M MORTGAGOR b jvstiy indebted to the MORTGAGEE i~ the s~m oi s 28~ 8~ good and Iawiul money of the United
S~ates advarxed by the MORiGAGEE unto the MQRiGAG~R, as ev~dencrd by a certaio promissay note oi even da+e hcrcw~th, oi wh~th tM following in
words and figu~et is a ~rue copy, to-wit:
s 28~800~00 ~ 130000~1
Fwt Picrce, Florida, " ~ a 1' 13 19 7 S
For value received, 1, vve or eithcr of us, promise to pay, without defa!carion, to the order of ftRST FED;RAL SAViNGS AND IOAN ASSOCtATION OF
FORT PIERCE at Fort P;erce, f:orida, the sum of j._28~ ~0!~ v~;tn ;nteres~ from date at Ihe rate of per aiinum, in monthly install-
~,ents as to1'ows: S__~5S•~ on the 2Oth day of JunE-' 19 7~_ and a like sum on the caresponding day of each month there-
.~!ter until the who:e be fully paid.
Each insialiment firsl shall be applird in paymem of the interest and then on the unpaid baiance o( the principal sum, If deiault is made in the ;
~..+r:ne~t oi any ~nstallment when due, and such dafauh conrinves 30 days, then a! the opiion of the holde~, and without any other notice, all the remai~irg ~
.nsrai~ments shall be due and payable a? once. Privi~ege i~ grven to prepay this note in whote o? in part at aoy time without peoalty. Neither forebearante, ~
nor acceptarxs by the hoider thereof after any default in any payments hereon, shall be deemed extens~on. A lare psyment c6arge of = 12 ~ 75 shal) be i
~dded ro each installment remaining unpaid 7 days after its due data, and a like sum shalt be added to each such installment remaining unpaid 7 days after '
each succeeding payment date. ~
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tach maker, surety and endoraer hereof, ~o~ntly and severilly, wa~ves demand, presentment protest and natice of protest for nonpayme~f, and furthet i
agrees to any extension of time of paymenl, eitt~r before or afler maturity, with~ut nof~ce to any of us; and to pay all costs of collection, intluding a
reasonabie attorncy's fee in the event of a~y default hereunder, and hereby seve~ally waives all benefit of homestead ar?d exrmption under the constitution ~
and laws of each State of the Unitcd S~ates, as a~ainsl this obllgatio~ w any extens~on or renewpl hereof. i
Wit a wd seal of each party. ~
- v Lf s te hen~ r ~AU
`4~lrl ~ d ~?u
~ ~i / s erry Lee i r ~u
'`dr~:~ 7i ~ .I~
C 4 ~`~lO• -T r ~ • ~ (SEAU •
Sfst~ Revenud'~oMry P1r~1{e, GI~1 Ce~In G~a~• ~
~!1~ , ' - . ~ ~l M? fe~~on •tpN~i ~ul~ 15, 1975.
~O1f~.yK~ lhb MpRTGAGOR for the purpose of securing payment of said sum ot s 28~ HOO.00 , p~y{amanc.e of the
~aas~f~ ~{y~5fter expressed, and fw d~ve?s good and valuab(e cons~derations, by these presents, does grant, bar9ai~, sell, rem~se,
r~ease,: t~n eand. con ~n: ur~to the MOQTGAGEE, its succeswrs and assigns, a11 that certain lot, piece a pucel of Isnd, situate, (ying, and being in ths
C6urJJy pf~ ` t G1' R: .
. 1 and State of Fbdda, desuibed as follows: i
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~~j~j~~~lock 3213~ ~~IARESTA PIP~ES, UNIT 1, as recorded
''f~3t1„P~Bt Rook 16~ page 35~ of the public records o~ St. i
- i.ucie County, Fl~rida ~
3~.~~ - 70.~ - aeo3 ~
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« ~ T'A?-E F~Q R I ?
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~;z ~ IZ~~t11`~!'r?~'?AR'~'~>~- $Tr'~M P ~ i: ~ ~
n_P',-i;~ kt:E~..ri , - -
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~ p~~-_ -~X~~t ~ _f_~ _ ~ G iN w?,rMair oF Tuc~s ~
' pUE ON CU1SS'C' t AIMISIE ~E~ ~ER11, '
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` PuesuarR ~o a+~'Ta ~l-i~t. ~crs oF ie~i.~~~ i
ROGER POfTRI?1 ~
CLERK ClRqlli ODilltZ, JI. t.ut:iE CO.. fUl s
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? fegether with all and singular the ?enements, hered~taments and appurtances thereunto belonging or in anywise appertaining fhereto, and all ~ents, issues, ~
f prp~~ds and profits Mcruiny and to accrue from said premises, all of wF~ich are included in tFro above and fwc9oing description ~nd hsbendwn.
TO HAVE AIVD TQ HQID the above desu~bed and granted premises unto the said AItORT6AGEE, iti successors ~nd auig~s forever. And tM said
!:.ORTGAGOR iw tI]eli----- heirs, executors, administrators and assigns, hereby covenanri with the said MORTGAGEE, iri succtston snd augro,
; rf,af ~3~ a~~--- :awfully seized of the said premises in fee simple; that the same ue free, ck~r aad dixhar~ed from al! liens ~od anc~
i b~ances in law or in equity, and that they W~~~ ~~d thei r ~~n shall wsrrant and defend tfie titk fo iM sams to the i+id
:'ORTGAGEE, its successors and assigns, forever against the lawful ctaims and demands of ell persons;
PROVIOED, ALWAYS that if the MORTGAGOR shali psy unto the MORTGAGEE the promisswy note hersinbefw~ daaibed and shall bu1y, prompfly
ar~d fully per}orm, d;scharge, exccute, comptete, comply with and ab~de by each sr?d every the stipulatio~s, sgreements, conditiora ~nd covenants of taid
c rom;ssory note and oi this Mortgage, then this Mortgsge ~nd the Estste hereby created shall teass and be null +nd wid.
` IT IS UNDERSTOOD that the word "Mwlgagw" whether in the tingular or plval u~ywF~ere i~ this JlAortyape, shsll be singui~r if on~ only and
: sha~l be plural jointly and severally if more than o~, and ffiat the word "their" ss used snywhen in tha Mortg~ thall be taken to m~sn "h»;' "hen;' a'0
~ o~ "its;' wherever the context w implia w admits. Also, that wherever there is a reference in the covenantf ~nd ayreement~ herein cont~ined to any of ~~17
~ }~e pa.ties hereto, the iame ihall be construed to mean af well ~s the heirs, legal ~eprescntativq, succeuas and assiyro (tither voluntary by act of ths
~ Gar~~es w involuntary by operation of the law) of the same and that the covenants herein comsined shaii bind and the benefits and advantayes iew~ ~
~ to thc respecrive heirs, kgal representatives, successors and au'gns of the parties herefo. `j'
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• And stid Mortgagws. for fhemselves and their heirs. ;egai representaiivet, s~:ccessors ~nd auiyns, hereby jointly and wveraliy coven~nt ~nd ~prK ~i/
~ en~ ,n,~:h t~u sa~d MflRTGAGEE, iei suctess :rs ~nd auigro:
# 1. To pay ~11 and s~.~~i•, tt~. P.~~~P.~ and ;nteroit and the wr~ovs and sundry svrrn of mooey pay~bk by virtw of said prom;siory note, and tha ~ ~
f. mortgaqe, exh and every, promptly on ihe days respectively th! ssme severolly becoms due.
` 2. To p~y ~ll ~nd ~ingular the taxes, assessments, levies, lisbilities, obligatiw~s ard tncvmbrances oi svery Mture and kind now on said described ~ ~
~ oroperty, w fhat hereaftN may be imposed, suffered, placed, levied, or auessed Ihereon, a that hereaftK may bs levied p usessed upon thb fi
~ age, or the indabtedness secured hereby euli and every, when dut and psyable, accadinp to law, before they become delinqutnt, and befwe any int~~~st ~ ~
: a«aches or any penalty is inturred; AND INSOFAR AS ANY THEREOF IS Of RKORD THf SAME SHAII 6E PROMPTtY SATISFIEO AND DISCHARGEO Of
PECORD AND THE ORIGltvAl OFfIC1Al OOCUMENT (SIKH AS, fOR INSTANCE, TME TAX RECEIPT OR THE SAT{SfACTION PAPER OFFICIALLY ENOORSE~ I
_ CR CERTIFIEO) Sl1Atl BE PIACED IN THE HANDS Of SAIp MORTGAGEE WITHlN TEN DAYS NEXT AFTER PAYMENT; and in the evenf that any thereof is not '
' d. sarsfied ~nd discharged sa'd MORTGAGEE may at any t~me pay the same o~ any part thereof withovt waiving or affectiny any option, lie~, eqvity p ~
~ ~.nf u~de~ w by vhtue of this morrgage and rhe full amount of each ~nd every such payment sh~ll be immedia~ely due and payable and shall beu ioterest
~•o-*+ ~h.~ da!e rhe~eoF vnt~I oa d at •ate of nine per tentum per annum ~nd together wAh suth interest shall be xcured by the lien of th's morgtage.
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