HomeMy WebLinkAbout2762 ~ ~ 3~l~~qp~'
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THIS INpENTURE, Maci~ th~ 22nd day of ~~a~ . A.D. 1975 between
_ Joseph L~, ov and Ann .''ov~, his wi, fe
of St. Lucie Counry Flwida, herrinafter desynsred as the "'MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN s
ASSOCIATION OF fORT PIERCE, a cwpaet~on orQani:ed and •xistirp uoder the laws of tM United Satq of Mxrita a+d Fuvinq iri pirxipal pl+ce of ~
busi~ in lhs City of Fort Piac~, St. luci~ Carnry, Florids, hereie?ailer designaled ai the "MORTGAGEE:' ~
WHEREAS Ihe MORI(iAGQR is ~usNy indebted to tha MORiGA(itE in the su~ ot i~~~ ~~•0O yood and lawlul mo~ey oi 1ix Un~ted ~
Srates advanced by 1M MORTGAGEE unto ths MORTGAGOR, es evidenced by a ccna~n promiaswy ~ote of eren dste herewith, of wfiich tM (ollowinp in
wurds and figurei is a uw copy, to-wit:
s 2 6 i500 .00 • r,~,130000 S4
Fwt Pierc~. F~id~. ~•ld~ 22T,l. 19.~_
fa value rece~ved, 1, we a either of us, promise to pay, without defatcarion, to ~he orde~ of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF ;
'.)2T PIERCE at Fwt P~eice, Flwida, the su+n o( S?~-f-5~--l~ with interesl frorn date it the rate of _ 9iQ'Ye per annum, in morohly install- t
•e~»s as follows: 5223 _ on ~he 2Oth day of JU11' 19 7S a~d • lik~ tum on the carespaxlir?p day aJ each manth therr
~~~er i+r+til the whole be fully paid.
Eath installment first shail be appl~•d in payment of the interest and then on the unpaid balance of 1he prindpal wm. If default is tn~de in tM
~.~y=~~eN of any installment when due, and such defauh com~nues 30 days, Ihen at the option of tfie holder, and without ~ny other nmice, all the remaini~g ~
~~sraltments shall be due and payable af once. Privilege is givnn to prrpay this note in who:e o~ in part at aoy time withouf penalfy. Ntither fortbe~rancs, ~
r:0~ acceptance by the holder thereof after any default in-any payments hereon, shall ~ deemed ex~ension. A late paymem tharge of ~ 11 ~ 15 ihall be ~
~.~:icd ro etch instaliment rcmaining urtpa~d 7 days after its dua ,date, and a like sum shall ba added to each such installmrnt remai~ing unpaid 7 dayt after !
each succecdj~g payment dare. ~
Exh maker, ~urery and endotser htreof, joi~tly and severally, wa~ves dema~~d, presentment protast and notice of protest for na~payment, snd f~rther
~~~~?es to any extension of time of payment, e~ther bztore w after matur~ty, vrithoul notice to any of us; and to pay all costs of colleetion, including a
,:~::sonable attorney's fee in the event of any d.:fault hereunder, and hereby seve~aliy waives aH benefit of homestcad and exemption ~nder the tonstitution
s~d ~aws of ea:h State of the United Stales, as aga~nst rhis obGgat~ or any ex~ension or renewal hereof,
Witness the hand and seal oF each party. ' ' 4.
~ ~ • ' ~ ~LJosenh n- `~oY c~W
s/Ann `l. ~ov~ his wife
i i 39 . 75 ~ Sra+e R~venue ' ~u
. ~ IEl~1p!"l7IRl~~ a1P RIsIRAI'l10ft"I
NOW, THEREFORE, the MORTGAGOR for the purpose of sccur~ng payment of saGd sum of =Zf+ -~+~N1 -~1(1 , ~nd ths performance of the
covenants and agreements hereinaf~er expressed, and fw d~vers good and valuabls consi~e?etions, by fhese presents, does grant, baryain, sell, remise,
r~'aase, co~vey and co~firm unto the MORTGAGEE, its svcceswrs and assigns, aU that certain lot, piece or parcel of land, situate, (ying, and beinp in the i
County of St. Ll2Cl@ and State of Fbr~da, dexribed follows:
i
Lot ln, F~lock 3218, P~"??T ST LtiCIE, ~'IA~'~STa PiNFS #1, as per plat ~
~
recorded in Plat P,ook 16, Pa~e 35, of the oublic I'ecords of St.
Lucie county, ~-loriaa, 3ya i-- Jl~a -O/O/ -~Od~S~
~ . " ~TA ~ E ~LO R! ~ ~
' ~ DO~_:i,ti1EhiARY i' STl: FJI P~ t~
; - , ~
~ c ^ `y' :~E?i. ~?i i!FYE.`;UE ~ ~
t K~ ' PR = y:.lt:''.~~' `,..:,~i.
- 3 9. 7 5 '
M ~..~t•_
m _,.`.7 ~ .S .
~ o _ - 1 RECEIYED b C)IN WWIIEM OF 711XES
DUE ON CIJISS 'C INTN1618~ ~ P~R~~ _
~ p~i~UAt(i 70 txMPiER 71•13~. ~ OF 197L~~ ~
~ Rp6ER PORRAS
~ q,ERK CIRCUR ST. l1lCIE 0~~ fu ~
~ f
e ~
~
$
~ ~ogether with afl and singular the ter?ements, hereditaments snd appurtances thereunto be{ongirg or in anywife eppertsinirg thKeto, and all rentt, issues,
~ :•oceeds and profits accruing and to scuue from said premises, all of whrch are included in the abov~ snd foreyarg description and haberdum.
~ TO HAVE AND TO HOtD the ab9ve described and granted premius vnto the s~id MORTGAGEE, its s~ccesson u+d assiQns fortvu. Md tM pfd
'tORTGAGOR fw ~bQ~ - heirs, executors, admi~istrators and auigns, Fxreby covenuits with the said MORTGAGEE, Ns successon ~nd auipm,
~
,;~~f _t!7e,~1 are _ ~awfully se:zed of the said wemises in fee iimple; that tM samt ue free, ckar and discharyed from all Ikm and ~ntum~ ~
s
e crances in law or in equity, and that thev will and tf'eir hein shsl) wsrrsnt snd defend f7» titk lo th~ s~me fo tM said ~
v^~kiGAGEE, its successo?s and essigns, forever against the lawful claims and demsnds of all perwns; dy~ ~
's PROVIDED, AlWAYS that if the MORTGAGOR shaU p~y unto the MORTGAGEE the promiisory note hereinbefore deacribed and shall fruly, promptly p~p
; ,-d iutly perform, dixharga execute, compkte, comply with and abide by each and every the itipulations, apreert~enb, conditans u~d covsna.~b of said ~ ~
} .•;;m~:~ory note and of this Mwtgage, then thit Matgage and the Estate hereby ueated shall usse and be null and wid.
~
IT IS UNDERSTOOp that the word "Morrgsgor' whether in !he singular w plural anywhe?e in this Mortgsy~, thsll be sinpulu if on~ o~Iy u~d
be plural jointly and xverally if more than one, +nd thet the wad "their" ss uud anywhe?e in this Mort~sa9s sMll bs taken to me~n "his;' "htd,"
' •"~ts," wherever the context so implies w admits. Also, that wherever fhere is • refe.ence ie ~he coven•nn and syreemenn herein confainsd w sny oi ~
~ •~~e pa~iies hereta, the ~me ihali be construed to mean as well as the hei~~, legal represe~t~tives, successon and assi~ru (either voluntary by ~c1 of th~
~ : a~r~es or i~volunt~ry by operatwn of thc law) of the ssme and that the covenants herein cont~ined shall bind ~nd fM bsnefib and advantapes Inur~
~ ~o rhe respective heirs, tegal representatives, svccesson and ass~gns of the parties hereto. ~
~ And said Mwt s, fw themsefves and tFrcN heirs, 1 al re esenutives, succeswn and au' ro, here ` ~
9~ ~9 W ~ by jointly and ssverally covtnant ~nd y~~e
" ?e and with the said MORTGAGEE, its successas and assigns: ~
~ 1. To pay all and tingular thc prirxipal and imerest and the vsrious ~nd sundry wms of money psyab~e by virt~e of said promiuory note, ~nd this ~i ~
~ r.ongage, esch and evcry, prompfly a? the dsys respettively the same seve.ally become d~e. ~
~ 2. To pay sll •nd sing~lar the taxea, assessments, levies, lisbilities, oblig+tions and encumbances of every natw~ ud kind now on said d~scribed
~ c~operty, or th~t t~ereafter may b~ ;mpossd, suffered, placed, levied, or ssscued thereon, a tFyt hereaftd may b~ levied w a~ses~ed upon tF~is Mort¢
~ z9e, a the indebtedneu secured hereby, each and eve~y, when due and payable. ~ccwding to law, befo~e they becan~ delinqveM, and befor~ u~y intsr~sl
,rracnes a any penalty ia i~curred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SA/NE SHAII 8E PROMPTLY SATISFIED AND OISCHARGED OF
~ e~CORO AND THE ORIGINAI OFFICtAI DOCUMENT (SUCH A5, FOR tNSTAN~E, THE iAX REGEIPT OR THE SATISFACTION PAPER OFFICUILY ENOpRSED
~ ~R CERTIFIED) SHAIL BE RIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMf any ihereof is not
~ :;.~~d. saf:sfied and dixharged sa:d MORTGAGEE may at any t~me psy the same or any part tl~ereof without waiviny w sffectirg u~y option, lien, equity ot
•~~r under w by virtue of thii mortgage and tF+e full smovnt of each snd every such payment shafl be immediately due and paysbk and shall beu inter~st
'~om rhe dare ~!~ereof ~n+~l pa d a~ rate of nine por centvm per annum and together with suth intetest fhalt be sstured by the lien of th's rrsorgtage.
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