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HomeMy WebLinkAbout2937 3~~t~1$ THIS InOENTURE, Made the 218t day oi _ ~~aY _ A.O. 19 7S - betwcen ^ GarZr J. Stee le and IVar~~~ Stee 1e his wi~~ _ of St. Lucie c«,~r„ Ftorida, he~rinaiter desg~ated as ine "h10RTGAGOR," and FtkST FEDERAI SAYINGS AND LOAN ASSOCiAT10N OF FORT PIERCE, a corpwata~ organited and exis~~ng unde~ ~he ~aws of the U~~ted S~atQS of America and hsving in principal plic~ of bu~~ness in ~hs Ciry of Fort Pierce, St. lucie County, f~orida, hereina~tr~ des~gnated as the "MORTGAGEE:' LYHERE.4S the 610RTGAGOR is jusdy ladebted to the A10RTGAGEE in Ihe s~m of 5--~?~ t-~~~1-~~--_- 9ood and lawful mor.cy o( the Unned S+atea adrs~xed by ~ha SA~7RIGAGEE unto the MOkiGAGOR, as evide~ued ty a cena.~ prom~uory ~ote ol ercn datr hrrew~th, of wh~ch the iofiorring in ,no•ds a~d (igure~ is a rrue copy, to-wil: S 2`~ . t30!1 00 No 0 1~fLS_ Fo~t Pierce, Flor~da, ~d V 21 a 14~5_ Fw vatve received, 1, we or eilher of us, prom~se to pay, withovt defa'cabun, lo ti.e order of N&Si FEGERAI SAVIt~G$ AND IOAN ASSOCIATION OF F,~RT PIERCE al Fort P~erce, f,or~da, the svm oF S-2-Q-~$Q~~QQ---- w.t~ ~~~'rrest irom date a1 the rate of _~.~o per annum, in monthly instalt- :~rs as to;!o..s: 3_ 240• _ un the?Qth _ day oi ___~4.j2_~~QY, 19_ 7~__ and a tiMe sum on the correspund;ng day of each month 1F+tre- a•!r: ~:ntil ri~e wf:oie be fully pa~d. Fath .•+~•allment iirst aha!I 6e oppiled i~ paymenf of the inrerest and then i.n the inµa:d ha'ance o~ the p~i~cipal sum, lf defautt is made in the ,,.r.ent of a:ry msralim~:~t whan due, ~~~:3 ~uch cI?T3u~t cen~ir.~es 30 days, then a! ;nr cp~.on oF il:e ho~der, and w+thout any o~her notice, al! the remain~ng s!o~°:;:enis shai~ be doe and payabte at oncr. Pnv~~eyF is g~~rn to prepay thi: note ~n whole or in part at any time w~~hout pe~alty. Neither forebearance, atcapsance by Ihe holder th.ereof afrer any dafau~t i~ any pay:ne~ts hereon, shail be deerr.cd extensicn. A late Qayme~t chatge of S_12• 0O. shall be to eech Ensto,i~nrnt re.no.r„rv~ un~:a.d ? d3.s aiter rts due ~ate, and a i~ke sum shali th: addrd ta each such instaltment temaining unpaid 7 days aher svccreding payment date. Eath mekcr, svrety and endorser i:ercof, jo~ntty and severaRy, wa:ves dr:m~;:d, presentment protest and notice o( protesl for nonpaymeN, and 1uAher a-;~ees to any extension of tin:~ O~ poy~nzr.l, e~t~~er !i~•~U!C M after ~.:at~r~ty, vriti.ou! nct;ce to any of us; a~d to pay all eosls of eo~lection, indud~rg a ;onable atromry's fee the evrnt of any d~ `a~'~ ~i.~;~yc~nda~, and hereby se.e~~iiy waives atf txnefit of Iwmestead and exemptioro voder the constiTUtion d~aws of esch S~~:r of !f~e Ur;~ted S!ares, ,s aya~~~st FH~; u61[ya!ion o? any e..+ens~on ov reneviat Rereof. 4 Ylitness the hand and seat cf B3t~= p~rty. Gary J.Steele• ~sEAq cs~?u S/ Nancy E. Steele csEnt) ~'44. 7~ _ ) State Revenue t~u i xx ~c~tot NO.N, THEREFORE, the MORTGAGOR fw the aurpcse of securing paymert of sa~d sum of S 2~ ~~00. , artd the Ferforma'xe of the c.~:er-ants and agreements here;nafrer eapressed, and fw divers good and valuab'a co~s~de~ations, by these presents, does gront, bargain, selt, remise, .:•.:e~, canvev and confirm unto the MORTGAGEE, its succeu~~s and asa~a~s. a:! that cenain bt, piece u parcel of la~d, situate, lying, and being in the Cc,,nty of St . LuCle and State of Fior:da, deacribed ~s foltows: Lot 7, Block l, GRA~IDVIEW GARDE~S, as per plat thereof on file in Plat Book 16, page 16 of the public records of St. Lucie County, Rlorida ~Cy~.~- 7//-.;d07-D~v/c~ ST~.T W ~~=~~~i:~ i - ; : ^ : - c r:': A ~ . - . S`t. FJ~_" ' ` ~ ~ Z [ ~ _ - , _ a i F ~ ~ t ~i J j . ~ ; _ =~~~_~,~1 ~~/~_~~.70i t ~ t: _ rg - "3'~/ ~ Ci ~ r, s! ~ ~ S - U WIIfMEM ~?lOf~ i Dlff ON CLASt ~C' INTAN6ISlE ~'II~~c G d p~(~SIk1t(T TO CFII?PiE ~I ~ ! RO~E~. Prt:,.'" K M '1 1 g (,YERK CIRC111T CO.:••~. ~'~•c ~ ~ ~ ~ ~ ~ :e+hrr w~th all and aingu?ar the tenemeMS, heredrtaments and appurtances thereunto belonging or in snywise apperisinirg thereto, ~nd all renb, issues, ~ _-_cee~rs ar,d profits accruing arr! to accrue from said premises, all of which ere included in 1he above ~nd foteyoiny desaeption snd habendvm. ~ TO HAVE AND TO HOLD the above desvibed and granted premisa unto the said MORTGAGEE, its successors and auiyns forever. Md tht s+id thQ1Y .`";RTGAGGR for - - heirs, executors, ai-n:nistrators and assigns, iereby covenants with the said MORiGAGEE, its sutcessors and astgm, ~ --~~-~g- lawf~lly sei:ed oi Ihe said premises in fee simpie; that the same are free, deu ~nd diuhsrged from all liens and ~+cwn- ~ ,•,~ces in law or in equity, ar+d that_ ~hg}L_ will and thelt heirs shill warrant and defend the title to the ssme to the wid ~'74iGAGEE, i!s successors and assigns, forever against tiu fawfuf c:aims and damands of sll persons; ° PROVIDEO, AIWAYS that if the MORTGAGOR shal! pay unto the MORTGAGEE the promissory rate hereinbefore deuribed u~d shall t?uly, promptly ~ ^ fu!!y perform, d;xharge, execute, complete, corr.ply with and abide by each and evc~y the stipulations, sgreemenri, conditiw~s snd tovensnb o1 uid •.•rnsory oore and of th~s Mortgage, then rh~s htortgage and the Estate hereby aeated shall cease and be null ~nd void. ~ IT IS UNDERSTOOD thal the word "Mortgagw" wfietner in the singula~ or plural anywhere in this Mwtgsye, shal) be sinyulsr if one only and ~a ~ s' a!7 be plural jo~ntly and seve~ally if afore than one, and that the word "fhe~r" as used anywhere in this Mortg~ge slII~11 be taken to mean "his," "hen;' C~ '~ts," wherever fhe contea~ so irnpties or admfis. Also, that whe.ever there ii a reference in the covenanti and ayreemenb herein conuined to any of r +~:e parties hereto, the same shalt be tonstrued to mean as well as tbe heirs, legsl represmfatives, successws snd auigns (either volvMary by act of the ~ :~rrea or involumary by operalion of the IawT of the same and that the cove~ants hrrein contained shall bind and fhe beneiiri ard adwntpes inure •o the respective heirt, legal represeroatives, succeswrs and ass'gns of the parties hereto. ~ i; And said Ntortgagors, for themselves and their heirs, legal representatives, succeuors and suiyns, hereby jointly and uverally tovenant and ~ree ~ +o and with the wid MORTGAGEE, its successors and assignx ~ ~ 1_ To pay all and singular tFx prinupal and interest and the var~ous s~d iundry sums of money payable by virtue of said promissory note, snd tha ~ ~-ortgage, each snd every, prompNy or? the days respectively fhe same seve?ally become due. ~ ~ 2. 1o pay •!I and s~ngular the ta:es, assessments, levies, liabilities, cbiigatio~s and eruumbrancd of every ~ature and kind now on said d~atrib~d property, cr that hereafter may be imposed, suifered, plated, levied, or sssessed tl~eteon, or that heresfter may b~ levied p useited upon this a~e, or the indebtedness secvred hereby, esch and every, when due and psyable, xcording to law, be(we they becorn~ deli~queM, and befa~ ~ny intats ~ +vraches a any penalty is inc~~rred; AMD INSOFAR AS ANY THEREO~ IS OF RKORU THE SAME SNAII BE PRO/NPTLY SATISFIED AND DISCHARGED OF ~ Q=CORD AND THE ORIGINAL OFFItIAI OCCUME!1T (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACiION PAPER OFfICIAIIY ENDORSED CERTIFIED) SHAII BE PIACED IN TNE HANDS Oi SAiD MORTGAGEE WIIMIN TEN DAYS NcXi AFTER PAYMENT; ~nd i~ the event that any thereof if no1 ~ ;:a d, ssYs4ied and d~scharged sa;d MORTGA.GEE may at any t~me pay the same or a~y part thcreof witFw~t wsiving a aRecring sny option, lien, equity p ~:;hf ~nder o~ by virtue of this~hor~gage and the fvlt amo~•nt o( each arx! every such payment shall be immed~ately dve and payable aru! shall be~r interest ~ j~nm fF.e da!e !~ereo~ vn'~! e.a d a+ rate of nine per cent~m per annum and together w~th such interest shall be xwred by Ihe lien c~ fh s morgfage. ~ - - ~ ~,z:._. _ v - r, . _ ~2~?`