HomeMy WebLinkAbout0209 . 3~3`3',s ~
THIS INDENTURE. /N~d~ the 16th ~y of .Jlll~/ _ , A.D. 19_Z~., betwta?
David P. Edwards and Ann H. Bdwards, wife
of St . Lucie County Fiwida, hereinaf~ar de~ignated as the "MORTGAGOR," and FIRST FEOERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PIFRCE, a co.paaYron apani:ed and exis~ing unde? Ihe la~,rs of the Un~ted Sta~as of America and Mvir~g ib prw?cipal.pl~ce of
busineu ie? tM City of Fort Pieres, 5?. lucie Couny, Florida, herei~a(ter designated a• the "MORTGAGEE:' ;
23 000 00 i
WNEREAS tM MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of S- ~ • good and lawful mo~ey of th~ United
Sfates advanced by the MORiGAGEE unto the h1•J~tiGAGOR, as eridenced by a cer~em promitsory nate of even date he~ewith, of which the fol{o•rrinp in ~
ords and f' wes is a uue copy, to-wit: °
~23, 00~.00 ^ ~ ' ~ ' ~ ' , ~ 11000335
fwt Pierce, Flwida, `july 16 19 75 t
fd val~e received, 1, we w either of us, promise to pay, without defalcation, to 11~e order of FIRST FE~ERAL SAVINGS AND LOAN ASSOCIATION OF {
FORT PIERCE al Fcrt P~rrce, Hwida, the wm or s 23 LO00 ~ OO _ y„~~h inre~es~ from date ar the rate of _ 8~ 7~ per annum, in monthly ins1a11-
•~~en~s as follows: S- 1~'~ on ~he 2Ot•4iay of AuQUSt Iq 75 and a like sum on the correspor~ding dsy oi each moMh tFKrr
arter until the whote be tulty paid.
Each insrallment (irst shall be appl~ad in payment of the interest and then on the unpa~d balance of the prindpal sum. If de(a~lt is made in the
E.~~mrnt of any inatallmenl when due, and wch d~fau~t con~:nues 30 days, theo at tne optlon of the holder, and without a~y other notice, all the remaining
~•;+aliments shall be d~e and payab~e at once. Privitege is givan to prepay this no~e ~n whole or in part at any time without penalfy. Neithe~ forebeararxe,
• o. acctptance by the hoider thereof aiter any default in any payments hereon, shall be d~~emed extensio~. A late payment tharge of S~1L, shall be
-d:f~d ro each insratimem remain~ng unpa~d T days after its due date, and a like sum shatl be added to each such installmeN remaining vnpaid 7 days aftet
~~ach succeeding paym.ent dare. ' -
Each make.•, surety ane! endorser hereof, ~oint:y end severally, wa~ves dema~d, presrntment p~otest and natice of protest for nonpayment, and furlher
~_~rees to any extenuu:~ of rune of payrnent, e~~her bafore w after mawrity, wiri:out not~ce to any of us; and to pay all costs of eollection, including a
r: .,soeab!e attocney's fee in tha event ot any Jefauh hereunder, and hereby se+eratly waives all benefit of homestead and eaemption under the tonstitulion
,:d !a•tis of each Statc o~ the Umted S~ates, as aga~~~st this obl~galion or any extens+or or renewal heteof.
W~tness the hand and seal of each party.
_ S/ David P. fi ards ~~y
` cs~?u
nn . war s ~i~
$34.50 t~,_ u_ ~ j
~~~~X~ S~ate Revenus .
23 000.00 ~
NO'N, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S ~ and fhe pe?fomiance of 1hs
co:enants and agreements here~natier e,~prrssed, and for d~vers good and valuable consideretions, by these presents, does grant, baryain, sell, remise,
-~-~ease, co~vey d corii~rm ur~to tF.e MOr~TGAGEE, its successors and assigns, atl that certain lot, piece w pucel of land, situate, tying, and be+n9 in ths i
:ounty of __~t. I'uCle and State of florida, described ~s follows:
a~,~ ~ ~ ~o~ ~ ~c%
A Condominium parcel designated as Aj,art~ent Nd. ~`s, BUILDING 914, of
HIGHFOINT OF F~ORT PIERCE oONDOMINIUM SECTION l, a condominium according '
to the Declaration thereof, dated August 1, 1974, and recorded in O. R.
Book 230, at page 2201, inclusive, of the public records of St. Lucie
County, Flc,rida, together with all of the appurtenances thereto, all
according to said Declaration of Condominium.
SUBJECT to all of the provisions of the Declaration of Condominium and
Exhibits thereto, and any and all restrictions, reservations, easements,
licenses and including a lease recorded in O. R. Book 226 at page 558 of
the public records of St. Lucie Gounty, Florida, which the mortgagors '
assume and agree to perform and abide by.
.
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~ t~~::- ~~_"~rEti~~ =;iT~``~ . v" 1N PAYIIEtii OF tl1X~
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, _ P3z~ J E, ~ 0 ~ pUE ON CIA~ .1~ ~ pf 1971. C
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f qF~( CIRCUI~ ST. WCIE 00, ~
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~ +egether with aH and singular the fenements, hered~taments and sppurlances iherevnto belonging p in ~nywise spperfaining thereto, and aU rent~, iuves,
c~oceeds and profits accruing and to accrue from said premises, all of which are included in the above snd foregoing dewiptan and habendum.
TO HAYE AND TO HOI~ the above described and granted premises unto the said MORTGAGEE, its tuctesson s~d auigns forevq. And th~ sald
~ - - their
vORTG R fw heirs, e:ecutws, administrators and assigns, hereby covenanri with the said MORTGAGEE, its successon and ~ssip+q,
~at -~~ey dre - iawfull seiied of the said
~ y prem~ses in fee simpfe; ~hat the ssme are free, clear and dischsrged from all liens and encum-
:~ances in taw or in equ~ty, and that they w;11 and their ~~n shall warrant ~nd defend the title fo the same to 1M s~id
's ~~(GAGEE, its z~ccess~rs and assigns, (orever against the lawful claims and demands of all persons; °D~
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PROVIDED, ALWAYS Ihat if the 1AORTGAGOR shall pay unto the MORTGAGEE the promisaory note F~ereinbefore dest?ibed and shall ttvly, promptly
; --d fvl~y perform, d~scharge, exec~te, ca~rcptete, comply with and abide by each and every the sfip~lations, agreements, cooditions and tovenanri of s~id ~ ~
x ~~:nso+y note and of this Morfgage, then this Mortgagt and the Estate hereby created shalt ceax and be nutl ~nd void.
s
# IT IS UNDERSTOOD ehat the wad "Mw~gagor" whether in the s~ngufar or p{ural anywhere in this Mortgage, ihsll be sin~ular if one only and ~
~ ~r,a!' be plural joiMly and severally if more than ont, and that the word °their" as used anywhere in this Mortysge sh~fl be takrn to meu~ "hi~;' "hen,"
~ "~ts." v~herever the cante,et so imp!ies or admits. Also, that wherever there is a ~eference in the tovensots snd sgreements herein contained to ~ny of ~
~ •^e parrfes hereto, t}~e same shall be construed to mean as well ss the heirs, legal representatives, wccessors and auigra (either volvntsry by atf of th~ ~
~ ,.a~t~e: or invoiuntary by operation of the 1aw) of the same and that the covenants herein contained shall bind snd the benefitt and advantayes irwt~
~ o rhe respective heirs, legal representatives, successors and au~gns of the pa?ties hereto.
~ And said Mortgagors, for themselves and their heirs, legal representatives, successors ~nd auigns, hereby jointly and severally covensnf and s9ree
~ •o and with tne said MORTGAGEE, its successas and assig~s:
~ 1. To pay all and singular thc printipa! and interest and the variovs and sundry sums of money payabk by virtue of said promisswy note, snd fhis
~ -r.ortgage, each and every, promptly on the days respettively the ssme severally becortro due. ~
~ 2. To pay all a~ ~ingular the taxes, assessments, levies, liabil~ties, obligations and encumb~ances of every n~ture and kind now on said deuribed
~ e: operty, a that hereaiter may be imposed, su(fered, placed, levied, a assessed thereon, or that hereafter may be levied w usessed upon this AAorty-
~ age. w the indebted~ess secured hereby, each and rvery, when due and psyable, xcading to law, befwe they become delinquent, snd befwe any interesl
a•~rches or any penalt~ is incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL 8E PROMPiIY SATISFIED AND DISCHARGE~ OF
~ ?crORD AND THE ORIGINAL OfFIfIAt DOCUMENT (SUCH AS, FflR IIVSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSEO
~ CR CERTIF{ED) SHALL BE PlACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not
s :.~:d, sat'sfied and discharged sa'd N10RTGAGEE may ~t any Nme pay the same or a~y part the~eof without waivirg or affecting any opfwn, lien, ~qviry p
~ ~~qht vnder or by ~+irt~e of this mortgage and tfie fvll amo~nt oI each and evay such payment shall be immediately due and pavable and shall bear inttrcst
~ •F ~i a • rate oi nine per centvm per annum a~d together w~th such interest shall be secured by the lien of t~~ s•.~ora}age
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