HomeMy WebLinkAbout0307 `3~34~ ~ . t
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THIS INOENTURE. Mad~ M~ 23rd ~y ~ July ~.o. ~g 75 r~M,~„ ~
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L pean Mavs and Sh~ron Mays~ kis aife ~
af 4t _ I.uCie Cpy~~ry FIOfi~, Mf~~M~IM fJ~fi0M1Od ~s tM "MORTGAGOR;' ~nd FIRST fE~ER/?L SAVINGS AND LOAN ~
ASSOCIA?!ON OF FORT PIERCE, ~ aorpa~tion orpw+tud N+d ~xis~iny wxlN IM law~ of th~ Unit~d Sut~s of M+xiu and havMp iq princip~l plac~ of
bwin~ss h th~ CNy d Fat Pi~ra, St. lucis Co~nty, Flaid~, Mt~inaNK daipnat~d a th~ "MORTGAGEE.° ~
WHEREAS tM MORTGAGOR is ~tly ind~bt~d 10 ~M MORTGAGEE In fh~ ium of = 26 O0 . 9ood u+d I~wfui ma+ey of tM Uo~ted
StatN ~dvanc~d by tM MORTvAGEE unto the MORTGAGOR, as ~vidsnced by • cataM promiuory not~ of ewn date herewith, of wfiich the iollowinp M
word~ and fi~ura is a rru~ copY. fo-wit:
26appp,pp ~,~,10021494
Fort Pt~rc~. F~orida,. Ju ly . 23 ~ 19 75
Por valw roc~iwd, 1, vw w ~ither of us, promise to p+y, without defslcalion, to the order of FiRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF
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fORT PIERCE at Fwt Piarce, Fiwid~, th~ sum of = 26 a.0~ • 0O with int~ret~ trom date at the rste of 7~ per annum, in rta~thly instsll-
me~n u fol:owt: ~ 23~. ~O on the 2Oth day of September , 19 75 and a lik~ sum on tM correspond~np d~y of each momh therr
aftK ~ntil ~he whole be fully paid.
Each inst~llrner?t fint ah~il b~ applied in paymeM of the interest ud lhen on tM unpaid !»I~nce of the prirx~pal wm. If defautt is m~d~ in tM
payment of ~ny installment when dve, end wch defsult continuss 30 dayt, then at tM option of the holder, and wtthout sny othe~ ~otice, all the r~mak~u+p i
inst~llmenb sh~ll be dw ~nd payable at onc~. Priviley~ h givee~ to ptepaY thw not~ in whob or i+~ p~rt at any time without penalty. Ntithe~ fwebaaranoe,
nor ~aeptanc~ by tM hoWer tMreof aker any defauk in anY paymeMS hereo~, sFall be deemed extension. A laee p+Yrn~M charge of Z11• SQ. shall b~
added to ~ach installment r~rnaininy unp~id 7 days ~ftK ib dw date, snd a like sum ~Fall be added to each ~uch installmcnt remaining unpaid 7 days aft~r
each s~caedi^p WYment dete.
Each make~, surety aod endoner hsrwf, jointly u~d severally, waives demand presentment protest and notice of protesf fw nonpayment, ar?d fwtlwr
agnes to uyt ~xtension of time of payment, either befw~ w ~he~ matwity, witAout ratice to any of us; and to pay ali cosU of mllection, inciudinp ~
reasonable attomey i fee in the event oi any defauh herevnder, ~nd htr+by seve~alty waivcs ~II benefit of homestead and exemption under tM tonstitution
and bws of e~cli Sate of ths United Sutes, as psinst this obliQstion or any exte~sion w renewal hereof.
Witness ttw Iw~d ~nd xal of e+ch party.
. (SEwU
1'r 1-. ~ ~ S/ 1.. Dean Mavs ~
~ (SEI?U
~ _ S/ Sharon Mays ~
~ $39.00 ~ sr.+. Rrwnu. ~ .
26 000.00
NOW, THEREFORE, tM MORTGAGOR for th~ p~rpos~ of secwinp pa~rmeM of s~Id sum of = • , and the performance of th~
cowna~n aed ~qnem.nrs harNrNfr~r ~apressed, and for diven yood and wtwb(~ consideraYrons, by these presents, doea grant, bsrpain, se~l, remise,
rele~a~, conwy and oonfirm unto 1M MORTGAGEE, its svccas~on and ~uiyns, ~U that cert~in bt, pisu o~ puc~l of land, titu~t~, lying, and beinQ in th~
~~~y pf St . LNC1@ ~nd State of Fbrida, dacribed u ioltowr.
~o~- 60~• Ot - ~~S
Lot 1, Block 21, LAKEWOOD PARK~ UNIT NO. 3, as per plat thereof on file in Plat -
Book 10, pages 63 and 64 of the public records of St. Lucie County, Florida
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` ~TATE ~F F1.._.~RIG~ ~
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~ r OCCUMCN?AR`''%'=:.-,~STNMP i l, ~ ~
°c~ iiFP:.GF P.EVE~iUE "
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! IN PlAYMOtf OF Tly(EY
i ~ Dl~ ON q/1,~ ~C' INTAM61ilF rEA90Ml1t PRO~ERIr~
i p~R~MN[ 1~ CIMPTER n~ ER
~ Ofl9ll.~t~~
F /~p/~'~ /~y~~{ ?~n,c /y~ n.
~ w~W, M/{//~./ M~K ~'I r~
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topeth~r with all ~+d ix+gul~~ tM ten~mMn, heredit~menb a~d ~ppurtances thereuMO b~~o~ging or in anywise appertainirg tF~eto, and ~II renq, issws,
proceeds snd profib acuuiny and to accrue from said premises, all of which ue inclvded in the abov~ ~+d fwa9oiny description uid Mbendum.
~ TO HAVE AND TO HOLD tM ~bow described ~nd g~anted premites unto tM ~aid N10RT6AGEE, its suaeswn and ~s~gns forewr. Md th~ safd
~ lV50RTGAGOR fo~ their executon, ~dministr~ton and •uigns, F~ereby wwnsnri with ths wid MORTGAGEE, its suocssaws and ~uipns,
~ rhat they are ~~~~y ~;zed of tM s~id premiws in fee simple; that the sarn~ ue free, ck+r ~nd dixFuryed fran all liem and a~a+m-
~ brances in law o? in equiry, and ths t e will ~nd th@lI he{n ahall wsrrsnt and def~nd the titl~ to the sam~ to th~ saW
~ MORTGAGEE, iri succeswn and sug~s, fwever ~pairot tl+e I~wfvl claims ~nd demandt of ~11 personst ,
~ PROVIDED, ALWAYS th~t if the MORTCaAGOR ah~ll p~y unro the MORTGAGEE th~ promis~ory note hereinbefon described and sh~ll truiy, promptiy
and fully perform, discMry~, exacute, compl~t~, canply with and abid~ by e+ch and every the seipul~tions, apreements, conditions ~nd ~nn of said
~ promissory nob aod of this Mort9sy~, than this Mort9ay~ and the 6tate ha~by uested shall ceass and be null and void.
~ IT IS UNDERSTOOD that the word °Mort9ayor' whether in the sinyubr or pl~nat anyvvMrt i~ tF?is INortype, shall be sinpular if one only u~d ~"C
~ shall b~ plursl jointly ~nd severally if more tMn one, and tMt the word "their" n uscd anywMrs in this Mwtyspe shsll be tsken to me~n •'his,•• •'hxs,'•
or "its," wherave? the oontext w implies ot admit~. Alw, tl?~t wherever there is a reference in the covensnri and ~preemenb herein oontain~d to am oi
(~9 epresernatives, success«s ~nd ~ssiyra (either volumary by ~ct of tFM
~ the puties herNO, tir same sh~ll be m~strved ro mean ~s wsll as tht hein, al r ~j
pa~ti~s w involuntary by oper~tion of the law) of tlu ssme and tMt the coven~nn herein contai~ed shsll bind and tM benefit~ and ~dvant~p~s im~~ ~
to th~ rapectiw Min, Ip+l tepresentatives, successors and ~u%yns of the puties hereto. ~
Md said Mortqspors, for th~msehes ~nd tlkir h~irs, Isyd r~presentat'nes, successon and assipns, hereby jointly and severally oovenant and ap?~e ~ ~
to and with tM said MORTGAGEE, its s~?u~ssors and assiq~: ~
~ 1. To pay dl and sinyulu th~ printipal and inter~st and the varian ~nd wndry svms of morMY paYabl* by virtue of ~aid promiiwryr noh. ~nd thb ~ ~
~ mortya~. ~ad? ~nd svery, promptly on tM days respectiv~ly tiw wn~ ~ev~rally becom~ due. '
2. To p~y all u~d sinpvlar th~ t~xa, usessmenb. Iwies. Iisbilities, oblgatam a~d N+n~nb~ancss of every n~wr~ and kind naw on said dacribd ~'i..~ S
P~aPMY, a tMt I»reaher may be irnposd, suffer~d. P~aad, kvied, a au~s~ed tl+erwn, or tMt here~Aer may be I~vi~d or ~sse~ied ~ipon thi~ Matp~ V•: ~
~ a tM Md~btedr~ss ~ecur~ Iw~eby, each ~nd wKy, wMn dw u+d payabN, aaordirg to law, before they bew~ delinq~eat, and b~fon ~eqr int~~st ~
~ attathes or amr penalty is kKUned; AND INSOFAR AS ANY 7HEREOF IS OF RKORO THE SAME SHAII BE PROMpTIY SATISFIED AND OISCHARGED Of
RECORO AN~ THE ORIGINAt OFFICIAI DOCUMENT (Sl1CH AS, fOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION PAPER OfFK1ALlY ENDORSED
~ OR CERTIFIED) SHAtL 6E PLACE~ IN THE HANDS OF SAIO MORTGAGEE WITHIN tEN DAYS NEXT AFTER PAYMENT; and i~ tM event 1Mt ~ny thenof b nw
~ paid, sat'sfied and distharyed sa:d MORTGAGEE may st any timt psy th~ same a any pe~t thereof without wsivin9 w affettitg any option, litn, puity a ~
~ •ipht ~~der a by virtue of thit mortyaye and the full amount of each and every such paymeM ahall be immedistely due and pay~bk and shall bear intKest ~
~rom the date tF~e?eof until paid at rate of nine pe~ tentum per amwm and royethe? wilh such interest thafl be secured by the lien of th's moryt~ye.
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