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HomeMy WebLinkAbout0311 313426 ~ TH{S INpENTURE, Mad~ ~he_~8t~ day of '1u~ , A.D. 19 75 betwesn ~11 ju., Inc•~ a o ida cQrgoration, o~ MA~ n Gounfy Ftw~da, hera~na{te~ detre~ated a> >he "MORTGAGOR," and itRST FEDERAI SAVINGS ANp IOAN ASSOCIATION OF fORT PIERCE, • co•pa~t~on orqani:ed a~d exis~iny ~nde. the laws of ~hs Un~tad Stat~i of Ameriu and Mvinp i» p?incipal pl~ce of bui~n~at M tM City of fort Pieru, St. lucis Co~nty, Flwida, hHeinafta desi9naied a• the "MORTGAGEE:' WHEREAS the MORTGAGOR is jwtly indetw:d ro Ihs MORTGAGEE in the surn of : 26T11~~~ .^_i._, good and liwiui money of Ihe Un~icd Stere• advarxed by the h10RTGAGEE unto the MORTGAGOR, as evidenced by a cer~o~n prom~ssory ~wte of eyen dafe herew~th, of wh~ch ~he follow~np in ~o:ds and figures is ~ true copy, fonil: s_26,400.00 . 100211~83 Fo~f Pieres, Flwida, Ju~ ~8~ lq~ j ~ Fw value rcceived, 1, we or eiiher of us, promlu to pay, wi~hout defaicatco~, to the order of FIRSI FCUERAI SpAVING+~S~ AND IOAN ASSOCfAT10N OF i 'r;;RT PIERCE a1 Forf ~PieQtce, Fiorida, the s~m of S- ~~`~~1~-_____ w.rh inserrrst iram date at fhe rate of ~?s31% pe? annum, in monthly initall- ~ :,~,t: as tol!ows: 3. ~iV un tht day of ~Ce~~~_ 19T7_ _ and a tike sum on the cwresponding day o( each moMh therr ~ a•~er ~Nd tne whol! be lully paid. ~ Eath insfal{ment first shall be app~ied in paymenf of the interest and then or t~~e unpr.d ba!ance of the principsl aum. If defsult is made in the • ~ F,,,n.•nt of any ~nstaliment wh~n d~e, and such d.favtt con~i.wes 3Q days, fl:en at !he opt:on of the holdar, and without any other notice, all the remaining ; ~s+alimcros shall tx due and payan'.e at or.ce. Priv:le~a ia givrn to µrepay this note in whole or in parl at any time wilhout penalty. NeitF~er iorebearaece, acceptance by the ho~drr fhereof a(tr~ eny defautt in any payments he~een. shall be deemed extens~on. A iale payment charge ot sMll be i,d lo e~ch in3falirt~r~~t ren~ammg unpd~d 7 days after its d~e date, and a S~ke wm shatl t~e added to each su:h imtailment remaming unpaid 7 days sfter ' ea:h suttleding payment date. Each maker, surety and ertdorser he~eof, ~umily and severa!ly, v~arves Je~nand, presentment protest and no~ice of protest fw nonpaymeM, and'fvrthe~ ~ e3rres to any ex!ansiw+ of tmie of paynxnt, .e~ti~a: 5~fore or afler maturity, without notice to any of us; and to pay all tosts of co~lection, inelud~ng a ~ +~onable at~wocy"s fee in the event o! any detault here~nder, and heraby sevc~alfy waives a~l benefit of homes?ead and exemption under the constitutioo ° -d 'aws of each S~a~e of tl~e Un~red States, as a~alns~ thls ob:igarior~ w any extens~an or renev.al hereof. 4 Wilneas the hand ard sral of each party. pv ~ S~~ Jay C•'BU111~92'3 ~ III ` ? • 1 (SEAI) Corporate seal affixed n~~~ President ~ ' ''Attest : S Jay C. Bumpers, Jr., _ Secretary ~ __~~~_~i0 Sfa+e tte~enue t~+praw NO'~11, THEREfORE, the MORTGAGOR fa the purpose of setvrirg payment of said sum of = 2b~l1~.~ , and the perfotmance of the t co:ena~ts and agreemems hcreinafter e:pressed, and fo. divers good and valuable considarations, by theie presents, does gram, bargain, sell, remiu, ~ ~'e ~se, convey and conf~rm unto tFu AAORTGAGEE, its succeswrs and assi9ns, ail that certaio lot, piece or pucel of land, situate lyirg, end being In tM ~ ~e~nty of St• ~1Cie and State of Fbrida, dexr;bed ~s tollows: ~ ~ d?~°~ - ~ o ? ~F ts 37 and 38, Block 13, INDIAN RIVE ESTAT , Unit 6, as per pla hereof on file Plat Book 10, page 57, Public Rscords of St. Lucie County, Florida, ~ ~ ~ Sl~AT~ ~F F"LO~:u,~: ~ ~;z ro DOCU1VsCN7ARY.= S 7,~ M F' ~ Z~ UEP.T Gi P.EYE.•iUc -~.t;^•:-.~_' T__.a. ~ ! c i p ~ - ~ ~ . ~ ~ ~'~'~`aa.'~'-.; ~ ! ~ ~ ~ _ PB. - ~ 3 9- 6 ~ ~ ~ a = ~2 _ O ~ P.ECfiVED ~ IN PAYMENi OF TAXFS ~ ~ DUE UN CIJISS'C INTAM618LE PER90NAL PROPERIY~ i PURSIfANT TO GiAPTEQ 71•134. ACTS OF 19I1. ~Jl~ ~ E R06ER Pa1TR1~S ~ € CLERK CIRqIR COURT. ST. ?l1CIE 00, f1A ; ~ r 4 3 ~ - ~ ~ E ~ E ~ •:~ether with all and singular the tenements, hered~taments and appurtances thereunto befonging a in ~ywise appertaining therero, snd ~II rents, iuues, F ;;rocaeds and profits accruing and to accrue from said prcmises, all of which are intluded in the above ~nd fwe~oing destription and habeodum. f TO HAVE AN~J TO HOLD fhe above desu~bed and granted prem~ses vnto the said MORTGAGEE, its succeuors and auigns fwever. And fM said :'CRTGAGOR for heirs, e:ecutai, admines?rators and afsigns, hereby covenants with the ssid MORTGAGEE, its succdsors and assiyra, ~ _-.jti.~S_--- i •^3+ - fawfully xized of the said premises in fee simple; that the ssme ere frae, dear and discharged from al) liens snd ~ ~ ~ ~~^.ces in law or in equ~ty, and that it _ will and its hein shall w~nant and defend the title to the s+me to tht said ~RiGAGEE, ifs succassois and assigns, forever against the Iawful ctaims and demands of all petsqq; t PROVIDED, AlWAYS that if the MORTGAC,flR shall pay unto the MORTGAGEE the promissory rate hereinbetwe described end shall Truly, prompfly fv(iy periorm, d~scherge, exavte, cornplete, comply with and aoide by each ane~ every the sfipul~tiau, agreemems, conditiwn snd covenanfs of said 3 :-e-*,~;swy note and of this Mortgage, then this Mwtgage and the Estate hereby ueated shall cesse and be nult ~nd void. ~ IT IS UNDERSTOOD that the word "Mwtgsgor" whethe. in the singular or pl~ral anywhere in this Mortgaye, shall be sirgular if one only sn~~ ; «~a~i be pluro~ jointly and sevenlly if more than one, and that ~he wwd "the7r" as used anywhere in this Nbrtgaps shall be bken to meu~ "his;' "hen,'~~+ t _"irs," wherever the contex~ w implies or admits. Alw, thar wFxrever therc is a reference in the coveoants and agreemen» herein tontained to My oq`~ +i~e parties hereto, the same :hall be construed to mean as we~l as the Ixirs, legal rspresentativd, succeuors snd aui~ns (eithet volvntary by ~c1 of tM ' ~art~ea or involuntary by operaYron of the taw) of the same and that the covenants herein contained sh~ll bind and the benefiri ~nd advantagq inun~ ~ 'o rhe respective heirs, legat representatives, s~ccessors and asrgns of the parties hereto. . ~ And said Mwtgsgors, for themxlves and their heirs, legal ~ep~esentatives, successors snd auigns, fxreby jointly and saverally covenanf ~nd ~pree ~ ~o and with the said MORTGAGEE, its successors and auigns: ~ 1. To pay all snd singvlar tFx principal and interest and the various and iundry wms of money psyabk by virtue of taid promiuory note, and thit 3 ~~orr~age, each and every, promptly on the days rcspectively the same severally become due. ~ ~ 2. To pay all and singvlar the taxes, asusunents, levies, liabilities, obligations and encvmbr~ncsi of every nafw~ snd kind now on said d~avibsd F prrp~~ty.~w that hereafter msy be imposed, suffered. Piaced, levied. o~ suessed tFureo~, w thal hereafte~ may b~ levied or qseued vpon this Mort¢ ~ ~ge, or the indebtedness secu~ed hereby, exh and every, when due and payable, xcwding to law, befae they becarw delinquent, a~d b~fw~ a.:y internt ~~aches w any penalfy is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISf1ED AND DISCHARGEO Of cORD AND THE ORIGIIvAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OffIC1AlLY ENDORSED ~ OK CERi1FlED) SNALL BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; aod in fhe evenf thst sny ~hereof is not ~ a d. sat sfied and diuharqed sa;d MORTGkGEE may at any tims pay the same or any part thereof wifhouf wsiving or affecting my option, lie~, equity p ~ ~ •~i~r „nder or by virtue of th~s rrwrrgage and the f~lt amounr of each and every such paymenf shall be immediately dve and payable and sha!i be~r interest '~c^, ~he d~+e '~e•eci . I ca d rt rate of nine per cenfum per annum snd together w~fh such interest shall be secured by the lien of th : morgtagt. .F.~~-aM c~.,~'- r„ ya . . _ .r~"°-.,,.., ~ ~ % - - - _ '