HomeMy WebLinkAbout1659 ~ ~ 314368
~
THIS INOENiURE. Mad~ tl,e 31St dey of -JUlk . A.D. 19~..i, betwca~
Wayne A. Srlsten, A/K/e1 W. Arthur firlsten and
Sharon M. Sr sten, his wi e •
af '~Jt . Lucie ~p~~ty Flw~ds, htreinafter desiynatrd as the "MORTGAGOR;' and FIRST fEOERAt SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, a cwporat~on orya~izcd and exitti~g vnde~ the laws of ths Unlted St~~~s of,Ameri~i and Mviny ib principal plat~ of
b~s~neu in ~M City of Fo~t Pieres, St. lucis County, Florids, hereinaiter des~gnated as t1+~~71AUR~j
AGfE"
WHEREAS 1he MORTGAGOR is ~v~tly indebted l0 1he MORTGAGEE in Me sum of S 27 , sood and lawful money of the United
Srates adyanced by the MORTGAGEE unro tix MORTGAGOR, a~ endenced by a certa~n p~omisswy note of even dste herewi~h, of wh~ch the following in
,.vrds and ligures is a true copy, to-wi~: 11~0~339
s 27 , 000 . 00 t~o
Fwt Pierce, Flwids, July .31 19 75
Fa vatue received, 1, r.e or either of us, prom~se to pay, without defa4ation, to the order of FIRST FEDERAL SAVINGSS AND IOAN ASSOCIATION OF
~:)2i PIERCE at iwt P~~rce, Flo~ida, the sum o( S__ 27_~ ~0! w:+h interest from date at ~he rate of 8• 796 per annum, in monthly install-
~rs aa fo~:ows: S 2?~-2-t OO ~ the 20th d,y of November 19_?S _ and s ~ike sum on ~he cwreipond~ng day of each month there-
i~rer unril the who~e be ful{y pa~d. _
Each installment First ahall be app~iad in payme~t of the interesl and tF.en on fhe unpaid balance of the {xinupal sum_ (f default i~ mado in the
;:,,mem of any insrattment whrn due, and such defaut~ coni~n~es 30 days, thrn at the op~~on of the holder, end without any other notice, all the remaini~
,.sfaliments shall be dx ar.d payab~e at once. P~~vilege is given to prepay this note in whole or in part at any time without penalty. Neither forebearante,
~ o~ acceptance by ~he holJa~ rhrreof afrer any default in any paymems hereon, shatl be deemed exfension. A late paymeat cMrge of =~Qshall be
-:;:i~d ro each insra~lniant remain;ng unpa~d 7 days after its d~e dare, arxl a Iike sum shall be added lo each such inslallment remaiaing yopaW 7 days af!er
~ ach succeed~ng paymem d~ro. - \ .
EacA make~, surety anti endcrser hereef, jointly and seve~ally, waives demand, presentmeni pro?esl and notice of protest for nonpaym~(`t, and f~nne~
, irees to any e~!ens~on of hmr of paymrm, e~ener bafore or aiter ~naturiry, without notice to any of us; and to pa all tosts of e~l~ettion;~ ineludirg s
~sonaL!e atto~ncy's frc thr eve~r of any d~,4avlt hereunder; and hereby sevErally waives all be~efit of homeste~ exemption under 1Fx constitution
, d iaws of each State of the Ur,,ted Sta:es, as ayai:ut this obi~yat~an or any e,ctension or renewal hereof.
Witness the hand -end seal o( each par~y_
(SEAI)
A A W. Arthur firlsten~
S Sharon M. Erlsten
cs~?U ,
~0. 50 _ J State Revenue i
~
- - 7K2k~lii
aXXrXe?C '
27 DOO ~0 t
NO;N, THEREFORE, the MORTGAGOR for the purpoie of aea~ring payment of sa+d sum dF S ~ • and the performance of ihs i
ro.enants and agreemenq hereinafter expres:ed, and ior d:vers good and valuable cons+deralions, by these presents, does g?ant, baryain, aell, remise, j
::ease, convey and conf~rm unto the MORTGAGEf, its successors and assigns, all that certein lot, piece at parcel of land, tituate, lying, and beinp in the ~
~~unty of St. Lucie and State of Fb~ida, descnbed as follows: '
~~yo,~- l~oa- GC g~-C~/y
Lots 15 and 16, Block 3, INDIAN RIVER ffiTATES, UNIT ~l, as per
plat thereof on file in Plat f3ook 10, page 43, public records
of St. Lucie County, Florida ~
By agreement of Mortgagor and Mortgagee on file with the Mortgagee,
the within mortgage secures not only an existing indebtedness,
but also ADVAI~CES to be HERFAFTER made by Mortgagor to Mortgagee, ~
the aggregate of which will equal the principal amount specified
in the promissor.y note secured hereby. °
i
; ~ t~~ ,
, _ ~E i
f - - Qf~~ y~1- +
~ : T;4T~~~~,=~FLORIJ.~> i o~ ~5~~ ;
E tJ R~" ~ C T:, M: T r_ r l.~" ~e~S~- ~ E~"
= i~-''~_^F ".[YES;~+"L' -~s":"` - Y • 5 N~~,,~~" \E~'
€ = _ ~ _ . : ~ :~~~::.~q - 4 0. 5 0 ~ Gc~,_~,,~~9~
_ , :i+~:,;~ ~ RE ~ pc~ ~~O •
~ ~e 4 ' ~ cS~~
I v~~~' j
_ ~ c~ _
~
,
~
•:?erher wirh alf and singular the tenements, hered~tameNa and appurtances ihereuoto belonging or in anywise sppert~iniog fhetefo, and all rents, issues, _
•oceeds and proFits accruing and ~o accrue from said prenises, all of which a?e intluded in the above sod faeyoing dewiption snd habendum.
TO HAVE AND TO ~IOLD the above described and granted premises unto the said MORTGAGEE, its succasots a~d auigns forever. Md iM s~id
~ JRiGAGOR for heirs, eaecuton, adminisrrators and assigns, Fxreby covenaMS with tbe said N10RTGAGEE, its wccessors and ~uipM, ~
the are ~
- 3, -Y------- lawfully selzed of the said prem~xs in fee simple; that the same are free, cle~r and discharged fran all liens ~nd eoa?m-
::~ances in law or in equity, snd thar they M,;~~ a~ th@lr _ 1,e;~s shall wurant and defend the titk to the s+me to the wid ~
;~,~RlGAGEE, its successors and ass~gns, ~orerer against the lawlul claims and demands of all persons; ~
r PROVIDED, AIYlAYS that if Ihe M.ORTGAGOR shall pay uroo the MORTGAGEE the promissory nofe heteinbefote described snd shall truly, promptly !
~ - ~ f~~ly perform, d~scharge, exetute, compiete, comp~y with and abide by each and every the ~tipulateorts, ayreements, conditions snd tovenanri of said
~ _,~::nsory note and of this Mortgage, then th~s Morfgage and the Eatate hereby created shell ceax and be noll snd void•
~
~ ' IT IS UNDERSTOOD that thc word "Mortgagor" whetner in the singular or plural anywhere in this Mafgage, shall be sit?yula~ if one only and
!i be plural jointly and severally if more than one, and that the word "their" as used anywhere in fhis Matgage shsll be tsken 1o mean "his;"'hers,"
•~'1n," v.herever the conteRt w implies w adm~ts. IRlso, that wherever there is a reference in the coveruntt +nd agreements herein containsd to any of ~
~ ••~e parties hereto, tne ssme shall be const.ued to mean as weli as the heirs, legal representatives, successon and usiyro (eitFu~ voluntary by atf of tM
~ : a~t~es or invoiuntary by operation of the law) of the same and that the covenants herein tontained sF?il! bind and the benefits and advsnta~es inure ~
•o rhe respective heirs, legal representatives, successws a~d ~ss•gns of the parties herefo.' ~
~ And said Mwtgagors, (or thcmulves and their heirs, legal representati~res, successors and assigns, hereby jointly and severally covenant and apree ~ :
~ e a~sd w+th the said MORTGAGEE, its successors and assigns: ~ ;
1. To pay ~II and singvlsr the p~intipal and interESt ar?J the various and sundry sums of money p~yable by virtue of said promissory nots, ~nd this
~ ~orrgage, each and every, promptly on the days respectively the seme xverally become dve. i~~
~ 2. To pay all and s~ngu~ar the taxes, assrssment~, levies, liabilities, oblgations and encumbnnces of every nature and kind now on asid descr~ed ~
~ properry, w thst hereafter msy be impoied, suffered, placed, levied, ot stsessed thereon, w that hereafte~ msy be levied or assesied vpon this Mort~- ~
age, w the indebtedness secured hereby, esch and every, when due and payable, accuding to law, befors they become delinqueM, end befwe ~ny intaest ~
~~~=ches or any penalry is ;ocurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PR011APiLY SATISPIED AND DISCHARGEO OF
~~CORD AND THE ORIGIIvAI OFFiCIAI DOCUNIENT (SUCH AS, FOR INSTANCE, THE TAX RECEtPT OR THE SATISFACTION VAPER OFFICIALtY ENOORSE~ Q~
CERIIF~ED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that ~ny therepf is not
d, sat sf~ed and discharged sa;d MORTGAfsEE may at any hme pay the ssme w any part thereof withovt waiving or affecting any option, lien, equiry p
••~kr v~~de• or hy v~~r~e o~ rh~s mortgage and the full amount of eath and every such payment shatl be immediately dve and payab:e and shal! bear imerest
r• c,!~+ •<te ol n~ne per centum per annum snd together w~~h such interest shall be xcured by the iien of th s~org~zqe
^ ,£e : _ _ ~ ~
~ ~~.a:. ~'S~z~^~ ~ =~c.~-~'-'` a ` .a.6-
- . ,1`~w~.~ '~''~.r
S"w.utj v..~-~°'"".r~a~'~~-r74 ~k
~ ~ :
~r
. _ . _ _ _ _ . . . . .