HomeMy WebLinkAbout2523 ~n ~
~~~.F~2
THIS INCENTURE. 1111~t1~ th~ 15th ,~y ~ Au~ust , ~,p, ~9 75 - b.?w..n
Willia~s A. Hester and KareO P Hestet wife
.
of $t . LL1C ie , Cpunly Norida, haN~wft~r dNipMt~d p tM "MORTGAGOR." and FIRST FfOERAI SAVINGS ANO LOAN
I?SSOCIA?!ON Of FORT PIERCE, ~ cwpa~tion ap~nt:~d ~d ~xis?inp undw tIN Wvr~ of the Uniad Su~a of Arn~riu ~nd Mvinp tri principal p4a of ;
busM~ M tM CMp d Fat PiKa, 51. lucb Ga+nry. Nortd~. hKSinlhsr dNipMqd ~ 1M °MORiCsAGEE N '
32 000 00
WFIEREAS tM MORTGJIGOR ia ~uatly ind~W~d b N» MORTGAGEE in th~ wm of = t_ • , pood aed I~wfvl moMy of tM United
Sr~t~s advanad by th~ MWtiGAGEE w?to tM .'NORTGAGOR, u~vida~csd by • oNq~ promissory nw~ of twn date Mr~with, of whid~ tM fdlowinp tn
word~ and fipwN k~ trw ooPY. io-wit: .
= 32.000.00 • 10021533
~ p~,, po,b,, AUaUSt 15 ~yy~_
Fa valw na'rwd, 1, vw w Ntha of us, promiN to p~y, without d~falurion, ~o th~ orda of FIR51 fEDERAI SAVINGS AND IOMI /1550CIA1lON OF
FORT PIERCE a1 Fat Piarc~. Fbrida, tM sum of = 32 ~~0• ~ with im~rsst (rom d~N ~t the wt~ ofe . 7 S!L per +nnwr?, in mo+dhly iroul{~ '
,~,n fo~io~s: ~ 264.00 20th ~ of Navember t975 and. lik~ wm on ri» co.n~pond~np day of ~ach month tMrr ~
afrtr uotil th~ wFwb be fully paid.
Esch irotalknN?t fint shall b~ +pplied in paym~nt of tM int~nst and then on t!w v~paid bbnce of tM p~inctpal sum. if detauh is en~d~ in tM ~
paYm~nt of ~ny Inttallm~nt wMn dw. and wch defwh continws 30 d~ya, then at tM option of tM holda. ~nd without ~ny othe~ notic~, all N+e ranaininp t
~ns~.llm.nn ~hall b. dw and payabl. ~t onc~. Mivilp~ b piwn to prep+y thb nota tn whob or in part ~t ~ny tim~ withow pen~lty. NeithN fonb~aranc~. ~
nw acc~ptaexe by th~ hoWw tMreof ahe~ any dsf~uit i~ anY p~ymenb lwreon, ~h+ll b~ d~en+ed extension. A Iste payment charp~ of 13 . 2 ah~ll b~ ~
added ro each ieatallm~nt r~mainirg unp~id 7 da» ~ftw i» du~ d~ts. and • lik~ wm shc~l be added lo each such initallmsnt r~m~ininp ~npaid 7 d~y~ ~fte? ~
e+d? wcae~dirg P+Yment dat~.
Esch malur, iwNy aod ~ndo~sst Iwsof, jointly and swer~lly, waivn dem~nd, p~aentme~t protat snd notiu of profett fw nonp+yment, ~nd furtMr
sgroes to ~ny ext~r?sion ot tim~ of paymx?t. either b~for~ or sRK maturity, without not~ce to a~y of us: and to pay all cosri of wllectan. includinp ~
reaso~able ~ttaney i fes in tAe ~v~nt of ~ny defauM Mreundc+, ~nd htreby ~everally wsives all benefit of homestead and e:emptia+ unde~ ths mmtitulion
and laws of eath St~b of th~ United Stales. as a9~inst this obtgstion a ~ny ~~c~eniion a r~newal herwf.
~tness tM hand ~nd Nal of each party.
• s/ ~~iiliam A: `Hester ~
, . - . . . . . .
< ' cs~?u
s/ Karen P. Hester ~
t ~ 48 _ 00 ~ Stsh Rmnnw ~
(Sw~ pnpll~ «r ~i~iMl wM~i
NOW. THEREFORE. tM MORTGAGOR for tM purpo~ of wcu?in0 WYmMt of s~id sum of i 32 ~ 000 . 00 , and tM P~+~ of th~
cova+anu a~d prMments hKeinaftsr ~xpressed, and fw divws pood ~rd v~lwbl~ consider~tia~s, by tMs~ prosents, do~s qant, bu~ain, adl, remue,
reless~, oonwy and oonfirm unto tlk lNORTGAGEE, its suoo~sars and ~uipns, aU thn oertain bt, pieu or pua) of (uid, situs», (yirg. ~nd beinp in tM
~~~y pf St . Lt1C 1@ , and Sta» of Florid~, d~wibed u fdlowu
[.ot 11, Block 566, PORT ST. Li~IB, SECTION 13, according to the plat
thereof on file in Plat Book 13, Page 4,_ public records of St. Lucie
County, Florida. ~ydv- S~~- ~~~y- vco~
By agreement of btortgagor and Mortgagee on file with
Mortgagee, the withir mortgaqe secures not only an
existing indebtedness, but also ADVANCES to be HfiRE-
AFTER made by Mortgagor to Mortgagee, the aggregate
of which will ~qual the principal amount specified
in the promissory note secured hereby.
i -
4
f -
~
~ F~.ORIDA t
~ TJME AR~ STI:tJI~~ 'A~. ~ RECfrym d
~ ~ nE?T. OF REYEtiU~ ' ' ~'~^"`-i ~ p~ ~ - ~
~ ~ _ t ~~'7~ ~ 4 0 ~ ~ ~ ~ ~~MI619LE ERSuM~ OF T~
~ n r _ P @ ~c. - ~PTFR 71•] ~ P~'OPEQ
¢ ~ _ ~ t ~ , ~ z _ ~ ~~~s OF 18/1. n~ .
. p ti0~~, ~ ~fE ~ /~i1t
~ ~ ~ f
~ ~oyetiiu with all aer! sinpulu th~ hnNrN.as, her~d'namems ~nd appurtanus tM?sunto belagirg or in anywise appatainhip 11wnb, and all rrms, haws. !
~ iu
pr«e~da ~nd profin ~oauinp and ro acuw from ssid pranaa, all of whkh ~re indud~d in th~ abow ~nd forpoinp d~saripNon a~d 1wb~ndwn.
TO HAVE AND TO HOID th~ abaw drxriMd ~nd ~rant~d p~mis~a unto tM wid MORTGAGEE, its sucassas and assipn~ forevN. Md t!» ~ald
~ MORTCsAGOR for their Mia, txecutors. ~tr~ton u~d atsip~a, h~reby oov~rwn» with tlw said MORTGAGEE, i» suonsson ~nd ~sslprr,
~ tn.t theS/ are awf~d ,eued of ~h. wd ~..p~d fran .u ~isns .nd .ncwo-
b P?ani~a in fae simpl~s that th~ sanw an frw, dtar a+d
~ t~a~xes in law a M puity, and tha* they will and their Min ~halt wurant anc! d~fe~d tM titl* to th~ s+me to th~ wW
~ MORTGAGEE, in wa~ssors and auigra, fwewr ap~inst ti» lavrful claaro u~d d~mandt of dl pKiau~
s
~ PltOVIDEp, ALWAYS that if tM MORTGAGOR shall pay unto the 1MORTGAGFE t!w promissory note hereinbefon d~suib~d and ~lull truly, panptN
~ and fu11Y P~riwm. dacMry~• ~xscut~, oompl~t~, ca^P~Y with and ~bide by ead~ and ewry the sNpvlations, aprNrrKnri, aorditioro and oor~nts of said
~ promissory no» and of th4 Morisape, tl~ this IlAort~ap~ and the Estate hereby vested shall cwt~ ~nd b~ null and void. '
F
= tT IS UNDERSTOOD that tht word "Mortyapor" whether ln tM sinpular or pfurd anywhen in this Mortp+p~, shall b~ sinpula if on~ only a~d
shalf b~ plw~l pimy snd stwrally if mor~ than on~. ~nd thn th~ word "tF~ir" as wed anywlKr~ in this Mwt~pe shalt be taken to me~n '1+b." "Mn.` w0
~ w,•its." wl~evN tFN cau~xt w implies a admin. /Uw, th~t wfisrever thae b a refaence in tht cov~nanb ~nd ~yraemen» her~io ooMdnad ro anp of oao
rh~ p~rties hereto, the ~anr shsll b~ oonstrved to mean as vwll u the Mir~. Ip~l repres~ntatiw~, suaesson and assipna (~itha volunury by ~ct of tM x
~ wn'~s w invdvntary by opaatio~ of the law) of tFw sams and thst ib. co,~a~+ann here~+ cor~au~ed sha11 b~d .rw! rh. benef~n and .dvar~r.p~s bwr.
~ ro th~ r~sp~ctiw Min, bp~l npresentatives, sua~swn and au!~ns of th~ pWti~s he«ta ~
~ Md uW Mortppwi, for tl~sms~lws and tFwir h~ks. Ip+l r~~wnt~tives, wassson ~d asslpna, h~reby jointly and HvNally oown~m and ~w "
~ ro and witF~ fhe said MORTGAGfE, ifs wa~sas and auipm:
$ 1. To pay all and sirgular tlw pr'me;pal and imerat and tM vuious and wndry wms of mawY P~Y+~ bY virtw of said promissory eatt, and thfs ~
morqa~. Nd+ a~d wary. 0?anpHY on the dayt rap~u~vey th~ ssme stwr•Ily becan~ dw.
p u
~ 2. To p~y a!1 ~nd sinpular tl+~ Hxa. ~q. Iwi~s liab3lities, oblgatioro and ~ncvmk~r~no~s d ewry n~fw~ and kind now on s~W duv~d
~ P~~~Y, or th~t Fw~afqr m~y b~ i~ripo~~d, suffK~d. Pbad, levid, or uwss~d therwn, w tFrt h~r~after may b~ I~vi~d a ass~awd opon this Ma1~
ap~. a the ind~bqdness scux~d h~r~by. *ad~ ~nd ~+r~ry, wh~n dw and p~y~bb, aaordinp to law, b~fon theY b~cane delinquent. ~nd b~fon any htK~st
attxhes oa any penalty is inwrted; AND tN50FAR AS ANY THEREOF IS OF RKORD THE~ SAME SHALL 6E PROMPTLY SAilSFIED AND DISCHARCsED OF
~ RECORO AND THE ORIGINAI OfFICtAI OOCUAM1ENT (SUCM A5, fOR INSTANCE, THE TAX RFCEIPT OR THE SATISfACT10N PAPER OFfIC1/1LtY ENOORSED
G~R CER11f1E0) SHAII !E PIACE~ IN tHE HAN0.S Of SAID MORTGAGEE WIIHIN ?EN OAYS NEXT AfTER PAYMENTj and in th~ ~wM tMt any N»reof i~ ra1
~ pa~d, wt:sfi~d and dixh~ry~d ~a;d MORTGAGEE may at ~ny tirn~ p~y th~ same a~ny part tF~eof withovt w~ivirg w affectinp any option, lien, ~ity or
_ ~7pM und~r a by virt~e of this mort~a~e and tFw full a~no~nt of each and wery such payment thall bs imrnediately dw and payabl~ and ahali b~at ima~st
hom the date thtreof vntil paid at rate of nine pN ce~tum per anrwm and fop~tF~ witl~ wch interett sMll bt secured by the lien of th:s morqtaq~.
"~a~--~ ~.r ~~.-z r-' - c~~r'~~`=~'"'
,~'6 _ _
~ . h ~'"~z~- _ - . .