HomeMy WebLinkAbout2535 v
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tHU inwENnm~, M.d. 24th d,y ~ Ju~ .~?.p. 19
75 b.n~w«?
Harlav ?oankins and B$tbara J. ?o~ ina~, his rif~
~ St • L~IC f• ~y Ftorldb IwrNn~h~r d~s u flw "lNORTGAGOR." and FIRST fEDERAI SAVINGS AND IOAN
ASSOCIA?ION Of fORT ?IER~E, • aapowtion orpanWd and ~xbtinp wKl~t tli~ ~ of~tl+~ WdNd SMt~a of Am~riu ~nd Aavtr~ ita Pri~uipd Pl~a of
b~nimaa in th~ Gty d Fat Pi~ra. Sw luc~ Cow+ry~ ~IOfW~ ~Mf~11'ffM dNlpMt~ M MN "MORTf3AGfE.
wr~~?s MartTCwcoR ~ati ~d.bnd a~. ~tc~tcEE w, +h. w~ of i 35 ~000. 00 ,~.,,d i.wf~i mor+.r o~ un~~.a
Sata advannd by tM MORiGAGEE unto tF+~ MORTGAGOR. as svidNrc~d by ~ aMtain promiao~y no~i of ~wn dat~ hw~with, of which tiN followinp M
word~ ~nd w~s b a tn+~ aoPY, to~witr '
: ss,ood.oo N,ioaaia9e
~ fl„y,,, July 24 19 ~5
For valw naiwd, 1, vw a~ ~itMr of v~, P.o+~~s. ro Pay, wi~hout dafatc~tan, to tM orde~ of fIRST FEDERAL SAVINGS AND LOAN ASSOCIAiION OF
fORT PIERCE at Fwt Pieroe, fbr~, tM ~vm of = 35 •~0• with intate~~ from d~te at ths wb of ~s~_% pK ~nrwxn, in monthly inttalb
meots a~ follow~: S 282.~ 2~Lt1 ~y $~PLH~@1" 19 7S and • lilc~ tum on tM corr~~pondinp day oi ~xh month tMn-
,t~.. w,ti~ d,. w~w~. b. f~,~y p.id. .
Each installrn~t fkst shall b~ applied in payment of tl+~ intenst ~rd than on ths unp~id bd~noe of th~ .prindp~l wm. If def~uh b mad~ In th~ ;
paYma?t of a~y uatallm~nt wMn dw. «~d wch d~fwh continws 30 d~ys, th~n ~t tF» option of ~h. holde., and withou~ sey od~er ootk~, all th~ r~makwiy
installm~nK ~hall b~ dw aod payabt~ at onos. Prtvil~p~ h~iven to pepaY thit raN in wFwb o? tn p~~t at ~ny tNne witF+out pen~lty. Neithe~ fweb~ar~na.
nor acaptanc~ by tM hold~? Nwrwf ~her any d~fault i~ ~nr paym~nb fienon, ihall b~ deerned exter?sion. A I~te p~yment char~ of =14.10 sMll b~
add~d to ~ad~ I~niallment remaininp unpaid 7 days ~h~r ib dw d~1~ w~d ~ tik~ sum sMll be addad to e~ch such installment ~am~irunp ~npaid 7 d~y~ after
~ P+Y~t dat~. ,
E~d+ maka, wrety snd endas~ Mr~of, jointly ~nd severally, waives d~mand, p~ae++tme~?t protest a~d notiu of pro~est fw ~wnpayment, ~nd fwth~r
aphes to any txtsosio~ of tirns of p~ym~nt. either b~fore w aftK msturity, wirhout notics to any of w: and to pay all oosn of colkcfion, irxlud'ug ~
re~sw++bh attorney i fee in the event of ~ny defauh Iwrew~de~; ~nd F~areby severally waivei alt benefit of homestead snd exemption under the constitution
and laws of each Stat~ of tM United States, u ~p+irot this obtipation a anr ~xteniio~ or re~wal hereof.
Witness tM Iwnd and aeal of sach p+rty.
s/Harlev Tonnkins ~
(s~?u
s 8arbara J. To~ukins ~y
~ $52.50 ~ Sn» Rewnw
(si..w.o~~albd. ~n.vi~i~a1 a~1~
NOW. THEREFORE, the MORTGAGOR fw tM pwpos~ of s~cv?i^p Wlm~ent of s~id wm of : 35 ,~00• 00 ~ snd th~ pMfamana of th~
covsnanb and a~nsrr?~nb hK~in+fta ~:pres~ed. and fw ~wn 9ood ~nd valuabb consids~~tans, bY tAsa~ Praen». does yrant, barp~in, aell, rani~,
release, oonwy and confum ut~1o tM MORTGAGEE, its wot~sw~s and atsipnt, dl tMt tert~in bt. pieu or paral of I~nd, sitwN lyinp, ~nd beinp in t!N
~~~y St . 4uC ~@ ~ and Sta» of Florida, dacr~d as fdbws: '
Condoainiun Parcel No. 321 of CAPS2AN I, according to the DeclaYation of Condoain-
iua thereof, recorded.in Official Record Book 232, at pages 619-711 of the public
recoxds of St. Lucie County, Florida. 70~_ ~~~I ~
SUBJ~C? to tersa and conditiona of said Declarati~ of Condominius~ the Articles
of Incorporation, By-Lawa, and Declarati~ of Covenants and Restrictions of Ocean
Village Property O~mers' Aasociation, Inc.~ with which ter~s and conditions the
aortgagor covenants to coaply and perfora. -
By agreement of Mortgagor and Mortgagee on f ile with
i Mortgagee, the withi..*~ mortgage secures not only an •
~ existing indebtedness, but also ADVANCBS to be HER~-
' AF?BR nade by Mortgagor to Mortgagee, the aggYegate
~ of which will equal the principal amount specified
~ in the promissory note secured hereby.
CY'U iN PAYMENT Of tAxEs
~ . ~;?~A"f E ;F F° L~ i--~ I > ~ ~p~ Ku
ei~ ~so.~ ~?o~~r.
~ - oocu ~~e;JTARY~r=, _STAMF• ; ~ € ~ ~ n•ix. ~s ~ iyn.~~~
~ I~EP; U"r R_YEf1'JE ` " 3 ~ ~~S
r ~
oR ; ~ 5 2. 5 0 1 ~ q~a?R oou~. s~. "~c?E ao, Fu
rop~tMr with all snd si~gvlar tla te~wmMts. Mnd'iarMnfs ~nd ~ppcxtanw tlNrwnb belagi^0 e? in +~Ywis* ap~rt~inin0 Nwrqo, and all rMts„ ikws.
proce~s and prof~ts ~caua+y and fo aarw from s~id p?~miws, all of whiifi an inchid~d in th~ ~bov~ and fw~oinp d~saiption ~nd hrb~nd~wn.
TO HAVE AND TO NOLD th~ sbov~ d~atribed a+id yranhd p~maea unto N» ~id MOR7GAGEE, i1s woceswn and assipro fonvK. Md th~ wld
theil uipro, ~by oownann with th~ said MORTGAGEE, hs svae~aon snd ~asiprK,
~ MORTGA for - htin. ~xecvtors, administnton u~d • her
t~iey are
that l~wfuly ~eiswd of tl~~ aid premi~s tn fa~ simpbs th~t tM asrn~ are frN, dNt and d'ncJurped from all liens and sncunr
braeKes in law or in eqvity, and tMt they_ r,,;it the12 heirs sh~ll wuram ~nd defend th~ titl~ to tM s~en~ to th~ saW
~ MORTGAGEE, its' wuessws and assip% fwwM pakaf tht lawful clairm and d~manda of all psnontt
PROVIDED. ALWAYS th~t If ttr MORTGAGOR sh~ll psy wNO the MORTG/1GEE tM promiuwy not~ M?tinbefort d~wibd and shdl truly, pranpth
E snd fully perfwm, di~h+r~e, s~ucvM. comPbt~, complY with ~nd ~bid~ by e~d~ ~nd w~y tM itipvlatioru. +pnsrrwnts, conditiau and oown~nts of ~aid
t promiwory nor• and oi th~s Mwtyap~, tlnn rhis Mw~~sy~ and r!w Esr•t• h.r~by v.a~.d shatl c.as~ and b~ null ~nd void.
r IT IS UN~ERSTOO~ NW ths w~tlJ'Mwtya~or" wMtfier ln tlr sirpulu w plwd anywher~ in tha Matyay~, shall b~ sirpul~r if on~ ady ~nd
shall b~ plur~l jointly and sw~r~lfy H mon than on~, and that tM word "thea" as used anywhen in this JMortyape sh~Il b~ taken to m~an "his," "hKS," ~o
~ w••its," wMrwe~ tha com~xt so implies or admits. Abo, that wherwsr thcre u a r•f.r.na in ih. cav.nann u~d ap?~e~nn h.rein aonraGwd ro anp of o
?he p~rties here% th~ sam~ shall b~ comnued to m~an +s well a tM heirs, Ipal npresematiws, svcoessors and u~ipro (sisMr voluntary by ad of th~ ~e~
~ putiwt or irwol~w~tary bp op~r~tion of tht I~w) of tlw same and tFwt the cora»nn har~in conf~irwd ~II bind and tM bernfits and advantp~s kwn ~
~ to the napectiw I»irs. Ip+l ~ep?aM+t~tiws, wocsasors and ass°pm of t!w part~es hK~to. ~
~ Md saW Morq~pors, for tlxrnstlws and tl+eir hein, Ip~l repnsemativ~s, wuesaon and nsipm, her~by iointly and aevNally cov~n++~t snd ~p~e ~
~ ro and with th~ s~id MORTGAGEE, iri sucastws and a}sipns:
~ 1. To p~y dt and siepular th~ pr'~ncipsl and interest and the variou~ ~nd sw+dry awm of enoMr paYabb by virtw of ~aid pramiswry not~, u~d thi~ a
~ matyay~, wch aed ~wry. PromDtlr oo th~ daps rsap~ctiv~ly th~ ~ame sewr•tly bacon» dw. . ~
2. To pay all and wgvlar th~ taxes, as~swmnb. Iwies liabilitia, obli~stiom and ~ncumbranus of w~y n+tw~ W+d kk+d eow on s~W danib~d ~
P~~b, or that Irr~~ft~r m~y M inpa~d, wffa~d. P~+oed. Iwi~d, a a~wswd tlwrwn. or tlwt her~afta may b~ kvi~d or asNas~d epon this Mort~ ~
ap~, a ti» ind~bt~dness s~cw~d hu~by. ~acA and wMy, wh«~ dw u~d payabl~, aaordb~p b law, b~fon eFiey beconr dettnqu~m. ~nd b~iw~ ~+nr tra~rwt ~
attxhe~ a any pen~hy is incwred; AND INSOFAR AS ANY THfREOF IS OF RKORD ?HE SAME SHAII 6E PROJNPTLY SATISfIED ANO DISCHARGED OF ~
RKORO AND THE ORIGINAI OFfIG1Al ~OCUMENT (SUCH AS, fOR IN3TANCE, THE TAX RKEIPT OR THE SAIISFACTION PAPER OFftGAIIY ENDORSED
OR CERTIfIED) SHAII 6E PLACEO IN 1HE NANOS Of SAI~ MORTGAGEE WITHIN TEN DAYS NfXT AfTER iAYMENT; uw! in the ~veM tMt any tMnof N ~wl
paid. sat'sfied ~nd dixhary~d sa:d MORTGAGEE may at ~ny tirn~ pay tFw same a any p~rt thereof witl+ovt waivinp w aff~ctirg any option, li~n, aq~ity a
~ •~yht und~r or by vinu~ of this mortyaye and tM f~ll amw~nt of each ~nd every such paym~nt ~hall be immediately dw and payabb and shall ber kNK~st
~.om rhe daa rhereof u~til psid at rate of n~ne per untum per annwn and rope~her w~th wch inter~st ~hall b~ secvr~d b~ tht lien of th:s mwy~a9e.
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