HomeMy WebLinkAbout0265 ~~s uroEHruR~. M.d. 18th ~r ~ Au9ust ~?.c. t9
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Roland H. Vaillant and Ruth G. Vaillant,e,~1~i~ wife
of St _ 1~C iB ~~p~y FIaW~. h~in~ftw dNipo+hd +s 1M "MORTGAGOR.° and FIRST fE~ERAI SAVINGS AND IOAN '
ASSOCUTION Of fORT PIERCR, • aapor~tion o~nis~d w?d ~abtinp vrdw tM laws of tM Un~ud Su~N of Mn~riu ~nd h~vMg ib ptinclW~ P~~a of l
bwir~ in t!» Cit~? oi fott PiKap St. Lud~ Couaty. flald+, h~r~hK daipnat~d a tM "MORTGAGEE."' 1
MIHEREAS tM MORTGAGOR 4~tly L+d~b1~d to th~ 1MORTCsAGEE In tM swn of ~ 56 ~OQ~. 00 , q~d ~nd I~wful i1+oMy of tF~e Unltsd
Statq adv~~cvd by th~ MORTGAGEE unro tFw MORTGAGOR. as ~vid~nwd by • auuin promaswy owe of wM d+a Mr~with, of which tM fdlowinp h
word~ ~+d iqvtN h• trw aopy, to-wtt: 10021$36
_-~?~~~o August 18,Jo ~q 75
, _ , fort PtKC~ FlaridM, .
FQ! .v~iw r~eiwd, i, vw dr ~itMr of vs, promis~ ro paY. withow d~fdcation. to tM ord~r of FIRST FEDER/LL SAVINGS AND LOAN ASSOCIATION OF
FORT ~IERCE ~t fat Piuo~. Flaida, tl+~ wm of i S6 . ODO.OO with int~re~~ f~om d~t~ ~t th~ rab of i~l6 p~* +M?~. ~~~~+~Y ~u14
menn a~ follow~ (~.~1•0O cn th~ 20th ~y of December ~q 75 ~nd a lik~ wm oo th~ corr~sporwl~np day of ead~ ma?th ~h~n-
,he~ um~l N+~ wlals b~ fvly piid. •
E+ch trotdlm~nt Mt ~Aall b~ appiied in paym~nt of tM int~rest ~nd then on the w+paid balanos of tM prindp~l wm. If defavh b m+d~ in th~
payme~t of u~y haal4~rM wMn dw. and wd~ d~f~vh conti~ws 30 d~ys, thN+ ~t the option of th~ ho1dK• ~I w1tF10U1 afly Otlfll fl0tit~. all th~ nm~ir~q
~nsalknenb shall b~ dw and payabl~ ~t aia. PriviNps b~iwri to pepay this noN in wlwb or in put at amr tien~ without peMity. ti~it}Nr ionb~annu.
nw ~oapano~ by 1M hoWa tl~wf ahK a+y d~f~uh ie? ~ny p~ym~nb Mroon, ahall b~ dear~sc! extension. A lah psymeet chup~ of ~:L. sMll b~
add~d to ~sd~ insqllma?t nn~ininp u~aid 7 dars aftu Ms dw d+t~, and a lik~ swn ah+ll be ~dded w e~ch wd~ i~nulim~m nmainLg wip+id 7 d~ys att~a
ssch wco~~diop p~yment d~te.
Each msker, aw~ty and endonar hsrwf, jointly ~nd swKaliy, w~iwt d~mand, prt~ntm~nt prote~t u~d notia of protest fa ~wnpiym~nt, and fvrtMr
sgn~s w u~y ~xtension of tim~ of payment. eith~r bsfor~ or ~fta matwity, without ootice to any of us: and to pay all costs of oollactan, indudinp •
?easo~able attornqr's fee in tM ~vent of any default F~rwndN, ~od M~ebp stwrally waives all benefiit of homestead a~d exemption under th~ aonsNt~tion
snd laws of exh Sqt~ of th~ United Stat~s, as psir?st ~this oblip+tion a any ~xtsntion w rernwal he~sof.
~tMSS /M h+od and stal of ~~ch paAY• t r!~
S/ Rb~1an~ ~:'•~Vaillant ~
• ~ _ , _ . . ~?U
~ 5 th G. Vaill t ~
~ ~w
~ C84.00 1 Stah RwNwN .
NOw. THEREFORE, the MORTGAGOR for tM Pu~pos~ of ~aMg P~ym~nt of's~id swe of t_~La 000. 00 , and th~ p«foRn~nc~ of fh~
cov~nanb and a~NmMb her~ft~? ~xpre~s~d, and for drven yood and vsluabb consid~atioes, b1? thes~ prtsN+ts. dws spant, bupain, sdb
rekase, oonvey ~nd aonf'~n unp tM MORTGAGEE.. its woaaors «+d ...q~.. .u it+.~ o.n.~. ~or. ~.o. « w~o.i of i«~ai. atw~, w~. .~d ~~~n.
~~H ~ St . Lucl and Stat~ of fbrid+, d~w~d a followu
Lot 5, Block 8'7, less east 20 feet, LAl~Wi00D PARK SUBDIVISION, UNIT NO. 8~
as per plat thereof on file in Plat Book 11, page 19 of the public records
of St . Luc ie Count y, F lor ida f- l}~'y~~s •~'~~/Q'
v~~~~ v
By agreement of Mortgagoz and Mortgagee on file with
Mortgagee, the within aortgage secures not only an
existing indebtedness, but also AOVANCBS to be ~RB- ~
AFTBR made by Moztgagee to Mortgaga~t, the aggregate
of Nhich will equal the principal amount specified j
in the promissory note secured hereby.
I
< ~ ~T'~TE ~0 Ft ~ tD ~ :
~ ~ z DO:.UMENTARY,f: STt:M ~ T rt x ~ RE~ o B f
°c " [1Er i. GF REYENUF ?
' ~ ~ ~r~~S 'C' INT/~;~~~~PAYM~ pF TMc,
~r = J2 =''y ~ v ~i. 0 0 ~ ~ ~rEtt 71.134. ~ PNOPERIY,
4„ ~ Pe. -~•f ~ N~
~ i , \ . _ ~ CIRq~ ~ ~
f~AS ~ 19I1. ~
. . . . .o. . . . . . . . . . . . . . . FL~I
ropethp with a11 and sirgular th~ t~+~n, fiu~dirsenann ar+d sppurtanas tlw~wnw b~fonpiig or h arrywht ~PP~rt~Wny tl~erNo• and all ~«+fs. ipws.
proueds ~rd profits ~cavirg and to ~acrw from said pNniNS, all of wF~id+ ~re inciud~d in th~ abov~ wd fo~oirg d~wiption +nd h+b~nda+4
~ TO HAVE AND TO HOID th~ sbow d~wib~d and ynMed praniNS w+eo th~ wid MORTGAGEE, its woas~ors ~nd assip~ forwa. /?nd th~ Nid
MORTGAGOR for t h@ 1~_ h~ks. ~xewton, adminahaton ~nd a~si~ns, hu~by oov~n+nb with Mw said MORTGAGEE. its woo~s~ors and awiprr,
~hat the,y(. are lawFuly sewd of th~ s~id p~ in fa+ simpl.: th~t th~ w~M ~n hN, dear ~nd d4ch~d frae+ ail lia~s and ~ntu~?
~.~,c.s i.M? o. ~.a~nr, a~d rh.t they w~ll aod the ir h.~rs sh.u w~.m a~+d d.f.~d th. r~tN w+n. w~. a ~h. s.rd
MORTGAGEE, ita woc~s~ors snd nsi0ra, for~v~a apahut the lawful d~ims aod d~mands of ~II pKwrr~
PROVIDED. ALWAYS that if th~ MORTGAGOR shatl p~y unto th~ MORTCAGEE th~ p~an+n~orr no~e ha~inbefon d~wib~d and sh~N tnrh?. P~^P~h~
snd fv1~Y Ps~fwm. d"wdwrp~• ~x~cute, eompl~t~, eomplY with ud ~biJe by sach and w~ry the stip~rbsiom. +p~~naN~. aond8aro and eov~rwnb of s~id
P~~Y nots ~nd of this Matype, tlwn M~is Monyay~ and tlw E~ta~s hK~by ctaNd shafl aaw aod be nvll and vofd.
~ IT IS UNOERSTO00 that tlw wwd "Mort9por' whetl+er in the impular w pkrnl anywh~r~ in this Mwt~a~e, ahsll b~ sirgvlar ff on~ only and ~
~hall b~ plwal iointly and teverslly H mon tMn on~. ~nd that tMe word "tFwir' a uwd a~ywMn in th+ Mort~+p~ sh+ll b~ taken to nw~n "hi~," "'h~n.' o~
~ or ••its:' wFwrevar tM ooment w implia or admin. Abo, th~t whe~ewr then is ~ nfNena in tht oo~?en~nb and apraa~enh Mnin coMah~d io ~ny ofy~aD
~ the psrties Fwe% th~ iarn~ sh~ll b~ caatrwd to rman as vinll as tM hsirs, bOd npr~saMatives, woasson ~nd ~ssiyro (~iNw voluntary bp ad of th~~
partas or involum+rY bY opewtion of th~ law) of tM sanw and thn th~ oov~nanb Mr~in oontiu~ed sFrll bind aod tFK l~nrfiri and adv~nt~pa.lrwn~
to th~ nsp~ctiw heks. Ip+l npnsentatiw~, woc~swn a~d ass"ry+a of tM p~rti~s hu~to.
Md said Matpapors, for N~sm~lves ~nd tirir Min. Is~+I r~praentatiws, urcces~o~s and asaip% her~b~? iointly ~nd wvsr~lly oov~ewM and aprN
to ~nd writh th~ aid MORTGAGEE. i1s woonsors ~nd ~ugrn:
1. To pay dl ~nd ~inpular tM p?incip~l and intuat and tM vsrious and s~w~dry suns of mon~Y WY+~ bY vinw of aid praniuar not~, and tf~k~
morty~pe. ~ch and w+ry. Vrompth an th~ dari ~~+PattrvelY th~ sarn~ wwr~ly b~oorne dus.
~ 2 To pay dl and sinpular tM tuca, aw~un~nM. {evi~s. I~abiliti~s, oblip~tions and a~aMnbw~~t~a of twry n~twe ~nd kind now an said
prop~rty. w thM haeaf»? en+y b~ tmpad, svtfend. Pl+ud. Iwiad. a a~d the~~on, or Mwt I~aftK may b~ Iwi~d a aswswd upon this
a tM ind~bt~drwu pax~d I~eby. ~acfi s~+d ~vuy, wMn dw snd pay~bl~. ~ooord'ug to law. b~ton thtp b~cam delinqu~rN. ~nd beton anr
attatlws or aenr pen~lfy is intwredt AND INSOF/1R /1S ANY THEREOf IS OF RECOR~ TME SAME SFIALL dE PROMPTLY SAiISf1ED AND DISCH/?RGED
RKORD ANO THE ORIGINAL OFfIC1Al DOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OfFICIALIY EkDORSED
~ OR CERTIfIED) SHAIL SE PIACED IN THE HAN06 OF SAID MOR1GAGfE WITHlN ?EN DAYS NEXT AFiER PAYMENTj and in ih~ ev+M thaf ~ny tl~~of i~ nol
paid, at:sfi~d ~nd dixhup~d satd MORTGAGEE may at ~ny time pay tF» saeeK or ~rryr part thereof withoot waivi~g or affactag ~ny option, lian, puity or
~~qht ~nder a by virtw of this monyaQ~ and tl+e fvll arnaunt of ~ach ~nd every wch p~yment shall b~ immediat~ly dw and payable and ihall bw iiN~r~st
irom t}+e dst~ thereof u~til p~id at rate of nine pe~ centvm per annuen and topetMr wRh wch imerest shall b~ secured by th~ li~n of th:s morytap~.
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