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HomeMy WebLinkAbout0993 ~ , THIS IF~ENTURE, IN~d~ tM 28th d,y of A ust G i~n ~i9~'b.n~.M ; . ~ , - t• i . ~ St • 1.IlC • ' ~h Fbr1d~. hK~in+hM d~ip^~Md a tM "MORTGAGOR." and FIRST FEDERAI 3AVINGS AND IOAN ~ i?SSOCIATION Of fOR1 VIERCt. • ao~pa~tion orp~nf~d ~nd ~xiulnp urd« 1M I~w~ of tM Uniad Suta of Am~rica a~d Mvir~ IIS pAndpd pi+a of ~ bu~ M fh~ UtY W FOrt Pi~ro~, St. tvci~ Counh?. FIo~W~, INriinafNt dM{in~Md N IM "MORTGACsEE." ~ WHEREAS th~ MORTGAGOR N justly hd~b~~d to th~ MORTGIIGEE in tM awn of : 2S ~ 600. ~ ~ u+d lawful ma+~y of th~ Unitd . St~ta ~dvanad by tM MORTGAGEE w?to th~ MORTGJIGOR, a~vidMC~d by a catain promiswry not~ of ~ven dat~ Mrwvith, of which tl» fdlowinp in word~ and fipwN b a t~ aopy. 1o~wih ~ ~ 25,600.00 10021551 ~ Fwt PHra. FIaMa, ~~wt 19 fa valu~ recsiwd, 1, w~ or ~ithn of us, promiN to pay, withoW d~f~k~tlon, ro tFw order oi FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATIQN OF FORT PIERCE af Farf P1Ka, flaida, 1Fw wm of ~ ZS s 6~• ~ with interss~t irom date at tM ~at~ of 9~ pK a~nwn. i~ nwathly Irota11- 231 00 20th Octob~r 75 t m«+M « followu ~ • on the d~y of 19 and ~ lik~ ~uM on tFr con~spondNg day of ad~ namA tMn- •fNr until t!w wlwl~ b~ fvlly p~id. ~ E~h hutall~t Mt shsll b~ appliad in p+ym~nt of tM intsnst and thsn on tM unpaid balanos of tM principal w~n If d~fauh tt ~nads ti/M Wy~ ~+~Y imt~ibnant wh~e~ dw, and wch d~favh conHova 90 d~y~„ thM at th~ optiou d tly holder. ud witAout any otl+w notiu. ~11 th~ n~n~6+inp i+aal4Mnb sMU b~ du~ and p~y~b4 N onca P~ivilp~ is plvM M pnp+y M4 noN in wiwb w in pHt d any tim~ withovt pKwhy. PNitFNr for~~aqnc~. nw ~oapt~na by tM holdu tMr~of efte? ~nr d~fauh tn ~ny paym~++ts Mnoe, sh~li b~ d~emed ~xt~nslon. A lat~ paym~nt tM?q~ of ~.il'SS shdi b~ ~dded i~ sach iostalim~nt nmaininp u~p+~d 7 d+ys af1lr fM du~ daNi, N+d. ~ Uke sum sh~ll b~ added ro each wch kut~ilment ran~in{np u~p~id 7 d~yf ait~ ex~ wc~di~+y P~Ym~nt d~t~. ~ _ . Ead+ makK, sw+ty and ~nd«~r her~of, jointly and wwnlly, w~ivss demu~d, pres~ntmNit prot~st ~nd not~q of pa~st for nx+psyrtwnL ~nd tuHM? aqn~s w any uct~mion of tirn~ of p~yment, eitF?~t b~fore a afisr maturity, whhout i?otic.~ to any of ust ~nd to pay sil oosh oi oollxtion, k~d'inp a ressonable attorasy's f~e in the wem of sny defwM Mrwnde~, and he~eby s~ve~aily waiv~s a11 berKfit of F~omeatead and exn+nption w+dK th~ aomNtWion a~d I~ws of t~th St~t~ of tM UniHd States, as apairot this oblgatiow ar ~ny szt~ruioe a?~newal h~reof, ~ ~ ~ ~ ~ a~• s/ Clinton B. Ssitb ~ ~ s~M ~an B. . Saith ~ t$ 38 ~ 40 ~ Stat~ Rwsnw , lSEAU (S~ar~~IMr~w~i/iwi.~or} . ~ NOW. THEREfORE. ths MORTGAGOR fo? tM P~?Po~ of se~wi~g P+Ymem of wid wm of i ZS f 6~• ~ . a~d th~ qrfamana of th~ cov~nb ane! apr~nwnb Iwr~fter ~npressed. and for divNS pood and wlwbl~. aon~ideratioos, by tha~ pr~ts. dws pr~nt. b+?~+i~+. selt, rNnis~, rcleak. oonvsy a~d oonfirm unro t!~ MORTGJIGEE. Hs suaceswn and auipn~, al! that aruin lob pi~c~ at pirt~l of land, sitwh. Irag. ~nd b~inp in tM c,w,y, of St. Lucie ,~a St,» of F~o:~. dac?~.d « tdiowu ~ a yi~ - 50~ ~ 5- ~ Lots il and 12, Block 5, LAWNWOOD ADDITIaN, as per plat thereof on file in Plat Book 6, Page 6, Public Recozds of St. Lucie Co~aaty, Florida, i ~ ~ s~ STATE FLQRtDA i S~ ~ IN PAYMEItT Of T~XE! a, DOCUMfNTARYf~-; ~ StAMP ~ A~ ~ DUE ON pA9t ~C' 111TANG18lE rEtts~~l PROPt1!(Y? - DEPT. OF REVEf1Uf y,t i ~ r' ~ _ . ~c - ; ppRSUAt(T.10 l~111PTER n-t3t. IYCis OF ly~i. - ea. = se~~.•re + , ~ ~ 3 _ _ ' 8. 4 0 1 ~ocw ronww~ ~ I . o = ~~~02 : E ~ ~ c~rnc c~wartr ootMt. sr. wc~ oo.., Fu? ro~.rhn wirh a11 and stnpvla. th. t~n«nems, ha~t.menn and ~ppurt.no~s Nrrwrao b~lagirw or in «~rwiN +ppert+Wnp tlwrHo• and ~11 r~nts, kwM,. proa~ela and profila aoauinp ~nd b ~onw from saM pr~mises, all of whicl~ w kidud~d in th~ ~bav~ and forpoinp daeription and hib«~dum. TO HAVE ANC jQ ~ tiw sbow desaibd u+d prant~d pnmis~s unto th~ said 1NORTCsAGEE, ies woaswrs ~nd aufpro forw+r. Md 11» wfd M10RTCaA Rej/ dlein! hein. ~xecuton. ~dministrstors and assipns, Mnby oovaunb whh the Hid 11110RTGAGEE, ib woonwn and aaiprr. fMt t I~wfuly wusd of Nr said pranias in fM simpl~j N?~t tiw sarM an frw, elw and dbdwp~d fr~orn dl ~er ~nd ~ br~no~s in law or in eqvity, and th~+ t~leY will and their Frirs shdl wars~t and defmd th~ titb b tM saen~ to tM wW ~ MORTGAGEE, ib successors and wipro, fonwr ay~irot th~ lawful claims ~nd dMnar~ of ~II periaut PROVID~. ALWAYS that if tlw MORTGAGOR shdi p~y unto tl~e MORTGAGEE th~ promb~ory not~ Mnir~Mfan dNCr~d and slNll truly, praepHy ~ ar+d fu1~Y Pufwn~, d'aclw~. ~x~cut~, conpMt~. oomplY witi~ ~nd abid~ by ~ach aed w~ry th~ stipulatioro, pn+mwas, caodtion~ a~d oovw~nfs o~.s~id ~ w~++aY not~ and of this IYlortya~, tMn. this Ma9pa~ and tM bqt~ herebp. cnat~d sha{l aaw and M null and void. ~ IT IS UNDERSTOOD that tM word "Mwty~pa° wh~ther in tlw sirgular a pknal anywFwn in N~is Mort~a~. ah~il b~ sinpui~r if oew onlp and ~ ifN~~ ~ Q~Vf~ ~O~IIThI Mld MWfa~~ ~ IilOf~ t~fifl O~1l. Mld t~lit t~1! WOfd ~~1~1l1?~~ p INld MIy1M~1lff ~f1 1f11{ ~Ofro~~ {~MH b! iakM /0 Illfafl ~~ly° ~Mf~~ ~O ~ or "its," wh~rwer tM aontext so irrplies a admits. Abo, rhat wl~sw? rhen is • nf.r.na in rM oov.n.nn .nd ayr.em~nn h.rein aomain.d a an~r d d tM parties h~nto, tM sarn~ shdf b~ oonstrwd ro nwan a~ weil n the Min. Ip+l ~nsemaYms, woc~ssors ~nd assipna (~itMr vokinary b~? ~ct of th~ pa?ti~s w hvdum+ry bp opvation of th~ law) of the sarnt and tMt tFN oov«~w~b h~r~in comain~d ~lull bind and th~ be~fib and ~dvam~ya Mwa ~ ~ ro rlw rap~ctiw Min, bpai npraentatiws, wa~awn and us~yro of th~ p~rties MrNa ~ Md said A6wtpapws, for tMmwlws and ttrir Min, t~pd r~prewmatiws, s~+oonson ~nd asipro. 1»r~bY i~+~1? and wva~dly aow~wM and ~~e to ~nd whh Nw iaid MORTGAGEE. Ns soonssas and ~ssipna: 1. To psy all ~nd sinpular th~ principal u+d ii»~rat and the varian ~nd wndry wms of moMY WYabl~ by virtw of wid pranissay rwf~, and thY ~ mortp+p~, wch and ~wry. P?omD?h? on th~ d+Ys r~+P~etiwb the samt wwrdlp bacane dw. Z. To pqr dl ~nd sinpular tfi~ taaa, asMamants, Iwi~a, IiaWiiria, oblip~rion~ and ~nc~~nc~s d~wry n~tur~ and kind now on ~id d~wW~d ~ P?aPKh~, or thN h~rufta ~nay b~ tmpond, svffu~d, p4ad, irvid, a aa~ss~d therew~. w Nwt henaft~r mnr b~ levbd o? a~ss~d opon thM Mort~ ~ a~, a tM ird~bt~u s~c~w~d I~~b~r. ~ad~ ~+d ~v~ryr, wh~n dw and pnrabb. +ooo~dinp b law, b~fon N~ey b~oonn~ ddinqwnt, and bdw~ any in1KMt att~s p aoy panaNy ia inwrredj AND INSOFAR /1S ANY TNEREOF IS OF RECORO THE SAME SHALL dE PROMPTIY SATISf1E0 AND DISCIIAR<iE0 OF ~ RKORO AND THE ORIGINAI OFFICIAL DOCWMENT (SUCH AS, fOR INSTANCE, THE TAX REGEIYi OR THE SATISfACT10N PAPfR OFfK1AllY ENDORS~ OR CERTIFIED) SHAII 6E PIACED IN THE NANDS Of SAID 1NORTGACaEE WITHIN TEN OAYS NEXT /1fTER YAYMENTj and in the ~wM that anp th~twi 4 nof p~id. ~at:sfi~d and d~ed ~sid N10RTGAGEE may ~t any tim~ p~y the same a~ any part thereof without w~ivieg or affedinp any option. li~n, ~quiyr a t •tpM under w by vkhrt of this mortyap~ and tFM full ~enount oi each and ~very such payment sball bt am~edis~ely dw and psyable u~d ~MII bw int~nat trom t},e date therwf unNl p~id ~t rate of nine per ce+?tum pK ~nnwn ~~d topethtr w7tl~ wch Interpt ahall bt secw~d by th~ litn of th:~ moryta~. _ _ ' : _ . - a ~ _ - - ~~i ~