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HomeMy WebLinkAbout1199 ; i , ` THIS INOEN?URE. AA~d~ th~ 7~ day of A11 9t. A.D. 19~-. b~twMn Robert A. Sxl.sher, r., a s n , o( $ti• ~1C~A ~~y p~~, ~~~~j ~~Mt~d a~s tM ~"MbRTGAGOR;' and fIRS1 FEOERAI SAVINGS ANO IOAN ASSOCiAT10N Of FORT PIERCE, a oorpa~tioo orp~nis~d u~d txistinp wdK tl~ bw~ of tM Ueihd Staqs of M~ka and Mvinp ib p~incipai pl~a of bwMru In th~ Gty-oE~,.Piwa. St. luc~ Ccwib. flaid~. 1?KNn~ftw da~p~+t~d a ~{~W DO WHEREAS tM MORIGAGOR 4 ~wtly ie~bt~d to th~ MORTGAGEE in th~ awn of = Ll• j • , pood u?d I~wfui ma~y of tt+~ United Sqt~t ~dvanc~d by tM MORTGAGEE unto tM 1MORTGAGOR, as ~vid~nud by a an~a~ p?omiuwy not~ of ewn d~te Mrrwith, of wAich tM folbwinp fn worda ~nd fipura b• t~w topY. to-wit: . ~1~,.~pp-pp ~ ~ N, 10021521 Forf P1~ru. Florida. A1~113ti 7~ 19~ . Fw v~lw rsctiwd, 1, vw ot tltMr of us, promiss to y, withoul d~f~lc~tion, to tM order of FIRST fEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Piera, fb?id~, tM tum of with ietc~est irom dat~ af the rate of 8~X pw +i+~?~. ~thly inttall- ments as follows::127•~ a? th~ 2~'Zl day ef ptAill~2' 1975 u~d ~ lilu sum oo ths corre~pa?d~np day of_exh month tMrr ~ftK until 1M whok b~ fvlly p~id. E+ch instal4n~nt f'ast shall b~ applied in payment of 1M inte?est u~d tMn on tM unps~d b+bnce of the p~inc~psl wm. If defeult is m~ in tlN paYm~nt of ~ny Iratdkn~nt whM dw. and wch defsuU con~inws 30 days, then at tM option of tl+~ hoider, and without a~y other notice, all tM nmaini~p iratdlm~?ts ahall b~ dw and p~yabl~ at oncR. Priviley~ is qiv~n lo prepaY thk not~ in whol~ or i~ pan at ~ny time without peMlty. N~either fa~Msranc~, nw ~cpptana by th~ hoWa thwwf afi~r u~y d~(wh in +01? WY~h ~eon. s1w11 b~ dNnMd ~xt~nsiae. A lab paym~nt dwy~ of 6s! -.35 ~hsU b~ ~dd~d to each irotallment remainin~ unpaid 7 days ~fter 11a dw dat~. snd ~ lik~ sum il+~ll be added to each such inst~llment r«naininp w~p~id ~ day~ ~ffer eaci~ wccNdi^~ WYment dab. E~ch m+k~r, wrery a~+d ~ndoner herwf, joinHy ae~d s~ver~lly, waives demand. p?eser+tment p?otest ~nd ~otiu of proteat fw na+p~yment, and furtlw sgrees 1o u~y extensio~ of tim~ of p~yment, either befwe w after m~twity, without notice to ~ny of usJ and w pay ~U costs of collection, incl~dinp a reasaubk a~twney's fee in the went of any default herwnder, and Mr~by saver+tly waives all benefit of homestesd and exemptio~ under the rnrotiMtoo and laws of each Sats of tt~ United States, as ~yainst thls obliyati«? w~r?y exlension w renewal herwf. witerss th~ hand ~nd sssl of e~eh parry. ~ Robert A. SWisher. Jr. ~ ~ STATE ~F F'l...QRfi cs~?u ~ OOCUAAENiARY STAMP T. OEPL UF REYEifUE , ~ • ~ $Z~..45 ~ St~» Rewrwe SEt'S' . ~ _ ~ z i. a 5 ~la~~ltz,wRMla~arerlpi~wi~woN1 v ~ 111 2 . . NOW, THEREFORE. tlw MORTGAGOR fw th~ purpoa~ of Ntvrinp p~yment of said sum of ~~+3~•~ ~nd tM perform+nc~ of th~ cov~Mnb ~ pt~menb hM~in+h~t expreusd, and fw d~ven yood u~d valwbl~ cons7d~rations, by tMs~ prtsenn. does yrant, b~ryain, sell, ~emiss. releaH co~wy ~nd confirm unto 1M MORTGAGEE, its waceuon aed asign~, ~11 that ce~t~ lof, piecr or piral of land, situat~. ~yinp, and b~inp in tM- ~M ~ Str. ~1C~8 ~nd Stat~ of Fbrida, tMuriMd ~s fdlowa: ~~.2d - ~D.S- DD6~- G~~~ q ~~~~~in~v_~ parcel designaEed as !l~ar~ment No. F, ~Buildi.n~ Number 211~ of AIG~OINT OF' FORT PIERCE OONDOI~ffNIUM SBCTIAd I, a candominium according to the Declaration thereof, dated August 1, 1974, and r8corded f.n 0. R. Book 230, at page 2201, inclusive, of the Public Records of St. I,ucie County, Florida, together With all of the appurtenances thereto, all according to said~Declara- tian of Condominium. ~ _ SUBJECT to all of the provisions of the Declaration of Condoa~inium and Exhibits thereto, and ar~y and all restrictions, reservationa, easements, licenses and incl~ding a lease recorded in 0. R. Bodc 226, at page 558, of the Public Records of St. Iucie Caunty, Florida, Which the mortgagors assnme and agree to perform and abide Dy. - ~ I By agreement of Hortgagor and Hortgagee on file With ~ I~iortgagee, the Kithin mortgage securss no~t only an ~ existing indebtedness, but aLso ADVANCBS to be HERE- ~ AFPER made by Mortgagee to Mortgagor, the aggregate of Which ~ill equal the principal amount specified ,~~h P~yµ~ttr oF t~ in the promissorq note secured hereby. pro~n. ~ q; INT11:'i1BlE ~ ]911. WE 0:'~ ~ ~R 11-13~1. I~SS ~ ~ a~~iRC.~~E cA. A~ top~thsr with all and drgvl~r the te~wmN+», hend'~t+m~nts ud appurunces therwnto belonpiny or in aeyw~ ~ppKtainkg tha~o. +nd all raN~, hsws, prou~ds u~d profia scc~uinq and to aarw from s~id premiaes, sll of whicfi xe induded in th~ abow and fonpoirg dacription and h+b~ndum. _ TO HAVE AND TO NQIQ_th~ abow destribed and pranted premires unro tM said 1NORTGAGEE, its waesson and assipm fortva. AnJ th~ ~aid MOttTGAGQR fw IIls Min, executon, administrators and ~uipra, h~reby ooven~nts with ti~e saW MORIGAGEE, its woasson M+d ~stiyir, rh~t h6 13 lawfulFy kizad of tl~ said pranis~s in fs~ simpl~ that th~ sarn~ a?e fr~s, clw and discharp~d from ~11 liaro and ~ bruaes in law w in eq~ity, and thst he will snd h~ hein shall w~rrant and d~fend the titb to tM samt ro tM s~W MORTGAGEE, iri wocesson and assipro, forewr a~+inst t!w lawful clakns and d~mands af alI pKwnat PROVIDEO. AlWAYS th~t if the MORTGAGOR ahall psy vmo the MORTGAGEE th~ promissory rwf~ hereinbefon d~sc?ibed and shdl f~vly. prompNr snd fvlly perform, d'adw?~. ~xetute, aompkft, comply with and abide by each and ewry tht stipulatiorr, apreernenb, tor?diti4ns ~rd oona~rnh of wd promisswy not~ ~nd of this Mortpspe, tMn thi~ Mwtype ~nd tM &tate hereby aeated shall aas~ and b~ rwll and void. ~ IT IS Ut~ERSTOOD tMt tF~ word "Mo~t9sgor' whethsr in the s~nyulx or plwal anywhen in this MoHgape, shall be dnpulx if a+r only ~nd sha11 bt plur+l joimly and ~ewrally if more thsn on~, s~+d th~t th~ wwd "th~ir" ~s used anywher~ in this N1wt~+p~ sh+ll be taken to n~an "hia," "Mn," ~ w'its." whsr~ver the contact w i~nplies a admits. Abo, th~t whereve? there ia a iefere~oe in tFN coven+nn u~d ayr~emenb Mrein oomaiiwd to ary of c~ tM p~rtias Mreto, tFw sarr» sh+ll be conat~ved to me~n ~s well as th~ heirs, la9al repr~sent~tives. wccessors snd auipm (~itha vdunqry by ad of th~ ~ p~rti~s ot hwolw+qry by ope~~tion of tFw law) of the same and th+t th~ covenann herein contained ahall bi~d and tl» b~~tfits and dvantap~s imx~ to the resprctiw Min, kyal r~present+tiva, succeuors u~d sss!yra of th~ p~A'hs hsrMO. ~ Md said Mortypora, for_ tF~enutlva ~nd theN htws. (s~+l r~pre~enbtives, suaeuas ~nd wiyro, her~by jointy aed wvs~~lly oovN+ant and pne ro and wirh rl» sad MORTGAGEE, in woc.ssws and .asipns: _ 1. To pay all a~d sirgular ths pri~cip+l and inte~est and tFw various and sundry sums of ma~sy psYaW~ bY virtw of said promis~wy no1~, and this ~ maty+~e, eath and twry. W~P~h on t!w days nspettivsly tM sa~m stvtrally becoem due. "~~i 2 To pay all ~nd sirgulr th~ taaea, as~essm~nts. 1evi~s, liabil„i~s, oblip~taro and a~axnbrancss of svery rwtvre ~nd kind now on said d~wib~d ~ W~Y, or thn Mre~fter m~y b~ impowd, wffer~d. Plated. Iwied, a aNSwd therwn, a tMt FMrafter may b~ kvi~d a aseswd upa~ tN~ Morq~ ~ p~, o? tM ind~bt~dness s~our~d herebY, tacfi and w+ry, wh~n dut ~nd p~yabl~, aooord'wg b I~w, btfon thty bacort~e dtlinqvMt. and beion ~ny Yq~nst atucFws a~Mr pen~hy is incwred; AN~ INSOFAR AS ANY ?HEREOF IS OF RKORD THE SAME SHALL bE PROMPiIY SATISf1E~ ANO DISCt1ARGEC OF RKORO AND THE ORIGINAI OFfICtAI DOCUMENT (Sl1CH AS, FOR INSTANCE, TNE TAX RKEIPT OR THE SATISfACTION PAPER OFfIC1ALlY ENDORSED OR CERTIftED) SHALL SE PIACED IN THE HANDS Of SAIf~ MORTGAGEE WITHIN TEN DAYS NEXT AFTER P/1YMENT; ~nd in tht twnt tMt u~y tMtwf ia no1 paid, sat:sfied a~d dischar~td ss;d MORTGAGEE may at any time pay tM same or +ny p~~1 thereof witiwvt waivinp or ~ff~ctirg s~y option, lie~, equity or •iqM under w by vinw of this matysye snd the full amo~nt of eacl? and every such payment shall be immediately due snd psyabl~ and sh+ll bear iM~nst ~rom the datt thereof vmil paid at rate of nine per ctntvm per +rx+wn ard toyether with wch iMereir shall be ucured by the 1'~en of th:s moryta~e. - ~ ~ _ - - - -