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HomeMy WebLinkAbout1524 THIS INDENTU~ llMd~ t~Sth~~. s~ o~ ~ Y A.D. 19? 5 MMr~ Mike Na ser and~do~l i a s ser ~ s e, of _.,~s Z.L1C~@ , Counfp Flwid~, IwrtkuftK d~iipnated as ~M "MORTGAGOR," ~nd FIRST FEDEIWI aAVINGS AND LO~?N ASSOCIATION Of FORT PIERCE, a aapa~tan orp~niud ++id ~xistinp w~d~r th~ laws of th~ Unifed S~~tN of Am~riu and havlnp i» princtpd piap of busin~s~ h 1M Ciy of For1 PiKa. St. Luci~ Cou~ty. Flaida. htr~in~f1K d„iyn~~~d af tM "MORTGAGEE." WHEREAS tM MORTGAGOR is hntlr iodtbt~d 1o tM MORTGAGEE in tM sum of ~41 ~ 600.00 ~~M,ful moo~y of 1M Uoited S~a?es adv~nced by tiw NORTGAGEE u~to the h.i?ltTGAGOR, as evid~nced by • certa~n promiuory nott of wM dat~ Mrwvith, of vi,hich tM iollowinp in words ~nd fiy~rq is a t?ue copy, towit: 13000134 ~ 4 ~ L600 • 00 . wo , ~ P~n. F~„~,. Se~tember 5 ~q 7'S Fw valw receiwd, 1, we or either of vi, p~omiss to pay, witho~t defalcatan, to tM order of FIRST FEOERAL SAVINrG~S~ AND IOAN ASSOCIATION OF FCRT PIERCE a1 fort Pi~rc~, Florida, ths ivm of 1 L~O• 0O with interest from dafe a1 ths rat~ of g• 7'9G p~? an~vm, b? monthly install- ~nenti ~s follows: ~43•0O ' on the 2~th day of n~~~r i9 ~S and • like sum an tF~ corres~wrKlinp day of each mo~+th thar~- airer until tM whol~ bs fully paid, • EacA iostatlment fint shsll b~ +ppGed in payment of tl~ infe~est ~nd thcn on the unpaid balsnce of the p~incipal sum. If dafauh h m+d~ M th~ paynxnt of any installment whee dw, and such defauh continues 30 dsys, then at ?he op~i«+ of ~he holder. +nd v~ithout any other ratic~, ~II tM rem~l~u~p ~nstellmenb sFul) be d~e snd pay~ble +t onte. Privilepe is piven to pr~pay this ~ot~ in whol~ w in patt ~t any tim~ witFw~rt penahy. NeitFwr for~btar~na, ~or acceptanc~ by tM holder the?eof afta any default i~ any payments hereon, sMll be deemed extanion. A Iste payment chup~ of ~.17 • 15, ~II b~ added ro each installment ?emaininy u~id 7 days ~fter ln dw date, and ~ lilc~ wm shall bs added ro esch suth installmsnt rem~ininp unpaid 7 days afftr each tutteeding paymen! date. Exh maker, surety and endorsen c~reof, jointly and severally, waives demand, presentmeM protat and ratice of proteat fw nonpayment, aod f~nher a3rees to soy extenian of time of paymem, either befwe or aher matwity, wiihout notice to any of us; and to pay sll cosb of colleclion, incl~dinp • reasonabb attorney's fee i~ tM eveM oT sny default herevnder, ~~d hereby yevenlly waives all benefit of homestesd ~nd ezemption utwl~r tFw taatifutiaf a~~d laws of •sac1+ Stats of the United St~tes, as against this oblig~ticn or +ny exteroion or renewal hereof. ; y•. , Witntu ths h~nd snd seal of eath party. S/ Mike Naser ~ ~ ~ - . , ~ w l5~/?U - . S Idolidia Naser ~ ~ 62.40 ) sqb Rev.nu. ~ i5~einpranc~ila~ eTeri'iwa/ ~sta . NOW, THEREFORE, the MORTGAGOR for the purpose of sec~ring p~yment of s~id sum of s 41 ~ 600 ~ co•+enann ud apraements hcreinaft~r exprascd, and for d;ven 9ood snd wlwble ca?sidaratio~s, by tMs~ p~aents, does prant, barpsiA, s~ll, r~miss, release, convty and coniirm unfo the NIORTGAGEE, its tucceuors and auipns, all that certain lot, piete w paroe) of land, sitwt~, (yb+p. w~d b~inp in th~ tounty of - St. Lt1C1@ ,~nd Sta» of Fiorida, deurib~d as fdlowt: I.ot 11~ Block 256, PORT ST. LUCIE SDCTION 24, as per plat thereof on file in Plat T3ook 13, page 31, public records of St. Lucie County, Florida a l' -~~p ~•s~ Do~~ - . - By greement of Mortgagor and Nor~gagee on ~lle w1Eh Mortgagee, the~ within mortgage secures not only an existing indebtedness, but also ADVANCES to be NEFZEAFTER made by ~fortgagee to Mortgagor, the aggregate of which will equal the principal amount s*~ecified in the promissory note secured hereby. . . [,,~,p ~ oZ ° QOC MEN~AR1f ST~AMP~TAx t - C~ dEPT.OF REYfNUE r : - ~ ; ~ =t~=_~-~~s ~62.40t ~ ~ ~ o =~NOr j 0 ~ ~ _ . . . . . . . . . as~ r ~r } ~ °f ~'°s +~e~ r~i ~r. ~~rMr * aiw~ ~ca a? u». ~ ~ ~ ~ ~'x~q cn~ewt oowr. x. ~ / ~ rogether with aIl and singutu the tenemenn, hereditimenn and ~ppu?unces tMrwneo bebrgirg or h anywhe ~ppatsiNnp tMrNO. ~nd ~tl rents„ issws, Fr«eeds and profin acuuirg a~d to acuw hom uid premises, all of which m induded in tM abov~~d forpoinp d~saiption and h~ba~dum. t TO NAVE AND TO HOlO the sbove described and gra~ted pemi~es uMO the said MORTGAGEE, its woaswrt and ~ssiyro fonwr. Md th~ s~Id ~ MORTGAGOR for ~be1Y hein, executon, adnunistnrors ~nd assiym, hereby cov~n~nb with fM aaid MORTGAGEE, Ns arctnw~a a~d nslpr~„ ~ that they are u~~ ~ t~ ' € h premiNS in fee simple: th~t tF» aarn~ ar~ h~e. cha~ and ~aClwpedl fran dl (i~ns and ~r ~ orances in law w in equity, and tMst they will and their ~n ~II wursM and d~fend tlr titl~ b th~ farn~ to th~ pW MORTGAGEE, i?s svcuuors snd assipns, faever p~imt the Iawful claims and demands of all perwro= ~ PROVI~ED, ALWAYS th~f if the MORTGAGOR shsll pay unto the MORTGAGEE th~ promissory not~ h~r~inb~fon daaib~d ~nd ~11 trulp, prarnptly , and fully perfwm, dixharye, exetute, compkte, tomply with and ibide by each ~nd every the stipul~tions, pr~een~nts, conditiom and oov~n~nb of said ? ~rom~ssory oote and of this Morrga9e, then this Mortgape snd the Esr~te hasby ueated shsll oe~~ a+d b~ nvll u~d void. ~ IT IS UNDERSi00p that ttw word "Mortpapw" wheth~r in the sinpular w plwat anywhen in thk M1ort~a~. ~hall b~ sinpvlar if wr onhr ~nd , :hall be plural jointly a~d sevaally if more than one, and tFyt the wwd "their" ss vted snywlier~ in tbis Mwt~ap~ ~hall b~ t~k~n to mean "I~b.•• "Iw~s,•• r cr "its:' wherever the context so implip w admin. Also, tMt whe~eve~ thae is a nferenos in the aovenanls and apnanenb haein oont~ined ~o ~ny of ~Q ~ ~he parties hereto, the same sMll be constrved to mein ~s well as the heirs. Ipal rtpres~r?t~tives, wcuason ~nd assipns (~itFw voluMary ~y ~ct of t1» : ~~.r~es a Involuntary by opaation of the law) of tht same snd tMt tM oov~nsnts hsnin com~inad shall biod ~nd the bensfits ~nd advamap~s bwx~ ~ ~c the ~espactivs heirs, laysl repr~sentatives, succ~ssors aed ~u~ro of tM puti~s herno. ~ ~ Md said Mwt9+yws, fw rF~en:etra and their hws, k9+1 repres~ntatives, succesfon ud ~asipns, MrebY lointh ~nd swarally cavarNnt arw! pne ~ ~ !o and with ihe s~id MORTGAGEE, its svaeswn snd ~ssgen: - 1. To pay ~It ~nd si~pvl~r th~ princ;pal and interest and ths vuio~rs and wr~dry wrns of monty payabl~ by virtw of aid promiswry not~, ~nd Mds ~ martgspe, each and wery, promptly on the dap resp~crively th~ sartK sw~rally becam dw. ~ ~ 2. To p~y aIl ~nd sirgular tM_t~xes, assess~ner?ts, levies, liabilitks, oblipatiom ~nd enaxnbrano~s d wwy n~tw~ and kYd now an said dacrlb~d ~ ~ P~opertY, w fhat here~fisr m~y b~ imposed, tuffaed. P~+ad, leviwd, or ~wswd flnreon, o? th~f herafta may b~ Itvisd or p~d upa~ 1hN Nlort¢ ~ e9e, w tM ind~bt~dness ~eour~d heteby, each and ewry, wMn due and psyabM, aotordinp W law, befon th~y bston» delk~quent, and bdo~~ ~ny inNrut ~ ar~a:hes a~ny peneHy is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAIt dE PROMPtLY SATISf1ED AND DISCHARGEO OF ` V ~ RECORD AND ?HE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENOORSE~ i~ ~ OR CERTIFIED) SHAII dE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the ~vent that any tharsof is rwr pa~d, sst'~fied and disd+uQed sa:d MORTGAGEE may st any time pay tht ~arew a any put thereof without waivinp or afftctirg ~ny option, lien, sq~riry p •~qi,f under or by virtue of this mortp~ye ~nd the full amo~nt of e+ch and every such paym~nt ahall b~ immedist~lp dw and payabb and shall bear intaeit ~ro+n rhe darr fhereaf vnf~i ,a;d ar rate of nioe per centvm per anrwm and royether with such int~rNt ihall be s~cwed by th~ lien of th:s morgtage. _ - _ . . - - - . Lr~~ _ ~:3 _ _ _ _ ~ s~~ Yi:'-~~