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HomeMy WebLinkAbout1526 ~ THIS IN~ENTURE. M4d~ tl» 4 L h ~y ~ Se p t e~be r - M A.D. 19? 5, b~hvNn Buaene Herndon and ~la: ~~m~ s wife ~ ~ SL. LUC1@ ' ,y ~~y FIo~W~, Iw~inafNr d~sipM»d p tM "MORTGAGOR," and fIRST FEflERAI SAVINGS ANO IOAN ASSOCI/1TION Of fORT PIERtE, • aapa~tion wpaMs~d ~nd ~xatirg wd~r tM law~ of tl» Uni»d Stata of Am~riu and havMq M~ principal plao~ oi j b~ainaf M tIM G1y of Fort PiKar 51. luci~ Co~ntY. Nor~d+.~ ha~ dMipnaad w tM `MORTGAGEE." : WHEREAS tM NWRTGAGOR i~ krttly Ind~bNd b th~ MORTGAGEE in IM swn of ~ 2 5 a 200. 00 ~nd lawlvl mw~y of tM Unit~d ~ Stat~s advMnd by tM MORTGAGEE veto tM MORTGAGOR, as ~vidtoced by +~tain promi~sory rwh of evM+ dat~ Mr~witly of whith tM fdlowGg fn word~ ~nd fipwa i~ a ~rw oopY. to-wit: = ZS_200_00 ~~~,10021563 ~ P~ September 4 ~y 75 Fp v~lw r~cdwd, 1, vw ar ~ithK of us, promi~ ro pay, wNhout dtfalutia~, ro~he wdM of FIRST FE~ER/LL SAVINGS• AND IOAN ASSOCIATION OF fORT PIERCE at Fort PtKa. flaida, tM swn oE : 2 S~ 2~ . 0~ with intKpt from dat~ at tM rai~ of 8• 7"76 pK +~um. 1n ma+thiy 4atalN m.~,a a fo~ioWS: ~ 208 .00 on r~Oth d,y of December . 19 75 .~+d . ~ib swn on tM co.rapa~d'+np dnr of ~ad? nanth tl,~- ~ftK ~~til tFK whol~ be fully p~id. . E~ch ieutallm~nt flnt shall b~ ~ppliid in paym~nt of th~ intKest and then on tM w+paid b~lsncs of t!w prinap~l wm. If dtfwh b n?d~ in th~ paymMt oF any Ga1~IIm~M wMn dw, ~nd wch defwh aontinws 30 d~y~„ ~h~n ~t th~ optioo of tlw hold~r, ud witMout any Qther notics, ~II th~ rKnNni~+p irutalkns~?q sh~ll b~ dw and payabls ~t ona. P~ivll~ b piwn to pnp~y this rwt~ in whoi~ or in put ~t ~ny tirM withow peMlty. t~ISitMr for~Kana, rwr ~oap»no~ by tlr ho1dK thKSOf ~ftK aey d~fwh ln any p~ymen» Mnon, shell b~ d~emc' =='-^~!oo. A lat~ paym~nt char~ of ~~hdl b~ sdded to ~ad~ 6utalMee~M nmainlnp. unMiJ 7 days ahu ib dw dat~, ud • like wm ah~ll bs added ro esch such installment rem~lninp vnpaid 7 d~ya afta each wooNdin~ p+ymN?t data ~ Exh m~ka. sw~ry and M+doatr 1?Keof, jolmljr ~nd aewrally, wuves d•m+nd. Pr.~a+~rn+ent prwes~ •nd no~io. of p.orest fa nonp+ym.m. ~ed hxtlw ~ spre~s to ~ny ext~nsio~ of tim~ of psymx?t, eitMr befor~ or afta mawrity, without not~u to any of w: and ~o pay dl costs of. oollaction, indudinp ~ reasonabk attom~y i fN in tl~ went of ~y d~fauh hKwoda, snd Iwf~by ssveraly wsiv~s ~II b~nefit of homestsad aod exemptio~ ued~r th~ aonatltution and laws of ~ach Sate of tFr Unit~d Stat~s, a ~p~irot this oblipatioo or ~ny extension or r~new~l hsreof. WitMSS th~ Mnd and, sq1 of each party. r • - ~ • l5EAl1 ~ :~r~ ~ ~ - ' ~ ' / Bugene ~ndon ~ ~ ~ 537.80 5/ Marv Herndon ~y 1 Srm R~wnw Now. ?Ht7tEFOttE, tM A+?oRTG/?GOrt io. th. Qu.pos. of .ecurtey paym.m of wtd swn of i 2 5, 200 . 00 .«d th. p..fwin.eo. of th~ cav~nb ~nd spnen»nts haei~ft~r acpressed. and for ~ven pood and v~IwbM oon~id~ratio~a„ bY tMs~ Pnsems. does pram, bup~iey wll, r~nise, releat~, tonwr and tonf'wm unb th~ MORTGAGEE, its suoasson .~nd sssipm. ~II th~t ae~tain Io1. Pi~t~ a Paro~l of land, situat~, ~Yinji. and b~inp in th~ ~~y ~ SL LuCie and Stat~ of fbrGda, ib.d .s fdlows: ~.~~a - ~o- o~~.~s- ~o j Lot 2, Block 83~ INDIAN RIVER ESTATES, UNIT VINB~ as per pl t thereof on file in Plat ~ook 10, page 74 of the public records of St. Lucie County, Florida S~'A oF FLO.R.tl~A; ° oOCt)MEN;A~~r S;aM P T a x~ °Z DEpT.OF REYFJiUE ' ' ` I c-~ - - - -37 eo~ n' _ - 6E~-~'7~ I- - : - o ~ p< ~ ~ ~ o t1102 , , ~ S~ w ~werr oF u~s ~ _ . . . . . . . . ouc oM aw r wr~te ~ ~n ~ n~wrr ro awt~ n•ts~. +~cra a~~. /J1 ~ eo~E+t ~ona~s ~ ` CLFRK CtA01!(t OOURf, A. WCIE CQ, FUl E ~ . . t ' ~ to~tlwr wHh all and sinpvlar tM tN+~ms+~ts. Mrd'dartwnts aed appurtant~s tl~rnto belonpiny or h+nYw~ ~PDM+~~O and all rw~M, ~ procs~ds n+d proFits xavinp and to aarw from said pr~mi~s, all of whicf~ an includ~d h the +bov~ and fonpoinp d~wiptfon ~nd lwbM~dwn. TO HAVE At~ TO HOID tM abov~ dauibd and yram~d premh~s vnto th~ sald MORTWICEE. itt wooaw~s ~nd ~ssipns fonw?. Md fh~ s~ld ~ t he i r ,siy~ .by cow~t. whh ~tn s.~a JWORTw?c~. Ns wonssas •nd a.~ip~r„ - AAORTGAGOR fw Fwin. ~x~cuton. ~dministraron and s hsr rn.r thev are ~fi,~y ,siz.d of rh. said pnmiws h~ h. sind•: +har th. san+. m fn., dw «+d ditchw~ped troR+ •n ~tMS «d «+a~- f ~ branas in aw o. in .qus~y. «~d th.r t he v w;~~ ,~a t he i r twirs st~.0 wanet .~d d.t.nd rh. rNl. w th. s~nn. to th. sdd MORTGAGEE. i» woasron and usia~?s, fo?wer apainat the law(vl el+inu ~nd dsenarrls of ~II p~rsoeist ~ PROVIOED. ALWAYS thN ff tM MORTGAGOR ahall p~y wqo th~ MORTG/1CsEE th~ praniuay rwb hu~ dnvibd md s1N11 buhr. P~P~~Y ~nd fully putan+, dixf~~. ~x~vn, con'~Pl~t~. camplY with ~nd ~bid~ bp wd+ arw! wNy tl+e stipubtioia. ~W~rMS„ oo~d'eioro and aov~ri of said ~ promissotr oo» ~nd of N~is Allortysp~, tMn this Morey~ and the &t~te h~rsby aat~d ahall cw~ and b~ null and void. ~ IT IS UNOERSTOOD that the word "Mat~apor" wh~tMr in tFw sirgulr o? pl~nl anrwh~n in Mw Monysp~, ~hall b~ ~k~pul~r if on~ only and ~ t~N~~ bt dIM~ ~llf~y Mld NVKI~~ lf BWf! t~IMI 01MI ~Ild 1~Mt 1~1! WOfd `t~1f~ af bNd MIyMr~Mf~ ~fl f~1~{ µ0ft~iQf {~fi~~ ~ ta~t.Ml b IIIfMI ~~IM1,~~' ' w••its," wha~va th~ canext w inplies or ~dmits. Abo, rhar wher.w. rher• is a rsf.r.na in the eov.n.nn u~d apr..rnenn Iw.ein comain.d a any ofave, > th~ p~rties lwrNO, tlw wme shall be caat?ued to rman u well as th~ I+~ks, bp+l npra~ntatives, wocessors and assiprr (~itFwr vdw~bry bp ~ct of th~~~o ~ psrti~s w involunt+ry bY opa+tion of th~ law) of tM same srwl th~t tM tov~na~b hueM coMaiiwd sh~ll bind and the be~fita and adv~ntap~s 6w?~~w F ro th~ rapwiw heirs, Mpal npnssntatiws. wocessas and ai~ru of tfw puties htr~to. a V ~ Md ~id Mortpapori, fo~ tFwmwlws and tiKtr h~ks, bp+l rp~~~ntstiws, s~roc~sson and asiprn. I+eablr loin?N ard s~wnly caveMnt and a~r~e ~ so ~nd with th~ ~ad MORTGAGEE. its wa.~non and +ssipnu ~ ~ 1. to ~ pay ~II and sinputa. th~ prinapal aed ioter~st ~nd th~ various and sundry wms of moneY WY~ble by virtw of said p~anis~ory not~. ard /Ns y ~ ^+ony+D~. wch a~d wwy. P~~Pt~Y d+Ys ~~P~~~Y Tht sam~ Mwrally b~tortM du~. n ~ 4. To pay all and ~Aar the t~x~s, ass~snwnts. 1~vin, li~bilitiea, oblip+tioro and ancumbranoa d wery n~tur~ and kind now on said dwvb~d`j propKry. « thn !wr«fa? enay b~ i~npw~d, wffar~d, d+ud. bvi~d. a aa~ued th~noe, « tlwr Iwrufar m~y b~ Iwi~d « as~swd Won tN~ Mor~P~ $ +p~, a th~ ind~bl~dnsss a~cw~d Ir~bY, tad~ and ~wrr, wMn dw and payabl~. +aw~np b law, b~fan Mey b~aom~ ddinquent. ~nd b~fwa an~? ~ ~tt+ch~s w any pen~Ny i~ incwred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAJNE SHAII dE PROMPTIY SATISf1E0 AHD CISCFIARGEDENKH~Ja3~ ~ RECORp ANp THE ORIGINAI OFFICIAI DOCUMEM (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR TME SATtSfACT10N PAPER OfFK1ALLY ~ OR CERTIFIED) SMAII 6E PIACED IN THE HAN06 OF SAID MORTGAGEE WITHIN TEN CAYS NEXT AFTER PAYMENTj and in the w~m thN any fhKwf ts nol ~ p~id, s~t:sfi~d k+d discfiu~ed sa:d MORTGACsEE may at a~y t;me pay tM tame a any pan tF~eot witlwe~ w~ivinp or aff~ctirg amr oprion, (i~n, ~qufty or ~ •i9M under w by virtw of this mortyay~ and the fvll anwum of each and ~vsry urch payme++f shall b~ im~nediafely dw and payaW~ and ah~ll bear int~rat ~rom tht date thereof until paid ~t r~tt of nin~ per cent~m per a~rwm ud fopetMr with wch iM~rest shall b~ s~cwad by fht lien of M:s mwytap~. _ p } ~ ~ _ u;: ~4'2