HomeMy WebLinkAbout1546 THIS INOENTURE. 1Nad~ th~ 8th ~y ~ S$pteib@! . A.D. 19~. b~twMn
~
Dia?n~ D. Wat~rs, a' dow •
~ St • t'uCi~ Counly FIaW~, Mnin~hK daipnat~d p th~ "MORTGAGOR," and FtRST fEDERAI SAVINGS ANO IOAN !
ASSOCIAiION OF iORT PtERCE, a cwpa~tan orpanis~d ~nd ~aisiinp w~dw law~ ot tM Un~i~d Sa~a of l4n~ric~ and h~vinp in p~incip~l plac~ of
bvshww In 1M CitY of iort PMra. Sf. luci~ Cowuy. Natdr. haMmftK d~sipmt~d a tM °MORTGAGEE "
MIHEREAS tM MORTGAGOR b hatly b~d~bt~d to th~ MORTGAC~EE in th~ wm of ~ 12 ~ qood sod tawfol e?on~y of 1M UMNd
Stahs ~dv~nc~d by th~ MORTGAGEE w~to th~ MORTGAGOR, a~vida~c~d by • cKt~in praniswry not~ of ev~n date Mrwv~th, of whkA tFN ~ollowinp in
wwd~ and fipwp M~ tn+~ aopy. to-wit~
= 12~00~.00 10021572
Fo.~ P~.o., fl«M.. Septe~ber 1995
Fa valw r~uiwd, 1, w~ w NtM~ of w, prom;s~ tc p~y, withwN d~fdc~tan, to ~M wda of FiRST FEDERAL SAVINGS /?N~ IOAN ASSOCIATION OF 4
fOR? PIERCE ~t Fwl PtNC~, Flajda, tM wm of = 12 ~~0~~ with intattt irom d~b ~t th~ r~t~ of .~a.SZ'K p~r ~nnwn, in nwmhly inttal4
~r?ts u follows: = 153• O~ on th~ 20t~1 ~y of OCtOti@1' ~9 75 ~nd a 1'k~ sum oo tM carr da of ~ach ewnth tMn-
~M~~~^0 Y
.her unril r!r whow b~ fully p~kl. .
E+ch insallnwnt fint sMll b~ ~ppiied in paym~nt of tF» interat a~d then ~ tM unpaid ba~~ce of tM princ~p~l swn. If dei~ult h m+d~ k~ th~
paymaet of ~ny i~utallm~nt wMn dw, and wch defwlt aontinws 30 d+ys, then ~t tha optia+ of tM holder, a~d without a~y otM~ ~otice, ~II the r~maininp
i~?sylimsnq ahatl M dw and p~yibl~ ~t ana.- PriviMy~ 4 piren to pr~Y Mi~ aot~ ia-rvbol~ ar in p+n at ~ny tim~ witiavt pe~+Ny. Neither fonb~arw~u,
nor~~oaptano~ b~r tht holde~ tMnof ~ftar ~ny d~Fwh in ~nY•WymeeMt ~+anon. sh~H be d~emed ext~.- A-b1s payen~nt chae~e of 7a65 ; sh~N br
~dded b e~cl~ irutdlment ~emaininp unpaid 7 days ah~ ih dw dat~, and • like wm ~MII be added ro each wd~ installm~nf r~uininp wipiia ~ dayi affK
each wcaedi++p p~ymtnt date. _ -
Each mak~r, wrety and endorser h~rwf, jointiy and ave~a~ly, waives dem~nd, presentmeM protesl snd ratict of prot~at fa ~wnpeyment. ~ed fwtMr
a9raes w any extension ~ tim~ of paymeM, eitha~ b~fw~ a ahK m~twity, without ewtice to any of ust and ro pay ~tl cwb o( colloctioe, incl~dinp a
reasonabl~ ~ttorney i fe~ in ths svenl of any deisuh t~ereunde~, and he~eby severally wsivn all benefit of homestead arK! exemptan u~d~r tht tonstitufbn
and lawi of each Stat~ of tM Unit~d States. ss apaimt fhis oblipation or any ~extMSion p renewd h~rwf. .
Wihwss th~ h~nd s~d ~eat of ~ach party.
s/Diane D. Wateza, a widow ~
~ ~ - . • . - (S~l?U
~''`~~S(' •~C/. C1~,~7-C~~l' cs~w
r $18.00 ) sta» Rwtnw
(~?sieiPre~:~il~dar alylnd~,~eM _ . .
NOW, THEREFORE, tM MORTGAGOR fa tM pu~pose of sKwi^D WY~^~nt d saW wm of ~ 12 ~~O•~ , a~d th~ p~rfa+n~na of th~
cowr?~na and aprkmenn herein~her ~apre~~ed. u~d fa diven paod uid valwbl~ cauider~tions, by thtas pr~sents, does qr~nt. barp~tn, wp, hmiu,
releas~, ooewy and f'vm ~nw ~ MORTGAGEE, ib waeuon and assipns, all that anain lot, piwa or parpl of land, sitwte, lyinp, and beLg In th~
co~w~,~, of `pS't . L~~c e .na Sa» oi florida, dac.~b.a follows:
Tha,t part of the Wes! 80 feet of the Bast 880 feet of the South 1/2 of Outlot 7
and the Nortb 1/4 of Outlot 8, according to a Plat of Mlhite City, as z~corded in
Plat Book i, Page 21, of the public recorda of St. Lucie County, Rlorida?, said lots
lying and being in the Bast 1/2 of the Southeast 1/4 of Sectian 4, Tawnship 36 Sauth
Range 40 Bast, which lies North of the follawing described line:
Coan~e~cing at the Southeast corner of the above deacribed land, and.on Weat right
of way of OleandeY Avenue, run thence North alang the West right of way_of Oleander
Avenue a distance of 131.25 feet for the point of beginning; run :thence West at
90 degree angle with right o~ way of Oleander Ave~nue, and parallel with tbe South
boundary of the above described land 910 feet; run thence Southwesterly to a point
which is 20 feet Nort6 of the South boundary of said land and 1060 feet West of
the Bast boundary of said land; c~tinue West parallel with a~d at a dislance of
20 feet froa the So h boundary of the above described land to the Bast right of way
of Citrus Avenue.
By agzeeaent of Mortgagor and Mortgagee on file with
, l~ortgagee, the ~rithin ~ortgage secures not only an ~,,,~t _~_,,~,~l~~
; existing indebtedness, but also ADVANCBS to be HBRB- .~4 ~?~~n"''t
i ARTBR aade by Mortgagee to Mortgagor, the aggregate ~
! of which will equal the principal aaount specified~~~~a~ ~
~ in the proaissory note aecured hereby.? p~~~ 'p~ ~
; y+~c ~ .
~ - a~
~ toyethsr with all and sinp~lar tM ta+wmenn, Mnditsm~nb and ~pp~xt~nces tt~wmo b~lonpinp w in anywi~a ~ppeAaininp tlwrelo, and all rent~„ bsoa
~ Wocaeds u~d profita aoavinp and to acrnre troen s+id prenwas, all of which an inch~drd in ti~ ~bov~ and fonpoirg ducription and h~b~ndum.
~ TO HAVE ANO TO HOLD tM sbow desaib~d and yranted premiNS ~MO th~ s~id MORTGAGEE, its woc~swrs and assipns fw~wr. Md th~ Wd
~ n~TCncoR fo. . her Irin, exscuton, sdministww~s and assges. IxhbY cow~b with tM said MORTG/1GEE, its waason and ~s~ipe~„ -
she is ~ ~ ~ N~
ly pnmi~s in fe~ sirr~plet th+t the s~m~ an frN, ckar and d'iKharp~d han all U~s and ~nn~.
3 brsnus in law a in ~qvity. ~nd tha+ Sbe will and he! hein shall wur~nt and d~fend tM titb b th~ Wm to th~ uid
~ MORTGAGEE, its wcceuws and assgra, forwer apairot t}w lawfvl daims and damands of ~11 pe~wrot
~ PROVIOED. AlWAYS tMt if th~ 1NORTGAC~OR slwll p~y ~r?to th~ MORTCsAGEE fhe promi~wry ~ot~ h~rei~befon d~wib~d and sh~ll hvly, prompfly
3 ~r+d fully pMform, disclw~, execvtt, eornpl~t~. comply with and abidt by ~sch aed rwry Nw stipubtiom. +p~~r~ms, aonditiaos and oov~rNeb of ~+W .
promiiwry rw» and of thh Mwtype, then this Nlortysye and tM Ettate her~by as~ted shall a~s~ and b~ rwll and void.
IT IS UNDERSTOOD that th~ wwd "Mo~tyapor" whethK in tFw sinpular w plwal anywhen in this Mortysp~ ~II M sirgular if on~ only and
` ahall b~ plwal ~ointly ~nd severally if mon th~n on~. ~nd that the word "tlxir" as usd anywhen in this Monpp~ slwll M takan to m~an "F~h,,•• "twn,"
~ or 'its,° wherwer th~ cont~xt so implies or admin. Alw, th~t wherwer there is s nfaenu in the coven~nts and apraem~nb harsin contairMd to +nY dvoo
~ tta partln hereta th~ sun~ shall M co~rtrued to mean ~s well a the Mirs, kp~l represent~tiws, s~ocsuon ~nd astipro (~itlwr volw~tary by acf of tMo~v
R parties or involvntary by operation of th~ law) of tM sam~ and tiwt tF?e oovenanb hsrein contsinsd sh~ll bind ~nd tM bMSfiri and advaM~pq irwr~ ~c
~ ro the nip~ctire Min. I~1 r~pr~sentatiws, woces~ors u~d au°pm of tM psrties hu~to. ~
~ Md s~M IlAortyapon, ior t1~e~radv~s and th~ir hein, I~yal npr~t~ntatives, s~castws and ~tsfpm, hereby ioinfly and ~wa~lly oovN?~nt and ~pr~ ~i
a ro aad wHh fh~ wd MORTGAGEE, in s„cusson and sssipro: ~
~ 1. To pay all and sinpular tM
~ prinapal and intaeu ~nd the vsrio~s and su~dry wms of money paYabb bp virtus of said promissory not~. and thN .
~ mwtQ+D~, ach ~nd ewry. P?amP~~Y on th~ days ~apactively rM saen~ sw~rally b~corm dw. p
~ 4. To p~y •11 and s~gvlar the t•aes. ~swssmenn, Iwies, li~bilities, obl ~ions and annenbanns of
~ b+ wwY rwt~w~ ~nd kind now on said dnaib~d
~ propMy, a Nwt Mreafter m+Y b~ inpw~d, wffer~d. Pl+ad, levi~d. or ~s~d thenon, a th~t hK~ahsr mqr b~ kvi~d a~awssed upon thi~ Map~ ~
~ +y~, a tM Y~d~bt~drwu ~acund h~r~by. ~ad~ and wNY, wMn dw and p~yable, aocordir~p to law, btfor~ they boan~ dtlin9wm, and befw~ any inqnq ~
att~dxs p any penalty is incwred; AND INSOFAR AS ANY THEREOf IS OF RKOR~ THE SAME SHAII dE VROMPTIY SATISf1ED AND DISCIIARGED OF
~ RKORD AND THE ORIGINAL OffICtAL DOCWNENT (SUCH AS, fOR INSTANCE, 1HE TAX RKEIPT OR THE SATISfACT10N PAPER OffIC1ALlY ENOORSfD
~ OR CERiIFIEO) SMALI sE PUCED IN THE HANDS OF SAID MORTGAGEE WtTHIN TEN DAYS NEXT AFTER PAYMENTF rd in tM svaM th~t aty 1Mnof is no1
paid, sat'tfied and dischar9ed sa~d MORTGAGEE may ~t ~ny time pay the same a any part thertof withoot w~ivirg o~ affectirg any optan, li~n, equity a
~ •Ipht ~nd~ a by virtw of this mwt9ap~ and fh~ full amovnt of each and, erery svch paymtnt shall b~ irrwnediately dw ~nd pay~blt and shall btar imenst
~.ar rhe d~ts the?eof untit paid at rat~ of nine per «ntum p~r ~nnwn ~nd topether with ~uch imer~st shafl b~ ~ecwed by the lien of fh'i moryre9e.
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