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HomeMy WebLinkAbout1976 < t , 1 t ~ ti THIS IN~EMURE. Mad~ ~n. 9th d,y ~ Septesber ~p. 19 75_ b.,w..,, Chasles C. liavl inq, JY a s*+e1e ad~~ - aE SL. Lucie Cpy~~y FbrWa, M?~i~afiN d~sfpnated as tM "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND (OAN ASSOCIA?ION Of FORT PIERCE. • oapo.anon ory+niud and ~xisrinp w~d~r th~ bw~ of rM Unitsd Su~~s of Mw~k~ and h~vinp i» p?incipal pl~u of buil~ps in th~ City of Fart PiKa. St. luci~ Cow+ty. f1orW~, hKSiMha dqipnaad ar ti» "MORiGAGEE.•• WHEREAS th~ MORTGAGOR is ~ustly iodsbNd b th~ MORTGAGEE in 1h~ wm of ~ 45 ~ 0~ • , pood +nd ~+~ivful mpn~y of th~ Uoit~d Stat~s dva~ced by th~ MORTGAGEE ~n~o tM MORTGAGOR, ~s ~vid~nced by a a~tai~ promiuay not~ of cven da~e herswith, of which 1M followirg in M,ordt ~nd t• wa b• trw copy, to-w~t: ~ 10021574 = 45,00~.00 n?, reo - - _ ~ n . , , ~ „ Septmber 9. ~v~~ fort Pierc~. Florida, fp valw nuiwd, 1, v~n o~ eitMr of us, promis~ to wY, withouf dei~Itslio~, 1o the order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIA?ION OF fORT PIERCE at Fwt Pi~res. flwida, the sum of .}a S~~0- ~ w~~h inte~eit trom date at tM r~t~ of9 96 pK ~~tMy irolai4 m~nis ~s followi: ~ 378 on 11n 2~hday of OCtO~@r 19 75 uid a lik~ sum on ths carespa+dinp day of s+d~ month tiwrr a(ttr until tht vrholt M fvlly p~id. Each insullmN+t fint ihall b~ applied in payrntnt of tM intaeit snd then on tM ~npaid batance of ths princ~pal swn. If dtfauh is m+d~ M+ tM payment of ~ny irot~llmp~t wh~n dw, and such defwh continues 30 days, ther? +t tM option of Ihs Aolder, and without anY othe~ notice, ~II the remaU?iny imtal4nsNa 1~lI bs dw.and paya6le at onta . Privibpe is ~ivea ro Pr~WY.this not~ in whob or in part ~t ~ny time withow penalty. Neither forebt~ranc~, no? ~ccrptana by the holdar Hwreof ~hsr any~defauh in a~r p~ym~nts hereon, shat! be deerxd extension. A late payment charg~ of~ 18•~ sh~11 b~ •dded b Nch imlallment remaininy vapaid 7 days after ib dus date. and a like sum shall be added to ~•ch such ieurallment renwlnhy unp~Id 7 dayt a'~ter each wta~dinp WYmtnt date. Each m+icer, surety and endorser hereof, jointly u~d aewrally, waives dsmand, presentment protcat and ~otice of prwest for ranpayment, ~nd futtha eg~aes to any eutension of tims of p~yme~t, either before or ~ftK matwity, without notKe ro ~ny of us; u?d to pay all costa of collectior+, includinp • reason~ble ~ttomey's fee in tM event of sny def~ult hereur+der, and hereby sevaslly waives all benefit of homestead and exemption under tht cautitution and laws of each Saro of the United States, as against lhis obliyation w any ext~ns~on w reoewal her~of. ~ Witness the hand and s~sl of e+ch ps~ry. " • s/Charles C. Hayling, Jr. ~ a sinyle adult ~wq (5~?U (5~?U ~ 567.50 ~ u.» R.,~+~,. • • csTMnAz*'~OAk~!'aralpl~~+er~ _ NOW, THEREFORE, the MORTGAQOR fa th~ puryo~e of securing payment of ssid sum ol : 45 . and N+e Perfo«n+nw of th~ cov~nanb and ayreemanta har~inafter expressed. ud fw divers 9ood and v~lwbl~ considewtio~s, by thes~ pr~sants. does Or~nt, baryain._ sell, nmi~, releas~, oonwy and confirm unw tM MORTGAGEE, ib wocessoa a~d assipns, all tha~ certain lot, piao~ or~parul of land, situat~, lyinp, and bsug in tl+~ St. Lucie Counry of ~ te of~ d~scrib~d as followu y~ ~'l~~ ~ Lots 4 and 5, Block 1, B~1'ON' S MANOR SUBDIVISION, as -peY plat hereof on f ile in Plat Book 14, Page 18, of the public records of St. Lucie County, Rlorida;~ By agreeaent of Mortgagor and Mortgagee on file with ~ Mortgagee, the within aortgage secures not only an existing indebtedness, but also ADVANCBS to be HSRB- _ AFTBR aade by Mortgagee to:Mortgagor, the aggregate of which will equal the principal a=ount specified - in the pYOVissory note secured hereby. ; t _ ~ ` f . ST~1TE ~F FLJRlD,~ 1 { ' oZ ~ DOCUMENTARY~,~STAMP TAx ~ - ; ~ DEPi. Of REYENl1E t:'` • p~ ` N s ~ ' nC~JV~ ~ ~N P~YMEM OF TAKF~ : ~ a* = P.B. SEP 11•1S ~ 6 7 5 0~ Dl~ ON ClA9t'i INTAN818LF rERSONAL PROPERIYi ~~~02^ PURSt1AKf TO GIAPTER A-13~ ACTS OF 19l ~.i ~ ilOBER POIi1qlS i%~ CLERK CtROUR COURT. Sf. luC1E 00, FII~ topeth~r with all snd singvl~r th~ tenements, her~d'damenb ~nd ~ppurtances tMreunto b~longinp o~ in ~nywis~ appertaininp therHo, and dl rents, i~aws, proued~ ~nd profin scvuing ~nd to acuw from ssld premises, all of whkh ae induded h the abov~ and for~oin~ dacription and habendum. TO HAVE AND TO HOtD tF~e ~bove dewibed and yranted premaes unto tM s~id MORTGAGEE, its waesso~s +nd auipm fonva. Md tM rald Mp~T~~ f~ h~5 _ hein, executon, administratws and assigro, hereby ooverwnts with ths said MORTGAGEE, its waessors and aaiptr. ~hat be ~ ~ lawfvly uaed of th~ aid premi~s in fee simpl~r tl+~t the ~anw ~n he~, cl~+r +~d d'nd++r~ed from ~II li~ns ~nd ~ br~nas in Isw p in equity, and that he will and hi5 heirs shall wsrr~nt and defend the titb fo tM s+m~ to th~ said AAORTGAGEE, i» successon and assipm, forever ays'u~st the lawful claims and dem~nds of all penant PROVIDEO. /LLWAYS tMt if fh~ MORTGAGOR sh+ll p~y w+to the MORTGAGEE tM promissay not~ Mr~inbefon destribed aed shall tndy, prompNy a~d fully perform, disd~arq~, execvte, campbte, comply with and ~bide by ~ad~ ~nd every ths stipulatiora, pre~nn, ca~ditam a~d oov~nanb of said ~ promissory note and of this Mortyape, then this Mortya~e and the Estats hereby aeated shall uass and be null and void. ~ IT IS UN~ERSTOOD tMf th~ word "Mortyapor" whether in tFw sinyubr or plwal aeywhere in tha Mortgspe, shsll b~ si~gulsr if on~ only and ~ shall M plwal jointly and swerallp if mort tMn on~, and that tht wwd °their" used ~nywhere ln this Mwt9~ shall be tsk~n to tn~an "his," "herR" ~ or 'ib." wherever the oom~zt w impiies w admi». Also, that wher~va thae is a r~faenct in tM covenants snd ay~eema+?s hersin oont~Ln~d to ~r of ~he puties htreto tFK sam~ shall b~ oonstrued to me+n as well ~s the F~eira, 1a9a1 r~pesentativa, suaessas snd sssipns (~ither voluntary by act of th~ ~ ~ p~rtiq or involu~tary by ope~ation of the law) of ths same and that the covansnts harein contsined aFwll bind •nd th. benefin .nd advmp~s bwr~ ~ to ths r~ap~aiw Min. Ipsl flPfO!lf1Ta11Y!!~ fYCtlffWj and ass~ym of th~ parties hsreto. Q, And said Morty~pon, fo~ themselves ~rid thei~ hein, le~+l representat'n~s, suocesson and auiym, h~reby jointly ~nd severally covenant ~nd ~pne t"'~ ro and with th~ s~id MORTGAGEE, its succ~swn •rd assipro: ~ 1. To pay all and sirgular th~ principal snd interest and the varian and sundry wms of mo~ey pay~bb by virtw of said promissory noN. ~nd this ~ mortg~ye. ~ach and ~wry, promptly on tM dsya rdpectively ths sun~ s~wrally becarN dve. ~ 2. To p~y dl and sirgul~r tFw taxes, nsesunenn. Iwies, liabiliti~s, obl'gatioas and ~ncumb?+Qcas of every natur~ ~nd kind raw on uW duoib~~ propKry, a that hereafar maY b~ -imposed, wffered, p~aced, levi~d. a ~aessad thenon, a tFwt Mr~after may b~ lev~ed a ~swss~d ~rpan tiAs MNaa~~i ap~, or tlw M~dabl~dness secw~d hereby. ~ach ~nd evay, when dw and psyabl~, aocordinp to law, befw~ thsy b~cam delinquem. ~nd Mfw~ any attatMs w aoy pen~lty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAIL BE PROMPTIY SATISf1ED AND DISCNARGEO Of1xo RECORD AN~ THE ORICa1NAL OFftC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OFFICIAtIY EHDWtSED o OR CERTIFIED) SHALL dE PWCED IN THE HANDS OF SAID NWRTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the ~ver?t that any tl~u~of is rw~~ paid, sat'sfied ~nd discherged said MORTGAGEE m~y at any time pay the iame o? anY psn thereof withovt w~ivirg w affectinp aMr option, lien, p~rity a f ~ipht und~r or by virtve of this mortga9e and the futl amount of e~ch and wery wch Wyment ahall be immediately due a~d p+yabl~ ai+d sMll beu imK~st E.om the dste thereof until p~id at rate of nb+e per centum per ~nnum and toyether with such intt~est ah+ll be secured by H+e lien of th:s mwgtp~. x~; ~;~ti: ~ g.~~' _ - - . 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