HomeMy WebLinkAbout2579 ~ t 31~'~9p .
THIS INDENTURE, Mad~ th~ 16th ~y af S~stec~ber ~ A.~. 19_~ bNwNn
_ Richard E. nllard and eryl B. Allard~ h s w e
of _~.tii,~L~e Cp~nh Fbrid~, hertie~itw daipeuhd ~s Ih~ "MORTCsAGOIF;' u~d FIRSi FEVERAI SAVINGS AND IOAN
ASSpCiAT10N OF fORT PIERCE, a oapora~an wpsniud ud ~aittinp undN tM lawt o~ th~ Unit~d Sut~s of Aen~riu Md havinp IN principal plac~ of
bus+n~sa in tl» City d Forf PiKp. St. luci~ Co~~ty, Florid~. INf~IMIfN ~NiQMt«I p iM "1MORiGAGEE:'
WHEREAS tM MORTGAGOR is jwtly indebt~d b 1M MORTGAGEE In tM wm of ~~a ~~0•0O ~ yood ;t~d I~nrfvl moeyy of tM Unit~d
Sreros adwnced by tM NORTGAGEE u~ro tFw MORTGAGOR, p evidcnced by • certaEn promiuory ~olt of eve~ d~t~ htrwrith, of whith tM followinp'~n
wwds and fipura is • uiia Y. to-wit: ~
~ 14, 000 .00 r~ 23000142 ,
Fo.r PN.c.. Fb.~a+. Se~tember 16 19 75
Fa valus recaved, 1, we a either of vs, p~om~s~ to pay, wi~hout dafsica~ion, to ths orda of FIRST FEOERAI SAVINGSS AND IOAN ASSOCIATION Of
fORT PIERCE a1 Fwt Pierce, Fbrida, ths sum of S 44,~~•~ w;th imerest from date st ths ra1~ of 8•776 per annum, 2+!monthly irqtai4
ments as foJlows:: 362.00 ~ t~ 20t11 ~Y of ~CLOb@T 1975 and • liice sum on ths caresponJirg d~y of each month tFw~r
after until ths wiwl~ b~ fully paid.
Eath Instaliment flnt shall b~ ~pplied in payrn~nt of tl+~ interest u~d then o~ tM unpaid b~lante of tM princ;pal sum. if defauh is msd~ in ths
payment of a~y in~tallment whe~ dw, ~+d such defavU continues 3p days, th~n at ths option of ths hotder, snd without any other notice, all ths ?em~ininp
~nstallmtnn shall be due ar~d payabl~ st once. Privikys a piva~ to prepay thb noro in whoi~ or in paH ~t any time witho~t p~nalty. PMith~t fa~bNtx~u,
nor scc f~nts the holder thereof atter an default in an ments hereon, ~h+ll bs deemed exfension. A lats ry~ ~'S . 10
•P bY Y Y WY p~ymMt ch~ of = ahall b~
added to each i~tallment rem~ininp unpaid 7 days afbr iri dw d~te, snd a like sum shall be adda.~3 i+ each such i~?sallmeM rsrtwinFrg w?paid 7 days ~Rer
ea:h t~cteeding paYmeM date.
E+ch maka, ~surety ~nd erKlwser hereof, jointly u+d severally, waives demand, presentment protest and notiot of protest for nonpayme~it, and fu~the~
agree~ to any sxteruion of t~me of payment, either before or aher maturity, without notice to any of us; ~nd to pay all oosts of collection, indudirq ~
reasonabk attwaey i f~e in ths event of any de(aufl hereundet, u~d he~eby uveraily waives al~ benefit of homeste+d ~nd exemption ~ndtr fh~ oorutitution
and laws of each Sta1e of the United Stares, as agai~st this obligation p~ny extension or renewal hereof. .
Witoess Ihe hand a~d seal of each party. .
't -
+ S/ Richard E. Allard ~W
Cheryl B. Allard ~ '
!~?U
~ 66.00 ~ State Revenw ~
(s~.+pra,xetkd~ en-«iptnd ~ro+e) .
NOW, THEREFORE, ths MORTGAGOR for the pwpose of ~ecuri 4 4, 000 .
ng payment of ssid sum of ~ , and t!~
covenants and sgreemenq her~inaher expressed, ~nd fw divers Qood and wlwble considaatio~q, by fhes~ presenta, does ~rant, b~rp~in, sell, remis~,
reiease, tonvey ~nd confirm unto the MORTGAGEE, iri t~tcessors u+d ~ui~ns, all that certain lot, piece w pucel o/ (and, situaf~, lyiny, and b~iny in tM
County of - St=3.tlc? e and Stete of Florid+, deuribd as follows:
i~ot 25, Block 246, PORT ST. LUCIE, SECTION b, as per plat thereof on file in Plat
E?ook 12, pane 36, public recards of St. Lucie County, Florida
By agreetnent of +fortgac~or and btortgagee on file with Mortgagee, the within mortgage
secures not only an existing indebtedness, but also ADM1/ANCES to be NEREAFTER made
hy tdortgagee to tdortgagor, the aggregate of which will equal the principal amount
soecified in the promissory note secured hereby.
~ ~~'oTE oF FL,ORIDA
gy ~ DOCUMENTARY STAMP_ TAX ~
DEPT. OF REY~AIUE : S
K~ "d' _ P.R + SEP t 7'~S : 6~7. D O ~ ~~p([ ~ U~
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. . . . . . . . _ . . ~ 10 q'"Pi,as yat~t o~•1w
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i ~cgerF,~r with sll and singolar the renemena, hered~tamena snd ~ppwtsnces thereunto belonp?rg w in anyvriq ~ppKtainLg ttwrtto, and all rents, itsws,
F~«eeds ~nd p~ofin ~cuuing and to accnro from ssid premises, all of which ue inclvd~J in ths abov~ and forpoinp dncriplion and hab~r~dum.
TO HAVE i+NO TO HOW the above desaibed and 9r~Med premites unto the wid MpRTGAGEE, its wousson ~d assipns fonvu. Md th~ a~id
, ~
MORTGAGOR {o? their ~~n, executors, adminatraton snd essipm, haeby oovensnb with Nw said MORTGAGEE, its woassors and aniytr,
ihar the~ are Iswfully seized of tM said prema~s in fee s~npl~; that tln s~ms w hN, cl~ar and dachuy~d from all li~m and ~r
~ brances in law a in equity, and ths+ they will snd thei r ~n ~11 warrsm and d~fMd t!» tltl~ b th~ sanw to th~ pid
MORTGAGEE, its succeuws ~nd essigm, forever ~Qsinst ths lawful claims ~nd demands of all peno~sj
PROYIDED, ALWAYS that if the MORTGAGOR sMll pay unro the MORTGAGEE the ptan~story note her~inbtfore daaib~d ~nd shall fruiy, promptly
and fully perfwm, dixharge. execute, tompltte, tomply with and ~b+de by each and every the Nipul~tiau, ayr~ts, conditiom and oovenu~b of aaid ~O
p~omcuory nore ,nd of tha Morfgaye, rhen this Mw~y.ye and tFie Esra~e hereby v~afed ahall pat~ and b~ null and wid.
IT IS UNOERSTOOD that the word "Mort9agor' whether in the singular or plural anywlwt~ in this AAwtpape, ~hall M sinpular if on~ onlp ~nd ~
shafl be plur~l 'pintly ~nd severally if mwe than ons, u~d that the wwd "their" as used anywhK~ in this IMortyap~ slwll be t~ken to mea~ "hk," "has," ~
or "i», ' wherever tl+~ context so implies w admin. Also, tF~at wherever there a s nftrerin in the cowoanq and preeer~en~s Ix~~in ooetairnd to ary pi
rhe p~rties hereto, the sune sMll be construed ro me~n as well n the Mein, kyal ?epres~ntatiws, suooessors and auipn~ (~itfwr voluntay by Kt of Ny
part~es or invofuntsry by opersYan of the law) of tFw same ar?d that tM covenand l+~~i~ cont~irNd ah~ll bind ~nd th~ bK~efits and ~dvampa M~w~ ~
to the respective F~ein, layaf represenhtives, sucu:fws and aa%yns of th~ parti~s h~rNO.
Md said Mortya9ors, fw tFwmsetva and their hein, 1e9a1 repr~sanf~tives, woussors and auipro, herelry jointFy and sw~ally oovtMnt and aprK
ro and with the ~aid MORTGAGEE, its svaesson ud ~stigrq:
1. To psy ~II uid sinpular tht principal ~nd inttrest u~d tM wrious md ~y sums of mon~y paYabl~ by virtu~ of aad ~ii
m or t ~ a~ e, e s c h a n d wery, pomp
t ly on t M d
a y s respective N t h e sam~ sw~ra l l y b e c
a~ d~. ~ ~~s~ ~
2. To p~y all and si~gvlar tF~t ta;e~, ast~s~nenq, levies, li~bilities, obl1yatiom and ~anps cf tvKy n~tur~ and ktnd rqw p~ wb dpo~
property, a th~t here~ft~r may b~ irnpo~ed, suffered, p~+ced, levied, or awaud ther~on, a th~t henah~r en~r b~ Iwi~d or aNSS~d upw~ thh 1VAort¢
a9e, a tiw ird~bt~dness s~wred hereby, ~ach ~nd every, wMn dw ~+d p~yabl~. +ocordinp to law, b~fah M~r becom~ d~l&~qwnt, and b~fo~~ any tnqna
atiaches w any penahy is hxwred; ANO INSOFAR AS ANY iHEREOF IS OF RKORD 7HE S/WlE SF~IAII 1{E PROMPTLY SATISf1E0 AND DISClIARGED OF
RE~ORD AND THE ORIGINAI OFfKiAI OOCWNENT (SUCH A5, fOR INSTANCE, THE TAl( RKEIPT OR THE SATISfACT10N PAPER OFftC1AlLY ENOORSE~
OR CERTIFIED) SMAII BE PIACED IN THE HANDS OF SAID MORTGACsEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the tvMM th~t any th~rpf is nol
pa~d, saY.sfied snd d~scharged sa:d MORTGAGEE may st any time pay tM s~ms or any part tl~eof without w~ivinp a sffectinp ~~ry option, lien, equity or
~~pht under or by vir~ue ot this morty~ and the lull amount of e~ch ar?d every wch p+yment shall b~ irtwnediately due and payabl~ and shall beir intenst
~ro~+ rhe da+e ~F.ereoj un~~l p~ d af rate of nine per ce~?twn per ~nnum and topetMr w'dh svth interdt shall b~ setwtd by tht li~n of th's morgtage.
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