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HomeMy WebLinkAbout2682 THIS INDENTURE. IWd~ tFi~ ~ Oth d,y ,f Se tembsr ~q.~.,s, b.n~?.«~ I ~ t ~ i Laurel E. I~ladden and Nancy A. Madden, hia ~iPe i of st. Lucie f,,.w., I+~~qyRM dtsiyn~ted u tM "MORTGAGOR," ~nd FlRST FEDERAI SAVINGS AND IOAN I?SSOCUITION OF FOR1 PIERCE, • ao?pa~tan orpanir~d and ~xisttnp wdK tM lawa d th~ Unit~d SaeN of Amuka and havin0 iq principal pl~a of ~ bu~t~ww in tM City of Fat PiKw St. led~ County. flaida. lwnin~hw da~pnaNd a th~ "AAOR7GI?GEE: • WHEREAS th~ MORTGAGOR b~+atly ind~bt~d to th~ MOitT311GEE in 1M sum of ~ 20• 00~• pood and Iwvful nwn~y of tM Un~t~d j S~ath adva~c~d by tM MORiGAGEE u~ro tM MORTGAGOR, as ~vid~nced by a oHtain promiuay not~ of av~n date I~swith, of which th~ tollowiep fn ; word~ and (ipwa b~ nw coPY. 1o-wi1: ' : 2~~~~0.~0 No..__~,8~021 ~`t7 ~ P~. 3eptember ? ~9~ Fw valw nctiwd. 1. vw w Nthn of us, promis~ ro p~y, without d~f~icatio~, to 1M order of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fpt Pi~rq, Florida, tM wm of ~s.s[>QQQ~.~- w~~h i~?.•~.Ces~ f~om dar• a~ rh. ~.ro ot ~Q~6 per •~r~wn, in nar?rNY 1ns~a11- msnq a follows: _ ~ 80~ 00 on tM 2~~ d~y of ~Q t0~9r 19_i.Z uid ~ lilc~ sum a+ tM oar~spond'up day of ~ad~ month tl+Kr •fte? ~nti~ tF» wlwle b~ fvlly p~id. E+ch imtallment fust il+all b~ applied in paYmsM of th~ int~rest and iMn on tM unpaid b~lsnce of tFa W+nupal wm. If defauh is m~ in th~ payment Of any imt~llm~nt whM dw. and wch def~uh continw~ 30 d~ya, then +t tM option of tM ho1dK. and without ~ny other notic~. all th~ r~maininp initallmtnts sh~ll be du~ and payabk at onts. Privilp~ b yiv~n to pr~p~y thif not~ in whob w in part ~t any tims without penaNy. Ne+ther tor~b~srana, nw acc~ptano~ by th~ holder thKeof ~fte~ sny defauit in ~ny p~ymenq hereo~, sMll M deemed exrension. A I~te payrinent char~ of 9• 00 , sM11 M added ro exh inst~lima?t re~uiniep u~W 7 d~ys ~hsr its dw dat~. u~d a lik~ wm sMll b~ added to each wch inst~{Imant r~mainirg unp+id 7 d+ys aHK esth s~toe~din0 MY~^t d~t~. Each makN. wrety ~nd e~dorser Mreof. jointlY . u~d severdly, waiws d~mand, pr~se~tm~nt protest ~nd notia of prot~st fw nonpaYm~M, u~d fwtba a9rees to ~ny exteniion of tim~ of payment, eitMr b~for~ a afta matwity, without notiu to ~ny of us; and to pay all tosts of collection, includinp s reasonable ~ttorney i fee in th~ wMt of i~y deiwlt Iwrw~der, and he~eby ~everally waives ~II beneflit of homestead and exemplion u~der 1M conttitution ~ and laws of each St~te of tM U~ited States, as p~irat lhis obligatan p iny ~xt~nijon or rsn~wal hereof. i Witn~as th~ Mnd ard ~ssl of tath party. t r - ' n - • . . . _s~.gMl~A~~ -:T~-]~cl~ d11 (SE/?U (SEAU ~sf AA,~,~. 1~laddan cs~w csE~w ( $ 30 ~ 00 ) Stat~ Rwenw _ - (S~sn~p~~tld e~ratQinf aay"' NOW. THEREFORE, the MORTGAGOR for tM purpou of ~ecwi^0 P+Ymem of aid sum of = 2~ ~~fl,Q,~~Q-. ~nd tM psrform~nce of Mr cov.n.nn and aprNm.n».her•inafr.r expres~ed, ~nd fa ~ven 9ood N+d vsluabl~ considNatans, by th~s~ praants, does qru~t, b+~yain, s~ll, r~mifs, release, conv~y and confum unto tM MORiGAGEE, its svccwors and +ssipns, all tMt aat~in b1, pi~a or p~rcel of I~nd, sitwt~, lyin~, ~nd b~iny In th~ Couety of Sti~ ~1'1Qi6 , and Stm of Florida, de~v~»d a folbws: ; i Lot 11, Bloak 2, FLBE'I'WOOD ACRES, as per plat thereof on file in Plat ~ Book 10, Pege ?8, Public Becords oP St. Lucie County, Floride, - By agreem~ent of Mortgagor ead Mortgagee on file ~tith Mortgagee, the ~ithin mortgage aecures not only an eaf.sting indebtednesa, but also ADVA~CE3 to be HS~RTs- AFT~ made by Mortgagee to I~brtgagor, the eggregate of Hhich ~ill equel the principal am~ouat apecified in the promissos~ note secured hereby. ' , - ~ . . ' ~ _ STATE o~ F~aRtDA 1 ~ ~y ~ DOCUMENTARY STAry~p j UEPT. bF REYff1UE~;° ~ ."`~----------A ~ j k v = p~ ~ SE~Ii'TS i . ~ ~ E . o =11182 ~ r' 3 a ~ 0 ~ O.~O ~ 4`,...~~ ~ ~~~Y~Q ~ ~ ou~ o~ a~ r~~ ~ ~ ~~ca °F ~n~~c ~ ct~t a~eurr ooi~r, sr. wc~ ao, ~ V ~ 0.na ub. N~s t.n.m.~ ~,~..ai?.n,.nb .nd .nc.. the..~nto b~la~p;ny ar in anpwi~. .pp~.r.u~N~p Nwr.+~. .ea .8 nn+s, hw~. _ toy~tha~ with a sinp ts. ~PP~+r~ ~ proc~eds and pofin aar~irg and ro aocrw from uid premites. ~II of whk}~ are inckrd~d in the ~bow ~nd fonpoinp d~wiption +~+d Mb~ndwm TO HAVE ~hA HOLD t!K ~bov~ described and yranted premises unto th~ wid MORTGAGEE, ifs woassws ~rd ~sipns forrva. And th~ ~aW MORTGTi~[l8 AP6 1 Min. ~xecvtors, adminisnaton and ~ssipns, h~reby cownann with the said MORTGAGEE, i» woussors and psipn~, fhst lavrfully seized of tlw s~id pranises in fN , th~t tM WeM an h~s, dw and diulur~d han ~II tiun and ~ ~ ' ~ brances in law w ia pvity, and tFw* t'hey will and t~•r hsirs sh.ll w~rrant a+d d~f~nd tl» tirb a tM san~ to th~ a~W MORTGAGEE, its aviceessors snd assipro, f«~v~ ~paimt tM lawhil elaims and daenands af ~II pKSans PROVIDE~. ALWAYS that if ths MORTGAGOR shsll p~y wao 1M MORTGAGEE tM promis~on? rott her~inb~fon d~urib~d ~nd ~11 twlp, p~omptly ~ and fully ~+ot• uid~.of~ihb ~Mat ~ tMn This Mort and, tFN~Est~ite her~by Nted sh~~ ~ctat~ and b~~rwl~void. iotr and tov~nb of s~id P ~~Y . 4+~• 9+D~ ~ IT IS UNDERSTOOD that th~ word "Mortyspor" whetMr in thc iugubr or plunl ~nywha~ In this Maty+qe. ~hall b~ shgular if on~ only ~nd ~ shsll be plutal joi~+tly ~nd ~evKally if mon tFwn on~, and tMt tM word "tl+~ir" as sn~d ~nywher~ in tha Mat~ay~ ah+ll be abn to m~an "i~is." "Inrs," ~ °O = w"its." whsreva the conteut w implin or admits. Ai~o, tl»t wherevar th~re is-a nferena~ in rh. co+r.nann and ~pr.e~n~nn h.r•in oontatmd ro any of rh~ puti~s I~ueto, the same sh~ll b~ cautrued to me~n ~s Mnll u tl+~ h~'us. Myal npresent~tives. ~uaeswn arw! sssipro (~itFwr volum~ry by ad of th~ " parties or involunt~ry by operaYan of tFn law) of the sane and thst rh. coven~n hereu+ cor~utn.d sh.ll bir~d and rhe b.o.fin .nd adv.nr.p.s irwr. ro tM rssp~ctiw Mirs, bpal r~presentativea, waesson and assjym of ths p~rties her~to. ~"i Md uid Mortyapws, fw tl+ams~hns ~nd their h~NS. Ip+t r~pre~snt~tiws, suc,usaors M+d assipns, her~by jantl~r and wv~nliy oavan~nt ~nd aprw Gi ro and with tM wid MORTGAGEE, its suaesson and assipnr - 1. To pay all and sirgvla the p?incipd and interest and the various and s~ndry wms of moner payabl~ by virtue of said promawry nob, and 1Ns ~ _ morlppe. ~~ch ~nd ewry. W~^P~~Y on the. dari ?~sPKtive~Y th~ iam~ s~wrally bacant due. 4. To p~y all uid sirgular tM tax~s, aaessma+n. Iwies, liabiliti~s, oblipatioro ~nd ~ncwnbr~nus of ~vsry ertvr~ ~nd kn+d now on uid daaib~d r~ proprty, a that Mreafnr m~y b~ impoad, wffa~d. P~+oed, kvied, a ~wesf~d tha~on, a Nut Mnaftar m~y b~ Iwi~d a aswss~d vpa~ this Mor1~ ~ a tM Ir~bt~deKa secvnd hereby each ~nd wery, wFwn dw and p~y~We. +aordinp b law, brfon thhr b~come delinquem, N+d b~fw~ ~ny M~e~nst attaches a u+y penalty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII 6E PROMPTIY SATISPIE~ AND DISCIIARGE~ OF ~ RKORD AMD TNE ORIGINAI OFFIGIAI DOCUMEM (SIKH AS, fOR INSTANCE, ?HE TAX RKEIPt OR THE SAi15fAC?ION PAPER OFfIC1AlLV ENOORSED OR CERTIFIED) SNALL 6E Pl/1CED IN ?HE HANOS OF SI!!L~ !410RTGAGEE WITHIN TEN DAYS NEXT /IfTER PAYMENTj ~nd in th~ ~vent that any tMteof is not paid, s~t:sfied and dixhx9ed sa:d NWRTGAGEE may at sny time pay the iame w any p~rt thereof witho~t w+ivinp a affectinp a~ry? option, li~n, pirity a ~iqht v+dK or by v'Ntue of this mwtya9e and the f~l! arno~nt of each and every iuch p~yment shall be immedistely d~re and payabls u~d sh+ll b~ar int~rat ~rom the date thereof until psid at rate of ni~e pe~ centwn per a~twm ~~d toyether with s~th intere~t shall be setured by the lien of th:~ mwytapa ~ ~ ~ _ ~ ~ - - - s _