HomeMy WebLinkAbout2690 THIS INOENTURE. Nb~ tli~ 17th ~y ~ S~~~Qr ~r,,,~ ~ A.p, 19~... bNvw~n
DQnnis O Bucklev snd Ros~~~: BuclclO~ ~his rit.
p( St. L17C~@ ~ Cpy~~y F~~, Mrt;naflM daipn+t~d u tM "MORTG/1GOR;' and fIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION Of fOR1 PIERGE. a cwpa~tion ory~niud aod ~:is~inp undK tM, l~ws of th~ Unit~d Suas of A+rnriu ~nd twvinp Na pri~cipal plaa of
bvsw~t N tM Gtp of FoA Pi~rc~ 51. luw County. Florid+. lw~irnhw dnfpnaNd u tFw "MORTGAGEE."
NfHEREAS tM JNORTGAGOR i~ ~qtly ind~bad W ih~ MORTGAGEE in tM swn of 4~ ~ooJ ~nd I~wfvl ma+~y of th~ Unit~d
Su~~s ~6vanc~d by tM MORTGAGEE umo ~M MORTGACst1°, +s ~vid~nc~d by ~ urt~u~ promiuo.y not~ of ~wn daa he~wvith, of which th~ followinp in
word~ and fpwe~ b a trw oopy, towN: ~
= 30 ~ 400 . 00 No
Fwt Pl~rc~. flwid+. -~@~iL~shssr 77 ~9~5,_
fa valvs nc~iwd, 1, vw or ~ithK of v~, promis~ to p~y, without d~f~lution, to ihe ordsr of FIRST FEDERAI SAViNGS AND LOAN ASSOCIATION Of
FORT PIERCE at fat Pi~ru, Fbrid~, tM wm of i~a 4~ a~ with int~rest (rom date at ths rat~ of p~? ~nnwn, in monthly tntlal4 ~
menn as foltows: f 2~•~ on tM 20t~1 d.y,f Nove~er 19~_ ~nd • IIb swn on tM cor~~~pondinp day of ~+ch n'wnth t1+K~- ~
aftK vnlil the whol~ b~ fvlly p~id.
E+ch irbtallment fust shall b~ applied in payment of th~ interat and tMn on tM unpa~d bal~nce of the prirx~p+l wm. If defavh is m~d~ ln th~
paYment of any iesullmtnt wMn dw, and tucl+ defwN conunw~ 30 days, then ~t the opYan of.lh~ holdK. ~nd wi~hout ~ey otMr notic~, dl tM r~rtNininp
inst~lim~nts shall b~ dw ud payabb at o~c~. Privil~ye is 9iven to prepaY this not~ in whob or in p~rt N ~r?y tims without p~natty. PhitF~e~ fw~btuana.
nor sa~pbnct by tht hold~r thK~of ~hN any d~fauh in anY paymer~ts herw~, sMll b~ d~emed extensio~. A Is» paymcnt cfiarp~ of ~s~ shdl b~
aJdad to e~ch featallmt~t r~ininp unpaid 7 days +ft~r ib dw daN, a~d • like wm tha~l bs added to each such ini~allment nmaininp uepaid 7 d~y~ afMr
each wccNdf^0 WYmMt dat~. ~
E~ch makK. wrely and endorser hereof, iantly and s~verally, waivea demand, pre~entment protest and notic~ uf proteit far rwnpaym~nt, ~nd fwtlw
sgrees to ~ny extensfon of ti of payment, eitlar befon w aNcr maturity, without notic~ to ~ny of us; and to pay dl cwb of collection, includinp ~
reason+bM ~ttornsy'• fK in tlr went of ~ny defavlt hereunder, ~ed M~eby severally w~ives e~l benefit of homeitead ud ~xemption under tM oonstitution
and laws of ~act Sate of tM Unit~d States, ss sp+i~st this obli~tion a any exrMSion or renewal hereof.
Wit~ess tM Iwnd aod seal of ~ach pa.ty. •
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. ^ ^ - • , ~ ~n'n s uc ey ~?U
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~ 45 . 60 ) Sta» RwMU~
(~ta~ ooil~ ss o~te~se~l
NOW. THEREFORE. ths MORTGAGOR ior the purpose of ~ccwi^0 P+Ym~nt of wid sum of S-~?'d~ . ~nd th~ Pvfa~m~no~ of th~
COWMI~b Y1d ~fNr11Mb I1lfllMffH expressed. ~nd for diven ~ood snd v~twbi~ consideratio~s, by the~ prnents, dws yrant, bar9~in, ~ell, r~mis~,
releas~ conwy and oonfirm unto ths MORTGAGEE, ils s~ccesfors and aasgnf. atl tMt urtain lot, piac~ or parul of land, sitwt~, IyMp, and beinp in tM
Cowdy d SL. LiiC i~p . u+d Stab of fbrid~, d~wib~d as ioilow~:
Lot 1~, Block 9, PARADISB PARK S~DIVISION, according to the plat thereot
on file in Plat Book 8, Page 17, public records of St. Lucie County, Florida,
By agreeaent of Mortgagoz and Mortgagee on file with
Mortgagee, the within aortgage secures not only an
existing indebtedness, but also ADVANCBS to be HBRS-
AP'?BR sade by Mortgagee to Mortgagor, the aggregate
of which will equal the principal aaount specified
in the proaissory note secured hereby.
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j a-!-p~ oF ~t...pR1DA ~ ORID~• ~„0~=21DA 1
_)7~..iJMENTARY~!~'~;STAMP IAX I STAMP in X I ~~TAMP 7AX ~
~ 1=. . ~1= RfYENUE ~F _ ~ ~ ~
E_.g~SE.~~~s~_~.~e~~ t 2.601 ~ 1 6.501 l 6.501 ~,~~"~o~~s
.
~ : - . 1 ~ t ~u~ m a+~wr~x ~a~ ~crs oF i9v~xn
~ woem wrt~ ~lll~f
, . . . , . . . . . . : . . . . . . . . . . . . . . . . . . . ~tERK qRet1R CWRT, ST. WCIE 00, FUl d
- topethN with dl and slrgular th~ ter~rwntf, her~ditamenb ud appurtaetes tlwreunfo b~lonpinp or in any+wis~ appat~inkg t1~erNO, and all nnM. bswr.
proce~dt snd pofin ~cuuirg and ro accrw from ssid pr~enis~s, al~ of whid+ an indvded in th~ abow and forpany d~wiption and h~b~ndum.
TO HAVE ANO TO HOID t!n abov~ desaib~d ~~d pru~ted premis~s vnto th~ said MORTGAGEE, its woces~ors and assipn~ for~vu. Md tM sdd
MORTGAGOR fw their exetvton, administnton and ~s~ro, hsr~by cov~nanb with tM said MORTGAGEE, its wonswrs and ~stiprM„
rMt ar~ tarvfuly seized of the said prrnisn in f« simpbs that tM s+rtw m fr~e, dw ~nd ~isdrry~d from ~II liar ~nd MaN~?
bruxes in law a in ~quity, and tM* theV will and thQ?it h~i~s shall wunM ~nd d~i~nd tM titl~ w th~ sam~ q th~ s~ld
N10RTGAGEE, ib s~ccessws and auipia, forsve~ a~airat th~ lawful d~ims and d~mands of all pawros
VROVIQED, ALWAYS tiwt H tlr MORTCsAGOR shall p~y ~nto the MORTGAGEE th~ promissory not~ herimbefon d~scrib~d snd sh~l) tevly, pomptly
•nd fuly p~rfwm. diuh~ry~. ~xecvn, ca^PIN~, con+Ply with and abidt by ~ach aod ~wry th~ stipulatiam. +prsem~ms, cond'diau ~nd aov~rw~ts of stid
~ ~ promiswry oot~ ~nd of tha Mortpape, tMn this Mort~+p~ and tl+~ Estat~ her~by aeat~d shall pafe snd M null ~+d void.
~ IT IS UNOERSTOOD tF~st ttK word "Mwtga~or' whether in tM sirgular w pluwl ~nywhe?t io this Matpap~, siNll bt sinpula if a+~ only and
~ ~11 M plwd ioG~~ly and sewrally H rtwr~ th~~ aw, u~d that th~ word "thsir" a used ~nywlwr~ in ths Monyap~ ~lull M taken to mwn "hi~„" °Mq,"
w'9n," wherwer the context w implies o? ~dmin. Also, that wherowr there is a r~fKax~ in the covenan» and pnarn~nn Mreie aomab~ed to ~eq of
~ ~ th~ puti~s MrNO, the sam~ sFyll b~.caatrued to mean ~s w~ll s~ th~ Min, kyd rpresentatiws, wa~ssors ud augm (~itl+u voluMary by ad d th~
puties p imroluntay by operation of tM law) of th~ s~me and tMt the covensots hKein com~iMd shall bind ud tM b~nefin and advamapu Mwxe
~ ro•th~ ~ap~etiw Fwirs. Ipsl npresent~tives, succeswn aod us~ns of tlw pa~ti~s hereto.
~ ~ Md said AAortpayors, fw tlw.~wlves and tMir Fiein. 1e9+~ ?~wssent~tiva, suoc~s~a~ ~nd assipm, her~by ioimly and ~evKdlj? cov~m ~nd apr~e
~ ro ad wi~h th~ wid MORTGAGEE, in suaauors ~nd auipro:
r~1 1. To p+y ~11 and sinpular th~ principal and interat ~+d the various and wndry wms of mawy paY+blt by virtu~ of said promissory not~, and tNs
' mortpspe. ~ach a~d wery, promptly on tM dap respettivtly tM ~ame stv~r~IFy beconr dw.
2. To pay all ~nd s6gubr th~ ta:es, usnsmen». Iwiws, liabiliti~s, obligatiau and encwnbnnces oF svsry n~ture and kk~d rww oe saW daaib~d '
~ prop~rry, a th~t hNeaNa may b~ ienpw~d, suff~nd. P~+ud. Iwied, a at~swd tl~~on, or tMt h~naHK may b~ bviwd a as~sa~d ~ipon thi~ Jwort~
pe, or t)w indtbt~dneu ~saxrd herebY. each and wKY, wh~n dw ad p~ysbl~, atco~d'aip to law, b~fort they b~com~ d~IMw~uant, and befort any inla~q
~ atf~ches a~ny peoalty i~ inwrreds AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL 6E PR011IIPTlY SATISFIE~ AND DISCFIARGEO OF
~ RKORD AND 7HE ORIGINAI OfFIC1Al OOCWMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR 7NE SA715fACT10N PAPER OfF1C1ALlV ENDORSED
OR CERTIFIE~) SHAII SE PIACED IN THE HANDS OF SAID MORTGACsEE WITHIN TEN ~AYS NEXT AFTER PAYMENTj and in tFw ~wm tMt aay Nw~of ts nol
paid, ast:sfied and dixharped ssEd MORTGAGEE may at any time pay the sarne a~mr p+rt thereof withovt waivinp w affectinp ~ny option, li~n, ~quity or
.ipht under a by vinw of this mortysye arwi tFw fvll amoum of exh ~nd every wch p+yment shall b~ immediattly dus and payabk s~d shall btat iMNat
~rom ihe date thereof until psid at nte of nine ptr tentum ptr a~num and to9ether with wch interdt sMll be secwed by the lien of th:s moryt~t.
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