HomeMy WebLinkAbout2770 v.a t ~ .~j~
THIS INDENTURE. Mad~ ~h~ llth _~y of AU(7LiSt ~ A.D. 19
7S- betw~en
_ F Sylvia titorse, sinczlp achllt
;
;
of • ~~C1f' County Flotida, Mr~tnahK dttignated ~s th~ "MORTGAGOR;' ae+d FIRST fE~ERAL SAVINGS AN1i tBAN
ASSOCIATION OF FORi PIERCE. ~ cwpaation orpu?ized and exiitinp undN tM lawa of tM United Stai~s of Amerita. and Mvinp fri prie~tip~l pUt~ d •
buu~s in Ilw City of For1 PiKC~. St. luci~ Cow+ty. Florida, F?N~inahe~ da?yn~fed ai tF» "MORTGAGEE."
21 600 00
WHEREAS 1M MORTGAGOR a jwtly indsbr~d to 1h~ MORTGAGEE in tM sum of S ~ • , yood u+d lawful money o( tM United
S~ates advanced by the NOR(GAGEE umo tM MORiGAGOR, as ev~denced by s certam prom~uay oott oi even da~e herewhh, of which i+N fuikmi~.O in +
words snd fiyures is a trw topY, towit: . ~
s 21~60n_00 ~ 13000115 ~
Fort Pierc~. Fbrida. AU~L1St 11 19_~
For vatue reteived, 1, we or eithe~ of vs, prom~se to pay, without def~lcation, to the order of FIRST fEDERAL SAVINGS ANO LOAN ASSOCIATION OF i
FORT PIERCE at Fwl Pierce, fbrida, the sum of : 21 ~ GOO.00 w;th inrereat from date at the rats of 8• 7 96 pe~ ~nnum, in monthly install-
:.,e~,~i as fol!ows: Z178.00 t~ 20thday of September , 19 75 ~nd a like swn on tM cwrespo~d~np day of each momh ther~-
airer until the whole be fully paid.
Each iostallmem first tF~aH ba applied in paymenl of ths interest ~nd then on the unpaid balance of the p~incipal sum. If default ts mad~ in th~
Fay~nent of any irutatlment when dw, and such defauit continues 30 days, then at the option of the holder, snd without any other notice, all the remai~inp
~nsrallmems shall be due and payabie af once. Privilepe i~ yive~~to p~epaY this note i~ whole or i~ put at aoy tirta wifhoW penalty. Nsither iorebtaranc~,
nor accept~nce by the hoFder thereof aftcv any default in any payments hereon, shall be deemed exte+~sion. A Iste p+yment ch~rge of : 8• 9O sMll b~
added ~o each instalfine~t remainirg u~ptid 7 days aftet its due dare, and • like sum ihall be adde<! to e+ch such instaltment ~emaininp unp+id 7 days ~fier
each succeeding p~ymenf date.
Exh maker, svrety and e~do?ser hereof, jointly and severally, waives dcmand, presentment protest and notite of protes~ for noopeyrtxnt, snd funlxr i
agrees to any exteniron of time of payment, either betore o~ afte~ maturity, withou~_ notice to a~y of us; and to pay all costs of collection, includ~rq ~ ~
rzasonable attwney's fee in the evcm of any defautt hereunder, and hereby severally waives all benefit of homeste+d and eaemption under th~ constitution
a~~d laws of each State of the United Stares, ai against this obligation w any exte~sion w renewal he~eof. ,
Witness the Mnd ~nd seal oi each party. • 7 du 1 t
d,~,~cG S/ E. Svlvia Morse~ sinale ~U
~p,
~ IN ~~1ff OF'Ul(E5 ts~?U
0!E OM ClAB~ ~C' INTANGfN.E ?E490.'Ml ~pERiY, (SEnq
NN~MIfi ln dfAP 7t.~a~. ~S OF 1 R~?U
- - - - - - - - - - f- ~rste Rerenee- ~btA i'OIT+~lIS ~L Y1'lt
ts»~?p. <.Meu.a-ow-o.:~.~1. wote) CL~1~I pAOWf IbYRt, si. 21 600. 00
NOW, tHEREFORE, the MORTGAGOR for the p~rpose of sea?ri~
~
en~ ta um of S ! and the perforrtwnce of tM
covenann ~nd apreements hereinafter exptcssed, a~d fw divers pood ~nd v~tvabl~ considerations, by theu presants, does yrant, baryain, sell, remise,
r~tease, convey and confirm unto the MORTGAGEE, its succeuors. ~nd ~uigns, sll that cert~in bt, piece or putel of land, sitvat~, (yinp, and beirg in fht
County of St. I~1Cle ~nd State oi fbr~da, dasulb~d as follows: [
' conciominium parcel designated as Apartment No. E, I3uil~ing r'o. 912 of
''JG~=pOINT OF FORT PIEP.CE CO~'VDOPiINI[pN SECTION I, a condominium according to the
"~claration thereof, c'ate~ August 1, 1974, and recorc~ed in O. P. Book 230 at
~~c~e 2201, inclusive, of the public recorc~s of St. Lucie County, Floricia, together t
. _ ' .,.s.~sr L „ .~zR ~ • ~ ~n ~ tit~n of ~
•.i i.ii f.ii v~ L~~~c ~iE~(,2iZ~~~t.si~~.ra ~`i.iaCii'ctv~ atl u~~vi~.~a~~ ~a~ ~JUli~ LC~.Ii~Ffi ~
C o n clom in ium .
~t?BJECT to all of the orovisions of the Delcaration of Condominium and Exhibits
thereto, and any ancl all restrictions, reservations, easements, licenses and
i~c luc'ing a lea se recordec~ in O. R. Book 226 a t page 558 of the oublic recv ~ cis
of St.~~,Lucie County, Florida, svhich the Mortgagor assumes and agreoa to perform
~~nc' ~bide by.
II ~~reement of tilort~ac~or and ~tortgagee on file ~vith f~tortgac~ee, the within mort- ;
~ ~?c~e secures not only an existing indebtedness, but also AD`.AI~CES to be HEREAFTFR ~
; n~~'e by Mortgagee to 4[ortgagor, the aggregate of which will Fqual the ~rincipal
~ ~mount specified in the nromissory note securec~ hereby.
~'ni~ is a corrective mortgage designecl to correct an erroneous Iegal description
~onParinc~ in that certain ~mortgage of even date herewith recordec~ in O. P.. Book 2~3,
~ -,~~e C~92, of the public rc~cords of St. Lucie County, Florida anc? u~on which intang- }
ihle tax class "C" Personal Property tax has already been ~aid. ?
t«~ether w~th all and singulu ~F~e teneme~ts, herediuments and sppurtances tl+~reumo belonyirg or in anywise ~pp~rtaininp thereto, and +U r~nts, iuws,
a~eceed~ and profits attruiny and to acuue from ssid premises, ail of which are included in the above sod for~poinp d~scription and h~bendwn.
TO HAVE AND TO HOID the +bove described snd granted p?emises unto the said MORTGAGEE, iri svastsors and suiyns forevw. Md th~ wid
~ '.10RTGAGOR fa 'i`=i hein, executas, administntors and auigm, her~by coven~nb with fh~ said lM6R1('sAc'sEE, its avtuston and asigm,
~ +har --~hp ; c - law(ully seized of the ssid premises in iee simpte: that the wne ars free, cku and dischu~ed fram all liap and ~ncun~
~ brance~ in law w in equity. snd that She will and her heirs sh~ll wurant and defend ths title fo N~e saeM to th~ s~ld ~
!.10RTGAGEE, its successors and aui~ns, fwever ag+inst the law(ul clsirns and demands of all personst ;
t
PROVIDED, AIWAYS fMr if ~he JNORTGAGOR shall pay unro ~i+e MORTGAGEE the promisswy not~ I+K~ir~efw~ desuibed and sh~ll 1n,ly, prompth i
~ a~d fully perform, dixharge, exec~te, complete, comply with snd sbide by esch and every tht ~tipulations, a~reemenri, tonditaro and oov~nu~b of ~+id
= C~OTiffWy note snd of this Mortgsye, then this Mong~ge and the Estste hcreby aeatcd shall ce~s~ and b~ null and void. ;
~ Ii 15 UNDERSTOOD that the wad "Mwtga~w" whether in the sirquta? w plw~l ~nywMn in this Mortya~s, shall be sinp~lar if on~ a~ly and ~~j'Q f
s shall be plural 'pintly ~nd teveralty if more tha~ one. +nd that the word "thei~" aa used u+ywhen in tha Mortpspe shall b~ taken to mean "hb," "hen:' {
o~ "irs;' wherever the context so implies w sdmits. Atso, that wherever there is • reference in tM covenann and ~eem~ms Mrein ooMaM+sd to any of ~ ~
~ }he psrties hereto, the same shall be constrved to mean as well ~s the heirs, ley~l rep~esentatives, wa~stws and assi~ro (either volu~tary by act of tF~
nn.~~ea or involuntary by operation of the law) of the s~me a~d that the covenanri herein containsd sh~ll bind and ths btnefits ud adv~nt~p~s frwre
~ ro ihe respective hein, Ie9aI representatives, successas ~nd ass~yea of the parties hereto. ~
~ And said Mwtgagors, for themselves snd their heirs, leysl representatives, s~cceasors and assipra, hereby joi~tly and stvatally coven~nt and ayr~e e
to and with the said MORTGAGEE, i~s wccessors and auigns: j`
n
1. To pay all and sirgulu tM principal and inte~est snd the v~rian and sandry sums of mwwy psYabb by virtw of said promissory not~, and thb ~
~ morrgape, esch snd every, prompNy on the days respeaively the same sewra0y become dus.
~ 2. To p~y ~11 and singulu the taxes, assessmenn, levies, liabilities, oblipatiom and e~awebr~ncei of w~ry n~tw~ and kind now on said dnuib~d ~
properry. a that M.e~fie~ m~y b~ imposed, wffered, pl~ced, levi~d, w as~essed thsreon, or that here~fta m~y b~ levi~d a~ases~d epa~ Nd~ Morq~ ~
~ age, a the lndebtedneu secured iroreby, each and wery. wher? due and p~y~bb. sccordirg a law, befw~ they b~com~ delinqveM, and befon ~+y iMa~q
a~taches or ae~r penaMy is incurred; ANO INSOFAR AS ANY THEREOF IS OF RECORO TME SAME SHAII 6E PROJNPTLY SAtISf1ED AND DISCHARGED OF
RECORD AND THE ORIGINAI OFFICIAL OOCUMfNT (SUCH AS, FOR INS~ANCE, THE TAX RECEIP7 OR THE SATISfACTION PAPER OffIC1ALLY ENDORSEG
OR CERTIFIED) SHAtI BE PLACED IN THE HANDS OF SAI~ AAORTGAGEE W11HIN TEN OAYS NEXT AFTER PAYMENT; a~d in ti+~ erent tMt ~ny thertof is not ~
pa~d, sat'sfied and discharged ss:d MORTGAGEE may st any time pay 1he same or any p~rt fhereof without w~ivirg o~ affectirg any option, lan, puity or
•~qht under or by v~rtue of this mortyaQe and the full amwnt of each and wery such p~yme~t shall be im~nediately due ~nd p~yabk ~nd shall bear inferest
~roT +Fe da~e tFereof unt~l pa d a+ rate of nine pe? centum per ~nnum snd royefher with s~th interesf fhall be secvred by fhe lien of th:s morgtage.
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