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HomeMy WebLinkAbout0187 _ . . . z ' 31'~5~~'~ . THIS INOENTURE, Mad~ the 1~h day of SeDteobeY A.D. 19 75 bNw~ee~ • Wilson Haze~lief ~n_d Lela Nazelt~~i.i~~tyfa ~ ' St Lucie ' ' of • ~ounly Flwidi, henin~hN d~ign+ited at Ihe "MORTGAGO~t;' and FIRST iEOERA~ SAVINGS ANO IOAN j ASSOCIATION OF FORT PIERCE, • cwpw~t~on w~~+ized ~nd exisiirq u~dK IM laws of tFr Un~~ed Su~~i of Americ~ •~d haviry in principat pl•c• ot y busintu in tM Ciry of Fort Piwc~. St. luci~ County. florid~, htr~inahK d~Npnated u ~i» "AAOR7GAuEE:' WHEREAS Ihe MORIGAGOR is ivstly indebttd to tha 1Y10RTGAGEE in the sum of : 12 0O good +nd ~+wfu~ money of the United States +dv~nced by tM MORiGAGEE ~nto the MORTGAGOR, as evidenced by a certa~n promiuory note of even date herewi~h, of wAich the followinp in wads ~~d figuret is s true copY. to~wit: . ~ I 2, OQO. 00 ~ 1(~2159 5 ~ ~ P~Ce, F~~, September 19th 1975 Por wlue ~eceived, 1, we w either of us, prom~se to pay, without defelcatwn, ro ~he order of FIRST ffDERAI SAVII~iGS AND. IOAN ASSOCIA?ION OF • FORT PIERtE at Fwt Pie~ce, Florids, the ium of = 12•~0•~~ with interest from date at the rate of 9•~,°'o per annum, wi monthly ~ns1+IL , ment~ as follows: i 122.~0 on the 2~th doy of Oetober ~9 75 and s lika sum an the correspondinp day of ~sch monih ther~- after until the whole be fully paid. E+ch installmant lirst thall be applied in paymcnt of the i~terest and then on the unpaid balance of the prindpal sum. If dcfauh is msde in fM payment of ~ny insbl!ment when due, and such default continues 30 days, then at the op+ion of the holder. and without any other notice, all tF+s remainin~ installments ~hall be due and payable at once. Priviteys ls given fo prep~y this ~ote in wFale w in part at any time without penalty. NeitFK~ forebesrance, nor ~ccepbnce by the holder thereof after any defa~lt in any payments he~eon, shall be deema! extension. A late paymeM charge of s 6• 1 ~ shsl) be added to each installment remaining unp~id 7 daya afttr iri dve date, and a like sum shall be added to each such installment remaining unpaid 7 days aher each sutceeding payment dste. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and no~ite of protesl fo~ ~onpayme~t, ~~d fu?t!~ ~ agrees to eny extension of time of payment, eithet before a s(te~ matu~ity, witiwut not~ce to any of us; and to pay all costs ot collection, irxlvdinp a ~eaionabk attwney's fee in the event of any defauh herew+de~, and he~eby severelly waives all benefit of homestead a~d exemption under the constifWion and iaws of each Sute of the Uniled State~, a~ againsl this obligation a a~y exteosion p renewsl hereof. ~tness the hand and seal of each parry. s/Wilson Nazellief ~ • , ~ _ s/Lela Hazellief ~p ; cs~?U ' ( , ~ 18 • 00 t $tat~ Revenue = (St~w~•w~al1~ wri~iw.l TMI~ NOW, 7HEREFORE, the MORTGAGOR fw the purpose of securing p~ym~nt of ~aid svm of = 12 ~ , ar?d the pafamance of tM covenants and jegreements hereinafter expressed, and fo~ divera good and vslu~bte tons~derations, by these presenti, does gra~t, bargain, ull, remise, ' release, convey and confi~m unto ths MORTGAGEE, its svccessors and ~uigns, sll that certai~ bt, piete or parcel of land, tituate, lying, and being in tM ' C~~y $t. ~ T.I1Cle and Stata of Fbrida, desvibed as follows: Begin at the Northwest corner of the SW'~ of the SB~ of the Sr~ of Secri on 19, i Township 35 South, Range 40 Bast, and r~ thence Bast on North line of said ~ SW'~ of Sfi4 of SW'~ a distance of 150 feet, thence run South 100 feet, thence , run West 150 feet, thence run North 100 feet to the point of beginning, - situated and being in St.. Lucie County, Rlorida,~ . By agreement of Mortgagor and Mortgagee on file with Mortgagee, the aithin aortgage secures not only an existing indebtedness, but also ADVANCBS to be HSRB- AFT6R nade by Mortgagee to Mortgagor, the aggYegate of rrhich will equal the principal aaount specified in the proaissory,.note secuYed hereby. i+. ~4 IN MYR1Ei~ ~f TAXEs N N~~ AT' E o F F L G R l J~. ~ ~ ~s~o~?~, ~~2 DOCUMENiARY STIa M P ? t~ ~ trlt!?PIe1P.l.E c ~ 7E?I. `J~ HEYEYIlf t~ '~~a:~.` - ~ ~~~a~ iER n-t~? ~ 19/1• _ ~ o _ ~ 1 8. 0 0 ~ Pu~~~..-• ~ a'"P ~o~,s ~ v= - sEP24•~s~,= ~ ~ u~„_I~NE._ 00~. n~ B• ^ ~ p~ ~ ~ o ~~~v~ - ~L~..;,c~ a ~ ~ toysther with all and singvlar the tene~nenri, hereditamcnts and appurtances thawnto bebnying or in anywise appertainirg thettb, ~nd all rent~, issw~, ~ proceeds and profin scvuing and to ~ccrw from s~id premises, all of which are included in the abore ~nd fwe9oirg descriptan ~nd habu~dum. ~ TO HAVE AND TO HO~.D the above desu~bed and yranted premises unto tM said AhORTGAGEE, its s~cceuors ~nd ~uiyro forever. Md th~ said ~ their MOR~GAGOR fw heirs, executws, admi~:strators and auigni, hereby covenanb with tF~e said MORTGAGEE, its successon u~d a~siprr, f thQy are lawfully seized of the said pemises in fee simpte; that th~ s+me are frae, ckar and dixhuped from ~II liens and ~ncun? ~ brurces in law or in eqvity, aod that thev will and their ~ t,e;., ,~,.n warrant and defend the title ro tM sam~ to tM s+W : MORTGAGEE, iti successon and auigns, faever against the lawful claimi and demands of all perso~s; i _ PROVIDED, ALWAYS th~t if the MORTGAGOR shall p~y unto tl+e MORTGAGEE tFro promiuwy note hereinbefore dacribed and ~h+ll tn?ly, promptly 3 and fully perfum, d~schsrye, execute, compkte, comply with ~nd abide by esch snd every the stipulatio~a, agreemenn, conditiau and tov~nb of asid ~ promissory rote ~nd of this Mortgage, then this Morty+ye snd the Est~te haeby veated sh+ll cease srd be null ~nd void. ; IT IS UNDERSTOOD tMt the word °Mwt9sgor' whethtr i~ the singula~ or plural ~nywhere in this Mortpsqe, sh~l) be iugulu if on~ only ~nd } shall bt plur~l jointly ~nd severally if more than one, and that the wad "their" ss used anywhere in this Mwtyape shall be taken to m~~n •'his,•• •'Fna," ~o } or "its," wheraver the context w implies or admits. Also, thsf wherever ther~ is s referance in the coven~nn and sgreements l~erein caMSimd fo any of o the p~rY~ here% the same shall be construed to mean as well as the hein, legal rsprese~?tatives, successas and suigro (either vofuntary br sct of the ?°c~ i parties w involunt~ry by operation ol the law) of the same snd that the covenants herein contained ahsll bind and ~ha bcnefin •nd sdvanrapsa i~wr• ~ i to the respective Min, (egal rcpreseM~tives, :uccessors and su~gr?s of the parties hereto. ~ J ' :v: ':.c.i so :'w '_ry t~c~ ~ ~ ~ ' 1~.~ ..~1.. ..._i ~....allv ...v M ati1 Mrr ~1 9 iv~u sGiu :y~y'v.i. . . 'cj/~ .sj.::~...~...~ , ~ • • - _ - - A~ d ro and with tha ui$ MORTGAGEE, in successors a~d +ssigro: ~ . _ ~ . . . - - ~ v 1. To pay al~ ~nd singul~r the princi~al a~d imsrest ~nd the v~rioua snd sundry wms of money pay~ble by virtw of said promi~sory not~, and tt~n ~ mortyape, each and every, promptly on the d~ys respettively the same ssv~raUy becomt due. ~ 2 To p~y all and sinpvla the tsxes, aiussmenn, Iwies, liabilities, obliystions and sncumbae~ces af every n+tws and kind now on s+id d~wibd propNty, a that here~fter reNy b~ imposed, suffered, pl~ced. {evied, w aueu~d tl~e~son, w 1FWt hereafter may bs kvied w u~esitd upo~ this Morq- ~"'a pt, a tF» ind~btedness secured hereby, escfi and ~very, wh~n dve and psy~ble, accordinp to law, beiwe they becoms delinquent, ad btfor~ arty IMa~st attacF~ or i~ly PlMlty if irxurred; AN~ INSOFAR AS ANY THEREOF IS Of RKORD iHE SAME SHAII SE PRONIPTLY SATISFIED AND DISCHARGED Of ~ RKORD AND THE ORIGINAL OfFICIAI nOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RECE~PT OR THE SATISFACTION PAPER OFfIC1AlLY ENOORSFD OR CERTIFIED) SHAII BE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; u~d in th~ eveM that ~ny thMeof is not ; peid, sat'sfied snd discharged sa:d MORTGAGEE may at a~y time pay the same w+ny part the~eof without wsivi~g w affecting sny option, liee~, ~quity a i •~qht under or by virtue of this mortgsye and the full amou~t of each ard every such psyment shall be immediately due ~nd p~yabk and shall bear i~ferest { ~.om the d~te thersof until pa~d at rate of ~~ne per centum per an~~m and togethcr w~th such interest shall be secured by ~he lien of th's morytay~. ~ ~ " . _