HomeMy WebLinkAbout0987 ~
~ 318085 ~ ~ -
THIS INDENTURE. IK~d~ t~ 29th d~y ~ Septesber ~p. 19_ 95 ~M,N„
Ivorv Moore and Wilester Moore~ ~~is wife
pf _ St • LZICi~ Cpunfy Fbridi, Iwr~in~ffN d~sipn+ted ~s 1M "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN
ASSOCIA?ION Of fORT PIERCE. a oapor~~ion wpanFud and ~xistinp u~d~r tM I~wa of IM Unjted Sut~s of America ~nd h~vinp ita principal plaa of
busirww In tM Gry of Fort Pi~ra, St. luci~ Co~nty, Flaid~, hutb+~h~r d~slpnat~d ~s tM °NWRTGAGEE."
WHEREAS 1M MORTGAGOR is iustiy ind~btad b the MORTGAGEE in 1M wm of j 37 +6~• ~ ,~ood +nd I~wf~l money of tM United '
Stat~s ~dvanced by tlw MORTGAGEE ~nro tM MORTGAGOR, as evidtncsd by • certain promiuory no~e of ewn date ha~~w~th, of wF?ich ths followinp in i
words ~nd fgw~s b a trw copy, towit:
= 37 ~600.00 10021616
Fat Pierc~. Fi«~. ~pteaber 29 19~_
fa valve nceived, I, ws w cither of us, promise to pay, without def~lution, to ths ader of FIRST fEDERAI SAVINGrS~ AND IOAN ASSOCIA710N Of
iORT PIERCE at Fpf Piap, Florida, ths s~m of ~ 37 ~ 6~• ~ with intereat from date ~t the rate of 8• 7'76 per ar?num, in mo~thly intt~ll-
. ments as follows: ~ 333•QO ~ t~ ZOtZI ~y of Ja?nuarv , 19 76 and a like ium on the cornsp«dinp day of each month tF+ere-
afttr ~ntil the whole be fvlly p~id.
Esch installment fint tl+all ba appl'~ed in payment of th~ interest and then on the unpaid batance of the prinupal sum. If deiavh is m+d~ tn tM
payma?t of any irotallment wha+ due, and such defauh conlie+ves 30 days, then at the opYan of th~ holder, and without +ny other notice, all tM rem+ininp
iroqllme~ts shall be due and payable at once. Privile~ k yiven to pr~pay this rate in wholt w in part at a~y time without penalty. NeitMt forebearuxe,
nor acceptsnce by the holder thaeof after any dafauh tn anY paYmenh hereon, shsll be deemed extensiw~. A ~~te payment cMrge o( f 16.b5sha11 b~
added to each inffs~lmenf remaininp unp~id 7 days ~fh~ ib dw dste, snd a tike sum shall be added to each such installment remaininp unp~id 7 d~ys afM+ •
t~th :txttedieg p~Ym~nt data
Each m~ker, iunty and endoraer hereof, joinHy and uvcrally, waives demand, presen?ment protest and ~otiu of prwest for rwnpavme++t, and tv~tMr
apr~es to any extension of tim~ of payment, either befw~ w after maturity, without notke to any of us; and to p+y all costs of collection, includ+'~p a
reasonabb attw~ey i fee in tM event of any default hercunder, and Mreby severally waives all benefit of homeste~d and exemptio~ under tFa constitutlon
and laws of each State of the United States, u ayainst this obliy~tan or any eztension oi renewsl hereof. -
~tness the hand and. seal of each party. F! :
livor~r trttooie ~wu
. . ~ ,
. .
s/Wilester Moore ~
c. S` SG . 40 ) Stat~ awenw ' ~U
(Su~npr-a++allea viraNqlnsl Ta~!
NOW, THEREFORE, the MORTGAGOR fw tM purpoie of s~cvri~p p~yment of said sum of S 37, 600. ~ , e~ ~ per{a~r~ o{ ~
covManb u~d apreemenb hertin~Aer ~xpressed, and fw divers 9ood and wlwbl~ oonsider~tio~a„ by theH pr~senn. dws prant, baryain, ~ell, remise,
releas~ convey and confirm vnto ths MORTGAGEE, itt s~casson ~nd usipns, all that aeruio 101, pieu or patoel of land, situab, lyi~p, and beirg" in fh~
~h ~ St . Lucie ~~~n of Florida, d~suibed ~s fdlows:
The West 15 feet of I.ot 2, all of Lot 3, Block 22, PARADISS PARK SUBDIVISZON,
according to the plat thereof zecorded in Plat Book 8, page 17, of the Public
Records of St. Lucie County, Florida. ~
~ STATE aF ~LORtDA ~
oZ ~ DOCUMENTARY~r: STAMP TA ~ ~
~ D~PT. OF RFYENUE ~ ~ ~ ~
N - ~
= P.B. = OCT-l'15~ y. 5 B. 4 O~ t
= t11o2 . i
By agreement of Mortgagor and MoYtgagee on file with
, Mortgagee, the within aortgage secures not only an
existing indebtedness, but also ADVANCBS to be HBRB- ~
AFTBR aade by Mortgagee to Mortgagor, the aggregate
of which will equal the principal amount specified
in the pro~issory note secured hereby.
' i Y°
. S ' MYMDit OF tAX~
~~,~i'C M~IMpMRF f'E~~ ~ 19~~~r• u ,
~ ~~wr To enN'~ n''~'
a~ ~ °e~- ~Q'
togetMr witl~ ~II snd singulu tM tenamenn, herediumenn and ~ppwtsnces tlKreunro b~laginp w in ~nywis~ appertaininp tFKt~to, u+d all ru~~ts, issws,
procKds and profits accruinp and to scvue from said premises. ~II of whid+ ~re induJed in tM abov~ and for~poinp dacription and h~b~ndwrw
TO HAVE AND O 1iOlD the abov~ described ~nd ~rsnted premises unto tl+s s~id MORTGAGEE, its waesson and suipro forever. Md th~ Nld
t~eiY
MOR1CsAGOR fw - hein, executors, administrators and sugns, hereby covenanM with the aaid lMORTGAGEE, its wocasora and sssiprr,
thrt thev are ~~~Ily seized of tM said premises in fea ionplf: th~t th~ sams an iree, ckar ~nd dischuped from all liam and ~rcu~m~
brances ie Isw or in equity, and thst the~L will ~nd tbeir hein shall wur~nt ~nd defer+d the litk w tM sam~ fo tM sald
MORTGAGEE, ~ib successors and assipro, forever apsirot tFw lawful d~ims and dem+nds of all persans
PROVIOED. AIWAYS that ff tht MORTGAGOR ahsll pay unro the MORTGAGEE th~ promissory note hereinbefor~ desaibsd a~d shall tnrly. pranply
uid fvlly per(wm, dixharye, e:ecute, compMb, ca~y~ly with s~d abide by sach u~d ewry the stipubtions, apreements. conditiona and eovenann of s~id
promiuory not~ and of tF?is Maty+y~, tMn this Mortya~ ~nd tF» Estate hereby cnsted shall u+t~ and b~ null and void.
IT IS UNDERSTOOD th~t the word "Mortyspor' whether in tM sinputat a plw+l ~nywFwt in this Matqage, thall M sinpular ff on~ only ~nd
~MII b~ plurd ~ointly and severally if more than one, and that the wwd "their" as wed snywhere in tha Mortpapi slwll be uk~n to mean "his," "Iwrs,"
a'its." whereve? tht context w implies w admits. Aho, that wherev~r there i~ a r~{erencs M tFie covcnanb and apreesnanq herein oontairrd to any of po
tl+e puties hereto, tM iam~ ahall bs consnued to mean ~s well u tF+e I+~in, leyal npresentatives, successon snd assigro (either vol~ntary by act of th~ o~o
partip or involvMary by oper~tion of the Isw) of ths same and tMt the covensnts h~?ein co~tiuied shall bind and tM b~n~fits a~d advantap~s MMw~ ~
w tl~e r~sp~ctiw Min, lepd representstives, waessws and au~q~s of ~h. parnes hsrero. ~
Md taid Mort~ots, for tFiemselves and their hsin, 1e9+1 representstives, wuesson and ~uipns, hereby jointly ~nd ~tvKSlly ooverwnt uid ~prN ~
b and with tfi~ said MORTGAGEE, its suttessots and ~ssipro:
1. To pay all and sinpula? th~ princ;pal and interest N+d the v~rian and w~dry swm of money payable by v&tw of wid promis~wy raRe. ~nd tN~ a
moH~~e. ~ath u~d ~wry. PromPtly on the day~ respettivtty the sarm stv~nlly bstortw dw. ~
~
2. To p~y ~II aid siigular the taxes, as~tsvnenq. lwks, liabilities, obfiy+tam and encvmb~+ca d every rNtun ~nd kind now on ~aW daaib~d
prop~rty, a that baeafter may b~ i~npoNd, suff~red, placed. Iwied. a suessed thenon, ar th~t here~ha may be levied a~sess~d upa~ tl~is
ape, a tM indebt~ sswred hcreby. ~ach and ~very, wh~n dw uid pay~ble, accadinp to law, befor~ thsy bccome delinq~ent, and b~tor~ arry ~
~ttach~s or arry penalry is irxvrred; ANp INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAU 8E PRON1PTlY SATISf1ED ANO DISCHAR~G~_ED~--_~~_a
RKOR~ AND THE ORIGINAL OFfIC1Al DOCUNIEN? (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFAC710N PMER OFfIC1AlLY EN~~!
OR CERTIFIED) SHAII dE PtACED IN THE HANDS OF SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd ~n the ewM that any thpeof R nol -
psid, s~t'sfied and disch~rped sa:d MORTGAGEE msy at ~ny time p~y fhe s~me w any part thereof witFw~t w~iviny a affectiny amr optio~, lien, eqvity w
•ipht under w by vinue of this mortysye snd the full amovnt of eaci~ and every wch p~yment ihatl be immed~ately dw and p~yabk and shall bear iMaat
irom the date thereof v~til paid at rate of n~ne pe~ centum per annum and toyether w;th iuch intereit shall be secvred by the lien of th:s mor9tpe.
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