HomeMy WebLinkAbout1347 - 3a~8~o ~C
THIS INOENTURE. Mad~ tl» 2nd d,y ~ October ~.o. i9_.?S, anw.«+
Robert M1. Sw~neYhays Jr . ansi.Lo~tist C. S~,aerhays, his wif e _
of St. Luc3e Cay~~y f~~, ~~i~aftN d~sipn~ted 'a!~ 111e "MORTGAGOR," a~d iIRST FEOERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCQ a aorpaation or~~us~d and ~xAtinp ~ndK ~M I~vr~ of tFw Un~t~d Sut„ of Am~rica a~d Mvinp its principal pfau of
b~sin~a in tF» Clty oi Fort Pi~ra. St. lvci~ Counry. Flaid~, h~r~in+ha d~ipr?at~d a~ tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is jvstly fadtbt~d M tM MORTGAGEE ie tM sum of s 3S ~ OOO. DO 8~ Iawful money oi the Un~ted
S~~tes advanc~d by ths MORTGAGEE unto the MORiGAGOR. ~s ~v~dsnced by a ce~ta~n promisso.y note oi even ds~s herew~th, o( which th~ tdbwinp in
words u~d fipu~es is ~ t~w copy, tdwi~: y
~ 10021622
~ 35 , 000 00 ~
~ P~~M. October 2 ~q .a
Fo? valw raceivcd, 1, we w eilher of vs, promise to pay, without defaltation, to the o~der of FIRST fEUERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE a1 Fwt Pieru, Fbrida, tM tum of = 35 • O0 w;th iMereu (rom dats at the rate of 8• 79f, per annum, in monthly inslal4 r
m.nn .s follows: = 288. ~ tM 2~tt2 ~y of November , 19 75 and • liks sum on tF?e corresFondinp day of each month tM?r ~
~ftK until the whol~ be fully paid. i
Esch iniNllment iirst shsll bs appGed in payment of tM inte?eit and then on the u~pa~d balance of the p~inccpal sum. If defauh is mad~ in th~
payment of any installment wMn dvs, and wch def~uit continues 30 d~ys, then at tF~s option of the holda..snd without a~y other notKe, ail the remainin~
inaullmt~b ihall be due and payabl~ at once. PrivileQ~ is 9iven to prep~y this nots in whole or in part at any time without pcnalry. Neither fwebearu~ce,
nw ~cceptanc~ by tht holder tMreof after any defa~lt in ~ny paymenri ixreo~, ihall be dee~ned e:tension. A late paymem charge of s14~4~ ~
added fo each iniN~lment remainirg unpaid 7 days aft~r•iri dw date, ~nd a like swn shall be sdded ro each such instellmeM remainirg unp~id 7 days afM
each wcoeedi^p P+~Yment d~te.
Each make?. surety snd endorse~ hereof, jointly and sever~lly, w+ivea demand, presentment protest and ratice of protest tor ranpayment, and fvttlMt
egrees 1o any extension of timt of payment, either before w aNer maturity, without notice to ~ny of u:; snd to p+y all costs of collectio~, incl~rdirg ~
reasonable attaoey i fee in the event of any d~fault he?eunder, and F~ereby severally waives all be~efit of homeslead and exemption ur?der fhe ca?ititution
and I~ws of each Sqte of Ihe United Sqtes, ss against this obli~ation w u+y extention a renewal hereof.
Witneu the !?ind and seal of each party.
, slRobert W. S~iezhays Jr. ~
cs~?u
s/Louise C. Su~erhavs
~
$ 52 . 50 ~w
~ ( ~ Stah Revenue
(Shw*r weaibi ~ ~riyiwal ~t~) }
~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvrinq p~ymeM oi taid sum of s 3S ~~0• ~ .~nd tM pc.form+nce of tM 1
covenanq ~nd apre~ments hertinahe? ~zpressed. a~d for dvers ~ood and valwbl~ consider~tioos, by these p?eser+ts. does yrant, buyain, sell, r~miss,
~ release, oonvey and tonfirm unto the MORTGAGEE, in svccesao?s and usiyns, all tl+~t certun bt, pieae or pucel of Isnd, sitvate, lyinp, and beieg in ths t
~ County of St . LuC ie - and Sute of Fbrida, dexrib~d as follows: ~
V ' • ~
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Lot 24, SHBRWOOD ACRES, UNIT ONB, as pez plat thereof on file in Plat Book 14,
C
' Page 43, of the public recotds of St. Lucie County, Florida,
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By agreement of Mortgagor and Mortgagee on file with Mortgagee,
the within sortgage secures not only an existing indebtedness,
i N ~ .
c° butt also ADVANCBS to be HBRBARTBR nade by Mortgagee to Mortgagor,
i t~ the aggYegate of which aill equal the principal amount specified
i in the promissory note secured hereby.
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s•~ N STATE ~F FL.C~:~G~. ~ . ~
~y7 DOClJMENYARI'~'=-
=;~STAMf•r'11;~ ~ C',Q
~ . - UEYZ :!f ~~v~vuc ' ~ ~ ~ ~ DIE ON CU?~'C ~y* ~ ~11BtT OF TIU~]
z ~ - !lNfilSlE Pf4~pNA~ PIAPfltTr~
~ _ _ ~cT - ~ r~ 5 2. 5 0 1 pur~r io c~-. - - . . . ~ ~
~ _ ~es.~~ ~ ~ . ~ , , oF lJ1! ~
- - - - ~ ~i+~.i?~ , . . co., Fu
topethar with all and iu~gul~r the tenernan», hereditama?ri ~nd ~ppurt~nces therevnto belonginp a in mywae appertaininp thertto, and all rents, iswes. .
proc~eds uid profin sccruing ~d to xcnre from iaid premises, all of wFiKh us induded in th~ sbow and farepoinp description ud Mbendum.
TO HAVE AND iO HOID the ~bove described snd ~rsnted premises unto 1M said MORTGAGEE, in s~+ocessws ud auigm forwa. Md th~ sald
MpRTGAGOR fw t[leli heirs, executon, sdministraton snd asi ra, her asi~nt,
g eby cownanri with the s~id MORTGAGEE, iri suousson and
~hat th~X are I~wfully seized of tF+e said premises in fae simplr, that tF» s+me ~r~ free, cl~u ~nd dischu~ed from ~II lie~s ~nd N+tun~
brances in law or in equity. ,~d ,rw•they will and their hein shall warrant and d~feod ths titl~ to t!a sam~ ro tht ~~Id
MORTGAGEE, in successors snd suiyra, fwaver aysinst the lawful claims and demands of all perwro;
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PROViDED, ALWAYS that if the MORTGAGOR sMll pay unro the MORTGAGEE the promitsoty note he?tinbefor~ described and ~h+ll ttuly, promptly
u?d fully perform. dixMry~, execut~, compl~te, comply with and abide by each ~nd every the ~tipvl~tio~s, syratmsnts, conditans and oovtn~nb of said
promiswry not~ and of this Mortyaye, then tF?is Mwt~s~e and the Estate hereby veated ahall u~s~ u~d be null and void.
IT IS UNDERSTOOD that the word "Matyagw" whether in the sinyulu w plwal anywFron in this AAortgape, sFull be sinpulx if on~ only ~nd t~ap
shall be plural jointly ~nd averdly H mw~ tMn orw. ~nd that the word "thei?" a~ ~sed anywhere i~+ this Moityspe sMll be taken to mean •'his,•• •'h~n;• O
or 'its," wherever tF+e context so implies a admin. Alw, that wherevar there is a r~f~rence in the oov~nanls and ayreemenq Mrein oontairNd to ~ny of ~
the p~rties hereto, the samt sMll be construed to me~n as well as the hein, leyal representative~, successon and sssigrn (either voluntuy bp ~tt of th~ ~
parti~s or invdumary by optratan of tM law) of the iame and thst the covenu?ts herein cont~axd shall bind and the benefi» ~nd advanta~s Mur~
ro tM r~spective he'vs, leyal rpresentatives, successora and +ss~y~s of tM parties hereto.
Md said Mwtyayon, for themselv~s and their hein, leyal representa~ivp, successas and assiy~s, hereby jointly and stvasfly covsMnt and ~yr~e~ ~
to u?d with fbe said MORTGAGEE, its succtsson and aagns:
1. To psy all and sinpvlar tFr principsl ~nd interest ud the v~rious ~nd wndry wms of money payable by virtu~ of said promiswry nWe, and this
mws0+p~, ach and ~w?y. Wa^P~~Y on tF» days respectivtly tM s~me s~wr~lly bec«ne due. ~ p}~~~ ;
2. To p~y all and sirgulu th~ taxes. ~ssesunents, Iwies, liabilities, oblgatiom and sncwnbrsncea of every ~stw~ ard kind now on said d~wit~dw #
propKty a that Iwr~ah~r may b~ impos~d, wff~r~d, placed. Irvied, a aaess~d thenon. a that hereafler may bt levid a askswd ~rpon thiskn°"V`d f
sp~, w t!w ied~bt~dnes~ ucwd her~bY, tacfi and w~ry, whe+, due .ed P.y~bM. ~aadinp ro law, befor~ th~y bscorn~ d~linquent. and brfw~ ~np ~
att~ches w~ny pen+lty a i~+curred; ANO INSOfAR AS ANY THEREOF IS OF RKORD 1HE SAME SMAII BE PROMPTIY SAT{SFIEO AND DISCHARCsED OF
RKORD AND TME ORIGINAI OFFICI/1l DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAtIY ENOORSEC !
OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGfE WITHIN tEN DAYS NEXT AFTER PAYMENT; u+d in ths event th~t a~y Nwr~of b not
paid, sat'~fied and diuharged sa:d MORTGAGEE m~y at any time pay the aame w any part thereof without w~ivirg or ~ffediny sny optan, lien, eqviq p ~
~ .iqht under w by virtue of this mortgaye and the full amou~t of escl~ ~nd erery wch payment shall be immedi+tely dve and kaysbk ~nd shall btar lnt~t~st ~
s~om the datt the?eof until psid st ?ate of ni~e per centum per •n~um and together w~th such inte~est shali be secured by the lie~ of th:~ morqtape. :
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