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HomeMy WebLinkAbout2094 ' ` 31.8t~t~2 ~ ' THIS INpEN1URE. N1ad~ ath d~y o~ Octobes ~p 19 ysy ,La~~s A. Martin and BlisabeLb A. art a. s wife T ~ pf St• I.1iC~! ~p~~y Flwida, Mninal~M dt~iyn~?ed as the "MORTGAGOR;' and fIRST fE~ERAI SAVINisS ANO IOAN ASSOCIATION Of fORT YIERCE. a oorco~ation oraani:~d ~nd ~:istim undN ~he I~ws oi th~ Uniad St~t~s ef Am~riu and I+avino Ib arintlwl ol~a of ~ in tM Gry of fort Piaa, S~. luci~ Covnty, Naid~, ~~in~fiK d~aqnar~d ~h~ "MORTGAGEE." WHEREAS th~ MORTGAGOR b j~ntly ind~bted ro?h~ MORTGAGEE in tM sum of s 16'~~•~ ~ pood and lawtul ma+~y of tM Unitad Sbt~i advanc~d by ths MORTGAGEE unto 1Fw MORTGAGOR, as e~idsnced by • urtain promiasory oob of even date her~with, of which tM /olbwirg in word~ and fgwa is a trw copV. to-wil: ~ 16.000.00 . ~ 13ppp167 October 8 ,e TS s an a~ sss r.c: <<v..ais~ - a ~ fw wtue raceiwd, 1, we or si~he? of us, promis~ to pay, without defakation, to ~M order of FIRST fEOERAI SAVING?S~ AND LOAN ASSOCIATlON OF FORT PIERCE at Fort Pierc~, Fbrida, tht tum of ~ 16~~~'~~ w;th interesl from dat~ at ths ~~t~ of 8~ 7~'pK annum, i~ monthly fnsislM menh ai fo7lows: ~2 on tFN?~th d~y of N~~~r 19~ u+d • like tum on tFr cw ~ da of eacfi month tMrr a(ter ~Mil the whole be ful~y paid. r~~~ ~ y Each irotallmeM first ihall bs applied in paymem of tM interest and ti+en on the unpaid balante oi the princ~pal sum. If default is m~ds in tM payment of sny installment wh~n due, u+d s~ch de(aufl coetinues 30 days, then at ths optiw~ of th~ holder, and without any othe~ ~otic~, all the ran~ininp irurallmenb sh~ll be due and pay~ble u once. Priviley~ is 9iven to prepay this nole in whol~ or i~ paH ~t ~ny time wilhout penahy. Neither faebearance, nw +ccepunu by the hold~r thereof airor any d~fwlt in anY p~ynxnts I+~reon, sh~0 be deemed exte~s;on. A tate payment charge of f 6•~., ~MII b~ added .to ~ach kutallment rem~ininp unpaid 7 days aftet ib dw data, ~nd a lik~ wm shall be added to each i~ch i~t~allment r~rtuining ~r~p~id ~ d~ys aff~r aath sutc~edirg p~Ymem date. _ E~ch maker, wrety and endorse~ hercof, jointly and sevenlly, waivet dcnund, presentrrie~t protest and notice of protest fw rwnpayment, u~d iuttMr agreey b a+ty exter.aion of time of paymettt, eithrr before or after matvritY, wi:t~yut not:ca to sny af us; and to psy a!! casls of collecttan, tncludin~ s reasonable attorney i fee in the event of any default herew+der, and heroby ~everolly waivet all benefit of Famestead and exemptan w~der the co~?ftifWion and lawi of each S~ate of ths United Sutes, as against tbis oblpation a ~ny eararuion a r~newal hereof. Witneu ths hand and seat of each party. ~ ~ S/ Jases A. Martin ~ r.:•t r^ • , . . - . (S~/?U S/ Blizabetb A. Martin ~ ~ ~l-~ ) Srate Revenoe ~U (s+a~~ «w«~I1ei «:yi~»I~s~e~ ~ NOW, THEREfORE, the MORTGAGOR fw the purpose of secvriny psyment of s+id svm of = lbi~~•~ ,~nd the performsnce of th~ cavenants and ~reements hertinafter expreased. and for divers good and v~lwbte consideratw~s, by tFNSe presenn, does prant, bargain, s~ll, remise. rekase, convty and confirm unW the MORTGAGEE, its wcceuon and auiyns, aIl tMt cerqi~ bt, pieu p puul of lud, sitwte, lylrg, ~nd beirg 6~ tM Ccw?h? of ~Ci@ , and St+te of Florid~, dewib~d ~s follows: Lot 1~, Block 58, RIVBR PARK, [~iIT 6, as per plat thereof on file in P1at Book 12, Page 28~ pnblic recozds of St. Lacie Connty, Rlorida • /?i~P~/?,~:~~ , " ~ ~~i ~%C'~~-.5 ~ By agzeesent of Mortgagor and Mortqagee on lile witb Moztgagee~ the within aort- gage secures not onlq an e~dsti~9 indebtedness, bat al~o AWANCBS to be HfiRBAP'i8R made by Mortgagee to Mortgagor~ !he aqqregate of which will equsl the prfacipal a~aunt specified 3n the prosissory_note secured bereby. . . . . . . . . . . . . . . . . . . . . o~ `N P~YME~ ~~Cl. ~ ~ - ~~1911- > ~ STATE F~OR~CA ~ a~ ~~,.,~?.'~'s ~ ~Z DOCUMENTA r E~ 5 T t~ ~ ~ : ~ Of Ta Of PFVENU'F~Y-~ •~tfi'~~ i D.~~`' SO ~ ~ -aC ~ M . ~ `v~~m~l SLi ~ i ~n ~ • q ._,,.~tt ~ ! m ~ _ pa ~ QCT 10'75 L~. O 0' t7w~' C1Rw" ~ 11l62 ti ~ ~ o ~ ~ - ~ ~ ~ topNFw with all u~d sinyular ttie terrmenh. Mreditaments and appurNncss N~erwnto belaginp a in anywiw appert~ininy tfxreto, snd all rents, iuws, ~ proa~ds ar?d profib acvuinp ~nd ro accrue from ssid pr~mises, all of which ue indudsd in the abow u~d forparg desoription snd h~bendurn. ~ TO HAVE AND TO HOW the above described and yr~nted premiaes unto tM ssid MORTGAGEE, Hs wocestors ~nd assipns forwa. Md th~ w1d ~ AhORTGAGOR for thei= - hein, executon, adminis~ntw~ ~nd • ~ ~@y a re ~ ~^s~ ~^n witl~ the said MORTGAGEE, its wa~sws and atiprN, ~ that lawfully uised of the said premi~s in fe~ simple; th~t the s+me u~ fru, clsar snd discharped fran all Il~nt ~nd ~ brarxes in law w i~ equity, and that_~L- will and the ir heirs shall w~rrant and d~fend the titl~ to tM s~rn~ to fM saW ~ MORTGAGEE, in suueuors ~nd suiyro, fawer ~yai~st tFK lawful claims snd demarKls of all pKaoru; i PROVIDED, ALWAYS th~t if the N?ORTGAGOR sh+ll pay unto the MORTGAGEE th~ pomisso~y roq hateinbefore dauibed and shall hvly, promptly ~ and fufly perfwm, discMrge, ~xecute, compbte, comply with and ~bide by esth and every the stipulations, a~sements, conditqro ud oov~s of s~id ~ prom7ssory rate snd of this Mat9spe, then this Mwtyage ar+d the btate hereby veated ~hall ceast a~d b~ null and void. ~ IT IS UNOERSTOOp fMt fM word "Mwfyayw" wherF~er in fh~ sirqvlar a plwal ~nywhere in this Matgspe, tkall bs sirgular if aw onlp and a~o shall b~ plural jointly and ~treully if more than one, ~nd that the word "their" u vsed Mywl~ere fn this Nlort9ap~ sMll be tak~n to m~an °hb,° •'h~n,•• o ~ w"its;' wherever the context w impGes o~ admits. Alio, that wherever ther~ is s ref~rence in rhe covena~n and apreemena h.re~n oonutr~d ro any of ~ the p~rties hereta, the same shall be consrrued to mean ~s well ss the hein, hpal r~present~tives, suuessora snd aasipns (eitha volunt~ry by act of th~ ~ parties w involvm~y by oper~tGon of tM law) of the same ~nd thst the covenants hersin cont~in~d shall bi~d and th~ bN~efits and advantsp~s irwr~ ~ to the respective hein. Ieyal reprcient~tivet, succeswrs and ass~yns of the part~ hereto. ~ Md said Mwtys9ws, fa themselres s~+d their Mirs, kyal rep~esentarivp, wccestas p~d assiqru, her~by iointy ~nd ievua{ly tov~wnt ~nd aprK ~ to and with tiw said MORTGAGEE, its ~ucceuws and ~uigns: ~ a ~ ~ 1. To pay stl and sinpvlar the princ;pal and inte~est snd ths various and aundry wms of morMy paY~bl~ by virtw of said and thb P?a^isipY ~wf~. ~ monyspe, exh and every, promptly on th~ days respcctively th~ sam~ s~vtr~lly becorrw due. ~ 2. To pay +II u~d sirgvlx the uxa, aisessmenn. Isvies, Iisbiliries, obliyations and ~ncumbr~nces of ~vKy Mfwe ~nd kind now on iaid dncrib~d • d P~oPKh, a that her~afu~ maY b~ imPe~ed, svffa~d. Plat~d, levied, a as~esicd Nrorwn, or that her~~fter may b~ I~vi~d w u~wd upon tl~ Mata ~ p~, o~ tM indebtedness secured hereby, e+d+ and every, when dw ~nd payabb. ~ocord'wg to law, b~fon they becan~ delinqwnt, and b~for~ ~nl/ 1~ i ~ attaches a any penalty is incwred; ANO INSOfAR AS ANY THEREOf IS Of RKORD THE SAME SHAIt 6E PRO/NPitY SATISFIED AND DISCHARGEO OF RECORO AND THE ORIGIfsAI OFFICIAL DOCUMENT (SIKH A5, fOR INSTANCE, THE TAl( RKEIPT OR TME SIITISFAC710N PAPER OFfICIAIIY ENOORSED OR CERTIFIE~) SHALL dE PLACEO IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; s~d in tht ~vent tFNt any tMnof k no1 ~ paid, sat'sfied and diuharged se:d MORTGAGEE may at any timt pay the same w sny p~rt thereof vrithout waivirq w ~ffectinp any option, li~n, puity p ~ ~ipht under or by virtve of this mortyage and the fvll amoum of exh ~nd every iuch payment shall bt immediattly due ~nd payabl~ a~d sh+ll beu infertst kom the date thereo} until paid at rate of nlne per centum per •nnum and toyether w~th s~ch interest shall be setured by the lie~ vf th:s morqtsQ~. , ~ : . . - ' ,ez _ .~'"'~.~-z". ~~~.n,~ . . .