HomeMy WebLinkAbout2288 ~ ~~8~ ~
THIS INDENTURE, 1Wd~ tFi~ 18t~1 d~y of SeeteAber . A.D. 19 75
_ bNwMn
James C. l.ana aod Jeanie Lans~~,~ ~i~. !e "
3 ~
af St_ 1_z~~ - .~p+++h Flori3s, t~r:'s~:tt~ ais~~~aic~ at t!€a "h?RS^vAC~£:' an~ FlRSi fLv:&Ai ;:`t!`.GS R~p !Q!!!1
ASSOCIA?ION Of fORT PIERCE. ~ oapa~tion ory~nized ~nd ~xa~irp w+dK ~h~ laws of tM Ih?it~d 5u?~s of Am~riu and Mvkp its pincipal plaa of
bus~nes~ te ~he CHy of Fwt Pierp, 51. lvtt~ Covnty, florida, htreieahsr dalpnated a tM "MORTGAGEE.••
WHEREAS tM MORTGAGOR h juslly ind~bt~d to tM MORTGAGEE i~ tFw sum of = 28 ~ 4Q~ - ~O , good snd lirviul money of ths Unit~d
St~te~ advanced by ths MORTGAGEE unto ti+~ MORTGAGOR, as eviderxed by a cat+i~ promaiory rale of evs~ date herey+ith, of wh~ch tM foUowinp fn
words and fiyw~s i~ a t~w oopy. lowih
~ 28, 400.00 loo? sqd
Wr? pkK,, p~a,id,, Septe~r 1R ~q,~~
For value received, 1, we or either of ~s, promise to p~y, witla~t defalcatioo, fo tM order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fort Piercs, florida, tM sum of s 2a~ ~Q•~ with interest from date at the_r~te of ~ p~t sM+um, in monthly insulb
ments ~s follows: i?c34•~ oo tM day of ~C@~~'= . 19~~ ~nd a Iik~ swn a+ ths co~re~pond~np day of each month tlwrr
after until the whol~ b~ fvlly paid.
E+ch installment fint sh~ll be applied in payment of ths intersst and theo on the ~npaid bala~ce of the princ~p~l sum. If def~ult is msd~ in ~tM
payment of a~y insNllment when dua, a~d such defauh contin~es 30 day~, then at the optan of ths holdsr. ~nd without any otF+er notice. all the remaininy
installm~nb sMll be due and payable at axe. Privite~e is yiven to prepaY this ra~s in whok a i~? part at any ttme without penalty. Neither forebearanu,
nw acc~pt~nce by tM holdar thereof aiter any default in ~ny paymcnts hereon, sMll be deerned exteniion. A Iate paymem char~s of = 1_iQ sh+l) b~
added to each installrrKnt ranainin~ unpaid 7 days ~fte? ib dw date, u~d a like ivm shall be added to csch svch ins?allment remaining u~psid 7 days aRer
eath suttetdi^p WYment date. .
Exh maker, wroty +nd endorser hereof, jantly and severally, waives demand, p~exntment protest end notice of protest fa ranpayment, and furflwr
agraes to any extensiw~ of tims of payment, either bsfwe or a(te~ mstwity, without rwtica to any of us; and to pay ~II msts of colkdion, includirg a
re+sonable attorney i fee in ths event oi any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitvtion
and laws of each State of ths United St~tes, as ayairot lhis obliyatbn ot any extension or renewal hereof.
Wirness i'ns F~and and ssai oi eacn pany.
s/ Ja~es C . L~Qa ~
APPR111SERS ~ ~ ~U
UsE oN~Y v s/ Jeanie Lana ~y
t $42.60 ~ Stafe Rewnw ~~~C• ~ I ~'n ~~1~
(shmvr a~a~11.i ~1~)
NOW, iHEREfORE, the MORTGAGOR. for the purpose of secwinp p~ym~nt of s~id sum of = 28 a.~0 , and tM perfwmancs of th~
covenanb and apr~amenn hafeinafter expeued, and ia diven 9ood and valwbb wnsiderations, by these p?esenn, does 9rant, bary~in, sdl, remi~e,
release, convey and confirm unro tFa MORTGAGEE, ib suuessws and asiig~s, ~tl tMt urtain lot, piece w parcel of lu~d, situat~, lying, and beinp in tM
Cp~fy St _ i_ueiss , ~nd Stab of Florid~, dewibed as fdlows: ~
Lot 8, Block 327, PORT ST. LUiCIE, S6CTION 25, according to the plat
thereof on file in Plat Book 13, page 32, public records of St. Lucie
County, Florida,
By agreeaent of Mortgagor and Mortgagee on file pith
Mortgagee, the within aortgage secures not only an _
existing indebtedness, but also ADVANCSS to be HBRB-
AF?BR aade by Mortgagee to Mortgagor, the aggregate
' of which will equal the principal anount specitied
in the promissory note secured hereby. ~
E _
i
~ « _ ST'ATc ~F FLORiDl~. ~ ~
~ o'~ 00 CU M E iV TA R Y.~'-- t S I A M P , RBCFJYm IN WIYMDfT OF TAXEt
z DUE ON CU1SS 'C' IIITM16181E rER90NAL PROPFStiY
I `r OEPT.OF REVENUE ~i~i=~ 1
r M d 2. 6 0 n~r~r To ~E~n-i~
s oF i~~i. y~,~~~~
~ ~ ~ ~ _ P.B. - '~CT I i'~5 1' ` ~ /i
a` ~ no2' ~ ~ CLFlIK CtIIGNi OOURT, ST. WCIE 00. FUl ~
toyet?~ with all u~d wgviu fM tenements. lwreditamenb and apportances tMre~mto belonpng w in ~nywise appatainirg fhtrNO, and all nnb, issws,
proc~eds and profin accrvirg and to scuut from said premiaes, all of whicfi are incl~~ed in the above snd for~oin~ d~wiption ~nd habend~m.
TO HAVE AND TO HOW tM ~bow described snd y?anted premises unto t!w said MORTGAGEE, its successws u~d ~uipns fwewr. Md Th~ ~aid
MORTGAGOR for their heirs, execvton, administraton ~nd auipru, hereby covensnb with tM s~id MORTGAGfE, its woca~ors and aaipna,
that ~16.V are ~~~~~~y M/z~ of tM ~aid premisa in fse irnplet that tM s+m~ ue frs~, ckar ~nd d'iuharped from dl lia~ and ~ncw~
br~nces in I~w a in equity, and that thev will and thell hein shall warrant and defend the titk to tM sanw to tht sald
;s ~4T~AC~~, i}~ 3urr~~~or~ anel attiQna, fe~rEVt? ~p~+ 1Fy I~Mrf~l fl~uns ..,.1 of e!! per~s
VROVtDED, ALWAYS that H the MORTGAGOR sh~ll p~y uoto the MORTGAGEE tlw promissory note her~inbefwe dacribed ~nd shall trvly, promptly
~ end fully perform, discMrpe, exetvt~, compkte, comply with and ~bide by each ~+~d every the stipulations, synements, canditions and ooven~nts of wid
~ promiswry not~ and of tha Mortp~e, then this Mwf9+pe ~nd the 6tate ha~by ueated ~hall uast snd b~ rwll aod vad.
~ It IS UNDERSTOOD tF?~t the word "Nbrtpapor' whether in t!w ainpulu a plwal anywher~ in this JNort~sye, shall b~ sinpular if on~ only ~nd dy~
~ shall be plurd ~ointiy and swerally if mwe than one, u~d that ths wwd '9hei~" u used anywhers in this Mortpap~ ih+ll b~ taken to mesn "hp„" "h~rt„° Cs~
w"Its," wF~erever the conteat w implies or admits. Also, that wherever there a a ref~renn in tM covena~n a~d ~pr~emenb herein oontairnd to a~y of ~
thc prrties h~reto, tM same shall ba cwatrued to mean u well u the heirs, ley~l r~prescntatives, successon a~d suipm (~itha votuntary by act of th~ ~
parties a involuntsry by ope~~tion of the law) of the sam~ and that the toven~nb her~in contained shall bind and th~ benefib ~nd adrantp~s irwr~ ~
to tM respsctiw heirs, kysl representatives, successors and au~yns of th~ partis Mreto.
Md said Martyapon, fw tF~emselves and thtk l+ein, leyal rtpresentatiws, wueuon and ~uiyrn, hereby jointly and swer~lly toven~nt ~nd spr~ f
to ~nd with ths s~id MORTGAGEE, its strcceuors and assi~ru:
1. To pay all and tinpvlu the principal a~d interest and tM various ~nd iundry wm~ of mon~y p~y~bb by virtw of uid promiswry not~, and thi~ ~
mwtyape, each snd tvery, promptly on the d~ys respectively the ~ame sewrally becorn~ due.
2. To p~y ~11 and sinpul~r tha taxes, as~eumenb, kvies, liabilities, obliy~tiom ~nd ~ncwnbrances of ~very n~twt a~d k;nd now an sald d~sorib~d
prop~rty, a that haeaha may b~ impowd, wHered, plated. Iwied, or ~stessed thsrson, a tMt Mn~fte~ m~y b~ levied a a~sess~d upon thls Mortp~
p~, a tlw ir~debqdr~ess t~cw~d herebY, each a+d ev~rp, when dw u+d payabk, aooordirp ro law, befa~ tl~ey becan~ delinquent, ud b~fon any irN~r~st
attsches a any pa~alty it incvrred; AND INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAIt 8E PROMPiIY SATISFIED ANO DISCHARGED Of
RECORD AND THE ORIGINAL OfFICIAI OOCUMEM (SUCH AS, fOR INSiANCE, iHE TAX RKEIPT OR THE SATISfACT10N PMER OFfIC1AllY ENOORSEO
OR CERTIFIED) SNAtI SE PUCED IN 1HE HANDS Of SAI~ MORTGAGEE WITHIN TEN ~AYS NfXT AfTER PAYMENTj and in tFw twnt th~t ~ny thenof b nol
paid, sat'~fied and diuhar9ed ta:d /AORTGAGEE may ~t any t~me pay ~he •sn,e o. +n~ pan rhereof withovt waiv~ny a affectinp uiy optan, lis~, puiry a
•iqM u~der or by virtve of tlus mortysye ~nd the fvll amount of euh and erery wch paymtnt ihall be inwnediarely du~ and payabk ~nd shall b~sr intK~st
From the date thereof until paid ~t rate of nine per cent~m per ~nnum and toye~he~ w~th wch interest shall b~ sec~red by the lien of tF~:s moryta~.
r°; _ -
V`~r^i ~....--~.:a~es-w... . . - • s_ . .