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HomeMy WebLinkAbout2984 ~ ' 319398 ~ THIS INOENTURE. N4d~ TF» 13th ~y ~ ' QQt~!! ~ ~ ~ 75 ~ ~ . Lerov B. Woodhull. III an ~hrist~ne B. Woodhull. his wi'!t ~ ' of - St . LuC~B. ~~~y fbrWa. I+aNn~h~r dqipn~t~d a tM "N10RTGAGOR," ~nd FIRST FEDfRAI SAVINCsS 11ND IOAN ASSOCIATION OF FORT PIERGE, ~ oorpa~tion apani~d ~e+d ~xiuinp und~r th~ laws of tM tMiNd 51ata of ~,..ic. .nd h.~ m~r~.i ~.o. d bvsirwu in th~ Cit~? of Fat Pwra. 51. Luci~ Cow+ty. Fbrid~,, Mn4~+hM dalpnn~d p 1M °MORTGAGEE." WNEREAS tM JNORTGAGOR M jwtly (nd~W~d b th~ MORTGAdEE !n th~ sum of i 27 . 8~ and I~wFvl nwa~Y of 1M Unit~d St~t~s adv~nad by th~ MORTGAGEE w~ro tM MORTCsl1GOR, as ~videnad by • aat~in promiuory oot~ of ~wn d~» her~wi?h, of which tl» folbwinp in ~ words and fipurp it a Trw aopr, bwih : 29 ~ S~A _AA Wp1AA216d2 .i ~ P~., October 13 19~_ for value r~iwd, 1, vw or ~itMr of us, promis~ ro pay, withovt d~falcaNon, to tM ord~r of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERGE at Fwt PiKa. Florida, ti» wm of ~ 27 * 8~ with iot~r~s~ from dat~ at tFN rab of~tZ~% pN annwn, in monthly install- ~~n,s to~toWS: ~ 229.~ p~ t~ 20tZ! d,y of Januarv , 1976 and • IIk~ swn on tM correspwdinp day of ~ach monlh tMrr ' ~fter until tl+e whol~ b~ fvlly paid. Each instsllm~nt fint sMll b~ applied in paym~nt of ths intaKt ~nd tMn on tM w+p~id balance of th~ prindpd sum. If def~uh is m~d~ in tM paymeot of any insalknent wMn dw. and wch d~fwh oontir?uea 30 d~y~, then at the option of th~ holde~. and wi~hout any otl+K notiu. all ths rw~+tninp ~~,s~altm.nn shall be dw and p.yabN at a~a. Privil~ b 9iv.n ro pnp,Y rhis nor~ in whole or G? p.h n any tim. withou~ p.nahy. PNither ior~bwanc~, nw ~a~ptanu by tM hokia tMr~of ~ftK anr defauit in a~Y paymenb I+M~on, sh~ll b~ daeimd ~xttesion. A lat~ payme~t charp~ of i-~~ sMll b~ added to e+d+ i~talim~nt r~maioinp w?paid ~ d~y~ afta. its du~ d~t~, and a liic~ sum ~MII b~ ~dd~d ro eKF? wch Gut~l4nent r«naininp w~paid 7 day~ afrir eath wote~di^p WYma~t dat~. Each makK, wnty and ~~dau~ Fwr~of, jointiy and sw~?slly, waivq demu~d, presentme~t protest s~d notic~ of prwNt for nonpayment, and fv~tlw~ agr~es to any exttnsion of time of p~ymN+t, eithe~ b~for~ or aflu matwiry, wtthoW notip to ~ny of us: and to p~y ~11 cosb of coll~ction, Mcludinp'~a , reasonabk atto~ney's far in tM went of any deiwlt Mrwnd~r, ud Mreby s~ver~lty waives all benefit of homsstead and exe+nption ~ndu th~ carotiMion ! and laws of each St~te of th~ Unitsd States, a apairat this obli~tion a aey txtension. a nnew~l hcreof. ~ Witness tM h~od aod ssal of ~ach puty. ~ s/ Leroy B. W~dhull ~ I I I ~wy ~ ~ _ ~ , s/ Christine B . Woodhull ~q ~ $ 41.70 ~ ~m R•wnw t~an~ esnwNad ar eriplewl-nel~) NOW, THEREfORE. tM N10RTGAGOR for Me purpos~ of wcwi^0 WYTent of saW wm of ~ 27 ~ 8OO .OO , Md t!w p~rfornwnc~ of th~ cova~u?ts ~?d aprNm~nb Iw~~inafta ~nprsuad, and fw divers yood a~d v~luabb cornideratio~w bl? ~ha~ Pnserns. dws praot, barp~in, s~ll, nmis~, release, ooowp u?d confim~ vnfo tM MORTGAGEE, in svcceswn and a~ns, all th~t a~Nain {ot. pi~a ar paral of I~nd, sNwu, lyina, and bdrg in tM ~~~y ~ St _ L_ucie ,~nd Sta» of Florida, d~wib~d n fdlows: West 121 feet ot Lots 13, 14 and 15, less the North 34 feet of Lot 13 and less the South 33 feet of Lot 15, Block '~C", MARAVILIA HBIGHTS SLBDIVISION, as per plat thereof on f ile in Plat Book 5, page 1, of the public records of St: Lucie County, Florida APPRAtSERS • ~E o~.Y • ~~ia~-~o/ Diy/-oo/S . > N STATE ~F FLDRIDA ~ oy ~ D~JCU/WENTARY,~StAMP Ta~ ~ ~ aE~~. oF Rt~renue ~ • -a - i - ~e. ~Z~•~s = ~ 7 0 ~ - `w o = r~~e2~ f . ; By agreement of Mortgagor and Mortgagee on tile with Mortgagee, the within aortgage secures not only an ~ existing indebtedness, but also ADVANC6S to be HBRB- ` AFTBR made by Mortgagee to Mortgagor, the aggregate ~ of which will equal the principal aaount specified 4~~ p•; McM~~~l~, i in the promissory note secured hereby. - ?E;~t i azi.Er:E ~ ~N;~iG~81~ ~ ~ 1913. ~ i1iE Qci R 7 ~5111~IIZ j0 ~E ('+b. . ~ - ~ ~tNtx St. Uuc~E royetlwr with ~ll s~+d sirpular th~ tenen+Mb. Iwr~d7tamsnts and appurt~nces th~rwnro belonpirg a b~nywi~ ~ppert+ininp thafNo. ~nd all nMS, hw~s. ~ proo~eds and profi» acoruirg ~nd fo aurw from s+id pnmisa, sll of which sn &~dud~d in tM abar~ and fonpoinp d~scripion and hab~ndun~. ~ TO H1WE AN~ TO klOt~ tM abow desorib~d and y~u~t~d pemisea uMO th~ aid NIORT6AGEE, i1s svoaswn ~rd astipia forwM. Md th~ satd ~ their z MORTGAGOR for heks, executon, administnton and ~uiyro, h~r~by oow~anb with tM ~afd MORTGAGEE, its wota~ort ~d assipis„ - ~ ~h~t theyL~~~ lawfuly s~iud of th~ said pran~s in fN sknpt~s tMt th~ wne an frN, dw ~nd di~J~d from aU N~ns and ~a~r ~ o, ,,,,d they ,,,,;~i ,,,d their „„urant and d~fu~d tM titN a th~ sae~ to th~ sald ~ MORTGAGEE, its s~ccessors and assiprn, forewr apainst th~ lawful daims and dwiwida of al{ perwrat ~ PROVI~ED, ~1LWAY5 tFwt if tFr MORTGAGOR sh~ll pay umo tM MORTGAGEE tM promiuay not~ lwr~inbsfon daoib~d and slw1l truly. P~~Pth~ •od fvlly p.rform, diaMry.. •:.ad., compbt~, complY wirh ~nd .b~d. by e.ch .nd .wry tl+. aripulationa. +p?~nta, canditiau arw! cov«++na d,ad k prom~ssory nor~ and of this Mortpsp~, tMa this AAafpaye ~nd th~ Estat~ hasby vatd sh~ll os~w ~nd M null and void. p IT IS UNDERSTOOD th~t tiw wwd "Mortyapor' wheN+N in th~ sLgular a plvr~l snywMn ln this Mo~t9ap~, sh~ll M airg~lar if a+e ady and ~ ahali M plural jointty ud wvKally .ff mw~ than on~. ~nd tiwt th~ ward "tf~it" as uNd anywhen tn thia Matp~pe shdl b~ taken to msan "las," "h~n„" w'its:' wl+K~ver th~ oont~xt w tmplks or admits. Aho, that whsrswr then ts ~ r~fKena In tM ooven~ms snd pnun~nb F~er~in coma~id to a~y of € rM p~rtks hento, tM wrK ~hall b~ aonstrwd to m~an ~s well u the h~in. Ipal npr~s~natira, woce~sws and suipn~ (~itl~er voluM~y by acf of tM ~ p~rfies or hvolvnts~l? bY opnatio~ of the law) of the tame and that th~ oo~r~nants Mnin aomainsd shall bind ~nd tM b~fits and sdvantpp irwr~ ~ ro the resp~diw h~in, Ip+l np~senatiws, waeuors ~nd aasiym of tM~ parti~s ha~to. . ' Md said Mortypas, fw ttwen~lva and th~ir h~irs. I~p+l r~prnentativa, svu~uors and as~ipm. h~t'abY ioi~+t~Y and sw~rally oown~m and apr~e ; ro aod w„h th~ wd MORTGAGEE, in u,caswn a~d assipro: . s € 1. To pay dl and ~inpvlar th~ princip+l and int~nst and tM varioua and sundry swns of money payabb by virtw of ~aJd promissory nW~, and thN ~ mony+~. ~+ch and ewrY. P~~P~h on tFr day~ nsp~etiv~ly tM sarne itwrdly b~ooene dw. ~ 2. To p~y all and sirgular th~ tuea, auet~nb. Iwi~s, li~biliti~s, oblipariorn and ~ncun+bnncu of w~ery n~tur~ and kind now an aid dNCr~d Propaty. a Nwt Mnaha n~ay b~ ienpos~d, suffK~d. P~~ad. I~vi~d, or w~ss~d thawn, a th~t h~r~aher m~y b~ Iwi~d or a~s~sard upon tNs Maq- ~ ay~, a th~ ind~bt~dr~ss secw~d Mr~by, tach and ~wry. wh~n dw ~nd p~yable. ~ooordinp to law, befa~ th~y baan~ ddinqwM. ~nd b~fon ~n~? inarat ° att~ches w a~ pen~Ny is i~cwreds AND INSOFAR AS ANY 7HEREOF IS OF RKOR~ THE SAME SHAII 6E PRdMPTIY SATISFIED AND DISCFIARGEC Of ~ RKORO AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCf, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED € OR CERTIFIED) SHALI 6E PLACED IN THE HANDS OF SAID MORTGAGfE WITNIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the wrM th~t any 1Mrwf N no1 g paid, ut;~fi~d and dixMr~ed u;d MORTGAGEE may ~t any tim~ pay tM swer w any put thaeof wlttw~t w~ivimp w~ffectG~p aMr option, li~n puiry p f •~qM under a by virtw of this mwt9pe a~d tF+e full ama?nt of esch and ~very wch p~yrn~nt ihall bt knm~diately dw snd p~yable and shall bwr im~nst ~ ~rom t?K dat~ the~eof witil paid at rate of nirw per uotum per ~nnwn ~nd topetherOwy~ ~~yt sha~~~ed by tM Ii~n of th:s morptp~. ~ d~,~ ~r P~i ' _ ~ „ "4`" .~..~J k ~'c~ ' _ ,e ;~-~'`~'rj*'~"'~.Y .i ut .r .z . . - ~'4aS"se`[~~ ~°.'t.~~ _