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HomeMy WebLinkAbout0613 ~ ~ 319'?'84 ~ ~ , ; ~ ~ THIS INDENTURE, Msd~ th~ 30Lh ~y of ~pLe~ar . A.D. 19_ 7S bttw~+n Lincoln G. Andr~ws and Ann Aad~, w:~, h~ wi~,q pf SL. LYC~O Cp~~y Floi~da, Mrtin~N~t dNiy~a»d a tM "MORTGAGOR,° and FIRST FEDERAI SAVINGS ANO IOAN I?S,SOCIATION OF FORT PIERCE, • aorpadion apanlud and exiuinp ued~ rM laws ot tM UeiNd Stat~s of Mwic~ u+d Mvinp Ns princlpal pl~a of bvsinNS M t1» Gry d fat PiKa. St. Luci~ Cow?ty, FIo.W~. Mr~hM d~~pnud a N+~ "MORTGIIGEE.` WHEREAS th~ MORTGAGOR is jwtly M~d~W~d 1o th~ MORTGAGEE in tM sum of = 35~~~-~ , 9ood and lawfvl mon~y of tM United S~~t„ advanctd by tM 1NORTGAGEE uoto tM MORTGAGOR, ~s widtnced by • urt~i~ promissory not~ of ewn d~1e h~swith, of whkh tM tdlowie+p in wwd~ u~d fip~r~s b• frw copy, towit: ~ 35 ~ 000. 00 p~, 10021617 F„t P~.. Fb,;d,. Septe~ber 30 19_~ For vdw r~pived, 1, vw w eitM? of us, p~omi~s to psy, witho~t d~falcat~on, to ths ordcr of FIRST fE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pieru, Florida, the wm of = 35,0~•~ w;th in~ereit from date at th~ r~te of 8• 50X, pa annum. in monthly Gatall- rn~nq as follows: ~ 282.00 ~ t~ 20Lh ~y of Noveaber 19 75 wd ~ lib sum on tM taretpadinp day of ~ach ma~th tMr~- ' aftK un?ii tM whole b~ fvlly p~id. . E~ch irotallment fint sMll b~ ~ppl~ed in payment of tFw leterest ~nd then on tM unpaid b+lance of the princip~i wm. If d~fwh ts m~de M iM paYmN+t of any instdim~nt when dw, and wch defauh comir?~es 30 days, then u the optia? of the 11qWer. a~d without any other notice, afl tM r~.naininp installmtnb sh~ll b~ dw and psyabie at onc~. Privil~ b yiven to pr~p~y this noro in whol~ w i~ put ~t any time without p~nahy. N~itMr foreb~arana, ~wr accephnn by th~ hold~r tMreof sher ~ny defauit in ~nY paymenb hereon, sFall b~ deemed extension. A lals pay~neet charps of ~ 14 _ 10 shall b~ added ro ~ach i~stalknent ?aaaininp w~p+id 7.d~ys ~her i» dw dale. ~nd ~ like wm aMll be added to esch such initallrnent rem~ir?ing w~p~id 7_days aftt? each sucaeedirg paym~et daro. Each msku, wrety ~nd endwse~ hereof, iointly and slver~lly, waives demsnd, presentment prwest and notict of protest for oa~payment, a~d fvrtFw t agrees to ~ny ~xt~nsion of tun~ of p~yment, eitha bafor~ o~ after maturity, without notics to any of ut; and to pay sll oosh of oollection, includ'u+p • reasonsble attwneyi fee in ths event of any defauh lisreu~der.'~nd he~eby sevcrally w~ives all benefit of homestesd ar?d exemption ur~der th~ cwutitvtbn and laws of each Sta~e of tFw United States„ ~s ayainst ~hi~ obtip~tion or any exten~ion or renewal henof. ~ ~tness tl+e Mnd ~nd se~l of e~ch p+rty. RE~W S/ Lincoln G. Mdrews ~ (S~?U t $52 . ~ S/ Mn Andrews ~ • ~ st.+. aer.M,. NOW, THEREFORE, tM MORTGAGOR for th~ purpos~ of secv~inp payment of said sum of =~5 ~ and th~ pKfomwnce of th~ cov~nann a~d sy~~emenb her~inafter ~xpres~ad, and ior d~wn yood and v~lwbl~ caaidNations, by tMa~ prss~nts, does 9raot, barp~in, sdl, remiN, releas~, conwy ~nd tonfirm vnfo the JNORTCsAGEE, its wa~swn and suipes, ~II that osrtain 101, pi~c~ or p~rp) of land, situab, lyirg, and b~inp in th~ ~~~y ~ SL . t.1iC 1@ u~d Sut~ of Florida, d~wib~d u followa: i Condoainius Parcel No. 812 of CAPSTAN I, according to t6e Declaration of Condominiua thereof, recosded in Official Recosd Book 2:i2, at payes 619-711 of the public zecords of St. Lucie County, Florida. SLIBJBG7 to ter~s and conditions of said Declaration of Condo~inius. the Articles of Incorporation, By-Laws, and tieclaration of Coveaants and Restzictions of Ocean Villa9e Prope=ty Owners' Associatioa, Inc., with Mhich terss and conditions the aortgagor covenants to canply.aad pQrfora. u'~o~,`~ : a5'o7 ~o/- oio~/- o oe/1~ By agsee~ent of Mvztgagor and Moztgagee on file witb Mortgagee, the within Rort9a?ge securss not only an ~ existing indebtedness, but a~so AOVANCBS to be HBRB- ; AF'TER sade by Moztgagee to Mostgagoz, tlie aggregate ' of whicb will equal the principal a=a~unt specified ~ ~ ~ in th~ pro~is~ory nate secured hereby. ! . ~ i ~ ~ S T.~T E F~~ R f~ A~ ~ IN PAYMENi OF 7Alt ~4 E O L U M EN Z A R Y~': 5 T~ M i' T~' I p~ ON ClA9G 'C INTAN61BlE PE~.90it41 PROPEp '~~Pi. Uf ftEYENUf. ~`-f'~'~~ ~ ~ j0 (~I~PjER 71'1~ ~ s O F 1911. G e ~ - ~ ycT ~~•l~J 4~~ 5 2. 5 0 1 "°r~" a, Fu~ _ ~e. ~ ` t o~ptc cMe~rt c~~ ~ = = . ~ toy~ther with ~II and singubr the ~erwm~nn, heredit+m~nb ~nd appwtances thtreunto b~lagirg o? in snywik appertaininp N»r~b. ~nd ~II nnts, bswi, ~ procs~ds ~nd p?ofin ~cuuinp ~nd to ~cuw from s~id pr~mises, a!1 of which are indud~d in th~ abov~ ud forgoinp d~scription ~nd h+b~~~. ~ TO HAVE AND TO HOI~ tl+e ~lww dewibed and yranted premises unto th~ ~sid N10RTGAGEE, in succ~swn snd auipn~ foawr. Md th~ s~id IKORTGAGOR for thelr -~in, execvton, administraton and ~uipnt, hereby ~nnann with the said MORTGAGfE. i» sua~s~ws and assfpru, ~ that theX-a~--- lawfully seized of ths said premi~s in fs~ simpl~: that th~ sam~ sn fra~, dear u~d disch~rp~d from all li~ and ~namr a t branus in bw a in equity, and thae th~ V rvill ~nd t~ i= hein shall w~rrant and d~fsnd tM titb b th~ tanw to th~ said 3 MORTGACaEE, ib suoceasors and auigra, forwe~ apaimt tFw I~wfut daims and damands of ~II persan; PROVIDED, ALwAYS rMt if fh. MORTGAGOR shsll pay unro rh. AII~ORTGAGEE th. promiuay eon he.einb~fore described and rh.ll nuly, prompry ~ and fuly perform, di~d+u~, ex~n,t~, canPl~t~, comPly with and ~bide by each ~nd wery the stip~brions, ~yr~enwms. aonditio~a ~rd oov~n~nts of ~aid s promiuwy oot~ ~nd of thn Mwt~ap~, then this Mort9~y~ and tM Esate henby a~ated ahall oeas~ and b~ n~ll and wid. ~ IT IS UNOERSTOOD tMt tFw word "Mwtp~por" wF~ether in tM sinyvlsr or plwal anywh~n in this Matype, sh~ll be sinpular if on~ only ~nd ' shall be plural iointl~r and ~evar~lly N more than on~, snd tMt tM word "f heir" as ~sed anywhen in this Mwtpap~ ahall b~ t~ken to mean "hi~ ""Mn," aso ; or "iti," wMrwer th~ conte:t so implies w admits. Abo, thst whe~ever there is a referenu in tha covenanri and p~eanend Mrein comairMd to any of o~ ~ rh~ puti~s herefo, th~ same sh+ll be c«utrued to mean as vwll as the I+~irs. I~al npresentatives, wooessors and assi~ro i~itMr volur?tary by ~tt of th~ ~ ~ partia o~ imduotary by opNation of the I~w) of the ~ame ~+d tMt ths covenana he.sin co~t~ined aF~sll bind and tl» benefin and advaetapp inur~ ~ to tl+~ rypatiw Mirs, Ipal represer?utiv~s, succetson and au~ns of tM ps?ties hereto. ~ = Md said N1ort9aycx~, for themselves and their FKin, Ieyal rep?esentatives, s~ocessors u~d ~uipro, hereby jointly a~d Kwr~lly oovenam and apr~e ~ t to ud with th~ ~aid MORTGAGEE, its wooasws ~nd auipns: ~ 1. To pay dl and sinpulu tFw p~incip~l and interest ud the v~rious and wndry wm~ of mone ~ ~ ^art9+pe, wch ~nd ~very. Dron?Ptly on th~ daya r~spectiwly the same sswwlly becarN dw. Y WY~ble by virtw of said promissory not~. ~nd tNs T 6 2. To pay dl and si~gvlar Nw taxes. ~ssesur»en. Iwi~s. Iiabilifies, obliQatio~s and encu~n?branus of ewry rwtw~ and kl~d notv oe safd desaib~d ~ propNty, a th~t FweaR~ may b~ irnpoWd, suffe~~d. P~+cad. Iwi~d, w a~eswd ther~on, or that hereahar may b~ kvi~d or ast~swd opon tl~k Ma1¢ ~ .p., a Mn ii++d.br.d,+.a s.u,?ed M.eby, sach and wery, wlrn du. a~+d p.ybk, aaordirg a I.w, befon tfiey bscane ddtnqv.m, and befor. any inr.r.a ~""a ~ an~ches w~~ryr ptrwlty a incvrred; ANO INSOfAR AS ANY THEREOF IS OF RKORD T1iE SMAE SHAII SE PROAAVTLY SATISFIED AND ~ISCH/?RGED OF ~ ~ RKORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR iHE SATISfACT10N PAPER OFFICIAILV ENDORSE~ ~ OR CERTIf1ED) SHAII 6E PtACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENTJ ard in tM ~wm tMt ~n~r tMnof is nol ~ pa~d, s~t:afied and dischNyed ia:d MORTGAGEE may at aMr t'ane psy tF+e same a~~ryr p~rt therwi withovt w~ivirg w affectirg any option, li~n, ~quity or ~ ~~pht under or by virtw oi thi~ mortysye and tM f~ll amoum of each and every wch paym~nt ihall be immediarely dw and payabk and sMll b~ar imK~st ~ ~•om the d~t~ tMreof vntil p~id at rste of nine per centum per ~nrwm and ~opether w~th ~~ch interest sMll be secwed by the lien of th:t mw9tap~. - _ - - ~ - - ~=~x' ~ - v ~ i ~n~~