HomeMy WebLinkAbout0617 319'?'86 ' ~ ;
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A.G. 19._.~ betwNn
~HIS INDENTURE, M+d~ Ih~ 23rd day of O tober TS i
Benismin E. Orndorf and Bvs~~.~. OYndo~ ~ is M e
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oi 1-ucie ~Ky ~;da, MrdM(ta d~sign~»d ~s tM "MORIG.IGOR;' and fIRST fE~FMt SAVINGS AND IOAN ~
A550CIATION OF fORT PIERCE, a corpaation wQuwad ~nd ~:iuin~ undN 11w lavr~ of tl» Un~tsd Stata of Am~riu u~d Mvinp it~ principal plac~ of
bvsiMSS in tlr City of iwt Pi«o~, St. lvci~ Cow?ry. Fbrid~, iwr~in~ftK d~a~p~~ad a.tM "MORTG/?GEE.••
WHEREAS tM MORIGAGOR is jwtly indtbt~d to tM MORi6/1GEE in 1M wm of ~~.~600.00 pood and lawful mawy of th~ Unit~d ~
Stst~s adv~nc~d by tM MORTGAGEE ~nto 1Fw MORTGAGOR. ~s ~vide~ced by s cert~in promiswry not~ of eve~ d~te M~ewith, of wh+ch tM followinp fn t
ward~ ~nd fipw~s h a trw copy. towil: ~
= 3y t~c~n _ eo ~ 13000179
Fort PiKC~, Fiwid+,~t0~r 23 19 75
for v~lw ~actived, 1, w~ o~ ~itMr of u~, promise to p~y, witFw~t daf~lcation, to tM order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIA710N OF
iORi PIERCE al fat Pi~rc~, florida, the ium Qi wirh inre?~st from data at the ~ate of 8•7~. per anrsum, tn monthly iraNll-
rnents u follows: s 30•~~ on the l~t day of December , 19 75 and • lib awn on th~ co?respa?dinp day of ~ach month tMte-
sfter until tix whol~ be fuily p~id.
Each insqllmeN firit shall be appGed i~ payme~t of ths interest snd then on the unpaid bal+rece of ths princ:pal wm. If default h made in ih~
paymsnt of a~y irutal?ment when due, and such defa~h contin~es 30 days, then st the optan of th~ holder, ~nd wi~hout sny othe~ ratice, sll th~ ranaininO
~nstallmenri chall be due a~d payable at once. Privilepe is given to prepay this note in who6t or kn psrt al ~ny time without penahy. Ntither fot~btaranct,
nw aaeptance by tM holder the~eof aitei a~y defsult in any payments Mreon, shsll be deemed axtension. A lats payment chirge of =1• 5O shall b~
added to each ini~atlmeM remai~ing unpaid 7 day~ afMr [ts dw d+le, snd a, liic~ wm shall be added to each iuch installment rem~ining uep~id 7 d~y~ ~ftK
each wcceeding paYment dale. -
0 Eath make?, surety and endwse~ hereof, jointly and severally, waives demand, presentment protest and notite of prottst for rwnpayment, snd furtMr
agrees to any extension of time of payment, either befo~e a after maw~ity, without ratice to sny of us; and to pay alf caslt of oollectioo, includinp a
reasonable attorney i fee in the event of any default herewider. ~+d M+~by severolly waivea aIl ba~efit of home~lead snd eaemption under the cOrolih?lion
and I~ws of each Sute of tht United States, ss ayainsl this obliyatan a any exttnsion p r~ntwal hereof. . T,
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Wit~eu tM hand ~nd seal of each pa~ty.
S/ Benianin F. Ozndorf ~
, ,
. (S~~U
(SEAU
S/ 6va J. Orndorf ~
~ 5.40 ~ srate Reverwe
~yll~ ~n-~ri~i~d +~Me~-
NOW, THEREFORE, the MORTGAGOR fw the purpose of secv?ing paymenl of said sum of s' 3~~~' ~ - Md tht p~rfonna+K~ of thf
cova~ann ~od ~yreements hetanaftei expreued, and fw divers ~ood ~nd wlwblt consideratio~s, by thes~ pr~sents, doa yr~nt, baryain, qll, remi~s,
release, tonwy snd confirm unto the MORTGAGEE, iri wuesson and assi~~s, all th~t oeruin lot, pi~o~ p p~rpl of I~nd, iitw», lyinp, ~nd b~inp tn th~
~~~y SL .~.LlCle ,~nd Staro of Florida, dexrib~d as foliows: h
IISE otlllf • ~ryG~~'~3~ '//~o~i '~l ~j
Lot 7, Block 117, PORT 5?. LUCIE SDCTION 27, according to the plat
thereof as recorded in.Plat Book 14, Page 5, of the Public Records of St.
Lucie County, ~lorida
~ti
By agreement of Mortgac~or and Mortgagee on fi1Q~ ~
' with Nortgaqee, the within mortgage secures ~o •
not only an exiating indebtedness, but alao ~~s~, o
ADVANCES to be F~REAF?E~' made by Mortgagee ~y
to Mortgagor, the aggregate of which will . ~'f `~'A
~ ~
' equal the principal amount specifiec~in the ~
j promissory note secured hereby. ~
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` This is a second mortgage from mortgagor to mortgagee, the first nortgage ~ f~ °;y-
~ beinq from Benjamin B. Orndorf and Sva J. Orndorf, his ~rife, in the original~ {~'s~'
, amount of $30,000.00 dated May 21, 1975, and recorded in O. R. Book 240,
Page 238, Public Records of St Lucie:County, Florida, Florida and it is ~
~ agreed that the mortgage debts shall be ~erged into a single indebtedness
~ and any default under the terms of this mortgage shall constitute a de-
fault as to both mortgages.
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~ royetiw~ with all and singvlar the tenemsnts, hereditameo» ~nd ~ppurlances tF~ev~to b~longirg w in ~nywist appert~ininp tha~b, a~d all r~nri, issup,
~ proc~ads snd profin acwuirg a~d to uuue from said premises, aIl of which ue inchidad in ths abov~ and forepoinp d~scription ~nd 1~+ba~dum.
TO HAVE AND TO HOIp the above deuribed snd granted premises unto the aaid AtiORTGAGEE, ifs wcces~ws u~d auiynt forewr. Md tIN said
~ AAORTGAGOR fw their ~~n, executws, adminiitr~tws and •ii ns, her us~.
~g eby covenann with rhs said MORTGAGEE, in suoaswrs and
~ rhst thev a re lawfulfy seized of the ssid premises in fe~ simple: th~t ths san» ~re fne. clear and diuh~rQed from ~II liens and ~r?
$
~ branas i~ law or in eqvity, and that they will ~nd •their ~~n sh~ll w~rr~rtt and d~fend the titk b tM s+m~ to tM Ntd
~ 7'I~ORTGAGEE, its succeisws snd usgns, forever against the lawful cl~ims and demands of ~II persoro;
~ PROVIDED, ALWAYS thst if the MORTGAGOtt sMlf pay unro the MORTGACsEE the promiuory not~ hereinbefwt dtxtibsd Nd sh~ll trvly, promptly
and fully per(am, d~sch~rge. executs, compk~~, comply with ~nd ~bide by fKFI a11d fYlfy 1FIt lfiP{IlatiOllf. prsemMn, conditiom ~nd covenants of said
: promiswry note and of tha Mortyage, then this Mutysge +nd the Estate hereby ueated sMll u~~ ~nd bs nvll a~d void.
~
IT IS UNDERSTOOD that tF~e word "Mortysgw" wFxther in the sirgular w plural ~nywhen in this Mortyape, shall be ~iegular if on~ only and
~ sMll b~ plur~l joimly u~d severally if mw~ thse on~, and that the wwd "their" as used anywh~n in this Mortyape sh~ll b~ taken to me~n •'hn,•• •'I~ars,••
c~ "ib," wherever the oontsxt so implies or ~dmits. Also, that whcrever there is a rtfe~ence in tFa coven~nn and +yreemtnb herein oont~inad to aqr of
the puties hereto, the same ahatl be constrved to mesn ss well as tM hein, leyal r~presentatives, successon and ~isigro (~ither volunqry by ad of t!»
~ psrties a imoluntary by operation of the law) of the same and that the covenants herein cont~ined shall bind and tM banefib afld ~YMt~q IfNlf~ d0
~ to tM respective M~rs, le9~l resxeuntatives, i~cceuws ar?d ass~gns of tM panies her~to. ' • ~~O
~ And said Mwtyayon, fw themselvts ar?d thsir hein, lepal rspresentatives, succeswrs ~nd assipns, her~by jointty and t~va~lly covernnt ~nd prN
to ~nd with the ssid MORTGAGEE, its svcceison and suiyns: ~
~ 1. To pay ~li a~d sirgvler the princGpal and interest and the vsriovs and iurd~jr ~wns of ma~eY paYabb by vi~tus of iaid promiswry not~, and thb ~
mo~rt9aye. ~ath and ev~ry, prompfly on tM days respectively the s~me sev~rdly becom~ dut.
' 2 To pay all a~d sirgular the taxes, usess~nents. I~vies, li~bilitie~, obligatiau ~nd ~ncumbrar~s of tvery MfYf! I[i~ ROW Of1 Nid ~ltllMd ~
# property, or that hereafter may be impoted, wfferd, placed..levied, a ~s+e~~ed tMrwn, a tha~ he?sahK may be fwi~d a~sats~d upon thi~ Mat~
3 apt, a th~ ind~btednau secured hereby, each and wery, when dw and payable, atoordinp to Isw, b~iaf tF~ey becorn~ d~linqueM, ~nd befon any ~t
~ attaches ar my penalty is incvrred; ANO INSOFAR AS ANY THEREOf IS OF RKORD TNE SAME SHAII 6E PRONIPTIY SATISf1ED AN~ OISCHARGED OF ~
~ RKORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAILY ENDORSED~
~ OR CERTIFIED) SHAII sE PIACED IN TNE HANDS OF SAID MORTCsAGEE WITHtN TEN OAYS NEXT AFTER PAYMENT; and in tFM ws~?t that airyr fMr~of i~ no1w~
paid, sat'sfied and discharged w:d MORTGAGEE may at sny ~ime pay the same w sny p~rt thereof without w~ivinp or affectiny anr optan, (i~n, pvily a V,
~ •iqht under w by virtue oi this mortg~ye and the full ~movnt of exh and every iuch paymeM shail be imm.ediately due and payabb ~nd shsll b~ar iiNa~st
kpn ihe date the~eof until paid at rate of n~rx per centum per ~nnvm and toge~hei w~th such ime~est shall b~ secwed by the lien of th:~ mwytape.
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l ~trF4 _ ~ . . yS P ~Ca"" Y .
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