HomeMy WebLinkAbout1035 ~ 32U4f'7 ~
THIS INDENTURE. NI~ 1l~~ 29th ~ of OCtO~r ~ 19 75~
_ Stephen L. Chapman and D~ane T. Chap~an,, his ~rife .
of - St. G~1C~@~~ Fiwida, hptin~ttK dtsiynatrd ~s tM "MORIGAGOR;' ~nd fIRST FEDEiAI SAVIN35 tit~iD IOAN
ASSp;,IA?ION Of FORT PIERCE. ~ c«porat~on wyani:~d and ~xiitinp wwlK tM I~ws of tM Unitd S~u~f of Am~riu and h~~iny it~ pMcipa) plaq of
buiine~ in tM City of Fwt PiKC~. St. luci~ County, flaid~, Mninafltr d~sg~at~d as tM "MORTGAGEE."
WHEREAS th~ MORTGAGOR h iu~tiy indtbttd to tM MORTGAGEE i~ tM ~um of ~ 19 „ pood and lawtd money oi tM United
Siates adwnc~d by tM MORTGAGEE unto th~ MORTGAGOR, ~i avidenced by a caru;n p~omissory not~ o( ewn dat~ herewith, of whk~ tM foltowiny in
words ~nd fipuret is a trw topY, f.-wih
s 19 . 200. 00 r,~,l l~
f~ P~«, October 29 ,
fo? value received, i, we w ei~he~ of us, promise to pay, without deialcation, lo th~ ord~r of FIRST FEDERAI SAVIkGS AND LpAN ASSOCtAiION OF
FORT PIERCE at Fat Pierce, Fbrida, lhe sum of = 19 with interest (rom date ~t th~ ratt of 9 9fi p~r sr+num, in monthly install-
~:~e~ea sa loltows: S~~sQO .~~id,y of ~eeember 191~ ~nd ~ like sum a+ tM carespa~dinp dsy of esch month therr
atter until the whole be fully p~id.
Each i~+stallment fint shall be app~ied i~ paymenf of ~hs iMere~t and then cn the unpaid b~lance of the prie?cipsl wm. If defsuh h mad~ in tM
pa~ment of any imtallment when dw, and such default conti~uet 30 d~ys, then at the oprwn of the holder, and without any other notice, ~II tM rem~ininp
:ns~al?ments shall be due a~ payable at once. Privikye is give~ 1o prepay tha noie in whol~ w in p~n at any tim~ withoW pen~hy. NeithM fot~ba~annw,
nor accep?ance by the holde~ tFuraof after any default in any paymenb hereon, shall be deemed extension. A late paymtnt tharye of s 8• 1O. iMll bs
ddded to each instalime~t remain~ng ~npaid 7 days af~er its dus date, snd a tike ium shall be added to each such initallment remaininp unp~td 7 day~ ~hK
each succeeding payment da~e. .
Each m~ker, wrety and endorser.he~eo(, joinHy and severally, wlives demand, presentmem protest and notice of proteff fw na~payme~t, and RittMr
a~rees to any extension of time of peymcnt, ri~her be(ore w after ma~u?ity, withouf norice to any of vsi and to pay all costs oi collection, includ'ug •
resso~abte attorney a(ee in the event oF any defauk hereunder, snd hereby u~aslly waives all bertefit of Fwmestead snd exemption und~r ths oonstitufioe~
,;nd laws of each State of ~he United States, ss aga~nat this obligatio~ w any exte~sion w?enewal hereof.
Wimess the hand and se~l oF each parly.
' ' S/ Stephen L. ChaRman ~
ane . apman ~
. ~u
l ~ ~ ~ 8O ~ S~ata Rsvenu~
x~cx~c~~c~c~~coaca~ .
NOW, THEREFORE, ths MORTGAGOR for the p~rpose of secv~i 19 ~ perfo~msncs of th~
ng p~yment of ssid sum of S , and fht
covenants and agreements herei~aitt~ expressed. and for divers good ~nd valwble considerations. by thei~ presant~, dots pranf, bar~ain, s~ll, temiss,
retea:e, canvey and confirm u~to the MORTGAGEE, its suctessors and asaigns, all that certain lof, pieoe or p~rcet of land, ~itvate, lyinp, and beir~ in th~
Couny of St . Lucie and Sut~ of fbrida, desvibed ~s fottows:
Lot 10, Block 11, LAKE{~AOD PARK UNIT ~2, as per Plat thereof on file in
Plat Book 10, page 56, of the Public Records of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the
within mortgage secures not only an existing indebtedness, but also
ADVANCfiS to be HfiR6AFTCsR made by Mortgagee to Mortgagor, the aggregate
of which will equal the principal amount specified in the promissory
note secured hereby.
. . . . . . . . . . . - • . . . . . . . . . . . . ~RAISERS • /J~/~, /~p~"'~~~ / ""O~ ~
.~n USE ONIY •
y _ STATE oF FLC~R~lDA~I
o~ ~OCUMEIVTARY
~y tn p£FT. pF REYE11iUE S TA M P i~i
'1 ~r ~
' ~ - P.. _ ~r3~'~ ~ ~-s. e a' ~
~ . cy - t~~o2~ ~ry.' • ' . ~ R~FJYm " IN PAYM
I ~ ~ ~
P . + DfE OIi d/?~'C INTAfiCtBlE PE1tSONA! PI~PERIY~
~ • . , . . . . . . . PURSUAI~fi i0 C11AP'IER 71-134. ACTS OF 1911.
~ ~Il
- tXERK qllOUR OOUR~ Sf. LtlCIE C~~ FU4
~
t , .
regerher with all and sir~gulsr tMe tenements, hereditaments a~ ~ppunsnces thereumo belonging or in anywise ippertain&g ther~to, and all nab, is~u~s,
p~oceeds and profits acuuing and to accrus fiom said premises, al! of which are inclu8ed in tht abov~ and fwpoirg d~seripfia~ ~nd IMbe~dum.
TO HAVE AND T HQtD ths ~bove dewibed and granted premises uMO the said MpRTGAGEE, iri suopsfas ~nd
assipns forswr. Md th~ sald
~ !.;OR7G R(w ~ t el r-~;,,, executon, administraton and suign~, hereby cov~nants with th~ said MORTGAGEE, its woutwrs snd qtipns,
rhar -~ey are ~~~I! seiud of the said
Y premiies in feg simple: that tFr tame u~ fr~e, ckar and dbchH~d froen all li~na and ~ncwo-
~ o~ances i~ law or in equity, a~d that they W~~~ thelr ~~~y wurant and dtfend t!N titb 1o tM sarm to tM said
-~!ORTGAGEE, its succeuors and asiigns, fweve~ ag~inst the lawful claims and demands of ~II p~rsonsj
~ PROVIDED, ALWAYS that if the MORTGAGOR shall
r~d full rform, d~xl»? P+Y unto the MORTGAGEE the prorriisso?y note h~reinbefw~ d~saibed and sh~11 m?Iy, promptl~r
~ Y pe gs, execute, compkte, comply witb and abide by each and every th~ itipvlataro, preemenri, conditian and cove~nn of iaid
orom~ssory note ~nd of this Mwtgape, then this Matgape and the Est~te hacby ueated ahall ceas~ ~nd be rwll and void,
~ IT IS UNDERSTOOD tMt the wwd "Mwtgsga"' whethn in the singutar or plur~l anywher~ in thia Mat9a~, sh~ll bs sinpular if on~ only ~nd
; shall be plunl jointly and ~everally if mae than one.-uid that tM word "their" as used snywhtrt in this Matyay~ sFwll b~ t~ken to m~an "I~is,'• `F»rs,••
or "its;' wherevet the conteat so implies or admits. Also, that wF?erever there is a reftrence in the covsnaob and aprsemenb Mrein contai~ed tp any p( ~Q
~ ihr parties F~ereto, the sarr» shall be comtrued to mese ss welt as the hein, kyal npresentatives, wuesson and aysipra (~itlw~ volvntary by act of iM p
~ Rareies w invol~msry by operat~w? of the iaw) of the surK and thst the covenanh herein contained ~II bind and tM ben~fib and advanf~pp inur~ n~
+u the respecriw hsirs, le9al repreientetives, successors and au°yns o! the puties hereto. ~
~ Md said Mortga~on, fa themselves and thei? hein, leyal representativd, succes~ors and augro, hereby joiMly and wr~rally covan~m u~d ~ynt ~i
~ ro an~ :Yith the taid MORTGAGEE, its successws and assigns: ~
~ 1. To pay all and sirg~lu tht p~iocipal uid interett and the w~ious ~nd sur?dry wms of morKy p~YaW~ by virtw of s~id prpnitfory not~, and tNs
mwr9sye, each and we~y, prompUy oe iFw days respcst"ndy tF~e tam~ swtrdlr becorn~ dw. ~
~ 2. To p~y all snd siigular the tsxe~, ~ssessmenb, levies. liabilities, obtgations snd enpimbrae~ces of ~wry natun a~ kind r~ p~
~ propNty, w tMat F~ere~ft~~ may be imposed, suffend, placed. Iwied. or 'awssed thereon, or that hereafter may b~ I~vied w aas~ss~d upa~ tHs Mat~ ~
~ a9e, w tM indebtedneu secured her~by, sach and avery, when due and payable, xcordiny to law, befa~ they becorn~ delinquerM, and btfon ~np tM~na~
a+reches w arryr pen~rlty is incur~ed; AND INSOfAR /15 ANY THEREOF IS OF RKORO THE SAME SHALL bE PROMPTIY SATISfIEO AND DISCHARGEO OF
RECORD AND THE ORICsINAI OFPICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACiION PAPER OFFICIALLY ENDDRSED ~ ~
- OR CER11f1E0j SMAII SE PtACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMEM; and in the ~v~nt that ~ny thereoE ir nol f.
paid, saYSfied and dischuged sa:d MORTGAGEE may at any time pay the same w any part the?wf vrithout wsivinp w sffectinp ~ny option. Iien, puiry p
•tqht under or by virrue of this mortgaye and the f~ll amouM of each and every wch p~ymenf ihall be immediat~ly dw and p~yab:e •nd shali bea~ intere~t
trom the dare nc~•eof unr~l ra d a~ .afe o/ nint p~r centum per arnwm and toyetF~er witF? suth inferest shsll be stcured by tIk Iien of th's morgtage.
- " ~ .r~_ ~ ..~_.r_ - -
~~Tw`~ .