HomeMy WebLinkAbout2656 • l ~~7~~ ~
TNIS IN~ENTURE, 111b~M the 1Sth ~y ~ October _ ~.o. i9_?S, b.nM..~
Paul M. Green and Svlvia h w
~
of • uC @ Cou~ty Flotida, htt~irwftK d~si~n~ted +s tM "MORTGAGOR;' and fIR51 FEOtRAI SAVINGS ANO LOAN
ASSO:,IATlON OF FORT PIERCE, e corpaation orq~~ind ~nd ~xati~y ~ndK ~h~ laws of tM Un;ted St~tN of Am~~ic~ ~~d havlnp it~ principal ~a oI
b~,siMas in tM City oi fo~t PiKC~, S1. luw Cow?ty, Flwida, Iw~i~aff~r deii~n~ted as IM "MORTGAGEE."
WHEREAS tM MORTGAGOR is jwtly ind~bled to th~ MORTGAGEE in 1hs tum of ~ 27 ~ 9O~' ~ . pOCd ~nd ~~wfvl rtwany of 1M Unifld
States advanced by 1M MORIGAGEE unto ths MORTGAGOR, ss ~v9denced by a certeio promiuory noa of even da~e Mr~vrith, of which th~ foltowinp in
= 2~ ~90~~•00 , ~r• ~o-w~r. 11000360
' • iat PiNC~. Fb.id~. OCtOb@I ZS ~y 75
fw value received, 1, we or either of oi, promise to pay, without defalc+tia+. to the order of FIRST FEDERAI SAVINGS /WD LOAN ASSOCIATION Of
FORT PIERCE at Fort Pierte, Florida, tht sum of =27 ~ 9~ with inrere~t from date ~t tht rdt of per +mum. mon~h~Y ~^=~~~F
~„ents as (oltows: S 235. ~ on the~th a.r ofJa~uary ~q_ 7~ and • lik~ ~um on tM twrespa~dinp day of eath month thKt-
afre~ until the whole be tully p~id.
Each installme~t first shal) be applied in paymcnt of ths interest and then on tl+~ unpaid balsnce o~ tha pincipal wm• If defsult is mad~ M tM
payment of a~y inatallmem when dus, a~d such defaull conlinws 30 days, then at tF~c option of the hotder, ~nd withovt ~ny otfier notice, sll ti?e remaining
~nstallmentt tihalt be due and payable at once. Privil~e i~ given to prspay this note in wFwl~ or in put ~t any Yun~ without penaly. Ne~ther forebearanc~,
nor accephnce by ~he holder thereof after any defautf iin ~ny payments hereon, shall be deemed extension. A late p~yment tharp~ of s 11 •7~q bs
added to each inst~ItmeM remaining unpa~d 7 days aftw it~ due date, and ~ like sum shall be added ~o each such in~tallmeM remaining w+paid 7 days aft~r
each sutceeding payment date.
Each makcr, surety and endorse? hereof, jointly and severslty, waives dcmand, p~csentment protest +nd no~iu of praesr for na+psyment, ~nd further
agrees ~o any exter+s~on of t~me of payment, eithar before o? aiter maturiry, witi,out ~ohce to any cf us; ~nd to pay all costs of colledio~, Gxludinp ~
.~asonabk attorney i fee in the event ot any default hereunder, ~nd hereby severalty waives sll bcnefit of Fwmestead and exemption u~~det the constitufio~
and laws of each State of the United States, as against this obligation w any extension w renewal hcreof.
Witness the Mnd and seel o( each party. , . .
S/ Paul M. Green ~wu
(~?U
Sy via M. Gzeen ~
(s~?U
~ $41.85 ~ S~ate Revenue
~~PJOW, iHEREFORE, the MORTGAGOR for the purpose of securing psyme~t of said sum of s 27 + 9~ , ~nd th~ Perfam+^a of Na
covenanb and ~greemenri hereinafte~ expressed, and ~or diven 9ood and valv~ble tonside~stans, by thef~ prtsert~s, does yrant, barsain, u~l, remise,
release, conrey con~}rm uNo the MORTGAGEE, its u?ccesson snd augns, afl that certain lof, p'~eu or puoel of land, situate, lyirg, and beinp in tIN
County of +~uCle a~d State of Fbrida, dewibed as fdlows:
Lots 55 and 56, Block C, TROPICAL ACRES SUBDIVISION, as per Plat thereof
in Plat ~ook 8, Page 26, according to the Public Records of St. Lucie
County, Florida. ~
By agreement of Mortgagor and Mortgagee on file v~?ith the Mortgagee, the
witfiin mortgage secures not only an !lxisting indebtedness, but also
ADVANCSS to be HBREAFTfiR Made by Mortgagee to Mortgagor, the aggregate
of vvhich will equal the principal amount specified in the promissory
note secured hereby. ~
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~ ~308'_60/~O j- o00
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STAMP TAa I
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~-za OfPi.~YENUE a ~C : ~ ~ ~ ~ ~ `~`S~
° _ = xav~a~a~` ~
aw9c ~ ~ IN PAYypi1T OF Tiu~c
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o: ~ - ~ 1 . ~ur~rr To ~~ri•1~,~ l~~n,
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together with all and singular the te~emenri, hertd7aments ~nd appunantes therevnto belonging or in anywise ~pperUinirg fhetefo. ud sll nnts, issues,
proceeds and profiu xuuing snd fo accrue (rom ssid pre~+~iKS, alt of which are uxlueled in the ~bo+rt and fonyoirg deuripfioo and habendurn.
TO HAVE AND TO HOID the sbove dew~bed and grsnted premises unto ths s+id MORTGAGEE, its wottsson u+d ~ssigns fo?tva• Md th~ s+W
h!OftTG R for th~ir ~us, executor:, sdminwtrators snd assigns, hereby ww~snb with th~ said MORTGAGEE, its woasson ~nd assipia,
f~a~ ~~e~ are _~~w+„~y uized of 1he s+id prem~ses in fee simpte: tMt the sam~ ue fne, clear ud ~ischarysd fran aU liem and ~ncunt
trantes in bw u in equity, ~nd that they will and thedr ~II wa?~M u~d defand th~ titb ro tM s+m~ to t!~ s+id
MOi2TGAGEE, its succeuon and ~ssigns, fwever syainst th~ lawful d~ims and dema~ of all persotat
~
PROVIDED, ALWAYS tF~st if the MORTGAGOR shsll psy ~nto the MORTGAGEE the promiswry note hereinbefw~ dauibed and shall twly, promptly
a~d fuily pe?fwm, d~xhsrge, execute, compk~e, comply with ~nd ~b~de by e~ch and ~very th~ stipubtiau, ay~eart~enn, condrtaro and aorvenanb of s~id
promitfOfy note ~nd of this Mortgage, fhen this Mwtgs~e and the Estste hereby aeated shall uas~ a~d b~ ~wtl ~r~d void.
F IT IS UNDERSTOOD that tt+e word "Mortyayor' whether in the singular or plwal anywt~en in this MatQ+pe, ~hall b~ skgvl~r if orn only and ay~
shall be plural 'pintly and severally if more th~n one, and that the word "their" as used anywhen in t}~is Nlwt~+pe sFwll be taken to m~sn "his," "hen,' p
or "its;' wF~erever the tonte~et w implies w admin. Alw, that wF+e~ever there is a ~eference in th~ covenants and ay~tements hasin coMained to a~y of
~he parY~es F~erdo, the same shall be construed ro mean as well ss the hein, ky+l representatiws, succeswn u~d usipns (titMr wlvntary by ~ct of th~ ~ ~
part~es or involuntary by operstan of the Iaw) of the same and that the covensnn hertin tontained shdl bind and tM b~nefin snd ~dvanfaQp kwx~ ~
to the respsc~ive heirs, kgd representativa, wcceuon and ~u~yns of the parties hereto. . r~ ~
And ~sid Mortys~ws, fa themselves and their heirs, ley~l representatives, wcctuon and ssig~s, htreby lointly and s~ver~lly oov~n+m and apne w, ~
ro and with the s+id AhORTGAGEE, ia s~ccessars and sssig~s:
1. To pay all and sirg~lar the printip~l ~nd interest and tF+~ vsr~ous ~nd sundry wms of morMY WY~ bY v'wtw of said promitsory not~, and thi~ ~
mortgaye. ~ach and every, promptly on tht days respect;vety the sam~ sewrally becane d~re.
2. To p+y all and sirgular tF+e tsxe~, useuments, levies, li~bilifies, obligatiom aod encumbranas OF fYlry M1W~ ud hind now on ~aid d~w~d
proplrfy, a ttwt hereah~r msy be impwed, suffered, pl~ced. kvied, or assessed theraa~, a tMt he~eaftu may 1» Iwi~d a~s~es~ad epon this Mor1¢
age, w tM i~dtbt~dnesi sacvred hereby, exh and wery. when due and payable, xcwfii~ ro law, befon 1My b~corn~ d~Iinqwm, snd b~fon a~r G?tK~st
arraches w amr penalty is irxurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNALL SE PROINPTLY SATISf1E0 AlVD DISCNARGfD OF
~ECORD AND 1HE ORIGINAL OFFICIAL DOCUNIENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfK1ALLY ENOORSEC
OR CERTIfIED) SHAII 8E PLACEO IN THE HANDS OF SAID MORTGAGEE WI?HIN TEN ~AYS NEXT AFTER PAYMENT; ~nd in rhe svent tFwt ~ny fM.~of is nw
pa~d, saY~fied and discharged sa:d MORTGAGEE may at +ny time pay the s~me or any p+M tF~ereof witho~t w+iriny a affectinp sny option, {ia+, equity w
.~qh~ under or by virtue of this mortga~e.and the full amount of each and e~rery such payment sMll be immediat~ly dw ~~d payabk a~ shall bear ifttHHt
~.o~- ~hr da+e +~e~eo{ v~~~~ aa d a~ rate of nine per untvm per •nnvm ar+d toqethe~ with suth interest ~hall be tetw~d by tM li~n of th:s morg+age.
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