Loading...
HomeMy WebLinkAbout0561 . : ;~i.~oo 4~ THIS INDENTURE, Mad~ th~ Zist' da of NOV!!~@r A.p, Iq 75 , b~twt~n Sandza A. t~asters~ s s ng ~ s of St . 1.ILC~e • „ Cpfi~y p~a;da, he~e;oaftN ds~ipnsted a~ the "MORTGAGOR;' and FIRST fEOERAI SAVINGS AN~ LOAN ~ ASSOCIAiION Of FORT PIERCE. ~ cwpw~tioe~ wy~~ized and •xi~ting unda ~he laws of the Un~Nd Su~~s of Ame~ic~ and h~vinp iri principal pl~c~ of y buiirnss in th~ City of Fu~ PiKC~, St. lycie County, Fiorida, hK~f~N d~iipnat~d ~s tM "MORTGAGEE." ~ WHEREAS iM MORTGAGOR is jvstly indebttd to the MORTGAGEE in the tum of = , good and lewful money oi the United ~ Stafes advarxed by Ihe MORTGAGEE unto 1he MORTGAGOR, as evidenced by • certain promwsory note of even date ha~ewith, of which the (ollowinp in wwds and f' ursi ia a true copY. to-wit: = 27, 20~.00 ~ r,~, 130001A9 t Fat Pieru, fio.~d., Nov~aber 21 19 75 ; Fw valve recciv~d, 1, we or either oi u~, promix to pay, wi~hout defelcation, to tne order of FtRST FEDERAI SAVij1GS AND IOAN ASSOCIATION OF ~ 27 200 00 FORT PIERCf af Fort Pi~rce, Florida, fhe sum of S-l-- ~ w:~h interest from dde et the rate of __-9G per annum, in enanthly instat{- f meMa as foltow~: = 2~ on the2~th d,Y or _March ~9 76 and a like ium on the correipond~np day of each month there- ~ af1e~ until the whole be fully paid. ~ Each i~stailment first thall be applied in payment of the intereit ~nd ttu~ on the unpaid balance o( the princ~pal sum. If default is m~de In tM $ payment of ~ny installme~t when due, and such defauh continues 30 days, the~ at tho optan of ths holder, aod without any othe~ notice, sll the remaini~g ]nstellments shall be due and payable at wue. Privilsye is given to Prep9Y th~ ~te in wFwle or in p~rt st H?y time w~thout penahy. Neither forebea~anu, na ~ceeptancs by the holder tixreof after~a~y defaull in anY pry~»eny hsreon, shall be de~med exlension. A bte payenent ehargs of = 11.45 ~ added to ~ach iostallmeM rcmaini~g ~npaid 7 days •fler ks dw date, ~nd • iike aum shall be added ro eech svch ins?aNment remaining unp~~d 7 days after each svcceediny paYment _date. - - - Each maker, s~rety and endorser hereof, jointiy and severally, w~ivea dem~nd, presentment protest and notice of protest fa rwnpaymeM, ~nd furtFMr agree~ to sny extensic of time of payrtKnt, either before w a(ter maturity, without notrce to any of us; and to pay all costs of collzction, includinp a reasonablw -attwney i f_e in tAe eveni oi an~l tleiauh hereundei, and hereby severally waives all benefit of homestead and exemption under the tautitutan ~ and laws of each State of tne United States, as against this obliqation w any exteosion a renewal hereof. . 4 Witness the Mnd snd xal of each party. ' Sandra A. Masters. a sing~~}dnlt ~ • csenU (SEAy (s~?U ( ~ • ~ ~ Stats Revenue (&wnp~ aw~ikr ~w ~iyind~w~e} NOW, iHEREFORE, the MORTGAGOR fa the purpox of securing paymeM of said s~m of S 27~2~'~ ~nd tha perforn++nce of tM covenants and agreemenrs hereinsftcr expressed, and for d~ver~ good and valvable tonsiderations, by ihese preients, does 9r~nt, bar9~in, sell, ~emiss, ~ release, tonvey and confirm unto the MORTGAGEE, its succcsw~a snd as~igni, sll that certain lob piece or parcel of land, situete, lyirg, and beirg in ths # i Camty of $.t~ Is~eie and State of Fbrida, dewibed u follows: j ~ Lot 24, Blxk 99, PORT ST. LUCIE SECTION 27, as per plat thereof on file in _ Plat 8ook 14, page S, public records of St. Iucie County, Florida . By agreesent of Moztgagor and Mortqagee on file with aortqagee, the witbin sa?rtgage secure~ not only an existing indebtedness, but also ADVANCES to be HBRBAF'TBR sade by Mort9ages to Moztgsgor~ the aggreyate of which aill eqoal the principal aawnnt specified in the proaissory note secured herebq. APPMISER$ u~ onut ti.3 ya0 -(0 3 D-~(0~6 p oa ~ - ; ~ _ i ~ STAT~ ~i_~~=?~~~~~ ~ ~ DO~~UMEN?ARY__-~_ ST~:NlP T:.~. ~ - ~ OFt~~ ' ~ ~ ~ :,L ~ ~ ^ ~ H E Y E 1 iJ E ;y-i~T ~ : _ E RECEIVE~ . {N PAYMEM~~1Y, ~ ~ Z~~-„ ~ - ~B. = M'YZb'75 ~ ~ 8 ~ ! DUE ON CIA~'C~~ ~~t~ ~ ~ 1971. yIl ( ~ ~ ~ j t2 , ~~i .~j~ ~p.. RA ~ ` CtFRK C1Rl~tlR GOUR~. TZ. ltlCtf ~ ~ ~ ~ ~ together with sll snd singula~ the tenements, hereditaments ~nd appurbncea iherevnto belo~ging w in arrywise appertainirg tlw~ero, and all nnts, istws, ~ proceeds and profib ~ccruing and to acvue from ssid premises, all of which ~re ind~xied in ~he above and fwe9oirg d~auipt'an and habendurn. TO HAVE AND TO HOtD the +bove dexribed and granted p~emises ~nto the said 1NORTGAGEE, its succcssors ani~ suiyns 4weva. Md tlw s~id ' MORTGAGOR for - hQ1 hein, exec~ton, admin;strators snd aasigns, hereby covenanti with the said MORTGAGEE, its successors and auipra. ~ rhat she 18 ~~ully seized of the said premise~ in fee simple: t1~t tM same are free, ckar and discharged froen ~II Ikns and M+ainr ~ brantes in lew w in eqvity, and that She will and heZ hein ihall wsn~nt and defend the title to tht sarrw to tiN said ~ ~ MORTGAGEE, its successws snd auigns, fwever ayainst tF~e lawful claims and demands of all persons; ~ ~ PROVIDE~, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefwe desvibed and ~h~ll truly, promptly ~ s a~d fully perfwm, d~scharg~, execute, complete, comply with and ~bide by esch ~nd every the stipulatans, a9reemtnb, conditioru and covenanh of uid _ promisswy note and of this Mortgaye, then this Mortgsge and the Estate hereby aested shall cea~e and be nutl snd void. = IT IS UNDfRSTOOD tMt the word "Mortyagor" whether in the tinyular or plural snywhere in this Matyaye, shall be sinpular if one only and ~ y fhsll b~ plural jointly and ieverally if more tMn w~e, snd that the word "thei?" ss uied ~nywhere i~ this Mortgape shall be t~ken ro rtwaa "his.'• •~Mrs•• ~ ~ or "its;' wherever the context so implies w admirs. Alw, that wherever there i~ a refe~e~ce in the covenants and ayrecments herein contairnd to a~y of ,y~ " the parties hereto, the iame shall be co~ttr~ed to mean a~ well s~ the hein, legal ~epresentatives, successon and essiqns (either volum~ry by ad of fh~ ~ ~ parties o~ involuntary by operation of the Iaw) of Ihe same and that the covenanti lxrein contained shall bind ~nd the benefib and ~dv~ntapes inur~ ~ to the ~espective heirs, legal repreientatives, successors and eis~gns of the parties hereto_ ~ Md said Mwtysgors, for themulves ~nd their hein, leg+l ~epresentatives, succeuors Md ~siiyns, hereby jointly and iever~lly cov~nsnt and ~pr~e y,~ r ~ to and with tFw iaid MORTGAGEE, its successors ~~d suigm: a ~ pay ~II ~nd sinpular the principsl •nd inraest snd the various and sundry sums of monsy payabte by virw~ of said promistpy nof~, ~nd fhi~ ro ~ 1. To ~ ; ~ mortg+pe, each and every, promp~ly on the d~ys respectively the s+me sev~rally becan~ d~re. ~ # ~ 2. To pay all ~nd N~gula~ the tsxes, assessment:, levies, liabilities, obligatio~s and encumbrances oi every nature and kind now on said dtsuib~d ~ properry, w rMt heresfrN may be imposed, wffered, pl.ced, kvied, w ~ssessed tFxreon, or that hcreafre~ rruy b~ kvied a aueued upon this /Mort~ ~ ~ge, o~ th~ irdebtedness secwed Fxreby. ~ach and every, when due and payabk. ~ccadinp ro law, befws they becom~ d~linquent, ~nd b~fort u+y int~r~q ~ attaches u any penalty is incurred; AND INSOfAR AS ANY THEREQF IS Of RKOR~ TNE SAME SHAII BE PROMPTLY SATISFiEO AND ~ISCHARGED Of Q~ ~ RE~ORD AND THE ORIGlNAL OfFICfAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TA% RECEIPT OR THE SATISfACTION PAPER OfFIC1AlLY EN~ORSED z~ ~ OR CERTIFIED) SHALL 8E PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFiER PAYMENT; ~nd 'm the ~vem th~t a~y th~reof is no1 ~ paid, sat's(ied ~nd dixharged sa:d MORTGAGEE may at any t~me p~y the s~me or any part thereof without waiving or aifettinp ~ny option, li~n, eq~ity or ; .iqht under or by virtue of this mortgage and the fufl amount of esth and every such payment shall be immcd~ately due and payable ~nd shall bear int~r~st ~ kom the date thereof uroil psid at rate of nine per cemum per •nnum and topdher w~th such inrereit shall be secured by the lien of th:s rtwrytpe. :3 ~3r .J x ~ ' ' G~~-. . ~ _ ~gy. ~ ~~.~.......-"~.~:~:~.,~~'~.~.vrG~...F~a'~.~ _y,. . ~ws~,uiL~'~