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HomeMy WebLinkAbout0548 ~ ~~2~3~~:~j~7 TMIS INOENiURE. Made ~r,~ _ 16th_ a~y ot -.~C@l~b@I,,- ~ A D. 19 ?S_ ~ bet«cen : _----.I~_KenneLh_Sl~uin_ and _fe[anda..I-:- Sleuia:--bis--~rifa-- - - - _ _ _ of St . Lueie COUnty fi~r~da, hcre~naf~er d~f~.~+~a'~ ~ ey ~}~e "~dOk~GAG'~R" end ~IkS( /EGtRAI `>.?VINGS AhD IOAN ~~SO~~ATION OF FURT PIERCE, a tarpo~at:on o~ganice-d ar.d ex~stu~g unJe~ ihe !~•NS o( tht Unl~rd 5tat~s oi Am~nca and hav~ng ite principal ptace of b~smess in the City of Forl P~e~ce. St. lucie Covnty, Fiorida; hcreina:le~ drs+ynated os th~ 'YMJRTGAGEE." WHEREAi ~he MOR?GAGtIR is ~~s~iy indebted to the AtORiG:+vEE in ~he s..~n ni S 0~ , y~v~ and lawfut r*,onry .=i :1,e '!~~'ed ' . ? ,~.,tc1 ad:a~;ced by Ih'v ,:'.uRii.rAGEE tu`io the :!JkfLAGC1R, as c~.:~ir~:c:d t•~ i-n~,i~ ~:i:.~n~uor~ no!e of ~.<:q dete h_rrdr~th, of v.t~.ch thr foilorri~~9 ~n ...,:ds and hyuras ~s a!~ve coP~. toh~r. ~r „R ~ i 2~ ~~0. ~0 r. i~: 7^~.. ~ Hol 1000373 i ~ ~ ro,~ P,~,«. Fio~,aa, __December 1~ iv?~_ ; fo~ wa!~e rece~~.ed. 1. .vr er cither n~ vs ~~roA•~~.~e to ^~aAy. ~~~thuut ~lefr~c~t.~:'~., t•, :.:_i.~r c•+ :IR;1 iEDER~I SAVI~dvS AtiU lOAt1 A.`,SOCIATIO~! OF ~ ~ ..~1 P{[R.'~.E al fu•t r.erci•. ~iut•.~a. ~!,c s~;ri .11 :`O,ZOw~ OO _•~5' t_... .7ete a! 'fie to,u u?7J2.1°,~o F'.er dnnv'n, ~n mo~~!hly inlid~i- . ...s ~~.'or+a. S- 184. ~ 20~hv,~l ~f _.~81~~~-_ . 1y ~~2 ar.u a I~w^ s~m un the co~rc•spondmg Jay of each n~enth there- vrt:l mr ~rl,~~'e !~e ..,.iY He.d. } . } Eacle ~i.,!~.. c~ t~:•st ~h.,li b~_ ~.a ;-d ~n ~ ay~~,e,~:r of !h. i~,r•:r_•sr a;~:i ...i .~e ~•,Ne d i:.,l.,r.ce o! ti:e ;,nr.c { ol i~m_ If dvfa~{t is made in the ! ;nt oi ai~y in> . t en a~c : d s ~ i:ia., t cor~~~r.~;• s 3J oa~s, th"n a~ o cf the t~c f..•, a•id h~!h~ut an~ utf~er r•~f~cc, all tne remaining ; ,.~ns•nts sha~; L~~ ~..c ~.,d F.a~ e y.v~n tu F:~eF3y Itns m,;. .:i.;: r or in part a: any hme wiit:c;ut penalty. Nanher r(~orebearance. . ~_ep~te.~c2 b; the f~'~lc~ the,<...~ df er .j~v ~i.i.wN m.~~y p.~.'.~enis l~er~•n s.~. : c- .•d cxt~•~~v:cn A~~,+r ~.ei~.^.cni Chdtge of 's 9• `O Shall be ; J ru t..:h ~ns ~r:na•n,ng i• ~~;a.d . uepz e~ter its d~e datr, aud i~' sh,~' t,r ,,u~i:-J to e.i:h sud~ sta~!e:ient ~Cmain~;~g unpaid 7 days afTer , ~ s~cceedm3 F,a~rr.nf :i,r.: Ench n,a4,:r. .,~.i ~~:,d;:rc.r. O,v•..,` ~;,nri~ ,nd sr-.cr.~~~~, v.~~ves .~.l. E.•._..~~.r•~,~•nt pcotcst and ro~~ce oj protes! for nor~~ym~M. and further ,..:s to any car: o! r.~~ ~,t r, ~ or ~t,r n:,~~.,.ty ~ i_t . to :+n~ of us: ar.d to Fay atl tusts of co:+ec:ion, ini:~d;ng e ..~~L'c ar.o~~,~-, s~'_~ ~.~r> ~-,~.1 ~~tr~-, na:r, an~~ hsrc;,~ s: .,:.y ~.v.~+~.~s a!i be-~ef~t c! numast~ad and caernpt~o~ under the constitution +.~i p! ~..1. ;:_i•t c.• •n_' u:.:rd ~'.+•cs as .7~, st !!sis oi.~ 3a!i.:o Or dny • cr ~er~•_r.dl herEOf. :~~IncSi 1hn !:cn:j ..~,d S.di C4 c]~~-~ ~.drl:. e~ S/ J. Kenneth Slevin (SEAI) C IN MYi19tT OF TAXES - ptE ON ~U~ ~C 11RNIG18lE 1f~NAL MOP~Rn• ST Wanda J. Slevin pUR~MMf 1~ ClIAPi~R 71-134. l~'d OF 1Y71. (S~4U $ 30 . oo ~ ~~~y~ ~Po+1MS.~ytM e~~ - Slet~ ~ir~in:~2 ~ V~~R NlY~A ST. <W?G W~ fY\ x~c~x~ex~txxxxa~lc~xicx ~~li~yuu•-- 20 000.00 N^v.:, THERE~ORf, tfie !.'~ORTGaGQR ior the pvrpuse of :~con~36dayment of s~:d sum of S__ ~ ,•nd The performance of the _.::~ants and ~grer~~:er~ts hc~c~ns+rer ei~~ress~~d. ar:d for d~vera ga~d and ve!vab?e .cns:~~rafions, by these presems, does gront, bar9ain, se~t, remise, z_, c:;•~vey ar.d cor.f~rm unto the tl.JR~GA~,;EE. ~ts wccesscrs ar.d ass~g~s, a:, ri certain lot, ~iece w parcel o( Isnd, situate, lying, and being in the _,.oty of ________St. I'uCle and State o4 Florida, ~ie~:r;txd es follows: Lot 19 Block 15 of PINfi.dOOD SUBDIVISION, as per Plat thereof filed in Plat Book 5, at Page 24 of the Publi~ Recards of St Lucie County, Florida, and that portion of Lot 18, Block 15, of PIN~WOOD SUBDIVISION as per Plat thereof filed for record in Plat Book 5, at Page 24, of tt,e Public Records of 3t. Lucie County, Florida, described as follows; to-wit: Begin at a point on the line dividing said I.ots 18 and 19 on the Easterly boundary of Colonial Road; thence run Northerly along the Easterly boundary of Colonial Road 20 feet to a point; thence turn and run Southeasterly, parallel~with the boundary line dividing said Lots 18 and 19, 125 feet to the rear line of said lot 18; thence turn and run Southwe~terly, along the rear line of i said I.at 18~ 20 feet to the line dividin~ said-Lots 18 and 19; thence turn ; and run Northwesterly along the line dividing said Lots 18 anci.l9, 125 ~ feet to point of beginning. ~ t3y agreement of Mortgagor and Mortgagee on file vuith the Mortgagee, the within mortgage secures not only an existing indebtedness, but also ~1DVANCES to be HfiRFAFTER made by Mortgagee to Mortgagor, the aggregate of which vrill equal the principal amount specified in the promissory note secured hereby. ~ ~~~:er w~th a~! ar.d si-~a~~~a~ fhe ter.emen!s, he~ed~tamen:s and appw.tances thereunto belonging or in anywise appertaining thereto, a~d ~II ~eMS, iisuef, .:_eeds ard prof:rs accru!•~g and to accrue from sa~d prem+ses, ait of wFkh are ~ncllded in the above and toregoing destription and habendum. TO HAVE AN TO J1'JiD tne ahove desc~~bed and granted prem~ses unto the said MORTGAGEE, its iutcessors snd assigns forever. And tFw Nid .•::RTGACa(;R for -~hell heirs, executors. adrr~~r~fstra~ors and ass~yns, hereby covenants with the said MORTGAGfE, its successas snd ~u'pra, ~ ~--~1~~[--dZe-- 'a+.?~;1y se:zeti of t~e sald premises m fee simple; that the same are Iree, dear and dixharged from sll liens and encum- •.-.+~•-_es m law o~ ~r, eyu~~y, and that___.~6}C _ wdl and _ ~1Z___ heirs shafl warrant and defend the title to the same to the said ~ ::KiGAGEE, ~ts wtcessors and ass~gns, (orerer against tne lawf~! claims and demands of all persons; ~ PROVIDED, ALWAYS shat if the MORTGAGOR shaN pay un!o the MORTGAGEE the p~onussory note hereinbefwe described aod shsll truly, promptly i fu~:y ~erform, d,scharge. eaecote, compiere, cornply with and ab:de by each and every tF~e stipulations, agreemems, co~ditions and tovenants o~ said f _,,ise.y nore a~d of this Mortgage, then this Mcrtgage and the Estate hereby treated shall cNSe and be null and void. ~ IT IS UNDERSTpOD that the word "lr.arrgagor" whether in the s~ng~lar w plu~al anywhere in this AAwtgage, sh~ll be singular if one only ~nd t ~ be plural ;ointly and seve~aily if more than or.e, and that tbe word "fheir" as used anywhere in this Hbrtgage shall be faken to mesn '"his;' "hen;' ~ s :!s, v.here+er the context so imp:ies or ad~nrts. Alw, that wi~rever there is a ~eferente in the covenants and agreements herein contained to any of ~ ~ = parties hereto, the same shatl be co~st~ued to mean as well as the heirs, legal representatives, sutcesswf a~d assigro (either volunfary by atf of tht ~ ,~•+~es or invo~untary by operation of the 7aw) oi the same and that tRe covenants herein contained ~hall bind aod the benefits arxl adwnta9q inure ; r~~e respective heirs, legai rep~esentatives, successors and asrgns of the parties herero. ~ And said Mortgagors, for themselves and their h~irs, Iegal representatives, successws snd assgns, heteby jointly aod sevpally covenant ~nd agree and with the said MORTGAGEE, its successors and assigns: .r 1. To pay afl and sing~la? thE prirxipal and interest and the variovs and sundry sums of_money payable by virtue of said promissory note, ~nd this ~-o+fgagr, each and every, promptly on the days respectively the same severally become dua 2. To pay all and singula~ !he taxes, assessments, levies, ?iabilities, obligations and encumbrances of every nsture and ki~d now on sa+d deKr~bed property, or thst hereafter may be impoted. suFfered, placed, levied, or assessed thereon, or that hereafter may be Ievied or usessed vpon fhis MorT¢ 3,e, or the indebtedness secured hereby, each and every, when due snd payable, acc~ding to law, befae they become delinquent, and befwe any intetest -'~-ches or any penalty ~s ir.curred; AND iNSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE FROMPTLY SATISFIEO AND OISCHARGED OF 1 rE.ORD AND THE ORIGf~iAL OFFICIAL DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFIGAIIY ENOORSEO CERTIFIED) SNALL BE PIACED IN 1HE HANDS OF SAIO MORTGAGEE WITHlN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not - d, saYSfied and d~scharged sa'd r1GR?GAGEE may at any time pay the sarr+e or any part thereof wi~hout waivi~g w sffecting any optio~, lien, puity or •~~ht vr.de~ er h; v rtve of rh~s mortgage and the fu~l amovnt o~ each jnd every such paymem shaU be immediately due and paya6le and shal! bear interest ~ • . •e~r of ~~~e per cenwm per ann~m and together w:th such inte•est shall be secured by the lien c~ t~ s~ o•g~age ~ ~ _ ~ ~s;,.$°~'~`,.~` ' ~ ~ ez u~~``.~ ~'"~'.S~.r~N. - - ~ ^~'~S .-s-~o- 3, .