HomeMy WebLinkAbout0134 32~t~3~~ 3 4
THIS INDfNTURE, Msd~ ihe 16th day of January ~/~,p, ~q_ 76
David N. Partrid9e and Ju ~~PAi`tl~d4B~ his wife
of SL . ~d~C 1@ County Fluid~, Mrein~(tK d~~ipnat ~s the "M OR," and FIRST FE~ERAL SAViNGS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ corpw~tion wpsois~d ~nd exi~tinp un~r 1hi bwt of th~ Un~ted Sut„ of Art~ic~ ~nd Mvinp hs QrirKlpal pl~a of
busi~?ps in NN City of FoA PiKU, St. luw Covnty, florld~, I+~reinahK d~~ipnaf~d af tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is jwtly lndebted !o tM MORTGAGEE in tM sum oi ~ 22 > SOO . 00 , yo~ ~~„r{~ ~y of 1M United
St~fe~ adv~nced by the MORTGAGEE ~nto the MORTGAGOR, as avid~nced by ~ cen~in promiuory note of evsn d~te herew~~h, o( which tM followinp M
wads and fipures i~ • trw copy, to-wit:
=22.500.00 ~ 10021741
Fort Plerce, Fiw.~d•, JanuarY 16 ~y~_
Fp value receiv~d, 1, wa w eithe~ of us, promiss to pay, without defaltatlon, to ~he orde. of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fat Piacs, Florida, the sum of : 22~ 5~0. ~ w~th interest (rom date a! the rate of 9 96 per amum, in monthly install-
ments ~s followi: ~ 203 on thc day of 1?~larch , 19~_ and a like sum on the correip«wd~nq day of each month ther~- -
a(ter until the whols bs fully paid.
Each iroullment first shatl bs applied ;n p~yment of the inte?est and tlu~ on the unpeid balante of the princ~pal sum. If dtfault is m+ds in tlw
payment of any inatallment when due, snd wch defsub contii+ues 30 dayt, thc~ at ths option of the holder, apd without any other ra~ics, all the rsmaininp .
insallmenb shall be dw a~d payable at once. P~iviNya i~ given to prep~Y this rwte in whol~ or ir~ part ~t my Yma without penalty. Nei~hcr fuebearancs.
no? ~tcepta~ce by the Iwldsr th~~eof afta any default in ar~y payments hereon, sMll be deemed extenaan. A late payment charge of Sl~.ls , shall b~
added ro each in~tallmcM remairwr~y ~npaid 7 daps afl~r ifs dw d~te, and a like sum shall be added to each such insta{tment remaining unpaid, 7 days aftq
each svcceedirg paYment dats.
Each make~, surety and endorur her~of, jo~ntly. end stverally, waives dtmand, prexntme~t proteat end notics of protqt for ranpayment, ud fwth~r ~
agreas to any eatension of time of payment, either before a sfter matvrity, without notice to any of us; and to pay all cwtt of collection, inclvdi~p a
ressonabk attaney's fee in the event of any defauh F~eunde~, and hereby severally waives all benefit oi homeatead and exemption under ths conslitutio~
and lawt of each State of the United 5lates, ss agsinst this obfiystion or any exeension or rer~evyrl. ~t~of. ,
Witness the hand and ~eal of eath party. •
S/ pavid N. Partrid9e ~
w
.M, r~ ; r s ~ 41' r t S/ Judy L. Partrid9e ~
(S~I?q
r $33.75 ) st,r~ aevenw _ . (SE/?U
NOW, THEREFORE, the MORTGAGOR fa the p~fraos~ of secwing payra~nt of ~aid wm of s 22 ~$0~• ~0 , and the pafwmsna of the
covenanb and aQ~eements her~inafter expreued, end for dive+s yood ~+d v~lwbt~ conaider+tions, by these presents, doss g~ant, baryain, sell, ~emiss,
release, convey and confirm ~rnto the MORTGAGEE, ib suuessors and aa~iqnt, all tMt certain bt, pieoe or p~rcel of tand, sitwte, lying, ~nd beinq in tl»
County of - St . L11C 1@ , and State of Florid~, dew~bed as follows:
Lot 15, Block 67A, LAKEWOOp PARK UNIT 6, as pez plat thereof on file
in Plat Book 11, page 7 of the public records of St. Lucie County,
Florida USE ON~YS •~~0~ ~0~ - 4~/~" 00 ~
By agreement of Mortgagoz and Mortgagee on file ~?i~h
Mortgagee, the within mortgage secures not only an
existing indebtedness, but also ADYANCES to be HERE-
AFTER made by Mortga9ee to Mortgagor, the aggregate
• of which will equal the principal amount specified
in the promissory note secured hereby. - ~
-~.,~-TA?'~ ~F F~~;~; D:~. ~ ~r~
' t': `n C: M f ti: q R` 5 I l; .M, T!•. } REC~fIV~ PN(MB~f OF LN~3
I~ `c " t: ~ S~~f i~~YE `UE ~
~ ' - ~ DlE ON CIASi'C~'~(~1~~AI~Ci18lE /'f~l~
y ~ . - M~rI[A 1~'1~~
i _ n~2 ~ r'~'~ 3 3. 7 5 1 Pu~su~r ro ncr~ oF
~ ~ _
; Q ` ; e z ~ = : t~et ~w~s
a~nc cu~vrt oou~, sr. wc;~ oo, ~
~ . .
( royether with all snd tingulu the ten~ments, hereditsmenb and apptrrt~nces tin?eunto beiongirg w in anywist appertalniny tMrero, and lll r~nts. Isaws,
proceeds and profin acvviny and to ~ccnre irom said premise~, all of whicfi u~ included In tl» abov~ .nd faeyoinp d~aaiprion and Mba~dan.
~ TO HAVE AND TO HOID tht abovt described and yranted premises unto the said MORTGAGEE, ib wueswn and ~uipro forowr. Md th~ Nid
~ their
~ MORTGAGOR for hein, executon, ~dministrators and suiy~, hereby tovensnb with the said MORTGAGEE, its ux.teswrs ~nd ptipn~,
~ rMr they~ are lawfully seized of tM ssid p.~mi~s in ie~ simple: th~t tM same ue fne, ckar ~nd d'ncF~~rged kom atl lism and encunr
~ brances in law w tn equity, a„d rhar t he v M,;~~ t he i r he;rs shall warr~nt snd d~fend tM titk to the ~a+ew to the s~id
E MORTGAGEE, its succeuors +++d ~stiyns, fo~ever sgainst the lawful claims and demands of all persom;
PROVIDED, AIWAYS tlut if the MORTGAGOR shall pay u~to t}?s MOkTGAGEE tFa promiuory note hereinbefore dexribed ~nd shall truly, promptFr ~
end fvlty perform, d~scharye, exscute, compl~te. comply with ~nd abide by each and every the stipulatio~s, agreemer?ri, conditions ~nd ooven~nb of said
promiuory nott and of this Mortpsye, then this Mwtpaye and tF~ Esute henby neated ~h+ll cessa ar?d b~ null uid vc~id.
' IT IS UNOERSTpOD that th~ wwd "Mortps~or" whether in the sirgubr w plwal anywhere in this Matp~ge, shall be iirpulu if on~ only w~d
! shall bt plunl jointly and severally H more thsn one, and tMt the wwd "their" as uted ~nywhete in this Mat~ape shall bs taken to mt+n •'his,•• •'hen"
w"in;' whereve? tl+~ context w implies or ~dmit~. Also, thal wherever there is a reference in the covenanri and ayreements F~erein cont~in~d to anr of'~q
the p+rties hereto, the same ~all be construed to mean as well as the heirs, layal npresentativd, successors and ~uipm (either vduMary by act of th~
pa?ti~s or involuntary by operation of the law) of the s~me and that the covenants herein contained shsll bind and tM benefit~ and adv~ntap~s inut~ f~w
to the hre Fx'ws, al re esentatives, successon and au~ ru of tF~e ~
~P~ ~9 W 9 p+Nies hereto.
Md said MwtgaQors. fw themselves snd tFieir hein, leqal repressnutives, succeuon and auipns, hereby jointly and ~ev~nlly covMarM and aprK
ro ~nd with tFw ~aid MORTGAGEE, its successon ~nd assiym:
1. To pay all ~nd sirguiu tF» principal snd interest ~r+d the va~io~s ~nd wndry swns of mpwY paY~ble by virtue of said promiuwy note, and tlds~
mortyaye, each and every, promptly on t!w days respectivety ths same sewrally become dw. ?
~ 2. To psy sll ~nd Hnp~I~r the taxe~, autssm~nn, leviea, liabilities, obligations and encumbrances. of ewry nsture and kind now on said
~ propKty, a tMt here+frer may b~ imposed, svff~red, pl~ced, levi~d, or au~ssed therwn. « that h~reaher may b~ levied or assessed upon tlib
+y~. or tlw kdebtsdnea ucwed F~ereby ~ad~ ~nd wery, wMn due a~d payable, accordirp to law, befon they becane d~Iinquem, and betor~ any irNUu
' att~ches w any pen~lty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROlNPTIY SATISfIED AND DISCHARGEO !
~ RKOR~ ANO THE ORIGINAI OfFIC1Al OOCUAl1ENT (SUCH A5, FOR INSTANCE, THf TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDOR ~
OR CERTiFIfD) SHAII BE PLACE~ IN THE HANOS Of SAID MORTGAGEE WITHlN TEN ~AYS NEXT /1FTER PAYMENT; and in tl+~ evaM tMt any tl~enof L not
paid, saY.tfied ~nd discharged sa:d MORTGAGEE may at any time pay the same or any psrt thereof without w~iving or s/fecti~g sr?y option, li~n, pvity or ~
•ipht under or by virtue of this mortgage and the full smount of each and every such payment shsll be immediately dve a~d payabk ~nd shall beu intKqt
~•om ?he date thereof until paid a1 rate of ~ine per centum per annum and together w~th ~uch i~terest shall be secured by the lien of Ih:s morqta9e-
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