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HomeMy WebLinkAbout0494 Y _ 326t~:~i r THIS INpfNTl1RE. M~ d+~ 26Lh d,y ,t January ~p. 19 76 ei,,w..~, C~ ~ - F SL• I.liCi.! '~~~~y F~~ ~~yhM dalpn~ad a tK~'' GAGOR." a T FEDERAI SAVINGS ANO tOAN JISSOCIAiION OF fORT iIERCE, • oapor~tion oro~niad «+d ~xb~iap w+dw tM laws of tM Uni»d St~r~s of AmKiu and havinp i» princip+l p~~a af bwir~ tn th~ Gty o1 fwt Pi~ra~. S~. tvd~ Counry, FiaW+.- Iw~b+f~ d~ipmad a tf+~ "MORiGI?GEE." WMEREAS tM MORTdAGOR b EuttFy ind~W~d b th~ MORTGAGEE {n th~ swn of j 2'a `~IOO ~ood and I~wfui ma+ey of tM l~N~~d St~t~s advant~d by tM MORTGAGEE vnto tM MORTCsAGOR, as ~vid~nud by • c~rqin promistory not~ of evM dat~ M~twith, of which tM followbq ln wordt and fipurq b• Itw oopy. to-wita ~ 2d~ 70A _AO ~,b 13000217 ~o.~ P~.,a,. F~~d,, Janu,a ry 26 ~9,1l~, Fw valw naivtd, 1, w~ w~ithK of v~, p?om+s~ to pay, without d~f~lu~ion, ro ths ordtr of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIEACE at Fa~t PiKa, Fb~~d., rh. s~ ot ~.24.7~.0~ with inter~st from date ~t the r~» of 9•~ % pe~ a~w~, In en~thly irutalM m~++b ~s follows: i.~.~.a~_ on th~ 20th ~Y o f March ~q76 ~ a lilu svm on th~ oar~~Pond~np d~Y of each moi+th t1+Kr afiN until the whot~ b~ fully paid. E~ch inft~llm~nt fint sh~lt b~ applied in p~ym~nt oi tF» i~tNest and tMn o~ tM unp~id bsl~nce of the p~lncip~l wm- If dtfwh ts msd~ tn th~ parm~M of ~ny iiutallment wMn du~. aod wd+ defauh tontinuea 30 dayi„ thM at the option pf Nw, holder, and withow ~oy otMr ~otics; all tM tvnaieinp ~nu•Ilm.nn shatl bs dw and p.yabl. •t once. Privilp~ is piven to pnp+Y this aote in whol~ or in part at any time without pen~lty. Nehha fweM+nnc~, nor aco~ptux~ by th~ ho1dN tMrwf ~ftK any d~fa~rlt in anY WY~+K~b he~eon. shdl b~ deen+ed ~at~io~. A ~ats payment d?ary~ of i~.~..s, ~I»II M +dded lo ~ath iroqllment r~mainirg unptid 7 dAys afttr lts dV~ dat~. ~nd a like sum shall b~ addad to each tuch inat~llm~nt ranai~inp unpaid 7 d~» ~ftK .+d~ was~dinp wrmeM d~t~. . E~d? mak~r, wrery ~nd ~ndorser 1~er~of, iointly u+d s~wwlly, waiv~s demand. pesa+tment protest snd notit~ of protat for nonp~Yment, ~~d funlwr pnas to ~ny ~ztensia+ of tim~ of.paymeM, either be(we w aftK matwity. without ootice w any of ui; ~nd to pay all cosn of collectio~, includinp a reaionabls anorne~s fN: in N» we~+t of sny defsuM herevnder. ~nd Iwr~by severslly wsives ~11 benefit of Fwrncstead ~nd exemption vnder the oonstiluNoo and lawa of each Stat~ of N+~ Unit~d States, a apaiost thl~ obliy~fion o? aml eatension or renewal hereof. Witt~s~ th~ Mn~ and ~al of ~ath puty. - , . ~ ~~~d~t~ey 5. ~lst ~ ^;'H T't , . ~ cs~w . . . ! $ ; ! ~ t /ne~ a; nTF~ur~t ~W • . c~wU ~ $37.05 , a.r«w. ~ ' . - _ ci~+~p?.M«w.~.r..~n.Nne~.r ~ 24, 700.00 .~a e» of .h. NOW, THEREPORE. tM MWtTGAGOR for ~h~ P~~P~ W11T~^t of s~kl wm of ~ . P~~~~ cov~n and ~p...msnn M?einah.. .,cp.e~sed. .nd fa diven- pood ae~d valuablf' wm~d.r•t~ons. bl? tMs~ pres~nts, dws yraet, b+r~ain, ssll, nmis~, relcaw, ca+wy and conf'um w+to the MORTGAGEE, its succ~asors and wipns, all tMt u.t~in lot, pi~o~ or pa`cel of land. siwat~, lyinp, u~d b~inp h th~ ~~~y St . Lucie , and St~M of Flwid~, d~wib~d as fdlavr~: ~ ~E"~ : /y~l 60/- 00/6 a~a~6 The East ~ of Lot 4 and all ot Lot 5, Block 3, RIVBRSIDB tIAR9OR SUBDIVISIa1, according to a plat thezeof recorded in Plat Book 10, Page 5, of -!he public records of St. Lucie County, Rlorida ? By agreenent of Mortgagor and Mortgagee op tile with Mortgagee, the within sortgage secures aot only an existing indebtedneas, but also ADVANCBS to be HBRB- ARTER sade by .=!ortgagee to Mortgagor, the aggregate ~ of which Nill eyual the principal aaount specified t in the presissory note secured hereby. ~ ~ ~ . . . . w ~ - ' ~ (~i...OR~~A~ y~ `y' ty0 A Y 5 T A M P T A X i • M rAtMt~i OF 7AxEs REC~v~ ~pMa, p~tTr. °c'+ °O . D~ RErEN1lE . ~ s - i DtIE ON Cl/l~'C ~ 1 ~.(S pE ly/1. ~ ~ _ ~trrs ' ~ 3 ~ Q .f pu~r ~ u,~ `w ~ p~ C?a~x~t oourt. sT• u~ctE co. , ~ F top~tl+K with •II and sirgulu th~ Nnarmnts. hendit~m~n» w~d ~ppurta~ces tFwnuMo bdonpirg a in +oYw~ ~PW~t~ ~nd all raib. bsuw. E p.oc~.d~ u~d profia scwiig and ro aarw from aid pr.mis.s. ~!I of wF?icl~ ~re includ.d in rh~ abov. snd forparg drwiWioo and h.bM+dwn. TO HAVE AND TO HOID the ~bow destrib~d ~nd yrat+ted pemi~s vMO tFw wid NWRT~'sAGEE, its suoceswr~ w+d assipns fwew?. Md th~ s~W INORTGA~sOR for their executon, admirwtnron and a~siyro, ix~sby oown~nb with /M sald MORTGAGEE, fb woaswn and asipns. rr?~ _thev are lawfully kized of tM said p~miws in f~e simpbt thrt tM _wm an fr~e, claar ~nd dbch~d from all liens and ~a~r b..~as in ~.w? « in ~qu~y. .~a ~F~sr thev ~,,,;n .~a their ~K. ~I,.n W.n.m .~a d.t.na rh. n~. a e» ..m. w th...w lNORTGAGEE. Ib successon snd assipns, forwer ~p+in+t th~ lawful dakm and demands of all pe?san: ~ PROVIDE~. AlWAYS tFwt ~if tlr JMORTGAGOR shall pay vmo the MORTC/?CEE the promissory rat~ her~inb~fon dncrib~d and th~ll truly. Pra~ptlp •nd fvllp perform, discharp~, ex~cut~, comPlet~• complY with ~nd abid~ by Nch and ewry the stipubfiora. +DrNr~+ts, co~ditian and oown~nb of said ~ PromissaY noM and of this AboNyspe, tMn this Mort9ap~ and th~ Est~te ha~by us~t~d ahall ceas~ ~nd be rwll and void. ~ IT IS UNOERSTOOD thN th~ word "Mortyapot" wMtt~e~ in tl+~ tinpular ar plwal anywMt~ in this Mortpy~, sh~N bs sinpula? if on~ anly and ~ ihsll b~ plwal jointly and ~everally N mon th~e~ a+e, and that tl+e word "fheY' u us~d anywl~er~ h ti?ls Morfpsp~ shdl b~ tak~n b mean "hb.° "Fwrs." e~ ~ w"its," wher~ver th~ oonttut w implies a admits. Also, that whKSwr ther~ is a nf~rena in tM cownants and a~neenents Mrein oomain~d w ~ny d ~h~ puties i~~to, tM wM shall be ~nsnued ro meae ~s well u tM hein. Ip+~ r~aa+tatiws, wwuon ~nd aipn~ (~ith~r yduMary bp act of th~ ~ parti~s w involontary by opuation of th~ law) of th~ same and tMt tl+~ cove~»nb Fwein ca?tained ~hall bind and riw ben~fih and adva~tapa kwn ~ to ths nspectir+ hsi?s. Ip+l t~pr~sentativp. sutussas and at~iyrn of th~ psttees MrNO. • Md saW Morty~pors, for fhun~etves a+d tF~ir Frin. by+l repr.sematiws, wa.es~o~s u~d assipra, haebY I~+~b aid ~w~rally cow+wnt +nd +prM ~ ro u+d with the said MORTGAGEE, in ~uooason a,d aasipnu 1. To pay dt a+d sinpvlar th~ pd~cip~l and inta~~st and th~ vsriars and wndry wms of nwn.r wr+~! bY vuru. of said promissory not~, and tNt mo~epa~e. Ncfi and rvary. P~~P~~Y a^ ~ d+Ys «+W~tivslY f1x ~sam~ stv~r~lly b~con~ dw. 2. To pay all and sinpular the tsxa, assesun~nts, Iwia, liabilities, oblip+tioro +nd ~ecumbrMCes d evsry rwture +nd k1~d ^ow a^ said dacri~d P~~b• a tMt l~esfia may be impoMd, wffer~d. Pboed. Iwied, or ~ss~d t1~sr~a4 a fhat herah~r may bt kvid w auaNd upa~ thi~ Morq~ ap~, ar tF» indebtednea s~cw~d ha~by, e~ch a+d wKy, wiw~n dw and payabl~. ~ocadkp w I~w, b~fwe thep b~can~ d~l'epwnt, and b~tor~ ~ny MNrat •ttach~s or anp penaMy b inaxreds ANO INSOfAR AS ANY THEREOF IS Of RKORD iHE SAME SHAII 6f PROMPTtY SATISFIED ANO DISCHARGEO af RKORO AN~ THE ORIGINAL OFFICIAL DOCUMENi (SUCM AS. fOR ~NSIANCE. THE TAX RKEIPT OR THE SATISFACTION PAPER OfFICIAiLY ENOORSED OR CERTIFIED) SMAII !E PtACED IN 1HE MANDS OF SAI~ MORIGAGEE WITHIN TEN DAVS NEXT AfTER PAYMEI~lTt +~d N+ th~ ~wnt that any ti+K~of fs nol paid, satsfied ~nd discMarged sa:d MORTGAGEE may at any time pay tl+e sam~ or any part the~wf without waiviny w ~ffenirg any option, li~n, ~quit~? or •ipht unde~ w by virtw of this mortyap~ a+d the full amount of each snd wery wch p~ymsnt shall be imrnedi+tely dw a~d payabM a~d shall bar fnt~rur ~rom tM datt tMrwf w~til paid at r~te of ~in~ per untum pe~ ~nnum +nd loyether w~th such i~terest sMll be secwed by the li~n of th:~ morptpe. ~ ,;.u ^"```:°~'~'e`-4y,}' ~ r ' x 3 "z _