HomeMy WebLinkAbout0498 32~U ` ~
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THIS INOENTURE. N1~de tA• 2~a day of J821ua2`~/. ~~~?b. 191-~+ atw~^
_ Mark ~lds and Charlene Fiel~s~his fe
~f ~ a~~g Cou++ty flw~d~, haeinaftw dt~~g•~a?ed as Ihe "MORTGAC,t~R," snd FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ torpaation orq~nized and ca+i~~n~ unde~ ihe law~ of ths Un~ted S~at~~ of Ameriu and havinp iri priocipal plac~ of
busin~s~ in tM Ciry oi Fort Pie.cs, SI. lucie County, florid+, hereinaf~er de:~ynared the "MOPiGAGEE:'
WHEREAS th~ MORTGAGOR is juuly indebted to tM MORTGAGEE in tfie sum of S 26l~~'~ good and lawful mo~ey of the Ue~ted
Srarea advanced by the MORTGAGEE unto the MOR(GAGOR, ~s evidenced by a certa~n prom~:swy nota ~of even date herewith, of whfch 1M foltowiny in
words and fi~ures ia 'a true copy, towit:
s 26.000.00 ~~ou~.~79
fwt Pierce, Ftaida, January 22~ ~y~
fw vatue reteived, 1, we w either of us, promi Io pay, without defa!cation, io Ihe order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE a1 Forf Picvice, Fbrida, the s~m of 5---?~l~~!~ w~th intereLst trom date at eF~e rate of 1_9e per annum, in monthly inttalM
~„en~s as fo~lowa: 3_23t~~__ on the _~.~1 day of .M$1'~-__.., 19_._~9_ and a like sum on the carespond~ny day oF each month therr
at~er unti) the whole kx 4ully paid.
Eath installment (irst ahall be applied in payment of Ihe interest and then on the unpaid balance oi the p?ir+cipa) tum. If defaulf is mad~ in fhe
;:a~r~nent of any instaNmeni when due, and such default conrinuea 30 days, then at tha option ot the holder, and withaut any other notice, all the remaining
~urai?ments shail be due and payabie at once. Pnv~leye is grvnn to prepey this note in whole w in part ~t any time withuuf penshy. Neither fwebear~nc~,
nor atteptance by the hotder thereof aiter any default in any payments hereon, shalt 6e deemed extension. A late psyment charge of ~~70 shall be
~:lded to each instatime~~ remain~ng unpa~d 7 days after its due date, and a l,ke avm shall tx added to each such insta~lment ~emaining unpaid 7 dayt after /
ejch succeeding paymeM date. ~
Each maker, surery and endorser hareof, jain+ty and severa:ly, wa~ves drmar.d, presentment protest and notice of protest for nonpayme~t, and further ~
a~rees to any extension of t~me of pay~nent, erther before e. after matur~~y, without ~ct~ce to any of us; snd to pay al~ costs of eo~tecteon, intludirq a/'
reasonab~e atsoroey's fee in tha ev~nt of any default hereunder, aru! hereby se:eratly waives all benefit of homestead and excmption under ttx tonatitution
~^d laws of each State oi the ~r.;ted States, as a~a~nsi this o6ligarian w any earena~on or renrwal hereof.
Witness the hend arxl seal oI cach par!y.'
- ' t " 1 i ' ~ - ` c.,/._Mark L. FLslds cs~w
~?u
~ ~ S/ Gharlezlf~ Fields csEwu
(s~?u
t y;~~~.-) State Revenue ~ .
NO'.Y, THEREFORE, the MORTGAGrJR for the purpose of securing payment of sa~d s~m of S 26~~~~~ , and the pe?formsnce of the
co•:enants and agreemeros hereinafrer expresszd, and fo~ d~vers good and valuab!e considerations, by thess presents, does grant, bary~in, sell, remise,
r~•;rase, convey and tonfirm unto the MORTGAGEE, its successors and assignt, al: ehat certa~n lot, piete ot psrtel of land, iituate, lying, and being in the
~ounty of St ~ Lu~Q and State of Flor~da, dew~bed ss follows:
^orunencing at the No~theast corner of the Northeast 1/!t of the Nartheast 1/!; of
~he South~est of Section 20, To~mship 35 Sauth, Range It0 East, run thence
~outh 19 feet to the point oY begirining; thence turn and run Weat along the South
boundary line of Cartez Boulevard 100 feet to a point; thence turn and r~un South
185 feet to a point; thence turn and run East lU0 feet to a point; thence turn
and run P:aarth 185 feet to the point of beginning of the tract hexeir? conmeyed,
By agreea~ent of Mortgagor and Mortgagee on file with the Mortgagee, the
within =ortgage secures not only an existing indebtedness, but also
ADVANCES to b~e HBRGAF?ER aade by Mortgagee to Mortgagor, the aggregate .
' of which rnill equal the prfncipal au~ount specified in the p~+oaissory
i note secured hereby, a~a~_ 3//_DOO~ Uad ~
~ aFrstn~sE~:s .
' USE OhLY ~
~
- .r~ A . oF FLORtpA ~ '
> a.s STAM~=~iFrx ~ R~y~
r,- D~C~#M~NiAR~~`~~; " .r--~-
- cD nEP'i.OF itEYEiiilE _ ~ I t~l~Yt 1C' AJ~~~ ~~fY Of TAI~ .
~ ~ ~,wa~t ~ 3 9:~0 01 ~ awwrQ ~.i,~,~o""i p~n,
~ _ 1110t ~ 1~0~ ~qRl~~~ OF 19/1. ~cr
- ° . "~°°"'n~ l
.
rcyather with all and singular the tenements, hereditaments and appurNncef thncuNO belorging or in anywise +ppert~ininp the?~ro, and ~I) ?ents, iuues,
c•~ceeds snd profits accruirg and to accrue from sa:d premises, ali of which are included in the abovs and foreyoinp deacriptan and h~bendwn.
TO HAVE ANO TO HOID the above descr~bed and g.anred prem~ses unto rhe said JNORT(~.;GEE, its wueswrs u~d sssiyns forever. And tM aid
'~,~RTGA~Gj.O~~R~for heirs, e:ecut«s, administralors and assi3ns, hereby toven.nn with tM said MORiGAGEE, its s~?ccesfots u~d aasipnb
~~,r.t -~?--`f-~~ lawfulty sei:ed of the :sid premises in fee simplr, that the same are fr~e, cka~ ~~d disch+rg~d from all Ikro aed eotwn~
~-ances in law or in equity, and that-~L._ will •nd '~Bi~" hein shall wuranf and defend the title to ths aatrK to the said
:50RlGAGEE, its successors and •ssigns, fore~cr againit the lawful claims and demar~ds of alt pertorts;
~ PROVIDEB, ALVlAYS that if the MORTGAGOR thall ~ay ~nto the MORTGAGEE the promissory note hereitebefwe destribed and sh~ll frvly, promptly .
,~d fulty perform, d~uharge, execute, comp(ete, compty with snd ab~de by exh snd every tiie stipulations, a~reemenn, conditaro and covenanri of s~id ~
~•om4uory rwte and of this lJbrtgage, then this Mortgage and the Esfate hereby created sha~l u~se and be null ~nd void. - €
li IS UNDERSTOOD that the wwd "Mortgaga" whetixr in the singular o~ plural snywhert in ihis Mwtyay~, shall b~ sir~yulu if oM only and ~
s1:a11 be plural jointly and severally if more thsn one, snd that the word "rhe~r" ss used ~nywhere in this Matyape sMll be faken fo mean "hu;' "h~n," ~o
"irs." wherever tAe conteat so impties or admits. Also, that wherever there ~s a reference in 1he coveoants snd apreaments herein contained to u~y of ~~o
~he parties hereto, the same shsll be construed to me~n as well ai the heirs, legal ~epresentatives, wcc~ssors and sssipns (~ither voluneary by ~cf of the ~ ;
parr~es w involunta~y by operation of the Isw) of the same ~nd that the covenants hersin conuined shatl bind and the berxfits snd advantspq inun ~ ;
to the respective he~rs, legal reprex~tatives, s~ccessws ~nd au'g^+s of the parties hereto. f
And said Mortgsgors. fw themselves a~d their heirs. legal representarives, successors and auipra, hereby joinNy and severdly covenant ~nd apree
fo and with the said MORTGAGEE, its svccessors and assgns: ~ ;
1. To pay ~11 and singulsr tFro principal and interest and the wria~s and sundry wms of money payable by virtu~ of s~id ptomissory ~ote, and fhis ~ ~
_ Tortgaye, each ~nd every, promptly on th~ days respectively the same severally become due. #
2. To psy all and sirgular the tsxes, assesunenri, levies. Iiabilit~es, obligations and encvmbrances of every nsture and k'u:d now on said deavib~d ~
p-operty, d thal here+Her may be imposed, suffered, plsced, levied, or ~ueued tFxreon, or that here~fta may b~ levied w use~sed upon tMa AI{ort¢
age, a the indebtedneu secu~ed hereby, each and every, when due and paYSble, according to I~w, before they becom~ delinquem, and b~fw~ any IM~r~sl
"~cixs or any penalry is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHALL EE PROH1PTlY SATISfIEO ANO DISCHARGED OF
e~CORO AND THE ORIGINAL OFFICIAI UOCUMENT {~H A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC7tON PMER OFFICIAIIY ENOORSED ~
GR GERTIFIED) SHAII BE PLACED tN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the event that u~y thereof is not r
,:a.d, saYSfied and discharged sa'd MORTGAGEE may at any time pay the same or any part tl?ereof without waivinp w affecliny any option, lien, eqvify w
~,~t,t under or by virt~e of th~s mortg~ge and the full amov~t o( each and every svch payment slydl be immed~ately due and payable and shsll bea~ interet~
+~c -•'-e ci~~e ~-.ereoj v. ~a d ar ra~e of nine per tentum per annum and together w~th wch interest sh~ll be secured by fhe ~ien oi th s mo~g~age.
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