HomeMy WebLinkAbout0395 i
,'33(~2U_1 ~
THIS INDfNTURQ AAad~ ~ne 25th day of Rebruary A.D. 19 76 ~rW..~
Williao C. Manthey and Wilda C. Manthey, his Mite
p; St • 1.11C ~@ ~p~ty F~wid~, hereinaft~r designated as the "MOR1GAGb4." •nd FIR37t fEdERAI SAVlNGS AND IOAN
ASSOCiAT~ON OF FORT PIERCE, • torporation wp~nized +nd axistinp under !M laws of tM Un~ted St~tas of Americ• and h~virg iri principal pl~c~ of r
bu~ine~s in ths City of Fwt PiKC~, St. luci~ Covnty, Fbrida, hereiraft~r d~siqnated u tF» "MORTGAGEE:' f
WHEREAS the MORTGAGOR is justiy indebted to the MORTGAGEE in the aum o( S 44~ 7~!~-_-____. goud end lawiul mor,ey oi the Unlted
States adwnced by ths MORTGAGEE u~to tha MOkiGAGOR, as evidenced by a certam p~orn~ssay note o1 ~~en dare herew~th, ot wh:cirth~followdny in
wwdi and f' ures is a 1rw copy, to-wil:
= 44,`~0~.00 ~ 10021795
Fo.t Fierce, F~or~d,, Febru.lry 25 ~p '76
Fw ~~lue re~ceived, I, we a either of us, promiae fo pay, wi~hout uefalcation, fo the order of FIRST FEDERAL SAVINGS hND LOAN ASSOCIATION OF ~
FORT PIER~E a! Fo?t P~erce, Florida, the sum of S- 44 ~ 7~ w:~h imerest (rom date at tl~e rate of 8• 7~, prr annum, in monthly install- 3
menrs es follow~: s 368.00 ~ t~ 20t11 day of APril ~9 76 and a like sum on the care~pa~d~~y day of each month there- ~
afrer until the whole be fully paid. ,
Eath inslallment first sh~ll be applied i~ payment of 1he interest snd then on the unpaid balance of the p~inc~pal sum. I( de(auh is mads in th~ ty
payment of any inslallment when due, and suth default continues 30 day~, then at fhe opfio~ of tha holder, and without any other notice, all the remaininy f
installmenb sha{I be due and payable st once. Privilege is qiven to prep~y this note in whole w in part at any t~me w;thout penalty. Neither forebearanc~, ;
~w stteptance by the hoider thereef afte~ any dafault i~ any payments hereon, shall be de~med extensio~i. A late payment charge ef =18 thall b~
added la each installment remain~ng unpaid 7 days aEfer iri due datt, and s ~ike sum shall be added to each such inatall~~ent remsining unpaid 7 d~ys affer j
each iuccaeding payment date. _
Exh maker, surety and endoruv hereof, jointly and severally, waives demand, prexntrnent protest and notice of protesl fw nonpayment, and further
agrees fo any sxtension of time of payment, ei~her before w after maturity, wlrhout norice to any of us; and to pay all costs of collectior?, indud~np s
reasonable attwoey's fea in the event of arty defauif he•eunde~, and he~eby severally waives a!I benefit of homestead and exemption under the constitWion
ar.d laws of each State of the United States, as a~ain~t this obligation a any extens~on a renewal hereof.
Witnes~ the hand a~d se~l of each party.
. ~Williau C. Manthev ~q
IIPPRAISERS ~ _
I~iE OMLC ~ ~ ~U
s/ Wilda C. lNanthey ~U
~ $67 ~ OS ) Stat~ Revenoe «u
(9~r~+Pr e~uCalllA ~r ~r!~1~M ~w~ .
44 700 00
NOW, THEREFORE, tho MORiGAGOR fo~ the purpose of uturing p~yment of said sum af i ! ' ~nd 1F?~ perform~nce of ths ;
covenanb and syrxmenti hereinaiter ~xpressed, ~nd for diven good and valwble considerations, by tl?ese presents, does grsnt, baryain, sell, remise,
release, conv~y and confirm unto the MORTGAGEE, iri successors and ~uigna, alI that certain bf, piece or p~rcel of tand, aitwte, lying, and beinp in tM
County of SL . LUC 1Q end St~te of Florida, desaibed ~s follows: - ~
Condominium Parcel Na. 414 of CAPS?AN I, according to the Declaration
of Condoainiuai thereof, recorded in Ofticial Record Book 232, at pages z
619-711 ot the public records of St. Lucie County, Florida. ~
SUBJBCT TO terms and conditions of said Declaration of Condominiun, the
Articles of Incorporation, By_Laws, and Declaration of Covenants and ~
Restrictions of Ocean Village Property Ownezs• Assxiation, Inc., with
which terms and condi:ions the mortgagor-covenants to co~ply and perforo.
' By aqreeaent of Mortgagor and Mortgagee on file•l;rith
Mortgagee, the Mithin ~ortgage secures not only an
existing indebtedness, but also AdVANCES to be F~RB-
AFTER made by IMartgagee to~Mortgagor, the aggregate
of ~?hich will equal the principal amount specified ;
in the promissory note secured hereby. ~
~ ~ . : . a~
L, _ ~70~ - _ ~ ~ t
~ STAT~ o~ ~LORi~A 1 ~ ~::,L;
~ ~z ~ DOCUMENT/tRY~:;y~STAMF 'AX ~ ~j~ ~ . ~O
i r - oE~"t.OF REYEHUE a:: - - ~ ~ ~ ~ ~ ~ ~ ~
: ~ - ~ : .
F K~ PB. ` r' ~ ~ 61. 0 5 ! ~rE~"`~ ~w'~
€ . a = ~„az ~ ~ R ~,n. ~
~ . c"°a~?r oot~ sf, u,o,E o~,
~ to9ethtt with all and singulsr the tenements, hereditamen» and sppurbnces therevnto belonging a in snywife appertainirg tF~erefo, and aN ?lnts, iuues,
~ proceeds and profib uaving end to ~ccrue from safd premises, sll of wFiKh ~re intluded in the sbov~ and foregang description a~d habendum. '
1
~ i0 HAVE AND the
jo the above dewibed snd yr~nted p~emises umo the said MORTGAGEE, in wccessws and assipns for~v~r. Md th~ s~id
~ MORTGAGOR fw - heirs, executws, sdminiitntors and essigra, hereby covenanp with the said MORTGAGEE, its suctestors and auiprr,
~~t t~e31 are lawfull seized of the said
; y pem~ses in fee simple; that the same are frse, clear and diuFwrped from all liero and ~ncwo-
~ brsnces in law w in equity, and that they w~~~ th2ir heirs shall w~rraM ~nd defend 1M title fo tM sarrw to tM wid
~ MORTGAGEE, its succeuors and auigns, forever apainst the lawfvl cla'uns aod dem~nds of sll persons;
~ PROVIQE~; ALWAYS thst if the MORTGAGOR sh~ll p~y unto the MORTGAGEE the promisscry note hereinbefwe described arK! shall truly, promptly
and fully perform, dischar9e, exec~te, compleie, comply with and ab~de by esch and every the stipularions, agreements, conditiw~s and ooven~nb of s~id
promissory nots snd of this Mwtyaye, then this Mortyage and the Estate he~eby ueated shsll ceass and be ~vll and void. ~
: IT IS UNDERSTOOD th~t the wwd "Mwty~pw" whether iA~he sirgular a plural anywhere in this Mortgaye, shall bt sirgula if ooe only and
= shsll be plural jointly u~d sever~lly if more tMn one. ~nd that tbe wad "their" ~s used ~nywhere in this Mat~~ye shall be taken to mean •'his,•• •'htn•• ~
; or "ib;' whereva the context so implies or admits. Also, that whereve? there is a referenca in the covena~b and ayreements Frorein cont~in~d to ~ny of ~~b
_ rhe panies hereto, the same shall be construed to mean ~s well ss the hein. {e9a1 r~preunbtiv~s, i~ccesson snd auigr?s (either wlunt~ry by ~ct of the
panies w invduntery by operatan of the bw) o~ the ume and that the covensnts herein contained sMll bind and the benefits and adv~nt~s irnK~
to the respecfivs heKS, leyal representatives, iuccessors and au~gns of the partip Mroto. S~
~ And s~id Ahortyayon, for tF~emselves arK! their hein, lepal representstives, s~ccessars ux! ~uigns, hereby joinrly and sev~rally coven~nt ~nd ayrk ~
~ to a~d with th~ ~aid 1V10RTGAGEE, its suctessps ~nd ~uigns:
r'. ~
1. To pay all ~nd sinpular the princip~l and inte~eit and the vario~s and sundry :umi of rtwney pay~ble by virtue of uid promissory npte, ~nd tFtis t-~it
~ mortyaye, e~ch u~d every, promptfy on tFM d~yt respectively the same severally becwn~ dw.
; 2. To p~y all ~nd sirgulu tl+e taxes. ~uessmenn, levies, tiabilities, obliyations ~nd encwnb~~nces of ewry narure and kind now o~ asid d~sc?ib~d
propMty, or that hrreaft~r m~y bs impos~d, wfferes. Plated, levied, a~uesKd thereon, w tha~ hereafter m+~y be kv~ed a as~essed upon thb AAor1p~
° ~ge, a tM irwltbtedn~u secured hareby. ~sch a~d ~very, when due ar~d payabk. ~ccadi.g w Isw, befwe they become d~linqtient, ~nd b~for~ any imereat•
~ attaches or any penalty is incvr~ed; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHA.I IIE PROMPTLY SATISf1ED AND ~ISCHA1tGE0 Of
E RECORD AN~ TNE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECE!PT OR 1HE SATISFACTION VAPER OffICIAILY ENOORSED ,
OR CERTIFIED) SNAII SE PIACED IN THE HANOS OF SAID AhORTGAGEE WITHIN TEN D/1YS NEXT AfTER PAYMENT; ~nd in the evtnt th~t sny therlof is ~wl j
; aid, sat'sfied and di~cF~ar S
P ged sa:d MORTGAGEE may it ~~y time pay the same w any part lhereof without waivirg or affecting any option, lien, eq~ity p
; •~ah~ under or by virtue of this rr.ortgaye +nd the full amount af each and every s~ch payment shall be immediately due snd payabk snd shall bea~ infM~st ;
r s.om ~he dare the~eof until psid at rate of nine per centvm per anrwm end toyether w;th such intere~t shall be sec~red by the lien o~ th's morytapt.
~
-
~ ~
~~~Y:._ ~
- - '~~i'~.~~+-~.. ~ ~ } ~ ~ ~~.C .~~'~f'~=~' S
~~'~~-a'-.^"~ ~z's~~-~.~~ _ _ _ ~ . 5~..~s~