HomeMy WebLinkAbout0401 :;~c:z~~~~ . ~
TNIS INDENTURE, h1ad~ the ~'~th day of~ " L Ma rcq ~ y A.D. 19 76 betwNn
~ Nels B. Hallstro~ Jr. and Suaanne W. Hallstzom his wife
or St • Luc e -
CouMy Flarida, hveinaf~K d~~ig~~fed is ~M~~ "MORi~r/?GQR;' and FIRST FEDFRAL SAVINGS ANO IOAN
ASSOCIATION OF FORI PIERCE. • corporation oryanised and e:i~tin9 vndar tFw 4w~ of ~M Un~qd St~tq of America and harinp ib printipd plac~ of
bv~ines~ in ~M Ziry of Fort Piacs, St. luci~ County, Florida, M~~inaft~~ deii0n~t~d th~ "MORIGA~EE."
WHEREAS tM MORTGAGpR ii juatly iodabted ro the MORTGAGEE in the sum of = 25~~~•~ , goad and lawf~l monsy c~f the Unlted
Stat~s advanced by the MORiGAGEE unto tho MORTvAGOR, as evids~ced by • cerbin promiuwy nots of cven da~e herew~th, of wh~ch ths followinp in
wordi and fipures is • t~w copy, to-wit:
=25~000~00 ~ ~ 1300~255
Fort Pierc~, Florida, March 17 ~y 76
Fw vel~e received, 1, we w either of us, prom~se fo pay, wi~hout defalcation, lo )fie order cf FIRST FEDERAI SAVINGS ANQ IOAN ASSOCIATION OF
fORT VIERCE at Forf Pierce, Fbrida, the sum of j25 ~~~~0 _ w;th inrerns~ from date at the rote of
~b ~ ~t~1 ~ June ')6 ~o PN snnum, ~n monthly ins+sU.
ments as fofiows: S ' a~ the day of , 19 ~nd a like sum on tfi~ correspond~rg day of each month tharr
aftcr until the whols be fully pa~d.
Each installment first shall be applied in payme~t of the interest and then o~ the unpaid balance oi the p~inc~pal sum. if default is msde i~ tM
payment of any in~rallmenl when due, a~d such default continues 30 day~, then ~t the option of Ihs holde~, and wethout ~ny othe? notice, sll ths r~malnirg
~~s~a~lrr.enta shall be due and payable at once. Privilegs is g~ven to prepay this no~e in whole w in part at ~ny tima without penalty. Neitner fu~beuance,
nor ~cctptance by the holde.y thereof aiter any default in any payments hereon, shall be deemed extensan. A;ate payment charge oi s 1O shall be
added ~o each installment remaining unp~~d 7 days ~fter its dw data, srx! a tike ~um shall be added to each such instaliment remaining unpaid 7 days aft~
each succeeding payment date.
Each maker, surery and endorser hereof, jo~ntly and uve?a~ly, waives demand, prexntment protest and notice of protest for ?anpayment, and furthe~
agrees to any extension of time of paymenf, either before or after matvrity, without rtotice to any of us; ~nd to pay all costs of collection, intludinp a
reasonable attorney's fee in the event of any defaulf hereunder, and hereby ssverally waives aIl benefit of homestead a~d exemption under the tonstitution
and laws of esth State of the United 3tares, as a9ainst this oblegation a any exteation w renewal hereof.
W~tness the hand aod seal of each party.
s/Nels E. Hallstros Jr.
cs~?i)
~/Suzanne W. Hallstrc~a ~p
( ,737 - ~ ) State Reve:ew ~U
tSr~r~pa sM~elisJ-ow ~iliiwi-wo~s} .
NOW, THEREFORE, the MORTGAGOR fa the purpose of secwing payment of uid sum of S 25+~0•~ , snd the perfwmance of tl»
covenanti and sgreements FKreinafter expretsed, and for divers yood and valu~ble considerstions, by the~e presrnts, does gr~nt, barysin, sel1, remise,
release, convey and confirm unto the MORTGAGEE, its succsuors and ~stigns, all 1M1 certain bt, peece or parcel of land, sitvate, lyir?g, and being in ths
~~~y St . I.IIC~@ ~nd State of fbrida, dewibed ~i fdlows:
Lot 11, Block 50, INDIAN RIVSR ES?ATES, UNIT 7, according ta the Plat thereof on
file in Plat Book 10, Pag~ 75, Public Records of St. 1.ucie County, Flozida,
~ ; 3 `w~- C~og - p354 - ooo~d
By agreeaent of Mortgagor and Mort9agee on file nith
Mortgagee~ the within sortgage secures not only an
existing indebtedness, but also AD~VANC6S to be HERB-
AF?BR sade by Mortgagee to Mortgagor, the aggregate
of which ~?ill equal the principal a~ount specitied in
the pronissory note secured hereby. .
' - ~F ~~oR~oa~
STATE J~
nz, DO~UMEti~ARY~:-~c:~STl1~Q r~}., r
~ cz O° OEYi. C,F REVENUE~i~' ` Sp. G~N ~.,~r~~m o~ ~c~.~.
; °O = = KAR{9'if ~3 ~ 7 ~ 0 ! ~ 'C {NT11tiG18lE ~
~ ~
Pfktf
; * ~r ' P.B. ( ~~T lO WMP`i[R 71-1
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; ' ~ ~~~02 ppl~ ~
~ , o qFtl1l CiA~ Si. 1RIt%1E 00., i1X
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~ roytther with all and singul~r ths tenements, hereditament~ and appurt~nus thereunto belonginp or in ~nywiie appertainirg ther~to, and ~U rents, iuws,
~ proceeds and profits acuuirg and to ~ccrue from uid premises, all of which ue incluckd in the ~bove ~nd for~yanp description and habendum.
& TO HAVE AND TO HOID the sbove described and gnmed premises unto the said MORTGAGEE, itt successon and ~ssipra fwevN. Md th~ ufd
< MORTGAGOR for their heirs, executora, administraton and assigns, hereby coveosnts with tht said MORTGAGEE, it~ ~ucceswrs and ~afiDra,
` the a=e _ lawfull se~zed of the ~aid
~ rhat --Y---- y premises in fe~ simple; tMt tfw ~artk ue fr~e, ck~r snd dischuyed from sll IieM and ~
~ b~ances in law w in equity, and that they Mri11 and their he~n shall wurmf and defend the title ro the arm fo tM wid
Y MORTGAGEE, its succes:ors and ~uiyns, faevn ~ysinst tFk lawful claims ~nd demands of all perioew;
? PROVIDED, ALWAYS tMt if the MORTGAGOR shal! pay unto the MORTGAGEE the promiswry note hereinbefo?~ dewibed ~nd sha11 trvly, promptFy
and fully perform, d~scharge, exrcute, compkte, comply with •nd ab'~de by each and eve~y the stipulations, apre~menri, conditiom and coren~nts of said
- promissory rwte and of this Mort9age, then thia Mortysge ana tFx bat~ hereby veated ilull ce~se and be nutl and wid.
T
~ IT IS UNDERSTOOD that the word "1Nortg~gor' whether in the singvlar or pl~r~l anywhere in this Matgape, shall be sinputx if on~ only and b
= ihall be plural joi~tly,and uveally if mort tMan o~e, and that the wad "their" as used a~ywl~ere in thia Mort~~t ~MII be taken to nwan "hq,•••'Mes,••
: or "itt;' wherevet the context w implies w admits. Alw; that wherever there is ~ referenu in tM covensnri ~nd spreemenn h~rein oonfairnd to amr of
Y the p~rties hereto, the aame shall bs construed to mea~ as weU q the lxirs, leyal r~prese~tatives, successas and suiyro (either volumary by ac1 of th~ ~
parties or iervotunury by oper~tion oi the lawl of the same and that the coveR+nn herein contained shall bird and the benefiss and advanta~ea inur~
to tF~e respectivt heirs.' le~~l representatives, wccessors and aa~yns of the parties he~eto. ~
; Md said Mortg+yors, fo~ tF~emsdves ~nd their hein, legsl representatives, svueswrs and assi~rra, hereby jointly and s~vKally ooven~nt and ap?~e A
, ro ud with the ~aid MORTGAGEE, ib successors +nd suiyrq: ~
x 1. To pay ~II and singular tht p~incipal and interest ~nd the wriovs +nd sundry sums of rnoneY paYable by virtw of said promisswy not~. ~nd t1~is 3
; rrarty+ge, ~ach ~nd we?y, promptly o~ ths day~ respedivsly the ssme severally becom~ due. ~
2. To pay dl uid siryulx tFn taxe~, asseuments, kvies. IiabiliY~p, obliystions ~nd a~uimbnoces of every natwe and kind now on wid d~iorib~d
; property, ar that hereafter may be impo~ed, suffered. Placed, levied, a astesud thereon, w that her~af~et may b~ levied or aa~eued upon thi~ Mprp. i
i a9s, or th~ indeb~edneu uc~red hereby~ fKll a~ ~11lf1/, when due and wyable. ~ccwdinp to I~w, b~fore they becar~ d~linqvent, and b~fw~ ar~y im~rpt f
: attathes w any penaly is ir?curred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII dE PROMPTLY SATISf1E~ AND L'ISCHARGEO OF i
~ RECORD AND iHE ORIGINAI OfFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REtEIPT OR 7HE SATISFACTION PAPER OfFICIAUY ENOORSED
- OR CERTIFIED) SHAU BE PIACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AfTER PAYJNENT; and in the event tMt at~y thereof is ~ot
~ paid, sat'sfied. and d~scharged sa'd MORTGAGEE may a1 any time pay the same or any part thereof without waivir?g a affectirg any option, lien, equitp p
•~pht under a by virtue of this mortgage ~~d the full amo~nt of e~ch and every such payment ~hall be immediately due and payable a~d aMll bear intertst
' ~.om the date thereof until paid at rate oi nine per centum per snnum •nd together with such interesr shall be secured by the lien of tl?:s moryta9e.
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