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HomeMy WebLinkAbout0787 ~ ; , ~ - ; . ~ . ~c` ~ ~ ~ (Q ~ i "3.3f1~..~() ; THIS INDENTURE, M~ tbe 1 t~--_ d~y o( --~=.C~L-' A.D-19 ~6 belw+eo ~ PBTQR M~_ IE~MING. _INC~~_a Flo~i~a CoYDOration _A ~ pf _ St. ~.11C;! „ CouMy f{wids, hertin~her des:qn~ted as the `MOPIGAGOR." snd NRST FEOERAI SAVIf,iGS AN~ LOAN ASSOCIATION OF fORT PIERCE, ~ corporanon org~ni:ed a~d ex~it~~~9 unda tha laxs of ?he Un~tcd St~i~~ of Anu~ic• a~d Mvi~q ih pri~cipal piac~ of bu~itNS~ In tM City of fpA Pi~rc~, St. lucis County, florid~, hereinollu dafignatac! ea fh~ "MORIGAGEE." WHEREAS tM MORTGAGOR i~ ju~tly ind~b~ed to the MORTGAGEE in the sum of s_- ~6~iQO _ good ~nd !aw{uI mnney of the Un+tet! St~tq adwnc~d by th~ MORTGAGEE un~o IF+e MURTGAGOR, ea evide:~ccd by e cerro~n p~onussory note ol even da~e hsrawith, of wh~ch tM followinp In word~ and fiyur~~ it a 1r~~ copy, to-v.~it: =31,600.00 ~ 20021821 Fo:l Pierce, Floi~ds, ~YCZ1 1~ lq~.~ Fo~ valw reteived, 1, we or eithar of us, ~:ro~:~:se to pey, wi~hout defa!c.,ncn, to the orde~ of iIRS1 FEUERAL SAVINGS Ak0 LOAN ASSOCIATION Of fORT PIERCE at Fort Piorce, Flor~de, the aum of i-~~¢~+-~.----- ..~th ~nre~est from date ut thr ra~e of 8?~ par annum, in monthly irotalb men~t aa fo1lowa: i--Z.~Q..~.___ on ~he ~c~~L. day of 19 _~b and s Ifke sum on tha correspund~ng day of esch nwnth there- afNr ~ntil the whole be fully paid. Esth inst~llmtnf iir~t shal~ be app:~rd in payn:ent of the intr:est and tt,en on ff,a unpeid balance of ti,e prlnc~pal sum. If de?ault is mad~ in th~ paymsnt of a~y insl~lfinem whrn due, ar.d such detault continues 30 dayt, then jt the opficri of the holder, and without any othet ~otice, all tht r~mainirq intqllmenri shall be due and payabte at once. Privilege is g~+en to prcpay this rai~ ~n whvte or in part a1 any ~in,e w;thout penalty. Neither forebear~nc~, no? ~cctptanc~ by the ho:der thereof after any defau~t in ar.y poymer,q 1~ereon, shall be dern:ed extens~cn. A late payme~t charge of ~ 13_,~ ~INII b! ndded to tath installmqnt rtmaininp unpaid 7 day aiter it• due date, and a like aum shall t,e added ~o each such ins~allmant t~maining unp~id 7 day~ aftK each succseding payment ds+e. Eath maker, svmty and endorser hereo~, joinNy and se+craliy, warves demand, p~tsanvr.ent protest a~d nc~ice of protest for nonpaymenf, ~nd futthN agree~ to a~ry ~xtension of t~~ne of payrr~nl, either belore ur after ma~u*~ty, w>>ho~+ not:ce to any of ~s; and to pay all costs of cottedion, Includlnp ~ reasonabk attwney i fte in the event of any default hereunder, e~~ hereby sevrrally waives all benefit of homestead and sxemptio~ under fha caatif~tion and I~ws of each State of tFa Unitcd States, as a9a~nst this obi~gahon or any extr~~sion or ~e~~wal hereof. Witness ?hs hand and seal of each pa~ty. PBT~ M. LBAMING~ INC. BY:S/Pator M. I,ea~inq~ PresideAt Corporate seal affix~,, ~ C, , ATTEST: S/Breuda B. I.~a~iny, Sec~Ceti?ry-~ ~ ~ Tr~asures ( ~47.4d ~ State Revenve • • , NOW, THEREFORE, ths MORTGAGOR iw the r se of secv~i a ment of said sum of s 31 ~600.0~ P~ Po ^9 P Y .~ad ~he pKform+nce ot tiN covenantt ~~x) ayrasmen~s hereinafter exp~essed, and fw diven 9ood and valuabte cor:s~derstio~s, by tikse pr~sents, do~s ~~ant, bar~~in, ~ell, nmise, relcas~, convey u~d conl~rm unto the MORTGAGEE, its tuccessas end ass:gns, a~f ~hat ce~tain lot, plece ot partel of l~nd, sitvatt, lyinp, and bsirp In th~ ~p~~~y pf $t . ~.11C1@ and State of Florida, desvibed •s follows: Lot 22, Block 510, POR? ST. UJCIE SfiCTION 10, as per plat tber~of on file in Plat Book 12, page 49, pnblic records of St. Lucie Coxnty, Florida. ~oNE~ ~~~~-~~f5- o~~~-~~ s By agree~ent of Mortqa9or and Mortqagee on file with Mort9ayee, tbe withia ,ortgage secures not only an existing indebtedness, but also.AOVANCBS to be t~RFAR?ER vade by Mortyagee to Mortyagor~ the agyseqate of whieh will equal the principal asount specified in tbe proaissozy note secazed hereby. This aortgage deed is re-recosded for the exclnsive purpose of coszectly~ I specifying the corporate execution ; t~F FLOR~~~;1 of the pronissory note secured hereby. ! - STATE S i h i'd F T l'. 3. ~ DOCUMENTAR ~ ~ a= " UfP- T•ili kEVENI?Er_~~~.: a 7 a~~ ~ I Zr oP _ ~ ? ~y~ ~ - ~C "t~ntljij t~~• +y _ ~v P.9. + ~=r~~' ~ ~ ' ~ ~ i~ Yl.k f . ~ ~ = t?~~:f ~ . ~ ~ ~~n p,~~kF; E p . (~IERJ[ pq6t~t~ ~ 1bl~. ~l ~ ~L s~ 4N;~E L~D., : ~ - ~ - ' ~ . ~ ~ toyethe? with aN and singulsr the tenements, hcredifament• and appu~tances thereuMO belon~ing or in anywise ~ppsrtainirg tF~ereto, and all renb, issup, - ~ prxeeds and profits acuuing and to scvue from said premises, all of which are included in the abore and fwepoirg description and Mb~ndum. ° ~ TO HAVE AND TO HOLD the above dexribed end grant~d prem~ses unto the said MORiGAGEE, iri succeswrs u~d auiyns faswr. Md th~ said s MORTGAGOR for lts he;rs, e:ecutws, adminisrrators ~nd atsigni, hereby tovenants with the said MORiGAGEE, itt wttators ~nd astipns, - ~ thst ; 3 ; a lawf~lly seized of the said prem]set in fee simp~e; tb~t tM same are free, cleu and discharged f~om all liero ud ~ncwr? . : brances in Isw a in eqvity, and that~te will and it S hein shall wsrrant and defend tM title to the Nrn~ to th~ tafd ~ MORTGAGEE, its tucceuors and aasigns, forever against the lawfvl cleims and demsnds of ~II persom; PROVIDED, AIWAYS tMt if th~ MORTGAGOR shall pay unto 1he MORTGAGEE the promiswry not~ hereinbefore dewibed and sh~ll truly, promptly •nd fully perfwm, discharpe, execute, complete, comply w~~h and abide by each aru! every the stipulations, preemcnri, co~!l~tioru ~nd tovs~anq of ~aid promiswry not~ and of this Mbrtgaye, then this Mortgage end the Esbte hereby usated iF»!1 uas~ and be null sr+d void. _ ' IT tS UNDERSTOOD tMt tM wwd "Mortyayoi ' whe+her in the singular or plvral anywhers in this Mort9+fl4 ~ s~p~~~}t ,if. on~ ~nI1r and - sh~l) bt pFurd ~oinHy ~nd se.y:s~; ~ r•c-t h:m o-~o, s.d that tne word -'~he~r" as used a~ywMre 1n this Mortpaye sfi~ll b1l~keri ro iMan ~'{~is4 "Mrs," ;i~ v : or "iri;' wherevN the cont~xl w implies or admits. Also, that wherever there is a r~ference in the coveoams and apreem~nb hertin cot?tain~d b any Of ~ ~ tF» psrtiea hereto, tiw same shsll be conatrued to mea~ ~s well as the heirs, legal r~presentstives, successors and augns (~ithN voluntary .by ~t pf th~ ~ Z p~rtits w fnvoluntuy by operation of the law) of the same and th~t the cover?sms hertin contained shall bind u~d tM b~~fib and advaMayp inw~ ~ ~o th~ rtapediw FNirs, kya) represematives, wcceuws and ass~gns of the parties hereto. i ~ Md said N1wtp~ora, fw lhemulves and Iheir hein, legal representative~, succestors •nd ~siiyos, hereby jointly ~nd swaaty aove~nt ~nd aprN ° to and with tf» said MORTGAGEE, iti svccessws ~nd assigm: ' ~ s % 1. To pay ~II and sirpvlu the pri~cipal ~nd imerest and 1he various end :undry tums of ~t?oney payabk by virtw oi s~id promistorr not~, and Hw ~ n+onyape. tach ~nd every, promptlY on tik days reipettively the sama scv~ratly becane dw. _ 2. To p~y ~If ~nd aggvlp tfis t~xes, aifeumems, Iwies, liabilitief, obliyations and tncumbrarxes of every natur~ and kind raw on said dMCr~d t ' propaty, a tMf MreaftN may be impossd, wHered, ptaced, levied, or assessed tlureon, a that hereafter m~y bt levied w~u~utd upon ti~ AAprlp. ~ aq~, a ths lnd~b?ednea securd hereby, each ~nd ~v~ry, whsn dus and paysble. accordirq to Iaw, before tFwy becor~e deli~qwM, and befon ~ny iretK~at attathtt or ~ny penalry is incurred; AND INSOfAR AS ANY THEREOf IS Of RKOR~ TNE SAME SHAII 8E PROMPTLY SATISFIED AND OISCNARGEp Qf ~ RECORD AND THE ORIGINAL OFfICIAI DOCUMENi (SUCM A5, fOR INSTANtE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAItY ENOORSED ~ OR CERTIFIEO) SHAII BE PIACED IN ~HE HANDS Of SAID MORTGAGfE WITHIN TEN ~AYS NEXi AFTER PAYMENT; and in Ihe event tMt ~ny ttw~of b no1 paid, taY~fitd and discfiuyed ia:d MORTGAGEE may H sny time pay the s~me or ~ny part thereof without waiviny w•ffecti~q a~ option, IiM, eqvity O~ n •~qht undN o~ by virtue of this mortgsye •nd tbe full amount o( each and every wch payment ahall be immcdiately due and pay~ble ~nd sha~l b~N int~r~st ' ~~om the dat~ tMreof until paid a? rate of nine per centum per •nnum and fayetner w~th such inreresr inatl be secv i Gen of th:t mwqby~. ~ r~ ~ rn, 4~, ~ t~ , rt ~..JV 1~CE ~OJ E- ^ ~ ~ _ ~ . _ ~c.Y ~ ri ..r ' ` . ~ ~ J ' ' ~ias ~ ~~F.-:i.~~`:`-s.~.s ~.4v~~":t. , „ . 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