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TNIS INDENiURE. Mad~ ~~___19th__- a.,, of Ch ' A.D. 19 76 betwe~n
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Ravmond K. ~oley_and Anne K._Foley~_ his wife _
of St . Luc f e ~ County florida, hcre~neiter de~~ynotrd tha "MORtGAGOR," and FIRST fEOERAt SAVINGS AND 'tOAN
ASSOCIATION OF fORT PIERCE, • corpwation ay~niied ~nd ex~i~cny unda tha I~w~ of the Uo~ted Sut~~ o( America a~d havinp iq p~incipal pl~c~ of
busiMW b tlw~ City of iott PiMt~, 51. lutie County, florid~, Mrtina(tar detipn~ted ~s th~ "Nh7RTGAGEE."
WHfREi15 /h~ MORTGAGOR is jwtiy indeb~~d ~o t!w MORTGAGEE in the ivm of s_18_1.0~ •4O good and lawful money ol tM Un~tet~
SNf~f adwoc~d by 1M MORIGAGEE unro the MORTGAGOR, ee eredenced by a terta~n pro~n~esory nore o1 evtn Ja1e fxrowitl~, of which tM (ollowirq in
wada and wq it • trw copY. lawit:
~ 18,0(~0.00 ~ 10021833
Fort Pieres, F~a~d~. Ma~ch 19 19 76
fw wl~e received, 1, we w eit~ of us, prom~ss to pay, wuhout defa!coi:vn, ro the orJrr oi fIRST FEUERAL SAVINGS ANO LOAN ASSOCIATION OF
FORT P~ERCE af Fwt Pi~rte, Fbrid~, ths wm of s_ 18 L~~~ - wnh interest from date ar tt~e rate of 8! 7~ per annum, in manthly in~talM
m~nts as fol!owt: = 16O • 00 on the 2~thd~y of _ M~___ , 19 76_ ar.d e Gke sum oa tha ~e~reaponJ;rp day of each mamh fFxr~-
~fta umil ths whole bt futly paid.
EacA inst~ltmenf fint thali b~ applied in paymem af tha i~terest a~d ~i~en un fhe unpe:d balance of tha princ=pal sum. I( default is m~da in ths
paymeM of any instaliment when dw, and such default co~tinue~ 30 days, then •t tF~e opt,on of the hotder, and without any other notics, all the r~maieinp
inataltment~ ~hsll be dua and payabk at once. Pr~v~leye is yiven 1o prepay Ihii note in whote or in par! at any time witFaut penaity. Neither forebearMtce,
nw ~ct~ptu+c~ by the hpider thereof efter any defauh in eny payments hcreon, shatl Le deamed exte~s~on A late payment thar9e of ~ 8' ahall 6~
~dded to esth initallme~t remaining unpa;d 7 days a(~e~ its due date, •nd • I:ke sum siull be addad to e+ch such ini~allmoN r~maining unpaid 7 dayt ~ftK
exh wccetd:np paYm.ent date.
Each makar, surety and endorur he~eof, jointly and se•~eratly, waiv~ demand, presentmrN protea~ and no~~ce of proteft fw rtonpayment, ar?d furlhtr
a~re~a fo ~+?y exf~naion of t~m~ of payment, either befo~e w after maturity, without noti:e to any of us; snd to pay all costs of collectio~, includinp a
reasanabl~ sttornay's fee in the even~ of any default hereundm, and hr~eby severaily waives all beneiit cf homesTead and exemptio~ under the ton~tifution
and laws of each State of the United States, as against this obtigation ot any exte~s~on or renewal hr~eof.
Witn~ss ~F?~ hand and ual of each parfy.
~ ~ ~ ~ s/Raynond K . Fole,y ~w
Dt1i ON ~ I~AOIMIL MOP~RIY. csEl?U
Pu~wlr ~ ew~rt~t n•1,3t. Ac~'s ai itn. s ne o ey ~
~DeHt r01iIN~t - In~`_ ~U
( $2~80 Suts Revenw q~11( CNIOUIT 001t11i, 3L WI.YE 00., FU~
7ifid~l[]fi100lidca[~XdO~ta[Cfdifp
NOW, THEREFORE, the MORTGAGOR iw the ur 18 OOO.OO
p pos~ of securi~sg payment of ~aid sum of = and th~ perfwm~rxe of th~ -
cov~nanri ~nd ~preemenb hereinafler eapressed, and fw diver• good and valuable conside~etions, by theu present~, does q?~nt, barqain, setl, rtmis~,
rekas~, convey ~nd confirm unto the MORiGAGEE, ib succeuors ~nd au+gns, ell thst certain lot, pieu a parcel of land, situ~te, lyin~, snd bsinQ in t!w
~ry'~ St . Lt1C1@ ~nd Stat~ of Fbrida, described ~s fdlows:
A condominium parcel designated as Apartment No. D, Building Number 312, of
NIGHPOINT OF RORT PIERCB CpVDOMINIUM, SECTION I, a condominium according to
the Declaration thereof, dated August 1, 1974, and-recorded in O.R. Book 230,
at page 2201, inclusive, of the public records of St. Lucie County, Florida,
together with all of the appurtenances thereto, all according to said
Declaration of Condominium. RPP~~sE~ • ~ l,l~ ,G~- ~G9'~ _ liOG 9
USE Ory~Y ~
SUBJECT to all of the provisions of the Declaration of Condominium and Exhibits
thereto, and any and all restrictions, reservations, easement's, licenses and
including a lease recorded in O.R. Book 226 at page 558 of the gublic records
of St. Lucie County, Florida, which the parties of the first part assume and
' agree to perform and abide by.
i -
~ SUBJECT to the terms, covenants, agreements, obligations and provisions of said
Declaration of Condominium which Mortgagor in all things does covenant to
~ Mortgagee faithfully to observe and perform.
~
By agreement of Mortgagor and Mortgagee on file with~Mortgagee, the within
mortgage secures not ~nly an existing indebtedness, but also ADVANCES to be
HEREAFTER made by Mortgayee to Mortgagor the aggregate of which will equal
the principal amount specified in the promissory note secured hereby.
toptther with sll and singul~r the tenements, he?ediNmenta ~nd epputtantef thareunto belor?gin9 ot in anywise appert~ininy thNefo, and dl r~nb, iuws,
proc~eds and profin acuuirg and to accrue f.om said premises, ~It of which ~re included in the ~bove end fw~yoi~y d~scripYan and I+~bendum.
TO HAVE ANU TO HOLD tM abov~ d~wibed ~nd yranted premisea unto ~he iaid MORTGAGEE, its tucc~ssors and auip~t forsvN. Md th~ a~W
their
MORTGAGOR for heirs, executo?s, ~dministrators and •ssigns, hereby covenants with the uid lMORTGAGEE, its wtc~uws ~nd atsiqM,
tMt they . are _~,Wf,,,iy kized of the said premiu~ in fee s7mple; that the same ars fre~, clear and discharyed from ~ll lie~es and encum~
brurces in I~w or in equity, ~nd that they W~~~ t2'1C'~Z heus shall warrant ~nd def~nd th~ titl~ to tht urtw to tM aW
MORTGAGEE, itt s~rttesson ~nd auig~s, laever ~p~inst tF+e lawful claims and demands of •II peraonsj
PROVIDEO, ALWAYS that if the MORTGAGOR sMtl psy unto the MORTGAG~E the promisswy note hereinbefore dewibed end ahall truly, promptly
~rid iully perfwm, disch~rye, sxccute, compiete, comply with •nd sb~de by each and every the atipulatioru, .ayreement~, cond;iwiu and cov~na~h of said
promi~sory rote ~nd of thn Mortgage, then this Mortgage and the Estate hereby ue~tr! shatl cease and b~ null a~ void.
IT IS UNDERSTOOD 1Fwt the wad •,Mutgagw•• whethc~ in the singular o~ pl~ral anywhere in this Mlortga~e, ihal) bs sinpul~r if on~ only ae+d
sh~l) b~ plwal jointly and tw~rdly if mor~ than or», and that ths word "theK" as used anywhere in this Mwt9~e shaN be uken to mtan •'his,•• •'h~n,"~~
or "itt,° whereve~ tFK oont~xt w implie~ ot admitt. Also, that wherever there is a ref~rence in th~ cwen~nts u?d ag~eemenb hetei~ conNlned ro airy oi'w +o
th~ p~ties harefo, the s~mt ahall b~ construed to mean ~s well u the he+r~, kyal represeM~tiver, succsswrs and ~usipns (either voluntary by acl of tF»
puti~s a involuMary by op~ratan o~ the law) o~ the s~me and tha~ the covenants herein corNained sh~ll bind and tht bensfitt ~nd advanbp~s inw~ ~
ro tM r~spectivt h~'u~, byal representariv~s, wccessors and ass~9~s oE tF~e part~es Mreto.
Md uid Matyapws, ia themxlves and their heirs, ley~l representatives, successors and s~s~ni, hersby jointly ~nd sev~rally coren~nt ~nd pr~e 0
ro ~nd with the iaid MORTGAGEE, ifs wcceswrs snd ~ss~gnsc~ ~
1. To p~y ~II and sinpular th~ printipal ~nd inte~est and tha various and tundry sums of money p~YaWe by vinw of said promissory noN, and 1F~t ~
mortyapt. ~ach ~nd ~wry, promptly an tM days respactively tM same sewrally bccom~ due.
2. To pay ~II ~nd sinpular tha taxe~, sssessments, levies, Iiabil+rie~, oblig~tions snd ~ncumbrs~us of every natur~ and kind rww on said d~fafb~d
prop~rty, a tha? Mreafqr may be imposed, suffe?ed, pl~ced, {evied, o~ auessed thcreon, a thst here~fter m~y bs lev'~ed a assesed upon thit Mat¢
pe, or tFr ird~bt~dne~s s~cured F~sreby, e~cfi and eve~y, when due and payable, xcordirp to I~w, befae they becorrw d~linqueM, a+d b~fa~ uiy imerest
attathes w~~y penalty is inturred; AND INSOfAR AS /1NY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPTIY SATlSFIEO AND DISCMARGED OF I
RKORO AND THE ORIGINAI OffIC1Al DOCUMFNT (SUCH AS, FOR fNSiANCE, THE 1AX RECEIPT OR THE SATISFACTION PAPER OfFICIAILY ENOORSfC ~
OR CERTIFIEO) SHAII dE PLACED IN TNE NANOS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; and in Ihe event ti?~1 ~ny fh~r~of b rwl ~
pa~d, ut"sfi~d and d~xharged u"d MORTGAGEE may •t soy time pay the t~me or eny par~ thereof withovt waiving w•ffeainy •ny option, lien, equify o?
~iqht under or by virfue of this mortyage and the full amo~nt o( each and every such paymen/ •hall be immediately dve •nd payable and thall btar ~fer~st
~rom the date thertof until paid ~t rate of n~ne per ce~tum per annum and to9e~her w~th such interest shill be uwred by the li~n of th:i mo.ptap~. ;
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