HomeMy WebLinkAbout0797 ~30~;3,i ~
THIS INDENTURE, Nl~d~ ths 18t~1 day of _~rCh A.O. 19 76 d~tw~an ~
Andr _r ~ehe r c_nn ~ a s i nn~l ~,~~u 1 x _ :
i
of SL. LllCl@ ~Q~~y Flaida, MreinaitN d~~iqnated as th~ "MORTGAGOR," •nd fIRST` FEOERAL SAVI!VGS AND IOAN ~
ASSOCIATION OF FORT F:ERtE, a torpa~tion wp~nlsed and eai~tinp unda IM lews of tM Un~ted St~t~s of Amtriu •nd Mvlnp iq princip~l pl~p of
bwintas M tM City of Fort PiKU. St. l~ci~ Counryr, Fbrida, h~rtinaita deiipnaqd ~s tM2AlOBj~y(?~E.~O
ZS VW ~~Wful mw+e of tM Uniled
WHEREAS tM MORTGAGOR b jv~11y ind~bt~d io tM MORTGAGEE in tM tum of s ,~ood y
SUt~s sdvsrxtd by tM MORTGAGEE unto the MORTG/1GDR, at •vidonced by • cer~sin promiuory note of even date fw~swith, of which the followinp ie?
=~~'a~d~,~pur~s • vw copy, to-wit:
vi~~~ ~ 11000400
~ F«t v~~«., florida, March 18 _1976 ~
For wlue received, 1, we ar eitl~er of us, prom~te ta witho~t defsicauun, to ~he order of FIRST FEDERAL SAVINGS Atv~ IOAN ASSOCIATION OF ~
r~ ,
FORT PIERCE at Fort Pimc~, florida, the s~m of 28 w,~h ;~~ere t from date at Ihe ~ate of8' per a~num, in monthty ipslalM ~
231.U0 20t~ June 7~i '
nwn~i u totlowi: Z_ on tfi~ _ day of 19_____ snd a like sum an 1F+e cwre~po~d~n~ day of each month tMrr ~
afl~r vnlil the whola be fuily paid.
E~ch insultment first shell ba app!ied in payinent of the intere~t snd then o~ Ihe unpaid balance of tl~e princ~pal sum. If def~ult ii mad~ In tM j
payment of any in~ullmem wMn due, :nd iuch def~ult cont~nws 30 d~ys, thsn al the op~~o~ of Ihe holder, and wilhoul any olher notice, all tht r~maininp ~
insullmsnts ihail b~ due and paysbk at once. Privileqe is given ro prepay this rata In w1al~ or-in pa~ at ~ny time without penalty. Neithe~ fwebearanc~,
na ~cceptsna by tM ialder ~hcreof afier any defauit in any payments hereon, ~hall be deemed exie~s~o~. A late paymem chup~ oi ~ 1.
55 ~haU b~
sdded to eath in~t~llment ~emsiniop ur+p~id 7 days ~ftsr i» dv~ d~t~, ~nd • like sum ahall bs added to each such installmen? remaininp unpaid 7 day~ ~ftK
Nth s~xsredirg P+Yme^1 daM. '
Eath maker, surety and erxfase~ ix~eof, joimly and sever~lly, waives demend, presentrt:ent protest snd no?ice of ptotest fot rwnpsyment, erxl futtF~e~
•grNS ro~ny ezt~ntion of time of paymant, either brfwe a sfter maturity, without notKe to any of us; snd to pay all casts of callection, includirp ~
reswnabl~ attorney's iee in the event of any defsult Mreunder, and hereby severaily waives all 6enefil of home~tcad and exemption under tM conititution
and t~ws of e~ch Stale of tt?e United S~ates, :s sye+rut this obligition or any ext~nsion or rsnew:l hereof. .
~tnes~ the hsnd and se~! of each party.
S/ Andrew McPherson, ~ ~
, . . , _ ~ _ ,r, , ~ a s~.ngle adult ~,U ~
~ ~
~ $42.0~ ) st,t. Rav.nw _ - (~~1
~~PIOW, THEREFORE, tha MORTGAGOR for ths r 28 OOO.OO
pu pose of stcvriny payment of said sum of i • , and tM perfwmu+cs of th~
cova?+ntt ~nd apreemenri Asre~nafter expressed, and to~ d~~rers pood and valwbl~ oonsiderations, by /Fase presents, dws prant, bargain, seli, r~+nise, E
rel~as~, convey and confirm unlo the MORiGAGEE, iti successors a~ ~uiym, ~11 tMt certain bf, piec~ a parctl of I~nd, ~ituate, lyinp, and beinp in th~ ~
~~ry ~ St . L.11C1@ and Stats of Fbrida, dsacr~bed fo!lows: ~
Lots 18 and 19, Block 9, INDIAN RIVBR ESTA2ES UNI? TWO, according to the Plat
thereof recorded in Plat Book 10 Page 46, public records, St. Lucie County,
Flor~da. '•°P~iSERS ~ ~
,~E o~~~Y -3~~a - G c.3- ao~7; - ooo~ ;
~
By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the. ~
within mortgage secures not only an existing indebtedness, but also ADVANCES ~
to be HSRBAFTBR r,ade by Mortgagee to Mortgagor, the aggregate of ~?hich wi21
equal the principal aaount specified in the promissory note secured hereby. ~
~
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oF FLORtDA.1
' ~ STATE ;
! ~ OOCUMENTARY,~'.~ STAMP TAx ~ ~
i °c-+ ° UEPT. aF REYEMUE ~ pv i
~ ~ = M~R2~'I6 •
~ ~ _ Pd. ~ . • ' + ~ ~ O O ~ AEC6IYE~ Z.~l.~--~-/IN PAYMFIIt OF 7AXF~ ~
~ o - u~e2 j DI~ 011 fLA~'C IMTAN81~.f ?t!~ONAI. PIIOP~~,
' PIiRSUArf lY IaiAr'iER 71-13~. ACT: ~ 1l71.
. . . ~6CR POITRIIS
q.fA1( C1116tlIT OlhfK7. ST. f.~IC1E !10., ~
topftFw with sll and iinyular the tenemenri, hereditaments ~nd appirrts~us th~rcunto belorepinp a in anywi~e ~ppert~ininp thersfo. ~nd all r~nb, (ssup,
proc~eds and profits sccruirg •nd ~o acuue from ~aid pr~mises, all of which are inuuded fn the abov~ and fwrpoinp descriptio~ and Mb~ndum.
TO HAVE ANO TO ~ the ~bove d~scriMd snd grantsd premises ~nto tM said N10RTGAGEE, ~in successon ud auiyra fww~r. Md tM s~fd
MORTGAGOR fo~ th"°r hein, executon, administnton snd sisigm, Mreby tovt~+nri with the ssid 1NORTGAGEE, iri suct~ston u~d usipia,
that -~QV axe__ ~,,,,,t~i~Y xi:ed of ths s+id premises in fe~ simplo: tMt tlw sam~ ars fre~, ck~r and d3schuped from all li~ns and ~ncvnr
b~ances in law a in ~quity, ~nd that the v will ard thei r hein shall w~rrant ~:~d deftnd tFr tHt~ 1o t1w same to tl» sdd
MORTGAGEE, ib successori ~nd aui~ns, faever agairut th~ lawful claims ~nd demands of dl psnauj
~ PROVIDED, ALWAYS 1Mst if the MORTGAGOR shell p~y vnto the MORTGAGEE the promiuory note hereinbefore dewibed and shal! trufy, p?omptly
and f~l~y pNfwm, dischary~, execvte, compkte, comply with and abide by esch snd ~v~ry the ~tipula~ions, ~yreements, tontlitiom u~d covenants of said
¢ promi~sory not~ ~nd of this Mwt9ape, then this Mwtgage and ~he Est~te hereby ae~ted tMll usse and be rwll ~nd void.
~ IT IS UNDERSTOOD th~t tlu wad ••Mortga~w•• whNhe~ in tne singulsr w plw+l artywhert in this Morty+ye, shall be sinpulu if on~ only and
shall b~ plurat jointly a+d wwr~l~y if mort than ons. ~nd tM~ tM wwd "t heir" ~s used anywh~n in tFis Morty+Q• shall be t~ke~ to m~an "F?i~,» •'Mrs;
,
o~ "its;' vrhaerer the-cont~xt w implies or sdmits. Also, that whereve~ thae i~ ~ refaence in tM covtn+nts and apr.emenn Mr•in conuin.d to any of
~ Ih~ puties hereto, tM sanw shall t.s construed to me~n ~f well as the Mirs, Ipal npresentatiws, sua~stors and ~atiyro (aitFwr voluntary by M of fhe
~ parti~s or Imdunt~ry by operatiw~ oi tM law) of ths sam~ ~+d that the covenant~ herein cont~ined ah+ll bind ~nd th~ ber~efiri ~nd dva~tpp hwn
~ to tM r~tiw Min. Ipd representativa, succ~sson and ~u°gns of th~ p~rt~es herNO.
Md aid Matppors, fw thems~ha a~d ~heir hein, ley~l represent~tivea, wcceuon ~rrd ~uipns, i?ereby jointly and stverally cawn~nt ud ayne ~
~s~. to snd witF~ tF~t wid MORiGAGEE, its s~,ceuon and aui9m: ~ ~
~ 1. To pay all ~nd sirgvlu tFN p~incip~l and intNesl snd fh~ various ind wndry sums of monsy payabb by virtw of ~sid promiuwr nof~, and t}~N
mortyap~, e~cF~ ~nd ~wry, promptly on !!w d~ys respectively tM time wv~rally b~cam dw.
2. To p~y ~II and skgvlar tM taaes. ~ssstunents. I~viea, li~bilitie~. oblipatioia ~nd enc~mbra~ces of every natvre and kind now on said d~wlb~d
h prop~rty, a tMt here~hN may be impo~sd, wffer~ed, pt~ced, levied, a aaesud tF~eraon, or thal Mr~~ftN may be Iwied a assesad upon tM~ Nbtq-
p~, a tiN ir?d~budness secureA Mrsby, e~ch ~nd ~very, when dw ~nd payable. ~ccadi~p to law. Mfw~ thty becore» d~linqwnt, ~nd b~fon ~ny Intaat
~naches a sr?y pe~alry is i~cvrred; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PRO/MPiIY SATISf1ED AND DISCHARGED OF
RECORQ ANO THE ORfGINAI OFfICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AlLY ENOORSED
OR CERIIFIED) SFUII 6E PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NEX1 AFTER PAYMENT; ~nd in the event th~t any tlx~~of i~ no1
~ paid, sat:~fied and distbar~ed saEd MORTGAGEE m~y at any time p~y the same w any part thereof without waiviny w affectirg any optior~, lien, puity o?
~ ~~qht ~ndN w by virtue of lhis mortgsye and the full ~moum of each ~nd every tuch payrn~n~ shall be immediately dve a~d pay~bb ~nd shall btar 1Mtr~st
a ~rom the dat~ tF~enof until paid at r~te of n~ne per centum per s~num •nd toye~he. wlsh s~ch i~tc~est ih~tl be secured by the lien of th:s morptap~.
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