HomeMy WebLinkAbout0799 Nif~~~ `i~
330~~~)f;
THIS INDENTURE. Mad~ ~M llth d~y of MdrCI1 A.D. 19 76 betwNn
Charles M. Wright and Karen S. wriaht, his.~
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of • j'uC Q Counfy Fbrida, Frt~in~tt~r d~t+yneted ~s th~ "MQRTGAGOR," and FiRST FEDERAI SAVINGS AND IOAN ~
ASSOCUTION OF fORT PIERCE, • oorporation orpanized ~nd ~xiainq unde. ~M t~ws of tM Lni~~d Stat~s of Amaric~ ~nd havinp It~ princip~l pl~u of
bvsin~s in t!w City ot Fwl PiKU, SI. tvci~ Counry, fiorfda, lwroinafta d~~ipna~~d tM "MORTGAGEE."
WHEREAS th~ MORTGAGOR b jvatiy (ndebqd ro th~ MORTGAGEE in th~ ~um of ~4~~0 • OQ 9t,oc! u+d i~wiul r»onsy of ths Unit~d
StatN adv~~ced by tM MORTGAGEE unlo 1M MORiGAGOR, si ev~denced by • c~ruin promiuwy nots of sven da~e hcrew+th, oi whKh tM tollowirq M
W«d~ ~~d t• ~x~~ • t~w copy, ro-W;~: 11000399
= 34 ~00~ . No t.
f„~ P~,p, Fb,~,, March 11 1976
Fa valw r~ttived, 1, w~ w ~ither of us, pr 34 t_Qa~ wi~ t defalcat,on, ~o ?he order of FIRST FEDERAlB V~MSCsS~ AN~ LOAN ASSOCIATION OF ~
FORT PIERCE al Fat Picrce, Flaida, the sum of ~~VV • wAh inrerot1 (rom date at the rats of • "96 per annwn. io monthly imb11-
rnfnts a~ follow~: s_ 28O on ~f,e 20t hday of APr i 1 ~9_ 76 and e lik~ sum on ths care~pax3~np day of ~sch month ttwr~-
•ft~r until tFw whol~ bs fully paid.
Each Irotallment first iFull be appleed in p~ymenl of rhe interesl ~nd then an 1M unpaid bsl~nce of the p?intipsl sum. If def~ult h m~ in th~
payment of any install,ncnt whan dw, and such defsult co~tinues 30 days, then ~t rhe option of tM holder, ~nd without any otht~ notice, ~II tw r~enaJninp
~n~ullmenq ~hall be due and payabls at once. Privile9~ is Qiven to prepay thia rate in wtwl~ w In ps?t ~t en~ t~me wi?hout pen~lty. PNither forebe~~anc~.
reor ~ct~pt~nct by ~ha Falde~ thereof ~fter any default in a~y payments hereon, ~h.~tl ba deamed exte~uion. A tale payment charyt of s14 shsll b~
added to each instal{ment remaininp unpaid 7 days ~fta Its due daN. ~nd a tik~ sum ahall be added lo e~ch ~uch inst~ilm~nt rxnaini~p unpaid 7 days af1K
oach succtedirq paYment date.
E~ch maka, wrery and endwser herwf, joinNy snd severally, waive~ demand, p?esentmeN prote~t snd nofice of p?oleU fw ~onpayment, ~nd furtMr
agra~a to any ex~ensan of tim~ of payment, cithcr be(ore w after marwity, withouf norlcs to any of us; and ro pay all costs of collection, includinp ~
reasor?abb ~ttorney's fea in fhe eyent oi any defouit hereunde~, ~nd hereby severally waives all benefit of homestaad and exemption under 1M cautifvlion
arrJ tavin of each Sfate of ths United Sta?es, as ay~inat this objigation o~'ahy.'efctMsiow•or r~yya! hfrpf. ~
Wi~ness ths hand and seal of each party.
- S/ Charles M. Wr•ight ~ , ~
cs~u
aren . r g ~
$51.00 ~ ~
r ~ sfat~ aev~nw
~~Y+~?~~ie~l~~~o~{~XIX~t~ ~ ~4 00 ~
NOW, THEREFORE, tM MQRTGAGOR fw tM pu~post of secvring p~ym~M of s~id surre of = ~ • , ard tM pwfwmanu of th~ ~
cover~nts and a9rsem~ntt hersinafter e~preued. u+d fw diven 9ood ~nd valuabl~ contiderations, by thew pre~ents. dors yrant, baryain, ~tll, t~mis~,
releau, conwy and confirm unto the MORiGAGEE, iri iuccesson and ~uiyna, ~q ~Mf certain 101, piece w puoel of l~nd, sitwt~, lyirq, Md b~inp in tM i
~ $t. Lueie ~nd Sut~ of Florida, de~cr:bed as follows:
Lot 15, Block 4, ?ROPICAL B6ACH SUBDIVISION, Blocks 3 and 4, as per Plat
thereof on file in Plat Book 10, Page 9, of the Public Record of St. Lucie
County, Rlorida. ~~~5`~ ~ 7(~ 61y0 9 -
lXE OKIY • ~~G~ UQ .7 7 ^
By agreement of Mortgagor and Mortgagee on file rrith the Mortgagee; the
within mortgage secures not only an existing indebtedness, but also ADVANCBS
to be HBRBAFTER made by Mortgagee to Mortgagor, the aggregate of which will
equal the principal amount specified in the promissory note secured hereby.
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Q STATE ~F FLORI~A. ~
nZ ~ OOCUMENTARY,~~`,-~,STAMP IA X i
c-~ UEP:. Of REVEHUE Fs- ~ ~
~ " Ps KAR29'7i ~ ' O ^
r • ~ " ~ ~ O O
; ~ = ~It02~ l,,~^• ~ iiECE~YFD ' v IN PAYIIkM Oi TNAI~i:
; ~I1E pM ClAS6'C tNTAt161B1E tE`t90WIL PI~P~R~`-
; . . Pu~wtr ~ arwr~ n-t~. ~crs eF ~m.
~ ~ a~ cMOar
o~o~nct~sr
wc+~ ~
~ ~
~ togtths~ with ~tl snd sinpular tM tensme~ts, I~eredit~menn and sppurtances fhenuMO belonpinp a in anywis~ app~rtainlnp tMrNO, se~d ~U r~nri, is~ws,
proceeds and profits +cuuiny snd to acvue frcyn siid premiu~, ~II of wlied~ are incl~xled in the above and fwparg description a~d lwb~ndwn.
~ TO HAVE AND jO F~OID fM ~bov~ described and yrinfed prsmi~f unto tFw ~aid MORTGAGEE, in suae~sors and ~ssipnt forewr. Md ti» uid
~ J~I~ORTGAGOR for thelY heir~, exec~tws, adminiitr~b~s and •uignt, hereby covsnan» with tiw said MORTGAGEE, itr wa~uo~s a+d ~niprr„
4 that - the~~- t~wfvlly se~:ed of the ssid premisss in ie~ simple: that ~Fw sam~ u~ frN, clear and discF~rped from all If~m and N+cun?
~ branus in law a in eqvity, and that they will and theil FKirs sha!! wur~nt Md dtfsnd t}~ titl~ w th~ saen~ to th~ wW
~ MORTGAGEE, ib tvcuuora u~d ~ssipm, fwwer ~ysinst tM lawfyl cbims and d~mards of all persa»s
€
~ PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE tF» promiswry note her~inbefw~ dexrib~d and shal) frvly, promptly
u~d fully pe~fotm, disdwrp~, execut~, compku, comply with •nd ~bide by each a~d every th~ stipulatior?s, a~reur~enri. cohditiorn and oevarwnb of s~id
promiawry rats and of thn Mortpay~, then this Mortysps and the Estats henby a~~ted thall uau and b~ rwll ~rid void.
` IT IS UNDERSTOOD that the wwd "Mortys~or" whsther in ths sinpular a plwal ~nywher~ in thn Mwtpp~, shall b~ ~inpvtu 1f on~ only aed
; shall b~ plwal jointly and ~everally if mor~ tMn on~, and tMt tM wwd "tMir" s~ used ~nywh~r~ in this Mwtpape sh~ll be ak~n to mean "his,•• "Fwq,••:~+',~
~ w^in," wFwrever th~ ca?t~,ct w implies w admita. Also, that whereva ther~ i~ a r~fer~nce in tF» covsn~nts and apnemx?n tw~~?n oomakwd to any of w.o
' tl+~ puti~s her~to, tM iamt shall b~ cw?strued to mean ~i well s~ tM heirs. Ipal npr~senufivcs, succ~uon and usi~ro (eNMr vol~ntary by acf of th~~
; partin or irwduntary by op~raNon of tl+s law) of ths ~Kne and that rhe coven.nrs her•ie conui~ed shall bind and rh. b.n.fin .nd .dvsnrp.s 6wn ~
~ to th~ re~pediw hein. Isy~l rprNent~tivs, sucuuws and au~yea of th~ parties her~to.
€ Md said Mortyapon, fw tMmselves and their heirs, I~yal r~esentstives, successon u?d au:ynt. F+e~eby jointly and t~verally oov~rwnt u~d pr~ ~
_ to and with th~ said MORTGAGEE, in successwa and aui9ns: ~
5 1. To pay dl and sinpul~r ttw p~i~cipal and imaest and il~ vsraus and su~ry wms of mor»y psYaWe bp virtw of ~aid promiiwry nW~, and tM~ ~
fi mortyay~• ~ach ud ~vNy, promptly on tM day~ r~spectively tFr am~ ~ev~r~Uy b~can~ dw.
~ 4. To pay a!! and rirgvl~r tFr taxe~, asaessmenri, levies, liabili~iet. oblip~tions and ~ncwnbanua of wery n~tw~ ud kind now on taW dew~d
propaty, a f~N1 FIMfaNM rrwy k» irr.pos~d, wffer~A. Placed. Iwied, or ausssed ther~on, p flNt F1Nl~ftM may bt Iwied a assts~ad upon thk M6rp~
~ p~, oi iM Irdeb?~s secvred hereby, each u~d ~very, wMn dw ~nd pay+bb, aaordinp to l~w. !»ior~ tMy becane d.linqvent, ~nd Mfon ~ny int~ra~
~ •nathes p any penalty is lntorred; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI 6E PRQAAYTIY SATISFIED AND OISCHARGEO Of
RKORD AND THE ORIGlNAI OFFICIAL DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RE~EIPT OR THE SATISfACT10N PAPER OFFICIAtIY ENOORSfD
~ OR CERTIFIED) SHAII SE PIACED IN THE HANDS OF SAtD MORTGAGEE WITHIN TEN ~AYS NEXT AfTER VAYMfNT; and in the w*nt th~t ~oy ti?er~of it no1
~ psid, ~d'sfied and dixhs~yed sa:d MORTGAGEE may ~t any t7me pay the ~am~ w sny p~rt ~he.eof witho~t w~ivinp a affectinp any option, li~n, p~ity a
x •iqht under or by vinue of ~his mortyaye ~nd ~he full ~mount of each and wery such paymem ih~ll b~ immed'utely due and payablt and sFul) b~ar intNpt
~rom the d~t~ thereof until paid ~r rate of nine per centvm p~r annvm a~d toyetMr w~th such interc~t shall be tecured by the litn of th:s morpqp~.
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