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HomeMy WebLinkAbout0973 ~33Q~;~ , ~ THIS INDENTURE, Mad~ the 22nd day of ~ N,A=C~ ~ ~ A.D. 19 76_, betw~ee? ~ 1 i t ~ rtuth c;~ palmer_ a narried adult ' of $t,. j,uC~B Covnty Fbrida, M?eina(ta d~~igna~ed ~s rh~ "MORTGAGOR," a~d FIRSI fE~ERAI SAVINGS ANO IOAN ASSOCIATION Of FORT PIERCE, • corporat~on w~~nlsed ~nd •xatinp undK fh~ laws of fhs Unitad Su~p of Arn~riu and Mvinp iN principal pIK~ of buw~is in tM City of FoA PiKC~. St. tuci~ Cou~ty, Florida„ hert4~hN deapnat~d ~s tM "MORTGAGEE." WHFREAS tM MORTGAGOR is jvilly ir+dsb~ed ro tM MORTGAGEE in tlis sum oi :~.~OQ -OO yood ~nd I~wful mo~+ey of th~ United Stare~ advanced by tM MORTGAGEE unto the MORTGAGOR, as eviderxed by ~ certain promissory note of even date hcrewith, of which t!w ipllowinp wordf and fiqures is ~ trw to~y, to-wil: ~ 22s~00.~~ No.._3=2 S9 _ P~?~.. FI«ida. ~farch 22 19 ~6 i For valus rece+ved, 1, vw o~ eithe~ of ue, prom~se to pay, witlwut defalcat~on, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE a1 fort Pierce, Fbrida, the sum of E 22 ~~0 with interest irom date at ttie rate of 8• 7~ per ~nnum, in monthly initall- ments as fo~tows: 3 181.~ oe~ the 2Oth d~y of July , 19 76 ~nd a like ~um on Ihe corre~pondiny day of eacF? month therr after until ~he whok be tully paid. Each insullment fint ihall be appfied in psyment of the interest ~~d then on tMe unpatd balaMS of tM princip~l sum. If default is mad~ in tM peyment of soy in~taliment whs~ dw, ~nd iuch default contin~es 30 days, then at the opt~on of tFx holder, and without any other notice, all the rsmai~in~ installments thall ba dve and payable N once. Privilege is gira~ to prepay this no?e in whols or i~ part at ~ny time without pe~alty. Neither forebearaote, nw ~asphrxe b the holder. thereof ~ftrr a defauh in an menh hercon, sh~ll be deemed extensbn. A late rg F Y ~+Y Y P+Y P+Y~++ens cha e of ~ 9.OS , sha1) be , add~d b sxh irarallment rcmainin~ unpaid 7 days afttr iri due date, and • like sum ahall be addad to each such instailment rem~ininp unpaid 7 d~ys aftK each succeedirg payment date. - Each maker, aurety and endo~ur hereof, jointly and severalty, waives demand, presen~me~t protest and rsotiu of protest fw nonpaymmt, and funhst ag~ecs to any extension of time of payment, either before or after mawrity, without ~otice to any of .us; uid to pay all co~U of colleclion, includinp • reasonable attorney's fee in the event of sny de(ault Fxreurtde?, and hereby sevrrally waives all benefit of homestead snd exemp~ion under 1he constitutioo and laws of each Swtr of ihe Unlted States, is against this obti~tan or any ext~nsion or r~nswal heraof. Witneu the Mnd ~nd ~tal of tath party. s/Ruth G. P$lt~er~ a aarried adul~~ . ~ (s~?U (5~?U ~ ~33.AA a s~.rs ae~sow (S~?U l~esrnp~r ew+cetl~edZ,n ~rt~rn~~net~T ' • ~ k • : NOW, iHEREFORE, the MORTGAGOQ fw the pvrpos~ of ~ecvrir+p payment of said wm of ~ 22 ~~0 ~nd the p~rformsnc~ of th~ _ covenaNS ~nd ~preements her~inafter expressed, and fw divers ~ood ~nd wlwbl~ conaideratian, by thesa p~tsents, does grant, bargain, sdl, r~mise, release, convey ~nd confirm unlo the INORTGAGEE, ifs successors u+d auiyns, all tiwt tert~in lol, pieu w puul of land, situ~tt, lying, and beln~ in ths County of St ~ I1iC~e . and Sqt~ of Plorida, d~wibsd n follows: ~ . ( Lot 11, Block 500, PORT ST. LUCIE, SDC?ION. 10, according to the plat tbereof on ~ ~ file in Plat Book 12, Page 49, Public Records of St. Lucie County, Florida, .~~.~~~s~~s ~ .3 0-S;~~S- b5/ 3- D a% USE 0(~l.Y lL By agreement of Mortgagor and Mortgagee on file with Mortgagee, the aithin aortgage secures not only an # existing indebtedness, but slso ADVANCES to be H6RE.- = AFrTER aade by Mortgagee to Mortgagor,.the aggregate of whi~h will equal the pzincipal aaaunt specified in the promissory note secuzed hereby. t I~ s_ ; STATE ~F F S~Rppn ~ ~L~ . , o= o ~OCUMENTARY~~`; . pF ~XF~ ! c-+ UEPT. Of REYENUE t_ i ~ = P~, = ~2~•r6~. ~ . 3 3. 0 0 t ~ ' ~ ~~~.~~J o = ~~?az ' ! Pu~rr ~s ~ ~ ~e. ~u. ? ~ . . ~ ~ °0~ , . . I I - ~ ~ ~ togethtr with al) and singular the tenemen», hereditamenri aod appurtances tMreunto belorgirp w in at~ywi~ appert~inirg Hnrtlo, a~d dl re~b, bwn, proceeas and profin atwing ~nd to acuve from ssid p?emises. ~II of which art included in th~ abow u~d for~Qoin~ dewiption ~nd lNbe~dwn. ~ TO HAVE AND TO HOW the abow describ~d and yranted premises unto th~ seid MpRTGAGEE, ib svttestort and assiyro forewr. And th~ MW ~ MORTGAGOR fw her executas, adminatr+ton ~nd ~isigrn, hsreby cowns~+fs with the said MORTGAGEE, ib sucuswrs and usipra, tMt Sbe i5 lawfully seized of tFw said premise~ in fee simple: that the ~ame ~re frM, cl~ar a+d dhcF~arped from ~II li~na u~d ~ncun? ~ ~ brancei in law or ln equity, and that Sbe will and heZ heirs shall w~nant ~nd d~fend the titb to tM wr~ to tM aW ~ /~40RTGAGEE, in successors end sugns, fwever a~ainst the lawful claims snd dem~nds of all perwro; ' PROVIDE~, ALWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE tF~e promisswy note Fxreinbefore dettribed and sFwll trvly, promptfy ~ and fully perform, dixMry~. ~:acute, comptet~, comply with and ab~de bv each and ~very the stipul~tioru, apreert~en», conditans ~nd wv~n~nts of said ~ prom~ssory not~ and of this Mortyaye, then this Mortyage ~nd the &ate hereby created sh~ll ce~se and ba rnrll and wid. . f ~ IT IS UN~ERSTOOD that the word "Mwt9spor" whether in th~ singubr or plwal anywher~ in this Mwtg~pe, shall b~ sinyular if or+~ anly ~nd ~ e j shsll be plwal jointly ~nd sev~ralty i1 more fhan one, and that th~ wo?d "their" ~s used snywher~ in tha Mwty~ye sh~ll be taken to m~sn "hia," •'h~ts,•• or "in;' wherever the conteat w impties w admits. Also, that wi~ereve~ there i~ a refere~c~ in tM cownsnri ~nd ynertKnls her~in contain~d b airyr of P ~ the parties hereto, the same shdl bs construed ro mean a~ well ~s tM hein. Ipal r~presentatives, sucussors and assiyns (eithe~ voluntary by ~d of th~ ''O ~ parties or involuntary by operation of tM law) of the sa~n~ Md that ~he covenann herein contained ahall bind and th~ bsnefin ~nd advantsy~s inw~ ~ io the r~spectiw heus. I~yd r~prresentatives, wctesaon and ass°9ns of tFN p~~tita hereto. ~r~/ ~ Md s~id Mwtgayors, for themselves and th~ir hein. lpal repretentatives, svcceuws ~nd ~ssipns, hereby joimly ~nd ~everalty ooven~M and apr~e ro ~nd with th~ said MORTGACsEE, iri succeaso~a aod assiyra: ~ 1. To pay all snd sinpulu t!» principsl and i~terest and the wrio~n and wndry sums of montr payabk by virtw of said an' ~ ~ morty~e. ~ach ~nd every, promptly on tFw day~ respectively tFK s~me sev~r~lly becor~x dut. ~ ~f~ ~ + 2. To p~y ~II ~~d sinyvlar the taxes, auessmenb, bvies, liabilities. oblip~tions and ~ncwnb~aixes of iwry natw~ ~rd kind now on said daa~d Wope?h, w that he~e~fter noay b~ impowd, svHered, pbad, levi~d, o? ~uesied thereo~, w that Mreafta may ba Iwied a a~seswd opoe thi~ Ma1p~ ~ +9~, w th~ ind~btednea ~ecvred lweby, each ~nd wery, wh~n dw uid piy~bls, aawdirg to law, b~fwe they b~corn~ d~linqwM. and befw~ any MNKat ~ at?aches p any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII 6E PRO~IAPTLY SATISf1E0 AND DISCHARGE~ Of ~ RECORD AND THE ORIGINAL OfFICIAI DOCUUIENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OffICIAIIV ENDOltSED ~ OR CERTIFIEO) SHAII 6E PUCED IN THE MANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in t~ svent tMt ~ny tFwr~of a na ~ paid, aCtfied ~nd dixha?ged sa:d MORTGAGEE m~y at any t~me pay tM same a~ny part thereof witF?out waiviny w ~ffectirq a~y opYwn, lien, pvih p ~ ~ •tqht u~der w by virtue of this mortgaye and the fvll amovnt of each and ewry such paymertt shall be immediately due snd payabk ~nd ~hall bear iMKqt ~ fiom the d~te tFroreoi until paid ~t rate of n~ne per ce~rum per annvm and toQ~~her wnh wch interest shall be secu?ed by tM litn of th:s mwptap~. ~ ; , - ~YS ~ _ 1- - i . ~,y~ 1 . 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