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HomeMy WebLinkAbout0649 ~ ,,.t ~'332~~0~ THfS lNOENTURE. 1Md~ tl~~~ ~ 2~ . d~y of ~`~`1 A.D. 1976 . bNwNn , • . 1~Ti11181R I.ee Od ont~H. 8 e Orils~ x~ A Qf _ • C e ('.p;My f{ptid~, hK~in~ft~ll desiqMt~d ~s th~ °MORTGAGOR:° end FIwS~ FEOERAI SAVINGS AND IOAN ASSOCIA110N Of FORT PIERCE, ~ oorpa.rian oryaoised •~d ~xa~irp w~dM tM laws of th~ Un~r~d Sans of /1,nwiu •nd lwvinp in princip+l pl+a o~ bvsirwss in d» Ci~y 4f fon Pi~rce. Sf. tuci~ CouNy, fbrida. ha~Lwf~a da~pnaad W tM "MORTGAGEE." WHEREAS th~ MORiCsAGOA is j~nlly ind~bl~d b tFr MORiGAGEE in thi swn of :30~~~~~ poa! and I~wful mon~y d 1M United Sat~s adwnced by tFw MORTGAGEE u~~o tM MORTGAGOR, ~s ~vide~ced by + certain promissory nor~ of even date heaw~~h, oi wh~ch tM lollowinp fn ,~,o,~.~w~a . ~.w co~r. a~~r ~ 13000279 ~ ' ~ Fwt PiKCt. florida. ~1'il ~ 2 19~ fp valw receiwd, 1, vw w eithK of us, prp~;,,~p~y,~Mri~hout def~lcatan, to ths wder of F125T FEDCRAL ~Vjtj~'sS AND IOAN ASSOCIATION OF FOitT PIERtE at Fort Piuu. Flwida, 1!w sum of i~V VW~W w~16 int~ ast irom du~ at the r~h of ~~JX p~? ~nnwe. in monthly imtafl- men~i n folfows: ~~7~~ on ths2~'h day of ~ 197~ _ and ~ lik~ wm on the co~respaid~np day of each ma?th Iherr afler untit the whole b~ fuliy paid. Each insu{ImeM (irst iha~l b~ appl~ed in paymeot of tM inferest ~nd tF.e~+ on tM uRp~~d bal~nct of tM prinupal wm. If defau~t is msd~ In th~ paYment of any -irntallment when dus. and such dclevh continues 30 days, thsn at the option of Ihe holder. ~rd without a~y o~he~ ool:ce. all ths nmai~in~ iratallmc~n shall be due a~ payabt~ u once. Priviteps is yiven ro p~epaY lhis ~+ol~ ~n whol~ cY in put ~1 ~ny Y~me without psnalty. N~itjye~~p~bea~+na. nw acc~pancs by tha I+older N+ereoi ahe~ any default ie! anY paYmsntt heteon, shaU be deerned extension. A late payment chug~ of s~ 6 7 sh+ll b~ ' Mided to ~ach iruullment rema~n;~g w~pa~d 7 d.ys •fee. in dw da~•. and • lib a~n+ shall be added ro e~ch such ie+stal~ment r~ininy vnp~id 7 d~ys aAer sach succeedi~+p paYmcnl data E~ch make~, surety and endasa hcreoi, jointly a~~d sev~rally, waivq dem~nd, p?esentment p~otest and notic~ of proust fw ranpayment, and fwther a~rraes ro ~ny ax~ens~a+ of ~~++e of paymc.~~, litl~lf bft~0~0 Of iftN ~M~W~ty, without not:ce Io ~ny of us; and to pay costs of collecYan, includinq • reasonabt: attorney's fee in tM'eveot of any default Mnunde~, and he~eby uverolly waives dl benetit of homestesd and exemption under tM ca+~tirirtion and laws of each State of tM Uniqd Sures. as a9~ins1 this oblipation w anr eatension or renewal her~of. Witness tM M~d u~d seal of each party. • . e/Mji.11i8D1 IA9 OBbol'ile ~,,,y „ . , ~ - ' s . e orne ~ f ~~~W 1 $isM RtvlflVf . • - (Sfsllp~~ilAd~11'b11~1IT~ir1t81~ ~O' O~• ~ NOW, THEREfORE, the MORTGAGOR fo~ fha purpos~ of secvrinq p~ym~nt of said wm of t . and tM perfwnrnc~ of tM coven~n~s ~nd pre~menn her~ina(te? expressed. and iw drers ~ood ~ v~lwbl~ coru~dsr~?iom, bp thfa~ p~ese~ts, does 9r~nt, ba~~a~n, sell, rem;se. rdcaw, ca+vty and co~ym wNOC~MOATGAGEE, ib successws and auipns, aU tMt certain 6ot. pieoe or partd of 4nd, sitwts, ly&~y, and beinp in th~ vL• 1~1 C~~y and Stat~ of fbrida, desuibed u fdlows: Lot Block 32~, PO~T ST• UTCIB SBCTI~i 3s ac~ording to the Plat thereof on Pile in Plat Book 12, Page 13, Pnblic Nscords of St. Iucie Ca~unty~ Florida. J ..,~•.:~.tcr~ i. . ~ GNLY ~ - By agreenent of liortgagor and l~ortgagee on le xith Kortgagee, the ~it~n nortgage se- cnrea not on~,y an eaisting indel~tednees b~t aleo ADYAN(~3 to be ~FTSR made by - Mortg:~~~_e to Mortgagor, the aggregate o~ xhich ~rill eqnal the principal ameonnt specitied in the promisaory note aecured hereby. ~ S~T'~TE oF FLGRfU ~ . ~>Z DOCUMENTARY.~~~-.~~TAMP 'n 1 I ' c" ~ JE?T. OF kEYENUE -sq- ! . _ ~PR t5'li t'-~~~~ ~ 5. O O~ c' _ Pg, - ~ . .yr ~ o = I1101 ° ' _ • RECEtVED IN PAYMEIIT OF TAXfS 0llE 0" CJI'S'C' IMTAN616LE PER90MAL PROPERfY, _ PI;fSlANT TO CIIAPiER 71-134. ACrS OF lYIL m~ ~ NOGER POIiM3 CI.EJtI( G~qMT OOIIR~ ti. !!N'dE ~ HA, loyetlw with all and s"egular ti+e tn+ern~nri, her~tamer?t~ u~d appurlances iherew?to belonpirg or in uiywiw ~ppertaininq tlwrtlo, and all nnts, issws, proceeds ~nd profi» acwi~q and to xvw from s~id premises, sll of whid~ are inckded in the abov~ and forpoNq desviption and h+bu~durn. TO H/?YE AN~t~O~~ the abovt described snd yrsnted premises unto tM s~id ARORTGAGEE. its wccesson ~nd usipm fortvu. Md t!» s~ld IUIqRTGt~R for r hein, e:ecutws, adn+inistratws and auigro, lwrtby cow~ants with the uid MORTGAGEE, ih waRSwn ~nd a~iprn. th~t ~~e lawfully saud of the s~id prempes in f~t simplr, that the s+m~ m frw, cM~r and diuharyed from all li~+n and ~ brances in Iwv w In equity, and that t'h~ will ~nd ~~T hein shsil wunnt and.defend tM titl~ w t!u sam~ W th~ sdd MORIGAGEE, irs svccesso.s and ~ugns, forewr ~y+unt t1n bwful cl:ims and de.nands of all penau; FROVIDED, ALWAYS that if the lY10RTGAGOR shall p~r uoto t!K MORiGAGFE th~ promisswy rwt~ F~tinbefore dewibd and sniR tnrly, promptlY and fully pe~form, d~xfi~rqs. exacut~, complet~, comply witb and sbide by each ~nd ewry the stipulations, yre~mann, conditaru and oov~nanta of ~id promissory not~ ud of tAis Mortyaye, then this JNortys~ aeed the Esfate haeby C~~ted sh~11 c~ and b~ rwll and voic~. IT IS UNDERSTOOO lhat ti+e word °MortQayor' whethcr in th~ s'u+qular w plw+{ anywher~ in this Mort~ape, thall bt sinpul~r if ww only and shall b~ p1u:a1 pintly snd swerally if more than one. ~nd tha~ th~ vrord "thea" as used anywhen in tFib Nlortyape ~hall bt taksn to m~an "hu," "I+~n,".~, a"its." wF?ereva th~ contea~ w impfies a admits. Abo, that wF~erevar tAer~ is ~ rtfere~ct in th~ coven+nb srtd apree~nenb Iw~in castia+ad to ~ny of the parties hereto, the ume shall b~ constrved to mean as vwll u tM I+~in. Is9at representafives, succesiors and ~ssqns (eitha vawnary b~? act of th~" ~ parti~s or i~voluntary by operat~on of th~ law) of the sarne and tMt ~ha covc~nn h..eM con~:med sh.11 b~nd and ~M berwf~n ud advanapes tewr•~ ro the respective hcKS, k9+1 rep~esemarives, waessors and ass~ro of ~h~ p.rties hereto. Md said N{wtyapon, for tF~croselves «~d th~ir Iwin, Iey~l r~presenatiws, succ~awr~ and auipry, hRreby jointly ~rv! wverall~r oovsnant snd aprN~ b a.d with tF~ said MORTGJIGEE, its suctessors snd utipns: . 1. To pay all and singular tM pri~c;p~l and int~rest ~nd th~ v~rious and wrdry s~xns of inooer p+yable bp rirtw of said p~omiswry nWe, and tNs ~ mwty+9e, eath ~td swrr. pomptFj a+ tM d+Y~ resp~ctivelY the same stverally betoaw dw. ~+t 2. to pay s!1 and s'wgular the taxes. ~su.ssm~na. IM:es, liabiiiries, obi~pations and encurnbr~nca d swry natur~ ud kind ~ww on ~aid danib~d WaP~h• a ~hn hs.~she? may bs impowd, wffa~d. P~+ud. Iwied, a au~ss~d ther~on. or that hereafta~ map be kvied w~es~sd upon thi~ Morq- ~ pe, or tM ind~b+edrrss s~cw~d ha~bY, each snd wary, wh~n dw and p+yable, xcordir~ to kw, befw~ tfKy becaw~ delinqwM, ad b~foa ury irN~r~st ~ttxhes a a~y peralty is incwred: ANO INSOFAR AS Ah'T THEREOf IS OF RKORO THE SAME SFUII dE PkOMFTIY SATISiIED ANO DISCHA[GED OF RKORO ANO TF4F ORIGINAI OfFIC1At OCCUMENT t5l1CH AS, fOR INSTANCE, THf TAX RKEfP1 OR THE SATISfACT10N P/1PER OFffC1ALlY ENOGRSE~ OR CERi1fIE0) SHAII 6E ?IACED IN THE HANDS OF SAlO MORTGAGEE WIiHIN TEN OAYS NEXT Af1ER PAYMENT; and in the tvent that ~ny tM~~d ir no1 pa~d, sarsfied ~rd d:schar9ed u:d MORTGAGE~ nraY ;oy r~nse p~y the s+me a any pat d»~eof wi~ha?t w~ry~g w~ffecr:rg any option, lien, equity or .ph~ ~rnde? o. by v"wrue of ttiis mortyaye a~d the fvll ainwxa of each and •ve.y wc'r~ ;+ymsr!! .halt be imnxd~atelp due and p+yable a~d sh~ll b~ar imaat ~rom the date t~eof u~tii pa~d at r~te of n:ne per c.ntum per ~nrrwn and toyethe~ with wch infKHt fFNII (7t secwed br the lien of th:s neurptpe.