HomeMy WebLinkAbout0874 ' , ~ 2636 ~
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rH~s ~~Nru~. M.d. d,• 13th Apr i 1 ~.u. ~9
76~ b.~
Ba.ckus Bntet r ses Incor orated a Florida Cor ration
~ SL • ~.11C @ ~~y p~~ ~~wyflM d~sipnatad u 1!N "AhORTGAGOR," ~nd FIRST FE~ERAI SAVtNGS ANO IOAN j
I1550CIAT10N Of FORT 11ERCE, ~ oorpw~tion a~niz~d .nd ~xiuin0 unda Ii» t~vr~ of tM llniMd S~~tN of Mwrica M+d FVVMO IM p~lnci~l pl~q oi
bwhwa In tlw Cihr of fort PiKa~, S1. tudi CouMy, flaid+. hudnatra dKtpnn~d as th~ "MORTGAGEE." ~
WME~AS dr 1NORTGA~OR N ~uatly p~d~bqd w tlw MORTGJ?GEE in 1M wm of ; 21 ~200.00 ~ y~~ u+d I~wful mawy of ~fw lh~it~d
SqtN art+Mw~d b~r tM MORTGAGfE unto tM MORTGAGOR, u~vidatic~d by ~ a.t+in p.omluory not~ of ~vea daq Iw~with, of wNch th~ folbwi~ In
ward~ and f' i~ • Nw oopy. lowit: '
~ 21, 20~.~~00 ~ ~,j,13021863
~ P~~ Apr i 1 13 19 76
Fw valu~ npiv~d, 1, vw or ~itFwr of promis~ a , wi~how d.(•ica~an, ro ~M ord.r oi FIRST FEDERAL SAVINGS ~Np IOAN ASSOCIATION OF
FORT PIERCE ~t Fort ViKC~. PbrM~, th~ wm of i 21 ~ w~lh inter~st (~om dat~ ~t th~ r~ts of 8• 7~74 q~ +nnuen, tn monthly 1n~tdE
nwnb as followr. = 175.00 on th~ 20th ~y of July 19
76~ u~d a lik~ swn on ths cwraspondinp d+y o1 ~ach month tMn-
dN? until *M wlwl~ b~ fully p~id.
Eacl~ imtal4nN?t tirst sfi~ll b~ applkd in p~ym~nt oi fFN IfItHN1 and then on the unp~~d b~l~cs of tM princip~l ~uen. If d~f~vh ts n?~d~ in th~
payn~+t of ~np inttdMnN+t wMa dw, s++d wch detwlt continuea ~0 days, th~n +t tM option of tM holdN, u~d w~tF?out ~Mr otMr eot~n, a11 th~ r~{ew~p
~n~altm.nts sh.ll b. dw aod pay.bl. •t ono.. P~rrvilp. b p~v.n ~o prspaY rha non in wlwl~ w in pah ~t ~ny f~m.~wirhow pauhy. PNithu tor~r+na.
ear ~oo~pqna by tF» holdM dwrooi aiia ~ny wf~ult in airy paYn+enb t+K~on, tF?~II bt deNnsd eat~nsion. A lat~ payznent cFwirp~ of ~ 8•7S sMl) b~
add~d to taeh instslhn~M ~~maininp w~pa~d ~ dr~ ~ftu iri dw d~b, aed • lik~ ewn shall b~ add~d to tseh sueh iistal4mnt r~wie?inp unpsW 7 day~ ~ftw
~ WYm~nt dab.
E~ch maEM. swNy ~nd ~ndwwr i»r~of, jointly and Nv~r~IFy, waives demsnd, presentment protKt and notiu oi protest fw noe?paym~nt, and fu~th~r
ay~.~s a.ny •aamioe of t~m. of payn~+r, eitMr b~tor~ w~hN m~wiity, wiN~out notcce to a~ryr of vs; and ro pay ~II oosri of aollection, tnclud'rq •
r~aon~bl~ anora~y's f~ in the w~n~ of any def~uU F~~under. ~nd Mreby wveraly waives all b~n~fit of honwatNd and ~x~mption w~d~ th~ wiatiMion
s~+d laws of ~ad~ Stat~ of th~ Unitsd S~~tes; u ap+~ast ~his oblp+tan or u~y _ eatMSion or r~new~l her~of.
wtmas N» h«~d and s~a1 of ~A Party. BACKUS &V?6RPRISfiS, INCORPORATBO _
. _ . RE~?U
Corporate Seal Atfixed s/ Frederick B. Guhse, Preside~y
~ ~ REAU
$ 31. 80 _ ~ • ~ ~ , , . . R~/u~
~ Stat~ R~vs.iw
1su.~.~..~wcdbd•«,•.ri~r~d.w.i 21 200.00 '
NOW. THEREFORE. th~ Ai?ORiGAGOR fa tM purPae of wc+rrinp WYmeet of said wm of i • . and th~ pKfan»sa of Nw
cav«wnb and ~prMm~nb h~rw~skN expressed, and fw dnas qood u+d valwbb considKaNom. bY tMs~ W~sa?ts, dws ~reM. b~rp+iA, s~U. rMniw,
rebas~, oonvw r+d aonfirm unb tM MORTGAGEE. its wcc~ssors and auipn~, ~11 tMt cKUin lot. ~ae w W?pi of bnd, sltva», lyinp, ~rd bNnp In th~
~ St. Lt1C1@ ~ Flaid~, d~wiMd a fdlowu
Lot 1, Block 53, SLTNLAND GARDFaVS SSCTION 4, accoYding to the plat_
thezeof on file in Plat Book 10, page 76, Public Recoxds af St. .
Lucie Cou:~ ~•y, Flor ida.
_z::~~g . ;;/~l'~D 6
CCE Otit'! - so6 a~~~ - oaa a
By agreeaent of Mortgagor and Mortgagee on f ile
with Mortgagee, the within aortgage secures not
only an existing indebtedness, but also ADVANCCs,S _
to be HERBAFTBR made by Mortgagee to Moxtga.gor
the aggxegate of ahich will equal the principal
amount specified in the proaissory note secured -
hereby.
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.r------"-` ' ~ - IN PAriEt(f Of 1AXFS ~
o S
A-r oF Fl._Cl R 1 C3 ouE oN awss ~c ~xriws~ ;
N StAMP TI+X
OOGUMENZARY~'`-~. pu~+wr ~o cwwr~ n-i~, ~crs oF isn. ~
p eosa~ roma?s ` 7 ~
~ ~ ° DEPt. OF REVENVE ~
~ . ~
s + ~ V O $T. LtIC1E flA ~ '
H ~ ° _ ' - ~ 1 ~'li ~ ~ • ' ' CLEIG( GACI}IT OOl1Ni.
~ r^ ~ = IP 02 ~ r`~ - ~
~
top~tl+K with dl and ~inpular tM t~eNmenb. Mr~tarnu~h uw! appurtanus Narwnb b~lor~iq w in sreywh* +PPM~k~O and ~11 rM1+„ hseM. ~
p~ocNds and profits ~ouvirp and ro acvw from ~aid pr~rrus~s. •II of whkh u~ indud~d in fhe ~bo+r~ and fonpoirg dtiufption ~nd IMbendun~. ~
- - .
TO HAVE A~`p TO HOL~ tM abow davibed snd yrant~d premisa unto tM s~id MORTGAGEE, i» wocaso~s and wipn~ fortw. Md th~ said ~
~
N~ORTGAGOR for iLS h~in. ax~a?ton. ~dminanaron and assiym. F~riby oov~nants witk tM s~id MORTGI?GEE, hs suoc~t~on and awipir„
rRat it 13 lawfuiy ~i~ud of th~ wid premis~s in i~e simpl~t that t!w sarM a~ frk, cl~u and di~clrr~d han ~!f IMns aad ~ncwm ~
branon in bw w in pvitY, and tha* 1 t will and ~ t S Min alwll warraM and d~f~nd tlr fitl~ b th~ MrtN to th~ ~Id S
MORTGJIGEE, Iri s~rcauors and Wsipro, forrw~ apsirut tlw tawfvl daims ~nd d~mands of dl p~raonsj ~
s
~ROVIDED. /1LWAY5 that if tFr MORTGAGOR sh~ll pty unro th~ AhORTGACsEE the P~Y not~ Mrsinb~fon d~wiMd ae+d fhatl ttuh?. P~*P~b
~ and firlly paforn. dadurp~. ~x~art~, ea~leb, complp rvith ~nd +bid~ by each ud wKy th~ stipuiatiom, prK+eNnN, caditions and oovsn~+ls of said
prom;awrr rwt~ and of thN lllkirtpap~, t)~n ti~ Mwtpay~ and the btat~ hK~by usahd ~hall a~aN and b* null ~nd wid.
~ IT IS UNCERST(50D tlwt the word °MwW+por" wheN~ar in th~ ~ie~vbr o? pkxal ~nywher~ in thb Mwt ; shaH b~
sh~ll b~ al ' ~nd awrd H mor~ tha+ on~. ~nd that th~ word "~Fwir' a uwd iee thia ~la? if o~ onl~r and ~
P~ I~Y ~1? +nywMr~ Mwtpap~ ~II b~ 1tkM f0 nw~n "F~h." '!~n„`,~
or "it~." wFwrw~r the con»xt w implia or admits. Aho, tMt wi~u~wr ther~ ts a r~fu~ h tiw co+r~nanb and apr~ Iw~in aonraimd t4 aa~? o(~
th~ parli~s ha~t0. th~ umc shall bt con~trvad b m~an a wtll u 1Iw Min. Ipal rprewnbtive~. a+w~ssors and attip~s (~itMr vokmt~ty br ad af fh~ r~ +b 4
putia a inrolunt+ry bl? op~r~tion of ths law) of tl~ rain~ ~nd Nut tM cotiauna Fw~in cont~iMd sh~ll bind ard t1r b~f'ns ~nd ~dvama~w Mwn ~
w tM rap~aiva I+.irs, bp+) npra.maiw~. wcu~ors and au~piu of Uk parrip Iw.ro.
Md ~aW Mwqapori, for tl~wlv~a and thNr heks, lep+l npra~?uYms, waestoa ~nd aaiprr, h~reby ioir~tlr snd s~wrally oo~vamnf and a~r~e ~
w and wUl~ tM said MORT(iACsEE, its svcaswn and ~ssipnr.
1. To qy ~I) and sinpvlar t!r prindp~l ~nd im«~tt ~nd tiw various ~r?d wedry wns d moewY WYabl~ by v4tw d said promis~ar aot~ ~nd thi~ ~ -
~nortp+py sach and ~vrry. P?omWN on th~ d+ri nswctiveN tlr sam~ sewraUp b~cor+N dw.
4. To p~y aq and ~inpular th~ tax~f, pwssmee~ta. IwiN. Iiabilities, oblipations and ~ncun~anc~s of wwr ~atw~ and ktnd now on rMd d~wib~A
p~op~rty, or thN Iw~aftK msy b~ irnpw~d wffa~d. P~+ad. I~vhd, ot awsNd tMr~a4 ot M?st Iwhsft~r may bt Iwi~d a~eiwd vpp~ 1hk MatP
ap~, a th~ bd~M~dms~ Mcw~d Mr~by. ~ad~ and wKy, when dw ~nd p~yabl~. ~ocadi~q a law, befor~ thry b~oane ddie~qu~r,~, ~nd b~1~w~ anp hwMl
attaehM or ~e!q pndry $ intwrd; AND INSOFAR AS ANT TMEtEOF IS Of RKORO THE SAIAE SNALL 6E ?iK?MATIV SATiSfIEp AND dISClIARGE~ OF
RKORO ANO TME ORIGINAI OffICIAI OOCUMEN? (Sl/CH AS, fOR INSTANCE, THE TAX REtE1PT OR TME SATISFACiION lMER OfFICIAtIr ENOOR3E0
QR CERTIfIED) SHALL dE PLACEO IN TME MANOS Of SAIO MORTGAGEE WlTHIN TEN DAYS NEXT AfTER ?AYMENT= a~d in tl» ~vwM that flw~d ir nol
W~d, wt:afi~d and ~eharp~d saSd MORTGAGEE may ~t seiy tin» pay ti» sMne a any part tha~of withovt waivinp a~ff~etinp +nY uWton. NM, pnih? or
•bM w~ w by virtw of Ihis mortypt wd tht fvll ~rrawN of eath ~nd wery wth p~ymtnt ~hall b~ irrrr~di~t~ly dw and p~yabN and ~lrN b~M kNMat
'rom th~ d~N th~r~of until p~id tl r~q of nirn pe+ tenru~n per arww?n and top~tM~ w~th wcA inte~en sF~al! b~ t~cw~d bp IM ti~e OF th'ss morptp~.