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Home My WebLink About0368 , . l.P ~ ; i ~ v`r:~l)n TMIS IN~ENTURE. N4d~ Iht_ 28 th daY ~of An r i 1 A.D. 19 76 _ b~twNn PBTER M. LtiAMING, INC•, ~ Florida Co~ration p{ St _ L i_ ~~ounty Flw~ds. IuninafNr de~ignarad •s tM "MORTGAGOR," •nd FIRST FEOERAI SAVIN'vS AND IOAN ASSOCIATION OF FORT PIERCE, ~ corporation agani:ed ~nd ex~seiny unJe~ th~ lawf of the Un~fed St~in of Amrrica and havi~p iq princip~l pl~c~ of bwi~ in tM City of FoA PeNC~, 51. luci~ Covnty, flwid~, hae~n~it~r desiqnatfd a~ 1M "MORTGAGEE:' WHEREAS thi MORTGAGOR is j~~tly indebted /o ths MORTGAGEE in the sum of S.? 4 L~~ good and lawfvl money of the United S?at~i adv~nced by tM M~JRTGAGEE unto the MORTGAGOR, as ev~denced by a cer~~m promiasory note of e~en da~e hcrewith, of whrch the followinp in wo~d~ ~nd fyur~s it a trva copy, to-wit: ~ 24,700.00 ~ 10021995 Fwt Pierce. Flaid~. Apr i 1 28 19~_ j1 fo? value received, I, we or either of us, prom:se to pay, wi~hout dafatca~:un, io the orde. of FIRSI fEDERAI SAVINGS AND tOAN ASSOCIATION OF 1 fORT PIfRCE at Fort P~erce, Fbrid~, the sum of S 24~7~•~~ - with ~n~ereu irom da!e at the rate of8•75.°ro pe~ annum, in monthly irutalt- ~„ents as followi: S 204.~0 ~ Z~t~l day of _ AU~3USt 19__76 •nd a Gke sum on the correspond~ng d~y of e~ch monlh th~re- ~ ~fler until the whole be fully pa~d. E~ch i~stallmenf fint shall be applied in paymenl of the interest snd ~hen on ~he unpa~d batance of the princ:pal aum. If def~ulf is mad~ in tM payrn~nt oF any in~tal!ment when due, and such defavit cominues 3~ days, than ~t the opt~on oi the hoider, and w~~hout ar,y other nolice, al) the rtmaininq ~nsullm~~ts shall be due and payable at once. Privilegs is give~ to prepay this note in whole w i~ part a1 eny time withouf penalty. Neither fatt»ar~nce, ~ nor atteptance by the holdet the~eof after any defautt in any paymtny he~eon, ~hall be detmed extension. A Ia1e paymenf charpe of S l~ b~ added to sach installment remaininy unpaic~ 7 days after its due date, and • like sum ahali be added ~o eacr tuch instailment remaining urtpaid 7 days after each succeading payment date. ~ Exh maker, svrety and e~do~aer hereof, jointly and severally, wa~ves demend, p~rsenement protest and notice of protest fw rwnpayment, and furthsr sgrees to ~ny extensan of tims of payme~t, either be(ore w after maWrity, without notice to any of us; and fo pay all costs of collection, Irxludirtp ~ rrasonabk attorney's fee in the event o1 a~y detault hereunde?, and he~eby severally waives a~l benefit of homestead and exemption u~der 1hs tonstifutio~ and laws of each State of the U~ited States, as against thi~ obliyatio~ or any eatension t,r renewai hereof. ~•~R M• LEAMING, I~ • Witness the hand and seal of each party. _ BY: s/Petex M. Leaminq. President~~~~ Corporate seal aff ixed ' ~1 . ATTEST: s/Brenda B. Leasing' Secretary~,u S3~.05 rreasure~ S State Revenue i~~CA~I~ A~F R~Y~~ 3~0~ ~ NOW, THEREFORE, ths MORTGAGOR for the purpose of securinQ paymenr of said sum of j 24 ~ 7~ , and 1M paform~nc~ of th~ ~ cover?~nb and ayreement~ hersinafter expressed, and for dirers yood end valuable considerot~on~, by these presentt, does yran4 ba~yain, sell, remise, i relesse, conwy ~nd confirm unto the MORTGAGEE, its tucceuors ~nd auign~, all that certain lot, peu or puul of land, situ~it, IyinQ, end btirg in th~ ~ ~~~~y ~ $t . Lue ie and State of fbrida, dewibed follows: ~ Lot ~5, Block 31, LAKEWOOD PARK, UNI? #4, according te the plat thereof ~ on f ile in Plat Book 11, Pac~e 2, public records of St . Luc ie County, ~ Flo:ida. ' . ~ . ~ ~ STATE QF FLO~ID~~ ~ ~ i - COCUNiEN7ARY --;~j.-.== STA M P i A. ~ G ~ i ' D_~T. UF PEVEritlE r,.-~~-~=~ ~ . ~ IN P~YMEM ~ ~ f H' l- i'~t 1'~ = ~ D!E ON CI~SS 'L' 1!(TAN61eLE rER901lA1- PRO°f R~, ~ ; _.Q~ - 3 7. 0 5 I vur~tr- ER ' ~ - 2` m q~w,~~ ~ia~. ~s o~ is, . j~ f d _ _ ~ ! _ Rp::E~ POIi!iA.: / CIERK CIRGHT WU8(, 5f. UlCIE CO., FU ~ ; ~ . , f ~ i ~ By agreenent of Mortgagor and Mortgagee on file with ~ Mortgagee, the qithin mortgage secures not onll? an ~ existing indebtedness, but also ADVANCES to be HERE- ~ AFTER made by Mortgagee to Mortgagor, the aggregate ~ of which will equal the principal amount specified ~ in the promissory note secured hereby. ~ ~ AP~P?":- _ ; ~f~r~~ • I3G(- ~o~-~ Grc:a- t:~c;~~ ~ ~ together with aU ~nd sirgulsr the terxments, he~editaments and appvrfanccs thereunto bebrg~ny a in anywise appertsininy fhersto, u~d aU renb, iuws, } ~ proceeds snd profin ~cuuirq ~nd io scuue from ssid premises, all of which ~re included in the ~bovt ~nd iore~oinp dssuiptan ~nd hsbendum. , ~ TO HAVE AND TO HOLD the above desaibed and pr~~ted prem~ses umo the said MORTGAGEE, ib successas and ~uipro forewr. Md t!w s~id ~ ~ the ir ~ VIORTGAGOR fw - heirs, e:ecutws, administratas +nd suigns, hereby core~snts with the said MORTGAGEE, iri sutte~sors ~nd astigrr, ~ that thev drQ ~~„~,fully seized of the said premises in fee simple; that the ume are fre~, clear +nd dischar9ed from ~1) liens and a~tver~ t ~ br~ntes in law or in equity, ~nd that they W~~~ a~ their_T ~~rs shslf warr~nt and defend t}~ title ro tM s~m~ to th~ s+id MORTGAGEE, itf svtceuora snd assgns, (o~ever a9aintt tM lawfvl claims ~nd demands of all pawns; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEF the promisswy note hereinbefore dewibed ~nd shall truly, promptly e ~ ar+d fully perfwm, d~scharge, execute, complete, comp~y with and ab~de by esch snd every the stipubt~ons, a9.~ements, conditiom ~nd tovs~anb of said i ~ promiuory note snd of this Mortgsge, then this lKortgage and the Estste hereby ueated thsll ceas~ and be null ~nd wid. ; ~ IT IS UNOERSTOOp that tMe word "Mortgagor" whethcr in the singubr a plural anywhere in this l4lortg~ye, sMll b~ sirgulu if on~ only ~nd ~ shall be plural joiMly and severally if more ~h~n ont, and that the wwd "their" ~s used ~nywhers in this Morty~ye shall be f~kM to mtan •'hia,•• •'Mrs,,, ~ o~ °its;' wixrever the cont~x~ w implies a admiti. Alw, fh~t wherever the+e is • referencs in tFN covenanu u?d g~~emenri hertin tontaimd fo u~y of r,; ` ~ tFc~ p~rties hereto, tM sam~ shall be const~ued to me~n ~s well ss tM heirs, leyal r~p~estntativp, suaessws and assigro (~ither voluntary by Kf of the ~ ~ paNies or involuMary by operation of the law) of tF+e same u~d that the covensnts here~n conu~ned shall b+nd and the b.nefin .+~d adv.nrs~s GxK~ ~ ro tl+~ respective hein, ky+l repr~sentativss, succeuors snd ~st'gns of the parties hereto. t ~ Md said Mortq+po~s. fp themselves and their hein, legal repreuntativet, iucces~ors and ~uigns, hereby jointly ~nd stvaally tovenanf ~nd ayne ? ~ ro and wi~h tFw iaid MORTGAGEE, i~i :~ccessors and aui9ru: : ~ 1. To pay d! ~nd drgular tht principat and intereit and tht w.ious ~nd sundry wms of nwney payabk by virtue of aid promissory not~, ~nd Hus ~ ~ ~ mortqa~e, e~ch and ~v~ry, promptly on th~ days ~espectively tht iame sev~rally become dve. # $:-tl 2. To piy •11 and sin~ular the taxes, asieumenn, levies, liabili~ies, oWiy+tions and encumbr+~ce~ of every natur~ snd kind raw on said d~sufb~d ; ~ propaty, w that Ixreaha may be impos~d. wffered. Placed, levied, a~ssessed thereon, a that iwreafter may k» levied w asseas~d vpon th4 ~ ; ~ s9~, a th~ ind~bt~drwu ~ecvred her~by escfi and ev~ryr, when dw and paysble. ~ccadinp to I~w. !»fon they become d~lir~quent, and b~fw~ u?y Mt~t at~aches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO iHE SAME SHAII BE PROMPTIY SATISf1ED AND DISCHARGED Of ' RECORD AND THE ORIGINAL OFFICIAt OOCUMENT (SUCH A5, FOR INSTANCE, iNE TAX RECEIPT OR iHE SATISfACTION PAPER OFFICIALLY ENOORSED ~ OR CERTIPfED) SHAII EE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in the event tMt any therwf is no1 ~v paid, s~t"sfied ~nd dixhuged u:d MORTGAGEE may •t any lime p~y the same or any pan tFKreof witlw~t w~ivinp ot affectirg a~ryr option. li~n. p~ity p ~ ~faht voder w by virfue of this mortflaye a~d the full amouM of each and evuy •uch payment ihal~ be immcdiately due and pay~bl~ aed shall b~a~ intNtst ~.om the dat~ thereo! until paid at tate of n~ne per centum per annum and toyethe? w~tF~ such intereit shali be secured by the lien of th:s morqfape.