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HomeMy WebLinkAbout0474 - - - - _ . . _ . . . , t 33~~~,~ ~ THIS INDENTURE, M~d~ tl~i~ 6th ~y of May , A.O. 19 76~ b~twNn Jehn C. Vance and Mazie 1.. Vance~, his w~fe of St.~LICi@ ~ ~ Cpynfy flwid~, harimtt~r d~siynated ~s tl+~ "MORTGAGOR;' ~nd fIRST ffOERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE, • aapor~tion orpu~ed u+d ~xisti~g w~d~r tl?~ I:ws of tM United Statp of M~aica and havinp it~ prfncipal piau of bwinea 1n tM Clty ot Fwt Pi~ru, St. lvci~ Co~Ny, fbrid~, ht~ainahM dssp~at~d u IM "MORTGAGEE." - - . . _ _ WFI[itEAi N» MORTGA(30R h ~utt1Y Tnd~bt~d M 1M MORTGAGEE ie tM ~ivm of ZSa~O•~y~ pood ~nd lawful ma,sy of the U~ited Sute~ advanc~d by th~ MORTGAGEE unto thi MORTGAGQR, evidencad by a unain promii~ory nore of even dat~ her~with, of which ti» followinp in wwds and fipurri ii trw copy, fo-wit: = 2 5~ 600 . 00 r,;o 13000291 , ' fort Pkrct. Florid~. Ma~ 6 -19..Zb_ fp value ncawd, 1, we o~ eithe~ of us, promiis ro pay, without defdcation, to ti» order of FIRSi FEDERAI SAVINGS AND IOAN ASSOCUITION OF FORT PIERCE it Forf Pieres, Fbrida, the sum of ~ass-~0•~ with interesf from date af the nt~ of g•~ryf, ps? annvm, in monthly imtall- ments ai follows: s Z1S.,OO on the ZOth day of Jun@ 19 76 snd i I~lui ium on the car~spondinp d~y of s+ch ma+th tha~- after until the whole be fulfy p~id. Each installment firat sha:i be applied in payment of ths intaest aod thcn on tM u~paid balanu of tM prinrp~l wm. If de(aulf Fa rtwde in tM Nay~nent of any instailmcm when dw, and such default castinues 30 days, then at the optan of the hotde~, snd without sny ofher notice, all ths rem~ininp instailments sh~ll be due and payable +t once. Privile~ 1s 9iven fo prepay this note in whole a In part at any time without penaity. Neither lwebearH~, nor acc~ptance by the hotder tM~eof sft~r ~ny defavlf in any paymenp herec~, sMll be deerned extension. A I~ts payrment ch+rqe of ~ 1O•7Ssha11 b~ added to esch Installment remaining ur~paid 7 d~ys ~ft~~ ib dw. dat~,•and a tek~, wm shsll be add~d to each such imtallmont remainirg w~p~id 7 d~ys ~ftN each succeedi^9 WYment date. ' . E~ch maker, wroty ~nd er~dwse? hereof, jointly ~nd severally, waives demand, press~tment protest and rsotioe of p?otest for nonpaymenf, ~nd furthtr agrees to any aztension of t~me of paymeat, either before w sfter mswrity, without notica to •ny of ~s; and to pay +It costs of collection, tnclud;na • reasonabk attwney'a fee in the event of s~?y de{iult .here~r~+dea, and hereby severally waives all benefit of homestead and exemption unde~ ths caatitvtio~ and ~lavvi of each State of tFi~ U~it~d States, as against this oblipation a any extttuion w renewal hereof. Witness the hand and ssal of each p~rty. ~ " . s/John C. Vance ~ APPFcA:if:;S . ~ o~{Y • ~ya~- ~t~~- G~~:SS-~}~~~t ~ . ~ s~Mazie L- lfance ~ r S38.40 ~ St~r. Revsew ~u {i++wM-un~il~M?~orisiw+?oM~i ' ' NOW, THEREFORE, rhe MORTG/1GOR fw tM purpose of secvrinp payment of said sum of ~ 25+~~•~ , and fhe perfwm~nw of tM covenants aod +yraemenb hereinaftr ~apreued, and fo~ dive?s ~ood ~nd wlwbl~ conside+atiom, by thtse presenb, dots yrant, barqain, sell, rsrt?ise, releau, convey ~nd confirm vnro tM MORTGAGEE, Zb wcceuws and ~t~i~as, •II that cHt~en Iw, piep or pirott of Iand, situate, lyiny, ~nd beinp in tM Covnty af St. Lucie ,~nd 5tat~ of Florida, dacribed a~ fdtows: 4~ Lot 14, Block 3, SILVBR LAKB PARK SUBDIVISION~ according to the plat thereof on file in Plat Book 10, Page 4, Public~Records of St. Lucie County, F'Iorida. By agreeaent of Mortgagor and Mortgagee on file with Mortgagee, the within sortgage secures not only an e~dsting indebtednesa, but also ADNANCBS to be HER6AR?BR aade by Moztgagee to Mortgagor, the aggregate of which will equal the pzincipal asount specified I` in the prouissory note secured hezeby. i e ; _ ~ ~ ! A M STATE aF FL~Ri~:~.1 IA ; o= D~CUNIENTARYq°`.L, ST~MP ilii~. ~ _ aEPT. (}f R~VENUE s j! ' S: ~ . ~ ~ ~ y~ IN PA1fMEM OF TAXfS ~ ~ " 'n = e e. _ ".~i : . ~ ~.i~ 3 ~ 0 ~ ~Oii dJ1.SS 'C 111TAN61d~ ~ ' ° ^ 2 ~ = ~ i °u~ To c~rER 1 s ~u ~ pO~ER _ . CLERK CIRCUIT OOURT. Si. I.tICtE C0, FiJ?. ~ . i ~ ~ ~ d togetMr with all and singular the tenements. hereditamenb and appuHances therwmo b~lonpirg or in ~nyw'ne ~ppert~ininp ther~to, and a!I r~nfs, i~sws, f ~ proc~eds and profits acuviny and ro acvw from said premises, sll of wh'Kh ar~ induded in th~ above and fwe~oirp dt~cription ~rd h~be~dwn. , c ~ TO HAVE AND TO HOlO tl+e ~bov~ described and y?anted premises unto tM said MORTGAGEE, its wocesson and assipns forewr. Md flw said ~ MORTGAGOR fw their ~us, execvton, ~dminatr~ton ar~d •ui9ra, her~by coven~nn with the uid MORTGAGEE, Ns a~oasw~s aed asslpns, ~ ~hst they are y~,,,{ully seized of tF~e.s+id premi~s in fe~ simple; that tM sarn~ u~ fr~, cl~u and d'achwped from dl fi~ns and K+cu~ b.ances in law o? i~ equiy, u~d thst they. w~~~ their Fwin shall wurant and def~nd ths titl~ to tM wrn~ to th~ saW ~ MORTGAGEE, in succeuon snd ~uipns, forewr ~aintt tM larvful claims and demands of ~ll penoeuf ' ~ PROVIDED, ALWAYS ths~ if tM MORTGAGOR shall pay voto th~ MORTGAGEE the promiswry note hareinb~fot~ describ~d and s~l1 nuly, promptly ~ and fully perfwm, disdurps, ~xecub, compbts, comply with and abid~ by each and ~very the itipulatiaa, pr~ri, tonditipu uid eov~nanfs of said promissory ~ot~ ~nd of this Mort~ape, then this Mortyape and tM Eatat~ h~reby ve~ted sh~ll uu~ ~nd b~ rwll and void. IT IS UNDERSTOOD that tFw wo~d "Mwtpapor' whefher i.n the sirqular w plwal anywhK~ in tF~is Mwtp~e, shall b~ skqular if ont only and ~ sM~l bs plw~l jointly and Nvaally if mor~ than on~, and that th~ ~word "their" as ~ned anywl~er~ in this Mo.tp~s ihall be taken to rrwan "his,•• •'t~s,•• ; w"ib;' whererer the context w implies or adm~n. Alw, that wFwewr there Is s nferenct in th~ cownants and agraemsnM herein ooetai~ed to a~y of the p~rties hereto, tM ~ame ~hall b~ construed to rrK~n ~s well as th~ hein. Ipal representatives, suoceuors end ~ssipm (eithe? vduMary by act of th~ ; parties w imoluntary by op~ration of tM law) of tbe sarne and that ~he coven~nn her•in cont•ined shall bind and rh. berKfi» ard .dv.rnap~s iow~ ~ ro tht respectiw hein, bgsl rtp~esentativ~t, wcuison and assiym of th~ partie~ hereto. ~ /lrid uid Mo.tyayor~, fw themsslv~s ~nd tMir heiw, Is9s1 r~aer+atives, wccesson uid assipro, her~by jo;ntly and swaally oov~rwnt and apr~ ~ ~ to and wirh fh~ aid NWRTGAGEE, its succ~ssws and ~ui~m: • ~ ~ ~ 1. To p~y all snd sinpulu tFwt principal a~d int~rest snd th~ ruian and wr?dry ~wnf of mon ~ ^+ort9spe, tach and ewry. PromPtly on tFw dap respectively tl+~ ~am~ awenlly becam due. sY P+Y~bfe by vinve of s~id promiswry not~. ~nd thh e ~ 2. To pay ~II and sinpvl~r th~ t~~~s, assessrnMn. Iwies, lisbilities, obliyatarn and encwnbr~nca of every natur~ ~nd kind rww on Nid d~saib~d Y ~+P~d, wffer~d, ~ P~~b, or that her~aNe~ ,n~ b~ ~ed. Irvied, or iaess~d fhereon, or thaf hereaAer may b~ kvi~d or asNUed upon thls Morq- ~ ay~, w tFw i~debt~drwa ~ecwed Mreby, ~ and wery, when dw aed p~yablt. ~ocordinp ro law. befw~ they becorn~ dslln~e% ~i+d befw~ k~arat r ettaches a any penalry i~ incwted; AND INSOFAR AS ANY TMEREOf IS Oi RKORD THE SAME SHAII SE PROMPiIY SATISFIEO AND OISCHARGED Of 1 RECORD AN~ iHE ORIGINAL OffIC1Al DOCUMEN7 (StKH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OfFICIAIIY ENOO~tSE~ ~ OR CERTIFIE~) SHALL 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tht twnt that a~y Mwt~of is nol ~ ~ paid, s~t'sfied and diuharyed sa:d MORTGAGEE may at any time pay the iame w~ny pan thereof witfiow w~ivin9 0~ affectinq arryr option, li~n, aqvity p ~ •~qht under w by virtue of this mortyaye and the full~mount o1 each and ~ve?y tuch payment s!»II be immediatsly due a~d payabl~ and ~hs1l b~ar iMar~st <rom the date tF~ereoi uetil paid at rare of nins per cenrum per •nnum and ropeth~ wnith sucnh iote~est sF~sll be secured by tM lien of th:s motytp~. ~ ~ . ~ %