HomeMy WebLinkAbout0079 33~~sy ~
THIS INDENTURE. IWd~ th~ 24th ~.of May . , A.D. 19 76 . beMrNn
A r t hu r C. Day and flO r i s P.• Day ,~~ii ~ w~,~~ r__
of - St . Ll1C~@ ~ Counfy Flwida, Mni~?~ftN d~siynated q th~ "MORTGAGORi'1•w?d FIRST FEUERAL SAVINGS ANO IOAN
ASSOCtAT10N Of fORT PJERCE, • cwpaarron w~s~+iud and •x~~~~r,p und.r ~M isws o( ~M Unit.d Saas of M~.ric. ~nd Mvirq in princip~l plat~ of
buurwu in tlr City of Fort Pika, St. lvcie County. Flaida, h~r~inaher d~iiQM~ld ~s tM21~10~j~iEE~"O ,
~f OVV U
WHERfAS 1M MORTGAGOR is jusdy intkbrsd W ths MORTGAGEE i~ tM ium'pf ~ good and lawtui money oi the United ~
Stat+s advanced by tFn MORiGAGEE umo the NWRTGAGOR, ai evidenced by • certa~n praniuory ~+ote of ~ven date herewith, of wh~ch ths followirq in 1
words and f' urn is • trw copY, to-wit: S
s 24 , 80~ . 00 r,~, 110004 21
~ ~ Fwt Pierc~. Fio.~d.. May 24 19 76
Fw vatue recaived, 1, we w either of us, promise to without defalcatio~, to the o~der of fIRST FEOERAI SAVINGSS AND LOAN ASSOCIATION OF
FOR1 PIERCE at forf Parce, florid~, the tum of = 24 with interest from date at the rat~ of 8• 776 per +~num, i~ monthly irutal4~
rr~enti ~i foUowi: = 2O4 on ti~e ~ t h day of -~U 1 V , 19 76 and ~ lik~ sum or? tM correipond~ng day of each month therr ~
af~er until the whole be f~lly paid. s
Eath installme~t first shall be applied in payment of the interest and then on ths unpaid batsnce of the princip~l sum. If default is made In ths
payme~f o( any inst~llment when due, and such default co~tinues 30 days, then st the option of the hotder, and w+thout ~ny orhe~ ratice, all tf?e remaininp ?
~mtallmenb shall be du~ and payabk at once. Privikpe is given to prepay this not~ In whole or in part ~t ~ny time without penalty. Neither forebearante, ~
nor accep~ance by the holde? thereof alter ar?y defauh in anY paYmsnts hereon, shsll be deemed ~atension. A I~te payment charge of = 1O• 2Osha11 b~ ~
added to each installment remaining vnpaid 7 days after itt due date, and a like sum shall be added to each such i~stallment remainirq w~paid 7 day~ aher t
each succeedlrg payment data. 2
Each maker, su~ety and endorser hereof, jointly and seve~~~ly, waivet tkms~?d, presentmertt protest and rotice of protest fw nonpaym~nt, ~nd fvrther =
agrees to any exte~sio~ of time of payment, either before or a~tFr maturity, without notice to any of ui; and ta pay all costs of collection, irxlvdlr~p a 4
reasonable a~twrxy's fee in the event of sny default herevnder, and hereby seve~a~ly waives all benetit of homestead and exemption unde? the constitvtion t
and laws of each State of the United States, as ayainst this oblig~tion w any extension or renewal hereof. t
Witness the hsnd and seal of each party. '
S/. Arthur C. Day ~AU
,
. (SEnU '
_ Doris P. Day ~U
37 . 20 } Stat~ Revenue ;
x~snspc ~taeDtqdt ~c at ~xax l~K
NOWI, THEREFORE, the MORTGAGOR for the purpose of sccurirsp payment of said tum of = 24 ~ 8~ and the performa++ce of th~ ~
covenants and agreeme~n hereinafter e:preued, and fw divers yood and valwbl~ consideratio~s, by thes~ prese~ri, does y?~nt, ba/yein, selt, remiie, ;
release, convey and confirm unto the JNORTGAGEE, in succeswn and auigns, •II that ceAain lot, pieos ot putel of land, sitwte, lying, sod beinp in tl» ~
Covnry of St . Luc ie and $tat~ of Fbrida, d~wibed ~s follows: -
't
s
I_ot 20, Block 148, LAKEWOOD PARK, UNIT #11, as per plat thereof on file :
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in Plat Book 11, Page 32, 3?A, 32B, 32C, and 32D, of the Public Records of
St. Lucie County, Florida.
Ky agreement of hl~.~rtga~~or and h!ortgagee on file with thP ~'ortc~agee, the
within mort~ac~e 5ecures not only an existing indebtedness, but also ADVANCES
to be HERFAFTER made by i~.ortgagee to Mortgagor the aggrec~ate of ~+vhich will
~qual the principal amount specified in the promissory~ note s~ecured hereby.
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' YYE 1~t.r .
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f~ ~~F ~1.._~F~iD~ ~ -
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4 ;'tr? _ ~ta~?1(EU .J. lKTANGIBIE PEP;(iNdl PtK1PfRl~r
g a i~3E 'v(~ CtA~S
° 4l;f~SUANi TO CFIAP(ER 71-13A. dCTS OF 1971, t.fJ~
~
~ ~pq~R ClxKit, ST~r.1JCIE 00~ f~~L/
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together with ~It snd sinyular the tenements, hereditaments ~nd appurt~nces thereunto belonginy or in anywise appert~inirg thereb, and all r~nts, iuup,
prxaeds and profin xu~iny a.~d to accrua from said premises, •li of which are included in tFa abovt and fweQoinp dacription and habendum. • +
~ TO HAVE AND TO HOW the sbove described and 9rsnted premises umo the said NIORTGAGEE, its tuaesson and auigns forsve?. Md tM s+id *
MOR?GAGOR for ~~Z--- heirs, executon, sdministrators ~nd usigro, hereby tovensnri with the uid MORTGAGEE, its sutcessw~ and aaipns, '
thev are '
~ rhat lawfully xized of the said premis~s in fee simplr, iMt tM ~artN u~ ine, ckar and dischsr~eed from ~II Ilens and ~ncvm-
~ brances in law a in eqvity, ar~d that they witl ~nd their hein sMll wa.r~nt ~nd dtfend t!N titls ro tM sam~ to tFN sald
' MORTGAGEE, its successors snd auigns, fweve? ay~~nst the Iawfvl claims and demands of all persom;
y PROVIDED, AlWAYS that if tM MORTGAGOR shall pay tinto the MORTGAGEE the promiaory not~ hereinbetw~ dastribed ~nd shall truly, promptly
~s and fully perform, discMrye, executt. complete, comply wirh and ~bida by each and ~very the ~tipulations. apreemenb, conditiorn a~d oowr+anb of s~id '
~ promiisory note and of this Mwtgsge, tken this Nbrtysg~ and the Estate hersby ueated shall ceas~ and b~ null and void. `
~ IT IS UNDERSTOOD tha? ths word "Mortppw" whether i~ the sin~vlar w plwal ~nywhere in this Morty~pe, ~hall b~ ~inpula if on~ a?ly ~nd
shall be plunl joimly •nd ~eve.~Ity if mor~ th~n one, and tMt th~ word "their" ~s v~ed snywhere in this Morty~g~ sMl) bs taken to rm~n "his:' "Fx~i:' ~
* w••iti" wherever the come~et w implies ot admits. Alto. Ihat wherever fhere is a nftrenc~ in ?M coven~nri snd ~reemenb hetein oontaiMd to any of ~
the partiet hereto, the same ahall be construed to mean ~t well ~s the hein, Ip~l r~presentatives, wccessai a~d auipm (eiths? voluntary by ~tt of th~
~ parties or invol~nury by operatio~ of the bw) of the same and tMt the covensna henie? contained sh+ll bind +nd rhe bsnefin a~d .dv.maq.s &wr.
~ to the respective hein, le~al representativti, succeuws u+d ass°yns of tM psrtie~ t~ereto.
; And ssid Mort9aQon, for tFumselv~s and their hein, leyal np~euntatives, succeuors ~nd assiyns, hereby jointly ~nd sevaally covsn~nf and apr~ ~
~ ~o snd with the s~id MORTGAGEE, in suu~ssors ~nd assipra: v~.
~ 1. To psy all and sirgvbr tM ~nci 1 and imerest ~nd 1Fw wriovs and w
~ pi pa ndry wms of money payable by virtw of ~sid promissory nof~, and tl~is ~
's
mortyaye, ~~ch and every, prompHy on tFN days respectively ths same ieverdly become dw.
~ 2. 7o pay all and sirgutu the taxes. ~ssessmeny. I~vi~s, liabilities, oblgatiorq and encumbr~nces of ewry rwtun and kind now on said d~sa~d ~
proptrty, p tMt h~resh~r may be imposed, wffaed, placed, Iwied, a aaessed thereon, or tMt hereafter may b~ I~vi~d a wessed vpon this Mortp~
~ a9~, w tFw ind~btedneu ~ecured her~by, each and wery, whe~ dw ~nd pay~ble, accwdinp to bw, befae thsy becarw d~linqwnt, u~d befon any k~t~rat
~ anatF~es o~ any penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKOR~ THE SAME SHAII 8E PROMPTLY SATISFIE~ AWD DISCHARGED OF ~
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENI (SUCH AS, fOR INSTANCE, 1HE TAX RECEIPT OR THE SATISfAC?ION PAPER OFfICIAtLY ENOORSfD ~
OR CERTIfIEO) SHALL EE PLACED IN THE HANOS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the evtnt that any the~~of h not t
= paid, satsfied a~d discharged sa:d AAORTGAGEE may ~t any time pay the same or any part thereof withotit waivi.g a sf(edinp any option, lien, puity w ~
~ •~pht under or by vh~ue of this mortga9e and the full smount of each and evcry such psyment ihall be immed7ately due and payabk and sMll bear intNat ~
~ ~•om the date ths~eof ontil paid at rate of ~ina per centum pe~ •nnum and toyelher w~th such inter~st shall b~ ucu~ed by the lien of th:s mw9tpe.
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