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THIS INDENiURE, N1~d~ tMe 27th d~y of ~'~?y . A.D. 191~„ b~twe~ ~
Ja?ceb A. Munyak ard Jac~ueline. L3 Munyak. ~his wife
of St _ Luc i ~~~y Flw~d~, hK~inaita desgnatcd as tM "MORTGAGOR," and FIRST 'FEDERAI SAVINGS ANO tOAN f
ASSOCIA7iON OF FORT PIERCE, a cwporatian oryani:ed and txiitinp under tFN lavin of tM United Sta~~s of /lmsrk~ ~~d Mvinp i» prlntlpal plau of 1
bwin~w in tM City of fwt PiKC~, St. luci~ County, florida, heroinahN d~iiyn~t~d ~s th~ "MORTGAGEE." ~
WHEREAS th~ MORTGAGOR a juitly indebted ro~he MORTGAGEE in the avm of ~ good ~nd I~wfui ma~ey oi the United ~
e•' ' M r1.~ unOr_ecea ~ ..~oTr_e~no _ .:a.. 4.. _ ~ ..t - - . Y :.~.e~ .H f..ii . ~
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wadi ~nd fipuns ii a trw copy, tawit:
= 5~ 000 . 00 r,~,100219 47
Fo?r vierc.. F~wida. NIl~y 27 ~q 76
For vatue received, 1, we w either of us, prom~x to pay, wi!hout defalcation, ~o the order ot FIRST FEDERAt SAVINGS ANU LOAN ASSOCIAiION OF •
fORT PIERCE at Forf Piacs, Florida, the sum of =~QQQtQQ with interest from dete at ths rale of~.~__% por annvm, in monthly irotal4
"f inenb ~s folbws: = 41 on the 2~th day of AUQUSt 19__76 and a like sum on the cwresponding day of each rrwnth ther~-
afte~ until the whole bs fully paid. -
Each inatallment first ahall be applied in payment of Ihe imerest and then on the unpaid balance oi the princ~p~l sum. If de(ault is made In tFw
payment of any ins~alimeM when due, and such de~sutt conti~ues 30 days, then at ~he optron of the holder, and without any other ratice, ell the remaining ~
installments shall be due and payable at o~ce. Privilege it given to prepsy this note in whole or in pert at any t~me without penalty. Neithe~ faebeararx~,
~
nor accsptanct by the holder thereof after any default in any payments hereon, shall be dcemed extension. A late paymeM char~ of s~c.~~ ihall be
added to each ins~altment remaining u~paid 7 days after its due date, and a like sum shall be added lo cach such instailment remaineng.unpaid 7 days aftK
each wcceeding payrtxnt date.
Exh maker, surety and endo~se~ hercof, jointly and severslly, waives demand, prexntment protest and notice of profest fot nonpayment, and further
egrees to ~ny catensan of time of payment, either before or after maturity, without not~ce to any of us; and to pay all cost: of collection, includ;rp a
reasonable attpney's fee in the ev~nt of any defauh l~ercundat, a~d hereby severally waives a!1 benefit of homestead and exemption under fhe tonstitWlon
a~ law: of .ach c~ate of +1,• U~;eed Srares, as aga~~st ~hi. e4!~ates+r+ or any exter.e~o++ e+ rrnrw. e! hrre^f.
Witness the hand and seal of esch parry.
s/ Jacob A. ManvAk ~q
~z,r ~ 7 ~ S ' ! " cs~?U
~ s/ Jaccueline L_ Munvar
k_~y
( $7 • ~ ) State Revenue . ' r
(S~awy~s~ M~alki N? ~rigi~l -nN~)
NOW, THEREFORE, the MORTGAGOR for the p~rpose of tetvrirg psyment of seid sum of s 5• , snd the performsrxe of th~
coven~~ts snd s~reements he~sinafter exp~essed, and fot diver~ 9ood and vslwble consider~tiom, by these presents, does qrant, ba~yain, ull, remise,
release, convey ~nd confirm u~to the MORTCaAGEE, its successors and assig~f, sll th~t certain lot, piece or parcel of Iend, situate, lyinp, and beirg in ths
County of St . Luc ie and State of Fbrida, desuibed ~s follows:
Lot 26, Block S, CORAL CO'VE BEACli, SECTION UNE, ~ccording to the plat 1
- there~f on file in Plat BAAIC 11, PAge 30A ~nd 30B, public recerds of ~
St. Lucie County, Fl~rid~. {
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By agreement of Mortgagor and Mortgagee en file with ~qr9~^iB Gy ~
Mortgagee, the within ~aortgage secures not only an ~1l~
~°FnA,~ ~
~ existin indebtedness but alco ADVANCES to be 1~RE_ ~~~t f
! AFTER made by Mortgagee to Mortgagor, the aggregate sQ~A~r.~,._ `
of which will equal the principal amc~unt specified s~'i ~'~~y~
~ s• .
j in the promissory note secured hereby.
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~
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~ This is a second mortgage being junior and inferi~r only to a prier first
~ mortgage frein mortgagors to mortgagee dated May 5, 1976 and recerded in -
~ O,R. Book 252, page~476, Public Records of St. Lucie County~ Rlerida, and
; it is agreed that the mortgage debts shall be merged int~ a single indebt-
~ edness and any default under the first mc~rtgage shall likewise constitute
a default under the terms of thia m~rtgage.
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~ rogether with all and singular the tenemenls, hereditsments and appurtanus thereunto belwiying w in anywise ~ppe?taininp tFroreto, snd all r~nts, {avss,
procccds snd profits xuving and to accrue from said premius, all of wii~d+ are included in the above ~nd forepany dewiption and Fwbendum.
~ TO HAYE ANO TO HOLD the sbove dexribed and gr~nted premises ~nto the ~aid MURTGACaEE, iri suuesson ~nd auiyru fortwr. Md tM wid
~ their
MORTGAGOR for - hein, executors, ~dministrarors and suigns, hereby covenanb with the s~id MORTGAGEE, its wccessora and assiprr,
~ rhat they dYQ`_ ~awfull seized of the said
;j Y premises in fee ~imple; tMt the sams are free, c1e~r and discMrged fran ~tl liera and tncw?r
~ brances in law w in i tt1eY
equ ty, and that~ will and thei r hein shall wsrrant ~nd dtfend tM titl~ to the surw to tlw wid t
MORTGAGEE, its succeuors and assigns, fwever agairot tF~e Iawful claims and demands of all penon~;
~ PROVIDED, ALWAYS tMt if the MORTGAGOR.shall pay unto the MORTGAGEE the promiuory note hereinbefore deuribed and ahall truiy, P.o~ry
* and fully perform, dixhsrpe, execute, complete, comply with snd ab~de by each ~nd every the stipulstions, apreements, conditioM ~nd tovsnanN of Nid
promissory rate and of thii Mortgaye, then thi• Mwtgage and the Eatste hereby created shall uas~ +~d be n~l) ~nd wid.
~ IT IS UNDERSTOOD that the word "Mwtg~ya" wheiher in the singular or pluraf anywhere i~ this Mo?tgage, ihall be siryulu if one only ~nd
~ shall be plur~l jointly and severally if more than one, snd that the wwd "~heir" as ~rsed ~~ywhere in this Mort~a~ shall be taken to mean "his," "i~tn," '
~ w"it~" wherever the context w implies a ~dmits. Alw, that wherever there is s reference in the covenant~ and ayreemenb herein contair?sd fo a~ryr of' ,r
~ rhe p~rties hereto, the same thall be construed to me~n ~s well u the hein, legel represenUtivd, successon and auiyro (eitMr voluMary by ~cf of th~ *
panies w involuntary by operstion of the t~w) of ehe same and thet the covenants herein contai~xd shall bind and the benefits and ~dv~ntaQp lnur~ ~v :
~ to the respective heirs, legal rcpresentstives, toccessors and ass~gns of the parties hereto.
~ Md said Mo.t9s~on, for themselves and thrir heirs, Ieyal rep?esentstives, suueuors and assiprn, henby joinNy and ~everally covenant ~nd prk
~o and with tFw said MORTGAGEE, its successors and sui9na: ,
~
~ 1. To p~y •II and sirgubr the printipal snd intaest snd the vario~~ and sundry svms of money payabk by virtw of iaid promiswry rate, ~nd fhis i
~ mortyays, tath and wery, promptly on tht days respectively tF+e same severally becoms dw. j
„ .
~ 2. To pay all and s~rgula~ the taaes, as~e?sments, levies, liabilitie~, obliyations and encumbrsnces of every rWtwe and kind naw on said dauib~d i
r~riwrf3r_ tv tha~ iu~~sH~r rnav 1v un~«I ~yi{r.A ~,I~~i Iw ~.i ~1...~..; I~.~aHr ..~`j IZ I~y:..~ ~SLES.E..'~ S:j..::. '..~i.~lr .V.Ai!"- ~
~ sye, a the trxleb~edneu secured I~ereby each and wery, when dve and payable, actordinp to law, btiae they becorre~ delinqvent, and btfwe u~y i~?trpt ~
uy g
~ attachss w ~ny penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORO THE SAME SHAII 8E PROMPTLY SATISf1E0 AND DISCHARGEO Of !
RECORD ANO iHE ORIGINAI OFFICIAL DOCUMENi (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
~ OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID AhORiGAGEE WITHiN TEN DAYS NEX1 AFTER PAYMENT; and in the event that ~ny tlxreof is nM ~
::3 paid, satsfied and diuharged sa:d MORTGAGEE may at any t~me pay the same w any psrt thereo( without waiving or affectiny any option, litn, equity Or ~
•~aht unde~ or by virtue of this mortqage and the full amoum oi each •nd lvery se~ch payment shell be immediately due end psyabk ~nd ihall bea interqt ~
~ korn the date thereof until p~fd at iate o! ~ine per cent~m per ~nnum and together wAh such interest shall be secured by the litn of th:f motytap~.
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