HomeMy WebLinkAbout0509 336533 G :
THIS INDENTURE, lN~d~ th~. 28th y of ~y A.O. 19_76 . b~nvN++
RobQrt 1.. Sa~th and Ma?t 1 P. Sa th ~ h s w fe
of SZ • LL1C ~ ~~y pa~, ~~iMfiM d~alpoafed ai tM "MORTGAGOR," and FIRST FEDfRAI SAVINGS AN~ IOAN
ASSOCIATION OF fORT PIERCE, • co~paa~ion ap~nwd and ~aii~inp u+.da IM lavin of tM United 5~~~~s of Am~rka ~nd havinp In pri~c3p+1 pt~u of
bv~i~xst h tM CHy of forf Pi~a, St. luci~ County, fbrida, hatinahu d~~iy~~t~d a tM "MORTGAGEE."
WHEREAS tM MORTGAGOR b jwtly Ind~bl~d b th~ MORTGAGEE in tFa tum of ~ 3O. a~+ ~ood snd Iawful mon~y o( tM Un~ted
Starti advanced by ths MORTGAGEE unto th~ MORTG/iIGOR, as ~vid~nced by ~ c~rt~m promiuory not~ of eve~ d~te he~~with, of wh~ch tM followinp in '
wad~ and fipur~s is a ~rw topY. to-wit: ~
= 30, 800. 00 r,~, 10021952 j
F«t Pierc~, f~«id~. ~?y 28 19 76 !
Fw v~Iw receiwd, 1, wt w eithe~ of u:, promise to p~y, without dsfalcation, to the orde~ of FIR51 iEUERAI SAVINGS ANO LOAN /1S50C1ATION OF i
~
FORT PIERCE at forf Pierc~, florida, tM s~m of :~.8~•~ _ with interes~ (rom d~te a~ the rate of 8•7-7o ps~ srnum, in mo~thly katal4 ~
R+e~~s as foltows: i 2~ a? the~~~ day of ~uZy ~v_?6 and a lik~ sum on tM co~respond~np day ot eace? mon~h ~e?Hr ;
after until the whole bs fully paid. ~
E~ch installment first ~ha11 b~ applied in payment of ths interest and Ihcn on the unpaid bal~nce of the p?inupal wm. If debult b rrwde In the
paymcnl of ~ny installmeM when dw, and uxh defauh continues 30 days, then ~t tM option of the holder, s~d without any other notice, all'the remairNn9
~nsutlmenti snall bs dw and payable once. Privileys is yivbn to prspay this note in whole w in part at any time without penslty. Neither faebeannte, s
nor +ct~ptaot~ by the holdsr thereof after sny def~uh in any payments hereoe+, ~hall be decmed extension. A lare paymeM char9s of : 12 • 7O, ahall b~ ~
+dded to ~uh installment rem~inirg unpaid 7 days afta its dus dat~, and a like sum shsll be added to eact. such instaUment raruininq uepaid 7 days aftt~ ~
each ~~cceedinp payment date.
E~ch make~, surey and endorun c~reof, jointly ~nd severally, w~~vn demand, p~esentment protest and notice of proteil fw nonpayment, a~d furlMr ~
sgreea ro~ny extension of time of paymenf, either be(we a after maturiry, without no~Ke to any of us; and to pay all casts oF collection, includinp s !
reason~ble attoroey i fee in fhe evcnl of any defbult hsreu~der, and hereby severally waives all benefit of ho~nes?ead and exemption undet tF+s cotutitutan ~
and Isws of each S?~M of th~ United State~, as aga~nit this obligation a any extension or renewal hereof.
Witnesa the F?and ar?d seal of each Rarry.
" S/ RobgYt L. Saith ~y
'~+1M ? 'a L! ~ ~ . ' " ~ cs~?u
• S Mat lda P. Sa~ th ~
~ S`46.20 ~ St~ts Revenve • + ~ (SE~W
~
fc~+r.P...~«u.r~w.w~rw.L.o~s} ' ' - 30 800.00 ~
NOW, THEREFORE, ths MORTGAGOR fw the purpose of secwbg p~ym~m af sai~sum of i ~ and the parform~.~u of tM
cov~nants and apreemenls ht~ein~fter expreued. ~nd ior diven yood ~nd valwbl~ considerations, by tlws~ presents, doss prant, baryain, wll, r~mise,
releass, conrey ~nd confirm .unto the MORTGAGEE, ib svcceuors and assi9m, all that certain bt, piece ot puul of land, situai~, lyirg, eed b~irg in tlw i
~~~ry ~ St. Lucie .~d sr.r. of fbrida, dew~b~d as followa: -
i
Lot 13, Block 176, LAKEWOOD PARK SUBDIVISION iJNI? 12A, as pez plat thereof i
recorded in Plat Book 11, pages:35 and 36, of the public recoYds of St.. ~
Lucie County, Florida.
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• ~O~Uh1ENil',RY;: ° . ; ST;.M ~ ~ j R'i~qy
~ Z ULPT Oi' kEYE4U~ ~ i ~~~U'~
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By agreetent o! Mortgagor and Mortgagee on file ~s~l'~is~'s~,, ~'r
with Mortgagee, the within aortgage secures not ~1'~a '~i,~ ;
i only an existing indebtedness, but also ADVANCBS ~~c,~ yf~ €
` to be HBRBAFTBR ~ade by Mortgagee to Mortgagor j
the aggregate of which will equal the princfpal ~ ~
f anount specified in the pronissory note secured ~
( hereby. ~
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~ : %3~i ~ /s o/~3 oa~ / ~
~ rogeth~r with all and sirqular th~ tenert~en», hereditsments sr?d ~ppurt~nces thtreunto belw~irg a in ~nywise ~ppert~ininp thetefo, ~nd all ren», is~wa, ;
~ proceeds ~nd protin ~cvuin~ and to xvus irom s~id p~emius, all of wF+id? ~re included in the sbov~ and fwpoiny description and Mbandwn. #
TO HAVE ANO TO HOtO the abov~ deiaibed ~r+d yranted premises unto tlee ~aid MORTGA('sEE, its tucce~wrs u+d auiyro fw~wr. Md t!w s~id €
~ MORIGAGOR for - their heirs, executas, sdministrston a~d assigna, fiereby covsnanh with tfie said MORTGAGEE, ib sutcessors ~nd utipn~,
~ ~~t they are I~wfuily ~eized of the said premises in fes simpls; that tF» sar~ u~ frN, ckar ard dixharyed from all liem and ~ncunr ~
= brances in law or in. equity, and that th@y will and their he'us shall wsrrant ~nd defend the title to tM s~en~ to tM ~afd t
MORTGAGEE, ib ivccessws and assipra, forever ayainst tFw lawful ctaims and dem~nds of dl persau;
PROVIDED, ALWAYS that if tM MORTGAGOR thall pay u~to the MORTGAGEE the promissory ~ote hereinbefo~~ datribed and thal) t?vly, ptomplly ~
' and fully perfonry d~scharpe, execute, compktt, comply with and ab~de by each snd evKy the stipvlstio~?s, syreements, conditioro and wvenanb oi said
promissory not~ and of this Mwtgaye, then this Nlwtgaye and the Eat~te hersby ueated sh~ll t~ss~ and b~ nu0 ~nd wid. #
~ IT IS UNDERSTOO~ that tM word "Mort wirofher in tt+~ ti 't'
9apw" n~ular o~ plural anywhere in this Mwt9ay~, ahal) b~ sinpulu if w~e only and
~ ~h~ll b~ ptur~l jointly ~nd swerally if mort than o~e, and that the word "their" as used ~nywhere in this Mort~sye shall b~ takee to mean "his,•• •'hKS,•• ~'Q
s w"in," wherever the contexi so implies or adrnits. Also, tFut wherever rhere is a ref~renc~ tn ~he cove~a?,n .nd aqreemenn h..e~n oonr•trwd ro any d
k fh~ parties he?eto, the ssm~ shall be corutrued to me~n as well as tF~e hein, kyd repreaentatives, succeasa~ a~d sssipra (~ithN vol~ntary by ~ct of th~
r pani~s or involuntary by operation of the la+v) of the same ~nd tMt the coven~ots herein cont~irxd shall bind •~d the benefin snd .dvanrap.s 6w,n
s to the rtspective hews, leyal repr~sentatives, sucusson and sss~yns oi the p~nies her~to. {
~ Md said AAortga9ors, for themstlva ~nd their he'as, kyd ~ep~ssematives, succcsaors and auipru, her~by joi~Ny and severally covenant and apr~e y'~, ~
T ?o and with tFw said MORTGAGEE, its iucussors and auig~s: ~
~ 1. To pay •II and unpvla~ tM p~incipa! and interest ~nd the wrious md su~dry wms of • able by virtve of iaid omi
~ ~Y P Y P~ ~Y and fhN ~
~ mortyaye. ~ach and every, promptly on tht days respectively iM ume s~vtratly becortw due.
~ 2 To p~y ~11 and ~inpular the uxes, ai~essnann, levi~s, liabiliti~s, obliyaf'am and encumbr~nces of w~ry natur~ ~nd kind now on ssid dMCr~d -
~ prop~rty. w th~t hereafta may b~ impokd, iuffned, placed. I~vi~d. or ~swssed thereon, or tMt i~ere~ftN may b~ {ev~ed or sues~d upon N~ia Morp.
sy~, a tM indebt~d~ess ~ecured her~by, e+ch ard ev~ryr, when due a~d payabl~, aaordinp ro Iaw, befue they becan~ delinq~ent, and btfor~ ~ny Imuq~
~ etuches or any penalry i~ inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SIWIE SHAII BE PROMPTLY SATISf1ED AND ~ISCHARGE~ Of
~ RECORD AND THE ORIGINAI OFfIC1Al DOCUMEN~ (SUCM A5, fOR INST/1NCE, THE TAX REGEIPi OR THE SA~ISfACTION PAPER OFFICIAIIY ENOORSE~
3 OR CERi1f1ED) SHALI SE PLACED IN TNE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER VAYMENTj and in tM ~vtnt thaf any tM~~of is nol
? paid, sat"sfied and dixharged sa'd MORTGAGEE may ~t any ~ime pay the same w any part Ihereo! without wsiviny o? •ffeciiny any option. 1'itn, puify or ~
: ~~aht u~er or by virtue of this mortg~ge and the full ~mo~~t of each ~nd ~very such paymem shall be immcdi~tely dw and payabk and ahall btar int~rqt
~ ~.om the date tl~ereol uMil paid at rate of n~ne pe~ centum per annum ~nd toyether w~th such inte~est shall b~ secured by th~ lien of tb:~ morptp~.
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