HomeMy WebLinkAbout0068 Y
~ 33~2,i ~ - -
THIS IN~ENTURE, Mad~ ir~: t~ d.y ot June , ~.o. ~s
7b
_ b.M..a,
John A. Stevens anc~ _
Jean Stevens, his wife `
oF St. LUC1@ ~y~~y Flwid~, Mnin~ftK d~iipnated tlu "MORTGAGOR." ~nd FIRST FfDERAI SAVINGS ANp IOAN Z
ASSOCIATION OF FORT PIERCE, a corporation orou~ized and ~xbtirq ~ndM tM I~ws oi tM Un~t~d S~a~a of Am~~iu .~+a h.~~ r. a~~w~ o~+« ~ ~
buiin~ss in tM City of fuf PiMU, St. luci~ County, Flwida, IK~~inafl~a d~sipoat~d u tM "MORTGAGEE." ~
N'HEREAS tM MORTGAGOR is jvatly ind~W~d to tM 1NORIGAGEf in tM swn of = 2~ + O00 yood +nd I~wful ma~ey ot tM l.ti~~cd
Sulss advanced by the MORTGAGEE unto tM MORTGAGOR, ~s evidcnced by a certain promissory note of even dats herew~th, of which tM iolbwinp in
wad~ and tipures is a trw copy, to-wit:
~ 28 , 000 . 00 ~ 1 1('Xfn4 ~ ~ ~
fwt Pi~rc~. Fiwida. ~)~~np 18 _ _19.~11.
Fw value rsteived, I, we or either of vs, promise to pay, witFw~t defalcation, to the order of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF ;
fORT PIERCE at fat P' F~ds, ?he sum f 28 • : O0-_ - with int ~jr t from d~ta a1 the r~N of ~~1G p~? annum, in monthly irutall-
ments as follows: = 2~'" on the ~"_-day of UC~uSt 19 and a lik~ awn on ths c«respaxliny d~y of esch month thsrr
after ~ntil the whole be fully paid.
Each installment first shall be applied in psyment of ths intereit and ?hen on the unpaid balsnce of the principal wm. If def~uh b mad~ in ths
paymeM of a~y insq~lment when dus, and t~?ch default continuss 30 days, tF~en at tM option of tM holder, ~nd without ~ny otlxr notice, sll tM rem~ininp ~
~nstallments shall be d~e a~d payable at onca Privileye b given to prtp+y 1F~a not~ in wFwl~ w in part ~1 Mly fif~lt W11F10U1 PQMIIY. NQ11F~Of fWQbNfNKl~ ;
~ KCtPt~Mf by ths holdsr thereof afte~ any default in anY paYments hereoo. shall be deemed extensia+. A I~te p+y*nent charpe of Z Z 1• 3~N b~
added to each instalfinent remsining vnpsid 7 days sher iri dvt date, apd a like sum shsll be added ro each such in~tallmenl rem~ininp w~p+id 7 days ~hN
exh tucceedinp psyment date.
Each makH, surety and endorser 1~ereof, joinNy a~d sevtrally, waives dcmand, p~esentmem protest and notice of protest fw rwnp~yrna~f, ~nd futfMt
agrees to ~ny extensio~ of time of payment, either before w after maturity, withouf notics to sny of us; and to psy all costs of collection, includirg a
reasonable attorney's :~e :n ~hr event of a~y default heraw?d~?, and hereby uve+ally waivs all benefit oF homeatead and eaemptan under the constitution
and laws of• each State of the United States, as ag~inst this obti~airon w ~ny extention or renewal hereof.
Witness the hand ~nd ual of each party. . y' ~
p S/ John A. Stevens ~
RLCEINED ~ . ~ I~ ~~T ~ ~ ~ csEwU
OUE ON CLASS'C Ii1TAN61BlE rERSONf1L PROPERIY. S~- TBdil StgVOt1C (~?U
pUgSWNT TO CWW'1ER 71•134. ACTS OF 1l71~~'^ ~q ;
i
~ .
4 2. 00 ~ Sta» Rsvenw p06ER P01TMS
xoc~apacwt~raracaawx~m~aao~ q~~ OMCtlIT OOtMI~ $T. dlaE C0. F1A~ 28 000 00
NOW, THEREFORE, the MORTGAGOR for the p~~pose of setwlnp paymem of ~std swn of = ~ ' ~nd the perform~nce of th~
cown~nq ~nd apreementt hereinatter e:preued. and fw ~vers ~ood u~d valwbl~ oonsideraY~ons, by tMse preser?ts, does yr~nt, baryain. sell, remis~. ;
release, convey and confirm unto the MORTGAGEE, its succeuors and sui~n~, all th~t certain IW, piace or parul of luid, sitwts, lying, u~d beinp in th~
Counry of $t . LUCle u~d S~at~ of Flwida, ~scrib~d u fdlowt: ~ t
Apartment ro. 106, Building V of ISLAND HOUSB CONDOMINIUMS, PHASE II, `
according to the Declaration of Condominium and all exhibits thereto i
dated May'13, 1975 recorded July 10, 1975 in Official Records Book 21~1, ~
Pages 1626-1700, of the Public Records of St. Lucie County, Florida,
together with all of its appurtenances according to said Declaration of
Condominium and all exhibits thereto and together with all tenements
~nd hereditaments thereto belonging or in anywise appertaining to said
ap ar tmen t. ~?MEOC~c ~ o2'j~/$ - 7~ ~O D~ ^ ~~~/d
lME ~Rl1f r[
Subject to the terms, covenants, agreements, obligations-and provisions of
said Declaration of Con~ominium and all exhibits thereto which the Mortgagor ~
~ in all thinc~s does covenant to Mortgagee faithfully to observe and perform. ~
~y a~reement of M~rt~a~or and Diort~agee on file with the Mortgagee, the ;
~ ~
! within mortgage secures not only an existing indebtedness, but also i
~ ADVAr•CES to be HEREARTER made by M~rtgagee to Mortgaoor, the aggregate
of which will equal the prir.cipal amc~unt specified in the pro~issory
note secured hereh_y. - 1 ~
;~TATE ~F ~1-~RIDA ~
~ t?~:,UMfNTARY~:r:; STAMP .rnx ~ ~
°c1 DEPT. ~F RE EV
NUE " 0 i
H~
_ _ aUN 25'76 ' ti ~ 4 L. Q i _
. tnn ~ - ,~1~"' ~
toqetl+~r with all snd singul~r the te~ment~, hereditsmenn and ~ppwt~~ces thefwnto belag'ug a in aoywise appKtsi~inp thaNo, and dl r~nts. ~
proceeds and p~ofin acwiny and to acuue from s~id premises, all of wf+ich u~ irKhrded in th~ above and fwpan~ dauiption and habendwn. ;
s
TO HAVE AND TQ HOjD the ~bove dew~bed and ywnted premisss uMO th~ said MORTGAGEE, its svocessors and ~uiyns for~va. And th~ s~W 5
MORTGAGOR iw t ~l e 1 r_- executon, ~dministraton and as~igns, hereby oov~nants witb tFK :sid MORTGAGEE, its watuw~ and atsipM, ~
that thQ~ arP lawfufly se~:ed of fFw wid premises in fe~ simple: tMt tFw same ar~ fr~, clwr u~d discharped from all Ifero ~+d ~nc~ ~
brances in Iaw w in equity, and tl?st thev W~~~ thei r hein shall wsrr~nt and d~fend tM titk to t!» sam~ to Nw sald ~
MORTGAGEE, its succeuws snd augns, fwaver ay7t~lfi~ lawful cl~irns and demands of all pe?wra;
~ PROVtDED, AtWAYS thst if tFr MORTGAGOR ihall pay unto tM IUIORTGAGEE tM promisaay nots hereinbefore describ~d u~d shall tnily, promptly ~
end fully perform, diuMrp~, execut~, compkte, comply with •nd abide by each and every tM stipulatiora, a9raermnts, conditiorn snd aoven~r?n of said
prom~sawy note aad of this Mortgaye, then this Mortyaye +nd the Estate hereby vested ahall cease and be null and wid.
~ 1 ~
IT IS UNDERSTOOD tMt the word "Mwtyagor" whether in tM singular a plwal anywMre in this Morty~pe, shdl b~ sinp~lu if on~ only and ,
shall be p~ural iointly ~nd severally if more tFwn on~, snd tMt tM word "their" as used ~nywlwn i~ tha Mort9ape sMll be taken to mean "hp;• •'Mn,•• ~
w"its:' wherever the conteat w implies or admits. Also, that wherever there is a reference in tht covenanb ud ayreernenri hetein contained to amr of ~
the panies hereto, the ~ame shall be construed ro mean ~s well ~s tl+e hein, Ipa! representativn, waessors and ~ugro (~Nher vol~ntary by ~d of th~
~ parties or involuntsry by operation o! tf~e I~w) of the same snd that the ooven~nb hertin contained sh+ll bind and tM bsnefits and adr~nta~s inur~
to the respective heirs. I~yal ~epresent~tives, succeuors and ~si°ym of tM panies Mrsto. 1~~
~ Md taid Nbrtyapon, for tF~emsclves and their hein, lspal repreiematives, succeuas and assigns, hcreby joimly and wvtraliy coventnt ud pr~ -v ~
to and with tM s+id MORTGAGEE, its sL-rcessws a~d ~uiy~a: m ~
1. To pay all and s~n~utar tM p~incipal ~nd intaest snd the wriow s~d wrdry wms of money paY+bb by virtue of said promiswry note, a~d tN~ ~
mortpsge, esch and ~very, promptlY or? ttw days re~pettively the same avenlly bccome dw. ~
2. to p+y ~II a+d sinpvia the tsx~s. ~ssesunenb, levies, liabili~ies, oblipations snd axwr~anus of ~very n~tur~ ~od k'u~d now on said d~wN~d
P~~h. w th~t hereafte~ may b~ impoud, wffered. P~+c~d. Iwied, a ~uessed the~eon, a that hert+ft~r may be kvi~d or ~swswd upon th~s Mortg-
ape. w tlw Indebtedrass ucwd her~by, each ~r~6 w~ry, when due and payabl~, accwd'a+p to law, b~fa~ they becoen~ delinquent, and btfoa ary intauf
attathes or any penalty is i~cwred; AN~ INSOFAR AS ANY THEREOF IS Of RKORD THE SMAE SHAII EE PROMPTIY SATISfIEO AND ~ISCHARGE~ OF
RECORD AND TME ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEIPI OR THE SATISF/1CTION PAPER OffICIAlIY ENpORSED
~ OR CERTIf1ED) SHALL 9E PIACED IN THE HANDS OF SAIO NWRTGAGEE WITHIN TEN OAYS NEX~ AFTER PAYMENi; and i~ the ~ver?t that any ths+~of is na
~ p~id, sat:sfied and discharged ss:d MORTGAGfE may at iny time psy the same a any pan thereof without waivinp a affectiny any optan, lien, p~rity p
•iqht under w by virtue of this morrgage and the full smo~nt o~ each ~nd every such payment shall be immediately d~e a~ payabl~ and sl~all beu iotKqt
irom tht d~lt the~sof until psid at rate of n~ne per centvm per snnum and toyether w~th such inte~est shall be secured by the lien of th:s mor9tapt.
_ _ > ,
.k~~.~.'n.r._.:~..v:::~' ~,~E,. ~....,.,_,..y . _ 'v"r,Fx.~ ~