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3384UU
THIS IkDENiURE, Mad~ ths 28th day oi ~"~ay ~D. 1976 b~twNn
~T 1 y~ ~ , ~
, Horacio S. CoiAbra an Maria Yolanda Coimbra~ bis wife
St . Luc e ~
af Cov Flaid~, hK~inaif~r nared ~s ~M "MORTGAGOR," ary~w(~ FE A G' IvD IOAN
I~SSOCIATlON OF FORT PIERCe, ~ oorporation apaniud and ex~sti~+q u~
h~ lavr~ of th~ United St~ta of A~ic~~nd ~ri~~fAt~il pl~u of ;
businsss (n th~ Ciry of fort Pipc~. St. luti~ Counry. Flwida..MninahK dtsipna~d a tM "AAORTGAGEE.•• c
WHEREAS tFw INORiW1GpR is ~vstly indebt~d to tM IYSORTGAGEE i~ ths ~um of ~ 7O ~ . OO ~~{ul mon~y o th~ Unlted ~
Statti ~dva~c~d by the MORiGAGEE un~o the MORiGAGUR, ~s ~videnced by • cer~~in promiuory note of even date Mriwith, of whith tAe followinq in
w o r d i ~ ~ d f i y u r~ s i s • t r w c
o p y. ~
o- w i t: ' ~
= 70,000.00 • ~,~,_10021953
fort Pi~rc~, ilorida. ~y 28 19 76 ~
t
Fw valve r~ceivtd. I, w~ o~ either of us, pr«reise to pay, without defdcatan, to the ada of FIRST fEUERAI SAVINGS ANO IOAN /0.SSOCIATION OF
FORT PIERCE at Fat Piercs, fiwida, the sum of = 70~~~• 00 with interett f~pr~.~te tl the tate of 8• 75yo per ~nnum, in monthly imtall-
ments as fotlows: = 576 . 00 20t h~Y a f J131y . 19 7b a Gk~ sum on ths cwrespayditg day of e~ch aanth tF~r t
aftN u~til ths whole De fully paid. ~ . . . s
Each ins~allment iint ihall be appGed in payme~t of tl» interest ~nd then on ths unpaid bslance of the princ~pal sum. If defsult is mads En tM
paymeM of any insta~lmen? when dus. and such defavlt coMinues 30 day~, then ~t ths option of tFN ho~der, snd wilhout aoy other ratice, all the rsmainin~ ~
~r~stallments shall be due and payabie at onca. P~ivileye is given to prepay thit note in whol~ o? in part at any time witFwut penalry. Neithe~ forebe~rancs,
nor unc~ b ti~e holda thtreof ~fter a~ defau4 in an 2S SO t
~aep y y y paym~nts hereon, ~hall be deemed extensiw~. A late p~ymem charp~ of s! ~hall b~ {
added to each ins~allment rem~ininp unpaid 7 days aftK iri du~ date, and • like sum shall be added to each such installmem remaining vs~paid 7 d~ys aher
each wtc~eding psym~nt da1e.
E~ch m~ker, wrety and endorur hereof, joi~tty and severaily, waives drmand, presentmem protest ~nd notics of protest fw nonpaymeM, and further .
sgrees tp ~~y extension of tirtx of payment, either before or after maturity; without oot~ce to ~ny of vs; snd to pay ail msts of collectan, inci~dirq ~
reasonable attwney's fes in the event of sny default here~nder, and he~eby s~vastly waives all benefit of homestead exemption undcr the cautitution .
and laws of each Sure of the United States, as +yainst this obligetion a~ ~ny extensiw.+ w renewal ha~eof. ~
Wit~ess th~ F~snd and seal of each party. ~
:
(SENU
-~x 5/ Hor io S. Co'nbra ~y ~
.~Y : a5o~- ~a~~o~~g-~~/~ S ~
/ s a Yolanda Co~abra ~ ~
( 5ios • 00 ~ St~tt Revenw ~
- f6*Mwp <w~allad-vn-o~t~w4~ noref
NOW. THEREFORE, tM MORTGAGOR fo~ the purpose of securi~g payment of seid swn ,of s 7O, ~0• O0 , and the performance of th~
cov~nls u~d s~t~nb hsreinafter expreued. and fo~ divers yood u+d v~lwbl~ conside~aYwru, by thes~ presents, does g?~nt, buysin, sell, remis~, ~
rekaie, conwy and confirm unro the MORTGAGEE, iq suaeuws and auiyns, +11 tl~a~ certain lot, pieu or parcel of land, sitwtt, lyinp, and b~inp ir~ tM
~~ry ~ SL . I.11Cle ~nd State of Fbride, dtwib~d ~s follows: f
~
Condooininiu~ Parcel No. 333 of CAFSTAN I, according to the Declaration #
of Condominium thereof, recoYded in Official R¢cord Book 232, at page's ~
619-711 of the public records of St. i.ucie County, Rlozida. 4
- #
SUBJBCT to terms and conditions of said Declaration of Condouiniua, the ~
Azticles of Incorporation, By-Lar~rs, and Declaration of Covenants and
Restrictions of Ocean Village Property Oaraers' Association, Inc., with
which terms and conditions the oortgagor covena~ts to comply and pezfora.
By agreenent of Mortgagor and Moztgagee on file with Mortgagee, the ~
within mortgage secures not only an existing indebtedness, but al-so ~
ADVANCES to be HEREAFTER oade by Mortgagee to Mortgagor, the aggre- i
gate of which will equal the principal amount specified in the.pro-
missory note secured hereby. ~
:
~ ~
r~ STATE FI..O R I D!-~ ~ ~ d' ~ IN PA~E~ ~
! o~ ~ o o C U M E N T A R Y,~`~, S T a M P T l
a> ~ a~
ry E
p .C tNj~~ g~ e~RSOS
~ 1'~ ~ ~
c OEPT. OF REYENUE `~'4 ~ ~ Q
~
I CI1~ ~ i~ A~ ~
~ ~O P9. =,~IiM2d'li~. ~ 0 5. ~ V ~ PU~ 70 p6ER~~~~~~ $
~ _ w~, • ~ ~ ~ n.
` o ~ n,ot
~ .
~
~ ropetF~ with all and sirgular tM tenemenn, hereditaments snd app~rtarxss thereunro belonginp a in ~nywise appert~ini~ ther~to. ~nd ~U ~ent~, fuws, 4
~ proc~eds and profits acvuirg and to acvve from s+id premises, all of whicfi ue includ~d in tAe abov~ and for~yoinp dewFptan u~d habtndwn. ~
~ TO HAVE AND TO HOLD the sbove dewibed and yranted ~premises unto tM ~aid MORTGAGEE, its successon H+d asaipns fweve~. Md th~ s~M ;
E their
~ MORTGAGOR fw - hein, txecuton, ~dministr~ias and sssignf, hersby covensnb with the said MORTGAGEE, in successo~s a~d qsipry, ~
, they are ~
E that lawfully seized of the uid pr~mises in f~e simptes tMt the wmt are fne, clea? ~nd discl~arped from ~11 liem and entu~
~ brarxes in law a in equiy, ,~d rrar they W~~~ tfl@ lI WHrant and defend tFK titl~ ro tht ~arrN to tM sald
MORTGAGEE, iri successors ~nd auigns, fwever a9ainst tFw lawful claims and dema~ds of ~II persoro;
•
' PROVIDE~, ALwAYS that if the MORTGAGOR shall pay vnto ths /AORTGAGEE the promiswry note Iw~sinbefore dewibed u~d shdl truly, pranptly '
k and fully perfwm, discharpt, ~xecute, compkte, comply with snd abide by each and ~very tFN stipulations, aQreements, tonditioro and oorManb of ~aid ~
promissory not~ ~nd of this Matyaye. ~hen this Mortq~ge and the &t~te hereby ueated ahall ce~s~ and b~ null ~nd void.
IT IS UN~ERSTOOD iMt the wwd "Mwty~gw" whether in tM singular w plural ~nywher~ in this Mortgaye, sl?all b~ sirgvla if on~ only ~nd
sMll be plwal jointly and swer~lly if mor~ tMn one, and tMt th~ word "their" ~s used anywhers in this Mwtpap~ ~ka~l be tak~n to rn~~n •'hit,•• •'Mn,"
or "its," wherevet the conMxt w implies q admits. Alto, that wherever the~t is s r~f~rtnct in the coven~nb and preemeny ht?ei~ tontained to ~ny O/,~;
fhe panies hereto, tht ~amt shall be c«utrued ro me~n s~ welt ~s the hein, Ipal r~e~er?tstives, successors and assipm (ehher volunqry by acf of thr„ ~ ,
psrti~s a imrdunt~ry by ope~ation of the law) of the same a~d tMt the covenants hercin coroained shall bind snd tM benefib ~nd adv~ntspq iewn
to ths r~sp~ctive hein, 1e9a1 represematives, succeuors and ~sryns of the parties hereta.
~ Md said Mortqyon, for them~elves and their he'as, leyal r~pressntativa, successon ~nd assiyns. I~ereby jointly ~nd swaaly oovsnant ~nd agrw ~
; to ~nd with th~ said MORTGAGEE, in sucuisors ar~d ~ssiy~s:
i
~ 1. To pay all and sin~vlar tM pr~ncipd and i~terest snd the variovs ~~d wndry sums of mawY paYable by virwe of said promiswry not~, and tl+i~ ~ :
; mwtp+y~, each ud ~wry, prompHy on iht days retpectively ih~ same sewr~llp becarw due.
g 4. To pay dl and sinp~lar the taxes, assessmenn, kv~es, liabilities, obli~stiaa and ~ncumbrances of ewry n~tw~ ~nd kind now o~ said d~scrib~d ~
~ prop~?ty, a tMt her~~fter may b~ impo~ed, wfferd, placsd, leviad, w~utssed ther~on, w that hertafter may b~ levi~d a asaswd vpon ti~ Malp~
+y~, or tFM indebt~dnea ~ecwed he.eby, tach and ~very, when dw ~nd p~yabl~, aaordinp ro law, befae tMy beca~w d~linqwm, and b~fort ~ny btaut
C sttethes o~ any penalry is i~currcd; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHALL dE PROMPTIY SATISfIED AND ~ISCHARGE~ OF
Rf~ORD AND TME ORIGINAL OFfIC1Al DOCUMENT 1SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFFICIALIY ENDORSED
i OR CERTIFIEO) SHAII dE PUCED IN THE HANDS OF SAID NIORTGAGEE WITHIN TEN OAYS NEXT AFTER VAYMENT; a~d i~ the ~vsnt thst any thK~pf is ~01
paid, tal:sfied +nd dixh~rged sa:d MORiGAGEE may at any time pay the fame a ~ny part fhereof without waiviny or affectinp any option, IiM, p~ity w E
•~qht under or by virtue of ~his mort9age snd ~F~e f~ll ~movnt of each and every svch payment slull be immediately dw and payable ~nd ihal) bsar inP~r~st '
~ ~rom th~ date therwf vntil paid ~t nte of nine per ceMum per ~nnum and toyefher w~th wth i~tere~t ~hall be iecured by th~ litn of th:s motpfa9t. ~
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