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HomeMy WebLinkAbout0183 . . ~ n~nrs as l!ov.s: _ on the -.L~ day of 19__ and a like sum 6n the correspondi ~day of e h mo~th the ~Iter un the w !e be f~lly ~d. / % ach i~sr Iment firs+ hail be appl;ad ' pay~::ent of eha i eresl a~ then o the unpaid halsnc o~ the princ~pal s If de( uh it made n tM F aym t of an insfailmeni hzn d~e, and s ch dcfau~t conrinur 30 days, then at he optio~ of the der, and without a~r olher ra ce, all the r inir?g ( .nst ments s il be due d payabie at on . Pnv~~ege is g+ve to prepay this e~n whole w in t a1 any fime with9ut penalty. Neither for arMCe, Z no accepta e by the h_Ider thereof after any default in any yments hereon, hall be dremcd ex nsion. A late pa eM ch~ry of = shall be a drd Io a ch ins~allm nt remaininfl un 7 days aher ita ue date, and a e aum sha~l be ad to each such in allment r ming ur?pi 7 days atte~ ~ch succ ing pay nt data E h~naker, rety and endorse hercof, joint~y a ev~~ally, wa~v demand, present nt protest and ~ce of prot fw rsonpa nt, snd rther agrees any exte =on of time o( pa nt, citne~ before after matur~t without notice to any of us; and o psy all sts of col tion, inc i~y • rrjson le attotne 's fee in the eve of any dr~autt h eunder, and he eby seve~ally waiv all benefit of inestead end~Eaemption the titution a~~d l~ws of eachr rate of the Uni~ S~ates, as aga~:+st h~s obiigat~on Qt any extension or ienewal hereof. ~ WiMess !fie ha~ul and seal pf each party. ' ~ , . ~Au _ (SEAI) ~ cs~?u c_ . ~ a~f~ R~,YE ue • ~ - ;STamps~csntell o~ o+i ~naYnolL~ NO:Y, THERfFORE, the MORTGAGOR for The purposc of sccuri..g payment of said sum of = 2~ t..60~ • OC snd the pe?~o~mance of th~ ccvensnts and agreements here~nafter cxpressed, and fo~ d~vers good a~d valuable consicerations, by these presents, does gr~nt, ba?ysin, ull, remise, re~ease, convey and conf;rm unto the MORiGAGFf, its successars a~d assigns, aU that certain lot, piece or pucel of tand, iituate, lyinp, and being in the i Ccunry of g and State of Florida, dcuribed at followa: ~ ~ ~ Lot ~,~lock 49, Ii~~IAi~ RI~iER ESTAT~S,Unit ~ according to the pZat thereof ; on file in Piat Book i0 page 75, public records of St. Lucie County, Fiorida. - ~ s•a,~ s. .3~~J~- CrC~s- C~3iv- c~oo~s- ~ By agreement o° P~crtgagor an~~ i~!ortgagee on fiie :•rith :~ort~agee, the witY:in mortgage secures np~t only an existing indebtedness, b~~t also ADV~:CES to be I~ERr..Ar~TER made by ~Sortgagee to iFOrtgagor the aggre€ate ~ of •~ahich wi?I equa~ the Frincipal amo~~nt specified in the promissor~ - note secured hereby. t: ~Y ^ T~ n.= ~t_r ~ r + J~. I y~ ~~~g. ; ~ _ t:C'-:iMEN~AP." 51l~.N!v *r,, ~ f ~ , :F RevEr~uE ~ ~ ~I `~~g~5 ~ ~~11 s ~ : - , _ t~ Q l E `m + r~8. - JtiLit'7b ~ ~ U. ~F O ~ \IREQ ~~•~`j~~ ~M rf'' : et~ t ' ~ ~ _ ~ ~ SO ~p~E~ S~. ~ _ ~ . . . . . . . . . . . . . . . . Q,,~`` O~ € ~K ~ ~ ~ ~ ~ s . ~ ~ogether with ~II and singu!ar tF~e tenemants, hered~taments and appurtances thereunto belongi~g w in snywise sppertainlny tF~ereto, and ~II rents, iuues, ~ prxeeds and profiri etuuing and to accrue from said premises, all of which are included in the ~bove and fwegar?p dewiption and hsbendum. ~ TO HAVE AND TO HQlO the above described and granted premius ~nto the said MORTGAGEE, in sutcessws and assigns fwevK. Ar?d iM faW ; 1.~ORTGAGyO,R for ----~'y~}g~~----- he~rs, executors, administrators and aasigns, hereby tovenanri with the seid MORTGAGEE, iri'tutt~swrs and assipm, ~ rnat --14+~d- lawfutly se~zed of the said premises in fce simple; th~t the same are free, dear and disthar9ed from all IieM and ~ncum- ~ trances in tsw or in equity, and that th~~. will and ~h~lr' heirs shatl w~rrant and defend the title to tM same to the said ` MORTGAGEE, its successor~ and ass~gns, forever against the lawiul daims and demands of sll persons; - PROVIDED, ALWAYS that if the MORTGAGOR ahall pay u~to the MORTGAGEE the promissoryr nott hereinbefore dewibed and shall trvly, promptly ; and fully perform, diuharge, execute, compiete, comply wirh and abide by each and every the stipulations, sgreements, conditian and tovenanri of said } promisswy note and of this Mortgage, ~hen this Mortgage and the Estate hereby ueated shall cease and be n~ll and void. 3 IT IS UNDERSTOOD that the word "Mo~tgagor" whether in the s+ngular w plura) anywhtre in thif Mortgage, shall be sinpula if one only ~nd ~ shall be plural jo+ntly and sevcrally if mwe rhan one, and that the rvud "their" as uted anywhere i~ thh Mortgaye slull b~ taker+ ro mtao "his;' "Fwn" = s or "its;' wFxrever the context so implies or admirs. AIw, that wherever there is a reterence in the covenaMS and ayreertKnb herein contained to any s rhe parfies hereto, the same shall be constrved ro mean as we31 as the he~n, leg~l representatives, successon and auigns (either voluntary by sd of = ~ parties or invotuntary by operation of the la~rv) of the same and that the covenants herein contained shall bind .nd ~Me benef~n ~nd advantayn t e !o the respetlive heirs, legal representatives, successors and asrgns oI the panies hereto. - ; > And said Mortgagors, for themselves and their heirs, legal representatives, succeswrs and ~ssiyns, hereby jointly ~nd severally cov~nant and ayr~eW ~ ro and with the said MORTGAGEE, its successors and ess~gns: 4 1. To all and si ular the nnci al artd interest and the various snd sund sums of mone s~ble b virtue of said omi ~i P+Y ^9 P~ P ~Y Y P Y Y W ~Y ~f, and t~ mortgsge, each and every, promptly o~ the days respectively the same uverally betome due. 2. To psy all and singular the taxes, assessments, lev~es. liabilities, obligatia~s and encvmbrantet of every oatvre aod kind now or? said dewi~ f property, w that hereafter may be ~mposed, suffe+ed, plxed, levied, or assesstd thereon, w that herea(ter msy be levied p~ues~sd ~pon fhis Maf~ s age, or tF~e indebtedneu secured hereby, Nch and every, when due and payable, +ccording to law, before they becort~e deli~qve~t, ~~d befw~ ~ny interq ~ arraches o? a~y penalty is incurred; AND INSL?fAR A.5 ANY THEREOF IS OF RECORD THE SAME SMAII aE PROMPTLY SATISf1ED AND DISCHARGED RECORD AND THE ORIGI?vAl OFFICIAL DOCUMENT (SUCH AS. FOR INSTANCE, TME TAX RECEIVT OR~THE SATISFACTION PAPER OFFICIAtIY ENOORSED ~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; and in the event that a~y thereof b nw pa~d, sst sFied and lischarged sa:d IAORTGAGEE may at any fime pay the same w eny part thereof without w+iving or affeclirq any option, I'iM, puify or •~~ht under a by virtue of this morrgage and the fuli amounc o1 each and every such payment shall be immediately due and payabk and sMll beu intertst ~ jr~m the date ~hereof unt~l pa,d at raie of n;ne per cent~m per annum and iogether w~th svch inrerest ihall be secwed by the lien o~ th:s morptsge. ~ ~ ~ ~ ~ - -^.~7~ . ~ , . ~a