HomeMy WebLinkAbout0397 FORT PI. N Fpt Pi~rt~. Flpid~, wm of r _ with iet~r~at f d~q N t!r rat~ % pM- In menMly al!-
msnts a fol • i on t day of 19 a lilu win on th~ r~ipad'mp d~p of nanM
•ftM unHi whol~ b~ f~lly p~id.
Each ' 1knN?t fint ~h+ll b~ appl payme~t of th~ intaest theo on tht unpald lance of tM p 1 wm. If d~fwif m~ h
p~yment of Myr taltm~et wh~n dw. and d~fauk owninws 30 d~~, u~ ~t th~ optioe~ oi hokM?. and w aM? o1M~ wotias, th~ rM~~
inaalMw?ts sh~il du~ and payab~ at onar. .ivil~ys ia yiven to W~P+Y ~aN in whoM a in at aMr tinN wi p~n~ify. N~i1hu ana•
nor ~oc+pfana bY fwklN Nwwf ~fNr any auh in ~nr WYnNnN I+K sMH b~ d~d ~x ion: A I~N sha~ of ~1~11 b~
sdded ro ~eh insta t rnnai8rg u~~id 7 aft~r iq du~ d~1~. ~nd ~ 1 wen shaN b~ aeld~d ~aeh s~+eh iatal ran~M+inp wiprid d~ys af~
each suoos~dinp pa t d~te. _
E~ch ma1cK. aw and sedwsst herwf, loint and s~vNaliy. wanN , presM?tm~et prot~st nd notia of pr iw na~p~yrrwnt, hKtlw
agr~as to a~y ~xt~rt~ion time of p~yment, etthe~ bef or ~fta mawrity, witiwur tice fa any of uij ro pay +tl of aolkctia4 rg a
reasaWbl~ anomey i fa~ ' the w~nt of any d~f~u11 . ~nd hueby swaall w~iws ~11 b~nefit of t~ad and ~x tion undK th~
and l~ws of ~ach Sate of M Urw~~d Sates, ~a ~paiost oblg+tion a Nryr ~xt~nsion ren~wal Mreof.
Wimesa th~ h~+d sMl of ~h pa.ty. -
22 500.00 ~
NOW. THEREFORE, th~ MORTGAGOR fa tM purpow of s~curirg paym~nt of said wm of i ~ and th~ pwtorm~na of th~
covsnu~b and apne.~M hK~in~ftK expsssed, and fa d'wen ~ood and valwblt caajderatioe~, by th~t~ prpu+ts, dwa Qra~t. bupaiq, s~ll. n~h~.
relees~, convey and~o firm wNo tM MORTGAGEE, it~ wcc~swrs and ~ssipns, ~U th~t c~rt~In lo~, piaa~ a parcei of I~nd, sHwt~, lyinp, and ~i~g tn tl»
~ SL . Luc i e «,a St,a of Fa.id+, d«a~.a t~ouowu -
RFPRAI9ER= A ~
~ o~Y . a~0 9- ~~r- oo.~~' _o~ 9
All of Lot 20 and the South 1 s Feet of Lot 21 , Block 3,- of -
FRAI~=KLIN PARK, as per plat thereof on file iri Plat Book 6, _
page 32, of the Public Records of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on
file with Mortgagee, the within mortgage
secures not only ari eaisting indebtedneas,
, but also ADVA~\~C$$ to be HERSAFTSR ~ade by ~
Mortgagee to Mortgagor the aggregate of
which wi12 equal the principal a.mount ~ , :
specified in the promissery note secured t
' hereby. f -
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I ~ ST~T~~ti~' FL~F2+~A ~ ~ -
; ~ DOCUMfIVTARY~-:.<.~
St11MP TAX ~ ~~~S ~ p~~~ p~ TN~t
; Z~ UEFT. OF REYEhUE
s~~' ~ DIE aN (~ASS ~C' NfiMIGl~LE rERSW?A1 f~+0'ERtY
K~ -E~r~ ~ 1 p~atMwr ~o ci+~?T~ n-~u. ,~c~s a
~ ~ _ _ ~'33.T5 ~ . _
_ ~ t : nt z - ~OYEIt POITMt „~tC A
° ' CLEIR OIrl11f 001l~'~, iT. MlCIE 00., FU.
_
~ reyeth~r with sll and sirgul~? the tsewrr~nn, haeditam~nn and appurtances tMrwnw b~lonpirg a tn ~ny~wiw app~rtainirg therNo, snd +11 nM~, hsuN.
proc~da and profib aocrvinp and to ~ccrw from sdd p~emisa, ail of whid~ are ind~id~ad in Mw abov~ and for~poinp d~aiption a~d lwb~ndwn.
TO HAVE AND ?Q bOID tM above desaib~d ~nd ynnted pramises vmo th~ said MORTG~A(sEE, Hs wooa~ors ard asip~ forewr. Md th~ s~ld
l13.3
MORTGAGOR fa lwin. ~x~cutors, ~dmi~istr~tors ~r+d assipm, hereby oov~na+b witb th~ s~id MORTGAGEE, Ns woaaoes snd aMi~ny, .
ihat he lawfvtly s~ized of tl» said p~m+ses h fa i~mpt~s that th~ sarm ~n fn~, ctw and discFwp~d from ~11 IiMt and ~
~ b..nces in t~w o. sn .qurty, ard rh~t he wi~t .ed h~ s Mi.s ~I,au w~.rem «d d~f~nd rh~ Ntb w th~ wn~ to tM sdd
~ MORTGAGEF, Hs wooason ad a~sipru, forwer eyaL~st th~ lawful cl~&na and dem~nd~ of all pa~art
: PROVtCEO. ALWAYS Nwt if the AtiORTGAGOR shall p~y unto th~ MORTGAGEE th~ promissary rwte h~reinb~fon d~wibd and ~11 tnrly, p~ompRl~r
' and fully pKfwnR, ~r~, executt, tompkt~, compfY with and abid~ by ~sch and wery tM aipul~tioes, sp?~enNnfs, oonditiau a+d oovaMnb d uid
~ promis~ay iwh and of this Mortpape, tl~en this Mwty+ye snd tM Esate hK~by atahd ahall owa and be null a~d void.
r
; R IS UNDERSTOOD that tM word "Mwty+po?" whether in ttw slrguls~ or phxal ~nywiMn tn this Mortpapt. slwll b~ sinputar if on~ onfy and
t ~s shall be plwal iointly aed kver~lly if tno~~ ttwn one, and thal the word "th~ir" ~s ~u~d ~nywMr~ fn thw Mwqsp~ shall b~ tak~n b iman "hi~„" "Mn."
"its, wh~rwer the con»xt w implies o~ admin. Aho, th~t wMrw~? then ia ~ nfa~na in tM oovenants ard apnar~eN~ h~t~in oomafrNd to anp of
~ p~rties Fwe10. 1M ~ ahall b~ cwutrued ro mean aa vwll as th~ Min. Ipd npewntatiws, woaswn and assipm (eitl~ volwuary b~r ~cf oi tM
' ~ ~s.ti.s or u+vdumw by op~ntion of rh. taw) oi rhe wn. and ~har ~he coven.an he.~~ comahyd .h.n Wnd «+d dr Mr»fIn ~nd adv~ntapN MMw~
t ~ J tM rNpw+w lwira Ip+l nwesem.tivh. waYSSO~. .nd ,.:~n. of th. p,rtws M..to.
~ Md said A~{o~tpapon, far N~nnseiv~s and tMir hein. Ip+l r~prewntatives, sucassws ~nd usipm, henbY l~~Y and s~wallp oov«wN and ap~~e
~ and with th~ s~id NWRTCsAGEE, its wu~asws and ~ssigen:
~ 1. To psy aM and sM~pulM tM printipal ~d 1ntKSSt and th~ vuious and w~dry wrns of ma~? p~yabb bp vl~tw of s+id pranissory noM, and thb
mon~sp~. ~ad~ and twrY• Pr~Pth on tFK d+Ys ?~+PettiwFY th~ ~amt ~ewnlfj? Mcan~ dw. .
To pay aN and sirqula tM tax„, assesunenfs, Iwis~, liabiliri~s, oblgatiau and ~nwmbranas d evary natur~ ~nd hind now on ~aid dMVlb~d
op~rty, w th~t Mnafw m~y M impw~d, wffer~d. Pbad. I~vi~d, or a~was~d tlwr~oey a that MttaftK may b~ iwi~d a auwwd upon thN Mort~ -
~ . a th. 4d.M.dness wcw.d h..sby. .ach and ev~?p, wMn dw and pay.bl.. +ooo?~nD fo law, befon th.y b.c~an. d.lk,quera, .nd b~fa. an~r Ma~wa
~ ~dies or My p~n~lty is inaxred; AN~ INSOFAR AS ANY THERE~ IS OP RKOR~ THE SAME SHAII dE PROMPTIY SATISFIEp AND DISCFUIRGEO OF
ORD ANp THE ORIGINAt OffIC1Al OOCUMENT tSIJCH /?S, fOR INSTANCE, THE TAX R£CEIPT OR THE SATISfACTION PAPER OfFIC1ALlY ENOORSEO
E OR CERTIfIED) SHAII 6E PtACED IN iNE HANDS OF SAIO MORTGAGEE WITHIN.TEN DAYS NEXT AFTER PAYMENT: and in Nw ~wnt that any tF~~of U no1
p.id, sar:sfied and d'ncha~~d ~atd MORTGAGEE nwy a~ any time pay rhe same w any pa?t tM.eof wirhaA w~ivwg a aHectinp «ry option, (i~, puily a
•iqht w+dN a by virhre of this monyaye and the fvll amoum of each and wery wd~ payment ahall be irrrnediately dw and psyabb and ~haU bw M?t~nq
~.am the d~te 1Mno! ur~til paid ~t rat~ of nirw p~r centum per annum and wy~the? w~th wd? interat ~hall b~ ~ecvred by tht li~n of tha motytap~.
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