HomeMy WebLinkAbout0277 r0 T PIERCE at Fwt Pierc , Fbrida, the sum ol 5---- W~~ ~~~r~est from date at t rate of ___-°o pcr annum, n monthly irutall-
~nen as (o!lows: 3__ ____..so~ 1he da of and • IiAs sum on the cwresponding day of ch month there-
afrer until the whole be i~{ peid.
Each inslallment first a~t be applied in payment i ~he ~nterest and ~hen ths unpaid 'oalance of he princ~p~l sum. If def~ult is mtde in the
payme t of any inatallment w~en dve, and such de4a~lt co tinues 30 days, then at t optan of tbe ho:der, a without any other notice, a the ~emain:ny
~~~s~a11 nts shall be due and yabie at once. Priv~lege is iven to prepay this nore i whol~ or in part et any t~me wi~h~ut penalfy. Neit forebearante,
nor ~cce unce by the holder t reof afrer •ny defauit in an payments hereon, shafl deemed ex?ensio~. A 1 1e payment chsrgs of s shall b~
added 1 each installment remai ing unpa~d 7 days afte~ its date, snd a tike sum a II be added to each suc insteltment remaining unpsi 7 d~ys ~fter
each succ eding payment date. l, `
Eac maker, aure?y and enllorur hereof, jointly and sevd~ally, waives dcmand, p~e n~ment protest and not e of p~otest for ~onpayment and further
agrees to a y exte~aion of t~me of'Payment, either be(ore a aft maturily, without not~ce o ~ny of us; end to ay all costs of collection, nclud;np a
reasonable torney"a fee in the ev~nr of any default hereunder, nd he~eby severally xaiv s ali benefit of homesre and ezemption u~der the titWion
and laws of }ach S~ate of the United States, as aga~nst thi~ obt~ga w any eatension or r wai hereoL ~
Wi~ness the hand and seal of'`each party. ~ i
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NOW, THEREFORE, the MORTGAGOR for the purpox of scc~?ing payment of sa~d sum of = 37 ~ 2~' and the p~rfamanu of tlw
covenants •nd agreements hereinafter exp~essed, and for diven good snd valuabts conside~ations, by thes~ prescntt, doea gr~nt, ba~yain, sell, remise,
rrlease, convey and confirm unto the MORiGAGEE, its avccessors arsd assi9ns, etl that certain tot, piece or parcel of Iand, situate, lyirg, and beinp in tM
Counry of St . i'uCie end State of Fbrida, dew~bed as followi:
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Lot 16~ Block 287, PORT S?. LUCIE SECTId[V 4, according
to plat thereof recorded in Plat Book 12, page 14A - 14G
public records of St. Lucie County, Flori~e.
~ .
By agreement of Mortgagor and Moztgagee on file
with Mortgagee, the within mortgage secures not
only an existing indebtedness, but a2so ADVA;~Cf~~
to be HERFAFT'ER made by Mortgagee to Mortgagor,
the aggregate of which will equal the principal
amount specified in the promissory note secured
hereby.
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IN PA~fM1EKi Of 7AXEs
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~ ` ; ; " : - ~ t ~ ~ ~ ~ p~ pM GASS 'C INTAiiG1YlE rfw~NAl ?~PfR1Y,
~ • .-r , • i RSIyAfI~ 70 Cl:~:~co T1-13:. AICTS i~ lyll~~a
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s tog~thsr with all and singular the tenementt, hereditarrKnrt and appunantes thereunto befonging a in anywite ~ppert~inirg thN~to, ~nd all rK,ts, itswa,
proceeds ~nd profits acauing ~~d to uvus from taid premises, a!I of whicfi are inclvded in tht abov~ and fongoinp d~sviption ~nd h~Mndum.
; TO HAVE AND TO HOID the sbov~ dew~bed and ~~anted premises unto tM ~aid MORTGAGEE, its succeswn u~d ~uiyro forw~. Md tM said
' their
5 MORTGAGOR for - heirs, eaecutors, ~dminiatrafors and asiigns, hereby covenanta with the said MORTGAGEE, it~ svtttsiors u~d ~salprr,
that -thgy lavvfully ieized of the said premis~s in fe~ simple; thst tM ~arrw sr~ fr~e, clear and dischuged from all liero ~nd M+cwn~
~ brences in Iaw w in equity, and that they will and their hein rMll w~rrant snd dtfend tht titl~ to th~ taen~ to th~ ssid
~ MORTGAGfE, its succeuors and au~gns, fa~ver against ~M I~wfvl clsims s~d demands of all persons;
PROVIDED, AlWAYS that if the MORTGAGOR ahall pay unto the MORTGAGEE tM promitwry note Mreinbefor~ described u~d sMll truly, prompfly
end fully perfwm, d~scMrye, execute, complete, comply with and ~bide by escF? and every tM ~tipul~tiau, aprstmenri, conditiom ~nd oov~n~nb of aaid
promissory not~ and of this Mortyage, then this Nbrtgsfle and the Est~te hereby ae~ted sMll uase and b~ nvll ~nd wid.
j IT IS UNDERSTOOp tMt t1+e wo~d "Matgaqor' wF~ether in the singulsr w plural ~nywhere in tl?is Mortg~ge, shall b~ sfnpul~r if one only and
: - shall be plursl iointly and ieverally if mor~ than one, and that tM wwd "their" as used anywfKrt in this Matyaye sF?~II bt take~ fo mean •'his,•• "h~n.••
w"in;' wherever th~ contezt w implies w sdmits. Also, tF»t where~rer there is ~ r~fs?ence In 1M tovenanri and apr~nq htrein ooM~i~wd to a~y of
tFK parties herero, the iame tMll be consrrued ro mem as well es the heirs. Ieya) r~estnt~tivs, wccessws ~nd assyM (~ithN voluntary by ~ct of fh~
~ parties or involumary by operafion o~ the law) of the s~me and th~t the covensnt~ herein co~tsined shall bind and tFw ber»fi}s and ~dvanta~s (rwr~
~j to the reipective hein, ky~l representstives, succcssors and au'g~s of the p~rties herato.
~ And said Mwtpa~ors, for themselvK and tF+eir heirs, isy~l reprsumatives, iucceswrs ~nd usiyns, her~by jointly u~d s~vaally tov~na~t and pr~e
to ~nd with the s~id MORTGACsEE, in sucussas and auiy~s:
~ 1. To pay all and sinpvlar th~ prinupal and imaest •nd tht variovs a~d wndry wrns of money paYable bp vinw of ~aid promisfory nof~, and fht~
_ mwtpaQe, each ~nd ~wry, promptly on the days respecfively the ume kv~r~lly l~corn~ due.
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' 2. To pay ail and wgul~r the uxes, asisssm~nts, levies, liabiliti~s, obliyaran~ and tncwnbr+ncs~ of ewry n+tur~ u~d ktnd now o~ saW dacrfb~d
; proptrty. w that here~(ter may be +mpwed, sufiered, plated, levi~d, ot ass~ssad tl+~rwn. 01 1MT FIR?f~f1H fMy ~ I~viNfl p~{Ip011 1I1I~ MOf1~
+p~, a tl+~ indebtednesi secured hereby. ~ach ~nd wery, when dw and pay~bt~, auordinp to law, b~for~ ~hey becan~ delinqwM, and b~for~ anr ku~nq
~ aftaches a~ny penalty is incurrcd; AND fNSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII 6E PROMP~IY SATISFIEO AND DISCFIAkGED Of
RKORD AND iNE ORIGINAt OfFIC1At DOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RECEIPT OR TME SATISfAC110N PAPER OffICIAIIY ENOORSED
OR CERTIFIE~) SHAII SE VtACED IN THE MANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tM weM 1Mt a~y tMtwf (s no1
paid, taYi?ied and discharged sa;d MORTGAGEE m~y at any time pay the same o~ ~ny pan the~wf without waivinp p afiedirg ~nY option, lien, ~q~?ify oI
.pht under or by vir~ue of this mort9aye ~nd ~~.e f„II amount ol each and every such payment ih~ll be imm~d~st~ly due and payabl~ ~nd sMll bta kNK~s~.
trom the dsfe thereof until paid et rate of n~ne per centum per annum •nd toyetMr w~th such interesr sh~ll be tecured by the lien Of 1h:s morptsp~.