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HomeMy WebLinkAbout0978 ~ after until ~he whot be fully paid, • / ~ Each insrall nt tirsf shali be /ppped in payment of t in~erest and nc~n on 1~ unpaid bel~nte of the pri upal tum. If def~ult is M th~ payment of ~ny '~t~l~ment when d, and such default co~~' ws 30 days, fhen at tly(optan of ~Fw holder, ~nd w~ t any othar notKe, all r~maininp ~nstallmanri sha be due snd paya s af once. Privilepe is rven fo prepay this nol~in whol~ w in part af any Y without penslty. Neit fw~beararKe, nor ~cceptanc by the ho{der t eof •fter aoy default i eny payments hsnwr+, ~II be deemed extension. ate payment charg~ oi : sFwll be added to ca instaNment rema' inp unpaid 7 dsys af r its ~ue dat~, and • 1~ tum shall be added to e~c auch i~ataliment rem~in' 'd 7 days ~fttr each succ ing payment dat . E maker, surety a endaser hersof, tiy and ~everdly, walv demand, ~xesentment prote and notice of piotes~ for payrnMt, and furthtr egrect any ex?ensio~ of ~me of payment, eit befwa a after maturi , without notice to any of s; and to pay all costs f coiledio~, irxiudinq • . . - • - - ' - - - - - - - • . .~.c...::.. .:.a:~:.-: . . . - __e_.. e:t:: . . . - - - - - - _ - - •r:..:~::::::..:.: . "'_'T_" . . r r . r...... ~ T - ..:c:: r:.:.•_ ~~~d ~ws of each Sute ~6f ~he Unieed States, fs againat ~his abiiystion 6~ any exrons~on o~ renewa~fisreof. / ~ ~ ~ , Wimcss ~M haAd and seal of exh party. . ' ~ . REnU . . . : ~r ~ . ~ . ~ c_ ~ sat. a~~e~~,. (S~emps uncelted on aipinsl not~) ~ NO'+N, THEREfORE, the MORTGAGOR for the purpose of seturin~ payment of ~aid wm oi i 7+ SOO. ~ , and tM p~rfo?en~nct of th~ ' covensnts ~nd agr~ements hereinaftar e:preaicd, and fw d?vcn yood and vatwbl~ considerations, by these presents, dwt ynnt, bar9ain, sell, r~mise, ; :elease, con~q~ nd cpnfirm.unto the MORTGAGEE, its succeuors and assipni, •II tMt urt~i~? {ot, pi~w or pucel of land, situat~, lyirg, and beinp in th~ j ~W~ry ~ J~. LL1C1@ Sute of Fbrida, d~scribsd ~s follows: ~ ~ Lots 1, 2 and 3, Block 41, WHITE CITY, as per Plat thereof on file in Plat ~ ~3ook 1, Page 121 , according to the Public Records of St. Lucie County, t' 1 o r i da . ~.~c ~ 3'''~ D~f - 5Gy- O~ U 00 ~ Tiy agreement of Mortgagor and Mortgagee on file with the Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES ~ to be HERFAFTER made by Mortgagee to Mortgagor, the aggregate of which will ~ ec~ual the principal ~nount specified in the promissory note secured hereby. ( _ ~ . ; ~ 0 ~ ~ ; STAT ~ F L i? R ~ ~ ~ ~ ~ ~ a~ r~n~Kr oF n~cFS ' ' r s' D~ C U M E N i A R Y-.-~~ ~ S i A M P_!, x~ DUE OM GJ1S6 'C NITAN(i1~lE PERSORA IAOPEBiY .j ' ! p~~7. ti~ i+~~EYUr ` ~ PUi~T 10 CIi~PiE4 I1-134. ACTS ~ 111/l. ~ `o = _ t L 5 I ~ER POI1Mt Q r I.LT-v ~~I. ,n e~. ~ a~~+c a~nt cvw?r, sr. euc~ co, ~ ~ U - , ~ ~ ~ 3 ~ ragether w~th all and singular tF~e tenemenb, hereditame~b and appurt~nces tMrwnto b~brgirg w in anywis~ appwbininp therNo, and ~11 rMts, is~w~„ u proctedi ~nd profiri ~cuvirg ~nd to sccrw from taid premises, all of whid~ ue includ~d in ths abov~ and forpanp dtwlpNon ~nd I~ab~rdwn. ~ TO HAVE AND TO HO~D the above dewibed and 9ranfed pr~mises unto th~ s~id MORTGAGEE, its sutussws ~nd ~asipnt for~wr. Md tIN faid ~ MORTGAGOR for - LT]elZ exKUton, administ~atws ~nd aisiyro, hereby cov~nants with tFw ~aid MORTCsAGEE, its wa~ssoa and anipn~„ rh~t tawfufl u~:ed of the said t he v d r e Y p,~,,,,;~ fe~ simpl~j that th~ ~ a.~ f~w. cl~ar ~nd d'acharyed fran dl 11~+a and ~naMr brances in I~w a in equity, and thst t h ey will a~d t he i r ~II warant u~d d~f~nd tM titb to th~ sam~ to tM Nld = MORiGAGEE, ib succeswrt and •uigro, fwever ay~irof th~ Iawiul claims ~nd demands of ~II p~noroJ 3 PROVIDED, ALWAYS tMt if tM MORTGAGOR shall pay unto tF» MORTGAGEE th~ p?omissory not~ het~inbeioh d~wib~d ~nd ~II tNly, p?ompflr e end fulty perfwm, d~uharye, execute, complN~, canply with and abid~ by ~ach ~nd " promissory noh •nd of this Mort ~KY ~ atipulatiorn, pr~tm~nts, conditions ud oovaunb of said ~ yay~, then this Mort~spe snd the Estate hereby v~at~d ahall c~ak and b~ null Md vo+d. ~ IT IS UN~ERSTOOp that fhe word "Ntwr~apor" wherhtr in tF~t sinpular or plwal ~nywhne in this Mwtpap~, thall b~ sinpvlw ff oM only ~nd .hall be plwd joinNy and wverally if mor~ tfian on~, and tMt tM word "their" a~ used aoywlier~ G~ this Mortpap~ ~halt be uk~n w m~an "hb" "INn," o- ~ o~ "in;' wF~e?eva th~ cont~xt w~mplies w ~dmits. Abo, tMt wher~vN rhe.. n• r•f...eo~ in rM wrse~aon ~nd apre.menn ha.etn oom•ir»d a any d x7° ~ ~he partiet hereto, the same ~MII b~ consnued to m~an as well ~s the Min. Ipal npr~santafives, sucus~ws ~nd ss~ipnt (~Hher voluntary bp act of th~ ~ ~ parties w Involuntsry by opNatan of tFw law) of the same Md that the covenu?ts Mr~in contaiMd ~hall bind and the b~fits ~nd ~dvanf~pa 4wr~ ~ ~ to tM respectiw heirs, leyal r~presentatives, wcceuon and ~ss~qns of tM pati~s I~e?eta ~ ' Md said Matqa~ors, fw tFiemselves ~nd tFwir Min, Ipal r~presenut'nq, watuws ~nd auipm, h~r~by joiotly ~nd uwtally oo~v~n~n1 ~nd prN ~ ro and with th~ wid MORTGAGEE, in successors and ~ssipen: ~ s ~ p 1. To p~y all and ~inpula~ tM principal and i~terest and tM v~riovs and wndry wm~ of mon~y paY~bb by vktu~ of ~aid promiaay noM, and thy T t mortyaps, eath and ~vsry, ao~ry on tF» days respKtively th~ tanN swt~ally betpM dw. ~ 2. To pay dl a~d wgular tFM qx~s, uwssrn~nq. Iwia. IiabiliY~es, oblipalions ~nd s~cwnbranc~s of wNy natun ~nd k&~d now on s~id dMOib~d ~ w~Y, a that hae~hN msy b~ impos~d, wffend. P~~c~d. Iwied. a~swiwd tlwnon, a th~~ henaft~r may b~ Iwi~d a a~wswd Wa~ thi~ Ma1Q' .~j ~ 1 a~e, or tlw irdebtedntu sttwed h~eby ~ach and w~ry, wh~n dw and pay~bl~. ~ocadirg to law, b~fa~ thty MconN delk~qu~nt. and btiw~ ~ny MMrrMI l~.T ~ aetaches a~ny penalty is incurred; AN~ INSOFAR AS ANY THEREOf IS Of RKORD TNE SAME SH/llt 8E PROWIPTIY SATISfIEO AND OISGUINGED OF ~ RECORD AND THE ORlGINAI OFFICIAL f~CUMENT (SUCH AS, FOR INS?ANCE, THE TAX RKEIPT OR THE SATISFACTION PAFER OFFICIAIIY ENOORSEO ~ OR CERTIfIED) SMALL 6E PtACEO IN THE HANnS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAVMENTJ and in tM ~wm that anp th~nof N not ry pa~d, sat"s(i~d and diuM~yed sa:d MORTGAGEE may at ~ny time pay tM same or tny put thereof witho~t waivinp w aff~ctirp ~~ry opHo~, Ii~n, ~quify p ; ~~aht under or by virtw ot this mort9sye ~nd the full amovnt of each and wery wch p~yment ~hall b~ irrw.~ediatdy due and p~yabl~ and thaN bw iMw~st ~ ~ ~rom Ihe dN~ ther~p( vntil paid ~t nte of n~ne per centum pN ~nnum ~nd top~~her w~tt~ ~uch interest ~hall bt secw~d by tM Il~n d th:s mwptp~.