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HomeMy WebLinkAbout0059 • Each ~nstatiment (int shali be app!~ed ~n pay~neM of the interes~ and th on the unpaid balance of the princ~pal sum. If defaulf is made in payment of any instailnxm w due, and such defau~t con~~nues 30 days, 1h at the option of tF?e holder, and without any ot er notice, all the remai ng ~ ~nstallme~ts shall be due and •yabte at once. P~ivilege i~ givc~ to prepay t s note in whole w in put at any time without Ity. Neither faebear r?ce, nor aceeptance by the hoi hereof aiter any deiauit in any payments he n, sha{I be deemed extension. A Iate paymsnt arge of s 11 be added to each ins~allme~t aining unpa.d 7 days aiter its due date, a a like sum shall be added to each such installmen remaining unpaid 7 d s~fter each succeed~ng payme are. Each maker, sur ~ and endorser hereof, jo~ntly and sevcrally, aives dert+and, preuntment protest and notice of pr test for nonpaymenf, furthet agrees to any extens~p f t~~r.e of payment, either before or a(~er ma rity, vsithout notlce to any of us; and to pay a co:ts of collectio~, ' Iud~ny s reasonab~e a~torncy's in the event of any defau~l hereundrr, an hereby severally waives all benetit of homestead a exemption under the onstitutwn and laws of each St e of the United States, as aga~nst this obtigat' or aoy extension or renewai fxreof. Witness the and and seal of esch party. (SEAI~ (SEAI) cs~?u ' cs~?u ( ~ S±are-'lt~~ oricinal ~fa1 NOW, THEREFORE, the MORTGAGOR fw the purpose of aecurir?g psyment of said sum of S 1~~ .+nd•ths performsnce of the covenants and agreements hereinafter expressed, and for d~vers good and valuable cauiderations, by thess presents, does grant, bar~ain, tell, ~emise, . release, convey and confirm unto the MORiGAGEE, its auccessort and auigns, all that certain (ot, piece or pa~cel of ~~nd, situate, lying, and bein~ in ths Co~nty of St. ~CiP , and State of Flaids, dewibed follows: West half of Lot 21 and all of Lat 22, Block 18, SDNLAND GARDENS SUBDIVISIOri, according to the plat thereof on file in Plat Book 8, page 32, public records of St. Iucie Caunty, Flo2`1d8. ~~rlutcsrts ~ / f~s-= ~ D/- d3 ~02 - G O p ~ - L'SE ON~ f • / By agreement of Mortgagor and Mortgagea on file writh Mcrtigagee~ ! the within nartgage secures not only an eaisting indebtadness, ; but also ADYANCES to be HERSAPTER made by Mortgagee to I~brtgagor ~ the aggregate of which ~rill equal the principal amount specified ~ in the protaissory note secured hereby. ~ ! ~ ~ , - - - ~ - ~ T ~E.._{~rl~~f-' ~ ~ A~' E r i ~ c'~CUntiEr,~'tiQ~.: _ ST r^nn 'r_ I ~ N - ~ C) ~ , ,,i ~EYE ~UE ~ - '''1N MYMENT OF TAXO C r ~ 3: Z a. ~ 0 ~ DUE ON pASS 'C IqTAIiGlBLE rERSON~I PROPEIIlXt - ee. _ ~:ar ~a ~.t ~ ~ - . ~ _ ~ _ x ~ _ - ~ ~ To cwir~r~R n-i~. ~rs oF i~n. /-~l~ eos~ pam~?s ~ c~ac c~ncurt oouat. sr. wc~ oo, ~ toyetl+er w~th all and singular the tenements, hereditaments and appurtances thereunto bela~giny or in a~ywise ~ppert~inir~ therefo, ~nd +II renri, issues, proceedi +nd profits ecuuing and to acaue from said prcmises, all of which ~re included in the above a~d forepoirg dacriptan ~nd habendum. TO HAVE AND TO HOlO the above desuibed end gronted premises unto the ssid MORTGAGEE, i» s~cceswrs u~d auiym forev~r. Md th~ said their MORTGAGOR fo? heirs, exetutors, administntors and assgns, hereby covenants with the said MORTGAGEE, its wtt~uws ~nd assipro, ~hat -~e~a~-- Iawfully scized of the said premises in fee simple; that the same are free, ckar and disch~~~ed from ~11 liens and ~rxum~ ~ brances in law or in eq~~ty, and that ~e~ will and ~eir hein shall warrsnt arul d~fend ths titl~ to tM urt» to the s~id MORTGAGEE, its succeuors and auigns, fwever sgainst the lawful claims and demands of all perwro; PROVIDED, AlWAYS that if the MORTGAGOR shall pay v~to the MORTGAGEE tF~e promissory note hereinbefae described snd shsl) fruly, promptly and fully perform, d~xha?ge, execute, complete, comply w~th and abide by each and every the stipulations, sgreemenri, conditions and cova?~nts of said promissory note and of this Mwtgage, then this Mortgage and the Estate hereby created ihall cesie and be rwll and void. IT IS UNDERSTOpp thsf the word "Matgagor" whether in fhe singular a plural anywhere in fhii Mwtgaye, sh~ll be sinpvl~r if one only and ~ t. shall be plural jointly and severally if more than one, and that the word "t he~r" as vsed anywhere in thn Nbrtgag~ sh~ll be taken to me~n "his; •••hen; , x ~ w"its," wherever the context so implies a admits. Also, that wherever there is a reference in tM covenants end agreemenn herein oont~ined to ~ny of the parties hereto, the ssme shall be constrved to mesn ss well ai the heirs, leyal representatives, svccessors and auig~u (either voluntary by act of tM ~ parties or invol~ntsry by operaYan of the Isw) of the ssme a~d lhat the covenants herein contained sfisll bind and ths benefits and advanta~es inu~~ ~ ro tF~e respective heirs, (cgal representatives, succeuors a~d ass°gns of the parties hereto. And ssid Mortga~ors, fu themulves and their heirs, legal representatives, successots snd assiynt, hereby jointly and sevaally toveeunt end apree ~ to and with the said MORTGAGEE, its iuccessws and assigns: M 1. To psy +11 ~nd sir~ulsr the principel and inrere~t and the vsriovs and svndry swns of moeey paysble by vinue of said promiisory note, and this mortgaye, each and every, promp~ly on the days reipectively the ssms severally become due. 2. To p~y all and tingular the taxes, assessments, levies, Iiabilities, obliyatia?s ~~d encumbnncq of every n~ture and kind now on iaid dewib~d property, or that heresfter may be imposed, suifered, plxed, levied, a auessed thereon, a that heieafter may be I~vied or usesud upon this Mort~ ~ ayt, w the indebted~ess secured FxreSy, e~ch and every, wken due and payable, sccordinp ro law, befwe tFiey becam delirpuent, and befw~ ~ny lnterpt attaches a sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPTIY SATISfIEO AND DISCHARGED OF RECORD AN~ THE ORIGINAL OfFIC1Al DOCUMENT 15UCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC?ION PAPER OffICIMIY ENDORSEO OR CERi1F1ED1 SHALL BE PIACED IN THE HANDS OF SAID MORiGAGEE WITHIN 1EN DAYS NfXT AfTER PAYMENTr and in Ihe ~vent that anv thereof ia not