HomeMy WebLinkAbout0342 • - - -r'r..__ o~... ..~.Ne~u w~a, r V~ n,C ywq~y~~ Wm. ~ It uc~au q nqYQ In /f~Q
Fetmrnt oF any inu~Un~nt n Jue, ~nd ~uch driauh connn s 30 dayf, ~hen at thc op~ion of tM kier, and wi~hout •ny othe? not~c all ~he temaimrg
ms~allments shaH be due a~N1 ayebte at once. P~rvUege ~s y~ n ~o prepay this nots in whole w in a1 ~ny t:me without ptMity. ilhe? (orebN~ancs,
nor icceptante by tt.t ho~d thor~t ifrz~ a~~y .ief:~7t a~~ ~aymerts Ixr~n, ~haii bi ~am~d axt +en. A:ata psyr~ser~t c:~a:4~ of ~ sha!! bt
added to eacA instailmrnt ~ m:ining unp~~d 7 ders at~a its due d~t~, and • i~ke sum ahall be edd ro esch such insuflrnant re~r.~in~ u~+paid 7 d~y~ after
eath svtceeding payment/ ate. /
Each m~ker, sure~ and endwser hereof, joh,~ly a sevcraily, we~ves de~:snd. p.exnrment o~est aod notice oi proteat ~w/nonpayment, ~nd furthe~
egrees to any exrens~on t~m.e of paymenr, e~rhe• be!ore r atrt. ma~urcty, without noe;ce to any of us; and to psy ~II costt pf col~e:.fan, includ+np •
reasonable attorney s( in the r.enr o1 an~ defau;r h runder, and hereby seve~ally waires all nefif of home~tead ~od eaem~/ under the tOnstilulion
and laws oF each S~ar of ~he Unit.d Sreres, as sga~nst ~~s obLganon w~ny e,c~eosion w.e~ew I hereof.
Witness the d a~d seal of cach pany.
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( ~ Stste Revenue
(Sramp~ uncelled on aiyin~l note)
NOJV, THEREfORE, the MORTGAGOR tw ~he purpose of secvring payment of said wen of s 10+~~'~ ~nd tht perfwen~nc~ of th~
covenantf ~nd a9r~emenls hereinafter eapre?srd, snd (w divers good •nd v~loable considerations, by thef~ pesenb. does yrant. ba.9~in, t~ll, remise,
re:eaie, convey and conl~~m unto the MORiGAGFE, ih successors a~ •uiflns, atI tMt certain bt, piece a pucal of land, tituatt, lyinp, and b~inp In ths
County of $t .~.t~ iH ~nd Srate of fb.ida. de~crib~d a~ foltows:
South half of Lot 3 and all of Lot 4 and th~ ~n~est 6 feet of vacated a12ey, ad3oining an
East~ Block 3, L.4 FOh'D ~UBDIVISION, according to the plat t~ereof on file ir.
Plat Book 8, page 12, public records cf St. Lucie Caunty, Florida,
By agreement of Mortgagor and Mortg agee on f ile Kith MorLgagee,
the ~rithin mortgage secures not only an eziating indebtedness~
but also NL'VAPICFS to be HEREAFTER made by Mortgagee to Mortgagor
the aggregate of which rrill equal theprincipal amount specified
in the promissorq note secured hereby.
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' DOtiU~l1ENTARY STlaM~~ t!: ~ 1V[~ " P~~. ~ ry
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62 , ~ ~IERK C1~%U~~ ~~;~d .
~ogetMr with alt and singular the tenements. hered~taments ind ap~wnancet thereunto belagirg p in anywis~ ~ppe~tainug therero. ~nd dl ttnb, is~ua,
prx~ads snd profits +ccruinq and to accrue /rom said premise~, all o~ wh~ch are included in th~ abovt and fore9oirg dtscriptan and hsbe~dum.
TO HAVE AND TO HOtD fhs above desc.ibed snd g~antcd p?emi~es unto th~ wid MORTGAGEE, in wcceswn and auiyns fwew~. Md tM add
N!ORTGAGOR fw hein, executws, administrators ~nd aui9rn, hereby coven+nb with th~ said A0.0RTGAGEE, ib suaefwn and ~~siper,
~ ~hat lawiully sei:cd of the s+id p?sm~ses in (ee iimple: that tM same ar~ fns, cl~ar ~nd discFurpad from dl li~ns and ~ncum~
brances in I~w w in equity, snd th~t_~' will and his hein sMll wan~nl u+d d~fend t}» titl~ to th~ ~am~ to tM ~atd
~ `AORTGAGEE, its succeuors and ~ssiy~~, forever ag~inst the lawiul claims and demands of dl penpn;
~ PROVIDED, ALWAYS tMt :i tM MORTGAGOR shall pay unto tM MORTGACaEE tFM promiuwy note htreinbe(ort dtsaib~d u~d sh~ll truly, ptomptly
and /ully perfwm, d~~ch+rqe, ~:ecute, comptete, comply w~th and ~b~de by e~ch and wery the stipul~tions, apreemenn, conditio~u and tovtnanb ot said
promi:sory note •nd of this Mortgage, then this Mwtgaye and the Estate hereby ucated shall cea~e and b~ null and void.
IT IS UN~ERSTOOD fMt tht wwd "Mortpigot" whether in the sinyvlsr o~ pl~~al anywher~ in this Mwt9a~e, shall be sinpul~r if one only ~rd -
shall be plur~l ioin~l~ and severally if more than one, ar+d fhaf the word "their" ai used anywhen in this Mon9ape shsll be takM to mean "his:, •'h~n••
~ w"its;' wherever the contex~ so implies w admirs. AIw, ?hat wherever ~he~e is • r~ference io ~M covenann and pr~.me~n h.rein oootain.d to My of ~'C
the p+rti~a hs.eto, the ~ame shall be consnued to mean ~s we11 ~s the hei?s, beqal r~presentatives, succeswn and auiyro (eithN voluntMr bp acf oi th~ ~ap
pertiq a involun~ary by operat~on of ~he lew) of ihe sune and that the twenants h~~e~n cont~ined ahall bind ~nd tM b~ne~its ~nd advanbpp inw~
ro the respectiw he'as, leyat represem~~ires, successat and us~yns of tM p~rti~s hereto_ .
1
And s~id Mwryapws, fw ~hemselves and the~r he7n, kgal rep~csenrarives, wcceswrs and auiqns, hereby joiotly and NVNiIIy COVlMM ~Ifd ~fN
ro and with tM uid MORIGAGEE, its succeuors and aui~n~:
1. To pay all ~nd sinpubr the principal and inte~est ~nd the variovs and sundry sums of money p~Yablt by virtw of said promiswry not~. ~nd thfs 'e
mw19~, each and evay, p~ompNy on tht d~ys respedively tht ~sme iev~r~lly becomt dw. ~
2. 7o p+y dl and sirg~l~r tF?e ta:es, a~sessments, levies, li~biliries, obliystions ~nd encwnbrurcts of wery natw~ ~nd kind now on s~id d~strib~d
property, or tF~a~ hereafta may b~ imposed, iuffered, pt~ced, kvied, a assessed thenon, w tMt F~treaft~r may b~ levid o? auessed upon this Allwt¢
sy~, a tFM ir~b~ednea sea,red I+ereby, each and srery, wMn dve and payabte, accadirg to law, be/w~ they becarr d~linqwnt. ~nd b~iw~ a~y iM~rea ~
•tt~chea or any penalty is inturred; ANU INSOFAR AS ANY iNEREOF IS Of.RKORD THE SAME SHAIt dE PROMPTIY SATISf1ED AND DISCHARGfD OF
RECORO AND TME ORIGIhAI OffICIAI OOCUMEtJi (SUCH AS, FOR INSTANCE, ~HE TAX RECEIPT OR iHE SATISfACTfON PAPER- OFfICIAUY EN~ORSE~ O__
OR CERTIFIED) SMAIL BE PIA~ED IN iME HANDS OF SAIp MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYAAENT; and in th~ ~vtnt tMt .any theteof is nol
pa~d, saYa(icd ~nd d~aharged sa'd MORTGAGEE may at •ny lime p~y the ~ame w any p~rf thereof witho~rt waivin9 a ~ffectirg ~ny option, lien, p~iry p
•iQht under o~ by virtue of this morryage and the ful! amovnt of each and every suth p~yment shall be immedia~ely dw and pay~bk ~nd shall b~ar 'ntNNt
~rom ehe date rhereof u~til pa~d at rNe o~ n~ne per cent~m per a~num and royether w~th suth imert~l ~hall be ucureQ by the Iien oi th'i moryraye.