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HomeMy WebLinkAbout0988 ~ . « _ . r+ M- 7 t . ~ ; # ? ~ . i ' fw value .eceived, t, we a eithc~ of us, prom~se to pay, without de(+Iwrion, ro the wder of FIRST FEDERAI SAVINGS AN~ l0lW ASSOCIATION OF . FORT PIERCE a1 Fat Pi~rce, la~di, ths sum of S with interest f~om da~e at tl» raro of % pK ~nnum, in monthly uutall- mem~ as foitows: t on the d of 19 and ~ lik~ swn on tF» or~~spaid~rg day of icF~ month tMr~- aftcr until the whole be ully' paid. ' Each installment irst shall bt applied in mcnr oF ~he inte.est ~nd then rhe unpaid bslance of t print~pal wm. If wh is in th~ Hayment of a~y inst me~t whcn due, and such efault continuei 30 dsys, then a the option of ths holde~, nd without ~ny other tice, all ths r ininy ;nstallmentt shall due and payable at o~ce. rivileye if yiven fo pr~Y lhis t~ in whole oI in part ~I y tim~ without perwl Neithsr for ante. . nor ~tteptanc~ the hoider the~eof aite~ y defautt i~ any paymenh hereo , ihall be dceened exteni . A late payment char of ; tMll bt added to eac nstatlmenl .emaining un ' 7 days alter i1s dua dat~, ~nd like sum iMll be ~dded each suth iostallmtnt ~ ininp unpaid d~ys ahq each suct paymsnt date. ~ E n+ake~, sureq and e hercof, joinrly and severaHy, ives demand, present p?otest ~nd notic~ of protEit fw nonp~ ~ t, and funh~r agrees t any extensron of t~me of ayment, either be(ore or after m ity, witFaut notic~ to y of us; and to pay ~p oosts of collect' , includinp • reas k at~orney's fee in the vent of any deiautt hereunder, a htreby xve~ally w~ives {I benefit of Iwn?estead ~hd eaemptian u tF~e cqutitution and I s of eech Sute of the ited States, n ag~inst thi~ oblig ~on or ~ny eat~nsio~ or renewal hereof. ~ WitnKS~the F+~nd and seal o( each party. ~ n ~ i , ~ ~ ~ (SEI?u - (5~?U (SE/u~ ~ ~.f. a~„M~ l$ f10 f { NO;N, THEREFORE, the MpRTGAGOR for fM purposs of KCY?inp piytnMt Of Nifl swn•o1; ux! tM perfwmanc~ of th~ covenants ~nd ag:eements hNetnafte~ e:pres~:d. and for divers good and valwbte con~id~r~tara, by tMs~ pturts, do~s yrant, b~ry~in, s~ll, rtmiis. release, convey and cmf~rm vnto the k10RiGAGEE, Its successws ~nd atsi9ns, all that certain M/, piwu w parte! of I~nd, ufuate, lyinp, snd b~inp in iM = County of $t . I.uc f e , ~nd St~te of Fbrid~, d~wib~d ~s iollows: . Lot 38, Iilock 50, RIVER PARK, UNIT S, according to the plat thereof on file in Plat Book 11, Page 31, Public Records of St. Lucie County, Florida . By agreement of Mortgagor and Mortgagee on file Mith Nortgagee, the within mortgage secuzes not only an 4 ~ existing indebtednpss, but also ADVANCES to be HERE- ; AFTER uwde by Mortgagee to Mortgagor, the aggzegate of which will equal the principal anount specified ' in the promissory.note secured hereby. ~ ~ o.~ a IN P11rMEffi Of TAXE~ ~ Dl~ ON pASS'C 1ltTAl'1GIBl.f PE~ P~R~Y~ pURSlW1T 70 C14APIER 71-134. 11CiS Of 11111. us G~ ~1~ i WCIE 00~ , ~ STAT~ FLG R iG A~ ~ f DOCUMENTARY~ _-.~STlaMP . A X ~ c-~ `r OEPT. CF P£YEKU£ e~:` ~ a:~ _ _ ;45.SOi ~ _ = r•~C I l'T6 ~ _ PB- R . ~ ~ IItO? ~ O ~ rogethet wirh all and sinpular tM tenementf, heredit~ment~ •nd appurtantes thsreunto btlorgirg p 1n ~nywis~ apptrfaininp thereto. ~nd ~II nn», issws, ~ p.ocecd~ and p?oFn xnuing and to acc?ue from tsid premises, all of which ue included in th~ abov~ and fwapoie~p desuiption and h~bendwn. TO HAVE AND TO HQW the abov~ described and yranted prem~ses umo ~h~ said MORTCsAGEE, ita sucuswn ~+d ~uipns fwewr. Md th~ aid ~ their ~ MORTGAGOR fos - - heirs, executon, administrsbrs and a~iigns, hereby covtnants with fh~ uid MORTGAGEE, it~ suctawn ~nd assip~r, the a re +hat ----y - lawfully sei:ed of the said prem~ses in fee simplr, tFyt tM same u~ fres, ckar ~~d d'uchar~ed fran all liens and Mcun? b.ancei in bw w in equi~y, ar~d that they will ~nd their he~n sM11 wuram and d~fend ~M title ro tFw urrw to th~ s+id MORTGAGEE, its sucucsws and assi9ns, fa~ver ayaimt tM lawful daims a~d demards of all psnoeqs PROVIDED, ALWAYS that if ~he MORTGAGOR shall psy unto tM MORTGAGEE tM pran'nswy not~ Mr~inbe~on dewibd and tMll ttuly, promptlp and ~ully perform, d~scharpe, e:ecute, compkt~, comply wirh and abide by each ~nd ewry th~ stipul~tioro, ap~~emanri, conditior?s and oovena~ts of said promissory nofe ~~d of this Mortyage, ~hen this Mwt9ape and the Est~te hereby trs~ted sh+ll ceast and b~ nvll ~nd void. ~ IT IS UNaER5T000 that the word "Matg~pw" whetl~er in the sirgulw a plwal anywMr~ in thia Mortya~e. ~hall b~ fIf1~VIK if on~ wdp ~d 3 ~ shall be plura{ jointl~ ~nd s~verally if mor~ tFun one, and that the word "fhsii' ~s used anywher~ in this Mo?tpap~ sMl1 be tak~n to m~~n •'his•• •'Mn,•• ~ - or 'its," whereve? the conteaf so impliss o? ~dmits. Alw, thst wherever the~e is a?•ference in rM cownu?n and preemenn Mrein aonuined ~o .ny of ~ ~ fhe p~nies hereto, tbe iame sMll te construed to mean ss vwll ~s the heirs. Ipal reprosentatives, successors and ~ssipe~s (eitMer voluntary by act of th~ panies or involunt~ry by ope~a~ion of the I~wI of thc s~me and lhat the covenanb i~ein contairnd ~11 bind and 11+~ ben~fits and adv~nt~s inw~ ro the resp~ctive heirs, leyal representative~, wuasan and ~u~yns of the pa?ti~s Mrtto. 3 ~ And said MortyaQors, for themselves and their Froin, leqal r~presentatives, succ~~son ~nd ~upm, hertby iointly and tewrdly coven~nt and apne - ~o ~nd with the said MORTGAGEE, in sucuswn and ~stiyns: ~ ~ 1. To pay all and sirgular rM p.incipal a~d interest and the wriovs u+d wndry swns of monsy paYablt by vinw of said promiswry not~. ~~d this ;i mortgaye, ~~ch and ~wry, promptlr on tM d~y~ tespectsvely tlw same wv~~ally becor~ dw. } 4. To pay all ~nd HfqVIM rhe taxes, asesunents, levies. IiaWli~~es, obliyations and encvmb.anc~a of ~wry rntun ~nd kind now on said d~arib~d ~ p.op~rry, a that here~her may b~ impw~d, wNerd, pl~ced, levied, a aues~ed therson, a tMt h~reaher may b~ Iwid a asseat~d trpon tNs Mw1¢ ~ ne h ~ aqe, a the indebt~dness sacurd hereby, euh ~~d sve.y, wMn dw and payabte, aawdirg ro law, b~fon tMy becan~ ddinq~ent, ad befon any hNenst ; attaches o? ~ny p~~alty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SMAII 6E PROMPTLY SATISf1ED ANO ~ISCHARGEO Of RECORO AND THE ORIGINAI OFfIC1Al DOCUMENT SSUCH A5, FOR INSTANCE, THE TAX RECEI?T OR THE SATISFACTION PAiER OFfIC1AltY ENDORSEO { OR CERTIFIED) SH/1ll SE PLACE~ IN THE HANDS OF SAIO MORTGAGEE WITHIN lEN DAYS NEXT AfTER PAYMENi; and ir~ the ewM 1Mf any tMr~of is not Pacd, sat.ified ~nd discharged sa:d MORTGAGEE may at ~ny time pay the sam~ a any p~n tl~e?eof wi~hout w~ivinp or affeairg arqr option, li~n, aqvih a .