HomeMy WebLinkAbout0857 payment o( any inst~llment Wfie~ d~e,~and such dafaull continues 30 day~, then at the yp~iwn of tl~e hoider, and w~thout any other ~of~ce, all the ~m~~mnp
instsllme~ts shall be due aryd payable at once. Frivileye is qiven to prepay this no~s /~d whole or in part at ~ny h~ne w~thout penalty. Neither f~bear~nc~,
nw acceptance by the hoJder thereof afrer any defavlt in any p~ymen~s hereon, sha}f be deemed extms~on. A late paymeM ch~rge o( Z sMll b~
added to each installmer~t rcmaini~g unpaid 7 daya after ib dw dats, and s t~?e {um shall be added to each such installmeM remaining un 7 days af~a
esch aucc~ediny pay m dare. ~ ~
Each maker, refy and endorser heroof, joiatiy and sewrally, wiives emand, prexn?meM protest and no+ice of protest ior non ment, and fuMhe~
sgreet to ~ny exte ia~ of time of payment, either before w afte~ maturity, ~thout notitr to any of us; end to pay all costa of co ection, includinq a
reason~ble attu "s f~t in tFK t~eo1 oi ~ny default hereuode~, and here severaNy waivet alt bene~it of homdtead and ex~+ption eder the constitution
and I~ws of e Srate ol the United S~~tes, ~s ~g~inst this ob{iga~ion p ny extens~on o? renewal hereo(.
Witnes ths hand ~nd seal of each party. j/ i , _ .
lSFAI?
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S~a~e Revenw =
(St caocelled on aiyinal not~) . - -
NOW, THEREFORE, Ihe MORTGAGOR fot the purposle o} _ setvring payrhent of ~aid sum of f ~ i ~ ~~+d P~~~++^~ of tht
cov~nants and +p~eemenn he~ainafter exp~essed, and tor divers good and val~~bl~ cons+der~tio~+s, by these presents, does 9~ant, bar~ain. aell, rtmise,
rele~ss, conwy and coniirm unro the MORTGAGEE, ib succeuon +nd auiyns, all tMt ce~t~in bt, piece or parcet of land, situate, lyir~, and b~ing !n 1he
County of c* ~ . and Stat~ of Flwida, dew~bed +s foltowt:
From the Northeast corner of Block one of the Re-Subdivision of the ?own
of White City, as recorded in Flat Book 1, page 21, of the Public Records
of St. Lucie County, R~orida, run West 165 f¢et, thence run South 40 feet
to the point of beginning: thence Continue South 150 feet, thence ru~ West
120 feet, thence run North I50 feet, thence run Sast 120 feet to the point
of beginning. ?he above described parcel being in SQCtion 4, ?ownship 36
South, Ran9e 40 SastY
By agreeaeot of Mortgagor and Mortgagee on file with the Mortgagee, the
within Mortqage secures not only an existing indebtedness, but also ADVANCSS
to be H~RBAF'?CsR sade by Mortgagee to Mortgagor, thQ aggregate of which will
equal the principal aaaount specified in the pro~issory note secured hereby.
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- ~ 4 5. 0 0 ~ TO CNA~TRA 7t•134. ACTS Of lyit.
~ = ve '.:~3t'i7 1=':~J ROGER PDITRAS~
= t t t 4's 4-~~4'"r ~ (XFiK GI~i11R COURji ST. IE 00~~~~
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tope~har with all and s;npular ths tenements, hered~tamenn and appura~ces thereumo belaginq or in ~nywise ~ppert~ininy thereto, and +II renn, iuues,
proceeds and profit~ acuuiny and to acave from uid prem'~ses, all of wh~ch are included i~ the sbove and fore~oinp dcscription ~nd h~bendum.
TO HAVE AND TO HOID ths abov~ dexribed +nd pranted premises unto tM said AAORTGAGEF, its suuessort ~nd suipns ~orevN. Md tM s~id
MORiGAGOR for +-~s-s---- heir~, executon, sdmin~str~tors ~nd aisigru, hereby covenaori with the s~id MORiGAGEE, it~ s~xceuon ~nd asiprn,
~hat -~E~jf-i~4 lawfulty seized of rl?a said prem~xt in ~e~ simple; that tM ume ara ine, cleu snd diuharged from all liens and ~ncwrf
brances in law a in eqvity, ~nd thst they will and th@iI f~ein ~hall warrant and d~fend the titb ro the saem to tM wW
NIORTGAGEE, its successors and ~uiyns, fwwer sy+i~nt tM Iawfu! claims ~nd dema+ids of ~11 pe~somt
PROVIDED, ALWAYS that if the MORTGAGOR ahsll pay unto the MORTGACsEE the promissory note heteinbefwe dewibed u+d sF~ali trvly, promptly
and fully p~riorm, d~sci~ar~e, execute, compkte, camply with and ab~de by each and every ths stipirtations, ~yreements, conditioea and cov~n+~» of s~id
promiswry noro ~nd of this Moregsye, then thiY Mwtg~ge and the Euate hereby ueated shall ce~ss and be null ~nd void. ~°O
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IT IS UNDERSTOOD that ths word "Mortysgor" whether in tM sirgulsr or plwal ~nywhere in tha Morty~ye, shall be sinqv~ar if one only and
sM11 be p{ur+l pintly and sever+Ily if mor~ thsn ont, and that ths wwd "their" as vsed ~nywhere a? thit N4ortysye shall be t~ken to mean "his," "Mn,"
a°in;' wherever the contezt so implies or admits. Also, that wherever the?e is ~ refaerKe in tFw covenann u~d agreemenn her~in cont~ined to ~ny of
th~ parties her~to. tht ssme shall b~ cautrued to mea~ as well ss tt+e heirs, kp+l represenativei, wcceuon u~d ~uipns (eithe~ wluntary by act of tM
p~?ties or involunt~ry by op~ration of fhs l~w) af ~he same and tM~ the covenann henin conui~ed ~haU b~nd •nd rhe be~efin ~nd ~dvantp~s inw~
ro the r~spectiw heirs, I~yal rep~escntativts, successors ard ~u~yns of tM panies hereta. .p
And taid Mortyayors, for tixmselves ~nd their he'us, leg~l representative~, successas ~nd auipns, hereby joinrly and sevaally covai»nt snd apree ~s
ro and with tF~e said MORTGI~GEE, in succeswn ~nd ~u7gru:
1: To psy ~I! and ~inpular tM princ;psl u~d intaest and tM varian ~nd w~dry svrm of money paY~ble bY virtw of said promisaory note. ~nd this ~
mprtyap~• ~ach ~nd every, promptly on tht days respedively tFw ame s~w~ally betam d~e. "
2. To pay all and sinpulw the taxes. ~s~esunenn, levirs. Ii~bilities, obliyations and ~ncumbr~nces of svery narwe and kind now on said dauib~d ~
prop~rry• a thst htreaft~~ may b~ impwed, avffaed, plxed, kvied, or ~isessed thereon, a that here~fter may b~ levied a+uessed ~pon shis Mort~-
ap~, or tM Indebtedneu sacvred hereby, ~ach ~nd wery, when dw and p~yable, ~ccordinp to (aw, bcfor~ they becane dstirquent, ~nd befor~ any intsrt~t
att~ches w a~y penalty is intuned; AND tN50fAR AS ANY THEREOf IS OF RKORD THE SAME SHAtI BE PROMPTIY SATISFIED AND DISCHARGED OF
RfCORO AND THE ORIG1NAl OFFI~IAL pOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEtPi OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED
OR CERtIf1E0) SHAII bE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFiER PAYMENi; and in /he event !Mt ~ny tMereof is not
paid, saY.sf'ied and discharged sa:d MORIGAGEE may at my t~me pay tF~e same a any pan thereof without waivir~ a ~ffectir~g any option, lien, eqvity a
.ipfit ~nder o~ by virtue of this mortg~ye and the full amount of e+ch ~nd every such paymem shall be immcdiate~y due +nd payabte and shaH bear inte~eie
hom the date thereoi until paid at rate of n~ne per ce~tum per an~um +nd 1oye/he~ w;?h such intcrest shall be secvred by the lien of th:s mwqta9e.
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