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HomeMy WebLinkAbout0973 i s i e . ~ for value rec ved, 1, we or ei~her o( ui, prcm~sc to pay, r4ithou~ defalca~Ion, to the orde? of tRS1 fEOERA~ $AVINGS AND LUAN J~v~~huv~v vr fORT PIERCE at F Pierce, Fbrids, 1he sum of S-- w~th interesr irom te at the rate of °e pe? ~nnu , in monthly insfal4 menrs as fot!ows: _ on the day of 1_ 19__ and e like sum on the cwreapondiny day of exh month there- after umil ?he w ole be fully pa~d. Each inst Ilment f~rs~ •hell be appiird ~n payment o the inrerest and then cn ~ne un ~aid bauncc o4 the ~~nupd sum. f dehult is mad~ in the pay~nent of an insta~~ment wfien due, and s~~th default c ntinues 30 days, then st the opti of the holde~, ~nd without ~ny o r notite, ~II the remaining ~nstallments ~ II tx due and payab!e at once. Pr~v~tege g~ven to prapay this note in w e or in part af ~ny t:me without nalty. Neitha faebeuaoce, nor accepta by rlro hotde? theieof after any detault n any payments hereon, ahal! be . ed extens~on. A I~te payme charge of s shall be added to er h instaflmtnt ~emaining vnpa~d 7 dsyf af er tn due date, and • tike tum s II be sdded to each such initall nt remaininy unp~id 7 d~yt after e+ch succ ing payment dare. Ex maker, svretv and endo~ser he~eof, je~ ty and ~everally, waives drmand p~esentment protest and notice protest fo~ nonpaymenl, and f~rthei agrees to ny eatensio~ of tim.e of payment, eithr~ fure w after matunty, without tice to any of us; and to y all wsts of t.oNection, includinp ~ ~easonab attorney's (ee i~ the event oF any de ult hereunder, and hereby seve* y waives all benefit o1 homsst ad and exemption under the constitut'an and taw of each State of ~he Un~1ed States, as ainst this obl~gation or any exteps~on o+ renewa~ hereof. ~tnesa the hand a~d xal of each part . (SEAI) ~ , cs~?u ~ - ' • ~ ~ cs~?y ~ , (s~?U - , . x ~ ' 3 NOW, THEREFORE, the MORTGAGOR fw fhe purpose of securing payment of said svrA of S 26 , and !h~ perforrrw~ct of th~ ~ covenants and agreemenrs hereinatter expresscd, and fw d~vers good and val~~ble conside?atio~s, by thesi prosents, does grant, bryain, sell; remiie, release, convey ar.d confirm unto the MORTGAGEE, its •uccessors and auigns, all that ce~tain lo~, piece a parcel of I~nd, aitwtt, lyinp, end being in 1M Counry of - St .~.L1Ci@ , and Sute of Florid~, deu~ibed ~t tollows: Lot 1~ Block 713, PORT 5?. WCIB, SBCfION 16~ according to the plat thereof on file in Plat Book 13, page 17 , public secords of St. Lucie County, Florida. By agreeaent of Moztgagor and Mortgagee on file with Mortgaqee~ the within aortgage secures not only an existing indebtedness, but also ADVANCBS to be t~RBARTBR ~ade by Mostqagee to Mortqagor tbe aggzegate of which will equal the principal anount ape~ified in the psosissosy no~e secured hereby. I RECEIYFO IN PAIfMENT OF iAXEs ~ OlE ON CIASS 'C INTAMGiBLE PE~tSONAL P!tOPERII~ - S TAT E~~ F~ C~..~ F~ i u. L-~ 1 PIfRSUNIT TO CHAPTER 71-134. Acrs of ~i. ~ T OOC?)MENTARI' STG~_M P~!, ~ ROGER POITRAC °::f?T. ~~F RcVEtiUE `r"~'2`"~•-: i d.ERK GMiWT OOURT~ ST. WCIE W~ ~o ~n-~z:•~~`~~..~.~~~ 3 0. 0 0 1 ~ es. ~ o ~ ~a~cz ~ 1 r~" 4 - .vav~~~c~~•.~~: t•.s•~.~.:e~' :t11~~~t~"`%1'!. ! - , ~~?T ~~~'t?EVFVJE'.i~t~t~'i-'" ! K,:, ~ _ fl. ~ . 4.~'s t'TJ ~ Q ~ ~ ~ , o - 2~ ---«s- ~ rogether with sll and si~gular tM ten~menb, hered~taments and appurtancn therevnto belor?piny a in anywise appertair?irg thereto, and all rtnb, iuuet. prOteetls snd profif• xvuing and to xuue from ~sid premises, all of wFiKh sre ir~cluded in the above ~nd foreyoiny descriptioe and habendum. TO HAVE AND 10 HQ~ fhe ~bove desvib~d snd granted premfses unto the said MORTGAGEE, in s~cceuon u~d auipns for~wr. Md tM said MORTGA~ R/w b S--- hein, execut«s, administr~tors ~nd assigm, hereby covenanri with tM saW MORTGAGEE, iri wa~sw~~ ~nd assipns, rhat Iawfutly srized of the said prem~ses in fee simple; that the same +re free, clear and discMr9ed itom all liens ud entwn~ brance~ in law w in eqvity, and thst he will and hl S heiri shall wur~~t ~nd d~fend the title to the ssm~ to the said MORTGAGEE; its succeuors and aupro, forever agai~st the lawiul ctsims and demancls of all pertona; PROVIOE~, AIWAYS th~t if ~he MORTGAGOR shall pay unto the MORTGAGEE the p~omissory note F~ereinbefore deur7b~d u~d sh~ll truty, promptty and fully perform, d~u!?arge, execute, compkte, compty with and abide by esch a~d every the stiputations, ~greemenn, conditioro and coven~~b of e~id p.omissory note and of ~his Mortgage, then this Mongage and the Estate hereby created shall cease and be null and void. IT IS UNDERSi00D that ~he word ••Mortg~gor•• whether in the si~gular w ptu.d ~nywhcre in Mif Mwtgage, shall b~ sinyulu if on~ oely ~nd shall be plural jointly ~nd sevenlly if more than one. ~nd that the wotd "the'a" •t used anywhere in this Mwt9aye shall be t~ken to me~n "his; •••htn; or "ib;' wherever the conte:~ w impties w admits. Also, that wherever the~e is a reference in the covenaots ~nd s~recmenri herein contain~d to any of ~A the psrties hereto, the same ahatl be consnued to mean at well ai the heirs, {eyal rspresentative~, sutussors and ~ssigns (either voluntary by act of th~ parties or involun?sry by opKStan of ths law) of fhe same and that the covenanri F~erein conta~ned shaU b~nd and the ber+efits and advsntapq irnx~ ' to the respective hein, legal representat~vcs, successors and ass~yro of tM part~es hereto. - And ssid Mwrgsgors, fw themselves and +F+eir hefrs, !egal rep~eseMatives, successors and ~uigns, hereby jointly and severally covenant ~nd ay~et ro md with the ssid MORTGAGEE, its svccessws and assigns: ~ 1. To pay all and sirgula~ the principal and inrerest snd the wrious and tundry wmi of money psy~bk by virt,re of said pomissory ~ote, and this - mortgs~e, e~ch ~nd every, promp~ty on the day~ rapedively fhe same sev~~ally become d~e. 2. To pay sll and s~npul~? the taxes, asussme~ts, levies, liabilities, oblig+tions and e~cumbrancn of every n~turt ~nd kind now on said desvib~d property, a that hereafter may be impo~ed, suffered, p:~ced, levied, ar suessed 1Fiereon, a that hereafter may b~ kvied w atHSS~d vpon Mis Maq- afle, or the indebtedness tecured hereby, each and erery, when dus ~nd p~yable, xcordirg to law. befwe they becane delinquent, and b~fw~ u~y int~r~st arraches a a~y pe~aHy is inc~rred; AND INSOFAR AS ANY iNEREOF IS OF RKORD THE SAME SHALL 6E PROMYiIY SATISFIED AND O~SCHARGEO Of RECORD ANO THE ORIGt13Al OFi1C1AL DOCUMENT ISUCH A5. FOR INSTANCE, iHE TAX RECEIPT OR THE SATISfACTION PAPER OfFICIAIIY ENDORSED OR CERTIfIEO) SHALL OE VLACEO IN THE HANDS Of SAID MORiGAGEE WIiHIN TEN UAYS NEXT AFTER PAYMENT; ~nd i~ tF?e event that ~ny thereof is not pa~d, sa~"sfied and discharged sa'd MORTGAGEf may et any tme pay the ieme w a~y part thereof without waivirg or af(ectinp any opfion, lien, pvify p •~:;ht under w by virtue of this mo~tgage and the full amount o( escF~ and every such payment shall be immediately dve and paysbk and thall btar infereit f ~ ~rom ~he date ~hereoF ~ntil pafd at rare of nlne per cent~rn pe• annum •nd together w~eh such interest shall be secured by the lien of th:• morgtaye.