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HomeMy WebLinkAbout0976 ~ i tor va!ue reEervco. we w c.,,,~. v. - FORT PIERCE a~ fOrt P~rrce, F{a~d+. ~he su~ of s _ wiih~interest from date at ~ix rate of `Ye pa annum, in tbly instdl- ~~ents ea fo!!ows: on ~he ~ day of 9T_ and ~ like sum on the c respond~np day of each onth lherr ~tter untit the w1 !e tx fully pa.d. 1~ ~ Each ~nsr Imrnt first shalt be app~i in payment of ~he interest and thc on the unpaid balante of the p~ ipal sum. If defsult i m+de in the Faymrnt of any instaiimem whan due, and uch driault coni~nues 30 deys, lhen t the oplion of the holder, and wi out any otlxa notice, all the rem~inin9 ~~~s!attments sha' be due and payable at . Pr~vilege is g~ren to prepay this te in whole w in part at any tim withouf penalty. Neit facbear~rKe, ! nor acceptance y ~he Fiolder lhereof affe~ ny deTault in ariy paymeots hereon, hsll be deemed extension. A late aymeM tharpe of s shalt b~ added to each ~n~tallment remair+ing unpa; 7 days ailer ~ts due date, and a~~ sum aha11 be added to Ncfi such nsUl~ment feMatnin~ unp 7 d~yf sfter each succeedt payment data - - - - - - - - Each kar, surery and endo?+ea rcof, ~ointly and uve?alty, waivea cmand, p.euntment protest and ~o ~ce of protest fd nonp+y t, ~ed fvnher agrees to any eatans~on of ~ime of payme , e~~her before or afte~ maturity, wi t notKe to any of us; and t psy atl cous of coltect includirq a i reasonable at ney's fee i~ ~i~e event of ny defau~t hereu~der, and ht~eby everslly w~ives a!1 benelit of tead and esemplion ~ the constitutan and laws of ach Sra~e of the Un~ted S?a s, as aga~nst this abt~gation or any exte~sion a renew~l he?eof. W~t s~he hand and xal of eac partv. _ - cs~?u . e . ~ - cs~?u • ~ ts~+u ~ cs~?u L State Rev ue • (S?amps ncelled on aiginal note) NOW, THEREFORE, fhe MORTGAGOR fp the purpose of seturing payment of said sum of s2~ ~ b~~ . ~nd the pe?form~ncs of tlw covenanrs and agreements hereina(ter expressed, and io? d+vers good and v~lu~ble conside~ations, by the~ present~, does yrant, bar9ain, sell, re:niss, release, convey srd con(irm unto thc MORTGAGEE, its ~uccessors and auigns, all thpt ctrta~n lot, piece w pucel of land, sifuatt, lyirg, and beirg in fh~ Counry of ~ 5t . 1-t1C lA ~nd State of ftwida, dacr~bed ~s follows: T Ot9 16 3c 17 west Z of lo* ~i ~cU pi V~'R~l,L~ yACI?T :,i.LB ""?'ti`~~°, t:`:~T according to the rlat thereof o:~ fi~L in ''la* 3ook b, "age ~~0, nublie rpc~rds o° St. Iuc:e :;our.*y, :`~c~^i3a. . a~reement o~ ~•`ort~d~;or ~r:d ~'orf~agee on file ~?zth ".ort~~~;ea, the ~~+i tnir. m~rt~aSe ~ecures not on? y ar_ ~x~s Lir.g ir.c3e':tedri~ss, '~~:t a:sc 1!;;'1'1'!~i;; to ne I~:uR~- ^ 4,T~R made !~y `~'ort,~agee te ~ort^a~or, t!:e ag~r~?~te - which wi21 equal tne rrinciral aMOUn~ specified ~n thQ ~ro•r.issorv !:ct~ secure3 ~.ere~~. ~ . . . . . . q~~yQp ~--5 4 IN PAY1AEiff OF TAXES ^ L~ ! D~JE QN CIASS 'C INTANGIBLE PET~"(TH~I PROPERiY, S-TA~-E ~Jr - ~OCUMEN STAMP r:, ~ ~ ~t:gsuarrr ro cl~~ • C• ~t ~sa. ~;rs ~ c~ri_ TARY ~ •:.~4_------= ~ , h,ri;Eii POIIRA:; ° UEPS ~~G iIEVEhUE r! r r~ f E~~~ 3~. 4 O ~ CLF~!( CIRCWT OOURT~ L11~IE~ ~GG .~.u.3i~~1 ~~7:[`• , c~ - P8. ~ ~ :tt•i2 0 , ~ rogethtr with atl and sing~lar tfie te~ements, hered"etsments and appurtsnces thereunto belw~ginp w in ~nywise ~ppertaininp tF~ereto, sed afl renb, iuws, proceeds and profits acc.uing and to sccrue from said prem~se~, afl of which are ind~rded in the ~bove ard fo~~QoioQ descripfion ind Mbendum. TO HAVE AND TQ HOID the above desc.~bed and gunted prcmises unto the said AAORTGAGEE, ifs svtceswrs and ~~igns forever. Md th~ saW ~ MORTGAGOR or - h 1~------ heirs, executors, adminisnatas and iu" ns, her I { ,g eby cov~nsnts with ths said MORTGAGEE. its waeuws ~nd usfpns, tF?at ~'2 1=- - IawfuNy se;zed of the said premises in fee •imple: that tht ssm~ are free, clear ~r~d distMr~ed itom ~II liem and er~v~ ~ brances tn law o~ in equ:ry, snd ~hst he w~ll and Q hein shall warrant and defend tM title to tM sam~ to tM sald ~ MORiGAGEE, its s~ccessws and auigns, faever ~gainst the lawful claims and demands of ~II persaa; PROVIDED, ALWAYS that if the N10RTGAGOR shsll p~y ~nto the MORTGAC~EE the promissory rate herei~btfort desaibed and shsU tn?ly, promptly s~d fulty pertorm. d~schsrge, execute, complete, comply with snd abide by each and every tFw stipul~tro~s. syreeme~ts, condiYaro and tovenant~ of said promisswy note snd of this Mortgage, then this Mortg~ge and the Estate fiereby uested shslt teas~ and b~ null ~nd roid. rO ; IT IS UNDERSTOOD that the wad "Mortgsgor" whether in the s~ng~lar or plural ~nywhere in this Abrfya~e, shall bs sinyulu if one or+ly ~nd g~ shall be ptural jointly and sever~lly if more than one, and that ths wad "~heir" as wed ~oywher~ in this Mat9~ye shall be t~ken to me~~ "his,° "Mrs," ~ w"its;' wherever the cw~te:t w implies or admiu. Also, that wherever there is a r~faence ~n rh. corens~n ~nd ~yree~n I~ere~o cona~n.d ro.ny of th~ p~nies hereto, the iame shall be construed ro mean ss wed as fhe heirs, leqa) rtprettntatives, successors ind auipr?s (eitMr vol~x?tary by ~d of the parties w envoluntsry by operatan of tl+e law) of the same and thar the covenants i~erein contained shall bind a+d tke benefits a~d advantpq tnvt~ to the respective heus, lepal repreuntatives, wccessws a~d sis~gni of the parties hereto. And said H4ortgagors. {or themselves and their hein, legal representatives. succestors and auiym, hereby joiMly ai+J ~everally cov~nt and pr~t ~ fo and wirh the uid MORTGAGEE, its s~ccessors ~nd assigrts: _ 1. 1o pay dl and siryular the princ~psl and iotaest ~nd t1~e v~rious snd sundry sums of money payabls by v'utue of said promiuory nott, and thu mortyage, each and every, promptly o~ the dap respectively the ssme qverally becort~e du~. 2. To p~y all and s~r?gvlar the taxes, ~ssessmenh, levies, liabili~ies, obligations u+d encumbrancss of svery natw~ H+d kird now on faid d~suib~d properrY, q that Mereafrer nuy be ;mposed, suffned, pt~ced. levied, w ~uessed thercw~, p that hereafie~ m~y be levied p ~ssessed epw~ t1~it Nlorf¢ +ye, a the indebtedn~u secured hersby, exh and every, when due u+d payable, ~ccadinp ro law, befor~ thay becom~ detinquent, and be~on arryr intsrest attsches or sny penafty is inturred; ANO fNSOFAR AS ANY iHEREOF IS OF RECORO TNE SAME SHAII ~ 6E PROMPTIY SATISfIED ANO OISCHARGED Of RECORD ANO TME ORIGtNAt OFFICIAI OOCUMENT ISUCH AS, fOR INS~ANCE, TNE TAX RECEIPT OR TNE SATISFAC710N PMER OFFICIAIIY ENDORSED OR CERTIFIE~3 SHAII sE PIACEQ IN THE HANDS Of SAID MORTCsAGEE W~iHIN TEN OAYS NEXT AfTfR ?AYMFNT; and in ~he event tMt any tFMnof a not pa~d, sst'sfied and diuharged sa'd MORTGAGEE m~y at arty time pay fhe same or any part t!?ereof witho~t w~ivirg w ~tfectirg ~ny option, lien, eqoity or •tpht under o~ by rirtue of th~s morigage and rhe full amount of each and eve+y such payment sMll be immed~ately due •nd p~y~bl~ and sMlt 6~tsr intrrqt ~.om the dare th~~eof untif pa~d ~t rate ol n,ne per cenrvm per annvm and toqefher w~~b such interest shall be secwed by the lien of th'~ magtsye. . , . . . .~,~z~,