HomeMy WebLinkAbout0125 Each inssell~nenl firat ~haf pe appl~ed in p~yment of the interetl ~r~tl then on the unpaid balance of ~M p+~nc;pal m. If det~uh is made in tM
parment ol any ~ns?atlmcnr w due. aod such def~ult com~nues 3a day ' then at tha option of tM holdar. ~nd without • aM. nofKe. ~II ths remaMirq
~~s~ailments shail be due •nd yablo st once. Priv~!ep~ is yiven to pr fhis ~ot~ in whol~ w in p~rl at ~ny fime wit t PfMlfy. IJtitltK fOl~bNtifK~,
nw accep~a~ce by ths holder F~sreof a(~er •ny def~ult in ~nY paYmenf~ reo~. shall b~ dcemed ~xt~ruion. A la~~ p~y nt char~ of S ~hall b~
edded to each ~n~~atlment r ai~;ny unpa;d 7 days aher in dw d~t~, nd • lik~ wm sMll b~ added to each ~vch instd t rKnainFnp uopaid 7 yi aft~?
Nth sutceeding paymem te.
Each make~, wrety r,d endwsen c~reo/, jo;ntly ~nd severally waires demand. presentmenl prol~st and no~ice protesf fw nonpaymen and fu~tMr
agrees ro any eatension o ~~rr.e of payment, eirhe. befort or af~er ~urity, without notice to any of us; and fo pa all cofts of colkct' includ~np ~
reasonab:e atrwney's fee rn the aven~ of eny defaul~ hereunder, • hereby ~averally'wsives •11 benelit of hortKSte and exemption ~ndtr constifotiotl
and lews of exh Srats o the Un~ted STates, a~ ay~~~at ~his oblpa p any eatens~a+ w renewal Mr~of.
Witne:~ rhe hand s.~d ssal o( each party.
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NO'+V, THEREFORE, 1hs MORTGAGOR for tM pvtposa of secvrinp psyment of ~aid sum oI s 20~~~•~ , ~nd fl+~ pe?fwmanu of tir
covenams ~nd sqreerun~~ here~na(rer e:pre~sed, and }o~ divers yood and v~lwbl~ considaatio~a, by tlws~ prosenri. does q~ant, barpain, aell, nmise,
release, convey ~nd confirm unro the MORTGAGEE, iri wttessors u+d aaiym, alktMt teruin lot. p(~q ot parql pf land, titwtt. lyug. and btinp M th~
Couny of - $t.. T+11C ~8 , and Sut~ of Flwid~, dewib~d ~s fdlows:
Lot 20, Block 6, SOUTHERN P~1SS SUHDMSION, according to the pl,at thereof on file in
Plat Book 9, on page 66, public recorda of St. Lucie Cowzty, Florida.
Bq agreeaent of Mortgagor and Mortgagee on file xith Mortgagee,
the ~rithin morLgage secures not m~y an exis~ing ir~debtedness,
bnt also ADVANCffi to be HSRSAFTER made by Mortgagee tio Hortgagor
the aggrBgate of which irill equal the principal amount specified
in the pracissory nate secured hereby.
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~ 4 iN w?r~rt oF T~xEs
~ ` RECEIVED
: STATE F LCJ R I D A 1 nuf on cuSS •c~ ~~*,w.,;retf ~EZ~o'~~ P~n•
o ~ta~. ~s~ le».
' D~CUMEN7ARY:p STA MP T!+ x~ puRSWtiT 70 CiW.
~ N UE~T. :1F KEVE:~tif ~~~`~~y~ ~ I CLERK Clli~l~ CWRT~~ ~
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rogetFier with •II ~nd singul~r the ten~ments. htrtd~tamenb and appurtances tMreunto bdaginp a fn anywis~ ~pperfain&q thet~to, and dl r~nn, iswea,
prot!!df ~nd profin auving and to accrw f?om said prem~ses, sll of whid~ ue irKlud~d in the abov~ and forpoirg de~criptan and habendum.
TO HAVE AND TO HOID the above dew~bed ~nd Qr~nted p.emises unto t!M ~aid MORTGAGEE, its auasaon ~nd sssipns forsvu, Md th~ aafd •
MORTGAGOR for - i~ I~eirs, ~xecuton, administratws ~nd ~aiyns, her~by oown~nts with tt» said MORTGAGEE, in wa~sson ~nd ~~siyns,
rhar i~~~------ Iawfutly se~zed oi tM ~aid prem~ses in fee simpl~; flNt th~ same ue fr~t, ckar ~nd d'ach~r~d from ~11 (i~ns aed ~ncue?~
brences in law or in eqviry, and that it will ~nd it3 heirs sh~ll warram ~nd defsnd tM titl~ w th~ ~ to tM wW
.'NORTGAGEE, irs successors and assi9ro, forwer apains~ t!w lawful daims ~nd demu+ds of a11 pNSOns; x
~ PROVIQE~, ALWAYS thst if the MORTGAGOR shsll p~y unro the MORTGAGEE the promiuwy npt~ hst~inb~fat describ~d and th~ll t?uly, promptlp ;
and fuli
~ Y P~fam, d~xhar~, execure, compiete, compty with and ~bid~ by each ~nd every tM stipulatans, apr~mnts, conditipy and oov~eb of said
~ promissory no~e and of this Mortg~qe, then this Nbrt9p~ and /M E~tat~ her~by aeat~d ahall oeaN and b~ n~ll and void.
~ Y. . IT IS UNDERSTOOD that tM w~d "Morry~gw" wMthe~ in the sinpul~r w plwal ~nywMn in fhis Mwt9~p~, shall b~ tinpul~r if one only ~nd
~ ' ihall be plur~l jointly snd sever~Ily if more tMn ons. ~nd tMt tFw wwd "their" af used ~nywhen in this Mort~aQ~ sh~ll bt t~ken ro m~an •'his,•• "h~n••
~ ~o. "in," wherever the context so impGes or ~dmits. Also, that wMrw~r IFIN~ h a r.f.renc. in rhe cov.n.nn and p...men~ he?ein oonr.ir+sd ro.nr of
he parties hcreto, the s+m~ ahall be construed to me~n ~s wetl n th~ hein. {e9d npr~sent~tives, sva~sson ~nd auipru (sither voluntuy by act of th~
art~es a involuneary by oper~t~on of the law) oi tF~e sam~ and that the cov~nann her~in cont~insd shall bind and rh. ben.fin .nd adv.ntap.~ inw.
~ o the respective hein, kyd reprssentatives. wcteaswi and au°pnf of tFw partit~ htrNo. '
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Md uid AAortgagors, fw themselv~s and their Mirs, le~al repse~entatives, wcusson and usiyrq, h~r~by joint~y and sw~r~llp cov~nani u~d prK =
'.~e ro ~nd with the said MORTGAGEE, ib ~uccessors ~nd atsiyro:
1. To pay all and sinpulu the principal and interea u+d th~ wrian ~nd iundry wms of mor~eY psYable by virtw of taid promiuwy not~, and tF~i~
morr~aqe, e~ch and every, promptly on t1~e d~ys rtspedively tht saria awtra{ly bscorn~ dw.
~ 2. To pay all ~nd sinqul~r the taxes, as~esar~enn. Iwies, liabili~ies, obliy~tian and mcwnb.anca ef tvery nature and kind now on s~;d datribd
~',property, a that hereaftN may b~ ~mpos~d. ~vHer~d, pt~ced. Iwied, a ~~eswd tha~on, or that Mreaft~r may b~ Iw;~d or ptea~d upon tF~ Morf~ ~
'~ge, a ~M indebredneu ~ecund he+eby. ~ach and erery, wMn dw ~nd par~bb. ~ccordir~p b law, btia~ tiNy bsconN d~linqwnt, ~nd b~for~ ~ny intKta~
atreches w•ny penahy ;s intv..ed; AND INSOFAR AS ANY 1HEREOF IS OF RKORO THE SAME SMAII 6E PROAAPTtY SATISf1E0 ANp DtSCH/1RCsEp QP
RE.:ORD AND TME ORIGlNAL OffIC1Al OOCUMENT (SUCH AS, FOR INSTANCf, TNE TAX RECEIPT OR THE SATISfAC?ION PAPER OFFICIAttY EPlOORSfO
OR CERTIFIEO) SHAII dE PLACED IN THE HANDS OF SAIp MORTGAGEE WITNIN TfN OAYS NEXT AAER PAYMENT; ~nd in tM ~wnt th~t aey therwf i~ not '
pa~d, s~Y~fied and d~scF~aryed sa:d MORTGAGEE may at a~y time pay tht samt w~ny p~n thereof without waivinq p aff~ctinp any opfion, lien, ~qvitp or
~~~ht under w by virtue of lhis mortgape and rhe full ~rrwunt of each ~nd evay ~uch payment shd) bt immedi~ttly dvt ~nd p~yabl~ ~nd shall beu infNqt
~~om the dste thereof vnt~l ps~d at rare of nine per cent~m pN ~nnum and toyethe~ w~th such intereft sMtl b~ secured by tF?e lien of th:~ mo?ytpe.
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