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HomeMy WebLinkAbout0257 ~ tor wtue recervru. _ _ fGRI PIERCE at Fat P~erce, FIor~J~, ~he s~m _ _ _ wnh ~mrref~ Irom d~te at the r~te per e~~~w~,., . ~~r~~s aa fo{'ows: S__-.___ on ~ d~y of 19. snd ~ tike ?um the cwrespona~np day o ach momh there- a~trr until the whote be tully F~a~d, _ i Eath miral6nent first shall app6rd ~n parm~nr of rhe ' erest and then on the vnpald bsla o( the p~inc:p~l sum, li~def~ult is made in ths . i eimrnt cf any insta::enent whan ue. a~d wch defeu~! co~vin a 30 days, fhen at ~he opAOn of ~he l~r, and wi~hout any otFyRt notice, all tF?~ ~emaininy .~.srallmrnts sha~~ be due and p ab:e at once. Pnv~!ege is en to prepay Ihis ~ote in whote or i r/ N any fime without oaSd~y. Neifh~r fwtbtaru~ce, ~~or atteptente by ~he hold ~hercof after any defeuit i ny payments hereon, shell be deem eatena+on. A lste paymr~,tharge of s_ sMll be r;lded to cath i~stallmen ema~ning unpaid. 7 days a4 its due date, and a Gke sum ahall added to e+th suth iotuUmlot t~rc~ir.ing uopakl 7 dayf ~fter rach succeed~ng parn date. ~ i Euh makei, re~Y a~ed cndorser hereof, ' m~ly and teverally, wa~vef demsnd esentmem protesr end nor~cybt p~oteit for nonpaymenf, and further e~rees to any ex~ uon ol t7..~e of pa~ment, e~ r befrns or efter mawnty, withouf orice to •ny of us; snd to y ~II coits of coll~ct~oo, includinq a :-~asonable an ey's fre in the even! of an defautt here~ncier, and hereby sev ally waivK ali benefit of ho tesd u~d eaer?~ption undtt the cautitufion .>:~d Isws of h Srate of ~he Un~trd S+ere , as aga~nst ehis obl~ga~ion or any tension or renswa) hereof. Wi s~ ~he hand a~d seat of e per?y. . (SFaU (Se/?q = (SEAI) (SfAl1 ( - ) State Revenue (S~amps uncelled on oriyinal noee) NO~hI, TMEREFORE, the MORTGAGOR fw +he purpose of tecv~ing payment of •a~d sum of S~2a 5~ snd tf+~ pe?farmanc~ of tM cove~ants snd ayreements 1xre~nafrer cxpresied, and fo~ d~yers good and v~luebl~ cons'rderst;un, by tl+e~ presenfs, does gr+nt, baryiin, sell, remise, -~•~eax, convsy and confirm unto the MORTGAGEE, its •ucce:wrs •nd ass~gni, all that ccrtain lot, piect a pucel of land, titwte, lyirg, ~od beirg in fi+s County oF ~ St - I.L3.P _ - and Stat~ of Ftorida, dew~bed ~s follows: Lot 1~ and East I/2 of I.ut 1? , Block 2~, FORT PIr.RCE BEACH SUBDIVISIOI~ according to the ~lat thereof recorded. in Plat Book pa~;e S8 of the public records of St. Lucie Coun~y, r'lorida. . ~ STATE t;~ ~~G~;~E - r-= ~ N . ~ ST~T~ ~-L~.~~;L, t; 1 t?CICUMENTAR~ :.z STAW;P Il+a IpOCUMEiVTARYsR-° $TAMY '!.t ~ c-' =i'~ Gf itE?ENtlE - ~ z.- ry - . ~,y~ •Z DE?T. ftEYE!VU£ ~E'=."~~ I ~~`-,'z ~ = PB_ ' Ki., ..'I i l+~,~,~'~'~^i ~~7 O. O O'- Pg _:tA;t 1!'l7 i'~~a`=`,~ i ~ - _ ~ o. ~ o ~ " ~ I _ ~~~~z ~ _ 1 By agreemenL of Mortgagor and Aiortga~ee on file with Nortgagee, the witr3n mortgage secures not only an existing indebtedness, but also ADFVAtJCES • to be HEREAFTER made by Mort~agee to ;~fort~agor the aggre~a~e af ~hich xi11 equal the ~rincipal arnoiint specified in the pro:n.issory note secured r~~reby. _ R~Erym IN PiArAKl~ti Of TAXtS ; -T,~~-~- ~ ~ ~ ~ ~ : ~ I i ; 1 cuE on a~ss ~c u~r~sie~ ~t~ P?o~~a~r, ~~.~~r ~ h~ ~ n a y.,. S IA M P r~: . S r,es:,~~r To aurr~a ~i•i~. ~crs a ~y~,. ~-G~~ _~~"~'"~f t'~YEVliE . f~~ , ' ~ ~tf~ PQR~GS ~1.~ p ~ . . . = ~ 2 3. 7 5 ! c~c cwa~r couRt, st. ~,c~ oo,, g-'- _ 1 +cgether w~th ~It snd singuiar the tentmenrs, herediramentt and ippv.tsntes thereunto be{onginy a in anywise appertaininy thereto. ~nd all r~ntt, issws, v~oceeds and profits icuuing and to accrue from said premise~, atl of which are included in the ~bove and faegoing description and h~bendum. TO HAVE AND i0 HOtO the above described and 9ranted premises unto ths taid AhORTGAGEE, i~s sucusson and ssiiyns fw~v~r. Md tM said their v'.ORTGAGOR (or hein, executws, adminisiratws an.~ aitig~s, hcreby tove~snh with the s~id MORiGAGfE, ib ~uccessors ~nd astiqns, the* are ~hat Iswfully seiied of the said premises ;n fee su++ple; that th~ same are frae, ckar uid d'ruhar9ed f~om ~I{ liens and N+cum~ o~entes in law a in equity, snd that ~~y wil! and their ~ heirr sl~a11 wur~nl ~nd def~nd the tit4e b th~ sam~ to tFw Nid !~"OR~GAGEE, its successors ~nd assgns, forever ~gainst the lawiul claims and dcmandf of all perions; PROVIDED, AlWAYS that if ~he MORTGAGOR shall pay v~to the MORTGAGEE tF?e promiuory note hertinbefore described ~nd sh~ll truty, promptly and fulty pcrfwm, d~xha~ge, e¦ecute, complete, comply wi~h ~nd abide by each and every the aipul~rions, apreemena, cond;tio~s and covsnanb of aid prom~isory note •nd o! this Mortq~ge, then this AAatgage ~nd the Es~ate hereby ve~ted ih+ll ceast snd be null ~nd void. IT IS UNDERSTOOp thaf the word ••Mortgagw•• whether in the t~rgular a plu~al anywl~ere in this Mat9aye, ihall be tinpulat if on~ only and ~c. • sn~Il be pluret joimly ~od severally if more th~n onc, and that the word "their" ~s used ~nywhere in tbis Morr9sge shail be qken to iritan "hia:• •'ht»;• or "its," whe~ever the context w impl~es or admits_ Also, thet whercver thcre is a reference in the tovenanti ar?d a9r~emenri herti~ wntain~d to ~Mr of +he partiea hereto, t1~e same shall be cons~rued to mean as welt ss tFw heira, {e9al r~presentativp, sutcessort and ~uipns (either wlunNry by act of IM parties or involu~ury by opera~io~ of fhe Ir«~ of rhe same and thar ~he corenanti he~ein contained shall bind ~nd the b~nefits aod ~dvantayes inwe - ro the respedive heirs, Icgal representat~ves, succeswrs a~d a~ryns of the parties hereto. And said Mortgs9on, fw themul~es and their heirs, legsl represent~tives, successas and ~ui9n~, heteby joinlly and itvtrdly toveMnf ~nd ayr~e +o and with the uid MORTGAGEE, its ivccessors and sssigns: ~ 1. To psy +11 ~nd ~inyuiar ine principat and tnrerest and the varfo,n and iu,ulry wms of mon:y pay~bk by virtw of s~id promiuory ~eote, ~nd thia mortpsye, ~ach and avery, promptly a? t1+e days ~especrively the sarrw uwr~liy bacome dw. 4. To psy alt and ~~ngvl~r the t~xes, asusimems, levies, lisbilit~es, oblig~fwu and encumbrancn of every natw~ ~nd ki~d now on said dnuib~d ~ propsrty, or that here~fter may be impored, wNered, piaced, levied, a sssessed thereon, or that 1+ereaf~e? may bs levied p~s~essed ~pp~ this lYlprtQ. ~ sge, a fhe indebtedness secured hereby, exh and avcry, when due ~nd payable, ~ccordirg ro law, beiore they becarK delinqvem, ~nd b~fae ~ny inte~~st a~+aches w any penalty is incurred; AND INSOFAR AS ANV THEREOF IS Of RKORD iHE SAME SHAIt dE VROMPTIY S/ITtSFtED AND DISCFfARGEp Of RECORO AND THE ORIGIfYAI OfflClAl DOCUMENT (SUCH AS, FOR INSiANCE, ~HE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENOORSED OR CERTIf1ED) SHAII 8E PLACED IN iME HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in tM ~vent that ~ny thereof i~ not ~a~d, ~aYStied and discharged ss'd MORTGAGEE may at any time pay the same or any part thereof wirhouf w~iving or si(ecfinp any opiion, lien, equity or •~qhf under or by v~rtue of this mo•~gage a~d the full amovnt o+ each and ever~ such peyment zh~lt be immed~ately due and payable and th~ll bear inter~st ~rpm thr d~te ~hereof unt~l pald at rste o( n~ne per cent~m per annum and together wnh tuch ime~et~ ~hdl be secured by the iien ol th's mo~y~pe.