HomeMy WebLinkAbout0297 fw va'ue reteived, 1, we o~ e~rMr o! us, prom.u to pay, withoul d~lalcation, to the wder of FIRSi FfDEP.AI SAVINGS ANp IOAN ASSOCIATION Ut
FORT PIERCE at fat P~erce, fbr~da, ~he wm o! t-_~_ w~~h int~ref~ f?om dd~ ~t IM rat~ of ~6 p~r ann~m, in monthly inu~ll-
menis a~ Iol!ows: S_ on 1h~ day of , 19__- and • lik~ sum o~ tFw cwrapond~np day of each month tFwrr
•f1e~ until ~he whole be fully p~.d.
Exh ~m~~ii~r~eot lus~ ~MII be app!~ed ~n nxnt of th~ Inte.est ~nd then on tM u bai~ncs oi the p?inupal sum. If dehuh Is m~ le 1M
F•a,~rtent of •ny imtailmenf when due, a.~d a def~ul~ com~r,ues 30 dayf, thee at t ron of the holder, and wi+hout ~ny o~he~ not~cs, all tF» iem~ininq
~~.a~aifinent~ sha~l be d~e and payable ~t e. P~iv~I~ge +a y~ven to prep~y this whol~ w in part af ~y lim~ without pb?alty. N~ithN fpeb~a?~nc~,
nw accepta~+ce by r?w.. ho:Jer rhereof te. any defa~lt in ~nY paYme~ts n. sF»II be deerned ~Ytension. A I~te payrt+enl char~ 01 S . ~h~11 be
added w each ~~s?a~~ment rema~n unpa.d 7 d~ys afte~ its due d+tyfnd • like sum shall be ~dded Io e~ch such init~llment r~matninq w+paid 7 d+ys aher
eath wcceed~~g payme~t dar
Exh maker, surety nd endorser her~f, jointly ~nd vcrally, waives demand, p?exntmcnf protest and noti4~~p~ote~t fw nw~payment, and further
egrees to any ea~emwn ~.me oi yay~unt, r~ti~er befor « ahr. maturlty, wirhou~ not,ce to ~ny of us; end_~6 p~y sN cost~ oi colleaion, includ~np •
~e~sonabte atrorne~' ee ~n th~ eYent o( iny dzfau' rcunder, ~nd Mreby severafly w~ives •11 benefit of homestead and exemp~an urxl~r tM co~~titution
a~.d laws of exA are of +he Un~red Sures, aa mst th~s obt~gation w any eatension or re~ewa) iKr~Of.
Witness hand anc! seal of e+ch y.
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; _ ~ Stst~ Revenut
iStemp~ cenc~lled on aiQin~l note)
NOW, THEREFORE, rhe MORTGAGOR fw the pcrrpos• o~ srcurinQ psy~a+t d si:d i:ra+ af Z .~d ~M PNipmanu ot 1h~
:~ve~ant• •nd ay~ccme~*s here~nafter exp~e~sed, and ior d~ver• yood a~d va!vabf~ torwzderat=o+es, by lfie~+s ~.:esent~, does q~~nt, barpain, sell, remiss,
~a:~ase, tonvey •~d confirm unto the NIORTGAGEE, its aucccsswi and assigr,t, :!1 tMt cersa+n k~t, piete w parte! of (~nd, si!yat~, lyir?p, and beinp in tM
Covnty ef _ ~,~yg~A . ~nd Sut~ oi Fbrid~, deuribed a~ fotlows:
eegin at the NE corner of Lot 1, Slock D, Maravilla Estates,
according to the plat thereof on file in Plat Book S, page
77, public records of St. Lucie County Florida, thence run North
68.4 feet, thence run West parellel to the North line of said Lot 1,
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a distance of 157.79 feet, thence run South 68.4 feet, thence r~.~n ti~1• ~
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'i East 157.79 feet to the point of beginning. ~Q~~~~~
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! By agreement of Mortgagor and Mortgagee on 1.b~ y~
~ file with Mortgagee, the within mortgage se- ~
` cures not only an existing indebtedness, but .,-p~~ `~3
~ also ADVANCES to be HEREAFTER made by Mortgagee ~z
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; to Mortgagor the aggregate of which will equal Q~
~ the principa2 amount specifiec3 in the promissor~~
~ note secured hereby.
i rogether w~th atl and sir+gular tM tenements, f~ered~umenq a~d ~ppu~tance~ thereunto b~lonyinp or in anywit~ appert~ininp therero, and •II ~t~ri, iuues.
~ ~.ocerds ~nd profits accn~ing ~nd to xuue from s~id premises, •!1 of which Kt included in tM abov~ a++d fonyoinp dewiption and habendum.
TO HAYE AND TO HOlO the tbove described •nd gr~nted pemises unto tl+e said MORTGAGEE, in s~tte~son ~rd auipm fwwM. Md tlw wld
'~ORTGAGOR fa heirs, e:ecutas, administraton snd ~ui~n~, her~by cwen~nri with tht taid MORTGAGEE, iri wa~ssora and ~aiprr,
rhat lawf„Ily se~:cd oi ~he wid p~em~ses in fee simplr, that th~ ~amt ~r~ fr~e, clear ~nd dixhuped from all lierq and ~ncw~?
~ bra~ces in Isw.or in eqv~ty, and thar hPV «ill and t'hcai r hein ihall wa?rant ~nd dtfend tM titb to th~ sam~ to tM said
s .`.!~R'.rsAGEf. 6:s sa::c~ssass s:~d sss:~r.s. fore:er sgainst ttw lawiui daims ~nd dan~~ of ~It penoro:
~ PROVtDED, AlwAYS that if ~he MORTGAGOR sF~alt p~y unro th~ MORTGAGEE tlw promii~ory rate hersinbefa~ dewib~d ~nd aMll trulY. promptly
e*+d fut~y pertam, d~xha.ge, execu~e, comp:e~e, comply w~rh and ~b~de by each ~nd evay the stiputa~ioru, ~reem~nn, conditia» and coven~nb of s~id
~ ~;rom.ssary no!~ and-of this Mortgaye, then ~his AAortgaye and the Estaf~ h~r~by veated shal~ uas~ and b~ nvll aed void. 'iD
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; IT IS UNDERSTOOD tMt the wwd "M«tgsgor" whether in the tingul~r or plwal ~nywher~ in this INortgapt, ihall b~ ~inpul~r if on~ orely ~nd
4 ~halt be ptural 'p~ntly and s~veratly if more than one. ~nd that the word "thtir" as used anywhtr~ in thh Mort9ap~ sMll be t~ken to mean "hif,•• •'htn;•
i w"irs." whe+ever the comex~ so implies w~dmiq. Also, that whsrever there is a referenc~ i~ the coven~nts a~d ayreemenri htreii+ oo~tai~ed to ~np af
rhe out~es he.~:o. ~Fr u.ns ai~atl be consr•exd ~o ~an as wr11 a~ the l+rir~: lep~l IlQtHMf~tlYtf, svtcesiors and auiyru (either volvntary by att o! tt~
na.r~s o. ~~~a~u~ury F_.y ~pera±~on ~f the !aw! ot tFr_ ss~ne and thar !ht tovenants herein contsined shall binc! aiu! t!~ b~nefits snd advantspss &iw~
~ ro t!x respcct~ve hews, kgal represent~tives, successors and ~u°9ns of the p~nies hsreto.
! And said Mwt9sqws. fo~ ~hemselv~s and rheir hein, lepal ~epresenutiva, successon ~ed auiyn~, htreby jointly and t~vaally cov~n~nt ~nd pree
~ ro and with rhe said MORTGAGfE, in succe~sors and essiynf:
~ 1. io pay all .~,d s~~~i.~ r~ P.~.~c~P.~ and 7nrerest a~d tM wrious ~nd sundry wms of moneY paY~ble by vi?tw of said promiswry not~, and thi~
! mort~~ye, e~ch ~nd every. promptly on tF+e days respedively the iart?e severa_`I~becom~ due.
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~ 4. To pay atl •nd s~ngular tM t~~es, assessmenes, bvies, liabiliries, obliQatiom'snd-encumbranc~s of twry natw~ and kind_.JOw on uid describ~d
p.operty, p tM~ F~re~fier msy be ~mpwed, suf(end, pl~ced, I~vi~d, a asus~~d tMereon, a that her~~fter may b~ Iwi~d a~swswd vpon thb Mat¢
pe, a tM indeb~ed~eu secored hereby, e~cl~ and ev~ry. when dw and payabte, accordinp ro law, b~for~ ~Fiey becan~ d~linqwnt, ~nd befw~ ~ny intKett
at~ec?xs o~ any penalty is incvrred; AND INSOfAR AS ANY TMEREOf IS OF RKORO THE SAME SHAtI aE PROAAPiIY SATISFIED AND OISCHARGED OF
QECORD AND 1ME ORfGINAI OFFICIAI DOCUMENT (SUCH A5, fOR tNSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFfIC1AllY ENOORSED
OR CERTIHED) SHAII SE PtACED IN iHE MANDS Of SAIO MOR(GAGEE WITHIN TEN DAYS NEXT AfTER VAYMENT; and in tM tvtM tMf any thtrwF is nw
p~.d. sar tii~a ano u~xnarqed sa o MGRitsAGEE may al ~ny t~m~ p~y tM ~ame W ~ny p~rt theteol wilhout waiviny w affKti~q any option, lien, puify M
•~phe unde~ a by v~rt;,e ot this morrgage and the f~ll ama,n~ of each and wery such paymeM sh~ll be immed"wtely dw and p~y~bk ~nd shall b~sr i~terttt
••om ~he dare ~hereoi uRtil pa~d n rare of n,ne per centum per ~nnurn ~.d topefher w~~h iuch imereN ~hall b~ secured by the lien o~ th:s morptp~-