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HomeMy WebLinkAbout0879 . ~ ~ ; ~ ~ FORT PIERCE at Fw~ P~erce. Flor~di, th~e ~vm of s_.____, w~rh tn~erest Irom dde tl ~M at~ of `7i p~t +ru+wn. ~e rna+tmY mswi~ menrs as fot!ows: i on the day o~ - 19 aod • lib ~um on tM co~r~spoed7np d~y of ~ach manth tMr~- r efter un1i1 the whole be fufiy pa~d, 3 E+ch ~nstslimcnt (irst shail be appGed. in p~yment of tha interoft ~nd then on tM unpa~d babnu of 1M princ~l svm. Ii d~fwN is m+d~ 1e 1M ~ ~~ayment of any insta~tment when due, a~+d such defavlt co+uinues 90 days, then at tM op1'rx~ ol Ih~ ho?der, u~d withaK ~ny o1Mr notite, ~11 tM rtm~inin~ ~ :,,sr~ilrr~ts shall be due and pay~bl~ it once. P.cvileQ~ if pivcn to pr~paY this rat~ M whole or in put ~t ~ny time wNhout {»e+ItY. N~ithsr fonbeatancs, nor acceptante by Ihe holder tM~eof after any defaulr in anY p~Ymentt hereon. sh~ll b~ de~+++ed ~xte~tion. A lat~ paymtN chsrq~ of = - shall b~ ~ added to ~~cfi instalim~nt remsininp unpa~d 7 d~ys ~ft~r ib dw dat~, and • liks sum ahall b~'~dd~d to t+eh wch Instdlmtnt r~maininp unpaid 7 dqrs ~htr each sutteed'+nq psyment date. Euh en~~er, +ure~y ~nd endorser he~eof, join~ty uid s~vsr~lly; w~ir~s demu+d. pasentmeM proeast a~d ratice o( p~ots~1 iw nonpaymtr?f, +~d furthtr a3rees ro+ny extenswr~ of time of p~yrr~enl, eifher betor~ or after nuturity, without no~Ke to any of us; and to pay ~ll tosb of oollMio~, ind++dl~p • reasonabk s~torney's (ee ia ~he eveM oI any dei~utt hereundet, ~nd her~by swerally waivq all bsnefit of homest~ad ~nd exemption undtt 1M torolitution +~~d laws of each Srats of tF~R lJnifCd S1~IN, as ~y~inst this oblpation a any eY~~niio~ or ren~w~l her~of. W'rtness e~ Fund and ..e1 0~ e~ie ~Srh• . ~W ~ . (5~?L~ 3 . . • ~U ; (SEAI) ? - ) Stare Revenw i iSismps cu~called a+ w~qinal nofe) r NOW. THEREfORE, the MORTGAGOR for ~he purpos~ of aecv~ie~ payne~nt of a~ld swn of ~ 10 ~ ~OO ~ OQ and t1y p~rfwm~nc~ of th~ t covenaNS and agreements Mreina(ter expressed. ~nd fw divtn ~ood and v~lwbl~ coruidaatioro, bp these p~esMts, dots prant, b~rpaM, sell. rtmiM, reiease. coev~y aad co~f~ra? unto the MORTGAGEE, it~ ~ucceaaon ~nd asai9ns, all th~t qrtain lof. Pieu or puul of land, tituatt, IYinp, ~nd beirg In 1!w County of St l~r_ i a , u~d St~t~ of Fbrid~, d~xtibed ~s folbws: I ,i i Lot 15, Rlock 3~ CORAL COVE BEACH SECTI~)~' O.YE, accordinq to the Plat. I thereof as recorded in Plat Book 11, pages 30A and 30B, of the Public Recards of St. Lucie, Florida. ~ ~ ~ By agree~ent~pf Mort~agor an~ Mortgagee on f-ile with Mortgagee, the within mortgage secures not ~ only an existing indebtedness, but also ADVA~VCES to be HEREAF2ER madQ by ~~lottayee to tiiortgagor the ~ a99regate of which wiil equal the principal amount specifiecf in the pYOmissary note secured :~eteby. ' ~-r,~,-i-~ c~r F L J i:~ I " GUt~JIAEN'ARY _ ST A. t~! P':: II~EI~ ~ IyNf~~ R 1!~ c~ fO i~i.f':•. ;.F HcYENUE~ - i ~ OM CIASS ~17 INTAM6IN~ ~ I O O 1 T° ~`rorr ~ ~ ~ rr.:;1 ; •77 ~ orraia .Gt~ • r' `D P8 ( CMGMj ~T~ 1~. I/KK ~s ~ "~t ~ af~ rogerher with sil and •ing~lsr the tenements. Mreditamenn and ~ppurt+nca tFiereumo b~lorgieg a M anyw'u~ app~A~inirq 1Mrtb, and dl ~u?ts, fuves, c,roceeds ~nd profin accruinQ snd to +ccrve irom said pr~misa, sll of which ue induded i~ tM ~bov~ and fa~pokp dacription ~nd habendui~. TO HAVE AND TO HOI~ the •bo+n desuibed ~nd yr~nted premi~ unto tM said MOR~GAGEE, its wa~swn ad asswm foraw+- Ard tl++ ~+id ~~tORTGAGOR f~ he~n, execvton, administr~ton +nd ~isipra, hereby covenanb with th~ said MORTGAGfE, ih svopsson and ~ssipex, ~-prLh.~iY----- rhat I~wfully se~zed of the uid prem~ks in fe~ simpte; th~t tlw sarrw are irM, cka~ and dischary~d iran all If~na and ~ncw~r Lrences in law or ii+ eqvity, and tMt _t hQ}t will and t ha i r Min shall wura~t and deftnd the titl~ to tM sam~ to th~ s~id ~~!ORTGAGEE, i?a ~uccessora ~nd auiyns, 4orsvcr peirot tM lawful claims snd demu~dt of ~i) perwro; PROVIDED, ALWAYS thrl if th~ MORTGAGOR shall pay vnro tlw NIORIGAGEf tl+~ pranuswy not~ her~inbefon dticrib~d and shdl ttuly, prompfly end fvlly perfwm. disclwroe. e:ecw~, conwbr~, comply w~~i~ e~ ab~de by rsch er~d evrry slse ssipu'•stiasst, ssraarrants, ce.-~tiorst and cw~.wnts of wid - From~ssory not~ and oi ~his Mat9sqe, t1~cn tf?is MwtQsy~ and the 6tai~ Afrlby GN/efJ iFf~ll tl~f! and bf n~ll and wid. T ~ IT IS UNOERSTOOQ that tl+e word "Nbrty~" whether in tM sinpuf~t or p1w~1 anywMr~ in Mis Mortpapir, shall b~ sinpular if on~ only ~nd ~;r~ .t~a!I bt plural jointly ~nd feverally if mw~ Ih~n oM. ~nd that tM word "thev" ~s used anywMr~ in tha Morfpp~ shall be t~k~n fo mtan •'his,•• "Mtt,•• u":~s." w!x+evcr tht toMext s~ 3.::~`::ts er :3.r.::t. A:w. Itai wt..r~.~cr iher. a a ~.f...nc.. ~n rne cwsn+nK and pr.en+.nn h...in oom•in.d ro.ny of rh. ~n:~ !.~.r!Q. !hs ussx s,~a:! ~se ta-utr::ed fo rr.ean as wdt as th~ heirs. i~9ai ~preia?urivea, wassson ~+d us+yro LeitMr volunury by sct of th~ ~er~ies os 3avolvmuy by opQSatiwn o( ~he lew) a( the s~me and that fM covnann her~in cona~ned shaU bind and rhe b.Mfia and advanrayu a~w~ ~o rhe re~p~ctive he'vf, legal r~presentarivea. ~uccessors a+d ass°pin oi th~ psr~ies hsrtta And s~id Mwtya~ors, fq themselves ~nd their 1win, leyal reprsse~t~tives, urcc~sson and ~ssgns. 1+ereby jourtiy ~ed s~vN~fly cov~nant ud prN y'~ ro and with tF+~ ssid MORTGAGEE, ib wccniors and auiyro: ~ 1. 1o p~y alt a~d sinp„tar ~M pr~ncipal snd inte.est and fhs wriovs and iundry wrra of eaiwY paYabl~ by virtw of wid prom~uay ratt, and thi~ mor+yepe, each ~r~d ~v~ry, promptly on the dayt rsspectivsty t!» sam~ sw~r~~{y bacom~ due. ~ . 2. To p~y all ~+d sinpvla~ the raxa, asustrtMnN. b.ia. ti~Wlitia. obliy~tiw~s a~d ~acvmbr~nas af wtry nstur~ ~nd kind now an sid d~wib~d ~ prope+h. « tMt he~~ahN may b~ impoaA, suffad. Pbc~d. Iwi~d, a nwss~d thereo~. or th+t Fw~~hN may be Iwi~d a~sas~d ~pon tM~ Mort~ sge, a tfw indeb~edneu secvred l+ereby. e.ch ~nd ~v~ry, wMn dw md p~ysbf~, aaadinp ro law, befw~ tMy becane delkq~um, and b~fa~ any fntK~st a'taches o? ~ny penalty is incurred; ANO INSOFAR AS ANY THEREO~ IS OF RKORD 7NE SAME SMAII dE PROMPTtM SATlSf1Ep ANO DISCHARGED OF _ RECOAO AND TME OR{GINAI OfFIC1A1 ~OtUMEN1 (SUCM AS, FOR INSTANCE, THE TAX RKEIPI OR TME SAT15fACTION P/1PER OffICIAILY ENOORSED OR CERTIFIED) SNALL SF PlACEO IN 1HE HANDS Of SAID MORTGAGEE WITNIN TEN OAYS NEX[ AFTER VAYMENT~ and in tfi~ ~wnt ?Mt ~ny thtnoi ii no~ ps~d, uCdi~d and discharq~d s~:d MORTGAGEE rrNy at any Yane p~y tM sam~ a any p~H Ihereoi without waivinp w affectirg ~ny option. Iten, puih or •~qM ~nder or by virtue of thia r~or~yagc a.~d ~he fvll ~movnt of escfi and every wch payment ~hati bt imntdi~~ely dve ~nd p~y~bl~ ~nd ihall b~ar interqt ~ ~.om rhe d~+e ~hereo( unril ~a~d ir rare of n;ne per cemum p~r annum and ~opether w~~A such inrerNf shall b~ secwed bv the lien ei rh~. .~.e.R~,~..