HomeMy WebLinkAbout0970 FORT PIERCE at Fort P~srce, fio a, the sum ot i- - - - - - w,"• ~
ments ~s loltows: S o.~ the day of ~ , . 19_- - - and a like sum oo the correspon day of each month there-
affe~ until thc w1w.e be ful pa~d.
Each ~natallment fir shatl be app~ied ~n payrnent af 1he in~ar t and then on the u~p~~d balance of the prinrpal um. If default is made in th~
payment of ~ny instailrr t when due, and such drfault cont~nues days, then et the op1~o~ of Ihe ho~der, and without ny o~her r+otice, all thc remaininy
;nataitments shall be d and peysble at once. P~ivilege i~ give~ 1 prepay Ihis note in whoEe or in part at any tima wi out penalty. NeitFxr forebearA~ce,
rwr acceptants by t holder thereof after any default in any pa nts hereon, shall t,e dermed extension. A late mrnt charge of 3__ shall be
added to esch inst ment remai~~ng unpa~d 7 days efter itt d da1e. and e fike ~um shall kx added ro each ~uch i~allment rem~i~~i~9 unpaid 7 days afler
exh wcceeding yment date.
fach ma , s~lrety and e~doner hereof, joindy and verally, waives c}emand, presentmPnt protest and o~ce of prolest for nonpaymant, and furf er
agrees to tensbn of Gme of paymem, ei~her before after matur7ty, without not~ce to any of us; aod o pay all costs of collection, includi a
reawnable at ney's fee in the event of any detault her nder, snd hereby severally waives eli benei~t oI estead and exemptia+ unde~ the canY tion
and laws af xh Sute of Ihe United States, a~ against t obligation w any exlens~on or renewal hereof.
Wi s the hand and xal of each party.
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State Revenus '
cs ""P' """u`d ' 30 400 .00
NOW, THEREFORE, the MORTGAGOR fa the purpose of securing payment of said surn of i ~ snd the performance of ths
cov~nanri and ay~eeme~ti he~einafter exp~eued, and fw d~vers good end valu~ble con~iderations, by these prese~tf, does grant, bargain, tell, remise,
releas~, convey and confirm unto the MORiGAGEE, iri successors and auig~s, all that certain lot, piece w parcel of land, situate, lyiny, snd being in ths
~~~y ~ ~t . Lueie ~nd State of Florida, desaibed follows:
Lot 1, Block 21, River Park Subdivision, Unit No. 2, as recorded
in Plat Book 10, Page '72 publi.c records of St. Lucie County, ~lorida.
By agreement of Mortgagor and Mortgac~ee on file with the Mortgagee,
the within mortgage secures not only an existing indebtedness, but
also ADVANCfiS to be I~RSAFTSR made by Mortgagee to Mortgagor, the
aggregate o~ which will equal the principal amount specified in
the pro~eissory note secured hereby.
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~ D' D u~ n?n~r of uas
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ST~.T - ~ auE ar a~s ~ ~~u~ie~ ~rsoxµ n~o~~
~ ~ C~r~.::hENTAn - ~ ~ ; ' , . • , P11RSlIAIfi TO CFIAr?cn 71•l~1 ACTS Of 1911.
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_ ~v _ - = _ . ~ CLFfOI CltiCtlR ODURT~ Si. L11CIE 1~,
= a$ d 5. 6 Q
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ts~yethe~ with all and singular the tenements, hereditaments snd appu~tances thereuMO belongirg or in ~nywise appertaining 1F?e?eto, and all renb, iuwf,
p~oceeds and profin xvuing and to acuue from said premises, all of whicfi are included in the above and foreparg dewiptian and hsbertdum.
TO HAVE AND TO F~OID the above desuibed and granted premises unto tF+e said MORTGAGEE, its s~ccessws and +uiyns forever. Md the saW
MOR7GAGOR fa thel I-___ he;?s, executor~, administraton a~d assigns, hereby cwenants with the ssid MORTGAGEE, its s~ccessors and assi~ns,
rhat ~Y°-- I+wfulty u~zed of the iaid premises in fee ~imple; that the ssme are free, clesr ~nd d~scharyed from ~II liens and encum~
° lxanc~s ir~ law a in equ~ry, and thst thev wi11 and their heirs sF~all warrMt and defend the title to the same to the s+fd
MORiGAGEE, in wccessus and ass~gns, fwever sysinst the lawful claims and demands of all persons;
PROVIDEU, ALWAYS that if the MORTGAGOR shall pay unto the MORTGl+GEE the promiswry note he~einbefore desuibed and shall truly, pranptly
a~d fully per/orm, disch+rfle, execute, complete, comply with and abide by esch and every the stipuletions, syrcements, co~ditions and covenanri of said
promwsory note ~nd of this Mort9sye, then this lKortgage and the Estate hereby created sMtl ce~se a~d be null ~nd void. rn
IT !S UNOERS1pOD tMt the word "Morfgagoi' whether in the ~i~ular w pl~ral anywhere in this Mortgaye, s1?sll be sinpular if on~ only ~nd
sh~ll bt plw~l jointly ~ex! severally if more than one. +nd that ehe wwd "~he~r" as used anywhere in this Mortg~ye shall be taken to me~n "his,•• •'hen•• ~
w'its,° whereve~ the conttxt so implip or admits. Alw, that wherever there is a reference in the covenants and ~gracmenn he~ein coetain~d to a~y of
tF~ parties hereto, the ~ame shall be corutrued to mesn as well ai the heirs, legal representatives, successors and auigns (ei?her voluntary by ad of Ihe
pirties a invduntary by operation of the law) of ths same end that the covenant~ herein co~tained ihall bir?d s~d tFw benefits ~nd adv~nta~es in~n~
ro the respectiw heirs, kyal representatires, succeswrs and ass~gns of the parties hereto.
Md said Mwty~yors, for themselves and thei+ heirs, legsl representatives, iucceswri and ~sfigns, he~eby jointly and ieverally covena~t ~nd pre~ ~
to ~nd with the said MORTGAGEE, in successors and aui9ns:
1. To pay ~II and sirgubr the pri~cipal snd imNest ~~d the variovs and svndry svms of mor?ey p~yable by virtue of said promiswry not~, ~nd this
morppe. ~ach and every, promptly o~ th~ daya respectively the same severally becom~ due.
Z To pay ~II and sinpul~r the taxes, ~ssessments, levies, liabilities, obl~q+tions and encumbrances of every nature ~nd kiod raw on ssid d~wibed J
propsrty. a tfiat hereafte~ may be imposed. wffered, placed, levicd, or ~uessed thereon, or that hereafter msy be levied or aisessed upon this 1Kort¢
ap~, or tht ind~btsdneu secured hercby, each ~nd eve~y, when due and payable, accwdinp to law, before they becom~ delinqvent, and befw~ ~ny intKat
attathes w any penalty is inturred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED Of
RECORD ANp THE ORIGlWAI OFf1C1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALLY ENDORSEO
~ OR CER11fIE0) 5lUll BE PUCE~ tN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any thereof is not
paid, sat"sfied snd disch~rged ia'd MORiGAGEE may at a~y time p+y the ssme e~ ~ny part ~hereof without waiving or affecting ~ny option, lien, puity or
.r ,.t ...w ~..u ~r ..r1, ..,d ...~?v s~,ch oavment shall be immedi~telv due and wvable and shall bear inferat