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HomeMy WebLinkAbout0973 meNS a~ (ollowf: the _ day o~ 19 aAd a like sum on th correspond~ng day o each month ther~- after until the whole be (ully paid. ~ ~ Eath insta .ment iirst shall appliad ~n payment pf the interest and ~en on the u p~~d belance of 1 princ pal sum. If (a~lt is made in th~ payment of any nstallmen~ wh~n ue, and such defaul~ Sontinucs 30 days, i en at the opt' n ot the holder, a withou~ any othe~ tice, all the remaininy ~nstallments ihel be due and pay Ie a~ once. Privilege is given to prepay is note in wh le w in part at s t~me withou~ penalt . Neifher faebear~nce, nor ~tceptante y ~he holder Ihe eof after any defauit in any paymenq he ~ n, shall be ert~ed extension. A fate payment char of s sh~~) be added to each installmem remai ~ny unpa~d 7 days a(t~? its due date, a a I~ke sum sh II be added ~o ea such insteilmenl re aini~g unpaid 7 days ahtr each svcceedi payment date. l E+ch ker, surety a~?d erxlorser hereof, joinil~/ ar?d severally, w ves demand, rexntmcnl prote and no+~ce of protes for ~onpayrrnnt, and furthe~ egrees to any extenf'an of tim of payment, either be%re ar a(ter matur" y, without ke ~o any of ; and to pay all c ts of coltection, includinp a ~easonable a wney's fee in t c event of any defautl~ hereunde~, and reby severall waives all benef of homestead and en~ption u~der the cor?stitw'an and laws of ach State of th United States, as against thia obl~gation any ex~ensi o~ renewal eof. Wit ss the hand a seal of each party. 1 ! . ~ (sE/?U l ~ - (SEAU ' (SEAU (sE/?U f 1 $Mte Revenue (Srsmpa unulled on aiyinst note) - NOW, THEREfORE, the MORTGAGOR for the purpose o secu.ir~g payment of uid sum of = 21l~0•~ and tM periormance of tiw covenants and syreemeNS Fxreinafter expressed, and for d~vers good and v~luable cons~derations, by thete presents, does grant, bsrysin, sell, remise, release, convey and confirm unto the MORiGAGEE, its avcceswrs ~red auigns, atl that cerfain lot, piece or parcel of I~nd, situate, lying, and being in the County of $t. LuGl@ and State of Fbrida, desuibsd ~i (ollows: Lots 28 ~ 29, block 68, INDIAN RIVER ESTATES,UNIT #8, as per Plat thereof in Flat Bc~ok 10, Page 73, according to the Public Records of St. Lucie County, F1ori3a. By agre.:ment oF Mortgagor ~and f4ortgagee on file ~ri-;,h the Mortgagee, t~e ~rithin mortgage • secures not only an existing ir:debtedness, but also ADVANCES to be niade by Hortgagee to Hortgagor, the aggregate of Which Will equal the principal amount specified in the proiaissory note secured hereby. ,I , f . u; S-~-r~T~ ; j ~ ~ DO~JfY~E~dTlaR`' 5 ~ v. - . , ~ ~ ~ UT A1U r~rMarr a T~ut ~ .s, - - _ - - - DI~ dl C1ASS'C' !lRlNil - ; f vE~L N~F": !v_tt ~ KE ~~aw, rROr~n, N- - 3 I. 5 0~ Pur~rr ro au.•-~~ n.~s~ ~cts oF iyri. r hr.. • ~ c~ - P.e ' , 1f 1 ~ ROGER r01TRAS • o - " ~ ~ i c~c cu+cuR oowry sr. wcac cio~, together with all and •ir?gular the tenements, hereditaments and •ppurtances thereunto belwu~ing w in snywiu appertaining tt~ereto, and s11 re~ts, issuts, proceeds snd profits acuuing and to accrue from said premises, all of which are included in the above and fore~oiny descriptwn ~nd h~bendum. TO HAVE AND TO HOLD the above desa~bed and grantcd premises unto the said MORTGAGEE, its successors ~nd ~ssiyns fwever. Md th~ said their MORTGAGOR fw he~rs, executors, adminiitratora and auign~, hereby covenants with the said MORTGAGEE, its successws ard assipns. rhat ~e~~e Iawfully uized of the taid premites in fee simple; that the same are free, clear ~nd diuhar~ed from all liens and ~ncvn? b.urces in law w in equity, and that they W~~~ a~ their _ ~;?s shsll wsr~ant ~nd defend tM titl~ to the sam~ to tM s~ld AIIORTGAGEE, its tuccessors and ss~igns, iaever again~t the lewful claims and demands of all persons; PROVIDEO, AlWAYS tMt if the MORTGAGOR thall pay ~nto the MORTGAGEE the promiuory note hereinbefwe dewibed and shall tr~ly, promptly •nd fully perform, diuhar~e, execute, complete, complY wi~h •nd ab~de by each and eve?y the stipulations, a9reements, conditio+u and covenants of said prom~swry ~ote and of this Mortgage, then thii Mortgage and the Estate hereby created shsl) cease and be null and void. tT :5 UNDERSTOOD tF~st the word "Matgagor" whether in the singular or plural anywhere in this Allwtgage, shall be sinpular if on~ only ~nd •hall be pl~ral joinlly and severslly if more than one, and that the word "their" as used ~nywhere in ti+is Mort9age ihall be taken to mean "his; ••'hen; •~'t' o~ "its," wherever the tontezt w implies w edmits. Also, that wherever there is a refersnce in the toven+ms and apreements herein tontained to a~y of~ tFw parties hereto, the same ahsll be construed to mean as well ~s the heirs, legal r~presenbtives, succeasors and assipru (either voluntary by ~c1 of the~ paNi~s or i~vol~~ury by operatan of the law) of ~he same and that the covenants herei~ co~uined ahall bind •nd rhe be++efin and advams~s lrwr~~ to th~ resp~ctive heirs, kyal representatives, ~uccessors and aa~gns of the parties hereto. Md said Morty+yors, for themulvet and their heirs, Ieyal representatives, svcce~sors and +ssi~ns, hereby jointly •nd severally covtnant a~d aprte~ to ~nd with the said MORTGAGEE, iti s~ccessws ~nd sia~g~s: 1. To pay all and sinpular the principal ~nd interest a~d the v+rious ~nd sundry iums of mo~ey pay~ble by virtus of said promisswy note, snd this~ mort9ap~• ach a~d w~ry, promptly o~ tht days respedively the same sever~lly become due. 2 To p~y ~II ~nd sinpula~ the taxcs, asussments, levies, lisbilitks, obliy+tions and encumbr~nces of every nature and ki~d now on said dewib~d property, a that F~ereafter may be imposed, iuffered, placed, leried, w asusud thereon, or tF~at hensfter may b~ levied or assessed upon this Mort¢ ape, a th~ indebtedness stcured hereby. ~ach aod every, when dve and payable, accwdirg to law, befwe they become delinquent, ~nd bs}w~ uiy inter~s~ etqtixs o~ any pet+alty it inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMDTIY SATISf1E0 AN~ OISCMARGED OF RKORD ANO 1HE ORIGIf3Al OFfICIAI DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OfFIC1AlLY ENDORSE~ OR CERTIFIED) SHALL BE PiACED IN THE HANDS OF SAID MOttTGAGEE WtTHIN TEN DAYS NEXi AfTER PAYMENT; and in tFx event that ~ny thsreof is nol pud, ~at'sfied ~nd disthuged ia:d MORTGAGEE may at any t~me pay the same w any part ~hereof without wa~ving a•f(ecting any option, lien, equity a •iqht u~der w by virtve of this mortgage •nd the (ull amount of each and every iuch payment shell be immcdiatel~ due a~d payable and shall bear interest ~Iw eld~ fF~ereof untel oaid at rate of mne oer centum oer annum •nd to9ether w;th suth interest she?1 be secured by the lien of th:s motqtap~.