HomeMy WebLinkAbout0985 tath installinrnl fus 'shall be appl~~d in pay~r~aM of the intere~f anJ. lhcn on the unpaid bais~ce ot ihe pnnt~pal fuir?. If ta~lt q rtta0e ~q 1NR
Nayrnent of any in~tailme when due, and such defautt continues 30 days, then st the option of the holder, and without tny othe t~ce, aIl ths remaining
.r,staifinents shall be du snd payabla a~ once. Privilege is yiven to prcpay this rate in whole w in part at any time wilhout pe~Neither fotebeatante,
nor acceptance by ~h holder ihe~eof s1te~ any default in any paymenly'hereon, shall be deemed extensio~. A late psyment arge of ; thall be
,dded to each ~nse ment rema~n~ng unpa~d 7 days after its dwe da~e~ and s I~ke sum ihall be added to each such ~nstait nt rsma~ninq unpaid 7 dayrs ~fter
each svcceeding ~ayment dat~. •
Each ma~r, surety and endorser he~eo(, jointly and several~, waives demsnd, prasentment protest and noticrof proteit for nonpaymtnt, ar?d further
agrees to any qztens~on of time of pay~nent, e~?her before or after~4e~atur~ty withoul nO~;ce to any of ui; and 19• pay all costs of collection, i~cludinp a
~easonable a~terney's fee in the eveM of any drfau~t hereunde~,`s~d hereby severaliy waives all benefit oi hoiptstead and exemption undet the tonstitut'an
and laws of~each Srate of the Un~~cd States, as aga~nst this obl~ation q any extent~on or renewal hereof.
Witryess the hand a~d seal of each party. ! /
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NOW, THEREFORE, Ihe MORTGAGOR for the purpose of secvring payment of said sum of s 20, ~Q~• ~ . and the performance of th~
covenant: ~nd sg?eements here~nafter expressed, and for divers good and v~lvabt~ consider~rions, by these preients, does g~~n?, barpain, setl, remise,
.elease, convey and confirm ur.to the MORTGAGEE, its successors and auigns, all that cenain lot, piece or parcel of tand, situate, lying, and beiop in tM
County of St . WCie and State of Fbrida, described ~s follows:
Lots 23 and 51~ HILLVIEW SUBDIViSION, according to the plat thereof on file in Plat
Book 9~ page 52. public records of St. i.ucie County, Florida.
By agreement of Sfortgagor and Mortgagee on file with Martyagee, the within
mortgage secures not only an existing indebtedness, but also AnVANCBS to
be HBREAFTER made by Mortgagee to Mortgagor the aggregate of which will
ec~ual the principal amount specified in the promissoty note secured hereby.
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Dr: _iiMEhTARY.--~ S i t: h? 4' NIRSGAf~IT TO C~W"r3 7
. - - - - - - l-13t. IYC(S 1l71.
_ . " _ ~;~~~±Er`~:.~~ , ROGER PORRIIS
1^ N T ,T t 1,`~~~-' ~ V O• O O ~ ~LM M~M~~ N ~
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together with al( and singutsr the tenements, hereditaments and appurfa~ccs iherevnto belonginQ or in ~nywise appertsinirg theroto, ~nd ~II ~ents, issues,
proceeds s~d prof~ts accruing and to accrue from :sid premises, a1F of wFi~ch a?e includrd in the sbove snd foregoirg description and habendum.
TO HAVE APiD T HQtD the above desuibed and granted p~emises unto the said MORTGAGEE, iri successors and suiyn~ for~ver. And th~ s~id
MORTG(~GOR fw - tR e 1= 1~e;rs, executwt, administrators and auigna, hereby covena~ts wilh ti~s ssid MORTGAGEE, ib wcteswn ~nd assiprq,
they are
fhat lawfully se~zed of the uid prem~ses in fee simple; thal the t+me are free, clesr and diuharyed from all liens ~nd encur~?
brances in I~w a in eq~ity, and that they s~ the1Z ~~n shall warrant and defend the title fo tt~e same fo ths said
MORTGAGEE, its successors and assig~s, forerer aqairt~t the lawfu! tlaims and dem~nds of ap persau;
PROVIQED, ALWAYS that if the MORTGAGOR sF~all pay unto the MORTGAGEE the promiisory note hereinbefore described ~nd ~hall truly, promptly
and fully perfwm, d~uharge, execute, comple~e, comply with and abide by each a~d every the stip~latioru, preemenri, conditio~s ~nd covena~ri of said
promistory note snd of this Mortgage, tF~en this Morfgage and the Eirate hereby aeated sheH ceaie and be null and mid.
IT IS UNOERSTOOp that the wwd "Mortga9w" whether in the singular w plural anywhere in this Mortgsye, sF~all bs sir~ulu if one only ~nd -'i
shall be plur~l ~ointly and severally if more tha~ one, and that the word "their" ss used anywhere in this Mortyage sMll be t~ken to rn~~n "his," "lx~s;'
or "its;' wherever the conrext so implies w admits. Also, that wfierever there is s referente i~ tF~e covenanq and agreem~nts Mrein containcd to a~r of
fhe parties herero, ths same shal! be corr~trued ro meen as we11 as the F~eirs, leyal represenutives, sucuuws and auipra (eitF~e~ voluntary by ad of fh~ ~
par+ies ot involuntary by operation of the Iaw) of the same and that the tovenants herein contained shall bind a~d ths beMfib and ~dv~ntayq iMx~ ~r
to the retpective heu~, legal representatives, successas and a~s'gns of the part~es hereto. C
And said Mortgsgors. fo~ themselves a~ ~heir he~rt, feyat representatives, successors and ~ssigr?s, hereby joinNy and-seve?ally covenant ~nd p~M ~
to and with the said MOR?GAGEE, its successors and assigns:
1. To pay sll and singular the principal a~d inte~est and the various and iundry sums oE ma~ey payable by vi~tue of said promiisory not~, and this
mortgage, exh and every, promptly o~ the daya respect~vely tFu same teverally become d~e.
4. To pay ~11 snd •~ngvlar the tsxes, a~sessments, lev7es, liabilit~ei, obiigstions ~nd encvmbr~ncp of every narvre end kind now on said desaibad =
property, w thar hereafter may be imposed, suffered, plated, levied, w astessed thereon, p that hereafler msy be levied ot ~sieafsd upon thb
age, w tF~e indebtedness secured hereby, e+ch and every, when dw and payeble. ~ccordirg to law, before they become delinq~ent, ~nd befort any int~~~st Q
attaches ot a~y penalty is incurred; AND iN50fAR AS ANY THEREOF t5 Of RKORp 1HE SAMf SHAII 8E AROlNPiLY SATISFtED AND DI$CNARGED OF
RECOR~ AND THE ORIGIhAI OFfIC1Al DOC~NIENT (Sl1CN AS, fOR INSTANCE. THE TAX RECEIPi Oft THE SATISFACTION PAPER OfFIC1AltY ENOORSEp
OR CERTIfIED) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGfE WITHtN TEN DAYS NEXT AFtER PAYMENT; ~nd i~ the event that any tF~ereof is not
pa~d, sars~+ed and discherged sa'd MORTGAGEf may ar any t~me pay the same or •ny part thereof without waiving o~ s(fectin~ any option, (ien, eqvitp or
~~phf under or by virrue of this morfgage a~d rhe futl amount of each and every svch payment shali be imrreediately due •nd payabk ~nd thall besr ie~tersst