HomeMy WebLinkAbout0087 FORT PIERCE at Fat Pierce, Fwrida, the sum of S; ~ with i ltrest from date ~t the rate of _96 pe~ annum, in mont ly instalN
ments as (ollows: on the day of and a like sum on the orrespond~ng day of esch nth therr
aftcr uM{I the w le be fully paid. '
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Eath insta ment first shall be applied in _ yment of the interest and t on Ihe unpald balance of the inupsl sum. If default is in ths
payment of any itallment whe~ due, and such ~efault continves 30 days, then t the opti~ of tht holder, and ithout any otha notice, all remsini~y
~nsrallments sha! be due and payable at axe. f!rivilege is give~ to p?epay this te in whols w in p~rt at ~ny ti without pen+lty. Neither forcb~uurce,
no? acccptance y the holder thereof after any efavlt in any payment~ hereon, hall be deemed extension. A 1 e payment charye of shall bs
added to each nstallment remainirp unpaid 7 ays after its due date, end a 1' e sum shall be addad to each s h installment rsmaininy ~n id 7 days atter
eath succeedi psymeM data
Each ker, surety and endorser her f, jointly and severally, waives demand, preseMment protest sr. notice of protest fw nonpa nt, ~nd furtMr
agrees to any extension of lime of payment, either before w afte~ maturity, ithout notice to sny of us; an to pay costs of coll ~on, includiny •
reasonabk at aney's fee in the event of y default hereunder, and hereb severelly waives all benefit of inestead and exemption u tM cantifvtion
and laws of ach State of the United State , as aga~nst this obligation or a extension p renewal hereof.
Wit s the hand and ieal of e party.
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(Stsmps Iled on wigirul note) - .
NOW, THEREFORE, the MORTGAGOR fw the purpose of sea,rirp.p~yment of wid su~n of i~•~~•~ , ~~d tM p~rformance of tM
covenants and ~recments hereinafter eYpressed, and for d~vers good ahd valwWe ~oroide?ations by thess preserNS, doea 9nnt, b~r~ain, sell, remise,
release, convey and confirm unfo fhe MORTGAGEE, ih tuccessors and ~uigns, all that certain bt, piece ot parcel of lsnd, situate, lyirg, and beirg in 1F»
Counry of St .~.t1C~e and State of Florid~, dewibed as folbws:
Tfie South 19 feet of Lot 2, aIl of Lot 3 and the North 26 feet of
Lot 4, Bloclc 5, MARAVILIA PI.AZA, a subdivision according to the
plat thereof recorded in Plat Book 5, Page 44, of the Public Records
of St. Lucie Coeuzty, Rlorida.
By agree4er~t of Moztgagor and Mortc,~ gee on file vrith
Mortgagee, the within nortgage secures not only an
existing indebtedness, but also ADVANCES to be HERB- ~
ARTER nade by Mortgagee to Mortgagor, the aggregate
of which will equal the principal amount specified
in the promissory note secured hereby.
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`r ~F F't_..~ ~ RECEiVFD S 4' ~ IN PArMENf OF TAXES
; S ~AT E - STA. !~1 ~ ' ) ~ _ DJE Or~ r,:!~SS ~C IN7Ar~r,IBIE PERSONAL PROPERI~,
~ c.Z DOLUMENTARY,.-:` ~ p~gs'w~:i 10 G:+'~~' 71-134. ACiS OF 19/1.
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together w~th all and siryular the tmerr~ents, htreditaments and sppurunces thereunto belongirg w in +nywis~ appertsinirg thereto, and all rents, iswes,
proceeds snd prof~ts acc~uing and to sccrue from said premises, a!1 of which are included in the sbovt and fore~oinp desviption ~nd Mbendvm.
TO HAVE AND TO HQID the above desnibcd and grsmed p~emiies unto the said MORTGAGEE, its s~ccessors s~d ~uipns farsvq. Md tlw wid
MORTGAGOR fot their executors, administratort and assigro, hereby tovenants with the ~aid MORTGAGEE, its svaesso~s and assipro,
rhat the~-dre _ lawfu~ly x~:ed of the said prem~ses in fee simple; that the same ~r~ free, cleu and dixhsrQed from all liens w+d erKVm~
kuuKes in I~w a in equity, and that theV Wpf theiY hein shall w~rrant ~nd defend /M titl~ to the sam~ to tM ~ak!
~ MORTGAGEE, it~ sutcessors and ~u~gns, forever ag~irat the lawful claims and demands of ~II personst
PROVIDED, AlWAYS that if the AhORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefore dewibed and sh~ll truly, promptly
~ and fully perfwm, d"+xharge, execute, complete, comply with and sbide by esch snd every the stipulatio.u, ~yrcements, tonditaro and oovenants of said
~ promiswry i?ote and of this Mortgage, then this Mwtgsge and the Estate hereby aested ihall u~s~ a~d be ra?II and void.
~ IT IS UNDERSTOOD that the word "Mortgsgw" whether i~ the ~ingular w plural anywhere in this Matgsye, sha(1 be sirgulu if on~ only snd aQ
shsll be plwal jointly and sevenlly if more than one, and that the word "their' as vaed anywhere in this Mortpage shall be t~ken to mean "his:• •,hKS•• P-~ _
or "in;' wherever the context so implies w admits. Alw, thst wherever ~here is a reference in rhe covenann ~nd ap~aemenn herein oonuinsd ro any of r~'t~~
~ the put~es hereto, the same shall b~ canstrued to mean as well ~s the heirs, leyal represent~tives, wccessors and suigro (eith~r voluMUy by ~cf of tlr ~
parties a involuntary by operation of the law) of the same and that the covensnts herein contained ahal) bind and the beoefits and adv~nt~pes kwr~ ~4~
to the rapectiw heirs. Icgsl represent~tives, successors snd aa~gra of the parties hereto. ~
Md said N~wtgpors, fa thcmxlves and thei~ heirs, legal representatives, suctesson ~nd ~uipra, hercby jointly ~nd seraally toven~rN snd ayrN
to and with the said MORTGAGEE, its succeuors and assigru: ~
1. To pay ~II and sinyular tFw principal and interest and tlx vsrious and su~dry sums of maneY paY~ble by virtve of said promiswry note, and thn
mort9ape, each and every, prompNy on ths days respectively tM ssme severally becort~ due.
2. To pay all and ~ingulu the tsxd, suessme~n, lev~es, I~abilities, obligaYa~s +nd encvmlx~nces of every nstur~ ~nd klnd ~ow on said desvibsd
propeny, a that hereafter may be imposed, wffered, plxed, levied, or assessed thereon, or tMt hereaftN m+y bs. kvied a useaed upon tl~is Mortp-
a9e, w tFw indebtedness secured hereby, each and every, when due and p~ysble. ~tcordirg to law, befwt they become deli~quent, ud b~fw~ any inNr~sf i
attaches w sny penahy is i~curred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROlNPTLY SATISFIEO AND DISCHARGEO OF ~
RECORD AND THE ORIGINAL OFFICIAL OOCUNIENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TNE SAi15FACTION PAPER OFfIC1AllY ENDORSED s
OR CERIIFIED) SHAII 6E PLACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~+d in the even! that a~y tMreof 4 rat
paid, sat"~fied and discha~ged ss:d MORTGAGEE may at •ny time psy the ssme or any part thereof without wiiving a affectinp a~y optan, lien, eq~rity or
~~qht ~nde+ w by virtue of this mortgage a~d the full amovnt of each ~~d every such payment shall be immediately due and psyabk and sMll beu interat s
~.om the date thereof until paid at rate of nine pcr centum per a~rwm and togeti~er with such intereft sMll be secured by the Iien of th:s morytsye.