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HomeMy WebLinkAbout0329 ~ / ~ 3~?~~ ~ THIS INOENTURE, AM~ tl~e ~th day of April ~p. 19 77 , r- • WaltQr S. Mil1Qr and Mary S. Miller, his MilQ o{ St~, Luei~ , Cpunty Flwida, Mr~i~aft~? d~siqnated a~ the "MORTGAGOR;' u~d FIRST FEDERAL SAVINGS AND IOAN ASSOCtAT10N OF FORT PIERCE, a cwporation orp~n~ed ~nd ~:cs~iny unda. tM laws of IM Un~ted Sutw of Amaiu ~nd havlnp in prindpal plao~ of businqs in tl» City of Fo~t Piuc~. St. luca Ca?nty. flaida. Mninaft~r dKiyna~~d as ths "MORTGAGEE.:• WHEREAS tM MORTGAGOR is justly iMkW~d 10 ~h~ A10R1CsAGEE in 1h~ sum oi = 24 ~~QQ yood +~d lawful ma~sy of tM United States adve~ced by the MORTGAGEE u~to tM MORTGAGOR, •s evidenced by ~ certain promiuory ~ote of eveo date herewitA, of which the followirg in wotd~ u~d fipurq i~ a trw topY. fo-wit: s 24, 000. ` ,,b 02-23010174 F«, Pierce, Fb.~d., Anril 20 i9~T For v~lve ncavcd, 1, we, or e~~her of us, promix fo pay, without defalcation, to tM adsr of fIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION OF FORT PIERCE af Fort Pierce, flwida, the sum of :_241-~~ w~~h interest from date ~t the ~~te of 8• 5 96 per +nnum, in monthly installmcn?i as iollows: i_ 194 on ~he lo~h dey of __-AV-~uSt 1q~2 +nd a like sum on rhe corresponding day of t2ch mw~rh thereafter un~il the whok be fully psid. Eath installment first shall be applied in paymenr of the in~erest snd then on the u~paid balance of the princip~l sum. tf default is made ~ ~r. ths payme~t of any instaliment when due, sod such default continues 30 days, then •t the option of the Mlder, and without any other notice, ~ all the remaining installmemt shall be due and payable et once. Privikge is qiven to prepay this ~ote in who:a w in part ~t any time without penslty. Neithe? forbeuar+ce, nor ~cceptance by the holda thereof afta ~ny default in any payment hereon, shall ~e deemed extensiw?. A late payment cF?arge of i 9• 7O shall be asseued the 2Mh day of the ma~th, if a regular busi~ess daY. a. if not a re9uler busi~ess dey. rhen the next busi~xu day, on each monthly inatsllme~t noi th~n nceiwd- • Each maker, surety and e~dorse~ hereof, ~oinNy and uve?ally, w~ives demand, preuntment protest snd notice of protp~ fo~ ~wnp~yment, snd iurthe~ agrees to a~y extension of time of paymero, either befwe w afte? maturity, without ratice to a:?y of us; snd to psy all costs ~f colkction, induding a reasonable ano~ney's fe~ in ti+e event of any defautt hereunde~, and hereby uverally waives all benefit of homestead and excmptioo under 1 ~he oonstitution and laws of eath 51ate of the United States, as against this obligation w any extension o~ renewal hereof. ~ - i ~ Nalter S. Miller ~ ~ . ~ (SEAI) f State documentary stamps in the amount S~ ~I~ .S. Miller ~ of = - 36 . 00 are - (SEAI) ~ affixed to tM mortppe secw~d htrtby- ' ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of. securinp p~ymtnt of sa7d sum of =_ic3~ +nd 1M ptrfotmanu of th~ , covenants and agreemenn hereinafter expresxd, and fw divers pood ard valuabl~ considenYwns, by fhss~ peseMi, dots prant, bar~sin, sell, remise, ` release, convey and confirm unto tM MORTGAGEE, its succeuors and auigns, all thal certain bt, piece or partel of land, siwate, lyinp, and beieg in tM ~ ~~~y St . Lucie snd State of Florida, dewibed as fdlows: Lot l, less the West 30 feet, Block ~B'*, DOIRAN SUBDIVISION, according to the plat thereof on filein Plat Book 9, on page 22, public records of St. Lucie County, Florida. By agreesent of Mortgagor and Mortgagee on filQ with the Mortgagee, the within mortgage secures not only an existing indebtednesz, t but also ADVANCBS to be I~RBAFTBR aade by Mortgagee to Mortgagor the aggregate of which will equ~l the principal a?mount specified in the promiszory note secured hereb y. _ II ~ 4 STATE FL~RfD~~ ~ ` DOCUMENTARY..~-;.;- STL~M P 1 A?. ~ RECEIYE~ t--~--~-=_-~- IN PAri~EMT~n~ . ~ : `r D£?T. Uf REYEfiUE ON C~'C INTAMG18lE PE~~N' . v pe. _;,Yxzz'TI 3 6. ~ 0 j to au?~~~E~ po~' "s'~ts f~ign. o ~ i ct + CI~ OOURT S LUCI~~iO~ CLERK ~ rogether with all ~nd sinpular the tenements, heredit~menri and ~ppurtances tl~erevnlo belonginy ot in a~ywiae appertainieq therefo. ~nd all r~nb, issves, pr«eeds and profiri xcruing snd to acwe from said p?emises, all of which sre intluded in the abov~ and fore9oing description ~nd !?~be~dum. TO HAVE ANQ TO HO the above described and gr~nted premises unto the said AhORTGAGEE, ib sixceisors and +uipns forev~r. Md th~ s~id .V,ORTGAGOR fw th@~r heirs, ~xecuton, sdministrators and augro, hereby covenanb with 1he said 1NORTGAGEE, iri suaessors and aaipna, rhaf ~h@Y are _ lawfully xizt~of the ssid premises ith6~Y le: that the ~ame ~re free, clear and dischsrged lrom all liens and encwr~ c~ances in law or in equiry, snd that ey will and hein shall warrant and defend the titb to the sam~ to th~ said ,t+pRTGAGEE, its succeuws ~nd assigns, forever agair?st the lawful claims a~d dem~~ds of all persau; ; PROVIDED, ALWAYS tMt if the MORTGAGOR shsll p~y unto the N10RTGAGEE the promissory note hereinbefwe describeJ u~d shall trvly, promptly ~ a~d tutly perform, d'+tchar9e, execvte, complete, comply wiM and ab~de by esch and every the ~tipulations, ayreemenn, w~ditwns and covenants of said crom~ssory not~ snd of tha Mortgaye, then thK Mwtgsge and the Esute hertby aeated shall uase and bt null ~nd roid. ~0 IT IS UNDERSTOOD tMt the wwd "Mort9sgor" whether in the sirgular or plwal ~nywhere in this Mwtyspe, ihall be sirgulu H aa only and ~ fnail be p~ural ~ointly ~nd severally if mwe than one, and that the word "their" ~s used anywhe~~ in this MortQage sh~ll be tak~n to mtsn "his;' "Mn," ~ _ o. "irs;' wherever the context so implies w admin. Also, tMt wherever there is a reference in th~ toven~nts snd apreemenb hertin oonlainad fo ~rty of rhe parties hereto, the same sMll be construed to mean as well ~s the heirs, leyal rsp~esentatives, tuccessas and usipns (~ithe~ voluntary by act of the ~ ' ~ parties or Involuntsry by operatan of the law) of the same and that the coverwnts her~in comained shall bind and ths benetin and ~dvantayes inwe ro the respactiw he'a~, kyd representatives, successws and ~ss~yns of tF~e psnies hereto. ~ " And ~aW Mortgapors, fw themselves and their hein, 1e9a1 represenutives, svcuuws ~nd auyns, he~~by joimly ~nd severally cov~nant and ayra~ and with the iaid MORTGAGEE, ib successors and suigns: _ 1. To pay sll a~d sinpubr the principal and intaest and the vsrian ~nd sundry sumi of moneY paY+ble by virtw of s+id promissory ~ote. ~nd this ~ mortgsge, each and wery, promptly on the days respectively tFk same severally become due. ~ 2. To p~y all aed sirp~rlu th~ t~zes, assesunenn. I~v'~es, lisbilit~e~, obliyations and encumbra~ces of ~very n+tw~ u~d kiod eww on said d~svib~d = N~ope?tY, a that hereahe? may b~ imposed suffered. P~ated, levied, a+ueued thenon, w that her~after may b~ Iwi~d a as~es~ed upon this Mwtp- ; age, w tM Md~btedness secured hereby. ~ach snd every, when di?~ and p~yabk, aaordinp to Isw, b~fore ?F~y becane d~linquent, u+d befor~ any imaat a~raches o~ any penaMy is incvrred; AND IrI50fAR AS ANY 7NEREOF IS OF RKORO THE S/~ME SHALL 6E PROAMTIY SATISfIED AND DISCHARGFD OF RECORD AN~ THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE 7AX RECEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENOORSED C;R CERTIftEO) SHAII dE PIACED IN THE MANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the ~ve~t tMt a~y tFwreof is not pa~d, sst'sfi~d and dischsrged ssid MORTGAGEE may at sny time piy the s~me o~ a~y pan thereof without wairinp o~ affectitg amr optio~, li~n, ptiity a •~qht undei or by vrctw of this mortyage and the full amoum of each and erery i~ch paymeM shall b~ imrnediately due ~nd pay~ble and thall bear inte+~st ~~om the date thereof until p~id at ~~te of nine per centum per anr+um snd topett~er with such inte~dt iMll be secured by the lien of th:s mwytaye.