HomeMy WebLinkAbout0317 3fif n30 • ~ • ~ '
THIS INOEN?URE, Msd~ 1h~ 28th d~y oi A~ril. ~,p. ~y_??~ y~~,~„~
- Merrill R. Fr~e and Norma K. F'rye, his wife
of ~ t,..~, jr~lC ~ A Counly Flc~ida, MniiwhM daipn~~~d ss tM "MORTGAGOR;' +nd fIRST iEDERAI SAVINGS AND IOAN
IISSOCIA?ION OF fOR? FIERCE, ~ oorpaaian aqa~ized uid ~xiqinp undM tM Iwn of ~M Un~r~d Su~a of Am~~ica N+d Mvinp in pincipal pl~u of
bu~w in tM City oi Fat PiKU. St. luci~ County, FlorWa, M.tin+h~r de~ipMt~d a ti+~ "MORiGA EE."
VYFiEREAS tM.MORTGAGOR h j~~tly indtbttd b t1w MORTG/1GEE h tM sum of = 2O ~ OO~ ~ 00 yood +nd i~wfvl ~.?or»y of tM Uncted
Stat~s advanc~d by tM MOR(GAGEE ~n~o ~he MORTGAGOR, as ~vids~ced by • c~r~a~n promiasay nore of ev~n dat~ Mr~wirh, of which ~h~ tdlowinp in
wad~ ~nd fipwa i~ a trw copy. ~o-wi~:
s_2o,o00.00 01~-~3010653 .
~ F«, Pl~rf.. Fi«~a,. _ Anril 28 197~
foR valw received, I, w~, w e~~hcr of v~, p~om~~e to p+y w~thout detalcation, to tM ader ol FIRST FEDERAI SAVINGS ~AND~ LOI1N ASSOC~ATION
OF FORT PIERGE ~t Fat Picrce, Flaid~, the sum of =_?0 ~ ~ wNh i~terest from dat~ +t th~ rat~ of _____!L% PK ~nnum, in
monthly insf~llments at fdlows: i--~a-~10 _ on fhe IO~h day of - ----s~dl~_ 19~-[- aod a lik~ wm on
rhe corr~sponding day oi each moruh therea(ta vntil tM whole be fully paid.
Eath inf1a11m~M fint ~hall be ipplicd in p~ymertt of the inte~es~ a~d then on the unpaid balanc~ o( the principal sum. If detault is made
m the payment of ~ny instsl~mrnt when due, •nd such defaull co~tinues 30 days, the~ at tM op13a+ of the hotder, and withovt sny other ~otice.
afl the remaininp initallmen~• ~hall be due and paysbte at once. P~ivitsye ia yiven 1o prep~y this note in whols a in part at •ny timt withwt
penalty. Neither forbeuance. ~a ~cceptancs by ths holde~ thsreof ~ft~r ~ny d~fauh i~ anY paYment hereon. sMl) be deemed ea~ension. A Iste
paYment charye of i~-70 shall be asseued tM 26tA day of the m«+th, if a reyvlsr bus,neu day, or. ii not a rpul~r businsu day.
~Fun the neat buainess day. on each mon~hly iAUailment ~o~ th~n nceiwd.
Each maker. surery and endwse~ her~of, joinNy and s~vaally, w+ives demand. prescntmcnt p.orsst snd notioe of praes~ for nonpayrneM. ~nd
funher prees fo ~ny extMSion ol tim~ of psymcnt, eitMr beiwe a~fter maturiry, withovt notice ~o any of us; and to pay all cosn of collectioo,
ind~rdinp s rsaso~abie +nomey's fee in the evem of any defavN hsreundN, a~d hereby sever+lly waives ~II benefit oi homestead and exemption under
~he ooi»titutioa ar.d laws of ~sch St~te of the Unitcd States. at apsinst thit obligation a soy ext~nsion or ren~w~l hareof•
s Merrill S. e ~A~~
(SEAL)
St+te docvmentary s~amps in the amount 9 N Dl8 K ~'Y' e
(SEAI)
of f ~Q. are - ~A`~
~ffixed fo tM morly~ Ncund Mr~by-
NOW, TNEREFORE, the MORiGAGOR fa the purpose of securlrq paym~nt of ~aid wm of • O~ +~d ~M pe.form+nc. of tlw
co+nM~n and apr~ements hcYSina(t~r txpreued. and fa d~veri ~ood u+d valwbl~ coroideratio~s, by tF~w presantt, prant, bryain, sell, remise,
release, oonwy and tonf'um unfo ihe MORTGAGEE, iti succeuors ~nd saiyns, ~tl that csrtain lof, piea ot puul of Iw~d, situat~, lyi+g, and beinp in tM
Camtp of y. T.u C ~ P , and S~st~ of Flwida, d~avib~d ~s fdlows:
Lot 12, Block 254, °ORT-ST. LUCI~, SECTION b, accord~ng to the
plat thereof on file in Plat Book 12, Page 36, Public Records
of St. Lucie County, rlorida.
Be agreement of Mortgagor and Mortgagee on file with
~ I~iortgagee, the wi thin mortgage secures not only an _
existing indebtedness, but also ADVAN~FS to be H~'RE-
AFT~R made by Mortgagee to I~ortgagor, the aggregate ~
of which will equal the rrincioal amoun* srecified
t . in the promissory note secured hereby.
; - -
~
~ - _ . -
,.~F ~ - - ~ ~W t d ' ~IN PA1fMEMT Of TAXES
~ T AT ~ t:r ~ C~_ ~YE OM CLASS 'C' pITANQ~BIf PERSOpi.L W~OPERry
• _ ~`vCUM~r,t~A~RY;~ ti ST~~•.t~l:% : r: i ~
~ _ - PuRSwuir To : ~r~? n-:;:4, ~crs ~n. '
c il~f`i.Gf itFYEN[l~.'~ ~
: ~ cn - - ' s ' R06ER POIT •
~ c = = kr~ ~_•r~ t;=~;.~'-~~ _ 3 0. 0 0~ c~nc cu:curr cou~r, si. u~ co
' - ve.-' • +
o = , ~ f
togethsr with •II ~nd sinyvlar the te~menti, hereditamentf and appurtancq thueue+to btlonyhg a in anywif~ ~pp~rt~inirg therNO. ~nd all r~nri, iuuts.
P~oceedi and p?of~n +cuu~rq and to accrw from s~id p~emises, all of whid~ are induded in the abov~ u~d for~oinq d~sulpYan ~nd Mba+dum.
TO HAVE AND 10 ~ tM ~bow dewibed ar+d ynnted premis~s unto th~ said MORTGAGEE, it~ suae~sws and ~uiprn fw~vN. Md tM s~id
!r,ORTGAGOR for tY'e"--- he~n, executon, adminatrato~s and as~iyra, hcreby oov~n~nn wirh the sa~d MORiGAGEE, in wccs~wn and as~iprn,
~har -i~64 Hill- lawiully s~ized oi ths said premisei in fe~ simplr, tMt ths same ue frN, ckar ~~d dixhsrged from all tiu~s a+d ancu~
brancea ie bw w in eqviry, and ~hst~@.~_ will and the ir h~in shall warrant ~d defsnd tir t~tk to tht tan» to tlw s+id
I~.ORTGAGEE, its wtceswn ud ~uiyns, faever ayai+nt tM lawful claims and d~mand~ of all pKwro;
~ PROVIDEO, AlWAYS that if the 1~10R7GAGOR sMll pay umo the MORTCaAGEE the prom~swry not~ her~inb~fwe de~cribsd and ahall truly, promptly .
a~d fuliy perform, d~xh+rge. sxecu», compk~e, comply wi~h and .bcde by e~ch ~nd every the stipulatio.?~, a9reemenn, conditions and covsnann o~ s+id a°O
profr.~sfOly not~ and of this Mort~pe, the~ thu Mwryay~ and ~M. Est~te F~N~by CENtld ~INI) oeas~ and b~ null ~nd void. , g~s
~ IT IS UN~ERSTOOD Ihat tM word "Nlwtqsyor" whether in tFw tinyular a plwd anywtwr~ in thia Mwtyaq~. ~Fwll b~ sinpul~r if ont onty ~nd j~
shall be plw~l jointly ~nd kve~dly if ma~ tha~ one. ~nd that tF~e word "their' ~t vsed anywhen in this MortQape sh+ll be t~ke~ to me+n "hi~;••'Mn•• `i
~ o+ "its:' wherwer the context w;mpties a adm~ts. Also, that wFKrever ~hcre is ~ r~ference in the covenann ud pr~emenn herein contsirnd b arryr of V~ -
rne psrties ha~eto, the tarn~ ahall be ca+i~rued to me~n ai well as the hein. Isyat represent~tives, wcuswra u+d usipro (either vol~niary by ~tt of tFw ~
~ Qa~~~es w k?voluntary by ope~+tion of tM 4w) of the sarree and that h,. co~en•m• h.reM con+•ined ahsll bind a~d ihe benefin and adv.nup.s (nw. ~
ra rhe r~~pectire hein. Iey~l reprssent~tives, successon and asNqns o( the partiss l+ereto. ~ ~
Md said Mwtyaqon, for themselves u~d fhe~r heKS. Ipal representst;ves, succeswn and auiyro, h~nby jointly ~nd HvK~lly covenant ~nd apree :
+o e~d wit!? tht said MORTGAGEE, ib wcussors and +s~iyra: ~
1. To p~y ~11 ~nd sioyular th~ prinNpal and inrerest a~d th~ wrious and sundry wms of monsy paY~ble by virtw of iaid pranissory not~, and thi~ ~
m~rtgayt, ~sd~ u~d wuy. promptly on tFw days ?apectivsy tF+~ s~me u~nnll~ becan~ dw. ~
2. To phr all Md sinpular ti~ t~aet. ~aseurntnn, bvies, li~bilities, obligatam and enewnbranc~s of ~wry n+tur~ ~nd kind now a? uid dac~ibed
prop~rry, or Hut F~tr~afiet m+y be impa~d. suffa~d, p~~ced, kvied, or aweued tl~erwn, a that hereafter may b~ Iwi~d a assessed upa~ tF~ia AllottQ-
w tlw ind~bt~dn~ss Nau~d I~er~by. ~acfi ~nd wery, wh~n dw and pay~We, au«di~g ro law, b~for~ they bccarw d~Iinqwm, a++d bsfw~ ury im~r~s~
ansches a arry p~nalty a incurred; AND INSOFAR AS ANY THERfOF IS OF RKOR~ THE SAME SMAII dE PROMPTLY SATISFiEO AND DISCMARGfO Of
RECORD AND THE ORIGINAL OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEtPT OR TNE SATISfACT10N VAPER OFfIC1AlLY ENOORSED
OR CERTIf1E~) SHAtI SE PUCED IN THE MAN~S OF SAID MORTGAGfE WITHIN TEN DAYS NEXT AfTER iAYMENT; and i~ tM evenl tMt anr tlrnof ia not
pe~d, sat'sfi~d s~d discha~yed sa:d MORTGAGEE m~y at any ~~me p~y tM ~ams a~r?y pan tMreol w~thout w~ivinp a~ffectinp ~r?y option, lien. pvitp or
~phf und~r a by virtw of thn rrany~ye and the full amount of each and ~very wch paymem shall be immedi~tt~y due •nd payabN ~nd shall b~u int~?es~
from the dat~ tM~eof until paid at nt~ of nine p~r centum p~r ~nnum ~nd ~operher w~~h such i~tereft tMtl be secured by th~ lien of th:~ mor9up~.
- - -~s±~:_c: ,=,:--T::;aa:~:_r~-%>s.` .