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HomeMy WebLinkAbout0358 ~ ~ 3Ei8138 L ~ ~ ~ THIS iNDENTURE. IN~d~ 1h~ 1St day of '~u~e . - A.D. 1977 b~~w~ - Paul S;. Hillard, ~ sin~~j~L. of -C+t - ~~~=i p Camty Florid~. hN~+n~hp ~t~d as tM "MORTGAGOR;' ~nd FIRST FtDERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE. • corpor~tion wy~ni:~d u~d ~x~uii+q und.r ~ lavn oi t!w Unit~d Sat„ qf. Arn~iu ~rd I~rM+p i» prlnclpal pl~c~ of b~+~k~a~ In t!w Gry of Fal Parc~, St. tvci~ County, Florida, Mr~irah~~ dta~pnar~cl u tM "MORIGAGEE." a: WNEREAS tM MORTGAGOR is ~n~ly ind~bt~d to tA~ MORTGAGEE i~ th~ sum oi = 31 ~ 2OO . ~`~'and I~wful ma+ey o( tht Unif~d St~t~s ~dwnc~d by tM MORTGAGEE un~o ~M MORTGAGOR, s~ ~~~de~~c~d by • cerla~n promisaory no1~ of evee dat~ her~with, o( which 1M fol{owiap in word~ and fgwN is a trw copy, ~o-wit: ' 02-23011b69 S 31, 200.00 ~ June 1 No.~ 19 77 Fort Pierc~, Flaida, Fw valve r~ceived, 1, ws, or e~ther of us, promiu to pa~j , without defalcstion, to tl+~ order of FtRST FEDERAI SAVINCsS AND IOAN ASSOCIATION OF fOQT PIERCE +t Fwt Pierce, Flo~+da, th~ wm o( 3~"~ with iMerest irom dats at tM rat~ of 8• 5 'Y~ per snnum, in mon~hly imt~llmen~s as (ollowi: 5---- 252-• ~0 on the lOth day of ~otemb~r 19~ ~+d a lik~ wm on tM cwresporxling day of each month thereafte~ until the whol~ be fvlly paid. Each ins~allment firsf ihall bs applied in pay~r~ent of ths iNere~t and then on the unpaid bal~r?c~ oi the printipal tum. If default is made in tha p~yment of any instaliment when d~e, snd such deiault continws 30 days, tMn H tM option of tM holder, snd witlwW any otMr notict. all th~ remaininy insullmeM• shall be due and payable ~t once. Priviteqe is yiv~n 1o prepaY this note in wkol~ or in put ~t any time without per?~Ity. NeitF?e? fabe~r 2•n~Oaccepfanct by the fiold~r tM~wf athr anr d~faulf i~ anY paYmeM hereon, ihall be de~med eatc~sion. A I~te paYrrKM cFwry~ of = ~ sha~l be sasessed ti+~ 26t1? day of 1he month, if a regul~r bus~~ea A~Y, a. if not • reyulM businNS d~y. then tFw isext buiiness day, on each monthly insrallmenr not tMn nceived. Esch maker, wrey and e~dwse? hereoi, jantly and ~everally, waivei demand, preuntment prolest and notioe of prokst fo~ nonp~yment, ~nd funhe? a~rees ~o any exten~ion o~ time of payment, either be(as or ~her maturity, without notice to any of ui; ~nd to pay all cwb of tollection. includirg a reasonable attwney's fee in the event of any detau(t here~nder. snd hcreby aeve?ally wsiva all benefit of homettead ard ~xamption ~nder rhe conititution and law~ of each State of ~he United S+ares, as ayainst thi~ obiiflition w any eatan~ion or ren~wsl hersof. S/ _~du 1 C~ ~ I~i 1 t a rci i ~5~?t) a u St~M doNmentary itam~.! in Ihe ~mouM ' _ of s 46•8O are - i5EAt1 ~ffixed to th~ mwtysy~ secur~d Mr~by- (SEAL) NOW, THEREFORE, the MORTGAGOR iw the purpose of ~ecvrinp payment of iaid sum of = 31 s 2~~. ~ ~ ~nd N+~ pKfarm~nc~ pf th~ cov~nts and ~yr~~msnq hereina(ter expressed. a~d for d~~c.i yood ar?d val~able consideration~, by thew p~sa+h, dots pr~nt, b~ry~in, sell. remiie, . releas~, oonwy and oonfirm unro the MORTGAGEE, it~ iucceswn and assigns, •II th~t cert~in lot, pieu or puott of land, sitwte, lyinp, ud beirg in tFN t~ry ~ St. Lucie ~ State of fbrsda, d~scribsd follows: The South 289.55 feet of t~e North 996.55 feet of the fiast half of the :~'8~ of the Nfi~ of Section 10, Township 36 South, Range 38 ~Bast; Sxcept the £ast 50 feet and the West 15 feet for road and drainage easer~ents. 3y agreement of Mcrtgagor and Mort~agee on file with Mortgagee, - the within mortgage secures not onl}~ an existing indebtedness, but also ~1DVANCBS b be HB~,EAFTBR ~ade by Mortgagee to Mortgagor the aggregate of ~?hich will eqval the principal amount specified in the promissory note secured hereby. i ' ~ ~ ° S"i" T~'~ F L f~ 1 r~c~nm . D ~x wnr„F+~r o~ T~ca ~ r_; OOCUMEN?AR1 ~f , STtiMP :_r:., 1 a'~ e~ r,!.14s'C ~HTAMGIBIE PERr~ '_~i~, ~ c' JcPT `JF P.cYENUF /r~ ~y'i` ~ P.":,°.•i.:i TO Ci~'lP'~fR 71•13~. ll~'.. l. = JUM-d'77~',1i~~~' HA".ER PORRAS ~ ~ L~ ~ ~ -~g. - ~,=~w~,,,~ - 4 fi. 8 0 1 aFrnc c~wcuii couRt, sT. ~ co, . J - illii'' . togethe~ with ~11 and sinpvla~ tF~t ten~m~n», hered7r+ments Md appwtaoces therwnto b~laglrp a in anywise ~pp~?taininp tF~~lo, and aU r~nts, iuup, p.«seds ~nd profi» acw~ny and to acwe f~om said premises, ~II of which w~ 7ncluded i~ tM abov~ and forpoirq description ~nd habendwn. TO HAVE AND O. HOW the abwt described and granted panKes unto th~ said MORTGAGEE, in ~uaesson and aupns fw~v~r. Md tM s~id ~sORTGAGOR fQr ~1 S heirs, ~xecuron, administrato?s and augos, hereby cownants with the said MORTGAGEE, En wa~swn ~nd assiprr, rhat _ he 1 S ~ewfully sei:ed of the s+id premises in fee simple; tMt tM tarn~ are frN, cku a~d ditcha~ged f?om e!! lie+q end encvrn- Erencet in law or in equity, and that he will and hi S he'us shall wur~nt snd def~nd the titl~ to tM satr» to th~ saW .v+ORTGAGEE. ia uxussors and assipro. fawer a~ainst tM Iawfvl ciaims and d~mands of all pe~soro: ~G ~ PROVIDED, AlWAYS that i~ ths MORTGAGOR ah+ll piy unto the MORTGAGEE ths promissory rott her~inbetor~ dewib~d and ~h+ll trvly, promptlr g~p ~ and fully p~r~orm, d~sch+r~, executt, compkt~, comply with ~nd abide by e+ch ~nd every the stipu(~tam. ~~eerrMnb, conditian ~nd oov~rwnb of said ~ c~om~swry nott snd of thn Mwt9ape, then this N~onyaQt ~nd tM Estate hertby veated ~hall u~k u+d b~ null and void. ~ IT IS UNDERSTOOD that !FN wrord "Mwtypor' whether in the si~yular w wal ~n !w~ to this Mwt P~ Yw 9+~, shall b~ siny~l~r if on~ o~?Fy ind ~hell Fe plwd jointly ~nd ~verally if more tM+? one. +nd tMt th~ wad "~h~ir" as used a~ywMr~ in this Mwt9aye sh~ll be t~k~n to m~an •'ha,•• ••Mn;• or "irs," wh~rever the context w implies or admits. Also, thst wherever tha~ k a re(erenc~ in tM coven+nri uid ayreernents h~rein conqirnd to ~e~r of ~ ihe psrties hsrMO, th~ sam~ ~hsll b~ co~stwed ro me~n as well ss tFw heirs. Ipal r~presentativ~s, wccessor~ and ~aipro (~ither voluntary by w of th~ ~ narties o~ involumary by optration of th~ bw1 0( the s~ and that Ihe covenants herein co~t~i~ed sf?dl bi~d ~nd tt» ben~fib and ~dv~M~y~s inure ro the rap~cfiv~ hein, I~pal reprssentatives, wcceswrs u+d au~9n~ of the parties Mreto. Md ssid Mortyayws, fw thc~mklves and tFKN Fnin. Ipal r~pr~sent~tivd, succeuwa and usigru, hareby jdntly ~nd awerdly cov~na~t ~nd ap~~e ~ ro and with tM s~id MORTGAGfE, i?s succ~sson +nd ~uiyru: 1. To p~y ~II and ~inpula tM princ;pal snd intNea and the wrious and sundry sums of mon~y paY~bb by virtue of said promissory not~, snd thi~ mortgaye, Nch a~d every, promptly on tFM days resp~divety t!w ~sme ~ev~rally betort» dw. 2. To p~y ~II and sirgular tfw t~xe~, assessmenn. Iwies, li~biliti~s, oblipario~s and ~ncumbranc~s of every ewtw~ and kird rww on said d~w~d - proFtrty. a IhN F~eafter rnay M imposad, sufftrd. Plat~d, levied, a~swssed thK~on, a that her~~ftt~ m~y bs levi~d a assess~d upon thi~ Abort~ t ege, or tM indebNdn~ss ~eevred her~by, each ~nd ~v~ry, wMn dw ~nd payabl~, accwdieq to law, btfwe tMy b~corne d~l'apwm, and beio~~ ~ny M+t~Nt ~ arteches a any penalty is incwred; AND INSOFAR AS ANY THEREOF i5 OF RKORD THE SAME SHAII dE PROMPTIY SATISf1E~ AN~ OISCHARGED OF s RECORD AND THE ORiGINAI OFFtCIAI DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RKEIPT OR THE SATISfACTION PMER OfFICIAILY ENDORSEO GR CERTIFIED) SHAII dE PLACEp IN 7HE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in tFK wHN 1h~t ~ny th~r~of is no~ ~ pa~d, saY~fi~d and diuh~ryed sa:d MORTGAGEE rruy at ~ny t~me pay tFw same w any paN thereoi without waivinp w a((ectiny any optan, li~n, p~rity or } =+qht ~~der or by virtw of thi~ morty~ye and ths fvll amount oI e~ch and every ~uch payment shall b~ immediately due and pay~ble snd shall btar Int~rqt ~~om tl+~ d~t~ thtreof until paid ~t r~te of ~~ne per centum per •nnvm and royether w~th iuch interest ahall bt secured by the lien of th:s morqtap~. ~ z ~ . .