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HomeMy WebLinkAbout0362 ~~140 THIS INOFNTURE. /Nad~ ~h• 31s t d~y of A.D. 19?? bNwNn ~ , amas . r, r. an ar on . r y, s w e ~ of • uC A County Fiwida, Mr~inaftN d~~ipn~ted ~s th~ "MORTGAGOR," a~d FIRST FEDERAI SAVINGS ANO IOAN ASSOCIA1tON OF fORT ViERCE, • corpor~tion orp~niud u~d txit~inp und~r tM bwn o( tM Unit~d S~a~~~ of Am~rk~ ~nd h~vinp in principd pl~q of bu~ss b tM G1y of fat Pi~ra. St. luci~ Co~nty, flaida. MI~iMfiH dNipnaqd ~s tM " 9T 2CIE€ WHEREAS tM N10RTGAGOR b+uitly indtbqd b th~ MORTGAGEE in 1M svm of i ~~~p' 9ood +nd ~~wful mon~y of 1he Un~ted St~t„ adv~nced by tl» MORfGAGEE umo tM MORiGAGOR, ai avicknced by a tert~~n promiaory note of even d~te herewith, of whith 1M followinp in wad~ ~nd fipu~N ia ~ trw topy. to-wit: s 29, 200. C~0__ Ma 31 O1-23012 9~ fo?t Pierce, flwida, Fw valve recuived, 1. we. a eiihs~ ot us, p~om~se y~ ~ efskation, ~o the wda o( FIRST if~ERAI SAVINGS~ND IOAN ASSOC~ATION 2~~"b~ OF FORT PIERCE at Fat Pierce, Florid+, th[,~ ~su f s___ with intere~t iran date at tM aro of -~7G psr +~~w+n. i~ monthly installmeMi as fdlows: f-?!'*~~~------ o^ ~ah day of SApt'ember ~q~ a^d a tik~ wm on rhe cwrespa~din~ day of each mon~h theroa(ter until the whole be fully p+id. E~ch insullment fint shall be •pplicd in payment of the interest ~nd thsn o~ tM unpaid b~lance of the p?incip~l sum. If defavlt t~ madt ~n tM p~y~?ent of any initsllment when due. snd a~ch default tontinues 30 days, tM~ ~t the option of th~ ho:der. and without any o1hN nofict. all the remai~ing initallmen+i shall be dve and paysble st once. P~ivilege is plv~n to prepay this note in whols w in par/ a~ an~ rime without ps~wlty. Neither forbearance. nw acceprante by the holde~ thereof allN ~ny d~f~ulf in anr paYmer+1 herson, shall bs deaned exttniion. A tate paymen~ ch+rge of : 12 • 70 shall be asussed the 26th day of the mo~th, if a re9ular bwineas day. w. if not a repul~r businets d~y. then the next busineu day, on e~ch mw?thly inst~llmem nd tMn r~iwd. • Esch maker, :urety a~d endaser hereof, jointfy and ~everally, w~iv~i demand. prese~~mcnt Wete~t a~d notice of p?aest fa nonpayment, and funher a9~eas to any exteniiw~ of time of payme~t, eithe+ beiore or ~her maturity, without notice to any of us; a~d to pay all costs of cdkction. includi~g a ~eason+ble anorney's (e~ in the event of any default hereunder, and hereby severally w+ivet +11 beMfit of homestead snd exemption under the conatirutio~ and lawf of eath StsN of the Unired Slates. +s a~ainst thi~ oblig~tion w any ext~nsion o? renewsl hereof. . _ 1 ~ . ~ s/James A Kirb , Jr. - s Me~rion H. girby t~~~ State doc~qM~~sqrt~ps in th~ amov~~ . - of ~ ~~'S arc (SEAL) affixed to t!N mott9ay~ Ntv?~d l+~.~by. , . (SEAL) NOW, THEREFORE, ths MORTGAGOR for the purpose of NcvrMq pry~~n1 of s+k! sum of i 29 ~ 2~~' oo .~^d P~O?^'~^u of th~ covenanb and +pnemenri hertinafta expreased. ~nd fw diven 9ood and wlwbk cons~der~tiau, by tlws~ preseMS, doss grant, barpain, stll. remise, relea~, con r~d wr~~rm upto th~ MORTGAGEE, it~ succeuors and ~uipns, dl that cen~in lot, piece w putel of land. aitwtt, lyinp. ~nd beinp ln Ihs Coonty of ~~~i . LUC 1 A and St~t~ of F{«ida, dewib~d K tdtows: Lc~t 12, Block 87, LAK~YOOD PARK IINIT N0. 8, according to the Plat thereof as recorded in Plat Book 11, page 19 of the Public Records of St. Lucie County, Florida. By agreement of Mortgagor and Mortgagee on file with Mortgagee, t2~ within mortgage secures not only an eaisting indebtedness, ~ but also ADYANCTS to be HSFtB~AI~T$R made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secure3 hereby. RECEIYED U IN PAYMEIiT OF TAXES I D'JE 0"' ~`.'•;S'!;• ..'r•yr,18LE PERSONAL P40PERTY~ f - P~F~ !:i t-~~; C'"'1 14~t. ACTS OF t'J/1. ~ `V STATE ~F ~LD-t-r2- -~G~ ~ ~iJ1C: Ponrus ' " OOCUMENTAR~ STA~Y~P i ClEf~c CI~C:ili COUItT, SI. UlCIE 0~' u ~ E c tl'_??. ~~i R~YEYU= •,".'E'. - ' Yr ~ ~ ~ _ = ~~~-3•~~ ~ ~ ' 4 3. 8 0 ~ ~m -'P!B' ~ ~ _ 1 o - rogcfher with ~~I and iir+yvl~r tha tenem~nn, heredaaments u+d appurunces the~evnto bebrgirg or i~ ~nywise ~pp~rt+inieg tMre% ~nd dl r~nss, iuva, p~oceeds and profits auruinp ~nd to acuue from ssid premi~es, all of which +rt included in the ~bov~ and forpo~np deacription ~nd h+be~dum. TO HAVE AND the +bow described and yr~nted premises umo tM said MORTGR.GEE, its wcuswn and suiyns forsw?. And th~ saW ~r,ORTGAGOR for hein. ~xecuton, admi~istr~ton and usi9ns, herery covensnn with the s+id MORTGAGEE, its wocessws a~d ~~slpns. ~har thA~ SrQ- lawfully sei:ed of the said premises in fee simple; tMt tM same ~n fre~, ckar and discMr~ed from all li~ro and ~ncu~ tra~ces in law or in equity, and that ~'hey . will and their ~~~s y~ll w~rrant and d~ft~d tM titl~ to the ~arm to th~ s~id N,ORTGAGEE, its ~ucussw~ ~nd ~~siyns, iwever paimt th~ lawful cl~ims and demands of all perwroj ~ PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unro the MORTGACsEE th~ promuwry note her~inb~ton described and shall truly, promptly ' ~ ~~d fully pnfwm, dischar9e. execvre, complete, corrply with and abid~ by ~~ch and wery the stipufations, agreements, conditions ~+d covensnb of s+id ~ prom~isory rott and of tha Mort9+pe, the~ this Mwtgape ~nd tha Est~t~ haeby v~at~d sh+ll ceas~ ~nd b~ rwll ~nd wid. ey~ IT IS UNDERSTOOD that tht word "Morty~por" whethtr in tM sirgul~r or plwal ai+ywhtr~ in thu Matyaye, shall be sinpulW if orn a?ly ~nd ~ shall be plunl jointly ~nd wverally if more than one. ~nd that the word "their" as wed anywMre im this Nbrty+p~ sh+ll b~ taken to me~n •'his.•• •'hsn;' ~ x or "irs;' wherever the cont~xt fo impiies w~dmits. A~so, that wherever there is a ref~renu in the tov~nants ~nd ap?~nenh herei~ aonlaintd to ~ny of ~ rhe parties haefo, the ~arree thall be corotrwd to mean as well u the hein, kyal reptesentNives, wccessors a~d ~uipm (eiti+N volvntary by ~cf of tM parr~es or b+rolunary by ope~ation of tfie law) of the aame ~nd that the covenants her~in cont~ined shall bind and rM benefin .nd sdvnf.~.~ Im,n ~ ~ ro the resqctiw 1?~irs, Ipal reprKentativ~s, sucussors aod ~u~yra of tM p+rti~s hento. ~ Md taid Morty~yors, for themselves and thei; }~sin, layal ?eprstent~tives, succes~ors and usipro, her~by jointly and s~varally tov~n~M ~nd p~~e } ~ +o and with t!K wid MORTGAGEE, iri wues~o?s and aui~ns: 1. To pay ~11 snd sinpulu tM prineip~l ~nd intsr~st ~nd ths vsrwus ~nd wndry sum~ of mon~y paYabl~ by virtw of said praeniuwy ~ot~, and tl~is € ~ monya~, uch ~e~d w~ry, p~omptly on fM d~yi respcctively the s~ne sev~ralty become dw. ~ 2. To p~y dl ~nd wgvl~r tM taaes, assessm~n», levies, li~bilities, obli~atans ~nd ~ntwnbranc~s of twry natw~ and kind now on ~aid d~saib~d ~ prope?H, a that F?N~aha may be impowd, wff~?~+f, ptacad, I~vied, w~saessed thereon, w tMt hereafter rruy be lev~sd or ~+sesNd upon this Mort¢ : ege, w ~M indeb~edn~u secwd he.~by, sach and way, when due ~nd payabfe, accordGp w law, b~ia~ tMy b~c«n~ ddinquem, snd b~fw~ u~y Gnaen araches or sny ptnahy is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAII 6E PROMPTLY SATISfIED AND :OISCHARGED OF RECORD AN~ THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, iOR IN5IANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED OR CERTIfIEO) SHALL 8E PIACED IN THE HANOS Of SAID AhORiGAGEE WITHIN TEN 0/1Y5 NEXT AFTER PAYMENT; and in ~Iw event tluf u+r thawf if not pa:d. •at:sfad and dischar9ed s~:d MORiGAGEE may at any time p~y tF+t sam~ w any par~ thereof wilhovt waiviny a~ffeainq ~ey option, lien, puity w •~pht under w by virtve o} this morty~pe ~nd the full amo~,nt of e~ch and eve~y uxh paymem shall be immediately due and pay~ble ~~d ~hall b~ar imtrest ~ ~~om the dat~ fher~of until paid at rate of n~ne per centum per annum ~nd topether w~th such interest shall be sccured by the lien o~ th:i morytap~. ~ .~,_u . _ _