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HomeMy WebLinkAbout0550 • 4 ~~~s THIS INDENiURE, Nt~ tb~ lit day oi ~ , A.0. 19 77 - bttwNn GssLr L. Ca~.pb~ll and Pe9~i Ca~pbell, his wile of .~It • WC~• C~~y Fbrida, Mreinafi~r d~sipnat~d as tM "MORTGA~f' ~~d fIRSY fEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE. ~ oapor~~ion w~nis~d ~nd ~ai~tinp u.d~r tM I~vw of ~Unit~d S~~~a oi Am~~k~ and Mvinp it~ principd pi~ of busie~ In tIK CMy ot Fat PiKn. S~. Luci~ Couoty. Flaid~. ha~inahN d~~ipoat~d a tFr RiGAGEE." WHEREAS th~ lNORTGAGOR is ~ustly ind~bqd b th~ MORTGAGEE in tM Of ~9~~~ 9ood ~nd lawf~l mon~y of tM Un~ttd SutN adva~c~d by tM MORTGAGEE unto tFw MORTGAGOR, ~s ~vide~c~d by •~~J prombwry noM ot ev~n de~e hsr~with, of which 1M (olbwi~p In wwds uid fipwq i~ • hw ooPY. to-wit: - s _ 29~900.00 _ N, 04-23012978 Fort Pisrc~. Flaida. `~~B 1 19~ Fa valw ~~c~ivsd, 1, w~, or ~iti?er of us, promiu ~o pay, without d~f~lutioe~, Id tM OrdN oi FIRST FEDERAI SAV~NGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pi~~c~, Flwid~, the wm of f-?Qi-~OO•~~ _ wirh interest irom date H tM rat~ oF 8•7S 96 p~r annum. i~ monthly installment~ ~s (dlows: i-~46•~ on the lOth day of S~t~~Y - 19 77 ~d • lik~ ium on rhe correspond~np day of each month therea(ter uotil the whol~ be tulFy paid. E+ch instaUment (irst shall be ~pplied ie paymeot o( Ihe int~r~ft ~nd then oo Iht unpaid balanc~ of tht principa! ~um. If dt(auh is made - m tlk paym~nt of any insUUmeat wFKn dw. and auch ddault continws 30 days, thtn at tht option of tM holder, and without any othtr notice. all tAe remainieg installme~~s thall be due ~nd p~y~ble +t once. Privile~ is yiv~n to p?epay thit not~ in whole w i~ p~rt at any time without penalty. Neithe~ forbea?ar+c~. nor accepunce by fhs holder tMreof sh~r any d~f~ult in ~oY paYment he~eon. ~hall be desmed exlension. A late payment charq~ oi 12' ~ shall be asse~~ed th~ 261A day of the month, if • regular busineu d~y. w. ii ~ot a re9ular busineu day. rhe~~ tht neat buii~eu day, on each mo~thly irqtdlment not thsn na~fv~d- E~ch make~, wrety and endase~ hereof, joindy ~nd ~everally, waivN demand, preuntment prasst ~nd rwtioe of praest for ~wnpayment, and FunhN ~prees to any eictension o! tims of payme~t, either be(ae w ah~r ma~urity, without notice to any of us; ~nd to pay all cwts of colkct'an, ~ncludirg a reasonabb attorney i fee in the event of any dsfavlt herwnd~r. and hereby sever~lly waivas all benefit of homestsad ~nd exemp~ion under rhe oonstirutan ar.d laws of aach Stat~ of 1M Unit~d Statet, as ~q~~nst this obli~ation or any ex~ension w rsnswat hercoi• Gary L. Ca~bell ~Ai~ Stete documentary stamps in the ~moum «A~) oF : 44.65 ife s/ Pe99iY ~nbell cs~r?~) - sffix~d b fFw mwtpa~ Ntvnd Mr~by. (SEAl1 NOW, iMEREFORE, the MORTGAGOR fw rhe purpose of secv~lnp payment or said swn of ~ 9~ . snd tM p~rform+nc~ of t!w covMants and +yra+ments hasinafter expresud. and fw div~rt Qoa! snd wlwbl~ consider~tiom, by fMs~ pr~sents, do~s praM, barpain, sell, nmise, releas~, oonwy and conf'um w?to tM MORTGAGEE, its wcceswrs ~nd aui9ns, all that ceha~n lot, pieoe or puwl of land, sitwt~, lyirq, ~nd beinp in ths c«,ny ot St . Lucie .nd St.t. of Fb.id., d..a3t»d ro~~ow.: Lot 8~ Block 475~ POR? S?. LLICIE~ SfiGTIQ~1 26~ according to the plat thereo! on file in Plst Book 14~ Paye 4, Public Records o! St. Lucie Connty~ Rlorida. By a~ree~ent of Mortgagor and Mortqaqee on lile with Mortqagee~ the within ~ortyage secures ~ot only an e~dstiag ind~btedaess, but also ADVANCBS to be HBRS- AF?BR sade by Mortyagee to Mortqa9or, the agyreyate of ~Ihich will equal the principal aawunt specified _ in the pzoaissory note stcur~d hereby. i ~ ~ ~ I r, ~ ~ A E ~~F FLOR~~s~: ST~MC`~t.> ~ .,Z OOCUMENTARY : pf~ v rt~€ti~~ :,r 1 G~Mr+r~ ~ _ ~ = 4. 8 5 1 ~~°a~ss ~t~s' ~ ~ ~,att.~t ` . ' 4 = JUN-3'7T m ; ~ o ~=,`8~ = ~ on a~ t c?~o~'PCtt~u?s pu s~. u~ c°" M. ; a I rogotMr with ~II ~nd w~pulu tM tenements, heredium~nb ~~d appwtancss therwnto b~laginp c~ in anywise appKtainir~y N+erNO, aed dl ~~nts, iauas, # pr«eeds and pofits ~tauinp and to ~cvw from sald premues, sll of whid~ u~ inclvd~d in th~ abovt snd fapanp dsscrlption and MbMdum. TO HAVE ANO TO HOID tM ~bove dew~bed +r+d 9rsnted p~ernises u^to tM said MORTGAGEE, its succ~sw~s snd auipns fortwr. Md th~ s~id MORTGAGOR fq their ~xKUtors, ~dminiatr~ton and usiyr», Mreby cov~nsnri with tF~ s~id MORTGAGEE, it~ waeswrs a~d ~s~ipm, _ iher thev~g lawfulfy s~ized of tM said prem;ses in (t~ sirpplr, that the sarrw ~re fr~t, clear and disch+r~d from all liens and anturr? brancef in I~w a in eq~ity, and th~t th~ will and t~lell Min shall w~rranf u~d defend tM titb to tM s+m~ to tl» said IrORTGAGEE, in succeuoss uid ~ssi~ru, forewr ayainst ti+~ Iawful claans ~nd demands of ~II persa»; . PROVIDED. ALWAYS tMt if tFr MORTGAGOR shall pay u~to the MORTGAGEE th~ promiswry note hsr~inb~fo~~ d~wib~d and shall nuly, promptty e ~ a~d fu11Y pNform, d~sdMrge. ~x~cut~. compl~t~, co~nply with and ~bide by each ~nd ~very th~ stipul~tions, apraem~nb, condniau and covenann of s.id ~ , p,-omissory ~oM and of this Mortgag~, thm this hw~tgag~ and the Esate h~reby vuted ahall ceu~ ~nd be null ~nd void. ~ IT IS UNDERSTOOD tMt tM wwd "Mortyapor' wh~ther in tht ~i~gular w plur~l ~nywher~ in this Mwtyap~, sh~l) b~ sirgulx N on~ only and shti~ be plur~l jointly ~nd s~wr~lly if mon than on~. ~nd thst tM wwd "their" ~s used anywMr~ in thh Mortya~e shall b~ uken ro mean "his,'• •'F~n:• vd~ or "irs;' whereva tM tontt:t q implits a admits. A4o, thH wherever there is a r~ftrent: in ths covenann snd pr~emenn Mr~in containd to any of c~ rhe pa?ties here% tM s+mt sh+tl be consrrued to mean as well af ~h~ Min, Ipa) r~p.esenrariws, wcceuw~ and auipro (sither vol~ntary by acr of th~ ~ p~riiei w Involu~ury by opa~tion of t!» law) of tFw san» and that th~ covs~?~~b her~in contairnd shsll bind and th. b.n.f~n •nd adv.nryes inw• ~ +o rhe rap~etiw Min, Ipal repr~se~+tativeu, succeswn and ~u~yro oi tiw parti~s hereto. Md ssid Mortypors, ~a themselves ~nd thsi? Min, lepsl represernative~, successas and augra, h~nby jointly ~nd s~ve~ally covensnt and apr~ ro and witb th~ wid MORTGAGEE, ~rs succssso.~ and ~upro: ; 1. To pay al) ~nd sinp~rlu th~ princ;psl ~nd inttrest and the various a~d sundry wms of nan~y payable by virtw of said promiuay note, ~nd tfiis ~ mortg~y~, tath pid twry. promptly oe~ tM days tespectively the sarne ttv~rally becortw due. 2. To pry ~11 and swpvlar th~ taxas, as~sun~nM. Iwia, lubilities, obligatioea and encwnbanus of ~wry n+tw~ and kind now on uid dacrib~d ~ ~rop~rty, a IhN hK~afiN m~y b~ impoNd, wff~nd, pl~ced, Iwied, a swased tl~erew~, a tMt Iwr~ahK may b~ kvi~d a~ssesNd vpon thb Maq~ egs, w th~ ind~bt~dr?~ss sscw~d hereby. ~ad~ ~nd ~wry. whan dw ~nd p~yable, accadirg ro law, btfwe they becam d~linqwm, and b~1a~ any imMest 1~? a~~ac?KS a~Mr p~nalty is incwred; AND IN50FAR AS ANY THEREOf IS OF RKORD THE SfiME SHAtI SE PROIN~TLY SATISf1ED AND ~ISCHARGE~ OF ~ kECOR~ AND THE ORIGINAI OfFIC1At OOCUMENT (StKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFAC?ION PMER OFFICIAtIY ENOORSfD OR CERTIFIE~) SNAU bE PLACE~ IN THE HANpS Of SAIO MORTGACsEE WITHIN TEN DAYS NEX1 AFTER PAYMENT; ~nd in tht ~vsm that ~ey tMteof is nM pa~d, saCtfied and dischar~d ~aid 1NORTGAGEE m~y at any tim~ par tF+~ same or ~~ryr part ?hereof withovt w+ivin~ o~ ~ffectirg any op~ion, lien, puity ot ~~qhr unda a by virtw of thK mortyaye ~nd tFs~ fu11 ama,nt of e~ch and every such paymem shall be immedutely due and payabl~ srsd shsll bear intar~st i~om the d~t~ tlwrw( until paid a~ r~t~ of n~ne per cenwm per annum and roye~her w~th such inte.~i~ ahall be secured by the lie~ of th:s mwytap~.