HomeMy WebLinkAbout0552 s~VC7sy~ r ~
THIS IN~ENTURE, M~d~ th~ ?nd day p{ June ~p. 19?7
. l..~
William fi. i~ise an Mary F. W se, h s w fe
of St _ LuC ~ e ~ C~n~y Fiw;d~, hK~in~ftN d~~ipnat~d as ~M "MOR~GAGOR," •nd FiRSt FEDERAI SAVINGS ANC IOAN
ASSOCIATION OF FORT PIERCE. • cwpw~rion wqanizrd ~nd ~ai~~irp und~. tM I~ws oi tM Ue+it~d S~~ta of Arn~rka ~nd Mviop It~ principa{ D~~a of
bu~ in tl+~ City of Fort Pi~ru. St. luw Counry~ Flpifii. MffiMfiN i~fli~n~t~ tIN "MORTGI?GEE." ,
WHEREAS rM MORTGAGOR b~ntly ind~bt~d W tM MORiGAGEE in the ium oi i~~ 6~ poo~ +i+d ~~wf~i money ot tF?~ Unlted
Stata advanc~d by ~M MORTGAGEE ~mo ttw MORTGAGOR, ~s •vid~nced by • cerr~in promiuory not~ of aven dat~ Fwrw.ith, of which tM (ollowinp In
worda ~nd fipw~a N a trw copy, to-+aits
s_ 48 , 600 . 00 _ ~2- 2301 1 677
Fo.~ Pierq. Fi«~d., June 2 19 77
fa valw recaved. I, w~, a e~the~ of us, prom~se ~o p+y, wi~hout def~lcuio~, to tM adK of FIRST fEOERAI SAVINGS AND LOAN ASSOCIA710N
Of fO1tT PIERGE at fat Pierce, Flaid~, s um^~ i 48 ~ 6O0 - W;+h intere from d~te s~ the r~b of 8' 75' % pe~ +nnwn. i~
`t~ • w ~u~y 19 77 w~d ~ iik~ wm on
monthly insbllmeRts as fdlowi: i a+ ~6s 10~h day of
rM co~re~pondirg day of each month tt?ereafte~ until tAe whok be fully paid. ~ .
E+tl? in~tallm~nt (irsl shall be ~pptied in paymenl of rhe interest and then o~ the unp~id Ealanc~ of ti» printip~l sum. If d~(ault is mede
~n ths p~yment of any i~st~Ument wAen dw, and such defa~N conlinues 30 d~ys, then af the option of tFw ho~da. and without any othtr notice.
all the rem~i~ing inftallments shall be due +nd paYsble at once. Priviley~ is yiwn lo prepsy tAis note in whols w in part a/ any lime wiflw~t
penalty. Neither f«beu+nce, nor acceptance by the holder tFwreof ainr ~ny d~fault in any paymen~ Mreon, sMll b~ de~med eat~niion. A I~t~
paymeM charge of i shall be ssu~sed tM 26th d+y of th~ montA. ii a rcqutar busineu day. w. if rw1 ~ nyular bviineu d~y.
then tM nex~ busineu day. on each mon?hiy iiutalM+en~ not tMn naiv~d.
EacF~ maker, wrety ~nd endasen c~reof. joinNy ~nd sevenlly. w~ives demand, presentmec~~ protNt and notioe of prot~~f iw rwopsymeM, u~d
funha~ sgrees to any exteniro~ of time of paymen~, eitlxr befae a~fte~ matwiry, without not~ce to any of usi snd ~o p~y all costs of collection,
~~cludiny a~easauble' attorney's (ee ~n t1~e even~ of any default hereunder, and hereby severally waives +11 be~efit of fam~ttead ~e~d ~xemption under
the co~stitution and laws of eaci~ State-of the United Ststes, as ag~intl this obli9atio~ w aoy extN+san o~ n++ew+! Mreof.
3/ Wi l l i am H. Wi se
(SEAI)
Statt documentary atamps in rl+e amoun~
of ~ 72.90 are S,~ arv ~.--1AT3SQ
aifixed to tM mort9ap~ s~cur~d M~~by. «l)
NOW, THEREFORE, the MORTGAGOR for the purpose of ~ecurirq p~ym~nt of ~sid wm of t~' 6~ +~d P~^p af th~
covsnanb ~nd +ynements hereinafte~ expresud. u+d fw divers good ~nd valv~b~~ coniid~ratio~s by the~ ptsents. do~s prant, bary~in, s~ll, r~mise,
refea~, tonwy and to~firm u~ro tM AAORTGAGEE, iri successors and assgm, al! that urtain lot, piec~ w puu~ of lud, situat~, lyinp, N?d beinp ln th~
C~y ~ jt . Lue i e ~ State oi F{wida, describ~d a~ ~ollowt:
Lot 18, Block, 1, GRBENt~OD SUBDIVISION, accordiny b the plat thereof on
file in Plat Book 11, on pa~e 41, public records ef ~t. Lucie County, Florida.
By ac~reement of Mortgagor and Pbrtgagee on file with Mortgagee,
the within mortgage secures not only an existing indebtedness,
but also ADVAN~.ES to be HfiR6AFTSR made by Mortgagee to Mortga~or
the a~gregate of which will equal the principal amount specified
in the promissory note secured hereby.
~
I
~ -
STATE FLDRI~~`> i
DO~_UMENTARY.; STI:ML 1 ~ R~~~'~','~'~,y,~~, /
y"' ~ ~E?I_
::F P~YEtVJ~ -1,~-j'~,:~ , ~ RE~~p f ?NTA~~
~ w~ ~ ~ .
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c_ _ - 3~ i' q IlE C~ s• 71-~
~m c° = Pe = .iUN• IT r.~'r~` ~ ~ L. ~ Q ~ ~ ~ j0 ~ ~
' ( 4URSd ~ f~+
o = i:1•:' ~
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rogesMr with all and iirpular tM t~nem~~n, her~dit~ments and appwt+nces thersunfo belonginp or ~n anywu~ ipPafaininp the~NO, and ~11 nn», isswa,
proceeds ~nd profin ~cauirg and to scuw from said premiws, ~II of which ~n incluJed in tM abov~ and fwparg dewiption and I»b~ndunw
TO HAVE AND TO HQl0 tM above dswibed and yr~nted p~anises unto tF?~ said MORTGAGEE, its wcaston a+d a~sipr?s forewr• Md th~ s+fd
hSCRTGAGOR for the~I ~irs. ~xecuton. +dministraton ard aupea, h~reb~ tov~n+nts with tM s~id NWRTGAGEE, its wasuas and asiprr, .
rhar ~~1~-'V-~ I~wfully s~aed of th~ uid prem~ses in f~c sirr~pl~: that tM sam~ He fre~, char ~nd dischsr~d from dl li~ns and ~ncum~
brance• io law a(n eqviry, ~nd tha• they will and trelr hein ~hall warant and d~fsnd tM titl~ 1o t1r s+m~ to tM s~id
MORTGAGEE, ib svtcesson and aupm, for~ver ay+inst tFN Iawful clairta and d~mands of ~11 perwro;
~ROVIt3fD. ALWAYS ~h~1 if tM MORTGAGOR shall pay unto th~ MORTGAGEE tlK promiuory ~01~ hsr~inbeiw~ dtsuib~d ~nd shdl truly, pranptly
and fully p~rfwm, dischar~, ex~cut~, complet~, comply wi~h ~nd ab~ by each ~nd every the stipulations, apretmenfs, conditiom a~+d ooven~r?n of said
promii~Ory rat~ ~nd of thb Mo~tyag~, then tF~is Mortyay~ u+d the Estate ha~by a~at~d ~hall oeas~ u~d bt rw{I arn! wid.
IT IS UNDERSTOOp t!?st tFK word "Mw~9ayo?" whNhsr in th~ ~inyular w plw~l anywh~r~ in thu Mwtyaye, shall b~ sinp~lai if on~ only ~nd dsC
sha11 bs plural iointly and wvewlly if mor~ than one, and that tlw word "their" as used anywMr~ in tha Mw~s+p~ ahsll b~ taken to me~n "hia," "iwrs," $~p ~
or "~ts." whereve~ th~ cont~:t w implies p admits. Also, that wherevet then is a r~fKenct in tM covtn+nn ud pr~ernsnb hKein oontairnd ro any o1 ~ j
,ne Fe.iies i+ereto, ti~a ssme ~i?~ii be cwatrwd to mt+n as w~ll as th~ Fwin, kyal r~presentativea, s~x.c~uon snd ~ssipro (tither vol~ntary by ~ct of tlw ~
- ~s~r~e~ w kwoluMary by op~r~tion of the bw) of the wr» ud th~t tFu cove~+ms Mr~i~ contained ~hall bind and tlw b~nefib ~nd ~dvanqp~s kwr~
ro the reap~ctiw hein, leyat r~p?esentatives, succsitws and au~yiu of tFw pani~s hereto. i
Md uid Mortyagon, fw tl+ems~lves ~nd tMir hein. Ipal r~prewntativa, wcusson ~nd assipns, hereby jointly and kvsrally aoven~nt u+d aprN
ro and with th~ a+id 1NORTGAGEE, in successon and +uipru: ~
1. To pay ~II si+d sirpulu ths pri~cipal ~nd intK~st arid th~ wrian and wndry wrtu of ma~sy p+Y~bb by virtw of said promiswry not~. ~nd M+is
mortgay~, ~ath ~nd wtry, pomptly on th~ days retQKtively tha same Mv~rally bstorn~ dw.
2. To psp ~11 and Wgvla tM taxes, assesunenn. Iwies, liabiliries, obigatiau and N+nimbr~nas of twry natvr~ and kind now on s~id dMCr~d
oroparty, a that hsr~ah~r may b~ impo~d, wfier~d, pl~c~d• Iwied. w a~ess~d thereoe, a tMt here~flN may b~ kvad a~swWed upon N~is Mort9-
age, w tM ind~btedn~ss ~ecw~d hK~by, sxh ~nd wery, when dw and pry~ble. ~cwrdinp to Isw, befon M~y b~can~ d~linqwnt. ~nd b~fon ~np fnqr~st
artaches w a+~y penalty is inturred; AND INSOfAR AS ANY THfREOf IS OF RKOR~ THE SAME SHALI bE PROMPTtY SATISFIE~ AND DISCHARGEO OF
RECORD AND tHE ORIGINAI OffICIAI OOCUMENT (SUCH AS, FOR INSTAN~E, iHE TAX RKEIPi OR THE S~~TISfACTION PMER OFfIG1AtLY ENOORSED
OR CERiIFIEO) SHAII SE PLACEO !N THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; u~d in tht ~vem that a~y Nwr~of b rw1
pa~d, at:tfisd and discMuqed ~a:d MORTGAGEE may ~t any t~me pay tht tarrr w any pan ~h~reof without w~ivinq a aHectiny ~y optan, IiM4 puity ot
•~qhr u.~da w by virtue of tlm mortysye and the fvlt amount of each and sveiy wch payment shall b~ immediately dw ~nd p~yabb ~nd ~11 bNr intKat
~~om the dat~ tFwnof vntil p~id ~t r~te of mne pe~ centum pe~ arnwm and topelhtr w~th tuth inte~ett sMtl bt secured by tM lieo of th:s mwytaye.