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HomeMy WebLinkAbout0219 M V ~ TMIS INDEMURE. h4d~ ~M 22 d~y of J~~ A.0. 19 betwNn , a a ng a a u ~ of ~ u ~ Coue+ry Flo~id~, M+~in~(t~r d~~iynated as tM "MORiGAGOR," and FIRST fEDERAI SAVINGS ANO IOAN I?SSOCIATION OF fORT PIERCE. • cwporat~on «g~nis~d and ~x~uinp ~nder 1M I~ws of tM Un~red Su~N oi Ame+ica ~r+d Mvir?p it~ printipal pi~c~ of bv~in~a in ~M City of Fort Piac~. S~. luci~ Govnty. Flaida, hs~~inafqr d~sipMred 1M "(N~T~y~,~E.~OO WHEREAS tM MORTGAGOR b ~~itly IndeW~d to the MORTGAGEE In tF» i~m of i 1~~ - , eood ~nd I~wful ma»y of IM Un~ted Sut~s adwnc~d by IM lNORTGAGEE un~o tM MORTGAGOR, •s evidenced by a cerum prom~~iuy note of eveo date herewith, of which tM followir?p in W« 15 OOO.OC1 `°vr, w~~~: No O1-23(~1~lt3lt s ~ _ '~7 Fat Pieres. Flwida. JunA 22 19~L_C_. Fa vslue recaved, 1, we, w eithe~ of us. {xom~se to pay, withoW delslcation, to the ade? of fIRST FEOERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE at Fo~l P:crce, flaida f e ium of 3_ ~L~ • Q~ with iMerest irom dale ~t the rate of __~96 Pe~ aonum, in monthly inst~llments a~ follows: S_ ~ 7' on tM lpth day of ALl~ust 19 and a ~~tie sum on rhe correipond~ng day of each month ~hereahcr un?il ths whole be ~ully paid. E~th ina~allment first shall be applicd in payment of the inte~e~t and then on the unpaid balarxe o1 tM principal tum. If de(ault is made ~n the p~ymenf of any instaliment w1?en due, and iuch defautt continues 30 days, then at the optan of the holder, and withw.l ~ny other nolece, all 1he remaininp insta{Imen» ih~ll be dus and pay~blc at once. P~ivilep~ is ~ivM to prcpay this note in who~s a in part at ~ny time witiwu~ pen~lty. Neither fwbeua~. ,qg scceptance by tF+e~ holder therwf ~ftN any d~fault in anY paYmen~ hereo~. shall be desmed exteniion. A tate ~ paYmero cM?ye of i shall be asseued tM 26th day of the month, if a re~ul~. b+nir+ess day, o~, if nof • repular buainess day. then rhe next businea day, on each monthly insrallment no~ tMn nuiv~d. Each maker, surety and endo~ter hereof, jointly and uverally, waivef demand, preuntment protest snd notice of prolest fw ranpayment, and furthe~ sgrees to any exten~ion of time of payment, eithe~ be(ore or after maturity, without ~otics ~o any of us; ~nd to p+y all tosti oi colfectior+, ~ncluding a re+sonable snomey i fes in the evenl of any def~ult he+eunder, and hereby severally waiv~s all ben~fit of iamrste~d and exemption under the tonstitution snd I~ws of each Sate of ths Unired States, +s ~g~init this obligation w ariy extension or renewat hsreof. " . • ; s/Sharon Anne Monroe Page ~~A~~ _ ~ - State ~nt~x atamps in rhe ~mou~~ ~ «A~~ . of S ~ are - - (SfAI)' effiaed fo f!» mwtya~~ t~cur~d htr~by. , (SEA~~ NOW, THEREFORE, tM MORTGAGOR for the purpwe of sicvrinp p~y~»Mt of said sum of = 1~ and tM perfonn~nu of th~ covan~ntt u+d apraements ha~inafta expressed, ind fw diven 9ood and valuabt~ coniider~tion~, by fMs~ presenn. does 9r~nt, b~.~sin, sell, remise, release, conwy ~nd confirm unfo tFN MORTGAGEE, its successors ~nd assigns, dl th~t certain bt, pien w parcel of t~nd, titwte, lyinp, and beinp in tM ~ $t'i . LUC ~ A and Stat~ of Flwida, dewib~d ~s followt: ~ Lots 20 & 20-A, Block 168, LAR$WOOD PARB IINIT 12-A, according to. the plat thereof on file in Plat Book 11, Page 35, public records of St . Luc ie County, Rlorida. By a~eement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an eaisting indebtedness,, but also ADVANCS3 to be H~RSAFTTR made by Mortgagee to Mortgagor the aggregate oP which will equal the principal amount specified in the promissory note secured hereby. RfCEIYEO = 3 4. O O ~N PAYMENT OF TI~ ' DU= On CIASS'C' INT~1'I~IBCE FERSpY4l pppF'ERjr~ ~ PIJR~'1AKt 10 CH+.,, -:-~3i. ACTS OF 1 7L ~ . - _ - ROuER POITRAS ~ - E r~ T~T r' r`~.! r,~ c~ } ~K GAWIT O~URT~ dT~ WCIt 00~ . .~~.r~ ~r111E~'vT~:r'.~~ ~ ~y: ~r ~t~~L'r:'- - ` - , - /r'.,~ J: ~n Z 2. 5 0 1 _ _ ~ ~ = p Q - " _ _.1?- ~ r~ ~ *cgetFur with sl) u~d singular the tenem~nb, herqd~tsmenn ~nd appurt~nccs therwnto belonginp a i~ ~nywise appertainir~q thersto, and all r~nb, iuws, pr«~eds ard profiri ~cauing and ro+ccrue from said premiaes, all of which are inckided in the abov~ ~nd fwpoirg description ~nd Mbendum. TO HAVE AND TO HOW the above dewibed and yranted p?emisea unto the said MORTGAGEE, its wccessws and assiyru for~wr. Md tF» safd MORIGAGOR fw her - he~n, executon, administrato~s and aui~ru, hereby cav~naMS with tM said MORTGAGEE, its s~xctiwn and auipns, rhar -~hQ is lawfully seized of th~ said premises in fee simple; that the same ars free, clear ~nd dischsrQed from ~II Ilern and ~nc~n? ' orances in law or in equity, and th~t 3he will and her ~~n ~yll wura~t and defend tht titl~ b NN sarr~ fo the s~id !,10RTGAC'sEE, i» wcceuors and +uipro, fweve~ ayainst the lawful claims ~nd demands of +II perw~u; PROVIDED, AlWAYS tF~at if tFw MORTGAGOR shal! p~y unto ths MORTGAGEE the promissory rate Mreinbefor~ destribed and ahall t~vly, promptly and fuHy pKfwm, disd+arye, execute, compl~te, comply wi~h ~nd ab~de by e~ch and wery the stipulatiau, a9rsemenn, conditiom and cw~nants of s~id promissWy rot~ ~nd of this Mwt9pe, then tAif Matya~e and the Esute hereby veated ~h+ll uase and b~ null aed void. ~G ~ IT IS UNDERSTOOD tFu1 ~he word "Mwt whetFxr in tM si ular a Iwal ~n her~ in this Mwt shall b~ ti ulu if on~ onl snd r~-''~' 9+9«~~ P Yr+ 9+9 Y x = shall be plur~l joi~tly and ieverally if rtara than one, ar+d that the wad "their" as ~ned ~nywhere in this Mortgpt ihall be taken to rn~an "hu; "'hen," ~w ~ o. "its." wherwer tlte tontext so implies or admits. Also, that wherever there ia a refqtrK~ in the tovenants ~nd preemenri iwrein tontained to ~ny of s\i s~ rhr parties Mreto, the ~ sMll be cautrued to mean si well ~s the hein, te9a1 r~presentatiws, successon ud uiprn (eithtr voluntary by atf of th~ 1~ ~ partiei a invol~ntuy by operation of the law) of the same and tFut the cova~anri hsrein contained sMll bind ~nd tht bensfi» and ~dvant~y~s inwt ~ ~ ro the rsspectiw heirt. Ipal representafives, tuccesso~s and au~yro of tFN parties Mreto. ~ Md saW Mo~ty~yora, fa themselve~ and their hein, kg+l r~presen+atives, succeswn and ~upna, hereby joiMly and ~tver~Ily oov~nant ~nd apr~e ~ ~o and wMh tFw s~d MORTGAGEE, in ~ucc~ssw~ and assqns: 1. To p+y dl ~nd sirgular th~ principd and interest ~nd th~ va~ious and sundry sums of ma~ey paysble by vinw oi said promiuory not~, ~nd this ~~orry~yt, each and wery, promptly on ths dayt respectively the sam~ sev~rally becorn~ dw. ~ To pay all ~nd sirgvlar tFK ta:es, auessmen». I~vies, liab7lities, obliyations ~nd ~ncumbrances of ~very natur~ and kind now on said dacrib~d ,~f~ properry, w that hereahN rn~y b~ impwed, wff~red, plated, Iwied, or ~usssed tl+ereon, a that here~fta may b~ leviad or assts~ed upon thb Mort¢ v~I aae, w tM ind~btedneu secw~d hereby. ~ach ~nd wsry, wMn dw and pay~ble, aaordinp w bw, befor~ they becane d~l'uq~Hnt, and b~foe~ any {ntuat arraches a any pen~lry is incurred; ANU INSOfAR AS ANY TMEREOF IS Of RKORO THE SAME SHAII BE PROMPTIY SATISf1ED AND DISCHARGEO OF RE~ORD AND 1HE ORIGINAL OFfIC1Al DOCUMFYT (SUCH AS, fOR INSTANCE, THE iAX RECEIPT OR THE SATISFACTION PAPER OFfICIALLY ENOORSf~ OR CERTIfIE~) SFU~II dE PLACED IN iHE HANDS Of SAIG' h10RTGAvEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the eveM tMt ~ny thtr~of is not pa~d, sat:sfied ~~d discharyed sa:d MORiGAGEE may at any time pay the s+me w any paA therwf witiw~t w~iriny a~ffettin~ ~ny option, lisn, squiry p •,ah~ u~der a by virtue of this mortgye and ~he full amount of e~ch a~d erery tuch payment thall be imn?ediately dve and payabk and shall bear interes~ ~~om the d~te thereof until pa~d at r~te of n~ne per cent~m per ~nnvm and toyether with such inte~est tMll be secured by the lien o( th:s morytap~. - ~ 4. _ t ' ` -'?.i ~ ~-v -