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HomeMy WebLinkAbout0387 v ~ ~VVV . ~ THIS INpENTURE, N4d~ th~ 1it11 day of July . A.D. 19 77 , bstw~ Gerild B. Snydez, Jr~ p~d Oebosah A. SAyder, his wife t . of - SL .~.UC~• „ C~~y flaid~, Mr~inafrM dKgn~ted tM "MORTGAGOR," ~nd iIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PtERCE, ~ capaation orpani:~d ~nd exis~irp unde+ tM lavw of rM Un~~~d S~a~N of M+~~ic~ ~nd havU+p If~ principal pl~ of b~nirnu M tM Ciry of Fpt PiKp, St. l~ci~ Counry, Fbrida, hHtin~her dhiyn~t~d tM "MORTGAGEE:' WHERE/15 fM N10RTGAGOR is j~ntly i~?dest~d b 1M MORTGAGEE in th~ !um of = a8+6~•~ , yood ~nd I~wfvl mon~y of th~ Un~ad S~~t~s advanced by th~ MORTGAGEE unto IM MORTGAGOR, ~videnc~d by a ceru~n p~omiuory noq of ev~r? da~~ htr~with, of whith th~ fdlowinp ie word~ ~nd fipwN i~ a trw oopY. to-wit: s 28 O 00 r,~,_ 04-23014309 _ F«, P~e.n. Fi«~d.. Juiv il . 19 ~7 for v~lw recaved, 1, we, o~ either of us, p+omise to pay, without defalca~ion, ~o ths ader of FIRST fEDERAI SAVINGS ANO IOAN ASSOCIATION F~itT FiEitCE at F~+t F~e~ee. fir,.ida. ~he sw~+ ot :__28.~~OsOO wi+h interes~ fiom date a~ ii~ .att oi 8•7~ 9L {itr ~+?nu~. in monthly installments ~s ~~io,,,,,: s__ 236.~~ - on ~he tOth day of _ ~ NOV@S~t 19~_ ~nd • lik~ sum on rhe conaspondinp d~y of each month there~ite~ until tF?e whol~ be fully paid. E+th irtstallmem (irst shall be applied i~ paymenl of the interesl and then on tF?e unpaid bab~ce of the principal swn. If def~ult is made ~n tF?e payment of any in~t~l~ment when Jue, and such default co~tinus~ 30 dsys, tMn ~t tM option of th~ hotder, and without any otM~ notice, sll tM r~maining installments shalt be due ~~d payable at once. Privileg~ if yiven to pr~paY the~ note in whols a i~ part ~t any tim~ without penalty. Neither fwbearance, nor acceprance by the holder thereof ~f1er any d~h~lt in any paymen~ hereon, shatl bs de~med •¦rsnsion. A late paymeM charye of 11 shall be asuued tM 26th day of the month, il a rpular butiness day. a. if nW ~ rpular business day. then the neal buairKU day. on each monthly installment np1 th~n npiJ~d. Each maker, s~~ety +nd endorsen c~reof, joimly and uver~lty, w~iws dawsnd, presentment protett and notiae of prolest iw nonpayment, and further ~grees to any extension of tims of payment, either before or aher mawrity, withoul notice to ~ny of us; snd to pay all cotts of colkctan, includinp ~ rea~onable anomey's fes in the sven~ oi any d~fM.h hereunder, a~d hereby sevcrally waives •II benefit of lwmestead and exanptan under ~he conslirution and laws of each St~te of tha United S~ates, +s ~g~ ~ns~ ~his oblg~tion w any extension w ren~wal MreoF. , . ? . s/ Gerald B. Snyder, Jr. S+aTe documem~ry st«nps in rhe amoun? (5~?~1 of s 42 •90 s D¢bozah . A. SAyder es~?u affix~d b tht mortp+p~ s~tur~d h~r~by. ~q~~ NOW, ?HEREFORE, tM MORTGAGOR fw the p~rrpo~s of acurinp {}aymMt of uid wm oi i 28 ; and thi pNform~nc~ of tl» cov~nanb ~~d ~prsements h~r~inafter ~xp~eued, and fw divers yood Md v~lwbl~ conside~atiwq, by fht~ presany, do~s pr~nt, baryain, t~lt, r~miss, reteas~, conwy and oonfirm unto tl+~ MORTGAGEE, its succeuors ~nd aui~r+s, dl tAat cert~in Iw, piaa a puwl of land, situab, IyLg, and bi~rg in tM Coumy d $t . I.ucie ~nd Stat~ of Plorida. d~wibd ss follows: Lot 2, Block 328, POR? ST. LUCIB,~S~C?ION 25, according to the plat thereof on file in Plat Boek 13~ Page 32, Public Records of St. Lucie County, Rlorida. By agreesent of Mortyagor and Mortgagee on file with Mortgagee, the within sortgage secnres not only an existing indebtedness, bnt a ls o ADVANC6S to be HBRB- A~2BR aade ~ Mortgagee ta Mortgagor, t~e aggregate of which will equal the principal asount specified in the prcaissory note secured hereby. _r ~TATE FL,~:r-?;~;.'- t 5~'~'~ INPAYMENT~T~ , . C C ~ N, E f. ~ A R. - ~ S ; M r• ' i . ~ RECEIYED , ~ iY . INTA!iG18' E F' ~~.1A1 PROPER ~ ~ Z.' ~J :~:..~r.-i=F K~vEt~u±~ - , pUE pIl ClJ1SS H:;iS OF~91L I _ - s , RSUANT TO CHM~ ,i-:31. ~ ` c~ ~ = ye =,;Ui : u'T7 F'~ Z. S O ~ ~ ROGfR POfT,~'iA$ ~ = ' ~'•{a - - IT COURT. ST. LUCtE 80, (;LER1( CIfiCU ~ ~ ~ ' s . rogether with •II u+d unpular the tenemenn, her~ditaments and appurtsnc~s tha~eunro beloopirg a in anywi~e appKt~irwrg tFwrtto. ~nd all rents, issues, p,«eed~ and profin acavinp and ro accrv~ from s~id premis~s. ~11 of whidi ue indvded the ~bov~ ~nd fonyoinp d~wiption ~nd habendum. TO HAVE ANQ TO NOW tM +bov~ deuribed and yranted premius unto the said N1pRTGAGEE, iri sucuswn uid ~ssipru for~ver. Md th~ sdd MORTGAGOR for h~in, txacvtors, adminfstr~rors ~nd a Lhelr ,sigm. he..by coven.nta with tb. said MORTCACEE. k..uoua«..ne a.ipn.. rhat lawfull seized of the s+id tt1tY a!e y prNn;ses in Sec simpler th~t tM sam~ ~r~ hN, ckar and diuharpsd from all li~ns and «xvnr brances ~n law or in equity, and tha* tb@y w;~~ the~! ~;n sha11 wur•nt and d.f•nd tM tirl~ a th~ s~ to th~ saW MORTGAGEE, ita succe~aws and ~ui~r», iwwer a9airuf tlw lawful claims and dtmands of ~II persom; PROVIOED, ALWAYS that if th~ MORTGAGOR ih+ll pay u.ito th~ MORTGAGEE th~ promissory nor~ hertinb~fon dMCrib~d and ~hall trvly, prwnpMp ~ a~d fully p~rform, disch~~p~, exec~te, complett, comply with and ~bide by ~sch and tv~ry th~ stipulations, preemtnri, tonditian and ~M of said prom~swry not~ u~d o} t1~is Mortyap~, th~n thn M~ortysy~ ~nd the Estate her~by v~at~d sh~il ua~e ~nd b~ null ud void. ~ IT IS UNDERSTOOD thal the word "Mortpspor' whether in tlw sinpular or plwal Mywl~lf! i11 tl~iq MOft9~~. ~hall b~ s&gvlar if on~ only ~nd ~O shall b~ plw~l iointly ~nd severally if mw~ than one, and tF~at tM word °their" ~i usid ~nywhen in tha Matyye shall b~ qken to me~n •'tw,•• •'Mn;• o w"its:' wherever the conte:t so implies a admib. Alw, that wfierever th~r~ is a reft?ante in tl~e tovsnaoN ~nd ~yr~em~np F~erein coMain~d ro~ny of ~7O ~ the soarti~s Mreto, th~ sams thall be conatrued ro en~~n p well as the hein. I~ysl r~pnsentativts, autc~uon ~nd sssiprq (sitMr v~oluntary by ~p of th~ ~ ~ parfiet w involvntary by op~r~tion of ~hs law) of tFw same and that ~M coven.nn M.~~n confained ~h.ll bind and rM b«»fin and .dvampa trw,n ~ ~ ro rha r~sp~ctiw Min. Ipal repr~sentatives, successon and au~~ns oi the pkti~s hNeto. Md said Mo~ty+yws, for thanu~lws and thei~ F~eirs. Ipal rsp~esu+tatiws. sucusson and ~ssf~ns. Mreby joindy and t~wrally cov~n~nt and ap~k ~ ; ~ rc a~d wkh tlu said MORTGAGEE, its svccessors ~nd ~aiym: ~ # ~ 1. To p~y all ~nd skpulu t!k princ;pal and intKest ~nd the varian u?d wr,dry w~a of mo~,.y wr+ble br vi.n,e of Nid promis~wy nott, and this ~ ~ ~,ertflp+, t~ch and wNy. Wa^Pt~y on th~ days resp~ctiwly th~ ~am~ sev~rally becorrK due. ~ 2. To p~r al) ud ~irgulu th~ tax~s. ~ss~ssments, bvi~s. liabiliri~s, obliyations ~nd ~ncwnbru~us of w~ry natw~ and kHd now on Hid davi~d W € a~oPenY, a that I~~ah~? may b~ impw~d. wfferd. P~+pd, tevied, a aaeiwd tMrwn, a that lwr~ahN m~y b~ kvi~d a as~swd upon M~is Morrp~ ~ - soe, or tM w+d~bt~drws~ s~cvnd Mr~by, each ~nd evay, wMn ~w and p~yabl~, aaordinp ro taw, b~fa~ th~y beca+w d~ltnqusnt. ~nd b~fon anp inlwat ~ ~ arraches a~ny penalry is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SMALL af PRO1NPTlY SATISf1E0 AND OISCHARGED OF ~ ~ECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEIVT OR TME SATISfACT10N PAPER OffICIAIIY ENOORSED OR CERTIf1ED) SHALL 6E Pl/1CED IN TNE MANOS Q~ SAID AAORTGAGEE WITHtN TEN DAYS NEXT AFTER VAYMENT; uid in tM evem th~t any tf~~of ia rat ~ paid, sat:sfied and disch~rped ~aEd MORTGAGEE may at ~ny tim~ p~y th~ ~aeer w any pNt thereof witbwt waivinp a aHedirq ~np option, li~n. ~qiritp p •~ahr u~der a by virtw of this mort9~ye and tF~a full ~mwi~t oi each and every wch payment ~lull b~ immediately dw and payable ~nd ~lull bw im~rat ~•om tht date thenof vntil p~id at rat~ of ~in~ per cen:~m per ~nrwm and topether w~th such intaest shall be secured by the li~n of th:s maptpe. ..,,Y,~„ ~ ~ _ _ . . - - -;.ji - - ~;i - ~,c;