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HomeMy WebLinkAbout0884 :3~"~fi5'7 ~ THIS INOENTURE. IWd~ tP~~ 12th d~y of `~ly A.D. 19 b~twMn Tezry R ~ Teazsa ~ ~1T~iral~ ac3n1# . ~ o} St~ ~_ucie ~ ,~p~~?y fla~, M~~~MfiN dtsign~~sd ~s th~ "MORTGAGOR," •nd FIRST iEDERAt SAVINGS ANp IOAN ASSOCIATION OF fORT PIERCE, a corpw~fwn orpa~i:ed ~nd •xi~~inp undN tM laws of tM U~~~ed St~t~s of Am~ric~ u+d havinp fM princ7pal plau of bu~irnt~ M th~ Cihr of fort Pi~ru, St. luw Co~nty, Florid~, Mr~inalttr d~sipnat~d a~ th~ "MORiGAGEE:' WHEREAS tM MORTGAGOR a juilly ir~bttd ro tM MORTGAGEE in 1M wm of 27 ~.0~ 9ood ~nd lawfut ma»y oi th~ Un~t~d Statts adv~nc~d by 1M MORTGAGEE unto tM MORTGAGOR, ~s •v~d~~ced by • tartain promistwy not~ of eve~ dare hertwith, of whith tM followinp in w«d~ ~++d fipurq i~ ~ uw copY. ~o-wir. s _ 27 ~Q00 ~00 - No 04-2301439a Fat P~erce. Flwida. -__---`Ju~ 12 19 77 Fw value rccaved. I. we. a e~~her of us, prom~se ~o pay. w~thout defalca~~on, to the «der of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE ~t Fat Pierce, Fla~da, the wm of _27t~~•~ wi~h intereit irw.n da~e a~ rhe r~te of _ g•75 9L p~~ +o+~wn. in monthly i~atallmams as followi: 222•QQ_~__- on the lOM d~y of _ NOVQII~Q'T_.__ 19T1_ and a like ~um on ~he corresponding d~y oi each month therra(ter until tM whole be tully paid. E~th instsllment first shall be applied in paymenr of the interesl and then on tM unpaid balance of tM ptincipal sum. If defa~lt is made ~n tFN p~yment oi any instsliment w1?en due, and such defaull conlinues 30 days, 1Mn at ths optan oi the holder, and without any other notice. all the ~emaininy installmenb shall be due and payable st once. Privile9e. is yiven to prepay this note in whote o? in p~r1 at any time withoul p~nalty. N~itMr forbearance. ~?u auept~nce by the holde~ thereof ~fNr n+y d~fault in anY paYmen~ hereon, ahall be deKned extenaion. A lata payment cMr9e of s 11.10 sMll be asussed tM 26fh day oi the month, i( a re~ular business day, w: if rw~ ~ ieg~lar busi~est d~y, rhe~ the nexf busineu day, on each monthly Insraltmenr nw tMn nuiwd. Each maker, turety and endorse? hereof, jointly and seveially, waivls demand, prlsen~ment protest ~nd nofite oi protest }w rwr+p~yment, and lu~tha +~rees to ~ny extension of time of payment, either beias or ~he~ marur~ty, without norice to any oi us; +nd to p~y •II coars of colkctio~, includinp a rcasonable anomey's fee in the event of any def~uit hereunder, ~nd hereby severally wsivw all benafit of homattead and eaemptia+ under rhe constitution snd laws of each State of the Uni~ed States, as ap~inst thii obl~yation a~ny eaten~ion a renew~l hereof. _ s/ ?erry R., T~a?rs: a single t~Au State document~ry stamps in the amoun~ a~tllt ~~q~) of j ~ ~ 5~ •re - ~Ai~ •ffiaed ro tM mwtpap~ Ntur~d Mrtby- -(SEAI) MOW, THEREFORE, ti~s MORTGAGOR iw the purpose oi setv~~rg pay~nent of said wm of ~ ~~0~•~ ~nd tl+~ pNfornMnu t`~ ~M cov~nb and a9reements hereinafter ~:presud. ~nd for divers yaod and v~lwbl~ ca~sider~tio~s, by tl~ew pesentf, dws p~anf, baryain, s~ll, remise, releau, tonwy snd confirm unto tht MORTCsAGEE, its iuccessor~ and astiyn~, ~11 that urtai~ IoL pi~c~ a pa?n1 of land, titu~t~, lyirg, and b~inp in tM Couory of St . I.L1C~! and Suh of Florida, dewibd a follow~: Lcit 3~, Block 19, RORT ST. LLJCIE, SDCTION 25, according to the plat thereof on file in Plat Book 13, Page 32, Public Recozds of St. Lucie County, Rlorida. By agree~se~t of Mortgag~r and Moztgagee on file with Mortgagee, the Nithin aortgage secuzes not only an existing indebtedness, but also ADNANCBS to be HERE- AFTFR nade by Mortqagee to Mortgag~r, the aggregate of which xill equal.the principal aaount specified in the proaissory note secnred hereDy. ~ "j"' f~,-i ' ~ = j~'_; . ~ ~ :1'~~t.'C ~ .N • i • ~ ~ u ; . ' ' . r ~ ! . ' Y ' . _ ' - _ _ . . ' - ~ e _ : . - - : ~ I Z. U Q ~ RECENFD ~ 1 • ~ ' 'j ~ IN PAYMFHT OF T!U(ES QiJf Ost CLASS'C IHTA`lglg!F nF- ;~••~i ."^D-'ERI(, PUtfSiL1Y! f0 CH.b'."_ -l i::. SCiS Uf y~! I a'T• r- - ~ ` ;-i ~ i'UI!.:A'i ' ~ _ . : _ _ ' ~ r; = - ;ti. ; • - ` : i a~c aAeurr oovx?, sr. wc~ ca f ~ _ . - - - - ~ ~ ~ 28.5t?~ _ : t roget!~r We!~ a!! _e. ~_•1~? ~M t~flfTMt~, he~editamenn and appurtancet there~mto beMr~irq a in anywis~ ~pp~rtainirg tMrtlo. ~nd ~II rtn». is~ues, proc~eds ~nd profib aaruiny and fo accrue from s~id premises, all of which art includ~d in tf~t abov~ ~nd fapoinp.dNCriptan and habard~xn. TO HAVE AND TO HOLD the above desuibed and yraneed premises unto th~ said MORTGAGEE, its suueuors ~nd ~uipns fwwN. Md th~ s~id +AORTGAGOR iot hiS heirs, executors, ~dministr~ton and atsi9ra, hereby covenanb with the said AhORTGAGEE, its wa~ssa~ and assiy~r, rhat he 1S ~~w{~~~ ~;Z~ of the said premisss in fee simple; that tM sarn~ u~ fre~, cleu and disch+r~ed from dl lia+s ~nd ~ncvm~ ~ brances in bw o? in equity, and that he will snd his hein sMll w~rrant and def~nd tM titl~ to N~e s~rrr to th~ s~id MORTGAGEE, iri successora and aaiym, faever ay~inst ths lawfv! claims ~nd demands of all peno~p; ~ PROVIDE~, AlWAYS thst if the MORTGAGOR shall p~y unto the MORTGAGEE th~ promiuay not~ ha~einbefw~ dacrib~d a~d shall m?ly, promptly and fully p~rfwm, diuh~rp~, e:ecute, compl~te, comply with and ~bide by each ~nd ~very tF~e stipulations, ayraartrnb, conditioeq u~d cov~n~nb of said $ promistqy noM snd of tha Mort9~pe, then this Mwtys~e ~nd the 6tat~ hereby ae~ted ~MII a~s~ and b~ nutl ~nd void. . ~ ~ IT IS UNDERSTOOD tMt the word "Mort w ther in tFw si 9:yor'~ ~+e npulai w plural snywh~re in this 1Nortyap~, shal) bt tinpvlar N oe». only and oC - ihall be plwal jointly and ~everally if mor~ than one, snd that the wad "their" ~s vsed ~nywh~re in tha Mort9+~ thall b~ t~k~n to mtan "h'a,•• •'Mn;• oap ; or "its;' wherwe~ tlw context w implies a admiti. Alw, tMt whsrever there is • nfNer~ in tM cov~o+nb ~nd ~pnsmenri herein comained to a~y of ~ rhe psnies I+sreto, the ume ~hall b~ construed ro me~n well aa the hein, ley+l npresantatives, urcceswn and ~uipro (titMt volumary by act of tFr• ~ ` parties w[nvolw»ary by operation of the law) of tM same and that the covaWnts t+Nein cont~irnd shall bind a~d tM be~wfin and advantp~s inw~ ~ r~ tM nsp~ctive htin. leyal r~presenutive~, wccessors u~d aas~Qns of tM parti~s herero. ~y ; Md s~id Mortyayws, for tF~emtelves snd tFKir hein, byal repr~tent~tive~, wcceua~ u~d usgro, her~by joinNy a~+d ~evNally covenant ~~d prN ~ +o •nd with the f~id MORTGAGEE, its wccessora and auipro: > ~ 1. To ~II and si ~ ~ p~Y rg~l~r the principal and in?erest ar+d eM wraw a~d iundry sums of ran~Y paYaW~ by virtw of said promiswry note, and tl~ mOrtflpe, ~ach ~nd w~ry, promptly on tM days respect~vely tM ums ~ev~rally becan~ dvt. M ~ 2. To p+y al) and ~inpvlar tFw taxei. ~ssesvn~nts. Iwies, liabilieies, oblipatiom and ~ncv~?br~nc~s oI ~wry n~t~r~ and Icind now p~ s~id d~spib~d W prop~rry, or that ha~after may b~ impw~d.,avffe~~d, placed, levi~d, a~~ssrsd rhereon, a that Mr~aft~r may b~ {evNd or ~sses~ed ~rpon tFJs 1Norlp~ ~ a9e, or t!w ind~bt~dness s~cund hereby. ~ad~ ~nd wery, wMn due and p+y~ble, xcordinp ro law, befor~ th~y becorn~ delinqwnt. ~nd befort arry im~nat a!tachts w any penalry is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII bE PROJYiPTIY SATISFIED AND DISCHARGED OF RECORD ANp THE ORIGINAL OFFICIAI DOCWNENT (51KH AS, FOR INSiANCE, THE TAX RECEIPT OR TME SATISfACT10N PMER OFfICIAIIY ENDORSED OR CERTIF1fD) SHALL dE PIACED IN THE MANDS OF SAID NIORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; ~nd in tM ~wnt tMf any tFw~of i~ no1 aa~d, sat:sfi~d a~d d'escharped satd MORTGAGEE may +t any t~me pay the same w any part tht.eof withovf waiviny w affectinp any option. Iwn, p~riry p •~aht ~nd~r or by virtve of this mortyaye and ~he full amount of each and every ~uch p~yment shall be immediately due and p~yabl~ ~fld ~IUII DfK IIIfNp1 s~om the d~t~ ther~o( v~til paid at ra+e oI nir.e per centum per ~nnum ~~d foyether w~th ~uch internr shall be sec~rtd by tM lien of th:s mo~ytape. . _ - - - - - _ ~~A