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HomeMy WebLinkAbout0264 ~RR~CTIVB MORTGA~GS 3' jl~Z',,~ W MIS INDENTURE. M.d. rn. 8th ~ oi .July ~.p. 19 77 , b.;W..~ r~ . 9 an an e w. Bng an , h s Q~ af St • j.tlC ~ ~~y Flw~da. IwreinaftM design+~ed +e ~M "MORT('sAOpR." *nd fIRST. ~QEQAI SAVINGS AND IOAN ASSOCIATtON Of FORT t1ERCE, s oaporat:on «yaniud and eiii~inp undK th~ law~ of ths Untr~d S~a1ti ot A+n~ric~ ~nd ~fiNMp i» p~incipal p~ac~ of bwima in tM Gty d Fat Piaa~, 5~. Luw Co~x~ty. flwid~, hu~inaftN d~~ipnat~d a tiw "MORTGIIGEE." . WlIERE/~S th~ MORTGAGOR i~ 1usNy ind~bNd b th~'MORTGAGEE in the ~um ot s 26 9ood +nd l+wful money of the Un~ted St~tp advanc~d by th~ MORTGAGEE un~o ~M MORTGAGOR, ~s evidrnced by ~ cerrs~n p~omisswy note of evert date herewiih, of which tM followinp in v?rord~ and fipuns i~ • in» copy. towie ' ~ 26 , QQQ~~Q_- r,,a 02- 23014093 • Fort Pierce, florids, July 8- , 19 77 Fw valw reteived, 1, we. a e~ther of us. promise ro pay, without defalca~~on, to tM o?der of fIRST fEOERAI SAVINGS AN~ LOAN ASSOCIATION Of FORT PIERCE ~t Fort Pic~re. Fbrida, tAe uxn o( i_--26 ~0~~ with inte~cft irom data ~t the rate of 8~ 5 9f. per annum, in rr+a+thty ins~~l4~r++a as ldbws: s__ 21~ on the lOrh day of . 19~_ H+d • like tum oa ; rhe corre~ponding day of exh ma+th the~eaftp until the whoht be fully p~id. s Each ir?sullment fin~ shsll be appi~ed in paymen~ oF the in~erc~~ ~nd then on the unpaid balance of the p~en;~pal ivm. If defwll is mad~ ~n tM p+Y^+~^t of ~ny irWaltment whe+~ due, and wch detiub tootimxs 30 days, th~n st tM option of the holda, ar+d witho~t any other notice, ~ all the remaining inslallenenb sha0 be due and payable at once. Privileye is piven fo ptspaY this note in whole o? in patt at any tuM without pe~alty. Neitha fabeawnca ~+K~Ptance by the holder tlweof afNt ~ny d~t~ult in i~Y paYment hereo~, shall be deem~d ex~ension. A late paymee+~ d~ryt of i 1O•'~ sh+ll be asussed tM 26th d+y of the n+oMh, if s regvla~ butiineas day, w. ii not a regul~r businets d+y. then rhe next business day. on each ma~thly uut~llmeM nof IMn nOtivd. ~ Each m+ker, wny and er+dwse+ hereof. janty and sevl~aliy, waivts dem+nd, prssN+tment protest and oot~oe of praest fw no~payment. +nd ~ furtMr a~res ~o any e:tensio~ of tir~ of p+Ymcnt• c'the~ before o? aher m~turity, without notKe ro:ny of vs; ~nd ro pay all co~n of colkctiw+, ~ncludir+p a reaw~abl~ ~naney's fee in tht event of any defwlt hetwnder. and haeby severally waives ~11 b~nefit of Fwrnestead ~nd exemption under rhe aonst~wrioo and laws of ~fi Sute of ~~a ~inst this obligatan w any exteniion a renew~t he.eof. . • ~~~yEp IN P\YMf!VT OF TAxES pu~ pN c~+ss ~c' IN?0.tl,IBiE Pf ~eiYs/ G~orge L. Bngland PURSIIANT ZO CFIAP!EK 71-134: AiCTS Of'1911?-• (SEAU Stero doa+ment+n?~~~~ ~ ~ ROGER POIiRAS _ of s- CIER qpCWi OOIi~~ 3T. WCIE e0, f111, S1 Katherin~ S. gnnl n~ ~s~) •ffi,c~d to th~ nwrlpapt t~cw~ hshbY- . (SEAI) NOW. iHEREFORE, rhe N10RTGAGOR for the pu*pose }tcwinp W1Rn~nt of said sum of i~ 26 s 0~ ,~nd tM paformanu of ths cov~nany and a9r~ements hereitihar e:pessed. ~nd fa ~ven'9ooa a+d valuabb cor?fider~taro, by fhiss presems. does 9rant, barysin, sdl, r~mise, reka~ eonw~r ~nd oonfirm unb tl+e MORTGAGEE, ib successors ~+d suign~, ~11 tMt certain bt, pieu w_ parcel of land, situat~, Irirg, and beinp in tM ~~py ~ St . LriC~@ and Sate of Fb?id+, d~~cr~bed ~s tollows: Lot 7 and the South 40 fest of Lot 8, Block l, WIL8U11B S[JBDIVISION,as recorded in the plat thereof on file fn Plat Book 6, page 24, public records of St. Lucie Countq, Floridaj And that part of said Block 1 of foresaid described as follows: Coa~encinq at the Southw~est corner of Lot 7, Block I,of WILBtlf~S SUBDIVISION, as aforesaid; thence run Sast along the South line of said Lot 7, 16 feet to ' the point of beqinning; thence continue Bast along said lot line 65.9 feet, more or less,to the sontheast corner of said Lot 7; thence run southwesterly along the road right of way 100.59 feat to a point; thence run north parallel xith the east line of Lot 6, Block l, af said subdivi~ion to the point of j beginaing. ~ By aqreeaent of Mortqayor and rt age a~ file with~ rtc~agee the•within ! Mort a e secnres not only an e~~t~ng ~ndebtedness, but ~?lso ADVANCSS to be ~ HB aade by Mortgagee to Mortqayor the aggregate of which will equal the principal aaount speci~ied in the proaissory note secured bereby. k This i a r ctive tga dQSi ed to rr ct err neous 1e a d s ri t n ~ appear~ng ~n ~~at cer~a~n a~itgage~ated Ju~y ~ ~ , 1~7 an~rrecorde~ ~n ~o ~ 2~p, page 2824, of the public records of St. LucieCounty, Florida, and upon _ which intangible tax has been paid as evidenced by receipt No. 316430. rogerhsr witb aY and s~npular tlr la*~em~nts. herednama+ts and sppurturces tlwew~a b~laginp a in anywis~ app~rbinirg tiwreto, and al) rtnts. iwws. ; pr«eedt ~nd profits aovui~g and . W awue fran said pten?i~es, all of which m inckul~d in ths abov~ and forpanp d~wiption a~d h~b~ndt~n. ' t0 HAVE AI~ TO MOLD the ~bar~ desoribed and 9ranted pema~s umo rh~ s+id MORTGAGEE, in suuessws ~rd ~uipm fwewr. Md th~ said ' MORTGAGOR for their ~n~p~ ~„d auigns, her~by cownanri with the sa3d MORTGAGEE, its wae~wn a~d wipns, rhat tbeT ~re I+wfvlly aei:ed d Me s+id Premae+ in fe~ simple: tF»t tFw ~ame ~r~ frN, clssr and discharyed from all li~ns and ~+~cwm b.ances in I~w a in equity, and tlw~- vr~H and tl~o~ r hein shall warrar~t and d~f~nd tFw titl~ a tbe sam~ w th~ s~W MORTGAGfF, i1s s~+oowon" and assiyns, foreve? +p+inst tFr I~wfvl daims and dem~nds of dl penaut PROVID~ AlWAYS thM if tht MORTGAGOR siyll pay unto tht MORTGAGEE the promistory not~ her~inbefor~ dhcribd and shall trvly. P~~W~Y ar-d fulh P~iora~ ~d~rye• exaawe• eomP~4N. eow~P~Y with snd abide by each and ~very the stipvlatiorn, aC~eemeMs, wr+ditian and oovu~+na of said ~c~ Grom~swry raN and of Mw Monyape. ~Len this Mwtg~ye ~nd th~ Estat~ haeby veated shall ceas~ and be null ~nd void. ~ft~ IT IS llt~TOOO Nrt die wad °Maty~po!' whethe+ in the singular or plur~l anywha~ in this Mortyape, sh+ll b~ sinpvlu if orn only ~nd ~ shall be pkrral jointl~r ~nd sa,rerally if nart drn one. ~nd that the word "tF~eir' as v~ed ~nywMr~ in tha Mortyap~ shall b~ tsken ro mean "his." "lien,•• 4 or ••in," wlw~rvM ths aoir~ut w impC~es a ~denits. Abo. thn whaever there is s referene~ in rhe wrena~n .nd .~..emenn h.r•~n ooma&»d ro any of ~ rh~ puti~s hen~o 11K wnt sh~ll b~ aondrved to m~an as wsll as ~he heirs, kpal ~~esentatives, waeisors ~nd assipm (sither voluMary by ~d of th~ p~rt;es pr YnoMwWary by op~ration of the I~w) o( the same and that rhe covena~» haein conained sh~ll Mnd and Nw b.nsfiK .nd sdv.nra~s Ir?w• ~ ro rM n~pwiw+ irirs. Iq~l tepesNM~^res, wcceswn and au"~a of tM parties hareto. ~ t Md wid Morty~por~,. for thanaelves and tMi heira, le~l repraentatives, wcceswn and ~ssipro, hereby jointiy and sevar~lly aovsewn~ ~nd ~~e ~ ~ to and wilh fhe ~aid MORTGA~3fE, ib wm~ssors and assiyeu: 1_ To p~y ad and si~gulr th~ prinripal and i~ and tht varian snd sundry sums of moneY P+Y+~ bY vinw of said promissory not~, and this r*wrty+~, Wcb ~nd ~r. P~aw~p~tip an tF~ d+ps r~sp~div+1Y the s~me aewrally becam dw. Z. To p~r all and s'rgrlar d+~ ta:es. ~xs. Iwies, liabilities, oblipations ~nd encwnbwnc~s of every n~tw~ and kind now on said d~w~ed Prtfp!«ty. O 1~N1 ~1MNfMf 11My M/fftl~r ~ ~lVifd, p ~l~Hild t~ltflOfl. Ot t~li1 ~1Nlif1M flMy ~ ~f~fild W~ Vp011 1~1~ ~Oft~ aga, o~ tlr Y~d~bNdnps a~oiw~d Fw~b1?. ~ad~ snd evevy. wAsn du~e and pay~blt, auordirg to bw, b~fw~ tbsy become dtlG~qwm. ~nd b~fw~ any intar~at anacf+es or any penaltr it inourred: AND INSOfAR AS ANIf THEREQF IS OP RKORD 7HE SAME SHALL 6E PROMPTIY SATISFIEO ANO OISCHARGE~ Of R~COR~ ANO THE ORIGINAL OffK1Al DOCIlIMEM (~l1C:H /15r FOR INSTANCE, THE TAX RECE~PT OR iNE SATISFACTION PAPER OFFIGIAILY ENDORSE~ OR CERTIfIED) SFIALI !E PIACED IN THE NAN06 Of SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENTj ud in the wenf tiwt ~ny tFw~of it no1 pa~d, ~t:sfi~d and d'sclwyed s+~ MORTGI?GEE n.~y at amr tirne pay tM s+me a~ny part thereof without w~ivinp w affectinp any op~ion, lisn, puiry a •ipht urd~r a b~r virtut d tFrs ewr~y~ and the fi~U arrwue+t of euh and every such payment shall bt imr~ediately dw s~d pay~blt ~nd ahall b~ar i~ter~st ~.om tir dat~ tl~~of umd paid N rate ai rw+e per centwn per ~n+wn and toqether w~th such interest ~hall b~ secwed by tht Ikn of th:s mwpta~. ._,v____ , . ;