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HomeMy WebLinkAbout0496 ~ ~ ~'~6423 ~H~s ~NOENrwtE. M.d. ~h. 22nd a,~, or d~st A.o. ~977 baM»«? Michael A. Sswiac a~d Ma:9 SLlen Sesiaa~ hi s rifg ~ ~ St.. I.ucie .~N Florid~, h~~inafNr d~sb~y?ed ~M "MORTCsAGOR," ~nd FIRST~ FEOERAI SAVINGS ANp LOAN AS.SOCIATION Of fORT PIERCE, • torpontion orpadz~d and ~xislinp untlM tM lav~n d tFr Ueihd SutN of Art~tiu M~d Mvi~q ib ptMKipal Pbo~ d bu~YwM b th~ Glp of fat PiKa. St. luti~ County. flwida. IwNn+ftN dalyn~bd a tM "MORiGA~3EE." . WIIERE/1S th~ MORTGAGOR k ~usNy ind~bMd b tlr MORTGAGEE in Na wm of = la~~.~ , poai and lawivi maNy of the Ueihd StatM ~dv~nad by th~ MORTGAGEE unto th~ MORTGAGOR, as ~vid~nced by a c~Na+n promistory ~ot~ oi ~vM dat~ haewith, of whKh tM fdiowinp h word~ w+d fipwM w a trw aopy. tawie = io,ooo.oo 02-23025751 Fo+t Pitrc~. fbrida. ~~ati 22 . 19 77 Fa valw nuived. 1. w~, a~itha of us, promist ro~a w~thoul d~f~ication, to th~ ordK of fIRST FEDERAL SAV ~LOAN ASSOCIATION Of FORT PIERCE at fwt PiKa. Fb?idi.8t4e.79 of f lU~~.OO with inOCtO~I~H at tlr rah of~•'~7 % PK annum, in rnomhly iMf~llm~nfs a fdlows: i f) on tM 10~h day oi 19 and ~ Uk~ swn on tM twnspondinp d~y of ~~ch mw?th tMrtahK w?tit tM wlwb b~ fully paid. Ead~ installm~m fint shall b~ ~ppli~d in p~yrntnt of th~ intkest and tFwn o~ th~ unpiid balanc~ of tM p?incip+l wm. If d~faull b mad~ in th~ p~ymMt of u~y imtdlment wh~n dw, ud wd~ d~fauM continw~ 30 days, tMn at tlw option of tM hotdN. +nd without a~y otMr notiu. •li tM rr.Minwg iratalMn~nn sMii b~ dw and payabie ai once. Priviip~ it piv~ io peepaY tAis not~ in wFwk or io puf at ~ny tirm witF~ow p~nahy. t~it1+K for~b~aa,n.u.' 'nw ~ca~pqnc~ by tM holdar tMr~of af~u ~ny d~fwlt in aeY p+ymM?t I+~non, sh+ll de~+ned ~xt~nsio~. A bh WY~+Mt cM~ of i~ sh~ll be as~essed th~ 261h diy d tM moroh, if a re9ulu bus'uKSS day, a. H na a rpular businqs day. tMn tl+t n~x1 business day. on wth monthly intqllmant not flNn no~iv~d. E~ch m+kK, wnty and ~ndonK hK~oi, iointly and sew.ally, waiws dam~nd, presenrment praest and nofia~ of protat for eonp~ym~nt. and f~rthN aprep ro any ~xt~nsioe? of time of p~ymMt, eitM? bsfw~ or ahK mstwity, witho~t ootiu to +ny of vsj and to p+y ~II ootts of oe!!ection. includ'ug • r~asonabl~ ~norn~y's f~s in th~ ~rMt of a~r d~fwh Fwrwe+det. and hersby s~ve:~llr waiws all benefN of Aom~sttad and ex~mplbn w+d~r ~M aoostirution and I~ws of ~ach Sat~ of tM Uni~sd St~tea, q s~ai~+st this obtig+tion w u~y ~xtMSion a r~+ew~l h~reof. ~ S,l Michael A. Ssiaiac ~U stat~ t .t.mpa a, th. ~++o~n~ (sE/?u • affix~d~ morlpp~ aarr~d IrnbY• N8Y'ST ~Y.eII $81~~8C '(SEI?U Now. n+ER~ORE. nwrtTCACOa fo. d,. pu.poa. of ~a~p p~~n.m oF ..d sum of ~ 10 , 000 . 00 .«+a th. p..Fo.m.no. ot +h. cov~nanM and aqrMmN+b Iwnirtaft~r ~xpre~sed. ~nd fw divsn yood snd vslwbb ooraideratiaw bY tlww P~as~ dws 9r+M, buq~~^, s~ll, ~wniss. r~kaw, ~T.. L1iC1@ th~ MORTGAGEE. its sixoeuors and ~ugns. that cen~io la, pisu of paral of I~nd, tNuat~, hina. ~nd bsinp in tM Coumy of and Stat~ of Fb?id~, dauib~d a fdlowu ~ Lot 2, ffiock A, Ponce De Leon Psrk ~2, acoording to the plat thereof on file in P1at Book 11, Page 23, Public Records of St. Iucie County~ Florids. By agreemeqt of Mortgagor and Nortgagee on file xlth Mortgagee, the vithin ~rtgage ~ secnre8 not oa1,y an ezisting indebte~ness, but also AD~ANCffi t~ be AERgAFTEB made by Nortgagee to liortgagor the aggregate of t~hich ~rill equal the principal a~wunt specified in the promisaory note seaured hereby. . i ~ N STATE ~F FLORf~~J" ~.1 STAMf' 3A) ~ MENTARY - ~El DOCU 0 ~ i~a O U c-=+ N JEP1. OF NEVENU~ ,5' S~~}', ~ ~E . ~ r O - ~ = A762S'~1 ` ~ O O ~ F~~ ~ s ~ ~ o = t ° ~ z : '~Fjr p~~ ,~~~R ~ e~dl ~ ~ tt~ ~ ~1ly. / +oQerl+a with aN and sk~p~lar fh~ Nn~rwnn. Mred'aamann and ~ppwrsnca M~erwnw belorginp or in n~ywiw +PP~+~O and ~II ~~s. hw~. P.oce~ds ~nd profits aou~inp and to aurw from aak! pamiws„ all of whkh art indu~d~d in th~ abov~ ~nd tor~qoiig daaiption and A~b~ndiMn. TO HAVE AND TO HOLD tM abow d~svib~d and 9r~nted . prsmiws umo th~ s+Id MORTGAGEE, its woasson a~d aatpns iw~wr. Md th~ s~id MORTGAGOR fot their Mi~. ~x~artas, administr~tors and asti~ra, I+~~by oov~mnb witl~ fhe s~id MORTGAGEE, ib tuot~on M~d p~ipeM„ rh~t ~eY a~ I~wrfullr Hizad of tM said prenuwa in fN sirnple: tfwt th~ sam~ W~ frN, clex and di~ciwrp~d fran dl q~ns and ~na~rm branc.. b I~wr o. b.quity. .~d .6.. they Wu~ .na their Mir..~,.u w...«N «,a d.f.~a d+. inl~ w th..«n. a rh...w MORTGAGfE, fb woo~aa~s and asaipra, fwew~ painst th~ lawful clairm and demand~ of dl p~rwroj PROVID~. /1LWAYS Myt if th~ MORTGAGOR ~h+ll p~y umo the MORTCsAGEE the W~?IssaY not~ ha~inb~fon daoib~d and shall trvly. P~P~~Y sr~d fvl~Y P~ ~0~, tz~cut~, compbte canpiy with and abidt by sath ~nd ~wrp 1M atipulatioru,. ~pr~nts, oo~d'itio~M and oovwwnb of s~id Pro+n~s~aY ewN and d fhia Morqape, th~n tNs Mort~g~ and the Esut~ hu~by v~aNd shall oa» and b~ ewll ~nd void. IT IS UNOERSTOOD Hrt tM word "Morty~por' whetMr in tM sb~p~lar w plw~l ~nywMr~ in this Mortp~pe. ~N b~ ~irgular ff on~ only ~nd ~o ~ sh~ll b~ pkrr~l ~o&al~r and ~v~alyr H mon th~e? om, u~d that tM word "tFwir" q uwd anyviAnre in this Mortysy~ shdl b~ tabn to nwan "hi~."' "M~s." ~ «"its." wFw~wr th~ ca+hut w implia a sdmit~. Abo, that wherwM then b a rafa~ria in th~ oowrwnts ~rid apr~aa hu~in aontaimd m~ny d ~Fx pa~tiM hw~t0. tht s+me ~Iwll b~ oonsnwd a en~an ~s wdl as th~ h~i~. Ip+~ r~ps~ematir~, wa~ors and ~ssipns (NfM? volwnary by ~ of th~ paniss w M+volu~u+r~? h? aP~ntion of th~ law) of th~ wn~ and that tlr aovanama Iw~in aontatrwd shall bind and th~ b~ewf'NS and advaaaqu irw~~ to th~ n~Alv~ I»in. Mp~l npra~m~tiva~, sua~sson and sx~ro of the pMtia hsreta Md tatd Alo~p~pon, for tl~nwlv~s and tFrir'Min. bD+l npr~atiws, suca~s~on ard +ssipm. iw~bY I~~Y a~d wwr~Uy oo+~nKM ~rd apr~e ~ ~o and whA th~ wid MORTGAGEE. IM ~uaawrs ~nd asipn~: 1. To pnr dl ~nd siigul~r tM principal w~d imsnp and Mn vuia» and sundry swm of momr P+Y~bb by virtw of wid promi~ory noh, and thi~ M~fi ~~Y. P~PR~Y p+ ~ d+Ys n~p~ctivelY ttw sarn~ s~wrally becorn~ dw. 4. To phr aN and si~gv{r tM tax~s, a~anwnra. IwM6 (t~biliti~s, oblipatiati and ~nambrancw d rwry mhrr~ ~nd ktnd now on ~d d~wbd ~ P~~h, a that haerha eMy b~ irnpoMd, wff~nd. P~aad le~ri~d, or awss~d tl~wn„ a tMt IwnaftN ~y b~ Iwi~d or a~~w~d upa~ thlt Mat~ ~ ap~, a flr ~ Nair~d ha~bY. ~ch and way, wlwn dw ~nd piY~bl~. ~ocorda~p to I~w, b~fon tl~ey b~oonM ddinqwnf, and b~fan anY NMwMt atfacMs a~ny pernhp k intwt~ds /1t~ INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL dE PROIYIPTLY 5ATt5f1ED AAW GISCFIARGED OF RECORD ANO THE ORIGINAL OfFIC1Al OOCUMENT {SIKH /15, FOR INSTANCE. THf TAX RKEIPT OR THE SATISFACTION ?/1PER OffK1ALlY Ef~1DOR5~ OR tERTIf1ED) SNAIt ~E PL/KE~ IN THE MAND6 OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER ?AVMENij and in tM w~M thN any Nwr~of is no1 ~ paid, at:sfi~d ad di~dw~d wid MORTGIIGEE enay ~t ~ny ri~n~ p~r th~ s~nr a a~y p~rt thereof withow waivinp or ~H~erb~0 +~Y ~b or •ipht unda a bq vYtw of H~is morqpt and Nw full wnaiM of cach and ~vKy wch paymN+t shall b~ inwnedi~t~ly dw ~nd parabb and shall b~ar kN«at ~.om tl» d~N ~Fwwf ~nril p.id n r•a of n~+» pp umwn p~r annwn a~d rop~ths. w~~h wch inf~re~r ~hatl be ~ecw~d by ~M lien of N?ts m«pq~. _ - - _ _ . _ - _ - - - - ' ~,X,_. .