HomeMy WebLinkAbout0578 ~ . . 3~,~ ~
THIS INGENTURE. IM~d~ rh• 12th d.y of September ,~p, 19 77~
EUGENP J. MC DONALD AND DIANA S.~r , Y~ ~ ife _i
o~ _ St. Ll1Cj.A ~ ~ounty fbrid~, ht?~in~fNr desiyn~t~ as tM "MORTGAGOR;' and FIRST FE~ERAL SAVINGS AND IOAN
ASSOCIA?ION OF FOR1 PIERCE, ~ co~paatan apsnued ~nd esii~inp undN tM taw~ of tM Un~~~d Sat~s of Am~riu ~nd I+~vinp in principal plaa d
b~aM~s N tM City of fat Para St. lud~ Co~r?ty, Fbrida, MreIMNH ~t~MfNI q t~N'~~MORTGAGEE."
MIHEREAS 1h~ MORTGAGOR it j~ptly ird~bt~d 1o th~ MORTGAGEE ie tM sum of i 2~ ~Q~Q ~ yood ~nd lawfuf money o( tM Unit~d ~
Sat~s advanc~d by tFw MORTGAGEE unto ~M MORTGAGOR, ai ~vid~nced by • c~ruin promiuwy not~ of even da~e her~with, of which tFw (ollowinp h ~
wadt ~nd ffpwa b• trw copy. towit: .
s_ 29 ~900 ..QO ni _2 ~n~ ~7~~
Fa, Pier~., F~«;d,, September 12 , 19~ ~
Fw valw recaved, I, we, w e~ther of promise to pay, without def~lca~ion, to tM ader of FIRST FEDER/LL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE at Fort Pierce, florid+, the ium or t_~9~.900.90 with Mtsrest from daq at th~ r+h of ~-96 pK +~um. N?
momhly initallrnN?ts a~ fotlowi: i 2~~ ! 1 8 on the lOth day of Novembe~ lq~~ ~nd a Kke sum on
rhe cwrespond'up day of each mo~th thereafta until the whoie be fully psid.
E~ch insallmero fint sMlt be ~pplied in payment of ths inuresl aod tMn on the unpaid balancs of tM principal sum. If deiwlt is made ~
~n th~ paYmeM of any init~liment wMn d~e, and such defaulr cominup 30 days, tMn at tM optia+ of the holder. ~nd without any other notict.
all th~ remaininp iratallments sMll be due and payable at axe. Privileq~ is Qiwn to prepay this note i~ whole or in part at any time withoW
penalty. N~ither fwbearanc~. ~wr ~cceptance by the holdtr therwf ~fM any d~fault in ~nY paYrt~t Mreon. ihall be deemed extensan. A late ~
paYment charg.e of sMll be aueued the 26~h d~y of th~ month. if a reyul~r bvsineu day. w, if not ~ ropular busin~as day.
+hen the next bvsiixsi day, an each monthly imtallment not NNn no~Fwd.
Each maker, surety and endorxv he~eof, jointly ~nd uwrally, waives de~n~nd, presentment protest ~nd rwtios of protest fw na?p~yment, and
furtM~ +yrees to ~ny eate~si«? of time of psyment, either bafwe w afte~ mat~ritjr, without notKS ro ~ny of us; and ro p~y sll costs of colkttan,
includinp a ressooable enornsy i fes in the event of any default hereunde?, and heroby sevsrally waives ~II benefit o( tw.nsitead ~nd exemp~an under ~
rhe constitutan usd laws of esch Stat~ of ths Uniied Stat~s. ~s ap+inst this oblipation a a~y extension a rensw~l hereof.
. ~ t ~
- ~ cs~?u
~ ~ s ene J. cDonald
s„t. t t~mps in ?1+e .ma,n~ tsE/?l)
of s d°`~'•'~'~ ~~e ~ s D1at18 S. MeDonald'
.ffix.d w mortq.p. ..a,..a ~,...hY. . (SE/1u
' 29 900 00
NOW, THEREFORE, tht MORTGAGOR for the purpoae ~ atvr p~yeMnt of said wm of i ~ • . and tM p~rfornwna of th~
covamnts and prwrew~ts haeir?~ftN e:preised. ar+d fa divers poo~
uuid vaWabh cauidastions. by the~ pnsent~, does pr~nt, barpain, sell. r~rn~se,
releas~. aonwp uw! aonfirm unb tl+~ MORTGAGEE, in succeswrs and aisipna, all that oertain bt, p'wp or pucel of land, si1w1~, lyinp, and b~irg In tM ~
c«,~w ~ - ~~.-~:c i ~ . .~a s~,~. ~ F~~d., d.~~d
_
Condominium Parcel No. 826, OCEAN VILLAS II, according to the
Declaration of Condominium thereof recorded in Official Records
book 271, pages 2876 - 2939 inclusive of the public records of ~
/ St. Lucie County, Florida. ~
SIIBJBCT to the terms, covenants, agreements, obligations and
provisions of said Declaration of Condominium which Mortgagor
in gll things does covenant to Mortgagee faithfully to observe
and pref orm. ~
;
By agreement of Mortgagor and Mortgagee on file with Mortgagee,
~ the within Mortgage secures not only an eaisting indebtedness, '
~ but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor ~
~ the aggregate of which will equal the principal amount specified '
' in the promissory note secured hereby. , -
~ STATE FLORID~i 1
~ a ~
nOCUMfNTARY~~- STAMP 'A~ ~
~ JE~i. OF :tEV~NUE ~ IN PNrMENT ~ j~~
DU
_ ~;.r 3-•~; ~ 4 4. 8 5~ t ouE a+ aASS ~c ~~~ncietE r~esau~ ~o~n.
_~P`62 i~ ;
f' ~ p(~p$~1T TO CNnP!f4 71-134. ACTS OF 19/l. g~ ,
~ ROGER POITRAS 'CJ~
q.ERK CIRCUIT COURT. ST. WCIE E0, flJ6 ~
rcyetl»~ wi~h all and sinpulu th~ t~rw~+ts, hereditamenb ~nd ~ppwtances tharwnto belagieg or in srrywb~ ~ppKtalninp tMrNo. ~nd sll nnts, btuM„ _
procs~ds and pofi~s aooruinp ~nd b aarue from saW premises, all of whid~ ar~ indud~d In tM abov~ ~nd fonpoinp d~wiption and h~b~nd~Kn. ~
TO HAVE AND TO HOID tM abow dewibed u+d pr~nted prema~s unto tlr aaid MORTGAGEE, its woaswn and ssslpns fortvu. Md th~ ~aW ~
AtORTGAGOR far the ir ~x~py~ ~Nnatr~bn and ~sslyns, h~reby oov~n~nts with th~ said MORTGJIGEE, ifs avooeJ~o~s and hsipti.
rhst ---t~~--$~ lawfvlly seiud of th~ ~aid prem~s in fN simplr, th~t th~ same an hN, deu u+d d'ndw~p~d froen ~II li~m and ~r ~
brances in law a in squity. M+d tML ~~T will and htin sh~ll wunM snd def~nd the tN4 to the saerw b tM wid ~
MORTGAGEE, its wcceuws and assiyra, forwer apainst the lawful claims and dam+ndr of ~II p~rsoros ~
~
= PROVI~EO. ALWAYS that ii th~ MORTGAGOR ihall p~y unto th~ MORTGAGEE th~ promissory note hatinb~fon dacribed and ~hall truly, promptlp
~ ar.d fully perfwmi, dixh+~yt, e:KV». eomplrt~, comply with and ~bide by ead~ ud twry t!» stipulations, apr~ls, oonditiau and oov~nls oi said
promiapy nott and of fhk AAortyaQe, ihan thb Mort~a~e and the EstNe h~r~by p~sid i1N11 pas~ and be iwll and vOid. ~f~f
~ IT IS UNOERSTO00 th~t th~ word "Mortypo?" whttMr in The sa~pubr or plural ~yvrl~e in thh AAortya~e, ~hsll b~ sinpula? ff on~ ady ~nd ~
ihall b~ plwal ~oinfl~? and swMaly if mw~ th~n on~, and that tF+~ word "their" as w~d snywhen in this A6ortya~ sFwll b~ tak~n w mean "his," "l~rs," ~
or "in;' wh~?w~r tht cont~xt w impliss or sdmits. Alw, that wFierever thae is a r~faance in tlw covenann and a~~nents F~ein ooMakwd b any d
~ rhe partia MrNo, th~ sam~ shall b~ wastrved to me~n as well a the lNin, lap+l npres~nt~tiv~s, wcc~sson ~+d as~gna (~itMr vduntary by ad of tht
t paniea w bwohmtary by operstion of tlie law) of th~ swne and tMt ~hs ooven•nn huein conr.irwd sh.ll bind and fh. ba+~fns ~nd advwnap~s hwn ~
ro the rap~ctiw Mirs, bpd npraMtatiws, wcusson ~nd au~ro of th~ partia lwrda
Md wid AAort~pora, fw tl»msdws ~nd tFMM lNin, bD+l rpr~tN?tativu, wcusson and assi~ru. Mr~by jo&nFy and a~vadly cawnuq and pr~ ~
to ~nd wiTh th~ said MORTGAGEE, its woo~ssors and ~ssipra: ~
~ i. To p~y all and sinpirlar th~ principal and inta~st and th~ vuioua and wndry woa of morwY WYaWe bp virtv~ of saW promis~wy not~, and tN~ ~
mwty+pt, wch and rwry. P~a^~P~h on tlw days reapactively th~ ~an+~ wwrally b~com~ dw. ~
To p~y ~N and siny~lr th~ tau~s, awan~nts. Iwies, tiabiliti~s, obtipatiaa and ~noumbrar~ps d ewry n~tur~ a+d kind now on uid dMCr~d ~
' wov.?tr, a thd M.~afNr m.y b~ irntw~.d, svH~r.d, pl+ad. Iwi.d. « a~.ss.d tiKno~, a Nwt Iwreaftu m.r t» levt~d « ns~.d upon thM Morq~
aq~, or th~ Y~d~bt~dr~as s~arr~d Mnby. ~+d+ and ~y, wMn dw aed pay~bb. ~ocordinp b law, b~fae tMy bacan~ ddinqwnt, and b~fw~ ~ny ra~r~at
~ttscMs a anp p~naNy is incwreds AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII dE PROAAPTLY SATISfIED AND GISCHARGfO OF
REGORD ANO THE ORIGINAL OFFKIAI OOCtJAl1ENT (SIJCH AS, FOR INSTANCE. THE TAX RKEtPT OR iF1E SATISfACTION PAPER OFfIC1AlLY ENDORSE~ ~
OR CERTIFIED) SliAll dE VIACED IN TNE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXt 11fTER PAYMENTs and in th~ ~wnf that w~y tha~of b no1 ~
p+id, s~t:sfied and ~scharp~d sa~d MORTGAGfE msy ~t u~y tim~ p~y IM same a any put tl+awf wi?hout w~iviny w~ffectin0 MY 1~. ~M a ~
•~pht w+dM or by vinw of tHs matysp~ and rh~ fvll wrovnt of each and wery such payment shall b~ imn~di~t~ly dw and payabl~ and shatl bw intK~a
~rom th~ daM tMreof ~xMN p~id ~r r~t~ of ~ine per untum per ~rwNnn and royasMr w~th wch imerKt ~hall b~ secwed by tM I~ of th:s rtaryta~.
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