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HomeMy WebLinkAbout0588 ~ ~ 38n443 _ ~ THIS INDENTURE, IWd~ th~ 23rd d,y ,f Septen~ber 19~_, Richard Donaldson ~d`~`t,herfne n, hi 4 vi fe _ of ~ St• ~+11Ci@ Coun~y florWa. Mnirnhn dqlpnaNd as tM "MORT(;/1GOR," ~nd FIRST FEdERAI SAVINCsS ANO IOAN ASSOCIA?ION OF iORT PIERCE. ~ co.paatan waanis~d and ~x4tinq urwle. ~M I~vv~ of tM Unitsd Su~a of Aniuks and h~vinp hs princlp~l pba of bu~irw~~ in tM Ci1y d fotf Pl~ra, St. lucN Counly, f1aWa. Mr~4»fta d~sipMad a tM TGAGEE." WHEREAS IIN MORTW?GOR M iwtly kdtbt~d b 1h~ MORTGAQEE G~ th~ swn of ~ 3„ , pood u+d lawful morNy of tM Unit~d Sta»s ~dv~nud by tl» MORTGAGEE unto tM MORTGAGOR, ~vid~nced by ~ c~.tain promiswry note of ~wn da~~ Mr~wiTly of which tM idlowinp M ~ word~ and fipw~s N a hw oopY. towit: s_ 35,200.00 N, O1-230182li3 F,,, P;..~. ~«;d.. Sentember 23 , i93Z For valw nceivad. 1, vw, w eirl~ of vs, promis~ a pay, without defaka~ion, to tM o~dN of FIRST FEOERAL SAVINGSQAN~O IO~AN ASSOCIATION OF FORT PIERCE at Fort Pi~rc~. Florida. the wm af i 35+2~.~ witfi inter~st hoen dat~ at th~ wt~ of -st~~r~~--.--% PK momhty installm~nts ~s fdlows: i 28~.~t5 on the lOth day of November 19! L_ «ad.~ lib swn on rhe cwrapordirg day of each ma+th ther~afqr until tFw whoi~ be fully psid. E~ch init~llmem fint shall be ~pplied in paymenl of tFw int~re~t ~nd tMn on t!w vnp~id batsou of Nr principa) swn. If dtfwlt is n+~d~ ~n tM paym~nt of any insbliment when dw. snd ~uch d~fauh continws 30 days, 1Mn a~ th~ option of th~ holdar. ~nd w'~thout ~ny otMr ewia, all th~ r~ininp irot~llm~nts ~II b~ due snd payable at o~ce. Privilp~ b yiwn to prepaV this nob in wlwl~ a in part at any tbr» witho~rl per?~Ity. N~itMr forbe anc~. nw ~aept~na by tM hotd~r tMrwf sft~r «?y d~fault in anY WY~t henon. sMll be d~+Nd ~xtNalo++. A lat~ wY~~ ~+?W ~ •l ~hall be as~es~! tM 26~h day d tM mon~h, if • rpulu bvsi~ess d~y. or. if not • rpular busir~s day, ~ rhen th. ~»at busirKSS day. a+ each ma+rhly inst.l4n.nt ~wr M~n no.lwd , Each m~kK. ~wtty ~~d ~ndorsK M?wf, iointly and s~v~?~Ily, w~ivN dama~d. We~lm~nt protest and notia of prot~st for eanp~ym~nt. +nd ~ furtlw apr~ ro any ~xt~nsfo~ of tim~ of p~ymant. ~itMr Mfa~ a aftK matur:ty. without notia to ~ny of uat +~d /o WY ~11 ooats of oolbctia+, ~ includinp a rta:on~ble sftorney's fe~ in the ~vent of ~ny d~fwlt Mrwr~der. +nd hereby sewrally w~iv~s ~II b~erfit d honrs+ead «d ~aemption w+der rhe c~utirutioo and laws of escfi Sut~ of tM Unit~d States, a p+inst thls obli~stion or ~ny ext~mion w r~w~l Mreof. ; S R3chard ~onaldson ~,u sten t.~, s~.~. n+ rr» ~ . . S gatherine Donaldson ~ _ , of = 2 • ~n (~?u affix~d f0 11M nWrlpipf Ntund MnbY• , (SEAL~ •~w... 35 ZW W ~'101~1~. TM~Ef~RE. tFM M~RTCs/~~R ~ t~N pWpOif Of l~CINhID p~y~N1t Q~. Nld ~Vr11 O~ : ~ ~ . Mld 1~N ~OfI11MK~ Of t~N . cov.nann and apr.em«~a FM.eu+.k~. t~cpres+.d. .nd fo~ d~ws pood ++fd va1va61~ aonsM...riorN. b~r tMN pnaenn, does pram, a.~atq, s.ll, ranh., = relea~. oonvyl and ConPvm unb tl+~ MORTG.4CEE, ibt wot~stors and usi~m. dl /hN prtain lof. pia,~ or parpl of ~~d, sitwt~. ~Yinp, ard btinp in th~ ~ ~,„m, ~ St . I~lcie ..na Sq» of Ftorid~. dac.~.a follows: ~ Condominium Parcel No. ?31, OCF,IIN VII.LAS II, according to the Declaration ' of Condominiu~n thereof recorded in Official Records Book 271, pages 2876 ; thru 2939 inclusive oY the public records oP St. Lucie County, Florida. _ ~ ~ ~ ~ SIIBJDCT to the terms, covenants, agreeaents, obligations and provisions of ~ said Dsclaration of Condominium Which Hortgagor in all things does covenant ; to .Mortgagee faithlli].ly to observe and perform. ~ By agreement of Hortgagor and Mortgagee on file ~r3.th Mortgagee, the vrithin aortgage secures not oaly~an existin.g indebtedaess, but also ADVAhCFS to be HEREAFTER made by Hortgagee to Hortgagor the aggregate of r~rhich ti?3.11 equal : i the principal amount speciPied in the proiaissory note secured hereby. ~ ~ ~ ~ ~ S TAT E~F F L G R! ED ~ ~-o ~ t - DOCUMENTAR",~ ;~`.;~STIaM? i!~ ~ I~JY~ O - ~ ~ ~ ~ ~ i)EPi. JF REYENU~ ._f I ~ ~ p~ ~C Wi~I~E f'fR _ ~ _ _~~Ci 3-'17 ~~''~f~ "~J 2. V 0 ~ WR~IMf ~0 QMPfER 71•1~1. ~C1g OI~ ZY~~ -~~i s m ti - P e. ! ; ~ R06ER PORRAS ~ j ~ ~ o=~ ~ ~ n' _ - - G~dl1~ f~W~ ~L WC! ~ R~ f ~ t togarMr vrith aN wd wpvlar tM te~na+t+s~ h~r~ditarrwnb and appurtanc~s th~raunb Mlonpinp or in ~nywiN +PPK~~^D ~~to. and dl nMS, h~w~„ i ~ prot~eds and ptofita aooruinp ~nd to atvw from s~id pranis~s. all of which a?e ind~?d~d in tF» abov~ ~rd fotpoinp daaipfion and MbM~dun~ ~ TO F4AVE AND TO HOI~ tM ~bow d~wibd and pr~r?t~d pr~s unto ttw wW MORTGACsEE. iM wocs~ors and assip~u faw~. Md th~ ~sld ~ MORTGAGOR fa their Min. ~xKUtas. ~dminlstr~ton and assipnb hasby aov~n~nb with fh~ said MORTGAG~, ks aronMws ~nd aNf~n~, , ihat thP~ 8re I~wfvl Niz~d of th~ Mid ~ y iz d pnnuus in fe~ simples th~t flr wn~ ~n fir», dw and dbchwp~d fran aU IMrN ~nd ~ ~ brences fn ~.w o. in .4uity. «w they wi~~ .od their h~i...h.~~ w.rt«a .na d~«+a ttn H+b w d+. ,am. to th...w ~ MORTGAGEE, Ns woanors ~nd asip~u, forrwt ap~insf tir lawfvl d~Yns and d~nds of ~II p~norot ~b ~ PROVIDEO. ALWAYS tlwt N/M MORTGAGOR thrll p~y wdo tM MORTCsAGEE tk~ promb~ary not~ Mr~inMfon daa~d ~nd ttMll truly. P?~P~~'Y ~ and fullY P~~'4 exaoul~, aanPlet~, wmplY with ~nd abid~ by ~ach snd ~wry th~ stipulatioM, pr~fs, oordillona ~nd eovMUnb of uid ~ prom;uo~y noM ~nd of N~is Mortpapt. t1Mn thi~ Mortpp~ and tM &taf~ htt~by usat~d ~II uaw and b~ nuN ~nd void. IT IS UNDERSTOOD tFwt the word "Mo~tpapa° ~wh~tMr h tlw sinpular a plunl anywh~rt In this AAort~p~, ~11 b~ siny~rbr If an~ only and ~ a ~ •h~li b~ plwal ~olntly ~nd wwnly ff nwr~ than one. ~d th~t tM word "tMir" ~a wed anywl~re in fhis llllorqp~ shdl b~ tak~n to en~~n "ht~." "han." ~ ar "itf," wlNnwr fiN aoM~xf i0 inpliM or ~dmits. Abo. 1Fwf wFw~twt thN~ b~ r~fa~nCt M fIM OOw~aMf and aprMnwnfs hMtin oonf~kMd fo anr of ~ ~ th. parti~s lwrNO, the wnr ~h+lt b~ aorotrwd b m~~n a well a tM hNrs. Ipal npra~nt+thra, wa~ston and u~ipns (~itMr vohxNary bp act of th~ ' parti~s w k~v~olunt+ry bp- opK~tion of th~ i~w) of th~ s~nw and H~at tM oov~n~nb M~~in oom~imd ~tl Wnd ~rd th~ b~nefits and ~dvaMp~s Mwr~ to tM n~qCtiv~ h~irb NW~ ?pr~nt+tiw~, woa~wn ~nd atat~ns of th~ p~rtip IwMO. Md ~aW A6wqqon, fa tlwna~lws and tMtr M4+. b0+1 npa~mathrN. wassson ~nd +aiDi+~. ~~?Y i~h? and s~v+wlh? oow~~ ~nd prN ?o ~nd wlth th~ wW MORTGAGEE, it~ wcaswrs ~nd asipna ~ ' 1. To ph? ~tl ~nd ~inp~rlr th~ prindp~l and int~rat and th~ various and wmlry wna of ma~r~r p~yabl~ by vlrtw of wtd promhsay nof~, and ti~ mortyap~, wth ~nd ~wrr. P~~M~Y d~Y~ ~«P~~h /M s~ne w+?~r~ll~? b~tan~ du~. 4. To phr aN and ~inpular th~ tax~s, awanwn~, bvi~s, tiabiliti~s„ obli~tlona and aKVmbranas of wwy natur~ and kYd now on s~id d~wib~d ~ p.op~rty, a tMt hNwfw ~y b~ impw~d, wH~~d. P~+ad. kvi~d, or s~swd tMnoe~, or th~t hassftK n~r b~ twi~d a~d vpon thi~ N(or1~ a~e, w/1M Mtd~bNdnns sKw~d h~nbY. ~ath and ~rNy, whM dw and piy~bb, aooordinp b law, b~for~ theY b~ta~N d~IM~quMM. M~d bf(on ~n~? d~MrMf ~ anaciws or any pM~Hy h inax~~ds API~ INSOfAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII dE PROAAPitY SATISf1ED AND DISp1ARGE0 Of i RKORO ANO 71iE ORIGIWLL OfFIC1AL OOCWMENT (StICH AS, fOR INSTIUrCE. THE TIJ( RECEIPT OR TF# SATISfACT10N PAiER OfFK1ALlY ENOORSE~ ~ OR CERTIFIE~) SHALL ~E VIACfA IN THE HANOS OF SAID MORTCsAGEE WITHIN tEN CAY3 NEXT AfTER PAYMENTs and M th~ ewiM th~t ~ny tlw~~of N not pa~d, sat:sfi~d and difd~p~d s~id 1NORTCsAGEE may at ~r tirn~ pay th~ wn~ a any pwt N~ap~of withovl w~iviep or afhctpg ~nY aP?foe, 1i~4 ~Witp or ~tqht und~r or by virtu~ of Nda narqpe and tM full a~novm of Nch ~nd wery wch p~ym~ed siwll b~ imnwdiably dw aod p„rable and ~hall bw Mn~r~st hom tM d~q flwnof umil p~W N r~» of nin~ qr ceetun+ p~r amwn~ ard topNF~ with wd~ inrM~st sl+all b~ s~cw~d by tM li~n of th;s narptap~.