HomeMy WebLinkAbout0875 , 38Q6,~4 ~ • i ~ ~ ~
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•rH~s ~r~DErvnlRE. M.d. th. 2~tb d,~, Seotembe r . q.o. ~9 - e.M,..~
lrred J. Preece snd Patrioia A. Preece, his Mife
of St• T.1tC~9 ~~y ry~~ ~~~{pr ~MNd q 1M "µpRTGA(',qR,° ~nd fIRST FEOERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, ~ oapor~tion orp~nls~d and ~xistinp w~da tFr lawa d tiw Unitd Staa o( /1rr~k~ ~nd h~viep its p,rkrcipal plao~ oi
bwMra b~ GIy d Fat Pi~ra, 51. tud~ Countyl flaid+. ha~ft~? daipMt~d a Nw "MO1RiGACsEE."
WFiEREAS th~ MORTGAGOR M~Ny G+d~bad q 1M MORTGAGEE in th~ wen of ~ ~.i~~3~•~ and INwful n+a+~y of th~ IMiNd ;
Sta1~s advannd by th~ MORTGAGEE vnto tM MORTGAGOR. a~vid~nud by • u~~in promisso~y noN of ~wn d~t~ Mr~with, o( which tM Mllowinp M :
word~ and fiOw~s M• hw ooPY, wwit: ~
f_ 31i,300.00 N, ~-23018532 ;
~ s.~ P~:: ~~.~d.. Septe~ber 27 i9.~'L
for v~lw nc~iwd, 1, we, or ~itM~ of w. promis~ to paY. without d~fdution, to th~ ordK of f~T ffDiRAL SAYIt~(Cr6 AND L~/1N~(~SSOCIATION
OF FOR? PIERCE at Fort PiKO~. Florid~. tM wm oE ; 3~~~•~ with in~N~st from WM ~t ~ r~t~ d 8• % Pa a~num. in
ma+thly Inaqiim~+?b as fdlowr. ~ 276.2~ _t on tM lOth day of Naveaber 19 and a lik~ we? on
rM oo?nspoodinp day of exh monM tM+eaftK unt~ IiN wlwb b~ fWly pikl. ,
E+ch insutlm~m fint shall b~ applHd tn p~ym~n~ of Nw intKest ~ad tFwn on th~ unpatd balann of tM principd iwn. ' tf d~fwh it mad~
~n th~ paymN?t of ~ny kut~li++~nt wh~n dw. and wcl~ d~f~uh continw~ 30 day~„ th~n ~t Hr optioe of tl» holdN, and without snr otMt notios.
all th~ re~n~inirg Insbl4nN?b sh~ll b~ dw a~?d payabl~ ~t onp. Privi~ ts 9iv~n to pnpay tNs noh in wlwl~ or i~ parf ~t ae?p ttm~ withouf
P«+~RY• N~itha forb~ana. acc~pt+rKe by th~ hoIJK N~a~of ~ftK ~ny d~fwh in ~oY WY~+~ ~we. sMtl b~ dNrtNd ~xnnsioe. A 4t~
P+r~++•m d+up. of i 13 ~ sl?d~ .s~.n.d ~ d,. 2bh a.,? of +h. n,a,M; if ...p~d.. bv.in.,. d+y. o~. ff ne~ . np,d.. bi,tin... d.,,.
then th~ Mat b~nkwss d~y. on ~sch monthiy inat~lin~t not N»n nalwd.
Ead~ maka. sw~t~r and ~+done? hawf, iointly and sewrdly. w+1vq dMnand. D+~nMMe?t prot~st aed no~iw of pron~p for ranprym~nt, awd
funiwr apre~ ro any ~xteesFo~? of tim~ d p~ym~r?t, ~itl»r Mfor~ or ~inr m~writy. without noKa ro aay of ust and ro pay ~II cosn of oot4dion.
incivd'u~p ~ ~~a~oeabls attaney's fN in th~ ~wed of any d~fauh i~arwnde?. and her~bir Nw.dly w~ivp ~II b~ewfit d ho~nut~ad and t:anptfa+ u~d~r
+t+~ wmtitvtioo s~d laws oi ssd? S~~h of th~ Uni~~d Stat~s, a apai+at tl~a obliQation w any ext~naion or rsMwat Mr~of.
~ ~ ~U
3 Fred J. Preece ~
s~ar. a.mps h+ tn. •nw„M fSF~w
~ s ' t~ ~ S P ti cia - A. Pte e cs~w !
.ffix.d to th. m«~p.0. .«wra h...b,,. .s~~~ _ /1.LL1,~ ~ `
Now. n~REFORE, th. MORrc/?coe fo. n» w,.po.. of ..ev.irq p.~n,«~r of ..w .wn of s 3b, 3~.00 ~,«~e th. p..rornw~. of +h. ~
oowMr~a and a~~em~nb Iwninaf»r ~xpress~d. ~nd fw dMrs pood ~nd va.wWe oomidKatioer, bY 1iNw PnMnM. do~s pr~M, b~rpdA. kll, r~niq, ~
r~Is+M, oonwY aod oonfino wNO tM MORTGAGEE. i1s wc.aaon and asipns, ~II tlMt aA~in 101. P~n a P+~~ ~~~d. silu+t~y lyinp. ~nd b~iig in 1tN
~a~Y of S~i. Ir1~C~.B and Stst~ of Fbrtd~. duoib~d ~ fdbws+ ;
Coaadominiu~ Parcel No. 737, OC~ VILLA3 II, according to the Daclaration o! Coada~inin~
thereof recorded in Official ~cordg Book 2T1, Pagea 2876 - 2939 inciasive of the pnblic =
records of St. Iucie Count~r, Florida. ~
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SUBJBCT to the teres, covenanta, agreeaants, obligaticns and pravisions of sald Declara- ~
tion of Condo,dniu~ xhich Ii~rtgagor faa sll thinga does covenant to IY1orEgagee faithth].1~
to observe and pertora. ~
B~r agree~eent of l~artgagor and Ibrtgagee an file vith M~rtgagee, t~t?e ~rithin ~ortgage
secnres nat ool,y an existing tndebte~ess, bn~t also ADVAI~TCffi to be HSRE!?FTSR aad~e by
li~rtgagea to I~brtgagor the aggregate ot which ~rill eqnal the princip~l a~o~nnt speci-
fied 3n ttia proaissor~ note aecm~ed hareby.
~ STATE ~F FLOR:~~ ~
M
DOtUMENTARY,~_ ~;~_ST~ M P ~ t• ~ ~ lA ~J
`v oEPT. UF REVENUE = ; - , RECEi~'FD S_j(/ -
~ GF i ~SXEy
~ PB_ ~ tH.T-a'1T~. ~~i 5 ~ 5 ~ ~~T'~'C IyfM;;t6lE rf.. ~ . . 0:'F.~t1r
~ _ _•....,1 P:
m - ~ 10 CIIIWfER 71-134,
o - ~~i~., ; ~ ACTS OF 19/1.
ER PORRAS
r,~adc d+~cun oo~u~ sr. u~c~
+og.rh.. with .u .nd sinpub? +h. +.o.m.nq. Iw..diama+ts «,d .ppurt.nas M...uMO.b.{onpin~ w in «~rwh. +vp~r++Mino thK.+o. «,d d~ ..m~. b.ua.
p.«..a. .ea profin .owinp .na w.ww fron, ..w pr.n~a. .0 of wt~iCh N,ciud.a in tr» .eoM. .na fanpotnp daaipNon «d h.e.odum.
TO NAVE AND T1,1 HQLO tM ~bow dhcribd a~d Spantad prwniws ~~o the s~Ci MORTGJIGEE. Na suaas~on and assipna forewr. Md th~ s~id
MORTG/~GOR~ L[le].T hdn. ~xKUton, adrnirdd~efors am1
Tr119 82~9 ~~bp carv~nrMS wl~ IM ssid MORTGAGE~ ib woc~ws and apl~„
thaf ~1WfV~~y t~l~ M1d P/M~IiNf~~l ~TfM~fj f~Mf t~l! li~M M~ f? C~Nf Mld
r_ d~c~h.ro.d fro~n ~I~ a.~. .~a
brsneq M larr or in ~quify. ~nd th~+ will ~nd h~irs shdl wanaM Md d~fMw! tli~ tffl~ b th~ uen~ b flw sNd
MORTGIIGEE, ib woaNOn and asip~r,'forww ap~irnt 1M I~wful d+iny ~r+d dwmnd~ of all p~sonst
PROVID~. AIWAYS Mwt lf the MORTGJIGOR sh~l) p~y umo tM NWRTGACEE th~ p?o~niNOr~ rw1~ Mninb~fon d~wib~d and dwU hvlp. promptlr ~O
:nd tulh P~ ~o~. es~cvt~ eomplN~, oomplY with ~nd abid~ b~r ad~ and ev~ey the stipirlation~. +p?~, oon~ttons ~nd aov«~1s d said ~
promissOry f~Oh Nld Of t~li~ MWlap~. t1Mn thit MOtf~ip~ M~d tIM ESt~h hMlby CfMNd ~IMU piN M~d b~ MI~1 NN~ Wid. ~
It IS UtdDERSTOOD M~f th~ word "~o~ty~poe" whNlw in 1Fr ~inpulat ar plural anywlw~ tn tN~ /Nortp~pt, siwdl be sk~pubr if on~ ady and
{hi~1 6! ~f/f~ +p~fq~t afll~ MVif~~/ ~ fl101! 1jlMI qN, ~Ifd 1~M1 ijN 11/0fd `t~ll~Y~~ a{ IIMd MIYW~Mf~ ~II t~ ~0[!~~ ~ i~FMI 10 IlMill `~""'~f~f~" ~
w"its," wlwwM th~ ~ont~~d w impH~s or +dmib._ Aho, that wlwe+rsr th~n is a r~fK«+o~ h~ aov~mnea ~nd apr~eMnts hK~in oomairwd to an~r of
rF~e P+~ti~a INrrto, the sMn~ shd{ M wnqrwd to n»an ~s weN a~ fhf heirs. Iqd +rP~u~nhtMs, woat~on and aniDrr (NtM? w~olwuary by ~ct oi !he
parths or hvoMsM~ry bf/ op~r~tion of th~ Iwd of tM sams ~nd tFNt the cw~nts Iw~in oomaMnd ~II bY~d ~nd th~ b~nefits ~+d advantapn Ywr~ ~s
ro tM tNpKtfvr h~in„ bW~ npr~wntnivM. aroop~o~s ~nd aai~r of tIN p~rfi~a hM~to.
Md s~id IIAorlpapoe~„ (or tfweN~Ms ~nd M»ir h~in. (p~t rpr~nr~tiv~. wawroes and asip~r,. Iw~bY i~MY ~d Nwrsll~r ao~+w~t ard apr~e ~
to u~d wMh th~ ~I MORT(iACE~. its Mrooa~ors and asipe~
1. To pay aN and ~i~puhr Nw principal and kKaat and th~ vaious and sundry wsna d ~nonep WY+bb b~r ~Irtu~ of uid praniuory eoM. and thY ~ i
^~9+p~, wch and awry, pranp+ly on th~ d~ rap~ctively tM unM ~ewraNy 6~oome dw. ~
2 To p~y ap and sinprbr th~ taxa. a.aaa~ms, fwi~s. Ii~Wlitia, obUp~ttona +nd «+a+mbanas d~wry ~+nd kind eaw on aid draA~d
v{~b, a N~a h~r~afbr nry M Mipo~~d. wfhnd. P~+ad. ~w1d. a~swd th~noA, a~ th~t Iw~Nfw mry b~ NvNd a«a~d vpoe d~ Mwl~
.y~. a tiN Md~bNdnba aeund h~nb1?. Meh ~nd ~1?, wlwo dw and pa~r~, sooadirq b I~wr, bfoh Mh? beoonr. ddi~quMy ~nd b~fon ~ey iN~M
ertaclws or ~nY f~+hY i~ ~cvrr~dt AND lNSOfAR AS ANY TilEREOF IS OF RKORD Ti1E SAJME 511A11 !E PROINPTLV SATtSFI~ ANO 0~{SClIARG£A Of
RKORD AtVD T1~ ORiGINAt OFfIC1Al pQCUMEM (SIJCM AS, fOR INSTANtf. TF# TAX RECEIPT pR THE SATISPACTION PAPER OFfK1AL1Y ENOORSED
OR CERTIHED) SHAIL !E PLAGED lN THE H/1N06 QF y?10 MORTGAGEE WIiHIN TEN OAYS NEXT /1fTER PAYJNENTt ~nd in th~ ~ tF~af any tMr~of na
p+id, ~at:sfb0 a~d d~d~d ~aid MORTCsAGEE ~y at ~n~? tim~ pay the ume w anr paA tlw~of witlw~t waiv
•pl,t urdK or by vktw of tNs narqp~ and th~ full amount of Nch and wwy w~d~ pi~t sFwll ~ ~ a aff~cti^0 anf? aWbn, p~n,. ~quUr a
hom tiy daM tlMr~of wiHl id M ~aM of e+ir+e ~~Y due and pay~b(~ and th~ll bN? trM~rw
W P~? urtMn pn arwwrn and topMM? w;tA wth int~r~st ~MII b~ wcw~d b~r th~ ti~n of tM morota~. ~
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