HomeMy WebLinkAbout0398 ~ . :~~3;~~ ~
tw~ u~pH~fURt M«I, M,. 22th d,y ~ December ~,p. ~9_Z~baw,a,
~ B D his wif
~
~ St.LLiC~@ ~ Cp~fy flaid~, I+KNnahw dNqnu~d ~M "MORTGAGpR;' and flltST FEOERAI SAVINGS ANp IOAN
ASSOCIATION OF FORT ?IER~E. ~ Qapor~tion or~ni~d ~nd ~si~~i.q unJ~. ~M law~ oi tM Ue+~~d S+a~a of 11m~lu ad havin0 Ns princlpal pba of
bu~imw in thi G1Y ef hM N~?a~ St. lvci~ Co~xar. F1aW~. Mr~ftN d~sgn~qd u tM "MORTGAGEE."
WHERE/1.t tM lNORTQAGOR M iw~ly ind~M~d ro tM MORTG/~GEE tn ~M wm of 3• 30,~30Q.OQ_~ ~ ~y
St~t~s ~dv~nad by th~ IMOR~GAGEE:unro ~M MOkTGI?GOR....~~d.~c.d by • u.rain promtuay ~wa of ~wn d~» A~rNA. ef wAw~ IM ~Iiwrl~ N
wuds ~e?d fipwN A~ t/w oopy. t~wlft
s. 30,300.00 O1-23022245
fa-t Pce.ce. rlw~da. ~eceaber 12 ~q 77
Fo~ vtlw ~K~iv~d. 1, w~, w~ithet of ~s, p~Gmist to pay, wi~hovt -dei+lcalion. 1o tM adN o~ FIRST fEDER/1l SAVINGS AND IOAN ASSOCIATION
OF fOR? PIERCE ~t fat ii~rp, Florida, tM wm of = 3Q, 30U. ~ _ wuh inNrs~t kom d~M ~t th~ raN of 8• 5 % pK M+nwn. t~
mombly imtdlm~nb ~s followa: = 243.99 on the 101h day of Ret~ruaryt 19 78 ~nd • lik~ aw+n on
rfie cwrespadirg day of Nd? moMh tMr~~ftK until tiw whot~ b~ fully paid.
Exh inat~llen~nt iin~ ~M~1 b~ applid in p~ym~rt~ of thr intfr~st ~nd tMn on tik unpaid bal~nc~ of IIw principal ~um. It d~f~ult is m~M
~n r?» p~ym~nt ot any inat~ilmMt wFre dw. ~nd wch d~fauh conNnuK ~0 d~ys, tMn ar ~M optan of dw holdK. ~nd witF~out ~ny aher notice,
a!I rh~ ~~ininp imtdlen~nt~ ~11 b~ dw ~nd payabl~ N ont~. Privilp~ is piv~n to prepay ihit mte i~ whol~ q in part ~t any tin~ without
p.naMy. N~i~her forpe~r~na. nw ~oapr~nu by the hold~r tMnof ~ff~r +ny d~f~~l~ in anr paYmem M.wn. shalt b~ dNmed ~xrx?~an. A late
p,y„~.r,~ d= 12. 19 sMll b. au~i~ed tM 46~h d~y of tM mon+A, if • repu~a? busi~ss ~d~y. w. if rw~? •?pular bwin~u d~y.
~hen M~ rnxt bus~n~~s day. w? ~ach moethiy init~llm~T no~ th«+ r~iwd:
Each nwk~?. sur~ty and ~ndaN._ Mrwf. joindy and sewr~Ay, w+iwq de~narid, pest~t~nen+ protar and noNa of praNt for nonp~ym~e~t, ~nd
furrh~r ayiree~ to a+x exherion of ti~n~ of pa~m~m. ehMr b~fon or ~hK m~twiry, withou~ not~n ~o ~ny of w: ~nd ro p~y ~il oah of coll~cran.
~~clud;rq a reaoeuW~ ~ttamy's f~ in tM ~wr+f of a~y d~favtt AK~undN. u±d hereby a~verally waiv~~ all b~n~fN of hom~at~ad and ~x~mption und~r
rhe cons~i?u~ion ~nd lav~n o~ ~+d+ Sr~~~ of tM Unit~d Staa, as p~intt thls obliqition a any ~xr~n~ioe~ o. r~w~l Fwrwf.
(SElltl
Ster~ documenq sta.n in tMN amoum ~BXOld B. Moerbeck
oF = 4~•4~` SL Dorothy B. Moerbeck ~q
.ffixed a N~t nwrp.p~ Nc+,r.d MnbY• tSE/?l)
NOW, THEREFORE, th~ MORTGAGOR for tM pwpo~e of s~cwinp p~ymsnt of wid swn of i 30, 300. 00 ~~~y of M+~
cov«+ann and apr~»nn ha~in~ft~r ~xpre~s~d. ~nd fw dv~.i 9ood a+d'wlwbl~ caaideratiai~, bY tMs~ Pns~^ri. dws prN+t. b~?9~in. s~Il. ?Nnia,
.ele~s~, tOtlYfy MI{I tO11~MT umo tM MORTGAGEE, ib ~uccesson and •~sq~~. et1 ~M+ ce.uin bf, piec~ o? parpl of Iand, ~itv~», lyinp. ~nd pdnp in tM
Cow~ty of SL. L.t1C~Q .~nd StaN of flwid+, d~wib~d as Mflows:
Condominium Parcel No. 1011, OCBAN VII.I.AS III, according to the Declaration of
Condominiun thereof zecorded in Official Recosds Book 277, pages 2686 through ~
2750, inclusive of the public records of St. Lucie County, Rlarida. ~
SUBJSCT to the tezas, covenants, agre~nents, obligations and provisions of said
Declazation of Condominiua ahich Mortgagor in all things does covenant to Mortgagee
faithfully to observe and pezfoYa.
By agree~aent of Mortgagor and Mortgagee on file with Mortgagee, ttte aithin
mortgage secures not only an existing indebtedness, but also ADVANCES to be
HERBAFTBR made by Mortgagee to Mortgagor the~aqgregate of which will equal the
principal amount specified in the promissory note secured hereby.
i . ~ U f~ G
~ 7 ~ ~ , - ~ _ - - ~ _ _ _ ~ Recen~ed s ~ a • ~p,4
r ~ . _ _ ~ ~ - - ' ' . ' t Due On Class •'C.. Pa1~nt Of T~t,M
' c : y • - ~ ~ ~ lntanpfbtepa p~.~~.,~
~ _ - Pursuent To Lh ~~1
. _ . . ; , ~ eDier 71 13q ' "''"'R.
` o = . . ~ • f
.
~ F~ ~ ~ ROGER • ~ ~ ~~S71.
_ _ 1 C~ ~ Ctrcu~t Courl. $t,
~
~opet?~e. with •II and sin~lu tM t~mtnts, lw~duen~nn ~nd ~ppwt~ncs~ tFw?wnw bsbrginy a in ~nywip ~ppNt~inkq NNreq. ~nd ~il hnt~„ h~ws,~
c~«e~d~ ae~d profin ~eenrinp u~d ro~eerw hom s~id pnmis~s. ~11 of whieh ar~ ~nelud~d in tiw ~baw M+d iorpoinq dNOr~pHon ~nd Irbu~duua
TO HAVE M10 TO NOLD tM ~bw~ dr+ulb~d ~+d qr~nt~d p«ni~u unro tM wid INORiWIGEE, t» woawors aid awlpn~ fw~wr. Md th~ wld
~ORTGAGpR (pr their M~ ~~K~rott. ~dmi~snalon ~nd aui~. Mreby owran~nb with th~ ~afd MQRT('sA~iEE, It~ N~oo~on M+d ~e~,
th~t they are N~d ~ ~
Y Wam~~ tn fN simpl~r tMt tM ~~n frN, cl~ and dNclwr~d from ~fl INa ~nd ~nam?
t..ncn in bw or k+ pvNy. ~nd Mat th@y wlll Md th@~! Min sMll w~n~m ~nd d~f~nd th~ fkN b Na ~MN t~ 1M ald
MORTGA(3EE, Ifs wopwen M~d ario~, /p~ palnat 1!w bw(vl tbMns ~nd d~nd~ of ~N qt~oe~ss
PROVIDEO. ALWAYS NW If t!N MORTG/1(iOR ~MII pn? vnto th~ IMORTGAGEE th~ prani~ay ~qN huNnb~/ph d~d ~nd ~II M~ly, pranpflp
~nd futly pM~of~n, d'qtlMe~ ~xKV1?~ ~OIPp~IH~ ~ortlplr witl~ il~ ~bi~ br ~Kh Mld wN~t tIN NipY1Ni01fIr ~MAMnM,~ ~Oeldltfo~N Mld a0WIM1fU Of Mid
promis~pfy 11Of~ Mld O~ 1~ MOf10i~. 1~1M1 f~ MOftp~ Md 1~M f~t~ ~Nf~y CfMNd CMM Mld ~ MIN Mld MO~.
IT IS UN~DfE,~R~fTOOD thM tIM wad "Mortppor" whttl~ In tM st~p~lw w phKd +~rwlwn N t1~ Matop~. dwll b~ ~+pvtn If on~ on1Y ~nd
lf1~(~ ~~y/1~ rywx~ Mld MVM~M ~ 1110~r ~~M11 O~~ bld ~~N1 t~N WOfd "tMir' u uad ~nywMn b th4 Mapa~ ~Mfl b~ tak~n b n»~n "hM.~ ~O
o. ••in," wh~rw~? tir aor~at ~e MnpliN a~dn+Us. A4o, tMt whpwM M~n M~ nfa~na In H» onwe~eh ~ed prw~+»nb MnM aonaMrd te ~eqr oi
+hs pa~iM Iwnto. 1M w~ ~Iyll b~ oorMtrwd to n»~n M vwtl N ~M hNn. Npd hpnwntKlws, a+cc+~won and aplpn~ (~Mlw vo1w~1M~ b'!r ~d o/ t1»
oi.:ws a NwolunarY b~r aP~nttoe ot t!» bw) ef th~ ~~en~ wd th~t iM oewe~nM MnN oonaYrd ~tl bind «+d th~ 4~flb and ~dv~ntaOM kww
ro tM r~eM lNM~, Ip~l aP~~~Mtlh~M, wee~on ~nd Ns1~ of 1h~ pwtlN MrNO. ~
Md ~Nd Mapqa~, Ioi Nwnwlws ~nd 11wY IMM~, tpd npr~r?utMM. waMwn ~nd ~ia+~. Iwrsb~r joiiafy ~ Nwrdfy oawwnt ~nd pn~ ~
~o and wMh tM w!d MOtTOJ10fE, 1!~ K~on ~nd pM~e~s
1. To wy dl w+/ N~rbr 1M pMidP~l M+d MI~r«f ~nd 11r wriow «+d wmdry wmr of mon~y p~y~bb b~r vlrtw of Nid panM~ory noN. «rd ~hN
^~+0~0~. ~ Md ~1?. M~M a~ tIN Mln rap~ai~r~ly tlw ~Nr Nw~~11Y b~oa~~ dw. ~
Z Te phr dl ~ ~M~br Nr uaw fwM~, N~bItMtN. s6lt~tiom ~ ~na~nbrn+e+is d~wey nstwr ~+d WMI new ~n aN~ d~wlb~/
~~ow~+r. a th~ mw b~ ~~p~, wN~r~, P~~c~d, MvNd. ~r ~d Nwnon. a N~n hwNha ~r b~ NvN~ a~~ ~prw MI~ IM~rR ~
.p~. w tM Md~W~~ wow~/ h~nbY. wMY, wMn dw ~nd p~yaW~. ~adlno to bw, b~fa~ tM'f~ b~aen» ddY~t. ~nd b~n ~n~? MNera
,+fs;hM or ~n~r P~~h/ k inuwndo A1~D INSOfAR AS ANY 1ilERfOf !S Oi RKORO TNE s~ s~+~u sE ?~nr iATISiIED AND D1iCMA~GEO Of
RECOR~ AI~ THE ORIGINAI OffIC1Al OOCUMENT (SUCM AS, fOR INSTANCE, THE TAX RKEIP? OR TNE SATISFACTION IAIER OFfIC1AllY ENDORSED ~
OR GERTIf1ED) SMAII ~E PlACEO IN iME NANOS Of SAID MORTG/1GEE WIiHIN 1EN pAYS NEXt /tfTER ?AYMENTp ~nd in tF» twet thN ~ehr fhn~of M no1
c~,d, ur:al~.d .nd d~d~.d wwf MORTGAGEE m.r .r .mr ran. P.y tl+~ a~r pat tM?wf withovt w~ivinp a~ff~ctfnY ~n1? optfo~, N~4 puitp a
•~ahr w~dN or bp virn~ of thi~ narpp~ ~nd tM fvll ~mouM of ~aeh ~nd ~wrY N+d+ WYn»M ~MII b~ wnm~t~ly dw ~nd poyabN ~e~d ~Mit bNr tMNa~
' • - ~ ~t ~i~ ~ ~~w.~ ...w..w ~wd ~es~~Ar rifA ~at1~ iM~rtif Jull Ir ~.e.r.d h.. A~ It.~ wt. ..~.r~.r .