HomeMy WebLinkAbout0838 , ~ . ~~56~~
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TMIt INDENNRt. IM~d. w. 20 t h Dec em b e r 7 7
/?.D. 19_. b~nwNn
- ~ CharlPS F Rin~~ and Phvllis A. Bic~c~eL hi~ wife
St _ 1. ~ i Cp~y f~~ ~yOMtad tA~ ~MpRTGAGOR," ~nd fIRST FEDERAL SAVIN(iS AND IOAN
I?SSOCIA?fON OF ~ORT ~IERCE. ~ ooepa~tion ao~i~d M+d ~xati.~p ue~dM ~M i~ws of Nw Un~~~d Su~~s of MNrk~ and MvinO ~ P~~P~ P~ ~
~uMe~~ in tly tN1? of i~o~rt ?bra. iR lvd~ Counly. fbrW~. htral~fta dNlpni»d N ~M "AAORiGI?GEE."
YVlIEREAS 1!» MO~T~iAAGOR w ~wtlp Ird~b~sd b th~ MORtGAGfE In tM ~um oi s 26. e~(~.O(3 pood ~nd Ihwful mon~y d th~ UniNd
Stat~s ~dwnud bp tM MORTGAGfE wNO th~ MORTGAGOR. a wklaK~d by • c~rt~ie prom~uory no~~ of ~wn d~b Mnwitl?. of whid~ liw h11~wM+o in
word~ u~d hpwM b• trw oooy. bwih
3_ 2G~400.A~ ~ 04-23022823
• ' ~ fon ~ p~.rV r~o?~d., Dec embp r 2 O 19 77
fa v~lw ncNwd, w~. a eitlw+ oi u~, aomu. io ar, withow d~talcation~to tlw~ wde~ ol FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION
~ Of FORT PlERCE n fat ?i~ro~. Naida, tM wm d: 26.400.00 _ wuh int~?est from dat~ ~t the ~ab of 8• 7 S ~ P~? +nnun+. f^
m«?~hly ~natalkn~?h a fdlo~w~: = 21'7.A5 on tM IOM~ day of Februarv ~ 19_~_ ~nd a 1~ wm an
eM cwr~spw~d'enp dsy of ~sch moMA Nw~~aR« until rM whoi~ b~ fuily p~id:
E~d+ inttdlminf finl sMll b~ app~li~d ie~ piyrntnt Of th~ int~pt ~nd tMn a~ tM unp~id 6~I~not of tht p~incipa) ~wi+. If d~iwh i~ n?~d~
in th~ p~ymsnt oi ~ny InstdlnNnt whee~ dw, and such d~f~uh continws ~0 d~ya, th~n ~t tM option of th~ hold~r. u~d witho~rt ~ey Wher notics.
~II .tM r~ininp insbll~nn ~Mb be dw and payabk ~r onc~. Privllp~ i~ plwn to prepaY thi~ not~ i~ wlwt~ a in pan ~t ~ny tinw withart
p~?ahy IWitMr iorbNranoe. nor aa~pt~nca by th~ lwk~N tM~wf ~ftM ~ny d~fwtt 1n anY payment I+K~on. ah~ll b~ dNm~d ~xtN,sion. A At~
q~y,,,~„f eha~, d= 10.85 ~II b~ ~swd ~M 2ba d~y of tM rnomh. a reyular bwie~as d~y. a. Ii no~ •?pvlar busie~ss d~y.
tMn tM n~~t b~nir~ns da~r. on tsch monthly Gut~llnNe~ no~ tMw hoeiwd ,
Exh m~lcM, wn~y ~nd ~ndw~ Iw~wf, io'v?fly +~d s~wr~Atr, w+ivb dsn+~nd. wss~at+nem pra~st and oaia of pw~st for nonp~ymMt, and
fwthK pr~es to ~r ~xnMion of tim~ of paym~nR ~ithN b~fws o. ahN maturity, wirhou~ notks ro ~ay of w: ~nd w pay dl oah of cdl~ction.
includirg • rt~son~bb ~t~om~ys f» ie Nr ~wm of ~ny d~fwh .I~~w~d~~. and hereby wve.dly waivq dl b~~efit of iw~matead ae?d ~a~mptian under
rM oom~in,tion and lawt of ~ach St~ta of tM Unit~d St~t~s, as paimt thi~ oWip~tion a uryr ~xt~n~ion a nr~w~l IM~~of.
s/ Charles F, Bi~cte
sr.e~ don,me39.y~ a~p. t~ d,. .n~o„~~ s p hyl l i s A., R i ~ge ~~y
df = u~ - (SEAt)
~Hixed to tM motlpp~ Ncv?~d l~~by. _ (SEAp
NOW, iHEREfO1tE, th~ MORTGAPaOIt fa tl» ~w?pos~ of secwieq pitm~er?t of said w~n oi f 2~s 400.OQ ~~nd tM pKfornwrc~ of fh~
cov~nar?n aad aprMee~nb Mr~hK ~pr~s~ed, and fa d'iwn pood ~nd v~IwbN eonsiderations, b1? tl~ Pn~q. doa p~~nt. b~ry+ln, all, neniN.
rslsas~, oonwy ~nd eonf'~nn wHO tM MORTGAGEE, its wues~ors ~nd as~pn~, stl ~ha~ censin lot, pi~a a pual of laed, ~itw», Ipinp, w~d Minp tn th~
~ow~ty of _ St . Luc ie ,.i,d Stm of Florid., d.w~b.d .s foqows:
' T_t~t 45~ R2ock 28~ FIVEp PARK, T!*'~? 3, according to the p~at thereof on
file in Plat 43eok 10, Pac~e 80, Public Pe~ords of St. Lucie County~
Florida. ~
Ry ar~reement of Hort~agor arc' ~tert~a~ee on file with ~
~tortqagee, the within mortgage secures not only an
. existing indebtedness, but also Ai~IVANCES to be uEFF_ -
AF7'ER made py Mortga~ee to '~tortgagor~ tt,e ag~regate
of which ~vill equal the principa 1 amount specified
in the promissory note secured hPreby.
i
~ "P~~n.vP': ~
" ~ in Pa
yment Ot Taxes
~trr :'~n e~~5~ "C••Intanp~leprrsptelprop~h
Pu~SU8~11 TO CI1~LM 7~• 7• ,
_ A~T' E ~ ~ ~ F~ ; f''. I Ro~FR Pa~us°~ ~
<<, n O~`- ` 1 M E!v i~'~ R~ . 5 T:. !J~ r^ j C~srt~ C~M~it C01+h. SL Luci~, C,O.. Fl/~,
- ° ;,F = t , s" r. tvt' .~i . T ~ ~ : !
? ~ er, _ _ . ~.;+.e-~
.'~i'-..~' ~
K~~ = Pg ~ 3 9. 6 0 t
_ - .
o -
~operh~r witA ~II ~nd ainpula tM t~n~emnM, hK~dtam~nb ~nd ~ppwt~~ees thawmo 6~fagirq a~ 1~ +nYw~ ~PP+«~~^~p ~?~to. ~nd ~11 e+nt~. [stws,
v~oe~ ~nd profita ~eoruirq and to aovw han wid pneniNS, all of whieh an indudad in tM abov~ ~nd forpoNg d~erlpt(on ~nd Iyb~ndun~ "
TO MAVE Af~ TO ilO~D tM ~bov~ dNeribid Md pnm~d pr~nwM unro th~ s~td AAORTGAGEE, hs ~uca~wn a~d ~ fonvw. Md th~ aald
MORTGAGOR for Mir~, uncvfon, ~dmiNatr~fas snd •ti
t h P 1 Y pn~. ~~Y oownanb with fM sNd Ai10RTGJIGEE. Ib wonNOn ~nd ~MIOe~„
rh,r t hgy a r e t.wtv~y s.+r~d of th. atd pr«nN.. sn f« ,impl.: rhn N~. a.m. f.N, clMr .nd
• dhclwp~d from ~11 Uur ~nd ~~nr
b..nc.s in ~aw o. tn.q~,ky. «d d,•+ thev ~p~.nd their h.ira.h~l~ w.n«a and d.hnd.th. tel~ a ~h..wa. p th...td
MORTGAGfE. Its suoas~ors Nid ~wlpn~, for~w? pNnaf yy i~w(vl d~Ny ~nd d«n~e~ of ~U pwpr~t
PROVIDE~. AIWAYS tlNt If t1N MORTGIIGOR ~IMII p~~ unto tM Mt1RTGAGEE tl» p~pNwory not~ F~nb~fOt~ dMVlb~d ~nd ~hall hvly. P~'aM~~1?
~nd felty OM6otn4 dadMe~pl. ~x~euM~ COe+1pNM. sonplY wHh ~nd ~bld~ by ~Kh u~d ~vKp 1FM qlpYbl~OM ~Dt~MMnh~ ~Obditi0ns ~eld COVM~MW Of Nid
v.om~s~ory ewN snd d thy Morl~, tfw+ Mi~ Mapaa ~nd th~ bu» ha~by erwt~d ~tl aa~ and b~ null wd void.
IT IS UNOERSTOOD tlwt th~ word "'Morq+Yor' wMth~? b tM sinpuln a plwd N+ywl~ In tF~ Morpp~. ~N M~kipvlar N a» ady a~d aso
.i,~11 M ptwN ~ointly and Nwr~lly N n~oer thrr~ on~. ~nd MN t1w word "thti?" a~ uwd ~nywMr~ In MN
Matp~ps ~11 b~ t~k~n to nM~n "Idr,"' "Mn,'• o
o. "it~," wh~rrwr tA~ can~t w N~p11M a~dmMa. Aho, tMt wlw~wr tl~K~ a~ ~ef~~na b tf» covrn~nh aid pr«nwnb i~Nn aomakwd b ary d a~~'
rM pMiM MrMO, th~ tMn~ dwll b~ oonatrwd ~e n»rn M vwlt M tM htGa. ipN np~twntatiw~, wcaaon ~nd ~Ipnt (NIlw? voltaMary b~? ~ct d Nr
pania a Inroiunnry bp apptNon o1 th~ bw) of th~ ~ yrd tMt N+e aov~n~nn h~rNn oom~krd sMll bMd aid th~ b~ffts ~nd ~dwNq~s Mww ~
~o th~ rpp~eflw Fr4~. Ip~l npn~eM~tlwb woaMas ~nd ~M!Qiq o( tl» pufiM hKNa
Md wId Ma~ppors, fa tlwnr~hrM and tMk h~M~. Ipd rp?wnath~s. N+a~s~o~s ad wtprr. MnbY io&+th? +nd Nwraltr oov«w~t and prN ~~rr
ro ~nd wifh fFw s~ld ,MO~TGAGfE. ha avaM~wa and wi~u ~
1. To py dl wd ~kqvln N» plnelpal ~nd ~»r~q ~nd 1h~ vuiow ~nd ~vndry sw~r of moewy p~y~bl~ by rinw of wW ~
'^a~O~M. ~ an/ wrry. M'~P~h? en tM ArM rMV~~1? 1M wn~ »wrsNp b~oo~ns dw. ~^Oh• ~d thM •n
Z To pry ~M ri/ ~M~Ir fM faaw ~iM, bvM~ Y+bHNiN. ~bliONiar .nd ~ncwebruKw d wrry n.n+n .nd kMd now on ~Nd d~wbed -
p~opaty, a IhM h«NNM inM b~ ~~PeM~, wAfv~{, pl~d, bvMd. Or ~~d thN~oey o? th~t .INrs~ftK
m+~r b~ I~vNd a~d upon this Mort~
+p~, a tM Md~b~~drwM wcw~ Mnb~r. ~~1 ev~r. wh~n dw ~d p~y~bl~. ~coo~b+o fo Ihw, btfon tMY b~can~ d~Ikiqu~a. ~nd bdor~ an~? bqntl
set~eMa a anp p~naity I~ kKw~rdt ANO IIYSOiAR ItS AIVY TltfREOf IS Of RKORC TME SAME SNALI 8E ?RONVTIY iAT13flEp AND OIiC!lARGE~ Of
RECORO AND TNE ORIWNAL OfFICIAt OOCUMENT (itJCM /1S, fOR INSTANCE, TNE TAX RKEF/1 OR THE SATISfACTIqr rA?ER p/f~CIALLr E~O~Ep
OR CERTIFIEO) SNALL ~E ?~ACED IN TNE M/tN0` Of s111p II~pRTGAGEE WITNIN TEN OAYS NEXT AfTER ?AYMENTj uN1 tn fi» ~vMM NNf ~np IMrrpi M nw
a.~d. ~.+:~ft~d ~ud di~dw.oad w~d A~ORiGAtiEE ma~ ~t-~n~r tYne p~y th~ sw~+~ a~eqr put rlwnof whhow wdvhq a~ ~fi~etlnY ep~ion. INn. ~qvlh a
~~~h~ wid~r a bp vkew di thN narpp~ ~nd th~ fvll an+ount°of Neh ~nd w~ry wd+ paym~nt ~hall b~ hm+~diat~ly dw and p~y~bb N+d dwll bM? N~N?~t
~~a+~ rt~ d~N tlw~o/ ueNl paW M~N~ of nin~ p~? qe~twn per amum ~nd ~Nlwr wifA weA imu~t ~II b~ »tw~d b~r ~ qM d MJ~