HomeMy WebLinkAbout0083 :3~519'7'7
TNtf INDENNRE. AA~d~ t1i~ ~th day of ~ n~,~P-[1lh '-~Y' A.D. 19~~ b~twea?
' Rirhai^c~ O~Conn _11+ t~ r~;~rri~~~~i 3~~~slt ~
cf :-~t ~ L~~cj P , ~p~r~ty Flaid~. Mr~in~hN d~~iyn~red •s ~he "MORTGAGpR," and FtRST FE~ERAL SAVINGS AND IOAt~;
ASSOCIATION Of FORT PIERCE, ~ torpor~t~on wp~~it~d ~nd •x~~ti.p und~r th~ i~ws of tke Un~ted Seah~ o} Am~rica ~nd havinp i~s princip~~ plat~ of
bus~n~s~ 1n tA~ Gity of forf PiNt~. St. luci~ County. Flaid~. h~r~in~ft~r d~~~pnat~d as th~ "MORiGAGEE...
WHEREAS tM MORTGAGOR U jwtly ind~bt~d ro tA~ MORTGAGEE in tM sum c,f s_~ r~ ~ good ~nd I~wfui moM1r oi th~ Unit~d
Sfates ad,r~nc~d by tM MORTGAGEE unto tM MORTGAGOR, ~vfd~~ctd by a certsi~ prom~ttiary nor~ o{ ev~~ dat~ M?~.v~th, of which tM /olt~winp ln
..ord~ and liqu~~a ls r trw wpY. ?owit:
s :7:1;2~.~:2-__ ~ ,n,,0~-2392163~
Fo:~ Dlerce. ~to.~da.' ~ '.,-;..:a.._...._. 19~!
Fo~ v~lu~ recaved. 1, we. or e~ther o1 us, prom~ie ~o •y, wi~hou~ drtalcer~o~. to ~h~ wde~ of FIRST fEOERA~ SAVINGS ~ND LOAN AS30CIATIpN
~F FORT PIERCE at fort Pi~rce, Hw~di, the wm of s___ 3~ f 500 • QD w,~h interest from d~a a~ the r~t~ of _~°X. p~r •nnum, in
~r.unthly ~++s~+ilr»enh ~s follow~: i ~ on the IOth day of _-~E'bT'lla , 19~~ ~nd • Gkt ~wr! on
•r,r co.respo~d~~+g day of each month thare~ rcr unri ehe whole be fully paid.
Each ~ns~atlment tirst shalt be appl~~ in paymenr of rhe inTereit •nd the~ on the unpaid bdance o} tht principal ~um. If def~ult is made
,~he paymem of •ny inat~timent when dus. ~rd a~ch d~fauN continues 30 d~ys, ~I~en a~ +ne opi~on o4 rhe hotder. •nd withwt •ny other nor~ce.
~he .emain~ng inst~llm~nt~ ~hall be due ~~d payabf~ o~ce V~ivite9s is pive~ to p~epay ~hi~ no?e in whols w in D~r1 ~t •ny time '«i~hout
Nr~ai~y N~ither fo~beu~nce, ~+o~ ~cc~pt~nc~ Dy ~he ho~d~r Mereof aft~r ~,y d~faulr in any p~y~nent hereon, ih~l: ba de~mcd extension. A late
cayme~t charg~ oi S 1~.~~, sha4.~,yw~ed rM 4ba d~y of the mon~h, if e~cgular bu~inesa day, p, if no~ a regul~r bu~ine~s day.
~hen the neaf bu~iness day. on eacti monthly in lment th~n ncrived.
Each maker, surety ~nd endo?~K hereof, jc~ndy and se+eraAv, wsive~ dr~~and. present.~ent p~o?e~t ind not1n of protest fw nonpayme~+t, and
'onhe. agrcef eo any extesssion of tim• 01 payment, ei~her ~for~ or •ftir m~tur~ty, wrtho~.t nar,,e to any of u~; +ed ro p~y •U cosfs of collection,
•~c~~d~ng s~ceson~ble anomey'~ fe~ ihe event of any defeuir hereunder, and he~rby aeverelty wa~ve~ •tl ben~fit of hom~ttead and ~xemprion under
~ cons~h~non and iaw~ oi c~ch Sr~r~ of rhe Un~ted $fa?es, a~ ~p~~nii thi• obl~yat~on w any ex~~nsion w ronsw~l h~~eot.
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51.+re doc~rt+eLn~ary s~amps ~n rh~ .~,w~~+ _ S~ R
i
~Yiar~ C~YLt'1~~ ~ (SEAI!
of =--~4~ ~ 25 ar! - (SEAl1
,ff~xed to fM mortp~Q~ ~scur~d Ma~by. • _ (SEAI)
NOW. THEREfORE, th~ BtiORTGAGOR for the purpou of ~ecw+~+g pavment of s+~d ::,m of = 37 ~ 50~ • 0~ ,~nd tM pafwm+nc~ oi fh~ '
coven~nt~ and prNmtM~ A~r~iruft~r •apretud. and tw d~~en Qood and v~tusbte con~~~ir.a~~o~i, by tMN prt~H+ts. do~~ yrant. baryain, ~~11, ~~m~i~,
release, convey ~nd tonfirm unto 1M MORTGAGEE, it~ ~uccessorf and a»ign~. zi1 +har -errai~ Iot. piec~ or pa~cel of land, ~itu~t~, lyinp, ~nd b~iry Iri tM
County of .St:. Luc i e Sute of Fbrida, dsw~b~d as follows:
~ondominium Parcel No. 1031, OCEAN VILLAS TII, accordin~ to the Declar-
ation of Condominium therof recorded in Official Records Beok 277, pages
2686 through 2750, inclusive of the public records of St. Lucie County,
Florida.
i
E ~UBJ~CT to the terms, covenants~ agreements, obligations, and provisions
t of said Declaration of Condominium which Mortga~or in all things does
; covenant to Mortgagee faithfully to observe and perform.
~
; By agreement of Mortgag4r and Mortgagee on file with Mortgagee, the within
z :nortgage secures not only an existing indebtedness, but also ADVANCES to be
~ i~:RF,AFTr.R made by Mortgagee to Mortgagor the aggregate of which will equal
; the principal amount specified in the promissory note secured hereby.
I
= And Mortgagor herein further covenants that the real property described in
this mortgage is not the homestead property and neither is it intended to
v
; be their homestead property. ,
~
R,,-~.,,p,• s ~S tn payment Of 1~xes
; } --T - - - - . t p:;r, p~ C~ass ..C•• tntan~iblePe?SOne{Propertll.
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; ' : _U h~4 c N , A ~ . ,f * . ti,; ` ~ , . : ~u~suant To Chapter 71. 134. Acts Of 1~7i.
. . ' ~r~~_ •,'T : ~ ROGER POITRAS
; _ - ;~.~-;•-a 5~j. ~ Cie~ Circuit Court. St. Lucie, Co., Fle.
+ . ~ - = ~ y
-ge~ner w~th all ~nd sirqul~~ tM t~n~m~nts. Mr~dihmerot and ~ppurtantea th~rlunto belon9ing or in ~~ywit~ ~pp~rt~inlnp iMt~lo, tnd ~II ~~ntt. Is~uN.
:.•oceeds ~nd profits ~cuuirq ~nd to ~eerw from taid pr~miu~, •N of which are ~nclud~d ia tM ~bov~ ~r+d fapoinp d~wtption ~nd Mb~ndwn.
i
r TO HAVE AND TO HOlO th~ •bov d~uribd ~nd yr~nt~d premis~t unro ~h~ sald MORTGAGEE, ih sucu~~on a~+d ~ufpra for~wr. Md tM aid
~ .:tiRTGAGOR fa hi~ ~x~cvton, ~dmini~tnton ~nd aisi9ns. h~r~by cov~n~etf with tM s~id MORTGAGEE, !ts wcas~on ~od n~{pro,
S ~h~ 1S
: •^3~ - I~wfully t~is~d of tM ~~id prtmiwt in f~~ um Ir, tl~at tM samt an frq, el~a ~nd d4tharp~e! frpn ~II Il~rn ~nd ~etveo-
r
~ c~a~ce~ in I~w w in ~qvitY. ~nd that he wflt and h S Miri th~U w•n•nr .nd d.hnd ~M rhl. ro tM sanw tq ~h. sald
~1ORtGAGEE. 1t~ sueuaors ~nd ~uqeu, fww~r palrut tM I~wful eiaims ~e+d d~ma~ of dt perswu;
; PROVIDE~, ALWAYS tMt lf tM MORTGAGOR ~Mli p~y unro rh. MORiGAGEE ~h: pomtwry no?• her•inb.fon d~wlb~d .nd sMll fruly, promp~ly
e- d futiy p~rform, d~~elwrp~. ~x~eut~, eompl~t~. eomply wiih •nd ~bid~ by ~aeh and ~v~ry tlw uipulaeiom, prNrrN~n, ep?d{tloew ~nd oov~nn of said
c+o~n~~sory noe~ ~nd of thia Nb.tpp~, tMn thl~ Mortpp~ ~nd tM Ei+~rs her~by u~~t~d shatl aaN ~nd b~ nuN ~nd wid.
IT IS UN~ERSTOOD th~t tM word "Mortypor" wMtF»r in tM sinpular w plw~l snywh~r~ tn thra JNortpap~, ahall b~ alnp~l~r If w?~ only ~~d
~h.ij b~ plural join~ly ~nd NVN~IIy If mw~ than on~, ~nd thn tM wo.d "~Mii' w~d ~nywMn in thb Matpp~ tMll b~ t~k~n to eewsn •'Rb," •'Mn•.
"in;' wMrw~r tfi~ wm~xt ~0 4npliN or ~dmMs. Alw, tiut wMnv~r th~r~ b~ nf~renn fn tM cov~nanM ~nd prNm~nt~ 1?K~in aont~lnrd /o ~rty of
~h• putits Mnto. tM ~II b~ con~frwd te rrwan a~ w~ll N th~ hNn. Ip~l r~x~Nnt~tiva. ~va~a~on snd ~~~{piq (~IthN voluotery by ~tt of th~
oa,r~~~ w involunt~ry by opa~tbn of th~ law) of tM sun~ ~nd th~t tfi~ cw~n~nts Mr~in connln~d ~hdl bind ~nd tM ba»fit~ u+d adv~MpN Inur~ r~'
~o ~h~ rNp~ctiw Min. Ip~l rpnwnt~tlw~, wccNSaa ~nd u~+qm of th~ ps~tiK her~to. ~~e
Md uid ifAonppon, for tMmwlvu u+d tlwk Mln, 1~pa) rp~~knt~ttv~a. ~ucuuon ~nd ~uipns. F+~r~by joiotly ~nd s~vN~lly cov~na~t ~nd prN
~o •nd wNh th~ sald M4RT(iACEE, lu suctNSws ~nd usiqru:
1. to p~y dl u+d sM+Oulv fM prMclpal ~nd tm~+at ~nd th~ v~riow ~nd sund~y wrm of mon~Y P~Yabl~ by vinw of uW promtuwy nw~. ~nd thh
~,o.rpap~. ~~d? ~e+d w~ry, p~omptb on th~ d~ys nsp~eriwly Nw unw Nv~r~lty b~ean~ dw.
1. To pay ~11 ~nd sinprlsr th~ t~xN. ~~m~nN. bvlN. llab111tiM, obllQitiom ~nd axvmbnnc~a of ~wry n~tw~ and kM~d now on wId d«crtb~d c~..
c~opsrty, a thn MrNfr~r n»Y b~ knpa~d, wffM~d, plac~d. Iwl~d, a~ww~d thw~a+, a th~t M~~~itu m~y b~ I~vNd w e~~Nd upon thM Mort~ •T
+fle, w rM Ind~bqdn~u awnd h~nby. ~ach u+d way, wF»n dw ~nd p~y~bi~, ~ao~dlnp ro Nw, bda~ tMr b~corM dNJrq~+rti, a~d b~lon ~r In»nn
er+ech~i o? ~ny p~nalry i~ ineurr~dj AND INSOFAR AS ANY THEREOf IS Oi RKORD TME SAME SMAII dE ?ROM?Tll' SATISf1ED AND DIfCHARGEO OF
RECORD AND THE ORIGINAL OFiIC1Al DOCUMENT (SUCH AS, fOR INSTANCf, THE TAX RECEIPT OR TNE SATISfACT10N PAPER OfFIC1AllY ENDORSfO ~y~
^R CERTIf1E0) SHAtI 6f iUICED IN THE MANDS Of SAID MpRTGAGEE W17HIN TEN DAYS NEXT AFTER PAYMENT; •nd in tM w~M tMt ~ny tF?K~of Is nm
;:e d. ~at~fied •nd di~chup~d s~~d MORTGAGEE m~y a~ •ny tim~ pay ~M w•ny p~rt rMr~of without w~;vlnq w~ff~ctinp •ny option, li~n, puity w
•~~i under w by vinu~ of thi~ morrp~q~ ~nd tM ~ull •mount of ~~ch ~nd ~very •vch p~yrewnt thdl b~ immed~~t~ly du~ and payabl~ and sh~l! bNr Int~r~u
~.om ?h~ da?~ tMr~of until p~id ~t r~t~ of niM p~~ e~ntvm p~r ~newm •nd top~tl+N with ~ueh intN~~r ~h~lt b~ t~eu.~d by tM I{M oi thi~ mw~faM.
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