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HomeMy WebLinkAbout0696 :~o3s~ ~ ~ tMa r~~rtut~. M.d. N,. 1 U t h ~y o' Jan u a r y ~ ~.p. t9 b.~w..~ : y' PE't~R M, LfiAMING, I\'C. 'larid, Cc~r ~~~r,tion of 't . Luc i e ~py~~y FIaW~, Mr~inattK d~~iqn~ted the "MORTGAGOR," ~nd i1RST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ carpa~t'an ap~n~s~d u~d ~xi~ti.~p undN th~ I~ws of th~ Un~red 5~~~~~ of Am~ric• and Mvinp iq ptincip~) pl~q of buainqs in tM City of Fptt ?iKU, St. luci~ Covnty, Flaida, M~~in~(f~r d~~tyn~~ed tM "MORTGAGEE:' WHEREAS tM MORTGAGOR i~ jwtly Ind~bt~d /o ~M MORTGAGEE in tM sum of =_29 ~ 2~~• ~ 9ood ~nd t~wful moMy of tfy (M11rlf S~afes adv~nc~d by th~ MORIGAGEf unto fh~ MORTGAGOR, ~a •v~d~nced by a certa~n prom~siwy ~ot~ of ev~n d~t~ 1?WMMh, of wlwch NM f~1lrwGy In words ~nd fipurp b• ~rw copy, to-wit: S 29, 200.00 ' No. 0 2-2 30 2 37 97 Fo.~ G~crce. rlo~,da. ----JAf1Ucl2'y ~ ~ 19 7~ For va~u~ received. 1, we. o. either o1 us, promite to p~y, wi~hout dr~aica~~on. to rhe wder of FIRSi FEDERAI SAViNGS AND IOAN ASSOClA710N ,,F FORT PIERCE at fort P~~rce, Flaid~. ~he wm of s_ 29+ 2~n~nO w~~h ~nrerest from dare tM ratt of S~ 96 p~r ~n~um, in -~omhly ~nstsllmenb n fotlowf: Z 235 . 1~ on the IOth day of ilpr i 1 ~q 7~ ~ lik~ •um on ~he conetpond~np day of eaci~ month thereaf~e~ until rhe whole be i~lly p~id. Each insullm~nt fint shall br ~pp~~ed in p~yme~~ oi ehe ime~esl and rhen on ~he unpa~d b~~~nce of the pri~cipal ~um, If dei~ut~ ii m~de • ~he payment ot ~ny in~taliment whe~ dus, and such def~uh cominu~~ 30 d~ys. lhen ar the opt~oa oF the holder, and without ~ny otner notice, , i ~he r~msin;oy in~tallmtntt ~hal! be due and psyable at once Prrvile9e i~ yivw to prcpay ~his nore in whole or in part ~t •ny time wifhout penalty. NtitMt fwbea?~nc~, nw ~cc~pt~~e by the hold~r tlu~eof ~ft~r any d~f~ulr in any paymen~ Fkrea~, thalt bs d~~rt+ed e,ctens~on. A late Paymenr ch~rge of s 11 . 75 sha11 be assessed tha 46M day of the mont~, if a regu:a~ busine:: d~y, a, if na~ a reyulN busines~ d~y, ~hen rhe n~:t buscnes~ day. on e~ch mo~thly i~ataUmenr nor tl+~n r~ceivsd. Each m~ker, turety ~nd er+dws~~ he~sof, ~o~n?ly and se+er~M, w~~~es demand. piesenfrnent pro~c~t and nor~ce of prote~t for nonpayme.~t, and ~~~~he. ~gree~ ~o •ny eat~r,~eon of ~~ms of paymen~, e~~her befw~ or after mawr~ty, w~rl,w~ non,e io any of w; ~nd to p~y •q co~n o( colkcnon, ^:~ud~ng a~easonable anw~ey's fe~ ir. the eve~r of any def~ult he~evnder, and he,rby seve.ally w~nes all be~efil of home~~e+d ~+d ~xemption under +re constir.,r~on sr.d ~aws of tach Sht~ of th• Uni~ed Sqts~, ~y~in~t this obligaGon w•ny extenfion or ~eMwal Mreof. PETER r:. L~II~G, TnC ~ a Florida C~ipora- b 5/_ P r_ ! c~~ming,•• •P sici~~ S+are dxumenta~y st~mps i~ the ~moun~ • ~A~ s ~ 3. SO ~~f ~ j.. ~ - ,~t~ ' ~ of . " ~ t ~ J _ - - '(sbu~ : a~f~xed fo fhe mwtpp~ ~~cur~d Mnby. _ ~ : - ~..(SfAl) ? Np'~M, iNEREfORE, tM MORTGAGOR for the . se of cecyri ayment of taid :um of s 29 ~ 2~d ~ P~+ Vc ^9 D .=Nr6 tFi~' P~rf4mt~~ ~-thi ~ covenant~ and pr~m~nt~ ??~r~in~ft~r •:pre~ted. •nd fw d~~en yood ~nd valu~bte cons~drrot~om, by tM~ prtNntt, dots ¢tanl~ tiii~~in, i~11 Nenia~. ; ~eteese, conv~y and tonfirm unto fIN MORTGAGEE, in •ucceswn ~~+d iuiyns. r11 t!~ae ;e~ts~n lot, piec~ a parctl of land; titva2~,~fyinp; tnd bt{ n$,In th~~ ~t. Lucie Couniy of ' ~nd Stat~ of Fbrid~, d~wib~d follow~: ~'.~~<J\{ J• j'~ Lot 18, Lilock "E", ~'ARAVILLA ESTATES, accorc~ing to the plat theredf~„s~,n~~~ile in Plat Fiook R, on ~~-~c~e 77, Quhlic records of St. Luci~ County, Floxic~ . ~~y agreement of ~?ort~ nor and 4tortca~c~eP ~n file wi th the I?!ortnaqee, the •.4~ thin mort~an~ sPCUres rot only an existinc~ ind~hc~tdness, hut also ADVAICES ~ !o be lIEREAFTER m~~de by ~lortc~~-~~ee to h'.ort~~c~or, the ac~~rc~te of which wi 11 ~-!ual the ~rincinal amount snecifi~d in the ~romissory note secured hc~reby. y~.~0 ~o R°c~?ed s , ~ ~ ~ Ctasa ••C•• ~ntan 'n PaYment pf Taxes n, ~r~uent To Cha Dible Pe~~nal Pr ` pter 7~, j~~ ~Perty~ ~ R ~ ~ l97 , ~ ~ - - r-; c~ ocER Pan~,a~ t` ~ - L L~ ~ : 1 ~ c~„c,,;t ~~,n. s ~ ; ~.~~UMENTAKY , ST:,M ; . t L ~-~cie, '}r~' %F .:FY~:4~r~ ! • ~ - . a, ~ • ~ _ = ,:~,~•~o~:~.~`.-~r~~.;_ 4 3. 8 0 ~ = ~e - ~ = , - _ ! c;e~h~r with •II ~nd •inyul~r th~ bn~rrqnh, Mr~diumtMS ~nd •ppurt~nces fMreunto belonging o~ io ~nywip ~ppKf+inJnO ihNSto, !od a!) rMb, luuy, ' ~-oceeds •nd profiti ~tuu;nQ ~nd to ~ccrue from ~aid pr~m~iet. all of whech ar~ ~ncluded in th~ ~bov~ ~nd forpoinp dMtrlptlon ~ed h~bMdum. i ! TO HAVE AN~ 7~ HOID tM ~bov~ d~wib~d and pwnt~d p~~misN ~nto tM utd MORT('sI~GEE, it~ ~ua~swn aed ~stlpew fawK. Md th~ ~ald ~ 1 S :~.q~iGAGOR for MIn, ~x~curon, ~dmini~tr~ron and aai9rn, h~r~by cw.n.nn wi~b rl,• ~.W N?ORTGAGEE, k. won..on and .atpn., '^ar tawf~lly Ni:~d of tM said pr~miwa in fN ~impl~; th~t th~ um~ u~ frN, c{~u uid dqch~ry~d frpn ~tl If~ro and N+cvnr ~•a~cet in law a in ~quity, ~ed tMt 1 t wlll ~nd 1 t S htin ~h~ll wur~nf and d~f~nd ti» fkl~ fo fM Men~ iQ f!N Nfd YORiGAGEf, iu sucw~son ~nd u~ipm, faewr apalrat th~ l~wfvl cl~kns ~nd dem~nd~ of ~II p~raorr; . PROVIDf~, A1WAY3 that !f tM MORTGAGOR ahdl p~y unto th~ MORTGA6EE tM promi~wry not~ Mninb~for~ dMCrlb~d ~nd t~y~y, prpeptFr e^d fully p~rform, d~tcMrp~. ~x~cu», compl~t~, comply wi~h and ~b~de by e~ch •nd •v.ry ~h. s?ipulnfons, pn.m.n», con~dittoes •nd ow~n.nn of ~aid :-o,.+;isay raq ~nd of thia lY{ortpaps, ~h~n thb Mat9p~ and tM Ht~t~ hn~by a~at~d iFull ui~ ~nd b~ nuU ~od void. tT IS UNDERSTOOD that tl» wo~d "MatQpa" wM1Mr M tM ~inpular w ptw~l ~nywMr~ M thi~ Mort~aq~, ahdl b~ ~kqvlw If oe~ only and ~h~ll b~ plur~t joindy ~nd Nv~rdly If mor~ th~n on~. ~nd tlwt tM wwd "theh" as uqd ~nywh~r~ In this Matpp~ th~tl b~ t~k~n to nwan "hh," "h~n,•• cs+C ,.,~r~" wMr~w~ tM conant w tmptlN w~dn+ln. Alw, that wMrewt th~r~ k a r~f~rsnu In tFw covMants ud aQrNm~r?b Mr~ln ooMd~wd w~rry of pyo ~h• ps.fiM i+~r~to, th~ urn~ ~hall b~ eoratrwd to en~~n u w~ll a tM MIn. Ip~l r~pns~m~tfvN. svee~+wn u~d ~tprM (~IM+~r volum~ry by ~et of t1» ~c i a~,~~s a Involunqry bY aV~ntlon of tM I~w) of tM Nnw a~d Hut rh~ cov~nanh h~r~tn cont~tr~ tl+~tt btnd ~nd tlr b~n~Nts Md ~dv~MpM lrwr~ ,o rh. rnp~crfw F»!n. 1pd rpnunatlva, wce~ors a~d ~a[pna of tFw p~niN Mnto. Md u1d Mo.tppors, for tMmwlvN u~d tMk MIn. !pd r~pru~outivM. ~vccNSOn ~nd usipro. Mr.by iofntly ~ed wwrdly cw~nt ~nd prM ro .nd with t1~ wW AAORiGA(iEE, It~ woc«wn ~nd ~wqnr. -e• 1. To p~y dl aid s4~uIM 1!» plndp~l ~nd IntKNt ~nd tFM v~riow ~nd wndry ~w~a oi mawrY p~Y~bl~ by vtrtw of Nid i ~ ~orrpp~, e~h a+d ~wrY, i~~Mh IMPKf~y+~Y th~ ~an» Nwnlly b~carw dw. P~~^+ ~nd thh ~ 2. To pay .N u~d ~k~vlr t!w-q~u. ~~enwn~. IwN~. IlabllniM, oblfp~riora ~nd ~ntwnbr.nas of ~wry rwtut. a+d kk+d nvw on s~ld dMnlb~d c.op~.ty, a that Iwn~ nwy b~ YnpoNd, wffM~d. P~~ad. Iwbd, or awswd tMrwn, a that fw~ahK ~r b~ twt~d or ~swd uoon Mi~ AAor1~ .y~, w ih~ 6+d~bt.dn~w s~wnd Mr~by, wd~ ~nd w~ry. wt~ dw and psysbls. ~scwdinp ~o bw, b~fon th~y b~co~n~ ddM~qwnt. ~nd b~fen anp tnan~~ ~~+ache~ p any penalry a Incurr~dj ANO INSOfAR AS ANY THEREOf 13 OF RKORG TME SAME SMAII dE ~ROMVTIY SATtSF1E0 AND DISCHI~RGEp pi ~eCORD AND THE ORIGlNAL OfFICIAI OOCUMENT (S(!CH A5, FOtt INSTAfYCE, TFtf TAX RKEIPT OR THE SATlSfAC7lON PA1ER OifIC1AUY ENDORSED iQ ~ERiIf1ED) SHAII 6E PUICED IN TME MANpS pf y11D MORTGAGEE WITMIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tM ~wnt that ~ny tF~~oi a ~ot c a d ~fitd and diiehap~d NEd MORTGAGEE en~y ~t •ny fim~ pav tM ~urr w~ny part ~hNwf without w~ivi~p or ~ff~etinq ~ey option. IiM ~ity w •:;~f under or by virtw of rhi~ morrp~Q~ ~nd tM }vl! amovn~ of ~ach ~nd ~vsry a~ch p~ym~nt ah~ll b~ imm~di~~~ly dw and p~~~bl~ ~nd ~MII b~ MtNe~~ j•o~,+ rM dN~ tMr~o1 until paid nf~ o~ nin~ p~r c~ntwn p~? ~nnvm ~nd wpN!»r witi~ sud+ int~rNt ~MII b~ a~tur~d by fM IIM of Mi~ ~?o~qf~.