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HomeMy WebLinkAbout0698 ~03~y ' Ic~tn ~ ~ ~(fO~NTURE. AL~ M~ d~y of 1~~'~ U 1T y _ L.... A.D. 19 ~ R b~n~r~+ PETER M. L:iAMING, INC., a Florida C~rPor.~tion o; ~t. Lucie , Coynfy Fb?id~. Mf~iM~fN dt~iqn~rcd •s th~ "A~10RTGAGOR," and itRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, ~ cwporu~on orp~ni:ed ~nd u~~ti.q unda ~h~ lawi of tF» Un~red SU?~~ of Am~nc~ •~d l+~vinp it~ princip~l plac.~ of b~~in~u in tM City of Pwt ti~rn, St. luci~ Go~mty, flaid~, h~r~inaf~~r d~~ron~t~d ~h~ "MORTGAGEE:' WHEREAS tM AAORTGAGOR i~ jwtly ind~bt~d to eh~ MORTGAGEE in tM ium of = 2A , f; On . On Q~ ~~wfu! rnon~y oi Ib U~i1~ S!ate~ adwnc~d by th~ MORTGAGEE uoto tM MORiGAGOR, ~s svi~hocad by a certa~n prom~aiory r.at~ of ev~n d~t~ MrMiM, of whioA tM h11~wMy In word~ ~e~d fi9urN b~ trw copy, towits s 2B LA00. QO H, 02-23023912 F~., v,t«z. .ro„ds. JdIlUary 10 ~y ~8 For valu~ r~ceiv~d. I, we, o~ e~rher o} us, prom~se to ay. wi~hour de~alca+~on. to ths wder o~ FlRST FFDEi~AI SAVINGS AND tOAN A~SOCIATION .~F iORT PIERCE at Fat P~erc~, Flaid~. ~h~ wm oi 2~ ~ RnU. ~n w,rh ~ntaest from da~~ a~ the rate of S~ ptr ~nn~m, in Tuni?,!y mstalim~M~ ai foltow+: i 2 31 . 91 on fhe ?O~h day of Apr i 1 19 7~ and • lik~ wm on ~he correapond~~+g d~y of ~~ch month there~fter umil ~he who~e be fully paid Each inaeallm~nt first ih~tl bt applied in payment of tht i~t~reft •nd then on the u~pa~d bal~~ce of rM princ~p~) sum. If def~utt is made • ~he paymeot ot ~ny ins~~l~mant when due, and such d~iauh co~rinue~ 30 dayi, the~ ar ~ne opnon of th~ ho~der, ~nd w~thovt ~ny other notice. a~ rhe rem~ininy init~llmMb ~hal~ b! due. and payable ae once. Privilpe is yiv~n to prepay ih~s ~ote in whol• W in pan ~t •ny tirrN without aena~ty_ Ne~tlK~ fwb~u~nu, no~ accspunce by the holda thereof ~itK any d~f~~lt in any paymenr her~on, sh~l) bt de~med e~ten~~on. A late F~ymenr char9e of = 11 • 59 sh~Il be assefied tM 26th day oi Me monrh. ~f a reqa~ar b~siness d~y, w, ~f nor • r~gular busine~s day. ~he~, ehe ~ext bui~nass day, on t~ch moa+tnty insTaltmem not tMn r~ce~ved. Each maker, w?ety and sndorser heraof, jo~mly and severalTv, waive~ damand, prtae~trnent protest and nor~cs of protest fw nor~ayrMC~t, ~nd +~.+he. ag.ee~ to any exten~~on of time of payma+t, e~tM+ DeFw• or ifta ms~unty, w~~hw,~ noNce to a~y of us; snd to p~y dt eoit~,~t.cPJkilLps+, •^:!~d~ng s~easa,able anorney'• fe~ in the event of any det~ult hereunder. and he~eby severally wa~ves •II bsn~fit of homeste+d..~q~fY~nn~lSeq undEG ~~~e constdwt~on ar.d law~ of ~ach St~t~ of tn~ United St~te~. ~ytioit thi~ obliyahon p any ear~nsion w rtnewal hereof. ~ ~'`L . ~ r. PETER M. L ING, iI~ t~ a'! % ~ . J c,_ ~ fi _ 5/-_~ e t r r; . c~ :rn i n s~r es3de~,~~ S}+te d~ 3 nt2 y tramps in tfh •mouM • ' ~ of j . O • . , : . •,isEwu • lSE~tP ~ff~xcd to the mottqsp~ a~cur~d h~r~by. _ NOW, THEREFORE, tM MORTGAGOR for the purposs of tccurinp paymcnt of s+~d s~m o~ S 28 ,~nd tM •~p~`t101n+~tlN~~MN covenants ~nd yr~em~nii Mr~in~(t~r ~xp~cued. ~nd fw d~veri pood ~nd valuabte- coru~dr.erlon~, by th~N p~as~nli, do~s pru?t Mrpaln, Nil, rNnis~, •e!ease, convty and tonfirm unto tF?~ MORTGAGEE, ib ~uccessw~ ~n/d ssai~ns, rll Mat ie~tein lot, piec~ a parctl of Is~d, ~ituat~, lyin~, ~nd b~kg in iM Counq of Jt . Luc i e ~nd St~ti of Flw~d~, descr~b~d ~s follaw~: I_ot 17, Block "E", N:ARr~VILLA ES?ATES, according to the plat there of on file : n P1 at ~3ook R, on ~~-~ne 77, publ ic records of St . Lucie County, Florid~ . ::y agr~ement of btortgagor r~nd Mortc~agee on file .tvith the Mortgagee, the ~.yithin mortc~age secures not only an existinc~ indebtedness, but also ADVAI~CES tn be IiEEtl:aFTER m~~de by Atort~3a9ee to r'ortg~gor, the aggreg~~te of which will F ~~~~u<il the principal ~~mount s4?eci fied in the ~romissory note secured hereby. ; V u ~ ~ y , Recsived a 7• ~O~ In Pa ~ue On Ciass C Intanp~blspe sonalProperiy~ pursuant To CheptA~ 71, 134, q~s a ~ - 971. ROGER POITRqg - ~ S T AT E,. r F;-- c~?~ c~.c~,n coun, st. . ~ t-N ~ ~ Lucie. Co.. F~la. ` ' . DO_UMENTARY~:` _ STH1,~~~ ' . = j j~r~ ~ .}FP~.'!t` i:.~:~il~~ ~~.a~'~__ , ' i .il - _ ~e! .r ~ 1 = ~ _ pe =.:~,rsr•~e~:.~;~~--~.,,-'~ d 2 ~ ~ - ~ ~ ~ ~ ~ i € -yerher w~th all ~nd sinqulu tM t~o~nt~, her~dit~mfnt~ ~nd •ppurt~~xn fhe~eunto be;onyiny w in ~nywiw appMt~in{rg fM~~to. ~nd dl r~nt~. I~sws. :•oceed~ ~nd profin accruirp ~nd to ~cw~ from ~~id pr~mis~~, all of which ue irxlud~d in t1?~ abov~ ~nd fwpoiep dNCr{ption ~nd Mba~dwn. TO HAVE AND TO HOW tM ~bov~ d„trib~d ~nd yr~nt~d pr~+nisy un~o tM uid MORTGAGEE, its wcuwwa ~nd Ntipm forwq. And fh~ salQ ` ti~ ~RTGAGOR fw 1~ S Frtrt, ~z~evton, ~dmini~tntas ~nd •uiy~~, Mnby eov~nann wiih tM s~td MORIGAGEE, hs wonswn ~nd qsiper, ~ •^e+ L-S I~wfuliy Nis~d of tiq t~id pr~miqa in fN ~impl~; thst tht rarrw ~n frN, d~~r ~nd d'HCharp~d froea dl 1{Nis ~nd ~nowrt : c~~~ce~ io I~w a In p~ity, ud that i t w11t ~nd 1 t S lwin sM1t w~rr~nt ~nd d~hnd th~ tMl~ to Nw ianr fq th~ NW ; ti~CRiGAGEE, !b ~ucpuoa ~nd auipm, fa~wr yainat tFa I~wful d~ims ~nd d~m~nd~ of dl p~rwro; PROVIDED, AIWAYS tMt N rln JMORTGAGOR ~MII p.y unro rM MORTGAGEE rM promiasory ~ot• h.r~inb.iw~ dMVid.d ~nd ~MII trvly, promptly .~d fully pKform, di~charp~, uau», compbt~, complr wi~h ~nd abid~ by ~~ch ~nd ~very tM sttpui~tio~r, prNmw+ts, condltfons and cov~ta of aaid v,` c,o:r~nwy nor~ and of thb Matysp~, t}Nn tbk Matpq~ u+d tM Estn~ h~nby vNt~d ~fiall aase aed b~ null a~+d void. ~ x tT IS 4NDERSTOOD th~t tM wwd "Mortppa" wMtiwr trt tFN ~irqul~r w plural ~npwMr~ In thi~ Mwtpp~, sMll b~ skpul~r If oe~ only and ~h•II b~ plural pi~tly u+d NvKNIy H mw~ iha~ on~. ~nd tM~ fM wad "1Mir" a~ vs~d ~nywMn (n tbi~ Mwtpp~ ~hall b~ t~k~n fo msan "hi~„~ '7w~,~ o, .,~n;' wM.wu rh~ cont~xt w impl~ or admlt~. Abo, tluf wFrr~v~r th~n k• nf•r.nc~ in ~M cown+n» •nd pr.«n~nn h..•in aom.ln.d ro•~ryr of •ha pani~s Mnto. th~ unw ~hall b~ eautrwd to en~a~ ~s w~ll N tM Mtn. Ipd rpr~t~tiws. wa~s~ors a+d ~a~lpey (dthn volvmup by ~et of tM ~.,~:n « tnrolumuY M opM~tloe o1 tM l~nr) of th~ awe~ ~nd th~t rh• oovn.nn h.rNn eo+~~dn~d .MII bMd a+d tlw ba»flfr snd ~dvu~fpM lewn ~o rh~ resp~etiw Mln, bpd npnwnt~tlws, woa~wn ~ed ~a%peu of tM p~nia Mr~to. ~ Md s+ld Mon9pon. Ior tlwm~lvN and thNr Fwk~, Ip~! r~pr~sent~tfvN, suc.c~son ~nd ~uipro. Mr~by ioiotl~ and wwnlly cov~nt and prN ~o ~nd with tlw wfd MORTGAGEE, H~ wot«wts ~nd usipeu: 1. To p~y ~11 M+d Nn~u{r tM Prtnetpal u~d Int~nst ~nd th~ r~raw ~nd wndry wrm of morny piYsbl~ by vlnw of ~a;d proen{~~e~ry no1~, and N~b % ~.:wtpp~, ~~ch ~nd ~wry. P~~P~Y d~1~ ?NP~ct~w1Y tM Nwr~lly b~co~w dw. i Z. Te pay ~II ~nd Nrqulw ttr ta~, aswwnNnn. ~wIM. U~b11NiN, o6lipatiom ~+~d ~ncwnbr~na~ of ~wry m~ur~ and ktnd now on Nid dMarlb~d Fro~.ny. « tMr hM•~ha n+~Y b~ Meiwwd. wffK~d, p(~nd. Iwt~d, a~d r~~on, a th~r Mrufr~? nur b~ lwNd a~d vpon Nib 4Awq. .ye, a th~ Ir~bt~w weur~ Iwnbp. Neh ~nd w~ry, wMn dw ~nd pay~bl~. ~aordl:p to I~w, b~ion tMY b~toen~ d~~kpwed. ~nd b~fon ~n~l In1~nq e~tach~~ p~ny penairy is {ncur~~ds AND lNSOfAR AS ANY THEREOf IS Of RKORD THE SAME SHAII 6E ?ROAA/TLY sIITISf1E0 /WO DtKFiARGfO Of aEtORD AND THE ORIGINAL OfffCfAl DOCUMFNT (SUCM AS, FOR INSTANtE, THE TAX RECEIPT OR THE SATISFACTION PA1ER OifICIAIIV ENOORSED OR CERTIFIEO) SHAtI dE PUCEO IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER YAYMENTj ~nd in tM ~we~t tl»t ~ny fMrpf Is not ca d. ur sfi~d a?d disch~rp~d N:d MORTGA6EE n,.y •ny run• Pa~ tM ~~m~ w~ny p~rt rhsr~of wirhout w~ivup or aff~ctinp ~ny pptipn. lbn, pvily or •~~h~ und~r or by rirtw of thi~ mo~tpap~ u~A ~h~ full ~mo~~t of ~ach ~nd ~re?y ~uch paym~nt ~h~il b~ imm~diat~ly dw •nd payabl~ •nd ~hall b~~r Int~+t~+ fro~., t!N d~t~ tMr~of until p~id ~t r~t~ of ~in~ p~r c~ntum p~r ~nnurn ~nd topNhN wiM ~uch ~nr~r..~ .MII b~ ~ecv.~d by M~ 1t~n d Mis n~a0ts~.