HomeMy WebLinkAbout0476 . ' ~ 39~2i2 ~1 ~
tMli ~NDEMUtE. M.d~ ~`2EiTH ~y ~ .IAIYUARY A.a. t9 b.n~..n
~ KENNETH
J~ .~.t1MMINGS AND KATHLEEN .J. CUMMlNGS, HIS WIFE
p~ ST • LUC I E , Cp~~y FbrM~, hpt4~ah~r dNipwt~d N tM "MORTGAGpR,•' and fIRST FE~ERAI SAVINGS ANO tOAN
ASSOCIATION Of fOR1 ?IERCE. ~ aapaNion orp~ni:~d W+d ~ajW,q w~dw tM I~w~ of tM Umred Sa~~s oi Am~rk~ ~nd Mvlnp I» p~Mcip~t pba of
bu~irwa in 11r Gty oi fat ~bra. St. LrcN Cow~ty. flatd~. h~~~M+~ftM d~s~pnaad af tlr "MORiGAGnEE..•
WNERE/~S t1» MQRTt3A('iOR 1~ ~wHy lnd~bt~d lo ~ 1NORTGAGEE in tM wm oi t 4~ 2 YY • QQ._._~ Qood ~nd I~wful mon~y o1 fM ~MIN~
SqtN ad~~nad by th~ MORTGAGEE unto tM MORT(iAGOR, ~vid~nc~d by • c~rta~n promis~ay noa ot ewn dat~ Mr~with, oi whid~ IM fdNwYy In
word~ aid fipwN M~ trw aoCY. towifo
s_ 4 200.0o N, 04-2302483] _
Fa, P,~.~e. .~a~d., jlAdU11RY ? F w_J_8_
For v~lw nc~iwd, 1, w~. or titMr oi us. promi~~j pa , wiehovr delalcs~ion. to r1,~ o.der ol iIRST FfDERM SAVINGS AND IOAN ASSOCIATION
OF fORT PIERCE at Fort Pierc~. Flwida, tM um of s~~_~~~ • _ w~~A ~n~eres~ f~om d+te tM rH~ of ~Q~ % p~r ~nnwn, in
monrhly in~e~Um~MS p fdlows: ~ 39~• ~ ~ on the IO~h day of ~Y 1915L ~nd ~(ib sum on
rh~ co.respond~nq day oi ~xh month thtr~after ~ntil tM whot~ 1» tully paid.
E+ch imullmNn fin~ iMll b~ ~ppli~d in paym~nr of the int~r~~t a~d then on tM unpaid b~l~nce o1 tM principal sum. tf d~/~ult h mad~
in the p~ym~nt of any in~t~Um~nt wMn dw. ~nd ~uth d~fwlt continws ~0 day~, then a1 ti+~ opnon ot th~ hotdM. ~nd witho~t ~ny otMr notit~,
all the re~n~in'~ep inp~lkn~nta ~hall b~ dw ~nd p~yaWe at once- Privilp~ i~ qivM to p~epay ~hif not~ in whol~ o~ in paA ~t ~ny tien~ without
p~ndty. Neitlw+~ forbew~nu. nor ~oapt~nc~ by the hold~r tM~eof afh~ ~ny d~f~ulr in anY p~YmMf Mr~on, ~11 b~ d~~m~d •at~n~ion. A lat~
payme++t cMrp~ o( t ~ 9• 8o ska11 b~ asu~s~d tM 26th day oi the moniA, if a re9ul~r busfn~u d~r. a. if iwt a~u1M bv~int~s d+y.
~hen M~e n~xt bu?~neu day. on ~ach monMly instdlrrMm not ~Mn nceiwd.
Each maker, w~tty ~~d ~nda~ hKwf, jointly and sevs~~lly, waives dsmand, presentmcnt p?orqt snd rwriw of protest for nonpayma~u, u~d
fu.ther apree~ ~o any ~xMnsae+ of Ywn~ of p~ym~M, ~itMr b~for~ a~ft~? m~turity, wirhout noric~ fo. any of vi; and to p~y all cosn of cdt~ction.
includinq a?easonable ~ttan~y's fN in tM ~wnt of any d~fault herwndei. and hereby severally w~ivs~ ~11 bt~efit of Iwn?~at~ad Md ~x~mptqn und~r
rhe conititution end laws of ~ad~ St~t~ of tM Unit~d S~~ty. ~p~in~t this obli~tan w any e,crension w r~wat Mreot.
S~KENNE TH .1. CUMM l NGS ~Ai~
St~te documenNry a~amq in ti» amarM (SEAU
of s]O. HO S KATHLEEN J. CUMM 1 NGS ~q~~
•ffiYed Io tht mOrtpp~ Mt~rnd Mr~by. - ~~u
NOW. 7HEREFORE, th~ MORTGAGOR for th~ purpoN of securirq paymenl of sud sum of = 4~• 2 QD . ,~ad th~ p~rfpnwnc~ of t!»
covN+anb M+d apr«m~nn I+KNn*ks? ~~cpr~sted, and for ~vcrt 9ood ~nd wlwbk cons;deratlons, by tMs~ p~eHnM, don prant, b~ry~ky NII. neniN,
rekas~, oonvty Md confum unto 1M MORTGAGEE..ib succetsaa and aui9ns. e11 ~ha~ ccrtain iot, piec~ w parpl pf Isnd. ~ituat~, lyinp, ~nd b~hg in tM
~~y d ST . LUC 1 E ~~,r. os florida, ~'ercrib~d ~s followr.
LOT 2, BLOCK 153, SOUTH PORT ST. LUCIE, UNIT S,.ACCORDING TO THE PLAT THERE-
OF ON F I LE ! N PLAT BOOK 1~F, PAGE 2(~, PUBL 1 C r~ECORD5 OF ST . LUC 1 E CUUNTY,
FLO R I DA .
BY AGREEMENT OF MORTGAGOR AND MORTGAGEE ON FILE WITH
MORTGAGEE, THE WITHtN MORTGAGE SECURES NOT ONLY A(3
EXiSTING INDEBTEDNESS, BUT ALSO AOVANCES TO BE HERE-
AFTER MA~E BY MORTGAGEE TO MORTGAGOR~ THE AGGREGATE
OF WMICH WILL EQUAL THE PRINCIPAL AMOUNT SPECIFIED ~
IN THE PROMISSORY NOTE SECURED HEREBY.
l~~~i D
- _ MeMwd ~'~~'r"f"""" 1~ h~ 01Tiw~
: S
i r~. r=~, F i_ ~J j., ~ Ow On Chw'~''' bwi~N~w~~M
~
~ Y7~1~. .~~Ca r~~~ - ~
c .i - . ' ~ ~TO r~~1~~~
- ` _ . ~~;o ; f IIOOEA~Of111AS ~
~ _ _ ~ . _ ~ $ ~ ~ q~elc drp~N OovR Sf. t~ 0~.~
~ $
~oqerMr w~th al! snd anpulu t!M qnemp?n. Mr~ditirt»nn ~nd ~ppurtu+ce~ ther~unw belonyi~g o~ in anywi~ ~ppKtainlnp tMr~to. ~nd dl ~+b. 4suM.
woc~M u+d pofit~ ~ca~inp u+d to ~ctrw from ~aid pnmis„. all of which u~ included in tM ~bov~ ~+~d forpoiep d~wiptlot~ ~nd ~ybu~dum,
TO HAVE AND TO HOLD tM ~bov~ dNCrib~d ~nd pnnt~d pe~mi~ unto N» wtd MORTGAGEE, it~ wops~ps ~nd
THEfR ~~~Of~. ~~Mb
MORTGAGOR fw I+~in. ~xaufon. ~dmini~tr~ron ~nd as~yro, htreby cown~nh with fhe safd MORTGAGfE, Ifr woas~ors ~nd awlQne„
THEY ARE
ihat I~wfvlly s~iud of tM uid pr~mitN in fN simple: tlut t1w s~mt ~r~ fr«, cl~ar ~nd discharQ~d from al) !!ay and Muun?
b.~ncn in I~w a in puity, and tlr~t TN E Y ~f! TFi E{ R Iwiri sMll w~rr~m ~nd d~fsnd t!r Ntl~ to 1M ~~eM tq tM wW
MORTGAGEE, it~ ~ucuuw~ w+d usipra, fw~wr pdr?st tM lawful cliMru and demand~ of ~II penau: `
PROVIDED, AIWAYS th~t if th~ MORTGAGOR ihall p~y vnro the MORTGAGEE ti+~ promiuory not~ heninb~ion d~crtb~d and aMA~ tru~y, prompt~y
~nd fulfY p~rfwm, diKMry~. ~x~cv». tompl~t~, aomply witA ~nd ~b~ by e~ch and ~v~.y tM ~tipvl~NaW, a~rMm~nls, conditlon~ ~nd tora?~nb of said
wom~swry not~ ~e~d ot this Mcrtyp~, tlwn thN µatyp~ and tM Est~t~ hsnby u~atrd aMlt pas~ and b~ e~ll ~nd void.
IT tS UNOERSTOOD thn tl» word "Mort9pw" wMtMr in tl~ s;nyular or plwal ~nywh~r~ in thia Moreyap~. ~MII b~ ~Irp~rlw If on~ only ~nd
sh~ll be plwd 'pinlly ud Nv~r~lly N mon th~n on~. ~nd that the word "the~r" us~d ~nywh~~~ i~ this Mwtysqe slull b~ t~ken to re~tan "h4,« "i+as,••
w"in," wher~vt? tFw cont~~ ~o irnpli~s or ~dmfn. Abo. tMt wher~vN ther~ b~ f~ItrtfK~ i11 tlff COWM~f~ Md ~INT~f11~ ~Hf~l1~ OOfI1~IfMd b MIy OI
rA~ p~nie~ l+~r~to, th~ unw sMll b~ cawiru~d eo m~an a w~ll a tFw F~ein. Ip~l rp~~s~rnuivw, wcc~uon ~nd sastprr (NthN volum~ry by set of rM
p~rri~t o~ invdw+b+Y bY op~retion of fM Inw) of tl» wrw and that th~ co,r~nanti h~r~in com~ii»d sMll bind ud th~ b~erflM ~nd ~dvsntpN Inw~ asC
~o ~M r~sp~cfiw Min. 1pd r~pns~nt~thru, waas~oh ~rd ~a°yro of tM pu~i~s Iwao. ~frf
Md ~aW Matppas, fp thems~lva ~nd tMlr Min. Ip~l repr~Mnt~tivn, succnson ~~d auiym. Far~by jointly ~nd wvw~lly cownant and prK
ro •nd w~~6 rh. wfd MORTGAGfE, in W,ccaaon •nd uspn~: ~,'y _
fW
1. To p~y ~!1 ~nd tFnpvl~r Nw prfndpa! ~nd intN~at ~nd tM r~novs ind iundr; suma of mon~y p~y~bt~ by virtw of ssid promiuwy npN. ae~d th{~ ~
~rw.algr9t, eacA ~nd ~vNy. p~omptly on tIN d~ys ~~tpKtiv~ly th~ a~me s~v~~ally becom~ dw.
2. To pay ~11 ~e~d sinp~lp th~ t~a~s, a~wa~menn, bvip, li~bili~i~~. obl~patiau .nd ~nc~~nb~~~ce~ of ~v~ry natw~ u~d klnd now on s~id dacrlb~d y~
w~p~.yry. a th~t hu~~ku m~Y b~ irnpoud, wff~r~d, pl~ud. 1evi~d, a f4fi~ld 1hHpA, or ~bn Mreafter m~y b~ I~ri~d a~ssea~d upon thw Map. ~'S
•ye, or rM indeo~~tMwa wcur~d Mrtby. ~~nd ~r, wMn dw ~nd pay~bl~. ~ccordinp ~o I~w, b~fw~ they becom~ d~linqwM, ~nd b~Eot~ u~y kN~tat ~
+n~.ixs a~ny pcn~lry » incurredj ANp INSOFAR AS ANY 1FIEREOF IS Of RKORO THE SAME SrUll QE PROIVtPTIY SATISf1ED ANO OlSCHAR6ED OF
RECORD AND TNE ORIGINAL OfflCl/1~ DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SA?ISfACTION PAPER OFfICIAIIY ENpORSEp ~
OR CfRi1fIED) SNALL 6E PUCED IN TME HANDS Of SAIO MORTGAGEE WITMIN TEN DAYS NEXT AfTER PAYMENT; and in tM ~v~nt tMt My tMr~of b ~01 ~
w~d. ~~r ~fied and diuh~rqed u:d MORiGAGff mty ar arty t'rmt pay tFN ~am~ a any part thtreof without w~irinp w~ff~ctinp ~~y option, Il~n, ~quity p
•~h~ under a by virrw o1 this morryp~ ~nd tF?~ full ~movnr of s~ch •nd ~very avch p~yrrr~nt shall b~ immed~ately dw u+d p~~~bl~ ~nd ~MII 1~u InfN~st
~•or the d~q tl+~r~of until p~id ~t ~~h ol nin~ ptr c~ntum p~r •nnum and toqetMr w~th ~uch ~n+erest sh.tl b~ ~ecurtd by tM li~n of th:~ nqrptp~.
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