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HomeMy WebLinkAbout0499 3941~8 TNIS iNaENTURE. IN~ tM lath ,~.y of - Rebr{~y . /1.D. i9 78 - b~twMn - I_leyd W_ 9ic~nks ana„~~x,~~~~g~ ~is nife o~ St _ ~~~±i~ Cp~y Flaid~. lwr~iMftM dNiqn~~~d tM "MORTGAGOR," ~nd FIRST FEOERAI SAVINGS AND IOAN ASSpC1AT10N Of FORT ?IERCE, • aapor~tion orp~nis~d ~nd ~xi~ti.~p ~ndM tM tawv~ ol th~ Un~~~d Sat~t of Amrk~ ~nd F?rvlnp M p?Mxipal plsp ot bu,in.s. M N» Chy of Fat 1Mra. S~. lucf. CounM. Flaida, F~~in~fiN d~spnaed ih. ~MORtGwGEE:' WHEREAS th~ MORTGAGOR k iuttly ird~M~d b 11r MORTdAGfE fn 11» sum of s 32 ~~0 9ood ~nd lawivl mon~r of tM Unihd S~~tq ~dvu~c~d by th~ MORiGAGEE vnto IM MORTGAGpR, ~t ~vid~nc~d by • urtain prom~iwry noa of ~w~ d~t~ Mr~witF~, ei wi~;d~ th~ folleMrinO in wad~ ~nd fiQwN N• tw~ oopy, tawih s 32TOQQ,,Qo 04-23A25651 _ Fw, Vitrt~. ~ia,e,. Februs ry 14 ~ 1978 For v~1w nc~iwd, 1, w~, a ~itl~ of uf, promiq to pay, wi~hout defalcstiqn. to +M order of i1RST FEOERAI SAVINGS ANO IOAN ASSOCIATION OF FORT ~IERCE at iort Pi~ru. fbrid+, tM wm o) = 32~~~•~ . wi~h inttrest froen da~~ ~t th~ r~N of 9~0 % pN ae~e?wn, in monehly init~IlmMt~ u fdlows: i 268.55 on tM 10?h day of Anri1 , i4~~ ~nd • lik~ tum on rhe cwrespondinp d~y of ~acA ma+tA thta~hK unril the whol~ be tully p~id. Each i~itall~nem fint iMd b~ applid in paymem oi Me Mt~r~st ~nd tMn on ~M unpa~d bdanc~ of t!n princip~l sum. If d~f~uh h~.ud~ ~he paym~n~ of ~ny intt~llmMt when dw. and ~ucl+ d~f~uh cominws ~0 d~ys, th~n rM optio~ of th~ hold~r. ~nd without ~ny oti~ notice. all the remainirp ieatal4nMb ~Aall b~ dw ~nd payab~e ar onc~. Privilps is ~iwn to prep~y ~his ~+ot~ in whol~ w in part ~t ~ny twM witlaut p~rwl~y. N~itMr forb~~r~nea na aee~pt~nu by ~F?~ ho1dK tMreof ~ftM ~ny d~f~ult in •ny p~Yment Mrwn, d?~11 b~ dMmed ~xt~nieon. A I~h p~r,r,N,r o{ = 13 _ a2 sMll be +sse~s~d th~ 4Mh dh? of tM mon~h. ii a repu~u bvairwu day. a. if not ~~pulM bwin~a d~y. eAen ~I~e n~at bu~~nqs day. on ~+ch monthl~r inir~llm~m rw~ tlMn noeiwd. E+ch maker. ~w~ty ~nd Mdw~ herwf. joimly ~~d uwnlly. wa~vta dan+~nd, presenr.oene p~otNr +nd noha o{ pra~st (w ewe+paymee4 +nd turtl,~r ayr~es to any ~:t~nsan of tirr~ d payment. ehher befa~ w~fur maru~ity, w~tl,w~ not~c~ ~o ~ny of ua: ~nd ro pay all cw» of colkcrion, ~~cludiny a reawoabl~ anwn~y's fN in tM ~vant of aqY def~vlt Mr~~ndN. ~nd hereby severally waives ~II b~n~(N ol hom~sttd ~rwJ ~x~mptioe unda ~he coru~irution and t~v~n of ~ach Saa of th~ Unte~d 5ut~s, ~i p~insr rhis obl~yatan a~~y ~x~~++iion a r~w~l h~rwf. S/ L1oyd W. BrOoks ~wi~ Sta~~ docvmentuy fqrnps in th~ ~movnr (SFAI) of s 48•pp S/ BeLty J.. Brooks ±ffi:ed to tM mwtpsp~ Ncur~d MnbY• (SEAI) NOW. THEREfORE. tlw IYWRTGAGOR for tM pv.pos~ of tecv?ir+~ piyme++~ of uid sum of ; 32• ~~nd th~ pKfonn~~u of th~ cov~nanri +nd sprKm~nb hu~inaftK ~xpreued. and fw divers pood and vat~W~ tauideretio.u. br tl~ pr~nt~, dot~ p~aet. bup~In, sdl. nmiM. relea~, conwy ~nd oonfGm ~nb th~ MORTGAGEE. iM ~uccasson ~nd suipn~. ell that cat~in lot, piecr or parctl of land. ~ituat~ lylnp, ~nd bek+p in tM ~~y ~ St _ Lt1C~~ aed St~b of Flo~id~. dewibd a follow~: Lots 3~ 4 and S, Block 11, INDIAN RIVBR ESTA2ES~ UNIT 2, according to the plat tbereof on file in Plat Book IO, Paqe 46, Public R~car~€ of St. Lncie Connty, F'lozida . - T;?((~; , ~ ; : - ~ :t~; . By .aqreea~ent of Martgagor and Moztgagee on file Aith '~-a; Mortqagee, the within sortqsge secuzes not oaly an existing indebtedness, but also ADVANCGS _to be NF3tE_ T~ AF7SR aade by Mortgagee to Moztqaqoz~ the aggr~gatQ ~y ' . of which will equal the priacipal aoount specified ~i,~ ' in the prosiszory note secured h~zeby. ~ ~ ~ ,i - _ „ - . n ~ ~oc, ~ " ~n~./ ~ ot T.i.. Q ~ ~ M ~e,~,nsr~t aT..r - . - R'r"i"'d • ~~tly~MMr . ~ ~ a»o~c~..~.~~~ ~aw~. - P~a , p~xsusnt To C1y0~ ~jy~- ROG lIO~iE~t l0~1~ ~"t ~ourt. St. Lu~N, Cp. Cterk CirCt~it CbuR. ~ V~• • ~oqe~Mr with dl and sinpular th~ t~nM+h, hK~tart»nb and ~ppu?tu+ces tMreunto belaginp or in anywiN ~ppKt~inkp tlwNo. ~nd ~(I t+nt~. M~wa. arx~s ~nd profits ~euuinp ~nd to aeuw fran Nid prMnisrs, •11 of whith ~r~ irrcludsd in the ~bov~ ~nd forpoieq dMCrlptlon ~ed Mb~ndwn. TO NAVE AkD TO NOLD tM ~boN d~wib~d ~nd pr~nt~d pr~,niws unto tM wid MORTGAGEE. Its woon~ors ad a~ipey forrw. Md th~ ~afd ti~OR7GAGOR for the~Z M~, ~~anon, adminiantors ~nd ~uigm. F~~by wv~n~nb with the uid MORTGAGEE. hs wouaon ~nd ~ ~~t thev a re larrfully Ni~d of th~ said pnrni~a i~ fN iimpl~s th~t th~ ~un~ ~r~ kN, cl~sr uxl d4eFwp~d fran all INe~ and ~neun? h~s~.. ~ i.M? o. u~ .~+y. «,d e,.•- they r„i~~ «~a their hti~~ ahall wuraM Md d~fMd tFN Nt1~ f0 NN ~MM Tq tFN Nld ru~ORTGAGEE, Ms ava~aon ~nd asions, fonva p~lrrt th~ I~wfvl elaina ~nd d~n~nd~ of dl pKwerr PROVIDED. AIWAYS th~t if th~ MORTGAGOR ~MH psr un/o ths MORTGAGEE tM promi~wry noh h~nlr~fon dMVW~d M~d ~11 /nrly, pranp~y ~oC ~nd ful~Y DK~~4 d'iatfMr~a, ~:KVtl. eomplN~. aomplY with ~ed abid~ by Neh and wKy flr qipubflo~M. ~p~nt~. GO~dfIb1M Md Oov~nb Of s~id ~'~O prom~~fory noN snd of thN Mottpap~, tMn tAM Mwpap~ u~d tM E~q» h~nby pMt~d ~h+ll cas~ ~d b~ nutl ~nd void. ~ IT Is uNDERSTOOD tlNt th~ ward "Mortpapo?' whdf»r h tFw ~inputa. a plur.l ~nywlw~ in tl~a MortpaqR, ~1) bi ~kpvl~? N oer only ~nd : shat! b~ plwal job?tly ~nd ~+r~ntly H nwn thM? oey, ad thN ths word "tMi~" u uNd ~nywM?~ In tF?N Mort~p~ sh~ll b~ t~k~n to nN~n "ht~," "!wti° ' o, •.~n," wM.ww tl» ean~nt ~o Nnpllw a~denUS. Ahe, tMt wh~rw~r the~~ M~ r~~ b~ tM oo+r~nanM w+d pr~b Fw~tn oont~Gwd w~ny o1 ~ s rtw pntiN twrho, th~ ~h~ll b~ aon~nwd to n»~e? « w~l1 a~ tM hdn, Ipd npes~ntariw~, ara~ars ~ed ~alp~r (NN~ volunary by at e~f t1N Pan~ or tnvolumw bfl aP~ntbn d the bw) ot tM sanr and rh~t tM cownanb Mnin oomdn~d shdl bfnd and th~ b~fi» ~nd ~dNntpM Mu?~ ~ ~o tM rMp~ttlw Mh, b0~1 hPr'a~m~thrM, wtw~0~~ a~d ~qiqm of 1M p~rt1N Mnto. . Md ~aid !Y{o?ppa~, for tlwenMlvM N+d tl~eM INira. IpN ~ep~t~nl~t~au, s~xurwn and uslpry, h~r~by jointlr ~nd »+rMdy oov~naet ~nd prN ro ~nd with Nr wW 1MORTGAGEE, h~ wop~wrs ~rd atipna: 1. To p~y dl N+d ~kqubr tM prlnctpd ~nd Mn~t ~nd fh~ v~ria» u+d wndry wms of n~omy p~yabl~ !ry vkfw of Nid promfwar noh, ~nd tht~ mw?pp~. Mch ~n/ ~ry. /ranp~h? on Nr d~ rMP~atr~i~r fIM ~wrdly b~oonw dw. 3. To ~r ~M ~nt ~Mi/rlr th~ taeM, ~iN. NviN. U~bi11?iM, obii~ario~rr and ~ncwnbr«~ d~wry n~tur~ ~nd kM~d new on wld d~wb~d G~OpM1r. p 1~1N ~MfN~IM. 1lMr ~ MII~ON~, MIffM~r ~0~, ~M11~. Of M~NNd fFMf~011~ 01 f~Ml ~MfNf1M IINY ~ 1~1?1~ O/ M~W~ IIP011 I~IM ~Of1~ ~p~. M t~M ~1~fMN ~KW~ fMf~• N~~1 MIO ~'YMr~ WFIM1 /~IN ~fld ~y~~. KtOf~ b~1M• ~~Of~ t~lfy bKOfIM ~~f1~Y~fMi Yld ~O~f~ Nly ~fMMNt sn•cht~ a My p~n~hy b Incw?~ AND INSOFM AS ANY THEREOF IS Of RECORD TME SAME SHAII !E ?ROMIPTL~ SATISFIED AND OISCMIARGED OF R£CORO MIC TME ORICINAI OFf1GAl.DOCUME~li (SlKM 1S, FOR INSTANCE, TME TAX RKEIPT OR THE SATISFACTION /MER OffIC1ALtY Et~ORSEO OR CERTtF1E0) SHAIt ~E PlACfO IN TIIE MANp3 Qf y?ID MORiCrAGEE WlTHIN 1fM pAYS NEXT AFTER ?AYMENTs +nd in tM ~wnt thN ~ny tlw~of N nw c•~d. ut:~fied ~nd di~dut~d ~aid MORTGAGEE nwY ~t ~nY tinM p~y tM ~wn~ a~ put tlNrwf wNl~wA waiv w~ •r~hr ~ndM or bp virtw oi thb enortyp~ ~nd tM (vl) wtw~nt of Neh ~nd ~va~y weh paynwnt sh~ft b~ imm~di~f~~dv~ ~Y « ~ P~r~bl~ aid ~IwJ! bNr kN~.«+ ;.o~, rM d~?~ ~1~wf w?tfl p~W N nb oi nN?~ pM camwn p« ~enw++ ~nd top~tl+M wNh wch ImM„t d»II b~ s~cw~d b~r tM INn d Mi~ rner~r~. ~ ~ _ _ - _ _ , - - - ~ ~ e«,r~ ~ . _.-x ~ .