HomeMy WebLinkAbout0637 413343 '
TMR t~R11~L M~~ d~Y of ' AA. 19~~ b.tw~+
ran J. LynCh,~.'Jr, an ~hi ce K Lynch ,,tii c wi fe}
oi • uC e County ilwid~, I+N~inaftK daiq~~~~d +i eM "MORTGAGOR," ~nd fiRST fEDE~I?l SAVINGS ANO IOAN
ASSOCIATION Of fORT ?IERGE. • oorpor~tion orp~nu~d N+d txNti.q undN ~h~ I~ws of ~M Un~t~d Sta~a of Mw?ic~ a+d h~vinp IM plncip~l plan of
bvwwu {n tl+~ City ol 11~A ?Mra~. St. l~ct~ Cai~hl. fbrWa, Mninaiq~ d~~pn~t~d th~ "MORTGAGEE:'
WMEREAS fM MORTGAt30R is jwtly ind~b~~d M tlr MORTGAGEE in N» ~un+ of ~ fi.a~-_ 9ood ~nd I~vvtul ena+w d 11y Yw11~
S~~hs adva~c~d by th~ 1NORTGAGEE vnto rM MORTGAGOR, u~v~~c~d ~y • c~n~~n prom~a:ory no~~ 01 ev~n d~t~ l~riN4 d wAid~ th~ l~Ilrwln~ In
wad~ ~nd fipvrN 1~ • trw copy, towit:
s 6,.3D0 on No na-~~n1Q9~t~
Fo:, o,~«.. ?~a,a., ____Au9ust 9 ~v._..Z~
fa wlw nc~ived, 1, w~, o~ either o~ us, p~om~s~ ~o~ wi~hout de(~4at~on. to iM wde~ of fIRST FEDERAI SAiIIM(3S~Al~W~IQAN ASSOC~ATION
OF FORT PIERCE at Fort Pi~~u, Flaida, tM wm or s_ 6~""~• Q~ - w,~A ~~terest from dat~ tM r~N of ~2.l.~_~L pK
-.,on~hly ~nuaum~ms a~ (ollowr. t 51.8~ _ on rhe IO~h day o+ ~ October ~Q ;~9_1~ ~+d • I;Ic~ wm a+
~he cwrespondinp d~y of ~~ch mo~th tMr~aft~r unril the whol~ be fulty pa~d.
Esch insullmtM finl ~hall b~ ~pp1i~E in p~yment of rhe int~~ss~ •nd then on tM unpaid b~l~nc~ of 1M printip~l ~um. If d~i~ult ii m~d~
~n ~M p~Ymtnt of any i~~r~I1mMt wMn dw. ~nd such d~f~ulf continues 30 d~ys. thsn a~ tt~s optan of th~ hotd~r. ~nd withovt any o1Mr not~c~.
all rhe ranaininp inft~IlmMts ~lull p~ dw ~nd payabl~ at onct. Vrivilap~ ia yiv~n Io prepay ~his nore in whol~ or i~ parf at ~ny 1im~ without
Pe~Nry. Nei~Mr taM~ru~ce. nor acc~punc~ by tM holda M~.wf ~fra ~ny d~f~ulr in •ny peymMt herw~. ~h~ll b~ dMrr+ed ~xfeniion. A tar~
paymenf ch~r9~ of = 2• 59 sMll be •iussed tM 26th d~y of tFy morol~. i1 •~cqvlar bwinea d~y, w. if ew~ a rpulH bu~ine~s day.
~hen rhe next bus~n~a d~y. on e~ch ma+thly i~u~allm~nt not tMn nce~v~d.
Each make?. ~unty ~nd endor~ her~of, jointly and sew~aRy. w~ives dem~nd. p~esentrnent protast a~d not~c~ of p?ofNt fo~ nonp~yment, a~d
funher ~grsef to any •:teruion of tim~ of p~yr~n~nt, •ithN b~fw~ o~ ~fte? matw~ty, wirhout no+~:s to ~ny of vs: ~nd to pay all cwts of colkction.
~ntluding s reasonabl~ ~nprtey's fe~ in tM •v~nt o/ ~ny d~f~ult her~undcr. •.~d Ae~eby uvcrally w~~ves all ben~fit of home~r~~d ~+d ~x~mption und~~
rhe conirirution ar.d lawa of ~ath Sqt~ of tM Un'sred St~t~t, p~p~~~~r this obliqation p any eatt~iron w.t~wal hercof.
~Frank Lvnch, Jr. _ ~se~u
S~ere docume1_nrt~ry ttamps in tM amount (SEAI)
of s
~4? _ -~.~Ar17 ('PK _ L_~'1CF1 (SEAU
~n
effixed to 1M mwtp~y~ s~cur~d Mr~by. (SEAI)
NOW, ?HEREFORE, the MORTGAGOR fw tM pu?pos~ of teturinp psymtnt of ia~d aum of :6,3on. Q~ ~nd tM pe~form~nc~ of th~
covenann ~r+d pikm~nn 1?N~in~it~r ~xpreued. and tw d~v~n pood ~rxl v~lu~ble cona~drriiion~, by tl+~s~ pr~sa+». do~s pr~nt, b~rp~M, qll. r~mi~,
reteaH. conv~y ~nd confirm ~nlo tl+~ MORTGAGEE. itf •ucce~wn ~nd ~ayns. rll ~ha~ :er~ain lot, piep or parc~l of land. ~itu~b. IYinp. ~nd btir~ in th~
Covnty of ~t I u['7P ~nd Stat~ of Florid~, d~~viA~d iollowr.
Lot 5, 61ock 465, PORT ST. LUCIE, Section 26, according to the plat
thereof on file in plat book 14, page 4, public records of St. Lucie
County, Florida.
- ~ -
,rr
By agreement of t4ortgagor and Mortgagee on.file with Mortgagee,
. the within mortgage secures not only an existing indebtedness, but
also ADVANCES to be HEREAFTER made by Mortgagee to ~lortgagor, the
~ aggregate of which will equal the principal amount specified in
; - the promissory note secured~hereby.
i
I
; - This is a second mortgage being junior and inferior only to a prior
g first mortgage from Mortgagor to Mortgagee dated October 10, 1978
and recorded in O.R. book 278 page 327, public records of t. Lucie
¢ ~ County, Florida. Recelvedd Y1?~11MfMOfTa,ces
~ _ - Due On Cless "C' Intsnpbi~ilNSOn~IPropetty,
~ Pursuant To Chapter 71, 134. ACM011971.
~ . ROGER POtiAA$9 ~
Clork Grcu?t Court, St.(~ qs Co..
~ ,.q•rher w~th •11 and ~input~r tM t~n~nn. Mr~d~t~m~nn ~nd ~ppuh~nce~ tF~r~unro betonyiey w in aeywiw ~ppKt~inlnp tbr~o, a~d ~ nnri. Is~wa.
~ c;•oceedi ~nd profit~ ~cc?uirq and to acaw from uid pr~miw~. all of which u~ iodud~d in IM ~bov~ u?d forpoinp dMtrfpflon N~d h~bMdunw
~ TO HAVE AND TO HOLC tM abov~ dMUib~d ~nd pr~nt~d pr~mips unro t1+~ uld MORTGAGEE, iM wocnwrs M+d ~lp+» for~wt. And NN aNd
~ their
~ v:ORTGAGpIt for Frln, ~x~cvton. ~dmini~tr~ton a~d •ugru, h~r~by oown~nn wlth tfie tald lNORTGA~iEE, lh wawas ~nd ~fprr,
~ a~-- t~X lawfully s~iz~d of tM saW prKniw~ in iN iimptr tMt tM sam~ u~ frN, clw ~nd di~cAe?p~d fran dl II~ ~nd ~ncw+?
~ o:.~ca~ in I~w a in p~rity. ~nd N~at
th~}L wlll and hei r lwin sMll warraM and d~f~ad th~ Ntb 1o tM s~n~ p th~ NW
~ MoRTGAGEE, fn ~vooa~on a~d wqm. ~w~ paMat tFw Nwful c4inw ~nd dNnN+d~ of s{I p~r~on~~
~
~ PROVICEO. ALWAYS tMt N tir MORTGAGOR shdl p~y umo tM MORT~sACsEE tIM promlwwr not~ Iwr~inb~iwt d~wlb~d and ~hdl Mvly. promptly
- .~-,d fullr p~rfwm. diuh+r9s. ~x~tvb, eaenpbt~, eanP~Y with ~ed abid~ by ~eh ~nd ~vNy tF» stipul~t~ar. ~On~n»r?», aonditfon~ ~td ~ov~nh of ~aW
- c~om~uory no~~ ~nd d thi~ Matype, tMn thb 11Ao~tpap~ ~nd tM En~t~ h~nbq rnn~d ~hall eww ~nd b~ ewll a+d v~oid.
IT IS UNDERStOOD tM~ tt» word "Mortppa".wMtMr in fM sk~pular a~ plwal ~nywhn~ In tha 11Aort9ap~, ~hall b~ ~kqul~r If a+~ only ~nd
' ~!„it b. plw~l ~ointy ~nd wvnNly H mon th~n oeM. ~nd Nyt tM wo.d "~Mir" w~d aeywlwn In thM 11Ao~ ~1»II b~ takM w~an "hM.« "Mn~"
o, ..;n;' wMrwN tM oom~~ w.M~pllu w admin. Ala. ~h.r w1+.rw.r ~hN• ta ~ nf•..no. tn ~h. aov.na+n ~nd p...m.n+. h.r.in oomatn.d ro~ of
4 ~h• partiM Irr„o, th~ ~lull b~ opwtrwd 1e en~~n ~s vwll N tM Mln. 1pd tpns~m~tFwa, wte~wo~s ~nd ~sNpn~ (~NF~ velum~Y bf? ~d of tM
pert~e~ o~ InvoluMM? bY eM?tlbn oi 1h~ INw) d th~ un» ~nd HMI tM cOvM~nb Mrtb tontd~~A ~lMtl bind and 1!N baNfN~ ~nd ~dvMtpM (nw~
~ ro~.a ~Np~aM Mtr+. Ipd np~+ath?M, woaaon ~nd a~tpm of tM p~rtiN MrNO.
~ Md ~Md Abrppers, Mr 1lwn~wlvu ~nd tMM h~M~, bWl npr~nuthrM. wocNSOn u+d +wipti. Mr~bY i~h? end Nwrdlp cov~nint and prN
•o •~d whb th~ wld MORTG~AGEE, Ib woonwn ~nd ~wip~:
~ 1. To p~y ~N ~n/ ~br th~ Prlnelpd ~nd IM~na «+d th~ wriou~ ~nd wedry wr~ of mon~r pay~N by vktw of Nfd p~on+IMOry ewN. w+d thts
~ mortQp~. Neh ~+d M~MY~ Mee~lp M~ tA~ d~1K rMPretivdp NN ~Mr Nvr~diy b~oe~M rw.
Z To pay ~II aid ~4~Ir th~ wiM, +~M~. MvNb WbN1riN, ebUwtia~ wid ~na+rnb~anow of w~ry mnK~ ~nd kln/ new on ~M/ d~wb~d
P~oi~Y. N M~M hM~~1fM wMy b~ M11p0~~, M/~FM~. P~~iM~. aYabl~ Ktadltf0 10 I~w~~Or~ 1fM ~ Nvf~ p M~MNd 110011 thM MOf1P
~ ~9~. M t~N ff1~bl~fMN NiW~ ~Nf~~ N~f1 N1d ~YMY~ M1~Nf1 I~Y~ Md ~N'y ~IhIqUMlI~ ~fl+ ~ON~ M~y ~IIqfM~
~ ~++~ch~s or ~ p~n~hy i~ Mtwr~ AND INSOFAR AS ANr TMEREOf IS Of RKORD TME SAME SMAII !E ?ROAA~?lY iATIif1ED AND GIiC11ARGED Of
u REG~R~ AND TME ORIGINAL OfFIC1Al DOCUMENT (Sl1CH AS, FOR INSTANCE, TME TAX RECEIP? OR 1ME SATISFACTION ~A~ER OfFICIAIIY ENOORSEC
~ OR CERitF1EG) SHAII bE PIACED IN TNE HANpS pf SAIO MORTGAGEE WITNIN TEN GAYS NEXT AFTER PAYMENTj ~nd in tM ~wnt th~t ~nr tMno{ M no~
~
~ pa~d, ur~fied and d'acharp~d w~d MORTGAGEE m~y n~ny tim~ p~y tM s+nw o? ~ny pat tMr~oi without w~ivinp or ~N~ctinp nqr option, li~n, puity a
gj •~~hr und~r a by virtw of thb narrqp~ u+d tM (vll ~movnt of ~~ch ~nd ~vay ~uch p~ym~nt sMll b~ imm~diat~ly dw ~nd p~y~bb ~nd ~lull b~ar Int«a+
irom rt,. d.a ~h...or ~,~,~I p.id •t r.~• of n~r,. p.. c•nn,m p...~nwn and ro4.+Mr with II b~ wcvr~~ If~n d thi~ nwrOt~.
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