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HomeMy WebLinkAbout0608 a;~1-542 , ~ bth • ~ OcLober ~~sso sn e d'~$~sson, s w e . . b'"' o{ St'. ~Cis Cow+ty f1aW~, M~~inahN dt~qn~ted a~ th~ "MORTGAGOR," u?d i1RST FEDERAI SAVINGS AND IOAN ASSqC1AT10N Of FORT ?IEIKE, ~ ao?pa~tan orq~nis~d M+d u~u~.q uedK th~ I~ws ol tM Un~~ed S+u~~ of Amaic~ ~nd Mvinp iq pincipd pl~u of b++w~.(n tIM Ciry ef IdA ?IKq, St. lutb Counry, Flpld~. MrNn~ft~r d~t~pnpd a~ ~M "MORTGAGEE." - WHEtEAS th~ MORTGAGOR N(wtiy ind~bf~d to ~M I~WRTGAGff In Nw sum oI s at~~• ~ J_ _ Q~ u~ I~wful ~y o1 tly yei1~ s+.~a •d~ane.d by ~M MORTGAGEE un~o rh~ N10RTGAGOR, •~~d.ne.d by • e•~~•~n prom~~~ory not~ o~ •v.e? d.a Iwr.whA, ~f whid ~M fNl~rdy 1n words ~r+d H~ urb y• trw oopY. to,wit: r s 8~ _ rvo. ~-2 30~1~ 1 F~., ~,«<e. ~~a,d.. _ October bs 19 7t3 fo~ valw r~c~iv~d, t, w~, a•~the. oi us, promis~j to p~y, wi~hout delalcatio~. to rh~ ader of fIRSi FEDERAI SAVIN A IOAN ASSOCIATION ':>F F(HtT PIERCE at Fwt P~~rw, Flaida. ~~+t tym of =`~~~0!~ . wnh ~Maest Irom d~q ~t tM ~~N of pN ~nnw+~, in ~~anrhly mstallmeet~ fdlows: i~2~1.l._~ _ on the 101h day of Nave~aber 19..L= M~d •(ikt wm on rhe corre~pond~~y d~y o} ~ach month th~rtaft~r ~nul rhe whoi~ be fully paid. E~ch in~~a{Im~M firal ihall b~ ~ppli~d in p~ymenf of tM in~er~s~ •nd lhen on IM unpaid bal~nc~ oi 1FN principal wm. if def~ule i~ mad~ rhe p~ym~m of ~ny inuaument when dw, ~nd ?uch d~f~ul~ con~lnu~i 30 d~y~, then a~ tF» op~=on of ~I+~ hotd~r, ~nd withow •ny o~Mr noric~, a i ~he remaininp in~tallm~nfs ~hall E~ dw ~nd pay~bl• •1 once Vr~vilp~ is 9ivt~n to Prepay ~his ncjs in who~~ w in p~H ~t iny lien~ without prnafty. N~ith~f forb~~r~nc~,erwr ~tupt~nc~ by the hold~r tMr~of ~fa? ~ny d~fault in ~ny peyr~enr h~r~on, sh~ll b~ d~ned •xt~mion. A lat~ cayment charpt of f •[O ~~~I ~ is~e~~sd th~ 1Mh daY of 1fie momh, if a re9uta~ bu~inp~ day. w. if no~ ~ rpula~ busin~u d~y. rhen rhe naxt bus~n~~s d~y. on ~sch monthly imt~llm~nt not tMn neeivd. Each maker, tur~ty •nd ~ndas~r her~oi, jo~mly and teva~Ay, w~ives dem~nd, presentme~t profM~ and nor~os of pra~st fw nonpayrnM~, ~nd f~~rher agrees +o +ny •:t~.+iion of tim~ of paym~m, •i~Mr beiw~ or ~hN m~wnry, wirha.? non~~ ~o ~ny of us; aod to p~y ~II co~ri of coll~ction, • ~~clud~ng s~e+sonable ~nwney i fN in th~ ewnt oi eny def~ult hereunder, ~nd hereby aever~tly w~ivei all btrt~fit of homqt~~d ~nd ~a~mption unde~ fhe cons~nut~on ar.d lavr• of Nch StN~ oi th~ United Staqs, p~inst lhis pbliqaGon p a~y ea~Mtion or ~~n~w~! M~eol. . _ (SEAII John R: Sisson S+are dotumenliry atampf ~n th~ ~mpunt (SEAl1 . of S-- 12 . ~ ar~ (SE/lll aFf~xcd to tM mwtpw~ Ntur~d Mr~by. ` A . 330t1 (SEAL) NO'~l, THEREfORE, th~ MORTGAGOR for the pu.pos~ oF ~ec~rinp psvmenr of ~a~d :~m of = and tM pKformanc~ of th~ covenants and prkmN?t~ lyrt+naftM ~apiesaed. ~nd fw d~+ers pood u+d v~lu~ble cons~drrat~om, by tMN prtNnts, doq pr~nt, b~rp~M, HII, r~mi~s, _ ~eieas~, eonv~y u~d ea?firm unlo tM MORTGAGEE, it~ •uccetao.s end •~siyns, z{1 +h+t re.tain bt, piec~ or paretl of land, situ~t~, lyinp, and b~inp in tM ~a+nry of $t'• ~+1~Ci@ ~nd Sut~ of Fbrida, d~wib~d followa: Lot 22, Blxk SC~, Port St. Iucie Section 10, according to the plat thereof on file in Plat Book 12, Page l~9, public records of St. Lucie County, Florida. By agreement oP Irbrtgagor and l~ortgagee on File With ~ Hortgagee, the WiLhin mortgage secures not only an c-~ existing indebtedness, but a2so ADVANCES to be AERE- AFTSR made by I~rtgagee to I~brtgagor the aggregate of Which vill equal the principal amount specified . in the proaiissory note secured hereby. (o . A~sost~red i-~..`._ M Payr~snt 01 T This' is a second mortgage being ~unior and inferio~~ On Ctasa'•C" IntangiblePersonetPrq~ only to a prior first mortgage from mortgagors to ~~~ertt TO Chapier 71, 134, Acts p1187i. mortgagee dated September 2, 197?, and recorded in ROGER POITAAS _ O.R. BQOk 27lt, p~ge l~36, public records of St. Luci~rtc qrcuit Co„n, St, ~ucia, Co., Fts. County, Florida And it is agreed that the mortgage debts shall be . merged into a single indebtedness and any default under the fir¢t mortgage shall otherwise constitute a default under the tereis of this mortgage. ~ern~. w~th all ~nd sinpul~r tM t~nt~, h~nd~tam~nts ~nd, ~ppwt~nces tM.wnro belonq~nq.w in u~y~wiw ~pp~A~infnp tMr~% ~nd all rM», i~wN. ~•oceeds •nd profib ~tuuinp ~nd to ucrw from ~~id premia~, atl 01 which ~re includ~d in tlu ~bov~ a+d forpWrp d~trlpNon and hab~ndwr. TO HAVE ANO TO M~bow d~te~ib~d ~nd pranted pr~miay vnto tM a(d MORTGAGEE, in sutus~on ~nd ~p{pey /or~v~r. /u~d th~ ~ald ~~~~RT~, jGpR (ar ~@~r hNn. ~x~eutors, administr~tors ~nd •uiyru. h.r.by eov.n.en wifh rb. afd MORTGAGEE, 1n wea~o~n w+d NWper„ a~ I~wfully Niz~d of tFw wId pr~eni~ in fN iimpl~s IMt tM sun~ ~r~ fr», elNr ~nd dMelwp~d from ~II II~M r+d ~nevn~ c•ance~ in I~w a tn pvity. ~nd tM* t'h@y wlll ~ed thetr Min sAall watw~l ~nd d~f~d th~ tltl~ b IM p th~ wb M.ORTGAGEE, ih suee~uon and w~per, fa~wr palnat tM I~wfvl elaims ~nd d~m~nd~ ot di pKwna; PROVIDEC. AtWAYS tMt H tIN NWRTGAGOR shdt p~y v~to tM AAORTGAGEE tM pranb~ory ~ot~ M?~M~befon d~ ~nd ~Irll Mvlp, prp~y>tF~r e~~ fully p~rform, dittMrp~. ~a~evb, tomPl~t~, tanply with ~nd ~b~ by ~~th and ~v~ry th~ aiV~du~oeM, pnwMnh„ oa~dMlotr a~d oov~nM of s~id o•om;uory eau •nd of thM Mortpp~, tMn thb Mwtyp~ ~ed tM Estat~ h~nby e~td ~Mli uaw ~nd b~ nuU M+d void. IT IS UNDERSTOOD flwt tF» wwd "Morfppor" wlwthu in th~ stnpular or ptwal anpwh~n in thi~ AAp~rt~p~ s!w!t b~ skfpuN? !f pn~ pnyp ~nd iha!I b. plu.al pindy u~d Nv~r~ly H mon tlwe on~, u,d rhn tM wo.d "~M~r" •s us~d «+ywM.~ in rht~ AAortp~p~ ~hall b~ t~k«+ w nwn "Ah," "1»e~,•. ~•'~ia," w1+N~wr t!N comaA a YnpIN~ w~In. Abo, tMt wMhwr th~n M~ nhrMt~ In tM tov~n~nb ~nd pr~nM FNrNn aomdmd w w~ ol +n. p~niN Mnto, tlw wM ~A+l1 b~ carm~d a n»~n a wnll N tM I»In. Ip~l np.~s~m~thr+~, a~on w~d ~atar (~MI+K veluntMr bp ~a of ttw w Inwlw+r~rY M opM~tbn of N» I~w) of tM ~aen~ u+d tlut th~ oovaunn Mnln oontdrnd ~II bkd Md tM b~fft~ ~nd ~dvantpM MN+n wC ~o ~FU nsp~ctiw M~n, bp~t rpr~nt~thrN. wtc~ors ~nd w!pn~ of tM p~rtiM Mnto. Md ..a AAo.r~.oor.. k. ~++.~w+w. «,d tAN? ANn. I.O.~ ..p..aN?qrw«, w«,,.on «+d ~+~a». M~.br iQ+~tN .~d .w«.~~y c9v«,.m .na .0... g~ ro a~d wlti~ th~ siW MORiGA(iEE, ib wcoMrws ~nd wipn~: . 1. To p~y NI ~nd ~M~rbr fh~ prlndpal a~d IntKNt a~d th~ various ~nd wndry sum~ of nwmy p~Y~bl~ by v{nw of wW Oro~ny~prr noN, ~nd thN t mwt9~• ~~dl M1d ~YMr~ pfO~pt~Y Olf ?~N ~~f fNp~CfiM~~Y dN iMM NMff~~~y ~C011N dW. ' 2. TO p~y dl ,r~d W+Ovln !h~ axM, ~p, ~wiM~ 14WIMtw, ebli~tbm ~nd «+awnbr~~w of Mry Mtw~ and kN/ new on aN~ d~crN~d ~ s F~ow~+l~, a ~h~+ Iwr~afN~ n?w b~ MnPa~, wHa~d. pl+ad. Iwbd, a~wM~d tMnon, a th~t I~fe~ nwy b~ IwMd a~~ upen MU Morp. •fl~, w tln fnd~bt~deMw NwnA MrNqr. ~c!? sed ~wry. wMn dw sed psysbl~. ~ocordiip to bw, btfan the~r b~conr d~linqwM~ ~nt1 1~/or~ an~r YN~r~q ~ e}t~chN p~ny p~n~lry y Inwn~d; ANC INSOFAR /1S ANY THfREOf IS OF AKORD 1HE SAME SHAII <E ~ROMITLr SATISf1E0 ANO WiCM/1RGED OF ~ECOR~ AND THE ORIGINAL OfFIC1Al DOCUMENI (SIKH AS, FOR INSTANCE, iHE TAX RKEIPI OR THE S/I~ISFACTtON ~AfFR OFfICtALIY ENDORSfD ~ OR CfRTIFIED) SHAU bE PIACEG IN TME MANCS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER YAYMENT; ~nd in tM ~vMt tirt ~np thw~of N~a1 ~ .^e d. ?at ~fi~d ~nd di~chup~d s~~d MORTGAGEE m~y ~t ~ny tim~ pay tM urn~ a~ny paN tMrw1 witFaut w~ivinp o~ ~ff~ctkp Mr aptipn. 1{~n, puNy w •~.~hr vnd~r o~ by virtw o~ thtt morty~p~ u~d ~M full ~mount of ~~ch ~nd ~v~ry ~uch paym~nt ~h~J! b~ ~r~,,,.d~a~•Iy dw •nd p.pb1~ ~nA ~MII bMr Int~rq+ ~rom rh. d•a ~h..wf unRl paid m~ of n~n~ p~r c~nwm p~r snnwn ~nd tpQ~tl~ with ~~ch imNNt ~MII b~ Ncw~d by N» IfM d M:~ ~taw. ~ . . ; - - _ ~ :,r ~ '~`~.~-.~.i+~ - ~ - " . . . a ~4.~"3.n~~~~~