HomeMy WebLinkAbout1580 . 433140 `o ~
TNI~ , ~ , 17th day November A.o. 19~ bftwaEn
i wi e
r;.rf ~1t,~
of $t. Lucie t:ow,ty Fto.idE, haeinafbr dNignated as the "MORTGAGOR," and flRST FEDERAL SAVINGS ANO LOAN
ASSOCIATION OF FORT PIERCE. a corporation agani:ed and existi.tg urwler tM laws of tM United States of Amain and Mvhtg Its prlrrcipal play of
busirteN in the CNr of Forf Piero, St. luNe Cotnrty, Florida, henlnafta designated n the " TG G E."
WHEREAS the MORTGAGOR k Irlatly MwNbbd to the MORTGAGEE in 1M sum of i • pood and lawful rrrorrey of Mta IIttllad
States advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by • certain promissory note of even doff Irareerith. d whirls Ilre IellewYtg M
wads and figwes 1• a trw Dopy, 1owN:
x28,000.00 No 11000015. _
Fo:t Pierce, rlorida, November 17 19 72
fw valve received, 1, we, or either of us, promi to yy,,wi~hout defalcation, to tM wda of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE at fort Piero, Flor99ida the rum of 3 ~8 r ~u' . wrth interest from dart at the rate of 7 ' S X ter anr?um, In
monthly installments as fellows: t"~'~~ on tl,e 10th day of January 1979 and a like sum on
the corresponding day of each month thereafter until tM whole be fully paid.
Each irutallrttem first shall be applied in payment of the Interest and then on the unpaid balance of tM prirrdpal sum. If defauh b made
the payment of any Inatallmer?t when dw, and such defavh continwa 30 days, then at thf option of _tM holde?, and without any other notice,
all the remainirq installrnfnq aMlt be dw and payable at once. Privilpe is given ro prepay this note in whole a in part at arty time without
penalty. Neither forbeasnoe. na acuptana by the holder thereof after any default in any payment bacon. sMll bf dfaned extension. A late
payment durge of >I ~ 1 _ ~n _ atoll be assessed fM 46M deg of tM monM, if a regular bwiness dsY. or, if trot s rrtgular business day.
then the next business day, on each monthly installment not then received.
Esch maker, suety and endorser hereof, loimly and NwraAy, waives demand, presentment prWest and rrotioe of Probst for nonpayment, and
further ag.ees to any exrensan of time of payment, either btfore or after maturity, without notice b any of ua; and ro pay all costs of collection.
including a rsasonabk atto.ney's feE in tM event of any defwlt herwnda, and hereby severally waives all benefit of homestead and exemption under
the constitution and laws el ead+ State of tM United States, as against this obligation a any extension or renewal Mreof.
• (SERI)
s/Robert G El 1 i son csEAu
State documentary stamps In the amount
of S42 _ 110 are _ (SERI)
affixed to th. morrgagE Neural Mnby. Sl Tamara E11 iSOn (SEAL)
NOW, THEREFORE, tltE MORTGAGOR fa"tM pu.pow of securing payment of Nid :um of i .and tM pafonMnce of tM
covenants and agreematts hereinafter Expressed, and for divers good and valuable considerations, by thsN presenter. doh g?ant, bargain, NIL, remise,
release, convey and 'firtg untq the MORTGAGEE, its successors and assigns, ail that certain lot, Pico a peal of land, situab, lying, and being N tM
County of ~ • LUC1 a and State of Florida, deaaib.d es fellows:
See Exhibit A
This mortgage is reinstated to correct a Partial Release of Mortgage recorded February
13, 1979, in O.R. Book 303 page 598, public records of St. Lucie County, Florida,
containinn an erroneous description. The original mortgage of even date was recorded
November 21, 197? ir. O.R. Book 208, page 1184, public records of St. Lucie County,
Florida, and documentary stamps and intangible tax were paid~theron,
~
-
P
~~p f IN PAIIYENT OF TAXES
DIfE ~ fX11SS 'C' INTANI;:BLE PERSWIAL PRO?Er.TT,
PdRiYANT TO t.HAPTER TI•t~4, ACTS OF 1l/l.
, R06ER PWTfiA3
~ fxE>iic aRCINT coIIRT, sT. LucIE p.. FiA.
~erhar with all and singular tM tenErrtents, Iwreditaments and appurtances thereunto btlorging or in anywiN appErtainMtg thEnto, and all rants, IsssrEa.
;:*oceeda and profits acauirrp and to accrue from said premises, all of which. art included in tM abew and fwfpoing dttsaiptfon end Irebatdtntr.
TO HAVE TO.HOLD the sbew desaibEd End granted pramiNS unto tM Nld MORTGAGEE, its wcaseorE and aalgrrs forEVer. Mel the Nld
r ~heir_
MORTGAGO hNn, Executors, administrators and au'tgrn, hereby cowrrartb with the NW MORTGAGEE, Ns successors End aaslgrta,
~h~y are
tear - - - lawfully seized of tltE Nld premieres in fN simples that the same an frN, dear and dsclMrgad from all IlErrs and Eltcsrrt?
prances in law a In equity, and Ihat they wlll and their Min sMll war?arN and deffrrd the title a tM Dente p tM aald
.MORTGAGEE, Its succeaors and .a.grr, forevEr Egalrtat tlrE lawful dain+a End demands of all persortst
PROVIDED, ALWAYS that H tirE MORTGAGOR shell p.y umo tM MORTGAGEE tM pramiaaory rrob haEinbEfon dawlMd end ahetl hdlr. I>h
and fully perform, disdrsrge, ExEgAe, corrtpMlE, comply with and abidE by each and every tlra stipuMtlOrrs, prNnMnh. oar~tlorM and corNtrents of Nid
promisaOry port End d this MOrgsge, t)rErr tltN Mttrtgape and tIN Eaate hEnby trNfEd atoll geese and be null and treld.
~ IT IS UNDERSTOOD that the word "Morgsgor" whether N 1M sMtpular or plural enywherE M this Mortgage, sl+aY be sNqular M one qtly and
rh.ll be plwal ~oirttly and eerarally H mtxa than one, and that tlrE word "their" N need anywhere In thR A6ortgage shag f» taken M moan "IrM." 'lrEra,"
pr "in," whoever tltE to0rrtettt ere ktrpl)M a adrnhs. Akio, that whaetnr then M a rEfaenq M tM txrvEnante and agrEEmErrls harem oorrtaktad to arty od
the partifs hlrEtO, /M cane shall be OOtrsttllad to moan w will M tM hsks, ktgal npnaEnfathrss, nroosssors and nslgrr (tither vehnrtary by eel d tM
o.r1iH or involuntary by Ops?Nksn Of f11E law) of 1M same and that tltE cownann hErEln eomalrrsd shell bktrd and the btttrefFes and edvarNpN keun wc~
ro the raapECtM I+eln, ktgsl gpresantsth+ee, Mrocaeson and sasgne of tM partlea haEto.
And said Matgpors, for thsntselws and theM halts. legal nprfNnuthne, waeaaon and aaagns, haEby jointly and severely covertaM and sgnE =s it
ro and with the NId MORTWI4EE. IM wooMSOn and assgns:
T. Te peg eN and aksgelar tM prlndpal and IntereM and the various and wndry strnra of money psyabkt by vlrfw of Hid prontNsorr nab, and 1hM ,
mortgagE, uds and every, gromplh eft the days tespeethrely rite sane severally become due. ~ 1
2 Te pay aq ear/ afttgtrlar the goes,; sssssatsarra, ketrlsti, NabilMiES, o6ligetiotrs and rtrtownbrantou of every tsehtre std kMd ttetw on geld deatxfbed • z,
property, a that haaaFtN stay be MMaM~r atrffEred. placed, Iev1Ed, err aoseaaEd thereon, et that henafNr mar be leeled or aaesaed woo NtM Afottg-
age, w t1N kndabtafnass seaasd hereby, each and evert, when dw end payable, atxording q ktw, beiara NtEy bttcottre delklgtrerM, and bttfere enr kiMarest
a!rschea err any penshy N Mrcurredr AND INSOFAR AS ANY THEREOF IS Of R[CORD THE SAME SHALL RE ?ROMPTLY SATISFIED AND DISCiiARGED OF
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED V,
OR CERTIFIED) SHALL tE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER MYMENT= and in tM Ewm that spy thErEOf ki nw
peed. satafied and dischargEd Hid MORTGAGEE may of any time p.y 1M am or any pan thereof without waivktg a affedlrq err option, IIErr, equhy a
_ •;ahr under or by virtw of fhb nwrtgagE and tM full an•.ount of each and every such payment atoll be immedrably dw and payable and shall bEa IMaESt ~
r•om rM dab thereof until paid st ntE of nine per centum per annum and toQEthEr with such imNMt airall bE setwad by t11E pen 0/ Mb me?gtage.