HomeMy WebLinkAbout0125 ~ ~~(~'~~I~~t~3 ~ .
THIS ItVDENTURt. l~~ada tl;e. ?3T'C1 ~ day of ~~x~ ~ A.D. 19 75 belw_en
}2abert i.._,FPP_~lein~ ~_sinc~le adult _V~__.~ _
o{ St LUC~@ ~ ~eunry- florida, heroi~aher designateJ as Ihe "MORTGAGOR." rnd FIKST fFpEZAI SAVIFIGS AND IOAN
ASSUCIA~ION OF FORT PIERCE, a corparati~n organized and ezi~ting u~d:r iht le:vs ot the Unised Slat~s ~f America and heving it~ prindpel olace ot
~ butines~ in the Cily of Fort Pirrtr, St. lu,ic Coun!y, floriJa, hereinafter des~~nated ax tiie "n10RTGAGEE."
500 O(3 '
WHcREAS thr h1oRTGAGOR is jusNy indabted to the ;v10RiGl+GEE in tho sum of S ! c~ood dn(I Idwful mGnCy of the Un~ted 2
States advanced by the P~10RiGnGEE unto ~he M,JRTGAGOR, as evidenceJ by a certa~~~ pron~issory nota of c~cn datc herewiih, of v~h~ch Ihe iollowing in ~
S
words and i~gures i. a t~uc cupy, Io-.viL-
S 500s00 No 10021291 ,
~
fo:f Pierce, Florida, n~~ i~ 23 `_1975 , f~
For val~~e receiveJ, ~c. or either of us, E,!~m~se to pay, withoul dafalca~ion, to the ordcr of FIRST FEDERAL SAVINGS AF:D IOAPi ASSC~CIAl10N OF ~
- _ _ ~
f~RT PIERCE ~t Fort Fi~rcr, F~cri:la, ~he w•n oi S.~QQ~ QQ__________ v:ith intc:esi frcm da;e a! IF.a rate of~aQ {:er anr.um, in maNhly install-
• me•~}s as r~~~a.vs: 55. ~0---_---- o~ rhz 20th ~~y of hia~~_.-_• 1975_-_ dnd a I~ke sv;ii on the correspond:ng doy ~f each mo:rth there-
aher u~:t~l ~he who'e be (~lly paid. - .
Each installmant first shill 6e applied in payment of the inte:~st and ihen on tha unpaid ba!ance of the principal sum. If defauh n made tn !he
pt2'menf uf any i~s~a1!ment v:hen due, and such deia~h cor,~inues 30 d:.;:, lhen at the, opl~on of the hofder. and wi~hout any otFer notice, all the rema~ning ~
• inslaUments sh~~l be du~ and pay.~U!e at o~ue. Priv+lege is given to prepay ?his nole in whole or in pa~t aj.eny time withou( penalry., Neithtr foreSearancz,_
_ nor accepra~ce by tha holdcr thereof afeer er,y default in rny payments hereon. shall be deemed extension. A late oayment cherge of 5~~5 ; shel{ be ~
added +c+ each instatlment reaioin~ng unpa~d 7 days aiter its due date, and a Iike sum sl~~ii L•e added to each such ins:altn;ent remaini.~g unpaid 7 da~rs a(tar .
each s~cceeding payr,:ent ciata.
~ach maker: suraty and endorsr: hereof, joinHy and seve•~IIy, waives demand, pres^ntment protest and r.otice o* protest for~ nonpayment, ar.d further .
agrees to any exttnsion of ?<me of paymeM, cir}:er Lef~.a or aiter rr.atwity, •Ni:hout not~ce to any af us; and !o .pav all cosis of to~lection, ir.cl~ding a ' '
reaionabte attor~ey'a fee i~~ :tie evenl of any defav;t hereunder, a~d hereby sevcrally ~vaivas all btnefit of h~mestead and exemption ~nt{er the corislit~liori ~
and lac.s of each Siare of ~he Unitrd States, as against Ihis obl~ga~i~n or any extansiun or renetivol h~reof. ;
~ V~itness the hand and seal of each p3rty. ~ . ' ~
, - : , . . . ~ s/Robert L„ Sp~elei.n ~ a sinqle ~~~.}iZt
. ;
. . .
_ . (SEA!) ~
- " ~ (SEAL) t
( ~ ~ 75 Sta~e Rcvenue - ~ . - lS£AL) ` ~
(ita.r~~ ~asu~lled vo aii~iryl~to) • ~ ~
~
- NO'.Y, THEREfdRl, the htORTGAGOR for the purpos~ of securir.c~ paymenl of s~~d sum of S$ and the performance of the :
covenants and agrermr+tits hereinafter expressed, anJ for dlvers gcod and vaiuable ccns~drratia~s, bv these p~esenls, dces g:ant, btrgain, seU, tem;se, E
re~ease, convey and conFlrm unto the IhORTGAGEE, iis 3ucce~so:s and assi~r.s, zll that cartain Im, piecr er parce: of land, sifuata, lyin„ and being in tF.e ~
Coonty o~ St. Lucie - _ ~ and Stat_ of Florida, deuriEed as tol;ows: - ~
- - !
E35t ~ of ~.ot 31 and the LJest of Lot 32, f3loek 5s FOF:T PIERCG IiF.ACH SUBDIVTSION~ ;
{
as per the revised plat thereof recorc3ed in ~ lat Book 8, pane 2~, af the Public - ~
Records o.f St . [.ucie Lounty ~ - F1or ida ~ ' ~~U~ _ . _ ~
O/- Ovj~3 df~D~b =
:
~
. _ - ~
3
- This is a second mortc~age being junior s
and inferior anly to a prior ~irst ~
r~ortgage.from mortga~ors ~o.rnortgagee i
dated Apri2 17~ 1~75 and recorded in ~ ;
O. R, ~ook 238, page 17F3~., Public ~ -
Records of St, Lucxe ~auntyf Florida,
. S A~T L ~ ~ r ? rJ ~ ~ - _ Uv~ ~ .
z UoJ:'tJ~~l~tiiAf~iY.~:'~:-;;: $ i ei~~S`t' i ~ - . - ~ IN PAYMEK~ ~ .
. ~ 4ROQ~~ `
_ €;EF't. ttEVL rtlt ~°-~t" ~ - . AE~~IVED ~ YpK;,IB~E FERSt1 ~9I=• "C ~ - ~
~-~k.ti.~~ ' CIASS'C' IN 71•1~~ p~YS ~f .
:<<_ _ - = y_....,~;'': ~4AP~
M - Ne. ~ ~ ~ 5 ~ p~ RSL'At1T 10 ~ ppf[Fil~S
n ~ P1 kOG~ , S~, CO,.
~ ~ - IE
- . . . C~.ERK GIRC11(t
togethec w~th all an~ singular the te~ements, hered~tament: and appu:iances thereunto belongi~g or in anywise appertaining thereto, and all rents, issues,
proceeds and prolits accruing and to aecrue from said premises, all oi avhich are inclvded in the above ancl foregoing destriptiort and habendum.
1
T(1 HAVE AND TO HOLU the aeo•re descrcbed and granted premises unto the sa~d MORTGAGEf, its successars snd assigns forever. Md the taid
hiORTGAGGR for ---h1S-_--- heirs, ex-=cutors, admin_strators ar~ assigns, hereby cov~nants witn ihe taid IV~ORTGAGEE, its successors and assign~, }
_t! @ , S ;
ttiat - lawfully seized of the said premises in fee simple; that the same are ~ree, clear and discharged fran e!I liens and enturr.m ~
braaces in'Ibw or i~ equity, and that=l]E w~ll and _ h15 _ heits shal) warrant and defend the title to ihe same to the said ~
MORiGAGfE, its v,ccessors a~~d assigns, fo;ever against the lawful c~aims and demar.ds of all persons; -
FROVIDcD, ALV,IAYS !hai if tne MCRTGAGOR shall pay vnto !he MORTGAGEE the promiswry ~ote hereinbefere descr+be~' and shall truly, promptly -
and ful:y perform, discharge, execute, comp!ete, campF; ;ivith and ab:de by each and erery the stipulations, agreemems, conditions and covenants of said
p~om:ssory note and of this tllortgage, then ~his lrortgage and the Estate hereby aeated iha?I ceese and be null,and vaid. ~p
IT IS UNDERSfOOD that the word "fdGrtgagor" wFether in :he siagulat ot ptural anywhe~e in this Mo:tgage, shall be.s3ngular if one only and ~~p ~
shetl be ptcral joint'ry a~d saverc:ty if more Ihhn one, and that the word "their" as used anywf~ere in th~s Mortgage shall be takrn to mezn "hi~," "bcrs," x- ~
cr "its," wherever the contex~ so imp~ies or admits. Also, that wherever :nere is a reference in 1ht covertants and agreemnnts herein contained to eny of ~
the par!:PS h~reto, the same sha~l be cons!~ued to mean as ~vell as the heirs, tegal representatives, s~tcessors ard assigns (either voluntary by act af the _
parties or invotuntary by operatior~ of ?he law) ot the same and tha? the covenams herein contained ahall bind arw' the benefits and advanfages invre ~ ~
to the respective heirs, legat rep~esentati,es, successors and ass'gns of the part~es hereta ~ ~
And safd Morrgagors, for them:elvei and thei: heirs, tegal representatives, successors and assigns, hereby jointiy and severally covenant and agrae ~ '
to and with t!~e said h?ORTGAGEE, its successors and assigns: - ~ . ,-~.rn e
1. To nay aH and zingvlar the principet and intereit ar:d the :•ariovs snd sundry sums oi money piyable by virt~e of said promisso:y note, and thi~ €
mortgage, each and every, promptfy ~n tnr days respectively thr samt severally become due. _ - = ~ t
' 2 To pay all arw singular the taxes, as~essments, levies, _liabiliti:s, obiigasia~s a~d eacumErancet of every nature and kind no-rv on seid deivibrd ~ ~
_ property, or thet hereaiter msy be imposed, svfferecf, plr_ed, levied, or a,xes;ed thertwn, or that hereaHer may be levied or assessed opon thii Ahortg•
age, or the indebtedness secvred hereby, each end eyery, when d~e and payable, accord'+ng to law; beEore they becomt delir.quent, ar.d beforo ar~y interest ~
f ~
i , attachos or any penalty is inrurred; AND 1NSdFAR AS AN: T.i£AEOF !S OF RECORU THE SAME SHAII BE PRO'APTLY SATISFIED AND DlSCHAScGfn OF ~
~ RE~ORD AND THE ORIGIhAi Oi(l~iA~ DOC.UMENT (SUCH A5, fOR IN~TANCE, iHE TAX RECEiPT OR iHE SAT15Ft1CTION PAPcSt OFfICIALtY :N~ORSEp - ~
OR CE~TIfIkD) SHAII BE ?IACED IN THE HANDS OF SAID ~AORTGAGEE YIiTHIN TEN DAYS NEXt AFiER PAYIrENt; a;d in ~hs event thaf any there~f is not ~
paid, sat'sfied •3nd discha=ged sa:d hSOTiGkC~EE may at any time pay tht same or aRy p~rt thereof withoul waivin~ or ~(fectino any option, litn; eqvity tx ~
~:qh.t uro3es or hy v;rtw of th?f rr.ortoage and rhe fulf amount of each and every such paym~nl shali ire immediatefy due and payabla and sha~l bear inferest
` From the date thereo( ontil pa:d at ratr of nine per cent~m per annum and ~age7her w;lh such intetast thaii be secured by Ihe iien of th:s morgtage.
s
~ ' _ .