HomeMy WebLinkAbout0501 • ` ~ i
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THIS Ih4EhTURE, Meda Ihe 1~t V~_ day o( `~1~-y - A.l~. 1%_ 7-? . L-at.veen
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S t . .Luc i-
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of Counly F!otida, hereinafte: desil:,atc:! as :he "hSOk1GAGOR," and FIRST FEQfRA', SAVIPlGS AND IOAN
ASSOCIATIaN OF FORT FIkRCE, e corpo:atian ~rganixed and existing undrr 1he la.vs of ihe Un~ted StaF.s of America and hnviru,~ its ptincipzl pl~ca of ~
buiiness in the ~ity of Fort Pierce, St. l~cia Cou~iy, florida, hereinafter designated a~ the "MORiGAGEE:' .
. K'HEREAS :f~e h10R1GAGOR is justty indrbled tu ihe hSJRiGAGEf. in th~ sum of b L~OO • ~U . ~acd 3r.d la~vtul mor•,~:~ of the Un~ted ~
Sta~+s ad.~anced by the h10RTGAGEE unto the h',ORf3AGOR, as e:~dencrd by a iena~n prornissory nota ot evcn djte h~rewith, of wh:ch ~he fullowing In
words and ti~ures is r trua copy, ta.vit:
si6,4nU^00 ^ ~0114~0310 :
forl Picrca. Florida, r~ dV 1 L -,19 ~ 5 ;
' iur ~afi-? reteivrtl, 1. •.c~• ot e:i~her of vs, Hrcmitc fo~pay,.witf~out c1e~a!caiio~•, +o !h.z ordrr of fIR51 fLDERAI SAV:nGS AND IQAN ASSOCIA:ION OF -
FORT PIERCE at Fort P;erce, florida, tha sum o( ~_16 ~--2~~ . an--- .•ti, ~f~ ~~~.~r~tr irorn d3tc at 1he ~at~ of8'_7~o prr o~:nu~n, in inonthly inslall-
ments ~s fol:ows: S--- i~s• on ihe 2~t~ld~~r oi _,June~_ . ~q 7~_ ar~d a Ili:e sum on ihe correspond~na day of each month there-
after v~ttil.the v.ho!e be fulty ~~aid.
Each instal!n:en* tirst shall L•e aj~p!~ed in paymant of 1!x in~erest and tl.en on tha unpa~d lance of the princ:pal sum. If dCfavlt is made in ihe
pal~~nent of any instaflmenl .4hen du.e, and sccn dcfauh cont:nvzs 30 d3ys, then at tha oplion oi tne ho!der, and vvithout any other notice, all Ihe remainir+g ~
instali~r,ents shall L~: d~c and p~yacle at once. Privite3a is g:ven to prepay th~s note in whole or in part at a~y time •hithoul penalty. fVeither forebearonte, ;
nor acceptar.ce .y the ho!drr thereof a(rer any default in any payments Ferron, shal! be dee~ied extension. A iate paymrnt tharye of S7' 25- shall be }
add~d ~o e~ch inztalim.ent rem~ining unpa;d 7 days aiter its due cijte, and a like sut~i s`~a~! be addec! to eau~ fvch installment temaining unp3id 7 day3 after f
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= each su:ceed:ng payment date. ~ ~ . ~
' Each maker, s•~rety and eridorser herEOf, ~~intly and severally, ~~•a~ves dem~r,d, presentment p,'atett and notite of protest for nanpaymznt, and fvrthet 3
ag;ees ~a a~~y eatcns~on of ti~r.v af payme:~t, eith<r h_f~rc ur after ~nalue:ty, ~vithouF nci~ce to an~ oi us; and to pay all casts of co;leclion, incl~d:ng a-
reazonab!e attor~ey's (ee in the event of ant d.fault hcreunder, ar.d hereby sc~•eratly waives a~l ber.efit of homestead end exempl;on under the coniti!ution ~
a~d la~vs of each Statc of the U(:ITGCJ STJfe1: 35 ~~'-~~st this oL!:gat~on or any extension cr rcncv~a{ hereof. ;
Wi;ness the hand and seal of ea~h party. "
_ - S/ Jan~es J. LeQlanc ~ (SEAI)
, - _ . _ ~ a sin~Ze adult (SEAL)
- . (S'tAl)
$ 24 . 60 - - ~ cs~~~
' ( Sta~e Re.•enue - - -
(~iXr~SX~?Cdf3A~Ct'Kol(!~?~X,~l7~2f - . ,
NO'N, THEREFORE, the MtORTGAGOR fer the p~~rp.~te of sec~~ring flayment of sa~d v~m of S 1~~ 4O~ ~ and the perFormance of the ~
covenants and agreen:ents iierein~fter exnressed, and ior divers good ar.d v~luab!e consi•~erallons, by thesa present~, dces grant, bargain, selt, remise,
rete:.•e, convey ar.d canfirm unto the :SORTGAGfE, i~s wccessors and as>ig~s, a;i tha~ c.=tain lot, p;ece w parcet of land, sitvate, lying, and being i~~ the- t
, Coonty of _ Jt . Lucie and State of Fbrid~, described as follows: ~ ~
Apartment No. 202, Eiuildi~c3 III, of ISLAND f~OUSE CaNllOI+~INIt,TfS, P~iASE I,
~ accordiny to tli~ Declaration of Cpndominium and all exhibi~ts thereto dated -
_ May 1973, recorded May ~9, 1973 in Official Records Book 214, pages
1~58-1933, of the public re~ord5 of St. Lucie County, Florida, together
with all of its appurtenances according to_said neclaration of Condominium
and all exhibits thereto and toget}:er with all teriem~nts and hereditar~ents _
thereto belonging or in ~nywise appertaining to said apartment. " `
: . . ~ ~f/S- 7'~~v- 403~'-OG~D~~
SUBJECT to the terms, covenants, agreement~, obligations and provisions of
said Declaration of Condominium and all ext~ibits thereto cvhich the Martgagor
in all things does covenant _to Mortgagee faithfully to observe and perform, ~
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N v TA~ ~ L G F~ t C1 f~ ~ RECEIVED '~O IN PAYMENT OF TAXES ~
~y m CJ~Ci.1N~E:`{'TARY,; ST1~N~P ~l-. f--~ DUE ON CIAS~'C' IKTMtGIB1E PER~yAI PROPERfY~ -
- - x t:Er'7. ~F~P~~'E~~j~ - PURSUANT TO CHAPTER 71•1~4, ACTS OF 1lil, rnl~
' - , ~~~4~-` ~ - ~ R06fR PO;iRA6
m - FB.? ' ' ='t' , ~ ~ ~ 6 ~ CLERK CIRCUIT COURT~ ST. ltJCiE (:0, FtA. .
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. together w+th sll and :ingular the tenrmenrs, hr.ed~taments and appvrtances thereunto belongi^g or in anywise appertaining thereto, and a!I rents, is~ves, ;
proczeds and profits aaruing and to accrue from said premises, all of which are i~cluded in the above and foregeing description and habendum. ~
~ TO HAVE AND t~ !{:~1~] the above described and grented prem~ses unto the aaid MORTGAGEE, its successors and assigns forever. Md the said i
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` t1~ORTG,4fiOR for ~eirs, exetutors, administrators and assigr.s, hereby covenants with. the said /~ORTGAGfE; its svtcessors and aitigns, ~
F~ tlle are -
- ~ thdt y------- ta•Nfully se~zed of th~ said premises ~n fee simple; that the same are free, clear ano d+scharged from all liens and encurr ~
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- brances in law or in equity, and lhat t~__ will ar.d their. _ hoir~ shr.Il warrant and defend the tiNe to ffie :ame to Ihe said ~
~ MORTGAGEE, ets sv:cessors ancJ asstgns, fererer agains~ the lawfut claims and demar•ds of all persons;
PROVIDEU, f.fY~AYS rhat if the h102TGAGOR shall pay unto the MORTGAGEE the_promissory note he~einbefore described and snall truly, promptly
and fvlly perfe,cm, d:schar3e, eaecuse. comp!el2, compiy with ar.d abide by each and every the stipulaticns, agreements, conditions and cover.ants of aaid
prom,ssary note ar.d of th~s JAortgage, then th~s !do•tgage ar.d the Estate_hereby c~eated shatl cease and be null and vaid. _ _ bo~+
' li IS UNDERSTOOD thaf th~ :verd "Mortgagor" whetner in !he s~ngu!ar or plural anywhere in this Mwtyage, shali be singolar if or.e only ard ~~V
shall bc plural jointly and se~erofly if. more than .M. and that the -.vord '9heir" as utad anywhere in this M~rtyage shbll be taken 1o mean "~~is;' °hers;'
or "+ts;' wherever the cantext so implies or admiss. Atso, that wherever therz is a reference i~ the covenants and agreements herein contained to.any of
the parties hereta, the same shall be construed to mean as well as the heirs, (egal rep~esentatives, successo!s and assigns (either vot~ntary by act of the
. parties or invotvitary by operation of the law) af the same and that the cavenants hereiR cor.tained ~hail bired and tfie benefifs and advantaga inure
to tF.e respective heirs, legal representatives, svccessors and ass-gns ot the par+.~es hereto. -
And said lvTortqagars, for themsetves a~:d their heirs, ?egal represen?afives, successcrs and nssigns, hereby jointly and severally tovenant and sg:ee ~
- to a~d wi!F. the said MORTGAGEE, its sutcessars and assigns: . -
~ 1. To pay all and singular Ihc principal and interait and the various and se,ndry surcs rf mo~ey payabte t,y v+rtue of'said promiswry note, and this w~
= mortgage, each and every, promplly on the days respectivety the same severally become due. ~ _ _ ~ ~
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r 2: To pay aiI and s~ny~lar the taxes, assessrr,ents, levies, liabilities: obtigations and enc~mbrances of every nature a:id kind nOw en said desuiE,ed
~ property, or that h~reafter may _be imposed, suffered, plated, Icvied, or auessed therea~, or that hc~rafte? may be levied or assased vpon this Mort9-
age, or the indeEsedness se;ured hereby, each and every, when due and payable, acsotding to law, before they be~ame delinquent, and befere a~~y interest
attaches or any penaft~ is incurred; AND INSOFAR AS HNY THEREOF IS OF RECORD THE SAhAE SHAtI SE PROMFTLY SATISFIEO A'JD D~SCHARGED OF
~ RK~RD At`D THE ORIG:F~AI OFFICIAL OOCUMENT (SUCH A~, fOR INSTANCE, THE TAX RECEIPT OR THE SRTISFACTION PAPER OfFtCIAILY fNDORSED
~ OR CERTIFIED; SHP.tI BE PLACED IN THE NA~~DS OF SAIO MORiGAGEE Y~ITHIN TEN DAYS NcXT AfTE?2 PAYI.IENT; and in the event that any thereof is ~ol
~ paid_ sa±'sFied and dfschargea sa"d ~.50RTGAGEE may a~ any time pay the same or any parl Ihereof withovt waiving o~ affectirg any e~!ion, lien, equity or
- ~~qht ~nder or by virtue of Ihis mortgage and tFe full amount o( each ar.:~ every s~ch payment shail be immetiiately due and payable and shall bear interest
~rom tFe date thereeF vntif paid at rale cf ntr.e per cent~m par annvm and together w~rh such interest shatl be secured by the litn of th`.s morgtage.