HomeMy WebLinkAbout1524 _ ~ V c7 iI f ~ ,
14t~1 hi81 . • • A.a. 19?J-. belween
THIS INDENTURE, hlade Ihe~~_ day of A_-~~-=t----:.---~-- ~ - -
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.Don .B. Nein?an^And Patricia__M _N~~~t~~.~yxi~ - -
of __~_~~~__I.11G~S.---, Co~nty Fiorida, hereinafler desi~nated as ths "MORTGAGOR," and FIRST FEDERAL SAVINGS ANp IOAN
ASSOCIATION OF FORT PIERCE, a corporation ore~an'ized end ezis~ing under fha laws of Ihe United StatQS of Amerita and havinc~ iis printipal place of
busineis in ihe City of Forl Pie~ce, 51. lvcie Cuunty, FlCrida, hereinafter designa~ed as tho "MORTGAGEE." ~
V.'HEREAS Ihe '~JRiGAGOR is justly indabted to the h10RiGAGEE in 11~: su~~; of S- 3~~~Q~ ~ guod and ta~vful mone~ of Ihe U~:ited
States advanced by ~ria ,tilORTGAGEE un~o tha h~ORTGAGOR, as avidenced by a cer~o~n promissory nole ot even dat~ herewith, of whith Ihe following ln ~
words and figures is a uua copy, to-~~il:
S 32~~Q0~~0 _ - ho 10~21345 - (
- . Fort Pierce, Florida, ~Y- 14 Q~- ~
For value received, 1, we or eiiher of us, prom~se fo pay, witheut defalca~i.~:~, to thz order of FIRST fE~ERAI SAVINGS AND l^AN ASSO:.IATirJN OF ~
i0^nT FIERCE at forf Pierte, F!orida. thc svm of T_.321~~~~~-~_ v+~~th i•~terest from date at the rate of 9~~ oio per annum, in murdhly install• ~
~ 2b9.00 " 20th June ?5 ~
r:enrs a~ fu:!u.vs: 5---_~~_-_. on tha day of 19_--_ and a like svm on the correspond~ng day o4 each month there- ~
afler entrl tl:~~ •.~ho:e be f~lly Naid. '
Each insrallment ?fn1 shall be applied in paymEnt of the i~terest and tl:en on the unpaid balance of t~~e princ;pal wm. H default is made in the ~
pa;~~,ent of an; insfa:lme»t ~rhen due, ard such d~fault continues 30 days, then at the option of the holde~, and without any other no~~ce, all the remaininc~ ~
~nsralln;ants shail be d,,c and payab'c at cnce. Privilege is given to prepay lhis note in whota or in part at 3ny tim;i w~theul penalty. Neither forebearanta, =
nor aueptance by ~t,e ho?.1er thereof after any dafaull io any pnyments hereon, shall be decmed exlension. A tate payment charge of S 13 ~'4S, shal) !~c ~
~ acici_d ro cz.t, ;:~sr,~:n,cni ren,ai~~na ~n},3;d 'J jays after its due date, and a like sum shall be added to ejch svch inslallment remaining unpaid 7 days aher ~
each succ.~edin9 F~ayrr:er~ d~ta. , ~ . _ ' . _ ~ ;
E:ch ~»a::er, sur.ry and endorier herzof, joiMly and severally, r:aives demnnd, Exesentment protest and notica of prot~si for nonpaym:nl, and fu~ther ;
agrees ro any en!rnS~on of t;n:e ef paymenl, e~tF~er b:fore cr after maturi~y, witnout noti;e ~o any ~ of us; and io pay all eosts of col;ection, includ~~g a f
reazo:~sb'c a~to~~;_y's fee ~n the event of any dafau;t t~ereunJrr, andhereby severally waives a~l benefit of homestead and exemption under the conatitution
and ~a.v, oi ea;i~ Srate of the U~~ited Stafes, as sg3inst this o6tigation or any' exte~sion or renewal herecf.
:'l~tneis thc hand and seal of each ~arry. . - ~
__t . . ~ . ~ , . . ~ 3~l}Ori B~ N@~.10d1"1 (SEAL)
~ (SfA4) '
s/Patricia M,' Neiman (SEAI)
. ~ - (SEAL)
---~4$ * 00_----> ;t~t~ Rc~•cnue - . . ' -
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~aHIDj~i.F.itiii~ii~4Lai4i~Di~~Gi~~ ' . ~
32 000 00 ~
t~0':1. THERFEORE, th~ '.10RTGAGOR fcr ~he purpose of sec~ring payment oF sa~d sum of ; ! • , and the perfotmance of the
. r.ovenant: a~~d agiea:~;c:~t~ here;naiter e:pressed, and for divers good and vatvabte considerations, by these presents, dces grant, bargain, se11, remise,
re~rase, conv:y ar.d conf~r~n unto ih~ N.ORTGAGEE, its svccessors and assigns, a1~ that certain lot, piece or partel of land, situaTe, lying, and being in the
CouMy of _~$t_~ Lt1Cle ~and State of Florida, described es follows: •
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Lot~ 9 and 10~ Block 16~ PINBWOOD SUBDIVI5ION, according to the plat thereof on file, `
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in Plat Book S, Page 24, Public Records of St. Lucie County~ Flor~da~' ~
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together with alt an~ :ingular the tenarnents, hered+tarr.ents and appurtances thereun!o belonging or i.^. anywise appertaining thereto, and all rents, iss~es, i
pretceds and pro(its aaruing and to acuue irem said premises, at! of which are included in the above and foregoing destription and habendvm. . ~
Tp HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its sutcessora and assigns forever. And the faid - .
MOR:GAGOR fo- ---the~Y h>irs, executurs, administrators and assic~ns, hereby covenants with tha said hiORTGAGEE, its successo?s and ai:iyns,
that ~he-Y are--- lawfully seized of the said premises in fee sEmple; that the same are frec, clear and distF?arged itom all liens and entum-
bra~ces in law or in equity, and tfiat they _wifl and thelY heirs shall warrant and defend the titte to the :ame to the isid _
MORTGAGEE, its successors and assigns, forever ngainst ~he lawful daims and demands of all pers~ns;
PROViDED, Al~1iAYS tha? if the MORiGAGOR sha!i pay vnto ihe MORTGAGEE the promisscry nole herrinbefore described and sh~l1 truly, promptly -
and fully perform, d~xharge, execute, complete, camQly with and ab~de by each and every the stipulations, agreenenis, conditions and covenanb of faid
promissory nate arxi oS this Mortgage, then this Nlortgage and the Estate hereby ueated shall tease and bc nutl and void.
- 11 IS UNDERSTOOQ ihat the ~vord °Fhorlgagar' wfielher in tl:e singular or plurat anywhere in this Martgage, shaU be singular if one only and ~
shall be pl~rai joint2y and severafly if more tha~ o~e, and tfiat the wwd "~he~r" as used anywfiere in tfiis lJtortgage sl?all be taken to mean "his;' "hen," oo -
or "its;' wherever the context so impfies or admils. Also, that wherever there is a referertce in the covenanls and agreemenss herein contained fo a~y of
the parties herefo, the same sha~{ be construed to mean as vvell as fhe heirs, legnl representatives, tutcessors and assigns (either voluntary by att of the
Farties or involuntary by operation of the law) of the eerne and that the covenants herein containcd sfiall bind and the benefits and advanisges inure ~
to the rospective heirs, legal representatives, svccesson and asrgns of the parties hereto. ' :
~ And said Mo:tgagors, fw themselves and fheir heirs, legal representatives, socce:sors and assigns, hereby jointly and severally cc,venant artd agree ~
to and with the said MORTGAGEE, it} svccessors and assigns: - _ • y
1. To pay all and singular the principal and interest and the varioot and sundry sums of money payabte by virtoe of seid promitsory note, and this ~
morlga~e, each and every, promptly on ihe days respedively tFw same sevetatly become dua t,.y
2. ?o pay s1i and ~ingular the taxes, asse;sments,-leviss, liabili:ies, oNigations ar.d entvmbrancss of every nature a~xi kind now on said destribed ~
- property, or that hereafter may 5e imposed, suife~ed, placed, levied, or assessed thereon, a that hereaftar may be levied w assessed upon tFis Mor1Q- ~
age, or the indebtedness secured hereby, each and every, when due ar~d payable, according to law, beforc thcy become delinquent, and before any interal
' attathes a any penalty is incurred; AND INSOFAft AS ANY THERECf IS OF RE~ORD THE SAME SHAII BE PROMPTLY SATISf1ED AND 015CHAR6ED Of
RECORD AND THE ORIG1NAl OFFICIAL DOCt;/~1ENT (SUCH A5, FOR INSTANCE, iHE TAX RECEtPT OR THE SATISfACTION PAPER OFFICIALIY ENDORSED
OR CERTIFIED) SHAII BE PLACfD tN THE HANDS OE SAID MORTGAGEE Y~ITHIN TEN DAYS NEX? AFTER PAYMEN?; and in ihe event that any thereof it not
paid, sat'sfied and discharged sa'd ~hORTGA~EE may a! any time pay the same or any part thereo6 without waiving or affecting any optian, lien, eqv~ty or _
.iqht vnder or by virtue of th;s mortgage and fhe f~~ll amount of each and every s~ch payment shall be immediately ave and payable and shall besr intereir
f~om the date thereof ~ntil pzid at ratr of n~ne per centvm per annum and togefher w~th such interest shall be secured by the lien of th:s motgeage. -
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