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Home My WebLink About1940 R~~~~~R~ . ~ , TNiS INDENIURE, h5ade ~t,e~ 16th djy of r~~Y___~~-.r--_--.-------., A_~• 19?5 . bchveen Earl V: Armstronc~ III and Ke,th].eer1 .A~ stronc~~__his wife ~ . - - - : . St Luc ie of • - , Caunly Florida, hereinafter desiyn~+ed as the "L10RTGAGOP," and FIRSf fEDERAI SAVINGS nN0 tOAN : ASSOGATION OF FORT PIERCE, e<orporat~or, o~~an~zed and exis~ing under the la~.vs of Iha United Stat~s ~f Amerita and having its principal placa of - bu~iness in ~ho City of Fo~t Pierce. SI. lucio County, florida, hereinafter desi9nated as Ih~ "MORIGAGEE." 1A'HEREAS the h10RTGAGO~ is ivslly inde6ted to tha MORiGAGEE in t1re s~~n~ ~r s_351100.~~__^__ ~nd laws ~l moncy oi the United ~ States advanced by the lAORTGAGEE unto tha MOk(GAGOR, as evider.ced by a c~na~n ~,ro:nissory note uf ev~n date here~vith, of wl~:ch Ihe io~lo•xing. in words and figures is a t~ue copy, to•wit: - s 35 L100.00 ~o ~C?021349 _ ~ Fort ?icrce, florida, M~.y 16 1975 Fo~ vafue receiveJ. I, ..e or ciiher of us. Fromi3e ~o pay, ~vithoul defa!ca~ion, to t1:c ordcr oi fIR51 iECERAI SAVItvGS AND IOAN ASSOCIATION OF FORT PIERCE at Fcrt Piarce, Horida, tt~e s~~ n of 5_35! ~00•~~_ .•;ni, e:1tCIG5~ trom date at Ihe rate of _8 _.7`r,~o per ann~ n, in monthly install- men~s as i~~{'o~.vs: ~ 2a9 .OO _ cn th~, __?~thday of `~~e 19 . 75._ and a l~ke sum en the correspo~ding day of each moNh there- i ahcr uruil ti~e ~vholc bc fully paid. • - ~ Each instal!men! firsl ~hall be appfied in payment o( Ihe inrresl and tLen c.~ the uopa~d balance of tt:e prir,upal sum. If defa~h is made in the i paymunt of any :mta!!ment when due, and wch c!_-(a~lt con~inues 30 days, then at tha ~ption af the holder, and without any other notice, all th< remaining insialf:r,ents ~hail be dve and pay.~6!e at once. Privilege is give~ to prepay this note in v~ho!c or in parl at any timr. without penalty. Neithe~ forebearance, _ nor acceplancr. by the h~lder thereof atler any dofau:t in any payments hereon, shsU be de~~rned extens~o~~. A late payment tharge of $_14. 45 shall be ~ added to each irs:alln:ent resti3in:ny unpa;d 7 days after its duz djte, and a id.e svm_ sha11 be ad~ed to ca.h wth installment remainin~ unpaid 7 days affe~ 5 each svtceeding payment date. _ _ • - Each maker, svrety and endorsen c~reof, jointly and severally, •xa~~•es de~nand, presenhr,ent protest and notice of prolest for nonpayment, and further agrees to any eatens:a~ of iin:e of paymenl, cither b^fore ar after maturity. ~vithoc~t n~tice to any of us; and to pay all cests of collection, indud~ng a rrazoc~ab!e attorney's fee in th_ e~:ent of any ciefau'~ hereunder, and he~eby s~rer~liy ~vaives al1 benefit of homestead and exemption under the eonstitulion and la•.vs of each S~at~ of ti~e U~7~tECI STdtPS, 33 a~~~~st Ihis obt~gs:ion or any eatens~cn er rene~val he:eof. \'~itness the han! and seal of each pjrty. ' ! ~ ~ • . ~ • , ~ • s/Earl V . Armstrong I II (SEAL) . • . - ~ ~SEAL) . _ _slKathleen Armstrong (SEAL) fi 52 65 - - - cs~~) - ( • State Revenue • (Sta+cfpr eenct~f~d oR e:+yi+,el nofs) t~OW, THEP.EPORE: fhe MORTGAGUR for rhe purpose of securi~g payment of sa~d sum of S 35, 1~0.~0 , and the performance of the , covenants and agreements here~na(ter cxpres>ed, and for divero good an:l va~uable cons~darations, by these presents, dces grant, bargain, sell, remise, release, convey and conf~rm unto tha htQRTGAGEE, its succ~ssors and as~igns, a!1 tt~a~ certaln lot, piece o! parcel of land, situate, lying, and being in the Counly of St . LuCle _ , and State of Florida,_ d>scribed as followsc • Unit A- 8, LA fiNTRADA DfiL MAR, - a C.ondominium, according to the Declaration ~ of Condominium dated December 30; 1972, filed November 6, 1973 in Of~icial Records Book 22Q, page 1747, and re-recorded November 9, 1973 in Official Records Book - 220, page 2192, of the public records of S2. Lucie County, Florida, together ~rith all of it~ appurtenances according to the Declaration.~ . ~ 5~-~/ -5~c~ G100~~ doo~C~ Subject to the terms, covenants, agreements, obligatians and provisi~ns of said - Declaration af Condominium which mortgagor in all things does covenant to m~rtgagee faithfully to observe and per~orm. ~ ~ ~ ~ - F a F~ ~ t~ ~ - _ i Ufr1ENTA4~v~•__=-S~AMP ~i~? ~ . r. [1J _ ` z.,~ 7 ` ~ G} ' ~ U 4•~ M . C>CI''i.-vY`L.G~~_i~C} ~ ~L' ~ 'A:; . . . ~ s~~r,~~.. r C CJ - RECE(YED S IN PAYEIENT OF TAXES ~f= _ i°;'i; J V DUE Ot~ CtASS'C' INTAHGIBLE PE~~~iAl PROPERiY~ ~ ra ,P,B. - - . - . ^ t~~' j PURSUANT TO CHAPTEP. 71-134, ACTS QF 191L = - ~ - • ~~E o , . ~R~ ~ CL.ERK CIRCl11T COURT~ Si. 6l1CIc CO,r FLl1, togetFer w~th aH and sinqular the tenemerits, t-~ced~tamenta and appurtancei thereunto be!onging or in anywise appertaining thereto, rnd aU tents, issues, 4. proceeds and profts accruing and !o acuue from saici premises, all of which are induded in the above a~~d foregoir.g d>script:or, and habendum. ` TO HAVE AND TO HOLD the above d>scr~6ed and granted premises unto the said MORTGAGEE, its successors and assigns forever. And tha said th~ir lhORTGAGOR for heirs; execu:ors, administrators and assigns, hereby covenants with the said MORTGAGEE, its s~tcessors and astigni, ~hat _ th@~ are _;~•~,f~~~Y se~zed of the said premises in fee simple; that the aame are free, c!ear and discharged irom all lient and encum- brences in la•~v or in equity, and that they ~.ill and t~'lell - heirs shall wartanl and defend the tirle to the same to ihe 3aid \'.ORTGAGEE, its sutcessers and assigns, forever_against the lawful daims and demands of all peraons; - PROVIDfD, AL:YAYS that if ;he hIORTGAGOR <_hall pay unto the MORTGAGEE the promissay note hereinbefore desvited and sfiall tr~ly, promptly I` and fulty perform, d:scharga, execute, comp!ete, comply •xish and ab~de by ezch and_every the stipulations, agreements, conditiona and covenants of said oromissory note a~d of this Moftgage, ahen this ll~ortgage and the Estate hereby created shall cease and be null and void_ ~ - IT IS UNDERSTC~JD that the word "Mortgagor" whether in :he sin~ular or plvral anywhere in this Mortgage, shall be singular if or.e onty and ~~C _ shall be plural jointly and severally if more than one, and that the word "th~~r" as used anywhere in this Mortgage shall be taken to mean "his;' "hers," O ~ or "its," v~herever the canlext so implies or admlts. Also, that wherever there is a referente in the covenanrs and agreemenh herein contair.ed 1o any of I' !he pariies hereto, !he same sha;l be_construed to mean as well as the heirs, legal reprosenltfives, svtcessors and assi9n~ (either volvntary by att of the ~ : partits or involu~tary by operation of the law) of the same and that ~he covenants herein contained shall_ bind and the benefits and advantages inure ~ ; to the respective heirs, leg_al representatives, successors and ass'gns of the parti~s hereto. And said 1~lort a ors, for thenselvei and their heirs, le al ~e resentatives, successors and assi ns, hereb ointl and severatl covenant and a ree 9 9 9 P 9 Y 1 Y Y 9 - to and with she said MORTGAGEE, its successors and_ assigns: ~ 1. Ta pay al! and singular the principal and interest and the variovs and sundry svms of money payabte by virtue of said promiswry note, 6nd thit ~ mortgage, each and every, promptly on the days respectiveiy the same severally becom= due. ~ 2_ ?o pay al! and singular the taxes, assessmen~s, levies, liabilities, obligations and encumbrarues of every nature and kind now on ~aid deuribed property, or that. hereafter may be imposed, s~ffered, p!ated, levied, or assessad thereon, or that hereafler may be levied or assesfsd vpon fhis Mor1g- ' - age, w the irtdebtedness secured hereby, each and every, when dve and payable, according to law, before they become delinqveni, and before any int~reit . attaches or any penatty is incurred; AtvD INSOfAR AS ANY THEREOF IS OF-RKORD THE SAME SHA!l SE PROMPTLY SATISF~ED AND DISCHARGED OF RECORD AND THE ORIGIhAI OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAY RECEIPT OR THE SATISFACTION PAPER OFfIC1AltY ENDORSED OR CERT(FIED) SHAII BE PLACED IN THE HAtJO$ Of SAID MORTGAGEE Y~ITHIN 7EN DAYS NfXT AFTEit PAYMEkT; and in the evenl that any thereaf is not paid, sat'sfied and discharged sa:d 1.10RTGAGfE may at a~y time pay the same or any part thereof without waiving or affecting any oplio~, iien,. equity or _ •iGht vr.der o~ by virtue of this morlgege and the fu11 amount of each and eve?y wch payment shall be immediately d~e and payable and shall bear interest ~ trom tbe date thereof vntil paid at rate of n~ne per centum per annum and together w~th svch inlerest shall 6e secured by the lien of th's morgtaga L " - ~