HomeMy WebLinkAbout0230 ` ~ .
c.1~•'~,C,~r~7 .
t, THlS I~DENTURE. t.isde the-~ ~rd _ day o{ .______~•13.j! A.u. 19?
5~ bctween
- I.~mclon ltiTest t~ainr and Roberta n~ F~aiqh: his wine
. . , ~n ~ ` ~.x 'i'
p{ Si~. Lueie County Ftorida, heretna(ttr designeted as ihe`"MORTGAGOR,"-
and
FI4ST
FTEDERAI SAVINGS AND LOAN
ASSC?C~ATfON OF ~~ORT PIERCE, a corporalion organized and exitiiny unde~ Iha lav+s of the Un~ted Statas af America a~d havfng its principni place of
bueiness in the Cit~ ot Forf Pierce, St. lvcio Co~inty, Florida, hereinaher des~gnated as the "M110RTGAGfE.'
Y~HEREAS the h10RTGAGCR ts iu~t~y Indebted to 1he MORTGAGEE in tho sum of 548-~-~~~o , good and lawfc! mo~ey of tha Uni!ad
5!etes advcnced by iha h10RTGAGiE un?o ihe 1dORTGAGOR, as evide~ucd by b cerlain prumissory r.ote of evan dale herewith, oi whith ihe tollowing ln
words and figuros is a tr~e copy, to-wit: ~ ~
~48~ 50U.00 ~ . . No ~3000056
~ ' Fort Plerte, Florida, ~~a V 23 ~ ~y 7~
For yalue receivrd, I, we or eithar of us, prom~se to pay, vrithout defalcation, to the order of FtRST FERERAI SAVING$ AND LO~'+Pt ASS4CIATION Of
FORT PIERCE at Fort Pierce, fk~ida, Ihe svm of f~ 5QQ-e-Q~-_-.~ with in~erest frorn date a1 the rate o! .~aT~ Ner annum, in monthly instaH-
ments as follows: i3g9 ,00 _ o~ ~he ?~~h day of _~~l~v ~.:T, 19_7 ~ and a L'ke s~m an tha corresp~nd:ng day of each month there-
after until th: ~vho~e Lz f:;t~y paid. ' ~ '
Each installment first shall be ap;~lied in payment oF Ihe iroerest and the~ on the unpaid balance of the p:incipal svm. If default Js made In the
. payment of any iustaltmrn{ wh>_n due, and such dafault conlinue~ 30 days, the~ at the opt:on of the holder, and withovt aiy other notice, al! the rematning
, installments ~hatl bo d~a and payablo at once. Privi~ege is given to p~epay thii noto in whc!e or in patt at any 1~me wilhout penalt{. Nsither forebear~nce,
nor acceptance by the holder thereof after aqy defaull in any payments hereon, sh~ll be deemed extension. A late payment cherga of s.~~; thall be -
add:d to ezch installment remaining unpa;d 7 days after its dua date, and a iike sLm sha?I be added to each such initallnient remaining unpnid T day: ahet
each s~ :ceeJiny payment date. ~
. Each maker, surety and enciorser hereof, join~ly and severolly, wai~es demand, Nresentment protest and notice of protest for nonpaymeM, and fvrther •
agrecs to any eztension of timo o~ payment, eithe~ before or aiter mnturity, withaut noGce to any of us; and to pay all tosts of colleuion, irtcluding b
. reasonable attcrney's fee in the evzrt of any de!a~lt ixreunder, and 'nereby seve~ally waives all benefit of homestead and exnmption under the constitution
and laws_of each Stale of the tfrtited States, as against this o6ligation or any exte~sion or renewat h~reof. _ - :
1Nitness ihe ~iand and seat of each parey. •
~ ~ ~ . S/Ltmdon West I~aic~h (SEAy .
~ _ ~ (SEAL)
. S Rob rta D: }i~ic~h _
572.75 - . ~ ~ ` - . . (seAt~ ,
( a State Revenue • _ ' .
(5remps^car~~tie?3'on-ar~g~~~t rat~f - - .
NO~iI, THEREFORE, the 1AdRTGAGOR for tho pur,~ose nf securing payment of said svm of S~8~ ~n en~! ihe ptrformance of the
covenants and agreemeros hereinafter axpressed, and for di~•ers good end valuable consideraTions, by these Presen:r, does~ grant, bargain, sell, remiie,
re!ease, co~rey and confirm u~vo the MORTGAG~E, its tuccesso~s rnd assigns, afl that certain lot, pirce or par:el of land, fit~ate, lying, and being Fi the
Co~nty of S~ . LUG1@ an.-f Stete of Florida, described as follows: -
~ ~ - ^ ~ ~ao - ~a~"- ~'.+E~'~'y7 -
_3
Lot Rl~ck 460 ~ POPT S 1 ~ L,UGIE, SECTION ~ 2b,- a s per pla t recorded _
_ in P.iat Tiook 14~ Page 4~ of the Public Records of .St._ Luc~e County~ -
lorida, _ " _ ~ . -
- - , _ - -
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o ~ . c-r L~r_LPS' ~ •'t 33'~ ~ ~ ,
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G'"- ; Q~ 2 • ~ - RECEI~'ED ~Z ~ p~IN P~~yMENT QF TNiES
.c ~ c~ ' ~t:.. -
- ~ F+ ' DUE Oii CIASS 'C EHTANGiBI.E PERSOti~11. PRQPfRIY~
- ' • ~ r^l1RSUANT TO q3.3FiER 71•734, AC"iS OF 1971. ~
E - - ~ . ~ . HO~ER PO(IR115 ~n~
RO ~
" • _ ~ CIERK ClRCU(T COURT, S1. lUCtE CO., FLA
together wirh all ~nd s~ngutar the tenements, hera-~itament: and app~rtances thereunto befsx~ging w in a~ywise appertaining thereto, and all tents, iuuts, - ,
proceeds and profits accrvin9 and to accrue from said premises, all of which are included in the abpve and fweyoing description and habsndum. _
TO HAVE AND TO NOID the above dssuibed and granted premises unto the said MORTCaAGfE, its svccessora snd auigns foi~ver. 11nd th~ ssid
their
_ MORTGAGOR for heirs, execvtor:, administrators and assigns, hereby covenant: with the said HIORTGAGEE, iis successors ~nd aaiQr», -
• fhat ~QK are --'lawfutty seized af the said premises in fee s+mple; ihat the same are free, clear and dischargec! from sll Ikr?s and encvnr
' brances in law cr in equiry, and thst the~ wiU artd thQlr ~ he~rs ~haltwsrra~nt end defend the tide to the same fo if~e saW -
1f10P,TGAGEE, its succes:ors ar.d assigns, forevu against the lawful claims and demands of all prrsons; ~
PROV(DED, ALY~AYS that if the MORTGAC-0R shall pny vnto the MORTGAGfE the promissory note hereinbefore described ar.d ~hall tt~fy, prom~tly
_ arsd fvlly perform, d;scF:arge, execute, compieta, comply with and abide 6y each and every the :t+pvlations, sgreemenri, conditions a~d cov~nsnts of said
° promFs~ory nate and of this Mortgage, then this htiortgage and the Estate fiereby aested sh~li cease and be nvll and void. _ p
~p aD
IT i5 UNVERSTOOD that tfie word "Morty~gcr" whether in ~he singvlar or pl~ral anywi~ere in thi• lAortgsge, shsll b~ si~yvlar Ff one only a~d
sfiall be ptural ;aintly and uverally if more than one, ~nd that the vretd "their" as vsed anywhere in this M~rtgspe sMll be taken to mean "his;' "hers," ~
~ or "iri;' whe~ever tF.e conrext s~ impfies or admi~s. Also, that wherever there is a reference in the cove~anri srd a~reemenb herein tanttined to eny oi ~
E ihe partie~ hereto, the same shall be construed to meen bs well as the heirs, le3at rspres^ntativES, svtceuors and auigns (sither volvntary by act of th
parties or involurtTary by oprration oi the law) of the same a~d tfiat_ the covenaois hetein contsired shatl bind ar.d the btnefits strd adrsrts~es irwn
~ - to the reiptttiva F,eir?, legai reFreuntatives, wccessors an~ ass~yn: of thm parties heieto. ro
~ ~ And said Mortgegors, for themsetves and fhcir heirs, legal rep!essntsliyet, succeisors and iuifln~, Fiereby joFntly srtd sevenlly covenant and s~r~e ~
; to snd with the said MORTGAGEE, i!s svcceswn snd auignt: - - - - .
z ~ - ~ ~ ~ ~
~ - 1, To pay all and singular the principal and interest artd the varia~s and iundry svms of rr.oney payabte by virtve of said ~omiss;Ky note, and thea
morfgagr, sach and every, promptty on the dey: respecfiveiy the same severa!ly brurm due. ~
~ " 2. To pay a11 snd singvlar tht tazes, assessments, Isvits, iiabilitiei, obligsrions snd encvmbrarxes c+f avery naturt and kind now on said d~scrib~d
property, or th~t hereafta may be imposed, wffered, plated, levied, or Ssxssed thereon, or that hetsafter may be kv~ed or assessed upon M~is Mor1¢
~ge, w the indebtedrxss setvred hereby, e+ch and evcry, when due and payabie, xcording to law, befere- thry becoms delteqwent, sr~d be~t ~ny- ~r?t~rNt _
attaches or any penalty is 4r,r~r~ed; ANO INSOFAR AS ANY THEREOF !S Of RKORD THE SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGfD OF
RECORD AND THE OR~G113AL OffIC1At DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATiSFACTI4N PAPfR OFFICIAILY ENpORSfD
OR CERTif1ED) SNAII BE PLACED IN THE HANDS QF SAfD MORTGAGEE WIiHIN 1fN DAYS ?=?XT AFiER PAYMENT; srtd in the erent that s~y thtteof is not
paid, utsi:ed and dischargcd sa'~ MORTG.~GEE may at a~y time oay the iarrv_ or any par! thertof without waiving or sHtctin9 sny option, (ie~~, eq~ity or
sipM vnder or by virtve of this rrMrtgage and the fui! amovnt of esch aod evrry si:h payment shall be immedi~tely dua and payshle snd shatt bsar intarast -
~ram the date therecsf ~nlil psid at rate of n:ne per centvm per an.~vm and toaether with svch interest shsll be secured by the liea of th:s moryt~pe.