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HomeMy WebLinkAbout1159 . ~a.~ ~ ~s$ THIS INDENTURE, Alada 1he 5{h day of June y A.D. 19 ~5 , bet.~een Peter M. i.e~minc~and B` .__rg~t dA B. Let~m~1'tifl~is wife _~T~ ; _ of St . Lueie Counry Florida, hereinafter dtsi9ne1ecl as tha "A10RTGAGOR," and iti~ST FEDERAI SAVINGS AND IOAN ASSOClAT10N OF fORT ?IERCE, n corporation organ~aad ancj exisiing undei Ihe laws of the Jniied Slala~ of Amtric~ and havirtg itt prtncipa) plate of b~slness f~ the City of Forl Pierce, St. lucie Covnty, flo~ida, hereinafter dasigneted as Ihe "A50RTGAGEE." WHERfAS the MORTGAGOR i~ jvstiy indebtrd to Ihs A10RTGAGEE in tl~e s~~n of S_30~900.~ , 9~od and tawful moiey of tha United Stb~es advanced by the IAORTGAGEE unto ~he h10RTGAGUR, as evidencrd by a certa~n promtssory ~o~a of even date herewith, oi wh~ch the following ln words and figures is a ~ruc copy, lo-wit: ~ 30L900.00 No10021385 i Fr.t Pierce, f!orlda, . Juri@ 5 ~y 75 _ Fur valuz received, I, we or eithzr of us, pramisc to a• , vrithout deta!cat~on, to the order of FIRST FEDERAL SAVWGS ANU IOAN ASSOCIAiION OF FORT PIERtE at Forl Piercr, Elorida, Ihe svm of S 3O! 9~~~~------, wiit, interest from da?a at Ihe rata of 8• 7~o per ann~m, in ma.thly Install- me~ts as fof!oivs: S 2SS.00~__ p~ ~tiz ^2Othday of September,_ , ~9?'S and a like sum on the corresponding day of each month thece- afre~ uniil tna ~vhc,!n be :ully pa~d. Ea~h installment first snall be apF:iird in payment of the tNcrest and thrn on the u~pa~d balarce of the prindpal sum. If defau!f is made tn the . paymenl of any instal:ment when due, ard such d=fauh continuts 30 days, then at Ihe option of 1he holder, and without~any ether notice, all the ~emeining installments shall be dua and pjyab!e af once. Privi;e~e is givrn to p~epay thii note in whole ot in parl at any timc without p8i:alty. rleilhet forebearante, nor acceptance by the holder thereof after any default In any payments hereon, shall be deemed extension, A late payment charge of S~2 • 75 ~hall be added to each instrlunent remaining unpa;d ) day~ aftet its due date, and a like sum st~all be addcd to each such installmen; remaining unpaid 7 days sfter ~ each svcce.:ding payment da~e. ~ ~ ' Each maker, surety and endorser hereof, jointly and several(y, waives demard, presentme~~ pralest and notice of proteat for nonpayment, a~d forther agrees to any rxtension of tin,o of payment, _e~ther L-efore o~ after mitur~ty, withoW notlce to any of us; ane~ lo pay all costs of collection, including a _ reasonab~e attorn~y's fee in the event of any defaufr hereunde?, and hareby s:verally waives ail benefit of hornestead nnd exemplion under the constitution and la~vs oi each 5!ate of thc Unite~ States, ~s aga~nst t~is obligation or any exrension o~ renev~al hereof. - 'Nitness the hand and seal of each psrty. . ~ : ~ - , s/ Peter M. Leaming ~SEAi~ 'M~ ~ 7 ~t~i ! - ~ . cs~~~ - ~ ' • r _ - - _ . s/ Brenda S. Leaning (seay r 546.35 t _ . ` . . (s~?~~ ) Stale Rovenue . _ ) _ . r ~ - - - . ~ ` ' 30 900 00 NOW, THERFiORE, the h10RTGAGOR for the p~rpose of secvring paymen4 c{~sa~d svm of s + • , and the performance of the cove~ants and agreements here~na{ter exp~essed, and ior divers good and'valuab!e consideratiorts, -by these prcseNS, does gra~t, bargain, sell, remise, rele~se, so~vey and confirm unto the MORTGAGEE, ito successors and asiig~~s, aU that certain lot, plece or parcel of land, situate, lying, and being in the Covnty of St . L t~c ie and State of Florida, described as follwvs: - - ~ _ [ Lot 3, Block N, MARAVILLA ESTATES, a subdsvision according to the Plat thereof - recorded in Plat Book 8, page 77, of the Public Records of St. Lucie County, _ Floriaa, - . ~ , ~ya?I - 50lp -D3I~}--QOb~~ - . - '1`~ ~ 1 - . ~ ~-~R t c~. _ _ - ~'s~~-~ _ - - _ _ _--P,~ ~~.R~~# ~ r ~ ~•3~ ~ - . - _ - `r ~ ~O ~4'~ I~NV;,t ' e ' ~ ~ ' _ . ! - p~~'t' . ~ Z ~ : oZ - _ ~ , ~ . " . ' G r- Q. - ~:~G ~n . l \i:2 ~ c'. - - _ ~ _ - . - _ , " . - _ RECElYE6 t ~ 0 ~d !N PAYMENT OF TAXES _ " - Dl1E ON CiASS ~C t~iT,~18LE PERSOhL~L PROPERIY, ~ - PURStlAryT TO CIiAPTER 71-734, qCTS OF I9)I. ROGER PORRAS # • CLERK CIRCUfT COURT~ Si. lIfCIE ~p., F~ toge~ner with all and s~~ 3vlar fhe tenements,~ hereditaments and appurtances the:eunto belonging or in anywise appertatning thereto, and a11 rents, issuea, ptoceeds and profits accruing and to accrue Trom :aid premises, a!! of which are includtd in the abovs and foregoing description and habendum. TO H/~VE AND TO t~OID the above described and granted premises vnto the said MORTGAGEE, its wccessors ar~d assigns fiotever. And the sald ~ MORTGAGOR fw - thelr----- heirs, executors, administrators and assigns, hereby covenants with tF.e iaid MORTGAGEE, it~ s~cceuon and ~ai~ru, that they al@___ ~awfutly seized of tbe said premi:es in ~ee simple; that the fame are free; clear and dixharged from all liens ~nd ~ncum- ~ brances in law or in equity, a~d that 'th~''~ will ar.d thel= ~ heirs shall warranf and defend the titte to fhe s~me fo The s~id ~ - MORTGAGEE, its soccessors and assigns, foroder agai~st the lawf~l daims and demrnds of a!I persens; ` PItJVIDED, ALWAYS ihai if thc MORTGAGOR shall pay on?o the MORTGAGEE the promissory oote 6ereinbefwe described and shall truly, ;xomptty and futly perform, dischnrge, execute, comp+et~, tomply with and abide b~ each and every the ttipvlations, agreeriments, tonditions a~d covenants of faid pramissory note and of this Nbrtgage, thsn thia Mortgage and the Estate hereby ueated shall cease and bt nvll and void. - : IT IS UNUERSTOOt~ that the wo:d "Mortgagor" whetber in the ungular or plural anywhere in thi: Mortgage, sfia!I be singular if ona only and o~ shall be plvrnt jofr.lly ar.d severa!!y if mora thea one, and th.et the word "their° a~ osed anywhcrt in th~i Mortgsga iha11 be taken to mean "hit;' "hers," or "ets;' wberever the con~ext se i-nplies or adm~ts. Alw, thrt wfierever thzre is a reference in the covenanri snd agreementi herein coa~ained to any of ~ . the parties hereto, the same shafl be construed to mean ai well af tho heirs, legal represcntatives, svtcessori snd as:igni ;either voluntary by ad of tt~ parties or imotuntary Ey operation of. the law) of the same and that the covenants herein conteined shall bind and tfie berufits and edvantages Invrt Q~ to the respective heirs, legal ~rpresemat~ves, successo?s and asrgri of the parties hereto. _ - And iaid 1V~.ortgsgnn, for themseives end their heirs, lega! representatives, wccessori +nd a~tigns, hereby jointly ar:d severally tovena~yt_ and ayrse A to and with the saio MORTGAGEE, its svccesscrs and aasigns: _ c-~ - . 1. to pay all and singular the principal and interrst and tfie variova and sundry sums of moncy payable by vir~ue of said promitsory note, and this mortgagr, each and every, promptly on the days reapectively the same severally 6ecame due. . - ~ 2. to pay all and ~ingvlar the taxes, assrssments, levies, liabil9tiei, ebligations sn~ enc~mbrancea of every nature and kind now on said desaibed ~ E+raperty, or that hereafter may be impsted, suffered, plated, levied, or asserset3 therron, or tMt heresfter may bs levied o~ ~ssessed trpa~ thif Mort~ age, w the indebtedrtess secured hereby, each and every, when dve and payable,_ according to Iaw, befwe they becarx del9nquent, snd befare sey interest attaches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECO?D THE SAME SHAIL BE PR~MPTLY SATISFIED AN~ OISCHARGED CF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTAtvCE, T~IE TAX RECEIPT OR-THE SATISFAC110N PP3~ER OFfICIALIY ENDORSfD _ OR CfRTIfIED) SNALI BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in ihe evsnt that sny thereof is not paid, sat'sfied and dischargtd s~Cd MORTGlSGEE mny at any time pay the same or any pa?t thercof without waiving ot affecting any optior?, 1'Kn, equiry c,r _ .iqht under or by virtue of this mortga~e and the futl arr,avnt oF each and every svch payment shall tx immediately due an~ payabte and shall besr interest from tFie date thereof vntil pa;d at rate of n~ne pe: centum pe~ ann~m and logelher with svch intereit fhall be secured by the IiM of th:s mOrpt~e. .