HomeMy WebLinkAbout1163 3098~ ~
THIS INDENiURE. Made the 1Qth _ day of - ;'?~P~• 19 ~ Ei0~Q0^
_ ~~ir F~well Construct~on.s.~up~11y~ ~'lqrida r_~~rat~~~
of St _ f_~tG~L,-. , County Florida, hereinat~ar de:ig~a~ed as tha "MORTGAGOR," and FIRST FEDERAI SAVItvGS ANU IOAN
ASSOCIATlON OF FORi PIER~E, a corporat~on organized end aziiting under Iha laws of the United 5latai of Americe and hevina it~ p~incipal place of
bu:i~es• tn Iha City of For1 Pierce, St. lvcie Covnty, Ft~rida, hereinafte~ de~ignated a• Ihe "MORTGAGEE:'
WHEREAS Ihe MORTGAGOR ii j~etly indabted to the MORTGAGEE in 1he sum ef S~ , qood and lawful m.oney al the United
States advtnced by tho MORTGAVEE unto Iha MORTGAGOR, as evidencad by a terta:n promissory note of evan daie herewith, of wh~ch the (ollowing in
words and tigurei is a irue copy, to-wit:
~ . No ~ ~!(1Q(1(~A9
fort Pierce, Fla~da, ,~u.Y ~ 9 ~9~.--
fw value received, I, ~va or either of ~s, ptemisz lo pay, withoul defatcat~on, to ths order of FIRST FEDERAL $AVINGS ANC [pAN ASSOCIATIOht OF -
fORT PIERCE at Fort Pierce, Florida, the sum oi i32r80(1.OU _ v~~~h inlerest from date at the rate of~a2~2% pe~ ann~m, ln menlhly insta~l-
ments a: follows: Q~Q.aQ~ on the 2Oth day of S t 19 and a like sum oo tha co~respor.d~ng day of each month there-
sfter vntit Ihe whole be fufly paid.
Each instaltment fir~t shall ba appiiad in payment of 1he interest tnd then on tha unpaid balance of Ihe princ~pal sum. If default is made in the
payment of any installme:~l when due, and such d~:faull cominues 30 days, then at Ihe op~ion ot the ho~der, a~d wilhout any other notico, all the rem~i~ing
instaflments shalt be Jue and payab!e at once. i'rivilege is give~ to prepay Ihis note in whole or in part at any tima wi~hout penally. Neilher twebesrancs,
nor acceptance by thr hotder tfiereof af~er any default in any Fayments hereon, sha~l be deemed extension. A late payment charge of = 1 • 0, thall be •
- added 1o each instaNmenr ~einaini:.g vnpa~d 7 day~ after its due dale, and e lika su~n sF.all be added to each such i~stallment remaining u~paid 7 dayi atte:
each sucteeding pavment date. .
Each mnker, svrery and endorser hereof, (ointly and several~y, waives demano, presentrnent protest and ~otice of protest fo? ~onpayment, and further .
ag?ees to any ezteasion of time of payment, either before or atter maturiry, withoul notice to any of us; and to pay all wsts of tollection, induding s
teasonable attorncy's fee in Ihe evrnt of any default hertunder, a~d hereby severally waives all benelit of homestead and exemptio~ under the constitulion
and laws of each 5tate of the United States, as against this obligation or any extension or renewat hereof.
Witness the hand and seal of each party. - _ ~
i - ' ~air R• Powell C~nafr»~tinn r~ ny ,
~ Corporate seal a~'~'ixed ~ ~
~ $fJa*~es A P'n1~v Prucirlant (SEAI)
_ . '1t1 M ~ '7 ~ !t ; ~ , ~ - _ cs~?~~
. .
! ~ fid9 .2~ ~a State Revenue . , ~ • ~ ~ (S~ _ _ .
, .(SaaQ,pa. waralled ~a origicul.not~ ~ ~ . r. , _ ; - .
~ . • ~ • .
NO'~lV, THEREFORE, the MORTGAGOR for the purpqy~~of~secvring~payment~of said svm oi ~3~(1-.QD , and the perforn.ance of the
' covenants and agreemenis. hereina(ter expressed, and for 9diZOrs good and v~luabte considerations, by fheu presents, does gront, barpain, xll, remise,
R release, convey and confirm unto the h10RTGAGEE, its :uccessors and assi9~s, all that certain lot, piece or parcel of land, iitvat~, lying, and being in the
~ and Slate of florida, describad ai follows: ; -
F Covnty of - $t L-L1Cle
~
~ _ _ -
~ Lot Q~ Plock 3~ SUNRISE 1!Ot•tESITES SUSDI~~ISION, as per plat recorded
F ~ -
in Plat Roak 13~ Page 14, of the Public Records of St..Lucie
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~ county, rlorida, _ ~s~/a~'j- 70a?- D0~3 DDO/8
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y
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K r , . .:'J 1 j ~ ~ ~ ` ~ ~ . Q
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!?,r~r.~-:.--~-------~ RECEiYED " ~ ~ . 1N PAYNIEH7 OF TN(~S
; - ~ ~ . . . . . . . . ' DUE OH ~ASS 'C' INTAt~i8lE PERSONRI. PROPERN~
: . . ~ . . . . _ - - PURSIiRttT TA C
~ER~7 ~3~L~
TS OF 1971.~~ ,
{ . ~
- ~ pFRI( CIFcCUIT COURT, ST. ~UCIE Cd~ E'
;
's _
~ together wilh all »nd singular the tenemtnts, hereditamenTs and appurtanccs thereunto belongi~g w tn any~~rise appertaininy thtreto, and a11 re~it~, issue~, ~
~ procee~s and profits acuuing and io actroe from said premises, all of which are imluded in the above and foregoing deuripNon and habendvm.
_ TO 1i4VE AND TO HOLD the above desuibed and granted premises unto the said MORTGAGEE, its suscessors and aiseyns forevef. And tM said
MORTGAGOR (or -Z~ S- heirs, exet~fots, aomir.isiratort acd assigns, hereby covenants with the sald MORTGAGEE, its suttessora snd sssi9ru, -
~ that Iavsfufly seized of the said premises in fce simpte; the~ the samr sre free, tlesr snd dixharged from al) lisr~ and ~ncvm- ~
~ bronces in law or in equity, a~d that~t -wifl and 1~~ - hein shall warrant end defend ths title to the s+me to the iald
~ ~ MORTGAGEE, its wccessars and assigns, fortver against tha lawful claims and demandt of all perfons; _ _ _ -
~ PROVIDED, AIY~AYS that if the MORTGAGOR sha!1 pay unte the MORTGAGEE the promiuoty note herainbefore described and shall froty, promptly
~ ~ and fulfy ptrform, d;schar~e, execute, ccsmpitte, comply with and abide by each.and every the etipvtations, apreements, conditiMS aad covenant~ of said ~
- promisswy note and of ihis Morlgage, then )h~s Mortgac~e and the Estate hereby created thall ceaae and be null and void. -
~ _
~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plurol anywhere fn this Mortgage, shall be sinqular if one only snd '
shall be-pivral jointly end uvera!ly if more than one, and that the word "their" as osed snywhare in this Mortyage sfiafl be takc~n to mean "his," "hen," ~
or "its;' wherevee the context so implies or bdmits. Also, ttat wherever there is a reference in the covenanfs and agreements herein tontained to ~ny of
~ the pa»ies Fxreto, the ssme shat! be construed to mean as well ai the heirs, legsl repr~sentatives, sutcessors and aui9ns (etthet voluntary by acf of the ~
parties or involuntary by ope?stion of~ 1he law) of the same and that the covenants herein con!ained sbsll bind and the benefit~ •nd adVaMS~et irwr~ ~
~ to the rapective heirs, legal represen?ative:, svccessors and asi~gns of the parties hereto. - ~i~~
i~ And said Mangagors, for themselvei and, their heirs, leg~l repreuntative~, successors •nd sssigns, hereby jointly snd saveralty covenant •nd ayr~e ~
ro and with the said MORIGAGEE, its tvccessor; and assigns: F„~
~ 1. To pay all ~nd singular tha prirxipal and interost and the various and :vndry svms of nwney paysbk by virtve of iaid promissory nota, and this
~ mortgage, each and svery,- promptly on the days respectively the same severally becane due. _
- 2. To pay all snd ;ingular the taxes, a~sessmenn, levies, liabilities, ob(igations ~nd encvmbrsr~a of ewry n+tur~ snd k(nd raw on said dacribed
- property, a that heteafter may be imposed, ~ufferrd, plsced, levird, or asseusd thereon, or tFut hercafte? may b~ leveed or astessed upon ihis MoftQ-
~ sge, or the indebtedneu secvred hereby, e~ch a~d every, wtxn due and psyable, according to law, before.they 4ecome delinqwnt, end before any inta~st _
~ attaches w any penafty is :ncerrred; AND INSUfAR AS ANY THfREOF IS OF RKORU THE SAME SHAII BE PROMPTLY SATISf1ED AND OISCHARGEO Of
RECORD AND ThE ORIGINAL OFF:CIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TiiE SATISFACTION PAPER OFfICIALLY ENDORSED
OR CERTIFI~D) SHALL BE PIACE?~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAY~ NEXT AFTER PAYMENT; and in the event that any thereaf is noi
paid, sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the ssme or any psrt thereof withwt waiving or affectirq any option, IEen, equit~ u
.ight urrler or by viriue of this mortgage and the full amounY of each and every such payment shall be immediately due and payable ~nd shall bear interest
~rom the dare thereof until paid at rate ef nir.e per centvm per annum and together w~th such interest shall be secured by the licn of ih:s morytaya.
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