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HomeMy WebLinkAbout0573 e e nus IND~Nl\!al. ~ tN.... 11 ttL- MY of M.ur~h . ^-o. lL6J.,... ~ __ RaymoHQ Butt ami Cora Butt, his ""ife / of Sa 1. n t. LII c i t"II ~ County flotkM. he...iMfW dMigNlled .. tM "MORTGAGOk." .nd flilSt fEDHtA~ SA...INGS AND LOAN ~IAfION Of FORT "IEacE. . corpor.tlon org.,,\Qd .nd ex'-tlng uncIet tl>. I.... of tI>. United SI.... of ^,,-:c. .nd "'yln. Itl polndpal piKe of t...a..... In the Ory of fort rl<<ca. St. LucM County. flOfkU. her.lNlt..- _ign.ted .. 1M "MOItTGAGfE." ,/HEREAS the MQiTGAGOR II luolly indebted 10 .... MORTGAGEE in ,I>. lum of $ 5" 000 - 00 ~ good .~ I.wful mc>ney of I". liniled Sill.. .dv.nced by the MORtGA<.EE unto the MORTGAGOR. .. .yid4tn<;ed ~. a ~.In ptOfhluor, nol. of .yan ct.t. herewit". of w"ic" I'" followi"il in w~' .nd figu,a.t. It . lrue copy, ~wit: $ ~OOO..I)~ Fort P;.roo, florkla. MArch 11, _.11y protnl.. to pay to fiRST FEDERAl. .......INOS AND lOAN ASSCX:IATI9N of .t Illl office In fort Pi..-c., florlda. wit" Inl.,..t .t the r.l. of h . h N.>, 9;>0;2 ,19.6L fORT PIERCE. wltMut " ~ I fot y.lu. received I ~ _ ~inl~ ~ d.f.Ie.lion. the .urn of $~' 000 · Ov ~y.bl. In the following man"""': $ ~O. ')0 upon t'" Is t of ate" and .v.ry monl" ...,..ft., vnlil the f",1I principal .um. ",it" Inl.,..I, hu bun paid; a.id monl"ly p.yn..nt1. ....11 ba .W11ad fit.1 to ,... paymenl of Int.r.'1 on tl>. u"pald bal.nc., .nd I....... 10 I". payment of princ;pal. P,;vll"'iJ. of ",.lr.ing paY"',.nll in .dy.nc. of due ct.,. II ,.I.ined, p..- can' per, .nnum. Thll not. It nevotiab.. end If tMf...lt In ...yment occun, m.y ba pieced In t'" ...rwIt of .n .lfo<ney at I.... for colt.ctlon. In w"kh .....,,1 I Of we Ig'" to pay the ~ta of coll.-ctlon. Inciudlng a tlMson.bl. .ttorneY'1 f... .r d .ae.I, of u.. w......... melt.,. guar.ntor 0< endoner. he,eby ..v.,ally w.l..... decna..cl. ;wtloa of IlOf>1)I"..-,t ;ond p<Otflt of ,hit no'., S I , / Raymond Butt ~ S Corn Butt ~) (SEAL> (SEAl) ( S .00 .) S,.,. Rtt........... (St.mpt cancelled on original not.) NOW. THERfFORE. IN MORTGAGOR for ,he p4oI'l'O" of MCU,lng pay..,.nt of Laid tum of' s. 000.00 . .nd the perfonn.nc. of the ~nt1. .nd 19'""""''' ,-.I,..ft..- ."pretMCl. .nd for dlv~ ,}OOd and v.lu.bIe con4ld.,ations, by theM pr.......t1.. doea g,.nt, ~'9.in, a.H. ,amia.. ,.I.u.. CQny,;/ .(lCl r;onf\[m untp ,he MORTGAGEE, Ita aU<<.laorl .nd "llg"" all t"'t ~rt.in lot. p~ 0< pa,~1 of I.nd. situ It.. Iylng. end being In .... County of 0e1n't LUC ~e _ .nd St.tl of flo,lda. a.-ibed .. followa: Be~inning at a po~nt 8S6.S9 feet South of the HE corner of the UE-~ of the SEt of ~8ction 16, Township 36 South, Range 40 East (said point being in Oleander ^venue), thence ':lest 552.5 feet to the SE corner of the tract herebY deRcribed; from said point of beginning run West 512.5 feet to a point' (approximately on the edge of the swamp), thence northwesterly, meandering the edge of said swampt to apoint which is 606.09 feet south of said North line of NEt of SEt of Section 16# Township 36 South, Range 40 East, and is approximately 1105 feet West of the East line of said NEt of SE~ of said Section 16, Township 36 South, Range 40 East; thence run ERst 1approximntely 552.5 feet) to a point which is 552.5 feet West of the Eas t line of said NEt of SEt of Sec t ion 16, Township 36 South, Ra1>ge 40 East, thence south 250.5 feet to the point of beginning, and also all of the land lying between above parcell, on th~ East and St. Lucie River on the west being swamp or overflow land, and being a strip 250.5 feet wide, north and south. private Eqsement for/driveway purposes over a strip of land 50 feet wide, running East from the NE corner of the tract first above described and e7.tending~ to Oleander Avenue, (which is located along the East boundary of ~aid NE4 of SEt of said Section l6r TO\lnship 36 South, Range 40 E;~::J'./ , , / O'~ _ in p~;m~:lt ct la;i,es d'Je Rece,vcd $~b\ pel'so"oal Pro~e':Y pursuant \0 on Cl3ss "C' Intangl e , .' ~\ r;j4 3WS 0\ non t.,U'i OV1;>~' Chapter . , .'J--d (,.' ~-~ ~I\ettOf 1 St. tude Cou " AorilII Qv' / tc>g.t'- with all .nd al"ilul., ,... .....-nent1.. heredh.menta .nd .ppvrt.nc.. thereunto belongl"il 01 In IIlY'Hi.. .ppert.lnl"il ,'-.to. and .11 r.....!i. luu.., proceeds .n.:! profita accruing .nd to accrue from a.id p,.mlMa. .11 of which ar. Included in tM .bo". and foragoi"il cHlC!ip,ion .nd habandum, TO HA"'E J..ND TO HOLD th. .bove dllO'il>ed .nd g,anted prami... unto the lAid Me 'TGAGH, it1. lu<ce'aor. .nd ...iil'lI forav", And tl>. lAid MOR~G(}GOR fOf th9ir hein, exKUforl, edmlni.l1'.tor. .nd ...ign.. ......by toYenonh with the ..id MORTGAGEE. ita a<tCa1toOrl .nd au~na. th.' A;T a T'8 IhAully ..iud of ,he lIid p,.miMl In f.. at-npl.; ,hat the U"'. a'. fr.., c1u, .nd C:iKlwtged f,om .11 Ii.ns and encvrn- bran<:.. in I.w or In aquity. .nd I".t the~ wi!1 .nd the r ".i.. ....11 wlt,.nt .nd tM~.nd the till. to the ume to t'" !.lid MORTGAGEE, 'ta IUCCflIO<' .nd ...igna, f<<....... ag.in.' the I.wful c1aitna .nd d..".ncn of .11 pe"OI\l) PRO...IDED. AlWAYS t"'t if t'" MORTGAGOR 1...11 pay un'o ,he MORTGAGEE ,... p,omlllory no'. he,.inbafor, detcribed and ....11 t,ul,. promp,ly and fully porform. diac"',ge. ."KUt.. compl4l.. comply with .,,0 .biG. by .eeh and ....ery lhe .'ipul'lionl, .gree"",n.., <ondilicnt and covenantl of uid promiaaorY not. and of '''il Mortgage. th.~ ,hi. Mortgag. .nd the Eat.,. h.reby ~..,ed lhell ca... ."d ba null .nd ,",,'d. IT IS UNDERSTOOD ,....t ,he word "Mortgagor" whe,".' In the aingul., 0' plu,.1 .nywhe,. In ,his Mort.,.ge, .h.1I be .Ingul.r if one only and ahwll ba pb,.l join,ly and K......ally If more t"'~ one, .nd '''a: the ....ord "Ihe.," a. uaed .nyw"'r. in this Mortg.ge ....11 be ,.ken 10 me." "hi.,.. "he..,.. or "il.,' wh40r.v., the con'u' "10 i:T1pli.. <<.,imit1., AI>o, ,hat wt..r.yer th..r~ il . r.foren<:. in Ih. coyen..,,, .nd ag..e"",,,I. "erein con,.ine::\.lo .ny of ,he partin her.to, the """ .:..11 ba CONI,uecI to me.n u ",.11 .. the hei", lag.1 '.pr...n'.ti'..., sucCl.."n .nd ...ig'" (ei'''''' volunl.ry by .cP of :he parti.. 0' irvQjunltry hy ~,,'ion of lhe t.w) of '~.e lAir.. .nd ,..., ,h. co....n.nll her.in con'.i:>ed .lvol bind .rd lhe benef,.. ....... ed....n'ag.. inu,. to the ,..pective heira. k<;la' ,.",eaent.Ii..... wece..on .nd walignt of It.. p.rti.1 ""110. And 1Iit:! MortO.~n, fo< 'ham..lv'l and .hei, ...1." legal '.pro",,,,.'i...... luccall~n .nd .uigna. hereby jointly tnd IIv,".II', covlnant .:><1 Ig'" I<> and wit" the lIid MORtGAGEE. I.. avcccnon end .lIigr.,: 1. To pay .11 and _l"ilulu .... princip.1 and int.r..' .nd the v.riov. .nd .undry wm. of m<>F\IY p.ycbl. by yIrtv. of ..Id p,om;.aory n::rt~, iOO thil mortgage. .ach .nd every. promptly on tho de)' ,..,)IC1iy.ly ,he lime ..~.r:lly be<ome du., 2, To pay .11 .nd aIngul.r the till... ...ournent1., levi... li,L;:;ti", obllg.tiona .nd .ncvmbr,ncea of .~ry MIur. .nd kind new eon I.id d...:ribed property, << tt..t .....,..tt., m.y ba lMp<>IId, luff.red, p!aced, 'Iyied, or ._ued t~,.raon. N '''.t herhfte. ""y ba I.vi;td << ......od upon ,hi. Me,Ig- .gl, or t'" IrtMblednea. .ecvred hereby, ..c.. .nd eve<y, when due .ncl paYlbl., accc..rdi"il to I.w, bafor. the) hocom<> dehnq.....'t. .nd bafor. ."y in!....t ,"ache. 0' .ny ~n.l1y i. incurred; AND INSOfAR AS ANY tHEREOf IS OF RKOIlD TH~ $AME ~nALL BE PROMl'll Y ';,All5fIED AND DISo:HARGED OF RECORD AND tHE ORIGINAt OffiCIAL DOCUMENT (SlJCH AS, fOil INSTANCe. TH~ TAX RECeiPT OR THE SAtlSfAC110"-! PAPEIl OffiCIAlLY Er-.OORSED OR CERTIFIED) SHML BE PLACED IN tHE HANDS Of SAID MORtGACEE WITHIN TEN DAYS NEXT AfiER PAYMENT; .nd in the eyenl Ih., .ny ,hereof i. nOl paid, IItilfi.d .nd diach.rg.d ukl MORTGAGEE m.y ., .ny lime p.y lhe lime or any part lhereof ,,'i.hou' w.ivinQ 0' .ffecting .f1Y oplion, lion, equi!( or ,ighl unO.r or by virt'Je of 'h;. mortgage .nd t.... full .m:>unl of IIC" .nd ey.rt .u<h payment ahall b<- imme<!la'.ty duo .nd p.y.bl. .nd ah~1I ba.r infer.., from lhe d.,. ,hereof u"lil paid ., ".. of ni...... po' ce"llIm per .nnum and '0<;1'1"" wi'" .uc" inl".,1 .n.1I ba IOCV,ed by ,h. lian of ,"i. mor!l'ag.,