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HomeMy WebLinkAbout2557 . I'. ti;;~ ~ lti P~GE 41 "'I THlSI~.MM."'" 17th *tal August. 1~1 Art:hnr ('! pnrd)" And wIre T.8.uretta )of Purd1 of St Luc Ie . ~ n.w.. ~ ......led .. .... ~~TGAOOI.~ end flasT fEOYAl SAVINGS ANO lOAN ASSOCIATION 0. fOIl PiEla. . -.-etioft ~ ..~ uiIIIng under the .... of .... ""'*' ...... of "-lal end hevlne ItI prlncipel piece of ___ 1ft .... CIty of fort Pierce. 51. tude County. flew..... ........... "Igneted .. .... ~MOITOo\OIE." WHEIfAS .... ~GAGOI II Iuefty Iftdebted .. .... ~TGAOII 1ft .... _. nf $ 10 , ~OO.. O~ good .... I.wful _y of ,he Uni'ed 51.... ecfvenced ~.... MOllTGAGU unto .... MOITGAGOtt, .. evldenC1ed by . certeln ~ ftOte of _ de.. ...._Ith. of which ,he following in _CIe ~ flg_ II · true COPY. _itI . 951. 3 IIO~Q_O~ JW. _~_ fort P__ Rcww.. 17 AU~u9t 19h.1 _ A.D.. 1'_ bet-. ~ 19_ . ro. "..... ~ I 011 ~ 011 _elly pr-.IM .. peV .. fllST fEDERAl SAVINGS AND LOAN ASSOCIAT~ of fOIT "EKE. wlrt-,t def.Ica'ion. .... _ 0' .. 10, 00 . . a' ita office In fort Pierc.. floride. with in...... ., ,he ra'. of . 6 pet cen' per. annum. peyeble In .... followiflg _: $ 92. 2S upon ,he 15th of Mdt end......, month her..,.., un'il .... full princlpel -. wi,h in,....,. ..... been paid; Mid mon'hly pay...nta ....11 be epplIed fita' to ,he pev-nt of Inter.., on -t ~Id balance. end ,hen to ,he paymen' of principel. Privilege of "","ing paymenh in ecfv_ of due dele i. retained. A la'e paymen' charge of $. , ....11 be ecIded to each paymen' remaining unpaid 7 d.y. .fter i', due da'e. ThIe not. II negotIebIe end If defeuh 1ft paymen' ocxutt" !MY be pieced In .... hendI of Aft .ttorMy AI law lOt' collection. In which ....., I 011 _ ... .. pay .... caaJll of collection, lncIu4Ing . .-bIe ettomr(. .... Aftd Mdt of UI. .......ther tMbr, ouar...tor 011 ~. her.by _elly w.iwa demand. notb of ftO....pefll'W" end protMt at thIa ftOte. (SEAl) (SEAl) ($EAl) (SEAl.) ARTHUR C PURDY LAUR"lTTA M !>URIW 10.C;O ( )51_R~ ($tempt --'led on 0I'1g.......~) NOW, THOEfOIE. .... MORTGAGOR lOt' .... pwJlOM of -'no payment of Mid _ of $ 10 a 500.00 .nd .... perforrAancA of ,he -re end ~h .............. .~ end lOt' dIv9ra gOOd end ".kNlbIe _....etlona. by "- ..-ta. don granl. berg.ln. ull. reml... ,....... alIwey end ~ unto .... ~T~GEI. Ita ____ end naIgna. .11 the, certaln Iol. pIeCII 01 percel of land. .1ru.1e. lying. end being In .... County of Sq1nt Luca , end Itate of florWe. cleacribed .. follows. nel~inninr~ At A point 364 feet North of Spct~on cornel' dividing Sections ?2, 23, 1U onn 1S, Township 35 South, RAnge 4.0 East, thence North A1on~ 3pctton line 50.9 feet to I'l stnke; thence Horth 83~ de~rp~9 East 333 feet to the shore of the Indian raVel'; thence South ?O de~rees East alonr: the shore of the IndiAn Piver to a point due ERst "')f the point of bpRinnin~; thence ~est to the point of begimlin~, to~ether with riparinn ri~ht9. Exce:rtin~, however, the right of WRY of the ")rl~nent p'lhll(' rC'pr1 lmown ns the Old Dixio (I1~hw'1~r. .,/' 00 r.("'.\~J;. ~ I ~ 0" CI, . "C';- - c" 'w, In;:J/; .b,. r. J/aPt~(., f.!; ,~, "1;. Law! of i.' . I(,/,da . . ~~ .. ( . ax COllictor, St -'~'9~. . - . LUCli ~... '-..~~ .. . .:: ~ together with all and a1ngulM .... '-h. heredj'_le .nd .ppurt.ncee l!wreunto belonging or In enywi.. .ppert.lning there... .nd .11 r...". luue., proceeda .nd profi" ecaving .nd '0 accrue from Mid pr.m..... .11 of whld\ ... Included In ,he .bov. .nd foregoing deacrip'ion and habendum. TO HAVE AND TO HOlD .... above described .nd lIIran'ed prerniMs unto ,he ..id MORTGAGEE. ,,, .U<<eMOr. and ...igna forev... And the Mid MOflTGAGOR fOl t: h ~ 1 r heln. uacuton. edmlnlal..'on .nd ...Ig.... her.by cov....nh wI'h the ..id MORTGAGEE. ill .ucceuor. .nd ...igna. the, the y a [' Ii lawfully ..&zed of .... Mid pr....l_ In f.. .lmple, ...., .... _ ..e fr... c.... and diac"'rged from .11 liena and enc..- brencn In law or In equity. and....t they ""ill end t.hAi r hein .h.1I w.rren' end defend the 'i,l. In the Mme '0 ,he Mid MORTGAGEE. ItI lIUtteUOII end ...igno. lOt'ever ag.lnat .... I.wful cI..... .nd dem.nds of .11 peraona; PROVIDED. AlWAYS thet If ,he MORTGAGOR ....11 pay unto.... MORTGAGEE the promiUOlty no'" her.lnbefOl. described .nd ,hall 'ruly. promp'ly end fully perform. diacherge. ullCVf.. comple'.. comply with .nd abide by .ach .nd .very ,he "'ipul.'ion.. agreemen". condi'iona .nd COv.nanll of .aid promitaOly note and of thll McH1vave. ,hen 'his Mortgag. and .... Ea,.,. hereby cr,,'ed ,"'11 ce... and be null .nd void. IT IS UNDERSTOOD that .... word "Mortgagor" .......ther In the .inlJul.. or p1ur.1 ...ywher. L, thi. Mortgege. ....11 be 'Inguler If one only .nd wI! be plural joIn,ly and _.11y If mOle then one. and the, .... word "'heir" .. uaed .nywher. In 'hi. Mortgage 1...11 be ,...... to me.n "hla," ..he..... or "",'. wherever .... conlext -.0 impIlee 011 adrnita. AIao. 'ha, .......r.ver th... II a r.ferenc. In .... COY....n" and agr........'. her.in con'ai".o to .ny of .... part'" hereto. .... _ ....11 be construed '0 me... .. )NAil .. the nein. 1eg.1 repr_,.'iv... aucc..aon .nd ...igna (.i'her volun'ary by _ of the pertiea 011 lnvctIunlery by oper.'ion of .... 1_> of .... __ end tha, .... cov....nh her.in cont.ined ""11 bind and ,he benefi" .nd edv.n'agea inure '0 .... reapeclive heir.. 1eg.1 ..,,_nl.liv... aucceuon and ...igna of ,he p.rtiea herelo. And Mid Mortgagor.. for 'hem..lv.. .nd their heira. lagal r.pr.Hn,.'iv... .u<c.uor. and ...ignl. "_eby join'ly and ..v.raUy cov.n.n' .nd agr.. to end with ,he uid MORTGAGEE. Ita luccealOn .nd .uigna: .. To pey .11 end ~... .... principe I .nd Ir.:.-,.., .nd ,he vatioua and ,undry I"",, of money p.yable by virtue of ..id promiuory note. .nd 'his mortgage. HCh end every, promptly on .... d..,. reapectinly the ...... ..nr.l/y become due. 2. To pay .11 and .inguler .... ,..... .._h. levies. liabill'iel. obIig"iona .nd .ncumbrances of .very nalur. .nd kind now on Mid deacribed property. or ,h., here.ft.. ""'y be irnpoaed. .uff..ed. placed, levied. or ........ 'hereon. or ''''1 her'.her may be levied or .uened upon thi, MOI'g- 'V.. 01 ,he Indeb,ednna aecured her.by. Mdt .nd every. when due .nd pay.bl.. according to l.w. before 'hey become delinqven'. .nd before any in'"..' ."ache, Of .ny penalty il incurred; AND INSOfAR AS ANY THEREOF IS Of RECORD THE SAME SHAll BE PROMPtlY SATISfiED AND DISCHARGED Of RECORD AND THE ORIGINAL OffiCIAL DOCUMENT (SUCH AS. fOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OffiCIAllY ENDORSED OR CERTIfiED) SHAll BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT: .nd in ,he .ven' ,ha, .ny 'hereof i. no, paid. ,,'i.fied .nd diKhetge<t uid MORTGAGEE m.y ., .ny 'ime pay ,he lame or .ny part 'her.of wi''''''': w.i./ing or .Haering any op'ion. lien, equi'y or righ' under or by vir'ue of ,hi. mortgage .nd ,he full .mounl of each .nd .v.... luch paymen' .hali be immedi",""y due .nd pay.bla .nd ,hall bear in'.r.I' from ,he da'. thereof un'il paid" re'. of nine pet cen'um per annum .nd toge'her wi,h luch in'ar..' .hall be secured by ,h. lien of 'hi, morg'age.