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HomeMy WebLinkAbout0730 ...... l ~_ -------- - ....- _'_,'_____._,..1._., , $ r~"\(! , 21 - _.--- ~_. . .~, - ... ":: <{ ~j Al Thompson Iola Thompson (SEAL) (SEAL) (SEAt) (SEAL) i ,,~1 ~ '1),lL :60:" THIS !Nl)fNTUIt~ '"* ~ 22nd . dey of February Al ~ho~son and Jo1& Tho~son, his wife, "',0, l~..6..L, bstwaan of S. t - Lun i e . _ County fl<<1cI4. ......Inaftw cle$lgMled .. the "MORTGA(",oR," .nd FIRST FEDEllf"l SAVINGS ~N[\ lO'\N ASSOCIATION Of fOaT PIERCE, . COlpoullon cwg..,lzed and axlllll"" unde, 1M 1._ of the United Sllte. of Ama,k. .nd hAving II. prlndp.J plica of bv.i...... In 1M Oty of tort Pietca, SI. Lucia County, Florida. '-eln.he, _Ig~ted .. 1M "MORTGAGEE," WHEREAS the MORTGAGOll It luelly Indebted to tha MO!ilTGAGfE In the .um of $ 2. 500 . 00 , good .nd II....ful money of tho U"ired Stile. adw.IXW by .... MOllTGAQU unlo lhe MOIlTGAGOR, II evldan<ed "y . ce,I.ln promj,.o,y nol. of av.n d.t. he,(wirh, of wh;ch Iho following ,n word. .net f~U'h. ",' I,ue copy, Io-wlll $ 2 . 50~ . 00 .. " No 10.947 Fe,rt PI..~, Florldo. February 22" 19~ For vllue ,ecelved, I, we ot either of u., promi.. 10 pay, without def.lcatlon, 10 lhe o,d.. of FIRST FEDERAL SAVINGS AND lOAN' ASSOCIATION Of FORT PIERCE .1 Fort Pi.rc., FIo,ld., 1M .vm of 5.-2, 500 .00 wllh Inlenut f,om "II. at the ,.te of ~ % pe' """Im, in moolllly iNIIII. mont. .. follows: S 25.00 on IN.l.O..th d.y of April , 19--6J. .nd . lik. .um on Ih. corre.ponding dlY of uch month Ihore- .fter vntil the whol. be fully paid, Each in'I.llm.nl flrsl .h.1I be .pplied In paym.nl of 1M Inl....1 .nd IMn on Ihe vnplld IMllr.ce of 1M princip.1 .vm. ,If dellult I. made In Iho p.)'menl of ony instllim.nl when due, ond .uch cl.tfavh contin..... 30 d.ya, Ihon II IN opilon of Iho holde" Ind without .ny other IlQtice, .I! tho remaining installments .holl be due ond paylble 01 once, P,lvilege Is ,iven to plepay Ihl. nole In ("(hole or In ~rt .1 ony Ii"", withoul penllty, Nellhor 'orebelrance, no; accepllnce by 1M h,;,ld... tMreof llier Iny d.f.ult In .ny ~ymenh hereon, .h.1I he deemed exlen.lon, AllIe plymenl chlrge of $ 1, 25_, .hlll be Idded to e.ch In.lollmenl r-.nolnlng unpaid 7 d.ya .fter Ila d.... d.'e, .nd . Iik. '.v," .h.1l be .dded 10 uch .vch In'lllImenl ,emlining vnplid 7 dlY' lite, Mch .ucc..dlng pay~1 dlle, hch mlka', .v,.ty .nd endor... hereof, lolnlly .nd .ever.lly, wlive. d.mlnd, pre.enrmenl prole.1 .nd notico of prolell for nonp.ymen!, and furrher .gren loony exl.nslon of lime of plymont, either befor. or Ifter m.lvrity, wlthoul nolice 10 .ny of V,; and 10 p'y .11 Co.l. of colleclien, including . ,e..onlbl. .ttorney'. fee In tM evenl of .ny default ho,evncl.tr, ond Mreby .everolly woive. .11 IMn.flt of homeuead .nd exemption under Ih. conllilulivn, Ind lew. of each Sr.'e of 1M Uniled Stale., .. eg.I....I Ihl. obligellon or .ny ;)xl.n.iO<! 0' ,enewol hereol, Witne.. lhe h.nd .nci ...1 of eech party, ( $2 50 (Slimp" c.ncelled on origln.1 r.ole) NOW, THEREFORE, 1M MORTGAGOIl for lhe pu,pose of 1I\:U,lng peymenl of ..id .um of $ 2, 500 ,00 , Ind Ihe performlnce of Ihe covenlnl. .nd .greemenl. M,eiMfta, e"pre~, .nd fot divers good Ind v.lv.ble consideration., by Ihe.. p,e..nll, doe. grant, blrgein, .ell, remi.o, re'e..e, convey ."d confi,m vnto 1M MORTGAGEE, III 'vccellors .nd ...ign., III Ih., c"I.ln lot, piece ~ ;:ncel of I.nd, .ltuat., lying, Ind being In tho County of S t, Luc i e .nd St. Ie of Florid., cI.t.cribed .a follows: ) SI.Ie Rev.nve Lot 9 of Block 2. of AUGUSTA SUBDIVISION, of Section 4, Township 35 South, Range 40 thereof recorded in Plat Book 8, page 34, St, Lucie County, Florida. ~ a subdivision in the swt East, according to a plat of the public records of 5? r c C-;ft:.':.!::: L~~-9'::6 togethar with .11 Ind "ngular Ihe lenemenh, hereditamenl. .nd .ppurt.nee. IMr..unlo belonging or In .nywl.o .p~rt.lni~ thereto, Ind .11 renl., Iuuel, proceeda and profil' .ccrving .nd 10 ICcrve from ..Id plemi.es, .11 of which ". inclvded in the .bove .nd fcrl90ing de.cription .nd h.bendum, TO HAVE AND TO HOLD lhe .bove delCtibed .nd granled plemi... unto lhe $lId /';OIlTGAGEE, il. .ucce..ors and ...igns fO'Ever, And Iho said MORTG,M~Oj!_[or ar~hA i l" heirs, execulors, admlniar,atou .nd '"Ign., hereby COV'Mnr. with Ih. ..id MOR~GAGEE, Ita 'vccellors .nd a..ign., thet ~.:t- ,-- I.wfully 'Olled of Ihe wid plemi... In fee .Implo; th.1 Il.e ..me are free, clur Ind di.ch.,g..d f,om all lien. ond encvm- b,anee. in I.w or In eqully, Ind thaI the Y will .nd the i r hel" .hlll wlrranl Ind defend the tille 10 the ..me to the .aid MORTGAGEE, it. .vccenor. Ind ouign., fo,ever .go.nll 1M I.wlvl claim. .nd dem.nd. of III person.; PROVIDED, ALWAYS lhal If the MORTGAG.:>R .h.1I pay unto 1M MORTGAGEE Ihe promlllory nole Mrelnbefore described .nd .hlll I,vly, promptly ."d fvlly perform, d;lChlrge, ex.cvle, complete, comply with Ind .bide by uch .nd a"ery the lIipvllrion., Igreements, cond,tiona Ind covenant. 01 ..id promi.so,y nore .nd of Ihi. Morlgage, lhen this Morlg"lle Ind the Estale her.by crured .hlll caue Ind be null Ind void, IT IS UNDERSTOOD Ih.1 Ihe word "Morlg.gor" ....h.lhe' In Ihe .Ingvlar Of plvral Inywher. in Ihi. Morlg.ge, .hlll be .ingvlu if ono only Ind .hlll be plurol joinrly .nd .ever.lly If more Ihan one, .nd th.1 Ihe word "t he"..,.. v.ed .nywhe,o In lhi. Morlglge .hlll be liken to mel" ..hi.,.. "hers:' Cor "its," wherll!'ier ,he conl~x' 10 irr.pllel or adrnih. AISQ, that wherever there is . reffl!re lee in tho'! covenlln'. and .tgreement. herei", contained to any of the parriei hereto, Ihe ,"me .hall 1M con.rrved to ""'on.. well II lhe Min, legal repr.n..tiv.., 'UCceuor. Ind anign. (eilher voluntary by act of the partie. or involvntlry by operaHon 01 the Ilw) 01 Ihe ume .nd that th. covenlnu herein cont.ined .hall bind Ind the beneliu Ind Idvantage. invro ro Iho ,e.pectivI hein, legll repre.entllive., .vcee..or. .nd ...ign. of 1M p arti.. hc,elo, And .aid Mo;glgvra, for lhem.elve. and Ihll, Mira, leg.1 ,0plUenl. tlve., .ucce',.ora .nd anlgn., he,eby jointly Ind .everl:ly coye....,,' Ind Igree 10 .rid with Iho ..id MORTGAGEE, ft. .uccenor. .nd ."lIf\1' l. To ply .11 .nd .Ingvl., Ihe principal .nd 1.,ler"I Ind the various .n d .undry .um. of money p'Ylble b'i virtve of ..id promlnory nole, Ind Ihi. "'ortgage, each .nd every, promptly on 1M dlY' ,e.peclively lhe ..me ,"v.rally beco"", dve, 2, To PlY .11 .nd .i~utlr the Ilxe., ......menll, levie., li.biliti.a, oblig.tion. .nd ~vmbranee. of every nllvre .nd kind now on ..id de.cribed p'op..rty, or Ihal ""realte, m.y be Imposed, .uffered, pl.ced, lev;.o, or ....ued ;heroon, or Ih.I herulter mlY be levi.,.:I or .nened vpon tni. MOrlg- Ige, or the incl.tblednen .e<vr"d hereby, uch Irod .ve,y, when dve .nd peYlbll, occo,dlng to Ilw, before they beco",e dellnq<:enl, .nd belore Iny inrere'I ,,,,,he. Or any penal:f is incurrrd; A'\D l~j50FP,R AS ANY Ttt~REOF IS OF RECORD THE SAME SHAll BE PROMPllY SATISFIED A~D DISCHARGED OF "cCORD MiD TH'. O'~ir,:,"Al OfFICIAL DOCU.\IE:'-IT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TH~ SATISFACTION PAPER OFFICIAllY ENDORSED OR CERTIFIED) SHALt BE PlACro IN THE HANDS OF SAID MORTGAGEE WITHIN TEN [JAYS ~:EXT AFTER PAYMENT; .nd in the event thar any thueol i. nol "0>::' ,,1.fiC'd Ind d:"I''''Jed ...d ....,ORTGAGEE mlY II any time p,y the ..me or .ny pa't thereof wirhout waiYing 0' allecling Iny option, lien, equity 0' r';1ht vnder 0' bf vir"'" G( rhi. tnOrl)oge ond Ih~ Ivll amOv,,1 01 each lrod every .vch p"yment .hail ~ :",medillely due and payable end .1,.11 bear inlere,r fre;,.., Ihe d.~e ,h,o'co' vetil pa:d .1 rat. of n;no pe, cenlvm P'" annvm Ind iog.lh~r w'th Ivch intere.1 .hlll !,,, .ecvred by,Ihe lien of th:. morgl.ge,