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HomeMy WebLinkAbout1605 o R: 5;.i~1 ..... 59 i4r202 J 14~1 J~ ) THIS INDENTURE, M.de ,''' 1 c; d.y of ~ - Hat"!3h ' H01"ac.e T)elv1n Whaley and Rvelyn nebecca , A,D, 19-.6l between Whaley, ..his wife 0,1 ~t. rLUe 1e ' County Florida, her.lnaft., dM19Mf..d II Ih. "MOIlTGAGOR," Ind FIRST FEDERAL SAVINGS AND lOAN ASSOCIATION Of FORT !'IERCE. a<c:."po<llioo Oi"anized and ~xill~ Undel II.. 1._ of lhe United SIII.o of. Am.rkl and hevlrog Itl prindp"1 pllc, of buoi"... In lhe Cillo' ~ f~"'Pl"<<If SI. loxia County, florida, :..telnlf,., dMlgnal:d '0 the "MORTGAGEE." WHEREAS ,1hl> MORTGAa6il II luolly Indebled 10 lhe MORTGAGEE In the oum of S. 7, c:;00 . 00 , good Ind Ilwful mon.y of Ihe Un.red Slale,' Idvlnud by lhe MORTGAGEE unlo lhe MOllTGAGOR. n evidenced by I ,.rlain promiuory nol. of even dll. herewilh, of .....hich Ihe followir,g in wOldo Ind fig"r.1 il a 'rue copy, Io-wil: LL..5QQ.OO Mal"ch 15 No 11,007' 19 -6.3- Fort Pierce, flOlldl, FOl vllu. rO<"'Olved, " we Oi eilher of U', promiae 10 P"Y, witMu\ dehlclI~; IQ lhe order of FIRST feDERAL SAVINGS AND lOAN ASSOCIATION OF FORT PIERCE II fort Pierc., Florida, Ihe oum of $ 7,500.00' i ~...lfh intereo' f,om dlte II Ihe re~e of &25% per ennum, in monlhly In''oll. ~nt. eo follows: $ 61~. C;o on the --.5..t.h. dey of July 19-.6.l Ind I Iik. lum on 'he couelpondi"" dlY of each mGnth there- aher unlil th, whol. be fully paid. Each inslallmen' fi,,' .hall be epplittd in paymenl of 'he lnl.reol and 'hen on lhe ...npaid belanee of lhe principal lum. If default il made in the poymenl of any in"allme,,' when due, and .uch defauli conlinueo 30 dayo, Ihen al Ihe option of lhe holder, and wilhout any olher ,'lOt ice. all th.. remaining inllollmenll .hall be due and payable a' once. Privilege il given 10 pr.pay Ihlo no'e In whol. or in parI II any lime withovl penalty. Neilher forebe.,ance, nor a<ceptance by lhe holder lhereof after any defluli In any pe'fmonh hereon, ohall be deemed exlenoion. A late paymenl charge of $ 1. ? 3 ,.h.1I be added Ib ..~h inlrallmen' remaining unpaid 7 dayo Ih., Ih due dale, and I Iik. ""n .hell be added 10 each .uch in,'allmen' remaining unplid 7 day. after each oucc~eding payment date. Each maker. ourely and endoraer hereof, jointly end oeverelly, wliveo demand, prellnlment prote.' and notice of prole.' for nonpayment, and further egr"eo to any exten.ion of lim. of payment, either befol. 01 after malurlty, wlthovl nolice 10 eny of U'; and '0 pay all co.,. of collection, includ,ng a re..onable altorn~y'. fee in the event of eny deflult hereundor, Ind her.by oeverelly welve. ell benefit of homestead and exemption under Ih.. constilulion and law. of eech Stale of Ihe United Slalel, .. Iglinst Ihio obligelion or any ext.n.ion Oi renewel hereof. Wilness lhe hend and .eal of each p"ly. sf sj Horace Delvin :ihalAY Eve lyn R e he c ell Hhlll A;l (SEAL) (SEAL) (SEAL) (SEAL) .... ( 7" C;O (Stam~ cancelled on original noto) NOW. THEREFORE, Ih. MORTGAGOR fo< the purpo.. of ..curing peymenl of ..Id .um of $-J, 500 A no Ind Ih. performance of the coverunl. Ind egreemento heroinelter expreued. and for diver I good end velu~bl. con.idenliono, by lhel. presenlo, doeo gr.nl. bargain, ..11, remi.e, release, convey end confirm unlo Ih. MORTGAGEE, lio luccessora end lI~igno, ell ,he' carlein 101. piece 01 porcal of land, oituate, lying, and being in the County of S t " Lu c 1 e and Slel. of f:"rida, de"CIibed II follows: Slela R.venu. BfJginnin~ at the Southwest Cornel" of the IlWi of the NE;} of :'ec tion 30, 'Pownship 3S South, Hnnge l~O East, run Harth 339 feet, thence turn and run East 235 faet, thence turn and pun North 375.5 feet to the point of beginning, thence turn and pun East 359.513 feet to the ri~~ht 0f way of Dame Rand, thence tUPTl and run North along the West right 'of wlil line of said road 120 feet, thence turn and run West 359.14 feet more or less, thence turn and run South 120 feet more or less to the point of beginningov : /syo RI':e'fIVI':D' IN P#'YIoHNT OF TArea . DUE ON CLASS 'C' INTANGIBLE PE~SONAl P~CPERTY PUri';UANT TOCH#'PIER 20724, ACT~ OF 1941, . ReG" pen;;,', " CI~rk Circuit':: urt os Agent for CU TIS M, JM^ES 51. Luci ounty Tox CO~ DEPUTY CLERK IOI/olher wilh all Ind olngulor the !.nemiln", "'redilamenh and appurtancfl theleunlo belonging or In anywi.e apperta!nl"9 lherelo, and III renh. Issueo, proceedl and profill accruing and 10 accrue frorn ..id premlle., all of whl&. ore included In 'he ebove cnd foregoing de.criplion and habendum. TO HAVE AND TO HOLD Ihe ebov. de.cril>.d end granled pr.mll" unlo lhe wid MORTGAGEE, III oucee..ora Ind assigno forever, And ,he ..id MORTGth~~for ~ heirs, execulora, edmlnlallaTors and a..lgnl, "'reby covenlnll with Ih. ..id MORTGAGEE, ill .uccessors and a..;gns, ,hal ar@ - lawfully o.ized of lhe leid premi..o In fe. olmpl.i 'hat lhe lame ore free, claar and diKharli/ed from all lie", Ind encum- branc,," in 10: or in equity, and Ihll t. h AY will and _ t.h A 11" hel... ohall wa"anl and defend 'he IiIle 10 Ihe ..me '0 'h~ lIid MOiHGAGEE, it. oucce..or. and auigno, fo,ever agalnll lhe Ilwful clalml and d...,and. of all persono; PROVIDED, ALWAYS thaI if Ihe MORTGAGOR .hall pay unlo the MORTGAGEE lhe promluory nole heralobafOie delCribed and .hall Iruly, promptly and ful:y perform, diKharg., execule, complete, cornply witt> and abide by each Ind .vory lhe I'ipulaliono, agreemenf., conditlc.na and cov.".nts of ..,d promiu"Y not. and of Ihio MOilglli/e, lhen Ihio Mortgage and 'he E.'a:e hereby created ohall ce..e Ind be null Ind void. IT IS UNDERSTOOD lhal Ih. word "Mort"agor" w"'th..r in lh. li"9,'lar or plurel .nywhar. in Ihio Mor'gage, Ihall be olngular if one cnly and .hall be plural joinlly and ,,"erolly If more ,h,n OM, and thll lhe word "I heir" .. u.ed anywhere In Ihi. Mor'gage .hall be tlken to mean "hi.," ..I)or.... or "ill," wherever the context 10 implies or .dmifl. All(), tha' wherever there II . ,.ference In the covenants and agre-ement! herein contained to any of Ihe parlie. her.to, tha ""'e Ihall be construed !~ mun .. well .. Ih. heir., lali/al repr.oenl.livlI, 'VCCa..OiO and assignl (eith.r voluntary by acl of the partie. or involunlary by ope<alion of the I,w) of the ..me and Ihal the covenanll herein contained ,hall bind and Ihe benefill and advanlag.. inure 10 lhe les.pective heirs. legll rapreoenlative., oucce,sora Ind IIlignl of lhe partl.. Mrelo. And ..id M""9a90", for '''''n,.alveo and Ihalr heirs, legll rep,esenlali...e., lucceSlon Ind a..lgnt, hereby folnlly and wveal'y covenlnl and a9rea to and wilh the laid MORTGAGEE, ilo lu<.ceosora and auig',,: 1. To pay III and lipgular Ih. principal and Inler.ot Ind lhe variouo and IVndry au"" of money payable by virtue 0: lIid prornissory note, and Ihi. mortgage, eeth and .very, promplly on lhe daYI rllpectively lhe ..na MV.'llly bec~ dw, 2. To pay all and Ilngular lhe lueo, esse..ment., levieo, IIlbllltJe., obllgal;OIII Ind .rY-\1mbronc.. of "".ry nature and kind now on lIid de.cribed properly, or Ihll here.fter mlY be impo.ed, luffered. placed. levild, 01 a..eued lhereon, or Ihel hereafter mlY be levied or ......ed upon thi. Mort~ Igo. or lhe indebtedness ..cured hereby, eech and evey, when due and paYlbl., ac:cording 10 law, before Ihey become delinquenl, and before any int.re,' oll"h., or any penaity i~ ir.cuffed; AND rr.SOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAll BE PROMPTlY SATISfiED AND DISCHARGED OF ReCORD A"lD THE O~iG:'.;.Al OfFICIAL DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAllY ENDORSED OR CERTIFIED) SHAll EE PlACtO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the ev~nl Ihat any Ihereof i. not pa:d, ..f s"ed 3nd di,~h"'Jcd ..'d MORTGAGEE may al any time pay Ihe ..".. or any part ,hereof wilhou' wlivi"9 or aff",ring any option. iien, equity or ri;;ht u~Jer or b( vi'luo of '1>i. mo"g.ge and Ih. full Imount of each .-.d ev..rt' ouch paymenl .hall be immediat~ly due and payable and .h.1I bear interell fr~rn the dlte ther<>ef unlil pe'd al rale of n:ne per cenlum per Inn...m end logolher w:,h .ucl} inler..t Ihall be .ecur~ by the lien of Ih'. morgloge. -