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HomeMy WebLinkAbout1607 , C it ~~~<< 59 i j~~; 204 March VA"g1.A T.. PAt.AI'aon, , A,O. 19~ Ntwun hi" wire ) I J14113 THIS INDENTURE, MAde IhL-....:lJit,~ d.y of *illiam R. PAtA"Ann ~nrl vI St.. Lucie ~ County Flo<id., ,-.In.ft., d.slgn.,ed II Ihe "MORTGAGOI!," 'M FIRST fflJERAl SAVINGS Ai'.'O lOAN ASSOCIATION OF FORT PIERCE, . COfpor.,ion ')rg.nbed .nd ullllnG under ,h. l.wI of It.. Uniled SIll.' of Amerk. end "'ving it. prhcip.\ pllce of b,...ne.. In ,t.. City of Fort Pie<<>>. SI. l\;c1. County, flo<ld., herelMlter de.lgnAled II lhe "MOR1GAGEE:' WHEI1EAS lhe MORTGAGOR Is fv,'ly Indebled to It.. MOJlTGAGfl! In the .um of $ 3.000 .00 , good ,r><! l~wl'JI money of tha United SIll.. .dvenced by II.. MORTGAGEE unlo ,h. MORTGAGOR. .. .vl<knced by . cer,.in prominOfY nol. of .v.n d.,. i....wilh, ol.'4/-4c" Ihe 'vllo",in) in wOfdt .nd flgur.. i. . IIlK copY. I>wll: $ 3.000.00 18 March No 11,010 19 -.2J.. Fort Plerc., Fl0<Id4, For v.lue recei~ed, I, we Or either of U', promi.. 10 pAy, wllhout def.lcolion, 10 lhe ord.r of FIRST FEDERAL SAVINGS AND lOAN ASSOCIATION OF FORT PIERCE ., FOfl Pierce, Florid., It.. .um of $ 3,000.. 00 will. Inlere" from dele ., Ihe rile of~ % ~r ennum, in monlhly In,'all- M."" e. follow.: $ )0.00 on lhe -$.t.h- d.y of M&7c :.::_ _ 19~ end. lik. .um on lhe cOfrllponding JlY of .ach month Ih.re- .fter unl" Ihe whol. b<> fully paid. Each imlallmenl fl,,' .1.111 be epplied in p.ymenl of It.. In,...., .nd Ihen on ,''' unp.id Nlenee 01 II.. principe I .um, If defeult i. made In lhe peymenl of .ny in,'ellmenl when due, .nd .veh defeult continue. 30 d.y., Ihen ., lhe opllon of ,he holder, .nd withouI .ny olher nOlic., .11 Ihe remaining i~"allmen" .1.011 b<> C:ue and payable ., one.. Privileg. I. given 10 prepAY 11.1. nol. in whol. 0' In part II .ny lime wilhoul panelty. N.ilh.r fo..be.ranc., I\.:)r acceplance by lhe holder lhereof .ft.r ~ny d.feult In .ny paym.nta hereon, .hell N deemed exlenlie.n, A Iele paymenl charge of $1.50 ,.hlll be Idd.d 10 uch ;n.lallmenl r.malning unpaid 7 d.y. .ft..- Ita dve dal., .nd . lik. .um .hlll N .dded 10 uch .uth lnll.limenl remaining unpaid 7 day. all.r uch .veceeding p.ym"" del.. Each maker, .urety and endon.. hereof, lolnlly and ..verally, w.iv;'1 demand, pre.enlmenl prol.., Ind nolice of prole.' for """paymenl, and furlher .greea to any exl.m.on of Ii"". of paymenl, eUh..- b.fore or .fter m.'urity, wUhoul notice 10 .ny of U'; Ind 10 pay III co.1I of coll.clion, includ:ng a rea.on.ble ."orney'. I.e In ,he .v.nl of .ny d.lault her.under, .nd hereby .everelly waivII .11 Nnefit of home,'e.d end exemption und.r Iho conllilulion .nd I.w. 01 elch 51.,. 01 Ih. VnU&d SIal.., II .g.in" Ihi. obllg.tion 0( .ny uleruloA Of renewII hereol, Wilne.. !he h.nd .nd ...1 01 e.ch p.rty. SS! William B. Peterson Z Ver~ie L. Peterson (SEAL) (SEAL) (SEAL) (SEAL) 3.1)0 } S,.,. R.v.nu. (Slamp. un.;elled on orlgln.1 nol.) NOW, THEREFORE, It.. MORTGAGOR fOf' It.. purpo.. of MC\Jrlng paymanl of ...Id wm of $ 3,000.00 .nd Ih. perform.nc. of lhe cov.""n" .nd ogreemenl. hereln.lt" .xpre..ed, .nd fOf div.n good end vlluebl. con.iderllion., by 1"-.. pre..n", doe. gr.nl, borglin. "II, remi.., rele'le, C01-.vey and confirm unto ih. MORTGAGEE, its Iuc.ceuon end e"i\lfli, .:: i:..1 .;..d.;1I lvi, ,.,:..n:.. vi ..,..,\;..: yf :ilrJ, .;;....ii., :,i,"W, ii.d being in the County of ~t. Luo!. .nd S,.,. of Florid., deecribtd .1 folloy'.' Lot 7 Block 2 WILMARED SUBDIVISION, according to the Plat thereof as recorded in Plat Book 8 at Page 31 of the Publio Records of St. Lucle County, Florida. ~~ IIrC!IVED' IN PAYMENT or Tuts r:llf, m: ,','~, ';~' :NT..NG1nLf PF.RSQ:'lAL PROPERTY F'U':u',.,r '0 .H^FlfllL0724, ACTsor 1941, ' i.. :: ,CI>rk Circuit Cevrt 0: ;.. r.: f r '.U TIS M. JAMES ounly Ta~ DEPUTY CLERX B ICgether with .11 .nd .Ingular the I.nemenll, Mredil.m.nta end .ppurt.nul It..reunlo Nlonging or In .nywl.. .pp.rt.lnlng Ih.relo, and all renl., Inue., proceed. .nd profil' eccrul"'il .nd 10 .ccrue trom uld pr.miae., .11 of which .re included In lhe .bo.... and foregoing de.criptio" and habendum. TO HAVE AND TO HOLD lhe .bo.... deacrlbtd tnd grlnted pr.mi... unlo lhe uld MORTGAGEE, II. ,ucclnon and enigna forever. And the uld MORTGAGOR fOf theiI' he:n. uKutora, edmlni,'r.'OfI .nd ...Igna, hereby cov.non,. with Ih. uid MORTGAGEE, Ita .uccenon .nd Inign., Ihal --t-hey 8:rS,wfully..1ud of lhe ..id pr.mi.... In f" .Impl" Ih., .t.. 11m. ere ffe', clear .nd dilcharg.d fro.n all li.n. Ind encum- brlnc". In I.w or In equity, .nd lhel thevwlll .nd ~;.iF hll" Ihall warr.nl .r><! d.fend 1M lille 10 Ihe ume 10 Ih.. uld MORTGAGEE, ill .uccelOon .nd ...ign., fOf.ver "gairut lhe I.wful.chlm. .nd d.m.nd. of .11 per.o".; PROVIDED, ALWAYS Ihal If lhe MORTGAGOR 'MiI pay unlO It.. MORTGAGEE It.. promluory nole herelnbefOfa d..cribed and .hall Iruly, promptly a.,d fully perform, di.cherg., axecul., complal', comply will. .nd .bida by ..ch end every tn. .Iipdllionl agroem.nta. condition. .nd covenanll of uid p,orniuory note and of Ihil Morlgag., lhen thi. Morlg~. Ind the Eal". hereby cr..,ed ....11 c.... Ind be n~1I .nd void. IT is UNDERSTOOD th., the word "Morlgagor" v.helher In Ih. .Ingui.r or plurel .nywhere In Ihi. Mortgag., .hall be .I"gular if on. only .nd .1.111 be plufll joinlly .nd ..ver.lly if more lhen one, end Ih.1 Ih. wOfd ", h.ir" II u..-d .nywher. In '''i. MOflg.ge .h.1I be liken '0 mean "hi.,.. "he..," or "ira," wherever tM context 10 implie-a Of admits. All<>, thlT whereve, there i. . r,f.rence I" the covenants and agreement. herein contllin~d to any of lhe parlle. herelo, lhe ...me .h.1I N conal rued 10 mun al w.1I .. lhe hel.., leg.1 ,apteunlaliva., .uccanon .~d ...;gn. (eilher volunlary by Icl of Ihe p.rli.. or Involunlary by opefllion of lhe Ilw) of It.. lime end Ihal Ihe cove""n" he,ain conlal~ .hal1 bind and Ihe benefil. end advlnllgea inure 10 the r"pKflv. Min, lege I r.preaenllllvH, .ucce..on .nd ,..!gill of It.. P .rtiel h.relo. And uld Mortgogo", for Ihem~I..... .nd It..ir IMln, legal reprellnlel!V", wcce..on .nd ...Igm, hereby iolnlly .nd ..verally covenan' and agree 10 .nd wllh the lIid MORTGAGEE, il. IUCU>>OrI end ...Iglll: 1. To pay .11 .nd Ilngular It.. principal and in:.....! .rod It.. varioul .n d IUndry I"'"" of rToOf'\4lY pay.bl. !:Iy virrv. of uld prominory Mie, .nd Ihl. mortgag., "~., .nd .very, promplly on lhe d.ys rflpldiv.ly lhe lime C4....r.lly become dut'. 2, To pay all .nd .ingu!.r It.. "n.., ."fl$menta, 1....lta, lI.blllll... obIlglllon. .nd encumbrenc01 of .v.ry n.'ur. .nd kind new on .ald de.uibed property, or Ihel Mreaft.. may be ImpoMd, .uff~ed, pieced, I.vled, or .UKH<l Ihereon, 0< Ihll herllfter mlY be levied Of "'Hoed upon thi. Morlg' .ge, 0< Ih. In<kblt<!ne.. .ecv..d hereby, each end .very, when due end ~y,bl., .ccording 10 law. before Ihey become d.!inquenl, ."d b.lore .ny 'nlereal ,'1I6chea or any p.""lty i. incu:rcd; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAll BE PROMPTlY SATISfiED AND DISCHARGED OF PECORD A',D THE ORi::1I:-<Al OFFICIAL DXUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TH:: SATI~FACTION PAPER OFFICIAllY ENDORSED OR CERTIFIED) SHAll BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; .nd in II.. evenl Ihll any Ihereof i. not I'.:j, ..,..fied aold d"chdf,."d ..id MORTGAGEE m.y ., eny lim. p,y .h. MfIlII or .ny p~rl Iher~of withoul w.ivlng or .Heeling any option, lien, equity or ,;~hl under or by vi"u~ "I Ihi. morlgage on<! Ih. full amoun' of .ach .nd ~ry oucl, peymenl .hlll be immedi.t~ly due .nd pav.ble a~d .hlll bear in'ere,' i,om thc dale Ihc,,?f unlil p.'d ., role of nine per c.nlum ptr annum .nd togllher w;th ,veh Interea' .holl be ..cured by Ih. lien 01 thi. morgfage,