HomeMy WebLinkAbout0745 f
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THIS INDENTURE, Made thw_~+++± day of ~ ~a.~ _ A.D. 19,_Y 2_., betwean
~fie Church, a widow, and nonald W~ Th~mnson and Thereaa Vi__Thompson~_____
?~i s wife
of S~~ nt LL1Ci~ County Florida, hereinafter des~g~~ated as the "MORTGAGOR," and fIRSi FEDERAL SAVINGS AND IOAti
ASSQCIATIAN Of FORT P~ERCE, a corporation orgenized and ax~fting ueder thr laws of the Un~ted Star~a of Ame+ica and having its p~inci~al place of
buiiness in the City of fort Pierce, St. Lucie County, Florida, herrinaFter designatcd as the "MORTGAGEE."
WHEREAS tht MORTGAGCR is justiy in~el~ted to the MORTGAGEE in the sum of a~~ good and lawf~l money of the Un~ted
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidanc~d by e certa~n prumissory note of even ~ate herewith, of which t~re fol!owing ir,
words and figurea is a trve copy, to-wit: p
~Zs~~~~~~ ZG~~V~~
No~.--~~--
Fort Pierce, Ploride, _ M8`~f 27,L 19_
For va!ue received, I, we or either of us, promise to pay, without defa!cation, to the order of FIRST fEUERAL
~SAV.I~N~G+S AND LOAN ASSQCIATION Of
FORT PIERCE at Fort Pierce, Florida, the su~m ofy. S~,,-,~n-4~~ with interest from date at the rate o~~
G~Po per annum, in monthly install-
mcnrs as f~1!ows: S 1~a~0 . on the-4-7 4j1 day of Ju1V 19 and e Ifke sum on the correapond~ng day of e:.ch monih there~
afler until the whole be fvl;y paid.
Each inttallmen! first shall be applied in payme~t of the interesi and then on the unpaid balance of the princ:pal sum. if default is made in the
pa;ment of any installment when due, and such defaul~ tontinues 30 days, lhen a? the optfon of the holder, and wifhour eny other notlce, al; the remain;ng
installmenrs sha11 be due and payable at once. Privilege is given to prepey this note in whole or i~ part at any time without penaity. Neither forebearance,
nar acceptance by the holder thereof afte~ any default in any payment3 hereon, ahall be deemed extension. A late paymeN charge of S-~s/~. shall be
~dded to each instaliment remaining unpaid 7 days afrer its due date, and a like sum s5all be added to each such installment remaining unpaid 7 days affer
each succeed;ng payment date.
Each maker, surety and endorser hereof, jointly anc~evera~ly, waives demar~c~,~~'tntment protest snd notice of protest for nonpayment, and further
agrees to any extension of t~me of payment, e~ther 6~fo~'oy after maturity ~'6~Q,~~ Yb any of us; and to pay all costs of co(Iection, includ:nfl a
rcasonab~e attorney's fee in the event oF any def~ heI€urtder, an~h~l! ~S~ibff'y-~,vaives all benefit of homestead a~d exemption under the constitution
and laws of each $ta~e of the United Sfates, as apairftR th' r~oR`-i~~ q~~h~ipn ar renewal hereof.
Witness the hand and seal of eac ~t~r. ~,G• ~pS~h2plZ~A. AGTS U~
~1~
RE
~p~,y Gi.ASSGH?~P~~'R Clfcu~t ~ C~ffi ~'i tl
°~u~5~"NQp~'~`S' G,eCM, s Donald W. Thom son (SEAL)
R~'G` ~,t for G~ ~ x ~o~~e~OS a C h s on (SEAL?
a A~
( r~-_-) State Revenv~,lJ~s~
~ ~ pEPU~Y ~~~K (SEAt)
(Stamps cancelled on original note) ~y~r?
NOW, THEREfORE, the MORTGA purpose of securinq payment of said aurn of S ~~0 a~n end the performance of the
covenants and agreements hereir,after e~e~sed, end for drvtn good end valuabie con~iderstions, by these presents, does grant, ba~gain, seli, remise,
release, tonvey and confirm unto the MORTGAGEE, it~ tuctessori and atiigni, ell that cartain lot, piece or parcet of land, situate, lying, and being in the
~ounty of S~? n~i I+UC~ A and State of Florida, deuribed at folfow~:
From a point 30 feet west of the southeast corner o`' the so~.zthwest 1~L~
of the sou~hweat 1/!a. of Sectic~n 17, Townshi~n 3~ So~ztn, Ran~e 1i0 East, run
North 1°17-1~2~ East, ~arallel with and 30 feet west of the east l~ne of
sai~3 southwast 1~~ of thg southwest 1/l~., a distanca of 691~.3 feet; thence
south s0°-?~2-1/2~ west, 100 feet to a s ~ake,, the point of be~inning of the
lands herein described: from s~id ~oint o~' beginninQ continue south
~0°~~2-1~2' West, 1?8.~5 feet to a stake, thence west 88.3 feet to a stake;
thence north. 2°-06' west, 87 feet to a stake~ on the aout?~. ri~ht-of-way
Iine of Okeechobea Road; thence alon~ the south riaht-flf-K~y line of
ukeechobee ~oad, on a curve concave to the northwest~ rur~ 142.1~ feet to
a stake wr.ich bear~ north 3g'~-17-1,/?_' west, at a riistance of 12Q feet
from the noint of be~inning; tlience south 39°-17-:~/2? East, 12Q f~et to
the poin~ of be~zinning;~
T!?7.S zs a spcona r?aort~~~e suh~ect to a iirst to FirsL Fed.aral Sav~_n~s ~c Loan
Association ~f Fort Pierce in the amount of $3,000.00, dated t~nril 1, 1965
and re~orded in 0. R. Ro~k 116, re~ze 237,=
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~ together with all and iingular the tenements, heredifaments and sppurTances thereunto belonging or in anywise appertaining thereto, and ell rentj, issuea,
proceeds and profits accruing and to accrue from said premises, nll of which err inciuded in the above and foregai~g description and habendum.
! TO HAVE AND 70 HOLD the above described and granted premises un!o the said MARiGAGEE, its auccessors end assig~s forever. And the uid
E MpRTGAGOR for hairs, executors, administrotors and ass;gna, hereby covsnant~t with th~e said MOR7GAGEE, its succsssori snd essigni,
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rhat -+~8-~-~~'~--- lawfuily se~zed of the sa~d premises in fee airnpls; that the earne arc free, dear and discharged from ail {iens and encum-
6rances in law or in equ~ty, and that ~93?' will and tnei ~ heirs rhall warra~t and defend the titlo to the same to tha said
MORTGAGEE, iti successors and assigns, forever egai~st the tawful cleims and demend: of all peraoru;
PROVfDEO, ALWAYS that if the MORTGAGOR sha~l pay unto the MORTGAGEE fhs promiisory rwte hereintxfore deacribed and ~hatl truly, promptiy
and fully perform, d~scharge, execute, complete, comp!y with and abide by each and every the stipulations, egreements, conditions and tovenants of said
pr~m;ssorY no~e and of ihi~ M~rtgage, then thia Mortgage nnd the Earate hereby treated thelt ceesa and ba nvlt end void.
IT IS UNDERSTOOD fhat fhe word "Mortgagar" whet'r.er in the singuiar or plural anywhe~e in th;s Mortgage, shall be si~g~lar if one only and
ahail be plural jointly and severally if mcre than one, and that the word "their" as uoed enywhe~e in this Wtortgage shall be taken to mean "h~s," "hen,`
or "ita," wherever the context so ;mpliei or Admit~. Also, thnt vrherever there i• e reference in the cov~nants and agreemenh herein confain~d to any of
the partiea herera, the same shall be consrrued to mean ai weli a• the hsirs, leyal representatives, s~ccessori and aisigns (either voiuntery by sct of the
partiet or involuntary by operation of the law) of the same and that tho covenanti herein contained thall bind and the benefits and advantages inure
ro the respective neirs, iegal representativ=a, successors and ass~gna vf the parfies hereto.
Rrd said Mortgagors, for themse~ves and their heirs, le9al rrpresentatives, succeseors and axsigns, hereby jointly and severally covena~t and ag~er
to and with the sa+d MORTGAGEE, irs successors and assiyns:
l. To pay all and singular thc prirxipal and in,ereit and the verious and sundry sums of money payable by virtue of said prom;ssory note, and thiy
mortgage, each and every, promptly on the day~ resprctively the same seversUy become due.
2. 7o pay al! and •ingular the >ax»s, assessmenls, levies, liabilitias, obligations and entumcrencet of every neture and kind now on said dascribec
property, or that hereafter may be impoted, suffered, piaced, levicd, or aueised thereon, or that hEreafter may be levied or assessed upon this Mortfl-
ege, or the indebtedness secured hereby, each and evary, when due and payabte, eccording to lew, before they becoma delinqurnt, and before sny interest
attzches or any penalry is incurred; AND SNSOfAR A$ ANY THEREOF IS OF RKORD THE SAlV~E SHALL BE PROMPiLY SATISFIED AND DISCHARGED OF
RECOR~ AND THE ORIGIhAI OFFIUAL DOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEfPT OR THE SATiSFACTION PAPER dFFtCiAIIY ENDORSfD
OR CERtIffED1 SHALL BE ALACED iN 7HE HANDS OF SAID MORTGAGEE WI'fHIN TEN DAYS rlEXT R~TER PAYMENT; and in the event ihat any thereof is not
pa~d, sat sfied and discharged aa'd MORTGAGEE may at any time pay the same or any part thereof vvithout waiving or affecting any option, lien, eguity or
•iqhr under or by virtue of this mortgag? and the f~li Emount o.' each and every serch payment shaN be immediafely due and payable and 3ha11 bear interesr
~rom the u'ate thereof ur.til pa d a! ra!e of n~n? pe~ tentum per annum~er~ t9p wrth such i rerest •hail be secured by the I;en of th'f morgtege.
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