HomeMy WebLinkAbout2932 3'~ ~3:~:3 ~,r'
THlS iNDENTURE Msd~ tM 1S~ d. of Jul~7~ ~ ~.a. ~9..~~
John G, Padan an~d Kather~e --Paden, a u e
of _Sa~nt Lucie Ca:nry Flwid~, h~reinaftN dn3pn~ted a~ fhe "MORTGAGOR," and FIRST FEDERAI SAVINGS AND LOAN
. A550CI~ATION OF FORT ~IERCE, s cwpor~tion oryanis~d ~nd •xi:tiny undK !h~ f~ws of tIN Unitrd Stath of Am~ric~ and h~vinp th princip~l p{ac~ of
bu~in~a~ In tM City of fort P1ac~, 51, LuNo Covnty, f{orid~, h~roin~ht~ dniynat~d ~a tlss "MORTGAGfE."
MIFIEREAS tM MORTGAGOR is ~wNy intl~bfaci ro thr MOR7GAGEE in ;M ~um of ~._....l.l.~.~~.~ ~Q yood end lawful mo~ey of th~ Un~ted
Stets~ adv~nced by ths MORTGAGEE unto thc MORTGAGOR, svidencsd by a certsin p~omifswy nota of even defe hsr~with, of whith ths follawinp {n
wa~ds ~nd fiyuros is • trw copy, to-wit:
j ~~0~~s~0 ~ ~.2~~~
Fnrt Piert~, Florida, `ju~~ l~~ 19
for value txeived, 1, we w either of ut, promiae, to pay, without dsfaltation, to the ordsr af FIRST FEDERAI SAVINGS AtJD LUAN ASSOCIATlON OF
FORT PIERCE at Forf PQieRrta, ^fb,~rida, the sum,of~ S,~,y,,i~ ~ 0~0 ~ Qo with int,~ere~st from date et the rste o~~ per annum, in rtwnthly instalb
menrs st foilows: 3-51SLa]L5~ a~ the ~.ZS~day of NQne ~er , 19 and a lika •um on tl+~ wrrespondiny rlay of •ach month tMn-
after unti! rhe whale be fully paid.
Each installment fint shall be app+ied in payme~t of the 7nferest and then on the unpaid balance of the prinupel wm. If defeuh i~ made in tF+~
payment nf sny instillment when due, and such daf~ult conti~~et 30 days, then ~t ths option of tM hoider, and without sny other notice, ali the ramsin;ny~
instalimentt •hall be due and payable at once. Privileye i• qiven ta prapay fhis note in whols or in perr ~t ~rty time wirhout penalty. Neitha~ forobestirxe,
nor etteptance by the holder tFsrreof eftar sny defau~t in any paymerttt hercon, thali be deen~ed exter.sion. A leTe psyment chargs of S 1• ~ ~ sh~ll be
addrd to each instaliment remaininy unpaid 7 dayt efte~ its due Q~te, and • likn ~um sha~l be added to each such irotallment r~meininy unp~id 7 d~ys after
each s~cceadirg peymant data.
Eech maker, surety and endorser heraof, jointly and severeNy, waives damartd, presentment prote~t end not;ca of prottft for nonpayment, and further
agrae~ to any eztenaio~ of time of payment, e~ther befnre or after meturity, without notice to any of u~; and to pay all costs of collection, intludinp •
reasunablc attorney's fee in the event of eny default hereunder, and hereby severelly weives ell benefit of homestead and exemption under the co~stitution
and laws of each Stete of the Unitcd $tetes, aa epain~t this obligaNon or any extension or renewsl hereof.
Wiiness the hend and ~eal of each party.
s John C. ~aden cs~Au
8 8 t~lBx' T19 p8t~$21 (SEAI)
(SEAI)
( 16 ~ ~ State Revenw
(5ramp~ untelled o~ ariyinsl note)
NOW, TMEREFORE; the MORTGAGOR for the pvrpose of ~ecuring peyment of »id •um of ;_~,,a Qn~. ~Q arsd tha performanc~ of th~
rov~nants and agreem~nts hersineftsr exprcssed, and for divars yood er+d wluabl• contideretions, by thn~ pres~nt~, do~s qr~nt, berq~in, sell, remi~~,
releese, convey and canfirm unto thr MORTGAGEE, ip ~vcces~on ~nd ~aigns, all th~t tertein lot, pieu ot p~r~l of land, ~ituatt, lyin~, and b~ing in ths
County of S i~- - T• ~Q { e snd State Af Fbrida, d~serib~d ~s follrnwu
Lot 22 of Bl~ck 27 oS' SLT1+iLAND ~AP.DENS SUBDIVXSION, aa per nlat t~ereaP on
file in P1at Book S, at page 32, of tlZe nublic records of Saint Lucie
County, F~ c~ri da,
o~,
~t~?tu ~N r,~r~serr of ~,,xe~
hC~~~ [~^i CLASS'C' iNTAR6IBLE ~FRSnNA~. =R~(=ERTY.
l~URSU/lNT70CHAP7Et%20774, nrt; n~ ~yAl,
ROGFR PCi':~' , CI-:rk CirCVir urP
cs Ar~~' f . r ::U. ; ~5 tA. J/11AC ~ r. _ ~
5t. Lucie Cc~~niy ?ax Coltettor "~T~~ ~ ~ ~ O~
c~~.~-z~, ~ odcu~e~r " T~MP TAX
~-~J ~ ~ o '
g~. ~ ~ _ J11114'65~" ~
DEPUT7 C4.ERK ~ r
r~ ~ ,~'i.;?Q=
N C01~1PYRCLLER ~
~8.190138 - a'` '-~-~..r'~.""""'*~
togeth~r svith ali a~d •ingular the tenements, hereditaments •nd appurte~xes thereunro balonqiny or in anywlst appenaining t~ertto, ~~d ~tl r~nti, tuws,
proceeds and prv(ib eccruing •~d ro accrue fram iaid premises, all of which sro included in tha abov~ and for~oinq descrlplion and F.+~bendum.
TO HAY~ AND TO HOID ths sbovs deicribed snd pr~nted premises ~nto the t~id MORTGAGEE, iti suttetsort and i~siynt forevN. And the faFd
MORTGAGOR fof - th~~ he;n, exacu!orf, sdministrators a~d e~signs, htreby tov~nantt with 1Fe~ said MORTGAGEE, iri succeuat ~nd sftiprq,
that th~Q AT'R ;awfully seized ~f tht saed premise~ in fee •imple; th~t tfi~ sartw are fraa, clsar ~nd di~charflsd {rt~m afl lierq and entum.
bronces in law or in equity, and that th~~ wifl and -.~~~~1° hein ehall wsrrant ar~d d~f~nd t}w titl~ to the ssrt» to tf?~ sskl
MORTGA.^.,EE, its wccosson srcd auiQns, forever aysins~ the lawful claima and demar?d~ of all penorui
~ PROVIDfD, ALWAYS ihat if the MOR7GAtiOR ahsi! pay unto ihe MORTGAGEE thr p~omiwsory rwt~ hersinbefw~ described and sh~ll truly, prompsly
end fuily perfwrn, discfiarpe, executQ, tomp~e», cam~ly with and ebide by each ind every thr ~tEpvlstions, ayreements, co~ditions ~nd covenants of ~~id
promissory noi• and of thit Mortqage, then thi• Mortyaqe and ths Estate hertby veytst! tha!! ceaet and be rtutl +nd void.
17 t5 UNDERSTOpD tf~t the word "Akortgsgor" wFxther in tiie sinQulsr or plural snywl~ in thit Mortyap~, ~ha11 be sinqufa if orn o~ly ~d
sh~ll be plural ~ointiy ~nd sev4rally if more than o~, and that the word "their" ~i vsed anywfiere !n this Mortqe9e ~lull b~ taken to mean "hi~;' "Mn,"
or "its," wherever the context io implip or admits. Alw, th~t wherevtr there it • ffflf@PICf in the toven~ntt and prstrmwnb henin tontsin~d to any of
th~ partief hereto, tfis aarrk ~htll be cw~arrued te mesn s~ welf s~ the Mirs, tpil r~presentat(vw, succsuors ~nd aaiyrn (either volvMaryr by ~ct of tht
parti~s or inval~nt~ry by op~ratio~ of tiie Isw) of the same and that the cover?~nty h~nin contsi»~d ~hall bind a~d tfs~ benafira and ~dwntapK Enur~
to th• re~pactiw heirs, iepal represoMStivr~. ~ucce~wr~ ind a~a~flns of ths partNS Mreto.
A»d said Matpaqon, fw thsmielv~s and tMir heiro, legsl reqr~sent~tiv~t, ivtc.~sKxs md aaiym, h~nby jaintly ~rtd tevtnlly tovan~nt ~nd ayrwr
ro~~d with the s~id MQRTGAGfE, in wccasa~ •nd suiq+u:
l. To pay •tt and ~inflular the prirxipal and interest and tfie v~rious ~nd :undry eums of moe~ey payabls by viRw of said promiawry nots, ~nd thN
rtwrtqay~t. ~ach ~nd ~vwy, p~omprly an rha dsy~ ~qpecliv~ly YIM sam~ savsr~ily becoma dw.
2. To pay ~II ~nd ~ingular H+e ta:a, as~essrr~na, I~viK, i»bilitis~. abliyatioru and ~ntwnbra~c~t of every netvr~ ~„d klnd now o~ wid d~~cr;bed
proaeriy. a tt+at hsraaft~r may 6~ impw~ed, svffKed, Wlated, Iwied, or aatssed ti~~on, or that FNr~~ft~t m~y b~ I~vi~d a~usd vpo~ this MorYQ.
sps, or tht indibt~drwa acurd htrtby, ~~ch and every, w1~sn due ~nd pryibl~, accwdinp to Iaw, btfa~ tMy btcane dvti»qwM, ~nd b~fore any irttK~t
att~ches or sny penalty is incvrred; AND lN50FAR AS ANY TMEREOF V5 Of RECORO THE 3AME SNAII dE PRC7MPilY SJITISFIEO AND DISCHARGEO Of
RECORD AND THE ORIGINAL OfflCtAl DOCUMENT (SUCH A5, FOR tNSTANCf, THE TAX RECEtPT OR 1HE SATlSFACIIOI+1 PAIPER Offt~LlAILY ~HDC~RSfD
QR CERTiFIED) SHAII 6E PIACED ~N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in th~ ewnt that ~~y tMrsof is nal
p~+d, sst'sfied •nd di~cherqed sa:d MORTGAGEE msy at sny time pay the same or ~ny p~rt lfiereof without wsivinq Ot ~ffectinp sny optio~, iErn, p~ity or
.iqhr undar or by virtue of thit morrpaqe snd the full emovnt at easb snd every suth psyment shall b~ immadierely d~.ie •nd paysble and sh~~l bra inf~rott
frar the d~ts therevf untit paid at r~te of nine per cent~m per annum and t ether w~th ~~ch intsrest ~hall b~ iecured by th~ lien Cf th:• morytaQ~.
BooK~22 5~9
- ~