HomeMy WebLinkAbout0652 ~ - : ~ 13'~ r -~r ± ~
THIS 1NDENTURE, lM~~ tl~~... ~d d~ of A~at ~ ~.a ~9~`~ 6~~'"'~~"
A. K. Hoaka~ay anc~ Jewell Hoakaday~ hia yit'e -
~ 3aint Lu~i ~ Cp~ntyr Flwida, h~rfin~fhr dNipn+tsd ~s 1M "MORIGAGOR," a~d FIRST FEDERAI SIIVINGS AND LO~?N ~
ASSOCIATlON Of FORT 11ERCE, ~ wrpaario~ arq~niz~d ~nd ~aiainp ~ndw tM lavw ol the Uni»d St~r~s af Arr~k~ ~e+d Mv{np in prl~cip~l plm of
bwiMx in t1w City of Fort PiKCe. St. luct~ County. Fia~ida. h~?~inah~r d~sfpna»d a tM "MOR7GAGEE:•
VNHEREAS IM MOkTGACsOR b ~wtiy ~bad to fh~ MORYGAGEE in th~ wm of ~0,~ OOO r Q~ yood and lawf~l monsy of th~ Uni»d
St~ta adwnc~d by tF» MORTGAGEE unto tM MORTGAGOR, u~vid~nc~d by a cM~in p?omiswry not~ of even dats M+~with, of which tM followPn9 ln
word~ and fi{~urq h a trw aopy, to-wit: •
~ 30~~ Nd Q~~.~
Fert P{.~a. Florid~, ~~ZQlls t ~ -19b.~._
Fw vaiw ncsived, 1, vw or eitM~ of us, promise to pay, without d~falcation, to th~ ord~r of fiRST FEdERAI SAVtNGS AND LOAN AS30CtAT10N Of
FORT PIERCE ~t Fwi Phrce, fiwid~, tfie sum of with int~r~at from dat~ at t1n r~N of ~96 pK ~nthly initalh {
ments u foilows: ~ i~~ ~ on the 1 ~ay of K~00 ~ 19~ aeid • like sum an tl» oorrapondir~p day of ~ach moath th~rr
ah~r untH the whol~ bs fully paid.
E~cfi instsliment first sh~ll br appiied in psyment af the fnfe~ett and then on the unpaid L.~ance of the princip~l wm. If dtfwlt k made in tM
p~ym~nt of ~ny InsUllrrHnt wMn dw, and such def~ult continwa 30 days, thsn at the option of 1M holder, and witho~t ~ny other notice, all th~ rerrNininy
inata"m~nri siuN ba due ~~d payebl~ ~t ax+. Privilep~ is piren to prep+y tfiis not~ in whole or in part ~t any t~me without penalty. Nsithtr fonbe~rarx~,
nor +c~taptane~ by tha halder thtreaf aftar any def~uh ln anY paYm~ny hareon, shall be deemed exten~ion. A late p~yment char~a ot ehall be
edded to ~ath tr»tallrrwnt nm~ini??q w~paid 7 days aher i» s!w d~te, and a lilu wm ah~!! be sdded to e+ch ~uch instaliment rsmsininq w~paid r diys afNr
~ach wcce~dinq p~yrr.~nt dare.
E~ch makN, ~urety and endoner hereof, jointly and severaliy, waives demand, pres~ntmer+t protast snd notice of protest for no~paymcnt, ~nd fvrther
agrees ta ~ny axtansion of tim~ of paymrnt, e3tFwr before or aftar maturity, without notice to sr~y af u~; and to pay eil m~ts of coilection, includinp •
reasonabte attor~ey'~ fee in fhe event of any default hereunder, and hereby severally waives all benefit of home~te~d and exemption under the constitvtbn
and laws of eech State of tM United States, es agsinst this obliflstibn w 5ny sxtansion ix rcnewe! ?~ereof.
Wit~au tM hand end ~eal of each party.
~ A. K. Hock~y cs~?u
~u
~ ~?u
( 'T ~ ~ _ 1 StaM Revenua ~
(Sqmp~ u~xel~ed on «ipinal not~)
NOW, THEREfORE, thr MORTGAGCIR for tM purposa of securing payment of s+id sum of S ~~~~~"00 ~nd tt+~ perfarmsrx~ of th~
cov~nants ~nd syreements he?sinsfter expre~fed, and fa divers yood ~nd vslu+ble cansiderations, by thew presents, dots qrant, b~rq~in, ~ell, remise,
releese, Conwy snd confirm unto tia MORTGAGEE, itt tuttessors and aa~iyn~, sli that tertsin lot, pien or putel of land, situat~, lyir~q, snd bsinp in iM
Coumy af Sa~.Ylt LuCis ~nd 5tste of Florida, desraibrd ~s folloMn:
The South 297 feet of tha North 1122 Seet of the N~14 of tae NE~ of Seation
3I~,, Tordnship 35 South, Range t~0 East, leas and excepting the Pollowing:
The West l~1~ feet of tha South 198 feet nf the ~:arth 1122 feet of the NW4
of the NE~ oP Section 3t}, Ta~rnship 3~ South, Range !~0 East, and alao
right-of-Nay ~'or U. S. High~ay No. 1~ ?
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4ogeth~r with all snd sinyulsr the tenementa, here3itemenn and appu?ter~ces thereunto belonqiny w in anyrvise appertei~3np theralo, ~nd ap rente, iswas,
p~oceetJs and profih xcrui:p and to accrue from said premise~, all of which ~se ~r?clude<i in the abov~ artd faegoiny dswiptla+ ~nd hab~ndum.
~
TQ HA1iE AN6 TO HQ~
^!~a ahovs ciescribed end gr~ntad p?emiees unto the wid MORTGAGEE, its iuccetsors +nd aui~ns forewr. Md tFk tafd
MORT~JAGt~R fw -'~h~i~' hetn, ezecutors, administraton and auiqnt, hereby mv~nanri with the a+id N10RTCsAGEE, its 6uctessors tnd wsiyrn, ~t
ii~ai ~a~~~ larrfully ieized of tfie s+id prsmises in i_~ timple; that tF» s+ms sre frse, c{sar ~nd distharpsd ~rort: ~II {i~ ~?~d s+xurrn ~
b~~nces in law or in ~uity, end th~t ~he S-- will and thei r hoin thall w~nsnt ~nd defsnd tFk titk to tM sartN fo 1M s+ld
MORTGAGEE, iri tuccessw~ ~nd auigns, forever syainst tM lawful cl~ims and demarnds of all per~xa; ~
PROVIDED, AIWAYS thar if the MORi'vAGOR shall pay unto tM MORTGAGEE the promi~oty nots Mreinbefort destribsd and ~hoN huly, pramptly
~ •nd fully p~rform, diuhirg~, ~xxute, complets, Comply with snd abids by e+ch ~nd ~vety 4M stip~latioru, sqreemtnri, conditlwu and covt+wnri of aid
~ promissory not~ and of this Mortgaqe, then thi~ Mwtgage and the E~tete her~by ueatrd ~hail ceas~ and b~ null ond void.
IT IS UNDERSTOOD that th,e word •,Mortq~qw•• whether in ttk •inqul~r or pt~rii anywher~ in thi~ Mortqa~s, thall b~ sirpula if w~e only +d :
shall b~ plural jointly ~nd ~everally if mar~ th~n one, ~nd thst the wwd "tMeir" ~s uted anywMrs in thit Nbrtyaq~ ~h+ll b~ taken to mean "ha;' "h~n," ~
a"its," wherever the c~ntoxt w implles or ~dmin. Also, that whereva thsre » a rtfsrt~u in th~ tw~nants ~nd apreements hertin oont~lr+~d to u+y of
~ tlu partle~ hereto, tfi~ sa+r~ sPull be construrd to mesn as well si tFu hein, l~al r~pcesant~tive~, s~tceuors a~d ~uiqm (either volunary by act of tM ~
p~rtia or invaluntsry by op+x~tiv:~ of the Isw) af the same ~nd thst the covenanb Mnin coMsihed ~hall bird and tM ban~fitt snd adventspN irwn ~
to tM rnp~etive Fwirs, Ip~) rspresentativa, wccessas and ~u°qns of tM pa~tiK MrMta
And ssid A~lortg+gws, fw themielvef and tfitir heirt, leqa! r~pr~sentativss, sutt~s~af u~d atsiyns, hereby jointly snd stvarslly cor~nf and aprM
ro end with tM tsid MORTGAGEE, iri succrssors ~nd suipr+a:
1. To p~y sl) and ti~y~l~~ tM prirKipal ~rn1 int~res+ ~rx! the wriovs ~nd wndry wmt of moMy paY~bl~ by viHw of s+id promiswry note, and thi~
. ~rw~tgps, ~ach snd ewry, promptly on th~ day~ r~sp~ctiwly the sam~ s~w~slly b~come dw.
2. To pay •II ~nd unqul~r Nw tsxes. ~ssessm~nts. I~vies, t;abiiitie~, obligatwn~ ar~d Mcumbwnas of ~wry natw~ a++d kieid now on ssid daafb~d
propsrty. w that her~rftw may bs impoMd, wfff?d. Pl~c+d, kvi~d, w a~ud therwn, a tFwt her~aha rnay be {wied o? aa~esNd ~pa+ this Mor1~ -
age, w tM ind~bt~dn~ss acund her~by ~ach a~d ~wry, wh~a~ dw a~d p~y~bl~. ~ccadirp to Nw, brfa~ tMy besome delinqwrtt, and befw~ ~ny Int~est
sttschn a~ny penahy is i~tu?red; AND INSOFAR AS ANY THEREOF IS OF RECORD iHE SAME SHALL SE PROMPTIT SATtSF1ED AND DISGHARGED OF
RECORD AND THE ORlGINAL OffIC1Al DOCUMENT (SUCH A5. FOR lN57ANCE, THE TAX RECEIPT dR THE SATISFACTION PAPEit OFfIC1Al4Y ENDORSED : ~
OR CERTIFIED) SHAII SE PLACED IN THE HANDS OF SAID MORTGAGEE WlTMIN TEN DAYS NEXT AFTER PAYMENT; and in tl» ewnt th~t u~y tfierwf u na
pai~, sat'ified ~nd discharQed utd MGRTGAGEE may at ary time pay ths ssmt w any part the+eof without waivir?y w affactiry my optio~, tiK+, ~quity or
•iqht und~r or by virtw of fhii mortqaqe and the full amo~nt of esch ~nd every such payment sh~11 be immedietely dw +nd peyable and shali be~r {ntKest .
kom the dat~ thsieof u~1i1 p~id ~t r~te of nins per tentum per annum a t with ~uch int~h+ll be s~tured by the lien of th:a morqt~.
BOOK a
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