HomeMy WebLinkAbout1957 , l~~s
rH~s i?~Nru+t~, +~.d. r+» 3rd d.r of ~__~nt~~n~~~. ~.o. i4 r, t.~.«~
Charlea M. Pt~„arr tnd' $~~,a~e~la I~ p~~,, hia vif~,
~
S~r . Luc ie ~~M p~~ ~~iMhw ti~siqMMd a~ fM "MORTGAGOR," and FIRST FEDERAI SAViNGS AND IOAN
ASSOCIAtlC~N pF fORT p1ERCE, a aorpo~~tion o~nis~d ~~d ~x:~tkq ~edK tM lavw of tM United Stat~s of Amfrtu and h~virg itt piincipal plaa of
b~alrw~s 1n Ihr Ciry ef Fort Fwp, St. luti~ Coun~y. Fb?fda„ Mninafta dniyrut~d s~ th~ "MORTGAGEE:'
M?HEREAS 1M NK)RTCrAGOR b justtp ind~btwd 1o th~ MpRTGAGFE in rlw wlr~ of f~8 a_..B~Q . yood and lawful mor+~y o~ the Unitrd •
SNtp ~vanc~d by 1M MORiGAGEE unto th~ MORTGAGOR, ~s ~vidented by a certain pr~miawry nota of even date f+~rewith, of which tha followinp in
= 1 U: vV V• QQ• trw tOpy. I~wit: 1~
~J~~ ~
. Fat Pierc~. Florida, - S~lpt9mbe2` 3. 19~
Fw w!w rrt~ived, 1, vw or tithw of us, p?om/~~ t pay, without d~falcatior~, to the ordsr of FiRST FEUERAI SAVINGS AtJD IOAN ASSOCIATION Of
fORt PIpRC~ at Furf Pi~rr~c+e, Florida, tM sum of ~ 1`~! ~00 • Q~ w;th interost from data ~t th~ rata oP ~96 ptr annum, in montfitv in+tell-
rn~nrs u foliows: ~ 1~7 • Qa en th~ th day of 19~_ and e like wm on tM mrreapor?dirg d~y of ~ach month thsrr
afta vntil ths who1~ b~ fvlly psid.
E+~ch installm~nt fint iha!! b~ appiiad in paymenf of tF?~ interest and then on the unpaid balance of the principei sum. If default is made in tM
p~ymsnt of a~y insr~llm~nt whan dw, s~d iuch def~ult continues 3p daya, thrn •f the option of the holder, ~nd without any other notica, all tF+r remsining
installm~nh tMG be du~ aod p~yabt~ ~t ooc~. Priviipe is 91wn to pnpay this not~ in whok or in part at any timt without p~nalty. Neither forebsarance,
nor aa~pf~~t~ by th~ holdtr thsreof aker any defavlt in any paymenl~ hereon, shall be deemed exten~ion. A Iste payment :harge of : 6_ 7'r] sl?all be
addsd to ~ach ieut~tlment ramiininq unpaid 7 day~ sfter itx dw d~ts, ~nd a lika sum shall be added to each such in~tallmtnt remeininq unpaid 7 days aft~r
Mch tvttyedi~0 Wym~nt dst~.
Estfi m~k~r, surety and andws~r her~of, jointly and teverally, waives demand, presentment protest and notics of prote~t °or nonpayment, and furthK
agrew ta ony ~xt~niion of time of psyment, either before w after maturity, without netice to any of us; and to pay all costs of c~llectior~, includiroy ~
reasoneble attoraey's fee in the event of any defeult fiereunder, and hereby several(y waives alt benefit of hamexread and axemption under the conatitution
and lews of tach St~te of ihs Unitsd Ststes, as againet this ob~igation or eny exte~sio~ or renewal hereof.
Witnes~ tM hand and ual of esch party.
y,~„~ Cherles M. Ph~rr (SEAu
S~ Elizabeth Pharr (SEAIa
- tsEaU
ts~w~1
c $?R
-..2o a st.h R4~M,~. .
(Sramp~ cane~ll«! on ori9in~1 nor~)
NOW, THEREfORE, the MORTG~4GOR fw the ur 18 800.
p posa of aecvring paym~~7 of ~aid sum of ~ ~nd the perform~nca af tM
cov~nanfs snd sqr~sment~ hertinaftar expressed, and for diver~ good ano valuable cornideratiom, by thase presen», doe~ grant, ba~qain, :eli, remiie,
releass, conwy and confirm unto the MORTGAGEE, Iri ~ucceswrs ?nd assign~, sll that certain lot, pieu or parcel nf land, tituate, lying, and bei~p In tha
County of - ~t ~ T•»C~A , end Stete of Flor;da, desuibed ai follow~:
Lot 5, Block 4, of CRAMER~S ADDITION TO FT. PIERCE,~ FLORIDA, as per plat
thereof recorded in Ple;t Book 2, page 10, oP the gublic recor~is of St.
Lucie County~ Florida,
D ~
~ r \!1 'rl~Y ~itQ~~ ~
~ 618~-~ ~~R O~ 19~1.
a~c~LASS'c' `"t~RZO~a;'".`~~„rt ~ STATE ~ ~~OR1~A•
9~~~~ Hrt GµAp Cltrk CI'tt~ • ,
PVRSUA ~ZCt~.s.. . ~~,µg5 ~ ~ ~P .TAX . .
~~~,ER 4~ CV~~IS M ~ ~ ~ SEP•T63~ ~
A9ent E~r ~ ox E- U a
2e za-
St, ux~ Gk~,~ v~,p~tr ~ P.B.car~r~ou.~a ^ ~
~Y
toyether with •td snd ttnquler the tentmsnb, hereditamant~ arxl appurtances thereu~to belw~ging or in anywiie sppertai~inq iher~to, a~d •I~ rtnta, issws,
prcxssds •nd profih atcruing ~nd to accru: from ~aid premiset, ail of which sre included in the abovr and for~yoirq deuriptio~ ~nd fiab~ndum.
TO HAVE AND TO FiOLD th~ above dttcribed ~nd ~pranted premiset unto the iaid MORTGAGEE, its suctaswn ~nd suiqnt forev~r. Md fM said
MORTGAGOR far the~Z~_~_ ~;rs, executars, sdministrators and a:signs, hcraby covenanri w~th she said MORTGAGEE, it~ ~vececeore and auiyns,
tMt th~~ Iawfvlly seized of thr wid premises in fee :impts; that tiw ume are frte, cls~r ~rd diichar,{~d from al! li~ns ~nd ~
brancss (n I~w w i~ puiry, sr+d tMt _ th@y will and their heirs ~hsll wa~nnt and d~fend tFK titla to the aarrk to tM said
MORTGAGEE, its tuct~stora snd assi9m, fwevtr aysintt tlu lawful claims snd demsnds of ~II perwta; - `
~ PR~YiDE~, AlWAYS tfiaf if tM MOR7GAGOR shstl pay unto the MORTGAGEE the promi:wry no~te hereinbefore desKribsd +nd ~hall tru?y, pramptly
j ~nd fuUy p~rfo?m, diKF?a?~, tx~tvfe, complets; tompiy with and sbide by esch ~nd every tha ctipuletions, ~gre~m~ntt, conditioro ar~d cortnanta of uid
prom~uovy not~ and of th4 Mortp~, t}nn thii Mortyaye and the Estate hereby crsated ~hatl uue and be null and void.
17 15 UNDERStOOD that th~ word "Mortyaycar" wMther in th~ sinyuler w~iur~l mywhere in this Mortqape, il?all be ~inyular if orN onl; i
~twll b~ plur~t ~ointly and wwnlly if mort tMn ork, snd t~st the wwd "their" ss used anywhara in this MwtqaQa ihal? be tskan to rrwan "h+:," "Mn,"
w"its," wh~rever tM tonttxt ~o im~lie~ ot admiis. Alw, fhst wFierover thero is • r~ferenu in tM covenents ~~d ~yr~ement~ htrein contairwd to any of
th~ puties Mnro, t1~e ~ur~ ~F»II b~ contnued to mean ~s well ~s the hein, ~egs! r~r.rse~tativts, auccesson arsd ~ssiQeu (~itMt voluntary by m of tfw
p~rtits or lnvol~nt~ry by oper~tion of eM iaw) of the s~me snd that the covenant: hertin cont~insd shall bind and tF~e bentfits ~nd advanta~ inur~
ro t!» rssp~ctiw Min, lpal r~e~entstiv~, succ~YSws ~nd su~yn~ of tha pa?tie~ hareto.
llnd ssid Mortppas, fa thtms~lvss and their heirs, leqal representativas, succeuors and ~uipm, h~r~6y jointly and av~r~lly cown~nt ~nd ~er-*
to ~nd with tfi~ s~id MORTGAGEE, its suee~sso~s end sasiqru:
1. To p~y •II rr?d sinp~lu iM princtp~l and intsrat ~nd tl?~ varioui •nd rundry sumt of rtaney payabl~ by vi?tw of s~id promissay note, and thi~
mwtqp~. Mch and evsry, promptly on th~ d~ys resp~ctiwly the same s~wrslly beco+n~ due.
4. To p~y ~II a+d si^g~lu th~ t~xN, ssa~ssrnenri, tevies, li~bilities, obli~~tions ~nd encumbra~cea of wary rntvre snd kie?d now on said dsscrib~d
W~Y, or th~t hwr~u m~y 6? impo~rd, wffsr~d, ploeed. l~wi~d, o? ~p~ased thenwn, a tfut hrr~e~ftn may bs !~v»d w asw~a~d upan ti~is Mortp~
sQe, w Me b+d~bf~drns~ ~cw~d F~~by. ~+d~ rnd wery, wMn dw ~d payabl~, ascwdinp ro liw, befon they b~cam dellnq~fm, ard b~iw~ w?y iMVrNt
~tt1CFfn W ~ryy pfMfty i~ int~rr~d; ANO IPlSOfAR AS ANY THEREOf IS OF RECORD THE SAME SHAIt BE PROMPTLY SATISFIED A~ID a15CM/1itGfD Of
RECORD ANO T11E ORIGtNAt OFFICIAi DO~CUMENT (StJCH A5, FOR lNSTANCE, THE TAX REtEIPT OR JHE SATISFACTION PAPER OfflCfAtlY ENDpRSEO
OR CERTIfIED) SHAII 6E PLACED IN THE HANDS OF SAIU MORtGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in tM ~vent tFwt ~n~r fMrsof ia no1
p~id, ~aYtfiad ~nd disch~ryed s~id NWRTGAGEE m~y ~1 sny time ps•/ tM same or any part thereof witlw~t wiivi~ or ~ffetting any aption, IiNe, squity or
•iqhr urxier or by virtue of th+s mortQaQe ~nd the full amo~nt of eath snd every ~uch payment shall bt immedistely due •n+l pay~bl~ and ~hdl be~r intsryt
Frwn the d~t* thKSOf until piid at r~t~ of nin~ per centum per •nnum a~ ~ Nher with such interest shal! be secu+td by the li~n of th;s mwqtpt,
80~~.~~ i55
_ _ -