HomeMy WebLinkAbout2342 I~~i;i`~(a ~
THIS INOENTURE, M~ t1» 1 3 th_- d~y of ~ -3`
L~mbg r A-D. i9~ b~tw~+n
Roland B. Nicholson and ~lisabQth ~iehols~' h~_~ti~.,
Jt . LL1Q~@ , Covnty fiorida, h~r~i+whK dNlpnat~d as fM "MORTGAGOR," ~nd FIRSi FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIEYCE, ~ corpor~tion orpaniz~d ~nd ~xistiny ~nd~r tM I~vv~ of tM Unitsd S~~ta vf AmKiu and h~vl~p ih~ princip~l pl~u of
buunas In tlw Ciry of fwt Pi~ru, St. lucie Cou~ry, florida. INf~iM~iM dMlpMt~d a tM "MORTGACsEE.••
WHEREAS tM MORTGAGOR is ~v~tly ic?~bt~d to tfi~ MORTGAGfE in iM wm of = 1~~ • pood ~nd Iawful mon~y of tM Un;t~d
5!~t~s ~dvanced by ths MORTGAGEE u~to tM MORTGAGQJR; ~vidsnced by • c~n+in Qromiuory not~ of ev~~ dat~ hsnw~tF., of which tM followfnp {n
wwd~ •nd tiqurq i~ ~ trw copY, towit: •
l. f~ ~U~ . ~ Na 1 1
~ P~~, F~~~~, November 1 19
Fa valut recei,rsd, I, w~ or either of us, promise tn pay, without d~falcuion, te the order of fIRST fEDERAI SAVINGS AND IOAN /1554CIATION OF
FORT PtERCE at Fo~t Pierce, florids, fhe ~um of ~ 17 , • ~U w;th interest fram datt ~t tM rat~ ptr ~nnum, in monthly initall-
rmnts aa followt: S 170 on tM~Sth d~y of December 19~ r lik~ wm on ths corn~pond~na day of ~xh mo~th th~rr
•ft~r until the whol~ be fufly paid.
Eech installment fir~t shall ba applied in paymsnt of the interest and then on tM unpaid bal~~ce of the prlncipel rum. If default is matle In tM
payment of sny installment when due, a~d such default continues 30 day~, then at the option of tha holder, •nd without •ny other notic~, all the r~msini~y
inrtallm~nts shall be due and payabl~ +t once. Privilp~ ia yiven to prepsy thi~ ?ate irt whol~ or in part at any time without p~naHy. N~itRher ~fonnbNrance,
nor ~aspt~nce by the holder thereof atter any dsf~ult in any paymants heraon, ihsll b~ desmed •xteniion, A I~te p~yment char~ of f~ b+
•dded to •ath installment remeininq unpaid 7 d~ys after it~ du~ data, •nd a lik~ ~um ~h~il ba added to each such in~tallment r~m~ininq unpaid 7 days after
~ach succ~edin9 paymrnt data.
Each maksr, surety and endorser herwf, jointly and severally, waivat demand, ptesentm~nt proteit end notic~ of protest for nonpaymsnt, ~nd furth~r
aqrrs~ to any txtension of time of payment, eithar befor~ or after maturity, without notits to any of ut; end to pay s~l costs ot collection, includiny ~
~ reasonable ~ttorney'~ fee in the event of any default htreunder, and h~reby ~everally waives all benefit of homeste+d snd ex~mption under tM conftit~rtion
and laws of eath State of th~ Unit~d State~, as against this obl~fletion or •ny extensio~ or renewsl hertof. -
Witn~~e tt» !~~nd and ~~al of each parly.
S R o Z a cs~~U
S ~'lisabeth S. Nicholson _
(SEAU
t ~ 2 5• 5~ t sts» It~wnw
(St~m~ anc~ll~d on oriqtn~l nori)
NOW, 7HEREFORE, the MORTGAGOR for tMr purpose of ~ecvring p~yment of seid sum of i 17 . OOO . OO and tM performanca of tM
tov~n~nb ar+d ~qrNm~nri henin~fter expre~sed, end fior divers flood and valu~bl~ cor+siderations, by thes~ pre~entt, dora ~nnt, bary~in, ssll, rsmiie,
releaa, conv~y ~nd tonfirm unto tfi~ MORTGAGEE, its tvsta~sors and i~iyna, all that certai~ lot, plea a parnl of land, •ituat~, lyinfl, ~nd b~lnq In tM
Counry of ~ t• I•~~ i • and St~ts of florid~, d~avib~d ~s follrws:
The Sr~.-~-~- of t'~e Nr i of the SE4 of Sectio:~ 32, Township 3~ Sauth, Range ~Q
~ast,
~II?li:~l~':;
O
L') .
And mortRagors covenant that they wPre the ~L N;
i d e n t i c g l i n d i v i d u a l s n a me d as grantees in
~r,'arranty Deed from Lawrence N. Borland and --l~ir~,.?:c
Bertha M. Bo~^land, his wi fe, to Roland B. ~Q~,~~!~;~~'~_:,~;'~
Nicholson and Elizab~th S. Nicholson and
bearin~ date ~f January 2~, 19K1, recorded :~w~~ ~ i;
in Deed Book 162, page ~.q2, of thQ pu~lic
„y p ~
'V. ~ ~ S ~
0
~ records of 3t. Lucie County, Flcr d~., ~
IN PAYMENtOFTAXES ~0~~ll~ililllu~.
"l~`~~•; r14=.~'C' INTAVr:~BI~' PEf250NAL Pi70PERY~~
r Ur.,' , , T~ ~;I sPTcR Z'~;Z4. ~..75 QF 1941,
• - - r!•r!c Circ_~~t Court I~1Nf10~
Us r;: ~ r'l' ~;i~ hS. )A.~.'."S 31.~)fll '1S
":r. Lv:ia C~i;n!y ~cx Co!leetar
3Y v----'~.~% _
JEPU7Y Cl,ERiC~~
toyetMr with all ~nd sinyulsr ttr~ ten~ments, hereditamsnn and appurtances tMrevnto bQ{wgfrya or in ~nywia +pF?ert~inirp tfierefo. +nd ~tf n~b, iasu~s,
prote~ and profitt sscruinq and to acave from taid premises, all of whirfi an included in tM rbove and fcnyarp dacription ~nd Mbendvm.
Td HAVE ANO TO HOLD tM ~bove deswibed and yranted premi~a unto the ui~ MORTGAGEE, it+t ~uae~wn +nd +ssiqru forrvK. And tht sald
MORTGAGOR for }hQ~
r-- heirs, executors, sdministr~sor~ and auiqns, hereby covenanri with tM s~id MORTGAGEE, Its succ~ttors and ~tsipna,
tMt t h P ~T Ar e- Iswfully wized of tM said premis~s in fe* simple; tMt t1» am~ an frN, cleer ~nd d'+sch~rqsd from ~II liHU a~ ~ntua?
br~ncn in I~w or in puity, and thst ~heY will and --~h~~=' h~in ihall wsrrant ~+id d~f~red the titl~ to th~ fart» to fh~ u1d
MORTGACrEE, ia auccaswrs ~nd as~iyns, forevsr ayainst ths (awful claim~ •nd d~m~nds of all perwmr
~ PROVIDED, ALWAYS tMt if tF?~ MORTGAGOR shsll pay unta the MORTGAGEE th~ promistay note Mr~inbefwt d~strit»d ~e?d ~hall trvly, prompfly
~ srrd fully p~rform, dischary~, ~x~cute, ewnpi~t~, compty with •nd sbidt by ~ach and wery ths ttip~latiau, agrkm~nq, conditions snd tov~nanri vf aid
pramiuory not~ ~nd of this Mortp+y~, then th~s Morsfl+p~ ~nd the Est~t~ hareby uuted ~hall c~st~ ~nd b~ null a~d vo+d.
IT IS UI+IpER5T000 tFyt tM ~+wrd "Nlor4gepor•• whette~r in the •inyul~t or plural anywhwn in this N1~tgp~, ahall b~ sinpul~ if orw only .,d
~MII b~ plur~l Fo4ntly ~nd e~v~r~tly if rtwrs tMn one. ~nd tt?at the wad "t h~ir" ~s us~d s~ywMn f~ tha Mortg~ ~hall 1» tak~n to me+~ "hw; ,,•h~rs~ ,
w"ib;' whKever the to~hxt w implit~ or admiri. Also, th~t wherewr th~r~ is a reftrenu ln tM tov~na~ri ~nd ~yr~nfs M?tin cont~in~d fo any of
th~ p~rtiy h~r~to, tF» s~mr ~hall be cautrwd ro rraM as well as ths Min, Ipal npres~r+tatiws, successon snd auigru (~itlx~ wlumsry by xt of th+
partiy tN {nvaluntary by oper+tion af the law) of th~ ~rtre ~nd tMt tha covw?ant~ Mr~in contsin~d ~hall bind a~d tM b~n~fits u~d adwntrpp inur~
ro tM rNp~ttiv~ Min, Ipa) r~prtt~nt~tiv~s, wa~ssws and su?yrn of tf?~ partia hento.
And pid Mort~paqon, fw therrweivp +nd tMir h~in, lepal repr~unt~tivn, iucuuott and awtyns, hereby jointly ~nd s~vNr~lly covtnsnt ~nd aqrN
ro ~rrd with tM Ni~d MORTGAGEE, ih tuccts~as and ~uiyns:
1. To pay ail and ~irpula? th~ printipal ~nd interest u+d tM wr'rovs ~nd wndry wms of mornY paYabl~ by virtw of taid praniswry nots, ared thb
morty~. ~ac}~ ~nd ~wry. p~omptly on tM dapt re~p~ctivsly the a~m~ ~ev~r~lty becarn dw.
2. ?o p~y +11 snd sinpulu th~ t~z~s, nussm~nn. Iwas, IisbilitNS, obliyatbru and ~ncumbnnps of wsry rwtun and kind now on uid d~wib~d
Rrop~rty, a ttNt FMn~aftN may k» imrwwd, suff~?ed, Plaeed, I~v'hd, or aarns~d th~nor+, o~ that Mr~aftK enry bs Itvied a a+~a+ed uPon thM MM+*t0°
ay~, a th~ k~d~M~dn~a s~wr~d her+by. Nch and wKy, when dw ar+d p+y+~bl~, ~ocadinq ro taw, bsfon Map k»con» dslioqwrrr, and brfa~ ~n1r M»~?at
att~cMe a any penalty N inturr~d; AND tfdSOFAR AS ANY THFREOF 15 OF RKORD THE SAME SHAII 6E PRON1PTlY SATISFIEO AND DISCHARGEO OF
RKURD ANO TME ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, F~R INSTANCE, THE TAX RECEIPT dR THE SA715FACilON rMER OFFICIALIY ENDORSEO
OR CERTIFIED) SHAII dE PLACED IN TME HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tM tvent th~t eny tMrsof is not
paid, wt:~fi~d •nd disth~rQed s~id MORTGAGEE may ~t any tima psy tM s~me ot any p~rt thtreof without w~ivinq w affettinp ~ny opfio~, li~n, tquity or
.{pht un~r sr by virtw of this mortpay~ and tM full ~mount of •+ch u?d ~very suth payment sMll bQ imm~diately dw and payabt~ and ~hall bNt intN~st
hom t}+t dat~ tF»reof vntil paid st rate of ~i~e pe~ centum p~r •nnvrr~~~r1d ic~~witfi such intaat sMil b~ ucvrsd by the li~n of this rt~orqtap~•
~aeK 1~ 543