HomeMy WebLinkAbout0271 l ~'~.(1 S•~ t ) ~
TMIS INOENTURE, M~ 18th d,Y November A.D. ~v~ a.+W«r+
G W J4hnaon and Ruth John~on~ his wife.
cf S~„ L~~L2,i ~ , Co~nty Florid~, Mff1M~IM dttl~~Utl~ as tM "MORTGAGOR," ~nd FIRST FEDERAL SAVINGS AND tOAN
ASSOCIATfON OF fORT PIERCE, ~ oorpor~tio~ aq~nizsd a+d ~~iitinp ~ndtr tM I~w~ of tf» United S•otp of Amxiu ~nd havirg ib printipal pi~p of
buura~s M tl» City of fort Pi~vu, St. lucie Cou~ry, Floridti Mnln~h~r d~ai9nat~d a~ tM "MORTGAGEE."
WYlEREAS ti+~ MORTOAGOR is jvatly ind~bt~d to tM MORTGAGEE in iM wm of ~ 5- 5flo . QQ._ , pood ~nd lawful mor+~y ~f the United
Stat~ ~qlv~nctd bY ths MORTGAGEE unro tha MdRTGAGOR, as evide~ced by a certain promiuory not• of even date herswith, of which tM followinq in
worda ~nd fiqw~a is ~ nw topy, tawit:
s ~QLL ~ 13~L~
Port Pi~rc~, Florida, N c~ v e mb ca r 1 g~ 14~
fw value rrc~ived, I, we or ~itMr of ut, p+om+se to pay, without d~f~lcetion, to the ordar of FIRST FEDEitAI
LSAV.~IN~GS AND IOAN ASSOCIATION OF
FORT PIERCE et Fort Pi~rp, Floridr, the fum~o~f+ S~~ ~~~~o • with intLrrLest from dete at t1+~ rate o~._G~2% psr ~nnum, in monthly i~stal4-
msnt~ a~ follows: - on tM ~7 I~Ll d~y of ~~u~~ 19S~SL and a lik~ tum on the corr~ipondinq d+y of each month tl+~r~-
~ft~r until the whok bs fully psid.
Each intt~llment first shall ba applied in paymsnt of the inter~st and then o~ the unpeid balance of the principal ~um. 1~ default ls med~ in the
paym~nt of rny inatallmant wha~ dw, and such default continus~ 30 d~ya, thrn at ths optio~ cf ths holder, rnd wtthout sny othar notice, ell ths rsm~ininq
imtallnuntt ~hall be due snd payebls at wxa. Privilpe i~ piven to prsp~y this rate in wholt or in part st sny tims without perealty. Nei~ther ~fo~r~bwr~~ts,
nor ~ct~ptancs by the holdtr thereof after any default in •ny payment~ h~reon, ahall b~ deemed extenaion. A late p~yment charye of =_~_~1_.~„ thall b~
add~d to ~~ch installmant remeininq unpiid 7 days sfter ih du~ dat~, rnd • Nks ~vm shell b~ added to each such inrtallmsnf rsmeininy unpaid 7 d~yti ~ff~r
Nch wcaadirq payment dsta.
E~ch maker, surety and endortsr hersof, jointly and :everslly, weivet domend, presentment pro*est and notics of pro!est for nonpayment, and furtMt
agrwt to any ~xtention of time of payment, eith~r before ot after m~turity, witho~t natice to eny of ut; and to pey all tostt of collection, intludi~y a
rea~on~bl~ attornry': fre ir. tFr event of any default here~nder, and hareby ~everally rvaivei all benefit of homrstead •nd ezemption undsr ths constitutbn
end law~ of •ach State of th~ United 5tates, as aqain~t this obligetion or •ny axtension or renewel hereof.
Witn~sf tM hand and asl of exh party.
s l Cr LJ .r O~lII bZl (SEAta
f Ruth Johnson _ ~sE~W
_ (SE/?y
8.25 ~~u
c $ a st.» R.,,.,,w
(5rymp~ anall~d on orlyinal rwta)
NOW, THEREFORE, tM MORTGAGOR for the purpwe of ~acuring payment of •~id •um of i~-~.~-~Q nn end th~ pe?formance of tha
covee?ants ~nd ~yr~ementt h~rtinafter •xpressed, and for divers qood and veluabt~ confideratiom, by the~ pr~tenri, do~a qrant, barp~In, tell, r~mi~a,
r~loat~, tonv~y snd co~firm unto ths MORTGAGEE, its succeuon end auiqns, ~II that cert~in lot, pieu or parcel of Isnd, fituet~, lyirp, and b~tnp in fM
~~ty ~ ~t j~,icie and St~fs of Florids, dtwib~d foilows:
Lot of Block 5, of EMAMCIPATION PARK SUBDIVISIUN, as per p~.at thereof on
file in Plat Hook 1, at page 38, of the public records of St. Lucie County,
F1Qride.,
I c
RECE~V£D S~ pAYMFNT pf TA%~
DUF Ot~ GLA •C• 1t;T~~ti ~~?L~_ P< <C~]VAl PM:VP~RfiY~
PUR~'.;A'i ~ . , _ . . . 1441.
RGC ~ . ::_.rt ~ 1'Al~t 1=LOkil7A
as ~~I~~ r~'~' J.=, .-5 v~ GOCUMENTA~'~ STAMP 7AX
~ z - -
St. l~~ia C~ ur,i• ,c:t :_c;i~c:cr ~ ; iV0Y18'65 ~d'- ~ Y
~-,c~ J~°'C~~ t- V ~ •,~r'.~' ~ O ~ ~ '
~ COMpTROLIER -
~B. 90139 _
~inFCV'
~Y ue~urr c~wc ' _ -
tqpsth~r with •11 end slny~lsr tM t~nemente, hersditsment~ end eppurtartces thereut+to belonging w in •nywiw appertaininy theroto, •nd all nntr, 1ssuN,
proc~edt •nd profit~ accruinq and to eccrue from •aid premi~es, all of which are irtcludad in ihe •bov~ and fo~eyoirp dewiption snd Fwbendum.
TO MAVE AND TO HOLD ihe sbovs deuril~ed and qrantcd premises unto the ~sid MORTGAGEE, ita succesaort and ~Kiynt forever. Md fhe siid
MORTGAGOR for ° i T' heir~, •xecuton, sdministratorz and esiigns, hereby covena~ri with the said MQRTGAGEE, Iq succfuat and sssi~ru,
that --~+~383~ °7'~ lawfully s~ixed of tlu~ iaid premisas in fH simple; that ths aame art fr~s, clesr •nd diacharqed from +II lier» and ~ntt?rtF
br~nc~s In I~w w in puity, that_~X- will •nd thA ir hein thall warranf ind defs~d tht titls to tM tsm~ to tM ~+Id
MORTGAGEE, iri ~ucteuon ~nd usiyru, fwever .q~inst th~ Iawful claims •nd dem~nd~ of •II persons;
PROWDED, ALWAYS th~t if tM MORTGAGi~R shall pay unto the MQRTGAGEE tF» promisaoty nota hereinbaforo destribed end sh~l? truly, p~cxnptly
and fully perform, discMrq~, •x~cuta, cort:pl~t~, comply with and sbide by ~ach and ~vs~y the ~tipulations, syreemenri, co~ditions and GQVM~nti Of Nid
' promittory not~ ~nd of tha Mortpsya, th~n this Mort9eya and tho Estste hsr~by cr~at~d shall pas~ and be null ~nd void.
IT IS UNDERSTOOD that the word "Mortqpw" whether in th~ sinsyulsr w plu?~I anywhsr~ in tfiis Mortqaq~, ~hall b~ iinyul~r if on~ oc~ly ..,:d
th~ll b~ plw~l ~o1Mly snd qverally if mw~ than orwe, and that the word "tMir" n uNd anywlwre in thi~ Mortqpt thd) bie tokan to rrw+~n "his," •,htn;•
or "Iri;' whawa tM cont~xt w implie~ or admits. Alao, th~t whersver ther~ i• + r~f~renc~ in tM COVlMttt! ~Y1d ~~NmMtf h~rein ow~tain~d to any of
tM p~~t{M Mreto, ths wrt» ~hall b4 co~shved ta m~an a~ well ea ths heira, I~yal r~preuntativoe, wccesson +rd suipns (~it1?K votuntsry by ~ct of the
psrties w I~volunt~ry by opaation of tM I~w) of ihe iar.~ +nd that the cov~nants herein co~t~i~»d shall bind a~d ths bsMfits and adv~ntqss inun
ta t}~ r~sp~ttiw hein, (p~1 rqx~rr+t~tivr~, sutc~stMS snd ~u!qns ei tFa partiea hsr~eto.
Iu+d s~fd Morty~~on, fa tF~mNlvts ~nd their Min, la~a! repres~ntativa, ~utteswn ~~d ~uign~, hereby joinNy •nd sever~lly tovsnant and ~qne
ro and wNh tM a1d MOitTGAGEE, in rucenwn and awiyru:
1. To p~y aH snd ~tnpulu tM principal ~nd int~rat and th+~ wriavs and s+rndry svrru ot manay pay~bl~ by vi?tw of said promiuwy nat~, ~nd thb
moRq;p~. ~~ch ~nd wKy, promptly a~ tF» d~ys rrspectively th~ Hrta uwrslly b~com~ dw.
Z. To pay ~11 ~nd slnpula Nw t~x~s, as~eum~hn, levi~s, liabilities, oblipatiora and encum~ancat of sv~ry naturo ~nd kind naw on taid dearib~d
prop~rty, a that 1?N~aftK rnay be impoNd, ~uff~?~d, plated, Iwi~d, or ~ae~asd tio~rwn, a tMt F»r~~fter m~y b~ levied or asasMd vpon thh Mat¢
ap~, w t?a Mdob»dr~n~ wcurad Mnby. ~ad+ and ~vrry, wMn dw ~nd payabl~. ~ccordinq to law, t»fon M+ry b~cant delinqu~nt, +rr~d b~fa~~ any try4aat
sttacM~ ex +~y p~n~hy lt fncurced; AND INSAPAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY 5ATlSFIED AND DISCHARGED Of
RECORO AND THE ORiGINAI OFPICIAL DOCUMENT (5lJCH AS, FQR INSTAtNCE, THE TAX RECEIPT OR THE SATISFACTIOfV PAPER OFfIC1AllT ENDORSED
OR CERTIfIEp) SNAII !E VUICED IN THF HANDS OF SAID 1NORTGAGEE WITHIN 7EN DAYS NEXT AFTER PAYMENT; ~nd in the ever?t that a~y tF+asof is ra~
paid, ut:efi~d snd ditch~r~ed iaid MORTGAGEE m~y at any t;me pey tfie :ams os' any part thereaf witlw~t w~iviny or aff~cfiny sny optiwr, lisn, sq~i±y or
.iphs undw w by virtue of this monyaye +nd rhe fvl~ amount of e~ch a~ every ~uch p~yment shall bt immediately due and paysbk •nd shall !»+r intt+ett
from th~ d~t~ tMk?~of until paid at r~te qf nine pe? cer+tvm per snnum ~nd t e r with ~uch interest ~hall be ~ecvred by the li~n of thi~ mosytaqe.
~ 0 lr? V~ ec