HomeMy WebLinkAbout0273 ~ • ~ f :
' ~ r ~ ~4311'7 9~
THIS iNDENTURE. Mad~ th~ Z(,~th d+y of Febr ~arv -~o. 19~ bNvw+n
'n~y Bailey., individually_ a~ as Guardian of the Estate of R~?th (#eneva
gg~g~ an ~ncov~n~ten~
of _~A i n. . 7Q~ A , CovNy Flaida. har~in~ftw dtsipnat~d ~f tM "MORTGAGOR," aod fIRST fE~ERAI SAVINGS AN~ IOAN
/1S50C1AT10N OF FORT PIEIKE. ~ aorporNion apaniz~d and ~xwtirg u~tl~r tM lawt oi tM Un7t~d St~~a of Am~~iu and h~vinp in principal pboe of
bu~irnts in t!» Gty d Fort Piau. St. luci~ Cou~ty. Fbrida. Iw~~u+aha d~sipnat~d a tM °MORTGAGEE:'
WMERE/1S th~ MORTGAGOR is ~ntly ir~debt~d ro th~ MORTGAGEE in th~ Kan of = Zr+_~n~nn - pood and Iawful mon~y oi the Uni»d
Stat~s advanc~d by tFw MORTGAGEE unto th~ MORTGAGOR, as ~vid~nc~d bY a a+f+in pranisswy not~ Of fVM ditf herwrNh, of whkA tM fdbwa+p in
w«d~ .nd f ~t h• rrw copy, wwt+:
:2K,00~.00 1
~n P».p. fl«~d,, Februarg 2lt. ~9
Fo? valw r~ceived 1, w~ w~ithe~ of us, promis~ to p+y, withoW def~lcation, to tM orda of FIRST FEDERAI SLAVI`NGS AND IOAN ASSOCIAiION OF
fORT PIERCE at Fon Pi~rw. Fbrida, the wm~ o~f ai~ 2K, ooo. ~0 w;th interqf lrom daf~ ~t Ih~ raM of o.v 7G pM ~n~+u~4 ~~~N
menb u followu i--~ 0• on tM iZSeu. day of A~2Z'.1~- 19~ ~nd ~ lik~ iwn on th~ cwrespond~np day of ~~ch madh Nwn-
after until tM whol~ b~ ivlly p~id.
Each installm~nt flnt sh~ll b~ applied in payment of tl+~ interest u+d then on th~ unpa~d b~l~nce of tM princ~pal sum. If defa~h 4 en~de ln t!»
payme~t of any installeeent when dw, and s~xi+ defauh coniu~un 30 days, thee at the optioe~ of ~hs holde~. +nd w~thout any other ~otict, d~ tlr ran~kiup
instal~m~nts sMll be dw and payabl~ at once. Privil~ b yiwn to pr~Y this raM in whob or in p~rt N any tim~ withovt ~~+Ity. •P~N~itM,~t fo~+re~bear~u.
nor ~aepts~u by th~ ho1dM ti~wf ~NN ~ny d~favlt in ~nY p~Ymrr?ts hereon, sh+ll b~ d~~med ~:tension. A late paymant charp~ of i~?~a! s~»II b~
added to sach insullen~nt r~maininp unp~id 7 d~ys aha ib dw dat~. ~nd ~ lib awn ahall be added to each s~cF~ ins~~llm~e?t ranaininp w~paid 7 days ~ftu
each succ~ediny p~Y^x^t date.
Each make?. wr~ry and erdas~r he*wf, jointly and ssva~lly, w~ivn de+n~+d. PItiMM~l~1t Pf01pt ~f1d 1Wt~q O~ PfOfHt fOf rW11Piy111QIN~ and furtMr
agrees to ~ny ~xtcnsion of time of payment, either befwe w after matwity, without notice to a~y of w; uw! ro pay all coan of co~lettion, includi~g a
reasonabk snwn~y i fae in tM event of ~ny default I+enurder, •nd hereby seve~ally w+iv~s all benefit of homatead and ~xemption ~x~d~r tFr ca+stitutbn
and lawa of each Sate of the Ur+ited Sutes, as ~sinst tius obligatan a u~y exhnsion or renewal Ixnof.
Witneu tM hand u+d sssl of sach party.
~ Harr~T Bailey. individu~l~and
~ a~a (3uardian of the Fatete o~
Ruth Geneva Bailey, an inco~tent
~
~ 3?. ~'i-~ s~.,. a.,,.~?~.
cst~. ~~.a «q~,.i ~t.~
NOW, THEREfORE. th~ MORTGAGOR fa th~ p~rpo~ of secvrlnp p+yn?ent of wid wrn of ~~~00~•~~ P~aT~
cov~nanb ~nd ~r~emMb Mrtin~he? ~xpressed. ~nd fw d'rven yood ~rd valwbb ooeaida~tiaM, by tMs~ pnsa+ts. do~s pr~nt, barpain, wll, ren+is~,
retws~ tonwy ~nd oonf'um unto tfw MORTGAGEE. its s~tceswn ~nd assipns. ~11 tMt cM~in lof. Piaa or Parul of ~and. aHwt~. ~Yinp• and b~inp M tM
~,,,~,,y ~ Saint Lucie .,nd Stn. of F~o.td.; d.w~.e to~~owu
i,ots 15, 16 and tha North 5 Peet of Lot 17~ Block l, CLYDE KILLER~3 AD-
DITION, as per plat thereoP on file in Plat Book paRe T3~ publio
records of ~t. Lucie County, Florf da, eacept the East 35 feet of Lota
15 and 16 and the East 35 feet rf the North 5 feet of Lot 17, Block 1
of CLYDE KILLER~S ADDITION, as per plat thereof on file in Plat Book
4, pa~e 73, of the public records of St. Lucie County, Floride,?
i ~
dG
Iw rA1MENT Of TIIR[!
, ~o ~
f f.'~""+"~"~ Al. ~QOlEIITY~ - _
~ o~oM cu?~~c' ?~Ma F,w,. W~„ S~I~A I t oF r L U t
21 L~A -
7O~M~~ ? Z ODCUMENTA~ STAMP TAX .
~ RpG•~ )AM~ ~ ~ FEB25'66 _ ,
° ~ 3750=
S1. ~ j~ N ~ COMATR04LER ' ~
~ P.6.~9o~as = ~ ~
~ ~ ~rt .
?o~tl+e. with d~ n,d .irw~b. d» ta+.m.en, M..d'i+,ma?ts .na .ppurt.r,ces rlM..unto belaginp o. h.nrwh. .pp~.?.u~inp th~..w, «,a .u ..m.,
procrsds and profiri atuuinp ud to aotrw from said prNnass aU of whid+ sr~ incl~rd~d in tht ~bov~ and forpoinp datr~fion afd habindun.
TO HAVE AND TO HOLD tM abov~ desaib~d and ynnt~d prNnia~s uMO th~ wid MORTGAGEE. ila woassws and asip~s fonw/. Ard th~ s~ld
h~ortTG~?GOR f« thw{ r ~ hws. •x.cwo.s. .do~,isn•wrs .~,d ~s~ipns, ha~by oowtwnb with tM s~id MORTCsAGEE, i1s M~ooa~on ~nd aMipns.
rhat t}~n~v ~1rA lawFuly s~is~d of th~ said pr~miNS in i~e si~npbs th~t tM sam~ an hN.. dw ~nd dhcharp~d iran all li~rr and «+cwm
b~~~ u~ uw or ~n ~quHy. ~+d thn th9S wcu ~nd thei r h~i« shdl wartaM and d~fa~d tM tHl~ 1o th~ wrr b th~ s~id
MORTGAGEE, its wooaw~s and asaipm. farrwr ap~intt Nr lawf~l tlak~u and d~nw~ds of ~II P~narl ~
;
PROVIDED. AtWAYS thN if th~ MORTGAGOR shall pay umo th~ lIIIORTCs/?G~EE th~ pra~rwory eot~ Mrenb~ior~ d~wib~d wd sh~U Mrly. Pranp~Y :
" and fvfty p~rfwm, disct~~• exewt~, eomplst~, ea~p~Y with and ~bide by ad~ and wery th~ stfputaY~o~a. +~b, oonditioro and aovawnb of wW ;
~ promiuwy noh and of this Morq+p~. 1Mn tFRs Matp~ and tM Est~» Aa~by awNd siwll cwM and b~ rwq ~nd void. i
~ IT IS UNOERSTOOD that tM word "Mortp+por' wl+a~l~ in th~ sirgular or ph+rd anywMn in thi~ Mortp+p~, shall be slnpvl~r if ar on1Y +nd 1
~ ~hdl b~ plunl joi~tly and snnrdy if mors than one, and tFut tM word "tl»ir" as wad ~nyv~~ b thls M~ortyap~ shall b~ takM to n~an "hi~." "h~n.°
w"its." whaewr fM ooM~xt w Mnpli~s or admifs. Abo, th~t wh~rwa thae ia ~ r~f~r~ in tht oo~w~w~ts ~nd apr~aneMa ha~in ooMaAwd b aMr of
~ rF+e parti~s h~r~o, th~ sa~ sh~ll b~ oonstrwd w mean as wdl as th~ FKin. kq~l npn~ntatiws, wooasors and asipns (~her volunury by ~ct of tM
p~rtia a hvolunt+rY bY opKation of th~ law) of tM sanw and M~at th~ oorawnts Iw~in oootain~d sMU bind and tM b~ntfin and advamapa Mun
to fhe rap~etiw M1rM bDal npreaem+tM~, wcasfon and asjpns of th~ putia 6~W. {
Md said llAorryapors. far tln+ra~lws and tlNtr Mirs, byd npras^t~tiv~s, woc~uon and assipns. t~bY i~~Y and s~wrally aown+m and +prM !
ro ud with thr wid MOR7GAGEE. Ns wcasfon and +s~ipm:
1. To p~y ~il and sinpvlar fM principil and k~tK~st and thi vsriow ~nd sundry wms d moMy WY+~ bf? virtw of ~aW promiuay note, snd tNs
mort~ape, wcfi and ~y. P~P~~Y o^ ~~1?~ ~^^~Y tlr tame s~wr~Up b~ooe~e dw.
2. To phr •q ~nd iigula? tht f~~. as~an~nn. I~vi~s, tlabilitia. oblip~tiaa and ~naenbnnas d every n~tun ~nd kind now on saW dMCrib~d
p.op~rty, a that Mnafar m+y b~ impw~4, wff~nd, d~ad. Irvl~d. a~swd tM+~on. a N~at Mn~fbr m+Y b~ kvhd a aw~s~d upon N+it Nso~1p~
sy~, a iM Md~bqdmsa wcvnd Mr~b~r. ~ad~ and waY, whrn dw and p~yai,l~, aaadMq b law, b~ion th~Y b~can~ d~NnqwrM. ~ad befor~ anp ~
~tt~cMs or +nY P~^~~h b inarrr~dt AND INSOF/1R AS THEREOf IS OF RECORD THE SAAAE SNAII dE PROMPTLY SATISFIED ANO GISCFIARCEO OF ~
RKORD AND THE ORIGINAL OFfICIAI OOCUIMENT ~ AS, fOR INSTANCE. THE TAX RECEI?T OR THE SATISF/1CTION PAPER ~OFfIt1ALlY ENOORSED ~
OR CERTIFIED) S~1Atl ~E PLACED IN ?HE NAND6 OF SAID NWRTCsAGfE WITHIN TEN DAYS NEX? AFTER PAYMEN?= and in tM w+n1 th+t wry 1lwnof 1s no1
s p+~d, s~t:sfi~d and d'acharp~d aid MORTCsAGEE mnr at any tim~ ph? th~ um~ w a~y paA fhnwf witho~A w~ivirp or ~ffKtinp +iM oP~. ~~b ~
~ •~qM w~da o. by virtw of N+b inor+~y. and rl+e fi,ll «novm of ~ad~ a~id .var ~ wr~ ,h.tl b. bmwdiaalp dw .nd p.y.t,l. «d ~hall b.ar iia.na '
~ ~.om tht dab th~r~of uetil paid N r~b of nirn pK centuen pM ~nwm and top~tFw? with sucl~ iM~r~st ~haN b~ a~cw~d by M+~ li~n of th:s n!orqqqe. ~
eQ~139 27~
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