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HomeMy WebLinkAbout0557 _1433(1`~ ~ ~ ~ . . ~r THIS INOENTURE. N4d~ tii~ ~rd ~y o} ' 'Msrch ~.c. 19~s:s~ bttvrMn Cl~rde J. Sears and Bernice Sear4, his wife of S t. Luc i e ~ CpMty Flwida, her~u~hK dqipMt~d u th~ "MORTGAGOR," ~nd fIRST FEDERAI S1IVINGS AND IOAN ASSOCIA?ION OF fORT PIERCE, ~ aorporation orpanized aod existiny w~ tM law~ of th~ Unit~d Stata of Am~ric~ ~nd havkp ita pr4x1p~1 pl~n of bu~irwu h tM Ci1y of fort Pi~.c~. St. luci~ County. flOfWi. INfl1MNM dN1QMf~ q tIN MOROOG Op WHEREAS 1M MORTGJIGOR h jwty in~lebqd w th~ MORTGAGEE in tM wm of ~ a~ pood ~nd lawful mon~y of the Unit~d Sutn advanad by tM MORtGAGEE w+ro tlr MORTGAGOR, ~s ~vid~ncsd by a oKt~in promiswry ~wt~ of ewn dst~ F+~rw~r~th, of which tM fdlowinp in wa aod F' h ~ trw oopy, ro+wih _ 30~"`~0 13. 3K~ ~ P~., Fb.;a,r Merch 3 ~s For valu~ nc~iwd, 1, vw or ~itha of us, pranite to p~y, without d~fslution, to tM ud~r of FIRST FEDERAI SAVI ANO IOAN ASSOCIATION OF FORT PIERCE at fat Pierc~, Florida, the sum of i g a~~0 • w;th i~tere~t from dat~ at the ~ste of 2 pe~ annw+w, in monthly inslall- menn as followa: i 83 • QO on th~ 1~t}'tlay of A pr31 , 19~'6 u+d ~ lib sum on fM oanspondnp d~y of ~~ch moe~h th~rr •fr~r un?il the whd~ be fuly pa~d. E~ch inst~l4r~?t first shall b~ applied in payment of tM Interest u~d th~n on th~ vnpaid b+lance of tM principsl wm. If dei~uh is msd~ in tA~ paYment of any init~llmenl wiwn dw, and wch defauh continves 3Q days, then ~t ths opYan of tM hold~?. and withoW any otha notice, all th~ rem~ininp installm~nt~ sMll b~ du~ and p~yabb ~t onc~. Privilep~ is 9iven to pr~paY Mis ea1~ in wFaie ar ln put ~t any time witho~t penalty. ~jrtiNr ~e, nor aa~punc~ by tM holdN thsroof aftK any default i~ u?Y payments hKeon, shall b~ deemed ~xt~nsion. A bte paym~nt charp~ of • 1- . sh+ll b~ add~d w ~ach uutaltw~snt ramairweg w+pa~d 7 days ~flu ifs dw d~b. and s lilc~ wm sMtl be added to e+ch such installm~r?t raa?aininp w+paid 7 dayt afhr each svcaed'ag p~yment date. E~ch mrk~?. wr~ty and s~dor~ hereof, jointly and s~verally, w~ives d~mand, prese~m~t protest ~nd notice of profest for nonp~yma+t, ~nd fwtlwr agrees to ~ny extension of time of payment, either befo~e w+her matwity, wHhout notice to any of usj and to pay all cosb of collectan, includinp ~ reasonable sttorney i fee in the eve~t oF ae~y defauh herwnda~, ~nd her~by sevaally waives all benefit of homestesd and eaemption w?d~~ tM canstitution and I~ws of each Stat~ of tM United Stat~s, ss ayairot this oblgation or any ~xternion a renew~l hereof. ~ Wite~ess tM Mnd ~+d s~al of each party. a Cl~de J. Sears ~ s Bernice Seare ~,q csEwu t 12 • ~ ~ ~ Stat~ Rewnw (Stamps cano~lbd on oria&ul not~) NOW, THEREFORE. tM NWR7GAGOR for the purpoa~ of secvri^0 WYmem of s~id wm of = 8~ 3~~ , and tFw p~rform~nu of th~ :ov~n~nb and apnenxnb I+tnin~fhr ~:pres~ed, and fw divan 9ood ~nd valwbl~ coroidtratant, by tFww pres~nts, do~s y~ant, bup~in, pll. reenise, relsai~, aonwy and conf'am ~rnto the MORTCaAGEE, its succeiwrs and aaipes, dl tMt certsin lot, piwc~ or puael of land. ~ituat~, lya+p, and b~inp tn th~ c«m,y oF S t. Lu c i e ,,~a St.r. of Flori~, dac.;e.a „ tdlow„ Lots 12, 13 and 1l~, PINE VISTA SUBD7VISION, as per plat thereof on file in Plat Book Faae K8. of tre Fublic RPrn~+dQ ~f ~t. Li~cie Count;; , Flori da , ~ - - - I 111 *1?YNF.1~T Of tA~ S I/y I t ~F r" L O ~ ~ ~ ~ iNTA11~~~ ~~NAL ~ilOK ~ Z ~OCUMENTAo~ c~A , =0 , _ o~ w _ _1~ ou~+~~ N~t~x so~u. i?cTS oF ~ s~t . ~ = twt-~ 6s STA M_ p 7-A X } ~ ~'~~~5 vN~ ~~t N ~ ' ~ ~ans M. ~~s ~ 2 4 5, ~ ~ AQM11 ~ tOt ~K~pt P.B. I90138 ~ coN~ ~ ~ ~ ~ ` t S ~ ~~,G~`~ ~~r u.l1A~ Sy I tog~ther with all and siigular Mr t~», haeditamK?b and ~pp~xtances tFwrwnto b~lonpirg a in anywiN app~rtaL+iny therNo, ud ~II rems, bsws, p.ocwd~ and profits ~cu~?irg and ro~cuw from s~d pemiws ~II of whkfi are ind~d~d in rhe ~bw~ ~+d fa~poiig d~sviption and h~fo~ndum. TO HAVE ANDtP61i' tM abov~ dyt~ib~d and 9r~nqd pnn+ises uMO tlr saM MORTGAGEE, its s~oastots and ~ssi~ns for~v~r. /1nd the s~W MORTGAGOR for ~ M"as. •x~cvtas. +dminbnators and assipns, hereby aov~n+nls with tM said MORTGAGEE, it~ wor.es~on ad ~iyiM, ~ t }1 P 4 eMt ~et+wfully s~ised of th~ s~W prana~s in fK simplr, that tM s+m~ an fiM.. dw and d'nch~rp~d fran all U~ns and ~ncu~R ~ b.~nca u, ~.M? « N.quiq?. .~a th.r thev wcp .~+d the ir h~i~ .hau w«..m .~a a.f.~d rh. Ntl~ a th. ,+m. w d» u~a i ~ MORTGAGEE, m wcoeasas and asjy~, forw~r p~in~t th~ lawful dainM ~nd dan~nds of au pKwrot ~ PROVID~. AlWAYS 1lwt ff t!w MORTGAGOR shall pay uMO th~ MORTC~AGEE th~ promiwwy iwt~ Mr~inb~ior~ d~w~d ~nd sh~l1 twtp, prornptly and ful~Y P~~• ~P~~. ~Y with a~d abids by ~ach ~nd w~ry tM stipvl~tiwn, a~?~Mn», oonditions a~d oov~naros of wid ~ promiiwry not~ and of d~N Mortype, dMn this Mortpap~ and the Estate h~nb~r a~at~d sh~ll ow~e ~nd b~ nuU ~nd void. ~ IT IS UNDERSTOOD th~t th~ ward "Mortyapor^' whMher in t!w sinpvlar or pkKd ~nywMn in tNs Mortp+p~. ihaN be ainpvla~ if on~ ady and shall b~ plural ~ointly and wwrdy lf mon th~n on~. ~nd th~t tM word "tMir" n uwd arqvvl»n in thit Morqpe ~II b~ tsk~n b m~an "F~i~,•• ••Iwrs," ~ w'it~„` wher~wr th~ oontt~ct w implt~s or admits. Abo, thn wFNnv~r th~n is a nfK~ in Nw ao~wrwNS ~nd apr~nts h~nin coMaM~d to any of tM p~rtia haNO, tht sam~ sh+ll b~ ooostrwd to nwan as vwll u th~ h~irs. Ip~ npre~mniv~s, woas~on ~nd as~ipns (~itha valw~tary by act of the ~ pa.ria w invohintw M op~rnion d th~ law) of th~ saene and :hat ~M eov~n~nts h~nin oom~h+d ~Frll bind and th~ b«»fits ud advams~s kNrn ~ ro rM rap~aiw Mk~, bpal nPr~+tNira~, woaasors ~nd as!pns of th~ p~rtiM hKwa ~ Md said Mo.p~po.s, for tl~r~wlv~s and tMir h~4s, byd ?~Pr~nt+tivM, wooeswrs and wipro, Mr~b~r ~oinrly and wwr.lly oov~nt a+d ~prw to «~d with M~r wid MORTGAGEE. its woas~on and afsiprr: ~ ~ 1. To pry ~11 ~nd sinpular th~ principd ~nd iM~rat ~nd the varian ~nd wndry wms of maNy pnrabb by vktw of ~aid promiuory ~a~. and tHs ~ ' mortyp~, wch ~nd rwry, prae~plly on the day~ rapKtivtly th~ s~ tewrdi~r b~can~ dw. ~ pay iinyular Nw t+nN„ a~b. Iwh~„ Ii~bilHi~s. oblip~tiorr ~nd ~ncumbr~nas d~v~ry rntun and kk~d eow on s~id daufb~d ~ 4. To ~11 and ~ prop~ty, a th~ MrNft~ m~r b~ knpw~d, wff~d, plao~, Iwi~d, a aMSwd tMr~on, a tMt henaftK may be Iwi~d or ~saw~d upon thk Mo~q~ .~e, a tM h+d~bndnas wax~d lwnb~r. NcA «d ~wrY, wlwn dw and payaW~. ~ooordinD to law, befae fMy b~oom~ ddtnqu~m, and b~for~ aehr Ineaa~ ' arutMs w arryr penalty b intwr~dt M1D INSOFAR /15AN~ THEREOF IS Of RECORO TNE SAME SFIAII !E VROINPTIY SATISFIEO /1N0 CISCHARGED OF ' RECORO ANO THE ORIGINAL OFfICULL OOCWMENT (StJCN AS. FOR tNSTANCE, THE TAX RKEIPT OR THE SAi15fACTION PMER ~OFFKIALIY ENOORSEO ~ OR CERTIFIED) SHAII dE PIACED IN THE HAND6 OF SAI~ MORT(',AGEE WITHIN tEN DA115 NEXT AFTER ?AYMEMj and in tM erern that ~ny tF~er~of is no1 paid. ~at:sfied and di~CharQed said MOR1GAGfE m~y at ury tim~ pay t!M w~r or ahr part thenoF withovl w~ivirg w sfhctinp any option. li~n, puitp or ~ •iqht und~r w by virtw of thi~ monpap~ and the futl anoum of ead~ u~d ~wry wd+ payrt~ent slull b~ imn~distely dw ud piyabl~ a+~d sMll bw ieua~st ~.om tM daa tMr~of until paid it r~M of niew per untwn pM arrwKn aid tog~tFwr with wch iM~nst shall be secw~d by th~ liwn of th:s nwrqtap~. ~ gooK ~.39 5~4 . . - - - ~ ~ ~ ~...W~_ . ~