HomeMy WebLinkAbout0908 ~ . ~ : 143525 ~
THIS INDENTURE, AA~ tl,~ 10th d~y of "M~'Ch , A.D. 19~~ b~Nr~?
Edwin A Draisey and Hilda B_ Draiae~~ hi"s wife~ +
of S t_ LuQ ie ,~p~~y dqlpn~bd a tM "MORTGAGOR." a~+d FIRST fEOEi~AI SAVInGS AND IOAN
ASSOCtA?ION Of FORT PIERCE, • awpa~tion apanis~d and ~g wda fM laws oi th~ Ue?itd Sta~s d Arnwfu ~nd Mvtno kt principal pbo~ of
buw+~a In th~ Ciry d faA PiKa. St. luci~ Couety. flOtWi~ INI~IM~iM dMipMid q M1~ "MORTGIIGEE."
WHEREAS tM NWRTGAGOR ia ~uatly fnd~bt~d 1o thr MORTGAGEE in th~ wm of ~ 7~ 200 . 00 ,~««,a .~+d i.,~,~,i ~?a+.r of.?h. u~~~.a
Sta»s adva~c~d by tM JMORTGAGEE uMO th~ MORTGAGOR. u tvidMC~d by • oat~in promiswry not~ of ew~ dat~ hatwith, of whid~ th~ fdlow~np in
worb wd f it a nw ~ • .
iyw~s oopy,- to-wit:
~ 7,200.00 l~.'~7~
Fort Pi~ru. Fiwida, M~'Qh l~a~ 19_5~.,
Fa valu~ no~iwd, 1. wt w ~itM~ of w, promiN to y. withovf dsf~ication, to iM wdH of fIRST FEOERAI
tSIW~IN~Cs~S~ ANR iQ~N ASSOClAiION Of
FORT PIERCE al Fat Plua. Florida, th~ sum~o~f+ ~y T ~ ZO~. OO with ima~s~ from dat~ N th~ wt~ oRL.aF.~7L p~r M~y~a. h,~navN~? Mntall-
2• 00 on tM ~ll day of I'il , 19s~_ u~d a lik~ ~um on ti» corr ,daY of ~ach wanth t(+K~-
m~nn u td~aws: i 7 F ~^0
•ft~r unlil tM whoM b~ fully p~id. ~
E+ch irobllment f'vst shall b~ applied in payment of th~ int~rest u~d then o~ the vnpaid b~bnca of th~ prindp~l u~n.' If dtfauh b rn~d~ in th~
paym~nt of ~ny ant~lknant wMn dw. and wch dehuh continuea 30 dayi, the~ at the option of tM holder. ~nd without n+~/ otMr notic~. ~II the r~mairNnp
insallrnM+n shall b~ dw and p~yaWe at aia. Wivil~ is yivan ro pr~pay this not~ in whol~ o~ h part ~t ~ny tirtw without pM»hy. •PNitMr fonb~ar~na,
nw ~oc~pqno~ by th~ holdK tMr~of ~hN ~ny d~f~uM in aeY p+ym~~q hKwn. sA+ll b~ d~an~d ~xtension. A late p~ymsnt cM~ of s~-
6Q sM{1 b~
added to ~sch iiatallwN.?t raruL~inp w~paid 7 days ~ft~r its dw d~t~, a~d a lik~ wm ~h+U b~ ~dded ro~ad~ such hstal4n~nt r«naininp w~p~id 7 days afhr
each sucoMdinp V+Y^~e^t d~t~.
Ead~ m~kN. wnty u~d ~r~donK M+wf, jdntly ~nd s~wr~lly, w~ives dem+nd. P?.sx?~ma+s prota~ and notrc. of p.aat fa. ~wnp~ymenr, awl furtMr
sgnes ro a~y extemion of tirM of payment, eith~? befora w ~ft~r matwity, without not~ to ~ny of us; and to p+y all oosa of coilectioe, includinp a
re~sonabl~ attorney's fN in t!r went of any defwh hKwoder, ~nd Mnby severally waivei all bnefiit of homestNd and ex«nptton ynder tM evraHtvlion
and laws of eacA Sute of th~ United Sbtes, u ~yairot this obligation or ~ny sxtKUion w r~newal herwf.
Wimas tM h~nd and s~al of exh puty.
RE~U
~ Hilda B. Drsiae~_ ~
ts~w
~ ~10 . 80 , R.,?.~. c~""
cst,mp. w+odNa o~ o.qin.~ ~a.~
NOW. 1FIEREFORE. flff MORTGAGOR fOf tllf PwP~~ ~~O WYTMt Of NifJ lIMO Of ~ T_ ZO~ _ I~~ , and tM pKfomMnct of th~ ~
cw«unts and aprNm~na AK~imftN ~ap~essed. and fw diwrs ~ood and v~lwble coosid~ntioea, M/ t1~ P?~wMS. does pr~nt, bar~in, sell. rernis~.
rtlqu, ooawY aid oonfinn unb tl~ IYIORTGAGEE. ib woc,~swn uid assipn~„ d1.fMt oM~in lol. Pi~a or partd of ~and. situNt. FYug. and beinp in tM
couMy of S t_ Lua i e ,,nd s1aR, of Fto~id., daa~b~d « to~~ows:
From an iron pipe on South line oP (iovernment Lot 2, Section 18, Township
36 3outh, Range !~1 East, 15 Peet West Prom Center line oP Indian River
Drive Road run North 2l~. degrees and 18 minutes West along the West line of
present Indian River Drive Road for a diatanoe of 130.5 Peet to a concrete
monument to a point ot beginning: From point oP beginning run South 75
degrees and 19 minutea Weat 1?5.0 feet to a point; thence run North 86 de-
grees and 59 minutes West for a distance of 795 Peet, more or leae, to
East oF right-oP-Way line of Florida East Coast RailWay. Thenae run North
28 degreea and 1l.~ minutes West along the Eaet line of Florida East Coast
Railway 92 Peet to a point. Run thenoe due East Por a distanae oP 966.75
feet to a pipe on the Weat right-oP-xay oP Indian River Drive. Thence
continue on due Eaat to Katers of Indian River, ~henoe in a Southeaet di-
; rection along Indian River to a point Which is North 75 deg~e.ee and 19 minutes
j East oP point oP beginning; run thence South ?5 degrees 19 minutes Weat 75
I feet more or less to the point ot beginning; ~ith riparian righta, less
~ road right-of-~rays end being in Lot 2, Section 18; Toumahip 36 3outh, Range
!~1 East, 3n St. Luaie County, Florida. -TOQETHER wtth a strip of property
directly due West oP the above desoribed property end within the boundarie~
of the North and 3outh boundary lin9 oP the above desc~ibed property that
i9 no~r owned by above grantora; less rights of xay for railroads end pub-
lic highWaya,~
~ togeth.. ,Nith .H «+a .bgu~.. ,h. ~awn~+a. lw..d'iam~eMS .nd .ppurt«+a. th~..~+nto bdorg:ip « in «~rwl» ~ppalainkw +IwrMo. «~d ..nn, iww..
procNds arwl profits aoauinp and to ~ocrw from uid pnnws~s all of whid~ an indud~d in th~ abov~ and fonpow~p daviption u~d h+b~nd~Mn.
TO NAVE AND TO HOID th~ abow d~wib~d and ~ranhd pr~nisa urao t!» s~id 1MORTG~ACEE. i1s woas~an and mipna for~w?. Md t!N sdd
MORTGAC,OR fw thAi r' ~x~tutas. adminfibaton and sssipro, h~nby evwnanti with fh~ wid MORTGAGEE. Ns woonwrs and awlpew
rhat tYlA-.4-82'9 lawfuly wi~d d the aaW pr~miaa b fN sirnpbs tlwt th~ wn~ an h~e.. dwr and di~clwr~d fran ~11 IM~s ~nd ~nam?
b..nas in ~.w o. tn .quit~r. .nd Hnt theY ,~,;u a„d the ir w~rr«~r .nd d.f.ed +h. t»~. a th. ,«n. a th. ..w
MORTGAGEE. its woonwrs ~nd a~ipM, forew~ +oaiMt th~ I~wful d~inr and d«mnda of ~t) p~rsarnt
PROYIDED. /LLWAYS that If th~ MORTGAGOR shdl p~y u~MO tM MORTGJ?GfE th~ pron~ory ~aM Mt~ion d~w~d and ~II tnily. Pw~nPHY
u+d fu1~Y PK~~ ~~+M. ~Y with aid ~bid~ b'Y sed~ and ewry tht ~tipul+t~oro. +On~n~nts, oo~d'itions and oovMw~b of said
prom~uory not~ and d tM Morrgip~, tlwn tl~ Allorqap~ ~nd th~ 6taq I~rb~r vMt~d ~FMII cw~ and b~ ~wq ~nd wid.
~ IT IS UNDERSTO00 th~t th~ wad "Mo~tpapor" wtnth~r in th~ si~gular or pkKai anywlNr~ h this AAorq~p~, s1yN b~ ~M~p~lar if «w adp and ~
~ slull b. plupl ~oimly and swasly ff mon Hw~ a». .nd Mu? M+. vro.d `tlwa"~ .s w.d arhrwMn in Hd~ Mortyap. sh.ll b. fak.n a rnean "hb." '7~ns."
~ a"Ns.° wha~war tht ooMext w implia or admits. Abo, tMt wlw~wr th~n N~ ref~ru~oe b tM oowmnls and apn~emnb i~n~in aomair»d to any of
tFw p~Abs IwrMO, th~ i~ sh~ll b~ oomtrwd to ~~n ai wll as th~ h~ira. bp~l hpr~unt+tivM. ~roo~swn and wiprr (~itlw? vduM+ry bY ~d of th~
~ P+~~ a~+~I? a~~tion of ehe bw) of tlM same and MN th~ co+?~eweWS IMnb oom~iird ~haU bNd ~nd th~ b~fHs and dvamp~s hwn
ro tM rMp~ctiv~ h~in. Mpil npr~ativN. wioc~on and afstyn~ of th~ paAi~s 6rs1o~.
And s~id Mortp+por~, for Nwnwlva and tMir h~in. (p~l nP~?~sw+t+tiws. woo~swrs ~+d assipns, Iwreby iointh and tw~r~Uy oownant and pr~e
ro and vvhh tl~r said 1110RTGJ?GEE. i~s woo~ssors and aniynk
1. To pay ~II ~nd iirgvtr N~ pbidpd and inwn+t ~nd thi varioua ~nd wndry wms of nae~r p~yabb by virtu~ of ~aid promiaory note, and tNs
rrwrtp~. Nch ~nd ~vuy. 0?anpNf~ on ih~ days ?MPWiv~lp Mn sanr aw~raihr baair dw.
2 To p~y ap and Nigulr Ih~ t+xa, aa~n~a~,. Iwiu. N~bilitiu„ oblipatiar and ~naimbanc~a d w~ry nnun and ktnd now an s~ld d~wib~d
prop~rty, a thK Mnaft~r ma~r b~ impord, wffwq, M+ad~ ~wi~d. or ~wswd tha~on, a th~t lwrwfNr nwy b~ Iwi~d a a~sed upon ti~ Mat~
ap~, a d» k~d~bbdnas s~owrd I+K~b~r, wcb ~nd twrr, wlwn dw ~nd parabl~. ~ooordino b law, b~fa~ theY beoan~ ddinqwrM, and b~(on arry MM~nsf
~nadw~ ot w?p P~~aMY b inain~dt AND INSOFAR ASl1N~ TNEREOF IS Of RECORD THE SAJME SHALL dE PROAA?TLY SATISf1ED AND DISGFIARGED OF
RECORD ANO THE ORIGINAI OfFK1At DOCUJMENT (5lKl1 AS, fOR INSTANCE, THE TAX RECEIPT OR THE SAt15fACT10H P/1PER ~OffICIAIIY ENDORSED
OR CERTIf1ED) SH/LLL !E OLACED IN TiIE HAND6 OF SAI~ 1MORIGAGEE WITHIH 7EN DAVS t~XT AFTER ?I!YMEMt w~d in the twM that ~ny ttw~of is no1
wid, stl:sfl~d r+d ~d wd MORTGAG~ map ~t any tim~ psp the wm a ~np p~n tMnof withovl w~iviny a affMinp +nY ai?1ia4 ~Nn. ~quih «
•~yM ~w+d.r or by virtw d this na.qap. «d th. tvll .n,o~wM of wcl~ and .wry wd~ payman ,hdt b. inrwad'u+.hr due and payabl. s~d ,h.ll b..r h1.ra~
~rom th~ d~N thM~of ueNil paid N ~aM of nLr pN untum pN ~erKMn aid bpMhM wilh weA ieM~nst lIMII b~ wow~d by MN li~n of th:s morytap~.
~ BooK 140 3G5
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