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HomeMy WebLinkAbout1700 t•~ a 1«C f t.~i THIS INDENiURE, AA~d~ ~h. 3rd d~y of ~'ebruary A.O. 196_6 bNwt~n Samuel J. Barr as Guardian of the Propertry of Wilhelmina Berr~ an incompetent, a{ St• LLlC~9 ~ ~~nty Flor~da, Mf~iM~~N dtilgnsted s~ tM "MORTGAGOR;' ind FIRST FEUERAI SAVINGS AND IOAN ASSOGATtON OF fORi PIfRCE, a corpwata~ wya~;zed ~nd exuriny under tl» laws of tM UniNd Sut~s of America a~d Mvinp if~ principal pl~t~ of bu~~neu in ~!w Ciy of fa~ P~erce, St. lucis Covnty, Flaid~, her~inafter d~~pnated as tM "MORTCGACsEE:' WNEREAS tl+~ MORTGAGOR ia justly indebted ro tM MORTGAGEE in tM ivm of ~ 2 ~ 7 ~ QO good ~nd lawful money of the Un~ted States advanced by ths MORIGAGEE unto the MORTGAGOR, as eviderxcd by a urtain p~o~iuory note of evon date herew~th, of which the followinp in ~wdt a fig~rei is a trw copy, to-wit: 2 00.00 13315 ~ P~N~e, F~orida, February 3 19 66 fw v~lue received, 1, we a either of ~s, prom~se t pay, without d~faic+uon, to tF~e orda of FtRST ffOfRAL SAVINGS Mta LOM! IlS50C1A1lON OF fORT PIERCE at Fort P~erc , fbrids, the sum of = 2~~00 ~ Q~ w;th i~terest from date at the rate ol 6 2 per annum, in monthly irubll- menn ai fotlowi: i 2•~0 1 tZl ~ of March ~~y 66 ~ ~ ~;k~ sum on the corres Y pondu+y day of each month tMre- efter until the whole be fully p~id. Each installnxnt tirst shal! ba ~pplied ;n p~yment of the interest and then on the unpaid balsnce of the principal iuen. (f default is made in tM payment of any insullme~t when due, and such defautt continues 30 days, then at the opYa~ of the holder, and withoul +ny other notice, all tM remai~ing ~nstallmenla sMll be due ~nd p~yabk s~ once. Privileg~ is given to prepay thit note in whol~ w in p~rt st any tims without pen~ly. •Ne'~ther2f~ebear~nce, nor accepance by the holder tF~ereof after ~ny default in a~Y paYments hcreon. ahall be desmed exlension. A late psyment ch~rge of = 1• shall bs added to each i~utlment remaining unpa~d 7 days aftar ia due date, and ~ fik~ wm :haU b~ added w each s~ch ins~d4nant remaininp ~npsid 7 dayt aher each wcteedieg paYment datt. Each msker, surety snd endorser hercof, jointly and aever~lly, w+ives dcmand, presentment protest and notice of protest for ranpaymenf, and fuMher agrecs to any ex~ension of time of payment, ei~her before w after matvrity, withwit notice to any of us; and to pay all tosts of collection, intlud~np ~ ~easonable attwney's fee in the evc~t of any default FKrsunder, and hereby severally waives sll benefit of homestead ~nd exemption ut~der the constitution and laws oi each State of the United 5tates, as against this obli9ation a any extensan or renewal herwf. Witnesa the Mnd and seal of each party . /a/ SAMUEL J. BARR ~ amue . arr as Guard an~ o e roper y o ~?u~ 3 75 e na arr, an ncomp~,~~t ( ~ ~ Stste Revenue (St~mps uncellad on oti~inal nore) 2! foo • o0 NOW, THEREfORE, the MORTGAGOR for the purpose of iecvring p~yment of ~sid sum of ~ S , ~nd th~ perfornwnce of tl+~ cover~anb and ayreemsNa heerir?iftt~ expreued, and fw divers good and v~l~able cauida~Y~ons, by tMs~ preienb, doef pr~nt, buy~i~+, sell, remiss, relcase, convey and confirm unto tl~e MORTGAGEE, irt tuaessora ar+d at~iyna, aU that certain bt, piec~ or putel of I~nd. situs», lyirg, ~nd beinp in t1+~ Counry of - S t. I.LIC ~A , u~d St~t~ of florid+, d~wib~d ~s follows: Lot 3, Block 2, HELEh HA~IMOND SUBDIVISION, as per plat thereof on file in Plat Book 7, page 23, public records of St. Lucie County, Florida, This mortgaga executed in liex of a"purported" mortgage to First Federal Savings anel Loan A~sociation of Fort Pier~e in like amount, same date, on which the Intangible Personal Property Tax has been pafd. • See C2asa "C" Intangibls Personal Property Tax Reeefpt No. c'6s843 T issued by Tax Collector of St. Lucie County, Florida. ~~ce~veo: ~~'O ..rM~NrostAxEs DUEON GlA:is'C' 1NTA' IBLE FfR~3Vtt ~~+QFERTY. Pf1RyU.~NTTOCMAPFE4 L721,/1,'i~t~F~911, RfX's_R POIf~2.~:, U~rk Cir~.:? ~ vrt os 4~em f_~r CU.'Ti5 M. 1A.~!'S St. lrci~ Ga.~++ty To~c Colloctot Sy cl;G,l~r oEpu~ c~~RK-' together with ~II and singular th~ tenemenri, herec':tamenfs and ~ppurtances tMreunto belonpirp a k~ anywbe ~ppertainkiQ tMreto, and ~11 renN, itsw~, prp~y and profin ~cauinp and to +cuw from s~i~: promises all of which u~ indud~d in th~ abov~ and fwpoinp dewipYqn and F?~b~+m. TO HAVE AND TO HOID the ~bow desc?ibed and yr~nted premises unto tFy said MORTGAGEE, ib wotessors u~d atsipin fw~wr. Md tIN said MORTGAGOR f h6r Iwin, sxacuton, x~miniitr~tws ~nd ass3g~». her~r coven~nts with tM said MORTGAGEE, its wa~sson and wip~s, ~har ghe ~S lawfully seiud of the s+id premiies in (ee :imple; tMt tlw sam~ ~n frN,. cl~u and d'achar~d hom all Uens and ~ncw~+~ br~ntes io law w in eqv'ity, and that 8h@ wil~ and h@Y' txi~ s1,d1 v„ar,aot ud d~frrd rlw~ titb a rh~ sarne m tM aatd MORTGAGEf, its successors ~nd asaiyvu, forever apiinst th~ I~wful daimt snd d~m~nds of all p~rsoept P1tOVIDED, ALWAYS thst if tM MORTGAGOR ihall p~y unto tlte MORTGAGEE th~ promittory not~ hereinbefon dauibed ~nd shall twly, promptly and fully perform, diuh~r9e, ~xecvt~, compkte, comply with ard abide by each and w~rp tht stipul~tiaa, aprsanenq, cond;tiau ~nd covenann of aaid promitwry not~ and of thb Morty~pe, tlwn this A~1wt9ap~ and th~ Eaqt~ l~aeby aNt*d ~MII ar~s~ and b~ ~wll u~d voiA. IT IS UN~fRSTOOU t1?~t the wo?d "Mortp~por' whether in fM sirgulu a plwsl anywhNt fo this Mortya~, shall b~ siny~lar if on~ only and •hall b~ plural jointly and s~verally if mon th~n one. ~nd th~t tM word "their" ~s wed ~nywhen in tF?» Mort~~e ~II b~ taken to mean "hia," "Mn;' o~ "ib;' wherever ths context so implies or admits. Alw, rha~ whereve. ~he.e b a.ef.nnc. in iM coven•nn and ay~~anenb heran oontained to any of ~he p~rties herew, the ssm~ shall b~ construed to me~n u well as tl+e h~in, lepal npes~natives. suconsors and assipro (either vol~ntary by ~ct of tlw pa~tia or involuntary by oper~tion of tM Isw) of th~ s«ne ~rd tFut th. covN++nn M..in conraind sh.N bird ud rh. ben.f;n .nd advmp.~ irwn ro tM resprctiw he'as, Ipal ryHesenr~tive~, waeswrs and aa%yns of th~ putia Mrero. Md said Mo~t9ayors, iw tF~ems~lva and tiKU h~in, leyal rep~es~ntatiws, successas and ~uipro. Fwr~by jointly ~nd ~tverally covenant ~nd apne ro ~nd with tfrr s+id MORTGAGEE, its succssson ~nd auiqra: 1. To p~y ~0 ~od tirg~lar the principal and inta~st snd the vuious ~nd wndry sums of mawy paY~ble by virtue of iaid promiswry ~ote, and tha mo~tyay~. ~ach and every, promptly on tM days rapettiv~ly th~ tarn~ ww~altp b~tort» due. 4. To pay ~II ~nd swguta th~ taxa, auesunen». Iwies, li~bilities, oblipatio~s and e~mbrancn of tvery natw~ and k~+d eqM, on sa;d dpvib~d prop~ty, w th~t hsreaher m~y b~ impoad, auff~r~d, plsc~d, levi~d, w~s~swd thsreon, a that her~~her may b~ kvKd w~s:eased upon thb Maq- aye, a th~ indebtedn~ss war~~d her~by, sach u+d w~ry, wFwn dw and piy~bl~, aaordiny to law, b~fwe they becom~ detinquent, and befor~ any int~r~st attaches w any penalty a incwred; AND INSOFAR AS AN THEREQF IS OF RKORD THE SAME SMAII 6E VROJNPTLY SATISFIED AND DISCHARGEO OF RECORO AND THE ORIGINAL OfFIC1AL pOCUMENI (5(JC~ AS, FOR INSiANCE, iHE TAX RKEIPT OR iHE SATISfACT10N P/!PER -0FFICIALIY ENOORSED OR CERTIFIED) SHAII dE PIACED IN THE HANOS OF SAID MpRT6AGEE WITHIN TEN DAYS NEXT AFTER PAYMENI; ~nd in the event tMt any thereof is nw paid, iat"sfied ~~d dischuyed sa:d MORTGAGEE may st ~ey time p~y tM urrw w any pKt tMreof withovt w~ivinp or sHectirg arryr op~iw~, li~n, puity or •~qht under w by virrue of this mon4aqe and the full amount of s~ch ~nsl every such paymsM thall b~ imn?ediately dw +nd pay~bk ~nd aMll beN interat ~~om the d~t~ thereof ~ntil p~~d n r~te of ~u~e per centum pe~ annun? a • such iM~r~~ be s~cvred by th~ Iien of th:s mw9ta~- ~ ~ ~ ~ ~ r-.~"~~~.. +_z.. wo. ! . . ~ s