HomeMy WebLinkAbout1702 _ _ 1 ~~)ii-~ ~Ri
THIS INDENTURE, tM ~Vth d of March 19 66
Bernard M. Pa~mer as ~uerc~'~an o e proper 3~ o n a ay a mer, ~s
w and B rnard M Pal v du
of t. I'UC i@ Covnty flaida, AereirWfter desipn+ted +s tM "MORTGAGOR," and FIRST fEOERAI SAVINGS AkD LOAN
ASSOCIAl10N OF fORT PIERCE, • cwporation orgsnized ~nd ~xistirg unde~ tM law~ of tht U~it~d 5ta~a of Am~rica ~nd Mvi~p i» principal pt+t~ of
buuMU in ~M Ciy of Wn Pi~rc~, St. luci~ Counry, florid+, htr~inafl~~ dt~ipnat~d a tl+~ "MORTGAGEE." •
WHEREAS the MORTGAGOR ia justly indtbt~d ro tM MORTGAGEE in tAs ~um of : 18 •~00 • 0`~ good +~d ~+wful money of the Un~tad
Srates advanced by the MORiGAGEE unto the MORiGAGOR, as evidenced by ~ certain p?om~uory note of even date herewith, of wh~ch ths followinp in
wwdt and fi9urts is a trw copy, towit:
: 18 ~1~00 _ Qo 1 1?
~ PKrc., Fi«~a,, March 28 19
Fa vatue received, 1, we w either of us, promisepto pa/~j without defslcation, to the orde~ of FIRST fEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fat Piace, Fiwida, the sum of = 1 v+~" Q•~ 0 w;th interast (rom date at Ihe ~ate of ~ % pa +nnwn. i~ nwnthly in~qlb
rr,en?s as fo:lows: i 132 . 00 a+ ~he thd+y of M8y ~q 66 ~ Uke sum on the correspond~np day of each month ther~-
after until the whole be fully paid.
Each installmcnt fi~st shall be appfted in psyment of fhe interest ~nd then on the unpaid balance of the prinNpal sum. If default is made in ths
paymcnt of any inautlmcnt when due, and such defautt continues 30 day~. then ~t the optan of the holder, and without any othK notice. ~II the remaining
insullments shall be dw and payabk at once. Privilege is 9ivee~ to prepaY this ~ote in whol~ or in put at any time withoul pen~lty. •NtitMr forebaarNKt,
nw aaeptance by the holder the~eof afler any defwlt in aoy p+ymenh hereon, shall be deemed exter~sion. A late payment ch+rg~ of = 6• 6o sMll be
added to each insNll~ent remaining unp~~d 7 days ~ha in due dat~, and • like sum thall be added ro e+cl+ such inttallm~nt ranaininp ve~p~id 7 days ~h~r
each wcceeding p~Yment date.
Each maker, swety and e~dorser hereof, jointly and saverally, waives dcmand, prexntment prote~t +nd notic~ of proteit fw nonpayment, ~nd fuhhtr
aqrees to any extensan of tims of payment, either before w after msturity, without notice to sny of ~s; and to ~ty all costs of collection, includ~rg •
~ reasonable attwney i tee in ths event of sny default hereu~der, snd hereby severally w~ives all benefit of Famestead and exemption under the constitution
and laws of cach State of the United States, as against this obligation a~ny extens~on w renewal h~raof. '
Witness tF?e hand and sesl of exh parry.
/Q~ Bernard M. Palmer as ~
Guardian of the property ~q
nf Linda Mav Palmer, ~wq
In c t t ~?u
, 6o a s~.n R~,. /s Bernard M. Palmer
(S~amps canc~lled oo aipinal no~e1 I'
NOW, THEREFORE, the MORTGAGOR for tfie purpose of secu~ing payment of ~aid sum of S l~~'*~~ , and tM perfwm~nce of th~
coven~nts +nd ~g~eemcnts her~insfter expressed. and for divers yood and vatuabb conside~atian, by tlx~ presu+b, does 9rant, buqain, sell, remise,
reteass, conwy and confum unto tl+~ MORTGAGEE. its ~vccessor~ and auiyns, all th~t urtain lof, p"Na ot pucel of I~nd, sitwt~, fyinp, u~d beinp in th~
County of St . Lucie , and Stat~ of Florida, dnaib~d a follows:
Lot l, Block 1 of the Plat of GREENWOOD, as the same is recorded
in Plat Book 11, page !~l of the Public Records of St. Lucie County,
Florida, being a resubdivision of all of BOOTHE~S SUBDIVISION
(except Lot 1 thereof) as the aeme is recorded in Plat Book 8, page
102 of said Public Records, and being a part of Section 21,
Township 35 South, Range 1~0 East,~
w
K~ ~f t a A
I ~ 1N FArMti~ PMOFER .
~f s~ ~v;~•::~a~E ~Ei~vF~g~1.
E £~QNO`~.u .Ma:•.ij1_~yt~' G,.~T~ W -
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Rn•~ 2~•~ :'--.,,~_ti5 t J Z DOCUMENTAp e STAM_ p Tq~(
d~ a~i~~ 4 i jo~ ~1Kp ~ _ nAR29'66
~ ~rdy ~ V - -~~Z-- ~
St. Gtir~t~ p~t1T~ G1~ N COMPTItOLLER Z~~ O=
P.B. ~~o~ss ~
~ - •
~ together with all and sirgvlar tM tenemenn, heracfi!~menri and ~ppu?tances tFw~eunto btlonpirg o~ in anywis~ ~ppert+ininp thereb, ~nd all rtnn, issues, .
proceeds and profits accruiny snd to accrve from ssi~i premiaes all of whith ue included in tM above ~nd forepoirg dewiption and Mbend~m.
TO HAVE AND TO HOW the sbove described and ~ranted premises unto th~ ~aid N10RTGAGEE, iri waessora +nd +ssiyet forsvu. Md tM s~W
l4tORTGAGOR for hl3 I+ein, ~xecvton, adrninatraton ~nd ~ugro, Mr~by ooverw+b with tlw said MORTGAGEE, it~ wa~sson ~nd auip%
rhat he 1 Q ~~,~,~{~~~y u;zed of the said prem~ses in fs~ simpb; tM~ the sam~ ue fr~e,. clear and dischar~ad from ~II Ikns a+d ~ncum-
bror+ces in law a in equity, u+d tha* h8 will and h19 heiq sMll wurant and deftnd tlw titb to tM s+rr» to th~ s+id
~ MORTGAGEE, in successon u+d assiyro, fweve~ ayairot tlr lawful cl+ims ~nd damw~ds of all perwns;
~ PROVIDED, ALWAYS that if the MORTGAGOR ~hall p~Y unro the MORTGAGEE th~ promiuory not~ husinb~fa~ dacribed and sh~ll tnrlY• W«^Pt~Y
and fulfy perform, d~scMrye, execvte, compkt~, comply with u~d ~bide by ~ach and ~very the ~fipulations, apreeTenb, conditions ~nd oovsn~nn of ssid
Prom'~asory no» and of this Mon9~, then this Morty+y~ and the Estats her~by ve~tad ~11 cs~s~ ~nd b~ null and voiA.
~ IT IS UNDERSTOOD tMt the wwd °Mortypw" whelher in th~ ainpvlu w plwal anywhen in this Morty~pe, sh+ll bs sirqular if a» only and
shsll be plural jointly ~nd ssve?ally if more than on~. ~nd tMt th~ word "their" as used ~nywMn in Nus Mort9sp~ sh+ll b~ taken to rn~in "his;' "I+~rs,"
or "its." wher~ver the contexf w implies w admits. Abo, tMt wherevar then is ~ r~f~renc~ in th~ oown~~b and a~reementa Fwr~in oontairwd ro any of
~ rhe p~.riea hereto, the s+rne shall b~ construed ro me~n u wsll u th~ I~eirs. Ipal npresrntatiws, wocesson and assipro (~itF~u vol~ntary by act of tM
part'~s q irwoluntary by operation of th~ law) of the same and that th~ cowna~n hK~in oontained sh~ll bind a~d tM ben~fits and dvama~s inun
~ ro th~ respectiw hein, by+l rep.~senativa, avcceswn +nd ass~ns of the parti~s haeta
~ Md said Mortyapors, fw tMmselves ~nd their Min, lepal r~e~+t~tives, wccesion and auiprn, h~r~by jointly H+d sevaally covenant and ayr~e
to ~nd with tFM s~id NIORTGAGEE, in succeswrs ~nd auiyro:
t. To p+y ~II ud sinpula~ tM principal ~nd intaat and thi v~rious and sundry swro of moMY WY+~ bY virtw of ~aid promisswy not~. ~nd this
~ mort9p~. ~acl~ and ~very, promptly a+ the days rapeetiwly tl+~ s~nw s~wrallp b~carw dw.
~ 2. To pay all and sinpular tM taxes. ~sHSSmM~. Iwiss. Iiabilitiss, oblip~tiom M+d ~ncwnbnnces of ~very n+hn~ ~ed kind ?ww o~ s+id dew~d
~ prop~rty, or tMt hereah~r msy bt imposed, avffa~d, p~aced, levied, a ~ws~ed tl+e~eon. or tMt here~fier may be Iwi~d a ases~ed upon N~b Mwt~-
+9~, a tM ind~btadn~ss wevred her~by, eacfi and rv~ry, wMn dw and p+Yabl~, accordkp ro law, btiore tMy becan~ delinquent, arwl befw~ arryr int~rsst
~ attache~ w any penalry a i~curred; AND INSOfAR AS A THEREOF IS Of RKORO THE SAME SHAII dE PROAMTLY SATISFIEO AND DISCHARGED Of
~ RECOR~ AND TNE ORIGINAL OFfIC1Al DOCUMENT (511C~ AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PI.PER ~OFFICIAIIY ENDORSfD
OR CERTIFIED) SHAII BE PUCED iN THE MANDS OF SAI~ MORTGAGEE WITHIN TEN DAYS NEXT /~FTER PAYMENT; and in tht event tMt ~ny tl~eof is no1
~ pa~d, sat-ified and d~schu9ed atd MORTGAGEE may at ~ny time pay th~ ~arn~ a any put thenof without waivinp or affsctioy ~ny op~iw~, li~n, equity w
~ •'qht unde+ a by virtue of this mortyaye and the full amounr of each and wery wch payment sh+ll b~ immedi~t~ly due and psy~bk and sl?~II be+? interest
~•om the date thereof untit paid n rate of ~ine per centvm p~r annwn ~nd top~tl+er with such imerett thall b~ secw~d by tM lien of th:s morptp~.
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