HomeMy WebLinkAbout2339 - . . 144316
THIS INDENTURE, N1~d~ tti• ?~r~~ day of ~ Anri 7
, A.Q. 19_.b~l.. b~~ ~
JOYLnni e ~orm~n ~?~d Ro4e L Dnrm_An~ ~i q wj fw r
of St _~~LC i B ~ Cq~nty Ftwid~, hH~iMffM ditl~eutet) as the "MORTGAGOR;' ~nd FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, ~ oorporation orpanized ~nd •x~qi~p unda tM laws of tM Unit~d S•at~s of Amtric• and Mvirp in printipal pl~ of
busu»s~ in ~M Ci~y of Fwt PiNU, St. luci~ Counq, Flwida, Mrdryhr-d~tipr?ated a~ tM RTGAGEE."
• WHfREAS the MORTGAGOR ia juitly indabt~d ro th~ NtORTGIIGlE in IM tum of ;"~~00 • , pood ~nd I~wiul money of the Un~~ed
S~etes sdvancy~ by th~ MORTGAGEE unto ths MORTGAGOR, as tvidenced by ~ urt~in promissory note of even date herewith, of which tl» followirq i~
wor d a n d f' urts a a trw copy, tawit:
_ ~=50~,00 ~ 13,l~~5
wn o;~,~., Fio?~d., A~ r i 1 7. ~ v~
fw value receivsd, 1, we oi eithe~ of us, promj~x ro pay, wifhovt dsfslcation, to the order of FIRST FEDERAI SAVLINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fat Picrte, Fbrids, the sum of f tj • ~0 w;th i~tLerLest from date at the rate of ~.52__96 per ~nnwn, in monthly intt~lb
~nen~s as fol!ows: _ ~ S. 00 pn t1K 15th ~y of ~~,,Y 19_~S~__ iex! a like ium on tF?a cure~pond~np day of each month ther~-
after until the whole be fully paid.
Each i~stallment first sMl( be appiied in paymenf o~ the interest and rhen on tM unpaid balince of the principal wr+~. If default is mid~ in tM
Fayment of any insta~lment when due, and such default conlinues 30 d~ys, the~ at the option of the ho~der, and without ~oy other notice, ~II the remaini~
~nsrallrr~b sMll be dve and payabk at once. Privil~ge is Qiven to ptepaY this note in whOl~ or in p~rf ~t any time wifhovt penatty. •NeithN fOrebH~seKe,
nw ~cceptante by the holdet thereof aite? any default in a~Y paYmenb hereon. sMll be deemad sxtension. A fate payment cha~yt of = LL. 25 sh~ll b~
addcd to each inslallment remaining unpaid 7 days after ib dw date, and a likt wm s!»II be edded to e+ch wcu~ inttallmtnt r~ininp unpaid 7 days ~htt
each wcteedirg paYment date.
Exh maker, surety and endwsx hcreof, jointly snd sevently, w~ives demand, presentment p?otest ~nd notire of protest fot eanpayment, and fwtMr
agree~ to any sx~cnsion of ume of payrrKnL eithcr before a aitcr maturity, without notice to any of u~; and to pay all costs of collection, includ~rg •
reasonabk a~torney'i fee in the event of ~ny dei~uh hereunder, ~nd hartby severally waiv~s atl bensfit of homeste~d u+d exemptioe~ vnder tiw canstitution
and fawt of each State of the United States, as against this obligatio~ p any ~xtemion a renewsl her~of.
Wit~eu tht ha~d ar+d seal of esch party.
__Sf JohrLnie DormAn ~q
_,,~,f Rose L_ Dnrm r? ~q
ts~?U
r ~12 =7 5 ) st.ro eer.i,v. ~
(Stamps unplkd a+ wipinal not~)
NOW, THEREFORE, th~ MORTGAGOR tor the purpose of ucvri =$~~O .OO ~~r„d t~ ~{a,~,~~ of tM
np p~yment of s~id swn of r
coven~nb and ~yrtements her~in~ft~r ~xpresud, and fw d7vers ~ood and valu~bb con~ida~tion~, by th~ss prtaeats, do~s prant, b~r~ain, wll, r~miis,
releaie, convty and tonf'om unto t~e MpRTGAGEE, ib suueuors and ~uipns, ~II tMt certain lot, piKe w parcel of land, sitwt~, tyinp, and b~inp ln tM
Coumy of - $t . Luc ie ~ Sat~ of Florida, d~wib~d u fdlows:
Lots & and 10, of Block C, of MA.RAVILLA TERRACE'SUBDIVISION, as per ple~
;
thereof on file in Plat Book 5, at page 50, of the public records of St.
Lucie County, Florida,
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rogether w;th ap and sinpvlu tM ttnem~nts. 1?~r~c:'anxnb ~nd ~ppurtances tMtwnto b~ w in a~ ~ ;
prxe.ds and profin acuui and to +cvw from saw Y1°'~ PP~taininp ther~to. ~d all r~nn, isswi,
rg piemwes dl of which u~ includ~d in th~ above ~ed forpoirg dewiption u+d habsndwn.
TO HAVE AND TO HOID the ~bow desaib~d and yr~nt~d pr~mises vnto th~ ~aid MORTGAGfE, its woc~tsas u+d auiyro fwewr. Md th~ aald
MORTGAGOR fa thB i~Z I+~in, executas, admir?wtntort and auipns. hatby co+renartb with tf» s~M! MORTGAGEE, Hs wa~swn and awipm ~
,h,~ ttie are ~
X- tawfully ~eized of rh~ said premius in fse s~+pb; tlwt t!» awrw ~r~ hN„ clear ~nd ditch~rped from all liens aind ~ncunr
brances in law or in pviry, and that the.~ w;ll ~nd their heir~ sh~ll w~n~nt ~nd d~fa+d tM titb W th~ sam~ to th~ ~afd i#
MpRTGAGEE, tts suocesson ~nd ~ssipro, fw~ver ay:inst tl» lawful c1aaM ~nd dMn~~ds of dl p~r~o~ns +
PROVIDED. ALWAYS th~t if 1M 1NORTGAGOR sh~ll pay vnro tM MORTC~/1GEE th~ poni,swry iwt~ fwr~;nb~fcre dNCribd snd shdl tnrh, prwnply ~
and fultY p~riwm, dischsr,~t. ~xec~M, compkt~. comply ~,vith and abide by ~ach u~d evary the atipul~Nor?s, ~yr~e~Mnn, condNions ~nd o~v~nanb of aaid ~
prom~swry notc and of eha MatQap~, tl+en this Mortyape and th~ Esa» hereby us~ted shail cas~ and b~ nurll and void.
IT IS UN~ERSTOOO tMt t!w word "/Mortyspor' whett~ in ttw si~yvla~ a plural ~nywhu~ in this AAortp~, ~hall b~ sinpul~r if on~ only a~d
shall be plur~l jointly ai+d swsntly if mon th~n one, and thrt ~ht word "tF~ek" a~ uNd ~nytivhn~ In t1~is AAwtpsp~ sh~ll b~ taken to mean "hn;' "hers;'
w"i»:' wh~revN sM oont~xt so impfin w.dmin. Alw, tMt wh~r~ver rher. is a nf..~no. in ri~e oovN++ne. and aQr~emenn M.ein ooe+uir»d ro a~ryr of
fM parties Mr~to, tM s~rrk aMll b~ caatrued to rrwan as well u th~ h~in, bpal r~pnsentatives, woc~swn ~nd nspn~ (~~ths~ vduntary by act oi tFK
panies or Involuntary by opNation of the law) of tM sam~ and th~t tM oov~r?~nts h~in com~imd sh~ll 64~d and the ben~fi» and advantapp tnun ~
ro tFw re~p~ctive hein. Ipal represx+btives. wcuswn ~nd au!ym of th~ partws MrNa , f
Md said Mortyayws, for thamselv~s .nd eh~ir hsin. I~q•1 npraenr•tiws, a+cas~on and assipm. MnbY iob+Ny ~nd sr?eratly covuNnt .nd pne j
ro and with t!M aid MORT6AGfE, its wcc~sso~s and auiQns;
nd
1. To p~y dl ~nd ain~vlar tM principal and int~nst a+d tF~i vuian ~nd sw~dry ~xn~ of mawY WY~bI~ by virtw of said
mortp+y~• ~ac1~ «d a~M'. P?~+P~h d+Yy nipKtiwly tFw sam~ wwr~Up b~coreN dw. P'Of"'~Y nwe, u~d thi~ ;
2. To pay dl and airpular tl+~ t~xa, u~es~mena. lwiss, fiabilitip, oblipatiom and ~ncumbrsncN of ~wry n+tw~ and kind eaw on said dacrb~d ~
wop~tY, a tha~ I+K~ahK msy b~ irnpad suffNad, pbad, levid, a w:swd therwn, o~ th~t h~r~aftK may b~ Iwi~d a as~swd upon this Morq~
ay~, a rM indebredn~a aea,rd Mreby. ~ad~ and ewry, when dw ~nd p~yabl~. aaordirp w law, befon tMr becorne d~liequem, and b~fw~ any intaai ~
•tt~ches o~ any pen~lty a incwred; ANO tN50fAR ASAiV~ THEREOf 1S Of RKOR~ THE SAMF SHAII 6E PRONIVTLY SAi15F1ED AND DISCHARGED OF ~
RECORD /1ND THE ORIGINAI OFFICIAI OOCUINENT (SI/CM AS, FOR INS?ANCE, 1HE T/1X RKEIPT 04 TME SATISfACT10N PAPER -0FflCIAIIY ENDORSEO •
OR CERTIFIED) SHAII 6E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the ~vem tMt any tlwreof is nof ~
pa~d, ur~sfied ~nd dischN~ed saEd MORiGAGEE may ~t any Gme pay tFM sare» or a~y pan tFweof wNhout w~ivirg w aff~ctinp ~ny aption. Ii~n, puity or ;
•pM under a by virh,e of fhis mortyap~ and the fvll amovnt of e~ch a~d every wch payrn~M shall b~ imrn~di~tsly dw ~nd p~yablt a+d ah~ll bu? intKpt (
<<om th~ date therwf until p~':d t? r~fe of ncn~ p~r c~ntum pN 1M11NI1 ~fld f09tfE1N Witll WCII NItNNt ~FNN bf ucwed by tM I»n of th:s morptape, ~
aoacl~ ~
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