Loading...
HomeMy WebLinkAbout1697 ?.~~~'r~ fr~~! THIS INDENTURE, IYI~ t~ 21'1d ~y pf Ju1T V ~9 ~ ~ •e y and CArol y11,1~, Aai 7 e~,~'~' Wife of st • L110 A Cp~~y f~p~~ ~tir?~h~t d~slpn~Md q tlN "MpRTGAGOR," ~nd FIRST fE~ERAI St~Y1NGS AND IOAN ASSOCIATION OF fORT PIERCE. • oorpor~tioe orpu?iz~d u~d ~a ~ u~r th~ I~ws of tM Unibd Stara of Am~riu and havinp Ib prtnclpai pl~ of busin~u fn th~ Clty of fon PiKU. S~. Luci~ County. fl«ida, ha~K ~~1Y'!M~ a tM °MORiGAGEE." VHHERFAS tl+~ MORTGAGOR i~ jw11y k?d~b~~d to th~ MORTGAGEE H? 1M~ wm oi : 7?~,~riO~ ~Q ~pa/ ~ l~wful nwr~y o( th~ Unlt~d S~atN adv~nad by th~ MpRTGAGEE unto th~ MORTGAGpR, ai ~vidsnqd by ~ anain promistory not~ of ~v~r? d~t~ Mrwv~tF?, of which tM folbwinp in words Md ' vr b a trw ooPY. lo-wit: 1 608 12 2 ~~0 fort Plkct flarid+. -'1~~ 2~ 19 Fw vdw r~celwd, vw or eit4er of u:, prorois~ to withoul d~falc~tion, to fh~ wder of FIRSi FEDERAI VI ANO IOAN ASSOCIAiION OF FORT PIERCE Fort PINa. Fbrid~, ths wm of ~ 12 i~~ ~ 00 with int~er~~t fram dst~ at N+~ ut~ of 2 pK u~nuny in nqnthly imtalb ments a follows: = 90~~~ p~ ~Fw l~~ ~y ~f Oetober ~yb ~J ~ sum oe? tM carnpw~d~np d~y of e~ch month th~n- •f?er t?ntil tM whol~ b~ f~lly paid, . Esch iratallerKnt fint sMll b~ applied in payment pf tM inte~est u~d tR~n on tM unpaid bdance of th~ princtp~l wm. If defwh is made in th~ payrr~M of ~ny init~llment wMn dw, u~d wch def~ult continues 30 days, then ~t tM optan of tM hokla+, and without sny other notic~, sll tFw remaininy insullmM?y siytl b~ dw a~d pay~bl~ al onu. PrNilep~ ii piven ro prepay thi~ no~~ in whob or in pKt ~t ~ny tim~ withow pen~lty. •FNitMr~+forebt~r~. nw act~ptaeq by the ho1dK tFw~eof ~he? any d~fa~h in anY paymeny henon, ihall b~ dNn+~d ~Yte~?~ion. A lat~ paym~nt cku~ of s 4+ a~ . ~hall b~ +ddd w ~ad~ tr»~allw~enf r~maininp w~p~;d 7 days afte~ in dw daq. u~d a lik~ sum sh~ll b~ add~d ro e~ch wch init~llm~nt r~ininp unpaid 7 days ~het ~ath iveusdinp WYenMt d~t~. ~ Esch makK. tw~fy and ~ndorss~ henof, jointly ~nd aeva~lly. w+iws d~m~nd, p~septm~nc protes~ ~nd notiq of protest fo~ n«~p~yment, ud fwtl~ egrees to ar?y ~xtension of Nme of payment, either bsfwe w ~f~a matwity, wi~hout notKe to sny of us; and ro pay all cosq of collection, inclvdlnp • reaw~?~bl~ anwney'a fe~ in tM ~wnt of any defsult her~u~der, ~nd Mr~hy s~verally waivK ~II benefit of Iwm~ate~d ~nd ~zemption under th~ ca~titvtion and laws of each Sqt~ of ilw United States, ~s ~pain~t this obfqatan p~ny exte~san or re~ewal h~reof. ~tnas the I+~nd ~nd seal of ~ach party. . • s Cod L Baile ' . c~?u s Carolyn A Bailey ~ cs~w , ie.~-5 , R.r.~. c~"u (Sqmp. anodl~a on oriplnal na.) . NOW. THEREFORE, tM MORTGAGOR fw the purpos~ of ~curi^p WYment of s~id swn of ~ 12~2~~.~~ ,~nd tM pNfornwnc~ of th~ ~ov~nant~ and ~prNm~nq Mrwufnr ~xPressed. aed for ~v~n yood N+d v~luaW~ oonsid~r~tioeu, bY th~a~ Pr~+~nts. don p~~rN, brQ~ir~, s~p, remia~, releaH, conwy and oonf'vm unb tl» 1NORTGAGEE. its wcceuws ~nd ~ssipnti dl tMt aHt~M la, iiwr~ or P+ral of land, situat~. hinp. ~nd b~inp In tM Co~nry d_?~t. LuC'le , and Sqt~ of Plord+, dNVib~d w followu Lots 14 and 15, Bloak 48, IInit #1, SAN LUCIT PLAZA, ea per plat thereot recorded in Plat Book ~age 5?, public recorda of St. Lucie County, FloridQ~,/ ~ b„/ o~~. ~~~N~ ~ ~j'EGV~4~•C 1NTAN~~~ ~sor pd~UANt TO CHAPTE~ ~~1 f ~c,~~t ~~'~ns N?. o+ Itio~d' tc~~.~aK . SR. d~~n cu~ ~ W ~ i-~ ~ t oF L ts k-t 1 L) DOCUMENTQ°~ sl Atj'P TA ~ ~ Z = ~g~ 18 4 5~ ; ~ ~ - ~ - ~ = u N v coNatao~~Ea PB.~soi3s rop~tMr with al! and sHgvla th~ t~nem~nM, hsr~d'narn~nri ud ~ppurt~nces tMrwnto b~ :,npiep or in anywis~ appert~inirq thenb, aid ~tl rMts, hs~+a. proce~ and profin aaruieg and w scvw from said premats ~II of whid~ u~ inel~id~d In t!w ~bov~ ~nd 4wpoinp d~saiption ud Mb~ndwn. TO HAVE AND TO HOID tM abov~ destribed and prant~d pemiws unto th~ s~W AI{ORTG/~GEE, its wocasors and ~stiy~s fonvw. Md th~ ~a~d MORTGAGOR for t~lA I»in. ~x~cuton, admin~n~ron and ustpm, h~r~by oown+nn with th~ ~aid MORTGAGEE. Fts suaa~ws and usiym, ' rhat ~:1'1AV x»p? I~wfuly se~zed a/ ths said pr~nias in fe~ +Finar, that tl~ sam~ a~ frN.• d~u and diachar~d fram all li~ru and ~naxo- ~ b.~nus in law or in putryr, uid N+a* ~e~ will and thAi r t~ ~hall warrant and d~f~nd d» titb w the sam~ w tM wW MORTGAGEE, its svcceswrs uid assip~, forwer p~irot th~ lawfui dainN and d«nMds of ~II pKw~t YROVIDED, ALWAYS th~r if rM 1NORTGAGOR ~MII phr uoro th. MORTCJ1Gff tl» promis.ory no» Mr~inbefor. daaib.d .nd sh.fl mrM, prompty •nd fu1~Y W?iwm,, dadwr~e, ex~wtt, can+Plete, canVb with and ibid~ by Nd+ a~d ~wrr fb~ stlpulations. +~r~naen, oonditiom ud oov~nanb of iaid P?omiswrY not~ and of N?i~ Mwq~, tMn this Morfpap~ and tM Est~t~ haeby c?en~d ~Full aa~ ~nd b~ null ~nd void. IT IS UNDERSTOOD tFwt tM word "Matppor' whetha in the sinpulu w plwd anyvvM?~ ln tF~is Mortqp~. ~1yll b~ f •kgvlar if or» on(y a~?d shsll b~ plur~l iointlr u~d wwr~lly if mor~ tlw+ on~, and that tIN word "tl+eir" ~s uud anyrvMra in th» Morlpap~ ahdl b~ tak~n to me~n ••hir,•• ••hxs•• ~ w'in„" wherwN tM oontact ~o impliu a ~dmin. Abo, that wlwev~ then b ~ n{~r~ h tM oowMnq and pne,n~nn Fw~sin oa+taimd to ~ny of f ~M pa?ti~s herNO, tM wn~ ihsll b~ oonsnwd to n~an as wsll as th~ h~us, {~al r~prewm~tiws, wonswrs and usipns (~iNwr vdvntwy bp act of tl~e p+rrws or involvnr+rY bY opNatia, of rl» law) of tM ~ame ~nd thaf the cov«+~?ts har~in cauaLNd ~h+ll bind ~d rFN b~fi~s ~nd adv~nrapa Gwr~ vo th~ respediw Mirs, bpal repraent~t~ves, wcus~an ~nd as!9m of th~ partws bn~ta Md said llllortyspas, for tl~emwlws and tFKir heirs, lepsl r~pnsent~tivss, suec~swn and ~uiqM. h~r~by io4~ty and se~rudiy ar.an~m ~nd prs~ ' to and with t!M aaid MORTG/IGfE, its wan~ots and awipnK : 1. To pay al! a~d abgvlar 1h~ pintipil and intv~st and thi variais a~d wndry ~um of moeNr payabb by virtw of said pranissory noN. ~nd M~h mwtC~pe, tath arld ~vNY. P~~Pt~Y d+Y~ ?e~PKtiwhr tIM s~nM NwraUp bKOn~ dw. 4. To pay dl and ~irgular tM tax~s, aae~b. ~wi~s. IiabilHi~s, obli~~tions and ~ncvrt~branas of ewry nawrt uid kind now oe said daorib~d P~~b, or tlwt hae~ft~ may b~ impoKd, wN~n4 P~+ad. Iwied, or a~esssd thenory a that Mr~ahar m~y b~ Iwid or a~ws~ed upa~ tNs Matp~ ~D~. a tlr hd~bt~drra uax~d Mnby. ~ach ~nd wuy, wMn dw ~nd paysSle. ~ocwd'a+p to law, bfon they b~can~ ddinqwm. ~nd b~ia~ a~+y intu~st attach..s or ~ny penaNy a intwnd; AND INSOfAR AS THEREpF IS Of RKORD THE SAMf SMAII 8E PROAMitY SATISHED A(VD DISCNARGED OF RECORD AND THE ORIGINAI OFfIC1/1l OOCUINENT (SUC~ AS, FOR INS?ANCE, THE T/1X RKEIPT OR THE SA715FACTION PAPER ~FFICIALLY ENDORSED OR CERTIFIED) SMALL 6E ilACEO IN THE HANDS OF SAIp NIOkTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; and in tht evan~ that any Nwreof is eat pa~d, fat'~fisd and disch~rpd u1Q 1NORIGAGEF inay at any tinw pay tM a~ene a amr put tlwrwf wi~hovt w~ivng w aff~ctiny +nY aP~io^, li~n, puitY w •~pht vnd~r or by virtw of thi~ moHqape ~nd tM fvll amovnt of e+ch and every such p+ymeM ~II be iirrnediat~ly dw ~nd p~y~ and ~halt b~ar imant ~~om tht d~t~ th~nof vetil p~id ~1 r~tt of nin~ per untum pa ~nrwm and kp~tAar with wch intM~tt ~hal1 bt ucu~d by tM li~n of tb:s n~orptap~. ~ goar 150 ~ 496 ~ . i~~~ w ~-y ~ ~ = - . ~ : -