HomeMy WebLinkAbout2142 - _ _ - ~ . 149034 ~ ~
rH~s i~~ru~, ~.d. bth d.y October a.c. i9~t...~ e.,~w«+
Bobby Joe Jolly and Betty Lou Jolly. his wife _
of _ •u -i A . Couety fbrida, herfM+hM daip~+?ed ~s fh~ "MORTGAGOR." ~nd FIRST FE~EIUI SAVINGS AND IOAN
ASSOCUt10N OF fORT PIERCE. • oaporatan orp~nis~d ~nd ~x:ating und~+ tFr bws oi tiw Un~t~d St~~~s of /1m~ric~ ~nd Mvup in princtpal plaa of
buur~ in th~ City of Fo~f PiMp. St. luti~ Cow?ty, florid~. Mr~inafia dtsipnat~d as tM "MORTGAGEE."
WMEREAS th~ MORTGACOR~M jwihl ird~bt~d b th~ JNaRTGl1GEE in the wm of S ~~800• ~0 yood +ed lawful ma+ey of the United
Srete~ advanad by tl» MORTCs/l~t'sEE wao N+~ MORTGAGOR, u evidenced by • certain {xom~sory not~ of evae~ date he~~with, of whlch ths followinp in
wwd~ fip~tq Ia • tnn oopy. lowit:
~ 5. 00.00 October 6 ~
iort Pis?c~. Flwid~. 19
for valw nctiwd, 1, vw or ~ithe~ of us, promise to p+y, without def~lc~tion, to the order of FIRST fEDFRAI SAVINGS AND IOAN ASSOCU1T10N Of
FORT PIERGE at iwf Pitra, Flaida, tM swn of = ~~800 _ w;th intLerLett from dat~ ~t ths nM o1~....~s% pe* a~u+u~4 ~~+thly inttall~
~renn ~ follows: i 52 • 00 on th~ l~d~y of 19_i5~__ ~nd a lik~ sum on th~ tonespa?dinp daY of ~~ch month therr
afttr until tM whol~ b~ fully p~id.
E~d+ inst+llm~nt fint ~halt b~ appli~d in paymenl of tht interest ~nd thcn on the unpaid balance of the printipal sum. If default is mad~ in tl+~
payment of a~y installment wMn dw, and wch default tontinues 30 days, then at the optiw~ of the holder, and wifhout any other notice. all tF+e remaininp
~c~srallmtnb shsll b~ dw and payablt at once. Privikys is ~ivan Io prep~Y this note in whok w in p~?t ~t any time without pen+lty. Neithet for~bNru~t~.
r,o. acc~ptano~ by th~ holdK tM+wf ~hK ~ny d~fault in any payments hereon, shall be deemed eatension. A I~te p+yment charg~ of = 2• 60 sMll be
added ro each irotsllm~nt r~maininp w+paid 7 days aRe~ in dw d~fs, and ~ like sum sha!1 be added to e+ch such installment remai~inp unpaid 7 d~ys afhr
each woc~~dinp p~ymN?t dat~.
E~ch makt~, sw~y and ~ndone? Mrwf, iointly ~+d severally, waives demand, prexntment protest ~nd notice of protc~t fw nonpayms++t, and fwtMr
agrees ro u~y extension of time of payma+t, eitl+a b~foro a sfter maturity, without not~ce to any of ~s; snd to p+y +11 cosb of collection, irrcludirq •
ieasonable anwney's fe~ in tha ~vtnt of a~y defautt hercy?nder, and hereby uverally waives all benefit of homestead and exemption under the cantitWion
and lawi of each State of the United States, ai sp+inst this obligatan or any extensan a renewal hereof.
Witneu th~ h~nd and stal of each party.
(SEAq
~ Betty Lou Jolly is~?u
~u
cs~?U
~ 8.70 , s~.r. R.~.
($tamps unotlbd on oripiMl raf~)
NOW, THEREFORE, th~ MORTGAGOR for t!w purpose of securing psyment of aid sum of S 5• 80~ • 00 +~d tM Pe?fo?ma^ce pf th~
covenants a~d ~rKmanri hertin+her ezpressed, and (a d~vers 9ood and valuable coniideratans, by tF~es~ presents, does grant, b~ryain, sell, remise,
release, conwy kd oa~firm unfo 1M MORTGAGEE, ib successors and sssigns, sll thst ccrtain lot, piea or pucel of land, situate, lyirg, u?d b~irg in tM
Couny pf St. _ Lucie State o~ Ftorid~, datrib~d as follows:
The North 1/2 of Lot 3 end all of Lot 2, of Block 2, of
CYLDESDALE AEIGHTS SUBDIVISION, es per plat thereof on file
in Plat Book 9, at page 59, of the public recorda of St.
Lucie County, Florida,~ -
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~ ~ DOCUMENTAo
~ STAMP fAX o ~-~~t,. ' t~s M• ~
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N U COl~IPTROLIER = 0
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rogetMr wifh all and sk~pula? tht tM+~ments, he?edit~menb and ~pp~rrt~nces thereunto b~lagi~g a in ~nywis~ ~ppert+inGg thertto, and all r~nq, iswrM,
pr«eeds and profits ~cuukg and ro acvu~ from ~+id premises, ell of which ue irxluded in the abov~ and for~poirg dexription and Mbendun4
TO HAVE AND TO HOLD tM abow describd and yranted premises unto the ssid MORTGAGEE, in svuesson ~nd assgro forwK• Md th~ sdd
MORTGAGOR for thair ~x~~, ~~~tr~ton and assigns, hereby ooven+nn with the s~id MORTGAGEE, its waessws and ~s~iper.
~hat - thAx 82'Blawfully s~iud of tM ssid premises in fea simple: thst tiw same ae hee, cku and di~d++~ed fran all IMna ~nd ~
brencei in law w in puity. ~nd tM•
thev will aod their Ixin shall wsrraet and deftnd tM title 1o th~ sam~ to tM s~id
MORTGAGEE, its wa~stors and assipra, fw~ver paimt tht lawfut claims and dem+rwis of dl penonss
PROVIDED, ALWAYS that if tlw MORTGAGOR sh+ll pay unto the 1NORTGAGEE tM promiswry not~ Iwreinbefw~ d~acribed and thdl tn?N. promptlp
and fuly pNfwm, dixMr~. ~:ewt~, compl~tt, comply with and abide by each ~nd ~very the stipulatiau, preem~nts, conditbro and oown~nf~ of s~id
~ prom~swry noM and of this Mortpa~e, th~n this Mort9ape and tl+e btate bereby ueated shall oeas~ and b~ rwll and void.
IT IS UNOfRSTOOD th~t the word "MortyaQot" wMther in the si~gubr w plu?al ~nywhsr~ in this AAwtysp~, sMll b~ siigul~r if one onl; 1
shall b~ plwal jok~tly and sw~rdly if mw~ th~n on~, ~nd that the word "their" as u~ed ~nywh~r~ in thia Mwtysy~ shall be f~k~n to mean "his." '7+en;'
c~ "its:' wM?w~a th~ oom~~ct w implia~ or admits. Also, that wherever there is a r~ferenc~ in th~ cov~Ma uid apr~ement~ Mrsin oontaimd to any of
rhe pa~ti~s h~rNO, tM s+rM sMll b~ taatrued to mean as well u tFw hein, kyal npr~sentativq, wa~uas and suipns (~ither voluntary by ~ct of th~
par~ies or krvohx~tary by opK~tio~ of th~ law) of the s+rrr and that ~be covenann herein contained ih.tl bind aod th. ben~fia and ~dvanapa i~ww,n
~o tM rap~ctiw Min, kpal r~praentativ~s, waesson and au~yns of the parties haeto. ~
And taid MoAyapors, fa tF~nnelws and tF~eir hsirs, ley+l representatives, sucoesson and wiyro. Mfeby jointly ~nd a~vKally aov~M ~nd pne :
~o end with fM s~id MORTGAGEE, its successon and assiyns: ~
1. To p~y ~II and sirg~rlar th~ principsl ud interest and th~ vsriovs snd wndry wms of mon~y paYabb by virtw of uid promis~ory rwt~. ~nd thia
morty~. Nth and ~wry, promptly on tlw days re~pectivtly tlw same sevtr~lly betorn~ dus.
2. To pay all a~d sirgular the t~:q. ~sws~menn, t~viea, lisbiliries, obliy+Ywns and ~ncurnba~c~s of ~very o+hx~ u~d kind now on s+~d daaibd
P~oP~~Y, a that h~re~hN m~y b~ imposed, wff~~d. P~~ad, levi~d, w as~s~sed theno~, a that he~e~AM may b~ levi~d a ass~s~ed upon M~it Ma1~
sg~, or th~ ind~bt~dr»ss Ntuted ha~by. ~ach a~d twry, whM dw ~nd payabl~. ~awdinp w law, befwt thty beca~w d~lirqwm, and befwe ~ny YM~r~st
artaches a ae~r penrlty b incwred; AND INSOFAR AS ANY TFiEREOF IS OF RKORD THE SAME SFIAII 6E PROMPTLY SATISFIE~ AND DISCHARGED OF
RECORD AND THE ORIGINAL OFfIC1Al DOCWNENT (Sl1CH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIALIY ENDORSED
OR CERTIFIED) SHALL 6E PLACEO IN THE HANDS OF SAI~ MORTGAGEE WITHIN TEN OAYS NEXT AFTER Pl.YMENT; and in the event tMt any Nnr~of is nw
paid, iat:sfi~d and diuh~r~ed saEd MORTGAGEE may at any t~me pay the same a any p~n thereof without waiviny a affectirg aMr option, li~n, p~rity w
•~qhf undu or by vi~tw of thb mort9sye and the full smount of each and erery such psyment shall be inrnediately dve and payable and ~hall beu ifltNp~
~.cxn tM date tMreof uetil psid N r~te of ni~e per centum per ~nnv~ PACE~~~~ ~11 be secwed by the lien of tl~:s mwytape.
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