HomeMy WebLinkAbout2764 149420 ~
THIS INOEhtTtiRE. M~d~ 11+• ~ t Zi ~ d~y of 0 Q t O~ e Y~ ' . A.D. 19-~.. bNw..n
Bruee llen ~p,d Barti w A~ wl ~~n~ hi a vrt ~
of St. Lunie , Cp„yy Florid~, Iw~&whw duipnalad as tl» "MORTGAGOR," ~nd FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ corpor~tiae or9u?iz~d ~nd ~awtinp w~da riw I~ws of tM Unit~d SutN of /1m~~iu ~ed Mvinp it~ p~(ncipal plsp of
butin~u h tl~ Uty of hA Pi~rp. Sf. Lvti~ Co~Mfp. FlotWa, htrtin~Na d~sipn~bd ~s tlw "MORTCsAGEE."
WFfERFAS tM MORTCsAGOR b jv~ly k~d~bf~d to th~ MORTGAGEE in tM ium of ~,r.~ ~~5Q - DO qood ~ad lawful mon~y of th~ Unit~d
S+atM ~dvannd by tM MORTGAGEE w?to th~ MORTGAGOR, as ~videnced by a csrtaln ~w not~ of ewn date hertwith, of whKh th~ fdlowinp in
wada OfipuOpo ta a trw copy, bwih i
• . u,. l. ~'~~~1 _ :
` Fwt PiNCt, Fbrida, 19_.~ 1
Fw valw r~iv~d, 1, w. w•iM•. of us, prom;s~ ro y, wirhout dffaka~ion, ro th~ o~de? of fIRST FEOERAL SAVINGCS~ AND LOAN ASSOCIATION OF f
FORT pIERCE ~t Fort piKC~, Fbrkla, tM wm of 8~ • 00 w~th interast from date at tM rat~ of ~~lG pu ~nnum, ie mo~thly ku1a11-
menn u fotlows: t 65 • 0~ on tF,~ ~ d~y of Fe bruar,y 19~ •nd • uk• swn on rM oar.•pondcnp dar of .aeh ma?~h tMn-
after wuil tFw whol~ b~ f~tly p~id.
Each insfallmsn~ fint tAaN b~ applied in paymeM of tM inte?est and thsn on the unpaid bel~~ce of the p~i~cip~l wm. If deiauh is m+de tn th~
payment of any irb1a11e~Nnt whsn dw, and s~ch defauh conti~ws 30 d~ys, then at 1he opt~on of the holder, ~nd witlw~rt any oti~ notice. ~II tf~e ~sm~ininp
~nstallm~ot~ s1y11 b~ dw and payabl~ ~t ont~. Privilep. a yiven ro p..pay ~ha oo~. ~n whol. a tn pa.r a~ any t;me wirhow p~n.hy. 1~k~tMr for ~+oe,
no? ~ccept~np by tM hold~r tlw~of aher any defavlt in a~ paYm~nb hereon, sh~ll b~ deemed extension. A Iste payment cMr~ of • 2 sh~ll b~
added to Nch inatallmN?t ram~ininp unpaid 7 daya after lts du~ date. and a liks wm shall b~ added to each wch initalL~nt r~maininp ui+p~id 7 days afM
each suaNdinp paymMt d~t~.
E~ch m~kp. wr~ty sod endorNr hK~pf, jointly and sevenlly, waives demand. p?ese~tment potest and notiq of prWqt fw eanpayment. ~nd fwthK
agrees ro any ~xt~nsan of tim~ of paym~nt, either before a aftK matw~ty, without ~otice to sny of us; ~nd to p~y all cosh of collection, inclvdlrp a
reason~blt ~ttwnty's fee in ths event of sny defauh hereunder, ~nd hereby severatty waives all benefit of homestead ~nd exemption under the tonstitutbn
a~d lawa of each Sts» of tM Unit~d States, as ~gainst this obliystion w ~ny eztension w renewal hereof.
~tmss tM Iwnd and stsl of each p+?ty.
S Bruce Alle ~
S Bartie B. Allen ~q
~ ~
$z 1 85 cs~,w
t • ~ sn+. A.,,«?~,.
csr.n,p. c.nodba oe «tpin.~ not.)
NOW, THERfFORE, th~ MORTGAGOR fw th~ purpose of securirg p~yment of Nid sum of s 3. 850 .
. ~nd tM ptrformancs of tM
~o~«w+a +r+d +pn.m.~n h..~~nah.r exwHSed, and for d7wrs pood ~nd v~lwbl~ coniiderataro, by tlws~ pr~senn. does yrant, bu~ain. sell, nm~u,
relcass, canwy and oonfirm unto the MORTGAGEE. in successon ~ed ~ssi9ns, ~II tMt certain lot, piea or parul of I~nd, sitwt~, lyirg, and b~inp in tt»
Covnty of S t- I.l1C i A , and StaM oi Florida, d~wib~d as follows:
The I~IW~ oP the NW~ 01' the NW} oP Section 8, Toxnahip 35 South, Range 40 ,
East, LESS AND EXCEPT the Polloxing: ;
The Weat 210 .feet thereof, the North 250 1'eet thereoP, the Eeat 40 Peet
thereoP, and the 3outh 2~i1 Peet thereof,
ALSO DESCRIBED AS the South 150,9 Peet of the North 1~00.q feet oP the
West 1~12.5 Peet of' the Eaat 452.5 Peet of the NW4 of the NW~ oP the Nl~f~
01' Section 8, Township 35 South, Range !~0 Eaat, ~
~
~
RiG~1VED f IN P~YMEMTOFTAXES
W a,~,r I C_ ~ I • ~ ~ DUE ON G1~:5 ~C' tvTAV ~~4tF PEQ:.I`il~t PIiC~ERT~
} `''~-V~~1~L~~ PU?iSJJ1!IT'~:ti~~icir'.','':~ .^i+~;F19~1,
~ z DOCUMENTAp~STat~p TKX ~.G ~ . , =is+k ~:it~~ ~ v~t
~ _ co ~ > '
~ - OCT24'65 ? , "a;:•- ` ~~`S
o = ~ = os AquM f:r ~L' ::S N?.1~1.
~ "t~ II85= " Tax ~K~
~ e~•u~raouEa St• luw ~+^h ~
P.~.'99~38 \oc+~~ -
_ ~ y DERTTY ~
toqeth~r with all and sinpular tlw t~nemsnts, harediramenti and appuvunces therew~ro belonpinp a in arrywi~ ~ppertsininp ti~aNo. and ~II ~ts, istwb
proce~da ~nd profin ~cwiop ~nd ro scuw fran aid p~emises, all of whid~ are included in th~ ~bov~ and for~yoi,np dewlption and Mbu~dum,
TO HAVE AN~ TO HOLD th~ above described ~nd 9ranted pemius unto the said MORTGAGEf, its suoussors and wipns forewr. And tIN tafd
MORTGAGOR for thA i r heirs. ~x~cutors, admiru~t~aton and auig+n. hereby cwensnb with ths said MORTGAGEE, its wcceuws ~nd a~ti~r, i
that t hA n~- lawfvly sei:ed of tF» s+id prani~s in fN simple: th~t the s~me ue fr~, cleu and d'achsrped from all liens and ~o-
brances in law or M~quify, and thst_.*,~_ will and tbeir hein sMll w+rr~nt ~nd def~rd th~ tit4 b the san» to t!N wid ~
MORTGAGEE, Hs woassors and auig~s, fwewr ayaimt tM lawful claims and dam~nds of all parsorp; ~
PROVIDED. ALWAYS th.t if tF~ MORTG/lGOR shall psy unro tt+e MORTGAGEE tfw promiswry ~a• her.inbefor. dtiarib.d .nd sl,.ll ervlY. prwnp?y
•nd fully p~r(wmi, d'qdurp~. ~:ewt~, compbts comply with u~d abide by e~d+ ~d tvery the stipubtions, apreemants, ow~ditiotn ~nd oove~anl~ of aid
pranwsory nob and of this Morpspe, tMn thi~ Morty~ye snd the Estate hereby veated sh~ll ce~s~ ~nd b~ null aeid void.
IT IS UNDERSTOOD Nwt th~ word "Morty+yor'~ whether in tM w~pular a plwal anywlxn i~ tha Mortyap~, sh~l( b~ skgvlar if one onl; ~
sh~tl b~ plwd iointly ~nd artnly ff mwt than one. +nd that the word '9heir" ~s used ~nyvrhert in thia Mwt~~ shall be t~k~n to m~sn ••his~ •••hen~ .
w"its,° whar~va th~ oo~nbxt w impliN p sdmits. Also, that wherevsr tha~ i~ ~ referenu in th~ covenanb and +gr~emeny haein ooMainsd ro u~y of
tF» pKties h~reto, tM same ~hall b~ oo~nt?ued to mean as w~lt aa the hein. Ipal rep~esenrativts. suoc~uws and as~ijpy (~itl~ wl~ntary by ~cl of th~
p+rtia a Invol~tary by opention of the law) of tiN sarne and thst the coven~nts herein conuined shall bir+d ~+d tFw b~nefits ~nd advantayes inw~
ro th~ nsp~ctiw heirs, Ipal npnser?tativ~s, s~ccessoro and ass~y~s of th~ puties hereto.
Md ~+id Allortp+pon. fo~ thu~aelvas and ti~i~ Min. I~al repre~ent~tives, successon and asiym, hereby jointly ~nd ~svwally oor~nant ud ap~~e
ro and witl? th~ ~aid MORTGIIGEE, its woo~ssors and assi~e~s:
1. To pay ~II u~d sirgular th~ pr;ncip~l ud interett and tM vuio~s ~nd sundry sums of money paYabM by virtw of s~id prom;s~ay raM, and t1~s
'^~?~~+D~. ~d ~~Y. W~Pt~Y d+ri ?~aPactively tM sam~ stwrally b~conw dve.
2. To p~y ~11 and sinpul~r tM t~x~s, a~esunw+n. ~wi~s. li~biliti~s, oblgatiom and encurnbnnces of fvsry naAa~ and kkd now on i+id d~scrfb~d
P~~~Y, a tiwt F»reafar may be impowd, suffK~d, placed, levi~d, o~ awssed th~non, w tMt her~+fta may b~ Iwi~d or aNSS~d upon tNs Morq-
~w, a ~M tnd~b~~dn.u Nc„nd Mr.by ad+ and ws.y, wMn due aed pay.bl., aa«d~np a I.w, b.fo.. ttwy beooaK dNinquem, and b.fo.~ aiy un«.s~
att~cMs or any p~nahy is incw~ed; /lN~ 1NSOFAR AS ANY THERfOF IS OF RKORD THE SAME SHAIk 6E PROMPTLY SATISFIED ANO DISCHARGEp QF
RECORD AND THE ORIGINAL OFFICiAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR 1HE SATISFACTION PAPER OffIC1AlLY ENDORSEp
OR CERTIFIED) SMAtI dE PIACED IN tHE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NfXT AFTER PAYMENT; ud in tM evertt th~t any tlw~sof b rw1
p+id, saY.sfi„d u~d discharped said MORTGAGEE may at any t~me psy the same w any pHt tl~eof w;thout wsivirg a~ffsctirg ~ny optioo. Iw~, ~q~ity or
•~qht und~r a by virtw of M~is monyape and tF~e full amo~nt of each and every wch paymN,t ihsll be inrnediately dve and payabl~ and shall bear intsrest
frpm tIN daM fhNWf {w1fi) wid 1f Iafe OF n~ne per centum pe~ annvm and ropether w~iF~ wcF~ interes! sh~tl b~ secwed by th~ lien of th:s mor9ts~-
aooK15~ PAGE 36~
- -}:r - - - ~
~9"~` m.- a~. .r-xl;,~
:,r,~'.a f'~
~ '
_ . Yst:~.. i~'