HomeMy WebLinkAbout2097 - ~ 152883
:
16 th Februar ' ,?,c. ~9
b~ e.n~.«,
ni~s urcEHruR~. M.a. d.,, ~ Y'
Ceail NeWton and Mary Dorothy Newton, hi.a te
of St•. L'uQie . Camly Flwida. I~~ittt daipnat~d q tM "MORTGAGOR." ~nd FIRST fEDERAI SAVINGS AND IOAN
/?SSOCUTION Of fORT PiERCE, ~ oorpor~Yan orpani~d and ~aistir~ vod~r th~ laws of the United Statas of Anwka and havinp its ptindpal pbo~ of
bu~iew~s M th~ Cily of Forf Pi~ra. St. lucM C~ty. Florld~. Iwninsf~a detipn~Md as tM "MORTCsAGEE."
WHEREAS th~ MORTGAGOR M ~uttly k~d~bad M t!a MORTGAGFE tn tM ~um of ~OO . ~0 ~nJ I~wful mor»y of tl+~ Unit~d
St~t~s ~dvanc~d by tM MORTCrAGEE ynto th~ MORTGAGOR, u~vidN?ced by • cenain promiatory ~oN of ewe~ dat~ Mr~with, oi which tF+~ fdlowinp in
wad~ an Ofipvr~sON • hw aopY, towih , r~ ~ ~2? ,
0 O
~ ~ ~ e~..~ F+o.sa.. Februa~~~, ~v~tZ
far valw nc~iwd, 1, vw or ~itlw~ of us. promis~ to paY. without defduf'ron. to ths ordar of FIRST fEOERAL SA~/VINGS /WD LOAN ASSOCIATION OF
FORT PIERCE at Fat PiKC~. Fto~wa, d,. wm ot i 9 a~i00.OO wi~h M+t est from d~» a1 th~ wb of ._.[-~f. p~r anncim. h ma?thly instal4
~„e~n to~~s: i~ 98~~~ p~ tM10t2'1 ~r of April , 19~ ~nd • lik~ ium on tM corns~wndinp day of ~+th month tMrr
.fr.. until tFr wFwl~ b~ fuly paid.
Esch L+stalkewnt fint shall b~ appli~d in p+yment of tM ie~~nst ~nd theo on tM unpa~d balance of the princ~pal wen. If defauh h msd~ in tM
payment of u~y irofallrrwnt wMn dw. and ~uch defauh conti~ws 30 daya, then ~t the opt~on of the holde~. ~nd without ~ny otF~ notice, all ths remainlnp
7ruta1lrnMts ~Fwll b~ dw aed p~yabb d onu. Privilp~ is piven to pr~pay Mb eot~ in whols w in psrt at any time witho~t pen~iry. N~eN~1~+er pfo~nbt+r+nn.
nor ~cuptsnt~ by tM hold~r thetwf aRa aey defauh in ~nY p+ymenb hereon, shalt be deemed exre~uio~. A late p+yme~t chu~ of ~i1-~i. shall b~
added to ~ach tnstallm~nt r~maininp unpaid 7 d+ya aftsr ib dut date. ~nd ~ likt sum iMll be added 1o e+ch suth instalfinent rtm~ininp wipsid 7 daya aft~t
each wooNdinp p~ymant d~M.
Eath makK, wrety ud endawr herwf, ioiMiy and severally, w~ives dem~nd, presentment protest snd ratioe of protett fw ~wnpaymant, and furtlw~
agrees to any ~xt~nsion of tim~ of p~ynw+?t, either befwe or after maturity, without notKe to any of us; and to pay all cosh of oollsctan, includinp a
reasonabk attoraey's fse in tlw event of any default hereunder, and hereby sev~rally wsires all benefit of homestesd and exemption under th~ oonstitulion
and laws of exfi SNte of tt» Unibd St+tes, ~s apsinst this obliyation a ~ny exte~?sion u renewsl hcreof. •
Witnas the hud and seai of e~ch perty.
s Ceail Newton ~
s Mary Dorothy Nexton ~
csEwu
. a~w
~ i4'~5 ~ R.r.~.
(S„n?p. w+c.~~.a oripG,.~ nw.)
NOW, THEREFORE, tl» MORTGAGOR for tM pu~pose of ~ecurinp payment of taid swn of = 9~~00 ~ . ard th~ PNfom~nw of th~
cov~nany and p~~nb !w«inaftar ~xpreued, and for diven yood and valuabl~ cornideratia~s, by these pressnts, do~s ~~~nt, birpain, sell, henis~,
releas~. aonwy and aonfum unfo the MORTGAGEE, its successon and assigns. ~II that cat~in lot. Pieoe or pucel of land, situat~. IYinp• uw! b~inp in th~
Couny, of S t. Luc i e ,nd St,i~ of Flo,;d,, dsw;b~d foliow,;
All of lota 6 and 7, and the East l~6.7 Feet, less the North 6.7 Yeet thereof
of Lot 3, and the West 46.7 feet, less the North 6.7 feet_thereof of Lot 10,
Block l, of PINTHTIRST SUBDIVISION, as per plat thereof recorded in Plat
Book 6, page 9, of the public records of St. Lucie County, Florida~~
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top~ti»r with ~II ~nd sinpul~r the t~nNrwnts. I+KedHarnents and ~ppurqnces tMreunro belagirg a in ~nywue appert~inhg tMnto, and ~II r~n1s, usws.
protMds and profits ~an?irg and ro attrue fton? said premises, sll of whid+ are irxitdetl in the ~bov~ and forpanp d~striptio~ and h~b~+~dwn.
TO HAVE API~ TO HOID tM sbaw dncribed and ynnted premises unto the said MORTGAGEE, in waeswn ~nd assipns for~wr. Md th~ wid
MWRTGACOR for thA r h~irs. ~xscuta~s, adminiitnwn and auipro. Mer~by coven+nts with the wid MORTGAGEE, its wocasors and asipir,
that thlgvT ArA lawfulFy s~ized of the s~id pr~n?is~s in fe~ simpir, that th~ sun~ u~ h~e, cl~u u+d d'aclwr~sd fran di Ii~ns and ~ncunr
b~a~as in i~w a in atwih?, and N~ut_t}?Ag will and their h~in shsll wanant and defend tl+~ titb w tM san» w ti» aW
AAORTGAGfF, its woc~s~on ~nd assipm, forewr painst tF~e lawfui cl+irro snd dem~+ds of ~II penaus
PROVID~. ALWAYS thM if tFw MORTGAGOR ihsll pay umo the AAORTGAGEE tFw promissory not~ Mr~ieb~for~ d~wibed ~nd stwll hvly, promptly
end fvlly p~r(onn, dhdw.~, ex~a,a, tomP~~~. ~a^PN wirh ~nd abid~ by each and ~very the sripularioro, .preements, cond'niom ud ooverwnts of wid
Promisw~Y not~ ard of tF~is Mortyapt, t1Mn this Mwty~pe uw~ the 6t~te ha~by u~ated shall cesse u~d b~ null and void.
IT IS UNDERSTO00 tMt tiw word "Mort9~po?" wMM~er tht sirgular or plw~l anywF»n h tha Mortyaye. ~hall b~ sinpular if on~ ad~ ~
•hall b~ plun) ~oimly and Mwrdly ff mor~ than on~, and th~t tM word "their" ~s wed snywMr~ in this Mort~+~e sh+ll b~ t~ken to mean ' his.`• ••h~n~••
or "ib,~ wi»rwa tlw aom~xt w impli~s or admits. Alw, th~t vrharev~r tha~ is a r~faena in tM.coren+nn ~nd ~yr~ts Mr~in oonta'mad ro ury of
rF~ prti~s l~u~to, th~ sam~ aMll b~ eoranuad to ms~~ as well u tlw hein. Ipal r~~sent~tives, wa~s~on ~rd assipns (~iNnr vol~nt~ry b~r act of tl» ~
parti~s or Involw+twY bl? op~r~tion of th~ law) of tM sarrK ~nd thst tbe covensnb herein contairwd sh+ll bind and the bawfits and ~dvantsp~s tnw~ ;
ro tM n~p~div~ h~"+~. bpd nPraa~tativa, waessws and ass~y~ of tl» putia herero. '
Md said Mortp~yors, for thenadws ~nd N~eir Min, Ipal repre~entatives, woasson and assipro, h~r~by ioiotiy and sw~rdly cov~naM and apr«
to u+d witb th~ wid 11AORTGAGEE, i1s wonswn and asipns:
1. To pay dl and tirgular tiw principal a~d intar~st and th~ va?ian and wndry wms of montY WY+bI~ bY virtw of wid promistwy not~, and this
mwp+pe, wch and rwrr. W~Pt~Y an the days re~p~criwly tF» same kwrally becan~ dw.
2. To pay ~tl and ~inp~la~ th~ taxa, aaessmee?ri, tsvks, liabilities, oblipatian ~nd ~ncumbranas of w~ry natw~ a+d kM~d now on s~id d~d
prop~rty, a that Mnafa~ m~y b~ impoNd, wffad. P~sad. Isviad. a a~sesaed tl~eati a th~t her~afta may b~ Iwi~d a aswawd vpon thU Morp~
ay~, a tM M~d~M~d+~s ucw~d Iwreby, e~ch and ~wry, wMn dw u+d p~yable, scoordinp to law, b~fore tlwy bscon~ ddinquNh, ~nd befon ~y Mn~ra1
an~tl~s or a+p p~nalty is incwnd: AN~ INSOFAR AS ANY THEREOf IS OF RKORO TNE SAME SHALL aE PROMPTLY SATISf1ER ~D DISCHARGEO Of
RKORO AND THE ORIGINAL OFfIC1Al DOCUMEHT (SIICH AS, fOR INSTANCE, THE ?AX RKEIPT OR THE SATISfACTtON PAPER OFFICIAl1Y ENOORSED
OR CERTIFIED) SHALL dE PIACEC IN TME MANOS Of SAID MORTGACsEE WITHIN TEN OAYS NFXT /1FTER PAYlMENT; and in tM ~wnt tlut any thK~of ta nol
paid, sat:sfi~d ~nd d'acharp~d a;d MORTGAGEE may at sny time p~y ~I+t ssrr~ w any pwt tMreof witl~o~t w~ivinp w affectinp airy optio~. liwn, puity a
.~qht w~d~r or by virtve of thb mo~ty+pt and tl+~ fvll amovnt of esch and ~very wch paymenf shall be imrnediately dw ai+d p~yable Md slull beu iM~rat
~~om tl+e da» tMr~of entil paid at rate of nirn per centum per ~rwwm t 7th ~ t sMll be secwed by tM Iwn of th:s mwytape.
of }(+c~fo~ jy Mr •~ch„i ~rg -
~ BOOK.iii4 ~AGE~,~ 7J
2 ^w"~r~ ~~'"F'~'KSrz. ~ - - - ~ - ~`~::t~.. `,';~y
~XV
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