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HomeMy WebLinkAbout2318 ~ 159194 ; . t?qS INOENTURE. M+d~ N,. 28th ~r ~ Jnln A.D. t9~Z, bdw~+ Narold St~cer and Ila Spencer ~ his wife of St. Luc~e „ Cpy~ty Florida. Mt~iMfiK d~sipn~ttd q tM "MORiGAGOR,"' ~nd FIRST ffOERAt SAVINGS AND IOAN /~SSOCU?TION OF FORT PIERCE, + cwpor~tion apanised ~nd ~xistinp ur?dK th~ law~ of th~ Unit~d Sata of An~uka aod h~vkg tts principal plao~ d bu~ in th~ pt~r of FoA Pi~aM, SI. lvtN tounb, fbrid+~, hK~in~fi~r dafpnand a tM "MORTGJ?GEE." WHERE/1S th~ MORTGAGOR i~ ~uqly ind~bad b 1M MORTGAGEE in tM wm ot 3~ Z00 • O~ and lawful enawy of Mw Unitad ~ St~t~ ~dvanad bp tht MpRTG~1GFE ur~b th~ MORTGAGOIt, u~vld~nnd by a oKtain promiaay rah of ~wn dat~ Mrwvith, of whicA th~ fdlowinp in words and ffpurN N• tnn oopy. towih = 3~ 200 • 00 . wo 14, 310 ~ p~~ July 28 19 67 for valw naiwd, 1, vw or ~iN~a of us, promi~ fo pay, without d~f~tcatton, ro th~ ordK of FIRST FEDFRAt S`AVINSG_S~ AND IOAN ASSOCIATION OF FORT PIfRCE ~t Fat Piaa. fbrida„ th~ swn of ~ 3 s~~ Witll iMKN! ~fOfl1 di11 ~T tM /d~ Of V•7-'7f, p~r ~onwn, in monthly iiptalE menn a follow~: ~ 44.00 lOth ~y of September ~ 19 67 ~nd a I~~ uan on tM ca?Npw~6np day of ~ad? moeth tMrr ~fter until tiN wlwb M fully p~id, Each insultmant fint shall b~ ~ppli~d in paym~nt of tM int~rest and then on tM vnpaid b~lancs of tM prindpal wm. If defwh i~ n~ tn th~ p+yrn~t of any insallmenr whM dw. and wch defauk continwa 3p diy~„ the~ at /M option of the holder, a~d without ~~y otF~ noY~u, aIl the ren+ak~irg in~tallm~nta ahall b~ dtK a~nd pyabls ~i onc~. Privilp~ is piwn to pr~pay this oot~ in whol~ or parf at any tune without p~nalty. NeithK fot~bsaru~te, nor +caPt+no~ bY tFw ho~dK tMhof ~hK ~ny def~uM in anY paym~nb hsrwey sh~ll b~ deaned extensio~. A I~te payment charp~ of = 2_~ shatl b~ add~d ro~ad~ (rotalim~e?t r~rnaininp w~paid 7 days ~fhr its dw dat~. ~rid t lib sum shill be addeJ ro sad~ wcb InsUlln+ent rem~Wrg w~p~id 7 day~ afM ~ach setp~g WYma~t du~. Ead? nwkN. wnty ~od ~ndonK hKwf, ~ointly and s~verally, waives dsmand. prese~tment protest and notio~ of prasat tor ranpaYment, u~d furtM~? agr«s 1o w+y-~atMSioe of tim~ of psyment. eitl~er befor~ a ahs~ matwity, without netice ro any of w: and ro pay all cosy of collecriwy Mxlud'ag a ~eaaonabb attomty's fN in tM w~nt of ~ny default haew?de?, and Mreby saver~lly w~ives sll benefit of honxste+d snd exemption und~r tM c~omtitvtion +nd I+ws of ead~ Stat~ of tM Unitad Stat~s, ~s ay~;ryt this ohlipatioo or aMr ~xtensioo or renew~l her~of. ~mus tht Fwnd and swl of ~ach p~rty. . /s/ Harold S~.iencer ~ /s/ Ila S~encer ~ l5~?U ~ 4 • 8O ~ Stab Rw~nw (S~anps w~o~lld on aipMa! rat~) ! N01N, THEREFOR~, tl» MORTGAGOR for th~ purpos~ of senni^0 Wlneent of ~aid wm of i 3~ e?~ • ~O ,~ad th~ p~r(ormanw of tM 1 cov~n~nb +nd +pnanenn Mr~in~ftu ~upreuad. and for divers yood and valwbt~ ca?sideraYwns, by tlrs~ pre~u?y, don ~raM, b~rpatn, sell. rsmiw, } r~leas~, aonwY and oonfinn unw tM MORTGAGEE. its wcasiors aed assipns, ~ll th~/ urtain lot. Pl~c+ or P~ral of ~snd. sitwt~, ly4p, ~nd b~inp in tM t Caxrt~r of SL. 1.L1C1@ , and Sta» of Flaid+, dauib~d aa follow~; . Lot s 16 and 19 of Block 2~ W6STi~00D SUBDI VI SIOid ~ as per plat thereof on file in Plat Book 6, page 17~ public records of St. Lucie County, Florida,~ > . ~ ~Es ~ : . . _ . ~ t~ ~~r+EMi~~Rrt W} Sl i~ I c~F r L u s-1 ~ uA • ~~~,~~su~ ~~f ~M~. v ~ DOCUMEtdTAy STAMP 1'AX ~uss'~ ~~t~~'~' ~t~ -.F t OM t GHA ~ ~ = au6~r~ ;f;~:~~ _ 'u~~~s~ ~ = ~480=~ ~ ~cv {/1 V CON?TROLLfR ~ ~ ~ A~ ~O~ ~ F?~. ~°n,;g ,~~3~s,o - ~ (~/li'/ . . I - .~a,,~- ~ F N ` ~ wpetMr with ana ~,I+r tb. t~nwna. I~nditan~ents and .pp~xtsnoa tlwn~to b~ia~piig or b+nY~ +PP~+~O tlw+eto~ ,nd .u nm., bs~rM. p~ocMd~ and profils aarvirg ~rd to +arue from said pr~enaes, ~II of whid~ ar~ L+clud~d In th~ ~bov~ and forpoFnp daulption and h~b~ndwn. TO HAVE AND TO HOID th~ abow dewib~d and ~rantd prami~s vroo Nr wid MORTGAGEE, itt suoaswn ~nd assipir farw~. Md 11N sNd t~iQ1Z A0.URTCsAGOR for Mirs. ~xecuto~s. ~dminatnbn ud ~ssiyns. Mr~bY cov~r~nb wi11~ th~ s~id NiORTGJIGEE. ib wooa~o~s and a~ipns, rhat th@Y are lawful a~i~d of ~M ssid h paniws in fN simpbt thn th~ s~n~ w hN, dwr and d4eh~rpad fr~om ~It tiu» ~nd Mwvee. br«Ka in ~.M? o. in .quity. «,d N+.* thev .~a their h~rn ,M~~ w..r.M .ea d.t.nd rh. tiN. w N+. ..m. a an ..la AAORTGAGE~ Ita woaaon ~nd awipru, fwew~ ~paimt tFr lawfvl dakro ~nd dsm~+d~ of all pu~onsj - /R01/IDE~. ALWAYS that ff tl+~ MORTGAGOR shall p~y uMO tht M4RTGAGEE th~ proeniuo~y nor~ Mr~inbtfon d~wib~d and siwll trulp. P~'p~W~Y ++d fvlM P~rlornb ~x~cut~, conwbt~. oomphr wF~h and ~bid~ by s~ch ~nd ~wry tM aipular•wrw ~prwr»nts, condRlons ~nd cor«unn of wd prwniqay not~ snd of thi~ Mwtyapt, th~a tNs AAortpsp~ and the Es?a» iur~by wa»d shall ts~w rid be null and void. R IS uNOERSTOOD MN th~ wo.d Nb.lQapor' wh.rM. in th. iugulu « plu..l «+ywh~ 6~ rhi~ Mo~~pe. ~h.ll b~ sinp~lar tf on~ onh i shall b~ p1un1 (oinNp and s~w?•Iy if mon th.n one. and tkn Hw wad ••rheir' s uwd ~nywMr~ in thw Marpq~ ~h.ll b~ t+ka~ w mw~ "his,•• ••has~ . or "Hs."' wlwnva th~ oom~at w implia or admin. /tbo, tFat wl~srww then b a r~f~r~na in the ouwMnrs ~nd pnan~nts h~r~in oomairnd w any d ti~ P~ti~ I~rtta th~ ~hall b~ oonttrwd b ~r»~n as vwll a~ N~e h~ks. Ipal npraMtativu, wa~ssas and a~~iprr (~Nlr volunury by act of th~ p+rtMa a Nvdum+ry b~r opa~tion of th~ law) of th~ s~e ~nd th~t the cov~n~nb ha~in oomaimd sh+tl bind ~nd tM b~rrtib ~nd dvama~a Mw~ ro rh~ n~p~criw bein, f~pal r~p~q+?hra. w~ooossors and as~Ypa of th~ puti~s IwrMO. And raid IMor+paporR tor ~Iws and their Min, bp+~ ?~wa~nt~tiws, woc~ton a~ asi~, Mnby iocntly and wwraly aown~nt and ap~~e a~nd vrid~ tl» a~id MORTG~?GEE, Ns wonason and anlprr: 1. To p~y all +nd sirgvlar N» princip~l and 1M~w ~nd ti+e v~riars ~nd sw~dry wm~ of n~oMY WY~64 bY virtw of wid PromiWOrY ~wM, and tht~ ..,~l,, 110 t1'IWl0101 NC~/ Nld ~'Y~fr~ Pfafll~ p1 1~1! ~ fM~tl•~r,/ 1~1! ~i1M NY~~~~ bKdfM I~IIf. TO pi~1 ~ Mld i~110Y~if I~N TaAN. NN~fIyf11M~ ~1.~'11~q~. ~~~1t~ O~~Qi~~O1N Nld MKYf116fUlOM Of fNNy ft~1Yf~ Mld ~ 110'W 011 Mb dMQ~~ p/OpMly 0/ 1~N1 ~MfNfNf IINy bf IIII~ON~, Mr{{K~• M~•~~w Ot ~ 1~fM~Of1~ Of 1~Nt tNfNf1N IMY a(f~l~ p MNLf~ YP011 1~1~{ MOfI~ iQ~~ Of f~M ~1~Ip~ NCW~ ~IK~• Ndl Mld !YM)/• 1M~lM dIN ~fld pirlb~l. ~OODf~fID b~M/i ~Off ~ bKO1M ~{II~WM• M1d bf~Of~ MIy ~1M~fMl ~naches a ~ny pemllp is inowr~ AND INSOFAR AS ANY T11EqEOF IS pf RKOR~ TME SAME SHALL dE pRp/NpTIY SATISfIEO ANO DISCHARGfp QF RKORp ANC THE ORIGIW1l OfFICUII OOCWYIENT (SlJGH AS, FOR tNSiANCE. TME TAX RKEIM OR THf SATISFACTION PAPER OfFK1AlLY ENOpRSEp OR CERTIFIEp) SFIAII ~E rl/1CEp IN TIiE HANpS pF S/?ID MORTGJIGEE WITHIN TEN DAYS NEXT AFTER PAYMENTt and in t!r wMt th~t ~ny tlwr~of i~ not p+id, s~t:sfi~d ~rd d'iuh~r~d wid MORTGAGEE may ~t ~~y tien~ pay th~ iam~ a ~ny pat tMreof wiM~out w~ivN+p or affsctin0 +~Y oW~oe. ~i~A, p~rity or •~phr und~r or by virtw of tlJs er~ortpape arw! Hw fi?11 ~nww+t of ~ and ~rsry wd~ paymu,t ~hall be iminediar~ly dw ~nd pay~bl~ and ~hall bear brK~st i.an th~ daN tMnof until p~id at raN of nin~ p~r cM?twe pN a~wwm ~K ~th wcr.ipl~~{~fyll b~ a~cwed by tM li~n of tfi:s morptap~. k~~ ~'~i~i'. ~~V t .s . . - . g ' ~ ~ - q