HomeMy WebLinkAbout2881 i59500
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Liannaeas E. e1loArr and Elizabet R. KelloQa, his Wife
of Saj.11t I+L1C~S ~ Cp~~y p~~ ~Mt~ ~s th~ ~°11AORTGAGOR," and fIRST FEOERAt SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, ~ oorpowtion orp~i~d ~nd exiuinp wwMr th~ laws of tM Unitd Sat~s of /4nKiu and h~
businMS M~ CNy of foA Pi~rp, St. lud~ Gowity. Norid~, here~ftN duipnat~d p th~ " TGAGEE." ~ m~i~~ ~
WHEREAS tM AAORTGAGOR 4 j~atly Ind~bt~d to ti» 1NORTGAGEE ie 1!N sum of i~~ 300 • U~ .~ood ~nd lawfvi nwn~y of tM Unit~d 't
S+ara ~dvanad by th~ 1NpRTGAGEE unto tlw MORiGAGOR, u~videnced by • oktau~ promiuay not~ of ~wn dat~ h~rwvith, of which th~ followinp in (
worda ~nd fipwM ~ !nN oopy, towit: ~
~ B ~ ~QO _ ~0 ~ lt~, 377
Fo.t Fi~.c.. Flo.ia., - A,igL9.~ ~--Ks---_~~~--
Fw v~lu~ r~piwd, 1, vw w ~itha of ~s, promik tp p~Y, withart defalcatan. ro th~ orde? of FIRST FEOERAL SAVINGS ANC 10/1N ASSOCIA110N OF !
FORT PIERCE ~f Fat PiKO~. FbrMa, th~ twn of = 8~ ~~~•0~ with in~~rest from dat~ at ths r~t~ of6.~Z~f. pK ~euwrn, in monthiy imtall~ ~
m~nts as fdlows: ,pn cn th~] nth ~y of Ortnh~r 19~1~ and • lib swn-oo tM co..~spw~d~,np day of ~ach month th~n-
afnr ~nti) ih~ whot~ b~ vily p~id,
Eath inst~Nm~nt fint shall be appl+~d in paymaet of th~ Fnt~rest and then on tM unpsid balance of tM principal wm. If defwh b m~d~ In tM
payment Of My i~qtillm~M Wh~f1 d,~. u~d such defauit continws 30 days, then at tha optan of the holde~. •nd wi~hout ~ny othK not~u, stl tla nmainirg ;
installen~nls ~lyl) b~ dw ~nd piyabl~ ~t onq. Mivlt~y~ i~ qiwe~ ~o prpiy thb rqt~ in who{~ or in part at any tims withow pe~alty. I~NitM? fa~b~arant~,
nor ~ta~ptanc~ by tM hoidN thNeof after any d~f~uh in any paymenta hsreon. sha!! be dcKned eatension. A Ist~ paym~nt chary~ of : 3•?
o, ah~ll b~
edded ro~ad~ ir~ttdlnw~t nm~ira~p unp~id 7 d~ys ~her Ms dw date, and • lilc~ ~um shali be added ro each wc6 iru~aliment rem~lnirg w~paid 7 d~ys ~ftu
.ad, ~ ar~~ d.».
E+ch enaka, s~+?NY and endonK Mrwf, jointiy and sevenlly, waives dem~nd. Presentrnent protest and notke of prwat for na+P+Yrn~N, and fw1Mr
+9~NS to teY ~xtensan of tiaw of paym~nt, eitMr befor~ or after maturity, without ~otice to ~ny of ~s; and to p~y ail cosb of eollection, indudi~p a
reasOMbl! ~nwr~y's fe~ in th~ ~vent of ~ny defavh h~rwnde?, and Mreby severally waives ~II ber?efit of Iwn+estead ~nd exemption ~nder th~ oonstitution
and laws of tath StaH of fh~ United States, p aQ~irot this oblipstion p any ~xtension o? renewal hereof. -
lAl'~lneW tl» h~rtd and kal of ~ach party.
s Linnae s E ~
. _ s Elizabeth R. Ke11oRa ~
~
12. ~ srm R.wM,. ~
(se++nw ew~albd on art~tnal no~~)
NOW. THEREFORE. tht MORTGAGOR fa t!w purpoie of wcvrinp P+Yme+~t of said swn of ~ 8~,~Q. ~nd ttw p~rfornunc~ of t!w
covenants snd ptkm~nb I~tinaftt~ acpressed. and fa diven ~ood and valwbb consider~tiom,. bY thes~ Pr~^ts, do~s pram, b~~pain, stll, r~mis~,
reseas~, aom~1? and oonfinn unto tM MORTGAGEE, its s~ccesson ~nd assgns, all that aen~in lot. P~ a P+~~ ~ ~+~+d. ~itw». ~Yie~, ~nd beirg h~
Covnty of ~ s~ i n t T.t~ r i p . and Sta» of Fbrid~, dauib~d ss foltows:
Lots 19 and 20 of TRADE WINDS SUBDIVZSION, as per plat
thereof on file in Plat Book 9, page 42, Public Records
of St. Lucie County, Florida,.- ~
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C ~.PTROLLER ~ ~ t4* ~
P..,.19?.3g ~_~coai..~ - ~
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loyetFw wiTh ~l) and sirgviat th~ Nn~ma+ts, hared"damenb and ~ppurt~ncas Nw?wmo b~lorgirg w in MYw~ ~PP~~+~~D ~nd all nnq, bsw~.
pr«~~da ~nd profils ~oauirg ~nd to aarw fran said pnmaas, all of wfikh an inchid~d in tM ~bov~ ~nd for~poinp dMViption ~nd hab~ndun~.
TO HAVE AND TO NOID th~ abow dtsaib~d snd pr~nted premises uMO the said IY~ORTGAGEE, its wot~swn snd ~ssf~rK tor~wr. Ard tht iaid
MORTGACsOR fo~ th ra i r hein. ~xacutors. ~dmi~tnton and ~ss'gin, heteby aovenanb with fhe s~id MORTGJIGEE, bs ~uotq~ora and ptipiM~, i
rhat ~1B4
E~_ tawtully ~eised of tM aid pr~maa in fse s;mpbp tt»t fh~ wn~ ue frM, cl~ar and ~
di~clwp~d f~an all IiMS ~nd ~eoun? ,
br~nces in !aw w in ~qttify. «d ri,•+- t he y will ~nd the ir hlirt shall wan~nt and d~f~nd 11M titb b NN sMM b MM taid !
MORTGA('sEE, its woaswrs u~d augro, forwer apaG~st th~ I+wful claims ~nd d~mar~ds af all panorat i
PROVIOED. AIWAYS thN if tl+~ MORTGAGOR ~hsll pay w+to tM IAORTGAGEE tlw promiawy not~ h~nW~efor~ daaib~d and slwlt truly. ProniWN t
and fuflll PK~M+. ~x~outr, oomP~~. ~P~Y with aod abkJr br ~ach and ~wiy tht ~
prorriasory nol~ and of fhi~ /ll~orqap~, tt»n tFw Matqase and tl+s btat: her~by aeatad sMll oea~ and be~null ~nd wid. iorr ~nd oov~rns of aid
IT IS UNDERSTO00 tlrt Me watd "Mwtpapor" wheNn? in the sirgular or plurd ~nywl~~ in thb Morty~, ahsll b~ sinpular if or~ onl; 1
.hall b~ pkmal (oimty ~nd wwnlly if nar~ tMe one, ~nd rl+at tM word "tMir" as wed ~r~ywFNre k~ this Mort~ay~ ~hall b~ bbn to n»an ••hi~,•• ••hKS~..
o~ 'its.° wMrwa tiN oom~xt w implia or ~dmlts. Abo, th~t wiwrew~ the?~ is a ref~rena in tM oown~nn and apr~nents haein oont~imd to an~r d
tF?~ partia lwNO, Nr wn~ ~II b~ aonst~wd b me~n as wdl a th~ h~irs, Is9+~ nP?a~matives, wcnssors ~nd +~aipn~ (~iMwr rohx~ary by ~d of th~
p+niN a Mrvdumuf? bl~ oararjoe of the I~w) of th* sam~ ~nd ~h.t tM coven+nb h~rtin ~nt~irwd ~II bind and th~ be~ef'~ri and adv~r?tape~ kMw~
ro tF+~ rMpWiw hdrs, bpd npr~wata~iv~s, sucoa~ors and ass~pro of tiw p~eti~s lNreto.
Md s+id M«qapa~, for tlwewlws and +Mi. Mirs. I i
1~ ?~P?~sematiws, wooasors and assi~m, her~bY iointh? +ed wwrdly cov«weM ~nd prw
ro snd vvi~h IIM wid AIORTCsAGEf, i~s tucasto~s arw! assiyru:
1. to pay all and sinpuln fh~ prkrclpd and ira~rest and the vuious ~nd sw~dry suma of mornY WY+We by virtw of said PromissorY nob, and MiM
mortsp~, wtfi nd w~ry, promPHY an tM d~Y~ rr~p~etiw{Y tM ianr s~wrally bseoem dw.
To pry dl wd siigut~. Nw t+x.s. ~a. I.vi~s, liabilNia, obligatioro and ~ncumbwnou of ~wry n.h,n and ki~+d now on s~id daorW~d
R?op~nY, a th~t h~fNr m+Y bt Mnva~4, suffend~ Pl~ad~ IwAd, a~a~ss~d tF~rwn, a tl?d Fw~~ft~r ~nay b~ levi~d w asNSNd ~~o~n thts Morp.
+0~, a tlM M~d~budrwa Nax~d I~~by. ~A ~nd rv~ry, whM dw and'p~yabt~, aooordinp to (hw. b~fon d+eY b~oonr deli~nl. ~nd b~(on arq? inN?Nt
•rtacMs w sny pawlty is ina+r~~d:-ANp INSOfAR /15 ANY THEREOF tS OF RECORD THE SAME SHAtt 8E iRdNP1lY SAtlSFlEp AND DlSCiIARGED OF
ttECORp Ml0 THE ORIGINAL OFFKIAL DOCWNEM (SUCN AS, FOR INSTANCE. 1HE TAX RKEIPT OR THE SATlSFACTIdJ PAPER pFfK1/1LlV ENOORS~
OR CERTIFIE~) SMALL 6E PLACfD IN THE HANOS Of SAIO MORTGAGEE WITHiN TEN DAYS NEXt AFTER PAYNiENT= w+d in th~ ~v~nt ~1wt any Nw~o( is no1
w~d, s~t:~fi~d and dischar~d wid MORiGAGEE may ~t ~ny t~ pay tM ~am~ a any parf M~erwf withow waivlny w aff~ct
~+p +~1/ aMio~. If~n, puity or
~~yf+~ wda a by vinw of Nds nron~.y~ ax! rh. full an+o~nr of esch and we.y such payn+em shall b~ immediardy dw and p.y+bw n+d sh.lt b.~r im.r.a !
i~om th~ dM~ tMrwf unNl p~id ~t rat~ of nine pe? cK+tum pN anrKwn e ~th iet
~ t shall b~ secured by ~he U~n d tH:s morptp~. '
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