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HomeMy WebLinkAbout2769 . . . . ; 163~2~1 I ~ f ti: ~ ?HIS I?~ENTURE, N4d~ ~ ~th d.r of December 19 6~~ ~ Leamon H. Rutch and 6lizabeth Y. Futch. his wife. ot St• L.AC1@ Cainty Flor~d~. Iw~tin~6M ASSOCtAT1pN QF fQRi Pt ~4"~?~ u t'~ °MORTG,~GpR," ~nd FIRST fEDERAI SAVINGS ANp IOAN ERCE. • QOIPOtt*i0~1 K~MUZld M~ ~=+itilf~ V/~fI tl» laws d tM W+tr~d S~sia of An+~riu and Mvinp~iq p~incipal plaq of brsin~u in tM Gty of Fat Piuq, St. luci~ tounty, Fluid~, her~tnahK dssipeatd u t!y "MORiGAGEE." WKEREAS tM MORTGIIGOR a jwNy indcbt~d b ~Iw MORTGAGEE in tM swn of ~ 4 s~~• O0 yood and lawfvl ~na+~y of ti+e Uoct~d S~u~s advanc~d by th~ MORiGAGEE unta th~ MORTGIIGpR, ~s tvids+Ked by ~ ca~t~in promissory noq of even dats 1?~nwifl~, of wlwch tM followinp in words and PywM i~ a trw COpY. Iowit: ~ 4. 000. 00 No 14 .633 ~ v~rc.. F:o.~d+. Deceaber 30, t9 67 , fo. valw nc~iwd, 1. vw w eiths~ of us. pran;s~ b p~Y. without d~f~~*ation, ~o th~ ordK ot FiRST FfDERAt SAVINGS M!p IOAN ASSOCtA?ION pF FORi PIERCE at Fort PiKC~. Fbrida, tM wm o/ ; 4• 0~ witA in~eraar from dat~ at the rate of 6• 9 x P.. .~„~wn, n mo„~n~r ments p foltows: = 8'~• ~ ~ t~y lOth ~y of _ RebruaYy„ 19 68 uw! • like swn on th~ cwr~spondie+p day of ~+ch month tMr~- , aftt~ untii tM who:t b~ fully p~id. l Each iniallment fint shall b~ appl~ed i~ payrns~t of tM interesl and then on th~ unpa~d b~luKe of tM prir~;pal wen. If defauh b m~ds tn th~ vymcm d any insqlGnenr whso due. and wcA ckfavh coni'uwe~ ~p days, ti~en at ihe opr:on of ~M holder. and wi~hout a~y ott~n norice. atl ~he re~naininy~ ~r+~wll.na+b sMll be dw and p~yable onc~. Pr;vita~ is yiva~ b WeWY this eat~ in whol~ or in pxt at any tiin~ witho~M per~+lly. •NeitMr for~bMr~c~, nor aaeptu~o~ by the hokln tMreof ~ftar any defauh in anY payments h~reon, sh~ll b~ detmed e~teosion.- A I~te payment cha?g~ of = 4• ~Mtl b~ added w ~ach ~nitallww.t remaiiwg ue~;d 7 d~ys after ib dw date, snd a tik~ wm ahall 6~ added ~o each svch insUUrn~r?t nenaiiw+p w~paid 7 days aftar r cach svcte~d'wg p~rm~nt d~te. , Esch rn~lca. swNy and endorsN he~eof, jointly and swa+ly, wtivea denn~nd, peseneTent paest ~nd notice of protest fa~ ranpayment. aod funhar ay.res ro any e:te~san of r.ne of paymen~, eithe~ beior~ o• ahe~ ~naeurity, cvithoot ~~ce ro any of us; u+d ?o pay +q costs of colleaion, includ;np a rcaswNble attaney i fee in tIK went of any defautt hereunde?, and hereby severally waivs all bene(it of lwmcitead and eaemption w?der th~ oonstitution and laws of cach S~ate of ~h~ United Sqtes, es a9a;nst this obKy~tion or any eatension or renewa{ henof. 1N~t~t tM h~nd and ae~l of each pury. . . S/ Leamon H. Futch ~W i ~ Blizabeth Ys Futch ~y (s~?u r S 6. 00 ~ Sat~ a~wew ` i (St«nq cancelbd on aiyln~l not~) • t NOW, ?HEREfORE, the MORTGAGOR fa rhe purpo~e of sawiny WY~+ient of ~aid wm of = 4.000.00 ,~+d th~ perfam+nce of th~ ~ cov~ew~b and ~pr~unenn Iwsin+fta aeprased, and fa diven -9ood ~nd v~luabb caaii;aations, bY thes~ P?~se~nis, does y.ant. bupain, selt. renwse. i relw~t eonwy and tpnf:nx wefo tIN MORTGAGEE, its s~rcces~ws and aui~rrub all tMt cert~in 101, piec~ or parasl pf land, sitwt~. Irinp. ~nd b~inp in tM u Cow~ry d St. Ll1Cl¢ anA Sat~ of FbiKl~, dao~d a followa: Lot 16, Block 9, SUN[.AWD GARD6NS, as per plat thereof on file in Plat Book 8, page 32, pnblic records of St. Lucie County, Rlorida,~ w} 5 I A i I~ t` l_ i-i 11..~ a - c.~ F. U~CI:~lENTA~`t-,:i3AtiiF~ TEi:C ~ z - - ~ _ Jitl-S'S3 _ ~ U f`.G'~!?TF"uILEF ~y~^~`~ ~ ~ O U_ ~J.~~~jt; y.~,cc:.~.2s.y------ ~ Q 0 1N PAYMi1it OFTAXEB RECEIVED S DUE OM ClAS!'C' INTANGIBI.fi PERSONAI P • ~URSUANT TO CMAPCIerk C~rait 7G~uR1~,. A PC`iTR. ~ ~ ~ Agent for ~U TIS M. JAN~ES : St. Luc~ Cw~r tox Cdlecto~ ; ; ~ C~RK rope~h~r w~rh aN and sinqulu rl» t~nem~nn, h~reditunents u~d appurt~nce~ therwnto bderginp or in ~nywis~ apperti~nirg thsre% and sll ~en», issu~s, proceed~ and prof~n scwinp and ro accrw from s+id prsmises all of which m induded in tM above and fweqoin~ dacriptan u~d h~bendu~w TO HAVE ANO TO NOI~ N+~ ~bow described u~d ~wnfed premi~es umo tFN wid MORTGAGEE, in suoussors and auipm forewr. Md tlr wid h10RTGAGOR fw their Frirs, executon. ~dminntnton and a:si9ra, hereby covenanb with tM uid MORIGAGEE, ib wa~s~ors and i~sip% ttwt thev aZe ~utly s~i:ad oi tlw said premi~es in fe~ simple; that tl+~ aame a~ frN . cl~ar and d'acl+Hped from all Ikm and ~ncv~m b.•nces tn taw oi ;n equ;h,. Md th~t theV r,,;q ~„d their h~;rf siull warranr and d.f~nd ~M tftle a tfw sam~ ro tlw faid MORTGACsEE, its suaesaon u~d ? +uiDro. fwwer ayainst tF» Iswful d~ims and dan~nds of ~tl pKSans~ PROVIDED. AIMiAYS th~t if th~ lNORTGAGOR ih+ll p~y ~rnto the MORTGAGEE tM pomiuwy rot~ Mtsi~?.~' efon dew'b~d ~nd thall trvty, ppnptly and fulh Perforn~, dsclwnp~. ~:ecutt. camplete. eomplr wirh a+~d abide by sach x~d ~very the stipulationy a~rsarnenn, oondiYaos ard aovananri d said pwnis~ory nota and of tFw Mortype, then this IlAort9~ye +nd tIN &ut~ hereby cr~at~d shdl csas~ and b~ rwll and wiA. tT IS UNOERSTOOD thaf th~ wad "Mwty~por" wi~ether in the iuqular w_ ptwal ~nywiwr~ in this Mort~e, shall b~ sirgular if a+~ a+ly and •hall b~ plupl jointty and ~ever~tty if mor~ tMn a+e, snd that tht word "the'a" a~ vitd anywli~~~ in rhis AAortQap~ sh~ll b~ taken to mean "his; ••'hen,•• w'ita.' wMrwer tM caNext w implin o~ adn?in. Aho. ~hat wherewr thcn is a~~r~na in the covenu~a and a~eem~nts herein conrain~d to u+y oF the p~rties Mre% the wnt sh~ll b~ oo~strueJ ro m~an as well u th~ f~ein, f~q+l r~praantatiws, woo~uws and assiprn (either walu~ary by act of the P~r*ia or kwolum~?p bp opeation d r!w law) of tM sa~n~ and tha~ ~M cor.n.nn her~in comained sh.ll bind ~nd rh. be,,.fia and ~dvana~ss Mwn to th~ rapative heis. fpal r~presant~Nws, woceuas Md ui~a of th~ pwti~s INrtto. ~ Md ~aid Mw~ypon, for rhe*^s~IvaF +e~th.i? Irin, ky.l r.prss~nrairve~, wa.s~o.s arrd uspn., i~er~by jo~nrly and s.va.tiy covenanr .nd ap..e ; w and with NM aid 1MORTGAGEE, ita t~aeaiors and asripns: ~ 1. To pay ~11 and ~kgular th~ pincipal and innrest and thi ruious and wndry sums of moMr WYable by virtw of ~aid promisrry not~, and Nrs narq+ye. ~ach ~rd rwrr. VranW~Y on th~ days rap~uiwly th~ ~a~ne trwr~lly Mcon~ dw. i 2. To p~y dl ~nd wg .~ar th~ u,ca, aks~n+enn. IwNS. IiabilitGa. o6lgation~ and ~ercwebrMCes of every n~tw~ ud kind naw on s~id deaa+b~d 3 prep~rhr, w Nw hsrwf~a enar be 'wopowd avffa~d P~+pd. ~e+~Md, a,~esud ther~oq. a that hfreafta nNy b~ leviwd or usess~d upa~ tl~is Morp. ap~, a tM id~bNdness ucvr~A Mreby. ~ad~ ad ~wry, wh~n dw aid payabM, aaadinp b law, b~fon they becoe~s~ d~lk~qwm. ~nd befor~ any iMwes~ ~ attaches or a~ryr pen~hy a incwrd: /lNp fNSOFAR AS THEREpF IS OF ~EC!~p ?Hf SMAE SNAI! bE PROMPTIY SATISFIEO AND DISCMARGE~ OF ! RKOR~ AN~ THE ORIGINAL OFFICIAI OOCWMEN? (SIJC~ /~S, fOR INSTJINCE, THC TAX RKEIPT OR 1HE SATISfACiION PAPER ~OFfICIAIIY ENDORSED OR CERTIf1E0) SHAII dE /lACEO IN TME HANpS Of SAIO 1NORTGAGEE WITHIN TEN Or!YS NEXT AFfER VAYMEM; N~d in the ~wnt that aryr thsreof it no1 p+;d, sat:sfied and dadar~rd ia:d IWORTGAGEE rnay at ~ny tirne pay the wn~ a u~y pu: rhereof w~thout w~ivinp o~ ~Hectwg ~^Y oP~^. ~4~+~~Y p •qh~ w~der w by v~ of this mwtyay~ and the futl amount of ead+ u~d evKy wd~ p~ymem s::.ll be ~mmediat~ly dw and pay~bb and shall b~ar im~?a+ ~.om tM date tl~e~rof w~M p~id at ~at~ of ~~ne per cenwm pe~ arrwee u~d aptther with wd~ ~?e,! sMU b s~cured by ths li~n of th:s morptape. . ~ a~~~ ~AIK~~ :