HomeMy WebLinkAbout0122 THIS lNOENTURE, AA~ +ti• 13th ~y of .~8?T1113ry 19 68 ~~M
;ene Stacy, Willard Sesso~as, M. G. Sheffield, Charlie Hartstield, In office aa- an~
:heifit~~,~uting the ~oard_Qf rustees of Rirst Missionary Baptist Chusch of Whi.te City, and
p( c* r...., e C~nH F~i~, Mr~uwfiw d~sipMNd u tM "MORTGJIGOR,'• a~d fIRST FEDERAL -bAV~NCst ANO IOAN
ASSOCIATION Of fORT PIERGE. ~ oorpaation orQuuud ~~d ~xi~tirg w~da tM law~ of tM Unit~d 5t~qa of Am~rka and h~vtnp .in ~inppd pt~a of
bu~ieNS~ in tM City of fat PiMa. St. luei~ Coumy. flwid~, I+M~in~itK daipnaqd aa tF+~ "MORTGAGEE." .
WHEREA~ tM N10RTW1GOR it Wstly ind~bt~d to tM MORTGAGEE i~ ~M sum of ~ 14, 0~• ~ pood and I~wlul ma»y of t!» UnHed
Suqs +dvanad by tM MORIGAGEE unto tM MORTGAGOR, as ~vidsnad by ~ an~7e? p?aniuory not~ of ~wn dat~ Iw~wvith, of whiel+ ttw follewinp in
wads u~d fipuns ia a trw oopy. to-wit:
~ 14.000. 00 ~ 14~653
~ P~, Januarv 13. 19 68
Fo? vatw nc~iwd, 1, vw w~ither of us, promiss to p~y, wiMaut defatution, to tta ad~r of FIRST FE~ERAI SAVINCsS AND LOAN ASSOCIATION OF
FORT PIERCE at foA Pi~ra, Fto?id~, tM ium of = 14 • wi~h inrereit irom d~te ~t ths r~te of 7~!L pa amwn, in mo+?thly irot~l{-
m~nts a fottows: ~ 140.00 ~ lOLh ~y of March ~q 68 _ i~ a lik~ swn on tM cwrsspond~np day of ~ach ma?th 1M?r
after vntil tM who~~ be fully p~id.
Eich installment fint shall b~ applied in payment of tM interat ~~d then on tM unpaid b~bnce of tM principal u?m. !f d~fauh is m~de in tM
payment of ~ny inshtimtM when dta, and such defavlt continues 30 days, then ~t tM optan of the holder, and without ~ny othe~ notic~, all tM r~mainin~
installrt~b sMll be dw ~nd p+yabk a~ o~u. Privits~ if 9iven to prp~Y this eat~ in wholt or 1~ paH al a?y Y~me witF~out pen+iry. •N~ithu fonb~ar~.
~w acctptann by th~ holde? thenof aftK u?y da(ault in ~nY paymN+h hereon, shall be de~m~d extension. A t~te p~yment cha~ of ~ 7•~ shall b~
added to ~ach imalhnent rema4~irg w?paid 7 days after ib dw da1e, ~nd • lik~ sum ahall b~ added ro tuh such k~st~llm~nt r~mairunp ~wipaid 7 da~rt ahe?
each ~ucaediny P+Yment dat~.
E~ch make~, sw~ty and ~ndoner hereof, jointly ~?d seveully, w~ives demand, pr~sentment prote~t ~nd notic~ of pote~t for nonpayment, and fwthe~
agrees to sny exte~tan of time of payment, eitl~er before or after maturity, without not;cs to sny of us;. and to pay +11 costs of collectioA, includ7np a
~easonsbk atto?ney's fee in tM event of sny defsult herwndcr, snd Mrsby s~verally w~iv~s all benefit of homeste~d uid exemption unde~ th~ curatitution
•nd laws of esch State of the United States, u sg+inst this obli9~tion or any ex~auan w re~ewal henof.
Wit~ess tM h~nd ud seal of esch party.
s/Gene Stacy (Seal) s/Willard Sessoms ~
s . G. Sheffield ~
In office as and constituting the Board of s C arlie Harts ield ~
Trustees of First Missionary Baptist Church of White City, and their successors ~
r, s21-00 ) Sta» Ra~wnw iII office
(st.mps canc~ll~d oo asQtna! not~) 14 OOlJ.00
NOW, THEREFORE„ tlw MORTGAGOR for tM purpoH of securinp payment of t~id swn of ~ ~ ~nd tM parfamwnct of th~
cw~nts a~d apnem~nri herein~fter txpre~sed. and for d~ven 9ood and v~lwbl~ cons~deratioea, by the~ pr~sann, do~s pr~r?t, barpaky adl, r~mis~,
ret~sw, conwy and confum unb tl~t MORTGAGEE, iri s:xces~s ~nd auiyns, all that artain bt, pi~a w pual of I~ndi, altuat~. Irirp, and beLq in t!»
~,h, ~ St . Lucie ..nd Sut• of Flo.ida,. danib.d a fd~ow.:
Lots 1, 2, 3~ 4, 5, 6, 7, 8 and 9, Block 9 of White City, a subdivision as per plat
thereof on file in Plat Book 1, page 21, public records of St. Lucie County, Rlorida~
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~ toy~tFw with all u+d wgular tM t~namann. her~tamenn and ~ppun~nces fh.r.unro bdaginp or in aoywis. ~pp.~tainirg fher~ro, u~d all ?ents, bwa.
proc~eds ~nd profi» aaruinp ud to xuw from said premises ~II of wh~ ~n induded in the ~bow and for~qoinp de~«iption and h~ba+dw~w
TO HAVE MID TO HOID tM above dewibed u+d pnnt~d premiws unto th~ said MORTGA~('fE, ib wa~ssas md ~ssipns tonvw. Md th~ add ~
their
MORTGAGdR fa Min. ~zecuton, admin~tr~wn ~~d asigra, twreby coveewnb with tM Mid MORTGAGEE. Hs sua~swn ~nd aniyns, ~
rhat th~-- I+wfvlly s~iud of the said premaes in fe~ simplr, that tlw sa+w ~n frK.. ctar ~nd disch~ry~d from all 1'wna and ~na+n? ;
brsnc~s in law a in equity. ~nd ths+ they wiil and th@1Z y~y ~II wuwnt ant! d~hnd tM titb w tM am~ fo th~ wid ~
MQRiGAGEE, its svcceuors and assgro, fortvN p~i~nt tht (awfvl tlairtN ~nd d~manda of all perswrj :
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PItOVIDEO ALWAYS thit if tF~ MORTGAGOR shall p~y wno the MORTCsACsEE th~ prombwry noh h~r~inb+for~ d~suibd and slwU trvlY. P~^~~Y ;
and fully p~rform, duclMrqe. ~xscvte, eompl~te, comply with and abide by esd~ ~nd ~vtry tht dlpulalio% ~pre~rMnts oond7tioro ~+d eow~~~1s ot s+id ¢
promisswy rat~ a~d of thb Mortp~ tMn this Mortya~e and tFw E~tat~ her~by u~at~d sh+ll aaw and b~ null ~nd wiA. ~
IT IS UNDERSTOOD tMt tFN word "Mort~ayor° wi+sthet in tFw siegulu or plur~l anywF»re in this Mortya~. ~hall be sirgular if on~ only and
shall b~ plural ioimy ~nd ~ewrally if mon th~n on~, ~nd tMt th~ word "ffwG" n used ~nywlwr~ in this AAortyap~ sh~ll b~ tsken to m~an "ha:• ••hKS.•, ;
or its." wharwe~ tFr~ aon~~,ct w implia a admita. Alw, thst wF~~var ther~ ia ~ nfaena in th~ oovenu~b and +p~semenb Mr~ie~ co~tained to any of (
th~ pwti~s Mr~to, tM ~ sFwll b~ constn,ed ro m~~n a vwll as the Mirs, Ipd npra~matiws, woaswn ~nd ~ssipns (fitha voluntsry by aa of th~
pania w Involvnf+rY bY aP~?.tia+ of tM taw) of tk~ ~mt and tt+ar fhe co+ren+nn 1»rein oonr.in~d siwll biod ud tM bemfia ud advamap~s kwrn
W Me r~sr»ctiv~ l~in, bp~l r~prekntatives. wcctuws and ass~ym of th~ partaa Fw?eta ~
Md said Mortypa~, fw tMms~lws and tF~ir Mirs. Ip+l rep~aenbtiv~s, wcpswn and usip~u, henbY Ioint~Y a~d t~vKally cov~nant ~rd p~
to and with tly~ aid MORTGAGEE, its s~taswrs ud auiy~a:
1. To pay ~II and sirpubr th~ principd and int~rest uid thi various u+d avndry swm of momr WY~bI~ bY virtw of said promiuory noM. a+d thb
rno~tppe. Nch and ~+nrY. W~Dtly on tM days rMpwiwly tM sam~ swtrallr b~can~ dw.
'1. TO ~lY ~U Nld ilfl?YIM tM t~XN. aswswna~n. Iwies, liabilit~es, obli~tions and ~nasnb~eas of ~very Mtw~ ~+d kind raw on s~id daoribd
propMty. or tMt ha~afNr m~y bt impowd, suffM~d. P~+ad ~wkd, or awas~d lhe~~a4 0? that henahM may b~ Iwi~d or nfesf~d vpa~ fM~ Mat¢
or rM indeM~dnas s~c~?nd Mr~by. ~ad~ u~d wKy, wl~ dw ~nd p~yable, aaordinp to law, b~foh tlny b~conK d~l'v~quer?t. M+d b~fon aey hf~rta
~ttacF~s a u~y ptn~lty is inanred; ANO INSOFAR AS TNEREOF IS OF RKORD THE SAME SHALL 6E PROMPILY SATISFIEO AND DISCHARGE~ Of
RKORO ANO TNE ORIGINAt OfFIC1ILL DOCIIAAENT (SUC~ AS, FOR INSTANCE, 1HE TAX RKEIPT OR THE SATISfACT10N PAPER ~OFfICIAlLY ENDORSED
OR CERTIFIEO) SHAII 6E Pl/1CED tN THE HANDS Oi SAID MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIEN7; and in tlw wem that ~nr tlwr~of b not
paid, at'sfi~d ~nd d'aclu?q~d said MQRTGAGEE m~y ~t ~y tirn~ payr tht s~n~s or +ety part therwi without w~ivNg w afftNinp any oprian. li~n, equity w
•iqhr under or by virtue oi tFw mortyape and the fvll art~o~nt of ~ath u~d tvery such p+ymN?t shall be inrnediately dw ~e+d payabb ~ed ~MII bw intu~st
~rom tM date tMrwi until paid st r~te of nirk per untwn par arw+wn ~d top~tf~ with wch imaat shdl be secur~d by tM li~n d tb:s morpt+~.
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