HomeMy WebLinkAbout0260 . . i .
. ~ : ° 163651
~ THIS INDENTURE. N4d~ th. 1Tth ~y ~ - - Ja~uarv ~p~ ~q 68 _ ~
= Herbert W Priestpr and Ma~~~ ~ p~'i o~+oT hi a i fts ~
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o{ $L. l.L1C1@ Cpynfy Florid~, MnieNft~t d~Npn~t~d as tM "MORTGAGOR;' ~~d FtRST FE~ERAt SAVlNGS ANp tOAN
t ASSpCIA?ION Of FOR1 PIERCE, • corpaation ory~nised and ~xiuinp undK ~h~ lavw of tM Unit~d Su~N of Am~ric~ and Mvinp ~t~ principal plao~ oi
bvsin~u in th~ City of Fort p;~rq, SL lu~;~ Cou~~y, Flwida, Mntnaha dNtpMt~d a~ tM '7MORTWIGEE."
WNEREAS, ~.1V10RTGAGOR 4 watly i~debt~d to th~ MORTGAGEE in th~ wm of ~ 5~ 9ood ~nd I~rafui mon~y of ~Fw Uatsd
Stste~ adranc~d by tM MORTGAGEE ~nto tM MORTGAGOR, ~i evidrrrc~d by a cNf~in prom;story noq of even dat~ Mr~with, of wA7ch tM followinp i~
wordi •nd Fipur~i'b a frw coPr. to-wit:~ .
~ 5. 000 . OC) ~ _ r,~,_ 14 , 656
_ ~ PkK.. Fb,.~d,. Januar v 17 , ~y 68 ~
Fc,- vstw nceived, I, w~ w elther of us, promise to pay, without d~l~lution, to the wder of F1RST FEDERAI SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE at Fort Piera, Florkia, ths tum of = 5+ 0~ w~th in~ereit fvxn dat~ a~ tM ra~~ of 7 p~r ~~nym, in qwnthly install-
ments ai follow~: ~ 52.00 ~ t~ lOth ~y of Dtarch 19 6g and a lik~ iwn on tM conespond~np d~y of ~ach montb thsr~-
after until._1he~vhol~ b~ fvlly paid, .
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E+ch irtstallm~nt fint ihall b~ ~pplied in payment of ths interest a~d then oe~ the unpaid bal~nce of ths print~p~l tpT,~ IF~ .ie(~t11t ta fiadi hr t~ '
payrrxnt of sny insqllmenl when due, and such def~utt continues 30 days, then ~t the option of the holde~, u+d without my OtMr natice, ~II 1hp rrntin'u~p ~
insrallments shsll be due and payabls ~t onc~. Priviteye is yiven to prepaY this not~ in whok w in p~M ~t ~ny tim~ withoul p~»tty. 'NskhK• fpreb~~rana,
nor ~cc~pti~c~ by tM ho1dN tFwreof ~flt~ any default in anY paym~ms Mreon, ~II b~ deemed ~atenian. A lat~ payen~nt ch,~tq~ o( : 2• 6~ . ~Aill b~
added to each iralallmsnt rcmaininp w~piid 7 d+ys ~fter in dw dat~, and • lik~ sum shall b~ added to each wch insqllm~nt r~sirinp w~p~id,J ~{ays aftK
each succeedinp p~ym~nt data , . ,
E+th n:aker. :unty and endorse~ hereof, jointly and sever~lly. w~iws dema~l. p~s~ntm~nt protat ~nd rat~u of protat fw nonp~ymsnt, ~nd furtlwr
agrees ro tny exteniion of tima of payment, eithe? before or aftcr maturiry, whhout eatice to any of ~i; ~nd to pay all costs of collection, inctud'ug •
reasonabk attorney's fee in the event of any defautt hereu~der, and l+creby uverally waivy ~II benefit of homatead ~nd exemption undtr tF» torutitWion
and laws of e~ch State of tFx United States, ss agsintt tAis obliyition a sny exrtniion or renewal her~of.
~tnea the Mnd snd seal of each party. -
. S/ Herbert W. Priester ~
S/ Mavis Priester ~
~w
(SEnU
~ 7. SO s Stat~ Rev«?w
(Stamps canc+~lled on aipin~l ~ot~)
NOW, THEREFORE, rhs NtORTGAGOR for tM purpos~ of securirg p~ymenr of said wm 8f = S. 000 LOO ~
cov~nu?b ~nd ~ynern~nn hsr~;nafter ~apressed. u+d fw d~vers yood ~+d wtwbt~ comidrr~tiora, by thtt~ preasn», does p.~nt, ba,yiin, sell, r~mis~,
releass, conv~y ~nd confinn unlo t1w MORTGAGEE, its succcsson ~nd ~uipnti all that cen~in lot. PIK! Of Pifpl pf I~11d~ {ttWif• lyinp. ~nd Mi~p 6~ tM
counry of St L-u ie ,~~.t~ ~ Flo~ida, d.w~b.d u fdbwu
The South 57 feet of the North 196 feet of the West 12S feet of the East 300 feet
of the NE4 of the ?~1W4 of the NB4 of Section 7, Township 35 ~outh, Range 40 East,
St. Lucie County, Florida, ?
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U~~.. DOCUMENT ~w STAMP TAX ~V~U a4C'1~" ~S W'' ~ ~
a = .1ANi9'68 ` = a0G ~ ~ to~' ~ ~
v = 7 5 0= = e++~4``e ~
N V coMPTROIiEa = s,.~
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roqether with aU and sinpvlu tl» Mnemenb. l~erediaments and ~ppurtseKes tMreunro bebrginp or 1~ anywhs appert~inkq ther~to. W+d ~!I r~nri, iuws, ~
proce.ds u~d profin accru~np ~nd to accrue from ssid premis~s ~II of wh'Kh u~ iedud~d in th~ abov~ and faepoinp d~scription ~nd h~bs+~duen. j
TO HAVE AND 70 HOID t!K above described u~d yr~nted premiies unto tl~ uid MORTGAGEE, ifs wocesson and ~~aipns for~~nr. Md tlw ~ay ;
their ;
MORTGAGOR fo~ hein, executon, administnton and ~ssipns, Mr~by oownant~ wit1~ th~ qid MpRTGAGEE, ht wae~as and usipra„ €
,h,r ~hev are ~~r ~.~d of *n~ .,w
1y prNniKS in fes sanplr, that tFw iarr~e ars f?M . cl~ar uid diuhupad fror.. ~II lisns and ~acun~
brances in law w in sqvity, ~nd thst thev „„~y ~ thPi r
heiq ~h.U w~rranr and d.fend th. ritl~ a th~ s+m~ ro rM s+Id
MORTGAGEE, iri s~rcc~uon and ~ugrn, for~wr ~paimt th~ Iswful claimt a~d dananda of all pKSOrot
PROVIDED, AIWAYS tbst if ?M MORTGAGOR ahall pay wno tF~e MORTGAGEE tM promiwoty not~ hertinb~fw~ dewib~d ~nd ihafl trtily, promptly
and fully pe?fam. disch+r~e, eaacute, complrt~, compfy with ~nd ~bid~ by sach and ~vsry the uipulario~, ~preNnents, conditiom ~nd cavenany of said
promiuwy not~ and of this Maty+~, then thh Mortg~ye and tM Esut~ h~nby crtated sMll aesw and b~ null a~d void.
IT IS UNDERSTOOD tMt tM word "Mwtys~a" whe+her in tM tinpulu a pl~ral ~~ryrwhen in this Mortyay~, shall b~ ~inyulu if on~ only ~nd
•hsll b~ plv~al joi~tly ~nd ievenlly if mon tf?~n o~, and tMt tlre wwd "thsir" ~s uud ~nywher~ in this 1MonQapt ~haU b~ taken to rn~in "hb:• ••Mn,••
w'id," wherever th~ context so implies or admin. Al~o, tlut wFKrawr tha~ is ~ r~fK~ in th~ cw~n~nb and apr~emenq her~in contairrd to se~y of
t1,~ puties her~% fhe wnr dull b~ cantrued to me~n ~s vwll n the h~in. Ig~l r~praentatires, sucrssson and ~uipr~s (sither votumuy by ~d af th~
panies or Jnvdunta+Y bY operation of tlu law) of tM sam~ and rhat rhe covenanta h~r~in oo~t~inad shrll bi~d ~nd tl,~ b.n~fin u+d advam.y~s inun j
ro the r~sp~ctiw Min, I~al r~praent~Yrves, ~voces~on and au:pm of tlw part;p lM.~ta
Md Nid Mort~pon, for tF~emsetwt and tMir heirs. I~I representstives, succ~uon and asiprq. Mnby jointly ~nd sevKatly cov~n~nt and prN ~
ro and wifh tM aid MORiGAGfF, irs wccrasors and aui~ns; " i
1. To pay al! and sk~Qulu tl~ piincipal and int~rest snd thi wrious snd wndry suma of morny paYablt by vinw of said promiuory note, and tFSa '
mortysp~, s~th and ~wry. DromPtly an the days r~sp~tf'n~ly fh~ saieM wv~r~{ty becom~ dw. #
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2. To p~y alt and sinpular tM taaa. ~s~es~menfs. Iwia, li~bilities, obliyations ~nd ~e~cvmbr~nas of wery natw~ ~nd kind now oe said daaib~d i
Woprr~Y• or thaf Mr~aftK may be impwd, sv?la~d. W+ced, levi~d, o~ ~swss~d thereon, w that ha~~fta enay b~ levi~d a~iseased upo~ thb Mort~- ,
ays, a tFw k~d~btsdn~ss acw~d her~by ~ach and ~wry, whe~ dw .nd Paybt~, accad~np to law, b~fa~ they becom~ delinqusnt, and b~fon a~ryr iMa~st ;
snach~s p any penalty b incwred; AND INSOFAR /l5 A THEREOF (S OF RKOR~ THE SAME SHJII! Sf P1tOMPiLY SATISflED AND DISCHARGE~ Of ~
RECORD AND TME ORIGINAI OFFICIAI DOCUMENT (SUC~ AS, fOR INSTANCE, THE TAX RECEIPT OR THE SAiISFACTION PAPER -0FFICIALIY fN00RSED ~
OR ~ERTIf1ED) SMALL l1E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN pAYS NEXT AFTER PAYMENT; u~d in ihe wa+t that ~ny ft~~of q rqr
paid, saf.sfi~d ~nd dischar~d ~:d MORTGAGEE may at any t'w~» pay th~ san» a ~ny part tl+awf withovt waivin~ a ~ff~ctin~ a~Y optio~, li~n, pv;h w (
~~gh+ ~nder w by virtw oi this matyay~ and the full amount of sach and tvery wch p~ym~r~t ~hall b~ irewn~diately dw ~nd payabl~ a~d thall b~ar interet~ :
~.om the dn~ ther~of ~ntil paid n~~te of nin~ per u~tum pN annwn u+d ~~Mr w~th such imKar shall b~ secv.ed by N,~ li~.~ of fh:s mwptp~, j
B~K s~o PACE zso #
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