HomeMy WebLinkAbout0346 . . , ii., ; .
ryi r~DENIURE. Mad~ r 19th ~Y~ January w A.D. ~v
68 b.n~w«?
Wi~~iam R. Hoy an r ey . oy, s w e~
~ $8 nt Lucie ~~ry F~~~ ~~~~M dNipMl~d q 1M "MORTGAGOR;' a~+d fiRST fEOERAt SAVINGS AND IOAN
ASSOCIATIO/+! OF fORT PIERC~ • coipor~lFOn orpanis~d ar~ ~xii~inp und~r tM lavw of tM Ueihd Sut~s of Amerlc~ and h~vtnp iri prtocip~l pl~u of
buw»u in tM Gity of foA PiKC~, St. lud~ Cow?ty, flaida. Mt~IM~1N i~Li9Mt~ p fIM "MORTGAGEE."
WHEREAS tM MORTGAGOR ii jwtly ind~bqd to thi MpRTGAGEE 1n tM swn of Z~~ , pood and lawfvl moi»y of tM United
St~tt~ advanced by tM MpRTGAGEE unto tM MpRTGAGOR, as ~vidx~cyd by • cKtain promisso~ry oot~ of ~wn d~» hKwvith, oi which tM foltowinp ie
w.xd~ uid ~ipvr~ b• trw copy, tavrit:
~3.100.00 ~14,663
fat Pi~?u. Flaida. JanuarY . l9 .
i9 b$-
Fc~ v+iw r~ceiwd, 1, vw or etther of us, 3~_ py~without d~Falcation, ro tlw ord~r of FlRSI fEDERAI SAV! ~AtJl~ jOAN AiSOU~j10N OF
FORi PIfRCE ~t Fat Pirru. Florida, tht ~vm of : f W•W with ;ntaresf from d~t~ ~t tl» w» of 6~.~ pW xv?w~, i~{ '~eion{hjq.ieptall-
53.00 lOth March 68 ~y ~f f~
me~n as fotlowi: ~ on tM d+y of 19 u?d a lik~ sum on th~ cwr
afta until the whol~ b~ fully paid.
E+ch instalkr»nt fint ahali b~ applied in payment of the interesl and then on tha unpaid bat~noe of the p~inc~pslsy,m~, .~f d~f~u~i ni~~_ tn th~
paY.rKnt of any ie~aliment when dw. and iuch defauh conUnues 90 days, then ~t tM optiw~ of the holde~, ~nd withovt any vfN~~ noac~. all tlk remaininp
ins~alim~eb siyl) b~ dw a~d p~yabl~ ~t o~. Privilep~ is 9iven to prepaY this oot~ in whpl~ a in p~r, at any Kme witF~oW 'p~i~hy ar~q.
nor ~a~ptanc~ by tlw FwidM Mk?eof aftK any d~fault in anY p~ymenq hsreon, sh~ll b~ de~n~d ex~ensan. A I~t~ paymsnt chup~ of shatt b~
addea ro~ach Intqllm~nf remal~irg unpaid 7 days after ip dw dat~. ~nd a lik~ wm alwll b~ ~dd~d to sach wcl? inst~l4Mnf ~«rNininp ~npaid 7 days afMr
each ~t+ca~dinp WYmtM datt. , ' _
Each makt~. sunry ~nd e~dorier Mreof, ioiroly and sev~~~tly, w~ives demsnd, p~esentment prote~t ~nd ratic~ of protast fw nonp~yms~?t. ~~d fiirtl~
sgrees to ~ey ~xtension of tim~ of payment, eitMr bsfore or after n~atwity, withovt rwtice to sny of us; ~nd to pay all oosn of collaction, inclvdinp a
reasor?~bk ~ttomey's fe~ in the went of any defsult herwnda. and Mr~by ~verally waivK all benefit of homeite~d and ~xemption under tM wmtitution
and laws of each Stat~ ~f tht United Sates, as syairot this obliy~tioo a~ny exteeuion w ranew~t herwf.
Vvftr?~ss tM haed and se~l of each p+rlr• •
s/'William R . Hoy ~
s ir ey . oy ~
~ $ 4. 65 ~ sr.» RswM,. t5~1t1
(St+mps arrcsll~d on wiyinal eot~). "
NOW. THEREFORE, tht MORTGAGOR for th~ pwpw~ of secvrirg p~yment of said wm of ~ 3~.1~ • ~Q_~ ~ th~ p~{p~~ of tM
covsnann .nd .preemenh Iw~;n•h.r ~xpres~ed. and iw diven 9ood ~nd valwbl~ co~aidK~tipu„ by tha~ pres~t~, does pr~nt b~rp~in, ssll, nmis~,
,e1~as~, caw~y and confirm unto tl» MORTGAGEE. its succ~s~on and ~aipns, d! tFwt unain bt. pi~u or pval of land, sftwa, hinp, and beap M tlw
County of Saint I.uc ie Stab d fb?id~, dNVib~d a follows:
Lot 7, Block 2~ River Park Subdivision, Unit No. 1, as per plat thereof on file`in
Plat Book 10, at page 69 of the Public Records of Saint Lucie County, Florida,~
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ro~tMr witb ~It and sinpvlu the t~rwer~q, he~editaments ~nd appwlancn tMrwMO Mlagag w in inywiw ~pp~rtaininp tFnrNo. and all rems, hs~~s,
p?oc~eds and profin ~ccruinp and to acuw from ssid pr~mi~ea all of whkh u~ indud~d in th~ ~bov~ and fonpoirg d~wiption and hab~ndwn.
TO HAVE AND~~O FllOrlD tlw ~bove describ~d ~nd yr~nted pr~ma~s unto th~ wid MORTGAGEE, its waeswn and ~ssipro forww. Md th~ s~id• ~
MORTGA or r~e h~in, ~xscutors. ~dminwtwtws ~nd ~uiyns. herebY oov~n+nb with tl» said MORTGAGEE. Ma svc+aaors ~nd ;
f~~ ~~ey are ~,n ,~u.d pr r~. ..~a e~ {
y tiiey P`•m~•• t Lhe~i that th. w+i. f..... cls+. .nd d'act~..y.d troe. ,n U«a .nd «~cw~r
bnncet in law or tn equity. aod tha+ wiN ~nd heiq ~hall w•rranf and d.fend r1~ ri?I. a ih. sam. ro~h. said
MORTGAGEE, it~ wooessors snd aaipro, fwrwr a9~inst tl» lawfvl claimt ~nd d~mu~ds of ~II p~nonsj
PROVI~ED. /1LWAY5 that if th~ MORTGAGOR ~MII pay unto the MORTGAGEE th~ ppn'qto~y not~ her~inbeion d~wibed ~nd sh~ll truly. pranptM ~
and fully pKform. d'ad~uqe, ex~cut~, comPAt~, oomp~y wirh ~nd ~bide by ~sch ud ewry t!r stipulaGora. +yree.nents, conditkm u~d cone~anb of s+id
prom7siory rat~ and of this Mort9ay~, th~n this Morty~pe and th~ &t~t~ henby cnated shall paN u~d b~ rwll ~nd void.
iT IS UNDERSTOOD tMt tlw word "Mortpappr• whet?ier in tF» sirg~lar w plwal ~nywher~ in this Mortyp~, shall b~ sinyular if orn only and
~hall b~ plutal jointly and wwwlly H mor~ th~~ oni, and that thf word "th~ir" ~s used ~nywh~~~ in this Mortpap~ ahatl be taka~ to rn~an "ha,•• •'IKn,••
or 'its:' wha~wr !Fw comssr so implie~ or admits. Alw, that wher~ve~ tF~er~ is a nf~r~na in tM coven~nb ~nd ~nemenn herein oont~ined w amr of
rF+~ pntia h~r~% the sanr fhall b~ caatruad to mean a well ~s tl+~ Min, Ipal np~ntatiws. woasson aed aaipns (eitha voluntary by ~d of tt» ~
W„i~s a imdwnWY bY operstio~ of rM Inw) of tFw aaene and tMt th~ coven~?~s Mr~in conr~ined sh~ll bind and th~ benefits and ~dvanaya inw~ ~
to th~ rap~ctiw Min„ Ipal r~pr~s~r?tativa, waasrws ~nd au~yn,~ of th~ puti~s hento, 2
Md said Hlortyspon, for thams~lws ~nd tMir Mirs. MDaI r~praentatiws, waces~ws and ~uipro, hereby jointly ~nd wverally oaven~M ~nd pne ~
to ud with tfM aid MpRiGAGEE, ita suapso~s and ~ssipm: ~
t. To p~y all W+d sinsvbr th~ prinapal ~nd interest and rl~e v~riow and sw~dry wms of moe»y p~yaW~ by virtve of wid promiswry no». ~nd thia
n+ortyp~, wch and werY. W~P~Y d~ri ?~+P~~Y fM ssrrN sw~nlly beooee» due.
2. To p~y ~II and si~yular tM ta:~s. ~s~esun~nb. Iwies. Ilablliti~s, oblipatio~s and sncumbrancq of wery n~tur~ and kind rqw on ssid d~svib~d
Prope?b, w tlut iNr~afta may be impw~d, suff~nA, pbad. I~vid, or ~~eusd ther~on, a that hae~Na may b~ Iwad w aseued upon this Mwt~-
+y~, a tM Ind~btsdoess acvnd hK~bY. ~sch u~d ~wry, wMn dw and p~yabb, aaord'irg to law, b~fon Nry betomt d~linqvent, ~nd befon u~y MNtre~t ~
+n+cha w a~y peewlry it incwred; AND INSOFAR AS ~ THEREpF IS OF RKORD THE SAME SFIALL BE PROMPiIY SATISFIfD AND DtSCHARGED af
RECORD AND TME ORIGIt+fAl OFFICIAI DOCUNIENT (St1C /15, fOR tNSTANCE, THE TAX RKEIPT OR ?HE SA115FACTION PAPER ~OFfICIAILY ENDORSED
OR CERTIf1ED) SNAtI 6E PlACEO IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTj and in fM ~vem t!?~t any N~ereof is no1
paid, s~t:ified u~d di~char~d s+:d MOrttG~GEE may •r •ny r~m. Par th._,.n,e o. any p,n th..sof wilhout w~iv'up w~ff~ctinp ~ny option, li~n, puitY w
•~qM ur~der w by virt~e of this monyay~ snd ths full amoent of ~ach and wery wd~ paym~nt shall b~ ;mmediately due and payable aod shall beu int~r~sr
~.om tlw dN~ tl+Neof vetil p~id it ratt of nirw per untum ~ R ~ top~th~r w~th wd~ im~r~st ahalt be s~cw~d by tM li~n of th:s mo~ptapt.
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