HomeMy WebLinkAbout2399 , •
4th ~biarch ~ ~ ~ 68•
A.o. 19.-~---., MtwrMe
THIS INDENTURE,M.d. th~ day of
John C. Scott, Jr . and Mary Gray Scott, his wife, _ -
_ --:---r---
of Sa n ~ e . Cwmfy Florida, hKiuuft~ dt~lpnattd ~s th~ "MORTGAGOR;' ~~d FIRST FEOERAI SAVINGS AND IOAN.
ASSOCIATION OF fORT PIERCE, a corporatan upu?ised ~nd •xiitinp u~ th~ laws of th~ Unit~d Su~u of M~eriu and Mvinp its p.nNNpal plm of
buun~ in tM Ci~y of Fat Pi~rc~, St. luci~ County, florida, Mr~iMftK d~tipnat~d +s tM "MORTGAGEE."
WHEREAS 1M MORTGAGOR ia jvitly indtbt~d fo tM MORTGAGEE i~. 1M sum of ~ 17 pood and lawful monsy of `tfie Un~ted
StaMs ~dvsnced by tM MORIGAGEE uroo tM MORTGAGOR, as ~v{d~nc«! by a c+rtain promiuory nott of even date herewith, of which tM io)bwin~ i~
wordi and ~i9urts is a trw oopy.. qwit: '
=17,500.OC Y4,742
~ P~~. March 4, ~q 68
Fa value received, I, we w e+ther of us, promise topa~
, without dtfatc+tiay to the o?da of FIRST fE~ERAI SAVINGSS AND IOAN ASSOCIATION OF
17 ~ SW with intereit from dste at ~M ~ate of 6~ 776 eonum, in monthly install-
FORT PIERCE at Fat Pieru, Florid~, the s~m of S ~
menn as foltovrs: ~..145~~ on Ihe ~'~thd~y of April 1968 u~d a likt wm on the correspa~d~np day of exh month tMrr
after until the :vhole be fully paid.
Each installment fin~ shall be appl~ed in payment of the i~terest and then on the unpald b~lance of tM princtps) sum. If defauh is msd~ i~ tM
payment of any instalimcnt when d~e, and s~ch default conlinues 30 dsys, +hen ~t tM option of the holder, ~nd without any other notice, all the remaining
ir?stallrt~ts sMll be dw and p~yab:e at once. Privilpe is givcn to prep+Y this noro in wlwl~ o? in p+?t ~t any time witho~t pen+lty. •Ntithtt faeb~ar~nu,
nor acc~ptance by th~ holder thereof ~fte. ~ny defavlt in anY paymenb hereon, shall be deemad ~xtention. A late payment chary~ of s 7• 25 ~all be
added to each inst~Il~neM remaininp unpaid 7 days aftK its dw dats, and s lik~ wm ~h~ll ba ~dded to each s~ch inst~llme~t ~emaininp uapaid 7 days ~fter
eath succYSdinp p~yment date. , .
Each maksr, wrety and endwser harwf, jointly and severally, w+ives demand. presentment protest and notice of protest fw nonpayment, ~nd further
•grees to any extension of t~me of payrn~nt, either before w after maturity, without nottce to ~ny of us; snd to psy ~II costs of collection, includ~np •
reasonabk attwney i fee in the evcM of any default hereunde?, and hereby severally wsives all benefit of homeste~d snd exemption uader 1M torKtitution
and laws of each State of tFw United States, as ag+~nst this obl~gation or any extension a rer+ewal hersof.
W~tnesi the hand ~nd se~l of each party. - '
~ /s/John C. Scott~ Jr. ~
cs~?u
s ary Gray Scott ~U
(sEl?U
2_6` 25 ~ Stats Revenw
(Stamq unnlled on oripinal nor~)
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of s~id sum of = 17 ~ 500 .00 ,~rd th~ performance of th~
(pylMnq ~nd a~r!lmenb F~!?tiMNN expreued. and fw dven ~ood snd wlwble wraideraYaea, by tMs~ presents. do~s prant, buyain, ~etl~ ffT/f!~
rel~au, conwy cOnf' m unto t(n MORTGAGEE, ib svcceuw~ and auip~s, ~II th~t oertain bt, piaa or paral of iand, sitvaM, lyiip, and b~inp in tM
co~~ti of ~a ln~ L uc ie .~d s~.t. of F~or~d., d..o~b.d fouow.:
The North 123.10 feet of the South 364 feet of Fractional Section 14~ Township
35 South, Range 40 East;
' ALSO
The North 258.72 feet of the South 496.98 feet of that part of Government
Lot 4, in Section 15~ Township 35 South~ Range 40 East, lying East of the
right-of-v~ayo~ the Florida East Coast Railway Company~,,
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v} QOCUA:t:VT,4 ~,TAP~~P TA;: RpC,~R U ~pi?,ac~°R
J ~ = 11AR-6~6s ~y zo~ t~~
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~ ~ °S /n ~
1~- V = t~'~ ' _
2 6 2 5=
N COMpTRGLIER -
PR.f90i~3 -~'-O~~~o~ _ -
- - ey
. 3
toptth~r with all and sirgulu tM Mnements, hereditamer?b and appurtances tl~erwnto btlonpinp w in anywiN ~pp~rt~inirg tFw~to. ~nd all rents, fssu~s,
proceed~ ~nd profits acvuirg snd to ~cvw from saici premises all of which sn indudaJ in the +bew +nd fore~oi^p dacription u~d h~bendwn.
TO HAVE MID TO HOLD tl~e abow described ~nd 9nnted prani~es unto th~ wid MORTGAGEE, in woceasors +nd +ssipns for~w?. Md th~ wid
MORTCaAGOR for the ~r Min, executon, adminntrators u~d ~uipro, hereby ooven+ob with tM wid JIIIORTGAGEE, ib tutc~sson +nd as~i~a.
that thev ~Ie I~wfully seiud of the s+id premiies in fee simplr, that tM sam~ an hK.. clear ~~+d discharp~d from all liem and ~ncu~r `
brances in law a in equity. and thst they r,,;ll ~ t11~ 1r he;~ sFwll warr~nt and d~f~nd t}r titb w tFr s+m~ ro tM satd f
JNORTGAGEE, its successon ~nd auiQns, forever ~yiuat th~ lawful tI~NM and dem~nda of all penonst '
;
PROVIDE~, ALWAYS th~t if the MORTGAGOR sl»II p~y unro the MORTGAGfE tM praniswry rat~ hereinbeior~ describ~d u+d ~h+~~ trulN. P~«^Pa~Y a
~nd fvlly perfwm, disdwrpe. ~xeout~, canpkte, comply with ~nd ~bide by ~ach and w~ry tM ~tipolstions, apreNMnn, conditioro and wwnams of said ;
Worr?wswY note and of this M«tya~, tMn this Mort9+y~ and the Esute hereby uated shall aaw and M null and void. °
#
IT IS UNDERSTOOD tfwt the word "Mort9ayor" whether in tFN sirgular w plwal ~nywiwr~ in this Mort~~pe, shall be sinpvlu if on~ only ~nd ~
sh~ll b~ plutal jointty and wver+lFy if mw~ th~n one. and that tM word "their' as wed anywh~n in this Mortp+p~ s~++ll be tak~n to mean "hu:• •'Mn•• .
a"in," wherever the context w implies a+dmin. A1so, tMt wherewr then a• ref~r«~a in th~ cov~n~n» u+d ayreem~nts hersie+ oontiuKd ro ~ny of ?
th~ partks hereto, tM same shall b~ oonstrved ro rn~an as vwll as th~ h~irs. My~l npraentatina, sucusson and assipro (~itha volvnary by ~ct of the ;
pan;es or invduntary by op~ratioe of tl+~ law) of tM sarn~ and tMt tbe coveo+na h.r•in eonrain.d sh+ll bind and th~ benefin and adv~map~s irnrr~
ro the r~spectiw hein. Ipal represenfativ~s, urccessas ~nd ass%9ns of tht parti~s 6~r~ta ~
Md asid Morfgayws, fa themselva and their hein, ta~al rtpraer?tatiws, successon and +aip~n. M~~by iointly and swaally covsnam ~nd ~pr~e ~
to ~nd with /F~ s~id MORTGAGEE, in succ~swn and +uiyo+: i
1. To p~y all and sirgvlar th~ prinap+l and iroa~at and thi vuious ~nd sundry s~wru of ma»y PaY+bN bY virtw of ~aid promi~swy not~, and this 3
morty+~t. ~~ch ~nd werY. W~Ptly on tfn d~ys nap~c?ivdy tl+~ s+nw swtrdly b~cam dw. f
;
2. To pay alt and sirgul~r tM t~xes, aisessments, levia. li~bilitia, oblgatio~u a~d Mcwnbr~naa of wery n+tur~ and kind now on s+id described 3
property, or that FIlfNNN m~y b~ ~mPa~d. wffa~d. Pbad, levied, or ~~s~d tt~~oe, w th~t her~afte~ may b~ IevMd a auea~ed upon thf~ Mort~- ~
ape, w t}w ind~btsdn~u uow~d hsreby, esch and wery, whan du~ aed p~yabl~. aaordirg to law, b~fore thry becane delinqueot, ~nd befa~ ~~ry Fet~rest
~tlKhlf W ~f~y ptM~ty if inCVr?!d; AND INSOFAR AS ANC 7HEREpF IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIED AND DISCHARGED OF :
RKORD AND THE ORIGINAt OFFICIAL DOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RKEIPT OR TFif SA?ISFACTION PAPER ~OFfIC1AlLY ENDORSEO
OR CERIIFIED) SHALL 6E PUCED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEX' AF7ER PAYMENT; and in tFN ~vent tMt any thereof is not
paid, saY.sfied and disth~r~d said MORTGAGEE may at a~ry tirn~ pay tM sam~ or amr put tMreof without w~ivinp w ~ffectirg any option, lien, equify ot
.iqht under or by virtw of this mortysp~ and ths full amount of each ~nd ~very s~ch p~ym~nt sh+~~ b~ immedi+t~~Y dw ~^d WY+bk snd shsll b~ar iMe?~st
~.r.n the date thereof ~ntil p~id tt ~ate of nine per centum p~r ~ewwm and wy~the~ w~th wch imNat ~hall b~ secur~d by th~ li~n of th:s maqtpe.
B~~K 1rj~ YAG~ ~~~V
""w.~ r.~-~~k~~l~ 4 s5"~.'c - . 1