HomeMy WebLinkAbout1703 t ~ ~
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THIS INOENTURE, llll~d~ th~ 28th day of 'J~@ A.~, 19~ b~r"'~n ~
Leo C. weaver and 1drEd weaver! his Nife, _ ;
of St •~+tlC~@ ~ ~p~~y FIwWa. Mr~in~ftu d~slpnst~d ~s tM "MORTGAGOR," ~nd FIRST fEOERAI SAVINGS AND IOAN ~
ASSOCIATION OF fQRT PIERCE, a aorporation orpanis~d and ~xutinp under th~ laws of tM Unit~d Sa~a of Am~rk~ ~nd havinp iN princtpal pl~o~ of
busiMU in tM Ciry o~ fal PiKa. St. luci~ County~ iluW+. hsnin~h« daipn~t~d as tM "MORTGAGEE."
WNEREAS th~ MORTG/?GOR h ~ustly indel+t~d w th~ MORTGAGEE in tiw sum of ~ 4lZ5O~~ yood and lawful mawr of tM United
Sqtes advant~d by tM MORiGAGEE u~to tM MORTGAGOR, ~s ~vid~oted by ~ cKtaie ptomiuuy tat~ of ~ven da1~ hK~with, of which tM fdlowinp i~
worda u~d fipuns k• trw copY, towit: .
~ 4 ~250.00 ~ ~~~,..~,4.996
~ P~. June 28, 1968
fp valw nceived, 1, vw w~itMr of us, promit~ to p~y, without d~falation, to tM ordK of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATtON Of
FORT PIERCE ~t Fwt Pierc~, Florida, th~ wm of t4~25O~~ w;th interest irom date st the rate o~..a~.~`X. pa annwn, in ma+thly 1mbIM
menb u follw~n: ~ SQ~~ on tM~~2L day of Aurnlst 19~_ and a likt swn on th~ corrtsp«dinp day of e~ch ma+th tM~r
aftK umil tFN whol~ be fully paid.
Esch imtallment iirst shall b~ applied in payment of tl?~ interest snd then on ths uepald balana of the print~p~l sum. If d~fauh h m~d~ In tM
psyment of any installmcnt when dw, aod such defauh continues 30 d~y~, then ~t tlw option of the holder, uid without any other nolite, all tM rem~ininp
installmeob shall be dw and payabl~ at once. Privil~p~ is 9iveo ro pnpay this not~ in whob or in pa?t ~t any tim~ witho~t perwlty. •Neitha far~b~sr~na.
nor aa~ptanc~ by tM hold~? thereof sfte~ any defa~lt in anY WYmenb hereon, sMll b~ dean~d .x~.~?~o~,. ~ a?. P.rmem ~n..~. ot : 2• 95 sh~ll b~
added to sach irutallw~+t r~inirg vnp+id 7 days ~ht? ib dw dat~, and a lik~ sum shall b~ added to each such iroul4nsnt nmaininp unp~id 7 dayt +RK
each sutpadirg P+Ymer?f d~te. .
Each msk~?, wr~ty and endoner haeof, jointly and sever~lly, waives dema~d„pre~entmeot protest and notics of protest for ~onpayrnent. N+d f~rtMr
agrees to ~ny ~atension of time of p~yment, either befw~ or ~fter maturity, withow notice to ~ny of ui; ~nd to pay all cwb of collection, irxlud~np a
reawnable ~ttorney's fee in the event of ~ny de~sult hertunder, and h~reby severaily waives a!1 benefit of homeste+d and exemption ~nd~r th~ oonstitWlon
end laws of each State of tt~e W+ited States, ~s +yainst thls obtipation a any extension or renewal he~cof.
~tness th~ Mnd aod seal of each party. '
S, j,@p C • weaver ~
• (SEAI~
s~ Mildred L. Weaver ~
(s~W
~~6.45 ~ st.» aew~w.
(Stamps c~notltd on oripinal noq)
NOW. THEREfORE, th~ MORTGAGOR for ths purpos~ of secvri^0 P+Yment of said sum of ~4.250•OO , ud N» pKformu+w of tM
covanants and pr~emMb Mr~inafMr ~xpressed. and fw divers pood and valwbl~ coroider~tiaw bY tMs~ pnsems. dws qr~nt, buy~in, sdl, rNniss,
rele~w, conwy and confirm unro tht MORTGAGEE, ib wcceswrs uid assiyns, dl tMt cert~in 101, pi~u or parod of land, situat~, lyieg, and b~irg in tM
t~ry ~ S't • L11C~@ . and St~t~ of Flwid~, dacrib~d u fdbwi:
Lot 7~ Block 2, RBVISBD PLAT OF I~qPKIN'S SUBDIVISION~ as per plat thereof on file
in Plat Book 4~ page 62~ Public Records of St. Lucie County~ Florida,
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top~tMr with ~II and siegulu tFw t~nements, hereditunents ~nd ~ppwtances Nwreumo bdaginp w fn aapwiw appKt~iniig thsrtw, and ~II ?~nts, iuwr.
procMds snd profita aaruirg and to acaue from said premises all of whicfi ~n ind~rded h tM ~bow ~+d forpoirq dewiprion and h+b~ndwn-
TO HAVE AND TO HOID the abow described and yru?t~d premises unto tM s~id MORTG~?GEE, its suaetwn and aulpm for~w?. Md th~ iaid
MORTGAGOR for their h~in. ~xecutors, administwtas and auiyro, her~by ooven~nri with th~ said MORTGAGEE, it~ wa~s~o~n ~nd +~stO~M.
t~ they are ~~„iy, ~i~ a~,r,;~ in fs~ simptr, th~t th~ wrM a~ frN.. cku ~nd dixlwrpad from ~11 li~na and ~ncum~
bu~ns in l+w a in ~quiry, and tM* they will u~d theix h~ir~ ~F~+II w~rr~nt and dtfend tM titb w th~ un» to tM wid
MORTGAGEE; ~ itrioceesson and assipns, f«ewr againat th~ lawful clairM and d~m~nds of ~II p~norot
PROVIDED. ALWAYS th~t if th~ MORTGAGOR sMll p~y ~ento ti» MORTGAGEE th~ praniuar not~ I+KSinb~fon dewib~d uid sh~ll trvly, pramp~ly ~
and fv11Y p~rfwm, discMrpe, ex~ait~, eomplet~, complY with and abide by esch and ~wry th~ atipulaYarn, syr~e~Mntt, oooditian and cov~nants of wid
promissory not~ ud of this Mortyape, tMn tF~is Matyay~ and th~ &tat~ henby cnated shall aaw u~d b~ rwll ~nd wid.
~ IT IS UNOERSTOOD that tl» word "1Nortyapw" wMther in tl» sirgviu a plwsl anywMro in this Mort9pe, sh+ll b~ sirgutar H on~ only u~d ~
•h~ll b~ plutal ioietly ad sewnlly if mor~ than on~, and tMt the word "their" u used anywhen in this Mort~ap~ sMll b~ t~k~n to rewan "his," °hKS,"
w"ib." whsrwar tM content so impl'NS w admits. Alw, tMt wherever that 4 a r~f~r~noe in th~ oown~nn and apr~emen» Mrein eont~frwd to any of
tFw p~rties Mr~to, th~ sam~ sh+ll be caatrved w-~m ~s vwll u tl» Mirs. Ip~l r~pra~ntatiws, woceswrs and assipro (atha voluntMr by ~ct of tM ~
p~rtiq or involunury b~r opuation of the law) of tM wrr and tlwt tM cov~eNnn Mnh oomairwd ~II bind u+d the ba»fin and adv~nip~s Gwwt
to the resp~ctiw 1+~~, bp+l r~praent~tiva, sua.asora and au~m of the p~rti~s lwr~to.
Md s~id Morspapon, fw thems~tws and th~i? Iwirs. Is9+1 rep~~~er?tatives, waaston and +uipro, her~by jointly and s~wrally oov~nam and ~pne
to and wNh tIM said MORTGAGEE, its svccessors and assipns:
- 1. To pay all ~nd ~kg~rlar th~ prinap+l and intKat snd thi vuious and sw~dry wim of moewy p~yablt by virtw of ~aid praniswry rwb. ~nd t1~
mortyape• Nth ~nd ~wry. P~~^~M~Y d+1K ~iwly th~ sarm Nwrdly betom~ dw.
Z. To pay all and sinpular th~ sax~s, usesumnts. Iwia, liabilitia, obli~tiaa x+d ~nwrtibrances of wery n+tur~ and kind now on said dexr~d
P~~b, w that MrsaBa may b~ impowd, suffend. P~+ad• Iwi~d, a aws~ed th~no~ a th~t Mr~aftN may b~ IwNd w~swswd ~pa~ tNs Morq~
+y~. a tl~e indebt~u Wax~d Iwr~by, e~ch ud wKy, wMn dw and payabb, aawdinp ~o bw, befon Nwp b~ooen dtlinqwnt, and befon a+y tnta~t
attaches w any p~~alty it incwred; AND INSOFAR AS A THEREOF IS OF RKOR~ THE SAME SFIALL 6E PROMPtIY SATISf1ED AND DISCFIARGEO OF
RECORD AND THE ORIGINAL OfFIC1Al DOCUMENT ~,SIJC~ AS, fOR INSTANCE, THE TAX RKEIPT OR THE SA?ISfACTION YAPER ~OFfIC1AllY ENDORSED
OR CERTIPIED) SHAIL 8E PLACED IN THE HANDS OF SAID NIORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIEN?; and in tM ~vent that ~ny NMr~of is no1 ~
paid, saY.~fied uid dischu~d said MORTGAGEE nwy at ~ny time p+y tht a~ne or any pa~t tMnof withow waivirg w affectinp any optlon. UM, eqvity or f
•ipht u~d~r w by vi?tu~ of this mortyape snd the full ama?nt of each aed tw~y such p~ymtnt ~It bt irrwnedi~tely dw a+d psyabl~ and fhall b~ar intKeat ~
~.om tM dat~ rF~e?eof until p~id e wte of n'ur p~r c~ntum pN ~nnwn anQ eth~r with wd~ ima~st sMll be s~cw~d by tM lien of th:s maptsp~.
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