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HomeMy WebLinkAbout0863 5th ~ ~ ~ ~o~:~.r ~ ' ~ l'7196 ~3 A.0. 19~. bNwMn ~N~~~ ~ Lou s B. Ols n Jr. and Anni~ L. Ols~n. his wi~~ - af St •~.UC f County flor~da~, Iwr~in+ftw dMip^aNd u tM "MORTGAGOR," ~?d FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIfRCE, ~ oorpor~tion orpani~d ~nd existinp w~da tM law~ of th~ Unit~d St~ta of Mwrka ~nd h~virq iri p~W~ P~+« ~ buain~s h 11K CitY ol fort PiKa. St. luci~ Cow+ty. Flaid+. Mninaftw d~sipnN~d a tM °MWtTGA " WHEREAS 11» N10RTGAGOR it jutN~r ind~b~d to tM MqtTGAGEE in 1M of i ~ 75 . pood ~d I~wful maNy of tM Un'~Nd St~ty ~dv~nad by tM MORT(iAGEE ~ u~to tM~ NiORTOAGOR, at ~v'~nted by a prt~i~ pwmisw~Y not~ of ~w+~ dat~ hawvith, of whtd~ 1M foltowinp b Wad, .~d fipu?a i~ . m» oovr. ~ 15, Z64 ~ 7,750.00 tro- _ ~ P~ Novo~bes 5 For valw nahsd. 4 vw a~ith~r of us. Pwmiw Y._ycithoW d~falc+tion, to tM orda ~ FIRST FEpER~1l~ VI~s ANQ 4QAN ASSOCIATION OF FORT PIERCE .t ~ Ps..o.. Ho?~d,. ~h. ~n Sth'~'~~Ja?nuar wirb ~~69 r t?o~+ d.t. at ~.h ot~•'25~ w. m«?t~? i~.+.i~. mrnn as follawa: 3 6~' ~ on th~ day of y 19 and • lib swn an 1M com~pw~i~p dq? of each n?onth tfwr aher ~ntil th~ whok b~ fully p~id. Each installm~M fint ~Il be spplied i~ payment of the interest ar~d then on the unpsid bal~nce of tM prlncip+l wm. If d~fwh is m~cM in tM payment of any imtalkmnt wMn due snd wch defwlt contimies 30 dsy~„ then ~t tF~e option of tht holda, aod without ~ny otMr notk~. all tM r~lninp instsllmenb sh~ll bs du~ ae~d p~yabl~ at pxt. Privil~ b 9iv~n to prepaY thb nob i^ n+Mb or i^ P~n at any ti+n~ witl?out p~ndty. NtitM? forebsu~no~. nw sa~ptanu by th~ hoW~r NKreof aha uqr def~uh in anY P+Y~~ts 1w~eoe, sl~all b~ de~ensd ext«uioe. A bts WY~~ ~W 3' 35. shall b~ added to Nch irntal4mnt remaininp unP~id 7 days ~ff~ iis•dw dM~, and a lilu swn sh~ll be added ro each wch inttallm~nt ?~iniop wip+fd 7 d+y~ aftK e~ch wca~d'inp p~ym~nt dat~. . EKh m~IcK, wnty ai+d endorser hanof, jointly and sevKally, wa'rves d~m+ewl, presentment protest ~nd notice of protat for no~paYm~n1. +~d fu~tMr agree~ to any ~xtension of time of payma~t. either befa~ or afier matwity. without ~otice to any of ~s: and to p+y all oosb of collMion, includ'r?p • rrasonabl~ attwaey's fee in the event of sny defauh Mrwoder, ~nd her~by sever~lly waives all benefit of homestead and ex~mption under tM comtilWion and I~v~n of exh St+te of tM United States, as ~gainst this oblipation w ~ny ~ztension w ~e~+ewal hereof• ~tness th~ hand snd seal of each party. Louis B Olsen~ .Ir_ ~ ~s/ Annie L c~lsen _ ~W 15~J?q ~?U ~ 11.70 ~ Sta» tt~wnu~ ` (5ramps c«rcdl~d oo «ipinal not~) 7 750 O~ - NOW. 1HEREfORE, tl+~ MORTGAGOR fw the purpos~ of sscurl^9 WYment of s~id sum of ~ ~ ~ . ~nd th~ p~rfa+n~no~ of tM cov~nann and a~~nb hereir?after ~xpreued, u?d fw diven ~ood ~nd v~lwbl~ considKatiom, by tlNS~ pr~sents. doa p?ant, bupain, stll, n+mise. release, eonwy and~qn f'un1. unfo,tM MORTGAGEE. its woasson and assipns. ~11 th~t oKtsin lot. Pi~a a Pupl of Mnd. ~itvab, Irirg, and b~itg In tM County of 5~ • LuCi@ and St~t~ of Florid+, daaiMd u fdlows: Lot 3, Block 13, MARAVILLA PLA~A S~JBDNISION, as per plat thereof on file in Plat Book 5, page 44, Public Records of St. Lucie County, Florida,~/ 0 5 + IN PNYMENP~TM. / Ip7AtiGIBtE REGEIVf~ _ . DUE C~~ SER 2~112~1. ACTS Of 1941a ~ ~ < < ? , : . PUP.S~.RYT S oc ~e~k Circu~t ~ ~ u~~~~ 1 L- t~- L~. ~-.1 L.~ ROGER PGij.,~+S, ES j t~ ~ DOCUhicNiA~;-~S1~AMd T^.X f~ (',URtls ~ E > = NOV-a'63' c~ ~ 'T _ ~ ~~t ~pW?~ T~X ~AU~ , ~ $t, 1.11C1~ ~J a N V CoA4PTROLIEA P O~ /G C~ ~B.~so~as ' ~ _ 8Y pFAI1Y rogerMr witl~ dl ~+d skgulu tM t~neirNnn. Iwndiramena and ~ppurt~s tl»rN,nto bdorgiop or in +nYwk~ ~PPKt+lni^D 11N?eto, and dl nnM, iw~rN. pr«~ and profits aaruiig aod to aeeru~ from said premi~es, all of whid~ an ieelud~d in th~ abow a~d forpok~p d~wiption ~nd Irb~nelunw TO HAVE At~BiT-- th~ ~bow desvib~d ar?d y~~nted premis~s uMO the ~sW MORTGACsEE. its woassws and ~ssipm fortwr. Md th~ wld !1AORTCs~GOR fo+ heirs. ~xecvtas, administntors and assipro. Iwreby oov~rwnb wnh tM said MORTCsAGEE, i1s woowon ~nd awlpew L[ley aZ@ rh.t - lawfvlly ~ oi the aid praniws in iN Mwt tM wn~ ar~ hN. cMM and di~ch+rp~d fran dl fiMn brano~s in I~w or in puily. ~nd Mi~t ---~y will and the ! Mi~a siwll warr~r~t snd d~f~d th~ titlt b the s~ to d~ M~d MORTGAGEE. Ns wooawn and assipns, iwwar ap+inst tM lavrful daims and d~mand~ of sll pKSO~at PROVIDED. ALWAYS tMt lf tht MORTG/1GOR ~h+ll p~y unto tM MORTG/1GEE th~ panh~ay not~ Mr~inb~ion duvib~d and shall Muly. P~omWh? •nd fully pKforn~, ~tdwrqt. ~a~cuh, eanPl~t~, complY wtth N+d abide by ~ach and ~vary th~ atipul+tio~r. +W~n+~as, oooditioea ~nd oov~n~nts d said p.omiswry not~ and of thi~ Mortpap~, th~n this Mortyap~ and tM Estat~ hu~by wahd ~hall o~as~ ~nd b~ null ~nd void. IT IS UNOERSTOOD that tM word '7Nw~~+Da" wh~tlwr in tiw si+~pular a phxal ~nywMn in thi~ Morp+p~. thdl b~ sinpular If on~ only ~d {MII b~ plunl ~oiMly ~nd ww~ally H rtia~ tMe or?~I ~nd that th~ word "tMr" a uMd anywMr~ in lhis Mort~pt shdl be tak~n to m~n "1~." °h~rs." w"fh " whNwK f!M cont~ut so impliq or admitf. Abo, thaf wlwrwM fhN~ i~ ~ r~fMNK+~ in 1M aOwMnb and pnMMnb hK~in oOM~MNd b atqr o1 tlw parti~s hant0. th~ wn~ shall b~ oauhwd fo nwan as vwll as th~ h~'a~. Ipal r~pns~MNivw, woo~stas and ~ssipr~t (~ithM voluMary b1? act of fh~ pania or k~olunury M op~r~tion oF t!w law) of tM same and that tM oov~nw?» Mrein aoMaLwd ~11 bind and tM b~nefib ~nd ~dv~ntap~s frwr~ ro rM .«p~aivr Min. Mpd t~praaa•tiws. wocawrs .nd aa~pns of the pwria her~lo. Md s~id Maqpas, iw ti~nwMs ~nd tMk Iwk~, l~pal rMxew~atives, woc~uors and a~siqrr. MnbY i~N ~nd wwwN~? ao+anMM and prK ro aid vrith th~ wid MORTGAGEE. in woas~o.s ~nd +~ipiw 1. To p+y ~q and ~kgular 1M p~indpal and iohr~p ~nd tM varaw ~nd ~undrr wnM oF nwrnr pay~bb bp virtw of wW promis~ory ewb, and this matpp~, wth ~nd ~wry. PranpNY on th~ d~ps ?~WatiwlY. the sanr wwr~llp ~caeM dw. 2. To p~y ~II and ~:~pvla N+~ a~. aMan~nea. 1wi~s. IiaWliri~s. oblfp~tiar and «wwnbr~~ d wKy nnun and kind now on raid d~wb~d propw~y, a Nrt ha~aha may be impowd wff~nd. M+ad. 1wi~d, a awswd tMrwn, o~ tMt h~rwf~ nwp b~ Mvf~d or au~~d upow thl~ Ma~ ap~, a tA~ kid~bNdmsa Na+nd I~nbp. ~ad~ ~nd ~vMa wMn dw and payabl~. +aordin0 b law, b~on N+~7? b~oon» dd~M, and b~fa~~ ~nf? iM~rrM ~tt+cMa a~nY p~^dh y inaKr~d: AND INSOFAR AS AN1f TNEREOf IS OF RKORD t~ s~ sw?u ~ PROMrnr SATISf1EO AND WSCMARGEO OF RECORD ANO TNE ORIGINAI OfFK1Al DOCWNENT SStKH AS. fOR INST/1NCf, TNE TAX RKEIPT OR 1ME SA?ISfACT10N PAPER OfFK1AtlY ENDORSEO • OR CERTIiIE~) S?IAII SE rl!?CE~ IN TME MANDS OF SAID MORTGIIGEE WIiMIN TEN OAVS NEXT AFTER ?AYMENTs and i~ th~ wreM thN ~n~? Nwr~of is n01 p+id. ~aCsfi~d ~nd di~dwr~p~d ua! MORTGAGEE n+~y n~eqr tbn~ p~y f1N Or ~np pMf thKld wilhoul waivinp Ot ~~MQin~ «M aP~. ~4 q~M p ~•wn th~ d~Na ~ w~til a at~ rap ~ n~ e~fvl~ and Iop~fhK wilh s~ucfi ~ ahd~iK ~d ~ d th:s ~woroqq~• ~ ~ - ~ BooK1 ~4 ra~