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HomeMy WebLinkAbout1126 ~ . ; ~ ~ ! ~~L1J t : , . ~ a THIS INDENiURE. AAid~ tlw 6th ~y ~ November A.Q 19~. b~hw~n Russell W. Bwcwell and Roberta L. Burwell. his wife of St • LltC3.@ Cp~ty ryaid~, IMr~ftK datpn~ted u tM "MORTGAGOR," and FIRST FEOERAL SAVINGS ANC IOAN ASSOCIATiON OF FOR~ ~J~~ IF'o0awration orpu?is~d and ~xistinp u~r tM laws of tM~ /U~~nit/~~d~/~S~fc~ta of Mwtiu a~d lwvinp Ms p?Mdpal pl~ of buitnMS in tl~.Ciry.iqt fxt:~°~; St~~ir ;GoumY. Fbrid~. Mnin~hw daipMtsd ~s tM ~~VRTW~VGGN 3 200 00 and I~wfvl morny of th~ Unit~d WHEREI'S MQRT II?j~q~j~d~b~~d to th~ MORTGI~Gf~ ie 1M swn of ~ s • . 9~ Sfstes ~dvanad~l>y+MN'/N~A~GEE•i~ thy ~MdRTG/1OOR, as ~vid~nad by • cKt+in p~omisw~Y not~ of ~wn d~» 1?Kwrith, of w1iKh tM fdlowinp in wo.d. .nd fipwa b a M?. aop~?. lo-wit: 15, 265 : 3, 200 •00 1~+~ . , ~ P~ p,~~ Novenber 6 ~9~~ Fa vslw noetvad, i, w~ w~ithK of ut~, pranis~ to P~Y: d~fslution, to tM wda of FIRST FEDERAi. SAVINGS AND LOAN Ai50tIATFON OF i FORT PIERCE at fat Pie~a, Norida, tM wm of ~ 3~~~ ` with inta~st from dat~ ~t th~ rat~ of7..s~.,~% p~r Mnwn. ~n monthN 4a~+~E menn a followc i35.00 Sth ~y of Ja?nuarv . 19 69 and a lib awn on tM aor?NPa+dinp d+Y of ~+c6 ^nomh ~e' ~ sfter unti) the wFwb be fully piid. ' Each instal~mMt fint sh~ll b~ ~pplied in payment of the interest ~nd then on tM vnp~id b+tanoe of ths princips) sum. If defwh h. mid~ In tM payment of a~y initallment wh~n due, and s~xh d~f~ult contl~ues 30 d~ys, then at tM optio~ of th~ holde?, and without ~ny other notKe, ifl th~_rertwininp insrallmenh shall b~ dw u~d pay~bi~ st once. Privilp~ is ~ivsn to pnpay thh note in wtwl~ o? in put ~t any tim~ without pendty. tJ~i1Mr fonb~+nnu, ~o? aaptano~ by tM hold~? tMr~of sfler ~ny defauh in u~y payenenb herwn, shall b~ deansd extension. A lat~ ptyllnem dwry~ of sh~ll b~ added ro~ach imtaliment r~lni~g ~op+id 7 days ~ft~r its dw dat~, and a liks wm sM~l be added to exh wch instslim~nt nmaininp w~p~id 7 d~ya aft~? each t~toNdLp paym~nt dat~. Each mska. wr~ty and endorse? hereof, joi~tly and swaslly, waives demand. prese+~tmeM protat and notia of prota~ for ranpayment. and fi?hhK aqrees to ~ny exteniion of tirrw of paymH?1, either befw~ or aher matwity, without notKe to a~y of usj snd to p+y ~II cosb of collection, tndudinp • reasonabk attom~y i fee ir~ tMe ewnt of any default hereur?de~. and hereby severally waives ~11 benefit of homestead and exemption w~d~r th~ aartitWion and I~ws of each State of /M United Ststes, as ~gairat this obligation or any ~:te~uion or renew+~ herecf• ~tness th~ Iw_d and sesl of each party. Russell W. Burwell ~ (SE/?U /s/ Roberta L. Bur~rell ~ t ~ ' ; r 4. 80 ) Stat~ Rw~nw t (Stamps unpll~d an atipinsl not~) ~ 3 200 00 ' NOW. THEREfORE, th~ AAORTGAGOR for the p~rpose of secvrin0 WY~eM of s+id wen of ~ • • . and tM p~rforrt?~no~ of tIN ~ co~er,.~n .~d ay.«~n he~e~r~+fror ~xpressed, and fa divers yood and valwbl~ coroidaatiaa, by tMw pr~unts. do~s qant, !»rp~in, s~lb nmiss, release, tonwy ~td conf'~rm unto ths MORTGAGEE, ih succeuots and ~ssiQn~. NI fhat urtain lot. p'wa ot p+rosl of lu~d, sitwM, lyinp, and b~inp in tM Covnry of St. LiLCi.@ , and Stat~ of flwids, davib~d ~s fdlows: Lot 20, Block 4 of FORT PIERCE~ BfiACH SiBDIVISION, as per plat thereof on file in Plat Book 4~ at page 58, of the public records of St. Lucie County, F lor ida; AL90 Point of Reference is the % Section Corner on South line of Section 36, Township 34 South~ Range 40 fiast, St. Lucie County, Florida; From said point of reference North O° 03' 02" West~ 297.3 feet along the boundary line of Government Lot 4 and Government Lot 5 to a point; thence South 82° 58' 27" West, 31.85 feet to a point; thence South 82~ 58' 03" west 468.I5 feet to the Northeast corner of Lot 20, Block 4, FORT PIERCB BBACH StBDIVISION, in Section 36, Township 34 South, Range 40 East,_~nd Section l, Township 35 ' South, Range 40 East, as recorded in Plat Book 8, page 29, public records of ~ St. Lucie County, Florida, said Northeast corner being hereinafter referred ~ to as the Point of Beginning. Froin said point of beginning South 82° 58' ~ 03" West, 50.0 feet to the Northwest coYner of said Lot 20, thence North ~ 18° 29' 22" West 39.69 feet to a point on the Westerly line of said Lot 20, extended, thence North 82° 58' 03" Bast 50.0 feet to a point on the Easterly ~ line of said Lot 20, extended; thence South 18° 29• 22~~ East 39.69 feet to ~ the point of beginning, containing 1,984.5 square feet, more or less.-~ ~ ~ 4 ~ togefhar with all and sinpvl~r th~ ltrwn~en», hend'~tamenb and appwt~nces tlnrwMO b~lagi~g w in anywht ~ppatainM~p tMrMO. and all r~nti. Is~w~. pr«eeds and profib ~oauirp and ro ~cuue hom s~id pramisn, all of wh'~ ~rs indvdad N the ~bov~ and forpoi~q d~wlption u~d h~bMdum. TO HAVE AND Tq HQID th~ ~bov~ destribed and yrsnted premi~es unto the saW MORTGAGEE, its wooestors ~nd +ssipra fotwa. Md 1h~ ~Id h10RTCaAGOR for th@lY hein. ~xecvlors, adminatnrors and ~siipro, Mnby oo~v~nu~b wNh the said MORTGAGEE. ib s~rooa~on and ~sipm,. rhar thev aie 1~1~ ~Z~ a~;~ in fK simplr, that th~ aam~ ~n frN, cl~ar and di~charpad from dl INm and ~ncum~ bronces in law or ln eq~?itY, and tM* t Y12Y will and their ~..h.n .,,a d.f.~a +t~. ~rw w~...n,. +o s.~d ~ MORTGAGEE, i1s sucoaso~s and ~ssip~s. fw~ver +pairui tM lawful da6nt ~nd dem~nds of all pKSOroj PROVIDED. AlWAYS ~h~f if tFw MORTGA('sOR shall pay unro ~ MORTCsAGEE fh. prami~+ory nor. her~inb.fw. dav~d and slwll nuy. P?ampt~Y ± and fully perfwm, disdM~e. ~x~aite, comPMte, canP~Y with ard abids bY ~h ~nd twry th~ stipvlatio~a. +yra~rmnts. ca~ditioro and oown+nts of wW ~ promisWry not~ ud of Mh Mortyape, tM+~ ~F~is Nlwtyy~ sod rlw 6rat~ bareby vat~d ~II uaw and b~ rwll and v~oid. IT IS UNDERSTOOD th~t tM word "Mortp+por" whether in th~ siopular or plwal aeywhan in Nds Mort~ap~. ~h+l) M aG+pular lf on~ only ~d shdl be plwal iointy ~rd sewrally ff mon tha+ on~. ~nd th+t tM word "the'v" u uwd ~nywMn in tha Maq~ shall b~ tak~n ro msan "hb." "Iwn:' i or "its." wha~wr tM oont~xt w impli~s or admits. Alw, that whK~wr Men ia ~ refereno~ In tM oovernnn and pr~anenb Iwnin comair»d to any of rhe pvti~s MrNO tM tam~ sh+ll be ooratrued fo me~n a w~ll as tlw Mirs. Isyal npraMtdiws, woussors and assi~m (eitlw vduntary by ~cf of tht parras or involunr+rY bY opa.rpo of *h. Irw) of rh. wne and th.r ihe oov.Mnn I+msin aomair»d sh.ll btnd and rh. b.n.fin and advampa bwr. ro rhe ~iw lwin. Ip+l np~sent~tiva. sucuswn ~nd ~ssqns of th~ puti~s haeta Md said Mort~apors, far tFw~rwlv~s and tMir he&s. I~~ repr~tativ~s, wcc~s~on +nd astip~u, Mr~by iantly and sw~?ally oov~ and pr~t to u~d with Nw s~id MORTGAGEE. its woassas ~nd as~ipro: 1. To pay all ued sinpular th~ p~incipal and ~t~nst ud the varlow ~nd wedry wms d money payabb by virtw of said praniswry nw~, and thi~ mortpap~. ~ach wid ewry. PromPth on tM days r~ap~ttiwly tM tarm srwr~lly b~oon+~ dut. 2. To pay dl u~d ~inpular tM tax~s, ass~ssm~nb. Iwies, li~biliti~s, oblipatiorn and ~na+mbnnas of ~wry rwtun and kied naw on said davib~d P~~h, a tMt Fnreaft~r m~y b~ ir~po~d, auff~nd, d+ced• I~vi~d, a aaessed ther~oe, a tMt IwnafNr may bt Iwi~d a awu~d upa~ this Mortp~ ape, a tM ind~bt~ s~aK~d her~by. Mch and twry, vrlwn dw and p~yabl~. ~ooo~rdinp 10 law, btfw~ they b~can~ delinqwm, ard btfon anp YHra1 att~dws ar ~ny pernhy is inprrredj ANO INSOFAR AS ANY TNEREOF IS OF RKORD ?NE SAME SHAII 6E PROMPriY SATISFIEO AND DISCNARGED OF RKORD AND THE ORIGINAI OFfIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, 7HE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALtY ENDORSED OR CERTIFIED) SHALL bE PLACE~ IN THE HANDS OF SAID MORTGAGEE WtTHIN TEN DAYS NEXT AFTER PAYNIEHf= ~nd in tM ewM tMt any tlw~of ta not paid, tat:sfied ud dischar~ed s+id MORTGAGEE m+y M any time pay ttw same w aeryr part tharwf witla~t w~ivinp or affactinp any option, (ien, puity w ripht w~d~ or by vlrtue of this mortya~ and t!w full amount of each and tvery wch paym~nt ~11 b~ imnediately dw and payabb and ~hall btar int~rat ~rom th~ dat~ tMrwf until paid at r~t~ of nim per untwn p~r anrwm a~d ropetl+N with wd~ intenst sh+ll b~ s~cur~d by Me lian of th:s narytap~. ~ dooK 174 ~~~E 1~~~