HomeMy WebLinkAbout2795 ` : ~ ~ ~ ~ ~ " ' ` -l'73Q9~
THIS INDENTURE. M~d~ th~ 19tb d~y of D@C@mhe~' . A.D. 19 68 • betwNn
Rayapnd Ka?nQ and Mabel Kane. his wi~e ~
of SL• LLIC~@ ~My Florida, M?ein+ffa d~sipn+ted ~s tM "MORTGAGOR,' snd FIRST FEDERAL SAVINGS AND LOAN
ASSpC1AT10N OF FORT PIERCE, aapaation orp~niud ~~d ~xistir+p u~ 1M laws of ths United St~t~s of Ame~ica and havinp ib pri~cipal pl~a of
busirwss in tFw Ciry of Fwf PiKCe, SI. luci~ Covnty. Florkls, Mrtinafttr d~iipnatsd as tFa "MORTGACaEE."
WHEREAS tM MORTGAGOR b justly ind~bted to tM MORTGAGEE in the sum of good and lawful maeey of the Unlted
Statet ~dv~nced by the MORTGAGEE unto ths MORTGAGOR, a: evide~ced by_ ~ certain promissory note of even date herewith, of which ths foilowinp in
wada and fi~urp is a trv~ copy, to-wit:
5~~ ~ ~ 15,341
_ ~ ' Deceaber 19 ~9~it$
fat Piern. Florlda,
For valus received, I, we or eitha of us, promiia to pay, witheut defalcation, to the orda of FIRST FEDERAI SAVINGS AND LOAN A5SOCIATION Of
fORT PIERCE at Fort Pierce, Florida, the sum of = 5~~~'~ with interest from date at the rate o7 •25 % per ann~m, i~ rnonthlY insroll.
ments ss follows: f 53'~ ~,~5th ~y of February ~q~Q a like svm a? tM correspa~dinp day of oach month the+r
afte? vntil the whole be fully paid.
Each installment fint shall be applied in paymer+t of the interest and then on the unpsid balance of the p~irxipal sum. If default is made in the
payment of ~ny installment when dw, and wch defauh tontinues 30 day~, then at the option of the holder, and without any other notice, sll the ~emsininp
installrt~ts ahall be due and p+yable at once. Privileg~ is given ro prep+y this note in whole or in part at any time without penalty. Neither forebear+nce,
nor acceptsnce by the holder thereof afte? any default in sny payments hereon, shall be deemed exteniron. A late payment charge of S 2•65 sh~ll bs
added to each installment remaininp ~npaid 7 days after ib dw date, and a like :um shall be added to euh auch installment remaining vnpaid 7 days sfter
each wccceding payment date.
Euh maker, surety and endwsa hereof, joiMly and severally, waives demand, presentmeM protest and notice of protest fw nonpayment, and funher
agrees ro u~y exte~sion of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includirg ~
reasonable attorney's fee in the event of any default he~eunder, and hereby severally waives all benefit of homestead and exemption under the constitutan
and laws of each State of the United States, as agsinst this obligation or any extensio~ or renewal hereof.
Witness the hand and se~l of esch party.
/s/ Rayaond Kane ~q
cs~?u
s Mabel Kane ~U
(sE~U
( 7 ~ ~ ~ State Revenue
(St~mpa tantelkd on oriyinal note)
NOW, THEltEFORE, the MORTGAGOR for the purpose of secvring p~yment of said wm of S 5~~~ , and tMe performancs of ths
covenanri and agreements hereinafter expressed, and for divers yood ~nd valwbk considerations, by these presenri, does grant, bargsin, ull, remise,
release, oonvey and confirm unto the MORTGAGEE, iri successors ~nd suigns, all tFwt cehain bt, piece or putel of land, situate, lying, end beinp in tha
County of St. LLIC1@ ~nd State of Fbrid~, described es follows:
Lot 13~ Block 1~ SABAL PALM S[BDIVISION,
as per plat thereof on f ile in Pla?t Book
10, Page 16, of the Public Records of
St. Lucie County, Florida, ~
~ _ RECENED = . Q D IN PAYMEM Of ?IIXES
'C INTANGIBLE PER90kAl PROPERiY.
ti j
~ ,~r.-- ~ i:,.%~ •t p~~~OpNT 07 CHAPTER 20124. ACTS Of 1941.
u~ t" ~ CH'-
~ 1/-i i r_ p•'--~~T?>MP.~--- ~
s. RCGER POIIRAS. Clerk Cirwit Court
r D~C ~Et,?P<-,:. :
7 z ~~,E,2o~68 f<~,;'_=~-:~' ~ 7~'J " as ASer~t for CUR:IS M. JAMES
~ ' Tax Collector
lz14~ St lucie Cou
J 7 ~
~ r
~ ~ 7~~~~,~R ~ o~~,~.~~-.~
~ U Cvj1,1 ~g~s?q ~
p o~eun? c~
togetMr with all and sing~lar the tenerne~n, hereditsments and sppurtsnces tMreunto belonginy or in anywi~ appert+inir~ thersw, ~nd all rents, issws
proceeds u~d profits acwing and to ~ccwe from said premaes. ~II of which ae iacluded in the above and for~yoirg daaiption and Mbendum. ~
,
TO HAVE AND TO HOID the above described and yr~nted pemises unto the aid MORTGAGEE, its waesaors and auiqns forevK. Md th~ s~id F
MORTGAGOR fw t~lY hein, execvton, sdministrston ~nd ~uigns, hereby coven~nb with tM said MORTGAGEE, its waessors ~nd atsiq% _
that t~Y ~@ lawfully seized of ths aid premises in fee simple: tMt tM ssme ue fr~e, clear ~nd discharyed from all liero and ~ncum~ !
bnnces in law or in equity, and tFw* thev will and t~~ hein ahsll w~rrsnt and defend tM titb to the sam~ to tM wid ~
MORTCsACaEE, ib s~ccessors uK! suiyrn, forever aysi~st the lawfvl claims s~d demands of ~II persa~s;
PROVIDED, ALWAYS thst if the MORTGAGOR shsll pay unto the h{ORTGAGEE tM promiswry note hereinbefae dewibed u~d sh+ll truly, promptly
~ and fully perform, dixh+rpe, execvte, complete, tomply with and ~bide by eath and every the stiptdatiom, ~Qreemenb, conditions ud toven~nb of Nid
~ promwwry not~ ~nd of this Mortgspe, then this Mortgaye ~~d the Estate hereby cr~ated shall u~ss and b~ rwll ~nd wid.
IT IS UNDERSTOOD thN the word "Mortyspor" whether in the sirgular or plwsl anywhere in tb~s Mwty+ye, sh+ll be sinpular if on~ only ud ~
shall be plur~l jointly and severslly if mor~ than ons, and thst the word "their" ~s used snywhers in tha Mon9+ye shall be taken to m~a~ "his;' "iKn,"
w"iri:' wherever the context w implies w admits. Also, that wherever ther~ is a reference in the coven~nri and apreements herein containad to any of
rh~ puties hereto, th~ same shall be construed to nn~~n as well +s tF~e hein, kysf r~presenhtives, waeswrs and au'spns (either voluntary by act of tM
p~rtiq w involw?tary by operation of the law) of the sams and that the covenanb herein contsined sh+ll bind and tM be~efin a~d adv~ntapes inw~
to tM r~spective hein, byal represent~tives, waesw~s and sss'yns of th~ parties hereto.
Md said Mortyayors, fot thams~lws and their Min, 1e9a1 rtpresematives, succesian a~d auiyru, F~ereby jointly and seve?slly covenant and apr~e ~
to and with th~ ~id MORTGAGEE, its successon and auig~s:
1. To pay ~II and ungvlar th~ princip~l ~nd interest and the varian and wndry wms of moneY paYable by virtw of s~id promiswry rat~. ~nd this
mortpap~. ~acF~ uid wery, promptly on tM days respMiv~ly tM same stverally becam due.
2 To pay dl ~nd ~inpvla tM t~xes. ~ssessm~ots. Isvi~s. IiabiliYies, oblipatio~s ~nd encwnbrances of every n+ture and kind now on said d~wib~d ~
Prope~tY, or that he~~aher m~y b~ irnpossd. suffared. p~aced, levkd, a sssessed thereon, w thst h~reaRN may i» Ievlsd a asiessed upon this Morq- 1
a9e, or tM ind~bt~dnsas tecvred hereby, e~ch u~d way, wMn dw ~nd p~y~bl~. ~awrdirg to bw, before they becane delinquent, and b~fon arty tMa~s~
attad+es or amr penalty is intwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII SE PROMPTLY SATISFIED AND DISCHARGED OF
RKOR~ AND THE ORIGINAL OFFICIAt DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR ?HE SATISfACTION PMER OFFICIALLY ENDORSE~
OR CERTIFIED) SHAII 8E PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eve~t th~t ~ny tF~~of is not
psid, tat'sfied snd discharged seid MORTGAGEE may ~t any time p~y tM same or any part tixreof witF~ovt wsivi~+g a affectirg u+y opYron, lien, et~ity o~
~ •ipht ~nder or by virtue of this mort9age snd the futl amount of eath ~nd every wch payment shsll be immediately di?e and payabk a~d shall b~ar interest
from the date thereof vntil psid at rate of nine per centum pe~ an~vm and to~ethe~ with sucF~ interest shall be secured by the lien of th:s morpt~pe. ;
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