HomeMy WebLinkAbout1540 i
,
~ 17'426~
THIS INDENTURE, AA~J~ M~ 24th d,y Janu~rv . ~,p, ~q.1~,g~ aM,~,,,,
li ~ A RBNfALS~ INC. ~ A Florida Corporation
of St. LI~C e Counry Fbrida, hKiuuftK d~sipnaMd as tM "MORTGAGOR," ~nd FIR51 FEDERAI SIIVINGS ANO IOAN
~?SSOCIATION OF fORT PIERCE. • oapor~tioe orpaniz~d snd ~xistinp unda tM laws of th~ Unit~d Sa~~s of Am~rka and h~vinp i1a principai pl~a of
b~sinas in tM City of Fort Pi~rp. S1. lvw Couety. Fbrid~. Mrein~fiK dtsiprwtad as th~ "MORTGACsEE."
WHEREAS IM MORTGAGOR fs kqtly i~d~bt~d to th~ MORTGAGEE in 1M wm of ~ 38 ~ 4Qg ~~O ,~ood ~nd lowfvl ma+~y of the United
Sta»s ~dv~nc~d by tiw MORTGAGEE uoto tM MORiGAGOR. ~s evidenced by a cKtaie promiuory noM of ev~n dats Mnwith, of which ths followinp io
wada ~nd figw~a is • trw copy, to-wit:
~ 38.400.00 r,e 15~ 404
~ P~.. ~;d,. ~Tanuar~~4 19 b9
Fw v~lw ~iwd. 1, vw or ~itF~ of us, prom;se to paY. without d~falcaYan. to the ord~? of FIRST FEDERAL SAVINGS ~AldD LOAN ASSOCIATION OF
FORT PIERCE at Fat PiKa, florid~ the wm of 4~ with interest f~om date ~t tM rate of7~S% par annum, in monthly I~u1~11~
rt+e~n ~s followu ; 351.00 S~}I d,y of Mav ~9 b9 and • filu wm an th~ co?respa~dinp day of Nch month tFwr
after unfil ths vrhole (v fulty p~id.
Each imullment fint shall b~ ~pplied in payment of th~ interest and the~ cn rhe unpaid l»lance of ths pri~?c~p+l wm. If de(~uh is m~ tn fh~
paymeM of u~y i~sqllmcnt when dw, and such defavh continues 30 days, then at the option of the holde~, and withovt any other notice, all the ~smaininp
insrallrnMq shall be due and payabk it a~c~. Priv~le~ a 9iven ro prepaY this not~ in whol~ or in pan~at ~ny tirt?e witi+ouf pen~lry. Neither for~b~arance,
nor atteptu~os by tF?~ holder thereof aftet ~ny defwh in snY paymenq hereon. shall be deemed extensan. A lata paymeot thugt of ~l'7' 55 ~hall b~
added ro each inahllmert ramaininp vnpaid ~ d+ys afier ib dw dats, a~d • like sum sAall be added to tsch wch instaltment rem~inlnp w~paid 7 days aft~t
each sucttadiny paYment data.
- Each maksr. swety and endorser Mreoi, joinNy aod uve~~lly, waives demand, presentme~t protest a~d notice of proteat for na?paymant. ~nd fwtlwr
agrees ro any ~xtension of t~ of payment, either befae a after maturity, without ratice to any of us; and to pay all costs of colkctan, includinp a
reasonsbk attwney's fee in the event of any defautt hereunder, and heraby xve~alty waives all benefit of homestead and exea:ption under the cwafitulion
a~d laws of each Sate of the United States, as syainst this oblipation w a+y extension or ~e~ewal he~eof.
w~m~s ti.~,d .~d a~+i ot ~ P+mr• H b A RSPTrALS. INC.
By: s/s John P. Hoke, President ~j
Co~rporate Seal Affixed ~
Attest: ~s Fred F. Adams~ Secretarv ~
c 57 - ~ ) Srat~ Revenw ~l)
(Sramp~ c,rr~o~ltsd on aipirwl rats) • ; ~
1 ~
rww, THEREFORE, the MORTGAGOR for the purpos~ of securi 38 400.00 ..,,d tt~e ~.to.~~. ot +i+.
covenanb and reemcnb here'uWfter exprested, and for divers WYmeM of said sum of ~ ~
yood u~d valwbk c«aider~Y~wu by thes~ presen», doea. ~~ant. b+~yair?; sell, nmis~,
release. eoewy and tonfirm unto tM MORTGAGEE, its waeswn and auigns, all th~t cert~in lot, piep or parcel of tand, sitvsM. tpina. and b~inp in fh~
County o# G t. L uC 1 e ,~nd Stat~ of Fbrid~, deacril~d ~s fotlowu ' .
r
i
Lats 5~ 6~ 7~ 8 of H b A RENTALS SUBDIVISION,
as per plat thereof on file in Plat Book 14,
Page 20 of the public records of St. Lucie
County~ Florida,
~d
~~p = • IN PA:'~16YT OF TAXES
DUE ON CIJ~SS 'C INTAPlGIBLE PER~ti,ll. PT.OPEAiY~
_ _ Pl::d.:AH~ :0 CtNPT=R 20725. A.^•iS OF 1941.
w t/~?1 L U~-: A P•06-R POQ:,~, Ctietk C"trtu:t Court
v~ DOCUMENtA!?`•_ SiAi~IP TAi( ~S ?I~,?;t i~t C,SHI~~L I'L !(~tOWIES, JR
-
j = JAN29'69 z~_.i-~ $t LIICI~ CC14 t{ TiR CO~CCtOf
= . ~~y~~ 57s_o_
r -
Nl V CCNPTAGILER ~ ~
nR, ~~~~?g ^p''~_~"_'"" DERITII GF.RK
top~th~r with ~II ~nd sirgubr tM hi+amants, hereditsn+a?ts and appurtanc~s tMraw+to b~laginp a in ~nywi~ appertaininp tFMr~to, u~d dl rMts, is~ws.
proce~ds and prof~ts accruinp a~d to accrw hom said premisea, all of whid~ are includeJ in th~ abov~ and fonpoinp dewiption ~nd hsb~ndun~.
TO HAVE AND TO HOID tM ~bow deur~sd ~+d qrant~d premis~s unto th~ said MORTGAGEE, ib wae~sort ~nd +stipm fo?twa And t!~ iald
MORTGASOR fw it3 fwin. ~xecvron, dmirrttratas and suipns. hereby covrnants with the said MpRiGAGEE, 1» wa~swn atK! Ns{~m,
rhat lt 15 lawful~y arized of rhe ~aid psmisa in tN simpl~: that tht s~ are hM cl~ar and di~clwy~d from all li~ns and ~ncw~r
b~anus Jn I~w w in pvity, and tha~ lt wiU and itS Min shall warrsnt and d~f~nd th~ titb b tM sarn~ b Nw s~id
MORTGAGEE, in arcassors and assipns, Ior~ver ayairur rh~ lawful clainu and demands of all p~nonas
PROVIDED. ALWAYS Myt if tM MORTGAGOR ~II p~y unto tIK MORTGAGEE tlw promiuay nw~ Mrw~befa~ daaibd and shdl fruh, proinptiy
~nd (vliy pKfwny di~dwryt. ~~e~cvt~, compl~r~, cornplY with a~d ~bitle b~r ~ach ~nd ~vsry the sfipulatioru apr~nb„ caditiom aed cav~nM of said
arombswr not~ and of Mis IlAorqap~. tl~+ tha IiAonyp~ and tM Est~r~ Mnby wat~d ~haU aaw ~nd b~ ~ull u+d wid.
IT IS UNOERSTOOD tMt tlw word "Matpapor' wFwtiwr in tF» ~inpular w plwd a~ryrvvl~er~ in ti~ia Mwt sh~ll b~
shalt b~ plwd iointly and ~tvarallr if mw~ than a», and that tl~ wwd "thf'a" ~s wed ~nywMr~ in th~ sinpular H on~ only ~nd
o? 'it~." wlwrwr th~ oomext io impliws or admi». Alw, tFwt wharwer tha~ is ~ nf~renc~ in tlw covNw+M and sh~ll b~ f~k~n ro mean "hb„" "Mn„"
« ~pn~nwMS I+a~in oo~a~M+~d to ~ryr oi
tF» pKtia Fw~?o. tM sw~e ihall b~ ca+snwd b n~an as vwll a tM hein. Ip~l npr~s~ntativ+i. wcus~o~s and ~ssi~ (~ith~? votvnt~ry b~? ~d of th~
pa~tt~s or i~wolunt~rY b1~ opa~tion of Nr bw) of t!» srM and tfiat tM coven~nta ha~ia coMiNwd sMll bind and Nn b~firi ~nd ~dv~mapu hw~
ro th~ tMp~ctivr h~in, bpd r~pra~autiws, wa~uon and ai~ns of tM p~rtia MrNa
And s~W Mwq~por~, for tF~ha ~+d Meir lwirti Ip+~ nPns~ntativas, wcaswn ~nd asiqns. hK~b'1~ I~~Y and MvMally aovNwM ~nd ap~~e
to N+d with tM said AAORTGAGEE, its wc~o~sson ~nd asipnss
1. To pay d! ~nd sL~pvl~r tht printipd aad bt~raat ~nd th~ rrian and suewlry sum~ d mon~y p~r~ by virtue of qid pranistory iwN. a~d fF~
~+wrqp~. ~a!? and w~r. P«+P~h d+ri ~~~h? ~ san~ s~wr~ty b~ooi+N dw.
Z TO Pty ~II M~ ~ie1~1~1M fh! t~l[M. MM~M~MMf. If~?M~ N~bilitiq. ObliQifiO~M Mfd MKYn~M10M Of ~M~ry MhK~ Nfd kL1d ~10N1 011 Nid fJNOIMd
p.opMtq, a M~a M..aha nur b~ :npowd «+H~nd, vlao~d~ Iwi.d. or a.wn~d N±...on, o? ~In~ h~.e~far w~ay a Iwi~d w ~~»d vpon thir Ma1~
a tl» bd~adr»w wow~d Iw~by. ~ad+ ~nd wK~, wA~n dw and p~r~bb. ~a,o.dirq a I~w, b~fon eMY b~eon~ dNinq~r~a, and bdw~ anp inhera
•naehh a aeqr p~n~lty i~ inev?nd; ANp INSOFAR AS ANI/ THEREOf IS Of RKOR~ TME SA!{AE SHAIt ~E IRpA/.PTIY SAi15ftED Ilt~ DISCFtARGfD QF
RKORp ANp TME QRIGINAI OfFK1A1 pOCW11ENT (SUC1~ ASi, fQR INSTANCE, TFIE TAX RECEIPI OR 1HE SATISF/1CTION p/1?ER QFfK1AltY Et~ORSEC
OR tERTIi1ED) SNAIt ~E rl/1CEG IN TNE MANpS Of y1tQ lNORTG/1GEE WIiMIN TEN DAYS NEXi AfTER PAYlMEN?; snd in the ~wM 1hN ~r tlwr~ol Is no1
W~d. sat'sfi~ ~nd d"acAa~d s~:d JMORTGAGfE nwy ~t ~ny t:nw pay tM ~+r a~nY W~'t ths~sol wiri+o„t wa;v~ o~ ifhcY
~^4 M+Y +^1~ oW~on, li~, puiy a
•:pht vnda w bp virlw ol N~ enorty~ and tht firu ~mawr o1 satf? and ~very wcA paym~nt sMll b~ irro+~d+~tely dw ~nd WY~ ~nd sAdl bM~ inN?Nt
~•an th~ dN~ thM~of until pa«d ~t .~h of e+n~ PM c~+eu~ PN ~(+d N~ w~th wcfi intaest ~Fult b~ wcw~d br tM lien d N?:a w~w9tp~.
d00K 'rAGt ~~3~ '
~ " ~ ~ _ _ . . . - - _ _ _ . _ _ _ - - ~
. ~