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HomeMy WebLinkAbout2167 f~ ~ 3 THIS INDENTURE. IWd~ e1~. bth ~Y ~ 'R~bruaty t~._ 1~~~9 bg b.nN.«+ Claud~ H. Coabs and i.ouis~ L. Coabs, his wif• of St •~CiO Cp~h p~~, ~~y~K ~q~MNd ~ tl+~ «µpRTGAGOR." ~nd fIRST FEDERAI SAVINGS AND lO/lN /?SSOCtAT10N Of fORT PIfRCE. a oorpaa~ian ayani~d and ~xistinp w~dN tlr~ law~ of th~ Uoitd Sbtu of Am~rlu ~nd Mvinp iri principa) plaa of busin~u tn th~ Gty of fo~t Pi~ra. St. luci~ Cou~ty. Flwid+. iw~inifttr dKipn~t~d a tM °MORTGIIGEE." WHEREAS 1M MORTGJIGOR h s • ~ justiy ind~bad w 1Fw MORTGAGEE in th~ sven of = lO ZSO OO ~ Iawful ma+~y of the !lnited St~ta ~dvae+ad by th~ MOQTGAGEE unto ih~ NWRTGAGOR, as ~vid~rrcsd by a oMa~ promis~wy nots of eren data Fw~ewith, of wh~ch th~ foilowirg in ~,o.d.10,t~ra. ~ nw co~r. to,Ntt: . i ~ 15, 437 ~ + + , , ~ ~ P~ Febzuuy 6 1969 Fw valw rectiwd, 1, vw a~ithu of u~, promise ro , without d~falution. to th~ order of ftQST fEOERAt SAVINGS M7D IOAN ASSOCiAIlON OF ~ FORT PIERCE at Fwt PiKa. Florid~. tM wm of = l~~ ~ with intKat from d~M ar ths rats of7• ~596 per ~nnwn, in monthly irutsll- ~ rr~nts as foilows: 88. ~0 ~ iM Sth ~y of April ~9 69 and a Gke aum on tM oorre~por?dinp day of each month tMrr after w~til the whol~ b~ fvlly paid. ~ Each in~tallment fint shalf bs applied in p~ymenl of tM interest and then on tM unpa~d balance of the princip~i wm. If default is m~de in ths + paYment of ~~y i~allma?t wheri. dw. and wch defauh cwninues 30 days, then ~t the option of the holder, and wFthout any other »otice, all the remaininp ~nstallm~nb shail b~ dw and payablt ~t w~ca Privil~ is piwn to pr~Y this not~ in whok a in psrt at any tims without pen~lry. Ne 4her~grebeuana, rwr aa~phna by the ho1dK thereof aher any defsuh in anY p~rmenri hereon, shail b~ dcemed eztension, A lats payment ch~rg~ of i ' V ~MII b~ added ro tach installmsnt remaininy unpaid i d~ys afttt ifs dw d+t~, and • li4s wm shall be added ro each such instalGnent ~emaini~ unpaid 7 days ahq each avcotediny P+YrnMf d~ls. Each maka, sw~ry u~d endorsen c~reof, jointly and sever~lly, waiws demand, presentment protest ~nd eatice of protest fw nonpayment, ~nd fwthar ag~ees to any eatension of t~me of payment, eitMr befw~ or aftsr m~twity, without not~ce to any of ~s; and to pay all costs of coilectan, includ7na a r_awn~bk snome~'s fe~ in tM event of soy default hereunder, a+d hereby sevcrally waives all benefit of homestead and exemption under the conatitution and laws of eich Stats of tM United States, as agairot this obiipatan. or any ezt~naion a renewal hereof. ~mea the hand sad sesl of esch psrty. /s/ Claude H. Conbs s Lou se L. Coabs ~ (5E/?U ~ 15.45 ) Rewew ~ (Stamq wrctibd on oripin~) nots) NOW, THEREfORE, th~ MORTGJIGOR tor ths purpose of s~curirg piymem of aaid swn ef ~ 1 O, 250 t~ pafwmaow of th~ cov~nanb and a~ncm~nq hertinaher ~xpcssed. ~nd fw divers 9ood and v~iwbl~ consideratw~s, by these presennts, does yrant, bary~in, seil. remise, reieas~, oonwy and oonfi?m unw the N10RTGAGEE, its waeswn u~d assipns. ~11 th~t uruin lof, pi~p or paroel of land, situst~. IYing. and beirg in tfw can?ty of St . Lucie .na sr.r. of fb.id.. a..«ib.d rd~ows: } ~ ?he West of Lot 15 and all of Lot 16, Block 8, i MARAVILLA PLAZA SUBDNISION, sccording to the plat ~ recorded in Plat Baok 5, page 44, of the Public ~ Records of St. Lucie County, Rlorida,~ v RECENfD Z~~~ IN PJ1YM E~ 1T Of TAXES DJE I}N CU:~-S 'C INI!1K*.-!BlE ."f.:'.SCi{P.L P:?0?ERilf. ' Pli~cS.ruii :0 CtW?;~P, 2:.'7%d, AS:S G~ I."i-!i. ~7'A~1~-t ~F~ LU~tI!]A e~~-~ ~ci~t,~s, cce:k wreu:c ce~~t i~ bOi~MENTAo SfAMP T~17( r ~ - fE611'69 Y = as Ager.t i~t C~Ni~l N. KtrO~lt~S. 1R ~ = I 5 4 5= ~ W~E Cour,ty Tax Coliector N COMPTROI,LER P.B.190138 ~ gy ~ . u~utr ca.Ex~c ro9etlwr with all ~nd sinpulu tM tanemant~, hereditamsnts and ~ppwtaerces tl~xao b~lagug a in anywise ~pp~rtsininp tFnr~fo, ae~d all rants. hsws. Proceda snd profits aoauirg and to xuw from wW pr~miw~, dl of whk,fi ~re inci~idM! in tM ~bov~ and forparg dycription and h+bK~duea TO HAVE ANDLh~1r the ~bow daaibd and ~rsnted p~ani~s urMO the said MORTGAGE~ Ft~ waeaws and sstipns forew~. Md th~ Mid MORTG~ for htin, txecvton, administraton and assiQru, he?sby covsrw+ls with th~ said MORTGAGEE, its woteswrs and as~ipeN„ rhat ""gy ~e larvfuNy sei:ed of th~ iaid pr~mi~a in fu simpl~~ that th~ wn~ m fr~, dea? and d'acl?~rp~d fran dl li~ns and ~rkvn~ b.anw tn !aw w tn .qvity, .nd rh.* they wili .od the ir hein aha~~ ws?raM and d.feed th. rit~• a 1h. s«M a th. tatd lMORTGAGEE, its wooasort and asipm, forwar spaG~s: th~ lawful dairru ~nd d~ of ~II pxsorns PROVIGED. ALWAYS tMt ff th~ MORTGAGOR ahail piy unto th~ MORTGAGfE tM promissory eote Mreinbefor~ dexribed and shall truh. Pre^~~Y •~d fuUY PKfw+q. dadwrye tx~cvre, t+ornplNe, oompiy wirh and ~bid~ by ~sd~ ~nd wKy th~ stipubtions. +praem~nri, conditaro uxl covst+~MS of Nid wom~ssory noa .nd of eha Mwqap.. ~1Kn rhb N1wt~ap. .nd ~h. Esar. haeby aeatd ~hall cea~ and b~ null «d wd. t IT IS UNDERSTO00 Nwt tFw word "Mort~~por' whetF~et in t!M sitgvlsr w pkKSl anyvvl+ar~ in Nws Mortyayt, sh~ll b~ sirgulat if o~q atly tnd •i+~ll b~ P~+~ i~h ~nd serr~aily if mot~ rhan on~, and tFwt ti+~ word "t1~' u used a~ywlrrt in this AAwt~ap~ sl+all b~ tak~n fo en~an "i?i~„" "Mn,•• w"Hs." wh~rewr tM aa+t~xt w implia a ~dmin. Alw, tlwt wherewr th~n b~ r~f~rN+a in tM covenants and pr~emems henin ooM~irnd to any of th~ partia M?+ta~ th~ sanK ~It b~ aorutn+~d to m~an ~s weli as N~e hein. Ipal npnsent+tivas, woaswn and ~ui~ro (titber vdwna?y bp ad of th~ p+?tia a fnvdvnt~rY M op~ntion of tM law) of th~ swm and Mat the ~nts Mnin oomained slwll bind ~nd tht b~nefiM and advaMap» inur~ to tM rapKtiw hei~s. Mpal rep~es~taNws, woc~sson and m~ns of tM p+rtea h~reto. Md said Mortppon, fo? tFNna~iws ~nd tMir h~in. bp+l nprn~ntativa. woassars and assipns, iw~by jointly and wv~r~llr cov~Mnt ~nd ~~e ro rnd with tM wd MORiCAGEE, its waawrs and assipn~; 1. ro pay aN and skgular t!r principal and int~rep and th~ variow ~nd ~undry wms of rnon~y pay~We by vktw of wd pomis~orr nob, and thM morfyap~, wd~ and ~y. p~wnptip on th~ d+ri rppKt^relY th~ ~sn~ a~wraU~? b~oon~ dw. 4. To pry ~Q and ~inpvlr tM tsxa. asaan~na. bviN. IiabilNin. ob~ipatiom and ~na~nbnnas d rwry n~tun aed kkd now on s+td d~wib~d wopwty, a Mwt M.Nfnr nwr b~ ienpowd, wffend pi+esd. b+?i~d, o. aaas~d tiM.~o~, or th.r h~nafn. may b~ I~viad a.ss~swd upon thts /Mort~ a~, a tiw i~+drbadn~a ~~d h~nby. ~ch ~nd ~wry, wMn dw ~nd p~y~ble. ~ooord'irg w law. btfon tMy b~can~ ddinqwm, and belwt anp M~N?a~ +tracMs a aipr p~nahy i~ inc~rred: ANp INSpfAR AS AP/Y THEREOf tS OF RECORC THF S~AME SHAl~ aE PRpMpiLY SAiiSF1ED AlVD D13CHA~GEO Of RECORD ANp THE ORIGINAL pFFK1At OOCUINEHT (St1CH AS, FOR INST/1tdCE, THE TAX RECEIPI OR THE SJ?TISfACTiON PAPER OffICIAl1Y ENDORSED OR CERi1F1E0) SMAII !E PIACE~ IN TME HANpS pF y?ID 1Y10RTG/1GEE WITHIN TEN DAYS NEXT AFTER YAYMENT; ~ i1~ tlf! lvMt flMf My IAM~O/ ~ 1101 wid, sat:sfi~d snd d'adw~d ra;d MWtTGAGEE m~y at ar~y tfen~ p~y the swn~ « ~ny part tl~~of w;tFiout wi ' or affscY •iqM ur~dn or by virh+t oi thia mortpape and the fvll amount of e~ch and we~y wth payment ~II bt inrned+at~ t~dire ~nd ~+~Y ~W~• lien. puitl? a? hoen th~ daN thKwf until ~Y WY~bI~ ud sMll b~x htK~ paid at r~r~ of nine per untwn pK ~~wwm and erlw~ w~th wch inans~ ~hatl b~ sscwed by the l:en of th:s mor~tap~. ~ ~~~75 ~~~f2'164 : . . _ - _ _ _ - ~ ~