HomeMy WebLinkAbout0161 t ~'~921S
THIS INDEI+lTURb M.d. ~h• gtli ~y ~ Mav R;p, 19
69
. John F. Doaavsn, Jr. aad Lois C. Douovsa, bis wif~
of -St. Luci~ Gounty Florid~. I+K~iMhp d~si~eated +i tM "MORTGAGOR," snd FIRST fEDERAL SAVINGS AND IOAN
ASSOClAiION OF FORt PIERCE, • wryaation o~nisad ~nd ~xatinp +x~ tM la.vs of tM UnEted Sat~s of Am~ric~ ~nd Mvinp in principal pl~u of
~ busir~ss in th~ Gty of fort Piac~. St. luci~ County. Florida, Mnin~fta destpnat~d u ths "MORTGAGEE."
~ WNEREAS tM MORTGAGOR is jwtly ind~bt~d 1o th~ MWtTC,AGEE in ths wm of ~ 23.s Z~ pood and lawful monsy of the United
~ Stata sdvanced by tM MORTGAGEE ~nto the MORTGAGOR, as ~vidancsd by ~ cata+n p~omisso~y noie of even date henwitly of which tM followirg in
wwds and fi~wes is ~ trw copy, to-wit:
o ~ 23,100.00 15,653
~ • . ~ P~,. ~«b,, Mav 8 19 69
Fw valus received. 1, we w either of us, promise ro pay, without defalutia~, to the order of flRa: FEOERAL SAYINCS AND LOM! ASSOCIAtlON OF
FORT PIERCE at Forf Piercs. Florid~, the sum of = 23 ~ l~ with interett irom date at the rate of 7~ 2~6 pty ann.my in monthly ir?stall-
ments ei follows: ~ 183 on ths 5~ day of S@~t@~8r 19 69 and a like sum on the cwraponding day of each month then-
L afttr unti! tFa whole bs fully paid.
~
ti. Each insta!lmeM tirst thall be +pplied in payment of thtr iMerett snd then on the unpaid balance of the princ~psl sum. If defsult is msde in ths
1~ paymeM of a~y instailment when due, and such default conti~ues 30 days, then at the optioe of the holder, and without any other notice, aU the remain'u+y
Instaitmenn shaM be due ar~d payable at once. P~ivile~e is given to prepiy this note in whole or in part st any time without penalty. Neither forebearuxe,
nor acceptsncs by the holda thereof aftet any defauh in soy p~yments hereon, shall be dee+++ed extansion. A late payment ch~rge of ~ 9~ 15 shall be
~ added to each installment remainirg unpa~d 7 d•ys afr.r in due da~•, and a like wm shatl be sdded to each such insrallment remaining unpsid 7 days after
each sutr~eding paYrtKnf date.
Each maker, swety and endorser hereof, jantly and severally, waives demand, preser~tmeM protest and notice of protest for nonpayment. and fuAher
agrees to any extension of time of payment, either before o? after maturiry, without notice te any of us; and to pay alt costs of collecrion, includirig a
;s reasonabk attwney's fee in the event of any defauh herevnder, and hereby severally waives all Ixnefit of homestea and ezemption u~der the constitution
~ and laws of eac~ State of the United States, as agaimt 1l~is obliyetion o? any extens~on or rcnewal eof.
~ Witness the hand and sesl of each party. •~/1
~
~ n ~
\ ~
~ L~+is C: Dor~van ~
~ r 34.65 - ~U
~ ) Stafe R~venva
~ (Stsmps c~ncelkd a+ oripioa) oote) • -
NOW, THEREFORE, the MORTGAGOR fw the purpo~e of secvrtng payment of uid svm of t 23a1~•~ ~nd the performa~c.e af tM
covenanb and ayreemenfs hereinafta expressed, and for dven ~ood and wlwble consideralioru, by these preserin, does g:ant, barga~n, sell. rem~se,
release, convsy snd confirm uMO the MORTGAGEE. its waessors and ~uigns, dl that certaio bt, piece or parce! of tand, sitva% IYing, and beinp in the
Counly of $t • i'UCi@ and Stat~ of ftorida, described :s followt:
I.ot 7, Block 158, SOUTH PORT ST. LUCIB, i~IIT 7,
as per plat thereof on file in Plat Book 14,
Pags 24, of the Public Records of St. Lucie
County, Florida, ~
~n~opA~~_1 ~ IN ~A~!~~~'h oF t~
DUE ON 'C INTANGIBIE FERSCyAL pRppEgTll~
W f i~ L.~ i-i ~li;S::ANT if: Ci'.iiPi=P, ZJIY4. ACiS OF 1941.
c.i E.~".,_ DGCU?•iEtvTi~^•'_',;1;~; l:~Y ~6~f P01:1',AS, Clerk Circuit Court
~ ~ .~utt_6~6q % ~ ; - - _ _ ~ agent for DANIEL N. KNOWLES~ 1R
~ ~ = _ 4 6 5= ~a ~ c~~,~, T~ c~~~
N C'OM?TRGLLEQ~` '
~~.lcnt33
~N ~
, tc?gethe~ w~th •1) snd singvlar tl+~ te~nts, hareditam~nn ~nd ~p{wrqrous tMrwoto belagieg or in anywise appsrtaininp tMre% and ~11 rer?», issws,
proc~ and profin scvuirg s~d w ~ccrw from said pr~mis~s. all of wFi~t!? are ind~ded in tht ~bov~ and toreyany d~scription and l~ab~ndwn.
TO HAVE AND 70 HOLD th~ ~bow describ~d and ~anted prsmisa unto tM uid MORTGAt'sEF, ib suoce~son and auipns for~vK. Md th~ s~id
MORTGAGpR for ~@ir F~tin. ~:ec~tors, sdminittrrton +nd aaipru, hereby coven~nts witM th~ said MORTGAGEE, its sucusw~s and ~s~ipns„
t~l@Y ~AI@ ~~~Iy seizsd of th~ asid'p~s in fa simptr, that tlw aarn~ u~ fra, clear W+d d'acl~a~~d from ~11 liens and ~ncw~?
b.ances in !aw or in equity, and tMs~ ~@y will ~nd t~'iY heir; shall wsrrant and d~fend tM titl~ fo tM sam~ to the saW
MORiGAGEE, in a~cceuws and auipns, for~wr apainst the lawful d~ims u+d d~manda of all persor~;
PROVIDED, ALWAYS tMt if th~ lNORTCaAGOR sh~ll p~y unto th~ MORTG/1GEE th~ promis~ory not~ her~inbefore d~wibed and ~hall truly, prompth
and fully pKfwm, discMrye, e:ecvt~. ~ompl~t~, comply with ~nd abid~ by each +nd w~ry ttK stipulations, ayrcamenn, conditiaa ~nd oovenants of s~id
promis~ory not~ and of this Mortpspe, tMn this Morty~ and tM Est~t~ hereby awt~d ahafl ceas~ and b~ rwll and void.
IT IS UNDERSTOOD th~t the wwd "Mwtyayor' wh~ther in tiy sinyulu a plw~l anywher~ in this Mortyaye, shall be sinpulu if on~ only ~nd
ihall b~ plur~l jointly and s~ver~fly if mon than on~. ~nd rh~t th~ vrord "their" as v~ed anyvvF~ers In this Mortpaye alull b~ taken to rntan ••ha,•• ••hen~ •
o~ "ib," wherwK the com~xt so impli~s w admits. Abo, that wherevK there is ~ ref~renoe in th~ coven~nn and s~ee?nMb Mnin co~tair»d to ~r of
rM putiws h~.~to, th~ sanw ahall b~ constrwd w m~an a vwll as the h~irs. Ipal npresentatives, wa~sson and asgm (~FtMr volumuy by act of th~
psrti~s or involuntary by op~ration of fba law) o~ th~ sanw and that tM coven~nn her~in conlai+~ed shall bind and th~ barnfib w+d adv~ntsp~s inun
to th~ nspectiv~ Mira. Ipal repres~ntatiws wocss~ors ~nd pi~ns of th~ p~rtiea ha~to.
And taid Mort9apas. fo? them~etves and tMir h~in, bp+~ rpr~seet~Y~ws, succason ~nd assgns. Mreby jointly e~nd ssvaafty covenam ~nd apr~s
ro and with th~ ~ad MORTG/IGfE. its woceasaa ud naipry:
1. To pay all and sirgviar th~ piu~cipd u~d inNr~st and tlw vuiow and wndry wms of mon~y p~Yable by virtw of iaid promiiwry rwM, a~d thh
mort~+p~. ach a+w! ~wry. Wo+npHY e^ th~ d~y~ ?e~P~aiwlr tlw sanw swerally bacom~ dw.
Z. To pry dl and w~pular the t~xe~, ~asa~snwots, Iwi~a, li~bilitws, oblipatiau Mld fIK.1Nh~afKlt Of fVltr MhM~ N1d ICI~f(I now on uid dauibd
P~~b. a tha~ hsreafar rnay b~ inpw~d, wff+red. P~+ad 1~vi~d, o+ »wsNd N~rspy o~ th~t hereafter may b~ kvi~d or ~s~ess~d upon thi~ Morp-
+~e, or tM ~drna tecvnd hK~bY. ~ad~ ~+d ~wry, w1~ dw and WYable. ~otordinp to law, b~fon thty b~can~ dslinqwm, and b~iort ~ny htK~at
attache~ w sny psnalty b incwred; ANp INSOFAR AS ANY THEREOf !S Of RKOR~ THf SAIME SHAU 8F PROMPTLY SA~ISfIFD AN~ DISCHARGEO OF
RfCORD AND TNE ORICsINAI OFfIC1Al DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PMER OFFIC1AlLY ENOORSED
OR CERTIFIED) S?Ull 6E PIACEp IN THE HANDS OF SAIp NWRTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the evenl that any Mrereof is not
paid, wr:sfied and d'ad+arq~d sid MORTGAGfE may at any time pa~ th~ ~an~ or ~ny part th~rwf witho~t wsivi~ or affectirq any option, li~n, equity or
•~qhf w~d~r a by virtw of this monyage and ths full ~mount of each and ~very wd+ paYment ihall be immediately dw and payable ~nd shall b~u int~rest
E~om thf daM the~wi uniil paid N?~te of n~ne pe~ centum pe. uww+n and eoyNMr w~rh such inre~est shatl bs secv~~d by N?e lien of th:s mo~ upe.
0~~
. _ ~ . . - _