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HomeMy WebLinkAbout1304 ` : . { ~r'~99~~ ~ 1'79216~ ~h i THIS IN~ENTURE, Mad~ th~ 2dth d,y of M V AA. 19_~.~betwMn ~ wiiiian R. Durhaa and P v s D. Dur ~ s w e - y f of St• L1~~@ ~~N F~~, ~r~in~ftK d~sgn~ted u fM "MORTGAGOR" ~nd FIRST FE~ERAI SAVINGS AND IOAN ASSOCUITION OF FORT PIERCE, a cwpwatan or~niud ~t?d ~xistiny u~clK tM laws of tM United Sat~s of M~erica and havirp i» priMipsl plap of j buiin~t~ in tFN Cify of Fo~t PiKU. St. lvw Cou~ty. Fiwidi, Iwni~wftK daipn+t~d ~s tM "MORTGAGEE." ~ WHEREAS tM MORTGAGOR is justly ind~bt~d to th~ MORTG/1GEE in 1M wm of = 18 • 9~ , good and lawful mon~y of the United ' Srates +dwnced by the MORTGAGEE unlo tM MORTGAGOR, as ~videnced by • cert+in {xomiuarY note of even dafe here~vi~h, of which the followinp in ; words and fgwes is a tru~ copy, towit: ~ i = 18, 900 .00 , ~ 15.689 ~ r«t P;~.n. ~b,;d,, MaY 24 ~v 6~ Fw valw received, 1, we w eitFw of us, pranise fo pay, without d~falution, to the order of FIRST FfUERAL SAVINGS AND IOAN ASSOCIA710N OF FORT PIERCE af Fwt Pierce, Fb?ida, tf~ wm of 18 ~ 9~ with imereit from date af the rate of7~_°',e pe+ annum, io monthly insbll- ments as follows: f l~ on tM Sth day of `J~Y 19 69 and a like sum on the cwrespondinp day of each month ther~- afrer until the whole be f~lly paid. Each i~stallment fint shall ba applied in paymcnt of ths interest snd then on the unpaid balance of the p~inc~pal wm. If defsuN is made in 1M payment of any instaNment when due. and suth def~ult tontinuet 30 days, thM at the option of 1M holder, and without any other ~otice. all the ren+eininy ~mtallme+Nt sFull be due and payable at onte. Privilept is 9iven fo prepaY thia note in whole or in part at any time without penalty. Neither forebear~nte, nor acceptance by the holde~ the?eof after aoy default in ~ny p~yments hereon, ahalt be deemed extens~on. A late payment charge of i 7•~ shall bs ; added to each installment remaininp uopaid 7 days ~ft~t Ns dw dab, ~nd ~ like sum shall be added to~eacfi such installment remsining unpaid 7 days after each sutceeding paYrtxM dare. Each m+ker, surety and endwser he?eof. jointly and severally, w+ives demsnd, prese~tment protest and notice of protesf fw nonpayment, and further agrees to any extensan of ~irne of payment, either before or after maturity, without notice to any of us; and to pay ail costs of collection, includinp a reasor+able attorney i fee in the event oF any default hereunder, snd hereby severally waives all benefit of homestead and exemption under the constitutan and laws of each State of the United States, ~s against this obligation w any extension or renewal hereof. ~ l Witn~ss the hand and seal of each party. W~ 1 i am R D1L as (SEAU (SEnU /s/ Phyllis D . Durham ~,y . tsE~U , 28..35 ~ st,~ ae~ee~,. (Sramps tancelkd on oripinal oote) NOW, THEREFORE, the MORTGAGOR fw th~ pwpos~ of securirg payment of said wm of t 18~9~'~ +~d the performsnce of ths coveninb and agreemenq hertinafter ~xpreued, and fw ~ven yood a~d wlwbte consida~tions, by these presents, does grant, bargain, sell, remise, release, tonvey and confirm unto the MORTGAGEE, ib sutceawrs and assi9ns, all 1Mt certain bt, piece or patcel of land, situate, lyin~. ~nd beitg in the County of St. Lucie and Stat~ of Fbr~d~, described as follows: ~his instrua~nt preps~ad by Rerecord~d to cc~ply with th~ r~quir~a~nts Ja~es D. Cbastaia of th~ Scriveutr's Act ss aaend~d by S~ction First Rad~ral Savings and Loan 695.24 of the Florids Statut~s. Associatian of Fort Pierce, Florida ~ Lot 4, Block 4, ORANGB BLOSSOM ESTATES, Second Addition, as per plat thereof recorded in Plat Book 14, Page 2, public records of St. Lucie . ~ County, Florida, / p-G RECEIYED = ' a tN PAYk1EtiT OF TAXES WE ON CLASS C INTANGIBLE PERS^PtAI PltOPERiY. PURSUANT TO Ct1APTER 20724. ACTS OF 1411. i ` ROG~R POITRAS, Clerk Cirtuit Court ~ [s! iJ 1 : ~ t~ r : ~ i L~ r1 ~ ~.i ~ U~Ctl:JEtvTN"; l-:._< as Ager,t fo~ DANI~L N. KNCWLES, JR ~ ! ~ ? „~~N - 6'69-~~'' : , ~ ~ $t LUCIC COU:.t~ Tax Collector ~ ° ~ _ -'{r~~Y~~ 2835= i F- _ 1-~ ~ c 1 V CG*•1PTR;.L! ER ~ = ~ S ~ ~ Pk,14n138 DEPUTY CIERK ~ ~ ~ ~ t ~ rogether w~th a~l snd singular the tenenwnn, hereditama+b and ~ppu?tances thaeunro bdaginp w in anywis~ ~pp~rtaininp therero. ~nd al! rsnb, issws, ; ~ pr«eeds and profin accruirg u+d to acvw from said Premises, all of whid~ ~n includ~d the above and fapanp description and habend~m. ~ TO HAVE AND TO HOID the abow described ~nd yranted prema~s unto th~ said MORTGAGEE, i» succe~son and aisi~ns forevar. Md th~ s+Id ~ MORTGAGOR fw the1S - Fwin, ~xecuton, adminatrators and auipns, h~rsby cown~nts with the said MORTGAGEE, its successon and as~ipir. thev are ~ ~ +har lawf~liy seiz~d of th~ said prana~s L+ fN simple; tMt rh~ s+me ar~ frN, cleu ~nd discharped fran dI liens and ~ncun~ ~ b.snas in I~w or in puity, ud tf+a~ t~y will and t~lY hein shall w~rraM u~d deftnd th~ title w the same to th~ said ~ MORTGAGEE, ib successon ~nd assiyns, fwewr ~painst the lawful cl~ims ~nd demands of dl ptrsons; ~ ~ PROVIDED, AIWAYS tMt if tFr 1MORTGAGOR sh~ll pay unro th~ MORTGAGEE th~ promissory no~e hereinbefor~ described ~nd shall truly, pramptly ~ " and fvlly paform, dscMr~e, ex~cw~, compl~q, comPly with and abide by each ~nd ~very the stipvlaiwns. apreernenb, conditiora and cove~nb of said ~ promiswry not~ and of this Mwtyay~, t?~ this Mort9a9t ~d ti+~ &tate hertby veated shall usse ~nd b~ nu11 and void. ~ ~ IT IS UNDERSTOOD tl?~t tht wad "Mwtyapa" wl~ether in ttw sinp~lu or plw+l anywher~ in this Mort9+~e, shall be sinyulu if on~ only and ~ shsll bt plvrd jointly and ~everally if mae than ont, and that tht wwd "their" u uted ~nywMre in this Nlwty~ shall be t~ken to msu~ "his,•• •'hKS;• :t w"its:' wherev~? th~ conte:t w impties or ~dmits. Alw, th~t wMrever there k a r~ferenu in th~ coven~nb snd agreernenb F?aein cont~inad to any of ~ rM parties hsr~to, tFw s+me ~11 be cantrued to mean as well u th~ l+ein, lepal repeser?tatives, succsswn and ~uiqro (eitMer voluntary by sct of th~ ~ part;a or involuntsry by ope~ation of the bw) of the sams ~nd tFwt ~he coven+ors herein coors~oed ahsll b~nd .nd rhe bsnefin and adv.nrapes inw~ ' R ro ths respectivt h~in, k9a1 representatiws, waessors snd ass~yro of the pati~s l+treto. ? ~ Md said Mwtyayo?s, for themseives and thtir hein. Ip+l r~esentatives, sucteswrs u~d ~ssiyns, hertby joiotfy u~d sevKatly coveMnt ~nd pne ~ 's to and with the said MORTGAGEE, ib s~ctessors and ~ssip+~s: ~ 1. To psy ~11 and sinpula? th~ princip+l and imaest and tFw var'wus ~nd wntky sums of moneY P+Y+~ bY of said promissory not~, and Nds mwtpape, t~th and every. Womptly on the dap r~sp~ttiwlp tlw sarr» s~wrally becan~ dve. ~ 2. To p~y dl and sinpular th~ taxes. ~NS. levies. IiabiliY~es, oblip~tian and encumbrances of every natw~ a~d kind now on said desaiMd ~ prop~rty, a that her~aher may b~ inpw~d wffa~d. P~acad. I~vi~d, w a~wswd the?eon, w t!?~t hereafta may b~ kvied a usssad upon this Mortp~ ~ p~, a tM indebtadnsss secured hereby, each u+d ~wry, wlrn dw and pay~bl~. aocordinp to I~w, befo?~ tl+ey becan~ delinquem, ~nd b~fw~ any tntant ettaches ot any penalry is incwred; AND It~50FAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPTIY SATISFIED AMD DISCHARGEO OF ~ RKOR~ AND TME ORIGINAL OFFICUL OOCUJMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR 7HE SATISFACTION P/1PER OFfIC1AllY ENOORSEO ~ OR CERTIFlE~) SHALL BE PIACED IN 1HE MANDS OF SAIO MORTGAGEE WITHIN' TEN DAYS NEXT AFTER PAYMENT; snd in the eveM tMt sny thereof is nm paid, sat'sfied and dixMryed sasd MORTGAGEE rrwy at any Ywne pay t1» same or any p~rt thereof witho~t wsivin~ w affectiny a~y option, lien, p~ity w ~~aht undet w by virtue of this mortga9e u~d the f~ll amoum of each snd ~very wch psyment sMll ~ately due and psysbk and shall beu interest ~ srom the date thereoi until paid at rate of nine per c~ntvm p~r annum +nd top~ther w~th wch intere shall be secured b the licn of th:s mor ta . ~ BooK 178 i303 a~~ 178 ~ ~ ~ ~ _ . _ ' .._~~a~. - . ~