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HomeMy WebLinkAbout2929 . . _ i.t~~us~ ~ ; THIS INDEN UR ~.d, 19th ~y of July , A.D. 19 69 _ betvr~+n _ R~c~ssd Bdward Cotfaan and Pheb~ Cotfaan, a/k/a Phoeb• Cof~nan. his wife of $t• I.I1C e Counh Fbrid~. M+einaftN d~iignated ss tM "MORiGAGOR;' ~nd FIRST FE~ERAL SAVINGS ANO LOAN ASSOCIATION OF fORT PicRCE, • oaporation orpanised ~nd exiitin~ undK th~ laws of tM United Stat~s of An?wiu ~od Mvinp it~ prindpal pl~ct of bv~in~u in tM City of Fwt PiKa. St. luci~ Cou~ry. florid~. Mr~u+~ftK dssipnat~d as ;M "5 S~ E~ WHEREAS tM MORTGAGOR is jvstly indebted to tM MORTGAGEE in the sum of ~ ~ • pood +~d lawiul money of the Uoited States ~dvanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a csrtain promiuory note of even date he+ew~th, of which ths foltowi~+p in =~ds~~f~ is a uw coPr, to-wit: - 15 830 ~ • Fwr P~~.. Fi«~. July 19 ~ 19 9 For value roceived, I, we or either of vs, prom~se to wi?hout defelcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIA110N OF FORT PIERGE af Fort ce Fbrida, the sum of = 5~~• _ wi~h interest from date af the rate of 7• 7~a pN +~~~m, ~++o~thly install- me~ts as fottows~ ~ Sth ~y of S@pt@1~b8= 19 69 a like sum on the cwrespondinp day of exh rtw~th the~e- after until the whole be fvlly paid. , Eath iostallment first shall be applied in psyment of the interesf and then on thc unpaid bala~ce of the principel tum. If defaulf is made in the payment of any installment when due, and such default continues 30 daya, the~ st the optron of the holder, and withovt any other noticc, all the remaininy insqllments shall be due and payable at once. Privilefle is ~iven to p~epsy fhis note in whole o? in ps?t at any time withouf penalty. Neithet (orebcarance, nor acceptance by the hold~r thereof after a~y default in any p~ymeMS Ixreon, shall be deemed extension. .A late payn+ent chsrge of s 3• 35 sFull b~ added to each instattment rrmaining ~npa~d 7 days sfta ib dw dats, and ~ like wm sh;ll be added to each such installment remaining w+psid 7 days ~fttr each succeedinp paYme^t date. Each makm, surey and endorser heteof, jointly snd sever~lly, waivcs demand, presentment protest and notice of protest fw nonpayment, and further sgrees to ~ny extensan of time of payment either before w after maturity, without notice to any of us; and to pay all costs of collection, intlud:ny a rcasonsble attorney's fee in the event of any dcfsult hereunde?, and hereby severally waives all benefit of homestead and exemption under ihe tonstitution and laws of each State of the United States, as against this obligatiw~ or any extension or renewal hereof. Witnesi the hsnd and,ual of each pa?ty. /s/ Richaurd Bdward Coffnan ~U cs~?u /s/ Phebe Coffaan, a/k/a ~q Phosbe Coffaan ~ ~ 8.25 ~ State Reven~?e (Stamp cantslkd on wipinsl note) S~0. ~ NOW, THEREFORE, the MORT(aAGOR fo? the purpose of secvring payment of said sum of = ~ and th~ performancs of tM covenantt and agreements hereinafta expressed, and fo? d~vers ~ood and valwble consideratio~s, by tF?ese presenh, does gr~nt, bupain, sell, remia~, release, convsy and ~ppfirm~LLp tQ MORTGAGEE, in sutceuon ~nd auigns, al! that certain lot, piece or putel of Isnd, situate, lyinp, snd beirg (n t4s JL . l..LiC ' C~ty ~nd State of florida, described as fdlowi: Lots 1 and 2~ Block 4~ MARAVIL.I.A TBRRACB SUBDNISION~ as per plat thereaf on file in Plat Book 5, page 50, Public Recozds of St. Lucie County, Floiida,~ r ? IN PAYNElfi OF TA7~~ w ~ ~ A ~~:,F t- L U I-1 I U A P.ECEtYED i~ D~ S T A MP TAX D'JE ON CLASS 'C INiANGIBLE PE:~St'Fi"L P;~?E~ TY, DOCU M E N T A~v:t ,s-= p~ ;s.:.~:~ io c N a P;_ z 2 e~''• '~~s cf i~i. ~ ' _,p1~25'69 2 5= (:CG~R Pt~l;t'.~S, Cterk C~rcu:t Ccurt ~ ~ = L>'~= _ as Age~t tc~ G?1NIEl N. K~~titi~ES, 1R N COMPTROI.~ER ,~~oR,~~______`_. St Lu~ie CouGty Tax Collector - P.B.199138 ~ - BY DFPUIY CLERK c toyetMr with all and singular the ronements, he?editarteants and ~ppurtances tMreunto belorging or in amrwiae appert~i~inp tFwr~% and all r~nts, i~swa. proce~da u?d profits ~cwiny ~nd to acuue from said premises. ~II of which are inclveled in the above ud fwe9oirg dsscriptian ~nd habendum. TO HAVE AND TO tha ~bovs described ~nd ~~u+ted premises unto the said NIORTGAGEE, its suoce~sors aed ~uipns for~va• Md tM Nid MORTGA~ for th~r hein, executon, sdministrston ar+d auigns, hereby oovsnanfs witF~ the said MORiGAGEE, its woas~on +nd ~ssipm. th~t t__-y a=e lawfully seizad of tiw said pran~ses in f~e s'rnpl~t th~t tl» s+rM ar~ frN, cku and discl~upad from ~II liens ~nd enc~ branas in law or ~ equity, ad tha* th6y will and t~i= hein thall w~rrant ~nd defend tF» titl~ 1o tht s~me to th~ s+id MORiGAGEE, ib sucoeuws ~nd +stgos. forever ap+inst th~ lawful claims and demands of all persan; PROVIDED, A1WAY5 tMt H tlw MORTGAGOR sMll pay unto the MORTGAGEE tFK promiswry ~ote hereinbefor~ d~wib~d ~nd sh~ll truty, promptly and fully perfwm, d'ad~sry~, execvte, complet~• complY with ~nd abide by sach and every tM stipulations, ap~cem~nb, ca?ditiona and oovar?u~b of s~id premissory not~ ud of this Mort~ape, then this Maty+p~ and tF~e Estate hereby aeated sh+ll cess~ u~d b~ rwll and wid. IT IS UNDERSTOOD tlwt the wad "Mat9apor' whether ie~ tFr sirgular w plural ~nywher~ in this MortQa~, shafl b~ sinpular if oM only ~nd - sh~ll b~ plwal jointty and ~everdly if mae th~n aa. ~nd that tM word "their' u wed anywfwro in this Mo?tp+pe ~h+tl b~ taken to rtKan "his,•• "lrn,•• or 'its," wharever tht co++t~xt w implies or admits. Alw, that wMrewr thers h a refKenoe in th~ covenanb and aprNrnents harein aont+i~ad to a~y of - th~ parties her~to, tM saen~ sh+ll b~ construed ro m~an ~s well as the heira, ley+l r~presenutrves, woc~swrs ud a~sip~ (eitha vol~ntary by ~ct of th~ - parti~s a involunury by op~?~tion of tbe law) of tiK same ~nd tFwt ihe cov.n.nn herein comained shall bind •nd *h. b.nefin .nd advnrapes irw.. to tFw nspactiv~ hsin, ky+l r~preser?tatives, wa.ssson and asug~s of the psrti~s hereta ~ Md ~aid Mwty~yon, for tF~emsslws and tlxir Mks. le9+1 r~aentatiws, wcus+on and usipra, herebY lointly and ~ewrdly oovenant and apne b u~d with th~ said MORTGAGEE, its wonsson +nd +ssipro: . ' . 1. To p~y ~II Md sirgular th~ prindpal and interest ~nd the vario~s snd wr~y wms of monty paYabb by vi?tw of s~id promissory not~. ~nd thls = mo•r~.Q.. ..ch and .wry, aomP+N o~ r~+. d.ys r.sP.crn?eh ~i,. s.m. s.w?aiW beca~+. dvs. ~ 2. To pay all and ~Lgvla tM taa~s, ass~ssm~nb. Iwi~s, li~biliti~s, obliy~tions ard Mcwnbr~nces of ~very natur~ and kind ~aw on wid d~wiMd ~ P~~b. a that her~af»r maY b~ Nnpw~d, suff~nd. P~+cad. Iwied, a wess~d thenor4 a tlwt here+ftar may b~ Iwied a a+~ss~d epa~ tMa 11Aorq- E +D~, a tM M~d~Ndness s~cund MnbY, tach a+d ewry, wFw~ du~ and payablt, accord'u~p to bw, b~fon they b~cane d~linqwM, u+d befors ~rnr ht~nst ~ttKh~s or ~ny p~Mhy it incvrred; AND INSOFAR AS ANY TMEREOF IS OF RKORD iHE SAME SHAII bE PROAAPTIY SATISFIEO AND DISCFIARCsfD OF RKORD AND THE ORIGINAI OFFICIAI DOCWNENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OfFIC1ALLY ENDORSED OR CERTIFIED) SHALL SE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENTj and in tF~t event th~t a~y tMreof ts na p~id, sat:sfi~d and diichary~d s+id MORTGAGEE m~y at ~ny time pay tM wne ot ~ny p+~t thereof witho~?t waivinp or ~ffactinp uryr optioo. IiM, ~qviry a ~ipht under w by vi~tw of this matpapt ~nd the fvll a~nount of each and avery wch p+yn+~nt ~h+ll bt irrrn~diatsy dw ~nd payable and sh~ll b~u inter~st ; kom t~ da» tF~eof until paid at nt~ of oine per unt~m per anewm and top t~ with wdi inttrtst sh+ll b~ ~ecvred by tht lien of tFr.s mo~ytap~. ~ ~ = ~ ~ aooK ~ t8 ~~E2926 _ - _ ,W..~;`~3 ~•b.. s. ".G K ~ :y~X ~ . . ' . . . I ~ Y°~ S- r' " ~ I~ 4 , ' _ ~ . ~ ~