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HomeMy WebLinkAbout2931 181053 ~ 9th July ~ ~,p, ~y 69 _ ~,W..,, : THIS INOENTURE, Mad~ il» d+y of Albert W. Pzoctan and Phyllis Mn Procton. his wife ~ St. U1C~e ~ ~My F~~~ ~~~~K ~~nared as tM "lNORTGAGOR," snd FIRST FEDERAI SAVINGS ANp IOAN ~ ASSOCIATION OF FORT PIERCE. • oorporation orp~?is~d and ~xatirg w~d~r IM I~ws of tM Unit~d StaNa of Am~riu ~nd Mvinp in princip~l plac~ of ~ bwin~s in tM Gty of Fat Pi~ru. St. t~ci~ Ca+nb. florid~. hH~ha daipnat~d a th~ "MORT000 DO WHEREAS th~ MORTGAGOR is jwtly ind~bt~d to ths MORTGAGEE in tM sum of = ~ • , pood and lawful mo~ey of the U~ited ~ Stat~s advanc~d by the MORiGAGEE unto the MORTGAGOR, as ~vid~ncad by ~ certain promiuory not~ of even date herewith, of wh~ch tM foliowinp tn worc4 ~nd f'~yr~s b a uw copY. wwir: 5 806 . ~ ~ 9.000.00 Fort Pierce. Florid+. •jUl~l 9 19 v For yalw rapived, 1, we a eitM? of us, promise to p~Y. withouf defakation, to the wda of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~ Fp~pT p~[itCE at Fpf Piercs, Florida, the sum of = 9+~0• ~ with intenst from dats ~t the rate of 3s~% per uu+um, in monthly instalb ` menn,•s folfows: t 93• ~ o~ the Sth day of NOVe3bQr . 19_~ and a liks wm on the cor~os{wnd~np d~y-of each month therr ~ after until the whote b~ fully p~id. • ~ Each instaliment fint shall ba applied in paYment of the interest a~d then on the unpaid balance of the prindpsl sum. If defeult is made in tM paym3~it af any irataliment when dus, a~d such defauit continues 30 days, then at the optan of the holder, and without sny other ~ot~ce, all the remsining ~ insullments shall be due and payable at once. Privite~ is givtn to prspsy tha noro in whol~ or in put st ~ny time without penalty. Neither forebearance, nor scceptsnc~ by the holder thereof after ~ny default i~ ~nY paYmenb hereon, shall be deemed eztension. A I~te paymeot charge of ~ 3.65 ahatl t» ~ added to each ir?ataltment remainirp unpaid 7 days ~fta ib dw date, and a like wm shatl be added to each s~ch installmeM ~emaininp unpaid 7 d~ys after ~ eath sutteedi^9 PaYmant date. v l Euh maker, wrey and endorm hereof, joi~tly a~d uverally, waives demand, p?esentment protest and notece of protest for nonpayment, and further ~ sgrees to any extcnsan of t'une of payrt+cnt, either before w after maturity, v:ithout notice ro any of us; and to psy all msts of collection, includinp a '7 r~asonable attwney i fee in the event oi any def~ult hereunder, s~d hereby sevenlly waives all benefit of homestead and exemption under the conatit~t'a~ `pO` and laws of exh State of the United States, as against this obligation w any extension or renewal hereof. Witness the ha~d a~d se+l of cach party. /s/ Al~rt W. Procton ~U ~ s y s n Procton ~ cs~?u ts~?u ~ 13.50 ~ ~ ~ Stste Revenu~ (Stamps t~noelled on wipinal note) NOW, THEREFORE, the MORTGAGOR for the purpose of secvrirg p~yment of sa~d swn of i 9~~~' ~ and the performance of tM cov~nq and ayreemenb hereimftcr expressed, and iw divers 9ood u~d wl~abl~ consider~tions, by thes~ preseets, does grant, bary~i~, sell, rem7x, rclease, conwy u~d tonfirm unty the kWRTGAGEE, its tuccea~o?s ~nd sssigns, all that urtain bt, pieos or paroel of (and, sitwte, lyinp, and beiny tn tMe Counry of S! . L11C 18 ~ Sta» of Fbrid~, desaibd as follaws: Lot 13, Block 61, RIVER PARK _ UNIT ND. 6, according to the plat on fil~ in Plat eook 12, page 28, Public Records of ~ St.-Lucie County, Rlozida,,~ ' ~ RECEIYED 5~--- ~N PA'.'AlEt!? OF TR'(Q D~E ON C~~'~5 ?t::aY.;=':~E 'E"S'T:'i ?~3?~RTY, - ~ns..s.,( 2..'1'?=. a:'S ~Ji 19~:1. w 5 1+~ I~~~~ ~ L U k I U/~1 Fn~~-~: F:'i C`e-r C:~ ~t~ t C~~ t ~ ~ DOCUMENTAQ~ TAMP. TA`~( ~ z . = ~o.. s` _ as Age~i fet C;°.isi=l N. K~~CWLtS, 1R ~ _.WL25~69 _ j'~:~ ~ 3~~~_ S~ Lucie Coustj Tax Collect . ~ v~~ _ ~ ~p ~ COMP7ROLLER ~ = ' : P$.19~138 !_~~'o pEPUTY CLERK . tey~ther with d) snd iu~yul~r the ten~rtMnts, hered'~tamenri snd ~ppurfa~ces tlwreunto b~{orgirg w in .nywa. ~pperraintap *h.r•% ~nd al) r~n», iuws. proc~eds ~n~-profib acuuirg ard ro sccnre from saW pranis~s. ~II of whid~ art_ indud~d in the ~bov~ and fonyoirg dacription and hab~ndum. . TO HAVE ANDtp61 N~`abov~ dewibed a~d qnnted premises unto th~ aid MORTGATEE, its woceswn and assipru tor~va. Md th~ said N10RTGII~QR for I+~in. ~xecutors. administraton and •uiym, hereby oovenants with the s~id MORTGACsEE. its sua~swn ~nd ~ssipnr. iney are that lawfvlly seized of tiw uid premaa in f~e simpb~ tMt t!w srn~ u~ frN. cMu ~nd dhdurp~d from dl Ikna and ~ncunr brsnus in law or h~9~+nY, and ths~ Lh@y will and Lhe~Z heirs sMll wurant and d~f~nd th~ titl~ w th~ sun~ to th~ safd ~ MORTGAGEE, in s~xcessws snd assipns, fwtwr +~+inst tiw ~+wfvl claims and d~m~nds of all p~rsons: .~PROVIDfO. A1WAY5 tMt ff 1he MORTGAGOR sh+ll p~y unto tM MORTGAGEE the promis~ay ~ot~ harsu?b~fott d~stribed and th~ll iwly, promptlY and fuly periorm, d~hsrp~. ~:acut~, cor^Pl~t~, complY wit~ ~nd abide by ~ad+ and ~wry the stipulatio~s. +pr~er~b cw~ditans snd co+r~rwnb of aaid promis~ory roN and of this Allorty+pe, tl~ thit Morty+pt ~r+d tM EstaM hatby a~ated ~hall pas~ and b~ r?ull jnd void. IT IS UNOERSTOOD tMt tM word "Mwtypa" wheth~r in the sinp~lu w plwal anywhar~ tn this 111~wt~a~e. ~II b~ sinpular if on~ anly and • ah~ll b~ plwd jointly +nd s~w~ally if mor~ th~n ar. ~rd that tM word "tMa" ~s w~d ~nywl+en tn this Mort9~ shall b~ t~ken to m~an ••hh,•• •,h~n•• w"its," wMrw~s tM oont~at w impli~s w~dmits. Alw, ti?~t wl+Kewr the~t b a refu~noe in tM cov~+wn~s and ~pr~+n Mnin contairwd to arhr of tFr putia h~nto, th~ saiew sl?dl b~ cautrwd ro mean as wsll ai the h~in, tpal naae^t+~ivas. woaswn ~d assip~a (~Hha vduntwy by ~cr of the p.rr;a o, involum~ry by ope.a~ion of rM law) of rM s.me and rha~ fh. cownaea Mnin com•irwd shsll bind and rl+. ben.fi» and adv,m.p.a i~wr• to rM reap~ctiw Mirs, Ipal npraent~tiws„ woas~ors and as'pra of tM putia hu~ta Md wid MortQ+pors, fa t}+~mf~lws and their heks. Ig~l rpr~sa+tativ~s, woc~wn w~d assipm, her~by jointly snd wwralty oov~rwnt and ~M ~ w and with tM said MORTGAGEE.~sts a+ca+son +Rd +ssgm: ~ 1. To pay ~II ww! sinpulat th~~pri~~l ~rd intuest and th~ v~rian and wndty su~r of moMY WY+~ bY virtw of wid promiaory nob, u~d this mortpap~. ~ad~ and tvKy. P~ampt~Y oe~ tl~e days rap~ctively th~ same Nwrally b~car~ dut. ; _ y Tq pay dl and ~k~yular th~ ta~ces. +sws~na. Iwi~s. Il~bilitia, oblipatiau and ~rrnbanon d rv~ry INTYf~ M1~ I[Mld ~10W OII M~ ~W1~ r p?op~r, or tfi~t hKesft~? m~y b~ inpo~~d, wff~nd. P~~ad. I~ri~d. a~ss~d thenoA, a th~t IweaftK may b~ Iwid a ass~swd upon Mh Morq~ ape, a th~ 6~d~badnea wa~nd Iwr~bY, sad~ arid ~wrY, wh~n dw ~nd WY+~. a law, b~fon thhr b~cam ddinqveM, and b~fon +mr M~na ~ nt~clws p ut~r ptnahy b inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHALL 6E PROMPTIY SATISFIED ANG DISCFIARGED OF RKORO ANC .1HE ORIGINAI OffK1Al OOCUMENT (SUCH AS, fOR IN;TANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OffIC1AllY ENDORSED OR CERTIf1E~) SHAII 6~ VIACED~IN THE HAt~S OF SAID MORTGAGEF WITHIN TEN DAYS NEXT AF1ER PAYMENTj and in th~ went that ~Mr thK~of is no1 ~ psid, ut:sfid and disd?Nysd taid MORTGAGEE m+Y ~t aey tim~ pay tFK saim w~ny part tMreo~ without wahinp w affectirg u~y option, lan, pvity a .iqht undK or by virtw of t!w n+on9a~e ~d tM fvll xnp~n~t of each wery wd~ paym~nt ~MII bt imrnediatdy dw and paysbl~ and shall b~ar int~rat hwn the date M~rwf uMil p~id 3f i~t~ of{nir» p~r ce~tuin pM.annwn and tF~ witl~ f~rch int~r~st ~h+ll be ~ecw~d by th~ ti~n of th:s mw~tpe. ~ ! 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