HomeMy WebLinkAbout1995-~ _.,.
THIS INDENTURE, Made
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~ St • LuC ~ ~,r„ fy porgy, itareMtaher designated as the "MORTGAGOR," and FIRST FECERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporation organl:sd and sxistinp under the htws d tM United Staten d Arnsria and MvMq iM principal ph~oe d
business in the Chy d Fort PNra, St. Ludo Count. Florida, hareietaftar desigeatsd w the "5600.00 .
WHEREAS the MORTGAGOR i< h+HIY ktdabNd to the MORTGAGEE N the sum d i s .Rood and lawful money of the United
Staten advanced by tM MORTGAGEE unto the MORTGAGOR, u evidartad by a certain promissory note of even date herewith, d wh+ch the fdktvrinp M
words and figures Lt a trw Dopy. to•wit: 15 a 908
= 5, 600.00 ~+~
Fort ~~ ~~ August 29, 1969
For value reatiwd, 1, vw a ehher of ua, promise ro pay, wihhout dafah:ation, ro th. order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE of Fort Pierce, Florida, 1M sum d S 600.00 with interact from date at the rats d 8.0 % per annum, in monthly irotall-
menn as fotlowu S ~ • ~ on ~ 5t ~ ~ OCtOb@r 19 69 end a like sum on the corresponding day of each month there-
after until the whole be fully paid.
Each instalMnsnt first shall be applied in payment d tM intxest and then on the unpaid babnce of the principal sum. if defauh b msde M the
payment of any irntalknsrtt wharf due, and such defauh contirwes 30 days, then at the option of the holder. apd without any other notice, all the rernainieg
installments shall be due and payable at Deer. Privilege is given ro prepay this note in whole or in part at any gene without penalty. Neither forebearana,
nor aoaptanoe by the hokfer thereof after any defwh in any payments hereon, sMll be deemed extension. A late payment dtarge d S 2 ~ 7O shall be
added ro each installment ranaining unpaid 7 days after its des daM, and a like sum shall be added ro each such inatallenent remaining vnpaid 7 days after
esch succeeding payment dates
Each maker. suety and erdorser hereof, iolatly and severally, wa'wes demand. presentment protest and notice of protest for nonpayment, and further
agrees ro trey extemion of Yrne of payment, either before a after maturity. without notice to any of us; and ro pay all costs of collection, including a
rea:onabk attorney's fee in the event of any default Mreunder, and hereby averally waives all benefit of homestead and exeenpYwn under tM coratitWion
and laws of each Stan of the United States, as agairot this obligation or any extension a renewal hereof.
Witness tM hand and.seai of each party.
/s/ Lloyd Taylor BEAU
tsEAU
s Cot de F. Tayloz ~p
(SEAU
Now. THEREFORE, the MORTGAGOR fa the purpose of securing p.ymant of aid sum d S S e 600.00 .and the performance of the
covenants and agreem.nri hereinafter expressed, and for diver good std valwbN coraideratiorts, by these presents, does grant, bargain, all, remise,
release, oomey and anfvm unro the MORTGAGEE, its wooessors and assigns, all that certain lot, pica a parcel of land, situate, ly'ug, and being in the
County d St • Luci@ ,and State d Fbrida, described as fotlowu
Lot 9, Block le REPEAT OF PALM GARDBNS, as per plat thereof
on file in Plat Book 12, page 42, of the Public Recozds of
St. Lucie County, Florida,
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together with all and sirpular tM tenemems. hsredharrtents and appurtarxea thereunto belonging a to anywise appertaining thanes. and all rents, lwt»a.
proceeds and profits acWirg and ro aoaw from said prsrr~ises„ all of whidt err. irtnitded in the above and foregoing dncription and Mbertduen.
TO HAVE AND TO ~ tM above described and granted premises unto the aid MORTGAGEE, ils woassor and assigns forever. And the said
MORTGAGOR for the'_ heirs. exacvtors, administrator and assigns, leereby covenants with the said MORTGAGEE, its M+caswrs and ssslgnM
that they aye (awfully of the said premises in fee sMipler that tM same an free, clear and discharged from all Ilerts and ettannn-
brantcM blew a in equity. and th~* --"@y will and th@~ hair shall wamM and defend the title to tM same to the said
MORTGAGEE. its strcaswrs and assigns, forever against tM lawful claims and demands d ell psrsonst
PROVIDED. ALWAYS that if tf+e MORTGAGOR shall pay unto the MORTGAGEE the proenitsory note hereinbefore desrx~ed end shall truly, promptly
and fully perform, dadrsrge, exeratte, complete, amply whh and. abide by esch and every the stipubtiora. agreerttsnts. cordhiona and cownanM d said
promissory noN and of this Mortgage, than fhb Mortgage irid -the Estafe hereby created shall atase and be null and void.
IT IS UNDERSTOOD that the word "Mortgages" whether to tM singular . a plural anyvrlwre h this Morpage, shall be singular H one only and
shall be phial io6tth and severally H more than once, and that the wad "their" as used anywhere in this Morgage sMll be taken ro mean "hih" "hers,"
a "ib„" wherever the context so implies a admits. Ahw, that wherever then is a reference in the covenants and agreemertb herein contained ro any d
tM parties heretq the same shall be cesrtrwd ro mean as well as the heirs, hgal reprpenttativa, wocessor and assigro (either voluntary by act of tM
ro the rNpesiive heirs, legal~representathnbsuoassors and asafgro d the arties chant ~~ axnairwd shall bird and the benefits and advantages Mtun
And said Niapagors, for tlwnwlvu and their heirs. legal representatives, woassora and assigns, hereby jointly and severally oownartt and agree
ro and with the aid MORTGAGEE, i» strooessas and assigns:
1. To psy aR and singular the principal and interest and tM various and sundry Burns of money payable by virtw d said promissory ewe, and this
mortgage, eadt and every. promptly on the days rapectiwllr tM same severally become due.
2 To pay all and singular the taxes, asaspmptb, hwies, liabilities, obligatiesa and entaarnbranoa d every nature and kind now on said daa~ed
property, a that Iwnafter may be irnpoeed, svihre4 Pla~• ~~• or assessed thereoq, a that hereafter may be Mvied a assessed upon this Mortg-
age, athe itdebadrtess waxed hereby, each and every, when des and payable, aa:ordirg ro law, before they baatene delinquent, and before any Mtterest
attaches or any penahy is Mtaxreds AND INSOFAR AS ANY THEREOF tS OF RKORD THE SAME SHALL 6E PROMPTLY SATISFIED AND DISCHARGED OF
RKORD AND THE ORIGINAL OFFKIAL DOCWNEtdT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHALL 6E PLACED IN THE /(ANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT] end in the event that any thereof is trot
paid, at:sfisd and dndwrged aid MORTGAGEE may at any time pay the cams or any paA thered whhout waiving a affecting any option, lien, equity a
.fight under a by virfire of this mortgage and the full amount of each and every such payment shall be immediately des and payable and shall bear interest
kom tM date tharaof until paid at rate of nine per centum per annum and ether wi such interest shall be secwad by the Tien of this morytage.
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