HomeMy WebLinkAbout231030th day August A,D, ip 69y b.tw.«t
THIS INDENiu~ ~Alfrsd L. Kelly and Mildred W. Kelly. his Nifs
of St • Lucie ~ . C~+b porW, hareMafbr desigrssted es tM "MORTGAGOR." and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE. s oorp«a-ion «ganiaed and exbtMg urw)er the laws of 11ta United States of America and having its principal Plea of
business N tM Chy of Fort Pbraa, St. Lvcis County. ElorWs, hereMafw daslgrteted as t)se ~7$00.00
WHEREAS the MORTGAGOR b pally Mtfebled to the MORTGAGEE M the urea of >) s .Rood end lawful money of tM United
States advanced by tM MORTGAGEE uMO the MORTGAGOR, es evidenced by • certain prornissay cots of eren dlte herewith, of which tM fdbwing M
words arld_ f_igur.~ b a true copy. to-wit: ? 15, 91 S
_ ' SUU' U~ ~ P~ ~~ Au9u st 30 19
F« valve received, 1, vve « ehher of us, promiw ro Y. whhout dafalcatla4 b the. order of FIRST Ff:0ERA6 SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierp, Florida, the utrm of i 7' S~' ~ -with interest from dab at tM nb of 8.096 per annwn, M r~orsth)y insts4
menu es follows: ~ 72 • ~ on the 5th ~ ~ October lp 69 and a lib sum on tM correspatding day of each rpor-th their
sfter until the whole be fully paid.
Each installment first shall be spplied M payment of the interest and then on tM unpaid balance of tM prinapal sum. If .defavh b made M the
payment of any iratslMserst whore dui, sail such defwh contMues JO days, then at tM option of tM holder, and without srty otMr notice, all the remainng
installments shall be due aril payable at one. Privilege b given ro prepay thb rah M whole « h part et any tirile without penahy. Nei>_Fserbi~bearana,
nor saeptance by tM holder thereof offer say defauh M any payments hereon, sisal) be deemed extension. A late payment dsarg. of >) 3 ~ QQ .shall be
added ro esch Mstal4rsent remaining urspiid 7 days after its due date, and a -like sum shall be added ro sadti such intalMent nmainirg unpaid 7 days after
each suoaeding payment dab.
Esch makes. svroty sail endorser hereof, IoMtly and severalty, waive! demand, presentment protest and notice of protest f« naspaYmsnt, and further
agroes ro any extension of tune of payment, eitMr before « after matwity, without notice ro any of usj and ro pay all costs of collection, Mdsd'ug •
ressonabk attornet/s fee M tM event of arty defiuh Maunder, and herby wvarally waives ail benefit of itonssestcad and exemption under tM eontiMion
and laws of esch Stab of tM United States. es against this obligation « any- extension « renewal Mreof.
w'msess tM hand and veal of esch party. /s/ Alfred L. Kell
Y (SEAU
SEAL)
s )died W. Kelly fSEA~I
tsEAU
NOW, THEREFORE. tM MORTGAGOR f« tM purpow of severing payment of said sure of i 7, 500.00 , and ~ P ~ tM
covarsanls and agreemsMs hereinafter expressed. and f« divers good and valuable oonideratias, by thew prssents. does grant, bargain, sell, remise,
release. aonwy and confirm canto tM MORTGAGEE, in stroassas and assigns, all that otAaM lot, pbq « parcel of land, aitwb, (yirtg, and beLg M 1M
City ~ St . Lucie and Stm of fbrids, desus'b.d as follows:
The North 200 feet of the South 400 feet o! the Bast
340 feet of Out lot 17, of WHITB CITY SUBDIVISION,
according to a plat thereof on file in Plat Book 1,
page. 201, of the Public Records of St. Lucie County,
Rlorida; said lot lying in and colaprising a part of
the NBl~ of the Idi a of Section 4, Township 36 South,
Range 40 Bast,
R~E~ ~ IN PA.'HEr!T OF TAxQlj
Dt1E OR CUISS 'C INTA,'i~:etC 'ERS^C11L ?.'t0; ERTY,
PPt:S;;~.tiT TO CI'4PT-s: ;~~%' i, ,",!;i$ CF 1931.
ROG.R P01 ~ „~5, Cle, i< Gr:.u"t Court
as Agert for DANIEL N. KtfGWLES, 1jt:
St Lune County Tax Collector
Bp ,Inc
togetlar with all .rd sMgular tM tenements, hereditamaNS and apprrt.no.e tMreurtto b.lortgMg « M anywiw apperbMMg there% and all ruts„ Levees,
proceeds and profiri sowing .rd ro acorw Fran said prernNes, all of witidt are irtchrded M tM above .rd f«agoing deaaiption and habeadvn~.
TO HAVE AND ~if61r tM above desvibed and Qxamed premises unto /M saW MORTGAGEE, its wtxessore and assigns forever. And tM saki
kWRTGAGOR f« Min, executaa, admMbtrators and assigrs, hereby covenants with tM said MORTGAGEE, its wooe»ors and assigns,
chat they are Lawfully set:ed of tM wid prenttiws in fee sM-piej that tM came an free, char sail disdharged Fran all ibrts and ertasm~
bravoes M law « M equity, and tMn thta~_ will and their Min shall warrant and deferd the title ro tM same to tM satd
MORTGAGEE, hs woassors and assigns, f«ever against tM lawful claims and demands of all penorrt
PROVIDED. ALWAYS that ff tM MORTGAGOR atoll pay unto tM MORTGAGEE tM pranissorY note heninbef«e desa~ed and shill truly, pranptly
and fully perfonq, d'adsarge, exeMe, complete. canplY with and abide by each and awry tM gipulationa, ag-eeme<tta, conditions and covertartts d said
promissory rah sad of thb Nbrsgage, tlsen this AAortgsge and tM Ettab herby ueated sMll caaw and be rwll and void
R IS UNDERSTOOD that tM w«d "Mortgpor° wMtMr in tM sLgular « plural anywMre M this Mortgage, atoll be sitsgular ff one only and
shall be plural piYnly and severally ff more than orse, and that tM ward 't Mir' ere uaad anywMre b this M«tgage sMll be taken ro mean "hb." "hers,"
« •'its," wttarevar tM cortlext eo implies « edntits. Abo, that whertve- then b a refuerta M tM cownaNa and agreernartts herein comsMed ro airy of
tM parties hereto, tM same atoll be oonstrwd ro mean a well as tM Mire, legal npesentatiws, woassors and assign (ehher voluntary by act of tM
parties « Mvolurttary by operation of tM law) of tM same and tlwt tM covasents herein oontaMad atoll bind and tM batefite and sdvamapaa inure
to tM napactiw heir„ legal representatfvea, arooassors and ass!grs of tM parties heMO.
And said AAortgagort, for tlamwlws and their heirs, iegsi repnserttativa, suowaors and assign, hereby iointly aril severally coventaM aril agree
ro and with the said MORTGAGEE, hs ssroaaora and assigns
1. To pay all and sMgular tM principal and Mterest and tM various and sundry sums of ntorsey payable by virtw of wid prombeory nob, and tltb
mortgage, each and every, prarsptiy on tM days respectively tM same severally beoonta dw.
Z To pay afl and aMgular tM taxes, aswwaeMS, levies. IiabilhW, obligations and ertctrdtrartaa of every nature and kind now on said dewibed
proParb. « thM Mresfbr mey bt Mspoaad, avfMred, Placed, levied. « assessed thereon, « thN lM/eafiN may be levied « assessed upon this Mortg•
age, « /M ksdebtedstaes aewred hereby, eadt and every, when due and payab4, aooord'rsp ro law, before they beoonse delirtgt»ttt, and bef«e any interest
attaches « any penalty b Marred: ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL SE PROMPTLY SATISFIED AND OISCt1ARGED OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAi1SFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHALL dE PUKED IN TttE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMFNTt sad M tM evero that any thereof b not
paid, sat:sfld and discharged wid MORTGAGEE may at any time pay tM same « any part tisereof without waivwtg « affectMg any option, lien, equity «
.laht order « by virtw of this rarpage and tM full amount of each and awry such payment atoll be irwnedii+teiy due sad payable and atoll bear Mterest
kom tM dab thereof wail paid at rate Of rime per centsrsn per annwn and roger with such Mtarest atoll be secured by flee lien of this morgbge.
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