HomeMy WebLinkAbout2494THIS INDENTURE. Made
~a ~ a.Y of w
tee and Geneva Yates
18291 ~~ bNween
of St • Tl.1lc e ~ Coueay Fktrida. haninaftw ~na~ a ~ "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation organitad and existing coder the (awn of the United Staten of Amerka and having its Principal pktce of
businea M tlta Chy of Fort Pierce. St. Lode cor,n-ty; fbrlds, hsreltafar dssign~ted w tM °MORTGAGEE."
WIIEREJIS tM MORTGAGOR is jwty Irtdabgd to the MORTGAGEE M tM sum of >)~ ~~ _ ~ ,good and lawful money of tM United
Stater advanced by tM MORTGAGEE w-to the MORTGAGOR, u evidenced by a certain promissory note of even date herewith, of which tl-e following M
wort and figures ss a true Dopy, to-wit:
: 4, SOO.00 Ng,_j~~9Q0
FDA Piercer. Florida. AuyyJ.st '23 19 69
For valve received, 1, vw or either of us. promise to P+Y. without defalution, to tM order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at FoA Pierce, Fkxida, the svm of S 4, 500.OQ -with interest Fran date at tM rate of 8.0% per amwn, M mouthy imtall-
ments as followu >; 55.00 an the ~- day of October , 19 69 and a I'ke sum on the corresponding day d eadt month (here'
after until the whole be fully paid. ~'
Each irotallraeat fiat shall be applied in payment of the interest and then on the unpaid balance of tM principal sum. If def~uh ti math ti 1M
payment of any installment when due. and such defwh continws 30 days, then at the option of the holder. and without any other notice..all the remainng
installMnb shall be dw and payable at once. Privilege is given W prepay thb note M whole a M paA at any tune without penahy. Nehhst forebearance,
nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of ~c:~-~ shall be
added to ead+ intalirnsnt remaining urip~ld 7 days after. jls dw date, and a like sum sMll be added ro sad+ such installment remaining unpaid 7 days after
each wooeedlg payment daM.
Each maker. surety and endorser hereof. jointly and severally, waives demand, presentment protest and notion of protest fa nonpayment, and further
agues to any extension of time of.payment, either before a after mawriry, without raYKe ro any of us; and to pay all costs of collection4 Mduding •
reasonable attorney i fie in rtes evenf of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the oontitvtion
and laws of each State of the United States, as against this obligation a any extension a renewal hereof.
Witness the huid and seal -of each party.
~[„a/ [`l ifttsn Yates (BEAU
(BEAU
i[,r~ t`~na Ya Ps (BEAU
{BEAU
~0o0909gEfilf~DC
NOW, THEREFORE. the MORTGAGOR far the purpose of secwirg payment of veld sum of S 4 ~S[~ • 00 ,and tM performance of the
mvensnls and egnements hereinafter expressed. and fa diver good and valwble considerations, by these presents. does grant, bargain, st14 remise,
release, convey and confirm unto the MORTGAGEE. hs wooessors and assigns. all tMt prtain l04 piece a parcel of land, silver, lylg, and being M the
County of $t. L11C3o and Stele of Fbride, desnrn~ed as fellows:
From the Southwest comer of the East '~ of the NE's
of the SW's of the SE~ of Section 19, Township 35
South, Range 40 East, run North 182 feet for point
of beginning, thence run East 220 feet to West line
of County Road right-of-way, thence North on road
182 feet, thence West 220 feet, thence South 182
feet to point of beginning,,
S. ~. L
~~ IN P!1^!F!!T Of TALES
DUE ON 'C INTANGIB! E FE'S! ".'.l P'0?ERfY,
P'd~;S:.A :'T TO CI;AP','R .'CT•', AC'S OF 1931.
foG-?, i'OITF.AS, GE:3c Cirw~t rcu:t
as Ajert for LJ`.iilEt. N. KlIGWLES. 1R
St. Lucie County Tax Collector
Bl- DEPUIY CLERK
together with all and slgular the t.nNmuns, Isreditaments and apptnAanoa tMrecxnw belonging or M anywbe appaASining thereto, and all rents„ haves.
proceeds and profits aowirg and to naive from satd prernhas, all of which are induded M the above and foregoing daaiption and Itabertdum.
TO HAVE AND TO HOLD rtes above described and granted premises uMO tM sold MORTGAGEE, iM wooessor and assign forever. Mel the said
MORTGAGOR for th c" r heirs, executors, administrator and assign, hereby covenants with tM said MCdtTGA(sEE, ire suxessors and assigns,
rhat they are duly fe1~ ~ the said premiws M fee simple) that the same an free, clear and discharged from all Hens and enwa~
Ixances in law a M equity, and th•+ thou will and their heirs shall warrant and demnd tM title to the same to the said
MORTGAGEE. its successors and auian, forever againt the lawful n9aims and demands of all persarst
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tM pranissory rate haeinbefon desvibed and shall tnrly, promptly
and fully perfornb dadwrge, execute, complete, comply with and abide by each and every the stipulation, agreements, condition and eovenannts of said
promissory nofs and of thh Mortgage, than this Mortgage and.tis Estate hereby crated shell cease end be rwll and void.
R IS UNDERSTOOD that the WOfd "Mortgagor" Wllftlner M the empcrlar Or plural arnywhM+e M this Mortgage, shall bf eMgular if one only and
shall be phnral joimy and awaaly if ran than one. and that tls word " t hey" M wed anywhere M rtes Mortgage shall be taken f0 mean "Ids." "hers."
or "its," vrlsrever the con»ext so implies a admits. Abo, that wlsrewr there h a reference M the covenants and agreements herein aomakted b any of
the parties hereto, the same shall be contruad to mean at well as the Mir, legal representatives, woosssors and assigns (either volumary by act of tls
parties or tnmroiwttary by operation of the law) of tM same and that the covenant hereto oomainsd sMll bind and the benefits and advamages kwre
to the respective Mire, krgal reprpenNathres, snxcestor and assign of tM parties hereto.
And said Mortgagas, for thamsehna and Chair hair, legal nprewntatMs, woosssor and assigns, hereby jokNly and severally cownanM and agree
ro and with the said MORTGAGEE, its wocessor and assign:
1. To. pay all and sMgular the prirKipal and interest and the vsriow and sundry sums of money payable by virtw of sand promhsory noN, and trnia
morpape, oath and every, promptly on the days respettivey tM same severally benx+ns due.
Z. To pay aN and singular the taxes, assessnna+ts, ktviee„ Wbilities, obligations and ernannd>ranass of ovary nature and kind now on said desvibed
property, or that Irersafter may be innposad, suffered, placed, hwied, ar assessed thereor4 or that Isreaher may be levied or assessed upon thN Morlg~
age. a the Mdebtedneas severed hereby, each and every, wham dw and payable, aooording b law, before they beoars delingwM, and befan arty k-Nntl
sttacFws or any penahy h Mcwred; AND INSOFAR AS ANY THEREOF f5 OF RKORD THE SAME SHALL dE PROMPriY SATISFIED AND DISCHARGED OF
RKORD AND THE ORIGINAL• OFFKULL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHALL dE PLACED IN THE IIAND6 Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof h not
paid, saY.sfied and dnsclnarged said MORTGAGEE may at am/ time pay the same a airy paA thereof without waiving or affecting any option, Ihn, equity a
.ipM under or by virtw of this mortgage and tM full amount of each and awry such payment shall be inwnsdiatey dw and payable and shall boar ltterett
hom the date thereof unKl paid at rate of nine per untum per arwwrnn and togNher with such interest shall be secured by tht lion of this rrnorgtsge.
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