HomeMy WebLinkAbout2605~_.~
THIS INDENTURE. Mad( tM 12th day of
Donald N. S>iith and
t 183005
I1.0. 19 69 ~ b.ivw.n
t
of St • Lucie . OovMy Fleside. Ittreirttftst atsignatd ++ Hrt "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT -IHtCE. + corporation orgadsed and~x~rL,g urdtr tits taws of tM united S»aa of Amtrka and Mving in prMKipal place of
busirtas M tM Chy d Fort Pitroa, St. LsrcM County. Florida, Mrtatther designated a. tM "MORTGAGEE.~ .
WHEREAS tM MORTGAGOR k jueth- kdebttd b tM MORTGAGEE b tM sum off 15,000.00 , t>~ andawvf~l-money d tM tMited
States advanced by the MORTGAGEE unto the MORTGAGOR, u evidenotd by a certain pronNasory note of wen da» Mrewith, of whidt tM following fn
5 15 ~ a true copy. towvih '~ 15, 938
s 1 , wV • ~ ~ ~~ Sept saber 12 19 69
for valve reglwd 1, vw es ehlter of ue, pram151o p± _ 00 defalcation, b 1M order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Piero. Florida,, the sum of S QQp with interest from date at the ra» of 8.0 S6 per annun4 in monthly install-
menn as follow.: ~ 126.00 on tM 5th d+1- ~ NOVenber 19 69 and a tike sum on the corruportrW+g day of each month them
after until tM whole be fatly paid.
Each instalknent first shah bt applied in payment of the interest and then on tM unpaid balance of the prindpal sum. ff defauh is made h the
payment of any irotalkrnnt when dw and such defavh contLmru 30 days. then at the option of the holds, and whhout any other notice, all tM remaining
instaNmenn sisaU be due and payable at crap. Prhrilege is given b prepay this rto» in whole or M part ai' any time without penahy. Nehlwr farebearana,
nor aoosptanot b1- the hoWu thereof after any defauh 1n-arh- paymenb hereon. shall be deemed exterabn. A la» payment charge of i 6.30 -shall bt
added b each katal4nent remairdng unpaid 7 days aftw its due date, and a like sum shall be added b sad+ such irataikaertt rarnatning unpaid 7 days after
each cstoaeding payment der».
Eadt maker. surety and endorser hereof, jointly and sevirally, walls demand, presentment protest and notiq of protest for nonpayment, and furtMr
agrees b any extension of time of payment, eitMr before es after maturity. without ratios b any of us: and b pay all aosn of collection, tr-cluding a
reasonable attorney's fee to the lwnt of any detach Mreunder, and hereby uverally wahres all benefit of homestead and exemption under tM corutitution
and laws of each State of the United States, as against thb obligation err arry eztensigt es renewal hereof.
Witness the hard and feel of each party.
/s/ Donald N. Smith BEAU
fsEAU
/s/ Lora J. Smith aE,w
(SEAL)
NOW. THHtEf'ORE, the MORTGAGOR for tM purpou of securing payment of utd sum of S 15, 000' DO .and tM perfesmance of the
coveann and agreemenn hereirtaf»r expressed and fes divers good and vaiwbN oonsMerations, by Huse presents, does grant, bargain, sell, remise,
relesse, convey and oonfum unto Hn MORTGAGEE, its woassors end essigru. aU that certain lot, pivot err parcel of land. shw», lying, and beietg in the
Coun>y ~ St. Luci@ and Sts» of Fonda, d.evibtd as follows:
Lots 19 and 20, Block 2, DREAMLAND PARK SUBDIVISION, as per plat
thereof on file in Plat Book 7, page 38, Public Records of St.
Lucie County, Rlorida,•/
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1N ~ ~ pttUPERtY~
oK ix~ .~efa ~°
gs,;u" ~ cam. C1t:ft~ a~;~t c~""t~~.
~ erect {oT La
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together with au and sirqular the »rtartentar heredhsmasts and appurtarso.s tltereunb btiortgirtg es in arynwNe appertak~irtp thereto, and au rents, laws,
proceeds and profits aoaving and b acuue from said premises, all of whidt are irtch-ded in the above and foregoirtp deaviplion and h.b.ndttnt.
TO NAVE Af tJ e~OID the above daaibed and granted pranises urno the aaW MORTGAGEE, Ns successors and assigns forev+ar. And t!w wid
MORTGAGOR Fes D lr ~h,, executors, administrators and aaigra hereby aowrsants whh the said MORTGAGE. hs wcaaors and aaiprM,
thn they are lawfvity seized of the aid premises in fet eimpltt tits( the :ants are trey dear and disdtarged from all hens and artcterr
b.artoes in law es in equity, and Heat they wiU and their heirs shell warrant and deFerd the title b the urns b the acid
MORTGAGEE, its wooawrs and aasigra, forwer agtirtq the lawful claims and demands of all persona(
PROVID®. ALWAYS that ff the MORTGAGOR shall pay uruo the MCtItTGAGEE tM prorniaeory rw» hareinbtfon davRsed and shall truly. Promptly
and fuNy Perform, d~edtarge, exear», mmpleN, comply with and abide by each and very Hte stipulatioro, agreements, corditions and oovatann of aid
promissory note artd of this Mortgage, (hers this Mesgape end tM Esta» hereby treated shall case and be rttrll and void.
R IS UNDERSTOOD thH tM word "Mortgages" whether in the singular es plural anywMre in tMs Morgagt, sMN bt sY+gvlar ff one only and
shall be phial jointly and uvewlly ff More than one, and that the word "their"' as tread anywlMre in tIM Nbrtgape shall bt taken b mean "his,` "Mrs."
a "ice„" wMrevr fits cort»xt ao knplip es admits. Abo, that wMreves there M a reference in tM oowtWfM and agreements Main contairttd to any of
ill parties hereb, /M amt shall bt constraed b mean M vwll a tiff heir, legal represerstatives, Nroossaors and assigns (either wktntary by atl of tM
Partin a kwolttrttary by operation of ill lew) of 1M :amt and ties( the aorertartn harslet aomaintd shell bind and Fite benefit and advart»gts Mrrn
to tM rMptetht Lairs. I+D+I repreaerMativae, seooaeors and assigns Of tM Parties herNO.
And said Meslgegesa. for lhentaeives and (Mir IteYe. Itgai repnaerMatlvae. Mrooseors and aaigrM, hereby jointly and aeveraly covenant and agree
b and with 1M aid MORTGAGEE, ib ssrooeaaere and aaigrw
1. To pay aN and eirgdar Hit principal and interest and tM various and sundry sums of monty payable by virtw of aid prantssory note, and thN
mortgage, each and awry, pranptly es+ tM days resptcthwly tM amt aweragy beconta dut.
Z To pay aN and eirtgular tiff taxes, aaaesernarrts, lwieb NabllitiM, ablipetiorts and ancurnbranas of (very nature and kind now on aid deseribed
proptrty, or Hwt Mreaf»r may bt irnpostd suffered pissed IwMd, or aasesaed thereon, es thN Mreafter may ba levitd err aaseaaed upon this Morlg-
sttad+es a a to incurtedt ANDS INSOFAR AS ANY TffEREOF IS Off RKORD~THE~SAME SHALL ROMPriY SATE AND~aSCHARGED OF
RKORD AND THE ORIGINAL OFFICIAL DOCUAAENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAtISFACTION PAPER OfFiCLALLY ENDORSED
OR CERTIf1ED) SHALL !E PLACE IN THE HANDS Of SAN) MORTGAGEE WITHIN TEN GAYS NEXT AFTER PAYMEMj and in the want that arty thereof M not
paid, satisfied and disdnrged said MORTGAGEE may at any lima pay tM amt err any part Hwred whhout waiving es affecting any option, lien, eoiuhy «
.ipht under a by virtw of this ngrgape and tM full amount of each and ovary such payment shall bt imrnadiately duce and payable and shall boar interest
scan tM da» thereof until paid a rah of nine per urtharrt per arwwrn and Mr with such interest shall be secured by tM lien of th6s rrtorgtagt.
Bt179 ~~E2603
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