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HomeMy WebLinkAbout0824 ~ ~ . 18389'7 1F11S INCENTURE. Mad~ ih~ ~th d~y oi S~DtQ~b~Y ; A.D, 19~.. balw~e? _ J~xriah R~ddick~ wlso kAOwn aa JgzQaiah R~;~~3~~~ nd Jslce RQddi~k__~,nd Daisy 6. Roddick~ his wi~o ~ of St - L~~ ' , County P1orW~. I+K~i~aAK d~ipn+ted a tM "MORTGAGOR." u~d FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE. ~ oorpor~tion apani~d +nd taistinp utwl~t fh~ lawi of tM Unitad Suta of M+Kfu and Mvinp tta princip+l plaa of bvsi~a~ in th~ Cit1? of fwf PiKa. St. lud~ Cax~tll. ilaid~ hr~Muftv dMipMtd a th~ "MORTGAGEE."' WHEREAS tM MORTGAGC)R is justly ind~bt~d to th~ MORTGAGEE M tIN ~um of = lO ~~0 ,~ood a+d lawful ma»y of thi Unit~d Suns ~dv~nc~d by th~ 1~10RTGAGEE unto tM MORTCsAGOR, as evid~nosd by ~ oMain promisso~ry ~wM of w~n d+b herw+ith, of which ths followirg in 10 QO • tw. wwtt: 15, 958 s • Fort PiKa~ Flo?Id~. S~pL~~bQI 1~ 196 For valw r~ceiwd, I, vw or N~Mr of va, promis~ ro pay, witAout d~f~lution, to tM ord~? of FIRST FEDERAL SAVINGS AND IOAN 11SSOCIATION OF FOttT PIERCE at Fwt Pkra. Florlda, th~ swn of ~ lO' with intK~sl from da» ~t ttw r~t~ of ~.Q% per +nnum, b+ ma+thly irataib ments ~s followu i~8 on th~ St~l d,y NovQaber ~ 19~_ u~d ~ lik~ wm on ths corr~spondinp day of exh nwe?th tl?ar aftK until the whol~ bs fully paid. Each instsllment first shall b~ appli~d in payment of tM Intuest and than on tl+~ unpaid bilanos of ths pri~cip+l w~n. tf defauh is msd~ in tM paymeot of ~ny instalun.r.t wMn dw. and wd~ d~fauh aontinu~s 30 days, th~n ~t ths opt~ of th~ holda. ~od wNhout a+y other +atics, all the rem~in'u~p insallmann sMll b~ dw and payaW~ ~t ono~. P~ivilepe is Qiwn to pr~y fhis ooM in whol~ w h put ~t ~ny tirtw witho~f p~nshy. PkitF~er forebwano~, rw~ accepta~cs by the holdet ti~wf ~her ~ny d~favh in any payma~h Fy~eon. ~11 b~ dae+n~d extN+sion. A late payment cM~ of sh+ll be added ro each insf~lima~t nmainiig unp+id 7 d~ys sfh? its dw daN, and a lik~ swn shall bs add~d to t~th wch installm~nt r~maininp w~psid 7 day~ after eath tVtuedug WYment daff. . - . E~ch m+ker. sunty ~nd sodorsa fiasoi. iointiy ~nd savar~lly, wsiws damu~d. prasenhnent prwest u?d notice of protest for nonp~ymeet, a~d further agnes to any ~xtens~on oF tim~ of payment, eirh.. befor~ or ~ha m~n,.iry, without ~otiu to sny of us; s~d ro p+y all oosb of collactian, h~clud'u~p a reasonabb atrorney's fee in ths event of any defauh l~wndK, s~+d lareby sever~lly w~ives sll benefit of Fwmestesd and exemptan u~der ths comtitution snd Iaws of each State of th~ United States, ss apainst this ohlipation a ~ny ~xbnsion o? r~n~wai herwf. WitnKS tM hand a~d-;ssl of each partp. ISI Jara~ ~~k~ alsn kne~tn A:~qq Jer~'~~ R4ddicks and Jal~_Reddiek ~q I~?U /s/ Daisv B. Reddick ~ 06tiD0i1~0m~iiCl@6D~@~QC . - Now. TMea~~, r~. MortTC~?co~ ~o. +h. ~,.po.. ofi ..c~+?kw wrm•m o~ ..~d at s~~ 50~.00 ,.~a +h. P..r«m.~+~. or covawnts snd pr~nb haein~ftK ~upres~ed. ~nd for ~vus ~ood and valwbM comidewtioea, by tM~ pnsenM. dws yr~M, b~rpaky sell, ramise, reless~. oonvey u~d oonf'vtn unto tM INORTGAGEE, i1s woc~stors tnd assipns, all tlwt a~rt~in lot, piw w puoel of land, situat~, lyinp, and beinp in fh~ ~o„„~y ~ St. Lucie ,,na s„» of F~o?id., daar~.a toUowu Lot 12, Block 2, accordinq to plat o! WilliQ _ ~z Jo2~son's Subdivision, on racord in the office ~ of tha Clerk of Circuit O~urt, St. Lucie County, ~Z~ ~ d~ly ~ ~ F'lorida, in deed book 111, pa?9e 555; said plat ~ ~ ' o , baing a subdivisioa of a part o~f the SIP~ of the ~o ~ z ~ . ~N V Y ~ ~ SB'~ of Section 4, Township 35 South, RanqQ 40 Z~ v x ~ V ~ ~ . ` Basl~ said plat bQia9 likswise on tii~ in Pla?t ~o ~ ~ o 0 Book 8, Pa9e 46 0~ tho Public Records of St. g~ J ~ Q o ` Luci~ Couaty, Florida?,~ °G°~ ~ ~ ~ m toperlw. witA ,0 .++a sirgu~.. d+. ta+anu+a. h...d'ir.m.et, .nd ,ppur«~a. tMnumo b.toeginp o. b.nywi~. .pputafninp thK.+o, ana .U nm:. asua. proewds and profin ~onuinp ard ro aarw from sald pner~. ~ll of wF~id~ w k~dud~d in tht abov~ ~nd for~poiig d~wiption and Fwb~ndan. TO HAVE AND TO HOID Hw abovt daviMd ~nd ~nM~d prani~s vnM th~ wid MORTGAGEE. ils suouaas and a»ipns forwM. Md t!w sNd NWRTGAGOR for the; T Mks, e~cKUto~s. +dminisn~wn and aa~ipns, h~nby oov~mMS with tM aid MOitTGAGEE, ia wooafon and a~ipir. th~y aure thst lawfvlly ~ir~d of tM wid prenwas h fK aimpl~s M~t th~ ~an» an frM, dw and di~cl~rp~d from all liuu ~nd ~ brances 6~ law w in ~quitY. and tMt wilt ared ~l~i! Iwks ~ll wmaM and drf«+d tM tltl~ b th~ uer» to th~ ufd MORTGAGEE, ita waessors ~nd assipro, fww~r apaGat th~ lawful clayro and dwnands of ~II p~torrt PROVIDE~. AlWAYS 1lat H th~ MORTGACiOR sh~ll pn? uMO the N~ORTGJIGEE th~ promh~ay noh Mr~W~fon davtb~d and ~11 truly. prompHy and fulh? Perfwm, d'adw~. ~x~tuM, ewnpl~l~, eomP~Y with and abid~ bY wch and w~y th~ stip~rlations. +pnerM^1s, ao~dNiau ~nd aonaw~b of said promissory noi~ and of Mds Mortpa~e, tMn N~is Nlorp+~ and tM bt~t~ Iwreby w~td ~h+ll oas~ ~nd b~ nvll ~nd v~oid. - IT IS UNDERS700D tFwt tlw word "Mwip+por' ~wirNwr h th~ sinpub? or plunl anyvrFNn in tlss Mwt~~pe, sMll be sinputar if a» anly snd siull b~ plwal ~ointip ~nd w+rKdly if nart th~n one. ~nd tMt th~ word 'Ylwir" a~ uwd ~nyMrlMn in thi~ llllwqap~ slNll b~ tak~n fo m~~n "hb." "hat." a'its."' wMrwer,tM conhnt w impli~s or ~dmits. Abo, th~t wlwnv~r that ia ~ hfaa~a~ fn th~ aov~rwnta aid aprNrrwrHS husin oom~Mwd b airy of tM pvtia Mnto. Nr snn~ ~11 1» oorotrwd to m~an ~s vwll a tM h~in. I~q~l npna~t+tiws. woonwn and asiana (~ittwr volvmary by act of tl» partia or imroluretaY b'V apastion of the I~w) of the s~ and that tl~~ co~rw~NS Fwnin wi~Lnd shall bind and th~ bwwfits and ~dvantap~s Mwr~ ro tlr rap~ctiw 1~ei~`s. Mp~~ npr~nt~tiwi. waasats and aa!pns of tlw parti~s Mt+e1o. , Md saW Morq+por~. fa t!»nadws ard tFMir hein. bD+~ npresNMativM. svoo~a~ora and awipr~„ FKnbY i~~Y and irwrdlr oo~wn~nt and ~pne ro~nd r~ith tiM s~id MORTGAGEf. its woon~ars and auipns 1. To p~y sll and sinput~? tM prinr3pd and int~rat and tM vuia+s and +undrY ~~~Y PsY+~ b'f~ virtw of said promiswry nob, and tN~ mortpap~, each and avwy. Pramptb on th~ d+Y~ rap~iwll? th~ sanr iwtr~lly b~oon» dw. Z To p~y atl and ~iegvlr th~ t+xa. ~senwiM. Iw1a. N~Wliti~„ obtiyatiom ~nd ~na++nbnnas of h~ry n~tur~ and kind now on s~W daaR~d " prop~rty, w thn ha~afnr msy b~ 6npowd, wH~nd. P~~ad. Iwi~d• or awswd tba~oA, a tMt MreaftK m~y b~ Iwi~d a assesNd upon tNs Allaq~ ap~, or tM i~d~bNdr~s s~asad IMnby, wch +no wwl?, wf+~n dw ~nd p~yabl~. +ooordin0 b law, b~fort thhr b~oomt delk~qwM. and b~fon an~? kM~at anach~s a a+M P~^+~h is incwr~ds MlD INSOfAR /?S /?NY THEREOF IS Of RKORD THE SAME SHALL !E PRWVWTIY SATISFIE~ AND DISCHARGED OF RKORD AND THE ORIGINAI OfFIC{AL OOCWNENT (SUCH A5, fOR INSTANCE, THE tAX RKEIPT OR THE SATISFACTION PAPER OFFICIALIY ENOORSED OR CERTIFIED) SHAtI !E PIACED IN THE HAND6 OF SAID MORTGAGEE WITHIN TEN CAYS NEXT AFTER PAYMEMi ~ tl+e ewnt MNt anp tf+asof ts na p~id, sat:sfi~d a~d discMrp~d uid MORTGAGEE may at sny tinM p~y the sMnt a any paA t~aeof without waivinp w affMirg ~nY aMion. ~iar4 ~q~ih or ~om tM dat~ t~Mr~ ril paid ~t r~ at~ n~'~ne ~full~a~nown of•M~ ~ every_ svd~w'tM w~d~ Kest ah+l~se~ ~d by th~ 1~'w~+, of ti~:s ~Imorptap~, imaat to~~jhK $(1Dt(~~ ~A6~ ~ ~ . - - _ . _ - ~ . :s~ ~ ~ ~ : _t ~ ~ f F< ~~~~r.~'~'~ a