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HomeMy WebLinkAbout0363 185831 THIS INDENTI~RE, Made the IStT- d+Y of NOV@IDbQI - A.D. 19 69. between James A. Gatelv and G~vs M atpl,~,~ h; ~ w; fp af St . Lucie ~punty florids, her~i~+fta d~signstad ~s the "MORTGAGOR;' •nd FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION Of FORT PIERCE, • cwporation orpa~iud ~nd exii~~np unda tM laws of tM United St+t~s of Ameriu and Mviny iq principal pl+c~ of busines~ in tFw Ciry of Fwt Pierce, St. l~cis Cou~ty. Flwida, hertinafter d~sipnaled es tM "MORTGAGEE." WHEREAS tM MORTGAGOR is justly ind~bted to tM MORTGAGEE ie? ths sum of = 9~.~N •00 good and law{ul money of the United Srate~ advanced by the MORiGAGEE unto the MORTGAGOR, •s evidenced 'oy a csrtain promfuay note of even date herewith, of whtch ~he followinp in words and figures it ~ 1rw copy, to-wit: S~, 500.00 r,~, 16,054 ~o.~ P;Kn. F~«;d,, November 18 ~9~~ , Fot value received, 1, we w either of us, p?omite to p~y, without def~lcation, to the ordtr cf FIRST FEOERAI SAVINGS AIvD IOAN ASSOCIATION OF ~ fORT PIERCE at Fort Pierce, Fb~ids, the sum of S- Q_ =nQ - with interest irom date +t the rate o~~9'o per annum, in monthly instal6 ~ ~~.ents as fo!lows: =85 on the 1$th ~y of ~ariLiaY~_ ~q_~_ ~nd a like sum on the cwrespond~ng day of each month there- afitr until the whole be fully paid. Each installment first shall be app'ied in paYmeni of tM interest and then on the unpaid balance of the princ~pal sum. If defsult is msde in the rayment of any installment when due, aod such default continues 30 dsys, then at the option of the holder, and without any other notice, all the remaining ~~~srallments shall be due and payabla at once. Privilege is Qivee ro prepay this nots in whole w i~ pa?t ~t s~y time without penalty. Neither iwebearonce, ~~or atceptance by the holder thereof after a~y default in sny paymenti hereon, shall bc decmed extension. A Iste payment charge of :'4 •2 S shall be -dded to each inata~lment remaining unpaid 7 days after its dw date, ~nd a like sum shall be added to each such installment remaining unpaid 7 days after each s~cceeding payment date. Each rr.aker, surety and endwser hereof, joinNy and severally, wsiva demsnd, presentment protest and notice of protest for ~wnpayment, and further agrees to sny extension of time of piyment, either before a after maturity, without notice to any of us; and to pay all costs of collection, including s re~sonable attwney's fee in 1he event of any default hereun~de:, and hereby severally waives all benefit of homestead and exemption undet tFx tonstitutan r.~~o ?aws of each State of the United States, as agai~st this obligation or any extension w renewal hereoi. Witness the hand and seal of each party. ~s~ ~~~s A Gately ~aq ~ csenu t /s/ Gladvs I?1. Gately~ ~nu 1 (SF/W ~ 14.25 ) State Revenue 1 (Srampi c+ncelled on oriyi~a) note) NOW, THEREFORE, the MORTGAGOR for the purpose of secvring p~yment of said sum of S 9 • O0 , and tF~e perfo?mance of ths ccvenanta and agreements hereinafter expressed, and fw dive~s good ~nd vslwble tonsiderations, by these presenb, does grant, bargain, sell, rcmise, release, convey and confirm unto the MORTGAGEE, its succeuors and auign:, all that cettain lot, piece or parcel of Isnd, situste, (ying, and being in fhe County of S t. L uc ie end State of Florid~, dewib~d as follaws: . # ~ Lot 6, Block 1, IImIAN HILL.S ESTATES as per plat ~ i thereof on file in Plat Book 10, Page 32, of the ~ Public Records of St. Lucie County, Florida,• ~ ! I i ~o ~ ; RfCErvED ; ~ 9 i D'JE 0~1 CL•'LSS ~N PAYMFNT OF TU(~$ ~ ~ _ • , , . ~ . . . - . , 'C INTANGIBLE PERSGNpL PROPERiY, ~ i-' } L" L : . ~ ~ PI,RS;,ANT TO CHAPTER 20724. ACl$ OF ~ Dv.:LP:~P~ i,, ;T~:i~:~ FOG=R POITRAS 1441. ~ - > ` ~ , Clerk Court ~ o _ t.~,r b~ _ as Ager.t fot DAIVIEL N. Grcuit ~ 1~ i o o= ~~?~S, ~R s L•~ ccr.±~T~~~~ E:~~~~~'" = St luti Cour.ty Taz Coltector ~ ' ~ ~s~~~a _ ~ ~ ~ !-:L.. - - ~ ~ = a~~~s~s~. - - By a_`.c,`~ ~Q-c.~i~ ~ ~ ~ c.~t•~rr:o~~~~C'~~:' i 3 2 5_ o~ aERK ~ ~ ~~.19013S ='_~"r ~ - ~ ~ !ogether with all and singulsr the tenements, hereditsmenri ~nd appurt~nus thereu~fo beiongir+y or in anywise appertaininp therero, and all renri, iuues, ~ Froceeds and p?ofin acvuing and to accnx from s~id premises, all of which ~re included in ths +bove and fwe~oinp desuiption ~nd Mbendum. : ~ TO HAVE AND TO HOID the ~bow desaibed ~nd graMed premises unto the said MORTGAGEE, in svcceuort +nd auigns forevsr. Md thi~ said 1 ~ their i ~ FAORTvACsflR for - hein, executon, adminiitrs~ors snd suigru, hereby coveMnn with the said MORTGAGEE, i» succeasws and auiyro, ~ t~~ thev~_ ~awfully seized of the ss~d premises in fee simple; that the s~me ue free, cku ~nd dixh+rgad from all liens and ~rKVrr~ ~ brances in law w in equity, and that they_ W~~~ their heirs shall wsnant ~nd defend the title to the same to th~ said 4 ~ MORiGAGEE, in svccessors a~d auigns, forever apaimt the lawful cl~ims snd demands of ~II persons; ~ PROVIDED, AIWAYS th~t if the MORTGAGOR tMll p~y unto the MORTGAGEE the promiuory note hereinbefwe desuibed and shall truly, promptty <nd fully perfwm, d~xMrye, e:ecvte, compkte, comply with and ~bide by e+ch +nd every the stipulatioru, agrecments, tonditions ~nd ooven~nts of said ~ promisswy note and of this Mwtg+ge, t}~eo this Mwt9ape and tf+~ Estate hertby ueated shsll ce~se and b~ rwll and void. ~ IT IS UNDERSTOOD thst the word' "Nbrt9+gor" whether in the sirgular w plwal snywfiere in this Mortyaye, shsll be iirgulu if one only ~nd ~ shsll be plural jointly ~nd aeveraliy if mor~ than one, and that tM word "their" as used anyvrhere i~ this Mort9sg~ ~hall be tsken to mean "his;' "Mts," „ or "its;' whereva ths tonte,ct w implies or admits. Also, tMt whereva thae is s refaence in th~ tovenants snd syreeme~» herein containad to u~y of thr p~nies hereto, the same ahall be construed to mean ~s well as the hein, ky+l rep~ese~?tatives, wcceisors and auigro (either voluntary by ~ct of the parties w inrolunary by operation of the bw) of the same +nd that the covenanb herein contairxd shsll bind and the ber»fib ~~d advam~es inur~ a ~o the respectiw Mirs, ky+l r~presentatives, successors ~nd uuyro of the p~nies hercto. ~ Md tsid Mort9apws, far themselves snd tF?eir hs?ta, leya) reprtsent~tives, successors and auigns, hcreby jointly and severally covenant snd syree ~ ro ~nd with tM said MORTGAGEE, its succeiwn and auigm: 1. To psy all and sirgulu the prinap~l a~d interest and tM vsrian and wndry swns of money p+yabk by virtw of said promissory note, and this mortyape, each ~nd ~wry, promptly on tiw d~ys rapsctively 1M ssm~ s~wrally becane dw. 2 To pay all ~nd sinqul~r th~ taxa, aisessmenn, levies, liabilitws, obliy~twns ~nd encumbranus of wery natvr~ ~nd icind now on said described ~Y property. a that here~fier may be impo~ed, suffered. Placed. Iwied, w assessed therwn, or thst hereafter msy be levied or auessed upon tha MortQ- aye, o~ tM ind~btedrxss seair~d Mr~by. ~~ch and ~very, wMn dw ~nd payable, accadinp to bw, b~for~ th~y becorn~ delinquent, and b~fort ~ny G~t~rsst ~ artaches o~ ~~y penalfy is incurred; AND INSOFAR AS ANY TMERfOf IS OF RKORD THE SAME SHALL dE PROAAPILY SATISFIED AND DISCHARGfD OF - RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECfIPT OR THE SATISFACTION PMER OfFIC1AllY ENDORSED OR CERTlfIED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN D/t1fS-NEXT AFTER PAYMENT; ~nd in the event thst ~oy thereof is rat pa~d, s~t'sfied ~nd disch~rged srd MORTGAGEE may at •ny ~time psy the iame or ~ny parf thereof without w~ivirq o~ ~ffectiny any opYan, lien, eqvity a ';:3 •~aht under or by virtue of this mortyaye and the full smount of e+ch and every such p+ymeM sMll be immediately dve and payabk a~d shall bea~ interest frcm the date thereof until paid st rate of nine per ccntvm ptr srnwm and toge~her w~th such interest shsll b~ uwr~d by the liee? of tt~:s morgt~. . ~ ~ 600K 181 YAt;f c~~t3 ~ ~ _ - - - . _ ~ ~ _ ~ '~B-~-~~:.- t y x...,. ~ : _ r.Y~~ .