HomeMy WebLinkAbout0724 , . 186i2i
THIS INDENTURE, lNads the ~ 7th d~y pf Novemt~er ~ A.p. 19 69 ~~~„Y~~
_ Clarence R. May and 1?iarcia; L. May, his WT f_ _
of St_ T.tlriw ~ Co~nry Florida, htrtinaft~? d~signated ss ths "MORTGAGOR;' snd fIRST fEUERAI SAVINC'~$ AND IOAN
ASSOCtATtON OF FORT PIERCE, ~ corpaatio~ orpa~ised a~d exiqing ~nder tM (aws of ths V~~ted Stat~s of M~erica and iaving its uincipal place of
buiiness in tM City of iort Pitru, St. lucie Cou~ry, Flwida, Mr~f~ahsr dNiynN~d p iM "MO$iGAGEf."
WHEREAS the MORTGAGOQ is j~t11y indsbted to tM MORTGAGEf in the~sWn of =~'S~.~ good and lawful money of the Un~ted
Srates advanced by ths MORTGACaEE unto tM MORTGAGOR, as evids~ced by a cert~in promiuory note of evon :ate be: ewifh, of whuh the ~ollowinp in
words and figures is a trw copy, to-wif:
= 7,500.00 16,053
'~n P~«n. F~~d., November 17, 19 6~
For vatue received, 1, we w either of us, promiss fo pay, wifhout defalcation, to ~the~order of FIRST fEDERAI SAVINGS ANO LOAN ASSOCIATION OF i
FORi PIERCE a! Fwt Pierce, Florids, the sum of = 7 5~-~ p ~ ~
with interett from date at the rate of u`~ °b per annum, in monthly install-
ments as follows: on the ~ th day of J~ug~ 19~_ ~nd a like sum on the correspand~ng day of each munth there-
afrer until the who~e be f~ily paid.
Each inslallment first shall be applied in psyment of the interest and then on the unpaid balance of the p~indpal sum. If default is made in the
F~aymen? ot any installment wFKn dve, and such defautt conti~ues 30 days, then at the optio~ of the holder, and without any other notice, aIi the remaining
~„srallments shall be due and payable it o~ce. Privilegs is given to prepay this note in whole or in part at any time without penatty. Neither twebearance, j
nor acc tance b the holder thereof after an default in an p y ~ ;
ep y y y paymcros Ixreon, shalt be deemed extension. A late a ment char of i-t~__, shaU be t
added to each installment remaining unpaid 7 days after iri dw dafe, and i like sum shall be added to each such installment remaini~g unpaid 7 days after =
each succeeding payment date. ~
Each maker, surety and endorser hereof, jointly and severally, waives demand, p?esentment protest and notice of protest for nonpayment, and lurt}~er ;
agrees to eny exrension of time of payrrunr, either before a after maturiy, without notice ta any of us; and to pay all costs of collection, includ~ng a
~easonable attwney i fee in the evenl of any defauft hereundH, and hereby severally waives all benefit of homestead and exemption under the constitution
and laws of each State of the United States, as against this obtigation or any eztension or re~ewal I~e~tof.
Witnes the Fsnd and seal each rty.
• S (SEAU
- ~ ~ ~ (SEI?l)
~X"/"?XG e.C~ S (SEAU
( ~ 2~ ) Stste Revern?e
(Sramps uncelled on wiginal note)
NOW, iHEREFORE, fhe MORTGAGOR for the purpose of ~ecuring p~yment of uid sum of ; 7• 5~. ~ and the performarxe of fhe
covenents and agreementi hereinafter expreucd, and fa divert ~ood snd valuabte cauiderations, by these presents, does grant, bnrga;n, sell, remise,
release, convey and confirm unto the RAORTGAGEE, its wcceswn and ~uigns, all that certain lot, piece w psrcel of land, tituate, lying, and being in the
County of ~t - T l~~i e ~~nd Sut~ of Flwida, described follows:
Begin at a point ?95•36 feet North of the Southwest corner of SF34 of NE4
of Section 35, Township 3s South, Range 40 East; thEnce run East, and ?
parallel to the South line of said quarter section, to a point on the Easterly ~
right of ~ray line of Florida East Coast Rail~ay for the point of beginning
of the tract hereby described; thence run North~,resterly along the East
right of Way line of Florida East Coast Railway to a point that is 875•36 ;
feet North of the South line of said quarter section; thence run East, and
parallel to the South line of said quarter section, to a point on the West ;
shore line oE the Indian River; thence meander the ;~lest shore of the Indian
River in a Southeasterly direction to a point thereon that Would be
bisectsd by a Iine run East from the point of beginning that parallels
the South Zine of said quarter section; thence run West, and parallel to
the South line of said quarter section, to the point oF beginriing.
Together With all riparian rights thereunto appertaining but less and ex-
cepting therefrom the right of Way of South Indian River Drive.~
W S~ I-~ 1 C°- I" L U F-~ I UA RECEIVED s ls IN PAYMFJ'IT Of TAXES
DUE ON C[ASS 'C IKTANGtBLE PERSONAL PROPERTY,
c~ F OOCUMENTAo~ST~P.9P TA'~
~ Z _ ~,a r PllRSUANT TO CNAPTER 20724, ACTS OF 1941.
~ = It0Y25'69 ziY~`~~`J ROG~P,
o _ ,:~-A-" - POITRAS, Clerk Circuit Court
~ - ~ ~ 2 5~ as A ent for DANIfI N. KNOWLFS, ~R.
N COb!PTROILER g
P.B. ~9o~aa ~G,°' _ = St lucie Cour~ty Tax Collett~
~ ~~z ~
rogether with •II ~nd singul~r the tenements, hered~aments ~nd appurtar~ces r~evnro balagidp or in ~nywisE ~ppertainirg therero, ~nd all rents, issves,
proceeds and profib xauirg snd to ~ccrue from ssid premises, all of wh1d+ ar i i
TO HAVE AND TO HOID the ~bove described and yranted premises ~nto the ~id MORTGAGEE, its wueqdry ~sr~~ns forever. And tF+~ said
MORTGAGOR fw their he;n, exec~tors, administraton snd auigro, h.re5y oovs„~~n with ~M said MORTGAGEE, in svcceuors ~nd ~uipro,
rhat ~-e-~~-re - lawfully seized of the said premises in fe~ simple; tF?rt th~ s~m~ ~re free, ckar sr+d discharged from all fiern ard ~ncwrr }
brances in Isw w i~ equity, and that t~y will and their hein shall w~rrant and defend the title to the same to tM ~ald
MORTGA~GEE, irs succeuors u~d auipns, forever agairot tM lawf~l d~ims and dem~nds of all perwm;
PROVIDED, ALWAYS thst if the MORTGAGOR shall p~y unto the N10RTGAGEE the promissory note hereinbefore deWibed and sh~ll truly, promptly
and fuliy perform, d~uharge, execute, compkte. comply with and abids by each and every ths stipulitions, ayreemenfs, conditions ~nd covena~b of said
promissory rate and o! this Mat4aQe, t}xn this Morty~ye u~d the bt~te h~r~by aeated shill ~as~ and be nvll and roid.
IT IS UNDERSTOOD that the word "Mort 4
9apor" whether in the sinpular or plvr~l anywhere in fhis Mwtyspe, shall be si~y~lar if one only ~nd ~
shall be ptural joimly ~~d severally if mw~ tMe one. ~nd that the word "their" as uted anywher~ i~ this Nlortpap~ shsll be t~ken to mesn "his:' •'hers••
w"it::' wherever the contexr w implies or admits. Alao, that wherever tbere is a refercnct in th~ covenants ~nd sy~eements herein contained to any of
~he parties he~eto. tM same ah~ll b~ constrved to mean u well .as ths heirs, ky+l npresentstivea. ~~ccesson u~d ~ss;9r~ (either volunury by act of th~
panies w involumuy by oper~tion of tFw law) of ths sarne and that the covena~ts herei~ tontained shaA bind and the benefiq and adranfiyp inw~
to the respective hein. I~yal representatives, successors u~d usiyns of tFk puties hereto.
Md s~id Mwtysgo?s, for thems~fves ~nd their heirs, leyal represent~tives, s~cceuon and ~ssiyro, ixreby jointly and severally cov~nt and agree
to end with the ~aid AhORTGAGEE, in succ~uors ~nd sssiyns:
1. To pay all and sirgulu the p~incip~l and interest and th~ vsriovs and sundry wms of ~
Y espectirefy th~ wn~ s~v~rally becan~ due. ~Y ~Yable by virtue of said prom;ssory note, and this ~
mortp~ye, ssth and evsry, prompN on th~ days t 1
2. To pay dl and sirgvlu the taxes, as~essments, I~v'res, li~bilit~, obliy~tian ~nd sncwnbr~nces of every n~ture a~d kind ~ow on said described
P~operty, a that he+eahe~ m~y b~ ;mposad, wffa~d, placed, kvied, or ~a~ssed thereon, a that hKeafta m~y be levied w asses:ed upon tF~is MatQ-
age, a ti+e &~debt~de~ss aecured I~ereby, rad~ and ~very, wF~en dw ~nd payabb, aaordinp ro law, befor~ they becorn~ delinquenL and befor~ any intaes~
attaclxs or amr penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND ~ISCHARGED OF
RECORO AND THE ORiGtNAL OfFICfAI DOCUMENT (SUCH A5, FOR INSTANCE, 1HF TAX REGEIVT OR THE SATISFAC710N PAPER OfFICIAILY ENOORSfD
OR CERTIf1ED) SHAII BE PUCED IN 7HE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event thst sny thcreof is nol
paid, tat"sfied ~nd dixhsrged sa:d N10RTGAGEE may st any time pay the same a~ny p~rt thereof without waivin~ or effect7ny any option, lien, equity a
•~qht vnde~ w by virtve of this mortgape and the full amovM of each and every wch payment shall b~ irtunedi~tely dve snd psyabk ~nd shall besr interest
~.om the date thereof until paid at rate of n~ne per centum per aruwm ~nd together w~th such i Or~t ~?a~k~ ~V~'by t~~ of th:s morytpe.
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