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HomeMy WebLinkAbout2982 18~~~;~ 16th FebxuaYy 7O THiS INDENTURE, 1Wd~ th~ day of A.D. 19`.. betwNn Willia?~ F. Bzell and Judy I. ~ ell. his wife of SL, Lucie CpM~y Flored~. l+K~inaftK dttiynated as tM "MORTGAGOR," and FIRST FEDERAI SAVlNGS AND IOAN ASSOCIATION Of FORT PIERCE, ~ corporation wpartiud ~nd ~xNtinp undK fM (avw of th~ lMird St~t~s of Arr~ica and MvInQ Iri principai plau of busin~ss in f!w City of Fort Pi~rc~, St. luci~ Co~nty, florida, hH~inahK clalqnat~d ~a tM "MORTGAGEE.° WHEREAS tM 1V10RTGAGOR is rl ind~b»d ro th~ MQRTGAGEE in 1M awn of ~ 16 ~ . i~ Y • , pood and lawful maxy of tht United States advsnced by ths MORTGAGEE ~nto tlw MORTGAGOR, as evid~exed by a cKtain promiasory note of wen daro herew~th, of which the foJ~owinp ir~ wwds ~nd fgwe~ a a uw oopY. fowit: s 16,000.00 ~16,197 ~ P~.~.. F~«;d,. Rebruary 28 1970 Fw value received, 1, we a eithe~ of ut, promiss to p~y, without defalcation, to th~ wdar of FIRST FEUERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fo~t Pierce, Flwida, the tum of = 16 s • O0 with Interest from date at N+e nle ol~~_46 pw arusum, in monthty insial!- 139 00 15th April 70 ~ ~r,ents a~ follows: Z • o~ the day of ~ 19 snd ~ IiR~ ium o~ tM cwresporxi~rp day oF each month the~r efrer until rhe whole be (vlly paid. ' Euh installrr~nt tint shall be applied in p~yment of ths inte~at and then oo the v~paid balance of the principal sum. If default K mad~ in th~ paymcnt of any inttallment when d~s, and such defa~tt continue~ 30 day~, th~n ~t the option of tFr holder. ~nd without sny other notice, sll ths remaininy ~nsraUments ahall be d~e a~d payabk at oncs. Privila~ !a piven ?o prpay this rats in whol~ w in p~rf ~t any fime without penslry. Neifher facbeuanc~, nor acceptante by the holder lhereof aiter sny default in ~ny payme~b hereon, shall be deemed extensio~. A late paymem charg~ of s 6. 95 shall be added to each installment remaininp unp~id 7 day~ ahK ifs dw d+te, and a like sum shall be added ro e+ch iuch imtallmer?t remainirg vnp~id 7 daya aRer each succeed~ng payment d~to. . Each m+ker, surety and e~dorser hereof, jointly and xver+lly, waives demand, p?esentment protest and notice of protest for nonpaynxm, and further agrees to any extension of tirtK of payment, either before or afta maturity, without notice to any of us; and to pay all costs of collection, includinp a reasonable attwney's fee in the erent of any defa~tt hereunde~, and hereby severaNy waives aq benefit of homestead and exemption under tlk constitution and Isws of each State of the United States, as against this oblipetan w any extens~a+ w renewal hereof. Witness the h:~.d sod seal of each party. /5/ Willlam R. EZell ~,w csEnu /s/ Judy I. fizell ~U ~ 24.00 i st.re aev~rw. ~ NOW, THEREFORE, the MORTGAGOR for tM purpoie of securinp paymMt of ssid sum of = 16 ,~nd y~e pMfwmancs of ths cove~anfs ~nd apreemenfs I+treinsfta exptessed, and fw d'+ven yood and wlwbb tonsidewtio~s, by thew ptesents, does yr~nt, baryain, sell, remise, relesse, conwy ~nd conf~rm unto the MORTGAGEE, its succeuon ~nd +ssig~s, dl that certain lot, piep or p~resl of land, situat~, tyin~, and b~iny in ths ~o„~ty ~ St . Luc ie ~.nd Srar• of Pbrida, d.ur~ed .s foltows: All of Lot 3 of i~JBLEGpRD' S SUBDIVISION of a part of Lot 3 of RUSSEL.L'S SUBDYiIISION~ as pez plat thereof•on file in Plat Book 1, at page 37~ of the ~ pubiic records of Saint Lucie County, Florida, together with all riparian ~ rights appurtenant or in anywise appertaining or belonging thereto. LESS AND EXCBPT a parcel ~aore particularly described as follows, to-wit: ; , Begin at the Southeast corner of Lot 26 of Ocean Boulevard Park Subdivision, ; as per plat thereof on file in Plat Book 7, at page 18, of the public records of St. Lucie County, Florida, and thence zun East along the North line of ~ said Lot 3 of Koblegard's S~bdivision, 494.12 feet to an iron pipe; thenc¢ tuzn and run South 60 feet to an iron pipe on the South line of said Lot; ~ thence turn and run West along the South line of Lot 3 to its intersection ` with the East right-of-way line of F.E.C. Railway; thence, run Northwesterly along said East right-of-way line to its inte~section with the Nozth line of said Lot 3; thence run fiast along the North line of said Lo L~~ ~point of beginning, ? FfCE't~r~ , G~E ~N Cl~1=S `C Ih7k'~~tB ~N PAi'IVi4'Z' CF TAXEc ~ .~J1 ~~f-~. t" L. '...J i: ~~~1 Pc.'i'S.,~11!1i TO CF'.R?7'R 2G7 4E FE`'SChAi PROPE°Ty, c~ ~ DOCUt~1EPJTA___ ~Si-E1N~. _ u ~~.X RO~~R PO1;Pf,S, Cierk Circu:t Co~~{ ~F ]341. ~ = FE817'7~ f~'~,;~ <f = ~ AZ~^t fot DAtilEl N. Kt~OtYiF R ~ e°.~ _ 2 4 ~ St Lucie Ccu,;t~ Tax Coilecfot , tn COMPTRQLLE43~,,,~, - - PB.190133 =-~`O-~=%'p By ~ C~ ~Z ~ togetl»r with al) and urgul~r ths tenemenn, hereditamen» u~d appurtsnces therwmo bdonpirg o~ i~ N?ywis~ appertaininy tMrtto, ind ~iF~1~1'~, ~i{~i1K, proteeds and profin acaui~,q snd w accrve from said premisas. all of whicfi are included in the abov~ and ~ iwpanp dsuription and F~+Mndurn. ~ TO HAVE AND TO HOW tM above described ~nd 9nnted premaes unto ths s~id MQRTCsAGfE, itt sucu~sat and aasip?q for~vp. And thr ~aid MORTGA R fa Mirs, ~xecvton, adminntrarors arwl aa ro, her their ~y ~y ~ny MpRTGACsEE, its woaswn and asipro, ~haf - t~°iey are ~.,,~,~~,n .~u~a ot rh. ,~~d Y P?~+~a in f~e abnpb: tMt tFr wn~ an fr~ c4ar and diul+~rp~d from ~Il liara and ~nc~nr bnrxes in law a Fn eqvity, and thst they vrifl and their ~II wmant and d~fend the titl~ to the s+m~ to th~ wid MORTGAGEE, its s~ccessors ~nd ~ssipns, forever ayainst the bwfvl cl+ims and demands of sll penomj ~ PROVIDED, AIWAYS th~t if th~ MORTGAGOR shall p~y u~to th~ MORTGAGEE tfK promiuory not~ her~inbefore d~wibed and ahaN trufy, promptly } ar.d fulty perform, d~uhar~. ~xecute, complete, tomply wirh ind abide by s+ch and every tiw stipulatiora. ~yr~ert~nts, conditian r~d cov~rNS of said ~ promis~bry not~ ~nd of this Mortys~e, tTMn this Matgsy~ aod tM Estau ha~by cnated shall cea~e and b~ null ~nd void. s IT IS UNDERSTOOD that th~ word "Mort~aQa" wi»ther in the sinpular or plwal anywher~ in this Mortpap~, sh~ll b~ sinpu(ar if on~ onty ~nd ` shsil be plwal jointly ~nd ~everdly if mor~ th~n on~, and thst th~ wwd "ti~eir" p Nild MyYYF1ll! Ifl tlfq AAOIt~~f ~FNII I10 bI[t11 t0 R1fM •'h4,•• "h~rs•• ; w°in;' wherever tFK oontext so implies or admin. Also, that wh~?sver tha~ b ~ r~fere~n iA tiw wvernms and ~esm~nq lyrei~ coeuirnd to any of j the parties h~r~to, th~ s~me ~11 b~ coratrued to rn~~n u vwil a~ N+e heirs. I~yal repnseeuatiwr, wocesson and us'gns (~itlwr v~oluMary by ~p of the pani~s a lnvoluwtup by op~ra~io~ of the law) of th~ sartK and that the cove~b herein oomiuwd sh+ll bind and th~ b~mfi» u~d dvantpa irwn ` to tM rsapectiw heirs. I~qal r~pres~nt~tiws, successon a~d ass~m of tM puti~s I?ereto. ~ Md s~W MortQsqws, for tMm~lv~s ~nd their heirs„ Isyal r~prssantatives, succsuors snd ~uipm, hereby jointfy and s~v~r~Uy wwnant ~nd ~yrse to ~nd with tfK said MORTGAGfE, Hs svocesson and auigm: 1. To pay ip ind sinp~l~? tiw princip~l and int~rest and tM vuious ~nd wndry sums of nwrtysqe, each and ~wry. Pron+Ptly on th~ da TO^~Y WYabb by virtw of s~id promiiwry not~, and thh ri ~~sPectiv~ly th~ ~am~ sw~~dly MconN dw. 2. To pay all ud sirgvbr tFr taxas, usesumnn. Iwia, liabilifies, oblisations W+d ~ncwnbrano~s of ~ props~fy~ Of fFNT FltfNftK ina b~ wKY n~fur~ and kind now on qid dtaartb~d Y ImPw~d, wffKad, Maud, Iwi~d, or ~aessed tM?~on, or tMt h~r~aft~r may bs levied or aseswd upo~ Mis Mort~ a9e, a tM indebt~dness secw~d her~by, exh and ~wry, wFwn dw ud pay~ble. ~ocwdirg ro law, befon tMy bacar~ delinquent, and b~fw~ aiy intMast anaches or aeyr penalty is inturred; ANO tFi50fAR AS ANY THEREOf IS Of RKORO THE SA1NE SHALL !E PRWNVILY SATISFIED AND DISCM/1RGED OF ~ RECOR~ AND THE ORIGINAL OfFIC1Al DOCUMENT (SIKH I1S, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICIAttY ENOORSED OR CERTIFIEO) SMII dE PUCED IN THE MANDS Of SAID AhORTGAGEE WITHIN TEN DAYS NEXT /1FTER PAYMENT; a~d in tl~e eveM that a~y tMrwf is nor ~ peid, s~t:sfied and diuharQed saEd MORTGAGEE may at sny time p~y tlN sanr or any part ?har~of without waivirg w affectinp any option, lien, puity p ~~oht unde. o. by virtve of this morty~ys and the full amwint of each and every wch paym~nt ihall be immediately dw ~nd p~yable and shal) bNr i~t~r~st ii ~.om the d~te thereof uMil paid ar .ate of nins per cenwm p~r ~ ~ R top~ Fw with wch in` et~ ahaU be secwed by the l;en of th:s morpt~. ~ BOOK 1~~ Pi~~E , _ , _ ~ ~ _ -