HomeMy WebLinkAbout2984 i
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THIS INDENTURE. Mad~ th~ 16th ~y ~ Rebruary A,p. ~p 70 p~h„r~
Hubest I. ManQo and Dorothy M. Manao, his v?ife
of ~C1e Cp~1M ~Ip~i~i, ~1~?~(Mf1K d~sipnat~d at tl+~ "MORTGAGOR;' ~~d fIRST FEDERAL SAVINGS AND tOAN
ASSOCIATION OF fORT PIERCE, a ao?pa~tion orp~niz~e! and ~xi~tinp ue~r tM taw~ of tM t/nitd St~~a of Mk~iu and havln~ !ri ptlnclpal pl~ct of
businpa In !h~ Clty of Fat Pi~rn,, St. Lvci~ County. Florida, hKtinahK tiaipnatsd at tM "1NORTGAGEE."
WHEREAS tM N10RTG/1GOR b jwtly ind~bted w th~ MORTGAGEE in ~M swn of ~ 18 ~ lOO• ~ , pood ~nd lawful ma+ey of tM United
' S+ates ~dvanced by tl» MORTGAGEE unto ths MORTGAGOR, evidtnted by • c~rtain promiuwy ~ote of ~vM dats Aerwvith, of which ths folbwinp In
wwds ~nd f' t~ b a trw coPY. to-wil:
t ~ 18,1~.00 16,198
~ P~ F'ebzuary 16 1970
~ For valw received, 1, w~ or ath~r of ~n, promise to y, withwt def~lc~tion, to tFK ord~r of FIRST FEDERAL SAVINGS AN~ LOAN ASSOCIATION OF
FORT PIERCE al Fort Pierce, Florida, tM t~m of : 18 ~ wlth interest from date at the rale of 8• 5% p+r annwn, in monlhly Lutall-
258 00 25tt~ Aptil ~O
r„enn u follows: t • on th~ day of 19 and ~ like ium o~ the cwresp«~dinp day of exh month thNr
after u~fit the whofe be f~lly paid.
~ Exh instaUment fiint shall b~ ~pplied in payment of 1M intaest ~nd thcn on ~he ~~paid balance of ths princ~pal wm. If default h m~de in 1M
~ paymeM of any installmsnt when dus, and such default continues 30 days, thtn at the option of tM holder, ~nd without s~y other notice, atl the remaini~
~ ~nsuitments ihail be d~e ~nd payabk at onc~. Prnilay~ is yiveo to prepiy tha ~ote in whole or in paN at any fims without penalfy. NeitFxr fwebear~~+t~,
~ nor aasptance by the holder lhereof after any default in ~ny payments hereon, sMll be deemed extensio~. A late p~yment chary~ of ~ 7• 9O ~hall b~
added to eath installment rem~ininp unpaid 7 days ~her Hs dw dat~, and • tike sum ?MII be added ro each suth ituUllment ~em~ini~p uopaid 7 days ~itK
~ each wcc~edinp p~yment date.
~ EacA maker, surery and endwser hersof, jointly and severally, w~ives dem~nd, presentment protest and notice of protcst for no~payment, ~nd fuA~a ;
. egrees to ~+y ~xtension of time of paym~nt, either before w after maturity, without notke to a~y of us; and ro pay sll cosb of coll~ction, includinQ • j
` reasonabk attorney i fee i~ the ever+t of sny defsvlt hereunde~, and hereby ssve~~lly waives aR benefit of homestead and sxemplion w~dar tFN tonititution ?
~ and Iews of each State of the United State~, as apainst this obliyation a sny ext~~sion w ranewal hereof.
V ~tness the hand and a4s1 of each psrty.
\ /s/ Hubert I. Mango ~
/s/ Dorothy M. Mango ~
(sE~uJ
~ ~ 27.15 ) Stats Rev~nw
~ NOW, THEREFORE, tlw MORTGAGOR fw tM purpos~ of kcvring payment of s~id sum of s 18 ~ 100. ~O
~+~d tk~ pe?forma~a of tl~
covenanri and syreemen» hereinsfter enpreued, and fw ~ven ~ood ~nd wlwbl~ considerations, by th~ss presants, doss ~rant, barqsie?, sell, remise,
release, conwy and confirm u~to the MORTGAGEE, its wcus~ors and ~uyns, dl tMt carf~ia lot, piaa or parul of land, yit~at~, lyiny, and beinp in tM
County~'a( St . Lt1C le and Stat~ of Flwida, davib~d a followt:
Lot 1 and the West 22 feet of Lot 2, Block l, less the
North_5 feet and the South 20 feet of each of said lots,
PONCE Dfi LEON PARK SUBDIVISION, as per plat thezeof on
file in Plat Book 6, page 8, of the public record~ of St.
.t ~F tq.K
Lucie County, Florida, ~ U QA-~;•~-c•Fzo~~•
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togetMr with all snd ~irg~lsr tFN t~nts, Fweditamenh and ~ppurtanus tMrwnto b~lonpinp cr in anywis~ ~pp~rtai~inp tha?eto, and all rtnts, bsua+„ ~
proceadi and profits acwi~p snd to ~cnw fram said prsmisa. ~!1 of whkh ~n included in tM abov~ and for~poir~y daoription uid habendwn.
TO HAVE /1ND lO RIOtD the abov~ describ~d and ynnted premises ~nfo thr said MORIGACafE, its wcas~on and a»ipns lor~wr. :vN! !Ir said ~
their
MORTGAGOR for Min. ~xecutws, dministrators and auiyru, hereby cowninb with 1h~ said MORTGAGEE, its wooasors and awiprr, '
rh~t they dIe ~~,,,,~,IIy r~riud of tM satd prani~n tn te~ simplr, that th~ s~me ~n fr«, chu and d'uch~rpad from dl liens ~nd ~Kw~r ~
b„~es ir, 1„~, or i„ eq,,;ry, ,,,d tiu, thev w;~~ ,nd - their t
h~in shall warru~t and d~f~nd th~ titl~ b tfi~ s~em to th~ aW ~
MORTGAGEE, in wccesson and auiyro, forwer apaimt tFw lawful daims and d~mands of all peno~s: +
PROVIDEO, AlWAYS tMt if the MORTGAGOR sMll pay unto tht MORTGAGEE th~ p~omis~ory not~ twr~inbefon datribed ~nd shall MrFy, prpnptfy ~
and fully perform, di~lwry~. ~x~cvr~, comPlN~, canply wirh snd ibidt by ~ and ~v~y tM aYµwl~twro. +Dnemx?ts. conditiau and oov~nts of said
promiswry rab snd of this Mort9ap~, tl+sn this Mort~+p~ and tM ht~ts hereby v~ated sh+ll o~as~ ~nd b~ null and void.
IT IS UNDERSTOOD th~t tM word "Morty~yor" whetF~er in siegulsr w '
sFul1 be ~ P~w~l +^YW~ in this Mwipap~. ~Full be siepvl~r ff oe~ only and i
plwat joiotly u+d iever~lly N mon tlun ont, and that t!» word "thei~" ~s uud uiyrvM~e In this Abo~eyay~ sh+fl b~ uk~n to mean ••his,•• ••hers~ • j
or "its," wherwsr th~ oontsxt so imp~ies or admin. Alw, that w1w•~er there b• ref..eno. in rh. oo~?~n.nn «d .pr.~m.nri h.r.in oa?rain.d ~o u~y of ~
rh~ p~rtin hereto, the wn~ shall be caatrud ro me~n rs w~ll ~s tM h~Gs. ~p+~ represa~t~tiws. suoo~swn and ~ssipns (~BMr valvmary by ad a~ the ~
pirties a involunt~ry by op~rstion of tl~e law) of th~ sarrK ~nd tMt the covensnb htr~in comained ~Iwll bi~d and th~ bK»fits and ~dvantpa Lwr~
to tM r~~p~ctive h~in. Ipal nprosent~tiws, wa~sw~s and ass?y~n of th~ puY»s ha~to.
Md said Mortppas, for ttnrmelv~s ~nd their Min. Ipa) r~praent~tiv~s, s~cces~as sed ~ssiq~s, her~by jointty ~rd sewr~Uy oova?~nt ~nd pr~e
ro and with th~ aid MORTGAGEE, iti wcoes~ors and assipns:
1. 7o piy ~11 and sinpvlar tl+~ printipal uid inter~st ~nd the v~rioin ~nd wndry sums of mo~ey payabl~ by virtw of aaid prani~swy not~. a~d N?is
mortpap~. ~ad~ and twry. P~~P~Y on tF» d~y~ rsspetlively tM s~ wwrdly b~com~ d~r~.
4. To pnr alt ~nd sinpvl~r tM taxa, assasm~nb, bvi~s. IiabiliYw, oblgations and ~nuwnbr~nces of ~very natw~ a~d kind now an s~id dncrlb~d
prop~r~y, or that Ix~~aftK may be kr+pw~d, suffa~d. P~xad. Iwied, a aseswd thnwn, a tiwt ber~~A~r m~y b~ kvi~d a ~sNSSed upon Mis Mort¢
+9~, a tM indsbt~e» s~cund her~by, eacle and wary, wMn dw and p~yabl~. ~coordimp to law, befa~ th~y baca++~ .wlinqwnt. ~nd Mfor~ amr 4~tKwt
sttachss a aey pen~lty is incurredj ANO tNSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAlL 8E PROMPTLY SATISfIED AND DISCHARGED Of
RECORD AND THE ORICsINAI OFFICIAI DOGt1MENT (SIKH /15, FOR INST/1NCE, THE TAX RKEIPT OR THE SA715fACT{ON PAPER OFfICIAILY ENOORSED
OR CERTIFIED) SHALL SE PIACED IN THE NANDS OF SAIO MORTGAGEE WtTHIN TEN OAYS NEXT AFiER PAYAAEM; uid in ths ~wm that ~ny tiwr~of is not
pa+d, at':fied ane! dischar9ed ~aid MORTGAGEF inay at tny tirM pay th~ iam~ w ~Mr part tl»rwf without w~ivir+p w affectirg amr optiqn. IiM, pui~y or
•~pht undK or by virtw of this monyaye ~nd th~ full ~nount of euh and ~very wch paym~nt shall b~ annadiat~ly dw ar?d payaWe and thall b~ar int~rtat
~.om tlw date thereof until paid at .aM of niot per centvm pa ~nnum and top~ther w+th such intne~t ahall be setwsd by th~ li~n of 1h:s morptay~.
BOOK~~~ Pn~;E~~ Ib ~
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