HomeMy WebLinkAbout0139 / 1JV,1,~~ ~
~ 7HIS IN~ENTURF. N4ds iM lOt d,y of Rebruarv a.p. Tq
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' Jack e. Pnrtwr _ A s~„~~ e A~ul.t ?
of - Sti LtlC~e Cpynty flo~id~, hereinaf~e~ desgnared es tba 'MORTGAGOR," and FIRST fEDERA~ SAVINGS AND IOAN
ASSOCUTION OF FORT PIERCE, a cwporatan orgsniud and ex~ii~ny unde~ the Iswa of the: Uniied'St~ta~ of Americ~ ~ l~aving iri principai pla,.-e ~
b~iinas in tM City of Fon Pixco, St. luci~ Cwnty, Norida, turrinafrer desig~sted a~ the "A~tORiGA~~.; ~ '
VYHEREAS ths MORTGAGOR is justiy indebted b the MORTGAGfE in the sum of S g~~OR~~ 3 goo
1 and tawful money of the Un~ted
Statq advanted by the MORTGAGEE unto the MORTGAGOR, as evidencad by a certai~ pro:nissory note of even date herewilh, of whith the followinp in
words u~d fiyures is a true topy. to-wit: •
S 8~~•~ nto_ 16? 8d
Fo~r Q~~,~.. Florlda. Februarv 10 19~~,
Fw vdue received, 1, wa o?~sithe? of u~, promise to psy, without dofaication, to the o~der of FIRST fEDERAt SAYINGS ANO IOAN ASSOCIATION OF
' fORT AIfRCE st Fp! Pierce, Fb~ida, the svm of = 8l~~~~ w~th intt.:st from date af the rate of~i~..96 per annum, in r:wnthly install-
menri as followu on tha ~2~1. day of , r~h 19~Q._ and a like sum on the correiponding day of eath mo~th there-
~ after unt:l 1he wAob bs fully paid.
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Each irtstallment first sh~ll be applied in paymeM of the intar`ei{ and ti~en on ,
the unpaid balance of the nrincipal svm. If deiault is made in the
payment of any installment when due, and svch defavtt comi~ues 30 da~s, then at the opt~on of the holder, and withe~t any other ~otice, all the r'maining
~nstalk?k~ts shal! bs dve a~u! psyable at once. Privitege is given to prepay this Rote in whole w in part at +~.~y t~me withovt peoslty. Neitht~ forebearance,
nor ~tceptance by the holder lhereof after anv default in any payments h?reon, shatt be deer~ed extension. A late payment charge of 5=..~-., shall bs
added io aach irtata!lmant rtmaining unpa;d 7 days after its due date~ a~d a like sum sha11 be added to eath such i~stallment remaining u~paid 7 days aftel
each succ~edinq payment date.
Ead+ r.+~ker, surety and endorser hereof, jo7ntly and severally, wa~vrs demand, preientment protest ar*d ~otice of proresf fw nonpayment, and fvrther
agrees fo any extensan of time of paymxnf, eirhe? beiore or aiter ~r,atur~ty, w~~hout not~ce to any of us; and to pay all coats of collection, includirq a -
reaaonsble anorney's fee in the event of any default hereurxkr, and hereby seve~ally waives all benefit of homasread and ex~mption under the corutihriion
and Isws of eath S~ate of Ihe Uniied S~ates, at against this obttgation or aoy exrension oa renewal hereof.
Witnes~ the hsrxi and seal of each pa~ty.
~]ack A _ Psrt,gr _ ~p
" A Single Adult ~q
,
1
~ 12.00 ~ st.rr eeve~w. ~
(Stamps cancdlad on oriyinal note) ;
NOW, THEREFORE, the MORTGAGOR fo? :he purpose of securing payment of said sum of s 8~~~•~ ,~nt! the performa~ce a; th~
co+enanb and ~greemeMS hereinailer exp~essed, and fw divert good and vatwble considerations, by tFKU preunts, does prant, bar~air4, sell, remite,
releast, conwy u~d tonfirm unto the MORTGi1GEE, its succe?sors a~d aui9ns, all that certain bt, pieta ot parcel of land, situata, lyinp, and bsinp in ths ~
Ca+nb of St • L i1C 3'6 and Stats of FlorFda, dex.ibed ~a followa:
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Lot 3, Block 29, RIVER PARK, UNIT #3, : i
i~
as per plat thereaf on file in Plat
~j
Book 10, Page 80, of the Public Records ~
' of St. Lucie County, FZorida, ? ;
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RECEIYED IN PAYMENT OF TAXE3
DJE ON C[J1SS 'C INTRNGBLE P6RSCHAI PRGPERiY.
_ = Pll~St:ANT TO CtiAPT~R 20724, ACTS OF I941.
w} j- C°F t- L tj !--:1 i~ A f;CG~R POITFJ~S, Cteric Circuit Cau~t _
DOCUMENTAs'_~STAh~~!~_ as pgent fat DAt~IEI N. KNOWtES, 1R =
~ Z = 9'70 ` =
_ FFBi St Lucie Couniy Tax Coilector
o ~ ~ Z~~~ . ;t
E~ .r " ~ ~J ~
~ V COMPTRQLLER ~ , g ~ ~ ~j~ ~ i '
N j~B.190138 l DEPUiY CLERK t~
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together with all arid singula? the tenements, hered~taments and appu?tances thereunto be{onging w in snywise ~ppertainirg thereto, ~nd ~II reori, issties, i
procteds ~~d profib acuuing and to accrue from said premises, all of which ue included in the above and fweQang destription u~d hsber~dum. ~
TO HAVE AND Tp HOLD the above described and grsnted premises unto the said MORTGAGEE, its successws and ~uiyns forevu. Md tfw s~id
MORTGAGOR fer - hl~ ti heirs, executon, administrators and assigns, hereby covenants with the said MORTGAGEE, Ns wcceuors ~nd astipns, i
rhsf he 15 lawfully seized of the ssid premises in fee sim 1e; that tF~e ume sre free, tleer ~~d dischar 4
p ped from aN liera and ~
bra~ in law ot in equity, and thst he wili and b1S ixin sFwll wxrant and defend ths titls to the sam~ to tlw s~id : k
IAORTGAGEE, its succeuors +nd assigr», forever apainst !he lawful dsims and demands of all perioru; }
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PROVIDED, ALWAYS thst if the MORTGAGOR shall unto the MORTGAGEE the r
P+Y Promistory not~ hereinbefore described ~nd shall trv1Y. P?~P~~Y ~
~and fully perform, discharge, e:ecvte, compkte, comply with and abide b~ each and every ~he atipviations, agreemenn, conditioro ar+d corensnts of s+id
promissory note and of this Mortgage, then this Mortgage and the Estste hereby created shall cease snd be nvll and void. ~
!T IS UNDERSTOOD that the word "Mortgsgw" whether in the singular or plural anywhere in this AAatgsge, shsl) be sirgvlu if one only and ;
shall be plural jointly and severally if more than o~e, and that the word "theu" as used anywhers in this aAortgsge shail be tsken to mean "his," "hets,"
or "iri;' wherever the conte~ct w impliea a admits. Also, fF~at wherever there is a reference in the covenanri and agreements herdn contained to any of
the p~rties herero, the same shall be construed to mean as well as the hein, legal representativa, ivccesson snd auigns (eithe? volontary by act of fhe
parties a involv~tary by operation of the law) of the same a++d thar the covenann Fxrein contaioed sF?~ll bind and tl~e bsnefiti +rw! advsnts9ea itwn
to the respective heirs, kg~l representatives, successo.s and asrgns of fhe panies hr.eto.
Md tsW Mortgagors, fw themutves and their hein. IeQal represematives, s~ccHSws and auign~, hereby jointly and sever~lly cavenant ~nd apree
to m! with the ~aid MORTGAGEE, its successws and assig~s:
1. To pay ~fl snd singutar tlx printipat and interest and the various and sundry avms of money payable by vlrrtee of said promissory ~ot~, and thi~
mortpspe, esch and every, promptly o~ the dsys respectively the same severally become due.
Z To piy all snd sing~lu tt+e taxe~, usessmenn, Ievies, liabilit~es, obligations and encumlxances of every nat~re snd k3nd now on said dswib~d
propetty, a thet hereafter may be imposed, suffered, placed, levied, or assessed ihereon, or tha? hereafter may be lsviod a as~eas~d ~pon tNs Morlg
ape, or ths ind~Wedneu secvred hereby, ~sch snd every, when d~e and payable, aawdir+g ro law, befwe they become delinqw~t, ~nd 6~fwt any 6~ta~st
attaches or sny penalty a incurred; ANO INSOFAR AS ANY THERE~JF IS Of RKORD 1HE SAME SHAIt BE PROMVTLY SAT(SftEO AND DISCHARGED Of
RECORD ANO THf ORtG(IYAI OfFtC1At OOCUMENT (SUCH A5, FOR lNSTANCF, THF 7AX REGEIPi OR THE SATISfACT10N P/1PER OFfICIAILY ENOORSED
OR CERTIFIED) SFIAII BE PtAGED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT; and in the erent that ~~y Nro?eof b nor
paid, faYsfied and dischsrged sa:d MORTGAGEE may at any time pay the same ~ any pari thatof wirhovf waiving or affectir~ any option, liM, eqvity ot
•+qht wKler a by virtve of this mortgage and the full amount of each snd every such payment shall be immediately due and payabk a~d shall btar interest
~rom the date thaeof until paid at rate of n~ne per cenrum per annum and t ether w~th iuch interest thall be secwed by the (ien of th:s rtar9tay~.
eo
x 183 P~ ~39 .
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