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HomeMy WebLinkAbout0267 - ~9C2ai mis iNOe+vTUaE. Ma~ :h~ 19th d,y of F,~bruarY -,...-_--r--_.... A.cL t9 be?w.«, Charles C. Woolard, Jz a~,d,_Jp~n R Weolard~ hig .ife ~ ~ of SL _ LliCl(~ ~ , Cpy~~y florid~, hN~iMfta daiynited a tM "MORTGAGOR," snd FIRST FEC~ERAL SAVING$ ANO IOAN ASSOCUTION OF FORT PIERCE. ~ cwpaetion o~yaniud and ezi~~inp vnd~~ fhe laws ot th~ UniNed St~qi of Am~ric~ ~ed Iwvinp in principal pisc~ of businas In tlM Ci1y of fort PiNCt, St. tuci~ County, Flwida. I+atinahw dsaipn+t~d a tM "MORTGAGEE." WHEREAS tM MORTGA('sOR is ~atly i~dsbt~d to ti+~ MORTGAGEE in tM wm of ~ 2Ot~~• ~ ~ood and lawful money of the Un~ted States adra~ced by ths MORiGAGEE unto tM MORTGAGOR, as evidenced by ~ cKtain promi:sory rate of even date hs.ewltly of which the followinp in wads and figwes fs a trw oopy, fo~wit: i 20,000.00 ~_16.202 w.~ w.,~.. Fi«~d,, Rebrua,ry 19 19y~ fa valvs received, 1, we or eitMr of vs, promise to pay, withouf defslutior+, to the wder of FIRST fEDERAI SAVINGS /lND LOAN ASSOCIATION Of FORT PIERCE af Fat Pieru, Fbrid~, the wm of = 20~~~•~ with inte~est f~om data af the rate of 8~5'~ per ~nn~m, in monthly instal!- menn ~s follows: = 174•0O on tF~e 15th ~y of ~~2r12 19~Q and a lik~ sum on tM car~ipond;np day of each month tMrr afrer unfil the whote be tully piid. Each inttallmenl fint shall be applied in psyment af the interest and then on the vnpaid bals~ce of the priecip~l sum. If default is mads in ths ~aymrot of any installment when d~e, and such def~ult continues 30 days, then at tF.e option of the holder, and withovt any other notice, all tt~e remsin~ng ~nsreltrntnts shall be due and payable at once. Privilept is Diven to prepay this note in whole or in pan at sny tims witFwut penalty. Neithe? forebear~nce, nor sccepfance by the holder thereof after any default in ~ny paymcnri herco~, iFmll bs deemed extension. A bte p+yment charge of S 8• 7O , thsl~ b~ added to rach installmc~t remaininp vnpaid 7 days af1K ib dw dat~, and a like wm shall be added ~o each such instatlment remaininy unpaid 7 dsys aher eath t~cceedirg payment date. Each maker, w~ey and endorser he~eof, jointly and severally, waives demand, preseNment prolest and notice of protest for nonpayment, s~d further agrees to any extension of tims of payment, either bafors w after matwity, without notice to any of us; and to pay all casts of coltection, indudinQ a reasonab~e attw~ey i fee in the svent of any default hereu hereby sevenlly wsives all benefit of homestead and exemption under tl+e constitution and laws of each State of the United States, ss against this o w ~~y exteruion o~ renewal hereof. Witness the M~d and ,seal of each party. _ /s/ Charles C. Woolard, Jr. ~U ts~?u s Joan 8. Woolard ~ ~ 30.00 ~ Sr~t• aevenw (SEAU NOW, THEREFORE, the NtORTGAGOR for the p~rposs of secvrinp payment of aaid wm of 20+~0•~ and ths performance of t!r ~ cnvsn~n» and 'a9reert~ents hertinafte? expressed, and fw divera 9ood ~nd wlwbl~ consideratam, by tha~ prese~ts, does qrant, buyain, sell, r~miss, : relaase, conwy and conf'um unta the MORTGAGEE, iri iucceswn and assiyn~, ~11 thst unain 101, pi~w or pucet of tu~d, sitwte, lyiny, and bein~ in tM ~ County d St. Lt1Cl.e and Sate of Fiorida, d~wib~d u foflowu Fros the SW corner -of the NW%~ of Section 27~ ToNnship 35 South~ Ra?nge 39 East, run S 89° 19' S0" Bast a distance of 52 feet to a point on the east right-of-way Iirie of Canal No. 51 of the North St. Lucie River Drainage.District; thence N O° 11' 30" West along said Canal right-of-Nay line 576..05 feet !o the goint of beginning for said parcel; thence continue N O 11' 30'~ West along said Canal right-of- way 303.80 feet to a point on the south line of that-certain zoad right-of-way as described in O. R. Book 8, at page 92~ . Public Records of St. l.ucie County, Floxida; thence run t Northeasterly along said zoad right-of-way line on a curve concave to the soutt~ and having a radius of 17,136.74 feet for a distance of I70.84 feet; thence S O° 11' 30" East Y 353.20 feet; thence S 89° 48' 30" W~st a distance of 164.07 j feet to the point of beginning,~ ! i ~;~c f- ~ l, ,-i' 4: 5I1~+/~l~ ` ~ i U~ COVVi~ar'..~i'~?CZ~t c~-~r,.iN 1ti.~ = z _ = = - - - ~ - fE823'70 f,f,t - ~ ~ ~ ` 3000.~ . t (p U fOMPTROLtEii ~^~,fl,~or - € f?B.~soias ._,=:=.z= - fogeth~r with slt snd singvlu the trnemenM, hereditamsnts and ~ppurta~ces therwnfo b~lagin~ ot in aoywis~ appertainin~ tMrtto. ~r~d all reMS, hsws„ ~ t Pr«eeds ud p.ofin .ccn,iny and ta xuw from ~aid p?emises. afl of which ~re i~cludd In tht ~bov~ and foraQoirg deacrlption and h+bendwn. TO HAVE AN~heir~'h. ~bove described and Q~u~ted premisa unto ths s~id MORTGAGEE, its wa~ssws and aui~ns for~wr. Md tF» aid MORTG/~CzOR for htin, ezetvto~s, ~dministrafora and auig% her~by cown~nb with ths ~sk! MORTGAGEE, Ns suctessw~ +md assipns, t i~e y aZe rnpl.~ tMt Ni. sar~. u• h... cl~.r .nd dischu rhst lawfvlly ssued of th~ said premises i~ fM i ped from al! liwr~ and ~ncw~r br t~y will snd their Fkin sh+ll warram u~d d~f~rd iM ti~l~ to th~ san,~ to tM aid j MORTGAGEE, in succeswrs •nd augns, forever ayainsr tM I• u c ims +n a psrspnt PROVIDED, ALWAYS th~t if the MORTGAGOR ahall p~y unto tF~e MWRTGAGEE th~ promissory not~ hsr~inbefort dewibed +nd ti~aJf trvly, p~omptly r and fvlly perfam, d~sdurys, execvt~, complet~ comply with snd abid~ by ~ach and w~ry th~ atipulal'roro, aprsem~nq, conditiau and oovenuNS of said promissory nots and of th'ra Mort4s~e, then thw Mortyage ~nd th~ Estat~ hv~by aeatesi shall psse and be null and wid. IT IS UNDERSTOqp that tM word "Mortya9or" wi+~ti~ in th~ unpulu or plwsl ~nywhero in this Mortyay~, ~MI! b~ slnyula if on~ only and . shatt b~ ptwal jointly and seve~a!!y if mor~ ti~ae on~, and that th~ wo?d '9heir" as uad ~oywMn in th» Mortqaqe shall b~ takan ro mesn "1Js,•• •'Mn,•• i o~ °its," wherever the oa+text so implies or admits, Alto, thst wMrev.r th•r. b ~ refer~ in rh. coven.nn and .pr..rnenn her~ie oom•in.d ro any of j th~ p~rties hereto. th~ ~ams shsfl 6e wrutrued to rm~n as well u the Mtrs. Ipa) r~presentatives, sucussors u+d ~isipr~ (lltMr voluMSry by ~ct of tht i partie~ a involunfary by op~ration of th~ law) of the tam~ and tMt the coven~nb Ikr~in caM~irwd ahall bind ~~d th~ bamfits and advanta~a inw~ ; ro ttw r~apeaive F~eirs, layal npresentstives, s~aesso~s and ~a~~ro of tM parties her~ta ? Md s+id Mwty~ors, for tMmselws ~nd tMir htin, tpal r~aentatives, a+ctasors snd usipm. Mreby pir~tly ar~d ievs~ally oo~wrwM snd aprM i ro and with th~ aaid MORTGACsEE, its svcnsson and ~ssiyrn: 1. To pay atl and sirgulN th~ principal and int~rest and 1M v~ria» u~d sw+dry wms of mon~y p~Y~ble by virtw of faid promnsory nof~, and thn matyaye. ~ad? and ewry, wa+Wtb on tFr days rap~ctiv~y thi sam~ ~ewraly b~ca+w dw. 2. to {~y all a~d sug~lar tiw taxa, astes~rrnts, levies. tiabilities. obtipatiau and ~nc~xnbranas of ~very ~atur~ and kind now on aaM d~xribed ; w~~Y, or Mat hereafter may bt imposed, wffa~d, pl+ad. Iwid, a aasa+ed tM~~on, a thst hereafte? mar b~ Iwi~d or as~esud vpon thi~ MortQ~ : tQ i a9e, a tM ind~bt~ednea secwed hereby. Nch ard ~wry, whsn dw and p~y~bb. ~ocordirg to law, befw~ thty become d~finqveert, and b~ion Mny iM~rat attathes w ~i+y pendty is incv~red; AIV~ INSOFAR AS ANY tHFREOF 15 OF RKORD THE SAME SHAII dE PRONIPTLY SATf5F1ED ANO DISCHARGEO OF RECORO AND THE ORIGINAL OFFICIAI DOCUNIENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPI OR THE SATISfACTION PAPER OFFICIAIIY ENDORSE~ OR CERTtfIED) SHALL dE PIACE~ IN 7HE HANDS Of SAID MORT6AGEE WIiHfN tEN DAYS NfXT AFTER PAYMEMT; and Fn tik ~wnt that iny Nwnof b no1 pa~d, sat'sfied and dischuged s~id MORTGAGEE may st amr time pay tl+~ i~me a a~y part thawf witt+o~t waivinp or aHectirg ~ny opfion, lien, eq~iry w ~ .iqht under a by virttre of this mort9aye snd the full Mrwunt of e~ch and ~very such payment ahall b~ immediately due and payabte uid sMii b~ar intKest ~ fr~ the dde 1M+eo~ unrH paid at r~te of n~ne per centwn p~r annvm and tapether w~th such interest ~MII b~ ~ecwed by th~ lien of th:s morytpe. a~K 1£~3 2~7 r . . _ i ,'.'4 _a"' _ ~ S t. ~~...~~_"~.-'.M..._._T_ _