HomeMy WebLinkAbout1300 sy~~~o
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TH~S INpENTURE. Mad~ th~ 20th day ~ Rebrua?ry ~ ~ ~,o. 19 70 .~,,N.M
' Daniel B. Ward and Gloria l. ward~ his .ifg
Lucie
of St' Caa?fy F(aida, Mninah~r de~ipnated u tM "MORTGAGOR," u+d FIRST FEOERAI SAVINGS ANO IOAN I
ASSOCIA?lON OF FORT PIERCE, a co~poraYan aqu?i~d ~nd ~xa~ir+p w?dK ~M bw~ of tM Uniud St~t~s of Am~riu ~+d havirq i1s prl~cipal plap of
b~sir+~sa in tM Qty oi Fut Piua. St. luci~ Co~nty. f1orW~, Iw~~in~ft~r d~sipnaNd ~s tM 11AORTGAGEF."
WHEREAS tM MORTGAGOR h ~ustly {ndsbt~d b th~ MORTGAGEE in IM swn of = 10 ~ Sl~. QO ~~~vl money of th~ United
St+tes advu+ad by tM MORTGAGEE unro the MORTGAGOR, ~s widtnced by a certain promiuuy ~ot~ of ~vae date ?w~with, of which tM followi~p i~
words ~nd fipuns is a trw copy. to-wit:
~ 10,500.00 ~ 16_,,206
~ P~. F~ Rebruary 20 ~y70
Fa vsivs nceived, t, w~ w~itM~ of vs, promise to pay, without defalution, to tM wdsr of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE +t fort Pierce, Flwida, the sum of s 10s 5~•~ with int~rest from dsts at the wte of ~u.~2.96 pe? anr?um, in monthly'i~ublb ~
menrs as fo!lows:: 1~•~ on th~ 1SL~1 ~y of rl 19~~ and ~ lilu wm on th~ correspa~dinp day of t~ch manh thw~- i
afrer w?til ths whok b~ fully paid.
Esch inst~l{meM first shall b~ ~ppi'rod in payment of th~ imerest and ther~ on th~ unp+id bal~nce of the princ;pal sum. If defauh ia msde in tM
p~yment of a~ instalfm~r?t whs~ dus, and such defav~t contioue~ 30 days, thM ai the option of th~ holder, aod wi~F~out any otMr notice, afl tM ram~ininy
installm~na shall be due and p~yabk ~t once. Wivilep~ it 9iven ro prep~y this not~ in whole or ln p~rt ~t a~y time withcut penalty. Neither forebea~anas.
, nor ~cceptance by the ho~der thereof aher any defwlf ln anY p~YmeMS heret,n. shall be deemed ~xtens~an. A bre payment charge of ~ S• 2O , ~Full M 1
. added to each installment remaining unpa+d 7 days ~ltN hs dw dat~, and • tika sum shall be added to each wch installment remaininq unpaid 7 dqrs ahK
e+~h svct~edia9 WY~++tnt date.
~ Exh m~ker, wrety ~~d endorsa herwf, jointly and severilly, waives dema~d, prese~tment protest and notice of protest fo? eonpayment, and furth~r
agrees w ~oy extens;on of tim~ of payment, eirher belore or after maturity, without notice to any of us; snd to pay alI costs of colknion, includiny a
reasonabk attwney's fee in the ~veat of any defauh hereunde~, and Mreby severally waivet all ber?efit of homestead and exemption undar th~ constitution
and laws of cath State of the United States, as against this obtiyation w any extrnsion w ren~wal he~aof.
Witness tM hand a~d seat of each puty.
/s Daniel B. Ward ~
(sEwu
/s/ Glozia l. Ward ~
(s~U
t j5•7~ 1 Stat~ Rev~nw ~
NOW. THEREFORE, the MORTGAGOR for th~ purpos~ of secvrinp paymem of s~id sum of = IO, 500. ~ , ~nd tM pKformanu of th~ ;
aow~ann and ,~?ae~n here~nahe. expressed, u~d fw dv~rs ~oa1 and v~lwbt~ cauide?~tions, by thest presenri, doss pru?t, baryain, sell, remise, t
~eleas~. oonvey snd confirm unto the MORTGAGEE, its waesiors W?d usg~b all that certain bt, pi~a or pual of land, situate, lyinp, and bdrg ln tM
~~h ~ St. L11CiQ and Statt of Florid+, dewib~d a follows: f
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Lot 16,~ Block~ 4, fiC)CI~R -?fiRRACE SUBDiViSiON,- as per plat
thereof on file in Plat Book 4, page 54, Public Records of
~
St. Lucie County, Florida,~/ !
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~ v ppCUMENTAp" SiAMP T~%~ ~ r~~~
J j MR-9'70^' - 2~ ~!-F^,t t~i Ul'.;:i~l N. t•~!'~~i't~S, 1R
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N ~ _ ~r I 5 7 5y : st tU~~z c~ti~E~c~~ ;
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topetlw with all and singul~r the t~nsm~nb, her~d'n~m~nb ~nd appext~++us tF+awnro bdonpirg or in anywi~ ~pp~rt~ininp th~r~to. ~nd ~11 nats. Issu~s. ~
! proceeds ~nd pofin soaruirg ~nd to aanr~ from said premhe~, all of whid~ ar~ inclvdsd in tM abow ~nd for~poirg deuriptioe ud ha6u~dum. ~
~ TO HAVE AND{R@1Z th~ abow describd snd y~~ntad premi~es uMO th~ said JNORTG/1CEE. iM wonswn and ~si~nt fonvM. /1rd tM Nid
MORTGAGOR for heas. ~secvtors, admirdstwtws u~d •aigro. hereby oov.oann wirh ~h. s~id MORTGAGEE, irs woo.s.o.s .nd aniar~, ;
tlwt they are q,,,,f„Ily seiz.d of th~ s~id p~mises M fk skn,plr, tFwt tlw s~x u~ frw, dMr and daclwped frorn alt U~ra aad ~ncuim
brsnces in Isw or in puity, and that they ~11 ~ their hein ahal! wsrrant and d~f~nd ti» titl~ ~o th~ sam~ to th~ wW
MORTGAGEE, its tuccesiws and assipns, fwever apai~at tFw lawivl clsieu and d~m~nds of all p~rsorn=
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PROVIDED. AIWAYS that if tfie MORTGAGOR sh~ll pay unto the MORTGAGEE tM pranissoty not~ hKSinbefot~ dacribed and shdl ttuly, pranptly i4
and fulb P~?fwm. d?sd?ar~e, exea,r~, ca+Wl~t~. comP~Y wirh •nd abide by ~+ch and wery tM sripulations, preernen?s. condirions and cov~wr,n of aid 1
promiuay notf and af Ma Mort9aye, then this Maty~ge ud ~M Est~te h~r~by ueat~d sMll aas~ and b~ null ~nd vo+d.
!T IS UNDERSTOOD that the word "Mortps~or" wh~Na? in th~ sinpulH or plwal anywMn in tM Mort9sp~, shall b~ sinpvlar H ona onty ~nd
shall be plu~al jointfy ~nd ~ewrally if mor~ tha~? a», and ttWt tM word "their" u wed snyvvMn in thk Morty+p~ shsll b~ bken ro er»an •'his,•• •'Mn,"
a'its," w6erever ti+~ context w implies or ~dmin. Alw, tMt wherev:r Men is ~ nferaioe in th~ cown~ntt a~d qnwn~e?ts F~~in contakwd to a~ryr of
tlw p~niet heretq tM s~x ~h+ll b~ wronwd to rn~an u wsll a~ tM Frin, by~l npraam~tiws, woc~s~as and asigro (~iNMr volvntsry by act of th~
parti~s w involuntary by operatan of the I~w) of tM aam w~d tMt th~ oovsMms 1rr+ie conta;rwd siwl! bind uid ths ba~efita aed adv~nta~s kwn
ro ths rNp~ctiw F,ein. 1~! represent~~iws woo~uas ~nd ~u'~yns of tM pani~s haNa
/1nd sak! Mort9apors, for them~elws ~nd thek Mirs. Ip+l npr~ssntativa. woauon u~d auipru. Mreby iointly and s~vKally coven~m and pree
ro and with tht ~aid NIORTGAGEE, in woceston ~nd ~ssipns:
1. To pay dl u~d sinpvlar Nu prindpal s~d int~nst ad the various ~nd sur~r sun~ of mon~y piyablt by vinw of faid ~omiuory nob, and thit E
.~o.r9a~e. .,ch ,nd .~«r, wo~ry on rh. d.y~ ra~~w~y *h. .«n. sw...ih b.com. dua ~
2. To pay sll s~+d rkgvlu th~ taxa. ~ssesneynb, Iwies, liabilitiq, obiipaP~om a~d ~ncun+bnnas of ~very n~tun ~nd kind now on saW daolb~d
Pr~~Y, a M~t heresft~r m~y M impowd, wffK~d, pl+ad. Iwi~d, a asesred tl~~oe, a th~t here~her may be kvied a asseas~d ~rpon tMs Mort~
+pe, a th~ b+debkdrra ~sewed M~eb~r, each and ~wry, wF~+ dw ~nd p+yable, aocordinp w Isw, b~fon they beoome d~linqueM, and b~fon ~r Me~r~a
anxhes a~ny penalty is iecurred; AND IMSOFAR AS ANY THEREOf IS Of RKORD TNE SIW1E SNAII 6E PROMP1lY SIlTI5f1E0 ANO DtSCF1ARCsED Of
RECOR~ AND THE ORIGINAL OfF1GAl DOCWIRENT (SUCH AS, FOR INSTANCF, THE TAX RKEIP? OR THE SATISFACTION PAPER OFfICtAtLY ENOORSE~
01t CERTIFIED) SHALL dE PLACED IN 7HE HANDS OF SAIp MORTGAC,EE WITHIN TEN DAYS NEXT AFTER PAYMENTt +nd in tht tv~~t Nwt a~ryr tMr~of ia no1
paid, saYsfied and discharped saEd MORTGAGEE may at iny time p~y tM same w a~y pat tM~~of without w~'wie~p or a#sctinp sny optlo~, lieq, puity w
•fAM undar or by virtur of ti?is mortyipe and tF~e fuil ~mount of eath ~nd rvery wch peymae?t ahatl be imnadiatdy dw and p~yabl~ and slwll bsu imar~st
~rpr, th~ dat~ tF~eof until p~id at rat~ of ~7ne per centum per anrwm ~nd tope~w ~ntere~t ~d by tM li~n of this morytapt.
BooK PaCE~~~
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