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HomeMy WebLinkAbout2914 • vida, ~(~~O J~ J THIS INDENTURE, Mad~ thi~ 28th d,y of March . A.D. 19 7O - betwesr: Brnest J. Wright and Marqaret Wright, his aifQZ and Goxdon W. Steele and Hazel C. Steele, his wife ~f $t • Z.UC~Q County Flotida, Mreinaftb designated ss the "MORTGAGOR;' and fIRST ffOERAI SAVtNGS AND 10AN ASSpC1Ai1pN Of FORi PIfRCE, a co~po?at;ort orQanized and exiitinp under ths tawf oi tM United S~atas of Americ~ and Mving ib principal place of busineu in ths City of fort P;KCe, St. lucis Covnty, Florida. herainafter desipna~ed a~ tM "MORTGAGEE:' WHEREAS 1M MORTGAGOR is 'uul u?d~bted ro the MORTGAGEE in the sum of s ' i Y~ 6~ ~ t~ , good and lawful money of the United } Sfates advsnced by the MORTGAGEf unto fhe MORTGAGOR, as evidented by e cerlain promissory note of even date herewith, of wh~ch the following in ~ words ~nd f~ u~e~ is a t~w copy, towit: ~ s 6 ~ 16, 251 F«r P~~.. Fia~d., Harch 28 ~q7~_ i q Fw val~e received, 1, we or either of us, promise to pay, ~vithout defatcation, to the order of fIRST fEDERAI pSAVINGS AND IOAN ASSOCIATtON OF ? fORT PIERCE at Fwt Pierce, fbride, the sum of = 6~ 5~ with interest from date at the safe of" ~759o per annum, in monthly install- men~s as follows: i 74'~ on rAe ~'Sth day of May 19 7O and a I~ke sum on tFx correspond~ng day of each month therr after until the whole be fully paid. Each installment first shall be applied i~ psyment of the intere~l a~d then on the unpaid balance of ihe pr~nc~pal sum. If default is made in 1he paymeot of any installment when due, and such defauit continues 30 days, then af the optron ot the holder, and without any other notice, atl the remaininy :nstallments shall be due and payable at once. Privilege is given to prep~y this note in whole w in part at any time without pcnalty. Nei~her forebeannce, nor acceptance by the hold~t thcreof after any default in any payments hereon, sMll be decmed extension. A late payment chuge of = 3~70 sh~ll be added to each i~s~allment remaining unpaid 7 days after its dw date, and a like sum shail be added to each tuch ins~allmenf ?em~ining unpaid 7 days sher . each succeeding payment data. Each maker, s~rety and endoru~ hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further agrees to any extension of time of payment, either before or after maturity, witiwut notice to any of us; a~d to pay all costs oi collettPon, includ~ng a reasonable atrorney's fee in the event of any defautt hereunder, and hereby severally wa~ves all benefit c+f home:tead and ezemption under fhe constituYron a~tid laws of each State of the United Statcs, as agairut this obligation o? any extcnsion o~ renewal hereof, Witnms the hand and seal of each party. - /s/ Brnest J. Wright ~Ai~ /sI Mar9aret Wri9ht ~ ~ /s/ Gordon W . Steele ~S~u ; ~ %s/ Hazel C . Stee~e . c 9•75 ) State Rever~w ~ .~1~'~~ ''~Y~L~ - (~?l~ ; ~S1~F~iliollfiii~FiA~iAi1~+il~ ~ idOW, THERfFORE, the MORTGAGOR for the purpose of securing psym~nt of said swn of = 6+~N•~ ~ ~nd fM pe?formancs of tM covenants and agreemc~ts hereinafter expressed, and fo~ divErs yood and wlwble cons~derations, by these presents, does yront, barysin, sell, reri~ise, release, convey a~d confi~m unto the MORTGAGEE, its succeuars ~nd auigns, tll that certain lot, piece p parcel of Isnd, tituate, lying, and being in the Counry of S t. L1iC le ~nd State of . Florid~, described es fo{lows: Lot 67 aad the West 1/2 of Lot 68, PARKWAY PLACB, ~ as pex plat thereof on file in Plat Book 4, Page 3 ~ k 7 of #he Public Records of St. Lucie County, Florida, ~ ~ 0 RECEtYFD ~ / ~ IR F4Y~1~IT (`F TAXES D'JE ON CUISS 'C INTANG!BLE PEt'SCiVAL PR~PERTY, ~ ~ ~ _ ~ ~ ~ ~ - ~ PiJAS;;ANi TO CttRPT~R 20724, ACTS OF I~rtl. - ~ ~ J / . . L: ; r = F- Dc. C~ r•• i~~: T,,, ;t FCGER PalTRAS, Clerk Grcuit Court - z - - . - ~s 1Rge!2t br DANIEL N. 1(NOW~ES, 1I~ ~ c.=°~ - ~~al+:';J - St tucie Coun N ~~~•,TR- - 9 7 5_= ty T~x co~i~~toc - F3. ~ ~ ~4~~33 By ~-c ~ e ~ ~un c~c +ogethar with al! and singular the tenements, hereditame~b aed appurhnces thereunto belonginq or in anywise appertaininy ihereto, ~od ~It renb, luues, proceeds and profits acuuirg and to acaue from said pemises, sll of wFiufi are incl~ded in tha ~bove and fwegoiny dexription and Mbendum. TO HAVE AND TO HOtD the above descri6ed and yranted premi~es umo the aaid MORTGACaEE, iri successus and ~uiyns fwever. Md ths safd N,ORTGAGOR for th~ir executors, sdministraton and ~ssigru, hereby covenanq with the said MORTGAGEE, iri wccesson ~nd ~uipm, t~Y are Y prem~sy fee sim le; that 1M ~sme ~re fr~e, cte+r ~nd d'ischar rhat lawfull se+zed of the said P yed from all liens ~nd ~ncum~ brances in law w in equity, and that they w~~~ i~ t~fB1Z ~~ti s~ll warrant and defend the titl~ to tM sam~ to tFK s+id MORTGAGEE, its succeuws and auigns, farever sgainst the lawiul claims and demand~ of all perapu; PROYIDfD, AlWAYS ihat if the MORTGAGOR shall psy unto tF+e MORTGACsEE the promisswy note hereinbefore desuibed ~nd sha11 truly, promptly and ~ully perform, d~xMrge, execute, complete, comply with and ~bide by e~ch ~nd every the stipulations, p~eemenri, condiYwns and toveraMi of uid promissory note and of this Mortgage, the~ this Mwtgsge and the Estate he~eby ueated shall uas~ and be rw!! and void. IT IS UNDERSTOOD that the word ••Mortgagw•• whether in the ~~wpular or d:ral anywhere in this Mort9spe, ihall be singul~r if on~ only and sh~ll be plur~l jointly and ~everaliy if rtare tMn o~e, snd that the wwd "their" as uaed ~nywhere i~ this Morty~ge shall be fsken to me~n "his:• "hen;' w"its;' wherever the context w implies w sdmits. Also, thst wherever there n a re(e~ence in the covenenn ~nd ayreemenn here+n contaen~d to sny of rhe psnies haeto, the same shall be conshued to me~n as well as fhe heirs, ley~l r~presentatives, successon and ~ssig~s (eitF~er voluMary by ~cl of tM perties w involuntary by operation of the law) of the same and that the covensnts herein contained sF~all bind and tF~e benefib and advantaqes inur~ ' ro the respective hein, fe9a1 representarivet, wccessors and as~~Qn~ oi the puties he~eto. " And said Mwtgsgors, for themulves and tMeir )xin, legal represer~tatives, uxcessors and ~ui~ro. hereby joinlly snd sevtrally cove~ant and a9ree to snd with tF~e said MORTGAGEE, its suuessori end auigns: 1. To pay all and singular the principal ~nd interett a~d tF+s variwn and tvndry s~ms of money payable by virtue of asid piomis~wy note, and this mortgaye, e+ch ~nd ~very, p?ompNy on tlu d:ys respectively the same sev~raUy become dve. 2. To pay aN ~nd singul~r the taxes. ~sssssmenn, levie~, li~bilities, oblgations and ~ncwnb~nces of every nature ~nd kind oow on sa;d desuibed property, p that hereafter may be impoted, wffered, placed, levied, a auessed thereon, or that here~fte? may be levied or usessed upon this Mortp- age, a tM i~debtedneu secured hereby, each uid ~v~ryr, when dve ~nd payable, xcordirg ~o law, befor~ they become delinqvent, and befare ~ny interest artaches or any penalty is int~rred; ANO INSOFAR AS ANY TMEREOf IS OF RKORD THE SAME SHAII 6E PROAMiIY SATISFIE~ AND DISCHARGED OF RECORD AND THE ORIGIhAI OFFtCIA! OOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RECEfPi OR iME SATiSfACTtON PAPER OFFICIALIY ENDORSED OR CERiIF1ED) SHAII Bf PIACED IN THE HANDS OF SAID NIORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tFM e~ent thst any thereof a nW paid, sat'sficd and disch~rged sa;d MORTGAGEE may sf any time pay the same or any put ti?ereof without waiving w affectiny any option, lie~, equify a ' •~aM under a by virtve of this mortg~ge and the fult amount of each and every auch paymenf sh+l1 be immed,afely due arx! payable and sh~l) bear interat = ~.om the date thereof until paid at ~ate of nine per centum per annum a~d toyslher with suth inferest shall be secured by the lien of th:s morqta9t. BooK 1$3 PacE ~~11 3 ~ . ~ , _ . , _ - -