HomeMy WebLinkAbout0233 . / ~.:~;z~93
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THIS INDENTURE. Ma~ tht 18th ~y of ~ ~April ~ ~ , /1.D. 197_~ . between #
Hascourt Bowe and Betty Jean Bowe, his wife _ ;
of St. Ll1Ci@ ' , County flaida, Mrti~whK detipn+ted as tht "1NORTGAGOR;' ~nd FIRST FEDERAL SAVINGS AND tOl1N
ASSOCIA110N OF fORT PIERCE, a corporatian orpaniz~d and existi~p u~dK tM laws of th~ Unit~d St~tp of Arin~?k~ and h~rinp~ iM pri~c?pal pbu of
businys in th~ City of Fat Pi~ru. St. Lvci~ Ca+nty, flo~ida, herein~ha d~iipnat~d u tM "MORTGAGEE." -
WHEREAS tM MORTGAGOR is iwtly indebt~d w th~ 1NORTGA('sEE in th~ sum of ~ 8~ 1~ , good and lawful ma+ey of the Un~ted
States sdvanced by th~ MORTGAGEE unto th~ MORTGAGOR, as av'~d~nttd by a catain p?omiuory note of even date herewith, of which the followinp in
wads and fiqures is a trw copy, to-wit: -
s ~ ~ . ~ 16, 279
~ P~, April 18 1970
fo? valve received, 1, ws ot eithe~ of tn, promise to y, withouf defalcatwn, to the order of FIRST FEDERAL SAVINGS ANO LOAM ASSOCIATION OF
fORT PIERCE at Fort Pierce, Florida, tM sum of = 8 ~ 1~• ~ with inte?est irom dste at the rste of 9• 0% per annum, in monthly install- ~
ments as fo{lows: S 83 on tFa LS~_ day of -?unQ 19~~ u~d a lik~ svm on the correspa~dinp d~y of e~ch p+poth therr 1
aftc~ vMil the whole be fully p~id.
Each installment fint shall be applied in paYment of th~ tnterest and then on tlx unpaid balance of the prinup+l wm. If defavlt is msde in the
payment of any installment wha+ due, and such defaulf continues 30 days, thtn st the optan of the hofder, snd without +~ny other notice, all. tht re~nai~ing
~nsullmants shall be due and psyabb at once. P~ivilepe is given to prepay thh nota in whole or in part at sny time without penalty. Neither fwebcarance,
nw acceptance by the holder thereof afier any default in any p~ymenri he~eon, shall bt deemed exte~sion. A late paymenf chuqe of ~ a~ 15 ~hsll b~
added to each insullment remaininp unpaid T days ~ftet its dw date, and a like wm shat) be added to each such instsllment remai+uny w+paid 7 days ~he?
eath succaedirg paYment dste.
Eacb msker, surfty and cncJuser hereof, joiMly and sew~ally, w~ives demand, prexMment protest and noticc of protest fw na+paymmt, and further
agrees to ~ny extensan of tim~ of p~yment, either before o~ a(ter m~turity, witho~t notice to a~y of us; and to pay all costs of colleaion, inctudinQ a
reasonable attorney i fee in the event oi any default he~evndcr, and hereby severally waives all benefit of homestead and eaemption under tF» corotit~tion
and laws of each State of the United States, as against this obligatim p a~y exten~ion a renewsl hereof.
Witness the hand and }esl of exh party. ~
/s/ Harcourt Bowe ~
cs~?u
s Betty Jean Bowe ~y i
$12.15 ~
t ~ Sta» Revenw _ - -
NOW, THEREFORE, the MORTGAGOR fw the pwpose of secvrirg p~ymem of said wm of = 8~ l~• ~ . and tM perform+ncs of Me
covenants and sgreementi hereinafter expre~scd. ~nd fw diven ~ood and valwbl~ consideratio~s, by theie presenri. doas 9rant, baryain. sell, remise,
release, tomer and confirm unto th~ MORTGAGEE, its successors and a~ttiyns. +II that csrt~in bt, pist~ or puoel of la~d, situate, lyinp, and beinp In 1M
Co~r?t~ of SL. L11C1@ ~nd St~h of Plorida, deurib~d as followr
All of Lots 1 and 2~ Biock B~ AIAMAImA VISTA SUBDIVISION~ as
per plat thereof recorded in Plat Book 5~ page 49, Public '
Records of St. Lucie County~ Florida~ together with the West 1/2
of the vacated alley on the east side thereof:
Less and except the Wi2st 48.3 feet of said Lots 1 and 2~~/
u ~ ~cES
7i~ OF
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~ pOCUMENT~~E T= as Aaznt t~t D~:t~.t-t ~
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~ rogether with all and sirgular th~ tenemeM~. hsre~t~ +nd +PAwf+^ces ?Mrwnto belag~^0 a? I^ ~nYwitt appsrtainirg therero, and all renfs, iss~a, . :
~ proceeds and profits awuinp and to acuw from s~id premises. all of wFiKh aro induded in th~ ~bov~ snd fa~poi~p dacription ~nd h+bendum.
TO HAVE /1ND jQ Hp10 th~ above desuibed snd ynnted premi~s unto tM s~id MORTf3AGEE. its wocea~on and +uipns forswr. Md tM s+fd
~ MORTGA~p R fw tii@lI ~in~ ex~~~ ~~~ytratorr and auignf, hertby townanls with tM ssid MORTGAGEE, Fts s~aes~ors and assipra,
~ that they are Iawfully seiz~d of th~ wid pr~mi~s in fe~ sfmpl~: that tht s~rm u~ frN, cleu and disclwrpad from ~II IIMS ~~ncvm~
~ equ q, and tM* thev will and th@1! Min sh~ll wuram and defend t}» titb to th~ sam~ fo tF» s+W
brances in law or in i
3 MORTGAGEE, in tucceuon ~nd assi~ns, fwsver aQsi~+st ths lawfvl daim~ ~nd demands of aN perwns;
` PROVIDE~, AlWAYS that if the MORTCsACaOR ~h+ll pay u~b th~ MORTGAGEE tF+~ promisswy not~ har~inbefw~ deurib~d ~nd shall fruly, promPtly
~ and fvlly p~rform, diuM~e, ex~cvt~, compl~t~, comiplr witb and ~bide by e~ch and w~ry the stipulations, apreanents, ca~d'nian uid cov~n~nM of s+id
~ promissory rat~ and of this Mortps~a, t}~an tFds Mortyape and the btate hereby usated th~ll uas~ and b~ null ~nd void.
i
~ IT IS UNOERSTOOD that th~ wad "Nbrtyapor" whe+her in tl» ~inpular or plwal anywhert in this Mwtpape, ahall b~ sinqular if on~ only snd
•hall be plural iointly and severally N man than on~. ~nd that th~ word "tMir' a u~ed anywfi~n in this Mwtpay~ shall b~ t~ken to rtwan "his:• •'h~n••
~ or ••Hs:' wherever the oontt~t w implies w ~dmin. Alao, that wherewr there h a r~f~renc~ in th~ c+ov~nsms snd apnemenn h..Nn con~+toed ro«~y of
~ the pa.ti~s Mreto the sam~ ahall b~ cantrued to mean as vwll a th~ h~irs, kpal nprsser?tatives, wcasson and asipns (+ithK whi~tsry by act of th~
~ partip or involuntary bp oper~tion of the taw) of th~ s~rrk and tMf the covenann harein contain~d sh~ll bind ~nd tht b~nefin and adv~ntap~s inun
~ ro tha r~ap~ctiw hein, kyal r~presentativts, waeuas and ass~~ns of th~ psrtia herNO. ~
;
~ /1nd satd MortQspors, for tF~sms~IvK ~nd th~ir Mir~, leyal rep?~~em~tivw, wona~on and asslpm, hK~by jointly ~nd a~vadly cova+ant uid ayrN t
ro ard with tM wd MORTGAGEE, in sutusso~s ~nd assi~ro: f
:x
1. To p+y all and iuqular th~ principal a~ i~terest and fM vuian ~nd wr+dry sums of money p~yaW~ by vinu~ of s+id paniswry noq, and tMs ;
~ mo?tos~• eath and evary. PromPtly o~ tht d~Ys raPactivtty tM sanw wwr~lly b~tote~r dw.
~ ~ To p~y dl snd ~inpvlN tF~e taza, au'tum~e». Iwi~s, liabilitie~, oblipations and encwnkx~r~us of w~ry ronm and kind now on s~id describ~d
~ property, a tMt h~~safta m~y be impoNd, wffend. P~+ud• Iwted. or aaes~ed th~r~oe, a that fisrwha may b~ I~vNd a ~s~ea~ed upon thb Mort~ ;
~ p~, a tlw indebt~dnew s~wr~d hsreby. ~ad~ +nd svMr, wha+ dw and p~yabb. ~aord+oD ro{~wr...btfon thhr becom~ delin~m, ~nd befon aMr iM~r~s~ ;
sttaches w an~r pe+uNy is incuned; AND INSOFAR AS ANY THEREOF IS Of RKORD TNE SAME SHALL dE PROMPTLY SATISfIED AND pISCHARGEp OF ~
~ RECORO AND THE ORIGINAL ORICIAt DOCWMENT <SUCH A5, FOR INSTANCE, iHE TAX. RECEIP7 OR THE SATISFAC710N PAPER~ OFFICI/~tlY ENDORSEO #
~ OR CERt1ElED) SHAII BE PIACED IN THE NAN06 OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYIdENT; ~nd in tht ~vent th~t ~ny N+sreof is not ~
psid, sat'sfied +nd dixhar9ed said JMORTGAGEE may at ~~y time pay ihe samt w any part fheteof withovf w~ivirtp ~w affectinp ~ny option, lieil; pvify or
•iqht under o~ by vinue of this mortyaye snd the full amo~nt of each +nd wery wch p+yment ~hall be irnrnediately dw and. payabfe and ~hall b~u intKpt '
~ irom the date thersof ~ntil p~id at rate of ~ine per centum per annum and toyether with wd~ j~t R t shall b* tecwed by tht lien of th:s moryfape. ~
~K I) ~
~ 800K ~4 FACE ~?JJ
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