HomeMy WebLinkAbout0718 1.~2E~8;
THIS INDENTURE, Made !he 18th da of April . A.D. 19~., between
_ wiliiaa~ ea?i~Qy and Lois s. Bai1Qy: his witQ~
of St• l'L1Cle Co~nty Florida, he~einsfta deslgnated as tM "M6RTGAGOR;' and FIRST FEOERAI SAVINGS AND LOAN
ASS~IATION OF FOQT PIERCE, • corpaation org~nized ~nd exiitin~ w+der tM laws of tM Un~red Sut~s of /lmerica and Mvinp Ms principai place of
bus~neu in ths Ciry of Fort Piau, St, luca Cou~ty, flwid+, ht~einafter ~spnatsd ss tM "MORTGAGEE:'
i WHEREAS ths MpRiGAGOR i~ justly indebted ro the MORTGAGEE i~ the sum of s 2~~~~~~ good and lawful money of the Un~tcd
~ States advanced by the MURTGAGEE unto the MORTGAGOR, as evidenced by a terta~n promisswy note of even date herewith, of which the fcflowing in
~vords and figures ii a trw copy, to-wil:
~ = 21~ OOD. 00 16
___~?Ap___
. .
Fort Pierce. Florida, ~1'~l 18 ~ 19~.
for value received, I, we or eithe~ of us, prom~se to pay, without defalcat~a+, to the order of fIRST FEUERAI SAVINGS AND IOAN ASSOCIATtON OF
~ FORT PIERCE at Fort Pierce, Fbrida, the sum of s~c~~0~~ with interest (rom date at the nte of ~a.~.. o per annum, in mon~hly insfall-
, ments as toltows: S183~~ o~ the 1Sth day of AuQ~t , 19~Q_ snd a I~ke sum on the c«responding day of each mOnth there-
afrer until the whole be fully paid. .
Each instaliment tirst shatl be applied i~ payment of the inte~est and thrn on the unpaiJ balsnce of ihe princ~pa) sum. If default is madR in the
, H3ymenf of any instatlment when due, and wch default con~inues 30 dayi, then st fhe option ot the holde?. and without any other notice, all the remaining
~nstallments ahall be due and payable at once. Privileye is given fo prepay this note in whole or in part at any t+me withovf pensly. Neither fwebcarance,
no~ acceptance by ~he hotder thereof after any default in any payment~ hereon, shall be deemed extension. A late p~yment charge of a.~sa~.. ~hall b~
_ added to each installment rcmaining vnpa~d 7 days aFter its due date, and a like sum shall be added to eath auch installment romaininy unpaid 7 days ~(ter
each sucteeding payrnent date.
~ Each maker, surety and endorser hereof, jointty and seve+ally, waives dtmand, presentment protest and nofice of protest fw nonpayment, and funher
~ ag-ees to any ex?ension of time of payme~t, either before or after maturity, without not~ce to any of us; and to pay all costs of collection, includ~ng a
reasonable attorney's fee in the evenl of any default hereunder, and hereby severally waives al~ benefit of homestead and exemption u~der the tonstitution
,i and lawa of cach Stare of the Un~ted Stares, as against this obligation or any extension a renewal hereof.
Witness the hand and ual of each party.
S/ williaa I.. eailey ~,p ~
(5~?U
~ S/ Lois S• eailey ;
~ S31.50 ~U
( ) Stare R~venw -
NOW, THEREFORE, the MORTGAGOR fw the purpose of sec~rirg payment of ssid svm of S 2i and 1M pe~formance of fhe
covenanti and sgreements hereinafter expre:sed, end for diver: good and valuable considerations, by these presents, does gr~nt, bargain, sell, rcmise,
release, convey ~nd confi~m unto the MORTGAGEE, its wcce~sws a~d assigns, dl that certaio lol, pieca o~ pucel of (and, tituate, lyinp, and being in iFa
County of St• LtiC~@ , and $rate of Florid~, dewibed as fdlows:
Lot 6, less the fiast 1.5 feet, HAMILI~ON AiCRBS, a resubdivision of Lot 29~ Maravilla
Gardens~ Unit One~ as ger plat thereof on file in P1at Book 14, page 6~ Public
Recoxds of St. Lucie Caunty, Florida,
, . ~,J ~
~ ~ ' ~t
'r' ~ ,•tP _ -
~ ~ ~c~~h;a`,~-z ~ .
> G~uU SG
7 Z = QPR27~7J ~'=~•;`~~;~i~ 3 0~.
' ~ ~ f_~-" dv ~ Of T4YES
~ V ~ ~`-'-3
k~
~
~ ~ _ ~N 4AY1 c^!t =
,
t ~9~ ~
N Q~j. ' ~!:'f0~~~.: ;~t;pi:GlBlf FEnS(~iALP;I"r:'~~~
~~E ~;1 CL~`; .~t-o ~41::. r".Ct$ UF 1 _
p~:.:: ~ i~ ~ `t, f~.E:k ..11t 1°~~f~
1ii,
T~~~ • -1 ' ~ . ~!~=t~1~LcS, SR
i i- f,;t,i ~ i'_~•`1 .
:S i:~: • r • CtOf
:j" 'J~~~~ -
~y ti~._jt ~,,~~11 ti ~
_ ` " c,~un c~~~x
-
rogether with all snd singvlar the tenemenls, Arnditam~nri and sppurt~nces thereunto bslaginp a in ~nywis~ ~ppertsin'~rq therero. ~nd ~II rtnts, issues,
proceeds and profia accruing snd to scaw from ssid premises, all of whid+ ue inclvded in tM abov~ and fae9any desuiption. ~nd habendwn,
TO HAVE AND TO HOID the above desaibed and ytanted p?emises unto tfie taid 1NORTGAGEE, in waesson snd ~uigns forewr. Md th~ t~id -
MORTGAGOR fa their executon, sdminisrrators and •ssigns, hereby coven~nts with ths s~id MOR7GAGEf, it~ iua~sws ~nd usipro,
that _they a-~@ lawfvlly uized of tM said premis~s in fee simple; th~t t!w same ar~ frK dasr ar~d dixMryed from all 1'~ens uid ~ncum~
brances in law w in equity, and that th0y wil! and tbeir heirs sl~all wursnf and defend tM title to the ~ame to th~ ~sid
MORTGAGEE, its sucussas and auipns, forever against ths lawfvl clsims ~nd demarxls of ~II penorq;
PROVtDED, AtWAYS t4»t if ?he MORiGAGOR shall -p~y- unto the AhORTGAGEE the promiuay nott hereinbefwe deu~ibed and shall buly, p?omptly
and fully perform, d~sch~rge. execuee, complete, canpty wi~h ~nd sbide by each and wery the itipula?ions, ap.e~menn, cond;uwn •nd covenann of sad '
prom;ssory note snd of this Mwtgage. then this Morty+pe and ti+e E~tate haeby aeated sh~ll ceas~ and be rwll and void.
IT IS UND;RSTOOD tMt the wwd "Mwtgapor" whether in the sinyul~r w p~ur~l ~nywhen in this 1Nortyspe, shat) be sirgulu if on~ only and
ihall be plura{ jointly •nd severally if more than a?e. ~nd that the wud "~heir" ss used ~nywhere in this Morrg~ye ~hall be taksn to mea~ '1?~,•• ••hen•• '
or "iri;' wheiave~ the context so implies or admits. Alw, tMt whererer thcre is ~ reference ie ~M coven•nn ~nd .yreemenn her•in can•in.d to •ny of
she pahies Fxreto, tM same ~hall be construed ro mean as well ~s fhe heirs, kyal r~presentativa, waeuas and augro (either volumary by ~ct of tM
parties a invotuntuy by operat'an of the I~w) of the same and that the coven~nts i~erein contained shall bind ~nd )he b~nefit~ ~nd ~dv~nt~s irwn
to tht ~espeuiw heirs, legal representat~ves, successors snd ass~ns of the parties hereto.
And said MortgsQors, fo~ tt~emselves and their hein, letpd repreientativts, succeuon and auiym, hereby joiMly and aevaally covenant and ayne
to snd w~th ~he ssid MORTGAGEE, iti sucu:sora ~and assiyro:
t. To pay alt ~nd sirgvlar rhe principa! and inte~e~t ar?d the w~iovs ~nd sundry wm~ of money pay~ble by virtw of said prom~ssory not~, ~nc! thi~
mortyaye. each and every, promptly on tt+~ days respectiv~ly tFw sane sev~raily becarw due.
4. To psy ~II ~nd s'u?qulsr the axe~, aasessmenn, I~vi~a, Fiabiliti~s, oblipatiwu aed tncumbrances of every n~tura and kind _now on taid described
Property, w thst hereafter may be imposed, suNerd, pt~ced, I~vied, or awWa~d the~eon, o~ tMt hsr~after may be levied a Wsessed upon this Mortp-
+ge, a tM indebtedness sec~red hereby, eacfi and wery, wh~n due and p~yabl~, atcordirg to law, befon they become deli~que~t, ~nd befae any Intere~t
attaches or any penslty is incvrrcd; AND INSOFAR AS ANY THEREOF IS OF RKORD 1HE SAME SHAIL EE PROMPT[Y SATISFIED AND DISCNARGED OF
RKORD AND TME ORIGlNAI OfFIC1Al pOCUN1EN1 {SUCH A5, FOR INSTAN~E, THE 7AX RKEIPI OR THE SATISFACTION PAPER C~FFIC`IAIIY ENDORSED
~R CERTIf1ED) SHAII BE PIACE~ IN~ THE MAhDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~r?d i~ the event tMt ~ny thereof if not
paid, sat'sfied and diuhsrged said MQRTGAGEE may at any time pay the same or any pa~t the?Mi withouf w~ivirg w affedir?p any optioA, fitii, eqvitj/ a
•~qht under or by virtve of this mortgsge and the full amovnt of each a~d every s~ch payment sMll be immediately due and payable ~nd shsll bear interdt
~rom the date thereof until paid at rate of nine per centum per annum and together w~th suth interest sMtt R secured by the tien af fh:s morytapt.
BOOK~II~ PAGf .
. : - . ~
_ _ , . ~ . ~
~