HomeMy WebLinkAbout1646 ~
, 19331~
THIS INDENTURE, Mad~ t~ 12th ~y of hlaj( A,D. 19~.. b~tw~en
_ Fzankie Lou Smiley, a single adult; and A. C. Gannon and Lois F. Gannon~ his
wif e
~
of St. ~C1@ Covnly florida, i+K~inaftp daiynsted ~s tM "MORTGAGOR;' and fIRST fEpfRAI SAVINGS AND IOAN '
_ ASSOCiAT10N Of fORT PfEKE, ~ cwporation wpaniud and ~xi~lirp und~r 1h~ laws of tM Unit~d Sat~s of Am~~k~ and Mvirg in principal pl~ of '
_ busirwss in tM City of fort Pi~ra, St, luw Cou~ry, FIorW~. Iwr~inahor dsiipoat~d a tM "MORTGAGEE."
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WHEREAS th~ MORTGAGOR is jwtly ind~bt~d w th~ MORTGAGEE in ths wm of = 8~ 0O~• 00 , good and lawfui ma~ey oi the lM~ted
Statcs advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidented by a cwtain p~omiuwy note of even date herewith, of which the (ollwrinp in
words and figu~ea a a trw topy, fo.wit;
\ s 8~ 000• 00 ~,b, 16, 314
w?t Pie.ce. Fio.ids. MaY 12 1970
' Fw value received, 1, we w either of us,
_ {xomise t~o
jy, without defak~tan, to the order of FtRST FEDERAI SAYItVGS ANO LOAN ASSOClATION Of
FORT PIERCE at Fat Pie~ce, Flwida, the sum of ~ 8~"""~ ~ with interost f~om date at the rate o~~~.96 per ~nnum, in monthly install-
' ments u followi: = 71• ~ an the day of -~un~~ 19.~ZQ... and ~ liks sum on the cw~eipondinq day of each mo~th ther~-
afrer until the whol~ bt fvlty paid.
Each installment fint s6a11 be applied in paymeM of tM intere~t and then on the unpaid 6alance of the pri~tipal wm. If defsult is mads in the ~
paymeM of any installment when dva, and such defiutt continues 30 days, the~ st fhe option of the holde?, and withoul any other noticc, all ths remaining ~
;nstailments shell be due and payable at once. Privilegs is 9iven to prep~y this note in whole or in pan at sny fime without penalry. Neither forebear~nce, ~
- nor scceptaece by the holdcr thereof sfter sny default in any payments henwn, shall be deemed extrnsion. A late payment charge of = 3' S5 , shslt b~
` added ro each installrtKnt rcmainirg ~npaid 7 days after ib dw dats, end s fike ium shaU be sdded ro each such installmeot remaining unpsid 7 days ~fter
each aexceediny paYmen! ds1~.
Each maker, surery and endorser hereof, joinHy and severally, w~ivet demand, presentment protest and notice of prote:t fw nonpayment, and further ~
agrces to any exte~sion of t~me of p~ymeM, either before w after maturity, without notice to any of ~s; snd to pay all costs of co!lectior?, Fnclud~np a
~ reasonable attomey's tea in the event of any default hereunder, snd hereby seve~ally waives all benefit of homestead and exemption under ths constitutan
~ and laws of each State of the United Statei, as against this obliyation o~ any ~xtension or renew~l hereof. . .
? Witness.the hsnd ~nd seal of eath psr?Y• dC~Ult
/s/ Frankie Lou 9miley, a single ~
/s/ _A. C. Gannon ~q
/s/ Lois F. Gannon ~
~ l- $12 • 00 ) Sat~ Revcnw I
NOW, THERfFORf, the MORTGAGOR for th~ purpose of secvrinp p~yment of ~id sum of ; 8~~0 ,~~d the
cover?~nts u~d ~preeme~n hersuuher expressed, u~d for diven ~ood ~nd v~lwbl~ consider~tio~s, by tMse ~O~^1i^C° °f ti»
release, tonw and confirm unto the MORiGAGEE, its sva.essors a~d ae~^n• ~s yr~nt, b~r~sin, ull, remise,
Y ~ssigns, dl that aertun lot, pitu or puce! of land, situaf~, lyinp, snd being in the
Couniy of S t. Luc i e , and Sata of Florida, dewibed a fdlowse
Lrots 13 and 14~ B1oGk 7, SUN1Alm GARDENS SUBDIVISION~ as
per piat triereof recorded in Plat Book 8~ page 32~ Public
Records of St. Lucie County~ Florida~l.
RrCEiYED IY PAYHE!'(T QF TAXES
' C:~E ON C~•~S 'C lNiM'GI81.f PE't~.`:;L ?31PEZ1Y.
Pls'.:SL:4NT 70 CNAPT=R [C/24, AC:S Of 1111.
; . : . ~ , ~ , . . • • GuG~R PGi~iAS, Cte~k Cireuit CCn~
} rl.~i.r'itli~GiL'i.1~ ~:~Tf--~~~,--!;:.~ `
J z _ _ as Ageet i^t C#..~'i~l N. KP.Gti'19.ES~ !it ;
~ r~~ : ~
= ~~i,_^~~~ ~ 2 ~ 0= St Lucie CeL:.t/ Tax Cuilector + :
v~ vi ce+~:?TROLLEn~~~__: _ I '
~B.14Ji33 - _ - Q7 CJ~C~'-~"~/ ~
DFP'JIY CIE~K
rogethsr with sl! ~nd singvlu tfw tensm~ntt. hereditsme~?H and ~ppwbnces tMrwnto b~lagirg or in anyvvist ~ppertainirg tMreto, and di ren», issw~, ~
p.oc.eds and prof~n aaruinp snd fo ~ccrw from wid premaes, a!I of which art induded 1n tlw above ind forpoirg dacription snd habendwn.
TO HAYE AND TO FIQID tM abow d~scribed and yranted premises ~nto rh~ faid MORTGAGEE, its wocessws and auipm fo?ever. Md th~ safd
MORTGAGOR for Min, execvton, admioishaton and •
their ~y~q, ~~y ~M~n with the uid MORTGAGEE, it~ woctswrs and assipnt,
thev are ~ f~
that lawfvly s~;zed of tM wid pr~maes in fN I~s th~t th~ s~m~ uo hN, cbsr snd d'
brer+ces in bw w in eqvity, +nd tfiat they will and their FKi?s sMll warr~M and dsf~nd tir titl~ b tM sam~ to tlw ~aW
MORTGAGEE, itt successo~s and aisgm, forevsr apsirot the lawful daims ~nd demands of a!I per~onat
PROVI~E~. /1LWAY5 tMt if tl~ ARORTGAC~OR ~It p~y nnro t!u MORTGJIGEE th~ pomawry not~ her~ir~fon d~scrib~d ~nd sF?dl nulY, promptly
and fully perform, diachsrpe, e:~cvtt, eompkt~, tomply with ~nd abid~ by eath and ev~ry the stipu{aYans, apreern~nb, conditions and oov~n~nq of uid
prorriusory noM and of tha Mort~ape. then thia Morty~ge ud ths Est~te hK~by asat~d shall o~as~ ~r?d be rwll and void.
IT IS UNDfRSTOOD tfyt the word "Mwty+9or' wheth~r in tM sirgular w plwal anywf~e in this MortQapt aMU be sinpular if a+~ only and
shall be plwal joimy ~nd wverally if mw~ than one, and that tl» word "tlKir' u vad anywhen in this Mort~a~e sh+ll be t~ken to nw~n "hh," •,Fws,•• :
w"its;' wherwer fl+e cont~xt so implies or adm;ts. Abo, that wherever there is a ref~reon in tM oov~rNnts and apnertients her~;n oontaimd to ~ny oi `
rhe paties haeto, the wiw sh~lf be cannued to mean a w~ll u!he iw;n. I~p~l npresent~tiws, wcassas ~nd assiyro (either vduntary by ad of th~ f
panies or involunt~ry by operation of tFw I~w) of tFw s~ ~nd that TM coven.~n Mrein cont.ined shalt bind and rh. ba+~.fin and advantpa inw~
to rhe rapeaiw h~in, lpal r~pr.se~ratives, successo~s and ast°yr~s of rh~ putia Mreta
Md ~aid Mo.tppors, fw the*ns~lws ~nd ti~e& Iwtrs. Ipa) r~pr~ssntaYna. wassson and assip?a, hereby jointly ar?d wv~rally wwnam and ~yr~e
ro and with th~ s~id MORtGAGEE, its sucussors and ~saipns:
1. To p+y ~11 ~nd ir+p~rlar th~ pr'~ncipal and intaat and the varian ~nd wr~y wms of mo~eY P+Yabl~ by virtw of said promi~awy noN. ~nd tNs
mort~+pe, exh and twry. P~~Ptly on tFw dsyt ~e~pactivsty the saerw Nv~r~fly b~ca~» dw.
2. To pay ail snd skgvlu th~ taxes, ssssawnents, kviss. li~bilitin, obliQations and encun+b?anc~s of swry nstun and kind now oe s+id d~suib~d
P~~h, a MMt IIlfNNN ~IIiY bf If~POt~. wffK~d. plaad Iwi~d, or a~d thenwb a rhat her~after rnay b~ Iwi~d a uu~d upon IMs Mat¢
sy~, a t1N indebt~dnsw sscw~d haeby, tacfi and ewry, wh~~ dw ~nd payabl~. +oeordinp to iaw, b~fon th~y bacor~ delinq~rHn, and bsfor~ any int~rat
attaches p atry pe~Ity k intwred; AND INSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SNAtI EE PROAAVTIY SATISFIED AND DISCNARGED OF
RECORD AND THE ORIGINAI OFFICIAI DOCUJNENT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENOORSEO '
OR CERTIf1E0) SHAtI 6f PLACEO th THE HANDS OF SAID INORTGAGfE WITHIN TEN pAYS NEXT AFTFR PAYMENTj ~nd in the ~vent thst ar?y tFwreof i~ ~ot ~
paid, sat:sfied and discharged saEd MORTGAGfE may ~t any time psy the iame o~ ae?y put thaeof witMovt waivinp or affectirg ~~r option, lien. eqvity or
•~qht under a by virtw of this mort~aye ~nd the f~ll ~mw?nt of e~ch ~nd ~very such payrtient iMll be irrumdi~t~ly due ar~d payabk ~nd shall bs+r int~rdt
~.om the date tl~ereof until pid at rate of nin~ per centum per anrwm ~nd topeth~r with such intsrest shall 1» secwed by the lien of th:s mwqtay~.
BUO!(1s4 P~~~s43