HomeMy WebLinkAbout2079 • ' , t ~ • (~S
THIS INDCNTURE, Made ttx 1$Lh _ dsy of _ OCLOD6! A.D. 19?~ . brt~een
J. W. Owens and Mary l.ou Owet~s, his wife, _
of St • LuCi@ County Flor;ds, hereinafcer desgnared as the 'A1pRTG/~GOR" and F~RST fEOERAI SAVINGS AND LOAN
ASSOCIATION OF fORi PIERCE, • corpo~a+,on organ,zed and ex~s~ing under th~ laws of 1he Un~ted Sta»s of America and heving iti principal place of
businsss in the City of Fort Pierce, St, luue Couroy, Fiorida, he~einafter designared as ~he "MORTGAGEE."
WHEREAti !~e MORTGAGOR is ~uatly indeuted to ~he MORTGAGEE in the sum of S_ g~~-L~----- 9ood and lawful money of Ihe Un~ted
Sta~es advanced by the MOP.iGAGEE unro ~he ~dJkTGAGQR, as evidenc<d by a certain pron~~iaory notz o+ even date i~~rewnh, ot wh:ch the foilowiny in
words and tiguros ia a true copy, to-wit: f
s 8~100. 00 ra 5-16 . 582
Fort Pierce, Florida, ~CtOti@Y 15 ~ ~q_ 7~ ~
for ral~e received, t, we or either of us, prom~se to pay, w~thout defatcation. ~o ~he order of FIRSi iEOERAI SAVINGS AND LOAN ASSOCIATION OF t
hORT PIERCE af Fort Pirrce, florida, the sum of 5-811~~00_ w;~h ~nterest irorn date at the rote of _~?+lo per annum, in monfhly install- ~
~„rnts as Fol!cws: 5--77!~-- on the _ 1St11d~y of _~C~bQY ,~9_7Q. and a I;ke svm on the cocrespond~ng day of each month there- '
afrer until the whole b~ futly pa~d.
Each i~stallmem f~nt shall be ap~~I~d ~n pa;ment af ~he ~nterese and then on ~he v•~pa:d balance of the pr~nc;pal sum. If default is made in the
; ayment of any insrallment when due, and svch d~•fault contin~es 30 days, then at the opt;on of the holdcr, and wifhout any other not~te, all the rrmain~ng
~~stallments ihall be d~e and paysbie at ont~. Prn~lege ia giv~~n to prepay this nore ~n whole or in pa~: at any t~:ne w~thout penalty. Nehher forebearante,
nor accep~ente by the holde~ ~hereof after any deiauit in any paymenq hareon, shall be deemed eart~ns~on. A late paymeM tharge of S_ 3~ 85_, sha11 be
~dded ro each i~stali~r.er.t remain~ng ~npa~d 7 days after ies due date, and a 4?e aum shall be added to each such instaltment remaining unpaid 7 days after
each succeeding payn:ent date.
Eath maker, surety and endcrser hereof, jo~:~~ly and s~~vera'ly, waives de~»and, presennt~ent p~otest and notice of protest fw nonpayment, and further
agrees to any eatension of h~r.e of paymem, eithrr before or atter rnawriry, wi~hout no!!ce to an; of us; a~~d to {~ay all costs of cotlection, includ~ng a
reasonable attorney's fee in the e.•ent of anv defauh hereunder, and hcreby seve.ally waives aI1 b~nef~t of homrstead and exemption under the constitution
and laws of each Srate of the United Sta!es, ~s aga~nst rhis obligafio~ w any extens~on er reneY.al hereof.
Witness the hand an~1 seat vf ea~h par~r.
SI .I . W • O ~~QLI S (SEAL)
(SEAL)
S/ Mar y Ldu Owen s ~AU
$12.15
) State Revenue .
MOMI, THEREFORE, the MORTGAGOR for the purpose of securing payment of said s~m of S~a 1~- ~ , and the perfo?mance of the
coven~nn ~nd agreements her~einafter exp~eued, a.w ior d~vers good and vsluabk considerations, by thesr presents, does graN, bargain, sell, remise,
release, tonvey and conf~rm unto the MORIGAGEE, its successors a~d ass~gns, all that certain lot, piece or parcel of land, aituate, lying, and being in the
County of $t• 1.11C1@ and Stafe of Florida, deacribed es followa:
Lot 1, THIRTY TNIRD STRBBT SUBDIVISION, as per plat thereof recorded in Plat Book
'7, page 53, Public Records of St. Lucie County, Rlorida,?
u' I ~ ~ - ~ - - -
~ Z Uoei~r~~ ~
~ _ ; j
_ = z~~ -
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~...r~„ / ~ U COM~TRGLLEA~~' ~ ~ ~ S
r - ~ -fP-
~ G_ ~ PB.,9o~:3 ~ ~a~
' r~~ rr,?ayc~s N PAYMEfYT OF T
, tF ~ a~s
, oF J:~.~r
k 2~~t4, ncrs~o"~~sa~i.~Een,
; a. ~ Circurt ~u~
! t ~•"':~fc_L N. Kh'OWLES, 1R
j :t :u_ie Ccu;.t~ Tax Coflector
I '
[ By ~ 3
~EAU1Y CLfRK
~ ~
~
s -
~
~ together with sIl and singular the tenements, hered~uments and ~ppurtances thereuMO belonging or in snywiu appertaininp thereto, and sll fenri, (uws,
~ proceeds and profits accruirg ~nd to accrue from said premises, all of whi:h are included in the above snd fwe9oirg destription and h~bendum.
~ TO HAVE AND TO HOtD the above dewibed and granted premises unto the said MORTGAGEE, its successors snd asai9nf forev~r. Md tM said
~ MORTGAGOR ior - Lheir heirs, exec~tors, admimstrarors and assigns, hereby tovenants with the s~id MORTGAGEE, its successws and ~tsipru,
~ ,h„ the~r - atg lawfully se~zed of the wid premiies in fee simple: that the same ~re iree, dear and diuharyed from all liens ~nd N?cvro-
~
~ brances in I+w o~ in equity, and tbat they_ W;~y aRd _ t~lell _ heirs shal~ warrant and defend Ihe title to the ame to tht aid
~ MORiGAGEE, its successors and ats~qns, forever against ~he iawfuf daims and demandf of all persons; ~
PROYIDED, AIWAYS Ihat if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefore dexribed and ahall truly, p?omptly
~ and fully perfo~m, d~uha~ge, execute, comp~ete, compty wf~h and ablde by each and every the stipulations, ~greemems, conditians +nd covsna~b of ~~id
~ promisso~y no~~ +nd of this Mortgage, then this Mortgage and the Estate hereby created shall teese and be null and void.
~
~ IT IS UNDERSTOOD that the word "Mwtgsgw" whe+her in the s~ngular o~ pfural anywhere in th7s Morgs9e, shall bt sinpular if orw only snd
~ thall be plural jointly and severally if more thsr~ one, and that the wwd "their" as uscd anywhere in thia Mortyays shall be bke~ to mean "his;' "Mn,"
~ w"iri;' wherever tho conte:t w imp!ies or admirs. Alw, that wherever there if a reference in the covenantf ~nd ayreem~ntt h~rein coM~ined to ~ny of
~ fhe pa~ties hereto, the tame ahall btr consrrued to mean ss welt as the heirs, legal representstives, successws and •~sgns (eithtr volunt~ry by acf of tM
~ partid w involum~ry by oper+tion of the law) of the ssme and that the covenams herein contained shall bind ~nd tht benefits and advaMpp inur~
~ !o the respective heirs, leyal represemat~ves, successors and ass~gns of the parties hereto.
~ E
And said Mwtpagori, fw themulves and their he~rs, legal represent~tives. ~uccessors and auignf, hereby jointly and ~everally covtna~f •nd pr~t 3
~ w and with tM faid MORTGAGEE, ip s~ccessors ~nd ass~gn~: s
~ 1. To pay ~II ~nd ~inpubr tht printipal and interest and the vsrlous •nd sundry sum~ of money payable by virew of said promissory ~?ott, ~nd fhis ~
~ mwtppe, uth and ev~ry, promplly on the days respectively the s~nx s~v~rally become due. ~
~ 4. To p+y all +nd sinyvlsr the taxe~, ~tussment~, ~av~es, I:aSilit~e~, obliqation~ and encumb~~ncn of we?y n~rurt ~nd kind now oe ~aid dyctib~d !
~ p~o~~ty, or that here~h~r m~y be ~mpwed, su(fertd, platcd, levied, or ~sstssed ?he?eon, or that here~fftr may b~ levied w a~essed upo~ fhis Mort¢
pt, a the indebt~dnetis secured herebY, t.xh ~nd eve~Y, when due ~nd pay+bl~. ~ccadinp to Iaw, b~for~ they beconN delinqwnt. ~nd b~fwt ~ny intN~t1
~ strathas a•ny pena~ty is incurred; ANO INSOFAR AS ANY 1MEREOf IS OF RECORD THE SAME SHAII 6E PROMPTIY $ATISFIE~ AND DISCHARGEO OF
~ DECORD AND TME ORtGINAt OFFICIAI DOCUMENT (SUCH AS. FOR INSiANCE, THE TAX RECEIPT OR iHE SA'~SFACTION QAVER OFFICULIY ENOORSED
UR CERTIfIEO) SHAtI dE OUCEO IN THE MANDS OF SAID MORTGAGEE WIIHIN iEN DAYS NEXi AfiER PAYMENT; •nd in Ihe ~v~~t tF~~t ~ny therto~ b not
~ p~~d. sN s~itd and d~uh~rged sa d MCRTGAGEF m~y •t eny t~me pey the tsrne a any part ~hereoi wi~hout waivinq or a(feUiny ~ny oplion, litt~, equify or
•.~ht v~de~ a by v~rtue o~ tn~s mo~tqa9e •nd rhe f~lt amuum ol e~ch •nd every fuch p~ymenl sh~ll be immed~~tely due •nd p~y~ble •nd ~hdl bt~t int~r~it
~ ~•om the d~te theno} uNi{ p~~d •t rate o~ n:ne per centum pe~ snnum ~nd tope+har w~~h svch interr~t ~h~ll be tet~.red by ths I~~n of ~h:s mo~ptye.
to~ i87 ~~+0"l~ ~
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