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HomeMy WebLinkAbout0407 ~~v v • .i.v t THIS INDENiURE, Mad~ th. 6th ,f _ Novembar A.p. 19~~ . butw~+ ~ _ Da~ltor? Cennon and earbare Drisooll Cannon. his Mife ~ ~ of - St. Lucie ' c«,nty Fiwid~, h~nina(t~r d~signa~ed as the -'MORTGAGQR," and FIRST PEO6RAl SAVINGS AN~ IOAN ASSOCIATION Of FORi PIERCf, • corpaat~on wp~nizsd and cx~Nir~ undN tht laws of IhR Unrt~ St~fH of Americ~ ~nd Mvinp iri pri~ttipal pl~t~ of b~rain~st in th~ City of Fw1 Parc~. St, lvci~ Cw,nty.•flo~da, h~r~ioah~~ d~~iynat~d ~i tM "MORi GEE." WHEREAS tM MORTGAGqR is j~srly indeb~ed ~o ~M MORTGAGEE i~ the sum ot f 11 00 ~ 00 good and lawful mor~sy of IFw Unif~d Statq ~dvu~c~d by the MORTGAGEE vn~o the MORTGAGOR, es evidrnced by a carra~n prom~sswy rwie o1 aren date herew~tl?, 0) wh~th tM tollowinp in 11 a ~I~~~~ • trw copy, to-wit: , 3-16 ~ 620 F«t P~.«.. F~«~a., November b 19~ Fw valw r~teiwd. 1, w~ w eitMr of us, prom~se ro~ y, wi~haut defalcation, to the orde~ of FIRST FEDERAL VIhGS AN~ LOAN ASSOCIATION OF FORT PIERCE at Fwt Piau; Fb+ida, the sum ofC=~?,y,1_17~~_!00 with infrres~ /rom da~e at the ~ate of~ ~~ro pa anrtum, in monlbly iru1+l1- msn~s ~s follows: = 10'2~~~ _ on ~he _l~•ti~y o1 Deeember ~q_~ a like sum o~ the cwrespondinp day of each month 1Mrr •ftt~ until the whol~ bt fully paid. ~ Eath installnxnf first shall be apptied i~ payment of tha i~terest and then on ehe unpaid batance of the prindpal sum. If detault is mad~ i~ tM payment of aoy inslallmem whcn due, and such default co~tinuri 30 days, then at the op!ion of /he ho~der, and without any other rwtice, i!! ths rem~inirp ~nslallmsnb shrll be due and psyable at once. Privilege it given fo prepsy this note in whole cr in part al any time without penalry. Nei her for~b~arance, nw ~ct~plaate by the holds? thereof after a~y defau~t in any p~yments hereo~, shall he deemed extension. A I~te payment thary~ of s • l~ shall b~ added to tach installmenl nmaining u~p~id 7 days atte~ its due date, and a like sum sha!I tx added to each suth inataiiment rem~ininy ~npaid 7 day~ ~ffN eacA wccedirg psymenf dafe. Eath m~kN, wtey and endoru~ hereof, jointly and severally, wa~vea damar.d, present~~ent protest and notice of proteat fw rwnpayment, ~nd fw1F~ +gnes to any ~xteosio~ of time of paymint, eithei before or after mawri~y, without nofice to any of us; and to pay alt costs of coltection, inctud;np a reasonabk •ttwney's tte irt the event ot any defaulf hereundcr, snd hereby severally waives all beneiit of homeatead ~nd exemption under the ep?~tifiifion and l~ws of each SNte of the United States, as against this obligation or any exte~sion w renewal hereof. ' Witneas tM h~nd a~+d iesl of each pa.~r. ~ . - s Del ton Cannon ~ L;~+~u . s arbare Drisaoll CgrLnc~n ~U . _ . l5E/?t,l - • ~ ~1~.~.~2 Stat~ R~venw . (91Mpn-N~cdIML M+-~ri~i~a~ ~wl~j ~ ' NOW. THEREiORf, ths MORTGAGOR for rhe p~rpo~e af ~ecvAng paymeat~of said sum oi S 1~ ~ 5~0 ~ 0~ cev~n+n~s +n~l s~.~ements IINNMNl1 expressed, snd for d~ver• yood snd wlwble coni~de.~tions, by thes~ presents. does ynnt. barQain, setl, r~mis~ releas~, cpnwy and confirm unto the MORTGAGEE, its succeasors and aui9ns, all that ceruin lo/, pieu or parul of land, situats, lyinp, and b+irip In iM ~qM~y a( +Sti• LUCf 9 ~nd Stata of Fiorida, desaibed ai to!lows: Lot 11, Block 35, SUNLAtVD GAR~DENS - PLAT N0. - 2 as per nla t thereof on f ile in Pla t Book 9, Page 54, Public Records o~ St. Lucie County, ~Florida,~ Prr` ' M S_ _P~ ~ ~ . ' - e•:E ~ ~~z ~ - IK PAY/1EHT OF T • 3 s Pi 1111"A::_,~ELE FEE$CNJU P:Opf N~ -~-t ~ r TQ CH~A;'R ~J)24. ACiS OF 19,21. W S`1`AT t~F F'~L C3 l~2~I C~A f~c r~,1-;.~s, ~ c.E.~ c~«~~t r~~~t OO~t/11E~t TAMP~ 3r4I~ : ~ gSP^f lo? D/U~If[ N. KAiQWLES, 1R ~ - St locie - ~ ~ _ Ilolli0r'~9 = Couatjr 1'ax Co?lector 1725= P.B. ~ DEPUII? C1~K top~tlw~ with atl and singvlar tM tenem~n. F~eredirame~h ~nd ~ppwances thereunto b~Iorgirg or in a~rqe appertainirg tlwrdp. ared ~I) nnta„ ip~;; pocsed~ +nd prof~ts xuui~p and to secrue from said premises, a!I of which a» induded in the abov~ and fa~poinp dac~ip~on and hsb~n~n~, 10 HAYE AIVp TO HOID tht abov~ deuribed and prinfed p?emises unto the aid MORTCs/IGEE, its svoussors ~nd qsisp~s for~vrr, /yd th~ iaW MOR~G~?GOR loi _ hein, ~xecutas, sdministrstors and asi n~, their ~g he..b~, coven.nn whh ~he .aid MorttGwGEE. i+s svoawon a+d «sipn~, that the~ ai'@ Ia,M(~~~y s~;zed of the u;d prem;ses in f~e simple; that th~ tarnt ue irN, cku and discFwped frpn all lirnr ~nd a~cu~. brances in law or in pvity. ~nd tMt the y will ~nd the i r 1Kir~ sh~11 warrant and def~nd th~ titb to th~ saim p tM Mtd MORTGACsEE, in wccessors and asaqns, faever ayainst ths tawful ctaims and demands of ~If persoro; PROVIOEp, ALWAYS that if th~ MORTGAGOR shaN pay w~ro rhs MORTGAGEE rlw pranisar~ nor~ her~inbefore dav~ed r,d shal! trvty, p~anp~ly ~nd fuly p~rform. difchar~. ~xecut~, eomplete, camply with ~nd abide by eacF? ~nd t~r~ry tht stipul~tiua, pr~emee?q, conditiay uw! oovet~nti d said wwniuay ~oq ud of this Mw~ys~e, fhen this M«t9sys ~nd ~he E:r•te hsreby ueated shall ce+s~ ar~d b~ nu11 and void, I? IS UNDERSTpOp that tfie word "Monysgor" whether in tf+~ singutp or plwsl anywhert in thit Mwtp~pe, ~haH be wpular if on~ p~ly ~ shaU b plwal iamly u+d sevaral{y N more than one. ~nd that tlw wwd "the'u" ss vud anywM~e in thN Ahwt~ap~ slwll b~ t~k~n ro nNan "hi~„" °INn," w"its," wherwar tM conhxt so implies or ~dmits. Also. ~hat wFroreve~ there h a nfaenc~ in tM covMann aod apra~nM t~~in ooMairNd b aeqe d rh~ p~rtiea Fw~w. Nw sarrw shafl b~ co~srrvsd to mean a well ~s the hein, leyal r~pesen~stires, waesson u+d ass;s,r {~iNNr vdum~ry by aet of iM p~rtiea w kwduntuy by operatiw+ of the law3 of ~he sarrK ~r~d that th~ covenann Mr~~n coot•~ed •h.11 b~,d .nd H+. b«?efin and .dvamayu inur. to tM rap~ctlve hein. Igal rspresenlatiws, succcswn a.id ass~qns of tMe pa?ties h~r~to. Md said AAortyayors, fa themsehes and the'u heirs. I~ga! ~~presentativer, urcceuon ard au~ns, her•by pin~ly and s~vN~~ly eov~nant ansl ~pn~ w and with th~ uid MORTGAGEE, its svccesson ~nd auiyna: 1. To p~Y all and si~pul~r tM principal ~nd im~?e~t and th~ variw~ ~nd wndry sums of moMy paYabl~ by virtw of s~id prornis~py nob. and t1~N mwt~+p~. ~wch and wKy, promptly on ttk day~ resp~ttiv~ly the i~ s~v~r~lly become due. Z To pay ~II ~fld NII~VIM tlw taxes. ~s~essmenb. Isvirs. liabi)ifiea, oWipatiau and encwnbanca ol ~wry na?ur~ ind kh+d now on saM dNCrlbd Wop~rh, a N+at hKS~h~r n+~Y b~ imPosed, wff~red. P~+ud, levied. . or as~s~d the~eon, a tFut Mreafter may b~ I~ri~d or pspwd ~p~ thN Morf~ aq~, a tlw Md~M~dr?~ss ~ecw~d F~ereby each and wery, wMn dw ~nd payabl~, sccordinp to bw, b~fa~ th~y becane d~linqwnt. ~d b~fon any IeM~t +tt~chei a~ny p~nilry. b 3ncwred; AND INSOFAR AS ANY THEREOF IS Of RKORO TNE SAME SHAII 6f VROMPTLY SAT15f1ED AND DISCHARGEO OF RECORD ANp TME ORIGINAt OFFKIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC?ION pAPER OFFICIAIIY ENOORSED OR CERTtf1ED) SFIAtL 6E PLACfO IN iHE MANDS OF SIt1D MORiGAGEE WIIHIA! TEN OAYS NEXI AF1ER PAYMFNT; ~nd in tM ewnt that ~ny tlwr~of is nol paid, fat'~fitd ufd disth~ryed sa:d MORTGAGEE m~y ~t •ny urtk paY the same w any pan lhereof withovt w~ivinp o~ ~ff~ctinp am optipn. IIM, pyify p ~pht u~de~ w by virtw of ~his mortyage ~~d the full ~mo~,nt o( each •nd every iuch payment shal! b~ immediatety due and payablt ~nd ~Mt? brar iM~ryr hom tht d~t~ tht~~of until paid ~t rate oi nlne per centum p~r annum and toye~he~ with ~uch imer~t ~M ur~d by th~ ~Qf ~h.s ~norytp~. aooK PacE 4i,ii~ y . ~ . . ,x ~~..t;;~,,x. t ` - -~w ~~.M - rv-- :~r.=