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HomeMy WebLinkAbout0552 ~ llth Nova~ber 2~ 08~~0 TNIS INDCNTURE. Mad~ the__R day of _ A.Q. I9_.-. IwtwtM Mlillieuo 4. Morris __a~rc~ Do2o~e MorriR+_..2u1+R Yife ...._w_r__ of St• Lucie ~ ~~p~~~y Flor~da, ?ure~n~lte~ des'r~nared at the "MORiGAGOR." and FIRST FEDERAI SAVINGS AND tOAN ~ ASSQ~IATIpN OF fORT PIERCE. • corpor~t~on or~a~i:ed and ea~i~~ti r~ ~he~w~ 9! l1y ~d S~at~s oi Amsrit~ a~d Mvinp its printipd pl~u of a butinqs in tM City oi Fwt Pi~rc~, SI. l~c~ County. flwida, her~~~~r ~Iy~a M`~th1 AGEf:' WHEREAS 1M MORTGAGOR is j~n11y inde5tcd to the MORTGAGfE in the wm oi = good ~nd liwful money of Ihe Uniled Stata adv~nctd by the MORTGAGEE unto the MORiGAGOR, sa ev~krCed. by a aerlrCn' {uom~uwy note oF even date lxrew~th, of wh~th ~M followinp In wadL~~_~quj~~ a a trw copY, tawiC , : al.c~u . ~ _ 3-16 b29 . ' . : Noveaber 11 ' p . , forf Pierc~. Flaida. 19 7 fp valw received, 1, we or either of us, prom,se rto pay, without defalta~ion, 1o Ihe order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCf at Fat rPie+ce, Fb?ida, ~he sum of =-~~Z~~~ wlth interest from date at ~he rate of m per ~nnum, in monthly imfal{- ~ ~nenrs as fol!ows: i 7~~ o~ ~he l~tZ1 day o{ ~C~2' _,~9 ~Q__ and a Nke sum o~ thc care:pondinp d~y of eathtnoMh thtrr ~ etrer until the whole be (ully wa~d_ t Eath initaL'rmnf iirst shall be appGed in payment of tha inrerest and ~hen on the unpa~d belan~e of the princ7pal tum. If dalauh t! msd! io th~ payr»enf of any in~tallmen! when dve, and such defauh conti~~rs 3U days, then al ~he ophon oi the ho~der, and without any othe~ notice, all fhe remaini~ ~nstallments sMll be due a:x! payabk at oncc. P~ivilege ii g~ven to prepay this note in whole or in part at aRy time without pen~lTy. Neither fwebtaranc~, nor atcepttnce by the holde? thereof a(te~ i~y dcfault i~ any paymerita htreon, shall be deemed ertrnsion. A late parmem cMrge of = 2• shall b~ added to each insra~lmeot remaininy unpaid 7 days aftsr ib due date, and a Ake s~m shatl Ge add~~d to each svch instai4neN remaining unpaid 7 days sfte~ each ~~cteeding payment date. . Each maker, surety and endorser hereof, jo~ntly and severatly, waives den:and, presennn,;m prote:t end not~ce of protesl for nonpaymeM, ~od fuAher agr~ fo any extensro~ of time of payment, either b~lore or ai:rr matu~~ty, without not~te to a.,q o1 us; and to pay all costs of collection, includirq • reasonabk attwney's fee in Ihe event of any de}eult here~nder, and hereby saverally waives aIi benefit o( homestcad and exemption undtt 1he eonstitulion e,d Isws of each Stete of the United States, as agamst thia obi~ya~im p aoy exte~s~on or renewat hercof. Witness the hand and seai of each partv. s/ Willia~s A. liorri$ ~q ! Dolores Morr3s ~U - ; s ~5~?t,~ I t ~ ~ ~5 ) State Revenue ( ) r . NOW, THEREFORE, the MORTGAGOR (w the purpose of iecuring payment of sa~d sum of S 7~~~~~ ar~d the prrform~nu pf th~ covenanri a~d eyreements hereinafter exp:esxd, and fw d~vers good and valuabte co~s~derations, by these presenrs, does y+ant, ba~yain, ull, remise, release, cortmy ar~d confi~ unts theieMpRTGAGEE, its iucceasors and auigns, all thaf ce~~ain lot, piete or parcel of land, ~ituate, (ying, ~nd beinp in tM ~~+b ~ luC and State of Ffu~da, deiuibed a fotlows: All of Lot 22, Block l, of 1QRE7 SOBDIYT3ION as in P7at Book 3, at page $6 of the St. Lucie Count,J~ 1r].orida pnblic recorda, BZCSPTDia TI~RSFR~ the lollaving: Begin at the ~esterly corner of ~aid lo~t and-run northeasterly on the nortl~nrester~jr boundary of said lat 10 feet; thence southeasterly para11e1 rith the southxesterlp ~ bou~dary ot said lot 30 feet; thence sontherly 22 leet ~tor~e or less to a poi~ on the aouth~rester~y bounda:y of aaid lot 50 teet_,~~s Point o! Beginning; thence north~rester~j on eaiQ southvester~r ~~~9 5~ feet to ~he Point of Beginning,•i o° / 1N PAYMEHT OF TIUtfS P,zCE~ S- _ _ . _ . p~•~ G`: •~L1~S C IttTAtiGI81.E PERSONAL PROPERIY. T_ P~, ~o c?~~R Z(1724. ~crs oF i~~. 5~ 1 t r L U t-t i v A~ . • ~ ~ i~O..U~AENTAo~ STdMP ~ ' . rG{+EAS. -Cterk Circuit Courl -:av~,~''\i or as A~°~t tor OAhIEI M. KNOWLES„ 1R ..s ~ _ ~Ori3~7~ ",ts _ ~ ~ = ~ = 8 ~ 5~ St Lucie Cou~.ty jax Colleda = N V COM.PiRBILER P.B.199i33 c~ C C~~ DEPIttY q~ toyeth~r wHh all and singvlar the tenernents, he?ad~tamenh ~nd appurtences fhereu~ro belongirg o? in ~~ywise aAperlsininp thveb, ud ~11 nnts, bs~rp, prxeeds and prof~n xvuing ard to scuve fran said premises, all of which are included in the abov~ snd fore~oinp dewiption and Iwbend~n~ TO HAVE /1ND jQ _HpID the above desa~bed and 9ramed premises unto the said MORTGAGEE, ib wocecson and ~uqea fw~wr. Md th~ wW Tii1612' MORTGAGOR fw heirs, executas, sdministrators and assigns, hereby covenanb with the ~~id MORTGAGEE, iri s~Kt~aon ~nd assiptM, rhn a~ lawfully u~zed of the ssid prem~aes in fee simple; that tF?~ s~rrN a~e fres. cfear and discMr~ed from ~II iient and ~ncua~ b~antes in Iaw a in equity, snd that th@y wili and t~~ hein shatl w+rrant ~nd defend tM titlf fp the awM b th~ said.: AROR1GAGfE, its wctessors ~nd auigrn, forever against tt?e lawful daims and demsnds of all Fersonf; YROYIDED, A1WAY5 tMt if the /NORTGAGOR fhall pay unto the MORTGAGEE ths promiswry note hertinbefwe deicrib~d ~nd shall huly, prpnplly and fully perform, di~cMrqe, e:ec~te, complete, comply wi~h and sb~de by each a~d ~very iF+t stipul~tioro, ~yresmenri, conditiwq and covm~nb of s~id promiuwy note ~nd of this NSortgr~e, rhen rhis AAo.tgage and :he Esrire hereby ae~ted shalt cease ~nd b~ null and wid. !T IS UMt~ER5T00p that the wwd "Mwtgagw" whether in the ungulsr or ptwal ~nywhere in Ihis Mortgape, thal) bt sinpulu if aw onty and shatl 6e plural joimly and s~verally if more tt~~n one, and that the wwd "their" as used snywh~re i~ this Mwtyaye sMll be fake~ to mtan "his," "hen„" w"iri.' wMrever ti~e contex~ w~mplies a ~dmirs. Also, that wherever there is a reie~erue in fhe cownanq ~nd ayr~em~nb htrein toe?t~imd fo ~r of +h~ p+nies hs?eto, the tame th+ll be construed to mean ~s well as the heirs, ley~i repretenutivca, succetson ~nd ~uipro (~ithar volw?tary by act of th~ panip ot invol~tnl~ry by operstion of the Iaw) of the same and thae ~he covenanfs htrein conuined sMil bind ~nd tht b~~sfin and advantapN inYr~ ro tM rap~ttire hein, I~yd represent~tira, succeswrs and au~yns of fhe p~rtiss her~to. Md sa~d M1o?~paport, (w themselvq and their hein. Ic•a~l ~ep.exnt~tives, wccetwra and assiyns, her~by joiMly ~nd s~vKally eovtnaM ~nd yn~ ~o and with th~ s~id MORTGAGEE, its successai ~nd ~uiqns: 1. To. pay all and sinpular the p~ncip~l ind interest a~d the vario~s ~nd ~vndry ~ums of mw~eY peY~bl~ br virrw of said promiuwy noh. ~nd fi~it mortQapt, tath and wsry, promptly on tht d~ys respectively th~ same s~v~rally becan~ dus. 4. To p~y dl and wgul~r the u~es. ~ssetsments. I~viei. Iiabilities, obli9ations ~~d a+cvmbrancta of ~vtry natw~ ~nd kk~d nOw oe~ ~aid d~wlb~d prop~rty, p th~t i~t~ft~r may be impwed, suf(erd, pl~ced, levied, or ~uessed /her~on, or thal f~~~fla m~y b~ I~vied w~tusad upa~ MN Morl¢ p~, a tM L+d~br~dneu secwed Ix~~by. ~xh ~nd ~vay, wMn due and p~y~bb, accwdiny to I~w. be(a~ ~hey becan~ d~linqw~t. ~nd b~fon ~e~y k~at ~}!aches w any pena~ty i~ inturred; AND INSOfAR AS ANY THEREOF IS OF RECORU THE SAME SNAtI dE PROAMTtY SATISfIE~ /1ND DISCHARGEO OF DE~ORD AND TNE ORIGiNAI O~FICIAt DOCUMENi (SUCH I15, FOR INSTANfE, THE 1A7( RECfIP1 OR THF SATISfACT10N iAPER OFFICIAIIY ENOORSED OR CERTIFIED) SHAII dE PLACED IN 1HE HANDS OF SAID MORT(',AGEE WIIHIN TEN DAYS NEXT AFTER VAYMENT; ~nd in the tv~nt IMf My fMrpf it eq1 c~~d, as~ s(ied ~~d d~ah~rped N d MORIGAGEE m~y at any ~~me p~y the s~me a~ny p~rt ~Mreo( wi+hout w~ivinp or s(f~ctiny ~~ry option, liwn, pttify or ~~~hf under w 6y vi~tw ot th~~ monyaQe ~nd the (uU ~n.ount of e~ch and every wch paym~n/ sMll b~ immedl~tely du~ ~nd p~yabk ~nd ~11 b~w iMerM1 hom tM d~t~ ther~o{ until p~;d ~t r~te of n~r,e ,x•r centum per •m,vm a.~d toqNh~r w.~h tuch im~reft sh~ll be secur~d by th~ li~e? 01 th:• maqtp~. aQ~ 1~8 55~. µ ~ ~ 3 - ~ . ~ ~ - ~i4' ~ } - - _