HomeMy WebLinkAbout0554 2C0812 ~
THIS INOENiURE. 1K~J~ tht 6~ day af Nave~aber w.~. 19~. betwNn
lian F. Sawmson and Bonita 0. Sa~so~, hie witec Harard W. S~~~n
Helen D. 3a~pson, hia irife; and ~eraon 0. 3a~on and Iria T. Seup,~,~ his ~fg^
of St L Luaie Cwnty Fiorida, herainaftN desgnarrd as thu "AWRTGAGpR," and FlRST fE~ERAI SAViNGS AND IOAN
ASSOClATION OF fORT PIERCE, a corpaation ory~nized and sx~~t~ng u~+Jerti~i~ 1lws of,1~,,U1~~ 5 t~ of Americ~ ~~+d havi~?p ib principal pl~u of
buunas in tM City of fat PiMC~. St. l~ci~ Counry. F{orida, hereina(ta des~jMt~ js th~ "I~ORT
WHEREAS tM MORTGAGOR is jvuly i~debted w ths MORiGAGEE in the sum of 3~~~ • good and lswfvl ma+s~ of tM Un~ted
Stata adw+xed by ths MORIGAGEE unto tF~e MORTGAGOR, as evidcnced by • culaio p~omisso7y`l~bt!"~?~even date herewith, of whlth ths iollowiop in
wwd~ and fiyur~s is a trw copy. ~o-wi~: ~ i
~14,900.00 ~ . ~~3-16,6 _
_ w~ Pt.~... fy;.~d+. Noveabo r 6, 19~
fw wlw received. 1. we w ei~he~ oi us, prom'~,x• ro pay, without delalcation, ro the order of FIRST FEDERAL 5~1VIN6S AN~ ~OAN ASSOCIATION OF
fORT PIERCE al fort Pierce, Fbrida, the sum of j__l4~ZL~~~_ wnn interest from date at the ?ate ofe~`%'pe~ ~nriu(~,1n~nwNhly insbll-
menrs as follows: 30•~ on the ~ th day of Feb~_- !9_~~___ and a I~ke sum on the co.rsipond~n9 day of es~A month thert-
after until the whole be futly pa~d. _
Eath installment first shall be appl~ad in payinent oi the interest and ihen on the unpaid balance of the princ;pal sum. If de~ault is madt in tM
payment of aoy irts?allment when dus, and such dr}autt contin~es 30 days, then at the opt~on of ~he hotder, and without any other notice, +11 the reenainirg
installments shall be due and payable at once. Priv~lege is given to prepay this note i~ whole a in part at any tirru withoW peMlfy. NeitLhar fotebearana,
nor acceptants by the holdet thcreof after any defauN in a~y paymenls hcreon, shail be deemcd eate~sion. A late payment tharge of v• 0 ~11 be
added to tach in{talimenf remaining unpa~d 7 days aft~r its due date, ~nd a I~ke sum shall be added lo each such installment remaininq unpiid 7 d~ys ahK •
each succeeding payment daro.
Eech malcer, surery and endorsrr hereof, joimly and aeverally, wa~ves dema~,d, presemrnrnr p?otest and notice of protest fw nonpayment, sod fuHher
agreea to eny extension of t~me of payment, either before w afrer maturity, without nor:ce to any of us; and ro pay all costs of collection, iocludin~ a
reasonsbl~'attorney's tee irt the event of any dafau:t hereunder, and hrreby severally waives all benefit of homestead and exemptio~ under the corotitutan
and lavrs of each Stab of the United States, as against this obl~gation or any extension or re~ewal hereof.
Witness the hand apd seal of each pa~ty,
/s/ ~tillism F. Saa~soA ~
/s/ BSnerson (3. Sampson s Bonita (3. S son
cs~?u
~ a aKard i~T. S son
1s/ Iris T. Satapson ts~w ~
~ ~2.35 s Aelen D. Saspson ~
) Stat~ Revanue
l6tieep~-~aw~oeM~d-vw~e.t~w~.ln~r)
NOW. THEREFOQE, tM MORTGAGOR for the purpose of securing payment of ssid sum oi S ~~f9~'~ ~ed th~ performance of th~
covtninq and ~reert~ents he~einsfter expressed, and fw divers good and valusble considc?ations, by fhese p~esenh, does q~ant, .baryain, self, remise,
release, oonwy ~nd confi~m unto the MORTGAGFE, ifs successors and asiigns, atl that certain lot, piece w pucel of land, sit~att, lyinp, a~d beinp in the
~~+~+b ~ $t• ~i@ and State of Florida, deaaibed u fdlows:
I,ot 16, less the North 5 feet, Block !t, MAAAIIII.LA t30LF pQRK,
as per plat thereof on file in Plat Book 5, page 43, Aiblic
Records of St. Iucie Cwnty, Florida,
. ~ ° ?x r+?nAa~r oF T~ -
RECEIVEO It~RM1GIBLE ~N' ~
D`JE ON CUSS ` AiCTS OF 194~.
pL :'3::e~NT TO CFW'~=R 20724.
~:;,r, F iUISP.l1SS, C(e~k GrcuR Court ~ _ .
- a; Aoert f~r ,C~NI~L N. 1(NONfIES, ~R STI~1 i~°` t- L U t-! t L' A
ou ~
v DOCIH~l~1TS°r~'STAMP i.~?~ -
St lu=_ie Gcu~ ty 1ax Collector ~ z _ _ ;
c_ .~a'~ ~ _ ~ori3•~ ..~Y~~ ~
~ _ ~ 2 2 ~ 5=
~ ~ - ~
sy DEPUir l~K v~ V co~aTaouEa =
. R3. ~4o~aa ~
topNhs~ with all snd sinyular the tenements, heredit~menb and ~ppwta~xes thereunw belwginy or irt anywise appertaininp tf~ereto, and ~11 nnts, iswq,
procesds and profiri accruing and to sccrue from said premises, all of whicfi are included in tfie abov~ W+d fora9oing dascription ~nd Mbendui».
TO HAVE AN~~O~HOLD the above desuibed a~?d qwnted premises unto the said JNORTGAGEE, iri wccesso?s and ~ssipra fotew~. Md th~ Nld
MORT GOR fa he~n, executon, administrstws snd augns, hveby covcnann with tF~e s+id MORTGAGEE, iri wocesw~s ~nd as~,
rh~t . a~ tawfully seized of ihe iaid prem~ses in fee simple; that tFM same a?e fr~e, ckar ~r+d d'acharyed from ~tt ti~ns and ~ncun~
brances in law or in equity, and that t~y w~ll and their hein shall wa.rant M?d dei~od tlr titfe w the sain~ ro th~ wtd
AkORiGAGEE, ib wccessors and usgna, forever apainst ths )+wful claims and demands of sll perso~s;
PROVJDED, A1WAY5 that if the MORTGAGOR shall pay umo the MORTGAGEE tM promiawry note hereinbefw~ dewib~d and s}NII tt~lp, prpnptly
~nd fully perfwm, d~fchar~, execute, complete, compty with u~d ab'~de by each ~nd every ~he stipulations, apreements, conditions a~d tov~n~nb of said
promissory nof~ snd ot this Mwtysye, then thif Mortyage ar+d rhe Euate bereby crested shall ce~se ~nd be null ~nd void.
IT IS UNDfRSTOOD that t1~e wad "Mongsgor" whNF+er in the singular or plural snywhere in this Mwtyaqe, shall be sinpvl~r. if on~ only ~nd
shall b~ plwal jointiy u?d NveralFy if more IMn on~, and that the wwd "their" ss used anywiMre in th]s Ma~9~e ihall be uken to rn~an •'his,•• •'F~ers,••
or "ita," whereve~ the co~teat w impties a admits. Atw, rMr wherove~ ehere i: a reference in rl+e coyen~nn u~d apreements F~~in ooM~in~d a airy? oi
rfie p~rties hereto, the sarr~ ~hall b~ construed to rrka~ as well ss the he~rs, kysl flPfNMf~11Vlf. successon and assigm (~itF~u voluntary b~r acf of th~
partip or tnvol~?ntary by ope~ation of tF?e law) oi the same and that the covena~tt herein contained sMll bind ~nd th~ bu~tfils ~nd dvantap~s M~urf
to tlw resp~ctivs Fieiri, kya! rcp~ese~tatives, succeuors and a»~gns oi the puties 1?ereto.
Md ~aid /Nort~apon, fw themselves arwd their hein, legal r~prexntatives. successws snd assiqro, hereby jointly and sevK~lly toven~nt ~nd prN
to and with tht said MORTGACsEE, iq sucusson snd ssaiyns: .
1. 1o pay all ~nd iinp~lar tht printipal ~nd interest and the varava and s~ndry wm~ of mpoeY p~Y~bl~ by virtw of said promis~ory nott, and thls
mortQapt. ~acF~ u~d ~v~ryr, p~anpfly on th~ days respectiv~ly tM same ~ev~rally becom~ due.
2. To pay ~U u~d sirg~lu the taxes. ~ssesunents. Iwief. liabilitief, obli9atiw?s and erxwnbrances of twry natw~ u?d kind oow on said d~ur{b~d
P~~~Y, or tlwt Mr~~ftN_ m+y b~ ~mPosed. wffered. P~~csd, bvied. «~uess~d ther~on, w Ihat her~a(te~ may M I~vNd a~ste~s~d vpon this 1Morq-
p~, w tM ind~bttdnta wcw~d I~ereby fKll ~fld frNy, when due ~nd piy~bl:. +uwdinp to law, befw~ th~y becom~ deJinqwnl. w+d b~fon any hNt~s1
atlacF~ p~~y pen~l~y if incvrred; AND INSOfAR AS ANY TNEREOf IS OF RKORD iNE SAME SHAtI dE PROMPTIY SATIS~IEO AN~ DISCMARGEO Of
RKOR~ AND THE ORIGINAI OffICIAI DOCUMENi (SUCH AS, fOR INSiANCE, 1ME TAX RE~EIPT OR THE SATlSFACTION P/IDER OFFICIAIIY ENDORSEO
OR CFRTIf1f0) SNAIL dE VLACEO IN TNE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NFXT AFiER PAYMEI~iT; and in tFw ~wnt that ~ny thirwi b no1
p~~d, u~"sfied and discharyed ~a:d MORTGAGEE may •ny ~~.n~ p~y ~he „me or ~ny part fhereo( w~~hovf wsivinq w~/f~ctiny ~ny op~ion. tia+, puiry or
•~qht ~nd~r a by virtw o( lhis mortgsge and ihe iull ~movnt o! e~ch ~nd every such p~ym~M ~hall b~ immediN~ly dw ~nd p~yabl~ ~MI ihall b~N inlKqt
~~om Ihe d~tt tM~M1 vnlil paid ~t rNe OI n~nt per centum per •nn~m •nd ioyNhe~ w~th such inter~st ~hall bt ucw~d by the li~n ol ~h:~ morptap~.
• 600K 1~~ PAf~ ~t~
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