HomeMy WebLinkAbout1963 • • , ~ « ~ ~ 2016~74
THIS INDENTIJRE. IIA~dt ~1w ~Sth d.y ~ Novec~b -r ~.D, t9~4. b.~w..w
First National Bank O~ r'ort Pierce ~.4 Tr»atnn u~+rinr Tr ~ct A~~_rnnsnn~ A-~~1 N~+~~~-_-
17, 1970, known as Trust +~2
~ St. LL1C~e , Covnty flaida, hK~in+fia d~siyn~t~d ~s ~F» "MORTGAGOR." a~d f1RST FEOERAI SAVINGS AN~ IOAN
ASSOCIATION Of FORT PIEKE. a corpaaan oroanwd ~nd •xi~i~nq vixla tM lavrs of tl» Un~~~d S~a+~s of 14~wriu ~nd Mvinp Ns pi~cipal p~+o~ d
bu~Y~s in th~ CM~I of fat PiKa, St. luti~ Counry. fbrida, hxei~»(u~ d~sipnated as th~ "MORiGAGEE."
W1IEREAS th~ MORTGAGOR h~ady ind~bt~d b tM MORTGAGEE i~ tM sum of ~ 161 ~ 3~Q .00 yood u+d lawfvl mauy of th~ Unthd
St~t~s ~dvanc~d by th~ MORTGAGEE v~to the MORTGAGOR, as ~vd~ncad ~y ~ c~rtain promissory not~ of ~vt~ date i~~w~th, of whith tM follovrirq in
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NOW, THEREFORE, tM MORTGAGOR for th~ purpwe of securing payment of s~id swo of = 161 ~ 3~ . and tht pertonMnp of ~he
cown~nb ~nd spree~nan~s hereinaher expressed, and fw d~vers good a~d wiwbl~ comidewt~o~a, by tMse presents, doas yr~M, barqaie~, aetl, remae,
release, oonvey and confirm unto the MORTCaAGEE, ib succeasors ~nd auigns, all thst cert~in lot, pieu or parce~ of land, situ~tq lyi~g, ~nd b~inp in tM
~ ~ State of Flor' dauibed aa fd~
~~s~c~~~d2~~a ~e~f ~'~n~gasure a~ong nort~i and south lines) of the following
Lots 4 anci 5, of Bayshore Bstates, Unit 2, as recorded in Plat Book 14~ page 25,
St. Lucie County, Florida arrl also a part of Block 23 Revised Map of Fort Pierce
Beach on file in Plat Book 8, page 29, St. I,ucie County, Rlorida, described as
follows: Beginning at the SE . corner of I.ot 5 of Bayshore Estates, Unit 2, as
recorded in Plat Book 14, page"25, run N 89b49'30" E. along the north line of
Bayshore Drive a distance of 209.83 feet to the P.C. of a curve concave to the
nortti thence run along said curve and the north line of Bayshore Drive 96.68
feet to a point, thence run N 0~10'30" W 133 feet, thence run S 88°49'10"tJ
456.33 feet, thence run S 0~10'30" E 23 feet to the MV corner of Lot 4, Bay-
; shore Estates, Unit 2, thence run N 89°49'30" E along the noztherly line of
Lots 4 and 5 150 feet to the NE corner of Lot 5? thence run S O°10'30" E along
the East line of said Lot 5 110 feet to the Point of Beginning.'~
~
~ Together with all structures and improvements now or hereafter on said land and
; the fixtures attached thereto, and all rents, issues, proceeds and profits
~ accruing and to accrue from said premises, all of which aze included within the
foregoing description and the habendum hereof. Also all gas, steam~ electric,
water and other heating, cooking, refrigerating, l~ghting, plumbing, ventilating,
irrigating a~d power systems, machines, appliances, fixtures and appurtenances,
which are now or rnay hereafter pertain to or be used within or on said premises, ~
even though they be detached or detachable, ~
ropetfwr with ~II ~d unpular tht t~nements, hered~tame.~ts and sppwta~ces thereu~to belag~ny or in anywis~ ~ppai~inirg thaeto, a+d ~11 ranU, iswa~,
proc~ ud pofits accruirq Md ~o ~ccrue from said premises, all of which are uxluded in the ~bov~ and forpoinp d~scrlption and iMbk~durn.
TO HAVE /~ND TO HOLD tF» above described and rsnted p~emises unto th~ ssid 1NORTCaAGEE, ib suous+ton and ~ssig~s fonwr• /1nd fh~ said
itself and_i~ success~r$
MORTGAGOR for ~rs. ~xecuton. ~n~str~?o?s +nd auigro, hereby oovensnb with the said MORTGAGEE, its s~xc~ssors and aMipir,
rhat it is laM,fuly seaed of the a~d p.emu~s in fee simple: that tM ~xne ue frw, cku and discirroed from dl liena and ~ncw+?
~ a~~~ry~ ~~~t lt w;~~ 1tS SLtiCC@SSOZS ~K~lull warrsnt and deF~nd tM titl~ to th~ sanw to th~ said
MORTGAGEE, in wcaua.i u+d assgns. fwever syainst the lawful d~im~ snd dema~ds of sll petsons;
PROVIDE~, A1WAY5 tMt if ths.MORTGAGOR shatl pay unto the MORTGAGEE tl+e promwsory note herei~before desc?ib~d and ~hall mdy, promptFy
~ ~nd fvllp PNfot^4 dischup~. ~x~cute. complett, complY wi~h and sbide by exh ~nd ~very tM stipul~tions. +preemenri. conditam and cov~rds of s~id
prenwtsay npN ~nd cf this Mort9~pe, then tF~is Mwtgage and the Estate herd.~y crested shall u~~ and b~ ~vll and void.
~ IT IS Ut~ERSTOOD th+t the wad "Mwrya4w" whe~her in rM •inpula. w plwal anywhen in this Maty+pe. shall be sinp~lar H on~ oniY and
•hall be plur~l ~ob+tly and ~everally if mor~ tMe~ on~. a~d thet the word "the~r" a u~sd ~nywfiere in tha Mort~p~ aFwll b~ tak~n to m~an "Ai~.° "Iwn."
w"iy." wherwN tlr tonttxt w implits or admin. Also, that wherever there is • nference ui tM coven~nM ~nd spr~errNnft htrein aoMairnd Io ~np of
tht paties Mrrto, tM ssmt sh+ll be construed to mean ss well u the hein, I~yal r~presentatiw~, waeswrs and auiyna (eitMr volwNary !q? ~tt of th~
p~rti~a a involvntay- by opaation of the law) of the same ~nd tFut the covensnts he~ein co~t~ined ~hall bi~+d ~e~d tM berKfifs ~nd adv~ntapM kwn
to tht rapactiw Min. Ipal representativp, succeuws and sss°yro of the p~~ti~s hereto.
/?nd said Mortyaqon fa thsmselws ax! their hsirs. I~gal r~esentatives, wcceuas and auipns, hsr~by jointty and kwrally cowrwnf and aprN
to wd with the said MORTGAGEE. its wccesso~s and ~ssiyns:
1. To piy dl and sinpular tM principsl and inrereit ud the.v~raus and wndry sums of moMy p+Y+~ bY virtw of ssid promiwory note, and 11~
morpp~, w~h ~nd ~vwy, promptly an tht d~p respettivtly tM same Mv~~dlr becortw due.
4. To pay ~{I and sinpvla tht taaes. ~ssess~nen», kv~es. Iiabilitiea, oblgatian +~d encumbr~nus of ~v~rY eutur~ and kind now on Nid dnorib~d
propaty, a Mwt haeaftN may b~ pnpw~d, wffaed. Pbcsd, kvied, a asws~ed tM~w~, a th+t iws~fter may b~ twi~d w auaNd upa~ thir Mort~
ap~, ot th~ ind~bt~dntss ~tvr~d he~~, sach and w~ry, when dut and pa~able, accordirg M law.b ~(w~ th~y b~can~ delinqwm, ~rid btfw~ ~ny MaMt
•tt~cMs p~ny p~nalhr a incv.red; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAI'l dE PROMVTl1f SATISf1Efl AND DISCNARG~ Of
RKOR~ AN~ TME ORICsINAI OFFICIAI DOCUNIENT (Sl1CH AS, fOR iNSTANCE, 7HE TAX RECEIPi OR THE SATISfACTION PAPER OFfIC1AllY E~
OR CERTIFIED) SHAU !E PLACE~ IN THE HANDS OF SAID 1NORiCsAGEE WITHIN TEN DAYS NFXT /1fTER PAYMENT; s~d in tht tvem th~t any tha~of b no1
pad, wt:sfi~d a~d ~ch+ryed s+:d MORTGAGEE may at any time pay the same w any piM therwf without waivirg a~ffectinp any option, li~n. ~quily or
•pht w+d~? w by vinw of this mort~aye ~nd the full ~mount o( ssch and every wch payment shall be imrnediately due ~nd pay~bk and shall bear int~rat
~rom rM date Mterwf until p~id ~t r~te of nine per cenrvm per annvm and ~o9et~~~
i~~~ hsll s~cur~d by tM IiM o( th:s mwptap~.
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