HomeMy WebLinkAbout0131 2U2~12 G .
iH1S INOENTURE, N4dt tl~i~ 21 st d~y of ~Ge~~~' , A.O. 19_~ !»twNn
_ Peter L. Cole,, eir~le adult
o/ Str• L11C~9 ~~nty flaida, FIltfiMffN daiqnated as tM "MORTGAGOR;' ~nd FIRST fEDERAI SAVINGS AND tOAN
ASSOCIATION OF fORT PIERCE, a cwporation organited and ~x~?~inp vnda th~ I~ws of tM Un1t~d Std~s of Arn~ic~ and kavinp In pri~cip.) plac. of
twsimn~ M tM City of fwt Pitru. St. tuci~ Cou~ty, Fbrkla, l~ueinafta dulpnat~d ~s th~ ;
jiAQjtISt/1Gf~." .
WHEREAS tl?~ MpitTGAGOR u jvstly ind~bt~d w th~ MORIGAGEE in tM swn of ~ B~J~~ OD , qocd~afid lawful mor~ey oi the United
Srates ~dva~ced by th~ MORTGAGEE unto ths MORTGAGOR, as evidenced by a tertain promiswry not~ of even daq hsr{yvith, of which tM followinQ in
w ds ~nd f' v~~s is a trw copy. lo-wih
=~,5~•~ N, ~3-tb,69~,
~ P~.. p„~,, Deae~ber 21, 19~
For valw received, 1, we or either of us, ise ~to
~without d~falcation, to ~he orde~ of FIRST FEDERAL VI~ ANO IOAN ASSOCIATION Of
FORT PIERCE at fat~~c~Fbrida, the sum gf~~~~""'b with inter,~~ from date at the rate of ~-'ya per snnvn4 i~ rtanthly iratall-
ments at follOws: s ~ On ihe ~ day of ~a~ 19 7 ~nd a like sum on ths correspa~d~np day of e:ch mo~th therr ~
after until the whole be fully paid. '
Each irtstaitme~t ~irit ahaN be applied in payment of the interest and thcn on the unpaid balsnce of ths p~inc~p~l wm. if default is made in the ~
payme~t of any instaflmenl when dw, and wch defavlt coroinues 30 days, thM at the oplio~ of ths holder, ~nd without sny othsr notice, all the remai~ing y
~nsrallments sMll be due and payabls at once. Privilpe is ~iven to prepaY this nore in whole w in part ~t u~y Y~me without pen+lty. Nei)he~ forebearsnce, ~
nor scceptance by the holder thereof siter sny default in anY paYments hsreon, shsll be daaned exte~xio~. A Is1e payment chary~ of = 4'~l~ shall b~ ]
added to each installment rertuininy unpa+d 7 days ~fter in due date, and a like sum shall be added to each such inatallment remaininy unpaid 7 days aftK
each succeeding p~Yment data
Esch maker, surety and endorser hereof, jantty ar?d severally, waives de+r+and, presentment protest and notice of protast for ranpaymenf, and furthet
agrees to any extension of time of payrtKM, either before w after maturity, without notice to any of ~s; and to pay all costs of collection, includirq a
reasonabk attorney's fer in the event of any default hereunder, snd hereby uverally waives ait be~efif of homestead and exzmption urxkr the conatitWion
a~~d laws of each State of the United Sta~es, as against this obl+9stion or a~y extension a renewal hereo(.
Witness fhe hand a~xJ ual of esch party.
s Peter L. Cole, a e ~2e adult~ .
cs~w
c~u .
f ~ 2 ~75 ~ Srate Revenve ~u
(SUmP~-a+va~Wd _.;oiwl.rot~) ~M .
NOW, THEREFORE, the MORTGAGOR for the purpose of iecuring psyment of ssid sum of S
8~.7~~~ , and the ps?formance of th~
covenants and apreemt~n hereir?after expreued. and for d;ve~s good and vslwble considerations, by these pteseMS, does grir?t. bar9ain, sell, remise,
release, convey and conf'um unto the MORTGAGEE, its successors a~d suigns, all tMt certain lof, pieu or pucel of land, sitwte, lying, ~nd bein~ in ths
County of $t. ~ I'17~iA u~d State of Plwid~, described ~s folbws:
The Essterly 110 feet of Lots 3 and 4 of ffiI.LSID~S SOHDIVISIaN, '
according to a plat thereof recorc~ed in PZat Book page 43,
of the Public Records of St. I.uc ie County, Florida, and being
the sane property cowey~ed by Albin Friland and Hasel Frfland,
husband and xffe, to John H. Halqui~t by deed dated
Flebruary 12, 1948, and recordsd in the Public Records oY St.
Lucie County, Florida, fn Dsed Hook 1~t0, aL page 521, and bryr
said John H.-Halqnist to l~innie Aalquist and Loraine
I~. Sloan b~r deed dated April 19, 191t8, and recorded in Deed
' Book 11i2, at page 585 of the Public Records oY St. I~cie Caunty,
I~lorida, ?
- RECEt!~'ED 1~_~~ tN PA7~tEN1 QF TAXES
DUE QN CLASS 'C INTANGBIE PERSCnAL PROPE3TY.
Pllr^.~,;Al:7 TO CHAPTER 20724. ACTS OF 14i1.
' r.oc~R ~a~rw`s, c?e~ c~«~a c~~~t
u p?
~ C c~~ t- L P~ as Ager:t for DANIEL N. KNOWLES, 1R
w NTA°~' ?TA~ -
~CV~f1E -.SG St lucie County Tax Collector
~ z - ~ctrm ~:,t'~.=~ ~ 2 7 5= By .
= _
~ I~ER ' DEPIJTY CLERK
~ V Go?44'TftO ...-r-"1~"~
P.8.194133 ~r--
~
±ogethsr with aN snd singulu the tenements, hereditaments and ~ppurtsnus thsre~MO belorginq or in ~nywise appeAiininp thereto, snd ~II rents, issuM,
proceeds and profits scuuirg :nd to +ccrue from s~id premises, ~II of which are incl~xied in the abov~ ~nd fore~oirg dncription and habendum.
TO HAVE AND TO HOLD the sbove dewibed and yranted p?emises unto the said MORTGACiff, its waaison and auiy~u fw~wr. Md th~ s+W
MORTGAGOR fa th8~ F~ein, executon, ~dministraton and auigns, hereby tovsnanls with 1he s+id MORTGAGEE, its wccessors and astiprr,
ihat t~F g~ lawfully seized of the said prem~ses in fee s,mple; that tF~e sams ~r~ frN, cl~ar ai+d discMryed fran sll liens and ~ncwm i
brances in law w in equiry, and rhat~ th4y will and the~ ~ F~ei~s sha11 wura~t and dtf~+d tke titl~ !o th~ sum to th~ said ~
MORTGAGEE, in wcce:sors and assigns, fwever ay~imt the Iswful claims snd demancla of all personst
F
PROVIDED, ALWAYS thst if tF?e MORTGAGOR sMll p~y ~nto the MORTGAGEE ths promissory ~ote hereinbe(we desc?ibed and slwtl Hvly, promptly
and fully perfwm, diuMr9e, execute, complete, canply with and abid~ by tsch ~nd every 1he stipulations, syreemenb, caxlitlons and tov~nanb of ~aid ;
promiuory note ~nd of this Morsga9e, then this Mwtysge and fhe Est~te her~by ueat~d sM1I ceas~ and be rwll ~nd void. ~
IT IS UNOERSTOOD that the word "Mortgsgor" wF?ether in the s~ngulsr or plwal snywhet~ in tha Morty+ge, shatl b~ sinputu if on~ only and
sh~ll be plural jointly and stverally if mwe than o~e, u~d that the wwd "their" as vsed anywl~ere in this Mort~a~ ~hall b~ taken to mea~ "hb," "Mn,"
or "its;' wherever the context to impliei or admits. Also, that wherever there is ~ r~fe?enc~ in the coverw~n ~nd ~ynemenri Mr~in eontain~d to a~y of i
th~ p~rties her~to, the ~+ms shsll be construed to mean ~s well ~s the hein, (eyal repreaentatives, s~cc~sson ~rd assipns (eitl~ voluntary by ~ct of tM ~
parti~s c~ irwdunt~ry by operation of the I~w) of the iame and that the covensnn hsrei~ c«+tainsd ihall b'uid and tM ber?efits and advu?tap~s inw~ ~
fo the rupectiw heirt, leyal representativn, wccessws and ass~yns of tM p~rtiea hereto. t
Md.said Mwtqayon, fw themselves and ~heir hein, leg~l represer~tatives, succeison ~nd ss~ipns, her~by ioiMly u~d sevsr~lly oovenant and aqrK ~
+o and with the ~aid MORiGAGEE, in s~ccesson ard au+p~a:
1. To pay ~N ard unp~lar the principal ind interest and tM wrious and wndry surns of mon~y paYable by virtw of iaid promiswry not~. ~nd thi~
mortya~e, each ~nd wery, promptly on ths d~y~ r~spsctively tFw s~ ~v~r~lly becane dw.
2. To pay ~11 ~nd sirgvl~r the taxes, as~essm~~n. I~vies. liabili~ies, obliyation~ and ~ncumbances of ~wry MtWf ud ktnd ~ow on ~aid d~wfb~d
propaty. a tMt he~~ah~r may be impw~d. avff~.~, plaud, levi~d, o? ~~asd thereon, a that her~~fta may 1» I~vi~d a+sarssad upon this Mort~
ey~, a tM ind~bqdnsu s~cvnd h~reby. ~ad~ and every. wMn dw u+d pay~bl~, iccordirg ro law. b~fwe th~y beconw delinquMt. ~nd b~for~ ~ny intant
attaches o~ any pen~lty is intw~ed; ANO tN50fAR AS ANY THERfOf IS Of RKORD ~Hf 5~4J1tiE SHALL dE PROMPTIY SATISf1Ep AND DISCH/1RGED Of
RfCORO AN~ TME ORIGtNAI OffIG1Al pOCl1MENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR. THE SAi1SFACTION PAPER OFFICIALLY ENpOR5E0 ~
OR CERTIFIFD) SHAII BE pUCED IN THE HANOS OF SAID MORTGAGEE WITNIN TEN DAYS NEXi AFTEI~ PAYMENT; and in th~ ~veM that any tl+Neof b no1 ~
p~id, t~f'sfi~d ~nd disch~ryed t~:d 1NORTGAGEF inay at any tims pay fF~e samt a~ny part therwf without w~ivirg or affat~i~p any option, lien, puity w
•cqht undet w by vinw of this mortyaye ~nd the fvll amount of e~ch ~nd evNy such p~yrn~nt sMll b~ immediately due a~d payabl~ ~nd sF?~II bNr intaqt
~•om tF+~ dd~ ths~eof until paid +t rae of nine per t~ntum p~r •nrwm and t efhe~ wifb ~uch iMtaesl shal! be secu?~A by t1w lien o~ th:~ mwyta~. y
d~K~89 P~ 13~ ~
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