HomeMy WebLinkAbout0004 ~ 2tl•'~21~~
TNIS INDENTURE, AMd~ ti~e 27th day of J~u~Y
..r /1.0. 19 7~~ t~~wetn
G. B. Wa,~t~rs s?nd 1111iec~~t~alt~ss~ his Nif~
of - St.• Z.tilC~o „ ~pynty Fla~da, hcr~+naftK dtsignated a~ the "MQRTGAGOR," and fIRST FEOERAL SAVIHf6S AND tOAN
ASSpC1AT10N OF FORT PIfRCf, a corpo.ation wqanized and e:;aunp under tM lawi of ths Un~ted S~a+a of Amsrica ~nd havinp iri princip~l pl~c~ of
busioesi in tM City of fwt PiKC~, St. luci~ Cou~ty, Fbrida, Mieinafter d~sipnat~d as tlr "MORTGAGEE."
WHEREAS tM MORTGAGOR ia justly indtbted to tM MORTGAGEE in the sum o( ~ 16! 1~~~ , qood a~ ~awfu~ ma?ey o{ ~F+e Un~ted
S~ates adv~nced by the MORiGAGEE u~to Ihe MORIGAGOR, ss evidenced by a certain promiuwy nole of even daee herewith, of wh~ch tM followinp in
~ 16 ~ 1W.~OOs a t~w copr. tow~t:
N, 3-16 ~'!1
~ Fort Pierce, flwid~. .JATIII~=y Z7 19
Fa value ~eceived. 1, we or eithe~ of us, prom~u to pay, without defalcation, to ~he order ~f fIRST FEDERAI SAViNGS AND IOAN ASSOCIATION OF
rORT PIERCE at Fwt Pierce, florida, the tum of f 26~1~.~ Mr;tA interest (rom date at tF~e ~ate of$~~°'e pe~ annum, in monthly install.
menif ai foltows: = 161 on ihs 15t~ay p f_I.~?.y 19-.~ snd e tike sum on the ca~eipondtr~ day of each morSlh th,xe=
atter vntil the whole be fully paid.
Each installme~f fint fhall be appl~ed in payment of the interest a~d then on the unoaid balsnce of the prinup~l sum. If default is made in tM ~
~:ayment of any i~stallment when dus, and such de(ault conrinues 30 days, rhen at the option of the 1wlder, and wi~hout any other notice, all the rema7~~ng
~~,stallments shall be due and payable at once. Privilege is givrn to prepay this oote in whole w io parf ~1 any time without penalry_ Neither forebearance,
nor ~ccep?ance by the holde~ thereoF after any default in sny payments hereon, shall (x deenxd extension. A late payment charge of s
B.OSsM11 be
added ~o each imraliment remaining unpa~d 7 days after ib due dste, and a I~ke svm shail be added ro exh such insrallment remaining urtpaid 7 dsys after
eech. succesding paym.ent date. ;
E~th maker, surety and tndwser hereof, joinfiy and severaily, waives demand, preuntme~t protest and nolice of profest fw nonpaymenl, and further
ag~ees to any eatens~on of time of paymer.t, either befor~ or af~er maturity, without nofi~e to any of ~s; and to pay ail cosh of collection, intludinq a
reasonable attorney'~ fee in 1Ae event of any defauSt hereunder, and hereby severally waives all benefit of homettead and earmptio~ under the constitutiw~
a~~d iavrs o~ each Staie of ~he United Stafes, as against th~s obllga~ion-o~ any extens~on o? renewal hereof.
Wirnesi tF+e hand a~d ual of each party_
/s/ G. 8. waltezs ~U
cs~Au
/s/ AlliQCe Waltesr ~AU
t~ `524. IS sra~~ Re,renw ~
tii6iy
16 100.00
NOW, iHERfFORE, ths MORTGAGOR fa ti~e purpox of securing paymer,t o( said sum of = ~ ~nd th~ performance of tM
covenants and a9reemenrs F?creinsfttr expressed. ~nd for diven 9ood ~nd valwb~e consider~tions, by thes~ prese~ts, does yrant, bar~ain, tell, remise,
release, convey a~d confirm unto ti+e NIORiGAGEE, ib successors ~nd auiyns, •tl that ceruin lot, p'~ets or parcal of land, sitvate, lye~y, aod beinp in ths
Counry of -c+t ~._~s,i8 ar~d St+t~ of Fbrida, desu~bd as follows:
B~qinniny at the norttwast carn~r of Lot l~, of
GA[tDBN CI?Y RARMS~ Sectiore 5~ Tow~ship 35 South,
Raag~ 40 6ast~ as pos plat thos~of r~corded i~n
Plat Book 2, pay~ 5, public records of St. Lucie
County, Rlorida, run thenco Sout4esly along th~
~ east line Lhss~oi 100 t~~t~ th~n zun w~ast parallQl
~ Z~ ~ ~ with nosth lint of said lot 150 i~et, th~nc~ run
~ n o r t h p a
r a l l~ l a i t h t a s t l i a
~ t h
trQ O
f 1 0 0 l~e t to
th~ nasth lin~ of said Lot 17~ thQn run ~ast alony
~!m the nortb Iin~ o! said Lot 17 to the point of
~..f~f~ b~qinni=q 2ass u~d axca~ptiny thasQ~soa she esst
s~ 50 iQat tor 2Sth Streat riyht..of-way, /
1 ~ 1 w
j~~ Cj~~~ / - 1t--/~
s4,~~ ~ l, W j~ t~~ r(-' ~ U I~ t L.~ :-i
~ ~ ~ U F D~^...iJ~+:E~il'•`-^" ~r~P~~P 7
~~a ~ ~ ~ --J O _ F~o-4'71 .i_,= . ~ ~
''~2415=
~Y~~ M ~ N v Cf~'?TPLe ~ C-~`~~^~ ~ _
V! PB.,s~~~~ „_`r.~'-'
together with all and singvlu the tr+emenrs, herediumenri and a~unanc~s ~he.eunro b.1on9~g o. in .nyw~s. aPperr.;nir?q rher~ro, and dt ren», iuue~,
p~oceeds ~nd prof~q xuui~g and to scaue from said premise~, all of wh;t1+ ue inciuded in tl~e ~bovt and for~yoirg d~scrip~ion and habendum.
TO HAVf AND TO HOLD the abov~ dexsibed ~nd gr~ntsd premisea unto th~ s~id MORTGACsEE, its uxcessw~ aod u~ipns fore~eer. Md th~ ~aid
MORTGAGOR for F,e'vs, execwors, admi~isrratwi and assigna, hertby covenants witF~ the uid MORTGAGEE, in succasas and auipns,
~hat - t~uQ - IawfulFy seiz~d oF tht ssid p~~mises in fe~ 1~: tMt th~ ~am~ are frK, cle~r and dischar
sin+P q~d from all li~rq and ~ntw~ c
b.snces in law or in equity, ~nd thst th~y will and- t~i! hein shall wur~~t and defend tF» titl~ W tM s~ to tiw ~aid
MORTGAGEE, ib aucceuors and ~ssqns, iwever syainst th~ lawful ciums and demands o! all psrwns;
PROVIDED, ALWAYS th~t if ~F~e N~ORTGAGOR sMll pay unro rhs MORTCAGFE th~ p~omissay not~ hereinb~fa~ describ.d a+d shal! m,ly, pro.n~fy
and fully perform, discharge. ~xecut~, canQlN~, comply with and ~bide by each ar+d every the stipul~tion~. apr~nts, conditiom ~nd cwen~nn o~ ~aid
prom~uo.y not~ and of ihis Monyaye, then this Mwtg~ye and th~ Esta+e hc?eby ue~red ~hati u~s~ and b~ nvll and wid.
tT IS UNDERSTOOD tfi~t the wwd "Morty~yw" whethe~ in the sir~ular w piw~l snywher~ in th:~ Morty~yt, ~Mp M sinpvlv on~ only and
sb~tl bs plur~l 'pintly ~nd ~v~r~ily ii more th~n on~. ~nd that tM word "their" as vsed MyWM/f H11Ffy Mp~y~t sFyII bf f~kM TO 11MM •'his,•• •'h~n;'
w"iq;' wherever tht cont~xt ip iTpliy or admiu. Also, that wh!?!vN there n a nf~rence i~+ tM cwenann and a~~arn~n~s het~i~ cont~irwd to M+y of
rh~ partiss her~to. tM sam~ thaN bt comrrued to mean as we!! ai tM hein, ley~l represenfatives, wcctswn +nd ~ssi~ro (~itF?M volunt~ry by act of tM
pa.ties « invdu~ary by oper~ian of the law) of the same and tMt' t~~ covenants here~~ coroa~ned ah,11 bind .nd th. b.n.f~n .nd advsnta~es i~w.
ro tM respsctive hein, Nysl repr~sent~~ives, wcussws +nd su'gns of tff parti~s hertto.
And said Mwtypws, fa fiKmsehrs and rheir hsin. Iega! rtpresen?atires, sucussors ~nd au;pra, her:by jointly and wver~lly cov~n~nt ~nd ~pre~
to ~r+d with tFw said MORTGAGEE, its ~uccesswt and ~ss;pr»:
1. To pay ~!t and sin~ula tM p~incipal and intertst and rM wrious and ~undry svms of morkY paYable by virtw of s+id promissory noN. ~nd thu
Rwr~p+y~, t~ch ~nd ~very. Promptly on the days respectively 1l+t iam~e wwr~lfy becan~ due.
4. To p~y atl ar+d sirg~tar the tases. asseum~nh, teriss. liabilitip, oWiyatiau ~nd ~ncwnbrancq of wery natvr~ and kind now on ~aid d~wib~d
WopKty. a tMt hereaft~r may bt irr.po~ed, wff~red, p~~ce0. tevied, p asas»ed thersoe~, p tFqt her~afNr may be levitd o~ ~sseas~d upon thit N1orf¢
+9+, w tM ind~bted.~ess secv~ed hereby each ~nA tvery. when dw a~d p~y~ble. ~ccordirg ro t~w, btfa~ they b~con+~ dttirquent, a~d b~fae any M»a~s~
+nachet o~ any penalry is incvrred; AND INSOFAR AS ANY TNEREOf IS Of RKORD THE SAME SHAIi sE PRON1PTlY SATISf1EO AND OISCMARG€0 OF ~
RECOR~ ANO THE ORIGINAL OFFICIAI DOCWNENT (SUCH AS. fOR INSiANCE, TME TAX RECEIPI OR THE SATISFACTION PAPER OFFIGIAIIY ENOORSEO `
OR CERTIFIEOi SHALI 8E PLACED fN THE NANOS Of SAID MORTGAGEE WITHIM TEN DAYS NEXT AFTER PAYMENT; snd in tM tvsnt ~hat ~ny thereof h not
pa~d, tat'sfied ~~d discharged sa'd MORTGAGEE may ar any hme pay the s~me ot any pa~t Ihereof withovr waiviny or •ffectinq any option, tie~, puity a
•~~h~ under or by vi~h?e o} this mortgaqc a~d rhe full amoun? of esch and every such paymsnt ~hatl be immed~atety due and payaWe and shall bear inta~f~
~.om the dite thereof ~ntil pa;d i~ rate of n~ne per cent~m per •nnum end toyethe? w~th such inte~es~ shall be secured by the {ien of th"• mor9tp~.
T 900K 1~0 4
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