HomeMy WebLinkAbout0202 ~ 2(1435;"~
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THIS INOENTUitE. Mad~ ~n._. 3sd o~ P'~bsuasy n.~. iv ~l ~n~,.«+
~a os an Cosa B. Yosk, his wifQ
of ~Ci! Coynty Florida, Mninaft~r desiqnat~d ai the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN
ASSpCIAT10N OF fORT PIERCE, a cwpor~t~on orysnusd and ex~uinp undK tM taws of tM 1M~ted St~tas of Ame~ica and Mvir~ Ib principai pl~a of
buiin~ss in tM City oi Fort PiMU, St. luci~ Cov~ty, Flaida, M~tinaf)~r dtsipnat~d as tM "MORTGAGEE:'
WH£REAS tM MORTGAGOR is j~ntly indtbt~d ro th~ MORTGAGEE in tM ivm of s 3 ~ 5~' ~ yood and lawiul money o( the Un~ted
S~atet advanced by ths MORTGAGEE un~o the MORTGAGOR, as evidenced by a cata~~ promissbry note of even da!e hersw~~h, of wh+ch ths followinp In
word~ and f' w~s ia a?rw copY, to-w~t:
s 3~~•~ 3-16~783
fwt Pierc~. Fiwid~, Rabruary 3 ~9 71
Fw valw r~ceiwd, 1, we o? either of ut, prom~se to , without defaleation, to ~he order of fIRST FEOERAL SAVINGS AND LOAN ASSOCIATION pF
FORT PIERCE at Fort Pierce, Fbrids, tfie sum of s 3~ 5~' ~ with interest from date a1 Ihe r~te of 8• 5 96 per annum, in monthiy inahll-
menti es foltows: = 71.~ p~ ~}N 25th ~y of _.da~C2f , t9~_ and • like sum on tAe correspond~nq day of each mo~th the~e-
airr~ urtfi! the whols be fully paid.
Each i~stallmenf iint ihall be app~ied in paymcnt of the interest ~nd then on ~he unpa~d balence of the pri~cip~l sum. If default is made in the
paymenl of +ny installment when due. and such defa~lt continues 30 days, then at tha option of the holde~. and without any other notice. alt rhe remaining
~nsrallmcnts shal! be due and payable a~ onte_ Priviteye is yiven ro pr~Y thw note in whole or in part at any time without per?alty. Neithet forebeu~nce,
nw acceptsnt~ by tM holder thKeof afte? any def~ult in anY p~YmeMi hereon, shall be deemed extension. A lale pay.~eent tharge of i~,~, sMll b~
added to each ir+stallment remainir?p ~npaid 7 d~yi after ih dw da~e, and • liice tum ahall be added to each such initalimeot rema~ninp unpaid 7 day~ a/ter
each succsedin~ payme~t d~te.
Fad? rrwker, ~wety and endwser he~ecf, jointly and severafly, waives demand, presentment p~otest and notice of proteit for nonpayment, and fvrther
egreea to any ~xtension of time of paymcnL either before w after maturity, without notKe ~o any of us; and to pay ail costi of collection, includ~np a
reasonabte attaney i fee in the event of any default hereundcr, and he~eby sever+lly w+ives a!! benef~t of homeste~d and eaemption under the constitutat~
and laws of exh St~te of the Uni~ed States, as sgainst this obl~gstion q any eatension a ren~wal hereof.
Witnest the hand and seal of each party.
/s/ Floyd R. York ~u
f f ~ ~ ~SEAL~
. , ~s/ CorA B. York ~U
~ 5~ 2 S ~ Sqt~ Revenw ~
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NOW, 1HEREFQRE, tl+~ MORTGAGOR fa tM purposs of ~ecurtnp pa~rment of wid •sum of = 3~~•~ , u~d th~ performsnce of t1w
coven~nls and a~raements her~ir?after ~xpressed. and fw diven good and valwbl~ coiaiderations, bY these presants, dws 9rant, ba~pain, sell, remise,
release, conwy ~nd canf;rm unto the MORTGAGEE, its wccessors and assigna, ~11 tMt certain bt, p'~ece or pucel of lu~ titwte, (yirg, ~nd beinp !n ihe `
C~~ SL. I.~3C~Q ~ Sate of Plorida, dewib~d ~s fottows:
Lot 12, of FOSTBR'S RBVISION of Block 3, of
CRAMFiR'S ADDITION TO FORT PIBRC&, a: recorded
in PlaL Book 4, at paqe 61, public records of
St. Lucie (bunty, Florida,
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togeth~r w7th all ud sirg~tsr th~ tenemen», h~reditaments and appwt~nces tlarsvnto belaginp or in anywis~ appatiuiirg thtrNO, and all r~r?ts, iuu~y,
woc..ds and p~ofin ~ccrviny ~~d to accrue from iaid premises, atl of which ue inciud~d in tl?~ sbw~ aed for~Qoirg dewiptiort and Mbendu~n.
TO N11VE ANO TO HOLD tM abow described and 9ranted p.emises unfo the said MQRTGAGEE. ;ts succ~ssors and ~uipns fwever. Md t!?~ s~id
MORTGAGOR for th~Pir - hein, execwon, idministrnion snd assiyns, har~by cov~nant~ ~,,,;th th~ ud MORTGAGEE, i» wass:o~s and assipM,
~~r they ~6_ ~uUy seized of tbe sa;d preen;ies in fN simpl~: that tM sam~ u~ frN, ckar ~nd d;sch~rpsd from all li~rn ~nd ~ncvirr
br+r~ce~ in l+w or in eqvity, and that theywill and tb@lr Min slwll wur~nt and d~fad tiw titlr ro tM s~ to tM s+fd
Al10RTGAGEE, in suuessors ~nd ~ugro, fwever syainst tF+e lawful claims ~nd demands of ~II penons;
PROVIDED, ALWAYS th.t if ~h~ MORTGAGOR sfutl pay ~,nro rhe lwORTGAGEf tM promiuory nor• h..•;nbefor• dau~.d .nd shaA n„!y, promp~ly
+nd ful1Y p~rform, disc}wr~. ~xecutt, tompku, comply with and abide by each +nd ewry the stipvlations, a~reemenrs, ca+ditia+s and covs~ant~ of sa;d
promiswry not~ and of tha Nbr~paye, then this Mwtpaye and ths Estsfe ha~by veated ~hall ceas~ and b~ null and void.
• IT IS UNDERSTO00 that tM word "Nlortg~gw" whather in tM sinpulu w plvral a~ywher~ in this Matya~, ~halt t» sinp~lar N on~ only snd
~haN b~ plwa! joinflr ~nd kve?ally ff mor~ than ons, and ti?at the word "tM'u'• as us~d ~nyvvfwr~ in thK Mwtg~y~ ~II be qken to mean "i~is.•• •'h~n;'
oe "ib:' whe~ever th~ contsx~so implas w admin. Also. ~hat wherever thcre n a~eferencr in th~ coven~~ts and ~pr~ement~ her~i~ contix~td ro any o~
tfw p~ties h~reto, tM same ~Mtt b~ co~strued to mean ss well ~s tht hsin. Is9al reprsunrativea, sucusiors and ~ssipns (~itMr volvnl~ry by xt of the
p+rti~ or involvnury by op~r~tion oi the law) of the same a+~d thst tM covenann herein contairwd ~MII bind and tM b~n~fib ~nd ~dvantayh irwr~
?o th~ resp~ctiw Min, layal r~prese~tative~, succeuors and au~yns of the p~rti~s hK~to.
Md taid Matyayon, fw themselves snd thei~ hein. I~yal r~qesent~tirH, wcceswn and as~ipra, hereby joinrly ~nd sev~rally tovRnsnt ~nd apr«
ro ~nd with tM wid NWRTGAGfE, ib successws ~nd ~ssi~m:
1. To pay sll and w+pvlar tM princ;pd and interest ~nd the wriovs ~nd wndry wms of money paYable by virtw of said promiiwry not~, and ti+is
mwtp+y~, tach +nd every, promptFy on tM days resp~ctiv~ly tFw sam~ sw~rdly becwrn du~.
4. To pay dl and sinpula tf~ taxes, au~sunenb, tsvin. liabiiities, obliyations u+d tncumbr~nc~s d tvery natur~ and k+nd naw on ~aid d~scribd
P~~Y, a thst hKeaftK m~y b~ impowd, wffer~d. P~xed, levi~d, or aa~u~d ther~on, or tlut hersaftN may be levi~d or ausakd ~pon t1~ts /Morp.
ap~, a tht ~Wsdrwa ac~r~d he.~bp, exh uid evNy. wMn dw and payable, aaadi~p to Iaw. b~fw~ th~y becon,~ ddinqueet, snd befw~ ~ny imK~st
~rtaches or ~rryr psrulty is incwred; AMD INSOFAR AS ANY THEREOf !5 OF RKORD THE SAME SMAtI SE PROMPT~Y SATISFIEO AND DISCHARGEO OF
RECORO AND THE ORIGINAL OFfICtAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHALL 6E PtACED IN THE HANDS Of SAIp NWRTGAGEE WtTHIN TEN DAYS NFXT AfTfR FAYMfNT; and in tM ewnt that any Miertof ia no~
paid, sat~sfi~d ard discha~yed ~a:d AM1ORTGAGEE may any time pay the sam~ w~ny parl the~eof withovt w~ivirq p~ffectinp a++y option, li~~, puity p
•ipht undM or by vinve of this mortyage snd tl+e full amount of exh and tvery ~uch p~yment iMll be immediately due and payable ~~?d thall ik~r inttaq~
~+om the dats fhereof vntil paid at rate of nine per centum per ~nnum ~nd 1opelh~r w~th iuch interest sh~ll be secured by th~ lien of ~h:i mo~yfpe. `
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g~oxly0 201
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