HomeMy WebLinkAbout0642 ~ 2( ~4f~~73
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U THIS INOENiURE. M+d~ th~ ~ ~ th da of ~eb~'~ ^ . A.D. 1971 bcr,neN? ~
~,t Ida Maa Fll~son Asilev and Amos Bailey, her husband and
~ Julia McP'herson a ~tidoW
of t. UC~C ~ C~~y Florida. I+HeinaltN dtsyn+ted ai tM "MORTGAGOR;' and FIRST FEOERAt SAVINGS AtVp IOAN
ASSOCIAIWN OF FORT PIERCE. a oo?paatia~ or9~nized u+d ~xit~inp undK iM laws oi 1M Unit~d St~~~s of Am~ric~ ~nd havinp in p?ihcipal plan o(
buun~ts i~ tM Cify of Fort PiKd, S1. t~rti~ Co~nty. FlaFda. A~r~inaher deup~?+t~d ~t tM "MORTGAGEE:'
WHEREAS 1M MORTGAGOR is j~n11y i~d~btt~d to tFw MORTGAGEE in tM sum of = ~ 2~ 3~ 9ood end law(u1 money oi the Un~ted
~tatN adv~nc~d by the MORTGAGEE vnto tM MORiGAGOR. evidaxed by • cerNi~ promissory not~ of eve~ date herswi~h, of which tM followinp in
wwda ~nd f' ~p is • trw copY, towit:
z 3-t6,795
1~, 3•~ Februs~ry 11 ~ _~9 71
tb.t vi.rc.. F~o.d..
Fw valw r~ceived, 1, w~ p tit!?K of us, ptan~u to Y. w~~ha?t def~kation, tn Ihe order of FIRST FEDERAI SAVIrNGS AND IOAN ASSOCIATION OF
fORi PIERCE at fort Pi~rc~y~^Fbrid~, tM sum of' 1S.~C~' ~ w~th interest irom da~e ~t Ihe ra?e of .8 • a °'ro pN +~u+um. in monthly i~s1a1M
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~~unq q follows: _ ~ U7' on tM 1~~h d+Y of ~y 19_?~ a~?d • I~ke ium o~ tM careipond;ry day of exh month thHr
etter until the whol~ be fully pa~d.
Each installment first shall b~ +pplied in paYmero of the interest and then on the unpaid balance of the prinupal sum. If defautt is msdt in the
~•a~•men~ of ~ny ~n~~atlment when due, and such default continves 30 dayt, ~hen at the option of the holder, and wi~hout any other ~otice, all tM r~rr~ain~ny ~
;nstallmeNS iMil be due and payabk at once. PrivileQs ii yiven to prepay this nota in whole or in part et any t~me without penalty. Neith~er i~a~ebeuanc~, ~
nor acceptance by the holder tl+e~eof aite? any defauh in anY paymtnts hereon, sMll be decmed extension. A late paymeM cMrg~ oi =-1 ~Aall bt
added 1o each i~atallment remaining ~npaid 7 days afte~ ib due date, and • like sum shall be ~dded to each such installment romsinir+p u~paid 7 days ~fter
eacl, succcedirg paymenr dsre.
Eath ~naker, surety and endaser hereoi, jaintly and severally, warres dema~d, prese~tmem protest and notice of protes? fw ~wnpaymeM, ~nd further
agrees to any ~xten~ion of t~me of payment, e~~hc. be~ore w afte? maturity, wirhout not~ce to any of us; and to pay all costs of collection, incl~d~nq ~
~rasonable sttwney's fee in the event of any dcfault herevnder, and hereby severally w~ivei all heneFit of homestead and exemption under the tonatitutioe~
a~~d laws of each State of ~he Unitrd States, as asa~nst this obl~pation w u+y e:tens~on a rcrtewal hereof.
Witneu the F?~nd end seal of eech party.
• s/ Ida Mae ~llison Baile ~~y
s Amos Bailev ~u
s Julia McPherson ~U
ts~l?U
~ ~ • ~K 1 Stat~ Revsnw
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NOW, THEREFpRE, tAe MORTGAGOR fw tM purpos: of secwirg paymem of s~id wrn of = 12~3~•~ and th~ perform+nw of th~
covenanb a~d agreements hereinaft~r expresscd, and fw diveri ~ood end wlwbk consider~tions, by tl+es~ PfHM/t, dws yr~M, bsrpain, sell. remiss,
reJease, conwy and confirm unro the MORTGAGEE, ib sutussors ~~+d assigns, dt that csrt~i~ l01, pieu or puul of I~nd, siluats, lyin~, and b~inp in IM
ca,my of St. I.ucie .na St,r. ot f~o.id+. desv;t»d rollows:
Lot t, SHa.~FER'S SLTBJIVISION AJDITION, as per plat there.of
on rile in Plat Book 1l~, Page 1, Public Records of St. Lucie
Gounty, Florida,
, ~ ^
i RECE:VED ~ - IN PAYIAEWT OF TIU(ES
DJE Qt1 Cll1SS 'C IKTJINGIBLE PERSCNAL PROPERTY,
PL~^,S~A!.T TO CHAPirR 20724, ACiS OF 1941.
` f,CG-^n F~I'~AS. CIe~C Cirwit Caurt - -
C as A~er.i fot DANIEL N. KNOWLES. 1R ~ fe.~ I~ c- ` t- :.1 } 11 U~a
~ [~QCUi~~ENiH~,:, _Sj•l" ~P TA_:
= St. L,ucie Tax Colle~or ~ ~ ~ - ~ ~
[ z = FEBiS'71 ~
=`.>--:r =
~ Q~ ~ ~ ~F= ` f 8 4 5 = ~
~ {n V C0~!?TRCItEn~~~ :
~ P.B. ~4oiaa
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~ rogeth~r w~th ail and s7npular the tene+nsnn, hereditamena u~d appun~~ces thereunto belagwg w i~+ anywise +pPeAaininp tF~~to. ~~d ~I) nnts, issv~s,
~ voceeds ~d prof~b acc.uinq +~d fo accrv~ from said prcmises, all of which ut included in tM ~bove u~d fwepoirg description aad habend~m.
TO HAVE AN~ TQ }101p tl+e sbove described and yrsnted premwes unto th~ said MORTGAGfE, i» sucussas and assl~~s fo~~wr. Md the wW
~ their
~ MORTGA fa ~ hews. ~:ea+ton. ~dn:inistnwrt snd •uigm, her~by cownanb with tFie ssid MORTGAGEE, Ns wa~uw~ and assiprr.
~ rtur ~--+~--~`i lawfuly ~e~zed of the said prem~sss i+~ fe~ simpte: that tl+e ~ams u~ fr~e, cksr ~nd di~chary~d from ~II li~ro and ~ncunr
~ b.ances in law a in pvity. ~r+d that t~y w~ll ar+d their ~;n ~11 warram ad d~f~nd th~ titl~ w tiw saee~ to th~ s+id
MORTGAGEE, in s~cceasws +nd +ssgro. fwtve* +9+i~s~ the lawfuf claims and de+nsrds of atl persoeu;
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- PROVIDED, ALWAYS that H tht MORTGAGOR ahall pay t?nto the MORTC'sAGEE tM p~anissory note he+~inbefor~ de~cribed ~nd ahall ttvly, prwnptly
~ and fulir p~rform, dtsdM.ye, ea~cute, canp~e~e. comply wi~h and ~b~ by each and wery the s~ipulatio~s, a~reemenb, conditiora ~nd covenants of ~aid
s prom;sao.y not~ uid of th's Mw~+~s. th«+ this Mwty+Qe and the hute hsreby veate~! shall cesw ard be null ~nd wid. ~
IT IS UNOERSTO00 that the word "Mw~yapor" whether in tF~ tinpular w plw+l snywFwr~ ii+ tha Mwtppe, shaH bt ~irpular if a+~ only ad ~
F shatl b~ plwsl joint{y ~nd ~eve.ally if mw~ than one, snd tMt tM word °the'a" ~s ~~ed anywhert in this Mort9pe shall b~ taksn to mtan •'h4.•• •'h~n:• '
~ or ' m.° whaever tM oom~:t so implies a ~dmits. Also, tMt wFK.eva. ~hae is a r~f~.enu in the coven.nn u+d .pr.sm~n» M.ei~ ca+~~irwd ro a~r of l
_ rhe p~rtiq her~to, tM ~w~w sh+ll be construed ro mesn a~ well a tfi~ hein, Ipal ?~prnentativN, wccssiws ~rd auiQru (either volunbry by ~ct of th~
~ panies a involunt~ry by oper~t~on of tFw law) of the sarn~ and thst ~he cov.nan» M.ein comained ~h.lt bind a~d ~he b.nefi» and advanfp~s inu.•
~ ro tMe resp~ctiw hein, by+I r~presentatirei. s~cceaso~s a+d au°pro of ttr parties h~r~to.
~ /~nJ ~sid Mwt4~pon, fa themselves ard thsi? heKS, le~+t rpresentativos, succes~ors snd usigns, hereby jointly ~nd wver~lly cov~n+nt ~nd apree
~ ro ~nd with th~ ~aid MORTGAGEE, in wccetaors and assiym:
1. To psy dl ~nd sirgular th~ princ+pal ~nd interest xd th~ vuious and sundry wms of mon~9 PaY~ble bY virtw of s~id 'promisw~y noM, and this
Rwrfyapt. wch ~nd ~vary, promptly on tF» d~y~ raped~vdy tiw s+rn~ sewrdlr b~tonr due.
~ Q. To pay dl ~+d w~pula tM u:es. ~swssm~nn. Iwies, liabifitia, obtiyations ~nd ennenbanus of wery natw~ ~nd kkd now on ~aid dewib~d
~ P~~Y, a Mwt haeahsr en~~ be impowd, avff~r~d. P~+ced, le~ri~d. a~~eiwd tt»r~on, a that Iw~aftK may be Iw»d a wwswd vpon thi~ Mort¢
ay~. a the ir~W~dnew s~cw~d Mreby. ~~ch and svKy, wMn d'..PMd p~Yablt, accordinp ro I~w, b~fw~ tMy becarw ddinqwM, u+d b~fon ~ny fn»rat z
~ •nacnsa a~~y pen~ltp i~ i~turred; AND INSOFAR 11,i ANY 1MEREOF IS OF RKOR~ THE SAME SMAII dE PROMPTIY SATISf1ED AND DISCMARGED OF
~ RECORD ANO THE ORIGINA~ OFFICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION iAPER OffIC1AlLY ENOORSED
~ OR CERTIHED) SHAU SE PLACED IN TNE NANOS OF SAID MORTGAGEE WI~MIN TEN OAYS NFXT AfTER PAYMEVT; and in tFw ~venf th~f aoy tlwreof b eo1
pa~d, sa~ ~fMd ~nd dixharped sa:d MORTGAGEE m~y at any t~me p~Y ?h~ s~m~ w any part thaeo( without w~iv~nq a affec~inp ~~ryr option, lien, pvity a ~
F •~aM undN o? by vinue of this morfga9e and ths full ~mount of each ~nd we?y ~uch p~ymeM ah~ll b~ immsdu?~ly due ~~d payabk a~d ihall b~a~ intKest
t.om the dne Hxrwi ~nfil paid at r~te o~ n~ne p~. centv~++ pe. •n~vm and top~th~ w~th suth im~rest shatl be secur~d by rM lien of th:s mo~qtp~. ~
~ 1~U 640
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