HomeMy WebLinkAbout0784 ~O~~ ; -i E;
?HIS INDENTURE, AMd~ tl~s_ ~~th day of rBb2tla2~ - A.O. 19~~ ~ bet~een
Frankie L. Smilev, a single adul
of ~t. Lucie ~~~~y F~a~~~ ~~~iMItN dNy~ated as 1M "MORTGAGOR:' and FIRST fEDERAt SAVINGS AND IOAN
ASSOCIATION OF PORT PIERCE. • oorporat~on oryanized and ~xistirq vnda tM laws of the Unit~d Stat~s of Americ~ and Mvirp in p?intipal plsc~ of
busineu in th~ City of Fwt PiKC~. St, luci~ County. FI«ida. hereinaftar desipnated iM "MORi AGEE"
WMEREAS tM MORTGAGOR is jvstly indebted to ths MORTGAGEE in 1M ium of = , good and lawf~l money of the Un~~ed
Statea advanced by ths MORTGAGEE unto ths MORTGAGOR, as evidenced by a certain promiuwy note of eve~ date herewith, of which tM iollowir~ in
wwcfs a~d figures is a trw topy, to-wit:
s 10~ 900.00 N, 3-16, 8C 1
fa, P;e~~., Pta~da, Februarv 12 w_~1
Fw valw received, t, we w either of us, promise to y, without defalcation, to the order of FIRST FEDERAI SAQVIN~GS AND LOAN ASSOCIATION Of
fORT PIERCE a1 iwt Piercs, Flaida, the sum of = ~ with ~nteres? (rom date at the rate of l% pe~ snnum, in monthly install-
ments es folfows: Z ~he ~ 5thday of ~~h 19~ and a like s~m on the correspond~ny day of each month there-
afrtr until the whole be tully paid.
Esch instaSlment firtt sfiall be applied in paymenl of the interest and then on the unpaid balsnce ot the prindpal sum. If default is made in the
rayment of any irutallma~t whcn due, and such default cont~nucs 30 days, ?hen at ths option of the ho:der, and witFwu~ any other notice, all the remaini~?g
~~~stal~menn shail be due and payable at once. Privilege is given to prepay this note in whole or in pa?t at a~y time without penatty. Neithe~ forebcarance,
nw acceptance by the Fwlder thereof afte~ any default in sny paYmcMS hereon, ihall be deemed ez~ension. A late payment charge of j~• 4U shall be
added to each installment remaining unpa~d 7 day~ after its due date, and a like aum shall be added to each such installment remainirtg unpsid 7 days after
each succeed7ng paymem date.
Exh make~, surery a~d endorser hereof, jointly and severally, waives demand, prese~tme~t protest and notice of p~otest for nonpayment, and further
agrees to any extensan of time of payment, either before w af~er maturity, withous not~ce to any of us; and to pay all costs of collcction, includirq •
reasonable attwney's fee in the event oi any default htreu~der, snd hereby severa!ly waives alI benz~it oi homestead and eaemplion ~nder the consfitutio~
and laws of each State of the United States, as aga~nst this oblig~tion w any extensior? or renewal hereof.
Wi~ness the hand and seal of each party.
s/ Frankie L. S~nile_y, a sin~Ie ~t
cs~Au
~ cs~?u
$16.2Q ~
t 1 State Rev~nve
~ P~ P~ ^9 P+v ~ 0~ ~00. ~0 ~nd ths orma~+u of tM
NOW, THEREFORE, the MORTGAGOR fa th~ r of securi mrnt of said sum of s P+~
covenants and ag~eeme~ts hereinafter exp~essed, and fw d~vers Qood ~nd valwble cons~derations, by thes~ p~sse~ts, does grant, barya~n, sell, remise,
release, conwy confirm unto th~ MORTGAGEE, its succeuas and augns, •11 that ccrtain Iot, pi~w w p~rul of I~nd, situate, lyiny, and beitg in the
~ .cit . I,llC i.@ ~nd St+te of Fbrida, descr~bed ~s folbws:
Lots 9, 10 an3 11 , Block 15, LAWfI'vJ00L~ ADDITIOh, as per plat thereo.°
on file in Plat Book 2, pa6e 16, of the public records of St. Lucie -
County, Florida. AL.~O North ~ of that part of vacated alley adjoining
South boundary line of said lots.
f Go
' C~ L U~l i:J,s~ ~i r~n~c+~ L~ / p/V~~~~ ~~~f
~ w 5'I.r~?1 ~ sTa~ " t,~;c ~ ~r:~~a~~:>:E ;x~sc:~r~ : r
~1P ~T A..
€ V F DOCUNlENTA. 'Ut;.~~r ~ 1U i.~vJ'~. . :"rl?4. RC. ~ Of . _
~ ~ j = fE817'71 2~:~ 6 ~ ~,,-o n,,~tr_'1;~ ~,;~rl, ~~~t G:r'
~ u = j~
~~e • - SS '1>:°!:t f~I i1.1.Yi~L ~..~~i.`ti, ~c.
N COU1?TROLtER '
P.B.i9a~3e ;1. ?:K;ie ~:ua :°x r~dh~c,c
~ ~-r-
~ ~
;1F3'(,R`t ~'.~.kFY,
~
~ to9eth~r with all and sirqulx tM ttne~nen~s. he~editamenri and appurtances therwr+to belorginp p in anywise +pperlainir~ thertfo, and ~11 rMts, iuws.
~ p: oce~ds snd profib acauirp and ta actrw from s~id premiset, all of whicfi ue included in tM ~bov~ ~nd foreQoirg descriptan and h~b~e~d~xn.
?O HAVE AND Tp.HOID ths abovs dexribed ~nd qranted premisss ~nto tM said MORTGAGEE, its succeators and auiynt fw~wr. Md th~ s~id
~ N.CRTGAGOR fw her executw:, ~dministntwi and •tsigns, hereby tovenants with the said MORTGAGEE, its svcc~sso~s +~d auipiu.
~ he is._
rFuts lawfully seiz of tM said prem~s~s in fee simplr, that the sarrK ar~ frK, ckar ~~d c+ixhar~ed from all litro ~nd ~e+curM
~ b~ances in law or in equity, and that s~P will ~nd he r hein thall w•rrant .nd d.f.~,d rM ~iN. ro ~M s.n+. ro iM said
MORTGAGEE, ib succeuwt antl assp~s, (orever ~yai~st the t~wfvl claims snd dem~nds of ~II perwm;
PROVIDED, AIWAYS rt~.~ if fhe MORTGAGOR shsll pay unro rhe MORiGAGEE the p.omissay no~~ hereinbefwe desc.~b.d .r~d ahall nuN. w~P+h
` •nd ivlly p~rform, dacharpe, exacut~, complete. comply with and abide by tach and every 1M ~tip~latiaa, a9reemenri, conditian ~nd cov~n+ots of said
~ promiuay ~ote u+d of this Morty~pe, then thi~ Matya9e and tF~t Estate ha~by aeated ahall uas~ and b~ null a~d void.
x
~ It IS UNDERSTOOQ that the word "Mwtya~w" whether in tF» sinpular or plural anywh~?e in th~ IIAat9~ye. ~hall b~ senpulu if on~ only ~nd
~ shall be plwa) jointly and wverdly if mor~ than oM, and that the word "~heir" ai used anywMn in ~his Mw~y+ye iMll M t~k~~ to mtan •.hi~.•• ••tx~s•.
~ w•,its:' wherevtr the context w impli~s or sdmits. Also. that wherevtr there is s?eftrenc~ in IFw coven~nn ~nd ~gr~emenb herein cont~irwd to ~ny o~
eh~ panies hereto. 1he s~me ~hall b~ cautrued to ms~n as well a~ tM Min, leyal r~pesent~tiws. ava~ssas and ai~iyro (~itMr voluntuy by ~ct of tM
~ parties a involuntary by oper+tion of tFw Iaw) of the sam~ u+d thst the coven+nn hereio conuinad ih+ll bind ~nd rlK b~n~fin ~nd idv~ntapes inw~
t~ ro the rsspective he+n, lepal representatiws, uxcesson snd ~u'gns of the putiea hereto.
~ And uid Mwtysyors. fa themselves ~nd tMir Min, ky+l r~pressntativa, succ~ssors ~nd aui9ns, I+er~by jointly ~nd ~evaally cwaunt and p~~e
~ to and with tM said AhORTGAGEE, its succ~swn ~nd +uiqns:
~ 1. To pay ~II and ~inpulu tht principal and inttrat snd tFee varian ~nd ~undry wms of morwY pa~r~bM bY virtw of siid promiuory rat~. ~nd Ma '
?'z mortpa~, each and ~wry, promptly on tM days respectivdy tM ~sm~ ~ewrally becomt dw.
2. To pay dl and sirgul~r th~ taxes, assessm~~b. I~viet, liabilities, obli~atian ~nd ~ncumbranas of ~vsry r?~tw~ ~nd ki~d now a+ s+id de~cr~d
p.opaty, w that hereah~r msy b~ impwed, wffered, placed, levied, a ass~ssed ths~eon, w tMt her~~ft~r may b~ levied w aseswd vpon thi~ Morq-
~ p~, a the indebtedneu NcwsA h~reby, ead~ ~nd ev~ry, wMn d~?e ~nd p+yabls, accordinp ro law. b~fw~ they b~can~ d~linqwnt, ~nd b~fw~ ~ny {ntK~st
~ ~rtac~ p any penalty is incw?ed; AND INSdFAR AS ANY TMEREOF IS OF RKORD ~HE SAME SHAII dE PROMPTIY SATISFIED AND OISCMARGf~ OF
~ RECORO AND THE ORIGINA~ OFfIC1At DOCUMENT (SUCH AS. FOR INSiANCE. THE TAX RECEIP? OR THE SATISFACTION PAPER OFFICMIIY ENOORSED
~ OR CERIIFIED) SMAiI bE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AF1ER FAYMENT; and in th~ svenl tMt sny thereof ia not
~ paid, s~~'s(ied and d~xharped sa:d MORTGAGEE may at any t~me p~y the same or ~ny p~rt thereof without waivirq w sffedirg ~ny oprion, fien, eqvity o?
•~pht under or by virt~e of this mortgage and the full amou~t o( exh ar+d ev~ry such paym.enl ~hall be immedi~tely due and pay+bk ~nd shall b~~r intNNt ~
~.om the d~te thereoi until paid at r~te of nine pe? tcmum per annum ~nd toyether w~~h such imeres~ shall be utured by the lien of th:s morptapt.
~ ~oo~ 1~tJ .781
~ _
~ _
~T .a ~L ,J..... ...~~r... nr~. p. . . x 13 _