HomeMy WebLinkAbout0810 . • 2(:4::~3
THIS 1NDFNTURE, Madt ~ 16th ~ of F@btNal~/ A.D. 19 71 . b~:r~een
Jo n B. '~lorqan an Masy JanQ Mozqan~ h s wife
of - St. L,tlC1Q , Cp~~~y Florid~, FwrtiMhK daignated a~ ti» "MORTGAGOR." +~d FIRST FE~ERAI SAVINGS AND IOAN
ASSOCMTlON OF FORT PiERCE, • capaatan w~nized ar~d sxistinp wid~. tM I~ws of tM Un~t~d Srar~s of /1rn~riu and Mvlnp l~s princi~pal plan of
bu~ss a? tl» City of For1 Piatt~, St. luci~ Co~nty. FbrW+, husir?aft~t dqipoat~d q tl» "MORIGAGEE:'
WHEREAS tM MORTGAGOR ia jwtly Md~bMd b th~ MORTGAGEE in 11» ~wn of = 4 ~ 0~• ~ good and I~wf~l mo~ey of the Un;tcd
S+atas advancad by rM MORTGAGEE unto th~ MORTGAGOR, u~vid~nccd by • csnain promi~ory note of even dah h~rewith, oi wh;ch tht tollowir~ in
~+ord~ u~d liqury q a!rW cOpy, bwit:
i 9 ~ 000 . 00 ~o 5~,16
~ g'7
Febrna=y 16 i9 71
Fort Pi~rc~, fiotld~, - - - -
FW N~~tN ~KNVld, 1, w~ a~ithe~ of us, promis~ ro pay, without d~ialcat~on, fo the o~d~ of FIRST FEUERAI SAVINGS AND LOAN ASSOCIA~ION Of
FORT PIERCE •f Fwt pierce, Fbrida, the sum of = 9~~0~ ~ with i~terest (rom date at d+~ rarte ot 8~-~°e per annum,~in moothly i~staH-
~~r~ts ~s follows: on the ZSL~! ~y pf April ~9 71 u~d a tiks sum o~ the correspond~rg day of exh month tfiere-
strer unli! th~ whok kx fully pa~d.
E~ch ins~al{mc~t first sMll b~ appiied in paymMt of tM interest u+d then on the unpaid bai~nce of the princ:pal sum. If de(sutt is m~de in th~
Fayment of ~ny installmen~ wAe+t dw, and wch dei~utt tontinuas 3p days, then at the op?ion of tha ho{der, and without any other natice, all thc remaining
~ns~~lJme~ts shatl bt due and payab7e af once. PriviltQ~ is piwn to prtpaY this note ~n whol~ or i~ parl at any time wilhouf pe~atty. Nrit~tr forebcarante.
nor atctptance by the Aolder thrreof atter any defauh ie? anY paymenb hereon, shall be dce~ned extension. A late payme~t charge of =_3 ~ 95 shall b~
added to each installment remaining vnpaid 7 days aftq its du~ d~t~, and a like sum shall be addtd to each such installment remaining unpaid 7 days afte~
each svafeding p~ymeni dat~,
fach maker, suiety and tndorsea hereof, jointly and uverdly, w~ive~ demand, preuntment proteal and not~ce of protest for ~onpayn,rnt, and turther
agrees to a~y extensia~ of f~me of payment, either befw~ or ~fte~ msturity, without notice to any of us; and to pay al! eosts of callection, inc~ud~rq •
rrasonabk attorney's fee in the event of ~ny detautt hereundet, and M~eby severalty waives a!! bcnefit of homestead and exempt~on under the constitution
a~,d I~ws of each Srate ot the United S~stes, as a9ainst this oblgation a~ny ert~~s~on a renrwal hereof,
W7t.iess tlm Aa~,d and ~ea) of e+ch party.
/s/ John E. Morgan ~~U
cse~?u
/s/ Mary Jane Moi9an cs~?u
$13. SO S„ ae ~
NOW, THEREFORE, tM MORTGAGOR for th~ purpos~ of tecu~iny p~ymcnt of said sum of = 9~ 0~• ~ , and the perfwmance oi tM
coven~nn and ~reements here~naher expressed, and ior divas 9ood and wlwbl~ coni~de.at~ons, by these presen!s, d.xs g.ant, ba.ya~n, uu, remise,
relees~. convey and confirm unw tM NWRTGAGEE. its auttpsors ~nd ~ui9ns, •11 thst ceru~n bf. piec~ or pucel of (~nd. si~wte, iYinQ, and beinp in fhs
~wmty of SL • TdiCl@ ~ and St~t~ of Fbr~d+. dtstriksd ~s fol(ows:
i
1
P
Lot 14, Block 45, RIVER PARK - UNIT NO. 5, as per
plat thezeof secorded in Plat Book 11~ page 31,
public records of St. Lucie County, Florida,~
u~
. ~ _ ` - - - • ~IY@ ~ IN PAYMENT OF TA7(ES
W ~ T-~T t~-;- 1-~ 9~.: ~-1 ouE a+ cuss ~ ~r~ru~~a~ ~RSeruLL w~~n,
c.) ~ DOCU:~IENT.i~'"„~~::;'•;P 7~1.;~ PUkSUANi TO GW~'TER 20724, ACiS OF 19N.
J ~ = FEeia`~~ ' _ _ - - - R06ER PORWIS, qak Arcu~ Court
c°~ = I 3~t O- fot DAMtfI N. ISNOWLESr 1R
N CC~ aiRi.LL~ ~ ~ ~
PB.19013II _ ~ 1u Co1le~or
~ ~
DfPl1iY G.ERK
ro~eNw with all ~nd :ingvlar Me tenernsnt~, heredHameny and appwf~rKes therevnto bdorg;n9 or in ~nyw,i~ appt~t~inir~ thereb, and all r~n», issws,
p~ocseds ~nd p?ofits accr~irg and ro accrve from said prsenises, dl of which ~n included in th~ abov~ and fwe9oinp d~acription ~nd h~bsndurn.
TO HAVE AND TO F~OID the sbwM describ~d ~nd ~r~nted pre.nises ~nto the s~id Ai1pRTfsAGfE, in wcceswn and auiy?a fweva. Md th~ iaid
MORTGAGOR fw t~lr ht;rs, execvron. adminisrraton and au;yna, he,sby covenants with th~ s~id MpRTGAGEE, it~ wcc~swn and ~ui9ea.
rlut -theY-a=~ IawfuNy ~e+zed of th~ said pr~mi~es in fa
simpb; tMt the ~am~ u~ frN, cls~r and discFur~sd from ~II lieru ~nd N+cum~
o.ancei in law a en eqv;ty. ~nd tMt_ t~y will u+d their heia shall wuram .nd defend ~he riH. a the sam. ro rh. s~id
MORTGAGEE, ita ~uccesw~a snd assipro, fawer paimt ti» Iawfvl cl~ims and d~mands of all perwro;
PROYIDED, ALWAYS th~t if th~ MORTGAGOR sF+~ll pay w~ro tM 1MORTGAGEE tF~ p~omissory not~ hereinbe~ore described and shail truly, promptly
snd fu~tY yerforns. d~sd~+rye, e:ecu±t, cornplNe. comply witl~ ~nd ~bid~ by ~ath and erery the stipulations. prsert~enh, condi~iwn and covtn~nts of said
Psom~s~ory noee and of this Mwtyap~, tMn this Mortyape a~d tM Ea~~te her~by ve~ad shatt ceas~ ~nd b~ null and void.
t1 IS UNOEQSTOOD tlut th~ word "Mw~9+por" wlatMr in the sinpular w plwal an~r«hae in this 1Nortyp~, sMll b~ sinyul~ if py only ~nd
ahail b~ pkxal loir?t1Y and MVK1IIy II mor~ tha+ ont, ind that the word "thrir" ~s used anywhert in this Matpap~ sl»II bt taken to mean •,hb,•• •,Mn~
.
w"i»:' wh~rever ~1+~ conts~t w impl~et a ~dmia. Abo, that wl+Me,rK these h•~~fNenc~ in ~M cwen~nn and .yr.eme~,n h...in ca+~•~rwd ro.nr o~ ~
rh~ pa.ties hereto. t!r s~+w sF»II bt co~snwd b me~n ~ w~ll N the h~ira, fpal rp~~scnt~~ives, wccesw~s and ~uiyru (~itiier voluntary by act of t!~
pan»s a inrolunt~ry by opNat~on ot the law) of tM ~arn~ and tiwt tht covenants her~in contained shall bind aod the b~~efiri ~nd ~dvantp~s k~we
ro Mr rapsctiw Mira, kg~l rp~e~em~tires. ~vccsssers ~nd aw~t o{ tM p~rti~s herNo.
M+d sa~d Mortyapas, iw tMmseFvp ~nd th~'a Frin, Ipal rprNent~~ivq, succnsors ~nd suqn~. her~by jointly ~r~d s~vNdfy covtnant snd pr~e
a ard with the ta+d MORSGAGEE, iri suct~ssws ~nd ~uipro:
1. To pay all ~e~d sin~,f~r rh~ pri~c;pal ~nd inr~r~st +nd tM wrio~s ~nd wndry swn~ of nwneY paY~bf~ by vinw of ~aid prom;~sory rwr~. ~„d y~n
n+ortp+pe. ~ach ~nd ~v~ry. O~oenPtly an Me d~y~ r~sp~etiwly tM s+rrN wwr~{iy becan~ dw.
2. To phr ~II n+d wqulr t!~ t~,~~s. ~ss~san»ntr. kvi~s. li~bilitip, o6liqnioro ~nd ~ncwnbrMCes of ~wry n~rur~ ~nd kind ~+ow on Nid d~wlb~d
woP~+tY, or thal her~~h~r m~y b~ Mwpw~d, wH~r~d, pbt+d. Iwi~d, a~~wswd th~non, w that Fws~i~~a may b~ tsvi~d a~ss~swd upon thb Matp~
ay~, w tM indrb+~drKa ~acw~ I+e.~by. Nd? and ~wry, wMn dw and p~r~bl~. ~ccwdinp ro I~w, b~f«~ tlwy brco.M d~linq~ent. ~f1fl btfOM My M11MN1
•+r~cMs or ~+~y p~n~tty is ;ncwr~d; ANO INSQFAR /1S ANY THfRfOF IS Of RfCOR~ TKE $A1NE SNAII AE PROAMJIY SATISfIED ANp DISCHARGED OF
RKO~~ AHO TNf ORIGthAI OFiK1At ppCUJNENT (St1CH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACIIQN PAPER Off1C1/1ltY EN~ORSE~
4R CERTIFIED) SHAII bE PUCED iN THE HANDS OF SAID MORTGAGEE WITHIN 1EH OAl/5 NEXT AfTER PAYMfNT; •nd i~ r~ e~•m rhs~ an~ rfi.r.of ls rw~
w~d. Nr ~li~d ~nd d~ad~.p~d sa:d MORT(',AGEE +nry •ny rN,,. p.r tM ~am~ o~ ~ny pnt th~rw( wi~twu~ waivir,q w•Hec~inq ~ny opt~on. tien. ~quity a
•~ht v++da o~ b~ vi/tw o1 Ihis mortyap~ ~nd tlt~ fvll ~movm of ~ach 1nd ~rMY such payrtwnt ~h~tt b~ ~mmed~at~iy dw •nd p.~•bk ~nd ah~i{ b~a ;ntM~~
~•an ~he ~t~ threol w~rit pa~d ar r~fe ot n~ p~r c~ntum per ~n~en w~rh t inr~~ shsll be secvred by tM li~n ol tl+:t morp~pe.
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