HomeMy WebLinkAbout1113 ~GU~f J:) V
THiS INDENTURf. AA~de ths l8th day of Februarv _ A.p. 19 71 , b.+~.ee~
EdMard Niggins anci :~t~,ry t~. Ni9q~g~ his wife_~__
of ' St• I.L1C~g ~p~~~ florid~, hereina(ta detgns~ca! as the`"MORIGAGOR."`end FIRST fEpERAt SAVING$ AND IOAN
ASSpCIATION OF FORT PIERCE, a corpo~~t~on wpani:ed and ex~~t~ng unda ~M laurs of ti» Un~ted Ster~s o! Amerk~ and having i~s principat place of
bus,ness in ~F» [ity of fwt Piaa, St. luci~ County, flaida. heroi~++(te~ d~i~pna~ed as tFw "MORiGAGEE."
WNEREAS the MORTGAGQR is justly indcbted to tA~ MORiGAGEE in the sum of S_~~~QQ~QQ good a~d lawful money of the Un,tcd
S~atei sdvanced by the htOR1GAGEE unto Ihe MORTGAGOR, as av~deocrd by a uru~n prom~u«y ne~e of e~en dare t~arew~rh, 01 wh•<h tl~e fo;iu»;ng in
~nords and figwe~ is a true copy, to-wit:
s 18~~ No3-16 ~ 83U
fort P~erc~, Flaida, Fehx~rY 18 1971
Fw value receivrd, 1, v`e a ei~her of u~, promse to pay, without de(alcatio~, lo ~he order of fIRSi ftDERAL SAVI~1(;5 ANO IOAN ASSOCIATION OF
fORT PIERCE at fo+t P~erce, Flonda, the sum of S__~~•~~~______ w~ih mrerest (rom date at rhe rare ofY~~7 prr annu:n, in monthiy insrali-
~ r~~rs a~ fo.'ows: S-~~~tQQ _ on the ~S~tL dsy of Anril Iq. Tl and a til.e sum oo ~ha correspond.rkJ diy of cadi month therr-
arrer unt~l ~I~e ahO:e t+e tv~ly ps~d.
Each ~nste~i~nent f~:st ahall be applitd in payme~f of the interesf and the~ on the unF+sid balance of tha pr,nc ~;nl sv:-~ lf defautt is made in the
...n,rnt of any u~stal;n±ent when due. and such defauh conti~ues 30 days, then at the op~~on o1 the hoider, and H~tho.,r an; ort,er ~~~;.e, .:H rhe re~sia~nmy
ns~atlm~nis shaif br d~e and payab:e at once. Paiv~lege is given to prepay this note in who;e or in pa~t at a~~y tlme w~~hout ~:enaNy. Nehher forebearance,
nor accapfance by the holder fhereof afrer any default in any payments hereon, ahall be deemecl e~tens~on. A late paymcnt ~harge OI S~~65 shall be
:_i.ird ~o each ina~ai~+nent rema~n~ng unpa~d 7 days after its due date, and a hke sum shall be added to each s~•c1, ~nftailmint rema~n~~tig unpa~d ) days a(ter
ra.h avcceeding pa~mrnt date.
Each maker, w~ety and endorse~ hereof, jointly and srvetally, wa~ves demand, preser,fmcnt protrst a:~d n~t~~r of pro+~~:! for nonpay~nrnt, ~nd iurther
agrecs fo any ea~ansron of hme of payment, e~ther bNfore w after mawrity, wiihovt not:ce to any of us ar,d to pay all cvsn oi co!!~•ction, ~nuud.ng a
~r.,iunab!e dltornCy S fer ~n ihr evem of any clefault hereundtr, and hereby serr+a!!y waives all be~~rf:r of homrsirad ~nd exrmpt~on undrr the consutulion
~~d laws of each S~ate of ~he Un~ted S~ates, as against this obligat(on or eny eatens~on or renrvval hcreof.
W~tness the hand• and seal of each party.
/s/ . Edw~ard H igg ins ~ai)
(SEAI)
/s/ Mary ~ti~. Higgins
t_ 27 ~ 30 ) State Revenve «U
~'r.rMC~lt~d. ~n.~i~i~al aat~l
NO'JV, THEREFORE, ~he MORTGAGOR fo~ the purpose of secv?ing p~yment oi said sum of S 18!'2~~00 „ and 1he performa~xc of the
covenants and agrremer.ra hereinafter expreiaed, and for divers good ~nd v~luabk conaide~ations, by these presents, dcea g~ant, barga~n, setl, re~n~se,
re'ease, co~vey and co~firm umo the MORTGAGEE, its iucceuors and ~saigns, all that certain lo~, piECe o~ parcel of land, siruate, lying, and being in the
:ounty of S t. L l1C 12 ~ ~nd Sata of Flwids, dexribed as fottows:
Lot 2 and the ttiest 4 feet of Lot l, Block 13~
:~WRAVILIA TERRACE, UNIT ~f2, as recorded in
Plat Book 15~ Page 17 of the Public Recards
of St. Lucie County, Florida,
_ ' IN PAYMFM OF LU(ES
DUE ON CUISS 'C INTANGIBLE pERSONAL pRppERTY, - - -
PURS~ANT TO CHAPTER 2072t. 11CTS OF I941. ~ ~j ~ { ~ 1 t = i- [ _ ! ~ ; ! . n~
R06~R POITRAS Cterk Circud Cou~t i u.;~:t~:
' - - - - -
as Agent fot DANIEC N. KIYOWLES. ~f1 Z = : ~ _
~ _ f~az~~; t
~e Tu Co~ N ~ '1`- 2 7 3 0_
St t COUMy (eCtpf ~;•avfa,~_~ _ ~ ;~~~-~J
~ _
~ ~~.'~Ci35' _`,`~s;_
~ ~ Lz~
DEr1lTY ClE1tR
~oge+her with all ~od sing~lar the tenements, heredit~meny sad appurt~nces thereur.to belcx~ging a io anywise appertaining the?eto, and •It rent~, iuues.
~txeeds and proi~ts accruing and ro accrue from ssid prtm;ses, a;l .of w6ich arc included in the above and foregoiny descripfion and habendum.
TO HAVE AN~ TO HOID the above descrfbed snd g~anted premi~es unta the said MORTGAGEE, iH successo?s and au~gns forever. Md the ~aid
YORTGAGOR for --~--h-~------ heirs, execvtws, administraton and assigns, hercby covenann with the said MORTGAGEE, its successors ~nd auiyro,
•ra~ 7aw(uNy ~e~zed of the said premises in fee s~mple: that the same are free, dear ~nd d~scharged from •11 licra ~nd encum~
orances in l~w or in eqv;ty, and thst thg,v will and th~1r heirs ihall wsrrant ~nd defend the title to the sartw to tM s~id
MORTGAGEE, its succeuors and assgns, forever ap~inst tF+e lawful cl~ims and demands of sIl persons;
PROVIDED, AlWAYS that if the N10RTGAGOR shall pay u~to the MORTGAGEE the p~omissory note hereinbefwe described and shall truly, promptly
e.+d fulty perform, d~Khirge, lxKUte, complete, tomply with and abide by each and every tF~e stipul~tions, ag~eemenrs, co~ditions and covenants oI said
o.om~aso~y note snd of th~s Mwtgsge, t}x~ this Mor~ysge and the Estate hcreby aeated thall cease end be null and vo~d.
IT IS UNDERSTOOD that ehe word "Mortg~gw" whether in the :~~+gular or plural ~nywhere in th~s Matgaye, sha(I be sinyuiar if on~ onty and
shalt be pfur~l jointly and severalty if more than one, and that the wad "the;r" as uscd anywhere in this Mortgage shall De taken to mean "his:. •.hen,.
or "iti;' wherever the context w~mplies or admits. Alw, that wherever there it a reference in ~he covenants ~~d sgreements herein contained ~o a~y of
rhe par~~es hereto, the tame ~hal1 be construed to mes~ as well as the heirs, 1e9~1 represe~tatives, tvccessor~ and a~signa (either voluntary by act of tM
parries oi involunfsry by opcratan of the law) of the s~me and that the coven+nts herein co~tained shall bind and the benefits ~nd adv~nta~es inure
To the respettire heirs, ky~l representatives, successors and •u~ym of the parties hereto.
And sa~d Mwtyag~rs, iw themutvq and their hein. leyal represenratives, auccessas ~nd assigns, hereby jointly and seve~al~y covenant and agree
' ro ~nd w~rh the u;d MORiGAGEE, ;ts successors ~nd ~uip~s:
To p~y •II and s;nyvl+r the pri~cipal and insereit and the v~rious ~nd ~undry sums of mwuy Rsyable by virtue of said prom~s~y note, ~nd thi~
•+wrtype, e+ch and er~ry, promptly on tF~e days re~pectfvely the same sev~rafly becom~ due.
' 2. To pay ~II ~nd sH+gulu the t~xes, ~ssessmenb, levies. li~biliriy, obliyafiwn and encumbr~~ces of every nature ~~d kind raw on said dewibed
p+opertY, a rMt heaeaftH m~~ be ;mpored, suffered, pl~ced. 1*vied. a ~ueued therew~, a tMt hereaite~ m~y be levied o~ ~ssessed upon this Mort¢
afle, a fhe indebtedness secvred her~by, each and w~ry. when due ~nd p~yabt~, ~ccadinp ~o I~w, before they become delinquent, ~r~d befw~ ~ny int~rest
e+*achcs o~ any pen~lry is ~ncuned; AND INSOFAR AS ANY THFRfOF IS OF RKORD TNE S/1ME SHAII 6E ?ROMPTLY SATI$fIED ANp DISCMARGED OF
~ECOttD AND THE ORIG1NAt OfiIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR TNE SAii$FACTION VAPER OffIC1AlLY ENDORSEO
CiR CER:IFIEDi SHAtt 6E PtACED IN THE MANDS Of SAID MORTGAGEE WIiHIN TEN OAYS NEXi AFiER ~AYMENt; and ~n the event thet any therco( is nof
~e,d. sar ~f~ed and d~schaiged sa d MORTGAGEE m~y N any fime p~Y the same p•ny part thereoi withou~ waivirg o~ •ffecting any opfion. lien, equity or
•~~ht unde+ a by v~rtue ot th~s mortgage ~nd the f~ll am~nf ol each ~nd every tuch payment shall be immed~ately dve and payable and sh~ll bear interes?
'•om fhe dare ther~of une~1 pa~d ar r~ie of nme per cenrun p~r •xu~ apd~ther wnly sy~~sy~rrsr sbi11 be src~red by the Iien o~ th s mor9t~.
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