HomeMy WebLinkAbout1616 ~ ~ir~.. ~.7a~1lJ
' IHIS lNDENTURE. M.d. ,?,s 25th d.Y of , Febrnary ; , A.D. 1971 tkh.ren
Grace P. Learned, a single adult +
+ ,
/ of St . 1+t1C lQ Cp~nfy ilaida, herainatlN desy~ated as the "MORTGAGOR," and i1RST fE~ERAI SAVINGS AND IOAN
~ AS$Q~IATION Of FORi PIERCE, • corpo?ation or9anized and ex~stir~ under /he lews of t!ro Un~t~d S~at~s of America and having iti principal place of
bui~n~u in tM City of Fort P,t~cs, St, luci~ County, Flaida. he~einafter d~tipnatrd aa ~M "MORTGAGEE."
WMEREAS the MORTGAGOR is jwtly indebted ro the MORTGAGEE in 1he ium of S 8• 5~ • Qn good and Iawful money oi the Un ted
S+atea advanced by the !NJRTGAGEE unto the MORIGAGOR, as evide~~ted by a certa~n prom~sswy note of even dare herew~~h, oi wh:ch the foltewi~g in
.+o+di and figuros is • trw copy, towit:
3 8~ SO~.Q~- ~3-16L850
F«r P~~«e, Florida, February ZS ~ 19~~
Fw value r~;e~ved. 1, v.e or either of us, prAom~se to pay, without defalcanon, to ~he order of fIFST FEDERAI SAVINGS AND IOAN ASSOCIATIQN Of
F JRT plERCE al Fwt P~rrcr, Ftoride, the sum of r!
5~' , N,;th inrerest iro~n dafe at the rate of _ 8• SO~ pe~ an:~um, i~ monthly insta.:
•~r its as fol!ows: j_7Q ~ the ~ Sth d~y of Apt12 1971 and a GAe sum on the corrrspu~~d~ng dati of each monrh thcre-
arre+ until thc whole 'ue fully pa+d. ~
Each instai~:nenl first sAall be appl~rd in payment of the imcreat and the~ on fhe unpa~d ba:an:e uf the pr~n~ pal sum. Ii def~ 4r ;s mede in the
; a,mem of any insta"n,ero when due, and such defa~lt conGnues 30 days, then at the opt~on of the holde., and w~+fio„+ any ori,~~, nonce. at1 thc rcmaining
-~sraNr~nr: shiN be d~e and payabJe a~ once. Pr;v;lege is given ro prepay ihis note in whole or in part at any t,~ne wrthout penatty. N~~eher torebcarance, ~
f
~or acceptance by the holder thereof a[ter any default in any paymems hereon, sha~l be decmed lYTBi\S~Ol1. A laie peym~nt ~iiar~e of S3.~TQ. .~hsll be S
~dded to each instailment rema~n~ng unpa:d 7 days after its dw date, and a t~ke sum ahalt be addrd to ea;h a~ch initailme~t remainn~ unpa~d 7 days after
each succeeding payment da~e.
Each maker, wrery and endorser hereof, ~ointly and severally, waives demand, p~esentment protest and aotice of proTest for nonpaym~nt, and f~rthe~
egrees fo any ratens~on of t~~ne of paynKnt, elther before a ahe~ maturity, withouf net~ce to any of us; and to F~ay all wsts of coi;rn:on, incl~d.ng a
:r.~sonabfe attorncy"s fee in the e.ent of any default hereunder, end hereby severally waives a!! be,zef~t o} hom~•stead and exc~npnon vnder the constitution
~ d Iaws of each S~ate ol the U~~ted States, as aga~nsl lhis obl~g~tioo pr any eatension o~ renewal hcreoi,
Wifness the hand and seal of exh party.
s/Grace P. Learned, a single a~k~
(SEAI)
(SFAI)
i_ J 12 • 7 S 1 Sqte Rcve~ue (SEAL)
~5rsw~p~. e~weeMed p? e~iQintl-ne~)
NOW, THEREFORE, the MORTGAGOR for the purpose of securir+y payment of said sum of s 8~ 5~ , ared tl~e perfo~mance of 1ha
covenann ~nd agreerruents hereina(ter e:pressed, and fw divns 9ood and valwble considerotiona, by these presenrs, dxa grant, barga;~, sell, rem~se,
ease, convey and conflrm unto the NSORTGAGEE, its successas aod aaiiqns, •tl that ce.t~in lot, piece or parcel of land, situate, Iying, and being in the
Counry of St. LuG2e and State of Fb?ida, dew~bed as foiiowi:
I.ots 10 and 11, Block 3 of Ft. Pierce Highlands, Unit #1 as recorded in Plat
~
Boak 10, Page 29 of the Public Records of St. Lucie County, Fiorida,
~ W
~
~ M
d ~
~ ~ ~ ~
~~p~
d fll y t+ ~
~ S'i'l-11 ~ F L t~ ~ ! f11~ ~ d S~ ~g' ~ ~
? ~ DOCUMENTAo"_ ~ , Ma ~iA'{ , W ~ :
j ~ - "MR2''Tl ~ _ ^ ~ Z ~
~ ~ C0~7ROLLEA ~ ~ ~ ~ ~ ~ 6 ~ 1 z ~ z ~ ~
~.140i3i - ~ W .
- ~ z ~
/ ~ ~ _'_°'~"r~vl tyr~ p q~ C ~~7
~ ~Y y~ ~ ~aiM M V~ ~ ~ 9
~l
O Z r,,, ~
}p4 C v
a~ c~ ~ m ~ ~
. W ~ ~ a ~ T
~ G a ~ N m i
+ogether with all and singular the tenements, hereditsments and appurtances there~rnto belonging a in anywi~e appertaininy thcrero. a~d sll rent~. iuws.
p~oceeds and prof;n accruing ~nd to xcrue from aid premiset, all of which are includn! in tM above ~nd fweyoing descriprion and habendum,
TO MAVE AND TO HOID the ~bovt described and yr~nted prem;se~ vnro rhs sa:d MpRiGAGEf, itt tuccessaa and ass;gns foreves. And tFw s~id
MORTGAGOR fa her n~;~:, executort, adminiatrators and assigns, Ixreby covenanb wifh the sa~d MORTGAGEE, its succeuors ~nd ~uiQro, t
rksr lawfu)ly seFzed oi the said prem;ses in fee simple: tMt ttK same ue fr«, de+? ~nd d~scharged from all Gcns and ~ncvm- ~
t~snces in law p in equity, ~nd that 'She wi{I and neZ heirs sMll warraM ~r.d defend the title fo the sam~ 1o tht said ~
MORTGACaEE, iq successws and ~ss~yns, fwever against the lawful claims ~nd demands of ~II penons;
PROVIDE~, ALWAYS tMt if the MORTGAGOR shall pay unto ~he MORTGAGEE the prom;uo~y r~ote hcreinbefwe dewibed and sMll aruty, prompMy
,snd fu11y perform, d~uharqe, execute, complets, comply with and ab~de by ~xh ~nd every tf~e sripvlations, ~greements, cond~tion~ •nd cwenants of sa~d
~rom~ssay note ~nd of this Mortpage, then this Mortg~ye ~nd tM Estate her~by created shall cease ~nd be nvll and w~d.
IT IS UNDERSTOpp tMt the wwd "Mortq~or" whetAe~ in tht firgular or ptural ~nywhcre in th~s Mortgsye, sha~l bt singutar if one onty and
:h~lt be plurd jointly ~nd severa!?y if more than on~, and fhst tAe ward "their" as used anywhere in this Mwt9e9e sF+all be taken to mean "his:. •.h+rs,•.
w"its;' wF~erever the co~?eat so impliN or adm;ts. Atso, that wherever there is • reference in the covcn+nti u?d ~reements here~n contained to ~ny of
rhe parries her~fo, the same ~ha11 be conatrued to mean as well ~s tM heirs, legd rtpresenqtivd, successon ~nd ass~yrr~ (either rolu~ury by ad oF th~
p~rt~rs or involumuY by operat~on of the I~w) of the s~me and tMt the covenams herein contained shatl b~nd u+d the benef~ts •nd ~dvmtayes inure ~
+o fhe respecrive he'as. {pal re~xescnr~tives. auccesw.s ~nd ~~qns oi fl~e p~?Ges hereto.
Md ~aid Mwty~qo~f, fw themselvq ~nd their hein, leyal repre~ent~tives, successon ~nd au~gn~, hereby pinBy and aeveralty cove~ant and aqree f
~o ~nd wi~h ti~e said MpRTGAGEf, its svccnsors and ~ugns: 3
1. To pay •11 and ssrgular the principal •nd iMe~est and tFw v~rio~n ~nd sundry svms of mo~eY paYablr by virtue of said prom~siory no~e. ~nd this i
^wn~+pe, each ~nd ~vsry. promPNY on the dayf retpectiv~ly the same s~v~~ally b~corne dw. ~
2. To pay ~II ~nd ~i '
nqvtar the ta:es, aisssun~nn. Iwies. Iia6~tifiK, ob(ipa~ioru ~nd ~ncumb?ances of every nawr~ ~nd kind now on s~id dtscribed
Wope~ty, w thi+ hercifur may be impwtd, suffer~d, ptatsd, levied, or asseued thereo~, or th~t hcre~f~er may be levied a~ssessed upon thi~ Mortp• i
ag~, w tM indebtedneu ~etur~d hatby. ~ach ~nd tvery, wix~ dw ~nd p~y~bl~. ~ccwdirg to law, befae ~hey become delinquem. ~nd befw+ ~ny im~rt~t '
e•teches a•ny pen~lty is i~cvrred; A~iD fN50FAR AS AMY THfRfOF IS OF RKORD ~HF S/1MF SHAIL dE ?ROMPTtY SAii$FIED AND DISCHARGED OF i
of~ORD AND TNE ORIGIn:AI Ofi1C1At DOCUMENT (SUCM AS, fOR INSTANCE. THE TAX RECEIPT OR TNE SATfSFACTION PAPER OffiClAltY ENDORSfO ~
OR GERTIFIED) SN/llt SE PIACED IN ~NE HANDS OF SA10 MORTGAGEE WITHIN TEN DAYS NEX~ AFiER PAYMfNT; and in the event that any tFxreof is nor
~a~d. ur ~4~~ and d~sch~rp~d ss d AAORTGAGEE m~y at •ny time pay rF+~ same w any pa•r ther~of without waiv~ng or alfecriny any optio~. lien. eqvity or
•~~hr under a b~ n.rve o1 th~s morfgaye and rhe fu? ~mo~nt of eath •r+d wcry such paymeM ~hall be immed~ately d.re and payable ~nd shall b~~r inte~est ~
~tie dare theno( umi( pa~d r~te o/ n1n~ per ce~tvm per innum ~nd toyerhe~ wnh ~~h inr~reat sMU be sewred by rhe :len of th s moryu9e.
: ~ baoK 190 1613 .
..x~_ v~ _ _ _ - -