HomeMy WebLinkAbout2693 ~
~08037
5t21 i i h'' A.D. 19~L. betwea?
THIS 1N~ENTURE, M~d~ tM day of
Robert W. Padrick and Mnette F. P e i~lilliaa R. Dannahow~er and
uc a
D4rmahower, hia xifs
of Sti. Lucie Cprnty Florida, h~ninaftK d~sign+tad +s tM "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PiERCE. a corpor~tan wpaniard ~•x~~tinp u~ tM laws o1 ~hc Unii~d Sur~~ af Ame~iu and F?~vinp its principal pl~ce of
busin~u M tM City of Fut Pi~:t~, St. lvc7t Covnty. flaida, Mr~in+hK dttiyn+t~d as ~M "MORTGAGEE:'
WHEREAS tFw MORTGAGOR is j~ritly indtbt~d to tiw AAORTGAGEE in the tum oi = ~ 91~~~~ good end lawful money of the Un:ted
S+arN advanced by tM MORiGAGEE uMO th~ MORTGAGOR, a~ ~v~dsr+ced by • cKtain promiuory no~e ol eve~ date herewi~h, of wh~ch the ioliowinp in
wwdi ~nd (iyur~s is a trw copY. lowit:
~ 19,000.00 3- 16,8b5
Fort Pierc~. Flwida. ~1`Ctl ~ 19~_
Fw v~lve received, 1, we a eit!?N of us. promis~ to paY• w~tha+~ defalcation, to the order of PIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fpt Pri~rc~, flwid~. the sum of 9~0~'~ with interetl from date at the ra~s of _s2aQ°o px annum, in monlhly inslall-
;~e~ta as follows: Z ~ 79'~ on tM ~ th day of J~B 19~1_ ~nd a like svm o~ the cwrespond~ny day of each manth ther~-
a~~er uMii thie wholf b~ fully pa~d.
Each i~ut~llment firsl shall b~ +pplied in p~yment of th~ inte~est and then on the unpaid balance of the prinupal sum. 11 default ia madt 1n tM
+~ayenent of a~y ~nstallment when due, a~d wch deiault tontinuef 30 days, the~ af the option of 1he 1wlder, and w~thout any olher notice. all tFK remaining
~~~srallme~ts shall be due +nd payabte at once. Privi{e~e is ~ive~ to pr~p+y this ~ot~ in whole or in part at any t~~x without penalty. Neither ~f+orabearance,
nor acceptanc~ by th~ Falder thereof after any def~ult in ~ny p~yments hereon, shall be deemed extension. A late payment charge o! =?!9j-__, shall be
edd..k! lo each inatallment remai~itg w?paid 7 dayt ~ff~r its du~ dat~, and ~ like sum sfiail be added to each such in~tallment remaining unpaid 7 dayt ~fter
each fuctecd~~ paymerN date.
Exh make~, aurety and endwser hereof, jointly ~nd uve~ally, w~ives demsnd, p~esentrrwnt protest and no~ice of p?otesf for nonpayment, snd turthe~
agrecs to any extension of time of paymsnt, either befo?e or a(ter matwiry, without ootke to any of us; ar.d to pay all costs of collec~an, includ~n~ ~
~e~sonable aetorney's fee in 1he ~ven1 of eny default htreunder. +nd hereby severally waivts all bm~efit of Fwmestead and exeneption under tFx constitution
a~~d laws of cxh Sute of the Un+ted States, ai ~yainst this obli~+~iae a~ny e:tension w rcnewal hereof. ~
Witness the hand and seal of each ps~ty.
s~/ Robert i+l. Padrick ~~U
' s Annette F. Padrick
~ ~ ~ _ ; 1 1 ` ~ , ~ i s William R. Dannahot~+er ~wu
_ ~ _ s Lucia Dannmhc~w~er ~
; ~ 8.5~ ) Stste R~wnw : ~
NOW, THEREFORE, the MORTGAGOR for tM purpoit of t~cv~inp p~ymeM~oEwid:swn of S t9~~~'~ and the performanc~ of t!»
covenann snd aq~eamcnts he~e+natter ~:pressed, and for div~rs 9ood ~nd v~luable coryidNations. by these presents, does grant, bargain, sell, remiu,
relraie. convey ~nd confxq?. njp hae RTGAGEE. its succaswn snd auiym, aU thaf urtain lot. Piece w parcel of I~nd. situate. lyinp, and being ln the
~~Ry ~ JTi 1,11C1 ~ Stat~ of Fiorid+, d~wib~d a~ iollows:
Lot 11, Block 2, SUNRISE HQ~iESITBS, as per, plat thereof
on file in Plat Book 13, Page 14, of the public records
~ of St. Lucie Caunty, Florida, ?
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RECEIYFD 111 PAYIAE1fi OF TAXES
_ pUE ON CIASS 'C INTANGIBLE ?ER90NAE PROPERiY.
s~i ~ ~F F L L~ ~ 1 UA ~~`~R 20724. ACTS QF 1941.
` c~ ~ DOCUMENTA~~S i AMP TA ROGER POITRAS, Ckrk Grcuit Cou~t
~ _ _ ~ s~ p9 -
~ > ~ nARiS'71 . as Ager.: fft f.~.l:LL M. IUlOWLES. JR
o ' ' ~~14
~ ~ _ 2 a~J St lucie Cou. tf iax Collecto~ J
g N CCMPTRClLEA ~ T _ J
~ P.B.~9o~ao gr c Q,.~~
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~ tog~tiw witl~ sil a~d singvlar the tenarnents, hereditarnents and ~ppwtantes thqeuero bttongirg or in snywise appertaininq therNO, a~d all renn, iuues,
~ Proceeds •nd p.ofin scauiny and to accrw from said premises, all of which ~r~ inctuded m the abov~ a~d fwe9uiny deuription ~nd Mbendum.
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~ TO HAVE AND TOtyOIQ th~ sbow deaa~bed +nd yr~nted Premi~es unto tM ssid lNORTGAGEE, ib successws ~++d assiyns fonwr. Md th~ said
~ II@lr
` MORTG GOR fw - he'us, e:ecuton, ~dministrators snd assiyns, F+ereby coven+nn with the said MORTGAGEE, it~ wccesson ~nd ~ssipra,
~ ~hat -fi'-~-~ are - I+wfully seized of the aid premia~s in fe~ simpl~; that tM sam~ u~ fne, ckar ~nd diacMryed from dl liern and ~ncun?
' brances in law a in puity, and tMt L~y will and their hein shall warrsnt ~nd def~nd t}w titk to 1FK sarrw to /M s~id
~ORTGAGEf, its succeswr: and asagro. fweve~ a~~irot tM ~a.vful claims sod demands of +II perwns;
PROVIDED, AIWAYS tMt if tlK MORTGAGOR shall pay unfo tM MORTGAGEE the promiuory rate hereinbefore describ~d and sh+ll truly, promptly
~ and fully perfwm, d~uharpe, exacvtt, compl~te, comply with snd sbide by txh ~nd every rhe stipulations, preeawnts, conditioro and covs~anb of ~aid
prom~asory nott and of this Morty+ye, tMn t1~is AAorty~e ~nd the Estate hertby ueated shall ccss~ and b~ null and void•
~ IT IS UNDERSTpOD that th~ word "Mortyapor' whether in the sin~ulu a plw~l ~nywhere in fhis Mortg~ye, shall b~ sinpulu if oM only and
shall b~ plur~l joimly ~nd severally if more than one, and thN tM word "thei~" at v~ed a~ywhere in this Mortppe sMll b~ tak~n to rtw~n "his:• •'h+n••
- o. "iti," wherever tM cont~xt w implies a ~dmi». Aiw, tMt wher~vN there is ~ r.fer•nc. in ~A. co~erunn •nd .~.aemenrs he.•~n cw~r.in.d ro a++y oi t
~ rF~e p~rues hers% tl+~ wm~ sha11 b~ construed ro m~an ~s vwll as th~ heirs, fegsl r~pr~sentatives, waesson aod assiyra (~ither voluntary by ~ct of th~
pehies a inrdunt~ry by op~r+~ion of the law) of th~ same and rhat ~he covena~n h.re~n comai~ed •i»tl bind a~d rh. ber+efin and .dvam.y.s inw•
~ to ttw nsp~ctiw heirs, lpil repres~nt~tivN, succeuors and au'~ns of tM put~es ht?~to.
yt .
~ Md said Mwty~yon, fw themstlv~s and tfie'u Min, bpal r~~sent~tiv~s, sucuswn ~nd auipns, hereby joi~tly and aewrally covtnant and pr~e
` ro and wirh fM uid MORTGAGEE, its succeuws and auiyns: '
1. 1o pay all and su uia. the ~nc; 1 a~d Inter~st and fh~ wriow a~d su sum~ of mone • abl~ by virtw of s~id om1 not~, snd this
~ rq pr' pa r?d~Y Y P Y Pr sswY i
r'~ mwtya~e, Nch ~nd ewry. WomPtly on ~Fw d~y~ r~sp~ctivtly tln wrn~ wv~rdly beca~» dw. ;
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2. To pay ~11 Md sinpulx ttw t~xM, astessm~n~s. 1wi~a, ti~bili?i~s, oblipatiom and ~ncumbance~ of wery n+tvre ~+~d kind now on uid dasc~ib~d
p.operty, a Nut Mreafter may b~ impoNd, wffa~d. P~+ud. Iwiad, or ~uesud tl?aeon. a tha~ her~a(r~r may b~ levi~d or uu~~ed upon tha Mwq- ~
~ pe, a the ind~bNdr»» secur~d hereby, t~ch and w~ry, wMn dw Md payabb, aawdinp to Isw, btfw~ ti+~y b~can~ d~linqwnt, and Mio~~ any k?tM~st
arrxMs or n~y p~r?~Ity is iotvntA; AND INSOFAR AS ANY TMEREO~ IS Of RKORO THE SAME SMAII SE VROMPTIY SATISf1ED AND DISCHARGEO OF
~F RKORD ANO TME ORIGINAI OFftCIAI DOCUMENT (SUCN AS, FOR INSTANCE, THE TAX AECEIPT Wt THE SATISFACTION PAPER OfFICIAIIY ENDORSE~
~ UR CERTIFlED) SHAtI SE PIACED IN TNE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER YAYMENT; ~nJ ~n the w~nt that ~ny thtreof b nw
p~~d, sa~ ~fi~d ~nd d~uharped ~a:d MORTGAGEE rruy ~t any time pay ?M i~rrr w~ny part ther~of without w~ivin~ w•ffsctir?q any option, lien. eq~?ity p
- •~ah~ ~nd~r w by vi.~w of thi~ mor~yay~ ~nd the full ~mount of each ~nd •very auch payrrw~t sh~ll b~ imm.ci~a~•1~ dw •nd payabk ~nd ~MII b~ar i~~Kqt
+•om ~h~ d~te ~her~of vntil Faid ~t rar~ of n~ne per untum per uu~um and log~tht? w~+h such inr~rest shall M stcured by the lien of th:s motqtpt.
~ a~~~180 z6S9
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