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HomeMy WebLinkAbout0770 _ . . _ - - ` _ 206751 ~ THlS ltVDENIURE AAadt N+w ~5th day pf M~Y~ A.D. 19~_~ b~twee~ t~est Side !3<iptist ChuYCh of FoYt Pierce~ a non-profit coY~or~tion und~- the lawg of the State of F~~rid~, _ uf _ St . L.L1C1Q CWnfy Fiorida, FIlIliMltN desgna~ed as the "MORTGAGOR," and FIRSi FEDERAI SAVINGS ANp IvAN ASSOCIATIpN OF FORT PIERtE, a corporat~on apa~i:ed and exiitin9 w~der the laws of tht U~~ted S~at~~ of Ame?ica and Fuving iq pr~ncipal pfats of busu~eu in tM Ciry of Fwt Pit.t~, St. tuci~ County, Flo?ida, hcreinafte~ de~ipMted ~s tM "MORTGAGEE:' WHEREAS tht MORTGAGOR is justly i~debted to ths MORiGAGEE ie ths sum of = 3+ 5~ • ~O geod ar.d lawful money o1 the Un~ted S?ar~ advanced by ths MJRiGAGEE unto the MORTGAGOR, ~t evidenced by a certam promiiswy no~e af even date he~e.rrth: of .st,,ch tbe followi~ in ..ords and iyur~s is s trw copY. towit: : 3, 500, (1 t~ .~-1--5 -918 Fort Pierce. Flaida, r~:Z C h 2 S~ 19~_ for val„e rKe;ved. 1, n~e w either o~ us, promise to pay, wi~hout defalcat;on, to ihe order of FIRST FEDERAL SAVINvS AND IOAN ASSOLIA~tON OF fJRT PIERCf at Fpt Pierce, Florid~, the sum of s 3*S~~. ~0 W;th interest f~om date at the rate of ~_a~ rJo per annum, in nwnrhly insral~- •-enrs aa fol!o..s: ~ 7S • on the j s t h day of F~~~ 1~ 19? Z._ and a like sum oa the corre:pund:nfl day of each mon~h ~hero- a'!er uMrl the .~hpii be tuity pa~d. Esch ~nste!lment first sha!I be app~ird in payment of the intcrest a~d then o~ the unpa~d ba!ance of the pr~nc pal sum. 11 default is made in the .a,ment of any ~ns~al!ment whrn di,e, ar+d such defauh conrinues 3p days, then af the opt~on oi the hader, and ~v~ehour any otfier norice, all the remain~»g ~sraliments shail be d;x and payable at once. V~ivileQe is piven to prepay this note in whole w in pan at any thne withcut penalty. Neither forebearonce, rar acceptince by the holde~ thereof afte~ any default in any paymems hereon, shall be deemed cxtensio~. A late payment charge of S 3iT~__, shall be ~dded to each insia~imrm remainirg unpa;d 7 days ~fte~ iri due date, and a IiAe sum shatl be a~drd to each such instai~ment remaini;~g unpa~d 7 days ~fter each sutcteding payment date. - Each maker, surery and endorxr hereuf, jointly and severally, waives demand, presentment protest and ~oe~ce af p:otett (or nonpayment, a~d further agrees to any extcns~on oi f~me of paymem, eifhc~ before w sficr maturity, without nat~ce to any of us; and ro pay aIl costs o~ co~lydion, indud~ng a ~easonabie attornry's fec ~n the evem of any default htreunder, and hereby severa!!y wa+ves ail benefit of homeatead and exemption under thr co~+stitution a,d laws of cach Srate o~ the Un~ted Statcs, as sga~nst this obl~gation p any extens~o~+ or renewal hrreof. w~t~ess t?+e t~a~d a~d sea~ of each psrty. W~T SIDB Br1PTIST CNURCH t1F FORT PIERCS ~y S/ William P. Ke11eY, ~E~i~ President ~,U Corpozate seal affixeci Attest S/ Vorcaa K. Laseter, ~A~~ Secretarl? ~ 5 . 2 5 . (sewt) c ~ ~ sr~~ ee~,,,. is+«~ eawa.Me~~cw ~o.:~wh~o~a~ NOW, THEREFORE, the MORTGAC,OR fo? th~ purpose of secvi 3 500 00 t},s ~,fa,*,efLe of tM w+g payn+ee?t of said sum af 2 ~ • covc-n~nn a~d sgreemenrs herei~?after expressed, ar+d fw diven ~ood ~nd wlwbl~ ca+siderationa, by these presents, does grant, ba~yain, sell, remise, -e:rase, convey and co~f+rm unto tAe MORTGAGEE, its wcussors and ~uiyns, al! that ce.tain lot, piece w parcel of iand, tituate, lying, and beirq in the ~~~ty ~ St .(.11C lE', and Statt of fbrida, desv~bed as fofiows: ;.ots 8, 9 and 10 and the :~'est 8 feet of vacated alley adjacent on the East, BLock _ 3, :vEST Eti'D ~iDDZTI4~', as per plat thereof on f i le in Plat Book 2, page S, Publ ic Records of St. Lucie County, Florida, ~ ~ ov pUE pN ~ - S ~1 t C . _ . . - RocF~ ~ R~via~ ~s°~ ~ ~ ~ Z DOCu~r,Er:T,;~ !J ~ L?A p01T A~.`?s pf ~E~f11', ~ _ ` - = . ~ , ~ : ~ ; F 7 h ~ ~ ~"t fn~ DMIEt ~wt ~ '~~!'s2~ s: ~ N U ~ ~ 1 1 Z i t CIC I`,~..~~ t~ f~ - ...~~~q ~If Ni~ ~QO~;s=,~~~-~ _ S 2 5~ ~ ~ !ogetF?er with aIl arsd singular tFK ten~rrwnts, heredit~menb ~ed ~ppurtances thereunto belonyinp a i~ snywise appertaininy thereta, ~nd dl rent~, iuut~. p+oc~eds and profin xvu~ng and to ~cvue fran said premises. ~I! of whid~ u~ includ~d in the ~bove and fwpoinp dewiption and habendum. TO MAVE AND TO HOLD the abow described and yrsnted premiset urtro ths said MpRiGAGEE, iq suctessors ~nd aisipns fwewr. Md tF» s~id ~KORiGAGOtt fqr _ 1 t 5 ~~n exetuton, administ?~tas and ~saiQns, hereby torsnann wit6 th~ said MORTG/1GEE, its succeswrs and suipm, rhar ~ C 1 S---- lawfvll se~zed of the said Y prem~a~s in fe~ simpl~; th~t the i~mt ue frst, clear ~nd diacharyed from •II IieHU ~nd ~ncvrtr br~ncp in l~w a in cquity, and rhaf lt ~ will ~nd 1 t 5 hei.s shall warram ~nd defsnd tF~e riN~ to the Nrr~ to tM s~id MORTGAGEE, iK fuccesw~s and aupns, fortwr ayairsat 1h~ tawful da~ms and dem~nds of ~fl peraau; PROVlDED, AIWAYS tfiat if tFr MORTGAGOR shall p~y unto tl+~ MORTGAGEE tF+~ promiswry no~~ herei~beiwe dewibed u+d sh~fl frvly, promplly and fuf7~ perfe.m, d/scha.ye, ei~cvtt, compku, cornply with snd ab~de by tach and every ~he stipulstions. ~presmenta, conditio~s and covenanh of said prpm~siOry ooq ~nd of this Monyape, then thq Mwtya~e ard th~ Es~ate hersby u~~ted ~hall u+se +nd b~ nult and void. IT IS UN~ERSTOOD that the wud "Mwtypw" whether in the sinpular w plural ~nywhen in this Mortysy~, ihall b~ tinput~r if w+~ only s~?d •hall be plur~l jointly a~d st,rerdl~ if mor~ than on~, and that ~M word "~he7r" as vsed ~nywhere in thK Mw~yay~ sMl! be t~ken to me~~ "his:• ••F»n;' w°iTS," wherev~r ihe come~ct so implie~ w ~dmits. Also, tMt whereve~ the~e is a?~fe+enc~ in the covenants ~++d agre~ment~ her~;n cont~;n~d to any of ehe p~rties hereto, ftr same tt~ll bt corot~ved te m~~n q wefl as tht heir~, ky~f npr~senarives, s~.cc~s:w~ ~nd ~uipro (eirhei roluni~ry by ~ct of th~ pani~s or involunt~ry by oper+tion of the Iaw) o~ rhe aame ~nd th~r the coven~nrs Fxrsin contained aMll bind and tM b~nef~h and adr~ntaQ~s inur~ +o fhe rs~pective he"vs. Ip~l represent~t~ves, wueuort and ya~yn~ of tM p~rtiN he?eto. Md said Monqpws. fa thsmastves and th~ir Frin. l~y~( r~esent~tivp, successw~ ~nd ~uiym. her~by jointly ~nd i~Yffilly cov~n~nf ar?d pre~ +o sr+d wirh thr W;d MpRTGAGEf, its successon ~nd ~saipns: 1- To paY ~8 w~d si~yular fF+s principd ~nd imerq~ and tFr wr~ow ~nd sundry wms of mon~y p~y~bls by yirtw of s~id promiswry noa. ~nd this mo?tp+yt. ~at1? ~nd ewrY. P?~P~~Y on tht d~y~ r~spKtivtly tM s~nN tev~r~lly becane dw. 2. to phr dl and sinpv~a the ta~c~s, qstasmen». Iwi~s, liabififiea, oblipafions and ~ncwntxancss of ev~ry n~ru~t ~nd kind now on said dNCrib~d NOpMtY. O~ lhif hefflffM rtyy ~ iN11pp~~. ~(N~, pIKld. (~v1f~. pf ~f~lfild f~rpfl. pI t~t ~1N~~ffN m~y b~ IlvN(~ OI ~iMfNd Vppfl t~llt MOft¢ p~, or tM ir~bqdrws~ secvr~d l+ereby. ead? ~rd w~y, wfi~n du~ u~d pay~ble, +uad~np to I~w, belor~ tFKy becan~ delirpuent, and b~fa~ ~~y MterNt +nsc~xs o~ ~ny pen~lty is ~ncurreQ; AND I(YSOFAR AS ANY THERfOF 1S OF RfCORD THE SAMf SMAI~ 6E VRO/MpiLY $A115fIED AND DI$~HARGEO OF RECORp AND TMf ORIGIt~;AI OFfICIAI DOCUMENT (SUCN /15, FpR INSTANCE, TME TAX RECEIVT QR iME SATISFACTION PAPER O~FtCIAILY ENppRSED CiR CERiIFtED) SMAII !E PUCE~ IN TME HANDS Of SA~D MORTGAGEE WIIHIN TEfY DAYS HEX~ AFTER PAYMENT; and in ~h~ ~vent tA~t ~ny fly~wf i~ nof ;,a~d, s~+ sf;eE snA ~~scharped sa:d MpRTGAGEE may ~f •ny ~une p~y iM s~me w•nr par~ f?u~eof w~~hout w~~v~nq o~ •ffecr~rp ~ny eplion, lien, puity or •~qhr ~~der « by rinw of this mo~~y~ye ~nd the /ull amovm o~ euh a~ fVNy iuch paymsm ~Mfl be ~mmed~~rely due ~nd p~y~ble •nd sh~ll b~u inte~~~t ~.om the d~tt ther~! Mtil p~~Q ~r ~~?e o~ ~~ne per cenrvm p~r ~nrtum and toyerijer w,rl~ ~iL m~r~s~ ~h~~~red by the lien ot th'~ mpr~ts~. l~ 97~JF 1 1