HomeMy WebLinkAbout0774 z fls ?~3 ~
THIS IN~ENTURE, Mad~ tAe 2Kth day of ~~b A D. 19_?~ , b.+twaen
Tholaas M. BuCh~*+Ori ~nd Donna B~h~~~~ ~
t.~T
of S~• Lucie Cp~~y fbrida, hereinaftN desgnated is tM "MORTGAGOR," and FIRST fEDERAI SAVINGS AND LOAN
/?SSOCIAt10N OF FORT PIERCE, a corpa~tion oro~nized ~nd •xatinp unda t1~ Isws of ~he Un~ted Su?~s of America ~nd having its pri~cipa) plac~ of
bus~n~ss in rh~ City of Fat Pi~.c~e. S~. luc» Cou~tp. Florkl+. tw~~in~ft~? dapna~ed as rFN~ 2~ AQQ
WHERfAS tM N~ORTGAGOR is justly indebted W fht AAORiGAGFE in N?e sum of s~ • , good and lawfvl money of the Un;tcd
S~a~es ~dvanced by tAe MORTGAGEE u~ro ~he 1NORTGAGOR, ~s evidenced by a cerro~n promiuory no~e of even date herew~~h, of vvh~ch ~he lollowinq i~
N w ~nd fyvrst a a trw copy, to-wit: ~ 5~~ 6~ 92 ~
_ ,200.00
Fwt Pierct. Flo?ida. ~~h 2~ 19
f~or valve received, 1, we o? e~thea of vs, pra~yise2t4 pay~wirhout defalcation, to ~he order of FIRST ffDERAI SAVINGS ANO Lt7AN ASSOCIATION OF
~ORT PIERCE ~t Fwt P~erce, Flwida, ~he sum of ; ~ ' w;th interest (rom date at the rar.+ of !2~'
~ o per annum, ~n monthly install-
:~rnfs as foltows: s6t on the ~ t1i day of 1'18~V,___, )q 7i_ and a like sum on the correspaid~ng day oi exh monih the~e-
arTer uroit ihe whole be fully paid.
Each ~nstalimcnt first shel! be applied in p~ymenf of the interest artd then on rhe unpaid ba~aRCe of the princ:pal sum. If defa~lt is made in the
; oyment ot any ~nstaitment when due, and such de(sult continues 30 days, the~ ~t the opt~on of the ho:der, and wirhou? any other notice, all the remai~ing
~seaflments shail be duc and payabie at once. Privileye is gire~ to prepay this ~ote i~ whok w in part at any t~me w~thout prnatty. Ne~tiier (orebcar~r~ce,
nor xceptance by ~he holder thereof afte~ any de(+ult in any payments hereon, shail be deer.~ed exrens~o~. A Iarr payrr.ent charge of ~~3'~S , shalt be
added to eath insraltrr~ent re.~ns».i~g unpa~d 7 days aft~r ib dw date, and a like sum shati be addrd to each such instaltment remain~ng u~paed 7 d~ys after
each sucteeding payment date.
Each make~, surety and endorser he~eof, jointly ard teverally, waives dcmand, pre<entment protest and no~ice of protest for nonpeyme~t, and furflx~
agrees to ~ny exrension oi time of payrrKnt, rither bcfore a after mafurity, without ~ot~ce fo any of us; and to pay all costs of collection, includ:ng a
rrasonabk attwneys fee in rhe eYem of any defauh Fxreunder, ~nd hereby severaliy waives all benefit of homestead a~d exempt:on under the constitution
a~d laws of each State of the United Srates, as against this obtqatan a sny extension a rcnewal hereof,
Witness the ha~d and seaf of eacA party.
s/ Thomas M. Buchanon ~~u
. , s Ibnna Buchanon ~,?u
~ cs~?u
~ ~ • 3~ ~ s,.te aev.nw esE/w
NOYV, THEQEFORE, the MORTGAGOR fw th~ purpose of iecvrirg p~ymeM of wid wm ot = 6~2~•~
, +r+d M?e pcrformarxe of the
covenanri ~nd apreements hereinafter expresud. ~nd fp diveas ~ood and wlwble tonsiderations. by these pre:ents. does granr, bsrfla;n, sell, remise,
~eiease, convey and conf~rm unto th~ MORTGAGEE, its sucoeasus and usiyns, •I~ that certiu? lot, piece a percel of land, situate, lyin9, snd being in the
County of `St'• ~1Ci@ u~d $tat~ of Florida, describad as follows:
t
All of I,ot 2? and the North one-third of I,~t 26, Block ~5, SAN LUCIE PLAZA
SUBDIVISION, as sho~m on the plat thereof recorded in Plat Book S, Page 57,
Public Records of St. Iucie Countq, Florida, ?
~ ~
PURSIJAKT TO CFiAPtER 20724. IIC'TS OF 19i1.
_ ROG~R POITRAS. qulc Circuit Court
y^~'t`~1! i r r- L U I~c i~)~ as ~mt ~or a~~f~ r~. KNOWlES,1
~ z ~v~?J~iFJ1;Tp~~ L,~~:aM~~ i:
r.E
St Luae County Tau Cotler~or
o - rc.c~7i
~ ; _930= ~
C01,':iFG~! E ` ' ~N a~
P.B.144'ad =
~
~
tope~hs~ witfi all ~nd sinput~r the r~nemenq, hereditamentt and appwtance~ thereunto belwyirg or in inyvr'rse ~ppsrtaininp there% ~nd ~I) rents, issu~a,
proc~ds and p~o(~» ~caviny ~~d to ~ccrut from s~id pr~misa, all of whicfi ue inclwled in tM abow and fareyan~ desc~iption and hab~ndum.
TO HAVE AND Lp ~ the ~bov~ describ~d and y~anted prem;aes uMO th~ s~id MpRTGAGEE, iq succeswrs snd asipro forevN. Md tM wid
NtORT AGOR fa Lt16 ~~n, eaecvton, ~dministr~ton ~nd ~uiym, hereby cove~ants with ~M uid MORTGAGEE, its wccessws and ~uipro, '
,h„ ~he are bwfu~~ k~:~d ~h. ..id ~ :
Y premises in fe~ simple: tMt tF~ wm~ u~ frN, ctear ~nd discha?yad irom all liens and encunr '
1
or~nces in I~w a in equity, ~nd that ~ will ~nd their ~;n shafl warr~nt ~nd deE~nd fF» tiNe b t!K ~ame to tht s~id i
MpRTGAGEE, irs successo.s ~nd ~ssgns, fwewr p~iru~ ?M lawfvl c(aims ~nd dem~nds of ~11 pNip.q; F
PROVIDED, ALWAY9 tMt ii the MORTGAGOR sh~ll pay unto the MORTGAGEE tM promissory noft hertinbefo?~ d~scribed ~nd tMll truly, promptly `
and fully p~riorm, d~scM.9t, e~~cua. comp{Ht. cwnply wifh ~nd ~bide by ~~ch s~d ~r~ry tf~t ~tipul~tioM. ~yree.nenrs, condirio~s ~nd corer+ann o( s~id
p*on~.sswy note and ol tha Mwtpap~, tMn this Mwt9ay~ ~nd tFw Estate h~rtby ueated ahall u~s~ ~nd b~ null ~nd vo~d. ~
IT IS Uf~ERSI00p th~t the wwd "Mwtp~pw" wh~thtr in fF~ s~npula~ or plwd anywher~ In thi~ Mwtya9e, sMtl be sinyular if on~ only and t
snali be plur~l joi~ly ~nd wveralty if mw~ than on~, and that th~ wad "their" ai used anywMr~ in this Mortq~ ~h~ll bt t~ken to mt~n '"hi~:• •,h~n•• ~
w"its," wher~ver the conte,ct w implie~ a admin. Abo, fhat w1»r~wr tb~r~ is • r•fn•nc. in ~he coveaan~• and ayr.em.nn her~in com•ined ~o •~y of
rh~ paNiss hereto, the wm fMll b~ wnst.ued to rrK~n N w~ll as tM h~i~~. Ipal r~eHnr~tivti, succeison ~nd ~uiy~s (~ithN volunt~ry by ~n of tM
parr»s a inwlum~ry by op~r~r~on of the I~w) of the ~ame and ~hit iM covenants Iw~in contairwd sh~ll bind and tfie benefih ~nd adventpp Hwr~
~o ihe reap~ctive he"a~, bD+~ rsprekmNives. K+ccessors ~nd ~u~yer oi ri» putie~ hsr~to.
Md s~id Mwfy~qor~, fa th~ms~IvN ~nd rF~ir hein. t~psl rprNenrativM, wcceuon a~d ~aiqrn. ?,~r~by join~ly and ~ev~rally cov~n~M ~nd ~qrN
to a.~d wi+h tFn wid M10KIGAGfE, i» successws ~nd ~sa;pro:
1. To psY •II ~nd sinp~lu ti~ princip~l uid fnqre~t and th~ wriws Md sundry swns of nwntY paYabl+ by virtw of taid p~omiswry nwt. ~nd Nds
nwrlpp~, wch ~nd tvs~y. D~~P~~Y on tM d~Y~ rtspKlivtly th~ s~~M Mvtr~llr b~torrM dvt.
2. To p~y dt snd anpvlw tM tucN. ~a~nn. Iwi~s. IiabilNies. obli~atior» ~~d ~ncwnb~ncN of ~v~ry n~~w~ ~nd kind rww on asid dewfb~d
P~aDa?Y, a M~at hen~f»~ m~Y b~ impoNd, wff~?~d. P~+uA, fwid. a~w~swd ~Mr~, w tlat her~~fi~r m~y b~ t~vi~d o~ ~ueswd ~pon fh~s AAwp-
aq~. a tM fr~bt~Oness s~cw~ hM~by, s~ ~nd ~v~ty, wh~n dw ~nd p~y~bl~. ~ccordinp to bw, b~iw~ th~y b~corn~ d~linpueM, ~nd b~fw~ ~ny tntKN~ ~
~++~ches a~ny psn~l?y is incurred; ANO INSOfAR AS ANY THEREOi IS Of RECORO THE SAME SHAII SE PROMVTIY SAi1SF1ED ANO pISCHARGED Oi
RECORO ANO iNE OR~GtNAt piflCtAl DOCUMfNi (SUCH /15, FpR 1NS)ANCE, TME 1AX RECEliT OR TNE SA11SiACiION PMER OFfIC1AltY ENpORSEO t
UR CERi1F1ED) SN~?Ll 6E PIACED IN TME HANpS pi SAID MORTGAGEE WIIHIM TEN ~AYS NEXi AiiER PAYNIENT; ~nd In ~ht ~wM ~h~t ~oy th~~pf not
W~, s~~ ~f»d •nd d~xh~rp~d sa.d MORTGAGEE m~y ~t ~ny um~ o,~ ~u~ a~ny p~rt tl,~~w/ wi~hout w~~v~nq oi •ffs<+inq •nY opiion. lim, ~qvity w
•qhf vnd~r w by v,nus o! rh+s rnp~ty~yt ~nd tM fvll ~nq~nt o~ ~~ch ~nd ~very ~„ch p•ym.n~ ~h~ll b~ ~mm~d~~tely dsr~ •nd p•y•bM ~nd tfi~ll b~~r int~r~~?
i~om Nx d~te ther~p} vntil p~~d ~t ni~ pl mn~ p~r untum p~r ~~~um ~nd foQe~Fw. w~th ~uSi ^ qr~s~ ~h~ll be ~rcu.ed b~ tM le~n of ~h ~ mo~yt~.
BUOK 191 .7'_73