HomeMy WebLinkAbout0950 F ~ps857
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THIS INDENTURE M+d~ the 29th day of ~~h A.D. 19?~ , b.tNeen
John F. Trnm~end and Cueen S. Townsend. his vifa
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of t• i@ Covnfy florida, l+er~inaftea des+9~ated as the "MORTGAGOR;' ~~d fIRST FEUfRAI SAVlNGS ANO IOAN
A_~SOCIATFON OF fORT PIERCE, • co.por~r;on or~anized and ~x~itinp tF~ laws of tM Un~tad Suf~s of AmKic~ and Mvina ib pri~cipal pl~c~ oi
busMess in tlr City of Fort Pia+cs. St. luc» Cou~~r. fbrida, heninaha datpnated ~s rM2 QIIOQiG1?G~'
WMFREAS tM MORTGAG~'~t ia j~otly indebted to ths N10RTGAGEE in the sum of = j~~~' 9ood and lawful money o~ thc Un:ted
STates ~dvanced by the MJRTGAGEE u~to the INORTGAGOR, ~s tvidsnced by • cc?tai~ prom~uo~y note of even date herewith, of wh~ch the ioilowin9 in
i 2dt a0~:pu~ is a tru~ copy, to-wit: , ~ 16,93t
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Fort Pierc~. Florida, H8I'C~1 29 ~q
fp v~lut ?eceived, 1, we a either of us, p?wnise to y, withovt defalcation, to the orde~ of FIRST FEOERAI SpAVINGS AND It~AN ASSOCIATI~N OF
F~RT PIERCE at fort P~~ ce, Fbrida, t1+e s~m of ~~3~~•~ y,,~~ w;ih ~nrerest from date a1 the rate of ~?•2 o per annum, in monthly install-
~-+e~n as fo~!ows• S~!-~~ on the ~ th d~y of `~O`~ 19 and a liice sum o~ the correspond~ng day of each nw.vh there-
a~rer until the wlwle be f~ily paid.
Each ~nsuiim~nt first shalt be app!~ad i~ payment of the interest and the~ on the unpa~d ba~ance of the pi~~c pal sum. If de(ault is made in the
;a,mcm of any ~rufa~tme~t when d~e, and wch defauN conr~n„es 38 dsys, then st the op~io~ of the ho:de~, and wifhou~ any other nof:ce, atl the rcmaining
-,s~sltmenn shall tx d+ie ar.d payabie at once. PrivileQe is fliven to prepay this oote in whale o~ in pa:t at sny t~me w~thout penalry. Ne+t~irrot^rebca~ance,
~or uceptance by the holder the?eof •irer any default in ~ny paymenli F~eon, shati be dccMed exre~sim. A late payment charge oi f y~W sha~l be
rd~ed to each inseaitmrnt rema~nirg unps~d 7 days afta ib dw date, ~nd a I~ke sum shall be added ro enth wch installmerst remaming unpaid 7 d~ys after
eath f~CCledir~ paYment dtte.
Esch maker. :urety ar+d endwu~ hereof, pintly and seve~~lly, waives demand, p~csenerr~nt p~otest and nor:ce of p~otest for nonp~y:nent, and funhe?
a~~ees to any sxtcns~on af nme of payme~+, eithe+ before w afte~ matur7ty, without ootKe to any ol us; and to pay a~l costs of co:iecrio~, indud[ny a
easa~abie attwne~ s fee in ehe event of sny defavlt hereunder, and hereby severaily wa~ves a11 benet~t of homeatead and exemption under tix constitution
>~d !aws of cac1+ State of the United St~te:, as against this obligation a any cxteasion d renewal hercof.
W~tness the hand and aeal of each pa?tv.
s/ John F. Tarnsend ~~u
s Queen S. Tosmsend ~~Ai~
cs~~u
$3t~ • 50 ~ s,a~ R~,w. ~
' 23 000.00
NONi, THEREFOitE, the MORTGAGOR 4w the purpose of ~ecvriny p~yment of sa:d sum of S ~ and the performance of ths
ccven~nri snd yreemcnrs h~veinafte~ expressed, and fw diven pood u~d v~lusbk tonsider~t~ons, by these presenri, does gr~nt, bar9ain, sell, rem~se, .
•e~cast. tonvey u~d conf~rm u~to the MORTGACfE, its succesfon and sssiqns, •U that ce+tain bt, pieca w pucel of la~d, sitvate, lyiry, and beinp in ths `
Cour:tp of Jt . Iue ie , and St~te of Flw~da, desvib~d follows:
Lots 21 and 22, Block 29, SUNLAND GARDENS SUBDIVISZON, as per
plat thereof recorded in Plat Book 8, Page 32, Public Records
of St . I.uc ie Caunty, Florida, -
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~ ~operlrr w;N~ dl and sirpul~. rhe t~r~e+.+snts, herd'Aamenn ud ~ppwt~nces tMrwnro belwginp w in ~nywise ~pp~rt~ininp thNero, ~nd ~I) rems. luwa, ~
~ e•ocwds r~ pofns acuu'a+q ~nd ~o accrw from s~id pernises. •11 of whid~ ~re included in th~ abov~ and forpoirp deuiiption and Mbendum. E
~ TO H~?VE M1O jQ }~OLD N~e ~bore dew~d ~nd 4?~^ted ws*^ises unto t1+e ~aid MORTGAGEE, it~ successo.s and asspr?s fwsvs.. Md th~ s~W (
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N~ORTGA~'sOR fa - hein, ~~ecv~on. +dn+~n~afr~tp~ Md •aiqm, Fweby co+r~nann with the a~id MORTGAGEE, in ~~cc~tsors and ~ssipns,
~ T.hey 8.T@ Iawful4y se;zed of the s+~d p~s*n~se~ ~n i~e simple: that tM s~me us irK, ctea and discFury~d i~an ~11 li~ns a~d ~ncurM
e M Nw p~~n~, they wi11 ~ their he;rs s?wU wan~nt ~nd d~tend th~ utb to tM ~anw ro tF» w~d
fi MORiGAGff, r» ~ucusw~s and a~a.pro, farve. pa~n~ rhe bwfuf claima ~nd d~msnda o~ ~II pcrwro:
" PROVIDED. AlwA115 rhrt i( ~Fs MORIGAGOR ~h+ll p~y vmo the MORTGAGEE ths pomHSwy rwr~ her~~nbeiw~ dncrib~d and thall truly. prampt~Y
•.~d fu~~~ pe.fo.m. ~~.ye, sascure, cwrw?e~e, canply w~rh •~d .b~de by sach a~d .~..y ~M ulpvla+~o.u. pre~ments, cw+di~arn ~~d covsn~nn o~ a~d
;xorr:~ssa.r .a~e ~nd of this Nbrt9pe, then ti~b Monypt snd the Ese~t~ he~eby vsated shdl ceaK ud be rwll •nd void.
IT !5 UNDER5100p th~t rFr word "AAwtQapor' wlrthe? in ttr ~inpulw w plw~l ~nywher~ in this Matppt, sF+all b~ sirqular ff on~ only ~nd
r
a~.al~ be p+~r~l ~oimfy ~nd ssver~lfy if mor~ tiwi oM, u+E rha~ the wad "~he~~ t/{!d MyWMf~ M/F~~{ MOft~pf {FNII bf ~~IIM 10 rtNM "h;~:' "Iwn;'
e= w'"~ts." where+er rhs come,et w rnplees w~dmm. Aho. tl+~t wMrsva tFllt~ H• tffNlnt~ in the coren~nb u+d preemenh h~rein conuin~d ~o ~ny o1
s~ rhe prt.as hae+o, tht sant sh~{I t~e t,onst.wd to ~ne~n ~s well M tM hein. Ipal r~prss~nqtives, sucussors ~nd •~~iy~a (~itMr volunury by ~ct of tM
~ w~,as a. a„v1„rn~rY br opt.~ran o4 rM I~w) ol ti~e a~rne and tM+ the cor+nan~s hsr~ie+ cont~~n~d shall b~nd ~nd the b.r~f~ia ~d ~dv~nt~y~s k?w~
~ ro the resp~ct~re heua. ~I rep„sm~tlr~s, wccessor~ ~nd ns~pna o4 tM panes hNeto.
And wiE Mwqpo~f, io~ tM.rKetwa rd rhw hr'v~. Ip~l r~prtwm~tir~s, wuesaon Md ~uiprn. Mr~by pintly ~nd Nv~rslly coven~nf ~nd prN
.~nd wnh the sa+d MORTGAGfE, ns ~vu~s~wa ~rd uupm:
~ 1. to w~ ~11 ad ~wpubr ths p~ne:p~1 ~.~0 N:iMNt ad th~ v~~aw ~nd s~ndry ~wna of mon~y p~y~bb by virtw ol wid prom~uay rew~. u~d thb
~ R,o.~ppc. Nch ~nd Mry, P~p~l~ an rh~ ~ys rMp~a~rdy th~ sa.w s~werstly b~car» dw. ~
2- To phr ~ll ~ wpvl~r the t~:as. ~awssna~ri, I~ri~s, li~bititi~s, oblq~tion~ ~nd entwnb~ntN of er~ry na~ur~ ~nd klnd ~ow on ~~id d~~aib~d t
wopN+Y, or th~e M.s~ m~y b~ impw~d, wf1~.~C. D~ae~d. Iw~, a~w+ss~ tha~on, a th~1 h~re~hN m~y b~ Iwi~d a nahsed vpon thp Mortp~
:x .p+, o. tht ind~b~dnas wcvr~0 ha~br. ~~ch r~0 wMy, wF~ dw ~nd p~y~bb, a,cwduq to bw, b~1a~ ~h~y becor+N d~li~qwnt, ~od i»lor~ ~ny IMK~N
.~,~c+~es o, ~ny pen.Nr a.~c~,.red; At~{p INSO~A1t AS AN~ 1NERE0~ IS OF R6CORD iME SAJNE SHAtI SE VROMP1lY 5I1TISi1E0 AND DISCNARGED OF
~ YE_CiRD At~p ??1E ORIGlf~Al OfiK~At DOCUMENT (3~KN AS, fOR INSTANCE, THE TAX RECfIVi OR fHE SAi15iAC110N ~A?[R Oii1ClAtlY ENOOQSED
~ LfRi1f1E01 SM/~ll ~E PLI~CED ~N iME HANDS Of S/llp NIS~RTGAGfE WIiHIN TfN OAYS NEXT AfIER~VAYMENf; ~nd in th~ •wnt ~iur ~ny tM~rol A not
i.~d. ~H sf,~Q ~rnJ d~sc?~ u.E MURi4AGfE ~~e t~mt ~h~ ~~n+e a•n r? tMr~o~ w~~hovt w~~r~. o~ •Il~~t~ •n hon. li~n, ~~I Or
y~ Y Y WY Y W W ^q y~ p y
•.~+r u..dt+ a b/ v~n;~s ol tnn Rw•~yp~ ~.d r?K I~U ~.•.~n~ vf •~th ~.~d ~v~ry t~ch p~ynNn1 ~h~ll t~ ~.r,rrHd~~~efy dw •.~d i,•y•b1• •nd ~i~~ll b~~r in~N~~~
r.: +he d~t~ ri,N~d v~~if p~~E N.~u v~ n,ne ~.e. c~mvm ~~~~Mr w:rh ~tiatl s~wr~d by th~ 1~ ol ~h ~ mo~ytp~.
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