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HomeMy WebLinkAbout1538 v° ~ ~ 207241 THIS INOENTURE, AAad~ th• 8th da pf April ~ - ~.o. 19~~ ~ bEtw~en John R. I~arineau and I~.argaret P. Farineau, his Wife St . Luc ie of Co~nry Fbrida. INfNMfiN daiyn~ted tM "MORTGAGOR;' ~nd FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, a corpaation oryaniud a~d ~xlstinp vnd~r tM I~ws of tM United Stat~s of Am~~iu ~nd Mvinp in principal pl~c~ of ~ buuMSS In tM City of fwt PiKC~. St. lvci~ County, fbrida, ha~in+hK d~sipn+tsd ~s ~M 'yIOST~GE~ WHEREAS tM MORTGAGOR is jwtly ind~bt~d to th~ 1NORiGAGEE in 1M swn of s d~d , good and lawful money of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as tvidenced by • c~rl+ln promiuory nots of even date herswith, of wh~ch ths iollowinp in =ouls~apd fi9ytet it • trw copY. to-wit: • ~ rj- 959 4~oUU.UV 16i ~ Fwt PiKn. Ftorida. Ap2'il 8 ~p For valw received, 1, w~ w either of us, promix to pay, withovt d~f~lcation, fo tM wder of FIRST iEDERAI ~1 2~ AND IOAN ASSOCIATION Of FORT PIERCE af Fort Piacs, Fbrida, the sum ofr :6~"~~•~ - with inte~re~st from•date ~t the r~te of ' per annum, in monthly instalb men*.s u fotlows: s 77•~ on t1» ~ 7t'h day of ~y 19-i! snd • like sum on tM correspond~n~ day of exh momh there- ~ af~cr vntil ~hs whole be fully paid. Each irutallment fir~t shall be applied in payment of the interesf ~nd then on the unpaid balance of the prinupal sum. If dzfault ii made in fM payment of ~ny inatallment when dus, and such default continues 30 days, then at the option of the holder, and witAout any other nor~ce, all the remaining • ~nstallmeNt ~Mlt be due and payabk at once. Privile~e is yiven ro prepay this nott in whole w in part at a~~/ tims without penalty. Ne~thq~ oreb~arancq ~ nor acc~ptance by the holder thereof sfter ~ny default ie? ~~y paymeMS he*ea+. ~h+ll be dcemcd exttnsiw?. A late payme~t chargs of i 3' jS~ sh~Il be ~ added to each installment remaining unpa~d 7 day~ afMr ib dw dat~, a~d a like sum shall be added to ea:h ~uch installment remaining unpaid 7 d~ys aficr E each sucteediny paymsnt date. E+ch maker, surety and endorser herwf, jai~Hy and uverally, wsives demand, presentment protest and notice of protest fw ra~payment, and further j agrees to sny ~xtension oi time of payme~t, either befwe o? aft~? maw~ity, without notice to any of us; and to pay all costs of colleaion, includ;ny a ` reaso~able sttwney's fee in ths event of sny default hereunda, snd hereby severa~ly waives atl bcnefit oi homestead and exemption u~der the constitution nnd laws of each State of the United States, ss agairul this obl~yation a any eatension o? renewal Fxreof. Witn~ss the hand and seal of each party- . . , , John R. Farineau ~y ' . . ' ~~u s rgare . ar neau ~U ~ ~ •9~ ~ St~ro Revenw _ , ~U NOW, THEREfORE, the MORTGAGOR fw the purpoa~ of secu?irg payment of said sum of i6~ 6~' ~ u~d ths performance of ths cavcnanb and syreements hereinafter expressed, and fa diven ~ood a~d valwbk consideraYans, by these presenrf, does 9rsnt, bar9ain, sell, remix, reiease, conwy and conf~'(m un~y ti?t MORTGAGEE, ib wcussora and ~uipns, all that catain bt, piece or parcel of land, situate, lyinp, snd beir?p in tl» Co~nty of "t. L11Cle and Sut~ of Fbrid+, described as follaws: ^he East 70 feet of the West 150 feet of Lot 20, of Maravilla Gardens Unit I~1, as per plat of saic3 subdiviaion on file in Plat Book 6~ at Page 55, of the public records of St. Lucie ~"o~,uity, ti'lorida, sub3ect, however to all existing public utility easements thereover and to an easement and right of ~+ay for drainage purposes, in, upon and through the West 10 feet of said land, as appears in Deed Book 218, at Page 5~ of the public records of St. Lucie "ounty, Fl.orida, ~ - RfCEl1'ED =~J IN PAYMEJiT OF TAXES S~T~AT E ~ D'JE QN CIASS 'C INTMiGIBIE PERSONAL PROPERTY, ~ ~ ~~'r l_ t3 ~-c 1 U A p~;~';pNT TO CFIAPIER 20724, ~crs oF is~i. ? Z DOCuMF~1T~ STAi'•~P TAX i - . - fOG~R POITRAS. Cle~k Circu~ Coutt ; p _ a~stirii L:_ ~ = as ,OEert fot DANIEI K KNOWIES. 1R ~ r ; ~ ~ _ ~ 9 9 t~= cn r~-~ r~ ?<vF~w,[ ~-"`y~ y _ St lutie CoW~ty Tax COIIeCbOr ` 1y0116 _~~.;_~_,~~..r ~ ~~i/!~h ' BY . - = j ~ DEPUIY CIERK ; : ~ ~ ~ ~ ~ ~ ~ ~ togetMr with all ~nd sinyul~r the tenemenss, he+editamenh snd appurfances tlwrwnto bdongirg or in anywiw ~pperhininp ths?efo, and all re~t~, issws. ~ proc~eds u~d profin uuuiny ~nd to accru~ from said premises. ~II of which u~ included in ths abov~ ~nd fore~oinp description a~d hab~ndwn. TO HAVE ANO ~Q HQW th~ +bov~ desuibed and 9rsnted premaa unto tM said MORTGAGEE, in suaeswn and +uigns forsv~r. Md tiw said ` MORTCaAG~ ro. - heir J~;n, executon, ~dminisrntors and assiyns, hersby covenann with tlw said MORTGAGEE, ia wccessas and ~uipm, ~ they are fhat I~wfully seized of tM said premia~s in fN simple; tMt tlr sarrw u~ fr~, clsar and discharyed from ~1~ f'~em and ~ncwr~ = brances in law a in equity, and tMt tbe3~ will and their h~in shall wa~rant and defend tM titt~ ro the ssme to th~ s~W ~3 MORTGAGEE, itt successo~s and auq~, forever apair?st the lawful claim~ and demands of ell perw~s; PROVIDED, AlWAYS that if the MORTGAGOR ahall p~y unto the MORTGAGEE tM promiuwy note F?er~ir?befwe deitribed and shali truly, promptly - and fully p~sfwm, d~schiry~, exewt~, compl~t~. comply with ~nd abide by each ~e~d wery the stipulatiau. a~reemsnb, conditions and covenanb of said ' promiswry not~ and of Mis Mortyay~, tl~~n thii Mort9pe and tht Est~ts he?~by u~at~d shall cease and be ewfl ~nd wid. ~ - IT IS UNOFRSTOOD tM~ the word "Mwt~pw" whether in tM ~irgulu w plw~l anywher~ ie~ this Mwty~y~, ihal) be s~rgulu if one onFy snd ~ _ shsll b~ plural joimly and severdly if more tF?~~ one, and that tl» wad "their" ~s u~ed anywhert in this Mwtyay~ shdl b~ takt~ to me~n ••his •'FKn w"itt;' wherever the context w implies or admin. Also, tMt wher~w? the~e is ~ referenu in the coven+nn and ayreemenh herein contain~d to any of ~ rh~ p~.ties hereto, tM san+~ ahall b~ wrutrved to rta~n as w~ll as th~ hein. Ipal ffp~tMntafivH, s~cctiaon uid ~ssi~m (~itl~er volvntary by act of th~ panie~ o~ involuntary by op~r~tion of tM law) of the iame and that ths covenams her•in conrained •hali bind and ~l+. benef~n ~nd ~dv~ntpa inw~ ~ ro tM rstp~ctiw he'as. (p~l r~pressntativ~a, svcceuwt and ~u'yro of th~ puti~s Mreto. j ' Md ssid Mortyspors, fw th~mselves and their FKin, hy+l r~p?eu~tatives, wccsssors ~nd aaiyro. Mreby jointly snd wver~lly covenant ~nd ~r~e - ro +nd with t~e ~aid MORTGAGEE, i» succeuors and auqro: ~ 1. To pay all and singul~r tM principal uid intNest uid the wrian ~nd ~undry swro of naneY paY+ble by virtw of uid promiuory note, snd this mort9y~. ~ach and tvery. WomPtly on tM d~ys rtapectiwly th~ sam~ ~twr~lly b~tar~e dw. 2. To pay all and sirgulu tM tax~s, aswssments. I~via, li~bilit~et, obliyations and N+nwnb~nc~s of ~very natur~ and kind i+ow on said de~crib~d ~ - prop~rty. a that h~r~aher may b~ impwed, suffend, p~aced. Iwi~d. or ~ws~sd tha~on, a tMt her~aft~? may b~ levied w ass~ued ~rpon thi~ Matp~ a~e, a tM M+d~bt~drKa s~evr~d hereby, each ~nd wMr, wMn dw ~nd py~bt~. ~awdinp to I~w, b~for~ they becarw delinquenr, and b~fort ~ny intw~at ` a+tacMs w any penslty is incwred; ANO INSOFAR AS ANY TMEREOF IS OF RKORO THE SAME SMAII BE PROAAPTIY SATISFIED AND DISCHARGED OF ~ RECORD ANO THE ORIGINAL OFFICIAI DOCUINENT (St1CN AS, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISfACT10N PAPER OfFICUILY ENOORSEO OR CERTIFIED) SMAII dE PtACE~ IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; and in tFw ev~~t tMt any thereof is rwl paiA, s~t'sfied ~r+d dixM~ged sa:d MORTGAGEE rruy ~t ~ny tim~ pay the sam~ a any part thereof witiwut w~iviny or affectinp any option, lien, ~quity a - •~qht under or by vinw of this morrp~ye and the full ~moum oF each ~nd every tuch p+yment ihall be immediatety dve and payabk and shall bea~ interest _ ~.om the d~te thereof uotil pa~d a~ ra~e of n~ne p~r centum p~r • 0 ~~~~Zthe~ w~rh~y~,jQt~st shall be secvred by the lien of th:s morptaye. _ boo 1 5J _ : - _ _ _ = . . _ C - . . _ _ ~ . _ ~ ~ - _ _ . . -