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,
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- 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
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; ~ ~ _ ~ 9 9 t~=
cn r~-~ r~ ?<vF~w,[ ~-"`y~ y _ St lutie CoW~ty Tax COIIeCbOr
` 1y0116 _~~.;_~_,~~..r ~ ~~i/!~h
' BY . - = j
~ DEPUIY CIERK ;
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~ 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.
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