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HomeMy WebLinkAbout1546 207245 THIS INOENIURE, Mad~ tl'u Sth d~y of ~=ii . A.D. 19~~. betwNn Salli• M. Adus, a sin91• adult of St• LYC • ' ~~~M f~~, ~~uyhN d~ap~at~d q fM "MORTGAGOR:' ~nd f~RST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • corpa~tion Of~MiZfd ~nd fxi~litf~ 1MdN tM taws of tM U~ited Sut~s of /1m~~iu +nd havinp it~ principal plac~ of buunas in tM City of Fo?t PiKU, St. lvci~ County, Florfd+, I~~fte~ d~spnat~d as tM "MORTGAGEE:' WHEREAS 1M MORTGAGOR is juslly ind~bt~d b tM MORTGAGEE in th~ sum of = 8~7SO~ ~ ~ood and lawful mo~xy of the Un~1ed Stat~s adv~nced by ths MORTGAGEE unto tM MORTGAGOR, ~i ~vidMC~d by ~ cwtain prwn;uwy ~o?~ of ~ven d~t~ herewith, of wh~ch ths tollowinp in wwds u~d fyur~~ is ~ trw copY, to-wil: ~ 8.~50.00 ~3•16~950 _ ~ P,..~.. Fb,w,. April S ~93L_ ~ Fw valw received, 1, w~ or eitMr of ~s, prom~s~ ro pay, withoyt d~f~lc~tlay to t!?~ order of fIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF t+ FORT PIERCE a1 fpt Pierce, Fbrida, th~ ium of = 8 i~ ~ with interest from datt ~t ths rat~ of a~s96 per annum, in monthly install- ~ ments u foltowt: i 75~~ on the i~b d~y of -~V 19_~_ and a like sum on the caresporxlir~ day of each month ther~- •iter until the whol~ be fully paid. ~ Exh installment (irst thall be ~ppliad in paymsnl of tM Inte~ast and ?ha~? on th~ unpaid balsnte of the principal tum. If delault is mads in tM `ti payment of any installme~t when dw, a~d wch def~utt tontinws 30 day~, then ~t ths optiw~ of the holder, and without any o~her ratice, all the remaining ' ~ruullmMb shall be du~ and piy~bM at axe. Privi{~ye b pive~ b pr~pay this note i~ whob w in psrt ~t any tima without penalty. Ncither fweb~aranc~, ~j ~w acc~ptance by tM holdsr N+eawf aher ~ny d~favlt/'in anY p~ym~nb Mrwn. sh~ll b~ deemed exfension. A!ate p+yment dyrg~ o~ = 3~ 7S shall b~ added ro e+ch i~atallrn~nt rertuininp unp~id 7 d~ys af~~r iri dw dat~, ~nd a like tum shall Ix added to exh such installment r~ininy unpaid 7 days afM ri each wcc~edi~p p+yment date. V E~cA maka, surety and endwser hs~wf, joiMty snd sever~lly, waivts dsn. and, prese~tmrnt protest a~d rw~ice of protest for nonpayment, and furtha ~ agrees to ~ny extension of t~me of paymenl, either bsfore w aftN maturity, withoul notice to any of us; and to pay all costs of collection, i~clud~ny • reasonable attaney's fee in the even~ of s~y de(ault hereunde~, •nd Farsby severally w~ivea all beneiit of homestead and exemptio~ unde~ fhe constitution and lawt oi eath State of the Uniled States, ~s a9~inst this obliy~tion or ~ny ~xlt~sion w renew+t hereof. ~ Wit~ess the hand and ~eal of each party. ~ /s/ Sallio M. A~daa~, a si~glo ~~y ~ . , 4 , s,. . ; , adul! cs~?u \ • : ~ ~ . . (SE/?u . ~ (SEAL) ~ S13.Z0 ~ Stat~ Reverwt ~ / ~ NOW, THEREFORE, tM MORTCaAGOR for th~ pwpos~ of aacwinp paym~nt of s~W sum of = 8 s7SO•~ and tl+~ pe~formsnc~ of th~ covenanb and ayraements her~inafts? eapressed, ~nd for divers ~ood a+d v~lwbb cauider~tions, by thes~ preunn, does qrant, baryain, sell, remise, reieau, conwy and confirm vnto ths MORTGAGEE, its suaeuws and ~ui9na, ~11 that urtain l04 piep a pa?cel of land, situat~, lykg, ~nd be+np in ths County of St. ~liCi~ a~d Stat~ of Florid~, describad ~s fo~loMrs: Lot 20~ Block B, RRMBACH SUBDIVISI~N~ as p~z plat th~zao~f s~cozdod in Plat Book 7, pa~ 36, public zQCOSds oi St. Luci~ County, Rlosida~ f F ~ ~ . S~ ~ ~ ~ ~ , w ~w~err o~ ~s F . t~+ra+~t r~ i ~HY: ~A ~f17w ~ Of 1l1~ L vw~i 4 u~ S'f'A i~ t- ~ L O E-i i C) Ooort ; c~ ~ DCC~;~+1rNTA~"_ STh?1P TAX ~ I~Mt bl DANIEL Il ; =~PRir7i I 3 2 0= ~ t~ c°~'~' t,~ C~clor S 1-- (~j = t~ - i. 4 v~ <<:• r[:•r.:~=. ~f ~ - r~ ~ ~!~.1541'6 ~ ~ E ~ ~ ~ t ~ . ~ ~ ~ rogetFw with all a~d singular the tenem~nn. Mreditam~nts and ~ppurt~nces tMrwnto belorgirg a in anywiw app~rtaininy therelo. ~nd dl rents, is~ws, ~ ~ proce~ds and profirs xcruirg and to xcrue from said p~emis~s, all of whid~ an inciud~d in tM abov~ and fw~yoi+g dewtptan and habsndwn. ~ TO HAVE AND 10 HOLO th~ abow desa~bsd ~nd y~anted pr~mi~s unto th~ said N10RiGAGEE, i» woussws and sssiyns fot~vK. Md th~ saW ~ MORTGAGOR fw Det htin, ~xecwon, administraton and auiyro, hareby covena~ri with Mt said MORTGAGEE, iri successw~ a~d assiQrr, ! t shat ibQ ~ i lawfully w~zed of th~ said prxnues in fN sirnplr, that th~ s~rn~ ~n frN, cl~a~ ud d'ach~ry~d froen all lie~+s and ~ncw~ f ~ b.ance~ in law a in equity. ~nd tl+~t fbe will and Min ahall w~rram and d~fend th~ titb to ti+e s~nw to tM s~W ; MORTGAGEE, in ~uccesso.a •nd asspm, f«~ver pairat rhe lawfvl clairm ~nd d~mands of •II p~rwro; ; PROVIDED. AlWAYS that if tM MORIGAGOR shat) pay unto fhe MORTGAGEE tM p?anitsory not~ hertinbf(or~ described and shall trvly, a«~w~N •nd fully paform. d~scharpe, ex~cve~, compl~tt, comply with ~nd ab~de by tath u~d w~ty tF» stipulations, ayr~ertienb, canditiaa and wvenanb of uid prom~uory not: and of this Ai{ortQ+ye, tT~n this Mortyp~ and ~M Esut~ hN~by vsatd ihall ce~~e ~nd b~ nvll end wid. ` IT IS UNOERSTOOD th~t the word "Mortyaya" wfi~tMr in tM ainpular a ptwd ~nywher~ in this Mortpp~, sMll b~ sin~ulu if one only and pl join y y ywFwn in this Mwtpaq~ shall be tsk~n to msan "ha," "Mn;' } shall b~ w~l tl ~nd s~verdl if mwt than on~, snd that tM wwd °~Frir" ~s us~d M o. "in:' wher~ver tl+~ comuct w implies a admin. Also, tfiat whn~vN ther~ b• r~fer~e~t~ in tl» cowna~ri ~nd a~re~menn Mrein conuined to ~ny of ~ rM parfi~s her~to, th~ s~rM shall b~ constrwd to m~an as vwll p tM h~ia, fpal repr~a~nt~tives, wcusson ~nd ~uipm (~ither volumary by ~ct o/ th~ pa.ti~s w invotum~ry by operation of th~ law) of th~ s~rn~ and that ~A. covs++snn her.M consah+.d shall bind .,+d rM Mnef~n and ~dv~ntprt inw~ ~ fo tl+~ r~sp~ctiw la7rs. Ipsl r*pr~sent~tiv~s, succeswn and as~'ynt of tM patties haHO. s ~ Md ~aid Morrpapor~. (a them~slrh ~nd their h~in. Ipal r~pr~wnutivea, wueuors ~nd auipru, hKeby joinHy ~nd a~v~r~Uy covenar~t ~nd prM = ro~nd with tM uid MORTGAGEE, i» succeswn ~~d auipra: ~ 1. To pay ~tl w+d sinpular tM p?ineipal and int~req ~nd tM variovt and we~dry wma of nwMY paY~bl~ by vktw of u~d prom~uory noli. ~nd thb Rw?w+w. ..ch .nd .w.y, aonw~~y on rn. d.y. ...p.ctiwty rl» ,.m. ..w..t~r b~com. dw. 2. To p~y all ~nd ~iequla~ th~ baer. aueswn~~». IwIN, liabilitiN, oblfpatioey ~nd ~ncvmbr~++cN of ~v~ry rwtur~ and kind now on said desvib~d i~ p.op~.ty, a ri~N Mr~~hu n+sy b~ 'wnpwsd. wffa~d. P~+ud. Iwi~d, or awaMd ther~on, a th~t Mr~~f~N may b~ I~vi~d o~ as~~ed vpon tfih Matp~ ~ - p~, a t1r Md~badness s~evr~d hereby, ~~d ~nd wNy, whM dw ~nd payabl~, accadinp b larv, b~for~ th~y bacam d~ftnq~?snt. W+d b~ior~ any Int~rNt ;t ~nache~ a any pttwlty i~ intv?red; AN~ INSOFAR AS ANY TMEREOf IS Of RECORD THE SAME SHAII SE VRO1NPilY SATISFIED AND OISCNARGEO Of RKORD AND TME OR~G[NAL OiFIC1At DOCUMENT (StKH A5, fOR IMS/ANCE, TME TAX RECEIVT OR TME SATISfACTION PAPER OFFICIAIIY ENDORSE~ OR CERIIf1ED) SMAU sf PU1CE0 IN THE HANDS OF SI11D MORTGAGEE WITHIN TEN ~AYS NfXT AFTER PAYMENij ~nd in tM twnt ~hal ~ny ~Fwrwf a not -j p~~d, s~t'~fi~d ~nd d~sch~rqed s~:E 1NORTGAGEE may ~t ~ny tim~ p~y t1+~ s~ w~ny paA ~ht~tof without waivinq w•(f~uiap ~ny optiw~, li~r?. puity p : _ •qM ~nd~r or bp virtw of this mo.type Ms! tM tull amwint of ~~ch ~~d ~v~ry wch p~ym~nt ah~ll b~ immedi~~~ly dw •nd p~yable ~nd ~I»II brsr iM~r~st { = boen th~ d~t~ tMr~of ~nti! pa~d r~r~ of n~n~ p~r esntum U rR ~n~ top~~i+N~~h~u~ im~r~s~ ~h~ll be s~cured by tM lien of th:~ mwp~p~. ~ ~ 6UOK 1 4