HomeMy WebLinkAbout2331 ~ ~ i
~ 2U~790
THIS INOENTURE. N4d~ t 3~h da of ~ • ~h A.O. 19?~ b~rwNn
chrarc~ C. ros s a and L. Prosise. his wife
of t'• uC e County i{o?ida, hN~;MfIM d~aigMted ~s IM "MORTGAGOR," ~nd fIRSt FEUERAL SAVINGS AND IOAN
ASSOCIATION Of FOR~ PIERCE, ~ caporation aQu+is~d u~d ~xiqinp v~ tM laws oi tFw Unit~d Sfa~~t of Amerk~ •nd havinp its principa) plec~ of
b+,~in~u in tM City of fort PiKU. S~. luti~ County, Florid~. Iwt~7naft~r dea+pnat~d ~s ~M 'YYIgR10~•~ '
WHEREAS ~M MORTGaGOR n jvrly ~nd.b~«! w ~M MORTGAGEE i~ N» •um of i ~ 5-t good and towful maxy of tM Un~ted
Stat~s ~dvanc~d by 1M MORTGAGEE unto tM MORiGAGOR, ai ~vid~ncad by a c~~~~in promiuwy nore of eve~ date herew~~h, oi wh~ch tM (ollowinp in
word ~~d fipur~s is • tr~ copY. to~wit: •
$ 15~, 000.0o N, 3-i 6, 936
Fwt Pi~rc~. Flwida. ~rCh 3~ 19 7~
Fa valw ?sceived, 1, w~ w eitM? of u~, P.om~s. ~o pay, withoW d~falc+tion, lo tht orda of fIRST FEOERAL SAVlWGS ANO IOAN ASSOCIATION OF
FORT PIERCE at fo?t Pia,•ce, Flwida, the a~m of with inte~re~st trom dale at tha r~ls of ~.~r1 e per annum, in monfhly install•
mcnts u follows: ~ ~ 24'~ a? tM ~ th d~y of J~Y-_, 19~i! ~nd a liks sum on ths correspowdny day of each month ~here-
efrer unti) ~he whote be fvlly paid.
Each installment first shall b~ applied i~ paym~et of fM intere~t and fhen oef fhe unpaid balance af the princ:pal sum. If de(autt is mad~ in the
F,ayment of ~ny installment when dw, and such def~uh continws 30 days, ~hen ~t the op~~on of ~he holder, ar~d wi~houl ~tny othcr not~ce, all the remain~ng
~~~stailmeoH shall be d.re and payable n once. Privilp~ is y~ven to prepay th~s oot~ in whole o~ in parf at any t~fne wi~hou~ penalty. Nejthqt~orcbeu~nce,
nor acceptant~ by IFx holdes ~he~eof after any default in anY p~Yments he~eon. th+N b~ deemed extension. A lat~ p~ymsnl charg~ o( i_~~l sMll b~
added to ~ech ins~~llmcnl r~m~inirg unpa~d 7 d~ys ~ftK Ib dw dat~. ~nd ~ like fwn shall Fx added to each such inftallmeM remain~~g unpaid 7 days ~ft~r
eech wcceadinp payment dua
Each malce+, surery ~nd endors~r hersof, joinlly and teveratiy, w~ives demand, p~esentmenl paotes! ~nd not~te of protesl iw nonpayme~t, and funher
agrees to any ex?ension of tims of paymant, either beior~ a aft~r maturity, without notice to a~y of us; and to pay atl costs of co!~ec~io~, includiny •
~rasonable attorn.y's fee in the evenl of any defsuh hereund~+, ~nd hereby uveraliy wsives aIl benefit o/ homestead aod exemprion under the constilution
a»d I~ws of exh State oi ~he United $tetes, as +qain~t lhis oblip~tion ot any eareniion a renewal hereof.
W~tneu tht hand and sesl oi each psrty. 3~ Prnsise
(SEAL)
s es . s se ~A~j
cs~~u
t ~2•50 1 Shte R~venw ~u
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NOW, THEREfORE, th~ MORTGAGOR for tM purpos~ of s~tvrirg p~ymeM of said sum of = ~
7~~~'~ , a~d fhe performance of th~
covenanb and agreements her~tinafter e:preued. ~csd fw dirers yood and v~lwbl~ considar~tions, by tius~ presenh, does y~ant. barqa~n. sell. rem~se,
~elcase. cwwey a~+d confirm unto tM 1NORTGAGEf, ib suasssws and assi9ns, all that arbin iot, pitu or parul of land, iitwt~. ~Yiny, and bainp in tM
ca,nty of St. Ltlcie and Sta» of Florid~, d~w;bd .s tollaws:
Lots 23 and 2lt, Block 81, Ur.it IJIKEWOOD PARK, as per plat thereof on file
in Plat Book 11, Page 13, of the Public Records of St. Lucie County, Florida,ri"
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c.% t1;;C;.iMFv r~~?~ ~ S'i a~~~P TAX R06ER POITRA$ qer~ prp~d (burt
p~R1s~li ~~~>~~2 2 5 ~~Bent br DAHIEL N. KNOWLES~ 1R
~ ~ ~ Gr, ,(•~FM1Ftx.. r~,~aj"~ ~ ~ ~ 4{1V{~ry ~U V~/~~~ ~
cV.y1Ci~\? ~ ~
N
~EP!!TY C1.EWI '
roqethN with all snd sinpulu Mw ~entene~ts, M?edit~m~nh and appwtances tl~erevMO b~taginq a in ~nywis~ appert+in~p the?sto. ~nd ~N r~nts, iswM,
Pr«eeds and profcn .cvu~ny ~nd ~o xcrw from said pnmaea, all of which are includ~d in th~ abov~ and forapa~?p d~wiption and habendum.
TO HAVE ANO TO HOLD tl~e ~bov~ d~scrib~d and ~r~nted premaes unto tM iaid NIORiG/1GEE, its wu~sson and nsipns forewr. Md th~ s~id
Z}le'Y2'
~ORTGRGOR for he~n. ~:ecuton. admioiitraton u+d eugro. M+eby coveMnts wirh tFM sa+d MORTGAGEE, i» successon ~+d assiyn~,
ehat they are ~~~ulfy t~iz~d of t1N aaid pr~misu in ft~ sknplr, thaf 1F~ sinw u~ fra, clea~ ~nd discFur~d fran ~II liwna ~nd ~ntvnr s
~ branc~s in 4w a(n pvity, and tMt thB~/ will and their hein thall w~rrsnt uid defend tM titlt to th~ sam~ to th~ said =
AAORiGAGEE, its tucceuas and au;~ro, forw~r a~akut the tawful claims and dem~e~ds of ~II p~rawn;
PROVIOEO. AIWAYS tMt if the MORIGAGOR shall pay unto tfie MORTGJ?GEE tM promissory ~ote he?einbefore d~scrib~d ~nd ahatl truty, promptly
and fully p~rform, d~sch+.y~, e~c~cv», compl~r~, ca.np~y wirh ~nd abidt by ~ach and wery the stipulations. ~?eane~n. condi~ions and coverwnn of sa~d
prom~ssory not~ and of this Mortya~, then this Matyape ~nd th~ Estate hs~~by vNted ~MII uase and be null and w~d.
IT IS UNDERSTOOD that ~he wwd "Mwtypor" wF~tther in tM sirpulN o? pl~nal anywher~ in this Mortysq~, shall be sir?pulw if on~ only ud
•hall b~ plural joinriy and s~veraily if mor~ thsn on~, aeed tMt tM word "their" ~s ~aed anywhtr~ in this MwtqaQ~ sh~ll be take~ to m~an "his," "hen;' !
o. "ita," where+ra tM cont~xt w implies o~ admin. Alw, thaf whe~svK ther~ is a ref~rencs in tF~ covenann ~nd ~y?a~menb her~~n cw~tsin~d to ~ny of ~
eh~ p~niq iwreto. tl+~ same ~hall be co~strwd ro m~an a w~ll as tht hei~s. (pal npr~s~r?utives. s~ccesw~s and ~ssipru (eitMr volunary by ad o/ tlw
p~niM a i++votuntary by oper~tion of Mw I~w) of the sar~ and th~t tM covaunn herein com:u+ed shall bi~+d and rhe b~nefin and ad~r.nrpe~ inur~ ~
ro the resp~ctiw M'vs. Ipa! repr~sent~tives, suaeswn x+d au~qm of tl+~ puti~s her~to.
Md ssid Mort9a9ors, for tiwms~IvM and their h~irs lep+l r~p?~aentativa. ~ucc~sior~ and ~uipns. hereby jointly and sw~ralty cownant ~nd ~K ~
ro and with the s+id lNORTGAGEE, in suueason N+d nsgns:
1. to p+y ~tl ard unpvl~~ ttw principa! and int~resf u+d the v~rious ~nd sun~My awns of moneY paYaWe by virtw of said pram~s~ory not~. ~nd Nrs
r^e?tpy~. ~ach and wery. Promptiy on the days rqpectiv~ty th~ ~arn~ sw~rdly becan~ dw.
4. To pay alt and iKgvlar th~ tax~s. ~sks~nt~. Iwies, liabilit»s, obtipatian and «+cumbrances of ~wry Mtwt ~nd kiod ~ww o~ s~id d~scr~d
P~~~Y, a that F~~~frs~ may M impa~d„ svff~r~d. Pl~ad• levi~d, a awswd tlwr~on, or th~t h~reafrer mar be levi~d or aisesw~d ~rpon thi~ Mort~
a tM h~d~b~rdr~sa s~cv?~d ha~bp. ~ad~ snd wKr. wMn dw w+d p~yable. Kcwdiny w law, b~for~ they becane delinpwnt, and Mfan N+y M+t~r~st
•rtacMs a~ny pcnalty q incwred; AND INSOFAR AS ANIf THEREOf IS Of RKORD iHf SAME SFfAII af PROMYIIY SATISFIED AND DISCHARGED OF
RfCORD AM~ TME ORIGINAI OiFIt1At pOCUMENT (SIKH AS, fOR iNSTANCE, THE TAX RECEIPT OR TME SATISfACTION P/1PER OffICIAIIY ENpOR5E0
OR CERiIF1E0) SNAtt SE PIACED IN iHE NANOS OF SAIO MORTGAGEE WITHfN TEN DAYS NEXT AFTER PAYJNENT; ind in rM •wnr ihar ,nr rh~.eof a nw
pa~d, u+ sfwd •nd dischNyed sa:d MORTGAGEE iruy ~r a~y t~me pay the ianw a~ny p~r1 ti+e~wf wi~hout waiv~ny a affectinq any option, iiN+. pu7ty a {
•pM undN a by virtw of this mortq~ye ~nd tM fu11 amount of •ach a~+d ~very ~~ch p~yrn~nt fhall b~ immedistely dw ~nd payablt and sfiall beN int~rat
~•om ~he dare the~wf until pa~d at r~1e of n~nt per c~ntum p~r annvm u~ tMr w h avch i~ter st shall b~ secv?ed by ?M 1;en of ~A:s morptp~. ~
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