HomeMy WebLinkAbout1075 - t " " ~ Zt1:~U14
THIS if~ipENTURE, M~d~ tM ~th day of May A.D. 19~1 . D~s~neen
_ w~,~~~~ Scot~ a~nd Maudelene G. Scott? hi; wife _ _
of St. 1.ucie Cov~ty Fiaid~, Aeninafiw designsrad +a the "MORIGAGOR." snd fIRST FEDERAt SAVIV;,S An0 tOAN ~
AS.SOCIAiION OF FORT PIERCE, a corporation a9~nized ~nd exi~tir+p undfr th~ laws of ths Un~red Sf~r~s of America and F?~ving in p~inc~pal place of ~
b~,a~nsa~ in iM City of Fwt Pi~.c~, St. tuci~ County, Fbrida, hertirtaf?K de~qna~~d u th~ "MORTGAGEE: ' ~
WHEREAS ths MORTGAGOR is justly indebttd w the MOR1GAGff in ti~e sum oi j$i~~=~ ~ecK~ a*t! ~pwful ~.w.KV o~ the Un:ecd ~
S±atK adv~nccd by tne MORiGAGEE unto the MORTGAGOR, ~i evidcoced by • ct~tain prom~uory notc uf ereo dare he~ew~th, of wfi.cfi tne foUowinp in ~
w~.ds and fiqurei u• nw copy, ~o-wit: y
s8 i300.00 r,~o_3-I7~ ~d7
Fort Pierce. Fl~~da. M~l~~ 19~1
Fo~ vaiue receivcd, 1, wr w eifhcr of ua, promise to pay, without defalca~iw+, to the order of FIRSi FEOERAI SAV(NGS ANO tOAN ASSOC~ATlON OF
F,~RT PIERCE af Fwt Pierce, Fbrida, the s~m of j 813~'~ w~th interest from date at ~he rate of 8lO. eo pcv annu~n, in monthly ins~ali-
•~r~is as fo{'ows: S_7~~ on the Ist~}~y of Jt1I1e 19__~l and a Ide sum on the :orres~wnd:ng day of rach moroh lhere-
arrer ont~l rhe who:e be iuuY pa~d.
Fath ~nstaGn,zM f~rst s~all be applied in paymeM of the interest ~nd then on ~he,ur,pa~d balancc of ~he `nni pal wR,. If defautt is made in the
,.;timent of any lnsta'Iment when d~e, and such defau4 tom~nuet 30 dayf, then a~ the oF~~on of ~he ho.de., and .v~rhout a~y oth~r nonce, alI fhe rema~ning
«s~eliments shait be due a~d payabie at once- Pri»:~s is Q~ven to prepay this note in whale or in pan at any t;me v~aheut penalty_ Ne~tlxr iorrbearance,
nor acceptar+ce by ~he ho!der thcrco~ after any default in sny payments hereon, shalt be dcamc~cf eYte,~s~on. A late paymem cnarge of S~ ~hall be
.:i~~d to eacA insiaGment ~emain+ng unpa~d 7 days after iri dw datl, and • like sv~n shail tx added to ce;h s.,ch ~nstaNinent ~eme~nirtg unpa~d 7 days ~lltr
each succeediry peymem date. ,
fsch mai~er, surety ar+d endo~xr hereof, joiMly ~nd aeveqlly, waives demand, presenrmem protest and not~~e ef p~o!eat fo~ nonpa~,~,~nt, and further ~
ao~ees lo any e?~enswn of nme of paymeM, either beiore or after maturiry, without not~ca te any of us; and to ~ay a;f costs of w'iec'ron, inuud:ng a
•~~,sonable attorney's fK in the event o~ any default hereunder, and her~by se~•erally wa,ves aH bencfl; of homestead and e~en•p+~on weder the conit~tution
.j d lans of each Srate ef ~he U~~~ed~Sta!es, as against this obligation or. any eatens~on or .enewal heraof.
Wi~ness ~he hand-and seal of esch party. S/iilillie A~ $COtt
;SFAU
. ~~Au
s audelQUe G. Scott (SEAI)
i ~12.45 ) Seate Revenue ~E~~
NOW, THEREFORE, the MORTGAGOR for the purpose of securing p~yenent of siid sum of S8 ~ 3~ , and the performance of tM
covenann ~nd aQreemenfs lurein~fter expreued, ~nd io? divers 9ood +~+d v~lwbk cons~derat~ons, by thrse presents, does gr~nt, bar9ein, setl, rem~se,
•e•ease, conrey and confirm unto the MORTGAGEE, in uxcessors and aui9ns, all that certain iot, piece or parccl of fand, siruate, lyinq, and being i~ ths
~ounty of $t. Lucie ~nd State of Ftorida, described ~s fo7lows:
Lots 2, 19 and 20, Block 1 of Ghaaber~ain's Subdivision of Outlot 4 in Northeast ~
1/4 of the Sontheast 1/4 of Sec~ion 4, ?ownship 36 South, Range 40 East, White ~
City, Flozida; as per plat recorded in P2at Book 5, page 27, Public Records of
St. Lucie County, Florida,~
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ca ~ L~r:_','.~,~T1n~ ~T: i~•~ ~~~-AX R~~ - iN MrMEIf~ OF TAXES
~ z - - _ DlE ON ClASS ~C' 1lITAMC~ ppt9p~{k'~~I~O~ln
~ CFr1D`?i = PllRSIiAIIT IO CfiIIIIEf 20 ~
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+oge~her with •It and sn+gvl~? the tencmenra, hered~uments and ~ppun~ncei tlmeunto belonying a in ~nywise sppe.tsini+g the~ero, and ~tl rents, iuues, t
, a'oceeds ~nd p.of~n ~cuuinq ~nd to ~ccrue from said prtmises. all of whid~ ~re included in the abore snd fweQoiny dexription snd Mbendum.
TO HAVE AND TO HOID 1Fx sbove dewibed ~nd 9~~nted premiset unto tl+~ said MORTGAGEE, its s•xcessors u+d assigns ~oreve?. Md tFr s~id
tinpRTGAGOR for their he~n, executon, adm;nisrri~ws ~nd ~asigns, hereby coven~nts with the said MORTGAGEE, its wcceuon ~nd assiyro,
,.,a~ --tZf e IE Y P~ yed from ~11 liens ~nd ~ncum-
lawfull u~:ed of the s~id pemisa in fe~ sim e, that tF~e ume ~re fret, clear arx! diuhar
c•ancet i~ law w in equity, ~nd tMt they will ~nd tAelt heirs shall warr~nt and defend the title to ?he same to tIN s~id
M~RTGAGfE, irs successors ~nd ~ss~gru, iwever pairat the lawfvl daims ~nd demsnds of alt pe?sons;
PROVIDED, ALWAYS rhat if the MORTWIGOR sMll pay unto the AAORTGAGfE tAe promiuwy rore herei~before described and shall t.uly, promp~ly
' and fuNy peifam, d~scMrye, execu~e, complete, comply with and ab~de by each and every the atipulations, ay?ecmenri, conditions ~nd tovenanq of said
~rom~upy note ar~d of this Mongaye, then this 1Mortype ~nd the Estate hereby created ahafl ce~se and be null and w~d.
IT IS UN~ERSTOOp tha~ the wwd "Mwtgapor" whetF~er i~ the ~inyulsr o? plural ~nywhere in th~s Mortgsqe, sh~tl be sinyular if on~ only ~nd
sna!: be plw~l p~ntly ~nd scvnall~ i! more than one, and that th! wwd "their" ai used ~nywhere in thn Mort~p~ shall be taken to me~n "his:• •.hen•.
a"iri." whe~ever ~hc conteRt w implia a admits_ Alao, that whercver there i~ • reference in tl~e covcr+ann ~nd ayrseme~ri hKe~n contained to ~ny oi
~he p~rties hsreto, the same ?h~ll be cantrued to rrwan as welt ~s tht hein, Ipal rtp~ese~~atives, wccesson ~nd assigns (eitMr voluM~ry by ~ct of tM
~a,r~es q inrO~unt~ty b~ oper~fion of the I~w) oi the same and that the covena~ts Ixrsin cont+ined sMll bind ~nd tAe berxfits and adwnt~y~s inw~
to the ?llF1lCtirf heu~. Ieyal rep.esem~tir~s, succesaon ~nd ~a~yns of the panie~ hercto.
Ard s~id Mo.t9~qws. ia themselv~s and theer Min, tpal repeaenutires. successws ~nd ~uiqnt. he~eby p~ntly and s~r~rally corenant and ayr~e
ro ~nd w~th the sa~d MORTGAGFE, ~~s succsuws snd ~siqm:
to p~y •ti ~nd sinyular ihe principd ~nd intarest ~nd the v~rio~s and wndry wms of money pay~bl~ by vi:tue of s~id p~omiuwy rw1e. ~nd rAis
mor+9~e, t~ch ~nd every. promp~ly o~ tht d~ys r~ap~ct~v~ly tFr ~~me sewr~liy becoen~ d~e.
2. To pay •II •nd s~np~lar tFk ~ue~. ~~sessm~nn. levitt. iiabiiiti~s, obt~yations ~nd tncumbrancn ol tvay n~wr~ and kind now on ~~id d~fcrib~d
prop~+ry, a tha+ hs~eiher m~Y b~ imposed, suff~red. Pl~c~d, levied, w~w~ss~d tFKreon, qr ti?~t herealte~ m~y b~ lev;ed a~s~e~~ed upon this Mort¢
~~e, a tM €ndsbtedn~ss aetured htr~by, s~ch ~nd ~vaY. wMn dw ~nd p~y~bl~. ~ccord~np to I~w. befw~ tMy become del~nQuent. ~nd bt}or~ s~y inte~~te
e•!eches a~ny pen~Hy n~ncv~red; AND INSOFAR /1S ANY THEREOF IS Of RKORD TNE SAME SHAII dE PROMViIY s/1i1Sf1E0 AND D~SCHARGEO OF
~ECORD A?iD TME ORIGS?:At OFFfC1At DOCUMENT (SUCH AS, FOR INSiANCE, iME iAX RECEIPi OR iME S~?TI$iACTION PAPER O~FICtAttY fNOpRSEO
~k C~Q;If1ED) SHAII bE P~ACEU IN iHE HANDS OF SA~6 MORTG~GEf WiTHIN TEN DAYS NEX1 AFifR PAYMFNi; ~nd ~n ~he event Ihat ~ny th~~~of is not
>e~d. Nt ~f~ed ~nd d.sch~~~d sa d MORTGhGEE +~uy •t ~ny timt p~r Ihe s~mt a~ny part thereof wH?w~l .w~~wng or allecrinq ~ny Optpn. IiM, eqvitY ot
•~~h~ ~nde. a by v~.r~ oi m~a .r.o•r9we ~nd the tull ~~,oun~ of e~th ~nd •very s~ch p~ymem sh~11 tN ,mmed~~tel~ due •r,d p•r•bte a~d ah~tt b~~r i~te~~ft
~•v.. fhe d~~e ehe.eof ~~r~~ w,d •r r~~~ of ~~ne p~r c~ntvrn p~r ~nnum ~nd ~ope~F~ w,~h wcA me~es~ sh~ll bt a~wr~ br th~ I~~n o} th.~ nwrp~p~.
~ , e~a~ 192 1073
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