HomeMy WebLinkAbout1603 ~ Z0939~ -
THIS INOENTURE, Mad~ the ~ 2~ day Oi ~ ~ A.D. 19_L! betw~er+
She~nan E. Nelson and Jinet A. Nelson, his xife
of St• ~11Cie Covnfy florida, FKreir?aftt~ detig~ated as the "MORTGI?GOR;' and FIRST FEOERAt SAVINGS ANO IOAN
ASSOCIATION OF fORT PIERCE, a co~poretio~ wgani:ed a~d existin9 under the I~ws of tM United Sut~s of America ~nd Mvirg in principal pl.c~ of
bu~in~ss in iM Ciry of faf Pi~rc~, St. lucie County, Flalda, hsr~inafttt d~signated as tl+~ "MORTGAGEE:'
WHEREAS tM MORTGAGOft is justly ie?debt~d ro ths JYIORTGAGEE in tM sum of : ~~s 300~~ , good aod lawful money of the Uo~ted
S~ates advanced by ths MORiGAGEE unto the MORiGAGOR, as evidenced by a certain promiuory r+ote of even date he~ewith, of wh~ch the toilowinp ~n
s~ T~3~~~~ a.~~w ~~y. ~aw;~: 4-t 7,058
v~.~
fort Pierc~. Florida. ~ 2 19 71
for valve reccived, 1, we o~ either of vs, promise to pay, without defaltation, to the order of FIRST FEUERA~ S~AV~IN~GS AND ICZdW A35~c7C1/ATION OF
FORT PIERCE a1 fort Pierce, Fbrida, the sum of = ~ T~3~•~ with iMerest (rom date at the rate of L~ L29'o pe+ +anum, in rtw.etKiY imtat6 i
ments ~s (ollov~i: S ~ on the ~ th day of A~~t , 19_ and a like sum on the cwrespo~dtnQ Jay of e~ch month therr
after until the wfiote be fuUy paid, ,
fach insrallmenf first shaN be appl+ed in payment of the interest and then on the unpaid balance of the princ~pal wm. If default i~ made In 1M
F~aymenf of any ins~a~~ment when due, and such defa~lt continues 30 days, then at the optio~ ol the holder, and without any other notice, a(1 th~ rem~ini~?g
msiallmeros shall be due and payabie at once. Privelege is giveo to prepay this noro in whole or in pa» st soy time without pec~ahy. Neither for~lxarar~ce,
no. ~cceptance by the holder ti+ereof afre~ any defaulf in any psyments bereon, shsll be dcemed e~ctens~on. A late payment charge o~ s sMll be
added to each installment remaining u~pa~d 7 days afte~ its dw date, snd a I~ke aum shall be added to each such installment remaining unpaid 7 days after
each succeeding payn,ent date.
Esth ~+s~ker, surety and e~o?ser hereo~, jointty and severally, waives dert~and, presenrment profest and notice of protest for ~onpayme~t, and funhei
agrees to any extens~on of t~me of payment, eithe~ beFore a a(te~ maw~ily, without notice to an~ of us; and to pay atl costs of collection, includiny a
rrasonable attorney's fee in the event o( a~y default Froreunder, and hereby severally waires alf benefit of homestead and exemption u~de~ the conslilufiw~
a~~d laws of each Srate of the Unired States, as aga~nst this obl~gatan w any ex?e~s~on o~ ~e~ewal hereof_
Witness the hand and xal of each parry_
s/ Sherman E. Nelsan ~A~y
s Janet A. Nelson ~w~~
, ~t~ ~
$25 •95 ~
( ~ State Revenus
( ~ .
NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring p~yme~t of laid sue,+ of = 17s~~•~ „~nd the ptrform~nce of tM {
covenanb and agreemenrs hereinafrer expressed, and iw divers good and valuable considaatio~s, by these present~, does grant, bar9ain, selt, remise,
release, co~vey a~d confirm unto the MORTGAGEE, its aucceswts ar?d auigns, all thal certain lot, piece or pucel of land, ~ituase, lying, and being in 1he
County of `St. ~1CiA ~nd State of Florida, dewibed as follawt:
Lot 15, Block 263, PORT ST. LUCIE, SECTION ONE, according to the plat thereof
as reeorded in Plat Book 11, Page 53, of the Public Records of St. Lucie Cou~ty,
Florida,
~ 0
. ~
% ~ IN PA'(IIIENT OF TAXES ,
PROFERN. f
W~~
~ 'f/ INTANGIBIE 1941.
TO CFIMIER 20124. IICTS
w S l~AT ~ c) : t I 1-1 p"~su""t ~i~cun cou~t
~ Z G:?Ci?MFNTt.a'~ a,-~G ; v X ROGER r011RAS, KN~1M~S. !R
- - , - - - ~ ~nt{ fot DANIEL
o _ nar i ~ 5 S~= u 1~I tu Co~kcto~ ~ ,,,~L~
~ v = ~t , 2 _ ~ ° ~o~i.~i.Gw'
v~ ~:o? ~r ~trr~ :~'F'~ ~it.c.~-~
Fg.»o~~• gll pEpUn CLERtc
rogethe? with all and singular tfie tenemenn, heredit~ments ~nd ~ppurt~nces therevnto belw+qing or in anywise sppertaininq fMr~to, a~d all r~nri, iuup,
proc~eds snd p?oiits scuvirq snd .to accrue from s~id premisei, all of which are included in the abov~ and foregoi~g description ~nd h+bendum.
TO HAVE AND T HOtD the above deuribed and yr~nted premises uMO ~he said MORTGAGEE, its svccessws and ~uiyns forswr. Md th~ said
~heir
MORTGAGOR fw heirs, executon, adminisrrators and suigns, hereby covenants with the said 1NORTGAGEE, ib succestws ~nd astiq~s,
~hat t'h-A~ a'2~8 - Iawfulty se~zed of the said p~emites in fee simple; th~f !hs sarr?r are fr~e, clear and dischsryed from ~II liens and N+cwr?~ ~
b~ancq in Isw w in puify, snd that th@y will and their hein ~MII w~rrant snd dafend th~ titl~ fo the sam~ to fh~ sald
MORTGAGEE, itt sucusso?s and auigns, forever sgainst the Iawfvl claims and demands of all persons;
PROVIDfD, AlWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE the prom;ssory rqte hereinbefw~ destribed ~nd shalt truly, p?omptlp
an~ fully perfpm, discharge, execute, compkte, canply w;rh and abide by exh and every t1ro slipulations, apreemenn, conditions and cover+anb of said
promissory not~ ~nd of thi~ Mwtgaqe, then this Mortyage and the Estate hereby ue~ted thal! a~~e and b~ null and wid.
IT IS UNDERSTOOD tMt the word "Mortgagw" whether in ti+e singula~ w plural ~nywhere in this Mortysye, shall be sir~ulK if on~ only and
shall be plural joimly and severatly if more tlun one, and that the wo.d "rhe7~" a: used anywhere e~ this MortQaye sMfl be taksn to rrwan "his: •••h~n; •
or °its," wherever the conteat so implies u sdmiu. Also, that wherever there is a reference in the covenant~ snd agree~nents her~in co~uin~d a.~r of
~he pa?ties hercto, the ~ame ahall be conatrued to mean a~ well a~ the heirs, kyal rtpresent~tives, tutcessort and ~ui~ro (either volunt~ry by stf of th~
p~rries or involuntary by ope~+~ion of the law) 01 the s~ms and that the covenants herein cont~ined sh+lt bind ~nd tAe b~nefib ~nd advantapes k?ur~ ~
?o the rsapectiw hews, kyal representatives, successws and au°yns of ~he pani~s hereto.
Md said Mwtq~gors. for themselves and their hein. le~al rcp?esent~tives, wccessors and •uiyro, hereby jointly and severally cov~nanf ~nd apr~e
ro ~nd with the said MORTGAGEE, in successors ~nd auiyns:
1. To pay a!! ~nd ~i~Qvla~ tM principal snd interest snd the wrio~s and sundry iums of mo~~Y paYable by vi~tw of said promi~~ory not~, and this
n+orl~+~t, e~ch ~nd every, promptly on th~ days respectively the urrN severally becom~ due.
2. To pay all and Nnyula~ the taxes, ~ssessmenn, levies, li~bilitks, obli9~tio~s and encumbances of every natur~ ~nd kind now on s~id dacrib~d
Wop~~ty. a tMt I1tlNftN may be imposed. suffsred. plxed. leried, a assessed ther~on, or that hcr~after may be levied p a~sessed ~pon this ~
+p~, or fM ind~br~dnsis ~scured her~by each and ~ve.y, when dw ud payable. accordirg ro law, beiwe they become delinqwnt, u~d b~fa~ ~ny inf~
artaches o~ any pe~atty is incurred; ANO INSOFAR AS ANY THEREOF (S Of RKORD 'HE SAME SHAtI af PROMPiIY SATlSFIED ANp DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAt DOCUMENT (SUCH A5, FOR INSTANCE, iME TAX RECEIPT OR THE SATISfACT10N PAPER OFFIClAtIY ENOORSEO
OR CERi1f1E0) SHAII SE PLACEO IN THE HANpS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT Af1ER PAYMENT; ~nd in the evem that any ther~of is nw
pa~d, s~t slied and dfsch~~ged sa'd IkORTGAGEE may at any rime pay fhe same w any p~rt thereof without w~iving or aftectiny ~ny option, lien, eqvity p
~~aht u~der w by virt~ of this mortgsge a~d the full am~nt oi each and every such payment shall be immediately dve and payable ~nd shall bear int~?qt
~.om the date tiKrepi until paid at rate of n~ne per centum per annum and togerher w~sh such inreresr sh~ll be secured by the Jien of fb:• morQtape.
aooK192 1~99
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