HomeMy WebLinkAbout1607 ~ ~~ai~?7~ 3 ~
THIS INDENTURE, Ma~ the '~~h day cf A~'r-~ ' A.D. 19_..?1 , b~~~een ;
_ ~tioa3rou Gaunce and Naomi GaunQe,/his vif . ~
^T ~~o
kno~rn as Naoui June GaunceT_ !
o~ ~t• I'uC~C CWnty Florida, M/tiMf1N d~~g~~tec! ss Ihe "MORiGAGOR." and FIRST FEOfRAL SAYINCaS AND IOAN #
ASS(XUTION OF FORT PIERCE, a corporatwn aqanized ~nd ~xistinp unda tM laws ot the U~~ted S~ar~f of Ameriu and having Hs ~+riixipal place of
bus~~+su in th~ City of fort Pisrc~, St. lvti~ Counry, flo?ida. M/f1MNN detipn~Md as tM "MORIGAGEE: '
WMFREAS the MORTGAGOR ia juiily indebted to tM MORTGAGEE in tAe sum of j~~~~•~ _ good s~d lavatul mo~ar of ~he U~~~tcd
S~ates sdwnced by tAe MJRTGAGEE ~nto th~ MORTGAGOR, as evidenced by a te~ta~n promiasory note of e~~en date hr~ew~th, of w:i::h tBt follov?inq in
Nor~s end fyMur~i n a trw copy, to-wit: /y~
~ il~[~.~.~/ ~ ~7~VJ. ~
~ P:~«., f~«~d,, 4pri1 2~? ,9 71
For vai~,e rece~ved. I, we or eithe~ of us, pro~~
[tOopay~,~wi~hout defalca~~on, fo the order of fIRST iEDERAI SAVINGS AN~ tQAiv ASS~~C'IATION Of
fORi PIERCE at Fat P~erce. Fbrida, the sum of :_~12-U _ m„th inreres~ from date at thc rate oi _ Sta~~o prr annu~n, in rnoMhlY in~tall-
mrnfs as foCov~rs: S__ - on the ~ day of J~-'~-' 19_~~_ _ and a G1,e su:n on th: currespond,ng day of each month there-
ener ~Mif the w~wle be fully pae~l.
Exh insta~~ment fust shal! be appl~ed :n payment of ths interest •nd th~n on the „~,pa~d Fwtae,:r of thr p~;~,: pal s~m. If drfault is made i~ the
, a~ment of a~y instailn.ent when due, and such default tontinues 30 days, then et the op~~on of ti~e ho+der. and .~~tnou~ any other ncrlce, atl the remain~n9
~~staltments sFwil be doe and payabie at oncc. Privil~e is 9ive~ to prepay this note in who7e o~ in parr at any e~:hr wifhout p.enalty. Nrnher }orclxarance,
nar acceptance by N~e hofde. thereaf af'rr eny defau7t in any pay,nMt~ ?Ky~n, shsll be deemed ex+e~~a~o~. A tare paymeM tlurg! o} S-_?'~ shall be
edded to each ~nstai;mant r~maming unpa~d 7 days aft~r iri due date, and a I~ke sum :hall ~ addrd ta each s~ch ~nstai!n:ent remaming unpa~d 7 de~s aher
each sucteediry pa~mem date.
E+ch ma?er, surety and endorser hereof, jointly and severally, wsives demand, p+csenrment p,ores! and r.or,ce of p~ofest for nor.pay n~ent, and turther i
eqr~y fo eny extrns~on of nme of p~yrn~nt, either before o~ after mstunty, without not~~e to an, of ui; a~d to i jr a~! cosrs of co le:r~un, incwd.~y ~
r.+:enable attorne~ s tee m ti,~ e.ent of any delault hereunder, and hereby severalty we~Yes aif ber~cf~! of homcstrdc~ sod exr~npr;~n u~tdrr the conu~tution
s~a laws of each Sea~e of ihe Un~ted Sta:es, ~s aga~nst this obl~gafion w any eatena~on o. .enewat hereof
W~~nrss ~he hand and scal of each pany.
s/ ~'oodroW Gaunce (SEAL)
(SEAL)
s F13osrti Gattnce ~ a 2 cn irn~,~.., ~ ~~A~~
d,t Naoni June Ga~nce
t_ ~?v•75 ) Srate Revenus
~ '0~O[70iDDt
NOW, THEREFQRE, the MORTGAGOR for tF+e purpose of securin~ payment of sa~d sum of S~~%~•~
and the perfosma~ece of the
covenants and iyreemrnts l+ereinafter expressed, and for divers Qood and va~uable co~siderations, by t~eu presents, docs g~ant, barga:n, sell. remise,
•e'.ease, canvey snd confirm un+o the MpRTGAGEE, its tucceuors ~nd ~ssigns, atI that cer:ain bt, p~ece Or parcel of land, sit~ate, IyirsQ, and being in th~
Caunty of St .~L1C=e ~nd Stat~ of flaida, dewibed ~s foilows:
Begin on the ~Jest Iine ar ~raine Street at a point wh~ ch is ?o~.u• ii=uidred ar.d
Seve:~ty and ei~ht-~enths (Iy7t?.8) ''eet ?~orth o_° the ~:arth line of Okeechobee
Road ;Said t:orth Lir.e of J!c~zchobee 3oad being aZso South lin~ of ?,ot now
o'aned and occuFied by Clyde Ki? ler ) from this poir,t o`.' beginning run ;,est
C~:ie-Hundred ar.d :'orty-Pire (1'.K) feet; thence Vorth ~'ifty (~0) feet; thence
~ast Qne Hundred and rorty-f ive (1 !~5 ) feet; thence Sout'~ ~ifty ( KO) feet Lo
poirit of begitming. The tract o_' land hereby describPd and conve yed ~in~ ~
a lo t fr~n ting ~ f ty 0) reet on I.or3ine 3treet, ?ort Pierce, :'lorida, and
'_ocat.ed in the Se•stheast ~uarf„er of the `~torthwest ~~uarter o£ the SouLheast ~
: sarter o_'' Sect~~:. Q, To-anship 37 SouLh, Fange ~0 ~ast. ? ~
aa
~ 1N PA1fMENT OF TAXES
~ CIASS 'C 1lRAN~tdIE PERSOt1Al P30PERT1f,
~ i i~ L t ~ U A ~u~wwT m cw~fa 2ort4. xts aF i~i.
F; ~ ~~~-;U T~ X ~R POITRI~S Ckrf~ CircuR Coutt
s- ~ , , . _ _ r ~
c~ r~'°~i ' ts Iltent fot 011NiFl N. KIiOYIIIES,, 1R
~ ` f; ~ 6 7 5= st. ~uc~e cow~t~ Tu ~o~ _
N p ti,i ~ o j-,~_ ~ ~d,,,s,,~I,~G
pEp1~n CLERK
~oqe+her w;tl~ •Il a~d sing~i~r the teneme~b, hered~taments ~nd appurtarxes thereunto belong~ng or in anywise appertaining therero. •nd all rents. issues, i
a~oceeds snd prof~n accruing and to xtrue from s~id premises, ali of which ~re ir+tluded in the above and faegoire9 desuiptior? and habendum.
TO HAVE AND T0. .HOLDTthe above descr~bed snd yr~nted prem;ses unto the said MORTGAGEE, ~ts s~ccesson ~nd ssaiyns iweve~. And th~ pid
2 rlp ~
MOitTGAGOR fo+ he;rs, executort, ~dministrstw~ ~nd assigns, hereby covenants wirh rhe s~id MORTGAGEE, its wcce~son ~nd ~ssiym,
tti.c 'J
~ha1 f~wfuity se~zed of the said premises i~ fee simple: ti+at tF~e aame are free, cku and d~xharped from all liens and ~ncum~
r
brences in law or )n eqviry. and that hey w;ll ~nd ~~ei' }~ei?s shall war~ant and defend the title to tix u+n~ to th~ s~id
MORTGAGEE, irs succcsso?s ud assgns, faever aysinst the lawful ct~ims ~nd dcm~ndt of all penoro;
PROVIDEO. ALWAYS that if the MOQTGAGOR shall p~y unto the MORTGAGEE the prom;syory note he~einbefore dawibed u~d ahall t~uly, pomptfy
•~d fully pcrfo.m, d~sch~r~C. exccure, compkte, cornply with and ~b~de by e~ch and every the sfipui~~~ons, apreementa, cond~~iwa snd covenants of sa~d
p~om~sso.y note ard of this Morty~ge, rhen th;s lNortype u~d the Est~te hereby veated shall ceau and be ~ull and vo~d.
I1 IS UNDERSTOp() that ~he word "MwtyeQor" whether in tM singular p plur~l snywhcre in th~s Nlorty~e, ~hall b~ sinpvlar if on~ only ~nd
shall be plwal jo~ntly ~nd aever~i(y if mwe tMn one, aed that the word "the~i' as used anywhe~e in thn Ma~paQ~ ~halt be t~ken to mean •.hq•• •'h~rs," '
o+ .~ts wherever the conte,ct w~mpl~es pr admiri. Alsp, tMt whe~ever there is • rcference in the covensms +nd ~yreement~ herein contained to any ol
~he pa.ries hereto, the same shal! be cwntrued to me~n ~s well u the heirs, ley+l rtpesentativef, succctsws and ~~sig~a {either voiunt~ry by ~ct ol th~
;.a.r~ or ;nvolunury b~ ope?srwn of rh~ I~w) of ri+e same ~nd ~Mr rhe covenanrs herein conuined shall bind •nd ~he benef~n .nd sdvnra9cs inu?• ~
ro ihe +especriw heirs. kyal rcp+esent~rives, wccesfw~ and ~u~yns oi the p~nies hereto.
Md said MonqsQors. iw thcroselves and their Fkin. {eyal reprsscnt~tives. successw~ ~nd ~ssqns, hereby lointly and seve~ally tovcn~nt •nd yr~e E
+o and with the sa~d MORiGAGEE, irs wccsssors ~nd ~~siqns:
1. To pay and sinpulu th~ pr~ncip~l ~nd interest and tht wraus and sur~y wms of money pay~ble by virtue oi Mid ~OmisWty f1pt~, u~d thia
~*+ort~~t, each u~d eve~Y, prompt{y on tht dayt reapectivsly tM sam~ sewrally becomt due.
2. To p~y ~N ~nd sirgvlar rhe f~:es. ~ssessmenq. lwies, li~betiri~s, obli~fioni and encumb~~rKea of every naru.~ ~~d kind now o~ ~a;d desc~ib~A
c~~Y, a that hc~e~he~ m~y b~ impowd. wffer~d, plxed. kvied, a~ueued the.~or?, w that here~fter may be lev~ed or ~~acased upp~ this
+W, a ~he ind~b~edr~cs~ secured hereby. ~ach ~nd every, wh~.+ dw ~nd p.r~ble. ~ccadir~ ro I~w. Ixfo.~ ~he~ becan~ dehnquent, ~nd b~fw~ ~ny int~i~
a'+eches u any pe~airy :s incu.red; AND INSOfAR AS ANY iHEREOf IS OF RKORD THE SJIME SHAIt 8f PROINP1tY SATfSFlED /1.'vD DISCHARGED OF
DECORO AND THE ORIGIP;At OFFItIAI DOCUMENT ($tKH AS, FpR INSTAldCE, THE TAX RE~EIPT pR THE SAi1~FACT1pN PAVER OfiIC~AtLY ENpORSED
Ju CERTIFIED) SNAII 6E PUCEO 1N TNE NANDS OF SAID MORTGAGEE WITMIN IEN DAYS NEXT AfTfR PAYMENT; and ~n tIK evtnf that ~ny th~r~p( is not {
c-e~d. s~+s/,ed •~d d~scharged sad MORIGAGEE may •t ~ny t.me p~y fhe sime w~ny pan rhereai w~~hov~ wa~v~ng or a}fecr~ny ~ny opt~on, lien, equiry p
•~o+~r ~nder u. bY v~r~ue of th~a ~+ar~y~ye and the f„II •mouM of e~ch ~nd every tvch p~y.nent shalt be ~mmed~ately d~e and pay~ble ~nd sh~ll b~N interqt
~•o~., the d~te ther~o} unril p~.d ~r .~ee oI n.ne per ccmum p~r annum ~nd ~oqerl,~r wnh sucA mreres~ shet! ~ uw.ed br rhe leen of th.~ morytaqe.
aQQK s~z ~s~~
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