HomeMy WebLinkAbout0893 ~ zi;~9~7 ~ _
TMIS INpENTURE, IN~dt tM 22nd day of ,uly A.D. 19
~l . betwst~
Lloya K. S~ith and l.illian A. 9~ith. his witQ
o~ SL • l.ilCl~ ~p~~~y Fla;~, ~~inaftN Jssi~r+ated as tM "MORTGAGOR," and fIRST fEOERAI SAVINGS ANO IOAN
AS`,'~C1AlION OF FORT PIERCE, a cwpora~an w~ani:~d and •a~t~inp unde. ~M I~ws of tFr United Stuq of Amwkr~w+d havinp ~n Pr~nc~P,~ F':<~ of
bui~ntu in tM Ciry of Fw~ Pi~rn, S~. luci~ Covnty, f.laid~, hs?tioaha dtsprut~d ~s tl+~ "MORiGAGEE:' '
WHEREAS ths MORTGAGOR is jt~stly indtbt~d 1o tFw MORiGAGEE in tM tum of s i~ ~ ycod and lar?(ul money of ~he Un~ted ~
S~eees adwnced by tM MORTGAGEE un?o the MORiGAGOR, as evide~xed by a cer~a~n prom~isory note o1 even d~t~ herew~~h, of wh~ch iM ioilowinp in
~orda and f~ures is a trw copy, ~ow~C
s 17, 000. 00 t~,_~17, 2 S6
Fwt Pieres. Fbrida. .lU l~I a2 _19 ? 1
Fw wlue receivac.', t, we or eithe~ of us, prwmss to pay, withoul de~+lca?ion. to the wJcr of FIRSf FEDERAI SAViNGS AN~ IOAN ASSOCIA?ION Of
FORT PIERCE ar Fort P~ace. FlorWa. the sum of = 17~0~•~ w~th imerest from date st the ~ate oi ~0 °'.e pv au:tum, in nron~hty instaH-
~,~s~,rs a foi!ows: S l~'3=~ on the 1fL day of ~pt@~I-, 1q_ 71 _ e~d a like sum on the corresp«+d;r~ dar oi each month the~~- j
arrer until fhe who~e be iully poid. i
Each instal~ment (irst slwll be +p{,lird in paYmrnt of tne interest and thcn on the unpa~d ba!ance o( rhe pr~nc:pal sum. lf de`e~lt is madE in t1w t
; a,mr~t of any ~nsta~~mem whrn ~ue, and such de(ault conr~nues JO days, fhen at the oprion of the ho~der, and w~fha,t any orher notice, all ?he romawvng
~~s+aL'ments ihall be due and payeblc at once. Pr~vlicge is givan to prepay this noro i~ who!e w in part at any ttme w~thout penalty. NeitFxr for~bea~ance,
~or acceptance by the ho:der ~he.eof aier. a~y deFa~it ~n a~y payments hereon, shall be dremcd eatension. A late paymem cha+ge of 15~ sF,~ll b~
~~,iz,i to each inataltme~t remsin~ng unpa:d 7 days after ib dw date, and a!ike sum ahail tx added :o each such instat!~nent remaining unpaid 7 days aher
each succeeding paYme^t daro. i
~
Each maker, surety a~ul endorsrr hertof, jointly end srveralty, waives demand, p~esent~nent protes~ and notice o~ protest iw r.onpayme~t, and further
agrees to aoy eatens:on of t~me of payi~xnt, nnher befe~e a aiter maturity, witAout nonce to ar.~ o( us; and tu pa~ atl costs of co1lection, intlud~rg a
rrasonable atto~ney's fee in tht eYen~ of any def,~u:t hereunder, and hereby xverally v~raives all benriit of humrs~ead and e~rneption under tM constitvtion
,,d laws o( each State of the Un~rzd Statrs, as aga:nst this obligation p any eatenswn a~e~ewel hereof.
Witness the ha~d and seal of each psrty.
/s/ Lloyd K. Saith ~~q
~w~~
/s/ Lillian A. Saith ~~u
cs~?u
~
S2~~
NOW, THEREFORE, ~he MORTGAGOR fa the purpose of secvring payment of sa~d sum of 17 ~~0 , ~nd tha pet(amance of the
covManq a.-~d ~greemcnrs hae~na(ter eapressed. and (or d~vcrs good and valwblt considerations, by thex p~esents. does qrant, ba.gain, setl, rem~ae,
re:easa, ca+vey and cont~rm unto the MOR7GAGEE, its succe»ors ~nd assigns, all that certain bt, piece or pucel of I~nd, situate, IyinQ, ~nd beinp in the
~ $L . u1C le ~ State of Florid~, dewib~d as follows:
Lot 14~ Block 13, of the Revised Plat of FORT PIERCE °
~
~
BBACN SUBDIVISIoN, as per plat thereof on file in Plat
Book S, page 29, public zecosds of St. Lucie County, ~
Florida,?
~ O
R`~~ j~~ IN PArNE tT Of TAKES •
~ Ct;E C'N Cl/lSS 'C INTANGIBLE PER~?!AC P'tOPERTY,
pv=:~ 10 CW4FTER 2p724, ACTS OF 1531.
ROG~R P011RAS, Cletlc (Srcuit Cou~ '
~ ~u
I ~ Z ~~j~ J~,_! _'`T'~ r, V~ r<~/\ az ~BeM for QANIfI N. KN0111fLE~ 1R
~.J ~ _ ` - , ~J i i •f 'r ~ j i `
~ St Luae Coun~ Tax Colkct~
~ Q = .A~28']~ = ;•j'~°`
~ = ' _ ~-~P.~~
_ ~"~2 5 5 - :
~[ar.cfet.~:.:~~s o= `
P.9_iSOetz ~ - DEPUIY CIERK ~
~ ~
f
t ~
i
~ ~
~ togerhe~ with all ~nd ainguiar the tenements, herediumenb and ~pp~+runtes rhereunro bela+yinp a in anywist appe+uin%r~ ti~ersfo, and ~II nnts, issws, ;
croceeds and profib x_r~~ng ane! ro accrue from s~:d premises, •11 of whicfi ue included in the above and foreyoirg desuiption and h+bend~~m. j
TO HAVE AND T HQtD the ~bow descr~bed a~d yranted p~em~ses unto the taid MORTGAGEE, its successas and ~uqns forev~r. Md tl» wid `
i
KORT6AGOR for - L lY ~~~i, execvtws, administrarori and euigns, hereby cov~nants with the said 1NORTGAGEE, its ~uccesson and ~ugna, ~
~ ~hae tb@Y ~e-- Iawfully sei:ed of the ss~d prem~ses in fee simple: ~hat the same +ra frN, cle~r ~nd dischar9ed ~rom •11 fi~m a~d ~ncum- 1
5 o+a~c~s in Iaw or in equity, and tMt t~ey wi~~ +~d L~lY heirs sMll w~rr~nt and dticnd the title b tM sHn~ to tF+~ s~id .
a ,v~ORivAGEE, in sucuuws and au:gns, fwevrr ~sinst th~ Iswful claims and ~mands of all perwro; " •
~ PROVIDED, AlWAYS ~hat if the MORTGAGOR shall pay unto the MORTGAGEE tiee promasor/ note hereinbefor~ described and shs~1 truly, ~:unptly
~ e^d ~ully perfam, d~~ch+~qt. execvte, compk~e. comply wirA and ab~de bp esch ~nd ewry ~M si~pulations, pre~,~nn, conditioro and cover?~ms of sud
c.om:ssory not~ and of thh Mortyage, tMn this Mortq~ge and ~he Estate hereby aeated ~h+Il cease and be rwll and vo+d_
~ IT IS UNOERSTOOD that 1ht word "Mwrqayp" whether in the fi~yula~ a piwal anywhert in this Mwt9ap~, shall be sinpuia~ if on~ only u~d
~hall b~ plural jo~ntly end wveraily if mar~ than one. K+d that the wad "the'u" ~s utsd ~nywhere in thn Nbrtyaye shall be 1~ken to rrKx~ ..his,.• ..han,`.
~ w..its,° wherever tht conte:t so implies or admits. Alw, that wherever there is • r~ferav_~ in tFw covenann u+d prsements lwr~in conuin~d to a~y o4
~ rhe p~rties l+er~ta, the sarn~ s.~++ll be cons~rued to mean ~s well as ~h~ heirs, kg~l rep~esent~tivts, succcswn and ~ssipm (ei~he~ volunt~ry by stt o1 th~ ~
par~~p a involunt~ry by oper~tion of t{,e law) oi ihe t~ne u~d tFut tt~e covenants herei~ contained sMll b:nd ~nd fh~ benrfin and adv~ntapN in~+~ ~
~ ro th~ rssp~ct~» hein. (p+l repreuntas~rq. wcceuo.s and ~u~9nf of the part~es herero. ~
And s~id Mortys~on. for ~he~mselves ~nd rhei. hein. Ieyal r~pre~em~tivq, succ~ssors and ~ui~ns, hereby joinely a~d severally covsn~nt ~nd p~se
fo and with t!M s~id N10RTGAGEE, itt succestat ~nd auqro:
1. To pay sll ~nd sinyutK thc princ:pal and i~terest u~d tht wrious and sundry wma of ma+tY WY+bI+ bY virtue of sa:d promisswr note, and tha
g ~.wnyspe. ~ach ~nd ewry. prompNy on th~ days respecinely fM sa~ne wwr~lly becar~ dw.
~ 2. To pay dl and siepular tht qYe~, assessm~nn. Iwies, ti~b8ities, obliyafio~s and N+cwnl+r~nc~a of ew.y rwrw~ and kend now on said dacr~d 1
propMy, w tI~M M/NffN rrwy be 'anposed, wfie~eA. placed. 4svied, a ~sses~ed the?~on, a tMt heteaft~? may be lev~ed a u~eued upon thia Morq- `
~ +4~• a tM indeb!edrKa secured herely. each a.id wery, when dw ~~d p~yabl~. ~aordinp a law, b~(we th~y becom~ dsli~,qwnf, ad befa~ ~nr int~s~ !
~ d*tGCFflf OI ~f1r Pt~NNy If incu.red; ~ND INSOFAR AS ANY iHEREOf IS OF RKORD ~HE SAAAE SHAtt 8E PROINPTLY SATISFIE~ AND DISCM/1itGED OF
QECORD ANO TME ORIGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECFIPT OR THE SATISFACTlON PAPER O~FICIALIY ENOORSED
~ OR CER'IFIEO) SH~.LI bE PLACEU IN THE NANDS OF SA~D MORTGAGEE WITHIN TEN OAYS NEXT AfTER VAYMENT; and in the ~v~nt tMt any tl~eof is nof
~ ;,a:d. sat's.`ied ind dixharqed ssd MORTGAGEE m~y ar any tune pay tF~e s~me a a~y pa~t thereo( wilhout waiv~n9 or afFsct~nq anr oprion, lien, eqvity w
•,~i,~ unda~ w by virtue of this morrgaye ~nd tF,e full ~rravnt o~ each •nd ~ve.y such p.~menr sFull be immed~ately due and payabk ~nd shall beu interes+
~•om rhe date thereof unril pa~d a+ .ate of n~ne pe~ centum per ano mR and toqetht~ w:rh such inte~est sMll be sec~.ed by the lieo of rh:s morytpe.
~ aooK194 ~93
.
. :
~ - - . _ - . _ ~ -