HomeMy WebLinkAbout0975 ~13~30
TN:S INOENTURE. M~de 19th day of ~uly A.p. 191.~ , bctwcen
_ ^ Robert C. K~nowles and Glaays M.. Knovrles. ~~wifi ' ~
~ . , .
af r SL . I.UC~@ ~~p~nty FIa~tJs, hc~e~~afte~ designated aa the "MORiGAGOlt." a~id FIRST FEDEkAt SAVINGS AND tOA?d
AS~OCIATION OF fORT PIERCE, ~ co~porano~ orga~~zed and exis~~na u~+der ~he Isws of tlro UR;ted S~a:ai of Amrr~ca and having ~n p~incipal pl~ce of
b~s~neas in ~he C:ty of Fort P~e~.e, ~t. l~ue Coun?y, Hwida, hereinaf~er d~signa~ed as t}?~ °MORiGAGEE:' ;
1~ 7~•~
WHEREAS the MORiGA;sOR ~s justiy i~debttd to the A10RTGAGFE io the aum of s__! good and ls+vful money of the Un.tcd i
S+ares advs~xed by the 1~!JRi"AC,EE unto ~he h~pRiGAGOR, as e~~denccd by a certa,n pronuisory nate of e:en d.~~e 1~rrr.~+rh, of wh~ch ~h. loilowirg in
hords and figwes is a rr„e cop~. ~ow~i: j
S 10~7'00.00 No~~,.7~221
iwt PiQrce. Fior~ds. '~~ly 1'9 19 ~l
fa valwe rec~ived, 1, we or erthe~ of ~s, prom~se to pay, v~ithoul defa!ca~~on, to ~1~ ord.r of FIRST FFDERA~ SAYINGS ANU tOAN ASSOCtATtON Of
Fi~2T PIERCE at iort P~rrce, Fionda, the sum ol s__ 20~7~!~___ w~th in~erest from date at the rete of 8!.ZSo pe~ an::~.n, in mo:~~hly insrall-
~-~~~s as fo:!ows: 3- on thr _23L_ day of _~PLe1~eY 14 .?1_. and a like s~~n on thr co+reafwnd~ng day of e,+:h mouth there- :
ett~r unt~l tF~e whO:e !x ful:y re~d. -
Eath inst.:~mtnt fi:s! shell bn a},y~!~ ~ in payment o1 the intrrest and th~n on the ur.po;d balan[e of the princ pal sum. 11 drfa~h i3 made in the
;.~,ment of any ~nsra~:n,r~~r whrn due .,nd w;h do~a~ir connnvrs 30 days, ihen at che op+~on of fhe hu;d~•r, and ~~•ithu~~ any othar ~o~.ce, a11 fi,e ~emain,ng
~.:11'd~L19@(11f ShdR ~2 dJ@ and F~y3t'.a a~ or~ce. Pr.vur3e is g~ven to prepay this note in who:e or in pa~r at any n•nr w~tho~r pena:ty. Nr~ti~e~ }orebearantr,
nor acceptanct by tht ho:drr thr~r~f aft..~r any defauit ~n any paymeNS heteon. shail be dcemed e:tans~on. A tate paymeM charyE ni S 4! ~Q .;hall be
.•:i~_•d to each ~nira :•nrnt re~~a~n;ng unpa~d 7 days aiter its due da~e, and a t,kc sum aha!1 k~r addrd to ead~ wch ~nstai:mant remain~ng unpaid 7 days aitrr
rsch svcceed~ng pa;n•ent date.
Eath maker, s~rrty „~id cndorsrr he+tof, ~o~ndy a~~d atveraily, waivei drmand, presentment protcst end no~~ce of p:otrs~ for no~~}~a~~n~M, and fu~ther
a~rces ~o any @it@I11~0~~ ui t:~.:r of po~ment, e~t+,rr ~lo:e w aitr~ mawnty, wi~hout noc.ce to any of ~s; end to F~ry a!! c:.sts of ~~'~rc+~en, inciud:ng a
++onabit atto~rky's fee +n thr e.~-:» of any d~•iau:t nere~nd=r, and he~eby serera;ly wai~es a!; ben~fit of h:.mrst~ad and ra_:np!!~n u~~cic~~ Ihe constit~tion
r~ a taws of eech Sr3Tr of rnr U~~~Ted ST,~'~n. .~s a3.+~nst th~s ob:~geGon o~ any ea~enf~on or rrnrv a2 hereof.
W~tness ?he hand and seal of eeLh Adtty.
/s/ Robert C. Knowles ~ai~
(SEAL)
s Gladys M. Knowles (SEAI)
, $16 . OS ~~A~~
a Stafe Revenue
NO'J~/, THEREFORE, the MORTGAGOR fot the purposr of sccv~ing paymtnt of sa~d sum of S I~~ 7~ and the performan~c of the
covenanh and ag~eements her~~nafter e¦F«ssed, and for d~rers good and valvabie co~siderat~ons, by these presents, does grant, bargain, seit. re~n:se,
•~•:ease, convey snd confirm ~nto the M~RiGAGEE, irs successws and ass;gns, a~1 thal certain lot, piece or parcel ot bnd, sir~are, lying, and be~ng in the
:ounty of _ ~t. j"uCie ~nd Sute of fla~da, deuribed •s fotlows:
Lot 9 and the South 1/2 of Lot 8, Black 1, ORANGE PLAC.E
SUBDIVISION, ss per plat thereof recoraeci i~n Plat Book S,
page 9, public recoros of St. Lucie C:ounty, Florida,c/
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rcg~,.~lr w~th all and s~ngvlar rhe tes~emensi, :e:~,::«:.a^!: dnd appurtances thereunto betonging w in ~nywise appertaining thereto. and •II renrs, issues,
c~ocee~,s and prof~ts accr~,-,g and to sccrue from said prcm;ses, a11 of wh~ch aro inciuded in the above and fwegar~g deuription ant! hsbendum.
TO HAVE ANO T HptD the above descr~bed and gnnred prem;ses ur.ro ~he aaid MOR7GAGFF, its succcsso:s ar.d assigns forever. And tM wid
v!ORTGA~
R for t~1z he~rs, execu~o~s, adm;n;srrarors sr+d ass:~nz, hereby cove~ants w~~h the sa;d MORTGAGEi, its tucce~so~s i~d augns,
•~ae "_ey aIe _ tawf,.Ely u~zed o~ +he sa~d prem~ses ~n fee s~mFle: that rM ssme arc (ree, ctear and d~xharged from ~II I~ens and encum-
orrnces in Iaw a in eq.,~ry, ar+~ ~na,__ they w;~~ a~ _ LhelY he;cs shall wsrrant •nd defend the titie tu t6e same ro the said ~
trORTGAGEE, in successors and ass~gns, forever against the iawful ;~aims snd demands of all persons;
P20VIDED, AlWAYS that if the MORTGAGOR shall pa~ unto the MORTGAGEE the promisswy note hereinbefore deuribed snd thall truly, promptly j
a~d fulty periorm. d.xharqe, ext.ure, complete, comply w~th and ~b~de by each and eve?y the stipular~ons, sgreementa, conditions and covenan~s of said ~
~ro~r.~ssory note aod of thls Mwtgage, then this AAwtgage and the Estare hereby created shall tease and be nu!1 and void. " ~
IT IS UNDERSTOOD +h~t ~he ~vord "Nbrtgagor" whnther in the s~~+gular w ptural anywhere in thcs Mortgsge, shslt be s~ngular ~f o~u only and
iha!t be plural p~ntt~ a:xf sever+;ty if more rhsn one, ind that th= wo.d "~heir" as used ~nywF~ere in th~s Matgage shall be take~ to mean "his:' '"hen," ;
o~ "its;' wherere? the c9ntext so ~mpGes p admiis. Alsp, thst wherever thcre ~s s refe~ence in the covenants and agrerments here~n conHined to ~ny of
•he panies hereto, the same sha~l be consrr~~ to me~n as weit as the heirs, kgal representativ¢s, ~uccesso~i ~nd assign~ (either votunrary by act of the
part;es w inwo~unt~ry by operat~on of she lawf of the same and thst the covrnanrs herein contained shall bind and tne be~ef~ts and ~dv~nrages inw~
ro the ?eapective he+rs, legal represcntat~ves, successors ancl asrg~a o~ the part~es Mereto.
And ssid Mutgsgo~s for themselves and their he~rs, legal repreuntat~ves, si~ccessors ~nd ~ssigns, hereby joinrly ar.d serrrally c~venant •nd iprte
ro ~r+d with fhe sa~d MORiGAGEE. ~fs svccessors and ass~grn:
1. To pay all ar.d s~ryu:a: r~.e p:erx:pal and inrerest and the var~ovs and ~undry sums of money payable by vir~ue of said p~om:sswy note, ar+d this
mv.ty~ye, each and everY, p.omptty on rhe daps respea~vely the s~me ser~rally become dve.
2_ To pay •II and s~ng~lar the ~axes. ~ssess~r+enn. Isv~es. I~~biti~ies. obligarions snd encumbr~nce~ ~f every natv~a and k~nd raw on said described
prpprty, or tha~ he~eafter nay be ~mposed, suffered, plxed, leried, a assessed thereo~, p that hereafen may be lev~ed or assessed upon thi~ Mort¢
sge, o~ tM indebtedness sccv.ed hercby, exh ~r~d eYery, when tlue •nd p~yable, KCOI{~i~ ~o law, beto.e they becomc detinqve~t, and befwe any interest
e•+aches a•ny penatfy is ~~+cu~~ed; A~iD INSQFAR AS ANY 1HERFOF !5 pF AKORQ TME SAME SHAIt EE PROM.PTIY SATISFIED AyD OISCMARGED OF
REtORD AND iNE ORIG~hAI OFfICtAI OCXUMENT tSUCH A5. fOR iNSTANCE, iHE TAX RECEIPi OR iNE SATI$FA~TION PAPER ~FFICIALLY ENUOR$ED
OR CEQTIflEO) SNAIt BE PIA~[i'i iiv iiiE N:.P:^v:s'JF y?ID MORTGAGEE KiTHIN ifN DAYS ~JfXi AFTER PAYMENi; and in the ewenl lhat any thereof is noi
~ r 7, sat ~f,~ and .:,stba~qtd sa d MORiGAGEE may at any nme pay the same p any part thereof w~thovt wa~v~ng or affecting any opr,pn, litn, eauity p~
•~~i,r vnde~ or by v~~r~ of th~s ~*~o•'g+qe a~d the fvlt •r,~r~nt of e~ch and ever~ s~ch payrr~ent shal{ be ~mmed~atety due artd paysbte ar+d shall bear ~nteres~
'•o~.+ ~he date tht~eof unnl prd sT ra+e oi ~,ne s.e~ ce~tvm p~r inn~m and toge~her w,rl~ s~,ch ~me~eu s?~all be sec~.ed by the ~:en of ~h s meryta9e.
_ a`.~~f 1y4 975
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