HomeMy WebLinkAbout1055 ~1~tA85 :
THIS iN~7ENiUQE. t•~de tM i4th day of lulj AD 19_.11. lx~neen
_Dohald H. Reed and Ethel S, ReEdl his wife
~f - St• t'uCie i` Countr Florida, Mre~naite~ desgna~rd as th~ "'MORTGA(',pR." ~nd FiRST ifDtRAI SAVII~CS A~.L LOAN
aSSpCtATtOM OF FORi PIERCE. • co~pwN~on wpaniied ~nd ea~uinp ur.da ~M taws of ~ha U~~«d Suros of Amer:c• and M~~ng iis p~i~upal place oi
t~~s~ness in tM Ci~y ot F~t P~erc~, Si. luci~ Coumy. Norida, hfrQiMl?N d~ipna~~d ~s ~M "MORT~AGEE:'
WHEREAS 1h+ MORTGAGOR is ;ustly ind~bt~d W th~ JNORiGAGEE in fhe tum o( S23i5`-~Y.t`~!Y guoJ ard taw(ut mo~ry oe the Un tcd
>•aies ~dva~~crd by the MORTvAGEE unto the MORTGAGOR. as er+tJr~xrd by a ccrta~n jxom~uory note of r.tn detc h@IC~A.1{t, OI v~h,ch the lo~lo+.~ng in
..ods ~nd ~g~re~ is • uw c~v. t~wiR
s_ 13, 500.00 ~ 3-19, 208
Fwt Piert~, ftcvida, `Juiy 141 Iq 71
fix vslve ~KC~Y~, I, W0 OI e~the~ o( us, p~om;sc to pay, wi~houf dei~tunon, ro rhe order ~f f7R5T FEDERAL SAJINGS AND IOAN ASSOCIAiION Of
•.~RT DIERCE at Fat Pierce, fiorida, ~he sum of S- 13t5~~~ wnh interrst hom due at ~he rate o! 8!0 °o ~r ancum, ~n mo•~thly in~~all-
~~n as f~:'ov.s: t_ 113~~Q_ tlµ _ lst d~y of$~tQm~I , 19_71 _ end a Gte sum on the co~res~wnd~ry dey of rech mo~~th thrre-
.~^r~ w~id thr v~ItO'G Ix fu~iy pa~d.
fach ~nsra!:~nrnt f~rst shsll be app!~rd in paymtnt of the intere~t and then o~ fhe u~pr:~l betance of ?he pr~nc pal sum If d,•faut~ ;y maJe in the
..-,~~~~r of any :ns~a~tment v.htn d~e, and sucA drfavh conr:nues 3Q davs, then a! the op~~on of tl~e ho:drr, sn~ w,:hout any other no~~cr, ail tV~e •~~~~~a~n,~~g
.•e~:mr~~TS sha~l t~r d~r a~~d payab:e at p.~ce. Pnv~t~~ is ywen ~o prepay this note in whole er in part at any hrne w~thout penalty. Ne:ther tor,:brarartte,
aaep~ance b~ ~he holder ther~f e(tr~ any defavlt i~ ~ny payments hereon, shall Ix deemecf ea~ens~o~. A late peymenl chr.ne oi S 5l65 , shall be
d to cacfi ~ns~e~lmrnt remaininy unpa~d f days aOer iri dw d~te, ~r+d a t~ke sum shai7 be addrd ro each wch ins~allment tern~in~n9 u~paid 7 days altrr
~.,.h iLCCled~rl9 pdymenl dat!'
Each make~, s.,rety ~nd endone~ he~eof, joinHy and seve~a~ly, wa~ves demand. presenrm~m p~otcs~ and noti~e of protesl for r.onpayn~.~nt, and funhet
e.:~+es ro eny r?rens~o~ of hme of paymeet, either before w after muwiry, without not:~e to sn~ o( u:; ar.d eo pay al! tosts of co'lecr:on, inc:~d ng a
,.~r•..u~e srroJnry s iee m the evem of any defauit hereunder, and hereby seve~ally waives ail be~efit of fiomrstcad a~d eaempv~on ~nder ~he consr~tutioo
..s 'av.s of each Stat~ of the Umted Starrs. as a9a~nst this obl~gat~o~ w any ex~ens~on or rrnewat he~cof.
W~rness ehe hand and xal of each ps~ty.
s/Danald H. Reed ~sEwi~
- lSEAI)
s/Ethel S. Reed (SEAI)
$ ZO. 25 ~ stue a~„«,ue • tsEl?u
NO',N. THFREFOAE, the MORTGAGOR fw the purpose of securirg paymcnt of s~~d sum of S 1315~~~ ~nd the perfwmance of ths
.otiensnta and agrceme~?s he.~~naite~ exp.essed, and tw d~vers 9ood and wtwble cons~de~~tions, by these presenra, does gram, ~ar9a~~. seR, r~m~se,
e=se, cen~ey ~nd c«,firm uroo the MORTGAGEE, irs tuccesw.s ~nd ~u.gns, ~ll tAaf ce~tdn tof, piect or parcel of land, sitwte, ly~ng, and be~ng in ehe
:ounry of $t• Lucie and Stat~ of Florida, dew~bed ~i follows:
Coaaencing at the Northeast corner of the Northeast 1/4 of the Northeast 1/4 of
the Southwest 1/4 of Section 20, Township 35 South~ Range dp East~ run thence
South 14 feet to the point of beginning; thence turn and run Wcst along the South
boundary line of Cortez Boulevard 100 feet to a point; thence tuxn a,nd rwa South
185 feet to a point; theace turn and run East 100 feet to a pointj, hence tnrn
and run North 185 feet to the point of beqinning of the tract herein conveyed~---
c
RfCEi1'~D t~~- - _ IN PATMIEM OF T1U(ES
5 f'.: 1 E- F- U Fl 1., .7, D'!E t:•: ^~~;5 ~C' INT~.NGiBtE PERSGMAI, PROPERT1f,
V i-~- -~'TA-~`' ST.. i:..( F•. 0 t'~~.P'-R 2Q724, lrCfs OF 1941.
J Z - - . rrrr.ts c~,.~ c~«~~t co~rt
~ - __3ti?i
V _ _ f-~2 ~ 2?~ a5 A~s'~t ~ t C:.fJ1=L IV. KiiCWLES, 1R. _
N ~ " ~ . = "t lu.ie fau t; Taz Co!lector
pL~_:-.,it' ~f?=-== - 7 `1
~y ~~u..C~.G C . ti ~!t-Q_-~
DEPUTY ClER1(
c~e+her w~rh •tl and s~ngu?a? tM tenerrKnts, hered~qmenn +nd appurt~nces tMreunro belonying o~ ie ~nywise ~pperqinin~ therero. and all rents, iasws.
:.-cceeds and prof,t~ accru.ny and to ucrue from ssid prem~ses, ~It of which are included in tFw sbov~ ~nd foregoiny dexription •nd Mbend~m.
TO HAVE AND TO HO~D the above descr;bed and grantcd pemises unto the s~~d MORTGAGEE, its ~uccasors u+d ns~gns forevH. And tM said
their
'+~RTGA R fo~ heir~, eaecutws, adminii:rators snd •~iigns, hereby covenanfs wi~h tM s~~d MORt(;AGEE, its ~uccessors and ~ssigns,
te,yare
s• - - ~~wf~ily seued of th~ said prem~us i~ fee simple: that tM sam~ ue fr~s, de~r ~nd dixharfled from ~II liens artd encum-
.•ances fn t~,n o~ i~ p~~~y, and tha~ tbey will and _ theiZ _ heirs ~MII wurant ~nd de4nd tM tirle to th~ ume to ~he sa:d
v:RT~,AGEE. ~i• succesw.a aod ~~spn~. lorever painst rh~ lawful cJai,ns ~nd dem~nds o! atl peraons;
PROYfDfD, AtI~AYS rMe if rhe MOATGAWR sti~ll p~y umo the MORTGAGEE tM promiswry ~ote hereinbefw~ dexnbed and sFull truty, prompdy
s~d f~~'~ pc~fum, d.sch~r9e. e,~ecvt~, compl~f~. compiy w~rh •nd ab~de by each and tvt/Y the ~tip~la~ions. ~yr~ements. tond~tipns •nd co~~nants of s~~d
_•~m.:ssuy .wte •nd of +h~s Morrp~ye. th~n rhfi Mw~spe ard rM E~ure he~tby v~~rcd ~hd! cea~ ~nd b~ null and voui.
tT tS U?1DfR5TOOp that tFv word "Mortypor" whether in rl+~ sinqubr or piwal ~nywhe:~ io ~h~s Matgafl~. sh:tl be sinfl~l~r ~f or,e-onlv W,d
v~ i Ge p:wal p~mly •nd sevsr~Ily i} more thar, on~. ~nd tFut the wwd °th~ii '~f u~ed ~n~rwMrt e~ th~f Mort9~y~ shall be t~4en ro me~o "l,~s... ..Ivrs .
•'.~s.' ..F.ere.er the co~~e.t w ~mp6es p~dm~»- Also. IFai wMnwr ~here it • r~t~rrnce in the cownanb •nd ~Q~~emenh he~em ce.^.~~;ned ~o ~ny o1
e yrr,e~ ?,erero. the ~rn~ tMll ~ conarrued eo me~n n well •s ~M htirs. Ipd reptsenutivn. succ~ssors ~nd us~gni (eith~r wlvn~~ry by ~c~ oi t?y
:.e•t.et a.nro:tintuy by op~r~+wn of tM I~w) o) rAe ~~me v~d ~h~r ~h~ coven~~~s her~m con~~~ned tMll b.nd and ~M btnefiq and adv~nty~s ~~ure
T~.e r~sFecr~.e h~:r~, iiyd r~presenr~rwst. tucce~w.~ end ~irqns o1 tM p~ruts Mr~ro.
f~~d u.d lV.crfVapors, iw r/~tmu~vn ~nd ~Mir Fwin. Ipsl r~pr~~~m~1iv~~. sutc~ssas ~nd ~s~~qnf. h~r~by ~om~t~ •nd stv~~al{y cov~nam and pree
:•nd r,,,th •FK t~~d MORTGAGEE, na svcc~udt ~nd ~~t~qns:
1. ip y~~ •!I •nd nngui~r tM pnrX~p~l •nd ~nra~at ~od ~h~ r~rw~s ~nd ~~~y ~um.~ ol mon~y pay~bf~ by vu~w of u~d p.o.msso+r nor~. •od ~A.~
^.~.++~~Qe, e~cF. ~nd •v~r/. prynprly on t?» d~y~ r~~p~cnvdy tM i~rrw s~v~r~lly becom~ dw.
? 1o w~ •D ~s,d i.opvlM rM t~~q. ~1Mf~m~M~. Iwi~t. Ii~b~btN~. oWiQNiom ~nd ~ncumbr~nc~~ ol •wry naw~• ~nd ?ind oow oe ~a~d d~ur~bed
;.•c,~e•r~. a rn~~ ?,~.~~h~r m~~ b~ .mpos~d. w(f~r~, pl~ced. I~v~~d, a~sa~safd ~he~eon. w tM~ Mr~~lt~r m~y Iw.~d a•~a~sed upon thi~ MonQ.
•~t. w tir K~~ I~M~/ {~(V~~ ~I{D~. •~ch ~nd ~r~ry. wM~ d~. e.d R.ybi•. «co.d~~p ~o I~w. Ir~la• IM~ t~cwn~ d~bnqvam. •nd tNlo~• •ny inr~r~s~
~ [~e•~~ ~s ~M•.r.eJ, i~NU 1?~yJiAR AS ANY (HtRkUf IS Of RlCORU IHf SAME SMAU SE FRl)MVItV SAftStltD A~IU C~ISCHARGE~ l~~
%~"i~L f~.L !HE !i~If.:t.At f~ii1(Ul U,X.UMENf ~SUCH AS. fOR INS/AHCE. tNf fAt( YfCllf~f (lR iNE SATtS/AU1(?N! 9AFt4 O//lCIAtlY !N[~~QSt(i
'.%'~i'i~)fF~, ;HA(~ SF i~ArfD i~~ tHf NAr~US O~ S~1~U Mt~RI(,~Gt! WIININ t[N DAr1 NElti AlllR PAYMfNI, •.x) ~n ~he s..~,t +l..~ a•.~ U.e~.of ,s
..•7 a~~t~~wd r.d d.y•~~•y~d a.d ?d~iPt~~A~iff m~~ •1 brn~ ~.~y tM ~~rr.~ o~ •ny p~~l Ih~rwl w~tlxwl wa~~uw o~ ~Ilnr~~p a~•~.an. I.on ~q.~~t? w
,.d?. •w b~ n•t.~~ i~~ 11..~ ..~,•rV~y~ •rr1 N.~ f.~l! ~.n~nl U~ ~~eh ~retl ~w~/ ~utb ~r~y.n~nl lb~ll Im un.nethal~!} d.•~ ~•.d pa~ald• •n~/ •h~ll b~a~ •n1~~~f~
. a d~•• ~:.~.~i.1 :~M•t r~t• t~{ •,.ry ~,~r tenlvm p~r •nnvm •r.~ r ~qqr v,,,lh Wch ~nbr
•I~sll ~sn.r~d 1.? It.~ .,1 tl, ~ rnu.Vt~y
4 . . . . ' ~ 194 1 ~55
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