HomeMy WebLinkAbout2299 213966
THIS INDENTURE, AMd~ th~ 1Uth d~y of AuC]ufL ,r A.D. 14~1, b~~recn
Wi l l iau C. t~brse l l and Gsace wetre l l, hi s wif e ___i
of $t • ~-LC1E Cou~ty fbrida. hae~uftN desg~+ted as the "MORiGAGOR." and FIRS~ iEDERAI SAvINGS A!~D IOAN
ASSOCIATI~h OF FORT PIERCE, • cwporat~on or9anlzed ~~d exis~inp undN fM I~wf of tM Vn~ied Su~~s o} Am~rK• ~~d having i~s Ft~~KiPOI p:ace of
busin~~s in tM ~ity of fo?t PiKC~. St. luc~ County, Florida, h~rainafter d~sipn~t~d ~s th~ "MORiGAGtE"
WHEREAS tFw MORTGAGOR is jus~ly ind~bted ro tM MORTGAGEE i~ the sum of s 14~ 600• 00 ~~,w{ul ma~ry oF the Un•~ed
S+ares advancrd by the MORiGAGEE ~nto th~ MORTGAGOR, ~s •v~cirncrd by a cr.tam prom~ssory note ol evcn d.+~e herew~th, ol wh.ch tt~e lo~low~~+g
~ords and f urei ~s a trw copy, to-wit:
z 14~60~.00 3-17,303
fw~ P~.rc.. ?io.~d., auqust lo ,9 71
fw val~a received, 1, we o~ either of ~s, pro~*+~se to pay, w~thout defaication, to the order of FIRSi fEDERAI SAVINGS ANO 10.1N ASSOCIATION Of
FORi PIERCE at Fpt Pie~te, Florida, lhe sum o( j 14 ~ 600. ~ _ w;~h interes~ from date at the rate of °o pcr anr.um, in monthl~ instalt•
:•,en~s aa fol'ows: t__ 123.~ ~ t~ ISL ~y of Oetober ~q_ 71 ~ Ifl~ sum on the co+rrspw+d.rr,~ dav of each momh there-
~nc~ u~~t~l ~hr whole be }ully paid.
Each instalimem first sha~t be applied in paymeet of ths intrrest and ~hen on the unpa~d balance oi ~he priru:pal suT. ~1 del+ult is made in 1he
; a,•rrnl ot any ~nstallmero when due, and such default tontinues JO days, then at the option of the hoider, and wuhout any o~h~r notite, all the rrmain~ng
~~itall,n~n~s shall tre d~e and pa~ab~e at once. Privileg~ is 9iven to prepay this ~ote in whole w in part +t ~ny time without penalty. Ne~ther (arbeuance,
~~or acceprance by the hoider thereof a(ter any ~fefa~It in any paymems hereon, sMll be dcemed e~ren:ion. A ~are payment charEr of S 6_:1S , sha11 be
.~.i~rd to cach ins~aliment remaining unp~:d 7 days afr~r its dw date, and • Iike sum shall be added to each such ~nstailmen~ re~~uining unpaid 7 days aftet
rath sutcetding paymtM datt.
Each makcv, surety and e~dorse~ hereof, jointly and severallY. waives demand, presentme~t protest and no~ice of p.otest iw no~~payment, and further
a9rees to any extens~o~ oi time of payment, eithe~ before d after maturity, without notice to any of us; and to pay a!1 costs of co:lecrion, i~~cfud.ng a
~<-.+sonabte arrornry s fee in the event of any defa~tt I+erevnder, and Mreby severally waives sll beoef~t oF homes~ead and eatmplion ~:~der the con~utution
.,~~d laws of eacfi Srafe of the Un~ted Saus, as aga~nst th~s obl:gatia+ a any e~~ensbn a renswal he~eof-
~
W~rnesa the hand a~d sesl of each per~y. •
, /s/ Wi 11 iaa C. Worre 11 ~Ai~
, _ ~ t : : . .
. tSEwU
/s/ Grace s.brze 11 (SEAU
ts~)
~ $21 .90 ~ st.t. R~v.~w •
~ ' 14 600.00
NO'JV. THEREFORE, the MORTGAGOR for the p~:rposs of sccviing p~yment of said sum ~+l S ~ ~nd the performance of ths
covenants and agreemenrs hcreinaFeer eap~cssed, and fw d~vers 9ood ~nd v~lwblt cons~der+tior:s, by these presen+s, does grant, barga~n, se11, rem~se,
re:eese, convey +nd conf~rm ur.to the MORTGAGEE, iri •xceasas ~nd assigna, a11 ~har cen~in br, piece or pucel of land, s~tuate, lying, a~d beug in the
County of St . 1.11C le ~nd Sute oi Fbrida, dewibed •s follows-
The East 40 feet of Lot 37 and the ~est 40 feet of Lot 3b,
Block 3~ of N'AGNER 5UBDIVISION, as per pZat thereof recorded
in Plat Book 9, page 74, Public Records of St. Lucie County,
Flozida,~ '
i
~ f - G
~ ~Uf OM C1AS$ •C INTAt~G:BLE PEn^SnYA1EU• Oi i
W STATE ~F H L t~ R i t)A ~~UA!'II TO ~;.;~R : NA~ ?~P ,
e~ ~ DpGUN[ENTAo" ~STAMP TAX ppli~, ~?~Za, ,r,~:s e~ ERn
~ ~ z _ = d....,,,, _ ~AS. Clerlc Circ t C,~u I~ai.
~ - ~uGi3'ti = - as A^~~ °i n
' c --.t fot OANIEI N. KNOti/1ES
° - ~ ~ 2 ! 90~ .
v~i ~ ~c~r.c~ ec+~~uc; -Y''':. - _ ,,t ~~ue Cour,ry Ta~ . 1R
- Callccto?
?.&~•~.st. - -T=- sy ~ ` '
__1~~i~-~ -
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~ooe+her w~fh sIl and si~gul~r the tenements, h~red~t~menb snd ~ppurtu~ces therew~to belonpirg a in Mywise appertainirg therero. •nd all ~ents, issues.
p•oceeds and prof~n accruiny •nd to accrue from s+id premises, all of which ~r~ included in the abov~ and foreyanp descriptian ~nd Mbend:?m.
TO HAVE ANO i HQID the above dew~bed and 9ranted pemises unto the said MORTGAGEE, its successon snd suiyns forev~r. Md tFK said
MORiGAGOR fp --L~li he;rs, executors, ~dmini~rratori and assigrts, hereby covenanb wirh the said MORTGAGEE, its successors and au~+s,
rhat -~~g-y t~wfully se~zed of tM s~~d prem~ses in fee simple: ~hat tM samre ars frK. dear and dixharged from ~II liens ~~d encum-
o~u+ces in law w in equity, and that_ Lhey will and the1Z heirs inall wsrrant and defend the title ro the ~me to the said
MORiGAGEE, itt succeuws ~nd ass~gns, foreve~ a9ainst tF+~ Iawful ctaims and demands ef all pe~sons;
PROVIDED, AIWAYS thst if ~he MORTGAGOR shall pay unro ths MORTGAGEE tht promisaory note he~e"u+befwe dexribed a~+d ihati truiy, prompny
and f~lly perfwm, d~xhsr9e, e:ecute, complete, comply with and sbide by e~ch and every tFk itipul+tion~, preements, cond~riona and covenants of said
prpmiflWy nofe and oI this Mutgaye, then th:s Alwtgye and the Est~te her~by ueated shall uas~ and be null and w~d-
IT IS UNDERSTOOD tMt the wwd "Mort9apoi' whcther in tM sinyular or plwal anywh~rt in 1l~is Mortga~e, shall be s~n9ul~r if one only and
sFall be pl~ral jointly and severally if rtare th~n w», and that th! word "their" ~s used ~nywhere in this Mwty~Qe shall be tsken to me~n "his.`. ..:~ers,•.
or "its;' whe~ever tFw conteat so implits a admits. Alto, rMt wherevN there is a rsference in the covenann and ayreemenri herein contained to ~ny of
~he p~rties hereto, the same ahall b~ construed to mean ~s well as tM heirs, ley~l represenutives, successon •nd assigro (either voluntary by act of the
partiq a invotuntary by oper~tion of the taw) of the s~me and that the cov~nants here~n conuined shall bind ud the ber?ef~n and adv~n~aQes inw~
~o ~he rppectiv~ hein, ie9sl represcntativq, successors and au'9n~ of the p~rtiq hereto_
And said Mortypo-i, for themselvti ~nd their he'ws, lepal repreuntativss, wcc~ssors +nd ~ss~yns, hereby joimly and severally covenant and ~gree
ro and with the said MORTGAGEE, its successws +nd aagns:
1. To pay all ~nd sing~l~~ tF?~ principal and inte~eit ~nd tM wrian ~e+d sundry sums of nwneY paY~ble by v[nue of s~id prom~sw?y note. snd this
r.arfya~e, each and every, prompt{~ on tFM d~p respect7v~ly tM saine s~v~rdly becoin~ dw.
2. To pay ~II and sinpvla~ tir u:d, as~essme~q. Iwie~, li~bilities, oblipations and encumb~~~ces o( evcry natwe ~nd ki~d now on s~~d described
property, o~ tMt hereafta may be impwed. s~ffered, plxed, levied. a~sscsted thereon, a that h~reaite~ may be Icv~ed a~ssessed upa~ this Mort~-
age, a the indeb~edness ucured hereby, t~ch u+d ~very, when dw and paysblt. +ccadirg ro Inw, befwe tl+ey becan~ delinquent. ~nd befwt a?y intHes~
a~taches o? ~ny penalty is incurted: AND INSOFAR AS ANY THEREOf fS OF RKORO THE SAME SHAII dE PROMPiLY SATISFIED A~1D DISCHARGED OF
REGOR~ AND THE ORiG1t~Al OFfICIAt DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PA?ER OffICIAItY ENOORSEO
OR CERi1f1E~) SHAIt 6E PlACEO IN THE HANDS Of SAIp MORTGAGFE WiiHIN TEN DAYS NEXi AfTER VAYMENT; and in the event ~hat ~ny tF.e~eof if nw
pa~d, f~t sfied ~nd dischirged sa'd MORTGAGEE may at sny t:me p~y tht same or any pa?f thereof witFw~t waiv~ng w afFecring any pprion, lien, equiry a
~~qht under w by vir~ue of this mortyaye and tl~e full ~movnt of each ~nd every such payment ahall be immed~~tely due and payable ~nd sMll be~r interei~
~.om rhe date thereof vntil paid at r~te of n~ne per centum ptr ~nnum ~nd topNher w~th suth i~terest shall be uc~red by the lien of tA s morg!pe.
~ G~;r..
~ ° R 194 2~98 ~
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