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HomeMy WebLinkAbout2840 214~3 y bt.21 ~t A.D. 19_?~ ~~Neen THIS INUENiURE. Madt ttK___ c'~y of ~ Winston d. Speara and 1Cathleeo f~. S~ears~ ~s xife o( St.. L11C~_!_ Covnty Flor~da, hcre~na(rer dea~g~~.urd as the ' MORIGAGOR," and iiRST ~EOERAI SAVINGS 'AND lQ~?N ASSOCIATlON OF fORT VIERCE, a ta{w~at.on organiird and ea~s~~nq unde~ the laws o( ihe Unrted Statis of Amenu and having its principat pl~t oi b~s~ness in ~M City o( fat P~ace, Sr, lucie Cw,nty. Flor~d~, hereina(ter Jrs~gnated as tM "MURIGAGtE:' WMFREAS the MORTGA(;QR is ~ustiy ~ncirbted ~o rF?e MORiGAGEE in ~hr sum cf S- --16~~~~~- 9ood a~d lawful money of thr U+~.tcd ~+aref adva.ued by thr ldJRie;AGEE ~nro the hlOkiiSAGOR, es nv~~s~•~~c:d by a cena,n ~>ro~eussory ne~a of ~.rn ci.,rc I~r~e.,.~Th, ol wh;ch tt~e foilowing in ..ords and 6y~res is a t~ve copy, ~o-+v~r. ~ s t 6,000.00 LN, -17,290 ~ For1 Pierce. Flor~da, _ ~u~st v 19_!! _ for valve rece;vrd, 1, wr w eirh~~ of us, ~;rom~seL to pay, withouf drfe!ca~:on, ro ~he crder of FIR51 FEGERaI SAVItiGS AND IOAN ASSOCIATION Of ~ ~OBT PIERCE at Fwt Pierce, flwidi, ~he sum of s_ 1v~~0~~._--- _ y.,th et~+~n.at ho•n da!c ot the retr of -7flJo prr a:uwm, in uw~~th;y instal!- ~ -•r~.~s as foL'ows: S- ~,-2-~ - on ~he ~ at! day of _~CAm~@r , 1q T~_ and a I;Ae iu:n o~ ti~ cwr.~~wnd•ng day of each month there- ` e:rrr ~ntil thr whole Gr fufly p~~d. ` Eath instai~ment First shaU 6e o}r.~!itd io pey~nent o1 thr inta~eet anJ ~he~i ~n !i~r ur.}:..:ci ba'ence• of !he prm. Nal sum. If dafau!t is made in lhe ;.i,~n~nt of any mstallrnent wlkn d~e, .,r.d w.h ArFault conr~nvts 30 d~ys, ~hrn at thc o{~T~~•n of the !:o.der, and wilhoot an1 other nohte, ail ti~e re~•~ainmg 1 ~~stafiments shail be d.rr and pay~v'e at on~r. P~~vue~a is giv~•n to µepay this oore in whole or ~n par! at any t;n.e w:tr.~ut F,enatty. Nr~t~~er forebear~nce. ~ nur ~cteptante by t?+e holJer thrrruf a1r,.•r a~ry d~•fiuit in any p.iymrn!s hrtro'~. s<<.~I! be d^rr.,ed ea~~~r~i~cn A!ate pay~r~cnt charge o1 S d~~ s1~a11 be yd te each insrel•n.rnt ~e:naini:ig ~r~a.d 7 deys eiter in d~e datt, and a~~wr aur+i sh~!i !x .,d.lrcl tiu ca:h w:h ru•~~•n~rnt rC:ne~ning unpai~ 7 days aftet ~ cach succeed~og Pa~n:e~t d~:r _ Each ma?er, a~rcty e~xi rndorarr he~eof, ~o~ntly and severally, warvcs d~••~~~~~d. pr~•s»~~+:~~~nr pro:~•st a~~d nor :e of p~ot~•st for nonE:ay~n•_nt, and further ~ agre~es to a~y eitena~on oi r~~~~- of pay~~~nt, e;thrr brfore o~ aftrr marunty, w~rF,out no`•co to an~ ol ~s; ~•d ta ail icsrs oF co'1cct~on, inc~ud,ng a ~ r.~es~nav.e atto:~cy s fee en the ev~n~ ot any def,~~'t he~eundr~, and hereby sr.era!;y ~na,~es a•.~ ben~•!~t of,hnn,~~et~ed ond c.~~:~~ptioei under the tonstdution ,.d laws oF each Stare ot the U:!~~rd Stetrs, as ag,.:~~st th;s obt~gat~on or any exerni~on w r~~,rv:a! hcre~f. ~ W~ness the ~and and seal of each part~. s/ Winston G. Spears ~ai~ (SEAtI s Kathleen R. Spears ~Aq ; cs~w ~ ~4~~ S!ate Revenue NO'~U, THEREFORE, ~he MORTGAGOR fw the purpose of secur~~g payment of said sum of s ~ o~Q~~~ , a.~d the perfamsnce of ths covenrnts ~nd ag~ee-*~rnrs hrre~nafter expres:ed, and for divers good and val~ab!e cons~de.ations, by tF~ex presents, does grant, barga~o, se~~. rem~se, reiease, convey and conf~rm ~nto the h10RiGAGEE, its successors and au~g~s, a11 that certain lot, piece or parcel of land, sit~ate, lying, and being in the Co~nry of and State of Flwida, deur~bed as follows: Lot 19, B1ock 2l~5, PORT ST. I.UCIB, S~GTION 6~ as per plat thereof on file in Plat Book 12 ~ Page 36A, of the Public ~iscords~of St. Iucie Cairity~ Florida, ~ ' rr~c~n ..7. ~y DUE OM CiASS 'C INi IN PAYMENT OF TIU(E; i ~1RSl1AHT TO CWIPiE ~~2l, ACi~Of 194`;OPERTY ~ ROGER PoITRAS. Clerl~ Grtuit Court ~ - , W S T H I t'' r- ~ U F~ ~ u a ~ ~8ent bt OANIEL N. KMpWIES, JR ; ~ r DGCU~fcP~~„': _~;T:.~~'.?~ T_X St Lucie Cour.ty Taa ~ ~ - _ :...L;. - _ caienw "l ~ _ 'w~il~~l : `f ' - Q.. i ~ ° = _ _r~~2 ~ 0 0 = ~ ~a ~ ~ - ~a.~,o~~t ~ ~ r~gethe~ with all and s~ngvfar the tenements, hered~taments and appurrances thrreunto belong~ng or in anYwise ~Pperta~ning thereto, ~nd aIl rents, issvea, ~ ~+oceeds and profits sccru~nq and to accwe from said prcmius, ail of which are ~ncluded in the a5ove a:.d foregoing dexription ~nd h+bendum• TO FU~VE AND TQ~HOlD fhe above described and granted premises ~nro the sa~d MORTGAGEE, its successors and assigns faever_ And tM said N10RTGAGOR fu ---Ti--1r---_ heirs, eaetu~ors, admin~strato~s and assigns. he~eby covenants w~th the ssid MORTGAGEE, its successon and ~ui~nt, ~hat -T'~~ a~ •awfvlty x~zed of the sa~d p.em~ses in fee s~mple; that the same are free, ciear •nd dixharged from al! liens snd encum~ ~ ~.ances in taw or in eqwty, and that_-_~_ _ will and _ Sel~_ heirs shall wa~rant and deiend the title ~o Ihe s~ma to 1M iaid '~IORTGAGEE, its sutcessors and ass~gns. fore~er sgainst the Iawfut claims and demands of all persons; y PROVIDED. AIWAYS that if tF~e MORTGAGOR ahsll pay v~to rhe MORTGAGEE the p~on+~ssory no~e here~nbefore described and shall lruly, promptFy ~ and folly perfam, d~xharge. e¦ec~re. comp~ere, comp~y wirh and ab~de by each and ever~ the s~ipulations, agreen+e~ts, condi~iom and cwenants of uid ~ prom~ssory note snd of th~s Mortgage, t)xn this Mo:~gage and the Estate hereby created shall cesx and be null snd vo~d. ~ li IS UNDERS10pD that the word °Mortgagw" whether in tht s~i+yular w piorat anyw?~ere in mis Nwrrqsge, shaii be singuiu if one onir ~nd ~ shaN be pl~ral jointly and severally if more thsn one, and that the word "the~r" ss uxd anywhere in th~s Mw~gage shall be taken fo mean "his," "hers," ~ or "its," wherever the conteat so ~mp!~es o~ admits. Also, that wherever there i~ a reference in the covenants a~d sgteement~ Aerein tontained to ~ay of s rhe panies hereto, the same sha~l b~ construed to mean as wdl as the heirs, kgal re{uesentatives, successors snd assgns (either voluntary by ~ct of tl+~ ~ parties w invotvntary by operatwn of the Iaw1 of the same and thaf the covenants herein containcd shall bind a~d the beoe(~ts •nd adwMayes irwre ; ~ ro the respective heirs, kgal representat~res, successors and ass gns of the parties hereto. ~ ~ And said 1Aortg~gors, for themsclves and their heirs, legal rcprese~tat~ves, succeasors and ass~g~s, hereby jointly and severally corenant ~rd ~yree eo and with the said MORTGAGEE, ~ts saccesso?s and au~gns: ~ 1. To pay a~~ and singvlar nc~ pr~nupa! and imerest and the var~o~s and sundry sums of money payable by v~rtue of ~a~d p.om~sso~y note, a~d this ~ mwtga9e, exh •nd eve+y, promprty on rhe days respectively fhe same seve~atly become dve. ~ 2. To psy •11 and ~~ngvla the a~es, assessmenn, levies, liab~fi+~es, oWigations and encumbrances of every natvre ~nd k7nd now on s~id dew~ba~d property, p that hereafter may be imposeA, suffe~ed, placed, levied, or assessed thereon, a tMt he~eafser may be levied a assessed ~pon this Mwtq- age. a tfw indebfedness sec:,red hereby, e~ch and every, when due ~nd paysble, accading to law, before they become delinquenr, and bef«e any interat ~ e•raches or any penatry is inc~ried; AND INSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAII BE PROMPiIY SATISf1EU AHD DISCHARGED OF ~ RE~ORD AND THE ORIGItvAI OfFIC1Al DOCUMENT ISUCH AS. FOR INSTANCE. THE TAX RE~EIPT OR iHE SATISFACT17N PAPER OFFIGIAIIY ENOORSED ~ ~R CERTIFIEDi SNAII BE PlACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NiXi AFTER PAYMENT; snd ~n the event that any Ihereof is not ~ ; a~d, sN s(ied and d~scharged sa d MORTGAGEE may st any t~me pay the same o~ any part thereof w~rhout wa~v~ng or af}ecring any option. 6en, equ~ty or ~ .~~hr ~nder p by vutue of th~s mo~tgege and the fv~l amount of each and every svch payment shafl kx ~mmed~ate!y dve and payable and sh~ll bear interes~ • ~ '•o-n she date thereof ~n:d pa d ar rare of n~ne per ce~r~m per annum a:~d together w~th svch ~nrerest shall be xcured by rhe Ge~ 01 ~h.s morgraqe. : ~ . l~4 25~~ ' - - - _ -