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HomeMy WebLinkAbout0552 ~ 21a'~'1Q ~ ~ - THIS IN~ENiUR6 IN~tl~ the 7th d~y of '~n@ • A.~. 19 71 betwes~ Carl J. Rowler and Margaret M. Roruler, his wife of St. l.ucie ~punty Fb?id~, ht~eirafte~ design+ted as the "MORTGAGOR," ind itRST fEUERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a cwporatan or~u~ized u+d •x~siing u~de~ tM laws of tM Un~ted St~~a of Am~~ict and Mvir~ itt principal plac~ of bus~nsu in th~ C~ty of Fwt Pi~ru, St. luci~ Cov~uy, Flaid~. huainafter dssipna:ad ai ~M "AM1ORiGAGEE." - WHEREAS 1M MORiGAGOR is jwdy ind~bted to ths MORIGAGEE in tF~e suni of f 17 qood and t wvfui money o( Iha United Srates adva.~ced by the MORTGAGEE unto the A10RTGAGOR, as evide~crd "oy a ceru~n prom~uwy note of ewn date herewi~h, of wh~ch ~he lollowirg in ~ .~ords snd figur~s is a true :opy. tawit: _ ~7~~0.~ ~~0 3-17~111 fort Pierc~ Florid+, `~un@ 7* 19?~ fw value receivcd, 1, we or eithe: o( us, prom~x to E+ay, without defalcation, to thc orde? of FI~ST FEDERAL S.\VINGSS~ AND IOAK ASSQ~~I=TION OF FORT PIERCE a1 Fort Pierce, Fbrida, thc aum of S 1~~~~~ w~th intrrest from date at the rate of 7~7~7o per au+uea. in ~+-~+th:y install- ~ ~„enrs as follovrs: f 14O'~.- on thr 1 St d+Y u f AuC~l3t 19 71 and a like sum on the cwrespond~og day of rach ~na+th tle~ri- ~ atter ~ntil rhe whole be fu~ly pa~d. Each installment fi~st shall be applied in payment of 1he interest and then on ~he unpa~d balance of ~he p~~nc~pal sum. If tletsult is mads in ths E~a~~nent of any ~nsfallment when due, and such default continues 30 days, then at tFK optio~ of the hotder, and withou~ any otF+er no~rce, all the remaining :~~siall.nents shall ae due a~d payabte at once_ Privilege is givcn to prepay this note ~n whote o~ ir+ part at any t~me without penslty. Nei~Aet fwebsa~ance. nor acceprance by the hotder thereof aittr any defau(t in any payments he~ecn, ahalt be deemed extension. A late payment charge of s 7~~ sha~l be • i ~ddrd ro each ins~allment rcmain~ng unpa~d 7 days after ita due da1e, a~d a I~ke su~n aha11 !x added ro each such ins~aliment remaining unpaid 7 days ~her each succeediny p~ymen! date. Each makN, surety a.xl endorser her~of, jointly and severa~ly, waives demand, p+esentrner.t pr~lest and no~ice of p~otest fw nonpayment, and further agrees ro a~y extensiw~ of ti~ne of paymenl, eithe~ be(ore w a(rer n aturity, without not~ce to any of us; and to aay all costs of co~lection, intlud~np • re~sonable attpney's fce in the e~e~~ oF any default hereunde~, and hereby :everally waives a~l benefit of homestead and exemption under the conftitutan- a~~d lavrx of exh S~ate of the U~~red Siates, as aga~nst this obt~gatio~ w any ex~ension or renewal hereof. Witness the hand and xal of each party. s/Carl J. Rowler ~ (SEAI) s argaret M. Fowler ~w (5E/?q 2 S• 50 1 State Revenw - f NOW, THEREFORE, the MORTGAGOR fa the purpose of securing p~ymcnt of sa?d sum of ~7 ~~0 . and tM performanca of the cove~ants and a9reements hcreinafter e:p~cssed, ard for divas 9ood and valwble cons~deratans, by the~e p~esents, does Qr~nt, bar9~~~, sell, remise, release, convey and confirm ~nto the MORTGAGEE, its wcces~ors and +ugns, all that cErtain bt, pieoe or parcel of Iand, situate, lyinp. ~ad bei~ in t1K Counry of $t. Lueie snd S~ata of Fbrida, described ~s follows: t Beginning at a point 30 feet South of and 455.6 feet West of the Nartheast corner of Northeast Quarter of Northeast Quarter of Section 16, ?ownship 35 South, Range ~s0 East; run thence South 14~ feet; thence run West parallel to North line of Northeast Quarter of Northeast Quarler of Section 16, a distance of 188 feet to East line of South 12th Street; thence North 140 feet along the East line of South 12th Street to the Sonth line of Georgia Avenue, thence East 188 feet alang the ~ South line of Georgia Avenue to the point of beginning, public records of Saint ~I ~ Luc ie County, Rloricla, ? ~ - ?LCEIVFD i__~ 1,1 PA.'~!CN~ Of TAIIE$ 'F ' DJE C'i i'IA~S 'G 1~;'t;': '"lE :'~^S~ ~VAL P:~PERir, I 4, S1"Q 1~ F L() !-t f LJ A Pu~sv:,~~T ;o ;.r.ap~-,-{ ac:s oF i~l. ~ c~ ~ UQCUi/.~.`~ f•~~-•• 5 i!.?~.~ Ti. X = Z _ - ROG_R PGI:RAS, C:e-F ~~;:~,.t G~~ J~ _.?uHi~~'ti _ as Age~t fo~ DA"~lil N. !(';`~1N! ES, JR. o =_..j'~~~~; 2 5 5 0_ , N c~ ~ ~ t,, _ St lucie Ccu: t l:x ~icccto~ P.B.~vo~i2 ~ c N ~ ey - - ncn~tv r~cov roye~Mr w~th •II and singular the tenernenri. Mreditansenri and appurtar?ces thereunto belonyirg p in anywise apperfaininp therelo, an0 aU r~nb. Fssws, pr«eeds +nd profits ~ccruing and to accrue from said premises, all of which ue included in the above and fws~oirg description +nd h~beedum_ TO HAVE AND iQ tM above dexribed and gnnted premises unto the s+id AIIORTGAGEE, it~ suaessors +nd +ssg~s fw~vsr• Md fh~ sa~d ~ MOStTGAGOR tor h hein, executors, administrato~s u+d assgns, hercby covena~n with the ss~d MORTGAGEE, its successo?s ~nd auiptr, a th,t _ the r~are__ ~~~~~~y x~=~ pf fhe sa?d prem~ses in fee simple; that the ssms ue irse, c'ear ~r<! disch~r9ed from sll liens and Mcun+~ ~ brances in law a i~ cqviry, and that they will and ~elr heirs shall w~rrant and def~nd the titl~ b tM sam~ to tht aid ~ MORTGAGEE, its successors and assgns, forever s9~inst the tawful cl~ims and de.nands of all persau; t ~ PROVI~ED, ALWAYS that if the MORTGAGOR shatl p:y unto ti~e MORTGAGEE tht p?omissory note heteinbefote describ~d and sM!~ ttuly, pranptty and fully perfwm, d~adNr9e, e:ecute, compkte, canp~y w~th and ab~de by each and every ~F~ stipulatiau, p~eementt, tonditions and covensn» of ~aid prom~ssory note +~d of this Mortgaye, then ~his Mwtyage ~nd the Estate hereby vested shslt cease and be null and void_ IT IS UNUERSTOOD that ~he word "Mort~~gor" whetF+er in the s~rgular w plwal anywher~ in th~s Mwtyape, shall be. sinpul~r if on~ only ud shali b~ plur~l joimly u~d sevaa;ly ii mor~ tha~ one. and that the wad "~heu" as used snywher~ i~ thif Mwt9aye sMll be t~ken to mean •1?i~.•• "h~n•• or "in: ' whererer the conteat w impl~es w a-~mits. lalso, tMt whe~ever thera is s ~efere~ce in the cavenann and ayreemenb herei~ ca~tair»d to ~r of rhe parties hereto, the s+me sha11 be construed to meM as well si the he7n, 1e9a1 rtpescnt~tives, sucreswn a+~d auigns (either voluntary by acf of tM part~d or i~vduniary by ope+ssion of the lawT of the same snd lhat the covena~ts here~n conained shall bind and tht benefits and adv~ntayes Nwr~ ro tfie respective heirs, Is9al ~epretent+tires, successon and au'yns of the psrties hareto. And s+id Mwtysyors, fa rhemulves w~d their heirs. lepal represer:ari~res, s~ccesso?s aRd ~ui~in, hereby joinrty and severally covenant and aQrK ro a:+d witF? the ~a~d MORTGAGEE, its successors and suigro: i. To pay ~II and s~nputa thc principal and interqt snd thc w:wus and sundry sums oi money paYabk by vi~tw of said promissory not~, and this mortyaye, each and ~vtry, p+omptly on the days respecf~vely the same wwrally become dw. 2. To pay ~II and dnyvtsr the ta:es, assessmenrs, levie~, li~bilii~es, oblig+tions and encvmb~+ncn of werY +++tw~ and kind now on s~id d~w~d proper~y, or thst hereefrer may be imEwsed, wffered, placed. ~evied, a amessed thc~ea+, a ti.at hereafter may be kvied or as~eued ~pa~ thi~ Mortp~ •ye, a tFw i~d~b~~dneu secured hereby. ~ach ~nd wery, when due and p~yable, xcwd~ng to law, before they b~come delinquent, and b~fae u~y im~r~st anaclxs or ~ny penalty is incurred; AkQ INSOFAR AS ANY TNEREOf IS JF RKORD THE SAME SHAII BE PROMPiIY SAiI5F1E0 AND DISCNARGEO OF g RECORD ANb THE ORIGINAL OFFICIAL DOCUNlENT (SUCH A5. FQR INSTANCE, iHE TAX RfCEIPT OR iHE Sl.T15FACT10N PAPER OfFfCIAILY ENCflRSEO i Oit CERTlFIE~) SHAII BE PiACEO IN THE HANUS OF SAID MORTGAGEE WIiHIN TfN DAYS NEXT ivi'cR VAYMENT; and i~ tl+e evenl tMt any tMreof a no1 ~ pa~d. sat'sf~ed and d~uh~rged sa'd MORTGAGEE may at any t~me pa~ the sa~ne p any pa.t the~eoi wi~hout waiving a a(fecting i~r option, lie~, equiry a •~9ht under or by virtue of th~s mor~gaye and the fvll ~mo~,nt of each and every such payment shall be im.,+edNre~~ dve s~d payabie and fINI~ b!Y it11Np~ s•om rhe d~te thereof um~l pa~d ar ra~e of n~ne per cc.+t~m pe~ annvm u+d toge~he~ w~~h s„ch inte.est shall be secured by rhe lier o~ th s moryta~e. ~ ~aR~~s~ 5~z