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HomeMy WebLinkAbout1233 ~ _ ~'211.1~0 iH1S IkDENTURE, /Wt~ tl~~~ isth d~y of. J~r?e A.D. 19.~_-. E.~+vN~~ Williaa L. Bailey and Lois Ba~ley~ his~Mife~^____ o~ SL. I~,ICl@ ~p,Mty F{pr;d~, hK~:rnftw dttipn~ted as ~M "hWRTGAGOQ" and FIRSi FEOERAt SAVINGS ANO LOAN ASSpC1ATtON OF FCVt~ PIERCE. ~ capc~~tan ap~nised u~d ~x~~tinq w~dK IM laws of 1M U~~Md Sta~~s of M~eric~ ud Mvirg ih pri~upal pi~c~ of buun~u in tM Ciry o! ion PiKC~. St. l~ci~ County. Fiorid~, M~~ir?~tter desipn+l~d u tM "MORTGAGEE..• WHEREAS ~i» FAOATGAGO~ is iwNy ind~br~d w tM MORTGAGEE in th~ sum of = 27 • S~.OO r~ood ~nd ~aw(ul money ot ~he Un:ted Sfatei adwnced by ~h~ MORTGAGEE w+ro th~ MORTGAGOR, ~i wideocsd by • cNtam promiuwy no~e o( wen da~e haew~ih, af wh~ch ths follow~np in wordi and fi~v~~~ N a I~w copy. 1o-wi1: : 27. Sa0.00 ~~~0~-17,a133 w.~ P~.c.. F~o.;a.. June 15. i9 71 Fw v~iw ~eceiwd, t. we or eith~r of us, promise ro pay, without def~lcat~oo, ~o ~M orde~ of FIRST FEOERAI SAVINGS VJO LOAN ASSOClATION Of s FORT PIERCE at Fort ?ierc~, Florida, the sum of = 27 ~ 5~•~ with inte~est (rom date at the r~te of .~a.~Sb pc~ a~~~m, in t~w~~~~Y ~ ~,enrs as followu ~22~•~- on the 1SL ~y of October ~9~__ and a like sum on the cwrespu~d~~.q d+Y of eech month ~I?e.e- ~ airer until the whole b~ fully paid. Each insta~lment (int shall b~ applied in payn+ent of tM inroresl and ~he~ o~ the w+paid bal~nce ot ~he p~inc~pal wm. If detault is made in the t ~~a~•ment of any in~~allment when dw, and such default continues 30 days, then at the optan of Ihe holder. ar+d w~thout any othe~ no~Ke. all the remaining , ~ns~alt~nen~s shaN be due and p+yab~s at once. Privilty~ ii 9ivan ro p~~pay this rata in whol~ w in part ~t any t;me w~~how pen+lry. Ne~ther (orebearance. nur accept~nce by the hotder ~hercof atte~ any default in any p+yments hereon, shall be deemed eztensan. A!ate pay+nent cMr9e oi 1~' 3O sh+~~ be added to each insleltment rcmainin~ w~paid 7 days aft~t ih dw d~t~, and a lik~ wm shall be added ro each such installment remainir+g w?paid 7 days afte~ eath sutceedMg p+Y~~~ d+te. Each make~, surefy u~d endorser hereof, jointiy a~d uvcrally, w~ives ~rmand, p~ese~tment protes~ and ratite o( protesl fw nonpay*ncN, +r+d furthe~ a~rees ro any extens~on o4 time of payment, e~ther be~o?~ or ai~er maturity, without not~ce to any of us; and to pay a~~ costs of cotleu~on, includ~nQ a ieisonablc atto.~ey's fce M+he evem of ~ny defa~lt hereunder, and Mreby severa~ly waives all benefi• of hoacestead and exemptiw+ u+~de~ the ca»titution a~~d laws of each State of sl,e Unieed Srates, as a9sinst this obliyation a anr ~at~nian a renew~l he.eoF. Witncu the hsnd ard stal of eath parW s/Willian L. Bailey . ~ . . j i (SEAU S~.O 1 S Bd 11 @Y (SE/U.) 41.25 ~ _ StsM Rev~nw ) NOW, THEREFORE, the MORTGAGOR (or th~ pu?pos~ of secvrinp p+ya+ent of s+W swn of i 27 ar+d th~ perfwmance of tM cove~anq and ap?eeme*+ts hcrtinafte~ expresr•.d. ~nd fw dven ~ood ~nd wlwbM consideratioea„ by tMs~ prese~us. dce~ qr~nt, b~~yain, sell, rem~se. ; retease. conwy and confirm unro the MORiGAGEE, in wttyso~s u~d assignf, all tMt cert~in lot. Rieu or pWtsl of (awl, situat~. lyiny. ~nd being in the County of St • Li1Cle and Stste of fbrida, de~crib~d ~s fdlows: Lot 39, River Oaks Estates, as per P lat Book 16, at page S, of the Public Records or St. Lucie County, Florida,~ f RE'CEI'IED ~ S S~~ ill MYMIEM? ai T111IES ~.E CN CU1'S 'C INiANGIdIE rERYN~L PC~Se;/r:T 10 CFIA~'I:R "e01Y1, IICR OF 1 1. f.:~,"a POC~JS. qeh Cftca:t Coutt L, r, ~S 1{~!M f01 DANIEL 1~ KNOiWL~ 1N. ' S1~i t t-L~lt-ti:JF~ r ti: i i. X SL luci~ Cwn~ T~ OoMec~r ~ I t~ ~ DOCUN;E`sT%•L - -Si,.~'~ _ I = _ - - _ ~ - L'N2~71 _ a-~ ° = s~ :i~~ ~ 2:1 ~ alRli N ~ UE~i.Oi EtYEKfIE~~'. - PS. H0112 ~~ai~ - - foyether with ~II and sinyul~r tlw tene~n~nb, he+editan+e~b and app~+rtanus therwnto bsbrginp a in anywis~ app~rtaininq thareto, and ~11 r~nts. issws, p.oceeds ~nd p.of~n ~cuuinq ~nd w acvw from s+id pr~mis~s, all of which ~r~ incfvdad in tl+~ abov~ a~d fw~poinp dex?ipian ~~f Mbe~dwn. TO HAVE AND T HQID IM above dewibed snd yranted premises unto th~ ~aid MOltTGAGEE, its wtctsson and auigro for~r~r. Md tM s~W t~iei r .uORT GOR fo~ he'a~, eaecvton. ~dminist:.:arc as.d ss:i4rs. !»sr.by savo:.snsz yri!h s!x ssed !~l4Q4TGAGEE. iq uxcesso:s a~ auiQru. ~~iey a re rnaf - lawfully se~zed of th~ said pr«niaes in f~t simplr, tMt t!» s+rn~ ~r~ fr~t, cl~ ~nd dixhu~ed from ~II liens N+d ~ncum~ b.ancn in I~w a in equity, ~nd tha~ theyt- M,ill and thpir hein sh~ll wur~nt ~nd d~fend tFr titb w tM s~ ro tlw wid MORTGAGEE, in successors ~nd aug~s; fo~tver ~p~insl th~ lawiul claims ~nd d~mands oE dl pKSau; PROVIDED, AIWnYS +Mt if ~M /MOitTGAGOR shall pay unw tM MORTGAGEE Nn prom~uwy nw~ her~~nb~fa~ describad ~nd shdl truly. prcmptlY a~d fu11y pertorm, d~sciw~pe. e:~cute. complN~, ca~ply wirh and ~b1de by each ~~d rmy tM stipulations, preerrw+n, condi~ions and covenants of w~d p~omiasory not~ s~d of this Mor~yape, tMn ~his Mw~y+p~ snd th~ hur~ hMeby v~ated shdl ow~ ~nd b~ rwll ~nd vo~d. IT IS UNOERSTOO(' tMt the word "M^npapw" wi+tther in the sirgut~t o? plw~l snywhK~ in thit Mortyapt, shall b~ sir+yula iE one only ud _h~11 !+e piural jointly ~nd kver~lly if mot~ ~h~n on~. ~nd eMt tM wwd °their" as u~ed aieywMr~ in M"s Matppt shall bt bken to m~N+'"h]s:' "ht?t:. o+ "its,° whe.~rer tM confsxt so i~nplies a admits. Alw, fhat whe~ever ther~ i~ a nte~enc~ in th~ coven+nb and apnernents her~N+ comain~d 10 ~ny of ~he pa.ties h~rcto, tl+~ sMew ~MII b~ co~srrwd to rrwan ~s wdl s~ tM Mira. Ipal rpresenta~ives. ~ucc~swn ~nd suipm (~ith~r voluntuy by act o( ~h~ parties w involuM~ry by op~r~tion of tM law) of tM sxne and that th~ covenan» F~~in tonuined ~h+ll b~nd ~nd tht ben~firs ~nd .dv~nt~ye~ inw~ ro ~ns resp~ctive heirs, 1e9+1 r~prese+~~atives, successon u~d ~u~yns of fM parti~s hereto. And said Mo.ypoas, ior thema~h n~nd iheir h~irs. Ip+l r~prss~ntativa. wcctsson ~nd +ss~pro, htr~bY iaMly u~d sewa+aily cov~nant ~nd p.~e to ~nd with tF~ said MORTGAGEE, iri sutc~s~ors and wiprn: 1. To p+Y all and sirgular th~ princip+l ~nd inttrest a~+d ~I» v~rious ~nd ~vndry ~urm of ma~er p~Y~bl~ bp virtve of said prom~uary note. ~nd this martya~. ~ath a+d w~y. WanPNy on tM d~ys ~e~p~ttiv~iy tF» i~nw rtv~r~ily betomt dw. 2. To p~y dl and wpvla ~M raa~s. +ssessrn~nn. Iwie~. liabilirws, oblipatian and ~ncumFxurc~s of ~,re~y rwhr?~ and kind naw on s+id dNCribed wope~fY, a that hs~eahs~ may b~ Mnpw~d, wff~r~d. D~ac~d. Iwi~d. a~wswd the?wn, a that h~rs~ft~? may M lev~ad or as~s~ed vpon tha 1Morq- pe, a!M ind~bt~d~xw wcw~d hN~by. ~ach a~d wNy, wl»n dw ~nd payabb, acco~dinp w law, b~(on tlry becorM delinqwnt, a++d bsfa~ ~ny inta~s~ - irr~ches or ~rty ptnalry is inn:rred; AND INSOFAR AS ANY TMEltEOf IS OF RKORO THE SAME SHAII 4E PROMPTIY SATISFIE~ A:VO OISCHARGED Of RECORD AND 1HE ORIGINAI OFfIG1Al OOCWNEDlT ISI:CH AS, fOR INSTANCE, TNE TH7( RECEIFT OR THE SATISfACTION PMER OFfIC1AllY ENOORSED OF CERTIFIED) SNAII bf PlACEO IN TIiE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXi /1FTER PAYMENi; ard in tFw evtnt tMt any thertof if not pa~d. s~rs~~ed and dischar~d sa:d MQRiGAGEE rnay at ~oy t~me pay ~M s~me w~ny pan the?eo/ wi~hout w+ivinq a~ffecrirg any optan, lien, equ7ty p •pht ~nder a by virtu~ of this morrq~pe ~nd th~ (vll Nnount of e~ch and every such p~yment shall be immeda~ely clw ~nd ~vyabk aI~ fM~I) btN blfNNt ~rom ehe date ~hereof unril paid ~t r~te of mne per «ntum per ~onwn ~nd wytthe~ w~th soc.b interest shdl be secwed by the lien of th:• morytay~. ~~RK 193 - 123?