HomeMy WebLinkAbout1503 ~-~-13'7~~
iHiS IN6ENTURE. AA~d~ 1 ~~th da qf J11R9 ~p, ~q~~ _ betw~ae?
reK G~. gan, Jr. and Jan~ce M. :.ogan, his wif9
of ST'• ~Cie Covnty Fbrida. 1»~~~n+hM dt~p~ated ~s tM "MORTG/IGOR:' ~nd FiRST f£6ERAl SAVIPICS ANO LOAN
ASSOCIATION Of iORT VIERCE, ~ cwpor~tion orpw~is~d a~d ~xi.~' undw tM lawi of th~ Vn~e~d St~~a of Ar~ic~ ~nd Mvinp in pr~nc~p.~ p~.c+ of
bu~a in ~M Ci~r of Fon PiKU. St. luci~ Gow?ry. fla~da. M.ein~~e~ d~sipn~ad tM "M~Q~~WIJ.OO
WHEREAS tM MORTG/?GOR is jwtlr Ind~bqd b 1M MORTGAGEE in 1!w ~u+a of pood and law(ul morey of the Unieed
S~u~~ advanctd by ~M N1pRtGAGEE unto tM MORiGl.GOR. ~i ~vid~nced bY ~ u~u~^ P~om~s~aY of ~ve~ dat~ h~r~w~th, of wh~ch tM (olbwinp in
ww~~
d„ ~u.~is a trw oopy. 1Pwih 7
-JtJU
~ Fwt Vw~c~. flwW+. ''~:ltl@ 2 19_~_
fa vlue receiwd, 1. w. a N~h.. of us, pro.n~a ro pay, wi~han d~f•Ica~ion. ~o ~h. ade~ of fIRST FEDERAL SAVINGS AN~ IOAN ASSOC~ATION Of
fORi PIERI:E ~f iorl P' nf~,f,lorida, tM wm of ~ ~7~~0•~ w~th im~rest from dat~ ~t ths ~aM ot ~STa~f'. pN annwo, in ma+thly fnstalM
mrnrs u(o!lwa: f 22~• W on :M ~ 3t' d+Y of A~u3t' 19_L! a+d ~ lik~ sum on tM correspor?d~rp d.r of ~~cl+ month ~h~re-
aft~r urdil the whde be fully paid.
Exh ~nsuNmeM tust ~hall be appGed i~ paym~nl of tM inte~est and ~hen on tl+e unpaid bal~nce t,f ths princ~pal sum. If def~uh is mad~ in tM
~•eymeo~ of ~n~ installm~ot whee~ dw. a~d wch d~f~~h continws 30 days, ~h~n at th~ optan uf th~ lwkier. and without aoy other rwuce. all ths remain:rq
~~~srallme.~n shall 4e dw and payabt~ u once. Pririt~p~ is pivtn fo prtp+Y Ihis noN i~ whol~ a in p+rt at any Yane without pcnalty. Neit~ fo~t~ca~ance,
nor xccptu~c~ by the hoWer thxwf afte~ se?y d~f~u~t in anY paymM+b M?eon: sh+ll be da~emed e:tension. A lats payment charge of i- ~j~ah+l! b~
added ro each insullmenr r~maininp unpa~d 7 days after its dw d~te. u~d a lib w.r shall b~ added ro each such insulLnent temainin~ unpa~d 7 dap after
esch tvtteedirg p+Ymr» d+te•
Each maker, surery +nd endase~ hH~o(. Iou+t~Y +^d te"kd~Y• w~"'ti ~^'+^d• DfQx^tment protest and notice of protest fw nonpayment, and iu~ther
ag~ees W ae~y ~xtt~+sion of tima of paymenl, either befort w afta m~twity, without not~ce to aoy of us; and to paY aU cmts of collec~~on, includiny •
reesonsble attorney's fee ~n the evrn~ of any default hereundN. ~nd 1+er~by ieverally w~ives all benefit of ho~nes~ead and excmp~ion u~ 1he constit~tan
a~~d Iaws of exh Sfate of ths United States, as agaiost this oblgation or ~ny eateosion w renewd hereof-
w~~n~ss ~h~ hand and ~ea1 of each puh.
s/ MdreW C. Logan, Jr.
cs~~u _
s an ce . gan ~
~ $lio.5o , s~.+. R.,,«w. . cs~w
i 27 000.00
NOW, THEREFORE, tM MORTGAGOR fw tM Rwrpos~ of secwinp p~y~nent of said swn of i ~ and tF~e pe.form~+ce of tM
coveMnn and +9reemena he~einaher expczised. and for d'ivers pood ~nd wlwbt~ caaiderNia+s, by tlrse prtser?ts. does pr~nt, b~ry~in, setl. remise,
reteas~. conwy ~nd conf'w^~! u~w tl+~ MORTGA4EE, its successors ~nd ~ugns. NI tMt cKt~in 1ot. pi~o~ or p~rul of land, situate, lyinp. ~nd b~inq in tM
Covnty of Jti . Luc ie u+d Stat~ of Fbrid+, d~wibd w fdlovrs:
Part of Lots 7 and 8, Bloclc 33 of RINER PARI~ UNIT !t, a Snbdivision according to the Plat
thereof, recorded in Plat Bo~k 11, Pa.ge 9, o; the Public Records of St. I.ucie County,
?lorida, more particularly descrihed as follo~rs, to-~rit :
~o~nmencing gt the most Northerly Corner o!' Lot 2 of said Block 33; thence run Southwesterly
;00 feet, along the NorLhirssterly boundary of said Block 33, being along the arc e~' a circular
:.urve to the left having a radius of 2,726.59 ~'~e~, through a central angle of 10°30'25" to
Lhe point-of-beginning of the pdreel of land hereinafter described; thence continue along the
' arc of said curve 8.92 feet, through a central angle of 00°11'1~" to a point of tangency;
~ thence Sosth 41 °11~ ~00" k'est along the P~orthWester~y boundd.-y of said Block 33, 91.0$ feet;
Lhence South !~8°I~E'OJ" East, 1lt0 feet; thence North !tl°14'00" East along the Southeasterly
~oundary of said I.ots 7 and 8, 91.08 feet to a point o£ curvature of a circular curve to the
r~ght having a radius of 2,5~•59 feet; thence Northeasterly 6.lt? feet alon~ the arc o£ the
iast mentioned curve, through a central angle of 00°11'15"; then~e Yorth I~8 3!t'lt5" West alon~;
a line radial to said ce~rve 11t0 reet to the point-~._-beginning.~/ ~
_ ~n s~'~ iN r~r~a~r a Tuces
~ ~ aus ~c i~r~ncieiE ~~sc~ ~orEttr,
~L S ~ A t= 1= L t 1:-? :a p~RS~.~xr To c~ePrs mn~. ~~r~ tfi~.
U ~.r.. L~C:1i : ii:=%"_~~~ ::~i•.'r' ~l~ X wVi7• R ~~Fi~ .MCik ~ilfl~{I.t ~iCYI'~
J ~ _ .~~t~n ~-''f~~'''~.
j - - - - ~ ~icot br DANIE~ fi. KNOwIES, JR
N ~ = 4 0 5 0= s~ ~ co.~a Tu ca~
~ErT.71 i'f°E:.:i
P.B.~eo~~z
B~r
?o~.th.. witA d~ .na .irg+ila. th. r.r»~e+«+n, n...~aments .na .ppu.t.nce. th..«,nro b.~«wieg Q. in +erwiN +PVut, the..a. .ne0~wlhCl~w~•.
proceed~ and profin aurv~ ~nd to ~crnre from aaid pNniaes, all of whid~ ere ind:,ded in the abov~ and forpdnp dacription ~nd MEeedwn.
i0 HAVE AND TQt1HO~DTtM abow describ~d ~nd pru+qd pe~ unto tM ~id MORTGAGEE, in wcus~ors +~d auipro fw~va. Md fM wid
MORTGAGOR for t~ ~ - hein. ~x~cuton. administr~w.s and assipro, he.~by coven+nn wirh t!w said MORTGAGEE, in wccesso.s ~nd assipes.
~h.t --thev are _~~~h ~ t!~ w;d a~n,;ws (w ~~~s tMt th~ ~anw a~ frK, cbar ~nd d'achar~d fran all lana and ~ncvrR.--_
their
b.~nces in I~w a in ~quity, aad that~- will and hein ahall wsrraM and dtfene! rM titb w tM s~ne to th~ safd
MORTGAGEE. its wcuswn ~+d as~gns, forwer apairat the I~wful cbims.~ d~mand~ oi all pKSan:
PROVIDE~. /1LWAYS that if tF~e MORTGAGOR ~!»I! p~y ~rnto tir MORT(;AC'sEE th~ p~o~na~orr not~ hertir~befw~ describ~d ~+d ahall tnrly. Wa^W~1I
.nd iuilv P~rform, d~sd~arpe, e:ecv», eon+Plet~• canplY wirh and abide bp each and rvery tM stipub~ans. +Wesm~.~ts, conditiom and cov~nanb of ~a~d
wom~ssorY note u+d o~ Mis Mwtpape. ehen this Mortya~e ~nd the but~ hNaby vsatad sfiall ua~ and be ~wN ~nd vo~-
IT IS Uf~ERST00~ tMt th~ word "Mort~apw° ~+rMthtr in th~ sinpula~ a plwd anywhert in NNS Mwtp+y~, sl++ll be si~gular if on~ only and
~F+~II be plwd joinfly and ~evaally if mor~ th~n on~. u~d tMt tM word "thea" a~ us~d _anywher~ in thw Morepap~ shall be taken to me~n •.his,•• •.Mrs~
w"ia:' wherever the conrexf w irnplias a ~dmits. Also, tlut whNSwr the~~ is a refuN+c~ in tM cov~nand ~nd pr~an~MS ~+e+~in co^uw+ed b w+y d
~he putia her~to. N+~ sune ~11 ~ cartrwd ro m~~n a well as th~ heirs, b9~1 npraenfstiws, waeasors and assi~ns (either wtuoury bY act of ~!r
pwties a inwluntary by ope~ation oi the I~w) of tlw svn~ and thaf th~ cownsnn her~in coruaimd sMll bind and tM benefi» w~d advantpp inw~
ro the ~esp~ctiw M~n, Ip+l repr~entatiws, wcwstws and asi~rr d tM puti~s htrNa
Md ~ad Maqpas, fa tFwms~lv~s ~nd tl+e'a h~in. le~l r~pressnt~tivn, woces~on and ~ssipro. he?~by jointF~ and ~rKally cova?~nt and p.K
w~nd with tl+~ wid MORTGAGEE, its sucus+on +nd assiq^s: -
1. To p~y all and sinp~lar th~ princip~l aad ime~at ~nd N~t various a+d sw~drY wm~ of nwney P+Y+~ M virfw o( s+id promiuorr rab, and N~a
nw~tyapo, wd~ ad wsry, aanptM on tf» dan r~ip~criwly tbe s~re» wwraly b~can~ dw. .
To p~y ~fl and ~inpul« 1M t~~es, a~tssrn~+~ts. 1wie~, li~bilities, oblip+tions ~nd encum6ranc~s of ~wry ewrur~ ~nd kind naw oe said d~scr~d ~
P~~Y• or that I+N~sftM may b~ irpw~d, wff~r~d. P~+aJ. Iwi~d, or wts~od ti~wn, or th~t IwtafN? owy b~ Itv»d or aueaNd upon M+is Mortp~
p~, a the 6+d~bt~de~ess s~cw~d l~eby, tach and ~w~rY. wlrn dw and p~y~We. ~oco.di~q w larv, Mfw~ they bsc«ne delinqwm, and b~fon ~rhr InNr~st
att~ches p~ny penalty is incwred; ANa INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SMAII SE PRON1PTlY SATISFIEO ANO OISCHARGED 0?
RECORO AND 1HE ORIGINAt OfFICIAI OOCUMENT (SIKN A5, FO4 INSTANCE, THE TAX RECEIPT OR TME SATISfAC110N PMER OFfICIAItr ENDORSED
OR CERTIf1E0) SHAU 6E PIACED IN THE MANOS OF SAID MORTGAGEE WITHIN TEN OAYS KEXT AfiER PAYAAENT; and in ~Fr ~wnt th~t ~ny ti~erwf u ~ot
pa~d, sar s(isd and d~scharQ~d s+:d MOR?GAGEE m~y at any t~me pay th~ sam~ w anY p+rt thenof withovt waivirq a~(fec~inp u~y option, lien. equitY w
•ipht under a by v'wtue of this mo?typf and the full ~mou~t of e~ci~ ~nd w~ry wci~ p~y~ntnt ~hall be inrnediat~Iy dw and p~rabk ~nd shall b~ar intKa+
~.om rhe d~r~ rhereof .~mil paid at .ate of n~rw pe? centwn p~r snnwn ~~A toy~~i»r w~th wcM iflfNNt f~MII ~f secu.ed by the lien of th:s mwyta~e-
"BGO~c 1~3 150~. _