HomeMy WebLinkAbout2263 - . ;~i_i,~;~~~;
IMIS INOENTU~E. 1114d~ th~ 2-~I(~ ~Y of June , A.D. 19_?l, b.tr~en
_ Pleasure Cove Mnblle rt~e Par1c~ tn~
_ ~ FloYida ~oz~QZaL1on _ , ,
uf St. Lucie Cp~n~y Flwida, Mf~iMFfN dtag.u~d a~ tM "MORTGAGOR." and fIRST fEUERAI S1V1!vGS AhU IOAN
AS.SOCIATION OF fORT PIERCE, • corpa~tion wpanised ~nd ~a~~~inp ~ndN ~M laws o( ~M Unn~d S~u~s of AmKic~ ~~d Mw.q it~ prinupal plac~ of
b~t~ness in tM Ciry of For1 PiMt~, St. luci • Cour.~r, Fluida. 3AftlMfiM dlf1~M/~ as tM "MORiGAGfE:'
WHEREAS tlw MORIGAGOR is jwtly ind~b~~d ro tM MORTGAGEE ie IM sum ot ~ 17 ~tQQ_-_-_, guud and I~wful mcxiey o( ~he Un,eed
S~eres aJra~ued by ~he MORTGAGEE unto tM MORIGAGOR, as w~der+ced by ~ c~rtam prom~aswy no~e o1 even do~e I~erew~~h, of wl~.ch tl~e loi~ow~nq in
words a~d i~ur~s ~s • aw copy, ~o-r.~t: 3-17 156
= 17,~ 000 _ 00 t~o- a
Fat p;e.c•, pla;da, June 23 19_ZL
Fa value recc+v~d. 1, we a either of us, pra*~ise fo pay, wifhou~ d~falca~ic+n, lo ~Ae wde. of FIRSi FEOERAI SAVINGS ANO IOAN ASSOCIAitON OF
F~Ri PIERCE at fwt Pierce, F{orida, the wm of f 17i~~•~ wicfi inte~est irom d~te n the ra~e of __Z.~ZsSper snnum, in n~on~hly in~~all-
~•~e~~•s n fo1!ovrs: S_-_161 on the 1 St day ef /113a11St , 19__ 71_ ~nd • ii?~ ium oa ~he co.reapond~n~ day of exh noa~th thert-
efter u~~l~~ Ihr r?hote be fully paid.
Each ~nsret~menl tirst iha~l b~ applied i~ paymenf o~ 1he intere~t and ~hen on rhe unpaid ba~~nce af the p~~~+c~pal sum. 1! defau~l is made ~n 1M
~ ay mc~v of any ~nsr~llment when dve, and such defavlt con~inue~ JO d~ys, then at the option of ~he holde~. and witlw~t any othe~ nonce. all the ~emaini..g
,~~sr~ltmears sha41 be due ~nd paYabte at once. Privi~ey~ is ~iven to prep+Y this ~+oro in whol~ or in part at any t~me wiihoul p~nal~y. Neither faebearanc~,
nor acce~unce by ~he holde~ thereo( after any default in any payments I+ereon. shall b~ deemed eatcnsqn. A Iste .~ayment ch~~g~ S_ g! O5 ska!! be
~ddrd ~o each ini~allme~t rema~n~ng vnpa~d ~ d~ys ••`~tr its dua d~te, ~nd • t~ks sum sMl! be ~dded ~o e~ch such ins~aL•me~f re~uin~ng uopa~d 7 days afte~
eech sv:ceed~ng paynxnt date.
Each make?, :urety and enJwser he~eol, joinNy and severally, waivq dema~d, p~eaentment p~otest and no?ice of p~o~est fw nonpaymenl, and iu~the~
egrees to sny extens:w~ o( ~ime of pa~m~nt, either before w a[~a rnaturity, without not~ce to any of us; and to pay all cests of' co!lece:e~, i^zlvd•n~ a
rr+sunable att.Nney s fee in tAe event of any detault hereunder, and hereby severa~ly waives all be~elit of homeste.id and eacmption u~der the conatitution
,~,d lavra o~ each S+are of ~he Unired Sta~es, as ayalnst this obliyaGon w any ea~ensioe o~ renewd hereof.
w~roess t~ M~+d a~d se~~ of ~ach party. - PLEASURE C~~1TE MOBI1.6 NOP1E PARK~ INC.
By: q~~rencer _cilt~ert~,~ee~~ar~~i~
CURPURATE SEAL AFFIXED ~ ~ ~ ~U
, _ Attest : Eznestine S_ _Gilb~rt_~ ecre~~_
` Treasy~~
Y25. SO i st.t• a.~«,w ' .
NOW, THEREFORE, the MORTGAGOR iw tM purpos~ cf ~ecwi~p p~yn~~nt of said s~?m of = 17 + Q~ ,~+d tM pe.forma~e of the =
c~~eoants ~nd sgreemcnrs hereTna(te~ exp~essed. and fo~ dvers yood +nd valu~bl~ coosiderations, by thes~ pr~sems. does yr~r.t, bar9ain. s~11, rem~x, .
:etease, con•ey ~nd confirm uow the MORTGAGEE, ib succeuas and assi9nt, dl that cert~in bt, piece w parcel of land, situate, lyirg, and being in tM
Ca:nty of St. LuC1C aod Sute of fbr~da, d~w~bd q fdlowr.
Comrsencinq at the Southeast corner of Section 22~ Township 35 South, Range 40 East~
run Hert alang t<'~e south line of said Section 1~376.73 feet to the point of beginning.
t'ron the point ef beginning continue alang the said section line 1~569.39 feet to the
5outhwest corner of the property herein described, being also a point on the.east
right-or-way line of L. S. tiighway ~to. 1, thence run northerly along the east right-
of-way of U. S. Nighway No. 1 a distance of 162.1 feet to the Northwest corner of said
property thence prcceed .iortheasterly along the FEC Railroad right-of-way~ a distance
of 1,382.83 feet~ thence run Southeasterly on a Iine perpendiculaz to the North pro-
~erty line a distance of 115 feet~ thence zun easterly 95 feet pazallel to the South -
pro;~erty line~ thence rw7 southea~+erly perpendicular to the ~sorth property line a
distance of 2d0 feet, thence run southeasterly to the point of beginning. ?
i
~ ;nis is a second mortgage, being inferior only to a prior first mortgage from Spencer
Gilbert, Individually and as Trustee and Ernestine S. Gilbert~ his wife; and Leora
S~caggs, a wid~w, to First Federal Savings and Loan Association of F rt Pierce and
recorded in U. R. Book 178, Page 1855-1856~ Public Recor~~ ~S cie C~rp~~~o~~a~
said mortgage dated June 20. 1969. DuE oN Cuss ~C' Irnnr~G~B~E PER9otu~ P'+oPERn.
w v 1~i i C= ~ t- i_ L~ 1~ t~3 ~ PURS1iANT i0 CHAr'iER 20724, ACTS OF 1?11.
c.~ ~ UOCti:•t ' F ~ : ~ i t~ T X ~RO~R'POIIRIIS, Clerlt Cirtuit Court
~
~ z - ~T ~ as Agent for DANiEI N. KNOWLES„ 1R
_~t-7-'1 t:~~•~~:~2 5 5 0= st u,cie camt~t Taz co~leccw
tJ~ t~.r.ac e~ ~ - ~
~~_19i`•~= ~ ~~~[~i~l~~ -
rogether with all ~nd sir~ubr th~ tenemenri. h~reWumenb and spqsrancn tM~wnto DNwyw~y w in a~ywise app~rfaininp MNeto, ~~~r:~s.
p•oceeds u+d ~rof~n ac«u~rq and to +cvue from said p?emis~s, ~11 of wh~d~ u~ 'vrJvd~d in tl,~ abov~ and f«aQoinp dewip~an and Mbendwn.
TO NAVE ANQ TO HOlO rl+~ ~bow descr7b~d ~nd ~anted pr«nises unto t1w said MORTGAGEE, in waessors w~d ~s~ipns faevN. Md tlr wid
•'.^!t?~",rs!.`!t 4or - 1 t S hein, executors, administnton and ~ugns, hereby cw~nann with tM uid MQRTGAGEE, its ~ucceuas ~nd auipn~,
+hat 1 S - lawfufty wi:ed of tt» wid prem~s~s in fe~ iimp[r, that tM sam~ K~- irN, clear and d+xh+rpsd from ~11 liero and v~cun?
b.~~ces 7n I~w a in squity, and that 1 t will and i t s h~in ~hall warrant and deftnd tlw tit4 to the s+rn~ M tM wid
+NORTGAGEE, in sucussws and aupra, faever pi~nst th~ lawfvl daims and dema~l penoro;
PROVIDEO, AIWA~?S tMt ii the MORTGAGOR shalf p~y w,ro ~h. MORTGwGEE tl» p.om~u«y nor. hN~inb~for~ dacribe¢ a+d ~II truty, pramptty
•nd fuUy perfwm, d~xharye, e:ecuts, complete, comply with and ~bid~ by e~ch ~nd every tht stipubtian, pr~tmenb, conditian ~nd cown+nri oi said
p.an~awry note ~~+d of this Mwtpapt, then tha lMorty~ ~nd th~ Estat~ hHtby v~~~~d ~hall uase and b~ null and void.
IT IS UNOERSTOOp tiwt the word "Mortpapw" whether in tFK dnqular a plwd ~nywMr~ in tbis Mwtyy~, ~hall b~ sinpvl~+ if a+~ only ~~d
~hail b~ plwd joimFy a~d wver~llr if mw~ tMn orr. ~i+d th~f tM wwd "th~'a" ~s ui~d ~~ywher~ in the Nlwtyp~ shall b~ ~~ten to mean ..i?»,.. "lrn•.
o. "its:' wherere+ the confe:t so impl:us w admits. Alw, tMt wMr~wr thei~ is ~ ~d~renc~ in th~ cov~nants and ap?eements herei~ con~airwd to any o/
rh~ p~rt~es he.eto, tM s~ ~hall b~ wrurrued fo ms~n at w~ll ~s tM Min. Ipd r~prisemariv~s, successon sred ~sspm (~ither volu~~uy b~r rct o! tM
pan~es a~nrduntuy by opa~tion of the I~w) of ~M sarrr and th~t ~h. corenann iwein com•in.d ~h+!I bu+d snd rM b.nel~n ud .d~.nr.Q.s inw~
+o th~ rqpectiw Mus. Ipal repr~sent~riv~t. succesiors and ~u'yro of tht p~.ti~s haNO.
Md said JlAortypw~. Iw thems~lve~ and their hein, kpal ~eprtsenqriv~s. wcc~sson ~nd ~aipm. Mrtby jointly a~d kvt~ally cw~nanl •nd ~pr~e
+o snd wnh rh~ u~d MORiGAGEE, in successors ~nd auiyna_
1. To pay ~II ~nd ~~nput~r rM princ:pd ~nd i~t~.pt ~nd tM v~r7ow ~nd wndry sums of n+orwy paY~bl~ by virrw of s~id prom~s~wy nor~, and rhi~
mwtpp~. ~~ch and ~vMy, pomp~l~ on ~h. d•ys rNp~cri•~Fy tM a~ Nv~r~lly b~can~ dw. . ~
2. To p~y a!I ~nd sieqvtw tM uae~. ~s~sm~nb. 1wws. li~bil„ws. oblipatiom wid ~nevmbraneN of ~rKy Mhrr~ a~+d tcind now oe~ Nid dticrib~d
woperty.. a rMt her~~f~N may b~ Mnpw~d, wNN~d. P~~ced. Iwi~d, or ~~wawd tMnon. OI IMI ANf~FfN m~y b~ kv~ed a N~ess~d ~rpon ths Mor~
ps, a th~ ~~dn~a Ncw~d h~.~by. ~~ch ~nd w~ryr, wl»n dw ~nd pay~bl~, actwAinp to Isw, befa~ ~My becor.» ~~IirpwM. a~d b~f«~ ~ny imNN~
•?r~c?+es o~ ~ar pen~~fy ~f :~cv~~ed: ANO ~NSOfAR AS ANY !HEREOF IS Of RKOR~ TNE SAME SHAIt SE ~RO~IMit~ SATISf1ED AND QISCHARGEO OF
VECOPp AMO INE OR:G~h:At OfFIC1Al OOCUMfNT 1~H AS. FOR INSiANCE, TNE iAX REfE17T OR iHE SAIISfACiION PAYER OFfIC1AllY ENOORSf~
44 tERT1ftE0) SM/tll 6E VIA~ED IN iHE HANpS Oi SAIO MORiGAGEE WITHIN TEN DAYS NEXi AfTER YAYMENT; ~~+d ~n the event ~hN ~ay the~eol if no1
w~d, a~+ ~(~eA rnd d~ac?+Nped s~ d MARiGAGEE .n~y ~ny p~~ ~h~ sa.~ a~~ryr put ~Frr~ol w~~hwrt w~iv~np o~ •1(ecn.g •~y oQ?wn, b~n. pu~ry w
•.7nr unar a by r~n,K of th~~ mor~pp~ ~nd tM /vlt ~.nw~ni oi e~cl+ ~nd ~v~ry wch p.ym.n~ sh~ll b~ ~mm~d~•~•t~ dw •.+d p~y•b1e ~nd ~h~ll beN io~e~~s~
~•r,m H+e d~~~ ~M.w1 unril p~~d ?~e~ ol n,~u p~. c~n~~m pN ~.v~wn •nd t ~t r w~~h ~~ch m~~re~t sh~ll b~ ~ecvr~d by rM I»., of ~h s mwp~p~
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