HomeMy WebLinkAbout1372 21535~ ~ ~
THIS INUENTUR6 Mad~ th~ 8th da of $A te16~9r /4p ~y~? ti pef,,,,~
Paul a. ~o?~aldaon ~?c~d Ibrst?hia L. Donaldao~t hib ~ e<<
of .~r• L1~I~e ~~~ty Florida, MOP~IM~IN desiy~ated ai tM "MORTGAGOR," •nd FIRST FfOER~I s~vin?GS AND IOAN
ASSOClAT10N OF FORT PIERCE, ~ capaa~ion wpanised and e~cipiop under ~h~ I~v~n of IM Un~t~d Stu„ of Am~riu ~od h~vinp iri prinNpal pl~p of
busin~as ie th~ Ciry of Fwt Piac~, 5~. luci~ Couoty, Florid~. hKtinahe? d~~ipn~~~d a~ tM "MORTGAGEE."
WHEREAS tlw MORTGAGOR is ju~tly indebted to th~ MORTGAGEE in H+~ sum of ~ ~!L¦~V~~ , yood u~d 1~wfu1 money of tFw United
Srates advarxed by ths MORiGAGFE unto tM MORTGAGOR, as evidenced by a certain promissory r?ot~ of eve~+ d~te h~~ewitFw, o( which th~ (ollowinp {n
s2 ds' a~ i9~s is • hw copy, to-w~t: ~-17,~'~
{l Y~nr •
FIO
fo~t PiKC~. fbrfd+. Sevte~ber 19~ ~
Fw v~lw received, 1, vw or ~ither of w, promise to pay, without d~f~lcarion, fo tht o~d~r of FlRST fFDERAI SAYI A~~ LOAhI ~AS64CIATION OF
FORT PIERCE at Fwt Pir?c~, fbrida, tke sum of i 2~L~0~~ with inter.s~sl from date at the rale of _7•~'per amum, in mdnthip im~~11-
rt+enn ~s folrows: s~ 98•~ on ths ~ St day of J~~~_. 19__L~ and a lik~ svm on the torretpdnditta dsy of ~acf? monlh thK~-
~ after until ~he whol~ b~ fulSy paid.
Eath ins~liment (irs? shall be applied in payment of the iMeresl and then on the unpaid bala~ce of the principal svrh, (i Qefauit is m~ds in fh~
v Fayment of a!~ insl7tlnRat w?~en dw, and such drfautr cominues 30 days, lhen sf ~he option of the holder, ~nd without amr other ~ottce, all IFk remalninp
~nstallmMli shall be due and payabte at once. Privile~e u~ive~ to prepay this note in whol~ w in patt at any time witlwut penalty. N~ithe?
pf/o~reb~aranc~,
~ ~or ~cc t~nc~ b 1he hotdet thereof atte? sn defauit in ~n payment tMr~ of , shalf b!
~ eP Y Y Y P+Y~t~ hereon. ihall be deemcd extension. A Iate
~ added ro each insta~Iment remaininp ~npaid 7 d~ys ait~~ ift dua daN, and a l~ke sum ti~ail be added fo each suth inst~llment tamainirg vnpaid 7 days afiK
~ each wct~edi~y paYment date.
Each maker, wrey •nd endwse? hereof, joinHy and sereealFy, waives dema~d, prese~tment protest ar+d ~otice of protest fw nonpeyment, and furtMr
\ agrees to ~ny extensan ol nma o( payme~t, either before or afte~ maturity, witlwut not~ce ro any of us; ~nd to pay al! costs of collenion, incl~rdin~ •
~ rrasonabk altorney's fee in the ~vent of any dcfauh hereunder, and hereby severolty waives all benefi! of homestead and exemption unde~ tM coMtitution
and laws of eacfi Sute of the United States, as aga~nst this obliqation os any eattnsio~ p re~ewal hereof,
~
Witness 1M hartd and sNl of eath psrry.
i a/ Paul a. lbnaldeon ~,w
~ -
~ a rsthia l,. Donaldson ~U
cs~wu
~ f_ a L~+ ) State Rever?ue
~ t'~sn+prrsnnMed~-o~1Qlrwih++~x+}-
NOW, THEREFORE, the MORiGAGOR iw the purposa of kcuring p~yment of ssid sum of s~• ~ and tM perfwm~oc• of tM
covenanb and ayreements hereinafter expessed. and for divers yood and valwbl~ consideratiorn, by thsse presents, do~s 9r~nt, ba~gai~, sell, r~miie,
- releaw, ta?vey ~nd confirm unto the MORTGAGEE, its sucussws ar~d auigns, a!! thal cen~in lot, piece pr p~rcel of Isnd, situ~tt, lyina, and bsity I~ th~
v
Gounly of ~$ti. LL1C ~9 ~nd St~t~ -of Fbtida, d~wib~d ~s follows:
`
~e North one halP of the follaring de~cribed property:
The i~ of tt~e Ni~ of the S~ o~ Section 32, ?ormship 35 South, Rar~ge 1~0 gast, IBSS
the North 991.~t'-feet, and I~BSS road rigbt-of-~y, contain3ng 5 acrea a~re or less
lTing and being in St. I~cie County, Florida,"~
~ o:. ~ t~xEs
~..~1 P~~~
PRUPERI`(.
RECEIV~ tRN~? ~SS OF 1941.
w 5"~~ 1" ~ t- L(~ !~Z 1 U A ~~,NS Tp CNAPIER N~ ~
c~ ~ ~oC~''c`!Tf~o`~___S?r,~~P TAX ~ER P01tRIlS~ Clerh Grcud u~~R.
. N LE~,
~ Z _ _r - .ti - ~ _ b p IEL KNOW
= SEP-9'71 . _ 85 ~B~ ~ ~ -
c°~ = 3 6 0 0 y W~~ t„~ cotkcta
in ~tqt.BF EErEt::! .5~. ~ 'I~
,
P.B. i9o~ iz ~:i.~=-=-~ ~K
By ~TM
~ogether w~tl~ afl a~d singul~r the tenements. hcrcditamenb and appurtances the?wnto btbnpinq or in ~~yrvis~ ~ppert~ininp fh~nb, u+d ~H rMb, i~fwb
vroc~a~ds ,~+d p.of~n ~cnuirg and to xcrue irom a~id p~tmises, aU of whith u~ irrcl~?ded in th~ abow and faeyoinp d~ftription ~nd habendwn.
TO HAVE AND t0 HQLO rM ~bove described and prsnted pem~ses unto rM s~d MORTGAGEE, in uxceswrs and •uipm forwN. Md N» wId
HfORTGAGOR fw --~j~--- hein, exec~tws, adminis+~ators and auiyro, t~eby cover?~nri with Nw said MORTGAGEE, Hs wa~sson ~nd aufpns,
rMr Iawfvtly st~:ed of the ~a7d premia~~ in fet ~imple; that th~ ~ ue frM, cbat snd d'acharped fran dl li~ns and u~awir
b.ances ~n law a i~ eqv7ty, and that.'.~uto.~. w~ll u~d ~ i=' he3rs shdl warraM and def~nd th~ rNb to N~ s~nr to th~ w{d '
MORTGAGEE, its successors and assiqm, forever ag~inst tl+~ I~wfut dsims •nd demu~ds of al! penor~s;
PROVf0E0, ALWAYS th~t tf the MORTG/IGOR :hal! pay unro the MORTGAGEE tM promiuwy not~ Mr~inbefor~ d~cribd and ~11 truly, poanptiy
.r~d fully p~rform, d~uharQe, execute, compkte, comply with ~nd ~bide by each ~~d ~v~ry ths stipulatwm, ayre~menq. co~ditia+s ~nd coverynb of qid
prpmiffOry note and o! Mis Mortya~e, then this Mwt9ye ~nd ti+~ Est~t~ her~by v~ated ihalt ceas~ snd b~ iwll ~nd void.
w t
IT IS UNDERSTOOp tF?~t the word "Mor~ ~
ysgor" whether i~ tfw sin~utar or plvral anywher~ in th» Mwfpp~, tMap b~ urgular if one only ~nd j
shatl be plural jointly ~nd seve~ally if mor~ ?han one. ~nd that tM word "~heir" as used anywher~ k+ ti~is Mwt9ap~ shatl b~ fakM to m~an "his„" •'h~n,•• E
«"i»;' wherever the context w implies w adm;n. Also, that wherever ther~ is a refaenc~ ie~ ~Fw cownanri and ap~ten~nri lNt~in coMSlrwd b~ny of i
rhe psrrie~ hereto. the ume ah~l! be construed to mean n well tl+e heirs. I~yal r~presentative~, sva~swn ~nd assipna (~itMr volunt~ry by Ky pf th~ !
pani~s a iovdumary by operation of ~M lawl of ~he san+e and tfWr ~he coren•~n her.in comam.d sh.ll bind .nd ~M b.~.fin aed advamap~s i~rwn {
ro tM respectiw he"us, 1e9a1 representativp, wccesson ud ~u~yra of tht panies her~ro. #
Md said AFwtyaywY, fw rhemufvea and thei~ hein, lpal ripresenf~tives, succeswrs and auipns, i+~~tby jointty ~nd ~vuNly covtnant ~nd pIN ~
~o ~nd with tM aid MORTGAGEE, ih succawr~ ~nd ~uiym: ~
1. To p~y dl u~d ainpula~ tM principsl ~~d internt and tM v~rian and iu~dry ~ums of nqmY p~Y~b1~ by virtw of wid praniwwr not~. ~nd thi~ ;
monya~e, exh and wKy. P~a++Pf~Y on rln d~~n respecrivdr tlw umr stwr~lly bscorne dw. (
2. To p~y •ft ad s7npvtsr r!w axe~, assesuns.~n, levies. Iisbili~i~a. oblipat;om and encvmbrances of ewry nanx~ and kind now on Nd d~wi~d ~
woPK~Y, w rla~ hereahe~ n+~Y be +mPwed. s~ffer~d, pl~ced. Itvied, a ~sseusd rher~on, or thar h~r~attN m~y b~ I~vi~d a a~as~d ~po~ N+h Mortp~ i
ay~, a tM indebt~dnts~ sscw~d F~~by. ~ach and wery, when dw ~nd p~yabte. accordinp ro I~w, b~(w~ Mwy bscor?x dtlinqvtnf, and befor~ u~y IM~s1 ~
er+eches a~ny penalty i~ incurred; ANO INSOFAR AS ANY THEREOf IS Of RKORO 1HE SAME SHAII SE PROMPTIY SATISFIEO AND CISCHARGEO Of
RECORD AND TME ORIGIt~AI OFfICIAI OOCUMENT (St1CH A5, fOR INSTANCE, THE TAX REGEIPT OR 1HE SATISFACTION PMER OfFIG(AILY ENOORSEO ~
OR CERiif1E0) SMAtI df PlAtEO !N ZHE HANOS OF SA~D MORiGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in tFw w~eM thaf ~ny ti~p/ Is ~01 's.
pa~d, ~~~'sfied and disch~rqed N:d MORTGAGEE may st ~ny time pay th~ ~sme w any part therw~ witho~t waivirg or affectirq ~ny option, iiee, puit1r or t
~~qM under o~ by virtue of thii mortqye and the 4ull amount o~ e~ch ~nd every wcA paymtnt sfull b~ immedi~tely dw and payablt and ~hall b~ar intNpt
~•om r1,e d~~~ tF~ereof umil pa~d ~t r~ee of n~ne pe. csnrum p~r an R~nd toy~tF~er w~th such inre«sr shall be aecwed by tM ti~n oi fh:s maqtp~. ;
go~195 ~~1370
6 - ~..s _ . . .
, r :.,::_z ~ ~ _ , _ .
~ - ~
~