HomeMy WebLinkAbout1589 ~155~8
iHIS INDENTURE. Mad~ tM_ ~~h day of - ~pte~~r A.D. 19~~ , bew~r~en
J. L. Paule~r and (iinevra S. Pauley, his_ ~,fe
-
of SL. Iucie ~~~ry Florida, F.ereina(tsr desgnated a~ tM "MORTGAGOR:' a~d fIRST FEDERA~ SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, • cwpwahon oryani:ed and ex~stiny under tM laws oi tM Uniled Sfatt~ of Am~riu •nd luving its principai pt~c~ of
buiint~~ in tlw City of fo~t Pi~rce, St. tucw County. Flaid~, Mrt}na1Mi dsslpn+~ed ~s tF» "MORiGAGEE:'
WNEREAS the MORIGAGOR i~ justly indebted to IM MORTGAGEE i~ the sum of S 12~~0`~___., good snd lawful money oi Ihe Un~ted
$rates advancrd by the MORIGAGEE unto the MORTGAGOR, es ewdenced by a cer~am promitsory note of even dsle Iurew~lh, of wh;ch ths (oftowing in
ordt snd (i ures is a tr~s copy, towit: 3_1 382
s 12,OOa.00
~ q~
_ fwt Pi~rc~. Florida. `~~'em~r ~ ~ 19__L!__
Fw value received, 1, we w either of us, prom~se to sy, withoul defalcation, Io ths order of FIRST fEDERAt SAVINGS AND tOAli V~SOCIAiION Of
FOR~ PIERCE at fat Pierce, Fb~ida, the fum of 5--~
2Z~•_~ wuh ~n~erest Aom date at ttx rate ot _ 8~~ o pe+ annum, in moMhly iM1a11-
~=~rn~s ss (oltows: S__~~_!~~_ on the __~St day of H~ea~r 19__~__ and a like sum on ~he correipond~np day of each m,n?h lhao-
a~rrr unlil ~he whola be fu~ly pad.
fach ~nstetlment lin~ shall be apphrd in payment of the interest and then on thr unpaid balsnce of the prinupal sum. tf defa~U is made io tFw
~•a~~nrnt of any insta~lment when due, and such delautt tontinves 30 days, Ihe~ at 1he opt~on of Ihe Aolde~, and wi?hout sny othe~ notice, all the rem~ini~g
~~~stallmcnta •hall be due se~d payab!e at ortce. Priv~tege is given lo ~xepay this note in whole w in pa~t at any time withovt penalty. Neithepr ~faebearance,
no. accepta~ce by the holder Ihe~eo( a(ter any default in any paymems hereon, shap be deemed extension. A late payment charye of 3~!Y~_, shall ba
.~dded to each irutallment remaining unpa~d 7 days aher its d~e dare, and • Gke wm shatl tx addrd to ~ach such i~atallment remaining unp~id 7 days ~fte~
each succeediny payment date.
Each maker, surety and endorse~ hereof, jant~y and severaliy, waives demand. p~esentment protest and no~ice of prolest (or nanpaymeM, ~ed fu?tfie~
agrees to eny exteos~on of hme of paynxN, either belore or after ma~u~ity, without non~e ~o any o( us; and to pay a!1 costs of collec~ion, includinp a
~res~nebte attwnry s fee in the evem of any defauh hcreunder, and hereby severally wa~ves all be~rfit of homestead and exemption under the tonsfifution
~d !aws of each Sra~e of the Unlred $tates, as aga;nst ~his obLgation or any extension o~ renewal haeof.
Wifoess the hand end se~l of each party,
s~ J. L. Pauley ~~i~
(SEAL)
s~ Ginevra S. Piauile~ ~U
_ $18.00 ~ sf.~~ a~,n??„~ cs~w
;ss~.-wws~l~«r «~,~w~4 n.r~_
NOW. THEREFOQE, fhe MORTGAGOR fo~ the purpose of securing payment of said sum of S ~ 2a~~•~ ,~nd the performuxe of tM
covenants and a~rcenxnt~ hereinafter expressed, and fw divers yood and vatusble considcrationa, by these presenta, does grant, bargai~, ull, ~emise,
relea:e, convey and confirm unto the MORTGAGEE, its aucceasws and ~asigns, alI Ihat certain bl, pieta or parcel of I~nd, situate, lying, ~nd Eeitg in tM
County of St _ .~ri t± , end Sfate of Florida, dewib~d ~s follows:
Lot 20, Hlock 56, IInit ~5, LAlCEW00D PARlC SUBI?IYISION, as per plat ther8of recorded in.
Plat Book 11, page 5, of the public recorda o£ St. Lucie County, Florida, ?
S~f A 1~°F L U F21 U ~E iar~ tM 'AYMEIUT Of T
~ j DOCUMENTA ~~STA~----`X x~ PolT~ c~~~ 2072t, ~?CtS~o~' ~~Rn'~
~ o = SEPi37t ~ CIer1~ Circuif 1941. '
Ct _ -"s ' ; ~ COUrt
y ~ 8 k t ro? DaH~E~ N xM
oi?r. a ecrcKac ' ~ St 1R
P.B, ~soi i= ' Luci~ ju
~ ~1.~.~J
rogerl~ei w~rh all and singular the tenements, hered;taments and ~ppurt~nces therwnto belaging a in +nyvris~ apperqi~i~p ther~iubT
and a
I`renb, issws, ~
e~ueeds and prof;tt ~ccru~ng and ro sccrve from s~id p remises, all of which ~re included in the a b o
v
e s n d f w e p o i n p d
e s
v i p
t i o n a e ~ d h a b~ n d m.
S
TO HAVE AND TO NOlO the above described and gr~nted premises unto the said MORTGAGEE, its sutcesson snd auiyro forever. Md ths said i
~J!ORTGAGpR for - t'~~ he;rs, exrcutws, admin~strarors s~d •ssigns, i~ereby covenams with tMe said 1NORtGAGff, ib wttes~on a+~d +aiprr, ~
•++at --~-~L~-- lawfully ie~zed oi the said prem~se~ i~ fee simple: that th~ ~m~ ~r~ fre~. clear and dischar~ed from ~11 li~ns and ~nture~- '
:,.arxes in i~w o~ in equity, snd thst~_ w;tl and t~i}' heia sh~l! wurant ,nd d~fend tM title ro the ~~nw to th~ saW i
~ORiGAGEE, 7ts success«s and •asiyns, iwever aysinst fhs lawful daims •nd dema~dt of •II pe~wns; ~
PROVtDEO, AIWAYS that if th~ MORTGAGOR shatl p~y unto the AhORTGAGEE th~ ptomiuory note he?~i~befott desaib~d u~d shall hufy, promptly ~
a~d f~sty periwm, d~uMrye. e,escute, compl~fe. compiy with and ~b~de by each a~d eve~y the iripulafroru, ayreemenfs. conditions and cov~nanb of s~id
crom~ssory not~ ~~d of this Matysye, then thi~ Mwtyage •nd the Eatafe henby cre~ted sMll cease ~nd be null ~nd void. ;
IT IS UNOERSTOOp tMt the word "Mort or" whe~her in tM s; i
g+9 nqular w plural anywher~ in this Mortyay~, shaq b~ tinqula~ ii on~ only and
tha;i be plurat jointly ~nd ~everally if mor~ th~n orN, and that the wud "rheir" as used ~nywhsr~ i~ this Mwtpaye ~lutl be t~k~n to mtan "his.•• •'htn ° 4
rw "ir~," wFro~we~ fM conte+t so impl;es a~dm~ts. Also, ~h~t whereve~ there i~ a?~I~rence in the covenann ~nd ~yr~em~nb Mr~i~ cont~irNd fo any of
±~.e panies hsrsto, the samt ah~ll be construcd 1o mean we11 ~s 1he heirt. Ip~l r~pesent~tiwf, tuccessws a~u! ~ssiyns (eitMr volvntary by ~ct of tM
parrits w invplunt~ry by oper+tiori of the I~w) of rhe sarrK and ?h~~ ehe coven~n~s her~in conr~io~d sh~ll bind and rh. be~.fin .nd advanfay.~ inw.
~o th~ resp~c~iv~ h~ui, Iep~1 representatives, tuccessors and at+~prts of Ihs putin her~to.
Md a~id Matqport. 1a Ihem?elves ~~d Iheir FMirt. le9~l r~preunt~livet, iuct~ssW~ and ~uiqnf, hertby joi~tly and s~v~r~lly coven~nf ~~d aprN ~
~o •nd w~rh fM sa~d MpRTGAGEE, itf aucc~s~on arxf ~~s~yns: ~
t. To pay •tl and tinyui~r the piintip~f ~nd inrerett ued th~ variovt snd iundry sum~ of mon~y psy~bls by virtw of uid ptomisfay not~. aed fAN ~
mo.~ya~. ~ach and ~wrY. W~P~~Y oo ~M d~ys r~spect~vely the t~ wv~~~lly becort» dw.
2. To pay sll ~nd s~npular tM ~~aes. ~s~es?memt. I~rie~, liabilitih, oblqatiorn ~nd ~ncumbr~ncH of ~wry ~atw~ ~nd ki~d now oe~ Nid dr~crip~d
a~TY, a tMt F+~+~~fi~r ~+~ay b~ ~.npowQ. wifKed. Pl~ced. I~v~~d. a~wased tls~r~on, w thae h~reafre~ m~y b~ I~vad a aa~swd upp? thia Nlwq~
q~, a tM ir~b~~xs~ Ntw~d Mr~by, s~cf~ and w~ry, wMn dw ~nd p~y~bi~. ~ccadinp to I~w. M(a~ ~My b~conN d~Unqwnf, ~ad b~fw~ ~nr MN~~
•~+sc?~et u~ny ptn~hy is inturred; AND INSOfAR AS ANY iHEREOF IS OF RECORO iHE SAME SMAtI SE PROMPfIY SAi1Sf1E0 ANO pISCNAR~3ED Of
~fCGRp A?ip iHE ORIGINA! O~f~tlAL DpCUMENT ISUCH AS. fOR INSTANCE, THE iAX RECEIPT OR iHE SA115FACIION PAVfR QfFIC1AllY ENDORSEO
~iQ CERi1NE01 SNAIi SE PUCED IN 1NE HANpS Of SAIU MORfGAGEE WITNIN TEN DAYS NEXi AFiER PAYMENT; ~od in 1he •v~nt tMt sey tl?N~of i~ rWt
w~d. ~s+sf,~ ~nd d,ach~rqed ud I~tORTGAGfE m~y ~r •ny t~m~ p~y /h~ ~~rne or •ny par~ ~l,~~wf w+?lavl w~ivinp or •Ilec+inp ~ny opfion, litn, pviry a
•~j?.+ vnd~r a by n.nie o~ thit m~,rty~ye •nd the 1~11 ~n,o~n~ ol •~th ~nd ~vtry ~~ch p~yrrkM ~h~ll ~ imm~J~e~~ly dw •nd p~y~ble ~r+d ~hall b~p infN~f~
~.v~+ d~~~ ~Mr~yl ~nul p~~d r~re o~ n.n~ p~r c~n1~m ptr •nn~mRnd r •~M~ w~th wch ~n~~res~ sh~ll b~ a~cu~~d by rhe i~t~ ol Ih~ mprylpf.
daoK 1~5 ~~~E 1587 ~
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