HomeMy WebLinkAbout1591 2155~9
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9th September 71 ~
THIS INa[NTURE, Mad~ the day oi , A.D. 19_ botwe~n !
k'i lliam L. Bailey and Lois S ailey~ his wife ,nd Ronald i-. Courtney and ~
Ja~quelyn N'. Courtney~ his wifef ~
oI SL . L.tiC1E , Cou~ry florida, hereinaf?er desgnated a~ ths "MORTGAGOR;' and FIRST ~FEDERA~ SAVINGS A~~D IOAN
ASSp~IAiION Of fORT PIERCE, • corporat~on wy~ni:ed and ex~s~infl unde~ Ihe lawi o/ ths United St~~p of A~rwriu~ nd Mvi~y its principal placs of
busin~ss in tM City of fatfi~rca, St. lucie Covnty, floridi, Mr~inalter dssipnated as the "MORTGAGEE:'
WliFREAS the MORTGAGOR ii justly indebted to tM MORTGAGEE in the sum of s 33~ 100. ~0 , 9~ and lewful money of the Un~tcd
Stales advanced by the MORTGAGEE unto Ihe MORiGAGOR, as evidented by a cerla~n promiuo~y note of even date herewilh, of whicA the followinp in
wo~dt and figurea is a trus copy, to-wi~: ' ` ~
s 33 ~ 100. 00 ~-17 ~ 3tiU
Fort Pierc~, Fi«~d., _SeFt~mber ~q_ 71
fw wlue received, 1, vve a either of us, prom;se to pay, without defalcation, to 1he orde~ of FIRST FEDERAt SAVINGS ANO LOA.~! 1?~.SOCWTIpN OF
FORT PIERCE a1 Fw.t Pierce, Fbrida, the sum of 5--~~-i~QQaQQ---- w~~h inte~est from dete al the rate of Z_~7.r'.A,'o pet acxeum, in monlhly insf~tl- ~
~~tenu as follows: S_2?2t00 on the _~St aiay of -J~uarv 19_72_ and a like sum on ~he cw~espendv~g day o~ esch month therr
atrer ~~ti1;i ~he who~e be (ufly paid.
Each instafJment (irit shall be appGad in paymenl of tl~e intrrest and then o~ the unpaid balance oF the p~int~pal sum. If detauh is made ir1 the
~•aymem of any ins~a~lment when due, and such defauh caitfnues 3p days, Ihen a~ ~he option of the holder, and without any other natice, sll th~ remainin~ !
ns~allmcnls shall be due and ~ayable at once. Priv~lege is givcn to prepay fhis note irr whole or in part at any time without penalty. Neither forebearante,
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rtor acceptance by the holde~ therepf a(trr any defauli in any payments hereon, shall be dtemed extention. A late payment tharge o0 s~ • sh~ll b~
>dded to eacfi iostallment remai~i~g unpe~d 7 days after its due date, and a like swn shall be added to each such installment remainin~ u~paid 7 d~ys a(ter
each ~~tceeding paymeM datt.
Esch maker, surety and endo~ser hereoi, joinNy and severatty, wa:ves demand, presentment protest and notice of prote~t {o~ rw~payment, and further
agrees to any extension of tune of payment, eithrr be(ore or atrer mawrity, without nol~ce to any of us; and to pay all co~ts oi tollection, includiny •
reasonable atto:ney's fce in the ea•cnt of any detault hereundrr, and hereby severally waives att beneiit o( homestead and e~cemption under the tonslitution
and laws of tach State o! the United States, as agains~ this obE~ga~io~ or any eate~sloo or reaewal hereof.
Witness the hand and srjl of each party. • •
s/ N~illiam L. Bailev ~~U
s/ Lois S. Bailey ~au
sl Rona2d L. Couztnev ~U
s/ JacQuelyn W. Courtnev ~
$49.65 ~ State Revenvs
fsra~pt ~~?~s~i+~ ~i
NOW, THEREFORE, thc MORTGAGOR for the purpose of securing payment of said s~~ of = 33 ~ 100. ~ ~/a~Ma af tM
covenants ~nd agreemenri hereinafrer expressed, and fq divers good and valuable consideratioro, by these p?esents, does grant, baryain, sell, remise,
release, convey and conf~rm ~nto tho MORTGAGEE, its successo?• and auigns, all that certain l04 piece w parcel of land, situate, (yi~y, snd beiny in tM
~~~~y ~ St . L.t1C le end State of Flwida, described ~s follows:
Lot 1, Block 3ti, RIVER PARK - UNIT 4, as per plat thereof
on file in Plat Book 11, page 9, Public Recozds of St.
Lucie County, Florida, ~
W,. SIA7'~oFf-LUF2lUA
v F- DOCUMENTAp~ 57tiMP TJLX R~~ ~ • ~ tN pAYMEt~1r pF TAXQ
e
"w. DUE OM CW1St 'C' INTIINGIBIE ?EtSONAL PROPERIY,
J~ ^ SEP1Tit r ti' Mit~UAMi TO CFiAPTER 20724, AC
d = ~ TS OF 1941.
fYEii.OI tEYEC~ 4 9 6 5 ~ Roc:R ro~r~ c~~,~
P.9. »o~ ~z ~ ~c It~mt h~ OANIEI N. KNOWIES~ 1R
St lude County T~t Colletbor
~
DEPUiY CtERIc
rogether with atl artd tingular the fenements, hereditaments +nd appuru~ces therevnto belongirg o~ in an appe~t~inirg thersfo, and all r~nts, iasws,
p*oceeds and proiits scc?uing and to attrue from s~id premius, all of wFiKh ~re included in the above ~nd fwe9oirg descriptiwi snd Mbendum.
TO NAYE AND T HQID the above desa~bed and gn~ted premises uMO the said MORTGAGEE, ib successors and euiyro fweve~. /tnd t!w ~aid
MORTGAGOR fw -=~e
1
I----- heirs, executo~s, administrators and assgns, hereby covenants with tl+e said AACJRTGAGFE, its waessors ~nd ~ssipns,
they are ~
~hat - - Iawfully uized of the said premiset in fee simple: that the tame s~e frte, clear and discl?arped from ~1) Iiens and ~nc~wm ~
c.ances :n iaw a in equity, and thsr th will and t~ i r F~ein ~hall warsnt and d~fend tl» titl~ to th~ ~arn~ to tl» aid
M.ORTGAGEE, ~ta successors and ass~gns, forever again~t ~he Iawfvl claims and demandi of all perwrq;
PROVIDE~, AIWAYS that if the MORTGAGOR thall pay unto the MORTGAGEE tFw promissay not~ hereinbefore deuribed ~nd shall tr~ly, prompffy
a~+d fu{ty perform, d~uh+rge. execute, compkte. comply with •r,d ~b~de by sach and eve~y rM ~tipula~ions. ayre~ments, tonditions ~nd oovenants of uid
G~om~ifOty note and of fhis Mor~gage, then thit Mwtgsge and the Estate hereby crested shall c~~s~ ~nd b~ n~ll and wid.
IT IS UNDERSTOpD tM1 the word "Mortgaga" whether in the singul~r or plural ~nywhere in thi~ Mort9~e, thalt M~inpulN if on~ only ~nd
~h~Il ~ plv+d 'pi~fly ~nd sever~lly if mwe tMn ons, and thet tM wwd "~heir" ~s used anywher~ in thn Mort9apt ahal! b~ t~k~n 1o meM "i~is.•• ••Aen;'
o. "iti,° whc+ever th~ conte,et w impl~e~ a adm~~s. Aiw, tMt wherever there is • roferenc~ in ths cove~snri and presm~nts h~rein coMair»d ro~+ep o1 .
+hs partiet he?eto, the ume thalf be coo~troed ~o mean at well as the heirs, leyd np~ssenr~tive~, succ~uon ~nd auiqm (~itMr voiunt~ry by ~ct of tl»
p~riit~ a i~voiunt~ry by oper~rion of the Isw) of the ~ama and th~l the coven~nt~ he~ein co~t~ined ~hall bind ~~d tM beMfitl ~nd sdv~ntap~s 'pwr~
to tFie respettiv~ hei~t, lepal represent~tivts. fucce~sw~ ~~d ~~s pni o( ih~ parti~s Mreto.
A++d uid Matqa~ors, fo~ ~Mmaelvh ~nd ~Mir heh~, legal rep.~sentativ~s, aucuuon ~nd ~ssiqns. htr~by joimly ~nd Nv~r~lly covaunt ~nd prN
to ~nd with tM sa~d MORiGAGEE, itt sua~sson ~nd ~a~iyos:
L To pay alf ~nd ~~nqulu rh~ pr~nup~! and enrero~r ~nd the w,~ous ~nd ~undry ~ums o! mo~~y p~y~btr by virtw of .•~d P.oR,~.w.~ noN. ~nd thi~
~r+atp~pe. ~ach and ~wry, prorr,ptly on ~h~ d~y~ r~spectively ~he ~am~ a~wr~lly be<o.rw dw.
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2. To p~y ~II ~nd s~npvl~r tM ta,cn. ~~~nrrKnh. I~vies, li~bili~iet. obliy~tioni ~nd ~ncvmbr~nc~s of w~ry naWr• ~r+d kind now on Nk( dHa~d
p.opatY. a fMf hen~f~~r may b~ impos~d, suff~rd, pl~ced, bvi~d, or •ue~sed ~ht~~oe~, p IMI her~~lt~r m~y b~ I~vi~d a asN~s~d upon ihb Mafp~
s~, a ~M ind~bt~dn~a Ncur~d Ix.~by. ~~ch ~nd ~ve~y, wMn du~ ~rd p~y~bl~. ~ccadinp to I~w, b~lw~ th~y t»com~ d~linqwnt, a~d b~fo~~ ~ny Mqtpt
+~~•ch~s w~ny pen~N~ i~ inturred; l+NU INSOfAR AS ANY THEREOF IS OF RECORD ?HE SAME SHAlI 6E PROMVTl1' SATISfIfD AND pISCHARGfD Of
kE!ORD A1~p 1kE GRIG~NAt Uff1C_IAl DOCUMEN~ ISUCH AS, FOR INSIANCE. TNE lAX RECEIPT OR THE SATISFACTION PAPER OFHCIAIIY ENOORSEO f
tEQ11i~EG) SMAII Ef PIACEU 11i THE NANUS Of y110 MORiGAGEE WIiHIN tEN UAVS NEXT AfiFR VAYMENi; ~nd in ~M ~wnt 11.~t my thNwi N ~ot ~
c.~~d. at,*d ~r,d dnch~r~ed u d IAURtLAGfE m~y •r ..~y n.n~ p~y eh~ or ~ny p~~1 t?»~eof wnhou? w~iv~+ip or •Il~ctirq •ny op~ion. Ife~. pvity a
•.qht ur:d~r w b~ ?utw ol th~f ~++ri~ty~r~~ •nd IM luil ~mt~vnt u) •~th ~nd •wry wth p~ym~nt ~h~ll b~ im~n~d~~bly dw •nd p~y~b~~ ~nd fA~ll infNpt f
~•un ~he d~t~ I?.~r~bf vnul pa~d •e i~q u1 mne psr ~rntu.n p~r •nnum fn~ f •tiNr wdh wch iM~r~?1 duU ~~evr~d Gy fh~ h~~ of fh t morpt~. s
doo~~95 P~~~ 1589
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