HomeMy WebLinkAbout1782 2~i~8p ~ ,
THIS IN~ENTURE. Mad~ tha 13th ~y pf Sept~mber A.D. 19 71 between
Letvis B t+ajj~~r ar~d~~baXa F l<<~1ker? hic wifp
of St ~ ~ 1 , Counry Florid~, ha~einafter desig~ated ai the "MORTGAGOR," snd fIRST fEOERAI SAVINGS AhD IOAN
ASSOCIATION OF fORT PIERCE, • corpa~tan orpanized and existin9 unde~ ~ha laws of the Un~ted Sai~s a/ Americe ~nd havirg its principal place of
busin~ss in th~ City ot For1 Pierc~, S~. luci~ County, florida, herainaf~er deiiyn~t~d as the "M4RTGAGfE:'
WHEREAS tF» MORTGAGOR is ju~lly indebtd ro tM MORTGAGEE io t~e sum of S-~QQQ~.QQ-- good and lswfvl money o1 the Un~tcd
Sratei ~dva~ced by ~hs MORiGAGEE unlo ths MpRTGAGOR, as evidenced by a tertain prom~sswy note of even da~e he~ewith, of wh~ch the lollowinq i~
word~ •nd figuref is a trw copy, to-wit:
s10~000.0U
r,},_ 3_.t7,394
Fort Pierce. Fio.;d,, Se j
t~ e rnbe r 13 ~ ~ 9,~_
Fw v+lue ~eceived, 1, we w either of us, promi~s to pay, without defilcat;on, to Ihe order of FIRST FEDERAL SAViNGS AND LOAN ASSOCIATION Of
FDRI PIERCE at Fort P;erce. Flwidi, the sum oi : 10 ~ 0~ . w~th interest trom date at the rate of per annvm, in monlhly in~tell-
menrs as (ollows, ;SQ1OO pn tha day of :~10VetA~Lr tq~]~ and a I~ke sum on the cwrescwndinp day oi each moNh the~e-
after u~til the whole be fully paid.
Each i~stallment (irst ihall bs applied in payment o( the interest and the~ o~ the unpaid batance o( the princ~pal sum. If d ault i~ mads In the
~ayment of any insfallment when due, and such dcfault continues 30 days, thcn it the optior? of 1he hotder, and without any other notice, all the remaini~g
~~~s~allmen~t shall be due and payabte at once. Privil~ge is given to prepay this note in whole w in pa~t af any time without penslty. Pkither faebearance,
nor acceptance by the holder thereof afte~ any de(ault in any payments hereo~, shsll be dee~~ed extenaion. A late payment tharge of s'4s?~_, sh~ll be '
added to each instaNment ~emsineng unpaid 7 days altsr its due date, and ~ like sum aha~l be added to each such installrr~¢nt remaini~g unpaid 7 days ~fter ~
eech svcteeding paymtM date.
Eath maker, surery and endorse? hereof, joinlly a~d severally, waives demand, presemment protes~ end notice of protest fa nonpayment, ar?d furfher
agrees to any extension ot tim~ of payment, either before or after maturily, wifhout notice ?o any of us; and to pay all costs of collec~ian, inctud:ng a.
~easonabk attwney's f~e in the event of any default hereunder, and hereby severally weives a?I benefit of homestead and exemption under the constitution
~nd lews of each State oi the United States, as against this obligation w any extension or renrwat hereof.
Witness the hand and se+l of ~ach pa?ty. ~ ~
_ s/ Lewis B. S~'alker ~A~~ '
(SEAL)
s/ Barbara F. c~~alker ~~p
~ 1 S. ~0 ~ Sute Revenve (~AU
~s?+~ ~wLud~o ~Akat~
NOW, THEREFORE, the MORTGAGOR fw the purpose of securirg paymeM of said sum of s 10~00~•00 snd the performance of th~
covenanh ~nd agreements hereinafter eapresscd, and fa d~vers good and vslu~bl~ considcrations, by ~hes~ p~ese~ts, does yram, baryain, sell, ~emise,
•elease, convey and tonfi~m unto the MORTGAGEE, i» s~xcessors and suign~, elI that certain bt, piece w parcel of land, •ituete, lying, and beiog in the
Couny of S L. LUC l e and State oi Fbrida, deuri6ed ~s follows:
,
Lot 1, Block 1, RBPL„r~T OF PAL+1 GARD~NS~ as per plat thereof
recorded in Plat Book 12, page 42, of the Public RecoYds of
St. Lucie County, Florida, ~
SIA~TtoFf-LUl-lIUA
v r-- DOCUME,VTAn•, S i AMP T~ X
z = _ ° ~tve~ ~ - 6 ~ n~ tr?n+~r oF ~ ~
o _ SEP1S'71 •-y°: ~ DIIE ON dASS ~C' IMTANGIBLE rERSONIII ? t
tn V S O Q= /U~SiMMT 1~ CNA?TER Z0724. ACTS ~ 191~ 1
nc~t.oF e[r[1~c .
P.B. ~+o„: ROGER t01TRA~, Ckrk C+rcWt Coud
~s k'mt fot DA111EL N. KNOwlfS, J
St lude Countp Tax Collectar .
Bp ;
DEPU{Y q~Rlc `
~
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rogether with ~II ~nd singul~r tFK tenema~ts, hereditammn and ~ppu?unces there~nto belonginy a in anywise appert~i~iny thereto. ~nd aN nnrs, issuet.
proceeds •nd profitt accrvirp a~d to accrue from s~id pemise~. •II of which are included in the sbovt ~nd faeyoiny destription ~nd habendum.
TO W1YE AND TO HOID tM ~bor~ deuribed and ~ranted premises ~mo the s~id MORTGAGEE, iri i~ccsisors ~nd ~ssiyM forev~r. Md ti~ uW
their_
h10RTGAGOR for - he;rs, executors, administrators ~nd assiqns, hereby covenant~ with the s~id MORTGAGEE, its ivtceswn ~nd auipm,
rnat - L he~L-•3~e ~~wfully uized of tM said premisas in fee sEmple; that the same ~re fre~, clear and dixharged from all liero and ~ncw~r
brances in law o~ in equity, and thst t hey will ~nd t he i r hein aMll wansnf ~nd d~fend the titl~ to th~ samt to th~ uid
MORTGAGEE, its succeuon and au~yns, taever p~intt tha I~wfvl tfaimt and demandi of all pe~aorq;
pROViDfD, AIWAYS that if tht MORTGAGpR iMll pay unto the MORTGAGEE the promiswry ~oM hereit~befo~~ dewibed ~nd sMll truly, promptly
and fulty perfwm, d~scMrpe, ~xKUt~, compkte, comply with ~nd ab~de by exh ~nd every the stip~tations, preem~nts, conditions and covsnanb of ~aid
Gromissory not~ and o1 this Mptyay~, th~n this Mortyaye and the Estate hereby aeated shall ce~s~r and be ovN and void.
IT IS UNOERSiOOD ths~ the wwd •.Mwt9por•• wF~ether in tht sirtpular q plur~! anyyvF~e {n tF~it MortpiQ~, shall be sinyulu if on~ only and
ah~ll b~ plural jointly and wveratly if mort than one, and that the wad "the'u" as used anywhere in this Mwtpay~ sMll b~ taksn to mean "hia:• ••Mn•.
or •,its,•• whaever tM cont~xt so impliet a~dmits. Also, that wherever there is ~ reference in tht covenants ~nd ayr~ements herein co~t~in~d ro any of
rhe p~nies herNO, tM s~m~ sMll b~ construcd to me~n as well as tht heirs, I~yal rtpresentativea, succeasors and aui9ns (ei~her volunt~ry by ~ct of 1Fw
parties p involunt~ry by operatan of the law) of tM s~me and that the covenants herei~ contained shall bind ~nd tM ber?efitt and adv~ntaytt itwr~
ro the r~sp~ctiw heirs. iey~l representativss, wccesson ~nd asa~pns of tM partis~ F~aeto.
And s~id Mort~ayort. /o~ themaelvq and the'a hcin, leyat r~presentativq, sucteuors ~r+d ~uipn~, hereby jointly •nd s~verally cwenant and pr~e
ro and with tM iaid NWRTGAGEE, ~ts succeswn and ~s~pns:
1. To pay ~II and sinpul~r the printipal arKl ir+tere~t and the vario;» and iundry sums of ~w~.r wv,bt. by virlue of said promisswy note. ~nd this '
n+o~tps~e. ~ach and ~vtry. promptly on tM days respect~vel~ tlw :~me uvsr~lly beco.nt dw.
2. To p~y dl •rd ~inQvJar rh~ taxe~. ~siessmenq, lw;es, liabilifit~, obligations ~nd *nc~mbr~rKy of ~very ~ature ~nd ki~d now on said descr;bid ,
propMty, a tF+at Mre~ftt? may b~ irnposed, suffe~~d, pl~ced, levied, or ~utssed thereon, w IMt hereafter may bt levied w asseued ~pon thb Mort¢ ~
aye. w the indebtedneu secur~d he~~by. each k+d evMy, when dw ~nd payabk. ~ccordinp ro law, b~(we they brcon+e drlinqvent, Md btlpl My jn?NNf
afrathes p any perulty is incurrsd; /1ND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROAAPiIY SATISFIEO AND DISCMARGE~ Of #
RECORO ANO THE ORIG1NAl OFFICIAI DOCUMENT lSUCH A5, FOR INSiANCf, iME TAX RECE~PT OR THE SATISFACTION PAPER OFfIC1AllY ENOORSfO t
OR CERi1F1ED) SNALL af YUCED IN TNE HANDS OF SAlD MORTGAGEE WITMiN TEN DAYS NFXT AFiER PAYMENT; •nd in the ~v~nt tM1 ~ny thereof if rwt
pa+d, sat ~fied •nd diuh~rged sa:d JNORTGAGEE may at any t+me pay the same or •ny p~rl thereof without wa;vinq or afitcting any option, li~n, equity or
•,aht under p by virtue oi this mortgaye and ~he /ull a~+~ount of each a~d every iuch p~yment shaN be immed~erely due artd pay~ble +nd ~h~ll bsaa intMesf
i.w++ ~he dar~ ~h~reo/ until paid ~e rNe of n~ne per «ntum per •nnum and toqether w~th sutj~ ipeer~t~ b~ secy~~~e lien of th:• maqta9t.
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BOOK i7 PACE 1 U
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