HomeMy WebLinkAbout2143 2~58~2~ b ~
THIS INDENTURE. INI~d~ th~ 1'7th ~y of temb~r , A.O. 19?l., batw~
Mertan J. Rashlev and Betty Ann Rashley, his wi e
o( St . L
ucie C01111ty Coynfy florida, Mrei~aflN dtiignited as the "MORTGAGOR," snd FIRST FEUERAI SAVINGS AND IOAN i
ASSOCtAT10N OF iORt PIERCE, • corpor~tion wpani:~d and exii~ir+p undN th~ (aws of tM Un~ted St+t~s of America and Mvinp its ptincip~l pl~c~ of
buun~ss in th~ City of fwt PiKp, St. Luti~ County, FlorWa, her~haha d~sipn+ted as th~ "AhQRTGAGEE." f
WHEREAS 11?~ MORTGAGOR is j~~tly ir~bt~d to 1M MORTGAGEE i~ the sum oi : L6 s 0~•O0 , good snd lawful mo~ey of the United ~
Srafet advartcad by ihs MORTGAGFE unto Ihs MORTGAGOR, ss evidenced by • certain promissory oote of even date herewitb, oi wh~ch the followinp in
~ords ~nd fiyure~ is ~ trw coPY, towit: ~ 3-1~i412
16,000.00
Fort Piarce. F~o?~d+. Sept eabe r 1+7 , ~9 71
fw valus r~ceived, 1, we or either of us, promise to pay, wifhout dsfakalion, lo the o~der of FIRST FEDERAI SJ1VINaS ANO LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florid~, tM sum of j 16 ~ 0~ w;th inte.esf from date et the rate of a'i.~ a'o per ~~num, in ma~thly install-
menrs u follows: =134.00 0~ ths d~y of November , 19 7I" ~nd a lik~ sum o~ t1w carespa?dirg day of exh mo~+th therr
after until the whole be fully paid.
Each irutallment first shall be applied in payment of the i~rorost and then on the unpaid balance o~ the printipa! wm. If d sult is mad~ in tFa
payment oi any instaltment when due, and such default continues 3p days, ihen at the option of the holder, and witFw~rt any other notice, sll ths rtmaini~y
~nstallmenta iMll be due snd payabk at once. Privileg~ is 9iven to prepay this note in whole w in part st any t~me without p~na(ty. tJ~ither fweb~araxe,
nor acceptante by the holde? thereof after any default in any payments he~eon, shall be deemed extea~san. A late payment charss of ~ 6~ 7O , ahsll bs
added to each irtstallme~t remaining unpa~d 7 days after ifs dus date, and a like sum shall be added to each auch installment remaininy unp~id 7 days ~her
eath succeeding paYment date. ~
Exh maka, surey ~nd endwsen c~reof, joinNy and seve~ally, waives demand, preaentment profest and notice of protest fw ~anpaymant, and f~rfher ;
egrees 1o any exte~s'a~ of time of p~ymenL either before a~ after malurity, withovt rat:ce to any of us; snd to pay all costs of collection, includ~ny a ~
reaxonebk attwney's fee i~ the event of any default hercunder, and hereby severelly waives all benefi~ of homestearJ and exemplion under tFM cor?flitutio+n ;
and Iswt of esch State of the United 5tates, as aga~nst thii obli9atio~ w any extensio~ w~er+ewsl hereoi.
Witneu the hsnd aod seal of each party.
s/Marton .J. Rashley ~wu
cs~?u
~,1Hptj,y. A~ Rashleyt ~q
c ,~24.00 ) $tat~ R~wnw ~U
f ~ ~
r~ow, THEREFORE, th~ MORTGAGOR fw the . 16 400.00 ~
pu pos~ of ~ecvring payment of ssid sum df = ~ ~ ~ed th~ performance of tM
coven~nts ~nd ayr~ements hereinafter expre~ud, and fw divers ~ood and v~luable consi~erations, by these presents, does grant, barysin, tell. ~emise,
release, conwy and conf'um umo th~ MORTGAGEE, itt wcceswrs and assiQns, dl tMt certain lot, pieat or pucel of lu+d, sitwte, lyir?p, and beinp in the
County of SL . LLiC 1 Q ~ and Stat~ of Flwida, dewibed ~s follows: ,
~
That part of the South 60 feet of the North 937.53 feet of Government Lot 4
lying East of Right of Way of FEC Railroad with ri~arian rights. All lying -
in Section 26, Township 35 South, Rangc ~O East.
+
~';a oF L U I-t 1:~ A . a~ O IN wrrwFxr oF T~et
} DOCUN~E`lTAr-~`_ Sj.iPfP 7ax ouE a aass ~ urr~c~ ~ r~n,
f- PURSUANT TO C11APT;:R 20124. ACTS OF 19i1.
_ sEPZO'ii - ~ O O~ ROGCR POIT~,AS, Clerk Circuit Court ~
' t- U - =
~ - ~i 2 4 n Ajer.t fa~ CAI:IEL (1. KNOWLES, JR
' {p REii.Oi REYT~iiE •.~.y~'
' p8~19Q12 St lucie Coa t; Tax Coltector
~ ~ G
t DEPUTy l~ER1~
E
j ro9etF~ with ~II snd sinpul~r the terKmtnb, hereditamenb ~nd ~ppurtances the•eunro b~lonyirg or in anywife app~rt~ieinp tMerelo. ~nd dl rtn», iawr,
f p.aceeds ~nd profin xvuinq and to xcnre fran aaid prem+~, d! of whkh ue 'arcluded fn tl» above ~nd forpoinp description ~rd hab~nd~xn.
TO HAVE AND TO HOID the abow ckxrib~d and yrant~d premis~a vnto rM uid MORTGAGEE, its succ~ason ~nd ~uipns for~wr. Md ttw ~aid
their
MORTGAGOR fo~ hein, e:ecutors, dminiatrala~ ~nd assignt, her~by covenanh with tM ~sid MORTGAGEE, its succ~aton u~d ~ssipn~,
ihat thev ~ re lawful ~eized of tM uid emis~s in fee s'
iy pr anple; tMt th~ sam~ a~~ (ne, cl~ ~nd dischar~ed from all lism and N+cun~
brancn in law w in eq~ity, and that they w~~~ ~fe1T h~irs shall warrant snd d~feed tM titl~ to th~ taew to tir iaW
MORTGAGEE, its urccessas ~nd assipra, forwer ayaiest tF~e lawfui daims and demands of alt persoru;
PROVIOE~, ALWAYS that if tFk MORTGAGOR sl?~It p~y vnro the 1NORTGAGEE the promistory notr FMrtinbefw~ describad aod th+ll trvly, {xomptly
and fvlly p~riam, d~schar~e, ex~te, compl~te, comply wirh and abide by e~ch and every the stipulationa, ~yrNrt~enh, conditions and oovMS~ls of ~aid
promissory not~ and of this Mort9+q~, then this Mortya9e ~nd tM Eiat~ htrsby aubd ah~ll cess~ a~d be nuN and v~oid. ~
IT IS UN~ERSTOpp tF?~t th~ wwd "Mortyapw" whethe? in. th~ sinp~tar or plwal snywhen in th» MwtQage, shall M sinyular H on~ only ~rd
~ha!! be plwd iointly ~nd sevaally if mon tha~ one. ~nd that the wad "their" as uaed anywhere in thh Mortyaye shall b~ taken to mean "his:• •'hen••
or "in:' wFwrever tF+~ cont~zt w impli~s a admits. Alw. ~M~ wherever ther~ is ~ ~efrrsnu in th~ cov~nanb snd praema?» Mrein contairwd ro~ny of
fh~ puties hKeto, tM samt slwlt be c«utrued to mean ~s well ~s th~ iwin, I~y~l npresN+tatives, tuaesson a~+d assipra (eith~r volu~tary by act of tFw
parti~s w involuntary by operatan of tl+e I~wl of ~h~ same and that the covenants F»rein co~tained shall bind u~d ~M b~r»fits ~ad ~dv~otayNS inw~
ro tM r~sp~ctiw Min, byal rp~e~sntatires, succeuon u~d eu°yns of tM p~rtiet hereto.
Md said AAorty~yw~, fa themselves and their F~ein. I~gal r~p?esenatives, succesaoa ~nd auiy~s, hereby jointFy and s~vsrally cov~n+nt ~~d p~~e
i fo snd with tM said MORTGAGEE, its successon snd asipns:
~ 1. To pay all ~nd si~+pular the princ;pal and. intertst and the v~~i«n snd wndry wms of naneY p~Yabl~ by virtus of said promiswry not~, a~d tha
` mortp+p~• e+cl~ a~d ~vary, p.omptly on tM days resp~ctively t!N sarne s~v~r~lly becwn~ dw. ;
2. To p~y alf and si+gulu tM taxes, ~ssessm~nts, levies, lisbili~iei, obiiQaliau u~d erx~xnbr~nns oi wery narur~ a~d kind now on said d~w~d ~
' propKty, w that hereah~r may b~ impo~ed, suffa~d. Plaud. Iwied, or ~ssessad tMrson, or tMt her~ait~? may b~ Iwied a u~s~d upon thi~ Mw?~ t
' +4e, a tM ir~btednea tewr~d hereby. ~+ch ~nd ~very, wMwn dw snd pay~ble. ~ccordirg ro taw, befort they becan~ deli~qwnt, ~nd b~fon ~r~y iM~res~ 1
attaches or any penalty is irxuned; AND 1NSOFAR AS ANY TMEREOF IS Of RKORO THE SAME SH/1ll bE PROMPTIY SATISFIED AND DISCHARGED OF
RECORD ANO TME ORIGINAI OfFIC1Al OOCUMEN? (SUCH AS, FOR INSTANCE, THE TAX RECEIPI OR THE SATISFACT(ON PAPER OFFfC1AltY EIVDORSED
OR CERTIFIED) SHALL 6E PLACED tN THE HAMDS OF SAfD MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; sr?d in tM evtnt that a~ry tF~~of it not
p~id, pC~fitd •nd disth~ryed sa:d MORTGAGEE may at ~ny time p~y the same p sny pa~t thereo~ withovt w+ivirq or affetliny any option, li~n, ~quity w_ I
, •iqht undtr a by virtue of this morr9aye ~ind the fvll amo~rM of each and every tvch psymen? sMN bt immediately due and payablt and iFiall beir interqt ~
~rom the date thereof until paid at rete of nine per te~tum ptr ~n~ lher w~t • h interest sMll be secvred by the lien of th;s moryta~e. ~
BOOK ~ PACF~~41~
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