HomeMy WebLinkAbout0195 21~5~8 ~
THIS INDENTURE. !Nade rhe- ~ st" day of _ ~tO~r A D. 19__71__, br~ween
Carl Tdirard F1lppsn and Mart ~lippenj__his_irffi
of ` 'St• iAiCie County Flond~. here~naN~r desK7nared as the '"MORiGA,r,OR."' e~~d flRji itC~FRAI SAViNGS ~fdD IOAN ~
ASSOCtATION OF FORT PIER~E, a corpor~tio~ organiied and ex~f~ing und~r the lawt oi the Un~ted Ste~as of Art:erica and hev;ng iti prin~ipel platr of
bus~ness i~ rhs C~ty of Fort Pieres, S~. lucie Co~nty, Fior~da, hereinalt~r des~gnated as ~he "MORTGAGEE."
WMEREAS ~he MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S_ ~J~~~~. _ , goed and lawf.,l monry ~f the Un red
S~ates ad.•ancrd by the MORTGAGEE unto the ~~10kIGAGOR, as ey~ticncrd by a ce+te,n pronr,sswy n~!e ef e~en d,re harew+rh, of v~h.c1~ ~he fo~:ow~ng in
=crds and f~yu~es i~ a t~ue copy, ro-w~~: No 3~~ 7~~7~
7 q
l~,l-!
Fort Pierce, florida, _ ~t~~r [..~,__19_L!
For value ~eteived, 1, we ar either of us, prom:se to pay, wirhoul defaicai;on, ro ~he order of FIR51 fEDER4l SpAV1hG5 AP:D IOAN ASSOCIATION O>
fORT PIERCE at fort ,erce, Florida, the wm of 5--~~7~!~_-__ w~~h ,nrerrsr from da~e at rhe rete of v~~ per ennum, In monthly instalt-
~nenis as fo;:o..,s: S-?~~~_ on the at day of ~Qe=~r , 19. , and a flke s~m on thr co:-espond r~ day of each month theie-
efre. unr~l the who~e be f~~ly pa~d.
Fach ~nsteli;nrnt first ~hall be appt~rd in payment of the inte~cst and then .n the unpa~d balance oi the prin~ pal ~um. If d a~1f is made in the
pa~~nenr of any installment when d~e, and wch detau:t com~nues 30 days, then at the o~:+~;n oi the i~o~oer, ana mvtno,;t an~ cther norce, all the ~emain~ng
insteL'ments shail be d~e a~~d payab:e at oncr. Prrvilege is givrn Io prepay this n~te in whpfe or in part at any t~me witho~t panalty. Neitheqr forebearance,
nor aaeptancr by the ho:der thrreof afrer any defauit m any pay r.en~s hc~ee•~, sf~atl be dermed eztens.on. A la~e paymem cha~ge of S-~! sha!I be
added to each ~nstaliment rema~n~ng unpa~d ~ days after ~ts due date, and a~~~.e s.,:n sfiall be added to tach such insta„~nenr re;~~a~n~ng unpa~d 7 days after
each succeed~ng payment dnte.
Each ma:.er, s~retY and endorser hereof, jo~nt:y and severally, ~,~a~ves dr~nand. Fxesentmrnt }~r~test and not~ce of proteu for r.onpayn~enl, and f~rther
egrees to ~ny exrens~on of t,n,e of payment, either before or aiter marunty, wi~hout nor,ce To an~ uf us: e~~d to E av all c::sts of cc lect;on, indud.nq a
reasur~able attprnty s fee ~n the evenr of any de.'au:t hercunder, and hereby se.e*o::'y waives a~1 benrf,t of ho~~es4vd .v~d eavmp!;on under the constitut~on
a~+d :aws of each State of the Un~ted Sta~es, as aga~rat this ob6gation or any eareni~on or rc~o.•.al hereof.
W~tness the hand and sea! of each parry.
~ Carl 8dxard F~ipp~a ~sEau
(SEAL)
a l~ar~ l~lippsn , ~F„~~
it t .5S ~sEAu
( ) State Revenve
(S~e^+P~' ew+eeN~wr erigi.~4 nwAe )
NO.Y, THEREFORE, the MORTGAGOR for the purpoae of securing payment of sa~d s~m o( 5-7~7~'~ and the pc~formanct of the
covenants and agreemenrs hereinafter expressed, ard for d~vers good and vat~ab!e co~s~deranons, by these presems, does grant, bargain, se!!, ~em;se,
re:eese, convey and confirm unto thr MORiGAGEE, its succeswrs and ass~gns, a~l that certain lot, piece a parcel of land, iituate, lying, ar.d be~ng in the
County of $t. I~eie ~ and State of ffonda, descnbed as fot(ows:
~
Lot ~0, Block 2, replat ot Pcl~ (3araena S~bdiviaion, as ~er plat thereof recorded in
Plst Boak 12, Page 1~2, Pnblic R+ecords of St. Lncie Coant~, Florida, ?
RE~E~VfD S~s IN P4`~1F"fT Of TAXE$
~:E ON CUISS 'C I~1A.'tG:(~1E FE~S~N4l P;2UPERIY,
W S 1~ ~ t~~ r~. U~ 1 U A P,;:S:;ANT 10 CkiAPT::a 2~ ~i, SC'; ~r 1~31.
i~ vOCISM~~ITa;,, cT'.rv:P TPX ~J~~S F'~~~'~'"~. C4'k C~.,.' t
J j 0Ci-4'71 ~f•'~ - t~ AE?f.! }:t i,'~:'ii"~ h,.'i:;'~l~. .:i
o= i 15 5= . p
t-' t~ = St 1;::_~_ Ci~rty Izx Cc;;le,.._r ~
(n :~EiT.Of CE'i!tCf _iS's.' ~
P.B. ~90~ ~ /yrr ~
BY -
! ' L'EPJTY CtERK
togerh~r w~rA aN a~+d iing~lar the tenements, htrsditaments and appurt~nces thereunto belonging w in anywise appertaining thereto, •nd ~II rentt, issues,
procecds and prof~r• accru~nq snd to accrue from said p~em~ses, all of wh~ch are included in fhe above and (wegoing description and habendum.
TO HAVE ANOtp NO~O the above descnbtd and yrsnted p~em~ses umo the sa~d MORTGAGEE, itf successors and a~sig~s forever. And the said
i~ei
MOR~GAGOR 4w he;n, e~ecutors, adminlstrators e~d a~s~gns, herebr covenant~ w~rh the said MORTGAGEE, i~~ •vc<es~o.~ ~nd au~Qns,
rhat 8~ lawf~lly se~:ed of the sa~d premises in fee simpte: rhat ~he ume a~e ~+ee, clear •nd distlurgcd from all f~eni ~nd ~ncum-
brances in law o+ in equ~ty, and ihat___~th.~_ wiR _ thelr_____,_ ~;~s shall wirrent and defend ~he title ~o the same to the iaid
MORiGAGEE. it~ ivccea:ors snd ass:gns, fore~e~ againit the lawf_! cia~^:s ar,d ~e-ands of a;l per~ons;
PROVIDEO. AtWAYS that if the MORTGAGOR shall pay u~ro fhe MORTGAGEE the promissay note here~nbefor• described and sh~tl rruly, promp~ly
and fully p~.form, d~uMrqe. eaec~te, complete, compty „unh and ab~de b~ each and every the stipulafionl, a9reements, cond~~ions and coven~nts of ta~
prom~ssay note and of tMs Mor~gage. then ~hi• Mw~9sye ~nd the Eirate hereby uested sh~ll cease and be ~ulf and vo~d.
IT IS UNDfRSTppp that the wo~d "Mortq~gpr" ;nhether in the s~~gulsr w plu+al anywhere in th~~ Mortqaye, ~hall be i~nyul~r if one only and
shall be plural p~mly ~nd aeverally if rr+a• then o~t, •nd tha~ ~ht word "~he~r"" af ~sed anywhere in th~s Mortgage shall be takert to mean "h)~,° "hen,"
a"ii~.'" where~er rhe context so ~mp~~es a admirs. Also, tha~ v.here~er there is • reference in ~he co~enantt and egreemenes t~ere~n comained to ~ny o!
she parr~es herero. the s~me ~hail be cons~rued ro mean ai well as ~he he~n, tiyal rep+efent~ilvet, wccessort and a~sipni (e~ihe? volunury by sct of the
parnes or in~o~unury by operatwn of ~he iawj o/ rhe sa.*~.e a~d rhat tF~e covrn~nrs here~n conra~ned shail bind and ~he benef~rs and advsm~y~s inur~
ro the re~ped~ve heu~, {epal reprefentative~, wccessors and assgns of the parhes her~to.
And s~~d Morrg~qors, fo. them~e~ves •nd ~heir heirs, leg~l represemari~~s, succesfo~s a~d •ss~gns, hereby ~o~n~ly a~d uveraily tovenan~ •rtd a9ree
io and r.~th the sa~d MORiGAGEE. ~rs suzcessors •nd •?i~gns:
1. To pay ~U and •~nyular the pnncip~l and ~nrerrsr •nd the vano~s and sundry svms of money pay~ble by vir~~e of se~d p•om~sswy nota •nd th~i
monpaye, exh and evtrY, premptiy on 1h~ d~ys refpectivefy the tame uve~ally become dve.
2. To pay all •nd s~npul~r the taxes. •isessment~, lev~e~. Iubil~ne~, obllgahons •nd enc~mbrance~ of every narure and k~nd now on s~;d describsd
aov~~r, a k+H hereaft~r m~y b~ ~mpokd. suffsred, plK~d. Ievied, or •ue~sed rhe~eon, o~ that lurta(rer miy ~ lev~ed or usessed upon this Morty.
~pe, o~ tM indebtedneu ~ecureC he.eby, e~ch and wery, when due ~nd par+ble, ~ccord~ng to law, bef«e they become delinqueM, and before ~ny imere~t i
•ttaci,es o~ any penaity is ~ncvr.ed; AND ~NSOFAR AS ANY THEREOF IS OF RECORD TNE SAMVE SHAIt BE VROMPfLY SATISFIEO AVD DtSCHARGfD Of
RfCORO AND 7HE ORIG17tiAt OFfIC1Al DOCI;A!ENT (SUCH AS. FOR INSSANCE. 1NE TAx RfCEIVT OR TNE SAIISfACiION PAPER OFfICIA~~V ENDORSED
OR CERTIf1ED) SNAII SE DtACEO IN TNE HAtVDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEVT; and ~he event thet •ny ~he~tol is not
pa•d. sH sl.ed •nd d~schsrged sa d MOATGAGEE may s~ any r~me pe~ tl~e seme or any per? rhereo~ wnhour wa~r+ng or sifecnnq iny op~~on. Len, equ~ty or
•~phr u.+der or by v~«ue o+ th~s ~~o~rgage and rhe !ui~ amovm of eech a~d ~~e~v t~ch pay~•+ent shall t;e ~mmed~a~ety d~e •r,d p~raole a~d ahall be~r ~nrere~~
~rom the d~~e the~tol vnrii p~:d at r»e of n.ne pe~ cen~v~* per ann~m er.d togethe~ v~~t Ks.; t es~ sha(~ F,e secu~ed b~ the i~en of th t mor9taQe
6~~K ~~~j Yar~ 1y5