HomeMy WebLinkAbout1881 21'7'723
THIS INDENTURF. Mede the_ ~ v~h day oi /v. ~tO~Qr A.D. 19_?~__, be~xeen
Philip Pearl and Blancha Psul~._his ~rif~
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of `St• I'~~ County Flonda, hrre~nafter des~~nared as thr "1F1i~i'ciGAGOR." ar.d itRST FEi~ERAI SAV!•~i,5 AhD IO~N
ASSOCIATION OF fORT PIERCE, a corporahon o~gsnized and ex~sNng undar the taw~ o( ih~ Untte~SletW of Ame~~ca and heving iti pr~nupal p~~ca of
busmes~ in the City of fon P~erce, St. lucie County, Fiorida, hrreinaher deiignated as the "MORiGAGEE."
WHEREAS the MORTGAGOR is jusdy indebted to the MORTGAGEE in the sum of S?~1~!~ • 9~~ a~~ la~'t~t mo~ry Jf the Un red
S+ates ad.vnced by the MORTGAGEE vnio the MOk1GAGOR, es e+~d~~urd by a ce~te~n promusory not~ of e.e~ ciere 1~r~rwah, ot ,en.ch tr,a todon~~:g ~n
words and figures is a u~a copy, to-w~r.
s21 , 800.00 pNo 3-1 T, 51 T
fort Pierce, Flo~~d~, -~tOb@I' ~ O 19_~ L__
For vaiue ~ecrwed, 1, we or eiiher of us, pron,;se to pay, v`ithout dafa!cat~on, to rhe ordrr of FIRST fEDERAI qSAVIrNGS AND IOAN ASSOCIATION O~
~JRT PIERCE af Fort P~erce, Flor~da, the s~m of S- _211`~""~~ v.~th ~i:terrst hc+n date at the rote Ofl~~7_°c per anr,~m, in mo~~thly ini~a~l•
Q 00 1 at l~ebrusry ,,q 7? 9 Y
~•~nr. as foLo,ns: S-- ~-7j-:-. on ihe day of and a 6ke swn on the corre na.n da of each month ~here-
~:rer u~~hl rhe wholt be iuily pa~d.
Each insra~lmznt (irst aha~l be appl~ed in payment of the interest and then on rhe unp,+:d t.a'.enc~ of the p~~~c pa~ sum. If d a~lt is m~de in the
•,~,~nen~ of any installment when due, and such detavh com~nues 30 days, then at the op+~~n of the hoder, and w~thoue amr ot'r,cr notice, all the ~emain~n9
~:sra~lments shall be due and payable at once. Prw~icge is given to prepay this note m who+e or in part at any hme without prne~ty. Ne~pther forebearante, E
~,~r accepra~ce by the holdrr thereo( af~2r eny defa~h in any paymems hereon, sn~!I bt de~~med eate~~s~un. A Iare ~a~mem cha~ge o( S v'~~ shal) be =
: 1ed to each inata~lment ren:a~n~ng unpe~d 7 djys after its due date, and a i~~e s~m shail be addad to each such ~nsral~mrni rema~n~ng unpaid 7 days aftrr ~
~•~ch succeed~ng payrt~a~~T date.
Each maker, svrety and endorser hereof, jomtly a~d severally, wa~vr: demand, p{esentm~•nt protest and nun~e of protest fer nonpaymeM, and funher
~~rees to any ex!ens~on of ~~~re of p~y+nent, r~ther before or afra~ matunty, wi~hout rro!:ce ro ant ot us; and ±o ~~ay al! cosrs of cdl~.+~on, ir~ciud ng a
-~sonaole a~tornry s iee the evenr of any dr.`au!t here~ndrr, and hereby se~ra!ly H,a:.es a~l be:zr4~t of homrstrad and eaempt~on under the cons:itution
~•~i ia~ns of each Srate of the Umred Steres, as aga~nst this obLgaiwn or any exte~s~on o. renc.•.e~ he~eof.
W~rness the hand an~ seal ot each parr~.
: s/ Philip Pearl (SEAL)
, (SEAU
3 3 Bl+~nche Pearl (SEAL)
i
(SEAI)
~ ~32 • 70 ) State Revenue
~ !~rrherps~nntriled~.~a.~.,~iw+~•w.~.~-
' NO:Y, TMEAEF;~RE, the IdORTGAGOR for the purpose of secur;ng payment of sa~d sum of s.-2~18~'~ and tfie performance of the
t ~ covenants and agreemems heromafter exp~essed. and fo~ d~ven good and valuab!e cons~de•at~o~s, by these presems, dces gro~t. barga:n. se!:, rem~se,
~ re~ease, convey and co~f~rm unto the MiJRTGAGEE, its successors and ass~gns, etl that certain lot, p~e<e w parcel of tand, s;tuate, ly,ng, and be;ng in the
° St. Lucie ~
County of and State of Fiorida, dnv~bed a~ {oElows:
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Lot 7, Black 25, RIYER PARK, Dl~(I? N0. 3, aa per plat thereof on file in
Plat Book 10, Page 80, of the Public Hscords of St. Lucie Count~, Florida,
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~ QECtiVED S_ -l- G' O I*1 VA'!MEf'T Cf iJICES ~
j, pU~ 011 CtASS 'C iYTAPlGiBIE FE'tSCNRI F'2~PER~Y,
K;w'S~Atii TO C1{AP1FR 2072~. 11CiS Of 1941.
ST ~,"i E t- t_.;-=~-t ; u a r,oc~R poirr,AS. c~~~ G«u~ c~~rt
= c~ c C . TA - , , t
~ ~ z ' _ ,r,~~' - _ ~s Agent fot OAf+1EL N. KNUWIES~ 1R
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o ~~-.~°;=;3 2? 0 st ~~~K cor,~,? Tu c~~to~
va-, " v:~,~~~~ _
p9. ~3o>>t 8y
~ DfPUtt CLERK '
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' together w~tA a~l and sing~iar the tenemertts, hered~raments and appwtences thereunto belor~g~nq or in anyw~se appertaining the~eto, and ~II rem~, i:sues,
Q~xeeds and profit• accruing and to nccrue from sa~d prem~ses, all of which are incl~ded in the above and fwego~~q description and habendum. ~
- TO HAVE AND TO tFiOlD~t~he above descr~bed •~d granred p.cm~?es unro the said MORTGAGEE, ~t• successois and afsiyns forever. And th~ uid
- MORTGAGOR fw ~e heirs, esec~twt. sdmin~s~rato~s and ass~gns, hereby covenants wirh the aa~d MORTGAGEE, its successors •nd assiyns,
That --t'h~~-u8-- lawf~lly seued of ~he said p•em~ses in fee sim.ple; th~t the same are free, dear and discharged from all Ilen~ ~r+d encurr~ ?
= orances ln Iaw or in equ~ty, snd that t~~ w~ll and _ their he~rs st~all warront and defend the title to the same to the said
° MORTGAGEE, i~s successors and ast~gns, forever a9sinu rhe la+vfu! claims and demands of all persons;
- PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~n!o tbe MORTGAGEE the p~omistiay rote here~nbefore described and 1haH t~uly, promptiy
= and fuily perform, d~scharge, exec~te, comp~ete, cor*+p~y w~th and ab:de by eech and every rhe •~~p~lat~Ons, ag~eemeMS, condmons and covenante of •a~d
= prom~ssory note •nd oi this MortgaQe, rhen th~s Mongage and the Esrate here6y ueated ihall cease and be null end void.
IT IS UNDERSTOOD that the word "Mortgagw" whe~her in th~ s~~gu~ar or plural anywhere in fh~s Mortgsge, shall be singular if one oniy e~d
~x? sh~tt be plural jo~ntly ~nd uverally if more ~han one: and that The word "thei." as ~sed anywhere in th~s Morigage sh~ll be teke~ to mean "his," "hers,"
or "~ts," where+er ?he context w impGet or ad~~irs. Ai~, that where~er there is a reference in the covenants and agreements here~~ co~rained to any of
~he pe.ties lureto, the iame ihall be construed to mean as weN as the n.~rs, tegal rapresent~tive~, tuccessws snd assigns (e~ther vofuntary by act ol th~
' pa~t~es or in~otumary by opera~~on o~ +he law) of the same a~d ~haf the covenants herem cor.tsined shall bind •nd rhe benefits and advantages i~ur•
- to the resprctive he:rs, Itg~t repreunt~tives, s~ccessws and ass'gns oi the part+es hereto.
- And said Morrg~gort. fo~ themselvet and their hei~s, legal represematives, successus and ass+gns, hereby jointly and severally covenant snd ~gree
- ro end wi~h the sa~d MORTGAGEE, ~rs succeuors and ass~gns:
- 1. To paY •^d s~~gular the pnncipaf and mterest and the wr:ous snd svndry sums of money paya6le by v+rrue of sa~d prom~swry note. and thif s
morrya9e, uch snd every, promptiy on the days reapec+~vely the same scverallY bccome due.
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- 2_ To piy sll •nd ungular the taxes, asiessment~, levles. G~bitiries, obliganons and encumbranccs of every nat~re and k~nd now on sa~d dturibed
_ property, p that hereafror m~y be imposed, •~ffered, placed, tericd, or •stessed +he•eon, a that hereatter may be Sev~ed a essetted upon this Morty-
~ye, w t1+~ indebtednesi secured hereby, each and every, when due +~d payable, accord~ng to I+w. 6efwe they become de~~nquent, and befor~ any interest
a~raches w any oenaity ~s intu•red; AND INSOfAR AS ANY TNEREOf IS Of RKOR~ THE SAME SHAII BE ~ROMPTtY SATISf1ED AvD OISCHARGEO Of
= RECORO AND THE ORIvINAI OFFIC~At DOCUMEr:T ;SUCH A5, FOR INSTAN~E. THE TAX RECEIPT OR~iHE SATISFACTION PAPER OfF1~lAlLY ENDORSED
OR CERTIFIED) SNAII BE PIACED IN TNE HANDS OF SAfD MORTGAGEE WITHIN TEN DAYS NEXT AFTER CAYMENT; arid m~he evem tha~ any rhereof is no~
= pe~d, sat sf~td and d~scharged sa d MORIGAGEE may at any t~me pay the same e~ any part thereof w~tno~,~ v.e~~::~g or affect~ng any epr~on. ~ien, equ,ty w
_ •~pht ~r.~ler or by v~n~e of th~s To•+gage and ~he fu~~ a~r,o~nT os each and ever~ svch pa~n em shalt be ~~~med.ate!y d~e and paya6le and shel! bear ~ntere~t
~.om the date thereo~ unri) pe.O a~ ~a!e oi ~:~e per ce~~~m ~er ann~m~nd + e e! wnh wc~ ~rne~ef} sF.al! Ce sec~rod br ~~en of th s mo~gta9e.
eooK~~D PACE~~
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