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HomeMy WebLinkAbout2985 ~s~s TNIS IfJDENTURE, Ma.~ rhe_ Sth day of ~oVQIr ei , A.D. 19 ~1 between _ Charles Overstrtet Burke and Alice Itucks l3urke, his wife of - ~it . L-~cie ~punfy Florida, hereinaft~r desgna~rd as th~ "MpRTGaGOR,° and fIRST ifDfRAt $AYlNGS ANp LOAN ASSOCIATION Of iORi PIERCE, a mrporat~on ayanized ~nd ex~st~np unde~ the law~ of t!w United Saws of Amer~u a~~d havinq it~ pr~ncipal pl~co of bus~n~is in ~M City of Fwt Pi~rce, St. tuci~ Counry, florida, hereinaf~er despnated as th~ "MORTGAGEE." WHEREAS tM MORTGAGOR is justly indsbted to th~ MORTGAGEE in the sum o( j 11 LOO~• ~0 _ , good and lawiut money 8F the Un,ted S!ates adwnced by ths MORTGAGfE unro tAe MORiGAGOR, as evldMt,~d by a t~ne~ ~rPm~sswy note of e.en dete he~ewnh, of v,h~ch the (oilowin9 in ~ords snd figur~s it ~ trw copy, to-wit: r, ~ 11,OOJ,OU ~ ~_3-17.~~b Fort~Pie~ce.~Florids. -'i~1pV TibE Z J+ 19~~ Fo? value receivrd, 1, we w cither of us, prom;se to pay, wi~fiout dafaltstion, fo the order oi fIRST ifOERAt SAVIhGS AND LOAN ASSOCIATION OF F:~RT PIERCE af Fwt Pierce, Flo~ida, the sum of s 1 1,(7Q~. Ol~ r,~,;rh intereu (rom date af the rate of 7• 5_ ; per annum, in monthly in:tall- ••~ems as fo!'ows: S-~2 on the 15L day af ~~~'ZCtI Iq __72 and a like sum ori the correspondmg day of each momh there- et'er ~~vil the who~e b! 4ully pe~d. Each mstallment first shall be appliet! in payment of the intetest and then cn the unp~ d ba!ance of 1he princ pal sum. If d ault it made in thp . ~r~nenl of eny inatal:ment whr~ due, and ~~ch deta~tt conNnues 30 days, then at ~h~ opt;on of the ho:der, and witho~t any other notrce, a~l the rcmaining ~stallments shall be due ~nd payable at once. Privilcge i• yiven to prepay th~s note in whole or in psrt at any t~me without penalty. Nenher forebearance, nor accepunce by the holder thereaf after any default in any paymcnra hrrcon, shall be deemed ex~c~s+on. A late payment charge oF ~2 shall be ruded to each ins~aGment remainirg unpaid 7 days after itt due date, snd • Lke sum shall be addrd eo each such ~nsraiiment remaining unpaid 7 days atte~ each svcceed~ng payment dare. ~ Esch maker, surery and endoner hereof, jointly and seve~ally, wa~ves demand. presentment protest and not~ce of pro!est fw nonpayment, and further +~~ea to any extension of nme of payment, e~fher befo.e or after maturny, wnhout norke to any of us; and ro pay alt cosrs ef cofiect~on, inciud.ng s •±suna6k ano~ney's fee in rhe even? ot any deia~lt hmeundor, and F~ereby seve~ally v~afves all be~efit of homrs~ead and cxc:np!~o~ undtr the constitution .~d !aws of each S+au ot the United S~ates, as agamst this obGgation p•ny extens~on or renrwal herecf. W~t~css the Mnd and seal of each parry. f'hdYl(:S uVE'rStZE:et BUr~C~ ($EAl) ? (SEAI) s/ A 1 ice Ftucks Burke ($EAl) _ 16 . ~~J ) Stat~ Revenue (S~u ~a?~ps ~a~wRa ~c aq~wF~) ~ 11 c)00. 00 NO'N, THEREFORE, rhe MORTGAGOR fa rhe pu.pose of secu~ing payment of said sum of S ~ , and the perfwma~c,e of the ~ ..-~enaNS ~nd agreements lx~einafte~ expresscd, and fo~ diver~ gaod and wlwble cons~derations, by theae presenes, doea grant, bargain, se~t. rem~se, ~ ' ~r~eau, tonvey and co~f~rm unto tM MO~tTGAGEE, ib sutcessors snd assi9nt, etl that ccruin lor, piece a parcei of iand, situate, ly~ng, and beiny in the ~ ~ St. Lucie : ~o~nty of •nd Srate of Fb~ida, deacr;bed ss fo:lows: = From the ~ortheast corner of Section ti, Township 36 ~outh, R;,nye • ~ i tiU i'a;t, 5t. Lucie County, Florida, run ~cst 353.26 feet, thence ~ ~o.~tt~ -;O fect to a~oint of beginning, then~e run ikest 16~ feet, ~ _ thenct South 113.~5 feet, ther.ce ::ast 145 feet, thence ~torth ~ ~ 113.-.~ feet to a~oint of bec~innin„ , - .rt ~ ~ ~ ~;c~ RECWFD 2_~ Z IN PAYMENT Of T11~! ' DUE ON CUISS 'C tNTANG18LE P[RSCNAL PROPERIY. „ W} STA~i' E~F F L O R! U A f ~~~T i0 CHArTrR 2Q72~, ~crs oF is~i. - ~a DOCUMEN7AG STAMP 7AX R~FR PO~~r,AS, Clerk Circud Court ~ Z - _ ,ti.~ _ aS Aj~(;t ~0T UANIE! M. KNt1WlES, ~R _ ~ - ~ror-9'71 ' ~ ! s ~J O _ St lvcte Cour:ry Cellector = t: ~ = z - Tax - N U DL~I.Of REtF?Y[ ' ~ ` ~ C - QB.NOt12 ~ - u~run c~wc ::n ~ to9e+htr w~+h •II e~d singular the renemem~, herediraments snd appvrr~nces rhereunto beipng~ng w in anywis~ •ppe.taining ther~to, •nd •II rt~ri, iuues, :4 proc~edt ~nd prof~t~ acau~~q ~nd to ~ccrue from s~id prcmises. ail oi wh~ch s~e included in the ~bov~ and fors9oin9 dstcription ~nd Mbendum. TO IiAYE AND TO MOlO the abo~e deur~bed and yr~nted p~em~sti unto the u~d MORIGAGFF, ~+s sucuisw• :nd aaa~ni foreve~. And tF+~ said th~lt ~ _ MSpRTGAGOR ip hein, e:ecuta~, ~dminisrr~tors and +ss~g~s, hereby covsn~nh w;~h t1~e ~d MORTGAGEE, iH ~ucce?sor~ and ~ss:pns, 4 - L ~lf: a: N : rhar Y----- lawfualy x~:ed of the said prem~se~ in fee s~mple: tMt tM sam~ , nd d~uMr9ed (rom •li liens and ~+cum- ~ i - brances ;n law w in equity, and tMt t~ey' will •nd t he i r ~;n •hall warr snd d~ltnd the ntle to ~he asm~ to tM s+id ' _ MORTGAGEE~ i~s avcce:iar• •nd •ss~9ns, faever ~yain~t ehe Iawful claims and dem~ndf of •11 p~raon~; _ PROYIDED, AlWAYS that if the MORTGAGOR shall pay uMO the MORiGAGEE the promisswy nore Mn~ntxfor~ dttcnbed ~nd sha!! nuly, piomptly - •~d Fuity pe~fum, d~xM~gr, execute, compi:ta comply w~ih •~d ~b=de by each and eve.y the stip~lanons, agreeme~y, to~dnions and cown~nn of ta~d r promiswry note and of this Mwt~sys, rh~n fh~s Mortg~ye ~nd ~he fstate hereby created shall ceaH and be null •nd vo~d. ci IT IS UNDfRSTOOD tfiat the wwd "Mwtypa" whethe+ i~ tht s~nguisr or plur~l •nywhere in th~s Mwtyy~, sh~H b~ tir+yu2~r ~f on~ only ~nd shatl bc plurd pmriy u,d WveraNy i( more than on~. •nd ~hit fh~ wwd "rhelr" ai used anywhe.e in th~s Mwty~flt ~hall be taken to rrNan °his,•. ..hen,,. o~ "~ts," wherever the confe,n w~mplies w adm:ts. Alw, +hat wherever there is • refe~ence ~n tM covenams •nd ~grecmenrs here~n contained to ~ny of = 1M p~rt~ hereto, ~he ume s~+~ll be consvued ro mean af wett a~ the he;rs, leyal represertt~~ivd, ~uccessoss and •ss~gns ieiftier votum~ry by act of th~ p~rt~es w involunrary by oper~tion of the law) of the s~m~ snd ~hat ?he covenantt Furein cont~~ned sha{t b~nd •~~d th~ benef~ta •nd adv~ntay~~ inur• _ ~o the respective hens, ieg~l represenu~~~~s, succcssori and •sryns oF th~ part~es he~eto. And said Mw~gv,~ors. fw thems~lvn u+d ~heir }.~i~f, ipal represenutne~, successors and ais`q~s. F.ereby jo~rety and sev~rally covenant ~nd ipr~e = ro and w~~h the s~:d MORiGAGFE, succeasora and •u~y~+s: _ L To pay and sinpula~ tbe principal and ;nterest and the var;ow ~nd sundry ioms of maney pay~b~e by virtue of sa~d prom~swry noM. a~d thi~ w ~ morfyape. ~~ch and ~vKy, p.omptly o~ the days respecnvely fhe iame ~sver~lly becwn~ due. # 3 _ 2. To paY •11 ~nd ~;nyvt~r th~ t~xe~. •uessmenrs. I~vKS. I~abil~rKS. obl:y~tioni u+d encumbrances of every ru~urs and kind now on said dsscribed ~ _ ptoperh, or th~t ?ureaft~r m~y b~ impos~d, suffereA. Pl~ced. ~evied, a•ssessed tixrewi, a that here+fter may bt tev~ed w assessed upon tAi~ IMo~tp~ ~ +pt, a tM ind~b?edneu secur~d hereby, ~ach and wery, wh~n dw ~od p~ysbta sccwdirq to 4w, before they become deGnque~~. •nd before s~y inttreat ~ a~~tches w any penatty is mcurrcd; ANO INSOfAR AS ANY TMfREOf IS OF RKORD iHf SAME SNAIL 3E CROMPiIY SATISFIEO A~1D O~SfHARGEp Of 3 - RECORD ANL THE ORIGtNAI OFFtCtAI pOCUMENT iSUCM A5, FOR INSTANCE. THE 1AX RECEIPi OR TME SATISFACTION PA?ER OFfIC1AtlY ENDORSED j _ OR CERitF~ED) SNAII 6E VIACfD IN THE NANDS OF y11D MCRiGAGEE WITNiN TEN DAYS NEXT AfiER FAYMFfvT; and ~n the evenr tha? aay fhereot y no~ ~ - Pa~d. ~a~ sf~ed ~nd d,xh~rqed ss d MORTGAGEf may ar •~y t~me P:y tne same or •ny pdrt ~hereof w~~ho~t wi~w~ng o~ affea~ng any opt~on, li~n, equ~ty a •~p~,r unue~ w by v~rt~e o~ tA~s mo~~gaye and rhe !u~l •mu~n! of each and eve~y wc?+ pa~menr shall be ~mmediateiy dve •nd p~yable a~d shall ~~r ~nt~re~r ~ ~~om the date rh~reof unti! pa~d rate of n,ne pt• cenr~m per ann~m and toqeiher w•th avch ~n!erest shall be secu~eA Cy the i~en of ~h s mor9taqe. ~ B~~R~ ~ 7~ ~'1G~ ~~70~