HomeMy WebLinkAbout0090 2186U~~
THIS INDENTURE, Mad~ tfie lst day of NOV@l~@Y A.D. 19 7~ between
_ John N. De?ore ~nd Grace M. DeTore~hi~ wife
of St • I'L~Ci@ Covnty Flpida, her~insfter dcsgnated as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE. • corpwation wp~nized •nd ex~stinp unda the laws of the U~~ted St~~os of Murica and havin~ its p+~~tipal pl~ce of
buur»u in tM Ciry oi ~ PiKC~, St, lvcie Counry, floRda, 1+~r~in+fts~ d~s:9nat~d as tM "MORtGAGEE:'
WHEREAS tM MORTGAGOR is jvttty indebt~d to ti?~ MORTGAGEE in the sum of = 11 f~a_Q~..._-, good and lawful money of the Un~tcd
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidrnced by a oen~~n promisswy note o( e~en date I~r~ew~th, of wh~ch the followinp in
words and figures is a uw copy. ~o-wit:
= 11,000.00 . ~ ~ 3-17~573
Fort Pie~ct. F(wids. Novembe r 1 19_~~
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fo~ value received. 1, we o~ either of us, prom~se to pay, withoW defslcstiwr, b the order of FtRST FEDERAL SAVfNGS ANO IOAN A.'sSOC~ATION OF 3
FORT PIERCE at Fort Pierce, Fiorida, the sum of S 11~~0'~ with interest (rom date at the rate of _Za~'o per annqm, jn monthly initall-
menrs as fotlows: ~ 82 on the 1sL ~y of Janua?rv , 19__~ and a I~ke sum on tFx cwrespond~np day of each month there- ~
efter until ~lu whole be fully paid. i
Exh instaliment first shall be ~pplied in paymenl of ths interest and then o~ the unpa~d balance of ths prinupal ium. Ii d ault is mad~ in 1he
payment of any ins~allment when dw, and such default cw~tinws 30 days, the~ at the opri~ of the holder, and without sny other ratice, ap 1M remainir~
~nstallments shatl be due and payabb st ooce. Priv~Iege is given to {xepay this note in whole or in part at a~y time without pena~ry. Neitl~ fo~ebaarN+t~,
no~ acceptance by Ihe ho{der thereof after any default in ~nY paYments hereon, shall be deemed cxfens~on. A I~~e payment cMr~e of S 4~10 shsll bs
added to each installrrKnt remainirg u~pa~d 7 days ~fter ib dw date, and ~ tike sum shall be added to each such installment remaining u~paid 7 d~yt ~fter
each succaed~ny payment dare.
Each make?, surety ~nd endorsK he~~of, pindy ~ kv.rdlY. w+ives dcmand, presentment protest and ~otice of protest for nonpayme~f, and further
agrees to any exte~~ion of t'~me of payment, eithcr before or after maturity, without notice to any of us; and to pay all cost: o! collection, includ~np a
reaaonable atrornry's fee in the event of any default hereundcr, and hereby severally waives a~l benefit of homestead and exemption undei the constitution
and laws of each Sta?e of the United St~tes, as agair.st this obli9ation o~ any eatens~on o~ •enewal hereof.
W~tness the h~nd and ieal of cach parry.
s/ John N. DeTore ~ni~
(SEAI)
s/ Grace M. DeTore `
ts~?u
16 ~ S~ 1 $tst~ Revtnw
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n~, z~.n~ra+~~ ~w
NOW, 1HERfFORE, the MORTGAGOR fot tht purpose of securing payment of said sum of E 11~~~~~ a~+d the performa~xe of ths
covenants +r~d agreementa F+ereinafter e:presud, and fw dfvers Qood ~nd valuable consider~twns, by these presents, does 9r~nt, bar9ain, setl, rem~se,
retease, convey and confirm unto the MORTGAGEE, its successors and •uyns, all that cer~ain lot, p~ece or ps~cel of I~nd, sit~at~, ly~ng, snd be~rp in th~ S
CouMy of 5t ~ Z'~1e ~nd State of Fbrida, dewibed ~s fotlows:
Lot 12~ Block 79, RIVER PARK, WIT 9- C, as per plat thereof on file in Plat
Soo;c 15, page 28, Public Records of St. Lucie County, Florida, /
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' R~WE~ _ ~ ~ _T ~1_ IN PAYMENT OF TIIXES
~ DllE ON CUISS 'C Ih1~N~IBIE P[RSCNAI PROPERTY,
~ PUR~;;AYT TO CHRPT:R 2;~724. ACTS OF 1931. '
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3 R~-° ~~~~.+w. Cieri~ C;imu,t Court
~ - as hgert fcr C;t;lEl N. Kt;QW~ES, JR
of t= L O~ ~ V p' St W`ie C~u~t~ Tax Celtector %
~ W 5 j A r t c S7AMP 7~ X
~ r UME,uTA ~
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~ - Movia~~~ i~ 65 ~ a~,;n c~~K
~ N v eiiT. a Rcrcrut = i
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~ rogether w~th •II ~nd singular -tM tensmenn. hcredit~mer+b and ~ppurtances therevnto betonq~rg or in ~nywise ipperuining ther~ro. and dl renn, issw~.
' p•oceeds ~nd profib ~ccruirg and to ~ccrut from taid pr~mises, all of which ue included in ~Fw ~bove ~nd fw~goirq d~wiption ~nd h~bendum_
_ TO HAVE ANOtLO MpID tha abov~ describ~d ~nd yranted premises unto rM said MORTGAGEE, ~n succ~siws u+d ~uVym for~wr. And th~ ~aid
MORTG R fp --he~r hein. ~atcutws, ~dministrators and •asqns. hereby cownants with the s~id 1NORTGAGEE, ih sutctason and asaiprr.
~ ehar y 8Ze I~wfully sei:~
of tM said premists in fet ~imple: tMt tM sam~ f.a+. cle~r and dixharped irom all li~ns ~nd ~ncun~
orarxes in law o. ~r+ eqvir~, and that "'ey wi11 and their F,e;n sha11 w~rrant and detend tF+~ t~~l~ a t!?~ sams to tlw wid `
•'N10RTGAGEE, its ivccessws u+d ~~spns, for~v~r ayair~st th~ lawful claims and demands of all perwns;
- PROVIDEO, ALWAVS ?M+ if tht NIORTGAGOR sMll p~y uMO ths MORTGAGEE th~ promisipy ~ots hsr's:nF.aEot~ deK~~Liid Md sAaii IrvOy, promptfy
ar+d ~uily perfwm. d~xMrpe. ~aecutt, compl~t~, cemply with and ~b~de by e~cA ~nd every fhe stipul~tions, ayreen+enti. conditions ~nd cove~a~» of ~ad
prom,swry not~ snd of th~s Mwtyye, ~hen this Mwt9p~ and the Estate hereby veated shall ce~w and be null •nd void.
;
- IT IS UNDfRSTOOD that the word "Mortpa~w" whetFur in th~ sinyul~r a plwal anywhere in ~hf• Mortyp~. ~hall b~ ainpulu if on~ mly ~nd
= ih~ll be plurd pintly and wverally if more fMn one, and fMt the wwd "~heu" ~i used ~nywMre in thh More9aye ~hall bs t~k~n to m~an ..his,•• ..F~er~
' w"~ts;' whereve? the conte:t w implies p ~dmits. Alw, tMt whsre~er there is • r~ferenu in the covenants and +y~eements herein contaiMd to ~~y oI
fh~ pa.ti~s h~reto, the ume ahall be construed ~o ma~n as well ~s the heiri, leyal r~pr~sent~tires, successw~ and ~uiym i*ithe~ wlunary by act of tF» E
- DIrtiH o~ involu~ury by oper~rion of tM Iaw) of ths ume and tha~ the covenants herein conta~ned ~hall bind •nd ~h. benefin •na aw.mpa irwn
- ro tAe resp~e~iv~ hein, Ip+l rep~nent~tives, wccetsws and ~u~9ro o~ th~ p~rti~i Mreto.
/u+d said AAo.tqpors. (o. themselves and th~i? h~irs, ley~l r~pres~+tativa, successon ~nd assi9n~, hereby jointly a~d MVlf~Ily COVIfN~11 ~f!!
ro~nd with th~ sa~d MORTGAGEE, its successon and ~aiyro:
1. To pay ~11 and ~in~ui~r the principal a~+d int~rest snd the variovs and sundry sums of mawy p~yabte by virtue of said promistory rat~, ~nd this
- mortfla9e, e~ch •r?d ~wry, pranptfy on th~ d~ys respectively tht same sewrally becortK dw.
~ 2. To pay •II ~nd Nf1~YIM the u~es. ~uesun~nts. I~vies, liab~l~~~es, obl~a~lom ~nd ~ncumbrances of •ven n~rure and ki~d now on ~a~d d~suibed
p.operty, a tMt hereafrN may b~ ~mpoad, u,ffered. placed. kvied, a aKes~ed ~F?e.eon, w that Mreafter ma~ b~ kv~ed a asstsaed upon this Mortp-
+ye, w the indebtedn~u s~cvr~d hacby. ~ach ~nd ~very, when dw ~~+d p~y~ble, accord~np to t~w. befwe they bscome delinquent, a~ bffOt~ My IDtMN1 #
arieches a•ny pen~Ity is incurred; AND INSOfAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII sE VROMPTIY SATISFIED AND DISCHARGED OF
1n~~ RECORD AND TNE ORIGINAt OFi1C1Al DOCUMENT (SUCH A5, FOR INSiANCE. THE TAX RECHPT OR THE SATISFACTION VAPER OFfICIAIIY ENUORSEO
OR CERTIFlED) SNAII SE PUCED IN TME HANOS OF SAIO MORTGAGEE WITMIN TEN DAYS NEXT AFTER VAYMENt; and in the evmt th~t +~y :hereof is not
pe~d, sat sfied and dischirqed s~ d MORIGAGEE rr+~y at •ny time p~y the ssme or any part the~eo( without waivi~q o~ +~fealny ~ny optan, (itn, equdy or
•~pM under or by vi~tue of th+• mortQ~9e •nd the full ~mount of each •nd every s~ch psyment tMll be immcd~ately due ~nd payabtt ~~d sks!! ~a: :.::e:sst
~.om the date thereof until pa~d •t rate oi mne per cent~m per •nnum and toye~he~ wnh fvch interest shatl bs sec~.cd by the I+en o1 th'~ mor9tiye.
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