HomeMy WebLinkAbout0285 218'743 ,
THIS INDENTURE. Mad~ the llth day af NOV@IDbCt _ A.~. 1971 between
}ierbert S. Edwards and Dorothy P. Eciwarc~s~ hic Nife _
of SL. 1.i1C1C County Fla~da, here~nahe~ desgna+ed as ~he "MORTGAGOR," and itRS( FEDERAI SAVINGS AkD IOAN
ASSOCIATION Of FORT PIERtE, • corporaflon or9anized and ea~s~~nq under ~he laws of tiu U~ned S+sios of Ameriu and havin~ in principal plac~ of
b~sines~ in tM City of fort P~erc~, 51. lucie County, fbrida, herainafta desi9n~ted ai the "MORTGAGEE."
WHEREAS the MORTGAGOR is juttly indebted to Ihe MORTGAGEE in the sum of S 15 4ood and lawtul money 6f the Un:ted
S~ares advanced by the MORTGAGEE unto the MORTGAGOR, a~ evidencrd by a cena~n prom~ssory note of e.en da+e herewdh, of ~:h~cA the foilowinq in
rcrds and figures it a rrue copy, towil:
s16.000.00 ~ 3-17.625
Fo.~ Pierte, Flo~~da, November 11~ ~v~_
Fw value ~eceivcd, I, we w eiiher of us, p~om;x to pay, wiihout defalcanon, to the order of FIRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF
~^RT PIfRCE at fort P~erce, Florida, the sum of f 1~ ~ - w~th ~nterest irom date at the ~ate of 7~?
Sv per annum, in monthly instsll-
~ e~~fs as fol!ows: S 13~•~ w+ 1Ae 1SL day of Janua ry lq_72 and a Gke sum on the corre~pond~ng day of each moNh there-
,•ter until the who~e be (~Ily pa~d.
EacA ins!a!!ment first ahall te appGed in payment oi the interest and +hen on the u~pa+d balance o1 the pr~nc pa! sum. If d ault is made in the
, a,ment of any insrallment when dve, and such defa~h continues 30 days, then at the opnon of the ho+der, an~ wnhout any oehe? nof;ce, all the remaining
~~srallments shall be d~e and payable at once. Privile~e is given to p~epay this oote in whole or in part at any t~me without penaNy. Neithcr forebear~nce,
nor acceptance by the hotder there~f attrr any defa~lt in any paYments hereon. shall be deemed extens~on. A late payment charge of S-6 sh~ll be 3
~~ded to each instaiimeM remai~~ng unpa~d 7 days after its due date, and a fike sum ihali tie add~ ta each svch inatailment rema~mng ~npa~d 7~ayi after {
each succeed~ng payment date.
Each maker, suroty ar.d endorser hereof, jointly and severaily, warves demand, presentmem pr~t~st en.; ror~ce ~f prorest tor ~wnaayment, and further
a~rees to any eatenaion of tlme of paymrnt, either betore w after mawnty, w~~hout nor:ce to any oi. us; and to pay aif costs of co~lection, indud.ng a
~~sona6te atro:r.ey'; fx in the event of any defauit hereunder, a~d he.eby severally wa~ves alt benef~t cf homesread and exemption under the cor+sntu~an
~-o :aws of each S~ate of ~he United Stetes, as ag~~nst this ob6gation a any extens~on or renewal hereof.
1
W~tness the hand and seal of exh party.
s/Herbert S. Eciwards ~nq
. (SEAI)
s/Dorothy P. Eciwa rds ~~~t~
csE/?~)
~24.00 ) Sret~ Revenw
NOW, THEREFORE, the MORTGAGOR fw the purpoae o1 securing payme~t of said sum o~ S 16 • snd the perfwmance of the
covenants and agreements hereinafter exp~e~scd, and for d~vcrs good and vslu~bl~ conside~~t~ons, by these p*esenr~, daes grant, baryain, selt, rem~se,
~r:ease, convty and confirm u~to the MORTGAGEf, its successors and +ss~gns, all tMt ce~tain iot, piece w parcel of ;and, sit~ate, lying, and being in 1ha
:ounty of SL. I.t1Cle and Stste of fbr~da, descr~bed as follows:
Lot 13, Slock 2 of RIVER PARK - UNI? 1, as per plat thereof on file in Plat Book
10, aage 69 of the Public Records of St. Lucie Count3?, Florida,~
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~ogerl+e~ with ~II ar+d sinyul~r the tenemenb. he?edit~mentf and appwtances thereunto belorqing w in ~nywise appertaininy ther~to. ~nd •II t~nb, i~sues, ~
c.•oceeds and prof~n acvuirg ~nd to ~cuue from said premises, ~tl of which are included in the abov~ and fweyoir~ d~xrip~ion •nd habendum. !
TO F1AVE AND TO HOID tM above ~±e!~~~!w! •~d yraMCd p?cm~sts unto the s~id MORTGAGEE, ~~s succeswrs and assiqns fo~ev~r. /lnd th~ s~id ~
MORTGA R fw - the1 7--_-- Fxirs, •xecutus, adminisna+on and •ss~gns, hereby cov~nant~ with ~he said MORTGAGEE, its svcc~swn ~nd ~up+u. 3
rhat - t~e~ a re-- 1~wfully se~:ed of the said p~em~ses in fe~ umpie: +Mt tM sar++~ s~e fra:, deu and discharyed irom ~fl liens ~u+d N+cw~?
;,rances in law a in equ~ty. •nd that they will •nd ~e] r _ hein sha11 w~rr~nt a~d d~Fend the feile fo tM f~rrk to tM ~sid
MORiGAGEE. irs •~,ccesso.s ~nd ~ss~yns, fwever aya~nst th~ ~awful cla~ms and dem~ a!I perscns; `
- PROVIDED, ALWAYS that if ?h~ MORTGAGOR shall p~y unto the MORTGAGEE th.~ pr.xnSsswy note ixre~nbe(u~ dt~cr+b~d and ah~ll t?uly, p~anptFy =
ar+d (uNy pe.(wm, d~xharfle, e¦ecure. ca++pi~re, comply w~th ~nd sb+de by each •nd evcrY fhe ~ripula~~ons, a9rQements. cood~~ions a~ cov~?unts of sald :
= o~om:ssay nort and oF ~his 1Mortqaye, then tl++s MorryaQe arsd rhe Ei~ate F.ueby created shaN cease and be nuf{ and w~d. +
" IT IS UNDERSTOOp Ihar the word "Mwtyapw" whether in rh~ ::~1!u ar plurd ~nywhe~~ in th~s Mat9aqe, sh~ll be s~n9ul+r ~f on~ onlv w+d
- ~h~ll be ptursl jointly •nd severally if mq~ th~~ on~. •nd thal the word "their° •f vsed anywhere i~ th~s Mort9~ye ~hall be bkert to rt+~~n "his,•• •.hen,•.
w"~t~," whe~ever ~he contear w impli~s ot adr.iitL_Also, tM1 wherever thers ii a reference in tM cwen~~n and ayreemen?s here~n cont~in~d to ~nr o1
= ~h~ part~es he.ao. the sam~ ahall be consfnied fo mea~ is wsll ~s tht hehs. ley~t repreunfarives. svccessors and ~~sipns ~eitMr voiunt~ry by M of tM
o~rt~ss or ~nvolunt~ry by oper~tion of the law) of fht s~rr+~ and th~t rhe covenanfs herei~ conta~ned a1u11 b;nd •nd fF~ b~nehts a~d advanlpe~ inun
+o tM r~spectnt he~n, ie9~l rspr~sent~tivp. wcc~ssors sr.d ass ~:.s o! ~he psrnes hercto.
= And f~id Maryago+s, fa th~ms~Ives ~nd their heirs, ley~l r~presentatives. ~uccessors ~~d •ssiyn~, hcreby p~roly ~nd a~v~r~tfy COVfM01 u+d prK
ro ~nd wi+h ~he said MORTGAGEE, ~n succ~ssw~ and ~ssi9ns:
= 1. Tc ~ay •11 ~nd sirgular th~ prirxipaf ~nd u+re+~st and the v~r~ous ~nd s~ndry sums of money p+yabte by virtue ol ~~id prom~swry nor~, ar+d ihis
- matyay~. ~uh ~nd ~very, p~omptly on ~h~ d~yf rnpect~v~ly the sam~ sev~rally bec«ne dve.
2. To pay •II and s~rqu~~. th~ t~:es. ast~sunenb. I~vie~. li~bil~t~es, obr~ya~iwa a~d encumbancc~ of ~very Mrure •nd k~nd now on a~d deicrib~d
- wcp~.ty, or that Mre~f~er may be impw~d, suf}erd. Pl~ted. IevMd, a~u~swd th~r~oe~, w th~t here~fur m~y b~ Iev~ed a~ss~swd upon tha Allwtp-
- aQe. W ti+e indeb?ednr~f setvred hereby, e~ch ~nd wMy. wlwn dw ~nd p~r~bl~. ~cco~d,rq ro law, befwe they become del~nquenf. ~nd b~for~ ~ny int~.ea~
a~~~ches w~~~ pen~+ty +s ~~curred; AND lNSOFAR AS AN~I iMEREOf IS OF RKORp THE SAME SMAtI SE PROMVTIY Ss.TISfIE~ AND DISCkARGfD Of
FEtORD AND iHE ORIGO?vAL OFftCIAI OOCUMENT (SUCN A5, fOR INSinni~, iiiE ii+i~ R~tiiii vit TNE SATiSiAC110N ?AVER OFFICIAttY ENDORSEO
c:Q CERIIFIEDI SNAII SE PlACEO IN THE HANOS Of SAIp MORTGAGEE WIiNIN 1EN OAYS N[7(1 AfiER PAYMENT; •nd m the event t1+at ~~y th~reof if not
, a.d, ss! sf~ed and d~sch~rged sa d MORTGAGEE m~y ~t any ume pav ~he same or •~Y Pan tMreo~ w~rhou~ w~~y~nq o~ •ffec~ing sny op~~en, lien. equ~ry a
•.~hr ,,nde. or by y~~tue of ~h~s ~*+o~~g~fle •.+d rhe ~~II amovnr of each and every suc~ pav~~~ shall be ~mmed~arety d~e and p~y~b~e •nd ~hall bea mta~s~
•.cm rl,~ d~te fhereof unnl p~~d •r rare o} n~ne pe• cenrvm per ann~m ~r.d.~o,erlW~,y~ iucA .nreres+ sh~~l be +rcur~ by the r~e~ of th s morytaq~.
1 7 t-A~t 285
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