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HomeMy WebLinkAbout0405 1HI5 INQfNIURf. ni.a. llth d,Y of November ~s~ 71 A.D. 19 between _ John 6. DouQlas and M~?ry L. Dou9las. his wife of St. ~.t1C1Q ~pynty flprida, Mreinafter d~s~y.:.::~d si the "MORTGAGOR," and F~R$T fEDERAI SAVINGS At~D LOAN ASSOCIATION Of FORT VIERCE, ~ corporation orysnized and ex~sGr~ unde~ ~he laws of the Un;ted Sar~s oi Ame+~ca and hav;ng in principal plac~ of bus~n~u ie t!w Ciy of fort Pierc~, St. luc~a Couny, Florida, hsriu~aftK d~siynat~d as tM "MORTGAGEE:' WNEREAS IM MORTGAGOR is ju~tly indebted to tM MORTGAGEE in the sum of = 28 ~ 9opd and la~vfuf money of the Un ted S!ates ad+anced by the MORTGAGEE unto ths MORTGAG04, as ev~dented by a cenam promissay note of eYen dare herew~rh, of wh~ch the followinp in ..o.ds and f;qu~~s is a trw coPY. ~o-wit: s 2~•~~•~ r~,_ 3-19.626 ~ fwt F~e~c~, Flo.~da, ~VQnbe= lI a 19~_ fw valve received, 1, we a either of us, p:om~se to pay, without defa(catio~, ~o ~he orde. of FIRST FEDERAI SAVINGS AND LOAIV ASSOCIATION OF FORT PIERCE at forf P~erce, Florida, the sum of S Z8 ?0~ , w;~h ~nrerest irom date at ~he ~ate of ~Q'Yb pe~ annum, in monthty inarall- ~e~rs as fa~'ows: =23S.~ ~ t~ lit ~Y of .)aDLlaly 19_7~_ and a Gke ~um oo the cares~d~r?p day of each mon~h the~r af~er unti! the whole be fully paid. Each insrallment first shall be applied in payment of the interest and thcn oa the u~pa~d ba~snce of the prlnc pal sum. If d auh is msd~ in the E F a;mem of ~ny instaliment when dw, a~+d such default cw,~inuss 30 days, then at the opt~on oi the ho:der, snd wirhou+ any other not~ce, all rhe r~main~ny + .~,srallments shai~ be duc and payable at once. Privile~~ ii given ro prepay this nol~ ~n whole w in part at any t~me without ~:.s::~. !:^.E!':ar ixt~t:rar:ts, ~ nor acceptince by the hotder tFie~eof after any default i~ any payments hereon, sha11.5rr deemed eatcns~o~. A late payment cMrg~ of s_ li^! _,75 ~hall be 's >ddsd to each insullmero remainin~ unpa~d 7 days ~ftat iri dw date, and a fike sum shall be addrd to cach such instaltment remainirp unp~~d 7 days ~iter each sutteeding payment date. Eech maker, sure?y and endorxr hereof, jointly u~d seve.ally, wa~ves deme~d, presenrmcnt protest and no~~ce of proteat fw nonpayment, ~nd furlher agrees to any eatens+on of t~me of payment, either before o~ after maturity, witho~t noe,ce to any of us; ar.d to pay all costs of cotlection, includ:n9 a .~~sonable attoroey's fee in the event of any defauir Fxreunder, and hereby severatly wa~ves al! benef~t oi homes~zad and exemption under the constitutan ~~~d laws of each State of 1he li~ited States, as against this obfiyation w any extcnseon o~ renewal hereof. Witncsa tF?Q hand and ~eal of each party. ~ , ~ _s/ Johe E. Douglas ~A~ ' • (SFAL) s/ Mary L. pou9las ~U $42.00 ~ sta» Revenw ' ~U ; 51 A?i~F iYiiRl~i iiF i11~ri1?ii61~) NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum o1 S 28~ , and tM perfo~msnce of th~ covenanb and agreemenh Aer~inaiter expre?sed, and for d~vers 9ood and valu~ble tons~derations, by these presents, does grant, ba~9ain, sell, remise, -e'eaae, convey and confirm unto the MORTGAGEE, its wccestors and ~tsigns, stl Ihat certain lo?, picce w parcel of land, situate, lying, snd beinp in the Ceunty of SL . 1.UC 1@ S~~t~ of fbrida, desvibed as follows: S L~ts 24 and 21 of Slock 4; SI~NRIS~ ESTA?E~ SUBpIVISION, a~ per plat thereof on file in Plat Book 8, page 75, Public Recorcfs of ; St. Lucie County, Florida,.~' i ~ ~ ~ E f i } STATE ~F FLORfUq R F ~ j Z ~~CUMEN7Ap~ STAh1P TAx IN PA1fMEM OF TItXEg DUE CN CLASS 'C Ih:~~~~rBCE :~F"scrlA[ pZppf~, J 0 _ MOrls''11 ' 1~ = PURSUANT TO CFiAP; 4~r7^ ~ ACfs Of 13d1. N v ~?r.a~ ~cr~~[ ? 4 2 0 Q~ ROG~R PoIiRAS. C;e:ic Cir;~~t Court Pg.HO~~t ^ = ~ I~ttlt bt Cr~!:i~l fi. M~N~WIES, 1R St lucie Cou t/ 13z Co';cct~r ~ , ; ~ < : ~ _ ~EP~11Y CtERK , E ` •oqether wirh ai! and ~;npular the 1:rwnKntf, haed~amenfs ~r~ appurt~ncct therwnto b~lon~w+y or in an~nviae appert~ininp tFwrNO. ~nd all r~ntf, iaaws. c~oceedf ~nd prof~h xvuirp ~nd to accrw from aaid pr~mises, •11 of which Ke included in th~ ~bov~ and fw~yoinp deacription ~nd habendum, TO HAVE AND TO HOID th~ abow desu~b~d and 9~antcd prem~sea unto the ~aid MORTGAGEE, ~H ~uccesson ~rxf ~ssi9rn iaevK. Md tM s~Id MORTGAGpR for t~1z h~in, •xecutws, adminiarrs~orf ~~d •ufgni, F~ercby covensnh w~tfi the said MORTGAGEE, ih ~ucceuai and as~ipro, +nat -Y---- the at@ _ ~awfvfly ~e;z~d o/ rh~ sa~d pr~.nis~s in fee simptr, fh~~ tlw ~srn~ ar~ frN, ckar and d~xhsrqed iran •11 IiRns ~nd ~xwn. brdnCH in law w in ~quity. and tMt they w~N a~d thQlr Aein shal{ w~rram~and d~fand tht title tp tM sam~ to ~M said N~ORTGAGEE, iq ~~,ccc~son and au~qra, fortve~ aga~nst the Iawful cl~~ms and dem~rxls of •I! persons; PROVIDE~, AIWAYS that if th~ MORTGAGOR aF~~ll p~y unto tht MORTGAGEE tht promiuory rqt~ her~inbefw~ deuribsd ~nd thall truly, promptly snd f~lly pKform, d~KM~~. •tKUtf, compl~te. comply wnh •nd ~b~de by each aod ~re~y tM ~tipufir~ons. ~Qiermenq, cond;rw?» •nd cwen~n» of ud ~ prom~ssay not~ and of tAis MortQ~. then rA~s Mor~yaQe ~r~d th~ Eaqts he~tby cr~ated sMll cess~ ~nd b~ oull and vo~d. li IS UNOERSTOOp tfiat the wpd "Mwtppp" wherher in the ~~nyular w plwal ~nywh~r~ in tfi~s MwtQp~, ih~q b~ sinqul~r if on~ only ~nd ' ~h~ll b~ plur~l 'pintly and MvHdly if mpt than on~, and that tM wpd "th~ir" ~s ~~ed ~nywhe.e in M~s Mortyayf sh~il be Nken to mean "Ai~,•• •.?et~s.•. w"its," whe~w~r t!» cont~xt w implie~ q~dmrts. Alsp, that wlKrevK there 1f •~tfNlM~ in tM covenann ~nd preements here~n contained to ~ny of ~h~ pa.ri~f hN~to. th~ fwne ihall b~ construed to mean as wetl a tM Mi+s. Ipal rpres~ni~riret, succsssor• ~nd ~ss~qns (~ithe~ volunury by ~ct of tAe pa.r~ w invo~unt~ryr br oPer~r~«? of t!N lawf of the ~~rn~ and that the covenanri h~r~in tonta~ned sMll b`nd ~nd iM bsn~fih ~nd ~Qvantpp i~?un ~o tM r~sp~ctiv~ he~rs. tpd rp~esent~rir~s, wcceuo.f a~d au yra of t1+~ psrtin her~to. And ~aid 1Nptypq~~, for tMms~lv~s a~d tl+eir Min, Ipsl r~pres~nf~riv~s. succes~w~ and •ss~gn~. h~reby ;oin~ly y~v~r~lly coven~nt and pr~e ~o ~r~d w~th th~ sa~d NlpRiGAGEE, ih ~uccessa~ arwi su~yns: 1. To pay aii and un~ul~r th~ pr~odp~l and i~eere~t and th~ var.ous ~nd wndry ?ums oi mw»Y Pay~bl~ by virtuQ of u~d prom~aory not~, ~nd thn : Twtflye, e~ch +nd evNy, p~omptlY on tF» days rqpKliwty tl+e s~r~ sev~r~lly becwn~ dw. 2. ~a pay ~fl ~nd sinpvla tM uxt~. ~~~smenb. Iwih, liabilities, oW~atioeq and ~ncumb~nces of every nawr• ~nd k~nd now on a~;d d~sciib~d c~ope+ty, w that here~ft~? m~Y b~ ;mpo~d. wf(t?~d. ptK~d. tw:ed, o~ Nsessad rherwn, d tAat I+ea~elfer may b~ ?~v~} a ~sses~ed upon this AAwt¢ +g~, o? tM ind~b~edn~u ucv~eA Mr~bv. e+ch n+d erery. wMn dw ~nd payable. ~cco~d:rq w iav. befae they becoR,t d~l~nquent, u+d b~fw~ ~ny int~rNt a!~aches or •ny pen.tty .s ,nc~rred; AND tNSpfAR AS ANV iNEREdf IS Of RKORD TME SAME SHAtI eE PQOMPiIY S/ITISf1E0 AND O~SCNARGfO Oi K~.'ORp AND 1HE ORIG1?UAl OFFICIAL DOCUMENT ISUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR TMf SAiI$FACi1CN DAPER OfFIC1AtLY ENpORSEp ::R CERi1FtE01 SMAII 6E PIACE~ IN THE HANDS Of SA~D MORTGAGEE WI~NIN TEN DAYS NEXi AFTER PAVMENi; ~nd ~n the tv~nt that any tMr~of is no~ : e,d sar s~,ed ~r,d dnc~arqed s~ d MORi('sAGEE m~~ ~r •ny t~me pay the ~~me a•ny pan rF,~.eol w~thour wa~r,~,g ar affect,.p ~ny opr~on. lien, pu~tY or •.~h~ unde~ or by v~n~ of thit monq~ye ~nd ~he f~~i amount o} each a~d eYer~ fxh paymem ~h~U b~ immedi~tely d~e •r+d pay~bk and sMII p~~? ~~t~rts~ ••o•., the d~te thereof unri~ p~~d ~ate of n.ne per cenr~m p~r •nnvm and toye~~e~ ti~th skhR{ny +~ry~ 11 be ~ew.~~!th~ i~en ot rhs mOr9tW~ 80)r 1~ 1 Ya~f ~vv _ ; ~