HomeMy WebLinkAbout0473 218890
THlS INDENTURE, lNada the 1st day of November` A.O. 19~~ betwcen
_ Wood, Bea~d and Associ~tesl Inc., A Floridt? Cor~oration
of St. T.~1C~E~ ~~py~ty ftwida, Mieinaft~r desgnatrd as the "A10RTGAGOR," and FIRST fEDERAI SAVttiCiS AND IOAN
ASSOCIATION Of FOR~ PtERCE, a mrpwat~on orflanized a+d ex~stinq under ths laws of 1he Un~+ed Su~os of Americ• and having its pi~nc~pal placa of ~
busuwss i~ tM Ciry of Fwt Piac~, 51. luti~ County, Flaida, he~~inairer des~ynated s~ the "MORIGAGEf." ~
WNEREAS tM MORTGAGOR is jwNy indtbt~d ro ~he MORTGAGEE i~ the wm of S~13~ 8O0.s~ good and lawfui money of the U~.ted
Sra?e~ advanccd by the MORTGAGEE unro the MQR~GAGOR, as eviden~ed by a certa~n prom~sso+y no!e of e~en date huew~rb, ot vnc~h ~he foilow~n9 in
~ords ~nd figures is a trw copy, ro-wil;
s 13~800~~0 Np_ 3-~,~~ 5~Q
Fort P~eres, Flaida, NOVQID~t 1s ~q 7~
Fw value rKeived, 1, we w eithe~ of us, prom~se to pay, without defaication, to the order of FtRST FEDERA~ SAVING$ AND LOtiN ASSOCIATIQN OF
FORi PIERCE at fat Pierce, Fbrid~, 1he sum of s 13~S~•Q0 w~rh interese from date at the rate of8!~__ n per ar.~um, in morvhly instal!- !
~
•~e~,rs as foc!ows: S~a4•~ on the lat day af Januazy ~9__7z and a Gka svm on fhe ca~cspond~ng day of exh month therr ~
~ atrrr until ~he whole be fully paid.
` EacA i~stallment fint shall be app6ed in paymenl of the interest and then on the unpaid balance of the p~~n~ pal sum. If d autt ia made in the
. ; e,ment of •ny insts~lment when due, and such deFault cont~nues 30 days, then at tFe oph~n ol the hoidrr, and wirhou~ any other not~ce, all the remain~ng ~
, ~~sraliments shaU be due and payabl~ at once. Privil~ge is g~ven to p~epay this note in whole w in part a1 any t~me wirhout penairy. Ne~ther forebear~nce,
; rer acctptance by tl~e holdtr thereof afier any default in any paymcnts hereon, shall be deemed eatens~on. A lare paymen* tharge of ;6 ~2O shall be :
added to each itiytlmenl remaininp vnpa~d 7 days after its due date, and a I~ie sum shall be added to each such instai~ment remain~~g unpaid 7 days after +
rath suCCa~edllip.p~n0~/et ~at~.
Ealr:lMltM~ srrwJy Md endoner hereof, jo~~tly and uverally, waives demsnd, p~eseroment p~otest and notice of Frotest for npnpaymeM !nd funher
d3~eea 1~ Nt~~efi(~~op'p~ tiwK of paymeM, e~ther beforc or afte~ m~writy, without nof~ce to any of us; a to p all c~sts of coftacti , indud~ng a
redsa?~ sfFo?ne~r'fYea i9 tF~ tvent of any defa~lt hereurtder, and hereby severally warves a~~ benefit of and e ptio~ uqoe 1he stitution
" .nd t~lws-~iaacfil~rah~of t~ United Sia~es, as 3~3:•^.u ehis obl~gation w•ny ~ex~enswn or renewat i,ereof, (~,U~ '
. :!r;'~ x+~~~+o~?'ss±~ .of ..ch P~?t~. M100D, B RD AND A~OC IATE , I NC. ~
_ Bys s/Arthu R. Wood Pzesident
~ Co~yq ~3't~""$~a~'`~'ff ixed . ' ~ (SEAL)
~ ' Attest: s evrar M. ? gn ian, Secreta~U
~
~ ~ ~ -~1'•_`~~~ ~ ' Treasurer
~ S'~0.7Q ~ . ~ stst• aertnw iSEAU
~
I
~ NOW, THEREfORE, ihe MORTGAGOR for the purpos~ o( securiny payment of said sum of j 13 ~ a~ snd the perfwmancs of th~
_ covena~fs ~nd apr~ements here~nafter expresscd, and fw d+ve.s pood and valu~bl~ cons~derat~ons, by the+e prese~ta, doea gr~m, barya;n, sell, rem~sl,
'Z~PASQ~ convey and confirm unto the MORTGAGEE, iri iuccessors and aui9ns, sll that certain lot, picce pr puce! of tand, •ituate, lyiny, ~nd bein~ in ths
Covnry of $t •~.i2C ie ar+d Stste of Florida, described ioilows:
The West 1/2 of Lot 18~ all of Lot 20, and Lot 22 leas the West 30 feeL thereof,
of Block 17(L), Assessor~s Map of the North Part of Fort Pierce as recorded in
?lat Book 1, page ~6d of the Public Records of St. Lucie County, Florida;~
. ' ~
REt,yyEp s__~~! 1^_ IN P~tYMfiMT Of 1J1XfS
DtlE ON CU1SS 'f:' INIANGIBIE PERSC'PUL P•tOPERn.
PURSUANT TO CFiAFTER 20724, ACiS OF 1941. =
S.tAT E~F `F L O R 1 U A (~ER POlTRAS, c~e~t c~~w~t coUrt `
w Ei11TAo STAMP TQ ~
O~UM t..~..,Q---'--'-= as A=ent br DANIEI II. KNOiMIES. 1t~.
~ p~2s't~ ` Z O? O; St ~
ry~a: Celtedat i
~ '
ca s = . ~
~ ~ att~K ' " • d Br ;
~I~o~tt ~ (y pEpU11f CLERK ~
f
. j
i
~
~
3
~
~ogetMr witA •II and singul~r th~ t~tem~ny. 1?er~il~menls •nA appurNnces tl+~?evMO 6elorqiny ot in ~nywise ~ppert~:ninq ther~ro, and ~II rMts, issuM.
~•oceeds ~nd prof~n ~ccru~nq and to scerve from s~id prsm~~es, all of whi~, ~re ~ncluded i~ the abow •~d forepoiny de~cription ~nd hsb~ndum.
TO HAVE AND TO MOlO th~ abov~ d~scr;bed and yr~ntcd prem~ses urto rM s~id MORTGAGEE, it~ successon ar+d usyns fo~ers+. A++d !M s~id
"/ARTGAGOR iw -----~z---- he;rs, execwws, ~dmi~~srnrors ~nd asi~gns, h~reby cov~nants wirh the saed 1KORTGAGfE, in t~rccessors ~~+d ~s~gns,
~hat bwf~lly ~r~zed of rh~ said prem,sti in fee s:mple: tha? tM sarrM ue frw, dear •nd diuharyed Irom •11 tieru ~nd enc~rtr
c.sncq in !aw or in equity, and that lt wilt and 1tS heirs sh~ll warr~nt and dtfend tM ~it~t to tM ume to IM faid
MORiGAGEE, its ~uccessws •nd •ssyns, («ever a~aini~ tF~ lawful claima •nd d~mands o( eIl perapn;
PROVI~ED, AlWAYS that if tFk MORTGAGOR slull pay unto the MpRTGAGEE tM prom+ssotr not~ hersinbelpr~ deurib~d ~nd ~ha11 truty, prompHy
end fuiiy periwm, d~uAar~, execute, compl~te, comply w~rh and ab.de by exh and every ?M ~tipulsno.,s, ~yr~em~nU, cond,tions and covsn~nn oi N~d
o~om~sso.y not~ ~nd oi tha Mo+rype, then this Nbrt9a9e and the Euate hN~by u~~ted shall c~~s~ ~~d be ~ull and wid.
iT IS UNDERSTOpp that the wwd "Ma~ppp" wFKtlur in ~he s~~+yular o? plwal anywh~re in this Mwtyaye, ilull b~ ~in~ular if pry pnly snd
sh~ll b~ plural pintly ~nd wv~r~liy if mor~ tMo one. ~nd tMr the word '"iheir" as u~td a+~yrri?er~ i~ MFS Mortp~ sMll b~ Nksn Io mean "his,•• •,htrs•.
o~ , ir~." whe«ver tF~e contsal ~o implief w adm~». Alw. that wherever there i7 • tfFfflM! in ~he covarunts ~~lA ~fltTM~t Mfl~A COi1~~1~5ld 10 MY oi
}ne pa.Ues hsnto, tM a~me sMll b~ constrwd to mean as well ~i the h~~rs, tpal ny~csenut~ves, succesaas and +ss~pn~ (e~ther vot~,nt~ry by ~ct~of the
a+rt~es or invo7un+uY try op~r~tion o! th~ law) o~ fAe s~me ~nd ~tut ~he covenants herein comaincd sMt! b~nd ~nd tM benef~ts and ~dvant~ inw~
ro tne r*sp~ctiv~ heNt, kyal npres~.~qnvn, succesaon ~nd au•yns of th~ part~es h~rato.
And s~id Mortqporf, fo~ themselws and th~ir h~irs. I~yal rspreieM~tive~, successpf ~~d assiyns, hereby ~ointly •nd s~vHalfy cov~n~nt and ~yr«
ro •r+d with tM uid MORIGAGEE. ~rs sucussors ~nd aa~~yr~s:
1. To pay ~1! ~nd iinpular t?» piint;pa! ~nd inter~st ~nd rhe wnovs and sundry wmi o( moneY P~'vabie by v~rtw of sa~d prom~~tory not~. and rhis ~
'^or~q+~. ~ach ~nd ~wry. prompNy on tM days r~tpet~~v~ly the ?ame sever~l{y becort+e dw.
i
To p~y •II and s~nputM tM t~~~s. asies~menri. {~viet. lub~l~~~es. obl~g~tions and e~+cumtx~ncq uf every narure ~nd k~nd now on uid desnib~d
v.ope.ty, o. rhat here~fr~? ns~y b~ ~n,poad. suffe~ed, plKed, levi~d, a~sa~ss~d ~hereon. a ~h~~ bereaher may b~ lev~ed w uiess~d ~pon thi~ Mw/Q~ :
a9~, or ~M indebt~dness secur~d hereby. ~xh and ~ve~Y. whrn dus ~nd P+Yabl~, accad~nq to iaw. Eelwe ~he~ becorn~ d~f~nguent, and b~fa~ ~ny intM~s~ ~
.•~eche~ or •ny pena~ty is intwr~d; AND INSOfAR AS ANY THEREOF IS Of RKORO THf S/iMf SMI.tI 8E PRO•1Ri1lY Sltil$FlED AND D15CMARGED OF '
.'EtORD ANp THE ORIGI~:AI OffIC1Al DOCUMENT ISUCM AS, FOR INSTAPJCf, TME TAl( RECEIPT OR TNE SATI$FA~TION PAPER OffIC1AtLY ENDOR$ED
GQ CEQTIfIEO) SMAIt SE VlACEO IN (HE MANOS O~ SA10 MORTGAGEE WITNIN TEN DA~S NEXT AfTER PAVMENT; ar+d in ehe event tMt any tMr~of n ~W
~ a d. s~~ sf,ed and d~sch~~ped d ARpRTGAGEE m~y •r arty r,me p~y the ~ame or •ny p~rt ~h~reof w~ti,ovt wa~v~~.y w affecn~y sny opt~un. lie~. eq~~ty o~ 3
•~~hr u~+der w br v~nw o~ th~s mo~~qage and the fv11 •movnt of each and eva~ svch paymen? shall b~ ~mmed~uetY due •nd pay~bte ar+d shatl bear interesr
'~o~.~ ~he d~+e therp} um~i pa•d ar r~re oi n.ne per ccnrum p~r annvm •~+d roqe+hcr ,..rh wch ~~s +yji„pp secu.ed b rne :Kn of rh ~ morytpt.
1 ~ % f~~cE ~ ~
~ - - _ -
- _ _