HomeMy WebLinkAbout0548 21892~. r
THIS INOENTURE. Mads the ~ 2th day of ~~~~~r A.D. 19_ZL, kxtween
Loyal D. Thomsts and Ph9> > is Th ~*a , hi a~-~ fe
of St.. 1+11C~9 County fbrida, hereinafter desi9nated as the "A10RTGAGOR." and FIRSi FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • co~paatron w9~nized end exiitin9 under the laws of the U~~ted Sta~~s of America rnd h~ving in principal piace of
busmess in tM City of Fort Pi~rc~, St. luci~ Covnry, Flaida, hereinafter de~i9na?ed ss th~ "MORTGAGEE:'
WHERE/15 tM MORTGAGOR is jvsi~y indabted ro the MOATGAGEE in the sum ot S- 26a...~~~~ good and lawful mo~ey of the Un:ted
S•area advanced by the MORTGAGEE unto the MpRTGAGOR, as svidenced by a certam prom~sswy no~e of even dare hrrew~th, of wh~ch tAe following in
.,ords and figures is a trve copy, fo-wif:
s 26,500.00 3-t ?,633~
fat Pierce, F~a.~a., Nove~ber 12 19_~
Fw value ?e~eivcd, 1, we w either of us, p~omLise to pay, withoul defaltatio~, to ~he order of FIRST iEDERAL SAV~It~~GS A~JO LOAN 1S50CIATtON Of
~:RT PIERCE at Fwf Pierce, Flo+ida, the sum of S 2v~~~`~ with interest from date at the ~ate of !~4„ per annum, in monthly install-
"rnrs as foi!ows: s?~ 8•~ on the day of Jsnuarv ~q`_~ and a I~ke sum on the correapond;ng dsy of eacfi month the~e-
i'rer until the whote be fuliy paid.
Each instaltment first shall be appiied in payment of the interesi and f!~en on tFu unpa~d balance of the prin~ pal sum. If d ault is made i~ the ~
; a;ment of any installment when due, and such default continues 30 days, the~ at the option of the hoider, and witho~t any other nof~ce, ali the rcmaining
~nrallments shall be due and payable at once. Privilege is 9iven to prepay th~s note in whoie or in part at any t~me w~rhout penal~y. Ne;ther faebca~sncs,
- or acceptancs by the ho~der thereof aiter any defauit in eny payments hereo~, shail be deemed eYtenson. A late payment tharge of O~, shall be
:,ijed lo each i~statlment remaininp unpaid 7 day~ aiter in due da?e, and a I~ke sum shali be addad to each wch ~nstallment romaining unpaid 7 days after
each succeeding payment date.
Each maket, surety and endo~ur hereof, jointty and severally, ws~ves demand, presentmenr protesr and not~ce of prote~t for nonpayment, snd funhei
s~rees to any extension of t~me o1 pay:ner.l, either before or a(ter maturrty, withou~ not;ce to an~~ o( us; and to pay ali costs of co(lectian, inctud.n9 •
~•=sonable attwney's fee in the eveM of ~ny defauh hereunder, and hereby severaliy wa~ves alt benefit of homestead and eir.nption under tt+e constitution
. d taws of each State oF the Urtited Stetes, as aga+nst this obhgafion or any e~tension w rcnewal hereof,
Witrusa rhe hand and ieal of s~ch party.
~ . Sl ~A~~. D. ~lOID~3 (SEAI)
; ~c~,~
s R~r1lis Thoaas
_ $39 • ~7 1 $taM Revenva ~A~
' amp~ ~tw,c.lbi ~.giM4 wN~
NO'vV, THEREFORE, ths MORTGAGOR for th~ r ZG SOO OO
pu pose of securirg p~yment of ~~fd sum o/ S ~ • ~ and the performance of tM
co~enants and sgreements herei~aFter exp~es~~d, and fw d~vers flood and wtwbte cons~den~~ons, by thess p~esems, does grant, baryam, setl, rem~te,
re,ease, convey and conf~rm unto the MORTGAGEE, its tucceuors ~nd ass~gns, •U that certa~n {ot, picce or parcet of I~nd, situate, lying, and being in Ihe
County of St. ~.l~C~e ~nd $qte of ~brid~, dew~bed ~s follows:
E
f
! y
; t
f
; The i~Test 236 feeL of the North 101 .3 feet of the SouLh
s
4
~ t~01 .3 feet of the NF}; of the NF3~ of the Sf~ of Section ~
t ~
~ ~
} 20, Toxnship 35 South, Range !~0 &ast
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i t
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. r~ tU A REC~v .r- =3 ~ . ~
; ~ ~ ~F ~ ~Q t"~ .~AX ~ ' ' - IN PAYMlEMT OF TAXlS
TA pv ~'j 11~?~_~~'~ Cl1lSS 'C' tNTANG18lE VEPSCMAt P2;}PEl~IY.
` y~ OCUM~~yTAt y„~ PURSWNT TO CFUPT;R ZOl?:. RC~S Of 13:1.
ROGER P017PJ4S, Clerk Grcu~t Ccurt
- y~~ ~n~ ;-~39~5=
~ ' r~ ~ - = as ~~;c ro~ oariiF~ r~. ~NOw~s,1R
~ c°~ u4~~
~o„~:~-~ St Lucie Counry Tu Celkda
P
4 ~ ~l~' ~~L • /
F DEPUIY CLERK ~
~ ~
a
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togetMe~ w~th aC~ i:.-yular the tenements, h~redrtamenrs and ~ppvrt~nces rhereunto belon~irg or in anywise appei~aining thereto, u?d •II renn, issws, ~
~ c~oceeds and profrts accruirg and ~o sccrue ~rom s~id pr~mises. •II of which ire included in tha ~bove ~rd fae9oin~ d~xnption and F»bendum.
i
TO MAVE AND 10. NOlq ths sbovt deuribed •nd yranted prem~ses uma the sa~d MORTGAGEE, ~ts successors +nd assiyns for~v~r. And th~ taid
'~tORiGAGOR fw ---t'h@1r--- h~;rs, •xecutws, adm~~isti+tw• and ass~gna, her~by covsnants w~rh the s~id NIORTGAGEE, it~ sutcesson ~nd astiprr,
+har 8T@ _ Iswfutly ~s~:cd of tFr iaid p~tm;HS in f~e s~mplr, tMt th~ samt u~ free. clear and d;sch~ryed from ~11 liem and ~ncum~
b~snces in law a in equity, ~nd that tt1g9 M,~p t~l@~' heirs ahall warrant snd defend ~ha t~tie to tis~ sams ro rM s.~d
1RORiGAGfE, ir~ ~uccessas and auiQns, for~ver pairut rhe I~wful claims ~nd demands of all per~ni;
PROYIDED, AlWAYS ~hat if ths MORTGAGOR shall p~y unto Ihe MORTGAGEE the promissory twte her~inbefwe described ~nd aha11 fruly, promptly
end full~ perform, d~icM.~e, ~:ecure, complete, comply wi~h and ab~de by esch ~nd evcry the ~~ip~lations, agrlemen~s, cond~fiom •nd cownartn ot s~~d
prom~swry rare u+d of this Mortyay~, rhen thii Mwtyaqe and fi+~ Esta?e hereby vs~tedi sMll uas~ and be ~ull and vo~d_ ?
' IT IS UNDERSTOpD tM? th~ word "1Mort~~por° wh~tlur in tFw ~;~ular o~ plural anywh~re in th+s Maty~t, ih~ll b~ sinyular i~ on~ only ~ad :
•h~ll be plural jointly snd ~evsrally if mott tMn wy, ud that tM wpd "their" as used ~nywhen in th~s Morrqa~e sMll be taken to mesn "his... ..hen.'.
or "in.' whererer tl» context to imptiq or ~dmits. Also, that wherevet the~s is a reference in the torer+ants ~nd ~~eements herein contained to any of
rhe parties herNo, the same sMll be construed ro mean af weEl as rhe heirs, kqal rtprese~tativcs, successaa and as~gns (eiti~ea vo~untary by ~ct of tM
paniy w involu~tuy by oper~tion of the lawl of the sam~ ~.K! ~M~ the covena~ts herein contained shail bind ~nd the benei~h ~nd ~dvsntpr~ inur~
+o ~he reapectivs hein, leqal representiHvn, svccesson rnd ass~yns oF ~ht paniy hereto.
And ~~id Matp~yon, fo. themsetv~s snd their h~in, le9al represenrativq, successors ~nd aisigna, hereby jointly and severslly covenant and pree
ro~nd with the faid MORTGAGEE, its successw~ a~d assi9ns:
1. To pay all u+d sin~ular tM princip~l ~nd i~terest and ths v~rious ~nd wndry sums of mw~ey payab!e by virfue of s~~d prom~ssory note, arrd this ~
mwt9age, each and every. promPrlY on rM diyi respectrvely the a~me ~ev~r~lly become due.
2. To pay ~II and ~~rgviar rhe faxes, ~?stssm~nt~, levies, liabiliries, oblig~tions and encumbranccs of every narure and kind npw pn sa;d dtwibed ~
P~ope?h~, a that hasaft~r msy be imposed. wHN~d, pl~ced, kvied, o~ ~uessed thereo~, a/Mt hereafr~r may be levied a asstssed upon this Mat9-
+ye, w tM ind~bradr+eu secured hereby, exh and ev~ry, wMn due ~nd p~y~bl~, xcadir~q to I~w, befere they become delinQuent, and befon ~ny int~est
attaches or a~y penalty is inturred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAtI 6E PROMPTIY SATISf1Ep A~fD DISCMARGED OF
RECORp AND TME ORIGINAL OFft~lAl DOCUMENi (SUCH AS, fOR INSiAfYCE. ~HE TAX RfCEfPi OR THE SATISFAfTION PAPER OFFICIAItY EIJDORSED
OR CERTIFIEO) SHAtI 6E ptACED IN THE N/INOS OF SAID MORTGAGEE WIiHIN TEN DAYS NFXT AfTER PAYMENi; ~nd in the event ehat ~ny thereof is nw
pa~d, tat tfied and d~xharged sa:d MORTGAGEE m~y at •ny t~me pay the same or any part thercof withou~ wsi~ing or affectinq an~r pption, Gen, equity or
•~ahf ur+der or by v;rtvs of rhis morrgage and ihe tu~! amo„nt of each ind every such payment shali be immediately d~e a~,d payable •nd shall bear interes~
'•om the d~re rherwf until p~]d at rare of n~ne per ccneum per annum an¢ t~per t~ such inte~r,l~ll be secured by the lien of th:t mw9t~~e.
Br~;~ 1 iar,~ ~O