HomeMy WebLinkAbout0641 ~18s~s 4~ ,
THIS INDENTURE, Mad~ , 11 th d~,c oF Novembe r A.O. 19 ~ 1 b.rW.e~
aro d V. ~,tes and da I. Gates~ s w fe
of St . 1-ucie County Flwida, hNtinaftN deign+~~d ~t ~he "MORTGRGOR." and FIRST FEOERAI SAVtNGS AND IOAN
ASSOtiATION Of FORT PIERCE. • corpor~tion orpsnis~d ~nd ~x~~iinp undw ~M I~ws ol IM Uoit~ Su~a o~ (?me~ic+ end havinp in principal pl+c~ of
bu~~n~ss tn tl» City of Fort Pi~rc~, St. luci~ County. Flaid~, l+~r~in~her dt~iqnahd a~ th~•' G E'~
VYHEREAS tM MORTGAGOR i~ jwtly ind~bt~d /o tFw MORTGAGEE in 1M wm oi good and lawful m«»y of ~he Un~~ed
Statei advanc~d by 11~e MORTGAGEE unto th~ MORTGAGOR. ~s evidencsd by • ce~uin promiuay not~ ot lvs~ da~e herew~th, of which tM foliowinp in
ior~_~r~ fiQur~ jt a trw copy. lo-wit: '
7~ppp•pp ~ 3-1~,619
Fo?t Pieru, Fio.id+, Novembe r 11 i9Z1.._
Fw valw received, I, we w ei~her of us, prom without defalcat~on, to the wder of F1RST FEDERAI SAVIN(G~S AND IGAN ASSOCIATION OF
FORT PIERCE at Fo~t Pi~rc~, F{orida, the sum of i w~th interost from date at the rate of _ 8~ per a~num, in monthly ins~all.
~=~ems u follows: i 1~•~ on the 1~ t day of Ja nua r y___. 19 72 and • lik~ sum on ~he cwrospa~d~r?p day of each month ther~-
a!ter ~ntil the whol~ b~ fully p~id.
Esth inst~llment firit ~hall b~ ~pptied in payme~t of tl+~-int~rest ~nd then on tM unpaid balanr.e of the print~pal sum. If d ault is mad~ in 1M
~ rer~*+em of a~y instattmaat wMn dw, and wcb defautt cont~~w~s 30 days, 1h~n at the opt~n of the hoider. and wi~houl any other ratice. all tF+~ r~m~ininq
~ ,~sraftm~nn ~Mtl be du. and pay~bl~ ar onc~. Priviley~ is yiven ro prep~Y ~his not~ in whol~ o~ i~ p+rt at sny t~me without penalty. Neither fwebearance.
nor accept~nc~ by the hold~r ther~o( •fts~ a~y default in •ny p~ymenh hereon, shall be deemed exfcniion. A late payment chargs of = 7• 1'S sh~l) be
v eddcd to ~ach inst+llment remaininp unpa~d 7 days aft~r iti dw date, ~nd • like sum shall be addrd Io each such imtallmtnt remeininQ ~~npa9d 7 days after
t eech succeedinq payme++t daie.
\ Each maker, surety +nd endorser hertof, joinNy ~nd sever~lly, waives demand, presentment protest and notice of protest fa nonpayment, ~nd further
' agreet to any exte~san of nme of paymsnt, either beior~ a after maturity, without nonce to any oI us; and to pay all costs of collection, includ~ng •
, r~esonab~e attaney's fee in the ~vtnt of any defautt hereur~r, and hereby severally waivet all bertef~t of homestead and eaemption under th~ con~ritutan
: ~~.d laws of e+ch State of ~M Uoihd S~ates, as apainsf this obliqation w any extero~o~ o~ renew+l hereof.
Witness tFr Frnd and ~tal of eath pa?ty.
, s/ Harold V . Gates ~~u
ts~?U
s/ Hilda I. Gates ~~U
~ cs~?u
25. 50 ~ ~.r. a.wew
~ t.
~ ~b~..wp. e.we.il~ a. «:Qir»I-no..) 17 000 . 00
~ NOW, THERfFORE, tM MORTGAGOR fw the p~rpos~ of securinp paym~nt of sacd aum ot t ~ and tM performancs oi th~
coYenanb ~nd pre~m~nt~ ANMM~fH ~xp~etsed, and /o~ div~rt Qood and v~luabl~ consideratrons, by thes~ prese~ts, doss yrant, baryain, ull, r~m~se, _
•e cas~. convey ~nd conf~rm ynlo tM MORTGAGEE. iri wcceuon and •uwns, •u tMt c~uin b~, p~ece w parcel of I~r+d, aituat~. IYiny. and beinp in tM i
Ca,nty of St. L'LIC le and State of Flwida. d~ac+ibed (oilowte ~
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Lots 12 and 12, Block 3, OCEAN VfBw SUBDIVISION~ as per plat thereof on ~
file in Plat Baok 6, page 62, Public Records of~St. Lucie County, Florida, ~
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s ~~~p ~.-.~~'S t!1 PAYMfl1T OF TAXES
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X P~RS11AP1T i0 CFIAPT R 2012~ ACi_CCOf 19t1 PERiY.
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. u~ } OpCUM~ A° 1" = FOG"R POITRAS. Cierk Grcuit CauA
~ i~ t- =~,~,11 5 O_ as ll~~nt fot DANtEI N. KNOWtES, 1
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tu9Nh~? witA ~11 a+d sinqula~ tM t~enH, h~r~d'ium~e?n ~nd •ppu~tance~ thNwnto bdagk+p w in ~nywis~ ~pptrtaini.p tF~ea. ~nd all ran», iuws, !
~ woc~ ~nd prof~n ~cvvinq u+d to xuw fran f~id pr~mise~. atl of which a~t incluci~d in the ~bow u~d (apoinp d~wiption snd h~b~ndurr?.
¢ TO HAVE AND TO~ tM abow d~scr~Md u~d 9r+nt~d prem~ws unto tM s~id MORTGAGEE, i+~ succeswn and assiy~u fo~~wr. Md tM s~ld
MORTGAGOR fw t
he M~n. •,eecutas. ~dm~nn~r~ron u~d .s~gns, hereby cov~n+nn wirh tM ~aid FAORTGAGEE, it~ wccesson a+d ~uqrr.
~ t~e a re
x: ~?,ar ~ lawtully k~:~d of ~M s+id p~~sK in (N umplr, that tM s~me ~n frN, cbar ~nd d'acAup~d irwn dl Ibry and ~ncun?
s
~ ErancN in bw o~ in puity, and tAat t h4' Y will u+d t he i r htin ~MII waraM and d~hnd tht fiti~ w tM s+mt w th~ wid
~ MORTGAGEE, in wccssson ~nd auqna. fw~vN patrot tFw lawful d+im~ ~~d dema~ds of ~II pasora:
- YROVIDED, AIWAYS that H fh~ MORTGACsOR ~haH p~y unto tlw MORTGAGfE th~ prdni~w/y nWS Mt~inbefw~ dtiaib~d ~nd slNII Nuly. p?ompth ~
= u+d fuUy pNiam, d~Mr~. ~:~cvt~. eoenpl~b. eomplY wirh a+d ab~de by ~ach u~d ~whr fM a~ipula~aro, prKments. condi~ia» N+d cov~nants o( s~d
~r++~awry ~ore N?d of thi~ Mrrtppa, tlxz this Mortyp~ ~nd the Euat~ hneby vN~~d ~haH u~s~ and be r+ull ~~d wid.
= IT IS UPWERSTOOp th~t eh~ word "Mortypw° whetM? ii+ the s~npvla? w plw~{ a~ywhere in thh Matppe. ~hall b~ ~inqulw ii a+~ onfy ~nd
sFull b~ plwal pinNy and wvsr~lly if mw~ tMn on~. ~nd th~t tM word "~hea" as wed ~nywlw~ in Ih~ Mortyaye th+ll b~ ~~k~n to rMan .•hia,.• "l+~n,••
w"its," whKwa ~M co~~a~ w implits w admi». Alq, ti+at whe~ew~ ffi~re a• ref~renc~ in tM covenann and ~yrNreK~~s hsr~i~ contaen~d ro~ny of
_ p~.ti~s M+eto. tM shall b~ corat.wd w m~an n w~ll as tM lu~r~. Ipd ~spes~nr~tiv~s, succ~saas a~d ~~si9n~ (~ithK wtun~~ry by ~ct oi tM
pa.~i~s or invdun~ay ptr opa~tion o( tM law) of tM sam~ ~nd tMt~ th~ cov~nanb ha~in coMained shaN bind ud tM b~Mfin and dvae~tpp Mw~
ro tM r~sp~ctiw M+n, Ip~l ~ep.~wntarives, wcc~uws ~nd ~u'yns o~ th~ p~n;~s MrNO.
And s~id Ma~y+~as, fw tMms~lv~s and thei~ Min, Ip~l r~es~m~tiv~s, succ~swn and ~upra. I+~rsby jantly ~nd wv~ratly coven~nt ~~+d pr~e
- eo ~nd with tM s~id IIIIORi6AGfE, in svu~sson ~nd ~uiqna:
" 1. To pay all wx! iinpub? t!r pr~ncipal and im~rest and tht wr~oua a~d wndry ~wrr of money pay~bl~ by virrw o} s~~d prom+~swy nwe. ~nd tl+a
n+any+p~, each ~rd tw~y. P~anPtly on tM day~ r~sp~ctivsly tM sarrr s~nr~lly b~com~ du~_
2. To p~y •tl and s~+pular tM u:N. ~swsfrnenn. Iwiea, Ii~biGri~s, oblpatiom ~rd Mcvmb~nc~s of ~very n~rw~ and kind now on s~id d~scrib~
- p.op.n~, o. rMt MrNfr~. msy b~ "wnpo~.d, wffe.~d. P~.c~d, kvwd, a~wswd ~h...on. a Nut M...ftN ~nay b. 1.v~.d or aw.s.d upo~ this Mato-
.y~. a rhe ind~br~w wcw~d M.~by. NcA +ed ~wry, when dw ~nd pa~~bl~. ~ccordirq to Is~r, bc~e+e sh~y beca++~ ddi~qwnt. ~nd b~iwt u~y ims~n~
- .rr~ches or any perwltp i~ incwred; ANO INSOfAR AS ANY ?MEREOF IS Of RfCORD TME SAMf SMAU 6E VROMDTIY SATISflEO AN~ OISCHARGED Of
RECORD AND THE ORIG~NAI OFFICIAL pOCUMENT ;S'
.:i !y, '~JR INSiANCE, THE TAX RKEtPT OR TME SATISFACTION pAPER OfFICIAIIY ENOORSEO
yk OR CfR11FlED) SMAII 6E PIACE~ IN THE NANOS OF SA~D MORTGAGEE W~iHIN TEN ~AYS NEXT AfiER VAYMENi; ~nd ~n tM ~veM ~FH/ MY /MtfO} It rWl
'~"s na~d, sat sfi~d ~nd d~xhup~d ~a:d MORTGAGEE may at sny t~rrse p~y the s:me o? ~n~ part ~he~eof wirhov~ w~~~~ng w affec~~nq any option. IiM, pu~ty a
•~an~ undv a br .irtw o1 th:s mo~rpay~ ~r~ tM 4ull amount of e~ch and wery tuch ~aymem shall be :•n~••ed•etely dve and pwib!e •nd shdl b~u int~r~st
- ~~om t!r d~N therwf unril p~id at r~ee of ~~ne pe~ cent~m per annum ~d^~o~i~ ~:h we6 .n , ~i be ucvred by rne i~en of m:• mwqt~-
_ i.3 rACE
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