HomeMy WebLinkAbout0873 - ~ 219119
THIS INDENTURE. Mad~ tl~e 8th day of NO{7~tIIb8! qp, lq 71 betwee~
C~iarles B Ellett and M~ldred L 611~t,~ his wife
of $t. ~.11Cie County Florid~, hsreinaftN designated ~s ~he "MORTGAGOR,'" and fIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIER~E, • mrporalion oryani:ed ~nd ex~stinp under the laws of rhs Unired S+aios of Ame+ica snd havin9 its principal place of
bus~nsu In th~ Ciry of Fort pi~rc~, St. lucie County, Florida, I+ereinafter d~siynat~d ss th~ "MORip/NGEE! ~
WHEREAS the MORTGAGOR is justly ind~bted to tM MORTGAGEE in the sum af S 11 s...2~•~ good and ~awful money ot the U~:~ed
State~ adwnced by the MORTGAGEE unto the MORTGAGOR, aa ev~denced by ~ tertam prom~sswy wa~ o~ •vrn date herew~~h, of wh:th the fo!lowin9 in i
~ord~ and fiqutes is a t~w topy, to-wit: ~
s_11;2_~SL..~ N, 3-1?,611
fwt PiKCS. Fbrida, jYOV@ID~Q! fi,t 19_~ ~
Fw value received, 1, we or either of us, prom~se to pay, without defalcation, to the o+der of F1RST FEDERAL SAVtNGS AND IOAN ASSOCIATION Of
FpRT PIERCE at Fort Pierce, Fbrida, the wm of s 11 ~Z(~. ~ w;th ~nteres~ from date at the rate of8~._°.o pe~ enrtum, in monthly inttal!- ~
~•~en~s as fo1!ows: = 94 on ~F,e ~t day of Jg~'1u8rjf Iq_ 7? ~nd a I~ke sum on the co.respond~rg day of eech month therr
~!rer untit the whole be fuliy paid. , -
Each ~nsrallment f~rat sh~ll 6e applied in payment of the interest and then on ~he unFa~d ba~ance of the prinrpal svm. If d aulf h msde i~ ths ~
F a.meM of any installment when dve, a~d such default cont~nues 30 days, then at tix option of the ho:der, and wi+hout eny other notice, al! the renw+n~~ j
nsralimenfs shall be dve and payable at once. Privilege is given to prepay this note in whole or i~ part at any tirne w~lhout penalty, Ne+thd forebcarance, ~
no~ scceptante by the hotder thereof aftcr any default i~ any paymems hereon, shall be deemed exu~s~on. A late payment cherge of 54~~__, shall be i
~dded to each installment remaining ~npaid 7 days after its dve date, and a hke sum shall be ad3~d to each such inatailmen? remaineng unpaid 7 days after j
rach succeediny paYmem dare.
Ea<h maker, swe and endorser hereof, o~nti and severall waives demand, E
tY 1 y y, p~eunrment protest and no~~ce of protest for no~paYmenl, and further
agrres to any e:tension of t~me of payment, e~~her before o~ after matunty, wi~houe nor~ce ~o any of us; and to pay all costs of co~tect~on, inciud;ng a
reesonaale attorney'a fee in the event of any defautt hereunder, and hereby seve~ally ws;ves a~l benef~~ of homestead and eaemptio~ under the tonstitvlion
~~.d laws of each Srate of the United States, as ~y~inst this obl;gation p ~ny eatens~o~ w renewal he~eof.
Witness the hand ar+d ual of esch party.
~ Charles B. E21ett ~aq
(SFAL)
s/ Mildred L. Bllett ~,,U
$16.80 1 srat. aev~nue (sEAl1
i5ts*cwR~11~ s~carl~al ~
NOW, THEREFORE, the MORTGAGOR fw ths purpose of seturing payment of sa~d sum of s~ 1~ 2~ , and the perfwmuxe of tM
covenanrs ~nd agreementy hereina(ter expressed, and fo~ d~ven good and valuable cons~derat~o~s, by these presents, does yrs~t, barps~n, sett, rem~u,
re•.eass, convey and confirm unto the MORTGAGEE, ifs ~uccessors and au~gns, all tAat cerrsin Iof, piece or pucel oi land, tituate, tying, and beinp in the
Counry of SL _ Lucie , and Sat~ of Fbrida, desuibed as follows:
+
F
4
Lot 16, Block 160, LAKEWOOU PARK SUBDIVISION~ UNI? 12, as per
i
` plat ther¢of on file in Plat Book lI, paqe 26A~ Public Records
~
; of St. Lucie County, Florida,
~
i
i
~~W~ S~~D _ IN PAYMENT pF T~
D~'f ~M CLISS 'C INTAlVGIBIE PERS('NAl PROPERir.
p`: S..A:.i i0 CHAPT~R 2P721. 11CiS Qf 19i1.
FCG~(' P01;!'AS. Clerk Cirtuit Cr~rt
ST~ o` L t~,a ~ Agert tot DANIEL N.
v~ =JOCU~!E~! .TA~.•~ STl~~~,- TA x ~WIE$, 1`
J 2 _ .z - - - St lucie County tau Gilecta
~ i10Y19'71
N V etat. ot ttrtevc 4~- 3~ v v 0~ ~ 1!
P.B. ~90~ - ~ o~unr cx~K
~
royefAer w~th all a~d s;ngul~r tF?~ ten~mentt, he~~ditamenq ~nd ~ppvA~rxes thereunto btlaging a in •nrwise appertaininy thtr~to. ~~+d dl r~nts, fuu~a.
proceed~ and p?of~ts xuuiny and to acuw from s~id premises. •11 of whicl~ are included in !M +bore and forpo~np d~scriptian ~nd Mb~ndu~n.
TO HAVE Alvp TO NOID tM abov~ describ~d a~+d yranted prcmisea unto the said N~ORTGAGEE, its successors ~nd •:siyns fw~vK. Md aaid
MORTGAGOR for -~~u----- Mirs, ~aecutws, +dmin~srr~ro.s and suigns, hereby covenanes wirh tlie ~aid MORTGAGEE, its successon ~nd assipna,
~hat --~-agX-~~-~ i~wfutty seued af the faid prem~ses in fe~ simpfs: that t}» sam~ ue frM, cksr u+d dixhar~ed from ~!I INro and ~ncum-
b.~~ces in law o. ~n pu~ry, and rhsr the v w;lt and t~ lr F~e;n ?h~lt w~rrant ~nd defend the ti~l~ a the ~am~ to tM wid
MORTGAGEE, its succe~so~s and ~upru. (uwer ay~inst th~e lawfu) claims ~nd demands of •11 persons;
PtEOVIDED. AlWAYS that if the MORTGAGOR shall pay unto tM MORTGAGEE th~ p~omiuory rott hereinbcfae dex+ibed u+d shal( trvly, promptly
and fully perfum, d~~charge, e:ecute, completr, comply wirh and abide by each +nd erery tM stipuiat~or:s, ay.eements, condiiions ~nd tov~nants o( uid
prom~ssay not~ ~~d of thi~ Mor~qaye. ~h~n thi~ Mwtqs9e and the Es?ate h~reby cr~ned sh~ll cease ~nd be null and void.
IT IS UNOERSTOOD that the wud "Mwtyayoi' whNhe~ in the si~yular a plw~l anywix~t in this Mutype, sMll b~ sinyular if on~ only ~nd
sh~ll be plural jointly and Nverally if mwt th~n on~, and that the word "their" as uud ~nywl~er~ in tha Ma~ype shall b~ tsken to rr~~n '•hif,.• `.Atn;'
w"its." wherever the conteat w impliN w ~dmift. Alw. that wherever fhere i~ a r~terenc~ in 1M coveruntf and ~preemenri herein conuin~d to ~~y of
+1,~ parties hereto, thr same ~hall b~ construed to m~~n as well at the heirs, 1e9a1 r~~sentatives. succ~uors a~d auiyro (either wluntary by ~ct o( th~
par~ies or invo~unr~ry by oper~ran ol tFK !aw) o~ the same and that the covenants herei~ co~uined sA+ll bind snd th~ btnef~q a~d advantayes inur~
~o the ?eap~ctive hein, Ipal represero~tives, succeswrs and au'yns of tM p~rtip h~reto.
And said Mo.tga9ors, fw themselves and their F~ein. Ieyal represenratives, tucc~sson and •ssiyns. Mrtby jointly and sever~Ily cov~nant ~nd pne
to ~nd wifh tF~e said MORiGAGEf, ity succeswn and ~upns:
1. io pay •N and sirgular ~M p~incipal and intsr~~t and ~M rarious ~nd ~undry sumi of mo~eY Payabte by virtw ol said prom;asw~ not~. ~nd this
mwtflaye, tach ~nd eve~y, promptly on rtr days retp~cttvtly the t~me sev~rally becomt dw.
4. To p~y ~tl and sir~ular th~ ta:N, a~kssmenb, kviet. liabil~riss. oWiyatiwu and ~++cumbnnca of every nnu.e ~nd kind now o~ a~id d~scribed
prop~.ty, a tha~ hereafrer may b~ ~mpowd, suffe.~d, pf~ced, Mvied, a ast~sstd thereon. or ~hat h~reaf?~r may be kvi~d w sssessed vpon this Mor~¢
~e, a+M i.~d.b~ed++eu ucu?ed hereb~. exh ~nd ~very, when dw .nd pa~•bl.. ~ccordi.g to law. b~fw~ they becom~ dslinquent, ~nd b~fa~ ~ny intae»
attaches w any penalty is incurred; AND INSOfAR AS I1NY TMEREOF IS OF RKORD iHE SAME SHAti df PROAMitY SAiISFIEU ANp DlSCNARGED Oi
RECORD AND THE ORIG1NAt OFFICIAL DOCUMENT ~SUCH AS, FOR INSTANCE, iHE TAX REtE1Pi OR THE SATISfACTION pAPER OfFICIAIIY ENOORSED
OR CERiIF1Ea) SHAIt BE PLACED IN iHE MANpS OF SAID MORTGAGEE WITHIN TEN DAVS NEXT AfTER PAYMENT; a~+d in ~he event tMt •ny thereof i~ rws
pa~d. aar sfied •nd discha~ged sa d MORTGAGEE m~y •r •ny rime p,~ ??~e tame a any pan ~he~eof w~thou~ w~w~ny o~ a(Fea~~y any ppficn. tien, ~quity a
•~ahr ~~de~ or by virt~e of this monya4e and the full amount of each and every ~~h payment shall be immed~ately due and payable •nd shall be~r inf~rest
i•om the da:e tA~reof until pa~d at rare ot mne per ~ent~m per annvm ~nd t ether w~th suc n re ~jbe secured b the 7ie~ of th's morpt~yr•.
~ Q~ 1 ra~~ ~'!Y~