HomeMy WebLinkAbout1135 V ,
21932~
THIS IN~ENTURE, Mad~ tMR 11 th da of Novembe r A.D. 19 ~ 1 between
Tom Edwar~ Jones and Betty Elaine Jones, h s wife
of St. LuCie County Flwida, Mra~n+fte~ d~signated fF» "MORiGAGOR." and FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORt PIERCE, a corporation w~~nised and exiiiin9 undei tM laws of ths Un~ted Suivs of Ameriu snd havinq ib principal plac~ of
buwn~u in th~ City of Fwt PiKC~. St. luci~ Cou~y, florid~. Mrtin~h~r dstipn~ted as th~ '.hiQ~ZGJ~C,T~f,•• ~
:30~171JV • ,,,d ~a,~„ful mo~ey of the Un~ted
WHEREAS tM MORTGAGOR ia jwtly indeb?ed to tM MORTGAGEE in ths sum oi = ~ . 5~•
St~te~ advarxed by ths MORTGAGEE unto the MORTGAGOR, ~s evidenced by a certa~n promissory note of cven date herewi~l~, of wh~ch ths followiny in
wada ~nd fiy~res is a~rw copy. ~o-wit: 5-17 ~ 622
~ 30 , 000 . 00 r~?o
~ P~~ Fia;~,, November 11 _~9 71
fo~ vtlue received, I, we or either of us, prom~se to pay, without defalca~~on, ~o the order of fIRST FEDERAI SAVING~S~ AND IOAN ASSOCIATION Of
FORT VIERCE ar Forf Pierct, Fbrid~, ths sum of s+ 3O with i~rerest irom date at the rate of 8•'7o per a~nurtb 1n m0~lhly inslalt-
menry u foltows: i 292'~ on the 1St ~y af January . 19 72 ~„ke sum on the correspond~ng day of each awnth tluee-
afta until the whoN be fully paid.
Each insullment fint shall b~ app~~ed in paymenf of th~ intr.eet artt! then ea the ur.paid E.i!s:~ce of the piinc'pal sum_ t4 d~ wlt is m~ ie th~
payment of any installment whe~+ dw, snd such default con~~nues 30 days, then at the opti~ of the holder, and wiihout any oiF+K notiCe, alt the remain~ny
~nstallments sha!I be due and payable ~t once. Privilege is yiven to prepay this note in whole or in part at any t~~ne wirhout penAity. N~ither torebearance,
nor ~cceptance by the holder thereof atter any defau~t in any payments hereon, sh~ll ioe deemed e,ete~sion. A late payment cF+uge of-:._14.6~11 bs
added to each inst~ilment rem~ininp unpaid 7 days after iri due date, ~nd a like :um shall kx added +o each such installmcnt remaining vnP+id 7 daYs aher
each succtedi~p paYment date.
Each make~, surety and endorser hereof, jdr.tly and severally, waives demand, presenrment pro~est and no~~ce of p~otest fw nonpayment, ~~d further
agrees to a~y extension of t~me of paymer?t, either bsfore a afte? matur~ty, wi~hout not:ce to any of us; and to pay all coats of collection, includ~r~ •
reasonable attuney's fee in the event of any def~utt hereunder, snd hereby severally waives ali Fxnefit of homes~cad and exa~nption urxle~ tM constifution
and lews of exh State of the United States, as ayainst tAis obligation o~ any eztension w renewal hereof.
Witness rM Mnd arxl seil of e+ch party
s/ Tom Bfivard Jones (s~AU
($EAU
s/ Betty Elaine Jones ~,q
' ts~?u
~ 4 5. 00 ) st.r. aewnu. '
(Staw~? ~eellaJ ~w ~ri~w+~l-wsN)
NOW, THEREFORF, tM MORTGAGOR fp tha purpost of seturirtg paymem oi said sum of S 3Oy~~•~ ~~d ths perfwmance of tM
covn?any ~~d ~pr~emenrs hereinafter e:prcued, ~nd for divers good and valuable considerat~or+s, by theu presc~+ts, does gr~nt, barysin, setl, rem~se,
relcase, convey and confirm unto tht MORTGAGEE, in a?cc~uors ~nd +u~g~s, a11 fMt ce.tain lot, piep w parcel of (u~d, sitwte, tyiny, and beinp in the
Camry of St. I.uC1C and Sute of florida, descr~bed as foi3ows:
Beginning at the Northeast corner of the NE1~ of the NW4 of the NE~ of Section 7
Township 35 South, Range 40 E~ st, run West 300 feet to a point; thence tnsn and
run South 25 feet for the Point of Beginning; thence from said Point of Beginning
continue South 285 feet to a point; thence turn and run west 180 feet to a point;
' thence turn and run North 285 feet to a point on the right of aay line of 1~ETZGER
ROAD, thence turn and run East along said right of way line 180 feet to the Point
of Beginning; said land lying in and being a part of an unnunbezed tract in an
unrecorded plat of 1?~TZGER RQAD SUBDNISION, said subdivision lying in and being
a part of the NE 4 of the NW'~ of the NE 4 of Section 7, Township 35 South, Range
40 East, St. Lucie County, Rlori da, ~1
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rcgetMr w7th al! and singular tM te~mtnn, herediuments snd ~ppwtances thereunto b~lo~girg w N? anywise appertainin~ tM~~to. ~nd +U r~nq, issws.
~ ~roce~ds and p.o/in ~cvuiny ~nd to accrw from said p~emisas. •11 of which N~ inclu~ied in the above ~nd fapoiny d~scription and hab~ndum.
~
TO HAVE AN~ TO HOlO tM ~bove d~suibed and pr~nted pem7ses unfo tFw said MORTGAGEE, ib svccesson and ~upru iw~vM. Md tM said
N~ORT GOR for -~~1 r heiri, ~xecutws, ~dmi~istrators and +uiyns, l+ereby tovsnanh with tM said MORTGAGEE, its iutcessws ~nd as~iprr.
~ ~haf ~~ey a=e-- law(ully wized of the s+id prem;set in f i Ir, tMt the s+m~ ~n frM, cl~~r and dixFuryed from all liena and encwo-
~ brsnc~s in law o~ in eq~ity, a~d that t he y wi~~ ar+d t~e ~ he;n shall wur•nr •nd d.fend rh. ~~r1. ro tM um. ro rM s+id
~ MORTGAGEE, its succeuws +nd auipns, for~ver a~airut tM lawful claims ~nd dem~nda of atl persan;
PROVIDED, AlWAYS tMt if th~ MORTGAGOR shall p~y u~to tFr MORTGAGEE tM prom~ssory note he«mbefw~ described ar+d ~hall huly, promplly
- e~d fully paform, diuhary~. ~~eecw~, compiefe, comp~Y with ~nd ~b~d~ by ~ach and every tFw stipul~rions, ayre~menb, conditiorn ~nd covenann of said
- promissuy ncte ~nd of this Mwt9aye, then this Mortpape and tM E~+ate her~by acated ~hall uase ~nd b~ null a~d void.
11 IS UNDERSTOOD tMt 1M word "Mwtypor" whether in the ~~rgul~r w plwal ~nyvrF+ere i~ ~his Mwtyaye, shall b~ sinyular if oM only and
- sh~ll bt plwd jointly and stverally if mw~ than one, and tMt tM wwd "thei~" is used anywhere i~ this Mort9ay~ sMll b~ t~ken to rt~~n "his,•• ••Mn;'
- w••its;' wMrtvM tM conte:t w implies o? admits. Alfo, that wF+e+eve~ thert is • r~ftrence in tht covenants and ayreements herein cw?tain~d to ~ny of
rhe pa.ties M?eto, tM sam~ sh+ll b~ construed to mean as well as th~ heirs. Ipal rtpr~sentatives, wccessors ~~d ~ssipro (ei~her voluntary by act of th~
partits o~ invdum~ry by op~r+tion of the law) of the same Md that tl~e covcnants herein contained shall bind a~d tM ber?efit~ and adwantayes inun
ro tM r~spective hein, Ip~l representatives, successon u+d au'yns of the p+rties hertto.
Md s+id Mortqaqo~s, fw thems~lv~s ~+d their hsirs, I~al rspresentative~, successo?s and auiyns, hercby joinrly and s~verally coven+nt and ~pree
= ro~nd with tF+~ ~aid MORTGAGEE, its s~ccessws and auiy~n:
ri' 1. To pay dl snd sitgulu the princip~l ~nd intcteit ~nd the variovs ~nd wndry sums of money pay~ble by virtu~ of said promissory ~o~e. ~nd thi~
- matpa~, t~cl~ ~nd ~very, promptly on the d~ys respectiv~ly tFK sam~ ~everally beco~x dw.
T. To pay ~II ae+d ~in~~lu tM taxes. ~ssts~men», levies, liabilities, obliyations ~nd encwnbances of every r++tun ~nd kind now on said d~scribe~d
prop~rty. a that htre~hN m+y b~ impwed, wffer~d. P~~ced. {~vied. w as~est~d thcreon, a that hersafter may b~ kviad a auessed vpa+ tlw Morq-
s~, w tM k+d~bt~dnsss secured hereby, eacl? and wery, when due ~nd payable, accordiny to law, b~fwe th~y becant delinquent, and befa~ a~ryr intNe~t
ti~ attaches o? any penalty is incvrred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHALt df PROMPTLY SATISFIED ANO DISCHARGfD OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUC11 A5, FOR INSTANCE, TME TAX RECEIPT O~ THE SATISFACiION PAPER OFfIC1ALLY ENDORSEO
OR CERTIf1ED) SHALL SE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in the eve~t that any tFKreof is not
p~id, s~Ysfied ~nd dixharged sa:d MORTGAGEE may at any time pay th! same w sny part fhereof without waiving or affetting any oQfion, lie++, equity or
.iQht under o~ by virtue of thit mortga9e and the full amount of esch snd every such paymcnt shall be immed~ately due and payabte and sFait baar H.:lrK1
~rpn tFx date thereof until psid at rste of ni~e per centum per an~um and toyether w~jh ~uc shall ~~c~ by the lien of th:s moryt~ye.
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