HomeMy WebLinkAbout1470 ~195Ei3 ~
THIS INDENTURE, lNsd~ the ~3rd da of Novenber A.D. 1971 between
Ric ar 8. G~11 s and L nda J. Gillis,his wifQ
1
St • uc ie
ef County Flwida, hereinafte~ desg~ated ai The "MORTGAGOR~" and fIRST FEOERAI SIIVINGS ANp IOAN ,
t+SSOCIATION OF fORT PIERCE, a corporat~on wgan~:cd snd ea~~~~ng under tM laws of ~he Un~ted S~+tos of America •nd havinp ib principal place of ~
bus~ness in ths City of fort P~erce, S~. lucie County, florida, hereinaher despnated ss tM "MORTGAGEE:' ;
WNEREAS the MORiGAGOR is justly indebted ro the MORTGAGEE ~n the sum of f_ las'~~'~~ good and lawful money of the Un:ted ~
S<ntr• advanced by fhe MORTGAGEE umo the A10RTGAGOR, as evidencrd by a cena~n prom~ssory note of even dare herew~th, of wh;ch the foilow~n9 in ~
5
..e~ds and tigu~es is a trve copy, to-wit: 3-17 670 !
I2~~~•~ ~ ~ {
s Fort Pirrce, F;o~ida, Novenber Z3 19 71 ;
S
Fw value rcce+ved, I, we o+ either of us, prom~se to pay, without defalcation, to the ordar of FIRST fEDERAI SAVIW`GS AND LOAN ASSOCIAiION OF
~ JRT PIERtE at Fort Pierce, Flo~ida, the sum of S- 12 - w~th in~e~est from date at the rate of 8iQ°b pe~ annum, in moMhly instsll-
105 00 lst Januazv 2 ~
~~nrs as fo"ows: S- • on the day of 147 _ ~nd a like sum on the co~respondinp day of exh month there-
ar~er until the v`hole be fully paid. ~
Each insrallrnent first shall be appl~ed in payment oi the interest and then on the unpa~d balance of the p~~~cpa~ tum. If d'eult~ is made in the
;.~.~nenr of any ~nsiai~ment wh~n due, and such defautt tomin~es 30 days, then at the opti~n of ~he holder, and wrthout any other notKe, all the ~er++a~n~ng
-.stallments sha11 be due aiid payable at once. Privilege is given to prepsy tAis note in wholr o~ in par~ at any t~me without penalty. Neither fwebearance,
ro~ acceptance by the Mtder thereof aiter sny default in any payments hereon. shall be deemed extens~on. A late psyment charg~ of ~ S•~S sMa11 bs ~
•,~~ed to each installment remaining unpald 7 days after its due date, and a t~ke sum shall be added to each su<h installrneN remaining unpa~d 7 dayi ~het
e3ch succeeding paym.e~t date.
Each maker, surety and endorser hereof, jointiy and teveralty, wa~ves demand, presrntment protest and not~ce of protest for nonpayment, a~d furthe?
aarees to any eatenswn of t~me of payment, euhe~ before o~ after mawriry, without not~ce to any of us; and to pay aU cos*s oE collection, includ~op a
~~~.+io~able atrorney's fee in the event of any defau~t hereunder, and hereby severatty waives all benef~t of homrstead and exrmption under the constitutan
~ d!aws of each Statt of ~he United States, as agamst this oblga~ioo or any eYte~sicn a renewal hereof.
~kitness rhe hand and seal of each party. s~ Riehard B. Ca111~S
~ (SEAL)
(SEAL)
n a . Gi s ~U
18.75 - ts~wU
1 State Revenue
~itaropt tatxdl~d~~ti9i~L otate) 12 5~
NOW. THEREfORE, the MURTGAGOR fw the purpose of securing payment of said sum of = • and the performance of the
covenants and agreements he~einafter exp~essed, and for divers good and valu+ble coro~derstions, by these prese~ts, does grant, baryain, sell, remiu,
~e ease, convey and confirm untp the MORTGAGEE, its auccessors and ~ss~gns, alt that certa7n iot, piece w parcel of land, situate, lying, and being in 1hs
Co~nty of $t• L~1e a~d State of Fbrida, dewibed a~ follows:
Starting at the Southeast corner of Lot 6, PINB VIS2A S[BDIVISIU~I, as per
plat thereot on f ile in Plat Book 9, page 58, Public Records of St. Luc iQ
County, Florida, run thence North along the Bast Boundary ot said Lot,
; 140 feet; thence turn and run West parallel with the South line ot said
4 Lot 6, a distance of 100 teet; thence turn and run South parallel with
the East line of I.ot 6, a distance of ld0 feet to the South iine of Lot
i 6; thence run East to the Point of Beginning,?
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f
4
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• 1 'G ~ t-- l _ _ r ; Q--~
S'"~ ~ . .
; i..: ^ _ _ -T _ REC6~IIfp j~S IN PAYM
c~ `'~:C~-" V' - - DUE ON CIASS 'C' INTANCIBIE PERSCNAI P.'tOPERT~Y~
~ ~ ~ 7~; PURS11ANT TO CF{APT:R 2p724, ACTS 0~ 1941.
j J? _ t1~Y2y' ~1 C_y Y;,,~ =7`-~ t l
~ _ ;,~.,r~~ _ BOG~R POITRAS. ~le~k Circu i t C
o u r t
N ~ ;:`r~.Q` as Ager.t for C,1!lI~L N. KNOWLES, JR
pB.t~u~,t
K St Lucie Cou:.ty Tax Celtector ~
.
~ By ~jar . v~Cl.~-
~
~ DEPUiY CLE1~( ~
~
~
~ ~ogether w'~th atl and singular the tenements, he~edlfamenri and •ppurtances ttxreumo belonging w in •nyw?se ~Ppert+ini?g therero, and all rems, iuues,
proceeds snd prol~ta xuving snd to scuue from said premises, all of which are ir~cluded in the above ard faa~oing d~scription and habsndum.
- TO HAVE AND TQ Ii~lO the sbove desaibed snd granted premises unto ihe s+id MORTGAGEE, its succeswrs and aui9ns forewr. Md tM said
h50RTGA R fw --thel! he]rs, executors, adminisrrotors and assigns, htreby coven~ntt with the a~id MORIGAGEE, iri successo/s and ~stpns.
rhat --~Qy dZ@ - lawfully se~zed of the said prem~ses in fee simple: that the iame are frx, de~r and disch~ryed from sll lieru and encwe~
?i brances in law a in equity, snd that they w;11 and their hein shall warrsnt and defend the titk to the sartM ro tht said
' MORTGAGEE, its succeuors ~nd assigns, fwever ags~nst the lawful claims snd demands of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tF+e MORTGAGEE the pranissor{ r.at~ ixreincefwe desuibed e~+d tMll buly, p?omptly
" and fu(ly perlorm, d~xAarge, execure, compkta, comply wi~h and abide by esch and every the etFpvlation~, a9?eemenh. cond~ri«n and corsn.nn of s~id
~ prom~ssory rate and of th~s Mortgage, then this Mongage and the Estste hereby ue+ted shall uase and be null and void_
IT IS UNDERSTOOD that the wwd "Matyagor" whefher in the s~ngular or pl~ral anywhe~e in this Matgage, ihall be sinpuls~ if one only snd
shall be plural joimly and sererally if more than orx, and that the word "the'u" ~i vsed anywhrre in th7s Matya~e sh~ll be taken to me~n "his:•••~n••
or "its;' where~er the conte:t w impfies o~ admi~s. Also, that wherever there is s reference in the covenana snd ~reements herein contained ro any of :
rhe pa?ties hereto, the ssme shall be construed to me~n s~ we~l as the hein, leya) representatirn, successors and a~siyru (eithe? voluntary by act of the
- parties a involuntsry by ope?ation of the Isw) of the ssme and that the covenanti herein contairxd shsll bind u+d the benefits and ~dvantapa irwr~
to the respective he~rs, legal represe~?stives, successo~s and au~gns of the psrties hereto.
And said Matgagon, fw themselves snd their heirs, legal representativef, sutcessors ~nd auipns, hereby jointly and xvetally cewerunt and ayree
to and with the said MORTGAGEE, its successwt and ~ssigns:
` 1. To pay alf +nd sirgula? the principal and intereit snd the variars and sundry sums of ma~ey psysble by virtw of isid promi~sory note, and this
mongsye, esch and every, promptly on the days respectively the same severally becoms dve.
2. To pay all a~d ~ingvlar the taxes, ~ssessmenn, levies, liabilit~es, obligations snd encumbrances of evcry n+rur~ ~nd kind now on s~id dsscribed
`z; property, w that Fxreafier may be impwed, suffered, p~~ced, levied. or sisessed thereon, a th~t here~fie~ may b~ kvied a utessed ~pon tFus Mort¢
age, a~M indebtedness secured hereby, each and every, when dve and payable. ~ccadiny to law, 6efore they becwn~ delinquent, a~d bsfwe ~ny int~rsst
atraches w any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIED AND OISCHARGEO OF
RECORD AND THE ORIG71vAl OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCf, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIALLY ENDORSEO
OR CERTIFIED) SHAtI BE PIACED IN iHE HANDS Of SAID MORTGAGEE WITNIN TEN OAYS NEXT AFTER PAYMENT; end in the event that ~ny theraof a not
paid, ss~ sfied +nd discharged sa d MORSGAGEE rnay at any time pay the same a any part thereof without waivirg w affecting any option, lie~, equity a
•~qht ~nder w by virtue of this moitgage and the full amount of each and every such payment sha~l be immediately dve +nd p~yable and thall besr interqt
~•om the date thereoi umil paid at rate of n~ne per ce~tum pe~ annum •~+d together w~th mt r 11 bt secur by the lien of th:s morgtaqe.
oQK~~~ P~1~68