HomeMy WebLinkAbout2663 ~ z~o3zs
THIS INDENTURE, M.d. 2 nd d.Y of ~ec embe r A.D. 19 ~ 1 e~tW~+
Norman N. Baker and Ituth L. Baker, his wife
o{ St . LuCle County Fiw~da, here~na(~a desy~nated as the "MORTGAGOR;' and FIRST FEOERAI SAVINGS AND :OAN
ASSOCIATION OF FORi PIERCE, • a+rpw~hon w~an~ud ind exist~ny undsr the Isws of ths Un~red Srefas of Arr~riu, x?d F?+vinp in W~^uW~ V~+t~ of
bua~neu in th~ City ot fwt PiKC~, St. lucie Cour?ty, Florid~, he~einafter de~iyrutsd ~s the "MORTGAGEE."
WHEREAS the MORTGAGOR it juttly indsbted ta the MORTGAGEE in the sum of s 9600. ~ 9~ ~d lewful moncy of the U~~ted :
S~eres adranced by the MORTGAGEE unto the MORiGAGOR, as ev~oenced by a certam promisswy note of even d~te herew~th, of wh~ch tAe followinp in +
~ords and figures is a trw copy. to-wit: ~
s 9600. 00 r,~, 3-17 695 ;
December 2, 19 ~
Fon Pierce, Flw~da,
fw value recerved, I, we a either of us, prom~se to pay, without defalca~~on, to the order of fIRST fEDiRAI SAVINGS AND IOAN ASSOCiAT{pN Of
~ 7RT PIERCE at Fort Pierce, Florida, the sum of s_ 9600. ~0 ,,,,;rh ~nteresr from date at ihe rate of 8•~ per •nnun+, 7n morohly iris~all-
~-~rnts as follows: S- 81 • O0 on 1he 1 St day of February ,~q 7? a like sum oo the correspond~np dsv of teach month therr
acrer until the whole be fully pa~d. ~
Each ins~allment fi~st shall be appl~ed in payment of the interest •nd ~hen on ~he unpaid balance oi the p~inc pal sum. If d ault if made in the ~
;»ment of any insrallment when due, and such default continues 30 dsys, then at the option of the ho~der, and wi~hou~ any other not~ce, al~ ths remaining
::srallments shetl be due and payable at once. Privilege is given to prepay thia note in whole w in pa*t at sny time without penalty. Neither forebearante, ~
t
no. accsptance by the ho~de? thereof efter any default in any payments hereon, shnll be deemed extens~on. A late payment charge of s 4•~S sMll be
.,dded to each instaliment remaining unpa~d 7 days after in due date, and a iike sum shall be added to each such ins~silmem remaining unpaid 7 days after
e~ch succeediny payment data
Each maker, surety and endorser hereof, jointly and seversity, wa~ves demand, p~esentment pro~est and notice of protest for nonpayrrKnt, and fu~the~ ~
a~rees to any exteruwn of time of payment, e~ther before w afrer ma~unty, without nohce to any of us; and to pay at! costs of collection, inciud~r.y ~ c
~rasonable attorney's fee in the event of any defautt hereunder, and hereby severally wa~ves all benefit of homestead and eaemption under the constitution t
,,•,d laws of each State of ~he United States, a: against this obl~gation o? any extens+on o+ renewal he+eof.
Witness the hand and xal of each party.
s/ Norman N. Ba.ker ~U
(SEAI)
s/ Ruth L. Baker ~wU
~ ~
14.40 ~ state Revenue
!Srarn~ Lsekelle~ etr~ort~lnaf-no~ef
NOW, THEREFpRE, the MORTGAGOR fw the purpose of secvriny p~yment of said sum of S +?~d the performance of the
covenanri and apreements hereinafter expreased, and fw d~vers good snd valwbk consideratiwu, by theae presenh, does yr~nt, barpain, se11, remise,
reiease, convey and confirm unto the MORTGAGEE, iri s~ctetsors and ~ui9ns, all 1Mi tenain lot, piete or partel of land, situate, lyin9, and beirg in 1M
~ St . Luci e and State of Fbrida, dexribed ~a follows:
RE- of Block 3 of M. K. MooYe's Subdivision
Lot 9 of RUSSO' S/SUBDIVI SI~N/as per plat thereof on file
in Plat Book 4, page 47, Public Records of St. Lucie
County, Florida,
E ~ ~ e ~ ' ! - ~
3 ~ ~~~~~~~Y OF St~^l.
~ ~ ~ 3~ ` ~ ' ` ` ~ ,N ~,.~I~fS~o~rJF
t- N
a 9 ~ ~F I
F ° . ~ti-~. ` , 4. ~
.....:4' .'s~ ~
~ •c~`~ ~ EL. '
~ ,rS.. ~ a. .a. N C ~ Gt ~ C1. ~f~ ~
~ . v-- upNt t S ~l~ J~~
` , ~ " . S i s~. , N. .
~ ~ . y ~.~a. : y ` ;
V~~•!fa - ~
~ - -j > _ ~ ~ cR ~1 G't~;\~-` rA1~~,to~ ;
. - = ~ - ~ ..f~(:~- i• V" ~
~ W ST~?ri" ~ ~F t= L O R i t~ q.... ~~2~t t,~c~ ~sc~ 1
c~ ~ DOCUN+E:~ITA~ '.,STA~P Tl- X ~ ~uy°' G'v" ~
= 2+.r _ ~ ~
C Z - l? . =
~ = l~Ci~~ ` - -
° = " ~ 4 0 ~ = e'!
~ v~ v nc~c a e[r~~+[ ~ _
~ P.8.~90~~: ~
~ ~
~
~ rogether with •11 ~nd sinyular tF?e tenemenri. heredit~rt~enri ~nd ~ppu?tances thereunto balonyirg o~ in ~nywise appert~ini~p therNo, and ~11 renri, iawa, ~
_ p.ocaeds snd p?ofiri sccruirg ard to amve from said prem+ses, all of which arc includ~d in the abov~ and forparg description and Mbendum.
- TO HAVE AND TQ HQLD the above destrcbed and q~anted pemises unto rhe said MQRTGAGEE, its s~aesson ~nd +uipns forw~t. And th~ wid
p= MORTGAGOR fw t ile 1= hein, executon. +dministraton and aui9na, hereby tovenu+ts with the said MORTGAGEE, its suocesson ~nd a~iprr.
the are
_ ~hat - -y lawfully seized of the s+id pre*n~sas in fee s'anple: that the wme arc free, clear and discMr~ed i?om sll lient and ~ ~
- brances in law w in equity, and that thev will and the i r hein shall war~~t and defend th~ tab ~o the sam~ to tM s+W
MORTGAGEE, its successo?s ~nd assiy~s, forever a9~inst the lawful daims ~nd dem~nds of all pcrwro; ~
PROVIDED, ALWAYS tfiat if 1he MORTGAGOR shall p~y unto the MORTGAGEE tF?e promissory note htreinbefore desvib~d ~nd ti?~II huly, p?ompNY '
- and fully perform, d~iclurpe, execute, comple~e, comply with ~nd ~bide by each ~nd every the stipulations, syreements, conditiau and ooven+nts of wid !
- promiftOry note and of this Morty+~e, then this lNorty~ge and the Estate hcreby veated shall cease and be null and wid.
::7 IT IS UNDERSTOOD t1~t the word "Mwtyspor" whetl~sr in the s~nyular or plur~l anywhe+e in th+s Morty+pe, shsll b~ sinp~l~r if one only and
= shall be plur~l joi~tly and aever~lly if more tMn one. ~nd that the wwd °their" as used ~nywhere in thi~ Mwtqspe sh~ll be t~kan to meu? •'his,•• ••htn•.
- o. "its; ' where~er the contex~ w imptier or admih. Alw, tha~ wherever there a a reference in the coren+na and ~rsemenn herein oontainad to u~y of
- the p~.f;ea hereto, the s~me ihall be construed ro mean u weli as the hein, kpal r~xesent~tives, sucussors and ~ui9ro (either volunt~ry by ~cr of tM
- paAief q involuM~ry by oper+tion of tFx law) of the same +nd that the coven~nts herein conuined shall bind ~nd the benefiri ~nd idv~nta~es 'uwr~
to fhe respective hein, kyal representatives, sutcessors and ass=pns of the parties hereto.
And said Mwtgsyors. fw themselves and their hein, legal represcntativet, successo?s ~nd ~ssigro, hereby jointly and seva+ally coveMnt snd ~yr~e
= ro and with the ~~d MORTGAGEE, its successors ~nd +ssqro:
1. To pay ~II •nd sirgular the printipal an~ interpt and the v+nous ~nd ~undry wms of rtaney p~ysbk by virtue of said promiswry note, +nd this
mortqpe, each and every, p?omptly on the d+y~ respectrvely the same severally become due.
2. To p+y all and sinpula the taxes, assessmems. ~evies, liabilities, obliyatiom and encumbr~nces of evsry n+ture and kind rww on ta~d dpaibed
propsry p that hereafter may be imposad, suffered. Placed, kvied, a aaeased tliereon, or fhae hereaha may be levi~d a as~essed upwi thi~ Mlorty-
- aqe, or the indebtedness secwed hereby, each ~nd eve.y, wMr+ due a~d payabk, accordiny to law, befon tAcy become dsli~+querH, and before i~ny imenst
arteches w~ny penalty is incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAII BE PROIV1PitY SATISfIEO AND DISCMARGED OF
- RECORU AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPi OR iHE SA115FACTION PAPER OFFICIALIY ENDORSED
pR CERTIFIED) SNAII 6E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; a~d in the event tMt ~ny thereof i~ not
- pa~d, s~t sfied and discharged sa:d MORTGAGEE may at any nme pay the same w any part ther~of w;tiaut w~iv~ny w•ffedinp any opliw~, lie~, eqvity w
•+qM under w by vinue oi this mortgage and the full amovm of each and every such payment shall be immed~etely due +nd pay~bk and ahall bear interes~
~•om the d~1e thereof u~~~l pa~d ar rare of n~ne pe~ centum per •~u~ ~ +he. w~th ivch inte.csr sfi~ll be sccured by the lien ot th:s mapta9e. ~
_ ~~.K F~t.c~sJ9