HomeMy WebLinkAbout1067 2zu89 ~ ~ '
THIS INDENTURE, AMde the ~th day of December A.D. 19 71 betwesn
Fi~rry Bonnell and Ruth Full•er Bonn¢11,_ his wife_ _
~
of SL . Lucie ~~~~y Ftorid~, hereinafta designared ~s rhe "MORTGAGOR," and fIRST FEDERAt SAVINGS AND LOAN f
ASSOCR~TtON OF FORi PIERCE, a corpw~t~cn organized and ex~stiny unde~ fhe lavr~ of the Un~tcd Su~oi of America and Mv~n~ its principal pl~c~ of ~
bus~r+~u in tM Ciry of Fwt Pi~~c~, St. lucie Counry, Florid~, 1?ereinafttr desgnated at tM "MORiGAGEE:' ~
51 ~Q~• ~ and lawEul ma~a d tM U~?.ted ~
WNEREAS tM MORTGAGOR is justly ir+debted ro the MORTGAGEE in the sum of S 3a~ y
: rates advuxcd by rhe MORTGA^vEE umo the MORTGAGOR, as ev~de~ced by a cerum prom~sswy note of even da~e hrrew~th. of wh~ch t~~e followinp in ;
words and figuret is a trw copy, towit: 1
s 5.000.00 ~ • . ~ 3-17,719 ~
~
Fort Pierc~, f{orida. `R'~'~"'`j~'a Js ~Y : a
fo~ value received, t, we w either of us, prom;u to pay, without defatca~ion, to the order of FIRST FEDERAL SAVINGS AND :QAN ASSOUATION OF -
FORT PIERCE st Fwt P]e~ce, Ftwida, the sum of s 5~~~• wUh inte~ese from date at the rate of8!
25"o per snnum, in monthly instalt-
~e~n as fot!ow:: i 55. 00 ~ 15L ~Y of February , 1972 and a like sum on the cwrespond~n9 day of each month therc-
after until fhe whOf! b! fully paid. •
E~th insta!{rrKnt (irst shall be app~~ed in payment of the interest and then on the unpa~d ba~ance of the princ~pst sum. If d ault is made in the
~aymeM of any insta~~ment wiun due, and such default co~t~nues 30 days, then at the option of ~he hoider, and w~thout any other notlcc, all tF+e rema7Nng
,.,~fallmenrs s~aN be due and payab;e at o~ce. Privfiege is g~ven to prepay thia note in whole or in part at any t~me without penalty. Neither forebearance,
nor ~~ceptance by ~he hoider thereof after any default in sny payments hereon, shalt be deemcd exrens~on. A late payment charge of s 2• 75 th~ll be
,>-'ded to each insta~Iment remainirg unpaid 7 days atter iri due date, snd • like sum shall be addrd to each such installment remaining u~paid 7 days after
each succeedirg paymeM date.
+ E~ch maker, surety and endaser hereof, joi~tty and severalty, waives demand, presentment proteat and notice of protest for nonpayment, and furlhsr
a~+ees to any exfension of time of payment, either before w after matur~ty, witho~t not~ce to a~y of us; and to pay all costa of collect~on, includ~np a
reisonabk srtorney's fee in the even~ of any defa~lt txreunder, and Fx~eby severatly wa~ves all bcnefit of homestcad artd ezemption under the constitut'an
a,d Isws of each State of the United Stetes, as s9ainst this obligation or any cxtens~on w renewal he~eof,
Witness the har.d snd xal of esch party.
S~ Ha 1 BO 11 (SEAU
.t L ~`+~~-LCt~~%-C -4-~_ (SEAI)
s uth% Fuller Bon e 1 ~~q
- cs~?u
~ ~ 7• 50 t State Revcnue _
c~wr+F~w~s sicsr~~+sa)
NOW, THEREFORE, the MORTGAGflR for the purpose of seturing payment of sa~d sum of S S~~~ snd the performance of the
covcn~nts •nd sgreemenrs hcreinaffcv eapressed, and fw divers good and vstwble considerations, by texse p?esents, does grant, bsr9ain, sell, rcm~se,
re;ease, convey snd conf~rm unro the MORTGAGEE, its succeuors and au~gns, all that ce.tain lot, piece or p+rcel of land, iitvate, lyinp, and being in ths
St. L11Cle and Stat~ of Florida, dewibed ~s follaws:
L.ots 22 and 23, WOODMOUNT SUBDIVISION, as per plat thereof on
file in Plat Book page 83, Public Records of St. Lucie County,
! Flor ida,
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; RECEn~n D .v~°
! , ~UE ON C!/?~ ~M~GtBLE pE,~PAYM~ OF rj~
; ~lJkSL'AfyT TO
; ROGER PpIT ~~`R 2ona. acrs
~~aai~~'•
U F: ~~i A ~ C?erl~ Cireuit Court
~ " ~ :~,~l.; ; ' ~t~Y, St ~e~ for DANIEI N, ~
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~ together with all ~nd sir?gul~r the tenemen», hcreditamenb and appurtances thereu~to belonging a in anywiie ~ppenainirg thereto, srd ~II r~nb, issws,
' proccedt and profits ~cuuing and to acvue from ~sid premises. •11 of which ~re included in tF+e sbove snd fors9oiny deuripYwn ~rd habendum.
TO HAVE AND TO HOID the above dewibed +nd 9ranfed pcmises unto the ~aid MORTGAGEE, its successors and auiyns for~w+. Md tFr said f
~ MORTGAGOR fo~ Lhelr--- hc;?s, executon, administratws and sisigns, hereby covenants with the s~id MORTGAGEE, ib uxc~sson ~nd atsfpro.
~ ~hat Lh@y are__ i,,,,~„i~Y Mized of the said prsmises in fee simple; that the same ~re free, ci~ar snd diach~rged from all liera ~nd ~
br~nces in law a in equity, ar?d that they N,~~~ their heirs shall warr~nt and defend the title to the sam~ to the ~aid
_ MOR?GAGEF, its successors and assiyns, fuever sg+inst ths lawful clsims and demands of all penons; ?
;
PROVIDED, ALWAYS thst if the MORTGAGOR ih~fl pay unto the MORTGAGEE the p~omisswy note hereinbefor~ desaibed snd ihall hu~y, promptly ±
and fully perform, d~scharp~, exec~t~, complete, comply with and +bide by e+ch and evcry the alipulations, ap~eemenri, conditiw~s and tovenanq of s+id `
prom~ssory note ~nd oi this Mortgaye, then this Mort9spe snd the Est~te hereby asated sMU tease and be null ~nd void. ~
IT IS UNDERSTOOD that the wwd "Morty~por" whether in tM sirguler w plwal anywhere in th7s Mwtyaye, ~hall be sinyul~? if one only ~nd 3
ihall be plu~al jointly and seve~ally if mor~ than one. ~nd that the wwd "thek" +s used ~nywhere ~n this Mortyaye sh+U be tsken to mean "ha; '"hen; '
:F$ w"its;' wherever the conteat w implies or admits. Alw, that wFxrever thcre is • refe~ence in the covenaots +nd sqreements herein contain~d to ~oy of
The p+rties hereto, ths iame ahall b~ cornrrued to mean at well as the hein, ley~l rpresenutives, successors snd atsipnt (eith~r voluntary by ~ct of t1»
parties a involuntary by operation of tF?e law) oi the same and that the covenants herei~ contained ihall bind ~nd tM beeefiis u+d adwntpes &wt~
..z espect lep eprssentatives, successws and au'9ns of the parties hereto.
to the r ~ve heirs. ~I r
Md said Morty~gws, fw themselva ~~d their hein, leg+l represent+t:ves, tuccessws and ~ssigns, hereby jointly a~d severally coveMnt and ayr~t
ro +nd with tM said MORTGAGEE, it~ successon +nd assi9ro:
1. To p~y sll ~nd sirgul~r the princip~l and interest and the varavs ~nd iundry sums of moneY paY~bk by virtw of said promiuwy not~. ~nd ?his i
mwtq~pe• each and erery, promptly o~ the days respedively the same sev~r~lly become due.
" 2. To pay •It ~nd sir?yvlu the taxes, assesunenb, levies, liaoilities, obliyatiaq and Mcumbr~ncH of evsry MtWf and kind now on taid d~wib~d
~y property, a tMt hereaft~r msy be imposed, suffered, plxed, Ievied, or ~ssesfed tF+ereoe, p/Mt hereafter m~y be kvied w~ueued upon N?fs Mwt¢
+9e, a the indebtedneu secured hercby, e~ch and ~wry, when due and payable, xcordirq to Iaw, befwe they become delinqueM, and befa~ ~~1y If1tMfl) :
`?1 attaches o? aoy penalty ia inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAIL BE PROAAPTLY SATISFIED AND OISCNARGE~ Of j
~ RECORD AN~ 1HE ORIGINAL OFFICIAI DOCUMFNT (SUCH A5, FOR INSTANCE, iHE TAX RE~EIPT OR THE SATISfACT10N PAPER OfPIC1AlLY ENDORSEO
.b OR CERTIFIE~) SHAII 6E PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in ?he event that a~y thsreof i~ rw~
paid, sat'sfied and d~uharged sa:d N?ORTGAGEE may •t any t~me p+y the s+me w any pa~t thereof w~thout waivi~y w sffectiny any opt~on, lien, eqvity a ~
_ ~~~ht under w by virtue of this mortgage and the full amaunt of each and every such pa~ment shall be imr+udi~tety due and payable and thall bear inte~q~ ~
~~om the d~re thereof untit paid et rate of nme per cenru~n per annum and to9Hhq vKth~u~~te~eft sh~ll be secured by the lien of th's mot9ta9l. {
_ 600K P1lCE~1~UV